Microsoft

Apple

NVIDIA

Amazon

Alphabet

Berkshire Hathaway Inc. - Ordinary Shares - Class B

Eli Lilly

Broadcom

Global X S&P 500 Covered Call & Growth ETF

XYLG tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock.

Global X S&P 500 Covered Call & Growth ETF (XYLG) offers income generation and partial participation in the S&P 500 index upside. XYLG sells monthly at-the-money covered calls against 50% of its assets, offering a dividend yield of 4-7% depending on VIX (including SPY's dividend). The fund's performance is expected to outperform during bull markets and underperform during bear markets compared to XYLD.

XYLG: A Covered Call Fund That Offers 5% Yield And Some Upside

Global X Nasdaq 100 Covered Call & Growth ETF

When it comes to equity income, there's a perception that dividend-paying companies are light on growth. The recent space of debuted and growing payouts among tech giants such as Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT), among others, has altered that scenario for the better.

Right Covered Call ETFs Can Offer Income, Growth

The upside potential of a covered call strategy is capped. Covered call growth ETFs like XYLG try to circumvent this “problem” by limiting the percentage of the portfolio on which they write calls.

XYLG: We See No Added Value For Covered Call Growth ETFs

JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The S&P 500 Covered Call & Growth ETF (XYLG) invests in growth and value stocks of the S&P 500 Index. They then write call options against 50% of their portfolio.

JEPI Outperforming Popular S&P 500 Option Writing Fund XYLG

XYLG takes the S&P 500 Index and writes. While it has not been around long, XLYG has been around long enough to see that its strategy, like many other "covered call" strategies, is largely ineffective over time.

XYLG: This Covered Call ETF Does Not Have You Covered

XYLG generates strong yields based on the premium gained through writing call options on 50 percent of its equity holdings. XYLG's portfolio consists of growth and value stocks of large-cap companies belonging primarily to the technology, financial, and healthcare sectors.

XYLG: Covered Call ETF Suitable For Flat Market Conditions

XYLG is an S&P 500 covered call ETF. XYLG is a well-rounded fund with a strong yield, moderate capital gains, and solid dividend growth. Lots of benefits, although none stands out.

XYLG: S&P 500 Covered Call ETF, 6.4% Distribution Yield, Moderate Potential Capital Gains, Solid Dividend Growth

The covered call ETFs from Global X have become increasingly popular and XYLG is a hybrid approach that marries income generation from covered calls while capturing capital appreciation. Since its inception in September of 2020, XYLG has never missed a monthly distribution and is currently generating a forward yield of 8%.

XYLG: Revisiting The S&P Hybrid Covered Call Fund From Global X

QYLG and XYLG are the cousin funds to QYLD and XYLD which only utilize a 50% covered call strategy to generate income so investors can also recognize capital appreciation gains. I do a side-by-side comparison of QYLG and XYLG over the same period with reinvesting the distributions and also without reinvesting the distributions.

QYLG And XYLG Are Hybrid Funds Generating Income And Growth, But Which Is The Better Buy?

XYLG is an exchange traded fund that provides exposure to the S&P 500 constituents. The fund generates income by writing call options over a portion of the portfolio.

XYLG: A Covered Call ETF With Growth

Ares Capital

Broadmark Realty Capital Inc.

Intel

Global X NASDAQ 100 Covered Call ETF

AT&T

After 40 weeks and $4,000, the Dividend Harvesting Portfolio is generating $263.680 in estimated annual income and $21.97 in monthly estimated income.

Dividend Harvesting Week 40 Update, $4,000 Allocated, $263.68 In Annual Dividends Yielding 6.81% Across 58 Positions

Introducing The Global X Covered Call And Growth ETFs (QYLG And XYLG)

News for Global X S&P 500 Covered Call & Growth ETF ETF (XYLG)