XYLG 📈 Global X S&P 500 Covered - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y2770 • Derivative Income

XYLG: Stocks, Options

The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the S&P 500® Index (the reference index), and writes (or sells) a succession of one-month at-the-money covered call options on the reference index. It generally will use a replication strategy.

Additional Sources for XYLG ETF

XYLG ETF Overview

Market Cap in USD 64m
Category Derivative Income
TER 0.60%
IPO / Inception 2020-09-18

XYLG ETF Ratings

Growth 5y 80.3%
Fundamental -
Dividend 57.3%
Rel. Strength Industry -15.2
Analysts -
Fair Price Momentum 34.49 USD
Fair Price DCF -

XYLG Dividends

Dividend Yield 12m 4.42%
Yield on Cost 5y 7.44%
Annual Growth 5y 41.17%
Payout Consistency 71.0%

XYLG Growth Ratios

Growth Correlation 3m 87.3%
Growth Correlation 12m 97.2%
Growth Correlation 5y 75.2%
CAGR 5y 13.03%
CAGR/Mean DD 5y 2.82
Sharpe Ratio 12m 1.75
Alpha 1.52
Beta 0.77
Volatility 17.91%
Current Volume 3.9k
Average Volume 20d 6k
What is the price of XYLG stocks?
As of December 22, 2024, the stock is trading at USD 33.09 with a total of 3,935 shares traded.
Over the past week, the price has changed by -1.91%, over one month by +0.09%, over three months by +3.42% and over the past year by +20.85%.
Is Global X S&P 500 Covered a good stock to buy?
Yes. Based on ValueRay Analyses, Global X S&P 500 Covered (NYSE ARCA:XYLG) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 80.25 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of XYLG as of December 2024 is 34.49. This means that XYLG is currently overvalued and has a potential downside of 4.23%.
Is XYLG a buy, sell or hold?
Global X S&P 500 Covered has no consensus analysts rating.
What are the forecast for XYLG stock price target?
According to ValueRays Forecast Model, XYLG Global X S&P 500 Covered will be worth about 38.1 in December 2025. The stock is currently trading at 33.09. This means that the stock has a potential upside of +15.08%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 38.1 15.1%