Global X S&P 500 Covered Call

American companies

(XYLP)

£12.81

Previous business day’s close price

+£2.81 (+24.31%)

max available period

£11.55

£14.36

13 Jul 23

24 Dec 24

Details

ETF description

This ETF focuses on generating income through a strategy involving the S&P 500 Index. It holds a selection of the 500 largest publicly traded companies in the U.S., mirroring the S&P 500's composition. To generate income, the ETF employs a covered call strategy. This approach involves selling call options on the stocks it holds, which are financial contracts that give buyers the right to purchase these stocks at a specific price within a certain timeframe. By selling these options, the ETF collects premiums, which can be distributed as income to investors.

This strategy may appeal to investors who seek regular income, particularly in low‑interest‑rate environments, or those looking to benefit from stock ownership while potentially earning extra income from option premiums. However, it may limit the potential for capital gains if the stocks rise significantly, as the call options might be exercised by buyers. It could be suitable for those who prioritize income generation and have a moderate to lower risk tolerance, rather than those primarily seeking growth. This ETF’s performance is influenced by the overall movements of the S&P 500, as well as the effectiveness of its covered call strategy in varying market conditions.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The CBOE S&P 500 BuyWrite Index (BXM) is a benchmark index designed to track the performance of a hypothetical buy‑write strategy on the S&P 500 Index.

This ETF is in collections:

Recently added

Key information

Key investor information

ETF Breakdown

Apple Inc

7.3%

NVIDIA Corp

6.6%

Microsoft Corporation

6.5%

Amazon.com Inc.

4.2%

Meta Platforms Inc

2.7%

Tesla Inc

2.3%

Alphabet Inc

1.8%

Berkshire Hathaway Inc.

1.6%

Broadcom Inc

1.6%

JPMorgan Chase & Co.

1.3%

Lilly

1.2%

Visa

1.0%

Exxon Mobil Corp.

1.0%

Unitedhealth Group Inc

0.9%

Mastercard Incorporated

0.9%

Costco Wholesale Corp

0.8%

Home Depot, Inc.

0.8%

Walmart Inc

0.8%

Procter & Gamble Co.

0.8%

NetFlix Inc

0.8%

Johnson & Johnson

0.7%

Salesforce Inc

0.7%

Bank Of America Corp.

0.6%

Abbvie Inc

0.6%

Oracle Corp.

0.6%

Chevron USA Inc

0.5%

Merck & Co Inc

0.5%

Coca‑Cola Co

0.5%

Wells Fargo & Co.

0.5%

Cisco Systems, Inc.

0.5%

ServiceNow Inc

0.5%

Accenture plc

0.4%

PepsiCo Inc

0.4%

International Business Machines Corp.

0.4%

McDonald`s Corp

0.4%

Adobe Inc

0.4%

Advanced Micro Devices Inc.

0.4%

Linde Plc

0.4%

Walt Disney

0.4%

Abbott Laboratories

0.4%

Philip Morris International Inc

0.4%

Thermo Fisher

0.4%

Intuitive Surgical Inc

0.4%

Intuit Inc

0.4%

Caterpillar Inc.

0.4%

Goldman Sachs Group, Inc.

0.4%

General Electric Co.

0.3%

Verizon Communications Inc

0.3%

Booking Holdings Inc

0.3%

Qualcomm, Inc.

0.3%

Texas Instruments Inc.

0.3%

AT&T, Inc.

0.3%

American Express Co.

0.3%

S&P Global Inc

0.3%

Morgan Stanley

0.3%

Comcast Corp

0.3%

Raytheon Technologies Corporation

0.3%

AMGEN Inc.

0.3%

Blackrock Funding Incde Usd Npv

0.3%

Danaher Corp.

0.3%

Honeywell International Inc

0.3%

Lowe’s Companies

0.3%

NextEra Energy Inc

0.3%

Palantir Technologies Inc

0.3%

Eaton Corporation plc

0.3%

Pfizer Inc.

0.3%

Progressive Corp.

0.3%

TJX Companies, Inc.

0.3%

Union Pacific Corp.

0.3%

Applied Materials Inc.

0.3%

Blackstone Group Inc

0.3%

Citigroup Inc

0.3%

Boston Scientific Corp.

0.3%

Conoco Phillips

0.3%

Palo Alto Networks Inc

0.3%

Stryker Corp.

0.3%

Uber Technologies Inc

0.3%

Automatic Data Processing Inc.

0.2%

Boeing Co.

0.2%

Charles Schwab Corp.

0.2%

Fiserv, Inc.

0.2%

Vertex Pharmaceuticals, Inc.

0.2%

Bristol‑Myers Squibb Co.

0.2%

Deere & Co.

0.2%

Gilead Sciences, Inc.

0.2%

Starbucks Corp.

0.2%

T‑Mobile US Inc

0.2%

Analog Devices Inc.

0.2%

Arista Networks Inc

0.2%

Lockheed Martin Corp.

0.2%

Marsh & McLennan Companies Inc

0.2%

Medtronic Plc

0.2%

Micron Technology Inc.

0.2%

Chubb Limited

0.2%

KKR & Co. Inc

0.2%

Prologis Inc

0.2%

Lam Research Corp

0.2%

Altria Group Inc.

0.2%

American Tower Corp.

0.2%

Chipotle Mexican Grill

0.2%

Equinix Inc

0.2%

Ge Vernova When Issued

0.2%

Intercontinental Exchange Inc

0.2%

Nike, Inc.

0.2%

PayPal Holdings Inc

0.2%

Southern Company

0.2%

Trane Technologies plc

0.2%

United Parcel Service, Inc.

0.2%

Amphenol Corp.

0.2%

CME Group Inc

0.2%

Elevance Health Inc

0.2%

Intel Corp.

0.2%

KLA Corp.

0.2%

Parker‑Hannifin Corp.

0.2%

Sherwin‑Williams Co.

0.2%

Cadence Design Systems, Inc.

0.2%

Crowdstrike Holdings Inc

0.2%

Duke Energy Corp.

0.2%

Mondelez International Inc.

0.2%

PNC Financial Services Group Inc

0.2%

U.S. Bancorp.

0.2%

Zoetis Inc

0.2%

Aon

0.1%

Cigna Group (The)

0.1%

Colgate‑Palmolive Co.

0.1%

Constellation Energy Corporation

0.1%

Emerson Electric Co.

0.1%

Mckesson Corporation

0.1%

Moody`s Corp.

0.1%

Motorola Solutions Inc

0.1%

Regeneron Pharmaceuticals, Inc.

0.1%

Synopsys, Inc.

0.1%

Waste Management, Inc.

0.1%

Welltower Inc

0.1%

3M Co.

0.1%

Air Products and Chemicals

0.1%

Capital One Financial Corp.

0.1%

Cintas Corporation

0.1%

EOG Resources, Inc.

0.1%

Illinois Tool Works, Inc.

0.1%

O`Reilly Automotive, Inc.

0.1%

TransDigm Inc

0.1%

Autodesk Inc.

0.1%

Becton, Dickinson And Co.

0.1%

CSX Corp.

0.1%

General Dynamics Corp.

0.1%

Marriott International, Inc.

0.1%

Northrop Grumman Corp.

0.1%

Williams Companies

0.1%

Airbnb Inc

0.1%

Arthur J. Gallagher & Co.

0.1%

Blk Ics Usd Liq Agency Dis

0.1%

CVS Health Corp

0.1%

Carrier Global Corp

0.1%

Ecolab, Inc.

0.1%

Fedex Corp

0.1%

Fortinet Inc

0.1%

Freeport‑McMoRan Inc

0.1%

Hilton Worldwide Holdings Inc

0.1%

Oneok Inc.

0.1%

Paccar Inc.

0.1%

Target Corp

0.1%

Truist Financial Corporation

0.1%

Ameriprise Financial Inc

0.1%

Autozone Inc.

0.1%

Bank Of New York Mellon Corp

0.1%

Copart, Inc.

0.1%

Digital Realty Trust Inc

0.1%

General Motors Company

0.1%

HCA Healthcare Inc

0.1%

Johnson Controls

0.1%

NXP Semiconductors NV

0.1%

Norfolk Southern Corp.

0.1%

Roper Technologies Inc

0.1%

Royal Caribbean Cruises Ltd

0.1%

SLB

0.1%

Sempra Energy

0.1%

Simon Property Group, Inc.

0.1%

Travelers Companies Inc.

0.1%

Aflac Inc.

0.1%

AllState

0.1%

American Electric Power Company Inc.

0.1%

Cummins Inc.

0.1%

Fair, Isaac Corp.

0.1%

Kinder Morgan Inc

0.1%

MSCI Inc

0.1%

Marathon Petroleum Corp

0.1%

Metlife Inc

0.1%

Phillips 66

0.1%

Public Storage

0.1%

Quanta Services, Inc.

0.1%

Ross Stores, Inc.

0.1%

United Rentals, Inc.

0.1%

Vistra Energy Corp

0.1%

W W Grainger Inc

0.1%

American International Group Inc

< 0.1%

Ametek Inc

< 0.1%

Axon Enterprise Inc

< 0.1%

D.R. Horton Inc.

< 0.1%

Discover Financial Services

< 0.1%

Dominion Energy Inc

< 0.1%

Edwards Lifesciences Corp

< 0.1%

Fastenal Co.

< 0.1%

Fidelity National Information Services, Inc.

< 0.1%

Howmet Aerospace Inc

< 0.1%

Kimberly‑Clark Corp.

< 0.1%

Lululemon Athletica inc.

< 0.1%

Newmont Corp

< 0.1%

PG&E Corp.

< 0.1%

Paychex Inc.

< 0.1%

Realty Income Corp.

< 0.1%

Te Connectivity Plc

< 0.1%

Agilent Technologies Inc.

< 0.1%

Amerisource Bergen Corp.

< 0.1%

Baker Hughes Holdings LLC

< 0.1%

CBRE Group Inc

< 0.1%

Cognizant Technology Solutions Corp.

< 0.1%

Corteva Inc

< 0.1%

Crown Castle Inc

< 0.1%

Delta Air Lines, Inc.

< 0.1%

Electronic Arts, Inc.

< 0.1%

Ford Motor Co.

< 0.1%

Gartner, Inc.

< 0.1%

Hess Corp

< 0.1%

Ingersoll‑Rand Inc

< 0.1%

Kroger Co.

< 0.1%

Kvue

< 0.1%

L3Harris Technologies Inc

< 0.1%

Otis Worldwide Corp

< 0.1%

Prudential Financial Inc.

< 0.1%

Public Service Enterprise Group Inc.

< 0.1%

Republic Services, Inc.

< 0.1%

Sysco Corp.

< 0.1%

Targa Resources Corp

< 0.1%

Valero Energy Corp.

< 0.1%

Verisk Analytics Inc

< 0.1%

Yum Brands Inc.

< 0.1%

Arch Capital Group Ltd

< 0.1%

Charter Communications Inc.

< 0.1%

Constellation Brands Inc

< 0.1%

Corning, Inc.

< 0.1%

Dell Technologies Inc

< 0.1%

DuPont de Nemours Inc

< 0.1%

Exelon Corp.

< 0.1%

Extra Space Storage Inc.

< 0.1%

Ge Healthcare Technologies Inc

< 0.1%

General Mills, Inc.

< 0.1%

HP Inc

< 0.1%

IQVIA

< 0.1%

Idexx Laboratories, Inc.

< 0.1%

Keurig Dr Pepper Inc

< 0.1%

Lennar Corp.

< 0.1%

M&T Bank Corp

< 0.1%

Martin Marietta Materials, Inc.

< 0.1%

Monster Beverage Corp.

< 0.1%

Nasdaq Inc

< 0.1%

Old Dominion Freight Line, Inc.

< 0.1%

Resmed Inc.

< 0.1%

Rockwell Automation Inc

< 0.1%

Vulcan Materials Co

< 0.1%

Westinghouse Air Brake Technologies Corp

< 0.1%

Xcel Energy, Inc.

< 0.1%

Ansys Inc.

< 0.1%

Avalonbay Communities Inc.

< 0.1%

Cardinal Health, Inc.

< 0.1%

Centene Corp.

< 0.1%

Consolidated Edison, Inc.

< 0.1%

Costar Group, Inc.

< 0.1%

Deckers Outdoor Corp.

< 0.1%

Dexcom Inc

< 0.1%

Diamondback Energy Inc

< 0.1%

Dow Inc

< 0.1%

EBay Inc.

< 0.1%

Edison International

< 0.1%

Entergy Corp.

< 0.1%

Equifax, Inc.

< 0.1%

Fifth Third Bancorp

< 0.1%

Garmin Ltd

< 0.1%

Global Payments, Inc.

< 0.1%

Godaddy Inc

< 0.1%

Hartford Financial Services Group Inc.

< 0.1%

Hewlett Packard Enterprise Co

< 0.1%

Humana Inc.

< 0.1%

Iron Mountain Inc.

< 0.1%

Keysight Technologies Inc

< 0.1%

Microchip Technology, Inc.

< 0.1%

Monolithic Power System Inc

< 0.1%

Nucor Corp.

< 0.1%

ON Semiconductor Corp.

< 0.1%

Occidental Petroleum Corp.

< 0.1%

PPG Industries, Inc.

< 0.1%

Raymond James Financial, Inc.

< 0.1%

State Street Corp.

< 0.1%

Take‑Two Interactive Software, Inc.

< 0.1%

Tractor Supply Co.

< 0.1%

United Airlines Holdings Inc

< 0.1%

VICI Properties Inc

< 0.1%

WEC Energy Group Inc

< 0.1%

Willis Towers Watson

< 0.1%

Xylem Inc

< 0.1%

Ameren Corp.

< 0.1%

American Water Works Co. Inc.

< 0.1%

Archer Daniels Midland Co.

< 0.1%

Broadridge Financial Solutions, Inc.

< 0.1%

Brown & Brown, Inc.

< 0.1%

CDW Corp

< 0.1%

Carnival Corp.

< 0.1%

Church & Dwight Co., Inc.

< 0.1%

Cincinnati Financial Corp.

< 0.1%

Corpay Inc Usd 0.001

< 0.1%

DTE Energy Co.

< 0.1%

Dover Corp.

< 0.1%

EQT Corp

< 0.1%

Equity Residential

< 0.1%

Fortive Corp

< 0.1%

Halliburton Co.

< 0.1%

Hershey Company

< 0.1%

Hubbell Inc.

< 0.1%

Huntington Bancshares, Inc.

< 0.1%

Kraft Heinz Co

< 0.1%

Mettler‑Toledo International, Inc.

< 0.1%

NVR Inc.

< 0.1%

Netapp Inc

< 0.1%

PPL Corp

< 0.1%

PTC Inc

< 0.1%

PulteGroup Inc

< 0.1%

SBA Communications Corp

< 0.1%

Smurfit Westrock Plc

< 0.1%

Synchrony Financial

< 0.1%

T. Rowe Price Group Inc.

< 0.1%

Tyler Technologies, Inc.

< 0.1%

Ventas Inc

< 0.1%

Veralto Corp

< 0.1%

Warner Bros Discovery Inc

< 0.1%

West Pharmaceutical Services, Inc.

< 0.1%

Atmos Energy Corp.

< 0.1%

Biogen Inc

< 0.1%

Builders Firstsource Inc

< 0.1%

CMS Energy Corporation

< 0.1%

Cboe Global Markets Inc.

< 0.1%

Centerpoint Energy Inc.

< 0.1%

Citizens Financial Group Inc

< 0.1%

Clorox Co.

< 0.1%

Cooper Inc

< 0.1%

Coterra Energy Inc

< 0.1%

Darden Restaurants, Inc.

< 0.1%

Devon Energy Corp.

< 0.1%

Essex Property Trust, Inc.

< 0.1%

Estée Lauder

< 0.1%

Eversource Energy

< 0.1%

Expedia Group Inc

< 0.1%

Factset Research Systems Inc.

< 0.1%

First Solar Inc

< 0.1%

Firstenergy Corp.

< 0.1%

Insulet Corporation

< 0.1%

International Flavors & Fragrances Inc.

< 0.1%

International Paper Co.

< 0.1%

Invitation Homes Inc

< 0.1%

Kellogg Co

< 0.1%

Labcorp Holdings Inc Usd Npv

< 0.1%

Las Vegas Sands Corp

< 0.1%

Leidos Holdings Inc

< 0.1%

Live Nation Entertainment Inc

< 0.1%

LyondellBasell Industries NV

< 0.1%

McCormick & Co., Inc.

< 0.1%

Mid‑America Apartment Communities, Inc.

< 0.1%

NRG Energy Inc.

< 0.1%

Northern Trust Corp.

< 0.1%

Packaging Corp Of America

< 0.1%

Regions Financial Corp.

< 0.1%

Seagate Technology Plc

< 0.1%

Snap‑on, Inc.

< 0.1%

Southwest Airlines Co

< 0.1%

Steel Dynamics Inc.

< 0.1%

Steris Plc

< 0.1%

Super Micro Computer Inc

< 0.1%

Teledyne Technologies Inc

< 0.1%

Teradyne, Inc.

< 0.1%

Texas Pacific Land Trust

< 0.1%

Trimble Inc

< 0.1%

Ulta Beauty Inc

< 0.1%

W. R. Berkley Corp

< 0.1%

Waters Corp.

< 0.1%

Western Digital Corp.

< 0.1%

Weyerhaeuser Co.

< 0.1%

Zebra Technologies Corp.

< 0.1%

Zimmer Biomet Holdings Inc

< 0.1%

Akamai Technologies Inc

< 0.1%

Alexandria Real Estate Equities Inc.

< 0.1%

Align Technology, Inc.

< 0.1%

Alliant Energy Corp.

< 0.1%

Amcor Plc

< 0.1%

Aptiv PLC

< 0.1%

Avery Dennison Corp.

< 0.1%

Ball Corp.

< 0.1%

Baxter International Inc.

< 0.1%

Best Buy Co. Inc.

< 0.1%

C.H. Robinson Worldwide, Inc.

< 0.1%

CF Industries Holdings Inc

< 0.1%

Camden Property Trust

< 0.1%

Carmax Inc

< 0.1%

Conagra Brands Inc

< 0.1%

Dollar General Corp.

< 0.1%

Dollar Tree Inc

< 0.1%

Dominos Pizza Inc

< 0.1%

EPAM Systems Inc

< 0.1%

Everest Re Group Ltd

< 0.1%

Evergy Inc

< 0.1%

Expeditors International Of Washington, Inc.

< 0.1%

F5 Networks Inc

< 0.1%

Genuine Parts Co.

< 0.1%

Healthpeak Properties Inc

< 0.1%

Hologic, Inc.

< 0.1%

Host Hotels & Resorts Inc

< 0.1%

IDEX

< 0.1%

J.B. Hunt Transport Services, Inc.

< 0.1%

Jabil Inc

< 0.1%

Jack Henry & Associates, Inc.

< 0.1%

Jacobs Solutions Inc

< 0.1%

Keycorp

< 0.1%

Kimco Realty Corporation

< 0.1%

Loews Corp.

< 0.1%

Masco Corp.

< 0.1%

Moderna Inc

< 0.1%

Molina Healthcare Inc

< 0.1%

NiSource Inc

< 0.1%

NortonLifeLock Inc

< 0.1%

Omnicom Group, Inc.

< 0.1%

Pentair plc

< 0.1%

Perkinelmer, Inc.

< 0.1%

Pool

< 0.1%

Principal Financial Group Inc

< 0.1%

Quest Diagnostics, Inc.

< 0.1%

Rollins, Inc.

< 0.1%

Skyworks Solutions, Inc.

< 0.1%

Stanley Black & Decker Inc

< 0.1%

Tapestry Inc

< 0.1%

Textron Inc.

< 0.1%

Tyson Foods, Inc.

< 0.1%

UDR Inc

< 0.1%

Verisign Inc.

< 0.1%

Viatris Inc

< 0.1%

A. O. Smith

< 0.1%

AES Corp.

< 0.1%

Albemarle Corp.

< 0.1%

Allegion plc

< 0.1%

Apache Corp

< 0.1%

Assurant Inc

< 0.1%

Bio‑Techne Corp

< 0.1%

BorgWarner Inc

< 0.1%

Boston Properties, Inc.

< 0.1%

Brown‑Forman Corp.

< 0.1%

Bunge Limited

< 0.1%

Caesars Entertainment Inc

< 0.1%

Campbell Soup Co.

< 0.1%

Catalent Inc.

< 0.1%

Ceridian HCM Holding Inc.

< 0.1%

Charles River Laboratories International Inc.

< 0.1%

Eastman Chemical Co

< 0.1%

Enphase Energy Inc

< 0.1%

Erie Indemnity Co.

< 0.1%

Federal Realty Investment Trust.

< 0.1%

Fox

< 0.1%

Generac Holdings Inc

< 0.1%

Globe Life Inc

< 0.1%

Hasbro, Inc.

< 0.1%

Henry Schein Inc.

< 0.1%

Hormel Foods Corp.

< 0.1%

Incyte Corp.

< 0.1%

Interpublic Group of Companies Inc

< 0.1%

Invesco Ltd

< 0.1%

J M Smucker Co

< 0.1%

Juniper Networks Inc

< 0.1%

LKQ Corp

< 0.1%

Lamb Weston Holdings Inc

< 0.1%

MGM Resorts International

< 0.1%

MarketAxess Holdings Inc.

< 0.1%

Match Group Inc.

< 0.1%

Molson Coors Beverage Company

< 0.1%

Mosaic

< 0.1%

Nordson Corp.

< 0.1%

Norwegian Cruise Line Holdings Ltd

< 0.1%

Paycom Software Inc

< 0.1%

Pinnacle West Capital Corp.

< 0.1%

Ralph Lauren Corp

< 0.1%

Regency Centers Corporation

< 0.1%

Solventum Corp

< 0.1%

Teleflex Incorporated

< 0.1%

Universal Health Services, Inc.

< 0.1%

Wynn Resorts Ltd.

< 0.1%

Amentum Holdings Inc

< 0.1%

Celanese Corp

< 0.1%

DaVita Inc

< 0.1%

FMC Corp.

< 0.1%

Franklin Resources, Inc.

< 0.1%

Huntington Ingalls Industries Inc

< 0.1%

Mohawk Industries, Inc.

< 0.1%

News Corp

< 0.1%

Paramount Global

< 0.1%

Quorvo

< 0.1%

Twenty‑First Century Fox

< 0.1%

Walgreens Boots Alliance Inc

< 0.1%

Others

< 0.1%

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ETFs have spreads and annual charges and come with risks like market volatility, liquidity, and concentration, and may not always accurately track their index. Past performance and forecasts are not reliable indicators of future results. The value of your investments, including any income, can rise or fall. You may get back less than you originally invested.