Global X S&P 500 Covered Call
American companies
(XYLP)
£13.36
Previous business day’s close price
+£3.36 (+29.09%)
max available period
£11.55
£14.91
13 Jul 23
17 Jan 25
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.
Key information
ETF Breakdown
Apple Inc
7.4%
NVIDIA Corp
6.8%
Microsoft Corporation
6.3%
Amazon.com Inc.
4.1%
Meta Platforms Inc
2.6%
Broadcom Inc
2.2%
Tesla Inc
2.1%
Alphabet Inc
1.8%
Berkshire Hathaway Inc.
1.7%
JPMorgan Chase & Co.
1.4%
Lilly
1.2%
Visa
1.1%
Exxon Mobil Corp.
0.9%
Unitedhealth Group Inc
0.9%
Mastercard Incorporated
0.9%
Costco Wholesale Corp
0.8%
Procter & Gamble Co.
0.8%
Home Depot, Inc.
0.8%
Walmart Inc
0.8%
NetFlix Inc
0.8%
Johnson & Johnson
0.7%
Abbvie Inc
0.6%
Salesforce Inc
0.6%
Bank Of America Corp.
0.6%
Oracle Corp.
0.5%
Merck & Co Inc
0.5%
Chevron USA Inc
0.5%
Coca‑Cola Co
0.5%
Cisco Systems, Inc.
0.5%
Wells Fargo & Co.
0.5%
Accenture plc
0.4%
ServiceNow Inc
0.4%
McDonald`s Corp
0.4%
International Business Machines Corp.
0.4%
PepsiCo Inc
0.4%
Abbott Laboratories
0.4%
Linde Plc
0.4%
Thermo Fisher
0.4%
Walt Disney
0.4%
Adobe Inc
0.4%
Advanced Micro Devices Inc.
0.4%
Intuitive Surgical Inc
0.4%
Philip Morris International Inc
0.4%
General Electric Co.
0.4%
Goldman Sachs Group, Inc.
0.4%
Caterpillar Inc.
0.3%
Intuit Inc
0.3%
Qualcomm, Inc.
0.3%
Texas Instruments Inc.
0.3%
Verizon Communications Inc
0.3%
AT&T, Inc.
0.3%
American Express Co.
0.3%
Booking Holdings Inc
0.3%
S&P Global Inc
0.3%
Morgan Stanley
0.3%
Palantir Technologies Inc
0.3%
Raytheon Technologies Corporation
0.3%
Blackrock Funding Incde Usd Npv
0.3%
Danaher Corp.
0.3%
Honeywell International Inc
0.3%
NextEra Energy Inc
0.3%
Pfizer Inc.
0.3%
Comcast Corp
0.3%
AMGEN Inc.
0.3%
Lowe’s Companies
0.3%
Progressive Corp.
0.3%
Union Pacific Corp.
0.3%
Applied Materials Inc.
0.3%
Citigroup Inc
0.3%
TJX Companies, Inc.
0.3%
Uber Technologies Inc
0.3%
Boeing Co.
0.3%
Boston Scientific Corp.
0.3%
Conoco Phillips
0.3%
Eaton Corporation plc
0.3%
Blackstone Group Inc
0.3%
Stryker Corp.
0.3%
Automatic Data Processing Inc.
0.2%
Fiserv, Inc.
0.2%
Palo Alto Networks Inc
0.2%
Arista Networks Inc
0.2%
Bristol‑Myers Squibb Co.
0.2%
Gilead Sciences, Inc.
0.2%
Charles Schwab Corp.
0.2%
T‑Mobile US Inc
0.2%
Analog Devices Inc.
0.2%
Chubb Limited
0.2%
Deere & Co.
0.2%
Marsh & McLennan Companies Inc
0.2%
Medtronic Plc
0.2%
Starbucks Corp.
0.2%
Vertex Pharmaceuticals, Inc.
0.2%
KKR & Co. Inc
0.2%
Lockheed Martin Corp.
0.2%
Ge Vernova When Issued
0.2%
Lam Research Corp
0.2%
Micron Technology Inc.
0.2%
Prologis Inc
0.2%
Altria Group Inc.
0.2%
Equinix Inc
0.2%
Intel Corp.
0.2%
Nike, Inc.
0.2%
Southern Company
0.2%
United Parcel Service, Inc.
0.2%
American Tower Corp.
0.2%
Amphenol Corp.
0.2%
CME Group Inc
0.2%
Duke Energy Corp.
0.2%
Elevance Health Inc
0.2%
Intercontinental Exchange Inc
0.2%
KLA Corp.
0.2%
PayPal Holdings Inc
0.2%
Trane Technologies plc
0.2%
Cadence Design Systems, Inc.
0.2%
Chipotle Mexican Grill
0.2%
Crowdstrike Holdings Inc
0.2%
Mondelez International Inc.
0.2%
Parker‑Hannifin Corp.
0.2%
Sherwin‑Williams Co.
0.2%
Aon
0.1%
Apollo Global Management Llc
0.1%
Cigna Group (The)
0.1%
Colgate‑Palmolive Co.
0.1%
Constellation Energy Corporation
0.1%
Moody`s Corp.
0.1%
Motorola Solutions Inc
0.1%
PNC Financial Services Group Inc
0.1%
Regeneron Pharmaceuticals, Inc.
0.1%
Synopsys, Inc.
0.1%
U.S. Bancorp.
0.1%
Waste Management, Inc.
0.1%
Welltower Inc
0.1%
Zoetis Inc
0.1%
3M Co.
0.1%
Arthur J. Gallagher & Co.
0.1%
Capital One Financial Corp.
0.1%
EOG Resources, Inc.
0.1%
Emerson Electric Co.
0.1%
General Dynamics Corp.
0.1%
Illinois Tool Works, Inc.
0.1%
Mckesson Corporation
0.1%
O`Reilly Automotive, Inc.
0.1%
TransDigm Inc
0.1%
Williams Companies
0.1%
Air Products and Chemicals
0.1%
Autodesk Inc.
0.1%
Becton, Dickinson And Co.
0.1%
CSX Corp.
0.1%
Cintas Corporation
0.1%
Marriott International, Inc.
0.1%
Northrop Grumman Corp.
0.1%
Target Corp
0.1%
Ecolab, Inc.
0.1%
Fedex Corp
0.1%
Fortinet Inc
0.1%
Hilton Worldwide Holdings Inc
0.1%
Oneok Inc.
0.1%
Truist Financial Corporation
0.1%
Airbnb Inc
0.1%
Autozone Inc.
0.1%
Bank Of New York Mellon Corp
0.1%
CVS Health Corp
0.1%
Carrier Global Corp
0.1%
Digital Realty Trust Inc
0.1%
Freeport‑McMoRan Inc
0.1%
General Motors Company
0.1%
HCA Healthcare Inc
0.1%
Johnson Controls
0.1%
Kinder Morgan Inc
0.1%
NXP Semiconductors NV
0.1%
Norfolk Southern Corp.
0.1%
Paccar Inc.
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%
Workday Inc
0.1%
Aflac Inc.
0.1%
AllState
0.1%
American Electric Power Company Inc.
0.1%
Ameriprise Financial Inc
0.1%
Copart, Inc.
0.1%
Cummins Inc.
0.1%
Fair, Isaac Corp.
0.1%
Metlife Inc
0.1%
Ross Stores, Inc.
0.1%
Vistra Energy Corp
0.1%
American International Group Inc
< 0.1%
Axon Enterprise Inc
< 0.1%
Discover Financial Services
< 0.1%
Dominion Energy Inc
< 0.1%
Edwards Lifesciences Corp
< 0.1%
Fidelity National Information Services, Inc.
< 0.1%
Howmet Aerospace Inc
< 0.1%
Kimberly‑Clark Corp.
< 0.1%
MSCI Inc
< 0.1%
Marathon Petroleum Corp
< 0.1%
Newmont Corp
< 0.1%
PG&E Corp.
< 0.1%
Paychex Inc.
< 0.1%
Phillips 66
< 0.1%
Public Service Enterprise Group Inc.
< 0.1%
Public Storage
< 0.1%
Quanta Services, Inc.
< 0.1%
Realty Income Corp.
< 0.1%
United Rentals, Inc.
< 0.1%
W W Grainger Inc
< 0.1%
Agilent Technologies Inc.
< 0.1%
Amerisource Bergen Corp.
< 0.1%
Ametek Inc
< 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%
D.R. Horton Inc.
< 0.1%
Delta Air Lines, Inc.
< 0.1%
Exelon Corp.
< 0.1%
Fastenal Co.
< 0.1%
Ford Motor Co.
< 0.1%
Hess Corp
< 0.1%
Kroger Co.
< 0.1%
Kvue
< 0.1%
L3Harris Technologies Inc
< 0.1%
Lululemon Athletica inc.
< 0.1%
Prudential Financial Inc.
< 0.1%
Republic Services, Inc.
< 0.1%
Targa Resources Corp
< 0.1%
Te Connectivity Plc
< 0.1%
Valero Energy Corp.
< 0.1%
Verisk Analytics Inc
< 0.1%
Xcel Energy, 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%
Electronic Arts, Inc.
< 0.1%
Gartner, Inc.
< 0.1%
Ge Healthcare Technologies Inc
< 0.1%
General Mills, Inc.
< 0.1%
IQVIA
< 0.1%
Idexx Laboratories, Inc.
< 0.1%
Ingersoll‑Rand Inc
< 0.1%
Keurig Dr Pepper Inc
< 0.1%
Monster Beverage Corp.
< 0.1%
Occidental Petroleum Corp.
< 0.1%
Old Dominion Freight Line, Inc.
< 0.1%
Otis Worldwide Corp
< 0.1%
Resmed Inc.
< 0.1%
Sysco Corp.
< 0.1%
Vulcan Materials Co
< 0.1%
Westinghouse Air Brake Technologies Corp
< 0.1%
Yum Brands 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%
DuPont de Nemours Inc
< 0.1%
EBay Inc.
< 0.1%
EQT Corp
< 0.1%
Edison International
< 0.1%
Entergy Corp.
< 0.1%
Equifax, Inc.
< 0.1%
Extra Space Storage Inc.
< 0.1%
Fifth Third Bancorp
< 0.1%
Garmin Ltd
< 0.1%
Global Payments, Inc.
< 0.1%
Godaddy Inc
< 0.1%
HP 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%
Lennar Corp.
< 0.1%
M&T Bank Corp
< 0.1%
Martin Marietta Materials, Inc.
< 0.1%
Microchip Technology, Inc.
< 0.1%
Monolithic Power System Inc
< 0.1%
Nasdaq Inc
< 0.1%
Raymond James Financial, Inc.
< 0.1%
Rockwell Automation 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%
Corpay Inc Usd 0.001
< 0.1%
DTE Energy Co.
< 0.1%
Dover Corp.
< 0.1%
Equity Residential
< 0.1%
Expedia Group Inc
< 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%
Nucor Corp.
< 0.1%
ON Semiconductor Corp.
< 0.1%
PPG Industries, Inc.
< 0.1%
PPL 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%
CMS Energy Corporation
< 0.1%
Cboe Global Markets Inc.
< 0.1%
Centerpoint Energy Inc.
< 0.1%
Cincinnati Financial Corp.
< 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%
Eversource Energy
< 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%
Leidos Holdings Inc
< 0.1%
Lennox International 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%
PTC Inc
< 0.1%
Packaging Corp Of America
< 0.1%
PulteGroup Inc
< 0.1%
Regions Financial Corp.
< 0.1%
SBA Communications Corp
< 0.1%
Seagate Technology Plc
< 0.1%
Snap‑on, Inc.
< 0.1%
Southwest Airlines Co
< 0.1%
Steris Plc
< 0.1%
Teledyne Technologies Inc
< 0.1%
Teradyne, Inc.
< 0.1%
Texas Pacific Land Trust
< 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 Ltd
< 0.1%
Avery Dennison Corp.
< 0.1%
Ball Corp.
< 0.1%
Baxter International Inc.
< 0.1%
Best Buy Co. Inc.
< 0.1%
Builders Firstsource Inc
< 0.1%
CF Industries Holdings Inc
< 0.1%
Carmax Inc
< 0.1%
