XYLD Dividend Calculator

Calculate dividend income and growth projections for Global X S&P 500 Covered Call ETF (XYLD)

Current Yield 11.8%*
Expense Ratio 0.60%
Distribution Monthly
AUM $6.5B+

*Dividend yield is approximate and may vary. Please verify current rates before investing.

Investment Details

Enter your initial investment amount in XYLD
Monthly additional investment (optional)
How long do you plan to hold XYLD?

XYLD Parameters

XYLD's current dividend yield (approximately 11.8%)
Expected annual change in dividend yield (covered call funds often decline)
Expected annual appreciation (limited by covered call strategy)
Additional income from S&P 500 volatility premiums

Advanced Options

Automatically reinvest dividends to purchase more shares
Your effective tax rate (covered call income often taxed as ordinary income)

About XYLD

The Global X S&P 500 Covered Call ETF (XYLD) seeks to generate income through covered call writing on the S&P 500 Index while providing exposure to U.S. large-cap equities. The fund combines equity ownership with systematic option income generation.

  • Large-cap equity exposure with covered call income
  • Monthly distribution schedule
  • 0.60% expense ratio
  • High current income generation
  • Systematic options strategy

Key Investment Features

  • High Income: Generates high current income through covered calls
  • S&P 500 Exposure: Access to U.S. large-cap equity market
  • Monthly Distributions: Regular monthly income payments
  • Professional Management: Systematic covered call overlay
  • Volatility Benefits: Higher volatility can increase option premiums
  • Income Focus: Prioritizes current income over growth

Important Considerations

  • Limited upside potential due to covered call strategy
  • Higher tax rates on option income vs. qualified dividends
  • NAV erosion risk if distributions exceed net income
  • Performance depends on market volatility levels
  • May underperform in strong bull markets
  • Distribution rates may fluctuate with market conditions

Disclaimer: This calculator is for educational purposes only and does not constitute investment advice. Covered call strategies involve complex risks and tax implications. Option income may be taxed as ordinary income. Please consult with a financial advisor before making investment decisions.