Key stats
About Global X Funds Global X S&P 500 ESG Covered Call ETF
Expense ratio
0.60%
Home page
Inception date
Feb 22, 2023
XYLE pursues two investment objectives in one ticker, positive ESG and income generation. The fund tracks an index that starts by screening out components of S&P 500 Index based on three different types of ESG categories: business activities, non-compliance with United Nations Global Compact Compliance, and media/stakeholder controversies. Companies that do not have an S&P DJI ESG score and those that score in the bottom 25% of their industry group are also excluded. The remaining companies are then ranked by their ESG score within each industry group. Constituent selection targets the top 75% from each industry group. Ongoing eligibility to remain in the index is evaluated on a quarterly basis. The index also sells one-month, at-the-money call options in proportion to their weight against the funds reference index. The strategy aids in generating additional income via options premium but places a drag on the appreciation potential. The index is rebalanced annually in April.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.86%
Electronic Technology23.53%
Technology Services18.66%
Finance12.78%
Health Technology7.82%
Retail Trade5.32%
Producer Manufacturing4.35%
Consumer Non-Durables4.05%
Consumer Durables3.90%
Commercial Services3.86%
Consumer Services3.26%
Energy Minerals2.76%
Health Services1.97%
Process Industries1.87%
Transportation1.53%
Utilities1.31%
Industrial Services1.30%
Communications0.76%
Distribution Services0.48%
Non-Energy Minerals0.28%
Bonds, Cash & Other0.14%
Cash0.20%
Rights & Warrants−0.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history