XYLG

📎 Investment Objective

The Global X S&P 500 Covered Call & Growth ETF (XYLG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Covered Call Index.

✨ Key Features

• Provides exposure to the large-cap U.S. equity market through the S&P 500 Index
• Generates additional income by writing covered call options on the underlying index
• Aims to provide a balance of capital appreciation and income generation
• Passively managed to track the Cboe S&P 500 Covered Call Index

⚠️ Primary Risks

• Market risk: The value of the fund's holdings may decline due to general market and economic conditions
• Covered call risk: The fund's covered call strategy may limit the upside potential of the underlying stocks
• Concentration risk: The fund's performance is closely tied to the performance of the S&P 500 Index
• Option risk: The use of options involves risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets

👤 Best For

This ETF may be suitable for investors seeking exposure to the large-cap U.S. equity market with the potential for additional income generation through a covered call strategy. It may be most appropriate for investors with a moderate risk tolerance and a medium-term investment horizon.