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XYLG - ETF AI Analysis
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Global X S&P 500 Covered Call & Growth ETF (XYLG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia and Broadcom, have delivered strong year-to-date performance, supporting overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Financials, and Health Care, reducing reliance on any single industry.
Reasonable Expense Ratio
The fund's expense ratio of 0.35% is relatively low, making it cost-effective for investors.
Negative Factors
Heavy Technology Exposure
With over 36% of the portfolio in Technology, the ETF is highly sensitive to fluctuations in this sector.
Limited Geographic Exposure
The ETF is almost entirely focused on U.S. companies, offering little diversification across global markets.
Underperforming Holdings
Some key holdings, like Amazon and Apple, have shown weaker year-to-date performance compared to others in the portfolio.
XYLG vs. SPDR S&P 500 ETF (SPY)
AUM65.02M
RegionNorth America
Expense Ratio0.35%
Beta0.82
IssuerGlobal X
Inception DateSep 18, 2020
Dividend Yield13.79%
Asset ClassEquity
Index TrackedCboe S&P 500 Half BuyWrite Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume43,101
30 Day Avg. Volume33,318
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
32.52Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering503
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XYLG Summary
The Global X S&P 500 Covered Call & Growth ETF (XYLG) invests in the S&P 500 Index, which includes 500 of the largest U.S. companies like Microsoft and Nvidia. This ETF offers a mix of growth potential and income by holding stocks while also generating cash flow through covered call options. It’s a good choice for investors seeking exposure to major industries like technology and healthcare, along with steady income. However, since it tracks the stock market, its value can go up and down with market performance.
How much will it cost me?The Global X S&P 500 Covered Call & Growth ETF (XYLG) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an active strategy to generate income through covered calls, which requires more management compared to passive index funds.
What would affect this ETF?The XYLG ETF could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia, Microsoft, and Apple. However, it may face challenges if interest rates rise, potentially impacting the broader stock market, or if regulatory changes affect major tech firms. Additionally, economic slowdowns in the U.S., where the fund is focused, could negatively influence its performance.
XYLG Top 10 Holdings
The XYLG ETF leans heavily on U.S. large-cap tech giants, with Nvidia, Apple, and Microsoft leading the charge. Nvidia’s focus on AI and data centers has kept it steady, though recent momentum has cooled. Apple remains a reliable performer, buoyed by its services growth, while Microsoft’s cloud and AI segments show promise despite mixed signals. Alphabet’s strong gains in AI and advertising are a bright spot, while Amazon’s performance is more subdued. With tech dominating the portfolio, the fund’s fortunes are tied to this sector’s ups and downs, offering growth potential but limited diversification.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.75% | $4.95M | $4.53T | 35.23% | 76 Outperform | |
| Apple | 6.50% | $4.16M | $3.76T | 11.11% | 79 Outperform | |
| Microsoft | 5.79% | $3.70M | $3.42T | 7.18% | 79 Outperform | |
| Amazon | 3.95% | $2.52M | $2.56T | 5.83% | 71 Outperform | |
| Alphabet Class A | 3.30% | $2.11M | $3.98T | 68.37% | 85 Outperform | |
| Broadcom | 2.76% | $1.76M | $1.67T | 48.12% | 76 Outperform | |
| Alphabet Class C | 2.64% | $1.69M | $3.98T | 67.22% | 82 Outperform | |
| Meta Platforms | 2.30% | $1.47M | $1.56T | 1.22% | 76 Outperform | |
| Tesla | 2.10% | $1.34M | $1.46T | 2.58% | 73 Outperform | |
| Berkshire Hathaway B | 1.54% | $983.27K | $1.06T | 5.42% | 66 Neutral |
XYLG Technical Analysis
Positive
―
Price Trends
27.28
Positive
26.77
Positive
25.47
Positive
Market Momentum
0.15
Positive
60.04
Neutral
60.50
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XYLG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.66, equal to the 50-day MA of 27.28, and equal to the 200-day MA of 25.47, indicating a bullish trend. The MACD of 0.15 indicates Positive momentum. The RSI at 60.04 is Neutral, neither overbought nor oversold. The STOCH value of 60.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XYLG.
XYLG Peer Comparison
Comparison Results
Performance Comparison
XYLG
Global X S&P 500 Covered Call & Growth ETF
27.79
2.85
11.43%
BCUS
Bancreek U.S. Large Cap ETF
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ALTL
Pacer Lunt Large Cap Alternator ETF
―
―
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UPSD
Aptus Large Cap Upside ETF
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―
―
LVDS
JPMorgan Fundamental Data Science Large Value ETF
―
―
―
HUSV
First Trust Horizon Managed Volatility Domestic ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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