Global X S&P 500 Covered Call ETF

Global X S&P 500 Covered Call ETF (XYLD) Company Profile & Overview

The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a hypothetical portfolio that employs a covered call strategy. A covered call strategy is generally considered to be an investment strategy in which an investor buys a security, and sells (or "writes") a call option on that security in an attempt to generate more income.