UYLD

Global X S&P 500 Covered Call Complex ETF

About this ETF

Holds the constituents of the S&P 500 Index and writes call options over the index, seeking to generate income above dividends through a covered call strategy.

IssuerGlobal X

Management fee (MER)0.60% p.a.

Inception date30 Jan 2023

BenchmarkCboe S&P 500 BuyWrite Index

Scout Score

40/100

Ranked #22 of 29 in US Shares

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost11

Diversification54

Tracking73

Liquidity16

Fund Strength23

Performance—

Income89

Strengths

Attractive yield — 10.44%, higher than 89% of US Shares peers.
Tight index tracking — 8.44% tracking error, tighter than 73% of US Shares peers.

Weaknesses

Higher fee — 0.60% p.a., more expensive than 89% of US Shares funds.
Lower liquidity — 0.57% bid/ask spread, wider than 84% of US Shares peers.
Small fund — $17M in assets, smaller than 77% of US Shares funds, which can mean wider spreads.

Performance (as of 5 Nov 2026)

Total returns, net of fees. Periods longer than 1 year are annualised.

1 Month-3.50%

3 Months-0.31%

YTD+1.71%

1 Year+2.53%

3 Years (p.a.)+8.54%

Price history

Cumulative return over the selected period, indexed to 0% at the start of the range.

Top holdings (as of 13 Aug 2026)

Global X discloses these as a ranked list only — individual weights per holding aren't published. Together, these top 20 holdings make up 49.73% of the fund.