Global X S&P 500 Covered Call & Growth ETF (XYLG) Performance
XYLG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.6% since Dec 31, 2025
- 1 year
- +15.1% total return
- 5 years
- +9.9% a year
- Since first price
- +13.3% a year since 2020
XYLG trailing returns vs SPY, QQQ, AGG
| Period | XYLG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.5% | −0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.6% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.4% | +5.8% | +7.8% | +8.4% | −1.5% |
| YTD | +11.6% | +6.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.1% | +1.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +67.8%+18.8%/yr | +12.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +60.2%+9.9%/yr | −7.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 21, 2020 | +113.7%+13.3%/yr | +17.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XYLG vs SPY
From Sep 21, 2020: XYLG grew to $21,367, SPY to $25,201.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XYLG returns by calendar year
4 of 5 full years positive. Best 2021 (+23.8%), worst 2022 (−15.5%). 2026 is year to date.
XYLG annual returns table
| Year | XYLG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.6% | −6.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.9% | −17.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +22.3% | −7.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.2% | −8.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.5% | −21.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +23.8% | −4.0% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XYLG largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 29, 2021 | −21.3% | Sep 30, 2022 | Jan 11, 2024 | 9 months | 2.0 years |
| Feb 19, 2025 | −17.4% | Apr 8, 2025 | Jul 24, 2025 | 48 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XYLG risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +18.4% | +11.0% | +13.1% |
| Volatility (annualized) | 8.9% | 12.0% | 12.0% |
| Sharpe ratio | 1.47 | 0.63 | 0.84 |
| Sortino ratio | 2.69 | 0.96 | 1.35 |
| Best month | +7.3% | +7.3% | +10.0% |
| Worst month | −5.2% | −8.2% | −8.2% |
| Best 12 months | +28.1% | +28.1% | +35.4% |
| Worst 12 months | +8.3% | −15.5% | −15.5% |
| Positive months | 72% | 63% | 65% |
| Beta vs S&P 500 | 0.69 | 0.75 | — |
| Correlation with S&P 500 | 0.97 | 0.98 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XYLG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 62 | −15.5% | +14.0% | +35.4% | 84% |
| 3-year (a year) | 38 | +6.0% | +9.4% | +19.0% | 100% |
| 5-year (a year) | 14 | +9.4% | +10.9% | +13.6% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
XYLG performance overview
Global X S&P 500 Covered Call & Growth ETF (XYLG) returned +15.1% over the past year and +9.9% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +13.3% a year, turning $10,000 into about $21,367. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.3%, from Dec 29, 2021 to Sep 30, 2022, and it took 1.3 years to get back to the old high. XYLG finished 4 of its 5 full calendar years with a gain; the best year was 2021 (+23.8%) and the worst 2022 (−15.5%). Volatility has been 12.0% a year.
Related: XYLG chart, XYLG holdings, XYLG dividends, XYLG valuation. See the XYLG overview for the latest quote and fund facts.
XYLG performance FAQ
What is the XYLG return over the past year?
XYLG returned +15.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.1%.
What is the average annual return of XYLG?
XYLG has returned +9.9% a year over 5 years, +13.3% a year since September 21, 2020 (total return, distributions reinvested).
How much would $10,000 invested in XYLG be worth?
$10,000 invested in XYLG at its first recorded close on September 21, 2020 would be worth about $21,367 on October 23, 2026 with distributions reinvested.
What was the worst year for XYLG?
The worst calendar year was 2022, with a total return of −15.5%. The best was 2021 at +23.8%.
What is the biggest drawdown of XYLG?
The largest peak-to-trough decline was −21.3% between December 29, 2021 and September 30, 2022. It recovered to the old high on January 11, 2024, 1.3 years after the bottom.
How volatile is XYLG?
Over the past 3 years XYLG had an annualized volatility of 8.9% and a Sharpe ratio of 1.47 (excess return over 1–3 month T-bills per unit of risk).