Global X S&P 500 Covered Call & Growth ETF (XYLG) Valuation

NYSE Arca: XYLGP/E, earnings yield and other ratios of the holdings combined.

XYLG valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 25.7
Forward P/E: 19.7
Price / sales: 3.62
Price / book: 5.41
EV / EBITDA: 17.1
Earnings yield: 3.89%
Dividend yield: 1.09%
Return on equity: 21.0%
Net margin: 14.1%
Beta: 1.16

XYLG valuation vs other stock ETFs

P/E (TTM)Forward P/E

XYLG valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
XYLG	25.7	19.7	3.62	5.41	1.09%	21.0%	14.1%	1.9%
SPY	25.9	19.9	3.67	5.47	1.08%	21.1%	14.2%	1.9%
QQQ	34.2	23.4	5.93	9.27	0.58%	27.1%	17.4%	6.9%
DIA	20.9	18.4	3.16	5.52	1.55%	26.4%	15.1%	0.0%
VTI	28.2	19.4	3.31	5.00	1.07%	17.7%	11.8%	4.6%
IWM	n/m	13.9	1.25	2.03	1.38%	−1.7%	−1.0%	28.1%

Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.

XYLG valuation by sector

P/E (TTM)Forward P/E

XYLG valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	38.9%	32.1	23.1	9.23	12.46	0.56%	38.8%
Financial Services	11.6%	15.9	14.6	3.46	2.36	1.50%	14.8%
Healthcare	9.8%	38.1	17.4	1.71	5.24	1.51%	13.8%
Communication Services	9.6%	18.1	18.8	4.91	5.01	0.69%	27.6%
Consumer Cyclical	9.4%	26.6	22.9	2.67	6.29	0.72%	23.6%
Industrials	6.9%	28.1	21.7	2.73	6.28	1.21%	22.3%
Consumer Defensive	4.8%	28.9	21.4	1.72	6.86	2.37%	23.8%
Energy	3.7%	19.7	12.8	1.87	2.52	2.29%	12.8%
Utilities	2.0%	19.1	15.4	2.72	2.07	3.02%	10.9%
Real Estate	1.7%	34.7	31.9	6.19	3.13	3.36%	9.0%
Basic Materials	1.6%	30.7	16.8	2.85	3.73	1.38%	12.1%

XYLG earnings yield vs bond yields

XYLG earnings yield (forward)

5.07%

XYLG earnings yield (trailing)

3.89%

XYLG dividend yield

1.09%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.

How XYLG weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

XYLG largest holdings: valuation

XYLG largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
NVDA	NVIDIA Corporation	8.29%	27.1	24.9	17.1	0.47%	7.90%
AAPL	Apple Inc.	7.12%	39.4	35.2	10.7	0.31%	4.66%
MSFT	Microsoft Corporation	6.12%	29.5	25.1	11.8	0.74%	5.36%
AMZN	Amazon.com, Inc.	4.09%	20.1	23.6	3.5	—	5.24%
GOOGL	Alphabet Inc.	2.94%	17.1	22.8	9.3	0.26%	4.43%
GOOG	Alphabet Inc.	2.52%	16.9	21.8	9.2	0.26%	3.84%
AVGO	Broadcom Inc.	2.40%	43.3	19.4	17.6	0.79%	1.43%
META	Meta Platforms, Inc.	2.30%	26.7	22.1	7.9	0.30%	2.22%
TSLA	Tesla, Inc.	1.53%	328.4	158.7	13.5	—	0.12%
LLY	Eli Lilly and Company	1.50%	42.2	24.4	14.1	0.55%	0.92%
MU	Micron Technology, Inc.	1.50%	11.8	7.0	7.5	0.07%	3.27%
BRK.B	Berkshire Hathaway Inc.	1.48%	13.4	22.7	3.0	—	2.84%
AMD	Advanced Micro Devices, Inc.	1.37%	134.9	39.5	20.9	—	0.26%
JPM	JPMorgan Chase & Co.	1.33%	14.2	13.5	4.7	1.94%	2.41%
XOM	Exxon Mobil Corporation	1.12%	23.0	14.8	2.0	2.30%	1.25%
V	Visa Inc.	1.04%	34.3	24.0	17.0	0.67%	0.79%
JNJ	Johnson & Johnson	0.98%	38.8	21.0	6.2	2.10%	0.65%
WMT	Walmart Inc.	0.80%	43.0	38.0	1.3	0.83%	0.48%
ABBV	AbbVie Inc.	0.76%	80.6	16.4	7.8	2.42%	0.24%
MA	Mastercard Incorporated	0.74%	34.0	24.2	15.4	0.56%	0.56%
PLTR	Palantir Technologies Inc.	0.67%	160.4	85.5	72.6	—	0.11%
INTC	Intel Corporation	0.66%	—	63.3	8.3	—	−0.40%
CVX	Chevron Corporation	0.66%	21.2	15.2	2.1	3.16%	0.80%
CSCO	Cisco Systems, Inc.	0.66%	32.2	19.8	6.7	1.56%	0.52%
COST	Costco Wholesale Corporation	0.64%	47.6	40.3	1.4	0.59%	0.35%

Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.

About XYLG valuation

Adding up its 497 holdings with company data, XYLG trades at 25.7 times trailing earnings and 19.7 times analysts' forward estimates, with a price-to-book ratio of 5.41 and a dividend yield of 1.09%. Its earnings yield of 3.89% is 1.44 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 38.8% of the fund and earn 36.1% of its combined profit. By sector, Healthcare is the most expensive at 38.1 times earnings and Financial Services the cheapest at 15.9. Companies that lost money over the past year are 1.9% of the covered weight.

How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

XYLG valuation FAQ

What is the P/E ratio of XYLG?

Based on its holdings, XYLG has a trailing P/E of 25.7 and a forward P/E of 19.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of XYLG?

The trailing earnings yield is 3.89% (1 ÷ P/E) and the forward earnings yield 5.07%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is XYLG more expensive than the S&P 500?

XYLG trades at 25.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.7 and 19.9.

What is the price-to-book ratio of XYLG?

The holdings of XYLG trade at 5.41 times book value, with a combined return on equity of 21.0%.

Which sector in XYLG has the highest P/E?

Healthcare has the highest P/E at 38.1 and Financial Services the lowest at 15.9.