You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Global X S&P 500 Covered Call ETF (XYLD)
- View XYLD Profile
- View Questions on XYLD

Q: I am wondering if investment in XYLD is a good idea in this market?
I am unfamiliar with the covered call concept - hoping that you might be able to explain it in layman’s terms.
If buying is acceptable in this market, when is it best to sell this type of investment?
Thank you for your expertise.

Read Answer Asked by Catherine Ann on September 26, 2022

Q: I understand that ~30% of ZWU dividend is ROC. Would you say this is the case across the board for all covered call ETFs? Am looking at XYLD with this spectacular dividend, and am tempted.
And GE- industrial sector, well diversified, (seemingly) well priced
What do you think?
Thanks Jerry

Read Answer Asked by jery on September 21, 2022

Global X S&P 500 Covered Call ETF (XYLD)
- View XYLD Profile
- View Questions on XYLD

Q: How do you determine what the total holdings are of this and other etf's above and beyond their top 10 holdings. Also is their an easy way to determine whether an etf's payout is partly return of capital. Thank you

Read Answer Asked by Ian on September 12, 2022

Q: Hi

I refer to the question from Ian concerning XYLD.

In our RRSP accounts EQL represents 17% of our holdings.

As retirement is fast approaching I am thinking of splitting our EQL holdings with XYLD, for the dividend.

Would this make sense?

Thank you for your time

Mike

Read Answer Asked by Mike on August 30, 2022

Global X S&P 500 Covered Call ETF (XYLD)
- View XYLD Profile
- View Questions on XYLD

Q: It often seems difficult to find the holdings of covered call etf's and whether their returns include return of capital. Do you have a solution and your opinion of xyld for long term hold. Thanks for you expertise.

Read Answer Asked by Ian on August 29, 2022

Q: is there a $CDN equivalent to XYLD?

Read Answer Asked by Tony on August 04, 2022

Q: Looking to add to my income portfolio and trying to decide between QYLD, RYLD, XYLD, HHL-U and Keg-un. Can you recommend which you would select for a patient 68 year old and your reasoning behind your choice please. Thanks again.

Read Answer Asked by Danny-boy on August 02, 2022

Q: Is there a dividend appreciation etf similar to VGG that has a covered call overlay and if so would you recommend in this market. Thanks for your expertise.

Read Answer Asked by Ian on July 28, 2022

Q: I have enjoyed the ride up in the markets over the last year but am now looking to shift a chunk of dollars out of what has been labeled the Cathie Woods stocks. And potentially give up some upside potential for income.

With that in mind I am looking for high dividends with consistent payouts.

Looking at these etfs as a GROUP would they meet this criterion? ie payouts remain relatively stable if the market dips as some are predicting right now.

A drop in share price could be tolerated but the prospect of a significant decrease in the monthly dividend would not.

I guess this is a risk reward kind of question.

THANKS for any guidance you can provide.

Read Answer Asked by Donald on August 31, 2021

Q: Further to my question regarding US financials and covered call etfs.
First thanks for your answer.
Both CALL and ZWK trade in CAD. Are there any USD denominated covered call etfs?
Or is there more merit in owning USA etfs in CAD?

Thanks.

Read Answer Asked by Donald on July 08, 2021

Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use