FTHI and XYLD are both covered call ETFs tracking the same benchmark, but with different approaches. FTHI offers a 8.97% yield, while XYLD provides a 10.41% yield. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
First Trust BuyWrite Income ETF
5.78
Overall Score
Global X S&P 500 Covered Call ETF
5.79
Overall Score
| Criteria | FTHI | XYLD |
|---|---|---|
| Overall Score | 5.78 5.79 | |
| Total Return (25%) | 3.80 3.79 | |
| Downside Protection (25%) | 5.38 5.90 | |
| Upside Participation (25%) | 6.54 6.45 | |
| Consistency (15%) | 9.93 7.61 | |
| Expense Ratio (5%) | 1.88 5.00 | |
| Liquidity (5%) | 5.27 7.23 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | FTHI | XYLD |
|---|---|---|
| Expense Ratio | 0.750% | 0.600% |
| Inception Date | Jan 6, 2014 | Jun 24, 2013 |
| Issuer | First Trust | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 stars |
A 9.0% yield with a 69% overwrite, but the worst drawdown (-23.6%) was nearly identical to SPY's (-23.9%).
Investor Profile:
FTHI holds about 192 U.S.-listed equities of all sizes and writes covered calls on the S&P 500 Index. The overwrite averages 69% of NAV, with calls about 0.6% out of the money and 26 days to expiry on average. First Trust Advisors manages it and the fund pays monthly.
Cut volatility to 9.0% (SPY 15.7%), but its worst drawdown (-23.4%) was only 0.5 points better than SPY's.
Investor Profile:
XYLD tracks the Cboe S&P 500 BuyWrite Index. It holds the S&P 500 stocks, 507 positions, and sells one-month at-the-money call options on the whole portfolio. The rules are mechanical and it pays monthly. PBP tracks the same index.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.