XYLD and BALI are both covered call ETFs tracking the same benchmark, but with different approaches. XYLD offers ~9.5% yield with a focus on income investor seeking s&p 500 exposure with simple and transparent strategy, while BALI provides ~8% yield targeting cost-conscious investor seeking passive s&p 500 covered call exposure. 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
Global X S&P 500 Covered Call ETF
5.3
Overall Score
iShares S&P 500 BuyWrite ETF
6.2
Overall Score
| Criteria | XYLD | BALI |
|---|---|---|
| Overall Score | 5.3 6.2 | |
| Total Return (25%) | 3.5 8.5 | |
| Downside Protection (25%) | 5.8 1.6 | |
| Upside Participation (25%) | 6.3 8.9 | |
| Consistency (15%) | 5.1 5.2 | |
| Expense Ratio (5%) | 5.0 9.4 | |
| Liquidity (5%) | 7.2 4.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLD | BALI |
|---|---|---|
| Expense Ratio | 0.600% | 0.250% |
| Inception Date | Jun 24, 2013 | Oct 18, 2022 |
| Issuer | Global X | BlackRock |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 3/5 stars |
Similar to QYLD but on a more defensive index — choice between the two depends on S&P 500 vs Nasdaq preference
Investor Profile:
Income investor seeking S&P 500 exposure with simple and transparent strategy
The cheapest S&P 500 covered call ETF — but 2-star maturity and very low downside protection are concerns
Investor Profile:
Cost-conscious investor seeking passive S&P 500 covered call exposure