XYLD and ETV 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 ETV provides ~8% yield targeting income investor comfortable with cef structure seeking long track record. 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
Eaton Vance Tax-Managed Buy-Write Opportunities
5.5
Overall Score
| Criteria | XYLD | ETV |
|---|---|---|
| Overall Score | 5.3 5.5 | |
| Total Return (25%) | 3.6 5.8 | |
| Downside Protection (25%) | 5.8 3.5 | |
| Upside Participation (25%) | 6.4 8.2 | |
| Consistency (15%) | 5.1 5.0 | |
| Expense Ratio (5%) | 5.0 1.4 | |
| Liquidity (5%) | 7.2 5.0 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLD | ETV |
|---|---|---|
| Expense Ratio | 0.600% | 0.890% |
| Inception Date | Jun 24, 2013 | Sep 30, 2005 |
| Issuer | Global X | Eaton Vance |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 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
Historical value for stress-testing — but newer ETF alternatives offer better structure and lower fees
Investor Profile:
Income investor comfortable with CEF structure seeking long track record