XYLD and PBP 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 PBP provides ~7% yield targeting conservative investor valuing historical track record above all. 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
Invesco S&P 500 BuyWrite ETF
5.4
Overall Score
| Criteria | XYLD | PBP |
|---|---|---|
| Overall Score | 5.3 5.4 | |
| Total Return (25%) | 3.5 2.3 | |
| Downside Protection (25%) | 5.8 8.9 | |
| Upside Participation (25%) | 6.3 5.2 | |
| Consistency (15%) | 5.1 4.9 | |
| Expense Ratio (5%) | 5.0 6.4 | |
| Liquidity (5%) | 7.2 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLD | PBP |
|---|---|---|
| Expense Ratio | 0.600% | 0.490% |
| Inception Date | Jun 24, 2013 | Dec 20, 2007 |
| Issuer | Global X | Invesco |
| 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
The grandfather of covered call ETFs — its 2008 data is invaluable for stress testing
Investor Profile:
Conservative investor valuing historical track record above all