XYLD and PUTW 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 PUTW provides ~8% yield targeting sophisticated investor seeking income via put writing strategy. 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
WisdomTree PutWrite Strategy Fund
5.5
Overall Score
| Criteria | XYLD | PUTW |
|---|---|---|
| Overall Score | 5.3 5.5 | |
| Total Return (25%) | 3.5 3.7 | |
| Downside Protection (25%) | 5.8 6.9 | |
| Upside Participation (25%) | 6.3 6.0 | |
| Consistency (15%) | 5.1 5.0 | |
| Expense Ratio (5%) | 5.0 7.0 | |
| Liquidity (5%) | 7.2 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLD | PUTW |
|---|---|---|
| Expense Ratio | 0.600% | 0.440% |
| Inception Date | Jun 24, 2013 | Feb 24, 2016 |
| Issuer | Global X | WisdomTree |
| 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
Interesting alternative to traditional covered calls — similar economics, different mechanics
Investor Profile:
Sophisticated investor seeking income via put writing strategy