XYLG and BALI are both covered call ETFs tracking the same benchmark, but with different approaches. XYLG offers ~5% yield with a focus on growth-oriented investor wanting modest income without sacrificing too much upside, 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 & Growth ETF
5.4
Overall Score
iShares S&P 500 BuyWrite ETF
6.2
Overall Score
| Criteria | XYLG | BALI |
|---|---|---|
| Overall Score | 5.4 6.2 | |
| Total Return (25%) | 7.3 8.5 | |
| Downside Protection (25%) | 0.2 1.6 | |
| Upside Participation (25%) | 9.0 8.9 | |
| Consistency (15%) | 4.8 5.2 | |
| Expense Ratio (5%) | 5.0 9.4 | |
| Liquidity (5%) | 6.3 4.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLG | BALI |
|---|---|---|
| Expense Ratio | 0.600% | 0.250% |
| Inception Date | Oct 5, 2020 | Oct 18, 2022 |
| Issuer | Global X | BlackRock |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 3/5 stars |
The bridge between pure equity and covered call — useful for investors not ready to fully commit to income strategy
Investor Profile:
Growth-oriented investor wanting modest income without sacrificing too much upside
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