XYLG and ETV 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 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 & Growth ETF
5.5
Overall Score
Eaton Vance Tax-Managed Buy-Write Opportunities
5.5
Overall Score
| Criteria | XYLG | ETV |
|---|---|---|
| Overall Score | 5.5 5.5 | |
| Total Return (25%) | 7.5 5.8 | |
| Downside Protection (25%) | 0.2 3.5 | |
| Upside Participation (25%) | 9.1 8.2 | |
| Consistency (15%) | 4.8 5.0 | |
| Expense Ratio (5%) | 5.0 1.4 | |
| Liquidity (5%) | 6.3 5.0 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | XYLG | ETV |
|---|---|---|
| Expense Ratio | 0.600% | 0.890% |
| Inception Date | Oct 5, 2020 | Sep 30, 2005 |
| Issuer | Global X | Eaton Vance |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 5/5 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
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