Global X S&P 500 Covered Call & Growth ETF Price & Performance (XYLG)

Global X S&P 500 Covered Call & Growth ETF (XYLG) has announced a new dividend of $0.2182 per share, continuing its monthly distribution streak. The ETF, trading near $25.12, writes calls on half its portfolio, balancing income and growth. The ex-dividend date is set for April 17, 2025.123

Recent volatility in U.S. large-cap equities has enabled Global X’s covered call ETFs, including XYLD and QYLD, to secure higher call option premiums. Despite a brief market recovery late March, ongoing trade uncertainty and inflation concerns are expected to sustain elevated volatility, supporting the appeal of covered call strategies.45

XYLG currently faces a bearish technical setup, with moving averages and oscillators pointing to downward pressure. Despite a neutral RSI and some bullish MACD signs, the overall technical score suggests caution for near-term investors as the ETF may encounter continued weakness.62