XYLG


S&P 500 Covered Call & Growth ETF

Reasons to Consider XYLG

High Income Potential

XYLG seeks to generate income by writing covered calls on the underlying index.

Upside Potential

By writing calls on 50% of the portfolio, the strategy allows investors to capture half the upside potential of the underlying index.

Monthly Distributions

XYLG makes distributions on a monthly basis.

Key Information As of 06/05/23

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $58.01 million
NAV $27.23
Fact Sheet

ETF Summary

The Global X S&P 500 Covered Call & Growth ETF (XYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the S&P 500 Index and “writes” or “sells” corresponding call options on approximately 50% of the value of the portfolio of stocks in the same index.

ETF Objective

The Global X S&P 500 Covered Call & Growth ETF (XYLG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Half BuyWrite Index.

Trading Details As of 06/02/23

Ticker XYLG
Bloomberg Index Ticker BXMH
CUSIP 37954Y277
ISIN US37954Y2770
Primary Exchange NYSE Arca
Shares Outstanding 2,130,000
Number of Holdings 505
30-Day Median Bid-Ask Spread 0.45%

Distributions As of 06/05/23

30-Day SEC Yield 1.05%
12-Month Trailing Yield 5.63%
Distribution Yield 4.02%
Distribution Frequency Monthly

ETF Prices As of 06/05/23

NAV $27.23 Daily Change -$0.03 -0.11%
Market Price $27.23 Daily Change -$0.08 -0.29%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -7.80% -8.15% -7.13%
Since Inception 8.78% 8.71% 9.64%
1 Year 2.65% 2.47% 3.45%
Since Inception 8.99% 9.02% 9.85%
Year-to-Date 6.54% 6.51% 6.75%
1 Month 2.71% 2.48% 2.79%
3 Months 6.54% 6.51% 6.75%
Since Inception 23.75% 23.55% 26.24%
Year-to-Date 8.61% 8.82% 8.95%
1 Month 0.64% 0.67% 0.69%
3 Months 4.71% 4.70% 4.90%
Since Inception 26.15% 26.24% 28.85%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 05/03/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$27,271,661 4120 100.30% 05/19/2023 16
Short S&P 500 Mini Call Option -$661,131 412 100.30% 05/19/2023 16

Top Holdings As of 06/05/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.54 AAPL APPLE INC 2046251 179.58 24,340 4,370,977.20
7.05 MSFT MICROSOFT CORP 2588173 335.94 12,180 4,091,749.20
3.15 AMZN AMAZON.COM INC 2000019 125.30 14,567 1,825,245.10
2.71 NVDA NVIDIA CORP 2379504 391.71 4,015 1,572,715.65
2.11 GOOGL ALPHABET INC-CL A BYVY8G0 126.01 9,719 1,224,691.19
1.85 GOOG ALPHABET INC-CL C BYY88Y7 126.63 8,467 1,072,176.21
1.70 META META PLATFORMS INC B7TL820 271.39 3,626 984,060.14
1.66 BRK/B BERKSHIRE HATH-B 2073390 328.58 2,938 965,368.04
1.66 TSLA TESLA INC B616C79 217.61 4,422 962,271.42
1.31 UNH UNITEDHEALTH GROUP INC 2917766 498.19 1,520 757,248.80
1.23 XOM EXXON MOBIL CORP 2326618 105.29 6,773 713,129.17
1.17 JNJ JOHNSON & JOHNSON 2475833 158.32 4,299 680,617.68
1.16 JPM JPMORGAN CHASE & CO 2190385 139.09 4,821 670,552.89
1.04 V VISA INC-CLASS A SHARES B2PZN04 226.77 2,669 605,249.13
0.99 LLY ELI LILLY & CO 2516152 444.26 1,295 575,316.70
0.98 PG PROCTER & GAMBLE CO/THE 2704407 145.94 3,878 565,955.32
0.95 AVGO BROADCOM INC BDZ78H9 802.30 686 550,377.80
0.88 MA MASTERCARD INC - A B121557 370.52 1,380 511,317.60
0.85 HD HOME DEPOT INC 2434209 293.10 1,673 490,356.30
0.81 MRK MERCK & CO. INC. 2778844 113.11 4,161 470,650.71
0.78 CVX CHEVRON CORP 2838555 155.51 2,920 454,089.20
0.72 PEP PEPSICO INC 2681511 184.19 2,258 415,901.02
0.69 ABBV ABBVIE INC B92SR70 136.86 2,902 397,167.72
0.67 KO COCA-COLA CO/THE 2206657 60.75 6,385 387,888.75
0.65 COST COSTCO WHOLESALE CORP 2701271 518.25 729 377,804.25
0.61 PFE PFIZER INC 2684703 38.65 9,203 355,695.95
0.60 MCD MCDONALD'S CORP 2550707 288.43 1,199 345,827.57
0.59 WMT WALMART INC 2936921 149.80 2,298 344,240.40
0.59 CRM SALESFORCE INC 2310525 209.86 1,637 343,540.82
0.58 CSCO CISCO SYSTEMS INC 2198163 50.21 6,727 337,762.67
0.58 TMO THERMO FISHER 2886907 518.58 643 333,446.94
0.56 BAC BANK OF AMERICA CORP 2295677 28.54 11,436 326,383.44
0.56 ADBE ADOBE INC 2008154 434.18 748 324,766.64
0.54 ACN ACCENTURE PLC-CL A B4BNMY3 304.45 1,030 313,583.50
0.54 AMD ADVANCED MICRO DEVICES 2007849 117.93 2,635 310,745.55
0.51 ABT ABBOTT LABORATORIES 2002305 103.76 2,857 296,442.32
0.51 NFLX NETFLIX INC 2857817 403.54 729 294,180.66
0.50 LIN LINDE PLC BNZHB81 362.81 806 292,424.86
0.47 CMCSA COMCAST CORP-CLASS A 2044545 39.79 6,873 273,476.67
0.47 DIS WALT DISNEY CO/THE 2270726 91.00 2,991 272,181.00
0.46 ORCL ORACLE CORP 2661568 106.93 2,511 268,501.23
0.44 TXN TEXAS INSTRUMENTS INC 2885409 170.26 1,482 252,325.32
0.44 WFC WELLS FARGO & CO 2649100 40.45 6,231 252,043.95
0.43 DHR DANAHER CORP 2250870 233.12 1,072 249,904.64
0.41 NEE NEXTERA ENERGY INC 2328915 73.59 3,250 239,167.50
0.41 VZ VERIZON COMMUNIC 2090571 34.46 6,861 236,430.06
0.40 BMY BRISTOL-MYERS SQUIBB CO 2126335 65.98 3,476 229,346.48
0.40 RTX RAYTHEON TECHNOL BM5M5Y3 95.75 2,395 229,321.25
0.39 PM PHILIP MORRIS IN B2PKRQ3 90.05 2,533 228,096.65
0.37 HON HONEYWELL INTL 2020459 197.18 1,091 215,123.38
0.37 NKE NIKE INC -CL B 2640147 105.20 2,035 214,082.00
0.35 COP CONOCOPHILLIPS 2685717 102.07 1,998 203,935.86
0.35 LOW LOWE'S COS INC 2536763 206.78 986 203,885.08
0.35 INTU INTUIT INC 2459020 442.84 459 203,263.56
0.35 SPGI S&P GLOBAL INC BYV2325 378.10 535 202,283.50
0.35 INTC INTEL CORP 2463247 29.86 6,749 201,525.14
0.35 QCOM QUALCOMM INC 2714923 112.73 1,781 200,772.13
0.35 UPS UNITED PARCEL-B 2517382 167.85 1,191 199,909.35
0.34 UNP UNION PACIFIC CORP 2914734 198.73 997 198,133.81
0.34 IBM IBM 2005973 132.64 1,473 195,378.72
0.33 AMGN AMGEN INC 2023607 221.88 872 193,479.36
0.33 BA BOEING CO/THE 2108601 208.78 917 191,451.26
0.33 ELV ELEVANCE HEALTH INC BSPHGL4 480.43 397 190,730.71
0.32 PLD PROLOGIS INC B44WZD7 124.63 1,505 187,568.15
0.32 SBUX STARBUCKS CORP 2842255 99.93 1,874 187,268.82
0.32 GE GENERAL ELECTRIC CO BL59CR9 104.10 1,775 184,777.50
0.32 CAT CATERPILLAR INC 2180201 222.47 829 184,427.63
0.32 NOW SERVICENOW INC B80NXX8 556.71 329 183,157.59
0.32 AMAT APPLIED MATERIALS INC 2046552 133.73 1,365 182,541.45
0.31 MDT MEDTRONIC PLC BTN1Y11 83.73 2,168 181,526.64
0.31 GS GOLDMAN SACHS GROUP INC 2407966 321.81 564 181,500.84
0.31 ISRG INTUITIVE SURGICAL INC 2871301 317.49 569 180,651.81
0.31 T AT&T INC 2831811 15.39 11,632 179,016.48
0.31 MS MORGAN STANLEY 2262314 83.74 2,130 178,366.20
0.29 LMT LOCKHEED MARTIN CORP 2522096 454.69 369 167,780.61
0.29 AXP AMERICAN EXPRESS CO 2026082 167.43 992 166,090.56
0.28 BKNG BOOKING HOLDINGS INC BDRXDB4 2,670.76 61 162,916.36
0.28 GILD GILEAD SCIENCES INC 2369174 77.72 2,077 161,424.44
0.28 MDLZ MONDELEZ INTER-A B8CKK03 74.29 2,166 160,912.14
0.28 BLK BLACKROCK INC 2494504 676.49 237 160,328.13
0.27 DE DEERE & CO 2261203 363.65 429 156,005.85
0.27 SYK STRYKER CORP 2853688 277.96 560 155,657.60
0.26 C CITIGROUP INC 2297907 46.24 3,203 148,106.72
0.25 CVS CVS HEALTH CORP 2577609 70.74 2,086 147,563.64
0.25 AMT AMERICAN TOWER CORP B7FBFL2 188.64 773 145,818.72
0.25 TJX TJX COMPANIES INC 2989301 78.86 1,830 144,313.80
0.25 ADI ANALOG DEVICES INC 2032067 174.98 824 144,183.52
0.25 VRTX VERTEX PHARM 2931034 334.42 425 142,128.50
0.24 ADP AUTOMATIC DATA PROCESSING 2065308 216.24 655 141,637.20
0.24 MMC MARSH & MCLENNAN COS 2567741 177.16 784 138,893.44
0.24 SCHW SCHWAB (CHARLES) CORP 2779397 54.41 2,527 137,494.07
0.23 MO ALTRIA GROUP INC 2692632 44.64 2,979 132,982.56
0.23 REGN REGENERON PHARMACEUTICALS 2730190 750.27 174 130,546.98
0.22 CI THE CIGNA GROUP BHJ0775 261.51 495 129,447.45
0.22 ZTS ZOETIS INC B95WG16 171.12 755 129,195.60
0.22 LRCX LAM RESEARCH CORP 2502247 605.61 212 128,389.32
0.22 TMUS T-MOBILE US INC B94Q9V0 132.22 960 126,931.20
0.22 SO SOUTHERN CO/THE 2829601 69.69 1,804 125,720.76
0.22 CB CHUBB LTD B3BQMF6 191.32 654 125,123.28
0.22 PGR PROGRESSIVE CORP 2705024 129.03 966 124,642.98
0.21 BSX BOSTON SCIENTIFIC CORP 2113434 51.40 2,358 121,201.20
0.21 ETN EATON CORP PLC B8KQN82 183.59 653 119,884.27
0.21 BDX BECTON DICKINSON AND CO 2087807 253.99 471 119,629.29
0.21 FISV FISERV INC 2342034 112.23 1,058 118,739.34
0.20 PYPL PAYPAL HOLDINGS INC BYW36M8 64.51 1,834 118,311.34
0.20 EQIX EQUINIX INC BVLZX12 753.08 155 116,727.40
0.20 MU MICRON TECHNOLOGY INC 2588184 67.77 1,712 116,022.24
0.20 DUK DUKE ENERGY CORP B7VD3F2 90.16 1,274 114,863.84
0.19 CME CME GROUP INC 2965839 186.27 604 112,507.08
0.19 SNPS SYNOPSYS INC 2867719 450.16 249 112,089.84
0.19 CSX CSX CORP 2160753 32.13 3,397 109,145.61
0.19 EOG EOG RESOURCES INC 2318024 111.65 972 108,523.80
0.19 SLB SCHLUMBERGER LTD 2779201 45.97 2,339 107,523.83
0.19 AON AON PLC-CLASS A BLP1HW5 312.37 344 107,455.28
0.19 NOC NORTHROP GRUMMAN CORP 2648806 445.55 241 107,377.55
0.19 CDNS CADENCE DESIGN SYS INC 2302232 232.33 461 107,104.13
0.18 HUM HUMANA INC 2445063 523.94 201 105,311.94
0.18 WM WASTE MANAGEMENT INC 2937667 164.74 625 102,962.50
0.18 APD AIR PRODS & CHEM 2011602 279.78 368 102,959.04
0.18 ITW ILLINOIS TOOL WORKS 2457552 225.60 456 102,873.60
0.17 ICE INTERCONTINENTAL BFSSDS9 108.32 934 101,170.88
0.17 CL COLGATE-PALMOLIVE CO 2209106 76.25 1,304 99,430.00
0.17 KLAC KLA CORP 2480138 458.05 215 98,480.75
0.17 TGT TARGET CORP 2259101 130.60 744 97,166.40
0.17 ATVI ACTIVISION BLIZZARD INC 2575818 80.84 1,194 96,522.96
0.17 HCA HCA HEALTHCARE INC B4MGBG6 272.23 352 95,824.96
0.16 CASH 1.00 95,176 95,176.48
0.15 MMM 3M CO 2595708 97.98 912 89,357.76
0.15 EW EDWARDS LIFESCIENCES CORP 2567116 85.94 1,031 88,604.14
0.15 SHW SHERWIN-WILLIAMS CO/THE 2804211 239.73 365 87,501.45
0.15 CMG CHIPOTLE MEXICAN B0X7DZ3 2,074.38 42 87,123.96
0.15 MCK MCKESSON CORP 2378534 395.31 220 86,968.20
0.15 FCX FREEPORT-MCMORAN INC 2352118 37.04 2,346 86,895.84
0.15 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 902.11 95 85,700.45
0.15 MCO MOODY'S CORP 2252058 328.80 257 84,501.60
0.14 PNC PNC FINANCIAL SE 2692665 123.28 668 82,351.04
0.14 F FORD MOTOR CO 2615468 12.59 6,537 82,300.83
0.14 FDX FEDEX CORP 2142784 221.08 372 82,241.76
0.14 CCI Crown Castle Inc BTGQCX1 112.80 724 81,667.20
0.14 PXD PIONEER NATURAL 2690830 202.85 401 81,342.85
0.14 MPC MARATHON PETROLEUM CORP B3K3L40 108.69 725 78,800.25
0.14 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 283.25 278 78,743.50
0.14 KMB KIMBERLY-CLARK CORP 2491839 136.62 572 78,146.64
0.14 NSC NORFOLK SOUTHERN CORP 2641894 214.35 364 78,023.40
0.13 GIS GENERAL MILLS INC 2367026 85.24 910 77,568.40
0.13 DXCM DEXCOM INC B0796X4 124.66 619 77,164.54
0.13 ROP ROPER TECHNOLOGIES INC 2749602 454.89 169 76,876.41
0.13 APH AMPHENOL CORP-CL A 2145084 76.70 999 76,623.30
0.13 FTNT FORTINET INC B5B2106 71.27 1,071 76,330.17
0.13 NXPI NXP SEMICONDUCTORS NV B505PN7 176.56 432 76,273.92
0.13 GM GENERAL MOTORS CO B665KZ5 34.13 2,231 76,144.03
0.13 MNST MONSTER BEVERAGE CORP BZ07BW4 59.26 1,278 75,734.28
0.13 EMR EMERSON ELECTRIC CO 2313405 82.19 917 75,368.23
0.13 GD GENERAL DYNAMICS CORP 2365161 209.25 360 75,330.00
0.13 SRE SEMPRA ENERGY 2138158 145.01 516 74,825.16
0.13 PSA PUBLIC STORAGE 2852533 283.15 263 74,468.45
0.13 OXY OCCIDENTAL PETROLEUM CORP 2655408 59.40 1,240 73,656.00
0.13 MAR MARRIOTT INTL-A 2210614 177.22 412 73,014.64
0.13 USB US BANCORP 2736035 31.22 2,331 72,773.82
0.12 PH PARKER HANNIFIN CORP 2671501 337.38 213 71,861.94
0.12 AEP AMERICAN ELECTRIC POWER 2026242 84.00 855 71,820.00
0.12 AJG ARTHUR J GALLAGHER & CO 2359506 206.27 348 71,781.96
0.12 PSX PHILLIPS 66 B78C4Y8 96.02 745 71,534.90
0.12 ADSK AUTODESK INC 2065159 208.43 343 71,491.49
0.12 EL ESTEE LAUDER 2320524 181.09 392 70,987.28
0.12 JCI JOHNSON CONTROLS BY7QL61 61.79 1,146 70,811.34
0.12 D DOMINION ENERGY INC 2542049 50.50 1,402 70,801.00
0.12 MRNA MODERNA INC BGSXTS3 128.90 547 70,508.30
0.12 AZO AUTOZONE INC 2065955 2,339.95 30 70,198.50
0.12 BIIB BIOGEN INC 2455965 302.13 232 70,094.16
0.12 CTAS CINTAS CORP 2197137 484.25 144 69,732.00
0.12 VLO VALERO ENERGY CORP 2041364 107.39 647 69,481.33
0.12 TFC TRUIST FINANCIAL CORP BKP7287 31.74 2,178 69,129.72
0.12 ANET ARISTA NETWORKS INC BN33VM5 162.63 423 68,792.49
0.12 AIG AMERICAN INTERNA 2027342 54.23 1,258 68,221.34
0.12 TT TRANE TECHNOLOGIES PLC BK9ZQ96 172.41 391 67,412.31
0.12 MCHP MICROCHIP TECHNOLOGY INC 2592174 75.27 895 67,366.65
0.12 CTVA CORTEVA INC BK73B42 56.20 1,198 67,327.60
0.11 ECL ECOLAB INC 2304227 173.40 378 65,545.20
0.11 IDXX IDEXX LABORATORIES INC 2459202 465.28 139 64,673.92
0.11 ADM ARCHER-DANIELS-MIDLAND CO 2047317 71.27 907 64,641.89
0.11 MSCI MSCI INC B2972D2 480.81 134 64,428.54
0.11 TRV TRAVELERS COS INC/THE 2769503 174.37 368 64,168.16
0.11 PCAR PACCAR INC 2665861 73.33 870 63,797.10
0.11 STZ CONSTELLATION-A 2170473 244.17 261 63,728.37
0.11 EXC EXELON CORP 2670519 39.98 1,585 63,368.30
0.11 O REALTY INCOME CORP 2724193 59.99 1,054 63,229.46
0.11 CNC CENTENE CORP 2807061 67.34 938 63,164.92
0.11 CPRT COPART INC 2208073 88.52 713 63,114.76
0.11 TEL TE CONNECTIVITY LTD B62B7C3 124.20 505 62,721.00
0.11 COF CAPITAL ONE FINA 2654461 109.00 574 62,566.00
0.11 HSY HERSHEY CO/THE 2422806 259.48 241 62,534.68
0.11 AFL AFLAC INC 2026361 67.13 926 62,162.38
0.11 ON ON SEMICONDUCTOR 2583576 85.63 725 62,081.75
0.11 DOW DOW INC BHXCF84 51.50 1,205 62,057.50
0.11 SYY SYSCO CORP 2868165 72.54 853 61,876.62
0.11 YUM YUM! BRANDS INC 2098876 134.17 461 61,852.37
0.11 HES HESS CORP 2023748 131.70 468 61,635.60
0.11 CARR CARRIER GLOBAL CORP BK4N0D7 43.20 1,410 60,912.00
0.11 ROST ROSS STORES INC 2746711 103.10 590 60,829.00
0.11 TDG TRANSDIGM GROUP INC B11FJK3 788.15 77 60,687.55
0.10 NUE NUCOR CORP 2651086 140.94 430 60,604.20
0.10 IQV IQVIA HOLDINGS INC BDR73G1 204.01 297 60,590.97
0.10 HLT HILTON WORLDWIDE BYVMW06 142.57 424 60,449.68
0.10 WELL WELLTOWER INC BYVYHH4 76.09 787 59,882.83
0.10 SPG SIMON PROPERTY GROUP INC 2812452 106.55 562 59,881.10
0.10 CHTR CHARTER COMMUN-A BZ6VT82 334.91 177 59,279.07
0.10 XEL XCEL ENERGY INC 2614807 63.95 912 58,322.40
0.10 MET METLIFE INC 2573209 52.65 1,106 58,230.90
0.10 A AGILENT TECHNOLOGIES INC 2520153 118.35 492 58,228.20
0.10 DHI DR HORTON INC 2250687 111.42 519 57,826.98
0.10 AME AMETEK INC 2089212 148.79 388 57,730.52
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 182.52 315 57,493.80
0.10 VRSK VERISK ANALYTICS INC B4P9W92 223.13 256 57,121.28
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 84.53 673 56,888.69
0.10 ROK ROCKWELL AUTOMATION INC 2754060 291.71 195 56,883.45
0.10 DG DOLLAR GENERAL CORP B5B1S13 158.87 357 56,716.59
0.10 NEM NEWMONT CORP 2636607 41.92 1,345 56,382.40
0.10 FIS FIDELITY NATIONA 2769796 54.70 1,016 55,575.20
0.10 ED CONSOLIDATED EDISON INC 2216850 92.95 595 55,305.25
0.10 WMB WILLIAMS COS INC 2967181 30.14 1,822 54,915.08
0.09 EA ELECTRONIC ARTS INC 2310194 127.02 431 54,745.62
0.09 PPG PPG INDUSTRIES INC 2698470 137.92 394 54,340.48
0.09 FAST FASTENAL CO 2332262 55.29 976 53,963.04
0.09 ILMN ILLUMINA INC 2613990 210.56 256 53,903.36
0.09 RMD RESMED INC 2732903 222.12 242 53,753.04
0.09 DVN DEVON ENERGY CORP 2480677 48.37 1,109 53,642.33
0.09 VICI VICI PROPERTIES INC BYWH073 31.81 1,683 53,536.23
0.09 PAYX PAYCHEX INC 2674458 111.65 477 53,257.05
0.09 CSGP COSTAR GROUP INC 2262864 82.00 646 52,972.00
0.09 PEG PUB SERV ENTERP 2707677 61.36 858 52,646.88
0.09 CTSH COGNIZANT TECH-A 2257019 61.30 853 52,288.90
0.09 BK BANK NY MELLON B1Z77F6 42.52 1,222 51,959.44
0.09 AMP AMERIPRISE FINANCIAL INC B0J7D57 311.73 166 51,747.18
0.09 CMI CUMMINS INC 2240202 218.26 237 51,727.62
0.09 DD DUPONT DE NEMOURS INC BK0VN47 71.57 721 51,601.97
0.09 KR KROGER CO 2497406 46.15 1,115 51,457.25
0.09 PRU PRUDENTIAL FINANCIAL INC 2819118 83.06 618 51,331.08
0.09 DFS DISCOVER FINANCI B1YLC43 109.04 464 50,594.56
0.09 DLR DIGITAL REALTY TRUST INC B03GQS4 104.82 480 50,313.60
0.09 GWW WW GRAINGER INC 2380863 675.66 74 49,998.84
0.09 KHC KRAFT HEINZ CO/THE BYRY499 38.06 1,298 49,401.88
0.09 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 80.49 613 49,340.37
0.09 KMI KINDER MORGAN INC B3NQ4P8 16.76 2,936 49,207.36
0.09 BKR BAKER HUGHES CO BDHLTQ5 29.67 1,653 49,044.51
0.08 CEG CONSTELLATION ENERGY BMH4FS1 87.51 559 48,918.09
0.08 RSG REPUBLIC SERVICES INC 2262530 143.74 337 48,440.38
0.08 ALL ALLSTATE CORP 2019952 109.48 438 47,952.24
0.08 LEN LENNAR CORP-A 2511920 111.94 427 47,798.38
0.08 AWK AMERICAN WATER W B2R3PV1 145.91 326 47,566.66
0.08 ZBH ZIMMER BIOMET HO 2783815 130.47 362 47,230.14
0.08 ODFL OLD DOMINION FREIGHT LINE 2656423 313.20 150 46,980.00
0.08 HAL HALLIBURTON CO 2405302 31.00 1,510 46,810.00
0.08 PCG P G & E CORP 2689560 16.83 2,757 46,400.31
0.08 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 161.45 287 46,336.15
0.08 WEC WEC ENERGY GROUP INC BYY8XK8 87.75 523 45,893.25
0.08 KDP KEURIG DR PEPPER INC BD3W133 31.31 1,465 45,869.15
0.08 EFX EQUIFAX INC 2319146 213.86 213 45,552.18
0.08 ACGL ARCH CAPITAL GROUP LTD 2740542 71.30 633 45,132.90
0.08 IT GARTNER INC 2372763 343.51 131 44,999.81
0.08 OKE ONEOK INC 2130109 58.72 765 44,920.80
0.08 ABC AMERISOURCEBERGEN CORP 2795393 174.69 254 44,371.26
0.08 ANSS ANSYS INC 2045623 326.02 136 44,338.72
0.08 HPQ HP INC BYX4D52 29.29 1,487 43,554.23
0.08 VMC VULCAN MATERIALS CO 2931205 202.24 215 43,481.60
0.07 WBD WARNER BROS DISCOVERY INC BM8JYX3 11.63 3,708 43,124.04
0.07 AVB AVALONBAY COMMUNITIES INC 2131179 181.51 236 42,836.36
0.07 MTD METTLER-TOLEDO 2126249 1,335.22 32 42,727.04
0.07 PWR QUANTA SERVICES INC 2150204 179.23 238 42,656.74
0.07 DLTR DOLLAR TREE INC 2272476 130.24 327 42,588.48
0.07 EIX EDISON INTERNATIONAL 2829515 66.80 636 42,484.80
0.07 WST WEST PHARMACEUT 2950482 343.40 123 42,238.20
0.07 TROW T ROWE PRICE GROUP INC 2702337 110.29 382 42,130.78
0.07 MLM MARTIN MARIETTA MATERIALS 2572079 417.07 101 42,124.07
0.07 URI UNITED RENTALS INC 2134781 357.63 117 41,842.71
0.07 WTW WILLIS TOWERS WATSON PLC BDB6Q21 223.67 187 41,826.29
0.07 ENPH ENPHASE ENERGY INC B65SQW4 182.73 228 41,662.44
0.07 ES EVERSOURCE ENERGY BVVN4Q8 70.51 576 40,613.76
0.07 CHD CHURCH & DWIGHT CO INC 2195841 94.65 428 40,510.20
0.07 ALB ALBEMARLE CORP 2046853 206.17 195 40,203.15
0.07 EBAY EBAY INC 2293819 45.29 886 40,126.94
0.07 GLW CORNING INC 2224701 31.05 1,282 39,806.10
0.07 APTV APTIV PLC B783TY6 92.27 431 39,768.37
0.07 SBAC SBA COMMUNICATIONS CORP BZ6TS23 224.27 177 39,695.79
0.07 DAL DELTA AIR LINES INC B1W9D46 37.10 1,065 39,511.50
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 130.32 303 39,486.96
0.07 STT STATE STREET CORP 2842040 71.82 544 39,070.08
0.07 IR INGERSOLL-RAND INC BL5GZ82 60.68 643 39,017.24
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 207.55 186 38,604.30
0.07 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 89.72 430 38,579.60
0.07 HIG HARTFORD FINL SV 2476193 69.94 545 38,117.30
0.07 MKC MCCORMICK-N/V 2550161 88.76 427 37,900.52
0.07 CBRE CBRE GROUP INC - A B6WVMH3 76.05 497 37,796.85
0.07 MPWR MONOLITHIC POWER B01Z7J1 487.15 77 37,510.55
0.07 GPN GLOBAL PAYMENTS INC 2712013 98.10 382 37,474.20
0.07 WBA WALGREENS BOOTS BTN1Y44 31.25 1,198 37,437.50
0.06 ALGN ALIGN TECHNOLOGY INC 2679204 305.15 121 36,923.15
0.06 TTWO TAKE-TWO INTERAC 2122117 136.72 269 36,777.68
0.06 FTV FORTIVE CORP BYT3MK1 66.89 547 36,588.83
0.06 WY WEYERHAEUSER CO 2958936 28.36 1,288 36,527.68
0.06 CDW CDW CORP/DE BBM5MD6 169.34 215 36,408.10
0.06 CAH CARDINAL HEALTH INC 2175672 84.76 426 36,107.76
0.06 GPC GENUINE PARTS CO 2367480 152.00 236 35,872.00
0.06 BAX BAXTER INTERNATIONAL INC 2085102 41.65 851 35,444.15
0.06 ETR ENTERGY CORP 2317087 99.76 353 35,215.28
0.06 AEE AMEREN CORPORATION 2050832 81.94 428 35,070.32
0.06 DTE DTE ENERGY COMPANY 2280220 109.37 320 34,998.40
0.06 DRI DARDEN RESTAURANTS INC 2289874 161.04 215 34,623.60
0.06 PPL PPL CORP 2680905 26.63 1,297 34,539.11
0.06 CLX CLOROX COMPANY 2204026 162.30 212 34,407.60
0.06 HPE HEWLETT PACKA BYVYWS0 15.02 2,281 34,260.62
0.06 IFF INTL FLAVORS & FRAGRANCES 2464165 79.63 428 34,081.64
0.06 HOLX HOLOGIC INC 2433530 79.04 430 33,987.20
0.06 MTB M & T BANK CORP 2340168 122.09 276 33,696.84
0.06 PODD INSULET CORP B1XGNW4 284.07 118 33,520.26
0.06 INVH INVITATION HOMES INC BD81GW9 34.47 971 33,470.37
0.06 FE FIRSTENERGY CORP 2100920 38.14 875 33,372.50
0.06 EQR EQUITY RESIDENTIAL 2319157 63.41 523 33,163.43
0.06 DOV DOVER CORP 2278407 137.88 238 32,815.44
0.06 FSLR FIRST SOLAR INC B1HMF22 203.67 160 32,587.20
0.06 FICO FAIR ISAAC CORP 2330299 791.60 41 32,455.60
0.06 RCL ROYAL CARIBBEAN 2754907 87.60 368 32,236.80
0.06 NDAQ NASDAQ INC 2965107 56.02 572 32,043.44
0.06 LVS LAS VEGAS SANDS CORP B02T2J7 57.75 554 31,993.50
0.06 RJF RAYMOND JAMES 2718992 93.90 339 31,832.10
0.05 VRSN VERISIGN INC 2142922 224.96 140 31,494.40
0.05 STE STERIS PLC BFY8C75 206.05 151 31,113.55
0.05 EXR EXTRA SPACE STORAGE INC B02HWR9 144.44 215 31,054.60
0.05 CNP CENTERPOINT ENERGY INC 2440637 28.75 1,065 30,618.75
0.05 CTRA COTERRA ENERGY INC 2162340 23.73 1,289 30,587.97
0.05 XYL XYLEM INC B3P2CN8 106.16 286 30,361.76
0.05 ULTA ULTA BEAUTY INC B28TS42 421.01 72 30,312.72
0.05 OMC OMNICOM GROUP 2279303 91.05 331 30,137.55
0.05 CAG CONAGRA BRANDS INC 2215460 35.02 857 30,012.14
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 391.16 76 29,728.16
0.05 LUV SOUTHWEST AIRLINES CO 2831543 30.00 989 29,670.00
0.05 LH LABORATORY CP 2586122 217.78 135 29,400.30
0.05 K KELLOGG CO 2486813 67.50 430 29,025.00
0.05 MAA MID-AMERICA APAR 2589132 150.34 193 29,015.62
0.05 EXPD EXPEDITORS INTL WASH INC 2325507 114.26 253 28,907.78
0.05 HWM HOWMET AEROSPACE INC BKLJ8V2 44.80 645 28,896.00
0.05 VTR VENTAS INC 2927925 44.66 643 28,716.38
0.05 UAL UNITED AIRLINES B4QG225 48.26 594 28,666.44
0.05 CMS CMS ENERGY CORP 2219224 58.99 481 28,374.19
0.05 BALL BALL CORP 2073022 54.13 523 28,309.99
0.05 NVR NVR INC 2637785 5,661.56 5 28,307.80
0.05 FITB FIFTH THIRD BANCORP 2336747 25.49 1,106 28,191.94
0.05 WAB WABTEC CORP 2955733 97.15 289 28,076.35
0.05 ARE ALEXANDRIA REAL 2009210 115.43 242 27,934.06
0.05 TRGP TARGA RESOURCES CORP B55PZY3 70.90 392 27,792.80
0.05 SEDG SOLAREDGE TECHNO BWC52Q6 294.10 94 27,645.40
0.05 MOH MOLINA HEALTHCARE INC 2212706 293.14 94 27,555.16
0.05 ATO ATMOS ENERGY CORP 2315359 114.60 236 27,045.60
0.05 RF REGIONS FINANCIAL CORP B01R311 17.80 1,512 26,913.60
0.05 SWKS SKYWORKS SOLUTIONS INC 2961053 102.62 262 26,886.44
0.05 COO COOPER COS INC/THE 2222631 353.55 76 26,869.80
0.05 AMCR AMCOR PLC BJ1F307 10.00 2,686 26,860.00
0.05 EXPE EXPEDIA GROUP INC B748CK2 106.90 250 26,725.00
0.05 GRMN GARMIN LTD B3Z5T14 105.53 253 26,699.09
0.05 TYL TYLER TECHNOLOGIES INC 2909644 398.22 67 26,680.74
0.05 SJM JM SMUCKER CO/THE 2951452 148.96 179 26,663.84
0.05 NTRS NORTHERN TRUST CORP 2648668 74.35 358 26,617.30
0.05 IRM IRON MOUNTAIN INC BVFTF03 55.52 478 26,538.56
0.05 PFG PRINCIPAL FINANCIAL GROUP 2803014 68.39 388 26,535.32
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 10.77 2,451 26,397.27
0.05 TER TERADYNE INC 2884183 101.52 260 26,395.20
0.05 BRO BROWN & BROWN INC 2692687 63.68 410 26,108.80
0.05 DGX QUEST DIAGNOSTICS INC 2702791 134.22 194 26,038.68
0.05 SYF SYNCHRONY FINANCIAL BP96PS6 32.71 792 25,906.32
0.04 STLD STEEL DYNAMICS INC 2849472 97.68 264 25,787.52
0.04 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 232.67 110 25,593.70
0.04 FDS FACTSET RESEARCH 2329770 398.19 64 25,484.16
0.04 MRO MARATHON OIL CORP 2910970 22.94 1,092 25,050.48
0.04 PTC PTC INC B95N910 139.28 179 24,931.12
0.04 WAT WATERS CORP 2937689 259.54 96 24,915.84
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 100.57 247 24,840.79
0.04 LW LAMB WESTON HOLDINGS INC BDQZFJ3 114.47 217 24,839.99
0.04 J JACOBS SOLUTIONS INC BNGC0D3 114.31 215 24,576.65
0.04 BR BROADRIDGE FINL B1VP7R6 153.54 160 24,566.40
0.04 TSN TYSON FOODS INC-CL A 2909730 50.51 485 24,497.35
0.04 IPG INTERPUBLIC GRP 2466321 37.96 645 24,484.20
0.04 AKAM AKAMAI TECHNOLOGIES INC 2507457 93.84 260 24,398.40
0.04 RVTY REVVITY INC 2305844 114.46 213 24,379.98
0.04 PAYC PAYCOM SOFTWARE INC BL95MY0 305.93 78 23,862.54
0.04 BBY BEST BUY CO INC 2094670 72.83 325 23,669.75
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 135.06 175 23,635.50
0.04 AES AES CORP 2002479 20.08 1,168 23,453.44
0.04 PHM PULTEGROUP INC 2708841 69.42 335 23,255.70
0.04 IEX IDEX CORP 2456612 205.39 113 23,209.07
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 225.22 103 23,197.66
0.04 LKQ LKQ CORP 2971029 53.49 432 23,107.68
0.04 FMC FMC CORP 2328603 107.44 215 23,099.60
0.04 CFG CITIZENS FINANCIAL GROUP BQRX1X3 27.49 837 23,009.13
0.04 EQT EQT CORP 2319414 36.04 635 22,885.40
0.04 JBHT HUNT (JB) TRANS 2445416 169.50 135 22,882.50
0.04 BG BUNGE LTD 2788713 91.74 247 22,659.78
0.04 WDC WESTERN DIGITAL CORP 2954699 39.00 576 22,464.00
0.04 LNT ALLIANT ENERGY CORP 2973821 52.28 429 22,428.12
0.04 TXT TEXTRON INC 2885937 63.29 354 22,404.66
0.04 HST HOST HOTELS & RESORTS INC 2567503 17.41 1,284 22,354.44
0.04 NTAP NETAPP INC 2630643 70.28 318 22,349.04
0.04 ZBRA ZEBRA TECH CORP 2989356 269.11 83 22,336.13
0.04 CF CF INDUSTRIES HO B0G4K50 63.86 348 22,223.28
0.04 SNA SNAP-ON INC 2818740 259.38 85 22,047.30
0.04 MGM MGM RESORTS INTERNATIONAL 2547419 40.76 540 22,010.40
0.04 RE EVEREST RE GROUP LTD 2556868 342.53 63 21,579.39
0.04 CPT CAMDEN PROPERTY TRUST 2166320 108.67 198 21,516.66
0.04 STX SEAGATE TECHNOLO BKVD2N4 60.86 352 21,422.72
0.04 KMX CARMAX INC 2983563 75.26 279 20,997.54
0.04 AXON AXON ENTERPRISE INC BDT5S35 191.86 109 20,912.74
0.04 UDR UDR INC 2727910 41.19 505 20,800.95
0.04 TRMB TRIMBLE INC 2903958 48.52 428 20,766.56
0.04 POOL POOL CORP 2781585 327.39 63 20,625.57
0.04 WRB WR BERKLEY CORP 2093644 57.42 354 20,326.68
0.03 BWA BORGWARNER INC 2111955 46.95 425 19,953.75
0.03 VTRS VIATRIS INC BMWS3X9 9.33 2,129 19,863.57
0.03 EVRG EVERGY INC BFMXGR0 58.21 341 19,849.61
0.03 AVY AVERY DENNISON CORP 2066408 165.21 120 19,825.20
0.03 CHRW CH ROBINSON 2116228 91.40 215 19,651.00
0.03 IP INTERNATIONAL PAPER CO 2465254 30.28 645 19,530.60
0.03 TAP MOLSON COORS-B B067BM3 63.81 304 19,398.24
0.03 NDSN NORDSON CORP 2641838 224.55 86 19,311.30
0.03 MOS MOSAIC CO/THE B3NPHP6 33.24 577 19,179.48
0.03 GEN GEN DIGITAL INC BJN4XN5 17.97 1,065 19,138.05
0.03 SWK STANLEY BLACK & B3Q2FJ4 79.30 241 19,111.30
0.03 MAS MASCO CORP 2570200 50.89 374 19,032.86
0.03 INCY INCYTE CORP 2471950 62.37 304 18,960.48
0.03 TECH BIO-TECHNE CORP BSHZ3Q0 82.67 229 18,931.43
0.03 KIM KIMCO REALTY CORP 2491594 18.70 1,011 18,905.70
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 203.25 93 18,902.25
0.03 CCL CARNIVAL CORP 2523044 12.30 1,506 18,523.80
0.03 APA APA CORP BNNF1C1 33.07 555 18,353.85
0.03 ETSY ETSY INC BWTN5N1 85.25 212 18,073.00
0.03 TFX TELEFLEX INC 2881407 240.67 75 18,050.25
0.03 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 20.57 873 17,957.61
0.03 TPR TAPESTRY INC BF09HX3 41.45 432 17,906.40
0.03 BF/B BROWN-FORMAN CORP-CLASS B 2146838 63.08 281 17,725.48
0.03 EMN EASTMAN CHEMICAL CO 2298386 82.22 215 17,677.30
0.03 LYV LIVE NATION ENTE B0T7YX2 82.50 214 17,655.00
0.03 ROL ROLLINS INC 2747305 41.17 427 17,579.59
0.03 HRL HORMEL FOODS CORP 2437264 40.56 432 17,521.92
0.03 WYNN WYNN RESORTS LTD 2963811 100.57 174 17,499.18
0.03 MTCH MATCH GROUP INC BK80XH9 38.73 448 17,351.04
0.03 LDOS LEIDOS HOLDINGS INC BDV82B8 80.66 215 17,341.90
0.03 NI NISOURCE INC 2645409 26.77 646 17,293.42
0.03 PKG PACKAGING CORP OF AMERICA 2504566 127.15 136 17,292.40
0.03 CPB CAMPBELL SOUP CO 2162845 51.56 332 17,117.92
0.03 BBWI BATH & BODY WORKS INC BNNTGJ5 39.80 428 17,034.40
0.03 DPZ DOMINO'S PIZZA INC B01SD70 297.83 57 16,976.31
0.03 QRVO QORVO INC BR9YYP4 95.90 175 16,782.50
0.03 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 273.89 61 16,707.29
0.03 CZR CAESARS ENTERTAINMENT INC BMWWGB0 46.25 360 16,650.00
0.03 KEY KEYCORP 2490911 10.13 1,639 16,603.07
0.03 PNW PINNACLE WEST CAPITAL 2048804 77.76 213 16,562.88
0.03 CDAY CERIDIAN HCM HOLDING INC BFX1V56 66.23 250 16,557.50
0.03 HSIC HENRY SCHEIN INC 2416962 75.26 217 16,331.42
0.03 XRAY DENTSPLY SIRONA INC BYNPPC6 38.92 419 16,307.48
0.03 CE CELANESE CORP B05MZT4 113.88 142 16,170.96
0.03 JKHY JACK HENRY 2469193 155.23 104 16,143.92
0.03 JNPR JUNIPER NETWORKS INC 2431846 30.04 537 16,131.48
0.03 CRL CHARLES RIVER LA 2604336 199.11 81 16,127.91
0.03 AAL AMERICAN AIRLINE BCV7KT2 14.81 1,064 15,757.84
0.03 PNR PENTAIR PLC BLS09M3 58.00 265 15,370.00
0.03 RHI ROBERT HALF INTL INC 2110703 69.61 213 14,826.93
0.03 AOS SMITH (A.O.) CORP 2816023 68.45 215 14,716.75
0.03 FOXA FOX CORP - CLASS A BJJMGL2 32.19 451 14,517.69
0.02 NRG NRG ENERGY INC 2212922 33.12 428 14,175.36
0.02 FFIV F5 INC 2427599 144.96 96 13,916.16
0.02 L LOEWS CORP 2523022 58.47 236 13,798.92
0.02 GL GLOBE LIFE INC BK6YKG1 105.97 127 13,458.19
0.02 FRT FEDERAL REALTY INVS TRUST BN7P9B2 90.50 148 13,394.00
0.02 ALLE ALLEGION PLC BFRT3W7 108.47 122 13,233.34
0.02 HII HUNTINGTON INGAL B40SSC9 207.72 63 13,086.36
0.02 HAS HASBRO INC 2414580 59.89 216 12,936.24
0.02 REG REGENCY CENTERS CORP 2726177 57.99 217 12,583.83
0.02 BIO BIO-RAD LABORATORIES-A 2098508 368.60 34 12,532.40
0.02 WRK WESTROCK CO BYR0914 28.60 431 12,326.60
0.02 UHS UNIVERSAL HLTH-B 2923785 134.71 91 12,258.61
0.02 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 15.13 809 12,240.17
0.02 NWSA NEWS CORP - CLASS A BBGVT40 18.63 645 12,016.35
0.02 IVZ INVESCO LTD B28XP76 15.39 703 10,819.17
0.02 DXC DXC TECHNOLOGY CO BYXD7B3 25.08 430 10,784.40
0.02 BEN FRANKLIN RESOURCES INC 2350684 25.04 430 10,767.20
0.02 BXP BOSTON PROPERTIES INC 2019479 49.69 216 10,733.04
0.02 CTLT CATALENT INC BP96PQ4 37.80 280 10,584.00
0.02 NCLH NORWEGIAN CRUISE B9CGTC3 16.18 635 10,274.30
0.02 ALK ALASKA AIR GROUP INC 2012605 46.28 215 9,950.20
0.02 WHR WHIRLPOOL CORP 2960384 133.47 73 9,743.31
0.02 VFC VF CORP 2928683 17.92 532 9,533.44
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 112.70 84 9,466.80
0.02 CMA COMERICA INC 2212870 40.34 215 8,673.10
0.02 OGN ORGANON & CO BLDC8J4 20.19 427 8,621.13
0.02 SEE SEALED AIR CORP 2232793 39.48 217 8,567.16
0.01 AIZ ASSURANT INC 2331430 123.12 65 8,002.80
0.01 DVA DAVITA INC 2898087 99.16 68 6,742.88
0.01 MHK MOHAWK INDUSTRIES INC 2598699 95.76 69 6,607.44
0.01 FOX FOX CORP - CLASS B BJJMGY5 30.08 217 6,527.36
0.01 ZION ZIONS BANCORP NA 2989828 28.72 220 6,318.40
0.01 AAP ADVANCE AUTO PARTS INC 2822019 65.59 93 6,099.87
0.01 NWL NEWELL BRANDS INC 2635701 8.65 644 5,570.60
0.01 RL RALPH LAUREN CORP B4V9661 113.18 48 5,432.64
0.01 LNC LINCOLN NATIONAL CORP 2516378 22.56 229 5,166.24
0.01 NWS NEWS CORP - CLASS B BBGVT51 18.82 215 4,046.30
0.01 DISH DISH NETWORK CORP-A 2303581 7.10 428 3,038.80
-0.02 XSP US 06/16/23 C421 849.00 -14 -11,886.00
-0.98 SPX US 06/16/23 C4210 8,510.00 -67 -570,170.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Information Technology 28.8
Health Care 14.4
Financials 10.4
Consumer Discretionary 10.3
Communication Services 8.3
Industrials 8.1
Consumer Staples 7.0
Energy 4.7
Utilities 2.9
Materials 2.6
Real Estate 2.6

Source: AltaVista Research, LLC

ETF Characteristics As of 06/02/23

Return on Equity 19.50%
Weighted Avg. Market Cap 669,134 M
2022 2023
Price-to-earnings 19.52 19.36
Price-to-book value 4.03 3.54

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/31/23

Versus Beta
S&P 500 0.80
NASDAQ-100 0.57
MSCI EAFE 0.68
MSCI Emg. Mkts 0.47
Standard Deviation 14.90%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject XYLG to loss due to adverse occurrences that may affect that industry or sector. Investors in XYLG should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

XYLG engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. XYLG writes covered call index options on the S&P 500 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by S&P or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.

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