XYLD Covered Call ETF hits new 52-week high, up 13.84% from low, with positive potential gains.

From Zacks Investment Research: 2024-12-30 21:10:26

Global X S&P 500 Covered Call ETF (XYLD) has hit a 52-week high, up 13.84% from its low. The ETF follows a covered call strategy, tracking the Cboe S&P 500 BuyWrite Index and charges 60 bps in annual fees. Market volatility has increased, making the covered-call strategy attractive. With a positive weighted alpha of 10.46, XYLD may see more gains in the near term.



Read more at Zacks Investment Research: Covered Call ETF (XYLD) Hits New 52-Week High – December 30, 2024