RYLD vs XYLD
Global X Russell 2000 Covered Call ETF vs Global X S&P 500 Covered Call ETF
Which is better, RYLD or XYLD?
Small Cap Growth against Multi Alternative.
RYLD led over 1Y, XYLD over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RYLD | XYLD |
|---|---|---|
| Expense Ratio | 0.60%Tie | 0.60%Tie |
| AUM | $1.3B | $3.3B |
| Dividend Yield | 12.11% | 10.20% |
| Holdings | 22 | 1,015 |
| YTD Return | +8.93%Best | +7.61% |
| 1Y Return | +12.22%Best | +12.18% |
| 3Y Return (annualized) | +9.53% | +12.47%Best |
| 5Y Return (annualized) | +1.48% | +6.53%Best |
| Volatility (annualized) | 14.7% | 11.8%Best |
| Max Drawdown | -42.5% | -34.1%Best |
| $10,000 over 5 years | $10,762 | $13,720Best |
| Top 10 Weight | - | 39.2% |
| Fund Family | Global X by mirae Asset | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Small Cap Growth | Multi Alternative |
| Inception | Apr 17, 2019 | Jun 21, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Apr 22, 2019 to Nov 6, 2026 (7.5 years).
RYLD vs XYLD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.5 years both funds cover.
RYLD vs XYLD Performance
Global X Russell 2000 Covered Call ETF (RYLD) is an ETF from Global X by mirae Asset and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year RYLD returned +12.22% while XYLD returned +12.18%. Year to date, RYLD is up 8.93% versus a gain of 7.61% for XYLD.
Over three years, RYLD compounded at +9.53% per year against +12.47% for XYLD; over five years the annualized figures are +1.48% and +6.53% respectively. Across the full 8-year window we track, XYLD has the edge at +5.77% annualized vs +2.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RYLD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 11.8% for XYLD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -42.5% for RYLD and -34.1% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RYLD charges 0.60% per year while XYLD charges 0.60%. On a $10,000 position that is $60 vs $60 annually. On income, RYLD currently yields 12.11% against 10.20% for XYLD.
Holdings Overlap
We hold position weights for 5 holdings in RYLD and 494 in XYLD, totalling 99.9% and 101.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in RYLD and 494 in XYLD, against full books of 22 and 1,015.
What only one of them owns
Our book lists 491 positions for XYLD that do not appear in our book for RYLD (101.0% of the fund), and 1 for RYLD that do not appear in XYLD (99.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of RYLD and XYLD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RYLD or XYLD?
RYLD has an expense ratio of 0.60% while XYLD charges 0.60%. At the precision these are quoted to, they cost the same.
Which performed better, RYLD or XYLD?
Over the past year RYLD returned +12.22% vs +12.18% for XYLD, so RYLD leads on 1-year performance. Over the longest common window we track (8 years), RYLD annualized +2.52% vs +5.77% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RYLD or XYLD?
RYLD has been the more volatile fund at 14.7% annualized versus 11.8% for XYLD. Worst drawdown: RYLD -42.5% vs XYLD -34.1%.
Should I hold both RYLD and XYLD?
RYLD and XYLD have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, RYLD or XYLD?
RYLD yields 12.11% while XYLD yields 10.20%, so RYLD currently pays the higher dividend yield.
Is XYLD better than RYLD?
RYLD led over 1Y, XYLD over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.