ETF Research Center

Global X S&P 500 ESG Covered Call ETF

ALTAR
Score™

0.0%

Recommen-
dation

AVOID

2025E 2026E
P/E ratio	0.0x	P/Sales ratio	0.0x
P/BV ratio	0.0x	Div. yield	0.0%

Description
Performance
Comps
Fundamentals
Valuation
Rating

XYLE tracks an index that provides exposure to US large-cap companies that are screened for positive ESG characteristics combined with a covered call option strategy. Components of the index are market-cap weighted, adjusting for ESG rating score.

FUND BASICS
Category	US Equities
Fund Sponsor	Global X
Website	www.globalxetfs.com/content/files/XYLE-497K.pdf
Inception date	Feb 21, 2023
Assets (mns)	$3
Currency	USD
Expense ratio	60 bp
Distributions	Annually

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian
Weighting	Market Cap
Index replication
Uses derivatives	Yes
Options available	No

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	0
Wgt avg mkt cap (mns)	$0
Large cap (>$10bn)	0.0%
Mid cap ($2-10bn)	0.0%
Small cap (<$2bn)	0.0%
Developed mkts	100.0%
Emerging mkts	0.0%

TOP TEN HOLDINGS
Total	0.0 %
	0.0 %

TOP COUNTRY EXPOSURE
		0.0 %

HISTORICAL PERFORMANCE info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru February 28)
Year-to-date	1 year	5 years	10 years	Since Incep.
1.7%	5.5%	--	--	8.3%

Market Correlations
versus...	Beta	R-squared
S&P500	0.57	64%
MSCI EAFE	0.42	44%
MSCI Emg. Mkts.	0.42	35%

Technical Indicators
Recent close	$25.61
30d moving avg.	$25.47
Annualized volatility	8.9%
Short interest (ETF)	15.1%
Relative strength (RSI)	44

Liquidity measures
Avg. volume (thou.)	0
Turnover	0.0%
Bid/Ask (% of price)	0.56%
ADV underlying (mns)	$166,505

Distributions

There were no matches found with other funds under coverage.

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RESULTS & ESTIMATES

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

Return on equity

Revision activity*

*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Historical valuation trends

Forward multiple:	Global X S&P 500 ESG Covered Call ETF
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™

Calculation of ALTAR Score™
Avg. Return on Equity	0.0	%
Divided by: Fwd. P/BV	0.0	x
Less: Expense ratio	60	bp
Equals: ALTAR Score	0.0	%

More information on ALTAR Score™

MODERN PORTFOLIO THEORY info