All funds Global X

Global X covered call and yield ETFs

We track 47 Global X funds: 12 enhanced covered call, 10 sector covered call, 6 index covered call, 6 bond covered call, 5 fund-of-funds covered call, 3 dividend equity, 2 cash and hisa, 2 preferred share and 1 REIT. The highest on our Income Durability Score are BCCL (31), BCCC (33) and PAYL (44).

Yields, fees and holdings are from Global X's own published documents; each fund page links to its official page.

Ticker ⇅	Fund	Type	Score ▲	Yield ⇅	1-yr return ⇅	Fee ⇅	Worst drop ⇅	Liquidity ⇅
BCCL	Global X Enhanced Bitcoin Covered Call ETF	Enhanced 1.25x	31	30.4%	-16.6%	2.10%	-52.1%	Medium
BCCC	Global X Bitcoin Covered Call ETF	Sector	33	23.9%	-15.1%	1.09%	-44.0%	Medium
PAYL	Global X Long-Term Government Bond Premium Yield ETF	Bond	44	9.2%	-3.7%	0.75%	-8.7%	Very low
PAYM	Global X Mid-Term Government Bond Premium Yield ETF	Bond	46	7.2%	-1.8%	0.66%	-4.4%	Very low
RNCL	Global X Enhanced Equal Weight Canadian Telecommunications Covered Call ETF	Enhanced 1.25x	48	14.2%	-19.0%	1.96%	-26.6%	Very low
RNCC	Global X Equal Weight Canadian Telecommunications Covered Call ETF	Sector	49	11.8%	-13.8%	0.55%	-19.9%	Low
AGCC	Global X Silver Covered Call ETF	Sector	55	15.1%	-17.6%	1.20%	-45.5%	Low
PAYS	Global X Short-Term Government Bond Premium Yield ETF	Bond	55	5.3%	-0.1%	0.55%	-1.4%	Low
LPAY	Global X Long-Term U.S. Treasury Premium Yield ETF	Bond	55	11.0%	-3.8%	0.59%	-8.4%	Low
SPAY	Global X Short-Term U.S. Treasury Premium Yield ETF	Bond	61	6.3%	+2.0%	0.44%	-4.6%	Medium
MPAY	Global X Mid-Term U.S. Treasury Premium Yield ETF	Bond	64	8.7%	-1.0%	0.51%	-6.4%	High
HAZ	Global X Active Global Dividend ETF	Dividend	65	0.8%	+8.9%	0.76%	-15.8%	Medium
HAL	Global X Active Canadian Dividend ETF	Dividend	67	1.5%	+30.3%	0.68%	-23.3%	Low
REIT	Global X Equal Weight Canadian REITs Index ETF	REIT	67	4.0%	+6.7%	0.35%	-7.6%	Very low
RSCC	Global X Russell 2000 Covered Call ETF	Index	68	13.7%	+13.9%	0.78%	-18.1%	Low
CNCL	Global X Enhanced S&P/TSX 60 Covered Call ETF	Enhanced 1.25x	69	8.3%	+18.7%	1.66%	-9.0%	Low
EMCL	Global X Enhanced MSCI Emerging Markets Covered Call ETF	Enhanced 1.25x	72	13.9%	+14.0%	1.83%	-11.8%	Low
EACC	Global X MSCI EAFE Covered Call ETF	Index	74	9.4%	+11.5%	0.60%	-5.3%	Very low
HGY	Global X Gold Yield ETF	Sector	74	8.7%	-11.1%	0.83%	-37.5%	Medium
EACL	Global X Enhanced MSCI EAFE Covered Call ETF	Enhanced 1.25x	75	11.8%	+13.5%	1.63%	-6.9%	Low
GRCC	Global X Growth Asset Allocation Covered Call ETF	Fund-of-funds	76	8.9%	+9.4%	0.71%	-4.5%	Very low
CNCC	Global X S&P/TSX 60 Covered Call ETF	Index	76	6.8%	+14.4%	0.50%	-25.4%	Medium
EQCC	Global X All-Equity Asset Allocation Covered Call ETF	Fund-of-funds	76	9.9%	+12.0%	0.71%	-8.0%	Low
ENCL	Global X Enhanced Canadian Oil And Gas Equity Covered Call ETF	Enhanced 1.25x	77	14.0%	+39.1%	1.88%	-11.4%	Very high
GLCC	Global X Gold Producer Equity Covered Call ETF	Sector	77	14.1%	-10.6%	0.76%	-68.6%	Very high
HYBR	Global X Active Hybrid Bond and Preferred Share ETF	Preferred	78	4.8%	+9.9%	0.65%	-35.8%	Low
EMCC	Global X MSCI Emerging Markets Covered Call ETF	Index	78	10.7%	+13.5%	0.78%	-9.3%	Medium
HPR	Global X Active Preferred Share ETF	Preferred	80	5.1%	+8.0%	0.65%	-33.0%	Medium
ENCC	Global X Canadian Oil and Gas Equity Covered Call ETF	Sector	80	11.1%	+31.7%	0.76%	-86.6%	Very high
USCL	Global X Enhanced S&P 500 Covered Call ETF	Enhanced 1.25x	80	12.5%	+13.5%	1.49%	-14.6%	Medium
BKCL	Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	Enhanced 1.25x	81	11.4%	+35.5%	1.51%	-15.2%	High
USCC	Global X S&P 500 Covered Call ETF	Index	82	9.8%	+11.4%	0.47%	-15.8%	Medium
BKCC	Global X Equal Weight Canadian Bank Covered Call ETF	Sector	84	9.1%	+28.6%	0.46%	-28.8%	Medium
QQCL	Global X Enhanced Nasdaq-100 Covered Call ETF	Enhanced 1.25x	84	15.2%	+11.8%	1.71%	-15.8%	Very high
QQCC	Global X Nasdaq-100 Covered Call ETF	Index	85	11.8%	+9.9%	0.86%	-26.6%	High
CASH	Global X High Interest Savings ETF	Cash new	n/a	2.0%	+1.9%	0.11%	0.0%	Very high
CBIL	Global X 0-3 Month T-Bill ETF	Cash new	n/a	2.1%	+2.0%	0.11%	0.0%	Very high
CMCC	Global X All-In-One Commodity Producers Equity Covered Call ETF	Fund-of-funds new	n/a	13.5%	–	0.65%	-13.6%	Low
CMCL	Global X Enhanced All-In-One Commodity Producers Equity Covered Call ETF	Fund-of-funds 1.25x new	n/a	17.3%	–	0.85%	-17.8%	Medium
CPCC	Global X Copper Producer Equity Covered Call ETF	Sector new	n/a	13.8%	–	0.73%	-19.6%	Medium
DIVY	Global X Active U.S. Dividend ETF	Dividend new	n/a	–	–	0.35%	–	Very low
EQCL	Global X Enhanced All-Equity Asset Allocation Covered Call ETF	Fund-of-funds 1.25x new	n/a	12.3%	–	1.63%	-4.3%	Medium
GLCL	Global X Enhanced Gold Producer Equity Covered Call ETF	Enhanced 1.25x new	n/a	18.2%	–	1.74%	-42.0%	Medium
RSCL	Global X Enhanced Russell 2000 Covered Call ETF	Enhanced 1.25x new	n/a	–	–	1.80%	–	n/a
SVCC	Global X Silver Miners Covered Call ETF	Sector new	n/a	16.7%	–	0.65%	-24.4%	Low
SVCL	Global X Enhanced Silver Miners Covered Call ETF	Enhanced 1.25x new	n/a	22.3%	–	0.85%	-29.0%	Low
URCC	Global X Uranium Covered Call ETF	Sector new	n/a	20.0%	–	0.65%	-33.1%	Low

Type

What the fund sells calls on.

The fund owns stocks and sells the right to buy them at a set price. It collects a fee (premium) for that right, which is paid out as income. In exchange, big rises in the stocks are partly given up. A tag such as 1.25x marks leverage; "new" means under 12 months of history, too short to score.

Full definition in the glossary →

Income Durability Score

Out of 100, coloured from red (0) to green (100).

How well the fund has turned its yield into something you could actually keep. It is built from income, capital, risk and cost measures with fixed, published weights.

How we score →

Yield

A year of distributions divided by today's unit price. A high yield is not a high return: if the price falls as much as you were paid, you have gained nothing.

Full definition in the glossary →

Total return

This column is the total return over the last 12 months.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

MER

Management expense ratio: the fund's yearly management fee and operating costs as a share of its value, already taken out of returns. Trading costs come on top, as the trading expense ratio (TER) in the fund's ETF Facts; the score's fee measure adds the two.

Full definition in the glossary →

Worst drop (maximum drawdown)

The biggest fall from a high to a later low, in total return, so paying out a distribution does not count as a fall. A fund that fell 30% needs a 43% gain to get back.

Full definition in the glossary →

Liquidity

How easily you can buy or sell without moving the price, rated Very high to Very low by the average dollars traded per day. Thinly traded funds can have wide gaps between the buying and selling price; use limit orders.

Full definition in the glossary →

Volatility

Over the last 36 months.

How much returns bounce around, measured as an annualized standard deviation. Higher means a bumpier ride. It counts rises as well as falls, so the score uses downside deviation instead.

Full definition in the glossary →

Beta

How far the fund tends to move when the S&P 500 moves, over the last 36 months. A beta of 0.7 means it moved about 0.7% for each 1% move in the index.

Full definition in the glossary →

Up and down capture

This column is up capture: the share of its own benchmark's gains the fund took in rising months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Up and down capture

This column is down capture: the share of its own benchmark's losses the fund took in falling months. The fund's page names the benchmark.

How much of its own benchmark's gains (up) and losses (down) the fund took over the last 36 months. Down capture under 100% means the calls cushioned the falls; leverage pushes both above 100%.

Full definition in the glossary →

Total return

This column is the total return per year over the last 3 years.

Price change plus all distributions, assuming distributions are reinvested. This is the number that tells you whether the payout was earned.

Full definition in the glossary →

Return of capital (ROC)

The share of last year's payout classed as return of capital.

A part of the payout that is treated as your own money coming back. It is not taxed right away, but it lowers your cost base, so you may owe more tax when you sell.

Full definition in the glossary →

Rankings are information, not a recommendation to buy or sell any fund.