In this article, we will be taking a look at 5 monthly dividend covered call ETFs you can count on. To read our detailed analysis of dividend investing, you can go directly to see the 10 Monthly Dividend Covered Call ETFs and ETNs You Can Count On.
5. Global X S&P 500 Covered Call ETF (NYSE: XYLD)
Dividend Yield: 9.7%
Global X S&P 500 Covered Call ETF (NYSE: XYLD) tracks the performance of the CBOE S&P 500 BuyWrite Index, using the full replication technique. The fund also invests in American public equity markets and other financial arenas, and ranks 6th on our list of monthly dividend covered call ETFs and ETNs you can count on.
In the past year, the price return for Global X S&P 500 Covered Call ETF (NYSE: XYLD) was 12.23%, compared to the 33.52% price return of the S&P 500. The total return for the fund was 24.25%, compared to the 10.40% total return of the S&P 500. Global X S&P 500 Covered Call ETF (NYSE: XYLD) has gained 4.31% in the past 6 months and 7.56% year to date as well.
4. Global X Russell 2000 Covered Call ETF (BATS: RYLD)
Dividend Yield: 11.2%
Global X Russell 2000 Covered Call ETF (BATS: RYLD) invests in US public equity markets, growth and value stocks of small-cap companies, and other assets. The fund also tracks the performance of the Cboe Russell 2000 BuyWrite Index, using the representative sampling technique. It ranks 4th on our list of monthly dividend covered call ETFs and ETNs you can count on.
In the past year, the price return for Global X Russell 2000 Covered Call ETF (BATS: RYLD) was 23.49%, compared to the 33.52% price return of the S&P 500. The total return for the fund was 39.23%, compared to the 10.40% total return of the S&P 500. Global X Russell 2000 Covered Call ETF (BATS: RYLD) has gained 3.40% in the past 6 months and 12.78% year to date as well.
3. Global X NASDAQ 100 Covered Call ETF (NASDAQ: QYLD)
Dividend Yield: 11.4%
Global X NASDAQ 100 Covered Call ETF (NASDAQ: QYLD) tracks the performance of the CBOE NASDAQ-100 BuyWrite V2 Index, using the full replication technique. It ranks 3rd on our list of monthly dividend covered call ETFs and ETNs you can count on.
In the past year, the price return for Global X NASDAQ 100 Covered Call ETF (NASDAQ: QYLD) was 7.61%, compared to the S&P 500’s price return of 33.52%. The fund’s total return was 20.99%, compared to the S&P 500’s 10.40% total return. Global X NASDAQ 100 Covered Call ETF (NASDAQ: QYLD) has gained 2.31% in the past 6 months and 1.59% year to date.
2. Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ: GLDI)
Dividend Yield: 12.9%
Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ: GLDI) tracks the performance of the Credit Suisse NASDAQ Gold FLOWS 103 Index. The fund ranks 2nd on our list of monthly dividend covered call ETFs and ETNs you can count on and is domiciled in Switzerland.
1. Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (NASDAQ: USOI)
Dividend Yield: 20.7%
Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (NASDAQ: USOI) tracks the performance of the Credit Suisse Nasdaq WTI Crude Oil FLOWS 106 Index. The fund is domiciled in Switzerland as well. It ranks 1st on our list of monthly dividend covered call ETFs and ETNs you can count on.
In the past year, the price return for Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (NASDAQ: USOI) was 23.79%, compared to the 33.52% price return of the S&P 500. The total return for the fund was 54.21%, compared to the 10.40% total return of the S&P 500. Credit Suisse X-Links Crude Oil Shares Covered Call ETNs (NASDAQ: USOI) has gained 1.56% in the past 6 months and 12.80% year to date as well.
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