Overview
The S&P 500 with monthly at-the-money calls sold against the whole position — QYLD's playbook on the broad market, distributing ~10%.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp. | 7.8% |
| MSFT | Microsoft Corp. | 6.4% |
| AAPL | Apple Inc. | 6.1% |
| AMZN | Amazon.com Inc. | 4.0% |
| META | Meta Platforms | 3.0% |
| AVGO | Broadcom Inc. | 2.9% |
| GOOGL | Alphabet Inc. A | 2.6% |
| SPX CALL | Short S&P 500 calls | -0.8% |
| TSLA | Tesla Inc. | 2.0% |
| BRK.B | Berkshire Hathaway | 1.8% |
Fund Details
Investment Thesis
XYLD is the textbook BuyWrite: full upside sold every month for premium, converted into a ~10% distribution from the least-volatile index in the covered-call stable. It will trail the S&P in melt-ups by design and cushion nothing like a bond in crashes — the honest description is 'income now, growth traded away'. The choppy-market year suited it: +18% with the fat payout intact.
Who It's For
Income-first investors who prefer the S&P's steadiness to the Nasdaq's swings in their covered-call sleeve. Compare against SPYI's tax-optimised spin on the same trade.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $30.80 | -- |
| 2017 | $34.81 | +13.0% |
| 2018 | $32.02 | -8.0% |
| 2019 | $37.15 | +16.0% |
| 2020 | $36.40 | -2.0% |
| 2021 | $41.86 | +15.0% |
| 2022 | $35.58 | -15.0% |
| 2023 | $38.08 | +7.0% |
| 2024 | $41.12 | +8.0% |
| 2025 | $44.00 | +7.0% |
| Year | Yield |
|---|---|
| 2016 | 7.80% |
| 2017 | 8.00% |
| 2018 | 9.20% |
| 2019 | 9.40% |
| 2020 | 10.10% |
| 2021 | 8.80% |
| 2022 | 12.10% |
| 2023 | 11.20% |
| 2024 | 10.50% |
| 2025 | 10.40% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $0.1B | -- |
| 2017 | $0.2B | +100.0% |
| 2018 | $0.4B | +100.0% |
| 2019 | $0.7B | +75.0% |
| 2020 | $1B | +42.9% |
| 2021 | $1.6B | +60.0% |
| 2022 | $2.5B | +56.3% |
| 2023 | $2.8B | +12.0% |
| 2024 | $3B | +7.1% |
| 2025 | $3.2B | +6.7% |
Price history from exchange data. Dividend yields from reported distributions; some earlier years are derived from total-return vs price-return data or are ETFHub estimates. AUM history is an ETFHub estimate modelled from current assets and annual returns (fund flows not reflected) and may differ from official fund records. Data as of October 2026.
Related Dividend ETFs ETFs
Markets. Intelligence. Daily.
Full briefs on 500+ ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.
Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →