5 Monthly Dividend Covered Call ETFs and ETNs You Can Count On

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.