All funds Global X

Global X covered call and yield ETFs

We track 48 Global X funds: 11 enhanced covered call, 10 sector covered call, 6 index covered call, 6 bond covered call, 5 fund-of-funds covered call, 4 cash and HISA, 3 dividend equity, 2 preferred share and 1 REIT. The highest on our Income Durability Score are QQCC (85), BKCC (84) and QQCL (84).

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 ⇅	Risk rating ⇅	Liquidity ⇅
QQCC	Global X Nasdaq-100 Covered Call	Index	85	11.8%	+9.7%	0.86%	-26.6%	Medium	High
BKCC	Global X Equal Weight Canadian Bank Covered Call	Sector	84	9.0%	+29.7%	0.46%	-28.8%	Medium	High
QQCL	Global X Enhanced Nasdaq-100 Covered Call	Enhanced 1.25x	84	15.3%	+11.3%	1.71%	-15.8%	High	Very high
USCC	Global X S&P 500 Covered Call	Index	82	9.7%	+12.5%	0.47%	-15.8%	Medium	Medium
BKCL	Global X Enhanced Equal Weight Canadian Banks Covered Call	Enhanced 1.25x	81	11.3%	+37.0%	1.51%	-15.2%	Med–high	High
ENCC	Global X Canadian Oil and Gas Equity Covered Call	Sector	81	11.7%	+25.5%	0.76%	-86.6%	High	Very high
USCL	Global X Enhanced S&P 500 Covered Call	Enhanced 1.25x	80	12.4%	+14.8%	1.49%	-14.6%	Med–high	Medium
HPR	Global X Active Preferred Share	Preferred	80	5.1%	+7.8%	0.65%	-33.0%	Medium	Medium
EACC	Global X MSCI EAFE Covered Call	Index	79	9.2%	+13.8%	0.60%	-5.3%	Low–med	n/a
EMCC	Global X MSCI Emerging Markets Covered Call	Index	79	10.6%	+14.5%	0.78%	-9.3%	Medium	n/a
ENCL	Global X Enhanced Canadian Oil And Gas Equity Covered Call	Enhanced 1.25x	78	14.9%	+30.9%	1.88%	-11.4%	High	Very high
HYBR	Global X Active Hybrid Bond and Preferred Share	Preferred	78	4.8%	+9.7%	0.65%	-35.8%	Medium	Low
EQCC	Global X All-Equity Asset Allocation Covered Call	Fund-of-funds	76	9.7%	+13.5%	0.71%	-8.0%	Medium	Very low
CNCC	Global X S&P/TSX 60 Covered Call	Index	76	6.7%	+15.9%	0.50%	-25.4%	Medium	Medium
GRCC	Global X Growth Asset Allocation Covered Call	Fund-of-funds	75	8.8%	+10.5%	0.71%	-4.5%	Low–med	Very low
GLCC	Global X Gold Producer Equity Covered Call	Sector	75	12.6%	+0.4%	0.76%	-68.6%	High	Very high
EACL	Global X Enhanced MSCI EAFE Covered Call	Enhanced 1.25x	75	11.5%	+16.7%	1.63%	-6.9%	Medium	Low
HGY	Global X Gold Yield	Sector	74	8.5%	-8.5%	0.83%	-37.5%	Medium	Medium
EMCL	Global X Enhanced MSCI Emerging Markets Covered Call	Enhanced 1.25x	72	13.8%	+14.9%	1.83%	-11.8%	Med–high	Low
CNCL	Global X Enhanced S&P/TSX 60 Covered Call	Enhanced 1.25x	69	8.3%	+19.5%	1.66%	-9.0%	Medium	Low
RSCC	Global X Russell 2000 Covered Call	Index	69	13.4%	+16.2%	0.78%	-18.1%	Med–high	Low
REIT	Global X Equal Weight Canadian REITs Index	REIT	67	4.0%	+7.4%	0.35%	-7.6%	Med–high	Very low
HAL	Global X Active Canadian Dividend	Dividend	67	1.5%	+30.9%	0.68%	-23.3%	Medium	Low
HAZ	Global X Active Global Dividend	Dividend	65	0.8%	+8.8%	0.76%	-15.8%	Low–med	Medium
MPAY	Global X Mid-Term U.S. Treasury Premium Yield	Bond	64	8.6%	+0.2%	0.51%	-6.4%	Low	High
SPAY	Global X Short-Term U.S. Treasury Premium Yield	Bond	61	6.2%	+3.4%	0.44%	-4.6%	Low	Medium
LPAY	Global X Long-Term U.S. Treasury Premium Yield	Bond	55	10.9%	-3.0%	0.59%	-8.4%	Low–med	Low
AGCC	Global X Silver Covered Call	Sector	55	14.5%	-14.4%	1.20%	-45.5%	High	Low
PAYS	Global X Short-Term Government Bond Premium Yield	Bond	55	5.3%	+0.1%	0.55%	-1.4%	Low	Low
RNCC	Global X Equal Weight Canadian Telecommunications Covered Call	Sector	50	11.5%	-11.9%	0.55%	-19.9%	Medium	Low
RNCL	Global X Enhanced Equal Weight Canadian Telecommunications Covered Call	Enhanced 1.25x	48	13.8%	-16.9%	1.96%	-26.6%	Med–high	Very low
PAYM	Global X Mid-Term Government Bond Premium Yield	Bond	46	7.2%	-1.8%	0.66%	-4.4%	Low	Very low
PAYL	Global X Long-Term Government Bond Premium Yield	Bond	44	9.2%	-4.1%	0.75%	-8.7%	Low–med	Very low
BCCC	Global X Bitcoin Covered Call	Sector	34	24.8%	-18.2%	1.09%	-44.0%	High	Medium
BCCL	Global X Enhanced Bitcoin Covered Call	Enhanced 1.25x	31	31.9%	-20.5%	2.10%	-52.1%	High	Medium
CASH	Global X High Interest Savings	Cash	n/a	2.0%	+1.9%	0.11%	0.0%	Low	Very high
CBIL	Global X 0-3 Month T-Bill	Cash	n/a	2.1%	+2.0%	0.11%	0.0%	Low	Very high
CMCC	Global X All-In-One Commodity Producers Equity Covered Call	Fund-of-funds new	n/a	13.2%	–	0.65%	-13.6%	Med–high	Low
CMCL	Global X Enhanced All-In-One Commodity Producers Equity Covered Call	Fund-of-funds 1.25x new	n/a	16.6%	–	0.85%	-17.0%	High	Medium
CPCC	Global X Copper Producer Equity Covered Call	Sector new	n/a	13.5%	–	0.73%	-19.4%	High	Medium
DIVY	Global X Active U.S. Dividend	Dividend new	n/a	–	–	0.35%	–	Medium	Very low
EQCL	Global X Enhanced All-Equity Asset Allocation Covered Call	Fund-of-funds 1.25x new	n/a	12.1%	–	1.63%	-4.3%	Medium	Medium
GLCL	Global X Enhanced Gold Producer Equity Covered Call	Enhanced 1.25x new	n/a	15.7%	–	1.74%	-42.0%	High	Medium
SVCC	Global X Silver Miners Covered Call	Sector new	n/a	15.1%	–	0.65%	-24.4%	High	Low
SVCL	Global X Enhanced Silver Miners Covered Call	Enhanced 1.25x new	n/a	19.3%	–	0.85%	-29.0%	High	Low
UBIL.U	Global X 0-3 Month U.S. T-Bill (USD Units)	Cash	n/a	3.7%	+3.5%	0.13%	0.0%	Low	High
UCSH.U	Global X USD High Interest Savings (USD Units)	Cash	n/a	3.6%	+3.3%	0.16%	0.0%	Low	High
URCC	Global X Uranium Covered Call	Sector new	n/a	19.6%	–	0.65%	-31.8%	High	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 →

Risk rating

The fund company's own rating from Low to High, in its ETF Facts, based on how much the fund's returns have varied. It describes past ups and downs, not the chance of a future loss.

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.