Global X S&P/ASX 200 Covered Call ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Australian equity funds would cost $187 (0.37% a year), so AYLD is $145 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 199 securities · top 10 = 48.7%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.1 | 0.8 | −0.5 | 2.2 | 1.5 | 0.6 | 1.7 | 2.6 | −2.1 | 0.6 | 8.7YTD | ||
| 2025 | 3.0 | −1.8 | −2.7 | 1.7 | 1.1 | 0.9 | 1.5 | 1.2 | 1.3 | 0.2 | −0.8 | 0.8 | 6.3 |
| 2024 | 0.4 | 1.4 | 1.7 | −0.3 | 0.9 | 2.3 | 1.4 | 0.8 | 1.0 | 0.0 | 1.9 | −0.2 | 11.7 |
| 2023 | −0.3 | 0.9 | 1.6 | 0.0 | 1.3 | 1.6 | 0.6 | −0.3 | −2.5 | 4.2 | 3.3 | 10.7 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
AYLD questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X S&P/ASX 200 Covered Call ETF?
Global X S&P/ASX 200 Covered Call ETF holds 199 securities, and its ten largest positions make up 48.7% of the fund, close to the 53.0% typical of Australian equity funds. That makes it moderately diversified.
Its country exposure is almost entirely Australia (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does AYLD double up with most?
AYLD shares the most holdings with Betashares Geared Australian Equities Complex ETF (GEAR) (100% overlap), SPDR S&P/ASX 200 ETF (STW) (99% overlap) and Betashares Managed Risk Australian Shares Complex ETF (AUST) (99% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 100%, owning both AYLD and GEAR would mostly double up on the same investments rather than spread your money further. Of these, STW has the lowest fee, at 0.05% a year against 0.60% for AYLD.
How is Global X S&P/ASX 200 Covered Call ETF managed – active or passive?
Global X S&P/ASX 200 Covered Call ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Australian equity funds, active funds charge a median 0.85% a year and index funds 0.34%.
What will I pay in fees for AYLD?
AYLD charges a management fee of 0.60% a year, about $60 for every $10,000 invested. Only 30% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Australian equity funds, the median is 0.35%.
It is the cheapest of the 2 covered-call Australian equity funds we track.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.32% for AYLD.
Does Global X S&P/ASX 200 Covered Call ETF follow a theme?
Its focus is income. It sells options over its holdings (a "covered call" strategy), trading away some upside in rising markets for higher regular payments. Over the past year it paid out 7.5% of its price, across 4 payments.
What is under the hood of AYLD?
As at 2 Sept 2026, AYLD's ten largest holdings are BHP Group Ltd (11.8%), Commonw Bk Austr (9.8%), Natl Aust Bank (4.4%), Westpac Banking (4.3%), ANZ Group Holdin (4.2%), Macquarie Group (3.2%), Wesfarmers Ltd (3.2%), CSL Ltd (3.1%), Rio Tinto Ltd (2.4%) and Woodside Energy (2.3%). Together they make up 48.7% of the fund.
It holds a portfolio of shares and sells call options over them, collecting option income in exchange for giving up some of the gain when prices rise sharply. The PDS sets out the exact rules.
How well has Global X S&P/ASX 200 Covered Call ETF performed?
Based on its category, Global X S&P/ASX 200 Covered Call ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 8.3% over 1 year (median 0.6%; ranked 10 of 65) and 11.1% a year over 3 years (median 11.6% a year; ranked 29 of 54). The medians and rankings compare it with Australian equity funds. Since listing in 2023 it has returned 10.0% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for AYLD; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.60% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.