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Data as of .

TPAY vs XYLG: which paid, and which earned it?

TPAY and XYLG both write options for income.

Roundhill S&P 500 Target 10 Managed Distribution ETF and Global X S&P 500 Covered Call & Growth ETF.

5.8%TPAY cash paid, 1 year
13.2%XYLG cash paid, 1 year
+11.0%TPAY total return, 1 year
+17.2%XYLG total return, 1 year
TPAY0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+11.8%TPAY+11.0%5.8% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+11.8%TPAY+11.0%0.8 pts behind SPY
XYLG0.7 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%XYLG+17.2%13.2% of it arrived as cash0.7 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%XYLG+17.2%13.2% as cash0.7 pts ahead of SPY

What they hold in common

By the books each fund has filed, TPAY and XYLG hold 0% of their money in the same securities at the same weight.

Only in each
Only in TPAYOnly in XYLG
SPY 03/12/2027 33.67 C 61.75%NVIDIA CORP 8.20%
SPY 04/16/2027 33.18 C 33.20%APPLE INC 7.50%
SPYM 03/12/2027 3.33 C 5.05%MICROSOFT CORP 5.59%
AMAZON.COM INC 3.81%
ALPHABET INC-CL A 3.12%
BROADCOM INC 2.59%
ALPHABET INC-CL C 2.48%
META PLATFORMS INC 2.24%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.

Performance, window by window

TPAY and XYLG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
TPAYXYLGTPAYXYLGTPAYXYLG
3 months+1.5%+3.6%2.4%1.3%−0.8 pts+1.3 pts
6 months+17.3%+15.7%5.3%3.0%−0.7 pts−2.3 pts
1 yearnot published+17.2%not published13.2%not published+0.7 pts
3 yearsnot published+60.9%not published43.0%not published−17.5 pts
Since launch+11.0%+114.0%5.8%69.0%−0.8 pts−38.7 pts
Open the live comparison on ETFIQ
TPAY and XYLG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
TPAY
Roundhill S&P 500 Target 10 Managed Distribution ETF
Option income on SPY, paying monthly
XYLG
Global X S&P 500 Covered Call & Growth ETF
Covered call on SPY, paying monthly
IssuerRoundhillGlobal X
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized9.5%4.4%
Expense ratio0.49%0.35%
Cash paid, 1 year5.8% (since launch on Feb 18, 2026)13.2%
Price change, 1 year+4.9%+2.6%
Total return, 1 year+11.0% (since launch on Feb 18, 2026)+17.2%
Benchmark return, 1 year+11.8%+16.6%
Ahead or behind−0.8 pts+0.7 pts
Return of capital, latest estimatenot published80%
Age212 days2188 days
Net assets$2m$65m

TPAY in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.

XYLG in plain words

Over the year to Sep 18, 2026, XYLG paid 13.2% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +17.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.4%, paid monthly. Global X estimates that 80% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, TPAY or XYLG?
TPAY charges 0.49% a year and XYLG charges 0.35%, so XYLG is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

TPAY against XYLG, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, TPAY against XYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/tpay-vs-xylg Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources