business
There Is A 20% Yield S&P 500 ETF That Crushes Most Covered Call ETFs
Key takeaways
- The 20% distribution is largely return of capital: That can improve tax deferral for some investors, though it also means principal may decline over time.
- Total return has held up surprisingly well: XPAY has trailed SPY only modestly while significantly outperforming the long-term return profile of many traditional covered call ETFs.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and TPAY didn't make the cut.
There Is A 20% Yield S&P 500 ETF That Crushes Most Covered Call ETFs Tony Dong Thu, June 25, 2026 at 10:23 PM GMT+7 4 min read SPY Quick Read XPAY is not a covered call ETF: The fund uses FLEX options and collateral cash rather than systematically selling upside through covered calls.
The 20% distribution is largely return of capital: That can improve tax deferral for some investors, though it also means principal may decline over time.
Total return has held up surprisingly well: XPAY has trailed SPY only modestly while significantly outperforming the long-term return profile of many traditional covered call ETFs.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop