ETF overview
This ETF offers direct investment exposure to the performance of prominent, highly liquid U.S. large-cap corporations. Its main objective is to produce income by employing a covered call option writing strategy. This method has historically provided elevated returns during market instability, though it's important to recognize that it can also limit the upward potential of the underlying investments. The fund is designed to deliver a stable monthly income along with possibilities for capital appreciation. It achieves this by providing access to the U.S. large-cap equity market and distributing regular U.S. dollar payments sourced from both dividends and call option income. To reduce potential downsides and generate revenue, the fund utilizes an adaptable covered call program. Notably, it does not implement currency hedging to convert its U.S. dollar exposure back to the Canadian dollar.
Fund facts
- Expense ratio
- 0.47%
- Fund assets
- 413.38M USD (all share classes)
- Issuer
- Global X
- Inception date
- Sep 13, 2011
- Number of holdings
- 1
Breakdown
Holdings (1)
| Name | Ticker | Weight |
|---|---|---|
| GLOBAL X S&P 500 INDEX ETF (USSX.U) | HXS.TO | 99.79% |
Similar ETFs
- Global X S&P 500 Covered Call UCITS ETF IncXY7D.DE · Expense ratio 0.45%
- Global X S&P/TSX 60 Covered Call ETFCNCC.TO · Expense ratio 0.50%
- Global X S&P 500 Covered Call & Growth ETFXYLG · Expense ratio 0.35%
- Global X - S&P 500 Covered Call ETFXYLD · Expense ratio 0.60%
Historical returns do not guarantee future returns. This is not investment advice.

Global X S&P 500 Covered Call ETF (TSX) (USCC.TO)
- Expense ratio
- 0.47%
- Fund assets
- 413.38M USD (all share classes)
- Issuer
- Global X
- Inception date
- Sep 13, 2011
- Number of holdings
- 1
| Name | Ticker | Weight |
|---|---|---|
| GLOBAL X S&P 500 INDEX ETF (USSX.U) | HXS.TO | 99.79% |
This ETF offers direct investment exposure to the performance of prominent, highly liquid U.S. large-cap corporations. Its main objective is to produce income by employing a covered call option writing strategy. This method has historically provided elevated returns during market instability, though it's important to recognize that it can also limit the upward potential of the underlying investments. The fund is designed to deliver a stable monthly income along with possibilities for capital appreciation. It achieves this by providing access to the U.S. large-cap equity market and distributing regular U.S. dollar payments sourced from both dividends and call option income. To reduce potential downsides and generate revenue, the fund utilizes an adaptable covered call program. Notably, it does not implement currency hedging to convert its U.S. dollar exposure back to the Canadian dollar.
- Global X S&P 500 Covered Call UCITS ETF IncXY7D.DE · Expense ratio 0.45%
- Global X S&P/TSX 60 Covered Call ETFCNCC.TO · Expense ratio 0.50%
- Global X S&P 500 Covered Call & Growth ETFXYLG · Expense ratio 0.35%
- Global X - S&P 500 Covered Call ETFXYLD · Expense ratio 0.60%
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