Global X S&P 500 Covered Call & Growth ETF (XYLG)

33.40 -0.31 (-0.93%) USD  |  NYSEARCA  |  Dec 27, 16:00
33.32 -0.08 (-0.23%) After-Hours: 20:00
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XYLG Alpha (5Y)

Alpha (5Y) Chart

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Historical Data

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Alpha Definition

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Alpha measures the excess return that a security provides. Alpha can be measured by taking Risk Adjusted Security Return - Beta*(Risk Adjusted Market Return). This formula will return the outperformance that the security provides. Alpha is an important metric for active investing, where investors look for outperforming a particular benchmark.

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Alpha (5Y) Range, Past 5 Years

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Alpha (5Y) Benchmarks

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