Is CMAAX or XYLD a better dividend investment in 2026?

CMAAX currently yields 4.71% with a 5% 5-year dividend growth rate. XYLD yields 10.98% with 0.5% growth. The better choice depends on your goal: XYLD offers higher current income.

What is the dividend yield difference between CMAAX and XYLD?

CMAAX has a forward dividend yield of 4.71% ($1.07/share annually). XYLD yields 10.98% ($4.30/share annually). The yield gap is 6.27 percentage points.

Home › Compare › CMAAX vs XYLD

CMAAX vs XYLD: Dividend Comparison 2026

CMAAX yields 4.71% · XYLD yields 10.98%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 CMAAX wins by $1.9K in total portfolio value

INVESTMENT

TIME HORIZON10 years

CMAAX

● Live price

4.71%

Share price

$22.81

Annual div

$1.07

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$27.2K

Annual income

$636.53

Full CMAAX calculator →

XYLD

Global X S&P 500 Covered Call ETF

● Live price

10.98%

Share price

$39.13

Annual div

$4.30

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$25.3K

Annual income

$3,219.02

Full XYLD calculator →

Portfolio growth — CMAAX vs XYLD

📍 CMAAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	CMAAX	XYLD
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, CMAAX + XYLD cover 0 of 12 months — good coverage

Jan

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Feb

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Mar

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Apr

—

May

—

Jun

—

Jul

—

Aug

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Sep

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Oct

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Nov

—

Dec

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CMAAX pays

XYLD pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

CMAAX

Annual income on $10K today (after 15% tax)

$400.22/yr

After 10yr DRIP, annual income (after tax)

$541.05/yr

XYLD

Annual income on $10K today (after 15% tax)

$933.63/yr

After 10yr DRIP, annual income (after tax)

$2,736.17/yr

At 15% tax rate, XYLD beats the other by $2,195.12/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of CMAAX + XYLD for your $10,000?

CMAAX: 50%XYLD: 50%

100% XYLD50/50100% CMAAX

Portfolio after 10yr

$26.3K

Annual income

$1,927.78/yr

Blended yield

7.34%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

CMAAX buys

XYLD buys

No recent congressional trades found for CMAAX or XYLD in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricCMAAXXYLD

Forward yield	4.71%	10.98% ✓
Annual dividend / share	$1.07	$4.30 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$27.2K ✓	$25.3K
Annual income after 10y	$636.53	$3,219.02 ✓
Total dividends collected	$5.6K	$19.6K ✓
Payment frequency	quarterly	monthly
Sector	Stock	ETF

Year-by-year: CMAAX vs XYLD ($10,000, DRIP)

Year	CMAAX Portfolio	CMAAX Income/yr	XYLD Portfolio	XYLD Income/yr	Gap
1← crossover	$11,171	$470.85	$10,818	$1,098.39	+$353.00 → CMAAX
2	$12,444	$491.57	$11,738	$1,222.51	+$706.00 → CMAAX
3	$13,827	$511.78	$12,774	$1,364.64	+$1.1K → CMAAX
4	$15,327	$531.45	$13,944	$1,527.86	+$1.4K → CMAAX
5	$16,950	$550.54	$15,270	$1,715.87	+$1.7K → CMAAX
6	$18,706	$569.02	$16,775	$1,933.09	+$1.9K → CMAAX
7	$20,602	$586.88	$18,490	$2,184.87	+$2.1K → CMAAX
8	$22,648	$604.08	$20,450	$2,477.63	+$2.2K → CMAAX
9	$24,854	$620.64	$22,697	$2,819.19	+$2.2K → CMAAX
10	$27,230	$636.53	$25,280	$3,219.02	+$1.9K → CMAAX

CMAAX vs XYLD: Complete Analysis 2026

CMAAX — Stock

The fund is a "fund of funds" that seeks to achieve its investment objectives by primarily allocating its assets among underlying Calvert income and equity funds meeting its investment criteria, including the responsible investing criteria. It typically invests 50%-80% of its net assets in funds that invest primarily in equity securities and 20% to 50% of its net assets in funds that invest primarily in income securities. The fund may also invest 0% to 10% of its net assets in cash and short-term money market instruments.

Full CMAAX Calculator →

XYLD — ETF

The Global X S&P 500 Covered Call ETF (XYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 BuyWrite Index.

Full XYLD Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.