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QYLD

Nasdaq 100 Covered Call ETF

Invest in QYLD
Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider QYLD

High Income Potential

QYLD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1

Monthly Distributions

QYLD has made monthly distributions 9 years running.

Efficient Options Execution

QYLD writes call options on the Nasdaq-100 Index, saving investors the time and potential expense of doing so individually.

1Covered call writing can limit the upside potential of the underlying security

Key Information As of 05/26/23

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $7.54 billion
NAV $17.60
Fact Sheet

ETF Summary

The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index.

ETF Objective

The Global X Nasdaq 100 Covered Call ETF (QYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 BuyWrite V2 Index.

Trading Details As of 05/25/23

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 428,480,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 05/26/23

30-Day SEC Yield 0.28%
12-Month Trailing Yield 12.21%
Distribution Yield 11.25%
Distribution Frequency Monthly
 Distribution History

ETF Prices As of 05/26/23

NAV $17.60 Daily Change $0.13 0.74%
Market Price $17.60 Daily Change $0.13 0.74%

Performance History

Premium Discount Chart
As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -7.43% -7.71% -6.83%
3 Years 8.92% 8.72% 9.50%
5 Years 5.18% 5.13% 6.18%
Since Inception 6.69% 6.67% 7.59%
1 Year 1.33% 0.84% 1.98%
3 Years 7.60% 7.50% 8.22%
5 Years 5.25% 5.15% 6.24%
Since Inception 6.84% 6.81% 7.74%
Year-to-Date 11.10% 11.11% 11.33%
1 Month 5.75% 5.63% 5.82%
3 Months 11.10% 11.11% 11.33%
Since Inception 82.69% 82.31% 97.50%
Year-to-Date 13.21% 13.15% 13.47%
1 Month 1.89% 1.83% 1.92%
3 Months 5.70% 5.58% 5.86%
Since Inception 86.15% 85.66% 101.30%

The Fund’s investment objective and investment strategies changed effective October 15, 2015. Hybrid index performance (noted as "Index" above in the chart) reflects the performance of the Cboe NASDAQ-100 BuyWrite Index through October 14, 2015 and the Cboe NASDAQ-100 BuyWrite V2 Index thereafter. The Fund was also re-organized effective December 24, 2018. Fund returns (NAV & Closing Price) presented above reflect the performance of the predecessor Fund through December 21, 2018.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/26/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.96 MSFT MICROSOFT CORP 2588173 332.89 3,166,055 1,053,948,048.95
12.63 AAPL APPLE INC 2046251 175.43 5,435,107 953,480,821.01
7.06 NVDA NVIDIA CORP 2379504 389.46 1,368,516 532,982,241.36
6.96 AMZN AMAZON.COM INC 2000019 120.11 4,376,323 525,640,155.53
4.28 META META PLATFORMS INC B7TL820 262.04 1,233,234 323,156,637.36
4.28 GOOGL ALPHABET INC-CL A BYVY8G0 124.61 2,592,237 323,018,652.57
4.23 GOOG ALPHABET INC-CL C BYY88Y7 125.43 2,548,451 319,652,208.93
3.46 TSLA TESLA INC B616C79 193.17 1,351,637 261,095,719.29
2.49 AVGO BROADCOM INC BDZ78H9 812.73 230,877 187,640,664.21
1.85 PEP PEPSICO INC 2681511 183.58 762,440 139,968,735.20
1.65 COST COSTCO WHOLESALE CORP 2701271 507.26 245,923 124,746,900.98
1.50 AMD ADVANCED MICRO DEVICES 2007849 127.03 892,586 113,385,199.58
1.50 CSCO CISCO SYSTEMS INC 2198163 49.86 2,268,721 113,118,429.06
1.40 ADBE ADOBE INC 2008154 415.39 253,602 105,343,734.78
1.24 NFLX NETFLIX INC 2857817 378.88 246,782 93,500,764.16
1.22 CMCSA COMCAST CORP-CLASS A 2044545 39.48 2,329,745 91,978,332.60
1.21 TMUS T-MOBILE US INC B94Q9V0 135.15 675,497 91,293,419.55
1.17 TXN TEXAS INSTRUMENTS INC 2885409 176.29 502,043 88,505,160.47
0.95 HON HONEYWELL INTL 2020459 193.75 370,203 71,726,831.25
0.90 QCOM QUALCOMM INC 2714923 110.35 617,251 68,113,647.85
0.88 INTC INTEL CORP 2463247 29.00 2,290,785 66,432,765.00
0.86 INTU INTUIT INC 2459020 418.43 155,551 65,087,204.93
0.85 AMGN AMGEN INC 2023607 216.93 295,753 64,157,698.29
0.84 AMAT APPLIED MATERIALS INC 2046552 136.06 468,015 63,678,120.90
0.83 SBUX STARBUCKS CORP 2842255 98.53 636,534 62,717,695.02
0.79 ISRG INTUITIVE SURGICAL INC 2871301 306.90 194,264 59,619,621.60
0.75 MDLZ MONDELEZ INTER-A B8CKK03 75.13 755,098 56,730,512.74
0.71 BKNG BOOKING HOLDINGS INC BDRXDB4 2,591.13 20,603 53,385,051.39
0.71 GILD GILEAD SCIENCES INC 2369174 77.09 690,476 53,228,794.84
0.66 ADI ANALOG DEVICES INC 2032067 176.53 280,323 49,485,419.19
0.65 ADP AUTOMATIC DATA PROCESSING 2065308 212.48 229,237 48,708,277.76
0.62 LRCX LAM RESEARCH CORP 2502247 628.25 74,832 47,013,204.00
0.62 VRTX VERTEX PHARM 2931034 329.99 142,181 46,918,308.19
0.59 MU MICRON TECHNOLOGY INC 2588184 73.93 604,011 44,654,533.23
0.57 REGN REGENERON PHARMACEUTICALS 2730190 725.05 59,325 43,013,591.25
0.52 FISV FISERV INC 2342034 113.77 347,667 39,554,074.59
0.50 PYPL PAYPAL HOLDINGS INC BYW36M8 60.22 626,459 37,725,360.98
0.50 SNPS SYNOPSYS INC 2867719 444.73 84,314 37,496,965.22
0.48 MELI MERCADOLIBRE INC B23X1H3 1,282.26 27,994 35,895,586.44
0.47 ASML ASML HOLDING-NY B908F01 735.93 48,562 35,738,232.66
0.47 PANW PALO ALTO NETWORKS INC B87ZMX0 211.70 167,520 35,463,984.00
0.47 KLAC KLA CORP 2480138 461.19 76,748 35,395,410.12
0.46 CSX CSX CORP 2160753 30.70 1,141,878 35,055,654.60
0.46 CDNS CADENCE DESIGN SYS INC 2302232 228.33 151,297 34,545,644.01
0.45 ATVI ACTIVISION BLIZZARD INC 2575818 78.66 434,015 34,139,619.90
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 57.61 577,314 33,259,059.54
0.42 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 923.00 34,322 31,679,206.00
0.41 MRVL MARVELL TECHNOLOGY INC BNKJSM5 65.51 471,910 30,914,824.10
0.39 FTNT FORTINET INC B5B2106 67.77 433,835 29,400,997.95
0.39 MAR MARRIOTT INTL-A 2210614 171.76 170,526 29,289,545.76
0.37 CHTR CHARTER COMMUN-A BZ6VT82 330.25 84,487 27,901,831.75
0.36 MRNA MODERNA INC BGSXTS3 126.24 213,775 26,986,956.00
0.35 CTAS CINTAS CORP 2197137 468.72 56,071 26,281,599.12
0.34 KHC KRAFT HEINZ CO/THE BYRY499 38.34 677,887 25,990,187.58
0.34 NXPI NXP SEMICONDUCTORS NV B505PN7 181.18 143,196 25,944,251.28
0.33 DXCM DEXCOM INC B0796X4 115.05 213,793 24,596,884.65
0.32 KDP KEURIG DR PEPPER INC BD3W133 31.41 778,039 24,438,204.99
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 216.07 113,025 24,421,311.75
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 72.52 333,649 24,196,225.48
0.32 ABNB AIRBNB INC-CLASS A BMGYYH4 106.81 226,093 24,148,993.33
0.32 BIIB BIOGEN INC 2455965 298.66 80,003 23,893,695.98
0.32 ADSK AUTODESK INC 2065159 198.90 119,474 23,763,378.60
0.31 MCHP MICROCHIP TECHNOLOGY INC 2592174 78.32 303,009 23,731,664.88
0.31 PDD PDD HOLDINGS INC BYVW0F7 71.42 329,306 23,519,034.52
0.31 AEP AMERICAN ELECTRIC POWER 2026242 82.25 284,773 23,422,579.25
0.31 CPRT COPART INC 2208073 87.88 263,573 23,162,795.24
0.31 LULU LULULEMON ATHLETICA INC B23FN39 340.26 67,928 23,113,181.28
0.29 EXC EXELON CORP 2670519 39.39 549,978 21,663,633.42
0.29 PAYX PAYCHEX INC 2674458 108.17 199,557 21,586,080.69
0.29 IDXX IDEXX LABORATORIES INC 2459202 468.94 45,824 21,488,706.56
0.27 PCAR PACCAR INC 2665861 71.35 289,123 20,628,926.05
0.26 SGEN SEAGEN INC BLPK4D2 193.49 103,099 19,948,625.51
0.26 ROST ROSS STORES INC 2746711 103.37 190,229 19,663,971.73
0.26 XEL XCEL ENERGY INC 2614807 64.32 304,046 19,556,238.72
0.26 EA ELECTRONIC ARTS INC 2310194 126.61 151,878 19,229,273.58
0.25 ODFL OLD DOMINION FREIGHT LINE 2656423 315.83 60,630 19,148,772.90
0.25 CRWD CROWDSTRIKE HO-A BJJP138 154.12 120,780 18,614,613.60
0.25 VRSK VERISK ANALYTICS INC B4P9W92 217.07 85,548 18,569,904.36
0.24 GFS GLOBALFOUNDRIES INC BMW7F63 60.05 301,342 18,095,587.10
0.24 CTSH COGNIZANT TECH-A 2257019 62.88 281,814 17,720,464.32
0.23 CSGP COSTAR GROUP INC 2262864 78.49 224,784 17,643,296.16
0.23 DLTR DOLLAR TREE INC 2272476 142.45 122,393 17,434,882.85
0.23 FAST FASTENAL CO 2332262 55.16 315,495 17,402,704.20
0.23 ILMN ILLUMINA INC 2613990 195.89 87,343 17,109,620.27
0.20 BKR BAKER HUGHES CO BDHLTQ5 27.89 547,080 15,258,061.20
0.20 WBD WARNER BROS DISCOVERY INC BM8JYX3 11.44 1,315,836 15,053,163.84
0.20 ANSS ANSYS INC 2045623 319.40 47,013 15,015,952.20
0.20 DDOG DATADOG INC - CLASS A BKT9Y49 93.16 159,148 14,826,227.68
0.20 CEG CONSTELLATION ENERGY BMH4FS1 83.85 176,697 14,816,043.48
0.19 WBA WALGREENS BOOTS BTN1Y44 30.01 466,318 13,994,203.18
0.18 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 166.15 80,918 13,444,525.70
0.17 FANG DIAMONDBACK ENERGY INC B7Y8YR3 130.99 98,842 12,947,313.58
0.17 EBAY EBAY INC 2293819 44.36 289,704 12,851,269.44
0.16 ENPH ENPHASE ENERGY INC B65SQW4 165.20 73,695 12,174,414.00
0.16 ALGN ALIGN TECHNOLOGY INC 2679204 285.39 41,303 11,787,463.17
0.13 ZS ZSCALER INC BZ00V34 130.62 77,434 10,114,429.08
0.12 CASH 1.00 8,883,647 8,883,647.37
0.12 ZM ZOOM VIDEO COM-A BGSP7M9 66.27 131,531 8,716,559.37
0.11 JD JD.COM INC-ADR BMM27D9 33.10 246,864 8,171,198.40
0.10 LCID LUCID GROUP INC BP0TR77 7.87 974,322 7,667,914.14
0.10 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 15.14 487,987 7,388,123.18
0.10 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.53 2,073,456 7,319,299.68
-4.36 NDX US 06/16/23 C13850 59,760.00 -5,503 -328,859,280.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/26/23

Return on Equity 23.50%
Weighted Avg. Market Cap 1,016,440 M
2022 2023
Price-to-earnings 28.19 26.52
Price-to-book value 6.82 5.74

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus Beta
S&P 500 0.70
NASDAQ-100 0.56
MSCI EAFE 0.64
MSCI Emg. Mkts 0.45
Standard Deviation 14.50%

Source: AltaVista Research, LLC

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ETF Documents

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject QYLD to loss due to adverse occurrences that may affect that industry or sector. Investors in QYLD should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

QYLD engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. QYLD writes covered call index options on the Nasdaq 100 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price. QYLD is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Nasdaq or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.

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