NAV | $26.25 | Daily Change | -$0.03 | -0.11% |
Market Price | $26.29 | Daily Change | $0.05 | 0.19% |
QYLE seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1
QYLE writes call options on the Nasdaq-100 Index, saving investors the time and potential expense of doing so individually.
As part of its investment objective, QYLE purchases Nasdaq-100 stocks that are screened for Environmental, Social and Governance (ESG) criteria by Nasdaq.
1Covered call writing can limit the upside potential of the underlying security
Inception Date | 02/21/23 |
Total Expense Ratio | 0.61% |
Net Assets | $2.36 million |
NAV | $26.25 |
Fact Sheet | View the document |
The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 ESG Index and “writes” or “sells” call options on the Nasdaq-100 Index.
The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 ESG BuyWrite Index.
Ticker | QYLE |
Bloomberg Index Ticker | NQYLEI |
CUSIP | 37960A610 |
ISIN | US37960A6102 |
Primary Exchange | Nasdaq |
Shares Outstanding | 90,000 |
Number of Holdings | 96 |
30-Day Median Bid-Ask Spread | 0.86% |
30-Day SEC Yield | 0.24% |
12-Month Trailing Yield | 12.22% |
Distribution Yield | 11.39% |
Distribution Frequency | Monthly |
NAV | $26.25 | Daily Change | -$0.03 | -0.11% |
Market Price | $26.29 | Daily Change | $0.05 | 0.19% |
As of recent month-end (04/30/24)
As of recent (03/31/24)
|
Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | 17.34% | 17.39% | 17.82% |
Since Inception | 22.56% | 22.61% | 22.91% |
1 Year | 12.10% | 12.28% | 13.13% |
Since Inception | 17.85% | 18.02% | 18.79% |
Year-to-Date | 6.80% | 7.08% | 7.57% |
1 Month | 1.98% | 1.67% | 2.47% |
3 Months | 6.80% | 7.08% | 7.57% |
Since Inception | 25.26% | 25.32% | 25.65% |
Year-to-Date | 3.65% | 4.05% | 5.07% |
1 Month | -2.94% | -2.83% | -2.33% |
3 Months | 1.07% | 1.15% | 2.23% |
Since Inception | 21.57% | 21.77% | 22.72% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
11.57 | MSFT | MICROSOFT CORP | 2588173 | 409.34 | 668 | 273,439.12 |
9.86 | AAPL | APPLE INC | 2046251 | 182.40 | 1,277 | 232,924.80 |
9.24 | NVDA | NVIDIA CORP | 2379504 | 905.54 | 241 | 218,235.14 |
4.80 | AVGO | BROADCOM INC | BDZ78H9 | 1,303.11 | 87 | 113,370.57 |
2.84 | AMZN | AMAZON.COM INC | 2000019 | 188.76 | 355 | 67,009.80 |
2.48 | AMD | ADVANCED MICRO DEVICES | 2007849 | 154.43 | 380 | 58,683.40 |
2.47 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 171.25 | 341 | 58,396.25 |
2.46 | NFLX | NETFLIX INC | 2857817 | 606.00 | 96 | 58,176.00 |
2.40 | GOOG | ALPHABET INC-CL C | BYY88Y7 | 172.98 | 328 | 56,737.44 |
2.37 | LIN | LINDE PLC | BNZHB81 | 430.00 | 130 | 55,900.00 |
2.25 | ADBE | ADOBE INC | 2008154 | 492.27 | 108 | 53,165.16 |
1.99 | CSCO | CISCO SYSTEMS INC | 2198163 | 47.28 | 995 | 47,043.60 |
1.95 | QCOM | QUALCOMM INC | 2714923 | 180.15 | 256 | 46,118.40 |
1.95 | TSLA | TESLA INC | B616C79 | 177.81 | 259 | 46,052.79 |
1.86 | COST | COSTCO WHOLESALE CORP | 2701271 | 771.31 | 57 | 43,964.67 |
1.86 | AMAT | APPLIED MATERIALS INC | 2046552 | 207.32 | 212 | 43,951.84 |
1.75 | PEP | PEPSICO INC | 2681511 | 178.02 | 232 | 41,300.64 |
1.61 | META | META PLATFORMS INC | B7TL820 | 468.24 | 81 | 37,927.44 |
1.57 | INTU | INTUIT INC | 2459020 | 641.15 | 58 | 37,186.70 |
1.28 | LRCX | LAM RESEARCH CORP | 2502247 | 914.91 | 33 | 30,192.03 |
1.26 | TXN | TEXAS INSTRUMENTS INC | 2885409 | 182.67 | 163 | 29,775.21 |
1.16 | TMUS | T-MOBILE US INC | B94Q9V0 | 162.19 | 169 | 27,410.11 |
1.07 | BKNG | BOOKING HOLDINGS INC | BDRXDB4 | 3,605.41 | 7 | 25,237.87 |
1.07 | INTC | INTEL CORP | 2463247 | 30.68 | 822 | 25,218.96 |
1.04 | AMGN | AMGEN INC | 2023607 | 300.30 | 82 | 24,624.60 |
1.04 | MU | MICRON TECHNOLOGY INC | 2588184 | 119.21 | 206 | 24,557.26 |
1.04 | ADP | AUTOMATIC DATA PROCESSING | 2065308 | 245.12 | 100 | 24,512.00 |
1.02 | ISRG | INTUITIVE SURGICAL INC | 2871301 | 388.65 | 62 | 24,096.30 |
1.01 | CMCSA | COMCAST CORP-CLASS A | 2044545 | 38.49 | 620 | 23,863.80 |
1.01 | PANW | PALO ALTO NETWORKS INC | B87ZMX0 | 305.52 | 78 | 23,830.56 |
0.94 | REGN | REGENERON PHARMACEUTICALS | 2730190 | 969.97 | 23 | 22,309.31 |
0.92 | ASML | ASML HOLDING-NY | B908F01 | 908.22 | 24 | 21,797.28 |
0.88 | KLAC | KLA CORP | 2480138 | 714.38 | 29 | 20,717.02 |
0.87 | CDNS | CADENCE DESIGN SYS INC | 2302232 | 284.04 | 72 | 20,450.88 |
0.84 | SNPS | SYNOPSYS INC | 2867719 | 549.61 | 36 | 19,785.96 |
0.71 | VRTX | VERTEX PHARM | 2931034 | 410.24 | 41 | 16,819.84 |
0.69 | ORLY | O'REILLY AUTOMOTIVE INC | B65LWX6 | 1,020.71 | 16 | 16,331.36 |
0.65 | MDLZ | MONDELEZ INTER-A | B8CKK03 | 70.89 | 217 | 15,383.13 |
0.65 | CTAS | CINTAS CORP | 2197137 | 692.78 | 22 | 15,241.16 |
0.61 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 65.92 | 219 | 14,436.48 |
0.61 | CRWD | CROWDSTRIKE HO-A | BJJP138 | 312.55 | 46 | 14,377.30 |
0.57 | MELI | MERCADOLIBRE INC | B23X1H3 | 1,688.69 | 8 | 13,509.52 |
0.55 | GILD | GILEAD SCIENCES INC | 2369174 | 65.46 | 198 | 12,961.08 |
0.54 | MRVL | MARVELL TECHNOLOGY INC | BNKJSM5 | 68.68 | 185 | 12,705.80 |
0.53 | NXPI | NXP SEMICONDUCTORS NV | B505PN7 | 258.65 | 48 | 12,415.20 |
0.53 | SBUX | STARBUCKS CORP | 2842255 | 72.50 | 171 | 12,397.50 |
0.50 | CPRT | COPART INC | 2208073 | 55.93 | 213 | 11,913.09 |
0.48 | MAR | MARRIOTT INTL-A | 2210614 | 235.99 | 48 | 11,327.52 |
0.47 | CSX | CSX CORP | 2160753 | 33.96 | 326 | 11,070.96 |
0.47 | WDAY | WORKDAY INC-CLASS A | B8K6ZD1 | 249.43 | 44 | 10,974.92 |
0.43 | ABNB | AIRBNB INC-CLASS A | BMGYYH4 | 159.81 | 63 | 10,068.03 |
0.42 | ROP | ROPER TECHNOLOGIES INC | 2749602 | 520.26 | 19 | 9,884.94 |
0.42 | ADSK | AUTODESK INC | 2065159 | 214.62 | 46 | 9,872.52 |
0.40 | PAYX | PAYCHEX INC | 2674458 | 121.79 | 78 | 9,499.62 |
0.39 | LULU | LULULEMON ATHLETICA INC | B23FN39 | 349.85 | 26 | 9,096.10 |
0.39 | PDD | PDD HOLDINGS INC | BYVW0F7 | 137.65 | 66 | 9,084.90 |
0.38 | ROST | ROSS STORES INC | 2746711 | 131.58 | 68 | 8,947.44 |
0.38 | ODFL | OLD DOMINION FREIGHT LINE | 2656423 | 184.79 | 48 | 8,869.92 |
0.38 | FTNT | FORTINET INC | B5B2106 | 59.43 | 149 | 8,855.07 |
0.36 | EA | ELECTRONIC ARTS INC | 2310194 | 130.24 | 66 | 8,595.84 |
0.36 | CDW | CDW CORP/DE | BBM5MD6 | 220.68 | 38 | 8,385.84 |
0.35 | IDXX | IDEXX LABORATORIES INC | 2459202 | 483.68 | 17 | 8,222.56 |
0.34 | DXCM | DEXCOM INC | B0796X4 | 130.10 | 62 | 8,066.20 |
0.34 | PCAR | PACCAR INC | 2665861 | 106.60 | 75 | 7,995.00 |
0.33 | MRNA | MODERNA INC | BGSXTS3 | 121.07 | 65 | 7,869.55 |
0.32 | CTSH | COGNIZANT TECH-A | 2257019 | 67.66 | 112 | 7,577.92 |
0.31 | DDOG | DATADOG INC - CLASS A | BKT9Y49 | 112.40 | 66 | 7,418.40 |
0.31 | CCEP | COCA-COLA EUROPA | BYQQ3P5 | 73.30 | 101 | 7,403.30 |
0.31 | DASH | DOORDASH INC - A | BN13P03 | 115.56 | 63 | 7,280.28 |
0.30 | VRSK | VERISK ANALYTICS INC | B4P9W92 | 247.00 | 29 | 7,163.00 |
0.30 | AZN | ASTRAZENECA PLC-SPONS ADR | 2989044 | 76.32 | 93 | 7,097.76 |
0.30 | KDP | KEURIG DR PEPPER INC | BD3W133 | 33.81 | 207 | 6,998.67 |
0.28 | CSGP | COSTAR GROUP INC | 2262864 | 92.46 | 71 | 6,564.66 |
0.28 | GFS | GLOBALFOUNDRIES INC | BMW7F63 | 53.26 | 123 | 6,550.98 |
0.27 | TTD | TRADE DESK INC-A | BD8FDD1 | 89.64 | 72 | 6,454.08 |
0.26 | ANSS | ANSYS INC | 2045623 | 325.04 | 19 | 6,175.76 |
0.25 | EXC | EXELON CORP | 2670519 | 37.91 | 153 | 5,800.23 |
0.24 | CHTR | CHARTER COMMUN-A | BZ6VT82 | 268.00 | 21 | 5,628.00 |
0.23 | TEAM | ATLASSIAN CORP-CL A | BQ1PC76 | 184.12 | 30 | 5,523.60 |
0.23 | TTWO | TAKE-TWO INTERAC | 2122117 | 148.33 | 37 | 5,488.21 |
0.23 | ZS | ZSCALER INC | BZ00V34 | 176.89 | 30 | 5,306.70 |
0.22 | FAST | FASTENAL CO | 2332262 | 66.41 | 79 | 5,246.39 |
0.21 | BIIB | BIOGEN INC | 2455965 | 218.92 | 23 | 5,035.16 |
0.21 | MDB | MONGODB INC | BF2FJ99 | 355.31 | 14 | 4,974.34 |
0.20 | ON | ON SEMICONDUCTOR | 2583576 | 70.79 | 68 | 4,813.72 |
0.20 | DLTR | DOLLAR TREE INC | 2272476 | 121.67 | 39 | 4,745.13 |
0.20 | MCHP | MICROCHIP TECHNOLOGY INC | 2592174 | 92.06 | 50 | 4,603.00 |
0.16 | MNST | MONSTER BEVERAGE CORP | BZ07BW4 | 54.67 | 71 | 3,881.57 |
0.16 | CASH | 1.00 | 3,697 | 3,696.93 | ||
0.14 | ILMN | ILLUMINA INC | 2613990 | 112.82 | 30 | 3,384.60 |
0.14 | WBD | WARNER BROS DISCOVERY INC | BM8JYX3 | 7.77 | 434 | 3,372.18 |
0.13 | WBA | WALGREENS BOOTS | BTN1Y44 | 17.35 | 183 | 3,175.05 |
0.12 | GEHC | GE HEALTHCARE TECHNOLOGY | BL6JPG8 | 81.43 | 36 | 2,931.48 |
0.11 | SIRI | SIRIUS XM HOLDINGS INC | BGLDK10 | 3.13 | 818 | 2,560.34 |
0.10 | KHC | KRAFT HEINZ CO/THE | BYRY499 | 35.81 | 68 | 2,435.08 |
0.01 | OTHER PAYABLE & RECEIVABLES | 1.00 | 143 | 143.37 | ||
-0.95 | NQX US 05/17/24 C3400 | 22,435.00 | -1 | -22,435.00 | ||
-3.71 | NDX US 05/17/24 C17250 | 87,535.00 | -1 | -87,535.00 |
Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject QYLE to loss due to adverse occurrences that may affect that industry or sector. Investors in QYLE should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.
QYLE 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. QYLE 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. QYLE is non-diversified.
Companies with favorable ESG attributes may underperform the stock market as a whole. As a result, the Fund may underperform other funds that do not screen companies based on ESG attributes. The criteria used to select companies for investment may result in the Fund investing in securities, industries or sectors that underperform the market as a whole, forgoing opportunities to invest in securities that might otherwise be advantageous to buy or underperform other funds screened for ESG standards.
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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. 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, nor does this entity 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 Nasdaq.