QYLE


Nasdaq 100 ESG Covered Call ETF

Reasons to Consider QYLE

High Income Potential

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

Efficient Options Execution

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

Conscious Approach

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

Key Information As of 09/17/24

Inception Date 02/21/23
Total Expense Ratio 0.61%
Net Assets $3.54 million
NAV $27.21
Fact Sheet View the document

ETF Summary

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.

ETF Objective

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.

Trading Details As of 09/17/24

Ticker QYLE
Bloomberg Index Ticker NQYLEI
CUSIP 37960A610
ISIN US37960A6102
Primary Exchange Nasdaq
Shares Outstanding 130,000
Number of Holdings 94
30-Day Median Bid-Ask Spread 0.41%

Distributions As of 09/17/24

30-Day SEC Yield 0.18%
Trailing 12-Month Distribution (%) 11.50%
Distribution Rate 12.20%
Distribution Frequency Monthly

ETF Prices As of 09/17/24

NAV $27.21 Daily Change -$0.01 -0.04%
Market Price $27.22 Daily Change -$0.01 -0.04%

Performance History

As of recent
(06/30/24)
As of recent
(06/30/24)
Fund NAV Market Price Index
1 Year 13.70% 13.95% 14.79%
Since Inception 20.16% 20.29% 20.44%
1 Year 16.67% 16.39% 17.86%
Since Inception 20.46% 20.00% 20.77%
Year-to-Date 9.37% 9.77% 10.17%
1 Month 2.73% 2.80% 2.67%
3 Months 2.41% 2.51% 2.42%
Since Inception 28.28% 28.46% 28.68%
Year-to-Date 13.27% 12.86% 14.18%
1 Month 3.24% 3.18% 3.19%
3 Months 6.39% 5.70% 6.41%
Since Inception 32.85% 32.08% 33.37%

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.

Options Details As of 09/17/24

Nasdaq 100 Price 19,432.40 Nasdaq 100 Mini Price 194.32

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$1,943,240 19450 0.09% 09/20/2024 3
Short NASDAQ 100 Micro Call Option -$1,651,754 194 0.00% 09/20/2024 3

Top Holdings As of 09/17/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.86 MSFT MICROSOFT CORP 2588173 435.15 883 384,237.45
10.54 AAPL APPLE INC 2046251 216.79 1,720 372,878.80
10.29 NVDA NVIDIA CORP 2379504 115.59 3,148 363,877.32
5.53 AVGO BROADCOM INC BDZ78H9 162.47 1,204 195,613.88
2.62 AMZN AMAZON.COM INC 2000019 186.88 496 92,692.48
2.58 NFLX NETFLIX INC 2857817 706.91 129 91,191.39
2.28 LIN LINDE PLC BNZHB81 471.66 171 80,653.86
2.26 TSLA TESLA INC B616C79 227.87 350 79,754.50
2.15 AMD ADVANCED MICRO DEVICES 2007849 150.82 504 76,013.28
2.05 ADBE ADOBE INC 2008154 515.03 141 72,619.23
2.01 GOOGL ALPHABET INC-CL A BYVY8G0 159.32 446 71,056.72
1.94 GOOG ALPHABET INC-CL C BYY88Y7 160.28 428 68,599.84
1.94 CSCO CISCO SYSTEMS INC 2198163 50.61 1,354 68,525.94
1.90 COST COSTCO WHOLESALE CORP 2701271 897.27 75 67,295.25
1.63 QCOM QUALCOMM INC 2714923 168.70 342 57,695.40
1.57 PEP PEPSICO INC 2681511 176.87 314 55,537.18
1.56 META META PLATFORMS INC B7TL820 536.32 103 55,240.45
1.50 AMAT APPLIED MATERIALS INC 2046552 188.59 282 53,182.38
1.40 INTU INTUIT INC 2459020 644.82 77 49,651.14
1.27 TMUS T-MOBILE US INC B94Q9V0 202.70 222 44,999.40
1.24 TXN TEXAS INSTRUMENTS INC 2885409 201.39 218 43,903.02
1.19 ISRG INTUITIVE SURGICAL INC 2871301 483.32 87 42,048.84
1.05 ADP AUTOMATIC DATA PROCESSING 2065308 279.41 133 37,161.53
1.03 BKNG BOOKING HOLDINGS INC BDRXDB4 4,042.43 9 36,381.87
1.01 AMGN AMGEN INC 2023607 332.80 107 35,609.60
1.00 PANW PALO ALTO NETWORKS INC B87ZMX0 337.93 105 35,482.65
0.98 CMCSA COMCAST CORP-CLASS A 2044545 39.28 886 34,802.08
0.97 REGN REGENERON PHARMACEUTICALS 2730190 1,146.75 30 34,402.50
0.93 LRCX LAM RESEARCH CORP 2502247 766.04 43 32,939.72
0.87 VRTX VERTEX PHARM 2931034 481.26 64 30,800.64
0.82 KLAC KLA CORP 2480138 739.60 39 28,844.40
0.78 ASML ASML HOLDING-NY B908F01 805.69 34 27,393.46
0.73 CDNS CADENCE DESIGN SYS INC 2302232 274.79 94 25,830.26
0.73 INTC INTEL CORP 2463247 21.47 1,194 25,635.18
0.70 MU MICRON TECHNOLOGY INC 2588184 88.73 278 24,666.94
0.70 SNPS SYNOPSYS INC 2867719 502.25 49 24,610.25
0.67 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,127.92 21 23,686.32
0.65 CTAS CINTAS CORP 2197137 203.77 112 22,822.24
0.65 MELI MERCADOLIBRE INC B23X1H3 2,074.26 11 22,816.86
0.64 GILD GILEAD SCIENCES INC 2369174 83.05 272 22,589.60
0.64 SBUX STARBUCKS CORP 2842255 96.44 233 22,470.52
0.61 MDLZ MONDELEZ INTER-A B8CKK03 75.10 288 21,628.80
0.59 PYPL PAYPAL HOLDINGS INC BYW36M8 71.77 289 20,741.53
0.51 MRVL MARVELL TECHNOLOGY INC BNKJSM5 72.77 248 18,046.96
0.48 ADSK AUTODESK INC 2065159 266.89 64 17,080.96
0.48 CRWD CROWDSTRIKE HO-A BJJP138 268.72 63 16,929.36
0.44 FTNT FORTINET INC B5B2106 75.61 206 15,575.66
0.44 MAR MARRIOTT INTL-A 2210614 235.61 66 15,550.26
0.43 WDAY WORKDAY INC-CLASS A B8K6ZD1 248.12 61 15,135.32
0.42 CSX CSX CORP 2160753 34.07 438 14,922.66
0.42 NXPI NXP SEMICONDUCTORS NV B505PN7 232.57 64 14,884.48
0.41 CPRT COPART INC 2208073 50.72 287 14,556.64
0.41 ROP ROPER TECHNOLOGIES INC 2749602 551.83 26 14,347.58
0.40 PAYX PAYCHEX INC 2674458 134.93 104 14,032.72
0.39 ROST ROSS STORES INC 2746711 150.32 92 13,829.44
0.36 EA ELECTRONIC ARTS INC 2310194 142.59 89 12,690.51
0.35 IDXX IDEXX LABORATORIES INC 2459202 512.27 24 12,294.48
0.35 ODFL OLD DOMINION FREIGHT LINE 2656423 194.66 63 12,263.58
0.34 CDW CDW CORP/DE BBM5MD6 223.32 53 11,835.96
0.32 DASH DOORDASH INC - A BN13P03 129.88 87 11,299.56
0.32 CTSH COGNIZANT TECH-A 2257019 76.22 147 11,204.34
0.32 CCEP COCA-COLA EUROPA BYQQ3P5 81.03 138 11,182.14
0.30 VRSK VERISK ANALYTICS INC B4P9W92 267.02 40 10,680.80
0.30 ABNB AIRBNB INC-CLASS A BMGYYH4 122.12 87 10,624.44
0.30 TTD TRADE DESK INC-A BD8FDD1 105.84 100 10,584.00
0.29 AZN ASTRAZENECA PLC-SPONS ADR 2989044 78.53 130 10,208.90
0.29 LULU LULULEMON ATHLETICA INC B23FN39 268.41 38 10,199.58
0.29 DDOG DATADOG INC - CLASS A BKT9Y49 111.93 90 10,073.70
0.28 KDP KEURIG DR PEPPER INC BD3W133 37.50 260 9,750.00
0.27 EXC EXELON CORP 2670519 40.20 237 9,527.40
0.27 PCAR PACCAR INC 2665861 97.99 97 9,505.03
0.27 CHTR CHARTER COMMUN-A BZ6VT82 339.35 28 9,501.80
0.25 PDD PDD HOLDINGS INC BYVW0F7 98.38 91 8,952.58
0.23 ANSS ANSYS INC 2045623 317.25 26 8,248.50
0.23 TTWO TAKE-TWO INTERAC 2122117 152.71 53 8,093.63
0.21 FAST FASTENAL CO 2332262 70.59 105 7,411.95
0.21 TEAM ATLASSIAN CORP-CL A BQ1PC76 155.82 47 7,323.54
0.20 CSGP COSTAR GROUP INC 2262864 75.73 95 7,194.35
0.20 BIIB BIOGEN INC 2455965 198.21 36 7,135.56
0.19 ZS ZSCALER INC BZ00V34 170.32 40 6,812.80
0.19 ON ON SEMICONDUCTOR 2583576 71.42 94 6,713.48
0.19 GFS GLOBALFOUNDRIES INC BMW7F63 39.11 168 6,570.48
0.18 MRNA MODERNA INC BGSXTS3 71.99 87 6,263.13
0.17 MDB MONGODB INC BF2FJ99 286.80 21 6,022.80
0.17 DXCM DEXCOM INC B0796X4 68.94 87 5,997.78
0.15 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.45 621 5,247.45
0.15 MCHP MICROCHIP TECHNOLOGY INC 2592174 77.00 68 5,236.00
0.14 ILMN ILLUMINA INC 2613990 130.21 39 5,078.19
0.13 MNST MONSTER BEVERAGE CORP BZ07BW4 51.07 89 4,545.23
0.13 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 86.79 52 4,513.08
0.11 DLTR DOLLAR TREE INC 2272476 73.50 55 4,042.50
0.09 KHC KRAFT HEINZ CO/THE BYRY499 35.04 90 3,153.60
0.03 CASH 1.00 1,114 1,113.75
0.02 OTHER PAYABLE & RECEIVABLES 1.00 844 843.65
-0.50 NDX US 09/20/24 C19450 17,625.00 -1 -17,625.00
-0.54 XND US 09/20/24 C194 223.50 -85 -18,997.50
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 09/17/24

Return on Equity 23.10%
Weighted Avg. Market Cap 1,081,550 M
2023 2024
Price-to-earnings 35.56 31.16
Price-to-book value 7.86 6.62

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/24

Versus Beta
S&P 500 0.49
NASDAQ-100 0.43
MSCI EAFE 0.32
MSCI Emg. Mkts 0.36
Standard Deviation 8.00%

Source: new windowAltaVista Research, LLC

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.