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 02/22/24

Inception Date 02/21/23
Total Expense Ratio 0.60%
Net Assets $2.93 million
NAV $26.60
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 02/22/24

Ticker QYLE
Bloomberg Index Ticker NQYLEI
CUSIP 37960A610
ISIN US37960A6102
Primary Exchange Nasdaq
Shares Outstanding 110,000
Number of Holdings 96
30-Day Median Bid-Ask Spread 0.42%

Distributions As of 02/22/24

30-Day SEC Yield 0.17%
Distribution Frequency Monthly

ETF Prices As of 02/22/24

NAV $26.60 Daily Change $0.57 2.19%
Market Price $26.51 Daily Change $0.46 1.77%

Performance History

As of recent
(12/31/23)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month 2.40% 2.21% 2.51%
3 Months 6.81% 6.57% 6.86%
Since Inception 17.29% 17.03% 16.80%
Year-to-Date 2.56% 2.87% 2.78%
1 Month 2.56% 2.87% 2.78%
3 Months 9.68% 10.22% 9.60%
Since Inception 20.28% 20.39% 20.05%

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 02/22/24

Nasdaq 100 Price 18,004.70 Nasdaq 100 Mini Price 3,600.94

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$1,800,470 17750 0.00% 03/15/2024 22
Short NASDAQ 100 Reduced Value Call Option -$720,188 3550 0.00% 03/15/2024 22

Top Holdings As of 02/22/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.20 MSFT MICROSOFT CORP 2588173 411.65 938 386,127.70
11.37 AAPL APPLE INC 2046251 184.37 1,804 332,603.48
8.91 NVDA NVIDIA CORP 2379504 785.38 332 260,746.16
3.79 AVGO BROADCOM INC BDZ78H9 1,304.90 85 110,916.50
3.19 AMZN AMAZON.COM INC 2000019 174.58 534 93,225.72
2.73 GOOGL ALPHABET INC-CL A BYVY8G0 144.09 555 79,969.95
2.66 GOOG ALPHABET INC-CL C BYY88Y7 145.32 536 77,891.52
2.61 AMD ADVANCED MICRO DEVICES 2007849 181.86 420 76,381.20
2.44 TSLA TESLA INC B616C79 197.41 361 71,265.01
2.35 ADBE ADOBE INC 2008154 537.57 128 68,808.96
2.17 NFLX NETFLIX INC 2857817 588.47 108 63,554.76
2.03 META META PLATFORMS INC B7TL820 486.13 122 59,307.86
1.83 CSCO CISCO SYSTEMS INC 2198163 48.57 1,105 53,669.85
1.63 AMAT APPLIED MATERIALS INC 2046552 199.73 238 47,535.74
1.58 COST COSTCO WHOLESALE CORP 2701271 734.40 63 46,267.20
1.49 QCOM QUALCOMM INC 2714923 154.75 282 43,639.50
1.47 PEP PEPSICO INC 2681511 168.25 256 43,072.00
1.44 INTU INTUIT INC 2459020 657.92 64 42,106.88
1.35 INTC INTEL CORP 2463247 42.98 919 39,498.62
1.16 LRCX LAM RESEARCH CORP 2502247 944.36 36 33,996.96
1.07 BKNG BOOKING HOLDINGS INC BDRXDB4 3,901.99 8 31,215.92
1.03 TXN TEXAS INSTRUMENTS INC 2885409 165.43 182 30,108.26
1.03 TMUS T-MOBILE US INC B94Q9V0 163.55 184 30,093.20
1.01 CMCSA COMCAST CORP-CLASS A 2044545 41.91 703 29,462.73
0.98 AMGN AMGEN INC 2023607 285.18 100 28,518.00
0.97 ADP AUTOMATIC DATA PROCESSING 2065308 254.76 111 28,278.36
0.92 ISRG INTUITIVE SURGICAL INC 2871301 389.08 69 26,846.52
0.91 ASML ASML HOLDING-NY B908F01 951.85 28 26,651.80
0.82 REGN REGENERON PHARMACEUTICALS 2730190 964.89 25 24,122.25
0.82 CDNS CADENCE DESIGN SYS INC 2302232 305.57 78 23,834.46
0.79 SNPS SYNOPSYS INC 2867719 580.90 40 23,236.00
0.78 PANW PALO ALTO NETWORKS INC B87ZMX0 267.82 85 22,764.70
0.76 CASH 1.00 22,298 22,298.37
0.75 KLAC KLA CORP 2480138 683.77 32 21,880.64
0.72 MU MICRON TECHNOLOGY INC 2588184 85.91 245 21,047.95
0.67 VRTX VERTEX PHARM 2931034 426.78 46 19,631.88
0.65 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,054.81 18 18,986.58
0.64 MDLZ MONDELEZ INTER-A B8CKK03 74.13 252 18,680.76
0.63 SBUX STARBUCKS CORP 2842255 95.78 191 18,293.98
0.56 MELI MERCADOLIBRE INC B23X1H3 1,817.98 9 16,361.82
0.54 GILD GILEAD SCIENCES INC 2369174 72.78 218 15,866.04
0.53 WDAY WORKDAY INC-CLASS A B8K6ZD1 306.62 51 15,637.62
0.51 CTAS CINTAS CORP 2197137 627.10 24 15,050.40
0.50 CSX CSX CORP 2160753 37.89 383 14,511.87
0.49 PYPL PAYPAL HOLDINGS INC BYW36M8 58.35 246 14,354.10
0.49 MRVL MARVELL TECHNOLOGY INC BNKJSM5 69.87 204 14,253.48
0.47 MAR MARRIOTT INTL-A 2210614 249.31 55 13,712.05
0.47 LULU LULULEMON ATHLETICA INC B23FN39 455.26 30 13,657.80
0.47 ADSK AUTODESK INC 2065159 256.98 53 13,619.94
0.43 NXPI NXP SEMICONDUCTORS NV B505PN7 239.50 53 12,693.50
0.43 ABNB AIRBNB INC-CLASS A BMGYYH4 155.26 80 12,420.80
0.42 ROP ROPER TECHNOLOGIES INC 2749602 555.31 22 12,216.82
0.42 CPRT COPART INC 2208073 49.41 247 12,204.27
0.41 CRWD CROWDSTRIKE HO-A BJJP138 310.91 39 12,125.49
0.40 ODFL OLD DOMINION FREIGHT LINE 2656423 436.93 27 11,797.11
0.40 ROST ROSS STORES INC 2746711 146.90 79 11,605.10
0.40 FTNT FORTINET INC B5B2106 66.96 173 11,584.08
0.38 PAYX PAYCHEX INC 2674458 124.71 90 11,223.90
0.38 EA ELECTRONIC ARTS INC 2310194 143.52 77 11,051.04
0.37 IDXX IDEXX LABORATORIES INC 2459202 571.31 19 10,854.89
0.37 CTSH COGNIZANT TECH-A 2257019 79.46 136 10,806.56
0.35 CDW CDW CORP/DE BBM5MD6 246.94 42 10,371.48
0.35 PDD PDD HOLDINGS INC BYVW0F7 131.63 77 10,135.51
0.32 DDOG DATADOG INC - CLASS A BKT9Y49 131.12 72 9,440.64
0.31 PCAR PACCAR INC 2665861 110.52 83 9,173.16
0.30 CCEP COCA-COLA EUROPA BYQQ3P5 68.62 129 8,851.98
0.30 DASH DOORDASH INC - A BN13P03 121.41 72 8,741.52
0.29 VRSK VERISK ANALYTICS INC B4P9W92 240.01 35 8,400.35
0.28 DXCM DEXCOM INC B0796X4 117.50 69 8,107.50
0.27 GFS GLOBALFOUNDRIES INC BMW7F63 54.11 146 7,900.06
0.26 KDP KEURIG DR PEPPER INC BD3W133 30.37 251 7,622.87
0.26 ANSS ANSYS INC 2045623 340.34 22 7,487.48
0.25 CHTR CHARTER COMMUN-A BZ6VT82 297.00 25 7,425.00
0.25 AZN ASTRAZENECA PLC-SPONS ADR 2989044 64.13 113 7,246.69
0.25 ZS ZSCALER INC BZ00V34 226.15 32 7,236.80
0.25 MDB MONGODB INC BF2FJ99 449.98 16 7,199.68
0.24 TTD TRADE DESK INC-A BD8FDD1 83.50 85 7,097.50
0.24 MRNA MODERNA INC BGSXTS3 99.44 70 6,960.80
0.23 TTWO TAKE-TWO INTERAC 2122117 152.44 45 6,859.80
0.23 FAST FASTENAL CO 2332262 72.06 95 6,845.70
0.23 DLTR DOLLAR TREE INC 2272476 144.76 47 6,803.72
0.23 TEAM ATLASSIAN CORP-CL A BQ1PC76 205.43 33 6,779.19
0.23 CSGP COSTAR GROUP INC 2262864 82.47 81 6,680.07
0.23 EXC EXELON CORP 2670519 36.03 185 6,665.55
0.22 ON ON SEMICONDUCTOR 2583576 78.36 82 6,425.52
0.21 BIIB BIOGEN INC 2455965 222.48 27 6,006.96
0.18 SPLK SPLUNK INC B424494 155.63 33 5,135.79
0.17 WBD WARNER BROS DISCOVERY INC BM8JYX3 9.56 526 5,028.56
0.17 ILMN ILLUMINA INC 2613990 135.55 36 4,879.80
0.16 WBA WALGREENS BOOTS BTN1Y44 21.57 223 4,810.11
0.16 SIRI SIRIUS XM HOLDINGS INC BGLDK10 4.73 992 4,692.16
0.16 MNST MONSTER BEVERAGE CORP BZ07BW4 55.11 85 4,684.35
0.14 MCHP MICROCHIP TECHNOLOGY INC 2592174 83.90 48 4,027.20
0.13 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 87.64 44 3,856.16
0.10 KHC KRAFT HEINZ CO/THE BYRY499 36.41 82 2,985.62
-0.66 NQX US 03/15/24 C3550 9,575.00 -2 -19,150.00
-0.84 OTHER PAYABLE & RECEIVABLES 1.00 -24,520 -24,519.76
-1.61 NDX US 03/15/24 C17750 47,190.00 -1 -47,190.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 02/22/24

Return on Equity 26.30%
Weighted Avg. Market Cap 1,183,620 M
2023 2024
Price-to-earnings 31.05 26.48
Price-to-book value 7.82 6.27

Source: new windowAltaVista Research, LLC

ETF Research

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.