QYLG


Nasdaq 100 Covered Call & Growth ETF

Reasons to Consider QYLG

High Income Potential

QYLG seeks to generate income by writing covered calls on the underlying index.

Upside Potential

By writing calls on 50% of the portfolio, the strategy allows investors to capture half the upside potential of the underlying index.

Monthly Distributions

QYLG makes distributions on a monthly basis.

Key Information As of 07/01/22

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $57.65 million
NAV $23.92
Fact Sheet

ETF Summary

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) 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 approximately 50% of the value of the portfolio of stocks in the same index.

ETF Objective

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

Trading Details As of 07/01/22

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 2,410,000
Number of Holdings 104
30-Day Median Bid-Ask Spread 0.35%

Distributions As of 07/01/22

30-Day SEC Yield 0.35%
12-Month Trailing Yield 13.09%
Distribution Yield 5.70%
Distribution Frequency Monthly

ETF Prices As of 07/01/22

NAV $23.92 Daily Change $0.14 0.61%
Market Price $23.88 Daily Change -$0.06 -0.25%

Performance History

As of recent month & quarter-end (06/30/22)
As of recent month & quarter-end (06/30/22)
Fund NAV Market Price Index
1 Year -16.35% -15.79% -15.84%
Since Inception 2.59% 2.97% 3.15%
1 Year -16.35% -15.79% -15.84%
Since Inception 2.59% 2.97% 3.15%
Year-to-Date -23.25% -22.80% -23.06%
1 Month -5.59% -5.14% -5.56%
3 Months -18.31% -18.10% -18.19%
Since Inception 4.66% 5.35% 5.68%
Year-to-Date -23.25% -22.80% -23.06%
1 Month -5.59% -5.14% -5.56%
3 Months -18.31% -18.10% -18.19%
Since Inception 4.66% 5.35% 5.68%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.01 AAPL APPLE INC 2046251 138.93 53,978 7,499,163.54
11.23 MSFT MICROSOFT CORP 2588173 259.58 24,943 6,474,703.94
6.45 AMZN AMAZON.COM INC 2000019 109.56 33,947 3,719,233.32
4.09 TSLA TESLA INC B616C79 681.79 3,457 2,356,948.03
3.95 GOOG ALPHABET INC-CL C BYY88Y7 2,181.62 1,045 2,279,792.90
3.78 GOOGL ALPHABET INC-CL A BYVY8G0 2,174.75 1,003 2,181,274.25
3.18 META META PLATFORMS INC B7TL820 160.03 11,469 1,835,384.07
2.96 NVDA NVIDIA CORP 2379504 145.23 11,749 1,706,307.27
2.25 PEP PEPSICO INC 2681511 169.39 7,668 1,298,882.52
2.07 COST COSTCO WHOLESALE CORP 2701271 485.76 2,457 1,193,512.32
1.88 AVGO BROADCOM INC BDZ78H9 477.84 2,263 1,081,351.92
1.71 CMCSA COMCAST CORP-CLASS A 2044545 40.02 24,652 986,573.04
1.68 CSCO CISCO SYSTEMS INC 2198163 42.22 22,972 969,877.84
1.68 ADBE ADOBE INC 2008154 368.48 2,622 966,154.56
1.65 TMUS T-MOBILE US INC B94Q9V0 136.81 6,958 951,923.98
1.43 INTC INTEL CORP 2463247 36.34 22,698 824,845.32
1.32 TXN TEXAS INSTRUMENTS INC 2885409 148.54 5,120 760,524.80
1.32 QCOM QUALCOMM INC 2714923 123.53 6,149 759,585.97
1.26 AMGN AMGEN INC 2023607 245.55 2,966 728,301.30
1.15 AMD ADVANCED MICRO DEVICES 2007849 73.67 8,999 662,956.36
1.14 HON HONEYWELL INTL 2020459 175.11 3,744 655,611.84
1.04 INTU INTUIT INC 2459020 388.31 1,545 599,938.95
0.88 SBUX STARBUCKS CORP 2842255 79.26 6,384 505,995.84
0.85 ADP AUTOMATIC DATA PROCESSING 2065308 213.23 2,301 490,642.23
0.84 MDLZ MONDELEZ INTER-A B8CKK03 63.34 7,613 482,207.42
0.79 PYPL PAYPAL HOLDINGS INC BYW36M8 71.40 6,383 455,746.20
0.77 NFLX NETFLIX INC 2857817 179.95 2,474 445,196.30
0.77 CHTR CHARTER COMMUN-A BZ6VT82 480.92 925 444,851.00
0.74 GILD GILEAD SCIENCES INC 2369174 62.36 6,882 429,161.52
0.72 ADI ANALOG DEVICES INC 2032067 142.91 2,896 413,867.36
0.72 ISRG INTUITIVE SURGICAL INC 2871301 206.10 2,000 412,200.00
0.71 AMAT APPLIED MATERIALS INC 2046552 86.27 4,763 410,904.01
0.69 BKNG BOOKING HOLDINGS INC BDRXDB4 1,767.98 225 397,795.50
0.69 VRTX VERTEX PHARM 2931034 287.32 1,384 397,650.88
0.62 REGN REGENERON PHARMACEUTICALS 2730190 595.40 601 357,835.40
0.60 CSX CSX CORP 2160753 29.34 11,845 347,532.30
0.60 ATVI ACTIVISION BLIZZARD INC 2575818 78.57 4,365 342,958.05
0.57 FISV FISERV INC 2342034 92.58 3,538 327,548.04
0.56 MU MICRON TECHNOLOGY INC 2588184 53.65 6,048 324,475.20
0.56 MRNA MODERNA INC BGSXTS3 149.95 2,144 321,492.80
0.51 LRCX LAM RESEARCH CORP 2502247 394.83 751 296,517.33
0.49 PANW PALO ALTO NETWORKS INC B87ZMX0 508.25 556 282,587.00
0.49 AEP AMERICAN ELECTRIC POWER 2026242 97.95 2,876 281,704.20
0.48 KDP KEURIG DR PEPPER INC BD3W133 36.07 7,666 276,512.62
0.47 MNST MONSTER BEVERAGE CORP BZ07BW4 94.59 2,864 270,905.76
0.44 SNPS SYNOPSYS INC 2867719 301.23 846 254,840.58
0.44 KHC KRAFT HEINZ CO/THE BYRY499 38.64 6,550 253,092.00
0.44 MAR MARRIOTT INTL-A 2210614 139.18 1,803 250,941.54
0.43 FTNT FORTINET INC B5B2106 57.37 4,355 249,846.35
0.43 KLAC KLA CORP 2480138 296.26 833 246,784.58
0.42 EXC EXELON CORP 2670519 46.07 5,279 243,203.53
0.41 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 636.08 371 235,985.68
0.40 CDNS CADENCE DESIGN SYS INC 2302232 149.64 1,545 231,193.80
0.39 PAYX PAYCHEX INC 2674458 116.36 1,947 226,552.92
0.38 ASML ASML HOLDING-NY B908F01 449.83 480 215,918.40
0.37 CTAS CINTAS CORP 2197137 376.71 573 215,854.83
0.37 CRWD CROWDSTRIKE HO-A BJJP138 179.25 1,199 214,920.75
0.37 AZN ASTRAZENECA PLC-SPONS ADR 2989044 65.95 3,245 214,007.75
0.37 NXPI NXP SEMICONDUCTORS NV B505PN7 146.09 1,443 210,807.87
0.37 XEL XCEL ENERGY INC 2614807 72.63 2,899 210,554.37
0.36 ADSK AUTODESK INC 2065159 173.86 1,196 207,936.56
0.35 MRVL MARVELL TECHNOLOGY INC BNKJSM5 42.55 4,769 202,920.95
0.34 ABNB AIRBNB INC-CLASS A BMGYYH4 91.41 2,146 196,165.86
0.33 EA ELECTRONIC ARTS INC 2310194 122.73 1,570 192,686.10
0.33 CTSH COGNIZANT TECH-A 2257019 68.03 2,786 189,531.58
0.33 BIDU BAIDU INC - SPON ADR B0FXT17 151.49 1,248 189,059.52
0.33 DLTR DOLLAR TREE INC 2272476 156.27 1,209 188,930.43
0.33 JD JD.COM INC-ADR BMM27D9 65.95 2,851 188,023.45
0.32 MELI MERCADOLIBRE INC B23X1H3 659.95 283 186,765.85
0.32 SGEN SEAGEN INC BLPK4D2 180.11 1,035 186,413.85
0.31 LULU LULULEMON ATHLETICA INC B23FN39 263.38 676 178,044.88
0.31 WBA WALGREENS BOOTS BTN1Y44 38.56 4,607 177,645.92
0.30 BIIB BIOGEN INC 2455965 210.63 824 173,559.12
0.29 IDXX IDEXX LABORATORIES INC 2459202 358.44 470 168,466.80
0.29 MCHP MICROCHIP TECHNOLOGY INC 2592174 56.16 2,923 164,155.68
0.28 PDD PINDUODUO INC-ADR BYVW0F7 64.82 2,502 162,179.64
0.28 DDOG DATADOG INC - CLASS A BKT9Y49 101.05 1,599 161,578.95
0.28 WDAY WORKDAY INC-CLASS A B8K6ZD1 142.35 1,124 160,001.40
0.28 DXCM DEXCOM INC B0796X4 77.63 2,052 159,296.76
0.28 ILMN ILLUMINA INC 2613990 191.04 833 159,136.32
0.27 ZM ZOOM VIDEO COM-A BGSP7M9 110.97 1,421 157,688.37
0.27 ODFL OLD DOMINION FREIGHT LINE 2656423 261.01 604 157,650.04
0.27 LCID LUCID GROUP INC BP0TR77 17.00 9,263 157,471.00
0.27 PCAR PACCAR INC 2665861 82.89 1,894 156,993.66
0.27 FAST FASTENAL CO 2332262 49.74 3,085 153,447.90
0.26 VRSK VERISK ANALYTICS INC B4P9W92 175.30 855 149,881.50
0.26 TEAM ATLASSIAN CORP-A BZ09BD1 197.51 750 148,132.50
0.26 CPRT COPART INC 2208073 110.17 1,342 147,848.14
0.24 ROST ROSS STORES INC 2746711 71.38 1,920 137,049.60
0.23 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.21 21,718 134,868.78
0.23 EBAY EBAY INC 2293819 42.89 3,122 133,902.58
0.20 ZS ZSCALER INC BZ00V34 155.37 749 116,372.13
0.20 MTCH MATCH GROUP INC BK80XH9 71.49 1,625 116,171.25
0.20 ANSS ANSYS INC 2045623 240.19 475 114,090.25
0.19 ALGN ALIGN TECHNOLOGY INC 2679204 247.34 436 107,840.24
0.17 CEG CONSTELLATION ENERGY BMH4FS1 57.60 1,704 98,150.40
0.17 VRSN VERISIGN INC 2142922 170.81 570 97,361.70
0.17 NTES NETEASE INC-ADR 2606440 93.47 1,037 96,928.39
0.17 CASH 1.00 95,774 95,774.49
0.15 SWKS SKYWORKS SOLUTIONS INC 2961053 91.12 928 84,559.36
0.14 SPLK SPLUNK INC B424494 91.96 900 82,764.00
0.13 OKTA OKTA INC BDFZSP1 95.98 777 74,576.46
0.12 DOCU DOCUSIGN INC BFYT7B7 61.22 1,128 69,056.16
-0.14 NQX US 07/15/22 C2230 11,290.00 -7 -79,030.00
-2.31 NDX US 07/15/22 C11150 55,560.00 -24 -1,333,440.00
Holdings are subject to change.

ETF Characteristics As of 07/01/22

Return on Equity 25.20%
Weighted Avg. Market Cap 806,518 M
2021 2022
Price-to-earnings 21.93 21.27
Price-to-book value 5.96 4.87

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/01/22

Versus Beta
S&P 500 0.90
MSCI EAFE 0.71
MSCI Emg. Mkts 0.73
Standard Deviation 16.70%

Source: AltaVista Research, LLC

ETF Research

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

QYLG 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. QYLG 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. QYLG 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. 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.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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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