NAV | $24.82 | Daily Change | $0.49 | 2.01% |
Market Price | $24.82 | Daily Change | $0.49 | 2.01% |
QYLG seeks to generate income by writing covered calls on the underlying index.
By writing calls on 50% of the portfolio, the strategy allows investors to capture half the upside potential of the underlying index.
QYLG makes distributions on a monthly basis.
Inception Date | 09/18/20 |
Total Expense Ratio | 0.60% |
Net Assets | $69.74 million |
NAV | $24.82 |
Fact Sheet |
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.
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.
Ticker | QYLG |
Bloomberg Index Ticker | BXNH |
CUSIP | 37954Y269 |
ISIN | US37954Y2697 |
Primary Exchange | Nasdaq |
Shares Outstanding | 2,810,000 |
Number of Holdings | 103 |
30-Day Median Bid-Ask Spread | 0.35% |
30-Day SEC Yield | 0.38% |
12-Month Trailing Yield | 6.21% |
Distribution Yield | 6.03% |
Distribution Frequency | Monthly |
NAV | $24.82 | Daily Change | $0.49 | 2.01% |
Market Price | $24.82 | Daily Change | $0.49 | 2.01% |
As of recent (12/31/22)
As of recent (12/31/22)
|
Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | -26.25% | -26.48% | -25.80% |
Since Inception | 0.25% | 0.14% | 0.83% |
1 Year | -13.67% | -13.48% | -13.10% |
Since Inception | 3.90% | 3.95% | 4.52% |
Year-to-Date | -26.25% | -26.48% | -25.80% |
1 Month | -6.18% | -6.39% | -6.14% |
3 Months | 2.25% | 1.93% | 2.47% |
Since Inception | 0.56% | 0.33% | 1.91% |
Year-to-Date | 8.87% | 9.25% | 8.96% |
1 Month | 8.87% | 9.25% | 8.96% |
3 Months | 6.94% | 6.89% | 7.16% |
Since Inception | 9.48% | 9.61% | 11.04% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
12.56 | MSFT | MICROSOFT CORP | 2588173 | 264.60 | 33,100 | 8,758,260.00 |
12.34 | AAPL | APPLE INC | 2046251 | 150.82 | 57,050 | 8,604,281.00 |
7.37 | AMZN | AMAZON.COM INC | 2000019 | 112.91 | 45,526 | 5,140,340.66 |
4.44 | NVDA | NVIDIA CORP | 2379504 | 217.09 | 14,263 | 3,096,354.67 |
4.24 | GOOG | ALPHABET INC-CL C | BYY88Y7 | 108.80 | 27,191 | 2,958,380.80 |
4.20 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 107.74 | 27,200 | 2,930,528.00 |
3.81 | TSLA | TESLA INC | B616C79 | 188.27 | 14,128 | 2,659,878.56 |
3.53 | META | META PLATFORMS INC | B7TL820 | 188.77 | 13,053 | 2,464,014.81 |
2.05 | AVGO | BROADCOM INC | BDZ78H9 | 605.77 | 2,354 | 1,425,982.58 |
1.95 | PEP | PEPSICO INC | 2681511 | 169.97 | 8,010 | 1,361,459.70 |
1.93 | COST | COSTCO WHOLESALE CORP | 2701271 | 523.43 | 2,575 | 1,347,832.25 |
1.69 | CSCO | CISCO SYSTEMS INC | 2198163 | 49.32 | 23,917 | 1,179,586.44 |
1.53 | TMUS | T-MOBILE US INC | B94Q9V0 | 146.95 | 7,249 | 1,065,240.55 |
1.53 | ADBE | ADOBE INC | 2008154 | 392.23 | 2,711 | 1,063,335.53 |
1.48 | CMCSA | COMCAST CORP-CLASS A | 2044545 | 41.11 | 25,144 | 1,033,669.84 |
1.40 | TXN | TEXAS INSTRUMENTS INC | 2885409 | 184.72 | 5,294 | 977,907.68 |
1.37 | NFLX | NETFLIX INC | 2857817 | 366.89 | 2,596 | 952,446.44 |
1.28 | QCOM | QUALCOMM INC | 2714923 | 135.85 | 6,547 | 889,409.95 |
1.20 | AMD | ADVANCED MICRO DEVICES | 2007849 | 88.31 | 9,438 | 833,469.78 |
1.17 | HON | HONEYWELL INTL | 2020459 | 207.38 | 3,927 | 814,381.26 |
1.10 | AMGN | AMGEN INC | 2023607 | 246.53 | 3,115 | 767,940.95 |
1.07 | INTU | INTUIT INC | 2459020 | 452.16 | 1,645 | 743,803.20 |
1.05 | SBUX | STARBUCKS CORP | 2842255 | 109.15 | 6,714 | 732,833.10 |
1.05 | INTC | INTEL CORP | 2463247 | 30.19 | 24,139 | 728,756.41 |
0.88 | AMAT | APPLIED MATERIALS INC | 2046552 | 124.26 | 4,913 | 610,489.38 |
0.86 | GILD | GILEAD SCIENCES INC | 2369174 | 81.39 | 7,350 | 598,216.50 |
0.81 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 86.96 | 6,507 | 565,848.72 |
0.78 | BKNG | BOOKING HOLDINGS INC | BDRXDB4 | 2,454.69 | 222 | 544,941.18 |
0.78 | ADP | AUTOMATIC DATA PROCESSING | 2065308 | 228.99 | 2,370 | 542,706.30 |
0.76 | ISRG | INTUITIVE SURGICAL INC | 2871301 | 260.90 | 2,017 | 526,235.30 |
0.75 | ADI | ANALOG DEVICES INC | 2032067 | 179.30 | 2,906 | 521,045.80 |
0.75 | MDLZ | MONDELEZ INTER-A | B8CKK03 | 66.66 | 7,796 | 519,681.36 |
0.66 | REGN | REGENERON PHARMACEUTICALS | 2730190 | 751.20 | 611 | 458,983.20 |
0.64 | VRTX | VERTEX PHARM | 2931034 | 303.78 | 1,464 | 444,733.92 |
0.60 | LRCX | LAM RESEARCH CORP | 2502247 | 541.04 | 779 | 421,470.16 |
0.56 | MU | MICRON TECHNOLOGY INC | 2588184 | 63.17 | 6,201 | 391,717.17 |
0.56 | CSX | CSX CORP | 2160753 | 32.64 | 11,995 | 391,516.80 |
0.56 | FISV | FISERV INC | 2342034 | 107.60 | 3,623 | 389,834.80 |
0.56 | MRNA | MODERNA INC | BGSXTS3 | 176.35 | 2,193 | 386,735.55 |
0.52 | CHTR | CHARTER COMMUN-A | BZ6VT82 | 412.25 | 887 | 365,665.75 |
0.51 | MELI | MERCADOLIBRE INC | B23X1H3 | 1,226.58 | 287 | 352,028.46 |
0.50 | ASML | ASML HOLDING-NY | B908F01 | 696.55 | 504 | 351,061.20 |
0.49 | ATVI | ACTIVISION BLIZZARD INC | 2575818 | 77.11 | 4,463 | 344,141.93 |
0.48 | KLAC | KLA CORP | 2480138 | 414.26 | 809 | 335,136.34 |
0.46 | SNPS | SYNOPSYS INC | 2867719 | 368.59 | 871 | 321,041.89 |
0.46 | MAR | MARRIOTT INTL-A | 2210614 | 176.17 | 1,806 | 318,163.02 |
0.44 | MNST | MONSTER BEVERAGE CORP | BZ07BW4 | 102.58 | 2,976 | 305,278.08 |
0.43 | CDNS | CADENCE DESIGN SYS INC | 2302232 | 189.22 | 1,565 | 296,129.30 |
0.42 | NXPI | NXP SEMICONDUCTORS NV | B505PN7 | 196.16 | 1,476 | 289,532.16 |
0.41 | ORLY | O'REILLY AUTOMOTIVE INC | B65LWX6 | 805.66 | 356 | 286,814.96 |
0.41 | KDP | KEURIG DR PEPPER INC | BD3W133 | 35.21 | 8,073 | 284,250.33 |
0.40 | ADSK | AUTODESK INC | 2065159 | 228.22 | 1,229 | 280,482.38 |
0.40 | PANW | PALO ALTO NETWORKS INC | B87ZMX0 | 162.55 | 1,722 | 279,911.10 |
0.40 | KHC | KRAFT HEINZ CO/THE | BYRY499 | 39.99 | 6,982 | 279,210.18 |
0.40 | AEP | AMERICAN ELECTRIC POWER | 2026242 | 94.55 | 2,930 | 277,031.50 |
0.39 | ABNB | AIRBNB INC-CLASS A | BMGYYH4 | 118.52 | 2,268 | 268,803.36 |
0.38 | PDD | PINDUODUO INC-ADR | BYVW0F7 | 99.61 | 2,668 | 265,759.48 |
0.38 | MCHP | MICROCHIP TECHNOLOGY INC | 2592174 | 84.53 | 3,132 | 264,747.96 |
0.37 | CTAS | CINTAS CORP | 2197137 | 444.81 | 578 | 257,100.18 |
0.36 | PAYX | PAYCHEX INC | 2674458 | 120.60 | 2,052 | 247,471.20 |
0.34 | FTNT | FORTINET INC | B5B2106 | 53.85 | 4,449 | 239,556.41 |
0.34 | IDXX | IDEXX LABORATORIES INC | 2459202 | 504.22 | 473 | 238,496.06 |
0.34 | DXCM | DEXCOM INC | B0796X4 | 108.03 | 2,201 | 237,774.03 |
0.34 | EXC | EXELON CORP | 2670519 | 41.89 | 5,660 | 237,097.40 |
0.34 | MRVL | MARVELL TECHNOLOGY INC | BNKJSM5 | 48.76 | 4,854 | 236,681.04 |
0.34 | BIIB | BIOGEN INC | 2455965 | 287.52 | 820 | 235,766.40 |
0.33 | ODFL | OLD DOMINION FREIGHT LINE | 2656423 | 371.41 | 628 | 233,245.48 |
0.33 | ROST | ROSS STORES INC | 2746711 | 116.09 | 1,977 | 229,509.93 |
0.32 | LULU | LULULEMON ATHLETICA INC | B23FN39 | 322.76 | 698 | 225,286.48 |
0.32 | PCAR | PACCAR INC | 2665861 | 111.61 | 1,979 | 220,876.19 |
0.32 | AZN | ASTRAZENECA PLC-SPONS ADR | 2989044 | 63.15 | 3,482 | 219,888.30 |
0.32 | WDAY | WORKDAY INC-CLASS A | B8K6ZD1 | 190.98 | 1,149 | 219,436.02 |
0.32 | WBD | WARNER BROS DISCOVERY INC | BM8JYX3 | 15.92 | 13,778 | 219,345.76 |
0.31 | XEL | XCEL ENERGY INC | 2614807 | 69.56 | 3,115 | 216,679.40 |
0.30 | CTSH | COGNIZANT TECH-A | 2257019 | 70.66 | 2,925 | 206,680.50 |
0.29 | ILMN | ILLUMINA INC | 2613990 | 224.94 | 894 | 201,096.36 |
0.29 | GFS | GLOBALFOUNDRIES INC | BMW7F63 | 64.79 | 3,100 | 200,849.00 |
0.28 | DLTR | DOLLAR TREE INC | 2272476 | 157.02 | 1,260 | 197,845.20 |
0.27 | CPRT | COPART INC | 2208073 | 69.75 | 2,712 | 189,162.00 |
0.27 | WBA | WALGREENS BOOTS | BTN1Y44 | 37.71 | 4,921 | 185,570.91 |
0.27 | CSGP | COSTAR GROUP INC | 2262864 | 80.01 | 2,313 | 185,063.13 |
0.26 | EA | ELECTRONIC ARTS INC | 2310194 | 115.99 | 1,572 | 182,336.28 |
0.26 | FAST | FASTENAL CO | 2332262 | 55.29 | 3,257 | 180,079.53 |
0.26 | BKR | BAKER HUGHES CO | BDHLTQ5 | 31.20 | 5,699 | 177,808.80 |
0.25 | ENPH | ENPHASE ENERGY INC | B65SQW4 | 227.70 | 774 | 176,239.80 |
0.24 | VRSK | VERISK ANALYTICS INC | B4P9W92 | 187.02 | 889 | 166,260.78 |
0.24 | JD | JD.COM INC-ADR | BMM27D9 | 59.31 | 2,763 | 163,873.53 |
0.23 | ALGN | ALIGN TECHNOLOGY INC | 2679204 | 359.88 | 444 | 159,786.72 |
0.23 | EBAY | EBAY INC | 2293819 | 51.66 | 3,083 | 159,267.78 |
0.23 | CEG | CONSTELLATION ENERGY | BMH4FS1 | 85.33 | 1,860 | 158,713.80 |
0.22 | TEAM | ATLASSIAN CORP -CLASS A | BQ1PC76 | 182.41 | 843 | 153,771.63 |
0.21 | SGEN | SEAGEN INC | BLPK4D2 | 139.43 | 1,055 | 147,098.65 |
0.21 | DDOG | DATADOG INC - CLASS A | BKT9Y49 | 86.97 | 1,656 | 144,022.32 |
0.21 | CRWD | CROWDSTRIKE HO-A | BJJP138 | 115.93 | 1,238 | 143,521.34 |
0.20 | ANSS | ANSYS INC | 2045623 | 282.50 | 495 | 139,837.50 |
0.20 | FANG | DIAMONDBACK ENERGY INC | B7Y8YR3 | 137.57 | 1,000 | 137,570.00 |
0.17 | SIRI | SIRIUS XM HOLDINGS INC | BGLDK10 | 5.30 | 22,084 | 117,045.20 |
0.17 | ZS | ZSCALER INC | BZ00V34 | 141.35 | 816 | 115,341.60 |
0.17 | ZM | ZOOM VIDEO COM-A | BGSP7M9 | 82.84 | 1,391 | 115,230.44 |
0.16 | LCID | LUCID GROUP INC | BP0TR77 | 12.07 | 9,478 | 114,399.46 |
0.16 | RIVN | RIVIAN AUTOMOTIVE INC-A | BL98841 | 20.88 | 5,168 | 107,907.84 |
0.11 | CASH | 1.00 | 75,807 | 75,806.86 | ||
-0.53 | NQX US 02/17/23 C2280 | 28,400.00 | -13 | -369,200.00 | ||
-5.18 | NDX US 02/17/23 C11425 | 139,010.00 | -26 | -3,614,260.00 |
Sector | Weight (%) | |
---|---|---|
Information Technology | 49.8 | |
Communication Services | 16.1 | |
Consumer Discretionary | 14.3 | |
Health Care | 7.3 | |
Consumer Staples | 6.7 | |
Industrials | 4.0 | |
Utilities | 1.4 | |
Energy | 0.5 |
Source: AltaVista Research, LLC
Return on Equity | 23.40% | |
Weighted Avg. Market Cap | 826,194 M | |
2022 | 2023 | |
Price-to-earnings | 26.03 | 24.96 |
Price-to-book value | 6.41 | 5.35 |
Source: AltaVista Research, LLC
Versus | Beta |
---|---|
S&P 500 | 0.91 |
MSCI EAFE | 0.77 |
MSCI Emg. Mkts | 0.60 |
Standard Deviation | 19.00% |
Source: AltaVista Research, LLC
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.