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 02/02/23

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $69.74 million
NAV $24.82
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 02/02/23

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%

Distributions As of 02/02/23

30-Day SEC Yield 0.38%
12-Month Trailing Yield 6.21%
Distribution Yield 6.03%
Distribution Frequency Monthly

ETF Prices As of 02/02/23

NAV $24.82 Daily Change $0.49 2.01%
Market Price $24.82 Daily Change $0.49 2.01%

Performance History

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.

Top Holdings As of 02/02/23

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
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 12/31/22

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

ETF Characteristics As of 02/02/23

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

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.91
MSCI EAFE 0.77
MSCI Emg. Mkts 0.60
Standard Deviation 19.00%

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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