QYLG


Nasdaq 100 Covered Call & Growth ETF

Fund 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.

Fund 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.

Why 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 expects to make distributions on a monthly basis.

Fund Details As of 06/16/21

Key Facts

Ticker QYLG
Inception Date 09/18/20
CUSIP 37954Y269
ISIN US37954Y2697
Bloomberg Index Ticker BXNH
Primary Exchange Nasdaq
Number of Holdings 103

Stats & Fees

Net Assets $16,660,553
Net Asset Value (NAV) $30.85
Shares Outstanding 540,000
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.14%
Distribution Frequency Monthly

Fund Prices As of 06/16/21

NAV $30.85 Daily Change -$0.05 -0.17%
Market Price $30.85 Daily Change -$0.10 -0.32%
30-Day Median Bid-Ask Spread 0.33%

Performance History

As of recent
(03/31/21)
Fund NAV Market Price Index
Year-to-Date 1.69% 1.92% 1.89%
1 Month 1.55% 1.10% 1.63%
3 Months 1.69% 1.92% 1.89%
Since Inception 16.97% 17.28% 17.37%
Year-to-Date 4.43% 4.56% 4.62%
1 Month -0.81% -0.62% -0.83%
3 Months 4.29% 3.72% 4.35%
Since Inception 20.13% 20.32% 20.51%

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.

Fund Characteristics As of 06/16/21

Return on Equity 27.20%
Weighted Avg. Market Cap 844,145 M
2020 2021
Price-to-earnings 37.61 28.99
Price-to-book value 8.85 7.12

Source: AltaVista Research, LLC

Top Holdings As of 06/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.13 AAPL APPLE INC 2046251 130.15 14,251 1,854,767.65
9.90 MSFT MICROSOFT CORP 2588173 257.38 6,406 1,648,776.28
8.77 AMZN AMAZON.COM INC 2000019 3,415.25 428 1,461,727.00
4.17 GOOG ALPHABET INC-CL C BYY88Y7 2,513.93 276 693,844.68
4.06 FB FACEBOOK INC-CLASS A B7TL820 331.08 2,043 676,396.44
3.74 GOOGL ALPHABET INC-CL A BYVY8G0 2,415.45 258 623,186.10
3.67 TSLA TESLA INC B616C79 604.87 1,011 611,523.57
3.43 NVDA NVIDIA CORP 2379504 712.41 801 570,640.41
2.43 PYPL PAYPAL HOLDINGS INC BYW36M8 268.82 1,506 404,842.92
2.01 CMCSA COMCAST CORP-CLASS A 2044545 57.12 5,873 335,465.76
2.00 ADBE ADOBE INC 2008154 543.33 613 333,061.29
1.79 INTC INTEL CORP 2463247 57.22 5,222 298,802.84
1.74 CSCO CISCO SYSTEMS INC 2198163 53.47 5,421 289,860.87
1.71 NFLX NETFLIX INC 2857817 492.41 577 284,120.57
1.57 PEP PEPSICO INC 2681511 147.10 1,774 260,955.40
1.48 AVGO BROADCOM INC BDZ78H9 465.75 529 246,381.75
1.39 TMUS T-MOBILE US INC B94Q9V0 144.91 1,603 232,290.73
1.33 TXN TEXAS INSTRUMENTS INC 2885409 187.73 1,183 222,084.59
1.31 COST COSTCO WHOLESALE CORP 2701271 379.41 577 218,919.57
1.18 QCOM QUALCOMM INC 2714923 134.95 1,457 196,622.15
1.07 AMGN AMGEN INC 2023607 239.58 746 178,726.68
1.04 CHTR CHARTER COMMUN-A BZ6VT82 682.07 254 173,245.78
1.01 INTU INTUIT INC 2459020 469.34 360 168,962.40
1.01 SBUX STARBUCKS CORP 2842255 111.36 1,510 168,153.60
0.97 AMAT APPLIED MATERIALS INC 2046552 136.98 1,184 162,184.32
0.81 ISRG INTUITIVE SURGICAL INC 2871301 871.42 155 135,070.10
0.74 AMD ADVANCED MICRO DEVICES 2007849 80.11 1,541 123,449.51
0.73 BKNG BOOKING HOLDINGS INC BDRXDB4 2,298.23 53 121,806.19
0.69 LRCX LAM RESEARCH CORP 2502247 638.74 180 114,973.20
0.69 MU MICRON TECHNOLOGY INC 2588184 80.49 1,427 114,859.23
0.68 MDLZ MONDELEZ INTER-A B8CKK03 62.74 1,797 112,743.78
0.66 ZM ZOOM VIDEO COM-A BGSP7M9 361.83 305 110,358.15
0.65 ADP AUTOMATIC DATA PROCESSING 2065308 197.23 549 108,279.27
0.64 GILD GILEAD SCIENCES INC 2369174 67.33 1,594 107,324.02
0.62 MRNA MODERNA INC BGSXTS3 197.84 525 103,866.00
0.57 ATVI ACTIVISION BLIZZARD INC 2575818 94.06 1,007 94,718.42
0.56 CSX CSX CORP 2160753 97.23 963 93,632.49
0.55 FISV FISERV INC 2342034 108.20 850 91,970.00
0.53 MELI MERCADOLIBRE INC B23X1H3 1,427.23 62 88,488.26
0.48 ILMN ILLUMINA INC 2613990 445.41 181 80,619.21
0.48 ADI ANALOG DEVICES INC 2032067 166.02 483 80,187.66
0.47 BIIB BIOGEN INC 2455965 391.31 198 77,479.38
0.46 ADSK AUTODESK INC 2065159 273.71 281 76,912.51
0.45 JD JD.COM INC-ADR BMM27D9 71.49 1,054 75,350.46
0.45 REGN REGENERON PHARMACEUTICALS 2730190 523.58 142 74,348.36
0.43 NXPI NXP SEMICONDUCTORS NV B505PN7 200.26 357 71,492.82
0.42 ASML ASML HOLDING-NY B908F01 699.05 101 70,604.05
0.40 KHC KRAFT HEINZ CO/THE BYRY499 41.91 1,583 66,343.53
0.40 IDXX IDEXX LABORATORIES INC 2459202 593.52 111 65,880.72
0.39 KLAC KLA CORP 2480138 315.90 207 65,391.30
0.38 BIDU BAIDU INC - SPON ADR B0FXT17 184.61 345 63,690.45
0.38 ALGN ALIGN TECHNOLOGY INC 2679204 599.60 106 63,557.60
0.38 MNST MONSTER BEVERAGE CORP BZ07BW4 91.52 692 63,331.84
0.38 KDP KEURIG DR PEPPER INC BD3W133 34.24 1,825 62,488.00
0.38 VRTX VERTEX PHARM 2931034 187.49 333 62,434.17
0.36 WBA WALGREENS BOOTS BTN1Y44 53.31 1,130 60,240.30
0.36 MAR MARRIOTT INTL-A 2210614 143.21 414 59,288.94
0.35 DOCU DOCUSIGN INC BFYT7B7 253.07 233 58,965.31
0.35 EBAY EBAY INC 2293819 66.09 885 58,489.65
0.34 EXC EXELON CORP 2670519 46.20 1,223 56,502.60
0.33 LULU LULULEMON ATHLETICA INC B23FN39 337.26 165 55,647.90
0.33 ROST ROSS STORES INC 2746711 118.98 464 55,206.72
0.33 PDD PINDUODUO INC-ADR BYVW0F7 122.82 449 55,146.18
0.33 AEP AMERICAN ELECTRIC POWER 2026242 84.40 647 54,606.80
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 230.20 229 52,715.80
0.31 MCHP MICROCHIP TECHNOLOGY INC 2592174 152.39 341 51,964.99
0.31 EA ELECTRONIC ARTS INC 2310194 142.60 364 51,906.40
0.31 SNPS SYNOPSYS INC 2867719 261.41 198 51,759.18
0.30 ALXN ALEXION PHARM 2036070 180.55 279 50,373.45
0.30 PAYX PAYCHEX INC 2674458 103.82 484 50,248.88
0.30 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 534.48 94 50,241.12
0.30 CTAS CINTAS CORP 2197137 356.84 139 49,600.76
0.29 MTCH MATCH GROUP INC BK80XH9 143.02 343 49,055.86
0.29 DXCM DEXCOM INC B0796X4 403.75 121 48,853.75
0.29 MRVL MARVELL TECHNOLOGY INC BNKJSM5 54.11 887 47,995.57
0.29 XEL XCEL ENERGY INC 2614807 67.76 703 47,635.28
0.28 CTSH COGNIZANT TECH-A 2257019 70.01 673 47,116.73
0.28 CDNS CADENCE DESIGN SYS INC 2302232 128.20 357 45,767.40
0.26 TEAM ATLASSIAN CORP-A BZ09BD1 248.46 172 42,735.12
0.26 NTES NETEASE INC-ADR 2606440 108.89 390 42,467.10
0.25 XLNX XILINX INC 2985677 126.18 328 41,387.04
0.25 PCAR PACCAR INC 2665861 91.36 452 41,294.72
0.24 CPRT COPART INC 2208073 125.70 315 39,595.50
0.23 FAST FASTENAL CO 2332262 51.01 753 38,410.53
0.22 SWKS SKYWORKS SOLUTIONS INC 2961053 170.98 217 37,102.66
0.22 VRSK VERISK ANALYTICS INC B4P9W92 170.90 217 37,085.30
0.22 ANSS ANSYS INC 2045623 332.16 109 36,205.44
0.22 OKTA OKTA INC BDFZSP1 223.22 162 36,161.64
0.22 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.56 5,512 36,158.72
0.21 SGEN SEAGEN INC BLPK4D2 151.32 233 35,257.56
0.21 MXIM MAXIM INTEGRATED PRODUCTS 2573760 102.59 342 35,085.78
0.21 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 105.07 332 34,883.24
0.21 VRSN VERISIGN INC 2142922 218.80 156 34,132.80
0.19 DLTR DOLLAR TREE INC 2272476 100.57 315 31,679.55
0.19 CERN CERNER CORP 2185284 79.30 391 31,006.30
0.18 CDW CDW CORP/DE BBM5MD6 171.73 177 30,396.21
0.16 SPLK SPLUNK INC B424494 123.38 213 26,279.94
0.16 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 37.45 692 25,915.40
0.14 INCY INCYTE CORP 2471950 83.12 281 23,356.72
0.13 CHKP CHECK POINT SOFTWARE TECH 2181334 119.12 177 21,084.24
0.10 FOXA FOX CORP - CLASS A BJJMGL2 37.67 440 16,574.80
0.07 FOX FOX CORP - CLASS B BJJMGY5 35.93 332 11,928.76
0.03 CASH 1.00 4,095 4,094.77
-1.78 NQX US 06/18/21 C2700 9,875.00 -30 -296,250.00
Holdings are subject to change.


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 typically do 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.