QDCC


S&P 500 Quality Dividend Covered Call ETF

Reasons to Consider QDCC

High Income Potential

QDCC seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1

Monthly Distributions

QDCC expects to make distributions on a monthly basis.

Efficient Options Execution

QDCC writes call options on the Global X S&P 500 Quality Dividend ETF (QDIV), saving investors the time and potential expense of doing so individually.

1Covered call writing can limit the upside potential of the underlying security

Key Information As of 05/28/24

Inception Date 05/07/24
Total Expense Ratio 0.35%
Net Assets $2.45 million
NAV $24.48
Fact Sheet View the document

ETF Summary

The Global X S&P 500 Quality Dividend Covered Call ETF follows a “covered call” or “buy-write” strategy, in which the Fund buys the Global X S&P 500 Quality Dividend ETF (QDIV) and “writes” or “sells” corresponding call options on the same ETF.

ETF Objective

The Global X S&P 500 Quality Dividend Covered Call ETF (QDCC) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe QDIV ATM BuyWrite Index.

Trading Details As of 05/28/24

Ticker QDCC
Bloomberg Index Ticker BXQD
CUSIP 37960A461
ISIN US37960A4610
Primary Exchange NYSE Arca
Shares Outstanding 100,000
Number of Holdings 2
30-Day Median Bid-Ask Spread N/A

Distributions As of 05/28/24

30-Day SEC Yield N/A
Distribution Frequency Monthly

ETF Prices As of 05/28/24

NAV $24.48 Daily Change -$0.30 -1.21%
Market Price $24.92 Daily Change -$0.17 -0.68%

Performance History

As of recent
(03/31/24)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --
Year-to-Date -- -- --
1 Month -- -- --
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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 05/28/24

Global X S&P 500 Quality Dividend ETF (QDIV) Price* 33.18
*Market Price as of 05/28/24

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short Global X S&P 500 Quality Dividend ETF Call Option -$2,485,392 34 2.46% 06/21/2024 24

Top Holdings As of 05/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
101.72 QDIV GLOBAL X S&P 500 QLTY DIV BF5J750 33.18 75,030 2,489,705.48
0.11 CASH 1.00 2,650 2,650.31
-0.01 OTHER PAYABLE & RECEIVABLES 1.00 -201 -200.56
-1.82 2QDIV US 06/21/2024 C34 59.40 -749 -44,490.60
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/28/24

Return on Equity 18.90%
Weighted Avg. Market Cap 87,217 M
2023 2024
Price-to-earnings 13.51 13.25
Price-to-book value 2.65 2.37

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time. QDCC 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 and writing a call option on that same asset with the goal of realizing additional income from the option premium. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying asset above the exercise price, but continues to bear the risk of a decline in the asset. 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 asset’s current market price. QDCC 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. 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. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. 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 funds’ investment objectives, risks, and charges and expenses before investing. This and other information can be found in the funds’ full or summary prospectuses, which may be obtained at globalxetfs.com. 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 Standard & Poors 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.