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SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.

Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.

Content
EquityIncomeCovered Call

QYLD

Nasdaq 100® Covered Call ETF

Passive

Investment Strategy

Portfolio Implementation

1of1

The Case for QYLD

High Income Potential
Monthly Distributions
Efficient Options Execution

Related Product Research

Related funds

Enhanced Income

EDGQ

Nasdaq-100® Income Edge℠ ETF

View Fund
Enhanced Income

QYLG

Nasdaq 100® Covered Call & Growth ETF

View Fund
Enhanced Income

XYLG

S&P 500® Covered Call & Growth ETF

View Fund

Documents

View Supplemental Tax Documents

  • Proxy Voting
  • Fact Sheet
    PDF|447 KB
  • Index Methodology Summary
    PDF|478 KB

  • Summary Prospectus
    PDF|208 KB
  • Statutory Prospectus
    PDF|932 KB
  • Statement of Additional Information
    PDF|995 KB
  • Annual Financial Statements *
    PDF|2.4 MB
  • Annual Shareholder Report
    PDF|269 KB
  • Semi Annual Shareholder Report
    PDF|187 KB
  • Q1 Complete Holdings
    PDF|303 KB
  • Q3 Complete Holdings
    PDF|268 KB
  • Semi Annual Financial Statements **
    PDF|2.4 MB
*
**

EDGQ is an actively managed covered call ETF seeking a 13% annualized distribution rate by writing call options on a portion of its Nasdaq-100® Index exposure, blending potential income generation with potential capital appreciation. The Fund seeks to pay distributions on a weekly schedule.

QYLG follows a buy-write strategy, buying the stocks in the Nasdaq 100® Index and writing call options on approximately 50% of the portfolio's value in an effort to generate income through option premiums while maintaining partial participation in potential equity upside. The Fund seeks to pay distributions monthly.

XYLG follows a buy-write strategy, buying the stocks in the S&P 500® Index and writing call options on approximately 50% of the portfolio's value in an effort to generate income through option premiums while maintaining partial participation in potential equity upside. The Fund seeks to pay distributions monthly.

QYLD can complement a growth-oriented equity allocation by overlaying a systematic covered call strategy on the Nasdaq-100, compounding a stream of monthly distributions from option premiums while maintaining exposure to large-cap technology companies.

The fund's rules-based approach can help reduce portfolio sensitivity relative to a Nasdaq-100-tracking holding, and its positive relationship with volatility may offer benefits that traditional equity or fixed income holdings do not provide. Investors can use QYLD to pursue a convergence of potential growth and income within a broader portfolio, depending on their risk appetite.

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

QYLD has made monthly distributions 12 years running.

QYLD writes call options on the Nasdaq-100® Index, saving investors the time and potential expense of doing so individually.

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

Product ResearchCovered CallEquity Income Strategies

The Case for a Systematic Options Rolling Plan

Options can be effective tools for investors, but they can also be complex. The ETF structure may be able to simplify the process.

R

Rohan Reddy

May 11, 20236 min read
Product ResearchCovered CallIncome Strategies

Monthly Covered Call Commentary: July 2026

R
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The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

Our covered call funds seek to offer alternate sources of income, with different risk/return characteristics. Here, we discuss recent developments.

Robert J. Scrudato

Jul 14, 20266 min read
Total Expense Ratio
0.60%
NAV
$18.69
As of Oct 13, 2026
Distribution Frequency
Monthly
Distribution Rate
11.13%
Morningstar Rating™

Overall rating out of 100 Derivative Income funds, based on risk-adjusted returns as of Sep 30, 2026.

Holdings

As of Oct 13, 2026

Net Assets (%)
Ticker
Name
SEDOL
Market Price ($)
Shares Held
Market Value ($)
8.63%NVDANVIDIA CORP2379504$228.523,224,823$736,936,552
7.81%AAPLAPPLE INC2046251$341.271,952,848$666,448,437
6.33%MSFT

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

Distributions

Oct 13, 2026

30-Day SEC Yield

0.00%

Trailing 12-Month Distribution (%)1

12.02%

Distribution Rate2

11.13%

Oct 13, 2026

View Tax Documents
  • Overview
  • Investment Strategy
  • Performance
  • Holdings
  • Distributions
  • Documents

Performance

Returns

As of recent(Sep 30, 2026)
Metric
1 Year
3 Year
5 Year
10 Year
Since Inception
Fund NAV
+22.94%+16.79%+9.33%+10.03%+9.01%
Market Price
+22.94%+16.81%+9.27%+10.02%+9.00%
Index
+23.77%+17.97%+10.20%+11.08%+9.96%
  1. The Fund’s investment objective and investment strategies changed effective October 15, 2015. Index performance (noted as "Index" above in the chart) reflects the performance of the Cboe NASDAQ-100® BuyWrite Index through October 14, 2015 and the Cboe NASDAQ-100® BuyWrite V2 Index thereafter. The Fund was also re-organized effective December 24, 2018. Fund returns (NAV & Closing Price) presented above reflect the performance of the predecessor Fund through December 21, 2018.
  2. Past performance does not guarantee future results. The performance data quoted represents past performance. 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.
  3. 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.

Options Details

As of Oct 9, 2026

NASDAQ 100 price

$30,883.15

Upside Cap
Option Positions
Notional Exposure
Strike
Upside Before Cap
Expiration Date
Calendar Days to Expiry
Short NASDAQ Call Option
-$8,863,464,05029,4750.00%Oct 16, 20267

Daily Premium / Discount

Latest Premium / Discount

As of Oct 13, 2026

  • NAV
    $18.69
  • Market Price
    $18.69
  • Premium / (Discount)
    $0.00
  • Premium / Discount
    0.001%

Current View Q4 2026

As of Oct 13, 2026

  • Days at Premium
    8
  • Days at NAV
    0
  • Days at Discount
    1
  • Greatest Premium
    0.097%
  • Greatest Discount
    -0.016%

Premium / Discount History — Q4 2026

As of Oct 13, 2026

Hypothetical Growth of $10,000

As of Oct 13, 2026

Overview

About This Fund

The Global X Nasdaq 100® Covered Call ETF (QYLD) 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 the same index.

Distributions may contain return of capital.

How the Fund Works

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

The Index is designed to track the performance of a theoretical covered call (buy-write) strategy applied to the Nasdaq-100® Index, which measures the total return of 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Cboe Nasdaq-100® BuyWrite V2 Index “holds” the constituents of the Nasdaq-100® Index and “writes” call options on the same index, which would generate option premiums. The fund seeks to make monthly distributions.

Highlights

  • Monthly distribution schedule
  • Passively managed
  • Rules-based covered call strategy
  • Large-cap United States equity exposure

Fund Details

As of Oct 13, 2026

  • Ticker
    QYLD
  • Total Expense Ratio
    0.60%
  • Inception Date
    12/11/13
  • Net Assets
    $8.54 billion
  • Shares Outstanding
    456,790,000
  • Number of Holdings
    102
  • Primary Exchange
    Nasdaq
  • CUSIP
    37954Y483
  • Bloomberg Index Ticker
    BXNT
  • ISIN
    US37954Y4834
  • 30-Day Median Bid-Ask Spread
    0.05%
  • Distribution Frequency
    Monthly
View Distribution History

ETF Prices

As of Oct 13, 2026

  • NAV
    $18.69
  • Daily Change
    $0.01 / 0.05%
  • Market Price
    $18.69
  • Daily Change
    $0.01 / 0.05%
MICROSOFT CORP
2588173
$543.45
993,613
$539,978,985
4.66%MUMICRON TECHNOLOGY INC2588184$953.04417,207$397,614,959
4.37%AMZNAMAZON.COM INC2000019$258.581,443,468$373,251,955
4.28%AMDADVANCED MICRO DEVICES2007849$605.53603,124$365,209,676
3.55%METAMETA PLATFORMS INCB7TL820$762.50397,867$303,373,588
3.26%GOOGLALPHABET INC-CL ABYVY8G0$353.78786,623$278,291,485
3.09%TSLATESLA INCB616C79$375.23702,965$263,773,557
3.03%GOOGALPHABET INC-CL CBYY88Y7$349.52739,568$258,493,807

What is Premium/Discount Chart?

The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment at the first trading date of the period shown and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.
The performance quoted represents past performance and does not guarantee future results. 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 the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Distribution Frequency

Monthly

Record Date
Payable Date
Amount
Dec 30, 2026Dec 30, 2026Jan 5, 2027-
Dec 21, 2026Dec 21, 2026Dec 24, 2026-
Nov 23, 2026Nov 23, 2026Nov 27, 2026-
Oct 19, 2026Oct 19, 2026Oct 22, 2026-
Sep 21, 2026Sep 21, 2026Sep 24, 2026$0.18
Aug 24, 2026Aug 24, 2026Aug 27, 2026$0.18
Jul 20, 2026Jul 20, 2026Jul 23, 2026$0.18
Jun 22, 2026Jun 22, 2026Jun 25, 2026$0.19
May 18, 2026May 18, 2026May 21, 2026$0.18
Apr 20, 2026Apr 20, 2026Apr 23, 2026$0.18
Mar 23, 2026Mar 23, 2026Mar 26, 2026$0.17
Feb 23, 2026Feb 23, 2026Feb 26, 2026$0.18
Jan 20, 2026Jan 20, 2026Jan 23, 2026$0.18
  1. 1

    The distribution as a percentage an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The Trailing 12-Month Distribution (%) is calculated by summing any income, capital gains and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the same period. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the 19a Notice. These do not imply rates for any future distributions.

  2. 2

    The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the 19a Notice. These do not imply rates for any future distributions.

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. A portion of the distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the Tax Documents. These do not imply rates for any future distributions.

History
As of
Options Premiums vs. Distributions: Last 12 Months
As of

Introducing QYLD

Robert J. ScrudatoNov 18, 20253 min watch