QYLD


Nasdaq 100 Covered Call ETF

Fund Summary

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.

Morningstar Rating Overall rating out of 113 Options-based funds, based on risk-adjusted returns as of 12/31/2020

Fund Objective

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.

Why QYLD?

High Income Potential

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

Monthly Distributions

QYLD has made monthly distributions 6 years running.

Efficient Options Execution

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

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

Fund Details As of 03/05/21

Key Facts

Ticker QYLD
Inception Date 12/11/13
CUSIP 37954Y483
ISIN US37954Y4834
Bloomberg Index Ticker BXNT
Primary Exchange Nasdaq
Number of Holdings 103

Stats & Fees

Net Assets $2,006,681,964
Net Asset Value (NAV) $22.04
Shares Outstanding 91,050,000
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.17%
12-Month Trailing Yield 12.31%
Distribution Yield 12.46%
Distribution Frequency Monthly

Fund Prices As of 03/05/21

NAV $22.04 Daily Change $0.36 1.64%
Market Price $22.06 Daily Change $0.35 1.61%
30-Day Median Bid-Ask Spread 0.04%

Performance History

As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 8.76% 8.65% 10.14%
3 Years 9.05% 8.94% 10.46%
5 Years 10.19% 10.05% 11.42%
Since Inception 9.03% 9.00% 10.06%
1 Year 17.73% 17.93% 19.06%
3 Years 7.77% 7.72% 9.08%
5 Years 11.14% 11.04% 12.40%
Since Inception 8.83% 8.82% 9.85%
Year-to-Date 8.76% 8.65% 10.14%
1 Month 2.49% 2.17% 2.47%
3 Months 9.04% 8.93% 9.09%
Since Inception 83.99% 83.66% 96.69%
Year-to-Date 0.11% 0.24% 0.17%
1 Month -0.92% -0.88% -0.86%
3 Months 2.60% 2.42% 2.65%
Since Inception 84.19% 84.10% 97.03%

The Fund’s investment objective and investment strategies changed effective October 15, 2015. Hybrid 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.

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.

Top Holdings As of 03/05/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.42 AAPL APPLE INC 2046251 121.42 1,887,965 229,236,710.30
9.69 MSFT MICROSOFT CORP 2588173 231.60 839,737 194,483,089.20
8.34 AMZN AMAZON.COM INC 2000019 3,000.46 55,791 167,398,663.86
3.88 TSLA TESLA INC B616C79 597.95 130,342 77,937,998.90
3.85 GOOG ALPHABET INC-CL C BYY88Y7 2,108.54 36,680 77,341,247.20
3.52 FB FACEBOOK INC-CLASS A B7TL820 264.28 267,416 70,672,700.48
3.49 GOOGL ALPHABET INC-CL A BYVY8G0 2,097.07 33,407 70,056,817.49
2.60 NVDA NVIDIA CORP 2379504 498.46 104,787 52,232,128.02
2.37 PYPL PAYPAL HOLDINGS INC BYW36M8 239.05 198,565 47,466,963.25
2.13 CMCSA COMCAST CORP-CLASS A 2044545 55.09 774,632 42,674,476.88
2.10 INTC INTEL CORP 2463247 60.74 695,019 42,215,454.06
1.93 NFLX NETFLIX INC 2857817 516.39 74,961 38,709,110.79
1.79 ADBE ADOBE INC 2008154 440.83 81,340 35,857,112.20
1.65 CSCO CISCO SYSTEMS INC 2198163 46.25 717,752 33,196,030.00
1.56 PEP PEPSICO INC 2681511 133.03 234,787 31,233,714.61
1.54 AVGO BROADCOM INC BDZ78H9 450.14 68,764 30,953,426.96
1.31 TMUS T-MOBILE US INC B94Q9V0 124.68 211,188 26,330,919.84
1.31 TXN TEXAS INSTRUMENTS INC 2885409 167.94 156,068 26,210,059.92
1.24 QCOM QUALCOMM INC 2714923 129.75 192,331 24,954,947.25
1.19 COST COSTCO WHOLESALE CORP 2701271 317.32 75,061 23,818,356.52
1.13 AMGN AMGEN INC 2023607 227.73 99,138 22,576,696.74
1.06 CHTR CHARTER COMMUN-A BZ6VT82 624.03 34,133 21,300,015.99
1.05 SBUX STARBUCKS CORP 2842255 105.20 200,080 21,048,416.00
0.88 AMAT APPLIED MATERIALS INC 2046552 113.45 155,863 17,682,657.35
0.85 INTU INTUIT INC 2459020 382.21 44,786 17,117,657.06
0.84 MU MICRON TECHNOLOGY INC 2588184 88.93 190,074 16,903,280.82
0.81 BKNG BOOKING HOLDINGS INC BDRXDB4 2,307.10 7,028 16,214,298.80
0.80 AMD ADVANCED MICRO DEVICES 2007849 78.52 205,307 16,120,705.64
0.69 ISRG INTUITIVE SURGICAL INC 2871301 713.37 19,494 13,906,434.78
0.67 JD JD.COM INC-ADR BMM27D9 90.62 149,009 13,503,195.58
0.67 GILD GILEAD SCIENCES INC 2369174 64.62 207,484 13,407,616.08
0.66 FISV FISERV INC 2342034 119.69 110,891 13,272,543.79
0.66 MDLZ MONDELEZ INTER-A B8CKK03 55.58 236,774 13,159,898.92
0.65 LRCX LAM RESEARCH CORP 2502247 547.70 23,786 13,027,592.20
0.63 ADP AUTOMATIC DATA PROCESSING 2065308 178.26 70,962 12,649,686.12
0.63 MELI MERCADOLIBRE INC B23X1H3 1,470.24 8,560 12,585,254.40
0.62 BIDU BAIDU INC - SPON ADR B0FXT17 261.72 47,265 12,370,195.80
0.59 ATVI ACTIVISION BLIZZARD INC 2575818 92.58 127,962 11,846,721.96
0.58 CSX CSX CORP 2160753 91.63 126,460 11,587,529.80
0.54 ZM ZOOM VIDEO COM-A BGSP7M9 337.43 32,238 10,878,068.34
0.48 ADSK AUTODESK INC 2065159 267.39 36,196 9,678,448.44
0.48 ILMN ILLUMINA INC 2613990 398.85 24,198 9,651,372.30
0.45 VRTX VERTEX PHARM 2931034 211.98 42,905 9,095,001.90
0.45 ADI ANALOG DEVICES INC 2032067 148.88 60,980 9,078,702.40
0.43 MRNA MODERNA INC BGSXTS3 132.19 65,456 8,652,628.64
0.42 NXPI NXP SEMICONDUCTORS NV B505PN7 180.90 46,164 8,351,067.60
0.40 REGN REGENERON PHARMACEUTICALS 2730190 461.57 17,340 8,003,623.80
0.39 MAR MARRIOTT INTL-A 2210614 146.92 53,384 7,843,177.28
0.39 PDD PINDUODUO INC-ADR BYVW0F7 156.82 49,306 7,732,166.92
0.38 KHC KRAFT HEINZ CO/THE BYRY499 37.85 201,436 7,624,352.60
0.38 KLAC KLA CORP 2480138 295.87 25,419 7,520,719.53
0.38 MNST MONSTER BEVERAGE CORP BZ07BW4 86.42 87,018 7,520,095.56
0.36 KDP KEURIG DR PEPPER INC BD3W133 31.53 231,670 7,304,555.10
0.35 WDAY WORKDAY INC-CLASS A B8K6ZD1 237.02 29,699 7,039,256.98
0.35 IDXX IDEXX LABORATORIES INC 2459202 499.70 14,076 7,033,777.20
0.35 ALGN ALIGN TECHNOLOGY INC 2679204 536.46 12,942 6,942,865.32
0.34 BIIB BIOGEN INC 2455965 270.71 25,286 6,845,173.06
0.34 WBA WALGREENS BOOTS BTN1Y44 47.20 142,454 6,723,828.80
0.33 ROST ROSS STORES INC 2746711 113.13 58,608 6,630,323.04
0.33 ASML ASML HOLDING-NY B908F01 527.04 12,471 6,572,715.84
0.32 CTSH COGNIZANT TECH-A 2257019 73.71 87,978 6,484,858.38
0.32 AEP AMERICAN ELECTRIC POWER 2026242 78.90 81,612 6,439,186.80
0.32 MTCH MATCH GROUP INC BK80XH9 146.29 43,819 6,410,281.51
0.32 EXC EXELON CORP 2670519 39.64 160,452 6,360,317.28
0.32 EA ELECTRONIC ARTS INC 2310194 132.60 47,742 6,330,589.20
0.31 DOCU DOCUSIGN INC BFYT7B7 204.31 30,499 6,231,250.69
0.31 MCHP MICROCHIP TECHNOLOGY INC 2592174 145.44 42,816 6,227,159.04
0.30 EBAY EBAY INC 2293819 53.76 113,489 6,101,168.64
0.30 NTES NETEASE INC-ADR 2606440 108.26 56,098 6,073,169.48
0.30 LULU LULULEMON ATHLETICA INC B23FN39 293.24 20,600 6,040,744.00
0.29 CTAS CINTAS CORP 2197137 339.35 17,234 5,848,357.90
0.29 CDNS CADENCE DESIGN SYS INC 2302232 126.69 45,890 5,813,804.10
0.29 DXCM DEXCOM INC B0796X4 364.09 15,810 5,756,262.90
0.28 SNPS SYNOPSYS INC 2867719 227.80 24,961 5,686,115.80
0.28 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 465.85 11,933 5,558,988.05
0.28 PCAR PACCAR INC 2665861 94.15 58,948 5,549,954.20
0.27 PAYX PAYCHEX INC 2674458 92.12 58,913 5,427,065.56
0.27 ALXN ALEXION PHARM 2036070 150.10 35,873 5,384,537.30
0.26 XEL XCEL ENERGY INC 2614807 61.35 86,199 5,288,308.65
0.25 TEAM ATLASSIAN CORP-A BZ09BD1 228.21 21,645 4,939,605.45
0.24 SWKS SKYWORKS SOLUTIONS INC 2961053 173.44 28,177 4,887,018.88
0.24 XLNX XILINX INC 2985677 119.95 40,237 4,826,428.15
0.23 VRSK VERISK ANALYTICS INC B4P9W92 168.12 27,650 4,648,518.00
0.23 MRVL MARVELL TECH GRP 2594653 41.51 109,919 4,562,737.69
0.22 ANSS ANSYS INC 2045623 308.03 14,477 4,459,350.31
0.22 SGEN SEAGEN INC BLPK4D2 149.35 29,558 4,414,487.30
0.22 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 105.13 41,984 4,413,777.92
0.22 FAST FASTENAL CO 2332262 45.18 97,557 4,407,625.26
0.22 SIRI SIRIUS XM HOLDINGS INC BGLDK10 5.89 737,860 4,345,995.40
0.22 DLTR DOLLAR TREE INC 2272476 104.08 41,746 4,344,923.68
0.21 CPRT COPART INC 2208073 106.39 39,931 4,248,259.09
0.21 OKTA OKTA INC BDFZSP1 215.96 19,669 4,247,717.24
0.21 MXIM MAXIM INTEGRATED PRODUCTS 2573760 88.49 47,385 4,193,098.65
0.20 CDW CDW CORP/DE BBM5MD6 154.48 25,336 3,913,905.28
0.19 VRSN VERISIGN INC 2142922 193.77 19,587 3,795,372.99
0.19 CASH 1.00 3,788,013 3,788,012.81
0.19 SPLK SPLUNK INC B424494 136.77 27,288 3,732,179.76
0.18 CERN CERNER CORP 2185284 70.39 51,709 3,639,796.51
0.17 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 39.74 87,887 3,492,629.38
0.16 INCY INCYTE CORP 2471950 80.26 38,703 3,106,302.78
0.14 CHKP CHECK POINT SOFTWARE TECH 2181334 114.25 24,964 2,852,137.00
0.11 FOXA FOX CORP - CLASS A BJJMGL2 41.29 53,122 2,193,407.38
0.08 FOX FOX CORP - CLASS B BJJMGY5 39.04 43,259 1,688,831.36
-0.07 NDX US 03/19/21 C13700 920.00 -1,581 -1,454,520.00
Holdings are subject to change.


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The Morningstar Ratingfor funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 12/31, QYLD was rated against the following numbers of Options-based funds over the following time periods: 113 during the last 3 years, 70 during the last 5 years. With respect to these Options-based funds, QYLD received a Morningstar Rating of 4 and 5 stars, respectively. Past performance is not indicative of future results.

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject QYLD to loss due to adverse occurrences that may affect that industry or sector. Investors in QYLD should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

QYLD 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. QYLD 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. QYLD 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. Beginning October 15, 2020, 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. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. 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 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.