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QYLD

Nasdaq 100 Covered Call ETF

Invest in QYLD
Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider QYLD

High Income Potential

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

Monthly Distributions

QYLD has made monthly distributions 9 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.

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

Key Information As of 05/30/23

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $7.56 billion
NAV $17.63
Fact Sheet

ETF 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.

ETF 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.

Trading Details As of 05/30/23

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 428,830,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 05/30/23

30-Day SEC Yield 0.28%
12-Month Trailing Yield 12.19%
Distribution Yield 11.23%
Distribution Frequency Monthly
 Distribution History

ETF Prices As of 05/30/23

NAV $17.63 Daily Change $0.03 0.17%
Market Price $17.63 Daily Change $0.03 0.17%

Performance History

Premium Discount Chart
As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -7.43% -7.71% -6.83%
3 Years 8.92% 8.72% 9.50%
5 Years 5.18% 5.13% 6.18%
Since Inception 6.69% 6.67% 7.59%
1 Year 1.33% 0.84% 1.98%
3 Years 7.60% 7.50% 8.22%
5 Years 5.25% 5.15% 6.24%
Since Inception 6.84% 6.81% 7.74%
Year-to-Date 11.10% 11.11% 11.33%
1 Month 5.75% 5.63% 5.82%
3 Months 11.10% 11.11% 11.33%
Since Inception 82.69% 82.31% 97.50%
Year-to-Date 13.21% 13.15% 13.47%
1 Month 1.89% 1.83% 1.92%
3 Months 5.70% 5.58% 5.86%
Since Inception 86.15% 85.66% 101.30%

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.

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 05/30/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.87 MSFT MICROSOFT CORP 2588173 331.21 3,167,165 1,048,996,719.65
12.75 AAPL APPLE INC 2046251 177.30 5,437,012 963,982,227.60
7.26 NVDA NVIDIA CORP 2379504 401.11 1,368,996 549,117,985.56
7.04 AMZN AMAZON.COM INC 2000019 121.66 4,377,853 532,609,595.98
4.28 META META PLATFORMS INC B7TL820 262.52 1,233,669 323,862,785.88
4.24 GOOGL ALPHABET INC-CL A BYVY8G0 123.67 2,593,137 320,693,252.79
4.20 GOOG ALPHABET INC-CL C BYY88Y7 124.64 2,549,336 317,749,239.04
3.60 TSLA TESLA INC B616C79 201.16 1,352,117 271,991,855.72
2.45 AVGO BROADCOM INC BDZ78H9 803.34 230,952 185,532,979.68
1.83 PEP PEPSICO INC 2681511 181.61 762,710 138,515,763.10
1.65 COST COSTCO WHOLESALE CORP 2701271 508.03 246,013 124,981,984.39
1.51 CSCO CISCO SYSTEMS INC 2198163 50.17 2,269,516 113,861,617.72
1.48 AMD ADVANCED MICRO DEVICES 2007849 125.27 892,901 111,853,708.27
1.40 ADBE ADOBE INC 2008154 417.21 253,692 105,842,839.32
1.28 NFLX NETFLIX INC 2857817 392.98 246,872 97,015,758.56
1.21 TMUS T-MOBILE US INC B94Q9V0 135.12 675,737 91,305,583.44
1.21 CMCSA COMCAST CORP-CLASS A 2044545 39.16 2,330,555 91,264,533.80
1.17 TXN TEXAS INSTRUMENTS INC 2885409 176.55 502,223 88,667,470.65
0.95 HON HONEYWELL INTL 2020459 194.55 370,338 72,049,257.90
0.94 QCOM QUALCOMM INC 2714923 115.20 617,461 71,131,507.20
0.91 INTC INTEL CORP 2463247 29.99 2,291,580 68,724,484.20
0.86 AMGN AMGEN INC 2023607 218.53 295,858 64,653,848.74
0.85 AMAT APPLIED MATERIALS INC 2046552 136.57 468,180 63,939,342.60
0.84 INTU INTUIT INC 2459020 406.09 155,611 63,192,070.99
0.82 SBUX STARBUCKS CORP 2842255 97.75 636,759 62,243,192.25
0.79 ISRG INTUITIVE SURGICAL INC 2871301 307.07 194,339 59,675,676.73
0.72 MDLZ MONDELEZ INTER-A B8CKK03 72.37 755,368 54,665,982.16
0.70 GILD GILEAD SCIENCES INC 2369174 76.33 690,716 52,722,352.28
0.69 BKNG BOOKING HOLDINGS INC BDRXDB4 2,528.77 20,603 52,100,248.31
0.66 ADI ANALOG DEVICES INC 2032067 177.43 280,428 49,756,340.04
0.64 ADP AUTOMATIC DATA PROCESSING 2065308 210.12 229,312 48,183,037.44
0.62 LRCX LAM RESEARCH CORP 2502247 629.96 74,862 47,160,065.52
0.61 VRTX VERTEX PHARM 2931034 325.30 142,226 46,266,117.80
0.57 MU MICRON TECHNOLOGY INC 2588184 71.69 604,221 43,316,603.49
0.57 REGN REGENERON PHARMACEUTICALS 2730190 728.60 59,340 43,235,124.00
0.52 FISV FISERV INC 2342034 112.96 347,787 39,286,019.52
0.52 SNPS SYNOPSYS INC 2867719 464.83 84,344 39,205,621.52
0.51 PYPL PAYPAL HOLDINGS INC BYW36M8 62.05 626,684 38,885,742.20
0.47 PANW PALO ALTO NETWORKS INC B87ZMX0 212.48 167,580 35,607,398.40
0.47 CDNS CADENCE DESIGN SYS INC 2302232 234.75 151,357 35,531,055.75
0.47 ASML ASML HOLDING-NY B908F01 728.26 48,577 35,376,686.02
0.47 CSX CSX CORP 2160753 30.97 1,142,283 35,376,504.51
0.47 KLAC KLA CORP 2480138 458.73 76,778 35,220,371.94
0.46 MELI MERCADOLIBRE INC B23X1H3 1,249.72 28,009 35,003,407.48
0.46 ATVI ACTIVISION BLIZZARD INC 2575818 80.02 434,165 34,741,883.30
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 57.75 577,509 33,351,144.75
0.42 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 928.08 34,337 31,867,482.96
0.40 MRVL MARVELL TECHNOLOGY INC BNKJSM5 63.40 472,075 29,929,555.00
0.39 FTNT FORTINET INC B5B2106 68.54 433,985 29,745,331.90
0.38 MAR MARRIOTT INTL-A 2210614 169.09 170,586 28,844,386.74
0.37 CHTR CHARTER COMMUN-A BZ6VT82 333.34 84,517 28,172,896.78
0.36 MRNA MODERNA INC BGSXTS3 128.89 213,850 27,563,126.50
0.35 CTAS CINTAS CORP 2197137 471.59 56,086 26,449,596.74
0.35 NXPI NXP SEMICONDUCTORS NV B505PN7 182.07 143,241 26,079,888.87
0.34 KHC KRAFT HEINZ CO/THE BYRY499 37.85 678,127 25,667,106.95
0.32 DXCM DEXCOM INC B0796X4 113.56 213,868 24,286,850.08
0.32 ABNB AIRBNB INC-CLASS A BMGYYH4 107.19 226,168 24,242,947.92
0.32 KDP KEURIG DR PEPPER INC BD3W133 31.00 778,309 24,127,579.00
0.32 BIIB BIOGEN INC 2455965 298.69 80,033 23,905,056.77
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 71.43 333,769 23,841,119.67
0.31 WDAY WORKDAY INC-CLASS A B8K6ZD1 209.08 113,070 23,640,675.60
0.31 CPRT COPART INC 2208073 88.60 263,663 23,360,541.80
0.31 ADSK AUTODESK INC 2065159 195.04 119,519 23,310,985.76
0.31 AEP AMERICAN ELECTRIC POWER 2026242 81.79 284,878 23,300,171.62
0.31 MCHP MICROCHIP TECHNOLOGY INC 2592174 76.85 303,114 23,294,310.90
0.30 LULU LULULEMON ATHLETICA INC B23FN39 336.64 67,958 22,877,381.12
0.30 PDD PDD HOLDINGS INC BYVW0F7 67.63 329,426 22,279,080.38
0.29 EXC EXELON CORP 2670519 39.34 550,173 21,643,805.82
0.28 PAYX PAYCHEX INC 2674458 107.34 199,632 21,428,498.88
0.28 IDXX IDEXX LABORATORIES INC 2459202 466.22 45,839 21,371,058.58
0.27 PCAR PACCAR INC 2665861 71.16 289,228 20,581,464.48
0.27 SGEN SEAGEN INC BLPK4D2 194.01 103,129 20,008,057.29
0.26 ROST ROSS STORES INC 2746711 103.26 190,289 19,649,242.14
0.26 XEL XCEL ENERGY INC 2614807 64.15 304,151 19,511,286.65
0.26 ODFL OLD DOMINION FREIGHT LINE 2656423 317.58 60,645 19,259,639.10
0.25 EA ELECTRONIC ARTS INC 2310194 126.48 151,938 19,217,118.24
0.25 CRWD CROWDSTRIKE HO-A BJJP138 158.59 120,825 19,161,636.75
0.25 VRSK VERISK ANALYTICS INC B4P9W92 218.64 85,578 18,710,773.92
0.24 GFS GLOBALFOUNDRIES INC BMW7F63 60.69 301,447 18,294,818.43
0.23 CSGP COSTAR GROUP INC 2262864 78.65 224,859 17,685,160.35
0.23 CTSH COGNIZANT TECH-A 2257019 62.45 281,919 17,605,841.55
0.23 FAST FASTENAL CO 2332262 54.90 315,600 17,326,440.00
0.23 ILMN ILLUMINA INC 2613990 194.51 87,373 16,994,922.23
0.22 DLTR DOLLAR TREE INC 2272476 138.48 122,438 16,955,214.24
0.21 ANSS ANSYS INC 2045623 329.16 47,028 15,479,736.48
0.20 BKR BAKER HUGHES CO BDHLTQ5 27.80 547,275 15,214,245.00
0.20 DDOG DATADOG INC - CLASS A BKT9Y49 93.69 159,208 14,916,197.52
0.20 WBD WARNER BROS DISCOVERY INC BM8JYX3 11.30 1,316,301 14,874,201.30
0.20 CEG CONSTELLATION ENERGY BMH4FS1 83.70 176,757 14,794,560.93
0.19 WBA WALGREENS BOOTS BTN1Y44 29.93 466,483 13,961,836.19
0.18 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 168.85 80,948 13,668,069.80
0.17 ENPH ENPHASE ENERGY INC B65SQW4 174.12 73,725 12,836,997.00
0.17 FANG DIAMONDBACK ENERGY INC B7Y8YR3 129.49 98,872 12,802,935.28
0.17 EBAY EBAY INC 2293819 43.37 289,809 12,569,016.33
0.16 ALGN ALIGN TECHNOLOGY INC 2679204 284.95 41,318 11,773,564.10
0.14 ZS ZSCALER INC BZ00V34 134.72 77,464 10,435,950.08
0.12 CASH 1.00 8,896,285 8,896,285.24
0.11 ZM ZOOM VIDEO COM-A BGSP7M9 65.68 131,576 8,641,911.68
0.11 JD JD.COM INC-ADR BMM27D9 32.10 246,954 7,927,223.40
0.10 LCID LUCID GROUP INC BP0TR77 7.71 974,682 7,514,798.22
0.10 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.60 2,074,206 7,467,141.60
0.10 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 14.87 488,167 7,259,043.29
-4.61 NDX US 06/16/23 C13850 63,380.00 -5,504 -348,843,520.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/30/23

Return on Equity 23.50%
Weighted Avg. Market Cap 1,016,440 M
2022 2023
Price-to-earnings 28.24 26.56
Price-to-book value 6.83 5.75

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus Beta
S&P 500 0.70
NASDAQ-100 0.56
MSCI EAFE 0.64
MSCI Emg. Mkts 0.45
Standard Deviation 14.50%

Source: AltaVista Research, LLC

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ETF Documents

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.

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