QYLD


Nasdaq 100 Covered Call ETF

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 8 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 08/05/22

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $7.22 billion
NAV $18.46
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 08/05/22

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 390,790,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 08/05/22

30-Day SEC Yield 0.35%
12-Month Trailing Yield 14.92%
Distribution Yield 11.54%
Distribution Frequency Monthly

ETF Prices As of 08/05/22

NAV $18.46 Daily Change $0.00 0.00%
Market Price $18.47 Daily Change $0.02 0.11%

Performance History

As of recent
(06/30/22)
As of recent
(06/30/22)
Fund NAV Market Price Index
1 Year -11.41% -11.51% -11.11%
3 Years 2.99% 2.94% 3.78%
5 Years 5.41% 5.28% 6.47%
Since Inception 6.39% 6.37% 7.30%
1 Year -7.01% -6.94% -6.65%
3 Years 4.32% 4.31% 5.09%
5 Years 6.40% 6.35% 7.46%
Since Inception 7.07% 7.08% 7.99%
Year-to-Date -16.30% -16.39% -16.25%
1 Month -1.97% -2.14% -1.91%
3 Months -13.90% -14.16% -13.78%
Since Inception 69.92% 69.57% 82.78%
Year-to-Date -11.10% -10.94% -10.98%
1 Month 6.22% 6.51% 6.29%
3 Months -1.76% -1.90% -1.58%
Since Inception 80.48% 80.61% 94.28%

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 08/05/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
14.68 AAPL APPLE INC 2046251 165.35 6,428,338 1,062,925,688.30
11.61 MSFT MICROSOFT CORP 2588173 282.91 2,970,667 840,431,400.97
7.86 AMZN AMAZON.COM INC 2000019 140.80 4,040,932 568,963,225.60
4.91 TSLA TESLA INC B616C79 864.51 411,046 355,353,377.46
4.06 GOOG ALPHABET INC-CL C BYY88Y7 118.22 2,486,260 293,925,657.20
3.88 GOOGL ALPHABET INC-CL A BYVY8G0 117.47 2,388,280 280,551,251.60
3.67 NVDA NVIDIA CORP 2379504 189.89 1,397,684 265,406,214.76
3.15 META META PLATFORMS INC B7TL820 167.11 1,364,189 227,969,623.79
2.20 PEP PEPSICO INC 2681511 174.55 910,895 158,996,722.25
2.18 COST COSTCO WHOLESALE CORP 2701271 540.67 291,668 157,696,137.56
2.05 AVGO BROADCOM INC BDZ78H9 551.44 269,151 148,420,627.44
1.86 ADBE ADOBE INC 2008154 433.43 311,398 134,969,235.14
1.70 CSCO CISCO SYSTEMS INC 2198163 45.01 2,728,982 122,831,479.82
1.65 TMUS T-MOBILE US INC B94Q9V0 144.56 825,973 119,402,656.88
1.56 CMCSA COMCAST CORP-CLASS A 2044545 38.27 2,945,705 112,732,130.35
1.55 TXN TEXAS INSTRUMENTS INC 2885409 184.30 607,197 111,906,407.10
1.53 QCOM QUALCOMM INC 2714923 150.21 738,162 110,879,314.02
1.51 AMD ADVANCED MICRO DEVICES 2007849 102.31 1,067,608 109,226,974.19
1.32 INTC INTEL CORP 2463247 35.39 2,694,631 95,362,991.09
1.21 INTU INTUIT INC 2459020 468.99 186,095 87,276,694.05
1.20 AMGN AMGEN INC 2023607 246.25 352,023 86,685,663.75
1.19 HON HONEYWELL INTL 2020459 192.27 448,178 86,171,184.06
1.00 PYPL PAYPAL HOLDINGS INC BYW36M8 95.32 762,674 72,698,085.68
0.94 ADP AUTOMATIC DATA PROCESSING 2065308 247.20 275,251 68,042,047.20
0.92 NFLX NETFLIX INC 2857817 226.78 292,345 66,297,999.10
0.90 SBUX STARBUCKS CORP 2842255 85.73 755,496 64,768,672.08
0.87 AMAT APPLIED MATERIALS INC 2046552 109.62 573,568 62,874,524.16
0.84 ADI ANALOG DEVICES INC 2032067 177.25 342,747 60,751,905.75
0.80 MDLZ MONDELEZ INTER-A B8CKK03 63.77 911,694 58,138,726.38
0.79 ISRG INTUITIVE SURGICAL INC 2871301 240.32 236,501 56,835,920.32
0.72 BKNG BOOKING HOLDINGS INC BDRXDB4 1,924.97 27,043 52,056,963.71
0.71 CHTR CHARTER COMMUN-A BZ6VT82 462.98 110,763 51,281,053.74
0.70 GILD GILEAD SCIENCES INC 2369174 61.09 826,443 50,487,402.87
0.68 MRNA MODERNA INC BGSXTS3 186.84 262,371 49,021,397.64
0.67 VRTX VERTEX PHARM 2931034 288.03 168,269 48,466,520.07
0.66 CSX CSX CORP 2160753 33.11 1,433,095 47,449,775.45
0.65 LRCX LAM RESEARCH CORP 2502247 519.97 91,118 47,378,626.46
0.64 MU MICRON TECHNOLOGY INC 2588184 62.46 736,014 45,971,434.44
0.62 FISV FISERV INC 2342034 106.08 426,051 45,195,490.08
0.61 REGN REGENERON PHARMACEUTICALS 2730190 613.61 71,343 43,776,778.23
0.57 ATVI ACTIVISION BLIZZARD INC 2575818 80.49 515,088 41,459,433.12
0.54 KLAC KLA CORP 2480138 395.74 98,762 39,084,073.88
0.52 SNPS SYNOPSYS INC 2867719 374.29 101,169 37,866,545.01
0.50 KDP KEURIG DR PEPPER INC BD3W133 38.72 934,870 36,198,166.40
0.47 MELI MERCADOLIBRE INC B23X1H3 1,024.81 33,329 34,155,892.49
0.47 CDNS CADENCE DESIGN SYS INC 2302232 186.55 182,024 33,956,577.20
0.47 MAR MARRIOTT INTL-A 2210614 157.01 216,101 33,930,018.01
0.47 AEP AMERICAN ELECTRIC POWER 2026242 99.46 338,712 33,688,295.52
0.46 PANW PALO ALTO NETWORKS INC B87ZMX0 501.37 65,935 33,057,830.95
0.45 ASML ASML HOLDING-NY B908F01 577.31 56,065 32,366,885.15
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 91.38 349,105 31,901,214.90
0.44 MRVL MARVELL TECHNOLOGY INC BNKJSM5 56.94 559,784 31,874,100.96
0.44 ADSK AUTODESK INC 2065159 221.70 143,634 31,843,657.80
0.43 NXPI NXP SEMICONDUCTORS NV B505PN7 181.66 172,656 31,364,688.96
0.43 PAYX PAYCHEX INC 2674458 129.55 237,829 30,810,746.95
0.42 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 709.01 43,218 30,641,994.18
0.42 KHC KRAFT HEINZ CO/THE BYRY499 37.57 806,938 30,316,660.66
0.41 ABNB AIRBNB INC-CLASS A BMGYYH4 117.11 251,514 29,454,804.54
0.40 EXC EXELON CORP 2670519 44.77 645,486 28,898,408.22
0.40 CTAS CINTAS CORP 2197137 423.61 67,668 28,664,841.48
0.39 FTNT FORTINET INC B5B2106 53.39 528,462 28,214,586.18
0.37 CRWD CROWDSTRIKE HO-A BJJP138 191.17 140,946 26,944,646.82
0.37 XEL XCEL ENERGY INC 2614807 73.80 358,759 26,476,414.20
0.36 MCHP MICROCHIP TECHNOLOGY INC 2592174 71.46 365,105 26,090,403.30
0.36 LULU LULULEMON ATHLETICA INC B23FN39 317.80 80,873 25,701,439.40
0.35 TEAM ATLASSIAN CORP-A BZ09BD1 268.59 93,872 25,213,080.48
0.35 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.03 381,035 25,159,741.05
0.34 EA ELECTRONIC ARTS INC 2310194 132.56 184,688 24,482,241.28
0.34 DLTR DOLLAR TREE INC 2272476 164.97 148,164 24,442,615.08
0.33 CTSH COGNIZANT TECH-A 2257019 68.72 343,629 23,614,184.88
0.32 ILMN ILLUMINA INC 2613990 223.77 103,830 23,234,039.10
0.32 DXCM DEXCOM INC B0796X4 89.09 258,984 23,072,884.56
0.31 ODFL OLD DOMINION FREIGHT LINE 2656423 303.17 74,775 22,669,536.75
0.31 IDXX IDEXX LABORATORIES INC 2459202 407.78 54,999 22,427,492.22
0.31 WBA WALGREENS BOOTS BTN1Y44 38.99 569,590 22,208,314.10
0.29 SGEN SEAGEN INC BLPK4D2 175.81 121,213 21,310,457.53
0.29 DDOG DATADOG INC - CLASS A BKT9Y49 113.29 186,759 21,157,927.11
0.29 WDAY WORKDAY INC-CLASS A B8K6ZD1 161.71 130,830 21,156,519.30
0.29 BIIB BIOGEN INC 2455965 218.20 96,103 20,969,674.60
0.29 PCAR PACCAR INC 2665861 91.13 229,237 20,890,367.81
0.29 VRSK VERISK ANALYTICS INC B4P9W92 198.38 104,347 20,700,357.86
0.29 JD JD.COM INC-ADR BMM27D9 61.91 334,346 20,699,360.86
0.28 CPRT COPART INC 2208073 129.22 156,616 20,237,919.52
0.28 FAST FASTENAL CO 2332262 52.95 379,570 20,098,231.50
0.27 LCID LUCID GROUP INC BP0TR77 18.05 1,098,974 19,836,480.70
0.27 BIDU BAIDU INC - SPON ADR B0FXT17 137.82 142,728 19,670,772.96
0.27 ROST ROSS STORES INC 2746711 84.23 231,627 19,509,942.21
0.26 ZM ZOOM VIDEO COM-A BGSP7M9 113.85 165,657 18,860,049.45
0.24 EBAY EBAY INC 2293819 47.28 368,547 17,424,902.16
0.24 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.58 2,593,518 17,065,348.44
0.22 ANSS ANSYS INC 2045623 285.48 54,986 15,697,403.28
0.21 CEG CONSTELLATION ENERGY BMH4FS1 74.30 207,018 15,381,437.43
0.20 ALGN ALIGN TECHNOLOGY INC 2679204 293.89 49,764 14,625,141.96
0.20 ZS ZSCALER INC BZ00V34 163.42 89,390 14,608,113.80
0.20 PDD PINDUODUO INC-ADR BYVW0F7 50.25 282,276 14,184,369.00
0.19 VRSN VERISIGN INC 2142922 198.70 69,753 13,859,921.10
0.17 CASH 1.00 12,322,660 12,322,660.15
0.17 MTCH MATCH GROUP INC BK80XH9 67.78 181,561 12,306,204.58
0.16 SWKS SKYWORKS SOLUTIONS INC 2961053 112.66 102,186 11,512,274.76
0.16 SPLK SPLUNK INC B424494 112.57 101,992 11,481,239.44
0.14 NTES NETEASE INC-ADR 2606440 88.98 114,995 10,232,255.10
0.14 OKTA OKTA INC BDFZSP1 104.47 95,683 9,996,003.01
0.13 DOCU DOCUSIGN INC BFYT7B7 72.34 125,433 9,073,823.22
-10.87 NDX US 08/19/22 C11925 129,720.00 -6,067 -787,011,240.00
Holdings are subject to change.

ETF Characteristics As of 08/05/22

Return on Equity 24.70%
Weighted Avg. Market Cap 1,018,910 M
2021 2022
Price-to-earnings 24.82 24.59
Price-to-book value 6.73 5.54

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/31/22

Versus Beta
S&P 500 0.66
MSCI EAFE 0.64
MSCI Emg. Mkts 0.49
Standard Deviation 14.30%

Source: AltaVista Research, LLC

ETF Research

View More Related Research

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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