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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 03/21/23

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $6.92 billion
NAV $16.90
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 03/21/23

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 409,330,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 03/21/23

30-Day SEC Yield 0.35%
12-Month Trailing Yield 13.02%
Distribution Yield 11.77%
Distribution Frequency Monthly
 Distribution History

ETF Prices As of 03/21/23

NAV $16.90 Daily Change $0.13 0.78%
Market Price $16.90 Daily Change $0.13 0.78%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -19.00% -19.09% -18.71%
3 Years -0.94% -0.99% -0.22%
5 Years 3.00% 2.93% 3.98%
Since Inception 5.64% 5.62% 6.53%
1 Year -8.01% -8.01% -7.60%
3 Years 3.36% 3.40% 4.09%
5 Years 3.26% 3.22% 4.22%
Since Inception 6.11% 6.10% 7.00%
Year-to-Date -19.00% -19.09% -18.71%
1 Month -3.12% -3.07% -3.11%
3 Months 4.92% 4.72% 5.07%
Since Inception 64.43% 64.08% 77.41%
Year-to-Date 5.06% 5.19% 5.20%
1 Month -1.91% -1.85% -1.85%
3 Months 1.78% 1.96% 1.94%
Since Inception 72.75% 72.60% 86.64%

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.

Options Details As of 03/21/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$7,192,541,469 12525 101.70% 04/21/2023 31

Top Holdings As of 03/21/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.85 MSFT MICROSOFT CORP 2588173 273.78 3,246,102 888,717,805.56
12.83 AAPL APPLE INC 2046251 159.28 5,572,576 887,599,905.28
6.53 AMZN AMAZON.COM INC 2000019 100.61 4,487,174 451,454,576.14
5.31 NVDA NVIDIA CORP 2379504 261.99 1,403,086 367,594,501.14
4.03 GOOGL ALPHABET INC-CL A BYVY8G0 104.92 2,658,083 278,886,068.36
4.00 GOOG ALPHABET INC-CL C BYY88Y7 105.84 2,613,186 276,579,606.24
3.96 TSLA TESLA INC B616C79 197.58 1,385,447 273,736,618.26
3.70 META META PLATFORMS INC B7TL820 202.16 1,264,324 255,595,739.84
2.18 AVGO BROADCOM INC BDZ78H9 636.75 236,825 150,798,318.75
2.01 PEP PEPSICO INC 2681511 178.01 782,229 139,244,584.29
1.79 COST COSTCO WHOLESALE CORP 2701271 490.85 252,003 123,695,672.55
1.70 CSCO CISCO SYSTEMS INC 2198163 50.67 2,326,217 117,869,415.39
1.45 TMUS T-MOBILE US INC B94Q9V0 144.67 692,512 100,185,711.04
1.41 ADBE ADOBE INC 2008154 374.22 259,954 97,279,985.88
1.33 TXN TEXAS INSTRUMENTS INC 2885409 178.41 514,669 91,822,096.29
1.28 CMCSA COMCAST CORP-CLASS A 2044545 36.99 2,392,554 88,500,572.46
1.27 AMD ADVANCED MICRO DEVICES 2007849 95.93 915,063 87,781,993.59
1.13 QCOM QUALCOMM INC 2714923 123.80 633,115 78,379,637.00
1.12 NFLX NETFLIX INC 2857817 305.79 252,877 77,327,257.83
1.05 HON HONEYWELL INTL 2020459 191.16 379,368 72,519,986.88
1.02 AMGN AMGEN INC 2023607 232.95 303,171 70,623,684.45
0.97 INTU INTUIT INC 2459020 422.03 159,308 67,232,755.24
0.97 INTC INTEL CORP 2463247 28.46 2,349,083 66,854,902.18
0.95 SBUX STARBUCKS CORP 2842255 100.54 652,584 65,610,795.36
0.84 AMAT APPLIED MATERIALS INC 2046552 120.40 479,864 57,775,625.60
0.81 GILD GILEAD SCIENCES INC 2369174 79.14 708,017 56,032,465.38
0.80 BKNG BOOKING HOLDINGS INC BDRXDB4 2,571.32 21,539 55,383,661.48
0.78 ADI ANALOG DEVICES INC 2032067 188.40 287,193 54,107,161.20
0.76 MDLZ MONDELEZ INTER-A B8CKK03 67.83 773,996 52,500,148.68
0.74 ADP AUTOMATIC DATA PROCESSING 2065308 218.10 235,260 51,310,206.00
0.71 PYPL PAYPAL HOLDINGS INC BYW36M8 76.72 642,300 49,277,256.00
0.71 ISRG INTUITIVE SURGICAL INC 2871301 246.68 198,927 49,071,312.36
0.67 REGN REGENERON PHARMACEUTICALS 2730190 759.76 60,985 46,333,963.60
0.64 VRTX VERTEX PHARM 2931034 302.66 145,978 44,181,701.48
0.58 FISV FISERV INC 2342034 113.04 356,553 40,304,751.12
0.56 LRCX LAM RESEARCH CORP 2502247 507.36 76,602 38,864,790.72
0.53 MU MICRON TECHNOLOGY INC 2588184 58.63 619,286 36,308,738.18
0.51 ATVI ACTIVISION BLIZZARD INC 2575818 79.75 445,126 35,498,798.50
0.50 MELI MERCADOLIBRE INC B23X1H3 1,220.42 28,550 34,842,991.00
0.49 CSX CSX CORP 2160753 29.32 1,163,934 34,126,544.88
0.48 PANW PALO ALTO NETWORKS INC B87ZMX0 194.49 171,713 33,396,461.37
0.48 MRNA MODERNA INC BGSXTS3 152.10 219,221 33,343,514.10
0.47 SNPS SYNOPSYS INC 2867719 374.36 86,421 32,352,565.56
0.47 CDNS CADENCE DESIGN SYS INC 2302232 207.88 154,912 32,203,106.56
0.46 ASML ASML HOLDING-NY B908F01 642.13 49,841 32,004,401.33
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 103.79 296,051 30,727,133.29
0.44 CHTR CHARTER COMMUN-A BZ6VT82 352.29 86,134 30,344,146.86
0.44 KLAC KLA CORP 2480138 385.06 78,429 30,199,870.74
0.43 MAR MARRIOTT INTL-A 2210614 167.76 175,102 29,375,111.52
0.42 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 819.63 35,097 28,766,554.11
0.42 ABNB AIRBNB INC-CLASS A BMGYYH4 123.69 232,052 28,702,511.88
0.41 KDP KEURIG DR PEPPER INC BD3W133 35.15 798,070 28,052,160.50
0.40 FTNT FORTINET INC B5B2106 62.46 444,881 27,787,267.26
0.39 PDD PDD HOLDINGS INC BYVW0F7 78.93 337,712 26,655,608.16
0.38 NXPI NXP SEMICONDUCTORS NV B505PN7 180.46 147,058 26,538,086.68
0.38 KHC KRAFT HEINZ CO/THE BYRY499 38.04 695,012 26,438,256.48
0.38 DXCM DEXCOM INC B0796X4 118.98 219,187 26,078,869.26
0.38 AEP AMERICAN ELECTRIC POWER 2026242 88.90 291,845 25,945,020.50
0.37 MCHP MICROCHIP TECHNOLOGY INC 2592174 82.29 310,813 25,576,801.77
0.37 CTAS CINTAS CORP 2197137 443.12 57,615 25,530,358.80
0.37 ADSK AUTODESK INC 2065159 207.15 122,406 25,356,402.90
0.34 IDXX IDEXX LABORATORIES INC 2459202 495.40 47,011 23,289,249.40
0.33 EXC EXELON CORP 2670519 40.68 563,957 22,941,770.76
0.33 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.99 337,637 22,618,302.63
0.33 PAYX PAYCHEX INC 2674458 110.29 204,464 22,550,334.56
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 190.70 115,727 22,069,138.90
0.32 BIIB BIOGEN INC 2455965 266.15 81,950 21,810,992.50
0.31 GFS GLOBALFOUNDRIES INC BMW7F63 68.84 309,180 21,283,951.20
0.31 SGEN SEAGEN INC BLPK4D2 199.91 105,980 21,186,461.80
0.31 PCAR PACCAR INC 2665861 71.44 296,315 21,168,707.88
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 336.15 62,446 20,991,222.90
0.30 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.09 1,378,151 20,796,298.59
0.30 LULU LULULEMON ATHLETICA INC B23FN39 298.81 69,444 20,750,561.64
0.30 XEL XCEL ENERGY INC 2614807 65.50 311,887 20,428,598.50
0.29 ROST ROSS STORES INC 2746711 104.14 195,318 20,340,416.52
0.29 MRVL MARVELL TECHNOLOGY INC BNKJSM5 41.13 483,862 19,901,244.06
0.29 ILMN ILLUMINA INC 2613990 221.61 89,589 19,853,818.29
0.28 CPRT COPART INC 2208073 71.17 270,292 19,236,681.64
0.26 EA ELECTRONIC ARTS INC 2310194 114.94 155,502 17,873,399.88
0.26 DLTR DOLLAR TREE INC 2272476 140.98 125,395 17,678,187.10
0.25 FAST FASTENAL CO 2332262 53.14 323,705 17,201,683.70
0.24 CRWD CROWDSTRIKE HO-A BJJP138 136.02 123,745 16,831,794.90
0.24 CTSH COGNIZANT TECH-A 2257019 59.18 283,611 16,784,098.98
0.24 WBA WALGREENS BOOTS BTN1Y44 33.54 488,935 16,398,879.90
0.23 BKR BAKER HUGHES CO BDHLTQ5 28.04 573,183 16,072,051.32
0.23 ENPH ENPHASE ENERGY INC B65SQW4 207.63 77,365 16,063,294.95
0.23 VRSK VERISK ANALYTICS INC B4P9W92 186.10 85,993 16,003,297.30
0.23 CSGP COSTAR GROUP INC 2262864 67.86 230,604 15,648,787.44
0.22 ANSS ANSYS INC 2045623 314.42 49,345 15,515,054.90
0.21 CEG CONSTELLATION ENERGY BMH4FS1 76.52 185,433 14,189,333.19
0.20 ALGN ALIGN TECHNOLOGY INC 2679204 327.64 42,933 14,066,568.12
0.20 FANG DIAMONDBACK ENERGY INC B7Y8YR3 130.62 104,056 13,591,794.72
0.19 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 154.30 85,050 13,123,215.00
0.19 EBAY EBAY INC 2293819 43.75 298,621 13,064,668.75
0.17 DDOG DATADOG INC - CLASS A BKT9Y49 69.67 166,542 11,602,981.14
0.16 CASH 1.00 10,953,756 10,953,755.70
0.15 JD JD.COM INC-ADR BMM27D9 39.54 267,116 10,561,766.64
0.14 ZM ZOOM VIDEO COM-A BGSP7M9 71.85 134,687 9,677,260.95
0.13 ZS ZSCALER INC BZ00V34 113.02 79,128 8,943,046.56
0.12 LCID LUCID GROUP INC BP0TR77 8.19 1,035,217 8,478,427.23
0.12 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.80 2,131,276 8,098,848.80
0.10 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 13.61 499,392 6,796,725.12
-4.14 NDX US 04/21/23 C12525 50,765.00 -5,645 -286,568,425.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/21/23

Return on Equity 23.30%
Weighted Avg. Market Cap 801,992 M
2022 2023
Price-to-earnings 25.75 24.37
Price-to-book value 6.23 5.20

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.66
MSCI EAFE 0.63
MSCI Emg. Mkts 0.46
Standard Deviation 15.50%

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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