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 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 02/02/23

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $6.80 billion
NAV $16.98
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 02/02/23

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 400,170,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 02/02/23

30-Day SEC Yield 0.39%
12-Month Trailing Yield 13.45%
Distribution Yield 13.02%
Distribution Frequency Monthly

ETF Prices As of 02/02/23

NAV $16.98 Daily Change $0.05 0.30%
Market Price $16.96 Daily Change $0.05 0.30%

Performance History

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 -8.32% -8.28% -7.89%
3 Years 1.27% 1.22% 1.99%
5 Years 3.94% 3.87% 4.91%
Since Inception 6.38% 6.37% 7.28%
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 7.10% 7.17% 7.18%
1 Month 7.10% 7.17% 7.18%
3 Months 7.73% 7.80% 7.92%
Since Inception 76.11% 75.85% 90.15%

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 02/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.31 MSFT MICROSOFT CORP 2588173 264.60 3,421,049 905,209,565.40
13.07 AAPL APPLE INC 2046251 150.82 5,896,531 889,314,805.42
7.80 AMZN AMAZON.COM INC 2000019 112.91 4,701,226 530,815,427.66
4.69 NVDA NVIDIA CORP 2379504 217.09 1,470,687 319,271,440.83
4.49 GOOG ALPHABET INC-CL C BYY88Y7 108.80 2,804,524 305,132,211.20
4.44 GOOGL ALPHABET INC-CL A BYVY8G0 107.74 2,805,379 302,251,533.46
4.03 TSLA TESLA INC B616C79 188.27 1,454,988 273,930,590.76
3.73 META META PLATFORMS INC B7TL820 188.77 1,344,320 253,767,286.40
2.16 AVGO BROADCOM INC BDZ78H9 605.77 242,076 146,642,378.52
2.06 PEP PEPSICO INC 2681511 169.97 823,622 139,991,031.34
2.04 COST COSTCO WHOLESALE CORP 2701271 523.43 264,651 138,526,272.93
1.78 CSCO CISCO SYSTEMS INC 2198163 49.32 2,455,393 121,099,982.76
1.61 TMUS T-MOBILE US INC B94Q9V0 146.95 743,736 109,292,005.20
1.60 ADBE ADOBE INC 2008154 392.23 277,879 108,992,480.17
1.56 CMCSA COMCAST CORP-CLASS A 2044545 41.11 2,578,319 105,994,694.09
1.47 TXN TEXAS INSTRUMENTS INC 2885409 184.72 542,539 100,217,804.08
1.44 NFLX NETFLIX INC 2857817 366.89 266,058 97,614,019.62
1.34 QCOM QUALCOMM INC 2714923 135.85 670,020 91,022,217.00
1.25 AMD ADVANCED MICRO DEVICES 2007849 88.31 963,510 85,087,568.10
1.23 HON HONEYWELL INTL 2020459 207.38 401,799 83,325,076.62
1.16 AMGN AMGEN INC 2023607 246.53 318,901 78,618,663.53
1.12 INTU INTUIT INC 2459020 452.16 167,832 75,886,917.12
1.10 SBUX STARBUCKS CORP 2842255 109.15 685,905 74,866,530.75
1.10 INTC INTEL CORP 2463247 30.19 2,466,418 74,461,159.42
0.94 AMAT APPLIED MATERIALS INC 2046552 124.26 514,098 63,881,817.48
0.90 GILD GILEAD SCIENCES INC 2369174 81.39 749,557 61,006,444.23
0.87 PYPL PAYPAL HOLDINGS INC BYW36M8 86.96 681,177 59,235,151.92
0.84 BKNG BOOKING HOLDINGS INC BDRXDB4 2,454.69 23,277 57,137,819.13
0.83 ADP AUTOMATIC DATA PROCESSING 2065308 228.99 247,833 56,751,278.67
0.81 ISRG INTUITIVE SURGICAL INC 2871301 260.90 211,087 55,072,598.30
0.80 ADI ANALOG DEVICES INC 2032067 179.30 304,390 54,577,127.00
0.80 MDLZ MONDELEZ INTER-A B8CKK03 66.66 815,869 54,385,827.54
0.71 REGN REGENERON PHARMACEUTICALS 2730190 751.20 64,072 48,130,886.40
0.69 VRTX VERTEX PHARM 2931034 303.78 153,403 46,600,763.34
0.65 LRCX LAM RESEARCH CORP 2502247 541.04 81,459 44,072,577.36
0.60 MU MICRON TECHNOLOGY INC 2588184 63.17 649,372 41,020,829.24
0.60 CSX CSX CORP 2160753 32.64 1,255,858 40,991,205.12
0.60 FISV FISERV INC 2342034 107.60 379,237 40,805,901.20
0.60 MRNA MODERNA INC BGSXTS3 176.35 229,586 40,487,491.10
0.56 CHTR CHARTER COMMUN-A BZ6VT82 412.25 92,913 38,303,384.25
0.54 MELI MERCADOLIBRE INC B23X1H3 1,226.58 30,099 36,918,831.42
0.54 ASML ASML HOLDING-NY B908F01 696.55 52,693 36,703,309.15
0.53 ATVI ACTIVISION BLIZZARD INC 2575818 77.11 467,538 36,051,855.18
0.52 KLAC KLA CORP 2480138 414.26 84,623 35,055,923.98
0.49 SNPS SYNOPSYS INC 2867719 368.59 91,258 33,636,786.22
0.49 MAR MARRIOTT INTL-A 2210614 176.17 189,116 33,316,565.72
0.47 MNST MONSTER BEVERAGE CORP BZ07BW4 102.58 311,655 31,969,569.90
0.46 CDNS CADENCE DESIGN SYS INC 2302232 189.22 163,798 30,993,857.56
0.45 NXPI NXP SEMICONDUCTORS NV B505PN7 196.16 154,763 30,358,310.08
0.44 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 805.66 37,386 30,120,404.76
0.44 KDP KEURIG DR PEPPER INC BD3W133 35.21 845,750 29,778,857.50
0.43 ADSK AUTODESK INC 2065159 228.22 128,843 29,404,549.46
0.43 PANW PALO ALTO NETWORKS INC B87ZMX0 162.55 180,659 29,366,120.45
0.43 KHC KRAFT HEINZ CO/THE BYRY499 39.99 731,452 29,250,765.48
0.43 AEP AMERICAN ELECTRIC POWER 2026242 94.55 306,942 29,021,366.10
0.41 ABNB AIRBNB INC-CLASS A BMGYYH4 118.52 237,785 28,182,278.20
0.41 PDD PINDUODUO INC-ADR BYVW0F7 99.61 279,497 27,840,696.17
0.41 MCHP MICROCHIP TECHNOLOGY INC 2592174 84.53 328,332 27,753,903.96
0.40 CTAS CINTAS CORP 2197137 444.81 60,749 27,021,762.69
0.38 PAYX PAYCHEX INC 2674458 120.60 215,103 25,941,421.80
0.37 FTNT FORTINET INC B5B2106 53.85 466,485 25,117,884.83
0.37 DXCM DEXCOM INC B0796X4 108.03 230,680 24,920,360.40
0.37 IDXX IDEXX LABORATORIES INC 2459202 504.22 49,390 24,903,425.80
0.37 EXC EXELON CORP 2670519 41.89 593,380 24,856,688.20
0.37 MRVL MARVELL TECHNOLOGY INC BNKJSM5 48.76 508,961 24,816,938.36
0.36 BIIB BIOGEN INC 2455965 287.52 85,943 24,710,331.36
0.36 ODFL OLD DOMINION FREIGHT LINE 2656423 371.41 66,031 24,524,573.71
0.35 ROST ROSS STORES INC 2746711 116.09 207,170 24,050,365.30
0.35 LULU LULULEMON ATHLETICA INC B23FN39 322.76 73,057 23,579,877.32
0.34 PCAR PACCAR INC 2665861 111.61 207,539 23,163,427.79
0.34 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.92 1,449,229 23,071,725.68
0.34 AZN ASTRAZENECA PLC-SPONS ADR 2989044 63.15 364,743 23,033,520.45
0.34 WDAY WORKDAY INC-CLASS A B8K6ZD1 190.98 120,575 23,027,413.50
0.33 XEL XCEL ENERGY INC 2614807 69.56 326,657 22,722,260.92
0.32 CTSH COGNIZANT TECH-A 2257019 70.66 306,804 21,678,770.64
0.31 ILMN ILLUMINA INC 2613990 224.94 93,799 21,099,147.06
0.31 GFS GLOBALFOUNDRIES INC BMW7F63 64.79 325,261 21,073,660.19
0.31 DLTR DOLLAR TREE INC 2272476 157.02 131,944 20,717,846.88
0.29 CPRT COPART INC 2208073 69.75 284,212 19,823,787.00
0.29 WBA WALGREENS BOOTS BTN1Y44 37.71 516,136 19,463,488.56
0.29 CSGP COSTAR GROUP INC 2262864 80.01 242,706 19,418,907.06
0.28 EA ELECTRONIC ARTS INC 2310194 115.99 164,767 19,111,324.33
0.28 FAST FASTENAL CO 2332262 55.29 341,857 18,901,273.53
0.27 BKR BAKER HUGHES CO BDHLTQ5 31.20 597,686 18,647,803.20
0.27 ENPH ENPHASE ENERGY INC B65SQW4 227.70 81,108 18,468,291.60
0.26 VRSK VERISK ANALYTICS INC B4P9W92 187.02 93,237 17,437,183.74
0.25 JD JD.COM INC-ADR BMM27D9 59.31 289,831 17,189,876.61
0.25 EBAY EBAY INC 2293819 51.66 323,696 16,722,135.36
0.25 CEG CONSTELLATION ENERGY BMH4FS1 85.33 195,137 16,651,040.24
0.24 ALGN ALIGN TECHNOLOGY INC 2679204 359.88 45,396 16,337,112.48
0.24 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 182.41 88,387 16,122,672.67
0.23 SGEN SEAGEN INC BLPK4D2 139.43 110,803 15,449,262.29
0.22 CRWD CROWDSTRIKE HO-A BJJP138 115.93 130,119 15,084,695.67
0.22 DDOG DATADOG INC - CLASS A BKT9Y49 86.97 169,872 14,773,767.84
0.22 ANSS ANSYS INC 2045623 282.50 51,880 14,656,100.00
0.21 FANG DIAMONDBACK ENERGY INC B7Y8YR3 137.57 105,085 14,456,543.45
0.18 SIRI SIRIUS XM HOLDINGS INC BGLDK10 5.30 2,319,681 12,294,309.30
0.17 ZS ZSCALER INC BZ00V34 141.35 83,712 11,832,691.20
0.17 ZM ZOOM VIDEO COM-A BGSP7M9 82.84 142,787 11,828,475.08
0.17 LCID LUCID GROUP INC BP0TR77 12.07 973,140 11,745,799.80
0.16 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 20.88 529,790 11,062,015.20
0.13 CASH 1.00 8,726,972 8,726,972.07
-12.16 NDX US 02/17/23 C11425 139,010.00 -5,952 -827,387,520.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 02/02/23

Return on Equity 23.30%
Weighted Avg. Market Cap 854,685 M
2022 2023
Price-to-earnings 25.19 24.16
Price-to-book value 6.19 5.17

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.68
MSCI EAFE 0.65
MSCI Emg. Mkts 0.48
Standard Deviation 16.20%

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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