QYLD


Nasdaq 100 Covered Call ETF

Morningstar Rating™ - Overall rating out of 63 Derivative Income funds, based on risk-adjusted returns as of 09/30/2021

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 7 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 10/21/21

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $4.94 billion
NAV $22.68
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 10/21/21

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 217,820,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.04%

Distributions As of 10/21/21

30-Day SEC Yield 0.09%
12-Month Trailing Yield 11.98%
Distribution Yield 10.21%
Distribution Frequency Monthly

ETF Prices As of 10/21/21

NAV $22.68 Daily Change $0.06 0.26%
Market Price $22.68 Daily Change $0.03 0.13%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 14.62% 14.81% 15.15%
3 Years 7.04% 7.03% 8.34%
5 Years 10.75% 10.77% 11.96%
Since Inception 8.82% 8.83% 9.81%
1 Year 14.62% 14.81% 15.15%
3 Years 7.04% 7.03% 8.34%
5 Years 10.75% 10.77% 11.96%
Since Inception 8.82% 8.83% 9.81%
Year-to-Date 5.12% 5.39% 5.55%
1 Month -3.45% -3.35% -3.41%
3 Months 0.83% 1.02% 0.97%
Since Inception 93.40% 93.57% 107.62%
Year-to-Date 5.12% 5.39% 5.55%
1 Month -3.45% -3.35% -3.41%
3 Months 0.83% 1.02% 0.97%
Since Inception 93.40% 93.57% 107.62%

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 10/21/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.42 AAPL APPLE INC 2046251 149.48 3,796,354 567,478,995.92
10.80 MSFT MICROSOFT CORP 2588173 310.76 1,726,089 536,399,417.64
8.04 AMZN AMAZON.COM INC 2000019 3,435.01 116,288 399,450,442.88
5.13 TSLA TESLA INC B616C79 894.00 285,220 254,986,680.00
4.23 GOOG ALPHABET INC-CL C BYY88Y7 2,855.61 73,594 210,155,762.34
4.00 NVDA NVIDIA CORP 2379504 226.92 875,929 198,765,808.68
3.96 GOOGL ALPHABET INC-CL A BYVY8G0 2,837.72 69,272 196,574,539.84
3.78 FB FACEBOOK INC-CLASS A B7TL820 341.88 549,001 187,692,461.88
2.13 ADBE ADOBE INC 2008154 638.66 165,478 105,684,179.48
2.05 NFLX NETFLIX INC 2857817 653.16 155,616 101,642,146.56
2.02 PYPL PAYPAL HOLDINGS INC BYW36M8 243.21 412,899 100,421,165.79
1.75 CMCSA COMCAST CORP-CLASS A 2044545 54.03 1,612,135 87,103,654.05
1.66 CSCO CISCO SYSTEMS INC 2198163 55.69 1,483,962 82,641,843.78
1.59 INTC INTEL CORP 2463247 56.00 1,411,907 79,066,792.00
1.56 PEP PEPSICO INC 2681511 159.18 486,991 77,519,227.38
1.50 COST COSTCO WHOLESALE CORP 2701271 477.23 155,894 74,397,293.62
1.47 AVGO BROADCOM INC BDZ78H9 514.15 142,002 73,010,328.30
1.29 TXN TEXAS INSTRUMENTS INC 2885409 201.29 318,579 64,126,766.91
1.12 INTU INTUIT INC 2459020 578.35 96,597 55,866,874.95
1.08 HON HONEYWELL INTL 2020459 224.52 239,022 53,665,219.44
1.04 QCOM QUALCOMM INC 2714923 133.05 388,563 51,698,307.15
1.01 TMUS T-MOBILE US INC B94Q9V0 116.85 429,806 50,222,831.10
1.00 AMD ADVANCED MICRO DEVICES 2007849 119.33 417,364 49,804,046.12
0.98 MRNA MODERNA INC BGSXTS3 339.57 143,018 48,564,622.26
0.95 CHTR CHARTER COMMUN-A BZ6VT82 735.67 64,401 47,377,883.67
0.94 SBUX STARBUCKS CORP 2842255 114.44 406,282 46,494,912.08
0.84 ISRG INTUITIVE SURGICAL INC 2871301 339.63 123,180 41,835,623.40
0.84 AMAT APPLIED MATERIALS INC 2046552 133.34 313,212 41,763,688.08
0.83 AMGN AMGEN INC 2023607 208.99 197,369 41,248,147.31
0.73 BKNG BOOKING HOLDINGS INC BDRXDB4 2,411.13 15,038 36,258,572.94
0.68 ADI ANALOG DEVICES INC 2032067 178.81 187,665 33,556,378.65
0.64 ADP AUTOMATIC DATA PROCESSING 2065308 214.71 146,885 31,537,678.35
0.58 MDLZ MONDELEZ INTER-A B8CKK03 60.16 482,004 28,997,360.64
0.58 GILD GILEAD SCIENCES INC 2369174 66.99 431,339 28,895,399.61
0.56 MELI MERCADOLIBRE INC B23X1H3 1,583.94 17,692 28,023,066.48
0.55 CSX CSX CORP 2160753 35.01 779,774 27,299,887.74
0.54 LRCX LAM RESEARCH CORP 2502247 555.42 48,319 26,837,338.98
0.53 MU MICRON TECHNOLOGY INC 2588184 68.64 385,895 26,487,832.80
0.51 FISV FISERV INC 2342034 110.16 227,763 25,090,372.08
0.46 JD JD.COM INC-ADR BMM27D9 83.97 274,772 23,072,604.84
0.46 ADSK AUTODESK INC 2065159 305.68 74,543 22,786,304.24
0.45 ZM ZOOM VIDEO COM-A BGSP7M9 274.78 81,771 22,469,035.38
0.45 ILMN ILLUMINA INC 2613990 411.58 54,065 22,252,072.70
0.44 ASML ASML HOLDING-NY B908F01 787.56 28,039 22,082,394.84
0.42 REGN REGENERON PHARMACEUTICALS 2730190 569.37 36,843 20,977,298.91
0.42 ATVI ACTIVISION BLIZZARD INC 2575818 78.70 265,808 20,919,089.60
0.42 TEAM ATLASSIAN CORP-A BZ09BD1 417.12 49,661 20,714,596.32
0.40 IDXX IDEXX LABORATORIES INC 2459202 645.24 30,742 19,835,968.08
0.39 DXCM DEXCOM INC B0796X4 568.10 34,398 19,541,503.80
0.39 CRWD CROWDSTRIKE HO-A BJJP138 284.10 67,855 19,277,605.50
0.38 NXPI NXP SEMICONDUCTORS NV B505PN7 201.25 93,607 18,838,408.75
0.38 MRVL MARVELL TECHNOLOGY INC BNKJSM5 67.07 280,865 18,837,615.55
0.38 DOCU DOCUSIGN INC BFYT7B7 279.87 66,482 18,606,317.34
0.37 LULU LULULEMON ATHLETICA INC B23FN39 424.04 42,944 18,209,973.76
0.37 WDAY WORKDAY INC-CLASS A B8K6ZD1 281.01 64,791 18,206,918.91
0.36 MTCH MATCH GROUP INC BK80XH9 175.53 101,070 17,740,817.10
0.36 EBAY EBAY INC 2293819 76.21 231,409 17,635,679.89
0.35 MAR MARRIOTT INTL-A 2210614 155.65 111,129 17,297,228.85
0.35 KLAC KLA CORP 2480138 335.51 51,432 17,255,950.32
0.34 EXC EXELON CORP 2670519 51.07 333,873 17,050,894.11
0.34 KDP KEURIG DR PEPPER INC BD3W133 34.38 484,843 16,668,902.34
0.33 VRTX VERTEX PHARM 2931034 187.09 88,422 16,542,871.98
0.33 SNPS SYNOPSYS INC 2867719 321.01 51,188 16,431,859.88
0.32 BIDU BAIDU INC - SPON ADR B0FXT17 180.60 88,396 15,964,317.60
0.32 ALGN ALIGN TECHNOLOGY INC 2679204 599.49 26,469 15,867,900.81
0.32 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 663.25 23,600 15,652,700.00
0.32 CTAS CINTAS CORP 2197137 424.64 36,845 15,645,860.80
0.31 CDNS CADENCE DESIGN SYS INC 2302232 165.45 94,231 15,590,518.95
0.31 MNST MONSTER BEVERAGE CORP BZ07BW4 85.25 180,193 15,361,453.25
0.31 KHC KRAFT HEINZ CO/THE BYRY499 36.38 417,862 15,201,819.56
0.31 PAYX PAYCHEX INC 2674458 122.38 124,050 15,181,239.00
0.30 XLNX XILINX INC 2985677 173.74 84,363 14,657,227.62
0.29 AEP AMERICAN ELECTRIC POWER 2026242 85.20 171,303 14,595,015.60
0.29 WBA WALGREENS BOOTS BTN1Y44 49.14 296,721 14,580,869.94
0.29 CTSH COGNIZANT TECH-A 2257019 79.08 179,561 14,199,683.88
0.28 MCHP MICROCHIP TECHNOLOGY INC 2592174 76.01 185,840 14,125,698.40
0.28 BIIB BIOGEN INC 2455965 270.21 50,538 13,655,872.98
0.27 EA ELECTRONIC ARTS INC 2310194 140.63 96,795 13,612,280.85
0.27 ROST ROSS STORES INC 2746711 110.71 122,954 13,612,237.34
0.27 OKTA OKTA INC BDFZSP1 259.77 50,758 13,185,405.66
0.25 PDD PINDUODUO INC-ADR BYVW0F7 97.15 129,398 12,571,015.70
0.25 CPRT COPART INC 2208073 151.84 81,538 12,380,729.92
0.24 XEL XCEL ENERGY INC 2614807 65.61 184,858 12,128,533.38
0.24 VRSK VERISK ANALYTICS INC B4P9W92 213.14 56,506 12,043,688.84
0.24 ANSS ANSYS INC 2045623 370.65 32,372 11,998,681.80
0.22 FAST FASTENAL CO 2332262 56.10 195,271 10,954,703.10
0.22 SGEN SEAGEN INC BLPK4D2 173.90 62,200 10,816,580.00
0.21 NTES NETEASE INC-ADR 2606440 101.75 103,222 10,502,838.50
0.21 PCAR PACCAR INC 2665861 86.74 117,397 10,183,015.78
0.19 SPLK SPLUNK INC B424494 168.83 56,879 9,602,881.57
0.19 SWKS SKYWORKS SOLUTIONS INC 2961053 166.97 57,342 9,574,393.74
0.18 CDW CDW CORP/DE BBM5MD6 190.55 47,206 8,995,103.30
0.17 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 94.83 90,961 8,625,831.63
0.17 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.11 1,387,076 8,475,034.36
0.17 VRSN VERISIGN INC 2142922 216.08 38,926 8,411,130.08
0.16 DLTR DOLLAR TREE INC 2272476 102.45 79,637 8,158,810.65
0.15 CERN CERNER CORP 2185284 71.87 103,038 7,405,341.06
0.13 CASH 1.00 6,254,942 6,254,941.73
0.11 CHKP CHECK POINT SOFTWARE TECH 2181334 123.66 45,350 5,607,981.00
0.11 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 31.20 177,004 5,522,524.80
0.10 INCY INCYTE CORP 2471950 65.87 73,414 4,835,780.18
0.09 FOXA FOX CORP - CLASS A BJJMGL2 42.61 108,371 4,617,688.31
0.07 FOX FOX CORP - CLASS B BJJMGY5 39.64 84,147 3,335,587.08
-3.37 NDX US 11/19/21 C15125 50,535.00 -3,311 -167,321,385.00
Holdings are subject to change.

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The Morningstar Rating™ for 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. Read MoreExchange-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 9/30, QYLD was rated against the following numbers of Derivative Income funds over the following time periods: 63 during the last 3 years, 36 during the last 5 years. With respect to these Derivative Income funds, QYLD received a Morningstar Rating of 3 and 5 stars, respectively. Past performance is not indicative of future results.

© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee 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.