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 09/22/22

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $6.52 billion
NAV $16.10
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 09/22/22

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 405,110,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 09/22/22

30-Day SEC Yield 0.32%
12-Month Trailing Yield 16.98%
Distribution Yield 12.49%
Distribution Frequency Monthly

ETF Prices As of 09/22/22

NAV $16.10 Daily Change -$0.07 -0.44%
Market Price $16.09 Daily Change -$0.09 -0.56%

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 -15.51% -15.63% -15.22%
3 Years 2.50% 2.46% 3.28%
5 Years 4.75% 4.64% 5.79%
Since Inception 6.22% 6.20% 7.12%
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 -16.63% -16.67% -16.50%
1 Month -6.23% -6.43% -6.20%
3 Months -2.37% -2.48% -2.21%
Since Inception 69.24% 68.99% 82.22%

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 09/22/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
14.38 AAPL APPLE INC 2046251 152.74 6,134,785 937,027,060.90
10.53 MSFT MICROSOFT CORP 2588173 240.98 2,846,924 686,051,745.52
7.00 AMZN AMAZON.COM INC 2000019 117.31 3,888,725 456,186,329.75
5.25 TSLA TESLA INC B616C79 288.59 1,186,345 342,367,303.55
3.63 GOOG ALPHABET INC-CL C BYY88Y7 100.57 2,352,184 236,559,144.88
3.52 GOOGL ALPHABET INC-CL A BYVY8G0 100.14 2,288,373 229,157,672.22
2.86 META META PLATFORMS INC B7TL820 142.82 1,303,310 186,138,734.20
2.58 NVDA NVIDIA CORP 2379504 125.61 1,337,286 167,976,494.46
2.26 PEP PEPSICO INC 2681511 168.60 873,561 147,282,384.60
2.10 COST COSTCO WHOLESALE CORP 2701271 487.17 280,423 136,613,672.91
1.88 AVGO BROADCOM INC BDZ78H9 477.61 256,399 122,458,726.39
1.66 CSCO CISCO SYSTEMS INC 2198163 41.15 2,621,211 107,862,832.65
1.65 TMUS T-MOBILE US INC B94Q9V0 135.05 793,767 107,198,233.35
1.44 TXN TEXAS INSTRUMENTS INC 2885409 162.62 578,337 94,049,162.94
1.39 CMCSA COMCAST CORP-CLASS A 2044545 32.47 2,787,297 90,503,533.59
1.35 QCOM QUALCOMM INC 2714923 123.68 710,706 87,900,118.08
1.31 ADBE ADOBE INC 2008154 287.06 296,220 85,032,913.20
1.18 AMGN AMGEN INC 2023607 227.75 338,552 77,105,218.00
1.13 HON HONEYWELL INTL 2020459 173.25 426,279 73,852,836.75
1.12 INTC INTEL CORP 2463247 28.07 2,598,363 72,936,049.41
1.09 AMD ADVANCED MICRO DEVICES 2007849 69.50 1,021,609 71,001,825.51
1.09 INTU INTUIT INC 2459020 396.71 178,536 70,827,016.56
1.02 NFLX NETFLIX INC 2857817 237.05 281,381 66,701,366.05
0.98 PYPL PAYPAL HOLDINGS INC BYW36M8 87.66 731,771 64,147,045.86
0.94 SBUX STARBUCKS CORP 2842255 84.70 725,995 61,491,776.50
0.93 ADP AUTOMATIC DATA PROCESSING 2065308 230.47 262,845 60,577,887.15
0.80 MDLZ MONDELEZ INTER-A B8CKK03 59.80 867,004 51,846,839.20
0.78 GILD GILEAD SCIENCES INC 2369174 63.77 792,793 50,556,409.61
0.73 ADI ANALOG DEVICES INC 2032067 145.34 325,322 47,282,299.48
0.72 REGN REGENERON PHARMACEUTICALS 2730190 688.26 67,768 46,642,003.68
0.71 VRTX VERTEX PHARM 2931034 286.34 162,204 46,445,493.36
0.71 AMAT APPLIED MATERIALS INC 2046552 85.04 544,177 46,276,812.08
0.66 ISRG INTUITIVE SURGICAL INC 2871301 191.08 225,821 43,149,876.68
0.66 BKNG BOOKING HOLDINGS INC BDRXDB4 1,720.58 24,991 42,999,014.78
0.61 FISV FISERV INC 2342034 98.56 404,445 39,862,099.20
0.59 CSX CSX CORP 2160753 28.57 1,353,855 38,679,637.35
0.59 ATVI ACTIVISION BLIZZARD INC 2575818 77.03 494,634 38,101,657.02
0.53 MU MICRON TECHNOLOGY INC 2588184 49.66 697,450 34,635,367.00
0.53 CHTR CHARTER COMMUN-A BZ6VT82 333.96 103,086 34,426,600.56
0.51 LRCX LAM RESEARCH CORP 2502247 386.83 86,612 33,504,119.96
0.51 KDP KEURIG DR PEPPER INC BD3W133 37.11 895,123 33,218,014.53
0.49 AEP AMERICAN ELECTRIC POWER 2026242 98.88 324,723 32,108,610.24
0.48 PANW PALO ALTO NETWORKS INC B87ZMX0 166.18 188,902 31,391,734.36
0.47 MRNA MODERNA INC BGSXTS3 124.32 247,291 30,743,217.12
0.46 SNPS SYNOPSYS INC 2867719 306.97 96,668 29,674,175.96
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 86.77 332,965 28,891,373.05
0.44 KLAC KLA CORP 2480138 313.07 91,886 28,766,750.02
0.44 MAR MARRIOTT INTL-A 2210614 140.11 205,133 28,741,184.63
0.43 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 693.56 40,524 28,105,825.44
0.43 CDNS CADENCE DESIGN SYS INC 2302232 162.32 173,072 28,093,047.04
0.42 MELI MERCADOLIBRE INC B23X1H3 850.00 31,790 27,021,500.00
0.41 PAYX PAYCHEX INC 2674458 117.61 227,361 26,739,927.21
0.41 KHC KRAFT HEINZ CO/THE BYRY499 34.26 774,241 26,525,496.66
0.40 ABNB AIRBNB INC-CLASS A BMGYYH4 103.72 252,276 26,166,066.72
0.40 EXC EXELON CORP 2670519 41.68 627,634 26,159,785.12
0.40 NXPI NXP SEMICONDUCTORS NV B505PN7 155.13 165,911 25,737,773.43
0.39 ADSK AUTODESK INC 2065159 187.15 136,404 25,528,008.60
0.38 CTAS CINTAS CORP 2197137 388.77 64,430 25,048,451.10
0.38 XEL XCEL ENERGY INC 2614807 72.45 345,502 25,031,619.90
0.37 FTNT FORTINET INC B5B2106 48.74 498,119 24,278,320.06
0.37 ASML ASML HOLDING-NY B908F01 441.04 54,416 23,999,632.64
0.36 LULU LULULEMON ATHLETICA INC B23FN39 306.30 77,272 23,668,413.60
0.36 MRVL MARVELL TECHNOLOGY INC BNKJSM5 43.52 538,583 23,439,132.16
0.34 MCHP MICROCHIP TECHNOLOGY INC 2592174 63.31 348,865 22,086,643.15
0.34 CRWD CROWDSTRIKE HO-A BJJP138 161.28 135,708 21,886,986.24
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 56.31 373,725 21,044,454.75
0.32 EA ELECTRONIC ARTS INC 2310194 117.42 175,584 20,617,073.28
0.31 TEAM ATLASSIAN CORP-A BZ09BD1 220.69 91,515 20,196,445.35
0.31 DXCM DEXCOM INC B0796X4 80.96 247,910 20,070,793.60
0.30 DLTR DOLLAR TREE INC 2272476 139.33 141,315 19,689,418.95
0.30 CTSH COGNIZANT TECH-A 2257019 59.80 326,872 19,546,945.60
0.30 ILMN ILLUMINA INC 2613990 193.49 99,330 19,219,361.70
0.29 ROST ROSS STORES INC 2746711 86.59 220,929 19,130,242.11
0.29 WDAY WORKDAY INC-CLASS A B8K6ZD1 150.49 126,874 19,093,268.26
0.29 PDD PINDUODUO INC-ADR BYVW0F7 63.46 295,462 18,750,018.52
0.29 PCAR PACCAR INC 2665861 84.90 219,479 18,633,767.10
0.28 BIIB BIOGEN INC 2455965 200.62 91,609 18,378,597.58
0.28 WBA WALGREENS BOOTS BTN1Y44 33.32 545,395 18,172,561.40
0.27 CEG CONSTELLATION ENERGY BMH4FS1 85.38 206,103 17,597,074.17
0.27 VRSK VERISK ANALYTICS INC B4P9W92 175.06 99,090 17,346,695.40
0.27 FAST FASTENAL CO 2332262 47.59 362,558 17,254,135.22
0.26 ODFL OLD DOMINION FREIGHT LINE 2656423 244.38 70,505 17,230,011.90
0.26 IDXX IDEXX LABORATORIES INC 2459202 326.08 52,560 17,138,764.80
0.26 JD JD.COM INC-ADR BMM27D9 53.47 318,406 17,025,168.82
0.25 DDOG DATADOG INC - CLASS A BKT9Y49 89.44 183,410 16,404,190.40
0.25 SGEN SEAGEN INC BLPK4D2 140.55 116,331 16,350,322.05
0.24 CPRT COPART INC 2208073 105.08 149,901 15,751,597.08
0.23 LCID LUCID GROUP INC BP0TR77 14.31 1,058,572 15,148,165.32
0.22 ZS ZSCALER INC BZ00V34 162.56 89,466 14,543,592.96
0.22 SIRI SIRIUS XM HOLDINGS INC BGLDK10 5.87 2,455,178 14,411,894.86
0.21 BIDU BAIDU INC - SPON ADR B0FXT17 118.82 114,726 13,631,743.32
0.20 EBAY EBAY INC 2293819 38.30 346,311 13,263,711.30
0.20 ANSS ANSYS INC 2045623 232.04 54,897 12,738,299.88
0.19 CASH 1.00 12,141,381 12,141,380.59
0.18 VRSN VERISIGN INC 2142922 174.64 67,534 11,794,137.76
0.18 ZM ZOOM VIDEO COM-A BGSP7M9 74.54 158,095 11,784,401.30
0.17 ALGN ALIGN TECHNOLOGY INC 2679204 217.95 49,220 10,727,499.00
0.15 SWKS SKYWORKS SOLUTIONS INC 2961053 95.65 100,901 9,651,180.65
0.13 MTCH MATCH GROUP INC BK80XH9 48.56 178,063 8,646,739.28
0.13 SPLK SPLUNK INC B424494 83.28 102,257 8,515,962.96
0.13 NTES NETEASE INC-ADR 2606440 78.95 107,319 8,472,835.05
0.10 DOCU DOCUSIGN INC BFYT7B7 54.00 125,447 6,774,138.00
0.08 OKTA OKTA INC BDFZSP1 55.26 94,403 5,216,709.78
-2.63 NDX US 10/21/22 C11750 29,505.00 -5,804 -171,247,020.00
Holdings are subject to change.

ETF Characteristics As of 09/22/22

Return on Equity 24.30%
Weighted Avg. Market Cap 910,099 M
2021 2022
Price-to-earnings 21.46 21.83
Price-to-book value 5.86 4.84

Source: AltaVista Research, LLC

ETF Risk Stats As of 08/31/22

Versus Beta
S&P 500 0.68
MSCI EAFE 0.65
MSCI Emg. Mkts 0.49
Standard Deviation 14.80%

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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