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 06/23/22

Inception Date 12/11/13
Total Expense Ratio 0.60%
Net Assets $6.59 billion
NAV $17.47
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 06/23/22

Ticker QYLD
Bloomberg Index Ticker BXNT
CUSIP 37954Y483
ISIN US37954Y4834
Primary Exchange Nasdaq
Shares Outstanding 377,080,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.06%

Distributions As of 06/23/22

30-Day SEC Yield 0.32%
12-Month Trailing Yield 16.06%
Distribution Yield 12.08%
Distribution Frequency Monthly

ETF Prices As of 06/23/22

NAV $17.47 Daily Change $0.09 0.49%
Market Price $17.47 Daily Change $0.10 0.58%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year 5.33% 5.43% 5.70%
3 Years 9.42% 9.41% 10.26%
5 Years 9.37% 9.38% 10.47%
Since Inception 8.53% 8.54% 9.47%
1 Year -7.89% -7.88% -7.60%
3 Years 5.86% 5.79% 6.66%
5 Years 5.82% 5.81% 6.87%
Since Inception 6.71% 6.71% 7.62%
Year-to-Date -2.79% -2.60% -2.87%
1 Month 5.08% 5.28% 4.94%
3 Months -2.79% -2.60% -2.87%
Since Inception 97.35% 97.53% 111.98%
Year-to-Date -14.61% -14.56% -14.62%
1 Month -5.64% -5.88% -5.60%
3 Months -7.70% -7.64% -7.75%
Since Inception 73.34% 73.28% 86.34%

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 06/23/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.33 AAPL APPLE INC 2046251 138.27 6,350,163 878,037,038.01
11.53 MSFT MICROSOFT CORP 2588173 258.86 2,934,322 759,578,592.92
6.81 AMZN AMAZON.COM INC 2000019 112.44 3,991,581 448,813,367.64
4.35 TSLA TESLA INC B616C79 705.21 406,421 286,612,153.41
4.21 GOOG ALPHABET INC-CL C BYY88Y7 2,253.69 122,955 277,102,453.95
4.02 GOOGL ALPHABET INC-CL A BYVY8G0 2,244.84 117,994 264,877,650.96
3.40 NVDA NVIDIA CORP 2379504 162.25 1,380,130 223,926,092.50
3.25 META META PLATFORMS INC B7TL820 158.75 1,347,153 213,860,538.75
2.24 PEP PEPSICO INC 2681511 164.10 899,738 147,647,005.80
2.08 COST COSTCO WHOLESALE CORP 2701271 475.00 288,402 136,990,950.00
2.00 AVGO BROADCOM INC BDZ78H9 496.58 265,666 131,924,422.28
1.76 ADBE ADOBE INC 2008154 376.64 307,440 115,794,201.60
1.76 CSCO CISCO SYSTEMS INC 2198163 42.93 2,694,438 115,672,223.34
1.73 CMCSA COMCAST CORP-CLASS A 2044545 39.11 2,908,801 113,763,207.11
1.68 TMUS T-MOBILE US INC B94Q9V0 135.94 815,601 110,872,799.94
1.51 INTC INTEL CORP 2463247 37.41 2,660,349 99,523,656.09
1.38 TXN TEXAS INSTRUMENTS INC 2885409 151.14 599,938 90,674,629.32
1.33 QCOM QUALCOMM INC 2714923 120.09 728,645 87,502,978.05
1.32 AMD ADVANCED MICRO DEVICES 2007849 82.43 1,054,249 86,901,744.84
1.30 AMGN AMGEN INC 2023607 243.09 351,268 85,389,738.12
1.17 HON HONEYWELL INTL 2020459 174.57 442,840 77,306,578.80
1.12 INTU INTUIT INC 2459020 400.75 183,461 73,521,995.75
0.87 ADP AUTOMATIC DATA PROCESSING 2065308 210.58 271,684 57,211,216.72
0.85 SBUX STARBUCKS CORP 2842255 75.20 745,848 56,087,769.60
0.84 PYPL PAYPAL HOLDINGS INC BYW36M8 73.81 753,130 55,588,525.30
0.83 MDLZ MONDELEZ INTER-A B8CKK03 61.04 899,974 54,934,412.96
0.80 AMAT APPLIED MATERIALS INC 2046552 93.28 565,696 52,768,122.88
0.80 NFLX NETFLIX INC 2857817 181.71 288,906 52,497,109.26
0.78 GILD GILEAD SCIENCES INC 2369174 62.58 815,584 51,039,246.72
0.75 CHTR CHARTER COMMUN-A BZ6VT82 455.13 109,135 49,670,612.55
0.75 ADI ANALOG DEVICES INC 2032067 145.54 337,993 49,191,501.22
0.74 BKNG BOOKING HOLDINGS INC BDRXDB4 1,835.06 26,387 48,421,728.22
0.73 ISRG INTUITIVE SURGICAL INC 2871301 204.50 233,404 47,731,118.00
0.72 VRTX VERTEX PHARM 2931034 283.50 166,319 47,151,436.50
0.65 REGN REGENERON PHARMACEUTICALS 2730190 607.39 70,216 42,648,496.24
0.62 MU MICRON TECHNOLOGY INC 2588184 56.22 725,951 40,812,965.22
0.62 CSX CSX CORP 2160753 28.71 1,413,518 40,582,101.78
0.59 ATVI ACTIVISION BLIZZARD INC 2575818 76.49 508,299 38,879,790.51
0.58 LRCX LAM RESEARCH CORP 2502247 424.08 90,207 38,254,984.56
0.57 FISV FISERV INC 2342034 89.73 420,183 37,703,020.59
0.56 MRNA MODERNA INC BGSXTS3 143.26 258,487 37,030,847.62
0.49 PANW PALO ALTO NETWORKS INC B87ZMX0 503.07 64,719 32,558,187.33
0.49 KDP KEURIG DR PEPPER INC BD3W133 35.21 921,882 32,459,465.22
0.48 MNST MONSTER BEVERAGE CORP BZ07BW4 92.18 344,193 31,727,710.74
0.47 KLAC KLA CORP 2480138 320.66 96,973 31,095,362.18
0.47 AEP AMERICAN ELECTRIC POWER 2026242 92.41 333,670 30,834,444.70
0.47 SNPS SYNOPSYS INC 2867719 309.25 99,363 30,728,007.75
0.46 KHC KRAFT HEINZ CO/THE BYRY499 37.85 795,319 30,102,824.15
0.45 FTNT FORTINET INC B5B2106 56.80 521,375 29,614,100.00
0.43 MAR MARRIOTT INTL-A 2210614 133.06 212,693 28,300,930.58
0.42 PAYX PAYCHEX INC 2674458 117.31 234,551 27,515,177.81
0.41 CDNS CADENCE DESIGN SYS INC 2302232 151.06 179,111 27,056,507.66
0.41 ASML ASML HOLDING-NY B908F01 485.50 55,694 27,039,437.00
0.41 EXC EXELON CORP 2670519 42.23 636,785 26,891,430.55
0.41 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 628.19 42,706 26,827,482.14
0.40 NXPI NXP SEMICONDUCTORS NV B505PN7 153.51 170,575 26,184,968.25
0.39 ADSK AUTODESK INC 2065159 183.41 141,259 25,908,313.19
0.39 MRVL MARVELL TECHNOLOGY INC BNKJSM5 46.26 552,079 25,539,174.54
0.37 CTAS CINTAS CORP 2197137 366.53 66,433 24,349,687.49
0.37 CRWD CROWDSTRIKE HO-A BJJP138 174.90 138,528 24,228,547.20
0.37 AZN ASTRAZENECA PLC-SPONS ADR 2989044 64.45 375,297 24,187,891.65
0.36 XEL XCEL ENERGY INC 2614807 67.28 353,742 23,799,761.76
0.36 ABNB AIRBNB INC-CLASS A BMGYYH4 95.72 248,292 23,766,510.24
0.36 EA ELECTRONIC ARTS INC 2310194 128.96 181,764 23,440,285.44
0.35 WBA WALGREENS BOOTS BTN1Y44 40.89 560,955 22,937,449.95
0.35 MELI MERCADOLIBRE INC B23X1H3 698.64 32,698 22,844,130.72
0.35 CTSH COGNIZANT TECH-A 2257019 67.38 338,454 22,805,030.52
0.34 DLTR DOLLAR TREE INC 2272476 155.51 145,810 22,674,913.10
0.34 LULU LULULEMON ATHLETICA INC B23FN39 286.33 78,982 22,614,916.06
0.32 BIDU BAIDU INC - SPON ADR B0FXT17 146.13 144,406 21,102,048.78
0.32 LCID LUCID GROUP INC BP0TR77 19.30 1,082,457 20,891,420.10
0.32 SGEN SEAGEN INC BLPK4D2 174.00 119,526 20,797,524.00
0.31 MCHP MICROCHIP TECHNOLOGY INC 2592174 57.91 355,076 20,562,451.16
0.31 JD JD.COM INC-ADR BMM27D9 61.90 329,070 20,369,433.00
0.31 BIIB BIOGEN INC 2455965 211.38 95,066 20,095,051.08
0.30 ILMN ILLUMINA INC 2613990 193.55 101,955 19,733,390.25
0.29 ZM ZOOM VIDEO COM-A BGSP7M9 117.67 163,395 19,226,689.65
0.29 IDXX IDEXX LABORATORIES INC 2459202 355.62 53,935 19,180,364.70
0.29 DXCM DEXCOM INC B0796X4 75.21 254,705 19,156,363.05
0.28 FAST FASTENAL CO 2332262 50.44 369,114 18,618,110.16
0.28 DDOG DATADOG INC - CLASS A BKT9Y49 100.60 183,659 18,476,095.40
0.28 PDD PINDUODUO INC-ADR BYVW0F7 64.23 287,613 18,473,382.99
0.28 WDAY WORKDAY INC-CLASS A B8K6ZD1 142.19 129,201 18,371,090.19
0.28 ODFL OLD DOMINION FREIGHT LINE 2656423 247.62 73,556 18,213,936.72
0.28 PCAR PACCAR INC 2665861 81.58 223,237 18,211,674.46
0.27 TEAM ATLASSIAN CORP-A BZ09BD1 193.26 92,819 17,938,199.94
0.26 VRSK VERISK ANALYTICS INC B4P9W92 170.97 101,803 17,405,258.91
0.26 CPRT COPART INC 2208073 110.16 154,218 16,988,654.88
0.26 ROST ROSS STORES INC 2746711 73.98 227,409 16,823,717.82
0.24 CASH 1.00 15,909,185 15,909,184.65
0.24 EBAY EBAY INC 2293819 42.97 364,818 15,676,229.46
0.24 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.10 2,553,059 15,573,659.90
0.23 ZS ZSCALER INC BZ00V34 162.76 91,511 14,894,330.36
0.21 ANSS ANSYS INC 2045623 246.54 56,265 13,871,573.10
0.21 MTCH MATCH GROUP INC BK80XH9 73.45 184,276 13,535,072.20
0.20 ALGN ALIGN TECHNOLOGY INC 2679204 251.12 51,105 12,833,487.60
0.19 CEG CONSTELLATION ENERGY BMH4FS1 58.65 211,874 12,426,410.12
0.18 VRSN VERISIGN INC 2142922 163.89 70,959 11,629,470.51
0.16 NTES NETEASE INC-ADR 2606440 90.86 117,690 10,693,313.40
0.15 SPLK SPLUNK INC B424494 92.36 104,118 9,616,338.48
0.15 SWKS SKYWORKS SOLUTIONS INC 2961053 94.27 101,645 9,582,074.15
0.14 OKTA OKTA INC BDFZSP1 93.40 97,440 9,100,896.00
0.13 DOCU DOCUSIGN INC BFYT7B7 65.70 129,295 8,494,681.50
-6.66 NDX US 07/15/22 C11150 73,245.00 -5,993 -438,957,285.00
Holdings are subject to change.

ETF Characteristics As of 06/23/22

Return on Equity 25.40%
Weighted Avg. Market Cap 920,479 M
2021 2022
Price-to-earnings 23.32 22.41
Price-to-book value 6.33 5.17

Source: AltaVista Research, LLC

ETF Risk Stats As of 06/23/22

Versus Beta
S&P 500 0.71
MSCI EAFE 0.67
MSCI Emg. Mkts 0.51
Standard Deviation 14.20%

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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