NAV | $17.47 | Daily Change | $0.09 | 0.49% |
Market Price | $17.47 | Daily Change | $0.10 | 0.58% |
QYLD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1
QYLD has made monthly distributions 8 years running.
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
Inception Date | 12/11/13 |
Total Expense Ratio | 0.60% |
Net Assets | $6.59 billion |
NAV | $17.47 |
Fact Sheet |
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.
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.
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% |
30-Day SEC Yield | 0.32% |
12-Month Trailing Yield | 16.06% |
Distribution Yield | 12.08% |
Distribution Frequency | Monthly |
NAV | $17.47 | Daily Change | $0.09 | 0.49% |
Market Price | $17.47 | Daily Change | $0.10 | 0.58% |
As of recent (03/31/22)
As of recent (03/31/22)
|
Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | 5.33% | 5.43% | 5.70% |
3 Years | 9.42% | 9.41% | 10.26% |
5 Years | 9.37% | 9.38% | 10.47% |
Since Inception | 8.53% | 8.54% | 9.47% |
1 Year | -7.89% | -7.88% | -7.60% |
3 Years | 5.86% | 5.79% | 6.66% |
5 Years | 5.82% | 5.81% | 6.87% |
Since Inception | 6.71% | 6.71% | 7.62% |
Year-to-Date | -2.79% | -2.60% | -2.87% |
1 Month | 5.08% | 5.28% | 4.94% |
3 Months | -2.79% | -2.60% | -2.87% |
Since Inception | 97.35% | 97.53% | 111.98% |
Year-to-Date | -14.61% | -14.56% | -14.62% |
1 Month | -5.64% | -5.88% | -5.60% |
3 Months | -7.70% | -7.64% | -7.75% |
Since Inception | 73.34% | 73.28% | 86.34% |
The Fund’s investment objective and investment strategies changed effective October 15, 2015. Hybrid index performance (noted as "Index" above in the chart) reflects the performance of the Cboe NASDAQ-100 BuyWrite Index through October 14, 2015 and the Cboe NASDAQ-100 BuyWrite V2 Index thereafter. The Fund was also re-organized effective December 24, 2018. Fund returns (NAV & Closing Price) presented above reflect the performance of the predecessor Fund through December 21, 2018.
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | 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 |
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
Versus | Beta |
---|---|
S&P 500 | 0.71 |
MSCI EAFE | 0.67 |
MSCI Emg. Mkts | 0.51 |
Standard Deviation | 14.20% |
Source: AltaVista Research, LLC
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.