QYLE


Nasdaq 100 ESG Covered Call ETF

Reasons to Consider QYLE

High Income Potential

QYLE seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1

Efficient Options Execution

QYLE writes call options on the Nasdaq-100 Index, saving investors the time and potential expense of doing so individually.

Conscious Approach

As part of its investment objective, QYLE purchases Nasdaq-100 stocks that are screened for Environmental, Social and Governance (ESG) criteria by Nasdaq.

1Covered call writing can limit the upside potential of the underlying security

Key Information As of 09/22/23

Inception Date 02/21/23
Total Expense Ratio 0.60%
Net Assets $2.49 million
NAV $24.94
Fact Sheet View the document

ETF Summary

The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 ESG Index and “writes” or “sells” call options on the Nasdaq-100 Index.

ETF Objective

The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 ESG BuyWrite Index.

Trading Details As of 09/21/23

Ticker QYLE
Bloomberg Index Ticker NQYLEI
CUSIP 37960A610
ISIN US37960A6102
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 95
30-Day Median Bid-Ask Spread 0.62%

Distributions As of 09/22/23

30-Day SEC Yield 0.16%
Distribution Frequency Monthly

ETF Prices As of 09/22/23

NAV $24.94 Daily Change $0.03 0.12%
Market Price $25.04 Daily Change $0.00 0.00%

Performance History

As of recent
(06/30/23)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month 1.36% 1.25% 0.85%
3 Months 5.69% 5.61% 5.12%
Since Inception 12.82% 12.74% 12.10%
Year-to-Date -- -- --
1 Month -1.74% -2.04% -1.69%
3 Months 2.31% 1.92% 1.79%
Since Inception 13.87% 13.48% 13.16%

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.

Options Details As of 09/21/23

Nasdaq 100 Price 14,694.20 Nasdaq 100 Mini Price 2,938.85

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$1,469,424 15250 3.78% 10/20/2023 29
Short NASDAQ 100 Reduced Value Call Option -$881,655 3050 3.78% 10/20/2023 29

Top Holdings As of 09/22/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.17 AAPL APPLE INC 2046251 174.79 1,880 328,605.20
12.30 MSFT MICROSOFT CORP 2588173 317.01 968 306,865.68
5.74 NVDA NVIDIA CORP 2379504 416.10 344 143,138.40
3.12 AVGO BROADCOM INC BDZ78H9 829.08 94 77,933.52
2.86 ADBE ADOBE INC 2008154 512.90 139 71,293.10
2.74 CSCO CISCO SYSTEMS INC 2198163 53.57 1,277 68,408.89
2.68 PEP PEPSICO INC 2681511 175.27 382 66,953.14
2.67 AMZN AMAZON.COM INC 2000019 129.12 515 66,496.80
2.58 GOOGL ALPHABET INC-CL A BYVY8G0 130.25 494 64,343.50
2.54 GOOG ALPHABET INC-CL C BYY88Y7 131.25 483 63,393.75
2.43 TSLA TESLA INC B616C79 244.88 247 60,485.36
1.84 COST COSTCO WHOLESALE CORP 2701271 558.59 82 45,804.38
1.80 NFLX NETFLIX INC 2857817 379.81 118 44,817.58
1.74 AMD ADVANCED MICRO DEVICES 2007849 96.20 450 43,290.00
1.53 INTU INTUIT INC 2459020 508.57 75 38,142.75
1.43 CMCSA COMCAST CORP-CLASS A 2044545 45.30 786 35,605.80
1.41 AMAT APPLIED MATERIALS INC 2046552 136.17 258 35,131.86
1.37 INTC INTEL CORP 2463247 34.18 1,001 34,214.18
1.36 QCOM QUALCOMM INC 2714923 107.68 314 33,811.52
1.28 TXN TEXAS INSTRUMENTS INC 2885409 160.31 199 31,901.69
1.17 ADP AUTOMATIC DATA PROCESSING 2065308 239.35 122 29,200.70
1.17 AMGN AMGEN INC 2023607 267.70 109 29,179.30
1.16 META META PLATFORMS INC B7TL820 299.08 97 29,010.76
1.15 TMUS T-MOBILE US INC B94Q9V0 139.35 206 28,706.10
1.13 CASH 1.00 28,090 28,090.36
0.99 LRCX LAM RESEARCH CORP 2502247 619.11 40 24,764.40
0.98 BKNG BOOKING HOLDINGS INC BDRXDB4 3,062.54 8 24,500.32
0.87 ISRG INTUITIVE SURGICAL INC 2871301 288.20 75 21,615.00
0.86 REGN REGENERON PHARMACEUTICALS 2730190 824.84 26 21,445.84
0.82 PANW PALO ALTO NETWORKS INC B87ZMX0 228.51 90 20,565.90
0.82 SNPS SYNOPSYS INC 2867719 446.85 46 20,555.10
0.79 CDNS CADENCE DESIGN SYS INC 2302232 230.66 85 19,606.10
0.78 MDLZ MONDELEZ INTER-A B8CKK03 70.43 277 19,509.11
0.75 SBUX STARBUCKS CORP 2842255 93.68 199 18,642.32
0.75 MU MICRON TECHNOLOGY INC 2588184 68.88 270 18,597.60
0.72 GILD GILEAD SCIENCES INC 2369174 75.01 240 18,002.40
0.71 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 936.02 19 17,784.38
0.71 ASML ASML HOLDING-NY B908F01 587.10 30 17,613.00
0.70 VRTX VERTEX PHARM 2931034 349.53 50 17,476.50
0.64 PYPL PAYPAL HOLDINGS INC BYW36M8 57.88 276 15,974.88
0.63 KLAC KLA CORP 2480138 451.82 35 15,813.70
0.52 CSX CSX CORP 2160753 31.20 414 12,916.80
0.51 MELI MERCADOLIBRE INC B23X1H3 1,276.96 10 12,769.60
0.51 CTAS CINTAS CORP 2197137 504.75 25 12,618.75
0.50 MAR MARRIOTT INTL-A 2210614 194.36 64 12,439.04
0.50 LULU LULULEMON ATHLETICA INC B23FN39 388.05 32 12,417.60
0.49 WDAY WORKDAY INC-CLASS A B8K6ZD1 230.82 53 12,233.46
0.47 ADSK AUTODESK INC 2065159 204.04 57 11,630.28
0.47 ODFL OLD DOMINION FREIGHT LINE 2656423 400.66 29 11,619.14
0.47 NXPI NXP SEMICONDUCTORS NV B505PN7 196.79 59 11,610.61
0.46 CHTR CHARTER COMMUN-A BZ6VT82 445.21 26 11,575.46
0.46 MRVL MARVELL TECHNOLOGY INC BNKJSM5 52.30 218 11,401.40
0.45 CPRT COPART INC 2208073 43.16 259 11,178.44
0.44 ABNB AIRBNB INC-CLASS A BMGYYH4 132.20 83 10,972.60
0.43 FTNT FORTINET INC B5B2106 58.24 185 10,774.40
0.43 PAYX PAYCHEX INC 2674458 112.95 94 10,617.30
0.40 CTSH COGNIZANT TECH-A 2257019 69.61 143 9,954.23
0.39 EA ELECTRONIC ARTS INC 2310194 119.00 82 9,758.00
0.37 ROST ROSS STORES INC 2746711 111.66 83 9,267.78
0.35 IDXX IDEXX LABORATORIES INC 2459202 435.69 20 8,713.80
0.35 KDP KEURIG DR PEPPER INC BD3W133 33.12 263 8,710.56
0.34 GFS GLOBALFOUNDRIES INC BMW7F63 56.83 149 8,467.67
0.33 VRSK VERISK ANALYTICS INC B4P9W92 241.95 34 8,226.30
0.32 ON ON SEMICONDUCTOR 2583576 93.81 84 7,880.04
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 67.83 116 7,868.28
0.31 EXC EXELON CORP 2670519 40.21 193 7,760.53
0.30 PDD PDD HOLDINGS INC BYVW0F7 95.93 79 7,578.47
0.30 BIIB BIOGEN INC 2455965 257.68 29 7,472.72
0.29 ANSS ANSYS INC 2045623 302.91 24 7,269.84
0.29 MRNA MODERNA INC BGSXTS3 99.99 71 7,099.29
0.28 DDOG DATADOG INC - CLASS A BKT9Y49 88.76 79 7,012.04
0.28 MNST MONSTER BEVERAGE CORP BZ07BW4 54.52 128 6,978.56
0.27 CRWD CROWDSTRIKE HO-A BJJP138 162.57 42 6,827.94
0.27 TTD TRADE DESK INC-A BD8FDD1 76.35 89 6,795.15
0.27 ILMN ILLUMINA INC 2613990 132.44 51 6,754.44
0.26 TEAM ATLASSIAN CORP-CL A BQ1PC76 195.46 33 6,450.18
0.26 CSGP COSTAR GROUP INC 2262864 78.06 82 6,400.92
0.26 DLTR DOLLAR TREE INC 2272476 104.50 61 6,374.50
0.25 PCAR PACCAR INC 2665861 84.93 73 6,199.89
0.25 SGEN SEAGEN INC BLPK4D2 213.70 29 6,197.30
0.25 WBD WARNER BROS DISCOVERY INC BM8JYX3 11.10 551 6,116.10
0.24 DXCM DEXCOM INC B0796X4 87.50 69 6,037.50
0.23 EBAY EBAY INC 2293819 43.13 135 5,822.55
0.22 ALGN ALIGN TECHNOLOGY INC 2679204 298.56 18 5,374.08
0.22 FAST FASTENAL CO 2332262 54.21 99 5,366.79
0.19 WBA WALGREENS BOOTS BTN1Y44 21.12 225 4,752.00
0.18 ZS ZSCALER INC BZ00V34 151.71 30 4,551.30
0.17 SIRI SIRIUS XM HOLDINGS INC BGLDK10 4.03 1,050 4,231.50
0.17 ZM ZOOM VIDEO COM-A BGSP7M9 68.85 60 4,131.00
0.16 MCHP MICROCHIP TECHNOLOGY INC 2592174 77.08 50 3,854.00
0.14 ENPH ENPHASE ENERGY INC B65SQW4 119.92 29 3,477.68
0.12 KHC KRAFT HEINZ CO/THE BYRY499 34.16 85 2,903.60
0.10 LCID LUCID GROUP INC BP0TR77 5.11 493 2,519.23
0.09 JD JD.COM INC-ADR BMM27D9 30.41 70 2,128.70
-0.27 NQX US 10/20/23 C3050 2,250.00 -3 -6,750.00
-0.44 NDX US 10/20/23 C15250 10,915.00 -1 -10,915.00
-1.01 OTHER PAYABLE & RECEIVABLES 1.00 -25,204 -25,204.35
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 09/21/23

Return on Equity 29.00%
Weighted Avg. Market Cap 1,100,540 M
2022 2023
Price-to-earnings 28.47 26.79
Price-to-book value 8.61 7.07

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject QYLE to loss due to adverse occurrences that may affect that industry or sector. Investors in QYLE should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

QYLE 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. QYLE 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. QYLE is non-diversified.

Companies with favorable ESG attributes may underperform the stock market as a whole. As a result, the Fund may underperform other funds that do not screen companies based on ESG attributes. The criteria used to select companies for investment may result in the Fund investing in securities, industries or sectors that underperform the market as a whole, forgoing opportunities to invest in securities that might otherwise be advantageous to buy or underperform other funds screened for ESG standards.

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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. 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, nor does this entity 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 Nasdaq.