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 04/23/24

Inception Date 02/21/23
Total Expense Ratio 0.61%
Net Assets $2.32 million
NAV $25.79
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 04/23/24

Ticker QYLE
Bloomberg Index Ticker NQYLEI
CUSIP 37960A610
ISIN US37960A6102
Primary Exchange Nasdaq
Shares Outstanding 90,000
Number of Holdings 96
30-Day Median Bid-Ask Spread 0.86%

Distributions As of 04/23/24

30-Day SEC Yield 0.16%
12-Month Trailing Yield 13.56%
Distribution Yield 11.98%
Distribution Frequency Monthly

ETF Prices As of 04/23/24

NAV $25.79 Daily Change $0.22 0.86%
Market Price $25.73 Daily Change $0.18 0.70%

Performance History

As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
1 Year 17.34% 17.39% 17.82%
Since Inception 22.56% 22.61% 22.91%
1 Year 17.34% 17.39% 17.82%
Since Inception 22.56% 22.61% 22.91%
Year-to-Date 6.80% 7.08% 7.57%
1 Month 1.98% 1.67% 2.47%
3 Months 6.80% 7.08% 7.57%
Since Inception 25.26% 25.32% 25.65%
Year-to-Date 6.80% 7.08% 7.57%
1 Month 1.98% 1.67% 2.47%
3 Months 6.80% 7.08% 7.57%
Since Inception 25.26% 25.32% 25.65%

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 04/23/24

Nasdaq 100 Price 17,471.50 Nasdaq 100 Mini Price 3,494.29

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$1,747,147 17250 0.00% 05/17/2024 24
Short NASDAQ 100 Reduced Value Call Option -$349,429 3400 0.00% 05/17/2024 24

Top Holdings As of 04/23/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.73 MSFT MICROSOFT CORP 2588173 407.57 668 272,256.76
9.18 AAPL APPLE INC 2046251 166.90 1,277 213,131.30
8.56 NVDA NVIDIA CORP 2379504 824.23 241 198,639.43
4.68 AVGO BROADCOM INC BDZ78H9 1,249.19 87 108,679.53
2.75 AMZN AMAZON.COM INC 2000019 179.54 355 63,736.70
2.49 AMD ADVANCED MICRO DEVICES 2007849 152.27 380 57,862.60
2.49 LIN LINDE PLC BNZHB81 445.06 130 57,857.80
2.39 NFLX NETFLIX INC 2857817 577.75 96 55,464.00
2.33 GOOGL ALPHABET INC-CL A BYVY8G0 158.26 341 53,966.66
2.26 GOOG ALPHABET INC-CL C BYY88Y7 159.92 328 52,453.76
2.20 ADBE ADOBE INC 2008154 472.90 108 51,073.20
2.07 CSCO CISCO SYSTEMS INC 2198163 48.32 995 48,078.40
1.78 QCOM QUALCOMM INC 2714923 161.35 256 41,305.60
1.78 COST COSTCO WHOLESALE CORP 2701271 722.68 57 41,192.76
1.77 AMAT APPLIED MATERIALS INC 2046552 193.24 212 40,966.88
1.73 META META PLATFORMS INC B7TL820 496.10 81 40,184.10
1.71 PEP PEPSICO INC 2681511 171.22 232 39,723.04
1.61 TSLA TESLA INC B616C79 144.68 259 37,472.12
1.58 INTU INTUIT INC 2459020 630.88 58 36,591.04
1.26 LRCX LAM RESEARCH CORP 2502247 887.42 33 29,284.86
1.21 INTC INTEL CORP 2463247 34.28 822 28,178.16
1.19 TMUS T-MOBILE US INC B94Q9V0 163.25 169 27,589.25
1.17 CASH 1.00 27,051 27,051.31
1.16 TXN TEXAS INSTRUMENTS INC 2885409 165.47 163 26,971.61
1.08 CMCSA COMCAST CORP-CLASS A 2044545 40.36 620 25,023.20
1.07 BKNG BOOKING HOLDINGS INC BDRXDB4 3,533.99 7 24,737.93
1.06 ADP AUTOMATIC DATA PROCESSING 2065308 246.84 100 24,684.00
1.01 ISRG INTUITIVE SURGICAL INC 2871301 377.08 62 23,378.96
1.00 MU MICRON TECHNOLOGY INC 2588184 112.46 206 23,166.76
0.99 PANW PALO ALTO NETWORKS INC B87ZMX0 293.49 78 22,892.22
0.97 AMGN AMGEN INC 2023607 273.54 82 22,430.28
0.93 ASML ASML HOLDING-NY B908F01 901.57 24 21,637.68
0.90 REGN REGENERON PHARMACEUTICALS 2730190 907.32 23 20,868.36
0.87 CDNS CADENCE DESIGN SYS INC 2302232 281.76 72 20,286.72
0.82 SNPS SYNOPSYS INC 2867719 527.50 36 18,990.00
0.81 KLAC KLA CORP 2480138 648.21 29 18,798.09
0.75 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,092.35 16 17,477.60
0.72 VRTX VERTEX PHARM 2931034 404.91 41 16,601.31
0.66 MDLZ MONDELEZ INTER-A B8CKK03 70.75 217 15,352.75
0.65 SBUX STARBUCKS CORP 2842255 87.87 171 15,025.77
0.63 CTAS CINTAS CORP 2197137 666.33 22 14,659.26
0.61 PYPL PAYPAL HOLDINGS INC BYW36M8 64.43 219 14,110.17
0.59 CRWD CROWDSTRIKE HO-A BJJP138 299.65 46 13,783.90
0.57 GILD GILEAD SCIENCES INC 2369174 67.03 198 13,271.94
0.51 MRVL MARVELL TECHNOLOGY INC BNKJSM5 63.86 185 11,814.10
0.50 CPRT COPART INC 2208073 54.31 213 11,568.03
0.50 MAR MARRIOTT INTL-A 2210614 239.69 48 11,505.12
0.49 CSX CSX CORP 2160753 34.72 326 11,318.72
0.49 WDAY WORKDAY INC-CLASS A B8K6ZD1 256.82 44 11,300.08
0.48 MELI MERCADOLIBRE INC B23X1H3 1,395.00 8 11,160.00
0.47 NXPI NXP SEMICONDUCTORS NV B505PN7 225.61 48 10,829.28
0.45 ODFL OLD DOMINION FREIGHT LINE 2656423 219.28 48 10,525.44
0.44 ROP ROPER TECHNOLOGIES INC 2749602 539.62 19 10,252.78
0.44 ABNB AIRBNB INC-CLASS A BMGYYH4 160.95 63 10,139.85
0.43 ADSK AUTODESK INC 2065159 217.93 46 10,024.78
0.42 FTNT FORTINET INC B5B2106 64.80 149 9,655.20
0.41 PAYX PAYCHEX INC 2674458 121.62 78 9,486.36
0.41 LULU LULULEMON ATHLETICA INC B23FN39 364.68 26 9,481.68
0.39 CDW CDW CORP/DE BBM5MD6 240.47 38 9,137.86
0.39 ROST ROSS STORES INC 2746711 133.09 68 9,050.12
0.37 PCAR PACCAR INC 2665861 113.32 75 8,499.00
0.36 PDD PDD HOLDINGS INC BYVW0F7 128.02 66 8,449.32
0.36 IDXX IDEXX LABORATORIES INC 2459202 493.80 17 8,394.60
0.36 EA ELECTRONIC ARTS INC 2310194 127.14 66 8,391.24
0.36 DDOG DATADOG INC - CLASS A BKT9Y49 126.44 66 8,345.04
0.36 DXCM DEXCOM INC B0796X4 134.00 62 8,308.00
0.35 DASH DOORDASH INC - A BN13P03 129.36 63 8,149.68
0.33 CTSH COGNIZANT TECH-A 2257019 67.77 112 7,590.24
0.30 MRNA MODERNA INC BGSXTS3 107.89 65 7,012.85
0.30 CCEP COCA-COLA EUROPA BYQQ3P5 69.13 101 6,982.13
0.28 AZN ASTRAZENECA PLC-SPONS ADR 2989044 70.85 93 6,589.05
0.28 KDP KEURIG DR PEPPER INC BD3W133 31.76 207 6,574.32
0.28 VRSK VERISK ANALYTICS INC B4P9W92 222.25 29 6,445.25
0.27 ANSS ANSYS INC 2045623 325.97 19 6,193.43
0.26 CSGP COSTAR GROUP INC 2262864 84.62 71 6,008.02
0.26 TEAM ATLASSIAN CORP-CL A BQ1PC76 199.44 30 5,983.20
0.25 TTD TRADE DESK INC-A BD8FDD1 81.07 72 5,837.04
0.25 EXC EXELON CORP 2670519 37.56 153 5,746.68
0.25 GFS GLOBALFOUNDRIES INC BMW7F63 46.35 123 5,701.05
0.24 CHTR CHARTER COMMUN-A BZ6VT82 266.31 21 5,592.51
0.23 ZS ZSCALER INC BZ00V34 176.92 30 5,307.60
0.23 FAST FASTENAL CO 2332262 67.12 79 5,302.48
0.23 TTWO TAKE-TWO INTERAC 2122117 141.72 37 5,243.64
0.22 MDB MONGODB INC BF2FJ99 366.31 14 5,128.34
0.21 DLTR DOLLAR TREE INC 2272476 122.56 39 4,779.84
0.19 BIIB BIOGEN INC 2455965 193.18 23 4,443.14
0.19 MCHP MICROCHIP TECHNOLOGY INC 2592174 86.19 50 4,309.50
0.18 ON ON SEMICONDUCTOR 2583576 61.68 68 4,194.24
0.16 MNST MONSTER BEVERAGE CORP BZ07BW4 53.73 71 3,814.83
0.16 ILMN ILLUMINA INC 2613990 124.46 30 3,733.80
0.16 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.44 434 3,662.96
0.14 WBA WALGREENS BOOTS BTN1Y44 18.05 183 3,303.15
0.13 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 86.24 36 3,104.64
0.11 KHC KRAFT HEINZ CO/THE BYRY499 38.07 68 2,588.76
0.11 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.16 818 2,584.88
-0.58 NQX US 05/17/24 C3400 13,395.00 -1 -13,395.00
-1.00 OTHER PAYABLE & RECEIVABLES 1.00 -23,125 -23,124.59
-2.10 NDX US 05/17/24 C17250 48,675.00 -1 -48,675.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 04/23/24

Return on Equity 25.40%
Weighted Avg. Market Cap 1,098,660 M
2023 2024
Price-to-earnings 30.74 26.30
Price-to-book value 7.47 6.02

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 0.43
NASDAQ-100 0.41
MSCI EAFE 0.32
MSCI Emg. Mkts 0.34
Standard Deviation 7.90%

Source: new windowAltaVista Research, LLC

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.