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 03/22/23

Inception Date 02/21/23
Total Expense Ratio 0.60%
Net Assets $2.52 million
NAV $25.24
Fact Sheet

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 03/22/23

Ticker QYLE
Bloomberg Index Ticker NQYLEI
CUSIP 37960A610
ISIN US37960A6102
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 94
30-Day Median Bid-Ask Spread N/A

Distributions As of 03/22/23

30-Day SEC Yield N/A
Distribution Frequency Monthly

ETF Prices As of 03/22/23

NAV $25.24 Daily Change -$0.13 -0.51%
Market Price $25.27 Daily Change -$0.09 -0.35%

Performance History

As of recent
(12/31/22)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --
Year-to-Date -- -- --
1 Month -- -- 0.66%
3 Months -- -- --
Since Inception 0.65% 0.82% 0.66%

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 03/22/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$2,513,430 12525 100.30% 04/21/2023 30

Top Holdings As of 03/22/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
14.12 MSFT MICROSOFT CORP 2588173 272.29 1,309 356,427.61
13.86 AAPL APPLE INC 2046251 157.83 2,216 349,751.28
7.26 NVDA NVIDIA CORP 2379504 264.68 692 183,158.56
3.19 AMZN AMAZON.COM INC 2000019 98.70 816 80,539.20
3.16 GOOG ALPHABET INC-CL C BYY88Y7 104.22 764 79,624.08
3.14 GOOGL ALPHABET INC-CL A BYVY8G0 103.37 766 79,181.42
2.71 PEP PEPSICO INC 2681511 176.51 388 68,485.88
2.64 CSCO CISCO SYSTEMS INC 2198163 49.46 1,349 66,721.54
2.46 TSLA TESLA INC B616C79 191.15 325 62,123.75
2.18 AVGO BROADCOM INC BDZ78H9 630.92 87 54,890.04
2.12 ADBE ADOBE INC 2008154 361.71 148 53,533.08
1.64 QCOM QUALCOMM INC 2714923 121.97 339 41,347.83
1.60 COST COSTCO WHOLESALE CORP 2701271 487.52 83 40,464.16
1.46 NFLX NETFLIX INC 2857817 293.90 125 36,737.50
1.45 AMD ADVANCED MICRO DEVICES 2007849 97.58 376 36,690.08
1.37 TXN TEXAS INSTRUMENTS INC 2885409 176.32 196 34,558.72
1.31 INTU INTUIT INC 2459020 414.21 80 33,136.80
1.31 AMAT APPLIED MATERIALS INC 2046552 118.86 277 32,924.22
1.20 CMCSA COMCAST CORP-CLASS A 2044545 36.20 837 30,299.40
1.19 INTC INTEL CORP 2463247 28.13 1,069 30,070.97
1.17 TMUS T-MOBILE US INC B94Q9V0 143.46 206 29,552.76
1.16 META META PLATFORMS INC B7TL820 199.81 146 29,172.26
1.10 ADP AUTOMATIC DATA PROCESSING 2065308 213.26 130 27,723.80
1.05 AMGN AMGEN INC 2023607 229.83 115 26,430.45
0.93 PYPL PAYPAL HOLDINGS INC BYW36M8 74.34 316 23,491.44
0.86 LRCX LAM RESEARCH CORP 2502247 506.30 43 21,770.90
0.83 REGN REGENERON PHARMACEUTICALS 2730190 751.30 28 21,036.40
0.81 BKNG BOOKING HOLDINGS INC BDRXDB4 2,558.24 8 20,465.92
0.81 SBUX STARBUCKS CORP 2842255 99.12 206 20,418.72
0.77 GILD GILEAD SCIENCES INC 2369174 77.81 250 19,452.50
0.77 MDLZ MONDELEZ INTER-A B8CKK03 67.36 288 19,399.68
0.76 ASML ASML HOLDING-NY B908F01 640.37 30 19,211.10
0.73 CDNS CADENCE DESIGN SYS INC 2302232 204.00 90 18,360.00
0.71 PANW PALO ALTO NETWORKS INC B87ZMX0 190.89 94 17,943.66
0.71 SNPS SYNOPSYS INC 2867719 371.35 48 17,824.80
0.71 FISV FISERV INC 2342034 111.35 160 17,816.00
0.69 ATVI ACTIVISION BLIZZARD INC 2575818 78.64 220 17,300.80
0.67 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 808.97 21 16,988.37
0.67 MU MICRON TECHNOLOGY INC 2588184 58.17 290 16,869.30
0.65 ISRG INTUITIVE SURGICAL INC 2871301 240.81 68 16,375.08
0.61 VRTX VERTEX PHARM 2931034 297.87 52 15,489.24
0.61 KLAC KLA CORP 2480138 381.86 40 15,274.40
0.52 MELI MERCADOLIBRE INC B23X1H3 1,186.63 11 13,052.93
0.49 CSX CSX CORP 2160753 28.29 434 12,277.86
0.48 WDAY WORKDAY INC-CLASS A B8K6ZD1 184.29 65 11,978.85
0.47 ADSK AUTODESK INC 2065159 198.38 60 11,902.80
0.47 ILMN ILLUMINA INC 2613990 217.18 54 11,727.72
0.46 FTNT FORTINET INC B5B2106 61.21 190 11,629.90
0.45 MRNA MODERNA INC BGSXTS3 148.18 77 11,409.86
0.45 CTAS CINTAS CORP 2197137 436.04 26 11,337.04
0.45 EA ELECTRONIC ARTS INC 2310194 113.16 100 11,316.00
0.43 MAR MARRIOTT INTL-A 2210614 163.21 66 10,771.86
0.42 GFS GLOBALFOUNDRIES INC BMW7F63 68.26 154 10,512.04
0.41 LULU LULULEMON ATHLETICA INC B23FN39 303.73 34 10,326.82
0.41 PAYX PAYCHEX INC 2674458 107.07 96 10,278.72
0.41 ROST ROSS STORES INC 2746711 102.61 100 10,261.00
0.40 NXPI NXP SEMICONDUCTORS NV B505PN7 176.62 57 10,067.34
0.40 ABNB AIRBNB INC-CLASS A BMGYYH4 121.17 83 10,057.11
0.39 ODFL OLD DOMINION FREIGHT LINE 2656423 330.82 30 9,924.60
0.39 CHTR CHARTER COMMUN-A BZ6VT82 341.83 29 9,913.07
0.39 KDP KEURIG DR PEPPER INC BD3W133 34.67 280 9,707.60
0.38 IDXX IDEXX LABORATORIES INC 2459202 475.03 20 9,500.60
0.37 MRVL MARVELL TECHNOLOGY INC BNKJSM5 40.16 230 9,236.80
0.36 DLTR DOLLAR TREE INC 2272476 138.63 66 9,149.58
0.34 ANSS ANSYS INC 2045623 309.13 28 8,655.64
0.34 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.57 130 8,654.10
0.34 DXCM DEXCOM INC B0796X4 115.00 75 8,625.00
0.34 CTSH COGNIZANT TECH-A 2257019 57.44 150 8,616.00
0.34 CPRT COPART INC 2208073 70.49 120 8,458.80
0.31 BIIB BIOGEN INC 2455965 261.22 30 7,836.60
0.31 WBA WALGREENS BOOTS BTN1Y44 32.50 240 7,800.00
0.30 EXC EXELON CORP 2670519 39.68 193 7,658.24
0.29 VRSK VERISK ANALYTICS INC B4P9W92 182.94 40 7,317.60
0.27 MNST MONSTER BEVERAGE CORP BZ07BW4 102.35 66 6,755.10
0.25 ALGN ALIGN TECHNOLOGY INC 2679204 312.31 20 6,246.20
0.24 EBAY EBAY INC 2293819 42.86 140 6,000.40
0.24 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 149.03 40 5,961.20
0.24 SGEN SEAGEN INC BLPK4D2 198.37 30 5,951.10
0.23 ENPH ENPHASE ENERGY INC B65SQW4 202.15 29 5,862.35
0.23 PDD PDD HOLDINGS INC BYVW0F7 75.58 76 5,744.08
0.23 CRWD CROWDSTRIKE HO-A BJJP138 133.26 43 5,730.18
0.21 PCAR PACCAR INC 2665861 70.34 76 5,345.84
0.19 MCHP MICROCHIP TECHNOLOGY INC 2592174 80.57 60 4,834.20
0.19 FAST FASTENAL CO 2332262 51.83 90 4,664.70
0.16 ZM ZOOM VIDEO COM-A BGSP7M9 68.75 60 4,125.00
0.16 DDOG DATADOG INC - CLASS A BKT9Y49 66.19 60 3,971.40
0.16 CSGP COSTAR GROUP INC 2262864 65.99 60 3,959.40
0.15 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.68 1,050 3,864.00
0.13 CASH 1.00 3,268 3,268.32
0.13 ZS ZSCALER INC BZ00V34 108.86 30 3,265.80
0.12 LCID LUCID GROUP INC BP0TR77 7.93 370 2,934.10
0.11 JD JD.COM INC-ADR BMM27D9 38.50 70 2,695.00
0.10 KHC KRAFT HEINZ CO/THE BYRY499 37.57 70 2,629.90
0.06 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 13.29 120 1,594.80
-3.19 NDX US 04/21/23 C12525 40,265.00 -2 -80,530.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/22/23

Return on Equity 26.60%
Weighted Avg. Market Cap 813,742 M
2022 2023
Price-to-earnings 24.46 24.20
Price-to-book value 7.16 5.84

Source: AltaVista 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.

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