QYLG


Nasdaq 100 Covered Call & Growth ETF

Reasons to Consider QYLG

High Income Potential

QYLG seeks to generate income by writing covered calls on the underlying index.

Upside Potential

By writing calls on 50% of the portfolio, the strategy allows investors to capture half the upside potential of the underlying index.

Monthly Distributions

QYLG makes distributions on a monthly basis.

Key Information As of 05/26/22

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $56.60 million
NAV $24.82
Fact Sheet

ETF Summary

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) 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 approximately 50% of the value of the portfolio of stocks in the same index.

ETF Objective

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 Half BuyWrite V2 Index.

Trading Details As of 05/26/22

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 2,280,000
Number of Holdings 104
30-Day Median Bid-Ask Spread 0.37%

Distributions As of 05/26/22

30-Day SEC Yield 0.19%
12-Month Trailing Yield 12.70%
Distribution Yield 5.80%
Distribution Frequency Monthly

ETF Prices As of 05/26/22

NAV $24.82 Daily Change $0.48 1.97%
Market Price $24.83 Daily Change $0.54 2.22%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year 9.53% 9.67% 10.06%
Since Inception 17.54% 17.84% 18.20%
1 Year -5.08% -4.51% -4.55%
Since Inception 9.01% 9.38% 9.63%
Year-to-Date -6.04% -5.75% -5.95%
1 Month 4.54% 5.15% 4.62%
3 Months -6.04% -5.75% -5.95%
Since Inception 28.12% 28.63% 29.18%
Year-to-Date -15.69% -15.29% -15.55%
1 Month -10.27% -10.12% -10.21%
3 Months -9.36% -8.75% -9.22%
Since Inception 14.96% 15.60% 15.99%

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 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.82 AAPL APPLE INC 2046251 143.78 50,467 7,256,145.26
10.89 MSFT MICROSOFT CORP 2588173 265.90 23,187 6,165,423.30
6.18 AMZN AMAZON.COM INC 2000019 2,221.55 1,575 3,498,941.25
4.00 TSLA TESLA INC B616C79 707.73 3,202 2,266,151.46
3.74 GOOG ALPHABET INC-CL C BYY88Y7 2,165.92 976 2,113,937.92
3.63 FB META PLATFORMS INC B7TL820 191.63 10,712 2,052,740.56
3.54 GOOGL ALPHABET INC-CL A BYVY8G0 2,155.85 929 2,002,784.65
3.44 NVDA NVIDIA CORP 2379504 178.51 10,905 1,946,651.55
2.14 PEP PEPSICO INC 2681511 170.11 7,126 1,212,203.86
2.05 AVGO BROADCOM INC BDZ78H9 550.66 2,110 1,161,892.60
1.88 COST COSTCO WHOLESALE CORP 2701271 464.99 2,286 1,062,967.14
1.82 CMCSA COMCAST CORP-CLASS A 2044545 44.13 23,322 1,029,199.86
1.74 ADBE ADOBE INC 2008154 408.60 2,403 981,865.80
1.70 CSCO CISCO SYSTEMS INC 2198163 44.99 21,424 963,865.76
1.61 INTC INTEL CORP 2463247 43.48 21,008 913,427.84
1.51 TMUS T-MOBILE US INC B94Q9V0 132.74 6,448 855,907.52
1.47 TXN TEXAS INSTRUMENTS INC 2885409 174.13 4,767 830,077.71
1.44 AMD ADVANCED MICRO DEVICES 2007849 98.75 8,265 816,168.79
1.39 QCOM QUALCOMM INC 2714923 134.84 5,820 784,768.80
1.26 AMGN AMGEN INC 2023607 253.05 2,828 715,625.40
1.21 HON HONEYWELL INTL 2020459 193.10 3,545 684,539.50
1.05 INTU INTUIT INC 2459020 406.42 1,467 596,218.14
0.92 AMAT APPLIED MATERIALS INC 2046552 115.07 4,503 518,160.21
0.86 PYPL PAYPAL HOLDINGS INC BYW36M8 80.42 6,041 485,817.22
0.84 ADP AUTOMATIC DATA PROCESSING 2065308 218.28 2,180 475,850.40
0.83 BKNG BOOKING HOLDINGS INC BDRXDB4 2,221.51 212 470,960.12
0.80 MDLZ MONDELEZ INTER-A B8CKK03 62.50 7,206 450,375.00
0.78 CHTR CHARTER COMMUN-A BZ6VT82 502.84 873 438,979.32
0.77 NFLX NETFLIX INC 2857817 191.40 2,261 432,755.40
0.76 SBUX STARBUCKS CORP 2842255 74.49 5,807 432,563.43
0.76 ADI ANALOG DEVICES INC 2032067 163.24 2,642 431,280.08
0.74 GILD GILEAD SCIENCES INC 2369174 64.47 6,514 419,957.58
0.71 MU MICRON TECHNOLOGY INC 2588184 70.60 5,719 403,761.40
0.71 ISRG INTUITIVE SURGICAL INC 2871301 223.30 1,800 401,940.00
0.65 REGN REGENERON PHARMACEUTICALS 2730190 683.44 539 368,374.16
0.64 LRCX LAM RESEARCH CORP 2502247 509.21 712 362,557.52
0.62 CSX CSX CORP 2160753 31.48 11,204 352,701.92
0.62 VRTX VERTEX PHARM 2931034 269.65 1,306 352,162.90
0.59 FISV FISERV INC 2342034 99.29 3,343 331,926.47
0.54 ATVI ACTIVISION BLIZZARD INC 2575818 77.99 3,919 305,642.81
0.51 MAR MARRIOTT INTL-A 2210614 170.17 1,708 290,650.36
0.49 MRNA MODERNA INC BGSXTS3 135.80 2,027 275,266.60
0.47 KLAC KLA CORP 2480138 353.28 753 266,019.84
0.47 NXPI NXP SEMICONDUCTORS NV B505PN7 192.63 1,365 262,939.95
0.46 AEP AMERICAN ELECTRIC POWER 2026242 102.58 2,526 259,117.08
0.46 KDP KEURIG DR PEPPER INC BD3W133 35.53 7,246 257,450.38
0.44 PANW PALO ALTO NETWORKS INC B87ZMX0 502.09 493 247,530.37
0.43 SNPS SYNOPSYS INC 2867719 306.10 803 245,798.30
0.43 EXC EXELON CORP 2670519 49.16 4,993 245,455.88
0.43 MRVL MARVELL TECHNOLOGY INC BNKJSM5 56.99 4,249 242,150.51
0.43 FTNT FORTINET INC B5B2106 294.30 819 241,031.70
0.43 MNST MONSTER BEVERAGE CORP BZ07BW4 88.73 2,708 240,280.84
0.42 ASML ASML HOLDING-NY B908F01 560.07 421 235,789.47
0.41 KHC KRAFT HEINZ CO/THE BYRY499 37.07 6,186 229,315.02
0.40 PAYX PAYCHEX INC 2674458 121.20 1,843 223,371.60
0.38 ADSK AUTODESK INC 2065159 191.63 1,131 216,733.53
0.38 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 639.15 334 213,476.10
0.38 ABNB AIRBNB INC-CLASS A BMGYYH4 114.30 1,860 212,598.00
0.37 CTAS CINTAS CORP 2197137 383.43 547 209,736.21
0.36 CDNS CADENCE DESIGN SYS INC 2302232 148.67 1,386 206,056.62
0.36 XEL XCEL ENERGY INC 2614807 74.96 2,743 205,615.28
0.35 MELI MERCADOLIBRE INC B23X1H3 783.44 251 196,643.44
0.34 EA ELECTRONIC ARTS INC 2310194 138.68 1,400 194,152.00
0.34 MCHP MICROCHIP TECHNOLOGY INC 2592174 70.06 2,754 192,945.24
0.34 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.70 2,880 192,096.00
0.34 CTSH COGNIZANT TECH-A 2257019 72.74 2,630 191,306.20
0.34 ILMN ILLUMINA INC 2613990 243.57 781 190,228.17
0.33 WBA WALGREENS BOOTS BTN1Y44 43.04 4,356 187,482.24
0.33 DLTR DOLLAR TREE INC 2272476 162.80 1,144 186,243.20
0.32 LULU LULULEMON ATHLETICA INC B23FN39 287.48 637 183,124.76
0.30 IDXX IDEXX LABORATORIES INC 2459202 384.92 444 170,904.48
0.29 LCID LUCID GROUP INC BP0TR77 18.89 8,778 165,816.42
0.29 CRWD CROWDSTRIKE HO-A BJJP138 155.84 1,052 163,943.68
0.29 WDAY WORKDAY INC-CLASS A B8K6ZD1 168.15 970 163,105.50
0.29 BIDU BAIDU INC - SPON ADR B0FXT17 136.19 1,183 161,112.77
0.28 ROST ROSS STORES INC 2746711 86.99 1,816 157,973.84
0.28 JD JD.COM INC-ADR BMM27D9 52.72 2,992 157,738.24
0.27 FAST FASTENAL CO 2332262 52.52 2,916 153,148.32
0.27 PCAR PACCAR INC 2665861 84.14 1,790 150,610.60
0.26 ODFL OLD DOMINION FREIGHT LINE 2656423 260.96 565 147,442.40
0.26 BIIB BIOGEN INC 2455965 204.22 721 147,242.62
0.25 VRSK VERISK ANALYTICS INC B4P9W92 173.71 803 139,489.13
0.24 EBAY EBAY INC 2293819 46.47 2,953 137,225.91
0.24 DXCM DEXCOM INC B0796X4 280.63 486 136,386.18
0.24 CPRT COPART INC 2208073 114.41 1,167 133,516.47
0.23 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.33 20,557 130,125.81
0.23 ZM ZOOM VIDEO COM-A BGSP7M9 107.00 1,216 130,112.00
0.22 SGEN SEAGEN INC BLPK4D2 138.46 914 126,552.44
0.22 TEAM ATLASSIAN CORP-A BZ09BD1 175.18 711 124,552.98
0.21 DDOG DATADOG INC - CLASS A BKT9Y49 89.63 1,332 119,387.16
0.20 ANSS ANSYS INC 2045623 252.95 449 113,574.55
0.20 ALGN ALIGN TECHNOLOGY INC 2679204 274.83 410 112,680.30
0.19 NTES NETEASE INC-ADR 2606440 101.49 1,062 107,782.38
0.19 MTCH MATCH GROUP INC BK80XH9 77.88 1,372 106,851.36
0.18 ZS ZSCALER INC BZ00V34 142.13 710 100,912.30
0.18 CEG CONSTELLATION ENERGY BMH4FS1 62.47 1,613 100,764.11
0.17 VRSN VERISIGN INC 2142922 172.71 540 93,263.40
0.16 SWKS SKYWORKS SOLUTIONS INC 2961053 104.54 876 91,577.04
0.16 PDD PINDUODUO INC-ADR BYVW0F7 41.93 2,137 89,604.41
0.15 DOCU DOCUSIGN INC BFYT7B7 80.81 1,072 86,628.32
0.15 SPLK SPLUNK INC B424494 102.00 848 86,496.00
0.12 CASH 1.00 69,369 69,368.51
0.11 OKTA OKTA INC BDFZSP1 81.21 738 59,932.98
-0.20 NQX US 06/17/22 C2360 14,160.00 -8 -113,280.00
-2.67 NDX US 06/17/22 C11800 68,660.00 -22 -1,510,520.00
Holdings are subject to change.

ETF Characteristics As of 05/26/22

Return on Equity 25.50%
Weighted Avg. Market Cap 903,067 M
2021 2022
Price-to-earnings 22.98 21.98
Price-to-book value 6.23 5.08

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus Beta
S&P 500 0.95
MSCI EAFE 0.75
MSCI Emg. Mkts 0.72
Standard Deviation 16.70%

Source: AltaVista Research, LLC

ETF Research

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

QYLG 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. QYLG 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. QYLG 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. 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.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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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