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 expects to make distributions on a monthly basis.

Key Information As of 10/26/21

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $43.84 million
NAV $32.72
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 10/26/21

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 1,340,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.28%

Distributions As of 10/26/21

30-Day SEC Yield 0.09%
12-Month Trailing Yield 5.52%
Distribution Yield 5.09%
Distribution Frequency Monthly

ETF Prices As of 10/26/21

NAV $32.72 Daily Change $0.06 0.18%
Market Price $32.74 Daily Change $0.04 0.12%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 21.58% 21.78% 22.44%
Since Inception 25.17% 25.32% 25.92%
1 Year 21.58% 21.78% 22.44%
Since Inception 25.17% 25.32% 25.92%
Year-to-Date 9.63% 9.73% 10.15%
1 Month -4.60% -4.47% -4.56%
3 Months 0.80% 0.93% 1.04%
Since Inception 26.11% 26.27% 26.88%
Year-to-Date 9.63% 9.73% 10.15%
1 Month -4.60% -4.47% -4.56%
3 Months 0.80% 0.93% 1.04%
Since Inception 26.11% 26.27% 26.88%

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 10/26/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.18 AAPL APPLE INC 2046251 149.32 32,830 4,902,175.60
10.56 MSFT MICROSOFT CORP 2588173 310.11 14,926 4,628,701.86
7.73 AMZN AMAZON.COM INC 2000019 3,376.07 1,004 3,389,574.28
5.72 TSLA TESLA INC B616C79 1,018.43 2,464 2,509,411.52
4.25 NVDA NVIDIA CORP 2379504 247.17 7,531 1,861,437.27
4.08 GOOG ALPHABET INC-CL C BYY88Y7 2,793.44 641 1,790,595.04
3.79 GOOGL ALPHABET INC-CL A BYVY8G0 2,786.17 597 1,663,343.49
3.40 FB FACEBOOK INC-CLASS A B7TL820 315.81 4,715 1,489,044.15
2.11 ADBE ADOBE INC 2008154 642.50 1,441 925,842.50
2.03 NFLX NETFLIX INC 2857817 668.52 1,331 889,800.12
1.97 PYPL PAYPAL HOLDINGS INC BYW36M8 243.00 3,562 865,566.00
1.69 CMCSA COMCAST CORP-CLASS A 2044545 53.76 13,750 739,200.00
1.61 CSCO CISCO SYSTEMS INC 2198163 55.81 12,646 705,773.26
1.52 PEP PEPSICO INC 2681511 161.17 4,142 667,566.14
1.52 AVGO BROADCOM INC BDZ78H9 533.87 1,246 665,202.02
1.47 COST COSTCO WHOLESALE CORP 2701271 485.53 1,329 645,269.37
1.36 INTC INTEL CORP 2463247 48.28 12,326 595,099.28
1.25 TXN TEXAS INSTRUMENTS INC 2885409 196.98 2,776 546,816.48
1.13 INTU INTUIT INC 2459020 608.61 815 496,017.15
1.03 HON HONEYWELL INTL 2020459 218.32 2,066 451,049.12
1.02 AMD ADVANCED MICRO DEVICES 2007849 122.93 3,633 446,604.69
1.02 QCOM QUALCOMM INC 2714923 131.94 3,372 444,901.68
0.99 TMUS T-MOBILE US INC B94Q9V0 116.36 3,737 434,837.32
0.95 MRNA MODERNA INC BGSXTS3 345.74 1,203 415,925.22
0.92 SBUX STARBUCKS CORP 2842255 114.92 3,518 404,288.56
0.92 CHTR CHARTER COMMUN-A BZ6VT82 728.23 554 403,439.42
0.87 ISRG INTUITIVE SURGICAL INC 2871301 348.70 1,092 380,780.40
0.82 AMGN AMGEN INC 2023607 208.68 1,724 359,764.32
0.82 AMAT APPLIED MATERIALS INC 2046552 132.00 2,724 359,568.00
0.70 BKNG BOOKING HOLDINGS INC BDRXDB4 2,443.03 125 305,378.75
0.67 ADI ANALOG DEVICES INC 2032067 179.88 1,635 294,103.80
0.63 ADP AUTOMATIC DATA PROCESSING 2065308 218.80 1,259 275,469.20
0.58 MDLZ MONDELEZ INTER-A B8CKK03 60.83 4,190 254,877.70
0.58 GILD GILEAD SCIENCES INC 2369174 67.73 3,750 253,987.50
0.55 CSX CSX CORP 2160753 35.69 6,796 242,549.24
0.53 MU MICRON TECHNOLOGY INC 2588184 68.94 3,352 231,086.88
0.53 LRCX LAM RESEARCH CORP 2502247 548.94 420 230,554.80
0.51 MELI MERCADOLIBRE INC B23X1H3 1,544.66 146 225,520.36
0.50 FISV FISERV INC 2342034 109.84 1,996 219,240.64
0.47 ZM ZOOM VIDEO COM-A BGSP7M9 278.70 741 206,516.70
0.47 ADSK AUTODESK INC 2065159 312.80 660 206,448.00
0.47 ILMN ILLUMINA INC 2613990 417.19 491 204,840.29
0.45 JD JD.COM INC-ADR BMM27D9 81.48 2,407 196,122.36
0.44 ASML ASML HOLDING-NY B908F01 791.23 244 193,060.12
0.44 REGN REGENERON PHARMACEUTICALS 2730190 592.15 323 191,264.45
0.43 ATVI ACTIVISION BLIZZARD INC 2575818 80.76 2,312 186,717.12
0.39 TEAM ATLASSIAN CORP-A BZ09BD1 424.52 403 171,081.56
0.38 IDXX IDEXX LABORATORIES INC 2459202 651.96 257 167,553.72
0.38 CRWD CROWDSTRIKE HO-A BJJP138 287.08 582 167,080.56
0.37 MRVL MARVELL TECHNOLOGY INC BNKJSM5 67.73 2,414 163,500.22
0.37 LULU LULULEMON ATHLETICA INC B23FN39 432.73 377 163,139.21
0.37 KLAC KLA CORP 2480138 341.97 472 161,409.84
0.37 NXPI NXP SEMICONDUCTORS NV B505PN7 196.15 819 160,646.85
0.37 DOCU DOCUSIGN INC BFYT7B7 280.58 572 160,491.76
0.36 EBAY EBAY INC 2293819 78.50 2,028 159,198.00
0.36 DXCM DEXCOM INC B0796X4 565.64 281 158,944.84
0.36 WDAY WORKDAY INC-CLASS A B8K6ZD1 282.76 558 157,780.08
0.35 EXC EXELON CORP 2670519 52.02 2,921 151,950.42
0.34 MAR MARRIOTT INTL-A 2210614 156.04 961 149,954.44
0.33 KDP KEURIG DR PEPPER INC BD3W133 34.58 4,240 146,619.20
0.33 SNPS SYNOPSYS INC 2867719 328.03 444 145,645.32
0.33 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 658.35 220 144,837.00
0.33 ALGN ALIGN TECHNOLOGY INC 2679204 593.30 243 144,171.90
0.33 VRTX VERTEX PHARM 2931034 184.07 778 143,206.46
0.32 CDNS CADENCE DESIGN SYS INC 2302232 172.93 822 142,148.46
0.31 MNST MONSTER BEVERAGE CORP BZ07BW4 85.58 1,583 135,473.14
0.30 PAYX PAYCHEX INC 2674458 123.53 1,080 133,412.40
0.30 KHC KRAFT HEINZ CO/THE BYRY499 36.44 3,640 132,641.60
0.30 MTCH MATCH GROUP INC BK80XH9 163.20 805 131,376.00
0.30 BIDU BAIDU INC - SPON ADR B0FXT17 168.83 778 131,349.74
0.30 CTAS CINTAS CORP 2197137 430.50 304 130,872.00
0.29 XLNX XILINX INC 2985677 171.88 746 128,222.48
0.29 AEP AMERICAN ELECTRIC POWER 2026242 84.42 1,492 125,954.64
0.28 WBA WALGREENS BOOTS BTN1Y44 48.31 2,570 124,156.70
0.28 CTSH COGNIZANT TECH-A 2257019 78.75 1,554 122,377.50
0.28 ROST ROSS STORES INC 2746711 113.86 1,064 121,147.04
0.27 MCHP MICROCHIP TECHNOLOGY INC 2592174 73.79 1,626 119,982.54
0.27 EA ELECTRONIC ARTS INC 2310194 142.40 836 119,046.40
0.27 BIIB BIOGEN INC 2455965 271.12 439 119,021.68
0.26 OKTA OKTA INC BDFZSP1 255.71 440 112,512.40
0.24 CPRT COPART INC 2208073 153.22 697 106,794.34
0.24 VRSK VERISK ANALYTICS INC B4P9W92 211.32 493 104,180.76
0.24 XEL XCEL ENERGY INC 2614807 64.48 1,615 104,135.20
0.24 PDD PINDUODUO INC-ADR BYVW0F7 93.19 1,116 104,000.04
0.22 ANSS ANSYS INC 2045623 376.47 261 98,258.67
0.22 FAST FASTENAL CO 2332262 56.03 1,733 97,099.99
0.22 SGEN SEAGEN INC BLPK4D2 177.70 538 95,602.60
0.21 PCAR PACCAR INC 2665861 86.88 1,039 90,268.32
0.20 NTES NETEASE INC-ADR 2606440 98.90 903 89,306.70
0.20 CASH 1.00 85,927 85,927.47
0.19 SWKS SKYWORKS SOLUTIONS INC 2961053 164.33 500 82,165.00
0.18 SPLK SPLUNK INC B424494 167.38 482 80,677.16
0.18 CDW CDW CORP/DE BBM5MD6 188.47 417 78,591.99
0.17 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 93.46 799 74,674.54
0.17 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.03 12,279 74,042.37
0.17 VRSN VERISIGN INC 2142922 215.71 342 73,772.82
0.16 DLTR DOLLAR TREE INC 2272476 104.96 674 70,743.04
0.14 CERN CERNER CORP 2185284 71.95 875 62,956.25
0.11 CHKP CHECK POINT SOFTWARE TECH 2181334 120.36 399 48,023.64
0.10 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 28.86 1,562 45,079.32
0.10 INCY INCYTE CORP 2471950 66.55 653 43,457.15
0.09 FOXA FOX CORP - CLASS A BJJMGL2 41.59 954 39,676.86
0.07 FOX FOX CORP - CLASS B BJJMGY5 38.72 749 29,001.28
-1.78 NQX US 11/19/21 C3025 10,990.00 -71 -780,290.00
Holdings are subject to change.

ETF Characteristics As of 10/26/21

Return on Equity 28.20%
Weighted Avg. Market Cap 911,089 M
2020 2021
Price-to-earnings 39.23 29.95
Price-to-book value 9.51 7.57

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/26/21

Versus Beta
S&P 500 0.88
MSCI EAFE 0.63
MSCI Emg. Mkts 0.56
Standard Deviation 13.50%

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 typically do 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.