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 02/03/23

Inception Date 09/18/20
Total Expense Ratio 0.60%
Net Assets $68.99 million
NAV $24.55
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 02/03/23

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 2,810,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.35%

Distributions As of 02/03/23

30-Day SEC Yield 0.38%
12-Month Trailing Yield 6.28%
Distribution Yield 6.10%
Distribution Frequency Monthly

ETF Prices As of 02/03/23

NAV $24.55 Daily Change -$0.27 -1.09%
Market Price $24.61 Daily Change -$0.21 -0.85%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -26.25% -26.48% -25.80%
Since Inception 0.25% 0.14% 0.83%
1 Year -13.67% -13.48% -13.10%
Since Inception 3.90% 3.95% 4.52%
Year-to-Date -26.25% -26.48% -25.80%
1 Month -6.18% -6.39% -6.14%
3 Months 2.25% 1.93% 2.47%
Since Inception 0.56% 0.33% 1.91%
Year-to-Date 8.87% 9.25% 8.96%
1 Month 8.87% 9.25% 8.96%
3 Months 6.94% 6.89% 7.16%
Since Inception 9.48% 9.61% 11.04%

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.

Top Holdings As of 02/03/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.78 AAPL APPLE INC 2046251 154.50 57,050 8,814,225.00
12.40 MSFT MICROSOFT CORP 2588173 258.35 33,100 8,551,385.00
6.82 AMZN AMAZON.COM INC 2000019 103.39 45,526 4,706,933.14
4.36 NVDA NVIDIA CORP 2379504 211.00 14,263 3,009,493.00
4.15 GOOG ALPHABET INC-CL C BYY88Y7 105.22 27,191 2,861,037.02
4.13 GOOGL ALPHABET INC-CL A BYVY8G0 104.78 27,200 2,850,016.00
3.89 TSLA TESLA INC B616C79 189.98 14,128 2,684,037.44
3.53 META META PLATFORMS INC B7TL820 186.53 13,053 2,434,776.09
2.04 AVGO BROADCOM INC BDZ78H9 597.62 2,354 1,406,797.48
1.96 PEP PEPSICO INC 2681511 169.12 8,010 1,354,651.20
1.92 COST COSTCO WHOLESALE CORP 2701271 514.80 2,575 1,325,610.00
1.69 CSCO CISCO SYSTEMS INC 2198163 48.63 23,917 1,163,083.71
1.53 TMUS T-MOBILE US INC B94Q9V0 145.19 7,249 1,052,482.31
1.49 ADBE ADOBE INC 2008154 379.33 2,711 1,028,363.63
1.46 CMCSA COMCAST CORP-CLASS A 2044545 39.97 25,144 1,005,005.68
1.40 TXN TEXAS INSTRUMENTS INC 2885409 182.29 5,294 965,043.26
1.38 NFLX NETFLIX INC 2857817 365.90 2,596 949,876.40
1.28 QCOM QUALCOMM INC 2714923 135.02 6,547 883,975.94
1.18 AMD ADVANCED MICRO DEVICES 2007849 86.09 9,438 812,517.42
1.15 HON HONEYWELL INTL 2020459 202.69 3,927 795,963.63
1.11 AMGN AMGEN INC 2023607 245.17 3,115 763,704.55
1.05 INTC INTEL CORP 2463247 29.96 24,139 723,083.75
1.02 SBUX STARBUCKS CORP 2842255 104.30 6,714 700,270.20
1.01 INTU INTUIT INC 2459020 423.76 1,645 697,085.20
0.90 GILD GILEAD SCIENCES INC 2369174 84.50 7,350 621,075.00
0.85 AMAT APPLIED MATERIALS INC 2046552 119.98 4,913 589,461.74
0.81 PYPL PAYPAL HOLDINGS INC BYW36M8 85.52 6,507 556,478.64
0.79 BKNG BOOKING HOLDINGS INC BDRXDB4 2,455.07 222 545,025.54
0.77 ADP AUTOMATIC DATA PROCESSING 2065308 225.31 2,370 533,984.70
0.75 ADI ANALOG DEVICES INC 2032067 178.82 2,906 519,650.92
0.75 MDLZ MONDELEZ INTER-A B8CKK03 65.91 7,796 513,834.36
0.75 ISRG INTUITIVE SURGICAL INC 2871301 254.68 2,017 513,689.56
0.69 REGN REGENERON PHARMACEUTICALS 2730190 783.13 611 478,492.43
0.64 VRTX VERTEX PHARM 2931034 301.02 1,464 440,693.28
0.60 LRCX LAM RESEARCH CORP 2502247 529.25 779 412,285.75
0.56 CSX CSX CORP 2160753 32.27 11,995 387,078.65
0.56 MU MICRON TECHNOLOGY INC 2588184 62.41 6,201 387,004.41
0.56 FISV FISERV INC 2342034 106.60 3,623 386,211.80
0.55 MRNA MODERNA INC BGSXTS3 173.25 2,193 379,937.25
0.52 CHTR CHARTER COMMUN-A BZ6VT82 406.30 887 360,388.10
0.50 ASML ASML HOLDING-NY B908F01 678.13 504 341,777.27
0.49 MELI MERCADOLIBRE INC B23X1H3 1,187.25 287 340,740.75
0.49 ATVI ACTIVISION BLIZZARD INC 2575818 75.24 4,463 335,796.12
0.48 KLAC KLA CORP 2480138 408.27 809 330,290.43
0.46 MAR MARRIOTT INTL-A 2210614 174.43 1,806 315,020.58
0.46 SNPS SYNOPSYS INC 2867719 361.44 871 314,814.24
0.44 MNST MONSTER BEVERAGE CORP BZ07BW4 101.80 2,976 302,956.80
0.42 CDNS CADENCE DESIGN SYS INC 2302232 185.85 1,565 290,855.25
0.41 KDP KEURIG DR PEPPER INC BD3W133 35.15 8,073 283,765.95
0.41 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 794.84 356 282,963.04
0.41 NXPI NXP SEMICONDUCTORS NV B505PN7 190.95 1,476 281,842.20
0.40 PANW PALO ALTO NETWORKS INC B87ZMX0 159.72 1,722 275,037.84
0.40 KHC KRAFT HEINZ CO/THE BYRY499 39.38 6,982 274,951.16
0.40 ADSK AUTODESK INC 2065159 223.66 1,229 274,878.14
0.39 AEP AMERICAN ELECTRIC POWER 2026242 92.11 2,930 269,882.30
0.39 ABNB AIRBNB INC-CLASS A BMGYYH4 118.70 2,268 269,211.60
0.39 MCHP MICROCHIP TECHNOLOGY INC 2592174 85.34 3,132 267,284.88
0.37 CTAS CINTAS CORP 2197137 442.42 578 255,718.76
0.37 PDD PINDUODUO INC-ADR BYVW0F7 95.65 2,668 255,194.20
0.35 PAYX PAYCHEX INC 2674458 118.58 2,052 243,326.16
0.35 DXCM DEXCOM INC B0796X4 108.43 2,201 238,654.43
0.34 FTNT FORTINET INC B5B2106 53.00 4,449 235,797.00
0.34 ODFL OLD DOMINION FREIGHT LINE 2656423 371.01 628 232,994.28
0.34 BIIB BIOGEN INC 2455965 283.63 820 232,576.60
0.34 EXC EXELON CORP 2670519 40.90 5,660 231,494.00
0.33 IDXX IDEXX LABORATORIES INC 2459202 482.41 473 228,179.93
0.33 ROST ROSS STORES INC 2746711 115.32 1,977 227,987.64
0.33 MRVL MARVELL TECHNOLOGY INC BNKJSM5 46.58 4,854 226,099.32
0.32 LULU LULULEMON ATHLETICA INC B23FN39 319.42 698 222,955.16
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 63.44 3,482 220,898.08
0.32 PCAR PACCAR INC 2665861 110.18 1,979 218,046.22
0.31 WDAY WORKDAY INC-CLASS A B8K6ZD1 185.85 1,149 213,541.65
0.31 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.42 13,778 212,456.76
0.31 XEL XCEL ENERGY INC 2614807 67.98 3,115 211,757.70
0.29 CTSH COGNIZANT TECH-A 2257019 68.22 2,925 199,543.50
0.28 GFS GLOBALFOUNDRIES INC BMW7F63 63.25 3,100 196,075.00
0.28 ILMN ILLUMINA INC 2613990 214.26 894 191,548.44
0.27 DLTR DOLLAR TREE INC 2272476 149.91 1,260 188,886.60
0.27 CPRT COPART INC 2208073 68.64 2,712 186,151.68
0.27 WBA WALGREENS BOOTS BTN1Y44 37.09 4,921 182,519.89
0.26 EA ELECTRONIC ARTS INC 2310194 113.92 1,572 179,082.24
0.26 BKR BAKER HUGHES CO BDHLTQ5 31.37 5,699 178,777.63
0.26 CSGP COSTAR GROUP INC 2262864 76.58 2,313 177,129.54
0.26 FAST FASTENAL CO 2332262 54.20 3,257 176,529.40
0.25 ENPH ENPHASE ENERGY INC B65SQW4 222.93 774 172,547.82
0.23 VRSK VERISK ANALYTICS INC B4P9W92 180.11 889 160,117.79
0.23 JD JD.COM INC-ADR BMM27D9 57.63 2,763 159,231.69
0.23 EBAY EBAY INC 2293819 50.66 3,083 156,184.78
0.22 CEG CONSTELLATION ENERGY BMH4FS1 83.20 1,860 154,752.00
0.22 ALGN ALIGN TECHNOLOGY INC 2679204 343.10 444 152,336.40
0.21 SGEN SEAGEN INC BLPK4D2 138.00 1,055 145,590.00
0.21 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 169.30 843 142,719.90
0.20 CRWD CROWDSTRIKE HO-A BJJP138 113.56 1,238 140,587.28
0.20 FANG DIAMONDBACK ENERGY INC B7Y8YR3 138.40 1,000 138,400.00
0.20 ANSS ANSYS INC 2045623 275.23 495 136,238.85
0.19 DDOG DATADOG INC - CLASS A BKT9Y49 79.46 1,656 131,585.76
0.17 SIRI SIRIUS XM HOLDINGS INC BGLDK10 5.22 22,084 115,168.06
0.16 ZM ZOOM VIDEO COM-A BGSP7M9 79.54 1,391 110,640.14
0.16 ZS ZSCALER INC BZ00V34 134.99 816 110,151.84
0.16 LCID LUCID GROUP INC BP0TR77 11.62 9,478 110,134.36
0.15 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 19.90 5,168 102,843.20
0.12 CASH 1.00 84,110 84,109.67
-0.45 NQX US 02/17/23 C2280 24,045.00 -13 -312,585.00
-4.50 NDX US 02/17/23 C11425 119,405.00 -26 -3,104,530.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 12/31/22

Sector Weight (%)
Information Technology 49.8
Communication Services 16.1
Consumer Discretionary 14.3
Health Care 7.3
Consumer Staples 6.7
Industrials 4.0
Utilities 1.4
Energy 0.5

Source: AltaVista Research, LLC

ETF Characteristics As of 02/03/23

Return on Equity 23.40%
Weighted Avg. Market Cap 826,194 M
2022 2023
Price-to-earnings 25.81 24.75
Price-to-book value 6.36 5.30

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.91
MSCI EAFE 0.77
MSCI Emg. Mkts 0.60
Standard Deviation 19.00%

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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