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 has made monthly distributions 3 years running.

Key Information As of 12/12/24

Inception Date 09/18/20
Total Expense Ratio 0.35%
Net Assets $111.60 million
NAV $33.62
Fact Sheet View the document

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 12/12/24

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 3,320,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.34%

Distributions As of 12/12/24

30-Day SEC Yield 0.49%
Trailing 12-Month Distribution (%) 5.92%
Distribution Rate 6.15%
Distribution Frequency Monthly

ETF Prices As of 12/12/24

NAV $33.62 Daily Change -$0.11 -0.33%
Market Price $33.67 Daily Change -$0.01 -0.03%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 28.88% 29.24% 29.62%
3 Years 8.70% 8.70% 9.34%
Since Inception 12.69% 12.73% 13.36%
1 Year 25.95% 26.02% 26.69%
3 Years 7.60% 7.55% 8.23%
Since Inception 13.14% 13.11% 13.80%
Year-to-Date 16.58% 16.53% 17.15%
1 Month 2.12% 2.41% 2.21%
3 Months 3.51% 3.68% 3.69%
Since Inception 61.98% 62.16% 65.86%
Year-to-Date 20.94% 20.58% 21.61%
1 Month 3.85% 3.63% 3.90%
3 Months 5.93% 5.97% 6.10%
Since Inception 68.03% 67.80% 72.17%

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 12/12/24

Nasdaq 100 Price 21,615.27

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$58,361,238 20475 0.00% 12/20/2024 8

Top Holdings As of 12/12/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.11 AAPL APPLE INC 2046251 247.96 41,009 10,168,591.64
8.14 NVDA NVIDIA CORP 2379504 137.34 66,133 9,082,706.22
8.07 MSFT MICROSOFT CORP 2588173 449.56 20,029 9,004,237.24
5.81 AMZN AMAZON.COM INC 2000019 228.97 28,296 6,478,935.12
5.31 META META PLATFORMS INC B7TL820 630.79 9,392 5,924,379.68
5.22 AVGO BROADCOM INC BDZ78H9 180.66 32,266 5,829,175.56
4.90 TSLA TESLA INC B616C79 418.10 13,072 5,465,403.20
2.73 COST COSTCO WHOLESALE CORP 2701271 988.39 3,083 3,047,206.37
2.73 GOOGL ALPHABET INC-CL A BYVY8G0 191.96 15,859 3,044,293.64
2.61 GOOG ALPHABET INC-CL C BYY88Y7 193.63 15,039 2,912,001.57
2.49 NFLX NETFLIX INC 2857817 925.55 3,001 2,777,575.55
1.70 TMUS T-MOBILE US INC B94Q9V0 233.27 8,108 1,891,353.16
1.48 CSCO CISCO SYSTEMS INC 2198163 58.85 27,991 1,647,270.35
1.36 PEP PEPSICO INC 2681511 158.90 9,540 1,515,906.00
1.32 AMD ADVANCED MICRO DEVICES 2007849 130.60 11,241 1,468,074.60
1.31 ADBE ADOBE INC 2008154 474.63 3,080 1,461,860.40
1.31 LIN LINDE PLC BNZHB81 438.50 3,322 1,456,697.00
1.21 ISRG INTUITIVE SURGICAL INC 2871301 544.72 2,468 1,344,368.96
1.17 INTU INTUIT INC 2459020 672.25 1,944 1,306,854.00
1.12 BKNG BOOKING HOLDINGS INC BDRXDB4 5,268.93 237 1,248,736.41
1.10 QCOM QUALCOMM INC 2714923 158.24 7,736 1,224,144.64
1.09 TXN TEXAS INSTRUMENTS INC 2885409 191.71 6,344 1,216,208.24
0.97 CMCSA COMCAST CORP-CLASS A 2044545 40.24 26,825 1,079,438.00
0.92 HON HONEYWELL INTL 2020459 227.69 4,515 1,028,020.35
0.92 AMGN AMGEN INC 2023607 274.06 3,736 1,023,888.16
0.87 AMAT APPLIED MATERIALS INC 2046552 169.08 5,724 967,813.92
0.81 PANW PALO ALTO NETWORKS INC B87ZMX0 400.21 2,248 899,672.08
0.75 ADP AUTOMATIC DATA PROCESSING 2065308 297.21 2,833 841,995.93
0.74 VRTX VERTEX PHARM 2931034 464.12 1,790 830,774.80
0.72 GILD GILEAD SCIENCES INC 2369174 91.61 8,771 803,511.31
0.69 SBUX STARBUCKS CORP 2842255 97.82 7,868 769,647.76
0.68 ADI ANALOG DEVICES INC 2032067 217.72 3,499 761,802.28
0.68 MU MICRON TECHNOLOGY INC 2588184 98.24 7,694 755,858.56
0.61 APP APPLOVIN CORP-CLASS A BMV3LG4 326.21 2,099 684,714.79
0.61 LRCX LAM RESEARCH CORP BSML4N7 75.58 9,007 680,749.06
0.60 MRVL MARVELL TECHNOLOGY INC BNKJSM5 109.01 6,132 668,418.66
0.59 MELI MERCADOLIBRE INC B23X1H3 1,870.77 351 656,640.27
0.58 PYPL PAYPAL HOLDINGS INC BYW36M8 89.40 7,221 645,557.40
0.55 INTC INTEL CORP 2463247 20.78 29,644 616,002.32
0.54 KLAC KLA CORP 2480138 646.60 929 600,691.40
0.53 CTAS CINTAS CORP 2197137 211.59 2,783 588,854.97
0.53 CRWD CROWDSTRIKE HO-A BJJP138 365.50 1,606 586,993.00
0.52 CDNS CADENCE DESIGN SYS INC 2302232 308.22 1,891 582,844.02
0.52 MDLZ MONDELEZ INTER-A B8CKK03 62.63 9,256 579,703.28
0.52 MAR MARRIOTT INTL-A 2210614 289.99 1,993 577,950.07
0.50 REGN REGENERON PHARMACEUTICALS 2730190 740.97 749 554,986.53
0.49 SNPS SYNOPSYS INC 2867719 511.73 1,060 542,433.80
0.48 FTNT FORTINET INC B5B2106 98.60 5,420 534,412.00
0.46 CEG CONSTELLATION ENERGY BMH4FS1 239.02 2,167 517,956.34
0.46 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,269.72 404 512,966.88
0.43 PDD PDD HOLDINGS INC BYVW0F7 104.66 4,622 483,738.52
0.43 DASH DOORDASH INC - A BN13P03 176.02 2,730 480,534.60
0.42 ASML ASML HOLDING-NY B908F01 713.10 659 469,932.90
0.42 ADSK AUTODESK INC 2065159 309.34 1,509 466,794.06
0.42 CSX CSX CORP 2160753 33.68 13,752 463,167.36
0.38 ABNB AIRBNB INC-CLASS A BMGYYH4 137.47 3,072 422,307.84
0.37 CPRT COPART INC 2208073 62.08 6,719 417,115.52
0.37 PCAR PACCAR INC 2665861 112.80 3,662 413,073.60
0.37 TTD TRADE DESK INC-A BD8FDD1 133.57 3,075 410,727.75
0.36 ROP ROPER TECHNOLOGIES INC 2749602 548.03 737 403,898.11
0.36 WDAY WORKDAY INC-CLASS A B8K6ZD1 274.82 1,462 401,786.84
0.35 CHTR CHARTER COMMUN-A BZ6VT82 388.45 997 387,284.65
0.35 NXPI NXP SEMICONDUCTORS NV B505PN7 217.73 1,777 386,906.21
0.33 MNST MONSTER BEVERAGE CORP BZ07BW4 52.92 6,858 362,925.36
0.32 ROST ROSS STORES INC 2746711 153.88 2,331 358,694.28
0.32 PAYX PAYCHEX INC 2674458 141.19 2,514 354,951.66
0.31 AEP AMERICAN ELECTRIC POWER 2026242 92.85 3,723 345,680.55
0.31 DDOG DATADOG INC - CLASS A BKT9Y49 156.73 2,178 341,357.94
0.30 FANG DIAMONDBACK ENERGY INC B7Y8YR3 162.23 2,060 334,193.80
0.29 KDP KEURIG DR PEPPER INC BD3W133 33.81 9,475 320,349.75
0.29 LULU LULULEMON ATHLETICA INC B23FN39 389.33 820 319,250.60
0.28 FAST FASTENAL CO 2332262 79.04 3,995 315,764.80
0.28 TEAM ATLASSIAN CORP-CL A BQ1PC76 279.18 1,110 309,889.80
0.27 ODFL OLD DOMINION FREIGHT LINE 2656423 203.04 1,495 303,544.80
0.27 EA ELECTRONIC ARTS INC 2310194 162.59 1,846 300,141.14
0.26 BKR BAKER HUGHES CO BDHLTQ5 42.33 6,927 293,219.91
0.25 VRSK VERISK ANALYTICS INC B4P9W92 284.91 993 282,915.63
0.25 CTSH COGNIZANT TECH-A 2257019 80.37 3,458 277,919.46
0.24 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.94 4,060 271,776.40
0.24 XEL XCEL ENERGY INC 2614807 68.49 3,899 267,042.51
0.24 KHC KRAFT HEINZ CO/THE BYRY499 31.55 8,444 266,408.20
0.23 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 81.63 3,185 259,991.55
0.23 EXC EXELON CORP 2670519 36.83 6,980 257,073.40
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 79.11 3,199 253,072.89
0.23 IDXX IDEXX LABORATORIES INC 2459202 437.18 576 251,815.68
0.21 TTWO TAKE-TWO INTERAC 2122117 189.64 1,224 232,119.36
0.21 MCHP MICROCHIP TECHNOLOGY INC 2592174 61.50 3,739 229,948.50
0.20 CSGP COSTAR GROUP INC 2262864 78.25 2,861 223,873.25
0.20 DXCM DEXCOM INC B0796X4 78.93 2,794 220,530.42
0.19 WBD WARNER BROS DISCOVERY INC BM8JYX3 12.49 17,127 213,916.23
0.19 ZS ZSCALER INC BZ00V34 206.36 1,027 211,931.72
0.19 ANSS ANSYS INC 2045623 341.58 609 208,022.22
0.18 ON ON SEMICONDUCTOR 2583576 67.11 2,985 200,323.35
0.15 GFS GLOBALFOUNDRIES INC BMW7F63 43.98 3,832 168,531.36
0.15 CDW CDW CORP/DE BBM5MD6 178.05 931 165,764.55
0.15 ILMN ILLUMINA INC 2613990 146.43 1,108 162,244.44
0.14 BIIB BIOGEN INC 2455965 155.33 1,018 158,125.94
0.14 SMCI SUPER MICRO COMPUTER INC BRC3N73 37.93 4,086 154,981.98
0.13 MDB MONGODB INC BF2FJ99 288.61 514 148,345.54
0.12 CASH 1.00 128,887 128,887.12
0.12 ARM ARM HOLDINGS PLC-ADR BNSP5P7 148.00 870 128,760.00
0.10 MRNA MODERNA INC BGSXTS3 42.82 2,679 114,714.78
0.05 OTHER PAYABLE & RECEIVABLES 1.00 50,178 50,178.22
-2.85 NDX US 12/20/24 C20475 117,905.00 -27 -3,183,435.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Information Technology 49.2
Communication Services 15.8
Consumer Discretionary 14.6
Consumer Staples 5.7
Health Care 5.5
Industrials 5.3
Materials 1.4
Utilities 1.3
Energy 0.6
Financials 0.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors & Semiconductor Equipment 22.6
Software & Services 16.1
Media & Entertainment 14.0
Technology Hardware & Equipment 10.5
Consumer Discretionary Distribution & Retail 7.1
Automobiles & Components 4.1
Pharmaceuticals, Biotechnology & Life Sciences 3.6
Consumer Services 3.2
Food, Beverage & Tobacco 3.0
Consumer Staples Distribution & Retail 2.7
Commercial & Professional Services 2.5
Other 10.6

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/12/24

Return on Equity 21.70%
Weighted Avg. Market Cap 1,071,860 M
2023 2024
Price-to-earnings 37.14 32.36
Price-to-book value 7.63 6.48

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 0.89
NASDAQ-100 0.75
MSCI EAFE 0.72
MSCI Emg. Mkts 0.59
Standard Deviation 17.10%

Source: new windowAltaVista 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.