QYLG


Nasdaq 100 Covered Call & Growth ETF

Fund 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.

Fund 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.

Why 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.

Fund Details As of 07/28/21

Key Facts

Ticker QYLG
Inception Date 09/18/20
CUSIP 37954Y269
ISIN US37954Y2697
Bloomberg Index Ticker BXNH
Primary Exchange Nasdaq
Number of Holdings 103

Stats & Fees

Net Assets $22,715,931
Net Asset Value (NAV) $31.99
Shares Outstanding 710,000
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.13%
Distribution Frequency Monthly

Fund Prices As of 07/28/21

NAV $31.99 Daily Change $0.11 0.34%
Market Price $32.06 Daily Change $0.13 0.41%
30-Day Median Bid-Ask Spread 0.31%

Performance History

As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Index
Year-to-Date 8.76% 8.72% 9.01%
1 Month 4.15% 3.98% 4.19%
3 Months 6.96% 6.67% 6.99%
Since Inception 25.11% 25.11% 25.57%
Year-to-Date 8.76% 8.72% 9.01%
1 Month 4.15% 3.98% 4.19%
3 Months 6.96% 6.67% 6.99%
Since Inception 25.11% 25.11% 25.57%

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.

Fund Characteristics As of 07/28/21

Return on Equity 26.80%
Weighted Avg. Market Cap 927,623 M
2020 2021
Price-to-earnings 39.46 30.82
Price-to-book value 9.24 7.46

Source: AltaVista Research, LLC

Top Holdings As of 07/28/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.35 AAPL APPLE INC 2046251 144.98 17,775 2,577,019.50
10.11 MSFT MICROSOFT CORP 2588173 286.22 8,021 2,295,770.62
8.60 AMZN AMAZON.COM INC 2000019 3,630.32 538 1,953,112.16
4.19 FB FACEBOOK INC-CLASS A B7TL820 373.28 2,548 951,117.44
4.14 GOOG ALPHABET INC-CL C BYY88Y7 2,727.63 345 941,032.35
3.85 GOOGL ALPHABET INC-CL A BYVY8G0 2,721.88 321 873,723.48
3.61 TSLA TESLA INC B616C79 646.98 1,268 820,370.64
3.46 NVDA NVIDIA CORP 2379504 195.03 4,031 786,165.93
2.52 PYPL PAYPAL HOLDINGS INC BYW36M8 301.98 1,899 573,460.02
2.11 ADBE ADOBE INC 2008154 620.92 772 479,350.24
1.90 CMCSA COMCAST CORP-CLASS A 2044545 57.98 7,441 431,429.18
1.65 CSCO CISCO SYSTEMS INC 2198163 54.77 6,834 374,298.18
1.64 NFLX NETFLIX INC 2857817 519.30 719 373,376.70
1.55 PEP PEPSICO INC 2681511 156.49 2,242 350,850.58
1.53 INTC INTEL CORP 2463247 53.07 6,548 347,502.36
1.39 AVGO BROADCOM INC BDZ78H9 477.65 661 315,726.65
1.33 COST COSTCO WHOLESALE CORP 2701271 421.43 717 302,165.31
1.29 TMUS T-MOBILE US INC B94Q9V0 145.12 2,020 293,142.40
1.23 TXN TEXAS INSTRUMENTS INC 2885409 186.85 1,496 279,527.60
1.14 QCOM QUALCOMM INC 2714923 142.44 1,815 258,528.60
1.13 HON HONEYWELL INTL 2020459 230.49 1,118 257,687.82
1.03 INTU INTUIT INC 2459020 523.10 445 232,779.50
1.02 SBUX STARBUCKS CORP 2842255 122.41 1,893 231,722.13
1.00 MRNA MODERNA INC BGSXTS3 349.32 648 226,359.36
0.99 AMGN AMGEN INC 2023607 244.25 923 225,442.75
0.97 CHTR CHARTER COMMUN-A BZ6VT82 722.26 305 220,289.30
0.89 AMAT APPLIED MATERIALS INC 2046552 137.21 1,467 201,287.07
0.85 AMD ADVANCED MICRO DEVICES 2007849 97.93 1,965 192,432.45
0.83 ISRG INTUITIVE SURGICAL INC 2871301 972.50 193 187,692.50
0.67 BKNG BOOKING HOLDINGS INC BDRXDB4 2,226.33 68 151,390.44
0.65 LRCX LAM RESEARCH CORP 2502247 635.00 231 146,685.00
0.64 ADP AUTOMATIC DATA PROCESSING 2065308 206.88 698 144,402.24
0.63 MDLZ MONDELEZ INTER-A B8CKK03 63.40 2,268 143,791.20
0.63 GILD GILEAD SCIENCES INC 2369174 70.06 2,026 141,941.56
0.62 ZM ZOOM VIDEO COM-A BGSP7M9 369.49 380 140,406.20
0.60 MU MICRON TECHNOLOGY INC 2588184 75.55 1,812 136,896.60
0.57 MELI MERCADOLIBRE INC B23X1H3 1,637.03 79 129,325.37
0.54 FISV FISERV INC 2342034 113.91 1,074 122,339.34
0.52 CSX CSX CORP 2160753 31.91 3,664 116,918.24
0.50 ILMN ILLUMINA INC 2613990 492.22 232 114,195.04
0.49 ADSK AUTODESK INC 2065159 313.13 354 110,848.02
0.47 ATVI ACTIVISION BLIZZARD INC 2575818 84.82 1,253 106,279.46
0.44 ADI ANALOG DEVICES INC 2032067 164.04 604 99,080.16
0.44 DOCU DOCUSIGN INC BFYT7B7 304.82 325 99,066.50
0.43 ASML ASML HOLDING-NY B908F01 759.86 128 97,262.08
0.43 REGN REGENERON PHARMACEUTICALS 2730190 586.41 165 96,757.65
0.42 IDXX IDEXX LABORATORIES INC 2459202 695.58 137 95,294.46
0.41 JD JD.COM INC-ADR BMM27D9 70.28 1,312 92,207.36
0.39 NXPI NXP SEMICONDUCTORS NV B505PN7 198.58 442 87,772.36
0.37 VRTX VERTEX PHARM 2931034 202.24 416 84,131.84
0.37 BIIB BIOGEN INC 2455965 334.18 251 83,879.18
0.36 ALGN ALIGN TECHNOLOGY INC 2679204 621.87 131 81,464.97
0.36 KLAC KLA CORP 2480138 315.57 256 80,785.92
0.35 KDP KEURIG DR PEPPER INC BD3W133 35.33 2,275 80,375.75
0.35 LULU LULULEMON ATHLETICA INC B23FN39 393.09 204 80,190.36
0.35 MNST MONSTER BEVERAGE CORP BZ07BW4 94.05 852 80,130.60
0.35 EBAY EBAY INC 2293819 72.89 1,095 79,814.55
0.35 MRVL MARVELL TECHNOLOGY INC BNKJSM5 58.99 1,353 79,813.47
0.34 KHC KRAFT HEINZ CO/THE BYRY499 38.92 1,963 76,399.96
0.33 EXC EXELON CORP 2670519 46.98 1,610 75,637.80
0.33 MAR MARRIOTT INTL-A 2210614 144.57 520 75,176.40
0.32 MTCH MATCH GROUP INC BK80XH9 163.62 445 72,810.90
0.32 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 609.59 119 72,541.21
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 234.39 306 71,723.34
0.31 BIDU BAIDU INC - SPON ADR B0FXT17 166.78 428 71,381.84
0.31 DXCM DEXCOM INC B0796X4 459.92 155 71,287.60
0.31 AEP AMERICAN ELECTRIC POWER 2026242 88.99 799 71,103.01
0.31 EA ELECTRONIC ARTS INC 2310194 143.56 483 69,339.48
0.31 ROST ROSS STORES INC 2746711 121.18 571 69,193.78
0.30 SNPS SYNOPSYS INC 2867719 283.69 242 68,652.98
0.29 WBA WALGREENS BOOTS BTN1Y44 47.11 1,384 65,200.24
0.29 PAYX PAYCHEX INC 2674458 112.77 576 64,955.52
0.28 CDNS CADENCE DESIGN SYS INC 2302232 144.59 444 64,197.96
0.28 CTAS CINTAS CORP 2197137 390.37 163 63,630.31
0.27 CTSH COGNIZANT TECH-A 2257019 69.79 879 61,345.41
0.27 MCHP MICROCHIP TECHNOLOGY INC 2592174 137.88 443 61,080.84
0.26 TEAM ATLASSIAN CORP-A BZ09BD1 269.08 223 60,004.84
0.26 XEL XCEL ENERGY INC 2614807 68.70 859 59,013.30
0.25 PDD PINDUODUO INC-ADR BYVW0F7 91.89 629 57,798.81
0.25 CPRT COPART INC 2208073 145.60 382 55,619.20
0.24 XLNX XILINX INC 2985677 138.54 398 55,138.92
0.23 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 121.92 434 52,913.28
0.23 ANSS ANSYS INC 2045623 362.63 143 51,856.09
0.22 SWKS SKYWORKS SOLUTIONS INC 2961053 192.07 264 50,706.48
0.22 OKTA OKTA INC BDFZSP1 250.50 200 50,100.00
0.22 FAST FASTENAL CO 2332262 54.02 914 49,374.28
0.21 VRSK VERISK ANALYTICS INC B4P9W92 185.27 261 48,355.47
0.21 NTES NETEASE INC-ADR 2606440 100.14 481 48,167.34
0.20 PCAR PACCAR INC 2665861 82.75 553 45,760.75
0.19 SGEN SEAGEN INC BLPK4D2 146.10 301 43,976.10
0.19 MXIM MAXIM INTEGRATED PRODUCTS 2573760 97.45 444 43,267.80
0.19 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.48 6,474 41,951.52
0.18 CDW CDW CORP/DE BBM5MD6 180.32 228 41,112.96
0.18 CERN CERNER CORP 2185284 78.76 510 40,167.60
0.18 SPLK SPLUNK INC B424494 142.42 281 40,020.02
0.18 VRSN VERISIGN INC 2142922 216.24 185 40,004.40
0.16 DLTR DOLLAR TREE INC 2272476 99.03 359 35,551.77
0.13 INCY INCYTE CORP 2471950 78.01 366 28,551.66
0.13 CHKP CHECK POINT SOFTWARE TECH 2181334 124.10 228 28,294.80
0.11 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 27.99 898 25,135.02
0.09 FOXA FOX CORP - CLASS A BJJMGL2 36.32 572 20,775.04
0.07 FOX FOX CORP - CLASS B BJJMGY5 34.02 434 14,764.68
0.03 CASH 1.00 7,322 7,321.56
-1.42 NQX US 08/20/21 C2950 8,480.00 -38 -322,240.00
Holdings are subject to change.


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.