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 04/15/21

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 $10,893,124
Net Asset Value (NAV) $31.12
Shares Outstanding 350,000
Total Expense Ratio 0.60%

Distributions

30-Day SEC Yield 0.16%
Distribution Frequency Monthly

Fund Prices As of 04/15/21

NAV $31.12 Daily Change $0.28 0.90%
Market Price $31.07 Daily Change $0.16 0.52%
30-Day Median Bid-Ask Spread 0.38%

Performance History

As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
Year-to-Date 1.69% 1.92% 1.89%
1 Month 1.55% 1.10% 1.63%
3 Months 1.69% 1.92% 1.89%
Since Inception 16.97% 17.28% 17.37%
Year-to-Date 1.69% 1.92% 1.89%
1 Month 1.55% 1.10% 1.63%
3 Months 1.69% 1.92% 1.89%
Since Inception 16.97% 17.28% 17.37%

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 04/15/21

Return on Equity 25.80%
Weighted Avg. Market Cap 803,830 M
2020 2021
Price-to-earnings 36.65 30.24
Price-to-book value 8.68 7.06

Source: AltaVista Research, LLC

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.36 AAPL APPLE INC 2046251 134.16 9,185 1,232,259.60
9.92 MSFT MICROSOFT CORP 2588173 260.74 4,126 1,075,813.24
8.62 AMZN AMAZON.COM INC 2000019 3,399.44 275 934,846.00
4.43 TSLA TESLA INC B616C79 739.78 650 480,857.00
3.79 GOOG ALPHABET INC-CL C BYY88Y7 2,297.76 179 411,299.04
3.71 FB FACEBOOK INC-CLASS A B7TL820 306.18 1,315 402,626.70
3.45 GOOGL ALPHABET INC-CL A BYVY8G0 2,282.75 164 374,371.00
3.03 NVDA NVIDIA CORP 2379504 636.50 516 328,434.00
2.42 PYPL PAYPAL HOLDINGS INC BYW36M8 269.87 974 262,853.38
2.02 INTC INTEL CORP 2463247 64.75 3,379 218,790.25
1.93 CMCSA COMCAST CORP-CLASS A 2044545 55.11 3,802 209,528.22
1.93 ADBE ADOBE INC 2008154 525.08 398 208,981.84
1.86 NFLX NETFLIX INC 2857817 546.54 368 201,126.72
1.71 CSCO CISCO SYSTEMS INC 2198163 52.80 3,511 185,380.80
1.53 PEP PEPSICO INC 2681511 144.16 1,147 165,351.52
1.50 AVGO BROADCOM INC BDZ78H9 478.79 339 162,309.81
1.35 TXN TEXAS INSTRUMENTS INC 2885409 191.93 765 146,826.45
1.27 TMUS T-MOBILE US INC B94Q9V0 133.05 1,033 137,440.65
1.26 COST COSTCO WHOLESALE CORP 2701271 370.72 368 136,424.96
1.20 QCOM QUALCOMM INC 2714923 138.21 944 130,470.24
1.13 AMGN AMGEN INC 2023607 255.71 480 122,740.80
1.07 SBUX STARBUCKS CORP 2842255 118.34 978 115,736.52
0.95 CHTR CHARTER COMMUN-A BZ6VT82 644.37 159 102,454.83
0.93 AMAT APPLIED MATERIALS INC 2046552 133.73 752 100,564.96
0.87 INTU INTUIT INC 2459020 415.82 227 94,391.14
0.78 BKNG BOOKING HOLDINGS INC BDRXDB4 2,476.90 34 84,214.60
0.76 MU MICRON TECHNOLOGY INC 2588184 90.66 914 82,863.24
0.75 AMD ADVANCED MICRO DEVICES 2007849 82.15 990 81,328.50
0.73 ISRG INTUITIVE SURGICAL INC 2871301 812.57 98 79,631.86
0.70 LRCX LAM RESEARCH CORP 2502247 643.71 117 75,314.07
0.63 GILD GILEAD SCIENCES INC 2369174 66.87 1,024 68,474.88
0.63 FISV FISERV INC 2342034 125.09 546 68,299.14
0.62 MDLZ MONDELEZ INTER-A B8CKK03 58.77 1,151 67,644.27
0.62 ADP AUTOMATIC DATA PROCESSING 2065308 192.94 349 67,336.06
0.62 MELI MERCADOLIBRE INC B23X1H3 1,591.88 42 66,858.96
0.58 ATVI ACTIVISION BLIZZARD INC 2575818 96.48 655 63,194.40
0.58 ZM ZOOM VIDEO COM-A BGSP7M9 329.95 191 63,020.45
0.57 CSX CSX CORP 2160753 98.64 621 61,255.44
0.53 MRNA MODERNA INC BGSXTS3 170.81 335 57,221.35
0.52 ADSK AUTODESK INC 2065159 300.16 186 55,829.76
0.48 JD JD.COM INC-ADR BMM27D9 77.04 674 51,924.96
0.46 ADI ANALOG DEVICES INC 2032067 159.51 312 49,767.12
0.46 ILMN ILLUMINA INC 2613990 399.00 124 49,476.00
0.43 BIDU BAIDU INC - SPON ADR B0FXT17 213.56 220 46,983.20
0.43 VRTX VERTEX PHARM 2931034 219.39 210 46,071.90
0.41 NXPI NXP SEMICONDUCTORS NV B505PN7 199.38 224 44,661.12
0.40 MNST MONSTER BEVERAGE CORP BZ07BW4 98.17 445 43,685.65
0.40 KLAC KLA CORP 2480138 333.00 131 43,623.00
0.39 KDP KEURIG DR PEPPER INC BD3W133 36.01 1,188 42,779.88
0.39 REGN REGENERON PHARMACEUTICALS 2730190 502.60 85 42,721.00
0.39 KHC KRAFT HEINZ CO/THE BYRY499 41.00 1,032 42,312.00
0.38 ALGN ALIGN TECHNOLOGY INC 2679204 606.33 68 41,230.44
0.38 ASML ASML HOLDING-NY B908F01 645.69 63 40,678.47
0.37 PDD PINDUODUO INC-ADR BYVW0F7 133.31 297 39,593.07
0.36 WDAY WORKDAY INC-CLASS A B8K6ZD1 256.35 153 39,221.55
0.36 IDXX IDEXX LABORATORIES INC 2459202 535.00 73 39,055.00
0.36 WBA WALGREENS BOOTS BTN1Y44 53.30 731 38,962.30
0.36 MAR MARRIOTT INTL-A 2210614 148.63 262 38,941.06
0.35 EBAY EBAY INC 2293819 64.93 581 37,724.33
0.34 ROST ROSS STORES INC 2746711 129.91 287 37,284.17
0.34 AEP AMERICAN ELECTRIC POWER 2026242 88.55 419 37,102.45
0.34 DOCU DOCUSIGN INC BFYT7B7 231.93 157 36,413.01
0.34 EXC EXELON CORP 2670519 46.16 786 36,281.76
0.33 MCHP MICROCHIP TECHNOLOGY INC 2592174 158.29 227 35,931.83
0.32 LULU LULULEMON ATHLETICA INC B23FN39 324.10 108 35,002.80
0.32 CTSH COGNIZANT TECH-A 2257019 80.62 426 34,344.12
0.31 MTCH MATCH GROUP INC BK80XH9 145.30 229 33,273.70
0.30 CDNS CADENCE DESIGN SYS INC 2302232 147.26 224 32,986.24
0.30 BIIB BIOGEN INC 2455965 270.31 122 32,977.82
0.30 EA ELECTRONIC ARTS INC 2310194 141.05 231 32,582.55
0.30 XEL XCEL ENERGY INC 2614807 70.37 456 32,088.72
0.29 CTAS CINTAS CORP 2197137 350.52 91 31,897.32
0.29 SNPS SYNOPSYS INC 2867719 260.77 122 31,813.94
0.28 DXCM DEXCOM INC B0796X4 400.04 77 30,803.08
0.28 PAYX PAYCHEX INC 2674458 97.50 313 30,517.50
0.28 ALXN ALEXION PHARM 2036070 163.68 184 30,117.12
0.27 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 530.52 56 29,709.12
0.26 PCAR PACCAR INC 2665861 94.92 300 28,476.00
0.26 OKTA OKTA INC BDFZSP1 269.98 105 28,347.90
0.26 MRVL MARVELL TECH GRP 2594653 47.91 583 27,931.53
0.25 XLNX XILINX INC 2985677 128.64 214 27,528.96
0.25 NTES NETEASE INC-ADR 2606440 106.80 257 27,447.60
0.25 TEAM ATLASSIAN CORP-A BZ09BD1 234.76 115 26,997.40
0.25 SWKS SKYWORKS SOLUTIONS INC 2961053 189.76 141 26,756.16
0.25 ANSS ANSYS INC 2045623 373.93 71 26,549.03
0.24 VRSK VERISK ANALYTICS INC B4P9W92 185.46 141 26,149.86
0.23 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 116.21 218 25,333.78
0.23 CPRT COPART INC 2208073 123.48 201 24,819.48
0.23 FAST FASTENAL CO 2332262 50.54 487 24,612.98
0.22 DLTR DOLLAR TREE INC 2272476 117.36 201 23,589.36
0.21 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.31 3,640 22,968.40
0.21 SGEN SEAGEN INC BLPK4D2 145.50 157 22,843.50
0.20 CDW CDW CORP/DE BBM5MD6 184.01 120 22,081.20
0.20 MXIM MAXIM INTEGRATED PRODUCTS 2573760 95.13 228 21,689.64
0.19 VRSN VERISIGN INC 2142922 208.16 99 20,607.84
0.18 CERN CERNER CORP 2185284 75.31 258 19,429.98
0.17 SPLK SPLUNK INC B424494 134.25 137 18,392.25
0.15 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 36.51 445 16,246.95
0.14 INCY INCYTE CORP 2471950 82.68 186 15,378.48
0.13 CHKP CHECK POINT SOFTWARE TECH 2181334 118.83 120 14,259.60
0.11 CASH 1.00 11,801 11,800.93
0.10 FOXA FOX CORP - CLASS A BJJMGL2 37.95 288 10,928.16
0.07 FOX FOX CORP - CLASS B BJJMGY5 36.72 218 8,004.96
-1.20 NQX US 05/21/21 C2800 6,835.00 -19 -129,865.00
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.