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 11/20/24

Inception Date 09/18/20
Total Expense Ratio 0.35%
Net Assets $106.45 million
NAV $32.55
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 11/20/24

Ticker QYLG
Bloomberg Index Ticker BXNH
CUSIP 37954Y269
ISIN US37954Y2697
Primary Exchange Nasdaq
Shares Outstanding 3,270,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.36%

Distributions As of 11/20/24

30-Day SEC Yield 0.50%
Trailing 12-Month Distribution (%) 6.12%
Distribution Rate 6.57%
Distribution Frequency Monthly

ETF Prices As of 11/20/24

NAV $32.55 Daily Change -$0.03 -0.09%
Market Price $32.60 Daily Change -$0.02 -0.06%

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 30.15% 30.42% 30.84%
3 Years 6.50% 6.50% 7.11%
Since Inception 12.39% 12.41% 13.04%
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 16.45% 16.36% 17.05%
1 Month -0.11% -0.14% -0.09%
3 Months 4.01% 4.04% 4.20%
Since Inception 61.80% 61.93% 65.71%

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 11/20/24

Nasdaq 100 Price 20,667.10

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$53,734,469 20475 0.00% 12/20/2024 30

Top Holdings As of 11/20/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.93 NVDA NVIDIA CORP 2379504 145.89 65,138 9,502,982.82
8.69 AAPL APPLE INC 2046251 229.00 40,389 9,249,081.00
7.69 MSFT MICROSOFT CORP 2588173 414.66 19,729 8,180,827.14
5.31 AMZN AMAZON.COM INC 2000019 202.88 27,871 5,654,468.48
4.92 META META PLATFORMS INC B7TL820 565.52 9,252 5,232,191.04
4.87 AVGO BROADCOM INC BDZ78H9 163.25 31,781 5,188,248.25
4.14 TSLA TESLA INC B616C79 342.03 12,877 4,404,320.31
2.65 COST COSTCO WHOLESALE CORP 2701271 928.08 3,038 2,819,507.04
2.58 GOOGL ALPHABET INC-CL A BYVY8G0 175.98 15,619 2,748,631.62
2.47 GOOG ALPHABET INC-CL C BYY88Y7 177.33 14,814 2,626,966.62
2.45 NFLX NETFLIX INC 2857817 883.85 2,956 2,612,660.60
1.77 TMUS T-MOBILE US INC B94Q9V0 235.47 7,988 1,880,934.36
1.49 CSCO CISCO SYSTEMS INC 2198163 57.50 27,566 1,585,045.00
1.43 AMD ADVANCED MICRO DEVICES 2007849 137.60 11,071 1,523,369.60
1.42 ADBE ADOBE INC 2008154 499.50 3,035 1,515,982.50
1.40 PEP PEPSICO INC 2681511 158.74 9,395 1,491,362.30
1.38 LIN LINDE PLC BNZHB81 450.14 3,272 1,472,858.08
1.24 ISRG INTUITIVE SURGICAL INC 2871301 541.82 2,433 1,318,248.06
1.17 INTU INTUIT INC 2459020 650.60 1,914 1,245,248.40
1.16 TXN TEXAS INSTRUMENTS INC 2885409 198.19 6,249 1,238,489.31
1.10 QCOM QUALCOMM INC 2714923 154.27 7,621 1,175,691.67
1.09 BKNG BOOKING HOLDINGS INC BDRXDB4 5,016.43 232 1,163,811.76
1.07 CMCSA COMCAST CORP-CLASS A 2044545 42.99 26,420 1,135,795.80
1.00 AMGN AMGEN INC 2023607 287.87 3,681 1,059,649.47
0.95 HON HONEYWELL INTL 2020459 226.67 4,445 1,007,548.15
0.90 AMAT APPLIED MATERIALS INC 2046552 170.09 5,639 959,137.51
0.82 PANW PALO ALTO NETWORKS INC B87ZMX0 392.89 2,213 869,465.57
0.78 ADP AUTOMATIC DATA PROCESSING 2065308 298.59 2,788 832,468.92
0.75 VRTX VERTEX PHARM 2931034 451.23 1,765 796,420.95
0.72 GILD GILEAD SCIENCES INC 2369174 88.63 8,641 765,851.83
0.72 SBUX STARBUCKS CORP 2842255 98.26 7,748 761,318.48
0.70 MU MICRON TECHNOLOGY INC 2588184 98.37 7,579 745,546.23
0.68 ADI ANALOG DEVICES INC 2032067 211.01 3,449 727,773.49
0.66 INTC INTEL CORP 2463247 24.01 29,194 700,947.94
0.63 APP APPLOVIN CORP-CLASS A BMV3LG4 325.22 2,069 672,880.18
0.63 MELI MERCADOLIBRE INC B23X1H3 1,931.26 346 668,215.96
0.59 CASH 1.00 627,917 627,916.88
0.58 LRCX LAM RESEARCH CORP BSML4N7 70.05 8,872 621,483.60
0.57 PYPL PAYPAL HOLDINGS INC BYW36M8 84.74 7,116 603,009.84
0.56 CTAS CINTAS CORP 2197137 218.75 2,743 600,031.25
0.55 MDLZ MONDELEZ INTER-A B8CKK03 64.42 9,116 587,252.72
0.53 SNPS SYNOPSYS INC 2867719 541.56 1,045 565,930.20
0.53 CDNS CADENCE DESIGN SYS INC 2302232 304.01 1,861 565,762.61
0.53 KLAC KLA CORP 2480138 616.83 914 563,782.62
0.52 CRWD CROWDSTRIKE HO-A BJJP138 350.15 1,581 553,587.15
0.52 REGN REGENERON PHARMACEUTICALS 2730190 743.35 739 549,335.65
0.52 MAR MARRIOTT INTL-A 2210614 279.55 1,963 548,756.65
0.51 MRVL MARVELL TECHNOLOGY INC BNKJSM5 89.86 6,042 542,934.12
0.50 PDD PDD HOLDINGS INC BYVW0F7 116.49 4,552 530,262.48
0.47 CEG CONSTELLATION ENERGY BMH4FS1 235.42 2,132 501,915.44
0.46 FTNT FORTINET INC B5B2106 92.45 5,340 493,683.00
0.45 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,188.87 399 474,359.13
0.44 CSX CSX CORP 2160753 34.57 13,547 468,319.79
0.44 DASH DOORDASH INC - A BN13P03 172.20 2,690 463,218.00
0.43 ADSK AUTODESK INC 2065159 307.84 1,484 456,834.56
0.40 ASML ASML HOLDING-NY B908F01 658.43 649 427,321.07
0.39 ABNB AIRBNB INC-CLASS A BMGYYH4 135.25 3,027 409,401.75
0.38 ROP ROPER TECHNOLOGIES INC 2749602 549.45 727 399,450.15
0.37 PCAR PACCAR INC 2665861 109.99 3,607 396,733.93
0.36 NXPI NXP SEMICONDUCTORS NV B505PN7 220.34 1,752 386,035.68
0.36 CHTR CHARTER COMMUN-A BZ6VT82 389.12 982 382,115.84
0.35 TTD TRADE DESK INC-A BD8FDD1 123.90 3,030 375,417.00
0.35 WDAY WORKDAY INC-CLASS A B8K6ZD1 259.44 1,442 374,112.48
0.35 FANG DIAMONDBACK ENERGY INC B7Y8YR3 181.46 2,030 368,363.80
0.35 CPRT COPART INC 2208073 55.42 6,619 366,824.98
0.34 MNST MONSTER BEVERAGE CORP BZ07BW4 53.70 6,753 362,636.10
0.33 AEP AMERICAN ELECTRIC POWER 2026242 96.80 3,668 355,062.40
0.33 PAYX PAYCHEX INC 2674458 141.83 2,474 350,887.42
0.30 FAST FASTENAL CO 2332262 81.82 3,935 321,961.70
0.30 ROST ROSS STORES INC 2746711 139.32 2,296 319,878.72
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 214.33 1,475 316,136.75
0.28 EA ELECTRONIC ARTS INC 2310194 166.71 1,816 302,745.36
0.28 BKR BAKER HUGHES CO BDHLTQ5 44.31 6,822 302,282.82
0.28 KDP KEURIG DR PEPPER INC BD3W133 32.04 9,335 299,093.40
0.27 DDOG DATADOG INC - CLASS A BKT9Y49 135.45 2,143 290,269.35
0.26 VRSK VERISK ANALYTICS INC B4P9W92 284.20 978 277,947.60
0.25 XEL XCEL ENERGY INC 2614807 70.05 3,839 268,921.95
0.25 TEAM ATLASSIAN CORP-CL A BQ1PC76 245.45 1,095 268,767.75
0.25 EXC EXELON CORP 2670519 38.73 6,875 266,268.75
0.25 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 84.90 3,135 266,161.50
0.25 CTSH COGNIZANT TECH-A 2257019 77.57 3,408 264,358.56
0.24 KHC KRAFT HEINZ CO/THE BYRY499 30.88 8,319 256,890.72
0.24 AZN ASTRAZENECA PLC-SPONS ADR 2989044 63.20 4,000 252,800.00
0.24 LULU LULULEMON ATHLETICA INC B23FN39 308.31 810 249,731.10
0.23 MCHP MICROCHIP TECHNOLOGY INC 2592174 65.12 3,684 239,902.08
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 75.99 3,149 239,292.51
0.22 IDXX IDEXX LABORATORIES INC 2459202 418.61 566 236,933.26
0.21 TTWO TAKE-TWO INTERAC 2122117 185.50 1,204 223,342.00
0.20 CSGP COSTAR GROUP INC 2262864 76.27 2,816 214,776.32
0.20 DXCM DEXCOM INC B0796X4 75.24 2,754 207,210.96
0.19 ANSS ANSYS INC 2045623 342.24 599 205,001.76
0.19 ZS ZSCALER INC BZ00V34 200.94 1,012 203,351.28
0.19 ON ON SEMICONDUCTOR 2583576 67.31 2,940 197,891.40
0.16 WBD WARNER BROS DISCOVERY INC BM8JYX3 9.95 16,872 167,876.40
0.15 CDW CDW CORP/DE BBM5MD6 175.99 916 161,206.84
0.15 GFS GLOBALFOUNDRIES INC BMW7F63 41.66 3,772 157,141.52
0.15 BIIB BIOGEN INC 2455965 156.00 1,003 156,468.00
0.14 ILMN ILLUMINA INC 2613990 131.68 1,093 143,926.24
0.13 MDB MONGODB INC BF2FJ99 281.76 504 142,007.04
0.11 ARM ARM HOLDINGS PLC-ADR BNSP5P7 133.70 855 114,313.50
0.10 SMCI SUPER MICRO COMPUTER INC BRC3N73 25.80 4,026 103,870.80
0.09 MRNA MODERNA INC BGSXTS3 36.94 2,639 97,484.66
-0.50 OTHER PAYABLE & RECEIVABLES 1.00 -535,615 -535,614.90
-1.46 NDX US 12/20/24 C20475 59,900.00 -26 -1,557,400.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/24

Sector Weight (%)
Information Technology 49.7
Communication Services 16.0
Consumer Discretionary 13.6
Consumer Staples 5.9
Health Care 5.9
Industrials 5.1
Materials 1.4
Utilities 1.4
Energy 0.6
Financials 0.5

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Semiconductors & Semiconductor Equipment 24.0
Software & Services 15.3
Media & Entertainment 14.3
Technology Hardware & Equipment 10.4
Consumer Discretionary Distribution & Retail 7.3
Pharmaceuticals, Biotechnology & Life Sciences 4.0
Food, Beverage & Tobacco 3.2
Automobiles & Components 3.1
Consumer Services 3.1
Consumer Staples Distribution & Retail 2.7
Commercial & Professional Services 2.4
Other 10.2

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 11/20/24

Return on Equity 22.10%
Weighted Avg. Market Cap 1,082,610 M
2023 2024
Price-to-earnings 34.92 30.04
Price-to-book value 7.24 6.12

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/24

Versus Beta
S&P 500 0.89
NASDAQ-100 0.76
MSCI EAFE 0.70
MSCI Emg. Mkts 0.59
Standard Deviation 17.00%

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.