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 12/03/24

Inception Date 09/18/20
Total Expense Ratio 0.35%
Net Assets $110.37 million
NAV $33.24
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 12/03/24

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 0.36%

Distributions As of 12/03/24

30-Day SEC Yield 0.49%
Trailing 12-Month Distribution (%) 5.99%
Distribution Rate 6.22%
Distribution Frequency Monthly

ETF Prices As of 12/03/24

NAV $33.24 Daily Change $0.06 0.18%
Market Price $33.24 Daily Change $0.06 0.18%

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 12/03/24

Nasdaq 100 Price 21,229.32

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$57,319,154 20475 0.00% 12/20/2024 17

Top Holdings As of 12/03/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.02 AAPL APPLE INC 2046251 242.65 41,009 9,950,833.85
8.40 NVDA NVIDIA CORP 2379504 140.26 66,133 9,275,814.58
7.83 MSFT MICROSOFT CORP 2588173 431.20 20,029 8,636,504.80
5.47 AMZN AMAZON.COM INC 2000019 213.44 28,296 6,039,498.24
5.22 META META PLATFORMS INC B7TL820 613.65 9,392 5,763,400.80
4.92 AVGO BROADCOM INC BDZ78H9 168.15 32,266 5,425,527.90
4.16 TSLA TESLA INC B616C79 351.42 13,072 4,593,762.24
2.74 COST COSTCO WHOLESALE CORP 2701271 982.15 3,083 3,027,968.45
2.46 GOOGL ALPHABET INC-CL A BYVY8G0 171.34 15,859 2,717,281.06
2.45 NFLX NETFLIX INC 2857817 902.17 3,001 2,707,412.17
2.36 GOOG ALPHABET INC-CL C BYY88Y7 173.02 15,039 2,602,047.78
1.80 TMUS T-MOBILE US INC B94Q9V0 244.85 8,108 1,985,243.80
1.51 CSCO CISCO SYSTEMS INC 2198163 59.48 27,991 1,664,904.68
1.45 AMD ADVANCED MICRO DEVICES 2007849 141.98 11,241 1,595,997.18
1.44 ADBE ADOBE INC 2008154 516.26 3,080 1,590,080.80
1.40 PEP PEPSICO INC 2681511 161.70 9,540 1,542,618.00
1.38 LIN LINDE PLC BNZHB81 458.12 3,322 1,521,874.64
1.21 ISRG INTUITIVE SURGICAL INC 2871301 541.71 2,468 1,336,940.28
1.14 QCOM QUALCOMM INC 2714923 162.58 7,736 1,257,718.88
1.13 TXN TEXAS INSTRUMENTS INC 2885409 197.23 6,344 1,251,227.12
1.12 INTU INTUIT INC 2459020 636.02 1,944 1,236,422.88
1.12 BKNG BOOKING HOLDINGS INC BDRXDB4 5,214.38 237 1,235,808.06
1.04 CMCSA COMCAST CORP-CLASS A 2044545 42.86 26,825 1,149,719.50
0.95 AMAT APPLIED MATERIALS INC 2046552 183.16 5,724 1,048,407.84
0.94 AMGN AMGEN INC 2023607 278.32 3,736 1,039,803.52
0.93 HON HONEYWELL INTL 2020459 226.96 4,515 1,024,724.40
0.80 PANW PALO ALTO NETWORKS INC B87ZMX0 392.59 2,248 882,542.32
0.78 ADP AUTOMATIC DATA PROCESSING 2065308 303.57 2,833 860,013.81
0.74 VRTX VERTEX PHARM 2931034 456.97 1,790 817,976.30
0.74 GILD GILEAD SCIENCES INC 2369174 92.49 8,771 811,229.79
0.72 SBUX STARBUCKS CORP 2842255 101.57 7,868 799,152.76
0.70 ADI ANALOG DEVICES INC 2032067 221.54 3,499 775,168.46
0.70 APP APPLOVIN CORP-CLASS A BMV3LG4 366.55 2,099 769,388.45
0.70 MU MICRON TECHNOLOGY INC 2588184 99.84 7,694 768,168.96
0.64 LRCX LAM RESEARCH CORP BSML4N7 78.34 9,007 705,608.38
0.61 MELI MERCADOLIBRE INC B23X1H3 1,929.49 351 677,250.99
0.60 INTC INTEL CORP 2463247 22.47 29,644 666,100.68
0.56 CTAS CINTAS CORP 2197137 222.65 2,783 619,634.95
0.56 KLAC KLA CORP 2480138 665.72 929 618,453.88
0.56 PYPL PAYPAL HOLDINGS INC BYW36M8 85.14 7,221 614,795.94
0.55 SNPS SYNOPSYS INC 2867719 570.19 1,060 604,401.40
0.54 MDLZ MONDELEZ INTER-A B8CKK03 64.81 9,256 599,881.36
0.54 CDNS CADENCE DESIGN SYS INC 2302232 313.25 1,891 592,355.75
0.53 MRVL MARVELL TECHNOLOGY INC BNKJSM5 95.91 6,132 588,120.12
0.52 MAR MARRIOTT INTL-A 2210614 284.93 1,993 567,865.49
0.51 CRWD CROWDSTRIKE HO-A BJJP138 349.95 1,606 562,019.70
0.51 REGN REGENERON PHARMACEUTICALS 2730190 749.57 749 561,427.93
0.49 CEG CONSTELLATION ENERGY BMH4FS1 247.51 2,167 536,354.17
0.47 FTNT FORTINET INC B5B2106 95.29 5,420 516,471.80
0.46 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,247.99 404 504,187.96
0.45 CSX CSX CORP 2160753 36.00 13,752 495,072.00
0.44 DASH DOORDASH INC - A BN13P03 176.09 2,730 480,725.70
0.43 ASML ASML HOLDING-NY B908F01 718.06 659 473,201.54
0.41 PDD PDD HOLDINGS INC BYVW0F7 98.45 4,622 455,035.90
0.41 ADSK AUTODESK INC 2065159 298.96 1,509 451,130.64
0.39 TTD TRADE DESK INC-A BD8FDD1 139.16 3,075 427,917.00
0.39 PCAR PACCAR INC 2665861 116.85 3,662 427,904.70
0.38 ABNB AIRBNB INC-CLASS A BMGYYH4 137.46 3,072 422,277.12
0.38 CPRT COPART INC 2208073 62.24 6,719 418,190.56
0.38 ROP ROPER TECHNOLOGIES INC 2749602 566.86 737 417,775.82
0.37 NXPI NXP SEMICONDUCTORS NV B505PN7 228.36 1,777 405,795.72
0.36 CHTR CHARTER COMMUN-A BZ6VT82 397.61 997 396,417.17
0.34 WDAY WORKDAY INC-CLASS A B8K6ZD1 257.06 1,462 375,821.72
0.34 MNST MONSTER BEVERAGE CORP BZ07BW4 54.19 6,858 371,635.02
0.33 PAYX PAYCHEX INC 2674458 144.49 2,514 363,247.86
0.33 FANG DIAMONDBACK ENERGY INC B7Y8YR3 175.76 2,060 362,065.60
0.33 AEP AMERICAN ELECTRIC POWER 2026242 97.02 3,723 361,205.46
0.33 ROST ROSS STORES INC 2746711 153.72 2,331 358,321.32
0.31 DDOG DATADOG INC - CLASS A BKT9Y49 155.01 2,178 337,611.78
0.30 FAST FASTENAL CO 2332262 82.81 3,995 330,825.95
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 218.33 1,495 326,403.35
0.28 EA ELECTRONIC ARTS INC 2310194 167.70 1,846 309,574.20
0.28 KDP KEURIG DR PEPPER INC BD3W133 32.38 9,475 306,800.50
0.27 BKR BAKER HUGHES CO BDHLTQ5 43.67 6,927 302,502.09
0.27 TEAM ATLASSIAN CORP-CL A BQ1PC76 268.36 1,110 297,879.60
0.26 VRSK VERISK ANALYTICS INC B4P9W92 289.05 993 287,026.65
0.25 LULU LULULEMON ATHLETICA INC B23FN39 340.66 820 279,341.20
0.25 XEL XCEL ENERGY INC 2614807 71.00 3,899 276,829.00
0.25 CTSH COGNIZANT TECH-A 2257019 79.98 3,458 276,570.84
0.25 AZN ASTRAZENECA PLC-SPONS ADR 2989044 68.05 4,060 276,283.00
0.24 EXC EXELON CORP 2670519 38.14 6,980 266,217.20
0.24 KHC KRAFT HEINZ CO/THE BYRY499 31.45 8,444 265,563.80
0.24 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 82.57 3,185 262,985.45
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 78.05 3,199 249,681.95
0.23 IDXX IDEXX LABORATORIES INC 2459202 432.11 576 248,895.36
0.22 MCHP MICROCHIP TECHNOLOGY INC 2592174 65.39 3,739 244,493.21
0.21 TTWO TAKE-TWO INTERAC 2122117 188.06 1,224 230,185.44
0.21 CSGP COSTAR GROUP INC 2262864 80.15 2,861 229,309.15
0.21 DXCM DEXCOM INC B0796X4 80.91 2,794 226,062.54
0.19 ANSS ANSYS INC 2045623 351.05 609 213,789.45
0.19 ON ON SEMICONDUCTOR 2583576 69.81 2,985 208,382.85
0.19 ZS ZSCALER INC BZ00V34 198.64 1,027 204,003.28
0.16 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.55 17,127 180,689.85
0.16 GFS GLOBALFOUNDRIES INC BMW7F63 44.63 3,832 171,022.16
0.15 CDW CDW CORP/DE BBM5MD6 179.63 931 167,235.53
0.15 MDB MONGODB INC BF2FJ99 324.01 514 166,541.14
0.15 SMCI SUPER MICRO COMPUTER INC BRC3N73 40.21 4,086 164,298.06
0.15 BIIB BIOGEN INC 2455965 160.85 1,018 163,745.30
0.14 ILMN ILLUMINA INC 2613990 140.60 1,108 155,784.80
0.11 ARM ARM HOLDINGS PLC-ADR BNSP5P7 140.38 870 122,130.60
0.10 MRNA MODERNA INC BGSXTS3 42.58 2,679 114,071.82
0.10 CASH 1.00 112,335 112,335.12
0.03 OTHER PAYABLE & RECEIVABLES 1.00 27,921 27,920.74
-2.12 NDX US 12/20/24 C20475 86,565.00 -27 -2,337,255.00
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 12/03/24

Return on Equity 21.70%
Weighted Avg. Market Cap 1,071,860 M
2023 2024
Price-to-earnings 36.66 31.94
Price-to-book value 7.53 6.39

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.