| NAV | $25.67 | Daily Change | $0.02 | 0.08% |
| Market Price | $26.20 | Daily Change | $0.05 | 0.19% |
QDCC seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.1
QDCC expects to make distributions on a monthly basis.
QDCC writes call options on the Global X S&P 500 Quality Dividend ETF (QDIV), saving investors the time and potential expense of doing so individually.
1Covered call writing can limit the upside potential of the underlying security
| Inception Date | 05/07/24 |
| Total Expense Ratio | 0.35% |
| Net Assets | $1.03 million |
| NAV | $25.67 |
| Fact Sheet | View the document |
The Global X S&P 500 Quality Dividend Covered Call ETF follows a “covered call” or “buy-write” strategy, in which the Fund buys the Global X S&P 500 Quality Dividend ETF (QDIV) and “writes” or “sells” corresponding call options on the same ETF.
The Global X S&P 500 Quality Dividend Covered Call ETF (QDCC) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe QDIV ATM BuyWrite Index.
| NAV | $25.67 | Daily Change | $0.02 | 0.08% |
| Market Price | $26.20 | Daily Change | $0.05 | 0.19% |
|
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | -- | -- | -- |
| 1 Month | 0.40% | 0.86% | 1.19% |
| 3 Months | 4.84% | 4.28% | 9.33% |
| Since Inception | 3.49% | 5.53% | 9.36% |
| Year-to-Date | -- | -- | -- |
| 1 Month | 3.08% | 1.48% | -2.17% |
| 3 Months | 6.16% | 4.66% | 2.11% |
| Since Inception | 6.68% | 7.10% | 6.98% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 103.45 | QDIV | GLOBAL X S&P 500 QLTY DIV | BF5J750 | 36.21 | 29,330 | 1,062,077.43 |
| 1.14 | CASH | 1.00 | 11,722 | 11,722.37 | ||
| -1.00 | OTHER PAYABLE & RECEIVABLES | 1.00 | -10,290 | -10,290.47 | ||
| -3.59 | 2QDIV US 12/20/2024 C36 | 126.19 | -292 | -36,847.48 |
Investing involves risk, including the possible loss of principal. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time. QDCC 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 and writing a call option on that same asset with the goal of realizing additional income from the option premium. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying asset above the exercise price, but continues to bear the risk of a decline in the asset. 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 asset’s current market price. QDCC 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. 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. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the funds’ investment objectives, risks, and charges and expenses before investing. This and other information can be found in the funds’ full or summary prospectuses, which may be obtained at globalxetfs.com. 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 Standard & Poors 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.