Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)
| Assets | $108.97M |
| Expense Ratio | 0.35% |
| PE Ratio | 36.12 |
| Shares Out | 3.27M |
| Dividend (ttm) | $1.90 |
| Dividend Yield | 5.85% |
| Ex-Dividend Date | Oct 21, 2024 |
| Payout Ratio | 211.33% |
| 1-Year Return | +17.23% |
| Volume | 16,012 |
| Open | 32.90 |
| Previous Close | 33.14 |
| Day's Range | 32.36 - 32.90 |
| 52-Week Low | 27.58 |
| 52-Week High | 33.50 |
| Beta | 0.89 |
| Holdings | 103 |
| Inception Date | Sep 18, 2020 |
About QYLG
Fund Home PageThe Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an exchange-traded fund that is based on the Cboe Nasdaq 100 Half BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth. QYLG was launched on Sep 18, 2020 and is issued by Global X.
Top 10 Holdings
52.58% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.88% |
| Apple Inc. | AAPL | 8.47% |
| Microsoft Corporation | MSFT | 7.82% |
| Amazon.com, Inc. | AMZN | 5.56% |
| Broadcom Inc. | AVGO | 5.14% |
| Meta Platforms, Inc. | META | 4.99% |
| Tesla, Inc. | TSLA | 3.96% |
| Costco Wholesale Corporation | COST | 2.65% |
| Alphabet Inc. | GOOGL | 2.60% |
| Alphabet Inc. | GOOG | 2.50% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 21, 2024 | $0.187 | Oct 28, 2024 |
| Sep 23, 2024 | $0.178 | Sep 30, 2024 |
| Aug 19, 2024 | $0.204 | Aug 26, 2024 |
| Jul 22, 2024 | $0.168 | Jul 29, 2024 |
| Jun 24, 2024 | $0.144 | Jul 1, 2024 |
| May 20, 2024 | $0.139 | May 29, 2024 |
News
QYLG: Capturing Income And Riding The Nasdaq Wave
QYLG offers monthly income via a covered call strategy on 50% of its Nasdaq 100 portfolio, balancing yield and limited capital appreciation. The ETF's strategy caps upside potential, making it suitabl...
QYLG: Better Nasdaq 100 Buy/Write Funds Exist
QYLG sells at-the-money call options on 50% of its portfolio, balancing capital appreciation and income, unlike QYLD, which erodes principal over time. The fund has performed as expected and provided ...
GPIQ: So Far So Good In This New Fund
Goldman Sachs Nasdaq-100 Core Premium Income ETF is a top-performing covered call fund focused on the Nasdaq index.
QYLG: A Buy-Write ETF Keeping Some Growth Potential
Global X Nasdaq 100 Covered Call & Growth ETF implements a 50% buy-write strategy on the Nasdaq 100. Its objective is to generate income while keeping more growth potential than a 100% buy-write ETF l...
QYLG: A Good Transition Away From Straight Nasdaq With Some Downside Benefits
The Global X Nasdaq 100 Covered Call & Growth ETF combines covered calls with capital growth potential. QYLG aims to generate income through selling call options while maintaining exposure to the Nasd...
QYLG: The Better Cousin Of QYLD
Global X Nasdaq 100 Covered Call & Growth ETF writes covered calls on 50% of its holdings, offering better returns and participation in upside compared to its sister QYLD. QYLG offers less protection ...
QQQX Vs. QYLG: Which ETF Is Better?
The Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) both overwrite approximately 50% of their portfolios, but QQQX has lagged behind QYLG in to...
QYLG: Performance Based On Capital Appreciation And Yield
This article provides an overview of the Global X Nasdaq 100 Covered Call & Growth ETF. The QYLG ETF shares operating similarities with the QYLD ETF that I am cautious on. However, the key difference ...
QYLG Or QQQ + QYLD: Which Is A Better Investment?
QYLG invests in Nasdaq-100 components and sells covered calls on 50% of its holding. The fund's strategy is extremely similar to 50% QQQ plus 50% QYLD, but there are some differences.
QYLG: Autopilot Options Selling On Nasdaq 100
QYLG takes the effort out of understanding options by providing an ETF that does the legwork for you. The fund sells at-the-money calls against the underlying Nasdaq 100.
QQQX: A Switch To QYLG Makes Sense
Covered call funds have been embraced for their income potential and QQQX is no different. We examine the fund, the current setup and tell you why we think this fund is easy to sell.
QYLG And If It's A Better Investment Than QYLD
I look at QYLG and QYLD from 2021 forward and in 2022 alone to see how they compare to each other. QYLG and QYLD both utilize a buy-write strategy on the Nasdaq 100 but QYLG only writes covered calls ...
QYLG: Nasdaq 100 Covered Call ETF, Fully-Covered 6.4% Dividend Yield, Moderate Upside Potential
QYLG is a Nasdaq 100 covered call ETF. It offers investors a strong, fully-covered 6.4% dividend yield, and moderate upside potential but is significantly overweight mega-cap tech stocks.
QYLG: Buy Write Not Right Just Now
Global X's thematic ETF QYLG seeks to manage risk through recourse to call options. It tracks the Nasdaq 100, selling call options against its holdings.
QYLG: EPS Revisions Are The Next Big Risk For U.S. Stocks
Investors should expect more downside pressure in major US equity indices and shouldn't be fooled by bear market rallies. The recent economic data confirms that US stocks will continue to face headwin...
QYLG Vs. QQQX: Readers Say A Better Nasdaq 100 Comparison
The Global X Nasdaq 100 Covered Call & Growth ETF invests in the NASDAQ 100, with a 50% Covered Call strategy. The Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-end fund that also invests in th...
QYLG: Inflation Is A Game-Changer For U.S. Stocks
While my view on QYLG hasn't changed since my previous article, I believe the macro outlook is now more bearish for US equities than 7 months ago.
QYLG And XYLG Are Hybrid Funds Generating Income And Growth, But Which Is The Better Buy?
QYLG and XYLG are the cousin funds to QYLD and XYLD which only utilize a 50% covered call strategy to generate income so investors can also recognize capital appreciation gains. I do a side-by-side co...
QYLG: A Covered Call ETF With Growth
QYLG is an exchange traded fund that provides exposure to Nasdaq 100 constituents.
Dividend Harvesting Week 40 Update, $4,000 Allocated, $263.68 In Annual Dividends Yielding 6.81% Across 58 Positions
After 40 weeks and $4,000, the Dividend Harvesting Portfolio is generating $263.680 in estimated annual income and $21.97 in monthly estimated income.
QYLG: A Monthly Dividend-Paying ETF Providing Capital Appreciation Opportunity
QYLG uses derivatives through a covered call strategy to provide monthly dividends. Since its launch in September 2020, QYLG has proved it can deliver solid returns: +22.6% capital appreciation on top...
2 New ETFs For Income Starved Investors
Investors search for income and yield are taking a beating this year, particularly if they're relying on traditional assets.
Introducing The Global X Covered Call And Growth ETFs (QYLG And XYLG)
Introducing The Global X Covered Call And Growth ETFs (QYLG And XYLG)