Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Global X NASDAQ 100 Covered Call ETF (QYLD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/25/2025: QYLD (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 21.66% | Avg. Invested days 78 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 08/25/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.6 | 52 Weeks Range 14.04 - 17.98 | Updated Date 06/29/2025 |
52 Weeks Range 14.04 - 17.98 | Updated Date 06/29/2025 |
Upturn AI SWOT
Global X NASDAQ 100 Covered Call ETF
ETF Overview
Overview
The Global X NASDAQ 100 Covered Call ETF (QYLD) seeks to generate income by investing in the stocks of the NASDAQ 100 Index and writing corresponding call options on the index. It offers exposure to large-cap US technology stocks with a covered call strategy to enhance yield.
Reputation and Reliability
Global X is a well-known ETF provider with a solid reputation for innovation and offering diverse investment strategies.
Management Expertise
Global X has a dedicated team with expertise in structured products and options strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe NASDAQ-100 BuyWrite V2 Index.
Investment Approach and Strategy
Strategy: It employs a covered call strategy, writing call options on the NASDAQ 100 Index.
Composition Primarily holds stocks included in the NASDAQ 100 Index. The Fund also holds short-term instruments and cash.
Market Position
Market Share: QYLD holds a substantial market share within the covered call ETF segment.
Total Net Assets (AUM): 8280000000
Competitors
Key Competitors
- JEPI
- XYLD
- RYLD
- SPYI
Competitive Landscape
The covered call ETF market is moderately competitive. QYLD is a leading fund in the NASDAQ 100 covered call segment, offering a high income stream. Competitors such as JEPI use different covered call strategies. Advantages include high yield; disadvantages are limited upside potential.
Financial Performance
Historical Performance: Past performance is not indicative of future results. Performance is tied to the NASDAQ 100 and option premiums generated.
Benchmark Comparison: The benchmark is the Cboe NASDAQ-100 BuyWrite V2 Index. QYLD performance will vary based on option premiums received.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
QYLD exhibits high liquidity, characterized by its substantial average trading volume.
Bid-Ask Spread
QYLD typically has a tight bid-ask spread, facilitating efficient trading.
Market Dynamics
Market Environment Factors
Market volatility, interest rates, and the performance of the NASDAQ 100 all affect QYLD's performance.
Growth Trajectory
Growth is influenced by the popularity of income-generating ETFs and the performance of the NASDAQ 100, with no changes to strategy since inception.
Moat and Competitive Advantages
Competitive Edge
QYLD offers a straightforward covered call strategy focused on the NASDAQ 100, providing predictable income. Its large AUM and high trading volume enhance liquidity. The fund's consistent income stream attracts income-seeking investors. However, it limits upside potential compared to direct NASDAQ 100 exposure. QYLD's focus on a well-known index provides transparency.
Risk Analysis
Volatility
Volatility is linked to the NASDAQ 100. Covered call strategy can reduce volatility compared to direct index ownership.
Market Risk
The primary risk is linked to the performance of the NASDAQ 100. If the index declines sharply, the ETF's value will fall. The covered call strategy can provide some downside protection, but losses are still possible.
Investor Profile
Ideal Investor Profile
Ideal investors are income-seeking investors, retirees, or those looking to supplement their income with a steady stream of cash flow.
Market Risk
Suitable for investors with a moderate risk tolerance who prioritize income over capital appreciation.
Summary
QYLD is a covered call ETF that aims to generate income by writing call options on the NASDAQ 100. It's suitable for income-seeking investors who are willing to sacrifice potential capital appreciation. The ETF's performance is closely tied to the NASDAQ 100's movement and the premiums generated by the covered call strategy. The strategy offers a consistent income stream with less volatile growth when compared to a direct investment in the NASDAQ 100.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Global X ETFs website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investments involve risk, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Global X NASDAQ 100 Covered Call ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100® BuyWrite Index is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100® Index, and writes (or sells) a succession of one-month at-the-money NASDAQ-100® Index covered call options. It is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.