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Global X NASDAQ 100 Covered Call ETF(QYLD)
Top performer 
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
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Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QYLD
09/15/2026: QYLD (5-star) is a STRONG-BUY. BUY for 20 days. Simulated Profits (1.89%). Updated daily EoD!
QYLD provides exposure to the NASDAQ-100 Index combined with a systematic covered call strategy to generate monthly income. Its primary strength lies in its ability to convert equity market volatility into regular cash distributions, backed by the scale and liquidity of a major issuer. It is best suited for income investors looking to augment their cash flow without needing to trade options directly. Investors should be aware that the strategy limits capital gains in rising markets and remains subject to the full risks of the tech-heavy NASDAQ-100. It is an effective tool for income-centric portfolios, provided the investor understands the trade-off between premium collection and potential upside.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The capped upside strategy prevents investors from fully participating in strong equity bull markets. |
| Momentum investor | Weak fit | This fund is designed for income stability rather than capturing aggressive price momentum. |
| Value investor | Mixed fit | The value proposition depends on the sustainability of the income yield relative to the underlying index volatility. |
| Dividend/Income investor | Strong fit | The primary objective is generating regular monthly income, making it an attractive tool for income-focused portfolios. |
| Low-risk investor | Mixed fit | While it reduces volatility compared to the pure NASDAQ-100, the underlying assets are still high-beta growth stocks. |
Investor Profile
Ideal Investor Profile
Income-focused investors who prioritize monthly cash flow over capital appreciation and are comfortable with capped upside potential.
Suitability
Best for long-term income-oriented investors; not recommended for active traders or those seeking pure growth.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The fund is tied to the NASDAQ-100, which is inherently volatile, though the covered call strategy helps dampen this slightly. |
| Market risk | High | As an equity-linked fund, it is fully exposed to systematic market downturns. |
| Concentration | High | The portfolio is heavily concentrated in the top technology and growth holdings of the NASDAQ-100. |
| Tracking/expense | Low | The fund tracks its index reliably, and the expense ratio is reasonable for a derivative-based strategy. |
| Liquidity | Low | The fund's high volume ensures that liquidity risk for investors remains minimal. |
| Business/sector quality | Medium | The underlying companies are generally high-quality large-cap firms, though they are subject to sector-specific regulatory and growth risks. |
Risk Analysis
Volatility
QYLD exhibits lower volatility than the raw NASDAQ-100 index due to the income cushion provided by premiums, though it remains exposed to significant equity risk.
Market Risk
The fund carries substantial market risk as it is heavily tilted toward technology and growth-oriented equities, which are sensitive to economic cycles.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Equity | NASDAQ-100 Index Components | 100 | The ETF holds the underlying large-cap growth stocks that make up the NASDAQ-100 Index. |
| Derivatives | NASDAQ-100 Index Call Options (Short Position) | The fund sells call options to generate monthly income, which caps upside potential in exchange for premium. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 39.45% | Avg. Invested days 93 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/15/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 15, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $8.37B |
| Issuer | Global X Funds |
| Expense Ratio | 0.61% |
| Distribution Yield | 9.67% |
| Inception | Dec 11, 2013 |
Performance
| Period | Total Return |
|---|---|
| YTD | +12.67% |
| 1 Year | +22.69% |
| 3 Year | +15.57% |
| 5 Year | +8.52% |
| 10 Year | +10.32% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 8.59% |
| 3Y Volatility | 8.1% |
| 3Y Sharpe Ratio | 1.26 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Sustainability Rating | 3 / 5 |
| Benchmark | S&P 500 TR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 56.10% |
| Large Cap | 32.47% |
| Mid Cap | 11.64% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 59.48% |
| Communication Services | 12.99% |
| Consumer Cyclicals | 10.82% |
| Consumer Defensive | 6.18% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 22x |
| Portfolio P/B | 6.92x |
| Portfolio P/S | 5.4x |
| Holdings Turnover | 38.93% |
Top Holdings
| Holding | Weight |
|---|---|
| NVIDIA | 8.62% |
| Apple | 7.82% |
| Microsoft | 5.97% |
| Micron Technology | 4.96% |
| Amazon | 4.42% |
Upturn AI Summary
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.
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