Key stats
About Global X Nasdaq 100 Covered Call & Growth ETF
Expense ratio
0.35%
Home page
Inception date
Sep 18, 2020
QYLG is passively managed to provide both the potential for growth and some yield from the Nasdaq 100 Index. The fund provides Nasdaq-100 exposure but earns some income by selling one-month, at-the-money call options on half of the portfolio. The fund looks to earn some premium income from half of the portfolio while allowing the other half upside potential. Holding the various positions and writing index call options inside an ETF wrapper is a more efficient way to access the strategy. The strategy should reduce volatility and help generate some income, compared to the index itself, but it also places a drag on the overall upside potential.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks100.84%
Technology Services32.85%
Electronic Technology29.14%
Retail Trade10.93%
Health Technology6.26%
Consumer Services4.75%
Consumer Non-Durables3.92%
Consumer Durables2.56%
Producer Manufacturing2.52%
Process Industries1.62%
Communications1.50%
Utilities1.31%
Transportation1.16%
Commercial Services0.54%
Distribution Services0.29%
Energy Minerals0.27%
Industrial Services0.24%
Bonds, Cash & Other−0.84%
Cash0.14%
Rights & Warrants−0.98%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history