- ISIN
- US37954Y4834
- CUSIP
- 37954Y483
- Issuer
- Global X
- Inception Date
- Dec 12, 2013
- Region
- North America (U.S.)
- Category
- Nasdaq-100, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- CBOE NASDAQ-100 Buy Write V2
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $8B
Share Price Chart
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Performance
QYLD Performance Chart
Global X NASDAQ 100 Covered Call ETF (QYLD) is up 7.6% since the beginning of the year. QYLD is currently trading at $18 per share. Investors who bought $1,000 worth of QYLD shares 5 years ago would now be looking at an investment worth $1,488.
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Returns By Period
Global X NASDAQ 100 Covered Call ETF (QYLD) has returned 7.64% so far this year and 22.69% over the past 12 months. Over the last ten years, QYLD has returned 9.76% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.
Global X NASDAQ 100 Covered Call ETF
- 1D
- 0.56%
- 1M
- 0.78%
- YTD
- 7.64%
- 6M
- 9.41%
- 1Y
- 22.69%
- 3Y*
- 13.61%
- 5Y*
- 8.28%
- 10Y*
- 9.76%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- -0.17%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 22.93%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
QYLD Monthly Returns History
Based on dividend-adjusted daily data since Dec 12, 2013, QYLD's average daily return is +0.04%, while the average monthly return is +0.74%. At this rate, an investment would double in approximately 7.8 years.
Historically, 72% of months were positive and 28% were negative. The best month was Nov 2020 with a return of +10.0%, while the worst month was Mar 2020 at -9.0%. The longest winning streak lasted 22 consecutive months, and the longest losing streak was 3 months.
On a daily basis, QYLD closed higher 57% of trading days. The best single day was Apr 9, 2025 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -10.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.69% | -0.13% | -1.52% | 5.90% | 1.57% | 0.06% | 7.64% | ||||||
| 2025 | 2.41% | -2.00% | -6.36% | -1.00% | 1.45% | 3.17% | 1.18% | 0.34% | 3.25% | 3.51% | 1.24% | 2.17% | 9.28% |
| 2024 | 2.65% | 2.38% | 1.29% | -1.81% | 1.51% | 1.88% | 0.44% | 2.85% | 1.86% | 0.62% | 2.41% | 1.84% | 19.35% |
| 2023 | 7.18% | -1.86% | 5.63% | 1.83% | 3.01% | 1.64% | 2.60% | -2.13% | -3.04% | 0.04% | 3.63% | 2.67% | 22.77% |
| 2022 | -5.46% | -2.15% | 5.28% | -6.80% | -5.87% | -2.13% | 6.50% | -6.45% | -7.28% | 4.11% | 3.76% | -3.05% | -19.08% |
| 2021 | 1.14% | -0.90% | 1.77% | 1.06% | -0.65% | 1.88% | 1.28% | 3.20% | -3.37% | 4.35% | -0.39% | 0.79% | 10.41% |
Benchmark Metrics
Global X NASDAQ 100 Covered Call ETF has an annualized alpha of 0.07%, beta of 0.72, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since December 12, 2013.
- This ETF participated in 62.41% of S&P 500 Index downside but only 59.40% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.07%
- Beta
- 0.72
- R²
- 0.72
- Upside Capture
- 59.40%
- Downside Capture
- 62.41%
Expense Ratio
QYLD has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QYLD ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QYLD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.34 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 2.53 | +2.06 |
| Martin ratioReturn relative to average drawdown | 25.84 | 11.37 | +14.47 |
Dividends
Dividend History
Global X NASDAQ 100 Covered Call ETF provided a 11.48% dividend yield over the last twelve months, with an annual payout of $2.08 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.08 | $2.04 | $2.28 | $2.04 | $2.19 | $2.85 | $2.54 | $2.32 | $2.65 | $1.89 | $2.04 | $2.20 |
Dividend yield | 11.48% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X NASDAQ 100 Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.18 | $0.18 | $0.17 | $0.18 | $0.18 | $0.00 | $0.88 | ||||||
| 2025 | $0.19 | $0.17 | $0.17 | $0.16 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $2.04 |
| 2024 | $0.18 | $0.18 | $0.18 | $0.17 | $0.16 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.34 | $2.28 |
| 2023 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.16 | $0.17 | $2.04 |
| 2022 | $0.20 | $0.20 | $0.21 | $0.21 | $0.18 | $0.17 | $0.18 | $0.18 | $0.17 | $0.16 | $0.16 | $0.16 | $2.19 |
| 2021 | $0.23 | $0.23 | $0.22 | $0.23 | $0.22 | $0.19 | $0.22 | $0.19 | $0.19 | $0.20 | $0.22 | $0.50 | $2.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X NASDAQ 100 Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X NASDAQ 100 Covered Call ETF was 24.75%, occurring on Mar 16, 2020. Recovery took 164 trading sessions.
The current Global X NASDAQ 100 Covered Call ETF drawdown is 0.28%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -24.75%Mar 2020 | 24d | 7mo 24d | 8mo 18dFeb 2020 - Nov 2020 |
Bear market2022 | -24.61%Oct 2022 | 10mo 9d | 1y 3mo | 2y 1moDec 2021 - Jan 2024 |
2025 selloff2025 | -19.06%Apr 2025 | 1mo 16d | 6mo 15d | 8mo 1dFeb 2025 - Oct 2025 |
Rate-hike selloffLate 2018 | -19.02%Dec 2018 | 2mo 21d | 6mo 18d | 9mo 9dOct 2018 - Jul 2019 |
2016 correction2016 | -11.25%Feb 2016 | 1mo 10d | 7mo 10d | 8mo 20dDec 2015 - Sep 2016 |
Drawdown Indicators
| QYLD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.75% | -56.78% | +32.03% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -9.10% | +4.13% |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | -18.90% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.61% | -25.43% | +0.82% |
Max Drawdown (10Y)Largest decline over 10 years | -24.75% | -33.92% | +9.17% |
Current DrawdownCurrent decline from peak | -0.28% | -2.34% | +2.06% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -10.72% | +6.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | 2.02% | -1.14% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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