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Global X NASDAQ 100 Covered Call ETF (QYLD)

ETF · Currency in USD · Last updated Sep 28, 2023

Global X NASDAQ-100 Covered Call ETF (QYLD) is a financial product that aims to track the investment results of the CBOE NASDAQ-100 Buy Write V2 Index. This index measures the performance of a covered call strategy on the NASDAQ-100 Index, which is a stock market index that consists of the 100 largest non-financial companies listed on the NASDAQ stock exchange. The ETF is passively managed, which means it seeks to replicate the performance of the underlying index rather than actively selecting individual securities. It was launched on December 12, 2013, and has an annual expense ratio of 0.60%.

Summary

ETF Info

ISINUS37954Y4834
CUSIP37954Y483
IssuerGlobal X
Inception DateDec 12, 2013
RegionNorth America (U.S.)
CategoryLarge Cap Growth Equities
Index TrackedCBOE NASDAQ-100 Buy Write V2
ETF Home Pagewww.globalxetfs.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

The Global X NASDAQ 100 Covered Call ETF has a high expense ratio of 0.60%, indicating higher-than-average management fees.


0.60%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Global X NASDAQ 100 Covered Call ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%AprilMayJuneJulyAugustSeptember
3.43%
5.52%
QYLD (Global X NASDAQ 100 Covered Call ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with QYLD

Global X NASDAQ 100 Covered Call ETF

Popular comparisons: QYLD vs. JEPI, QYLD vs. QQQ, QYLD vs. JEPQ, QYLD vs. QQQX, QYLD vs. XYLD, QYLD vs. QYLG, QYLD vs. RYLD, QYLD vs. SCHD, QYLD vs. SPY, QYLD vs. NUSI

Return

Global X NASDAQ 100 Covered Call ETF had a return of 14.46% year-to-date (YTD) and 17.88% in the last 12 months. Over the past 10 years, Global X NASDAQ 100 Covered Call ETF had an annualized return of 6.61%, while the S&P 500 had an annualized return of 9.70%, indicating that Global X NASDAQ 100 Covered Call ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-3.18%-3.58%
6 months3.74%6.12%
Year-To-Date14.46%11.33%
1 year17.88%17.20%
5 years (annualized)3.47%7.99%
10 years (annualized)6.61%9.70%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.86%5.63%1.83%3.01%1.65%2.60%-2.13%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Covered Call ETF (QYLD) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
QYLD
Global X NASDAQ 100 Covered Call ETF
1.45
^GSPC
S&P 500
0.98

Sharpe Ratio

The current Global X NASDAQ 100 Covered Call ETF Sharpe ratio is 1.45. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50AprilMayJuneJulyAugustSeptember
1.45
0.98
QYLD (Global X NASDAQ 100 Covered Call ETF)
Benchmark (^GSPC)

Dividend History

Global X NASDAQ 100 Covered Call ETF granted a 12.20% dividend yield in the last twelve months. The annual payout for that period amounted to $2.03 per share.


PeriodTTM202220212020201920182017201620152014
Dividend$2.03$2.11$2.85$2.54$2.32$2.65$1.89$2.04$2.20$2.58

Dividend yield

12.20%14.51%15.80%15.58%15.45%21.64%14.92%19.21%21.71%27.22%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.17$0.17$0.17$0.17$0.17$0.18$0.18$0.17
2022$0.19$0.19$0.20$0.20$0.17$0.17$0.17$0.17$0.16$0.16$0.16$0.16
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
2020$0.20$0.24$0.18$0.20$0.20$0.21$0.21$0.22$0.21$0.22$0.22$0.23
2019$0.22$0.19$0.20$0.18$0.21$0.22$0.17$0.23$0.18$0.18$0.20$0.17
2018$0.25$0.25$0.25$0.23$0.22$0.20$0.18$0.23$0.20$0.25$0.23$0.17
2017$0.13$0.10$0.12$0.14$0.13$0.22$0.16$0.20$0.15$0.15$0.13$0.25
2016$0.21$0.22$0.16$0.16$0.17$0.20$0.14$0.13$0.19$0.15$0.16$0.15
2015$0.23$0.15$0.16$0.15$0.17$0.15$0.15$0.20$0.22$0.21$0.18$0.21
2014$0.26$0.19$0.19$0.26$0.24$0.21$0.21$0.22$0.19$0.24$0.20$0.14

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%AprilMayJuneJulyAugustSeptember
-8.41%
-10.88%
QYLD (Global X NASDAQ 100 Covered Call ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Global X NASDAQ 100 Covered Call ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X NASDAQ 100 Covered Call ETF is 24.89%, recorded on Oct 14, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.89%Dec 9, 2021214Oct 14, 2022
-24.75%Feb 21, 202017Mar 16, 2020164Nov 5, 2020181
-19.02%Oct 4, 201856Dec 24, 2018135Jul 10, 2019191
-11.25%Dec 30, 201527Feb 8, 2016153Sep 15, 2016180
-10.99%Jul 21, 201526Aug 25, 201542Oct 23, 201568

Volatility Chart

The current Global X NASDAQ 100 Covered Call ETF volatility is 2.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
2.55%
3.12%
QYLD (Global X NASDAQ 100 Covered Call ETF)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
QQQMar 10, 19990.20%33.9%17.3%0.6%-83.0%1.32.01.22.73.9%
QQQX12.6%10.5%8.0%-57.3%0.61.01.11.05.1%