Streetbeat News

QYLD

Global X NASDAQ 100 Covered Call ETF

http://www.globalxfunds.com/funds/qyld/

Industry

Asset Management - Global

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.

Open

18.37

Mkt cap

8.4B

Volume

3.8M

High

18.38

P/E Ratio

33.71

52-wk high

18.56

Low

18.34

Div yield

0.12

52-wk low

15.91

Wall Street experts predict a moderate performance for the S&P 500 in 2025 after two years of significant gains. Investors are advised to consider ETF strategies to navigate the expected market conditions.

Portfolio Pulse from

November 19, 2024 | 8:15 pm

Kevin Green suggests that a dull market day could empower the Nasdaq-100 Covered Call ETF (QYLD) to influence the NDX. This highlights QYLD's potential impact on the Nasdaq-100 index.

Portfolio Pulse from

November 14, 2024 | 3:30 pm

The article compares two ETFs, QYLD and SCHD, for retirement investment. QYLD offers a high yield but unreliable dividends, while SCHD provides consistent and growing dividends, making it a better option for retirees.

Portfolio Pulse from

November 13, 2024 | 7:30 pm

Amplify ETFs has launched the Amplify Bloomberg U.S. Treasury Target High Income ETF (BATS:TLTP), aiming for a 12% annual income target through a covered call strategy on U.S. Treasury assets. This ETF is designed to offer consistent returns with less volatility compared to the broader equities market. TLTP competes with the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD), offering a less volatile, bond-based alternative for income-focused investors.

Portfolio Pulse from Surbhi Jain

October 29, 2024 | 12:34 pm

The NEOS Nasdaq-100 High Income ETF (QQQI) aims to offer high monthly income and tax efficiency by replicating the Nasdaq-100 Index and using out-of-the-money covered call strategies. It's introduced by the same team behind the successful NEOS S&P 500 High Income ETF (SPYI), which outperformed other S&P 500 covered call ETFs in 2023. QQQI's strategy differs from the GlobalX Nasdaq 100 Covered Call ETF (QYLD) by aiming for higher income and potential share price appreciation. Early performance shows promising results with a higher distribution yield compared to QYLD.

Portfolio Pulse from Austin Hankwitz

March 15, 2024 | 7:32 pm

Jon Maier, investment chief at Global X, forecasts AI-related stocks, cloud computing, and cybersecurity to dominate in 2024. He recommends Global X ETFs like CLOU and BUG, as well as alternatives SKYY and IHAK. Small caps are also highlighted with ETFs VB and IJR suggested. Covered-call products XYLD and QYLD are recommended for range-bound markets. Emerging markets, especially India, are seen as potential growth areas. The SEC is monitoring companies for transparency in AI capabilities.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 3:14 am

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