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

16.76

Mkt cap

8.8B

Volume

7.3M

High

16.99

P/E Ratio

30.85

52-wk high

18.89

Low

16.73

Div yield

0.13

52-wk low

15.91

The Global X NASDAQ 100 Covered Call ETF (QYLD) is criticized for underperforming the Nasdaq 100 index and newer ETFs like GPIQ and QDTE in terms of total returns and yield. Despite its stable nature and competitive distribution, it lacks the upside potential of its newer counterparts.

Portfolio Pulse from

February 16, 2025 | 6:30 am

The article compares QYLD and SPYI, highlighting a preference for QYLD due to its ability to generate high income net of fees and reduce portfolio correlation with the market, despite changes in implied volatility favoring SPYI.

Portfolio Pulse from

February 15, 2025 | 8:30 am

The article discusses the performance of a pair trade involving QYLD, a Global X covered call ETF, and Nasdaq 100 Futures. Despite limited profits, the strategy remains attractive due to high yields and reduced volatility risk. The author is not switching to QQCC, another covered call ETF.

Portfolio Pulse from

February 09, 2025 | 2:00 pm

The Global X NASDAQ 100 Covered Call ETF (QYLD) is upgraded to 'Buy' due to anticipated market volatility, which can increase option premiums but may reduce equity returns. This recommendation is for short-term tactical use.

Portfolio Pulse from

January 15, 2025 | 9:45 am

QYLD, a Global X ETF, offers high yields through a covered call strategy but limits upside potential, making it less appealing in bullish markets. Despite its large AUM, it faces competition and underperformance compared to newer ETFs like QQQI. Global X is advised to update its strategy.

Portfolio Pulse from

December 27, 2024 | 2:15 pm

The Global X Nasdaq 100 Covered Call ETF (QYLD) has reached a new 52-week high, showing a 17% increase from its 52-week low of $15.91 per share. This indicates strong momentum for the ETF.

Portfolio Pulse from

December 23, 2024 | 2:45 pm

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

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