QYLD — Global X NASDAQ 100 Covered Call ETF
Covered Call / Income Ranked #105 of 458 tracked ETFs · Issued by Global X Funds
QYLD Price Performance — Growth of $10,000
Value of a $10,000 investment in QYLD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
QYLD Drawdown
The "underwater" chart: QYLD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in QYLD?
See what a lump sum in QYLD would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Global X NASDAQ 100 Covered Call ETF is a covered call and income fund issued by Global X Funds, managing $8.48 billion in assets. It holds a B grade with a score of 71.5 out of 100, ranking third among 10 similar funds and 105th across all tracked ETFs. The fund charges an expense ratio of 0.6%, which matches the category median, while offering a dividend yield of 11.43% that also aligns with the sector average. Its portfolio is concentrated, with the top 10 holdings representing 47.2% of assets, led by an 8.2% position in NVIDIA CORPORATION.
The fund’s price of $18.66 sits at 98.8% of its 52-week range, reflecting strong momentum over the past year where it returned 23.05%. This one-year performance significantly outpaces the category median of 16.68%, though shorter-term returns show more modest gains, such as 2.72% over the last month. The upward trend is evident in the 15.48% year-to-date return and 57.05% three-year gain. The ETFValuer grade was recently upgraded from C to B on 2026-08-25, a shift supported by this return record despite the fund having only 3.0 years of available price history.
With a beta of 0.46, the fund exhibits lower sensitivity to market movements compared to the broader market. Annualized volatility is recorded at 11.21%, which is classified as low, contributing to a robust Sharpe ratio of 1.61. The maximum drawdown of -19.06% indicates the largest peak-to-trough decline experienced during the tracking period. High liquidity is supported by an average daily volume of 3,945,217 shares, facilitating easy entry and exit for investors.
AI-generated summary based on the data on this page.
QYLD Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | NVIDIA CORPORATION | 8.20% | $663M |
| 2 | APPLE INC. | 7.65% | $619M |
| 3 | MICROSOFT CORPORATION | 5.82% | $471M |
| 4 | AMAZON.COM, INC. | 4.93% | $399M |
| 5 | MICRON TECHNOLOGY, INC. | 4.32% | $350M |
| 6 | ADVANCED MICRO DEVICES, INC. | 3.62% | $293M |
| 7 | ALPHABET INC. | 3.50% | $283M |
| 8 | ALPHABET INC. | 3.28% | $266M |
| 9 | BROADCOM INC. | 3.11% | $252M |
| 10 | META PLATFORMS, INC. | 2.78% | $225M |
Holdings as of 2026-07-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 47.2% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how QYLD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With QYLD
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with QYLD's top 10 — QQQM overlaps most, holding 8 of the same companies as QYLD's top 10 (44.4% of QYLD's assets).
| ETF | Name | Shared Companies | QYLD Weight | Examples |
|---|---|---|---|---|
| QQQM | Invesco NASDAQ 100 ETF | 8 | 44.4% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| JEPQ | JPMorgan Nasdaq Equity Premium Income ETF | 8 | 44.1% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| VTI | Vanguard Morningstar Total Stock Market ETF | 8 | 43.6% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| VOO | Vanguard S&P 500 ETF | 8 | 43.6% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 8 | 43.6% | NVIDIA CORPORATION, APPLE INC., ALPHABET INC.… |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 5.28% (as of 2026-10-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 15.08 (as of 2026-10-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What QYLD's Fees Cost You
QYLD charges an expense ratio of 0.60% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
QYLD Dividend Income Estimator
QYLD currently yields 11.43%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
QYLD Liquidity, Domicile & Tax Treatment
Liquidity: Average daily volume is 3.9M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $8.48B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: QYLD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
QYLD Performance History
| Period | Return |
|---|---|
| 1-Day | -0.11% |
| 1-Week | +0.48% |
| 1-Month | +2.72% |
| 3-Month | +4.13% |
| 6-Month | +12.62% |
| YTD | +15.48% |
| 1-Year | +23.05% |
| 3-Year | +57.05% |
How QYLD Compares to Other Covered Call / Income ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #65 | B |
JEPQ | JPMorgan Nasdaq Equity Premium Income ETF | +19.46% | 0.35% | $44.3B |
| #100 | B |
GPIX | Goldman Sachs S&P 500 Premium Income ETF | +17.52% | 0.29% | $6.03B |
| #105 | B |
QYLD | Global X NASDAQ 100 Covered Call ETF | +23.05% | 0.6% | $8.48B |
| #109 | B |
XYLD | Global X S&P 500 Covered Call ETF | +18.23% | 0.6% | $3.38B |
| #139 | B |
SPYI | Neos S&P 500(R) High Income ETF | +15.84% | 0.68% | $12.2B |
| #179 | C |
JEPI | JPMorgan Equity Premium Income ETF | +7.92% | 0.35% | $45.3B |
| #193 | C |
QQQI | NEOS NASDAQ-100(R) High Income ETF | +18.44% | 0.68% | $14.9B |
| #224 | C |
RYLD | Global X Russell 2000 Covered Call ETF | +15.08% | 0.6% | $1.32B |
| #259 | C |
NUSI | NUSI | +12.59% | — | — |
| #390 | D |
TLTW | iShares 20+ Year Treasury Bond Buywrite Strategy ETF | -3.81% | 0.35% | $1.68B |