QYLD

Nasdaq 100 Covered Call ETF

Reasons to Consider QYLD

High Income Potential

QYLD seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility.¹

Monthly Distributions

QYLD has made monthly distributions 11 years running.

Efficient Options Execution

QYLD writes call options on the Nasdaq-100 Index, saving investors the time and potential expense of doing so individually.

¹Covered call writing can limit the upside potential of the underlying security

Key Information As of 05/05/25

Inception Date	12/11/13
Total Expense Ratio	0.60%
Net Assets	$8.28 billion
NAV	$16.37
Fact Sheet	View the document

ETF Summary

The Global X Nasdaq 100 Covered Call ETF (QYLD) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Nasdaq 100 Index and “writes” or “sells” corresponding call options on the same index.

ETF Objective

The Global X Nasdaq 100 Covered Call ETF (QYLD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 BuyWrite V2 Index.

Trading Details As of 05/05/25

Ticker	QYLD
Bloomberg Index Ticker	BXNT
CUSIP	37954Y483
ISIN	US37954Y4834
Primary Exchange	Nasdaq
Shares Outstanding	505,740,000
Number of Holdings	102
30-Day Median Bid-Ask Spread	0.06%

Distributions As of 05/05/25

30-Day SEC Yield	0.33%
Trailing 12-Month Distribution (%) ¹	14.35%
Distribution Rate ²	11.49%
Distribution Frequency	Monthly

¹The distribution as a percentage an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The Trailing 12-Month Distribution (%) is calculated by summing any income, capital gains and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the same period. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

²The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

ETF Prices As of 05/05/25

NAV	$16.37	Daily Change	-$0.01	-0.06%
Market Price	$16.37	Daily Change	$0.00	0.00%

As of recent (03/31/25) As of recent (03/31/25)	Fund NAV	Market Price	Index
1 Year	5.29%	5.35%	7.05%
3 Years	4.65%	4.57%	5.70%
5 Years	9.86%	9.75%	10.73%
10 Years	7.88%	7.86%	8.95%
Since Inception	7.48%	7.47%	8.45%
1 Year	6.56%	6.24%	8.27%
3 Years	6.87%	6.70%	7.93%
5 Years	8.46%	8.39%	9.34%
10 Years	7.62%	7.60%	8.68%
Since Inception	7.35%	7.32%	8.31%
Year-to-Date	-5.98%	-6.03%	-4.78%
1 Month	-6.32%	-6.37%	-6.27%
3 Months	-5.98%	-6.03%	-4.78%
Since Inception	126.21%	125.86%	150.36%
Year-to-Date	-6.78%	-6.95%	-5.61%
1 Month	-0.86%	-0.98%	-0.87%
3 Months	-9.02%	-9.14%	-8.93%
Since Inception	124.26%	123.64%	148.18%

The Fund’s investment objective and investment strategies changed effective October 15, 2015. Index performance (noted as "Index" above in the chart) reflects the performance of the Cboe NASDAQ-100 BuyWrite Index through October 14, 2015 and the Cboe NASDAQ-100 BuyWrite V2 Index thereafter. The Fund was also re-organized effective December 24, 2018. Fund returns (NAV & Closing Price) presented above reflect the performance of the predecessor Fund through December 21, 2018.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Nasdaq 100 Price

19,967.94

Upside Cap Details

Option Positions	Notional Exposure	Strike	Upside Before Cap	Expiration Date	Calendar Days to Expiry
Short NASDAQ Call Option	-$9,077,426,160	18200	0.00%	05/16/2025	11

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
9.69	MSFT	MICROSOFT CORP	2588173	436.17	1,838,858	802,054,693.86
8.93	AAPL	APPLE INC	2046251	198.89	3,715,866	739,048,588.74
8.30	NVDA	NVIDIA CORP	2379504	113.82	6,035,645	686,977,113.90
5.90	AMZN	AMAZON.COM INC	2000019	186.35	2,621,518	488,519,879.30
4.65	AVGO	BROADCOM INC	BDZ78H9	200.72	1,917,687	384,918,134.64
3.92	META	META PLATFORMS INC	B7TL820	599.27	541,737	324,646,731.99
3.57	NFLX	NETFLIX INC	2857817	1,134.06	260,307	295,203,756.42
3.31	COST	COSTCO WHOLESALE CORP	2701271	1,014.89	270,107	274,128,893.23
3.04	TSLA	TESLA INC	B616C79	280.26	899,109	251,984,288.34
2.86	GOOGL	ALPHABET INC-CL A	BYVY8G0	164.21	1,442,931	236,943,699.51
2.73	GOOG	ALPHABET INC-CL C	BYY88Y7	166.05	1,359,774	225,790,472.70
2.08	TMUS	T-MOBILE US INC	B94Q9V0	248.30	694,874	172,537,214.20
2.05	PLTR	PALANTIR TECHN-A	BN78DQ4	123.77	1,368,658	169,398,800.66
1.74	CSCO	CISCO SYSTEMS INC	2198163	59.32	2,421,123	143,621,016.36
1.57	LIN	LINDE PLC	BNZHB81	452.49	287,841	130,245,174.09
1.39	ISRG	INTUITIVE SURGICAL INC	2871301	531.82	217,019	115,415,044.58
1.33	PEP	PEPSICO INC	2681511	131.99	834,726	110,175,484.74
1.30	INTU	INTUIT INC	2459020	632.18	170,092	107,528,760.56
1.25	BKNG	BOOKING HOLDINGS INC	BDRXDB4	5,191.12	19,924	103,427,874.88
1.22	ADBE	ADOBE INC	2008154	381.06	264,642	100,844,480.52
1.20	AMD	ADVANCED MICRO DEVICES	2007849	100.59	986,249	99,206,786.91
1.13	QCOM	QUALCOMM INC	2714923	139.44	673,052	93,850,370.88
1.11	AMGN	AMGEN INC	2023607	280.06	326,877	91,545,172.62
1.09	TXN	TEXAS INSTRUMENTS INC	2885409	162.42	554,016	89,983,278.72
1.02	HON	HONEYWELL INTL	2020459	214.25	395,549	84,746,373.25
0.96	CMCSA	COMCAST CORP-CLASS A	2044545	34.45	2,295,260	79,071,707.00
0.94	VRTX	VERTEX PHARM	2931034	500.19	156,266	78,162,690.54
0.94	GILD	GILEAD SCIENCES INC	2369174	102.81	757,894	77,919,082.14
0.92	AMAT	APPLIED MATERIALS INC	2046552	154.61	494,462	76,448,769.82
0.92	PANW	PALO ALTO NETWORKS INC	B87ZMX0	188.13	402,944	75,805,854.72
0.91	ADP	AUTOMATIC DATA PROCESSING	2065308	303.96	247,626	75,268,398.96
0.84	MELI	MERCADOLIBRE INC	B23X1H3	2,246.54	30,900	69,418,086.00
0.76	CRWD	CROWDSTRIKE HO-A	BJJP138	443.47	142,339	63,123,076.33
0.72	ADI	ANALOG DEVICES INC	2032067	197.72	301,845	59,680,793.40
0.70	LRCX	LAM RESEARCH CORP	BSML4N7	73.91	781,157	57,735,313.87
0.69	APP	APPLOVIN CORP-CLASS A	BMV3LG4	301.84	188,248	56,820,776.32
0.68	SBUX	STARBUCKS CORP	2842255	81.66	691,325	56,453,599.50
0.68	KLAC	KLA CORP	2480138	693.29	80,920	56,101,026.80
0.68	MSTR	MICROSTRATEGY INC-CL A	2974329	386.53	144,683	55,924,319.99
0.66	MU	MICRON TECHNOLOGY INC	2588184	80.42	678,014	54,525,885.88
0.65	INTC	INTEL CORP	2463247	20.27	2,635,137	53,414,226.99
0.65	MDLZ	MONDELEZ INTER-A	B8CKK03	67.80	787,265	53,376,567.00
0.63	CTAS	CINTAS CORP	2197137	211.82	245,606	52,024,262.92
0.62	CDNS	CADENCE DESIGN SYS INC	2302232	308.83	166,781	51,506,976.23
0.61	FTNT	FORTINET INC	B5B2106	108.69	467,952	50,861,702.88
0.60	DASH	DOORDASH INC - A	BN13P03	205.40	240,106	49,317,772.40
0.59	ORLY	O'REILLY AUTOMOTIVE INC	B65LWX6	1,387.14	34,892	48,400,088.88
0.57	CEG	CONSTELLATION ENERGY	BMH4FS1	248.27	190,420	47,275,573.40
0.54	PDD	PDD HOLDINGS INC	BYVW0F7	110.85	406,483	45,058,640.55
0.54	SNPS	SYNOPSYS INC	2867719	477.41	94,115	44,931,442.15
0.50	MAR	MARRIOTT INTL-A	2210614	247.27	167,745	41,478,306.15
0.50	PYPL	PAYPAL HOLDINGS INC	BYW36M8	68.54	602,044	41,264,095.76
0.48	REGN	REGENERON PHARMACEUTICALS	2730190	603.58	65,392	39,469,303.36
0.45	ASML	ASML HOLDING-NY	B908F01	683.36	54,954	37,553,365.44
0.45	ROP	ROPER TECHNOLOGIES INC	2749602	571.13	65,318	37,305,069.34
0.44	ADSK	AUTODESK INC	2065159	280.07	130,894	36,659,482.58
0.44	MNST	MONSTER BEVERAGE CORP	BZ07BW4	60.91	592,279	36,075,713.89
0.43	CPRT	COPART INC	2208073	61.05	587,989	35,896,728.45
0.42	AEP	AMERICAN ELECTRIC POWER	2026242	107.44	324,452	34,859,122.88
0.41	CHTR	CHARTER COMMUN-A	BZ6VT82	394.24	86,421	34,070,615.04
0.40	ABNB	AIRBNB INC-CLASS A	BMGYYH4	124.89	263,415	32,897,899.35
0.40	CSX	CSX CORP	2160753	28.47	1,153,049	32,827,305.03
0.40	PAYX	PAYCHEX INC	2674458	149.45	219,087	32,742,552.15
0.39	MRVL	MARVELL TECHNOLOGY INC	BNKJSM5	61.98	526,555	32,635,878.90
0.39	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	248.34	130,287	32,355,473.58
0.35	AXON	AXON ENTERPRISE INC	BDT5S35	621.40	46,641	28,982,717.40
0.35	FAST	FASTENAL CO	2332262	82.42	349,002	28,764,744.84
0.35	PCAR	PACCAR INC	2665861	89.45	319,347	28,565,589.15
0.35	NXPI	NXP SEMICONDUCTORS NV	B505PN7	184.95	154,342	28,545,552.90
0.34	KDP	KEURIG DR PEPPER INC	BD3W133	34.45	825,652	28,443,711.40
0.34	ROST	ROSS STORES INC	2746711	141.47	200,792	28,406,044.24
0.34	EXC	EXELON CORP	2670519	46.00	611,743	28,140,178.00
0.31	AZN	ASTRAZENECA PLC-SPONS ADR	2989044	72.09	354,377	25,547,037.93
0.31	CCEP	COCA-COLA EUROPA	BYQQ3P5	89.86	280,576	25,212,559.36
0.30	VRSK	VERISK ANALYTICS INC	B4P9W92	294.75	85,406	25,173,418.50
0.30	XEL	XCEL ENERGY INC	2614807	70.89	349,671	24,788,177.19
0.30	EA	ELECTRONIC ARTS INC	2310194	154.74	158,590	24,540,216.60
0.29	TTWO	TAKE-TWO INTERAC	2122117	225.32	107,397	24,198,692.04
0.28	IDXX	IDEXX LABORATORIES INC	2459202	475.07	49,497	23,514,539.79
0.28	CTSH	COGNIZANT TECH-A	2257019	77.91	301,019	23,452,390.29
0.28	FANG	DIAMONDBACK ENERGY INC	B7Y8YR3	133.08	176,090	23,434,057.20
0.27	BKR	BAKER HUGHES CO	BDHLTQ5	36.52	602,572	22,005,929.44
0.26	ZS	ZSCALER INC	BZ00V34	232.98	93,398	21,759,866.04
0.25	KHC	KRAFT HEINZ CO/THE	BYRY499	28.59	727,201	20,790,676.59
0.25	TEAM	ATLASSIAN CORP-CL A	BQ1PC76	207.78	99,806	20,737,690.68
0.25	DDOG	DATADOG INC - CLASS A	BKT9Y49	105.70	193,098	20,410,458.60
0.24	ODFL	OLD DOMINION FREIGHT LINE	2656423	156.23	129,403	20,216,630.69
0.24	LULU	LULULEMON ATHLETICA INC	B23FN39	278.55	70,719	19,698,777.45
0.23	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	69.37	278,362	19,309,971.94
0.23	CSGP	COSTAR GROUP INC	2262864	77.10	249,602	19,244,314.20
0.23	DXCM	DEXCOM INC	B0796X4	80.27	237,851	19,092,299.77
0.21	ANSS	ANSYS INC	2045623	324.89	53,337	17,328,657.93
0.19	MCHP	MICROCHIP TECHNOLOGY INC	2592174	47.78	327,250	15,636,005.00
0.19	TTD	TRADE DESK INC-A	BD8FDD1	55.50	275,284	15,278,262.00
0.16	CDW	CDW CORP/DE	BBM5MD6	165.75	78,163	12,955,517.25
0.15	WBD	WARNER BROS DISCOVERY INC	BM8JYX3	8.37	1,493,974	12,504,562.38
0.15	GFS	GLOBALFOUNDRIES INC	BMW7F63	35.88	336,376	12,069,170.88
0.13	BIIB	BIOGEN INC	2455965	121.80	89,109	10,853,476.20
0.12	ARM	ARM HOLDINGS PLC-ADR	BNSP5P7	121.95	79,724	9,722,341.80
0.11	ON	ON SEMICONDUCTOR	2583576	38.41	246,581	9,471,176.21
0.11		CASH		1.00	9,015,929	9,015,929.47
0.09	MDB	MONGODB INC	BF2FJ99	172.96	43,044	7,444,890.24
-0.04		OTHER PAYABLE & RECEIVABLES		1.00	-3,163,776	-3,163,775.99
-9.95		NDX US 05/16/25 C18200		181,165.00	-4,546	-823,576,090.00

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/05/25

Return on Equity	24.60%
Weighted Avg. Market Cap	1,214,090 M
	2024	2025
Price-to-earnings	30.31	25.58
Price-to-book value	7.00	5.70

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 04/30/25

Versus	Beta
S&P 500	0.60
NASDAQ-100	0.53
MSCI EAFE	0.44
MSCI Emg. Mkts	0.34
Standard Deviation	12.40%

Source: new windowAltaVista Research, LLC

ETF Research

ETF Documents

Latest Premium / Discount As of 05/05/25

NAV	$16.37
Market Price	$16.37
Premium / (Discount)	$0.00

Current View 2025 Q2 As of 05/05/25

Days at Premium	12
Days at NAV	0
Days at Discount	12
Greatest Premium	0.17%
Greatest Discount	-0.11%

Daily Premium / Discount History As of 05/05/25

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject QYLD to loss due to adverse occurrences that may affect that industry or sector. Investors in QYLD should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

QYLD engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. QYLD writes covered call index options on the Nasdaq 100 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price. QYLD is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Nasdaq or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.