Global X NASDAQ-100 Covered Call ETF
QYLD

$18.07

0.28%

Market Cap: $8.09B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

97% more call options, than puts

Call options by funds: $2.89M | Put options by funds: $1.47M

55% more repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 109

46% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 35

11% more funds holding in top 10

Funds holding in top 10: 9 [Q1] → 10 (+1) [Q2]

4% more funds holding

Funds holding: 363 [Q1] → 379 (+16) [Q2]

1.82% less ownership

Funds ownership: 23.57% [Q1] → 21.74% (-1.82%) [Q2]

7% less capital invested

Capital invested by funds: $1.91B [Q1] → $1.78B (-$132M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for QYLD.

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Financial journalist opinion

Based on 3 articles about QYLD published over the past 30 days

2 Very Overrated And 2 Very Underrated Big Dividend Funds

High-yield funds offer retirees passive income, diversification, and reduced need for active management, allowing them to avoid selling stocks during market downturns. However, not all high-yield funds are created equal. We discuss two that we think should be avoided right now and two that are worth buying.

2 Very Overrated And 2 Very Underrated Big Dividend Funds

QYLD vs JEPQ: which is a better Nasdaq covered call ETF?

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and the Global X Nasdaq 100 Covered Call ETF (QYLD) ETFs are some of the most popular covered call funds in Wall Street. QYLD, launched in 2013, has attracted over $8 billion while JEPQ has almost $16 billion in assets under management.

QYLD vs JEPQ: which is a better Nasdaq covered call ETF?

QYLD Is Great For Income, But I Have Turned Neutral On This 11.63% Yielding ETF

QYLD is a strong income-generating ETF but has limited upside potential due to its covered call strategy, leading to a perpetual share price decline. I am now neutral on QYLD, preferring ETFs like QQQI and JEPQ that allow for some capital appreciation while generating income. Despite QYLD's price erosion, it has achieved its goal of consistent monthly distributions, producing 98.82% of its initial share price in income.

QYLD Is Great For Income, But I Have Turned Neutral On This 11.63% Yielding ETF

JEPI, JEPQ, XYLD, and QYLD ETFs have failed 2 key tests

Covered call ETFs have become highly popular among income-focused investors in the past few years, such that the industry now has over $80 billion in assets. The JPMorgan Equity Premium Income ETF (JEPI) leads the industry with over $33 billion.

JEPI, JEPQ, XYLD, and QYLD ETFs have failed 2 key tests

Zacks Investment Research

5 ETF Strategies to Follow Amid the Current Market Turmoil

A defensive investment minimizes risk and protects your portfolio during market downturns. It involves investing in stable, low-volatility stocks that have a history of consistent performance, even during economic downturns.

5 ETF Strategies to Follow Amid the Current Market Turmoil

15% Yield Remains Possible By Mixing QYLD With Futures - Hoping For Milder Stock Price Action

My Long QYLD / Short Nasdaq 100 Futures combination remains viable for enhanced income, but has delivered mediocre results over the past three months due to big stock price moves. Implied volatility increases the return potential of this strategy, but reduced contango in the futures curve will nullify some of that. Investors who remain bearish, or who don't foresee material stock market upside, may wish to consider this unique income combination strategy.

15% Yield Remains Possible By Mixing QYLD With Futures - Hoping For Milder Stock Price Action

QYLD: The Payouts Should Begin To Rise Significantly

This fund is well positioned to benefit from increasing volatility, and the VIX should rise significantly in the back half of the year for multiple reasons. QYLD ETF has an expense ratio of .61%, $8.8 billion in assets under management, and a trailing yield of 11.50%. The fund holds 51.58% in technology, 15.49% in communication, and monthly payouts are generated by selling at-the-money call options against the Nasdaq 100.

QYLD: The Payouts Should Begin To Rise Significantly

Zacks Investment Research

Time for Covered Call ETFs?

A covered call strategy saves investors from occasional selloffs to a large extent.

Time for Covered Call ETFs?

Zacks Investment Research

5 ETFs to Bet On Amid Tech-Driven Market Sell-Off

Volatility has risen in recent weeks amid the tech sell-off and upcoming elections. Investors should apply some hedging techniques to their equity portfolio to reduce the overall volatility or protect against significant market downturns.

5 ETFs to Bet On Amid Tech-Driven Market Sell-Off

Are covered call ETFs like QYLD, TSLY, and JEPI good for investors?

Income-focused investors have flocked to covered call Exchange Traded Funds (ETFs) that promise higher distributions while limiting potential downside. These funds also promise to benefit from the rally in the stock market.

Are covered call ETFs like QYLD, TSLY, and JEPI good for investors?

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