Global X Nasdaq 100 Covered Call & Growth ETFQYLG
QYLG
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3% less funds holding
Funds holding: 33 [Q2] → 32 (-1) [Q3]
5.81% less ownership
Funds ownership: 24.41% [Q2] → 18.6% (-5.81%) [Q3]
28% less capital invested
Capital invested by funds: $26.8M [Q2] → $19.4M (-$7.43M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for QYLG.
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
QYLG: A Much More Resilient Alternative To QYLD
Global X Nasdaq 100 Covered Call & Growth ETF's strategic 50% covered call approach balances income generation and capital appreciation. The fund's concentration in tech stocks makes it vulnerable in bear markets but allows for potential gains during bull markets. QYLG offers a dividend yield averaging 5%-7%, with favorable tax treatment due to a high return of capital component.
Positive
Zacks Investment Research
1 month ago
Covered Call ETF (QYLG) Hits New 52-Week High
For investors seeking momentum, Global X Nasdaq 100 Covered Call & Growth ETF QYLG is probably on the radar. The fund just hit a 52-week high and has moved up 21.3% from its 52-week low of $28.12 per share.
Positive
Seeking Alpha
2 months ago
QYLG: Capturing Income And Riding The Nasdaq Wave
QYLG offers monthly income via a covered call strategy on 50% of its Nasdaq 100 portfolio, balancing yield and limited capital appreciation. The ETF's strategy caps upside potential, making it suitable for income-focused investors but less ideal for long-term capital growth. Alternatives like QYLD, JEPQ, and QQQI provide higher yields but lower overall total returns.
Positive
Seeking Alpha
4 months ago
QYLG: Better Nasdaq 100 Buy/Write Funds Exist
QYLG sells at-the-money call options on 50% of its portfolio, balancing capital appreciation and income, unlike QYLD, which erodes principal over time. The fund has performed as expected and provided a middle ground to capture both capital appreciation and income. Despite QYLG's performance, it is not recommended for long-term investors due to its inability to adapt to market conditions.
Positive
Seeking Alpha
6 months ago
GPIQ: So Far So Good In This New Fund
Goldman Sachs Nasdaq-100 Core Premium Income ETF is a top-performing covered call fund focused on the Nasdaq index.
Positive
Seeking Alpha
7 months ago
QYLG: A Buy-Write ETF Keeping Some Growth Potential
Global X Nasdaq 100 Covered Call & Growth ETF implements a 50% buy-write strategy on the Nasdaq 100. Its objective is to generate income while keeping more growth potential than a 100% buy-write ETF like QYLD. QYLG has performed quite well compared to its peers over the last 2 years, although it is lagging a bit behind JEPQ.
Positive
Seeking Alpha
10 months ago
QYLG: A Good Transition Away From Straight Nasdaq With Some Downside Benefits
The Global X Nasdaq 100 Covered Call & Growth ETF combines covered calls with capital growth potential. QYLG aims to generate income through selling call options while maintaining exposure to the Nasdaq 100 Index's growth prospects. QYLG offers a balance between income generation and capital appreciation, appealing to investors seeking a middle ground between high-yield and growth-focused funds.
Neutral
Seeking Alpha
1 year ago
Nonstop Nasdaq
The mega-cap Tech-heavy Nasdaq 100 is up nearly 1% today as of this writing, which leaves it up 4.5% already in 2024. The Nasdaq 100 is now up 64% during its current bull market that began on 12/28/22.
Positive
Seeking Alpha
1 year ago
QYLG: The Better Cousin Of QYLD
Global X Nasdaq 100 Covered Call & Growth ETF writes covered calls on 50% of its holdings, offering better returns and participation in upside compared to its sister QYLD. QYLG offers less protection in bear markets compared to QYLD, resulting in lower total returns during market downturns. QYLG's NAV has shown no decay and its dividends have remained stable, making it a potentially attractive option for long-term investors.
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