QYLGGlobal X Nasdaq 100 Covered Call & Growth ETF

Get income6y track recordRanked #592 of 1,706 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Cboe Nasdaq-100 Half BuyWrite V2 Index.

By Global X Funds · Launched 2020

Annual Cost

0.35%

#1,699 of 6,040 · low cost

Fund Size

$171M

#2,595 of 6,040 · mid-size

Return (1Y)

+22.7%

Track Record

6 years

#2,161 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,285+22.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Cboe Nasdaq-100 Half BuyWrite V2 Index

Holdings

By weight

Concentration

Top 10 holdings = 47.4% of fundmoderately concentrated

NVIDIA CORPORATION

8.7%

APPLE INC.

7.1%

MICROSOFT CORPORATION

5.4%

AMAZON.COM, INC.

5.1%

ALPHABET INC.

4.0%

ALPHABET INC.

3.7%

BROADCOM INC.

3.5%

TESLA, INC.

3.4%

META PLATFORMS, INC.

3.2%

WALMART INC.

3.2%

Asset allocation

Stocks

99.9%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.0%Moderate

Year-on-year price swings

Max drawdown

-30.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.97Decent risk-adjusted returns

Sortino (3Y)

1.42Good downside protection

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Cboe Nasdaq-100 Half BuyWrite V2 Index.
Strategy: Invests at least 80% in securities of the Cboe Nasdaq-100 Half BuyWrite V2 Index, employing a buy-write strategy that generates income from covered call options while allowing for some upside exposure to the underlying stocks. Concentrated in the information technology sector, focusing on the largest non-financial companies listed on NASDAQ.
Inception date: September 18, 2020
Fund family: Global X Funds