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Global X Nasdaq 100 Covered Call & Growth ETF

QYLG

Market cap $175M

29.59 USD

-0.72

2.38%

At close Updated Oct 16, 4:00 PM EDT

Pre-market

After hours

29.59

0.00

0%

1 day

-2.38%

5 days

-3.77%

1 month

0.54%

3 months

0.65%

6 months

6.63%

Year to date

8.83%

1 year

0.44%

5 years

-8.56%

10 years

10.04%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 50%

Neutral 25%

Negative 25%

QYLG: 50% Uncapped Tech Exposure Meets A 36% Tax Drag

As a partial buy-write strategy using at-the-money (ATM) call options on 50% of its portfolio while leaving the remaining 50% uncapped, the Global X Nasdaq 100 Covered Call & Growth ETF's dual income and growth approach allows investors to participate in mega cap tech upside driven by enterprise AI CapEx without sacrificing monthly income. Unlike the 100% buy-write strategy like the Global X NASDAQ 100 Covered Call ETF, QYLG will capture 50% of the Nasdaq 100 index price return. Over the past year, QYLG gained a 23.81% total return with a 58% lower expense ratio than QYLD (0.35% vs. 0.60%). Over the past year, QYLG gained 23.81% in total return compared to QYLD's 23.02%.

QYLG: 50% Uncapped Tech Exposure Meets A 36% Tax Drag

QYLG Vs. QDVO: Market Fear Is Good For These Paychecks

The Amplify CWP Growth & Income ETF and the Global X Nasdaq 100 Covered Call & Growth ETF offer growth and income via partial covered call strategies. QDVO's active management and flexible option writing enable better upside capture and more consistent payouts compared to QYLG's rules-based, static approach. I maintain a buy rating on QDVO and a hold rating on QYLG, favoring QDVO's adaptability amid elevated volatility and macro uncertainty.

QYLG Vs. QDVO: Market Fear Is Good For These Paychecks

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The Nasdaq Just Had Its Worst Month of 2026 and These 3 ETFs Turn Selloffs Into Double-Digit Monthly Income

A rough stretch for the Nasdaq-100 in late July sent the VIX from the low teens to 20.66 on July 29, the index's biggest volatility jump since the March spike to 31.05.

The Nasdaq Just Had Its Worst Month of 2026 and These 3 ETFs Turn Selloffs Into Double-Digit Monthly Income

QYLG: A Covered Call ETF That Doesn't Need To Guess The Regime

Global X Nasdaq 100 Covered Call & Growth ETF offers predictable, regime-agnostic performance by maintaining a fixed 50% option coverage, minimizing execution risk. QYLG outperformed during consolidation and drawdown phases while capturing reasonable upside in rallies, unlike more active peers such as QQQI and GPIQ. I maintain a Buy rating on QYLG, favoring its reliability and moderate 11% distribution yield for rangebound or cooling markets, especially amid uncertain AI sector momentum.

QYLG: A Covered Call ETF That Doesn't Need To Guess The Regime

Market Brief: SPCX -6% On Index Day - Wall St Shouts Buy, Your Pension Fund Is Forced In

Wall St 19 analysts issued near-unanimous buy ratings, with targets as high as $800. Nasdaq even cut its 90-day index rule to 15 days, seemingly tailor-made for SPCX.

Market Brief: SPCX -6% On Index Day - Wall St Shouts Buy, Your Pension Fund Is Forced In

Covered Call ETFs: Boosting Your Dividend Income Strategy

A covered call ETF holds a basket of dividend-paying stocks while simultaneously selling call options on those same holdings. In return, you get paid a premium. That premium is extra income on top of your regular dividends. Covered call funds work best when stock prices are stable or rising slowly. If the stock price shoots up dramatically, your shares might get called away at the strike price. You miss out on that extra gain. That's the one caveat to covered call ETFs - you cap your upside.

Covered Call ETFs: Boosting Your Dividend Income Strategy

QYLG: Covered Calls On The NDX, But In Its Own Way

QYLG is a 100% passive ETF, created with the objective of generating income through the application of a Covered Call strategy written on 50% of the portfolio. It nevertheless maintains a competitive distribution, with a 12-month trailing distribution of 17.54%. The difference can be seen in total returns compared to its twin QYLD, which benefits less from the appreciation of the NDX.

QYLG: Covered Calls On The NDX, But In Its Own Way

QYLG: Gets The Job Done But Underperforms Peers (Rating Downgrade)

Global X NASDAQ 100 Covered Call ETF offers high monthly income and Nasdaq-100 exposure but underperforms peers in total return. QYLG's covered call strategy writes options on 50% of assets, capping upside but providing an 11.3% yield and stable distributions. Compared to QYLD, GPIQ, and QQQI, QYLG lags in total returns due to its less flexible, at-the-money option approach.

QYLG: Gets The Job Done But Underperforms Peers (Rating Downgrade)

QYLG: Buy-Write Nasdaq-100 Strategy With A High Return Of Capital

QYLG offers a high 25.21% yield via a covered call strategy on the Nasdaq-100, making it attractive for income-focused investors. The ETF is best suited for taxable accounts and estate planning due to its high return of capital distributions and cost basis reset benefit. QYLG underperforms the Nasdaq-100 over time because of capped growth from the buy-write strategy, so it's not ideal for growth seekers.

QYLG: Buy-Write Nasdaq-100 Strategy With A High Return Of Capital

31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds

Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.

31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds

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