The Global X NASDAQ 100 Covered Call ETF (QYLD) is a distinctive investment vehicle designed to offer income-focused investors exposure to large-cap equities with a strategic twist. This ETF stands out in the Size and Style category by focusing on a Broad-based niche, specifically targeting the NASDAQ-100 Index, which comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. QYLD employs a covered call strategy, an options-based approach that seeks to enhance income by writing call options on the NASDAQ-100. This technique allows the fund to potentially generate higher yields compared to traditional equity investments while maintaining exposure to the growth potential of large-cap companies within the tech-heavy NASDAQ-100. By blending the allure of high-growth large-cap stocks with an income-generating options strategy, QYLD offers a unique proposition for investors seeking both growth and income in their portfolio.
Global X NASDAQ 100 Covered Call ETF (QYLD) Fund Flow Chart
Global X NASDAQ 100 Covered Call ETF (QYLD) 1 year Net Flows: $565M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.