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QYLD - ETF AI Analysis
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Global X NASDAQ 100 Covered Call ETF (QYLD)
Rating:76Outperform
Price Target:―
Positive Factors
Large, Established Holdings
The ETF’s biggest positions are in well-known, mega-cap companies, which can provide stability compared with smaller, less proven stocks.
Broad Sector Spread Within Growth Areas
Holdings are spread across technology, communication services, and consumer sectors, helping reduce the impact if any single industry weakens.
Significant Fund Size
The ETF manages a large pool of assets, which can support better liquidity and more efficient trading for investors.
Negative Factors
High Technology Concentration
Over half of the portfolio is in technology stocks, so a downturn in that sector could hurt the fund more than a more balanced ETF.
Weak Recent Performance
The fund’s returns have been slightly negative so far this year, reflecting pressure on several of its largest holdings.
Above-Average Expense Ratio
The ETF charges a relatively high fee for a passive, index-based strategy, which can slowly reduce investors’ net returns over time.
QYLD vs. SPDR S&P 500 ETF (SPY)
AUM8.38B
RegionNorth America
Expense Ratio0.61%
Beta0.71
IssuerGlobal X
Inception DateDec 12, 2013
Dividend Yield11.38%
Asset ClassEquity
Index TrackedCboe NASDAQ-100 BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,082,058
30 Day Avg. Volume6,186,532
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
21.70Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QYLD Summary
QYLD is the Global X NASDAQ 100 Covered Call ETF, which follows the Cboe NASDAQ-100 BuyWrite V2 Index. It invests in many of the biggest U.S. growth companies, especially in technology, such as Apple and Nvidia. The fund uses a covered call strategy, which aims to turn stock market ups and downs into more regular income payments, making it appealing to investors who want income plus exposure to major tech names. A key risk is that the ETF is heavily tied to the tech-focused NASDAQ-100 and can still go up and down with the market, and its income may limit upside in strong rallies.
How much will it cost me?The Global X NASDAQ 100 Covered Call ETF (QYLD) has an expense ratio of 0.61%, which means you’ll pay $6.10 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed covered call strategy, which requires more complex management compared to passively managed ETFs that simply track an index.
What would affect this ETF?QYLD's focus on large-cap tech-heavy companies like Nvidia, Microsoft, and Apple means it could benefit from continued innovation and growth in the technology sector, as well as strong consumer demand for tech products and services. However, its reliance on a covered call strategy may limit upside potential during strong market rallies, and the ETF could face challenges if interest rates rise or economic conditions weaken, which might negatively impact tech valuations. Regulatory changes targeting big tech or shifts in consumer behavior could also pose risks.
QYLD Top 10 Holdings
QYLD is essentially riding the NASDAQ 100 roller coaster, with a heavy tilt toward U.S. Big Tech and communication names. Nvidia, Apple, and Microsoft are big anchors in the portfolio, but all have been losing a bit of steam lately, which can cap upside even as the fund collects option income. Tesla and Meta are also lagging, adding to the drag. On the brighter side, Alphabet and Amazon have been rising, and Walmart’s steady climb offers a small but welcome defensive counterweight in this tech-heavy lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.04% | $757.76M | $4.65T | 54.44% | 76 Outperform | |
| Apple | 7.36% | $616.90M | $3.77T | 8.71% | 79 Outperform | |
| Microsoft | 6.95% | $582.75M | $3.58T | 4.46% | 79 Outperform | |
| Amazon | 5.05% | $423.58M | $2.60T | 3.02% | 71 Outperform | |
| Meta Platforms | 3.82% | $320.15M | $1.69T | 7.47% | 76 Outperform | |
| Alphabet Class A | 3.80% | $318.70M | $4.06T | 68.39% | 85 Outperform | |
| Tesla | 3.71% | $311.13M | $1.43T | 4.07% | 73 Outperform | |
| Alphabet Class C | 3.54% | $296.45M | $4.06T | 65.96% | 82 Outperform | |
| Broadcom | 3.06% | $256.50M | $1.58T | 53.36% | 76 Outperform | |
| Walmart | 3.06% | $256.39M | $929.08B | 19.02% | 78 Outperform |
QYLD Technical Analysis
Positive
―
Price Trends
17.39
Positive
16.96
Positive
16.18
Positive
Market Momentum
0.12
Negative
68.03
Neutral
74.55
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 17.69, equal to the 50-day MA of 17.39, and equal to the 200-day MA of 16.18, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 68.03 is Neutral, neither overbought nor oversold. The STOCH value of 74.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QYLD.
QYLD Peer Comparison
Comparison Results
Performance Comparison
QYLD
Global X NASDAQ 100 Covered Call ETF
17.85
1.46
8.91%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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QQQI
NEOS Nasdaq 100 High Income ETF
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FTCS
First Trust Capital Strength ETF
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RWL
Invesco S&P 500 Revenue ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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