QYLD - ETF AI Analysis

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Global X NASDAQ 100 Covered Call ETF (QYLD)

Rating:79Outperform

Price Target:

$20.00

The Global X NASDAQ 100 Covered Call ETF (QYLD) benefits from strong contributions by holdings like Microsoft and Nvidia, which are leaders in AI and cloud services, driving robust financial performance and growth prospects. However, weaker holdings such as Tesla, with high valuation risks and regulatory challenges, slightly temper the fund's overall rating. A key risk factor for QYLD is its concentration in tech-heavy stocks, which could lead to volatility during sector downturns.

Positive Factors

Strong Top Holdings

Several of the ETF's largest positions, like Nvidia and Broadcom, have delivered strong year-to-date performance, supporting overall returns.

Sector Diversification

The ETF includes exposure to multiple sectors, such as Technology, Communication Services, and Consumer Cyclical, reducing reliance on a single industry.

High Assets Under Management

The fund has significant assets under management, indicating strong investor interest and stability.

Negative Factors

High Technology Concentration

Over 56% of the portfolio is allocated to Technology, making the fund vulnerable to downturns in this sector.

Negative Year-to-Date Performance

The ETF has experienced a decline in year-to-date performance, which may concern investors seeking growth.

Limited Geographic Exposure

The fund is heavily focused on U.S. companies, offering minimal exposure to international markets.

QYLD vs. SPDR S&P 500 ETF (SPY)

AUM7.94B

RegionNorth America

Expense Ratio0.61%

Beta0.73

IssuerGlobal X

Inception DateDec 12, 2013

Dividend Yield12.75%

Asset ClassEquity

Index TrackedCboe NASDAQ-100 BuyWrite V2 Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume7,565,394

30 Day Avg. Volume6,527,700

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

20.84

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering103

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QYLD Summary

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an investment fund that tracks the NASDAQ-100 Index, which includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange. It focuses heavily on technology companies like Nvidia and Microsoft, and uses a covered call strategy to generate income for investors. This ETF might appeal to someone looking for a mix of growth potential from large-cap tech stocks and steady income from its options strategy. However, new investors should know that QYLD’s performance can be affected by fluctuations in the tech-heavy NASDAQ-100, making it sensitive to market ups and downs.

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

The Global X NASDAQ 100 Covered Call ETF (QYLD) leans heavily into tech, with Nvidia and Microsoft leading the charge thanks to their strong momentum in AI and cloud services. Broadcom adds a spark with its focus on AI semiconductors, while Apple’s steady performance provides stability despite valuation concerns. On the flip side, Amazon and Meta have been lagging, with mixed technical trends and challenges in margins and expenses holding them back. With over half of its holdings in technology, this fund is riding the wave of innovation but remains exposed to sector-specific risks.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	10.01%	$794.07M	$4.53T	23.36%	76 Outperform
AAPL	Apple	8.76%	$695.02M	$3.95T	17.15%	80 Outperform
MSFT	Microsoft	8.32%	$660.20M	$3.77T	18.19%	82 Outperform
AVGO	Broadcom	5.88%	$466.68M	$1.62T	105.93%	76 Outperform
AMZN	Amazon	5.48%	$434.86M	$2.49T	8.77%	76 Outperform
GOOGL	Alphabet Class A	3.66%	$290.45M	$3.44T	59.60%	80 Outperform
GOOG	Alphabet Class C	3.42%	$271.49M	$3.44T	58.68%	86 Outperform
TSLA	Tesla	3.29%	$260.97M	$1.36T	15.97%	73 Outperform
META	Meta Platforms	2.89%	$228.92M	$1.52T	6.52%	71 Outperform
NFLX	Netflix	2.55%	$201.92M	$467.33B	30.94%	69 Neutral

QYLD Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

17.07

Positive

100DMA

16.66

Positive

200DMA

16.21

Positive

Market Momentum

MACD

0.10

Positive

RSI

52.23

Neutral

STOCH

57.81

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLD, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 17.40, equal to the 50-day MA of 17.07, and equal to the 200-day MA of 16.21, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 57.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QYLD.

QYLD Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QYLD	―	―	$7.94B	0.61%	79 Outperform
DUHP	―	―	$9.98B	0.21%	73 Outperform
MGC	―	―	$9.00B	0.07%	76 Outperform
PRF	―	―	$8.28B	0.34%	72 Outperform
FTCS	―	―	$8.19B	0.52%	73 Outperform
SPLV	―	―	$7.37B	0.25%	70 Outperform

Performance Comparison

QYLD

Global X NASDAQ 100 Covered Call ETF

17.32

1.26

7.85%

DUHP

Dimensional US High Profitability ETF

―

MGC

Vanguard Mega Cap ETF

―

PRF

Invesco FTSE RAFI US 1000 ETF

―

FTCS

First Trust Capital Strength ETF

―

SPLV

Invesco S&P 500 Low Volatility ETF

―

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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