QYLD - ETF AI Analysis
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Global X NASDAQ 100 Covered Call ETF (QYLD)
Rating:76Outperform
Price Target:―
Positive Factors
Strong Mega-Cap Tech Exposure
The fund’s largest positions include several well-known technology leaders that have shown strong or steady recent performance, which can support overall returns.
Broad Sector Diversification Within Growth Areas
Holdings spread across technology, communication services, consumer cyclical, and other sectors help reduce the impact if any single industry weakens.
Large Asset Base
The ETF manages a sizable pool of assets, which can support liquidity and trading efficiency for everyday investors.
Negative Factors
High Concentration in a Few Tech Names
A significant portion of the portfolio is tied up in a small group of large technology stocks, increasing the impact if any of these companies stumble.
Mixed Performance Among Top Holdings
Some of the biggest positions have shown weak or lagging recent performance, which has weighed on the fund’s year-to-date results.
Above-Average Expense Ratio
The fund’s fee level is relatively high for an ETF, which can eat into returns over time compared with lower-cost alternatives.
QYLD vs. SPDR S&P 500 ETF (SPY)
AUM8.31B
RegionNorth America
Expense Ratio0.60%
Beta0.70
IssuerGlobal X
Inception DateDec 12, 2013
Dividend Yield11.53%
Asset ClassEquity
Index TrackedCboe NASDAQ-100 BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,713,082
30 Day Avg. Volume10,461,848
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
20.85Price 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. It follows the Cboe NASDAQ-100 BuyWrite V2 Index, which is based on the NASDAQ-100, a group of many of the largest non‑financial U.S. companies, especially in technology. It owns big names like Apple and Nvidia, and then sells call options on the index to generate extra income. Someone might consider QYLD if they want regular income from a tech‑heavy group of large companies rather than pure growth. A key risk is that the fund can still go up and down with the stock market and may lag in strong tech 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 riding the NASDAQ 100’s tech wave, with Nvidia and Broadcom doing much of the heavy lifting as their AI-fueled stories keep pushing higher. Amazon and Alphabet are also in the driver’s seat, adding steady growth from e-commerce and digital ads. Apple looks more mixed, recovering recently but still feeling a bit tired over the year, while Microsoft’s and Tesla’s weaker stretches have been a mild drag. The fund is heavily tilted toward U.S. mega-cap tech and communication names, so its fortunes are closely tied to Big Tech’s mood swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.29% | $772.12M | $5.06T | 99.22% | 76 Outperform | |
| Apple | 7.30% | $607.11M | $3.98T | 27.35% | 79 Outperform | |
| Microsoft | 5.79% | $481.02M | $3.15T | 8.60% | 79 Outperform | |
| Amazon | 5.20% | $432.32M | $2.84T | 39.12% | 71 Outperform | |
| Alphabet Class A | 3.68% | $305.86M | $4.15T | 118.13% | 85 Outperform | |
| Broadcom | 3.68% | $305.74M | $2.00T | 117.28% | 76 Outperform | |
| Meta Platforms | 3.65% | $303.68M | $1.71T | 23.44% | 76 Outperform | |
| Tesla | 3.45% | $286.50M | $1.41T | 32.46% | 73 Outperform | |
| Alphabet Class C | 3.42% | $283.95M | $4.15T | 114.58% | 82 Outperform | |
| Walmart | 3.22% | $267.38M | $1.04T | 33.99% | 78 Outperform |
QYLD Technical Analysis
Positive
―
Price Trends
17.25
Positive
17.13
Positive
16.46
Positive
Market Momentum
0.19
Negative
69.85
Neutral
77.42
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 17.43, equal to the 50-day MA of 17.25, and equal to the 200-day MA of 16.46, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 69.85 is Neutral, neither overbought nor oversold. The STOCH value of 77.42 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
3.40
23.53%
PRF
Invesco FTSE RAFI US 1000 ETF
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MGC
Vanguard Mega Cap ETF
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SPYI
NEOS S&P 500 High Income ETF
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RWL
Invesco S&P 500 Revenue ETF
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FTCS
First Trust Capital Strength 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.
DisclaimerThis 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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