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QYLD - ETF AI Analysis
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Global X NASDAQ 100 Covered Call ETF (QYLD)
Rating:74Outperform
Price Target:―
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)
AUM8.01B
RegionNorth America
Expense Ratio0.61%
Beta0.72
IssuerGlobal X
Inception DateDec 12, 2013
Dividend Yield12.55%
Asset ClassEquity
Index TrackedCboe NASDAQ-100 BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,255,500
30 Day Avg. Volume6,592,821
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
20.70Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
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 the tech sector, with names like Nvidia and Apple driving its performance. Nvidia’s focus on AI and data centers has kept it steady despite recent market headwinds, while Apple’s rising momentum reflects strong revenue growth and services expansion. Alphabet’s robust gains, fueled by AI and cloud investments, add further shine to the fund. However, lagging performance from Microsoft and Meta, both facing valuation concerns and bearish trends, has held the ETF back. With its U.S.-centric, tech-heavy positioning, QYLD is a bet on innovation with a cautious income twist.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 10.15% | $812.59M | $4.51T | 36.94% | 76 Outperform | |
| Apple | 9.28% | $743.21M | $4.11T | 11.87% | 79 Outperform | |
| Microsoft | 8.22% | $657.81M | $3.65T | 10.98% | 79 Outperform | |
| Broadcom | 7.02% | $562.30M | $1.89T | 136.48% | 76 Outperform | |
| Amazon | 5.45% | $436.10M | $2.43T | 1.28% | 71 Outperform | |
| Alphabet Class A | 4.11% | $328.89M | $3.79T | 71.24% | 85 Outperform | |
| Alphabet Class C | 3.84% | $307.75M | $3.79T | 70.35% | 82 Outperform | |
| Tesla | 3.61% | $288.78M | $1.46T | 11.02% | 73 Outperform | |
| Meta Platforms | 3.25% | $260.59M | $1.68T | 6.08% | 76 Outperform | |
| Palantir Technologies | 2.29% | $183.02M | $432.57B | 156.51% | 74 Outperform |
QYLD Technical Analysis
Positive
―
Price Trends
17.14
Positive
16.70
Positive
16.09
Positive
Market Momentum
0.12
Negative
66.31
Neutral
97.78
Negative
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 17.35, equal to the 50-day MA of 17.14, and equal to the 200-day MA of 16.09, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 66.31 is Neutral, neither overbought nor oversold. The STOCH value of 97.78 is Negative, 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
17.54
1.39
8.61%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
―
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FTCS
First Trust Capital Strength ETF
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―
JQUA
JPMorgan U.S. Quality Factor ETF
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―
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SPLV
Invesco S&P 500 Low Volatility 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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