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QYLG - ETF AI Analysis
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Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)
Rating:75Outperform
Price Target:―
Positive Factors
Sector Diversification Across the Economy
The fund spreads its investments across many sectors, including technology, consumer, health care, and others, which helps reduce the impact if any one area struggles.
Exposure to Leading Nasdaq 100 Companies
The ETF holds many well-known, large Nasdaq 100 names like Nvidia, Apple, Microsoft, Amazon, and Alphabet, giving investors access to major growth-oriented companies.
Moderate Expense Ratio
The fund’s fee is moderate for a specialized options-based strategy, so costs are not excessively high relative to its niche approach.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year to date, which may concern investors looking for near-term gains.
Heavy Concentration in Technology and Communication
More than half of the portfolio is in technology and a large portion in communication services, so the fund is sensitive to downturns in these growth sectors.
Almost Entirely U.S.-Focused
With nearly all assets in U.S. companies and very little overseas exposure, the fund offers limited diversification across global markets.
QYLG vs. SPDR S&P 500 ETF (SPY)
AUM137.60M
RegionNorth America
Expense Ratio0.35%
Beta1.03
IssuerGlobal X
Inception DateSep 18, 2020
Dividend Yield17.97%
Asset ClassEquity
Index TrackedCboe Nasdaq 100 Half BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume29,948
30 Day Avg. Volume54,839
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
33.29Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QYLG Summary
QYLG is an ETF that follows the Cboe Nasdaq 100 Half BuyWrite V2 Index, which is based on the Nasdaq 100. It owns many of the biggest U.S. growth companies, especially in technology, like Apple and Nvidia. The fund aims to give you a mix of growth and regular income by holding these stocks and using an options strategy to generate extra cash. Someone might invest in QYLG to get broad exposure to leading tech-driven companies while also seeking some income. A key risk is that it is heavily tied to large tech stocks, so its value can rise and fall sharply with that part of the market.
How much will it cost me?The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an actively managed covered call strategy to generate income alongside growth potential.
What would affect this ETF?The QYLG ETF, heavily focused on U.S. technology and consumer sectors, could benefit from continued innovation and strong earnings growth among its top holdings like Nvidia, Microsoft, and Apple. However, rising interest rates or regulatory changes targeting big tech could negatively impact these companies’ valuations and profitability, while broader economic slowdowns may dampen consumer spending and growth potential. The covered call strategy may help cushion volatility but could limit upside during strong market rallies.
QYLG Top 10 Holdings
QYLG is riding the Nasdaq 100’s tech wave, with Nvidia and Apple doing much of the heavy lifting as demand for AI chips and Apple’s services keeps both names rising. Meta and Alphabet add more AI-fueled momentum, though their performance has been a bit more mixed lately. On the other side, Microsoft and Amazon have been losing a bit of steam, quietly tugging on returns rather than powering them. Overall, this is a U.S.-heavy, Big Tech–centric fund where a handful of mega-cap names largely set the tone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.21% | $12.56M | $4.69T | 46.90% | 76 Outperform | |
| Apple | 7.78% | $10.61M | $4.00T | 13.22% | 79 Outperform | |
| Microsoft | 5.66% | $7.71M | $2.89T | -2.68% | 79 Outperform | |
| Amazon | 4.34% | $5.92M | $2.24T | -1.99% | 71 Outperform | |
| Tesla | 3.95% | $5.38M | $1.54T | 35.20% | 73 Outperform | |
| Meta Platforms | 3.70% | $5.05M | $1.62T | -2.97% | 76 Outperform | |
| Alphabet Class A | 3.59% | $4.89M | $3.76T | 81.15% | 85 Outperform | |
| Walmart | 3.36% | $4.58M | $1.01T | 31.76% | 78 Outperform | |
| Alphabet Class C | 3.33% | $4.55M | $3.76T | 77.97% | 82 Outperform | |
| Broadcom | 3.09% | $4.21M | $1.54T | 52.86% | 76 Outperform |
QYLG Technical Analysis
Positive
―
Price Trends
27.07
Negative
26.75
Positive
25.47
Positive
Market Momentum
-0.09
Positive
49.50
Neutral
42.36
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.03, equal to the 50-day MA of 27.07, and equal to the 200-day MA of 25.47, indicating a neutral trend. The MACD of -0.09 indicates Positive momentum. The RSI at 49.50 is Neutral, neither overbought nor oversold. The STOCH value of 42.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QYLG.
QYLG Peer Comparison
Comparison Results
Performance Comparison
QYLG
Global X Nasdaq 100 Covered Call & Growth ETF
27.28
3.67
15.54%
VOTE
Engine No. 1 Transform 500 ETF
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―
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QQQJ
Invesco NASDAQ Next Gen 100 ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
―
―
―
ONEY
SPDR Russell 1000 Yield Focus ETF
―
―
―
MODL
VictoryShares WestEnd U.S. Sector 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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