QYLG - ETF AI Analysis

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Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)

Rating:76Outperform

Price Target:―

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) has a solid overall rating, driven by its strong holdings in companies like Microsoft and Alphabet. Microsoft contributes positively with its robust growth in cloud and AI segments, supported by strong financial performance and strategic investments. Similarly, Alphabet's leadership in AI and cloud services, combined with its profitability and bullish technical outlook, enhances the fund's rating. However, holdings like Tesla and Palantir, with high valuations and mixed technical indicators, may slightly weigh on the overall score. A key risk factor for this ETF is its concentration in technology-focused companies, which could lead to volatility in the event of sector-specific downturns.

Positive Factors

Strong Top Holdings

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

Sector Focus on Growth Industries

The ETF is heavily weighted in technology and communication services, sectors that have shown strong growth potential.

Reasonable Expense Ratio

The fund charges a relatively low expense ratio, making it cost-effective compared to actively managed funds.

Negative Factors

High Concentration in Technology

Over 55% of the portfolio is allocated to technology, making the fund vulnerable to downturns in this sector.

Limited Geographic Diversification

The ETF is overwhelmingly focused on U.S. companies, offering minimal exposure to international markets.

Underperforming Holdings

Some top holdings, like Amazon and Apple, have shown weaker year-to-date performance, which could weigh on future returns.

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

AUM137.63M

RegionNorth America

Expense Ratio0.35%

Beta1.01

IssuerGlobal X

Inception DateSep 18, 2020

Dividend Yield6.97%

Asset ClassEquity

Index TrackedCboe Nasdaq 100 Half BuyWrite V2 Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume56,153

30 Day Avg. Volume41,773

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

35.61

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering101

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

QYLG Summary

The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an investment fund that focuses on the Nasdaq 100 Index, which includes some of the largest and most innovative companies in the U.S. technology, consumer services, and healthcare sectors. It uses a covered call strategy to generate income while still offering growth potential. Well-known companies like Nvidia and Microsoft are among its top holdings, making it a good option for investors seeking a mix of income and exposure to leading tech-driven firms. However, since it is heavily focused on technology stocks, its performance can be impacted by fluctuations in the tech industry.

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

The QYLG ETF leans heavily into tech, with giants like Nvidia and Apple leading the charge. Nvidia’s long-term AI-driven growth story remains compelling, though recent performance has been mixed, while Apple’s steady climb reflects its resilience despite valuation concerns. Microsoft and Meta are showing more uneven results, with Meta’s expense challenges and Microsoft’s cloud growth balancing out their outlooks. Tesla and Palantir are rising stars, adding a spark to the fund’s performance. Overall, this ETF’s tech-heavy focus keeps it tied to the fortunes of U.S. innovation leaders.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	9.12%	$12.62M	$4.58T	34.79%	76 Outperform
AAPL	Apple	7.98%	$11.04M	$4.05T	5.71%	79 Outperform
MSFT	Microsoft	7.18%	$9.93M	$3.63T	11.39%	79 Outperform
AMZN	Amazon	4.92%	$6.81M	$2.48T	2.35%	71 Outperform
TSLA	Tesla	4.26%	$5.89M	$1.61T	6.88%	73 Outperform
META	Meta Platforms	3.87%	$5.36M	$1.68T	10.64%	76 Outperform
GOOGL	Alphabet Class A	3.63%	$5.02M	$3.80T	60.58%	85 Outperform
GOOG	Alphabet Class C	3.38%	$4.68M	$3.80T	59.78%	82 Outperform
AVGO	Broadcom	3.27%	$4.53M	$1.66T	42.74%	76 Outperform
PLTR	Palantir Technologies	2.43%	$3.36M	$462.79B	136.39%	74 Outperform

QYLG Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

29.63

Positive

100DMA

28.85

Positive

200DMA

27.12

Positive

Market Momentum

MACD

0.16

Negative

RSI

61.34

Neutral

STOCH

85.63

Negative

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 29.94, equal to the 50-day MA of 29.63, and equal to the 200-day MA of 27.12, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 61.34 is Neutral, neither overbought nor oversold. The STOCH value of 85.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QYLG.

QYLG Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QYLG	―	―	$137.63M	0.35%	―
VOTE	―	―	$946.65M	0.05%	―
AVLC	―	―	$871.83M	0.15%	―
ONEY	―	―	$841.88M	0.20%	―
QQQJ	―	―	$811.60M	0.15%	―
DSPY	―	―	$789.54M	0.18%	―

Performance Comparison

QYLG

Global X Nasdaq 100 Covered Call & Growth ETF

30.25

3.58

13.42%

VOTE

Engine No. 1 Transform 500 ETF

―

AVLC

Avantis U.S. Large Cap Equity ETF

―

ONEY

SPDR Russell 1000 Yield Focus ETF

―

QQQJ

Invesco NASDAQ Next Gen 100 ETF

―

DSPY

Tema S&P 500 Historical Weight ETF Strategy

―

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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