QYLG - ETF AI Analysis

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

Rating:75Outperform

Price Target:―

QYLG, the Global X Nasdaq 100 Covered Call & Growth ETF, has a solid overall rating driven by its large positions in high-quality tech leaders like Microsoft, Apple, and Alphabet, which benefit from strong financial performance and long-term growth in cloud, AI, and services. Additional support comes from companies like Nvidia and Broadcom, which are well positioned in AI and data center trends, though their high valuations and some mixed technical signals, along with similar concerns for names like Amazon and Tesla, introduce risk. The main risk factor is the fund’s heavy concentration in large U.S. technology and internet companies, which can make performance more sensitive to that sector’s cycles and valuation swings.

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)

AUM139.51M

RegionNorth America

Expense Ratio0.35%

Beta1.03

IssuerGlobal X

Inception DateSep 18, 2020

Dividend Yield17.66%

Asset ClassEquity

Index TrackedCboe Nasdaq 100 Half BuyWrite V2 Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume56,537

30 Day Avg. Volume54,367

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

33.95

Price 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 essentially riding the Nasdaq 100’s tech-heavy roller coaster, with U.S. giants firmly in the driver’s seat. Nvidia is treading water lately, while Apple, Microsoft, and Tesla have been losing steam and acting as a drag on the fund. On the brighter side, Alphabet and Amazon have been rising, helping to offset some of that weakness, and Walmart adds a steadier, defensive note. Overall, the ETF is highly concentrated in Big Tech and communication services, with performance hinging on a handful of mega-cap U.S. names.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	8.98%	$12.53M	$4.64T	56.43%	76 Outperform
AAPL	Apple	7.41%	$10.34M	$3.81T	15.98%	79 Outperform
MSFT	Microsoft	6.18%	$8.62M	$3.20T	2.67%	79 Outperform
AMZN	Amazon	4.95%	$6.91M	$2.56T	0.37%	71 Outperform
META	Meta Platforms	4.08%	$5.69M	$1.81T	0.32%	76 Outperform
GOOGL	Alphabet Class A	3.81%	$5.31M	$4.08T	66.53%	85 Outperform
TSLA	Tesla	3.69%	$5.15M	$1.62T	7.55%	73 Outperform
GOOG	Alphabet Class C	3.54%	$4.95M	$4.08T	70.20%	82 Outperform
WMT	Walmart	3.11%	$4.34M	$949.57B	23.11%	78 Outperform
AVGO	Broadcom	3.03%	$4.23M	$1.57T	48.86%	76 Outperform

QYLG Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

27.17

Positive

100DMA

26.71

Positive

200DMA

25.24

Positive

Market Momentum

MACD

0.11

Positive

RSI

47.66

Neutral

STOCH

51.11

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 27.48, equal to the 50-day MA of 27.17, and equal to the 200-day MA of 25.24, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 47.66 is Neutral, neither overbought nor oversold. The STOCH value of 51.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QYLG.

QYLG Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QYLG	―	―	$139.51M	0.35%	―
VOTE	―	―	$949.96M	0.05%	―
NBCR	―	―	$896.08M	0.29%	―
QQQJ	―	―	$885.57M	0.15%	―
ONEY	―	―	$823.49M	0.20%	―
MODL	―	―	$813.05M	0.46%	―

Performance Comparison

QYLG

Global X Nasdaq 100 Covered Call & Growth ETF

27.30

3.20

13.28%

VOTE

Engine No. 1 Transform 500 ETF

―

NBCR

Neuberger Berman Core Equity ETF

―

QQQJ

Invesco NASDAQ Next Gen 100 ETF

―

ONEY

SPDR Russell 1000 Yield Focus ETF

―

MODL

VictoryShares WestEnd U.S. Sector 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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