Global X - Nasdaq 100 Covered Call ETF
QYLD
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Dec 12, 2013
- CIK
- 0001551030
- Website
- globalxfunds.com
- Similar Companies
- Business
- Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that employs a covered call or buy-write strategy, seeking to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Nasdaq-100 BuyWrite V2 Index. The fund buys the stocks comprising the Nasdaq-100 Index and sells (writes) corresponding call options on the same index to generate income from option premiums, which historically produces higher yields in periods of volatility; it offers monthly distributions, with a track record of 12 years of consecutive payments, a 30-day SEC yield of approximately 0.12%, and a 12-month trailing yield around 13.67% as of late 2025. QYLD holds a portfolio of approximately 104 securities, with top exposures including NVIDIA Corp (9.34%), Apple Inc (9.07%), Microsoft Corp (7.96%), Broadcom Inc, Amazon.com Inc, and others from sectors like information technology (35.5%), communication services, and consumer discretionary; it has net assets of about $8.03 billion, trades on the Nasdaq under ticker QYLD (CUSIP 37954Y483), and features a total expense ratio of 0.60%. QYLD operates globally through Global X ETFs, which manages a suite of over 90 exchange-traded funds with approximately $115 billion in assets under management worldwide as of early 2025, spanning regions including North America, Europe, Asia, Australia, and Latin America. The fund targets income-seeking investors desiring Nasdaq-100 equity exposure with enhanced yield potential, though covered call writing limits upside participation in strong bull markets. Launched on December 11, 2013, QYLD is issued and managed by Global X Management Company LLC, a member of Mirae Asset Financial Group headquartered at 605 Third Avenue, 43rd Floor, New York, NY 10158. Global X ETFs, founded in 2008 and acquired by Mirae Asset in July 2018, pioneered the largest covered call ETF with QYLD and has expanded its covered call suite to over $21 billion in AUM as of mid-2025. In recent developments, Global X announced product updates on July 31, 2025, including the liquidation of select smaller funds representing less than 0.2% of total assets, while reinforcing commitment to its covered call strategies amid $13.1 billion AUM in that suite; the firm launched new offerings like the U.S. Treasury Bond ETF (TLTX) in July 2025, providing covered call overlays on long-duration treasuries for enhanced income. Ongoing monthly distributions continued into late 2025, with the November payout supporting QYLD's high yield profile, and proxy voting summaries released for 2025 alongside quarterly financial reports. No major acquisitions, partnerships, or strategic shifts specific to QYLD were reported in the last 1-2 years, though Global X broadened its global footprint with UCITS versions and active variants of Nasdaq-100 covered call strategies.