QYLD
Global X NASDAQ 100 Covered Call ETFQYLD Fund Description
QYLD tracks an index that holds Nasdaq 100 stocks and sells options on those stocks to collect the premiums.
QYLD Factset Analytics Insight
Yield from the Nasdaq-100? That's the promise embedded in the very ticker of QYLD. Historically, investors came to the Nasdaq for growth, not yield. While that dynamic may be shifting as tech giants mature and begin paying dividends, the fact remains that pure-play S&P 500 funds offer more yield than the 'plain vanilla' Nasdaq-100 fund QQQ. Enter QYLD, which matches QQQ's Nasdaq-100 exposure, but earns income by selling call options and passes it on to investors net of fees. Covered call ETFs are hardly new, but QYLD is the only fund to apply it to the Nasdaq-100. Expect a generally less volatile return pattern from QYLD relative to QQQ. Investors have largely ignored the fund to date however. Use great care trading and monitor the asset levels. Also note that the fund's prospectus allows a bit of leverage.The fund rebranded and changed its name from Recon Capital NASDAQ 100 Covered Call ETF to Horizons Nasdaq-100 Covered Call ETF on 2/28/2017.
QYLD MSCI ESG Analytics Insight
Global X NASDAQ 100 Covered Call ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.42 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X NASDAQ 100 Covered Call ETF ranks in the 50th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QYLD CHARTS AND PERFORMANCE
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QYLD Top 10 Countries
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QYLD Top 10 Holdings [View All]
QYLD Summary Data
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QYLD Index Data
QYLD Portfolio Management
QYLD Tax Exposures
QYLD Fund Structure
QYLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QYLD. QYLD is rated a 5 out of 5.
QYLD Tradability
QYLD Sector/Industry Breakdown
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QYLD TOP 10 HOLDINGS[View All]
QYLD Countries
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QYLD Economic Development
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QYLD Performance Statistics
QYLD MSCI ESG Ratings
QYLD BENCHMARK COMPARISON SUMMARY
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QYLD BENCHMARK COMPARISON MARKET CAP SIZE
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.