What is QYLD?

QYLD tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums.

PERFORMANCE [as of 03/17/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QYLD 2.24% 7.41% 8.27% -7.07% 8.99% 3.51% --
QYLD (NAV) 2.24% 7.34% 8.20% -7.07% 8.69% 3.60% --
Cboe NASDAQ-100 BuyWrite V2 Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -3.00% 3.00% 3.41% -9.83% 17.31% 9.48% 11.97%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QYLD Factset Analytics Insight

QYLD seeks yield from the Nasdaq-100 via options premium. 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 was the first to apply it to the Nasdaq-100. Expect a generally less volatile return pattern from QYLD relative to QQQ. 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 Feb 28, 2017.

QYLD Summary Data

12/12/13
0.60%
$6.93B
Cboe NASDAQ-100 BuyWrite V2 Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

-$0.01B 5 Days
+$0.14B 30 Days
+$0.19B 90 Days

QYLD Portfolio Data

--
--
--
12.56%
N/A
--

QYLD Index Data

Cboe NASDAQ-100 BuyWrite V2 Index
Fixed
Fixed
MSCI USA Large Cap Index

QYLD Portfolio Management

0.60%
--
--
--

QYLD Tax Exposures

20.00% / 39.60%
0.73%
Ordinary income
No

QYLD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/20/23

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

3,855,266
$64.23M
3,242,853
$53.20M
0.06%
$0.01
0.00%
0.42% / -0.30%
None
100.00%
50,000
64.86
0.04%
--
28,040
$16.88
5

QYLD Sector/Industry Breakdown

QYLD Segment
Benchmark
32.66% --
30.60% --
10.62% --
6.25% --
4.88% --
3.87% --
3.77% --
1.70% --
1.40% --
1.20% --

QYLD Top 10 Holdings

12.27%
3.52%
55.16%

QYLD Performance Statistics

0.78
0.76
0.66
0.98
0.74%
MSCI USA Large Cap Index

QYLD Countries

QYLD Segment
Benchmark
-- 99.89%
-- 0.11%

QYLD Regions

QYLD Segment
Benchmark
-- 100.00%

QYLD Economic Development

QYLD Segment
Benchmark
0.00% 100.00%
0.00% 0.00%

QYLD Benchmark Comparison Holdings

--
--
0
0.00%

QYLD Benchmark Comparison Summary

QYLD Segment
Benchmark
-- --
-- --
-- --
-- --
-- --
High --

QYLD Benchmark Comparison Market Cap Size

QYLD Segment
Benchmark
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-- --
-- --
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