QYLGGlobal X Nasdaq 100 Covered Call & Growth ETF
QYLG Fund Description
QYLG tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.
QYLG Factset Analytics Insight
QYLG is passively managed to provide both the potential for growth and some yield from the Nasdaq 100 Index. Historically, investors came to the Nasdaq for growth, not yield. As tech giants have matured and began paying dividends, enter QYLG which looks to provide a little of both worlds. The fund matches QQQ's Nasdaq-100 exposure, but earns some income by selling one-month, at-the-money call options on half of the portfolio. The option premiums received are passed on to investors net of fees. Expect a generally less volatile return pattern from QYLG relative to QQQ.
QYLG MSCI ESG Analytics Insight
Global X Nasdaq 100 Covered Call & Growth ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.46 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 & Growth ETF ranks in the 34th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QYLG Summary Data
QYLG Portfolio Data
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QYLG Portfolio Management
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QYLG Fund Structure
QYLG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QYLG. QYLG is rated a 5 out of 5.
QYLG Sector/Industry Breakdown
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QYLG Performance Statistics
QYLG MSCI ESG Ratings
QYLG Benchmark Comparison Summary
QYLG Benchmark Comparison Market Cap Size