QYLD - ETF AI Analysis
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Global X NASDAQ 100 Covered Call ETF (QYLD)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Growth-Oriented Top Holdings
Several major positions like Micron, AMD, Apple, Nvidia, Amazon, and Alphabet have shown strong or steady performance, helping support the ETF’s returns.
Heavy Technology and Communication Exposure
The fund is heavily invested in technology and communication services, giving investors focused exposure to sectors that have been key drivers of market growth.
Large Asset Base
The ETF manages a sizable pool of assets, which can help with trading liquidity and suggests ongoing investor interest in the strategy.
Negative Factors
High Concentration in a Few Tech Giants
A small group of large technology stocks makes up a big portion of the portfolio, increasing the impact that any weakness in these companies can have on the fund.
Mixed Performance Among Top Holdings
Some key positions like Microsoft, Tesla, and Meta have shown weaker or negative performance, which can drag on overall results.
Limited Geographic Diversification
The ETF is overwhelmingly focused on U.S. companies, offering very little exposure to other regions and making it more sensitive to U.S.-specific market risks.
QYLD vs. SPDR S&P 500 ETF (SPY)
AUM8.50B
RegionNorth America
Expense Ratio0.60%
Beta0.67
IssuerGlobal X
Inception DateDec 12, 2013
Dividend Yield11.5%
Asset ClassEquity
Index TrackedCboe NASDAQ-100 BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,985,405
30 Day Avg. Volume4,228,808
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
22.40Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QYLD Summary
QYLD is an ETF that follows the Cboe NASDAQ-100 BuyWrite V2 Index, which is based on the NASDAQ-100, a group of many of the biggest non-financial companies on the Nasdaq. It owns well-known names like Apple, Microsoft, Nvidia, Amazon, and Tesla, and uses a “covered call” options strategy to turn that stock exposure into regular income. Someone might invest in QYLD if they want cash flow from the market and broad exposure to large, mostly U.S. tech-related companies. A key risk is that the fund is heavily tied to tech stocks and can still go up and down with the market.
How much will it cost me?The Global X NASDAQ 100 Covered Call ETF (QYLD) has an expense ratio of 0.61%, which means you’ll pay $6.10 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed covered call strategy, which requires more complex management compared to passively managed ETFs that simply track an index.
What would affect this ETF?QYLD's focus on large-cap tech-heavy companies like Nvidia, Microsoft, and Apple means it could benefit from continued innovation and growth in the technology sector, as well as strong consumer demand for tech products and services. However, its reliance on a covered call strategy may limit upside potential during strong market rallies, and the ETF could face challenges if interest rates rise or economic conditions weaken, which might negatively impact tech valuations. Regulatory changes targeting big tech or shifts in consumer behavior could also pose risks.
QYLD Top 10 Holdings
QYLD is essentially riding the NASDAQ 100’s tech wave, with U.S. giants calling the shots. Nvidia and Micron are the real engines here, both rising on the back of AI and data-center demand, giving the fund a strong semiconductor tilt. Microsoft is also pulling its weight, helped by steady momentum in cloud and AI. Apple looks more mixed, losing a bit of steam recently, while Amazon and Alphabet have seen choppier action. Tesla and Meta are more of a drag, their recent weakness acting like a headwind against the fund’s tech-heavy sails.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.47% | $719.44M | $5.36T | 23.84% | 76 Outperform | |
| Apple | 7.90% | $670.86M | $4.91T | 32.37% | 79 Outperform | |
| Microsoft | 5.90% | $501.19M | $3.67T | -2.50% | 79 Outperform | |
| Micron | 4.86% | $412.56M | $1.15T | 534.16% | 79 Outperform | |
| Amazon | 4.31% | $366.27M | $2.74T | 13.54% | 71 Outperform | |
| Advanced Micro Devices | 3.92% | $332.67M | $913.89B | 285.20% | 73 Outperform | |
| Alphabet Class A | 3.23% | $274.25M | $4.25T | 40.56% | 85 Outperform | |
| Meta Platforms | 3.23% | $273.91M | $1.70T | -3.12% | 76 Outperform | |
| Alphabet Class C | 2.99% | $254.22M | $4.25T | 38.75% | 82 Outperform | |
| Tesla | 2.92% | $247.99M | $1.44T | -13.57% | 73 Outperform |
QYLD Technical Analysis
Positive
―
Price Trends
17.81
Positive
17.59
Positive
16.95
Positive
Market Momentum
0.15
Negative
72.42
Negative
59.81
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 18.14, equal to the 50-day MA of 17.81, and equal to the 200-day MA of 16.95, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 72.42 is Negative, neither overbought nor oversold. The STOCH value of 59.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QYLD.
QYLD Peer Comparison
Comparison Results
Performance Comparison
QYLD
Global X NASDAQ 100 Covered Call ETF
18.55
3.56
23.75%
JQUA
JPMorgan U.S. Quality Factor ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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VONE
Vanguard Russell 1000 ETF
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FELC
Fidelity Enhanced Large Cap Core ETF
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DIVO
Amplify CWP Enhanced Dividend Income ETF
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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.
DisclaimerThis 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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