QYLG - ETF AI Analysis
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Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)
Rating:76Outperform
Price Target:―
Positive Factors
Leading Tech and Growth Companies
The fund’s largest positions include well-known technology and growth leaders, several of which have shown strong recent performance and help support returns.
Sector Diversification Within Growth
While technology is the largest slice, the ETF also holds stocks in communication services, consumer sectors, health care, and other industries, which helps spread risk across different parts of the market.
Moderate Expense Ratio
The fund’s fee is not especially high for a specialized strategy ETF, allowing investors to keep more of the income and growth it generates.
Negative Factors
Heavy Concentration in Technology
More than half of the portfolio is in technology stocks, so the fund is sensitive to downturns in that single sector.
Mixed Performance Among Top Holdings
Some of the largest positions, including major technology names, have shown weak or negative recent performance, which can drag on overall returns.
Limited International Diversification
The ETF is almost entirely invested in U.S. companies, offering very little exposure to markets outside the United States.
QYLG vs. SPDR S&P 500 ETF (SPY)
AUM160.90M
RegionNorth America
Expense Ratio0.35%
Beta1.02
IssuerGlobal X
Inception DateSep 18, 2020
Dividend Yield16.33%
Asset ClassEquity
Index TrackedCboe Nasdaq 100 Half BuyWrite V2 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume39,416
30 Day Avg. Volume41,806
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
36.60Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering103
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QYLG Summary
QYLG is an ETF that follows the Cboe Nasdaq 100 Half BuyWrite V2 Index, which is based on the Nasdaq 100, home to many of the biggest U.S. growth companies. It owns large, well-known names like Apple and Nvidia, and uses a “covered call” approach to try to generate extra income while still keeping some growth potential. Investors might consider QYLG if they want exposure to leading tech and consumer companies with added income from option premiums. A key risk is that it is heavily tilted toward technology and can still go up and down with the broader stock market.
How much will it cost me?The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it uses an actively managed covered call strategy to generate income alongside growth potential.
What would affect this ETF?The QYLG ETF, heavily focused on U.S. technology and consumer sectors, could benefit from continued innovation and strong earnings growth among its top holdings like Nvidia, Microsoft, and Apple. However, rising interest rates or regulatory changes targeting big tech could negatively impact these companies’ valuations and profitability, while broader economic slowdowns may dampen consumer spending and growth potential. The covered call strategy may help cushion volatility but could limit upside during strong market rallies.
QYLG Top 10 Holdings
QYLG is riding the Nasdaq’s tech wave, with a heavy tilt toward U.S. mega-cap growth and a clear semiconductor heartbeat. Micron, AMD, and Intel have been the real engines lately, with chip demand tied to AI giving the fund a helpful push. Nvidia, while still a long-term star, has cooled recently and isn’t pulling as hard as before. Big Tech giants like Apple, Amazon, and Microsoft are more mixed or losing a bit of steam in the short run, so they’re stabilizing the ride rather than powering it.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.64% | $11.99M | $4.71T | 22.22% | 76 Outperform | |
| Apple | 7.35% | $11.53M | $4.53T | 47.93% | 79 Outperform | |
| Micron | 4.92% | $7.72M | $1.10T | 654.20% | 79 Outperform | |
| Microsoft | 4.70% | $7.37M | $2.90T | -22.12% | 79 Outperform | |
| Amazon | 4.23% | $6.63M | $2.61T | 12.14% | 71 Outperform | |
| Advanced Micro Devices | 3.77% | $5.92M | $844.36B | 274.48% | 73 Outperform | |
| Alphabet Class A | 3.39% | $5.32M | $4.34T | 110.50% | 85 Outperform | |
| Tesla | 3.18% | $4.99M | $1.48T | 40.95% | 73 Outperform | |
| Alphabet Class C | 3.17% | $4.97M | $4.34T | 105.51% | 82 Outperform | |
| Meta Platforms | 2.81% | $4.41M | $1.48T | -14.58% | 76 Outperform |
QYLG Technical Analysis
Positive
―
Price Trends
29.45
Positive
27.90
Positive
26.94
Positive
Market Momentum
0.16
Positive
55.89
Neutral
64.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.82, equal to the 50-day MA of 29.45, and equal to the 200-day MA of 26.94, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 55.89 is Neutral, neither overbought nor oversold. The STOCH value of 64.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QYLG.
QYLG Peer Comparison
Comparison Results
Performance Comparison
QYLG
Global X Nasdaq 100 Covered Call & Growth ETF
30.16
6.58
27.91%
SPHB
Invesco S&P 500 High Beta ETF
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QLC
FlexShares US Quality Large Cap Index Fund
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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―
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FTQI
First Trust Hedged BuyWrite Income ETF
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OMAH
VistaShares Target 15 Berkshire Select 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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