QYLG - ETF AI Analysis
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Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)
QYLG’s rating reflects a solid foundation built on leading tech names like Apple, Microsoft, and Alphabet, which bring strong financial performance, profitable growth, and long-term potential in cloud and AI. Some holdings such as Amazon and Tesla add growth but come with high valuations and short-term technical or cash flow concerns, which slightly temper the fund’s overall appeal. The main risk is the ETF’s heavy concentration in large technology and AI-focused companies, making it sensitive to shifts in tech sector sentiment and valuations.
QYLG vs. SPDR S&P 500 ETF (SPY)
- AUM
- 190.74M
- Region
- North America
- Expense Ratio
- 0.35%
- Beta
- 1.02
- Issuer
- Global X
- Inception Date
- Sep 18, 2020
- Dividend Yield
- 17.41%
- Asset Class
- Equity
- Index Tracked
- Cboe Nasdaq 100 Half BuyWrite V2 Index
QYLG Summary
QYLG is an ETF that follows the Cboe Nasdaq 100 Half BuyWrite V2 Index, mixing growth from big Nasdaq 100 companies with extra income from an options strategy. It mainly holds large U.S. tech and consumer companies, including well-known names like Apple and Nvidia, along with Microsoft and Amazon. Someone might invest in QYLG to get diversified exposure to leading technology and growth companies while also aiming for more regular income than a typical growth fund. A key risk is that it is heavily tied to large tech-related stocks, so its value can go up and down sharply with the tech market.
How much will it cost me?
This ETF has an expense ratio of 0.35%, which means you’ll pay about $3.50 per year for every $1,000 you invest. That’s a bit higher than the average index ETF because QYLG uses an options-based covered call strategy, which requires more active management than a simple passive index fund.
What would affect this ETF?
QYLG could benefit if major U.S. technology and internet companies like Nvidia, Apple, Microsoft, and Alphabet keep growing, and if the overall U.S. economy and stock market remain strong, since its covered call strategy can turn that stability into steady income. On the downside, a slowdown in big tech, tighter regulations on large digital platforms, or sharp market drops could hurt returns, and rising interest rates might make its income stream less attractive compared with safer cash or bond investments.
QYLG Top 10 Holdings
QYLG is essentially riding the Nasdaq’s Big Tech and chip wave, with Nvidia, Apple, Microsoft, AMD, and Micron doing much of the heavy lifting. The fund leans heavily into U.S. technology, where Micron and AMD have been rising stars, while Nvidia’s recent wobble has taken a bit of shine off its earlier strength. Apple and Microsoft remain steady anchors, and Amazon adds a more mixed but still supportive tilt. On the downside, Alphabet and Meta have been losing steam, quietly dragging on performance in this otherwise tech-powered, U.S.-centric lineup.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NVDA | Nvidia | 8.15% | $15.48M | $4.93T | 0.86% | 76Outperform |
 AAPL | Apple | 8.06% | $15.31M | $5.03T | 26.98% | 79Outperform |
 MSFT | Microsoft | 6.23% | $11.84M | $3.88T | -0.73% | 79Outperform |
 MU | Micron | 4.61% | $8.76M | $1.00T | 294.96% | 79Outperform |
 AMZN | Amazon | 4.17% | $7.91M | $2.59T | 7.85% | 71Outperform |
 AMD | Advanced Micro Devices | 4.04% | $7.68M | $824.07B | 98.09% | 73Outperform |
 TSLA | Tesla | 3.36% | $6.37M | $1.58T | -9.15% | 73Outperform |
 GOOGL | Alphabet Class A | 2.64% | $5.01M | $3.41T | -0.58% | 85Outperform |
 META | Meta Platforms | 2.94% | $5.59M | $1.57T | -7.72% | 76Outperform |
 SPCX | SpaceX | 2.70% | $5.13M | $1.83T | -16.30% | ―― |
QYLG Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QYLG, the sentiment is Negative. The current price of 28.83 is below the 20-day moving average (MA) of 29.98, below the 50-day MA of 29.76, and above the 200-day MA of 27.91, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 35.62 is Neutral, neither overbought nor oversold. The STOCH value of 53.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QYLG.
QYLG Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| QYLG | $28.83 | $33.00(14.46% Upside) | $190.74M | 0.35% | 73Outperform |
 INFO | $27.73 | $34.10(22.96% Upside) | $961.91M | 0.35% | 74Outperform |
 AFLG | $44.27 | $53.19(20.15% Upside) | $933.48M | 0.55% | 74Outperform |
 XVV | $57.72 | $71.35(23.61% Upside) | $902.08M | 0.08% | 74Outperform |
 PTL | $269.36 | $343.57(27.55% Upside) | $888.20M | 0.09% | 70Neutral |
 ROCY | $54.69 | $67.21(22.89% Upside) | $890.97M | 0.35% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 28.83 | 3.26 | 12.76% | |
| INFO | Harbor PanAgora Dynamic Large Cap Core ETF | 27.73 | 3.30 | 13.53% | |
| AFLG | First Trust Active Factor Large Cap ETF | 44.27 | 5.48 | 14.14% | |
| XVV | iShares ESG Screened S&P 500 ETF | 57.72 | 5.42 | 10.37% | |
| PTL | Inspire 500 ETF | 269.36 | 20.84 | 8.38% | |
| ROCY | JPMorgan Equity Premium Yield ETF | 54.69 | 6.65 | 13.83% |
This 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.