XNAS · Passive · options-income

Global X NASDAQ 100 Covered Call ETF

Global X Management Company LLC

Weighted score · 3.50 / 5

AUM

assets under mgmt

Avg Volume

shares · daily

Distribution

Monthly · 97% ROC

Expense Ratio

0.60% gross

1Y Return

vs underlying

Sharpe

Max DD -24.6%

The Global X NASDAQ 100® Covered Call ETF (the "Fund") seeks to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Cboe NASDAQ-100® BuyWrite V2 Index™ (the "Underlying Index")..

The Fund invests at least 80% of its total assets in the securities of the Cboe NASDAQ-100® BuyWrite V2 Index™, following a buy-write (covered call) strategy. Each calendar month, the Fund holds the stocks underlying the NASDAQ-100® Index and writes (sells) one-month at-the-money call options on the Reference Index. The written options are held until one day prior to expiration and liquidated at a volume-weighted average price. The Fund uses an indexing (passive) approach and generally employs full replication of the Underlying Index.

Each month the Fund writes one-month at-the-money call options on the NASDAQ-100® Index, fully covering its equity portfolio. Options are held until one day prior to expiration and liquidated at a volume-weighted average price. Premiums received provide partial downside buffer but cap upside participation when the index rallies above the strike price.

NAV HISTORY · JUL '25 – JUL '26

Max DD

Volatility

Sharpe

Sortino

Calmar

Beta

Share of each distribution you’d need to reinvest just to hold NAV flat. Higher means more of the yield is your own capital coming back.

Composition · Recent Distribution

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

The June 2026 distribution of $0.1854 per share is composed almost entirely of Return of Capital (97.45%), with only 2.55% from Net Investment Income. On a fiscal year-to-date basis, 98.97% of cumulative distributions have been classified as Return of Capital. QYLD estimates it has distributed more than its income, meaning a significant portion of payouts represent a return of invested principal rather than fund earnings.

Return of capital ($/sh)

Net investment income ($/sh)

Monthly ROC %

Calendar-year ROC (YTD est.)

Distribution Growth by Lookback Period

Sector Mix · Tilt vs Nasdaq-100

Price vs. Moving Averages

Bullish — 50-DMA above 200-DMA

Price $18.34 is above the 200-day SMA ($16.79); 50-day SMA $17.82. The 50-day SMA sits above the 200-day — an established uptrend, no recent crossover. Moving-average signals are a timing aid, not a recommendation — weigh them against the distribution profile and framework score.

Liquidity

Estimated bid/ask spread ~0.15% (tight). Average daily dollar volume ~$109.4M (very liquid). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

AUM ($)