The Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) is an innovative investment vehicle designed to provide investors with a unique blend of growth and income. As its name suggests, this ETF employs a covered call strategy on the Nasdaq 100 Index, aiming to enhance yield while maintaining exposure to the growth potential of some of the largest and most dynamic companies in the tech-driven Nasdaq market.
Focused on the Large Cap category, QYLG is crafted for investors seeking to capitalize on the robust performance of established industry leaders, while simultaneously generating additional income through options premiums. This approach not only seeks to mitigate some of the volatility associated with high-growth stocks but also attempts to deliver a more balanced risk-reward profile.
Operating within a broad-based niche, the ETF offers diversified exposure to key sectors such as technology, consumer services, and healthcare, which are well-represented in the Nasdaq 100. By combining growth potential with an income-generating strategy, QYLG provides a compelling option for those looking to enhance their portfolio's yield without sacrificing the opportunity for capital appreciation. Whether you are a seasoned investor or new to the market, the Global X Nasdaq 100 Covered Call & Growth ETF represents a strategic approach to achieving long-term financial goals.
Asset Class
Equity
Region
North America
Issuer
Global X
Index Tracked
Cboe Nasdaq 100 Half BuyWrite V2 Index
Ticker Symbol
QYLG
Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) Fund Flow Chart
Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) 1 year Net Flows: $757K
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.