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Global X NASDAQ 100 Covered Call ETF

QYLD tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums.

Aptus Collared Income Opportunity ETF

Amplify CWP Dividend & Option Income ETF

Global X Russell 2000 Covered Call ETF

Global X S&P 500 Covered Call ETF

investors are looking for investments that provide capital appreciation opportunities in the equity world but at the same time offer downside protection. A lucrative option for now could be the Buy-Write strategy.

Time to Bet on Buy-Write ETFs

JPMorgan Nasdaq Equity Premium Income ETF

Innovator Nasdaq 100 Power Buffer ETF - July

NEOS Nasdaq-100 Hedged Equity Income ETF

Invesco QQQ

Direxion NASDAQ-100 Equal Weighted Index Shares

Invesco Nasdaq 100 ETF

The Invesco QQQ (QQQ), and its lower-cost sibling Invesco NASDAQ 100 ETF (QQQM), soared 40% year-to-date as of September 7, more than double that of the broad S&P 500 Index based ETFs in 2023.

NASDAQ 100 ETF Exposure Comes in Many Forms

JPMorgan Equity Premium Income ETF

Sure, 5% CDs are appealing. And some bond funds can yield even more than that.

How To Score An 11% Yield For Doing Absolutely Nothing

QYLD is the largest covered call ETF from Global X, selling call options on its underlying portfolio to generate income for investors. However, QYLD's covered call strategy has led to erosion of principal and substantial opportunity cost over time. An alternative income policy is presented, providing efficient access to income from an investment with exposure to the Nasdaq 100 index.

QYLD: There Is A Better Way

The Global X NASDAQ 100 Covered Call ETF has seen increased capital allocation and impressive income returns over the past 5 years. However, the fund's income payouts are expected to decrease due to lower volatility levels, making it less appealing in the current market environment. Alternative income investments, such as Chevron and Pioneer Natural Resources, may offer better dividends and total returns in the current market.

QYLD: Recent Income Levels Are Likely To Fall Significantly

The Global X NASDAQ 100 Covered Call ETF is a popular option for investors looking to generate income from ETFs. QYLD is a covered-call ETF that sells options on its holdings, limiting upside potential but providing high dividend yields. QYLD has a history of consistently high dividend yields, averaging around 10% or higher, making it attractive for income-focused investors.

QYLD: Impressive Total Returns Make This An Attractive Fixed-Income Play

Ares Capital

BlackRock Science & Technology

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Guggenheim Strategic Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

PIMCO Corporate & Income Opportunity Fund

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations” with ETNs and BDCs. My portfolio is certainly not perfect, but acceptably fulfills the task for which it was designed: namely, to provide me with a steady stream of dividends over time.

My 9% Income Portfolio - Nobody Is Perfect

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at covered-call ETFs, which use an options strategy known as covered-call writing which may limit potential upside participation but generates income for investors in volatile markets.

This type of ETF is designed to hedge against volatility and help investors navigate a stormy stock market

iShares Core Dividend Growth ETF

iShares Select Dividend ETF

Schwab Fundamental U.S. Large Company Index ETF

First Trust Value Line Dividend Index Fund

CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF

ProShares S&P 500 Dividend Aristocrats ETF

Schwab US Dividend Equity ETF

SPDR S&P Dividend ETF

Vanguard Dividend Appreciation ETF

Vanguard High Dividend Yield ETF

KNG employs a buy/write strategy quite successfully, considering the small opportunity cost in relation to market total returns and the decent dividend yield over the years.

KNG: Not The Buy/Write ETF King

Global X Dow 30 Covered Call ETF

Global X Dow 30 Covered Call & Growth ETF

Global X ETFs continues to build out its suite of covered call strategies. On Wednesday, the ETF provider has launched the Global X Dow 30 Covered Call & Growth ETF (NYSE Arca: DYLG).

Global X Launches Dow 30 Covered Call & Growth ETF

QYLD is an income-generating investment, not for capital appreciation, as it caps upside potential by writing covered-call contracts. It generates double-digit yields and provides monthly income from the premiums collected. Despite uncertainties, I believe QYLD will continue to appreciate in value. QYLD could be a good investment for those comfortable with sacrificing capital appreciation for income, as it has delivered 115 consecutive months of distribution to shareholders since 2014.

QYLD: If The Market Melts Up, This ETF Should Continue Rebounding

The Global X NASDAQ 100 Covered Call ETF is underperforming due to its mechanical call selling strategy. The fund is up 12.6% year to date, compared to the index components it sells calls on, which are up more than 42% in 2023. Market conditions don't favor QYLD, and the fund's current OTM short option should only provide minimal downside protection in the event of a drop.

QYLD: Substandard Returns Set To Continue

As the Nasdaq 100 Invesco QQQ ETF NASDAQ: QQQ closes on all-time highs, investors may hesitate to chase it higher. Dividend yields shrink as the underlying share prices rise, making entering dividend stocks at these lofty prices even costlier.

Try This Covered Call ETF in Up Markets for Big Dividend Returns

QYLD: 12% Yield, Monthly Payer, And Outperforming Alternatives

QYLD ETF has delivered 16% total returns since November, outperforming the S&P 500's 10.8% price return and ~12% total return. The fund's performance is due to an extraordinary rally in the 'Magnificent Seven' technology stocks, powering the Nasdaq 100 Index to a 30% rally in 6 months. However, on any reasonably long time frame, the QYLD will underperform the QQQ ETF in delivering total returns, and the author maintains that it remains an avoid for investors.

QYLD: What Did I Get Wrong

Covered call funds provide investors with strong yields. Almost all covered call funds have underperformed YTD, although margins do vary. An explanation as to why follows.

Why Have QYLD And Other Covered Call Funds Underperformed YTD?

The VIX is at its lowest level since January 2020, indicating low implied volatility and modest option premium. I am downgrading the Global X NASDAQ 100 Covered Call ETF from a buy to a hold, as tech leadership is giving way to other sectors. Investors should consider reallocating to small caps, cyclical sectors, and the value sector for the second half of the year.

QYLD: Tame Implied Volatility, Not Much Call-Selling Income To Collect (Rating Downgrade)

FlexShares Morningstar Global Upstream Natural Resources Index Fund

FlexShares High Yield Value-Scored Bond Index Fund

Teucrium Aila Long-Short Agriculture ETF

Teucrium AiLA Long-Short Base Metals Strategy ETF

VanEck Vectors Semiconductor ETF

Vanguard Information Technology ETF

Technology Select Sector SPDR Fund

On this episode of ETF Prime, VettaFi's Lara Crigger discussed two of the biggest ETF trends in 2023 with host Nate Geraci.

ETF Prime: Lara Crigger Talks 2 Major ETF Trends in 2023

Kraneshares China Internet And Covered Call Strategy Etf

The JPMorgan Equity Premium Income ETF (JEPI) has become one of the darlings of the ETF industry. The actively managed covered call ETF has gathered $9 billion of net inflows in 2023 and $18 billion in the past 12 months, per VettaFi LOGICLY data.

Goldman Poised to Launch Covered Call ETFs

A buy-write, also known as a covered call strategy, is an investment strategy used to generate income and potentially hedge against downside risk.

Buy-Write ETFs to Consider in a Shaky Market

QYLD has rebounded 17.13% from its 52-week lows, and in 2023 QYLD has appreciated by 10.78%. Since its inception, QYLD has delivered 112 consecutive monthly distributions to its shareholders and established a long-term record of generating income.

QYLD Has Been Rebounding While Generating Double-Digit Yields

QYLD is underperforming in 2023, and I think there's more to come. Nearly 100% of distributions have been investor capital.

QYLD: Run Far, Far Away (Rating Downgrade)

The purpose of this article is to update an article I published about 1 year ago in June 2022 regarding covered-call ETFs. More specifically, the thesis is to downgrade my ratings on Global X Russell 2000 Covered Call ETF and Global X NASDAQ 100 Covered Call ETF.

QYLD And RYLD: Yield Spread Narrowed And Ratings Downgraded

The Global X Nasdaq 100 Covered Call ETF (QYLD)  stock price has been in a strong bullish trend this year, helped by the strong performance of technology stocks. QYLD shares jumped to a high of $17.6, the highest level since May 5 last year.

Here's why QYLD ETF is better than QQQ despite its 12% yield

QYLD is a popular covered call fund attracting interest of income oriented investors. It is typically expected to outperform when the market is flat or trending down.

News for Global X NASDAQ 100 Covered Call ETF ETF (QYLD)