Apple

Microsoft

NVIDIA

Broadcom

Amazon

Tesla

Alphabet

Costco

Global X Nasdaq 100 Covered Call & Growth ETF

QYLG tracks an index that holds Nasdaq 100 stocks and sells call options on half the value of those stocks, to collect the premiums and allow for growth.

QYLG offers monthly income via a covered call strategy on 50% of its Nasdaq 100 portfolio, balancing yield and limited capital appreciation. The ETF's strategy caps upside potential, making it suitable for income-focused investors but less ideal for long-term capital growth. Alternatives like QYLD, JEPQ, and QQQI provide higher yields but lower overall total returns.

QYLG: Capturing Income And Riding The Nasdaq Wave

QYLG sells at-the-money call options on 50% of its portfolio, balancing capital appreciation and income, unlike QYLD, which erodes principal over time. The fund has performed as expected and provided a middle ground to capture both capital appreciation and income. Despite QYLG's performance, it is not recommended for long-term investors due to its inability to adapt to market conditions.

QYLG: Better Nasdaq 100 Buy/Write Funds Exist

Goldman Sachs Nasdaq-100 Core Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

Global X NASDAQ 100 Covered Call ETF

Goldman Sachs Nasdaq-100 Core Premium Income ETF is a top-performing covered call fund focused on the Nasdaq index.

GPIQ: So Far So Good In This New Fund

Global X Nasdaq 100 Covered Call & Growth ETF implements a 50% buy-write strategy on the Nasdaq 100. Its objective is to generate income while keeping more growth potential than a 100% buy-write ETF like QYLD. QYLG has performed quite well compared to its peers over the last 2 years, although it is lagging a bit behind JEPQ.

QYLG: A Buy-Write ETF Keeping Some Growth Potential

The Global X Nasdaq 100 Covered Call & Growth ETF combines covered calls with capital growth potential. QYLG aims to generate income through selling call options while maintaining exposure to the Nasdaq 100 Index's growth prospects. QYLG offers a balance between income generation and capital appreciation, appealing to investors seeking a middle ground between high-yield and growth-focused funds.

QYLG: A Good Transition Away From Straight Nasdaq With Some Downside Benefits

Fidelity NASDAQ Composite Index

First Trust NASDAQ-100 Equal Weighted Index Fund

Invesco QQQ

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

Direxion NASDAQ-100 Equal Weighted Index Shares

Invesco NASDAQ Next Gen 100 ETF

Invesco Nasdaq 100 ETF

VictoryShares Nasdaq Next 50 ETF

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

First Trust NASDAQ-100 Technology Sector Index Fund

The mega-cap Tech-heavy Nasdaq 100 is up nearly 1% today as of this writing, which leaves it up 4.5% already in 2024. The Nasdaq 100 is now up 64% during its current bull market that began on 12/28/22.

Nonstop Nasdaq

Global X Nasdaq 100 Covered Call & Growth ETF writes covered calls on 50% of its holdings, offering better returns and participation in upside compared to its sister QYLD. QYLG offers less protection in bear markets compared to QYLD, resulting in lower total returns during market downturns. QYLG's NAV has shown no decay and its dividends have remained stable, making it a potentially attractive option for long-term investors.

QYLG: The Better Cousin Of QYLD

Global X S&P 500 Covered Call & Growth ETF

When it comes to equity income, there's a perception that dividend-paying companies are light on growth. The recent space of debuted and growing payouts among tech giants such as Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT), among others, has altered that scenario for the better.

Right Covered Call ETFs Can Offer Income, Growth

Nuveen NASDAQ 100 Dynamic Overwrite Fund

The Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) and Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) both overwrite approximately 50% of their portfolios, but QQQX has lagged behind QYLG in total returns. QQQX has a higher expense ratio (0.92%) compared to QYLG (0.6%) and its 'dynamic' overwriting strategy appears to add 'negative alpha' compared to Global X's mechanical overwriting strategy. The author recommends investors currently holding QQQX to consider switching to QYLG.

QQQX Vs. QYLG: Which ETF Is Better?

This article provides an overview of the Global X Nasdaq 100 Covered Call & Growth ETF. The QYLG ETF shares operating similarities with the QYLD ETF that I am cautious on. However, the key difference is that QYLG only overwrites 50% of its portfolio. This allows for modest capital appreciation and an attractive distribution. Compared to the SPY ETF, the QYLG ETF may be a better mouse trap with higher total returns and yield.

QYLG: Performance Based On Capital Appreciation And Yield

QYLG invests in Nasdaq-100 components and sells covered calls on 50% of its holding. The fund's strategy is extremely similar to 50% QQQ plus 50% QYLD, but there are some differences.

QYLG Or QQQ + QYLD: Which Is A Better Investment?

QYLG takes the effort out of understanding options by providing an ETF that does the legwork for you. The fund sells at-the-money calls against the underlying Nasdaq 100.

QYLG: Autopilot Options Selling On Nasdaq 100

Covered call funds have been embraced for their income potential and QQQX is no different. We examine the fund, the current setup and tell you why we think this fund is easy to sell.

QQQX: A Switch To QYLG Makes Sense

I look at QYLG and QYLD from 2021 forward and in 2022 alone to see how they compare to each other. QYLG and QYLD both utilize a buy-write strategy on the Nasdaq 100 but QYLG only writes covered calls on 50% of its assets while QYLD covers 100%.

QYLG And If It's A Better Investment Than QYLD

QYLG is a Nasdaq 100 covered call ETF. It offers investors a strong, fully-covered 6.4% dividend yield, and moderate upside potential but is significantly overweight mega-cap tech stocks.

QYLG: Nasdaq 100 Covered Call ETF, Fully-Covered 6.4% Dividend Yield, Moderate Upside Potential

Global X's thematic ETF QYLG seeks to manage risk through recourse to call options. It tracks the Nasdaq 100, selling call options against its holdings.

QYLG: Buy Write Not Right Just Now

Investors should expect more downside pressure in major US equity indices and shouldn't be fooled by bear market rallies. The recent economic data confirms that US stocks will continue to face headwinds in the months ahead.

QYLG: EPS Revisions Are The Next Big Risk For U.S. Stocks

The Global X Nasdaq 100 Covered Call & Growth ETF invests in the NASDAQ 100, with a 50% Covered Call strategy. The Nuveen Nasdaq 100 Dynamic Overwrite Fund is a closed-end fund that also invests in the NASDAQ 100 but with a 35-75% Covered Call overwrite strategy. Target coverage is 55%.

QYLG Vs. QQQX: Readers Say A Better Nasdaq 100 Comparison

While my view on QYLG hasn't changed since my previous article, I believe the macro outlook is now more bearish for US equities than 7 months ago.

QYLG: Inflation Is A Game-Changer For U.S. Stocks

QYLG and XYLG are the cousin funds to QYLD and XYLD which only utilize a 50% covered call strategy to generate income so investors can also recognize capital appreciation gains. I do a side-by-side comparison of QYLG and XYLG over the same period with reinvesting the distributions and also without reinvesting the distributions.

QYLG And XYLG Are Hybrid Funds Generating Income And Growth, But Which Is The Better Buy?

QYLG is an exchange traded fund that provides exposure to Nasdaq 100 constituents.

QYLG: A Covered Call ETF With Growth

Ares Capital

Broadmark Realty Capital Inc.

Intel

AT&T

After 40 weeks and $4,000, the Dividend Harvesting Portfolio is generating $263.680 in estimated annual income and $21.97 in monthly estimated income.

Dividend Harvesting Week 40 Update, $4,000 Allocated, $263.68 In Annual Dividends Yielding 6.81% Across 58 Positions

Global X Nasdaq 100 Risk Managed Income ETF

Global X NASDAQ 100 Tail Risk ETF

Global X S&P 500 Tail Risk ETF

Investors have enjoyed great runs in the equities and fixed-income markets, but with traditional assets hitting new record highs, investors are more susceptible to greater downside risks. Investors may consider options-based strategies to help mitigate that potential downside and better manage their future risks.

How Options-Based Strategies May Provide Protection

QYLG uses derivatives through a covered call strategy to provide monthly dividends. Since its launch in September 2020, QYLG has proved it can deliver solid returns: +22.6% capital appreciation on top of a 4-5% dividend yield.

QYLG: A Monthly Dividend-Paying ETF Providing Capital Appreciation Opportunity

An appetite for growth is returning to the capital markets. Investors can take advantage with assets like the Global X Nasdaq 100 Covered Call & Growth ETF (QYLG).

News for Global X Nasdaq 100 Covered Call & Growth ETF ETF (QYLG)