Global X Nasdaq 100 Covered Call ETF Performance Metrics and Analysis

The Global X Nasdaq 100 Covered Call ETF is designed to track the performance of the Nasdaq 100 Index, with a twist: it generates income through the sale of call options.

The fund's investment objective is to provide a higher yield than the underlying Nasdaq 100 Index, making it an attractive option for income-seeking investors.

The ETF typically holds a portfolio of stocks that make up the Nasdaq 100 Index, with a focus on the largest and most liquid companies.

With a management fee of 0.59%, the fund aims to provide a competitive yield while minimizing costs for investors.

The Global X NASDAQ 100 Covered Call ETF offers a unique investment opportunity, and understanding its metrics can help you make informed decisions.

The fund invests at least 80% of its total assets in the securities of the underlying index, which is the CBOE NASDAQ-100 BuyWrite Index.

This index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100 Index, and writes (or sells) a succession of one-month at-the-money NASDAQ-100 Index covered call options.

Here are some key metrics to keep in mind:

The fund's performance is not guaranteed, and future values will vary. It's essential to consider the fund's expenses, such as management fees and other fund expenses, when evaluating its performance.

Portfolio Investment Metrics are crucial to understanding how your investments are performing.

The standard deviation is a key metric that measures the volatility of the fund's returns. In the case of the Global X NASDAQ 100 Covered Call ETF, the standard deviation is not explicitly stated.

The percentage of options that are out of the money (OTM) by month-end is a useful metric to track. According to the Portfolio Investment Metrics, the percentage of options OTM by month-end is not explicitly stated.

To get a better sense of the fund's performance, it's essential to look at the Growth of 10K chart, which represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis.

The Global X NASDAQ 100 Covered Call ETF offers a unique distribution and yield profile that's worth exploring. The most recent distribution per unit is $0.10750.

This ETF distributes its income on a monthly basis, providing regular cash flow to investors. Distribution frequency is monthly.

Investors who held the ETF over the last 12 months would have seen a yield of 9.87% based on the net asset value per unit on the last business day of the most recent month end. This is a significant return on investment.

The annualized distribution yield is calculated by taking the most recent regular distribution and dividing it by the net asset value as at [Month, Date, Year]. This yield can fluctuate over time.

One of the key benefits of this ETF is its high-income potential, which is achieved through covered call writing. This strategy can produce higher yields in periods of volatility, but it may also limit the upside potential of the underlying security.

The Global X Nasdaq 100 Covered Call ETF holds one or more investment funds, including those managed by Global X Investments Canada Inc. or its affiliates.

Global X ensures that no duplicate fees are charged to the ETF and subsequently passed on to investors, particularly in cases where the ETF and the underlying investment funds it holds provide the same service.

The Global X Nasdaq 100 Covered Call ETF, also known as QYLD, is an investment fund that seeks to provide investment results that correspond to the price and yield performance of the CBOE Nasdaq-100 BuyWrite V2 Index.

The fund follows a covered call or buy-write strategy, where it buys stocks in the Nasdaq 100 Index and writes corresponding call options on the same index. This strategy aims to enhance the portfolio's risk-adjusted returns, reduce volatility, and generate monthly income from the premiums received by writing call options.

The fund invests at least 80% of its total assets in the securities of the underlying index, which is the CBOE Nasdaq-100 BuyWrite Index. This index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Nasdaq-100 Index and writes one-month at-the-money NASDAQ-100 Index covered call options.

The fund is non-diversified, which means it may be more susceptible to market fluctuations. However, the covered call strategy can potentially reduce volatility and generate income, making it an attractive option for investors seeking to balance risk and return.

Here are some key performance metrics for QYLD:

These metrics can help investors track the fund's performance and make informed decisions about their investments.

The Global X NASDAQ-100 Covered Call ETF has delivered impressive returns over the years, with a 1-year return of 32.77%.

Its 3-year return of 18.11% is a significant achievement, indicating a stable and consistent performance over time. The ETF's 5-year return of 11.48% shows a steady growth trend.

Here's a breakdown of the ETF's performance over different time periods:

The ETF's performance since inception on September 13, 2011, is also noteworthy, with a 10-year return of 6.45%.

When looking at the yearly performance of the Global X NASDAQ-100 Covered Call ETF, we see some significant fluctuations. The ETF had a 18.50% return in 2017, but then experienced a -15.98% decline in 2018.

The ETF's performance improved in 2019 with a 16.61% return, but took a hit in 2020 with a -3.53% decline. However, it bounced back in 2021 with an 8.31% return.

Let's take a closer look at the numbers:

It's worth noting that the Global X NASDAQ-100 Index ETF had a 99.87% market value of options, which is a significant difference from the covered call ETF.

When evaluating the performance of the Global X NASDAQ-100 Covered Call ETF, it's essential to consider the returns over various time periods. The annualized performance for this ETF is impressive, with a 1-year return of 32.77%.

The ETF has consistently delivered strong returns, with a 3-year return of 18.11% and a 5-year return of 11.48%. This is a testament to the fund's ability to generate steady growth over the long term.

Let's take a closer look at the performance metrics for the Global X NASDAQ-100 Covered Call ETF. Here's a summary of the key statistics:

The fund's performance since inception on September 13, 2011, is also noteworthy, with a total return of 5.31% over this period. This demonstrates the fund's ability to generate steady returns over the long term.

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The Global X NASDAQ-100 Covered Call ETF has consistently delivered superior total returns, outperforming its sector peers on average annual total returns basis over the past 5 years.

Its impressive track record is reflected in its annualized performance, with a 1-year return of 32.77% and a 3-year return of 18.11%.

In terms of calendar year performance, the ETF has shown significant growth, with a 2023 return of 36.34% and a 2024 return of 32.77%.

Here's a breakdown of the ETF's performance over the past few years:

The ETF's valuation growth and performance are also noteworthy, with a 3-year return of 5.82% and a 5-year return of 7.31%.