Global X NASDAQ 100 Covered Call ETF (QYLD)Derivative Income | Exchange Traded Fund | NasdaqGM
18.26 USD
-0.02
(-0.109%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 18.28 +0.02 (0.101%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:12 a.m. EDT
The 12% yield is a siren song masking a decade-long structural decline. While the recent price action shows a slight uptick against the 200-day average, the underlying business has been punished by the market for nine consecutive years of underperformance, culminating in a 24% drop since inception. The options market confirms this fear, with traders aggressively buying deep out-of-the-money puts while ignoring upside potential. This is not a classic value trap where the price is cheap relative to assets; it is a structural failure of the covered call strategy in a high-volatility environment. The dividend is generous but comes at the cost of capital preservation, making it unsuitable for long-term wealth accumulation despite its attractive headline yield. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.012436 |
| AutoTheta | 0.012484 |
| AutoARIMA | 0.012579 |
| MSTL | 0.012672 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 65% |
| H-stat | 0.22 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.085 |
| Excess Kurtosis | 0.16 |
| Attribute | Value |
|---|---|
| Trailing P/E | 30.30 |
As of Aug. 22, 2026, 4:12 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts (99% of put volume) and significant new flow into deep OTM strikes (15% strike). Conversely, call activity is concentrated in the money, suggesting a defensive stance rather than a bullish bet on appreciation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.01% | 12.11% | 12.26% | 12.38% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-24 | 0.183 | 1.013289 |
| 2026-07-20 | 0.178 | 1.007928 |
| 2026-06-22 | 0.185 | 1.010377 |
| 2026-05-18 | 0.179 | 1.010728 |
| 2026-04-20 | 0.179 | 1.011871 |
| 2026-03-23 | 0.172 | 1.000000 |
| 2026-02-23 | 0.177 | 1.015491 |
| 2026-01-20 | 0.179 | 1.024027 |
| 2025-12-22 | 0.178 | 1.007928 |
| 2025-11-24 | 0.173 | 0.998269 |
| 2025-10-20 | 0.173 | 1.002317 |
| 2025-09-22 | 0.170 | 1.002950 |
| 2025-08-18 | 0.168 | 1.006591 |
| 2025-07-21 | 0.165 | 0.990396 |
| 2025-06-23 | 0.166 | 1.004843 |
| 2025-05-19 | 0.165 | 1.011649 |
| 2025-04-21 | 0.160 | 1.023018 |
| 2025-03-24 | 0.170 | 1.004135 |
| 2025-02-24 | 0.165 | 0.905102 |
| 2025-01-21 | 0.188 | 1.018418 |
| 2024-12-30 | 0.339 | 1.853472 |
| 2024-11-18 | 0.180 | 1.000556 |
| 2024-10-21 | 0.183 | 1.008264 |
| 2024-09-23 | 0.181 | 1.008919 |
| 2024-08-19 | 0.179 | 1.002801 |
| 2024-07-22 | 0.177 | 0.997745 |
| 2024-06-24 | 0.169 | 0.964062 |
| 2024-05-20 | 0.163 | 0.930897 |
| 2024-04-22 | 0.172 | 0.998839 |
| 2024-03-18 | 0.178 | 1.003948 |
| 2024-02-20 | 0.177 | 1.009122 |
| 2024-01-22 | 0.179 | 1.014739 |
| 2023-12-28 | 0.166 | 0.955671 |
| 2023-11-20 | 0.161 | 0.947059 |
| 2023-10-23 | 0.167 | 1.005418 |
| 2023-09-18 | 0.172 | 1.008206 |
| 2023-08-21 | 0.173 | 1.002317 |
| 2023-07-24 | 0.180 | 1.007839 |
| 2023-06-20 | 0.177 | 1.007399 |
| 2023-05-22 | 0.168 | 0.963303 |
| 2023-04-24 | 0.173 | 1.010219 |
| 2023-03-20 | 0.169 | 1.007752 |
| 2023-02-21 | 0.167 | 1.023284 |
| 2023-01-23 | 0.170 | 1.013715 |
| 2022-12-29 | 0.161 | 1.011307 |
| 2022-11-21 | 0.165 | 1.016010 |
| 2022-10-24 | 0.163 | 1.017478 |
| 2022-09-19 | 0.165 | 1.008557 |
| 2022-08-22 | 0.181 | 1.023756 |
| 2022-07-18 | 0.181 | 1.016854 |
| 2022-06-21 | 0.174 | 1.000000 |
| 2022-05-23 | 0.179 | 1.011871 |
| 2022-04-18 | 0.205 | 1.005395 |
| 2022-03-21 | 0.210 | 1.017442 |
| 2022-02-22 | 0.202 | 1.020202 |
| 2022-01-24 | 0.203 | 1.000000 |
| 2021-12-30 | 0.499 | 2.243705 |
| 2021-11-22 | 0.225 | 0.992501 |
| 2021-10-18 | 0.197 | 0.872840 |
| 2021-09-20 | 0.190 | 0.851254 |
| 2021-08-23 | 0.188 | 0.822038 |
| 2021-07-19 | 0.223 | 1.012256 |
| 2021-06-21 | 0.194 | 0.875056 |
| 2021-05-24 | 0.221 | 1.000000 |
| 2021-04-19 | 0.228 | 1.015590 |
| 2021-03-22 | 0.224 | 0.999108 |
| 2021-02-22 | 0.233 | 1.021034 |
| 2021-01-19 | 0.229 | 0.998256 |
| 2020-12-30 | 0.230 | 1.008330 |
| 2020-11-23 | 0.223 | 1.004504 |
| 2020-10-19 | 0.217 | 1.016393 |
| 2020-09-21 | 0.212 | 1.005216 |
| 2020-08-24 | 0.220 | 1.007326 |
| 2020-07-20 | 0.214 | 0.996276 |
| 2020-06-22 | 0.209 | 1.000958 |
| 2020-05-18 | 0.204 | 0.996580 |
| 2020-04-20 | 0.199 | 1.016343 |
| 2020-03-23 | 0.181 | 1.005556 |
| 2020-02-24 | 0.238 | 1.037942 |
| 2020-01-21 | 0.199 | 0.837190 |
| 2019-12-30 | 0.165 | 0.699894 |
| 2019-11-20 | 0.195 | 0.840880 |
| 2019-10-23 | 0.177 | 0.775296 |
| 2019-09-25 | 0.175 | 0.771945 |
| 2019-08-21 | 0.227 | 1.003537 |
| 2019-07-24 | 0.171 | 0.731551 |
| 2019-06-26 | 0.215 | 0.945471 |
| 2019-05-22 | 0.211 | 0.944494 |
| 2019-04-24 | 0.179 | 0.782856 |
| 2019-03-20 | 0.204 | 0.900463 |
| 2019-02-20 | 0.185 | 0.831274 |
| 2019-01-23 | 0.217 | 1.002773 |
| 2018-12-28 | 0.172 | 0.816133 |
| 2018-11-21 | 0.225 | 0.995575 |
| 2018-10-24 | 0.247 | 1.077661 |
| 2018-09-26 | 0.201 | 0.802395 |
| 2018-08-22 | 0.226 | 0.905812 |
| 2018-07-25 | 0.181 | 0.724580 |
| 2018-06-20 | 0.200 | 0.815993 |
| 2018-05-23 | 0.216 | 0.880554 |
| 2018-04-25 | 0.234 | 0.989429 |
| 2018-03-21 | 0.249 | 1.007689 |
| 2018-02-21 | 0.249 | 1.003223 |
| 2018-01-24 | 0.250 | 1.006036 |
| 2017-12-20 | 0.247 | 1.002842 |
| 2017-11-22 | 0.132 | 0.539657 |
| 2017-09-20 | 0.154 | 0.645784 |
| 2017-08-23 | 0.203 | 0.859441 |
| 2017-07-26 | 0.159 | 0.665550 |
| 2017-06-21 | 0.221 | 0.930135 |
| 2017-05-24 | 0.126 | 0.530750 |
| 2017-04-26 | 0.145 | 0.617810 |
| 2017-03-22 | 0.123 | 0.535481 |
| 2017-02-22 | 0.100 | 0.432620 |
| 2017-01-25 | 0.128 | 0.557491 |
| 2016-12-21 | 0.146 | 0.650334 |
| 2016-11-23 | 0.162 | 0.722569 |
| 2016-10-26 | 0.149 | 0.669362 |
| 2016-09-21 | 0.194 | 0.877828 |
| 2016-08-24 | 0.130 | 0.595511 |
| 2016-07-20 | 0.141 | 0.645900 |
| 2016-06-22 | 0.202 | 0.937355 |
| 2016-05-25 | 0.171 | 0.784944 |
| 2016-04-20 | 0.156 | 0.697363 |
| 2016-02-24 | 0.220 | 1.009174 |
| 2015-12-23 | 0.215 | 0.922351 |
| 2015-11-25 | 0.181 | 0.768251 |
| 2015-10-21 | 0.214 | 0.924007 |
| 2015-09-23 | 0.222 | 0.978836 |
| 2015-08-26 | 0.204 | 0.948837 |
| 2015-07-22 | 0.152 | 0.637611 |
| 2015-06-24 | 0.150 | 0.630252 |
| 2015-05-20 | 0.169 | 0.719455 |
| 2015-04-22 | 0.153 | 0.648855 |
| 2015-03-25 | 0.160 | 0.684141 |
| 2015-01-21 | 0.230 | 0.986659 |
| 2014-12-24 | 0.144 | 0.600250 |
| 2014-10-22 | 0.241 | 1.011330 |
| 2014-09-24 | 0.195 | 0.779688 |
| 2014-08-20 | 0.222 | 0.882002 |
| 2014-07-23 | 0.209 | 0.826740 |
| 2014-06-25 | 0.213 | 0.851319 |
| 2014-05-21 | 0.245 | 0.980000 |
| 2014-04-23 | 0.263 | 1.066937 |
| 2014-03-26 | 0.193 | 0.769231 |
| 2014-02-26 | 0.193 | 0.755677 |
| 2014-01-22 | 0.257 | 1.006659 |
| Attribute | Value |
|---|---|
| All Time High | 26.0 |
| All Time Low | 14.475 |
| Ask | 18.08 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 4,271,090 |
| Average Daily Volume3 Month | 4,907,769 |
| Average Volume | 4,907,769 |
| Average Volume10Days | 4,271,090 |
| Beta3 Year | 0.49 |
| Bid | 18.07 |
| Bid Size | 326 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.32 |
| Day Low | 18.23 |
| Dividend Date | 1,496,102,400 |
| Dividend Yield | 9.88 |
| Eps Trailing Twelve Months | 0.6026427 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.0596 |
| Fifty Day Average Change | 0.2003994 |
| Fifty Day Average Change Percent | 0.011096558 |
| Fifty Two Week Change Percent | 10.199154 |
| Fifty Two Week High | 18.54 |
| Fifty Two Week High Change | -0.2800007 |
| Fifty Two Week High Change Percent | -0.015102518 |
| Fifty Two Week Low | 16.42 |
| Fifty Two Week Low Change | 1.8400002 |
| Fifty Two Week Low Change Percent | 0.112058476 |
| Fifty Two Week Range | 16.42 - 18.54 |
| First Trade Date Milliseconds | 1,386,858,600,000 |
| Five Year Average Return | 0.091323994 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.0200005 |
| Fullday Change Percent | -0.109412 |
| Fullday Price | 18.2784 |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,386,720,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100® BuyWrite Index is a benchmark index that 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. It is non-diversified. |
| Long Name | Global X NASDAQ 100 Covered Call ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_247675570 |
| Nav Price | 18.28 |
| Net Assets | 8,090,513,400.0 |
| Net Expense Ratio | 0.6 |
| Open | 18.26 |
| Phone | +1 8884938631 |
| Post Market Change | 0.018400192 |
| Post Market Change Percent | 0.100767754 |
| Post Market Price | 18.2784 |
| Post Market Time | 1,787,961,317 |
| Previous Close | 18.28 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0200005 |
| Regular Market Change Percent | -0.109412 |
| Regular Market Day High | 18.32 |
| Regular Market Day Low | 18.23 |
| Regular Market Day Range | 18.23 - 18.32 |
| Regular Market Open | 18.26 |
| Regular Market Previous Close | 18.28 |
| Regular Market Price | 18.26 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 5,647,307 |
| Short Name | Global X NASDAQ 100 Covered Cal |
| Source Interval | 15 |
| Symbol | QYLD |
| Three Year Average Return | 0.16961679 |
| Total Assets | 8,090,513,408 |
| Tradeable | 0 |
| Trailing P E | 30.299877 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 2.57063 |
| Trailing Three Month Returns | 2.57063 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.7743 |
| Two Hundred Day Average Change | 0.4857006 |
| Two Hundred Day Average Change Percent | 0.027326005 |
| Type Disp | ETF |
| Volume | 5,647,307 |
| Yield | 0.0988 |
| Ytd Return | 10.85974 |