Global X Nasdaq 100 Covered Call & Growth ETF (QYLG)Derivative Income | Exchange Traded Fund | NasdaqGM
29.64 USD
-0.54
(-1.773%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 29.67 +0.03 (0.085%) ⇧ (July 13, 2026, 7:06 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:52 a.m. EDT
The long-term outlook is severely compromised by a structural decline in the underlying asset class. While the headline yield is attractive, the price history reveals a brutal reality: over the last four years, the fund has lost over 12% of its value while the broader Nasdaq tripled. The most recent annual return was a significant drop, confirming that the strategy of selling calls to generate income has failed to protect capital during this specific market cycle. The recent price action shows the fund hovering near its 52-week lows, struggling to find support. The options market reinforces this pessimism, with traders buying protection (puts) rather than betting on upside. Despite the generous dividend yield, the relentless erosion of the share price means investors are likely seeing their principal value shrink faster than the dividends can replace it. This is a classic case where a high yield is masking a deteriorating business model. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.040865 |
| AutoETS | 0.046555 |
| AutoARIMA | 0.046556 |
| AutoTheta | 0.050176 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 2.76 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.531 |
| Excess Kurtosis | -0.23 |
| Attribute | Value |
|---|---|
| Trailing P/E | 31.90 |
As of July 11, 2026, 6:52 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest relative to calls, creating a distinct 'bear put' skew. This suggests a fear of downside volatility rather than a bullish bet on rallies. The implied volatility for puts is significantly elevated compared to calls, indicating the market prices in a higher probability of a sharp drop than a comparable rise.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.69% | 17.64% | 16.34% | 14.06% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-22 | 0.208 | 0.686582 |
| 2026-05-18 | 0.207 | 0.710730 |
| 2026-04-20 | 0.153 | 0.547406 |
| 2026-03-23 | 0.184 | 0.701647 |
| 2026-02-23 | 0.146 | 0.546550 |
| 2026-01-20 | 0.157 | 0.582344 |
| 2025-12-30 | 2.778 | 10.134987 |
| 2025-12-22 | 0.162 | 0.537117 |
| 2025-11-24 | 0.276 | 0.934643 |
| 2025-10-20 | 0.240 | 0.806181 |
| 2025-09-22 | 0.144 | 0.490129 |
| 2025-08-18 | 0.136 | 0.477143 |
| 2025-07-21 | 0.136 | 0.483556 |
| 2025-06-23 | 0.160 | 0.590188 |
| 2025-05-19 | 0.176 | 0.658436 |
| 2025-04-21 | 0.229 | 0.963805 |
| 2025-03-24 | 0.164 | 0.618168 |
| 2025-02-24 | 0.128 | 0.451658 |
| 2025-01-21 | 0.159 | 0.555944 |
| 2024-12-30 | 5.298 | 18.753982 |
| 2024-11-18 | 0.176 | 0.542875 |
| 2024-10-21 | 0.187 | 0.575739 |
| 2024-09-23 | 0.178 | 0.558344 |
| 2024-08-19 | 0.204 | 0.643533 |
| 2024-07-22 | 0.168 | 0.529301 |
| 2024-06-24 | 0.144 | 0.459770 |
| 2024-05-20 | 0.139 | 0.454783 |
| 2024-04-22 | 0.147 | 0.506198 |
| 2024-03-18 | 0.157 | 0.521248 |
| 2024-02-20 | 0.151 | 0.509275 |
| 2024-01-22 | 0.150 | 0.507442 |
| 2023-12-28 | 0.144 | 0.497409 |
| 2023-11-20 | 0.128 | 0.458453 |
| 2023-10-23 | 0.133 | 0.507440 |
| 2023-09-18 | 0.139 | 0.510654 |
| 2023-08-21 | 0.135 | 0.498339 |
| 2023-07-24 | 0.141 | 0.503751 |
| 2023-06-20 | 0.139 | 0.506191 |
| 2023-05-22 | 0.124 | 0.474732 |
| 2023-04-24 | 0.126 | 0.502192 |
| 2023-03-20 | 0.123 | 0.504512 |
| 2023-02-21 | 0.122 | 0.515856 |
| 2023-01-23 | 0.115 | 0.485642 |
| 2022-12-29 | 0.113 | 0.510619 |
| 2022-11-21 | 0.116 | 0.503472 |
| 2022-10-24 | 0.111 | 0.487698 |
| 2022-09-19 | 0.118 | 0.502770 |
| 2022-08-22 | 0.133 | 0.524035 |
| 2022-07-18 | 0.121 | 0.495495 |
| 2022-06-21 | 0.116 | 0.487805 |
| 2022-05-23 | 0.122 | 0.499652 |
| 2022-04-18 | 0.145 | 0.512730 |
| 2022-03-21 | 0.146 | 0.506417 |
| 2022-02-22 | 0.142 | 0.511343 |
| 2022-01-24 | 0.144 | 0.500695 |
| 2021-12-30 | 3.207 | 9.984434 |
| 2021-11-22 | 0.159 | 0.472652 |
| 2021-10-18 | 0.141 | 0.435723 |
| 2021-09-20 | 0.139 | 0.437258 |
| 2021-08-23 | 0.140 | 0.429580 |
| 2021-07-19 | 0.158 | 0.507207 |
| 2021-06-21 | 0.137 | 0.444517 |
| 2021-05-24 | 0.150 | 0.495704 |
| 2021-04-19 | 0.156 | 0.507482 |
| 2021-03-22 | 0.147 | 0.494201 |
| 2021-02-22 | 0.156 | 0.515192 |
| 2021-01-19 | 0.150 | 0.500350 |
| 2020-12-30 | 0.149 | 0.500840 |
| 2020-11-23 | 0.142 | 0.503314 |
| 2020-10-19 | 0.140 | 0.510800 |
| Attribute | Value |
|---|---|
| All Time High | 34.2 |
| All Time Low | 21.055 |
| Ask | 29.7 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 43,140 |
| Average Daily Volume3 Month | 41,955 |
| Average Volume | 41,955 |
| Average Volume10Days | 43,140 |
| Beta3 Year | 0.87 |
| Bid | 29.49 |
| Bid Size | 1 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.905 |
| Day Low | 29.56 |
| Dividend Yield | 5.42 |
| Eps Trailing Twelve Months | 0.9293113 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 29.65102 |
| Fifty Day Average Change | -0.0061206818 |
| Fifty Day Average Change Percent | -0.00020642398 |
| Fifty Two Week Change Percent | 7.6025724 |
| Fifty Two Week High | 30.725 |
| Fifty Two Week High Change | -1.080101 |
| Fifty Two Week High Change Percent | -0.035153817 |
| Fifty Two Week Low | 25.01 |
| Fifty Two Week Low Change | 4.634899 |
| Fifty Two Week Low Change Percent | 0.18532184 |
| Fifty Two Week Range | 25.01 - 30.725 |
| First Trade Date Milliseconds | 1,600,867,800,000 |
| Five Year Average Return | 0.1214914 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Global X Funds |
| Fund Inception Date | 1,600,387,200 |
| 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 invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ 100® Index (the "reference index"), and "writes" (or sells) a succession of one-month at-the-money covered call options on the reference index. It generally will use a replication strategy. The fund is non-diversified. |
| Long Name | Global X Nasdaq 100 Covered Call & Growth ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_675563565 |
| Nav Price | 30.02 |
| Net Assets | 159,827,648.0 |
| Net Expense Ratio | 0.35 |
| Open | 29.72 |
| Phone | +1 8884938631 |
| Post Market Change | 0.025100708 |
| Post Market Change Percent | 0.08467125 |
| Post Market Price | 29.67 |
| Post Market Time | 1,783,983,967 |
| Previous Close | 30.18 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.53510094 |
| Regular Market Change Percent | -1.7730316 |
| Regular Market Day High | 29.905 |
| Regular Market Day Low | 29.56 |
| Regular Market Day Range | 29.56 - 29.905 |
| Regular Market Open | 29.72 |
| Regular Market Previous Close | 30.18 |
| Regular Market Price | 29.6449 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 73,682 |
| Short Name | Global X Nasdaq 100 Covered Cal |
| Source Interval | 15 |
| Symbol | QYLG |
| Three Year Average Return | 0.20388019 |
| Total Assets | 159,827,648 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 31.89986 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 19.25355 |
| Trailing Three Month Returns | 19.25355 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.672035 |
| Two Hundred Day Average Change | 0.97286415 |
| Two Hundred Day Average Change Percent | 0.033930767 |
| Type Disp | ETF |
| Volume | 73,682 |
| Yield | 0.0542 |
| Ytd Return | 15.56762 |