QYLG

Global X Nasdaq 100 Covered Call & Growth ETF

QQQIssuer: Global XInception: September 24, 2020

6.4

Overall Score

Strategy & Profile

Nasdaq-100 version of XYLG. Writes calls on 50% of the QQQ portfolio. Same hybrid approach between QYLD (100% covered) and QQQ (0% covered).

TTM Yield: ~6%

Strengths

  • ✓Good upside participation (8.26/10)
  • ✓Nasdaq exposure with partial income
  • ✓Long track record (since 2020)

Weaknesses

  • ✗Low downside protection (4.12/10)
  • ✗Lower yield than QYLD
  • ✗Half-coverage limits premium income

Investor Profile

Tech-oriented investor wanting Nasdaq exposure with partial income overlay

Verdict

Same logic as XYLG but on Nasdaq — better suited for growth-focused investors than income-focused ones

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Key Metrics

Expense Ratio

0.600%

Inception Date

September 24, 2020

Benchmark

QQQ

Category

Covered Call - Half

Distribution Frequency

Monthly

Maturity Rating

4/5 stars

Scores calculated using CoveredRank methodology. Every formula is published and reproducible.

See full methodology→

Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.