(QYLD) NASDAQ 100 Covered Call - Overview
Etf: Covered Call, Nasdaq 100, Options, Equity
Dividends
| Dividend Yield | 11.97% |
| Yield on Cost 5y | 15.99% |
| Yield CAGR 5y | -8.03% |
| Payout Consistency | 91.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 18.1% |
| Relative Tail Risk | -5.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.23 |
| Alpha | -6.42 |
| Character TTM | |
|---|---|
| Beta | 0.823 |
| Beta Downside | 0.920 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.06% |
| CAGR/Max DD | 0.77 |
Description: QYLD NASDAQ 100 Covered Call January 07, 2026
Global X’s NASDAQ-100 Covered Call ETF (QYLD) seeks to allocate at least 80 % of its assets to the securities that compose the CBOE NASDAQ-100® BuyWrite Index. The index replicates a “buy-write” strategy: it holds the underlying NASDAQ-100 stocks while simultaneously selling one-month at-the-money covered call options on the index, generating option premium income but capping upside participation.
Key metrics (as of the most recent filing) show an annualized distribution yield around 10-12 % and a 30-day implied volatility for the NASDAQ-100 index near 20-25 %, indicating relatively high option premium potential. The fund’s performance is tightly linked to the tech-heavy composition of the NASDAQ-100, making sector concentration in cloud computing, semiconductors, and digital advertising a primary driver of both price appreciation and option premium decay.
Because the strategy is non-diversified and option-premium dependent, its risk profile is sensitive to shifts in market volatility and interest-rate expectations; a sustained drop in VIX or a rapid rise in rates could erode the premium income that underpins the yield.
For a deeper dive into how QYLD’s covered-call mechanics compare to alternative income-focused ETFs, you might explore ValueRay’s analytical tools for option-adjusted performance metrics.
What is the price of QYLD shares?
Over the past week, the price has changed by -0.67%, over one month by +0.10%, over three months by +4.96% and over the past year by +6.83%.
Is QYLD a buy, sell or hold?
What are the forecasts/targets for the QYLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.3 | 20.7% |
QYLD Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 8.31b USD (8.31b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 8.31b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 8.31b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.95% (E(8.31b)/V(8.31b) * Re(8.95%) + (debt-free company))
Discount Rate = 8.95% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)