Core Insights - Global X Japan Co. Ltd. increased its holdings in the Global X NASDAQ 100 Covered Call ETF (QYLD) by 1,752,324 shares, valued at approximately $29.43 million, as of Q3 2025, making QYLD the largest holding in its portfolio at 19.5% of reportable AUM [2][3][12] Company Overview - The Global X NASDAQ 100 Covered Call ETF (QYLD) has a market capitalization of $8.12 billion and $1.16 billion in assets under management as of Q3 2025, focusing on generating high monthly income through a covered call strategy on the NASDAQ-100 Index [5][4] - As of October 14, 2025, QYLD's share price was $17.10, reflecting a year-to-date decline of 6.2% and underperforming the S&P 500 by 9.67 percentage points [3][4] Investment Strategy - QYLD employs a strategy that tracks the CBOE NASDAQ-100 BuyWrite Index by holding NASDAQ-100 equities and writing monthly at-the-money covered call options, providing concentrated exposure to NASDAQ-100 constituents [6][8] - The fund's approach transforms daily market fluctuations into a steady cash flow, offering a near 13% annualized dividend yield while sacrificing some upside potential in bullish markets [8][10] Performance Metrics - QYLD's annualized dividend yield was reported at 13.0% as of October 15, 2025, with a forward P/E ratio of 34.04 [3][4] - The fund's performance this year, with a modest decline of 6%, contrasts with its double-digit yield, highlighting the growing appeal of predictable returns in a volatile market environment [9][10]
Global X's QYLD ETF Draws Renewed Interest as Income Strategies Regain Favor
The Motley Foolยท2025-10-23 04:04