Global X Nasdaq Etf Profile
| QYLD Etf | USD 18.22 0.05 0.28% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Global X is trading at 18.22 as of the 30th of November 2024, a 0.28 percent increase since the beginning of the trading day. The etf's lowest day price was 18.16. Global X has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Global X NASDAQ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its total assets in the securities of the underlying index. Gx Nasdaq-100 is traded on NASDAQ Exchange in the United States. More on Global X NASDAQ
Moving together with Global Etf
Global Etf Highlights
| Thematic Ideas | Showing 3 out of 4 themes |
| Business Concentration | Robots And Drones, Buywrite ETFs, Strategy ETFs, Artificial Intelligence, Derivative Income, Global X Funds (View all Sectors) |
| Issuer | Global X |
| Inception Date | 2013-12-11 |
| Benchmark | CBOE Nasdaq-100 BuyWrite V2 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 8.35 Billion |
| Average Trading Valume | 3.92 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Buywrite |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Global X Management Company LLC |
| Advisor | Global X Management Company LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Chang Kim, CFA; James Ong, CFA; Nam To; Wayne Xie |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Trustee | Stradley Ronon Stevens & Young, LLP |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 104 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 16.84 |
| Name | Global X NASDAQ 100 Covered Call ETF |
| Currency Code | USD |
| Open Figi | BBG00MVW9587 |
| In Threey Volatility | 13.01 |
| 1y Volatility | 5.17 |
| 200 Day M A | 17.7976 |
| 50 Day M A | 18.1592 |
| Code | QYLD |
| Updated At | 30th of November 2024 |
Global X NASDAQ [QYLD] is traded in USA and was established 2013-12-11. The fund is listed under Derivative Income category and is part of Global X Funds family. The entity is thematically classified as Robots And Drones. Global X NASDAQ at this time have 6.41 B in assets. , while the total return for the last 3 years was 5.6%.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X NASDAQ Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Global X NASDAQ Etf Constituents
| AMGN | Amgen Inc | Stock | Health Care | |
| AAPL | Apple Inc | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Global X Top Holders
| AMAX | Starboard Investment Trust | Etf | Nontraditional Bond | |
| HNDL | Strategy Shares Nasdaq | Etf | Moderately Conservative Allocation | |
| WWICX | Westwood Income Opportunity | Mutual Fund | Allocation--30% to 50% Equity | |
| WWIAX | Westwood Income Opportunity | Mutual Fund | Allocation--30% to 50% Equity | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
Global X NASDAQ Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0872 | |||
| Jensen Alpha | 0.0736 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) |
Global X Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Global X NASDAQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Global X NASDAQ is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.