The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) is an equity ETF with $0.00B in assets under management and an expense ratio of 0.61%. QYLE aims to replicate the Nasdaq-100 ESG BuyWrite Index, offering exposure to Nasdaq-100 companies with an ESG overlay and a covered call strategy. This approach seeks to generate income from option premiums while maintaining exposure to leading technology and growth stocks, differentiating it from standard Nasdaq-100 trackers.
Global X Funds - Global X Nasdaq 100 ESG Covered Call ETF (QYLE) ETF — Price, Holdings & Analysis
The Global X Nasdaq 100 ESG Covered Call ETF (QYLE) is an equity ETF with $0.00B in assets under management and an expense ratio of 0.61%. QYLE aims to replicate the Nasdaq-100 ESG BuyWrite Index, offering exposure to Nasdaq-100 companies with an ESG overlay and a covered call strategy. This approach seeks to generate income from option premiums while maintaining exposure to leading technology and growth stocks, differentiating it from standard Nasdaq-100 trackers.
ETF Overview
The fund invests at least 80% of its net assets, plus borrowings for investment purposes (if any), in the securities of the Nasdaq-100 ESG BuyWrite Index (the "underlying index"). The fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The fund is non-diversified.
QYLE seeks to track the Nasdaq-100 ESG BuyWrite Index, investing at least 80% of its assets in the index's securities. This strategy combines exposure to Nasdaq-100 companies that meet certain ESG standards with a covered call strategy. The covered call component involves selling call options on the index, generating income from the option premiums. This income can potentially enhance returns or provide a cushion during market downturns. The fund's top holdings include significant allocations to Apple Inc (10.79%), NVIDIA Corp (10.38%), and Microsoft Corp (10.35%), reflecting its focus on large-cap technology companies. Sector allocation is heavily weighted towards Technology (61.4%), followed by Communication Services (13.0%) and Consumer Cyclical (11.3%). QYLE is designed for investors seeking income generation and exposure to the Nasdaq-100, with an ESG focus.
Risk Metrics
QYLE's risk profile is influenced by its concentration in the technology sector and its covered call strategy. The fund's significant allocation to Technology (61.4%) exposes it to sector-specific risks, such as regulatory changes or shifts in consumer preferences. The covered call strategy can limit upside potential in strongly rising markets, as the fund may be obligated to sell the underlying assets at a predetermined price. The fund's beta is currently 0.00, indicating it has not yet established a trading history to correlate with market movements. The expense ratio of 0.61% can create a drag on performance, especially in lower-return environments. these may be worth researching factors when evaluating QYLE's suitability for their portfolios. Past performance does not guarantee future results.
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Risk Metrics
Beta: 0.00
Questions & Answers
What is QYLE and what does it track?
QYLE, or the Global X Nasdaq 100 ESG Covered Call ETF, is an exchange-traded fund that aims to replicate the performance of the Nasdaq-100 ESG BuyWrite Index. This index combines exposure to companies within the Nasdaq-100 that meet certain environmental, social, and governance (ESG) criteria with a covered call strategy. The fund invests at least 80% of its assets in the securities of the underlying index, providing investors with a blend of large-cap technology exposure, ESG considerations, and potential income generation from option premiums.
What is the expense ratio for QYLE?
The expense ratio for QYLE is 0.61%. This means that for every $10,000 invested in the fund, $61 is used to cover the fund's operating expenses annually. While there isn't a specific category average for ESG covered call ETFs for direct comparison, the expense ratio is higher than passively managed ETFs tracking the Nasdaq 100. the may be worth researching expense ratio as part of their overall investment decision, as it can impact the fund's net returns over time.
What are the top holdings in QYLE?
As a fund that tracks the Nasdaq-100 ESG BuyWrite Index, QYLE's top holdings reflect the composition of the Nasdaq-100 with an ESG overlay. The top three holdings in QYLE are Apple Inc (AAPL) at 10.79%, NVIDIA Corp (NVDA) at 10.38%, and Microsoft Corp (MSFT) at 10.35%. These companies represent a significant portion of the fund's assets, indicating a concentration in large-cap technology stocks. Other notable holdings include Broadcom Inc (AVGO) at 4.64% and Amazon.com Inc (AMZN) at 3.58%.
Is QYLE a good long-term investment?
Whether QYLE is a suitable long-term investment depends on an investor's individual circumstances and risk tolerance. The fund offers exposure to the Nasdaq-100 with an ESG filter and a covered call strategy, which can provide income generation. However, the covered call strategy may limit upside potential in strongly rising markets. the may be worth researching fund's expense ratio of 0.61%, sector concentration in technology, and the potential impact of the covered call strategy on long-term returns. Past performance does not guarantee future results.
How does QYLE compare to similar ETFs?
QYLE differentiates itself through its combination of Nasdaq-100 exposure, ESG considerations, and a covered call strategy. While other ETFs may offer exposure to the Nasdaq-100 or employ covered call strategies, QYLE's integrated approach is unique. The fund's expense ratio of 0.61% may be higher than passively managed Nasdaq-100 ETFs but potentially justified by the active management involved in the covered call strategy and ESG screening. As of 2026-03-15, QYLE has $0.00B in AUM, which is relatively small compared to established Nasdaq-100 trackers. Investors should compare QYLE's performance, risk profile, and strategy to other options to determine the best fit for their portfolios.
Does QYLE pay dividends?
As of 2026-03-15, QYLE has a dividend yield of 0.00%. While the fund employs a covered call strategy that generates income from option premiums, this income may not necessarily be distributed as dividends. The fund's dividend policy and payout frequency can vary, and investors should consult the fund's prospectus for more information on dividend distributions. The lack of a current dividend yield does not negate the potential for future distributions, but it is a factor to consider for investors seeking regular income.