Get the weekly note
ETFIQetfiq.com · independent ETF data

QYLG Global X Nasdaq 100 Covered Call & Growth ETF

Covered call on QQQ, paying monthly

Over the year to Sep 11, 2026, QYLG paid 17.6% in cash and finished level with QQQ.

Global X · Income ETFs · data as of

Key facts

17.6%Cash paid, 1 year, on its starting price
+22.7%Total return, 1 year
−0.3 ptsAgainst QQQ
95.6%Return of capital, latest payout (Global X estimate)

Method

ETFIQ Return Stability Score

72.423rd of 161

QYLG paid 17.6% in cash and its price rose 2.8%, so the payout came out of returns rather than principal.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −38.1 ptsMDST −30.2 ptsSLTY −29.1 ptsBLOX −27.8 ptsEIPI −27.8 ptsYQQQ −27.6 ptsULTY −23.3 ptsGDXY −22.0 ptsHIGH −20.8 ptsTOPW −18.6 ptsTDVI −18.3 ptsYMAX −18.1 ptsHISF −17.3 ptsACKY −17.2 ptsWEEI −16.9 ptsNDIV −16.6 ptsLQDW −16.2 ptsOARK −15.8 ptsFDND −15.5 ptsTCAL −15.0 ptsQRMI −14.8 ptsSDVD −14.8 ptsLFGY −14.5 ptsSLJY −14.5 ptsSCLZ −14.1 ptsYFYA −13.9 ptsQUSA −13.5 ptsHYGW −13.0 ptsJULH −13.0 ptsXLRI −13.0 ptsMAGY −12.9 ptsYYY −12.7 ptsXLKI −12.6 ptsJULJ −12.4 ptsLJUL −12.4 ptsJANJ −12.3 ptsLJAN −12.3 ptsFGSI −12.2 ptsLOCT −12.1 ptsRNTY −12.1 ptsAIPI −12.0 ptsIWMY −12.0 ptsOCTJ −11.9 ptsHIPS −11.7 ptsJUCY −11.6 ptsXLEI −11.6 ptsAPRJ −11.3 ptsLAPR −11.3 ptsXISE −11.3 ptsXIJN −11.1 ptsCVRD −11.0 ptsJANH −11.0 ptsAPRH −10.9 ptsXBTY −10.7 ptsXIDE −10.7 ptsOCTH −10.6 ptsJEPI −10.3 ptsXIMR −10.1 ptsSRHR −9.7 ptsXRMI −8.7 ptsVEGA −8.3 ptsBUYW −8.2 ptsIAUI −7.9 ptsBAGY −7.7 ptsXV −7.5 ptsKHPI −7.3 ptsYBTC −7.3 ptsFTHI −7.0 ptsYLDE −6.8 ptsIGLD −6.1 ptsQQQI −6.1 ptsRDVI −6.0 ptsSPIN −5.9 ptsFEPI −5.8 ptsIWMW −5.8 ptsTYLG −5.7 ptsBITY −5.6 ptsSPUT −5.4 ptsWTPI −5.2 ptsPAPI −4.7 ptsXLVI −4.7 ptsETCO −4.3 ptsJEPQ −4.1 ptsCAIE −4.0 ptsFTKI −3.9 ptsGPTY −3.7 ptsIQQQ −3.7 ptsGIAX −3.4 ptsBIGY −3.3 ptsISPY −3.1 ptsRYLD −3.1 ptsWEEL −2.9 ptsYMAG −2.9 ptsRDTY −2.6 ptsXLBI −2.5 ptsNBOS −1.8 ptsRYLG −1.8 ptsSPYI −1.7 ptsFTQI −1.6 ptsKNG −1.6 ptsTSPY −1.6 ptsTHTA −1.5 ptsQQQY −1.3 ptsRDTE −1.3 ptsDIVO −1.2 ptsSIXH −1.2 ptsXYLD −1.2 ptsDFII −1.1 ptsGPIQ −1.1 ptsQDTY −1.1 ptsXYLG −1.1 ptsXDTE −0.9 ptsQDTE −0.7 ptsQYLD −0.7 ptsXLII −0.7 ptsXPAY −0.7 ptsEGGY −0.6 ptsJOYT −0.6 ptsSDTY −0.6 ptsWDTE −0.4 ptsBTCC −0.3 ptsGPIX 0.0 ptsDJIA +0.1 ptsDYLG +0.3 ptsIWMI +0.3 ptsKGLD +0.3 ptsXLFI +0.3 ptsIVVW +0.4 ptsLTTI +0.5 ptsLQTI +0.6 ptsPBP +0.6 ptsHYTI +0.9 ptsTDAQ +0.9 ptsCSHI +1.3 ptsBALI +1.4 ptsYETH +1.5 ptsHYBL +1.6 ptsXLUI +1.6 ptsCHPY +1.9 ptsBTCI +2.1 ptsSOXY +2.3 ptsITWO +2.5 ptsDOGG +2.7 ptsCEPI +2.9 ptsXLYI +2.9 ptsYBIT +2.9 ptsTLTP +3.4 ptsDUBS +4.0 ptsSEPI +4.7 ptsXLCI +5.2 ptsIDVO +5.4 ptsTLTW +5.4 ptsBCCC +6.3 ptsOMAH +6.5 ptsIDUB +6.9 ptsXLSI +8.8 ptsUSOY +10.5 ptsBUCK +10.9 ptsKLIP +20.9 ptsNVYY +24.6 ptsQYLG −0.3 ptsQYLG −0.3 pts−38.1 pts+24.6 pts

75.5% of the 161 sit at or below QYLG on this measure.

What happened to the principal
ETCO −75.0%XBTY −74.7%YETH −67.4%YBTC −61.4%BTCC −59.9%YBIT −58.9%BAGY −58.0%SLTY −54.4%ULTY −53.3%NVYY −52.4%BITY −51.9%BCCC −49.4%BTCI −46.9%DFII −44.8%LFGY −43.0%YMAX −41.0%BLOX −38.8%TOPW −36.6%OARK −33.3%KLIP −32.8%GDXY −32.5%YMAG −27.1%YQQQ −26.3%MAGY −25.8%IWMY −23.1%CEPI −21.0%RDTY −19.9%RDTE −19.4%QDTE −18.5%EGGY −15.1%TLTP −14.5%XLYI −14.1%LTTI −13.8%ACKY −13.7%WDTE −13.7%QQQY −13.0%QDTY −12.8%XDTE −12.8%AIPI −12.2%QUSA −11.8%LQTI −10.4%TLTW −10.3%SDTY −9.9%GIAX −9.8%XLUI −9.5%HIGH −9.3%LQDW −9.3%TCAL −9.0%FEPI −8.5%XV −8.4%IGLD −8.1%XLRI −8.0%XLCI −7.9%FDND −7.6%YYY −7.5%XLSI −7.3%RNTY −6.5%HYTI −6.3%GPTY −6.0%OMAH −6.0%XLBI −5.7%HYGW −5.6%IWMW −5.3%HIPS −5.2%XPAY −4.9%HISF −4.7%QRMI −4.2%USOY −4.0%XLFI −3.8%FGSI −3.2%BUCK −2.5%HYBL −2.5%JUCY −2.3%XRMI −2.3%MLPD −1.7%CAIE −1.6%IAUI −1.6%YFYA −1.6%IVVW −1.4%CVRD −1.3%JEPI −1.1%KNG −0.9%XIJN −0.7%JULJ −0.6%WTPI −0.5%CSHI −0.4%JULH −0.3%LJUL −0.2%XISE 0.0%JANH +0.1%JANJ +0.1%LAPR +0.1%LOCT +0.1%LJAN +0.2%OCTJ +0.2%XLII +0.2%APRJ +0.3%OCTH +0.3%XIDE +0.3%XIMR +0.4%APRH +0.5%TSPY +0.6%KHPI +0.7%BIGY +0.8%WEEL +0.9%SRHR +1.0%FTHI +1.1%QQQI +1.5%XLVI +2.1%SPYI +2.6%YLDE +2.8%BUYW +2.9%SDVD +3.0%XYLG +3.4%KGLD +3.8%THTA +3.9%DJIA +4.2%FTKI +4.3%SCLZ +4.4%PAPI +4.5%RYLD +4.7%XLKI +5.0%PBP +5.1%IWMI +5.3%DYLG +5.4%TDAQ +5.9%XYLD +5.9%JEPQ +6.0%SPIN +6.1%NBOS +6.5%SPUT +6.5%RYLG +7.1%GPIX +7.9%FTQI +8.0%DOGG +8.2%ISPY +8.4%QYLD +8.4%DIVO +8.9%MDST +9.3%VEGA +9.4%BALI +9.5%GPIQ +9.8%SLJY +11.0%RDVI +11.7%TDVI +11.7%IQQQ +12.3%SEPI +13.8%XLEI +13.8%SIXH +14.1%ITWO +14.3%EIPI +14.6%JOYT +16.1%IDVO +16.4%DUBS +18.9%WEEI +18.9%IDUB +19.0%TYLG +21.2%NDIV +22.9%CHPY +24.9%SOXY +68.6%QYLG +2.8%QYLG +2.8%−75.0%+68.6%

69.3% of the 161 sit at or below QYLG on this measure.

Weighted evenly, those two positions are what the score combines, across the 161 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−0.3 pts75.550%
what happened to the principal+2.8%69.350%

All income ETFs ranked by this score · How it is computed

2nd of 16 income ETFs writing on QQQ, by return against it 81st of 354 income ETFs by net assets

What a holder got

QYLG against QQQQYLG returned +22.7% with distributions reinvested against +23.0% for Nasdaq-100 (QQQ), a gap of −0.3 pts. Of that, 17.6% arrived as cash rather than price.+22.7%QYLG total return+23.0%Nasdaq-100 (QQQ)17.6% of it arrived as cash

Over the year to Sep 11, 2026, QYLG returned +22.7% with distributions reinvested and Nasdaq-100 (QQQ) returned +23.0%, so a holder came out level with it. The lighter segment is the 17.6% that arrived as cash rather than as price.

Its ten largest equity positions

QYLG top ten by weight, 47.2% of its 103 equity positions, from the holdings published by its issuer for Sep 11, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.
HoldingTickerWeight
NVIDIA CORPNVDA8.44%
APPLE INCAAPL7.81%
MICROSOFT CORPMSFT5.89%
MICRON TECHNOLOGY INCMU4.85%
AMAZON.COM INCAMZN4.42%
ADVANCED MICRO DEVICESAMD3.72%
ALPHABET INC-CL AGOOGL3.15%
META PLATFORMS INCMETA3.06%
ALPHABET INC-CL CGOOG2.92%
TESLA INCTSLA2.92%

Method

Period by period

QYLG over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnQQQAhead or behind
3 months2.2%−0.3%+1.9%−0.8%+2.6 pts
6 months4.5%+11.9%+16.6%+20.7%−4.1 pts
1 year17.6%+2.8%+22.7%+23.0%−0.3 pts
3 years50.8%+7.6%+72.8%+95.1%−22.3 pts
Since launch75.3%+10.5%+120.3%+171.4%−51.1 pts

Method

When QYLG pays

QYLG pays monthly. The last distribution was $0.1709 a share, which went ex on Aug 24, 2026 and was paid on Aug 27, 2026. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Sep 21, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for QYLG. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 21, 2026Sep 24, 2026$0.1709ETFIQ projection from the fund’s own cadence
Oct 19, 2026Oct 22, 2026$0.1709ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for QYLG (13, most recent first)
Cash distributions per share for QYLG. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 24, 2026$0.1709
Jul 20, 2026$0.2679
Jun 22, 2026$0.2075
May 18, 2026$0.2067
Apr 20, 2026$0.1525
Mar 23, 2026$0.1837
Feb 23, 2026$0.1464
Jan 20, 2026$0.157
Dec 30, 2025$2.7779
Dec 22, 2025$0.1617
Nov 24, 2025$0.2763
Oct 20, 2025$0.2399
Sep 22, 2025$0.1437

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Sep 22, 2020, QYLG has returned +120.3% with distributions reinvested, against +171.4% for Nasdaq-100 (QQQ), and has paid out 75.3% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 6.9%. Global X estimates that 96% of the distribution paid Aug 27, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

QYLG (Global X Nasdaq 100 Covered Call & Growth ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkNasdaq-100 (QQQ)
Paysmonthly
Net assets (the issuer own daily fund list, as of Sep 11, 2026)$171m
Latest payout, annualized (ETFIQ)6.9%
Expense ratio (485BPOS XBRL, Feb 26, 2026)0.35%
Cash paid, last 12 months, over today’s price (ETFIQ)17.1%
LaunchedSep 22, 2020
Return of capital, latest distribution (Global X 19a-1 estimate)95.6%
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment3 days
Last paid, per share$0.1709 ex Aug 24, 2026
Sum of the last 12 distributions$4.9484

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has QYLG paid over the last year?
Over the year to Sep 11, 2026, QYLG paid 17.6% of its starting price in cash distributions, while the price rose 2.8%.
Is QYLG ahead of QQQ?
Over the year to Sep 11, 2026, with every distribution reinvested, QYLG returned +22.7% against +23.0% for Nasdaq-100 (QQQ), so a holder was about even with it by 0.3 points.
How often does QYLG pay, and how much?
QYLG pays monthly. The latest distribution annualizes to 6.9% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
Is the QYLG distribution return of capital?
Global X estimates 96% of the distribution paid Aug 27, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does QYLG next pay a distribution?
QYLG pays monthly. The last distribution went ex on Aug 24, 2026 at $0.1709 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 21, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 3 days.
What does QYLG cost?
The prospectus expense ratio is 0.35% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

Put this on your own page

The payout bar for QYLG, redrawn every trading night. Free to use with the credit link.

QYLG payout bar, ETFIQ

Copy the embed code
<a href="https://etfiq.com/funds/qylg"><img src="https://etfiq.com/embed/income/qylg.svg" alt="QYLG payout bar, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/qylg">QYLG payout bar, updated daily by ETFIQ</a></p>

Where QYLG is written about

QYLG, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open QYLG live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, QYLG, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/qylg Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources