Global X NASDAQ 100 Covered Call ETF (QYLD)

How has QYLD done since 2013?#

From December 2013 to October 2026, QYLD returned about 8.5% a year. The S&P 500 returned about 13.9% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $28,650 at the end, with every dividend reinvested.

QYLD returns by month and year#

QYLD rose in 110 of its 155 months (71%). Its best month was November 2020, at 10.0%. Its worst was March 2020, at −9.0%.

How risky is QYLD compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 0.76. When the S&P 500 moved 1% in a day, QYLD tended to move about 0.76%.
• Correlation 0.88. QYLD mostly moved with the S&P 500.
• Up and down months. In months the S&P 500 rose, QYLD rose 62% as much on average. In months it fell, QYLD fell 58% as much.

Is QYLD above its 200-day average?#

QYLD closed 6.5% above its 200-day average on October 16, 2026. A rule that holds QYLD only above that average would hold it today.

What was QYLD’s worst drop?#

A drawdown is how far a fund falls from its last high point. QYLD’s worst fall was −24.8%, from February 20, 2020 to March 16, 2020. It got back to that high on November 5, 2020. On October 16, 2026 it was 2.2% below its highest close.

What does QYLD hold?#

This fund owns the Nasdaq-100 stocks and sells call options on that index every month to earn extra income. In return, it gives up much of the gains when stocks rise. It can still lose value when stocks fall.

It tracks the Cboe NASDAQ-100 BuyWrite V2 Index. It had 102 holdings as of October 16, 2026, according to Global X (Mirae Asset).

What is the QYLD expense ratio?#

QYLD charges 0.6% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.6% fee comes to about $60 a year. Of the 162 ETFs on Tactfolio, 7% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold QYLD?#

No classic strategy holds QYLD yet. You can add it to your own rules in the builder and see how they would have done.

How does QYLD compare with similar ETFs?#

Funds that can stand in for QYLD:

• GPIX: Goldman Sachs S&P 500 Premium Income ETF, 0.29% a year
• JEPI: JPMorgan Equity Premium Income ETF, 0.35% a year
• JEPQ: JPMorgan Nasdaq Equity Premium Income ETF, 0.35% a year
• DIVO: Amplify CWP Enhanced Dividend Income ETF, 0.56% a year

See all 8 QYLD alternatives, compared on the same dates as QYLD.

Test QYLD in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add QYLD, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for QYLD and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from Global X (Mirae Asset). We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.