QYLD: Global X NASDAQ 100 Covered Call ETF

Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund (ETF) run by Global X (Mirae Asset). This fund owns the Nasdaq-100 stocks and sells call options on that index every month to earn extra income. It charges 0.6% a year. From December 2013 to October 2026 it returned about 8.5% a year, and its worst drop was −24.8%.

Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 16, 2026.

Yearly fee
0.6%
about $60 on $10,000
Return per year
8.5%
since December 2013
Worst drop
−24.8%
since 2013
Started trading
Dec 2013
Global X (Mirae Asset)

Key points

  • Expense ratio: 0.6% a year (about $60 on $10,000).
  • Started trading on December 11, 2013.
  • Worst drop since 2013: −24.8%.
  • No Tactfolio classic strategies hold it.

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).

FactQYLD
Full nameGlobal X NASDAQ 100 Covered Call ETF
IssuerGlobal X (Mirae Asset)
Expense ratio0.6% a year
Started tradingDecember 11, 2013
TracksCboe NASDAQ-100 BuyWrite V2 Index
TypeUS stocks, ETF
Holdings102 holdings as of October 16, 2026
Facts checkedOctober 17, 2026 on the Global X (Mirae Asset) fund page

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.

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

How has QYLD done since 2013?#

$10k$20k2014201620182020202220242026
QYLDGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

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

MeasureQYLD
Total return186.5%
Return per year (CAGR)8.5%
Worst drop from a high−24.8%
Volatility (how much it swings)14.7%
Last 12 months20.1%
Last 3 years, per year15.2%
Last 5 years, per year8.4%
Last 10 years, per year9.8%

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

QYLD returns by year#

YearQYLD return
2026 (part of the year)13.4%
20259.3%
202419.4%
202322.8%
2022−19.1%
202110.4%
20208.7%
201922.7%
2018−3.1%
201718.1%
20163.0%
20156.5%
20143.4%
2013 (part of the year)2.0%

What was QYLD’s worst drop?#

0%−10%−20%2014201620182020202220242026
Drawdown: how far QYLD was below its last high on each day.

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.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

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. 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.

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.

Common questions#

What is the expense ratio of QYLD?#

QYLD charges 0.6% a year, according to Global X (Mirae Asset) as of October 17, 2026. That is about $60 a year for every $10,000 you hold.

When did QYLD start trading?#

QYLD started trading on December 11, 2013. It is run by Global X (Mirae Asset).

What does QYLD track?#

QYLD tracks the Cboe NASDAQ-100 BuyWrite V2 Index. This fund owns the Nasdaq-100 stocks and sells call options on that index every month to earn extra income.

How much has QYLD returned per year?#

From December 2013 to October 2026, QYLD returned about 8.5% a year with dividends reinvested. Its worst drop was −24.8%. Past returns do not tell you what it will do next.

Which strategies use QYLD?#

None of Tactfolio’s classic strategies hold QYLD yet. You can test it in your own rules in the builder.

Sources#