Global X Nasdaq 100 Covered Call ETF (QYLD) Review & Analysis

MER · #354 of 514AUM · #384 of 5081Y Return · Top 25%3Y Return · #159 of 300
What's new this monthData to 30 September 2026
  • +4.9% in September (total return), ahead of the median international shares ETF at +0.0%.
  • The unit price closed the month at $11.23, 4% below its 12-month high (range $10.46 to $11.74).

About QYLD

QYLD is an international shares ETF from Global X, listed on the ASX since February 2023. With $30m under management it is number 193 of 254 international shares ETFs by size. The management fee is 0.60% a year, about $60 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Its largest holdings are NVIDIA Corp, Apple Inc and Microsoft Corp, and the top 10 make up 49% of the fund. By sector it leans towards information technology (59%) and communication services (13%). United States is the biggest country exposure at 99%.

Over the past year it returned +13.7%, against +10.4% for the median international shares ETF. With its focus on technology, dividends & income, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

QYLD distributions and dividend dates

QYLD pays distributions monthly, with payment about 16 days after the ex-date.

The latest distribution was $0.0955 per unit (0% franked), ex-distribution on 3 November 2026 and paid on 18 November 2026. To receive it you need to own QYLD before the ex-date.

Its distribution yield over the past 12 months is about 11.9%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare QYLDCheck overlapGlobal X website ↗

Compare QYLD with

QYLDvsNDQ
Betashares Nasdaq 100 ETF
Fee0.60%0.48%
1 year+13.7%+16.6%
5 yrs p.a.–+15.3%
Size$30m$9.5bn
Same holdings96%Near identical
Full comparison →
QYLDvsHNDQ
Betashares Nasdaq 100 Currency Hedged ETF
Fee0.60%0.51%
1 year+13.7%+22.3%
5 yrs p.a.–+13.1%
Size$30m$961m
Same holdings96%Near identical
Full comparison →
QYLDvsLNAS
Global X Ultra Long Nasdaq 100 Complex ETF
Fee0.60%1.00%
1 year+13.7%+37.4%
5 yrs p.a.–+12.6%
Size$30m$83m
Same holdingsNo holdings data
Full comparison →
QYLDvsSNAS
Global X Ultra Short Nasdaq 100 Complex ETF
Fee0.60%1.00%
1 year+13.7%−40.9%
5 yrs p.a.–−34.1%
Size$30m$67m
Same holdingsNo holdings data
Full comparison →

QYLD price by TradingView

Stock CodeQYLD
Fund ManagerGlobal X
Asset ClassInternational shares
AUM$30m
MER (%)0.60%
Net flows (Sep)+$0.0m
Last Price$11.23
52-Week Range$10.46 – $11.74
Bid/Ask Spread0.31%
Listing Date01/02/2023
ExchangeASX
Index trackedNasdaq-100 Index
Issuer websiteGlobal X ↗

Performance (% return)

0%12%23%35%1M4.9%1Y13.7%3Y34.8%5Yn/a
1 month+4.9%
1 year+13.7%
3 years p.a.+10.5%
5 years p.a.–

$10,000 invested…

1 year ago$11,3723 years ago$13,481

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

QYLD at a glance: strengths and things to watch

👍 Strengths

  • Nothing stands out against its category.

⚠️ Things to watch

  • Small fund. With $30m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
  • Behind its peers. +10.5% a year over 3 years, against +15.4% for the median international shares ETF.
  • Income comes with a trade-off. Selling options boosts income but caps how much it can rise in strong markets.

Worked out from QYLD's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 23 Oct 2026

QYLD is in a base. Here's why that matters.

QYLD's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 daysHow base and trend works →See every ETF's stage →Visit etfadviser.com.au →
Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

QYLD weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

💡 Cheaper twin

NDQ holds 96% of the same companies as QYLD for 0.12% a year less, which is $120 a year on $100,000. There are 2 cheaper twins in total. See all cheaper alternatives to QYLD →

Investment Focus

Exposure Regions

USGlobal

Themes & Sectors

TechnologyDividends & incomeActive ETFs

Portfolio Breakdown

Top 10 holdings (49.1% of the fund)

SymbolCompany% assets
NVDA8.10%
AAPL8.01%
MSFT6.19%
GOOGL5.08%
MU4.58%
AMZN4.14%
AMD4.02%
TSLA3.33%
META2.92%
SPCX2.68%

Sector breakdown

  • Information Technology58.7%
  • Communication Services13.4%
  • Consumer Discretionary13.2%
  • Health Care4.6%
  • Consumer Staples3.9%
  • Industrials3.4%
  • Utilities1.1%
  • Materials1.0%
  • Other0.7%

Country breakdown

  • United States98.5%
  • Canada1.1%
  • Netherlands0.2%
  • ES0.2%

Holdings from the issuer's published portfolio as at 31 October 2026. Breakdowns are based on the largest 100 positions, covering 100% of the fund. Compare QYLD's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
NDQBetashares Nasdaq 100 ETF
96%
0.48%$9.5bn+16.6%+23.8%+15.3%
HNDQBetashares Nasdaq 100 Currency Hedged ETF Currency hedged
96%
0.51%$961m+22.3%+25.3%+13.1%
ITEKiShares Nasdaq Top 30 ETF
77%
0.55%$11m+20.0%+16.2%–
U100Global X US 100 ETF
72%
0.18%$107m+12.8%+25.6%–
IVViShares S&P 500 ETF
56%
0.04%$14.9bn+10.1%+19.2%+13.4%
IHVViShares S&P 500 (AUD Hedged) ETF Currency hedged
56%
0.10%$4.3bn+15.4%+21.0%+10.9%

Same holdings is the share of QYLD's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like QYLD →

QYLD vs its closest alternatives

What actually differs between QYLD and the ETFs most like it. Data to 30 Sep 2026.

NDQ Betashares Nasdaq 100 ETF

  • They share 96% of their holdings: largely the same companies.
  • NDQ is cheaper (0.48% vs 0.60%), worth about $7,884 on $100,000 over 20 years.
  • Over 3 years, a year: QYLD +10.5%, NDQ +23.8% (NDQ ahead by 13.3 percentage points).
  • NDQ is much larger ($9.5bn vs $30m), which usually means tighter trading spreads.
  • Different structure: QYLD is a covered call fund, NDQ is a standard fund.

Compare QYLD and NDQ side by side →

HNDQ Betashares Nasdaq 100 Currency Hedged ETF

  • They share 96% of their holdings: largely the same companies.
  • HNDQ is cheaper (0.51% vs 0.60%), worth about $5,897 on $100,000 over 20 years.
  • Over 3 years, a year: QYLD +10.5%, HNDQ +25.3% (HNDQ ahead by 14.9 percentage points).
  • HNDQ is much larger ($961m vs $30m), which usually means tighter trading spreads.
  • Different structure: QYLD is a covered call fund, HNDQ is currency hedged.

Compare QYLD and HNDQ side by side →

ITEK iShares Nasdaq Top 30 ETF

  • They share 77% of their holdings: a lot of doubling up.
  • ITEK is cheaper (0.55% vs 0.60%), worth about $3,265 on $100,000 over 20 years.
  • Over 3 years, a year: QYLD +10.5%, ITEK +16.2% (ITEK ahead by 5.7 percentage points).
  • QYLD is about 3 times larger ($30m vs $11m), which usually means tighter trading spreads.
  • Different structure: QYLD is a covered call fund, ITEK is a standard fund.

Compare QYLD and ITEK side by side →

General information only. Past performance is not a reliable indicator of future performance.

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QYLD FAQs

What is the fee for QYLD?

QYLD charges a management fee (MER) of 0.60% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is QYLD?

QYLD had $30m in funds under management as at 30 September 2026.

How has QYLD performed?

QYLD returned +13.7% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +10.5% a year. Past performance is not a reliable indicator of future performance.

Who manages QYLD?

QYLD is managed by Global X and has been listed since February 2023.

Does QYLD pay monthly distributions?

Yes. QYLD pays a distribution every month.

When is the next QYLD distribution?

Based on its usual schedule, QYLD's next distribution should go ex around the start of December (around day 31), with payment about 16 days later. Dates can move, so check Global X's announcements to confirm.

What is QYLD's dividend yield?

QYLD's distribution yield over the past 12 months was about 12.4%. Yields change with the unit price and each payment, and are not a forecast.

What does QYLD hold?

QYLD's largest holdings are NVIDIA Corp (8.1%), Apple Inc (8.0%), Microsoft Corp (6.2%), Alphabet (Google) (5.1%), Micron Technology Inc (4.6%). It holds about 100 investments in total. The biggest sector is information technology at 58%. Holdings as at 31 October 2026.

Is QYLD currency hedged?

No, QYLD is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Is there a cheaper alternative to QYLD?

Yes. NDQ (Betashares Nasdaq 100 ETF) holds about 96% of the same companies and charges 0.48% a year, against 0.60% for QYLD. Check the index and size before switching, and remember selling may trigger capital gains tax.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Global X product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.