The investment seeks to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100® BuyWrite V2 Index (the "underlying index"). The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100® BuyWrite Index is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100® Index, and "writes" (or sells) a succession of one-month at-the-money NASDAQ-100® Index covered call options. It is non-diversified.
IPO Year: n/a
Exchange: NASDAQ
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A few months ago, I analyzed the total performance of the three most popular S&P 500 covered call ETFs in 2023: the JPMorgan Equity Premium Income ETF (NYSE:JEPI), the GlobalX S&P500 Covered Call ETF (NYSE:XYLD), and the NEOS S&P 500 High Income ETF (BATS:SPYI). The covered call ETF that came out on top was the NEOS S&P 500 High Income ETF for three reasons: they had full exposure to the holdings inside of the S&P 500, wrote out-of-the-money covered calls, and used Section 1256 contracts for enhanced tax-efficiency. The total performance of SPYI in 2023 was 18.1%, capturing nearly 69% of the S&P 500 Index's total return last year. Compared to the JPMorgan Equity Premium Income ETF's tota
Global X’s investment chief, Jon Maier, reflects on the investment landscape for 2024, which is shaping up to be particularly interesting, thanks to AI-related stocks, cloud computing, cybersecurity, emerging markets, and small caps for potential growth. What Happened: Maier, who is associated with the $48 billion award-winning AI exchange-traded fund (ETF) provider Global X, has identified several promising sectors for investors in 2024, reported Business Insider. Among them, AI-related stocks, including Nvidia (NASDAQ:NVDA), cloud computing, and cybersecurity, stand out as “naturals that fit together.” Maier suggests investors consider the Global X Cloud Computing ETF (NASDAQ:CL
For investors that are unsure of which stocks to buy or are looking to add risk to their portfolio with safety nets attached, electronically-traded funds (ETFs) that offer dividends may be the right choice. These ETFs can shield an investor from a significant loss in their portfolio, and are typically broad based and track market returns. These funds can allow an investor to earn a passive income, generate long-term and short-term capital gains, while mitigating risk. ETF Dividend Stock #1: Global X NASDAQ-100 Covered Call ETF (NASDAQ:QYLD) Global X NASDAQ-100 Covered Call ETF is offering a monthly dividend yield of 12.2% or $2.171 per share annually, distributing monthly dividends for the