QYLD - QYLD: Solid Double Digit Yield Choice For Conservative Investors

2024-02-04 04:41:03 ET

Summary

• The Global X Nasdaq 100 Covered Call ETF has consistently lagged behind the Nasdaq-100 index in terms of performance.
• The current dividend yield of QYLD has dropped, making it less attractive for investors.
• However, QYLD offers a high dividend yield of ~11.5% and lower volatility compared to the index, making it a solid choice for yield-seeking investors.

Introduction

The Global X Nasdaq 100 Covered Call ETF (NASDAQ: QYLD ) is a relatively well-known and large-size ETF, which employs a covered call strategy to produce high streams of current income to investors, who also wish to carry some exposure to the Nasdaq-100 index....

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