State Street SPDR Bloomberg 1-3 Month T-Bill ETF vs Global X NASDAQ 100 Covered Call ETF — how do they compare? State Street SPDR Bloomberg 1-3 Month T-Bill ETF trades at $91.5, while Global X NASDAQ 100 Covered Call ETF trades at $18.17. The key difference: Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, State Street SPDR Bloomberg 1-3 Month T-Bill ETF nearer its low. Which is the better fit depends on your goals.
| BIL | QYLD | |
|---|---|---|
Sector | Fixed Income | Income / Options Overlay |
52-Week High | $91.77 | $18.52 |
52-Week Low | $91.27 | $16.46 |
Trailing returns across standard periods
BIL tracks the performance of short-term U.S. Treasury bills with maturities between 1 and 3 months. It is designed for investors seeking a highly liquid, low-risk vehicle for cash management and capital preservation.
Read more on BIL →QYLD is an ETF that follows a covered call strategy on the NASDAQ 100 Index. The fund holds a long position in the stocks of the NASDAQ 100 and simultaneously writes (sells) call options on the index. The primary goal is to generate monthly income from the option premiums. This strategy can reduce portfolio volatility and provide income, but it limits potential capital appreciation from a significant rise in the NASDAQ 100 Index.
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