Charter Communications Inc vs Global X NASDAQ 100 Covered Call ETF — how do they compare? Charter Communications Inc trades at $156.89 (market cap $18.81B), 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, Charter Communications Inc nearer its low. Which is the better fit depends on your goals.
| CHTR | QYLD | |
|---|---|---|
Market Cap | $18.81B | — |
Sector | Media | Income / Options Overlay |
52-Week High | $282.74 | $18.52 |
52-Week Low | $123.31 | $16.46 |
Enterprise Value | $115.01B | — |
Trailing returns across standard periods
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 54 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
Read more on CHTR →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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