CVS Health Corp vs Global X NASDAQ 100 Covered Call ETF — how do they compare? CVS Health Corp trades at $93.83 (market cap $119.58B), while Global X NASDAQ 100 Covered Call ETF trades at $18.17. The key difference: CVS Health Corp pays a 2.84% dividend while Global X NASDAQ 100 Covered Call ETF pays none, and Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, CVS Health Corp nearer its low. Which is the better fit depends on your goals.
| CVS | QYLD | |
|---|---|---|
Market Cap | $119.58B | — |
Sector | Health | Income / Options Overlay |
52-Week High | $110.60 | $18.52 |
52-Week Low | $65.51 | $16.46 |
Enterprise Value | $181.93B | — |
Dividend Yield | 2.84% | — |
Trailing returns across standard periods
Latest headlines on both assets
Following its acquisition of Aetna in late 2018, CVS Health now provides an even more integrated healthcare-services offering for its members. Legacy CVS combined both the largest pharmacy benefit manager, processing over 2 billion adjusted claims annually, and a sizable pharmacy operation, including nearly 10,000 retail pharmacy locations primarily in the U.S. Adding a managed-care organization with 24 million medical members gives the company a strong position in the insurance industry and should help CVS better control overall healthcare costs for its clients.
Read more on CVS →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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