LYFT Inc vs Global X NASDAQ 100 Covered Call ETF — how do they compare? LYFT Inc trades at $15.22 (market cap $5.86B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, LYFT Inc nearer its low. Which is the better fit depends on your goals.
| LYFT | QYLD | |
|---|---|---|
Market Cap | $5.86B | — |
Sector | Industrials | Income / Options Overlay |
52-Week High | $24.57 | $18.52 |
52-Week Low | $12.65 | $16.46 |
Enterprise Value | $5.39B | — |
Trailing returns across standard periods
Latest headlines on both assets
Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →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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