McCormick & Company, Incorporated vs Global X NASDAQ 100 Covered Call ETF — how do they compare? McCormick & Company, Incorporated trades at $52.01 (market cap $14.04B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: McCormick & Company, Incorporated pays a 3.68% 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, McCormick & Company, Incorporated nearer its low. Which is the better fit depends on your goals.
| MKC | QYLD | |
|---|---|---|
Market Cap | $14.04B | — |
Sector | Consumer Staples | Income / Options Overlay |
52-Week High | $72.81 | $18.52 |
52-Week Low | $45.60 | $16.46 |
Enterprise Value | $18.65B | — |
Dividend Yield | 3.68% | — |
Trailing returns across standard periods
Latest headlines on both assets
In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →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.
Read more on QYLD →