Monster Beverage Corp vs Global X NASDAQ 100 Covered Call ETF — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: Monster Beverage Corp is trading nearer its 52-week high, Global X NASDAQ 100 Covered Call ETF nearer its low. Which is the better fit depends on your goals.
| MNST | QYLD | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Income / Options Overlay |
52-Week High | $99.94 | $18.52 |
52-Week Low | $58.75 | $16.46 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
Latest headlines on both assets
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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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