Altria Group Inc vs Global X NASDAQ 100 Covered Call ETF — how do they compare? Altria Group Inc trades at $73.25 (market cap $124.67B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: Altria Group Inc pays a 5.68% dividend while Global X NASDAQ 100 Covered Call ETF pays none, and Altria Group Inc 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.
| MO | QYLD | |
|---|---|---|
Market Cap | $124.67B | — |
Sector | Consumer Staples | Income / Options Overlay |
52-Week High | $74.66 | $18.52 |
52-Week Low | $54.72 | $16.46 |
Enterprise Value | $145.75B | — |
Dividend Yield | 5.68% | — |
Trailing returns across standard periods
Latest headlines on both assets
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Helix Innovations, and Philip Morris Capital, although the company plans to wind down Philip Morris Capital by the end of 2022. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 43% share in 2020. Altria holds strategic investments in JUUL Labs (35% economic interest) and Cronos (42%).
Read more on MO →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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