Nutrien Ltd vs Global X NASDAQ 100 Covered Call ETF — how do they compare? Nutrien Ltd trades at $66.8 (market cap $31.67B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: Nutrien Ltd pays a 3.3% 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, Nutrien Ltd nearer its low. Which is the better fit depends on your goals.
| NTR | QYLD | |
|---|---|---|
Market Cap | $31.67B | — |
Sector | Basic Materials | Income / Options Overlay |
52-Week High | $83.94 | $18.52 |
52-Week Low | $53.64 | $16.46 |
Enterprise Value | $44.84B | — |
Dividend Yield | 3.3% | — |
Trailing returns across standard periods
Latest headlines on both assets
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Read more on NTR →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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