Global X NASDAQ 100 Covered Call ETF vs Global X Defense Tech ETF — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $17.87, while Global X Defense Tech ETF trades at $60.76. The key difference: Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, Global X Defense Tech ETF nearer its low. Which is the better fit depends on your goals.
| QYLD | SHLD | |
|---|---|---|
Sector | Income / Options Overlay | Sector/Thematic |
52-Week High | $18.52 | $78.02 |
52-Week Low | $16.46 | $58.20 |
Trailing returns across standard periods
Latest headlines on both assets
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 →SHLD tracks the Global X Defense Tech Index, targeting companies that lead the technological transformation of the defense sector. It focuses on pure-play innovators in cybersecurity, artificial intelligence, robotics, and advanced military systems, excluding traditional commercial aerospace to maintain a high level of thematic purity.
Read more on SHLD →