Global X NASDAQ 100 Covered Call ETF vs Shopify Inc. — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $18.69 (market cap $8.49B), while Shopify Inc. trades at $170.85 (market cap $211.73B). The key difference: Shopify Inc. is far larger — about 24.9× Global X NASDAQ 100 Covered Call ETF's market cap, and Shopify Inc. is more actively traded (7,146,651 versus 2,913,938). Which is the better fit depends on your goals — on Pluang, investors hold Global X NASDAQ 100 Covered Call ETF for 51 Days and Shopify Inc. for 78 Days on average.
| QYLD | SHOP | |
|---|---|---|
Market Cap | $8.49B | $211.73B |
Volume | 2,913,938 | 7,146,651 |
Sector | Income / Options Overlay | Technology |
52-Week High | $18.69 | $179.01 |
52-Week Low | $16.70 | $95.40 |
Typical Hold Time | 51 Days | 78 Days |
Enterprise Value | — | $206.96B |
Signals from Pluang's Aura AI — not financial advice
QYLD trades at $18.66, showing minimal daily movement with a slight decline of -0.11%. The ETF maintains a consistent monthly dividend distribution of $0.18 per share, with technical indicators showing mixed signals—bullish moving averages but bearish oscillators including overbought RSI readings. Recent news highlights QYLD's high yield strategy but raises concerns about long-term capital erosion and tax implications.
QYLD offers high monthly income through covered call strategies but faces significant risks from capped upside potential and principal erosion. The ETF's distribution sustainability depends on Nasdaq volatility, with recent articles warning about declining option premiums. Investors should weigh the trade-off between immediate income and long-term capital preservation.
Shopify (SHOP) trades at $164.54, down 0.84% on the day, with strong technical momentum showing bullish moving average signals despite overbought RSI readings. The company demonstrates robust revenue growth, with 2025 revenue reaching $11.56 billion and net income of $1.23 billion, though valuation metrics remain elevated with a P/E of 111. Recent developments include the launch of Canvas AI store-building tools and expanding payment services.
Shopify maintains strong growth trajectory with accelerating merchant solutions revenue and expanding AI capabilities. However, premium valuation multiples and competitive pressures from Amazon pose risks. Analyst consensus remains bullish with 67% buy ratings and $168.63 price target, suggesting modest upside potential from current levels.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Shopify Inc. provides a cloud-based commerce platform. The Company offers a platform for merchants to create an omni-channel experience that helps showcase the merchant's brand.
Read more on SHOP →