Global X NASDAQ 100 Covered Call ETF vs SMX Security Matters plc — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $18.69 (market cap $8.49B), while SMX Security Matters plc trades at $3.79 (market cap $4.13M). The key difference: Global X NASDAQ 100 Covered Call ETF is far larger — about 2055.7× SMX Security Matters plc's market cap, and Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, SMX Security Matters plc nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold Global X NASDAQ 100 Covered Call ETF for 51 Days and SMX Security Matters plc for 21 Days on average.
| QYLD | SMX | |
|---|---|---|
Market Cap | $8.49B | $4.13M |
Volume | 2,913,938 | 124,362 |
Sector | Income / Options Overlay | Industrials |
52-Week High | $18.69 | $74.08K |
52-Week Low | $16.70 | $3.79 |
Typical Hold Time | 51 Days | 21 Days |
Enterprise Value | — | -$27.20M |
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.
SMX trades at $3.79, down 2.82% today, amid a bearish technical signal from moving averages despite oversold RSI readings. The company reported no revenue for 2025, with a net loss of $169.18 million and negative cash flow from operations, though financing activities provided a net cash inflow. Recent news highlights SMX's focus on recycled plastic verification and digital material passports, gaining media attention from outlets like Forbes and the Boston Herald in late 2026.
The outlook is highly speculative given the absence of revenue and deep losses; investment hinges on successful commercialization of its technology. Key risks include execution challenges, cash burn, and competitive pressures in the recycling sector. Analyst sentiment is cautious due to the lack of profitability and substantial financial deficits.
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 →SMX Security Matters plc is a digital authentication and tracking technology company that uses a chemical-based, invisible marker system to trace and verify products across global supply chains. Their technology creates a 'digital twin' of physical products, used for quality control, counterfeiting prevention, and ensuring sustainability compliance from raw materials to final sale. The company's solutions are applied across various industries, including precious materials, luxury goods, and fast-moving consumer goods.
Read more on SMX →