Global X NASDAQ 100 Covered Call ETF vs Invesco S&P 500 High Div Low Volatility ETF — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $17.87, while Invesco S&P 500 High Div Low Volatility ETF trades at $52.39. The key difference: Invesco S&P 500 High Div Low Volatility ETF 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.
| QYLD | SPHD | |
|---|---|---|
Sector | Income / Options Overlay | — |
52-Week High | $18.52 | $53.18 |
52-Week Low | $16.46 | $46.96 |
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 →The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the “index Provider”) compiles, maintains and calculates the underlying index, which is designed to measure the performance of 50 least volatile high yielding constituents of the S&P 500 ® Index in the past year.
Read more on SPHD →