Global X NASDAQ 100 Covered Call ETF vs Suncor Energy Inc. — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $17.87, while Suncor Energy Inc. trades at $64.78 (market cap $75.38B). The key difference: Suncor Energy Inc. pays a 2.65% dividend while Global X NASDAQ 100 Covered Call ETF pays none, and Suncor Energy Inc. 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 | SU | |
|---|---|---|
Sector | Income / Options Overlay | Energy |
52-Week High | $18.52 | $69.73 |
52-Week Low | $16.46 | $38.17 |
Market Cap | — | $75.38B |
Enterprise Value | — | $83.58B |
Dividend Yield | — | 2.65% |
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 →Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
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