Global X NASDAQ 100 Covered Call ETF vs YieldMax TSLA Option Income Strategy ETF — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $17.87, while YieldMax TSLA Option Income Strategy ETF trades at $24.36. The key difference: Global X NASDAQ 100 Covered Call ETF is trading nearer its 52-week high, YieldMax TSLA Option Income Strategy ETF nearer its low. Which is the better fit depends on your goals.
| QYLD | TSLY | |
|---|---|---|
Sector | Income / Options Overlay | Income / Options Overlay |
52-Week High | $18.52 | $48.25 |
52-Week Low | $16.46 | $25.07 |
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 →TSLY is an actively managed ETF that seeks to provide high monthly income by employing a synthetic covered call strategy on Tesla, Inc. (TSLA). It does not own Tesla stock directly; instead, it uses a combination of call and put options to simulate long exposure while simultaneously selling call options to collect premiums. It is designed for income-focused investors who are willing to trade TSLA's potential upside for immediate, aggressive yield.
Read more on TSLY →