Global X NASDAQ 100 Covered Call ETF vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? Global X NASDAQ 100 Covered Call ETF trades at $17.87, while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $70.56. The key difference: Vanguard Tax Managed Fund FTSE Developed Markets 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 | VEA | |
|---|---|---|
Sector | Income / Options Overlay | — |
52-Week High | $18.52 | $72.39 |
52-Week Low | $16.46 | $56.02 |
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 employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Read more on VEA →