QQQX and QYLG are both covered call ETFs tracking the same benchmark, but with different approaches. QQQX offers ~8% yield with a focus on sophisticated investor comfortable with cef structure, while QYLG provides ~6% yield targeting tech-oriented investor wanting nasdaq exposure with partial income overlay. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
Nuveen Nasdaq 100 Dynamic Overwrite Fund
4.4
Overall Score
Global X Nasdaq 100 Covered Call & Growth ETF
6.2
Overall Score
| Criteria | QQQX | QYLG |
|---|---|---|
| Overall Score | 4.4 6.2 | |
| Total Return (25%) | 4.0 7.2 | |
| Downside Protection (25%) | 1.2 4.2 | |
| Upside Participation (25%) | 8.3 7.9 | |
| Consistency (15%) | 4.8 5.2 | |
| Expense Ratio (5%) | 1.3 5.0 | |
| Liquidity (5%) | 4.8 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QQQX | QYLG |
|---|---|---|
| Expense Ratio | 0.900% | 0.600% |
| Inception Date | Jan 25, 2007 | Sep 24, 2020 |
| Issuer | Nuveen | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 4/5 stars |
Interesting dynamic approach — but CEF complexity and high fees limit its appeal vs newer ETF alternatives
Investor Profile:
Sophisticated investor comfortable with CEF structure
Same logic as XYLG but on Nasdaq — better suited for growth-focused investors than income-focused ones
Investor Profile:
Tech-oriented investor wanting Nasdaq exposure with partial income overlay
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.