QYLG and QQQX are both covered call ETFs tracking the same benchmark, but with different approaches. QYLG offers ~6% yield with a focus on tech-oriented investor wanting nasdaq exposure with partial income overlay, while QQQX provides ~8% yield targeting sophisticated investor comfortable with cef structure. 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
Global X Nasdaq 100 Covered Call & Growth ETF
6.1
Overall Score
Nuveen Nasdaq 100 Dynamic Overwrite Fund
4.2
Overall Score
| Criteria | QYLG | QQQX |
|---|---|---|
| Overall Score | 6.1 4.2 | |
| Total Return (25%) | 7.2 4.0 | |
| Downside Protection (25%) | 4.1 — | |
| Upside Participation (25%) | 8.0 8.8 | |
| Consistency (15%) | 4.9 4.7 | |
| Expense Ratio (5%) | 5.0 1.3 | |
| Liquidity (5%) | 5.9 4.8 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QYLG | QQQX |
|---|---|---|
| Expense Ratio | 0.600% | 0.900% |
| Inception Date | Sep 24, 2020 | Jan 25, 2007 |
| Issuer | Global X | Nuveen |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 4/5 stars | 5/5 stars |
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
Interesting dynamic approach — but CEF complexity and high fees limit its appeal vs newer ETF alternatives
Investor Profile:
Sophisticated investor comfortable with CEF structure