Global X NASDAQ 100 Covered Call ETF Price & Performance (QYLD)

US Bancorp DE has increased its investment in the Global X Nasdaq 100 Covered Call ETF by 13.6% during the fourth quarter. The firm now holds 25,677 shares worth $468,000. Other major investors have also shown interest, with notable increases in holdings observed across various institutions.1

Covered call ETFs are proving attractive during turbulent markets, offering income generation and partial downside protection. These funds, which sell call options on stocks, benefit from higher volatility through increased premiums. They perform well in sideways or moderately bullish markets but may lag during strong rallies.2

Smartleaf Asset Management LLC acquired 1,463 shares of the Global X S&P 500 Covered Call ETF in Q4, valued at $61,000. Other firms, such as Cape Investment Advisory Inc., also boosted their holdings significantly, highlighting growing confidence in the income-generating potential of covered call strategies.3