ETF · Global X Funds
QYLD Global X Nasdaq 100 Covered Call ETF
Global X Nasdaq 100 Covered Call ETF has a mixed profile — some signals are healthy, others warrant a closer look.
Why we rate it 5.1
- Very high yield of 9.88% — often signals stress or a structural pay-out (covered call ETFs, mREITs, etc.)
- Payout ratio not applicable for ETFs — ETF distributions are dictated by the fund's underlying holdings
- ETF structure provides built-in diversification — single-name dividend cuts have limited impact
- Mid-cap scale — more sensitive to economic cycles
Where QYLD ranks
We compute the same 0–10 safety score across 53 dividend-paying stocks and ETFs. Here's where QYLD lands inside that universe.
The universe is curated to the most-searched US dividend payers. We'll expand it as the data layer grows; sector percentiles only appear when we have at least 5 comparable peers.
The two questions a safety score doesn't answer
A safety score tells you how durable QYLD's payout looks. It does not tell you what you keep after tax, or whether something else does the same job better.
On tax: what you actually pocket depends on whether QYLD dividends are qualified — qualified distributions are taxed at 0%, 15%, or 20%, while ordinary ones are taxed at your full marginal rate, a gap that can reach 22 percentage points of the income on the same headline yield.
On substitutes: if QYLD's 5.1/10 score is lower than you want, see QYLD alternatives — same-sector ETFs ranked by how closely they match QYLD on both yield and safety, so you can see what a swap actually costs you.
About Global X Nasdaq 100 Covered Call ETF
The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100® BuyWrite Index is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100® Index, and "writes" (or sells) a succession of one-month at-the-money NASDAQ-100® Index covered call options. It is non-diversified.
How we score dividend safety
The Infnits dividend safety score is a 0–10 rating derived from yield zone, payout ratio (when applicable), yield trend versus 5-year average, instrument type, and company size. Each factor is independently transparent — see the reasons above for exactly which factors contributed to QYLD's score.
For the full methodology including the in-app version that uses ETF look-through and historical cut data, see our methodology page.
This is educational, not investment advice. Dividend safety scores reflect a snapshot of public data on the "as of" date shown. Verify current data on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked questions
Is QYLD safe?
On dividend safety specifically, Infnits scores QYLD 5.1/10 — mixed. Global X Nasdaq 100 Covered Call ETF has a mixed profile — some signals are healthy, others warrant a closer look. That score measures how durable the payout looks based on yield zone, payout ratio, yield trend, and instrument type; it does not measure price risk, valuation, or whether QYLD suits your portfolio.
Is QYLD's dividend safe?
Based on snapshot data — yield 9.88%, payout ratio —, instrument type etf — Infnits rates QYLD's dividend safety profile as mixed (5.1/10). This is one signal, not a recommendation.
What is QYLD's current dividend yield?
QYLD has a current dividend yield of 9.88% as of August 27, 2026.
How is QYLD's safety score calculated?
The score combines yield zone (yields above 7% historically carry elevated cut risk), payout ratio (lower is safer), trend vs. 5-year average yield, instrument type (ETFs are inherently more diversified), and size (larger companies have more stable cash flows). Each factor is scored 0-2.5 and summed to a 0-10 result.
Where does this data come from?
Fundamentals are sourced from public market data and refreshed regularly. The "as of" date on each page reflects the snapshot used for the score. For real-time data, check the issuer's investor relations page or your brokerage.
Should I buy QYLD based on this score?
No — this is an educational score based on a handful of public signals, not investment advice. Use it as one input among many. For a portfolio-aware analysis with ETF look-through and personalized insights, install the Infnits app.
Get emailed when QYLD score changes.
QYLD head-to-head comparisons
See QYLD compared side-by-side with the most-searched peer tickers — yield, safety, growth trend, expense ratio, and tax treatment.
More QYLD analysis
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See how QYLD fits your portfolio
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Or read how safety scoring works.