# Global X Nasdaq 100 Covered Call UCITS ETF USD (QYLP) **Source:** https://fundology.uk/fund/qylp · ISIN IE00BM8R0J59 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, QYLP (Global X Nasdaq 100 Covered Call UCITS ETF USD, ISIN IE00BM8R0J59) closed at £12.88 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the three years to 30/09/2026 its total return was +12.0%, or +1.0% after UK CPIH inflation. ## Summary Global X Nasdaq 100 Covered Call UCITS ETF USD is an exchange-traded fund (ETF) from Global X, launched in 2022. It tracks the CBOE NASDAQ-100 BuyWrite V2 UCITS Index - Benchmark TR Gross — the 100 largest non-financial companies on the US Nasdaq exchange, weighted heavily towards technology. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£12.88** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | QYLP | | ISIN | IE00BM8R0J59 | | Category | Global shares | | Type | ETF | | Provider | Global X | | Tracks | CBOE NASDAQ-100 BuyWrite V2 UCITS Index - Benchmark TR Gross | | Income | Distributing | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £479m | | Launched | 2022 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +21.37% | +17.57% | income reinvested | | 3 years | +11.96% | +1.03% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Global X Nasdaq 100 Covered Call UCITS ETF USD in pounds (price only, income paid out not included): 2023 +4.6%, 2024 +10.5%, 2025 −12.8%; 2026 to 30/09/2026 +3.9%. Returns of Global X Nasdaq 100 Covered Call UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +8.2%; to 30/09/2025: −6.6%; to 30/09/2024: −1.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +4.6% | +0.4% | Price | | 2024 | +10.5% | +6.7% | Price | | 2025 | -12.8% | -15.8% | Price | | 2026 to 30/09/2026 | +3.9% | +1.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.02% | -6.85% | | 3 years | 12.42% | -22.88% | ## Largest fall Volatility of Global X Nasdaq 100 Covered Call UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 11.0% over 1 year, 12.4% over 3 years. Largest fall in the price of Global X Nasdaq 100 Covered Call UCITS ETF USD since November 2022, in pounds: −22.9% from 17/01/2025 to 23/05/2025. The lowest 12-month return of Global X Nasdaq 100 Covered Call UCITS ETF USD in pounds (price only, income paid out not included) since November 2022 was −16.4% (12 months to 06/02/2026); the highest was +14.5% (12 months to 17/01/2025). On 30/09/2026 the price of Global X Nasdaq 100 Covered Call UCITS ETF USD was 13.2% below its highest weekly close since November 2022 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Global X Nasdaq 100 Covered Call UCITS ETF USD 0.45% a year, as of 01/10/2026: 47 of the 211 other global share funds charge more, 11 the same and 153 less (share classes counted once). ## Funds tracking the same index 2 funds track CBOE NASDAQ-100 BuyWrite V2 UCITS Index - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.45% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Global X NASDAQ 100 Covered Call ETF Accum- USD | 0.45% | +20.9% | +9.1% | — | | Global X Nasdaq 100 Covered Call UCITS ETF USD (this fund) | 0.45% | +21.4% | +12.0% | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** per year - ISA eligible: yes - SIPP eligible: yes --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.