# Global X NASDAQ 100 Covered Call ETF Accum- USD (QYLU) **Page:** https://fundology.uk/fund/qylu · ISIN IE00BM8R0H36 ## 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 13/11/2026, QYLU (Global X NASDAQ 100 Covered Call ETF Accum- USD, ISIN IE00BM8R0H36) closed at $25.15 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the three years to 13/11/2026 its price changed by +32.8%, or +20.0% after UK CPIH inflation. ## Summary Global X NASDAQ 100 Covered Call ETF Accum- 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$25.15** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | QYLU | | ISIN | IE00BM8R0H36 | | Category | US shares | | Type | ETF | | Provider | Global X | | Tracks | CBOE NASDAQ-100 BuyWrite V2 UCITS Index - Benchmark TR Gross | | Income | Accumulating | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £74.9m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/11/2022 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +11.32% | +7.38% | income reinvested | | 3 years | +32.83% | +20.01% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Global X NASDAQ 100 Covered Call ETF Accum- USD in pounds (price, with income reinvested in the fund): 2023 +16.0%, 2024 +26.1%, 2025 −1.8%; 2026 to 13/11/2026 +7.4%. Returns of Global X NASDAQ 100 Covered Call ETF Accum- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.8%; to 30/09/2025: +5.6%; to 30/09/2024: +10.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +16.0% | +11.3% | Price | | 2024 | +26.1% | +21.8% | Price | | 2025 | -1.8% | -5.2% | Price | | 2026 to 13/11/2026 | +7.4% | +4.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.64% | -7.78% | | 3 years | 14.50% | -21.94% | ## Largest fall Volatility of Global X NASDAQ 100 Covered Call ETF Accum- USD in pounds, annualised from weekly returns to 13/11/2026: 11.6% over 1 year, 14.5% over 3 years. Largest fall in the price of Global X NASDAQ 100 Covered Call ETF Accum- USD since November 2022, in pounds: −21.9% from 17/01/2025 to 23/05/2025. The lowest 12-month return of Global X NASDAQ 100 Covered Call ETF Accum- USD in pounds (price, with income reinvested in the fund) since November 2022 was −5.8% (12 months to 30/01/2026); the highest was +28.8% (12 months to 17/01/2025). On 13/11/2026 the price of Global X NASDAQ 100 Covered Call ETF Accum- USD was 4.6% below its highest weekly close since November 2022 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Global X NASDAQ 100 Covered Call ETF Accum- USD 0.45% a year. Compared on 14/11/2026, 26 of the 254 other US share funds charge more, 2 the same and 226 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 (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Global X NASDAQ 100 Covered Call ETF Accum- USD (this fund) | 0.45% | +11.3% | — | — | | Global X Nasdaq 100 Covered Call UCITS ETF USD | 0.45% | +10.9% | +9.4% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of QYLU?** The ongoing charge of QYLU 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. Platform and dealing fees are charged separately. Ongoing charge of Global X NASDAQ 100 Covered Call ETF Accum- USD 0.45% a year. Compared on 14/11/2026, 26 of the 254 other US share funds charge more, 2 the same and 226 less (share classes counted once). **What does QYLU track?** QYLU 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. **Is QYLU accumulating or distributing?** QYLU is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of QYLU?** The ISIN of QYLU is IE00BM8R0H36. An ISIN identifies one exact share class of a fund; QYLU is its ticker on the London Stock Exchange. **What were QYLU’s returns in each of the last five years?** Calendar-year returns of QYLU in pounds (price, with income reinvested in the fund): 2023 +16.0%, 2024 +26.1%, 2025 −1.8%; 2026 to 13/11/2026 +7.4%. Past performance is not a guide to future returns. **How has QYLU done after inflation?** Over the three years to 13/11/2026 QYLU’s price changed by +32.8%, or +20.0% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.