Global X Nasdaq 100 Covered Call & Growth ETF (QYLG) Valuation

NASDAQ: QYLGP/E, earnings yield and other ratios of the holdings combined.

QYLG valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 34.5
Forward P/E: 23.4
Price / sales: 5.96
Price / book: 9.33
EV / EBITDA: 21.3
Earnings yield: 2.90%
Dividend yield: 0.58%
Return on equity: 27.1%
Net margin: 17.3%
Beta: 1.42

QYLG valuation vs other stock ETFs

P/E (TTM)Forward P/E

QYLG valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
QYLG	34.5	23.4	5.96	9.33	0.58%	27.1%	17.3%	7.0%
SPY	25.9	19.9	3.67	5.47	1.08%	21.1%	14.2%	1.9%
QQQ	34.2	23.4	5.93	9.27	0.58%	27.1%	17.4%	6.9%
DIA	20.9	18.4	3.16	5.52	1.55%	26.4%	15.1%	0.0%
VTI	28.2	19.4	3.31	5.00	1.07%	17.7%	11.8%	4.6%
IWM	n/m	13.9	1.25	2.03	1.38%	−1.7%	−1.0%	28.1%

Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.

QYLG valuation by sector

P/E (TTM)Forward P/E

QYLG valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	58.3%	40.2	22.9	11.64	13.84	0.48%	34.5%
Communication Services	12.1%	18.9	19.0	5.24	5.67	0.57%	30.1%
Consumer Cyclical	11.1%	31.9	29.3	3.43	7.97	0.22%	25.0%
Consumer Defensive	6.4%	34.8	28.6	1.54	7.54	1.38%	21.7%
Industrials	5.3%	63.7	51.3	9.12	9.16	0.45%	14.4%
Healthcare	4.7%	53.3	19.3	6.95	8.50	1.00%	15.9%
Utilities	1.1%	21.7	17.2	2.74	2.10	2.32%	9.7%
Basic Materials	1.0%	32.2	23.6	6.48	5.48	1.28%	17.0%
Energy	0.5%	24.3	13.0	2.53	1.88	1.90%	7.7%
Financial Services	0.2%	10.7	9.1	1.43	2.27	0.99%	21.1%

QYLG earnings yield vs bond yields

QYLG earnings yield (forward)

4.27%

QYLG earnings yield (trailing)

2.90%

QYLG dividend yield

0.58%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.

How QYLG weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

QYLG largest holdings: valuation

QYLG largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
AAPL	Apple Inc.	8.53%	39.4	35.2	10.7	0.31%	7.45%
NVDA	NVIDIA Corporation	8.02%	27.1	24.9	17.1	0.47%	10.19%
MSFT	Microsoft Corporation	5.97%	29.5	25.1	11.8	0.74%	6.96%
AMZN	Amazon.com, Inc.	4.43%	20.1	23.6	3.5	—	7.57%
MU	Micron Technology, Inc.	4.21%	11.8	7.0	7.5	0.07%	12.25%
AMD	Advanced Micro Devices, Inc.	3.76%	134.9	39.5	20.9	—	0.96%
TSLA	Tesla, Inc.	3.22%	328.4	158.7	13.5	—	0.34%
META	Meta Platforms, Inc.	3.18%	26.7	22.1	7.9	0.30%	4.09%
GOOG	Alphabet Inc.	2.97%	16.9	21.8	9.2	0.26%	6.05%
GOOGL	Alphabet Inc.	2.93%	17.1	22.8	9.3	0.26%	5.89%
SPCX	Space Exploration Technologies Corp.	2.78%	—	200.0	83.5	—	−0.42%
WMT	Walmart Inc.	2.56%	43.0	38.0	1.3	0.83%	2.04%
AVGO	Broadcom Inc.	2.54%	43.3	19.4	17.6	0.79%	2.02%
PLTR	Palantir Technologies Inc.	2.10%	160.4	85.5	72.6	—	0.45%
COST	Costco Wholesale Corporation	2.02%	47.6	40.3	1.4	0.59%	1.45%
INTC	Intel Corporation	1.98%	—	63.3	8.3	—	−1.61%
CSCO	Cisco Systems, Inc.	1.83%	32.2	19.8	6.7	1.56%	1.96%
AMAT	Applied Materials, Inc.	1.38%	35.3	23.4	10.5	0.52%	1.34%
LRCX	Lam Research Corporation	1.34%	45.8	33.7	14.2	0.50%	1.00%
PANW	Palo Alto Networks, Inc.	1.29%	855.0	94.3	24.4	—	0.05%
NFLX	Netflix, Inc.	1.27%	22.2	18.7	6.1	—	1.96%
TXN	Texas Instruments Incorporated	1.19%	42.1	27.5	13.0	2.20%	0.97%
AMGN	Amgen Inc.	1.11%	26.9	16.7	6.1	2.33%	1.42%
CRWD	CrowdStrike Holdings, Inc.	1.10%	—	208.3	43.1	—	0.01%
LIN	Linde plc	1.05%	32.2	23.6	6.5	1.28%	1.12%

Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.

About QYLG valuation

Adding up its 96 holdings with company data, QYLG trades at 34.5 times trailing earnings and 23.4 times analysts' forward estimates, with a price-to-book ratio of 9.33 and a dividend yield of 0.58%. Its earnings yield of 2.90% is 2.43 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 47.2% of the fund and earn 61.8% of its combined profit. By sector, Industrials is the most expensive at 63.7 times earnings and Financial Services the cheapest at 10.7. Companies that lost money over the past year are 7.0% of the covered weight.

How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

QYLG valuation FAQ

What is the P/E ratio of QYLG?

Based on its holdings, QYLG has a trailing P/E of 34.5 and a forward P/E of 23.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of QYLG?

The trailing earnings yield is 2.90% (1 ÷ P/E) and the forward earnings yield 4.27%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is QYLG more expensive than the S&P 500?

QYLG trades at 34.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.4 and 19.9.

What is the price-to-book ratio of QYLG?

The holdings of QYLG trade at 9.33 times book value, with a combined return on equity of 27.1%.

Which sector in QYLG has the highest P/E?

Industrials has the highest P/E at 63.7 and Financial Services the lowest at 10.7.