Key stats
About Global X Funds Global X S&P 500 Quality Dividend Covered Call ETF
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Inception date
May 7, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
QDCC aims to provide growth potential and yield by combining long positions in the Global X S&P 500 Quality Dividend ETF (QDIV) with short-covered call options, in equal notional amounts. QDIV is an equally weighted ETF that fundamentally selects the top 200 S&P stocks exhibiting high quality and dividend yield characteristics. The fund maintains a theoretical portfolio of stocks from the reference index, while also writing a succession of one-month, at-the-money FLEX call options on each share. These call options represent 100% of the portfolio value and are held until expiration, either expiring or settling in cash. Additionally, these contracts are collateralized by the equity portfolio. While this strategy potentially generates income through the options premium, it does place a drag on the appreciation potential. The index undergoes reconstitution and rebalancing semiannually, occurring on the third Friday of June and December.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF103.82%
Cash1.05%
Rights & Warrants−4.86%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QDCC last dividends amounted to 0.24 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 27.57% increase.
QDCC assets under management is 1.19 M USD. It's risen 1.78% over the last month.
QDCC fund flows account for −1.27 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QDCC pays dividends to its holders with the dividend yield of 10.53%. The last dividend (Jul 28, 2025) amounted to 0.24 USD. The dividends are paid monthly.
QDCC shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on May 7, 2024, and its management style is Passive.
QDCC expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
QDCC follows the Cboe QDIV ATM BuyWrite Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QDCC invests in funds.
QDCC price has risen by 2.25% over the last month, and its yearly performance shows a −1.74% decrease. See more dynamics on QDCC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 6.48% increase in three-month performance and has increased by 2.25% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 6.48% increase in three-month performance and has increased by 2.25% in a year.
QDCC trades at a premium (1.61%) meaning the ETF is trading at a higher price than the calculated NAV.