XCLR


S&P 500 Collar 95-110 ETF

Reasons to Consider XCLR

Growth Potential

XCLR enables investors to participate in the growth of the S&P 500, up to approximately 10% from the selling of the call to the options' expiration in three months.

Manage Risk

By employing a collar strategy, XCLR aims to lessen drawdowns to approximately -5% from the purchase of the put to the options’ expiration in three months, potentially reducing systematic risk and equity volatility within a strategic allocation.

Efficient Options Execution

XCLR buys put options and sells call options on the S&P 500, saving investors the time and potential expense of doing so individually.

Key Information As of 04/15/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.60 million
NAV $28.91
Fact Sheet View the document

ETF Summary

The Global X S&P 500 Collar 95-110 ETF (XCLR) employs a collar strategy for investors seeking range-bound equity returns. XCLR seeks to achieve this outcome by owning the stocks in the S&P 500 Index (SPX), while buying 5% out-of-the-money (OTM) put options1 on SPX, and selling 10% OTM call options on the same index.

ETF Objective

The Global X S&P 500 Collar 95-110 ETF (XCLR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 3-Month Collar 95-110 Index.

Trading Details As of 04/12/24

Ticker XCLR
Bloomberg Index Ticker CLL3M
CUSIP 37960A305
ISIN US37960A3059
Primary Exchange NYSE Arca
Shares Outstanding 90,000
Number of Holdings 506
30-Day Median Bid-Ask Spread 0.31%

Distributions As of 04/15/24

30-Day SEC Yield 1.15%
Distribution Frequency Semi-Annually

1An out-of-the-money put option conveys the right, but not the obligation, to sell an underlying asset at a strike price below that underlying asset’s market price; an out-of-the-money call option conveys the right, but not the obligation, to buy an underlying asset at a strike price above that underlying asset’s market price (learn more)

ETF Prices As of 04/15/24

NAV $28.91 Daily Change -$0.26 -0.89%
Market Price $28.91 Daily Change -$0.23 -0.79%

Performance History

As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
1 Year 21.78% 21.97% 22.29%
Since Inception 4.97% 4.97% 5.41%
1 Year 21.78% 21.97% 22.29%
Since Inception 4.97% 4.97% 5.41%
Year-to-Date 9.19% 9.27% 9.27%
1 Month 2.73% 2.70% 2.71%
3 Months 9.19% 9.27% 9.27%
Since Inception 13.44% 13.44% 14.69%
Year-to-Date 9.19% 9.27% 9.27%
1 Month 2.73% 2.70% 2.71%
3 Months 9.19% 9.27% 9.27%
Since Inception 13.44% 13.44% 14.69%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 04/12/24

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$2,049,364 5650 10.28% 06/21/2024 70
Short S&P 500 Mini Call Option -$512,341 565 10.28% 06/21/2024 70

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long S&P 500 Put Option $2,049,364 4875 -4.85% 06/21/2024 70
Long S&P 500 Mini Put Option $512,341 488 -4.75% 06/21/2024 70

Top Holdings As of 04/15/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.14 MSFT MICROSOFT CORP 2588173 413.64 449 185,724.36
5.83 AAPL APPLE INC 2046251 172.69 878 151,621.82
4.93 NVDA NVIDIA CORP 2379504 860.01 149 128,141.49
3.90 AMZN AMAZON.COM INC 2000019 183.62 553 101,541.86
2.56 META META PLATFORMS INC B7TL820 500.23 133 66,530.59
2.13 GOOGL ALPHABET INC-CL A BYVY8G0 154.86 358 55,439.88
1.80 GOOG ALPHABET INC-CL C BYY88Y7 156.33 300 46,899.00
1.69 BRK/B BERKSHIRE HATH-B 2073390 400.26 110 44,028.60
1.39 LLY ELI LILLY & CO 2516152 750.77 48 36,036.96
1.36 AVGO BROADCOM INC BDZ78H9 1,310.69 27 35,388.63
1.22 JPM JPMORGAN CHASE & CO 2190385 182.89 174 31,822.86
1.11 XOM EXXON MOBIL CORP 2326618 119.68 241 28,842.88
1.04 TSLA TESLA INC B616C79 161.48 168 27,128.64
1.01 V VISA INC-CLASS A SHARES B2PZN04 271.28 97 26,314.16
1.01 SPX US 06/21/24 P4875 6,535.00 4 26,140.00
0.96 UNH UNITEDHEALTH GROUP INC 2917766 445.63 56 24,955.28
0.88 MA MASTERCARD INC - A B121557 459.79 50 22,989.50
0.85 PG PROCTER & GAMBLE CO/THE 2704407 155.45 143 22,229.35
0.83 JNJ JOHNSON & JOHNSON 2475833 147.59 146 21,548.14
0.79 HD HOME DEPOT INC 2434209 337.93 61 20,613.73
0.75 MRK MERCK & CO. INC. 2778844 126.19 155 19,559.45
0.75 COST COSTCO WHOLESALE CORP 2701271 718.28 27 19,393.56
0.67 ABBV ABBVIE INC B92SR70 161.67 108 17,460.36
0.64 CVX CHEVRON CORP 2838555 157.59 105 16,546.95
0.62 CRM SALESFORCE INC 2310525 272.90 59 16,101.10
0.61 NFLX NETFLIX INC 2857817 607.15 26 15,785.90
0.60 AMD ADVANCED MICRO DEVICES 2007849 160.32 98 15,711.36
0.60 WMT WALMART INC 2936921 59.93 261 15,641.73
0.58 BAC BANK OF AMERICA CORP 2295677 35.95 418 15,027.10
0.54 PEP PEPSICO INC 2681511 166.95 84 14,023.80
0.53 KO COCA-COLA CO/THE 2206657 58.14 236 13,721.04
0.51 ADBE ADOBE INC 2008154 470.10 28 13,162.80
0.50 LIN LINDE PLC BNZHB81 444.75 29 12,897.75
0.49 TMO THERMO FISHER 2886907 557.87 23 12,831.01
0.48 DIS WALT DISNEY CO/THE 2270726 112.95 111 12,537.45
0.48 WFC WELLS FARGO & CO 2649100 56.97 219 12,476.43
0.46 CSCO CISCO SYSTEMS INC 2198163 48.24 247 11,915.28
0.46 ACN ACCENTURE PLC-CL A B4BNMY3 313.27 38 11,904.26
0.45 MCD MCDONALD'S CORP 2550707 266.23 44 11,714.12
0.44 QCOM QUALCOMM INC 2714923 169.84 68 11,549.12
0.44 ORCL ORACLE CORP 2661568 119.88 96 11,508.48
0.44 ABT ABBOTT LABORATORIES 2002305 108.89 105 11,433.45
0.43 CAT CATERPILLAR INC 2180201 363.91 31 11,281.21
0.40 AMAT APPLIED MATERIALS INC 2046552 205.68 51 10,489.68
0.40 INTU INTUIT INC 2459020 612.12 17 10,406.04
0.39 VZ VERIZON COMMUNIC 2090571 40.11 255 10,228.05
0.39 GE GE AEROSPACE BL59CR9 153.70 66 10,144.20
0.38 IBM IBM 2005973 181.25 55 9,968.75
0.37 DHR DANAHER CORP 2250870 239.66 40 9,586.40
0.37 CMCSA COMCAST CORP-CLASS A 2044545 39.43 241 9,502.63
0.36 COP CONOCOPHILLIPS 2685717 130.25 72 9,378.00
0.36 INTC INTEL CORP 2463247 36.31 257 9,331.67
0.35 UBER UBER TECHNOLOGIES INC BK6N347 73.40 125 9,175.00
0.35 TXN TEXAS INSTRUMENTS INC 2885409 166.35 55 9,149.25
0.34 UNP UNION PACIFIC CORP 2914734 233.94 38 8,889.72
0.34 PFE PFIZER INC 2684703 25.91 343 8,887.13
0.34 NOW SERVICENOW INC B80NXX8 735.81 12 8,829.72
0.33 AMGN AMGEN INC 2023607 265.51 32 8,496.32
0.32 PM PHILIP MORRIS IN B2PKRQ3 88.60 94 8,328.40
0.32 SPGI S&P GLOBAL INC BYV2325 409.56 20 8,191.20
0.31 MU MICRON TECHNOLOGY INC 2588184 121.37 67 8,131.79
0.31 RTX RTX CORPORATION BM5M5Y3 100.02 81 8,101.62
0.31 LOW LOWE'S COS INC 2536763 230.01 35 8,050.35
0.31 GS GOLDMAN SACHS GROUP INC 2407966 400.88 20 8,017.60
0.31 ISRG INTUITIVE SURGICAL INC 2871301 377.36 21 7,924.56
0.30 ETN EATON CORP PLC B8KQN82 315.28 25 7,882.00
0.30 AXP AMERICAN EXPRESS CO 2026082 218.40 36 7,862.40
0.30 NEE NEXTERA ENERGY INC 2328915 62.75 124 7,781.00
0.30 HON HONEYWELL INTL 2020459 194.04 40 7,761.60
0.29 PGR PROGRESSIVE CORP 2705024 206.59 37 7,643.83
0.29 LRCX LAM RESEARCH CORP 2502247 946.17 8 7,569.36
0.27 SYK STRYKER CORP 2853688 339.13 21 7,121.73
0.27 T AT&T INC 2831811 16.24 434 7,048.16
0.27 ELV ELEVANCE HEALTH INC BSPHGL4 500.09 14 7,001.26
0.27 BKNG BOOKING HOLDINGS INC BDRXDB4 3,485.63 2 6,971.26
0.27 NKE NIKE INC -CL B 2640147 93.10 74 6,889.40
0.26 C CITIGROUP INC 2297907 58.56 115 6,734.40
0.26 XSP US 06/21/24 P488 671.50 10 6,715.00
0.25 MS MORGAN STANLEY 2262314 86.99 76 6,611.24
0.25 MDT MEDTRONIC PLC BTN1Y11 80.23 82 6,578.86
0.25 PLD PROLOGIS INC B44WZD7 115.79 56 6,484.24
0.25 TJX TJX COMPANIES INC 2989301 92.98 69 6,415.62
0.25 SCHW SCHWAB (CHARLES) CORP 2779397 71.23 90 6,410.70
0.25 UPS UNITED PARCEL-B 2517382 144.85 44 6,373.40
0.24 VRTX VERTEX PHARM 2931034 397.36 16 6,357.76
0.24 CB CHUBB LTD B3BQMF6 244.44 26 6,355.44
0.24 ADP AUTOMATIC DATA PROCESSING 2065308 244.08 26 6,346.08
0.24 DE DEERE & CO 2261203 393.80 16 6,300.80
0.24 CI THE CIGNA GROUP BHJ0775 348.90 18 6,280.20
0.24 MMC MARSH & MCLENNAN COS 2567741 197.32 31 6,116.92
0.24 BLK BLACKROCK INC 2494504 762.99 8 6,103.92
0.23 BMY BRISTOL-MYERS SQUIBB CO 2126335 48.51 123 5,966.73
0.23 LMT LOCKHEED MARTIN CORP 2522096 453.08 13 5,890.04
0.23 SBUX STARBUCKS CORP 2842255 85.17 69 5,876.73
0.23 CMG CHIPOTLE MEXICAN B0X7DZ3 2,936.63 2 5,873.26
0.22 BSX BOSTON SCIENTIFIC CORP 2113434 67.44 86 5,799.84
0.22 ADI ANALOG DEVICES INC 2032067 190.29 30 5,708.70
0.22 BA BOEING CO/THE 2108601 167.82 34 5,705.88
0.21 KLAC KLA CORP 2480138 678.49 8 5,427.92
0.21 MDLZ MONDELEZ INTER-A B8CKK03 65.87 82 5,401.34
0.21 REGN REGENERON PHARMACEUTICALS 2730190 898.56 6 5,391.36
0.21 FI FISERV INC 2342034 148.19 36 5,334.84
0.20 CVS CVS HEALTH CORP 2577609 68.96 76 5,240.96
0.20 BX BLACKSTONE INC BKF2SL7 121.17 43 5,210.31
0.20 AMT AMERICAN TOWER CORP B7FBFL2 178.12 29 5,165.48
0.20 GILD GILEAD SCIENCES INC 2369174 67.75 76 5,149.00
0.19 TMUS T-MOBILE US INC B94Q9V0 159.82 31 4,954.42
0.19 PANW PALO ALTO NETWORKS INC B87ZMX0 272.15 18 4,898.70
0.19 SNPS SYNOPSYS INC 2867719 543.91 9 4,895.19
0.19 CDNS CADENCE DESIGN SYS INC 2302232 301.56 16 4,824.96
0.18 TGT TARGET CORP 2259101 165.01 29 4,785.29
0.18 CME CME GROUP INC 2965839 206.23 23 4,743.29
0.18 EOG EOG RESOURCES INC 2318024 132.39 35 4,633.65
0.18 ICE INTERCONTINENTAL BFSSDS9 130.54 35 4,568.90
0.18 MPC MARATHON PETROLEUM CORP B3K3L40 207.02 22 4,554.44
0.17 WM WASTE MANAGEMENT INC 2937667 205.36 22 4,517.92
0.17 SO SOUTHERN CO/THE 2829601 68.39 66 4,513.74
0.17 SLB SCHLUMBERGER LTD 2779201 51.67 87 4,495.29
0.17 EQIX EQUINIX INC BVLZX12 744.11 6 4,464.66
0.17 DUK DUKE ENERGY CORP B7VD3F2 94.13 47 4,424.11
0.17 SHW SHERWIN-WILLIAMS CO/THE 2804211 313.97 14 4,395.58
0.17 MO ALTRIA GROUP INC 2692632 40.95 107 4,381.65
0.17 FCX FREEPORT-MCMORAN INC 2352118 50.02 87 4,351.74
0.17 PH PARKER HANNIFIN CORP 2671501 543.37 8 4,346.96
0.17 PSX PHILLIPS 66 B78C4Y8 160.82 27 4,342.14
0.17 ITW ILLINOIS TOOL WORKS 2457552 253.83 17 4,315.11
0.16 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,069.27 4 4,277.08
0.16 CSX CSX CORP 2160753 35.14 121 4,251.94
0.16 ANET ARISTA NETWORKS INC BN33VM5 263.20 16 4,211.20
0.16 ZTS ZOETIS INC B95WG16 149.77 28 4,193.56
0.16 MCK MCKESSON CORP 2378534 522.68 8 4,181.44
0.16 CL COLGATE-PALMOLIVE CO 2209106 86.17 48 4,136.16
0.16 PYPL PAYPAL HOLDINGS INC BYW36M8 63.51 65 4,128.15
0.16 TT TRANE TECHNOLOGIES PLC BK9ZQ96 293.88 14 4,114.32
0.16 NOC NORTHROP GRUMMAN CORP 2648806 451.29 9 4,061.61
0.16 ABNB AIRBNB INC-CLASS A BMGYYH4 155.60 26 4,045.60
0.16 EMR EMERSON ELECTRIC CO 2313405 111.76 36 4,023.36
0.15 BDX BECTON DICKINSON AND CO 2087807 234.72 17 3,990.24
0.15 GD GENERAL DYNAMICS CORP 2365161 284.75 14 3,986.50
0.15 APH AMPHENOL CORP-CL A 2145084 112.39 35 3,933.65
0.15 HCA HCA HEALTHCARE INC B4MGBG6 322.63 12 3,871.56
0.15 PXD PIONEER NATURAL 2690830 269.00 14 3,766.00
0.14 FDX FEDEX CORP 2142784 266.74 14 3,734.36
0.14 MAR MARRIOTT INTL-A 2210614 248.41 15 3,726.15
0.14 NXPI NXP SEMICONDUCTORS NV B505PN7 230.11 16 3,681.76
0.14 AON AON PLC-CLASS A BLP1HW5 305.18 12 3,662.16
0.14 USB US BANCORP 2736035 41.44 88 3,646.72
0.14 TDG TRANSDIGM GROUP INC B11FJK3 1,207.50 3 3,622.50
0.14 PNC PNC FINANCIAL SE 2692665 149.56 24 3,589.44
0.14 VLO VALERO ENERGY CORP 2041364 170.67 21 3,584.07
0.14 CEG CONSTELLATION ENERGY BMH4FS1 185.40 19 3,522.60
0.13 PCAR PACCAR INC 2665861 118.02 29 3,422.58
0.13 EW EDWARDS LIFESCIENCES CORP 2567116 89.20 38 3,389.60
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 338.58 10 3,385.80
0.13 MCO MOODY'S CORP 2252058 373.54 9 3,361.86
0.13 COF CAPITAL ONE FINA 2654461 139.18 24 3,340.32
0.13 CTAS CINTAS CORP 2197137 664.72 5 3,323.60
0.13 ECL ECOLAB INC 2304227 219.04 15 3,285.60
0.13 HLT HILTON WORLDWIDE BYVMW06 204.43 16 3,270.88
0.13 AJG ARTHUR J GALLAGHER & CO 2359506 232.09 14 3,249.26
0.12 ADSK AUTODESK INC 2065159 229.62 14 3,214.68
0.12 NSC NORFOLK SOUTHERN CORP 2641894 245.57 13 3,192.41
0.12 ROP ROPER TECHNOLOGIES INC 2749602 528.26 6 3,169.56
0.12 MMM 3M CO 2595708 91.30 34 3,104.20
0.12 DXCM DEXCOM INC B0796X4 134.56 23 3,094.88
0.12 AIG AMERICAN INTERNA 2027342 73.05 42 3,068.10
0.12 APD AIR PRODS & CHEM 2011602 231.16 13 3,005.08
0.12 GM GENERAL MOTORS CO B665KZ5 42.69 70 2,988.30
0.11 TFC TRUIST FINANCIAL CORP BKP7287 36.70 81 2,972.70
0.11 CPRT COPART INC 2208073 54.75 54 2,956.50
0.11 NUE NUCOR CORP 2651086 194.01 15 2,910.15
0.11 AZO AUTOZONE INC 2065955 2,903.51 1 2,903.51
0.11 F FORD MOTOR CO 2615468 12.23 237 2,898.51
0.11 TRV TRAVELERS COS INC/THE 2769503 221.06 13 2,873.78
0.11 GWW WW GRAINGER INC 2380863 955.42 3 2,866.26
0.11 WELL WELLTOWER INC BYVYHH4 89.10 32 2,851.20
0.11 SPG SIMON PROPERTY GROUP INC 2812452 142.39 20 2,847.80
0.11 STZ CONSTELLATION-A 2170473 258.52 11 2,843.72
0.11 TEL TE CONNECTIVITY LTD B62B7C3 142.02 20 2,840.40
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 85.70 33 2,828.10
0.11 OKE ONEOK INC 2130109 77.85 36 2,802.60
0.11 WMB WILLIAMS COS INC 2967181 37.84 74 2,800.16
0.11 IQV IQVIA HOLDINGS INC BDR73G1 231.16 12 2,773.92
0.11 OXY OCCIDENTAL PETROLEUM CORP 2655408 68.34 40 2,733.60
0.11 NEM NEWMONT CORP 2636607 38.44 71 2,729.24
0.11 HES HESS CORP 2023748 151.62 18 2,729.16
0.11 SRE SEMPRA 2138158 68.11 40 2,724.40
0.10 AME AMETEK INC 2089212 179.04 15 2,685.60
0.10 DHI DR HORTON INC 2250687 149.07 18 2,683.26
0.10 ROST ROSS STORES INC 2746711 133.65 20 2,673.00
0.10 AEP AMERICAN ELECTRIC POWER 2026242 80.91 33 2,670.03
0.10 URI UNITED RENTALS INC 2134781 666.74 4 2,666.96
0.10 PSA PUBLIC STORAGE 2852533 265.76 10 2,657.60
0.10 SMCI SUPER MICRO COMPUTER INC B1VQR35 882.75 3 2,648.25
0.10 JCI JOHNSON CONTROLS BY7QL61 64.40 41 2,640.40
0.10 O REALTY INCOME CORP 2724193 51.65 51 2,634.15
0.10 KMB KIMBERLY-CLARK CORP 2491839 125.40 21 2,633.40
0.10 CARR CARRIER GLOBAL CORP BK4N0D7 55.46 47 2,606.62
0.10 BK BANK NY MELLON B1Z77F6 55.09 47 2,589.23
0.10 FTNT FORTINET INC B5B2106 64.73 40 2,589.20
0.10 MET METLIFE INC 2573209 69.44 37 2,569.28
0.10 MSCI MSCI INC B2972D2 513.06 5 2,565.30
0.10 D DOMINION ENERGY INC 2542049 47.92 53 2,539.76
0.10 HUM HUMANA INC 2445063 314.64 8 2,517.12
0.10 FAST FASTENAL CO 2332262 69.39 36 2,498.04
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 138.56 18 2,494.08
0.10 YUM YUM! BRANDS INC 2098876 137.67 18 2,478.06
0.10 FIS FIDELITY NATIONA 2769796 70.72 35 2,475.20
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 411.18 6 2,467.08
0.10 DOW DOW INC BHXCF84 57.32 43 2,464.76
0.10 FANG DIAMONDBACK ENERGY INC B7Y8YR3 205.35 12 2,464.20
0.09 IDXX IDEXX LABORATORIES INC 2459202 491.29 5 2,456.45
0.09 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 203.22 12 2,438.64
0.09 RSG REPUBLIC SERVICES INC 2262530 187.24 13 2,434.12
0.09 GIS GENERAL MILLS INC 2367026 67.32 36 2,423.52
0.09 CTVA CORTEVA INC BK73B42 53.67 45 2,415.15
0.09 AFL AFLAC INC 2026361 80.27 30 2,408.10
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 96.05 25 2,401.25
0.09 MLM MARTIN MARIETTA MATERIALS 2572079 599.24 4 2,396.96
0.09 CCI CROWN CASTLE INC BTGQCX1 95.65 25 2,391.25
0.09 PRU PRUDENTIAL FINANCIAL INC 2819118 108.36 22 2,383.92
0.09 A AGILENT TECHNOLOGIES INC 2520153 140.22 17 2,383.74
0.09 MNST MONSTER BEVERAGE CORP BZ07BW4 54.11 44 2,380.84
0.09 CMI CUMMINS INC 2240202 295.78 8 2,366.24
0.09 SYY SYSCO CORP 2868165 75.65 31 2,345.15
0.09 VMC VULCAN MATERIALS CO 2931205 260.47 9 2,344.23
0.09 LULU LULULEMON ATHLETICA INC B23FN39 334.76 7 2,343.32
0.09 LEN LENNAR CORP-A 2511920 156.12 15 2,341.80
0.09 PAYX PAYCHEX INC 2674458 122.45 19 2,326.55
0.09 ALL ALLSTATE CORP 2019952 165.76 14 2,320.64
0.09 IT GARTNER INC 2372763 463.59 5 2,317.95
0.09 IR INGERSOLL-RAND INC BL5GZ82 91.28 25 2,282.00
0.09 PWR QUANTA SERVICES INC 2150204 248.89 9 2,240.01
0.09 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 86.13 26 2,239.40
0.09 KR KROGER CO 2497406 55.36 40 2,214.40
0.09 EXC EXELON CORP 2670519 36.27 61 2,212.47
0.09 ODFL OLD DOMINION FREIGHT LINE 2656423 219.95 10 2,199.50
0.08 KMI KINDER MORGAN INC B3NQ4P8 17.97 122 2,192.34
0.08 CNC CENTENE CORP 2807061 72.72 30 2,181.60
0.08 MRNA MODERNA INC BGSXTS3 103.86 21 2,181.06
0.08 HAL HALLIBURTON CO 2405302 39.10 54 2,111.40
0.08 GEV GE VERNOVA INC BP6H4Y1 131.75 16 2,108.00
0.08 COR CENCORA INC 2795393 234.21 9 2,107.89
0.08 DVN DEVON ENERGY CORP 2480677 52.68 40 2,107.20
0.08 CSGP COSTAR GROUP INC 2262864 87.53 24 2,100.72
0.08 PEG PUB SERV ENTERP 2707677 65.20 32 2,086.40
0.08 CTSH COGNIZANT TECH-A 2257019 68.42 30 2,052.60
0.08 PCG P G & E CORP 2689560 16.29 126 2,052.54
0.08 KVUE KENVUE INC BQ84ZQ6 19.13 107 2,046.91
0.08 ROK ROCKWELL AUTOMATION INC 2754060 285.90 7 2,001.30
0.08 BKR BAKER HUGHES CO BDHLTQ5 32.45 61 1,979.45
0.08 GPN GLOBAL PAYMENTS INC 2712013 123.17 16 1,970.72
0.08 ED CONSOLIDATED EDISON INC 2216850 89.32 22 1,965.04
0.08 EFX EQUIFAX INC 2319146 242.92 8 1,943.36
0.08 MPWR MONOLITHIC POWER B01Z7J1 646.63 3 1,939.89
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 137.73 14 1,928.22
0.07 XEL XCEL ENERGY INC 2614807 53.17 36 1,914.12
0.07 DD DUPONT DE NEMOURS INC BK0VN47 73.44 26 1,909.44
0.07 XYL XYLEM INC B3P2CN8 127.29 15 1,909.35
0.07 EA ELECTRONIC ARTS INC 2310194 127.05 15 1,905.75
0.07 DAL DELTA AIR LINES INC B1W9D46 46.65 40 1,866.00
0.07 DFS DISCOVER FINANCI B1YLC43 121.31 15 1,819.65
0.07 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.52 30 1,815.60
0.07 EL ESTEE LAUDER 2320524 137.24 13 1,784.12
0.07 KHC KRAFT HEINZ CO/THE BYRY499 36.31 49 1,779.19
0.07 VRSK VERISK ANALYTICS INC B4P9W92 222.18 8 1,777.44
0.07 VICI VICI PROPERTIES INC BYWH073 27.58 64 1,765.12
0.07 PPG PPG INDUSTRIES INC 2698470 135.02 13 1,755.26
0.07 DLTR DOLLAR TREE INC 2272476 125.36 14 1,755.04
0.07 HIG HARTFORD FINL SV 2476193 97.30 18 1,751.40
0.07 CASH 1.00 1,748 1,748.14
0.07 DG DOLLAR GENERAL CORP B5B1S13 144.69 12 1,736.28
0.07 FTV FORTIVE CORP BYT3MK1 81.60 21 1,713.60
0.07 ON ON SEMICONDUCTOR 2583576 65.64 26 1,706.64
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 89.76 19 1,705.44
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 241.97 7 1,693.79
0.07 CDW CDW CORP/DE BBM5MD6 241.38 7 1,689.66
0.07 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 153.32 11 1,686.52
0.07 EBAY EBAY INC 2293819 50.89 33 1,679.37
0.06 RMD RESMED INC 2732903 185.09 9 1,665.81
0.06 RCL ROYAL CARIBBEAN 2754907 127.17 13 1,653.21
0.06 HSY HERSHEY CO/THE 2422806 182.57 9 1,643.13
0.06 ANSS ANSYS INC 2045623 328.16 5 1,640.80
0.06 DECK DECKERS OUTDOOR CORP 2267278 815.38 2 1,630.76
0.06 ZBH ZIMMER BIOMET HO 2783815 124.00 13 1,612.00
0.06 WAB WABTEC CORP 2955733 145.24 11 1,597.64
0.06 KDP KEURIG DR PEPPER INC BD3W133 30.43 52 1,582.36
0.06 BIIB BIOGEN INC 2455965 196.80 8 1,574.40
0.06 BR BROADRIDGE FINL B1VP7R6 195.67 8 1,565.36
0.06 FITB FIFTH THIRD BANCORP 2336747 34.62 45 1,557.90
0.06 WTW WILLIS TOWERS WATSON PLC BDB6Q21 258.49 6 1,550.94
0.06 CHTR CHARTER COMMUN-A BZ6VT82 256.90 6 1,541.40
0.06 DOV DOVER CORP 2278407 170.67 9 1,536.03
0.06 HWM HOWMET AEROSPACE INC BKLJ8V2 63.49 24 1,523.76
0.06 WST WEST PHARMACEUT 2950482 378.81 4 1,515.24
0.06 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 100.46 15 1,506.90
0.06 WEC WEC ENERGY GROUP INC BYY8XK8 78.89 19 1,498.91
0.06 EIX EDISON INTERNATIONAL 2829515 67.88 22 1,493.36
0.06 TRGP TARGA RESOURCES CORP B55PZY3 114.34 13 1,486.42
0.06 CBRE CBRE GROUP INC - A B6WVMH3 86.99 17 1,478.83
0.06 WY WEYERHAEUSER CO 2958936 32.69 45 1,471.05
0.06 HPQ HP INC BYX4D52 27.96 52 1,453.92
0.06 TTWO TAKE-TWO INTERAC 2122117 145.30 10 1,453.00
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 180.72 8 1,445.76
0.06 OTHER PAYABLE & RECEIVABLES 1.00 1,439 1,438.98
0.06 ETR ENTERGY CORP 2317087 102.29 14 1,432.06
0.05 STLD STEEL DYNAMICS INC 2849472 140.97 10 1,409.70
0.05 MTB M & T BANK CORP 2340168 140.94 10 1,409.40
0.05 GLW CORNING INC 2224701 31.29 45 1,408.05
0.05 SBAC SBA COMMUNICATIONS CORP BZ6TS23 199.86 7 1,399.02
0.05 HPE HEWLETT PACKA BYVYWS0 17.26 81 1,398.06
0.05 AWK AMERICAN WATER W B2R3PV1 115.98 12 1,391.76
0.05 CAH CARDINAL HEALTH INC 2175672 107.03 13 1,391.39
0.05 DTE DTE ENERGY COMPANY 2280220 105.52 13 1,371.76
0.05 STT STATE STREET CORP 2842040 74.93 18 1,348.74
0.05 RJF RAYMOND JAMES 2718992 122.52 11 1,347.72
0.05 IRM IRON MOUNTAIN INC BVFTF03 74.84 18 1,347.12
0.05 EQR EQUITY RESIDENTIAL 2319157 60.66 22 1,334.52
0.05 ILMN ILLUMINA INC 2613990 121.16 11 1,332.76
0.05 NDAQ NASDAQ INC 2965107 60.19 22 1,324.18
0.05 BAX BAXTER INTERNATIONAL INC 2085102 40.04 33 1,321.32
0.05 GPC GENUINE PARTS CO 2367480 144.75 9 1,302.75
0.05 ULTA ULTA BEAUTY INC B28TS42 433.24 3 1,299.72
0.05 J JACOBS SOLUTIONS INC BNGC0D3 143.98 9 1,295.82
0.05 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 184.55 7 1,291.85
0.05 WAT WATERS CORP 2937689 319.59 4 1,278.36
0.05 GRMN GARMIN LTD B3Z5T14 141.64 9 1,274.76
0.05 WDC WESTERN DIGITAL CORP 2954699 70.43 18 1,267.74
0.05 TROW T ROWE PRICE GROUP INC 2702337 114.25 11 1,256.75
0.05 PTC PTC INC B95N910 177.85 7 1,244.95
0.05 MTD METTLER-TOLEDO 2126249 1,243.56 1 1,243.56
0.05 INVH INVITATION HOMES INC BD81GW9 33.56 37 1,241.72
0.05 CBOE CBOE GLOBAL MARKETS INC B5834C5 177.37 7 1,241.59
0.05 APTV APTIV PLC B783TY6 73.01 17 1,241.17
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 82.59 15 1,238.85
0.05 FSLR FIRST SOLAR INC B1HMF22 175.96 7 1,231.72
0.05 NTAP NETAPP INC 2630643 102.37 12 1,228.44
0.05 CTRA COTERRA ENERGY INC 2162340 27.19 45 1,223.55
0.05 LH LABORATORY CP 2586122 203.32 6 1,219.92
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 304.74 4 1,218.96
0.05 CHD CHURCH & DWIGHT CO INC 2195841 101.58 12 1,218.96
0.05 AXON AXON ENTERPRISE INC BDT5S35 303.31 4 1,213.24
0.05 TXT TEXTRON INC 2885937 93.06 13 1,209.78
0.05 HUBB HUBBELL INC BDFG6S3 402.59 3 1,207.77
0.05 STE STERIS PLC BFY8C75 201.21 6 1,207.26
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 399.99 3 1,199.97
0.05 PHM PULTEGROUP INC 2708841 108.79 11 1,196.69
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 13.26 90 1,193.40
0.05 PPL PPL CORP 2680905 26.43 45 1,189.35
0.05 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.36 142 1,187.12
0.05 CPAY CORPAY INC BMX5GK7 296.29 4 1,185.16
0.05 OMC OMNICOM GROUP 2279303 90.55 13 1,177.15
0.05 VLTO VERALTO CORP BPGMZQ5 89.86 13 1,168.18
0.05 ES EVERSOURCE ENERGY BVVN4Q8 58.24 20 1,164.80
0.05 FE FIRSTENERGY CORP 2100920 37.40 31 1,159.40
0.04 EXPE EXPEDIA GROUP INC B748CK2 128.65 9 1,157.85
0.04 IEX IDEX CORP 2456612 230.49 5 1,152.45
0.04 FICO FAIR ISAAC CORP 2330299 1,150.52 1 1,150.52
0.04 BRO BROWN & BROWN INC 2692687 81.03 14 1,134.42
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 124.88 9 1,123.92
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 50.25 22 1,105.50
0.04 COO COOPER COS INC/THE BQPDXR3 92.04 12 1,104.48
0.04 VRSN VERISIGN INC 2142922 183.20 6 1,099.20
0.04 CE CELANESE CORP B05MZT4 155.78 7 1,090.46
0.04 NTRS NORTHERN TRUST CORP 2648668 83.71 13 1,088.23
0.04 MOH MOLINA HEALTHCARE INC 2212706 360.85 3 1,082.55
0.04 PKG PACKAGING CORP OF AMERICA 2504566 180.36 6 1,082.16
0.04 EG EVEREST GROUP LTD 2556868 359.53 3 1,078.59
0.04 DRI DARDEN RESTAURANTS INC 2289874 154.06 7 1,078.42
0.04 AVY AVERY DENNISON CORP 2066408 211.28 5 1,056.40
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 116.71 9 1,050.39
0.04 TSN TYSON FOODS INC-CL A 2909730 58.12 18 1,046.16
0.04 BG BUNGE GLOBAL SA BQ6BPG9 103.93 10 1,039.30
0.04 MRO MARATHON OIL CORP 2910970 28.77 36 1,035.72
0.04 BALL BALL CORP 2073022 64.62 16 1,033.92
0.04 VTR VENTAS INC 2927925 42.24 24 1,013.76
0.04 ENPH ENPHASE ENERGY INC B65SQW4 112.47 9 1,012.23
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 40.47 25 1,011.75
0.04 HOLX HOLOGIC INC 2433530 77.54 13 1,008.02
0.04 LUV SOUTHWEST AIRLINES CO 2831543 27.84 36 1,002.24
0.04 K KELLANOVA 2486813 55.40 18 997.20
0.04 EQT EQT CORP 2319414 36.52 27 986.04
0.04 WRB WR BERKLEY CORP 2093644 82.00 12 984.00
0.04 DPZ DOMINO'S PIZZA INC B01SD70 488.02 2 976.04
0.04 ARE ALEXANDRIA REAL 2009210 119.18 8 953.44
0.04 NRG NRG ENERGY INC 2212922 72.95 13 948.35
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 235.59 4 942.36
0.04 CCL CARNIVAL CORP 2523044 14.06 67 942.02
0.04 RF REGIONS FINANCIAL CORP B01R311 19.22 49 941.78
0.04 TER TERADYNE INC 2884183 104.42 9 939.78
0.04 MKC MCCORMICK-N/V 2550161 71.91 13 934.83
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 116.80 8 934.40
0.04 AEE AMEREN CORPORATION 2050832 71.58 13 930.54
0.04 JBL JABIL INC 2471789 132.66 7 928.62
0.04 STX SEAGATE TECHNOLO BKVD2N4 83.88 11 922.68
0.04 CNP CENTERPOINT ENERGY INC 2440637 27.40 33 904.20
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 100.24 9 902.16
0.04 LYV LIVE NATION ENTE B0T7YX2 99.77 9 897.93
0.03 TRMB TRIMBLE INC 2903958 59.41 15 891.15
0.03 LKQ LKQ CORP 2971029 49.03 18 882.54
0.03 HST HOST HOTELS & RESORTS INC 2567503 19.57 45 880.65
0.03 PODD INSULET CORP B1XGNW4 173.94 5 869.70
0.03 PFG PRINCIPAL FINANCIAL GROUP 2803014 78.93 11 868.23
0.03 CMS CMS ENERGY CORP 2219224 57.61 15 864.15
0.03 LNT ALLIANT ENERGY CORP 2973821 48.00 18 864.00
0.03 SNA SNAP-ON INC 2818740 285.83 3 857.49
0.03 WRK WESTROCK CO BYR0914 47.50 18 855.00
0.03 ZBRA ZEBRA TECH CORP 2989356 283.00 3 849.00
0.03 FDS FACTSET RESEARCH 2329770 424.09 2 848.18
0.03 CLX CLOROX COMPANY 2204026 140.53 6 843.18
0.03 TFX TELEFLEX INC 2881407 210.66 4 842.64
0.03 TAP MOLSON COORS-B B067BM3 64.77 13 842.01
0.03 BBY BEST BUY CO INC 2094670 76.29 11 839.19
0.03 IPG INTERPUBLIC GRP 2466321 30.42 27 821.34
0.03 SWK STANLEY BLACK & B3Q2FJ4 90.83 9 817.47
0.03 L LOEWS CORP 2523022 73.44 11 807.84
0.03 TYL TYLER TECHNOLOGIES INC 2909644 400.68 2 801.36
0.03 WBA WALGREENS BOOTS BTN1Y44 17.65 45 794.25
0.03 ATO ATMOS ENERGY CORP 2315359 113.06 7 791.42
0.03 NDSN NORDSON CORP 2641838 263.13 3 789.39
0.03 VTRS VIATRIS INC BMWS3X9 11.32 69 781.08
0.03 CF CF INDUSTRIES HO B0G4K50 78.07 10 780.70
0.03 IP INTERNATIONAL PAPER CO 2465254 36.77 21 772.17
0.03 DGX QUEST DIAGNOSTICS INC 2702791 128.64 6 771.84
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 254.81 3 764.43
0.03 ALLE ALLEGION PLC BFRT3W7 126.94 6 761.64
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 33.00 23 759.00
0.03 POOL POOL CORP 2781585 373.60 2 747.20
0.03 CAG CONAGRA BRANDS INC 2215460 29.76 25 744.00
0.03 AES AES CORP 2002479 16.16 46 743.36
0.03 GEN GEN DIGITAL INC BJN4XN5 20.60 36 741.60
0.03 JBHT HUNT (JB) TRANS 2445416 185.10 4 740.40
0.03 UAL UNITED AIRLINES B4QG225 41.04 18 738.72
0.03 FFIV F5 INC 2427599 183.78 4 735.12
0.03 MAS MASCO CORP 2570200 73.06 10 730.60
0.03 NI NISOURCE INC 2645409 26.82 27 724.14
0.03 ALB ALBEMARLE CORP 2046853 120.50 6 723.00
0.03 PNR PENTAIR PLC BLS09M3 80.32 9 722.88
0.03 LW LAMB WESTON HOLDINGS INC BDQZFJ3 79.95 9 719.55
0.03 RVTY REVVITY INC 2305844 102.32 7 716.24
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 102.22 7 715.54
0.03 CRL CHARLES RIVER LA 2604336 235.93 3 707.79
0.03 KEY KEYCORP 2490911 14.43 49 707.07
0.03 INCY INCYTE CORP 2471950 53.43 13 694.59
0.03 ROL ROLLINS INC 2747305 43.28 16 692.48
0.03 MGM MGM RESORTS INTERNATIONAL 2547419 42.85 16 685.60
0.03 EMN EASTMAN CHEMICAL CO 2298386 97.32 7 681.24
0.03 MOS MOSAIC CO/THE B3NPHP6 30.96 22 681.12
0.03 UHS UNIVERSAL HLTH-B 2923785 166.42 4 665.68
0.03 SJM JM SMUCKER CO/THE 2951452 110.20 6 661.20
0.03 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 18.29 36 658.44
0.03 JNPR JUNIPER NETWORKS INC 2431846 36.52 18 657.36
0.03 NWSA NEWS CORP - CLASS A BBGVT40 24.28 27 655.56
0.03 KIM KIMCO REALTY CORP 2491594 18.04 36 649.44
0.03 UDR UDR INC 2727910 35.85 18 645.30
0.02 HSIC HENRY SCHEIN INC 2416962 70.73 9 636.57
0.02 AMCR AMCOR PLC BJ1F307 8.94 71 634.74
0.02 MAA MID-AMERICA APAR 2589132 126.63 5 633.15
0.02 KMX CARMAX INC 2983563 69.46 9 625.14
0.02 HRL HORMEL FOODS CORP 2437264 33.91 18 610.38
0.02 ETSY ETSY INC BWTN5N1 66.73 9 600.57
0.02 AAL AMERICAN AIRLINE BCV7KT2 12.94 46 595.24
0.02 TECH BIO-TECHNE CORP BSHZ3Q0 65.52 9 589.68
0.02 PAYC PAYCOM SOFTWARE INC BL95MY0 192.73 3 578.19
0.02 TPR TAPESTRY INC BF09HX3 40.83 14 571.62
0.02 CTLT CATALENT INC BP96PQ4 56.08 10 560.80
0.02 EVRG EVERGY INC BFMXGR0 50.39 11 554.29
0.02 HII HUNTINGTON INGAL B40SSC9 275.00 2 550.00
0.02 FOXA FOX CORP - CLASS A BJJMGL2 30.35 18 546.30
0.02 MTCH MATCH GROUP INC BK80XH9 31.96 17 543.32
0.02 REG REGENCY CENTERS CORP 2726177 57.92 9 521.28
0.02 AIZ ASSURANT INC 2331430 172.59 3 517.77
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 128.51 4 514.04
0.02 FMC FMC CORP 2328603 56.74 9 510.66
0.02 PNW PINNACLE WEST CAPITAL 2048804 72.11 7 504.77
0.02 IVZ INVESCO LTD B28XP76 15.19 33 501.27
0.02 HAS HASBRO INC 2414580 55.59 9 500.31
0.02 BEN FRANKLIN RESOURCES INC 2350684 24.94 20 498.80
0.02 JKHY JACK HENRY 2469193 165.04 3 495.12
0.02 SOLV SOLVENTUM CORP BMTQB43 61.69 8 493.52
0.02 RL RALPH LAUREN CORP B4V9661 160.16 3 480.48
0.02 CPB CAMPBELL SOUP CO 2162845 42.69 11 469.59
0.02 MHK MOHAWK INDUSTRIES INC 2598699 111.72 4 446.88
0.02 BF/B BROWN-FORMAN CORP-CLASS B 2146838 49.39 9 444.51
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 40.22 11 442.42
0.02 QRVO QORVO INC BR9YYP4 110.07 4 440.28
0.02 APA APA CORP BNNF1C1 33.16 13 431.08
0.02 RHI ROBERT HALF INC 2110703 70.56 6 423.36
0.02 DAY DAYFORCE INC BFX1V56 59.67 7 417.69
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 204.94 2 409.88
0.02 WYNN WYNN RESORTS LTD 2963811 99.44 4 397.76
0.02 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 10.90 36 392.40
0.02 DVA DAVITA INC 2898087 129.96 3 389.88
0.02 CPT CAMDEN PROPERTY TRUST 2166320 96.62 4 386.48
0.01 AOS SMITH (A.O.) CORP 2816023 85.15 4 340.60
0.01 GL GLOBE LIFE INC BK6YKG1 55.81 6 334.86
0.01 BBWI BATH & BODY WORKS INC BNNTGJ5 44.59 7 312.13
0.01 BIO BIO-RAD LABORATORIES-A 2098508 300.41 1 300.41
0.01 BWA BORGWARNER INC 2111955 33.13 9 298.17
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 17.34 17 294.78
0.01 FRT FEDERAL REALTY INVS TRUST BN7P9B2 98.05 3 294.15
0.01 BXP BOSTON PROPERTIES INC 2019479 58.67 5 293.35
0.01 CHRW CH ROBINSON 2116228 69.01 4 276.04
0.01 FOX FOX CORP - CLASS B BJJMGY5 27.92 9 251.28
0.01 NWS NEWS CORP - CLASS B BBGVT51 25.00 9 225.00
0.01 CMA COMERICA INC 2212870 50.85 3 152.55
-0.01 XSP US 06/21/24 C565 31.00 -10 -310.00
-0.05 SPX US 06/21/24 C5650 307.50 -4 -1,230.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 04/12/24

Return on Equity 20.70%
Weighted Avg. Market Cap 835,681 M
2023 2024
Price-to-earnings 23.34 20.98
Price-to-book value 4.73 4.03

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 0.59
NASDAQ-100 0.45
MSCI EAFE 0.53
MSCI Emg. Mkts 0.44
Standard Deviation 12.00%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject XCLR to loss due to adverse occurrences that may affect that industry or sector. Investors in XCLR should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

XCLR engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A collar strategy involves holding shares of the underlying stock while simultaneously buying put options and selling call options against that holding. XCLR writes covered call index options on the and purchases put options on S&P 500 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price. By purchasing put options, in return for the payment of premiums, the Fund may be protected from a significant decline in the price of the S&P 500 Index if the put options become in the money (S&P 500 closes below the strike price as of the expiration date); but during periods where the S&P 500 Index appreciates, the Fund will underperform due to the cost of the premiums paid. A liquid market may not exist for options held by the Fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by S&P or Cboe, nor do these entities make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with these entities.