QCLR


Nasdaq 100 Collar 95-110 ETF

Reasons to Consider QCLR

Growth Potential

QCLR enables investors to participate in the growth of the Nasdaq 100, up to approximately 10% from the selling of the call to the options' expiration in three months.

Manage Risk

By employing a collar strategy, QCLR 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

QCLR buys put options and sells call options on the Nasdaq 100, saving investors the time and potential expense of doing so individually.

Key Information As of 09/19/24

Inception Date 08/25/21
Total Expense Ratio 0.26%
Net Assets $1.80 million
NAV $30.07
Fact Sheet View the document

ETF Summary

The Global X Nasdaq 100 Collar 95-110 ETF (QCLR) employs a collar strategy for investors seeking range-bound equity returns. QCLR seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index (NDX), while buying 5% out-of-the-money (OTM) put options1 on NDX, and selling 10% OTM call options on the same index.

ETF Objective

The Global X Nasdaq 100 Collar 95-110 ETF (QCLR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Quarterly Collar 95-110 Index.

Trading Details As of 09/18/24

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 60,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.30%

Distributions As of 09/19/24

30-Day SEC Yield 0.55%
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 09/19/24

NAV $30.07 Daily Change $0.73 2.49%
Market Price $30.08 Daily Change $0.75 2.56%

Performance History

As of recent
(06/30/24)
As of recent
(06/30/24)
Fund NAV Market Price Index
1 Year 23.64% 23.52% 25.61%
Since Inception 7.28% 7.29% 8.22%
1 Year 20.66% 20.52% 22.79%
3 Years 6.27% 6.19% 7.20%
Since Inception 6.52% 6.51% 7.43%
Year-to-Date 13.81% 13.76% 15.38%
1 Month 3.53% 5.04% 5.94%
3 Months 6.30% 6.56% 7.67%
Since Inception 22.16% 22.20% 25.24%
Year-to-Date 12.75% 12.62% 14.39%
1 Month 0.07% 0.27% 0.11%
3 Months 2.56% 3.99% 5.02%
Since Inception 21.02% 20.98% 24.16%

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 09/19/24

Nasdaq 100 Price 19,839.83 Nasdaq 100 Mini Price 198.40

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ 100 Micro Call Option -$1,785,585 220 10.89% 09/20/2024 1

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option $1,785,585 187 -5.75% 09/20/2024 1

Top Holdings As of 09/19/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.03 AAPL APPLE INC 2046251 228.87 712 162,955.44
8.39 MSFT MICROSOFT CORP 2588173 438.69 345 151,348.05
7.45 NVDA NVIDIA CORP 2379504 117.87 1,141 134,489.67
5.15 AVGO BROADCOM INC BDZ78H9 167.42 555 92,918.10
5.07 AMZN AMAZON.COM INC 2000019 189.87 482 91,517.34
5.02 META META PLATFORMS INC B7TL820 559.10 162 90,574.20
3.03 TSLA TESLA INC B616C79 243.92 224 54,638.08
2.65 COST COSTCO WHOLESALE CORP 2701271 900.74 53 47,739.22
2.45 GOOGL ALPHABET INC-CL A BYVY8G0 162.14 273 44,264.22
2.36 GOOG ALPHABET INC-CL C BYY88Y7 163.24 261 42,605.64
2.03 NFLX NETFLIX INC 2857817 704.32 52 36,624.64
1.69 AMD ADVANCED MICRO DEVICES 2007849 156.74 194 30,407.56
1.60 PEP PEPSICO INC 2681511 174.66 165 28,818.90
1.58 ADBE ADOBE INC 2008154 526.44 54 28,427.76
1.56 TMUS T-MOBILE US INC B94Q9V0 199.64 141 28,149.24
1.51 LIN LINDE PLC BNZHB81 469.17 58 27,211.86
1.38 CSCO CISCO SYSTEMS INC 2198163 51.44 485 24,948.40
1.29 QCOM QUALCOMM INC 2714923 173.92 134 23,305.28
1.25 TXN TEXAS INSTRUMENTS INC 2885409 207.60 109 22,628.40
1.23 INTU INTUIT INC 2459020 654.24 34 22,244.16
1.19 AMGN AMGEN INC 2023607 335.95 64 21,500.80
1.17 ISRG INTUITIVE SURGICAL INC 2871301 490.01 43 21,070.43
1.08 AMAT APPLIED MATERIALS INC 2046552 196.71 99 19,474.29
1.05 CMCSA COMCAST CORP-CLASS A 2044545 40.27 471 18,967.17
0.89 BKNG BOOKING HOLDINGS INC BDRXDB4 4,017.51 4 16,070.04
0.88 HON HONEYWELL INTL 2020459 203.70 78 15,888.60
0.83 REGN REGENERON PHARMACEUTICALS 2730190 1,150.19 13 14,952.47
0.82 VRTX VERTEX PHARM 2931034 477.90 31 14,814.90
0.76 ADI ANALOG DEVICES INC 2032067 233.45 59 13,773.55
0.75 ADP AUTOMATIC DATA PROCESSING 2065308 277.69 49 13,606.81
0.73 SBUX STARBUCKS CORP 2842255 96.90 136 13,178.40
0.72 PANW PALO ALTO NETWORKS INC B87ZMX0 333.60 39 13,010.40
0.70 MELI MERCADOLIBRE INC B23X1H3 2,109.40 6 12,656.40
0.70 LRCX LAM RESEARCH CORP 2502247 789.07 16 12,625.12
0.69 GILD GILEAD SCIENCES INC 2369174 83.90 149 12,501.10
0.69 KLAC KLA CORP 2480138 772.43 16 12,358.88
0.67 MDLZ MONDELEZ INTER-A B8CKK03 74.78 161 12,039.58
0.66 MU MICRON TECHNOLOGY INC 2588184 89.25 133 11,870.25
0.60 INTC INTEL CORP 2463247 21.14 512 10,823.68
0.54 CTAS CINTAS CORP 2197137 203.74 48 9,779.52
0.54 PYPL PAYPAL HOLDINGS INC BYW36M8 77.57 126 9,773.82
0.51 SNPS SYNOPSYS INC 2867719 514.12 18 9,254.16
0.51 ASML ASML HOLDING-NY B908F01 828.16 11 9,109.76
0.50 CDNS CADENCE DESIGN SYS INC 2302232 280.35 32 8,971.20
0.46 MAR MARRIOTT INTL-A 2210614 244.46 34 8,311.64
0.45 CSX CSX CORP 2160753 34.80 235 8,178.00
0.44 PDD PDD HOLDINGS INC BYVW0F7 99.98 80 7,998.40
0.44 CEG CONSTELLATION ENERGY BMH4FS1 208.50 38 7,923.00
0.43 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,115.65 7 7,809.55
0.43 MRVL MARVELL TECHNOLOGY INC BNKJSM5 74.88 104 7,787.52
0.42 CRWD CROWDSTRIKE HO-A BJJP138 277.38 27 7,489.26
0.41 NXPI NXP SEMICONDUCTORS NV B505PN7 238.72 31 7,400.32
0.40 ROP ROPER TECHNOLOGIES INC 2749602 560.86 13 7,291.18
0.39 ADSK AUTODESK INC 2065159 269.76 26 7,013.76
0.39 FTNT FORTINET INC B5B2106 75.66 92 6,960.72
0.38 ABNB AIRBNB INC-CLASS A BMGYYH4 128.75 53 6,823.75
0.36 MNST MONSTER BEVERAGE CORP BZ07BW4 51.83 125 6,478.75
0.36 AEP AMERICAN ELECTRIC POWER 2026242 101.74 63 6,409.62
0.35 DASH DOORDASH INC - A BN13P03 137.29 46 6,315.34
0.35 PCAR PACCAR INC 2665861 99.52 63 6,269.76
0.34 WDAY WORKDAY INC-CLASS A B8K6ZD1 247.43 25 6,185.75
0.34 ROST ROSS STORES INC 2746711 154.44 40 6,177.60
0.34 KDP KEURIG DR PEPPER INC BD3W133 37.50 163 6,112.50
0.33 CPRT COPART INC 2208073 51.80 115 5,957.00
0.33 TTD TRADE DESK INC-A BD8FDD1 110.14 54 5,947.56
0.32 PAYX PAYCHEX INC 2674458 133.17 43 5,726.31
0.31 CHTR CHARTER COMMUN-A BZ6VT82 331.34 17 5,632.78
0.30 AZN ASTRAZENECA PLC-SPONS ADR 2989044 78.90 69 5,444.10
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 204.52 26 5,317.52
0.29 IDXX IDEXX LABORATORIES INC 2459202 517.06 10 5,170.60
0.28 MCHP MICROCHIP TECHNOLOGY INC 2592174 78.83 64 5,045.12
0.28 KHC KRAFT HEINZ CO/THE BYRY499 34.99 144 5,038.56
0.27 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 90.62 54 4,893.48
0.27 FAST FASTENAL CO 2332262 71.38 68 4,853.84
0.27 EXC EXELON CORP 2670519 39.29 122 4,793.38
0.25 VRSK VERISK ANALYTICS INC B4P9W92 265.96 17 4,521.32
0.25 CTSH COGNIZANT TECH-A 2257019 75.20 60 4,512.00
0.25 EA ELECTRONIC ARTS INC 2310194 140.74 32 4,503.68
0.25 CCEP COCA-COLA EUROPA BYQQ3P5 81.23 55 4,467.65
0.24 BKR BAKER HUGHES CO BDHLTQ5 36.36 120 4,363.20
0.24 XEL XCEL ENERGY INC 2614807 64.06 68 4,356.08
0.24 DDOG DATADOG INC - CLASS A BKT9Y49 115.52 37 4,274.24
0.22 CSGP COSTAR GROUP INC 2262864 79.29 49 3,885.21
0.21 FANG DIAMONDBACK ENERGY INC B7Y8YR3 181.63 21 3,814.23
0.21 ON ON SEMICONDUCTOR 2583576 73.35 52 3,814.20
0.21 LULU LULULEMON ATHLETICA INC B23FN39 270.76 14 3,790.64
0.20 CDW CDW CORP/DE BBM5MD6 227.87 16 3,645.92
0.19 BIIB BIOGEN INC 2455965 201.44 17 3,424.48
0.19 DXCM DEXCOM INC B0796X4 71.92 47 3,380.24
0.18 ANSS ANSYS INC 2045623 322.29 10 3,222.90
0.17 ZS ZSCALER INC BZ00V34 172.58 18 3,106.44
0.17 TEAM ATLASSIAN CORP-CL A BQ1PC76 163.10 19 3,098.90
0.17 TTWO TAKE-TWO INTERAC 2122117 153.66 20 3,073.20
0.17 MRNA MODERNA INC BGSXTS3 68.02 45 3,060.90
0.17 SMCI SUPER MICRO COMPUTER INC B1VQR35 437.20 7 3,060.40
0.15 GFS GLOBALFOUNDRIES INC BMW7F63 41.02 67 2,748.34
0.14 MDB MONGODB INC BF2FJ99 283.86 9 2,554.74
0.14 ILMN ILLUMINA INC 2613990 134.39 19 2,553.41
0.14 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.40 295 2,478.00
0.11 ARM ARM HOLDINGS PLC-ADR BNSP5P7 140.59 14 1,968.26
0.11 DLTR DOLLAR TREE INC 2272476 73.88 26 1,920.88
0.06 CASH 1.00 1,056 1,055.57
0.05 OTHER PAYABLE & RECEIVABLES 1.00 915 915.47
0.00 XND US 09/20/24 P187 0.08 90 7.20
0.00 XND US 09/20/24 C220 0.00 -90 -0.01
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 09/19/24

Return on Equity 22.50%
Weighted Avg. Market Cap 1,012,650 M
2023 2024
Price-to-earnings 34.33 30.02
Price-to-book value 7.48 6.16

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/24

Versus Beta
S&P 500 0.63
NASDAQ-100 0.57
MSCI EAFE 0.47
MSCI Emg. Mkts 0.45
Standard Deviation 13.80%

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 QCLR to loss due to adverse occurrences that may affect that industry or sector. Investors in QCLR should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

QCLR 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. QCLR writes covered call index options on and purchases put options on the Nasdaq 100 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 Nasdaq 100 Index if the put options become in the money (Nasdaq 100 closes below the strike price as of the expiration date); but during periods where the Nasdaq 100 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. QCLR is non-diversified.

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 Nasdaq, nor does this entity 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 Nasdaq.