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.

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 01/19/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $3.89 million
NAV $24.31
Fact Sheet

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 01/19/22

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 160,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.36%

Distributions As of 01/19/22

30-Day SEC Yield 0.02%
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 01/19/22

NAV $24.31 Daily Change -$0.16 -0.64%
Market Price $24.32 Daily Change -$0.15 -0.63%

Performance History

As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
Year-to-Date -- -- 15.24%
1 Month -0.70% -0.89% -0.50%
3 Months 5.13% 4.92% 5.10%
Since Inception 2.72% 2.76% 2.76%
Year-to-Date -- -- 15.24%
1 Month -0.70% -0.89% -0.50%
3 Months 5.13% 4.92% 5.10%
Since Inception 2.72% 2.76% 2.76%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Options Details As of 01/19/22

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ 100 Reduced Value Call Option -$3,611,482 3490 86.20% 03/18/2022 58
Long NASDAQ 100 Reduced Value Put Option $3,611,482 3015 100.20% 03/18/2022 58

Top Holdings As of 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
11.35 AAPL APPLE INC 2046251 166.23 2,656 441,506.88
9.48 MSFT MICROSOFT CORP 2588173 303.33 1,215 368,545.95
6.59 AMZN AMAZON.COM INC 2000019 3,125.98 82 256,330.36
4.71 FB META PLATFORMS INC B7TL820 319.59 573 183,125.07
4.15 TSLA TESLA INC B616C79 995.65 162 161,295.30
3.97 NQX US 03/18/22 P3015 12,870.00 12 154,440.00
3.67 NVDA NVIDIA CORP 2379504 250.67 569 142,631.23
3.56 GOOG ALPHABET INC-CL C BYY88Y7 2,713.04 51 138,365.04
3.41 GOOGL ALPHABET INC-CL A BYVY8G0 2,702.33 49 132,414.17
1.71 CSCO CISCO SYSTEMS INC 2198163 58.90 1,127 66,380.30
1.69 ADBE ADOBE INC 2008154 516.58 127 65,605.66
1.66 PEP PEPSICO INC 2681511 175.21 369 64,652.49
1.60 AVGO BROADCOM INC BDZ78H9 563.97 110 62,036.70
1.59 NFLX NETFLIX INC 2857817 515.86 120 61,903.20
1.58 CMCSA COMCAST CORP-CLASS A 2044545 50.33 1,217 61,251.61
1.52 INTC INTEL CORP 2463247 53.62 1,101 59,035.62
1.49 COST COSTCO WHOLESALE CORP 2701271 490.16 118 57,838.88
1.40 PYPL PAYPAL HOLDINGS INC BYW36M8 173.55 313 54,321.15
1.35 QCOM QUALCOMM INC 2714923 172.47 304 52,430.88
1.13 TXN TEXAS INSTRUMENTS INC 2885409 178.30 246 43,861.80
1.08 AMD ADVANCED MICRO DEVICES 2007849 128.27 327 41,944.29
1.05 INTU INTUIT INC 2459020 545.35 75 40,901.25
0.99 HON HONEYWELL INTL 2020459 210.73 183 38,563.59
0.92 TMUS T-MOBILE US INC B94Q9V0 105.38 339 35,723.82
0.91 AMGN AMGEN INC 2023607 231.30 153 35,388.90
0.90 AMAT APPLIED MATERIALS INC 2046552 143.07 244 34,909.08
0.80 SBUX STARBUCKS CORP 2842255 96.87 320 30,998.40
0.73 CHTR CHARTER COMMUN-A BZ6VT82 581.30 49 28,483.70
0.72 ISRG INTUITIVE SURGICAL INC 2871301 293.46 96 28,172.16
0.70 MU MICRON TECHNOLOGY INC 2588184 90.00 304 27,360.00
0.67 BKNG BOOKING HOLDINGS INC BDRXDB4 2,377.09 11 26,147.99
0.66 MDLZ MONDELEZ INTER-A B8CKK03 67.60 381 25,755.60
0.66 ADP AUTOMATIC DATA PROCESSING 2065308 224.83 114 25,630.62
0.61 LRCX LAM RESEARCH CORP 2502247 642.73 37 23,781.01
0.61 ADI ANALOG DEVICES INC 2032067 163.06 145 23,643.70
0.60 GILD GILEAD SCIENCES INC 2369174 69.07 339 23,414.73
0.53 CSX CSX CORP 2160753 35.25 584 20,586.00
0.49 MRNA MODERNA INC BGSXTS3 174.07 110 19,147.70
0.48 FISV FISERV INC 2342034 106.05 176 18,664.80
0.46 LCID LUCID GROUP INC BP0TR77 40.03 446 17,853.38
0.45 REGN REGENERON PHARMACEUTICALS 2730190 618.11 28 17,307.08
0.44 MRVL MARVELL TECHNOLOGY INC BNKJSM5 76.89 224 17,223.36
0.44 ATVI ACTIVISION BLIZZARD INC 2575818 82.15 208 17,087.20
0.41 ILMN ILLUMINA INC 2613990 384.36 41 15,758.76
0.40 KLAC KLA CORP 2480138 393.19 40 15,727.60
0.40 VRTX VERTEX PHARM 2931034 230.84 68 15,697.12
0.40 ADSK AUTODESK INC 2065159 254.35 61 15,515.35
0.39 EXC EXELON CORP 2670519 56.49 269 15,195.81
0.39 NXPI NXP SEMICONDUCTORS NV B505PN7 210.95 71 14,977.45
0.38 MELI MERCADOLIBRE INC B23X1H3 1,060.94 14 14,853.16
0.38 KDP KEURIG DR PEPPER INC BD3W133 38.38 384 14,737.92
0.38 ASML ASML HOLDING-NY B908F01 698.82 21 14,675.22
0.37 ABNB AIRBNB INC-CLASS A BMGYYH4 154.58 94 14,530.52
0.37 JD JD.COM INC-ADR BMM27D9 72.30 199 14,387.70
0.36 FTNT FORTINET INC B5B2106 307.16 45 13,822.20
0.35 MAR MARRIOTT INTL-A 2210614 154.20 88 13,569.60
0.35 PANW PALO ALTO NETWORKS INC B87ZMX0 519.61 26 13,509.86
0.33 WBA WALGREENS BOOTS BTN1Y44 53.53 240 12,847.20
0.33 WDAY WORKDAY INC-CLASS A B8K6ZD1 249.46 51 12,722.46
0.32 KHC KRAFT HEINZ CO/THE BYRY499 37.22 336 12,505.92
0.32 MNST MONSTER BEVERAGE CORP BZ07BW4 86.73 144 12,489.12
0.32 SNPS SYNOPSYS INC 2867719 312.14 40 12,485.60
0.32 XLNX XILINX INC 2985677 189.09 66 12,479.94
0.32 CTSH COGNIZANT TECH-A 2257019 86.04 144 12,389.76
0.31 AEP AMERICAN ELECTRIC POWER 2026242 90.30 135 12,190.50
0.31 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 659.59 18 11,872.62
0.30 CDNS CADENCE DESIGN SYS INC 2302232 153.17 77 11,794.09
0.30 PAYX PAYCHEX INC 2674458 121.27 96 11,641.92
0.29 MCHP MICROCHIP TECHNOLOGY INC 2592174 76.66 149 11,422.34
0.29 IDXX IDEXX LABORATORIES INC 2459202 519.13 22 11,420.86
0.29 CTAS CINTAS CORP 2197137 387.84 29 11,247.36
0.28 EBAY EBAY INC 2293819 62.29 176 10,963.04
0.28 EA ELECTRONIC ARTS INC 2310194 136.91 80 10,952.80
0.28 LULU LULULEMON ATHLETICA INC B23FN39 330.95 33 10,921.35
0.28 DXCM DEXCOM INC B0796X4 435.23 25 10,880.75
0.27 TEAM ATLASSIAN CORP-A BZ09BD1 293.46 36 10,564.56
0.27 BIDU BAIDU INC - SPON ADR B0FXT17 154.48 67 10,350.16
0.26 ZM ZOOM VIDEO COM-A BGSP7M9 157.23 64 10,062.72
0.26 ALGN ALIGN TECHNOLOGY INC 2679204 497.59 20 9,951.80
0.25 XEL XCEL ENERGY INC 2614807 68.12 144 9,809.28
0.24 ROST ROSS STORES INC 2746711 99.03 96 9,506.88
0.24 CRWD CROWDSTRIKE HO-A BJJP138 175.71 54 9,488.34
0.24 ZS ZSCALER INC BZ00V34 253.11 37 9,365.07
0.24 FAST FASTENAL CO 2332262 58.02 160 9,283.20
0.24 BIIB BIOGEN INC 2455965 230.81 40 9,232.40
0.23 PCAR PACCAR INC 2665861 94.16 96 9,039.36
0.23 VRSK VERISK ANALYTICS INC B4P9W92 199.86 45 8,993.70
0.23 MTCH MATCH GROUP INC BK80XH9 116.27 77 8,952.79
0.23 DDOG DATADOG INC - CLASS A BKT9Y49 130.91 68 8,901.88
0.22 CPRT COPART INC 2208073 131.90 64 8,441.60
0.22 DLTR DOLLAR TREE INC 2272476 131.32 64 8,404.48
0.21 NTES NETEASE INC-ADR 2606440 103.46 80 8,276.80
0.19 ANSS ANSYS INC 2045623 337.10 22 7,416.20
0.19 OKTA OKTA INC BDFZSP1 197.42 37 7,304.54
0.18 SWKS SKYWORKS SOLUTIONS INC 2961053 145.88 48 7,002.24
0.18 VRSN VERISIGN INC 2142922 217.24 32 6,951.68
0.18 PDD PINDUODUO INC-ADR BYVW0F7 64.35 106 6,821.10
0.17 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.10 1,109 6,764.90
0.17 DOCU DOCUSIGN INC BFYT7B7 126.99 51 6,476.49
0.16 SGEN SEAGEN INC BLPK4D2 132.55 48 6,362.40
0.15 SPLK SPLUNK INC B424494 118.78 48 5,701.44
0.11 CASH 1.00 4,192 4,192.19
0.06 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 31.84 75 2,388.00
-0.10 NQX US 03/18/22 C3490 320.00 -12 -3,840.00
Holdings are subject to change.

ETF Characteristics As of 01/19/22

Return on Equity 29.00%
Weighted Avg. Market Cap 1,058,980 M
2020 2021
Price-to-earnings 39.50 29.01
Price-to-book value 9.50 7.55

Source: AltaVista 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.

Back to Top