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 07/01/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $3.98 million
NAV $22.13
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 07/01/22

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 180,000
Number of Holdings 106
30-Day Median Bid-Ask Spread 0.80%

Distributions As of 07/01/22

30-Day SEC Yield 0.19%
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 07/01/22

NAV $22.13 Daily Change $0.05 0.24%
Market Price $22.06 Daily Change $0.02 0.08%

Performance History

As of recent month & quarter-end (06/30/22)
Fund NAV Market Price Index
Year-to-Date -13.47% -13.66% -12.85%
1 Month 0.45% 0.23% 1.21%
3 Months -8.34% -8.73% -7.34%
Since Inception -11.12% -11.28% -10.45%
Year-to-Date -13.47% -13.66% -12.85%
1 Month 0.45% 0.23% 1.21%
3 Months -8.34% -8.73% -7.34%
Since Inception -11.12% -11.28% -10.45%

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 07/01/22

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$2,317,135 12250 94.60% 09/16/2022 77
Long NASDAQ Put Option $2,317,135 10575 91.30% 09/16/2022 77
Short NASDAQ 100 Reduced Value Call Option -$1,621,995 2450 94.60% 09/16/2022 77
Long NASDAQ 100 Reduced Value Put Option $1,621,995 2110 91.10% 09/16/2022 77

Top Holdings As of 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.73 AAPL APPLE INC 2046251 138.93 3,649 506,955.57
10.99 MSFT MICROSOFT CORP 2588173 259.58 1,686 437,651.88
6.30 AMZN AMAZON.COM INC 2000019 109.56 2,292 251,111.52
3.99 TSLA TESLA INC B616C79 681.79 233 158,857.07
3.89 GOOG ALPHABET INC-CL C BYY88Y7 2,181.62 71 154,895.02
3.71 GOOGL ALPHABET INC-CL A BYVY8G0 2,174.75 68 147,883.00
3.10 META META PLATFORMS INC B7TL820 160.03 772 123,543.16
2.88 NVDA NVIDIA CORP 2379504 145.23 791 114,876.93
2.20 PEP PEPSICO INC 2681511 169.39 518 87,744.02
2.02 COST COSTCO WHOLESALE CORP 2701271 485.76 166 80,636.16
1.84 AVGO BROADCOM INC BDZ78H9 477.84 153 73,109.52
1.68 CMCSA COMCAST CORP-CLASS A 2044545 40.02 1,676 67,073.52
1.65 CSCO CISCO SYSTEMS INC 2198163 42.22 1,552 65,525.44
1.64 ADBE ADOBE INC 2008154 368.48 177 65,220.96
1.61 TMUS T-MOBILE US INC B94Q9V0 136.81 470 64,300.70
1.59 NDX US 09/16/22 P10575 31,740.00 2 63,480.00
1.40 INTC INTEL CORP 2463247 36.34 1,533 55,709.22
1.30 QCOM QUALCOMM INC 2714923 123.53 420 51,882.60
1.29 TXN TEXAS INSTRUMENTS INC 2885409 148.54 346 51,394.84
1.23 AMGN AMGEN INC 2023607 245.55 200 49,110.00
1.12 AMD ADVANCED MICRO DEVICES 2007849 73.67 607 44,717.72
1.12 HON HONEYWELL INTL 2020459 175.11 255 44,653.05
1.10 NQX US 09/16/22 P2110 6,280.00 7 43,960.00
1.03 INTU INTUIT INC 2459020 388.31 106 41,160.86
0.86 SBUX STARBUCKS CORP 2842255 79.26 430 34,081.80
0.84 ADP AUTOMATIC DATA PROCESSING 2065308 213.23 156 33,263.88
0.82 MDLZ MONDELEZ INTER-A B8CKK03 63.34 518 32,810.12
0.78 PYPL PAYPAL HOLDINGS INC BYW36M8 71.40 434 30,987.60
0.76 CHTR CHARTER COMMUN-A BZ6VT82 480.92 63 30,297.96
0.75 NFLX NETFLIX INC 2857817 179.95 166 29,871.70
0.74 GILD GILEAD SCIENCES INC 2369174 62.36 470 29,309.20
0.71 AMAT APPLIED MATERIALS INC 2046552 86.27 326 28,124.02
0.70 ADI ANALOG DEVICES INC 2032067 142.91 195 27,867.45
0.69 ISRG INTUITIVE SURGICAL INC 2871301 206.10 134 27,617.40
0.69 VRTX VERTEX PHARM 2931034 287.32 96 27,582.72
0.67 BKNG BOOKING HOLDINGS INC BDRXDB4 1,767.98 15 26,519.70
0.60 CSX CSX CORP 2160753 29.34 814 23,882.76
0.60 REGN REGENERON PHARMACEUTICALS 2730190 595.40 40 23,816.00
0.58 ATVI ACTIVISION BLIZZARD INC 2575818 78.57 293 23,021.01
0.56 MU MICRON TECHNOLOGY INC 2588184 53.65 418 22,425.70
0.56 FISV FISERV INC 2342034 92.58 242 22,404.36
0.56 MRNA MODERNA INC BGSXTS3 149.95 149 22,342.55
0.52 LRCX LAM RESEARCH CORP 2502247 394.83 52 20,531.16
0.48 KDP KEURIG DR PEPPER INC BD3W133 36.07 531 19,153.17
0.47 AEP AMERICAN ELECTRIC POWER 2026242 97.95 192 18,806.40
0.47 PANW PALO ALTO NETWORKS INC B87ZMX0 508.25 37 18,805.25
0.47 MNST MONSTER BEVERAGE CORP BZ07BW4 94.59 198 18,728.82
0.44 KHC KRAFT HEINZ CO/THE BYRY499 38.64 458 17,697.12
0.43 FTNT FORTINET INC B5B2106 57.37 300 17,211.00
0.43 SNPS SYNOPSYS INC 2867719 301.23 57 17,170.11
0.43 MAR MARRIOTT INTL-A 2210614 139.18 122 16,979.96
0.42 EXC EXELON CORP 2670519 46.07 367 16,907.69
0.42 KLAC KLA CORP 2480138 296.26 56 16,590.56
0.39 PAYX PAYCHEX INC 2674458 116.36 135 15,708.60
0.39 CDNS CADENCE DESIGN SYS INC 2302232 149.64 103 15,412.92
0.38 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 636.08 24 15,265.92
0.37 XEL XCEL ENERGY INC 2614807 72.63 204 14,816.52
0.36 ASML ASML HOLDING-NY B908F01 449.83 32 14,394.56
0.36 CRWD CROWDSTRIKE HO-A BJJP138 179.25 80 14,340.00
0.36 NXPI NXP SEMICONDUCTORS NV B505PN7 146.09 98 14,316.82
0.36 CTAS CINTAS CORP 2197137 376.71 38 14,314.98
0.36 AZN ASTRAZENECA PLC-SPONS ADR 2989044 65.95 216 14,245.20
0.35 ADSK AUTODESK INC 2065159 173.86 81 14,082.66
0.34 MRVL MARVELL TECHNOLOGY INC BNKJSM5 42.55 318 13,530.90
0.33 CTSH COGNIZANT TECH-A 2257019 68.03 195 13,265.85
0.33 DLTR DOLLAR TREE INC 2272476 156.27 84 13,126.68
0.33 ABNB AIRBNB INC-CLASS A BMGYYH4 91.41 143 13,071.63
0.32 EA ELECTRONIC ARTS INC 2310194 122.73 105 12,886.65
0.32 MELI MERCADOLIBRE INC B23X1H3 659.95 19 12,539.05
0.31 JD JD.COM INC-ADR BMM27D9 65.95 189 12,464.55
0.31 WBA WALGREENS BOOTS BTN1Y44 38.56 323 12,454.88
0.31 SGEN SEAGEN INC BLPK4D2 180.11 69 12,427.59
0.31 BIDU BAIDU INC - SPON ADR B0FXT17 151.49 81 12,270.69
0.30 LULU LULULEMON ATHLETICA INC B23FN39 263.38 46 12,115.48
0.29 MCHP MICROCHIP TECHNOLOGY INC 2592174 56.16 207 11,625.12
0.29 BIIB BIOGEN INC 2455965 210.63 55 11,584.65
0.29 DXCM DEXCOM INC B0796X4 77.63 147 11,411.61
0.28 ILMN ILLUMINA INC 2613990 191.04 59 11,271.36
0.28 IDXX IDEXX LABORATORIES INC 2459202 358.44 31 11,111.64
0.28 ODFL OLD DOMINION FREIGHT LINE 2656423 261.01 42 10,962.42
0.27 PCAR PACCAR INC 2665861 82.89 130 10,775.70
0.27 PDD PINDUODUO INC-ADR BYVW0F7 64.82 166 10,760.12
0.27 DDOG DATADOG INC - CLASS A BKT9Y49 101.05 106 10,711.30
0.27 FAST FASTENAL CO 2332262 49.74 215 10,694.10
0.27 LCID LUCID GROUP INC BP0TR77 17.00 623 10,591.00
0.26 WDAY WORKDAY INC-CLASS A B8K6ZD1 142.35 74 10,533.90
0.26 TEAM ATLASSIAN CORP-A BZ09BD1 197.51 53 10,468.03
0.26 ZM ZOOM VIDEO COM-A BGSP7M9 110.97 94 10,431.18
0.26 VRSK VERISK ANALYTICS INC B4P9W92 175.30 59 10,342.70
0.25 CPRT COPART INC 2208073 110.17 89 9,805.13
0.24 ROST ROSS STORES INC 2746711 71.38 131 9,350.78
0.23 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.21 1,470 9,128.70
0.23 EBAY EBAY INC 2293819 42.89 209 8,964.01
0.21 ZS ZSCALER INC BZ00V34 155.37 53 8,234.61
0.19 ANSS ANSYS INC 2045623 240.19 32 7,686.08
0.19 MTCH MATCH GROUP INC BK80XH9 71.49 107 7,649.43
0.18 ALGN ALIGN TECHNOLOGY INC 2679204 247.34 29 7,172.86
0.18 CEG CONSTELLATION ENERGY BMH4FS1 57.60 122 7,027.18
0.18 VRSN VERISIGN INC 2142922 170.81 41 7,003.21
0.16 NTES NETEASE INC-ADR 2606440 93.47 67 6,262.49
0.14 SPLK SPLUNK INC B424494 91.96 60 5,517.60
0.14 SWKS SKYWORKS SOLUTIONS INC 2961053 91.12 60 5,467.20
0.14 OKTA OKTA INC BDFZSP1 95.98 56 5,374.88
0.11 DOCU DOCUSIGN INC BFYT7B7 61.22 74 4,530.28
0.10 CASH 1.00 4,156 4,155.60
-1.25 NQX US 09/16/22 C2450 7,100.00 -7 -49,700.00
-1.76 NDX US 09/16/22 C12250 35,105.00 -2 -70,210.00
Holdings are subject to change.

ETF Characteristics As of 07/01/22

Return on Equity 25.10%
Weighted Avg. Market Cap 789,813 M
2021 2022
Price-to-earnings 21.98 21.30
Price-to-book value 5.96 4.86

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.

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