XTR

S&P 500 Tail Risk ETF

Morningstar Rating™ - Overall rating out of 137 Equity Hedged funds, based on risk-adjusted returns as of 06/30/2025

Reasons to Consider XTR

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Growth Potential

XTR offers uncapped exposure to the growth potential1 of the stocks in the S&P 500 Index.

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Manage Downside Risk

By buying protective puts, XTR seeks to mitigate significant selloffs of greater than approximately -10% from the purchase of the put to the options’ expiration in three months.

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Efficient Options Execution

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

1XTR’s growth potential will decrease by the cost of the premiums paid

Key Information

ETF Summary

The Global X S&P 500 Tail Risk ETF (XTR) employs a protective put strategy for investors seeking to buffer against market selloffs. XTR seeks to achieve this outcome by owning the stocks in the S&P 500 Index, coupled with buying 10% out-of-the-money put options2 on the S&P 500 Index.

ETF Objective

The Global X S&P 500 Tail Risk ETF (XTR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Tail Risk Index.
Trading Details
Distributions

2An 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 (learn more)

ETF Prices

NAV
Daily Change
Market Price
Daily Change

Performance History

Fund NAVMarket PriceIndex

Options Details

As of Jul 08 2025
S&P 500 Price
6,225.52
S&P 500 Mini Price
622.55

Downside Floor Details

Option PositionsNotional ExposureStrikeDownside Before FloorExpiration DateCalendar Days to Expiry
Long S&P 500 Put Option$1,867,6565375-13.66%Sep 19 202573
Long S&P 500 Mini Put Option$124,510537-13.74%Sep 19 202573

Top Holdings

Net Assets (%)TickerNameSEDOLShares HeldMarket Value
Exposure

ETF Characteristics

As of Jul 08 2025
Return on Equity19.70%
Weighted Avg. Market Cap1,057,010 M
20242025
Price-to-earnings25.8523.31
Price-to-book value4.934.29

ETF Risk Stats

As of Jun 30 2025
VERSUSBETA
S&P 5000.90
NASDAQ-1000.68
MSCI EAFE0.61
MSCI Emg. Mkts0.44
Standard Deviation14.50%

ETF Research

Enhancing Retirement Portfolios with Global X’s Options Strategies

Managing Event-Driven Risk: Alternatives to 0DTE Options

The Case for Tail Risk ETFs in a Portfolio

ETF Documents