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 07/16/24

Inception Date 08/25/21
Total Expense Ratio 0.26%
Net Assets $1.85 million
NAV $30.88
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 07/16/24

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 07/16/24

30-Day SEC Yield 0.56%
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 07/16/24

NAV $30.88 Daily Change $0.01 0.03%
Market Price $30.86 Daily Change $0.05 0.16%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (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 23.64% 23.52% 25.61%
Since Inception 7.28% 7.29% 8.22%
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 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%

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 07/16/24

Nasdaq 100 Price 20,398.60 Nasdaq 100 Mini Price 203.99

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ 100 Micro Call Option -$1,835,876 220 7.85% 09/20/2024 66

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option $1,835,876 187 -8.33% 09/20/2024 66

Top Holdings As of 07/16/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.04 AAPL APPLE INC 2046251 234.82 713 167,426.66
8.40 MSFT MICROSOFT CORP 2588173 449.52 346 155,533.92
7.80 NVDA NVIDIA CORP 2379504 126.36 1,144 144,555.84
5.12 AVGO BROADCOM INC BDZ78H9 169.38 560 94,850.00
5.04 AMZN AMAZON.COM INC 2000019 193.02 484 93,421.68
4.28 META META PLATFORMS INC B7TL820 489.79 162 79,345.98
3.10 TSLA TESLA INC B616C79 256.56 224 57,469.44
2.71 GOOGL ALPHABET INC-CL A BYVY8G0 183.92 273 50,210.16
2.61 GOOG ALPHABET INC-CL C BYY88Y7 185.50 261 48,415.50
2.43 COST COSTCO WHOLESALE CORP 2701271 850.77 53 45,090.81
1.86 AMD ADVANCED MICRO DEVICES 2007849 177.55 194 34,444.70
1.84 NFLX NETFLIX INC 2857817 656.32 52 34,128.64
1.65 ADBE ADOBE INC 2008154 566.54 54 30,593.16
1.52 QCOM QUALCOMM INC 2714923 209.64 134 28,091.76
1.47 PEP PEPSICO INC 2681511 164.76 165 27,185.40
1.40 LIN LINDE PLC BNZHB81 445.73 58 25,852.34
1.39 TMUS T-MOBILE US INC B94Q9V0 182.98 141 25,800.18
1.31 AMAT APPLIED MATERIALS INC 2046552 245.84 99 24,338.16
1.24 CSCO CISCO SYSTEMS INC 2198163 47.42 485 22,998.70
1.22 INTU INTUIT INC 2459020 666.15 34 22,649.10
1.22 TXN TEXAS INSTRUMENTS INC 2885409 206.62 109 22,521.58
1.15 AMGN AMGEN INC 2023607 333.14 64 21,320.96
1.02 ISRG INTUITIVE SURGICAL INC 2871301 438.01 43 18,834.43
1.01 CMCSA COMCAST CORP-CLASS A 2044545 39.61 471 18,656.31
0.95 INTC INTEL CORP 2463247 34.34 512 17,582.08
0.93 LRCX LAM RESEARCH CORP 2502247 1,075.99 16 17,215.84
0.92 HON HONEYWELL INTL 2020459 218.47 78 17,040.66
0.92 MU MICRON TECHNOLOGY INC 2588184 127.49 133 16,956.17
0.89 BKNG BOOKING HOLDINGS INC BDRXDB4 4,119.09 4 16,476.36
0.82 VRTX VERTEX PHARM 2931034 488.98 31 15,158.38
0.78 ADI ANALOG DEVICES INC 2032067 243.33 59 14,356.47
0.77 REGN REGENERON PHARMACEUTICALS 2730190 1,094.99 13 14,234.87
0.75 KLAC KLA CORP 2480138 867.18 16 13,874.88
0.71 PANW PALO ALTO NETWORKS INC B87ZMX0 338.50 39 13,201.50
0.65 ADP AUTOMATIC DATA PROCESSING 2065308 245.82 49 12,045.18
0.63 ASML ASML HOLDING-NY B908F01 1,068.19 11 11,750.09
0.61 XND US 09/20/24 P187 126.00 90 11,340.00
0.60 SNPS SYNOPSYS INC 2867719 613.01 18 11,034.18
0.59 PDD PDD HOLDINGS INC BYVW0F7 135.84 80 10,867.20
0.58 GILD GILEAD SCIENCES INC 2369174 71.64 149 10,674.36
0.57 MDLZ MONDELEZ INTER-A B8CKK03 65.83 161 10,598.63
0.56 CRWD CROWDSTRIKE HO-A BJJP138 369.05 28 10,333.40
0.56 MELI MERCADOLIBRE INC B23X1H3 1,720.43 6 10,322.58
0.56 CDNS CADENCE DESIGN SYS INC 2302232 311.73 33 10,287.09
0.55 SBUX STARBUCKS CORP 2842255 75.51 136 10,269.36
0.49 NXPI NXP SEMICONDUCTORS NV B505PN7 290.78 31 9,014.18
0.47 CTAS CINTAS CORP 2197137 725.45 12 8,705.40
0.47 MAR MARRIOTT INTL-A 2210614 255.11 34 8,673.74
0.45 CSX CSX CORP 2160753 35.33 235 8,302.55
0.43 ABNB AIRBNB INC-CLASS A BMGYYH4 151.26 53 8,016.78
0.42 MRVL MARVELL TECHNOLOGY INC BNKJSM5 75.60 104 7,862.40
0.42 PYPL PAYPAL HOLDINGS INC BYW36M8 61.81 126 7,788.06
0.42 CEG CONSTELLATION ENERGY BMH4FS1 204.88 38 7,785.44
0.40 ROP ROPER TECHNOLOGIES INC 2749602 567.07 13 7,371.91
0.39 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,043.52 7 7,304.64
0.37 PCAR PACCAR INC 2665861 108.89 63 6,860.07
0.36 ADSK AUTODESK INC 2065159 253.82 26 6,599.32
0.34 MNST MONSTER BEVERAGE CORP BZ07BW4 50.49 125 6,311.25
0.34 CPRT COPART INC 2208073 54.00 115 6,210.00
0.33 MCHP MICROCHIP TECHNOLOGY INC 2592174 94.81 64 6,067.84
0.32 ROST ROSS STORES INC 2746711 148.87 40 5,954.80
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 235.63 25 5,890.75
0.31 AEP AMERICAN ELECTRIC POWER 2026242 91.85 63 5,786.55
0.30 MRNA MODERNA INC BGSXTS3 125.14 45 5,631.30
0.30 CHTR CHARTER COMMUN-A BZ6VT82 327.42 17 5,566.14
0.30 FTNT FORTINET INC B5B2106 59.48 92 5,472.16
0.29 DXCM DEXCOM INC B0796X4 116.06 47 5,454.82
0.29 TTD TRADE DESK INC-A BD8FDD1 100.95 54 5,451.30
0.29 AZN ASTRAZENECA PLC-SPONS ADR 2989044 78.59 69 5,422.71
0.29 PAYX PAYCHEX INC 2674458 124.28 43 5,344.04
0.29 KDP KEURIG DR PEPPER INC BD3W133 32.66 163 5,323.58
0.29 ODFL OLD DOMINION FREIGHT LINE 2656423 203.84 26 5,299.84
0.27 DASH DOORDASH INC - A BN13P03 108.74 46 5,002.04
0.27 IDXX IDEXX LABORATORIES INC 2459202 499.52 10 4,995.20
0.26 DDOG DATADOG INC - CLASS A BKT9Y49 130.77 37 4,838.49
0.26 VRSK VERISK ANALYTICS INC B4P9W92 281.14 17 4,779.38
0.26 KHC KRAFT HEINZ CO/THE BYRY499 32.84 144 4,728.96
0.25 FAST FASTENAL CO 2332262 69.03 68 4,694.04
0.25 EA ELECTRONIC ARTS INC 2310194 146.67 32 4,693.44
0.24 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 82.64 54 4,462.56
0.24 CTSH COGNIZANT TECH-A 2257019 73.79 60 4,427.40
0.24 FANG DIAMONDBACK ENERGY INC B7Y8YR3 209.06 21 4,390.26
0.24 BKR BAKER HUGHES CO BDHLTQ5 36.30 120 4,356.00
0.23 EXC EXELON CORP 2670519 35.52 122 4,333.44
0.22 ON ON SEMICONDUCTOR 2583576 78.74 52 4,094.48
0.22 LULU LULULEMON ATHLETICA INC B23FN39 291.76 14 4,084.64
0.22 CCEP COCA-COLA EUROPA BYQQ3P5 73.87 55 4,062.85
0.21 CDW CDW CORP/DE BBM5MD6 239.84 16 3,837.44
0.21 BIIB BIOGEN INC 2455965 225.02 17 3,825.34
0.20 CSGP COSTAR GROUP INC 2262864 76.97 49 3,771.53
0.20 XEL XCEL ENERGY INC 2614807 53.93 68 3,667.24
0.20 ZS ZSCALER INC BZ00V34 203.12 18 3,656.16
0.20 GFS GLOBALFOUNDRIES INC BMW7F63 54.42 67 3,646.14
0.19 TEAM ATLASSIAN CORP-CL A BQ1PC76 183.17 19 3,480.23
0.18 ANSS ANSYS INC 2045623 330.37 10 3,303.70
0.17 TTWO TAKE-TWO INTERAC 2122117 154.10 20 3,082.00
0.15 DLTR DOLLAR TREE INC 2272476 104.82 26 2,725.32
0.14 ARM ARM HOLDINGS PLC-ADR BNSP5P7 178.77 14 2,502.78
0.13 ILMN ILLUMINA INC 2613990 125.23 19 2,379.37
0.13 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.98 295 2,354.10
0.13 MDB MONGODB INC BF2FJ99 258.26 9 2,324.34
0.07 CASH 1.00 1,225 1,225.17
0.07 WBA WALGREENS BOOTS BTN1Y44 11.73 104 1,219.92
0.01 OTHER PAYABLE & RECEIVABLES 1.00 238 237.57
-0.61 XND US 09/20/24 C220 124.50 -90 -11,205.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 07/16/24

Return on Equity 22.90%
Weighted Avg. Market Cap 1,040,890 M
2023 2024
Price-to-earnings 34.82 29.76
Price-to-book value 7.58 6.17

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus Beta
S&P 500 0.63
NASDAQ-100 0.57
MSCI EAFE 0.48
MSCI Emg. Mkts 0.46
Standard Deviation 14.10%

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.