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 03/21/23

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $2.74 million
NAV $22.86
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 03/21/23

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 120,000
Number of Holdings 105
30-Day Median Bid-Ask Spread 0.41%

Distributions As of 03/21/23

30-Day SEC Yield 0.32%
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 03/21/23

NAV $22.86 Daily Change $0.15 0.66%
Market Price $22.84 Daily Change $0.19 0.84%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -18.30% -18.88% -17.21%
Since Inception -12.17% -12.61% -11.28%
1 Year -5.67% -5.93% -4.81%
Since Inception -7.36% -7.53% -6.57%
Year-to-Date -18.30% -18.88% -17.21%
1 Month -7.92% -8.34% -7.86%
3 Months -4.50% -4.71% -4.29%
Since Inception -16.08% -16.65% -14.93%
Year-to-Date 6.15% 6.58% 6.07%
1 Month 0.45% 0.14% 0.57%
3 Months -2.26% -2.31% -2.26%
Since Inception -10.92% -11.16% -9.76%

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 03/21/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$1,274,144 13775 92.50% 06/16/2023 87
Long NASDAQ Put Option $1,274,144 11900 93.40% 06/16/2023 87
Short NASDAQ 100 Reduced Value Call Option -$1,274,144 2750 92.70% 06/16/2023 87
Long NASDAQ 100 Reduced Value Put Option $1,274,144 2380 93.40% 06/16/2023 87

Top Holdings As of 03/21/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.27 MSFT MICROSOFT CORP 2588173 273.78 1,230 336,749.40
12.26 AAPL APPLE INC 2046251 159.28 2,111 336,240.08
6.23 AMZN AMAZON.COM INC 2000019 100.61 1,699 170,936.39
5.07 NVDA NVIDIA CORP 2379504 261.99 531 139,116.69
3.85 GOOGL ALPHABET INC-CL A BYVY8G0 104.92 1,007 105,654.44
3.82 GOOG ALPHABET INC-CL C BYY88Y7 105.84 990 104,781.60
3.78 TSLA TESLA INC B616C79 197.58 525 103,729.50
3.53 META META PLATFORMS INC B7TL820 202.16 479 96,834.64
2.09 AVGO BROADCOM INC BDZ78H9 636.75 90 57,307.50
1.92 PEP PEPSICO INC 2681511 178.01 296 52,690.96
1.70 COST COSTCO WHOLESALE CORP 2701271 490.85 95 46,630.75
1.63 CSCO CISCO SYSTEMS INC 2198163 50.67 881 44,640.27
1.38 TMUS T-MOBILE US INC B94Q9V0 144.67 262 37,903.54
1.34 ADBE ADOBE INC 2008154 374.22 98 36,673.56
1.27 TXN TEXAS INSTRUMENTS INC 2885409 178.41 195 34,789.95
1.22 CMCSA COMCAST CORP-CLASS A 2044545 36.99 904 33,438.96
1.21 AMD ADVANCED MICRO DEVICES 2007849 95.93 346 33,191.78
1.08 QCOM QUALCOMM INC 2714923 123.80 240 29,712.00
1.07 NQX US 06/16/23 P2380 5,885.00 5 29,425.00
1.07 NFLX NETFLIX INC 2857817 305.79 96 29,355.84
1.05 NDX US 06/16/23 P11900 28,870.00 1 28,870.00
1.00 HON HONEYWELL INTL 2020459 191.16 144 27,527.04
0.98 AMGN AMGEN INC 2023607 232.95 115 26,789.25
0.92 INTU INTUIT INC 2459020 422.03 60 25,321.80
0.92 INTC INTEL CORP 2463247 28.46 889 25,300.94
0.91 SBUX STARBUCKS CORP 2842255 100.54 247 24,833.38
0.80 AMAT APPLIED MATERIALS INC 2046552 120.40 182 21,912.80
0.77 GILD GILEAD SCIENCES INC 2369174 79.14 268 21,209.52
0.75 BKNG BOOKING HOLDINGS INC BDRXDB4 2,571.32 8 20,570.56
0.75 ADI ANALOG DEVICES INC 2032067 188.40 109 20,535.60
0.72 MDLZ MONDELEZ INTER-A B8CKK03 67.83 293 19,874.19
0.71 ADP AUTOMATIC DATA PROCESSING 2065308 218.10 89 19,410.90
0.68 PYPL PAYPAL HOLDINGS INC BYW36M8 76.72 243 18,642.96
0.67 ISRG INTUITIVE SURGICAL INC 2871301 246.68 75 18,501.00
0.64 REGN REGENERON PHARMACEUTICALS 2730190 759.76 23 17,474.48
0.61 VRTX VERTEX PHARM 2931034 302.66 55 16,646.30
0.56 FISV FISERV INC 2342034 113.04 135 15,260.40
0.54 LRCX LAM RESEARCH CORP 2502247 507.36 29 14,713.44
0.50 MU MICRON TECHNOLOGY INC 2588184 58.63 234 13,719.42
0.49 MELI MERCADOLIBRE INC B23X1H3 1,220.42 11 13,424.62
0.49 ATVI ACTIVISION BLIZZARD INC 2575818 79.75 168 13,398.00
0.47 CSX CSX CORP 2160753 29.32 442 12,959.44
0.46 PANW PALO ALTO NETWORKS INC B87ZMX0 194.49 65 12,641.85
0.46 MRNA MODERNA INC BGSXTS3 152.10 83 12,624.30
0.45 SNPS SYNOPSYS INC 2867719 374.36 33 12,353.88
0.45 CDNS CADENCE DESIGN SYS INC 2302232 207.88 59 12,264.92
0.45 ASML ASML HOLDING-NY B908F01 642.13 19 12,200.47
0.42 CHTR CHARTER COMMUN-A BZ6VT82 352.29 33 11,625.57
0.42 MNST MONSTER BEVERAGE CORP BZ07BW4 103.79 112 11,624.48
0.42 KLAC KLA CORP 2480138 385.06 30 11,551.80
0.40 MAR MARRIOTT INTL-A 2210614 167.76 66 11,072.16
0.40 ABNB AIRBNB INC-CLASS A BMGYYH4 123.69 89 11,008.41
0.39 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 819.63 13 10,655.19
0.39 KDP KEURIG DR PEPPER INC BD3W133 35.15 302 10,615.30
0.38 FTNT FORTINET INC B5B2106 62.46 168 10,493.28
0.37 NXPI NXP SEMICONDUCTORS NV B505PN7 180.46 56 10,105.76
0.37 PDD PDD HOLDINGS INC BYVW0F7 78.93 128 10,103.04
0.37 KHC KRAFT HEINZ CO/THE BYRY499 38.04 263 10,004.52
0.36 DXCM DEXCOM INC B0796X4 118.98 83 9,875.34
0.36 AEP AMERICAN ELECTRIC POWER 2026242 88.90 110 9,779.00
0.36 CTAS CINTAS CORP 2197137 443.12 22 9,748.64
0.35 MCHP MICROCHIP TECHNOLOGY INC 2592174 82.29 117 9,627.93
0.35 ADSK AUTODESK INC 2065159 207.15 46 9,528.90
0.33 IDXX IDEXX LABORATORIES INC 2459202 495.40 18 8,917.20
0.32 EXC EXELON CORP 2670519 40.68 213 8,664.84
0.32 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.99 129 8,641.71
0.31 PAYX PAYCHEX INC 2674458 110.29 77 8,492.33
0.31 WDAY WORKDAY INC-CLASS A B8K6ZD1 190.70 44 8,390.80
0.30 BIIB BIOGEN INC 2455965 266.15 31 8,250.65
0.29 ODFL OLD DOMINION FREIGHT LINE 2656423 336.15 24 8,067.60
0.29 GFS GLOBALFOUNDRIES INC BMW7F63 68.84 117 8,054.28
0.29 PCAR PACCAR INC 2665861 71.44 112 8,001.28
0.29 SGEN SEAGEN INC BLPK4D2 199.91 40 7,996.40
0.29 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.09 520 7,846.80
0.28 LULU LULULEMON ATHLETICA INC B23FN39 298.81 26 7,769.06
0.28 XEL XCEL ENERGY INC 2614807 65.50 118 7,729.00
0.28 ROST ROSS STORES INC 2746711 104.14 74 7,706.36
0.28 ILMN ILLUMINA INC 2613990 221.61 34 7,534.74
0.27 MRVL MARVELL TECHNOLOGY INC BNKJSM5 41.13 183 7,526.79
0.27 CPRT COPART INC 2208073 71.17 102 7,259.34
0.25 EA ELECTRONIC ARTS INC 2310194 114.94 59 6,781.46
0.24 DLTR DOLLAR TREE INC 2272476 140.98 47 6,626.06
0.24 FAST FASTENAL CO 2332262 53.14 122 6,483.08
0.24 CTSH COGNIZANT TECH-A 2257019 59.18 109 6,450.62
0.23 CRWD CROWDSTRIKE HO-A BJJP138 136.02 47 6,392.94
0.23 VRSK VERISK ANALYTICS INC B4P9W92 186.10 34 6,327.40
0.23 BKR BAKER HUGHES CO BDHLTQ5 28.04 221 6,196.84
0.23 WBA WALGREENS BOOTS BTN1Y44 33.54 184 6,171.36
0.22 CSGP COSTAR GROUP INC 2262864 67.86 89 6,039.54
0.22 ENPH ENPHASE ENERGY INC B65SQW4 207.63 29 6,021.27
0.22 ANSS ANSYS INC 2045623 314.42 19 5,973.98
0.20 CEG CONSTELLATION ENERGY BMH4FS1 76.52 70 5,356.40
0.19 ALGN ALIGN TECHNOLOGY INC 2679204 327.64 16 5,242.24
0.19 FANG DIAMONDBACK ENERGY INC B7Y8YR3 130.62 39 5,094.18
0.18 EBAY EBAY INC 2293819 43.75 115 5,031.25
0.18 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 154.30 32 4,937.60
0.17 DDOG DATADOG INC - CLASS A BKT9Y49 69.67 65 4,528.55
0.14 JD JD.COM INC-ADR BMM27D9 39.54 98 3,874.92
0.14 ZM ZOOM VIDEO COM-A BGSP7M9 71.85 53 3,808.05
0.13 ZS ZSCALER INC BZ00V34 113.02 31 3,503.62
0.12 SIRI SIRIUS XM HOLDINGS INC BGLDK10 3.80 860 3,268.00
0.11 LCID LUCID GROUP INC BP0TR77 8.19 380 3,112.20
0.10 RIVN RIVIAN AUTOMOTIVE INC-A BL98841 13.61 202 2,749.22
0.08 CASH 1.00 2,222 2,222.48
-0.74 NDX US 06/16/23 C13775 20,350.00 -1 -20,350.00
-0.78 NQX US 06/16/23 C2750 4,255.00 -5 -21,275.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/21/23

Return on Equity 23.40%
Weighted Avg. Market Cap 799,049 M
2022 2023
Price-to-earnings 25.83 24.44
Price-to-book value 6.24 5.27

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.54
MSCI EAFE 0.42
MSCI Emg. Mkts 0.33
Standard Deviation 14.40%

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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