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 12/01/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $3.17 million
NAV $22.67
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 12/01/22

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 140,000
Number of Holdings 106
30-Day Median Bid-Ask Spread 0.98%

Distributions As of 12/01/22

30-Day SEC Yield 0.38%
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 12/01/22

NAV $22.67 Daily Change $0.03 0.12%
Market Price $22.57 Daily Change -$0.02 -0.09%

Performance History

As of recent
(09/30/22)
As of recent
(09/30/22)
Fund NAV Market Price Index
1 Year -10.06% -10.69% -9.09%
Since Inception -11.10% -11.47% -10.17%
1 Year -13.19% -13.45% -12.05%
Since Inception -9.76% -9.90% -8.86%
Year-to-Date -14.45% -14.87% -13.50%
1 Month -4.84% -4.86% -4.62%
3 Months -1.13% -1.41% -0.75%
Since Inception -12.13% -12.53% -11.12%
Year-to-Date -13.78% -13.97% -12.81%
1 Month 0.78% 1.06% 0.81%
3 Months -4.72% -4.85% -4.32%
Since Inception -11.44% -11.60% -10.40%

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 12/01/22

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ Call Option -$2,408,379 12925 93.20% 12/16/2022 15
Long NASDAQ Put Option $2,408,379 11150 92.60% 12/16/2022 15
Short NASDAQ 100 Reduced Value Call Option -$722,514 2585 93.20% 12/16/2022 15
Long NASDAQ 100 Reduced Value Put Option $722,514 2230 92.60% 12/16/2022 15

Top Holdings As of 12/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.95 AAPL APPLE INC 2046251 148.31 2,771 410,967.01
10.32 MSFT MICROSOFT CORP 2588173 254.69 1,286 327,531.34
5.30 AMZN AMAZON.COM INC 2000019 95.50 1,761 168,175.50
3.40 GOOG ALPHABET INC-CL C BYY88Y7 101.28 1,064 107,761.92
3.29 GOOGL ALPHABET INC-CL A BYVY8G0 100.99 1,035 104,524.65
3.29 TSLA TESLA INC B616C79 194.70 536 104,359.20
3.27 NVDA NVIDIA CORP 2379504 171.35 605 103,666.75
2.31 PEP PEPSICO INC 2681511 185.90 395 73,430.50
2.24 META META PLATFORMS INC B7TL820 120.44 590 71,059.60
2.02 COST COSTCO WHOLESALE CORP 2701271 503.86 127 63,990.22
2.01 AVGO BROADCOM INC BDZ78H9 550.75 116 63,887.00
1.86 CSCO CISCO SYSTEMS INC 2198163 49.97 1,180 58,964.60
1.70 TMUS T-MOBILE US INC B94Q9V0 151.81 356 54,044.36
1.45 TXN TEXAS INSTRUMENTS INC 2885409 177.50 259 45,972.50
1.43 CMCSA COMCAST CORP-CLASS A 2044545 36.28 1,255 45,531.40
1.43 ADBE ADOBE INC 2008154 344.11 132 45,422.52
1.37 AMGN AMGEN INC 2023607 285.94 152 43,462.88
1.31 HON HONEYWELL INTL 2020459 217.39 191 41,521.49
1.28 QCOM QUALCOMM INC 2714923 126.81 320 40,579.20
1.27 NFLX NETFLIX INC 2857817 316.95 127 40,252.65
1.12 AMD ADVANCED MICRO DEVICES 2007849 77.48 459 35,563.35
1.10 INTC INTEL CORP 2463247 29.83 1,174 35,020.42
1.06 INTU INTUIT INC 2459020 416.07 81 33,701.67
1.05 SBUX STARBUCKS CORP 2842255 103.37 323 33,388.51
1.01 ADP AUTOMATIC DATA PROCESSING 2065308 267.95 119 31,886.05
0.99 GILD GILEAD SCIENCES INC 2369174 87.90 358 31,468.20
0.88 ISRG INTUITIVE SURGICAL INC 2871301 274.49 102 27,997.98
0.83 MDLZ MONDELEZ INTER-A B8CKK03 68.09 388 26,418.92
0.81 AMAT APPLIED MATERIALS INC 2046552 107.01 241 25,789.41
0.81 PYPL PAYPAL HOLDINGS INC BYW36M8 78.53 327 25,679.31
0.77 ADI ANALOG DEVICES INC 2032067 170.72 143 24,412.96
0.74 REGN REGENERON PHARMACEUTICALS 2730190 761.24 31 23,598.44
0.74 VRTX VERTEX PHARM 2931034 320.76 73 23,415.48
0.71 BKNG BOOKING HOLDINGS INC BDRXDB4 2,060.29 11 22,663.19
0.63 MRNA MODERNA INC BGSXTS3 181.48 110 19,962.80
0.62 CSX CSX CORP 2160753 32.68 601 19,640.68
0.60 FISV FISERV INC 2342034 105.03 180 18,905.40
0.56 CHTR CHARTER COMMUN-A BZ6VT82 389.16 46 17,901.36
0.55 LRCX LAM RESEARCH CORP 2502247 463.14 38 17,599.32
0.54 ATVI ACTIVISION BLIZZARD INC 2575818 75.19 229 17,218.51
0.54 MU MICRON TECHNOLOGY INC 2588184 55.49 308 17,090.92
0.51 SNPS SYNOPSYS INC 2867719 357.84 45 16,102.80
0.51 KDP KEURIG DR PEPPER INC BD3W133 38.71 415 16,064.65
0.50 MNST MONSTER BEVERAGE CORP BZ07BW4 103.25 154 15,900.50
0.49 MAR MARRIOTT INTL-A 2210614 165.19 94 15,527.86
0.49 PANW PALO ALTO NETWORKS INC B87ZMX0 178.40 87 15,520.80
0.49 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 857.18 18 15,429.24
0.48 KLAC KLA CORP 2480138 390.73 39 15,238.47
0.46 ASML ASML HOLDING-NY B908F01 611.26 24 14,670.24
0.45 AEP AMERICAN ELECTRIC POWER 2026242 96.48 148 14,279.04
0.45 KHC KRAFT HEINZ CO/THE BYRY499 39.49 358 14,137.42
0.44 CDNS CADENCE DESIGN SYS INC 2302232 176.78 79 13,965.62
0.44 CTAS CINTAS CORP 2197137 462.45 30 13,873.50
0.43 DXCM DEXCOM INC B0796X4 118.03 115 13,573.45
0.42 MELI MERCADOLIBRE INC B23X1H3 941.01 14 13,174.14
0.41 NXPI NXP SEMICONDUCTORS NV B505PN7 173.44 75 13,008.00
0.41 LULU LULULEMON ATHLETICA INC B23FN39 381.82 34 12,981.88
0.41 BIIB BIOGEN INC 2455965 301.85 43 12,979.55
0.41 PAYX PAYCHEX INC 2674458 125.90 103 12,967.70
0.40 MCHP MICROCHIP TECHNOLOGY INC 2592174 78.32 163 12,766.16
0.40 ADSK AUTODESK INC 2065159 206.93 61 12,622.73
0.39 FTNT FORTINET INC B5B2106 55.38 224 12,405.12
0.39 ENPH ENPHASE ENERGY INC B65SQW4 314.00 39 12,246.00
0.38 ROST ROSS STORES INC 2746711 117.98 103 12,151.94
0.38 EXC EXELON CORP 2670519 41.53 287 11,919.11
0.36 AZN ASTRAZENECA PLC-SPONS ADR 2989044 68.34 168 11,481.12
0.36 MRVL MARVELL TECHNOLOGY INC BNKJSM5 45.40 250 11,350.00
0.35 ABNB AIRBNB INC-CLASS A BMGYYH4 101.27 111 11,240.97
0.35 XEL XCEL ENERGY INC 2614807 70.19 160 11,230.40
0.34 PCAR PACCAR INC 2665861 105.95 102 10,806.90
0.34 EA ELECTRONIC ARTS INC 2310194 131.62 81 10,661.22
0.33 PDD PINDUODUO INC-ADR BYVW0F7 83.74 126 10,551.24
0.33 ILMN ILLUMINA INC 2613990 220.86 47 10,380.42
0.33 WBA WALGREENS BOOTS BTN1Y44 41.31 251 10,368.81
0.32 IDXX IDEXX LABORATORIES INC 2459202 439.17 23 10,100.91
0.31 WDAY WORKDAY INC-CLASS A B8K6ZD1 169.48 58 9,829.84
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 300.89 32 9,628.48
0.30 DLTR DOLLAR TREE INC 2272476 149.72 64 9,582.08
0.30 CTSH COGNIZANT TECH-A 2257019 62.62 151 9,455.62
0.29 CPRT COPART INC 2208073 67.67 138 9,338.46
0.28 CEG CONSTELLATION ENERGY BMH4FS1 94.47 94 8,880.15
0.28 VRSK VERISK ANALYTICS INC B4P9W92 186.14 47 8,748.58
0.27 FAST FASTENAL CO 2332262 51.56 167 8,610.52
0.26 JD JD.COM INC-ADR BMM27D9 55.85 149 8,321.65
0.25 CRWD CROWDSTRIKE HO-A BJJP138 124.07 64 7,940.48
0.24 EBAY EBAY INC 2293819 45.16 165 7,451.40
0.24 NDX US 12/16/22 P11150 3,725.00 2 7,450.00
0.23 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.41 1,150 7,371.50
0.21 VRSN VERISIGN INC 2142922 204.57 33 6,750.81
0.20 SGEN SEAGEN INC BLPK4D2 121.02 53 6,414.06
0.20 DDOG DATADOG INC - CLASS A BKT9Y49 77.97 82 6,393.54
0.20 ANSS ANSYS INC 2045623 259.61 24 6,230.64
0.19 ZS ZSCALER INC BZ00V34 144.50 41 5,924.50
0.18 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 140.06 41 5,742.46
0.18 ZM ZOOM VIDEO COM-A BGSP7M9 77.43 74 5,729.82
0.16 BIDU BAIDU INC - SPON ADR B0FXT17 108.67 48 5,216.16
0.15 LCID LUCID GROUP INC BP0TR77 9.83 487 4,787.21
0.14 SWKS SKYWORKS SOLUTIONS INC 2961053 94.97 48 4,558.56
0.14 SPLK SPLUNK INC B424494 91.49 48 4,391.52
0.13 ALGN ALIGN TECHNOLOGY INC 2679204 201.77 21 4,237.17
0.13 MTCH MATCH GROUP INC BK80XH9 49.96 83 4,146.68
0.10 CASH 1.00 3,201 3,201.07
0.09 NTES NETEASE INC-ADR 2606440 68.25 43 2,934.75
0.09 DOCU DOCUSIGN INC BFYT7B7 48.29 58 2,800.82
0.08 NQX US 12/16/22 P2230 830.00 3 2,490.00
-0.05 NQX US 12/16/22 C2585 540.00 -3 -1,620.00
-0.15 NDX US 12/16/22 C12925 2,400.00 -2 -4,800.00
Holdings are subject to change.

ETF Characteristics As of 12/01/22

Return on Equity 23.90%
Weighted Avg. Market Cap 770,110 M
2021 2022
Price-to-earnings 22.59 23.57
Price-to-book value 6.22 5.13

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/22

Versus Beta
S&P 500 0.46
MSCI EAFE 0.38
MSCI Emg. Mkts 0.28
Standard Deviation 12.60%

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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