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.

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 10/27/21

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $2.80 million
NAV $25.47
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 10/27/21

Ticker QCLR
Bloomberg Index Ticker NQCLRI
CUSIP 37960A602
ISIN US37960A6029
Primary Exchange Nasdaq
Shares Outstanding 110,000
Number of Holdings 104
30-Day Median Bid-Ask Spread 0.36%

Distributions As of 10/27/21

30-Day SEC Yield 0.07%
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 10/27/21

NAV $25.47 Daily Change $0.06 0.24%
Market Price $25.51 Daily Change $0.07 0.26%

Performance History

As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
Year-to-Date -- -- 9.64%
1 Month -3.10% -3.06% -3.00%
3 Months -- -- 2.09%
Since Inception -2.30% -2.06% -2.23%
Year-to-Date -- -- 9.64%
1 Month -3.10% -3.06% -3.00%
3 Months -- -- 2.09%
Since Inception -2.30% -2.06% -2.23%

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 10/27/21

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short NASDAQ 100 Reduced Value Call Option -$2,495,743 3410 91.50% 12/17/2021 51
Long NASDAQ 100 Reduced Value Put Option $2,495,743 2950 94.60% 12/17/2021 51

Top Holdings As of 10/27/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.81 AAPL APPLE INC 2046251 148.85 2,034 302,760.90
10.67 MSFT MICROSOFT CORP 2588173 323.17 925 298,932.25
7.51 AMZN AMAZON.COM INC 2000019 3,392.49 62 210,334.38
5.63 TSLA TESLA INC B616C79 1,037.86 152 157,754.72
4.08 NVDA NVIDIA CORP 2379504 244.51 468 114,430.68
4.08 GOOG ALPHABET INC-CL C BYY88Y7 2,928.55 39 114,213.45
3.86 GOOGL ALPHABET INC-CL A BYVY8G0 2,924.35 37 108,200.95
3.27 FB FACEBOOK INC-CLASS A B7TL820 312.22 293 91,480.46
2.03 ADBE ADOBE INC 2008154 640.08 89 56,967.12
1.96 NFLX NETFLIX INC 2857817 662.92 83 55,022.36
1.85 PYPL PAYPAL HOLDINGS INC BYW36M8 234.94 220 51,686.80
1.60 CMCSA COMCAST CORP-CLASS A 2044545 52.44 857 44,941.08
1.59 CSCO CISCO SYSTEMS INC 2198163 56.18 792 44,494.56
1.49 PEP PEPSICO INC 2681511 160.61 259 41,597.99
1.45 COST COSTCO WHOLESALE CORP 2701271 488.32 83 40,530.56
1.44 AVGO BROADCOM INC BDZ78H9 523.11 77 40,279.47
1.30 INTC INTEL CORP 2463247 47.89 759 36,348.51
1.16 TXN TEXAS INSTRUMENTS INC 2885409 187.10 173 32,368.30
1.12 INTU INTUIT INC 2459020 613.13 51 31,269.63
1.11 NQX US 12/17/21 P2950 3,900.00 8 31,200.00
1.01 AMD ADVANCED MICRO DEVICES 2007849 122.28 231 28,246.68
0.99 HON HONEYWELL INTL 2020459 215.72 129 27,827.88
0.98 QCOM QUALCOMM INC 2714923 131.20 209 27,420.80
0.96 TMUS T-MOBILE US INC B94Q9V0 116.62 231 26,939.22
0.91 MRNA MODERNA INC BGSXTS3 340.88 75 25,566.00
0.89 SBUX STARBUCKS CORP 2842255 113.51 220 24,972.20
0.87 CHTR CHARTER COMMUN-A BZ6VT82 714.51 34 24,293.34
0.82 ISRG INTUITIVE SURGICAL INC 2871301 348.98 66 23,032.68
0.80 AMAT APPLIED MATERIALS INC 2046552 132.16 169 22,335.04
0.78 AMGN AMGEN INC 2023607 206.58 106 21,897.48
0.69 BKNG BOOKING HOLDINGS INC BDRXDB4 2,428.09 8 19,424.72
0.63 ADP AUTOMATIC DATA PROCESSING 2065308 221.95 79 17,534.05
0.61 ADI ANALOG DEVICES INC 2032067 170.46 100 17,046.00
0.57 MDLZ MONDELEZ INTER-A B8CKK03 60.39 264 15,942.96
0.56 GILD GILEAD SCIENCES INC 2369174 66.77 234 15,624.18
0.55 CSX CSX CORP 2160753 35.86 429 15,383.94
0.53 LRCX LAM RESEARCH CORP 2502247 553.62 27 14,947.74
0.51 MU MICRON TECHNOLOGY INC 2588184 68.24 209 14,262.16
0.48 MELI MERCADOLIBRE INC B23X1H3 1,500.00 9 13,500.00
0.45 ADSK AUTODESK INC 2065159 308.51 41 12,648.91
0.43 ASML ASML HOLDING-NY B908F01 801.00 15 12,015.00
0.43 ZM ZOOM VIDEO COM-A BGSP7M9 272.81 44 12,003.64
0.43 FISV FISERV INC 2342034 98.83 121 11,958.43
0.43 ILMN ILLUMINA INC 2613990 412.01 29 11,948.29
0.42 JD JD.COM INC-ADR BMM27D9 80.86 147 11,886.42
0.42 REGN REGENERON PHARMACEUTICALS 2730190 589.60 20 11,792.00
0.40 ATVI ACTIVISION BLIZZARD INC 2575818 78.65 143 11,246.95
0.38 TEAM ATLASSIAN CORP-A BZ09BD1 412.88 26 10,734.88
0.37 MRVL MARVELL TECHNOLOGY INC BNKJSM5 67.70 154 10,425.80
0.37 CRWD CROWDSTRIKE HO-A BJJP138 279.00 37 10,323.00
0.37 IDXX IDEXX LABORATORIES INC 2459202 640.50 16 10,248.00
0.36 WDAY WORKDAY INC-CLASS A B8K6ZD1 283.13 36 10,192.68
0.36 DXCM DEXCOM INC B0796X4 558.54 18 10,053.72
0.36 DOCU DOCUSIGN INC BFYT7B7 277.96 36 10,006.56
0.36 LULU LULULEMON ATHLETICA INC B23FN39 433.70 23 9,975.10
0.35 MAR MARRIOTT INTL-A 2210614 159.80 61 9,747.80
0.35 EXC EXELON CORP 2670519 51.98 187 9,720.26
0.34 KLAC KLA CORP 2480138 340.57 28 9,535.96
0.34 NXPI NXP SEMICONDUCTORS NV B505PN7 192.41 49 9,428.09
0.34 EBAY EBAY INC 2293819 77.66 121 9,396.86
0.32 ALGN ALIGN TECHNOLOGY INC 2679204 604.39 15 9,065.85
0.32 KDP KEURIG DR PEPPER INC BD3W133 34.20 264 9,028.80
0.32 SNPS SYNOPSYS INC 2867719 319.13 28 8,935.64
0.31 VRTX VERTEX PHARM 2931034 180.94 48 8,685.12
0.31 CDNS CADENCE DESIGN SYS INC 2302232 165.10 52 8,585.20
0.30 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 650.95 13 8,462.35
0.30 KHC KRAFT HEINZ CO/THE BYRY499 36.40 231 8,408.40
0.30 MNST MONSTER BEVERAGE CORP BZ07BW4 84.88 99 8,403.12
0.29 MTCH MATCH GROUP INC BK80XH9 158.46 52 8,239.92
0.29 PAYX PAYCHEX INC 2674458 122.48 66 8,083.68
0.29 CTAS CINTAS CORP 2197137 422.94 19 8,035.86
0.28 XLNX XILINX INC 2985677 180.85 44 7,957.40
0.28 BIDU BAIDU INC - SPON ADR B0FXT17 167.75 47 7,884.25
0.28 AEP AMERICAN ELECTRIC POWER 2026242 84.30 93 7,839.90
0.28 WBA WALGREENS BOOTS BTN1Y44 47.12 165 7,774.80
0.28 EA ELECTRONIC ARTS INC 2310194 140.37 55 7,720.35
0.28 CTSH COGNIZANT TECH-A 2257019 77.71 99 7,693.29
0.26 MCHP MICROCHIP TECHNOLOGY INC 2592174 72.37 102 7,381.74
0.26 ROST ROSS STORES INC 2746711 110.66 66 7,303.56
0.26 BIIB BIOGEN INC 2455965 259.95 28 7,278.60
0.24 OKTA OKTA INC BDFZSP1 250.01 27 6,750.27
0.24 CPRT COPART INC 2208073 151.59 44 6,669.96
0.23 PDD PINDUODUO INC-ADR BYVW0F7 92.29 71 6,552.59
0.23 ANSS ANSYS INC 2045623 370.14 17 6,292.38
0.22 XEL XCEL ENERGY INC 2614807 63.39 99 6,275.61
0.22 VRSK VERISK ANALYTICS INC B4P9W92 207.88 30 6,236.40
0.22 FAST FASTENAL CO 2332262 55.57 110 6,112.70
0.21 SGEN SEAGEN INC BLPK4D2 174.61 33 5,762.13
0.20 PCAR PACCAR INC 2665861 85.77 66 5,660.82
0.20 NTES NETEASE INC-ADR 2606440 100.35 55 5,519.25
0.20 SWKS SKYWORKS SOLUTIONS INC 2961053 165.90 33 5,474.70
0.19 SPLK SPLUNK INC B424494 163.25 33 5,387.25
0.17 CDW CDW CORP/DE BBM5MD6 184.37 26 4,793.62
0.17 VRSN VERISIGN INC 2142922 211.83 22 4,660.26
0.16 DLTR DOLLAR TREE INC 2272476 104.49 44 4,597.56
0.16 SIRI SIRIUS XM HOLDINGS INC BGLDK10 5.96 770 4,589.20
0.16 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 88.45 50 4,422.50
0.14 CERN CERNER CORP 2185284 69.89 55 3,843.95
0.14 CASH 1.00 3,843 3,843.45
0.10 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 28.95 99 2,866.05
0.10 INCY INCYTE CORP 2471950 64.97 44 2,858.68
0.10 FOXA FOX CORP - CLASS A BJJMGL2 40.20 66 2,653.20
0.09 CHKP CHECK POINT SOFTWARE TECH 2181334 118.12 22 2,598.64
0.06 FOX FOX CORP - CLASS B BJJMGY5 37.48 44 1,649.12
-0.11 NQX US 12/17/21 C3410 392.50 -8 -3,140.00
Holdings are subject to change.

ETF Characteristics As of 10/27/21

Return on Equity 28.20%
Weighted Avg. Market Cap 889,816 M
2020 2021
Price-to-earnings 38.52 29.41
Price-to-book value 9.32 7.47

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.