QTR


Nasdaq 100 Tail Risk ETF

Reasons to Consider QTR

Growth Potential

QTR offers uncapped exposure to the growth potential1 of the stocks in the Nasdaq 100 Index.

Manage Downside Risk

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

Efficient Options Execution

QTR buys put options on the Nasdaq 100, saving investors the time and potential expense of doing so individually.

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

Key Information As of 06/13/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.69 million
NAV $29.93
Fact Sheet View the document

ETF Summary

The Global X Nasdaq 100 Tail Risk ETF (QTR) employs a protective put strategy for investors seeking to buffer against market selloffs. QTR seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index, coupled with buying 10% out-of-the-money put options2 on the Nasdaq 100 Index.

ETF Objective

The Global X Nasdaq 100 Tail Risk ETF (QTR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Quarterly Protective Put 90 Index.

Trading Details As of 06/13/24

Ticker QTR
Bloomberg Index Ticker NQTRI
CUSIP 37960A404
ISIN US37960A4040
Primary Exchange Nasdaq
Shares Outstanding 90,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.32%

Distributions As of 06/13/24

30-Day SEC Yield 0.60%
Distribution Frequency Semi-Annually

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 As of 06/13/24

NAV $29.93 Daily Change $0.08 0.27%
Market Price $29.95 Daily Change $0.17 0.57%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 33.80% 34.14% 34.31%
Since Inception 5.37% 5.41% 5.88%
1 Year 26.98% 26.30% 26.47%
Since Inception 5.88% 5.56% 6.00%
Year-to-Date 7.28% 7.56% 7.61%
1 Month 0.54% 0.61% 0.68%
3 Months 7.28% 7.56% 7.61%
Since Inception 14.56% 14.69% 16.02%
Year-to-Date 9.69% 8.94% 8.98%
1 Month 6.87% 5.81% 5.79%
3 Months 2.80% 1.90% 1.96%
Since Inception 17.14% 16.16% 17.49%

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 06/13/24

Nasdaq 100 Price 19,576.90 Nasdaq 100 Mini Price 3,915.38

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Reduced Value Put Option $2,740,769 3220 -17.76% 06/21/2024 8

Top Holdings As of 06/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.63 AAPL APPLE INC 2046251 214.24 1,085 232,450.40
8.56 MSFT MICROSOFT CORP 2588173 441.58 522 230,504.76
8.47 NVDA NVIDIA CORP 2379504 129.61 1,760 228,113.60
5.24 AVGO BROADCOM INC BDZ78H9 1,678.99 84 141,035.16
4.98 AMZN AMAZON.COM INC 2000019 183.83 729 134,012.07
4.60 META META PLATFORMS INC B7TL820 503.60 246 123,885.60
2.69 GOOGL ALPHABET INC-CL A BYVY8G0 175.16 414 72,516.24
2.61 GOOG ALPHABET INC-CL C BYY88Y7 176.74 398 70,342.52
2.54 COST COSTCO WHOLESALE CORP 2701271 845.96 81 68,522.76
2.30 TSLA TESLA INC B616C79 182.47 339 61,857.33
1.92 NFLX NETFLIX INC 2857817 653.26 79 51,607.54
1.74 AMD ADVANCED MICRO DEVICES 2007849 159.90 293 46,850.70
1.64 QCOM QUALCOMM INC 2714923 217.81 203 44,215.43
1.51 PEP PEPSICO INC 2681511 163.33 249 40,669.17
1.44 LIN LINDE PLC BNZHB81 439.80 88 38,702.40
1.40 TMUS T-MOBILE US INC B94Q9V0 175.11 215 37,648.65
1.40 ADBE ADOBE INC 2008154 458.74 82 37,616.68
1.33 AMAT APPLIED MATERIALS INC 2046552 237.55 151 35,870.05
1.24 CSCO CISCO SYSTEMS INC 2198163 45.52 734 33,411.68
1.20 TXN TEXAS INSTRUMENTS INC 2885409 196.28 164 32,189.92
1.13 INTU INTUIT INC 2459020 594.62 51 30,325.62
1.08 AMGN AMGEN INC 2023607 298.50 97 28,954.50
1.06 MU MICRON TECHNOLOGY INC 2588184 143.14 200 28,628.00
1.01 ISRG INTUITIVE SURGICAL INC 2871301 422.90 64 27,065.60
1.00 CMCSA COMCAST CORP-CLASS A 2044545 37.58 718 26,982.44
0.93 LRCX LAM RESEARCH CORP 2502247 1,038.50 24 24,924.00
0.91 HON HONEYWELL INTL 2020459 208.63 118 24,618.34
0.87 INTC INTEL CORP 2463247 30.46 766 23,332.36
0.86 BKNG BOOKING HOLDINGS INC BDRXDB4 3,856.14 6 23,136.84
0.84 VRTX VERTEX PHARM 2931034 479.03 47 22,514.41
0.78 ADI ANALOG DEVICES INC 2032067 234.03 90 21,062.70
0.77 KLAC KLA CORP 2480138 830.03 25 20,750.75
0.76 REGN REGENERON PHARMACEUTICALS 2730190 1,026.55 20 20,531.00
0.70 PANW PALO ALTO NETWORKS INC B87ZMX0 319.66 59 18,859.94
0.67 PDD PDD HOLDINGS INC BYVW0F7 151.07 120 18,128.40
0.67 ADP AUTOMATIC DATA PROCESSING 2065308 242.87 74 17,972.38
0.63 ASML ASML HOLDING-NY B908F01 1,052.71 16 16,843.36
0.61 SBUX STARBUCKS CORP 2842255 80.24 205 16,449.20
0.61 SNPS SYNOPSYS INC 2867719 586.54 28 16,423.12
0.60 MDLZ MONDELEZ INTER-A B8CKK03 66.10 244 16,128.40
0.60 CRWD CROWDSTRIKE HO-A BJJP138 382.81 42 16,078.02
0.56 CDNS CADENCE DESIGN SYS INC 2302232 307.54 49 15,069.46
0.53 MELI MERCADOLIBRE INC B23X1H3 1,580.53 9 14,224.77
0.52 GILD GILEAD SCIENCES INC 2369174 62.79 225 14,127.75
0.47 MAR MARRIOTT INTL-A 2210614 240.47 53 12,744.91
0.47 NXPI NXP SEMICONDUCTORS NV B505PN7 275.47 46 12,671.62
0.47 CEG CONSTELLATION ENERGY BMH4FS1 219.93 57 12,536.01
0.46 CTAS CINTAS CORP 2197137 691.96 18 12,455.28
0.44 PYPL PAYPAL HOLDINGS INC BYW36M8 61.54 194 11,938.76
0.43 ABNB AIRBNB INC-CLASS A BMGYYH4 146.10 79 11,541.90
0.43 CSX CSX CORP 2160753 32.53 354 11,515.62
0.42 MRVL MARVELL TECHNOLOGY INC BNKJSM5 72.87 156 11,367.72
0.41 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 995.78 11 10,953.58
0.39 ROP ROPER TECHNOLOGIES INC 2749602 547.17 19 10,396.23
0.38 PCAR PACCAR INC 2665861 107.10 95 10,174.50
0.37 MRNA MODERNA INC BGSXTS3 145.23 69 10,020.87
0.34 CPRT COPART INC 2208073 53.06 173 9,179.38
0.34 MNST MONSTER BEVERAGE CORP BZ07BW4 48.72 188 9,159.36
0.34 MCHP MICROCHIP TECHNOLOGY INC 2592174 92.81 98 9,095.38
0.33 ROST ROSS STORES INC 2746711 145.65 61 8,884.65
0.32 KDP KEURIG DR PEPPER INC BD3W133 34.06 250 8,515.00
0.32 ADSK AUTODESK INC 2065159 223.10 38 8,477.80
0.31 AZN ASTRAZENECA PLC-SPONS ADR 2989044 79.53 105 8,350.65
0.31 AEP AMERICAN ELECTRIC POWER 2026242 87.90 95 8,350.50
0.31 FTNT FORTINET INC B5B2106 60.23 137 8,251.51
0.30 PAYX PAYCHEX INC 2674458 122.67 65 7,973.55
0.30 DXCM DEXCOM INC B0796X4 113.81 70 7,966.70
0.29 WDAY WORKDAY INC-CLASS A B8K6ZD1 207.08 38 7,869.04
0.29 TTD TRADE DESK INC-A BD8FDD1 95.62 82 7,840.84
0.29 DASH DOORDASH INC - A BN13P03 113.77 68 7,736.36
0.28 IDXX IDEXX LABORATORIES INC 2459202 506.12 15 7,591.80
0.27 CHTR CHARTER COMMUN-A BZ6VT82 274.17 26 7,128.42
0.26 KHC KRAFT HEINZ CO/THE BYRY499 32.54 218 7,093.72
0.25 VRSK VERISK ANALYTICS INC B4P9W92 261.85 26 6,808.10
0.25 FAST FASTENAL CO 2332262 64.29 104 6,686.16
0.24 DDOG DATADOG INC - CLASS A BKT9Y49 119.54 55 6,574.70
0.24 ODFL OLD DOMINION FREIGHT LINE 2656423 172.91 38 6,570.58
0.24 EA ELECTRONIC ARTS INC 2310194 135.87 48 6,521.76
0.24 LULU LULULEMON ATHLETICA INC B23FN39 307.49 21 6,457.29
0.24 EXC EXELON CORP 2670519 35.41 180 6,373.80
0.23 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 76.99 82 6,313.18
0.23 FANG DIAMONDBACK ENERGY INC B7Y8YR3 190.35 33 6,281.55
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 74.42 83 6,176.86
0.23 BIIB BIOGEN INC 2455965 233.84 26 6,079.84
0.22 CTSH COGNIZANT TECH-A 2257019 64.61 91 5,879.51
0.22 ON ON SEMICONDUCTOR 2583576 75.04 77 5,778.08
0.21 BKR BAKER HUGHES CO BDHLTQ5 31.63 180 5,693.40
0.21 CSGP COSTAR GROUP INC 2262864 75.20 74 5,564.80
0.20 XEL XCEL ENERGY INC 2614807 53.79 101 5,433.04
0.20 CDW CDW CORP/DE BBM5MD6 225.10 24 5,402.40
0.19 ANSS ANSYS INC 2045623 325.01 16 5,200.16
0.18 GFS GLOBALFOUNDRIES INC BMW7F63 48.61 101 4,909.61
0.18 ZS ZSCALER INC BZ00V34 181.05 27 4,888.35
0.18 TTWO TAKE-TWO INTERAC 2122117 157.72 30 4,731.60
0.16 TEAM ATLASSIAN CORP-CL A BQ1PC76 156.02 28 4,368.56
0.15 DLTR DOLLAR TREE INC 2272476 106.53 39 4,154.67
0.12 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.29 444 3,236.76
0.11 ILMN ILLUMINA INC 2613990 109.22 28 3,058.16
0.11 CASH 1.00 3,004 3,004.00
0.11 MDB MONGODB INC BF2FJ99 218.18 13 2,836.34
0.09 WBA WALGREENS BOOTS BTN1Y44 15.45 158 2,441.10
0.07 SIRI SIRIUS XM HOLDINGS INC BGLDK10 2.54 703 1,785.62
0.06 OTHER PAYABLE & RECEIVABLES 1.00 1,518 1,517.70
0.00 NQX US 06/21/24 P3220 1.16 7 8.12
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 06/13/24

Return on Equity 23.50%
Weighted Avg. Market Cap 1,155,190 M
2023 2024
Price-to-earnings 33.70 28.96
Price-to-book value 7.54 6.21

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.95
NASDAQ-100 0.85
MSCI EAFE 0.78
MSCI Emg. Mkts 0.66
Standard Deviation 20.10%

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 QTR to loss due to adverse occurrences that may affect that industry or sector. Investors in QTR should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

The Fund 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 strike price within a certain period or on a specific date. 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. QTR 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.