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 07/26/24

Inception Date	08/25/21
Total Expense Ratio	0.25%
Net Assets	$2.62 million
NAV	$29.13
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 07/25/24

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 07/26/24

30-Day SEC Yield	0.55%
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 07/26/24

NAV	$29.13	Daily Change	$0.21	0.73%
Market Price	$29.10	Daily Change	$0.15	0.52%

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	25.88%	26.11%	26.33%
Since Inception	7.52%	7.56%	8.04%
1 Year	25.88%	26.11%	26.33%
Since Inception	7.52%	7.56%	8.04%
Year-to-Date	15.14%	15.43%	15.62%
1 Month	4.97%	5.96%	6.09%
3 Months	7.33%	7.32%	7.44%
Since Inception	22.96%	23.08%	24.65%
Year-to-Date	15.14%	15.43%	15.62%
1 Month	4.97%	5.96%	6.09%
3 Months	7.33%	7.32%	7.44%
Since Inception	22.96%	23.08%	24.65%

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.

Nasdaq 100 Price

18,830.60

Nasdaq 100 Mini Price

188.31

Downside Floor Details

Option Positions	Notional Exposure	Strike	Downside Before Floor	Expiration Date	Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option	$2,560,959	177	-6.00%	09/20/2024	57

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
8.88	AAPL	APPLE INC	2046251	217.96	1,068	232,781.28
8.40	MSFT	MICROSOFT CORP	2588173	425.27	518	220,289.86
7.39	NVDA	NVIDIA CORP	2379504	113.06	1,713	193,671.78
5.06	AMZN	AMAZON.COM INC	2000019	182.50	727	132,677.50
4.82	AVGO	BROADCOM INC	BDZ78H9	151.63	833	126,307.79
4.32	META	META PLATFORMS INC	B7TL820	465.70	243	113,165.10
2.83	TSLA	TESLA INC	B616C79	219.80	337	74,072.60
2.61	GOOGL	ALPHABET INC-CL A	BYVY8G0	167.00	410	68,470.00
2.52	GOOG	ALPHABET INC-CL C	BYY88Y7	168.68	392	66,122.56
2.50	COST	COSTCO WHOLESALE CORP	2701271	817.60	80	65,408.00
1.88	NFLX	NETFLIX INC	2857817	631.37	78	49,246.86
1.68	ADBE	ADOBE INC	2008154	542.44	81	43,937.64
1.63	PEP	PEPSICO INC	2681511	172.75	248	42,842.00
1.56	AMD	ADVANCED MICRO DEVICES	2007849	139.99	292	40,877.08
1.48	LIN	LINDE PLC	BNZHB81	451.39	86	38,819.54
1.41	TMUS	T-MOBILE US INC	B94Q9V0	175.53	210	36,861.30
1.38	QCOM	QUALCOMM INC	2714923	180.05	201	36,190.05
1.33	CSCO	CISCO SYSTEMS INC	2198163	47.88	727	34,808.76
1.26	TXN	TEXAS INSTRUMENTS INC	2885409	201.99	164	33,126.36
1.24	AMGN	AMGEN INC	2023607	334.85	97	32,480.45
1.21	INTU	INTUIT INC	2459020	633.36	50	31,668.00
1.17	AMAT	APPLIED MATERIALS INC	2046552	206.47	149	30,764.03
1.08	ISRG	INTUITIVE SURGICAL INC	2871301	441.30	64	28,243.20
1.07	CMCSA	COMCAST CORP-CLASS A	2044545	39.69	706	28,021.14
1.03		XND US 09/20/24 P177		197.50	136	26,860.00
0.92	INTC	INTEL CORP	2463247	31.35	766	24,014.10
0.91	HON	HONEYWELL INTL	2020459	202.74	118	23,923.32
0.89	VRTX	VERTEX PHARM	2931034	495.26	47	23,277.22
0.85	BKNG	BOOKING HOLDINGS INC	BDRXDB4	3,700.99	6	22,205.94
0.84	MU	MICRON TECHNOLOGY INC	2588184	109.41	200	21,882.00
0.79	LRCX	LAM RESEARCH CORP	2502247	894.64	23	20,576.72
0.78	REGN	REGENERON PHARMACEUTICALS	2730190	1,078.63	19	20,493.97
0.78	ADI	ANALOG DEVICES INC	2032067	226.43	90	20,378.70
0.72	PANW	PALO ALTO NETWORKS INC	B87ZMX0	326.81	58	18,954.98
0.72	KLAC	KLA CORP	2480138	787.39	24	18,897.36
0.71	ADP	AUTOMATIC DATA PROCESSING	2065308	252.67	74	18,697.58
0.66	GILD	GILEAD SCIENCES INC	2369174	77.01	225	17,327.25
0.61	MDLZ	MONDELEZ INTER-A	B8CKK03	66.42	242	16,073.64
0.60	PDD	PDD HOLDINGS INC	BYVW0F7	130.80	120	15,696.00
0.58	SNPS	SYNOPSYS INC	2867719	546.38	28	15,298.64
0.58	SBUX	STARBUCKS CORP	2842255	74.05	205	15,180.25
0.57	MELI	MERCADOLIBRE INC	B23X1H3	1,651.69	9	14,865.21
0.54	ASML	ASML HOLDING-NY	B908F01	886.73	16	14,187.73
0.52	CTAS	CINTAS CORP	2197137	761.39	18	13,705.02
0.48	CDNS	CADENCE DESIGN SYS INC	2302232	258.79	49	12,680.71
0.47	MAR	MARRIOTT INTL-A	2210614	236.60	52	12,303.20
0.46	CSX	CSX CORP	2160753	34.32	354	12,149.28
0.45	NXPI	NXP SEMICONDUCTORS NV	B505PN7	253.62	46	11,666.52
0.42	ORLY	O'REILLY AUTOMOTIVE INC	B65LWX6	1,110.31	10	11,103.10
0.42	ABNB	AIRBNB INC-CLASS A	BMGYYH4	140.10	79	11,067.90
0.42	PYPL	PAYPAL HOLDINGS INC	BYW36M8	58.29	189	11,016.81
0.41	CRWD	CROWDSTRIKE HO-A	BJJP138	256.16	42	10,758.72
0.40	ROP	ROPER TECHNOLOGIES INC	2749602	548.53	19	10,422.07
0.39	MRVL	MARVELL TECHNOLOGY INC	BNKJSM5	65.72	156	10,252.32
0.38	CEG	CONSTELLATION ENERGY	BMH4FS1	175.04	57	9,977.28
0.37	MNST	MONSTER BEVERAGE CORP	BZ07BW4	51.00	188	9,588.00
0.37	CHTR	CHARTER COMMUN-A	BZ6VT82	367.62	26	9,558.12
0.36	PCAR	PACCAR INC	2665861	99.24	95	9,427.80
0.35	AEP	AMERICAN ELECTRIC POWER	2026242	96.45	95	9,162.75
0.35	ADSK	AUTODESK INC	2065159	240.86	38	9,152.68
0.34	CPRT	COPART INC	2208073	51.05	173	8,831.65
0.33	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	228.64	38	8,688.32
0.33	ROST	ROSS STORES INC	2746711	140.91	61	8,595.51
0.33	MCHP	MICROCHIP TECHNOLOGY INC	2592174	86.83	98	8,509.34
0.32	MRNA	MODERNA INC	BGSXTS3	122.11	69	8,425.59
0.32	KDP	KEURIG DR PEPPER INC	BD3W133	33.74	245	8,266.30
0.31	AZN	ASTRAZENECA PLC-SPONS ADR	2989044	78.13	105	8,203.65
0.31	PAYX	PAYCHEX INC	2674458	125.75	65	8,173.75
0.30	FTNT	FORTINET INC	B5B2106	57.00	137	7,809.00
0.29	ODFL	OLD DOMINION FREIGHT LINE	2656423	202.93	38	7,711.34
0.28	TTD	TRADE DESK INC-A	BD8FDD1	92.43	80	7,394.40
0.28	FAST	FASTENAL CO	2332262	70.37	104	7,318.48
0.28	VRSK	VERISK ANALYTICS INC	B4P9W92	279.97	26	7,279.22
0.28	KHC	KRAFT HEINZ CO/THE	BYRY499	33.36	218	7,272.48
0.27	DASH	DOORDASH INC - A	BN13P03	104.74	68	7,122.32
0.27	SMCI	SUPER MICRO COMPUTER INC	B1VQR35	712.19	10	7,121.90
0.27	IDXX	IDEXX LABORATORIES INC	2459202	469.71	15	7,045.65
0.27	EA	ELECTRONIC ARTS INC	2310194	145.18	48	6,968.64
0.26	CTSH	COGNIZANT TECH-A	2257019	74.57	91	6,785.87
0.26	BKR	BAKER HUGHES CO	BDHLTQ5	37.65	180	6,777.00
0.25	EXC	EXELON CORP	2670519	36.75	180	6,615.00
0.25	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	80.50	82	6,601.00
0.25	DDOG	DATADOG INC - CLASS A	BKT9Y49	118.31	55	6,507.05
0.25	FANG	DIAMONDBACK ENERGY INC	B7Y8YR3	200.76	32	6,424.32
0.24	CCEP	COCA-COLA EUROPA	BYQQ3P5	74.29	83	6,166.07
0.22	CSGP	COSTAR GROUP INC	2262864	78.51	74	5,809.74
0.22	XEL	XCEL ENERGY INC	2614807	57.36	101	5,793.36
0.21	CDW	CDW CORP/DE	BBM5MD6	229.74	24	5,513.76
0.21	BIIB	BIOGEN INC	2455965	211.17	26	5,490.42
0.21	ON	ON SEMICONDUCTOR	2583576	70.17	77	5,403.09
0.20	LULU	LULULEMON ATHLETICA INC	B23FN39	253.50	21	5,323.50
0.20	GFS	GLOBALFOUNDRIES INC	BMW7F63	51.75	101	5,226.75
0.19	ANSS	ANSYS INC	2045623	312.26	16	4,996.16
0.19	TEAM	ATLASSIAN CORP-CL A	BQ1PC76	177.32	28	4,964.96
0.19	ZS	ZSCALER INC	BZ00V34	181.36	27	4,896.72
0.17	TTWO	TAKE-TWO INTERAC	2122117	150.75	30	4,522.35
0.17	DXCM	DEXCOM INC	B0796X4	64.00	70	4,480.00
0.16	DLTR	DOLLAR TREE INC	2272476	103.93	39	4,053.27
0.14	WBD	WARNER BROS DISCOVERY INC	BM8JYX3	8.31	444	3,689.64
0.13	ILMN	ILLUMINA INC	2613990	120.43	28	3,372.04
0.13	MDB	MONGODB INC	BF2FJ99	253.50	13	3,295.50
0.11	ARM	ARM HOLDINGS PLC-ADR	BNSP5P7	149.00	20	2,980.00
0.07		CASH		1.00	1,803	1,802.87
-0.01		OTHER PAYABLE & RECEIVABLES		1.00	-319	-319.38

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 07/25/24

Return on Equity	22.60%
Weighted Avg. Market Cap	1,044,220 M
	2023	2024
Price-to-earnings	32.70	27.96
Price-to-book value	6.96	5.80

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus	Beta
S&P 500	0.96
NASDAQ-100	0.85
MSCI EAFE	0.75
MSCI Emg. Mkts	0.67
Standard Deviation	20.10%

Source: new windowAltaVista Research, LLC

ETF Research

ETF Documents

Latest Premium / Discount As of 07/26/24

NAV	$29.13
Market Price	$29.10
Premium / (Discount)	($0.03)

Current View 2024 Q3 As of 07/26/24

Days at Premium	9
Days at NAV	0
Days at Discount	10
Greatest Premium	0.10%
Greatest Discount	-0.95%

Daily Premium / Discount History As of 07/26/24

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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.

QTR