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 12/01/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $1.59 million
NAV $19.89
Fact Sheet

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 12/01/22

Ticker QTR
Bloomberg Index Ticker NQTRI
CUSIP 37960A404
ISIN US37960A4040
Primary Exchange Nasdaq
Shares Outstanding 80,000
Number of Holdings 104
30-Day Median Bid-Ask Spread 0.87%

Distributions As of 12/01/22

30-Day SEC Yield 0.40%
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 12/01/22

NAV $19.89 Daily Change $0.01 0.03%
Market Price $19.91 Daily Change $0.06 0.31%

Performance History

As of recent
(09/30/22)
As of recent
(09/30/22)
Fund NAV Market Price Index
1 Year -20.71% -20.84% -19.80%
Since Inception -21.66% -21.62% -20.86%
1 Year -23.90% -23.76% -23.07%
Since Inception -19.38% -19.20% -18.66%
Year-to-Date -25.87% -25.95% -25.17%
1 Month -9.17% -9.20% -9.08%
3 Months -4.95% -4.70% -4.78%
Since Inception -23.52% -23.48% -22.66%
Year-to-Date -24.89% -24.81% -24.22%
1 Month 1.33% 1.54% 1.27%
3 Months -12.92% -12.53% -12.75%
Since Inception -22.51% -22.30% -21.68%

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
Long NASDAQ Put Option $1,204,189 10575 87.80% 12/16/2022 15
Long NASDAQ 100 Reduced Value Put Option $240,838 2110 87.60% 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 1,390 206,150.90
10.32 MSFT MICROSOFT CORP 2588173 254.69 645 164,275.05
5.29 AMZN AMAZON.COM INC 2000019 95.50 881 84,135.50
3.39 GOOG ALPHABET INC-CL C BYY88Y7 101.28 532 53,880.96
3.29 GOOGL ALPHABET INC-CL A BYVY8G0 100.99 518 52,312.82
3.28 TSLA TESLA INC B616C79 194.70 268 52,179.60
3.25 NVDA NVIDIA CORP 2379504 171.35 302 51,747.70
2.30 PEP PEPSICO INC 2681511 185.90 197 36,622.30
2.23 META META PLATFORMS INC B7TL820 120.44 295 35,529.80
2.03 COST COSTCO WHOLESALE CORP 2701271 503.86 64 32,247.04
2.01 AVGO BROADCOM INC BDZ78H9 550.75 58 31,943.50
1.86 CSCO CISCO SYSTEMS INC 2198163 49.97 593 29,632.21
1.73 TMUS T-MOBILE US INC B94Q9V0 151.81 181 27,477.61
1.46 TXN TEXAS INSTRUMENTS INC 2885409 177.50 131 23,252.50
1.45 ADBE ADOBE INC 2008154 344.11 67 23,055.37
1.44 CMCSA COMCAST CORP-CLASS A 2044545 36.28 630 22,856.40
1.38 AMGN AMGEN INC 2023607 285.94 77 22,017.38
1.31 HON HONEYWELL INTL 2020459 217.39 96 20,869.44
1.28 QCOM QUALCOMM INC 2714923 126.81 161 20,416.41
1.28 NFLX NETFLIX INC 2857817 316.95 64 20,284.80
1.13 AMD ADVANCED MICRO DEVICES 2007849 77.48 231 17,897.90
1.10 INTC INTEL CORP 2463247 29.83 586 17,480.38
1.08 SBUX STARBUCKS CORP 2842255 103.37 166 17,159.42
1.05 INTU INTUIT INC 2459020 416.07 40 16,642.80
1.01 ADP AUTOMATIC DATA PROCESSING 2065308 267.95 60 16,077.00
0.99 GILD GILEAD SCIENCES INC 2369174 87.90 180 15,822.00
0.90 ISRG INTUITIVE SURGICAL INC 2871301 274.49 52 14,273.48
0.83 MDLZ MONDELEZ INTER-A B8CKK03 68.09 195 13,277.55
0.83 AMAT APPLIED MATERIALS INC 2046552 107.01 123 13,162.23
0.81 PYPL PAYPAL HOLDINGS INC BYW36M8 78.53 165 12,957.45
0.79 ADI ANALOG DEVICES INC 2032067 170.72 74 12,633.28
0.78 BKNG BOOKING HOLDINGS INC BDRXDB4 2,060.29 6 12,361.74
0.73 VRTX VERTEX PHARM 2931034 320.76 36 11,547.36
0.72 REGN REGENERON PHARMACEUTICALS 2730190 761.24 15 11,418.60
0.64 MRNA MODERNA INC BGSXTS3 181.48 56 10,162.88
0.63 CSX CSX CORP 2160753 32.68 305 9,967.40
0.61 FISV FISERV INC 2342034 105.03 92 9,662.76
0.58 LRCX LAM RESEARCH CORP 2502247 463.14 20 9,262.80
0.56 CHTR CHARTER COMMUN-A BZ6VT82 389.16 23 8,950.68
0.54 MU MICRON TECHNOLOGY INC 2588184 55.49 156 8,656.44
0.54 ATVI ACTIVISION BLIZZARD INC 2575818 75.19 115 8,646.85
0.50 SNPS SYNOPSYS INC 2867719 357.84 22 7,872.48
0.49 PANW PALO ALTO NETWORKS INC B87ZMX0 178.40 44 7,849.60
0.49 MNST MONSTER BEVERAGE CORP BZ07BW4 103.25 76 7,847.00
0.49 KDP KEURIG DR PEPPER INC BD3W133 38.71 202 7,819.42
0.49 KLAC KLA CORP 2480138 390.73 20 7,814.60
0.49 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 857.18 9 7,714.62
0.48 MAR MARRIOTT INTL-A 2210614 165.19 46 7,598.74
0.46 ASML ASML HOLDING-NY B908F01 611.26 12 7,335.12
0.44 AEP AMERICAN ELECTRIC POWER 2026242 96.48 73 7,043.04
0.44 CTAS CINTAS CORP 2197137 462.45 15 6,936.75
0.43 CDNS CADENCE DESIGN SYS INC 2302232 176.78 39 6,894.42
0.43 LULU LULULEMON ATHLETICA INC B23FN39 381.82 18 6,872.76
0.43 KHC KRAFT HEINZ CO/THE BYRY499 39.49 173 6,831.77
0.41 MELI MERCADOLIBRE INC B23X1H3 941.01 7 6,587.07
0.41 PAYX PAYCHEX INC 2674458 125.90 52 6,546.80
0.41 DXCM DEXCOM INC B0796X4 118.03 55 6,491.65
0.40 NXPI NXP SEMICONDUCTORS NV B505PN7 173.44 37 6,417.28
0.40 BIIB BIOGEN INC 2455965 301.85 21 6,338.85
0.39 ADSK AUTODESK INC 2065159 206.93 30 6,207.90
0.39 FTNT FORTINET INC B5B2106 55.38 112 6,202.56
0.39 MCHP MICROCHIP TECHNOLOGY INC 2592174 78.32 79 6,187.28
0.38 EXC EXELON CORP 2670519 41.53 147 6,104.91
0.38 ENPH ENPHASE ENERGY INC B65SQW4 314.00 19 5,966.00
0.37 ROST ROSS STORES INC 2746711 117.98 50 5,899.00
0.37 AZN ASTRAZENECA PLC-SPONS ADR 2989044 68.34 86 5,877.24
0.36 ABNB AIRBNB INC-CLASS A BMGYYH4 101.27 57 5,772.39
0.36 XEL XCEL ENERGY INC 2614807 70.19 81 5,685.39
0.35 MRVL MARVELL TECHNOLOGY INC BNKJSM5 45.40 122 5,538.80
0.35 PDD PINDUODUO INC-ADR BYVW0F7 83.74 66 5,526.84
0.34 WBA WALGREENS BOOTS BTN1Y44 41.31 129 5,328.99
0.33 PCAR PACCAR INC 2665861 105.95 50 5,297.50
0.33 IDXX IDEXX LABORATORIES INC 2459202 439.17 12 5,270.04
0.32 EA ELECTRONIC ARTS INC 2310194 131.62 39 5,133.18
0.32 ILMN ILLUMINA INC 2613990 220.86 23 5,079.78
0.31 WDAY WORKDAY INC-CLASS A B8K6ZD1 169.48 29 4,914.92
0.30 ODFL OLD DOMINION FREIGHT LINE 2656423 300.89 16 4,814.24
0.30 DLTR DOLLAR TREE INC 2272476 149.72 32 4,791.04
0.29 CTSH COGNIZANT TECH-A 2257019 62.62 74 4,633.88
0.29 CPRT COPART INC 2208073 67.67 68 4,601.56
0.27 VRSK VERISK ANALYTICS INC B4P9W92 186.14 23 4,281.22
0.26 CEG CONSTELLATION ENERGY BMH4FS1 94.47 44 4,156.68
0.26 FAST FASTENAL CO 2332262 51.56 80 4,124.80
0.25 JD JD.COM INC-ADR BMM27D9 55.85 72 4,021.20
0.24 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.41 592 3,794.72
0.23 CRWD CROWDSTRIKE HO-A BJJP138 124.07 30 3,722.10
0.22 EBAY EBAY INC 2293819 45.16 79 3,567.64
0.21 SGEN SEAGEN INC BLPK4D2 121.02 28 3,388.56
0.21 DDOG DATADOG INC - CLASS A BKT9Y49 77.97 43 3,352.71
0.21 VRSN VERISIGN INC 2142922 204.57 16 3,273.12
0.20 ANSS ANSYS INC 2045623 259.61 12 3,115.32
0.19 TEAM ATLASSIAN CORP -CLASS A BQ1PC76 140.06 21 2,941.26
0.18 ZS ZSCALER INC BZ00V34 144.50 20 2,890.00
0.18 ZM ZOOM VIDEO COM-A BGSP7M9 77.43 37 2,864.91
0.18 BIDU BAIDU INC - SPON ADR B0FXT17 108.67 26 2,825.42
0.15 LCID LUCID GROUP INC BP0TR77 9.83 250 2,457.50
0.14 ALGN ALIGN TECHNOLOGY INC 2679204 201.77 11 2,219.47
0.14 MTCH MATCH GROUP INC BK80XH9 49.96 43 2,148.28
0.13 SWKS SKYWORKS SOLUTIONS INC 2961053 94.97 21 1,994.37
0.12 SPLK SPLUNK INC B424494 91.49 21 1,921.29
0.11 NTES NETEASE INC-ADR 2606440 68.25 25 1,706.25
0.10 CASH 1.00 1,626 1,626.22
0.08 DOCU DOCUSIGN INC BFYT7B7 48.29 25 1,207.25
0.06 NDX US 12/16/22 P10575 995.00 1 995.00
0.01 NQX US 12/16/22 P2110 212.50 1 212.50
Holdings are subject to change.

ETF Characteristics As of 12/01/22

Return on Equity 24.10%
Weighted Avg. Market Cap 773,467 M
2021 2022
Price-to-earnings 22.70 23.65
Price-to-book value 6.30 5.22

Source: AltaVista Research, LLC

ETF Risk Stats As of 11/30/22

Versus Beta
S&P 500 0.79
MSCI EAFE 0.67
MSCI Emg. Mkts 0.46
Standard Deviation 20.30%

Source: AltaVista 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.

Back to Top