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 07/01/22

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $1.99 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 07/01/22

Ticker QTR
Bloomberg Index Ticker NQTRI
CUSIP 37960A404
ISIN US37960A4040
Primary Exchange Nasdaq
Shares Outstanding 100,000
Number of Holdings 104
30-Day Median Bid-Ask Spread 0.55%

Distributions As of 07/01/22

30-Day SEC Yield 0.21%
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 07/01/22

NAV $19.89 Daily Change $0.08 0.41%
Market Price $19.89 Daily Change $0.12 0.61%

Performance History

As of recent
(03/31/22)
Fund NAV Market Price Index
Year-to-Date -9.32% -9.30% -9.52%
1 Month 2.17% 2.48% 1.62%
3 Months -9.32% -9.30% -9.52%
Since Inception -6.44% -6.28% -6.49%
Year-to-Date -21.23% -21.47% -21.37%
1 Month -3.00% -2.63% -2.92%
3 Months -11.25% -11.26% -11.69%
Since Inception -18.73% -18.85% -18.74%

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 07/01/22

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Long NASDAQ Put Option $1,158,568 10050 86.70% 09/16/2022 77
Long NASDAQ 100 Reduced Value Put Option $695,141 2010 86.70% 09/16/2022 77

Top Holdings As of 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
12.49 AAPL APPLE INC 2046251 138.93 1,788 248,406.84
10.78 MSFT MICROSOFT CORP 2588173 259.58 826 214,413.08
6.18 AMZN AMAZON.COM INC 2000019 109.56 1,123 123,035.88
3.91 TSLA TESLA INC B616C79 681.79 114 77,724.06
3.84 GOOG ALPHABET INC-CL C BYY88Y7 2,181.62 35 76,356.70
3.61 GOOGL ALPHABET INC-CL A BYVY8G0 2,174.75 33 71,766.75
3.05 META META PLATFORMS INC B7TL820 160.03 379 60,651.37
2.83 NVDA NVIDIA CORP 2379504 145.23 388 56,349.24
2.15 PEP PEPSICO INC 2681511 169.39 252 42,686.28
1.98 COST COSTCO WHOLESALE CORP 2701271 485.76 81 39,346.56
1.80 AVGO BROADCOM INC BDZ78H9 477.84 75 35,838.00
1.64 CMCSA COMCAST CORP-CLASS A 2044545 40.02 815 32,616.30
1.60 CSCO CISCO SYSTEMS INC 2198163 42.22 755 31,876.10
1.59 ADBE ADOBE INC 2008154 368.48 86 31,689.28
1.58 TMUS T-MOBILE US INC B94Q9V0 136.81 229 31,329.49
1.36 INTC INTEL CORP 2463247 36.34 745 27,073.30
1.27 QCOM QUALCOMM INC 2714923 123.53 204 25,200.12
1.25 TXN TEXAS INSTRUMENTS INC 2885409 148.54 168 24,954.72
1.20 AMGN AMGEN INC 2023607 245.55 97 23,818.35
1.09 AMD ADVANCED MICRO DEVICES 2007849 73.67 295 21,732.66
1.09 HON HONEYWELL INTL 2020459 175.11 124 21,713.64
1.07 NDX US 09/16/22 P10050 21,200.00 1 21,200.00
1.00 INTU INTUIT INC 2459020 388.31 51 19,803.81
0.83 SBUX STARBUCKS CORP 2842255 79.26 208 16,486.08
0.82 ADP AUTOMATIC DATA PROCESSING 2065308 213.23 76 16,205.48
0.81 MDLZ MONDELEZ INTER-A B8CKK03 63.34 253 16,025.02
0.75 PYPL PAYPAL HOLDINGS INC BYW36M8 71.40 210 14,994.00
0.75 CHTR CHARTER COMMUN-A BZ6VT82 480.92 31 14,908.52
0.72 NFLX NETFLIX INC 2857817 179.95 80 14,396.00
0.72 GILD GILEAD SCIENCES INC 2369174 62.36 229 14,280.44
0.69 AMAT APPLIED MATERIALS INC 2046552 86.27 159 13,716.93
0.68 ISRG INTUITIVE SURGICAL INC 2871301 206.10 66 13,602.60
0.68 ADI ANALOG DEVICES INC 2032067 142.91 95 13,576.45
0.66 VRTX VERTEX PHARM 2931034 287.32 46 13,216.72
0.65 NQX US 09/16/22 P2010 4,300.00 3 12,900.00
0.62 BKNG BOOKING HOLDINGS INC BDRXDB4 1,767.98 7 12,375.86
0.60 REGN REGENERON PHARMACEUTICALS 2730190 595.40 20 11,908.00
0.59 CSX CSX CORP 2160753 29.34 397 11,647.98
0.57 ATVI ACTIVISION BLIZZARD INC 2575818 78.57 143 11,235.51
0.56 FISV FISERV INC 2342034 92.58 120 11,109.60
0.56 MRNA MODERNA INC BGSXTS3 149.95 74 11,096.30
0.55 MU MICRON TECHNOLOGY INC 2588184 53.65 204 10,944.60
0.50 LRCX LAM RESEARCH CORP 2502247 394.83 25 9,870.75
0.48 KDP KEURIG DR PEPPER INC BD3W133 36.07 264 9,522.48
0.47 AEP AMERICAN ELECTRIC POWER 2026242 97.95 96 9,403.20
0.47 MNST MONSTER BEVERAGE CORP BZ07BW4 94.59 99 9,364.41
0.46 PANW PALO ALTO NETWORKS INC B87ZMX0 508.25 18 9,148.50
0.44 KHC KRAFT HEINZ CO/THE BYRY499 38.64 228 8,809.92
0.43 FTNT FORTINET INC B5B2106 57.37 150 8,605.50
0.43 MAR MARRIOTT INTL-A 2210614 139.18 61 8,489.98
0.42 SNPS SYNOPSYS INC 2867719 301.23 28 8,434.44
0.42 EXC EXELON CORP 2670519 46.07 183 8,430.81
0.40 KLAC KLA CORP 2480138 296.26 27 7,999.02
0.39 PAYX PAYCHEX INC 2674458 116.36 67 7,796.12
0.38 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 636.08 12 7,632.96
0.38 CDNS CADENCE DESIGN SYS INC 2302232 149.64 51 7,631.64
0.37 XEL XCEL ENERGY INC 2614807 72.63 101 7,335.63
0.36 ASML ASML HOLDING-NY B908F01 449.83 16 7,197.28
0.36 CRWD CROWDSTRIKE HO-A BJJP138 179.25 40 7,170.00
0.36 NXPI NXP SEMICONDUCTORS NV B505PN7 146.09 49 7,158.41
0.36 CTAS CINTAS CORP 2197137 376.71 19 7,157.49
0.36 AZN ASTRAZENECA PLC-SPONS ADR 2989044 65.95 108 7,122.60
0.35 ADSK AUTODESK INC 2065159 173.86 40 6,954.40
0.34 MRVL MARVELL TECHNOLOGY INC BNKJSM5 42.55 158 6,722.90
0.33 CTSH COGNIZANT TECH-A 2257019 68.03 97 6,598.91
0.33 DLTR DOLLAR TREE INC 2272476 156.27 42 6,563.34
0.33 ABNB AIRBNB INC-CLASS A BMGYYH4 91.41 71 6,490.11
0.32 EA ELECTRONIC ARTS INC 2310194 122.73 52 6,381.96
0.31 WBA WALGREENS BOOTS BTN1Y44 38.56 161 6,208.16
0.31 SGEN SEAGEN INC BLPK4D2 180.11 34 6,123.74
0.31 BIDU BAIDU INC - SPON ADR B0FXT17 151.49 40 6,059.60
0.30 LULU LULULEMON ATHLETICA INC B23FN39 263.38 23 6,057.74
0.30 MELI MERCADOLIBRE INC B23X1H3 659.95 9 5,939.55
0.30 JD JD.COM INC-ADR BMM27D9 65.95 90 5,935.50
0.29 MCHP MICROCHIP TECHNOLOGY INC 2592174 56.16 103 5,784.48
0.29 BIIB BIOGEN INC 2455965 210.63 27 5,687.01
0.29 DXCM DEXCOM INC B0796X4 77.63 73 5,666.99
0.28 ILMN ILLUMINA INC 2613990 191.04 29 5,540.16
0.27 PCAR PACCAR INC 2665861 82.89 65 5,387.85
0.27 IDXX IDEXX LABORATORIES INC 2459202 358.44 15 5,376.60
0.27 DDOG DATADOG INC - CLASS A BKT9Y49 101.05 53 5,355.65
0.27 TEAM ATLASSIAN CORP-A BZ09BD1 197.51 27 5,332.77
0.27 PDD PINDUODUO INC-ADR BYVW0F7 64.82 82 5,315.24
0.27 LCID LUCID GROUP INC BP0TR77 17.00 310 5,270.00
0.27 WDAY WORKDAY INC-CLASS A B8K6ZD1 142.35 37 5,266.95
0.26 ODFL OLD DOMINION FREIGHT LINE 2656423 261.01 20 5,220.20
0.26 ZM ZOOM VIDEO COM-A BGSP7M9 110.97 47 5,215.59
0.26 VRSK VERISK ANALYTICS INC B4P9W92 175.30 29 5,083.70
0.25 FAST FASTENAL CO 2332262 49.74 100 4,974.00
0.24 CPRT COPART INC 2208073 110.17 44 4,847.48
0.23 ROST ROSS STORES INC 2746711 71.38 65 4,639.70
0.23 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.21 732 4,545.72
0.21 EBAY EBAY INC 2293819 42.89 99 4,246.11
0.20 ZS ZSCALER INC BZ00V34 155.37 26 4,039.62
0.19 ANSS ANSYS INC 2045623 240.19 16 3,843.04
0.19 MTCH MATCH GROUP INC BK80XH9 71.49 53 3,788.97
0.19 ALGN ALIGN TECHNOLOGY INC 2679204 247.34 15 3,710.10
0.17 VRSN VERISIGN INC 2142922 170.81 20 3,416.20
0.16 CEG CONSTELLATION ENERGY BMH4FS1 57.60 56 3,225.60
0.15 NTES NETEASE INC-ADR 2606440 93.47 31 2,897.57
0.13 OKTA OKTA INC BDFZSP1 95.98 26 2,495.48
0.13 SPLK SPLUNK INC B424494 91.96 27 2,482.92
0.12 SWKS SKYWORKS SOLUTIONS INC 2961053 91.12 27 2,460.24
0.10 DOCU DOCUSIGN INC BFYT7B7 61.22 33 2,020.26
0.09 CASH 1.00 1,830 1,830.46
Holdings are subject to change.

ETF Characteristics As of 07/01/22

Return on Equity 25.30%
Weighted Avg. Market Cap 770,980 M
2021 2022
Price-to-earnings 22.10 21.43
Price-to-book value 6.00 4.94

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.

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