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 09/22/23

Inception Date 08/25/21
Total Expense Ratio 0.26%
Net Assets $1.39 million
NAV $23.21
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 09/21/23

Ticker QTR
Bloomberg Index Ticker NQTRI
CUSIP 37960A404
ISIN US37960A4040
Primary Exchange Nasdaq
Shares Outstanding 60,000
Number of Holdings 102
30-Day Median Bid-Ask Spread 0.42%

Distributions As of 09/22/23

30-Day SEC Yield 0.39%
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 09/22/23

NAV $23.21 Daily Change $0.02 0.09%
Market Price $23.18 Daily Change $0.00 0.00%

Performance History

As of recent
(06/30/23)
As of recent
(06/30/23)
Fund NAV Market Price Index
1 Year 21.40% 21.55% 21.49%
Since Inception -1.26% -1.31% -0.72%
1 Year 17.90% 17.84% 17.83%
Since Inception -0.36% -0.34% 0.11%
Year-to-Date 32.76% 33.16% 33.29%
1 Month 5.88% 6.12% 6.21%
3 Months 14.08% 14.15% 14.22%
Since Inception -2.32% -2.40% -1.33%
Year-to-Date 34.92% 35.50% 35.41%
1 Month -1.66% -1.38% -1.66%
3 Months 7.60% 7.98% 7.89%
Since Inception -0.73% -0.69% 0.23%

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 09/21/23

Nasdaq 100 Mini Price 2,938.85

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Reduced Value Put Option $1,175,539 2740 -6.77% 12/15/2023 85

Top Holdings As of 09/22/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.91 AAPL APPLE INC 2046251 174.79 869 151,892.51
9.40 MSFT MICROSOFT CORP 2588173 317.01 413 130,925.13
5.32 AMZN AMAZON.COM INC 2000019 129.12 574 74,114.88
4.09 NVDA NVIDIA CORP 2379504 416.10 137 57,005.70
3.72 META META PLATFORMS INC B7TL820 299.08 173 51,740.84
3.10 TSLA TESLA INC B616C79 244.88 176 43,098.88
3.09 GOOGL ALPHABET INC-CL A BYVY8G0 130.25 330 42,982.50
3.04 GOOG ALPHABET INC-CL C BYY88Y7 131.25 322 42,262.50
2.92 AVGO BROADCOM INC BDZ78H9 829.08 49 40,624.92
2.13 COST COSTCO WHOLESALE CORP 2701271 558.59 53 29,605.27
2.07 PEP PEPSICO INC 2681511 175.27 164 28,744.28
1.99 ADBE ADOBE INC 2008154 512.90 54 27,696.60
1.87 CSCO CISCO SYSTEMS INC 2198163 53.57 486 26,035.02
1.59 CMCSA COMCAST CORP-CLASS A 2044545 45.30 490 22,197.00
1.45 NFLX NETFLIX INC 2857817 379.81 53 20,129.93
1.40 TMUS T-MOBILE US INC B94Q9V0 139.35 140 19,509.00
1.33 AMD ADVANCED MICRO DEVICES 2007849 96.20 193 18,566.60
1.28 NQX US 12/15/23 P2740 4,470.00 4 17,880.00
1.24 TXN TEXAS INSTRUMENTS INC 2885409 160.31 108 17,313.48
1.23 AMGN AMGEN INC 2023607 267.70 64 17,132.80
1.23 INTC INTEL CORP 2463247 34.18 501 17,124.18
1.21 INTU INTUIT INC 2459020 508.57 33 16,782.81
1.08 HON HONEYWELL INTL 2020459 189.78 79 14,992.62
1.03 QCOM QUALCOMM INC 2714923 107.68 133 14,321.44
0.98 AMAT APPLIED MATERIALS INC 2046552 136.17 100 13,617.00
0.92 SBUX STARBUCKS CORP 2842255 93.68 136 12,740.48
0.88 BKNG BOOKING HOLDINGS INC BDRXDB4 3,062.54 4 12,250.16
0.87 ISRG INTUITIVE SURGICAL INC 2871301 288.20 42 12,104.40
0.84 ADP AUTOMATIC DATA PROCESSING 2065308 239.35 49 11,728.15
0.82 MDLZ MONDELEZ INTER-A B8CKK03 70.43 162 11,409.66
0.80 GILD GILEAD SCIENCES INC 2369174 75.01 148 11,101.48
0.78 VRTX VERTEX PHARM 2931034 349.53 31 10,835.43
0.77 REGN REGENERON PHARMACEUTICALS 2730190 824.84 13 10,722.92
0.74 ADI ANALOG DEVICES INC 2032067 175.48 59 10,353.32
0.71 LRCX LAM RESEARCH CORP 2502247 619.11 16 9,905.76
0.65 MU MICRON TECHNOLOGY INC 2588184 68.88 131 9,023.28
0.59 PANW PALO ALTO NETWORKS INC B87ZMX0 228.51 36 8,226.36
0.58 SNPS SYNOPSYS INC 2867719 446.85 18 8,043.30
0.58 CHTR CHARTER COMMUN-A BZ6VT82 445.21 18 8,013.78
0.55 MELI MERCADOLIBRE INC B23X1H3 1,276.96 6 7,661.76
0.55 PYPL PAYPAL HOLDINGS INC BYW36M8 57.88 131 7,582.28
0.54 CSX CSX CORP 2160753 31.20 239 7,456.80
0.53 PDD PDD HOLDINGS INC BYVW0F7 95.93 77 7,386.61
0.53 CDNS CADENCE DESIGN SYS INC 2302232 230.66 32 7,381.12
0.52 KLAC KLA CORP 2480138 451.82 16 7,229.12
0.49 MNST MONSTER BEVERAGE CORP BZ07BW4 54.52 126 6,869.52
0.49 MAR MARRIOTT INTL-A 2210614 194.36 35 6,802.60
0.48 ABNB AIRBNB INC-CLASS A BMGYYH4 132.20 51 6,742.20
0.47 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 936.02 7 6,552.14
0.44 NXPI NXP SEMICONDUCTORS NV B505PN7 196.79 31 6,100.49
0.44 CTAS CINTAS CORP 2197137 504.75 12 6,057.00
0.42 ASML ASML HOLDING-NY B908F01 587.10 10 5,871.00
0.41 WDAY WORKDAY INC-CLASS A B8K6ZD1 230.82 25 5,770.50
0.40 KDP KEURIG DR PEPPER INC BD3W133 33.12 166 5,497.92
0.39 FTNT FORTINET INC B5B2106 58.24 94 5,474.56
0.39 LULU LULULEMON ATHLETICA INC B23FN39 388.05 14 5,432.70
0.39 MRVL MARVELL TECHNOLOGY INC BNKJSM5 52.30 103 5,386.90
0.38 PCAR PACCAR INC 2665861 84.93 63 5,350.59
0.37 ODFL OLD DOMINION FREIGHT LINE 2656423 400.66 13 5,208.58
0.37 ADSK AUTODESK INC 2065159 204.04 25 5,101.00
0.36 KHC KRAFT HEINZ CO/THE BYRY499 34.16 147 5,021.52
0.36 MCHP MICROCHIP TECHNOLOGY INC 2592174 77.08 65 5,010.20
0.35 CPRT COPART INC 2208073 43.16 114 4,920.24
0.35 AEP AMERICAN ELECTRIC POWER 2026242 79.17 62 4,908.54
0.35 ON ON SEMICONDUCTOR 2583576 93.81 52 4,878.12
0.35 PAYX PAYCHEX INC 2674458 112.95 43 4,856.85
0.34 EXC EXELON CORP 2670519 40.21 119 4,784.99
0.34 SGEN SEAGEN INC BLPK4D2 213.70 22 4,701.40
0.34 AZN ASTRAZENECA PLC-SPONS ADR 2989044 67.83 69 4,680.27
0.33 MRNA MODERNA INC BGSXTS3 99.99 46 4,599.54
0.33 ROST ROSS STORES INC 2746711 111.66 41 4,578.06
0.32 CRWD CROWDSTRIKE HO-A BJJP138 162.57 27 4,389.39
0.32 BIIB BIOGEN INC 2455965 257.68 17 4,380.56
0.31 IDXX IDEXX LABORATORIES INC 2459202 435.69 10 4,356.90
0.31 BKR BAKER HUGHES CO BDHLTQ5 35.40 122 4,318.80
0.31 CTSH COGNIZANT TECH-A 2257019 69.61 61 4,246.21
0.30 CEG CONSTELLATION ENERGY BMH4FS1 110.36 38 4,193.68
0.30 VRSK VERISK ANALYTICS INC B4P9W92 241.95 17 4,113.15
0.29 TTD TRADE DESK INC-A BD8FDD1 76.35 53 4,046.55
0.29 DXCM DEXCOM INC B0796X4 87.50 46 4,025.00
0.28 XEL XCEL ENERGY INC 2614807 59.73 66 3,942.18
0.28 CSGP COSTAR GROUP INC 2262864 78.06 49 3,824.94
0.27 EA ELECTRONIC ARTS INC 2310194 119.00 32 3,808.00
0.27 GFS GLOBALFOUNDRIES INC BMW7F63 56.83 66 3,750.78
0.27 FAST FASTENAL CO 2332262 54.21 69 3,740.49
0.25 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 64.33 55 3,538.15
0.25 TEAM ATLASSIAN CORP-CL A BQ1PC76 195.46 18 3,518.28
0.23 WBD WARNER BROS DISCOVERY INC BM8JYX3 11.10 293 3,252.30
0.23 DDOG DATADOG INC - CLASS A BKT9Y49 88.76 36 3,195.36
0.23 FANG DIAMONDBACK ENERGY INC B7Y8YR3 150.57 21 3,161.97
0.22 ANSS ANSYS INC 2045623 302.91 10 3,029.10
0.20 EBAY EBAY INC 2293819 43.13 64 2,760.32
0.20 DLTR DOLLAR TREE INC 2272476 104.50 26 2,717.00
0.19 ALGN ALIGN TECHNOLOGY INC 2679204 298.56 9 2,687.04
0.19 ZS ZSCALER INC BZ00V34 151.71 17 2,579.07
0.18 ILMN ILLUMINA INC 2613990 132.44 19 2,516.36
0.16 WBA WALGREENS BOOTS BTN1Y44 21.12 104 2,196.48
0.15 ZM ZOOM VIDEO COM-A BGSP7M9 68.85 30 2,065.50
0.14 ENPH ENPHASE ENERGY INC B65SQW4 119.92 16 1,918.72
0.14 CASH 1.00 1,902 1,901.55
0.14 SIRI SIRIUS XM HOLDINGS INC BGLDK10 4.03 465 1,873.95
0.12 JD JD.COM INC-ADR BMM27D9 30.41 55 1,672.55
0.10 LCID LUCID GROUP INC BP0TR77 5.11 273 1,395.03
0.04 OTHER PAYABLE & RECEIVABLES 1.00 576 576.15
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 09/21/23

Return on Equity 25.30%
Weighted Avg. Market Cap 970,909 M
2022 2023
Price-to-earnings 27.92 25.73
Price-to-book value 7.13 6.00

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/23

Versus Beta
S&P 500 0.90
NASDAQ-100 0.80
MSCI EAFE 0.69
MSCI Emg. Mkts 0.57
Standard Deviation 20.80%

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.