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 12/10/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.89 million
NAV $32.11
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 12/10/24

Ticker QTR
Bloomberg Index Ticker NQTRI
CUSIP 37960A404
ISIN US37960A4040
Primary Exchange Nasdaq
Shares Outstanding 90,000
Number of Holdings 103
30-Day Median Bid-Ask Spread 0.32%

Distributions As of 12/10/24

30-Day SEC Yield 0.59%
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 12/10/24

NAV $32.11 Daily Change -$0.11 -0.34%
Market Price $32.10 Daily Change -$0.17 -0.53%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 31.66% 31.69% 31.97%
3 Years 8.87% 8.77% 9.38%
Since Inception 7.31% 7.29% 7.78%
1 Year 27.18% 27.49% 27.74%
3 Years 7.64% 7.55% 8.12%
Since Inception 8.09% 8.09% 8.55%
Year-to-Date 16.56% 16.66% 17.03%
1 Month 2.12% 2.12% 2.12%
3 Months 1.23% 1.07% 1.22%
Since Inception 24.48% 24.40% 26.17%
Year-to-Date 20.75% 20.93% 21.26%
1 Month 4.55% 4.49% 4.55%
3 Months 5.79% 5.86% 5.81%
Since Inception 28.95% 28.95% 30.74%

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 12/10/24

Nasdaq 100 Price 21,368.18 Nasdaq 100 Mini Price 213.68

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option $747,886 175 -18.10% 12/20/2024 10
Long NASDAQ Put Option $2,136,818 17750 -16.93% 12/20/2024 10

Top Holdings As of 12/10/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.96 AAPL APPLE INC 2046251 247.77 1,045 258,919.65
7.88 NVDA NVIDIA CORP 2379504 135.07 1,686 227,728.02
7.84 MSFT MICROSOFT CORP 2588173 443.33 511 226,541.63
5.62 AMZN AMAZON.COM INC 2000019 225.04 721 162,253.84
5.12 META META PLATFORMS INC B7TL820 619.32 239 148,017.48
4.89 AVGO BROADCOM INC BDZ78H9 171.81 823 141,399.63
4.61 TSLA TESLA INC B616C79 400.99 332 133,128.68
2.72 COST COSTCO WHOLESALE CORP 2701271 993.40 79 78,478.60
2.58 GOOGL ALPHABET INC-CL A BYVY8G0 185.17 402 74,438.34
2.48 GOOG ALPHABET INC-CL C BYY88Y7 186.53 384 71,627.52
2.40 NFLX NETFLIX INC 2857817 913.35 76 69,414.60
1.67 TMUS T-MOBILE US INC B94Q9V0 233.50 207 48,334.50
1.50 ADBE ADOBE INC 2008154 547.05 79 43,216.95
1.46 CSCO CISCO SYSTEMS INC 2198163 58.72 717 42,102.24
1.34 PEP PEPSICO INC 2681511 159.84 243 38,841.12
1.31 LIN LINDE PLC BNZHB81 444.81 85 37,808.85
1.27 AMD ADVANCED MICRO DEVICES 2007849 127.74 288 36,789.12
1.17 ISRG INTUITIVE SURGICAL INC 2871301 538.09 63 33,899.67
1.12 INTU INTUIT INC 2459020 647.07 50 32,353.50
1.08 BKNG BOOKING HOLDINGS INC BDRXDB4 5,185.33 6 31,111.98
1.07 QCOM QUALCOMM INC 2714923 156.46 198 30,979.08
1.07 TXN TEXAS INSTRUMENTS INC 2885409 190.18 162 30,809.16
0.94 CMCSA COMCAST CORP-CLASS A 2044545 39.53 687 27,157.11
0.91 HON HONEYWELL INTL 2020459 229.08 115 26,344.20
0.91 AMGN AMGEN INC 2023607 275.75 95 26,196.25
0.86 AMAT APPLIED MATERIALS INC 2046552 168.17 147 24,720.99
0.77 PANW PALO ALTO NETWORKS INC B87ZMX0 389.76 57 22,216.32
0.75 ADP AUTOMATIC DATA PROCESSING 2065308 302.23 72 21,760.56
0.75 VRTX VERTEX PHARM 2931034 469.22 46 21,584.12
0.71 GILD GILEAD SCIENCES INC 2369174 92.34 221 20,407.14
0.68 SBUX STARBUCKS CORP 2842255 98.16 201 19,730.16
0.67 MU MICRON TECHNOLOGY INC 2588184 98.10 197 19,325.70
0.66 ADI ANALOG DEVICES INC 2032067 215.61 88 18,973.68
0.60 LRCX LAM RESEARCH CORP BSML4N7 74.90 230 17,227.00
0.59 APP APPLOVIN CORP-CLASS A BMV3LG4 321.06 53 17,016.18
0.59 MELI MERCADOLIBRE INC B23X1H3 1,879.18 9 16,912.62
0.57 MRVL MARVELL TECHNOLOGY INC BNKJSM5 106.68 153 16,322.04
0.56 PYPL PAYPAL HOLDINGS INC BYW36M8 88.76 181 16,065.56
0.53 KLAC KLA CORP 2480138 641.87 24 15,404.88
0.53 INTC INTEL CORP 2463247 20.16 757 15,261.12
0.52 CTAS CINTAS CORP 2197137 210.14 72 15,130.08
0.51 CDNS CADENCE DESIGN SYS INC 2302232 302.86 49 14,840.14
0.51 REGN REGENERON PHARMACEUTICALS 2730190 778.50 19 14,791.50
0.51 MDLZ MONDELEZ INTER-A B8CKK03 61.75 237 14,634.75
0.50 MAR MARRIOTT INTL-A 2210614 287.67 50 14,383.50
0.49 CRWD CROWDSTRIKE HO-A BJJP138 346.78 41 14,217.78
0.47 SNPS SYNOPSYS INC 2867719 505.32 27 13,643.64
0.46 FTNT FORTINET INC B5B2106 97.13 137 13,306.81
0.45 CEG CONSTELLATION ENERGY BMH4FS1 232.34 56 13,011.04
0.44 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,266.35 10 12,663.50
0.43 PDD PDD HOLDINGS INC BYVW0F7 104.49 119 12,434.31
0.42 ASML ASML HOLDING-NY B908F01 705.27 17 11,989.59
0.41 DASH DOORDASH INC - A BN13P03 173.90 68 11,825.20
0.40 CSX CSX CORP 2160753 34.17 342 11,686.14
0.40 ADSK AUTODESK INC 2065159 303.99 38 11,551.62
0.38 ABNB AIRBNB INC-CLASS A BMGYYH4 138.30 79 10,925.70
0.37 CPRT COPART INC 2208073 61.52 173 10,642.96
0.37 PCAR PACCAR INC 2665861 115.37 92 10,614.04
0.37 TTD TRADE DESK INC-A BD8FDD1 132.66 80 10,612.80
0.36 ROP ROPER TECHNOLOGIES INC 2749602 549.47 19 10,439.93
0.36 WDAY WORKDAY INC-CLASS A B8K6ZD1 270.88 38 10,293.44
0.34 NXPI NXP SEMICONDUCTORS NV B505PN7 217.94 45 9,807.30
0.33 CHTR CHARTER COMMUN-A BZ6VT82 377.96 25 9,449.00
0.32 ROST ROSS STORES INC 2746711 155.77 59 9,190.43
0.32 MNST MONSTER BEVERAGE CORP BZ07BW4 53.01 172 9,117.72
0.31 AEP AMERICAN ELECTRIC POWER 2026242 95.10 95 9,034.50
0.31 PAYX PAYCHEX INC 2674458 142.39 63 8,970.57
0.30 FANG DIAMONDBACK ENERGY INC B7Y8YR3 163.15 53 8,646.95
0.30 DDOG DATADOG INC - CLASS A BKT9Y49 154.91 55 8,520.05
0.29 LULU LULULEMON ATHLETICA INC B23FN39 397.10 21 8,339.10
0.28 KDP KEURIG DR PEPPER INC BD3W133 33.52 245 8,212.40
0.28 FAST FASTENAL CO 2332262 79.77 101 8,056.77
0.27 ODFL OLD DOMINION FREIGHT LINE 2656423 205.09 38 7,793.42
0.26 EA ELECTRONIC ARTS INC 2310194 165.30 46 7,603.80
0.26 TEAM ATLASSIAN CORP-CL A BQ1PC76 266.45 28 7,460.60
0.25 BKR BAKER HUGHES CO BDHLTQ5 41.21 175 7,211.75
0.25 VRSK VERISK ANALYTICS INC B4P9W92 286.68 25 7,167.00
0.24 AZN ASTRAZENECA PLC-SPONS ADR 2989044 67.18 105 7,053.90
0.24 XEL XCEL ENERGY INC 2614807 69.15 101 6,984.15
0.24 CTSH COGNIZANT TECH-A 2257019 80.06 87 6,965.22
0.24 KHC KRAFT HEINZ CO/THE BYRY499 31.59 218 6,886.62
0.23 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 82.36 82 6,753.52
0.23 EXC EXELON CORP 2670519 37.32 180 6,717.60
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 79.24 83 6,576.92
0.22 IDXX IDEXX LABORATORIES INC 2459202 444.72 14 6,226.08
0.20 MCHP MICROCHIP TECHNOLOGY INC 2592174 61.92 94 5,820.48
0.20 CSGP COSTAR GROUP INC 2262864 76.43 74 5,655.82
0.19 TTWO TAKE-TWO INTERAC 2122117 185.36 30 5,560.80
0.19 DXCM DEXCOM INC B0796X4 79.41 70 5,558.70
0.19 ZS ZSCALER INC BZ00V34 201.39 27 5,437.53
0.18 ON ON SEMICONDUCTOR 2583576 66.34 77 5,108.18
0.18 ANSS ANSYS INC 2045623 339.70 15 5,095.50
0.17 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.89 444 4,835.16
0.15 GFS GLOBALFOUNDRIES INC BMW7F63 44.20 101 4,464.20
0.15 CDW CDW CORP/DE BBM5MD6 179.01 24 4,296.24
0.14 ILMN ILLUMINA INC 2613990 148.53 28 4,158.84
0.14 BIIB BIOGEN INC 2455965 156.32 26 4,064.32
0.14 SMCI SUPER MICRO COMPUTER INC BRC3N73 40.54 100 4,054.00
0.13 MDB MONGODB INC BF2FJ99 290.90 13 3,781.70
0.10 MRNA MODERNA INC BGSXTS3 41.51 69 2,864.19
0.10 ARM ARM HOLDINGS PLC-ADR BNSP5P7 137.29 20 2,745.80
0.06 OTHER PAYABLE & RECEIVABLES 1.00 1,779 1,779.24
0.02 CASH 1.00 701 701.30
0.01 NDX US 12/20/24 P17750 415.00 1 415.00
0.01 XND US 12/20/24 P175 8.13 35 284.55
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 12/10/24

Return on Equity 21.70%
Weighted Avg. Market Cap 1,055,900 M
2023 2024
Price-to-earnings 37.27 32.48
Price-to-book value 7.69 6.49

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 0.96
NASDAQ-100 0.85
MSCI EAFE 0.72
MSCI Emg. Mkts 0.62
Standard Deviation 19.20%

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.