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 12/13/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.95 million
NAV $32.73
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 12/12/24

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 0.33%

Distributions As of 12/13/24

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 12/13/24

NAV $32.73 Daily Change $0.25 0.77%
Market Price $32.67 Daily Change $0.15 0.46%

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 12/12/24

Nasdaq 100 Price 21,615.27 Nasdaq 100 Mini Price 216.15

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option $756,535 175 -19.04% 12/20/2024 8
Long NASDAQ Put Option $2,161,527 17750 -17.88% 12/20/2024 8

Top Holdings As of 12/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.80 AAPL APPLE INC 2046251 248.13 1,045 259,295.85
7.76 MSFT MICROSOFT CORP 2588173 447.27 511 228,554.97
7.69 NVDA NVIDIA CORP 2379504 134.25 1,686 226,345.50
6.28 AVGO BROADCOM INC BDZ78H9 224.80 823 185,010.40
5.57 AMZN AMAZON.COM INC 2000019 227.46 721 163,998.66
5.03 META META PLATFORMS INC B7TL820 619.85 239 148,144.15
4.92 TSLA TESLA INC B616C79 436.23 332 144,828.36
2.65 COST COSTCO WHOLESALE CORP 2701271 989.35 79 78,158.65
2.59 GOOGL ALPHABET INC-CL A BYVY8G0 189.82 402 76,307.64
2.50 GOOG ALPHABET INC-CL C BYY88Y7 191.38 384 73,489.92
2.37 NFLX NETFLIX INC 2857817 918.87 76 69,834.12
1.63 TMUS T-MOBILE US INC B94Q9V0 231.94 207 48,011.58
1.43 CSCO CISCO SYSTEMS INC 2198163 58.62 717 42,030.54
1.30 PEP PEPSICO INC 2681511 157.97 243 38,386.71
1.26 LIN LINDE PLC BNZHB81 435.30 85 37,000.50
1.25 ADBE ADOBE INC 2008154 465.69 79 36,789.51
1.24 AMD ADVANCED MICRO DEVICES 2007849 126.91 288 36,550.08
1.15 ISRG INTUITIVE SURGICAL INC 2871301 539.58 63 33,993.54
1.11 INTU INTUIT INC 2459020 656.45 50 32,822.50
1.07 QCOM QUALCOMM INC 2714923 158.53 198 31,388.94
1.07 BKNG BOOKING HOLDINGS INC BDRXDB4 5,227.61 6 31,365.66
1.05 TXN TEXAS INSTRUMENTS INC 2885409 191.59 162 31,037.58
0.93 CMCSA COMCAST CORP-CLASS A 2044545 39.92 687 27,425.04
0.89 HON HONEYWELL INTL 2020459 227.62 115 26,176.30
0.87 AMGN AMGEN INC 2023607 270.62 95 25,708.90
0.85 AMAT APPLIED MATERIALS INC 2046552 169.35 147 24,894.45
0.76 PANW PALO ALTO NETWORKS INC B87ZMX0 196.56 114 22,407.84
0.73 ADP AUTOMATIC DATA PROCESSING 2065308 296.76 72 21,366.72
0.72 VRTX VERTEX PHARM 2931034 463.73 46 21,331.58
0.69 GILD GILEAD SCIENCES INC 2369174 91.86 221 20,299.96
0.69 MU MICRON TECHNOLOGY INC 2588184 102.50 197 20,192.50
0.67 SBUX STARBUCKS CORP 2842255 97.42 201 19,581.42
0.65 ADI ANALOG DEVICES INC 2032067 216.61 88 19,061.68
0.63 MRVL MARVELL TECHNOLOGY INC BNKJSM5 120.77 153 18,477.81
0.60 LRCX LAM RESEARCH CORP BSML4N7 76.26 230 17,539.80
0.58 APP APPLOVIN CORP-CLASS A BMV3LG4 324.47 53 17,196.91
0.56 PYPL PAYPAL HOLDINGS INC BYW36M8 91.02 181 16,474.62
0.56 MELI MERCADOLIBRE INC B23X1H3 1,823.86 9 16,414.74
0.53 KLAC KLA CORP 2480138 653.76 24 15,690.24
0.52 INTC INTEL CORP 2463247 20.34 757 15,397.38
0.52 CTAS CINTAS CORP 2197137 211.22 72 15,207.84
0.51 CRWD CROWDSTRIKE HO-A BJJP138 368.02 41 15,088.82
0.51 CDNS CADENCE DESIGN SYS INC 2302232 306.75 49 15,030.75
0.50 MDLZ MONDELEZ INTER-A B8CKK03 61.93 237 14,677.41
0.49 MAR MARRIOTT INTL-A 2210614 287.08 50 14,354.00
0.47 REGN REGENERON PHARMACEUTICALS 2730190 731.30 19 13,894.70
0.47 SNPS SYNOPSYS INC 2867719 508.28 27 13,723.56
0.46 FTNT FORTINET INC B5B2106 97.95 137 13,419.15
0.46 CEG CONSTELLATION ENERGY BMH4FS1 239.07 56 13,387.92
0.43 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,270.60 10 12,706.00
0.42 ASML ASML HOLDING-NY B908F01 718.58 17 12,215.86
0.41 PDD PDD HOLDINGS INC BYVW0F7 102.27 119 12,170.13
0.40 DASH DOORDASH INC - A BN13P03 175.09 68 11,906.12
0.39 ADSK AUTODESK INC 2065159 303.77 38 11,543.26
0.39 CSX CSX CORP 2160753 33.24 342 11,368.08
0.36 TTD TRADE DESK INC-A BD8FDD1 132.42 80 10,593.60
0.36 CPRT COPART INC 2208073 61.23 173 10,592.79
0.35 WDAY WORKDAY INC-CLASS A B8K6ZD1 273.67 38 10,399.46
0.35 PCAR PACCAR INC 2665861 113.01 92 10,396.92
0.35 ABNB AIRBNB INC-CLASS A BMGYYH4 130.95 79 10,345.05
0.35 ROP ROPER TECHNOLOGIES INC 2749602 543.66 19 10,329.54
0.33 NXPI NXP SEMICONDUCTORS NV B505PN7 216.84 45 9,757.80
0.32 CHTR CHARTER COMMUN-A BZ6VT82 379.78 25 9,494.50
0.31 MNST MONSTER BEVERAGE CORP BZ07BW4 52.76 172 9,074.72
0.31 ROST ROSS STORES INC 2746711 153.53 59 9,058.27
0.30 PAYX PAYCHEX INC 2674458 140.98 63 8,881.74
0.30 AEP AMERICAN ELECTRIC POWER 2026242 92.71 95 8,807.45
0.29 FANG DIAMONDBACK ENERGY INC B7Y8YR3 163.34 53 8,657.02
0.29 DDOG DATADOG INC - CLASS A BKT9Y49 153.03 55 8,416.65
0.28 LULU LULULEMON ATHLETICA INC B23FN39 391.63 21 8,224.23
0.28 KDP KEURIG DR PEPPER INC BD3W133 33.55 245 8,219.75
0.27 FAST FASTENAL CO 2332262 78.47 101 7,925.47
0.27 TEAM ATLASSIAN CORP-CL A BQ1PC76 278.65 28 7,802.20
0.26 ODFL OLD DOMINION FREIGHT LINE 2656423 200.69 38 7,626.22
0.25 BKR BAKER HUGHES CO BDHLTQ5 42.15 175 7,376.25
0.25 EA ELECTRONIC ARTS INC 2310194 157.62 46 7,250.52
0.24 VRSK VERISK ANALYTICS INC B4P9W92 283.35 25 7,083.75
0.24 AZN ASTRAZENECA PLC-SPONS ADR 2989044 66.58 105 6,990.90
0.24 CTSH COGNIZANT TECH-A 2257019 80.06 87 6,965.22
0.24 KHC KRAFT HEINZ CO/THE BYRY499 31.69 218 6,908.42
0.23 XEL XCEL ENERGY INC 2614807 68.12 101 6,880.12
0.23 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 81.10 82 6,650.20
0.23 EXC EXELON CORP 2670519 36.87 180 6,636.60
0.22 CCEP COCA-COLA EUROPA BYQQ3P5 78.86 83 6,545.38
0.21 IDXX IDEXX LABORATORIES INC 2459202 432.10 14 6,049.40
0.19 MCHP MICROCHIP TECHNOLOGY INC 2592174 59.93 94 5,633.42
0.19 TTWO TAKE-TWO INTERAC 2122117 185.48 30 5,564.40
0.19 CSGP COSTAR GROUP INC 2262864 75.07 74 5,555.18
0.18 DXCM DEXCOM INC B0796X4 77.19 70 5,403.30
0.18 ZS ZSCALER INC BZ00V34 198.54 27 5,360.58
0.18 WBD WARNER BROS DISCOVERY INC BM8JYX3 12.07 444 5,359.08
0.17 ANSS ANSYS INC 2045623 340.24 15 5,103.60
0.17 ON ON SEMICONDUCTOR 2583576 65.96 77 5,078.92
0.15 GFS GLOBALFOUNDRIES INC BMW7F63 43.88 101 4,431.88
0.14 CDW CDW CORP/DE BBM5MD6 176.06 24 4,225.44
0.14 ILMN ILLUMINA INC 2613990 143.87 28 4,028.36
0.13 BIIB BIOGEN INC 2455965 150.03 26 3,900.78
0.12 SMCI SUPER MICRO COMPUTER INC BRC3N73 36.45 100 3,645.00
0.12 MDB MONGODB INC BF2FJ99 267.19 13 3,473.47
0.10 ARM ARM HOLDINGS PLC-ADR BNSP5P7 151.91 20 3,038.20
0.10 MRNA MODERNA INC BGSXTS3 41.83 69 2,886.27
0.05 CASH 1.00 1,504 1,503.91
0.05 OTHER PAYABLE & RECEIVABLES 1.00 1,327 1,327.12
0.01 NDX US 12/20/24 P17750 197.50 1 197.50
0.00 XND US 12/20/24 P175 3.12 35 109.20
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 12/12/24

Return on Equity 21.70%
Weighted Avg. Market Cap 1,055,900 M
2023 2024
Price-to-earnings 37.77 32.91
Price-to-book value 7.79 6.57

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.