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XCLR

S&P 500 Collar 95-110 ETF

Invest in XCLR
Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider XCLR

Growth Potential

XCLR enables investors to participate in the growth of the S&P 500, up to approximately 10% from the selling of the call to the options' expiration in three months.

Manage Risk

By employing a collar strategy, XCLR aims to lessen drawdowns to approximately -5% from the purchase of the put to the options’ expiration in three months, potentially reducing systematic risk and equity volatility within a strategic allocation.

Efficient Options Execution

XCLR buys put options and sells call options on the S&P 500, saving investors the time and potential expense of doing so individually.

Key Information As of 03/23/23

Inception Date 08/25/21
Total Expense Ratio 0.60%
Net Assets $3.87 million
NAV $24.17
Fact Sheet

ETF Summary

The Global X S&P 500 Collar 95-110 ETF (XCLR) employs a collar strategy for investors seeking range-bound equity returns. XCLR seeks to achieve this outcome by owning the stocks in the S&P 500 Index (SPX), while buying 5% out-of-the-money (OTM) put options1 on SPX, and selling 10% OTM call options on the same index.

ETF Objective

The Global X S&P 500 Collar 95-110 ETF (XCLR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 3-Month Collar 95-110 Index.

Trading Details As of 03/23/23

Ticker XCLR
Bloomberg Index Ticker CLL3M
CUSIP 37960A305
ISIN US37960A3059
Primary Exchange NYSE Arca
Shares Outstanding 160,000
Number of Holdings 508
30-Day Median Bid-Ask Spread 0.33%

Distributions As of 03/23/23

30-Day SEC Yield 1.10%
Distribution Frequency Semi-Annually
 Distribution History

1An 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; an out-of-the-money call option conveys the right, but not the obligation, to buy an underlying asset at a strike price above that underlying asset’s market price (learn more)

ETF Prices As of 03/23/23

NAV $24.17 Daily Change $0.07 0.29%
Market Price $24.15 Daily Change $0.03 0.12%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -12.58% -12.95% -12.42%
Since Inception -7.57% -7.68% -7.19%
1 Year -4.67% -4.63% -4.42%
Since Inception -5.50% -5.45% -5.10%
Year-to-Date -12.58% -12.95% -12.42%
1 Month -5.69% -5.74% -5.65%
3 Months 1.69% 1.35% 1.69%
Since Inception -10.08% -10.23% -9.59%
Year-to-Date 2.09% 2.35% 2.18%
1 Month -1.97% -1.73% -1.92%
3 Months -3.72% -3.52% -3.59%
Since Inception -8.20% -8.13% -7.61%

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 03/23/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$3,553,848 4320 91.40% 06/16/2023 85
Long S&P 500 Put Option $3,553,848 3725 94.30% 06/16/2023 85
Short S&P 500 Mini Call Option -$236,923 430 91.80% 06/16/2023 85
Long S&P 500 Mini Put Option $236,923 373 94.50% 06/16/2023 85

Top Holdings As of 03/23/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.06 AAPL APPLE INC 2046251 158.93 1,717 272,882.81
6.17 MSFT MICROSOFT CORP 2588173 277.66 859 238,509.94
2.63 AMZN AMAZON.COM INC 2000019 98.71 1,029 101,572.59
2.00 NVDA NVIDIA CORP 2379504 271.91 284 77,222.44
1.88 GOOGL ALPHABET INC-CL A BYVY8G0 105.60 687 72,547.20
1.86 SPX US 06/16/23 P3725 8,000.00 9 72,000.00
1.65 GOOG ALPHABET INC-CL C BYY88Y7 106.26 599 63,649.74
1.61 BRK/B BERKSHIRE HATH-B 2073390 298.37 208 62,060.96
1.54 TSLA TESLA INC B616C79 192.22 310 59,588.20
1.36 META META PLATFORMS INC B7TL820 204.28 257 52,499.96
1.31 UNH UNITEDHEALTH GROUP INC 2917766 469.91 108 50,750.28
1.27 XOM EXXON MOBIL CORP 2326618 103.41 475 49,119.75
1.18 JNJ JOHNSON & JOHNSON 2475833 151.13 301 45,490.13
1.11 JPM JPMORGAN CHASE & CO 2190385 126.84 338 42,871.92
1.08 V VISA INC-CLASS A SHARES B2PZN04 222.59 187 41,624.33
1.01 PG PROCTER & GAMBLE CO/THE 2704407 143.79 272 39,110.88
0.89 MA MASTERCARD INC - A B121557 354.37 97 34,373.89
0.86 HD HOME DEPOT INC 2434209 283.91 117 33,217.47
0.82 ABBV ABBVIE INC B92SR70 155.30 204 31,681.20
0.82 CVX CHEVRON CORP 2838555 154.52 205 31,676.60
0.79 AVGO BROADCOM INC BDZ78H9 639.23 48 30,683.04
0.79 MRK MERCK & CO. INC. 2778844 104.23 292 30,435.16
0.78 LLY ELI LILLY & CO 2516152 332.64 91 30,270.24
0.72 PEP PEPSICO INC 2681511 175.65 159 27,928.35
0.69 KO COCA-COLA CO/THE 2206657 59.92 448 26,844.16
0.67 PFE PFIZER INC 2684703 40.18 646 25,956.28
0.65 TMO THERMO FISHER 2886907 555.19 45 24,983.55
0.64 COST COSTCO WHOLESALE CORP 2701271 487.76 51 24,875.76
0.61 CSCO CISCO SYSTEMS INC 2198163 49.73 473 23,522.29
0.59 MCD MCDONALD'S CORP 2550707 269.62 84 22,648.08
0.59 WMT WALMART INC 2936921 140.65 161 22,644.65
0.57 CRM SALESFORCE INC 2310525 187.44 117 21,930.48
0.56 BAC BANK OF AMERICA CORP 2295677 26.97 803 21,656.91
0.52 DIS WALT DISNEY CO/THE 2270726 95.83 210 20,124.30
0.51 ACN ACCENTURE PLC-CL A B4BNMY3 271.66 72 19,559.52
0.51 ADBE ADOBE INC 2008154 369.00 53 19,557.00
0.50 ABT ABBOTT LABORATORIES 2002305 97.04 201 19,505.04
0.50 LIN LINDE PLC BNZHB81 341.33 57 19,455.81
0.49 TXN TEXAS INSTRUMENTS INC 2885409 180.28 104 18,749.12
0.48 AMD ADVANCED MICRO DEVICES 2007849 100.28 185 18,551.80
0.48 DHR DANAHER CORP 2250870 246.93 75 18,519.75
0.47 VZ VERIZON COMMUNIC 2090571 37.37 483 18,049.71
0.45 CMCSA COMCAST CORP-CLASS A 2044545 35.97 484 17,409.48
0.45 NKE NIKE INC -CL B 2640147 120.97 143 17,298.71
0.44 NEE NEXTERA ENERGY INC 2328915 73.81 232 17,123.92
0.43 NFLX NETFLIX INC 2857817 320.37 52 16,659.24
0.42 BMY BRISTOL-MYERS SQUIBB CO 2126335 66.98 244 16,343.12
0.42 RTX RAYTHEON TECHNOL BM5M5Y3 96.00 168 16,128.00
0.42 PM PHILIP MORRIS IN B2PKRQ3 90.27 178 16,068.06
0.42 WFC WELLS FARGO & CO 2649100 36.61 438 16,035.18
0.41 UPS UNITED PARCEL-B 2517382 185.29 86 15,934.94
0.41 QCOM QUALCOMM INC 2714923 124.15 128 15,891.20
0.41 ORCL ORACLE CORP 2661568 87.78 179 15,712.62
0.40 T AT&T INC 2831811 18.46 839 15,487.94
0.38 HON HONEYWELL INTL 2020459 186.92 79 14,766.68
0.37 AMGN AMGEN INC 2023607 233.10 62 14,452.20
0.37 INTU INTUIT INC 2459020 432.49 33 14,272.17
0.36 INTC INTEL CORP 2463247 29.03 481 13,963.43
0.35 COP CONOCOPHILLIPS 2685717 96.42 141 13,595.22
0.35 CAT CATERPILLAR INC 2180201 219.44 61 13,385.84
0.34 SBUX STARBUCKS CORP 2842255 98.42 134 13,188.28
0.34 LOW LOWE'S COS INC 2536763 189.69 69 13,088.61
0.34 IBM IBM 2005973 123.37 106 13,077.22
0.34 UNP UNION PACIFIC CORP 2914734 186.20 70 13,034.00
0.34 SPGI S&P GLOBAL INC BYV2325 332.25 39 12,957.75
0.33 MS MORGAN STANLEY 2262314 85.84 150 12,876.00
0.33 BA BOEING CO/THE 2108601 197.90 65 12,863.50
0.33 GS GOLDMAN SACHS GROUP INC 2407966 314.85 40 12,594.00
0.32 ELV ELEVANCE HEALTH INC BSPHGL4 446.30 28 12,496.40
0.32 PLD PROLOGIS INC B44WZD7 114.15 108 12,328.20
0.32 LMT LOCKHEED MARTIN CORP 2522096 467.90 26 12,165.40
0.31 DE DEERE & CO 2261203 391.85 31 12,147.35
0.31 MDT MEDTRONIC PLC BTN1Y11 77.57 156 12,100.92
0.31 AMAT APPLIED MATERIALS INC 2046552 122.78 97 11,909.66
0.30 GE GENERAL ELECTRIC CO BL59CR9 91.59 127 11,631.93
0.30 GILD GILEAD SCIENCES INC 2369174 78.76 146 11,498.96
0.30 AXP AMERICAN EXPRESS CO 2026082 162.76 70 11,393.20
0.29 BLK BLACKROCK INC 2494504 651.78 17 11,080.26
0.28 ADI ANALOG DEVICES INC 2032067 189.45 58 10,988.10
0.28 MDLZ MONDELEZ INTER-A B8CKK03 67.20 161 10,819.20
0.28 SYK STRYKER CORP 2853688 274.28 39 10,696.92
0.28 CVS CVS HEALTH CORP 2577609 72.37 147 10,638.39
0.27 AMT AMERICAN TOWER CORP B7FBFL2 191.62 54 10,347.48
0.27 ADP AUTOMATIC DATA PROCESSING 2065308 213.62 48 10,253.76
0.26 BKNG BOOKING HOLDINGS INC BDRXDB4 2,538.76 4 10,155.04
0.26 NOW SERVICENOW INC B80NXX8 440.47 23 10,130.81
0.26 TJX TJX COMPANIES INC 2989301 74.63 135 10,075.05
0.26 ISRG INTUITIVE SURGICAL INC 2871301 244.47 41 10,023.27
0.26 C CITIGROUP INC 2297907 43.45 227 9,863.15
0.25 TMUS T-MOBILE US INC B94Q9V0 142.30 69 9,818.70
0.25 REGN REGENERON PHARMACEUTICALS 2730190 802.16 12 9,625.92
0.24 PYPL PAYPAL HOLDINGS INC BYW36M8 72.56 130 9,432.80
0.24 SCHW SCHWAB (CHARLES) CORP 2779397 52.89 178 9,414.42
0.24 PGR PROGRESSIVE CORP 2705024 137.83 68 9,372.44
0.24 MMC MARSH & MCLENNAN COS 2567741 158.65 58 9,201.70
0.24 VRTX VERTEX PHARM 2931034 304.75 30 9,142.50
0.24 CB CHUBB LTD B3BQMF6 186.01 49 9,114.49
0.23 MO ALTRIA GROUP INC 2692632 43.46 208 9,039.68
0.23 CI THE CIGNA GROUP BHJ0775 256.58 34 8,723.72
0.23 ZTS ZOETIS INC B95WG16 161.24 54 8,706.96
0.22 LRCX LAM RESEARCH CORP 2502247 523.59 16 8,377.44
0.21 SO SOUTHERN CO/THE 2829601 66.34 125 8,292.50
0.21 TGT TARGET CORP 2259101 156.12 53 8,274.36
0.21 DUK DUKE ENERGY CORP B7VD3F2 91.55 89 8,147.95
0.21 FISV FISERV INC 2342034 111.10 73 8,110.30
0.21 BSX BOSTON SCIENTIFIC CORP 2113434 47.94 166 7,958.04
0.20 BDX BECTON DICKINSON AND CO 2087807 236.38 33 7,800.54
0.20 MU MICRON TECHNOLOGY INC 2588184 61.34 125 7,667.50
0.20 ETN EATON CORP PLC B8KQN82 164.54 46 7,568.84
0.20 NOC NORTHROP GRUMMAN CORP 2648806 444.44 17 7,555.48
0.19 SLB SCHLUMBERGER LTD 2779201 45.48 164 7,458.72
0.19 ITW ILLINOIS TOOL WORKS 2457552 231.28 32 7,400.96
0.19 CME CME GROUP INC 2965839 180.03 41 7,381.23
0.19 EQIX EQUINIX INC BVLZX12 666.37 11 7,330.07
0.19 AON AON PLC-CLASS A BLP1HW5 302.99 24 7,271.76
0.19 EOG EOG RESOURCES INC 2318024 104.78 69 7,229.82
0.18 CSX CSX CORP 2160753 28.08 250 7,020.00
0.18 CASH 1.00 6,976 6,975.61
0.18 APD AIR PRODS & CHEM 2011602 266.94 26 6,940.44
0.18 CL COLGATE-PALMOLIVE CO 2209106 71.83 96 6,895.68
0.18 HUM HUMANA INC 2445063 491.35 14 6,878.90
0.17 CDNS CADENCE DESIGN SYS INC 2302232 207.00 32 6,624.00
0.17 ATVI ACTIVISION BLIZZARD INC 2575818 79.68 83 6,613.44
0.17 MMM 3M CO 2595708 101.00 65 6,565.00
0.17 MPC MARATHON PETROLEUM CORP B3K3L40 126.15 52 6,559.80
0.17 WM WASTE MANAGEMENT INC 2937667 150.70 43 6,480.10
0.17 SNPS SYNOPSYS INC 2867719 379.40 17 6,449.80
0.17 EL ESTEE LAUDER 2320524 238.72 27 6,445.44
0.16 HCA HCA HEALTHCARE INC B4MGBG6 252.77 25 6,319.25
0.16 ICE INTERCONTINENTAL BFSSDS9 96.53 65 6,274.45
0.16 FCX FREEPORT-MCMORAN INC 2352118 37.79 165 6,235.35
0.16 KLAC KLA CORP 2480138 388.81 16 6,220.96
0.16 CCI Crown Castle Inc BTGQCX1 123.75 50 6,187.50
0.15 VLO VALERO ENERGY CORP 2041364 130.38 45 5,867.10
0.15 PNC PNC FINANCIAL SE 2692665 122.13 47 5,740.11
0.15 EW EDWARDS LIFESCIENCES CORP 2567116 79.55 72 5,727.60
0.15 GD GENERAL DYNAMICS CORP 2365161 220.11 26 5,722.86
0.15 MRNA MODERNA INC BGSXTS3 149.42 38 5,677.96
0.15 EMR EMERSON ELECTRIC CO 2313405 83.10 68 5,650.80
0.15 SHW SHERWIN-WILLIAMS CO/THE 2804211 209.06 27 5,644.62
0.15 FDX FEDEX CORP 2142784 216.92 26 5,639.92
0.15 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 801.38 7 5,609.66
0.14 GIS GENERAL MILLS INC 2367026 82.15 68 5,586.20
0.14 USB US BANCORP 2736035 35.06 158 5,539.48
0.14 GM GENERAL MOTORS CO B665KZ5 33.74 164 5,533.36
0.14 NXPI NXP SEMICONDUCTORS NV B505PN7 182.04 30 5,461.20
0.14 NSC NORFOLK SOUTHERN CORP 2641894 199.42 27 5,384.34
0.14 MCK MCKESSON CORP 2378534 335.83 16 5,373.28
0.14 PSA PUBLIC STORAGE 2852533 282.24 19 5,362.56
0.14 APH AMPHENOL CORP-CL A 2145084 78.38 68 5,329.84
0.14 PXD PIONEER NATURAL 2690830 189.18 28 5,297.04
0.14 D DOMINION ENERGY INC 2542049 52.22 101 5,274.22
0.14 DG DOLLAR GENERAL CORP B5B1S13 202.85 26 5,274.10
0.14 MCHP MICROCHIP TECHNOLOGY INC 2592174 82.30 64 5,267.20
0.14 ADSK AUTODESK INC 2065159 201.14 26 5,229.64
0.14 MCO MOODY'S CORP 2252058 290.37 18 5,226.66
0.13 PH PARKER HANNIFIN CORP 2671501 320.42 16 5,126.72
0.13 AEP AMERICAN ELECTRIC POWER 2026242 85.41 60 5,124.60
0.13 ROP ROPER TECHNOLOGIES INC 2749602 425.05 12 5,100.60
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 268.16 19 5,095.04
0.13 F FORD MOTOR CO 2615468 11.42 445 5,081.90
0.13 FTNT FORTINET INC B5B2106 63.25 80 5,060.00
0.13 PSX PHILLIPS 66 B78C4Y8 93.54 54 5,051.16
0.13 DXCM DEXCOM INC B0796X4 114.50 44 5,038.00
0.13 OXY OCCIDENTAL PETROLEUM CORP 2655408 58.48 86 5,029.28
0.13 SRE SEMPRA ENERGY 2138158 139.69 36 5,028.84
0.13 TFC TRUIST FINANCIAL CORP BKP7287 32.57 153 4,983.21
0.13 KMB KIMBERLY-CLARK CORP 2491839 127.37 39 4,967.43
0.13 MAR MARRIOTT INTL-A 2210614 159.98 31 4,959.38
0.13 MSCI MSCI INC B2972D2 546.96 9 4,922.64
0.13 ANET ARISTA NETWORKS INC BN33VM5 169.39 29 4,912.31
0.13 XSP US 06/16/23 P373 817.00 6 4,902.00
0.13 CMG CHIPOTLE MEXICAN B0X7DZ3 1,632.53 3 4,897.59
0.12 ADM ARCHER-DANIELS-MIDLAND CO 2047317 75.13 64 4,808.32
0.12 IDXX IDEXX LABORATORIES INC 2459202 478.74 10 4,787.40
0.12 TT TRANE TECHNOLOGIES PLC BK9ZQ96 182.91 26 4,755.66
0.12 JCI JOHNSON CONTROLS BY7QL61 58.71 80 4,696.80
0.12 AZO AUTOZONE INC 2065955 2,307.82 2 4,615.64
0.12 ECL ECOLAB INC 2304227 157.04 29 4,554.16
0.12 CTVA CORTEVA INC BK73B42 56.81 80 4,544.80
0.12 TEL TE CONNECTIVITY LTD B62B7C3 125.15 36 4,505.40
0.12 MNST MONSTER BEVERAGE CORP BZ07BW4 102.39 44 4,505.16
0.12 A AGILENT TECHNOLOGIES INC 2520153 131.13 34 4,458.42
0.12 O REALTY INCOME CORP 2724193 59.27 75 4,445.25
0.11 TRV TRAVELERS COS INC/THE 2769503 163.86 27 4,424.22
0.11 MTD METTLER-TOLEDO 2126249 1,451.10 3 4,353.30
0.11 MET METLIFE INC 2573209 54.30 80 4,344.00
0.11 HLT HILTON WORLDWIDE BYVMW06 135.67 32 4,341.44
0.11 CTAS CINTAS CORP 2197137 433.15 10 4,331.50
0.11 SYY SYSCO CORP 2868165 73.23 59 4,320.57
0.11 EXC EXELON CORP 2670519 39.20 110 4,312.00
0.11 NEM NEWMONT CORP 2636607 47.79 90 4,301.10
0.11 CARR CARRIER GLOBAL CORP BK4N0D7 44.30 97 4,297.10
0.11 NUE NUCOR CORP 2651086 148.00 29 4,292.00
0.11 BIIB BIOGEN INC 2455965 265.17 16 4,242.72
0.11 AJG ARTHUR J GALLAGHER & CO 2359506 184.44 23 4,242.12
0.11 TDG TRANSDIGM GROUP INC B11FJK3 701.25 6 4,207.50
0.11 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 190.78 22 4,197.16
0.11 DOW DOW INC BHXCF84 51.65 80 4,132.00
0.11 CNC CENTENE CORP 2807061 62.58 66 4,130.28
0.11 CHTR CHARTER COMMUN-A BZ6VT82 342.17 12 4,106.04
0.11 YUM YUM! BRANDS INC 2098876 127.68 32 4,085.76
0.11 XEL XCEL ENERGY INC 2614807 63.31 64 4,051.84
0.10 AIG AMERICAN INTERNA 2027342 47.16 85 4,008.60
0.10 AFL AFLAC INC 2026361 62.53 64 4,001.92
0.10 PCAR PACCAR INC 2665861 69.81 57 3,979.17
0.10 ON ON SEMICONDUCTOR 2583576 80.97 49 3,967.53
0.10 ROST ROSS STORES INC 2746711 101.63 39 3,963.57
0.10 IQV IQVIA HOLDINGS INC BDR73G1 188.00 21 3,948.00
0.10 KMI KINDER MORGAN INC B3NQ4P8 16.39 239 3,917.21
0.10 WMB WILLIAMS COS INC 2967181 28.30 138 3,905.40
0.10 ILMN ILLUMINA INC 2613990 216.95 18 3,905.10
0.10 HSY HERSHEY CO/THE 2422806 243.98 16 3,903.68
0.10 ROK ROCKWELL AUTOMATION INC 2754060 278.42 14 3,897.88
0.10 PAYX PAYCHEX INC 2674458 107.88 36 3,883.68
0.10 KR KROGER CO 2497406 48.52 80 3,881.60
0.10 AME AMETEK INC 2089212 138.35 28 3,873.80
0.10 STZ CONSTELLATION-A 2170473 214.99 18 3,869.82
0.10 COF CAPITAL ONE FINA 2654461 89.91 43 3,866.13
0.10 HES HESS CORP 2023748 120.56 32 3,857.92
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 80.28 48 3,853.44
0.10 SPG SIMON PROPERTY GROUP INC 2812452 102.38 37 3,788.06
0.10 WELL WELLTOWER INC BYVYHH4 65.76 57 3,748.32
0.10 EA ELECTRONIC ARTS INC 2310194 116.04 32 3,713.28
0.10 VICI VICI PROPERTIES INC BYWH073 30.06 123 3,697.38
0.10 DHI DR HORTON INC 2250687 96.28 38 3,658.64
0.09 VRSK VERISK ANALYTICS INC B4P9W92 181.82 20 3,636.40
0.09 WBD WARNER BROS DISCOVERY INC BM8JYX3 14.53 250 3,632.50
0.09 CMI CUMMINS INC 2240202 226.19 16 3,619.04
0.09 DVN DEVON ENERGY CORP 2480677 46.72 77 3,597.44
0.09 ED CONSOLIDATED EDISON INC 2216850 91.73 39 3,577.47
0.09 AMP AMERIPRISE FINANCIAL INC B0J7D57 297.16 12 3,565.92
0.09 DD DUPONT DE NEMOURS INC BK0VN47 68.36 52 3,554.72
0.09 CTSH COGNIZANT TECH-A 2257019 58.16 61 3,547.76
0.09 BK BANK NY MELLON B1Z77F6 43.24 82 3,545.68
0.09 APTV APTIV PLC B783TY6 107.70 32 3,446.40
0.09 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 156.44 22 3,441.68
0.09 URI UNITED RENTALS INC 2134781 382.18 9 3,439.62
0.09 CPRT COPART INC 2208073 71.23 48 3,419.04
0.09 KHC KRAFT HEINZ CO/THE BYRY499 37.42 91 3,405.22
0.09 FIS FIDELITY NATIONA 2769796 49.97 68 3,397.96
0.09 ALL ALLSTATE CORP 2019952 105.58 32 3,378.56
0.09 ZBH ZIMMER BIOMET HO 2783815 124.96 27 3,373.92
0.09 RMD RESMED INC 2732903 210.59 16 3,369.44
0.09 PPG PPG INDUSTRIES INC 2698470 123.51 27 3,334.77
0.09 GWW WW GRAINGER INC 2380863 665.38 5 3,326.90
0.09 PRU PRUDENTIAL FINANCIAL INC 2819118 77.23 43 3,320.89
0.09 FAST FASTENAL CO 2332262 51.74 64 3,311.36
0.09 LEN LENNAR CORP-A 2511920 103.37 32 3,307.84
0.09 ODFL OLD DOMINION FREIGHT LINE 2656423 329.50 10 3,295.00
0.09 ENPH ENPHASE ENERGY INC B65SQW4 204.66 16 3,274.56
0.08 DLTR DOLLAR TREE INC 2272476 135.46 24 3,251.04
0.08 WEC WEC ENERGY GROUP INC BYY8XK8 89.93 36 3,237.48
0.08 HAL HALLIBURTON CO 2405302 29.42 109 3,206.78
0.08 KDP KEURIG DR PEPPER INC BD3W133 34.11 94 3,206.34
0.08 BKR BAKER HUGHES CO BDHLTQ5 26.73 119 3,180.87
0.08 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 75.71 42 3,179.84
0.08 PEG PUB SERV ENTERP 2707677 56.74 56 3,177.44
0.08 GPN GLOBAL PAYMENTS INC 2712013 98.44 32 3,150.08
0.08 ANSS ANSYS INC 2045623 314.65 10 3,146.50
0.08 AWK AMERICAN WATER W B2R3PV1 136.72 23 3,144.56
0.08 ULTA ULTA BEAUTY INC B28TS42 515.74 6 3,094.44
0.08 IT GARTNER INC 2372763 308.54 10 3,085.40
0.08 PCG P G & E CORP 2689560 15.29 200 3,058.00
0.08 CDW CDW CORP/DE BBM5MD6 191.10 16 3,057.60
0.08 ALB ALBEMARLE CORP 2046853 215.64 14 3,018.96
0.08 DFS DISCOVER FINANCI B1YLC43 93.57 32 2,994.24
0.08 DLR DIGITAL REALTY TRUST INC B03GQS4 93.51 32 2,992.32
0.08 WST WEST PHARMACEUT 2950482 331.85 9 2,986.65
0.08 CSGP COSTAR GROUP INC 2262864 65.85 45 2,963.25
0.08 SBAC SBA COMMUNICATIONS CORP BZ6TS23 246.90 12 2,962.80
0.08 ACGL ARCH CAPITAL GROUP LTD 2740542 65.60 45 2,952.00
0.08 RSG REPUBLIC SERVICES INC 2262530 127.96 23 2,943.08
0.08 WTW WILLIS TOWERS WATSON PLC BDB6Q21 226.19 13 2,940.47
0.07 ABC AMERISOURCEBERGEN CORP 2795393 150.93 19 2,867.67
0.07 HPQ HP INC BYX4D52 27.72 103 2,855.16
0.07 EIX EDISON INTERNATIONAL 2829515 66.04 43 2,839.72
0.07 STT STATE STREET CORP 2842040 72.69 39 2,834.91
0.07 OKE ONEOK INC 2130109 58.64 48 2,814.72
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 126.63 22 2,785.86
0.07 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 85.74 32 2,743.68
0.07 TROW T ROWE PRICE GROUP INC 2702337 108.85 25 2,721.25
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 226.61 12 2,719.32
0.07 ES EVERSOURCE ENERGY BVVN4Q8 73.25 37 2,710.25
0.07 IFF INTL FLAVORS & FRAGRANCES 2464165 83.51 32 2,672.32
0.07 MLM MARTIN MARIETTA MATERIALS 2572079 333.45 8 2,667.60
0.07 FTV FORTIVE CORP BYT3MK1 64.53 41 2,645.73
0.07 IR INGERSOLL-RAND INC BL5GZ82 54.95 48 2,637.60
0.07 VMC VULCAN MATERIALS CO 2931205 164.50 16 2,632.00
0.07 CHD CHURCH & DWIGHT CO INC 2195841 84.32 31 2,613.92
0.07 GLW CORNING INC 2224701 32.66 80 2,612.80
0.07 ETR ENTERGY CORP 2317087 100.35 26 2,609.10
0.07 EBAY EBAY INC 2293819 42.45 61 2,589.45
0.07 WBA WALGREENS BOOTS BTN1Y44 32.33 80 2,586.40
0.07 AEE AMEREN CORPORATION 2050832 80.61 32 2,579.52
0.07 CEG CONSTELLATION ENERGY BMH4FS1 73.40 35 2,569.00
0.07 DTE DTE ENERGY COMPANY 2280220 102.66 25 2,566.50
0.07 MPWR MONOLITHIC POWER B01Z7J1 510.50 5 2,552.50
0.07 EFX EQUIFAX INC 2319146 195.83 13 2,545.79
0.07 PWR QUANTA SERVICES INC 2150204 158.97 16 2,543.52
0.07 DAL DELTA AIR LINES INC B1W9D46 32.14 78 2,506.92
0.06 PODD INSULET CORP B1XGNW4 311.49 8 2,491.92
0.06 ALGN ALIGN TECHNOLOGY INC 2679204 311.48 8 2,491.84
0.06 CLX CLOROX COMPANY 2204026 154.61 16 2,473.76
0.06 GPC GENUINE PARTS CO 2367480 154.29 16 2,468.64
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 154.07 16 2,465.12
0.06 HIG HARTFORD FINL SV 2476193 65.79 37 2,434.23
0.06 FE FIRSTENERGY CORP 2100920 37.75 64 2,416.00
0.06 CBRE CBRE GROUP INC - A B6WVMH3 68.91 35 2,411.85
0.06 EQR EQUITY RESIDENTIAL 2319157 54.80 44 2,411.09
0.06 DRI DARDEN RESTAURANTS INC 2289874 150.52 16 2,408.32
0.06 EXR EXTRA SPACE STORAGE INC B02HWR9 149.27 16 2,388.32
0.06 STE STERIS PLC BFY8C75 181.42 13 2,358.46
0.06 FSLR FIRST SOLAR INC B1HMF22 210.19 11 2,312.09
0.06 WY WEYERHAEUSER CO 2958936 28.30 80 2,264.00
0.06 DOV DOVER CORP 2278407 140.53 16 2,248.48
0.06 NTRS NORTHERN TRUST CORP 2648668 83.22 27 2,246.94
0.06 TTWO TAKE-TWO INTERAC 2122117 117.48 19 2,232.12
0.06 CAH CARDINAL HEALTH INC 2175672 69.01 32 2,208.32
0.06 VRSN VERISIGN INC 2142922 200.62 11 2,206.82
0.06 VTR VENTAS INC 2927925 41.69 52 2,167.88
0.06 STLD STEEL DYNAMICS INC 2849472 107.50 20 2,150.00
0.06 LH LABORATORY CP 2586122 214.65 10 2,146.50
0.06 XYL XYLEM INC B3P2CN8 97.23 22 2,139.06
0.06 MTB M & T BANK CORP 2340168 112.37 19 2,135.03
0.06 CTRA COTERRA ENERGY INC 2162340 23.10 92 2,125.20
0.06 HOLX HOLOGIC INC 2433530 78.53 27 2,120.31
0.05 BAX BAXTER INTERNATIONAL INC 2085102 38.12 55 2,096.60
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 418.32 5 2,091.60
0.05 WAT WATERS CORP 2937689 298.17 7 2,087.19
0.05 PPL PPL CORP 2680905 25.91 80 2,072.80
0.05 K KELLOGG CO 2486813 64.60 32 2,067.20
0.05 HPE HEWLETT PACKA BYVYWS0 14.27 144 2,054.88
0.05 FICO FAIR ISAAC CORP 2330299 680.85 3 2,042.55
0.05 SEDG SOLAREDGE TECHNO BWC52Q6 291.54 7 2,040.78
0.05 OMC OMNICOM GROUP 2279303 88.63 23 2,038.49
0.05 FITB FIFTH THIRD BANCORP 2336747 25.34 80 2,027.20
0.05 EPAM EPAM SYSTEMS INC B44Z3T8 284.45 7 1,991.15
0.05 SJM JM SMUCKER CO/THE 2951452 151.09 13 1,964.17
0.05 IEX IDEX CORP 2456612 218.00 9 1,962.00
0.05 HWM HOWMET AEROSPACE INC BKLJ8V2 40.19 48 1,929.12
0.05 MKC MCCORMICK-N/V 2550161 71.20 27 1,922.40
0.05 RJF RAYMOND JAMES 2718992 91.31 21 1,917.51
0.05 WAB WABTEC CORP 2955733 95.49 20 1,909.80
0.05 LUV SOUTHWEST AIRLINES CO 2831543 29.62 64 1,895.68
0.05 NDAQ NASDAQ INC 2965107 52.49 36 1,889.64
0.05 FMC FMC CORP 2328603 116.96 16 1,871.36
0.05 AVY AVERY DENNISON CORP 2066408 169.63 11 1,865.93
0.05 INVH INVITATION HOMES INC BD81GW9 28.68 65 1,864.20
0.05 SWKS SKYWORKS SOLUTIONS INC 2961053 116.36 16 1,861.76
0.05 ARE ALEXANDRIA REAL 2009210 116.06 16 1,856.96
0.05 CMS CMS ENERGY CORP 2219224 57.96 32 1,854.72
0.05 INCY INCYTE CORP 2471950 72.26 25 1,806.50
0.05 TRGP TARGA RESOURCES CORP B55PZY3 66.85 27 1,804.95
0.05 MRO MARATHON OIL CORP 2910970 22.00 82 1,804.00
0.05 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 199.76 9 1,797.84
0.05 TSN TYSON FOODS INC-CL A 2909730 56.08 32 1,794.56
0.05 CFG CITIZENS FINANCIAL GROUP BQRX1X3 29.89 60 1,793.40
0.05 BBY BEST BUY CO INC 2094670 74.59 24 1,790.16
0.05 J JACOBS SOLUTIONS INC BNGC0D3 111.68 16 1,786.88
0.05 PFG PRINCIPAL FINANCIAL GROUP 2803014 71.26 25 1,781.50
0.05 ETSY ETSY INC BWTN5N1 110.09 16 1,761.44
0.05 DGX QUEST DIAGNOSTICS INC 2702791 135.39 13 1,760.07
0.05 AMCR AMCOR PLC BJ1F307 10.84 162 1,756.08
0.05 CAG CONAGRA BRANDS INC 2215460 36.57 48 1,755.36
0.05 PKI PERKINELMER INC 2305844 125.10 14 1,751.40
0.05 LVS LAS VEGAS SANDS CORP B02T2J7 54.73 32 1,751.36
0.05 CNP CENTERPOINT ENERGY INC 2440637 27.32 64 1,748.48
0.05 COO COOPER COS INC/THE 2222631 344.96 5 1,724.80
0.05 TER TERADYNE INC 2884183 107.61 16 1,721.76
0.04 RF REGIONS FINANCIAL CORP B01R311 17.53 98 1,717.94
0.04 LKQ LKQ CORP 2971029 53.57 32 1,714.24
0.04 HBAN HUNTINGTON BANCSHARES INC 2445966 10.68 160 1,708.80
0.04 ATO ATMOS ENERGY CORP 2315359 106.52 16 1,704.32
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 105.98 16 1,695.68
0.04 IPG INTERPUBLIC GRP 2466321 35.03 48 1,681.44
0.04 BALL BALL CORP 2073022 52.53 32 1,680.96
0.04 CF CF INDUSTRIES HO B0G4K50 70.00 24 1,680.00
0.04 MAA MID-AMERICA APAR 2589132 139.99 12 1,679.88
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 104.56 16 1,672.96
0.04 RCL ROYAL CARIBBEAN 2754907 61.75 27 1,667.25
0.04 NTAP NETAPP INC 2630643 61.53 27 1,661.31
0.04 BR BROADRIDGE FINL B1VP7R6 137.86 12 1,654.32
0.04 IP INTERNATIONAL PAPER CO 2465254 34.11 48 1,637.28
0.04 PAYC PAYCOM SOFTWARE INC BL95MY0 272.32 6 1,633.92
0.04 LNT ALLIANT ENERGY CORP 2973821 50.04 32 1,601.28
0.04 BG BUNGE LTD 2788713 93.54 17 1,590.18
0.04 IRM IRON MOUNTAIN INC BVFTF03 49.54 32 1,585.28
0.04 MOH MOLINA HEALTHCARE INC 2212706 263.68 6 1,582.08
0.04 LW LAMB WESTON HOLDINGS INC BDQZFJ3 98.78 16 1,580.48
0.04 DPZ DOMINO'S PIZZA INC B01SD70 315.43 5 1,577.15
0.04 FDS FACTSET RESEARCH 2329770 392.59 4 1,570.36
0.04 TRMB TRIMBLE INC 2903958 48.69 32 1,558.08
0.04 TXT TEXTRON INC 2885937 67.34 23 1,548.82
0.04 MOS MOSAIC CO/THE B3NPHP6 42.98 36 1,547.28
0.04 BRO BROWN & BROWN INC 2692687 55.06 28 1,541.68
0.04 AES AES CORP 2002479 21.96 70 1,537.20
0.04 GRMN GARMIN LTD B3Z5T14 95.09 16 1,521.44
0.04 CHRW CH ROBINSON 2116228 94.87 16 1,517.92
0.04 BWA BORGWARNER INC 2111955 46.62 32 1,491.84
0.04 EXPE EXPEDIA GROUP INC B748CK2 92.65 16 1,482.40
0.04 JKHY JACK HENRY 2469193 146.68 10 1,466.80
0.04 L LOEWS CORP 2523022 53.78 27 1,452.06
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 90.28 16 1,444.48
0.04 ZBRA ZEBRA TECH CORP 2989356 288.75 5 1,443.75
0.04 CTLT CATALENT INC BP96PQ4 62.64 23 1,440.72
0.04 WRB WR BERKLEY CORP 2093644 59.97 24 1,439.28
0.04 TECH BIO-TECHNE CORP BSHZ3Q0 71.92 20 1,438.40
0.04 EVRG EVERGY INC BFMXGR0 57.15 25 1,428.75
0.04 EQT EQT CORP 2319414 29.53 48 1,417.44
0.04 PHM PULTEGROUP INC 2708841 56.39 25 1,409.75
0.04 MGM MGM RESORTS INTERNATIONAL 2547419 41.23 34 1,401.82
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 196.17 7 1,373.19
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 28.01 49 1,372.49
0.04 RE EVEREST RE GROUP LTD 2556868 341.79 4 1,367.16
0.04 CRL CHARLES RIVER LA 2604336 193.71 7 1,355.97
0.04 STX SEAGATE TECHNOLO BKVD2N4 61.60 22 1,355.20
0.04 CPB CAMPBELL SOUP CO 2162845 53.50 25 1,337.50
0.03 UAL UNITED AIRLINES B4QG225 41.66 32 1,333.12
0.03 JBHT HUNT (JB) TRANS 2445416 165.96 8 1,327.68
0.03 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 20.74 64 1,327.36
0.03 PKG PACKAGING CORP OF AMERICA 2504566 131.08 10 1,310.80
0.03 TPR TAPESTRY INC BF09HX3 40.66 32 1,301.12
0.03 POOL POOL CORP 2781585 325.27 4 1,301.08
0.03 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 20.30 64 1,299.20
0.03 TYL TYLER TECHNOLOGIES INC 2909644 322.55 4 1,290.20
0.03 CBOE CBOE GLOBAL MARKETS INC B5834C5 127.18 10 1,271.80
0.03 EMN EASTMAN CHEMICAL CO 2298386 78.73 16 1,259.68
0.03 HSIC HENRY SCHEIN INC 2416962 78.13 16 1,250.08
0.03 NI NISOURCE INC 2645409 25.98 48 1,247.04
0.03 MTCH MATCH GROUP INC BK80XH9 39.72 31 1,231.32
0.03 ALLE ALLEGION PLC BFRT3W7 102.27 12 1,227.24
0.03 HRL HORMEL FOODS CORP 2437264 37.95 32 1,214.40
0.03 UDR UDR INC 2727910 37.84 32 1,210.88
0.03 SWK STANLEY BLACK & B3Q2FJ4 75.47 16 1,207.52
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 75.05 16 1,200.80
0.03 PTC PTC INC B95N910 119.98 10 1,199.80
0.03 HST HOST HOTELS & RESORTS INC 2567503 14.86 80 1,188.80
0.03 PNW PINNACLE WEST CAPITAL 2048804 74.10 16 1,185.60
0.03 RHI ROBERT HALF INTL INC 2110703 74.06 16 1,184.96
0.03 VTRS VIATRIS INC BMWS3X9 9.20 128 1,177.60
0.03 SNA SNAP-ON INC 2818740 233.75 5 1,168.75
0.03 WYNN WYNN RESORTS LTD 2963811 106.20 11 1,168.20
0.03 MAS MASCO CORP 2570200 48.40 24 1,161.60
0.03 APA APA CORP BNNF1C1 34.01 34 1,156.34
0.03 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 383.21 3 1,149.63
0.03 WDC WESTERN DIGITAL CORP 2954699 35.27 32 1,128.64
0.03 QRVO QORVO INC BR9YYP4 102.48 11 1,127.28
0.03 KIM KIMCO REALTY CORP 2491594 17.51 64 1,120.64
0.03 KEY KEYCORP 2490911 11.27 98 1,104.46
0.03 BBWI BATH & BODY WORKS INC BNNTGJ5 34.35 32 1,099.20
0.03 CE CELANESE CORP B05MZT4 99.55 11 1,095.05
0.03 CPT CAMDEN PROPERTY TRUST 2166320 98.65 11 1,085.15
0.03 FOXA FOX CORP - CLASS A BJJMGL2 33.67 32 1,077.44
0.03 AOS SMITH (A.O.) CORP 2816023 66.29 16 1,060.64
0.03 GEN GEN DIGITAL INC BJN4XN5 16.35 64 1,046.40
0.03 LYV LIVE NATION ENTE B0T7YX2 65.34 16 1,045.44
0.03 CDAY CERIDIAN HCM HOLDING INC BFX1V56 69.10 15 1,036.50
0.03 NDSN NORDSON CORP 2641838 207.14 5 1,035.70
0.03 JNPR JUNIPER NETWORKS INC 2431846 32.12 32 1,027.84
0.03 NRG NRG ENERGY INC 2212922 31.01 32 992.32
0.03 BF/B BROWN-FORMAN CORP-CLASS B 2146838 61.79 16 988.64
0.03 FFIV F5 INC 2427599 140.30 7 982.10
0.03 TFX TELEFLEX INC 2881407 241.34 4 965.36
0.02 BIO BIO-RAD LABORATORIES-A 2098508 456.32 2 912.64
0.02 WRK WESTROCK CO BYR0914 28.41 32 909.12
0.02 KMX CARMAX INC 2983563 56.73 16 907.68
0.02 REG REGENCY CENTERS CORP 2726177 56.69 16 907.04
0.02 AAL AMERICAN AIRLINE BCV7KT2 13.63 66 899.58
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 42.09 21 883.89
0.02 UHS UNIVERSAL HLTH-B 2923785 121.80 7 852.60
0.02 GL GLOBE LIFE INC BK6YKG1 106.36 8 850.88
0.02 BEN FRANKLIN RESOURCES INC 2350684 26.19 32 838.08
0.02 PNR PENTAIR PLC BLS09M3 51.01 16 816.16
0.02 ROL ROLLINS INC 2747305 36.17 22 795.74
0.02 TAP MOLSON COORS-B B067BM3 49.56 16 792.96
0.02 HII HUNTINGTON INGAL B40SSC9 196.73 4 786.92
0.02 HAS HASBRO INC 2414580 48.64 16 778.24
0.02 AAP ADVANCE AUTO PARTS INC 2822019 111.14 7 777.98
0.02 NWSA NEWS CORP - CLASS A BBGVT40 16.18 48 776.64
0.02 BXP BOSTON PROPERTIES INC 2019479 47.37 16 757.92
0.02 CCL CARNIVAL CORP 2523044 9.22 82 756.04
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 107.11 7 749.77
0.02 DXC DXC TECHNOLOGY CO BYXD7B3 23.25 32 744.00
0.02 OGN ORGANON & CO BLDC8J4 21.42 32 685.44
0.02 SEE SEALED AIR CORP 2232793 42.69 16 683.04
0.02 AIZ ASSURANT INC 2331430 112.30 6 673.80
0.02 XRAY DENTSPLY SIRONA INC BYNPPC6 36.76 18 661.68
0.02 VFC VF CORP 2928683 20.44 32 654.08
0.02 CMA COMERICA INC 2212870 40.70 16 651.20
0.02 WHR WHIRLPOOL CORP 2960384 126.09 5 630.45
0.02 ALK ALASKA AIR GROUP INC 2012605 38.50 16 616.00
0.01 FOX FOX CORP - CLASS B BJJMGY5 30.91 16 494.56
0.01 IVZ INVESCO LTD B28XP76 15.04 32 481.28
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 12.57 38 477.66
0.01 FRT FEDERAL REALTY INVS TRUST BN7P9B2 91.16 5 455.80
0.01 ZION ZIONS BANCORP NA 2989828 27.45 16 439.20
0.01 NWL NEWELL BRANDS INC 2635701 11.52 38 437.76
0.01 MHK MOHAWK INDUSTRIES INC 2598699 95.07 4 380.28
0.01 DVA DAVITA INC 2898087 75.24 5 376.20
0.01 RL RALPH LAUREN CORP B4V9661 111.44 3 334.32
0.01 LNC LINCOLN NATIONAL CORP 2516378 20.39 16 326.24
0.01 FRC FIRST REPUBLIC BANK/CA B4WHY15 12.53 23 288.19
0.01 DISH DISH NETWORK CORP-A 2303581 8.84 32 282.88
0.01 NWS NEWS CORP - CLASS B BBGVT51 16.26 16 260.16
0.00 SBNY SIGNATURE BANK B00JQL9 0.01 6 0.06
0.00 SIVB SVB FINANCIAL GROUP 2808053 0.01 6 0.06
-0.04 XSP US 06/16/23 C430 259.50 -6 -1,557.00
-0.52 SPX US 06/16/23 C4320 2,235.00 -9 -20,115.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/23/23

Return on Equity 19.80%
Weighted Avg. Market Cap 474,694 M
2022 2023
Price-to-earnings 17.86 17.67
Price-to-book value 3.76 3.27

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.53
MSCI EAFE 0.47
MSCI Emg. Mkts 0.37
Standard Deviation 12.60%

Source: AltaVista Research, LLC

ETF Research

The Case for Managing Risk with Collar ETFs

Read More

Using Options Strategies in a Rising Rate Environment

Read More

ETF Documents

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject XCLR to loss due to adverse occurrences that may affect that industry or sector. Investors in XCLR should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

XCLR 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 price within a certain period or on a specific date. A collar strategy involves holding shares of the underlying stock while simultaneously buying put options and selling call options against that holding. XCLR writes covered call index options on the and purchases put options on S&P 500 Index. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price. 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 S&P 500 Index if the put options become in the money (S&P 500 closes below the strike price as of the expiration date); but during periods where the S&P 500 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. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price.

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 S&P or Cboe, nor do these entities 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 these entities.

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