XCLR


S&P 500 Collar 95-110 ETF

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 03/28/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.67 million
NAV $29.70
Fact Sheet View the document

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 03/27/24

Ticker XCLR
Bloomberg Index Ticker CLL3M
CUSIP 37960A305
ISIN US37960A3059
Primary Exchange NYSE Arca
Shares Outstanding 90,000
Number of Holdings 507
30-Day Median Bid-Ask Spread 0.31%

Distributions As of 03/28/24

30-Day SEC Yield 1.15%
Distribution Frequency Semi-Annually

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 03/28/24

NAV $29.70 Daily Change $0.03 0.10%
Market Price $29.70 Daily Change $0.06 0.20%

Performance History

As of recent
(12/31/23)
As of recent
(12/31/23)
Fund NAV Market Price Index
1 Year 15.54% 15.65% 16.09%
Since Inception 1.64% 1.61% 2.08%
1 Year 20.29% 20.23% 20.86%
Since Inception 4.02% 4.04% 4.48%
Year-to-Date 15.54% 15.65% 16.09%
1 Month 4.22% 4.27% 4.27%
3 Months 9.17% 9.17% 9.21%
Since Inception 3.89% 3.82% 4.96%
Year-to-Date 6.29% 6.40% 6.39%
1 Month 4.86% 4.82% 4.96%
3 Months 10.78% 10.94% 10.93%
Since Inception 10.43% 10.46% 11.66%

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 03/28/24

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$2,101,740 5650 7.53% 06/21/2024 85
Short S&P 500 Mini Call Option -$525,435 565 7.53% 06/21/2024 85

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long S&P 500 Put Option $2,101,740 4875 -7.22% 06/21/2024 85
Long S&P 500 Mini Put Option $525,435 488 -7.12% 06/21/2024 85

Top Holdings As of 03/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.07 MSFT MICROSOFT CORP 2588173 420.72 449 188,903.28
5.63 AAPL APPLE INC 2046251 171.48 878 150,559.44
5.04 NVDA NVIDIA CORP 2379504 903.56 149 134,630.44
3.73 AMZN AMAZON.COM INC 2000019 180.38 553 99,750.14
2.42 META META PLATFORMS INC B7TL820 485.58 133 64,582.14
2.02 GOOGL ALPHABET INC-CL A BYVY8G0 150.93 358 54,032.94
1.75 BRK/B BERKSHIRE HATH-B 2073390 420.52 111 46,677.72
1.71 GOOG ALPHABET INC-CL C BYY88Y7 152.26 300 45,678.00
1.40 LLY ELI LILLY & CO 2516152 777.96 48 37,342.08
1.34 AVGO BROADCOM INC BDZ78H9 1,325.41 27 35,786.07
1.30 JPM JPMORGAN CHASE & CO 2190385 200.30 174 34,852.20
1.11 TSLA TESLA INC B616C79 175.79 168 29,532.72
1.05 XOM EXXON MOBIL CORP 2326618 116.24 241 28,013.84
1.04 UNH UNITEDHEALTH GROUP INC 2917766 494.70 56 27,703.20
1.01 V VISA INC-CLASS A SHARES B2PZN04 279.08 97 27,070.76
0.90 MA MASTERCARD INC - A B121557 481.57 50 24,078.50
0.88 HD HOME DEPOT INC 2434209 383.60 61 23,399.60
0.87 PG PROCTER & GAMBLE CO/THE 2704407 162.25 143 23,201.75
0.86 JNJ JOHNSON & JOHNSON 2475833 158.19 146 23,095.74
0.77 MRK MERCK & CO. INC. 2778844 131.95 155 20,452.25
0.74 COST COSTCO WHOLESALE CORP 2701271 732.63 27 19,781.01
0.74 ABBV ABBVIE INC B92SR70 182.10 108 19,666.80
0.67 CRM SALESFORCE INC 2310525 301.18 59 17,769.62
0.66 AMD ADVANCED MICRO DEVICES 2007849 180.49 98 17,688.02
0.62 CVX CHEVRON CORP 2838555 157.74 105 16,562.70
0.59 BAC BANK OF AMERICA CORP 2295677 37.92 418 15,850.56
0.59 NFLX NETFLIX INC 2857817 607.33 26 15,790.58
0.59 WMT WALMART INC 2936921 60.17 261 15,704.37
0.55 PEP PEPSICO INC 2681511 175.01 84 14,700.84
0.54 KO COCA-COLA CO/THE 2206657 61.18 236 14,438.48
0.53 ADBE ADOBE INC 2008154 504.60 28 14,128.80
0.51 DIS WALT DISNEY CO/THE 2270726 122.36 111 13,581.96
0.50 LIN LINDE PLC BNZHB81 464.32 29 13,465.28
0.50 TMO THERMO FISHER 2886907 581.21 23 13,367.83
0.49 ACN ACCENTURE PLC-CL A B4BNMY3 346.61 38 13,171.18
0.48 WFC WELLS FARGO & CO 2649100 57.96 219 12,693.24
0.46 MCD MCDONALD'S CORP 2550707 281.95 44 12,405.80
0.46 CSCO CISCO SYSTEMS INC 2198163 49.91 247 12,327.77
0.45 ORCL ORACLE CORP 2661568 125.61 96 12,058.56
0.45 ABT ABBOTT LABORATORIES 2002305 113.66 105 11,934.30
0.43 GE GENERAL ELECTRIC CO BL59CR9 175.53 66 11,584.98
0.43 QCOM QUALCOMM INC 2714923 169.30 68 11,512.40
0.43 CAT CATERPILLAR INC 2180201 366.43 31 11,359.33
0.43 INTC INTEL CORP 2463247 44.17 257 11,351.69
0.41 INTU INTUIT INC 2459020 650.00 17 11,050.00
0.40 SPX US 06/21/24 P4875 2,690.00 4 10,760.00
0.40 VZ VERIZON COMMUNIC 2090571 41.96 255 10,699.80
0.39 AMAT APPLIED MATERIALS INC 2046552 206.23 51 10,517.73
0.39 IBM IBM 2005973 190.96 55 10,502.80
0.39 CMCSA COMCAST CORP-CLASS A 2044545 43.35 241 10,447.35
0.37 DHR DANAHER CORP 2250870 249.72 40 9,988.80
0.36 UBER UBER TECHNOLOGIES INC BK6N347 76.99 125 9,623.75
0.36 TXN TEXAS INSTRUMENTS INC 2885409 174.21 55 9,581.55
0.36 PFE PFIZER INC 2684703 27.75 343 9,518.25
0.35 UNP UNION PACIFIC CORP 2914734 245.93 38 9,345.34
0.34 COP CONOCOPHILLIPS 2685717 127.28 72 9,164.16
0.34 NOW SERVICENOW INC B80NXX8 762.40 12 9,148.80
0.34 AMGN AMGEN INC 2023607 284.32 32 9,098.24
0.33 LOW LOWE'S COS INC 2536763 254.73 35 8,915.55
0.32 PM PHILIP MORRIS IN B2PKRQ3 91.62 94 8,612.28
0.32 SPGI S&P GLOBAL INC BYV2325 425.45 20 8,509.00
0.31 ISRG INTUITIVE SURGICAL INC 2871301 399.09 21 8,380.89
0.31 GS GOLDMAN SACHS GROUP INC 2407966 417.69 20 8,353.80
0.31 HON HONEYWELL INTL 2020459 205.25 40 8,210.00
0.31 AXP AMERICAN EXPRESS CO 2026082 227.69 36 8,196.84
0.30 NEE NEXTERA ENERGY INC 2328915 63.91 124 7,924.84
0.30 RTX RTX CORPORATION BM5M5Y3 97.53 81 7,899.93
0.30 MU MICRON TECHNOLOGY INC 2588184 117.89 67 7,898.63
0.29 ETN EATON CORP PLC B8KQN82 312.68 25 7,817.00
0.29 LRCX LAM RESEARCH CORP 2502247 971.57 8 7,772.56
0.29 PGR PROGRESSIVE CORP 2705024 206.82 37 7,652.34
0.29 T AT&T INC 2831811 17.60 434 7,638.40
0.28 SYK STRYKER CORP 2853688 357.87 21 7,515.27
0.27 PLD PROLOGIS INC B44WZD7 130.22 56 7,292.32
0.27 C CITIGROUP INC 2297907 63.24 115 7,272.60
0.27 ELV ELEVANCE HEALTH INC BSPHGL4 518.54 14 7,259.56
0.27 BKNG BOOKING HOLDINGS INC BDRXDB4 3,627.88 2 7,255.76
0.27 MS MORGAN STANLEY 2262314 94.16 76 7,156.16
0.27 MDT MEDTRONIC PLC BTN1Y11 87.15 82 7,146.30
0.26 TJX TJX COMPANIES INC 2989301 101.42 69 6,997.98
0.26 NKE NIKE INC -CL B 2640147 93.98 74 6,954.52
0.25 CB CHUBB LTD B3BQMF6 259.13 26 6,737.38
0.25 VRTX VERTEX PHARM 2931034 418.01 16 6,688.16
0.25 BMY BRISTOL-MYERS SQUIBB CO 2126335 54.23 123 6,670.29
0.25 BLK BLACKROCK INC 2494504 833.70 8 6,669.60
0.25 DE DEERE & CO 2261203 410.74 16 6,571.84
0.25 BA BOEING CO/THE 2108601 192.99 34 6,561.66
0.25 UPS UNITED PARCEL-B 2517382 148.63 44 6,539.72
0.25 CI THE CIGNA GROUP BHJ0775 363.19 18 6,537.42
0.24 SCHW SCHWAB (CHARLES) CORP 2779397 72.34 90 6,510.60
0.24 ADP AUTOMATIC DATA PROCESSING 2065308 249.74 26 6,493.24
0.24 MMC MARSH & MCLENNAN COS 2567741 205.98 31 6,385.38
0.24 SBUX STARBUCKS CORP 2842255 91.39 69 6,305.91
0.23 CVS CVS HEALTH CORP 2577609 79.76 76 6,061.76
0.22 ADI ANALOG DEVICES INC 2032067 197.79 30 5,933.70
0.22 LMT LOCKHEED MARTIN CORP 2522096 454.87 13 5,913.31
0.22 BSX BOSTON SCIENTIFIC CORP 2113434 68.49 86 5,890.14
0.22 CMG CHIPOTLE MEXICAN B0X7DZ3 2,906.77 2 5,813.54
0.22 REGN REGENERON PHARMACEUTICALS 2730190 962.49 6 5,774.94
0.22 FI FISERV INC 2342034 159.82 36 5,753.52
0.22 MDLZ MONDELEZ INTER-A B8CKK03 70.00 82 5,740.00
0.21 AMT AMERICAN TOWER CORP B7FBFL2 197.59 29 5,730.11
0.21 BX BLACKSTONE INC BKF2SL7 131.37 43 5,648.91
0.21 KLAC KLA CORP 2480138 698.57 8 5,588.56
0.21 GILD GILEAD SCIENCES INC 2369174 73.25 76 5,567.00
0.19 SNPS SYNOPSYS INC 2867719 571.50 9 5,143.50
0.19 TGT TARGET CORP 2259101 177.21 29 5,139.09
0.19 PANW PALO ALTO NETWORKS INC B87ZMX0 284.13 18 5,114.34
0.19 TMUS T-MOBILE US INC B94Q9V0 163.22 31 5,059.82
0.19 CDNS CADENCE DESIGN SYS INC 2302232 311.28 16 4,980.48
0.19 EQIX EQUINIX INC BVLZX12 825.33 6 4,951.98
0.19 CME CME GROUP INC 2965839 215.29 23 4,951.67
0.18 SHW SHERWIN-WILLIAMS CO/THE 2804211 347.33 14 4,862.62
0.18 ICE INTERCONTINENTAL BFSSDS9 137.43 35 4,810.05
0.18 SLB SCHLUMBERGER LTD 2779201 54.81 87 4,768.47
0.18 ZTS ZOETIS INC B95WG16 169.21 28 4,737.88
0.18 SO SOUTHERN CO/THE 2829601 71.74 66 4,734.84
0.18 WM WASTE MANAGEMENT INC 2937667 213.15 22 4,689.30
0.18 MO ALTRIA GROUP INC 2692632 43.62 107 4,667.34
0.17 ANET ARISTA NETWORKS INC BN33VM5 289.98 16 4,639.68
0.17 ITW ILLINOIS TOOL WORKS 2457552 268.33 17 4,561.61
0.17 DUK DUKE ENERGY CORP B7VD3F2 96.71 47 4,545.37
0.17 CSX CSX CORP 2160753 37.07 121 4,485.47
0.17 EOG EOG RESOURCES INC 2318024 127.84 35 4,474.40
0.17 PH PARKER HANNIFIN CORP 2671501 555.79 8 4,446.32
0.17 MPC MARATHON PETROLEUM CORP B3K3L40 201.50 22 4,433.00
0.17 PSX PHILLIPS 66 B78C4Y8 163.34 27 4,410.18
0.16 PYPL PAYPAL HOLDINGS INC BYW36M8 66.99 65 4,354.35
0.16 CL COLGATE-PALMOLIVE CO 2209106 90.05 48 4,322.40
0.16 NOC NORTHROP GRUMMAN CORP 2648806 478.66 9 4,307.94
0.16 MCK MCKESSON CORP 2378534 536.85 8 4,294.80
0.16 ABNB AIRBNB INC-CLASS A BMGYYH4 164.96 26 4,288.96
0.16 BDX BECTON DICKINSON AND CO 2087807 247.45 17 4,206.65
0.16 TT TRANE TECHNOLOGIES PLC BK9ZQ96 300.20 14 4,202.80
0.15 FCX FREEPORT-MCMORAN INC 2352118 47.02 87 4,090.74
0.15 EMR EMERSON ELECTRIC CO 2313405 113.42 36 4,083.12
0.15 FDX FEDEX CORP 2142784 289.74 14 4,056.36
0.15 APH AMPHENOL CORP-CL A 2145084 115.35 35 4,037.25
0.15 AON AON PLC-CLASS A BLP1HW5 333.72 12 4,004.64
0.15 HCA HCA HEALTHCARE INC B4MGBG6 333.53 12 4,002.36
0.15 NXPI NXP SEMICONDUCTORS NV B505PN7 247.77 16 3,964.32
0.15 GD GENERAL DYNAMICS CORP 2365161 282.49 14 3,954.86
0.15 USB US BANCORP 2736035 44.70 88 3,933.60
0.15 PNC PNC FINANCIAL SE 2692665 161.60 24 3,878.40
0.14 MAR MARRIOTT INTL-A 2210614 252.31 15 3,784.65
0.14 TDG TRANSDIGM GROUP INC B11FJK3 1,231.60 3 3,694.80
0.14 PXD PIONEER NATURAL 2690830 262.50 14 3,675.00
0.14 ADSK AUTODESK INC 2065159 260.42 14 3,645.88
0.14 EW EDWARDS LIFESCIENCES CORP 2567116 95.56 38 3,631.28
0.14 MMM 3M CO 2595708 106.07 34 3,606.38
0.13 PCAR PACCAR INC 2665861 123.89 29 3,592.81
0.13 VLO VALERO ENERGY CORP 2041364 170.69 21 3,584.49
0.13 COF CAPITAL ONE FINA 2654461 148.89 24 3,573.36
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 354.98 10 3,549.80
0.13 MCO MOODY'S CORP 2252058 393.03 9 3,537.27
0.13 CEG CONSTELLATION ENERGY BMH4FS1 184.85 19 3,512.15
0.13 AJG ARTHUR J GALLAGHER & CO 2359506 250.04 14 3,500.56
0.13 ECL ECOLAB INC 2304227 230.90 15 3,463.50
0.13 CTAS CINTAS CORP 2197137 687.03 5 3,435.15
0.13 HLT HILTON WORLDWIDE BYVMW06 213.31 16 3,412.96
0.13 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,128.88 3 3,386.64
0.13 ROP ROPER TECHNOLOGIES INC 2749602 560.84 6 3,365.04
0.12 NSC NORFOLK SOUTHERN CORP 2641894 254.87 13 3,313.31
0.12 AIG AMERICAN INTERNA 2027342 78.17 42 3,283.14
0.12 DXCM DEXCOM INC B0796X4 138.70 23 3,190.10
0.12 GM GENERAL MOTORS CO B665KZ5 45.35 70 3,174.50
0.12 TFC TRUIST FINANCIAL CORP BKP7287 38.98 81 3,157.38
0.12 AZO AUTOZONE INC 2065955 3,151.65 1 3,151.65
0.12 APD AIR PRODS & CHEM 2011602 242.27 13 3,149.51
0.12 F FORD MOTOR CO 2615468 13.28 237 3,147.36
0.12 SPG SIMON PROPERTY GROUP INC 2812452 156.49 20 3,129.80
0.12 CPRT COPART INC 2208073 57.92 54 3,127.68
0.11 GWW WW GRAINGER INC 2380863 1,017.30 3 3,051.90
0.11 IQV IQVIA HOLDINGS INC BDR73G1 252.89 12 3,034.68
0.11 SMCI SUPER MICRO COMPUTER INC B1VQR35 1,010.03 3 3,030.09
0.11 TRV TRAVELERS COS INC/THE 2769503 230.14 13 2,991.82
0.11 WELL WELLTOWER INC BYVYHH4 93.44 32 2,990.08
0.11 STZ CONSTELLATION-A 2170473 271.76 11 2,989.36
0.11 NUE NUCOR CORP 2651086 197.90 15 2,968.50
0.11 DHI DR HORTON INC 2250687 164.55 18 2,961.90
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 89.71 33 2,960.43
0.11 ROST ROSS STORES INC 2746711 146.76 20 2,935.20
0.11 TEL TE CONNECTIVITY LTD B62B7C3 145.24 20 2,904.80
0.11 PSA PUBLIC STORAGE 2852533 290.06 10 2,900.60
0.11 OKE ONEOK INC 2130109 80.17 36 2,886.12
0.11 URI UNITED RENTALS INC 2134781 721.11 4 2,884.44
0.11 WMB WILLIAMS COS INC 2967181 38.97 74 2,883.78
0.11 SRE SEMPRA 2138158 71.83 40 2,873.20
0.11 AEP AMERICAN ELECTRIC POWER 2026242 86.10 33 2,841.30
0.11 MSCI MSCI INC B2972D2 560.45 5 2,802.25
0.10 FAST FASTENAL CO 2332262 77.14 36 2,777.04
0.10 HUM HUMANA INC 2445063 346.72 8 2,773.76
0.10 XSP US 06/21/24 P488 277.00 10 2,770.00
0.10 O REALTY INCOME CORP 2724193 54.10 51 2,759.10
0.10 HES HESS CORP 2023748 152.64 18 2,747.52
0.10 AME AMETEK INC 2089212 182.90 15 2,743.50
0.10 MET METLIFE INC 2573209 74.11 37 2,742.07
0.10 LULU LULULEMON ATHLETICA INC B23FN39 390.65 7 2,734.55
0.10 FTNT FORTINET INC B5B2106 68.31 40 2,732.40
0.10 CARR CARRIER GLOBAL CORP BK4N0D7 58.13 47 2,732.11
0.10 KMB KIMBERLY-CLARK CORP 2491839 129.35 21 2,716.35
0.10 BK BANK NY MELLON B1Z77F6 57.62 47 2,708.14
0.10 IDXX IDEXX LABORATORIES INC 2459202 539.93 5 2,699.65
0.10 JCI JOHNSON CONTROLS BY7QL61 65.32 41 2,678.12
0.10 CCI CROWN CASTLE INC BTGQCX1 105.83 25 2,645.75
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 438.44 6 2,630.64
0.10 MNST MONSTER BEVERAGE CORP BZ07BW4 59.28 44 2,608.32
0.10 D DOMINION ENERGY INC 2542049 49.19 53 2,607.07
0.10 OXY OCCIDENTAL PETROLEUM CORP 2655408 64.99 40 2,599.60
0.10 FIS FIDELITY NATIONA 2769796 74.18 35 2,596.30
0.10 CTVA CORTEVA INC BK73B42 57.67 45 2,595.15
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 144.04 18 2,592.72
0.10 PRU PRUDENTIAL FINANCIAL INC 2819118 117.40 22 2,582.80
0.10 LEN LENNAR CORP-A 2511920 171.98 15 2,579.70
0.10 AFL AFLAC INC 2026361 85.86 30 2,575.80
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 213.10 12 2,557.20
0.10 NEM NEWMONT CORP 2636607 35.84 71 2,544.64
0.09 GIS GENERAL MILLS INC 2367026 69.97 36 2,518.92
0.09 SYY SYSCO CORP 2868165 81.18 31 2,516.58
0.09 YUM YUM! BRANDS INC 2098876 138.65 18 2,495.70
0.09 DOW DOW INC BHXCF84 57.93 43 2,490.99
0.09 RSG REPUBLIC SERVICES INC 2262530 190.91 13 2,481.77
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 99.27 25 2,481.75
0.09 A AGILENT TECHNOLOGIES INC 2520153 145.27 17 2,469.66
0.09 VMC VULCAN MATERIALS CO 2931205 272.92 9 2,456.28
0.09 MLM MARTIN MARIETTA MATERIALS 2572079 613.94 4 2,455.76
0.09 ALL ALLSTATE CORP 2019952 173.01 14 2,422.14
0.09 IT GARTNER INC 2372763 476.67 5 2,383.35
0.09 FANG DIAMONDBACK ENERGY INC B7Y8YR3 198.17 12 2,378.04
0.09 IR INGERSOLL-RAND INC BL5GZ82 94.95 25 2,373.75
0.09 CMI CUMMINS INC 2240202 294.65 8 2,357.20
0.09 CNC CENTENE CORP 2807061 78.48 30 2,354.40
0.09 PWR QUANTA SERVICES INC 2150204 259.80 9 2,338.20
0.09 PAYX PAYCHEX INC 2674458 122.80 19 2,333.20
0.09 CSGP COSTAR GROUP INC 2262864 96.60 24 2,318.40
0.09 KVUE KENVUE INC BQ84ZQ6 21.46 107 2,296.22
0.09 EXC EXELON CORP 2670519 37.57 61 2,291.77
0.09 KR KROGER CO 2497406 57.13 40 2,285.20
0.08 MRNA MODERNA INC BGSXTS3 106.56 21 2,237.76
0.08 KMI KINDER MORGAN INC B3NQ4P8 18.34 122 2,237.48
0.08 CTSH COGNIZANT TECH-A 2257019 73.29 30 2,198.70
0.08 ODFL OLD DOMINION FREIGHT LINE 2656423 219.31 10 2,193.10
0.08 COR CENCORA INC 2795393 242.99 9 2,186.91
0.08 EFX EQUIFAX INC 2319146 267.52 8 2,140.16
0.08 GPN GLOBAL PAYMENTS INC 2712013 133.66 16 2,138.56
0.08 PEG PUB SERV ENTERP 2707677 66.78 32 2,136.96
0.08 HAL HALLIBURTON CO 2405302 39.42 54 2,128.68
0.08 PCG P G & E CORP 2689560 16.76 126 2,111.76
0.08 EXR EXTRA SPACE STORAGE INC B02HWR9 147.00 14 2,058.00
0.08 BKR BAKER HUGHES CO BDHLTQ5 33.50 61 2,043.50
0.08 ROK ROCKWELL AUTOMATION INC 2754060 291.33 7 2,039.31
0.08 MPWR MONOLITHIC POWER B01Z7J1 677.42 3 2,032.26
0.08 DVN DEVON ENERGY CORP 2480677 50.18 40 2,007.20
0.08 EL ESTEE LAUDER 2320524 154.15 13 2,003.95
0.08 ED CONSOLIDATED EDISON INC 2216850 90.81 22 1,997.82
0.08 DD DUPONT DE NEMOURS INC BK0VN47 76.67 26 1,993.42
0.07 EA ELECTRONIC ARTS INC 2310194 132.67 15 1,990.05
0.07 DFS DISCOVER FINANCI B1YLC43 131.09 15 1,966.35
0.07 XYL XYLEM INC B3P2CN8 129.24 15 1,938.60
0.07 XEL XCEL ENERGY INC 2614807 53.75 36 1,935.00
0.07 DAL DELTA AIR LINES INC B1W9D46 47.87 40 1,914.80
0.07 ON ON SEMICONDUCTOR 2583576 73.55 26 1,912.30
0.07 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 90.91 21 1,909.13
0.07 VICI VICI PROPERTIES INC BYWH073 29.79 64 1,906.56
0.07 VRSK VERISK ANALYTICS INC B4P9W92 235.73 8 1,885.84
0.07 ADM ARCHER-DANIELS-MIDLAND CO 2047317 62.81 30 1,884.30
0.07 PPG PPG INDUSTRIES INC 2698470 144.90 13 1,883.70
0.07 DG DOLLAR GENERAL CORP B5B1S13 156.06 12 1,872.72
0.07 DLTR DOLLAR TREE INC 2272476 133.15 14 1,864.10
0.07 HIG HARTFORD FINL SV 2476193 103.05 18 1,854.90
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 261.72 7 1,832.04
0.07 KHC KRAFT HEINZ CO/THE BYRY499 36.90 49 1,808.10
0.07 RCL ROYAL CARIBBEAN 2754907 139.01 13 1,807.13
0.07 FTV FORTIVE CORP BYT3MK1 86.02 21 1,806.42
0.07 OTHER PAYABLE & RECEIVABLES 1.00 1,804 1,803.62
0.07 CDW CDW CORP/DE BBM5MD6 255.78 7 1,790.46
0.07 RMD RESMED INC 2732903 198.03 9 1,782.27
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 92.44 19 1,756.36
0.07 HSY HERSHEY CO/THE 2422806 194.50 9 1,750.50
0.07 CHTR CHARTER COMMUN-A BZ6VT82 290.63 6 1,743.78
0.07 EBAY EBAY INC 2293819 52.78 33 1,741.74
0.07 ANSS ANSYS INC 2045623 347.16 5 1,735.80
0.07 BIIB BIOGEN INC 2455965 215.63 8 1,725.04
0.06 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 156.38 11 1,720.18
0.06 ZBH ZIMMER BIOMET HO 2783815 131.98 13 1,715.74
0.06 FITB FIFTH THIRD BANCORP 2336747 37.21 45 1,674.45
0.06 CBRE CBRE GROUP INC - A B6WVMH3 97.24 17 1,653.08
0.06 WTW WILLIS TOWERS WATSON PLC BDB6Q21 275.00 6 1,650.00
0.06 CASH 1.00 1,643 1,643.46
0.06 HWM HOWMET AEROSPACE INC BKLJ8V2 68.43 24 1,642.32
0.06 BR BROADRIDGE FINL B1VP7R6 204.86 8 1,638.88
0.06 WY WEYERHAEUSER CO 2958936 35.91 45 1,615.95
0.06 WAB WABTEC CORP 2955733 145.68 11 1,602.48
0.06 KDP KEURIG DR PEPPER INC BD3W133 30.67 52 1,594.84
0.06 DOV DOVER CORP 2278407 177.19 9 1,594.71
0.06 WST WEST PHARMACEUT 2950482 395.71 4 1,582.84
0.06 HPQ HP INC BYX4D52 30.22 52 1,571.44
0.06 ULTA ULTA BEAUTY INC B28TS42 522.88 3 1,568.64
0.06 WEC WEC ENERGY GROUP INC BYY8XK8 82.12 19 1,560.28
0.06 EIX EDISON INTERNATIONAL 2829515 70.73 22 1,556.06
0.06 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 102.28 15 1,534.20
0.06 SBAC SBA COMMUNICATIONS CORP BZ6TS23 216.70 7 1,516.90
0.06 ILMN ILLUMINA INC 2613990 137.32 11 1,510.52
0.06 TTWO TAKE-TWO INTERAC 2122117 148.49 10 1,484.90
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 185.56 8 1,484.48
0.06 GLW CORNING INC 2224701 32.96 45 1,483.20
0.06 STLD STEEL DYNAMICS INC 2849472 148.23 10 1,482.30
0.06 ETR ENTERGY CORP 2317087 105.68 14 1,479.52
0.06 AWK AMERICAN WATER W B2R3PV1 122.21 12 1,466.52
0.06 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 208.55 7 1,459.85
0.06 DTE DTE ENERGY COMPANY 2280220 112.14 13 1,457.82
0.05 TRGP TARGA RESOURCES CORP B55PZY3 111.99 13 1,455.87
0.05 CAH CARDINAL HEALTH INC 2175672 111.90 13 1,454.70
0.05 MTB M & T BANK CORP 2340168 145.44 10 1,454.40
0.05 IRM IRON MOUNTAIN INC BVFTF03 80.21 18 1,443.78
0.05 HPE HEWLETT PACKA BYVYWS0 17.73 81 1,436.13
0.05 RJF RAYMOND JAMES 2718992 128.42 11 1,412.62
0.05 BAX BAXTER INTERNATIONAL INC 2085102 42.74 33 1,410.42
0.05 GPC GENUINE PARTS CO 2367480 154.93 9 1,394.37
0.05 STT STATE STREET CORP 2842040 77.32 18 1,391.76
0.05 EQR EQUITY RESIDENTIAL 2319157 63.11 22 1,388.42
0.05 NDAQ NASDAQ INC 2965107 63.10 22 1,388.20
0.05 J JACOBS SOLUTIONS INC BNGC0D3 153.73 9 1,383.57
0.05 WAT WATERS CORP 2937689 344.23 4 1,376.92
0.05 APTV APTIV PLC B783TY6 79.65 17 1,354.05
0.05 STE STERIS PLC BFY8C75 224.82 6 1,348.92
0.05 TROW T ROWE PRICE GROUP INC 2702337 121.92 11 1,341.12
0.05 GRMN GARMIN LTD B3Z5T14 148.87 9 1,339.83
0.05 MTD METTLER-TOLEDO 2126249 1,331.29 1 1,331.29
0.05 PHM PULTEGROUP INC 2708841 120.62 11 1,326.82
0.05 PTC PTC INC B95N910 188.94 7 1,322.58
0.05 INVH INVITATION HOMES INC BD81GW9 35.61 37 1,317.57
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 327.92 4 1,311.68
0.05 LH LABORATORY CP 2586122 218.46 6 1,310.76
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 85.99 15 1,289.85
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 429.32 3 1,287.96
0.05 CBOE CBOE GLOBAL MARKETS INC B5834C5 183.73 7 1,286.11
0.05 NTAP NETAPP INC 2630643 104.97 12 1,259.64
0.05 OMC OMNICOM GROUP 2279303 96.76 13 1,257.88
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 13.95 90 1,255.50
0.05 CTRA COTERRA ENERGY INC 2162340 27.88 45 1,254.60
0.05 CHD CHURCH & DWIGHT CO INC 2195841 104.31 12 1,251.72
0.05 AXON AXON ENTERPRISE INC BDT5S35 312.88 4 1,251.52
0.05 FICO FAIR ISAAC CORP 2330299 1,249.61 1 1,249.61
0.05 TXT TEXTRON INC 2885937 95.93 13 1,247.09
0.05 HUBB HUBBELL INC BDFG6S3 415.05 3 1,245.15
0.05 EXPE EXPEDIA GROUP INC B748CK2 137.75 9 1,239.75
0.05 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.73 142 1,239.66
0.05 PPL PPL CORP 2680905 27.53 45 1,238.85
0.05 CPAY CORPAY INC BMX5GK7 308.54 4 1,234.16
0.05 MOH MOLINA HEALTHCARE INC 2212706 410.83 3 1,232.49
0.05 WDC WESTERN DIGITAL CORP 2954699 68.24 18 1,228.32
0.05 BRO BROWN & BROWN INC 2692687 87.54 14 1,225.56
0.05 IEX IDEX CORP 2456612 244.02 5 1,220.10
0.05 COO COOPER COS INC/THE BQPDXR3 101.46 12 1,217.52
0.05 CE CELANESE CORP B05MZT4 171.86 7 1,203.02
0.05 FE FIRSTENERGY CORP 2100920 38.62 31 1,197.22
0.05 ES EVERSOURCE ENERGY BVVN4Q8 59.77 20 1,195.40
0.05 EG EVEREST GROUP LTD 2556868 397.50 3 1,192.50
0.04 VLTO VERALTO CORP BPGMZQ5 88.68 13 1,182.14
0.04 FSLR FIRST SOLAR INC B1HMF22 168.80 7 1,181.60
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 131.09 9 1,179.81
0.04 DRI DARDEN RESTAURANTS INC 2289874 167.15 7 1,170.05
0.04 NTRS NORTHERN TRUST CORP 2648668 88.92 13 1,155.96
0.04 PKG PACKAGING CORP OF AMERICA 2504566 189.78 6 1,138.68
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 51.70 22 1,137.40
0.04 VRSN VERISIGN INC 2142922 189.51 6 1,137.06
0.04 AVY AVERY DENNISON CORP 2066408 223.25 5 1,116.25
0.04 CCL CARNIVAL CORP 2523044 16.34 67 1,094.78
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 121.57 9 1,094.13
0.04 ENPH ENPHASE ENERGY INC B65SQW4 120.98 9 1,088.82
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 43.12 25 1,078.00
0.04 BALL BALL CORP 2073022 67.36 16 1,077.76
0.04 WRB WR BERKLEY CORP 2093644 88.44 12 1,061.28
0.04 TSN TYSON FOODS INC-CL A 2909730 58.73 18 1,057.14
0.04 LUV SOUTHWEST AIRLINES CO 2831543 29.19 36 1,050.84
0.04 VTR VENTAS INC 2927925 43.54 24 1,044.96
0.04 ARE ALEXANDRIA REAL 2009210 128.91 8 1,031.28
0.04 K KELLANOVA 2486813 57.29 18 1,031.22
0.04 RF REGIONS FINANCIAL CORP B01R311 21.04 49 1,030.96
0.04 BG BUNGE GLOBAL SA BQ6BPG9 102.52 10 1,025.20
0.04 STX SEAGATE TECHNOLO BKVD2N4 93.05 11 1,023.55
0.04 MRO MARATHON OIL CORP 2910970 28.34 36 1,020.24
0.04 TER TERADYNE INC 2884183 112.83 9 1,015.47
0.04 HOLX HOLOGIC INC 2433530 77.96 13 1,013.48
0.04 EQT EQT CORP 2319414 37.07 27 1,000.89
0.04 MKC MCCORMICK-N/V 2550161 76.81 13 998.53
0.04 DPZ DOMINO'S PIZZA INC B01SD70 496.88 2 993.76
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 124.17 8 993.36
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 244.81 4 979.24
0.04 WBA WALGREENS BOOTS BTN1Y44 21.69 45 976.05
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 108.32 9 974.88
0.04 TRMB TRIMBLE INC 2903958 64.36 15 965.40
0.04 AEE AMEREN CORPORATION 2050832 73.96 13 961.48
0.04 LKQ LKQ CORP 2971029 53.41 18 961.38
0.04 LW LAMB WESTON HOLDINGS INC BDQZFJ3 106.53 9 958.77
0.04 LYV LIVE NATION ENTE B0T7YX2 105.77 9 951.93
0.04 PFG PRINCIPAL FINANCIAL GROUP 2803014 86.31 11 949.41
0.04 DECK DECKERS OUTDOOR CORP 2267278 941.26 1 941.26
0.04 CNP CENTERPOINT ENERGY INC 2440637 28.49 33 940.17
0.04 JBL JABIL INC 2471789 133.95 7 937.65
0.04 HST HOST HOTELS & RESORTS INC 2567503 20.68 45 930.60
0.03 CLX CLOROX COMPANY 2204026 153.11 6 918.66
0.03 FDS FACTSET RESEARCH 2329770 454.39 2 908.78
0.03 LNT ALLIANT ENERGY CORP 2973821 50.40 18 907.20
0.03 CMS CMS ENERGY CORP 2219224 60.34 15 905.10
0.03 TFX TELEFLEX INC 2881407 226.17 4 904.68
0.03 ZBRA ZEBRA TECH CORP 2989356 301.44 3 904.32
0.03 BBY BEST BUY CO INC 2094670 82.03 11 902.33
0.03 WRK WESTROCK CO BYR0914 49.45 18 890.10
0.03 SNA SNAP-ON INC 2818740 296.22 3 888.66
0.03 SWK STANLEY BLACK & B3Q2FJ4 97.93 9 881.37
0.03 IPG INTERPUBLIC GRP 2466321 32.63 27 881.01
0.03 NRG NRG ENERGY INC 2212922 67.69 13 879.97
0.03 TAP MOLSON COORS-B B067BM3 67.25 13 874.25
0.03 UAL UNITED AIRLINES B4QG225 47.88 18 861.84
0.03 L LOEWS CORP 2523022 78.29 11 861.19
0.03 PODD INSULET CORP B1XGNW4 171.40 5 857.00
0.03 TYL TYLER TECHNOLOGIES INC 2909644 425.01 2 850.02
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 36.29 23 834.67
0.03 CF CF INDUSTRIES HO B0G4K50 83.21 10 832.10
0.03 ATO ATMOS ENERGY CORP 2315359 118.87 7 832.09
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 276.16 3 828.48
0.03 AES AES CORP 2002479 17.93 46 824.78
0.03 VTRS VIATRIS INC BMWS3X9 11.94 69 823.86
0.03 NDSN NORDSON CORP 2641838 274.54 3 823.62
0.03 IP INTERNATIONAL PAPER CO 2465254 39.02 21 819.42
0.03 CRL CHARLES RIVER LA 2604336 270.95 3 812.85
0.03 ALLE ALLEGION PLC BFRT3W7 134.71 6 808.26
0.03 POOL POOL CORP 2781585 403.50 2 807.00
0.03 GEN GEN DIGITAL INC BJN4XN5 22.40 36 806.40
0.03 DGX QUEST DIAGNOSTICS INC 2702791 133.11 6 798.66
0.03 JBHT HUNT (JB) TRANS 2445416 199.25 4 797.00
0.03 ALB ALBEMARLE CORP 2046853 131.74 6 790.44
0.03 MAS MASCO CORP 2570200 78.88 10 788.80
0.03 KMX CARMAX INC 2983563 87.11 9 783.99
0.03 KEY KEYCORP 2490911 15.81 49 774.69
0.03 PNR PENTAIR PLC BLS09M3 85.44 9 768.96
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 108.76 7 761.32
0.03 FFIV F5 INC 2427599 189.59 4 758.36
0.03 MGM MGM RESORTS INTERNATIONAL 2547419 47.21 16 755.36
0.03 SJM JM SMUCKER CO/THE 2951452 125.87 6 755.22
0.03 NI NISOURCE INC 2645409 27.66 27 746.82
0.03 CAG CONAGRA BRANDS INC 2215460 29.64 25 741.00
0.03 INCY INCYTE CORP 2471950 56.97 13 740.61
0.03 ROL ROLLINS INC 2747305 46.27 16 740.32
0.03 RVTY REVVITY INC 2305844 105.00 7 735.00
0.03 UHS UNIVERSAL HLTH-B 2923785 182.46 4 729.84
0.03 MOS MOSAIC CO/THE B3NPHP6 32.46 22 714.12
0.03 NWSA NEWS CORP - CLASS A BBGVT40 26.18 27 706.86
0.03 AAL AMERICAN AIRLINE BCV7KT2 15.35 46 706.10
0.03 KIM KIMCO REALTY CORP 2491594 19.61 36 705.96
0.03 EMN EASTMAN CHEMICAL CO 2298386 100.22 7 701.54
0.03 GL GLOBE LIFE INC BK6YKG1 116.37 6 698.22
0.03 HSIC HENRY SCHEIN INC 2416962 75.52 9 679.68
0.03 AMCR AMCOR PLC BJ1F307 9.51 71 675.21
0.03 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 18.75 36 675.00
0.03 UDR UDR INC 2727910 37.41 18 673.38
0.03 JNPR JUNIPER NETWORKS INC 2431846 37.06 18 667.08
0.03 TPR TAPESTRY INC BF09HX3 47.48 14 664.72
0.03 MAA MID-AMERICA APAR 2589132 131.58 5 657.90
0.02 TECH BIO-TECHNE CORP BSHZ3Q0 70.39 9 633.51
0.02 HRL HORMEL FOODS CORP 2437264 34.89 18 628.02
0.02 ETSY ETSY INC BWTN5N1 68.72 9 618.48
0.02 MTCH MATCH GROUP INC BK80XH9 36.28 17 616.76
0.02 PAYC PAYCOM SOFTWARE INC BL95MY0 199.01 3 597.03
0.02 EVRG EVERGY INC BFMXGR0 53.38 11 587.18
0.02 HII HUNTINGTON INGAL B40SSC9 291.47 2 582.94
0.02 FMC FMC CORP 2328603 63.70 9 573.30
0.02 AIZ ASSURANT INC 2331430 188.24 3 564.72
0.02 CTLT CATALENT INC BP96PQ4 56.45 10 564.50
0.02 RL RALPH LAUREN CORP B4V9661 187.76 3 563.28
0.02 FOXA FOX CORP - CLASS A BJJMGL2 31.27 18 562.86
0.02 BEN FRANKLIN RESOURCES INC 2350684 28.11 20 562.20
0.02 IVZ INVESCO LTD B28XP76 16.59 33 547.47
0.02 REG REGENCY CENTERS CORP 2726177 60.56 9 545.04
0.02 MHK MOHAWK INDUSTRIES INC 2598699 130.89 4 523.56
0.02 PNW PINNACLE WEST CAPITAL 2048804 74.73 7 523.11
0.02 JKHY JACK HENRY 2469193 173.73 3 521.19
0.02 HAS HASBRO INC 2414580 56.52 9 508.68
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 126.14 4 504.56
0.02 CPB CAMPBELL SOUP CO 2162845 44.45 11 488.95
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 43.74 11 481.14
0.02 RHI ROBERT HALF INC 2110703 79.28 6 475.68
0.02 BF/B BROWN-FORMAN CORP-CLASS B 2146838 51.62 9 464.58
0.02 DAY DAYFORCE INC BFX1V56 66.21 7 463.47
0.02 QRVO QORVO INC BR9YYP4 114.83 4 459.32
0.02 APA APA CORP BNNF1C1 34.38 13 446.94
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 219.25 2 438.50
0.02 XRAY DENTSPLY SIRONA INC BYNPPC6 33.19 13 431.47
0.02 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 11.77 36 423.72
0.02 DVA DAVITA INC 2898087 138.05 3 414.15
0.02 WYNN WYNN RESORTS LTD 2963811 102.23 4 408.92
0.02 CPT CAMDEN PROPERTY TRUST 2166320 98.40 4 393.60
0.01 AOS SMITH (A.O.) CORP 2816023 89.46 4 357.84
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 20.93 17 355.81
0.01 BBWI BATH & BODY WORKS INC BNNTGJ5 50.02 7 350.14
0.01 BIO BIO-RAD LABORATORIES-A 2098508 345.87 1 345.87
0.01 BXP BOSTON PROPERTIES INC 2019479 65.31 5 326.55
0.01 BWA BORGWARNER INC 2111955 34.74 9 312.66
0.01 FRT FEDERAL REALTY INVS TRUST BN7P9B2 102.12 3 306.36
0.01 CHRW CH ROBINSON 2116228 76.14 4 304.56
0.01 VFC VF CORP 2928683 15.34 18 276.12
0.01 FOX FOX CORP - CLASS B BJJMGY5 28.62 9 257.58
0.01 NWS NEWS CORP - CLASS B BBGVT51 27.06 9 243.54
0.01 CMA COMERICA INC 2212870 54.99 3 164.97
0.00 SOLV-W SOLVENTUM CORP-W/I BMTQB43 0.00 9 0.00
-0.06 XSP US 06/21/24 C565 158.00 -10 -1,580.00
-0.24 SPX US 06/21/24 C5650 1,570.00 -4 -6,280.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/28/24

Return on Equity 20.30%
Weighted Avg. Market Cap 789,501 M
2023 2024
Price-to-earnings 23.01 21.23
Price-to-book value 4.65 4.04

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 02/29/24

Versus Beta
S&P 500 0.59
NASDAQ-100 0.44
MSCI EAFE 0.53
MSCI Emg. Mkts 0.44
Standard Deviation 12.00%

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 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.