United States
Model Portfolios | Institutional | News | Contact

XTR

S&P 500 Tail Risk ETF

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

Reasons to Consider XTR

Growth Potential

XTR offers uncapped exposure to the growth potential1 of the stocks in the S&P 500 Index.

Manage Downside Risk

By buying protective puts, XTR 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

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

1XTR’s growth potential will decrease by the cost of the premiums paid

Key Information As of 03/21/23

Inception Date 08/25/21
Total Expense Ratio 0.61%
Net Assets $3.03 million
NAV $23.32
Fact Sheet

ETF Summary

The Global X S&P 500 Tail Risk ETF (XTR) employs a protective put strategy for investors seeking to buffer against market selloffs. XTR seeks to achieve this outcome by owning the stocks in the S&P 500 Index, coupled with buying 10% out-of-the-money put options2 on the S&P 500 Index.

ETF Objective

The Global X S&P 500 Tail Risk ETF (XTR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Tail Risk Index.

Trading Details As of 03/21/23

Ticker XTR
Bloomberg Index Ticker PPUT3M
CUSIP 37960A107
ISIN US37960A1079
Primary Exchange NYSE Arca
Shares Outstanding 130,000
Number of Holdings 506
30-Day Median Bid-Ask Spread 0.31%

Distributions As of 03/21/23

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

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 03/21/23

NAV $23.32 Daily Change $0.22 0.95%
Market Price $23.31 Daily Change $0.23 1.00%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -17.46% -17.70% -16.94%
Since Inception -10.74% -10.85% -10.09%
1 Year -8.20% -8.20% -7.68%
Since Inception -8.07% -8.07% -7.49%
Year-to-Date -17.46% -17.70% -16.94%
1 Month -6.25% -6.22% -6.16%
3 Months 3.30% 2.97% 3.35%
Since Inception -14.22% -14.37% -13.38%
Year-to-Date 2.65% 2.83% 2.62%
1 Month -2.51% -2.31% -2.58%
3 Months -3.77% -3.57% -3.71%
Since Inception -11.95% -11.95% -11.11%

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 03/21/23

Option Positions Notional Exposure Strike Moneyness Expiration Date Calendar Days to Expiry
Long S&P 500 Put Option $2,802,009 3530 88.20% 06/16/2023 87
Long S&P 500 Mini Put Option $160,115 353 88.20% 06/16/2023 87

Top Holdings As of 03/21/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.01 AAPL APPLE INC 2046251 159.28 1,335 212,638.80
6.03 MSFT MICROSOFT CORP 2588173 273.78 668 182,885.04
2.66 AMZN AMAZON.COM INC 2000019 100.61 800 80,488.00
1.91 NVDA NVIDIA CORP 2379504 261.99 221 57,899.79
1.85 GOOGL ALPHABET INC-CL A BYVY8G0 104.92 534 56,027.28
1.63 GOOG ALPHABET INC-CL C BYY88Y7 105.84 466 49,321.44
1.62 BRK/B BERKSHIRE HATH-B 2073390 303.85 162 49,223.70
1.57 TSLA TESLA INC B616C79 197.58 241 47,616.78
1.33 META META PLATFORMS INC B7TL820 202.16 200 40,432.00
1.33 UNH UNITEDHEALTH GROUP INC 2917766 480.10 84 40,328.40
1.30 XOM EXXON MOBIL CORP 2326618 107.04 369 39,497.76
1.19 JNJ JOHNSON & JOHNSON 2475833 153.89 234 36,010.26
1.13 JPM JPMORGAN CHASE & CO 2190385 130.55 263 34,334.65
1.07 V VISA INC-CLASS A SHARES B2PZN04 221.95 146 32,404.70
1.00 PG PROCTER & GAMBLE CO/THE 2704407 144.08 211 30,400.88
0.89 MA MASTERCARD INC - A B121557 354.57 76 26,947.32
0.87 HD HOME DEPOT INC 2434209 289.43 91 26,338.13
0.85 SPX US 06/16/23 P3530 3,685.00 7 25,795.00
0.84 CVX CHEVRON CORP 2838555 159.31 159 25,330.29
0.82 ABBV ABBVIE INC B92SR70 156.77 158 24,769.66
0.79 MRK MERCK & CO. INC. 2778844 105.54 227 23,957.58
0.78 AVGO BROADCOM INC BDZ78H9 636.75 37 23,559.75
0.78 LLY ELI LILLY & CO 2516152 331.08 71 23,506.68
0.72 PEP PEPSICO INC 2681511 178.01 123 21,895.23
0.69 KO COCA-COLA CO/THE 2206657 60.32 349 21,051.68
0.68 PFE PFIZER INC 2684703 40.66 503 20,451.98
0.65 COST COSTCO WHOLESALE CORP 2701271 490.85 40 19,634.00
0.64 TMO THERMO FISHER 2886907 556.70 35 19,484.50
0.62 CSCO CISCO SYSTEMS INC 2198163 50.67 368 18,646.56
0.60 BAC BANK OF AMERICA CORP 2295677 28.59 635 18,154.65
0.59 WMT WALMART INC 2936921 140.42 128 17,973.76
0.59 MCD MCDONALD'S CORP 2550707 270.21 66 17,833.86
0.56 CRM SALESFORCE INC 2310525 188.68 90 16,981.20
0.53 DIS WALT DISNEY CO/THE 2270726 96.54 166 16,025.64
0.51 ADBE ADOBE INC 2008154 374.22 41 15,343.02
0.51 ABT ABBOTT LABORATORIES 2002305 98.33 156 15,339.48
0.50 LIN LINDE PLC BNZHB81 341.30 44 15,017.20
0.48 ACN ACCENTURE PLC-CL A B4BNMY3 257.62 57 14,684.34
0.48 DHR DANAHER CORP 2250870 248.38 59 14,654.42
0.48 TXN TEXAS INSTRUMENTS INC 2885409 178.41 81 14,451.21
0.47 VZ VERIZON COMMUNIC 2090571 37.74 381 14,378.94
0.47 NKE NIKE INC -CL B 2640147 125.61 114 14,319.54
0.46 AMD ADVANCED MICRO DEVICES 2007849 95.93 146 14,005.78
0.46 CMCSA COMCAST CORP-CLASS A 2044545 36.99 376 13,908.24
0.45 NEE NEXTERA ENERGY INC 2328915 75.36 180 13,564.80
0.44 PM PHILIP MORRIS IN B2PKRQ3 94.43 141 13,314.63
0.44 WFC WELLS FARGO & CO 2649100 38.48 346 13,314.08
0.43 BMY BRISTOL-MYERS SQUIBB CO 2126335 67.51 193 13,029.43
0.42 RTX RAYTHEON TECHNOL BM5M5Y3 98.01 131 12,839.31
0.42 QCOM QUALCOMM INC 2714923 123.80 102 12,627.60
0.41 UPS UNITED PARCEL-B 2517382 186.79 66 12,328.14
0.40 NFLX NETFLIX INC 2857817 305.79 40 12,231.60
0.40 ORCL ORACLE CORP 2661568 87.58 139 12,173.62
0.40 T AT&T INC 2831811 18.54 646 11,976.84
0.39 HON HONEYWELL INTL 2020459 191.16 61 11,660.76
0.37 COP CONOCOPHILLIPS 2685717 99.71 113 11,267.23
0.37 AMGN AMGEN INC 2023607 232.95 48 11,181.60
0.35 LOW LOWE'S COS INC 2536763 196.79 54 10,626.66
0.35 CAT CATERPILLAR INC 2180201 224.92 47 10,571.24
0.35 INTU INTUIT INC 2459020 422.03 25 10,550.75
0.35 INTC INTEL CORP 2463247 28.46 370 10,530.20
0.35 SBUX STARBUCKS CORP 2842255 100.54 104 10,456.16
0.34 BA BOEING CO/THE 2108601 204.70 51 10,439.70
0.34 UNP UNION PACIFIC CORP 2914734 189.54 55 10,424.70
0.34 MS MORGAN STANLEY 2262314 88.76 117 10,384.92
0.34 IBM IBM 2005973 126.57 82 10,378.74
0.34 ELV ELEVANCE HEALTH INC BSPHGL4 469.70 22 10,333.40
0.33 DE DEERE & CO 2261203 402.59 25 10,064.75
0.33 LMT LOCKHEED MARTIN CORP 2522096 474.76 21 9,969.96
0.33 SPGI S&P GLOBAL INC BYV2325 341.60 29 9,906.40
0.32 GS GOLDMAN SACHS GROUP INC 2407966 317.28 31 9,835.68
0.32 PLD PROLOGIS INC B44WZD7 118.36 83 9,823.88
0.32 MDT MEDTRONIC PLC BTN1Y11 81.23 120 9,747.60
0.30 GE GENERAL ELECTRIC CO BL59CR9 92.18 99 9,125.82
0.30 AMAT APPLIED MATERIALS INC 2046552 120.40 75 9,030.00
0.30 GILD GILEAD SCIENCES INC 2369174 79.14 114 9,021.96
0.30 CVS CVS HEALTH CORP 2577609 75.56 119 8,991.64
0.29 AXP AMERICAN EXPRESS CO 2026082 164.56 54 8,886.24
0.28 BLK BLACKROCK INC 2494504 662.15 13 8,607.95
0.28 ADI ANALOG DEVICES INC 2032067 188.40 45 8,478.00
0.28 SYK STRYKER CORP 2853688 278.12 30 8,343.60
0.28 MDLZ MONDELEZ INTER-A B8CKK03 67.83 123 8,343.09
0.28 AMT AMERICAN TOWER CORP B7FBFL2 198.19 42 8,323.98
0.27 ADP AUTOMATIC DATA PROCESSING 2065308 218.10 38 8,287.80
0.27 SCHW SCHWAB (CHARLES) CORP 2779397 59.47 138 8,206.86
0.26 NOW SERVICENOW INC B80NXX8 445.46 18 8,018.28
0.26 TJX TJX COMPANIES INC 2989301 76.36 105 8,017.80
0.26 PYPL PAYPAL HOLDINGS INC BYW36M8 76.72 103 7,902.16
0.26 C CITIGROUP INC 2297907 45.07 175 7,887.25
0.25 BKNG BOOKING HOLDINGS INC BDRXDB4 2,571.32 3 7,713.96
0.25 TMUS T-MOBILE US INC B94Q9V0 144.67 53 7,667.51
0.25 ISRG INTUITIVE SURGICAL INC 2871301 246.68 31 7,647.08
0.25 REGN REGENERON PHARMACEUTICALS 2730190 759.76 10 7,597.60
0.25 MO ALTRIA GROUP INC 2692632 46.20 162 7,484.40
0.25 CI THE CIGNA GROUP BHJ0775 276.62 27 7,468.74
0.24 PGR PROGRESSIVE CORP 2705024 140.23 52 7,291.96
0.24 MMC MARSH & MCLENNAN COS 2567741 160.42 45 7,218.90
0.24 CB CHUBB LTD B3BQMF6 194.29 37 7,188.73
0.23 ZTS ZOETIS INC B95WG16 166.24 42 6,982.08
0.23 VRTX VERTEX PHARM 2931034 302.66 23 6,961.18
0.22 TGT TARGET CORP 2259101 162.71 41 6,671.11
0.22 DUK DUKE ENERGY CORP B7VD3F2 94.77 70 6,633.90
0.22 SO SOUTHERN CO/THE 2829601 67.13 97 6,511.61
0.21 FISV FISERV INC 2342034 113.04 57 6,443.28
0.21 BSX BOSTON SCIENTIFIC CORP 2113434 48.84 129 6,300.36
0.21 BDX BECTON DICKINSON AND CO 2087807 240.25 26 6,246.50
0.20 SLB SCHLUMBERGER LTD 2779201 48.28 128 6,179.84
0.20 LRCX LAM RESEARCH CORP 2502247 507.36 12 6,088.32
0.20 ETN EATON CORP PLC B8KQN82 166.94 36 6,009.84
0.19 ITW ILLINOIS TOOL WORKS 2457552 235.16 25 5,879.00
0.19 NOC NORTHROP GRUMMAN CORP 2648806 449.98 13 5,849.74
0.19 CME CME GROUP INC 2965839 182.71 32 5,846.72
0.19 CSX CSX CORP 2160753 29.32 198 5,805.36
0.19 AON AON PLC-CLASS A BLP1HW5 304.83 19 5,791.77
0.19 MU MICRON TECHNOLOGY INC 2588184 58.63 98 5,745.74
0.19 EOG EOG RESOURCES INC 2318024 108.62 52 5,648.24
0.18 APD AIR PRODS & CHEM 2011602 278.81 20 5,576.20
0.18 HUM HUMANA INC 2445063 500.87 11 5,509.57
0.18 EQIX EQUINIX INC BVLZX12 687.94 8 5,503.52
0.18 CL COLGATE-PALMOLIVE CO 2209106 72.38 75 5,428.50
0.18 MMM 3M CO 2595708 104.29 52 5,423.08
0.18 CDNS CADENCE DESIGN SYS INC 2302232 207.88 26 5,404.88
0.17 WM WASTE MANAGEMENT INC 2937667 154.51 34 5,253.34
0.17 SNPS SYNOPSYS INC 2867719 374.36 14 5,241.04
0.17 MPC MARATHON PETROLEUM CORP B3K3L40 128.29 40 5,131.60
0.17 ATVI ACTIVISION BLIZZARD INC 2575818 79.75 64 5,104.00
0.17 CCI Crown Castle Inc BTGQCX1 129.49 39 5,050.11
0.17 EL ESTEE LAUDER 2320524 238.50 21 5,008.50
0.17 KLAC KLA CORP 2480138 385.06 13 5,005.78
0.16 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 819.63 6 4,917.78
0.16 HCA HCA HEALTHCARE INC B4MGBG6 258.69 19 4,915.11
0.16 FCX FREEPORT-MCMORAN INC 2352118 38.26 128 4,897.28
0.16 ICE INTERCONTINENTAL BFSSDS9 99.72 49 4,886.28
0.16 CMG CHIPOTLE MEXICAN B0X7DZ3 1,627.96 3 4,883.88
0.16 AZO AUTOZONE INC 2065955 2,394.95 2 4,789.90
0.16 PNC PNC FINANCIAL SE 2692665 131.62 36 4,738.32
0.16 MRNA MODERNA INC BGSXTS3 152.10 31 4,715.10
0.15 SHW SHERWIN-WILLIAMS CO/THE 2804211 220.80 21 4,636.80
0.15 VLO VALERO ENERGY CORP 2041364 132.19 35 4,626.65
0.15 FDX FEDEX CORP 2142784 219.83 21 4,616.43
0.15 USB US BANCORP 2736035 37.52 122 4,577.44
0.15 MCK MCKESSON CORP 2378534 347.47 13 4,517.11
0.15 EW EDWARDS LIFESCIENCES CORP 2567116 81.73 55 4,495.15
0.15 GM GENERAL MOTORS CO B665KZ5 35.10 127 4,457.70
0.15 GD GENERAL DYNAMICS CORP 2365161 222.37 20 4,447.40
0.15 PSA PUBLIC STORAGE 2852533 292.92 15 4,393.80
0.14 EMR EMERSON ELECTRIC CO 2313405 83.99 52 4,367.48
0.14 NSC NORFOLK SOUTHERN CORP 2641894 205.39 21 4,313.19
0.14 ROP ROPER TECHNOLOGIES INC 2749602 430.44 10 4,304.40
0.14 DG DOLLAR GENERAL CORP B5B1S13 210.09 20 4,201.80
0.14 GIS GENERAL MILLS INC 2367026 80.75 52 4,199.00
0.14 DXCM DEXCOM INC B0796X4 118.98 35 4,164.30
0.14 MCO MOODY'S CORP 2252058 297.09 14 4,159.26
0.14 NXPI NXP SEMICONDUCTORS NV B505PN7 180.46 23 4,150.58
0.14 PXD PIONEER NATURAL 2690830 195.34 21 4,102.14
0.14 AEP AMERICAN ELECTRIC POWER 2026242 88.90 46 4,089.40
0.13 SRE SEMPRA ENERGY 2138158 145.59 28 4,076.52
0.13 APH AMPHENOL CORP-CL A 2145084 78.37 52 4,075.24
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 271.66 15 4,074.90
0.13 D DOMINION ENERGY INC 2542049 54.09 75 4,056.75
0.13 ADM ARCHER-DANIELS-MIDLAND CO 2047317 77.69 52 4,039.88
0.13 ANET ARISTA NETWORKS INC BN33VM5 168.08 24 4,033.92
0.13 MCHP MICROCHIP TECHNOLOGY INC 2592174 82.29 49 4,032.21
0.13 F FORD MOTOR CO 2615468 11.72 344 4,031.68
0.13 MAR MARRIOTT INTL-A 2210614 167.76 24 4,026.24
0.13 PSX PHILLIPS 66 B78C4Y8 95.55 42 4,013.10
0.13 TFC TRUIST FINANCIAL CORP BKP7287 33.70 118 3,976.60
0.13 IDXX IDEXX LABORATORIES INC 2459202 495.40 8 3,963.20
0.13 ADSK AUTODESK INC 2065159 207.15 19 3,935.85
0.13 OXY OCCIDENTAL PETROLEUM CORP 2655408 60.24 65 3,915.60
0.13 PH PARKER HANNIFIN CORP 2671501 326.21 12 3,914.52
0.13 MSCI MSCI INC B2972D2 554.33 7 3,880.31
0.13 KMB KIMBERLY-CLARK CORP 2491839 128.02 30 3,840.60
0.12 CTVA CORTEVA INC BK73B42 58.51 64 3,744.64
0.12 JCI JOHNSON CONTROLS BY7QL61 59.67 62 3,699.54
0.12 HLT HILTON WORLDWIDE BYVMW06 140.86 26 3,662.36
0.12 TT TRANE TECHNOLOGIES PLC BK9ZQ96 183.04 20 3,660.80
0.12 FTNT FORTINET INC B5B2106 62.46 58 3,622.68
0.12 EXC EXELON CORP 2670519 40.68 89 3,620.52
0.12 TRV TRAVELERS COS INC/THE 2769503 171.75 21 3,606.75
0.12 TDG TRANSDIGM GROUP INC B11FJK3 716.46 5 3,582.30
0.12 A AGILENT TECHNOLOGIES INC 2520153 137.01 26 3,562.26
0.12 CTAS CINTAS CORP 2197137 443.12 8 3,544.96
0.12 IQV IQVIA HOLDINGS INC BDR73G1 196.76 18 3,541.68
0.12 MNST MONSTER BEVERAGE CORP BZ07BW4 103.79 34 3,528.86
0.12 TEL TE CONNECTIVITY LTD B62B7C3 125.42 28 3,511.76
0.12 AJG ARTHUR J GALLAGHER & CO 2359506 183.88 19 3,493.72
0.12 ECL ECOLAB INC 2304227 157.79 22 3,471.38
0.11 BIIB BIOGEN INC 2455965 266.15 13 3,459.95
0.11 AIG AMERICAN INTERNA 2027342 51.25 67 3,433.75
0.11 O REALTY INCOME CORP 2724193 61.27 56 3,431.12
0.11 MET METLIFE INC 2573209 58.53 58 3,394.74
0.11 SYY SYSCO CORP 2868165 75.20 45 3,384.00
0.11 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 197.80 17 3,362.60
0.11 NUE NUCOR CORP 2651086 152.10 22 3,346.20
0.11 CARR CARRIER GLOBAL CORP BK4N0D7 45.20 74 3,344.80
0.11 CNC CENTENE CORP 2807061 65.29 51 3,329.79
0.11 CASH 1.00 3,311 3,310.52
0.11 PCAR PACCAR INC 2665861 71.44 46 3,286.24
0.11 DOW DOW INC BHXCF84 52.06 63 3,279.78
0.11 NEM NEWMONT CORP 2636607 46.60 70 3,262.00
0.11 AFL AFLAC INC 2026361 64.70 50 3,235.00
0.11 COF CAPITAL ONE FINA 2654461 94.56 34 3,215.04
0.11 YUM YUM! BRANDS INC 2098876 128.55 25 3,213.75
0.11 XEL XCEL ENERGY INC 2614807 65.50 49 3,209.50
0.11 WMB WILLIAMS COS INC 2967181 29.18 109 3,180.62
0.11 CHTR CHARTER COMMUN-A BZ6VT82 352.29 9 3,170.61
0.10 SPG SIMON PROPERTY GROUP INC 2812452 109.12 29 3,164.48
0.10 HSY HERSHEY CO/THE 2422806 243.19 13 3,161.47
0.10 HES HESS CORP 2023748 126.09 25 3,152.25
0.10 ROST ROSS STORES INC 2746711 104.14 30 3,124.20
0.10 ON ON SEMICONDUCTOR 2583576 81.35 38 3,091.30
0.10 PAYX PAYCHEX INC 2674458 110.29 28 3,088.12
0.10 VICI VICI PROPERTIES INC BYWH073 31.14 99 3,082.86
0.10 DD DUPONT DE NEMOURS INC BK0VN47 69.67 44 3,065.48
0.10 CMI CUMMINS INC 2240202 234.37 13 3,046.81
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 82.31 37 3,045.47
0.10 STZ CONSTELLATION-A 2170473 216.17 14 3,026.38
0.10 ODFL OLD DOMINION FREIGHT LINE 2656423 336.15 9 3,025.35
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 301.97 10 3,019.70
0.10 MTD METTLER-TOLEDO 2126249 1,500.22 2 3,000.44
0.10 CPRT COPART INC 2208073 71.17 42 2,989.14
0.10 EA ELECTRONIC ARTS INC 2310194 114.94 26 2,988.44
0.10 ED CONSOLIDATED EDISON INC 2216850 93.19 32 2,982.08
0.10 BK BANK NY MELLON B1Z77F6 45.14 65 2,934.10
0.10 WBD WARNER BROS DISCOVERY INC BM8JYX3 15.09 194 2,927.46
0.10 ALL ALLSTATE CORP 2019952 112.54 26 2,926.04
0.10 PPG PPG INDUSTRIES INC 2698470 126.60 23 2,911.80
0.10 KMI KINDER MORGAN INC B3NQ4P8 16.82 172 2,893.04
0.10 ILMN ILLUMINA INC 2613990 221.61 13 2,880.93
0.09 DVN DEVON ENERGY CORP 2480677 49.06 58 2,845.48
0.09 ROK ROCKWELL AUTOMATION INC 2754060 283.16 10 2,831.60
0.09 FIS FIDELITY NATIONA 2769796 53.09 53 2,813.77
0.09 AME AMETEK INC 2089212 140.07 20 2,801.40
0.09 RMD RESMED INC 2732903 213.87 13 2,780.31
0.09 KR KROGER CO 2497406 47.76 58 2,770.08
0.09 GWW WW GRAINGER INC 2380863 680.82 4 2,723.28
0.09 PRU PRUDENTIAL FINANCIAL INC 2819118 82.45 33 2,720.85
0.09 FAST FASTENAL CO 2332262 53.14 51 2,710.14
0.09 WELL WELLTOWER INC BYVYHH4 69.39 39 2,706.21
0.09 KHC KRAFT HEINZ CO/THE BYRY499 38.04 71 2,700.84
0.09 ENPH ENPHASE ENERGY INC B65SQW4 207.63 13 2,699.19
0.09 DLTR DOLLAR TREE INC 2272476 140.98 19 2,678.62
0.09 ALB ALBEMARLE CORP 2046853 222.93 12 2,675.16
0.09 APTV APTIV PLC B783TY6 110.98 24 2,663.52
0.09 CTSH COGNIZANT TECH-A 2257019 59.18 45 2,663.10
0.09 KDP KEURIG DR PEPPER INC BD3W133 35.15 75 2,636.25
0.09 ULTA ULTA BEAUTY INC B28TS42 515.91 5 2,579.55
0.08 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 76.52 33 2,525.16
0.08 DHI DR HORTON INC 2250687 96.84 26 2,517.84
0.08 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 157.25 16 2,516.00
0.08 ANSS ANSYS INC 2045623 314.42 8 2,515.36
0.08 IT GARTNER INC 2372763 314.06 8 2,512.48
0.08 ABC AMERISOURCEBERGEN CORP 2795393 156.04 16 2,496.64
0.08 BKR BAKER HUGHES CO BDHLTQ5 28.04 89 2,495.56
0.08 HAL HALLIBURTON CO 2405302 31.94 78 2,491.32
0.08 OKE ONEOK INC 2130109 61.87 40 2,474.80
0.08 GPN GLOBAL PAYMENTS INC 2712013 102.45 24 2,458.80
0.08 PEG PUB SERV ENTERP 2707677 58.53 42 2,458.26
0.08 STT STATE STREET CORP 2842040 76.72 32 2,455.04
0.08 DLR DIGITAL REALTY TRUST INC B03GQS4 97.83 25 2,445.75
0.08 CSGP COSTAR GROUP INC 2262864 67.86 36 2,442.96
0.08 TROW T ROWE PRICE GROUP INC 2702337 110.48 22 2,430.56
0.08 ZBH ZIMMER BIOMET HO 2783815 127.79 19 2,428.01
0.08 VRSK VERISK ANALYTICS INC B4P9W92 186.10 13 2,419.30
0.08 URI UNITED RENTALS INC 2134781 398.29 6 2,389.74
0.08 WEC WEC ENERGY GROUP INC BYY8XK8 91.91 26 2,389.66
0.08 DFS DISCOVER FINANCI B1YLC43 98.34 24 2,360.16
0.08 RSG REPUBLIC SERVICES INC 2262530 130.61 18 2,350.98
0.08 CDW CDW CORP/DE BBM5MD6 194.49 12 2,333.88
0.08 ES EVERSOURCE ENERGY BVVN4Q8 74.92 31 2,322.52
0.08 EIX EDISON INTERNATIONAL 2829515 67.81 34 2,305.54
0.08 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 88.48 26 2,300.48
0.08 SBAC SBA COMMUNICATIONS CORP BZ6TS23 254.84 9 2,293.56
0.08 ALGN ALIGN TECHNOLOGY INC 2679204 327.64 7 2,293.48
0.08 LEN LENNAR CORP-A 2511920 103.47 22 2,276.34
0.08 PCG P G & E CORP 2689560 15.97 142 2,267.74
0.07 GLW CORNING INC 2224701 33.67 67 2,255.89
0.07 EBAY EBAY INC 2293819 43.75 51 2,231.25
0.07 AWK AMERICAN WATER W B2R3PV1 138.86 16 2,221.76
0.07 CEG CONSTELLATION ENERGY BMH4FS1 76.52 29 2,219.08
0.07 AEE AMEREN CORPORATION 2050832 83.74 26 2,177.24
0.07 HPQ HP INC BYX4D52 28.61 76 2,174.36
0.07 MTB M & T BANK CORP 2340168 127.55 17 2,168.35
0.07 VMC VULCAN MATERIALS CO 2931205 166.14 13 2,159.82
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 67.21 32 2,150.72
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 235.67 9 2,121.03
0.07 WBA WALGREENS BOOTS BTN1Y44 33.54 63 2,113.02
0.07 HOLX HOLOGIC INC 2433530 79.77 26 2,074.02
0.07 WTW WILLIS TOWERS WATSON PLC BDB6Q21 229.78 9 2,068.02
0.07 CLX CLOROX COMPANY 2204026 156.73 13 2,037.49
0.07 EFX EQUIFAX INC 2319146 202.92 10 2,029.20
0.07 MLM MARTIN MARIETTA MATERIALS 2572079 335.16 6 2,010.96
0.07 WST WEST PHARMACEUT 2950482 335.03 6 2,010.18
0.07 EQR EQUITY RESIDENTIAL 2319157 57.43 35 2,010.05
0.07 MPWR MONOLITHIC POWER B01Z7J1 498.44 4 1,993.76
0.07 GPC GENUINE PARTS CO 2367480 165.92 12 1,991.04
0.07 DRI DARDEN RESTAURANTS INC 2289874 152.43 13 1,981.59
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 130.62 15 1,959.30
0.07 IR INGERSOLL-RAND INC BL5GZ82 55.90 35 1,956.50
0.07 PODD INSULET CORP B1XGNW4 326.03 6 1,956.18
0.06 CBRE CBRE GROUP INC - A B6WVMH3 75.17 26 1,954.42
0.06 WY WEYERHAEUSER CO 2958936 29.84 65 1,939.60
0.06 PWR QUANTA SERVICES INC 2150204 161.62 12 1,939.44
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 161.08 12 1,932.96
0.06 FTV FORTIVE CORP BYT3MK1 65.94 29 1,912.26
0.06 EXR EXTRA SPACE STORAGE INC B02HWR9 158.66 12 1,903.92
0.06 DAL DELTA AIR LINES INC B1W9D46 33.89 56 1,897.84
0.06 FE FIRSTENERGY CORP 2100920 39.38 48 1,890.24
0.06 FSLR FIRST SOLAR INC B1HMF22 209.25 9 1,883.25
0.06 CAH CARDINAL HEALTH INC 2175672 72.26 26 1,878.76
0.06 IFF INTL FLAVORS & FRAGRANCES 2464165 84.66 22 1,862.52
0.06 STE STERIS PLC BFY8C75 184.49 10 1,844.90
0.06 VTR VENTAS INC 2927925 43.90 42 1,843.80
0.06 HIG HARTFORD FINL SV 2476193 69.56 26 1,808.56
0.06 DTE DTE ENERGY COMPANY 2280220 106.29 17 1,806.93
0.06 SEDG SOLAREDGE TECHNO BWC52Q6 296.51 6 1,779.06
0.06 CHD CHURCH & DWIGHT CO INC 2195841 84.54 21 1,775.34
0.06 LH LABORATORY CP 2586122 221.31 8 1,770.48
0.06 ETR ENTERGY CORP 2317087 103.15 17 1,753.55
0.06 BAX BAXTER INTERNATIONAL INC 2085102 39.61 44 1,742.84
0.06 PPL PPL CORP 2680905 26.78 64 1,713.92
0.06 DOV DOVER CORP 2278407 142.21 12 1,706.52
0.06 TDY TELEDYNE TECHNOLOGIES INC 2503477 424.56 4 1,698.24
0.06 K KELLOGG CO 2486813 65.15 26 1,693.90
0.06 STLD STEEL DYNAMICS INC 2849472 111.05 15 1,665.75
0.06 TTWO TAKE-TWO INTERAC 2122117 118.59 14 1,660.26
0.05 HPE HEWLETT PACKA BYVYWS0 14.75 112 1,652.00
0.05 FITB FIFTH THIRD BANCORP 2336747 27.39 60 1,643.40
0.05 RJF RAYMOND JAMES 2718992 95.13 17 1,617.21
0.05 LUV SOUTHWEST AIRLINES CO 2831543 31.04 52 1,614.08
0.05 VRSN VERISIGN INC 2142922 200.60 8 1,604.80
0.05 MKC MCCORMICK-N/V 2550161 72.79 22 1,601.38
0.05 ARE ALEXANDRIA REAL 2009210 122.97 13 1,598.61
0.05 HWM HOWMET AEROSPACE INC BKLJ8V2 40.55 39 1,581.45
0.05 FMC FMC CORP 2328603 121.53 13 1,579.89
0.05 XYL XYLEM INC B3P2CN8 98.52 16 1,576.32
0.05 NTRS NORTHERN TRUST CORP 2648668 87.25 18 1,570.50
0.05 WAB WABTEC CORP 2955733 97.94 16 1,567.04
0.05 MRO MARATHON OIL CORP 2910970 22.96 68 1,561.28
0.05 CINF CINCINNATI FINANCIAL CORP 2196888 111.27 14 1,557.78
0.05 AVY AVERY DENNISON CORP 2066408 172.38 9 1,551.42
0.05 WAT WATERS CORP 2937689 308.63 5 1,543.15
0.05 RF REGIONS FINANCIAL CORP B01R311 18.98 81 1,537.38
0.05 CTRA COTERRA ENERGY INC 2162340 24.13 63 1,520.19
0.05 SWKS SKYWORKS SOLUTIONS INC 2961053 116.77 13 1,517.95
0.05 INVH INVITATION HOMES INC BD81GW9 30.19 50 1,509.50
0.05 PFG PRINCIPAL FINANCIAL GROUP 2803014 75.14 20 1,502.80
0.05 CMS CMS ENERGY CORP 2219224 59.95 25 1,498.75
0.05 J JACOBS SOLUTIONS INC BNGC0D3 114.89 13 1,493.57
0.05 XSP US 06/16/23 P353 370.50 4 1,482.00
0.05 CNP CENTERPOINT ENERGY INC 2440637 28.24 52 1,468.48
0.05 ETSY ETSY INC BWTN5N1 112.71 13 1,465.23
0.05 NDAQ NASDAQ INC 2965107 54.01 27 1,458.27
0.05 TSN TYSON FOODS INC-CL A 2909730 58.23 25 1,455.75
0.05 OMC OMNICOM GROUP 2279303 89.90 16 1,438.40
0.05 LKQ LKQ CORP 2971029 55.22 26 1,435.72
0.05 LVS LAS VEGAS SANDS CORP B02T2J7 55.16 26 1,434.16
0.05 BALL BALL CORP 2073022 52.67 27 1,422.09
0.05 CAG CONAGRA BRANDS INC 2215460 36.42 39 1,420.38
0.05 AMCR AMCOR PLC BJ1F307 10.99 129 1,417.71
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 11.24 126 1,416.24
0.05 RE EVEREST RE GROUP LTD 2556868 353.75 4 1,415.00
0.05 COO COOPER COS INC/THE 2222631 350.83 4 1,403.32
0.05 EPAM EPAM SYSTEMS INC B44Z3T8 279.66 5 1,398.30
0.05 FICO FAIR ISAAC CORP 2330299 696.88 2 1,393.76
0.05 SJM JM SMUCKER CO/THE 2951452 154.11 9 1,386.99
0.05 POOL POOL CORP 2781585 346.72 4 1,386.88
0.05 TER TERADYNE INC 2884183 106.36 13 1,382.68
0.05 PKI PERKINELMER INC 2305844 125.55 11 1,381.05
0.05 EXPD EXPEDITORS INTL WASH INC 2325507 105.90 13 1,376.70
0.05 IP INTERNATIONAL PAPER CO 2465254 35.24 39 1,374.36
0.05 BR BROADRIDGE FINL B1VP7R6 136.93 10 1,369.30
0.05 BG BUNGE LTD 2788713 97.20 14 1,360.80
0.05 DGX QUEST DIAGNOSTICS INC 2702791 135.91 10 1,359.10
0.05 LNT ALLIANT ENERGY CORP 2973821 52.01 26 1,352.26
0.04 TRGP TARGA RESOURCES CORP B55PZY3 70.95 19 1,348.05
0.04 IEX IDEX CORP 2456612 222.51 6 1,335.06
0.04 MAS MASCO CORP 2570200 51.30 26 1,333.80
0.04 MOH MOLINA HEALTHCARE INC 2212706 266.24 5 1,331.20
0.04 PKG PACKAGING CORP OF AMERICA 2504566 132.96 10 1,329.60
0.04 ATO ATMOS ENERGY CORP 2315359 110.21 12 1,322.52
0.04 MOS MOSAIC CO/THE B3NPHP6 45.37 29 1,315.73
0.04 BBY BEST BUY CO INC 2094670 76.85 17 1,306.45
0.04 MAA MID-AMERICA APAR 2589132 144.89 9 1,304.01
0.04 TRMB TRIMBLE INC 2903958 49.90 26 1,297.40
0.04 CFG CITIZENS FINANCIAL GROUP BQRX1X3 33.02 39 1,287.78
0.04 IRM IRON MOUNTAIN INC BVFTF03 51.21 25 1,280.25
0.04 GRMN GARMIN LTD B3Z5T14 97.36 13 1,265.68
0.04 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 210.63 6 1,263.78
0.04 AES AES CORP 2002479 22.97 55 1,263.35
0.04 EXPE EXPEDIA GROUP INC B748CK2 96.75 13 1,257.75
0.04 FDS FACTSET RESEARCH 2329770 419.20 3 1,257.60
0.04 CHRW CH ROBINSON 2116228 96.62 13 1,256.06
0.04 BWA BORGWARNER INC 2111955 47.21 26 1,227.46
0.04 JKHY JACK HENRY 2469193 152.17 8 1,217.36
0.04 RCL ROYAL CARIBBEAN 2754907 63.39 19 1,204.41
0.04 LW LAMB WESTON HOLDINGS INC BDQZFJ3 99.65 12 1,195.80
0.04 CF CF INDUSTRIES HO B0G4K50 74.69 16 1,195.04
0.04 JBHT HUNT (JB) TRANS 2445416 170.38 7 1,192.66
0.04 EVRG EVERGY INC BFMXGR0 58.95 20 1,179.00
0.04 ZBRA ZEBRA TECH CORP 2989356 294.43 4 1,177.72
0.04 IPG INTERPUBLIC GRP 2466321 35.39 33 1,167.87
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 29.90 39 1,166.10
0.04 NTAP NETAPP INC 2630643 64.19 18 1,155.42
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 128.38 9 1,155.42
0.04 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 384.50 3 1,153.50
0.04 MGM MGM RESORTS INTERNATIONAL 2547419 42.68 27 1,152.36
0.04 UAL UNITED AIRLINES B4QG225 44.26 26 1,150.76
0.04 WRB WR BERKLEY CORP 2093644 62.50 18 1,125.00
0.04 BRO BROWN & BROWN INC 2692687 55.79 20 1,115.80
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 92.64 12 1,111.68
0.04 PAYC PAYCOM SOFTWARE INC BL95MY0 277.35 4 1,109.40
0.04 TXT TEXTRON INC 2885937 68.70 16 1,099.20
0.04 PTC PTC INC B95N910 120.39 9 1,083.51
0.04 EMN EASTMAN CHEMICAL CO 2298386 81.59 13 1,060.67
0.04 PHM PULTEGROUP INC 2708841 55.82 19 1,060.58
0.04 BF/B BROWN-FORMAN CORP-CLASS B 2146838 62.38 17 1,060.46
0.03 NDSN NORDSON CORP 2641838 208.79 5 1,043.95
0.03 ESS ESSEX PROPERTY TRUST INC 2316619 206.14 5 1,030.70
0.03 KEY KEYCORP 2490911 12.76 80 1,020.80
0.03 UDR UDR INC 2727910 39.23 26 1,019.98
0.03 UHS UNIVERSAL HLTH-B 2923785 125.88 8 1,007.04
0.03 PNW PINNACLE WEST CAPITAL 2048804 77.40 13 1,006.20
0.03 CTLT CATALENT INC BP96PQ4 66.78 15 1,001.70
0.03 VTRS VIATRIS INC BMWS3X9 9.65 103 993.95
0.03 STX SEAGATE TECHNOLO BKVD2N4 62.10 16 993.60
0.03 TYL TYLER TECHNOLOGIES INC 2909644 329.57 3 988.71
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 75.70 13 984.10
0.03 TFX TELEFLEX INC 2881407 244.87 4 979.48
0.03 WYNN WYNN RESORTS LTD 2963811 108.19 9 973.71
0.03 KIM KIMCO REALTY CORP 2491594 18.22 53 965.66
0.03 HRL HORMEL FOODS CORP 2437264 38.51 25 962.75
0.03 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 20.90 46 961.40
0.03 EQT EQT CORP 2319414 31.00 31 961.00
0.03 BIO BIO-RAD LABORATORIES-A 2098508 480.29 2 960.58
0.03 TECH BIO-TECHNE CORP BSHZ3Q0 73.85 13 960.05
0.03 SNA SNAP-ON INC 2818740 239.08 4 956.32
0.03 SWK STANLEY BLACK & B3Q2FJ4 79.67 12 956.04
0.03 INCY INCYTE CORP 2471950 73.49 13 955.37
0.03 DPZ DOMINO'S PIZZA INC B01SD70 317.64 3 952.92
0.03 HST HOST HOTELS & RESORTS INC 2567503 15.85 60 951.00
0.03 APA APA CORP BNNF1C1 35.04 27 946.08
0.03 BBWI BATH & BODY WORKS INC BNNTGJ5 35.77 26 930.02
0.03 WDC WESTERN DIGITAL CORP 2954699 35.47 26 922.22
0.03 MTCH MATCH GROUP INC BK80XH9 38.35 24 920.40
0.03 CPT CAMDEN PROPERTY TRUST 2166320 102.19 9 919.71
0.03 CDAY CERIDIAN HCM HOLDING INC BFX1V56 70.68 13 918.84
0.03 NI NISOURCE INC 2645409 26.98 34 917.32
0.03 HSIC HENRY SCHEIN INC 2416962 80.24 11 882.64
0.03 GL GLOBE LIFE INC BK6YKG1 109.89 8 879.12
0.03 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 21.25 41 871.25
0.03 JNPR JUNIPER NETWORKS INC 2431846 32.14 27 867.78
0.03 NRG NRG ENERGY INC 2212922 33.19 26 862.94
0.03 FOXA FOX CORP - CLASS A BJJMGL2 33.73 25 843.25
0.03 CE CELANESE CORP B05MZT4 105.17 8 841.36
0.03 GEN GEN DIGITAL INC BJN4XN5 17.06 49 835.94
0.03 LYV LIVE NATION ENTE B0T7YX2 69.23 12 830.76
0.03 CCL CARNIVAL CORP 2523044 9.12 91 829.92
0.03 TPR TAPESTRY INC BF09HX3 41.45 20 829.00
0.03 QRVO QORVO INC BR9YYP4 100.92 8 807.36
0.03 CZR CAESARS ENTERTAINMENT INC BMWWGB0 44.45 18 800.10
0.03 CRL CHARLES RIVER LA 2604336 198.67 4 794.68
0.03 KMX CARMAX INC 2983563 59.12 13 768.56
0.03 AAL AMERICAN AIRLINE BCV7KT2 14.37 53 761.61
0.03 REG REGENCY CENTERS CORP 2726177 58.09 13 755.17
0.03 ALLE ALLEGION PLC BFRT3W7 106.92 7 748.44
0.02 L LOEWS CORP 2523022 56.02 13 728.26
0.02 CPB CAMPBELL SOUP CO 2162845 54.08 13 703.04
0.02 RHI ROBERT HALF INTL INC 2110703 77.26 9 695.34
0.02 PNR PENTAIR PLC BLS09M3 52.80 13 686.40
0.02 AOS SMITH (A.O.) CORP 2816023 66.92 10 669.20
0.02 TAP MOLSON COORS-B B067BM3 50.91 13 661.83
0.02 BXP BOSTON PROPERTIES INC 2019479 53.59 12 643.08
0.02 XRAY DENTSPLY SIRONA INC BYNPPC6 37.71 17 641.07
0.02 BEN FRANKLIN RESOURCES INC 2350684 26.94 23 619.62
0.02 HII HUNTINGTON INGAL B40SSC9 205.53 3 616.59
0.02 WRK WESTROCK CO BYR0914 28.56 21 599.76
0.02 AAP ADVANCE AUTO PARTS INC 2822019 119.79 5 598.95
0.02 ROL ROLLINS INC 2747305 36.77 16 588.32
0.02 VFC VF CORP 2928683 21.60 27 583.20
0.02 FFIV F5 INC 2427599 144.83 4 579.32
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 114.73 5 573.65
0.02 SEE SEALED AIR CORP 2232793 44.97 12 539.64
0.02 CMA COMERICA INC 2212870 48.63 11 534.93
0.02 WHR WHIRLPOOL CORP 2960384 130.99 4 523.96
0.02 HAS HASBRO INC 2414580 49.73 10 497.30
0.02 NWSA NEWS CORP - CLASS A BBGVT40 16.21 30 486.30
0.02 FRT FEDERAL REALTY INVS TRUST BN7P9B2 94.74 5 473.70
0.02 AIZ ASSURANT INC 2331430 116.44 4 465.76
0.02 OGN ORGANON & CO BLDC8J4 22.38 20 447.60
0.01 DXC DXC TECHNOLOGY CO BYXD7B3 24.03 18 432.54
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 12.88 33 425.04
0.01 IVZ INVESCO LTD B28XP76 16.02 26 416.52
0.01 ALK ALASKA AIR GROUP INC 2012605 40.56 10 405.60
0.01 MHK MOHAWK INDUSTRIES INC 2598699 98.75 4 395.00
0.01 ZION ZIONS BANCORP NA 2989828 32.29 12 387.48
0.01 RL RALPH LAUREN CORP B4V9661 114.53 3 343.59
0.01 NWL NEWELL BRANDS INC 2635701 11.68 28 327.04
0.01 DVA DAVITA INC 2898087 78.20 4 312.80
0.01 FOX FOX CORP - CLASS B BJJMGY5 31.03 10 310.30
0.01 FRC FIRST REPUBLIC BANK/CA B4WHY15 15.77 16 252.32
0.01 LNC LINCOLN NATIONAL CORP 2516378 22.53 11 247.83
0.01 DISH DISH NETWORK CORP-A 2303581 9.58 17 162.86
0.00 NWS NEWS CORP - CLASS B BBGVT51 16.30 6 97.80
0.00 SBNY SIGNATURE BANK B00JQL9 0.01 5 0.05
0.00 SIVB SVB FINANCIAL GROUP 2808053 0.01 5 0.05
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 03/21/23

Return on Equity 20.10%
Weighted Avg. Market Cap 475,315 M
2022 2023
Price-to-earnings 18.09 17.89
Price-to-book value 3.85 3.37

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.77
MSCI EAFE 0.69
MSCI Emg. Mkts 0.48
Standard Deviation 17.10%

Source: AltaVista Research, LLC

ETF Research

The Case for Tail Risk 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 XTR to loss due to adverse occurrences that may affect that industry or sector. Investors in XTR 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 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.

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.

Back to Top