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 04/22/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.58 million
NAV $28.61
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 04/22/24

Ticker XCLR
Bloomberg Index Ticker CLL3M
CUSIP 37960A305
ISIN US37960A3059
Primary Exchange NYSE Arca
Shares Outstanding 90,000
Number of Holdings 506
30-Day Median Bid-Ask Spread 0.31%

Distributions As of 04/22/24

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 04/22/24

NAV $28.61 Daily Change $0.12 0.42%
Market Price $28.57 Daily Change $0.10 0.35%

Performance History

As of recent month & quarter-end (03/31/24)
As of recent month & quarter-end (03/31/24)
Fund NAV Market Price Index
1 Year 21.78% 21.97% 22.29%
Since Inception 4.97% 4.97% 5.41%
1 Year 21.78% 21.97% 22.29%
Since Inception 4.97% 4.97% 5.41%
Year-to-Date 9.19% 9.27% 9.27%
1 Month 2.73% 2.70% 2.71%
3 Months 9.19% 9.27% 9.27%
Since Inception 13.44% 13.44% 14.69%
Year-to-Date 9.19% 9.27% 9.27%
1 Month 2.73% 2.70% 2.71%
3 Months 9.19% 9.27% 9.27%
Since Inception 13.44% 13.44% 14.69%

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 04/22/24

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$2,004,240 5650 12.76% 06/21/2024 60
Short S&P 500 Mini Call Option -$501,060 565 12.76% 06/21/2024 60

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long S&P 500 Put Option $2,004,240 4875 -2.71% 06/21/2024 60
Long S&P 500 Mini Put Option $501,060 488 -2.61% 06/21/2024 60

Top Holdings As of 04/22/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.99 MSFT MICROSOFT CORP 2588173 400.96 449 180,031.04
5.65 AAPL APPLE INC 2046251 165.84 878 145,607.52
4.60 NVDA NVIDIA CORP 2379504 795.18 149 118,481.82
3.81 AMZN AMAZON.COM INC 2000019 177.23 553 98,008.19
2.49 META META PLATFORMS INC B7TL820 481.73 133 64,070.09
2.17 GOOGL ALPHABET INC-CL A BYVY8G0 156.28 358 55,948.24
1.84 GOOG ALPHABET INC-CL C BYY88Y7 157.95 300 47,385.00
1.75 BRK/B BERKSHIRE HATH-B 2073390 408.78 110 44,965.80
1.36 LLY ELI LILLY & CO 2516152 731.33 48 35,103.84
1.28 AVGO BROADCOM INC BDZ78H9 1,224.46 27 33,060.42
1.28 JPM JPMORGAN CHASE & CO 2190385 189.41 174 32,957.34
1.13 XOM EXXON MOBIL CORP 2326618 120.56 241 29,054.96
1.07 UNH UNITEDHEALTH GROUP INC 2917766 491.23 56 27,508.88
1.03 V VISA INC-CLASS A SHARES B2PZN04 272.33 97 26,416.01
0.95 SPX US 06/21/24 P4875 6,100.00 4 24,400.00
0.93 TSLA TESLA INC B616C79 142.05 168 23,864.40
0.89 PG PROCTER & GAMBLE CO/THE 2704407 160.54 143 22,957.22
0.89 MA MASTERCARD INC - A B121557 456.75 50 22,837.50
0.85 JNJ JOHNSON & JOHNSON 2475833 149.12 146 21,771.52
0.80 HD HOME DEPOT INC 2434209 336.11 61 20,502.71
0.76 MRK MERCK & CO. INC. 2778844 126.94 155 19,675.70
0.75 COST COSTCO WHOLESALE CORP 2701271 715.46 27 19,317.42
0.70 ABBV ABBVIE INC B92SR70 167.89 108 18,132.12
0.66 CVX CHEVRON CORP 2838555 161.92 105 17,001.60
0.63 CRM SALESFORCE INC 2310525 273.81 59 16,154.79
0.61 BAC BANK OF AMERICA CORP 2295677 37.73 418 15,771.14
0.61 WMT WALMART INC 2936921 60.14 261 15,696.54
0.58 PEP PEPSICO INC 2681511 176.46 84 14,822.64
0.57 AMD ADVANCED MICRO DEVICES 2007849 148.64 98 14,566.72
0.56 NFLX NETFLIX INC 2857817 554.60 26 14,419.60
0.56 KO COCA-COLA CO/THE 2206657 60.55 236 14,289.80
0.52 WFC WELLS FARGO & CO 2649100 61.10 219 13,380.90
0.51 ADBE ADOBE INC 2008154 466.89 28 13,072.92
0.50 LIN LINDE PLC BNZHB81 446.97 29 12,962.13
0.49 TMO THERMO FISHER 2886907 548.38 23 12,612.74
0.48 DIS WALT DISNEY CO/THE 2270726 111.99 111 12,430.89
0.47 MCD MCDONALD'S CORP 2550707 275.58 44 12,125.52
0.47 ACN ACCENTURE PLC-CL A B4BNMY3 317.42 38 12,061.96
0.46 CSCO CISCO SYSTEMS INC 2198163 48.14 247 11,890.58
0.44 ABT ABBOTT LABORATORIES 2002305 107.07 105 11,242.35
0.43 CAT CATERPILLAR INC 2180201 357.61 31 11,085.91
0.43 ORCL ORACLE CORP 2661568 114.53 96 10,994.88
0.42 QCOM QUALCOMM INC 2714923 160.18 68 10,892.24
0.40 INTU INTUIT INC 2459020 609.77 17 10,366.09
0.39 IBM IBM 2005973 181.90 55 10,004.50
0.39 GE GE AEROSPACE BL59CR9 150.19 66 9,912.54
0.38 VZ VERIZON COMMUNIC 2090571 38.60 255 9,843.00
0.38 CMCSA COMCAST CORP-CLASS A 2044545 40.57 241 9,777.37
0.38 AMAT APPLIED MATERIALS INC 2046552 189.46 51 9,662.46
0.37 DHR DANAHER CORP 2250870 236.08 40 9,443.20
0.36 COP CONOCOPHILLIPS 2685717 129.33 72 9,311.76
0.35 PFE PFIZER INC 2684703 26.26 343 9,007.18
0.35 TXN TEXAS INSTRUMENTS INC 2885409 163.43 55 8,988.65
0.35 UNP UNION PACIFIC CORP 2914734 234.47 38 8,909.86
0.34 INTC INTEL CORP 2463247 34.41 257 8,843.37
0.34 PM PHILIP MORRIS IN B2PKRQ3 94.06 94 8,841.64
0.34 AMGN AMGEN INC 2023607 271.91 32 8,701.12
0.34 NOW SERVICENOW INC B80NXX8 721.95 12 8,663.40
0.34 UBER UBER TECHNOLOGIES INC BK6N347 68.98 125 8,622.50
0.33 AXP AMERICAN EXPRESS CO 2026082 233.00 36 8,388.00
0.32 GS GOLDMAN SACHS GROUP INC 2407966 417.35 20 8,347.00
0.32 SPGI S&P GLOBAL INC BYV2325 416.93 20 8,338.60
0.32 RTX RTX CORPORATION BM5M5Y3 101.56 81 8,226.36
0.31 NEE NEXTERA ENERGY INC 2328915 65.31 124 8,098.44
0.31 LOW LOWE'S COS INC 2536763 230.13 35 8,054.55
0.31 PGR PROGRESSIVE CORP 2705024 213.00 37 7,881.00
0.30 HON HONEYWELL INTL 2020459 195.58 40 7,823.20
0.30 ISRG INTUITIVE SURGICAL INC 2871301 368.93 21 7,747.53
0.30 ETN EATON CORP PLC B8KQN82 308.09 25 7,702.25
0.29 ELV ELEVANCE HEALTH INC BSPHGL4 532.22 14 7,451.08
0.28 MU MICRON TECHNOLOGY INC 2588184 109.12 67 7,311.04
0.28 T AT&T INC 2831811 16.31 434 7,078.54
0.27 C CITIGROUP INC 2297907 60.95 115 7,009.25
0.27 MS MORGAN STANLEY 2262314 92.09 76 6,998.84
0.27 NKE NIKE INC -CL B 2640147 94.19 74 6,970.06
0.27 LRCX LAM RESEARCH CORP 2502247 868.07 8 6,944.56
0.27 BKNG BOOKING HOLDINGS INC BDRXDB4 3,463.00 2 6,926.00
0.27 SYK STRYKER CORP 2853688 327.68 21 6,881.28
0.26 SCHW SCHWAB (CHARLES) CORP 2779397 74.26 90 6,683.40
0.26 MDT MEDTRONIC PLC BTN1Y11 80.57 82 6,606.74
0.25 CB CHUBB LTD B3BQMF6 251.50 26 6,539.00
0.25 TJX TJX COMPANIES INC 2989301 94.08 69 6,491.52
0.25 ADP AUTOMATIC DATA PROCESSING 2065308 246.31 26 6,404.06
0.25 VRTX VERTEX PHARM 2931034 399.92 16 6,398.72
0.25 UPS UNITED PARCEL-B 2517382 145.36 44 6,395.84
0.25 DE DEERE & CO 2261203 399.61 16 6,393.76
0.25 CI THE CIGNA GROUP BHJ0775 353.18 18 6,357.24
0.24 XSP US 06/21/24 P488 629.00 10 6,290.00
0.24 MMC MARSH & MCLENNAN COS 2567741 201.43 31 6,244.33
0.24 SBUX STARBUCKS CORP 2842255 88.18 69 6,084.42
0.24 BLK BLACKROCK INC 2494504 760.11 8 6,080.88
0.24 BMY BRISTOL-MYERS SQUIBB CO 2126335 49.14 123 6,044.22
0.23 LMT LOCKHEED MARTIN CORP 2522096 461.33 13 5,997.29
0.23 BSX BOSTON SCIENTIFIC CORP 2113434 68.02 86 5,849.72
0.23 PLD PROLOGIS INC B44WZD7 104.08 56 5,828.48
0.23 BA BOEING CO/THE 2108601 170.48 34 5,796.32
0.22 CMG CHIPOTLE MEXICAN B0X7DZ3 2,884.25 2 5,768.50
0.22 MDLZ MONDELEZ INTER-A B8CKK03 69.41 82 5,691.62
0.22 ADI ANALOG DEVICES INC 2032067 186.31 30 5,589.30
0.21 REGN REGENERON PHARMACEUTICALS 2730190 900.16 6 5,400.96
0.21 FI FISERV INC 2342034 148.80 36 5,356.80
0.21 CVS CVS HEALTH CORP 2577609 69.63 76 5,291.88
0.20 BX BLACKSTONE INC BKF2SL7 122.09 43 5,249.87
0.20 GILD GILEAD SCIENCES INC 2369174 66.95 76 5,088.20
0.20 PANW PALO ALTO NETWORKS INC B87ZMX0 281.68 18 5,070.24
0.20 KLAC KLA CORP 2480138 633.64 8 5,069.12
0.20 TMUS T-MOBILE US INC B94Q9V0 162.36 31 5,033.16
0.19 AMT AMERICAN TOWER CORP B7FBFL2 172.30 29 4,996.70
0.19 CME CME GROUP INC 2965839 215.48 23 4,956.04
0.19 TGT TARGET CORP 2259101 167.11 29 4,846.19
0.19 SO SOUTHERN CO/THE 2829601 72.98 66 4,816.68
0.18 EOG EOG RESOURCES INC 2318024 133.90 35 4,686.50
0.18 SNPS SYNOPSYS INC 2867719 515.49 9 4,639.41
0.18 DUK DUKE ENERGY CORP B7VD3F2 98.12 47 4,611.64
0.18 ICE INTERCONTINENTAL BFSSDS9 131.65 35 4,607.75
0.18 WM WASTE MANAGEMENT INC 2937667 207.53 22 4,565.66
0.18 CDNS CADENCE DESIGN SYS INC 2302232 285.02 16 4,560.32
0.18 MO ALTRIA GROUP INC 2692632 42.57 107 4,554.99
0.18 EQIX EQUINIX INC BVLZX12 754.74 6 4,528.44
0.17 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,091.46 4 4,365.84
0.17 MPC MARATHON PETROLEUM CORP B3K3L40 198.25 22 4,361.50
0.17 SHW SHERWIN-WILLIAMS CO/THE 2804211 309.26 14 4,329.64
0.17 PH PARKER HANNIFIN CORP 2671501 539.72 8 4,317.76
0.17 SLB SCHLUMBERGER LTD 2779201 49.51 87 4,307.37
0.17 FCX FREEPORT-MCMORAN INC 2352118 48.95 87 4,258.65
0.17 ITW ILLINOIS TOOL WORKS 2457552 249.96 17 4,249.32
0.17 PSX PHILLIPS 66 B78C4Y8 157.05 27 4,240.35
0.17 CL COLGATE-PALMOLIVE CO 2209106 88.33 48 4,239.84
0.17 NOC NORTHROP GRUMMAN CORP 2648806 470.98 9 4,238.82
0.16 MCK MCKESSON CORP 2378534 527.32 8 4,218.56
0.16 CSX CSX CORP 2160753 34.62 121 4,189.02
0.16 PYPL PAYPAL HOLDINGS INC BYW36M8 63.19 65 4,107.35
0.16 GD GENERAL DYNAMICS CORP 2365161 291.31 14 4,078.34
0.16 TT TRANE TECHNOLOGIES PLC BK9ZQ96 291.15 14 4,076.10
0.16 ZTS ZOETIS INC B95WG16 145.54 28 4,075.12
0.16 ABNB AIRBNB INC-CLASS A BMGYYH4 156.61 26 4,071.86
0.15 BDX BECTON DICKINSON AND CO 2087807 233.88 17 3,975.96
0.15 ANET ARISTA NETWORKS INC BN33VM5 245.47 16 3,927.52
0.15 APH AMPHENOL CORP-CL A 2145084 111.86 35 3,915.10
0.15 EMR EMERSON ELECTRIC CO 2313405 108.63 36 3,910.68
0.15 PXD PIONEER NATURAL 2690830 273.51 14 3,829.14
0.15 FDX FEDEX CORP 2142784 270.15 14 3,782.10
0.15 PNC PNC FINANCIAL SE 2692665 155.93 24 3,742.32
0.15 AON AON PLC-CLASS A BLP1HW5 311.02 12 3,732.24
0.15 HCA HCA HEALTHCARE INC B4MGBG6 310.31 12 3,723.72
0.14 USB US BANCORP 2736035 41.05 88 3,612.40
0.14 TDG TRANSDIGM GROUP INC B11FJK3 1,200.93 3 3,602.79
0.14 MAR MARRIOTT INTL-A 2210614 237.41 15 3,561.15
0.14 COF CAPITAL ONE FINA 2654461 147.25 24 3,534.00
0.14 NXPI NXP SEMICONDUCTORS NV B505PN7 218.66 16 3,498.56
0.14 VLO VALERO ENERGY CORP 2041364 165.90 21 3,483.90
0.14 CEG CONSTELLATION ENERGY BMH4FS1 183.22 19 3,481.18
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 345.23 10 3,452.30
0.13 MCO MOODY'S CORP 2252058 379.26 9 3,413.34
0.13 AJG ARTHUR J GALLAGHER & CO 2359506 237.52 14 3,325.28
0.13 CTAS CINTAS CORP 2197137 665.00 5 3,325.00
0.13 EW EDWARDS LIFESCIENCES CORP 2567116 86.96 38 3,304.48
0.13 ECL ECOLAB INC 2304227 219.31 15 3,289.65
0.13 PCAR PACCAR INC 2665861 112.58 29 3,264.82
0.13 ROP ROPER TECHNOLOGIES INC 2749602 539.11 6 3,234.66
0.12 NSC NORFOLK SOUTHERN CORP 2641894 244.61 13 3,179.93
0.12 MMM 3M CO 2595708 92.62 34 3,149.08
0.12 AIG AMERICAN INTERNA 2027342 74.96 42 3,148.32
0.12 HLT HILTON WORLDWIDE BYVMW06 195.14 16 3,122.24
0.12 TFC TRUIST FINANCIAL CORP BKP7287 38.06 81 3,082.86
0.12 F FORD MOTOR CO 2615468 12.88 237 3,052.56
0.12 APD AIR PRODS & CHEM 2011602 234.36 13 3,046.68
0.12 ADSK AUTODESK INC 2065159 217.13 14 3,039.82
0.12 DXCM DEXCOM INC B0796X4 131.52 23 3,024.96
0.12 GM GENERAL MOTORS CO B665KZ5 43.21 70 3,024.70
0.12 AZO AUTOZONE INC 2065955 2,961.66 1 2,961.66
0.11 WELL WELLTOWER INC BYVYHH4 91.61 32 2,931.52
0.11 CPRT COPART INC 2208073 53.30 54 2,878.20
0.11 OKE ONEOK INC 2130109 79.91 36 2,876.76
0.11 TEL TE CONNECTIVITY LTD B62B7C3 143.77 20 2,875.40
0.11 NUE NUCOR CORP 2651086 191.63 15 2,874.45
0.11 WMB WILLIAMS COS INC 2967181 38.66 74 2,860.84
0.11 STZ CONSTELLATION-A 2170473 259.74 11 2,857.14
0.11 SPG SIMON PROPERTY GROUP INC 2812452 142.41 20 2,848.20
0.11 SRE SEMPRA 2138158 71.13 40 2,845.20
0.11 GWW WW GRAINGER INC 2380863 942.07 3 2,826.21
0.11 HES HESS CORP 2023748 156.23 18 2,812.14
0.11 AEP AMERICAN ELECTRIC POWER 2026242 84.90 33 2,801.70
0.11 TRV TRAVELERS COS INC/THE 2769503 214.27 13 2,785.51
0.11 IQV IQVIA HOLDINGS INC BDR73G1 231.34 12 2,776.08
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 83.53 33 2,756.49
0.11 O REALTY INCOME CORP 2724193 53.33 51 2,719.83
0.11 KMB KIMBERLY-CLARK CORP 2491839 128.93 21 2,707.53
0.10 BK BANK NY MELLON B1Z77F6 57.16 47 2,686.52
0.10 D DOMINION ENERGY INC 2542049 50.63 53 2,683.39
0.10 OXY OCCIDENTAL PETROLEUM CORP 2655408 67.00 40 2,680.00
0.10 ROST ROSS STORES INC 2746711 133.77 20 2,675.40
0.10 AME AMETEK INC 2089212 177.86 15 2,667.90
0.10 MET METLIFE INC 2573209 71.96 37 2,662.52
0.10 NEM NEWMONT CORP 2636607 37.46 71 2,659.66
0.10 JCI JOHNSON CONTROLS BY7QL61 64.64 41 2,650.24
0.10 PSA PUBLIC STORAGE 2852533 261.44 10 2,614.40
0.10 HUM HUMANA INC 2445063 325.30 8 2,602.40
0.10 MSCI MSCI INC B2972D2 515.17 5 2,575.85
0.10 DHI DR HORTON INC 2250687 143.07 18 2,575.26
0.10 GIS GENERAL MILLS INC 2367026 71.17 36 2,562.12
0.10 FTNT FORTINET INC B5B2106 63.69 40 2,547.60
0.10 LULU LULULEMON ATHLETICA INC B23FN39 361.79 7 2,532.53
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 421.38 6 2,528.28
0.10 CARR CARRIER GLOBAL CORP BK4N0D7 53.62 47 2,520.14
0.10 URI UNITED RENTALS INC 2134781 629.30 4 2,517.20
0.10 AFL AFLAC INC 2026361 83.52 30 2,505.60
0.10 YUM YUM! BRANDS INC 2098876 139.06 18 2,503.08
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 208.14 12 2,497.68
0.10 FIS FIDELITY NATIONA 2769796 71.30 35 2,495.50
0.10 RSG REPUBLIC SERVICES INC 2262530 191.76 13 2,492.88
0.10 CTVA CORTEVA INC BK73B42 55.20 45 2,484.00
0.10 ALL ALLSTATE CORP 2019952 175.41 14 2,455.74
0.10 PRU PRUDENTIAL FINANCIAL INC 2819118 111.47 22 2,452.34
0.10 DOW DOW INC BHXCF84 56.99 43 2,450.57
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 135.86 18 2,445.48
0.09 FANG DIAMONDBACK ENERGY INC B7Y8YR3 202.58 12 2,430.96
0.09 FAST FASTENAL CO 2332262 67.45 36 2,428.20
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 96.29 25 2,407.25
0.09 IDXX IDEXX LABORATORIES INC 2459202 479.57 5 2,397.85
0.09 SYY SYSCO CORP 2868165 77.32 31 2,396.92
0.09 CCI CROWN CASTLE INC BTGQCX1 95.08 25 2,377.00
0.09 MNST MONSTER BEVERAGE CORP BZ07BW4 53.60 44 2,358.40
0.09 MLM MARTIN MARIETTA MATERIALS 2572079 584.32 4 2,337.28
0.09 CMI CUMMINS INC 2240202 290.40 8 2,323.20
0.09 PAYX PAYCHEX INC 2674458 121.23 19 2,303.37
0.09 EXC EXELON CORP 2670519 37.67 61 2,297.87
0.09 KMI KINDER MORGAN INC B3NQ4P8 18.82 122 2,296.04
0.09 VMC VULCAN MATERIALS CO 2931205 254.48 9 2,290.32
0.09 KR KROGER CO 2497406 56.93 40 2,277.20
0.09 A AGILENT TECHNOLOGIES INC 2520153 133.91 17 2,276.47
0.09 CNC CENTENE CORP 2807061 75.58 30 2,267.40
0.09 LEN LENNAR CORP-A 2511920 151.07 15 2,266.05
0.09 IR INGERSOLL-RAND INC BL5GZ82 88.63 25 2,215.75
0.09 IT GARTNER INC 2372763 443.06 5 2,215.30
0.09 PWR QUANTA SERVICES INC 2150204 245.56 9 2,210.04
0.09 MRNA MODERNA INC BGSXTS3 104.46 21 2,193.66
0.09 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 84.31 26 2,192.08
0.09 GEV GE VERNOVA INC BP6H4Y1 136.69 16 2,187.04
0.08 SMCI SUPER MICRO COMPUTER INC B1VQR35 717.02 3 2,151.06
0.08 PCG P G & E CORP 2689560 16.95 126 2,135.70
0.08 PEG PUB SERV ENTERP 2707677 66.71 32 2,134.72
0.08 COR CENCORA INC 2795393 236.85 9 2,131.65
0.08 ODFL OLD DOMINION FREIGHT LINE 2656423 211.59 10 2,115.90
0.08 KVUE KENVUE INC BQ84ZQ6 19.58 107 2,095.06
0.08 HAL HALLIBURTON CO 2405302 38.72 54 2,090.88
0.08 DVN DEVON ENERGY CORP 2480677 52.13 40 2,085.20
0.08 CSGP COSTAR GROUP INC 2262864 85.31 24 2,047.44
0.08 CTSH COGNIZANT TECH-A 2257019 68.20 30 2,046.00
0.08 ED CONSOLIDATED EDISON INC 2216850 92.73 22 2,040.06
0.08 GPN GLOBAL PAYMENTS INC 2712013 124.23 16 1,987.68
0.08 BKR BAKER HUGHES CO BDHLTQ5 32.46 61 1,980.06
0.08 XEL XCEL ENERGY INC 2614807 54.96 36 1,978.56
0.08 DAL DELTA AIR LINES INC B1W9D46 49.02 40 1,960.80
0.08 XYL XYLEM INC B3P2CN8 128.98 15 1,934.70
0.08 DD DUPONT DE NEMOURS INC BK0VN47 73.91 26 1,921.66
0.08 CASH 1.00 1,920 1,919.62
0.07 EL ESTEE LAUDER 2320524 147.42 13 1,916.46
0.07 ROK ROCKWELL AUTOMATION INC 2754060 273.47 7 1,914.29
0.07 EA ELECTRONIC ARTS INC 2310194 127.12 15 1,906.80
0.07 DFS DISCOVER FINANCI B1YLC43 126.68 15 1,900.20
0.07 ADM ARCHER-DANIELS-MIDLAND CO 2047317 62.50 30 1,875.00
0.07 KHC KRAFT HEINZ CO/THE BYRY499 38.15 49 1,869.35
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 132.74 14 1,858.36
0.07 MPWR MONOLITHIC POWER B01Z7J1 600.63 3 1,801.89
0.07 HIG HARTFORD FINL SV 2476193 99.82 18 1,796.76
0.07 VICI VICI PROPERTIES INC BYWH073 28.04 64 1,794.56
0.07 VRSK VERISK ANALYTICS INC B4P9W92 223.17 8 1,785.36
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 93.85 19 1,783.15
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 253.38 7 1,773.66
0.07 EFX EQUIFAX INC 2319146 218.93 8 1,751.44
0.07 RCL ROYAL CARIBBEAN 2754907 131.99 13 1,715.87
0.07 DG DOLLAR GENERAL CORP B5B1S13 142.85 12 1,714.20
0.07 PPG PPG INDUSTRIES INC 2698470 131.16 13 1,705.08
0.07 DLTR DOLLAR TREE INC 2272476 121.69 14 1,703.66
0.07 FTV FORTIVE CORP BYT3MK1 80.36 21 1,687.56
0.07 EBAY EBAY INC 2293819 50.94 33 1,681.02
0.07 HSY HERSHEY CO/THE 2422806 186.33 9 1,676.97
0.07 CDW CDW CORP/DE BBM5MD6 237.64 7 1,663.48
0.06 KDP KEURIG DR PEPPER INC BD3W133 31.76 52 1,651.52
0.06 FITB FIFTH THIRD BANCORP 2336747 36.55 45 1,644.75
0.06 ANSS ANSYS INC 2045623 324.81 5 1,624.05
0.06 RMD RESMED INC 2732903 180.35 9 1,623.15
0.06 DECK DECKERS OUTDOOR CORP 2267278 810.22 2 1,620.44
0.06 WAB WABTEC CORP 2955733 145.69 11 1,602.59
0.06 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 144.74 11 1,592.14
0.06 WTW WILLIS TOWERS WATSON PLC BDB6Q21 265.17 6 1,591.02
0.06 CHTR CHARTER COMMUN-A BZ6VT82 265.08 6 1,590.48
0.06 ON ON SEMICONDUCTOR 2583576 60.65 26 1,576.90
0.06 ZBH ZIMMER BIOMET HO 2783815 120.78 13 1,570.14
0.06 WEC WEC ENERGY GROUP INC BYY8XK8 81.97 19 1,557.43
0.06 EIX EDISON INTERNATIONAL 2829515 70.66 22 1,554.52
0.06 BR BROADRIDGE FINL B1VP7R6 194.23 8 1,553.84
0.06 BIIB BIOGEN INC 2455965 194.11 8 1,552.88
0.06 OTHER PAYABLE & RECEIVABLES 1.00 1,542 1,542.41
0.06 DOV DOVER CORP 2278407 170.28 9 1,532.52
0.06 HWM HOWMET AEROSPACE INC BKLJ8V2 62.93 24 1,510.32
0.06 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 100.59 15 1,508.85
0.06 ETR ENTERGY CORP 2317087 107.45 14 1,504.30
0.06 WST WEST PHARMACEUT 2950482 375.15 4 1,500.60
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 186.87 8 1,494.96
0.06 TRGP TARGA RESOURCES CORP B55PZY3 113.81 13 1,479.53
0.06 GPC GENUINE PARTS CO 2367480 163.09 9 1,467.81
0.06 CBRE CBRE GROUP INC - A B6WVMH3 86.04 17 1,462.68
0.06 MTB M & T BANK CORP 2340168 145.68 10 1,456.80
0.06 HPQ HP INC BYX4D52 27.70 52 1,440.40
0.06 DTE DTE ENERGY COMPANY 2280220 110.12 13 1,431.56
0.06 AWK AMERICAN WATER W B2R3PV1 119.26 12 1,431.12
0.06 GLW CORNING INC 2224701 31.55 45 1,419.75
0.06 WY WEYERHAEUSER CO 2958936 31.47 45 1,416.15
0.05 TTWO TAKE-TWO INTERAC 2122117 139.96 10 1,399.60
0.05 RJF RAYMOND JAMES 2718992 125.48 11 1,380.28
0.05 SBAC SBA COMMUNICATIONS CORP BZ6TS23 196.80 7 1,377.60
0.05 EQR EQUITY RESIDENTIAL 2319157 62.54 22 1,375.88
0.05 STLD STEEL DYNAMICS INC 2849472 137.30 10 1,373.00
0.05 IRM IRON MOUNTAIN INC BVFTF03 75.85 18 1,365.30
0.05 HPE HEWLETT PACKA BYVYWS0 16.83 81 1,363.23
0.05 NDAQ NASDAQ INC 2965107 61.20 22 1,346.40
0.05 STT STATE STREET CORP 2842040 74.51 18 1,341.18
0.05 CAH CARDINAL HEALTH INC 2175672 102.83 13 1,336.79
0.05 BAX BAXTER INTERNATIONAL INC 2085102 40.40 33 1,333.20
0.05 ILMN ILLUMINA INC 2613990 120.25 11 1,322.75
0.05 J JACOBS SOLUTIONS INC BNGC0D3 144.11 9 1,296.99
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 84.89 15 1,273.35
0.05 CHD CHURCH & DWIGHT CO INC 2195841 105.95 12 1,271.40
0.05 GRMN GARMIN LTD B3Z5T14 141.02 9 1,269.18
0.05 CBOE CBOE GLOBAL MARKETS INC B5834C5 179.99 7 1,259.93
0.05 CTRA COTERRA ENERGY INC 2162340 27.94 45 1,257.30
0.05 ULTA ULTA BEAUTY INC B28TS42 417.98 3 1,253.94
0.05 INVH INVITATION HOMES INC BD81GW9 33.78 37 1,249.86
0.05 PTC PTC INC B95N910 178.55 7 1,249.85
0.05 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 178.21 7 1,247.47
0.05 FSLR FIRST SOLAR INC B1HMF22 176.28 7 1,233.96
0.05 PPL PPL CORP 2680905 27.37 45 1,231.65
0.05 TROW T ROWE PRICE GROUP INC 2702337 111.50 11 1,226.50
0.05 OMC OMNICOM GROUP 2279303 93.77 13 1,219.01
0.05 TXT TEXTRON INC 2885937 93.77 13 1,219.01
0.05 LH LABORATORY CP 2586122 203.07 6 1,218.42
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 13.53 90 1,217.70
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 404.08 3 1,212.24
0.05 WDC WESTERN DIGITAL CORP 2954699 67.05 18 1,206.90
0.05 ES EVERSOURCE ENERGY BVVN4Q8 60.30 20 1,206.00
0.05 STE STERIS PLC BFY8C75 200.90 6 1,205.40
0.05 CPAY CORPAY INC BMX5GK7 300.90 4 1,203.60
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 300.82 4 1,203.28
0.05 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.47 142 1,202.74
0.05 MTD METTLER-TOLEDO 2126249 1,199.46 1 1,199.46
0.05 WAT WATERS CORP 2937689 299.23 4 1,196.92
0.05 APTV APTIV PLC B783TY6 70.10 17 1,191.70
0.05 PHM PULTEGROUP INC 2708841 107.83 11 1,186.13
0.05 VLTO VERALTO CORP BPGMZQ5 91.23 13 1,185.99
0.05 FE FIRSTENERGY CORP 2100920 38.21 31 1,184.51
0.05 EXPE EXPEDIA GROUP INC B748CK2 131.59 9 1,184.31
0.05 AXON AXON ENTERPRISE INC BDT5S35 293.80 4 1,175.20
0.05 NTAP NETAPP INC 2630643 97.91 12 1,174.92
0.05 HUBB HUBBELL INC BDFG6S3 390.56 3 1,171.68
0.05 BRO BROWN & BROWN INC 2692687 82.50 14 1,155.00
0.05 FICO FAIR ISAAC CORP 2330299 1,150.66 1 1,150.66
0.05 IEX IDEX CORP 2456612 229.89 5 1,149.45
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 126.03 9 1,134.27
0.04 EG EVEREST GROUP LTD 2556868 372.84 3 1,118.52
0.04 VRSN VERISIGN INC 2142922 184.74 6 1,108.44
0.04 BG BUNGE GLOBAL SA BQ6BPG9 109.75 10 1,097.50
0.04 TSN TYSON FOODS INC-CL A 2909730 60.61 18 1,090.98
0.04 NTRS NORTHERN TRUST CORP 2648668 83.54 13 1,086.02
0.04 MOH MOLINA HEALTHCARE INC 2212706 361.87 3 1,085.61
0.04 CE CELANESE CORP B05MZT4 154.94 7 1,084.58
0.04 DRI DARDEN RESTAURANTS INC 2289874 154.55 7 1,081.85
0.04 COO COOPER COS INC/THE BQPDXR3 90.04 12 1,080.48
0.04 PKG PACKAGING CORP OF AMERICA 2504566 179.29 6 1,075.74
0.04 LUV SOUTHWEST AIRLINES CO 2831543 29.73 36 1,070.28
0.04 AVY AVERY DENNISON CORP 2066408 211.77 5 1,058.85
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 42.15 25 1,053.75
0.04 BALL BALL CORP 2073022 65.43 16 1,046.88
0.04 K KELLANOVA 2486813 57.98 18 1,043.64
0.04 VTR VENTAS INC 2927925 43.13 24 1,035.12
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 114.09 9 1,026.81
0.04 EQT EQT CORP 2319414 37.97 27 1,025.19
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 46.56 22 1,024.32
0.04 WRB WR BERKLEY CORP 2093644 83.43 12 1,001.16
0.04 MRO MARATHON OIL CORP 2910970 27.65 36 995.40
0.04 ENPH ENPHASE ENERGY INC B65SQW4 110.51 9 994.59
0.04 HOLX HOLOGIC INC 2433530 76.22 13 990.86
0.04 MKC MCCORMICK-N/V 2550161 74.69 13 970.97
0.04 UAL UNITED AIRLINES B4QG225 53.94 18 970.92
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 120.96 8 967.68
0.04 AEE AMEREN CORPORATION 2050832 74.38 13 966.94
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 239.89 4 959.56
0.04 CCL CARNIVAL CORP 2523044 14.28 67 956.76
0.04 CNP CENTERPOINT ENERGY INC 2440637 28.78 33 949.74
0.04 ARE ALEXANDRIA REAL 2009210 118.57 8 948.56
0.04 DPZ DOMINO'S PIZZA INC B01SD70 471.28 2 942.56
0.04 RF REGIONS FINANCIAL CORP B01R311 19.18 49 939.82
0.04 STX SEAGATE TECHNOLO BKVD2N4 85.18 11 936.98
0.04 NRG NRG ENERGY INC 2212922 70.39 13 915.07
0.04 CMS CMS ENERGY CORP 2219224 60.00 15 900.00
0.04 LNT ALLIANT ENERGY CORP 2973821 49.89 18 898.02
0.04 PFG PRINCIPAL FINANCIAL GROUP 2803014 81.35 11 894.85
0.03 TRMB TRIMBLE INC 2903958 58.94 15 884.10
0.03 SWKS SKYWORKS SOLUTIONS INC 2961053 98.11 9 882.99
0.03 LKQ LKQ CORP 2971029 48.93 18 880.74
0.03 TER TERADYNE INC 2884183 97.76 9 879.84
0.03 FDS FACTSET RESEARCH 2329770 438.43 2 876.86
0.03 WRK WESTROCK CO BYR0914 48.07 18 865.26
0.03 CLX CLOROX COMPANY 2204026 143.94 6 863.64
0.03 HST HOST HOTELS & RESORTS INC 2567503 19.00 45 855.00
0.03 L LOEWS CORP 2523022 76.48 11 841.28
0.03 TAP MOLSON COORS-B B067BM3 64.52 13 838.76
0.03 IPG INTERPUBLIC GRP 2466321 31.03 27 837.81
0.03 JBL JABIL INC 2471789 119.13 7 833.91
0.03 TFX TELEFLEX INC 2881407 207.27 4 829.08
0.03 ATO ATMOS ENERGY CORP 2315359 118.08 7 826.56
0.03 BBY BEST BUY CO INC 2094670 75.12 11 826.32
0.03 TYL TYLER TECHNOLOGIES INC 2909644 411.41 2 822.82
0.03 PODD INSULET CORP B1XGNW4 164.42 5 822.10
0.03 WBA WALGREENS BOOTS BTN1Y44 18.22 45 819.90
0.03 ZBRA ZEBRA TECH CORP 2989356 271.63 3 814.89
0.03 SNA SNAP-ON INC 2818740 268.56 3 805.68
0.03 SWK STANLEY BLACK & B3Q2FJ4 89.35 9 804.15
0.03 LYV LIVE NATION ENTE B0T7YX2 88.45 9 796.05
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 34.55 23 794.65
0.03 CF CF INDUSTRIES HO B0G4K50 78.80 10 788.00
0.03 NDSN NORDSON CORP 2641838 260.52 3 781.56
0.03 DGX QUEST DIAGNOSTICS INC 2702791 130.09 6 780.54
0.03 CAG CONAGRA BRANDS INC 2215460 31.10 25 777.50
0.03 VTRS VIATRIS INC BMWS3X9 11.25 69 776.25
0.03 AES AES CORP 2002479 16.70 46 768.20
0.03 NI NISOURCE INC 2645409 27.91 27 753.57
0.03 ALLE ALLEGION PLC BFRT3W7 125.42 6 752.52
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 246.95 3 740.85
0.03 LW LAMB WESTON HOLDINGS INC BDQZFJ3 82.12 9 739.08
0.03 GEN GEN DIGITAL INC BJN4XN5 20.49 36 737.64
0.03 POOL POOL CORP 2781585 365.88 2 731.76
0.03 IP INTERNATIONAL PAPER CO 2465254 34.76 21 729.96
0.03 MAS MASCO CORP 2570200 72.02 10 720.20
0.03 FFIV F5 INC 2427599 179.55 4 718.20
0.03 KEY KEYCORP 2490911 14.64 49 717.36
0.03 PNR PENTAIR PLC BLS09M3 79.20 9 712.80
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 100.88 7 706.16
0.03 RVTY REVVITY INC 2305844 100.77 7 705.39
0.03 SJM JM SMUCKER CO/THE 2951452 117.46 6 704.76
0.03 CRL CHARLES RIVER LA 2604336 232.56 3 697.68
0.03 EMN EASTMAN CHEMICAL CO 2298386 97.06 7 679.42
0.03 ROL ROLLINS INC 2747305 42.46 16 679.36
0.03 MGM MGM RESORTS INTERNATIONAL 2547419 42.43 16 678.88
0.03 MOS MOSAIC CO/THE B3NPHP6 30.74 22 676.28
0.03 INCY INCYTE CORP 2471950 51.92 13 674.96
0.03 ALB ALBEMARLE CORP 2046853 112.29 6 673.74
0.03 KIM KIMCO REALTY CORP 2491594 18.60 36 669.60
0.03 JBHT HUNT (JB) TRANS 2445416 167.38 4 669.52
0.03 AAL AMERICAN AIRLINE BCV7KT2 14.53 46 668.38
0.03 UDR UDR INC 2727910 37.01 18 666.18
0.03 NWSA NEWS CORP - CLASS A BBGVT40 24.43 27 659.61
0.03 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 18.23 36 656.28
0.03 JNPR JUNIPER NETWORKS INC 2431846 36.11 18 649.98
0.03 HSIC HENRY SCHEIN INC 2416962 72.04 9 648.36
0.03 UHS UNIVERSAL HLTH-B 2923785 161.13 4 644.52
0.03 AMCR AMCOR PLC BJ1F307 9.03 71 641.13
0.03 MAA MID-AMERICA APAR 2589132 127.47 5 637.35
0.03 HRL HORMEL FOODS CORP 2437264 35.14 18 632.52
0.02 KMX CARMAX INC 2983563 67.88 9 610.92
0.02 ETSY ETSY INC BWTN5N1 66.45 9 598.05
0.02 EVRG EVERGY INC BFMXGR0 52.26 11 574.86
0.02 TECH BIO-TECHNE CORP BSHZ3Q0 62.80 9 565.20
0.02 FOXA FOX CORP - CLASS A BJJMGL2 31.40 18 565.20
0.02 TPR TAPESTRY INC BF09HX3 40.31 14 564.34
0.02 CTLT CATALENT INC BP96PQ4 56.05 10 560.50
0.02 PAYC PAYCOM SOFTWARE INC BL95MY0 186.71 3 560.13
0.02 HII HUNTINGTON INGAL B40SSC9 274.49 2 548.98
0.02 MTCH MATCH GROUP INC BK80XH9 31.96 17 543.32
0.02 GNRC GENERAC HOLDINGS INC B6197Q2 134.12 4 536.48
0.02 REG REGENCY CENTERS CORP 2726177 59.21 9 532.89
0.02 FMC FMC CORP 2328603 58.25 9 524.25
0.02 AIZ ASSURANT INC 2331430 174.60 3 523.80
0.02 PNW PINNACLE WEST CAPITAL 2048804 74.70 7 522.90
0.02 IVZ INVESCO LTD B28XP76 15.58 33 514.14
0.02 BEN FRANKLIN RESOURCES INC 2350684 25.58 20 511.60
0.02 HAS HASBRO INC 2414580 55.90 9 503.10
0.02 SOLV SOLVENTUM CORP BMTQB43 62.07 8 496.56
0.02 CPB CAMPBELL SOUP CO 2162845 45.12 11 496.32
0.02 JKHY JACK HENRY 2469193 164.84 3 494.52
0.02 RL RALPH LAUREN CORP B4V9661 161.97 3 485.91
0.02 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 12.38 36 445.68
0.02 BF/B BROWN-FORMAN CORP-CLASS B 2146838 49.15 9 442.35
0.02 MHK MOHAWK INDUSTRIES INC 2598699 109.95 4 439.80
0.02 RHI ROBERT HALF INC 2110703 71.50 6 429.00
0.02 QRVO QORVO INC BR9YYP4 107.12 4 428.48
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 38.42 11 422.62
0.02 APA APA CORP BNNF1C1 32.47 13 422.11
0.02 DAY DAYFORCE INC BFX1V56 58.95 7 412.65
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 204.43 2 408.86
0.02 GL GLOBE LIFE INC BK6YKG1 66.39 6 398.34
0.02 DVA DAVITA INC 2898087 132.52 3 397.56
0.02 CPT CAMDEN PROPERTY TRUST 2166320 98.07 4 392.28
0.02 WYNN WYNN RESORTS LTD 2963811 97.48 4 389.92
0.01 AOS SMITH (A.O.) CORP 2816023 86.90 4 347.60
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 18.54 17 315.18
0.01 BBWI BATH & BODY WORKS INC BNNTGJ5 43.94 7 307.58
0.01 BXP BOSTON PROPERTIES INC 2019479 61.34 5 306.70
0.01 FRT FEDERAL REALTY INVS TRUST BN7P9B2 101.14 3 303.42
0.01 BWA BORGWARNER INC 2111955 33.09 9 297.81
0.01 CHRW CH ROBINSON 2116228 70.76 4 283.04
0.01 BIO BIO-RAD LABORATORIES-A 2098508 280.13 1 280.13
0.01 FOX FOX CORP - CLASS B BJJMGY5 28.97 9 260.73
0.01 NWS NEWS CORP - CLASS B BBGVT51 25.19 9 226.71
0.01 CMA COMERICA INC 2212870 52.61 3 157.83
0.00 XSP US 06/21/24 C565 11.50 -10 -115.00
-0.02 SPX US 06/21/24 C5650 107.50 -4 -430.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 04/22/24

Return on Equity 20.70%
Weighted Avg. Market Cap 835,681 M
2023 2024
Price-to-earnings 22.89 20.57
Price-to-book value 4.64 3.95

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/24

Versus Beta
S&P 500 0.59
NASDAQ-100 0.45
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.