QCLR

Nasdaq 100 Collar 95-110 ETF

Morningstar Rating™ - Overall rating out of 149 Options Trading funds, based on risk-adjusted returns as of 10/31/2024

Reasons to Consider QCLR

Growth Potential

QCLR enables investors to participate in the growth of the Nasdaq 100, up to approximately 10% from the selling of the call to the options' expiration in three months.

Manage Risk

By employing a collar strategy, QCLR 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

QCLR buys put options and sells call options on the Nasdaq 100, saving investors the time and potential expense of doing so individually.

Key Information As of 12/04/24

Inception Date	08/25/21
Total Expense Ratio	0.26%
Net Assets	$1.92 million
NAV	$32.04
Fact Sheet	View the document

ETF Summary

The Global X Nasdaq 100 Collar 95-110 ETF (QCLR) employs a collar strategy for investors seeking range-bound equity returns. QCLR seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index (NDX), while buying 5% out-of-the-money (OTM) put options¹ on NDX, and selling 10% OTM call options on the same index.

ETF Objective

The Global X Nasdaq 100 Collar 95-110 ETF (QCLR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Quarterly Collar 95-110 Index.

Trading Details As of 12/03/24

Ticker	QCLR
Bloomberg Index Ticker	NQCLRI
CUSIP	37960A602
ISIN	US37960A6029
Primary Exchange	Nasdaq
Shares Outstanding	60,000
Number of Holdings	103
30-Day Median Bid-Ask Spread	0.32%

Distributions As of 12/04/24

30-Day SEC Yield	0.59%
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 12/04/24

NAV	$32.04	Daily Change	$0.26	0.82%
Market Price	$32.02	Daily Change	$0.30	0.95%

As of recent (09/30/24) As of recent (09/30/24)	Fund NAV	Market Price	Index
1 Year	27.60%	27.74%	29.54%
3 Years	7.96%	7.89%	8.86%
Since Inception	6.88%	6.91%	7.77%
1 Year	25.09%	25.19%	26.85%
3 Years	7.27%	7.19%	8.19%
Since Inception	7.76%	7.76%	8.56%
Year-to-Date	14.53%	14.51%	16.19%
1 Month	1.58%	1.68%	1.58%
3 Months	0.63%	0.67%	0.70%
Since Inception	22.93%	23.01%	26.11%
Year-to-Date	18.95%	18.86%	20.50%
1 Month	4.52%	4.28%	4.04%
3 Months	5.51%	5.54%	5.34%
Since Inception	27.68%	27.68%	30.79%

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.

Nasdaq 100 Price

21,229.32

Nasdaq 100 Mini Price

212.29

Upside Cap Details

Option Positions	Notional Exposure	Strike	Upside Before Cap	Expiration Date	Calendar Days to Expiry
Short NASDAQ 100 Micro Call Option	-$1,910,638	217	2.22%	12/20/2024	17

Downside Floor Details

Option Positions	Notional Exposure	Strike	Downside Before Floor	Expiration Date	Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option	$1,910,638	185	-12.86%	12/20/2024	17

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
8.81	AAPL	APPLE INC	2046251	243.01	697	169,377.97
8.49	NVDA	NVIDIA CORP	2379504	145.13	1,125	163,271.25
7.76	MSFT	MICROSOFT CORP	2588173	437.42	341	149,160.22
5.46	AMZN	AMAZON.COM INC	2000019	218.16	481	104,934.96
5.08	META	META PLATFORMS INC	B7TL820	613.78	159	97,591.02
4.87	AVGO	BROADCOM INC	BDZ78H9	170.56	549	93,637.44
4.13	TSLA	TESLA INC	B616C79	357.93	222	79,460.46
2.73	COST	COSTCO WHOLESALE CORP	2701271	990.92	53	52,518.76
2.44	GOOGL	ALPHABET INC-CL A	BYVY8G0	174.37	269	46,905.53
2.42	NFLX	NETFLIX INC	2857817	911.06	51	46,464.06
2.35	GOOG	ALPHABET INC-CL C	BYY88Y7	176.09	256	45,079.04
1.75	TMUS	T-MOBILE US INC	B94Q9V0	243.08	138	33,545.04
1.49	CSCO	CISCO SYSTEMS INC	2198163	59.62	479	28,557.98
1.45	ADBE	ADOBE INC	2008154	536.49	52	27,897.48
1.44	AMD	ADVANCED MICRO DEVICES	2007849	143.99	192	27,646.08
1.36	PEP	PEPSICO INC	2681511	160.18	163	26,109.34
1.34	LIN	LINDE PLC	BNZHB81	459.45	56	25,729.20
1.20	ISRG	INTUITIVE SURGICAL INC	2871301	549.95	42	23,097.90
1.12	INTU	INTUIT INC	2459020	654.64	33	21,603.12
1.12	QCOM	QUALCOMM INC	2714923	162.49	132	21,448.68
1.11	TXN	TEXAS INSTRUMENTS INC	2885409	196.65	108	21,238.20
1.09	BKNG	BOOKING HOLDINGS INC	BDRXDB4	5,243.16	4	20,972.64
1.01	CMCSA	COMCAST CORP-CLASS A	2044545	42.55	458	19,487.90
0.93	AMGN	AMGEN INC	2023607	278.26	64	17,808.64
0.92	HON	HONEYWELL INTL	2020459	229.79	77	17,693.83
0.91	AMAT	APPLIED MATERIALS INC	2046552	181.16	97	17,572.52
0.80	PANW	PALO ALTO NETWORKS INC	B87ZMX0	404.58	38	15,374.04
0.76	ADP	AUTOMATIC DATA PROCESSING	2065308	303.49	48	14,567.52
0.75	VRTX	VERTEX PHARM	2931034	463.98	31	14,383.38
0.71	SBUX	STARBUCKS CORP	2842255	100.70	136	13,695.20
0.70	MU	MICRON TECHNOLOGY INC	2588184	103.20	131	13,519.20
0.70	GILD	GILEAD SCIENCES INC	2369174	91.59	147	13,463.73
0.68	APP	APPLOVIN CORP-CLASS A	BMV3LG4	373.70	35	13,079.50
0.67	ADI	ANALOG DEVICES INC	2032067	218.30	59	12,879.70
0.63	LRCX	LAM RESEARCH CORP	BSML4N7	78.26	154	12,052.04
0.63	MRVL	MARVELL TECHNOLOGY INC	BNKJSM5	118.15	102	12,051.30
0.62	MELI	MERCADOLIBRE INC	B23X1H3	1,987.43	6	11,924.58
0.58	INTC	INTEL CORP	2463247	21.96	505	11,089.80
0.56	PYPL	PAYPAL HOLDINGS INC	BYW36M8	89.33	121	10,808.93
0.56	CTAS	CINTAS CORP	2197137	223.60	48	10,732.80
0.55	KLAC	KLA CORP	2480138	666.22	16	10,659.52
0.55	SNPS	SYNOPSYS INC	2867719	588.00	18	10,584.00
0.54	CDNS	CADENCE DESIGN SYS INC	2302232	324.54	32	10,385.28
0.52	MDLZ	MONDELEZ INTER-A	B8CKK03	63.27	159	10,059.93
0.51	CRWD	CROWDSTRIKE HO-A	BJJP138	364.16	27	9,832.32
0.51	REGN	REGENERON PHARMACEUTICALS	2730190	754.26	13	9,805.38
0.50	MAR	MARRIOTT INTL-A	2210614	289.63	33	9,557.79
0.49	CEG	CONSTELLATION ENERGY	BMH4FS1	254.20	37	9,405.40
0.46	FTNT	FORTINET INC	B5B2106	98.19	90	8,837.10
0.45	ORLY	O'REILLY AUTOMOTIVE INC	B65LWX6	1,242.92	7	8,700.44
0.42	CSX	CSX CORP	2160753	35.30	230	8,119.00
0.41	DASH	DOORDASH INC - A	BN13P03	176.88	45	7,959.60
0.41	ASML	ASML HOLDING-NY	B908F01	719.92	11	7,919.12
0.41	PDD	PDD HOLDINGS INC	BYVW0F7	98.71	79	7,798.09
0.40	ADSK	AUTODESK INC	2065159	304.23	25	7,605.75
0.39	ROP	ROPER TECHNOLOGIES INC	2749602	575.95	13	7,487.35
0.39	TTD	TRADE DESK INC-A	BD8FDD1	139.51	53	7,394.03
0.38	PCAR	PACCAR INC	2665861	118.41	62	7,341.42
0.38	ABNB	AIRBNB INC-CLASS A	BMGYYH4	139.07	52	7,231.64
0.37	CPRT	COPART INC	2208073	62.97	113	7,115.61
0.36	CHTR	CHARTER COMMUN-A	BZ6VT82	402.12	17	6,836.04
0.35	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	268.87	25	6,721.75
0.35	NXPI	NXP SEMICONDUCTORS NV	B505PN7	222.65	30	6,679.38
0.32	MNST	MONSTER BEVERAGE CORP	BZ07BW4	53.75	115	6,181.25
0.32	AEP	AMERICAN ELECTRIC POWER	2026242	96.25	63	6,063.75
0.32	PAYX	PAYCHEX INC	2674458	143.98	42	6,047.16
0.31	ROST	ROSS STORES INC	2746711	154.48	39	6,024.72
0.31	FANG	DIAMONDBACK ENERGY INC	B7Y8YR3	170.99	35	5,984.65
0.31	DDOG	DATADOG INC - CLASS A	BKT9Y49	165.88	36	5,971.68
0.29	FAST	FASTENAL CO	2332262	82.16	67	5,504.72
0.29	ODFL	OLD DOMINION FREIGHT LINE	2656423	211.03	26	5,486.78
0.28	TEAM	ATLASSIAN CORP-CL A	BQ1PC76	287.50	19	5,462.50
0.27	KDP	KEURIG DR PEPPER INC	BD3W133	32.62	160	5,219.20
0.27	EA	ELECTRONIC ARTS INC	2310194	167.42	31	5,190.02
0.26	VRSK	VERISK ANALYTICS INC	B4P9W92	291.69	17	4,958.73
0.26	BKR	BAKER HUGHES CO	BDHLTQ5	42.56	116	4,936.96
0.25	LULU	LULULEMON ATHLETICA INC	B23FN39	342.27	14	4,791.78
0.24	CTSH	COGNIZANT TECH-A	2257019	80.58	58	4,673.64
0.24	XEL	XCEL ENERGY INC	2614807	70.72	66	4,667.52
0.24	AZN	ASTRAZENECA PLC-SPONS ADR	2989044	66.78	68	4,541.04
0.23	EXC	EXELON CORP	2670519	37.85	119	4,504.15
0.23	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	83.01	54	4,482.54
0.23	KHC	KRAFT HEINZ CO/THE	BYRY499	31.00	142	4,402.00
0.23	IDXX	IDEXX LABORATORIES INC	2459202	434.43	10	4,344.30
0.22	CCEP	COCA-COLA EUROPA	BYQQ3P5	77.36	54	4,177.44
0.20	MCHP	MICROCHIP TECHNOLOGY INC	2592174	61.64	63	3,883.32
0.20	CSGP	COSTAR GROUP INC	2262864	79.75	48	3,828.00
0.20	DXCM	DEXCOM INC	B0796X4	81.01	47	3,807.47
0.20	TTWO	TAKE-TWO INTERAC	2122117	188.20	20	3,764.00
0.19	ZS	ZSCALER INC	BZ00V34	206.36	18	3,714.48
0.19	ANSS	ANSYS INC	2045623	361.45	10	3,614.50
0.17	ON	ON SEMICONDUCTOR	2583576	65.97	50	3,298.50
0.16	MDB	MONGODB INC	BF2FJ99	341.31	9	3,071.79
0.16	WBD	WARNER BROS DISCOVERY INC	BM8JYX3	10.65	284	3,024.60
0.15	SMCI	SUPER MICRO COMPUTER INC	BRC3N73	41.81	70	2,926.70
0.15	CDW	CDW CORP/DE	BBM5MD6	178.28	16	2,852.48
0.15	GFS	GLOBALFOUNDRIES INC	BMW7F63	44.38	64	2,840.32
0.14	BIIB	BIOGEN INC	2455965	160.92	17	2,735.64
0.13	ILMN	ILLUMINA INC	2613990	142.50	18	2,565.00
0.10	ARM	ARM HOLDINGS PLC-ADR	BNSP5P7	141.30	14	1,978.20
0.10	MRNA	MODERNA INC	BGSXTS3	41.63	45	1,873.35
0.06		CASH		1.00	1,187	1,186.85
0.04		XND US 12/20/24 P185		8.50	90	765.00
0.04		OTHER PAYABLE & RECEIVABLES		1.00	762	762.47
-0.83		XND US 12/20/24 C217		177.00	-90	-15,930.00

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 12/03/24

Return on Equity	21.90%
Weighted Avg. Market Cap	1,058,820 M
	2023	2024
Price-to-earnings	36.86	32.10
Price-to-book value	7.74	6.46

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus	Beta
S&P 500	0.64
NASDAQ-100	0.57
MSCI EAFE	0.46
MSCI Emg. Mkts	0.43
Standard Deviation	13.60%

Source: new windowAltaVista Research, LLC

ETF Research

ETF Documents

Latest Premium / Discount As of 12/04/24

NAV	$32.04
Market Price	$32.02
Premium / (Discount)	($0.02)

Current View 2024 Q4 As of 12/04/24

Days at Premium	18
Days at NAV	0
Days at Discount	28
Greatest Premium	0.24%
Greatest Discount	-0.20%

Daily Premium / Discount History As of 12/04/24

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 10/31, QCLR was rated against the following numbers of Options Trading funds over the following time periods: 149 during the last 3 years. With respect to these Options Trading funds, QCLR received a Morningstar Rating of 4 stars, respectively. Past performance is not indicative of future results.

© 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

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

QCLR 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. QCLR writes covered call index options on and purchases put options on the Nasdaq 100 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 Nasdaq 100 Index if the put options become in the money (Nasdaq 100 closes below the strike price as of the expiration date); but during periods where the Nasdaq 100 Index appreciates, the Fund will underperform due to the cost of the premiums paid. A liquid market may not exist for options held by the Fund. 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. QCLR is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Nasdaq, nor does this entity make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Nasdaq.