QCLR


Nasdaq 100 Collar 95-110 ETF

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 10/28/24

Inception Date 08/25/21
Total Expense Ratio 0.26%
Net Assets $1.84 million
NAV $30.60
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 10/28/24

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 0.30%

Distributions As of 10/28/24

30-Day SEC Yield 0.55%
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 10/28/24

NAV $30.60 Daily Change -$0.01 -0.03%
Market Price $30.55 Daily Change -$0.09 -0.29%

Performance History

As of recent month & quarter-end (09/30/24)
As of recent month & quarter-end (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 27.60% 27.74% 29.54%
3 Years 7.96% 7.89% 8.86%
Since Inception 6.88% 6.91% 7.77%
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 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%

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 10/28/24

Nasdaq 100 Price 20,351.07 Nasdaq 100 Mini Price 203.51

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short NASDAQ 100 Micro Call Option -$1,831,596 217 6.63% 12/20/2024 53

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long NASDAQ 100 Micro Put Option $1,831,596 185 -9.10% 12/20/2024 53

Top Holdings As of 10/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
8.91 AAPL APPLE INC 2046251 233.40 701 163,613.40
8.66 NVDA NVIDIA CORP 2379504 140.52 1,131 158,928.12
7.95 MSFT MICROSOFT CORP 2588173 426.59 342 145,893.78
5.17 AVGO BROADCOM INC BDZ78H9 172.02 552 94,955.04
5.04 META META PLATFORMS INC B7TL820 578.16 160 92,505.60
4.97 AMZN AMAZON.COM INC 2000019 188.39 484 91,180.76
3.19 TSLA TESLA INC B616C79 262.51 223 58,539.73
2.57 COST COSTCO WHOLESALE CORP 2701271 890.96 53 47,220.88
2.45 GOOGL ALPHABET INC-CL A BYVY8G0 166.72 270 45,014.40
2.36 GOOG ALPHABET INC-CL C BYY88Y7 168.34 257 43,263.38
2.08 NFLX NETFLIX INC 2857817 749.12 51 38,205.12
1.73 TMUS T-MOBILE US INC B94Q9V0 227.81 139 31,665.59
1.67 AMD ADVANCED MICRO DEVICES 2007849 159.92 192 30,704.64
1.51 PEP PEPSICO INC 2681511 169.84 163 27,683.92
1.48 LIN LINDE PLC BNZHB81 476.00 57 27,132.00
1.44 CSCO CISCO SYSTEMS INC 2198163 55.28 479 26,479.12
1.39 ADBE ADOBE INC 2008154 481.04 53 25,495.12
1.24 QCOM QUALCOMM INC 2714923 172.22 132 22,733.04
1.21 TXN TEXAS INSTRUMENTS INC 2885409 205.83 108 22,229.64
1.17 ISRG INTUITIVE SURGICAL INC 2871301 510.88 42 21,456.96
1.11 AMGN AMGEN INC 2023607 317.17 64 20,298.88
1.10 INTU INTUIT INC 2459020 612.09 33 20,198.97
1.04 CMCSA COMCAST CORP-CLASS A 2044545 41.84 458 19,162.72
1.00 AMAT APPLIED MATERIALS INC 2046552 185.34 99 18,348.66
0.95 BKNG BOOKING HOLDINGS INC BDRXDB4 4,347.59 4 17,390.36
0.88 HON HONEYWELL INTL 2020459 206.10 78 16,075.80
0.83 XND US 12/20/24 P185 169.50 90 15,255.00
0.80 VRTX VERTEX PHARM 2931034 476.37 31 14,767.47
0.77 PANW PALO ALTO NETWORKS INC B87ZMX0 362.35 39 14,131.65
0.76 ADP AUTOMATIC DATA PROCESSING 2065308 286.44 49 14,035.56
0.76 MU MICRON TECHNOLOGY INC 2588184 106.39 131 13,937.09
0.74 ADI ANALOG DEVICES INC 2032067 230.14 59 13,578.26
0.73 SBUX STARBUCKS CORP 2842255 98.02 136 13,330.72
0.71 GILD GILEAD SCIENCES INC 2369174 88.76 147 13,047.72
0.67 MELI MERCADOLIBRE INC B23X1H3 2,056.09 6 12,336.54
0.66 REGN REGENERON PHARMACEUTICALS 2730190 928.61 13 12,071.93
0.63 LRCX LAM RESEARCH CORP BSML4N7 75.45 154 11,619.30
0.63 INTC INTEL CORP 2463247 22.92 506 11,597.52
0.60 MDLZ MONDELEZ INTER-A B8CKK03 69.54 159 11,056.86
0.59 KLAC KLA CORP 2480138 674.35 16 10,789.60
0.55 CEG CONSTELLATION ENERGY BMH4FS1 266.98 38 10,145.24
0.55 PYPL PAYPAL HOLDINGS INC BYW36M8 83.59 121 10,114.39
0.55 CTAS CINTAS CORP 2197137 208.59 48 10,012.32
0.54 PDD PDD HOLDINGS INC BYVW0F7 125.79 79 9,937.41
0.49 SNPS SYNOPSYS INC 2867719 496.18 18 8,931.24
0.49 MAR MARRIOTT INTL-A 2210614 262.55 34 8,926.70
0.46 MRVL MARVELL TECHNOLOGY INC BNKJSM5 83.44 102 8,510.88
0.46 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,197.11 7 8,379.77
0.44 CRWD CROWDSTRIKE HO-A BJJP138 301.32 27 8,135.64
0.44 CDNS CADENCE DESIGN SYS INC 2302232 252.77 32 8,088.64
0.42 ASML ASML HOLDING-NY B908F01 706.99 11 7,776.94
0.42 NXPI NXP SEMICONDUCTORS NV B505PN7 249.70 31 7,740.70
0.42 CSX CSX CORP 2160753 33.26 230 7,649.80
0.40 FTNT FORTINET INC B5B2106 80.76 90 7,267.95
0.39 ADSK AUTODESK INC 2065159 286.52 25 7,163.00
0.39 ROP ROPER TECHNOLOGIES INC 2749602 545.13 13 7,086.69
0.39 ABNB AIRBNB INC-CLASS A BMGYYH4 135.78 52 7,060.56
0.38 DASH DOORDASH INC - A BN13P03 153.37 45 6,901.65
0.36 PCAR PACCAR INC 2665861 107.07 62 6,638.34
0.34 TTD TRADE DESK INC-A BD8FDD1 118.98 53 6,305.94
0.34 AEP AMERICAN ELECTRIC POWER 2026242 99.11 63 6,243.93
0.34 FANG DIAMONDBACK ENERGY INC B7Y8YR3 178.19 35 6,236.65
0.33 MNST MONSTER BEVERAGE CORP BZ07BW4 53.10 115 6,106.50
0.32 PAYX PAYCHEX INC 2674458 140.27 42 5,891.34
0.32 WDAY WORKDAY INC-CLASS A B8K6ZD1 234.95 25 5,873.75
0.32 CPRT COPART INC 2208073 51.85 113 5,859.05
0.31 CHTR CHARTER COMMUN-A BZ6VT82 329.67 17 5,604.39
0.30 ROST ROSS STORES INC 2746711 143.16 39 5,583.24
0.30 KDP KEURIG DR PEPPER INC BD3W133 33.86 160 5,417.60
0.28 ODFL OLD DOMINION FREIGHT LINE 2656423 200.88 26 5,222.88
0.28 AZN ASTRAZENECA PLC-SPONS ADR 2989044 76.01 68 5,168.68
0.28 FAST FASTENAL CO 2332262 76.67 67 5,136.89
0.27 KHC KRAFT HEINZ CO/THE BYRY499 35.13 142 4,988.46
0.27 MCHP MICROCHIP TECHNOLOGY INC 2592174 77.20 63 4,863.60
0.26 EXC EXELON CORP 2670519 40.23 119 4,787.37
0.25 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 85.93 54 4,640.22
0.25 DDOG DATADOG INC - CLASS A BKT9Y49 126.37 36 4,549.32
0.25 IDXX IDEXX LABORATORIES INC 2459202 449.44 10 4,494.40
0.24 EA ELECTRONIC ARTS INC 2310194 144.18 31 4,469.58
0.24 VRSK VERISK ANALYTICS INC B4P9W92 262.86 17 4,468.62
0.24 CTSH COGNIZANT TECH-A 2257019 74.98 58 4,348.84
0.24 BKR BAKER HUGHES CO BDHLTQ5 37.40 116 4,338.40
0.24 LULU LULULEMON ATHLETICA INC B23FN39 307.54 14 4,305.56
0.23 XEL XCEL ENERGY INC 2614807 64.48 66 4,255.68
0.23 CCEP COCA-COLA EUROPA BYQQ3P5 77.49 54 4,184.46
0.20 ON ON SEMICONDUCTOR 2583576 72.24 50 3,612.00
0.20 TEAM ATLASSIAN CORP-CL A BQ1PC76 188.66 19 3,584.54
0.19 CSGP COSTAR GROUP INC 2262864 74.31 48 3,566.88
0.19 CDW CDW CORP/DE BBM5MD6 218.50 16 3,496.00
0.19 DXCM DEXCOM INC B0796X4 72.10 47 3,388.70
0.18 ZS ZSCALER INC BZ00V34 187.00 18 3,366.00
0.18 SMCI SUPER MICRO COMPUTER INC BRC3N73 47.72 70 3,340.40
0.18 TTWO TAKE-TWO INTERAC 2122117 160.75 20 3,215.00
0.18 ANSS ANSYS INC 2045623 321.17 10 3,211.70
0.17 BIIB BIOGEN INC 2455965 185.01 17 3,145.17
0.14 ILMN ILLUMINA INC 2613990 144.03 18 2,592.54
0.14 GFS GLOBALFOUNDRIES INC BMW7F63 40.24 64 2,575.36
0.13 MRNA MODERNA INC BGSXTS3 54.80 45 2,466.00
0.13 MDB MONGODB INC BF2FJ99 272.18 9 2,449.62
0.12 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.61 284 2,161.24
0.11 ARM ARM HOLDINGS PLC-ADR BNSP5P7 150.02 14 2,100.28
0.09 CASH 1.00 1,729 1,729.43
0.09 DLTR DOLLAR TREE INC 2272476 66.26 25 1,656.50
-0.02 OTHER PAYABLE & RECEIVABLES 1.00 -300 -299.53
-0.72 XND US 12/20/24 C217 146.00 -90 -13,140.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 10/28/24

Return on Equity 22.60%
Weighted Avg. Market Cap 1,058,960 M
2023 2024
Price-to-earnings 34.89 30.45
Price-to-book value 7.61 6.29

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 09/30/24

Versus Beta
S&P 500 0.63
NASDAQ-100 0.57
MSCI EAFE 0.46
MSCI Emg. Mkts 0.44
Standard Deviation 13.80%

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 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.