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.
QCLR’s collar strategy aims to lessen drawdowns to approximately -5% from the purchase of the put to the options’ expiration in three months.
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 |
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.
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
Return on Equity | 25.10% | |
Weighted Avg. Market Cap | 1,113,900 M | |
2024 | 2025 | |
Price-to-earnings | 28.83 | 23.81 |
Price-to-book value | 6.66 | 5.40 |
NAV | $27.42 | Daily Change | $0.37 | 1.37% |
Market Price | $27.39 | Daily Change | $0.33 | 1.22% |
Option Positions | Notional Exposure | Strike | Upside Before Cap | Expiration Date | Calendar Days to Expiry |
---|---|---|---|---|---|
Short NASDAQ 100 Micro Call Option | -$211,358 | 216 | 12.42% | Jun 20 2025 | 57 |
Short NASDAQ Call Option | -$1,921,440 | 21600 | 12.42% | Jun 20 2025 | 57 |
Option Positions | Notional Exposure | Strike | Downside Before Floor | Expiration Date | Calendar Days to Expiry |
---|---|---|---|---|---|
Long NASDAQ Put Option | $1,921,440 | 18625 | -3.07% | Jun 20 2025 | 57 |
Long NASDAQ 100 Micro Put Option | $211,358 | 185 | -3.72% | Jun 20 2025 | 57 |
VERSUS | BETA |
---|---|
S&P 500 | 0.66 |
NASDAQ-100 | 0.57 |
MSCI EAFE | 0.46 |
MSCI Emg. Mkts | 0.43 |
Standard Deviation | 14.10% |
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
8.64 | AAPL | APPLE INC | 2046251 | 208.37 | 910 | 189,616.70 |
7.95 | MSFT | MICROSOFT CORP | 2588173 | 387.30 | 450 | 174,285.00 |
7.17 | NVDA | NVIDIA CORP | 2379504 | 106.43 | 1,478 | 157,303.54 |
5.45 | AMZN | AMAZON.COM INC | 2000019 | 186.54 | 641 | 119,572.14 |
4.03 | AVGO | BROADCOM INC | BDZ78H9 | 188.15 | 470 | 88,430.50 |
3.21 | META | META PLATFORMS INC | B7TL820 | 533.15 | 132 | 70,375.80 |
3.20 | NFLX | NETFLIX INC | 2857817 | 1,096.87 | 64 | 70,199.68 |
2.94 | COST | COSTCO WHOLESALE CORP | 2701271 | 975.48 | 66 | 64,381.68 |
2.61 | TSLA | TESLA INC | B616C79 | 259.51 | 221 | 57,351.71 |
2.56 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 159.28 | 353 | 56,225.84 |
As of recent month & quarter-end (Mar 31 2025) | Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | 5.37% | 5.64% | 7.66% |
3 Years | 7.68% | 7.61% | 9.02% |
Since Inception | 5.46% | 5.47% | 6.45% |
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.