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 08/30/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.22 million
NAV $31.69
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 08/29/24

Ticker XCLR
Bloomberg Index Ticker CLL3M
CUSIP 37960A305
ISIN US37960A3059
Primary Exchange NYSE Arca
Shares Outstanding 70,000
Number of Holdings 506
30-Day Median Bid-Ask Spread 0.32%

Distributions As of 08/30/24

30-Day SEC Yield 1.09%
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 08/30/24

NAV $31.69 Daily Change $0.36 1.15%
Market Price $31.60 Daily Change $0.29 0.93%

Performance History

As of recent
(06/30/24)
As of recent
(06/30/24)
Fund NAV Market Price Index
1 Year 20.28% 20.28% 20.59%
Since Inception 5.95% 5.95% 6.38%
1 Year 18.38% 18.57% 18.66%
Since Inception 6.13% 6.11% 6.56%
Year-to-Date 13.47% 13.55% 13.62%
1 Month 3.43% 3.61% 3.50%
3 Months 3.92% 3.92% 3.98%
Since Inception 17.89% 17.89% 19.26%
Year-to-Date 14.62% 14.63% 14.79%
1 Month 1.01% 0.94% 1.03%
3 Months 8.74% 8.63% 8.83%
Since Inception 19.08% 19.00% 20.48%

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 08/29/24

S&P 500 Price 5,591.96 S&P 500 Mini Price 559.20

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$1,677,588 6025 7.74% 09/20/2024 22
Short S&P 500 Mini Call Option -$503,276 600 7.30% 09/20/2024 22

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long S&P 500 Mini Put Option $503,276 520 -7.01% 09/20/2024 22
Long S&P 500 Put Option $1,677,588 5200 -7.01% 09/20/2024 22

Top Holdings As of 08/30/24

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6.93 AAPL APPLE INC 2046251 229.00 671 153,659.00
6.51 MSFT MICROSOFT CORP 2588173 417.14 346 144,330.44
6.16 NVDA NVIDIA CORP 2379504 119.37 1,145 136,678.65
3.43 AMZN AMAZON.COM INC 2000019 178.50 426 76,041.00
2.40 META META PLATFORMS INC B7TL820 521.31 102 53,173.62
2.03 GOOGL ALPHABET INC-CL A BYVY8G0 163.38 275 44,929.50
1.82 BRK/B BERKSHIRE HATH-B 2073390 475.92 85 40,453.20
1.70 GOOG ALPHABET INC-CL C BYY88Y7 165.11 229 37,810.19
1.60 LLY ELI LILLY & CO 2516152 960.02 37 35,520.74
1.49 AVGO BROADCOM INC BDZ78H9 162.82 203 33,052.46
1.35 JPM JPMORGAN CHASE & CO 2190385 224.80 133 29,898.40
1.26 TSLA TESLA INC B616C79 214.11 130 27,834.30
1.14 UNH UNITEDHEALTH GROUP INC 2917766 590.20 43 25,378.60
1.11 XOM EXXON MOBIL CORP 2326618 117.94 209 24,649.46
0.91 V VISA INC-CLASS A SHARES B2PZN04 276.37 73 20,175.01
0.86 PG PROCTER & GAMBLE CO/THE 2704407 171.54 111 19,040.94
0.85 JNJ JOHNSON & JOHNSON 2475833 165.86 114 18,908.04
0.85 COST COSTCO WHOLESALE CORP 2701271 892.38 21 18,739.98
0.83 MA MASTERCARD INC - A B121557 483.34 38 18,366.92
0.78 HD HOME DEPOT INC 2434209 368.50 47 17,319.50
0.74 ABBV ABBVIE INC B92SR70 196.31 84 16,490.04
0.69 WMT WALMART INC 2936921 77.23 199 15,368.77
0.63 NFLX NETFLIX INC 2857817 701.35 20 14,027.00
0.63 MRK MERCK & CO. INC. 2778844 118.45 118 13,977.10
0.59 KO COCA-COLA CO/THE 2206657 72.47 180 13,044.60
0.58 BAC BANK OF AMERICA CORP 2295677 40.75 317 12,917.75
0.54 ADBE ADOBE INC 2008154 574.41 21 12,062.61
0.54 CVX CHEVRON CORP 2838555 147.95 81 11,983.95
0.51 CRM SALESFORCE INC 2310525 252.90 45 11,380.50
0.51 AMD ADVANCED MICRO DEVICES 2007849 148.56 76 11,290.56
0.50 TMO THERMO FISHER 2886907 615.07 18 11,071.26
0.50 PEP PEPSICO INC 2681511 172.88 64 11,064.32
0.50 LIN LINDE PLC BNZHB81 478.25 23 10,999.75
0.47 ORCL ORACLE CORP 2661568 141.29 74 10,455.46
0.46 ACN ACCENTURE PLC-CL A B4BNMY3 341.95 30 10,258.50
0.44 MCD MCDONALD'S CORP 2550707 286.99 34 9,757.66
0.43 CSCO CISCO SYSTEMS INC 2198163 50.54 188 9,501.52
0.43 WFC WELLS FARGO & CO 2649100 58.47 162 9,472.14
0.42 TXN TEXAS INSTRUMENTS INC 2885409 214.34 43 9,216.62
0.41 ABT ABBOTT LABORATORIES 2002305 113.27 81 9,174.87
0.41 PM PHILIP MORRIS IN B2PKRQ3 123.29 74 9,123.46
0.41 QCOM QUALCOMM INC 2714923 175.30 52 9,115.60
0.41 GE GE AEROSPACE BL59CR9 174.62 52 9,080.24
0.39 IBM IBM 2005973 202.13 43 8,691.59
0.38 ISRG INTUITIVE SURGICAL INC 2871301 492.63 17 8,374.71
0.38 AMGN AMGEN INC 2023607 333.83 25 8,345.75
0.37 INTU INTUIT INC 2459020 630.26 13 8,193.38
0.37 CAT CATERPILLAR INC 2180201 356.10 23 8,190.30
0.36 DHR DANAHER CORP 2250870 269.31 30 8,079.30
0.36 VZ VERIZON COMMUNIC 2090571 41.78 193 8,063.54
0.35 BKNG BOOKING HOLDINGS INC BDRXDB4 3,909.23 2 7,818.46
0.35 RTX RTX CORPORATION BM5M5Y3 123.34 63 7,770.42
0.35 PFE PFIZER INC 2684703 29.01 267 7,745.67
0.35 NEE NEXTERA ENERGY INC 2328915 80.51 96 7,728.96
0.35 SPGI S&P GLOBAL INC BYV2325 513.24 15 7,698.60
0.35 NOW SERVICENOW INC B80NXX8 855.00 9 7,695.00
0.35 AMAT APPLIED MATERIALS INC 2046552 197.26 39 7,693.14
0.35 GS GOLDMAN SACHS GROUP INC 2407966 510.25 15 7,653.75
0.34 DIS WALT DISNEY CO/THE 2270726 90.38 84 7,591.92
0.34 UNP UNION PACIFIC CORP 2914734 256.09 29 7,426.61
0.32 CMCSA COMCAST CORP-CLASS A 2044545 39.57 181 7,162.17
0.32 UBER UBER TECHNOLOGIES INC BK6N347 73.13 97 7,093.61
0.31 PGR PROGRESSIVE CORP 2705024 252.20 27 6,809.40
0.30 T AT&T INC 2831811 19.90 338 6,726.20
0.30 AXP AMERICAN EXPRESS CO 2026082 258.65 26 6,724.90
0.30 LOW LOWE'S COS INC 2536763 248.50 27 6,709.50
0.29 COP CONOCOPHILLIPS 2685717 113.79 56 6,372.24
0.29 BLK BLACKROCK INC 2494504 901.81 7 6,312.67
0.28 HON HONEYWELL INTL 2020459 207.91 30 6,237.30
0.28 MS MORGAN STANLEY 2262314 103.61 60 6,216.60
0.28 TJX TJX COMPANIES INC 2989301 117.27 53 6,215.31
0.28 ELV ELEVANCE HEALTH INC BSPHGL4 556.89 11 6,125.79
0.27 VRTX VERTEX PHARM 2931034 495.89 12 5,950.68
0.27 REGN REGENERON PHARMACEUTICALS 2730190 1,184.69 5 5,923.45
0.26 ETN EATON CORP PLC B8KQN82 306.93 19 5,831.67
0.26 SYK STRYKER CORP 2853688 360.42 16 5,766.72
0.26 CB CHUBB LTD B3BQMF6 284.18 20 5,683.60
0.26 LMT LOCKHEED MARTIN CORP 2522096 564.95 10 5,649.50
0.25 PLD PROLOGIS INC B44WZD7 127.82 44 5,624.08
0.25 ADI ANALOG DEVICES INC 2032067 233.92 24 5,614.08
0.25 C CITIGROUP INC 2297907 62.64 89 5,574.96
0.25 ADP AUTOMATIC DATA PROCESSING 2065308 275.91 20 5,518.20
0.25 PANW PALO ALTO NETWORKS INC B87ZMX0 362.72 15 5,440.80
0.24 BSX BOSTON SCIENTIFIC CORP 2113434 81.79 66 5,398.14
0.24 MDT MEDTRONIC PLC BTN1Y11 88.58 60 5,314.80
0.24 MMC MARSH & MCLENNAN COS 2567741 227.51 23 5,232.73
0.23 AMT AMERICAN TOWER CORP B7FBFL2 224.06 23 5,153.38
0.23 MU MICRON TECHNOLOGY INC 2588184 96.24 53 5,100.72
0.23 CI THE CIGNA GROUP BHJ0775 361.81 14 5,065.34
0.23 SBUX STARBUCKS CORP 2842255 94.57 53 5,012.21
0.22 LRCX LAM RESEARCH CORP 2502247 821.01 6 4,926.06
0.22 KLAC KLA CORP 2480138 819.43 6 4,916.58
0.22 FI FISERV INC 2342034 174.60 28 4,888.80
0.22 NKE NIKE INC -CL B 2640147 82.95 58 4,811.10
0.21 BMY BRISTOL-MYERS SQUIBB CO 2126335 49.95 95 4,745.25
0.21 BX BLACKSTONE INC BKF2SL7 142.36 33 4,697.88
0.21 DE DEERE & CO 2261203 385.74 12 4,628.88
0.21 MDLZ MONDELEZ INTER-A B8CKK03 71.81 64 4,595.84
0.21 TMUS T-MOBILE US INC B94Q9V0 198.72 23 4,570.56
0.21 XSP US 09/20/24 P520 507.50 9 4,567.50
0.21 SCHW SCHWAB (CHARLES) CORP 2779397 65.10 70 4,557.00
0.20 BA BOEING CO/THE 2108601 173.74 26 4,517.24
0.20 SO SOUTHERN CO/THE 2829601 86.40 52 4,492.80
0.20 INTC INTEL CORP 2463247 22.04 201 4,430.04
0.20 GILD GILEAD SCIENCES INC 2369174 79.00 56 4,424.00
0.20 UPS UNITED PARCEL-B 2517382 128.55 34 4,370.70
0.20 ICE INTERCONTINENTAL BFSSDS9 161.55 27 4,361.85
0.19 MO ALTRIA GROUP INC 2692632 53.77 79 4,247.83
0.19 ANET ARISTA NETWORKS INC BN33VM5 353.38 12 4,240.56
0.19 DUK DUKE ENERGY CORP B7VD3F2 113.95 37 4,216.15
0.19 TDG TRANSDIGM GROUP INC B11FJK3 1,373.21 3 4,119.63
0.18 SHW SHERWIN-WILLIAMS CO/THE 2804211 369.37 11 4,063.07
0.18 ZTS ZOETIS INC B95WG16 183.49 22 4,036.78
0.17 CL COLGATE-PALMOLIVE CO 2209106 106.50 36 3,834.00
0.17 WM WASTE MANAGEMENT INC 2937667 212.04 18 3,816.72
0.17 KKR KKR & CO INC BG1FRR1 123.77 30 3,713.10
0.17 CME CME GROUP INC 2965839 215.74 17 3,667.58
0.16 NOC NORTHROP GRUMMAN CORP 2648806 521.15 7 3,648.05
0.16 APH AMPHENOL CORP-CL A 2145084 67.45 54 3,642.30
0.16 SNPS SYNOPSYS INC 2867719 519.58 7 3,637.06
0.16 TT TRANE TECHNOLOGIES PLC BK9ZQ96 361.66 10 3,616.60
0.16 PH PARKER HANNIFIN CORP 2671501 600.20 6 3,601.20
0.16 HCA HCA HEALTHCARE INC B4MGBG6 395.59 9 3,560.31
0.16 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 442.04 8 3,536.32
0.16 MMM 3M CO 2595708 134.69 26 3,501.94
0.16 EOG EOG RESOURCES INC 2318024 128.82 27 3,478.14
0.16 PYPL PAYPAL HOLDINGS INC BYW36M8 72.43 48 3,476.64
0.16 AON AON PLC-CLASS A BLP1HW5 343.72 10 3,437.20
0.16 CVS CVS HEALTH CORP 2577609 57.24 60 3,434.40
0.15 MCO MOODY'S CORP 2252058 487.74 7 3,414.18
0.15 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,129.97 3 3,389.91
0.15 MCK MCKESSON CORP 2378534 561.08 6 3,366.48
0.15 CMG CHIPOTLE MEXICAN B0X7DZ3 56.08 60 3,364.80
0.15 EQIX EQUINIX INC BVLZX12 834.36 4 3,337.44
0.15 PNC PNC FINANCIAL SE 2692665 185.09 18 3,331.62
0.15 ITW ILLINOIS TOOL WORKS 2457552 253.18 13 3,291.34
0.15 WELL WELLTOWER INC BYVYHH4 120.68 27 3,258.36
0.15 CDNS CADENCE DESIGN SYS INC 2302232 268.93 12 3,227.16
0.15 TGT TARGET CORP 2259101 153.62 21 3,226.02
0.15 CTAS CINTAS CORP 2197137 805.12 4 3,220.48
0.15 USB US BANCORP 2736035 47.23 68 3,211.64
0.14 AZO AUTOZONE INC 2065955 3,181.48 1 3,181.48
0.14 BDX BECTON DICKINSON AND CO 2087807 242.41 13 3,151.33
0.14 NXPI NXP SEMICONDUCTORS NV B505PN7 256.36 12 3,076.32
0.14 APD AIR PRODS & CHEM 2011602 278.85 11 3,067.35
0.14 CRWD CROWDSTRIKE HO-A BJJP138 277.28 11 3,050.08
0.14 CSX CSX CORP 2160753 34.27 89 3,050.03
0.14 GD GENERAL DYNAMICS CORP 2365161 299.36 10 2,993.60
0.14 FDX FEDEX CORP 2142784 298.77 10 2,987.70
0.13 FCX FREEPORT-MCMORAN INC 2352118 44.28 67 2,966.76
0.13 EMR EMERSON ELECTRIC CO 2313405 105.39 28 2,950.92
0.13 CEG CONSTELLATION ENERGY BMH4FS1 196.70 15 2,950.50
0.13 SLB SCHLUMBERGER LTD 2779201 43.99 67 2,947.33
0.13 PSX PHILLIPS 66 B78C4Y8 140.31 21 2,946.51
0.13 NEM NEWMONT CORP 2636607 53.39 55 2,936.45
0.13 AJG ARTHUR J GALLAGHER & CO 2359506 292.57 10 2,925.70
0.13 MPC MARATHON PETROLEUM CORP B3K3L40 177.12 16 2,833.92
0.13 TFC TRUIST FINANCIAL CORP BKP7287 44.46 63 2,800.98
0.13 ECL ECOLAB INC 2304227 253.18 11 2,784.98
0.13 ROP ROPER TECHNOLOGIES INC 2749602 554.41 5 2,772.05
0.12 PSA PUBLIC STORAGE 2852533 343.72 8 2,749.76
0.12 GM GENERAL MOTORS CO B665KZ5 49.78 54 2,688.12
0.12 SPG SIMON PROPERTY GROUP INC 2812452 167.35 16 2,677.60
0.12 WMB WILLIAMS COS INC 2967181 45.77 58 2,654.66
0.12 COF CAPITAL ONE FINA 2654461 146.93 18 2,644.74
0.12 DHI DR HORTON INC 2250687 188.76 14 2,642.64
0.12 HLT HILTON WORLDWIDE BYVMW06 219.64 12 2,635.68
0.12 OKE ONEOK INC 2130109 92.36 28 2,586.08
0.12 ADSK AUTODESK INC 2065159 258.40 10 2,584.00
0.12 MAR MARRIOTT INTL-A 2210614 234.69 11 2,581.59
0.12 NSC NORFOLK SOUTHERN CORP 2641894 256.16 10 2,561.60
0.12 CARR CARRIER GLOBAL CORP BK4N0D7 72.78 35 2,547.30
0.11 AEP AMERICAN ELECTRIC POWER 2026242 100.28 25 2,507.00
0.11 AIG AMERICAN INTERNA 2027342 77.05 32 2,465.60
0.11 KMB KIMBERLY-CLARK CORP 2491839 144.66 17 2,459.22
0.11 AFL AFLAC INC 2026361 110.36 22 2,427.92
0.11 O REALTY INCOME CORP 2724193 61.85 39 2,412.03
0.11 GEV GE VERNOVA INC BP6H4Y1 201.00 12 2,412.00
0.11 ROST ROSS STORES INC 2746711 150.61 16 2,409.76
0.11 SRE SEMPRA 2138158 82.18 29 2,383.22
0.11 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 236.67 10 2,366.70
0.11 ABNB AIRBNB INC-CLASS A BMGYYH4 117.31 20 2,346.20
0.11 OTHER PAYABLE & RECEIVABLES 1.00 2,333 2,332.77
0.11 MSCI MSCI INC B2972D2 580.59 4 2,322.36
0.11 BK BANK NY MELLON B1Z77F6 68.22 34 2,319.48
0.10 PCAR PACCAR INC 2665861 96.18 24 2,308.32
0.10 D DOMINION ENERGY INC 2542049 55.90 41 2,291.90
0.10 TRV TRAVELERS COS INC/THE 2769503 228.07 10 2,280.70
0.10 ALL ALLSTATE CORP 2019952 188.94 12 2,267.28
0.10 JCI JOHNSON CONTROLS BY7QL61 72.85 31 2,258.35
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 449.44 5 2,247.20
0.10 MET METLIFE INC 2573209 77.48 29 2,246.92
0.10 FIS FIDELITY NATIONA 2769796 82.45 27 2,226.15
0.10 CPRT COPART INC 2208073 52.96 42 2,224.32
0.10 URI UNITED RENTALS INC 2134781 741.26 3 2,223.78
0.10 VLO VALERO ENERGY CORP 2041364 146.73 15 2,200.95
0.10 PRU PRUDENTIAL FINANCIAL INC 2819118 121.16 18 2,180.88
0.10 TEL TE CONNECTIVITY LTD B62B7C3 153.60 14 2,150.40
0.10 FTNT FORTINET INC B5B2106 76.71 28 2,147.88
0.10 CCI CROWN CASTLE INC BTGQCX1 112.02 19 2,128.38
0.10 HUM HUMANA INC 2445063 354.47 6 2,126.82
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 151.61 14 2,122.54
0.09 F FORD MOTOR CO 2615468 11.19 185 2,070.15
0.09 MCHP MICROCHIP TECHNOLOGY INC 2592174 82.16 25 2,054.00
0.09 IQV IQVIA HOLDINGS INC BDR73G1 251.55 8 2,012.40
0.09 LEN LENNAR CORP-A 2511920 182.06 11 2,002.66
0.09 GWW WW GRAINGER INC 2380863 984.92 2 1,969.84
0.09 PAYX PAYCHEX INC 2674458 131.20 15 1,968.00
0.09 HES HESS CORP 2023748 138.06 14 1,932.84
0.09 PCG P G & E CORP 2689560 19.70 98 1,930.60
0.09 PWR QUANTA SERVICES INC 2150204 275.13 7 1,925.91
0.09 IDXX IDEXX LABORATORIES INC 2459202 481.33 4 1,925.32
0.09 FAST FASTENAL CO 2332262 68.28 28 1,911.84
0.09 EW EDWARDS LIFESCIENCES CORP 2567116 69.96 27 1,888.92
0.09 YUM YUM! BRANDS INC 2098876 134.92 14 1,888.88
0.09 AME AMETEK INC 2089212 171.05 11 1,881.55
0.09 CMI CUMMINS INC 2240202 312.85 6 1,877.10
0.09 KMI KINDER MORGAN INC B3NQ4P8 21.57 87 1,876.59
0.08 RSG REPUBLIC SERVICES INC 2262530 208.21 9 1,873.89
0.08 MPWR MONOLITHIC POWER B01Z7J1 934.68 2 1,869.36
0.08 CTSH COGNIZANT TECH-A 2257019 77.77 24 1,866.48
0.08 A AGILENT TECHNOLOGIES INC 2520153 142.92 13 1,857.96
0.08 EFX EQUIFAX INC 2319146 306.74 6 1,840.44
0.08 ED CONSOLIDATED EDISON INC 2216850 101.56 18 1,828.08
0.08 OXY OCCIDENTAL PETROLEUM CORP 2655408 56.98 32 1,823.36
0.08 KVUE KENVUE INC BQ84ZQ6 21.95 83 1,821.85
0.08 OTIS OTIS WORLDWIDE CORP BK531S8 94.69 19 1,799.11
0.08 EXC EXELON CORP 2670519 38.09 47 1,790.23
0.08 PEG PUB SERV ENTERP 2707677 80.75 22 1,776.50
0.08 CTVA CORTEVA INC BK73B42 57.13 31 1,771.03
0.08 DOW DOW INC BHXCF84 53.58 33 1,768.14
0.08 HWM HOWMET AEROSPACE INC BKLJ8V2 96.66 18 1,739.88
0.08 IR INGERSOLL-RAND INC BL5GZ82 91.45 19 1,737.55
0.08 GIS GENERAL MILLS INC 2367026 72.29 24 1,734.96
0.08 CNC CENTENE CORP 2807061 78.83 22 1,734.26
0.08 FICO FAIR ISAAC CORP 2330299 1,730.27 1 1,730.27
0.08 KDP KEURIG DR PEPPER INC BD3W133 36.61 47 1,720.67
0.08 VMC VULCAN MATERIALS CO 2931205 245.21 7 1,716.47
0.08 RMD RESMED INC 2732903 245.02 7 1,715.14
0.08 KR KROGER CO 2497406 53.21 32 1,702.72
0.08 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 84.82 20 1,696.42
0.08 ACGL ARCH CAPITAL GROUP LTD 2740542 113.09 15 1,696.35
0.08 SPX US 09/20/24 P5200 565.00 3 1,695.00
0.08 DD DUPONT DE NEMOURS INC BK0VN47 84.25 20 1,685.00
0.08 STZ CONSTELLATION-A 2170473 240.71 7 1,684.97
0.08 COR CENCORA INC 2795393 239.57 7 1,676.99
0.08 VICI VICI PROPERTIES INC BYWH073 33.48 50 1,674.00
0.08 NUE NUCOR CORP 2651086 151.91 11 1,671.01
0.08 EA ELECTRONIC ARTS INC 2310194 151.82 11 1,670.02
0.08 BKR BAKER HUGHES CO BDHLTQ5 35.17 47 1,652.99
0.07 RCL ROYAL CARIBBEAN 2754907 164.62 10 1,646.20
0.07 SYY SYSCO CORP 2868165 77.97 21 1,637.37
0.07 VRSK VERISK ANALYTICS INC B4P9W92 272.82 6 1,636.92
0.07 HIG HARTFORD FINL SV 2476193 115.63 14 1,618.82
0.07 TRGP TARGA RESOURCES CORP B55PZY3 146.90 11 1,615.90
0.07 MNST MONSTER BEVERAGE CORP BZ07BW4 47.13 34 1,602.42
0.07 MLM MARTIN MARIETTA MATERIALS 2572079 533.37 3 1,600.11
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 177.00 9 1,593.00
0.07 IRM IRON MOUNTAIN INC BVFTF03 113.26 14 1,585.64
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 195.11 8 1,560.88
0.07 ON ON SEMICONDUCTOR 2583576 77.87 20 1,557.40
0.07 ODFL OLD DOMINION FREIGHT LINE 2656423 192.80 8 1,542.40
0.07 WAB WABTEC CORP 2955733 169.57 9 1,526.13
0.07 DFS DISCOVER FINANCI B1YLC43 138.71 11 1,525.81
0.07 XYL XYLEM INC B3P2CN8 137.53 11 1,512.83
0.07 CBRE CBRE GROUP INC - A B6WVMH3 115.14 13 1,496.82
0.07 IT GARTNER INC 2372763 491.96 3 1,475.88
0.07 XEL XCEL ENERGY INC 2614807 61.23 24 1,469.52
0.07 GLW CORNING INC 2224701 41.85 35 1,464.75
0.07 AXON AXON ENTERPRISE INC BDT5S35 364.97 4 1,459.88
0.07 HPQ HP INC BYX4D52 36.18 40 1,447.20
0.07 MTD METTLER-TOLEDO 2126249 1,439.08 1 1,439.08
0.07 AWK AMERICAN WATER W B2R3PV1 143.12 10 1,431.20
0.06 WEC WEC ENERGY GROUP INC BYY8XK8 93.03 15 1,395.45
0.06 EIX EDISON INTERNATIONAL 2829515 87.03 16 1,392.48
0.06 CSGP COSTAR GROUP INC 2262864 77.30 18 1,391.40
0.06 CHTR CHARTER COMMUN-A BZ6VT82 347.54 4 1,390.16
0.06 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 154.12 9 1,387.08
0.06 KHC KRAFT HEINZ CO/THE BYRY499 35.43 39 1,381.77
0.06 DTE DTE ENERGY COMPANY 2280220 125.02 11 1,375.22
0.06 VST Vistra Corp. BZ8VJQ8 85.43 16 1,366.88
0.06 MTB M & T BANK CORP 2340168 170.76 8 1,366.08
0.06 ROK ROCKWELL AUTOMATION INC 2754060 272.03 5 1,360.15
0.06 DAL DELTA AIR LINES INC B1W9D46 42.49 32 1,359.68
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 225.73 6 1,354.38
0.06 HSY HERSHEY CO/THE 2422806 193.06 7 1,351.42
0.06 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.99 22 1,341.78
0.06 TSCO TRACTOR SUPPLY COMPANY 2900335 267.55 5 1,337.75
0.06 GPN GLOBAL PAYMENTS INC 2712013 111.01 12 1,332.12
0.06 HAL HALLIBURTON CO 2405302 31.09 42 1,305.78
0.06 DOV DOVER CORP 2278407 186.03 7 1,302.21
0.06 EBAY EBAY INC 2293819 59.10 22 1,300.20
0.06 TDY TELEDYNE TECHNOLOGIES INC 2503477 432.80 3 1,298.40
0.06 LULU LULULEMON ATHLETICA INC B23FN39 259.47 5 1,297.35
0.06 TTWO TAKE-TWO INTERAC 2122117 161.71 8 1,293.68
0.06 ANSS ANSYS INC 2045623 321.42 4 1,285.68
0.06 GRMN GARMIN LTD B3Z5T14 183.29 7 1,283.03
0.06 BR BROADRIDGE FINL B1VP7R6 212.86 6 1,277.16
0.06 ZBH ZIMMER BIOMET HO 2783815 115.46 11 1,270.06
0.06 FTV FORTIVE CORP BYT3MK1 74.40 17 1,264.80
0.06 CPAY CORPAY INC BMX5GK7 315.55 4 1,262.20
0.06 WST WEST PHARMACEUT 2950482 313.63 4 1,254.52
0.06 DVN DEVON ENERGY CORP 2480677 44.78 28 1,253.84
0.06 VLTO VERALTO CORP BPGMZQ5 112.43 11 1,236.73
0.06 BIIB BIOGEN INC 2455965 204.76 6 1,228.56
0.06 HPE HEWLETT PACKA BYVYWS0 19.37 63 1,220.31
0.06 STT STATE STREET CORP 2842040 87.10 14 1,219.40
0.05 NTAP NETAPP INC 2630643 120.72 10 1,207.20
0.05 ESS ESSEX PROPERTY TRUST INC 2316619 301.79 4 1,207.16
0.05 HUBB HUBBELL INC BDFG6S3 399.92 3 1,199.76
0.05 FITB FIFTH THIRD BANCORP 2336747 42.69 28 1,195.32
0.05 PHM PULTEGROUP INC 2708841 131.65 9 1,184.85
0.05 DXCM DEXCOM INC B0796X4 69.34 17 1,178.78
0.05 TYL TYLER TECHNOLOGIES INC 2909644 587.87 2 1,175.74
0.05 WTW WILLIS TOWERS WATSON PLC BDB6Q21 292.11 4 1,168.44
0.05 PPG PPG INDUSTRIES INC 2698470 129.73 9 1,167.57
0.05 MRNA MODERNA INC BGSXTS3 77.40 15 1,161.00
0.05 NDAQ NASDAQ INC 2965107 72.08 16 1,153.28
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 103.99 11 1,143.89
0.05 SW SMURFIT WESTROCK PLC BRK49M5 47.42 24 1,138.08
0.05 FSLR FIRST SOLAR INC B1HMF22 227.37 5 1,136.85
0.05 SBAC SBA COMMUNICATIONS CORP BZ6TS23 226.66 5 1,133.30
0.05 CDW CDW CORP/DE BBM5MD6 225.64 5 1,128.20
0.05 CHD CHURCH & DWIGHT CO INC 2195841 101.88 11 1,120.68
0.05 K KELLANOVA 2486813 80.04 14 1,120.56
0.05 VTR VENTAS INC 2927925 62.11 18 1,117.98
0.05 PPL PPL CORP 2680905 31.91 35 1,116.85
0.05 LDOS LEIDOS HOLDINGS INC BDV82B8 158.51 7 1,109.57
0.05 OMC OMNICOM GROUP 2279303 100.43 11 1,104.73
0.05 FE FIRSTENERGY CORP 2100920 43.92 25 1,098.00
0.05 ETR ENTERGY CORP 2317087 120.69 9 1,086.21
0.05 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 98.70 11 1,085.70
0.05 ES EVERSOURCE ENERGY BVVN4Q8 67.53 16 1,080.48
0.05 RJF RAYMOND JAMES 2718992 119.57 9 1,076.13
0.05 INVH INVITATION HOMES INC BD81GW9 36.84 29 1,068.36
0.05 WY WEYERHAEUSER CO 2958936 30.49 35 1,067.15
0.05 TROW T ROWE PRICE GROUP INC 2702337 106.04 10 1,060.40
0.05 ULTA ULTA BEAUTY INC B28TS42 352.84 3 1,058.52
0.05 COO COOPER COS INC/THE BQPDXR3 105.73 10 1,057.30
0.05 J JACOBS SOLUTIONS INC BNGC0D3 150.88 7 1,056.16
0.05 BRO BROWN & BROWN INC 2692687 105.13 10 1,051.30
0.05 MOH MOLINA HEALTHCARE INC 2212706 349.79 3 1,049.37
0.05 EQR EQUITY RESIDENTIAL 2319157 74.88 14 1,048.32
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 14.97 70 1,047.90
0.05 WAT WATERS CORP 2937689 346.35 3 1,039.05
0.05 ZBRA ZEBRA TECH CORP 2989356 345.38 3 1,036.14
0.05 CBOE CBOE GLOBAL MARKETS INC B5834C5 205.40 5 1,027.00
0.05 CAH CARDINAL HEALTH INC 2175672 112.72 9 1,014.48
0.05 GDDY GODADDY INC - CLASS A BWFRFC6 167.41 6 1,004.46
0.05 NTRS NORTHERN TRUST CORP 2648668 91.21 11 1,003.31
0.05 GPC GENUINE PARTS CO 2367480 143.26 7 1,002.82
0.04 EXPE EXPEDIA GROUP INC B748CK2 139.09 7 973.63
0.04 STE STERIS PLC BFY8C75 241.10 4 964.40
0.04 DECK DECKERS OUTDOOR CORP 2267278 959.29 1 959.29
0.04 TER TERADYNE INC 2884183 136.73 7 957.11
0.04 STLD STEEL DYNAMICS INC 2849472 119.51 8 956.08
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 50.26 19 954.94
0.04 UHS UNIVERSAL HLTH-B 2923785 237.77 4 951.08
0.04 ALGN ALIGN TECHNOLOGY INC 2679204 237.22 4 948.88
0.04 APTV APTIV PLC B783TY6 71.53 13 929.89
0.04 LH LABCORP HOLDINGS INC BSBK800 229.89 4 919.56
0.04 WDC WESTERN DIGITAL CORP 2954699 65.59 14 918.26
0.04 BBY BEST BUY CO INC 2094670 100.40 9 903.60
0.04 TSN TYSON FOODS INC-CL A 2909730 64.31 14 900.34
0.04 STX SEAGATE TECHNOLO BKVD2N4 99.55 9 895.95
0.04 WRB WR BERKLEY CORP 2093644 59.70 15 895.50
0.04 PTC PTC INC B95N910 179.09 5 895.45
0.04 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.84 112 878.08
0.04 SMCI SUPER MICRO COMPUTER INC B1VQR35 437.70 2 875.40
0.04 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 174.00 5 870.00
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 123.41 7 863.87
0.04 RF REGIONS FINANCIAL CORP B01R311 23.17 37 857.29
0.04 CTRA COTERRA ENERGY INC 2162340 24.33 35 851.55
0.04 SNA SNAP-ON INC 2818740 283.74 3 851.22
0.04 ENPH ENPHASE ENERGY INC B65SQW4 121.04 7 847.28
0.04 FDS FACTSET RESEARCH 2329770 422.84 2 845.68
0.04 PKG PACKAGING CORP OF AMERICA 2504566 209.54 4 838.16
0.04 DG DOLLAR GENERAL CORP B5B1S13 82.97 10 829.70
0.04 DPZ DOMINO'S PIZZA INC B01SD70 414.21 2 828.42
0.04 EL ESTEE LAUDER 2320524 91.66 9 824.94
0.04 IP INTERNATIONAL PAPER CO 2465254 48.42 17 823.14
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 137.03 6 822.18
0.04 LNT ALLIANT ENERGY CORP 2973821 58.27 14 815.78
0.04 FFIV F5 INC 2427599 203.15 4 812.60
0.04 MAA MID-AMERICA APAR 2589132 162.37 5 811.85
0.04 BG BUNGE GLOBAL SA BQ6BPG9 101.38 8 811.04
0.04 LUV SOUTHWEST AIRLINES CO 2831543 28.92 28 809.76
0.04 MRO MARATHON OIL CORP 2910970 28.65 28 802.20
0.04 DRI DARDEN RESTAURANTS INC 2289874 158.15 5 790.75
0.04 EG EVEREST GROUP LTD 2556868 392.24 2 784.48
0.04 NDSN NORDSON CORP 2641838 256.56 3 769.68
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 109.59 7 767.13
0.03 NRG NRG ENERGY INC 2212922 85.01 9 765.09
0.03 BALL BALL CORP 2073022 63.61 12 763.32
0.03 DLTR DOLLAR TREE INC 2272476 84.49 9 760.41
0.03 BAX BAXTER INTERNATIONAL INC 2085102 37.94 20 758.80
0.03 CMS CMS ENERGY CORP 2219224 67.86 11 746.46
0.03 AEE AMEREN CORPORATION 2050832 82.51 9 742.59
0.03 GEN GEN DIGITAL INC BJN4XN5 26.46 28 740.88
0.03 L LOEWS CORP 2523022 81.94 9 737.46
0.03 VRSN VERISIGN INC 2142922 183.90 4 735.60
0.03 PFG PRINCIPAL FINANCIAL GROUP 2803014 81.42 9 732.78
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 43.05 17 731.85
0.03 HOLX HOLOGIC INC 2433530 81.24 9 731.16
0.03 TXT TEXTRON INC 2885937 91.20 8 729.60
0.03 MKC MCCORMICK-N/V 2550161 80.03 9 720.27
0.03 ARE ALEXANDRIA REAL 2009210 119.57 6 717.42
0.03 SWK STANLEY BLACK & B3Q2FJ4 101.54 7 710.78
0.03 EQT EQT CORP 2319414 33.51 21 703.71
0.03 POOL POOL CORP 2781585 351.62 2 703.24
0.03 LVS LAS VEGAS SANDS CORP B02T2J7 38.99 18 701.82
0.03 NI NISOURCE INC 2645409 33.06 21 694.26
0.03 LYV LIVE NATION ENTE B0T7YX2 97.67 7 683.69
0.03 CNP CENTERPOINT ENERGY INC 2440637 27.30 25 682.50
0.03 IPG INTERPUBLIC GRP 2466321 32.28 21 677.88
0.03 AVY AVERY DENNISON CORP 2066408 221.85 3 665.55
0.03 CF CF INDUSTRIES HO B0G4K50 83.09 8 664.72
0.03 CCL CARNIVAL CORP 2523044 16.50 40 660.00
0.03 ATO ATMOS ENERGY CORP 2315359 130.74 5 653.70
0.03 CE CELANESE CORP B05MZT4 130.60 5 653.00
0.03 KIM KIMCO REALTY CORP 2491594 23.26 28 651.28
0.03 VTRS VIATRIS INC BMWS3X9 12.08 53 640.24
0.03 MAS MASCO CORP 2570200 79.56 8 636.48
0.03 CLX CLOROX COMPANY 2204026 158.31 4 633.24
0.03 KEY KEYCORP 2490911 17.06 37 631.22
0.03 DGX QUEST DIAGNOSTICS INC 2702791 156.97 4 627.88
0.03 GNRC GENERAC HOLDINGS INC B6197Q2 156.53 4 626.12
0.03 TRMB TRIMBLE INC 2903958 56.69 11 623.59
0.03 UDR UDR INC 2727910 44.51 14 623.14
0.03 CASH 1.00 622 622.34
0.03 PNR PENTAIR PLC BLS09M3 88.69 7 620.83
0.03 MHK MOHAWK INDUSTRIES INC 2598699 155.14 4 620.56
0.03 HST HOST HOTELS & RESORTS INC 2567503 17.70 35 619.50
0.03 IEX IDEX CORP 2456612 206.48 3 619.44
0.03 AES AES CORP 2002479 17.13 36 616.68
0.03 UAL UNITED AIRLINES B4QG225 44.04 14 616.56
0.03 RVTY REVVITY INC 2305844 122.54 5 612.70
0.03 PODD INSULET CORP B1XGNW4 202.77 3 608.31
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 200.76 3 602.28
0.03 ROL ROLLINS INC 2747305 50.18 12 602.16
0.03 NWSA NEWS CORP - CLASS A BBGVT40 28.33 21 594.93
0.03 CRL CHARLES RIVER LA 2604336 197.75 3 593.25
0.03 CAG CONAGRA BRANDS INC 2215460 31.20 19 592.80
0.03 KMX CARMAX INC 2983563 84.55 7 591.85
0.03 AIZ ASSURANT INC 2331430 195.63 3 586.89
0.03 AMCR AMCOR PLC BJ1F307 11.44 51 583.44
0.03 LKQ LKQ CORP 2971029 41.59 14 582.26
0.03 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 22.28 26 579.28
0.03 HII HUNTINGTON INGAL B40SSC9 282.77 2 565.54
0.03 ALLE ALLEGION PLC BFRT3W7 138.84 4 555.36
0.03 JBL JABIL INC 2471789 109.28 5 546.40
0.03 JNPR JUNIPER NETWORKS INC 2431846 38.88 14 544.32
0.02 INCY INCYTE CORP 2471950 65.66 8 525.28
0.02 JKHY JACK HENRY 2469193 173.03 3 519.09
0.02 TECH BIO-TECHNE CORP BSHZ3Q0 73.99 7 517.93
0.02 CHRW CH ROBINSON 2116228 103.51 5 517.55
0.02 MOS MOSAIC CO/THE B3NPHP6 28.57 18 514.26
0.02 RL RALPH LAUREN CORP B4V9661 171.26 3 513.78
0.02 EMN EASTMAN CHEMICAL CO 2298386 102.37 5 511.85
0.02 AKAM AKAMAI TECHNOLOGIES INC 2507457 101.84 5 509.20
0.02 REG REGENCY CENTERS CORP 2726177 72.69 7 508.83
0.02 CPT CAMDEN PROPERTY TRUST 2166320 125.20 4 500.80
0.02 HSIC HENRY SCHEIN INC 2416962 70.55 7 493.85
0.02 TFX TELEFLEX INC 2881407 245.17 2 490.34
0.02 PAYC PAYCOM SOFTWARE INC BL95MY0 162.78 3 488.34
0.02 CTLT CATALENT INC BP96PQ4 60.96 8 487.68
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 242.39 2 484.78
0.02 MTCH MATCH GROUP INC BK80XH9 37.21 13 483.73
0.02 HAS HASBRO INC 2414580 68.16 7 477.12
0.02 IVZ INVESCO LTD B28XP76 17.09 27 461.43
0.02 SJM JM SMUCKER CO/THE 2951452 114.68 4 458.72
0.02 HRL HORMEL FOODS CORP 2437264 32.55 14 455.70
0.02 DVA DAVITA INC 2898087 150.92 3 452.76
0.02 FMC FMC CORP 2328603 64.58 7 452.06
0.02 MGM MGM RESORTS INTERNATIONAL 2547419 37.59 12 451.08
0.02 CPB CAMPBELL SOUP CO 2162845 49.72 9 447.48
0.02 PNW PINNACLE WEST CAPITAL 2048804 87.52 5 437.60
0.02 LW LAMB WESTON HOLDINGS INC BDQZFJ3 61.92 7 433.44
0.02 GL GLOBE LIFE INC BK6YKG1 105.05 4 420.20
0.02 AOS SMITH (A.O.) CORP 2816023 83.72 5 418.60
0.02 EVRG EVERGY INC BFMXGR0 59.14 7 413.98
0.02 TPR TAPESTRY INC BF09HX3 40.97 10 409.70
0.02 AAL AMERICAN AIRLINE BCV7KT2 10.62 38 403.56
0.02 ETSY ETSY INC BWTN5N1 55.09 7 385.63
0.02 SOLV SOLVENTUM CORP BMTQB43 64.11 6 384.66
0.02 TAP MOLSON COORS-B B067BM3 53.97 7 377.79
0.02 FOXA FOX CORP - CLASS A BJJMGL2 41.37 9 372.33
0.02 ALB ALBEMARLE CORP 2046853 90.25 4 361.00
0.02 JBHT HUNT (JB) TRANS 2445416 173.20 2 346.40
0.02 FRT FEDERAL REALTY INVS TRUST BN7P9B2 115.00 3 345.00
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 37.64 9 338.76
0.02 BIO BIO-RAD LABORATORIES-A 2098508 337.32 1 337.32
0.02 BEN FRANKLIN RESOURCES INC 2350684 20.24 16 323.84
0.02 WBA WALGREENS BOOTS BTN1Y44 9.25 35 323.75
0.01 BF/B BROWN-FORMAN CORP-CLASS B 2146838 45.37 7 317.61
0.01 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 10.47 30 314.10
0.01 DAY DAYFORCE INC BFX1V56 57.17 5 285.85
0.01 BBWI BATH & BODY WORKS INC BNNTGJ5 30.76 9 276.84
0.01 FOX FOX CORP - CLASS B BJJMGY5 38.43 7 269.01
0.01 APA APA CORP BNNF1C1 28.49 9 256.41
0.01 QRVO QORVO INC BR9YYP4 115.89 2 231.78
0.01 BXP BXP INC 2019479 75.22 3 225.66
0.01 NWS NEWS CORP - CLASS B BBGVT51 29.43 7 206.01
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 17.89 11 196.79
0.01 BWA BORGWARNER INC 2111955 33.96 5 169.80
0.01 WYNN WYNN RESORTS LTD 2963811 76.88 2 153.76
0.00 XSP US 09/20/24 C600 7.00 -9 -63.00
-0.01 SPX US 09/20/24 C6025 57.50 -3 -172.50
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 08/29/24

Return on Equity 21.10%
Weighted Avg. Market Cap 832,989 M
2023 2024
Price-to-earnings 25.48 22.88
Price-to-book value 5.22 4.50

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 07/31/24

Versus Beta
S&P 500 0.61
NASDAQ-100 0.46
MSCI EAFE 0.52
MSCI Emg. Mkts 0.45
Standard Deviation 11.90%

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.