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 06/28/24

Inception Date 08/25/21
Total Expense Ratio 0.25%
Net Assets $2.15 million
NAV $30.71
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 06/27/24

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 0.30%

Distributions As of 06/28/24

30-Day SEC Yield 1.12%
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 06/28/24

NAV $30.71 Daily Change -$0.11 -0.36%
Market Price $30.71 Daily Change -$0.08 -0.26%

Performance History

As of recent
(03/31/24)
As of recent
(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 19.83% 19.63% 20.25%
Since Inception 4.84% 4.78% 5.26%
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 9.71% 9.60% 9.78%
1 Month 4.08% 3.87% 4.08%
3 Months 3.22% 3.01% 3.19%
Since Inception 13.98% 13.79% 15.23%

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 06/27/24

S&P 500 Price 5,482.87 S&P 500 Mini Price 548.29

Upside Cap Details

Option Positions Notional Exposure Strike Upside Before Cap Expiration Date Calendar Days to Expiry
Short S&P 500 Call Option -$1,644,861 6025 9.89% 09/20/2024 85
Short S&P 500 Mini Call Option -$493,458 600 9.43% 09/20/2024 85

Downside Floor Details

Option Positions Notional Exposure Strike Downside Before Floor Expiration Date Calendar Days to Expiry
Long S&P 500 Mini Put Option $493,458 520 -5.16% 09/20/2024 85
Long S&P 500 Put Option $1,644,861 5200 -5.16% 09/20/2024 85

Top Holdings As of 06/28/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.19 MSFT MICROSOFT CORP 2588173 446.95 346 154,644.70
6.58 NVDA NVIDIA CORP 2379504 123.54 1,145 141,453.30
6.57 AAPL APPLE INC 2046251 210.62 671 141,326.02
3.83 AMZN AMAZON.COM INC 2000019 193.25 426 82,324.50
2.39 META META PLATFORMS INC B7TL820 504.22 102 51,430.44
2.33 GOOGL ALPHABET INC-CL A BYVY8G0 182.15 275 50,091.25
1.95 GOOG ALPHABET INC-CL C BYY88Y7 183.42 229 42,003.18
1.61 BRK/B BERKSHIRE HATH-B 2073390 406.80 85 34,578.00
1.56 LLY ELI LILLY & CO 2516152 905.38 37 33,499.06
1.49 AVGO BROADCOM INC BDZ78H9 1,605.53 20 32,110.60
1.25 JPM JPMORGAN CHASE & CO 2190385 202.26 133 26,900.58
1.20 TSLA TESLA INC B616C79 197.88 130 25,724.40
1.12 XOM EXXON MOBIL CORP 2326618 115.12 209 24,060.08
1.02 UNH UNITEDHEALTH GROUP INC 2917766 509.26 43 21,898.18
0.89 V VISA INC-CLASS A SHARES B2PZN04 262.47 73 19,160.31
0.85 PG PROCTER & GAMBLE CO/THE 2704407 164.92 111 18,306.12
0.83 COST COSTCO WHOLESALE CORP 2701271 849.99 21 17,849.79
0.78 MA MASTERCARD INC - A B121557 441.16 38 16,764.08
0.78 JNJ JOHNSON & JOHNSON 2475833 146.16 114 16,662.24
0.75 HD HOME DEPOT INC 2434209 344.24 47 16,179.28
0.68 MRK MERCK & CO. INC. 2778844 123.80 118 14,608.40
0.67 ABBV ABBVIE INC B92SR70 171.52 84 14,407.68
0.63 NFLX NETFLIX INC 2857817 674.88 20 13,497.60
0.63 WMT WALMART INC 2936921 67.71 199 13,474.29
0.59 CVX CHEVRON CORP 2838555 156.42 81 12,670.02
0.59 BAC BANK OF AMERICA CORP 2295677 39.77 317 12,607.09
0.58 SPX US 09/20/24 P5200 4,120.00 3 12,360.00
0.57 AMD ADVANCED MICRO DEVICES 2007849 162.21 76 12,327.96
0.54 ADBE ADOBE INC 2008154 555.54 21 11,666.34
0.54 CRM SALESFORCE INC 2310525 257.10 45 11,569.50
0.53 KO COCA-COLA CO/THE 2206657 63.65 180 11,457.00
0.51 CASH 1.00 11,037 11,036.63
0.49 PEP PEPSICO INC 2681511 164.93 64 10,555.52
0.49 ORCL ORACLE CORP 2661568 141.20 74 10,448.80
0.48 QCOM QUALCOMM INC 2714923 199.18 52 10,357.36
0.47 LIN LINDE PLC BNZHB81 438.81 23 10,092.63
0.46 TMO THERMO FISHER 2886907 553.00 18 9,954.00
0.45 WFC WELLS FARGO & CO 2649100 59.39 162 9,621.18
0.43 AMAT APPLIED MATERIALS INC 2046552 235.99 39 9,203.61
0.42 ACN ACCENTURE PLC-CL A B4BNMY3 303.41 30 9,102.30
0.42 CSCO CISCO SYSTEMS INC 2198163 47.51 188 8,931.88
0.40 MCD MCDONALD'S CORP 2550707 254.84 34 8,664.56
0.40 INTU INTUIT INC 2459020 657.21 13 8,543.73
0.39 ABT ABBOTT LABORATORIES 2002305 103.91 81 8,416.71
0.39 TXN TEXAS INSTRUMENTS INC 2885409 194.53 43 8,364.79
0.39 DIS WALT DISNEY CO/THE 2270726 99.29 84 8,340.36
0.38 GE GE AEROSPACE BL59CR9 158.97 52 8,266.44
0.37 VZ VERIZON COMMUNIC 2090571 41.24 193 7,959.32
0.37 BKNG BOOKING HOLDINGS INC BDRXDB4 3,961.50 2 7,923.00
0.36 AMGN AMGEN INC 2023607 312.45 25 7,811.25
0.36 CAT CATERPILLAR INC 2180201 333.10 23 7,661.30
0.35 ISRG INTUITIVE SURGICAL INC 2871301 444.85 17 7,562.45
0.35 PM PHILIP MORRIS IN B2PKRQ3 101.33 74 7,498.42
0.35 DHR DANAHER CORP 2250870 249.85 30 7,495.50
0.35 PFE PFIZER INC 2684703 27.98 267 7,470.66
0.35 IBM IBM 2005973 172.95 43 7,436.85
0.33 CMCSA COMCAST CORP-CLASS A 2044545 39.16 181 7,087.96
0.33 NOW SERVICENOW INC B80NXX8 786.67 9 7,080.03
0.33 UBER UBER TECHNOLOGIES INC BK6N347 72.68 97 7,049.96
0.32 MU MICRON TECHNOLOGY INC 2588184 131.53 53 6,971.09
0.32 NEE NEXTERA ENERGY INC 2328915 70.81 96 6,797.76
0.32 GS GOLDMAN SACHS GROUP INC 2407966 452.32 15 6,784.80
0.31 SPGI S&P GLOBAL INC BYV2325 446.00 15 6,690.00
0.31 UNP UNION PACIFIC CORP 2914734 226.26 29 6,561.54
0.30 T AT&T INC 2831811 19.11 338 6,459.18
0.30 HON HONEYWELL INTL 2020459 213.54 30 6,406.20
0.30 COP CONOCOPHILLIPS 2685717 114.38 56 6,405.28
0.30 LRCX LAM RESEARCH CORP 2502247 1,064.85 6 6,389.10
0.29 RTX RTX CORPORATION BM5M5Y3 100.39 63 6,324.57
0.29 INTC INTEL CORP 2463247 30.97 201 6,224.97
0.28 AXP AMERICAN EXPRESS CO 2026082 231.55 26 6,020.30
0.28 ELV ELEVANCE HEALTH INC BSPHGL4 541.86 11 5,960.46
0.28 ETN EATON CORP PLC B8KQN82 313.55 19 5,957.45
0.28 LOW LOWE'S COS INC 2536763 220.46 27 5,952.42
0.27 TJX TJX COMPANIES INC 2989301 110.10 53 5,835.30
0.27 MS MORGAN STANLEY 2262314 97.19 60 5,831.40
0.26 C CITIGROUP INC 2297907 63.46 89 5,647.94
0.26 VRTX VERTEX PHARM 2931034 468.72 12 5,624.64
0.26 PGR PROGRESSIVE CORP 2705024 207.71 27 5,608.17
0.26 ADI ANALOG DEVICES INC 2032067 228.26 24 5,478.24
0.25 SYK STRYKER CORP 2853688 340.25 16 5,444.00
0.24 REGN REGENERON PHARMACEUTICALS 2730190 1,051.03 5 5,255.15
0.24 SCHW SCHWAB (CHARLES) CORP 2779397 73.69 70 5,158.30
0.24 CB CHUBB LTD B3BQMF6 255.08 20 5,101.60
0.24 PANW PALO ALTO NETWORKS INC B87ZMX0 339.01 15 5,085.15
0.24 BSX BOSTON SCIENTIFIC CORP 2113434 77.01 66 5,082.66
0.23 KLAC KLA CORP 2480138 824.51 6 4,947.06
0.23 PLD PROLOGIS INC B44WZD7 112.31 44 4,941.64
0.23 MMC MARSH & MCLENNAN COS 2567741 210.72 23 4,846.56
0.22 ADP AUTOMATIC DATA PROCESSING 2065308 238.69 20 4,773.80
0.22 BA BOEING CO/THE 2108601 182.01 26 4,732.26
0.22 BLK BLACKROCK INC 2494504 787.32 6 4,723.92
0.22 MDT MEDTRONIC PLC BTN1Y11 78.71 60 4,722.60
0.22 LMT LOCKHEED MARTIN CORP 2522096 467.10 10 4,671.00
0.22 UPS UNITED PARCEL-B 2517382 136.85 34 4,652.90
0.22 CI THE CIGNA GROUP BHJ0775 330.57 14 4,627.98
0.21 DE DEERE & CO 2261203 373.63 12 4,483.56
0.21 AMT AMERICAN TOWER CORP B7FBFL2 194.38 23 4,470.74
0.20 NKE NIKE INC -CL B 2640147 75.37 58 4,371.46
0.20 CRWD CROWDSTRIKE HO-A BJJP138 383.19 11 4,215.09
0.20 ANET ARISTA NETWORKS INC BN33VM5 350.48 12 4,205.76
0.20 MDLZ MONDELEZ INTER-A B8CKK03 65.44 64 4,188.16
0.19 FI FISERV INC 2342034 149.04 28 4,173.12
0.19 SNPS SYNOPSYS INC 2867719 595.06 7 4,165.42
0.19 SBUX STARBUCKS CORP 2842255 77.85 53 4,126.05
0.19 BX BLACKSTONE INC BKF2SL7 123.80 33 4,085.40
0.19 TMUS T-MOBILE US INC B94Q9V0 176.18 23 4,052.14
0.19 SO SOUTHERN CO/THE 2829601 77.57 52 4,033.64
0.18 BMY BRISTOL-MYERS SQUIBB CO 2126335 41.53 95 3,945.35
0.18 GILD GILEAD SCIENCES INC 2369174 68.61 56 3,842.16
0.18 WM WASTE MANAGEMENT INC 2937667 213.34 18 3,840.12
0.18 TDG TRANSDIGM GROUP INC B11FJK3 1,277.61 3 3,832.83
0.18 ZTS ZOETIS INC B95WG16 173.36 22 3,813.92
0.18 CMG CHIPOTLE MEXICAN B0X7DZ3 62.65 60 3,759.00
0.17 XSP US 09/20/24 P520 416.00 9 3,744.00
0.17 DUK DUKE ENERGY CORP B7VD3F2 100.23 37 3,708.51
0.17 ICE INTERCONTINENTAL BFSSDS9 136.89 27 3,696.03
0.17 CDNS CADENCE DESIGN SYS INC 2302232 307.75 12 3,693.00
0.17 APH AMPHENOL CORP-CL A 2145084 67.37 54 3,637.98
0.17 MO ALTRIA GROUP INC 2692632 45.55 79 3,598.45
0.17 CVS CVS HEALTH CORP 2577609 59.06 60 3,543.60
0.16 MCK MCKESSON CORP 2378534 584.04 6 3,504.24
0.16 CL COLGATE-PALMOLIVE CO 2209106 97.04 36 3,493.44
0.16 EOG EOG RESOURCES INC 2318024 125.87 27 3,398.49
0.16 CME CME GROUP INC 2965839 196.60 17 3,342.20
0.15 TT TRANE TECHNOLOGIES PLC BK9ZQ96 328.93 10 3,289.30
0.15 SHW SHERWIN-WILLIAMS CO/THE 2804211 298.43 11 3,282.73
0.15 FCX FREEPORT-MCMORAN INC 2352118 48.60 67 3,256.20
0.15 NXPI NXP SEMICONDUCTORS NV B505PN7 269.09 12 3,229.08
0.15 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 1,056.06 3 3,168.18
0.15 SLB SCHLUMBERGER LTD 2779201 47.18 67 3,161.06
0.15 KKR KKR & CO INC BG1FRR1 105.24 30 3,157.20
0.15 TGT TARGET CORP 2259101 148.04 21 3,108.84
0.14 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 386.05 8 3,088.40
0.14 EMR EMERSON ELECTRIC CO 2313405 110.16 28 3,084.48
0.14 ITW ILLINOIS TOOL WORKS 2457552 236.96 13 3,080.48
0.14 NOC NORTHROP GRUMMAN CORP 2648806 435.95 7 3,051.65
0.14 BDX BECTON DICKINSON AND CO 2087807 233.71 13 3,038.23
0.14 PH PARKER HANNIFIN CORP 2671501 505.81 6 3,034.86
0.14 ABNB AIRBNB INC-CLASS A BMGYYH4 151.63 20 3,032.60
0.14 EQIX EQUINIX INC BVLZX12 756.60 4 3,026.40
0.14 CEG CONSTELLATION ENERGY BMH4FS1 200.27 15 3,004.05
0.14 FDX FEDEX CORP 2142784 299.84 10 2,998.40
0.14 CSX CSX CORP 2160753 33.45 89 2,977.05
0.14 PSX PHILLIPS 66 B78C4Y8 141.17 21 2,964.57
0.14 AZO AUTOZONE INC 2065955 2,964.10 1 2,964.10
0.14 MCO MOODY'S CORP 2252058 420.93 7 2,946.51
0.14 AON AON PLC-CLASS A BLP1HW5 293.58 10 2,935.80
0.14 GD GENERAL DYNAMICS CORP 2365161 290.14 10 2,901.40
0.13 HCA HCA HEALTHCARE INC B4MGBG6 321.28 9 2,891.52
0.13 APD AIR PRODS & CHEM 2011602 256.28 11 2,819.08
0.13 ROP ROPER TECHNOLOGIES INC 2749602 563.66 5 2,818.30
0.13 WELL WELLTOWER INC BYVYHH4 104.25 27 2,814.75
0.13 CTAS CINTAS CORP 2197137 700.26 4 2,801.04
0.13 PNC PNC FINANCIAL SE 2692665 155.48 18 2,798.64
0.13 PYPL PAYPAL HOLDINGS INC BYW36M8 58.03 48 2,785.44
0.13 MPC MARATHON PETROLEUM CORP B3K3L40 173.48 16 2,775.68
0.13 USB US BANCORP 2736035 39.70 68 2,699.60
0.12 MAR MARRIOTT INTL-A 2210614 241.77 11 2,659.47
0.12 MMM 3M CO 2595708 102.19 26 2,656.94
0.12 HLT HILTON WORLDWIDE BYVMW06 218.20 12 2,618.40
0.12 ECL ECOLAB INC 2304227 238.00 11 2,618.00
0.12 AJG ARTHUR J GALLAGHER & CO 2359506 259.31 10 2,593.10
0.12 GM GENERAL MOTORS CO B665KZ5 46.46 54 2,508.84
0.12 EW EDWARDS LIFESCIENCES CORP 2567116 92.37 27 2,493.99
0.12 COF CAPITAL ONE FINA 2654461 138.45 18 2,492.10
0.12 ADSK AUTODESK INC 2065159 247.45 10 2,474.50
0.12 PCAR PACCAR INC 2665861 102.94 24 2,470.56
0.12 WMB WILLIAMS COS INC 2967181 42.50 58 2,465.00
0.11 TFC TRUIST FINANCIAL CORP BKP7287 38.85 63 2,447.55
0.11 SPG SIMON PROPERTY GROUP INC 2812452 151.80 16 2,428.80
0.11 AIG AMERICAN INTERNA 2027342 74.24 32 2,375.68
0.11 VLO VALERO ENERGY CORP 2041364 156.76 15 2,351.40
0.11 KMB KIMBERLY-CLARK CORP 2491839 138.20 17 2,349.40
0.11 ROST ROSS STORES INC 2746711 145.32 16 2,325.12
0.11 F FORD MOTOR CO 2615468 12.54 185 2,319.90
0.11 NEM NEWMONT CORP 2636607 41.87 55 2,302.85
0.11 PSA PUBLIC STORAGE 2852533 287.65 8 2,301.20
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 91.50 25 2,287.50
0.11 OKE ONEOK INC 2130109 81.55 28 2,283.40
0.11 CPRT COPART INC 2208073 54.16 42 2,274.72
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 224.58 10 2,245.80
0.10 HUM HUMANA INC 2445063 373.65 6 2,241.90
0.10 CARR CARRIER GLOBAL CORP BK4N0D7 63.08 35 2,207.80
0.10 SRE SEMPRA 2138158 76.06 29 2,205.74
0.10 AEP AMERICAN ELECTRIC POWER 2026242 87.74 25 2,193.50
0.10 NSC NORFOLK SOUTHERN CORP 2641894 214.69 10 2,146.90
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 427.19 5 2,135.95
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 152.05 14 2,128.70
0.10 PRU PRUDENTIAL FINANCIAL INC 2819118 117.19 18 2,109.42
0.10 TEL TE CONNECTIVITY LTD B62B7C3 150.43 14 2,106.02
0.10 HES HESS CORP 2023748 147.52 14 2,065.28
0.10 JCI JOHNSON CONTROLS BY7QL61 66.47 31 2,060.57
0.10 GEV GE VERNOVA INC BP6H4Y1 171.51 12 2,058.12
0.10 O REALTY INCOME CORP 2724193 52.56 39 2,049.72
0.10 BK BANK NY MELLON B1Z77F6 59.89 34 2,036.26
0.10 MET METLIFE INC 2573209 70.19 29 2,035.51
0.10 FIS FIDELITY NATIONA 2769796 75.36 27 2,034.72
0.10 TRV TRAVELERS COS INC/THE 2769503 203.34 10 2,033.40
0.09 OXY OCCIDENTAL PETROLEUM CORP 2655408 63.03 32 2,016.96
0.09 D DOMINION ENERGY INC 2542049 49.00 41 2,009.00
0.09 DHI DR HORTON INC 2250687 140.93 14 1,973.02
0.09 AFL AFLAC INC 2026361 89.31 22 1,964.82
0.09 IDXX IDEXX LABORATORIES INC 2459202 487.20 4 1,948.80
0.09 URI UNITED RENTALS INC 2134781 646.73 3 1,940.19
0.09 DXCM DEXCOM INC B0796X4 113.38 17 1,927.46
0.09 MSCI MSCI INC B2972D2 481.75 4 1,927.00
0.09 ALL ALLSTATE CORP 2019952 159.66 12 1,915.92
0.09 CCI CROWN CASTLE INC BTGQCX1 97.70 19 1,856.30
0.09 YUM YUM! BRANDS INC 2098876 132.46 14 1,854.44
0.09 AME AMETEK INC 2089212 166.71 11 1,833.81
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 96.26 19 1,828.94
0.08 GWW WW GRAINGER INC 2380863 902.24 2 1,804.48
0.08 STZ CONSTELLATION-A 2170473 257.28 7 1,800.96
0.08 MRNA MODERNA INC BGSXTS3 118.75 15 1,781.25
0.08 PAYX PAYCHEX INC 2674458 118.56 15 1,778.40
0.08 PWR QUANTA SERVICES INC 2150204 254.00 7 1,778.00
0.08 FAST FASTENAL CO 2332262 62.84 28 1,759.52
0.08 DOW DOW INC BHXCF84 53.05 33 1,750.65
0.08 RSG REPUBLIC SERVICES INC 2262530 194.34 9 1,749.06
0.08 VMC VULCAN MATERIALS CO 2931205 248.68 7 1,740.76
0.08 NUE NUCOR CORP 2651086 158.08 11 1,738.88
0.08 KMI KINDER MORGAN INC B3NQ4P8 19.87 87 1,728.69
0.08 IR INGERSOLL-RAND INC BL5GZ82 90.84 19 1,725.96
0.08 PCG P G & E CORP 2689560 17.46 98 1,711.08
0.08 MNST MONSTER BEVERAGE CORP BZ07BW4 49.95 34 1,698.30
0.08 IQV IQVIA HOLDINGS INC BDR73G1 211.44 8 1,691.52
0.08 FTNT FORTINET INC B5B2106 60.27 28 1,687.56
0.08 A AGILENT TECHNOLOGIES INC 2520153 129.63 13 1,685.19
0.08 CTVA CORTEVA INC BK73B42 53.94 31 1,672.14
0.08 CMI CUMMINS INC 2240202 276.93 6 1,661.58
0.08 BKR BAKER HUGHES CO BDHLTQ5 35.17 47 1,652.99
0.08 LEN LENNAR CORP-A 2511920 149.87 11 1,648.57
0.08 MPWR MONOLITHIC POWER B01Z7J1 821.68 2 1,643.36
0.08 SMCI SUPER MICRO COMPUTER INC B1VQR35 819.35 2 1,638.70
0.08 CTSH COGNIZANT TECH-A 2257019 68.00 24 1,632.00
0.08 EXC EXELON CORP 2670519 34.61 47 1,626.67
0.08 MLM MARTIN MARIETTA MATERIALS 2572079 541.80 3 1,625.40
0.08 PEG PUB SERV ENTERP 2707677 73.70 22 1,621.40
0.08 VRSK VERISK ANALYTICS INC B4P9W92 269.55 6 1,617.30
0.08 DD DUPONT DE NEMOURS INC BK0VN47 80.49 20 1,609.80
0.08 ED CONSOLIDATED EDISON INC 2216850 89.42 18 1,609.56
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 200.19 8 1,601.52
0.07 KR KROGER CO 2497406 49.93 32 1,597.76
0.07 RCL ROYAL CARIBBEAN 2754907 159.43 10 1,594.30
0.07 COR CENCORA INC 2795393 225.30 7 1,577.10
0.07 KDP KEURIG DR PEPPER INC BD3W133 33.40 47 1,569.80
0.07 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 77.92 20 1,558.42
0.07 EA ELECTRONIC ARTS INC 2310194 139.33 11 1,532.63
0.07 GIS GENERAL MILLS INC 2367026 63.26 24 1,518.24
0.07 DAL DELTA AIR LINES INC B1W9D46 47.44 32 1,518.08
0.07 ACGL ARCH CAPITAL GROUP LTD 2740542 100.89 15 1,513.35
0.07 KVUE KENVUE INC BQ84ZQ6 18.18 83 1,508.94
0.07 SYY SYSCO CORP 2868165 71.39 21 1,499.19
0.07 LULU LULULEMON ATHLETICA INC B23FN39 298.70 5 1,493.50
0.07 XYL XYLEM INC B3P2CN8 135.63 11 1,491.93
0.07 FICO FAIR ISAAC CORP 2330299 1,488.66 1 1,488.66
0.07 CNC CENTENE CORP 2807061 66.30 22 1,458.60
0.07 EFX EQUIFAX INC 2319146 242.46 6 1,454.76
0.07 DFS DISCOVER FINANCI B1YLC43 130.81 11 1,438.91
0.07 VICI VICI PROPERTIES INC BYWH073 28.64 50 1,432.00
0.07 WAB WABTEC CORP 2955733 158.05 9 1,422.45
0.07 HAL HALLIBURTON CO 2405302 33.78 42 1,418.76
0.07 TRGP TARGA RESOURCES CORP B55PZY3 128.78 11 1,416.58
0.07 ODFL OLD DOMINION FREIGHT LINE 2656423 176.60 8 1,412.80
0.07 HIG HARTFORD FINL SV 2476193 100.54 14 1,407.56
0.07 HPQ HP INC BYX4D52 35.02 40 1,400.80
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 155.41 9 1,398.69
0.07 MTD METTLER-TOLEDO 2126249 1,397.59 1 1,397.59
0.07 HWM HOWMET AEROSPACE INC BKLJ8V2 77.63 18 1,397.34
0.07 BIIB BIOGEN INC 2455965 231.82 6 1,390.92
0.06 ROK ROCKWELL AUTOMATION INC 2754060 275.28 5 1,376.40
0.06 VST Vistra Corp. BZ8VJQ8 85.98 16 1,375.68
0.06 ON ON SEMICONDUCTOR 2583576 68.55 20 1,371.00
0.06 GLW CORNING INC 2224701 38.85 35 1,359.75
0.06 TSCO TRACTOR SUPPLY COMPANY 2900335 270.00 5 1,350.00
0.06 IT GARTNER INC 2372763 449.06 3 1,347.18
0.06 RMD RESMED INC 2732903 191.42 7 1,339.94
0.06 CSGP COSTAR GROUP INC 2262864 74.14 18 1,334.52
0.06 HPE HEWLETT PACKA BYVYWS0 21.17 63 1,333.71
0.06 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.45 22 1,329.90
0.06 DVN DEVON ENERGY CORP 2480677 47.40 28 1,327.20
0.06 DG DOLLAR GENERAL CORP B5B1S13 132.23 10 1,322.30
0.06 WST WEST PHARMACEUT 2950482 329.39 4 1,317.56
0.06 AWK AMERICAN WATER W B2R3PV1 129.16 10 1,291.60
0.06 NTAP NETAPP INC 2630643 128.80 10 1,288.00
0.06 HSY HERSHEY CO/THE 2422806 183.83 7 1,286.81
0.06 ANSS ANSYS INC 2045623 321.50 4 1,286.00
0.06 XEL XCEL ENERGY INC 2614807 53.41 24 1,281.84
0.06 DOV DOVER CORP 2278407 180.45 7 1,263.15
0.06 FTV FORTIVE CORP BYT3MK1 74.10 17 1,259.70
0.06 KHC KRAFT HEINZ CO/THE BYRY499 32.22 39 1,256.58
0.06 IRM IRON MOUNTAIN INC BVFTF03 89.62 14 1,254.68
0.06 TTWO TAKE-TWO INTERAC 2122117 155.49 8 1,243.92
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 206.89 6 1,241.34
0.06 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 136.75 9 1,230.75
0.06 DTE DTE ENERGY COMPANY 2280220 111.01 11 1,221.11
0.06 MTB M & T BANK CORP 2340168 151.36 8 1,210.88
0.06 CHTR CHARTER COMMUN-A BZ6VT82 298.96 4 1,195.84
0.06 ZBH ZIMMER BIOMET HO 2783815 108.53 11 1,193.83
0.06 BR BROADRIDGE FINL B1VP7R6 197.00 6 1,182.00
0.06 EBAY EBAY INC 2293819 53.72 22 1,181.84
0.06 AXON AXON ENTERPRISE INC BDT5S35 294.24 4 1,176.96
0.06 WEC WEC ENERGY GROUP INC BYY8XK8 78.46 15 1,176.90
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 387.98 3 1,163.94
0.05 GPN GLOBAL PAYMENTS INC 2712013 96.70 12 1,160.40
0.05 CBRE CBRE GROUP INC - A B6WVMH3 89.11 13 1,158.43
0.05 ULTA ULTA BEAUTY INC B28TS42 385.87 3 1,157.61
0.05 TROW T ROWE PRICE GROUP INC 2702337 115.31 10 1,153.10
0.05 EIX EDISON INTERNATIONAL 2829515 71.81 16 1,148.96
0.05 CHD CHURCH & DWIGHT CO INC 2195841 103.68 11 1,140.48
0.05 GRMN GARMIN LTD B3Z5T14 162.92 7 1,140.44
0.05 PPG PPG INDUSTRIES INC 2698470 125.89 9 1,133.01
0.05 FSLR FIRST SOLAR INC B1HMF22 225.46 5 1,127.30
0.05 CDW CDW CORP/DE BBM5MD6 223.84 5 1,119.20
0.05 RJF RAYMOND JAMES 2718992 123.16 9 1,108.44
0.05 HUBB HUBBELL INC BDFG6S3 365.48 3 1,096.44
0.05 ESS ESSEX PROPERTY TRUST INC 2316619 272.20 4 1,088.80
0.05 CPAY CORPAY INC BMX5GK7 266.41 4 1,065.64
0.05 WDC WESTERN DIGITAL CORP 2954699 75.77 14 1,060.78
0.05 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 95.66 11 1,052.26
0.05 VLTO VERALTO CORP BPGMZQ5 95.47 11 1,050.17
0.05 WTW WILLIS TOWERS WATSON PLC BDB6Q21 262.14 4 1,048.56
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 95.21 11 1,047.31
0.05 INVH INVITATION HOMES INC BD81GW9 35.89 29 1,040.81
0.05 TER TERADYNE INC 2884183 148.29 7 1,038.03
0.05 STLD STEEL DYNAMICS INC 2849472 129.50 8 1,036.00
0.05 DPZ DOMINO'S PIZZA INC B01SD70 516.33 2 1,032.66
0.05 STT STATE STREET CORP 2842040 73.31 14 1,026.34
0.05 FITB FIFTH THIRD BANCORP 2336747 36.49 28 1,021.72
0.05 LDOS LEIDOS HOLDINGS INC BDV82B8 145.88 7 1,021.16
0.05 TYL TYLER TECHNOLOGIES INC 2909644 502.78 2 1,005.56
0.05 WY WEYERHAEUSER CO 2958936 28.39 35 993.65
0.05 PHM PULTEGROUP INC 2708841 110.10 9 990.90
0.05 OMC OMNICOM GROUP 2279303 89.70 11 986.70
0.05 SBAC SBA COMMUNICATIONS CORP BZ6TS23 196.30 5 981.50
0.05 J JACOBS SOLUTIONS INC BNGC0D3 139.71 7 977.97
0.05 GPC GENUINE PARTS CO 2367480 138.32 7 968.24
0.05 DECK DECKERS OUTDOOR CORP 2267278 967.95 1 967.95
0.05 PPL PPL CORP 2680905 27.65 35 967.75
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 241.43 4 965.72
0.05 NDAQ NASDAQ INC 2965107 60.26 16 964.16
0.05 ETR ENTERGY CORP 2317087 107.00 9 963.00
0.05 EQR EQUITY RESIDENTIAL 2319157 68.67 14 961.31
0.05 DLTR DOLLAR TREE INC 2272476 106.77 9 960.93
0.05 EL ESTEE LAUDER 2320524 106.40 9 957.60
0.04 FE FIRSTENERGY CORP 2100920 38.27 25 956.75
0.04 CTRA COTERRA ENERGY INC 2162340 26.67 35 933.45
0.04 STX SEAGATE TECHNOLO BKVD2N4 103.27 9 929.43
0.04 ZBRA ZEBRA TECH CORP 2989356 308.93 3 926.79
0.04 NTRS NORTHERN TRUST CORP 2648668 83.98 11 923.78
0.04 HBAN HUNTINGTON BANCSHARES INC 2445966 13.18 70 922.60
0.04 APTV APTIV PLC B783TY6 70.42 13 915.46
0.04 VTR VENTAS INC 2927925 50.81 18 914.58
0.04 PTC PTC INC B95N910 181.67 5 908.35
0.04 ES EVERSOURCE ENERGY BVVN4Q8 56.71 16 907.36
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 47.19 19 896.61
0.04 BRO BROWN & BROWN INC 2692687 89.41 10 894.10
0.04 MOH MOLINA HEALTHCARE INC 2212706 297.30 3 891.90
0.04 EXPE EXPEDIA GROUP INC B748CK2 125.99 7 881.93
0.04 CAH CARDINAL HEALTH INC 2175672 97.81 9 880.33
0.04 STE STERIS PLC BFY8C75 219.54 4 878.16
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 124.79 7 873.53
0.04 COO COOPER COS INC/THE BQPDXR3 87.30 10 873.00
0.04 WAT WATERS CORP 2937689 290.12 3 870.36
0.04 BG BUNGE GLOBAL SA BQ6BPG9 106.77 8 854.16
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 170.06 5 850.30
0.04 GDDY GODADDY INC - CLASS A BWFRFC6 139.71 6 838.26
0.04 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.44 112 833.28
0.04 FDS FACTSET RESEARCH 2329770 408.27 2 816.54
0.04 LH LABCORP HOLDINGS INC BSBK800 203.51 4 814.04
0.04 K KELLANOVA 2486813 57.68 14 807.52
0.04 MRO MARATHON OIL CORP 2910970 28.67 28 802.76
0.04 LUV SOUTHWEST AIRLINES CO 2831543 28.61 28 801.08
0.04 TSN TYSON FOODS INC-CL A 2909730 57.14 14 799.96
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 44.25 18 796.50
0.04 WRB WR BERKLEY CORP 2093644 78.58 10 785.80
0.04 SNA SNAP-ON INC 2818740 261.39 3 784.17
0.04 EQT EQT CORP 2319414 36.98 21 776.58
0.04 CNP CENTERPOINT ENERGY INC 2440637 30.98 25 774.50
0.04 EG EVEREST GROUP LTD 2556868 381.02 2 762.04
0.04 BBY BEST BUY CO INC 2094670 84.29 9 758.61
0.04 DRI DARDEN RESTAURANTS INC 2289874 151.32 5 756.60
0.04 CCL CARNIVAL CORP 2523044 18.72 40 748.80
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 106.58 7 746.06
0.03 RF REGIONS FINANCIAL CORP B01R311 20.04 37 741.48
0.03 UHS UNIVERSAL HLTH-B 2923785 184.93 4 739.72
0.03 IP INTERNATIONAL PAPER CO 2465254 43.15 17 733.55
0.03 PKG PACKAGING CORP OF AMERICA 2504566 182.56 4 730.24
0.03 BALL BALL CORP 2073022 60.02 12 720.24
0.03 MAA MID-AMERICA APAR 2589132 142.61 5 713.05
0.03 LNT ALLIANT ENERGY CORP 2973821 50.90 14 712.60
0.03 VRSN VERISIGN INC 2142922 177.80 4 711.20
0.03 CINF CINCINNATI FINANCIAL CORP 2196888 118.10 6 708.60
0.03 PFG PRINCIPAL FINANCIAL GROUP 2803014 78.45 9 706.05
0.03 WRK WESTROCK CO BYR0914 50.26 14 703.64
0.03 ARE ALEXANDRIA REAL 2009210 116.97 6 701.82
0.03 NRG NRG ENERGY INC 2212922 77.86 9 700.74
0.03 GEN GEN DIGITAL INC BJN4XN5 24.98 28 699.44
0.03 ENPH ENPHASE ENERGY INC B65SQW4 99.71 7 697.97
0.03 NDSN NORDSON CORP 2641838 231.94 3 695.82
0.03 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 138.41 5 692.05
0.03 FFIV F5 INC 2427599 172.23 4 688.92
0.03 TXT TEXTRON INC 2885937 85.86 8 686.88
0.03 UAL UNITED AIRLINES B4QG225 48.66 14 681.24
0.03 CE CELANESE CORP B05MZT4 134.89 5 674.45
0.03 L LOEWS CORP 2523022 74.74 9 672.66
0.03 BAX BAXTER INTERNATIONAL INC 2085102 33.45 20 669.00
0.03 HOLX HOLOGIC INC 2433530 74.25 9 668.25
0.03 LYV LIVE NATION ENTE B0T7YX2 93.74 7 656.18
0.03 AVY AVERY DENNISON CORP 2066408 218.65 3 655.95
0.03 CMS CMS ENERGY CORP 2219224 59.53 11 654.83
0.03 AEE AMEREN CORPORATION 2050832 71.11 9 639.99
0.03 MKC MCCORMICK-N/V 2550161 70.94 9 638.46
0.03 AES AES CORP 2002479 17.57 36 632.52
0.03 HST HOST HOTELS & RESORTS INC 2567503 17.98 35 629.30
0.03 CRL CHARLES RIVER LA 2604336 206.58 3 619.74
0.03 TRMB TRIMBLE INC 2903958 55.92 11 615.12
0.03 POOL POOL CORP 2781585 307.33 2 614.66
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 36.03 17 612.51
0.03 IPG INTERPUBLIC GRP 2466321 29.09 21 610.89
0.03 PODD INSULET CORP B1XGNW4 201.80 3 605.40
0.03 NI NISOURCE INC 2645409 28.81 21 605.01
0.03 IEX IDEX CORP 2456612 201.20 3 603.60
0.03 CF CF INDUSTRIES HO B0G4K50 74.12 8 592.96
0.03 LW LAMB WESTON HOLDINGS INC BDQZFJ3 84.08 7 588.56
0.03 ROL ROLLINS INC 2747305 48.79 12 585.48
0.03 ATO ATMOS ENERGY CORP 2315359 116.65 5 583.25
0.03 LKQ LKQ CORP 2971029 41.59 14 582.26
0.03 NWSA NEWS CORP - CLASS A BBGVT40 27.57 21 578.97
0.03 UDR UDR INC 2727910 41.15 14 576.10
0.03 EPAM EPAM SYSTEMS INC B44Z3T8 188.11 3 564.33
0.03 VTRS VIATRIS INC BMWS3X9 10.63 53 563.39
0.03 SWK STANLEY BLACK & B3Q2FJ4 79.89 7 559.23
0.03 DGX QUEST DIAGNOSTICS INC 2702791 136.88 4 547.52
0.03 CLX CLOROX COMPANY 2204026 136.47 4 545.88
0.03 KIM KIMCO REALTY CORP 2491594 19.46 28 544.88
0.03 JBL JABIL INC 2471789 108.79 5 543.95
0.03 CAG CONAGRA BRANDS INC 2215460 28.42 19 539.98
0.03 PNR PENTAIR PLC BLS09M3 76.67 7 536.69
0.03 MAS MASCO CORP 2570200 66.67 8 533.36
0.03 MGM MGM RESORTS INTERNATIONAL 2547419 44.44 12 533.28
0.03 GNRC GENERAC HOLDINGS INC B6197Q2 132.22 4 528.88
0.02 KEY KEYCORP 2490911 14.21 37 525.77
0.02 RL RALPH LAUREN CORP B4V9661 175.06 3 525.18
0.02 RVTY REVVITY INC 2305844 104.86 5 524.30
0.02 MOS MOSAIC CO/THE B3NPHP6 28.90 18 520.20
0.02 KMX CARMAX INC 2983563 73.34 7 513.38
0.02 JNPR JUNIPER NETWORKS INC 2431846 36.46 14 510.44
0.02 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 19.60 26 509.60
0.02 TECH BIO-TECHNE CORP BSHZ3Q0 71.65 7 501.55
0.02 AMCR AMCOR PLC BJ1F307 9.78 51 498.78
0.02 AIZ ASSURANT INC 2331430 166.25 3 498.75
0.02 JKHY JACK HENRY 2469193 166.02 3 498.06
0.02 HII HUNTINGTON INGAL B40SSC9 246.33 2 492.66
0.02 EMN EASTMAN CHEMICAL CO 2298386 97.97 5 489.85
0.02 INCY INCYTE CORP 2471950 60.62 8 484.96
0.02 ALLE ALLEGION PLC BFRT3W7 118.15 4 472.60
0.02 MHK MOHAWK INDUSTRIES INC 2598699 113.59 4 454.36
0.02 AKAM AKAMAI TECHNOLOGIES INC 2507457 90.08 5 450.40
0.02 CTLT CATALENT INC BP96PQ4 56.23 8 449.84
0.02 HSIC HENRY SCHEIN INC 2416962 64.10 7 448.70
0.02 CPT CAMDEN PROPERTY TRUST 2166320 109.11 4 436.44
0.02 SJM JM SMUCKER CO/THE 2951452 109.04 4 436.16
0.02 REG REGENCY CENTERS CORP 2726177 62.20 7 435.40
0.02 AAL AMERICAN AIRLINE BCV7KT2 11.33 38 430.54
0.02 PAYC PAYCOM SOFTWARE INC BL95MY0 143.04 3 429.12
0.02 TPR TAPESTRY INC BF09HX3 42.79 10 427.90
0.02 HRL HORMEL FOODS CORP 2437264 30.49 14 426.86
0.02 WBA WALGREENS BOOTS BTN1Y44 12.10 35 423.33
0.02 TFX TELEFLEX INC 2881407 210.33 2 420.66
0.02 DVA DAVITA INC 2898087 138.57 3 415.71
0.02 ETSY ETSY INC BWTN5N1 58.98 7 412.86
0.02 HAS HASBRO INC 2414580 58.50 7 409.50
0.02 AOS SMITH (A.O.) CORP 2816023 81.78 5 408.90
0.02 CPB CAMPBELL SOUP CO 2162845 45.19 9 406.71
0.02 IVZ INVESCO LTD B28XP76 14.96 27 403.92
0.02 FMC FMC CORP 2328603 57.55 7 402.85
0.02 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 200.53 2 401.06
0.02 MTCH MATCH GROUP INC BK80XH9 30.38 13 394.94
0.02 ALB ALBEMARLE CORP 2046853 95.52 4 382.08
0.02 PNW PINNACLE WEST CAPITAL 2048804 76.38 5 381.90
0.02 EVRG EVERGY INC BFMXGR0 52.97 7 370.79
0.02 CZR CAESARS ENTERTAINMENT INC BMWWGB0 39.74 9 357.66
0.02 BEN FRANKLIN RESOURCES INC 2350684 22.35 16 357.60
0.02 TAP MOLSON COORS-B B067BM3 50.83 7 355.81
0.02 BBWI BATH & BODY WORKS INC BNNTGJ5 39.05 9 351.45
0.02 GL GLOBE LIFE INC BK6YKG1 82.28 4 329.12
0.02 JBHT HUNT (JB) TRANS 2445416 160.00 2 320.00
0.02 SOLV SOLVENTUM CORP BMTQB43 52.88 6 317.28
0.01 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 10.39 30 311.70
0.01 FOXA FOX CORP - CLASS A BJJMGL2 34.37 9 309.33
0.01 FRT FEDERAL REALTY INVS TRUST BN7P9B2 100.97 3 302.91
0.01 BF/B BROWN-FORMAN CORP-CLASS B 2146838 43.19 7 302.33
0.01 BIO BIO-RAD LABORATORIES-A 2098508 273.11 1 273.11
0.01 APA APA CORP BNNF1C1 29.44 9 264.96
0.01 DAY DAYFORCE INC BFX1V56 49.60 5 248.00
0.01 QRVO QORVO INC BR9YYP4 116.04 2 232.08
0.01 FOX FOX CORP - CLASS B BJJMGY5 32.02 7 224.14
0.01 NCLH NORWEGIAN CRUISE B9CGTC3 18.79 11 206.69
0.01 NWS NEWS CORP - CLASS B BBGVT51 28.39 7 198.73
0.01 BXP BOSTON PROPERTIES INC 2019479 61.56 3 184.68
0.01 WYNN WYNN RESORTS LTD 2963811 89.50 2 179.00
0.01 CHRW CH ROBINSON 2116228 88.12 2 176.24
0.01 BWA BORGWARNER INC 2111955 32.24 5 161.20
-0.02 XSP US 09/20/24 C600 39.00 -9 -351.00
-0.05 SPX US 09/20/24 C6025 320.00 -3 -960.00
-0.47 OTHER PAYABLE & RECEIVABLES 1.00 -10,062 -10,062.39
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 06/27/24

Return on Equity 21.30%
Weighted Avg. Market Cap 865,737 M
2023 2024
Price-to-earnings 24.78 22.07
Price-to-book value 5.07 4.36

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 05/31/24

Versus Beta
S&P 500 0.60
NASDAQ-100 0.46
MSCI EAFE 0.54
MSCI Emg. Mkts 0.44
Standard Deviation 12.10%

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.