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ETFs

Global X Funds Global X NASDAQ 100 Tail Risk ETF

QTR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 25 2021
Expense Ratio
0.26%
Type
US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$19,276
AUM
$1,392,301
Associated Index
Nasdaq-100 Quarterly Protective Put 90 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
10.91%
MSFT
Microsoft Corporation
9.40%
AMZN
Amazon.com Inc.
5.32%
NVDA
NVIDIA Corp
4.09%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.72%
TSLA
Tesla Inc
3.10%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.09%
GOOG
Alphabet Inc - Ordinary Shares - Class C
3.04%
AVGO
Broadcom Inc
2.92%
COST
Costco Wholesale Corp
2.13%
Invest with QTR

What is QTR?

The Global X Nasdaq 100 Tail Risk ETF (QTR) employs a protective put strategy for investors seeking to buffer against market selloffs. QTR seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index, coupled with buying 10% out-of-the-money put options on the Nasdaq 100 Index.

ETFs related toQTR

ETFs correlated to QTR include QQQ, QQQM, QLD

QTR
Global X Funds - Global X NASDAQ 100 Tail Risk ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQTR

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QTR using Composer

FAQ

QTR is a US Equities ETF. The Global X Nasdaq 100 Tail Risk ETF (QTR) employs a protective put strategy for investors seeking to buffer against market selloffs. QTR seeks to achieve this outcome by owning the stocks in the Nasdaq 100 Index, coupled with buying 10% out-of-the-money put options on the Nasdaq 100 Index.

QTR tracks the Nasdaq-100 Quarterly Protective Put 90 Index.

No, QTR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QTR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QTR is -0.0017%. This is the percent change in the value of QTR over the most recent 1-month period. The 3-month return on QTR is 0.0002%. This is the percent change in the value of QTR over the most recent 3-month period.

The standard deviation of QTR for the past year is 0.2029%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QTR include PKW, VIXY, and XYLD.

ETFs correlated to QTR include QQQ, QQQM, and QLD.

ETFs that are inversely correlated to QTR include QID, SQQQ, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.