- ISIN
- US37960A4040
- CUSIP
- 37960A404
- Issuer
- Global X
- Inception Date
- Aug 25, 2021
- Region
- North America (U.S.)
- Category
- Nasdaq-100, Hedge Fund
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ-100 Quarterly Protective Put 90 Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $8M
Share Price Chart
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Performance
QTR Performance Chart
Global X NASDAQ 100 Tail Risk ETF (QTR) is up 17.0% since the beginning of the year. QTR is currently trading at $36 per share.
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Returns By Period
Global X NASDAQ 100 Tail Risk ETF (QTR) has returned 16.97% so far this year and 33.19% over the past 12 months.
Global X NASDAQ 100 Tail Risk ETF
- 1D
- 2.44%
- 1M
- 3.61%
- YTD
- 16.97%
- 6M
- 16.41%
- 1Y
- 33.19%
- 3Y*
- 21.23%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.34%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
QTR Monthly Returns History
Based on dividend-adjusted daily data since Aug 26, 2021, QTR's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, an investment would double in approximately 5.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2026 with a return of +14.1%, while the worst month was Apr 2022 at -12.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, QTR closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +6.6%, while the worst single day was Sep 13, 2022 at -5.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.79% | -2.46% | -5.65% | 14.10% | 10.30% | 0.21% | 16.97% | ||||||
| 2025 | 1.70% | -2.99% | -7.96% | 1.21% | 8.01% | 5.19% | 2.18% | 0.68% | 5.29% | 4.28% | -1.96% | -0.95% | 14.52% |
| 2024 | 1.65% | 5.17% | 0.61% | -4.28% | 5.82% | 5.95% | -1.61% | 0.60% | 2.14% | -0.81% | 4.49% | 0.44% | 21.46% |
| 2023 | 8.56% | -0.39% | 7.93% | 0.17% | 7.36% | 6.12% | 3.17% | -1.38% | -4.89% | -2.02% | 9.29% | 5.42% | 45.53% |
| 2022 | -8.92% | -4.78% | 4.44% | -12.03% | -2.63% | -1.05% | 10.64% | -5.14% | -9.20% | 1.55% | 3.76% | -9.11% | -29.94% |
| 2021 | 0.00% | -3.54% | 5.24% | 1.70% | 0.89% | 4.16% |
Benchmark Metrics
Global X NASDAQ 100 Tail Risk ETF has an annualized alpha of 2.60%, beta of 0.88, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since August 26, 2021.
- This ETF generated an annualized alpha of 2.60% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.88 and R2 of 0.69, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.60%
- Beta
- 0.88
- R²
- 0.69
- Upside Capture
- 103.21%
- Downside Capture
- 99.06%
Expense Ratio
QTR has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QTR ranks 60 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QTR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.35 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.66 | +0.01 |
| Martin ratioReturn relative to average drawdown | 8.96 | 11.86 | -2.90 |
Dividends
Dividend History
Global X NASDAQ 100 Tail Risk ETF provided a 16.05% dividend yield over the last twelve months, with an annual payout of $5.71 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $5.71 | $5.71 | $0.16 | $0.14 | $0.07 | $0.49 |
Dividend yield | 16.05% | 18.77% | 0.50% | 0.53% | 0.36% | 1.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X NASDAQ 100 Tail Risk ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.63 | $5.71 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.07 |
| 2021 | $0.49 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X NASDAQ 100 Tail Risk ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X NASDAQ 100 Tail Risk ETF was 31.72%, occurring on Dec 28, 2022. Recovery took 244 trading sessions.
The current Global X NASDAQ 100 Tail Risk ETF drawdown is 0.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -31.72%Dec 2022 | 1y 1mo | 11mo 25d | 2y 25dNov 2021 - Dec 2023 |
2025 selloff2025 | -18.99%Apr 2025 | 3mo 22d | 2mo 26d | 6mo 18dDec 2024 - Jul 2025 |
2026 correction2026 | -12.29%Mar 2026 | 5mo 1d | 23d | 5mo 24dOct 2025 - Apr 2026 |
2024 correction2024 | -11.12%Aug 2024 | 27d | 3mo 2d | 3mo 29dJul 2024 - Nov 2024 |
2026 pullback2026 | -6.80%Jun 2026 | 7d | — | 18d 8hJun 2026 - now |
Drawdown Indicators
| QTR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.72% | -56.78% | +25.06% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -9.10% | -3.19% |
Max Drawdown (3Y)Largest decline over 3 years | -18.99% | -18.90% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.81% | -2.49% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -8.78% | -10.72% | +1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 2.03% | +1.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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