Global X S&P 500 Tail Risk ETF (XTR) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XTR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XTR
XTR charges 0.25% annually. No ETFs in the Equity Hedged category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.33M | Aug 2021 | XTR vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 74.50M | Dec 2012 | XTR vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | XTR vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | XTR vs QQHG | |
| T. Rowe Price Hedged Equity ETF | 0.46% | 37.48M | Mar 2025 | XTR vs THEQ |
Best Risk-Adjusted Alternatives to XTR
XTR has a PortfoliosLab risk / return rank of 56. There are 14 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 95 | — | Jun 2024 | XTR vs MAXJ | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 90 | 118.15M | Jul 2024 | XTR vs KSPY | |
| Innovator U.S. Small Cap Managed Floor ETF | 88 | 89.46M | Sep 2024 | XTR vs RFLR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 88 | 84.34M | Sep 2024 | XTR vs HECO | |
| MC Trio Equity Buffered ETF | 83 | — | Mar 2025 | XTR vs TRIO |
Top Performing XTR Alternatives (YTD)
XTR is at 8.45% YTD. There are 7 ETFs in the Equity Hedged category with higher YTD returns, going as high as 66.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 66.34% | 84.34M | Sep 2024 | XTR vs HECO | |
| Innovator U.S. Small Cap Managed Floor ETF | 15.05% | 89.46M | Sep 2024 | XTR vs RFLR | |
| Horizon NASDAQ-100 Defined Risk ETF | 11.69% | 79.22M | Jul 2025 | XTR vs QGRD | |
| Invesco S&P 500 Downside Hedged ETF | 11.22% | 74.50M | Dec 2012 | XTR vs PHDG | |
| Invesco QQQ Hedged Advantage ETF | 9.71% | — | May 2025 | XTR vs QQHG |
Lowest Volatility Alternatives to XTR
XTR has 11.41% 1-year volatility. There are 19 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.32% | — | Jun 2024 | XTR vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.16% | 14.52M | Jan 2026 | XTR vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.74% | 301.01M | May 2019 | XTR vs HEDG | |
| MC Trio Equity Buffered ETF | 6.22% | — | Mar 2025 | XTR vs TRIO | |
| Simplify Hedged Equity ETF | 6.69% | 300.35M | Nov 2021 | XTR vs HEQT |
Lowest Drawdown Alternatives to XTR
XTR has a 1-year max drawdown of -8.51%. There are 16 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | XTR vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | XTR vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 118.15M | Jul 2024 | XTR vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | XTR vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 300.35M | Nov 2021 | XTR vs HEQT |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 89 | 10.00% | 8.37B | Dec 2013 | XTR vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.69% | 6.91B | Sep 2023 | XTR vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 52 | 20.17% | 10.08B | May 2018 | XTR vs AIQ | |
| Global X Uranium ETF | Uranium | 13 | -4.28% | 5.92B | Nov 2010 | XTR vs URA | |
| Global X Copper Miners ETF | Copper | 61 | 7.99% | 6.98B | Apr 2010 | XTR vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 18 | -0.50% | 3.44B | Sep 2016 | XTR vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 33 | -10.07% | 4.14B | Apr 2010 | XTR vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 90 | 7.34% | 3.22B | Jun 2013 | XTR vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 80 | 34.71% | 2.25B | Oct 2020 | XTR vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 53 | 18.73% | 14.01B | Mar 2017 | XTR vs PAVE |
Often Compared With XTR
Investors most often compare XTR with TAIL, SPY, SPD. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare XTR with Any Fund or Stock
Compare XTR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XTR with funds that move differently
Global X S&P 500 Tail Risk ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XTR.
Explore XTR Diversifiers