QCLR

Global X NASDAQ 100 Collar 95-110 ETF

$32.44

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Global X NASDAQ 100 Collar 95-110 ETF (QCLR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 95-110 Collar Index.

Overview

ETF tracking Global X NASDAQ 100 Collar 95-110 ETF

Category International

Issuer Other

Inception Date 2021-08-26

Market Cap $3.9M

Average Volume N/A

Dividend Yield 7.94%

52-Week Range $26.29 - $33.30

VWAP $32.36

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a 'collared' options strategy, holding shares of the companies in the Nasdaq-100 Index and buying and selling call and put options on the same index. This strategy aims to provide downside protection while allowing for some upside participation.

✨ Key Features

Tracks the Nasdaq-100 95-110 Collar Index, which provides exposure to the Nasdaq-100 Index with a 'collar' options strategy
Utilizes call and put options to limit downside risk while allowing for some upside potential
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The fund's value will fluctuate with the Nasdaq-100 Index, and you may lose money
Options risk: The options strategy may not perform as expected, leading to losses
Liquidity risk: As a new fund, QCLR may have lower trading volume and liquidity
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

QCLR may be suitable for investors seeking exposure to the Nasdaq-100 Index with some downside protection, but who are comfortable with the risks associated with options-based strategies. Investors should have a medium to long-term investment horizon and be willing to accept the volatility inherent in this type of fund.