XCLR
Global X S&P 500 Collar 95-110 ETF
📎 Investment Objective
The Global X S&P 500 Collar 95-110 ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Collar 95-110 Index.
Overview
ETF tracking Global X S&P 500 Collar 95-110 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Global X S&P 500 Collar 95-110 ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Collar 95-110 Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that seeks to track the S&P 500 Collar 95-110 Index. The index uses a 'collar' strategy, which involves holding shares of the underlying index and simultaneously buying put options and selling call options on the same index.
✨ Key Features
- Provides exposure to the large-cap U.S. equity market with a collar strategy to potentially limit downside risk and upside participation
- Tracks the S&P 500 Collar 95-110 Index, which aims to provide downside protection while allowing for some upside participation
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities in the index
- Option strategy risk: The fund's use of options may not be successful and could limit the fund's participation in market gains
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Liquidity risk: The fund may experience low trading volume, making it difficult to buy or sell shares
👤 Best For
The Global X S&P 500 Collar 95-110 ETF may be suitable for investors seeking large-cap U.S. equity exposure with a focus on downside protection. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with the fund's options-based strategy.