Global X Funds Global X S&P 500 Tail Risk ETFGlobal X Funds Global X S&P 500 Tail Risk ETFGlobal X Funds Global X S&P 500 Tail Risk ETF

Global X Funds Global X S&P 500 Tail Risk ETF

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Key stats

Assets under management (AUM)
‪2.48 M‬USD
Fund flows (1Y)
‪−1.39 M‬USD
Dividend yield (indicated)
0.96%
Discount/Premium to NAV
−0.4%

About Global X Funds Global X S&P 500 Tail Risk ETF

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.25%
Inception date
Aug 25, 2021
Index tracked
Cboe S&P 500 Tail Risk
Management style
Passive
XTR holds component securities of the S&P 500 Index, while buying 10% out-of-the-money put options on the S&P 500 Index in an amount that corresponds to the value of the portfolio. The long put positions are purchased on a quarterly basis and held to maturity. At expiration, the positions will either expire or settle in cash. Buying puts further out of the money reduces the cost of this hedge, but also lessens the amount of downside protection. Take note though that if value of the S&P 500 does not fall below the strike price of the purchased put options during the time the put options are held, then the funds strategy will incur higher costs because of the purchased put options. Also, investors who buy at any other time than the funds quarterly put options purchase date or those who sells shares other than on the day that the put option expires, may have different returns and protection.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Volatility hedged
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy