Key stats
About Global X Funds Global X S&P 500 Collar 95-110 ETF
Expense ratio
0.25%
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Inception date
Aug 25, 2021
XCLR is a passively managed ETF that holds US large-cap stocks from the S&P 500 Index while using an options collar strategy to manage risks. Quarterly, the fund takes long positions in put options 5% below the market price and takes short positions in call options with a strike price at 10% above the market price of the S&P 500 Index. If strike prices for the options are unavailable, the fund will select the put option with the strike price closest to but more than 5% below the market price, and call options with the price closest to but more than 10% above the market price of S&P 500. Each option position will be held until its expiration after three months. The term 95-110 refers to the value in percentage of the S&P 500 Index when the put options (95%) and call options (110%) were purchased.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.