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QTR

GradeBNASDAQ Global Market

Global X - Nasdaq 100 Tail Risk ETF

Buffered · Global X · Inception 2021-08-25 · SEC filings

$34.83−0.27 (−0.78%)

As of Sep 23, 2026, 2:18 PM EDT

Intraday session: down, 52 prints from 35.10 to 34.83. Range 34.72 to 35.05. Use the arrow keys to read each point.$34.70$34.90$35.0010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$11M
1Y return
+16.6%
Yield · Last 12 months
16.16%
Holdings
103
Volume · 30D
0M sh
NAV per share
$35.11
52W range
low $27.65high $37.40

The ETF.net QTR Grade

B

62/ 100

Rank 2 of 12 in Nasdaq-100 Buffer 9-12%

Confidence Medium

Six-pillar profile for QTR. Scores out of 100: Cost 97, Risk 17, Mission not scored, Tradability 32, Holdings 86, Durability 38. Strongest: Cost (97). Weakest: Risk (17). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 97
    Category rank1/12 · top 8%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 17
    Category rank11/12 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 32
    Category rank9/12 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 86
    Category rank1/6 · top 17%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 38
    Category rank10/12 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on QTR

ETF.net Research

BQTR owns the Nasdaq-100 and buys puts 10% below the index, so it wears the first leg of a selloff and passes the deep-drop risk to the options market. Insurance you pay for, not a capped buffer.

Stated mandate

QTR seeks to buffer market selloffs through a protective-put strategy that owns Nasdaq-100 stocks and buys 10% out-of-the-money puts on the Nasdaq-100 Index. It aims to generally track the Nasdaq-100 Quarterly Protective Put 90 Index's price and yield performance before fees and expenses.

Why people hold it

  1. 01Protection is bought outright rather than funded by selling upside calls, so the trade-off is the running cost of the puts instead of a ceiling on gains.globalxetfs.com
  2. 020.25% a year, a fraction of the going rate in its Nasdaq-100 downside-protection peer group, where 0.50% (PGIM's Buffer 12 series) to 0.79% (QBUF) is typical.
  3. 03The puts roll on the quarterly schedule set by its index, so there is no defined outcome period to time an entry around.
  4. 04Holds the Nasdaq-100 stocks directly, roughly 100 names, and sits among the stronger implementations in its peer group.

Worth knowing

  1. 01The puts sit 10% out of the money. The first 10% of an index drop is fully yours; the hedge only engages past that.
  2. 02You pay put premiums whether or not markets fall, a standing cost that weighs on results in calm and rising markets.
  3. 03A small fund that trades thinly next to the big buffer franchises, so spreads can run wider. Limit orders help.

QTR Holdings

As of Sep 21, 2026, 6:07 PM
Asset class
Stocks
Holdings
103
Top-10 weight
46%
Largest holding
NVDA8.2%

Sectors

  • Technology59.6%
  • Communication12.9%
  • Consumer Discr.10.4%
  • Cons. Staples6.2%
  • Industrials4.2%
  • Health Care3.9%
  • Utilities1.1%
  • Materials1.0%
  • Energy0.5%
  • Financials0.2%

Geography

  • United States94.77%
  • United Kingdom1.64%
  • Netherlands1.26%
  • Canada0.86%
  • Singapore0.78%
  • Uruguay0.45%
  • Ireland0.23%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP8.25%3,784$841K828
002AAPLAPPLE INC7.55%2,291$770K707
003MSFTMICROSOFT CORP5.64%1,165$575K792
004MUMICRON TECHNOLOGY INC4.87%489$497K655
005AMZNAMAZON.COM INC4.21%1,692$429K720
006AMDADVANCED MICRO DEVICES3.88%707$396K618
007GOOGLALPHABET INC-CL A3.15%920$322K704
008METAMETA PLATFORMS INC3.04%466$310K683
009TSLATESLA INC2.94%824$300K509
010GOOGALPHABET INC-CL C2.93%867$299K471
011SPCXSPACE EXPLORATION TECHN-CL A2.78%1,857$284K268
012AVGOBROADCOM INC2.61%746$266K732
013INTCINTEL CORP2.42%2,273$247K492
014WMTWALMART INC2.20%2,103$224K462
015CSCOCISCO SYSTEMS INC1.83%1,704$187K567

Showing 1–15 of 105 holdings

QTR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QTR$11,663
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. QTR $11,663. SPY $11,723. Use the arrow keys to read each point.$8,980$10,533$12,087Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QTR. Periods over one year show the average yearly return.
PeriodQTR
Year to date+15.6%
1 month+3.8%
3 months−0.9%
1 year+16.6%
3 years+22.0%per year
5 years+11.6%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QTR
YearReturn barQTR
2026 YTD+15.6%
2025+14.5%
2024+21.4%
2023+45.5%
2022−29.9%
2021+4.2%

History from Aug 26, 2021

QTR in the news

ETF.net Research hasn’t filed on QTR yet — coverage lands here as it’s written.

QTR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
16.16%Last 12 months
Payout per share
$5.67Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2021–2026

One bar per payment. 10 payments from 2021 to 2026 YTD. Dec 30, 2021 $0.49; Jun 29, 2022 $0.03; Dec 29, 2022 $0.04; Jun 29, 2023 $0.03; Dec 28, 2023 $0.11; Jun 27, 2024 $0.06; Dec 30, 2024 $0.10; Jun 27, 2025 $0.08; Dec 30, 2025 $5.63; Jun 29, 2026 $0.04. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 2, 2026$0.04
Dec 30, 2025Jan 7, 2026$5.63
Jun 27, 2025Jul 7, 2025$0.08
Dec 30, 2024Jan 7, 2025$0.10
Jun 27, 2024Jul 5, 2024$0.06
Dec 28, 2023Jan 8, 2024$0.11
Jun 29, 2023Jul 10, 2023$0.03
Dec 29, 2022Jan 9, 2023$0.04
Jun 29, 2022Jul 8, 2022$0.03
Dec 30, 2021Jan 7, 2022$0.49

QTR Risk

How much the fund’s monthly returns vary, scaled to a year.
16.7%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.83
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−31.7%
Trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QTR Cost

Expense ratio0.25%
  • The middle half of Nasdaq-100 Buffer 9-12% funds
  • Median 0.79%

No Nasdaq-100 Buffer 9-12% fund charges less.

QTR costs $25.00 a year on $10,000. The median Nasdaq-100 Buffer 9-12% fund costs $79.00.