Global X S&P 500 Tail Risk ETF
$29.02−0.17 (−0.60%)
- Expense ratio
- 0.25%
- Fund size
- $5M
- 1Y return
- +12.5%
- Yield · Last 12 months
- 16.07%
- Holdings
- 504
- Volume · 30D
- 0M sh
- NAV per share
- $29.21
- 52W range
The ETF.net XTR Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 19Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 8Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 92Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 47Category rank
Our read on XTR
CMost downside-protection ETFs sell away your upside to pay for it. XTR pays cash instead: it owns the S&P 500 stocks and buys 10% out-of-the-money puts every quarter, leaving the upside uncapped.
The Fund seeks to track the performance of the Cboe S&P 500 Tail Risk Index before fees and expenses.
Why people hold it
- No cap on the gains. The hedge is bought with cash rather than funded by selling calls, so index rallies come through less the put premium and fees.sec.gov
- Costs 0.25%, well under half of what the defined-outcome funds it competes with typically charge for downside protection.
- Owns the roughly 500 S&P 500 stocks themselves, with the put position layered on top, rather than wrapping the index in a stack of options.sec.gov
- Rules-based and mechanical: puts are bought at 10% below the prevailing index level each quarter and held to expiration, with no manager guessing at timing.sec.gov
Worth knowing
- Protection starts about 10% down and resets quarterly, so garden-variety dips are absorbed in full and the gap widens if the market rallies mid-quarter.sec.gov
- Insurance is not free. The quarterly premium is a steady cost against plain index exposure, and in calm markets the puts expire worthless.sec.gov
- A small fund that trades thinly, so limit orders matter and subscale products carry more risk of being closed than the category's giants.
XTR Holdings
- Stocks
- 504
- 38%
- NVDA
Sectors
- Technology38.7%
- Financials12.1%
- Communication9.5%
- Health Care9.3%
- Consumer Discr.9.3%
- Industrials7.7%
- Cons. Staples4.5%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
Geography
- United States97.61%
- Ireland1.21%
- United Kingdom0.38%
- Switzerland0.31%
- Singapore0.28%
- Netherlands0.11%
- Bermuda0.08%
- Canada0.01%
XTR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | XTR |
|---|---|
| Year to date | +10.7% |
| 1 month | +0.9% |
| 3 months | +3.1% |
| 1 year | +12.5% |
| 3 years | +19.0% |
| 5 years | +10.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XTR |
|---|---|---|
| 2026 YTD | +10.7% | |
| 2025 | +13.7% | |
| 2024 | +22.0% | |
| 2023 | +21.2% | |
| 2022 | −17.7% | |
| 2021 | +4.5% |
XTR in the news
ETF.net Research hasn’t filed on XTR yet — coverage lands here as it’s written.
XTR Dividends
- 16.07%
- $4.69
- $0.08 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jul 2, 2026 | $0.08 |
| Dec 30, 2025 | Jan 7, 2026 | $4.61 |
| Jun 27, 2025 | Jul 7, 2025 | $0.11 |
| Dec 30, 2024 | Jan 7, 2025 | $5.55 |
| Jun 27, 2024 | Jul 5, 2024 | $0.17 |
| Dec 28, 2023 | Jan 8, 2024 | $0.19 |
| Jun 29, 2023 | Jul 10, 2023 | $0.10 |
| Dec 29, 2022 | Jan 9, 2023 | $0.15 |
| Jun 29, 2022 | Jul 8, 2022 | $0.10 |
| Dec 30, 2021 | Jan 7, 2022 | $0.64 |
XTR Risk
- 12.2%
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.
- 0.99
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.
- −20.8%
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.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XTR Cost
- The middle half of S&P 500 Buffer 9-12% funds
- Median 0.79%
No S&P 500 Buffer 9-12% fund charges less.