Skip to content
Beacon

XCLRGlobal X S&P 500 Collar 95-110 ETF

Get income4y track recordRanked #1,154 of 1,622 in this goal

Seeks investment results that correspond to the performance of the Cboe S&P 500 3-Month Collar 95-110 Index.

By Global X Funds · Launched 2021

Annual Cost

0.25%

#1,230 of 5,562 · low cost

Fund Size

$3M

#5,209 of 5,562 · small

Dividend YieldGoal

0.97%

Track Record

4 years

#2,451 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,335+13.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Cboe S&P 500 3-Month Collar 95-110 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.0% of fund✓ well diversified

NVIDIA CORPORATION
8.4%
APPLE INC.
6.8%
MICROSOFT CORPORATION
6.6%
AMAZON.COM, INC.
4.0%
BROADCOM INC.
3.0%
ALPHABET INC.
2.8%
META PLATFORMS, INC.
2.4%
ALPHABET INC.
2.2%
TESLA, INC.
2.2%
BERKSHIRE HATHAWAY INC.
1.5%

Asset allocation

Stocks
99.9%
Cash
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
8.4%Low

Year-on-year price swings

Max drawdown
-46.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.95Decent risk-adjusted returns
Sortino (3Y)
1.36Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that correspond to the performance of the Cboe S&P 500 3-Month Collar 95-110 Index.
Strategy
Invests primarily in the securities of the Cboe S&P 500 3-Month Collar 95-110 Index, employing a collar strategy with long put options and short call options on the S&P 500 Index. The Fund aims to generate income while providing downside protection against significant declines in the S&P 500 Index.
Inception date
August 25, 2021
Fund family
Global X Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've reviewed XCLR. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19