QTR: GLOBAL X NASDAQ 100 TAIL RISK ETF
What this ETF is trying to do
The GLOBAL X NASDAQ 100 TAIL RISK ETF (ticker: QTR) is an exchange-traded fund designed to provide exposure related to the NASDAQ 100. Based on its top holdings, the fund includes many large technology companies. This report uses data as of September 24, 2026, to help you understand how the fund has performed and how it handles distributions.
What the numbers show
When looking at this ETF, it is important to understand the difference between price return (how much the share price changed) and total return (the share price change plus any distributions received).
• Year-to-Date (YTD): The YTD price return is approximately 14.66%. When including distributions, the YTD total return is approximately 14.79%.
• One-Year: The one-year price return was a decline of approximately 1.36%. However, the one-year total return was a gain of approximately 16.89%.
• Three-Year: The three-year price return was approximately 50.39%, while the three-year total return was approximately 80.27%.
• Five-Year: The five-year total return was approximately 70.80%.
An estimated price from roughly one year ago was $35.34, while the current price is $34.86.
Income and distribution explanation
This ETF has a high distribution yield of approximately 16.27%. This number represents the cash distributions relative to the ETF's price. It is important to remember that a high yield does not mean an investor earned that same percentage as total return.
The fund's distribution frequency is described as "irregular or less frequent," with 2 payouts recorded over the last 12 months. While high yields can provide cash income, they do not guarantee that your original investment (the principal) will stay the same value.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, we can look at the erosion-risk score, which is 94. This is labeled as "Stable / sideways" with a "good" severity level. There is no severe erosion-risk flag for this ETF.
Pros
• Strong Total Returns: The total return figures over one, three, and five years are significantly higher than the price-only returns.
• High Income Potential: The fund offers a high distribution yield and has an income rating grade of "A."
• Stable Risk Profile: The erosion-risk score suggests the price movement has been relatively stable or sideways.
Cons
• Price Volatility: The one-year price return showed a decline, even though the total return was positive.
• Irregular Payouts: The distributions are not paid on a regular, predictable schedule.
Beginner takeaway
The QTR ETF is characterized by high distributions and a significant difference between its share-price movement and its total return. While the share price may fluctuate or even decline slightly (as seen in the one-year price return), the total return remains positive due to the distributions. Investors should remember that high yields are not a guarantee of stability and should look at total return to see the full picture.
Top Holdings (Partial List):
• NVIDIA CORP (8.69%)
• APPLE INC (7.38%)
• MICROSOFT CORP (5.83%)
• MICRON TECHNOLOGY INC (4.95%)
• AMAZON.COM INC (4.39%)
• ADVANCED MICRO DEVICES INC (3.60%)
• ALPHABET INC CLASS A (3.12%)
• TESLA INC (2.92%)
• ALPHABET INC CLASS C (2.89%)
• META PLATFORMS INC CLASS A (2.88%)
*Note: Holdings can change over time. This list is partial.*
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.69% |
| 2 | APPLE INC | AAPL | 7.38% |
| 3 | MICROSOFT CORP | MSFT | 5.83% |
| 4 | MICRON TECHNOLOGY INC | MU | 4.95% |
| 5 | AMAZON.COM INC | AMZN | 4.39% |
| 6 | ADVANCED MICRO DEVICES INC | AMD | 3.60% |
| 7 | ALPHABET INC CLASS A | GOOGL | 3.12% |
| 8 | TESLA INC | TSLA | 2.92% |
| 9 | ALPHABET INC CLASS C | GOOG | 2.89% |
| 10 | META PLATFORMS INC CLASS A | META | 2.88% |