Global X S&P 500 Tail Risk ETF (XTR)
Global X S&P 500 Tail Risk ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $29.17, up 0.08% on the session, giving a market capitalisation of $5.0M. Its beta of 0.94 implies it has historically moved less than the broad market.
The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index measures the performance of a risk management strategy that holds the underlying stocks of the S&P 500® Index and applies a protective put strategy (i.e. long (purchased) put options) on the S&P 500® Index. The adviser expects that the correlation between the fund's performance and that of the underlying index, before fees and expenses, will exceed 95%.
Global X S&P 500 Tail Risk ETF is most often compared with the following Financial Services names: