QTR vs. MPAY ETF Comparison
Comparison of Global X NASDAQ 100 Tail Risk ETF (QTR) to Akros Monthly Payout ETF (MPAY)
QTR
Global X NASDAQ 100 Tail Risk ETF
QTR Description
Global X Funds - Global X NASDAQ 100 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Quarterly Protective Put 90 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$31.23
Average Daily Volume
311
Number of Holdings
*
101
* may have additional holdings in another (foreign) market
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$25.71
Average Daily Volume
709
Number of Holdings
*
51
* may have additional holdings in another (foreign) market
Performance
| Period | QTR | MPAY |
|---|---|---|
| 30 Days | 3.77% | 1.19% |
| 60 Days | 10.90% | 4.61% |
| 90 Days | 9.94% | 9.82% |
| 12 Months | 31.87% | 24.84% |
21 Overlapping Holdings
| Symbol | Grade | Weight in QTR | Weight in MPAY | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 8.8% | 5.94% | 5.94% | |
| ABNB | C | 0.39% | 1.23% | 0.39% | |
| ADBE | D | 1.38% | 1.57% | 1.38% | |
| ADP | A | 0.75% | 1.24% | 0.75% | |
| AMAT | F | 1.0% | 1.45% | 1.0% | |
| AMZN | A | 4.96% | 4.97% | 4.96% | |
| BKNG | B | 0.95% | 1.26% | 0.95% | |
| COST | C | 2.51% | 1.77% | 1.77% | |
| CSCO | A | 1.43% | 1.28% | 1.28% | |
| FTNT | B | 0.39% | 1.28% | 0.39% | |
| GOOGL | B | 2.46% | 4.73% | 2.46% | |
| INTU | C | 1.12% | 1.3% | 1.12% | |
| KLAC | F | 0.6% | 1.32% | 0.6% | |
| LIN | D | 1.45% | 1.27% | 1.27% | |
| MSFT | D | 7.95% | 5.7% | 5.7% | |
| NFLX | A | 2.07% | 1.44% | 1.44% | |
| NVDA | A | 8.58% | 6.38% | 6.38% | |
| PEP | F | 1.47% | 1.25% | 1.25% | |
| QCOM | C | 1.25% | 1.36% | 1.25% | |
| TSLA | A | 3.11% | 1.83% | 1.83% | |
| TXN | A | 1.24% | 1.23% | 1.23% |
QTR Overweight 80 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVGO | B | 5.32% | |
| META | C | 5.11% | |
| GOOG | B | 2.36% | |
| AMD | F | 1.72% | |
| TMUS | B | 1.69% | |
| ISRG | B | 1.17% | |
| AMGN | D | 1.09% | |
| CMCSA | B | 1.04% | |
| HON | C | 0.85% | |
| VRTX | B | 0.78% | |
| PANW | A | 0.76% | |
| MU | C | 0.76% | |
| ADI | C | 0.74% | |
| GILD | A | 0.7% | |
| SBUX | C | 0.7% | |
| LRCX | F | 0.65% | |
| MELI | B | 0.65% | |
| INTC | C | 0.63% | |
| REGN | F | 0.63% | |
| MDLZ | F | 0.59% | |
| CTAS | A | 0.54% | |
| CEG | C | 0.53% | |
| PDD | C | 0.53% | |
| PYPL | B | 0.52% | |
| SNPS | B | 0.51% | |
| CDNS | B | 0.5% | |
| CRWD | B | 0.47% | |
| MAR | A | 0.47% | |
| MRVL | B | 0.47% | |
| ASML | F | 0.44% | |
| NXPI | D | 0.42% | |
| ORLY | A | 0.42% | |
| CSX | C | 0.41% | |
| ADSK | B | 0.39% | |
| DASH | A | 0.38% | |
| ROP | C | 0.37% | |
| TTD | A | 0.35% | |
| PCAR | B | 0.35% | |
| WDAY | C | 0.33% | |
| PAYX | A | 0.33% | |
| AEP | D | 0.33% | |
| FANG | D | 0.33% | |
| MNST | B | 0.32% | |
| CPRT | C | 0.32% | |
| CHTR | B | 0.31% | |
| KDP | F | 0.29% | |
| FAST | A | 0.29% | |
| ROST | F | 0.29% | |
| AZN | F | 0.28% | |
| MCHP | F | 0.27% | |
| KHC | F | 0.27% | |
| ODFL | A | 0.27% | |
| EXC | D | 0.26% | |
| EA | B | 0.25% | |
| GEHC | D | 0.25% | |
| DDOG | B | 0.25% | |
| CTSH | B | 0.24% | |
| VRSK | B | 0.24% | |
| BKR | A | 0.24% | |
| IDXX | F | 0.24% | |
| CCEP | D | 0.23% | |
| XEL | B | 0.23% | |
| LULU | C | 0.23% | |
| ON | C | 0.21% | |
| ANSS | B | 0.19% | |
| CDW | F | 0.19% | |
| TEAM | B | 0.19% | |
| CSGP | D | 0.19% | |
| SMCI | F | 0.18% | |
| DXCM | D | 0.18% | |
| ZS | B | 0.18% | |
| BIIB | F | 0.17% | |
| TTWO | B | 0.17% | |
| ILMN | B | 0.15% | |
| GFS | D | 0.15% | |
| MRNA | F | 0.14% | |
| MDB | D | 0.13% | |
| WBD | C | 0.12% | |
| ARM | C | 0.11% | |
| DLTR | F | 0.09% |
QTR Underweight 30 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| GLDM | C | -3.6% | |
| IAUM | C | -3.36% | |
| LLY | F | -3.04% | |
| WMT | B | -2.21% | |
| ORCL | A | -1.78% | |
| V | A | -1.77% | |
| MA | B | -1.76% | |
| UNH | B | -1.74% | |
| HD | C | -1.74% | |
| XOM | B | -1.55% | |
| MRK | F | -1.53% | |
| NOW | A | -1.46% | |
| JNJ | D | -1.46% | |
| ABBV | B | -1.45% | |
| CRM | B | -1.43% | |
| LOW | C | -1.37% | |
| ACN | B | -1.34% | |
| CVX | B | -1.32% | |
| MCD | D | -1.31% | |
| CAT | A | -1.28% | |
| HCA | D | -1.28% | |
| TJX | D | -1.28% | |
| PM | C | -1.27% | |
| NKE | F | -1.25% | |
| AZO | B | -1.24% | |
| ABT | B | -1.23% | |
| LMT | D | -1.23% | |
| UPS | C | -1.22% | |
| RTX | D | -1.19% | |
| DELL | B | -1.02% |
QTR: Top Represented Industries & Keywords
Industries:
Semiconductors
Software - Application
Beverages - Soft Drinks
Business Services
Drug Manufacturers - Major
Semiconductor Equipment & Materials
Specialty Retail
Biotechnology
Diagnostics & Research
Internet Content & Information
Software - Infrastructure
Apparel Stores
Discount Stores
Diversified Industrials
Electronic Gaming & Multimedia
Information Technology Services
Internet Content & Information
Pay TV
Utilities - Regulated Electric
Auto & Truck Dealerships
Keywords:
Nasdaq 100
S&P 500
Computing
Integrated Circuits
Semiconductor
Mobile Devices
Work From Home
Smartphones
Software
Cloud Computing
Dow Jones Component
Electronics
Fabless Semiconductor Companies
Electronic Design
Medicine
Natural Gas
Power Management
Cloud Infrastructure
Electricity
Ethernet
MPAY: Top Represented Industries & Keywords
Industries:
Software - Application
Drug Manufacturers - Major
Semiconductors
Aerospace & Defense
Credit Services
Discount Stores
Home Improvement Stores
Oil & Gas Integrated
Semiconductor Equipment & Materials
Software - Infrastructure
Specialty Retail
Apparel Stores
Auto Manufacturers
Beverages - Soft Drinks
Business Services
Communication Equipment
Computer Systems
Consumer Electronics
Farm & Construction Equipment
Footwear & Accessories
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