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Global X S&P 500 Tail Risk Etf

Global X S&P 500 Tail Risk Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization3.26 mln

Business Description

This fund puts at least 80% of its money into assets that track a specific index, which combines ownership of S&P 500 stocks with the purchase of put options as a form of downside protection. Put options give the fund the right to sell at a set price, helping to limit potential losses when markets fall. The fund is designed to closely mirror the performance of this index, with an expected correlation of over 95% before any fees are taken into account.

Key Fundamentals

EPS1.02
P/E27.74

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.35% 46 / 100   
1 Month 4.98% 81 / 100   
2 Months 5.49% 74 / 100   
6 Months 9.08% 53 / 100   
1 Year 20.9% 61 / 100   



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