Global X NASDAQ 100 Tail Risk ETF (QTR) Performance
QTR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.6% since Dec 31, 2025
- 1 year
- +9.5% total return
- 5 years
- +10.4% a year
- Since first price
- +9.9% a year since 2021
QTR trailing returns vs SPY, QQQ, AGG
| Period | QTR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.4% | −4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.0% | +5.9% | +7.8% | +8.4% | −1.5% |
| YTD | +9.6% | +9.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.5% | −7.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.1%+20.1%/yr | +44.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +63.9%+10.4%/yr | +33.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 25, 2021 | +62.5%+9.9%/yr | +32.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QTR vs SPY
From Aug 25, 2021: QTR grew to $16,251, SPY to $18,158.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QTR returns by calendar year
3 of 4 full years positive. Best 2023 (+45.5%), worst 2022 (−29.9%). 2026 is year to date.
QTR annual returns table
| Year | QTR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.6% | −11.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.5% | −18.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.5% | −11.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +45.5% | −10.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −29.9% | −31.1% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QTR largest drawdowns
Now 7.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 22, 2021 | −31.7% | Dec 28, 2022 | Dec 18, 2023 | 1.1 years | 2.1 years |
| Dec 16, 2024 | −19.0% | Apr 8, 2025 | Jul 3, 2025 | 4 months | 7 months |
| Oct 29, 2025 | −12.3% | Mar 30, 2026 | Apr 22, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −11.1% | Aug 7, 2024 | Nov 7, 2024 | 28 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QTR risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +21.6% | +11.9% | +10.9% |
| Volatility (annualized) | 16.3% | 18.6% | 18.6% |
| Sharpe ratio | 1.02 | 0.51 | 0.46 |
| Sortino ratio | 2.01 | 0.80 | 0.72 |
| Best month | +14.1% | +14.1% | +14.1% |
| Worst month | −8.0% | −12.0% | −12.0% |
| Best 12 months | +34.7% | +45.5% | +45.5% |
| Worst 12 months | +2.6% | −29.9% | −29.9% |
| Positive months | 67% | 62% | 61% |
| Beta vs S&P 500 | 1.18 | 1.04 | — |
| Correlation with S&P 500 | 0.90 | 0.87 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QTR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 51 | −29.9% | +17.2% | +45.5% | 84% |
| 3-year (a year) | 27 | +6.6% | +18.2% | +26.5% | 100% |
| 5-year (a year) | 3 | +9.8% | +10.5% | +11.9% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
QTR performance overview
Global X NASDAQ 100 Tail Risk ETF (QTR) returned +9.5% over the past year and +10.4% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +9.9% a year, turning $10,000 into about $16,251. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.7%, from Nov 22, 2021 to Dec 28, 2022, and it took 12 months to get back to the old high. QTR finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+45.5%) and the worst 2022 (−29.9%). Volatility has been 18.6% a year.
Related: QTR chart, QTR holdings, QTR dividends, QTR valuation. See the QTR overview for the latest quote and fund facts.
QTR performance FAQ
What is the QTR return over the past year?
QTR returned +9.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.6%.
What is the average annual return of QTR?
QTR has returned +10.4% a year over 5 years, +9.9% a year since August 25, 2021 (total return, distributions reinvested).
How much would $10,000 invested in QTR be worth?
$10,000 invested in QTR at its first recorded close on August 25, 2021 would be worth about $16,251 on October 23, 2026 with distributions reinvested.
What was the worst year for QTR?
The worst calendar year was 2022, with a total return of −29.9%. The best was 2023 at +45.5%.
What is the biggest drawdown of QTR?
The largest peak-to-trough decline was −31.7% between November 22, 2021 and December 28, 2022. It recovered to the old high on December 18, 2023, 12 months after the bottom.
How volatile is QTR?
Over the past 3 years QTR had an annualized volatility of 16.3% and a Sharpe ratio of 1.02 (excess return over 1–3 month T-bills per unit of risk).