Global X S&P 500 Tail Risk ETF (XTR) Performance
XTR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.8% since Dec 31, 2025
- 1 year
- +10.2% total return
- 5 years
- +9.3% a year
- Since first price
- +9.1% a year since 2021
XTR trailing returns vs SPY, QQQ, AGG
| Period | XTR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.4% | +2.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.4% | +6.1% | +7.8% | +8.4% | −1.5% |
| YTD | +8.8% | +8.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | −6.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +68.6%+19.0%/yr | +17.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +55.9%+9.3%/yr | +4.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 26, 2021 | +57.0%+9.1%/yr | +5.4% | — | — | — |
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: XTR vs SPY
From Aug 26, 2021: XTR grew to $15,697, SPY to $18,266.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XTR returns by calendar year
3 of 4 full years positive. Best 2024 (+21.8%), worst 2022 (−17.7%). 2026 is year to date.
XTR annual returns table
| Year | XTR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.8% | −8.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.7% | −14.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.8% | −7.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +21.2% | −8.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.7% | −20.7% | −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.
XTR largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 29, 2021 | −20.8% | Oct 14, 2022 | Jan 19, 2024 | 9 months | 2.1 years |
| Feb 19, 2025 | −14.3% | Apr 8, 2025 | Jul 2, 2025 | 48 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.
XTR risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +18.7% | +10.3% | +9.1% |
| Volatility (annualized) | 11.5% | 13.4% | 13.5% |
| Sharpe ratio | 1.18 | 0.53 | 0.46 |
| Sortino ratio | 2.28 | 0.82 | 0.70 |
| Best month | +9.4% | +9.4% | +9.4% |
| Worst month | −5.6% | −8.4% | −8.4% |
| Best 12 months | +34.3% | +34.3% | +34.3% |
| Worst 12 months | +5.5% | −17.7% | −17.7% |
| Positive months | 61% | 57% | 56% |
| Beta vs S&P 500 | 0.92 | 0.83 | — |
| Correlation with S&P 500 | 0.99 | 0.97 | — |
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.
XTR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 51 | −17.7% | +13.1% | +34.3% | 84% |
| 3-year (a year) | 27 | +6.7% | +14.9% | +19.6% | 100% |
| 5-year (a year) | 3 | +9.0% | +9.4% | +10.3% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
XTR performance overview
Global X S&P 500 Tail Risk ETF (XTR) returned +10.2% over the past year and +9.3% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +9.1% a year, turning $10,000 into about $15,697. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −20.8%, from Dec 29, 2021 to Oct 14, 2022, and it took 1.3 years to get back to the old high. XTR finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+21.8%) and the worst 2022 (−17.7%). Volatility has been 13.5% a year.
Related: XTR chart, XTR holdings, XTR dividends, XTR valuation. See the XTR overview for the latest quote and fund facts.
XTR performance FAQ
What is the XTR return over the past year?
XTR returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.3%.
What is the average annual return of XTR?
XTR has returned +9.3% a year over 5 years, +9.1% a year since August 26, 2021 (total return, distributions reinvested).
How much would $10,000 invested in XTR be worth?
$10,000 invested in XTR at its first recorded close on August 26, 2021 would be worth about $15,697 on October 23, 2026 with distributions reinvested.
What was the worst year for XTR?
The worst calendar year was 2022, with a total return of −17.7%. The best was 2024 at +21.8%.
What is the biggest drawdown of XTR?
The largest peak-to-trough decline was −20.8% between December 29, 2021 and October 14, 2022. It recovered to the old high on January 19, 2024, 1.3 years after the bottom.
How volatile is XTR?
Over the past 3 years XTR had an annualized volatility of 11.5% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).