By employing a defined outcome strategy, the Fund aims to provide a 30% buffer on the S&P 500, after the first 5% of losses on the same index.
Growth Potential
The Fund enables investors to participate in the growth of the S&P 500, up to a cap.
Potential Risk Reduction
Through its defined outcome strategy, the Fund increases the potential to reduce downside equity within a strategic allocation.
Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
ETF Summary
The Global X S&P 500 Annual Tail Hedge UCITS ETF (SPAH LN) seeks to replicate
the returns of the S&P 500 Annual 30% (-5% to -35%) Buffer Protect Index, up to
a cap, while buffering investors against 30% of the losses after the first 5% of
annual losses. The Fund seeks to achieve this outcome through buying and selling
put options, and selling out-of-the-money call options on the same index.
ETF Objective
The Global X S&P 500 Annual Tail Hedge UCITS ETF (SPAH LN) seeks to replicate the investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Annual 30% (-5% to -35%) Buffer Protect Index.
Trading Details
As of 02 Apr 2026
Primary Ticker
SPAH
Primary ISIN
IE000HGH8PV2
Bloomberg Index Ticker
SPBSA
Number of Holdings
28
Index Provider
S&P
Management Style
Synthetic - Passively Managed - Index Tracking
Swap Counterparties
Citi
Regulatory
SFDR Classification
Article 6
UCITS Compliant
Yes
ISA Eligibility
Yes
SIPP Eligibility
Yes
UK Reporting Status
Yes
Authorized Participants & Market Makers
Citigroup Global Markets, DRW Europe BV, Flow Traders BV, GHCO LLP, HSBC Bank PLC, Jane Street Financial Ltd, Mirae Asset Securities UK Ltd, Societe Generale SA, Susquehanna Intl Ltd, Virtu Financial Ireland Ltd, JP Morgan Securities PLC
Options Contract Detail
As of 31 Dec 2025
New Written Call Strike
New Purchased Put Strike
New Written Put Strike
7541.2585
6503.4815
4449.7505
Basket Constituents
As of 02 Apr 2026
Net Assets (%)
Ticker
Name
SEDOL
Market Price ($)
Shares Held
Market Value ($)
9.17
WMT
WALMART INC
931142103
125.79
550.00
69,184.50
7.07
TSLA
TESLA INC
88160R101
360.59
148.00
53,367.32
5.53
MU
MICRON TECHNOLOGY INC
595112103
366.24
114.00
41,751.36
4.85
BAC
BANK OF AMERICA CORP
060505104
49.38
741.00
36,590.58
4.71
PM
PHILIP MORRIS IN
718172109
158.10
225.00
35,572.50
4.70
PEP
PEPSICO INC
713448108
157.01
226.00
35,484.26
4.57
MCK
MCKESSON CORP
58155Q103
884.28
39.00
34,486.92
4.52
GM
GENERAL MOTORS CO
37045V100
72.54
470.00
34,093.80
4.39
ADI
ANALOG DEVICES INC
032654105
318.34
104.00
33,107.36
4.35
GS
GOLDMAN SACHS GROUP INC
38141G104
863.04
38.00
32,795.52
Key Information
As of 02 Apr 2026
Inception Date
07 Nov 2023
Total Expense Ratio
0.50%
Ongoing Charges
0.50%
Swap Fee
-0.07%
Fund AUM
$754,666.14
Starting Cap
10.16%
Buffer Amount
30.00% (-5.00% to -35.00%)
Outcome Period
02 Jan 2026 - 31 Dec 2026
Factsheet
Domicile
Ireland
Investment Manager
Global X Management Company LLC
Custodian
BBH
Asset Class
Equity
Performance History
USD Accumulating
As of recent Month End & Quarter End (31 Mar 2026)