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XTRvsPBPETF Comparison

ETF 1

XTR

Global X S&P 500 Tail Risk ETF

This fund is part of

Options Strategies

+0.17%

Full XTR fund page

VS

ETF 2

PBP

Invesco S&P 500 BuyWrite ETF

This fund is part of

Options Strategies

+0.17%

Full PBP fund page

Global X S&P 500 Tail Risk ETF (XTR) and Invesco S&P 500 BuyWrite ETF (PBP) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. XTR is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.29% for PBP. XTR is up 3.14% year-to-date (YTD) with +$1M in YTD flows. PBP performs worse with 2.22% YTD performance, and +$8M in YTD flows. Run a side-by-side ETF comparison of XTR and PBP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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XTR vs PBP performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	XTR PBP	+7.99%+3.59%	+1.75%+1.09%	+3.14%+2.22%	+25.44%+17.41%	+63.79%+38.81%	n/a+47.00%
Flows	XTR PBP	-+$10M	+$804K+$16M	+$1M+$8M	+$1M+$189M	-$340K+$232M	-+$163M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	XTR PBP	+12.98%+10.41%	+11.09%+6.89%	+12.33%+10.33%	n/a+11.37%
Max drawdown	XTR PBP	-8.56%-5.24%	-8.56%-5.24%	-14.42%-15.51%	n/a-18.35%
Max drawdown duration	XTR PBP	79d58d	79d58d	132d240d	n/a679d

Trading data

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	XTR	PBP
Last sale 4/24/2026 at 1:30 PM	$27.25	$22.48
Previous close 04/23/2026	$27.05	$22.40
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	XTR	PBP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	XTR	PBP
Last price	$27.25	$22.48
1D performance	+0.73%	+0.36%
AuM	$3.27 M	$333.37 M
E/R	0.25%	0.29%

Characteristics

	XTR	PBP
Management strategy	Passive	Passive
Provider	Global X	Invesco
Benchmark	Cboe S&P 500 Tail Risk Index	CBOE S&P 500 BuyWrite Index
N° of holdings	477	478
Asset class	Equities	Alternative
Trailing 12m distribution yield	Join	Join
Inception date	August 25, 2021	December 20, 2007
ESG	No	No

More XTR data on Trackinsight

More PBP data on Trackinsight

Exposure

Countries

XTR

USA

94.81%

Other

5.19%

PBP

USA

98.16%

Other

1.84%

Sectors

XTR

Information Techn.

32.81%

Financials

10.24%

Communication Ser.

9.89%

Consumer Discreti.

9.82%

Health Care

9.18%

Industrials

8.12%

Other

19.94%

PBP

Information Techn.

34.3%

Financials

10.44%

Communication Ser.

10.14%

Consumer Discreti.

10.07%

Health Care

9.46%

Industrials

8.51%

Other

17.08%

Diversification

XTR

Total weight of top 15 holdings out of 15

41.14%

PBP

Total weight of top 15 holdings out of 15

42.59%

Top 15 holdings

Data as of March 31, 2026

XTR

NVIDIA

7.23%

APPLE

6.52%

MICROSOFT-T

4.80%

AMAZON.COM INC

3.53%

ALPHABET INC-CL

2.86%

BROADCOM LIMITED

2.50%

ALPHABET INC-CL

2.29%

META PLATFORMS

2.11%

TESLA

1.79%

BERKSHIRE HATHWAY

1.58%

JPMORGAN CHASE

1.37%

EXXON

1.28%

LILLY

1.26%

JOHNSON&JOHNSON

1.04%

WALMART INC

0.97%

PBP

NVIDIA

7.56%

APPLE

6.78%

MICROSOFT-T

4.92%

AMAZON.COM INC

3.62%

ALPHABET INC-CL

2.97%

BROADCOM LIMITED

2.65%

ALPHABET INC-CL

2.38%

META PLATFORMS

2.13%

TESLA

1.89%

BERKSHIRE HATHWAY

1.59%

JPMORGAN CHASE

1.42%

EXXON

1.33%

LILLY

1.29%

JOHNSON&JOHNSON

1.08%

WALMART INC

1.00%

Frequently asked questions about XTR and PBP

How have the XTR and PBP ETFs performed in 2026?

As of April 24, 2026, XTR is up 3.14% year-to-date (YTD), while PBP has returned 2.22%. That puts XTR better performer ahead so far this year.

Which ETF is attracting more investor money: XTR or PBP?

Year-to-date, the XTR ETF saw +$1M in flows, compared to +$8M for PBP.

Which ETF is more volatile: XTR or PBP?

Over the past year, XTR had a volatility of 11.09%, while PBP experienced 6.89%.

Which ETF is bigger: XTR or PBP?

As of April 24, 2026, XTR holds $3.27 M in assets under management (AUM), while PBP manages $333.37 M.

What sectors do the XTR and PBP ETFs invest in?

XTR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, PBP focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the XTR ETF and PBP ETF?

XTR top holdings include NVIDIA, APPLE and MICROSOFT-T. PBP holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: XTR or PBP?

XTR holds 501 securities with 41.14% of its assets in the top 15. PBP has 503 securities and a top 15 weight of 42.59%.

Options Strategies in ETFs, Part 1: A Grand Overview

November 1, 2023

PBP

XTRvsPBPETF Comparison

Global X S&P 500 Tail Risk ETF

Invesco S&P 500 BuyWrite ETF

XTR vs PBP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the XTR and PBP ETFs performed in 2026?

As of April 24, 2026, XTR is up 3.14% year-to-date (YTD), while PBP has returned 2.22%. That puts XTR better performer ahead so far this year.

Which ETF is attracting more investor money: XTR or PBP?

Year-to-date, the XTR ETF saw +$1M in flows, compared to +$8M for PBP.

Which ETF is more volatile: XTR or PBP?

Over the past year, XTR had a volatility of 11.09%, while PBP experienced 6.89%.

Which ETF is bigger: XTR or PBP?

As of April 24, 2026, XTR holds $3.27 M in assets under management (AUM), while PBP manages $333.37 M.

What sectors do the XTR and PBP ETFs invest in?

XTR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, PBP focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the XTR ETF and PBP ETF?

XTR top holdings include NVIDIA, APPLE and MICROSOFT-T. PBP holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: XTR or PBP?

XTR holds 501 securities with 41.14% of its assets in the top 15. PBP has 503 securities and a top 15 weight of 42.59%.

Options Strategies in ETFs, Part 1: A Grand Overview

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