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Global X S&P 500 Tail Risk ETF XTR

Is Global X S&P 500 Tail Risk ETF Halal?

Shariah Compliance Analysis of XTR ETF

No. As of October 2026, Global X S&P 500 Tail Risk ETF (XTR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

XTR was created on 2021-08-25 by Global X. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.5m in AUM and 504 holdings. XTR tracks an index of the S&P 500 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options.

XTR Shariah Compliance

As of October 2026, Global X S&P 500 Tail Risk ETF is classified as not halal.

NOT HALAL

Global X S&P 500 Tail Risk ETF (XTR) Chart

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