AQWA

Clean Water ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider AQWA

High Growth Potential

Forecasts suggest the global seawater desalination market could grow by more than 67% from 2021 to 2028, exceeding $22bn and highlighting one of many growth opportunities for the clean water theme.¹

Global Tailwinds

Despite its apparent abundance, freshwater is a scarce and finite resource. As the global population grows, investment in clean water technologies may be essential to sustaining and improving standards of living.

Conscious Approach

AQWA incorporates Environmental, Social & Governance (ESG) screens and follows ESG proxy voting guidelines to affect positive change alongside financial returns.

¹Grand View Research, Nov 2021

Key Information As of 05/26/22

Inception Date	04/08/21
Total Expense Ratio	0.50%
Net Assets	$6.24 million
NAV	$13.87
Fact Sheet

ETF Summary

The Global X Clean Water ETF (AQWA) seeks to invest in companies advancing the provision of clean water through industrial water treatment, storage and distribution infrastructure, as well as purification and efficiency strategies, among other activities.

ETF Objective

The Global X Clean Water ETF (AQWA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Clean Water Industry Index.

Trading Details As of 05/26/22

Ticker	AQWA
Bloomberg Index Ticker	SOLAQWA
CUSIP	37954Y186
ISIN	US37954Y1863
Primary Exchange	Nasdaq
Shares Outstanding	450,000
Number of Holdings	39
30-Day Median Bid-Ask Spread	0.36%

Distributions As of 05/26/22

30-Day SEC Yield	1.51%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/26/22

NAV	$13.87	Daily Change	$0.02	0.15%
Market Price	$13.90	Daily Change	$0.07	0.51%

As of recent (03/31/22)	Fund NAV	Market Price	Index
Year-to-Date	-12.98%	-13.01%	-12.92%
1 Month	1.26%	1.26%	1.34%
3 Months	-12.98%	-13.01%	-12.92%
Since Inception	2.44%	2.57%	2.78%
Year-to-Date	-20.01%	-20.03%	-19.96%
1 Month	-8.08%	-8.07%	-8.08%
3 Months	-10.49%	-10.65%	-10.46%
Since Inception	-5.84%	-5.70%	-5.52%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
8.79	AWK	AMERICAN WATER W	B2R3PV1	148.82	3,684	548,252.88
8.30	XYL	XYLEM INC	B3P2CN8	83.93	6,171	517,932.03
8.10	WTRG	ESSENTIAL UTILITIES INC	BLCF3J9	45.85	11,029	505,679.65
7.86	ECL	ECOLAB INC	2304227	164.20	2,986	490,301.20
6.13	UU/ LN	UNITED UTILITIES	B39J2M4	13.06	29,296	382,735.15
4.69	SVT LN	SEVERN TRENT PLC	B1FH8J7	36.98	7,921	292,920.33
4.62	WMS	ADVANCED DRAINAG	BP7RS59	108.36	2,660	288,237.60
4.24	PNR	PENTAIR PLC	BLS09M3	50.30	5,264	264,779.20
4.14	AOS	SMITH (A.O.) CORP	2816023	59.63	4,329	258,138.27
3.32	AQUA	EVOQUA WATER TEC	BF329G6	35.72	5,792	206,890.24
2.86	6370 JP	KURITA WATER IND	6497963	37.15	4,807	178,575.38
2.78	270 HK	GUANGDONG INVESTMENT LTD	6913168	1.26	137,600	173,366.20
2.74	PNN LN	PENNON GROUP PLC	BNNTLN4	12.98	13,165	170,834.29
2.74	WTS	WATTS WATER TE-A	2943620	127.83	1,335	170,653.05
2.71	SBSP3 BZ	SABESP	B1YCHL8	10.07	16,809	169,292.95
2.34	021240 KS	COWAY CO LTD	6173401	55.25	2,640	145,856.35
2.26	AWR	AMERICAN STATES WATER CO	2267171	78.59	1,792	140,833.28
2.21	FELE	FRANKLIN ELECTRIC CO INC	2350383	72.66	1,899	137,981.34
2.18	CWT	CALIF WATER SRVC	2165383	53.29	2,555	136,155.95
1.74	BMI	BADGER METER INC	2069128	76.39	1,418	108,321.02
1.55	RWC AU	RELIANCE WORLDWI	BD1DM79	2.68	36,111	96,835.62
1.42	MWA	MUELLER WATER-A	B15RZR4	11.86	7,470	88,594.20
1.31	SJW	SJW GROUP	2811932	60.96	1,337	81,503.52
1.30	KIT SP	KEPPEL INFRASTRU	B1P31B8	0.41	198,651	80,987.59
1.30	300070 C2	BEIJING ORIGIN-A	BD5CNZ7	0.71	114,300	80,945.16
1.15	600008 C1	BEIJING CAPITA-A	BP3R7K1	0.43	166,900	71,499.16
1.13	MSEX	MIDDLESEX WATER CO	2589466	84.22	838	70,576.36
0.96	371 HK	BJ ENT WATER	B01YCG0	0.32	190,040	60,040.79
0.71	000598 C2	CHENGDU XINGRO-A	BD5CJV5	0.76	58,300	44,352.94
0.71	ERII	ENERGY RECOVERY INC	B3B5J07	19.45	2,275	44,248.75
0.64	855 HK	CHINA WATER AFFAIRS GROUP	6671477	1.01	39,700	39,954.65
0.50	WTTR	SELECT ENERGY -A	BDHSLL5	8.41	3,688	31,016.08
0.43	CSMG3 BZ	COPASA MG - ORD	B0YBZJ2	2.78	9,615	26,719.51
0.42	AGUAS/A CI	AGUAS ANDINAS SA-A	2311238	0.20	129,766	26,073.73
0.36	AWPT AB	ALKHORAYEF WATER	BN33QN1	31.46	722	22,713.18
0.35	6368 JP	ORGANO CORP	6470522	78.38	275	21,555.08
0.30	603956 C1	WPG SHANGHAI S-A	BKM3FR8	1.52	12,300	18,696.79
0.29	9551 JP	METAWATER CO LTD	BSTJDT3	16.15	1,137	18,359.88
0.29	6254 JP	NOMURA MICRO SCI	B248ZF3	32.28	558	18,012.02
0.16		CASH		1.00	9,781	9,782.48

Holdings are subject to change.

Sector Breakdown As of 04/30/22

	Sector	Weight (%)
	Utilities	49.1
	Industrials	38.2
	Materials	8.0
	Consumer Discretionary	2.4
	Information Technology	1.8
	Energy	0.5

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/22

	Country	Weight (%)
	United States	61.0
	Britain	18.9
	Hong Kong	4.5
	China	3.5
	Japan	3.4
	Brazil	2.8
	South Korea	2.4
	Australia	1.6
	Singapore	1.3
	Chile	0.4
	Saudi Arabia	0.4

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity	12.80%
Weighted Avg. Market Cap	12,202 M
	2021	2022
Price-to-earnings	23.00	20.66
Price-to-book value	2.72	2.55

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus	Beta
S&P 500	1.07
MSCI EAFE	1.26
MSCI Emg. Mkts	0.69
Standard Deviation	19.10%

Source: AltaVista Research, LLC

ETF Research

The Case for Clean Water

Sustainably-Themed Investing: Affecting Positive Change Through Disruption

What’s Next for Infrastructure Spending?

Latest Premium / Discount As of 05/26/22

NAV	$13.87
Market Price	$13.90
Premium / (Discount)	$0.03

Current View 2022 Q2 As of 05/26/22

Days at Premium	25
Days at NAV	0
Days at Discount	14
Greatest Premium	0.64%
Greatest Discount	-0.83%

Daily Premium / Discount History As of 05/26/22

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which AQWA may invest may be limited. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Clean Water Companies typically face intense competition, short product lifecycles and potentially rapid product obsolescence. Clean Water Companies are subject to significant regulation regarding the usage, treatment, and distribution of water. Clean Water Companies may also be adversely affected by the impact of global climate change on the available supply of clean water reserves. AQWA is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.

AQWA

Clean Water ETF

Reasons to Consider AQWA

High Growth Potential

Global Tailwinds

Conscious Approach

Key Information As of 05/26/22

ETF Summary

ETF Objective

Trading Details As of 05/26/22

Distributions As of 05/26/22

ETF Prices As of 05/26/22

Performance History

Top Holdings As of 05/26/22

Sector Breakdown As of 04/30/22

Country Breakdown As of 04/30/22

ETF Characteristics As of 05/26/22

ETF Risk Stats As of 05/26/22

ETF Research

The Case for Clean Water

Sustainably-Themed Investing: Affecting Positive Change Through Disruption

What’s Next for Infrastructure Spending?

ETF Documents