AUSF


Adaptive U.S. Factor ETF

Reasons to Consider AUSF

Outperformance Potential

AUSF seeks to outperform traditional market capitalization weighted indexes by allocating across three factors – minimum volatility, value, and momentum – that have historically demonstrated advantages compared to broad benchmark indexes.

Dynamic Factor Allocation

AUSF either allocates to two factors with a 50% / 50% weighting, or all three factors with a weighting of 40% / 40% / 20% depending on the trailing returns of each factor.

Tax Efficient

Dynamically allocating across multiple factors within one ETF can result in tax efficiencies compared to buying and selling individual factor ETFs.

Key Information As of 10/21/21

Inception Date 08/24/18
Total Expense Ratio 0.27%
Net Assets $179.25 million
NAV $31.07
Fact Sheet

ETF Summary

The Global X Adaptive U.S. Factor ETF (AUSF) seeks to outperform traditional cap-weighted indexes by employing a dynamic multi-factor investment strategy that allocates across three factors: minimum volatility, value, and momentum.

ETF Objective

The Global X Adaptive U.S. Factor ETF (AUSF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies® U.S. Factor Index.

Trading Details As of 10/21/21

Ticker AUSF
Bloomberg Index Ticker AWSUSF
CUSIP 37954Y574
ISIN US37954Y5740
Primary Exchange NYSE Arca
Shares Outstanding 5,770,002
Number of Holdings 194
30-Day Median Bid-Ask Spread 0.30%

Distributions As of 10/21/21

30-Day SEC Yield 2.64%
Distribution Frequency Quarterly

ETF Prices As of 10/21/21

NAV $31.07 Daily Change -$0.06 -0.21%
Market Price $31.01 Daily Change -$0.10 -0.33%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 38.52% 38.89% 38.89%
3 Years 9.77% 9.79% 10.13%
Since Inception 9.45% 9.50% 9.80%
1 Year 38.52% 38.89% 38.89%
3 Years 9.77% 9.79% 10.13%
Since Inception 9.45% 9.50% 9.80%
Year-to-Date 17.69% 18.03% 18.00%
1 Month -2.81% -2.68% -2.78%
3 Months 0.84% 0.94% 0.91%
Since Inception 32.32% 32.50% 33.66%
Year-to-Date 17.69% 18.03% 18.00%
1 Month -2.81% -2.68% -2.78%
3 Months 0.84% 0.94% 0.91%
Since Inception 32.32% 32.50% 33.66%

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.

Top Holdings As of 10/21/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.02 PINC PREMIER INC-CLASS A BDZDRC5 39.75 90,979 3,616,415.25
2.00 DOX AMDOCS LTD 2256908 81.11 44,199 3,584,980.89
1.94 AGNC AGNC INVESTMENT CORP BYYHJL8 16.60 209,335 3,474,961.00
1.83 VZ VERIZON COMMUNIC 2090571 53.39 61,476 3,282,203.64
1.77 T AT&T INC 2831811 25.76 123,281 3,175,718.56
1.70 MMC MARSH & MCLENNAN COS 2567741 168.43 18,125 3,052,793.75
1.67 AJG ARTHUR J GALLAGHER & CO 2359506 163.46 18,323 2,995,077.58
1.65 RSG REPUBLIC SERVICES INC 2262530 131.29 22,467 2,949,692.43
1.61 WM WASTE MANAGEMENT INC 2937667 161.88 17,820 2,884,701.60
1.55 GRMN GARMIN LTD B3Z5T14 164.00 16,987 2,785,868.00
1.53 TYL TYLER TECHNOLOGIES INC 2909644 516.70 5,316 2,746,777.20
1.51 PFE PFIZER INC 2684703 42.86 62,929 2,697,136.94
1.50 WMT WALMART INC 2936921 146.81 18,288 2,684,861.28
1.48 NLOK NORTONLIFELOCK INC BJN4XN5 26.29 100,883 2,652,214.07
1.47 MCD MCDONALD'S CORP 2550707 241.40 10,940 2,640,916.00
1.41 KR KROGER CO 2497406 39.30 64,368 2,529,662.40
1.39 JNJ JOHNSON & JOHNSON 2475833 163.40 15,198 2,483,353.20
1.38 LMT LOCKHEED MARTIN CORP 2522096 373.14 6,609 2,466,082.26
1.37 PNM PNM RESOURCES INC 2707826 49.75 49,258 2,450,585.50
1.33 FLO FLOWERS FOODS INC 2744243 25.01 95,126 2,379,101.26
1.32 CERN CERNER CORP 2185284 71.87 32,907 2,365,026.09
1.29 QGEN QIAGEN N.V. BYXS688 53.56 43,235 2,315,666.60
1.27 JKHY JACK HENRY 2469193 172.24 13,244 2,281,146.56
1.15 CHTR CHARTER COMMUN-A BZ6VT82 735.67 2,807 2,065,025.69
1.09 PSA PUBLIC STORAGE 2852533 322.51 6,033 1,945,702.83
1.03 FIS FIDELITY NATIONA 2769796 124.43 14,865 1,849,651.95
0.98 KO COCA-COLA CO/THE 2206657 54.35 32,213 1,750,776.55
0.91 CTXS CITRIX SYSTEMS INC 2182553 100.20 16,273 1,630,554.60
0.79 MRK MERCK & CO. INC. 2778844 81.17 17,540 1,423,721.80
0.79 RGLD ROYAL GOLD INC 2755706 98.90 14,220 1,406,358.00
0.67 NLY ANNALY CAPITAL M 2113456 8.71 138,680 1,207,902.80
0.66 DGX QUEST DIAGNOSTICS INC 2702791 145.36 8,156 1,185,556.16
0.66 MOS MOSAIC CO/THE B3NPHP6 42.17 27,956 1,178,904.52
0.62 JEF JEFFERIES FINANC BG0Q4Z2 42.36 26,143 1,107,417.48
0.61 PEP PEPSICO INC 2681511 159.18 6,861 1,092,133.98
0.61 CMA COMERICA INC 2212870 86.68 12,566 1,089,220.88
0.60 HFC HOLLYFRONTIER CORP B5VX1H6 36.57 29,561 1,081,045.77
0.60 HUN HUNTSMAN CORP B0650B9 32.56 33,044 1,075,912.64
0.60 NYCB NY COMM BANCORP 2711656 14.11 76,218 1,075,435.98
0.59 ZION ZIONS BANCORP NA 2989828 64.57 16,484 1,064,371.88
0.59 FITB FIFTH THIRD BANCORP 2336747 45.08 23,307 1,050,679.56
0.58 KEY KEYCORP 2490911 23.78 43,860 1,042,990.80
0.58 DKS DICK'S SPORTING GOODS INC 2969637 123.95 8,390 1,039,940.50
0.58 LNC LINCOLN NATIONAL CORP 2516378 74.73 13,856 1,035,458.88
0.58 KNX KNIGHT-SWIFT TRA BF0LKD0 56.75 18,156 1,030,353.00
0.58 RF REGIONS FINANCIAL CORP B01R311 23.28 44,246 1,030,046.88
0.57 OKE ONEOK INC 2130109 64.31 15,921 1,023,879.51
0.57 MTG MGIC INVESTMENT CORP 2548616 16.43 62,317 1,023,868.31
0.57 MTB M & T BANK CORP 2340168 159.76 6,399 1,022,304.24
0.57 BKR BAKER HUGHES CO BDHLTQ5 24.27 42,084 1,021,378.68
0.56 DTM DT MIDSTREAM INC BN7L880 49.69 20,334 1,010,396.46
0.56 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 18.70 53,877 1,007,499.90
0.56 NRZ NEW RESIDENT BRJ9GW0 11.41 87,941 1,003,406.81
0.56 PACW PACWEST BANCORP 2619772 47.20 21,245 1,002,764.00
0.56 FOXA FOX CORP - CLASS A BJJMGL2 42.61 23,521 1,002,229.81
0.56 HBAN HUNTINGTON BANCSHARES INC 2445966 16.49 60,593 999,178.57
0.55 TGNA TEGNA INC BZ0P3Z5 20.45 48,530 992,438.50
0.55 SNV SYNOVUS FINANCIAL CORP BMH4NJ8 49.02 20,158 988,145.16
0.55 OGN ORGANON & CO BLDC8J4 35.36 27,944 988,099.84
0.55 BG BUNGE LTD 2788713 87.69 11,214 983,355.66
0.55 PRU PRUDENTIAL FINANCIAL INC 2819118 113.27 8,631 977,633.37
0.55 BIO BIO-RAD LABORATORIES-A 2098508 759.85 1,285 976,407.25
0.54 UMPQ UMPQUA HOLDINGS CORP 2484389 20.78 46,851 973,563.78
0.54 OZK BANK OZK BZ56Q65 45.56 21,285 969,744.60
0.54 TSN TYSON FOODS INC-CL A 2909730 81.19 11,910 966,972.90
0.54 WMB WILLIAMS COS INC 2967181 28.52 33,672 960,325.44
0.54 ADM ARCHER-DANIELS-MIDLAND CO 2047317 64.87 14,794 959,686.78
0.53 CFG CITIZENS FINANCIAL GROUP BQRX1X3 49.46 19,213 950,274.98
0.53 MET METLIFE INC 2573209 65.81 14,431 949,704.11
0.53 GD GENERAL DYNAMICS CORP 2365161 208.04 4,548 946,165.92
0.52 RDN RADIAN GROUP INC 2173911 24.45 38,345 937,535.25
0.52 NVT NVENT ELECTRIC PLC BDVJJQ5 32.77 28,475 933,125.75
0.52 PFG PRINCIPAL FINANCIAL GROUP 2803014 69.01 13,430 926,804.30
0.52 HPE HEWLETT PACKA BYVYWS0 15.49 59,826 926,704.74
0.51 RGA REINSURANCE GROU 2731193 119.33 7,709 919,914.97
0.51 HPQ HP INC BYX4D52 30.57 29,849 912,483.93
0.51 FHN FIRST HORIZON CORP 2341484 16.92 53,910 912,157.20
0.51 CIT CIT GROUP INC B4Z73G0 51.49 17,671 909,879.79
0.51 IPG INTERPUBLIC GRP 2466321 37.08 24,454 906,754.32
0.51 CSCO CISCO SYSTEMS INC 2198163 55.69 16,272 906,187.68
0.51 DISH DISH NETWORK CORP-A 2303581 43.88 20,648 906,034.24
0.50 STLD STEEL DYNAMICS INC 2849472 63.07 14,321 903,225.47
0.50 UBSI UNITED BANKSHARES INC 2905794 36.86 24,452 901,300.72
0.50 WBA WALGREENS BOOTS BTN1Y44 49.14 18,240 896,313.60
0.50 VLY VALLEY NATIONAL BANCORP 2935326 13.62 65,686 894,643.32
0.50 C CITIGROUP INC 2297907 70.51 12,661 892,727.11
0.50 JNPR JUNIPER NETWORKS INC 2431846 28.43 31,332 890,768.76
0.50 BXMT BLACKSTONE MOR-A B94QHZ0 32.70 27,226 890,290.20
0.50 CVS CVS HEALTH CORP 2577609 86.86 10,248 890,141.28
0.50 HII HUNTINGTON INGAL B40SSC9 211.13 4,200 886,746.00
0.50 AFL AFLAC INC 2026361 56.12 15,797 886,527.64
0.49 NXST NEXSTAR MEDIA-A 2949758 150.35 5,892 885,862.20
0.49 HRB H&R BLOCK INC 2105505 24.82 35,485 880,737.70
0.49 ORI OLD REPUBLIC INTL CORP 2659109 24.82 35,367 877,808.94
0.49 MO ALTRIA GROUP INC 2692632 48.23 18,161 875,905.03
0.48 STWD STARWOOD PROPERT B3PQ520 25.87 33,302 861,522.74
0.48 CTVA CORTEVA INC BK73B42 42.71 20,168 861,375.28
0.48 UNM UNUM GROUP 2433842 27.87 30,847 859,705.89
0.48 STX SEAGATE TECHNOLO BKVD2N4 82.24 10,406 855,789.44
0.47 KBH KB HOME 2485070 40.85 20,754 847,800.90
0.47 INTC INTEL CORP 2463247 56.00 15,139 847,784.00
0.47 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 96.56 8,770 846,831.20
0.47 PRGO PERRIGO CO PLC BGH1M56 45.79 18,488 846,565.52
0.47 DOW DOW INC BHXCF84 59.26 14,252 844,573.52
0.47 LUMN LUMEN TECHNOLOGIES INC BMDH249 12.50 67,452 843,150.00
0.47 OMC OMNICOM GROUP 2279303 72.39 11,551 836,176.89
0.47 KMI KINDER MORGAN INC B3NQ4P8 17.53 47,688 835,970.64
0.46 IVZ INVESCO LTD B28XP76 25.00 33,171 829,275.00
0.46 ADS ALLIANCE DATA 2762030 96.34 8,526 821,394.84
0.45 WHR WHIRLPOOL CORP 2960384 207.90 3,918 814,552.20
0.45 DUK DUKE ENERGY CORP B7VD3F2 103.00 7,871 810,713.00
0.45 CNC CENTENE CORP 2807061 68.99 11,676 805,527.24
0.45 SJM JM SMUCKER CO/THE 2951452 121.80 6,573 800,591.40
0.44 SLG SL GREEN REALTY CORP BM8F3T0 73.00 10,897 795,481.00
0.44 IP INTERNATIONAL PAPER CO 2465254 53.16 14,956 795,060.96
0.44 ABBV ABBVIE INC B92SR70 108.76 7,275 791,229.00
0.44 CI CIGNA CORP BHJ0775 216.23 3,646 788,374.58
0.44 IBM IBM 2005973 128.33 6,142 788,202.86
0.44 KHC KRAFT HEINZ CO/THE BYRY499 36.38 21,620 786,535.60
0.44 CBRL CRACKER BARREL 2231091 131.05 5,997 785,906.85
0.44 VIAC VIACOMCBS INC - CLASS B BKTNTR9 37.78 20,693 781,781.54
0.43 UHS UNIVERSAL HLTH-B 2923785 137.35 5,541 761,056.35
0.41 NWL NEWELL BRANDS INC 2635701 23.25 31,237 726,260.25
0.40 QRTEA QURATE RETAIL-A BZ19HB0 10.21 70,700 721,847.00
0.40 CAH CARDINAL HEALTH INC 2175672 49.06 14,528 712,743.68
0.40 FL FOOT LOCKER INC 2980906 48.88 14,507 709,102.16
0.38 SMG SCOTTS MIRACLE-GRO CO 2781518 147.89 4,659 689,019.51
0.26 SUI SUN COMMUNITIES INC 2860257 200.64 2,316 464,682.24
0.22 DHR DANAHER CORP 2250870 310.74 1,247 387,492.78
0.20 COST COSTCO WHOLESALE CORP 2701271 477.23 748 356,968.04
0.19 YUM YUM! BRANDS INC 2098876 126.78 2,693 341,418.54
0.18 FTDR FRONTDOOR INC BFYF094 43.31 7,439 322,183.09
0.17 EXR EXTRA SPACE STORAGE INC B02HWR9 185.12 1,648 305,077.76
0.17 CUBE CUBESMART B6SW913 52.70 5,764 303,762.80
0.17 ACN ACCENTURE PLC-CL A B4BNMY3 347.12 873 303,035.76
0.17 AZO AUTOZONE INC 2065955 1,807.68 167 301,882.56
0.17 PG PROCTER & GAMBLE CO/THE 2704407 139.33 2,158 300,674.14
0.17 LLY ELI LILLY & CO 2516152 241.17 1,238 298,568.46
0.16 ORCL ORACLE CORP 2661568 96.30 3,031 291,885.30
0.16 ATR APTARGROUP INC 2045247 129.07 2,193 283,050.51
0.16 MORN MORNINGSTAR INC B081VR8 290.00 962 278,980.00
0.16 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 248.30 1,121 278,344.30
0.14 NFG NATIONAL FUEL GAS CO 2626103 57.79 4,465 258,032.35
0.14 TMUS T-MOBILE US INC B94Q9V0 116.85 2,191 256,018.35
0.14 CHRW CH ROBINSON 2116228 98.80 2,559 252,829.20
0.14 LBRDK LIBERTY BROADBAND-C BRTLC06 175.39 1,440 252,561.60
0.14 BKI BLACK KNIGHT INC BDG75V1 72.39 3,340 241,782.60
0.13 DG DOLLAR GENERAL CORP B5B1S13 218.94 1,079 236,236.26
0.13 WSO WATSCO INC 2943039 298.04 776 231,279.04
0.12 MDT MEDTRONIC PLC BTN1Y11 121.65 1,719 209,116.35
0.12 ADP AUTOMATIC DATA PROCESSING 2065308 214.71 970 208,268.70
0.12 CABO CABLE ONE INC BZ07DS4 1,781.99 116 206,710.84
0.11 NOC NORTHROP GRUMMAN CORP 2648806 402.77 506 203,801.62
0.11 MDLZ MONDELEZ INTER-A B8CKK03 60.16 3,387 203,761.92
0.11 AEP AMERICAN ELECTRIC POWER 2026242 85.20 2,379 202,690.80
0.11 AON AON PLC-CLASS A BLP1HW5 319.41 626 199,950.66
0.11 HSY HERSHEY CO/THE 2422806 180.30 1,076 194,002.80
0.10 SO SOUTHERN CO/THE 2829601 64.16 2,792 179,134.72
0.10 CHE CHEMED CORP 2190084 461.05 388 178,887.40
0.10 CMS CMS ENERGY CORP 2219224 60.80 2,875 174,800.00
0.10 ELS EQUITY LIFESTYLE 2563125 85.18 2,045 174,193.10
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 241.75 720 174,060.00
0.10 CHD CHURCH & DWIGHT CO INC 2195841 83.80 2,072 173,633.60
0.09 PGR PROGRESSIVE CORP 2705024 94.63 1,694 160,303.22
0.09 COR CORESITE REALTY CORP B3T3VV8 145.79 1,097 159,931.63
0.09 UHAL AMERCO 2028174 724.89 217 157,301.13
0.09 ED CONSOLIDATED EDISON INC 2216850 75.44 2,052 154,802.88
0.09 ESS ESSEX PROPERTY TRUST INC 2316619 332.98 457 152,171.86
0.08 EA ELECTRONIC ARTS INC 2310194 140.63 1,069 150,333.47
0.08 ARE ALEXANDRIA REAL 2009210 206.56 722 149,136.32
0.08 AEE AMEREN CORPORATION 2050832 84.49 1,730 146,167.70
0.08 FCN FTI CONSULTING INC 2351449 142.33 1,015 144,464.95
0.08 SBUX STARBUCKS CORP 2842255 114.44 1,259 144,079.96
0.08 DLR DIGITAL REALTY TRUST INC B03GQS4 154.78 912 141,159.36
0.08 PAYX PAYCHEX INC 2674458 122.38 1,138 139,268.44
0.08 ERIE ERIE INDEMNITY-A 2311711 199.30 696 138,712.80
0.08 BRK/B BERKSHIRE HATH-B 2073390 286.82 476 136,526.32
0.07 WRB WR BERKLEY CORP 2093644 78.89 1,679 132,456.31
0.07 APD AIR PRODS & CHEM 2011602 293.89 445 130,781.05
0.07 BAX BAXTER INTERNATIONAL INC 2085102 81.46 1,576 128,380.96
0.07 DPZ DOMINO'S PIZZA INC B01SD70 467.96 272 127,285.12
0.07 LNT ALLIANT ENERGY CORP 2973821 56.75 2,206 125,190.50
0.07 GILD GILEAD SCIENCES INC 2369174 66.99 1,853 124,132.47
0.07 HE HAWAIIAN ELECTRIC INDS 2415204 41.37 2,971 122,910.27
0.07 WAT WATERS CORP 2937689 361.01 340 122,743.40
0.07 SON SONOCO PRODUCTS CO 2821395 59.57 2,055 122,416.35
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 108.55 1,120 121,576.00
0.07 CHNG CHANGE HEALTHCARE INC BK5CVS5 21.13 5,708 120,610.04
0.06 BMY BRISTOL-MYERS SQUIBB CO 2126335 57.81 1,995 115,330.95
0.06 DIS WALT DISNEY CO/THE 2270726 171.34 662 113,427.08
0.06 CLX CLOROX COMPANY 2204026 160.06 692 110,761.52
0.06 ZNGA ZYNGA INC - CL A B79PX49 7.80 13,356 104,176.80
0.06 HRL HORMEL FOODS CORP 2437264 41.66 2,499 104,108.34
0.04 CASH 1.00 73,062 73,062.14
0.02 SLVM SYLVAMO CORP BMW72C8 27.31 1,359 37,114.29
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Financials 20.8
Health Care 14.4
Information Technology 13.6
Consumer Staples 10.2
Communication Services 8.7
Consumer Discretionary 8.7
Industrials 6.6
Real Estate 6.1
Materials 5.1
Energy 3.4
Utilities 2.5

Source: AltaVista Research, LLC

ETF Characteristics As of 10/21/21

Return on Equity 16.30%
Weighted Avg. Market Cap 60,972 M
2020 2021
Price-to-earnings 18.15 13.21
Price-to-book value 2.28 2.05

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/21/21

Versus Beta
S&P 500 1.09
MSCI EAFE 1.11
MSCI Emg. Mkts 0.90
Standard Deviation 22.20%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index. Performance of companies in the financial sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets.  AUSF 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. Beginning October 15, 2020, 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. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times.

Since the Fund’s shares typically do 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 Adaptive Wealth Strategies® (AWS), nor does AWS 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 AWS.