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GRNR

Green Building ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider GRNR

High Growth Potential

Forecasts suggest the global green building materials market could more than double between 2020 and 2028 (from $256bn to $653bn), highlighting one of several growth opportunities among the categories that GRNR invests in.¹

Sustainable Theme

Green buildings typically have smaller carbon footprints, with less water and energy waste. These qualities may be appealing as sustainability is more widely embraced.

Conscious Approach

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

¹Verified Market Research, Mar 2022

Key Information As of 05/26/23

Inception Date	04/11/22
Total Expense Ratio	0.45%
Net Assets	$1.97 million
NAV	$19.72
Fact Sheet

ETF Summary

The Global X Green Building ETF (GRNR) invests in companies positioned to benefit from increasing demand for buildings that either positively impact the natural environment or reduce/eliminate negative impacts. This includes companies involved in green building development and management, as well as the technologies used to increase energy efficiency in residential, commercial and public buildings.

ETF Objective

The Global X Green Building ETF (GRNR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Green Building Index.

Trading Details As of 05/25/23

Ticker	GRNR
Bloomberg Index Ticker	SOLGRNR
CUSIP	37960A842
ISIN	US37960A8421
Primary Exchange	Nasdaq
Shares Outstanding	100,000
Number of Holdings	76
30-Day Median Bid-Ask Spread	0.48%

Distributions As of 05/26/23

30-Day SEC Yield	0.49%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/26/23

NAV	$19.72	Daily Change	-$0.01	-0.05%
Market Price	$19.73	Daily Change	$0.06	0.31%

As of recent month-end (04/30/23) As of recent (03/31/23)	Fund NAV	Market Price	Index
1 Year	--	--	-18.44%
Since Inception	--	--	-17.23%
1 Year	-10.36%	-9.67%	-10.30%
Since Inception	-13.86%	-13.51%	-13.81%
Year-to-Date	0.39%	0.74%	0.51%
1 Month	-3.57%	-3.48%	-3.50%
3 Months	0.39%	0.74%	0.51%
Since Inception	-16.75%	-16.83%	-16.75%
Year-to-Date	3.08%	3.97%	3.26%
1 Month	2.68%	3.21%	2.73%
3 Months	-4.61%	-4.33%	-4.49%
Since Inception	-14.53%	-14.16%	-14.48%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
4.52	KNEBV FH	KONE OYJ-B	B09M9D2	51.86	1,718	89,091.02
4.35	SGRO LN	SEGRO PLC	B5ZN1N8	9.71	8,833	85,751.57
4.25	KSP ID	KINGSPAN GROUP PLC	4491235	67.77	1,237	83,826.25
4.09	CARR	CARRIER GLOBAL CORP	BK4N0D7	40.89	1,975	80,757.75
4.08	TT	TRANE TECHNOLOGIES PLC	BK9ZQ96	166.80	483	80,564.40
3.80	CSL	CARLISLE COS INC	2176318	216.83	346	75,023.18
3.66	LII	LENNOX INTERNATIONAL INC	2442053	280.54	257	72,098.78
3.59	SCG AU	SCENTRE GROUP	BLZH0Z7	1.78	39,812	70,727.84
3.55	SCHP SW	SCHINDLER HLD-PC	B11TCY0	212.75	329	69,996.14
3.09	GFC FP	GECINA SA	7742468	102.18	596	60,901.62
2.95	BXP	BOSTON PROPERTIES INC	2019479	47.74	1,220	58,242.80
2.69	BLD	TOPBUILD CORP	BZ0P3W2	206.16	257	52,983.12
2.41	MGR AU	MIRVAC GROUP	6161978	1.50	31,708	47,458.11
2.34	8951 JP	NIPPON BUILDING FUND INC	6396800	3,843.55	12	46,122.64
2.22	LAND LN	LAND SECURITIES GROUP PLC	BYW0PQ6	7.39	5,933	43,827.83
2.07	URW FP	UNIBAIL-RODAMCO-WESTFIELD	BF2PQ09	45.97	887	40,774.84
2.03	LI FP	KLEPIERRE	7582556	22.36	1,791	40,053.52
1.94	8953 JP	JAPAN METROPOLIT	6513342	684.01	56	38,304.57
1.88	HKL SP	HONGKONG LAND	6434915	4.37	8,472	37,022.64
1.83	VCX AU	VICINITY CENTRES	BY7QXS7	1.23	29,195	36,002.40
1.72	MTH	MERITAGE HOMES CORP	2601326	117.05	290	33,944.50
1.56	AAON	AAON INC	2268130	90.19	341	30,754.79
1.47	KBH	KB HOME	2485070	44.12	655	28,898.60
1.43	6845 JP	AZBIL CORP	6985543	31.42	899	28,250.72
1.37	COV FP	COVIVIO	7745638	48.86	554	27,068.37
1.37	LIGHT NA	SIGNIFY NV	BYY7VY5	26.80	1,010	27,063.80
1.28	KRC	KILROY REALTY CORP	2495529	26.91	937	25,214.67
1.24	CUZ	COUSINS PROPERTIES INC	BJP0MF6	19.85	1,227	24,355.95
1.09	101 HK	HANG LUNG PROPERTIES LTD	6030506	1.54	13,933	21,517.87
1.07	1972 HK	SWIRE PROPERTIES LTD	B67C2G0	2.49	8,460	21,099.11
1.05	MRL SM	MERLIN PROPERTIE	BNGNB77	8.15	2,536	20,660.49
1.03	FLT SP	FRASERS LOGISTIC	BYYFHZ2	0.90	22,583	20,364.59
0.91	VNO	VORNADO REALTY TRUST	2933632	13.33	1,346	17,942.18
0.91	EQC	EQUITY COMMONWEALTH	BPH3N63	20.70	866	17,926.20
0.87	HIW	HIGHWOODS PROPERTIES INC	2420640	20.41	842	17,185.22
0.87	SUN SP	SUNTEC REIT	B04PZ72	0.97	17,700	17,138.74
0.86	8955 JP	JAPAN PRIM REALT	6528175	2,427.13	7	16,989.93
0.82	DOOR	MASONITE INTERNA	BCZM468	91.19	178	16,231.82
0.81	3466 JP	LASALLE LOGIPORT REIT	BDD1L29	1,136.70	14	15,913.73
0.79	DEI	DOUGLAS EMMETT INC	B1G3M58	11.34	1,379	15,637.86
0.76	ICAD FP	ICADE	4554406	40.51	369	14,948.04
0.76	MHO	M/I HOMES INC	2549385	71.36	209	14,914.24
0.75	FABG SS	FABEGE AB	BFM6T36	7.32	2,009	14,707.69
0.73	3292 JP	AEON REIT INVESTMENT CORP	BFSSCF9	1,109.65	13	14,425.42
0.72	3471 JP	MITSUI FUDOSAN L	BYZWTW3	3,526.82	4	14,107.26
0.71	FCT SP	FRASERS CENTREPOINT TRUST	B17NZ47	1.60	8,768	13,998.73
0.65	JBGS	JBG SMITH PROPERTIES	BD3BX01	14.10	912	12,859.20
0.64	3234 JP	MORI HILLS INVES	B1GF9P3	1,048.44	12	12,581.23
0.64	COL SM	INMOBILIARIA COL	BD0PJ08	5.82	2,162	12,579.46
0.58	CTPNV NA	CTP NV	BLF7T27	13.02	876	11,403.66
0.56	KREIT SP	KEPPEL REIT	B12RQH4	0.65	17,012	11,002.66
0.54	ELME	ELME COMMUNITIES	2942304	15.12	699	10,568.88
0.50	CQR AU	CHARTER HALL RETAIL REIT	6225595	2.42	4,093	9,908.28
0.49	LIAB SS	LINDAB INTERNATIONAL AB	B1HP071	16.37	596	9,754.98
0.44	FAN LN	VOLUTION GROUP PLC	BN3ZZ52	5.45	1,573	8,574.32
0.42	CAI AV	CA IMMOBILIEN ANLAGEN AG	5681046	26.87	307	8,249.33
0.40		CASH		1.00	7,956	7,956.49
0.40	8976 JP	DAIWA OFFICE INV	B0LNTF5	3,945.34	2	7,890.67
0.38	603515 C1	OPPLE LIGHTING CO LTD-A	BYW5N56	2.80	2,700	7,556.67
0.38	81 HK	CHINA OVERSEAS G	6803247	0.49	15,126	7,432.83
0.34	LREIT SP	LENDLEASE GLOBAL	BKBPXB5	0.50	13,524	6,697.52
0.34	3487 JP	CRE LOGISTICS REIT INC	BFXZ9X2	1,324.60	5	6,623.01
0.33	2979 JP	SOSILA LOGISTICS REIT INC	BG0WNL9	935.78	7	6,550.44
0.33	CAV1V FH	CAVERION OYJ	BBP6J80	8.93	726	6,482.00
0.32	CLINT SP	CAPITALAND INDIA TRUST	B23DMQ9	0.78	8,183	6,350.91
0.32	ESRT	EMPIRE STATE REA	BF321D7	5.89	1,055	6,213.95
0.31	ATRLJB SS	ATRIUM LJUNGBERG AB-B SHS	B1TJ338	16.51	373	6,156.84
0.31	PGRE	PARAMOUNT GROUP INC	BSL7HC6	4.25	1,447	6,149.75
0.31	MERY FP	MERCIALYS	B0LMF87	8.03	756	6,070.01
0.31	PDM	PIEDMONT OFFIC-A	B3M3278	6.10	986	6,014.60
0.29	3493 JP	ADVANCE LOGISTIC	BZ1KQN8	967.30	6	5,803.77
0.29	8968 JP	FUKUOKA REIT CORP	B0B8154	1,146.66	5	5,733.30
0.25	BDN	BRANDYWINE REALTY TRUST	2518954	3.71	1,337	4,960.27
0.25	HPP	HUDSON PACIFIC P	B64B9P8	4.50	1,094	4,923.00
0.20	2777 HK	GUANGZHOU R&F -H	B19H8Y8	0.15	25,200	3,859.68
0.16	FSP	FRANKLIN STREET	B02T2D1	1.43	2,177	3,113.11
0.10	BROF11 BZ	BRPR CORPORATE OFFICES FI	BMFDJ44	13.32	144	1,918.56
0.00		SWEDISH KRONE		0.00	0	0.00

Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

	Sector	Weight (%)
	Real Estate	59.4
	Industrials	32.9
	Consumer Discretionary	6.5
	Information Technology	1.2

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/23

	Country	Weight (%)
	United States	31.0
	Japan	10.9
	Australia	8.4
	Ireland	8.3
	France	8.0
	Britain	7.2
	Finland	5.0
	Netherlands	4.4
	Singapore	3.8
	Switzerland	3.5
	Hong Kong	2.7
	Other/Cash	6.8

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/23

Return on Equity	6.60%
Weighted Avg. Market Cap	6,527 M
	2022	2023
Price-to-earnings	13.11	12.85
Price-to-book value	0.85	0.84

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus	Beta
S&P 500	0.88
NASDAQ-100	0.63
MSCI EAFE	1.04
MSCI Emg. Mkts	0.81
Standard Deviation	24.40%

Source: AltaVista Research, LLC

ETF Research

Introducing GRNR: The Case for Green Buildings

Inflation Reduction Act Could Provide Major Boost for Renewable Energy and CleanTech Industries

Latest Premium / Discount As of 05/26/23

NAV	$19.72
Market Price	$19.73
Premium / (Discount)	$0.01

Current View 2023 Q2 As of 05/26/23

Days at Premium	25
Days at NAV	0
Days at Discount	14
Greatest Premium	0.52%
Greatest Discount	-0.44%

Daily Premium / Discount History As of 05/26/23

Hover over the chart points for details

View Chart Explanation

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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 possible loss of principal. The investable universe in which GRNR invests may be limited. Real estate and REITs are subject to changes in economic conditions, credit risk and interest rate fluctuations. Social responsibility investment criteria limit the types of securities that can be included, which could cause the Fund to underperform other funds that do not have a social responsibility focus. International investments, including emerging markets, may involve risk of capital loss from unfavorable fluctuation in currency values, from the differences in generally accepted accounting principles or from social, economic or political instability in other nations. GRNR 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 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 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.

GRNR

Green Building ETF

Reasons to Consider GRNR

High Growth Potential

Sustainable Theme

Conscious Approach

Key Information As of 05/26/23

ETF Summary

ETF Objective

Trading Details As of 05/25/23

Distributions As of 05/26/23

ETF Prices As of 05/26/23

Performance History

Top Holdings As of 05/26/23

Sector Breakdown As of 04/30/23

Country Breakdown As of 04/30/23

ETF Characteristics As of 05/26/23

ETF Risk Stats As of 04/30/23

ETF Research

Introducing GRNR: The Case for Green Buildings

Inflation Reduction Act Could Provide Major Boost for Renewable Energy and CleanTech Industries

ETF Documents