ONOF


Adaptive U.S. Risk Management ETF

Fund Summary

The Global X Adaptive U.S. Risk Management ETF (ONOF) seeks to provide a risk management solution by employing four technical indicators to dictate whether the Fund is participating in the U.S. equity markets or in a defensive stance in short term treasuries.

Fund Objective

The Global X Adaptive U.S. Risk Management ETF (ONOF) 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. Risk Management Index.

Why ONOF?

Risk Management

ONOF is designed to maintain exposure to the equity markets when the trending environment is positive, and then move to a risk-off position when that trend reverses.

Four Signal Approach

ONOF incorporates moving average, convergence/ divergence (MACD), drawdown, and volatility as indicators to shift between equity and fixed income exposure – each receiving an equal vote in the strategy.

Lessen Downside Risk

The strategy seeks to mitigate the extent of drawdowns while remaining invested in equities as much as possible.

Fund Details As of 07/23/21

Key Facts

Ticker ONOF
Inception Date 01/12/21
CUSIP 37954Y194
ISIN US37954Y1947
Bloomberg Index Ticker AWSRSK
Primary Exchange NYSE Arca
Number of Holdings 510

Stats & Fees

Net Assets $85,299,531
Net Asset Value (NAV) $28.92
Shares Outstanding 2,950,000
Total Expense Ratio 0.39%

Distributions

30-Day SEC Yield 0.93%
Distribution Frequency Semi-Annually

Fund Prices As of 07/23/21

NAV $28.92 Daily Change $0.31 1.10%
Market Price $28.95 Daily Change $0.32 1.11%
30-Day Median Bid-Ask Spread 0.35%

Performance History

As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month 2.87% 2.91% 2.83%
3 Months 8.83% 8.78% 8.65%
Since Inception 12.98% 13.14% 12.53%
Year-to-Date -- -- --
1 Month 2.87% 2.91% 2.83%
3 Months 8.83% 8.78% 8.65%
Since Inception 12.98% 13.14% 12.53%

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 07/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.48 AAPL APPLE INC 2046251 148.56 37,443 5,562,532.08
5.60 MSFT MICROSOFT CORP 2588173 289.67 16,602 4,809,101.34
4.08 AMZN AMAZON.COM INC 2000019 3,656.64 959 3,506,717.76
2.30 FB FACEBOOK INC-CLASS A B7TL820 369.79 5,346 1,976,897.34
2.05 GOOGL ALPHABET INC-CL A BYVY8G0 2,660.30 662 1,761,118.60
2.03 GOOG ALPHABET INC-CL C BYY88Y7 2,756.32 632 1,741,994.24
1.29 TSLA TESLA INC B616C79 643.38 1,720 1,106,613.60
1.21 NVDA NVIDIA CORP 2379504 195.58 5,315 1,039,507.70
1.18 JPM JPMORGAN CHASE & CO 2190385 150.64 6,752 1,017,121.28
1.18 JNJ JOHNSON & JOHNSON 2475833 171.79 5,893 1,012,358.47
1.09 V VISA INC-CLASS A SHARES B2PZN04 249.02 3,767 938,058.34
1.02 UNH UNITEDHEALTH GROUP INC 2917766 417.70 2,092 873,828.40
0.94 PYPL PAYPAL HOLDINGS INC BYW36M8 308.53 2,626 810,199.78
0.94 BRK/B BERKSHIRE HATH-B 2073390 278.49 2,886 803,722.14
0.93 HD HOME DEPOT INC 2434209 332.84 2,401 799,148.84
0.90 PG PROCTER & GAMBLE CO/THE 2704407 139.79 5,506 769,683.74
0.89 MA MASTERCARD INC - A B121557 393.26 1,949 766,463.74
0.83 DIS WALT DISNEY CO/THE 2270726 176.14 4,064 715,832.96
0.78 ADBE ADOBE INC 2008154 625.87 1,067 667,803.29
0.75 BAC BANK OF AMERICA CORP 2295677 37.70 17,067 643,425.90
0.69 CMCSA COMCAST CORP-CLASS A 2044545 58.36 10,145 592,062.20
0.63 XOM EXXON MOBIL CORP 2326618 57.04 9,457 539,427.28
0.60 PFE PFIZER INC 2684703 41.68 12,452 518,999.36
0.60 CRM SALESFORCE.COM INC 2310525 248.25 2,065 512,695.43
0.58 VZ VERIZON COMMUNIC 2090571 55.88 8,883 496,382.04
0.57 NFLX NETFLIX INC 2857817 515.41 957 493,247.37
0.57 KO COCA-COLA CO/THE 2206657 57.01 8,638 492,452.38
0.57 INTC INTEL CORP 2463247 53.00 9,153 485,109.00
0.56 CSCO CISCO SYSTEMS INC 2198163 55.23 8,732 482,268.36
0.56 PEP PEPSICO INC 2681511 157.18 3,064 481,599.52
0.55 TMO THERMO FISHER 2886907 532.26 891 474,243.66
0.55 ABT ABBOTT LABORATORIES 2002305 120.80 3,908 472,086.40
0.54 ABBV ABBVIE INC B92SR70 118.19 3,933 464,841.27
0.54 NKE NIKE INC -CL B 2640147 166.36 2,767 460,318.12
0.53 LLY ELI LILLY & CO 2516152 244.15 1,876 458,025.40
0.53 WMT WALMART INC 2936921 142.43 3,213 457,627.59
0.53 ACN ACCENTURE PLC-CL A B4BNMY3 318.65 1,421 452,801.65
0.52 T AT&T INC 2831811 28.15 15,969 449,527.35
0.51 MRK MERCK & CO. INC. 2778844 77.54 5,628 436,395.12
0.50 AVGO BROADCOM INC BDZ78H9 483.15 891 430,486.65
0.49 DHR DANAHER CORP 2250870 291.27 1,438 418,846.26
0.48 CVX CHEVRON CORP 2838555 98.86 4,172 412,443.92
0.48 COST COSTCO WHOLESALE CORP 2701271 423.43 971 411,150.53
0.48 MCD MCDONALD'S CORP 2550707 242.96 1,688 410,116.48
0.47 WFC WELLS FARGO & CO 2649100 44.59 8,953 399,214.27
0.45 MDT MEDTRONIC PLC BTN1Y11 128.54 3,017 387,805.18
0.45 TXN TEXAS INSTRUMENTS INC 2885409 186.85 2,057 384,350.45
0.43 QCOM QUALCOMM INC 2714923 144.88 2,572 372,631.36
0.41 HON HONEYWELL INTL 2020459 229.32 1,532 351,318.24
0.40 LIN LINDE PLC BZ12WP8 298.81 1,156 345,424.36
0.40 PM PHILIP MORRIS IN B2PKRQ3 98.40 3,502 344,596.80
0.40 BMY BRISTOL-MYERS SQUIBB CO 2126335 68.34 5,034 344,023.56
0.40 NEE NEXTERA ENERGY INC 2328915 77.20 4,408 340,297.60
0.39 ORCL ORACLE CORP 2661568 87.69 3,855 338,044.95
0.39 UPS UNITED PARCEL-B 2517382 211.64 1,579 334,179.56
0.39 UNP UNION PACIFIC CORP 2914734 220.15 1,517 333,967.55
0.39 SBUX STARBUCKS CORP 2842255 125.97 2,626 330,797.22
0.38 LOW LOWE'S COS INC 2536763 200.84 1,626 326,565.84
0.37 AMGN AMGEN INC 2023607 247.72 1,282 317,577.04
0.37 INTU INTUIT INC 2459020 528.43 594 313,887.42
0.36 C CITIGROUP INC 2297907 66.71 4,658 310,735.18
0.36 MS MORGAN STANLEY 2262314 94.55 3,220 304,451.00
0.35 TGT TARGET CORP 2259101 261.03 1,141 297,835.23
0.34 RTX RAYTHEON TECHNOL BM5M5Y3 85.81 3,386 290,552.66
0.33 IBM IBM 2005973 141.34 2,017 285,082.78
0.33 BA BOEING CO/THE 2108601 221.52 1,277 282,881.04
0.33 AMAT APPLIED MATERIALS INC 2046552 138.43 2,032 281,289.76
0.33 AMT AMERICAN TOWER CORP B7FBFL2 285.26 985 280,981.10
0.33 GS GOLDMAN SACHS GROUP INC 2407966 374.05 751 280,911.55
0.31 BLK BLACKROCK INC 2494504 868.95 306 265,898.70
0.30 MMM 3M CO 2595708 200.49 1,282 257,028.18
0.30 MRNA MODERNA INC BGSXTS3 348.83 731 254,994.73
0.30 ISRG INTUITIVE SURGICAL INC 2871301 976.46 261 254,856.06
0.29 CAT CATERPILLAR INC 2180201 209.53 1,188 248,921.64
0.29 GE GENERAL ELECTRIC CO 2380498 12.71 19,508 247,946.68
0.28 CVS CVS HEALTH CORP 2577609 83.27 2,923 243,398.21
0.28 AMD ADVANCED MICRO DEVICES 2007849 92.15 2,641 243,368.15
0.28 NOW SERVICENOW INC B80NXX8 586.18 412 241,506.16
0.28 AXP AMERICAN EXPRESS CO 2026082 173.18 1,391 240,893.38
0.27 SPGI S&P GLOBAL INC BYV2325 418.50 547 228,919.50
0.26 SCHW SCHWAB (CHARLES) CORP 2779397 67.91 3,323 225,664.93
0.26 SQ SQUARE INC - A BYNZGK1 264.00 844 222,816.00
0.26 ZTS ZOETIS INC B95WG16 203.59 1,094 222,727.46
0.26 DE DEERE & CO 2261203 354.70 618 219,204.60
0.25 CHTR CHARTER COMMUN-A BZ6VT82 726.81 298 216,589.38
0.25 PLD PROLOGIS INC B44WZD7 127.89 1,688 215,878.32
0.24 ANTM ANTHEM INC BSPHGL4 382.29 547 209,112.63
0.24 LMT LOCKHEED MARTIN CORP 2522096 380.77 547 208,281.19
0.24 FIS FIDELITY NATIONA 2769796 148.83 1,391 207,022.53
0.24 MDLZ MONDELEZ INTER-A B8CKK03 64.89 3,130 203,105.70
0.23 MO ALTRIA GROUP INC 2692632 47.49 4,158 197,463.42
0.23 BKNG BOOKING HOLDINGS INC BDRXDB4 2,202.57 89 196,028.73
0.22 ADP AUTOMATIC DATA PROCESSING 2065308 206.08 935 192,684.80
0.22 LRCX LAM RESEARCH CORP 2502247 640.27 299 191,440.73
0.22 GILD GILEAD SCIENCES INC 2369174 69.02 2,767 190,978.34
0.22 MU MICRON TECHNOLOGY INC 2588184 75.94 2,470 187,571.80
0.22 SNAP SNAP INC - A BD8DJ71 77.97 2,391 186,426.27
0.22 SYK STRYKER CORP 2853688 262.67 705 185,182.35
0.21 TMUS T-MOBILE US INC B94Q9V0 144.00 1,275 183,600.00
0.21 CI CIGNA CORP BHJ0775 232.88 783 182,345.04
0.21 CCI CROWN CASTLE INTL CORP BTGQCX1 193.45 938 181,456.10
0.21 EQIX EQUINIX INC BVLZX12 833.48 213 177,531.24
0.21 DUK DUKE ENERGY CORP B7VD3F2 104.47 1,688 176,345.36
0.20 PNC PNC FINANCIAL SE 2692665 183.02 938 171,672.76
0.20 ZM ZOOM VIDEO COM-A BGSP7M9 359.23 475 170,634.25
0.20 CSX CSX CORP 2160753 32.81 5,198 170,546.38
0.20 CME CME GROUP INC 2965839 211.90 797 168,884.30
0.20 MMC MARSH & MCLENNAN COS 2567741 147.41 1,141 168,194.81
0.20 USB US BANCORP 2736035 55.72 3,017 168,107.24
0.20 MELI MERCADOLIBRE INC B23X1H3 1,613.81 104 167,836.24
0.19 EL ESTEE LAUDER 2320524 333.55 500 166,775.00
0.19 BX BLACKSTONE GROUP INC/THE BKF2SL7 111.30 1,485 165,280.50
0.19 TJX TJX COMPANIES INC 2989301 68.18 2,423 165,200.14
0.19 COP CONOCOPHILLIPS 2685717 55.34 2,976 164,691.84
0.19 TFC TRUIST FINANCIAL CORP BKP7287 54.46 2,995 163,107.70
0.19 FDX FEDEX CORP 2142784 297.07 547 162,497.29
0.19 CASH 1.00 162,330 162,330.10
0.19 BDX BECTON DICKINSON AND CO 2087807 251.08 641 160,942.28
0.19 ILMN ILLUMINA INC 2613990 495.51 322 159,554.22
0.19 ATVI ACTIVISION BLIZZARD INC 2575818 91.50 1,735 158,752.50
0.18 COF CAPITAL ONE FINA 2654461 160.08 985 157,678.80
0.18 NSC NORFOLK SOUTHERN CORP 2641894 265.32 594 157,600.08
0.18 SHW SHERWIN-WILLIAMS CO/THE 2804211 285.97 547 156,425.59
0.18 ADSK AUTODESK INC 2065159 312.65 500 156,325.00
0.18 CL COLGATE-PALMOLIVE CO 2209106 83.28 1,876 156,233.28
0.18 GM GENERAL MOTORS CO B665KZ5 54.94 2,810 154,381.40
0.18 EW EDWARDS LIFESCIENCES CORP 2567116 109.40 1,391 152,175.40
0.18 SO SOUTHERN CO/THE 2829601 63.86 2,376 151,731.36
0.17 CB CHUBB LTD B3BQMF6 166.90 891 148,707.90
0.17 HCA HCA HEALTHCARE INC B4MGBG6 248.46 594 147,585.24
0.17 REGN REGENERON PHARMACEUTICALS 2730190 586.35 250 146,587.50
0.17 ICE INTERCONTINENTAL BFSSDS9 121.36 1,203 145,996.08
0.17 APD AIR PRODS & CHEM 2011602 290.29 500 145,145.00
0.17 ITW ILLINOIS TOOL WORKS 2457552 226.39 641 145,115.99
0.17 BSX BOSTON SCIENTIFIC CORP 2113434 44.12 3,220 142,066.40
0.16 IDXX IDEXX LABORATORIES INC 2459202 693.74 203 140,829.22
0.16 D DOMINION ENERGY INC 2542049 75.32 1,861 140,170.52
0.16 HUM HUMANA INC 2445063 471.22 297 139,952.34
0.16 FISV FISERV INC 2342034 111.79 1,250 139,737.50
0.16 ETN EATON CORP PLC B8KQN82 156.73 891 139,646.43
0.16 TWLO TWILIO INC - A BD6P5Q0 409.84 338 138,525.92
0.16 ADI ANALOG DEVICES INC 2032067 163.55 844 138,036.20
0.16 SNOW SNOWFLAKE INC-CLASS A BN134B7 264.92 520 137,758.40
0.16 WM WASTE MANAGEMENT INC 2937667 146.39 938 137,313.82
0.15 MCO MOODY'S CORP 2252058 381.86 344 131,359.84
0.15 ECL ECOLAB INC 2304227 217.89 594 129,426.66
0.15 UBER UBER TECHNOLOGIES INC BK6N347 47.46 2,719 129,043.74
0.15 EMR EMERSON ELECTRIC CO 2313405 98.48 1,282 126,251.36
0.15 DG DOLLAR GENERAL CORP B5B1S13 228.90 547 125,208.30
0.15 TWTR TWITTER INC BFLR866 71.69 1,735 124,382.15
0.15 NOC NORTHROP GRUMMAN CORP 2648806 361.31 344 124,290.64
0.15 ROP ROPER TECHNOLOGIES INC 2749602 496.63 250 124,157.50
0.14 GPN GLOBAL PAYMENTS INC 2712013 193.03 641 123,732.23
0.14 AON AON PLC-CLASS A BLP1HW5 232.48 532 123,679.36
0.14 PGR PROGRESSIVE CORP 2705024 94.73 1,282 121,443.86
0.14 DOCU DOCUSIGN INC BFYT7B7 308.50 391 120,623.50
0.14 F FORD MOTOR CO 2615468 13.82 8,707 120,330.74
0.14 LULU LULULEMON ATHLETICA INC B23FN39 402.79 297 119,628.63
0.14 VRTX VERTEX PHARM 2931034 200.50 594 119,097.00
0.14 ROKU ROKU INC BZ1LFG7 473.65 250 118,412.50
0.14 MSCI MSCI INC B2972D2 578.95 203 117,526.85
0.13 ALGN ALIGN TECHNOLOGY INC 2679204 638.28 180 114,890.40
0.13 JCI JOHNSON CONTROLS BY7QL61 70.92 1,611 114,252.12
0.13 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 227.25 500 113,625.00
0.13 FCX FREEPORT-MCMORAN INC 2352118 35.19 3,220 113,311.80
0.13 BIIB BIOGEN INC 2455965 325.40 344 111,937.60
0.13 KLAC KLA CORP 2480138 320.76 344 110,341.44
0.13 TT TRANE TECHNOLOGIES PLC BK9ZQ96 201.45 547 110,193.15
0.13 CMG CHIPOTLE MEXICAN B0X7DZ3 1,830.92 60 109,855.20
0.13 EBAY EBAY INC 2293819 73.54 1,485 109,206.90
0.13 KMB KIMBERLY-CLARK CORP 2491839 135.66 797 108,121.02
0.13 PSA PUBLIC STORAGE 2852533 313.80 344 107,947.20
0.13 NEM NEWMONT CORP 2636607 60.11 1,782 107,116.02
0.12 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 620.92 171 106,177.32
0.12 CRWD CROWDSTRIKE HO-A BJJP138 268.96 391 105,163.36
0.12 GD GENERAL DYNAMICS CORP 2365161 191.86 547 104,947.42
0.12 TROW T ROWE PRICE GROUP INC 2702337 207.35 500 103,675.00
0.12 CARR CARRIER GLOBAL CORP BK4N0D7 51.90 1,985 103,021.50
0.12 A AGILENT TECHNOLOGIES INC 2520153 152.31 673 102,504.63
0.12 MRVL MARVELL TECHNOLOGY INC BNKJSM5 58.92 1,726 101,695.92
0.12 DOW DOW INC BHXCF84 60.11 1,688 101,465.68
0.12 EXC EXELON CORP 2670519 46.52 2,173 101,087.96
0.12 DXCM DEXCOM INC B0796X4 460.72 216 99,515.52
0.12 VEEV VEEVA SYSTEMS INC-CLASS A BFH3N85 333.06 297 98,918.82
0.11 AEP AMERICAN ELECTRIC POWER 2026242 85.98 1,141 98,103.18
0.11 SNPS SYNOPSYS INC 2867719 285.07 344 98,064.08
0.11 INFO IHS MARKIT LTD BD0Q558 115.44 844 97,431.36
0.11 IQV IQVIA HOLDINGS INC BDR73G1 249.08 391 97,390.28
0.11 ROST ROSS STORES INC 2746711 121.68 797 96,978.96
0.11 TEL TE CONNECTIVITY LTD B62B7C3 138.35 688 95,184.80
0.11 DLR DIGITAL REALTY TRUST INC B03GQS4 154.86 609 94,309.74
0.11 WDAY WORKDAY INC-CLASS A B8K6ZD1 240.40 391 93,996.40
0.11 APTV APTIV PLC B783TY6 157.39 594 93,489.66
0.11 EOG EOG RESOURCES INC 2318024 72.51 1,282 92,957.82
0.11 EA ELECTRONIC ARTS INC 2310194 144.99 641 92,938.59
0.11 BAX BAXTER INTERNATIONAL INC 2085102 81.14 1,141 92,580.74
0.11 PH PARKER HANNIFIN CORP 2671501 306.68 297 91,083.96
0.11 APH AMPHENOL CORP-CL A 2145084 71.00 1,282 91,022.00
0.11 BK BANK NY MELLON B1Z77F6 49.63 1,829 90,773.27
0.11 MTCH MATCH GROUP INC BK80XH9 165.86 547 90,725.42
0.11 CNC CENTENE CORP 2807061 73.46 1,235 90,723.10
0.10 MET METLIFE INC 2573209 57.63 1,557 89,729.91
0.10 PPG PPG INDUSTRIES INC 2698470 162.92 547 89,117.24
0.10 AIG AMERICAN INTERNA 2027342 47.31 1,876 88,753.56
0.10 PRU PRUDENTIAL FINANCIAL INC 2819118 99.50 891 88,654.50
0.10 PANW PALO ALTO NETWORKS INC B87ZMX0 401.62 219 87,954.78
0.10 SLB SCHLUMBERGER LTD 2779201 28.41 3,090 87,786.90
0.10 DD DUPONT DE NEMOURS INC BK0VN47 74.22 1,166 86,540.52
0.10 CDNS CADENCE DESIGN SYS INC 2302232 145.67 594 86,527.98
0.10 TRV TRAVELERS COS INC/THE 2769503 147.87 572 84,581.64
0.10 SBAC SBA COMMUNICATIONS CORP BZ6TS23 337.04 250 84,260.00
0.10 SRE SEMPRA ENERGY 2138158 130.72 641 83,791.52
0.10 HPQ HP INC BYX4D52 28.20 2,961 83,500.20
0.10 ALL ALLSTATE CORP 2019952 129.74 641 83,163.34
0.10 OTIS OTIS WORLDWIDE CORP BK531S8 88.52 938 83,031.76
0.10 PINS PINTEREST INC- CLASS A BJ2Z0H2 76.91 1,077 82,832.07
0.10 GIS GENERAL MILLS INC 2367026 59.40 1,391 82,625.40
0.10 WELL WELLTOWER INC BYVYHH4 87.76 938 82,318.88
0.10 CTSH COGNIZANT TECH-A 2257019 69.29 1,188 82,316.52
0.10 FTNT FORTINET INC B5B2106 275.71 297 81,885.87
0.10 SPG SIMON PROPERTY GROUP INC 2812452 124.15 656 81,442.40
0.10 MNST MONSTER BEVERAGE CORP BZ07BW4 96.29 844 81,268.76
0.09 IFF INTL FLAVORS & FRAGRANCES 2464165 148.33 547 81,136.51
0.09 XEL XCEL ENERGY INC 2614807 68.27 1,188 81,104.76
0.09 TEAM ATLASSIAN CORP-A BZ09BD1 271.29 297 80,573.13
0.09 CTAS CINTAS CORP 2197137 395.34 203 80,254.02
0.09 ZBH ZIMMER BIOMET HO 2783815 159.97 500 79,985.00
0.09 SYY SYSCO CORP 2868165 72.87 1,094 79,719.78
0.09 DFS DISCOVER FINANCI B1YLC43 123.01 641 78,849.41
0.09 YUM YUM! BRANDS INC 2098876 122.79 641 78,708.39
0.09 AFL AFLAC INC 2026361 53.37 1,470 78,453.90
0.09 MCHP MICROCHIP TECHNOLOGY INC 2592174 139.22 562 78,241.64
0.09 MAR MARRIOTT INTL-A 2210614 139.18 562 78,219.16
0.09 STZ CONSTELLATION-A 2170473 224.58 344 77,255.52
0.09 PAYX PAYCHEX INC 2674458 112.25 688 77,228.00
0.09 RMD RESMED INC 2732903 259.83 297 77,169.51
0.09 MPC MARATHON PETROLEUM CORP B3K3L40 53.43 1,438 76,832.34
0.09 AZO AUTOZONE INC 2065955 1,632.13 47 76,710.11
0.09 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 221.70 344 76,264.80
0.09 KMI KINDER MORGAN INC B3NQ4P8 17.37 4,361 75,750.57
0.09 XLNX XILINX INC 2985677 137.86 547 75,409.42
0.09 AME AMETEK INC 2089212 137.83 547 75,393.01
0.09 EFX EQUIFAX INC 2319146 253.07 297 75,161.79
0.09 ROK ROCKWELL AUTOMATION INC 2754060 299.25 250 74,812.50
0.09 DHI DR HORTON INC 2250687 93.55 797 74,559.35
0.09 HLT HILTON WORLDWIDE BYVMW06 125.26 594 74,404.44
0.09 ANSS ANSYS INC 2045623 365.40 203 74,176.20
0.09 WBA WALGREENS BOOTS BTN1Y44 46.53 1,579 73,470.87
0.09 PLTR PALANTIR TECHN-A BN78DQ4 21.81 3,362 73,325.22
0.09 CPRT COPART INC 2208073 146.64 500 73,320.00
0.09 KKR KKR & CO INC BG1FRR1 61.42 1,188 72,966.96
0.08 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 243.64 297 72,361.08
0.08 ADM ARCHER-DANIELS-MIDLAND CO 2047317 58.01 1,235 71,642.35
0.08 EQR EQUITY RESIDENTIAL 2319157 84.82 844 71,588.08
0.08 CTVA CORTEVA INC BK73B42 42.13 1,688 71,115.44
0.08 LH LABORATORY CP 2586122 283.77 250 70,942.50
0.08 CMI CUMMINS INC 2240202 237.44 297 70,519.68
0.08 SWK STANLEY BLACK & B3Q2FJ4 204.19 344 70,241.36
0.08 AMP AMERIPRISE FINANCIAL INC B0J7D57 248.89 282 70,186.98
0.08 PEG PUB SERV ENTERP 2707677 61.22 1,141 69,852.02
0.08 PCAR PACCAR INC 2665861 87.58 797 69,801.26
0.08 GLW CORNING INC 2224701 41.22 1,692 69,744.24
0.08 MCK MCKESSON CORP 2378534 202.63 344 69,704.72
0.08 FAST FASTENAL CO 2332262 54.36 1,282 69,689.52
0.08 MTD METTLER-TOLEDO 2126249 1,477.14 47 69,425.58
0.08 CVNA CARVANA CO BYQHPG3 338.92 203 68,800.76
0.08 ES EVERSOURCE ENERGY BVVN4Q8 86.22 797 68,717.34
0.08 PXD PIONEER NATURAL 2690830 141.95 484 68,703.80
0.08 WMB WILLIAMS COS INC 2967181 25.15 2,720 68,408.00
0.08 OKTA OKTA INC BDFZSP1 257.91 265 68,346.15
0.08 KSU KANSAS CITY SOUTHERN 2607647 271.40 250 67,850.00
0.08 FRC FIRST REPUBLIC BANK/CA B4WHY15 196.93 344 67,743.92
0.08 PSX PHILLIPS 66 B78C4Y8 72.17 938 67,695.46
0.08 AVB AVALONBAY COMMUNITIES INC 2131179 226.80 297 67,359.60
0.08 WLTW WILLIS TOWERS WATSON PLC BDB6Q21 226.41 297 67,243.77
0.08 SIVB SVB FINANCIAL GROUP 2808053 570.87 117 66,791.79
0.08 CSGP COSTAR GROUP INC 2262864 89.97 741 66,667.77
0.08 SWKS SKYWORKS SOLUTIONS INC 2961053 192.66 344 66,275.04
0.08 TTD TRADE DESK INC-A BD8FDD1 81.15 811 65,812.65
0.08 URI UNITED RENTALS INC 2134781 324.06 203 65,784.18
0.08 AWK AMERICAN WATER W B2R3PV1 167.27 391 65,402.57
0.08 ODFL OLD DOMINION FREIGHT LINE 2656423 261.08 250 65,270.00
0.08 KR KROGER CO 2497406 39.89 1,630 65,020.70
0.08 LUV SOUTHWEST AIRLINES CO 2831543 50.70 1,282 64,997.40
0.08 VRSK VERISK ANALYTICS INC B4P9W92 188.39 344 64,806.16
0.08 WEC WEC ENERGY GROUP INC BYY8XK8 94.03 688 64,692.64
0.08 STT STATE STREET CORP 2842040 85.35 754 64,353.90
0.07 WST WEST PHARMACEUT 2950482 381.07 166 63,257.62
0.07 EPAM EPAM SYSTEMS INC B44Z3T8 557.36 113 62,981.68
0.07 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 121.55 515 62,598.25
0.07 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 159.70 391 62,442.70
0.07 BBY BEST BUY CO INC 2094670 113.28 547 61,964.16
0.07 HSY HERSHEY CO/THE 2422806 179.26 344 61,665.44
0.07 LEN LENNAR CORP-A 2511920 102.86 594 61,098.84
0.07 TDG TRANSDIGM GROUP INC B11FJK3 647.64 94 60,878.16
0.07 NUE NUCOR CORP 2651086 94.33 641 60,465.53
0.07 CBRE CBRE GROUP INC - A B6WVMH3 87.73 688 60,358.24
0.07 ED CONSOLIDATED EDISON INC 2216850 74.18 797 59,121.46
0.07 MXIM MAXIM INTEGRATED PRODUCTS 2573760 99.28 594 58,972.32
0.07 YUMC YUM CHINA HOLDINGS INC BYW4289 66.16 891 58,948.56
0.07 LBRDK LIBERTY BROADBAND-C BRTLC06 177.10 332 58,797.20
0.07 ARE ALEXANDRIA REAL 2009210 196.94 297 58,491.18
0.07 WY WEYERHAEUSER CO 2958936 34.58 1,688 58,371.04
0.07 CPNG COUPANG INC BNYHDF3 38.61 1,511 58,339.71
0.07 DAL DELTA AIR LINES INC B1W9D46 40.41 1,438 58,109.58
0.07 RSG REPUBLIC SERVICES INC 2262530 116.18 500 58,090.00
0.07 SYF SYNCHRONY FINANCIAL BP96PS6 46.51 1,235 57,439.85
0.07 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 96.59 594 57,374.46
0.07 VFC VF CORP 2928683 83.08 688 57,159.04
0.07 VLO VALERO ENERGY CORP 2041364 63.71 891 56,765.61
0.07 FITB FIFTH THIRD BANCORP 2336747 35.78 1,579 56,496.62
0.07 KHC KRAFT HEINZ CO/THE BYRY499 39.22 1,438 56,398.36
0.07 O REALTY INCOME CORP 2724193 70.48 797 56,172.56
0.07 RNG RINGCENTRAL INC-CLASS A BDZCRX3 276.55 203 56,139.65
0.07 AJG ARTHUR J GALLAGHER & CO 2359506 143.05 391 55,932.55
0.07 VRSN VERISIGN INC 2142922 222.54 250 55,635.00
0.06 ETSY ETSY INC BWTN5N1 208.86 265 55,347.90
0.06 BLL BALL CORP 2073022 80.00 688 55,040.00
0.06 CLX CLOROX COMPANY 2204026 184.77 297 54,876.69
0.06 DLTR DOLLAR TREE INC 2272476 100.15 547 54,782.05
0.06 KDP KEURIG DR PEPPER INC BD3W133 36.07 1,507 54,357.49
0.06 CDW CDW CORP/DE BBM5MD6 180.95 297 53,742.15
0.06 CERN CERNER CORP 2185284 78.41 681 53,397.21
0.06 OXY OCCIDENTAL PETROLEUM CORP 2655408 26.58 1,996 53,053.68
0.06 VMC VULCAN MATERIALS CO 2931205 178.14 297 52,907.58
0.06 IT GARTNER INC 2372763 260.61 203 52,903.83
0.06 DELL DELL TECHNOLOGIES -C BHKD3S6 96.55 547 52,812.85
0.06 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 257.08 203 52,187.24
0.06 OKE ONEOK INC 2130109 52.95 985 52,155.75
0.06 IP INTERNATIONAL PAPER CO 2465254 58.08 891 51,749.28
0.06 ZBRA ZEBRA TECH CORP 2989356 548.61 94 51,569.34
0.06 NET CLOUDFLARE INC - CLASS A BJXC5M2 117.24 439 51,468.36
0.06 ETR ENTERGY CORP 2317087 102.74 500 51,370.00
0.06 EXR EXTRA SPACE STORAGE INC B02HWR9 171.41 297 50,908.77
0.06 HZNP HORIZON THERAPEUTICS PLC BQPVQZ6 101.05 500 50,525.00
0.06 VTR VENTAS INC 2927925 59.85 844 50,513.40
0.06 GNRC GENERAC HOLDINGS INC B6197Q2 449.64 112 50,359.68
0.06 INVH INVITATION HOMES INC BD81GW9 40.52 1,235 50,042.20
0.06 PPL PPL CORP 2680905 28.26 1,735 49,031.10
0.06 HIG HARTFORD FINL SV 2476193 61.40 797 48,935.80
0.06 W WAYFAIR INC- CLASS A BQXZP64 285.51 171 48,822.21
0.06 DOV DOVER CORP 2278407 164.29 297 48,794.13
0.06 SPLK SPLUNK INC B424494 141.75 344 48,762.00
0.06 VIAC VIACOMCBS INC - CLASS B BKTNTR9 40.99 1,188 48,696.12
0.06 ZS ZSCALER INC BZ00V34 238.72 203 48,460.16
0.06 QRVO QORVO INC BR9YYP4 193.09 250 48,272.50
0.06 XYL XYLEM INC B3P2CN8 123.26 391 48,194.66
0.06 GRMN GARMIN LTD B3Z5T14 154.13 312 48,088.56
0.06 EXPE EXPEDIA GROUP INC B748CK2 161.55 297 47,980.35
0.06 FTV FORTIVE CORP BYT3MK1 69.31 688 47,685.28
0.06 HES HESS CORP 2023748 74.37 641 47,671.17
0.06 EIX EDISON INTERNATIONAL 2829515 56.23 844 47,458.12
0.06 CHD CHURCH & DWIGHT CO INC 2195841 86.48 547 47,304.56
0.06 SUI SUN COMMUNITIES INC 2860257 188.20 250 47,050.00
0.06 NDAQ NASDAQ INC 2965107 187.76 250 46,940.00
0.06 TSCO TRACTOR SUPPLY COMPANY 2900335 187.70 250 46,925.00
0.06 MAA MID-AMERICA APAR 2589132 187.60 250 46,900.00
0.06 MKC MCCORMICK-N/V 2550161 85.72 547 46,888.84
0.05 ALB ALBEMARLE CORP 2046853 190.35 245 46,635.75
0.05 HUBS HUBSPOT INC BR4T3B3 580.34 80 46,427.20
0.05 KMX CARMAX INC 2983563 134.84 344 46,384.96
0.05 COO COOPER COS INC/THE 2222631 410.04 113 46,334.52
0.05 IEX IDEX CORP 2456612 227.80 203 46,243.40
0.05 BF/B BROWN-FORMAN CORP-CLASS B 2146838 72.02 641 46,164.82
0.05 LNG CHENIERE ENERGY INC 2654364 83.89 547 45,887.83
0.05 COUP COUPA SOFTWARE INC BD87XR1 225.33 203 45,741.99
0.05 TRMB TRIMBLE INC 2903958 83.45 548 45,730.60
0.05 TSN TYSON FOODS INC-CL A 2909730 71.32 641 45,716.12
0.05 FE FIRSTENERGY CORP 2100920 38.47 1,188 45,702.36
0.05 AEE AMEREN CORPORATION 2050832 83.39 547 45,614.33
0.05 ALNY ALNYLAM PHARMACE B00FWN1 182.41 250 45,602.50
0.05 DTE DTE ENERGY COMPANY 2280220 116.36 391 45,496.76
0.05 ENPH ENPHASE ENERGY INC B65SQW4 178.18 255 45,435.90
0.05 TRU TRANSUNION BYMWL86 115.74 391 45,254.34
0.05 TDOC TELADOC HEALTH INC BYQRFY1 151.59 297 45,022.23
0.05 EXPD EXPEDITORS INTL WASH INC 2325507 130.36 344 44,843.84
0.05 PAYC PAYCOM SOFTWARE INC BL95MY0 395.90 113 44,736.70
0.05 DDOG DATADOG INC - CLASS A BKT9Y49 111.23 402 44,714.46
0.05 TER TERADYNE INC 2884183 128.80 344 44,307.20
0.05 NTRS NORTHERN TRUST CORP 2648668 111.49 391 43,592.59
0.05 WAT WATERS CORP 2937689 384.70 113 43,471.10
0.05 TTWO TAKE-TWO INTERAC 2122117 173.29 250 43,322.50
0.05 DRE DUKE REALTY CORP 2284084 51.30 844 43,297.20
0.05 SGEN SEAGEN INC BLPK4D2 145.60 297 43,243.20
0.05 STE STERIS PLC BFY8C75 212.47 203 43,131.41
0.05 BR BROADRIDGE FINL B1VP7R6 172.49 250 43,122.50
0.05 GWW WW GRAINGER INC 2380863 458.66 94 43,114.04
0.05 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 36.27 1,188 43,088.76
0.05 ANET ARISTA NETWORKS INC BN33VM5 380.98 113 43,050.74
0.05 HOLX HOLOGIC INC 2433530 72.30 594 42,946.20
0.05 DRI DARDEN RESTAURANTS INC 2289874 144.52 297 42,922.44
0.05 STX SEAGATE TECHNOLO BKVD2N4 85.48 500 42,740.00
0.05 ABC AMERISOURCEBERGEN CORP 2795393 121.31 344 41,730.64
0.05 KEY KEYCORP 2490911 19.10 2,173 41,504.30
0.05 DGX QUEST DIAGNOSTICS INC 2702791 139.43 297 41,410.71
0.05 AKAM AKAMAI TECHNOLOGIES INC 2507457 119.54 344 41,121.76
0.05 PKI PERKINELMER INC 2305844 164.34 250 41,085.00
0.05 IR INGERSOLL-RAND INC BL5GZ82 48.61 844 41,026.84
0.05 CFG CITIZENS FINANCIAL GROUP BQRX1X3 43.63 938 40,924.94
0.05 WDC WESTERN DIGITAL CORP 2954699 63.75 641 40,863.75
0.05 MDB MONGODB INC BF2FJ99 361.54 113 40,854.02
0.05 HPE HEWLETT PACKA BYVYWS0 14.10 2,891 40,763.10
0.05 RF REGIONS FINANCIAL CORP B01R311 19.10 2,126 40,606.60
0.05 EXAS EXACT SCIENCES CORP 2719951 117.95 344 40,574.80
0.05 MLM MARTIN MARIETTA MATERIALS 2572079 356.23 113 40,253.99
0.05 CTLT CATALENT INC BP96PQ4 116.26 344 39,993.44
0.05 ELAN ELANCO ANIMAL HEALTH INC BF5L3T2 36.50 1,094 39,931.00
0.05 CMS CMS ENERGY CORP 2219224 62.08 641 39,793.28
0.05 J JACOBS ENGIN GRP 2469052 133.90 297 39,768.30
0.05 SSNC SS&C TECHNOLOGIE B58YSC6 75.70 525 39,742.50
0.05 AMCR AMCOR PLC BJ1F307 11.30 3,517 39,742.10
0.05 CINF CINCINNATI FINANCIAL CORP 2196888 115.24 344 39,642.56
0.05 NTAP NETAPP INC 2630643 77.72 500 38,860.00
0.05 LVS LAS VEGAS SANDS CORP B02T2J7 45.77 844 38,629.88
0.05 MTB M & T BANK CORP 2340168 129.33 297 38,411.01
0.05 GPC GENUINE PARTS CO 2367480 129.09 297 38,339.73
0.04 CE CELANESE CORP B05MZT4 152.81 250 38,202.50
0.04 RJF RAYMOND JAMES 2718992 128.50 297 38,164.50
0.04 CAH CARDINAL HEALTH INC 2175672 59.20 641 37,947.20
0.04 K KELLOGG CO 2486813 63.43 594 37,677.42
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 331.91 113 37,505.83
0.04 CAG CONAGRA BRANDS INC 2215460 34.25 1,094 37,469.50
0.04 TFX TELEFLEX INC 2881407 397.91 94 37,403.54
0.04 BURL BURLINGTON STORES INC BF311Y5 329.97 113 37,286.61
0.04 VTRS VIATRIS INC BMWS3X9 13.92 2,664 37,082.88
0.04 PFG PRINCIPAL FINANCIAL GROUP 2803014 62.19 594 36,940.86
0.04 MKL MARKEL CORP 2566436 1,229.33 30 36,879.90
0.04 HAL HALLIBURTON CO 2405302 20.11 1,829 36,781.19
0.04 CZR CAESARS ENTERTAINMENT INC BMWWGB0 90.31 403 36,394.93
0.04 DPZ DOMINO'S PIZZA INC B01SD70 525.45 69 36,256.05
0.04 OMC OMNICOM GROUP 2279303 72.30 500 36,150.00
0.04 TYL TYLER TECHNOLOGIES INC 2909644 497.85 72 35,845.20
0.04 EVRG EVERGY INC BFMXGR0 65.08 547 35,598.76
0.04 MAS MASCO CORP 2570200 59.78 594 35,509.32
0.04 AES AES CORP 2002479 23.90 1,485 35,491.50
0.04 TDY TELEDYNE TECHNOLOGIES INC 2503477 445.66 79 35,207.14
0.04 Z ZILLOW GROUP INC - C BYXJF62 111.64 312 34,831.68
0.04 DASH DOORDASH INC - A BN13P03 188.60 184 34,702.40
0.04 ACGL ARCH CAPITAL GROUP LTD 2740542 38.53 891 34,330.23
0.04 CTXS CITRIX SYSTEMS INC 2182553 114.93 297 34,134.21
0.04 BXP BOSTON PROPERTIES INC 2019479 114.90 297 34,125.30
0.04 JBHT HUNT (JB) TRANS 2445416 167.25 203 33,951.75
0.04 RCL ROYAL CARIBBEAN 2754907 77.72 434 33,730.48
0.04 MGM MGM RESORTS INTERNATIONAL 2547419 38.76 865 33,527.40
0.04 PKG PACKAGING CORP OF AMERICA 2504566 133.63 250 33,407.50
0.04 CCL CARNIVAL CORP 2523044 21.96 1,494 32,808.24
0.04 EMN EASTMAN CHEMICAL CO 2298386 110.05 297 32,684.85
0.04 SJM JM SMUCKER CO/THE 2951452 130.50 250 32,625.00
0.04 VMW VMWARE INC-CLASS A B23SN61 158.34 203 32,143.02
0.04 ULTA ULTA BEAUTY INC B28TS42 341.58 94 32,108.52
0.04 BIO BIO-RAD LABORATORIES-A 2098508 682.92 47 32,097.24
0.04 LNT ALLIANT ENERGY CORP 2973821 58.61 547 32,059.67
0.04 WAB WABTEC CORP 2955733 81.81 391 31,987.71
0.04 XRAY DENTSPLY SIRONA INC BYNPPC6 63.59 500 31,795.00
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 106.42 297 31,606.74
0.04 FMC FMC CORP 2328603 106.35 297 31,585.95
0.04 HBAN HUNTINGTON BANCSHARES INC 2445966 13.82 2,282 31,537.24
0.04 TXG 10X GENOMICS INC-CLASS A BKS3RS7 183.47 171 31,373.37
0.04 PODD INSULET CORP B1XGNW4 276.55 113 31,250.15
0.04 MASI MASIMO CORP B1YWR63 274.54 113 31,023.02
0.04 INCY INCYTE CORP 2471950 79.30 391 31,006.30
0.04 NVR NVR INC 2637785 5,130.03 6 30,780.18
0.04 U UNITY SOFTWARE INC BLFDXH8 105.50 291 30,700.50
0.04 UAL UNITED AIRLINES B4QG225 47.53 641 30,466.73
0.04 PCG P G & E CORP 2689560 9.22 3,297 30,398.34
0.04 HRL HORMEL FOODS CORP 2437264 47.34 641 30,344.94
0.04 LYFT LYFT INC-A BJT1RW7 54.90 550 30,195.00
0.04 BMRN BIOMARIN PHARMAC 2437071 77.04 391 30,122.64
0.04 DKNG DRAFTKINGS INC - CL A BMYML02 49.33 609 30,041.97
0.04 BRO BROWN & BROWN INC 2692687 54.35 547 29,729.45
0.04 APO APOLLO GLOBAL MA BKRLVD5 59.44 500 29,720.00
0.04 GDDY GODADDY INC - CLASS A BWFRFC6 86.13 344 29,628.72
0.03 L LOEWS CORP 2523022 53.57 547 29,302.79
0.03 BKR BAKER HUGHES CO BDHLTQ5 20.21 1,438 29,061.98
0.03 IAC IAC/INTERACTIVECORP BNDYF48 140.80 203 28,582.40
0.03 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 475.19 58 27,561.02
0.03 HAS HASBRO INC 2414580 92.41 297 27,445.77
0.03 FOXA FOX CORP - CLASS A BJJMGL2 36.19 754 27,287.26
0.03 HEI/A HEICO CORP-CLASS A 2237561 124.13 203 25,198.39
0.03 RPRX ROYALTY PHARMA PLC- CL A BMVP7Y0 40.33 619 24,964.27
0.03 ATUS ALTICE USA INC- A BDRY7P9 34.47 720 24,818.40
0.03 ABNB AIRBNB INC-CLASS A BMGYYH4 138.73 172 23,861.56
0.03 SEDG SOLAREDGE TECHNO BWC52Q6 248.63 94 23,371.22
0.03 LYV LIVE NATION ENTE B0T7YX2 77.71 297 23,079.87
0.03 DISH DISH NETWORK CORP-A 2303581 41.68 547 22,798.96
0.03 CPB CAMPBELL SOUP CO 2162845 44.57 500 22,285.00
0.02 ROL ROLLINS INC 2747305 37.90 500 18,950.00
0.02 BEN FRANKLIN RESOURCES INC 2350684 29.30 641 18,781.30
0.02 DISCK DISCOVERY INC-C B3D7KG4 26.83 688 18,459.04
0.02 TW TRADEWEB MARKE-A BJXMVK2 87.82 203 17,827.46
0.02 CHWY CHEWY INC - CLASS A BJLFHW7 86.74 203 17,608.22
0.02 OGN ORGANON & CO BLDC8J4 29.80 523 15,585.40
0.02 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.43 2,382 15,316.26
0.02 VMEO VIMEO INC BNDYF15 44.17 308 13,604.36
0.02 SCCO SOUTHERN COPPER CORP 2823777 63.08 203 12,805.24
0.02 HEI HEICO CORP 2419217 135.99 94 12,783.06
0.01 IBKR INTERACTIVE BROK B1WT4X2 60.83 203 12,348.49
0.01 FOX FOX CORP - CLASS B BJJMGY5 34.01 344 11,699.44
0.01 ZI ZOOMINFO TECH-A BMWF095 53.84 203 10,929.52
0.01 ZG ZILLOW GROUP INC - A BVYJBR3 113.28 94 10,648.32
0.01 DISCA DISCOVERY INC - A B3D7K31 28.47 344 9,793.68
0.01 LBRDA LIBERTY BROADBAND-A BRTLBY3 171.18 47 8,045.46
0.01 DTM DT MIDSTREAM INC BN7L880 40.85 192 7,843.20
0.01 WMG WARNER MUSIC-A BLGJ610 37.71 203 7,655.13
0.01 AGR AVANGRID INC BYP0CD9 51.80 113 5,853.40
0.01 RKT ROCKET COS INC-CLASS A BMD6Y84 17.34 250 4,335.00
0.01 LEN/B LENNAR CORP - B SHS 2578293 84.25 47 3,959.75
0.00 BF/A BROWN-FORMAN CORP-CLASS A 2146816 67.85 47 3,188.95
0.00 UI UBIQUITI INC BK9Z6V8 311.02 5 1,555.10
0.00 BPYU BROOKFIELD PRO-A BGHFKV0 18.68 50 934.00
0.00 VIACA VIACOMCBS INC - CLASS A BKTNTP7 44.76 7 313.32
Holdings are subject to change.


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.

The Fund is based on the “modern portfolio theory” approach to asset allocation, which is a framework for determining the allocation of a portfolio with the goal of achieving an intended investment outcome based on a given level of risk. This framework relies heavily on the anticipated volatilities, investment returns and correlations of particular asset classes or securities. There is no guarantee that the Underlying Index will outperform any alternative strategy that might be employed in respect of the component assets or that past volatilities and correlations of particular asset classes or securities will be indicative of future results. ONOF 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.

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.