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 04/15/21

Key Facts

Ticker ONOF
Inception Date 01/12/21
CUSIP 37954Y194
ISIN US37954Y1947
Bloomberg Index Ticker AWSRSK
Primary Exchange NYSE Arca
Number of Holdings 508

Stats & Fees

Net Assets $65,987,257
Net Asset Value (NAV) $27.27
Shares Outstanding 2,420,000
Total Expense Ratio 0.39%

Distributions

30-Day SEC Yield 1.03%
Distribution Frequency Semi-Annually

Fund Prices As of 04/15/21

NAV $27.27 Daily Change $0.32 1.20%
Market Price $27.27 Daily Change $0.32 1.19%
30-Day Median Bid-Ask Spread 0.23%

Performance History

As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month 3.64% 3.80% 3.53%
3 Months -- -- --
Since Inception 3.81% 4.01% 3.58%
Year-to-Date -- -- --
1 Month 3.64% 3.80% 3.53%
3 Months -- -- --
Since Inception 3.81% 4.01% 3.58%

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 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.21 AAPL APPLE INC 2046251 134.16 30,623 4,108,381.68
5.35 MSFT MICROSOFT CORP 2588173 260.74 13,580 3,540,849.20
3.99 AMZN AMAZON.COM INC 2000019 3,399.44 776 2,637,965.44
2.02 FB FACEBOOK INC-CLASS A B7TL820 306.18 4,356 1,333,720.08
1.85 GOOGL ALPHABET INC-CL A BYVY8G0 2,282.75 537 1,225,836.75
1.81 GOOG ALPHABET INC-CL C BYY88Y7 2,297.76 522 1,199,430.72
1.55 TSLA TESLA INC B616C79 739.78 1,390 1,028,294.20
1.27 JPM JPMORGAN CHASE & CO 2190385 153.30 5,487 841,157.10
1.18 JNJ JOHNSON & JOHNSON 2475833 162.24 4,793 777,616.32
1.04 V VISA INC-CLASS A SHARES B2PZN04 226.41 3,052 691,003.32
1.03 UNH UNITEDHEALTH GROUP INC 2917766 391.01 1,741 680,748.41
1.02 NVDA NVIDIA CORP 2379504 636.50 1,062 675,963.00
0.99 BRK/B BERKSHIRE HATH-B 2073390 272.11 2,415 657,145.65
0.97 HD HOME DEPOT INC 2434209 328.08 1,961 643,364.88
0.93 PG PROCTER & GAMBLE CO/THE 2704407 137.25 4,504 618,174.00
0.93 MA MASTERCARD INC - A B121557 386.17 1,600 617,872.00
0.93 DIS WALT DISNEY CO/THE 2270726 187.26 3,294 616,834.44
0.87 PYPL PAYPAL HOLDINGS INC BYW36M8 269.87 2,131 575,092.97
0.82 BAC BANK OF AMERICA CORP 2295677 39.15 13,920 544,968.00
0.73 INTC INTEL CORP 2463247 64.75 7,448 482,258.00
0.69 ADBE ADOBE INC 2008154 525.08 874 458,919.92
0.69 CMCSA COMCAST CORP-CLASS A 2044545 55.11 8,275 456,035.25
0.67 VZ VERIZON COMMUNIC 2090571 58.28 7,549 439,955.72
0.66 XOM EXXON MOBIL CORP 2326618 56.66 7,697 436,112.02
0.64 NFLX NETFLIX INC 2857817 546.54 773 422,475.42
0.60 ABT ABBOTT LABORATORIES 2002305 124.35 3,193 397,049.55
0.59 PFE PFIZER INC 2684703 38.57 10,142 391,176.94
0.59 T AT&T INC 2831811 29.95 12,999 389,320.05
0.57 KO COCA-COLA CO/THE 2206657 53.68 7,043 378,068.24
0.57 CSCO CISCO SYSTEMS INC 2198163 52.80 7,137 376,833.60
0.56 CRM SALESFORCE.COM INC 2310525 231.91 1,600 371,056.00
0.55 WMT WALMART INC 2936921 140.61 2,608 366,710.88
0.55 PEP PEPSICO INC 2681511 144.16 2,514 362,418.24
0.55 CVX CHEVRON CORP 2838555 102.96 3,514 361,801.44
0.54 TMO THERMO FISHER 2886907 492.92 726 357,859.92
0.54 MRK MERCK & CO. INC. 2778844 77.47 4,583 355,045.01
0.53 AVGO BROADCOM INC BDZ78H9 478.79 726 347,601.54
0.53 ABBV ABBVIE INC B92SR70 107.91 3,218 347,254.38
0.52 ACN ACCENTURE PLC-CL A B4BNMY3 286.96 1,202 344,925.92
0.49 TXN TEXAS INSTRUMENTS INC 2885409 191.93 1,672 320,906.96
0.48 WFC WELLS FARGO & CO 2649100 43.84 7,260 318,278.40
0.48 MCD MCDONALD'S CORP 2550707 233.08 1,358 316,522.64
0.47 MDT MEDTRONIC PLC BTN1Y11 125.91 2,467 310,619.97
0.46 NKE NIKE INC -CL B 2640147 134.31 2,272 305,152.32
0.45 COST COSTCO WHOLESALE CORP 2701271 370.72 806 298,800.32
0.44 LLY ELI LILLY & CO 2516152 189.25 1,546 292,580.50
0.44 HON HONEYWELL INTL 2020459 232.11 1,257 291,762.27
0.44 NEE NEXTERA ENERGY INC 2328915 80.94 3,583 290,008.02
0.43 QCOM QUALCOMM INC 2714923 138.21 2,077 287,062.17
0.43 DHR DANAHER CORP 2250870 243.06 1,163 282,678.78
0.42 LOW LOWE'S COS INC 2536763 208.25 1,339 278,846.75
0.42 UNP UNION PACIFIC CORP 2914734 222.71 1,242 276,605.82
0.41 C CITIGROUP INC 2297907 72.45 3,778 273,716.10
0.41 AMGN AMGEN INC 2023607 255.71 1,062 271,564.02
0.41 LIN LINDE PLC BZ12WP8 289.96 936 271,402.56
0.41 BMY BRISTOL-MYERS SQUIBB CO 2126335 65.46 4,099 268,320.54
0.40 ORCL ORACLE CORP 2661568 78.95 3,358 265,114.10
0.40 PM PHILIP MORRIS IN B2PKRQ3 92.91 2,842 264,050.22
0.38 BA BOEING CO/THE 2108601 248.18 1,018 252,647.24
0.38 SBUX STARBUCKS CORP 2842255 118.34 2,131 252,182.54
0.35 UPS UNITED PARCEL-B 2517382 179.71 1,304 234,341.84
0.34 CAT CATERPILLAR INC 2180201 233.36 968 225,892.48
0.34 DE DEERE & CO 2261203 383.07 578 221,414.46
0.33 AMAT APPLIED MATERIALS INC 2046552 133.73 1,647 220,253.31
0.33 IBM IBM 2005973 133.59 1,632 218,018.88
0.33 RTX RAYTHEON TECHNOL BM5M5Y3 78.22 2,781 217,529.82
0.33 GS GOLDMAN SACHS GROUP INC 2407966 342.31 632 216,339.92
0.32 GE GENERAL ELECTRIC CO 2380498 13.39 15,878 212,606.42
0.32 MMM 3M CO 2595708 198.58 1,062 210,891.96
0.31 MS MORGAN STANLEY 2262314 78.59 2,615 205,512.85
0.31 AMT AMERICAN TOWER CORP B7FBFL2 248.62 820 203,868.40
0.31 BLK BLACKROCK INC 2494504 811.45 251 203,673.95
0.30 INTU INTUIT INC 2459020 415.82 484 201,256.88
0.30 BKNG BOOKING HOLDINGS INC BDRXDB4 2,476.90 79 195,675.10
0.29 TGT TARGET CORP 2259101 208.55 921 192,074.55
0.29 SCHW SCHWAB (CHARLES) CORP 2779397 64.74 2,921 189,105.54
0.29 CASH 1.00 188,759 188,758.76
0.28 NOW SERVICENOW INC B80NXX8 556.91 336 187,121.76
0.28 MU MICRON TECHNOLOGY INC 2588184 90.66 2,030 184,039.80
0.27 CVS CVS HEALTH CORP 2577609 75.88 2,373 180,063.24
0.27 MO ALTRIA GROUP INC 2692632 52.31 3,388 177,226.28
0.27 AMD ADVANCED MICRO DEVICES 2007849 82.15 2,146 176,293.90
0.26 SQ SQUARE INC - A BYNZGK1 256.10 679 173,891.90
0.26 CI CIGNA CORP BHJ0775 252.57 679 171,495.03
0.26 LMT LOCKHEED MARTIN CORP 2522096 391.81 437 171,220.97
0.26 FIS FIDELITY NATIONA 2769796 152.62 1,116 170,323.92
0.25 ISRG INTUITIVE SURGICAL INC 2871301 812.57 206 167,389.42
0.25 AXP AMERICAN EXPRESS CO 2026082 149.99 1,116 167,388.84
0.25 SPGI S&P GLOBAL INC BYV2325 378.07 437 165,216.59
0.25 ANTM ANTHEM INC BSPHGL4 375.62 437 164,145.94
0.25 SYK STRYKER CORP 2853688 257.13 632 162,506.16
0.24 LRCX LAM RESEARCH CORP 2502247 643.71 244 157,065.24
0.24 CHTR CHARTER COMMUN-A BZ6VT82 644.37 243 156,581.91
0.23 PLD PROLOGIS INC B44WZD7 112.56 1,358 152,856.48
0.23 GILD GILEAD SCIENCES INC 2369174 66.87 2,272 151,928.64
0.23 MDLZ MONDELEZ INTER-A B8CKK03 58.77 2,568 150,921.36
0.22 ZTS ZOETIS INC B95WG16 167.63 874 146,508.62
0.22 USB US BANCORP 2736035 57.86 2,467 142,740.62
0.21 TFC TRUIST FINANCIAL CORP BKP7287 57.84 2,445 141,418.80
0.21 TMUS T-MOBILE US INC B94Q9V0 133.05 1,055 140,367.75
0.21 ADP AUTOMATIC DATA PROCESSING 2065308 192.94 726 140,074.44
0.21 CCI CROWN CASTLE INTL CORP BTGQCX1 179.62 773 138,846.26
0.21 TJX TJX COMPANIES INC 2989301 69.99 1,983 138,790.17
0.21 CSX CSX CORP 2160753 98.64 1,405 138,589.20
0.21 BDX BECTON DICKINSON AND CO 2087807 260.94 531 138,559.14
0.21 MELI MERCADOLIBRE INC B23X1H3 1,591.88 87 138,493.56
0.21 PNC PNC FINANCIAL SE 2692665 178.86 773 138,258.78
0.21 DUK DUKE ENERGY CORP B7VD3F2 100.67 1,358 136,709.86
0.21 ATVI ACTIVISION BLIZZARD INC 2575818 96.48 1,405 135,554.40
0.20 GM GENERAL MOTORS CO B665KZ5 58.71 2,272 133,389.12
0.20 UBER UBER TECHNOLOGIES INC BK6N347 60.35 2,198 132,649.30
0.20 CME CME GROUP INC 2965839 207.58 632 131,190.56
0.20 NSC NORFOLK SOUTHERN CORP 2641894 270.86 484 131,096.24
0.20 FISV FISERV INC 2342034 125.09 1,030 128,842.70
0.19 SO SOUTHERN CO/THE 2829601 65.01 1,936 125,859.36
0.19 FDX FEDEX CORP 2142784 287.59 437 125,676.83
0.19 CL COLGATE-PALMOLIVE CO 2209106 80.70 1,546 124,762.20
0.18 EL ESTEE LAUDER 2320524 312.29 390 121,793.10
0.18 D DOMINION ENERGY INC 2542049 78.89 1,531 120,780.59
0.18 SNAP SNAP INC - A BD8DJ71 61.25 1,951 119,498.75
0.18 ITW ILLINOIS TOOL WORKS 2457552 224.03 531 118,959.93
0.18 ICE INTERCONTINENTAL BFSSDS9 120.73 983 118,677.59
0.18 CB CHUBB LTD B3BQMF6 162.77 726 118,171.02
0.18 MMC MARSH & MCLENNAN COS 2567741 127.44 921 117,372.24
0.18 ADSK AUTODESK INC 2065159 300.16 390 117,062.40
0.18 SHW SHERWIN-WILLIAMS CO/THE 2804211 266.92 437 116,644.04
0.18 GPN GLOBAL PAYMENTS INC 2712013 217.80 531 115,651.80
0.17 APD AIR PRODS & CHEM 2011602 287.48 390 112,117.20
0.17 COF CAPITAL ONE FINA 2654461 136.68 820 112,077.60
0.17 EQIX EQUINIX INC BVLZX12 708.14 158 111,886.12
0.17 ZM ZOOM VIDEO COM-A BGSP7M9 329.95 336 110,863.20
0.16 ADI ANALOG DEVICES INC 2032067 159.51 679 108,307.29
0.16 ECL ECOLAB INC 2304227 223.15 484 108,004.60
0.16 BSX BOSTON SCIENTIFIC CORP 2113434 40.91 2,615 106,979.65
0.16 ILMN ILLUMINA INC 2613990 399.00 267 106,533.00
0.16 VRTX VERTEX PHARM 2931034 219.39 484 106,184.76
0.16 HUM HUMANA INC 2445063 435.28 242 105,337.76
0.16 PGR PROGRESSIVE CORP 2705024 98.76 1,062 104,883.12
0.16 DD DUPONT DE NEMOURS INC BK0VN47 77.02 1,358 104,593.16
0.16 WM WASTE MANAGEMENT INC 2937667 135.05 773 104,393.65
0.16 ETN EATON CORP PLC B8KQN82 141.15 726 102,474.90
0.15 AON AON PLC-CLASS A BLP1HW5 239.12 422 100,908.64
0.15 NOC NORTHROP GRUMMAN CORP 2648806 346.43 289 100,118.27
0.15 FCX FREEPORT-MCMORAN INC 2352118 38.14 2,615 99,736.10
0.15 EW EDWARDS LIFESCIENCES CORP 2567116 89.02 1,116 99,346.32
0.15 COP CONOCOPHILLIPS 2685717 51.09 1,936 98,910.24
0.15 MRNA MODERNA INC BGSXTS3 170.81 578 98,728.18
0.15 TWTR TWITTER INC BFLR866 70.12 1,405 98,518.60
0.15 REGN REGENERON PHARMACEUTICALS 2730190 502.60 195 98,007.00
0.15 EMR EMERSON ELECTRIC CO 2313405 92.20 1,062 97,916.40
0.15 KLAC KLA CORP 2480138 333.00 289 96,237.00
0.15 BX BLACKSTONE GROUP INC/THE BKF2SL7 79.28 1,210 95,928.80
0.14 HCA HCA HEALTHCARE INC B4MGBG6 196.93 484 95,314.12
0.14 NEM NEWMONT CORP 2636607 65.41 1,452 94,975.32
0.14 DG DOLLAR GENERAL CORP B5B1S13 216.74 437 94,715.38
0.14 TWLO TWILIO INC - A BD6P5Q0 385.24 242 93,228.08
0.14 MCO MOODY'S CORP 2252058 322.00 289 93,058.00
0.14 ALGN ALIGN TECHNOLOGY INC 2679204 606.33 148 89,736.84
0.13 KMB KIMBERLY-CLARK CORP 2491839 139.22 632 87,987.04
0.13 DOW DOW INC BHXCF84 64.68 1,358 87,835.44
0.13 F FORD MOTOR CO 2615468 12.23 7,112 86,979.76
0.13 WDAY WORKDAY INC-CLASS A B8K6ZD1 256.35 336 86,133.60
0.13 JCI JOHNSON CONTROLS BY7QL61 62.49 1,336 83,486.64
0.13 HPQ HP INC BYX4D52 33.98 2,454 83,386.92
0.13 ROP ROPER TECHNOLOGIES INC 2749602 423.29 195 82,541.55
0.13 EXC EXELON CORP 2670519 46.16 1,788 82,534.08
0.12 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 210.72 390 82,180.80
0.12 ROST ROSS STORES INC 2746711 129.91 632 82,103.12
0.12 AEP AMERICAN ELECTRIC POWER 2026242 88.55 921 81,554.55
0.12 MET METLIFE INC 2573209 63.07 1,282 80,855.74
0.12 GD GENERAL DYNAMICS CORP 2365161 184.47 437 80,613.39
0.12 BAX BAXTER INTERNATIONAL INC 2085102 86.56 921 79,721.76
0.12 IDXX IDEXX LABORATORIES INC 2459202 535.00 148 79,180.00
0.12 EBAY EBAY INC 2293819 64.93 1,210 78,565.30
0.12 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 530.52 148 78,516.96
0.12 LULU LULULEMON ATHLETICA INC B23FN39 324.10 242 78,432.20
0.12 BIIB BIOGEN INC 2455965 270.31 289 78,119.59
0.12 CTSH COGNIZANT TECH-A 2257019 80.62 968 78,040.16
0.12 DXCM DEXCOM INC B0796X4 400.04 195 78,007.80
0.12 DOCU DOCUSIGN INC BFYT7B7 231.93 336 77,928.48
0.12 PH PARKER HANNIFIN CORP 2671501 321.11 242 77,708.62
0.12 TEL TE CONNECTIVITY LTD B62B7C3 133.40 578 77,105.20
0.12 PSA PUBLIC STORAGE 2852533 266.80 289 77,105.20
0.12 A AGILENT TECHNOLOGIES INC 2520153 134.58 563 75,768.54
0.11 SNPS SYNOPSYS INC 2867719 260.77 289 75,362.53
0.11 TT TRANE TECHNOLOGIES PLC BK9ZQ96 171.96 437 75,146.52
0.11 EA ELECTRONIC ARTS INC 2310194 141.05 531 74,897.55
0.11 EOG EOG RESOURCES INC 2318024 70.51 1,062 74,881.62
0.11 ROKU ROKU INC BZ1LFG7 376.52 195 73,421.40
0.11 SRE SEMPRA ENERGY 2138158 138.14 531 73,352.34
0.11 PPG PPG INDUSTRIES INC 2698470 167.41 437 73,158.17
0.11 DLR DIGITAL REALTY TRUST INC B03GQS4 145.96 499 72,834.04
0.11 AIG AMERICAN INTERNA 2027342 47.10 1,546 72,816.60
0.11 APH AMPHENOL CORP-CL A 2145084 68.48 1,062 72,725.76
0.11 IQV IQVIA HOLDINGS INC BDR73G1 215.56 336 72,428.16
0.11 CRWD CROWDSTRIKE HO-A BJJP138 215.20 336 72,307.20
0.11 CMG CHIPOTLE MEXICAN B0X7DZ3 1,535.04 47 72,146.88
0.11 TRV TRAVELERS COS INC/THE 2769503 155.95 462 72,048.90
0.11 PRU PRUDENTIAL FINANCIAL INC 2819118 98.88 726 71,786.88
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 158.29 452 71,547.08
0.11 CDNS CADENCE DESIGN SYS INC 2302232 147.26 484 71,273.84
0.11 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 292.02 242 70,668.84
0.11 INFO IHS MARKIT LTD BD0Q558 103.94 679 70,575.26
0.11 SYY SYSCO CORP 2868165 80.56 874 70,409.44
0.11 AZO AUTOZONE INC 2065955 1,495.84 47 70,304.48
0.11 CARR CARRIER GLOBAL CORP BK4N0D7 43.88 1,600 70,208.00
0.11 MSCI MSCI INC B2972D2 473.52 148 70,080.96
0.11 WBA WALGREENS BOOTS BTN1Y44 53.30 1,304 69,503.20
0.11 TROW T ROWE PRICE GROUP INC 2702337 177.82 390 69,349.80
0.10 BK BANK NY MELLON B1Z77F6 46.07 1,499 69,058.93
0.10 STZ CONSTELLATION-A 2170473 238.86 289 69,030.54
0.10 GIS GENERAL MILLS INC 2367026 61.30 1,116 68,410.80
0.10 APTV APTIV PLC B783TY6 141.05 484 68,268.20
0.10 XEL XCEL ENERGY INC 2614807 70.37 968 68,118.16
0.10 MAR MARRIOTT INTL-A 2210614 148.63 452 67,180.76
0.10 ZBH ZIMMER BIOMET HO 2783815 171.88 390 67,033.20
0.10 MNST MONSTER BEVERAGE CORP BZ07BW4 98.17 679 66,657.43
0.10 LUV SOUTHWEST AIRLINES CO 2831543 62.39 1,062 66,258.18
0.10 SLB SCHLUMBERGER LTD 2779201 26.29 2,514 66,093.06
0.10 VEEV VEEVA SYSTEMS INC-CLASS A BFH3N85 273.07 242 66,082.94
0.10 CNC CENTENE CORP 2807061 64.96 1,015 65,934.40
0.10 PINS PINTEREST INC- CLASS A BJ2Z0H2 76.22 857 65,320.54
0.10 ALL ALLSTATE CORP 2019952 122.20 531 64,888.20
0.10 CTVA CORTEVA INC BK73B42 47.50 1,358 64,505.00
0.10 GLW CORNING INC 2224701 45.80 1,405 64,349.00
0.10 CMI CUMMINS INC 2240202 264.35 242 63,972.70
0.10 SPG SIMON PROPERTY GROUP INC 2812452 117.12 546 63,947.52
0.10 AFL AFLAC INC 2026361 53.45 1,195 63,872.75
0.10 ALXN ALEXION PHARM 2036070 163.68 390 63,835.20
0.10 MTCH MATCH GROUP INC BK80XH9 145.30 437 63,496.10
0.10 MPC MARATHON PETROLEUM CORP B3K3L40 54.26 1,163 63,104.38
0.10 YUM YUM! BRANDS INC 2098876 118.06 531 62,689.86
0.09 HLT HILTON WORLDWIDE BYVMW06 128.05 484 61,976.20
0.09 DHI DR HORTON INC 2250687 96.37 632 60,905.84
0.09 PSX PHILLIPS 66 B78C4Y8 78.69 773 60,827.37
0.09 ADM ARCHER-DANIELS-MIDLAND CO 2047317 59.45 1,015 60,341.75
0.09 MTD METTLER-TOLEDO 2126249 1,282.33 47 60,269.51
0.09 PANW PALO ALTO NETWORKS INC B87ZMX0 366.65 164 60,130.60
0.09 PCAR PACCAR INC 2665861 94.92 632 59,989.44
0.09 SWK STANLEY BLACK & B3Q2FJ4 205.38 289 59,354.82
0.09 WELL WELLTOWER INC BYVYHH4 75.69 773 58,508.37
0.09 KMI KINDER MORGAN INC B3NQ4P8 16.54 3,536 58,485.44
0.09 PEG PUB SERV ENTERP 2707677 63.35 921 58,345.35
0.09 WLTW WILLIS TOWERS WATSON PLC BDB6Q21 240.40 242 58,176.80
0.09 AME AMETEK INC 2089212 132.85 437 58,055.45
0.09 TDG TRANSDIGM GROUP INC B11FJK3 617.49 94 58,044.06
0.09 MRVL MARVELL TECH GRP 2594653 47.91 1,210 57,971.10
0.09 LBRDK LIBERTY BROADBAND-C BRTLC06 155.37 372 57,797.64
0.09 TEAM ATLASSIAN CORP-A BZ09BD1 234.76 242 56,811.92
0.09 TTD TRADE DESK INC-A BD8FDD1 718.86 79 56,789.94
0.09 OKTA OKTA INC BDFZSP1 269.98 210 56,695.80
0.09 ES EVERSOURCE ENERGY BVVN4Q8 89.69 632 56,684.08
0.09 AMP AMERIPRISE FINANCIAL INC B0J7D57 248.77 227 56,470.79
0.09 PAYX PAYCHEX INC 2674458 97.50 578 56,355.00
0.09 SBAC SBA COMMUNICATIONS CORP BZ6TS23 288.33 195 56,224.35
0.09 XLNX XILINX INC 2985677 128.64 437 56,215.68
0.09 WEC WEC ENERGY GROUP INC BYY8XK8 96.96 578 56,042.88
0.08 MCK MCKESSON CORP 2378534 193.18 289 55,829.02
0.08 ANSS ANSYS INC 2045623 373.93 148 55,341.64
0.08 CSGP COSTAR GROUP INC 2262864 904.93 61 55,200.73
0.08 SWKS SKYWORKS SOLUTIONS INC 2961053 189.76 289 54,840.64
0.08 OTIS OTIS WORLDWIDE CORP BK531S8 70.58 773 54,558.34
0.08 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 188.60 289 54,505.40
0.08 DFS DISCOVER FINANCI B1YLC43 102.27 531 54,305.37
0.08 DAL DELTA AIR LINES INC B1W9D46 46.64 1,163 54,242.32
0.08 AWK AMERICAN WATER W B2R3PV1 160.12 336 53,800.32
0.08 FAST FASTENAL CO 2332262 50.54 1,062 53,673.48
0.08 VRSK VERISK ANALYTICS INC B4P9W92 185.46 289 53,597.94
0.08 WY WEYERHAEUSER CO 2958936 39.32 1,358 53,396.56
0.08 VLO VALERO ENERGY CORP 2041364 72.50 726 52,635.00
0.08 BLL BALL CORP 2073022 91.01 578 52,603.78
0.08 WMB WILLIAMS COS INC 2967181 23.62 2,225 52,554.50
0.08 BBY BEST BUY CO INC 2094670 119.87 437 52,383.19
0.08 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 107.55 484 52,054.20
0.08 FRC FIRST REPUBLIC BANK/CA B4WHY15 179.62 289 51,910.18
0.08 CTAS CINTAS CORP 2197137 350.52 148 51,876.96
0.08 ROK ROCKWELL AUTOMATION INC 2754060 265.85 195 51,840.75
0.08 KKR KKR & CO INC BG1FRR1 53.31 968 51,604.08
0.08 DLTR DOLLAR TREE INC 2272476 117.36 437 51,286.32
0.08 LEN LENNAR CORP-A 2511920 105.88 484 51,245.92
0.08 LH LABORATORY CP 2586122 262.20 195 51,129.00
0.08 STT STATE STREET CORP 2842040 80.43 632 50,831.76
0.08 RMD RESMED INC 2732903 207.51 242 50,217.42
0.08 KSU KANSAS CITY SOUTHERN 2607647 257.51 195 50,214.45
0.08 FTNT FORTINET INC B5B2106 206.01 242 49,854.42
0.08 KR KROGER CO 2497406 37.11 1,343 49,838.73
0.08 FITB FIFTH THIRD BANCORP 2336747 38.20 1,304 49,812.80
0.08 ED CONSOLIDATED EDISON INC 2216850 78.21 632 49,428.72
0.08 EQR EQUITY RESIDENTIAL 2319157 72.62 679 49,308.98
0.07 ODFL OLD DOMINION FREIGHT LINE 2656423 251.37 195 49,017.15
0.07 VFC VF CORP 2928683 84.74 578 48,979.72
0.07 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 145.40 336 48,854.40
0.07 SIVB SVB FINANCIAL GROUP 2808053 518.94 94 48,780.36
0.07 URI UNITED RENTALS INC 2134781 328.14 148 48,564.72
0.07 ZBRA ZEBRA TECH CORP 2989356 513.49 94 48,268.06
0.07 CPRT COPART INC 2208073 123.48 390 48,157.20
0.07 RNG RINGCENTRAL INC-CLASS A BDZCRX3 325.38 148 48,156.24
0.07 KHC KRAFT HEINZ CO/THE BYRY499 41.00 1,163 47,683.00
0.07 CBRE CBRE GROUP INC - A B6WVMH3 81.82 578 47,291.96
0.07 DTE DTE ENERGY COMPANY 2280220 140.68 336 47,268.48
0.07 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 116.21 405 47,065.05
0.07 HSY HERSHEY CO/THE 2422806 160.99 289 46,526.11
0.07 WST WEST PHARMACEUT 2950482 313.83 148 46,446.84
0.07 EFX EQUIFAX INC 2319146 190.98 242 46,217.16
0.07 ETSY ETSY INC BWTN5N1 219.99 210 46,197.90
0.07 CLX CLOROX COMPANY 2204026 190.73 242 46,156.66
0.07 MXIM MAXIM INTEGRATED PRODUCTS 2573760 95.13 484 46,042.92
0.07 TDOC TELADOC HEALTH INC BYQRFY1 190.10 242 46,004.20
0.07 AJG ARTHUR J GALLAGHER & CO 2359506 136.80 336 45,964.80
0.07 AVB AVALONBAY COMMUNITIES INC 2131179 189.81 242 45,934.02
0.07 EPAM EPAM SYSTEMS INC B44Z3T8 446.04 101 45,050.04
0.07 CDW CDW CORP/DE BBM5MD6 184.01 242 44,530.42
0.07 KDP KEURIG DR PEPPER INC BD3W133 36.01 1,232 44,364.32
0.07 DELL DELL TECHNOLOGIES -C BHKD3S6 101.42 437 44,320.54
0.07 YUMC YUM CHINA HOLDINGS INC BYW4289 60.10 726 43,632.60
0.07 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 291.46 148 43,136.08
0.07 CERN CERNER CORP 2185284 75.31 571 43,002.01
0.07 PXD PIONEER NATURAL 2690830 148.41 289 42,890.49
0.06 VMC VULCAN MATERIALS CO 2931205 175.67 242 42,512.14
0.06 ARE ALEXANDRIA REAL 2009210 175.65 242 42,507.30
0.06 O REALTY INCOME CORP 2724193 67.02 632 42,356.64
0.06 OKE ONEOK INC 2130109 51.60 820 42,312.00
0.06 NUE NUCOR CORP 2651086 79.50 531 42,214.50
0.06 EXPE EXPEDIA GROUP INC B748CK2 173.91 242 42,086.22
0.06 SYF SYNCHRONY FINANCIAL BP96PS6 41.39 1,015 42,010.85
0.06 TSN TYSON FOODS INC-CL A 2909730 78.92 531 41,906.52
0.06 HIG HARTFORD FINL SV 2476193 66.25 632 41,870.00
0.06 FTV FORTIVE CORP BYT3MK1 72.38 578 41,835.64
0.06 HUBS HUBSPOT INC BR4T3B3 521.18 80 41,694.40
0.06 EIX EDISON INTERNATIONAL 2829515 61.36 679 41,663.44
0.06 IP INTERNATIONAL PAPER CO 2465254 57.37 726 41,650.62
0.06 ETR ENTERGY CORP 2317087 106.64 390 41,589.60
0.06 LVS LAS VEGAS SANDS CORP B02T2J7 61.00 679 41,419.00
0.06 PPL PPL CORP 2680905 29.14 1,405 40,941.70
0.06 CVNA CARVANA CO BYQHPG3 275.09 148 40,713.32
0.06 RSG REPUBLIC SERVICES INC 2262530 104.32 390 40,684.80
0.06 TFX TELEFLEX INC 2881407 432.56 94 40,660.64
0.06 VRSN VERISIGN INC 2142922 208.16 195 40,591.20
0.06 COO COOPER COS INC/THE 2222631 399.52 101 40,351.52
0.06 OXY OCCIDENTAL PETROLEUM CORP 2655408 24.38 1,654 40,324.52
0.06 PAYC PAYCOM SOFTWARE INC BL95MY0 398.47 101 40,245.47
0.06 COUP COUPA SOFTWARE INC BD87XR1 270.46 148 40,028.08
0.06 BF/B BROWN-FORMAN CORP-CLASS B 2146838 74.26 531 39,432.06
0.06 MKC MCCORMICK-N/V 2550161 88.79 437 38,801.23
0.06 SPLK SPLUNK INC B424494 134.25 289 38,798.25
0.06 CHD CHURCH & DWIGHT CO INC 2195841 87.94 437 38,429.78
0.06 GWW WW GRAINGER INC 2380863 406.88 94 38,246.72
0.06 VIAC VIACOMCBS INC - CLASS B BKTNTR9 39.35 968 38,090.80
0.06 VTR VENTAS INC 2927925 55.41 679 37,623.39
0.06 EXAS EXACT SCIENCES CORP 2719951 130.04 289 37,581.56
0.06 KMX CARMAX INC 2983563 129.97 289 37,561.33
0.06 QRVO QORVO INC BR9YYP4 192.27 195 37,492.65
0.06 TER TERADYNE INC 2884183 129.48 289 37,419.72
0.06 HPE HEWLETT PACKA BYVYWS0 15.95 2,341 37,338.95
0.06 W WAYFAIR INC- CLASS A BQXZP64 321.64 116 37,310.24
0.06 MTB M & T BANK CORP 2340168 153.86 242 37,234.12
0.06 HOLX HOLOGIC INC 2433530 76.66 484 37,103.44
0.06 KEY KEYCORP 2490911 20.68 1,788 36,975.84
0.06 RF REGIONS FINANCIAL CORP B01R311 21.20 1,741 36,909.20
0.06 HES HESS CORP 2023748 69.34 531 36,819.54
0.06 AEE AMEREN CORPORATION 2050832 84.24 437 36,812.88
0.06 IAC IAC/INTERACTIVECORP BMGTSK0 248.39 148 36,761.72
0.06 WDC WESTERN DIGITAL CORP 2954699 68.89 531 36,580.59
0.06 XYL XYLEM INC B3P2CN8 108.61 336 36,492.96
0.06 MKL MARKEL CORP 2566436 1,214.63 30 36,438.90
0.06 HZNP HORIZON THERAPEUTICS PLC BQPVQZ6 93.27 390 36,375.30
0.06 GRMN GARMIN LTD B3Z5T14 140.60 257 36,134.20
0.05 NTRS NORTHERN TRUST CORP 2648668 106.91 336 35,921.76
0.05 TRMB TRIMBLE INC 2903958 81.97 438 35,902.86
0.05 WORK SLACK TECHNOLO-A BKBS541 42.23 842 35,557.66
0.05 MLM MARTIN MARIETTA MATERIALS 2572079 351.57 101 35,508.57
0.05 DRI DARDEN RESTAURANTS INC 2289874 146.33 242 35,411.86
0.05 TSCO TRACTOR SUPPLY COMPANY 2900335 181.08 195 35,310.60
0.05 SGEN SEAGEN INC BLPK4D2 145.50 242 35,211.00
0.05 TTWO TAKE-TWO INTERAC 2122117 178.80 195 34,866.00
0.05 CFG CITIZENS FINANCIAL GROUP BQRX1X3 44.83 773 34,653.59
0.05 AES AES CORP 2002479 28.63 1,210 34,642.30
0.05 Z ZILLOW GROUP INC - C BYXJF62 134.61 257 34,594.77
0.05 ABC AMERISOURCEBERGEN CORP 2795393 119.69 289 34,590.41
0.05 FE FIRSTENERGY CORP 2100920 35.69 968 34,547.92
0.05 EXR EXTRA SPACE STORAGE INC B02HWR9 142.61 242 34,511.62
0.05 AMCR AMCOR PLC BJ1F307 11.95 2,857 34,141.15
0.05 IR INGERSOLL-RAND INC BL5GZ82 50.24 679 34,112.96
0.05 CMS CMS ENERGY CORP 2219224 64.08 531 34,026.48
0.05 DOV DOVER CORP 2278407 140.57 242 34,017.94
0.05 CTXS CITRIX SYSTEMS INC 2182553 140.50 242 34,001.00
0.05 INVH INVITATION HOMES INC BD81GW9 33.34 1,015 33,840.10
0.05 CAG CONAGRA BRANDS INC 2215460 37.55 874 32,818.70
0.05 BURL BURLINGTON STORES INC BF311Y5 324.73 101 32,797.73
0.05 IEX IDEX CORP 2456612 220.57 148 32,644.36
0.05 CAH CARDINAL HEALTH INC 2175672 61.31 531 32,555.61
0.05 J JACOBS ENGIN GRP 2469052 133.78 242 32,374.76
0.05 TRU TRANSUNION BYMWL86 96.35 336 32,373.60
0.05 LNG CHENIERE ENERGY INC 2654364 73.97 437 32,324.89
0.05 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 33.25 968 32,186.00
0.05 EXPD EXPEDITORS INTL WASH INC 2325507 111.23 289 32,145.47
0.05 STX SEAGATE TECHNOLOGY B58JVZ5 82.07 390 32,007.30
0.05 ANET ARISTA NETWORKS INC BN33VM5 316.67 101 31,983.67
0.05 CTLT CATALENT INC BP96PQ4 110.60 289 31,963.40
0.05 MDB MONGODB INC BF2FJ99 315.85 101 31,900.85
0.05 DGX QUEST DIAGNOSTICS INC 2702791 130.11 242 31,486.62
0.05 CCL CARNIVAL CORP 2523044 27.03 1,164 31,462.92
0.05 RJF RAYMOND JAMES 2718992 129.76 242 31,401.92
0.05 MAS MASCO CORP 2570200 64.59 484 31,261.56
0.05 NDAQ NASDAQ INC 2965107 160.17 195 31,233.15
0.05 PCG P G & E CORP 2689560 11.58 2,692 31,173.36
0.05 ULTA ULTA BEAUTY INC B28TS42 330.71 94 31,086.74
0.05 OMC OMNICOM GROUP 2279303 79.65 390 31,063.50
0.05 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 534.95 58 31,027.10
0.05 HAL HALLIBURTON CO 2405302 20.69 1,499 31,014.31
0.05 SUI SUN COMMUNITIES INC 2860257 158.11 195 30,831.45
0.05 STE STERIS PLC BFY8C75 208.14 148 30,804.72
0.05 CE CELANESE CORP B05MZT4 157.92 195 30,794.40
0.05 CINF CINCINNATI FINANCIAL CORP 2196888 106.41 289 30,752.49
0.05 K KELLOGG CO 2486813 63.35 484 30,661.40
0.05 AKAM AKAMAI TECHNOLOGIES INC 2507457 105.96 289 30,622.44
0.05 BR BROADRIDGE FINL B1VP7R6 157.00 195 30,615.00
0.05 PFG PRINCIPAL FINANCIAL GROUP 2803014 63.22 484 30,598.48
0.05 NTAP NETAPP INC 2630643 77.71 390 30,306.90
0.05 WAT WATERS CORP 2937689 299.90 101 30,289.90
0.05 SSNC SS&C TECHNOLOGIE B58YSC6 72.91 415 30,257.65
0.05 DRE DUKE REALTY CORP 2284084 44.48 679 30,201.92
0.05 ENPH ENPHASE ENERGY INC B65SQW4 150.01 200 30,002.00
0.05 PODD INSULET CORP B1XGNW4 297.00 101 29,997.00
0.05 HBAN HUNTINGTON BANCSHARES INC 2445966 16.18 1,842 29,803.56
0.05 UAL UNITED AIRLINES B4QG225 55.87 531 29,666.97
0.05 MAA MID-AMERICA APAR 2589132 151.02 195 29,448.90
0.04 BIO BIO-RAD LABORATORIES-A 2098508 626.12 47 29,427.64
0.04 ESS ESSEX PROPERTY TRUST INC 2316619 289.49 101 29,238.49
0.04 ACGL ARCH CAPITAL GROUP LTD 2740542 40.08 726 29,098.08
0.04 VTRS VIATRIS INC BMWS3X9 13.40 2,169 29,064.60
0.04 GPC GENUINE PARTS CO 2367480 120.02 242 29,044.84
0.04 DKNG DRAFTKINGS INC - CL A BMYML02 57.98 499 28,932.02
0.04 ALB ALBEMARLE CORP 2046853 152.03 190 28,885.70
0.04 RCL ROYAL CARIBBEAN 2754907 85.39 336 28,691.04
0.04 ZS ZSCALER INC BZ00V34 192.49 148 28,488.52
0.04 IT GARTNER INC 2372763 191.98 148 28,413.04
0.04 IFF INTL FLAVORS & FRAGRANCES 2464165 142.86 195 27,857.70
0.04 EMN EASTMAN CHEMICAL CO 2298386 114.94 242 27,815.48
0.04 INCY INCYTE CORP 2471950 82.68 336 27,780.48
0.04 EVRG EVERGY INC BFMXGR0 63.29 437 27,657.73
0.04 FMC FMC CORP 2328603 113.64 242 27,500.88
0.04 DDOG DATADOG INC - CLASS A BKT9Y49 90.34 304 27,463.36
0.04 PKG PACKAGING CORP OF AMERICA 2504566 140.36 195 27,370.20
0.04 WAB WABTEC CORP 2955733 80.61 336 27,084.96
0.04 ALNY ALNYLAM PHARMACE B00FWN1 138.88 195 27,081.60
0.04 BMRN BIOMARIN PHARMAC 2437071 79.40 336 26,678.40
0.04 ELAN ELANCO ANIMAL HEALTH INC BF5L3T2 29.98 874 26,202.52
0.04 PKI PERKINELMER INC 2305844 133.16 195 25,966.20
0.04 SJM JM SMUCKER CO/THE 2951452 131.72 195 25,685.40
0.04 BXP BOSTON PROPERTIES INC 2019479 105.44 242 25,516.48
0.04 XRAY DENTSPLY SIRONA INC BYNPPC6 65.42 390 25,513.80
0.04 JBHT HUNT (JB) TRANS 2445416 172.16 148 25,479.68
0.04 NET CLOUDFLARE INC - CLASS A BJXC5M2 74.24 341 25,315.84
0.04 GDDY GODADDY INC - CLASS A BWFRFC6 86.60 289 25,027.40
0.04 HRL HORMEL FOODS CORP 2437264 46.84 531 24,872.04
0.04 MASI MASIMO CORP B1YWR63 245.74 101 24,819.74
0.04 LNT ALLIANT ENERGY CORP 2973821 56.16 437 24,541.92
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 101.21 242 24,492.82
0.04 CHRW CH ROBINSON 2116228 100.76 242 24,383.92
0.04 SEDG SOLAREDGE TECHNO BWC52Q6 258.71 94 24,318.74
0.04 VMW VMWARE INC-CLASS A B23SN61 164.10 148 24,286.80
0.04 FOXA FOX CORP - CLASS A BJJMGL2 37.95 632 23,981.24
0.04 L LOEWS CORP 2523022 54.37 437 23,759.69
0.04 HAS HASBRO INC 2414580 98.00 242 23,716.00
0.04 JKHY JACK HENRY 2469193 158.84 148 23,508.32
0.04 BKR BAKER HUGHES CO BDHLTQ5 20.10 1,163 23,376.30
0.03 NLOK NORTONLIFELOCK INC BJN4XN5 21.62 1,047 22,636.14
0.03 TXG 10X GENOMICS INC-CLASS A BKS3RS7 194.10 116 22,515.60
0.03 TYL TYLER TECHNOLOGIES INC 2909644 448.20 49 21,961.80
0.03 BRO BROWN & BROWN INC 2692687 49.55 437 21,653.35
0.03 BKI BLACK KNIGHT INC BDG75V1 73.88 289 21,351.32
0.03 RPRX ROYALTY PHARMA PLC- CL A BMVP7Y0 41.87 509 21,311.83
0.03 ATUS ALTICE USA INC- A BDRY7P9 34.40 610 20,984.00
0.03 TDY TELEDYNE TECHNOLOGIES INC 2503477 429.25 47 20,174.75
0.03 APO APOLLO GLOBAL MA BKRLVD5 51.57 390 20,112.30
0.03 NVR NVR INC 2637785 4,984.85 4 19,939.40
0.03 LYV LIVE NATION ENTE B0T7YX2 80.99 242 19,599.58
0.03 CPB CAMPBELL SOUP CO 2162845 49.40 390 19,266.00
0.03 DISCK DISCOVERY INC-C B3D7KG4 32.25 578 18,640.50
0.03 DPZ DOMINO'S PIZZA INC B01SD70 394.83 47 18,557.01
0.03 HEI/A HEICO CORP-CLASS A 2237561 123.27 148 18,243.96
0.03 RUN SUNRUN INC BYXB1Y8 52.16 331 17,264.96
0.03 DISH DISH NETWORK CORP-A 2303581 38.01 437 16,610.37
0.02 BEN FRANKLIN RESOURCES INC 2350684 30.05 531 15,956.55
0.02 FDS FACTSET RESEARCH 2329770 319.27 47 15,005.69
0.02 ROL ROLLINS INC 2747305 35.27 390 13,755.30
0.02 SNOW SNOWFLAKE INC-CLASS A BN134B7 232.74 56 13,033.44
0.02 ZG ZILLOW GROUP INC - A BVYJBR3 136.14 94 12,797.16
0.02 HEI HEICO CORP 2419217 135.46 94 12,733.24
0.02 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.31 1,985 12,525.35
0.02 CHWY CHEWY INC - CLASS A BJLFHW7 84.15 148 12,454.20
0.02 TW TRADEWEB MARKE-A BJXMVK2 79.71 148 11,797.08
0.02 IBKR INTERACTIVE BROK B1WT4X2 76.55 148 11,329.40
0.02 SCCO SOUTHERN COPPER CORP 2823777 76.20 148 11,277.60
0.02 DISCA DISCOVERY INC - A B3D7K31 37.34 289 10,791.26
0.02 ERIE ERIE INDEMNITY-A 2311711 227.31 47 10,683.57
0.02 SRPT SAREPTA THERAPEUTICS INC B8DPDT7 71.80 148 10,626.40
0.02 FOX FOX CORP - CLASS B BJJMGY5 36.72 289 10,612.08
0.01 ZI ZOOMINFO TECH-A BMWF095 47.91 148 7,090.68
0.01 LBRDA LIBERTY BROADBAND-A BRTLBY3 150.37 47 7,067.39
0.01 WMG WARNER MUSIC-A BLGJ610 36.95 148 5,468.60
0.01 AGR AVANGRID INC BYP0CD9 52.70 101 5,322.70
0.01 U UNITY SOFTWARE INC BLFDXH8 100.74 48 4,835.52
0.01 RKT ROCKET COS INC-CLASS A BMD6Y84 22.12 195 4,313.40
0.01 LEN/B LENNAR CORP - B SHS 2578293 85.31 47 4,009.57
0.01 BF/A BROWN-FORMAN CORP-CLASS A 2146816 69.27 47 3,255.69
0.00 UI UBIQUITI INC BK9Z6V8 287.37 5 1,436.85
0.00 VIACA VIACOMCBS INC - CLASS A BKTNTP7 44.32 7 310.24
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.