AIQ

Artificial Intelligence & Technology ETF

Morningstar Rating™ - Overall rating out of 227 Technology funds, based on risk-adjusted returns as of 10/31/2023

Reasons to Consider AIQ

High Growth Potential

Forecasts suggest the global artificial intelligence market could increase tenfold from $30bn in 2020 to $300bn by 2026.¹

Structural Tailwinds

Artificial intelligence is still maturing. As it improves, it could unlock untold opportunity for new applications.

Unconstrained Approach

Artificial intelligence spans multiple segments, and its most innovative companies include both household names and newcomers from around the world. AIQ invests accordingly, without regard for sector or geography.

¹Fortune Business Insights, Sep 2021

Key Information As of 12/05/23

Inception Date	05/11/18
Total Expense Ratio	0.68%
Net Assets	$791.56 million
NAV	$29.50
Fact Sheet	View the document

ETF Summary

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to invest in companies that potentially stand to benefit from the further development and utilization of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.

ETF Objective

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index.

Trading Details As of 12/04/23

Ticker	AIQ
Bloomberg Index Ticker	IAIQ
CUSIP	37954Y632
ISIN	US37954Y6326
Primary Exchange	Nasdaq
Shares Outstanding	26,830,002
Number of Holdings	87
30-Day Median Bid-Ask Spread	0.04%

Distributions As of 12/05/23

30-Day SEC Yield	0.22%
Distribution Frequency	Semi-Annually

ETF Prices As of 12/05/23

NAV	$29.50	Daily Change	-$0.03	-0.10%
Market Price	$29.55	Daily Change	-$0.01	-0.03%

As of recent (09/30/23) As of recent (09/30/23)	Fund NAV	Market Price	Index
1 Year	41.17%	40.92%	42.07%
3 Years	5.15%	5.02%	5.70%
5 Years	11.74%	11.71%	12.22%
Since Inception	11.97%	11.96%	12.46%
1 Year	38.56%	37.28%	39.45%
3 Years	5.14%	4.98%	5.67%
5 Years	16.43%	16.45%	16.94%
Since Inception	13.60%	13.60%	14.09%
Year-to-Date	33.73%	34.03%	34.45%
1 Month	-5.77%	-5.81%	-5.69%
3 Months	-3.44%	-3.76%	-3.21%
Since Inception	83.99%	83.86%	88.32%
Year-to-Date	47.63%	48.07%	48.53%
1 Month	13.86%	13.65%	13.92%
3 Months	4.02%	4.06%	4.18%
Since Inception	103.12%	103.13%	108.04%

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 ($)	Shares Held	Market Value ($)
3.59	INTC	INTEL CORP	2463247	41.92	680,503	28,526,685.76
3.45	NOW	SERVICENOW INC	B80NXX8	688.22	39,876	27,443,460.72
3.39	ADBE	ADOBE INC	2008154	602.22	44,764	26,957,776.08
3.39	IBM	IBM	2005973	161.39	166,672	26,899,194.08
3.29	AMZN	AMAZON.COM INC	2000019	146.88	177,869	26,125,398.72
3.21	CRM	SALESFORCE INC	2310525	251.02	101,569	25,495,850.38
3.18	GOOGL	ALPHABET INC-CL A	BYVY8G0	130.99	192,870	25,264,041.30
3.16	MSFT	MICROSOFT CORP	2588173	372.52	67,303	25,071,713.56
3.14	META	META PLATFORMS INC	B7TL820	318.29	78,424	24,961,574.96
3.10	NFLX	NETFLIX INC	2857817	455.15	54,018	24,586,292.70
3.09	ACN	ACCENTURE PLC-CL A	B4BNMY3	335.83	73,196	24,581,412.68
3.05	QCOM	QUALCOMM INC	2714923	130.75	185,607	24,268,115.25
3.04	NVDA	NVIDIA CORP	2379504	465.66	51,901	24,168,219.66
2.97	SIE GR	SIEMENS AG-REG	5727973	171.53	137,318	23,553,794.72
2.94	AAPL	APPLE INC	2046251	193.42	120,769	23,359,139.98
2.89	005930 KS	SAMSUNG ELECTRON	6771720	54.31	422,506	22,945,293.62
2.83	ORCL	ORACLE CORP	2661568	114.53	196,609	22,517,628.77
2.69	700 HK	TENCENT HOLDINGS LTD	BMMV2K8	39.50	541,443	21,385,689.60
2.67	TSLA	TESLA INC	B616C79	238.72	88,930	21,229,369.60
2.65	CSCO	CISCO SYSTEMS INC	2198163	47.93	439,318	21,056,511.74
2.43	UBER	UBER TECHNOLOGIES INC	BK6N347	57.97	333,266	19,319,430.02
2.29	BABA	ALIBABA GRP-ADR	BP41ZD1	72.38	250,791	18,152,252.58
1.85	SHOP	SHOPIFY INC - CLASS A	BXDZ9Z0	74.72	196,991	14,719,167.52
1.67	SNPS	SYNOPSYS INC	2867719	535.71	24,781	13,275,429.51
1.49	CDNS	CADENCE DESIGN SYS INC	2302232	262.18	45,038	11,808,062.84
1.45	000660 KS	SK HYNIX INC	6450267	96.03	119,847	11,508,895.39
1.34	TRI	THOMSON REUTERS CORP	BNBXPB4	142.15	74,766	10,627,986.90
1.24	3690 HK	MEITUAN-CLASS B	BGJW376	10.83	906,715	9,817,275.68
1.16	WDAY	WORKDAY INC-CLASS A	B8K6ZD1	267.76	34,277	9,178,009.52
1.11	NXPI	NXP SEMICONDUCTORS NV	B505PN7	205.83	42,817	8,813,023.11
1.05	IFX GR	INFINEON TECHNOLOGIES AG	5889505	38.80	215,412	8,357,413.00
0.90	STMMI IM	STMICROELECTRONICS NV	5962343	47.61	150,671	7,173,336.50
0.76	WKL NA	WOLTERS KLUWER	5671519	140.36	42,958	6,029,763.03
0.72	DDOG	DATADOG INC - CLASS A	BKT9Y49	118.07	48,370	5,711,045.90
0.71	EXPN LN	EXPERIAN PLC	B19NLV4	37.42	150,949	5,648,736.01
0.66	BIDU	BAIDU INC - SPON ADR	B0FXT17	113.55	45,961	5,218,871.55
0.65	ROK	ROCKWELL AUTOMATION INC	2754060	275.00	18,859	5,186,225.00
0.64	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	67.93	74,921	5,089,383.53
0.63	6702 JP	FUJITSU LIMITED	6356945	143.03	34,805	4,978,057.85
0.63	TTD	TRADE DESK INC-A	BD8FDD1	68.33	72,815	4,975,448.95
0.60	ZS	ZSCALER INC	BZ00V34	198.91	23,932	4,760,314.12
0.59	6954 JP	FANUC CORP	6356934	28.09	166,069	4,664,675.63
0.51	SPLK	SPLUNK INC	B424494	151.38	26,916	4,074,544.08
0.46	EBAY	EBAY INC	2293819	41.48	87,943	3,647,875.64
0.43	HPE	HEWLETT PACKA	BYVYWS0	16.08	211,204	3,396,160.32
0.41	SNAP	SNAP INC - A	BD8DJ71	14.60	222,459	3,247,901.40
0.41	PATH	UIPATH INC - CLASS A	BMD02L5	24.67	131,648	3,247,756.16
0.41	INFA	INFORMATICA INC - CLASS A	BMG95P4	26.03	123,592	3,217,099.76
0.40	CYBR	CYBERARK SOFTWAR	BQT3XY6	203.90	15,439	3,148,012.10
0.37	STX	SEAGATE TECHNOLO	BKVD2N4	76.96	38,234	2,942,488.64
0.37	STNE	STONECO LTD-A	BGKG6M3	16.21	179,164	2,904,248.44
0.36	WIX	WIX.COM LTD	BFZCHN7	105.46	27,276	2,876,526.96
0.36	3661 TT	ALCHIP TECHNOLOGIES LTD	B4TPSL0	102.90	27,690	2,849,335.43
0.36	FRSH	FRESHWORKS INC-CL A	BPF0BB7	20.88	136,118	2,842,143.84
0.35	ERIC	ERICSSON (LM) TEL-SP ADR	2031730	5.46	506,006	2,762,792.76
0.35	BAH	BOOZ ALLEN HAMIL	B5367T7	128.05	21,571	2,762,166.55
0.33	6701 JP	NEC CORP	6640400	53.94	48,002	2,589,278.88
0.32	TWLO	TWILIO INC - A	BD6P5Q0	68.38	37,199	2,543,667.62
0.32	HUBB	HUBBELL INC	BDFG6S3	299.82	8,478	2,541,873.96
0.31	SMAR	SMARTSHEET INC-CLASS A	BFZND98	45.26	54,436	2,463,773.36
0.31	CCCS	CCC INTELLIGENT	BP4CXL8	11.77	209,194	2,462,213.38
0.30	OKTA	OKTA INC	BDFZSP1	72.69	32,636	2,372,310.84
0.29	TEMN SW	TEMENOS AG - REG	7147892	86.68	26,857	2,328,098.22
0.29	6502 JP	TOSHIBA CORP	6897217	31.27	72,578	2,269,527.21
0.28	2353 TT	ACER INC	6005850	1.09	2,074,800	2,260,195.32
0.28	PEGA	PEGASYSTEMS INC	2675860	52.63	42,510	2,237,301.30
0.28	SMCI	SUPER MICRO COMPUTER INC	B1VQR35	262.96	8,399	2,208,601.04
0.27	BZ	KANZHUN LTD - ADR	BM91SH0	14.63	148,409	2,171,223.67
0.27	5803 JP	FUJIKURA LTD	6356707	7.55	281,459	2,124,742.32
0.27	3665 TT	BIZLINK HOLDING INC	B5SG8Y4	8.61	244,168	2,101,520.59
0.26	IONQ	IONQ INC	BP484B3	13.01	160,290	2,085,372.90
0.26	G	GENPACT LTD	B23DBK6	34.14	60,953	2,080,935.42
0.26	2395 TT	ADVANTECH CO LTD	6202673	11.15	185,257	2,065,177.36
0.25	TDC	TERADATA CORP	B247H10	47.57	42,238	2,009,261.66
0.25	TIETO FH	TIETOEVRY OYJ	5479702	21.49	93,181	2,002,669.07
0.25	PCOR	PROCORE TECHNOLOGIES INC	BLH11J8	61.18	32,436	1,984,434.48
0.25	AMP IM	AMPLIFON SPA	B14NJ71	29.92	65,637	1,963,897.06
0.24	DXC	DXC TECHNOLOGY CO	BYXD7B3	23.46	82,734	1,940,939.64
0.24	6526 JP	SOCIONEXT INC	BMTVX75	81.88	23,427	1,918,209.54
0.24	ZBRA	ZEBRA TECH CORP	2989356	234.36	8,157	1,911,674.52
0.23	XRO AU	XERO LTD	B8P4LP4	66.80	27,554	1,840,598.01
0.21	AMBA	AMBARELLA INC	B7KH3G6	56.69	29,270	1,659,316.30
0.21	VSAT	VIASAT INC	2946243	22.47	73,145	1,643,568.15
0.20	3443 TT	GLOBAL UNICHIP CORP	B056381	51.77	31,200	1,615,168.41
0.20	CGNX	COGNEX CORP	2208288	37.96	40,800	1,548,768.00
0.19		CASH		1.00	1,506,024	1,506,024.42
0.19	VRNT	VERINT SYSTEMS INC	2849193	24.26	61,379	1,489,054.54
0.19	ENV	ENVESTNET INC	B474ZK7	39.23	37,510	1,471,517.30
0.02		OTHER PAYABLE & RECEIVABLES		1.00	152,976	152,976.04
0.00		JAPANESE YEN		0.01	5,022,487	34,142.19
0.00		EURO		1.08	-333	-359.58
-0.01		TAIWAN DOLLAR		0.03	-2,369,684	-75,260.32
-0.04		KOREAN WON		0.00	-446,554,754	-340,608.48

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

Exposure As of 11/30/23

	Sector	Weight (%)
	Information Technology	64.4
	Communication Services	13.5
	Consumer Discretionary	10.3
	Industrials	9.6
	Financials	1.3
	Health Care	0.9

Source: new windowAltaVista Research, LLC

	Industry	Weight (%)
	Packaged Software	23.1
	Internet Software/Services	17.1
	Information Technology Services	16.9
	Semiconductors	12.2
	Telecommunications Equipment	9.6
	Internet Retail	7.5
	Industrial Conglomerates	3.0
	Motor Vehicles	2.7
	Miscellaneous Commercial Services	1.4
	Electrical Products	1.3
	Computer Processing Hardware	1.3
	Other	3.9

Source: new windowAltaVista Research, LLC

	Country	Weight (%)
	United States	67.7
	China	7.3
	South Korea	4.5
	Ireland	4.2
	Germany	4.0
	Canada	3.1
	Japan	2.4
	Netherlands	1.9
	Taiwan	1.4
	Switzerland	1.2
	Israel	0.8
	Other	1.5

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 12/04/23

Return on Equity	17.20%
Weighted Avg. Market Cap	490,526 M
	2022	2023
Price-to-earnings	29.42	27.23
Price-to-book value	4.78	4.56

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/23

Versus	Beta
S&P 500	1.15
NASDAQ-100	0.99
MSCI EAFE	1.06
MSCI Emg. Mkts	0.98
Standard Deviation	23.50%

Source: new windowAltaVista Research, LLC

ETF Research

ETF Documents

Latest Premium / Discount As of 12/05/23

NAV	$29.50
Market Price	$29.55
Premium / (Discount)	$0.05

Current View 2023 Q4 As of 12/05/23

Days at Premium	38
Days at NAV	0
Days at Discount	8
Greatest Premium	0.58%
Greatest Discount	-0.25%

Daily Premium / Discount History As of 12/05/23

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

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

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

What causes these time discrepancies?

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

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

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

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 10/31, AIQ was rated against the following numbers of Technology funds over the following time periods: 227 during the last 3 years, 204 during the last 5 years. With respect to these Technology funds, AIQ received a Morningstar Rating of 3, and 4 stars, respectively. Past performance is not indicative of future results.

© 2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which AIQ may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. AIQ 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. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

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

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. 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 Indxx, nor does Indxx 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 Indxx.

AIQ

Artificial Intelligence & Technology ETF

Morningstar Rating™ - Overall rating out of 227 Technology funds, based on risk-adjusted returns as of 10/31/2023

Reasons to Consider AIQ

High Growth Potential

Structural Tailwinds

Unconstrained Approach

Key Information As of 12/05/23

ETF Summary

ETF Objective

Trading Details As of 12/04/23

Distributions As of 12/05/23

ETF Prices As of 12/05/23

Performance History

Top Holdings As of 12/05/23

Exposure As of 11/30/23

ETF Characteristics As of 12/04/23

ETF Risk Stats As of 11/30/23

ETF Research

ChatGPT’s One-Year Anniversary: Generative AI’s Breakout Year

Data Centers: A Critical Facilitator in Cloud and AI Adoption

AI Applications in Healthcare: From Drug Discovery to Patient Care

ETF Documents