AUSF


Adaptive U.S. Factor ETF

Reasons to Consider AUSF

Outperformance Potential

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

Dynamic Factor Allocation

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

Tax Efficient

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

Key Information As of 10/27/21

Inception Date 08/24/18
Total Expense Ratio 0.27%
Net Assets $175.42 million
NAV $30.40
Fact Sheet

ETF Summary

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

ETF Objective

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

Trading Details As of 10/27/21

Ticker AUSF
Bloomberg Index Ticker AWSUSF
CUSIP 37954Y574
ISIN US37954Y5740
Primary Exchange NYSE Arca
Shares Outstanding 5,770,002
Number of Holdings 194
30-Day Median Bid-Ask Spread 0.29%

Distributions As of 10/27/21

30-Day SEC Yield 2.64%
Distribution Frequency Quarterly

ETF Prices As of 10/27/21

NAV $30.40 Daily Change -$0.59 -1.89%
Market Price $30.41 Daily Change -$0.59 -1.90%

Performance History

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

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 10/27/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
1.99 PINC PREMIER INC-CLASS A BDZDRC5 38.27 90,979 3,481,766.33
1.96 DOX AMDOCS LTD 2256908 77.69 44,199 3,433,820.31
1.94 AGNC AGNC INVESTMENT CORP BYYHJL8 16.25 209,335 3,401,693.75
1.84 VZ VERIZON COMMUNIC 2090571 52.63 61,476 3,235,481.88
1.76 T AT&T INC 2831811 25.06 123,281 3,089,421.86
1.73 MMC MARSH & MCLENNAN COS 2567741 167.64 18,125 3,038,475.00
1.69 AJG ARTHUR J GALLAGHER & CO 2359506 162.20 18,323 2,971,990.60
1.65 RSG REPUBLIC SERVICES INC 2262530 129.13 22,467 2,901,163.71
1.59 TYL TYLER TECHNOLOGIES INC 2909644 525.36 5,316 2,792,813.76
1.58 WM WASTE MANAGEMENT INC 2937667 155.15 17,820 2,764,773.00
1.54 PFE PFIZER INC 2684703 42.97 62,929 2,704,059.13
1.54 WMT WALMART INC 2936921 147.53 18,288 2,698,028.64
1.51 MCD MCDONALD'S CORP 2550707 242.73 10,940 2,655,466.20
1.48 NLOK NORTONLIFELOCK INC BJN4XN5 25.81 100,883 2,603,790.23
1.45 KR KROGER CO 2497406 39.48 64,368 2,541,248.64
1.42 JNJ JOHNSON & JOHNSON 2475833 163.74 15,198 2,488,520.52
1.42 GRMN GARMIN LTD B3Z5T14 146.21 16,987 2,483,669.27
1.40 PNM PNM RESOURCES INC 2707826 49.78 49,258 2,452,063.24
1.34 FLO FLOWERS FOODS INC 2744243 24.65 95,126 2,344,855.90
1.32 QGEN QIAGEN N.V. BYXS688 53.44 43,235 2,310,478.40
1.31 CERN CERNER CORP 2185284 69.89 32,907 2,299,870.23
1.25 LMT LOCKHEED MARTIN CORP 2522096 330.94 6,609 2,187,182.46
1.24 JKHY JACK HENRY 2469193 164.70 13,244 2,181,286.80
1.14 CHTR CHARTER COMMUN-A BZ6VT82 714.51 2,807 2,005,629.57
1.11 PSA PUBLIC STORAGE 2852533 322.44 6,033 1,945,280.52
1.02 KO COCA-COLA CO/THE 2206657 55.52 32,213 1,788,465.76
0.97 FIS FIDELITY NATIONA 2769796 114.21 14,865 1,697,731.65
0.88 CTXS CITRIX SYSTEMS INC 2182553 94.98 16,273 1,545,609.54
0.82 RGLD ROYAL GOLD INC 2755706 101.31 14,220 1,440,628.20
0.82 MRK MERCK & CO. INC. 2778844 81.54 17,540 1,430,211.60
0.68 NLY ANNALY CAPITAL M 2113456 8.60 138,680 1,192,648.00
0.67 DGX QUEST DIAGNOSTICS INC 2702791 143.94 8,156 1,173,974.64
0.66 MOS MOSAIC CO/THE B3NPHP6 41.16 27,956 1,150,668.96
0.63 JEF JEFFERIES FINANC BG0Q4Z2 42.19 26,143 1,102,973.17
0.63 PEP PEPSICO INC 2681511 160.61 6,861 1,101,945.21
0.61 CMA COMERICA INC 2212870 84.68 12,566 1,064,088.88
0.60 BKR BAKER HUGHES CO BDHLTQ5 25.01 42,084 1,052,520.84
0.59 HUN HUNTSMAN CORP B0650B9 31.51 33,044 1,041,216.44
0.59 OKE ONEOK INC 2130109 65.21 15,921 1,038,208.41
0.59 ZION ZIONS BANCORP NA 2989828 62.88 16,484 1,036,513.92
0.59 RF REGIONS FINANCIAL CORP B01R311 23.37 44,246 1,034,029.02
0.58 DKS DICK'S SPORTING GOODS INC 2969637 122.19 8,390 1,025,174.10
0.58 KEY KEYCORP 2490911 23.29 43,860 1,021,499.40
0.58 LNC LINCOLN NATIONAL CORP 2516378 73.40 13,856 1,017,030.40
0.58 BG BUNGE LTD 2788713 90.62 11,214 1,016,212.68
0.58 HFC HOLLYFRONTIER CORP B5VX1H6 34.18 29,561 1,010,394.98
0.58 FITB FIFTH THIRD BANCORP 2336747 43.24 23,307 1,007,794.68
0.57 MTG MGIC INVESTMENT CORP 2548616 16.04 62,317 999,564.68
0.57 OGN ORGANON & CO BLDC8J4 35.72 27,944 998,159.68
0.57 NRZ NEW RESIDENT BRJ9GW0 11.32 87,941 995,492.12
0.57 KNX KNIGHT-SWIFT TRA BF0LKD0 54.72 18,156 993,496.32
0.56 BIO BIO-RAD LABORATORIES-A 2098508 764.62 1,285 982,536.70
0.56 NYCB NY COMM BANCORP 2711656 12.82 76,218 977,114.76
0.56 DTM DT MIDSTREAM INC BN7L880 47.85 20,334 972,981.90
0.55 PACW PACWEST BANCORP 2619772 45.71 21,245 971,108.95
0.55 HBAN HUNTINGTON BANCSHARES INC 2445966 15.97 60,593 967,670.21
0.55 PRU PRUDENTIAL FINANCIAL INC 2819118 111.76 8,631 964,600.56
0.55 TSN TYSON FOODS INC-CL A 2909730 80.63 11,910 960,303.30
0.54 ADM ARCHER-DANIELS-MIDLAND CO 2047317 64.53 14,794 954,656.82
0.54 MTB M & T BANK CORP 2340168 149.11 6,399 954,154.89
0.54 TGNA TEGNA INC BZ0P3Z5 19.64 48,530 953,129.20
0.54 WMB WILLIAMS COS INC 2967181 28.30 33,672 952,917.60
0.54 FOXA FOX CORP - CLASS A BJJMGL2 40.20 23,521 945,544.20
0.54 UMPQ UMPQUA HOLDINGS CORP 2484389 20.11 46,851 942,173.61
0.54 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 17.48 53,877 941,769.96
0.53 SNV SYNOVUS FINANCIAL CORP BMH4NJ8 46.47 20,158 936,742.26
0.53 GD GENERAL DYNAMICS CORP 2365161 205.79 4,548 935,932.92
0.53 JNPR JUNIPER NETWORKS INC 2431846 29.82 31,332 934,320.24
0.53 MET METLIFE INC 2573209 64.29 14,431 927,768.99
0.53 STLD STEEL DYNAMICS INC 2849472 64.56 14,321 924,563.76
0.53 OZK BANK OZK BZ56Q65 43.41 21,285 923,981.85
0.52 NVT NVENT ELECTRIC PLC BDVJJQ5 32.30 28,475 919,742.50
0.52 STX SEAGATE TECHNOLO BKVD2N4 88.03 10,406 916,040.18
0.52 CSCO CISCO SYSTEMS INC 2198163 56.18 16,272 914,160.96
0.52 RDN RADIAN GROUP INC 2173911 23.84 38,345 914,144.80
0.52 RGA REINSURANCE GROU 2731193 118.00 7,709 909,662.00
0.52 CFG CITIZENS FINANCIAL GROUP BQRX1X3 47.22 19,213 907,237.86
0.52 CVS CVS HEALTH CORP 2577609 88.09 10,248 902,746.32
0.51 FHN FIRST HORIZON CORP 2341484 16.68 53,910 899,218.80
0.51 PFG PRINCIPAL FINANCIAL GROUP 2803014 66.47 13,430 892,692.10
0.51 C CITIGROUP INC 2297907 70.31 12,661 890,194.91
0.51 HPQ HP INC BYX4D52 29.70 29,849 886,515.30
0.50 AFL AFLAC INC 2026361 56.00 15,797 884,632.00
0.50 BXMT BLACKSTONE MOR-A B94QHZ0 32.43 27,226 882,939.18
0.50 VLY VALLEY NATIONAL BANCORP 2935326 13.42 65,686 881,506.12
0.50 IPG INTERPUBLIC GRP 2466321 36.02 24,454 880,833.08
0.50 HPE HEWLETT PACKA BYVYWS0 14.58 59,826 872,263.08
0.50 CIT CIT GROUP INC B4Z73G0 49.13 17,671 868,176.23
0.49 UBSI UNITED BANKSHARES INC 2905794 35.29 24,452 862,911.08
0.49 MO ALTRIA GROUP INC 2692632 47.50 18,161 862,647.50
0.49 WBA WALGREENS BOOTS BTN1Y44 47.12 18,240 859,468.80
0.49 DISH DISH NETWORK CORP-A 2303581 41.42 20,648 855,240.16
0.49 NXST NEXSTAR MEDIA-A 2949758 145.08 5,892 854,811.36
0.49 HII HUNTINGTON INGAL B40SSC9 202.64 4,200 851,088.00
0.48 CTVA CORTEVA INC BK73B42 42.11 20,168 849,274.48
0.48 ORI OLD REPUBLIC INTL CORP 2659109 23.96 35,367 847,393.32
0.48 STWD STARWOOD PROPERT B3PQ520 25.30 33,302 842,540.60
0.47 KBH KB HOME 2485070 40.03 20,754 830,782.62
0.47 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 94.45 8,770 828,326.50
0.47 IVZ INVESCO LTD B28XP76 24.94 33,171 827,284.74
0.47 KMI KINDER MORGAN INC B3NQ4P8 17.30 47,688 825,002.40
0.47 PRGO PERRIGO CO PLC BGH1M56 44.62 18,488 824,934.56
0.47 CNC CENTENE CORP 2807061 70.55 11,676 823,741.80
0.47 UNM UNUM GROUP 2433842 26.70 30,847 823,614.90
0.47 HRB H&R BLOCK INC 2105505 23.03 35,485 817,219.55
0.46 DUK DUKE ENERGY CORP B7VD3F2 102.76 7,871 808,823.96
0.46 SJM JM SMUCKER CO/THE 2951452 123.00 6,573 808,479.00
0.46 LUMN LUMEN TECHNOLOGIES INC BMDH249 11.85 67,452 799,306.20
0.46 DOW DOW INC BHXCF84 56.00 14,252 798,112.00
0.45 OMC OMNICOM GROUP 2279303 69.02 11,551 797,250.02
0.45 WHR WHIRLPOOL CORP 2960384 202.10 3,918 791,827.80
0.45 ABBV ABBVIE INC B92SR70 108.40 7,275 788,610.00
0.45 KHC KRAFT HEINZ CO/THE BYRY499 36.40 21,620 786,968.00
0.44 CI CIGNA CORP BHJ0775 213.40 3,646 778,056.40
0.44 CBRL CRACKER BARREL 2231091 128.84 5,997 772,653.48
0.44 IBM IBM 2005973 125.17 6,142 768,794.14
0.44 SLG SL GREEN REALTY CORP BM8F3T0 69.98 10,897 762,536.10
0.43 ADS ALLIANCE DATA 2762030 88.50 8,526 754,551.00
0.43 IP INTERNATIONAL PAPER CO 2465254 50.18 14,956 750,492.08
0.42 VIAC VIACOMCBS INC - CLASS B BKTNTR9 35.83 20,693 741,430.19
0.41 INTC INTEL CORP 2463247 47.89 15,139 725,006.71
0.40 QRTEA QURATE RETAIL-A BZ19HB0 9.85 70,700 696,395.00
0.40 UHS UNIVERSAL HLTH-B 2923785 124.92 5,541 692,181.72
0.39 CAH CARDINAL HEALTH INC 2175672 47.44 14,528 689,208.32
0.39 SMG SCOTTS MIRACLE-GRO CO 2781518 147.36 4,659 686,550.24
0.39 FL FOOT LOCKER INC 2980906 46.90 14,507 680,378.30
0.39 NWL NEWELL BRANDS INC 2635701 21.73 31,237 678,780.01
0.26 SUI SUN COMMUNITIES INC 2860257 196.08 2,316 454,121.28
0.22 DHR DANAHER CORP 2250870 305.24 1,247 380,634.28
0.21 COST COSTCO WHOLESALE CORP 2701271 488.32 748 365,263.36
0.19 YUM YUM! BRANDS INC 2098876 125.79 2,693 338,752.47
0.18 FTDR FRONTDOOR INC BFYF094 42.27 7,439 314,446.53
0.18 LLY ELI LILLY & CO 2516152 250.17 1,238 309,710.46
0.18 ACN ACCENTURE PLC-CL A B4BNMY3 354.05 873 309,085.65
0.17 PG PROCTER & GAMBLE CO/THE 2704407 141.83 2,158 306,069.14
0.17 AZO AUTOZONE INC 2065955 1,825.86 167 304,918.62
0.17 CUBE CUBESMART B6SW913 52.88 5,764 304,800.32
0.17 EXR EXTRA SPACE STORAGE INC B02HWR9 183.86 1,648 303,001.28
0.17 MORN MORNINGSTAR INC B081VR8 305.57 962 293,958.34
0.17 ORCL ORACLE CORP 2661568 96.03 3,031 291,066.93
0.16 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 250.05 1,121 280,306.05
0.16 ATR APTARGROUP INC 2045247 125.32 2,193 274,826.76
0.15 NFG NATIONAL FUEL GAS CO 2626103 57.77 4,465 257,943.05
0.15 TMUS T-MOBILE US INC B94Q9V0 116.62 2,191 255,514.42
0.14 CHRW CH ROBINSON 2116228 97.64 2,559 249,860.76
0.14 LBRDK LIBERTY BROADBAND-C BRTLC06 172.84 1,440 248,889.60
0.14 DG DOLLAR GENERAL CORP B5B1S13 220.37 1,079 237,779.23
0.14 BKI BLACK KNIGHT INC BDG75V1 71.18 3,340 237,741.20
0.12 WSO WATSCO INC 2943039 279.90 776 217,202.40
0.12 ADP AUTOMATIC DATA PROCESSING 2065308 221.95 970 215,291.50
0.12 MDT MEDTRONIC PLC BTN1Y11 122.50 1,719 210,577.50
0.12 CABO CABLE ONE INC BZ07DS4 1,766.56 116 204,920.96
0.12 MDLZ MONDELEZ INTER-A B8CKK03 60.39 3,387 204,540.93
0.11 AEP AMERICAN ELECTRIC POWER 2026242 84.30 2,379 200,549.70
0.11 AON AON PLC-CLASS A BLP1HW5 316.87 626 198,360.62
0.11 NOC NORTHROP GRUMMAN CORP 2648806 388.15 506 196,403.90
0.11 HSY HERSHEY CO/THE 2422806 179.51 1,076 193,152.76
0.10 SO SOUTHERN CO/THE 2829601 62.64 2,792 174,890.88
0.10 CHD CHURCH & DWIGHT CO INC 2195841 84.08 2,072 174,213.76
0.10 CMS CMS ENERGY CORP 2219224 60.35 2,875 173,506.25
0.10 ELS EQUITY LIFESTYLE 2563125 84.68 2,045 173,170.60
0.10 CHE CHEMED CORP 2190084 441.65 388 171,360.20
0.09 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 228.49 720 164,512.80
0.09 COR CORESITE REALTY CORP B3T3VV8 147.08 1,097 161,346.76
0.09 PGR PROGRESSIVE CORP 2705024 94.30 1,694 159,744.20
0.09 ESS ESSEX PROPERTY TRUST INC 2316619 341.92 457 156,257.44
0.09 ED CONSOLIDATED EDISON INC 2216850 75.99 2,052 155,931.48
0.09 UHAL AMERCO 2028174 713.87 217 154,909.79
0.09 EA ELECTRONIC ARTS INC 2310194 140.37 1,069 150,055.53
0.09 ARE ALEXANDRIA REAL 2009210 205.91 722 148,667.02
0.08 AEE AMEREN CORPORATION 2050832 84.46 1,730 146,115.80
0.08 FCN FTI CONSULTING INC 2351449 142.43 1,015 144,566.45
0.08 DLR DIGITAL REALTY TRUST INC B03GQS4 156.89 912 143,083.68
0.08 SBUX STARBUCKS CORP 2842255 113.51 1,259 142,909.09
0.08 PAYX PAYCHEX INC 2674458 122.48 1,138 139,382.24
0.08 ERIE ERIE INDEMNITY-A 2311711 198.07 696 137,856.72
0.08 BRK/B BERKSHIRE HATH-B 2073390 287.78 476 136,983.28
0.08 WRB WR BERKLEY CORP 2093644 80.26 1,679 134,756.54
0.08 APD AIR PRODS & CHEM 2011602 294.85 445 131,208.25
0.07 DPZ DOMINO'S PIZZA INC B01SD70 480.27 272 130,633.44
0.07 BAX BAXTER INTERNATIONAL INC 2085102 81.94 1,576 129,137.44
0.07 LNT ALLIANT ENERGY CORP 2973821 56.51 2,206 124,661.06
0.07 GILD GILEAD SCIENCES INC 2369174 66.77 1,853 123,724.81
0.07 WAT WATERS CORP 2937689 361.17 340 122,797.80
0.07 CHNG CHANGE HEALTHCARE INC BK5CVS5 21.18 5,708 120,895.44
0.07 HE HAWAIIAN ELECTRIC INDS 2415204 40.68 2,971 120,860.28
0.07 SON SONOCO PRODUCTS CO 2821395 58.12 2,055 119,436.60
0.07 CASH 1.00 118,626 118,625.59
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 104.30 1,120 116,816.00
0.06 BMY BRISTOL-MYERS SQUIBB CO 2126335 56.49 1,995 112,697.55
0.06 DIS WALT DISNEY CO/THE 2270726 169.55 662 112,242.10
0.06 CLX CLOROX COMPANY 2204026 159.57 692 110,422.44
0.06 HRL HORMEL FOODS CORP 2437264 42.26 2,499 105,607.74
0.06 ZNGA ZYNGA INC - CL A B79PX49 7.22 13,356 96,430.32
0.02 SLVM SYLVAMO CORP BMW72C8 27.48 1,359 37,345.32
Holdings are subject to change.

Sector Breakdown As of 09/30/21

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

Source: AltaVista Research, LLC

ETF Characteristics As of 10/27/21

Return on Equity 16.30%
Weighted Avg. Market Cap 60,972 M
2020 2021
Price-to-earnings 17.80 12.95
Price-to-book value 2.23 2.01

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/27/21

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

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. There is no guarantee that the Fund will achieve a high degree of correlation to the Underlying Index and therefore achieve its investment objective. Market disruptions and regulatory restrictions could have an adverse effect on the Fund’s ability to adjust its exposure to the required levels in order to track the Underlying Index. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index. Performance of companies in the financial sector may be adversely impacted by many factors, including, among others, government regulations, economic conditions, credit rating downgrades, changes in interest rates, and decreased liquidity in credit markets.  AUSF is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times.

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

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Adaptive Wealth Strategies® (AWS), nor does AWS make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with AWS.