AUSF


Adaptive U.S. Factor ETF

Fund 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.

Fund 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.

Why AUSF?

Outperformance Potential

AUSF seeks to outperform traditional market capitalization weighted indexes by allocating across three factors 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.

Fund Details As of 09/24/21

Key Facts

Ticker AUSF
Inception Date 08/24/18
CUSIP 37954Y574
ISIN US37954Y5740
Bloomberg Index Ticker AWSUSF
Primary Exchange NYSE Arca
Number of Holdings 193

Stats & Fees

Net Assets $175,400,200
Net Asset Value (NAV) $30.14
Shares Outstanding 5,820,002
Total Expense Ratio 0.27%

Distributions

30-Day SEC Yield 2.63%
Distribution Frequency Quarterly

Fund Prices As of 09/24/21

NAV $30.14 Daily Change $0.05 0.17%
Market Price $30.15 Daily Change $0.06 0.20%
30-Day Median Bid-Ask Spread 0.30%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 43.47% 43.93% 43.97%
Since Inception 10.00% 10.01% 10.36%
1 Year 38.32% 38.44% 38.63%
3 Years 10.83% 10.79% 11.19%
Since Inception 10.76% 10.76% 11.11%
Year-to-Date 16.71% 16.93% 16.93%
1 Month -1.92% -1.98% -1.91%
3 Months 4.55% 4.33% 4.61%
Since Inception 31.22% 31.26% 32.45%
Year-to-Date 21.09% 21.28% 21.38%
1 Month 3.06% 3.13% 3.11%
3 Months 1.77% 1.67% 1.82%
Since Inception 36.15% 36.15% 37.48%

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.

Fund Characteristics As of 09/24/21

Return on Equity 16.20%
Weighted Avg. Market Cap 64,482 M
2020 2021
Price-to-earnings 17.75 13.02
Price-to-book value 2.23 2.01

Source: AltaVista Research, LLC

Fund Risk Stats As of 09/24/21

Versus Beta
S&P 500 1.11
MSCI EAFE 1.11
MSCI Emg. Mkts 0.90
Standard Deviation 22.10%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Financials 20.3
Health Care 14.5
Information Technology 13.7
Consumer Staples 10.3
Consumer Discretionary 9.0
Communication Services 8.7
Industrials 6.6
Real Estate 6.1
Materials 5.3
Energy 3.2
Utilities 2.5

Source: AltaVista Research, LLC

Top Holdings As of 09/24/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.01 PINC PREMIER INC-CLASS A BDZDRC5 38.84 90,970 3,533,274.80
1.94 DOX AMDOCS LTD 2256908 76.84 44,193 3,395,790.12
1.93 AGNC AGNC INVESTMENT CORP BYYHJL8 16.16 209,289 3,382,110.24
1.91 T AT&T INC 2831811 27.13 123,250 3,343,772.50
1.91 VZ VERIZON COMMUNIC 2090571 54.37 61,460 3,341,580.20
1.67 GRMN GARMIN LTD B3Z5T14 172.62 16,968 2,929,016.16
1.65 MMC MARSH & MCLENNAN COS 2567741 159.46 18,110 2,887,820.60
1.61 AJG ARTHUR J GALLAGHER & CO 2359506 154.04 18,308 2,820,164.32
1.60 RSG REPUBLIC SERVICES INC 2262530 124.81 22,448 2,801,734.88
1.58 PFE PFIZER INC 2684703 43.94 62,866 2,762,332.04
1.57 WM WASTE MANAGEMENT INC 2937667 154.19 17,803 2,745,044.57
1.54 MCD MCDONALD'S CORP 2550707 246.42 10,930 2,693,370.60
1.49 WMT WALMART INC 2936921 143.17 18,266 2,615,143.22
1.48 NLOK NORTONLIFELOCK INC BJN4XN5 25.82 100,766 2,601,778.12
1.47 KR KROGER CO 2497406 39.98 64,292 2,570,394.16
1.46 TYL TYLER TECHNOLOGIES INC 2909644 482.51 5,309 2,561,645.59
1.42 JNJ JOHNSON & JOHNSON 2475833 164.36 15,161 2,491,861.96
1.39 PNM PNM RESOURCES INC 2707826 49.50 49,189 2,434,855.50
1.38 CERN CERNER CORP 2185284 72.98 33,192 2,422,352.16
1.35 QGEN QIAGEN N.V. BYXS688 54.13 43,610 2,360,609.30
1.33 LMT LOCKHEED MARTIN CORP 2522096 349.52 6,664 2,329,201.28
1.29 JKHY JACK HENRY 2469193 171.38 13,186 2,259,816.68
1.27 FLO FLOWERS FOODS INC 2744243 23.41 94,976 2,223,388.16
1.19 CHTR CHARTER COMMUN-A BZ6VT82 739.17 2,832 2,093,329.44
1.05 PSA PUBLIC STORAGE 2852533 303.88 6,083 1,848,502.04
1.04 FIS FIDELITY NATIONA 2769796 122.03 14,995 1,829,839.85
1.03 CTXS CITRIX SYSTEMS INC 2182553 110.19 16,413 1,808,548.47
1.00 KO COCA-COLA CO/THE 2206657 53.89 32,493 1,751,047.77
0.82 RGLD ROYAL GOLD INC 2755706 100.23 14,345 1,437,799.35
0.74 MRK MERCK & CO. INC. 2778844 73.61 17,690 1,302,160.90
0.72 DGX QUEST DIAGNOSTICS INC 2702791 153.09 8,226 1,259,318.34
0.71 NLY ANNALY CAPITAL M 2113456 8.85 139,885 1,237,982.25
0.63 DKS DICK'S SPORTING GOODS INC 2969637 131.37 8,465 1,112,047.05
0.61 PEP PEPSICO INC 2681511 154.20 6,921 1,067,218.20
0.59 BIO BIO-RAD LABORATORIES-A 2098508 802.96 1,295 1,039,833.20
0.59 TGNA TEGNA INC BZ0P3Z5 21.22 48,955 1,038,825.10
0.59 BKR BAKER HUGHES CO BDHLTQ5 24.22 42,449 1,028,114.78
0.58 MOS MOSAIC CO/THE B3NPHP6 35.86 28,201 1,011,287.86
0.57 ZION ZIONS BANCORP NA 2989828 60.25 16,629 1,001,897.25
0.57 CMA COMERICA INC 2212870 78.44 12,676 994,305.44
0.56 JEF JEFFERIES FINANC BG0Q4Z2 37.29 26,363 983,076.27
0.56 NRZ NEW RESIDENT BRJ9GW0 11.07 88,706 981,975.42
0.56 FITB FIFTH THIRD BANCORP 2336747 41.51 23,507 975,775.57
0.56 NYCB NY COMM BANCORP 2711656 12.69 76,883 975,645.27
0.55 PACW PACWEST BANCORP 2619772 45.38 21,425 972,266.50
0.55 HFC HOLLYFRONTIER CORP B5VX1H6 32.31 29,816 963,354.96
0.55 IPG INTERPUBLIC GRP 2466321 38.88 24,669 959,130.72
0.55 LNC LINCOLN NATIONAL CORP 2516378 68.53 13,976 957,775.28
0.54 KNX KNIGHT-SWIFT TRA BF0LKD0 52.08 18,311 953,636.88
0.54 OGN ORGANON & CO BLDC8J4 33.69 28,189 949,687.41
0.54 UMPQ UMPQUA HOLDINGS CORP 2484389 20.09 47,261 949,473.49
0.54 MTG MGIC INVESTMENT CORP 2548616 15.06 62,862 946,701.72
0.54 NXST NEXSTAR MEDIA-A 2949758 158.30 5,942 940,618.60
0.54 NVT NVENT ELECTRIC PLC BDVJJQ5 32.70 28,715 938,980.50
0.53 KEY KEYCORP 2490911 21.14 44,240 935,233.60
0.53 FOXA FOX CORP - CLASS A BJJMGL2 39.26 23,726 931,482.76
0.53 CSCO CISCO SYSTEMS INC 2198163 56.73 16,412 931,052.76
0.53 HBAN HUNTINGTON BANCSHARES INC 2445966 15.19 61,118 928,382.42
0.53 DTM DT MIDSTREAM INC BN7L880 45.25 20,509 928,032.25
0.53 CIT CIT GROUP INC B4Z73G0 52.00 17,826 926,952.00
0.53 MTB M & T BANK CORP 2340168 143.26 6,454 924,600.04
0.53 OKE ONEOK INC 2130109 57.47 16,061 923,025.67
0.53 RF REGIONS FINANCIAL CORP B01R311 20.65 44,631 921,630.15
0.52 TSN TYSON FOODS INC-CL A 2909730 76.22 12,015 915,783.30
0.52 HRB H&R BLOCK INC 2105505 25.54 35,795 914,204.30
0.52 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 16.73 54,347 909,225.31
0.52 C CITIGROUP INC 2297907 71.18 12,771 909,039.78
0.52 OZK BANK OZK BZ56Q65 42.31 21,470 908,395.70
0.52 GD GENERAL DYNAMICS CORP 2365161 197.42 4,588 905,762.96
0.52 STX SEAGATE TECHNOLO BKVD2N4 86.08 10,496 903,495.68
0.52 PRU PRUDENTIAL FINANCIAL INC 2819118 103.75 8,706 903,247.50
0.51 DISH DISH NETWORK CORP-A 2303581 43.31 20,823 901,844.13
0.51 JNPR JUNIPER NETWORKS INC 2431846 28.53 31,607 901,747.71
0.51 HUN HUNTSMAN CORP B0650B9 26.91 33,334 897,017.94
0.51 MET METLIFE INC 2573209 61.36 14,556 893,156.16
0.51 ADM ARCHER-DANIELS-MIDLAND CO 2047317 59.76 14,924 891,858.24
0.51 BG BUNGE LTD 2788713 78.77 11,314 891,203.78
0.51 WBA WALGREENS BOOTS BTN1Y44 48.31 18,400 888,904.00
0.51 MO ALTRIA GROUP INC 2692632 48.46 18,316 887,593.36
0.50 ADS ALLIANCE DATA 2762030 102.38 8,601 880,570.38
0.50 CFG CITIZENS FINANCIAL GROUP BQRX1X3 45.32 19,383 878,437.56
0.50 CBRL CRACKER BARREL 2231091 144.94 6,047 876,452.18
0.50 CVS CVS HEALTH CORP 2577609 84.71 10,338 875,731.98
0.50 FHN FIRST HORIZON CORP 2341484 16.08 54,380 874,430.40
0.50 PFG PRINCIPAL FINANCIAL GROUP 2803014 64.45 13,550 873,297.50
0.50 VLY VALLEY NATIONAL BANCORP 2935326 13.18 66,256 873,254.08
0.50 SNV SYNOVUS FINANCIAL CORP BMH4NJ8 42.83 20,333 870,862.39
0.50 OMC OMNICOM GROUP 2279303 74.73 11,651 870,679.23
0.49 STLD STEEL DYNAMICS INC 2849472 59.84 14,446 864,448.64
0.49 WMB WILLIAMS COS INC 2967181 25.40 33,967 862,761.80
0.49 RDN RADIAN GROUP INC 2173911 22.30 38,680 862,564.00
0.49 KBH KB HOME 2485070 41.18 20,934 862,062.12
0.49 CTVA CORTEVA INC BK73B42 42.31 20,343 860,712.33
0.49 IP INTERNATIONAL PAPER CO 2465254 56.97 15,081 859,164.57
0.49 RGA REINSURANCE GROU 2731193 110.14 7,774 856,228.36
0.49 BXMT BLACKSTONE MOR-A B94QHZ0 31.12 27,461 854,586.32
0.49 LUMN LUMEN TECHNOLOGIES INC BMDH249 12.93 66,088 854,517.84
0.49 STWD STARWOOD PROPERT B3PQ520 25.40 33,587 853,109.80
0.49 IBM IBM 2005973 137.49 6,192 851,338.08
0.48 HPQ HP INC BYX4D52 27.89 30,109 839,740.01
0.48 AFL AFLAC INC 2026361 52.63 15,937 838,764.31
0.48 VIAC VIACOMCBS INC - CLASS B BKTNTR9 39.99 20,873 834,711.27
0.48 IVZ INVESCO LTD B28XP76 24.94 33,461 834,517.34
0.47 UBSI UNITED BANKSHARES INC 2905794 33.70 24,667 831,277.90
0.47 WHR WHIRLPOOL CORP 2960384 210.16 3,953 830,762.48
0.47 INTC INTEL CORP 2463247 54.22 15,269 827,885.18
0.47 HII HUNTINGTON INGAL B40SSC9 195.37 4,235 827,391.95
0.47 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 93.10 8,845 823,469.50
0.47 ORI OLD REPUBLIC INTL CORP 2659109 22.99 35,672 820,099.28
0.47 DOW DOW INC BHXCF84 56.81 14,377 816,757.37
0.46 UHS UNIVERSAL HLTH-B 2923785 144.76 5,591 809,353.16
0.46 HPE HEWLETT PACKA BYVYWS0 13.41 60,346 809,239.86
0.46 SLG SL GREEN REALTY CORP BM8F3T0 73.25 10,992 805,164.00
0.46 PRGO PERRIGO CO PLC BGH1M56 43.00 18,648 801,864.00
0.45 KMI KINDER MORGAN INC B3NQ4P8 16.53 48,103 795,142.59
0.45 KHC KRAFT HEINZ CO/THE BYRY499 36.39 21,810 793,665.90
0.45 SJM JM SMUCKER CO/THE 2951452 119.11 6,628 789,461.08
0.45 ABBV ABBVIE INC B92SR70 107.07 7,340 785,893.80
0.45 DUK DUKE ENERGY CORP B7VD3F2 98.46 7,936 781,378.56
0.43 UNM UNUM GROUP 2433842 24.34 31,112 757,266.08
0.43 CAH CARDINAL HEALTH INC 2175672 51.19 14,653 750,087.07
0.43 CI CIGNA CORP BHJ0775 203.89 3,676 749,499.64
0.43 NWL NEWELL BRANDS INC 2635701 23.67 31,507 745,770.69
0.43 QRTEA QURATE RETAIL-A BZ19HB0 10.45 71,315 745,241.75
0.42 CNC CENTENE CORP 2807061 62.82 11,776 739,768.32
0.40 FL FOOT LOCKER INC 2980906 48.23 14,632 705,701.36
0.39 SMG SCOTTS MIRACLE-GRO CO 2781518 144.85 4,699 680,650.15
0.25 SUI SUN COMMUNITIES INC 2860257 190.80 2,336 445,708.80
0.23 DHR DANAHER CORP 2250870 324.50 1,257 407,896.50
0.20 COST COSTCO WHOLESALE CORP 2701271 467.75 753 352,215.75
0.20 YUM YUM! BRANDS INC 2098876 125.52 2,718 341,163.36
0.18 CASH 1.00 321,520 321,520.48
0.18 FTDR FRONTDOOR INC BFYF094 42.32 7,504 317,569.28
0.18 PG PROCTER & GAMBLE CO/THE 2704407 143.55 2,178 312,651.90
0.17 ACN ACCENTURE PLC-CL A B4BNMY3 339.23 883 299,540.09
0.17 CUBE CUBESMART B6SW913 50.15 5,809 291,321.35
0.17 LLY ELI LILLY & CO 2516152 231.68 1,248 289,136.64
0.16 EXR EXTRA SPACE STORAGE INC B02HWR9 172.61 1,663 287,050.43
0.16 TMUS T-MOBILE US INC B94Q9V0 129.43 2,211 286,169.73
0.16 AZO AUTOZONE INC 2065955 1,694.83 167 283,036.61
0.16 ORCL ORACLE CORP 2661568 89.94 3,056 274,856.64
0.16 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 240.77 1,131 272,310.87
0.15 MORN MORNINGSTAR INC B081VR8 278.65 972 270,847.80
0.15 ATR APTARGROUP INC 2045247 120.36 2,208 265,754.88
0.15 LBRDK LIBERTY BROADBAND-C BRTLC06 175.68 1,455 255,614.40
0.14 BKI BLACK KNIGHT INC BDG75V1 70.58 3,370 237,854.60
0.14 DG DOLLAR GENERAL CORP B5B1S13 217.71 1,089 237,086.19
0.13 NFG NATIONAL FUEL GAS CO 2626103 51.80 4,500 233,100.00
0.13 CHRW CH ROBINSON 2116228 88.51 2,579 228,267.29
0.13 MDT MEDTRONIC PLC BTN1Y11 130.02 1,734 225,454.68
0.12 WSO WATSCO INC 2943039 277.57 781 216,782.17
0.12 CABO CABLE ONE INC BZ07DS4 1,859.53 116 215,705.48
0.12 MDLZ MONDELEZ INTER-A B8CKK03 60.36 3,412 205,948.32
0.11 ADP AUTOMATIC DATA PROCESSING 2065308 202.22 980 198,175.60
0.11 AEP AMERICAN ELECTRIC POWER 2026242 82.05 2,399 196,837.95
0.11 HSY HERSHEY CO/THE 2422806 174.04 1,086 189,007.44
0.11 AON AON PLC-CLASS A BLP1HW5 299.17 631 188,776.27
0.11 CHE CHEMED CORP 2190084 468.39 393 184,077.27
0.10 NOC NORTHROP GRUMMAN CORP 2648806 355.70 511 181,762.70
0.10 SO SOUTHERN CO/THE 2829601 63.16 2,817 177,921.72
0.10 CMS CMS ENERGY CORP 2219224 60.76 2,900 176,204.00
0.10 CHD CHURCH & DWIGHT CO INC 2195841 82.98 2,092 173,594.16
0.10 ELS EQUITY LIFESTYLE 2563125 80.84 2,060 166,530.40
0.09 COR CORESITE REALTY CORP B3T3VV8 147.06 1,107 162,795.42
0.09 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 223.49 725 162,030.25
0.09 PGR PROGRESSIVE CORP 2705024 91.56 1,709 156,476.04
0.09 ESS ESSEX PROPERTY TRUST INC 2316619 327.52 462 151,314.24
0.09 ED CONSOLIDATED EDISON INC 2216850 73.00 2,067 150,891.00
0.08 AEE AMEREN CORPORATION 2050832 83.57 1,745 145,829.65
0.08 SBUX STARBUCKS CORP 2842255 114.11 1,269 144,805.59
0.08 ARE ALEXANDRIA REAL 2009210 195.39 727 142,048.53
0.08 UHAL AMERCO 2028174 652.51 217 141,594.67
0.08 DLR DIGITAL REALTY TRUST INC B03GQS4 152.72 922 140,807.84
0.08 EA ELECTRONIC ARTS INC 2310194 129.90 1,079 140,162.10
0.08 FCN FTI CONSULTING INC 2351449 134.13 1,025 137,483.25
0.08 WAT WATERS CORP 2937689 393.58 345 135,785.10
0.08 BRK/B BERKSHIRE HATH-B 2073390 277.87 481 133,655.47
0.08 DPZ DOMINO'S PIZZA INC B01SD70 489.84 272 133,236.48
0.08 GILD GILEAD SCIENCES INC 2369174 71.19 1,868 132,982.92
0.07 BAX BAXTER INTERNATIONAL INC 2085102 80.85 1,591 128,632.35
0.07 LNT ALLIANT ENERGY CORP 2973821 57.11 2,226 127,126.86
0.07 ERIE ERIE INDEMNITY-A 2311711 180.96 701 126,852.96
0.07 PAYX PAYCHEX INC 2674458 109.98 1,148 126,257.04
0.07 SON SONOCO PRODUCTS CO 2821395 60.30 2,070 124,821.00
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 110.13 1,130 124,446.90
0.07 WRB WR BERKLEY CORP 2093644 73.31 1,694 124,187.14
0.07 HE HAWAIIAN ELECTRIC INDS 2415204 41.14 2,996 123,255.44
0.07 CHNG CHANGE HEALTHCARE INC BK5CVS5 21.37 5,758 123,048.46
0.07 BMY BRISTOL-MYERS SQUIBB CO 2126335 60.23 2,015 121,363.45
0.07 DIS WALT DISNEY CO/THE 2270726 176.00 667 117,392.00
0.07 APD AIR PRODS & CHEM 2011602 259.56 450 116,802.00
0.07 CLX CLOROX COMPANY 2204026 164.56 697 114,698.32
0.06 ZNGA ZYNGA INC - CL A B79PX49 7.65 13,486 103,167.90
0.06 HRL HORMEL FOODS CORP 2437264 40.80 2,524 102,979.20
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. 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.