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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 03/05/21

Key Facts

Ticker AUSF
Inception Date 08/24/18
CUSIP 37954Y574
ISIN US37954Y5740
Bloomberg Index Ticker AWSUSF
Primary Exchange NYSE Arca
Number of Holdings 191

Stats & Fees

Net Assets $159,010,004
Net Asset Value (NAV) $27.65
Shares Outstanding 5,750,002
Total Expense Ratio 0.27%

Distributions

30-Day SEC Yield 3.58%
Distribution Frequency Quarterly
 Distribution Calendar

Fund Documents

Fund Research

Fund Prices As of 03/05/21

NAV $27.65 Daily Change $0.58 2.15%
Market Price $27.65 Daily Change $0.64 2.37%
30-Day Median Bid-Ask Spread 0.36%

Performance History

Premium Discount Chart
As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 1.41% 1.25% 1.67%
Since Inception 5.11% 5.04% 5.43%
1 Year 19.73% 19.51% 20.17%
Since Inception 6.93% 6.87% 7.29%
Year-to-Date 1.41% 1.25% 1.67%
1 Month 3.46% 3.38% 3.48%
3 Months 17.70% 17.67% 17.70%
Since Inception 12.43% 12.26% 13.27%
Year-to-Date 5.30% 5.30% 5.39%
1 Month 4.77% 4.90% 4.82%
3 Months 8.94% 8.87% 9.06%
Since Inception 18.39% 18.21% 19.38%

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 03/05/21

Return on Equity 13.20%
Weighted Avg. Market Cap 57,141 M
2020 2021
Price-to-earnings 15.90 14.63
Price-to-book value 2.02 1.86

Source: AltaVista Research, LLC

Fund Risk Stats As of 03/05/21

Versus Beta
S&P 500 1.11
MSCI EAFE 1.10
MSCI Emg. Mkts 0.96
Standard Deviation 23.80%

Source: AltaVista Research, LLC

Sector Breakdown As of 02/28/21

% of Net Assets
Information Technology 19.5
Financials 15.7
Health Care 12.2
Consumer Staples 10.9
Real Estate 8.9
Consumer Discretionary 8.6
Industrials 7.0
Communication Services 6.2
Materials 5.3
Utilities 3.0
Energy 2.8

Source: AltaVista Research, LLC

Top Holdings As of 03/05/21

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.09 DOX AMDOCS LTD 2256908 77.27 42,974 3,320,600.98
2.01 KR KROGER CO 2497406 34.44 92,706 3,192,794.64
1.92 AGNC AGNC INVESTMENT CORP BYYHJL8 15.90 192,019 3,053,102.10
1.88 VZ VERIZON COMMUNIC 2090571 56.00 53,317 2,985,752.00
1.85 NLOK NORTONLIFELOCK INC BJN4XN5 20.19 146,015 2,948,042.85
1.49 WM WASTE MANAGEMENT INC 2937667 118.68 19,892 2,360,782.56
1.47 CTXS CITRIX SYSTEMS INC 2182553 135.47 17,263 2,338,618.61
1.45 EQC EQUITY COMMONWEALTH BPH3N63 28.71 80,420 2,308,858.20
1.44 RSG REPUBLIC SERVICES INC 2262530 94.45 24,172 2,283,045.40
1.43 GRMN GARMIN LTD B3Z5T14 122.42 18,628 2,280,439.76
1.38 JNJ JOHNSON & JOHNSON 2475833 156.10 14,095 2,200,229.50
1.37 CHRW CH ROBINSON 2116228 94.03 23,162 2,177,922.86
1.37 MCD MCDONALD'S CORP 2550707 207.37 10,475 2,172,200.75
1.36 PFE PFIZER INC 2684703 34.39 62,703 2,156,356.17
1.36 LMT LOCKHEED MARTIN CORP 2522096 340.43 6,332 2,155,602.76
1.35 PINC PREMIER INC-CLASS A BDZDRC5 33.81 63,323 2,140,950.63
1.34 TYL TYLER TECHNOLOGIES INC 2909644 401.06 5,321 2,134,040.26
1.34 HE HAWAIIAN ELECTRIC INDS 2415204 37.24 57,011 2,123,089.64
1.32 HLI HOULIHAN LOKEY INC BYQ3PM7 65.13 32,137 2,093,082.81
1.30 FLO FLOWERS FOODS INC 2744243 22.96 90,099 2,068,673.04
1.28 WMT WALMART INC 2936921 129.12 15,729 2,030,928.48
1.27 QGEN QIAGEN N.V. BYXS688 47.52 42,512 2,020,170.24
1.20 MRK MERCK & CO. INC. 2778844 73.13 26,128 1,910,740.64
1.20 FIS FIDELITY NATIONA 2769796 141.14 13,525 1,908,918.50
1.17 JKHY JACK HENRY 2469193 151.78 12,298 1,866,590.44
1.16 KO COCA-COLA CO/THE 2206657 50.79 36,346 1,846,013.34
1.12 T AT&T INC 2831811 29.62 59,854 1,772,875.48
1.00 CHTR CHARTER COMMUN-A BZ6VT82 624.03 2,551 1,591,900.53
0.99 ZM ZOOM VIDEO COM-A BGSP7M9 337.43 4,660 1,572,423.80
0.91 RGLD ROYAL GOLD INC 2755706 104.74 13,859 1,451,591.66
0.83 VIAC VIACOMCBS INC - CLASS B BKTNTR9 74.24 17,747 1,317,537.28
0.66 NXST NEXSTAR MEDIA-A 2949758 150.41 6,979 1,049,711.39
0.64 FOXA FOX CORP - CLASS A BJJMGL2 41.29 24,533 1,012,967.57
0.64 WDC WESTERN DIGITAL CORP 2954699 68.07 14,848 1,010,703.36
0.63 VLO VALERO ENERGY CORP 2041364 79.03 12,701 1,003,760.03
0.62 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 18.39 53,647 986,568.33
0.62 KSS KOHLS CORP 2496113 55.59 17,612 979,051.08
0.61 OZK BANK OZK BZ56Q65 43.34 22,226 963,274.84
0.60 XRX XEROX HOLDINGS CORP BJJD5G3 26.09 36,553 953,667.77
0.59 XOM EXXON MOBIL CORP 2326618 60.93 15,362 936,006.66
0.58 STWD STARWOOD PROPERT B3PQ520 22.95 40,472 928,832.40
0.58 LUMN LUMEN TECHNOLOGIES INC BMDH249 13.47 68,833 927,180.51
0.58 MGM MGM RESORTS INTERNATIONAL 2547419 37.14 24,768 919,883.52
0.58 STX SEAGATE TECHNOLOGY B58JVZ5 73.38 12,529 919,378.02
0.57 SNV SYNOVUS FINANCIAL CORP BMH4NJ8 45.63 19,979 911,641.77
0.57 VLY VALLEY NATIONAL BANCORP 2935326 12.99 70,009 909,416.91
0.57 HPQ HP INC BYX4D52 29.75 30,530 908,267.50
0.57 JEF JEFFERIES FINANC BG0Q4Z2 30.53 29,736 907,840.08
0.57 DGX QUEST DIAGNOSTICS INC 2702791 117.96 7,660 903,573.60
0.57 FITB FIFTH THIRD BANCORP 2336747 36.77 24,555 902,887.35
0.57 HRB H&R BLOCK INC 2105505 19.91 45,107 898,080.37
0.57 HPE HEWLETT PACKA BYVYWS0 14.40 62,346 897,782.40
0.56 FHN FIRST HORIZON CORP 2341484 17.10 52,336 894,945.60
0.56 WFC WELLS FARGO & CO 2649100 37.43 23,700 887,091.00
0.55 INGR INGREDION INC B7K24P7 91.53 9,622 880,701.66
0.55 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 107.89 8,150 879,303.50
0.55 KHC KRAFT HEINZ CO/THE BYRY499 37.85 23,162 876,681.70
0.55 SLG SL GREEN REALTY CORP BM8F3T0 72.54 12,040 873,381.60
0.55 NVT NVENT ELECTRIC PLC BDVJJQ5 27.72 31,488 872,847.36
0.55 IPG INTERPUBLIC GRP 2466321 27.88 31,174 869,131.12
0.55 KEY KEYCORP 2490911 20.66 42,063 869,021.58
0.55 KIM KIMCO REALTY CORP 2491594 19.02 45,683 868,890.66
0.55 PNC PNC FINANCIAL SE 2692665 176.46 4,923 868,712.58
0.55 OKE ONEOK INC 2130109 49.57 17,480 866,483.60
0.54 STLD STEEL DYNAMICS INC 2849472 45.72 18,935 865,708.20
0.54 UBSI UNITED BANKSHARES INC 2905794 39.92 21,651 864,307.92
0.54 BXMT BLACKSTONE MOR-A B94QHZ0 30.75 27,994 860,815.50
0.54 RGA REINSURANCE GROU 2731193 125.45 6,856 860,085.20
0.54 LNC LINCOLN NATIONAL CORP 2516378 58.57 14,660 858,636.20
0.54 NUE NUCOR CORP 2651086 62.92 13,644 858,480.48
0.54 PEP PEPSICO INC 2681511 133.03 6,444 857,245.32
0.54 WRK WESTROCK CO BYR0914 50.68 16,908 856,897.44
0.54 UNM UNUM GROUP 2433842 28.79 29,735 856,070.65
0.54 C CITIGROUP INC 2297907 70.23 12,163 854,207.49
0.54 CMA COMERICA INC 2212870 69.88 12,187 851,627.56
0.54 CFG CITIZENS FINANCIAL GROUP BQRX1X3 44.30 19,189 850,072.70
0.53 IVZ INVESCO LTD B28XP76 23.76 35,667 847,447.92
0.53 VICI VICI PROPERTIES INC BYWH073 29.22 28,863 843,376.86
0.53 TOL TOLL BROTHERS INC 2896092 53.89 15,646 843,162.94
0.53 GD GENERAL DYNAMICS CORP 2365161 170.52 4,941 842,539.32
0.53 NYCB NY COMM BANCORP 2711656 12.24 68,740 841,377.60
0.53 HBAN HUNTINGTON BANCSHARES INC 2445966 16.23 51,828 841,168.44
0.53 FL FOOT LOCKER INC 2980906 52.11 16,120 840,013.20
0.53 EMN EASTMAN CHEMICAL CO 2298386 115.28 7,282 839,468.96
0.53 HII HUNTINGTON INGAL B40SSC9 185.61 4,516 838,214.76
0.53 TSN TYSON FOODS INC-CL A 2909730 72.71 11,487 835,219.77
0.53 BG BUNGE LTD 2788713 77.72 10,733 834,168.76
0.52 PFG PRINCIPAL FINANCIAL GROUP 2803014 58.68 14,175 831,789.00
0.52 ADM ARCHER-DANIELS-MIDLAND CO 2047317 57.59 14,378 828,029.02
0.52 AL AIR LEASE CORP B3XS562 47.99 17,225 826,627.75
0.52 WMB WILLIAMS COS INC 2967181 24.26 33,928 823,093.28
0.51 DKS DICK'S SPORTING GOODS INC 2969637 71.69 11,335 812,606.15
0.51 IP INTERNATIONAL PAPER CO 2465254 54.15 14,925 808,188.75
0.51 BK BANK NY MELLON B1Z77F6 45.03 17,909 806,442.27
0.50 INTC INTEL CORP 2463247 60.74 13,112 796,422.88
0.50 DISH DISH NETWORK CORP-A 2303581 33.81 23,475 793,689.75
0.50 SBRA SABRA HEALTH CAR B5NLBP6 18.11 43,813 793,453.43
0.50 VER VEREIT INC BMG92R5 37.81 20,909 790,569.29
0.50 Y ALLEGHANY CORP 2016801 632.87 1,249 790,454.63
0.50 CTVA CORTEVA INC BK73B42 44.84 17,619 790,035.96
0.50 ANTM ANTHEM INC BSPHGL4 333.60 2,366 789,297.60
0.50 SJM JM SMUCKER CO/THE 2951452 118.34 6,663 788,499.42
0.50 STT STATE STREET CORP 2842040 79.42 9,928 788,481.76
0.49 CSCO CISCO SYSTEMS INC 2198163 46.25 16,969 784,816.25
0.49 SNX SYNNEX CORP 2002554 92.53 8,405 777,714.65
0.49 KMI KINDER MORGAN INC B3NQ4P8 15.87 48,796 774,392.52
0.48 PPL PPL CORP 2680905 28.25 27,212 768,739.00
0.48 CI CIGNA CORP BHJ0775 230.62 3,332 768,425.84
0.48 AIV APARTMENT INVEST BN2W9T6 4.82 158,900 765,898.00
0.48 UHS UNIVERSAL HLTH-B 2923785 131.34 5,778 758,882.52
0.47 QRTEA QURATE RETAIL-A BZ19HB0 11.60 64,621 749,603.60
0.47 CERN CERNER CORP 2185284 70.39 10,617 747,330.63
0.47 BEN FRANKLIN RESOURCES INC 2350684 26.47 28,150 745,130.50
0.47 AVGO BROADCOM INC BDZ78H9 450.14 1,649 742,280.86
0.47 GM GENERAL MOTORS CO B665KZ5 53.75 13,772 740,245.00
0.46 CNC CENTENE CORP 2807061 60.52 12,191 737,799.32
0.46 JNPR JUNIPER NETWORKS INC 2431846 23.81 30,661 730,038.41
0.46 PRGO PERRIGO CO PLC BGH1M56 41.04 17,611 722,755.44
0.45 CVS CVS HEALTH CORP 2577609 70.63 10,222 721,979.86
0.45 ABBV ABBVIE INC B92SR70 106.70 6,756 720,865.20
0.45 BIO BIO-RAD LABORATORIES-A 2098508 567.92 1,267 719,554.64
0.45 IBM IBM 2005973 122.83 5,849 718,432.67
0.45 VTRS VIATRIS INC BMWS3X9 13.91 50,817 706,864.47
0.44 TAP MOLSON COORS-B B067BM3 46.16 15,044 694,431.04
0.41 DUK DUKE ENERGY CORP B7VD3F2 88.53 7,351 650,784.03
0.40 RPRX ROYALTY PHARMA PLC- CL A BMVP7Y0 42.54 15,112 642,864.48
0.31 CASH 1.00 492,735 492,735.47
0.30 NEM NEWMONT CORP 2636607 56.74 8,360 474,346.40
0.25 FTDR FRONTDOOR INC BFYF094 53.77 7,426 399,296.02
0.20 SUI SUN COMMUNITIES INC 2860257 143.28 2,188 313,496.64
0.19 NEE NEXTERA ENERGY INC 2328915 70.70 4,294 303,585.80
0.19 NLY ANNALY CAPITAL M 2113456 8.32 36,264 301,716.48
0.17 TMUS T-MOBILE US INC B94Q9V0 124.68 2,189 272,924.52
0.17 PG PROCTER & GAMBLE CO/THE 2704407 125.98 2,156 271,612.88
0.16 YUM YUM! BRANDS INC 2098876 104.33 2,486 259,364.38
0.16 LLY ELI LILLY & CO 2516152 206.92 1,236 255,753.12
0.16 ATR APTARGROUP INC 2045247 134.09 1,891 253,564.19
0.16 DHR DANAHER CORP 2250870 218.35 1,158 252,849.30
0.15 BKI BLACK KNIGHT INC BDG75V1 72.75 3,336 242,694.00
0.13 MORN MORNINGSTAR INC B081VR8 236.67 886 209,689.62
0.13 EXR EXTRA SPACE STORAGE INC B02HWR9 123.80 1,647 203,898.60
0.13 MDT MEDTRONIC PLC BTN1Y11 118.26 1,718 203,170.68
0.13 AZO AUTOZONE INC 2065955 1,220.25 166 202,561.50
0.12 ACN ACCENTURE PLC-CL A B4BNMY3 249.51 781 194,867.31
0.12 LBRDK LIBERTY BROADBAND-C BRTLC06 152.59 1,269 193,636.71
0.12 DG DOLLAR GENERAL CORP B5B1S13 178.71 1,079 192,828.09
0.12 PSA PUBLIC STORAGE 2852533 235.05 807 189,685.35
0.12 CABO CABLE ONE INC BZ07DS4 1,800.00 105 189,000.00
0.11 NFG NATIONAL FUEL GAS CO 2626103 49.05 3,538 173,538.90
0.11 ADP AUTOMATIC DATA PROCESSING 2065308 178.26 970 172,912.20
0.11 CUBE CUBESMART B6SW913 36.46 4,589 167,314.94
0.10 CHD CHURCH & DWIGHT CO INC 2195841 79.96 2,069 165,437.24
0.10 LNT ALLIANT ENERGY CORP 2973821 48.39 3,326 160,945.14
0.10 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 178.87 876 156,690.12
0.10 WTM WHITE MOUNTAINS 2339252 1,171.23 130 152,259.90
0.10 ES EVERSOURCE ENERGY BVVN4Q8 80.66 1,885 152,044.10
0.09 AEP AMERICAN ELECTRIC POWER 2026242 78.90 1,894 149,436.60
0.09 MDLZ MONDELEZ INTER-A B8CKK03 55.58 2,660 147,842.80
0.09 CHE CHEMED CORP 2190084 433.25 340 147,305.00
0.09 NEU NEWMARKET CORP B01CGF1 388.04 373 144,738.92
0.09 SO SOUTHERN CO/THE 2829601 58.35 2,466 143,891.10
0.09 WSO WATSCO INC 2943039 239.66 598 143,316.68
0.09 CMS CMS ENERGY CORP 2219224 55.37 2,512 139,089.44
0.09 ZNGA ZYNGA INC - CL A B79PX49 10.31 13,341 137,545.71
0.09 SLGN SILGAN HOLDINGS INC 2809324 40.38 3,404 137,453.52
0.08 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 187.09 718 134,330.62
0.08 SON SONOCO PRODUCTS CO 2821395 62.22 2,051 127,613.22
0.08 CLX CLOROX COMPANY 2204026 184.34 691 127,378.94
0.08 AEE AMEREN CORPORATION 2050832 72.86 1,728 125,902.08
0.08 DIS WALT DISNEY CO/THE 2270726 189.99 660 125,393.40
0.08 EQR EQUITY RESIDENTIAL 2319157 68.86 1,814 124,912.04
0.08 FCN FTI CONSULTING INC 2351449 121.36 1,014 123,059.04
0.08 HSY HERSHEY CO/THE 2422806 150.38 817 122,860.46
0.08 AON AON PLC-CLASS A BLP1HW5 232.76 527 122,664.52
0.08 WRB WR BERKLEY CORP 2093644 72.96 1,676 122,280.96
0.08 ESS ESSEX PROPERTY TRUST INC 2316619 264.89 457 121,054.73
0.08 QLYS QUALYS INC B7XJTN8 96.89 1,241 120,240.49
0.08 HRL HORMEL FOODS CORP 2437264 47.72 2,496 119,109.12
0.07 APD AIR PRODS & CHEM 2011602 263.82 445 117,399.90
0.07 NOC NORTHROP GRUMMAN CORP 2648806 300.91 384 115,549.44
0.07 PGR PROGRESSIVE CORP 2705024 89.56 1,277 114,368.12
0.07 SBUX STARBUCKS CORP 2842255 105.20 1,087 114,352.40
0.07 COST COSTCO WHOLESALE CORP 2701271 317.32 351 111,379.32
0.07 ELS EQUITY LIFESTYLE 2563125 59.86 1,820 108,945.20
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 97.13 1,118 108,591.34
0.07 ERIE ERIE INDEMNITY-A 2311711 234.53 462 108,352.86
0.07 BJ BJ'S WHOLESALE C BFZNZF8 39.10 2,742 107,212.20
0.07 DLR DIGITAL REALTY TRUST INC B03GQS4 132.00 786 103,752.00
0.07 ED CONSOLIDATED EDISON INC 2216850 68.30 1,518 103,679.40
0.06 COR CORESITE REALTY CORP B3T3VV8 111.49 915 102,013.35
0.06 BMY BRISTOL-MYERS SQUIBB CO 2126335 60.43 1,684 101,764.12
0.06 EA ELECTRONIC ARTS INC 2310194 132.60 765 101,439.00
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.