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.
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.
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.
AUSF seeks to outperform traditional market capitalization weighted indexes by allocating across three factors that have historically demonstrated advantages compared to broad benchmark indexes.
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.
Dynamically allocating across multiple factors within one ETF can result in tax efficiencies compared to buying and selling individual factor ETFs.
| Ticker | AUSF |
| Inception Date | 08/24/18 |
| CUSIP | 37954Y574 |
| ISIN | US37954Y5740 |
| Bloomberg Index Ticker | AWSUSF |
| Primary Exchange | NYSE Arca |
| Number of Holdings | 194 |
| Net Assets | $147,449,711 |
| Net Asset Value (NAV) | $25.42 |
| Shares Outstanding | 5,800,002 |
| Total Expense Ratio | 0.27% |
| 30-Day SEC Yield | 3.19% |
| Distribution Frequency | Quarterly |
Cumulative %Data as of month-end (11/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | -1.98% | -2.06% | -1.75% |
| 1 Month | 12.43% | 12.75% | 12.37% |
| 3 Months | 10.41% | 10.41% | 10.37% |
| 6 Months | 22.33% | 22.29% | 22.49% |
| Since Inception | 8.67% | 8.58% | 9.46% |
Avg Annualized %Data as of month-end (11/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 0.14% | -0.06% | 0.41% |
| Since Inception | 3.73% | 3.70% | 4.06% |
Avg Annualized %Data as of quarter-end (09/30/20) |
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -8.61% | -8.80% | -8.28% |
| Since Inception | -2.15% | -2.22% | -1.81% |
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.
| Return on Equity | 10.40% | |
| Weighted Avg. Market Cap | 57,602 M | |
| 2019 | 2020 | |
| Price-to-earnings | 12.94 | 15.59 |
| Price-to-book value | 1.67 | 1.59 |
Source: AltaVista Research, LLC
| Versus | Beta |
|---|---|
| S&P 500 | 1.12 |
| MSCI EAFE | 1.11 |
| MSCI Emg. Mkts | 0.98 |
| Standard Deviation | 24.90% |
Source: AltaVista Research, LLC
| % of Net Assets | ||
|---|---|---|
| Financials | 19.4 | |
| Information Technology | 15.2 | |
| Health Care | 10.8 | |
| Real Estate | 9.1 | |
| Consumer Staples | 9.0 | |
| Industrials | 8.9 | |
| Consumer Discretionary | 8.5 | |
| Communication Services | 8.0 | |
| Materials | 4.3 | |
| Energy | 3.3 | |
| Utilities | 3.2 | |
| Other/Cash | 0.3 | |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 1.99 | VZ | VERIZON COMMUNIC | 2090571 | 61.74 | 47,536 | 2,934,872.64 |
| 1.98 | PFE | PFIZER INC | 2684703 | 40.09 | 72,708 | 2,914,863.72 |
| 1.68 | NLOK | NORTONLIFELOCK INC | BJN4XN5 | 19.10 | 129,709 | 2,477,441.90 |
| 1.67 | GRMN | GARMIN LTD | B3Z5T14 | 119.24 | 20,588 | 2,454,913.12 |
| 1.62 | KR | KROGER CO | 2497406 | 30.88 | 77,550 | 2,394,744.00 |
| 1.53 | AGNC | AGNC INVESTMENT CORP | BYYHJL8 | 15.41 | 146,113 | 2,251,601.33 |
| 1.53 | DOX | AMDOCS LTD | 2256908 | 65.75 | 34,205 | 2,248,807.73 |
| 1.47 | TIF | TIFFANY & CO | 2892090 | 131.39 | 16,498 | 2,167,672.22 |
| 1.45 | KO | COCA-COLA CO/THE | 2206657 | 52.78 | 40,532 | 2,139,278.96 |
| 1.45 | TYL | TYLER TECHNOLOGIES INC | 2909644 | 417.53 | 5,108 | 2,132,743.24 |
| 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. 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.
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