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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 06/18/21

Key Facts

Ticker AUSF
Inception Date 08/24/18
CUSIP 37954Y574
ISIN US37954Y5740
Bloomberg Index Ticker AWSUSF
Primary Exchange NYSE Arca
Number of Holdings 192

Stats & Fees

Net Assets $170,430,984
Net Asset Value (NAV) $28.98
Shares Outstanding 5,880,002
Total Expense Ratio 0.27%

Distributions

30-Day SEC Yield 2.78%
Distribution Frequency Quarterly
 Distribution Calendar

Fund Documents

Fund Research

Fund Prices As of 06/18/21

NAV $28.98 Daily Change -$0.57 -1.94%
Market Price $29.01 Daily Change -$0.55 -1.86%
30-Day Median Bid-Ask Spread 0.27%

Performance History

Premium Discount Chart
As of recent
(03/31/21)
As of recent
(03/31/21)
Fund NAV Market Price Index
1 Year 65.20% 65.51% 65.89%
Since Inception 9.13% 9.23% 9.49%
1 Year 50.60% 50.82% 51.10%
Since Inception 11.09% 11.12% 11.45%
Year-to-Date 11.63% 12.08% 11.78%
1 Month 6.02% 6.44% 6.06%
3 Months 11.63% 12.08% 11.78%
Since Inception 25.52% 25.82% 26.62%
Year-to-Date 18.99% 19.30% 19.21%
1 Month 2.74% 2.84% 2.76%
3 Months 13.01% 13.29% 13.11%
Since Inception 33.79% 33.92% 35.03%

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 06/18/21

Return on Equity 14.90%
Weighted Avg. Market Cap 65,229 M
2020 2021
Price-to-earnings 17.24 13.90
Price-to-book value 2.17 1.98

Source: AltaVista Research, LLC

Fund Risk Stats As of 06/18/21

Versus Beta
S&P 500 1.11
MSCI EAFE 1.10
MSCI Emg. Mkts 0.94
Standard Deviation 23.00%

Source: AltaVista Research, LLC

Sector Breakdown As of 05/31/21

% of Net Assets
Financials 21.3
Information Technology 16.4
Consumer Staples 11.5
Health Care 11.3
Industrials 8.9
Materials 6.6
Communication Services 6.3
Consumer Discretionary 6.1
Real Estate 4.8
Energy 4.4
Utilities 2.4

Source: AltaVista Research, LLC

Top Holdings As of 06/18/21

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.11 KR KROGER CO 2497406 38.75 92,866 3,598,557.50
2.08 DOX AMDOCS LTD 2256908 77.85 45,591 3,549,259.35
2.03 PFE PFIZER INC 2684703 38.81 89,074 3,456,961.94
1.98 VZ VERIZON COMMUNIC 2090571 55.82 60,566 3,380,794.12
1.98 AGNC AGNC INVESTMENT CORP BYYHJL8 16.70 201,909 3,371,880.30
1.85 NLOK NORTONLIFELOCK INC BJN4XN5 26.82 117,698 3,156,660.36
1.64 MMC MARSH & MCLENNAN COS 2567741 134.31 20,748 2,786,663.88
1.57 WM WASTE MANAGEMENT INC 2937667 137.07 19,513 2,674,646.91
1.56 RSG REPUBLIC SERVICES INC 2262530 106.52 24,982 2,661,082.64
1.56 GRMN GARMIN LTD B3Z5T14 139.54 19,031 2,655,585.74
1.56 AJG ARTHUR J GALLAGHER & CO 2359506 137.56 19,295 2,654,220.20
1.54 MCD MCDONALD'S CORP 2550707 229.62 11,392 2,615,831.04
1.52 LMT LOCKHEED MARTIN CORP 2522096 379.19 6,832 2,590,626.08
1.49 WMT WALMART INC 2936921 135.17 18,739 2,532,950.63
1.46 JNJ JOHNSON & JOHNSON 2475833 161.98 15,317 2,481,047.66
1.45 TYL TYLER TECHNOLOGIES INC 2909644 440.21 5,594 2,462,534.74
1.40 CHRW CH ROBINSON 2116228 92.89 25,621 2,379,934.69
1.39 PINC PREMIER INC-CLASS A BDZDRC5 34.23 69,150 2,367,004.50
1.36 FLO FLOWERS FOODS INC 2744243 23.73 97,721 2,318,919.33
1.29 JKHY JACK HENRY 2469193 164.55 13,317 2,191,312.35
1.26 FIS FIDELITY NATIONA 2769796 143.82 14,967 2,152,553.94
1.24 HE HAWAIIAN ELECTRIC INDS 2415204 41.94 50,410 2,114,195.40
1.20 QGEN QIAGEN N.V. BYXS688 47.12 43,566 2,052,829.92
1.16 KO COCA-COLA CO/THE 2206657 53.77 36,873 1,982,661.21
1.15 CHTR CHARTER COMMUN-A BZ6VT82 685.60 2,862 1,962,187.20
1.15 T AT&T INC 2831811 28.65 68,208 1,954,159.20
1.13 CTXS CITRIX SYSTEMS INC 2182553 115.81 16,581 1,920,245.61
0.96 RGLD ROYAL GOLD INC 2755706 109.31 14,919 1,630,795.89
0.87 HBAN HUNTINGTON BANCSHARES INC 2445966 13.27 111,610 1,481,064.67
0.80 MRK MERCK & CO. INC. 2778844 76.61 17,870 1,369,020.70
0.64 DGX QUEST DIAGNOSTICS INC 2702791 127.50 8,482 1,081,455.00
0.61 BKR BAKER HUGHES CO BDHLTQ5 22.67 45,653 1,034,953.51
0.61 NUE NUCOR CORP 2651086 93.02 11,125 1,034,847.50
0.58 PEP PEPSICO INC 2681511 145.42 6,847 995,690.74
0.58 COP CONOCOPHILLIPS 2685717 57.53 17,211 990,148.83
0.57 STLD STEEL DYNAMICS INC 2849472 57.83 16,832 973,394.56
0.56 CC CHEMOURS CO/THE BZ0CTP8 32.85 29,035 953,799.75
0.56 WMB WILLIAMS COS INC 2967181 26.06 36,567 952,936.02
0.56 SLG SL GREEN REALTY CORP BM8F3T0 77.08 12,291 947,390.28
0.56 XOM EXXON MOBIL CORP 2326618 60.40 15,678 946,951.20
0.55 CNC CENTENE CORP 2807061 71.69 13,158 943,297.02
0.55 RTX RAYTHEON TECHNOL BM5M5Y3 85.92 10,925 938,676.00
0.55 LUMN LUMEN TECHNOLOGIES INC BMDH249 14.01 66,778 935,559.78
0.55 DKS DICK'S SPORTING GOODS INC 2969637 91.70 10,184 933,872.80
0.55 PRGO PERRIGO CO PLC BGH1M56 46.28 20,165 933,236.20
0.55 VLO VALERO ENERGY CORP 2041364 76.02 12,253 931,473.06
0.54 CVS CVS HEALTH CORP 2577609 82.40 11,230 925,352.00
0.54 QRTEA QURATE RETAIL-A BZ19HB0 12.82 72,060 923,809.20
0.54 HRB H&R BLOCK INC 2105505 23.56 38,802 914,175.12
0.54 KMI KINDER MORGAN INC B3NQ4P8 17.66 51,613 911,485.58
0.53 JNPR JUNIPER NETWORKS INC 2431846 26.93 33,705 907,675.65
0.53 CERN CERNER CORP 2185284 78.80 11,468 903,678.40
0.53 IP INTERNATIONAL PAPER CO 2465254 59.23 15,238 902,546.74
0.53 PAYX PAYCHEX INC 2674458 102.02 8,771 894,817.42
0.53 IBM IBM 2005973 143.12 6,252 894,786.24
0.52 EMN EASTMAN CHEMICAL CO 2298386 114.15 7,831 893,908.65
0.52 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.66 14,677 890,306.82
0.52 IPG INTERPUBLIC GRP 2466321 31.51 28,069 884,454.19
0.52 ORI OLD REPUBLIC INTL CORP 2659109 24.48 36,045 882,381.60
0.52 BK BANK NY MELLON B1Z77F6 48.22 18,283 881,606.26
0.52 ABBV ABBVIE INC B92SR70 113.12 7,773 879,281.76
0.51 STX SEAGATE TECHNOLO BKVD2N4 85.30 10,272 876,201.60
0.51 OKE ONEOK INC 2130109 53.02 16,514 875,572.28
0.51 PACW PACWEST BANCORP 2619772 40.25 21,648 871,332.00
0.51 NVT NVENT ELECTRIC PLC BDVJJQ5 29.87 29,017 866,737.79
0.51 CFG CITIZENS FINANCIAL GROUP BQRX1X3 44.25 19,587 866,724.75
0.51 UHS UNIVERSAL HLTH-B 2923785 146.71 5,899 865,442.29
0.51 CVX CHEVRON CORP 2838555 103.03 8,383 863,700.49
0.51 CSCO CISCO SYSTEMS INC 2198163 52.07 16,587 863,685.09
0.50 PRU PRUDENTIAL FINANCIAL INC 2819118 97.62 8,796 858,665.52
0.50 STWD STARWOOD PROPERT B3PQ520 25.29 33,943 858,418.47
0.50 GD GENERAL DYNAMICS CORP 2365161 185.15 4,636 858,355.40
0.50 IVZ INVESCO LTD B28XP76 26.25 32,692 858,165.00
0.50 HII HUNTINGTON INGAL B40SSC9 207.18 4,130 855,653.40
0.50 MAN MANPOWERGROUP INC 2562490 113.57 7,534 855,636.38
0.50 KEY KEYCORP 2490911 19.93 42,931 855,614.83
0.50 FITB FIFTH THIRD BANCORP 2336747 36.91 23,053 850,886.23
0.50 STT STATE STREET CORP 2842040 78.85 10,746 847,322.10
0.50 CMA COMERICA INC 2212870 68.11 12,440 847,288.40
0.50 BIO BIO-RAD LABORATORIES-A 2098508 622.80 1,356 844,516.80
0.50 VIAC VIACOMCBS INC - CLASS B BKTNTR9 40.03 21,089 844,192.67
0.50 UBSI UNITED BANKSHARES INC 2905794 36.36 23,187 843,079.32
0.49 OZK BANK OZK BZ56Q65 38.85 21,692 842,734.20
0.49 DISH DISH NETWORK CORP-A 2303581 40.04 21,040 842,441.60
0.49 BXMT BLACKSTONE MOR-A B94QHZ0 31.64 26,561 840,390.04
0.49 SJM JM SMUCKER CO/THE 2951452 130.30 6,445 839,783.50
0.49 FOXA FOX CORP - CLASS A BJJMGL2 37.63 22,312 839,600.56
0.49 C CITIGROUP INC 2297907 67.61 12,416 839,445.76
0.49 KHC KRAFT HEINZ CO/THE BYRY499 40.50 20,715 838,957.50
0.49 AFL AFLAC INC 2026361 52.08 16,105 838,748.40
0.49 MO ALTRIA GROUP INC 2692632 46.31 18,106 838,488.86
0.49 INGR INGREDION INC B7K24P7 89.99 9,281 835,197.19
0.49 WFC WELLS FARGO & CO 2649100 41.75 19,922 831,743.50
0.49 KNX KNIGHT-SWIFT TRA BF0LKD0 44.72 18,504 827,498.88
0.48 VLY VALLEY NATIONAL BANCORP 2935326 12.91 63,854 824,355.14
0.48 DOW DOW INC BHXCF84 61.98 13,292 823,838.16
0.48 NYCB NY COMM BANCORP 2711656 10.97 74,900 821,653.00
0.48 UNM UNUM GROUP 2433842 27.03 30,349 820,333.47
0.48 PFG PRINCIPAL FINANCIAL GROUP 2803014 59.74 13,694 818,079.56
0.48 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 16.85 48,397 815,489.45
0.48 FHN FIRST HORIZON CORP 2341484 16.74 48,694 815,137.56
0.48 RF REGIONS FINANCIAL CORP B01R311 19.33 41,919 810,294.27
0.48 WBA WALGREENS BOOTS BTN1Y44 50.84 15,937 810,237.08
0.47 ZION ZIONS BANCORP NA 2989828 50.30 16,053 807,465.90
0.47 LNC LINCOLN NATIONAL CORP 2516378 59.43 13,548 805,157.64
0.47 MTG MGIC INVESTMENT CORP 2548616 13.50 59,614 804,789.00
0.47 BG BUNGE LTD 2788713 77.20 10,406 803,343.20
0.47 SNV SYNOVUS FINANCIAL CORP BMH4NJ8 42.77 18,755 802,151.35
0.47 MET METLIFE INC 2573209 58.30 13,753 801,799.90
0.47 TFC TRUIST FINANCIAL CORP BKP7287 52.81 15,174 801,338.94
0.47 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 100.35 7,971 799,889.85
0.47 DUK DUKE ENERGY CORP B7VD3F2 99.61 8,014 798,274.54
0.47 NXST NEXSTAR MEDIA-A 2949758 142.50 5,596 797,430.00
0.47 RDN RADIAN GROUP INC 2173911 22.22 35,686 792,942.92
0.46 CI CIGNA CORP BHJ0775 231.97 3,403 789,393.91
0.46 TSN TYSON FOODS INC-CL A 2909730 72.76 10,829 787,918.04
0.46 INTC INTEL CORP 2463247 55.67 14,137 787,006.79
0.46 CAH CARDINAL HEALTH INC 2175672 56.05 13,961 782,514.05
0.46 JEF JEFFERIES FINANC BG0Q4Z2 29.36 26,641 782,179.76
0.46 HPE HEWLETT PACKA BYVYWS0 14.45 53,875 778,493.75
0.46 AL AIR LEASE CORP B3XS562 42.39 18,353 777,983.67
0.45 WHR WHIRLPOOL CORP 2960384 210.58 3,668 772,407.44
0.45 MOS MOSAIC CO/THE B3NPHP6 29.92 25,806 772,115.52
0.45 CTVA CORTEVA INC BK73B42 42.71 17,988 768,267.48
0.43 RGA REINSURANCE GROU 2731193 112.61 6,546 737,145.06
0.31 NEM NEWMONT CORP 2636607 62.62 8,537 534,586.94
0.26 ZM ZOOM VIDEO COM-A BGSP7M9 374.24 1,202 449,836.48
0.23 SUI SUN COMMUNITIES INC 2860257 171.32 2,234 382,728.88
0.22 FTDR FRONTDOOR INC BFYF094 50.15 7,582 380,237.30
0.22 NLY ANNALY CAPITAL M 2113456 9.07 40,887 370,845.09
0.21 CASH 1.00 363,739 363,738.76
0.19 TMUS T-MOBILE US INC B94Q9V0 144.70 2,235 323,404.50
0.19 NEE NEXTERA ENERGY INC 2328915 73.28 4,388 321,552.64
0.18 ATR APTARGROUP INC 2045247 140.10 2,233 312,843.30
0.18 DHR DANAHER CORP 2250870 256.97 1,181 303,481.57
0.17 PG PROCTER & GAMBLE CO/THE 2704407 132.03 2,202 290,730.06
0.17 YUM YUM! BRANDS INC 2098876 114.64 2,534 290,497.76
0.17 COST COSTCO WHOLESALE CORP 2701271 380.88 759 289,087.92
0.16 LLY ELI LILLY & CO 2516152 218.55 1,260 275,373.00
0.16 CUBE CUBESMART B6SW913 45.84 5,863 268,759.92
0.16 EXR EXTRA SPACE STORAGE INC B02HWR9 159.41 1,681 267,968.21
0.15 BKI BLACK KNIGHT INC BDG75V1 74.32 3,406 253,133.92
0.15 ACN ACCENTURE PLC-CL A B4BNMY3 281.25 895 251,718.75
0.14 PSA PUBLIC STORAGE 2852533 298.36 820 244,655.20
0.14 LBRDK LIBERTY BROADBAND-C BRTLC06 160.86 1,473 236,946.78
0.14 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 207.03 1,143 236,635.29
0.14 DG DOLLAR GENERAL CORP B5B1S13 212.70 1,101 234,182.70
0.14 NFG NATIONAL FUEL GAS CO 2626103 51.47 4,542 233,776.74
0.14 AZO AUTOZONE INC 2065955 1,386.28 167 231,508.76
0.13 MORN MORNINGSTAR INC B081VR8 242.48 908 220,171.84
0.13 WSO WATSCO INC 2943039 274.74 787 216,220.38
0.13 MDT MEDTRONIC PLC BTN1Y11 123.23 1,752 215,898.96
0.13 MDLZ MONDELEZ INTER-A B8CKK03 62.14 3,442 213,885.88
0.12 CABO CABLE ONE INC BZ07DS4 1,889.90 106 200,329.40
0.12 AEP AMERICAN ELECTRIC POWER 2026242 82.35 2,423 199,534.05
0.11 ES EVERSOURCE ENERGY BVVN4Q8 79.92 2,431 194,285.52
0.11 ADP AUTOMATIC DATA PROCESSING 2065308 192.90 992 191,356.80
0.11 LNT ALLIANT ENERGY CORP 2973821 56.33 3,386 190,733.38
0.11 NOC NORTHROP GRUMMAN CORP 2648806 367.19 517 189,837.23
0.11 HSY HERSHEY CO/THE 2422806 170.49 1,098 187,198.02
0.10 CHD CHURCH & DWIGHT CO INC 2195841 83.68 2,116 177,066.88
0.10 BJ BJ'S WHOLESALE C BFZNZF8 45.53 3,883 176,792.99
0.10 AON AON PLC-CLASS A BLP1HW5 230.10 741 170,504.10
0.10 CHE CHEMED CORP 2190084 470.27 350 164,594.50
0.09 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 218.86 731 159,986.66
0.09 PGR PROGRESSIVE CORP 2705024 92.31 1,727 159,419.37
0.09 ED CONSOLIDATED EDISON INC 2216850 74.49 2,085 155,311.65
0.09 SO SOUTHERN CO/THE 2829601 61.45 2,524 155,099.80
0.09 EA ELECTRONIC ARTS INC 2310194 141.12 1,091 153,961.92
0.09 CMS CMS ENERGY CORP 2219224 58.12 2,570 149,368.40
0.09 AEE AMEREN CORPORATION 2050832 82.11 1,763 144,759.93
0.08 EQR EQUITY RESIDENTIAL 2319157 77.63 1,851 143,693.13
0.08 FCN FTI CONSULTING INC 2351449 136.88 1,037 141,944.56
0.08 ESS ESSEX PROPERTY TRUST INC 2316619 301.17 468 140,947.56
0.08 ZNGA ZYNGA INC - CL A B79PX49 10.32 13,635 140,713.20
0.08 ELS EQUITY LIFESTYLE 2563125 75.13 1,857 139,516.41
0.08 VTRS VIATRIS INC BMWS3X9 14.26 9,782 139,491.32
0.08 SON SONOCO PRODUCTS CO 2821395 64.98 2,088 135,678.24
0.08 ARE ALEXANDRIA REAL 2009210 182.68 733 133,904.44
0.08 ERIE ERIE INDEMNITY-A 2311711 189.16 707 133,736.12
0.08 APD AIR PRODS & CHEM 2011602 292.70 456 133,471.20
0.08 BRK/B BERKSHIRE HATH-B 2073390 274.04 487 133,457.48
0.08 AKAM AKAMAI TECHNOLOGIES INC 2507457 114.63 1,142 130,907.46
0.07 WRB WR BERKLEY CORP 2093644 72.74 1,712 124,530.88
0.07 COR CORESITE REALTY CORP B3T3VV8 132.64 937 124,283.68
0.07 DLR DIGITAL REALTY TRUST INC B03GQS4 154.20 800 123,360.00
0.07 SBUX STARBUCKS CORP 2842255 109.70 1,111 121,876.70
0.07 CLX CLOROX COMPANY 2204026 172.98 703 121,604.94
0.07 HRL HORMEL FOODS CORP 2437264 47.42 2,554 121,110.68
0.07 DIS WALT DISNEY CO/THE 2270726 172.42 673 116,038.66
0.07 BMY BRISTOL-MYERS SQUIBB CO 2126335 66.47 1,720 114,328.40
0.07 UHAL AMERCO 2028174 526.51 217 114,252.67
0.03 OGN ORGANON & CO BLDC8J4 29.98 1,728 51,805.44
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.