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 07/01/22

Inception Date 08/24/18
Total Expense Ratio 0.27%
Net Assets $165.29 million
NAV $29.25
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 07/01/22

Ticker AUSF
Bloomberg Index Ticker AWSUSF
CUSIP 37954Y574
ISIN US37954Y5740
Primary Exchange NYSE Arca
Shares Outstanding 5,650,002
Number of Holdings 172
30-Day Median Bid-Ask Spread 0.29%

Distributions As of 07/01/22

30-Day SEC Yield 1.96%
Distribution Frequency Quarterly

ETF Prices As of 07/01/22

NAV $29.25 Daily Change $0.32 1.12%
Market Price $29.23 Daily Change $0.37 1.28%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year 13.26% 13.16% 13.60%
3 Years 12.85% 12.90% 13.22%
Since Inception 10.26% 10.31% 10.62%
1 Year 4.21% 4.07% 4.52%
3 Years 12.91% 12.87% 13.27%
Since Inception 9.22% 9.21% 9.57%
Year-to-Date -0.61% -0.48% -0.52%
1 Month 3.78% 4.05% 3.81%
3 Months -0.61% -0.48% -0.52%
Since Inception 42.16% 42.39% 43.83%
Year-to-Date -2.52% -2.59% -2.39%
1 Month 2.02% 2.05% 2.09%
3 Months 1.78% 1.85% 1.86%
Since Inception 39.42% 39.38% 41.13%

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 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.41 PFE PFIZER INC 2684703 52.31 139,183 7,280,662.73
3.35 LLY ELI LILLY & CO 2516152 324.71 17,055 5,537,929.05
3.18 BRK/B BERKSHIRE HATH-B 2073390 277.50 18,933 5,253,907.50
2.89 ABBV ABBVIE INC B92SR70 153.80 31,037 4,773,490.60
2.83 XOM EXXON MOBIL CORP 2326618 87.55 53,475 4,681,736.25
2.70 UNH UNITEDHEALTH GROUP INC 2917766 517.40 8,615 4,457,401.00
2.69 COST COSTCO WHOLESALE CORP 2701271 485.76 9,137 4,438,389.12
2.66 CVX CHEVRON CORP 2838555 146.51 29,994 4,394,420.94
2.31 MMC MARSH & MCLENNAN COS 2567741 156.45 24,349 3,809,401.05
2.10 WM WASTE MANAGEMENT INC 2937667 155.65 22,252 3,463,523.80
2.04 COP CONOCOPHILLIPS 2685717 90.98 37,127 3,377,814.46
1.94 RSG REPUBLIC SERVICES INC 2262530 133.04 24,153 3,213,315.12
1.93 NVDA NVIDIA CORP 2379504 145.23 21,908 3,181,698.84
1.88 FCN FTI CONSULTING INC 2351449 183.73 16,925 3,109,630.25
1.80 AJG ARTHUR J GALLAGHER & CO 2359506 164.63 18,111 2,981,613.93
1.74 PSA PUBLIC STORAGE 2852533 317.37 9,062 2,876,006.94
1.74 DOX AMDOCS LTD 2256908 84.45 33,983 2,869,864.35
1.73 PNM PNM RESOURCES INC 2707826 48.57 59,016 2,866,407.12
1.71 CHNG CHANGE HEALTHCARE INC BK5CVS5 23.72 119,460 2,833,591.20
1.69 MCD MCDONALD'S CORP 2550707 252.96 11,043 2,793,437.28
1.67 JNJ JOHNSON & JOHNSON 2475833 179.52 15,364 2,758,145.28
1.64 ROG ROGERS CORP 2746700 261.00 10,356 2,702,916.00
1.63 LMT LOCKHEED MARTIN CORP 2522096 433.52 6,226 2,699,095.52
1.62 VZ VERIZON COMMUNIC 2090571 51.64 51,930 2,681,665.20
1.62 VG VONAGE HOLDINGS CORP B15JLG1 19.08 140,153 2,674,119.24
1.56 JKHY JACK HENRY 2469193 184.27 14,004 2,580,517.08
1.56 FLO FLOWERS FOODS INC 2744243 26.68 96,321 2,569,844.28
1.55 PINC PREMIER INC-CLASS A BDZDRC5 36.23 70,588 2,557,403.24
1.42 CVS CVS HEALTH CORP 2577609 93.94 24,992 2,347,748.48
1.31 WMT WALMART INC 2936921 122.63 17,711 2,171,899.93
1.29 T AT&T INC 2831811 21.31 100,095 2,133,024.45
1.21 KO COCA-COLA CO/THE 2206657 64.38 31,037 1,998,162.06
1.21 CSCO CISCO SYSTEMS INC 2198163 42.22 47,193 1,992,488.46
1.15 AGNC AGNC INVESTMENT CORP BYYHJL8 11.48 166,056 1,906,322.88
1.03 MRK MERCK & CO. INC. 2778844 92.42 18,340 1,694,982.80
1.02 BMY BRISTOL-MYERS SQUIBB CO 2126335 76.84 21,861 1,679,799.24
0.92 QGEN QIAGEN N.V. BYXS688 47.85 31,895 1,526,175.75
0.89 PLD PROLOGIS INC B44WZD7 120.03 12,304 1,476,849.12
0.83 CHTR CHARTER COMMUN-A BZ6VT82 480.92 2,857 1,373,988.44
0.81 MCK MCKESSON CORP 2378534 329.53 4,067 1,340,198.51
0.79 EOG EOG RESOURCES INC 2318024 111.62 11,699 1,305,842.38
0.76 DVN DEVON ENERGY CORP 2480677 55.11 22,841 1,258,767.51
0.74 CB CHUBB LTD B3BQMF6 197.92 6,169 1,220,968.48
0.73 PEP PEPSICO INC 2681511 169.39 7,081 1,199,450.59
0.67 OXY OCCIDENTAL PETROLEUM CORP 2655408 60.44 18,205 1,100,310.20
0.65 PXD PIONEER NATURAL 2690830 223.94 4,758 1,065,506.52
0.64 AON AON PLC-CLASS A BLP1HW5 273.92 3,881 1,063,083.52
0.56 AZO AUTOZONE INC 2065955 2,159.81 426 920,079.06
0.56 REGN REGENERON PHARMACEUTICALS 2730190 595.40 1,543 918,702.20
0.55 BX BLACKSTONE INC BKF2SL7 92.83 9,795 909,269.85
0.55 DUK DUKE ENERGY CORP B7VD3F2 109.62 8,221 901,186.02
0.53 HSY HERSHEY CO/THE 2422806 221.00 3,983 880,243.00
0.52 EA ELECTRONIC ARTS INC 2310194 122.73 7,010 860,337.30
0.52 MPC MARATHON PETROLEUM CORP B3K3L40 84.48 10,101 853,332.48
0.51 GD GENERAL DYNAMICS CORP 2365161 223.86 3,772 844,399.92
0.47 PANW PALO ALTO NETWORKS INC B87ZMX0 508.25 1,515 769,998.75
0.46 PAYX PAYCHEX INC 2674458 116.36 6,519 758,550.84
0.45 EXC EXELON CORP 2670519 46.07 16,283 750,157.81
0.45 SLB SCHLUMBERGER LTD 2779201 35.65 20,920 745,798.00
0.44 WMB WILLIAMS COS INC 2967181 31.29 23,019 720,264.51
0.43 ADM ARCHER-DANIELS-MIDLAND CO 2047317 76.41 9,336 713,363.76
0.40 EXR EXTRA SPACE STORAGE INC B02HWR9 174.38 3,806 663,690.28
0.39 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 636.08 1,005 639,260.40
0.37 KR KROGER CO 2497406 48.14 12,835 617,876.90
0.37 LNG CHENIERE ENERGY INC 2654364 131.95 4,580 604,331.00
0.34 HCA HCA HEALTHCARE INC B4MGBG6 175.06 3,248 568,594.88
0.34 FTNT FORTINET INC B5B2106 57.37 9,824 563,602.88
0.34 BKR BAKER HUGHES CO BDHLTQ5 29.09 19,104 555,735.36
0.31 HAL HALLIBURTON CO 2405302 31.43 16,044 504,262.92
0.30 NUE NUCOR CORP 2651086 105.64 4,680 494,395.20
0.28 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 210.08 2,205 463,226.40
0.27 MAA MID-AMERICA APAR 2589132 175.45 2,570 450,906.50
0.27 TRGP TARGA RESOURCES CORP B55PZY3 61.00 7,299 445,239.00
0.26 CF CF INDUSTRIES HO B0G4K50 85.28 4,987 425,291.36
0.25 MRO MARATHON OIL CORP 2910970 22.55 18,467 416,430.85
0.24 OKE ONEOK INC 2130109 56.75 6,920 392,710.00
0.23 ANET ARISTA NETWORKS INC BN33VM5 93.41 4,115 384,382.15
0.23 NFG NATIONAL FUEL GAS CO 2626103 67.66 5,601 378,963.66
0.23 FANG DIAMONDBACK ENERGY INC B7Y8YR3 121.21 3,108 376,720.68
0.22 CUBE CUBESMART B6SW913 43.59 8,510 370,950.90
0.22 AVB AVALONBAY COMMUNITIES INC 2131179 196.25 1,870 366,987.50
0.22 CPT CAMDEN PROPERTY TRUST 2166320 136.06 2,611 355,252.66
0.21 MOS MOSAIC CO/THE B3NPHP6 46.92 7,268 341,014.56
0.20 FDS FACTSET RESEARCH 2329770 394.20 844 332,704.80
0.19 YUM YUM! BRANDS INC 2098876 116.71 2,732 318,851.72
0.19 PG PROCTER & GAMBLE CO/THE 2704407 146.11 2,144 313,259.84
0.19 IT GARTNER INC 2372763 244.28 1,269 309,991.32
0.19 CTRA COTERRA ENERGY INC 2162340 26.33 11,744 309,219.52
0.18 LSI LIFE STORAGE INC BDCSFJ6 115.54 2,620 302,714.80
0.18 EQR EQUITY RESIDENTIAL 2319157 72.93 4,135 301,565.55
0.17 DRE DUKE REALTY CORP 2284084 56.20 5,004 281,224.80
0.17 APA APA CORP BNNF1C1 35.35 7,873 278,310.55
0.16 CASH 1.00 267,222 267,221.68
0.16 DG DOLLAR GENERAL CORP B5B1S13 246.35 1,080 266,058.00
0.16 DGX QUEST DIAGNOSTICS INC 2702791 136.02 1,887 256,669.74
0.15 NLY ANNALY CAPITAL M 2113456 6.08 40,345 245,297.60
0.15 BRO BROWN & BROWN INC 2692687 59.33 4,108 243,727.64
0.15 OVV OVINTIV INC BJ01KB6 43.50 5,587 243,034.50
0.15 AR ANTERO RESOURCES CORP BFD2WR8 30.74 7,864 241,739.36
0.13 NOC NORTHROP GRUMMAN CORP 2648806 486.37 449 218,380.13
0.12 CHK CHESAPEAKE ENERGY CORP BMZ5LZ5 82.90 2,422 200,783.80
0.12 SO SOUTHERN CO/THE 2829601 73.14 2,709 198,136.26
0.12 STLD STEEL DYNAMICS INC 2849472 66.23 2,988 197,895.24
0.12 ADP AUTOMATIC DATA PROCESSING 2065308 213.23 894 190,627.62
0.12 CSL CARLISLE COS INC 2176318 241.20 788 190,065.60
0.11 RRC RANGE RESOURCES CORP 2523334 25.38 7,445 188,954.10
0.11 AEP AMERICAN ELECTRIC POWER 2026242 97.95 1,923 188,357.85
0.11 AA ALCOA CORP BYNF418 44.78 4,194 187,807.32
0.11 UDR UDR INC 2727910 46.46 3,906 181,472.76
0.11 AFG AMER FINL GROUP 2134532 142.60 1,260 179,676.00
0.11 PGR PROGRESSIVE CORP 2705024 118.48 1,514 179,378.72
0.11 IRM IRON MOUNTAIN INC BVFTF03 49.33 3,590 177,094.70
0.11 CLR CONTL RES INC/OK B1XGWS3 65.66 2,684 176,231.44
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 243.24 696 169,295.04
0.10 ED CONSOLIDATED EDISON INC 2216850 97.24 1,735 168,711.40
0.10 HRL HORMEL FOODS CORP 2437264 47.72 3,275 156,283.00
0.09 AEE AMEREN CORPORATION 2050832 92.19 1,642 151,375.98
0.09 TXT TEXTRON INC 2885937 61.11 2,462 150,452.82
0.09 JNPR JUNIPER NETWORKS INC 2431846 28.22 5,198 146,687.56
0.09 LNT ALLIANT ENERGY CORP 2973821 60.07 2,342 140,683.94
0.09 CACI CACI INTL-A 2159267 287.19 488 140,148.72
0.08 TMUS T-MOBILE US INC B94Q9V0 136.81 1,016 138,998.96
0.08 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 57.46 2,416 138,823.36
0.08 SEE SEALED AIR CORP 2232793 59.10 2,344 138,530.40
0.08 DPZ DOMINO'S PIZZA INC B01SD70 403.61 342 138,034.62
0.08 IBM IBM 2005973 141.12 975 137,592.00
0.08 ATVI ACTIVISION BLIZZARD INC 2575818 78.57 1,705 133,961.85
0.08 GILD GILEAD SCIENCES INC 2369174 62.36 2,116 131,953.76
0.08 APD AIR PRODS & CHEM 2011602 242.75 541 131,327.75
0.08 WRB WR BERKLEY CORP 2093644 69.36 1,890 131,090.40
0.08 MDLZ MONDELEZ INTER-A B8CKK03 63.34 2,048 129,720.32
0.08 RHI ROBERT HALF INTL INC 2110703 75.40 1,711 129,009.40
0.08 HE HAWAIIAN ELECTRIC INDS 2415204 42.01 3,026 127,122.26
0.08 BDX BECTON DICKINSON AND CO 2087807 251.80 503 126,655.40
0.08 DHR DANAHER CORP 2250870 258.05 480 123,864.00
0.08 HAS HASBRO INC 2414580 81.35 1,520 123,652.00
0.07 CHD CHURCH & DWIGHT CO INC 2195841 94.25 1,301 122,619.25
0.07 ALL ALLSTATE CORP 2019952 130.70 937 122,465.90
0.07 STZ CONSTELLATION-A 2170473 235.43 520 122,423.60
0.07 NDAQ NASDAQ INC 2965107 155.59 775 120,582.25
0.07 SON SONOCO PRODUCTS CO 2821395 58.83 2,044 120,248.52
0.07 LBRDK LIBERTY BROADBAND-C BRTLC06 119.19 995 118,594.05
0.07 ARES ARES MANAGEMENT CORP - A BF14BT1 58.55 2,016 118,036.80
0.07 ELS EQUITY LIFESTYLE 2563125 71.86 1,627 116,916.22
0.07 DLR DIGITAL REALTY TRUST INC B03GQS4 131.58 884 116,316.72
0.07 ABC AMERISOURCEBERGEN CORP 2795393 143.14 808 115,657.12
0.07 AKAM AKAMAI TECHNOLOGIES INC 2507457 92.12 1,251 115,242.12
0.07 SUI SUN COMMUNITIES INC 2860257 161.67 700 113,169.00
0.07 PDCE PDC ENERGY INC B89M5F2 61.27 1,845 113,043.15
0.07 BAX BAXTER INTERNATIONAL INC 2085102 65.49 1,711 112,053.39
0.07 NLOK NORTONLIFELOCK INC BJN4XN5 22.28 4,991 111,199.48
0.07 MTDR MATADOR RESOURCES CO B7MSLL8 46.76 2,366 110,634.16
0.07 PSTG PURE STORAGE-A BYZ62T3 24.76 4,450 110,182.00
0.07 INVH INVITATION HOMES INC BD81GW9 35.74 3,060 109,364.40
0.07 MUR MURPHY OIL CORP 2611206 30.39 3,579 108,765.81
0.07 MDT MEDTRONIC PLC BTN1Y11 91.38 1,189 108,650.82
0.06 ARE ALEXANDRIA REAL 2009210 148.13 712 105,468.56
0.06 ICE INTERCONTINENTAL BFSSDS9 95.23 1,086 103,419.78
0.06 ESS ESSEX PROPERTY TRUST INC 2316619 266.73 380 101,357.40
0.06 FR FIRST IND REALTY 2360757 48.49 2,058 99,792.42
0.06 THC TENET HEALTHCARE CORP B8DMK08 55.00 1,784 98,120.00
0.06 CAR AVIS BUDGET GROUP INC B1CL8J2 150.91 599 90,395.09
0.06 WSC WILLSCOT MOBILE BMHL0Z4 32.91 2,738 90,107.58
0.05 IRT INDEPENDENCE REA BCRYTK1 21.00 4,287 90,027.00
0.05 ITCI INTRA-CELLULAR T BHCB0P4 55.17 1,556 85,844.52
0.05 EXLS EXLSERVICE HOLDINGS INC B07LST0 148.29 541 80,224.89
0.05 SM SM ENERGY CO 2764188 34.08 2,247 76,577.76
0.05 WCC WESCO INTERNATIONAL INC 2416973 105.83 718 75,985.94
0.05 NSA NATIONAL STORAGE BWWCK85 51.63 1,436 74,140.68
0.04 AQUA EVOQUA WATER TEC BF329G6 32.83 2,010 65,988.30
0.04 SYNA SYNAPTICS INC 2839268 114.06 561 63,987.66
0.04 UNVR UNIVAR SOLUTIONS INC BZ07PN3 24.74 2,441 60,390.34
0.03 ZWS ZURN WATER SOLUTIONS CORP BMV1ZD3 27.48 1,820 50,013.60
Holdings are subject to change.

Sector Breakdown As of 05/31/22

Sector Weight (%)
Health Care 24.6
Energy 16.7
Information Technology 13.6
Financials 11.3
Consumer Staples 8.7
Industrials 8.3
Real Estate 5.1
Communication Services 4.2
Utilities 3.3
Consumer Discretionary 2.9
Materials 1.4

Source: AltaVista Research, LLC

ETF Characteristics As of 07/01/22

Return on Equity 24.10%
Weighted Avg. Market Cap 152,617 M
2021 2022
Price-to-earnings 18.48 14.07
Price-to-book value 3.70 3.13

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/01/22

Versus Beta
S&P 500 1.03
MSCI EAFE 1.05
MSCI Emg. Mkts 0.90
Standard Deviation 21.40%

Source: AltaVista Research, LLC

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 did 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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