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AUSF

Adaptive U.S. Factor ETF

Invest in AUSF
Overview Prices & Performance Holdings & Characteristics Research Documents

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 03/30/23

Inception Date 08/24/18
Total Expense Ratio 0.27%
Net Assets $163.41 million
NAV $30.09
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 03/30/23

Ticker AUSF
Bloomberg Index Ticker AWSUSF
CUSIP 37954Y574
ISIN US37954Y5740
Primary Exchange NYSE Arca
Shares Outstanding 5,430,002
Number of Holdings 173
30-Day Median Bid-Ask Spread 0.27%

Distributions As of 03/30/23

30-Day SEC Yield 1.95%
Distribution Frequency Quarterly
 Distribution History

ETF Prices As of 03/30/23

NAV $30.09 Daily Change $0.12 0.40%
Market Price $30.08 Daily Change $0.12 0.40%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -0.09% -0.18% 0.19%
3 Years 8.83% 8.81% 9.14%
Since Inception 8.54% 8.52% 8.88%
1 Year 1.00% 1.23% 1.27%
3 Years 11.85% 11.88% 12.20%
Since Inception 7.45% 7.48% 7.78%
Year-to-Date -0.09% -0.18% 0.19%
1 Month -3.35% -3.23% -3.33%
3 Months 10.59% 10.48% 10.84%
Since Inception 42.91% 42.81% 44.85%
Year-to-Date -3.19% -3.00% -3.14%
1 Month -3.07% -2.82% -3.04%
3 Months -6.44% -6.14% -6.37%
Since Inception 38.34% 38.53% 40.31%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 03/30/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.03 MRK MERCK & CO. INC. 2778844 105.92 62,132 6,581,021.44
3.54 LMT LOCKHEED MARTIN CORP 2522096 473.18 12,217 5,780,840.06
2.91 BMY BRISTOL-MYERS SQUIBB CO 2126335 68.20 69,742 4,756,404.40
2.89 ABBV ABBVIE INC B92SR70 157.92 29,855 4,714,701.60
2.73 CVX CHEVRON CORP 2838555 162.39 27,484 4,463,126.76
2.69 XOM EXXON MOBIL CORP 2326618 109.49 40,197 4,401,169.53
2.60 LLY ELI LILLY & CO 2516152 340.69 12,462 4,245,678.78
2.58 UNH UNITEDHEALTH GROUP INC 2917766 470.06 8,951 4,207,507.06
1.81 DOX AMDOCS LTD 2256908 95.01 31,110 2,955,761.10
1.78 ATVI ACTIVISION BLIZZARD INC 2575818 84.89 34,323 2,913,679.47
1.72 CSCO CISCO SYSTEMS INC 2198163 51.43 54,505 2,803,192.15
1.71 FCN FTI CONSULTING INC 2351449 196.43 14,232 2,795,591.76
1.63 MCD MCDONALD'S CORP 2550707 277.79 9,603 2,667,617.37
1.62 WMT WALMART INC 2936921 145.67 18,156 2,644,784.52
1.62 GILD GILEAD SCIENCES INC 2369174 81.45 32,450 2,643,052.50
1.61 PNM PNM RESOURCES INC 2707826 48.80 53,796 2,625,244.80
1.58 AMGN AMGEN INC 2023607 241.50 10,676 2,578,254.00
1.57 RSG REPUBLIC SERVICES INC 2262530 134.36 19,122 2,569,136.31
1.57 WM WASTE MANAGEMENT INC 2937667 161.53 15,873 2,563,965.69
1.56 FLO FLOWERS FOODS INC 2744243 27.17 93,626 2,543,818.42
1.55 AJG ARTHUR J GALLAGHER & CO 2359506 189.67 13,325 2,527,352.75
1.53 MMC MARSH & MCLENNAN COS 2567741 164.88 15,142 2,496,612.96
1.51 VZ VERIZON COMMUNIC 2090571 38.66 63,954 2,472,461.64
1.50 PINC PREMIER INC-CLASS A BDZDRC5 32.13 76,271 2,450,587.23
1.46 COP CONOCOPHILLIPS 2685717 99.25 23,954 2,377,434.50
1.45 TMUS T-MOBILE US INC B94Q9V0 144.57 16,422 2,374,128.54
1.44 IBM IBM 2005973 129.22 18,218 2,354,129.96
1.43 T AT&T INC 2831811 19.08 122,333 2,334,113.64
1.41 JNJ JOHNSON & JOHNSON 2475833 153.43 15,056 2,310,042.08
1.33 CI THE CIGNA GROUP BHJ0775 254.09 8,546 2,171,453.14
1.30 TGNA TEGNA INC BZ0P3Z5 16.63 127,749 2,124,465.87
1.26 BRK/B BERKSHIRE HATH-B 2073390 305.08 6,727 2,052,273.16
1.24 FHN FIRST HORIZON CORP 2341484 17.41 116,595 2,029,918.95
1.22 JKHY JACK HENRY 2469193 147.98 13,489 1,996,102.22
1.19 EA ELECTRONIC ARTS INC 2310194 119.10 16,269 1,937,637.90
1.17 MCK MCKESSON CORP 2378534 357.78 5,342 1,911,260.76
1.09 VRTX VERTEX PHARM 2931034 312.16 5,724 1,786,803.84
1.09 ROG ROGERS CORP 2746700 162.83 10,892 1,773,544.36
1.08 PSA PUBLIC STORAGE 2852533 294.64 5,969 1,758,706.16
1.06 PGR PROGRESSIVE CORP 2705024 143.79 12,095 1,739,140.05
1.06 NOC NORTHROP GRUMMAN CORP 2648806 460.98 3,752 1,729,596.96
1.05 MPC MARATHON PETROLEUM CORP B3K3L40 133.94 12,772 1,710,681.68
0.97 KO COCA-COLA CO/THE 2206657 61.85 25,541 1,579,710.85
0.94 OXY OCCIDENTAL PETROLEUM CORP 2655408 62.32 24,750 1,542,420.00
0.94 PEP PEPSICO INC 2681511 180.83 8,446 1,527,290.18
0.92 HUM HUMANA INC 2445063 488.36 3,093 1,510,497.48
0.86 REGN REGENERON PHARMACEUTICALS 2730190 811.50 1,736 1,408,764.00
0.83 AZO AUTOZONE INC 2065955 2,406.19 564 1,357,091.16
0.74 HSY HERSHEY CO/THE 2422806 253.29 4,777 1,209,966.33
0.73 GIS GENERAL MILLS INC 2367026 84.96 14,011 1,190,374.56
0.71 EOG EOG RESOURCES INC 2318024 113.54 10,280 1,167,191.20
0.71 VLO VALERO ENERGY CORP 2041364 137.02 8,480 1,161,929.60
0.60 ADM ARCHER-DANIELS-MIDLAND CO 2047317 79.47 12,263 974,540.61
0.56 SRE SEMPRA ENERGY 2138158 149.56 6,126 916,204.56
0.56 NFG NATIONAL FUEL GAS CO 2626103 56.97 15,953 908,842.41
0.55 CTVA CORTEVA INC BK73B42 59.95 14,986 898,410.70
0.54 LNG CHENIERE ENERGY INC 2654364 156.89 5,615 880,937.35
0.52 ENPH ENPHASE ENERGY INC B65SQW4 205.27 4,157 853,307.39
0.52 ED CONSOLIDATED EDISON INC 2216850 94.72 8,919 844,807.68
0.52 HES HESS CORP 2023748 132.47 6,364 843,039.08
0.50 ABC AMERISOURCEBERGEN CORP 2795393 159.34 5,135 818,210.90
0.44 QGEN QIAGEN N.V. BYXS688 45.63 15,765 719,356.95
0.43 CAH CARDINAL HEALTH INC 2175672 74.85 9,327 698,166.06
0.41 FSLR FIRST SOLAR INC B1HMF22 213.32 3,155 673,024.60
0.39 VICI VICI PROPERTIES INC BYWH073 31.81 19,786 629,392.66
0.36 GPC GENUINE PARTS CO 2367480 164.37 3,601 591,896.37
0.35 ACGL ARCH CAPITAL GROUP LTD 2740542 67.86 8,331 565,341.66
0.33 ALNY ALNYLAM PHARMACE B00FWN1 195.12 2,788 543,994.56
0.33 STLD STEEL DYNAMICS INC 2849472 111.35 4,764 530,471.40
0.32 DVN DEVON ENERGY CORP 2480677 49.85 10,580 527,413.00
0.30 PWR QUANTA SERVICES INC 2150204 166.52 2,965 493,731.80
0.28 TPL TEXAS PACIFIC LAND CORP BM99VY2 1,694.84 271 459,301.64
0.27 WRB WR BERKLEY CORP 2093644 62.00 7,128 441,936.00
0.26 YUM YUM! BRANDS INC 2098876 129.33 3,294 426,013.02
0.24 SRPT SAREPTA THERAPEUTICS INC B8DPDT7 136.03 2,845 387,005.35
0.21 CASH 1.00 348,315 348,315.46
0.21 WTM WHITE MOUNTAINS 2339252 1,377.29 245 337,436.05
0.20 DGX QUEST DIAGNOSTICS INC 2702791 139.29 2,394 333,460.26
0.19 AES AES CORP 2002479 23.57 12,871 303,369.47
0.18 DG DOLLAR GENERAL CORP B5B1S13 207.69 1,448 300,735.12
0.18 CTRA COTERRA ENERGY INC 2162340 24.04 12,231 294,033.24
0.18 MRO MARATHON OIL CORP 2910970 23.71 12,334 292,439.14
0.17 LW LAMB WESTON HOLDINGS INC BDQZFJ3 102.86 2,763 284,202.18
0.17 CF CF INDUSTRIES HO B0G4K50 71.88 3,915 281,410.20
0.17 GLPI GAMING AND LEISU BFPK4S5 50.91 5,374 273,590.34
0.17 TRGP TARGA RESOURCES CORP B55PZY3 71.61 3,800 272,118.00
0.16 IRM IRON MOUNTAIN INC BVFTF03 51.79 5,082 263,196.78
0.16 ADP AUTOMATIC DATA PROCESSING 2065308 219.49 1,190 261,193.10
0.16 SAIC SCIENCE APPLICATIONS INTE BDTZZG7 106.68 2,410 257,098.80
0.16 LPLA LPL FINANCIAL HO B75JX34 198.94 1,288 256,234.72
0.15 CPB CAMPBELL SOUP CO 2162845 54.40 4,550 247,520.00
0.15 EQT EQT CORP 2319414 31.29 7,908 247,441.32
0.15 NBIX NEUROCRINE BIOSC 2623911 99.21 2,434 241,477.14
0.14 CHK CHESAPEAKE ENERGY CORP BMZ5LZ5 74.98 2,989 224,115.22
0.14 APD AIR PRODS & CHEM 2011602 277.97 805 223,765.85
0.13 UTHR UNITED THERAPEUTICS CORP 2430412 219.00 943 206,517.00
0.12 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 841.50 241 202,801.50
0.12 CACI CACI INTL-A 2159267 294.85 666 196,370.10
0.12 APA APA CORP BNNF1C1 35.38 5,358 189,566.04
0.12 HRB H&R BLOCK INC 2105505 34.60 5,460 188,916.00
0.11 ACHC ACADIA HEALTHCARE CO INC B65VZ37 71.25 2,598 185,107.50
0.11 AON AON PLC-CLASS A BLP1HW5 313.00 589 184,357.00
0.11 CASY CASEY'S GENERAL 2179414 214.43 817 175,189.31
0.10 VMI VALMONT INDUSTRIES 2926825 316.83 531 168,236.73
0.10 WSC WILLSCOT MOBILE BMHL0Z4 46.29 3,575 165,486.75
0.10 UNM UNUM GROUP 2433842 39.01 4,234 165,168.34
0.10 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 194.72 845 164,538.40
0.10 PAYX PAYCHEX INC 2674458 113.54 1,415 160,659.10
0.10 NDAQ NASDAQ INC 2965107 54.03 2,973 160,631.19
0.10 ESS ESSEX PROPERTY TRUST INC 2316619 204.18 785 160,281.30
0.10 GD GENERAL DYNAMICS CORP 2365161 226.49 700 158,543.00
0.10 ERIE ERIE INDEMNITY-A 2311711 227.17 693 157,428.81
0.10 CHD CHURCH & DWIGHT CO INC 2195841 86.84 1,803 156,572.52
0.10 FR FIRST IND REALTY 2360757 52.06 2,989 155,607.34
0.10 HRL HORMEL FOODS CORP 2437264 39.24 3,936 154,448.64
0.09 KR KROGER CO 2497406 49.06 3,135 153,803.10
0.09 FDS FACTSET RESEARCH 2329770 410.68 374 153,594.32
0.09 HALO HALOZYME THERAPEUTICS INC 2975098 37.31 4,100 152,971.00
0.09 MUSA MURPHY USA INC BCZWJ63 253.35 601 152,263.35
0.09 PBF PBF ENERGY INC-CLASS A B7F4TJ7 43.19 3,474 150,042.06
0.09 LNTH LANTHEUS HOLDINGS INC BP8S8J5 80.72 1,858 149,977.76
0.09 MDLZ MONDELEZ INTER-A B8CKK03 69.58 2,152 149,736.16
0.09 EME EMCOR GROUP INC 2474164 160.94 929 149,513.26
0.09 ICE INTERCONTINENTAL BFSSDS9 102.73 1,440 147,931.20
0.09 AR ANTERO RESOURCES CORP BFD2WR8 22.56 6,553 147,835.68
0.09 DINO HF SINCLAIR CORP BMZQ9C1 49.31 2,936 144,774.16
0.09 SON SONOCO PRODUCTS CO 2821395 59.85 2,408 144,118.80
0.09 SUI SUN COMMUNITIES INC 2860257 139.37 1,022 142,436.14
0.09 STZ CONSTELLATION-A 2170473 224.91 630 141,693.30
0.09 PG PROCTER & GAMBLE CO/THE 2704407 147.45 956 140,962.20
0.09 LDOS LEIDOS HOLDINGS INC BDV82B8 91.59 1,517 138,942.03
0.09 ELS EQUITY LIFESTYLE 2563125 65.72 2,114 138,932.08
0.09 IRDM IRIDIUM COMMUNIC B2QH310 61.28 2,266 138,860.48
0.09 DLB DOLBY LABORATO-A B04NJM9 84.33 1,641 138,385.53
0.08 KNSL KINSALE CAPITAL GROUP INC BD1MGQ3 296.28 463 137,177.64
0.08 DPZ DOMINO'S PIZZA INC B01SD70 327.65 408 133,681.20
0.08 COST COSTCO WHOLESALE CORP 2701271 491.48 270 132,699.60
0.08 SO SOUTHERN CO/THE 2829601 69.06 1,858 128,313.48
0.08 HII HUNTINGTON INGAL B40SSC9 206.97 610 126,251.70
0.08 INVH INVITATION HOMES INC BD81GW9 30.70 4,065 124,795.50
0.08 AKAM AKAMAI TECHNOLOGIES INC 2507457 76.55 1,628 124,623.40
0.08 AEE AMEREN CORPORATION 2050832 86.45 1,440 124,488.00
0.08 RLI RLI CORP 2719070 133.23 934 124,436.82
0.08 MAA MID-AMERICA APAR 2589132 148.48 837 124,277.76
0.07 BKI BLACK KNIGHT INC BDG75V1 56.51 2,141 120,987.91
0.07 BDX BECTON DICKINSON AND CO 2087807 245.17 493 120,868.81
0.07 DUK DUKE ENERGY CORP B7VD3F2 96.16 1,230 118,276.80
0.07 ALL ALLSTATE CORP 2019952 109.09 1,077 117,489.93
0.07 TRV TRAVELERS COS INC/THE 2769503 170.82 687 117,353.34
0.07 NJR NEW JERSEY RESOURCES CORP 2630513 52.77 2,221 117,202.17
0.07 HON HONEYWELL INTL 2020459 189.12 616 116,497.92
0.07 CVBF CVB FINANCIAL CORP 2160645 16.38 7,069 115,790.22
0.07 DLR DIGITAL REALTY TRUST INC B03GQS4 93.47 1,234 115,341.98
0.07 ADC AGREE REALTY CORP 2062161 67.51 1,702 114,902.02
0.07 CPT CAMDEN PROPERTY TRUST 2166320 103.21 1,103 113,840.63
0.07 CVS CVS HEALTH CORP 2577609 74.70 1,512 112,946.40
0.07 HE HAWAIIAN ELECTRIC INDS 2415204 38.12 2,912 111,005.44
0.07 CMC COMMERCIAL METALS CO 2213260 48.05 2,306 110,803.30
0.07 GEN GEN DIGITAL INC BJN4XN5 16.78 6,567 110,194.26
0.07 AGNC AGNC INVESTMENT CORP BYYHJL8 9.91 11,021 109,218.11
0.07 EXLS EXLSERVICE HOLDINGS INC B07LST0 161.08 675 108,729.00
0.07 KRTX KARUNA THERAPEUTICS INC BJMLSD2 180.20 601 108,300.20
0.06 MUR MURPHY OIL CORP 2611206 36.46 2,878 104,931.88
0.06 NLY ANNALY CAPITAL M BPMQ7X2 18.81 5,558 104,545.98
0.06 APLS APELLIS PHARMACE BYTQ6X1 66.02 1,557 102,793.14
0.06 HAE HAEMONETICS CORP/MASS 2401195 80.17 1,266 101,495.22
0.06 CELH CELSIUS HOLDINGS INC B19HX21 91.44 1,055 96,469.20
0.06 POST POST HOLDINGS INC B6T0518 89.00 1,076 95,764.00
0.06 SLGN SILGAN HOLDINGS INC 2809324 52.66 1,808 95,209.28
0.06 HAS HASBRO INC 2414580 52.36 1,802 94,352.72
0.06 SWN SOUTHWESTERN ENERGY CO 2828619 4.85 19,323 93,716.55
0.06 FLR FLUOR CORP 2696838 30.08 3,072 92,405.76
0.05 IONS IONIS PHARMACEUTICALS INC BDJ0LS6 34.89 2,396 83,596.44
0.05 HP HELMERICH & PAYNE 2420101 35.51 2,160 76,701.60
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 02/28/23

Sector Weight (%)
Health Care 29.5
Energy 13.4
Industrials 10.6
Financials 9.4
Information Technology 8.7
Communication Services 8.6
Consumer Staples 8.2
Utilities 3.8
Consumer Discretionary 3.7
Real Estate 2.6
Materials 1.5

Source: AltaVista Research, LLC

ETF Characteristics As of 03/30/23

Return on Equity 22.00%
Weighted Avg. Market Cap 136,179 M
2022 2023
Price-to-earnings 14.63 14.76
Price-to-book value 3.50 3.02

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.90
MSCI EAFE 0.88
MSCI Emg. Mkts 0.67
Standard Deviation 21.80%

Source: AltaVista Research, LLC

ETF Documents

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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