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 01/19/22

Inception Date 08/24/18
Total Expense Ratio 0.27%
Net Assets $179.24 million
NAV $31.12
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 01/19/22

Ticker AUSF
Bloomberg Index Ticker AWSUSF
CUSIP 37954Y574
ISIN US37954Y5740
Primary Exchange NYSE Arca
Shares Outstanding 5,760,002
Number of Holdings 189
30-Day Median Bid-Ask Spread 0.32%

Distributions As of 01/19/22

30-Day SEC Yield 2.02%
Distribution Frequency Quarterly
 Distribution History

ETF Prices As of 01/19/22

NAV $31.12 Daily Change -$0.17 -0.55%
Market Price $31.13 Daily Change -$0.14 -0.46%

Performance History

Premium Discount Chart
As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year 27.21% 27.45% 27.64%
3 Years 16.88% 16.88% 17.27%
Since Inception 11.27% 11.28% 11.61%
1 Year 27.21% 27.45% 27.64%
3 Years 16.88% 16.88% 17.27%
Since Inception 11.27% 11.28% 11.61%
Year-to-Date 27.21% 27.45% 27.64%
1 Month 7.00% 7.03% 7.02%
3 Months 8.09% 7.98% 8.17%
Since Inception 43.03% 43.07% 44.58%
Year-to-Date 27.21% 27.45% 27.64%
1 Month 7.00% 7.03% 7.02%
3 Months 8.09% 7.98% 8.17%
Since Inception 43.03% 43.07% 44.58%

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 01/19/22

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.58 CERN CERNER CORP 2185284 91.77 50,308 4,616,765.16
2.03 NLOK NORTONLIFELOCK INC BJN4XN5 26.36 138,028 3,638,418.08
1.92 CHNG CHANGE HEALTHCARE INC BK5CVS5 20.11 170,751 3,433,802.61
1.89 DOX AMDOCS LTD 2256908 75.66 44,797 3,389,341.02
1.89 PFE PFIZER INC 2684703 53.54 63,256 3,386,726.24
1.87 RSG REPUBLIC SERVICES INC 2262530 129.15 25,928 3,348,601.20
1.77 KR KROGER CO 2497406 48.58 65,220 3,168,387.60
1.63 GRMN GARMIN LTD B3Z5T14 131.23 22,232 2,917,505.36
1.61 MCD MCDONALD'S CORP 2550707 255.22 11,309 2,886,282.98
1.59 CSCO CISCO SYSTEMS INC 2198163 58.90 48,236 2,841,100.40
1.56 FLO FLOWERS FOODS INC 2744243 28.93 96,829 2,801,262.97
1.51 VZ VERIZON COMMUNIC 2090571 53.50 50,592 2,706,672.00
1.51 LMT LOCKHEED MARTIN CORP 2522096 377.33 7,158 2,700,928.14
1.50 T AT&T INC 2831811 27.28 98,196 2,678,786.88
1.49 WMT WALMART INC 2936921 143.94 18,577 2,673,973.38
1.46 WM WASTE MANAGEMENT INC 2937667 155.08 16,896 2,620,231.68
1.45 JNJ JOHNSON & JOHNSON 2475833 166.58 15,580 2,595,316.40
1.44 MMC MARSH & MCLENNAN COS 2567741 158.27 16,336 2,585,498.72
1.44 AJG ARTHUR J GALLAGHER & CO 2359506 154.59 16,688 2,579,797.92
1.43 PINC PREMIER INC-CLASS A BDZDRC5 37.92 67,719 2,567,904.48
1.37 AGNC AGNC INVESTMENT CORP BYYHJL8 15.06 163,520 2,462,611.20
1.37 TYL TYLER TECHNOLOGIES INC 2909644 466.74 5,272 2,460,653.28
1.37 PNM PNM RESOURCES INC 2707826 45.01 54,442 2,450,434.42
1.28 JKHY JACK HENRY 2469193 166.42 13,731 2,285,113.02
1.25 QGEN QIAGEN N.V. BYXS688 49.79 45,115 2,246,275.85
1.25 PSA PUBLIC STORAGE 2852533 357.04 6,263 2,236,141.52
1.03 KO COCA-COLA CO/THE 2206657 61.00 30,183 1,841,163.00
0.95 BRK/B BERKSHIRE HATH-B 2073390 314.75 5,427 1,708,148.25
0.94 CHTR CHARTER COMMUN-A BZ6VT82 581.30 2,901 1,686,351.30
0.81 MRK MERCK & CO. INC. 2778844 81.29 17,916 1,456,391.64
0.78 PEP PEPSICO INC 2681511 175.21 7,989 1,399,752.69
0.71 DUK DUKE ENERGY CORP B7VD3F2 102.17 12,435 1,270,483.95
0.65 EA ELECTRONIC ARTS INC 2310194 136.91 8,548 1,170,306.68
0.62 CHD CHURCH & DWIGHT CO INC 2195841 102.93 10,874 1,119,260.82
0.61 SUI SUN COMMUNITIES INC 2860257 193.98 5,641 1,094,241.18
0.61 COST COSTCO WHOLESALE CORP 2701271 490.16 2,223 1,089,625.68
0.60 HRL HORMEL FOODS CORP 2437264 49.15 21,715 1,067,292.25
0.58 PG PROCTER & GAMBLE CO/THE 2704407 161.13 6,440 1,037,678.49
0.58 PGR PROGRESSIVE CORP 2705024 107.63 9,630 1,036,476.90
0.57 CLX CLOROX COMPANY 2204026 181.13 5,651 1,023,565.63
0.57 MDLZ MONDELEZ INTER-A B8CKK03 67.60 15,094 1,020,354.40
0.57 BMY BRISTOL-MYERS SQUIBB CO 2126335 64.72 15,672 1,014,291.84
0.57 DD DUPONT DE NEMOURS INC BK0VN47 81.58 12,421 1,013,305.18
0.56 HSY HERSHEY CO/THE 2422806 199.64 5,051 1,008,381.64
0.56 WBA WALGREENS BOOTS BTN1Y44 53.53 18,808 1,006,792.24
0.56 BG BUNGE LTD 2788713 96.76 10,393 1,005,626.68
0.56 AZO AUTOZONE INC 2065955 1,945.89 514 1,000,187.46
0.55 ED CONSOLIDATED EDISON INC 2216850 82.15 12,048 989,743.20
0.55 HPE HEWLETT PACKA BYVYWS0 16.74 58,769 983,793.06
0.55 LSI LIFE STORAGE INC BDCSFJ6 136.13 7,180 977,413.40
0.55 SO SOUTHERN CO/THE 2829601 68.33 14,285 976,094.05
0.54 EXR EXTRA SPACE STORAGE INC B02HWR9 198.41 4,914 974,986.74
0.54 AEP AMERICAN ELECTRIC POWER 2026242 90.30 10,721 968,106.30
0.54 NXST NEXSTAR MEDIA-A 2949758 163.34 5,882 960,765.88
0.54 ADP AUTOMATIC DATA PROCESSING 2065308 224.83 4,268 959,574.44
0.54 BAX BAXTER INTERNATIONAL INC 2085102 85.60 11,202 958,891.20
0.53 LNT ALLIANT ENERGY CORP 2973821 59.42 16,122 957,969.24
0.53 FCN FTI CONSULTING INC 2351449 151.72 6,312 957,656.64
0.53 WRB WR BERKLEY CORP 2093644 82.53 11,598 957,182.94
0.53 NFG NATIONAL FUEL GAS CO 2626103 61.26 15,562 953,328.12
0.53 MAA MID-AMERICA APAR 2589132 209.16 4,557 953,142.12
0.53 AKAM AKAMAI TECHNOLOGIES INC 2507457 113.17 8,421 953,004.57
0.53 BKI BLACK KNIGHT INC BDG75V1 73.91 12,822 947,674.02
0.53 AEE AMEREN CORPORATION 2050832 87.64 10,791 945,723.24
0.53 GILD GILEAD SCIENCES INC 2369174 69.07 13,611 940,111.77
0.52 CPT CAMDEN PROPERTY TRUST 2166320 162.50 5,760 936,000.00
0.52 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 659.59 1,412 931,341.08
0.52 DPZ DOMINO'S PIZZA INC B01SD70 469.39 1,982 930,330.98
0.52 DG DOLLAR GENERAL CORP B5B1S13 219.94 4,228 929,906.32
0.52 ESS ESSEX PROPERTY TRUST INC 2316619 339.46 2,731 927,065.26
0.52 MORN MORNINGSTAR INC B081VR8 289.21 3,194 923,736.74
0.51 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 100.88 9,140 922,043.20
0.51 DLR DIGITAL REALTY TRUST INC B03GQS4 154.93 5,939 920,129.27
0.51 KHC KRAFT HEINZ CO/THE BYRY499 37.22 24,665 918,031.30
0.51 LLY ELI LILLY & CO 2516152 245.05 3,732 914,526.60
0.51 ARE ALEXANDRIA REAL 2009210 206.34 4,423 912,641.82
0.51 NOC NORTHROP GRUMMAN CORP 2648806 401.65 2,272 912,548.80
0.51 HE HAWAIIAN ELECTRIC INDS 2415204 41.88 21,720 909,633.60
0.51 ORI OLD REPUBLIC INTL CORP 2659109 24.95 36,319 906,159.05
0.51 PAYX PAYCHEX INC 2674458 121.27 7,463 905,038.01
0.51 PRU PRUDENTIAL FINANCIAL INC 2819118 113.19 7,989 904,274.91
0.50 ACN ACCENTURE PLC-CL A B4BNMY3 343.74 2,629 903,692.46
0.50 FYBR FRONTIER COMMUNI BP0V999 29.08 31,063 903,312.04
0.50 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 244.25 3,693 902,015.25
0.50 YUM YUM! BRANDS INC 2098876 124.50 7,229 900,010.50
0.50 CACI CACI INTL-A 2159267 275.80 3,225 889,455.00
0.50 HFC HOLLYFRONTIER CORP B5VX1H6 37.05 23,942 887,051.10
0.49 APD AIR PRODS & CHEM 2011602 285.57 3,099 884,981.43
0.49 TGNA TEGNA INC BZ0P3Z5 20.19 43,626 880,808.94
0.49 ICE INTERCONTINENTAL BFSSDS9 125.81 6,990 879,411.90
0.49 BXMT BLACKSTONE MOR-A B94QHZ0 31.25 28,027 875,843.75
0.49 AFG AMER FINL GROUP 2134532 130.57 6,686 872,991.02
0.49 LUMN LUMEN TECHNOLOGIES INC BMDH249 12.10 71,805 868,840.50
0.48 CUBE CUBESMART B6SW913 50.26 17,256 867,286.56
0.48 SON SONOCO PRODUCTS CO 2821395 58.52 14,792 865,627.84
0.48 ATR APTARGROUP INC 2045247 121.42 7,106 862,810.52
0.48 DGX QUEST DIAGNOSTICS INC 2702791 138.98 6,193 860,703.14
0.48 KMI KINDER MORGAN INC B3NQ4P8 17.43 48,928 852,815.04
0.48 NRZ NEW RESIDENT BRJ9GW0 10.86 78,320 850,555.20
0.47 ALL ALLSTATE CORP 2019952 120.93 6,975 843,486.75
0.47 UNM UNUM GROUP 2433842 26.96 31,268 842,985.28
0.47 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 227.67 3,681 838,053.27
0.46 FL FOOT LOCKER INC 2980906 44.21 18,803 831,280.63
0.46 DHR DANAHER CORP 2250870 287.03 2,891 829,803.73
0.46 WAT WATERS CORP 2937689 324.46 2,556 829,319.76
0.46 NDAQ NASDAQ INC 2965107 181.11 4,570 827,672.70
0.46 ELS EQUITY LIFESTYLE 2563125 78.22 10,580 827,567.60
0.46 HRB H&R BLOCK INC 2105505 22.13 36,853 815,556.89
0.45 C CITIGROUP INC 2297907 64.24 12,640 811,993.60
0.45 DTM DT MIDSTREAM INC BN7L880 50.28 16,135 811,267.80
0.45 UHAL AMERCO 2028174 647.23 1,250 809,037.50
0.45 VIAC VIACOMCBS INC - CLASS B BKTNTR9 35.07 23,031 807,697.17
0.45 NYCB NY COMM BANCORP 2711656 12.72 63,489 807,580.08
0.45 ERIE ERIE INDEMNITY-A 2311711 176.21 4,582 807,394.22
0.45 DIS WALT DISNEY CO/THE 2270726 150.11 5,341 801,737.51
0.45 NLY ANNALY CAPITAL M 2113456 7.79 102,543 798,809.97
0.44 MDT MEDTRONIC PLC BTN1Y11 107.76 7,350 792,036.00
0.44 TMUS T-MOBILE US INC B94Q9V0 105.38 7,469 787,083.22
0.44 AON AON PLC-CLASS A BLP1HW5 270.63 2,901 785,097.63
0.43 SBUX STARBUCKS CORP 2842255 96.87 7,995 774,475.65
0.43 ORCL ORACLE CORP 2661568 83.38 9,263 772,348.94
0.41 LBRDK LIBERTY BROADBAND-C BRTLC06 144.76 5,094 737,407.44
0.33 ADS ALLIANCE DATA 2762030 65.69 8,931 586,677.39
0.31 SLG SL GREEN REALTY CORP BM8F3T0 77.88 7,153 557,075.64
0.22 BIO BIO-RAD LABORATORIES-A 2098508 598.44 653 390,781.32
0.21 CVS CVS HEALTH CORP 2577609 102.90 3,642 374,761.80
0.20 PBCT PEOPLE'S UNITED FINANCIAL B1W41J2 20.35 17,319 352,441.65
0.19 CASH 1.00 347,786 347,785.88
0.19 IBM IBM 2005973 131.58 2,550 335,529.00
0.18 DISCA DISCOVERY INC - A B3D7K31 28.58 11,481 328,126.98
0.18 INTC INTEL CORP 2463247 53.62 6,058 324,829.96
0.17 CVX CHEVRON CORP 2838555 128.91 2,414 311,188.74
0.17 CFG CITIZENS FINANCIAL GROUP BQRX1X3 54.36 5,713 310,558.68
0.17 DOW DOW INC BHXCF84 59.84 4,972 297,524.48
0.15 AFL AFLAC INC 2026361 62.76 4,375 274,575.00
0.15 CI CIGNA CORP BHJ0775 238.80 1,107 264,351.60
0.15 WMB WILLIAMS COS INC 2967181 29.03 9,076 263,476.28
0.15 MAN MANPOWERGROUP INC 2562490 106.73 2,457 262,235.61
0.14 JEF JEFFERIES FINANC BG0Q4Z2 36.25 6,894 249,907.50
0.13 X UNITED STATES STEEL CORP 2824770 22.59 10,582 239,047.38
0.13 CGNX COGNEX CORP 2208288 68.85 3,278 225,690.30
0.12 KSS KOHLS CORP 2496113 51.83 4,305 223,128.15
0.12 JNPR JUNIPER NETWORKS INC 2431846 33.57 6,429 215,821.53
0.11 MPC MARATHON PETROLEUM CORP B3K3L40 73.35 2,728 200,098.80
0.11 UBSI UNITED BANKSHARES INC 2905794 38.10 5,019 191,223.90
0.11 FHN FIRST HORIZON CORP 2341484 17.59 10,704 188,283.36
0.10 OKE ONEOK INC 2130109 60.21 2,975 179,124.75
0.10 NWL NEWELL BRANDS INC 2635701 23.30 7,600 177,080.00
0.09 HPQ HP INC BYX4D52 36.60 4,607 168,616.20
0.09 UMPQ UMPQUA HOLDINGS CORP 2484389 20.41 8,212 167,606.92
0.09 STX SEAGATE TECHNOLO BKVD2N4 102.36 1,636 167,460.96
0.09 BKR BAKER HUGHES CO BDHLTQ5 26.29 6,234 163,891.86
0.09 RE EVEREST RE GROUP LTD 2556868 287.34 566 162,634.44
0.09 IVZ INVESCO LTD B28XP76 23.25 6,872 159,774.00
0.09 LEN LENNAR CORP-A 2511920 96.86 1,632 158,075.52
0.09 PFG PRINCIPAL FINANCIAL GROUP 2803014 74.59 2,115 157,757.85
0.09 WHR WHIRLPOOL CORP 2960384 206.87 756 156,393.72
0.09 SJM JM SMUCKER CO/THE 2951452 143.40 1,079 154,728.60
0.09 ADM ARCHER-DANIELS-MIDLAND CO 2047317 71.00 2,166 153,786.00
0.09 HII HUNTINGTON INGAL B40SSC9 193.68 788 152,619.84
0.09 PCAR PACCAR INC 2665861 94.16 1,617 152,256.72
0.08 TSN TYSON FOODS INC-CL A 2909730 92.71 1,620 150,190.20
0.08 HUN HUNTSMAN CORP B0650B9 37.49 3,995 149,772.55
0.08 FNF FIDELITY NATIONA BNBRDD4 52.76 2,818 148,677.68
0.08 RDN RADIAN GROUP INC 2173911 22.75 6,438 146,464.50
0.08 CMA COMERICA INC 2212870 96.67 1,514 146,358.38
0.08 NVT NVENT ELECTRIC PLC BDVJJQ5 35.84 4,009 143,662.52
0.08 KEY KEYCORP 2490911 25.59 5,537 141,691.83
0.08 CTVA CORTEVA INC BK73B42 47.22 2,976 140,526.72
0.08 VLY VALLEY NATIONAL BANCORP 2935326 14.52 9,493 137,838.36
0.08 COO COOPER COS INC/THE 2222631 398.12 342 136,157.04
0.08 EBAY EBAY INC 2293819 62.29 2,183 135,979.07
0.08 UHS UNIVERSAL HLTH-B 2923785 129.42 1,049 135,761.58
0.08 OMC OMNICOM GROUP 2279303 76.97 1,756 135,159.32
0.07 ZION ZIONS BANCORP NA 2989828 66.17 2,017 133,464.89
0.07 DKS DICK'S SPORTING GOODS INC 2969637 114.36 1,163 133,000.68
0.07 GD GENERAL DYNAMICS CORP 2365161 210.36 631 132,737.16
0.07 STWD STARWOOD PROPERT B3PQ520 24.69 5,367 132,511.23
0.07 RF REGIONS FINANCIAL CORP B01R311 23.65 5,595 132,321.75
0.07 LSTR LANDSTAR SYSTEM INC 2503994 168.96 780 131,788.80
0.07 MOS MOSAIC CO/THE B3NPHP6 41.94 3,089 129,552.66
0.07 RTX RAYTHEON TECHNOL BM5M5Y3 89.70 1,434 128,629.80
0.07 RGA REINSURANCE GROU 2731193 114.84 1,091 125,290.44
0.07 LNC LINCOLN NATIONAL CORP 2516378 71.38 1,738 124,058.44
0.07 IP INTERNATIONAL PAPER CO 2465254 49.35 2,458 121,302.30
0.07 STLD STEEL DYNAMICS INC 2849472 58.96 2,018 118,981.28
0.07 OGN ORGANON & CO BLDC8J4 32.24 3,674 118,449.76
0.06 LYLT LOYALTY VENTURES INC BPGMYB3 30.01 3,548 106,475.48
0.06 DISH DISH NETWORK CORP-A 2303581 34.05 2,958 100,719.90
0.01 KD KYNDRYL HLDGS INC BP6JW21 16.94 480 8,131.20
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Health Care 16.7
Financials 15.3
Information Technology 13.7
Consumer Staples 12.1
Communication 8.4
Consumer Discretionary 8.1
Industrials 7.9
Real Estate 7.2
Utilities 5.8
Materials 3.1
Energy 1.8

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 18.40%
Weighted Avg. Market Cap 83,039 M
2020 2021
Price-to-earnings 19.68 15.54
Price-to-book value 3.03 2.70

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.13
MSCI EAFE 1.11
MSCI Emg. Mkts 0.90
Standard Deviation 21.50%

Source: AltaVista Research, LLC

ETF Research

3 Questions on the Adaptive Wealth Strategies U.S. Factor Index

Read More

Introducing AUSF

Read More

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 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.