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FYLG

Financials Covered Call & Growth ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider FYLG

High Income Potential

FYLG seeks to generate income by writing covered calls on the Financial Select Sector SPDR Fund.

Upside Potential

By writing calls on 50% of the Financial Select Sector SPDR Fund, the strategy allows investors to capture half the upside potential of the Financial Select Sector Index.

Monthly Distributions

FYLG seeks to make distributions on a monthly basis.

Key Information As of 03/23/23

Inception Date	11/21/22
Gross Expense Ratio	0.66%
Net Expense Ratio*	0.60%
Net Assets	$2.19 million
NAV	$21.90
Fact Sheet

*Fee waivers are contractual and in effect until at least March 1, 2024.

ETF Summary

The Global X Financials Covered Call & Growth ETF (FYLG) follows a “covered call” or “buy-write” strategy, in which the Fund buys the stocks in the Financial Select Sector Index and the Financial Select Sector SPDR Fund, and “writes” or “sells” corresponding call options on the Financial Select Sector SPDR Fund representing approximately 50% of the value of FYLG’s portfolio.

ETF Objective

The Global X Financials Covered Call & Growth ETF (FYLG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P Financial Select Sector Half BuyWrite Index.

Trading Details As of 03/23/23

Ticker	FYLG
Bloomberg Index Ticker	BXLFH
CUSIP	37960A768
ISIN	US37960A7688
Primary Exchange	NYSE Arca
Shares Outstanding	100,000
Number of Holdings	77
30-Day Median Bid-Ask Spread	0.24%

Distributions As of 03/23/23

30-Day SEC Yield	1.70%
Unsubsidized 30-Day SEC Yield	1.64%
Distribution Frequency	Monthly

ETF Prices As of 03/23/23

NAV	$21.90	Daily Change	-$0.14	-0.64%
Market Price	$21.93	Daily Change	-$0.20	-0.90%

As of recent (12/31/22)	Fund NAV	Market Price	Index
Year-to-Date	--	--	--
1 Month	-3.40%	-3.13%	-3.23%
3 Months	--	--	12.20%
Since Inception	-1.73%	-1.57%	-1.52%
Year-to-Date	4.00%	4.04%	4.43%
1 Month	-1.42%	-1.22%	-1.21%
3 Months	0.47%	0.79%	1.06%
Since Inception	2.20%	2.41%	2.84%

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.

Option Positions	Notional Exposure	Strike	Moneyness	Expiration Date	Calendar Days to Expiry
Short Financial Select Sector SPDR Call Option	-$1,107,057	32	96.90%	04/21/2023	29

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
55.70	XLF	SPDR-FINL SELECT	2364038	31.01	39,344	1,220,057.44
5.74	BRK/B	BERKSHIRE HATH-B	2073390	298.37	421	125,613.77
3.97	JPM	JPMORGAN CHASE & CO	2190385	126.84	685	86,885.40
3.85	V	VISA INC-CLASS A SHARES	B2PZN04	222.59	379	84,361.61
3.19	MA	MASTERCARD INC - A	B121557	354.37	197	69,810.89
2.00	BAC	BANK OF AMERICA CORP	2295677	26.97	1,627	43,880.19
1.48	WFC	WELLS FARGO & CO	2649100	36.61	887	32,473.07
1.19	MS	MORGAN STANLEY	2262314	85.84	304	26,095.36
1.17	SPGI	S&P GLOBAL INC	BYV2325	332.25	77	25,583.25
1.14	GS	GOLDMAN SACHS GROUP INC	2407966	314.85	79	24,873.15
1.04	BLK	BLACKROCK INC	2494504	651.78	35	22,812.30
1.03	AXP	AMERICAN EXPRESS CO	2026082	162.76	138	22,460.88
0.89	C	CITIGROUP INC	2297907	43.45	450	19,552.50
0.87	PYPL	PAYPAL HOLDINGS INC	BYW36M8	72.56	263	19,083.28
0.86	PGR	PROGRESSIVE CORP	2705024	137.83	136	18,744.88
0.86	SCHW	SCHWAB (CHARLES) CORP	2779397	52.89	354	18,723.06
0.83	MMC	MARSH & MCLENNAN COS	2567741	158.65	115	18,244.75
0.82	CB	CHUBB LTD	B3BQMF6	186.01	96	17,856.96
0.75	FISV	FISERV INC	2342034	111.10	147	16,331.70
0.68	CME	CME GROUP INC	2965839	180.03	83	14,942.49
0.66	AON	AON PLC-CLASS A	BLP1HW5	302.99	48	14,543.52
0.57	ICE	INTERCONTINENTAL	BFSSDS9	96.53	129	12,452.37
0.52	PNC	PNC FINANCIAL SE	2692665	122.13	93	11,358.09
0.52	USB	US BANCORP	2736035	35.06	322	11,289.32
0.48	MCO	MOODY'S CORP	2252058	290.37	36	10,453.32
0.46	TFC	TRUIST FINANCIAL CORP	BKP7287	32.57	306	9,966.42
0.45	MSCI	MSCI INC	B2972D2	546.96	18	9,845.28
0.41	AJG	ARTHUR J GALLAGHER & CO	2359506	184.44	49	9,037.56
0.40	TRV	TRAVELERS COS INC/THE	2769503	163.86	53	8,684.58
0.38	MET	METLIFE INC	2573209	54.30	152	8,253.60
0.37	AFL	AFLAC INC	2026361	62.53	129	8,066.37
0.37	AIG	AMERICAN INTERNA	2027342	47.16	171	8,064.36
0.36	COF	CAPITAL ONE FINA	2654461	89.91	88	7,912.08
0.33	BK	BANK NY MELLON	B1Z77F6	43.24	169	7,307.56
0.33	AMP	AMERIPRISE FINANCIAL INC	B0J7D57	297.16	24	7,131.84
0.31	FIS	FIDELITY NATIONA	2769796	49.97	136	6,795.92
0.30	PRU	PRUDENTIAL FINANCIAL INC	2819118	77.23	84	6,487.32
0.29	ALL	ALLSTATE CORP	2019952	105.58	60	6,334.80
0.27	GPN	GLOBAL PAYMENTS INC	2712013	98.44	60	5,906.40
0.27	STT	STATE STREET CORP	2842040	72.69	80	5,815.20
0.26	DFS	DISCOVER FINANCI	B1YLC43	93.57	61	5,707.77
0.26	ACGL	ARCH CAPITAL GROUP LTD	2740542	65.60	85	5,576.00
0.25	TROW	T ROWE PRICE GROUP INC	2702337	108.85	51	5,551.35
0.25	WTW	WILLIS TOWERS WATSON PLC	BDB6Q21	226.19	24	5,428.56
0.22	HIG	HARTFORD FINL SV	2476193	65.79	72	4,736.88
0.20	MTB	M & T BANK CORP	2340168	112.37	39	4,382.43
0.19	NDAQ	NASDAQ INC	2965107	52.49	77	4,041.73
0.18	RJF	RAYMOND JAMES	2718992	91.31	44	4,017.64
0.18	FITB	FIFTH THIRD BANCORP	2336747	25.34	155	3,927.70
0.18	FDS	FACTSET RESEARCH	2329770	392.59	10	3,925.90
0.18	NTRS	NORTHERN TRUST CORP	2648668	83.22	47	3,911.34
0.17	CINF	CINCINNATI FINANCIAL CORP	2196888	105.98	36	3,815.28
0.17	RF	REGIONS FINANCIAL CORP	B01R311	17.53	211	3,698.83
0.17	PFG	PRINCIPAL FINANCIAL GROUP	2803014	71.26	51	3,634.26
0.16	HBAN	HUNTINGTON BANCSHARES INC	2445966	10.68	325	3,471.00
0.16	MKTX	MARKETAXESS HOLDINGS INC	B03Q9D0	383.21	9	3,448.89
0.16	RE	EVEREST RE GROUP LTD	2556868	341.79	10	3,417.90
0.16	FLT	FLEETCOR TECHNOLOGIES INC	B4R28B3	199.76	17	3,395.92
0.15	CFG	CITIZENS FINANCIAL GROUP	BQRX1X3	29.89	111	3,317.79
0.14	CBOE	CBOE GLOBAL MARKETS INC	B5834C5	127.18	24	3,052.32
0.13	BRO	BROWN & BROWN INC	2692687	55.06	53	2,918.18
0.13	WRB	WR BERKLEY CORP	2093644	59.97	46	2,758.62
0.13	SYF	SYNCHRONY FINANCIAL	BP96PS6	28.01	98	2,744.98
0.11	JKHY	JACK HENRY	2469193	146.68	16	2,346.88
0.11	KEY	KEYCORP	2490911	11.27	207	2,332.89
0.11	L	LOEWS CORP	2523022	53.78	43	2,312.54
0.10	GL	GLOBE LIFE INC	BK6YKG1	106.36	20	2,127.20
0.10	BEN	FRANKLIN RESOURCES INC	2350684	26.19	80	2,095.20
0.09	IVZ	INVESCO LTD	B28XP76	15.04	130	1,955.20
0.08	AIZ	ASSURANT INC	2331430	112.30	16	1,796.80
0.07	CMA	COMERICA INC	2212870	40.70	40	1,628.00
0.07		CASH		1.00	1,517	1,516.86
0.05	ZION	ZIONS BANCORP NA	2989828	27.45	40	1,098.00
0.04	LNC	LINCOLN NATIONAL CORP	2516378	20.39	40	815.60
0.03	FRC	FIRST REPUBLIC BANK/CA	B4WHY15	12.53	50	626.50
0.00	SBNY	SIGNATURE BANK	B00JQL9	0.01	20	0.20
0.00	SIVB	SVB FINANCIAL GROUP	2808053	0.01	18	0.18
-1.15		2XLF US 04/21/2023 C32		70.52	-357	-25,175.57

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Research

Introducing the Global X Sector Covered Call & Growth ETFs (TYLG, FYLG, HYLG)

Latest Premium / Discount As of 03/23/23

NAV	$21.90
Market Price	$21.93
Premium / (Discount)	$0.03

Current View 2023 Q1 As of 03/23/23

Days at Premium	51
Days at NAV	0
Days at Discount	5
Greatest Premium	0.46%
Greatest Discount	-0.12%

Daily Premium / Discount History As of 03/23/23

Hover over the chart points for details

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. Concentration in a particular industry or sector will subject FYLG to loss due to adverse occurrences that may affect that industry or sector. Investors in FYLG should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

FYLG engages in options trading. An option is a contract sold by one party to another that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed upon price within a certain period or on a specific date. A covered call option involves holding a long position in a particular asset, in this case U.S. common equities, and writing a call option on that same asset with the goal of realizing additional income from the option premium. By selling covered call options, the fund limits its opportunity to profit from an increase in the price of the underlying index above the exercise price, but continues to bear the risk of a decline in the index. A liquid market may not exist for options held by the fund. While the fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below the indices current market price. FYLG 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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

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 Cboe, nor does Cboe 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 Cboe.