GRNR

Green Building ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider GRNR

High Growth Potential

Forecasts suggest the global green building materials market could more than double between 2020 and 2028 (from $256bn to $653bn), highlighting one of several growth opportunities among the categories that GRNR invests in.¹

Sustainable Theme

Green buildings typically have smaller carbon footprints, with less water and energy waste. These qualities may be appealing as sustainability is more widely embraced.

Conscious Approach

GRNR incorporates Environmental, Social & Governance (ESG) screens and follows ESG proxy voting guidelines to affect positive change alongside financial returns.

¹Verified Market Research, Mar 2022

Key Information As of 05/17/22

Inception Date	04/11/22
Total Expense Ratio	0.45%
Net Assets	$2.36 million
NAV	$23.61
Fact Sheet

ETF Summary

The Global X Green Building ETF (GRNR) invests in companies positioned to benefit from increasing demand for buildings that either positively impact the natural environment or reduce/eliminate negative impacts. This includes companies involved in green building development and management, as well as the technologies used to increase energy efficiency in residential, commercial and public buildings.

ETF Objective

The Global X Green Building ETF (GRNR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Green Building Index.

Trading Details As of 05/17/22

Ticker	GRNR
Bloomberg Index Ticker	SOLGRNR
CUSIP	37960A842
ISIN	US37960A8421
Primary Exchange	Nasdaq
Shares Outstanding	100,000
Number of Holdings	74
30-Day Median Bid-Ask Spread	0.45%

Distributions As of 05/17/22

30-Day SEC Yield	3.57%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/17/22

NAV	$23.61	Daily Change	$0.38	1.62%
Market Price	$23.74	Daily Change	$0.35	1.52%

As of recent (03/31/22)	Fund NAV	Market Price	Index
Year-to-Date	--	--	--
1 Month	--	--	--
3 Months	--	--	--
Since Inception	--	--	--
Year-to-Date	--	--	--
1 Month	--	--	-6.59%
3 Months	--	--	--
Since Inception	-4.65%	-4.97%	--

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
4.44	688 HK	CHINA OVERSEAS	6192150	3.04	34,450	104,889.33
3.85	BXP	BOSTON PROPERTIES INC	2019479	114.78	792	90,905.76
3.83	LR FP	LEGRAND SA	B11ZRK9	84.81	1,066	90,408.46
3.81	KNEBV FH	KONE OYJ-B	B09M9D2	46.86	1,920	89,975.03
3.71	CARR	CARRIER GLOBAL CORP	BK4N0D7	40.18	2,182	87,672.76
3.69	CICT SP	CAPITALAND INTEG	6420129	1.64	53,210	87,153.98
3.48	GFC FP	GECINA SA	7742468	112.52	730	82,139.13
3.15	8951 JP	NIPPON BUILDING FUND INC	6396800	5,306.93	14	74,296.99
2.68	LAND LN	LAND SECURITIES GROUP PLC	BYW0PQ6	9.26	6,825	63,203.74
2.49	8952 JP	JAPAN REAL ESTAT	6397580	4,904.65	12	58,855.84
2.43	BKG LN	BERKELEY GROUP	BLJNXL8	50.19	1,141	57,271.26
2.39	3283 JP	NIPPON PROLOGIS REIT INC	B98BC67	2,692.14	21	56,535.02
2.35	KRC	KILROY REALTY CORP	2495529	61.82	897	55,452.54
2.21	HKL SP	HONGKONG LAND	6434915	4.66	11,220	52,285.20
2.19	VNO	VORNADO REALTY TRUST	2933632	35.69	1,446	51,607.74
2.16	3281 JP	GLP J-REIT	B8RBZV7	1,309.71	39	51,078.79
2.10	3462 JP	NOMURA REAL ESTA	BYSJJF4	1,271.81	39	49,600.43
2.08	2202 HK	CHINA VANKE CO LTD-H	BN320P8	2.32	21,170	49,083.60
2.08	8953 JP	JAPAN METROPOLIT	6513342	803.78	61	49,030.29
2.01	COV FP	COVIVIO	7745638	70.38	675	47,504.66
1.90	CUZ	COUSINS PROPERTIES INC	BJP0MF6	34.82	1,286	44,778.52
1.89	LI FP	KLEPIERRE	7582556	23.82	1,872	44,592.56
1.75	DEI	DOUGLAS EMMETT INC	B1G3M58	28.41	1,453	41,279.73
1.70	VCX AU	VICINITY CENTRES	BY7QXS7	1.32	30,269	40,065.84
1.60	BEAN SW	BELIMO HOLDING AG-REG	BP0QDP8	384.25	98	37,656.24
1.53	8954 JP	ORIX JREIT INC	6527774	1,386.30	26	36,043.79
1.46	MTH	MERITAGE HOMES CORP	2601326	84.47	407	34,379.29
1.37	NRP SJ	NEPI ROCKCASTLE PLC	BDD7WV3	5.97	5,414	32,334.70
1.33	101 HK	HANG LUNG PROPERTIES LTD	6030506	1.83	17,110	31,387.50
1.30	MRL SM	MERLIN PROPERTIE	BNGNB77	10.90	2,820	30,750.02
1.26	FABG SS	FABEGE AB	BFM6T36	12.23	2,437	29,811.22
1.24	8960 JP	UNITED URBAN	6723839	1,123.27	26	29,205.12
1.16	3249 JP	INDUSTRIAL & INF	B24HH65	1,444.32	19	27,442.08
1.15	817 HK	CHINA JINMAO HOL	B23TGR6	0.30	91,040	27,138.90
1.06	MCT SP	MAPLETREE COMMER	B5143W8	1.31	19,190	25,062.34
1.05	3466 JP	LASALLE LOGIPORT REIT	BDD1L29	1,377.02	18	24,786.29
1.04	8955 JP	JAPAN PRIM REALT	6528175	3,063.47	8	24,507.79
1.00	1972 HK	SWIRE PROPERTIES LTD	B67C2G0	2.41	9,860	23,715.00
1.00	HPP	HUDSON PACIFIC P	B64B9P8	20.80	1,136	23,628.80
0.97	FLT SP	FRASERS LOGISTIC	BYYFHZ2	0.97	23,590	22,978.93
0.84	CIT SP	CITY DEVELOPMENTS LTD	6197928	5.89	3,360	19,783.25
0.82	884 HK	CIFI HOLDINGS GR	B8Z00N3	0.44	44,360	19,383.39
0.81	3279 JP	ACTIVIA PROPERTIES INC	B8BSRY1	3,202.72	6	19,216.34
0.81	COL SM	INMOBILIARIA COL	BD0PJ08	8.13	2,360	19,194.88
0.75	PDM	PIEDMONT OFFIC-A	B3M3278	15.46	1,150	17,779.00
0.75	3292 JP	AEON REIT INVESTMENT CORP	BFSSCF9	1,173.56	15	17,603.37
0.69	BDN	BRANDYWINE REALTY TRUST	2518954	11.24	1,453	16,331.72
0.64	FCT SP	FRASERS CENTREPOINT TRUST	B17NZ47	1.67	9,060	15,101.09
0.61	CTPNV NA	CTP NV	BLF7T27	14.03	1,020	14,313.98
0.61	LIAB SS	LINDAB INTERNATIONAL AB	B1HP071	19.33	740	14,304.77
0.57	MHO	M/I HOMES INC	2549385	46.47	290	13,476.30
0.55	CAI AV	CA IMMOBILIEN ANLAGEN AG	5681046	30.39	430	13,069.84
0.55	HMSO LN	HAMMERSON PLC	BK7YQK6	0.35	36,550	12,858.07
0.54	KREIT SP	KEPPEL REIT	B12RQH4	0.84	15,280	12,789.38
0.53	HUFVA SS	HUFVUDSTADEN AB-A SHS	4449137	12.65	990	12,519.09
0.44	3453 JP	KENEDIX RETAIL REIT CORP	BTLX226	2,092.60	5	10,463.00
0.44	BCPT LN	BMO COMMERCIAL P	B4ZPCJ0	1.49	6,950	10,365.76
0.44	ECMPA NA	EUROCOMMERCIAL P	BMZ4R21	23.89	430	10,274.66
0.35	81 HK	CHINA OVERSEAS G	6803247	0.54	15,460	8,370.33
0.34	CTY1S FH	CITYCON OYJ	BHWV281	7.91	1,000	7,906.91
0.33	3487 JP	CRE LOGISTICS REIT INC	BFXZ9X2	1,535.61	5	7,678.03
0.33	BRPR3 BZ	BR PROPERTIES SA	B1FLW42	1.85	4,150	7,671.67
0.32	PRIME SP	PRIME US REIT	BJK0400	0.75	10,170	7,627.50
0.32	410 HK	SOHO CHINA LTD	B27WLD2	0.18	42,300	7,490.30
0.32	8968 JP	FUKUOKA REIT CORP	B0B8154	1,247.83	6	7,486.95
0.31	LREIT SP	LENDLEASE GLOBAL	BKBPXB5	0.56	13,260	7,415.04
0.31	3493 JP	ITOCHU ADVANCE L	BZ1KQN8	1,223.07	6	7,338.41
0.31	2979 JP	SOSILA LOGISTICS REIT INC	BG0WNL9	1,201.41	6	7,208.45
0.30	MERY FP	MERCIALYS	B0LMF87	9.33	760	7,094.20
0.27	WHA NA	WERELDHAVE NV	4948623	16.34	390	6,372.83
0.26	D-U CN	DREAM OFFICE REA	BMJJVS6	18.33	340	6,233.55
0.26	FSP	FRANKLIN STREET	B02T2D1	4.68	1,300	6,084.00
0.25	ATRLJB SS	ATRIUM LJUNGBERG AB-B SHS	B1TJ338	15.86	370	5,867.19
0.16		CASH		1.00	3,741	3,741.44
0.02	CDREIT SP	CDL HOSPITALITY TRUSTS	B192HG8	0.93	534	497.27

Holdings are subject to change.

Sector Breakdown As of 04/30/22

	Sector	Weight (%)
	Real Estate	81.5
	Industrials	14.1
	Consumer Discretionary	4.4

Source: AltaVista Research, LLC

Country Breakdown As of 04/30/22

	Country	Weight (%)
	Japan	22.9
	United States	20.8
	France	11.7
	Singapore	8.6
	Hong Kong	8.4
	Britain	7.0
	Finland	4.2
	China	3.3
	Sweden	2.7
	Bermuda	2.2
	Spain	2.1
	Other/Cash	6.1

Source: AltaVista Research, LLC

ETF Characteristics As of 05/17/22

Return on Equity	6.70%
Weighted Avg. Market Cap	9,735 M
	2021	2022
Price-to-earnings	13.80	12.86
Price-to-book value	0.88	0.85

Source: AltaVista Research, LLC

ETF Research

Introducing GRNR: The Case for Green Buildings

Latest Premium / Discount As of 05/17/22

NAV	$23.61
Market Price	$23.74
Premium / (Discount)	$0.13

Current View 2022 Q2 As of 05/17/22

Days at Premium	15
Days at NAV	2
Days at Discount	9
Greatest Premium	1.45%
Greatest Discount	-0.52%

Daily Premium / Discount History As of 05/17/22

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 possible loss of principal. The investable universe in which GRNR invests may be limited. Real estate and REITs are subject to changes in economic conditions, credit risk and interest rate fluctuations. Social responsibility investment criteria limit the types of securities that can be included, which could cause the Fund to underperform other funds that do not have a social responsibility focus. International investments, including emerging markets, may involve risk of capital loss from unfavorable fluctuation in currency values, from the differences in generally accepted accounting principles or from social, economic or political instability in other nations. GRNR 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.

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 Solactive AG, nor does Solactive AG 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 Solactive AG.

GRNR

Green Building ETF

Reasons to Consider GRNR

High Growth Potential

Sustainable Theme

Conscious Approach

Key Information As of 05/17/22

ETF Summary

ETF Objective

Trading Details As of 05/17/22

Distributions As of 05/17/22

ETF Prices As of 05/17/22

Performance History

Top Holdings As of 05/17/22

Sector Breakdown As of 04/30/22

Country Breakdown As of 04/30/22

ETF Characteristics As of 05/17/22

ETF Research

Introducing GRNR: The Case for Green Buildings

ETF Documents