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HYLG

Health Care Covered Call & Growth ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider HYLG

High Income Potential

HYLG seeks to generate income by writing covered calls on the Health Care Select Sector SPDR Fund.

Upside Potential

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

Monthly Distributions

HYLG 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	$2.38 million
NAV	$23.77
Fact Sheet

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

ETF Summary

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

ETF Objective

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

Trading Details As of 03/23/23

Ticker	HYLG
Bloomberg Index Ticker	BXLVH
CUSIP	37960A750
ISIN	US37960A7506
Primary Exchange	NYSE Arca
Shares Outstanding	100,000
Number of Holdings	67
30-Day Median Bid-Ask Spread	0.63%

Distributions As of 03/23/23

30-Day SEC Yield	1.20%
Unsubsidized 30-Day SEC Yield	1.14%
Distribution Frequency	Monthly

ETF Prices As of 03/23/23

NAV	$23.77	Daily Change	-$0.08	-0.34%
Market Price	$23.75	Daily Change	-$0.07	-0.29%

As of recent (12/31/22)	Fund NAV	Market Price	Index
Year-to-Date	--	--	--
1 Month	-0.80%	-0.64%	-0.96%
3 Months	--	--	11.42%
Since Inception	1.42%	1.46%	1.41%
Year-to-Date	-4.18%	-4.22%	-4.20%
1 Month	-3.28%	-3.05%	-3.35%
3 Months	-4.94%	-4.83%	-5.12%
Since Inception	-2.82%	-2.82%	-2.85%

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 Health Care Select Sector SPDR Call Option	-$1,192,820	127	98.90%	04/21/2023	29

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
55.44	XLV	HEALTH CARE SELECT SECTOR	2371823	125.56	10,497	1,318,003.32
4.19	UNH	UNITEDHEALTH GROUP INC	2917766	469.91	212	99,620.92
3.78	JNJ	JOHNSON & JOHNSON	2475833	151.13	594	89,771.22
2.61	ABBV	ABBVIE INC	B92SR70	155.30	399	61,964.70
2.52	LLY	ELI LILLY & CO	2516152	332.64	180	59,875.20
2.51	MRK	MERCK & CO. INC.	2778844	104.23	572	59,619.56
2.14	PFE	PFIZER INC	2684703	40.18	1,267	50,908.06
2.08	TMO	THERMO FISHER	2886907	555.19	89	49,411.91
1.63	ABT	ABBOTT LABORATORIES	2002305	97.04	399	38,718.96
1.56	DHR	DANAHER CORP	2250870	246.93	150	37,039.50
1.37	BMY	BRISTOL-MYERS SQUIBB CO	2126335	66.98	487	32,619.26
1.20	AMGN	AMGEN INC	2023607	233.10	122	28,438.20
1.01	ELV	ELEVANCE HEALTH INC	BSPHGL4	446.30	54	24,100.20
0.98	MDT	MEDTRONIC PLC	BTN1Y11	77.57	300	23,271.00
0.95	GILD	GILEAD SCIENCES INC	2369174	78.76	287	22,604.12
0.90	CVS	CVS HEALTH CORP	2577609	72.37	296	21,421.52
0.88	SYK	STRYKER CORP	2853688	274.28	76	20,845.28
0.82	ISRG	INTUITIVE SURGICAL INC	2871301	244.47	80	19,557.60
0.81	REGN	REGENERON PHARMACEUTICALS	2730190	802.16	24	19,251.84
0.74	VRTX	VERTEX PHARM	2931034	304.75	58	17,675.50
0.73	CI	THE CIGNA GROUP	BHJ0775	256.58	68	17,447.44
0.71	ZTS	ZOETIS INC	B95WG16	161.24	105	16,930.20
0.65	BSX	BOSTON SCIENTIFIC CORP	2113434	47.94	320	15,340.80
0.64	BDX	BECTON DICKINSON AND CO	2087807	236.38	64	15,128.32
0.60	HUM	HUMANA INC	2445063	491.35	29	14,249.15
0.51	HCA	HCA HEALTHCARE INC	B4MGBG6	252.77	48	12,132.96
0.48	MRNA	MODERNA INC	BGSXTS3	149.42	76	11,355.92
0.47	EW	EDWARDS LIFESCIENCES CORP	2567116	79.55	140	11,137.00
0.45	MCK	MCKESSON CORP	2378534	335.83	32	10,746.56
0.43	DXCM	DEXCOM INC	B0796X4	114.50	90	10,305.00
0.38	IDXX	IDEXX LABORATORIES INC	2459202	478.74	19	9,096.06
0.37	A	AGILENT TECHNOLOGIES INC	2520153	131.13	67	8,785.71
0.37	BIIB	BIOGEN INC	2455965	265.17	33	8,750.61
0.34	CNC	CENTENE CORP	2807061	62.58	130	8,135.40
0.34	IQV	IQVIA HOLDINGS INC	BDR73G1	188.00	43	8,084.00
0.33	ILMN	ILLUMINA INC	2613990	216.95	36	7,810.20
0.31	MTD	METTLER-TOLEDO	2126249	1,451.10	5	7,255.50
0.29	RMD	RESMED INC	2732903	210.59	33	6,949.47
0.26	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	75.71	83	6,283.93
0.26	ZBH	ZIMMER BIOMET HO	2783815	124.96	50	6,248.00
0.24	WST	WEST PHARMACEUT	2950482	331.85	17	5,641.45
0.23	ABC	AMERISOURCEBERGEN CORP	2795393	150.93	36	5,433.48
0.22	ALGN	ALIGN TECHNOLOGY INC	2679204	311.48	17	5,295.16
0.21	PODD	INSULET CORP	B1XGNW4	311.49	16	4,983.84
0.20	HOLX	HOLOGIC INC	2433530	78.53	60	4,711.80
0.18	LH	LABORATORY CP	2586122	214.65	20	4,293.00
0.18	BAX	BAXTER INTERNATIONAL INC	2085102	38.12	110	4,193.20
0.18	STE	STERIS PLC	BFY8C75	181.42	23	4,172.66
0.17	CAH	CARDINAL HEALTH INC	2175672	69.01	60	4,140.60
0.16	WAT	WATERS CORP	2937689	298.17	13	3,876.21
0.16	PKI	PERKINELMER INC	2305844	125.10	30	3,753.00
0.15	DGX	QUEST DIAGNOSTICS INC	2702791	135.39	26	3,520.14
0.15	COO	COOPER COS INC/THE	2222631	344.96	10	3,449.60
0.14	MOH	MOLINA HEALTHCARE INC	2212706	263.68	13	3,427.84
0.12	INCY	INCYTE CORP	2471950	72.26	40	2,890.40
0.11	TECH	BIO-TECHNE CORP	BSHZ3Q0	71.92	36	2,589.12
0.11	CTLT	CATALENT INC	BP96PQ4	62.64	40	2,505.60
0.10	VTRS	VIATRIS INC	BMWS3X9	9.20	270	2,484.00
0.10	TFX	TELEFLEX INC	2881407	241.34	10	2,413.40
0.10	HSIC	HENRY SCHEIN INC	2416962	78.13	30	2,343.90
0.10	BIO	BIO-RAD LABORATORIES-A	2098508	456.32	5	2,281.60
0.08	CRL	CHARLES RIVER LA	2604336	193.71	10	1,937.10
0.08	XRAY	DENTSPLY SIRONA INC	BYNPPC6	36.76	50	1,838.00
0.08	UHS	UNIVERSAL HLTH-B	2923785	121.80	15	1,827.00
0.05	OGN	ORGANON & CO	BLDC8J4	21.42	60	1,285.20
0.05		CASH		1.00	1,127	1,127.44
0.03	DVA	DAVITA INC	2898087	75.24	10	752.40
-0.71		2XLV US 04/21/2023 C127		176.54	-95	-16,771.65

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	$23.77
Market Price	$23.75
Premium / (Discount)	($0.02)

Current View 2023 Q1 As of 03/23/23

Days at Premium	15
Days at NAV	0
Days at Discount	41
Greatest Premium	0.80%
Greatest Discount	-0.36%

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 HYLG to loss due to adverse occurrences that may affect that industry or sector. Investors in HYLG should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses. The health care industry could be adversely affected by various political, regulatory, supply-and-demand, and other economic factors.

HYLG 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. HYLG 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.