ONOF


Adaptive U.S. Risk Management ETF

Reasons to Consider ONOF

Risk Management

ONOF is designed to maintain exposure to the equity markets when the trending environment is positive, and then move to a risk-off position when that trend reverses.

Four Signal Approach

ONOF incorporates moving average, convergence/ divergence (MACD), drawdown, and volatility as indicators to shift between equity and fixed income exposure – each receiving an equal vote in the strategy.

Lessen Downside Risk

The strategy seeks to mitigate the extent of drawdowns while remaining invested in equities as much as possible.

Key Information As of 06/13/24

Inception Date 01/12/21
Total Expense Ratio 0.40%
Net Assets $127.60 million
NAV $33.85
Fact Sheet View the document

ETF Summary

The Global X Adaptive U.S. Risk Management ETF (ONOF) seeks to provide a risk management solution by employing four technical indicators to dictate whether the Fund is participating in the U.S. equity markets or in a defensive stance in short term treasuries.

ETF Objective

The Global X Adaptive U.S. Risk Management ETF (ONOF) 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. Risk Management Index.

Trading Details As of 06/13/24

Ticker ONOF
Bloomberg Index Ticker AWSRSK
CUSIP 37954Y194
ISIN US37954Y1947
Primary Exchange NYSE Arca
Shares Outstanding 3,770,000
Number of Holdings 505
30-Day Median Bid-Ask Spread 0.28%

Distributions As of 06/13/24

30-Day SEC Yield 1.00%
Distribution Frequency Semi-Annually

ETF Prices As of 06/13/24

NAV $33.85 Daily Change $0.07 0.21%
Market Price $33.91 Daily Change $0.06 0.18%

Performance History

As of recent
(03/31/24)
As of recent
(03/31/24)
Fund NAV Market Price Index
1 Year 21.80% 22.07% 22.32%
3 Years 9.56% 9.56% 9.87%
Since Inception 10.17% 10.23% 10.37%
1 Year 19.96% 19.83% 20.47%
3 Years 7.71% 7.67% 8.08%
Since Inception 9.81% 9.81% 10.03%
Year-to-Date 10.36% 10.57% 10.49%
1 Month 3.06% 3.05% 3.10%
3 Months 10.36% 10.57% 10.49%
Since Inception 36.53% 36.77% 37.36%
Year-to-Date 10.94% 10.94% 11.15%
1 Month 4.78% 4.48% 4.80%
3 Months 3.59% 3.40% 3.70%
Since Inception 37.24% 37.23% 38.17%

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 06/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.04 MSFT MICROSOFT CORP 2588173 441.58 20,330 8,977,321.40
6.90 AAPL APPLE INC 2046251 214.24 41,067 8,798,194.08
6.68 NVDA NVIDIA CORP 2379504 129.61 65,754 8,522,375.94
3.60 AMZN AMAZON.COM INC 2000019 183.83 24,958 4,588,029.14
2.41 META META PLATFORMS INC B7TL820 503.60 6,095 3,069,442.00
2.25 GOOGL ALPHABET INC-CL A BYVY8G0 175.16 16,409 2,874,200.44
1.89 GOOG ALPHABET INC-CL C BYY88Y7 176.74 13,663 2,414,798.62
1.67 AVGO BROADCOM INC BDZ78H9 1,678.99 1,269 2,130,638.31
1.62 LLY ELI LILLY & CO 2516152 883.33 2,340 2,066,992.20
1.22 JPM JPMORGAN CHASE & CO 2190385 193.66 8,025 1,554,121.50
1.14 BRK/B BERKSHIRE HATH-B 2073390 405.92 3,584 1,454,817.28
1.09 TSLA TESLA INC B616C79 182.47 7,621 1,390,603.87
1.08 XOM EXXON MOBIL CORP 2326618 110.04 12,565 1,382,652.60
1.00 UNH UNITEDHEALTH GROUP INC 2917766 497.30 2,562 1,274,082.60
0.93 V VISA INC-CLASS A SHARES B2PZN04 271.19 4,367 1,184,286.73
0.85 PG PROCTER & GAMBLE CO/THE 2704407 166.41 6,534 1,087,322.94
0.81 MA MASTERCARD INC - A B121557 445.00 2,325 1,034,625.00
0.81 COST COSTCO WHOLESALE CORP 2701271 845.96 1,223 1,034,609.08
0.76 HD HOME DEPOT INC 2434209 347.88 2,784 968,497.92
0.76 JNJ JOHNSON & JOHNSON 2475833 145.45 6,644 966,369.80
0.71 MRK MERCK & CO. INC. 2778844 129.37 7,001 905,719.37
0.64 ABBV ABBVIE INC B92SR70 166.56 4,863 809,981.28
0.61 WMT WALMART INC 2936921 66.70 11,708 780,923.60
0.61 NFLX NETFLIX INC 2857817 653.26 1,189 776,726.14
0.59 BAC BANK OF AMERICA CORP 2295677 39.26 19,087 749,355.62
0.57 CVX CHEVRON CORP 2838555 152.84 4,747 725,531.48
0.55 AMD ADVANCED MICRO DEVICES 2007849 159.90 4,413 705,638.70
0.53 KO COCA-COLA CO/THE 2206657 62.51 10,717 669,866.09
0.52 QCOM QUALCOMM INC 2714923 217.81 3,067 668,023.27
0.49 PEP PEPSICO INC 2681511 163.33 3,788 618,694.04
0.48 TMO THERMO FISHER 2886907 572.24 1,067 610,580.08
0.47 LIN LINDE PLC BNZHB81 439.80 1,360 598,128.00
0.47 ORCL ORACLE CORP 2661568 139.85 4,266 596,600.10
0.47 CRM SALESFORCE INC 2310525 229.03 2,594 594,103.82
0.45 ADBE ADOBE INC 2008154 458.74 1,263 579,388.62
0.45 WFC WELLS FARGO & CO 2649100 57.27 10,025 574,131.75
0.43 AMAT APPLIED MATERIALS INC 2046552 237.55 2,309 548,502.95
0.40 CSCO CISCO SYSTEMS INC 2198163 45.52 11,227 511,053.04
0.40 MCD MCDONALD'S CORP 2550707 253.70 1,996 506,385.20
0.40 DIS WALT DISNEY CO/THE 2270726 100.09 5,034 503,853.06
0.39 ACN ACCENTURE PLC-CL A B4BNMY3 282.32 1,759 496,600.88
0.39 ABT ABBOTT LABORATORIES 2002305 103.45 4,775 493,973.75
0.39 TXN TEXAS INSTRUMENTS INC 2885409 196.28 2,500 490,700.00
0.36 CAT CATERPILLAR INC 2180201 326.36 1,425 465,063.00
0.36 GE GE AEROSPACE BL59CR9 155.69 2,985 464,734.65
0.36 DHR DANAHER CORP 2250870 255.01 1,820 464,118.20
0.36 VZ VERIZON COMMUNIC 2090571 39.78 11,580 460,652.40
0.35 INTU INTUIT INC 2459020 594.62 750 445,965.00
0.34 AMGN AMGEN INC 2023607 298.50 1,469 438,496.50
0.34 PM PHILIP MORRIS IN B2PKRQ3 101.98 4,256 434,026.88
0.34 MU MICRON TECHNOLOGY INC 2588184 143.14 3,009 430,708.26
0.34 PFE PFIZER INC 2684703 27.65 15,528 429,349.20
0.33 IBM IBM 2005973 169.12 2,510 424,491.20
0.32 ISRG INTUITIVE SURGICAL INC 2871301 422.90 973 411,481.70
0.32 CMCSA COMCAST CORP-CLASS A 2044545 37.58 10,947 411,388.26
0.32 NEE NEXTERA ENERGY INC 2328915 73.18 5,570 407,612.60
0.31 NOW SERVICENOW INC B80NXX8 709.76 565 401,014.40
0.31 GS GOLDMAN SACHS GROUP INC 2407966 446.35 897 400,375.95
0.31 UBER UBER TECHNOLOGIES INC BK6N347 70.86 5,536 392,280.96
0.30 RTX RTX CORPORATION BM5M5Y3 105.03 3,673 385,775.19
0.30 LRCX LAM RESEARCH CORP 2502247 1,038.50 369 383,206.50
0.30 HON HONEYWELL INTL 2020459 208.63 1,835 382,836.05
0.30 SPGI S&P GLOBAL INC BYV2325 437.19 871 380,792.49
0.29 COP CONOCOPHILLIPS 2685717 110.89 3,333 369,596.37
0.29 UNP UNION PACIFIC CORP 2914734 222.12 1,661 368,941.32
0.29 LOW LOWE'S COS INC 2536763 226.86 1,602 363,429.72
0.28 ETN EATON CORP PLC B8KQN82 328.35 1,094 359,214.90
0.28 AXP AMERICAN EXPRESS CO 2026082 222.19 1,616 359,059.04
0.28 ELV ELEVANCE HEALTH INC BSPHGL4 538.75 659 355,036.25
0.28 BKNG BOOKING HOLDINGS INC BDRXDB4 3,856.14 92 354,764.88
0.27 INTC INTEL CORP 2463247 30.46 11,483 349,772.18
0.27 T AT&T INC 2831811 17.67 19,655 347,303.85
0.27 VRTX VERTEX PHARM 2931034 479.03 712 341,069.36
0.27 TJX TJX COMPANIES INC 2989301 108.26 3,146 340,585.96
0.26 MS MORGAN STANLEY 2262314 95.21 3,532 336,281.72
0.26 ADI ANALOG DEVICES INC 2032067 234.03 1,397 326,939.91
0.26 PGR PROGRESSIVE CORP 2705024 203.60 1,597 325,149.20
0.25 NKE NIKE INC -CL B 2640147 94.18 3,357 316,162.26
0.25 LMT LOCKHEED MARTIN CORP 2522096 458.56 688 315,489.28
0.25 C CITIGROUP INC 2297907 60.23 5,206 313,557.38
0.25 KLAC KLA CORP 2480138 830.03 377 312,921.31
0.24 BLK BLACKROCK INC 2494504 769.71 405 311,732.55
0.24 BSX BOSTON SCIENTIFIC CORP 2113434 76.96 4,022 309,533.12
0.24 REGN REGENERON PHARMACEUTICALS 2730190 1,026.55 292 299,752.60
0.24 MDT MEDTRONIC PLC BTN1Y11 81.66 3,669 299,610.54
0.23 CB CHUBB LTD B3BQMF6 262.30 1,134 297,448.20
0.23 SYK STRYKER CORP 2853688 343.02 860 294,997.20
0.23 MMC MARSH & MCLENNAN COS 2567741 209.50 1,371 287,224.50
0.22 PLD PROLOGIS INC B44WZD7 112.38 2,544 285,894.72
0.22 PANW PALO ALTO NETWORKS INC B87ZMX0 319.66 881 281,620.46
0.22 SCHW SCHWAB (CHARLES) CORP 2779397 73.39 3,805 279,248.95
0.22 BA BOEING CO/THE 2108601 180.70 1,531 276,651.70
0.22 ADP AUTOMATIC DATA PROCESSING 2065308 242.87 1,136 275,900.32
0.21 CI THE CIGNA GROUP BHJ0775 334.15 804 268,656.60
0.21 DE DEERE & CO 2261203 377.95 709 267,966.55
0.21 UPS UNITED PARCEL-B 2517382 134.89 1,984 267,621.76
0.20 TMUS T-MOBILE US INC B94Q9V0 175.11 1,431 250,582.41
0.19 SBUX STARBUCKS CORP 2842255 80.24 3,085 247,540.40
0.19 AMT AMERICAN TOWER CORP B7FBFL2 195.16 1,267 247,267.72
0.19 MDLZ MONDELEZ INTER-A B8CKK03 66.10 3,737 247,015.70
0.19 FI FISERV INC 2342034 148.26 1,653 245,073.78
0.19 CMG CHIPOTLE MEXICAN B0X7DZ3 3,265.26 75 244,894.50
0.19 SNPS SYNOPSYS INC 2867719 586.54 412 241,654.48
0.19 CRWD CROWDSTRIKE HO-A BJJP138 382.81 621 237,725.01
0.18 BX BLACKSTONE INC BKF2SL7 122.21 1,926 235,376.46
0.18 SO SOUTHERN CO/THE 2829601 78.69 2,991 235,361.79
0.18 BMY BRISTOL-MYERS SQUIBB CO 2126335 41.48 5,598 232,205.04
0.18 CDNS CADENCE DESIGN SYS INC 2302232 307.54 743 228,502.22
0.18 WM WASTE MANAGEMENT INC 2937667 201.22 1,117 224,762.74
0.18 APH AMPHENOL CORP-CL A 2145084 68.99 3,242 223,665.58
0.17 MCK MCKESSON CORP 2378534 591.07 372 219,878.04
0.17 MO ALTRIA GROUP INC 2692632 44.77 4,902 219,462.54
0.17 ANET ARISTA NETWORKS INC BN33VM5 331.67 658 218,238.86
0.17 CL COLGATE-PALMOLIVE CO 2209106 94.76 2,276 215,673.76
0.17 ZTS ZOETIS INC B95WG16 171.32 1,258 215,520.56
0.17 DUK DUKE ENERGY CORP B7VD3F2 101.26 2,128 215,481.28
0.17 GILD GILEAD SCIENCES INC 2369174 62.79 3,422 214,867.38
0.17 CVS CVS HEALTH CORP 2577609 61.03 3,510 214,215.30
0.17 TT TRANE TECHNOLOGIES PLC BK9ZQ96 333.57 636 212,150.52
0.16 ICE INTERCONTINENTAL BFSSDS9 135.26 1,551 209,788.26
0.16 EQIX EQUINIX INC BVLZX12 766.60 267 204,682.20
0.16 KKR KKR & CO INC BG1FRR1 109.36 1,841 201,331.76
0.16 ITW ILLINOIS TOOL WORKS 2457552 240.60 826 198,735.60
0.16 SHW SHERWIN-WILLIAMS CO/THE 2804211 300.45 660 198,297.00
0.15 CME CME GROUP INC 2965839 195.64 998 195,248.72
0.15 CEG CONSTELLATION ENERGY BMH4FS1 219.93 886 194,857.98
0.15 MELI MERCADOLIBRE INC B23X1H3 1,580.53 123 194,405.19
0.15 EOG EOG RESOURCES INC 2318024 119.10 1,594 189,845.40
0.15 FCX FREEPORT-MCMORAN INC 2352118 47.99 3,926 188,408.74
0.15 PH PARKER HANNIFIN CORP 2671501 528.90 353 186,701.70
0.15 PYPL PAYPAL HOLDINGS INC BYW36M8 61.54 3,013 185,420.02
0.15 GD GENERAL DYNAMICS CORP 2365161 292.52 631 184,580.12
0.14 BDX BECTON DICKINSON AND CO 2087807 231.97 792 183,720.24
0.14 TGT TARGET CORP 2259101 144.68 1,254 181,428.72
0.14 TDG TRANSDIGM GROUP INC B11FJK3 1,323.65 137 181,340.05
0.14 MPC MARATHON PETROLEUM CORP B3K3L40 170.51 1,050 179,035.50
0.14 CSX CSX CORP 2160753 32.53 5,496 178,784.88
0.14 HCA HCA HEALTHCARE INC B4MGBG6 340.24 524 178,285.76
0.14 MCO MOODY'S CORP 2252058 410.62 430 176,566.60
0.14 APD AIR PRODS & CHEM 2011602 285.31 614 175,180.34
0.14 NOC NORTHROP GRUMMAN CORP 2648806 423.42 413 174,872.46
0.14 MAR MARRIOTT INTL-A 2210614 240.47 719 172,897.93
0.14 CTAS CINTAS CORP 2197137 691.96 249 172,298.04
0.14 ABNB AIRBNB INC-CLASS A BMGYYH4 146.10 1,175 171,667.50
0.13 MRVL MARVELL TECHNOLOGY INC BNKJSM5 72.87 2,344 170,807.28
0.13 SLB SCHLUMBERGER LTD 2779201 43.81 3,896 170,683.76
0.13 EMR EMERSON ELECTRIC CO 2313405 108.53 1,567 170,066.51
0.13 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 375.73 452 169,829.96
0.13 WELL WELLTOWER INC BYVYHH4 103.87 1,632 169,515.84
0.13 ECL ECOLAB INC 2304227 241.53 698 168,587.94
0.13 PSX PHILLIPS 66 B78C4Y8 137.67 1,213 166,993.71
0.13 PNC PNC FINANCIAL SE 2692665 151.75 1,096 166,318.00
0.13 ROP ROPER TECHNOLOGIES INC 2749602 547.17 299 163,603.83
0.13 FDX FEDEX CORP 2142784 248.60 643 159,849.80
0.13 USB US BANCORP 2736035 39.26 4,068 159,709.68
0.13 AON AON PLC-CLASS A BLP1HW5 295.42 539 159,231.38
0.12 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 995.78 159 158,329.02
0.12 AJG ARTHUR J GALLAGHER & CO 2359506 260.78 596 155,424.88
0.12 MMM 3M CO 2595708 101.54 1,509 153,223.86
0.12 PCAR PACCAR INC 2665861 107.10 1,426 152,724.60
0.12 GM GENERAL MOTORS CO B665KZ5 47.65 3,182 151,622.30
0.12 CRH CRH PLC B01ZKD6 79.21 1,894 150,023.74
0.12 HLT HILTON WORLDWIDE BYVMW06 211.64 696 147,301.44
0.12 CARR CARRIER GLOBAL CORP BK4N0D7 63.99 2,285 146,217.15
0.11 EW EDWARDS LIFESCIENCES CORP 2567116 87.67 1,638 143,603.46
0.11 AIG AMERICAN INTERNA 2027342 73.71 1,944 143,292.24
0.11 COF CAPITAL ONE FINA 2654461 135.09 1,043 140,898.87
0.11 NSC NORFOLK SOUTHERN CORP 2641894 221.84 635 140,868.40
0.11 WMB WILLIAMS COS INC 2967181 41.52 3,339 138,635.28
0.11 VLO VALERO ENERGY CORP 2041364 149.82 924 138,433.68
0.11 MCHP MICROCHIP TECHNOLOGY INC 2592174 92.81 1,470 136,430.70
0.11 ADSK AUTODESK INC 2065159 223.10 601 134,083.10
0.10 SPG SIMON PROPERTY GROUP INC 2812452 151.87 876 133,038.12
0.10 TRV TRAVELERS COS INC/THE 2769503 207.07 642 132,938.94
0.10 TFC TRUIST FINANCIAL CORP BKP7287 36.36 3,655 132,895.80
0.10 SRE SEMPRA 2138158 76.14 1,739 132,407.46
0.10 JCI JOHNSON CONTROLS BY7QL61 70.62 1,868 131,918.16
0.10 ROST ROSS STORES INC 2746711 145.65 902 131,376.30
0.10 MRNA MODERNA INC BGSXTS3 145.23 894 129,835.62
0.10 APO APOLLO GLOBAL MA BN44JF6 116.28 1,111 129,187.08
0.10 F FORD MOTOR CO 2615468 11.94 10,779 128,701.26
0.10 AFL AFLAC INC 2026361 87.31 1,473 128,607.63
0.10 TEL TE CONNECTIVITY LTD B62B7C3 150.56 853 128,427.68
0.10 AEP AMERICAN ELECTRIC POWER 2026242 87.90 1,447 127,191.30
0.10 PLTR PALANTIR TECHN-A BN78DQ4 23.27 5,449 126,798.23
0.10 AZO AUTOZONE INC 2065955 2,813.40 45 126,603.00
0.10 O REALTY INCOME CORP 2724193 53.22 2,377 126,503.94
0.10 KMB KIMBERLY-CLARK CORP 2491839 139.43 907 126,463.01
0.10 FIS FIDELITY NATIONA 2769796 77.07 1,622 125,007.54
0.10 OKE ONEOK INC 2130109 78.76 1,585 124,834.60
0.10 NEM NEWMONT CORP 2636607 40.56 3,073 124,640.88
0.10 HUM HUMANA INC 2445063 358.10 345 123,544.50
0.10 AMP AMERIPRISE FINANCIAL INC B0J7D57 426.91 289 123,376.99
0.10 CPRT COPART INC 2208073 53.06 2,319 123,046.14
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 148.54 823 122,248.42
0.10 BK BANK NY MELLON B1Z77F6 58.50 2,083 121,855.50
0.10 DXCM DEXCOM INC B0796X4 113.81 1,065 121,207.65
0.10 WDAY WORKDAY INC-CLASS A B8K6ZD1 207.08 585 121,141.80
0.10 IDXX IDEXX LABORATORIES INC 2459202 506.12 239 120,962.68
0.10 PSA PUBLIC STORAGE 2852533 282.60 428 120,952.80
0.09 URI UNITED RENTALS INC 2134781 627.83 189 118,659.87
0.09 MET METLIFE INC 2573209 68.66 1,728 118,644.48
0.09 COIN COINBASE GLOBA-A BMC9P69 247.64 473 117,133.72
0.09 DHI DR HORTON INC 2250687 143.46 815 116,919.90
0.09 SMCI SUPER MICRO COMPUTER INC B1VQR35 871.10 134 116,727.40
0.09 D DOMINION ENERGY INC 2542049 50.69 2,286 115,877.34
0.09 CCI CROWN CASTLE INC BTGQCX1 98.27 1,179 115,854.44
0.09 ALL ALLSTATE CORP 2019952 160.83 720 115,797.60
0.09 PRU PRUDENTIAL FINANCIAL INC 2819118 113.97 1,011 115,223.67
0.09 TTD TRADE DESK INC-A BD8FDD1 95.62 1,203 115,030.86
0.09 OXY OCCIDENTAL PETROLEUM CORP 2655408 59.80 1,910 114,218.00
0.09 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 306.01 371 113,529.71
0.09 OTHER PAYABLE & RECEIVABLES 1.00 112,979 112,979.00
0.09 FTNT FORTINET INC B5B2106 60.23 1,858 111,907.34
0.09 AME AMETEK INC 2089212 173.64 641 111,303.24
0.09 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 219.20 505 110,696.00
0.09 DELL DELL TECHNOLOGIES -C BHKD3S6 135.02 819 110,581.38
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 97.44 1,132 110,302.08
0.09 MSCI MSCI INC B2972D2 484.28 227 109,931.56
0.09 SNOW SNOWFLAKE INC-CLASS A BN134B7 125.90 870 109,533.00
0.09 RSG REPUBLIC SERVICES INC 2262530 187.43 582 109,084.26
0.09 PWR QUANTA SERVICES INC 2150204 276.70 394 109,019.80
0.09 HES HESS CORP 2023748 143.31 759 108,774.19
0.09 STZ CONSTELLATION-A 2170473 254.62 426 108,468.12
0.09 DOW DOW INC BHXCF84 56.06 1,932 108,307.92
0.08 FERG FERGUSON PLC BKB0C57 207.60 517 107,329.20
0.08 PAYX PAYCHEX INC 2674458 122.67 871 106,845.57
0.08 MPWR MONOLITHIC POWER B01Z7J1 817.00 130 106,210.00
0.08 LNG CHENIERE ENERGY INC 2654364 159.22 667 106,199.74
0.08 LEN LENNAR CORP-A 2511920 155.04 684 106,047.36
0.08 KMI KINDER MORGAN INC B3NQ4P8 19.76 5,354 105,795.04
0.08 YUM YUM! BRANDS INC 2098876 138.01 766 105,715.66
0.08 COR CENCORA INC 2795393 232.23 454 105,432.42
0.08 CMI CUMMINS INC 2240202 270.38 389 105,177.82
0.08 A AGILENT TECHNOLOGIES INC 2520153 130.57 803 104,847.71
0.08 NUE NUCOR CORP 2651086 154.12 680 104,801.60
0.08 IR INGERSOLL-RAND INC BL5GZ82 94.45 1,108 104,650.60
0.08 IQV IQVIA HOLDINGS INC BDR73G1 213.96 486 103,984.56
0.08 PCG P G & E CORP 2689560 18.37 5,639 103,588.43
0.08 VRSK VERISK ANALYTICS INC B4P9W92 261.85 393 102,907.05
0.08 GWW WW GRAINGER INC 2380863 921.07 111 102,238.77
0.08 GIS GENERAL MILLS INC 2367026 65.61 1,550 101,695.50
0.08 CNC CENTENE CORP 2807061 68.98 1,465 101,055.70
0.08 EA ELECTRONIC ARTS INC 2310194 135.87 742 100,815.54
0.08 PEG PUB SERV ENTERP 2707677 73.21 1,377 100,810.17
0.08 FAST FASTENAL CO 2332262 64.29 1,558 100,163.82
0.08 CTVA CORTEVA INC BK73B42 51.58 1,941 100,116.78
0.08 SYY SYSCO CORP 2868165 71.04 1,398 99,313.92
0.08 ACGL ARCH CAPITAL GROUP LTD 2740542 99.15 990 98,158.50
0.08 HPQ HP INC BYX4D52 36.45 2,687 97,941.15
0.08 KR KROGER CO 2497406 50.52 1,936 97,806.72
0.08 IT GARTNER INC 2372763 432.67 224 96,918.08
0.08 EXC EXELON CORP 2670519 35.41 2,712 96,031.92
0.08 RCL ROYAL CARIBBEAN 2754907 155.28 616 95,652.48
0.08 LULU LULULEMON ATHLETICA INC B23FN39 307.49 311 95,629.39
0.07 DASH DOORDASH INC - A BN13P03 113.77 833 94,770.41
0.07 SQ BLOCK INC BYNZGK1 62.36 1,508 94,038.88
0.07 HWM HOWMET AEROSPACE INC BKLJ8V2 82.80 1,129 93,481.20
0.07 DDOG DATADOG INC - CLASS A BKT9Y49 119.54 781 93,360.74
0.07 XYL XYLEM INC B3P2CN8 140.67 659 92,701.53
0.07 VMC VULCAN MATERIALS CO 2931205 253.95 364 92,437.80
0.07 FICO FAIR ISAAC CORP 2330299 1,379.01 67 92,393.67
0.07 EXR EXTRA SPACE STORAGE INC B02HWR9 156.91 587 92,106.17
0.07 DD DUPONT DE NEMOURS INC BK0VN47 80.08 1,146 91,771.68
0.07 BIIB BIOGEN INC 2455965 233.84 392 91,665.28
0.07 MLM MARTIN MARIETTA MATERIALS 2572079 567.80 161 91,415.80
0.07 VRT VERTIV HOLDINGS CO-A BL3LWS8 95.31 957 91,211.67
0.07 ODFL OLD DOMINION FREIGHT LINE 2656423 172.91 524 90,604.84
0.07 CTSH COGNIZANT TECH-A 2257019 64.61 1,400 90,454.00
0.07 DAL DELTA AIR LINES INC B1W9D46 50.17 1,770 88,800.90
0.07 ADM ARCHER-DANIELS-MIDLAND CO 2047317 60.73 1,462 88,787.26
0.07 FANG DIAMONDBACK ENERGY INC B7Y8YR3 190.35 464 88,322.40
0.07 ON ON SEMICONDUCTOR 2583576 75.04 1,174 88,096.96
0.07 BKR BAKER HUGHES CO BDHLTQ5 31.63 2,756 87,172.28
0.07 ED CONSOLIDATED EDISON INC 2216850 90.61 960 86,985.60
0.07 TSCO TRACTOR SUPPLY COMPANY 2900335 281.48 306 86,132.88
0.07 KVUE KENVUE INC BQ84ZQ6 18.03 4,760 85,822.80
0.07 MTD METTLER-TOLEDO 2126249 1,474.44 58 85,517.52
0.07 PPG PPG INDUSTRIES INC 2698470 129.79 653 84,752.87
0.07 KDP KEURIG DR PEPPER INC BD3W133 34.06 2,488 84,741.28
0.07 VST Vistra Corp. BZ8VJQ8 88.40 955 84,422.00
0.07 DFS DISCOVER FINANCI B1YLC43 122.33 687 84,040.71
0.07 RMD RESMED INC 2732903 212.38 395 83,890.10
0.07 CSGP COSTAR GROUP INC 2262864 75.20 1,112 83,622.40
0.07 HAL HALLIBURTON CO 2405302 33.77 2,476 83,614.52
0.07 ROK ROCKWELL AUTOMATION INC 2754060 260.72 319 83,169.68
0.07 CDW CDW CORP/DE BBM5MD6 225.10 369 83,061.90
0.07 EFX EQUIFAX INC 2319146 245.20 337 82,632.40
0.07 FSLR FIRST SOLAR INC B1HMF22 291.56 283 82,511.48
0.07 HIG HARTFORD FINL SV 2476193 99.72 826 82,368.72
0.06 XEL XCEL ENERGY INC 2614807 53.79 1,506 81,011.51
0.06 ANSS ANSYS INC 2045623 325.01 249 80,927.49
0.06 GLW CORNING INC 2224701 38.08 2,113 80,463.04
0.06 VICI VICI PROPERTIES INC BYWH073 28.29 2,842 80,400.18
0.06 DVN DEVON ENERGY CORP 2480677 45.41 1,760 79,921.60
0.06 EBAY EBAY INC 2293819 53.69 1,471 78,977.99
0.06 WAB WABTEC CORP 2955733 163.43 476 77,792.68
0.06 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 76.99 1,008 77,605.92
0.06 EIX EDISON INTERNATIONAL 2829515 73.45 1,053 77,342.85
0.06 AVB AVALONBAY COMMUNITIES INC 2131179 199.91 386 77,165.26
0.06 CHTR CHARTER COMMUN-A BZ6VT82 274.17 281 77,041.77
0.06 HPE HEWLETT PACKA BYVYWS0 21.76 3,497 76,094.72
0.06 DG DOLLAR GENERAL CORP B5B1S13 124.12 610 75,713.20
0.06 HUBS HUBSPOT INC BR4T3B3 567.00 133 75,411.00
0.06 CBRE CBRE GROUP INC - A B6WVMH3 89.04 838 74,615.52
0.06 WTW WILLIS TOWERS WATSON PLC BDB6Q21 255.85 291 74,452.35
0.06 VEEV VEEVA SYSTEMS INC-CLASS A BFH3N85 185.77 400 74,308.00
0.06 HSY HERSHEY CO/THE 2422806 185.59 400 74,236.00
0.06 TRGP TARGA RESOURCES CORP B55PZY3 120.24 613 73,707.12
0.06 NTAP NETAPP INC 2630643 127.30 575 73,197.50
0.06 WST WEST PHARMACEUT 2950482 336.29 217 72,974.93
0.06 CHD CHURCH & DWIGHT CO INC 2195841 106.48 674 71,767.52
0.06 FTV FORTIVE CORP BYT3MK1 72.97 980 71,510.60
0.06 TTWO TAKE-TWO INTERAC 2122117 157.72 451 71,131.72
0.06 TROW T ROWE PRICE GROUP INC 2702337 115.33 616 71,043.28
0.06 KHC KRAFT HEINZ CO/THE BYRY499 32.54 2,164 70,416.56
0.06 PHM PULTEGROUP INC 2708841 115.47 608 70,205.76
0.06 VOO VANGUARD S&P 500 ETF BF2GMJ3 498.58 140 69,801.20
0.05 CAH CARDINAL HEALTH INC 2175672 100.61 691 69,521.51
0.05 DOV DOVER CORP 2278407 181.39 380 68,928.20
0.05 IRM IRON MOUNTAIN INC BVFTF03 87.77 785 68,899.45
0.05 EL ESTEE LAUDER 2320524 114.09 600 68,454.00
0.05 WDC WESTERN DIGITAL CORP 2954699 79.58 860 68,438.80
0.05 PINS PINTEREST INC- CLASS A BJ2Z0H2 43.23 1,576 68,130.48
0.05 MNST MONSTER BEVERAGE CORP BZ07BW4 48.72 1,391 67,769.52
0.05 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 95.56 701 66,987.56
0.05 GPN GLOBAL PAYMENTS INC 2712013 93.39 717 66,960.63
0.05 WEC WEC ENERGY GROUP INC BYY8XK8 78.54 851 66,837.54
0.05 AWK AMERICAN WATER W B2R3PV1 129.22 517 66,806.74
0.05 GRMN GARMIN LTD B3Z5T14 161.93 411 66,553.23
0.05 IFF INTL FLAVORS & FRAGRANCES 2464165 95.06 700 66,542.00
0.05 FITB FIFTH THIRD BANCORP 2336747 35.61 1,855 66,056.55
0.05 DECK DECKERS OUTDOOR CORP 2267278 1,030.16 64 65,930.24
0.05 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 137.97 476 65,673.72
0.05 TEAM ATLASSIAN CORP-CL A BQ1PC76 156.02 419 65,372.38
0.05 CPNG COUPANG INC BNYHDF3 21.70 3,002 65,143.40
0.05 STX SEAGATE TECHNOLO BKVD2N4 104.76 617 64,636.92
0.05 TER TERADYNE INC 2884183 147.64 432 63,780.48
0.05 BR BROADRIDGE FINL B1VP7R6 195.41 325 63,508.25
0.05 MTB M & T BANK CORP 2340168 143.00 444 63,492.00
0.05 DTE DTE ENERGY COMPANY 2280220 112.54 563 63,360.02
0.05 ETR ENTERGY CORP 2317087 107.10 590 63,189.00
0.05 ZBH ZIMMER BIOMET HO 2783815 106.97 586 62,684.42
0.05 DLTR DOLLAR TREE INC 2272476 106.53 584 62,213.52
0.05 VLTO VERALTO CORP BPGMZQ5 101.01 612 61,818.12
0.05 EQR EQUITY RESIDENTIAL 2319157 65.96 936 61,738.56
0.05 LPLA LPL FINANCIAL HO B75JX34 279.16 221 61,694.36
0.05 STE STERIS PLC BFY8C75 221.05 278 61,451.90
0.05 NVR NVR INC 2637785 7,657.85 8 61,262.80
0.05 ARES ARES MANAGEMENT CORP - A BF14BT1 132.83 454 60,304.82
0.05 AXON AXON ENTERPRISE INC BDT5S35 293.48 205 60,163.40
0.05 STT STATE STREET CORP 2842040 71.60 832 59,571.20
0.05 MSTR MICROSTRATEGY INC-CL A 2974329 1,483.88 40 59,355.20
0.05 BRO BROWN & BROWN INC 2692687 90.52 655 59,290.60
0.05 SBAC SBA COMMUNICATIONS CORP BZ6TS23 197.01 300 59,103.00
0.05 RJF RAYMOND JAMES 2718992 117.23 502 58,849.46
0.05 NET CLOUDFLARE INC - CLASS A BJXC5M2 73.51 785 57,705.35
0.05 WY WEYERHAEUSER CO 2958936 29.02 1,986 57,633.72
0.05 FE FIRSTENERGY CORP 2100920 38.68 1,484 57,401.12
0.05 ALGN ALIGN TECHNOLOGY INC 2679204 271.28 211 57,240.08
0.05 APTV APTIV PLC B783TY6 74.51 768 57,223.68
0.05 UAL UNITED AIRLINES B4QG225 52.07 1,093 56,912.51
0.04 ES EVERSOURCE ENERGY BVVN4Q8 58.71 964 56,596.44
0.04 PTC PTC INC B95N910 174.27 324 56,463.48
0.04 PPL PPL CORP 2680905 28.13 1,997 56,175.61
0.04 BALL BALL CORP 2073022 66.22 846 56,022.12
0.04 OMC OMNICOM GROUP 2279303 89.39 624 55,779.36
0.04 ENTG ENTEGRIS INC 2599700 137.33 403 55,343.99
0.04 NDAQ NASDAQ INC 2965107 58.96 934 55,068.64
0.04 VTR VENTAS INC 2927925 50.04 1,096 54,843.84
0.04 ALNY ALNYLAM PHARMACE B00FWN1 160.05 342 54,737.10
0.04 CTRA COTERRA ENERGY INC 2162340 27.14 2,016 54,714.24
0.04 BBY BEST BUY CO INC 2094670 87.73 622 54,568.06
0.04 INVH INVITATION HOMES INC BD81GW9 35.03 1,553 54,401.59
0.04 SNAP SNAP INC - A BD8DJ71 15.61 3,468 54,135.48
0.04 CNP CENTERPOINT ENERGY INC 2440637 30.90 1,731 53,487.90
0.04 BAH BOOZ ALLEN HAMIL B5367T7 150.41 352 52,944.32
0.04 GPC GENUINE PARTS CO 2367480 140.91 375 52,841.25
0.04 FCNCA FIRST CITIZENS-A 2355582 1,641.49 32 52,527.68
0.04 AVY AVERY DENNISON CORP 2066408 228.36 230 52,522.80
0.04 CPAY CORPAY INC BMX5GK7 252.00 207 52,164.00
0.04 WSM WILLIAMS-SONOMA INC 2967589 321.33 162 52,055.46
0.04 PFG PRINCIPAL FINANCIAL GROUP 2803014 77.37 669 51,760.53
0.04 HUBB HUBBELL INC BDFG6S3 385.01 133 51,206.33
0.04 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 151.15 338 51,088.70
0.04 STLD STEEL DYNAMICS INC 2849472 121.42 415 50,389.30
0.04 BMRN BIOMARIN PHARMAC 2437071 84.24 598 50,375.52
0.04 AEE AMEREN CORPORATION 2050832 70.00 716 50,120.00
0.04 CSL CARLISLE COS INC 2176318 413.59 120 49,630.80
0.04 MKL MARKEL GROUP INC 2566436 1,550.27 32 49,608.64
0.04 CBOE CBOE GLOBAL MARKETS INC B5834C5 168.71 294 49,600.74
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 124.29 398 49,467.42
0.04 ARE ALEXANDRIA REAL 2009210 117.08 420 49,173.60
0.04 DRI DARDEN RESTAURANTS INC 2289874 147.48 333 49,110.84
0.04 HBAN HUNTINGTON BANCSHARES INC 2445966 12.34 3,932 48,520.88
0.04 SYF SYNCHRONY FINANCIAL BP96PS6 42.85 1,130 48,420.50
0.04 ULTA ULTA BEAUTY INC B28TS42 396.39 121 47,963.19
0.04 LH LABCORP HOLDINGS INC BSBK800 196.48 244 47,941.12
0.04 RF REGIONS FINANCIAL CORP B01R311 18.75 2,555 47,906.25
0.04 J JACOBS SOLUTIONS INC BNGC0D3 139.19 344 47,881.36
0.04 HOLX HOLOGIC INC 2433530 72.14 658 47,468.12
0.04 TYL TYLER TECHNOLOGIES INC 2909644 474.49 100 47,449.00
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 113.66 416 47,282.56
0.04 CMS CMS ENERGY CORP 2219224 59.75 788 47,083.00
0.04 ENPH ENPHASE ENERGY INC B65SQW4 129.72 362 46,958.64
0.04 MKC MCCORMICK-N/V 2550161 67.92 689 46,796.88
0.04 NTRS NORTHERN TRUST CORP 2648668 82.68 566 46,796.88
0.04 BAX BAXTER INTERNATIONAL INC 2085102 33.74 1,386 46,763.64
0.04 COO COOPER COS INC/THE BQPDXR3 94.20 496 46,723.20
0.04 ILMN ILLUMINA INC 2613990 109.22 426 46,527.72
0.04 DKNG DRAFTKINGS INC-CL A BLDDH12 38.98 1,193 46,503.14
0.04 ATO ATMOS ENERGY CORP 2315359 116.17 400 46,468.00
0.04 CAG CONAGRA BRANDS INC 2215460 28.57 1,619 46,254.83
0.04 VRSN VERISIGN INC 2142922 179.70 257 46,182.90
0.04 LUV SOUTHWEST AIRLINES CO 2831543 28.41 1,606 45,626.46
0.04 SWKS SKYWORKS SOLUTIONS INC 2961053 106.33 427 45,402.91
0.04 ZS ZSCALER INC BZ00V34 181.05 250 45,262.50
0.04 MDB MONGODB INC BF2FJ99 218.18 207 45,163.26
0.04 CF CF INDUSTRIES HO B0G4K50 72.95 619 45,156.05
0.04 CLX CLOROX COMPANY 2204026 132.81 340 45,155.40
0.04 RBLX ROBLOX CORP -CLASS A BMWBC20 35.52 1,270 45,110.40
0.04 LYV LIVE NATION ENTE B0T7YX2 89.06 504 44,886.24
0.04 EQT EQT CORP 2319414 40.30 1,113 44,853.90
0.04 EXPE EXPEDIA GROUP INC B748CK2 123.42 363 44,801.46
0.04 IEX IDEX CORP 2456612 202.92 220 44,642.40
0.04 CCL CARNIVAL CORP 2523044 16.51 2,699 44,560.49
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 44.07 1,008 44,422.56
0.04 SWK STANLEY BLACK & B3Q2FJ4 85.89 517 44,405.13
0.04 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.29 6,087 44,374.23
0.04 MAA MID-AMERICA APAR 2589132 138.21 320 44,227.20
0.04 L LOEWS CORP 2523022 74.17 596 44,205.32
0.04 TDY TELEDYNE TECHNOLOGIES INC 2503477 394.23 112 44,153.76
0.03 MRO MARATHON OIL CORP 2910970 27.68 1,577 43,651.36
0.03 CE CELANESE CORP B05MZT4 144.14 302 43,530.28
0.03 WAT WATERS CORP 2937689 295.51 146 43,144.46
0.03 CFG CITIZENS FINANCIAL GROUP BQRX1X3 34.49 1,249 43,078.01
0.03 CASH 1.00 42,932 42,932.42
0.03 MOH MOLINA HEALTHCARE INC 2212706 308.16 139 42,834.24
0.03 DGX QUEST DIAGNOSTICS INC 2702791 138.53 309 42,805.77
0.03 RS RELIANCE INC 2729068 279.47 152 42,479.44
0.03 ESS ESSEX PROPERTY TRUST INC 2316619 275.20 154 42,380.80
0.03 WRB WR BERKLEY CORP 2093644 78.27 535 41,874.45
0.03 LII LENNOX INTERNATIONAL INC 2442053 540.00 77 41,580.00
0.03 K KELLANOVA 2486813 58.73 707 41,522.11
0.03 JBL JABIL INC 2471789 121.10 342 41,416.20
0.03 TSN TYSON FOODS INC-CL A 2909730 53.86 763 41,095.18
0.03 ZBRA ZEBRA TECH CORP 2989356 308.91 133 41,085.03
0.03 ZM ZOOM VIDEO COM-A BGSP7M9 57.94 696 40,326.24
0.03 BG BUNGE GLOBAL SA BQ6BPG9 103.14 390 40,224.60
0.03 AMCR AMCOR PLC BJ1F307 10.04 3,934 39,497.36
0.03 AVTR AVANTOR INC BJLT387 22.02 1,780 39,195.60
0.03 SUI SUN COMMUNITIES INC 2860257 115.84 338 39,153.92
0.03 BSY BENTLEY SYSTEM-B BMC1PR6 50.44 774 39,040.56
0.03 HEI/A HEICO CORP-CLASS A 2237561 178.91 217 38,823.47
0.03 ROL ROLLINS INC 2747305 47.86 800 38,288.00
0.03 YUMC YUM CHINA HOLDINGS INC BYW4289 34.73 1,101 38,237.73
0.03 DOC HEALTHPEAK PROPERTIES INC BJBLRK3 19.57 1,949 38,141.93
0.03 INCY INCYTE CORP 2471950 62.69 605 37,927.45
0.03 RVTY REVVITY INC 2305844 110.72 342 37,866.24
0.03 APP APPLOVIN CORP-CLASS A BMV3LG4 75.65 498 37,673.70
0.03 TRMB TRIMBLE INC 2903958 55.72 676 37,666.72
0.03 JBHT HUNT (JB) TRANS 2445416 158.93 237 37,666.41
0.03 TRU TRANSUNION BYMWL86 73.82 510 37,648.20
0.03 FDS FACTSET RESEARCH 2329770 402.79 92 37,056.68
0.03 SSNC SS&C TECHNOLOGIE B58YSC6 60.73 604 36,680.92
0.03 OKTA OKTA INC BDFZSP1 88.24 405 35,737.20
0.03 AKAM AKAMAI TECHNOLOGIES INC 2507457 88.35 403 35,605.05
0.03 BF/B BROWN-FORMAN CORP-CLASS B 2146838 42.83 825 35,334.75
0.03 ALB ALBEMARLE CORP 2046853 107.83 322 34,721.26
0.03 IBKR INTERACTIVE BROK B1WT4X2 121.27 283 34,319.41
0.03 LNT ALLIANT ENERGY CORP 2973821 49.84 686 34,190.24
0.03 VTRS VIATRIS INC BMWS3X9 10.39 3,258 33,850.62
0.03 WPC WP CAREY INC B826YT8 55.97 604 33,805.88
0.03 EVRG EVERGY INC BFMXGR0 52.96 625 33,100.00
0.03 SJM JM SMUCKER CO/THE 2951452 110.96 288 31,956.48
0.03 TW TRADEWEB MARKE-A BJXMVK2 101.47 314 31,861.58
0.03 POOL POOL CORP 2781585 343.00 92 31,556.00
0.02 HRL HORMEL FOODS CORP 2437264 30.65 1,006 30,833.90
0.02 FOXA FOX CORP - CLASS A BJJMGL2 33.33 913 30,430.29
0.02 EG EVEREST GROUP LTD 2556868 374.43 81 30,328.83
0.02 WBA WALGREENS BOOTS BTN1Y44 15.45 1,932 29,849.40
0.02 ACI ALBERTSONS COS-A BYNQ369 20.16 1,465 29,534.40
0.02 MGM MGM RESORTS INTERNATIONAL 2547419 40.53 728 29,505.84
0.02 NDSN NORDSON CORP 2641838 233.67 124 28,975.08
0.02 RPRX ROYALTY PHARMA PLC- CL A BMVP7Y0 27.20 1,025 27,880.00
0.02 CPB CAMPBELL SOUP CO 2162845 43.49 619 26,920.31
0.02 CELH CELSIUS HOLDINGS INC B19HX21 62.05 416 25,812.80
0.02 SCCO SOUTHERN COPPER CORP 2823777 106.07 243 25,775.01
0.02 EPAM EPAM SYSTEMS INC B44Z3T8 177.96 136 24,202.56
0.02 DOX AMDOCS LTD 2256908 75.81 317 24,031.77
0.02 ERIE ERIE INDEMNITY-A 2311711 350.72 68 23,848.96
0.02 HEI HEICO CORP 2419217 226.96 104 23,603.84
0.02 BEN FRANKLIN RESOURCES INC 2350684 21.96 1,001 21,981.96
0.02 OWL BLUE OWL CAPITAL INC BN7CQS9 17.34 1,239 21,484.26
0.01 GFS GLOBALFOUNDRIES INC BMW7F63 48.61 319 15,506.59
0.01 IOT SAMSARA INC-CL A BPK3058 28.60 533 15,243.80
0.01 FOX FOX CORP - CLASS B BJJMGY5 30.97 479 14,834.63
0.01 WMG WARNER MUSIC-A BLGJ610 31.68 464 14,699.52
0.01 AZPN ASPEN TECHNOLOGY INC BP2V812 199.59 70 13,971.30
0.01 WLK Westlake Corporation B01ZP20 153.22 82 12,564.04
0.01 AGR AVANGRID INC BYP0CD9 35.35 299 10,569.65
0.01 MBLY MOBILEYE GLOBAL INC-A BLFH8G4 29.09 347 10,094.23
0.01 EDR ENDEAVOR GROUP-A BJQ05Y5 26.80 307 8,227.60
0.01 LEN/B LENNAR CORP - B SHS 2578293 143.09 45 6,439.05
0.00 SIRI SIRIUS XM HOLDINGS INC BGLDK10 2.54 2,182 5,542.28
0.00 BF/A BROWN-FORMAN CORP-CLASS A 2146816 43.44 126 5,473.44
0.00 RKT ROCKET COS INC-CLASS A BMD6Y84 14.73 139 2,047.47
Holdings are subject to change. "Cash" denotes U.S. dollars.

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.

The Fund is based on the “modern portfolio theory” approach to asset allocation, which is a framework for determining the allocation of a portfolio with the goal of achieving an intended investment outcome based on a given level of risk. This framework relies heavily on the anticipated volatilities, investment returns and correlations of particular asset classes or securities. There is no guarantee that the Underlying Index will outperform any alternative strategy that might be employed in respect of the component assets or that past volatilities and correlations of particular asset classes or securities will be indicative of future results. ONOF 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 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.