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 10/26/21

Inception Date 01/12/21
Total Expense Ratio 0.39%
Net Assets $99.95 million
NAV $30.02
Fact Sheet

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 10/26/21

Ticker ONOF
Bloomberg Index Ticker AWSRSK
CUSIP 37954Y194
ISIN US37954Y1947
Primary Exchange NYSE Arca
Shares Outstanding 3,330,000
Number of Holdings 509
30-Day Median Bid-Ask Spread 0.28%

Distributions As of 10/26/21

30-Day SEC Yield 0.92%
Distribution Frequency Semi-Annually

ETF Prices As of 10/26/21

NAV $30.02 Daily Change $0.06 0.19%
Market Price $30.06 Daily Change $0.06 0.20%

Performance History

As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -4.69% -4.55% -4.71%
3 Months 0.50% 0.68% 0.35%
Since Inception 13.54% 13.90% 12.92%
Year-to-Date -- -- --
1 Month -4.69% -4.55% -4.71%
3 Months 0.50% 0.68% 0.35%
Since Inception 13.54% 13.90% 12.92%

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 10/26/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
6.24 AAPL APPLE INC 2046251 149.32 42,134 6,291,448.88
5.77 MSFT MICROSOFT CORP 2588173 310.11 18,765 5,819,214.15
3.64 AMZN AMAZON.COM INC 2000019 3,376.07 1,087 3,669,788.09
2.06 GOOGL ALPHABET INC-CL A BYVY8G0 2,786.17 745 2,075,696.65
1.98 TSLA TESLA INC B616C79 1,018.43 1,960 1,996,122.80
1.93 GOOG ALPHABET INC-CL C BYY88Y7 2,793.44 698 1,949,821.12
1.89 FB FACEBOOK INC-CLASS A B7TL820 315.81 6,026 1,903,071.06
1.48 NVDA NVIDIA CORP 2379504 247.17 6,036 1,491,918.12
1.29 JPM JPMORGAN CHASE & CO 2190385 171.40 7,591 1,301,097.40
1.09 JNJ JOHNSON & JOHNSON 2475833 165.75 6,656 1,103,232.00
1.08 UNH UNITEDHEALTH GROUP INC 2917766 454.64 2,392 1,087,498.88
0.98 HD HOME DEPOT INC 2434209 369.20 2,686 991,671.20
0.98 V VISA INC-CLASS A SHARES B2PZN04 231.82 4,256 986,625.92
0.94 BRK/B BERKSHIRE HATH-B 2073390 290.85 3,261 948,461.85
0.91 BAC BANK OF AMERICA CORP 2295677 47.96 19,218 921,695.28
0.87 PG PROCTER & GAMBLE CO/THE 2704407 142.85 6,127 875,241.95
0.78 DIS WALT DISNEY CO/THE 2270726 172.04 4,597 790,867.88
0.78 MA MASTERCARD INC - A B121557 357.32 2,207 788,605.24
0.78 ADBE ADOBE INC 2008154 642.50 1,220 783,850.00
0.73 NFLX NETFLIX INC 2857817 668.52 1,097 733,366.44
0.72 PYPL PAYPAL HOLDINGS INC BYW36M8 243.00 2,971 721,953.00
0.70 XOM EXXON MOBIL CORP 2326618 65.84 10,674 702,776.16
0.69 CRM SALESFORCE.COM INC 2310525 295.11 2,354 694,688.94
0.61 CMCSA COMCAST CORP-CLASS A 2044545 53.76 11,506 618,562.56
0.61 PFE PFIZER INC 2684703 43.56 14,139 615,894.84
0.60 TMO THERMO FISHER 2886907 608.34 993 604,081.62
0.57 ACN ACCENTURE PLC-CL A B4BNMY3 356.34 1,606 572,282.04
0.57 ABT ABBOTT LABORATORIES 2002305 128.13 4,450 570,178.50
0.56 PEP PEPSICO INC 2681511 161.17 3,476 560,226.92
0.55 CVX CHEVRON CORP 2838555 114.10 4,815 549,391.50
0.54 CSCO CISCO SYSTEMS INC 2198163 55.81 9,809 547,440.29
0.54 WMT WALMART INC 2936921 148.75 3,676 546,805.00
0.53 COST COSTCO WHOLESALE CORP 2701271 485.53 1,107 537,481.71
0.53 VZ VERIZON COMMUNIC 2090571 53.08 10,062 534,090.96
0.53 AVGO BROADCOM INC BDZ78H9 533.87 998 532,802.26
0.53 LLY ELI LILLY & CO 2516152 248.44 2,134 530,170.96
0.52 WFC WELLS FARGO & CO 2649100 50.63 10,427 527,919.01
0.52 KO COCA-COLA CO/THE 2206657 54.47 9,599 522,857.53
0.52 MRK MERCK & CO. INC. 2778844 82.25 6,352 522,452.00
0.52 NKE NIKE INC -CL B 2640147 163.79 3,169 519,050.51
0.49 DHR DANAHER CORP 2250870 306.93 1,605 492,622.65
0.49 INTC INTEL CORP 2463247 48.28 10,191 492,021.48
0.48 ABBV ABBVIE INC B92SR70 109.49 4,393 480,989.57
0.46 TXN TEXAS INSTRUMENTS INC 2885409 196.98 2,332 459,357.36
0.45 T AT&T INC 2831811 25.37 18,032 457,471.84
0.44 MCD MCDONALD'S CORP 2550707 236.42 1,896 448,252.32
0.42 NEE NEXTERA ENERGY INC 2328915 85.47 4,953 423,332.91
0.42 MDT MEDTRONIC PLC BTN1Y11 124.05 3,390 420,529.50
0.41 LIN LINDE PLC BZ12WP8 316.77 1,308 414,335.16
0.41 LOW LOWE'S COS INC 2536763 231.07 1,773 409,687.11
0.41 INTU INTUIT INC 2459020 608.61 671 408,377.31
0.40 UNP UNION PACIFIC CORP 2914734 240.72 1,676 403,446.72
0.40 ORCL ORACLE CORP 2661568 96.98 4,152 402,660.96
0.39 UPS UNITED PARCEL-B 2517382 218.07 1,795 391,435.65
0.38 MS MORGAN STANLEY 2262314 103.47 3,720 384,908.40
0.38 HON HONEYWELL INTL 2020459 218.32 1,748 381,623.36
0.38 PM PHILIP MORRIS IN B2PKRQ3 96.20 3,937 378,739.40
0.37 AMD ADVANCED MICRO DEVICES 2007849 122.93 3,053 375,305.29
0.37 QCOM QUALCOMM INC 2714923 131.94 2,836 374,181.84
0.37 C CITIGROUP INC 2297907 70.65 5,287 373,526.55
0.36 GS GOLDMAN SACHS GROUP INC 2407966 417.61 866 361,650.26
0.35 RTX RAYTHEON TECHNOL BM5M5Y3 89.16 3,949 352,092.84
0.34 SBUX STARBUCKS CORP 2842255 114.92 2,976 342,001.92
0.33 BLK BLACKROCK INC 2494504 931.58 355 330,710.90
0.33 NOW SERVICENOW INC B80NXX8 676.71 485 328,204.35
0.32 AMT AMERICAN TOWER CORP B7FBFL2 286.94 1,135 325,676.90
0.32 BMY BRISTOL-MYERS SQUIBB CO 2126335 58.24 5,572 324,513.28
0.32 TGT TARGET CORP 2259101 258.73 1,254 324,447.42
0.31 SCHW SCHWAB (CHARLES) CORP 2779397 83.06 3,805 316,043.30
0.31 ISRG INTUITIVE SURGICAL INC 2871301 348.70 900 313,830.00
0.31 BA BOEING CO/THE 2108601 209.81 1,466 307,581.46
0.30 AMAT APPLIED MATERIALS INC 2046552 132.00 2,300 303,600.00
0.30 MRNA MODERNA INC BGSXTS3 345.74 876 302,868.24
0.30 AMGN AMGEN INC 2023607 208.68 1,441 300,707.88
0.29 GE GENERAL ELECTRIC CO BL59CR9 107.44 2,730 293,311.20
0.29 IBM IBM 2005973 127.13 2,262 287,568.06
0.29 CVS CVS HEALTH CORP 2577609 88.32 3,250 287,040.00
0.28 SPGI S&P GLOBAL INC BYV2325 464.62 600 278,772.00
0.28 AXP AMERICAN EXPRESS CO 2026082 180.95 1,537 278,120.15
0.27 CAT CATERPILLAR INC 2180201 199.64 1,379 275,303.56
0.27 MMM 3M CO 2595708 182.16 1,506 274,332.96
0.27 ANTM ANTHEM INC BSPHGL4 436.24 621 270,905.04
0.27 PLD PROLOGIS INC B44WZD7 146.23 1,830 267,600.90
0.26 COP CONOCOPHILLIPS 2685717 76.57 3,402 260,491.14
0.26 SQ SQUARE INC - A BYNZGK1 263.39 986 259,702.54
0.26 ZTS ZOETIS INC B95WG16 210.52 1,220 256,834.40
0.25 CASH 1.00 248,485 248,484.55
0.24 ADI ANALOG DEVICES INC 2032067 179.88 1,353 243,377.64
0.24 BX BLACKSTONE INC BKF2SL7 142.16 1,710 243,093.60
0.24 DE DEERE & CO 2261203 341.15 709 241,875.35
0.23 BKNG BOOKING HOLDINGS INC BDRXDB4 2,443.03 96 234,530.88
0.23 ADP AUTOMATIC DATA PROCESSING 2065308 218.80 1,069 233,897.20
0.23 PNC PNC FINANCIAL SE 2692665 216.07 1,063 229,682.41
0.22 SNOW SNOWFLAKE INC-CLASS A BN134B7 342.24 658 225,193.92
0.22 SYK STRYKER CORP 2853688 273.18 818 223,461.24
0.22 CHTR CHARTER COMMUN-A BZ6VT82 728.23 305 222,110.15
0.22 TFC TRUIST FINANCIAL CORP BKP7287 64.44 3,379 217,742.76
0.22 MO ALTRIA GROUP INC 2692632 48.11 4,508 216,879.88
0.21 MDLZ MONDELEZ INTER-A B8CKK03 60.83 3,542 215,459.86
0.21 GILD GILEAD SCIENCES INC 2369174 67.73 3,157 213,823.61
0.21 USB US BANCORP 2736035 62.44 3,367 210,235.48
0.20 CSX CSX CORP 2160753 35.69 5,727 204,396.63
0.20 MMC MARSH & MCLENNAN COS 2567741 168.91 1,200 202,692.00
0.20 LMT LOCKHEED MARTIN CORP 2522096 331.91 603 200,141.73
0.20 DUK DUKE ENERGY CORP B7VD3F2 103.29 1,926 198,936.54
0.20 CME CME GROUP INC 2965839 219.27 898 196,904.46
0.20 LRCX LAM RESEARCH CORP 2502247 548.94 358 196,520.52
0.19 MU MICRON TECHNOLOGY INC 2588184 68.94 2,829 195,031.26
0.19 EQIX EQUINIX INC BVLZX12 831.85 234 194,652.90
0.19 SHW SHERWIN-WILLIAMS CO/THE 2804211 316.02 610 192,772.20
0.19 FIS FIDELITY NATIONA 2769796 122.40 1,572 192,412.80
0.19 TJX TJX COMPANIES INC 2989301 65.33 2,926 191,155.58
0.19 GM GENERAL MOTORS CO B665KZ5 57.37 3,321 190,525.77
0.19 CI CIGNA CORP BHJ0775 215.67 875 188,711.25
0.18 CCI CROWN CASTLE INTL CORP BTGQCX1 180.08 1,026 184,762.08
0.18 EL ESTEE LAUDER 2320524 331.05 554 183,401.70
0.18 NSC NORFOLK SOUTHERN CORP 2641894 286.74 635 182,079.90
0.18 BDX BECTON DICKINSON AND CO 2087807 246.35 728 179,342.80
0.18 ICE INTERCONTINENTAL BFSSDS9 133.72 1,332 178,115.04
0.18 AON AON PLC-CLASS A BLP1HW5 320.24 555 177,733.20
0.18 ADSK AUTODESK INC 2065159 312.80 564 176,419.20
0.17 EW EDWARDS LIFESCIENCES CORP 2567116 116.99 1,500 175,485.00
0.17 COF CAPITAL ONE FINA 2654461 164.85 1,056 174,081.60
0.17 MELI MERCADOLIBRE INC B23X1H3 1,544.66 111 171,457.26
0.17 CB CHUBB LTD B3BQMF6 187.23 915 171,315.45
0.17 TMUS T-MOBILE US INC B94Q9V0 116.36 1,470 171,049.20
0.17 SO SOUTHERN CO/THE 2829601 63.28 2,673 169,147.44
0.17 WM WASTE MANAGEMENT INC 2937667 159.28 1,061 168,996.08
0.17 ITW ILLINOIS TOOL WORKS 2457552 223.78 753 168,506.34
0.17 FISV FISERV INC 2342034 109.84 1,528 167,835.52
0.17 APD AIR PRODS & CHEM 2011602 294.38 566 166,619.08
0.16 ETN EATON CORP PLC B8KQN82 161.34 1,005 162,146.70
0.16 HCA HCA HEALTHCARE INC B4MGBG6 241.40 671 161,979.40
0.16 CL COLGATE-PALMOLIVE CO 2209106 76.16 2,123 161,687.68
0.16 F FORD MOTOR CO 2615468 15.94 10,065 160,436.10
0.16 ATVI ACTIVISION BLIZZARD INC 2575818 80.76 1,948 157,320.48
0.16 MCO MOODY'S CORP 2252058 390.34 403 157,307.02
0.16 SNAP SNAP INC - A BD8DJ71 55.39 2,835 157,030.65
0.15 REGN REGENERON PHARMACEUTICALS 2730190 592.15 263 155,735.45
0.15 HUM HUMANA INC 2445063 467.10 323 150,873.30
0.15 BSX BOSTON SCIENTIFIC CORP 2113434 44.32 3,399 150,643.68
0.15 UBER UBER TECHNOLOGIES INC BK6N347 46.02 3,243 149,242.86
0.15 FDX FEDEX CORP 2142784 237.83 623 148,168.09
0.15 D DOMINION ENERGY INC 2542049 76.59 1,932 147,971.88
0.14 EMR EMERSON ELECTRIC CO 2313405 97.10 1,492 144,873.20
0.14 ILMN ILLUMINA INC 2613990 417.19 347 144,764.93
0.14 IDXX IDEXX LABORATORIES INC 2459202 651.96 222 144,735.12
0.14 ZM ZOOM VIDEO COM-A BGSP7M9 278.70 517 144,087.90
0.14 FCX FREEPORT-MCMORAN INC 2352118 38.85 3,684 143,123.40
0.14 EOG EOG RESOURCES INC 2318024 95.00 1,506 143,070.00
0.14 ECL ECOLAB INC 2304227 230.28 614 141,391.92
0.14 PGR PROGRESSIVE CORP 2705024 96.25 1,465 141,006.25
0.14 TWLO TWILIO INC - A BD6P5Q0 353.92 398 140,860.16
0.14 DXCM DEXCOM INC B0796X4 565.64 249 140,844.36
0.14 NOC NORTHROP GRUMMAN CORP 2648806 396.57 354 140,385.78
0.14 MRVL MARVELL TECHNOLOGY INC BNKJSM5 67.73 2,060 139,523.80
0.14 CRWD CROWDSTRIKE HO-A BJJP138 287.08 480 137,798.40
0.14 MSCI MSCI INC B2972D2 643.12 212 136,341.44
0.13 DG DOLLAR GENERAL CORP B5B1S13 221.53 601 133,139.53
0.13 LULU LULULEMON ATHLETICA INC B23FN39 432.73 305 131,982.65
0.13 ROP ROPER TECHNOLOGIES INC 2749602 488.32 270 131,846.40
0.13 JCI JOHNSON CONTROLS BY7QL61 73.07 1,797 131,306.79
0.13 DOCU DOCUSIGN INC BFYT7B7 280.58 467 131,030.86
0.13 KLAC KLA CORP 2480138 341.97 382 130,632.54
0.13 WDAY WORKDAY INC-CLASS A B8K6ZD1 282.76 461 130,352.36
0.13 AIG AMERICAN INTERNA 2027342 59.23 2,155 127,640.65
0.13 TROW T ROWE PRICE GROUP INC 2702337 209.11 610 127,557.10
0.13 TEAM ATLASSIAN CORP-A BZ09BD1 424.52 300 127,356.00
0.13 EXC EXELON CORP 2670519 52.02 2,433 126,564.66
0.12 SNPS SYNOPSYS INC 2867719 328.03 380 124,651.40
0.12 LHX L3HARRIS TECHNOLOGIES INC BK9DTN5 233.39 528 123,229.92
0.12 GD GENERAL DYNAMICS CORP 2365161 204.57 600 122,742.00
0.12 ORLY O'REILLY AUTOMOTIVE INC B65LWX6 658.35 186 122,453.10
0.12 PSA PUBLIC STORAGE 2852533 326.88 373 121,926.24
0.12 TWTR TWITTER INC BFLR866 61.43 1,968 120,894.24
0.12 SLB SCHLUMBERGER LTD 2779201 34.26 3,524 120,732.24
0.12 TEL TE CONNECTIVITY LTD B62B7C3 146.91 821 120,613.11
0.12 EBAY EBAY INC 2293819 78.50 1,535 120,497.50
0.12 VRTX VERTEX PHARM 2931034 184.07 654 120,381.78
0.12 PANW PALO ALTO NETWORKS INC B87ZMX0 486.55 247 120,177.85
0.12 A AGILENT TECHNOLOGIES INC 2520153 158.19 757 119,749.83
0.12 CDNS CADENCE DESIGN SYS INC 2302232 172.93 692 119,667.56
0.12 SPG SIMON PROPERTY GROUP INC 2812452 146.37 814 119,145.18
0.12 IQV IQVIA HOLDINGS INC BDR73G1 256.09 463 118,569.67
0.12 TT TRANE TECHNOLOGIES PLC BK9ZQ96 180.06 658 118,479.48
0.12 APH AMPHENOL CORP-CL A 2145084 78.76 1,490 117,352.40
0.12 INFO IHS MARKIT LTD BD0Q558 128.25 915 117,348.75
0.12 BAX BAXTER INTERNATIONAL INC 2085102 81.79 1,431 117,041.49
0.12 VEEV VEEVA SYSTEMS INC-CLASS A BFH3N85 322.99 362 116,922.38
0.12 ALGN ALIGN TECHNOLOGY INC 2679204 593.30 197 116,880.10
0.12 NEM NEWMONT CORP 2636607 57.70 2,021 116,611.70
0.12 MPC MARATHON PETROLEUM CORP B3K3L40 68.47 1,690 115,714.30
0.11 KMB KIMBERLY-CLARK CORP 2491839 133.27 862 114,878.74
0.11 CARR CARRIER GLOBAL CORP BK4N0D7 53.73 2,135 114,713.55
0.11 APTV APTIV PLC B783TY6 169.18 678 114,704.04
0.11 CMG CHIPOTLE MEXICAN B0X7DZ3 1,748.48 65 113,651.20
0.11 FTNT FORTINET INC B5B2106 322.63 350 112,920.50
0.11 MET METLIFE INC 2573209 65.46 1,720 112,591.20
0.11 NET CLOUDFLARE INC - CLASS A BJXC5M2 185.36 600 111,216.00
0.11 DOW DOW INC BHXCF84 58.71 1,890 110,961.90
0.11 PRU PRUDENTIAL FINANCIAL INC 2819118 113.65 975 110,808.75
0.11 GPN GLOBAL PAYMENTS INC 2712013 155.97 709 110,582.73
0.11 BK BANK NY MELLON B1Z77F6 59.10 1,830 108,153.00
0.11 SBAC SBA COMMUNICATIONS CORP BZ6TS23 354.13 305 108,009.65
0.11 PXD PIONEER NATURAL 2690830 191.91 560 107,469.60
0.11 TRV TRAVELERS COS INC/THE 2769503 160.43 664 106,525.52
0.11 HPQ HP INC BYX4D52 30.14 3,505 105,640.70
0.10 MTCH MATCH GROUP INC BK80XH9 163.20 644 105,100.80
0.10 XLNX XILINX INC 2985677 171.88 610 104,846.80
0.10 CTSH COGNIZANT TECH-A 2257019 78.75 1,330 104,737.50
0.10 MAR MARRIOTT INTL-A 2210614 156.04 667 104,078.68
0.10 MSI MOTOROLA SOLUTIONS INC B5BKPQ4 245.80 420 103,236.00
0.10 AEP AMERICAN ELECTRIC POWER 2026242 84.42 1,220 102,992.40
0.10 AJG ARTHUR J GALLAGHER & CO 2359506 164.19 622 102,126.18
0.10 ROST ROSS STORES INC 2746711 113.86 895 101,904.70
0.10 PLTR PALANTIR TECHN-A BN78DQ4 25.52 3,991 101,850.32
0.10 EA ELECTRONIC ARTS INC 2310194 142.40 715 101,816.00
0.10 CNC CENTENE CORP 2807061 70.97 1,432 101,629.04
0.10 MCHP MICROCHIP TECHNOLOGY INC 2592174 73.79 1,354 99,911.66
0.10 CTAS CINTAS CORP 2197137 430.50 232 99,876.00
0.10 HLT HILTON WORLDWIDE BYVMW06 144.45 690 99,670.50
0.10 DLR DIGITAL REALTY TRUST INC B03GQS4 157.25 632 99,382.00
0.10 ODFL OLD DOMINION FREIGHT LINE 2656423 325.76 305 99,356.80
0.10 PAYX PAYCHEX INC 2674458 123.53 801 98,947.53
0.10 PH PARKER HANNIFIN CORP 2671501 304.20 325 98,865.00
0.10 CSGP COSTAR GROUP INC 2262864 99.74 989 98,642.86
0.10 DDOG DATADOG INC - CLASS A BKT9Y49 163.87 600 98,322.00
0.10 KMI KINDER MORGAN INC B3NQ4P8 17.62 5,565 98,055.30
0.10 PPG PPG INDUSTRIES INC 2698470 161.87 604 97,769.48
0.10 SIVB SVB FINANCIAL GROUP 2808053 745.32 131 97,636.92
0.10 RMD RESMED INC 2732903 267.72 362 96,914.64
0.10 CPRT COPART INC 2208073 153.22 632 96,835.04
0.10 DD DUPONT DE NEMOURS INC BK0VN47 71.93 1,341 96,458.13
0.10 ROK ROCKWELL AUTOMATION INC 2754060 315.57 305 96,248.85
0.10 GIS GENERAL MILLS INC 2367026 62.09 1,541 95,680.69
0.09 KKR KKR & CO INC BG1FRR1 76.55 1,236 94,615.80
0.09 SYY SYSCO CORP 2868165 77.04 1,223 94,219.92
0.09 YUM YUM! BRANDS INC 2098876 126.18 746 94,130.28
0.09 AFL AFLAC INC 2026361 57.14 1,645 93,995.30
0.09 OTIS OTIS WORLDWIDE CORP BK531S8 80.27 1,167 93,675.09
0.09 FRC FIRST REPUBLIC BANK/CA B4WHY15 215.48 434 93,518.32
0.09 SRE SEMPRA ENERGY 2138158 131.44 710 93,322.40
0.09 DFS DISCOVER FINANCI B1YLC43 123.02 752 92,511.04
0.09 WMB WILLIAMS COS INC 2967181 28.59 3,231 92,374.29
0.09 ADM ARCHER-DANIELS-MIDLAND CO 2047317 65.36 1,408 92,026.88
0.09 WBA WALGREENS BOOTS BTN1Y44 48.31 1,897 91,644.07
0.09 OKTA OKTA INC BDFZSP1 255.71 358 91,544.18
0.09 IFF INTL FLAVORS & FRAGRANCES 2464165 148.09 618 91,519.62
0.09 BIIB BIOGEN INC 2455965 271.12 337 91,367.44
0.09 AZO AUTOZONE INC 2065955 1,826.00 50 91,300.00
0.09 AMP AMERIPRISE FINANCIAL INC B0J7D57 297.31 305 90,679.55
0.09 ROKU ROKU INC BZ1LFG7 324.01 279 90,398.79
0.09 PSX PHILLIPS 66 B78C4Y8 82.22 1,096 90,113.12
0.09 XEL XCEL ENERGY INC 2614807 64.48 1,384 89,240.32
0.09 CMI CUMMINS INC 2240202 238.90 366 87,437.40
0.09 ALL ALLSTATE CORP 2019952 128.32 666 85,461.12
0.09 STZ CONSTELLATION-A 2170473 218.21 391 85,320.11
0.08 ANSS ANSYS INC 2045623 376.47 226 85,082.22
0.08 VRSK VERISK ANALYTICS INC B4P9W92 211.32 400 84,528.00
0.08 VLO VALERO ENERGY CORP 2041364 81.88 1,027 84,090.76
0.08 PEG PUB SERV ENTERP 2707677 64.61 1,300 83,993.00
0.08 CBRE CBRE GROUP INC - A B6WVMH3 104.59 802 83,881.18
0.08 EQR EQUITY RESIDENTIAL 2319157 86.01 975 83,859.75
0.08 EPAM EPAM SYSTEMS INC B44Z3T8 653.49 128 83,646.72
0.08 NUE NUCOR CORP 2651086 111.43 745 83,015.35
0.08 HUBS HUBSPOT INC BR4T3B3 805.24 103 82,939.72
0.08 MNST MONSTER BEVERAGE CORP BZ07BW4 85.58 966 82,670.28
0.08 TTD TRADE DESK INC-A BD8FDD1 76.78 1,074 82,461.72
0.08 WST WEST PHARMACEUT 2950482 420.30 196 82,378.80
0.08 WY WEYERHAEUSER CO 2958936 36.76 2,236 82,195.36
0.08 EFX EQUIFAX INC 2319146 270.97 300 81,291.00
0.08 KEYS KEYSIGHT TECHNOLOGIES IN BQZJ0Q9 177.78 453 80,534.34
0.08 MCK MCKESSON CORP 2378534 207.97 387 80,484.39
0.08 ARE ALEXANDRIA REAL 2009210 209.00 385 80,465.00
0.08 ZBH ZIMMER BIOMET HO 2783815 149.83 537 80,458.71
0.08 TDG TRANSDIGM GROUP INC B11FJK3 642.94 125 80,367.50
0.08 STT STATE STREET CORP 2842040 98.27 816 80,188.32
0.08 CTVA CORTEVA INC BK73B42 42.71 1,864 79,611.44
0.08 RSG REPUBLIC SERVICES INC 2262530 130.42 610 79,556.20
0.08 MTD METTLER-TOLEDO 2126249 1,470.58 54 79,411.32
0.08 ETSY ETSY INC BWTN5N1 247.52 320 79,206.40
0.08 WLTW WILLIS TOWERS WATSON PLC BDB6Q21 244.01 324 79,059.24
0.08 WELL WELLTOWER INC BYVYHH4 80.43 975 78,419.25
0.08 AWK AMERICAN WATER W B2R3PV1 174.95 448 78,377.60
0.08 OXY OCCIDENTAL PETROLEUM CORP 2655408 35.36 2,216 78,357.76
0.08 ED CONSOLIDATED EDISON INC 2216850 76.28 1,017 77,576.76
0.08 PCAR PACCAR INC 2665861 86.88 887 77,062.56
0.08 AME AMETEK INC 2089212 130.64 588 76,816.32
0.08 AVB AVALONBAY COMMUNITIES INC 2131179 234.41 322 75,480.02
0.08 ES EVERSOURCE ENERGY BVVN4Q8 86.03 876 75,362.28
0.08 FAST FASTENAL CO 2332262 56.03 1,344 75,304.32
0.08 FITB FIFTH THIRD BANCORP 2336747 44.79 1,680 75,247.20
0.07 DELL DELL TECHNOLOGIES -C BHKD3S6 110.21 680 74,942.80
0.07 O REALTY INCOME CORP 2724193 74.10 1,011 74,915.10
0.07 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 252.20 295 74,399.00
0.07 SWKS SKYWORKS SOLUTIONS INC 2961053 164.33 450 73,948.50
0.07 LBRDK LIBERTY BROADBAND-C BRTLC06 175.00 421 73,675.00
0.07 BLL BALL CORP 2073022 89.14 813 72,470.82
0.07 IT GARTNER INC 2372763 326.42 221 72,138.82
0.07 KSU KANSAS CITY SOUTHERN 2607647 304.17 237 72,088.29
0.07 KHC KRAFT HEINZ CO/THE BYRY499 36.44 1,974 71,932.56
0.07 LH LABORATORY CP 2586122 283.56 252 71,457.12
0.07 WEC WEC ENERGY GROUP INC BYY8XK8 90.75 786 71,329.50
0.07 GLW CORNING INC 2224701 36.58 1,949 71,294.42
0.07 SYF SYNCHRONY FINANCIAL BP96PS6 48.95 1,455 71,222.25
0.07 HZNP HORIZON THERAPEUTICS PLC BQPVQZ6 116.01 610 70,766.10
0.07 MDB MONGODB INC BF2FJ99 501.68 141 70,736.88
0.07 SWK STANLEY BLACK & B3Q2FJ4 186.72 377 70,393.44
0.07 LUV SOUTHWEST AIRLINES CO 2831543 47.59 1,478 70,338.02
0.07 ALB ALBEMARLE CORP 2046853 236.16 297 70,139.52
0.07 OKE ONEOK INC 2130109 65.85 1,065 70,130.25
0.07 DHI DR HORTON INC 2250687 88.70 790 70,073.00
0.07 LNG CHENIERE ENERGY INC 2654364 107.18 652 69,881.36
0.07 DASH DOORDASH INC - A BN13P03 212.93 327 69,628.11
0.07 ZS ZSCALER INC BZ00V34 315.32 220 69,370.40
0.07 LEN LENNAR CORP-A 2511920 100.45 688 69,109.60
0.07 URI UNITED RENTALS INC 2134781 357.19 193 68,937.67
0.07 RF REGIONS FINANCIAL CORP B01R311 24.08 2,853 68,700.24
0.07 GNRC GENERAC HOLDINGS INC B6197Q2 472.71 145 68,542.95
0.07 VMC VULCAN MATERIALS CO 2931205 189.13 361 68,275.93
0.07 SPLK SPLUNK INC B424494 167.38 406 67,956.28
0.07 EXPE EXPEDIA GROUP INC B748CK2 162.75 416 67,704.00
0.07 HES HESS CORP 2023748 89.17 753 67,145.01
0.07 HIG HARTFORD FINL SV 2476193 72.94 915 66,740.10
0.07 YUMC YUM CHINA HOLDINGS INC BYW4289 59.34 1,122 66,579.48
0.07 ZBRA ZEBRA TECH CORP 2989356 525.41 124 65,150.84
0.06 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 97.64 665 64,930.60
0.06 KDP KEURIG DR PEPPER INC BD3W133 34.58 1,861 64,353.38
0.06 DAL DELTA AIR LINES INC B1W9D46 39.71 1,615 64,131.65
0.06 BBY BEST BUY CO INC 2094670 121.23 528 64,009.44
0.06 PAYC PAYCOM SOFTWARE INC BL95MY0 537.19 118 63,388.42
0.06 MAA MID-AMERICA APAR 2589132 202.68 309 62,628.12
0.06 ETR ENTERGY CORP 2317087 103.90 600 62,340.00
0.06 HBAN HUNTINGTON BANCSHARES INC 2445966 16.47 3,779 62,240.13
0.06 CVNA CARVANA CO BYQHPG3 291.56 212 61,810.72
0.06 DLTR DOLLAR TREE INC 2272476 104.96 586 61,506.56
0.06 FTV FORTIVE CORP BYT3MK1 74.48 819 60,999.12
0.06 KR KROGER CO 2497406 39.96 1,525 60,939.00
0.06 TSCO TRACTOR SUPPLY COMPANY 2900335 206.82 293 60,598.26
0.06 STE STERIS PLC BFY8C75 235.36 257 60,487.52
0.06 NDAQ NASDAQ INC 2965107 201.48 300 60,444.00
0.06 HSY HERSHEY CO/THE 2422806 181.71 329 59,782.59
0.06 ABNB AIRBNB INC-CLASS A BMGYYH4 171.14 349 59,727.86
0.06 SGEN SEAGEN INC BLPK4D2 177.70 335 59,529.50
0.06 NTRS NORTHERN TRUST CORP 2648668 123.21 483 59,510.43
0.06 SUI SUN COMMUNITIES INC 2860257 197.94 300 59,382.00
0.06 FLT FLEETCOR TECHNOLOGIES INC B4R28B3 275.63 215 59,260.45
0.06 BR BROADRIDGE FINL B1VP7R6 184.23 321 59,137.83
0.06 EIX EDISON INTERNATIONAL 2829515 61.47 962 59,134.14
0.06 PINS PINTEREST INC- CLASS A BJ2Z0H2 47.89 1,233 59,048.37
0.06 ALNY ALNYLAM PHARMACE B00FWN1 197.71 298 58,917.58
0.06 KEY KEYCORP 2490911 23.89 2,433 58,124.37
0.06 VFC VF CORP 2928683 72.27 801 57,888.27
0.06 VTR VENTAS INC 2927925 54.43 1,062 57,804.66
0.06 TSN TYSON FOODS INC-CL A 2909730 82.49 699 57,660.51
0.06 CDW CDW CORP/DE BBM5MD6 188.47 305 57,483.35
0.06 EXR EXTRA SPACE STORAGE INC B02HWR9 187.28 305 57,120.40
0.06 XYL XYLEM INC B3P2CN8 127.80 444 56,743.20
0.06 MLM MARTIN MARIETTA MATERIALS 2572079 390.82 145 56,668.90
0.06 CZR CAESARS ENTERTAINMENT INC BMWWGB0 112.78 501 56,502.78
0.06 CTLT CATALENT INC BP96PQ4 133.51 421 56,207.71
0.06 IP INTERNATIONAL PAPER CO 2465254 53.04 1,050 55,692.00
0.06 KMX CARMAX INC 2983563 137.44 405 55,663.20
0.06 DTE DTE ENERGY COMPANY 2280220 116.37 475 55,275.75
0.06 HOLX HOLOGIC INC 2433530 72.43 760 55,046.80
0.06 VRSN VERISIGN INC 2142922 215.71 255 55,006.05
0.05 SSNC SS&C TECHNOLOGIE B58YSC6 75.24 726 54,624.24
0.05 HAL HALLIBURTON CO 2405302 26.16 2,079 54,386.64
0.05 ENPH ENPHASE ENERGY INC B65SQW4 173.46 313 54,292.98
0.05 CERN CERNER CORP 2185284 71.95 754 54,250.30
0.05 TTWO TAKE-TWO INTERAC 2122117 182.54 293 53,484.22
0.05 PPL PPL CORP 2680905 29.09 1,830 53,234.70
0.05 VIAC VIACOMCBS INC - CLASS B BKTNTR9 37.08 1,435 53,209.80
0.05 PKI PERKINELMER INC 2305844 176.98 300 53,094.00
0.05 HPE HEWLETT PACKA BYVYWS0 14.88 3,568 53,091.84
0.05 TRU TRANSUNION BYMWL86 113.60 467 53,051.20
0.05 IR INGERSOLL-RAND INC BL5GZ82 53.94 982 52,969.08
0.05 CFG CITIZENS FINANCIAL GROUP BQRX1X3 49.62 1,066 52,894.92
0.05 ANET ARISTA NETWORKS INC BN33VM5 403.59 131 52,870.29
0.05 TRMB TRIMBLE INC 2903958 86.41 610 52,710.10
0.05 CHD CHURCH & DWIGHT CO INC 2195841 84.60 622 52,621.20
0.05 BF/B BROWN-FORMAN CORP-CLASS B 2146838 69.32 757 52,475.24
0.05 AEE AMEREN CORPORATION 2050832 85.34 610 52,057.40
0.05 WAT WATERS CORP 2937689 362.06 143 51,774.58
0.05 NTAP NETAPP INC 2630643 90.66 570 51,676.20
0.05 ESS ESSEX PROPERTY TRUST INC 2316619 338.39 152 51,435.28
0.05 DRE DUKE REALTY CORP 2284084 55.61 921 51,216.81
0.05 DOV DOVER CORP 2278407 167.40 305 51,057.00
0.05 RNG RINGCENTRAL INC-CLASS A BDZCRX3 241.79 211 51,017.69
0.05 MKC MCCORMICK-N/V 2550161 81.06 627 50,824.62
0.05 CLX CLOROX COMPANY 2204026 161.21 315 50,781.15
0.05 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 93.46 539 50,374.94
0.05 MTB M & T BANK CORP 2340168 155.38 324 50,343.12
0.05 INVH INVITATION HOMES INC BD81GW9 40.94 1,220 49,946.80
0.05 TYL TYLER TECHNOLOGIES INC 2909644 529.79 94 49,800.26
0.05 U UNITY SOFTWARE INC BLFDXH8 147.62 333 49,157.46
0.05 APO APOLLO GLOBAL MA BKRLVD5 79.76 616 49,132.16
0.05 CE CELANESE CORP B05MZT4 171.51 286 49,051.86
0.05 GPC GENUINE PARTS CO 2367480 134.56 364 48,979.84
0.05 GRMN GARMIN LTD B3Z5T14 160.30 305 48,891.50
0.05 FE FIRSTENERGY CORP 2100920 37.70 1,292 48,708.40
0.05 COO COOPER COS INC/THE 2222631 416.54 115 47,902.10
0.05 COUP COUPA SOFTWARE INC BD87XR1 241.15 198 47,747.70
0.05 STX SEAGATE TECHNOLO BKVD2N4 88.07 542 47,733.94
0.05 TER TERADYNE INC 2884183 115.15 413 47,556.95
0.05 J JACOBS ENGIN GRP 2469052 138.27 341 47,150.07
0.05 QRVO QORVO INC BR9YYP4 165.28 284 46,939.52
0.05 RCL ROYAL CARIBBEAN 2754907 84.42 555 46,853.10
0.05 TDY TELEDYNE TECHNOLOGIES INC 2503477 437.63 107 46,826.41
0.05 PODD INSULET CORP B1XGNW4 303.92 154 46,803.68
0.05 TDOC TELADOC HEALTH INC BYQRFY1 141.30 331 46,770.30
0.05 SJM JM SMUCKER CO/THE 2951452 124.70 375 46,762.50
0.05 W WAYFAIR INC- CLASS A BQXZP64 236.00 198 46,728.00
0.05 AMC AMC ENTERTAINMEN BH4HLL3 36.05 1,296 46,720.80
0.05 CCL CARNIVAL CORP 2523044 21.82 2,131 46,498.42
0.05 BKR BAKER HUGHES CO BDHLTQ5 25.69 1,806 46,396.14
0.05 DRI DARDEN RESTAURANTS INC 2289874 145.74 317 46,199.58
0.05 ULTA ULTA BEAUTY INC B28TS42 366.06 126 46,123.56
0.05 AMCR AMCOR PLC BJ1F307 12.01 3,840 46,118.40
0.05 RJF RAYMOND JAMES 2718992 102.35 447 45,750.45
0.05 K KELLOGG CO 2486813 61.60 742 45,707.20
0.05 AVTR AVANTOR INC BJLT387 37.70 1,200 45,240.00
0.05 EMN EASTMAN CHEMICAL CO 2298386 108.65 416 45,198.40
0.05 PFG PRINCIPAL FINANCIAL GROUP 2803014 69.51 650 45,181.50
0.05 MGM MGM RESORTS INTERNATIONAL 2547419 47.24 954 45,066.96
0.05 PEAK HEALTHPEAK PROPERTIES INC BJBLRK3 35.07 1,284 45,029.88
0.04 IEX IDEX CORP 2456612 219.96 202 44,431.92
0.04 ACGL ARCH CAPITAL GROUP LTD 2740542 43.15 1,029 44,401.35
0.04 GWW WW GRAINGER INC 2380863 430.64 102 43,925.28
0.04 PCG P G & E CORP 2689560 11.57 3,790 43,850.30
0.04 DGX QUEST DIAGNOSTICS INC 2702791 145.50 300 43,650.00
0.04 JBHT HUNT (JB) TRANS 2445416 196.48 221 43,422.08
0.04 BBWI BATH & BODY WORKS INC BNNTGJ5 71.17 610 43,413.70
0.04 BURL BURLINGTON STORES INC BF311Y5 277.17 155 42,961.35
0.04 AES AES CORP 2002479 25.37 1,665 42,241.05
0.04 EXPD EXPEDITORS INTL WASH INC 2325507 123.50 342 42,237.00
0.04 WDC WESTERN DIGITAL CORP 2954699 56.32 748 42,127.36
0.04 DPZ DOMINO'S PIZZA INC B01SD70 465.78 90 41,920.20
0.04 CINF CINCINNATI FINANCIAL CORP 2196888 123.05 338 41,590.90
0.04 XRAY DENTSPLY SIRONA INC BYNPPC6 56.89 730 41,529.70
0.04 MKL MARKEL CORP 2566436 1,325.59 31 41,093.29
0.04 VTRS VIATRIS INC BMWS3X9 13.48 3,044 41,033.12
0.04 AKAM AKAMAI TECHNOLOGIES INC 2507457 106.81 383 40,908.23
0.04 CPNG COUPANG INC BNYHDF3 29.86 1,369 40,878.34
0.04 BXP BOSTON PROPERTIES INC 2019479 118.69 342 40,591.98
0.04 L LOEWS CORP 2523022 57.31 706 40,460.86
0.04 LVS LAS VEGAS SANDS CORP B02T2J7 39.03 1,033 40,317.99
0.04 CAG CONAGRA BRANDS INC 2215460 33.03 1,199 39,602.97
0.04 EVRG EVERGY INC BFMXGR0 64.38 610 39,271.80
0.04 MAS MASCO CORP 2570200 61.08 640 39,091.20
0.04 BRO BROWN & BROWN INC 2692687 63.90 610 38,979.00
0.04 NVR NVR INC 2637785 4,870.98 8 38,967.84
0.04 OMC OMNICOM GROUP 2279303 71.04 548 38,929.92
0.04 Z ZILLOW GROUP INC - C BYXJF62 95.47 407 38,856.29
0.04 CMS CMS ENERGY CORP 2219224 60.60 634 38,420.40
0.04 ABC AMERISOURCEBERGEN CORP 2795393 122.96 311 38,240.56
0.04 BIO BIO-RAD LABORATORIES-A 2098508 773.15 49 37,884.35
0.04 UAL UNITED AIRLINES B4QG225 46.79 805 37,665.95
0.04 ELAN ELANCO ANIMAL HEALTH INC BF5L3T2 33.49 1,101 36,872.49
0.04 LDOS LEIDOS HOLDINGS INC BDV82B8 101.00 353 35,653.00
0.04 CAH CARDINAL HEALTH INC 2175672 48.70 726 35,356.20
0.04 EXAS EXACT SCIENCES CORP 2719951 94.87 368 34,912.16
0.03 LNT ALLIANT ENERGY CORP 2973821 56.81 610 34,654.10
0.03 TXG 10X GENOMICS INC-CLASS A BKS3RS7 165.63 208 34,451.04
0.03 LYV LIVE NATION ENTE B0T7YX2 101.09 338 34,168.42
0.03 MASI MASIMO CORP B1YWR63 289.01 118 34,103.18
0.03 MKTX MARKETAXESS HOLDINGS INC B03Q9D0 404.54 84 33,981.36
0.03 TFX TELEFLEX INC 2881407 373.36 90 33,602.40
0.03 FOXA FOX CORP - CLASS A BJJMGL2 41.59 807 33,563.13
0.03 DKNG DRAFTKINGS INC - CL A BMYML02 48.75 688 33,540.00
0.03 VMW VMWARE INC-CLASS A B23SN61 158.08 210 33,196.80
0.03 LYFT LYFT INC-A BJT1RW7 47.54 666 31,661.64
0.03 CTXS CITRIX SYSTEMS INC 2182553 96.60 327 31,588.20
0.03 PATH UIPATH INC - CLASS A BMD02L5 53.50 582 31,137.00
0.03 DISCK DISCOVERY INC-C B3D7KG4 23.75 1,306 31,017.50
0.03 INCY INCYTE CORP 2471950 66.55 459 30,546.45
0.03 HRL HORMEL FOODS CORP 2437264 42.19 704 29,701.76
0.03 RPRX ROYALTY PHARMA PLC- CL A BMVP7Y0 37.74 786 29,663.64
0.03 SEDG SOLAREDGE TECHNO BWC52Q6 313.88 94 29,504.72
0.03 GDDY GODADDY INC - CLASS A BWFRFC6 70.31 415 29,178.65
0.03 TW TRADEWEB MARKE-A BJXMVK2 87.39 324 28,314.36
0.03 WAB WABTEC CORP 2955733 91.68 305 27,962.40
0.03 DISH DISH NETWORK CORP-A 2303581 43.03 634 27,281.02
0.03 BMRN BIOMARIN PHARMAC 2437071 73.42 367 26,945.14
0.03 BSY BENTLEY SYSTEM-B BMC1PR6 58.84 450 26,478.00
0.03 ROL ROLLINS INC 2747305 39.33 634 24,935.22
0.02 HEI/A HEICO CORP-CLASS A 2237561 125.24 196 24,547.04
0.02 CPB CAMPBELL SOUP CO 2162845 40.77 523 21,322.71
0.02 BEN FRANKLIN RESOURCES INC 2350684 31.05 672 20,865.60
0.02 SIRI SIRIUS XM HOLDINGS INC BGLDK10 6.03 3,347 20,182.41
0.02 ZI ZOOMINFO TECH-A BMWF095 69.14 262 18,114.68
0.02 VSCO VICTORIA'S SECRET & CO BNNTGH3 53.77 305 16,399.85
0.02 DISCA DISCOVERY INC - A B3D7K31 24.64 653 16,089.92
0.02 AGR AVANGRID INC BYP0CD9 52.38 305 15,975.90
0.02 IBKR INTERACTIVE BROK B1WT4X2 72.73 214 15,564.22
0.01 CHWY CHEWY INC - CLASS A BJLFHW7 67.99 214 14,549.86
0.01 SCCO SOUTHERN COPPER CORP 2823777 64.38 224 14,421.12
0.01 HEI HEICO CORP 2419217 140.92 90 12,682.80
0.01 LBRDA LIBERTY BROADBAND-A BRTLBY3 172.12 59 10,155.08
0.01 ATUS ALTICE USA INC- A BDRY7P9 17.59 558 9,815.22
0.01 RKT ROCKET COS INC-CLASS A BMD6Y84 16.53 559 9,240.27
0.01 ZG ZILLOW GROUP INC - A BVYJBR3 96.19 94 9,041.86
0.01 APP APPLOVIN CORP-CLASS A BMV3LG4 94.01 74 6,956.74
0.01 UI UBIQUITI INC BK9Z6V8 303.89 16 4,862.24
0.01 FOX FOX CORP - CLASS B BJJMGY5 38.72 121 4,685.12
0.00 LEN/B LENNAR CORP - B SHS 2578293 82.01 38 3,116.38
0.00 BF/A BROWN-FORMAN CORP-CLASS A 2146816 65.00 46 2,990.00
0.00 SLVM SYLVAMO CORP BMW72C8 27.90 90 2,510.99
0.00 WMG WARNER MUSIC-A BLGJ610 47.67 30 1,430.10
0.00 VIACA VIACOMCBS INC - CLASS A BKTNTP7 39.84 5 199.20
Holdings are subject to change.

ETF Research

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.