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 09/26/22

Inception Date 01/12/21
Total Expense Ratio 0.39%
Net Assets $58.78 million
NAV $25.34
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 09/26/22

Ticker ONOF
Bloomberg Index Ticker AWSRSK
CUSIP 37954Y194
ISIN US37954Y1947
Primary Exchange NYSE Arca
Shares Outstanding 2,320,000
Number of Holdings 8
30-Day Median Bid-Ask Spread 0.31%

Distributions As of 09/26/22

30-Day SEC Yield 1.31%
Distribution Frequency Semi-Annually

ETF Prices As of 09/26/22

NAV $25.34 Daily Change -$0.04 -0.17%
Market Price $25.31 Daily Change -$0.08 -0.32%

Performance History

As of recent
(06/30/22)
As of recent
(06/30/22)
Fund NAV Market Price Index
1 Year -16.08% -16.28% -15.97%
Since Inception -3.58% -3.64% -3.75%
1 Year -12.22% -12.61% -11.88%
Since Inception 2.77% 2.60% 2.69%
Year-to-Date -24.39% -24.73% -24.26%
1 Month -10.75% -10.75% -10.71%
3 Months -10.75% -11.06% -10.60%
Since Inception -5.20% -5.28% -5.44%
Year-to-Date -16.61% -17.13% -16.36%
1 Month 1.90% 1.87% 1.95%
3 Months -1.55% -1.74% -1.40%
Since Inception 4.57% 4.28% 4.43%

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 09/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
23.80 T 3 1/4 08/31/24 BQ0LTZ2 0.98 14,270,000 13,991,289.06
16.29 T 3 1/8 08/15/25 BQHM4C0 0.97 9,920,000 9,575,900.00
14.83 T 3 06/30/24 BQC7W04 0.98 8,930,000 8,719,307.81
14.49 T 0 7/8 01/31/24 BN95VQ9 0.95 8,920,000 8,514,767.17
13.16 T 0 1/8 10/15/23 BMD3XJ9 0.96 8,080,000 7,735,653.10
11.96 T 2 1/2 04/30/24 BQ2GVK4 0.97 7,240,000 7,028,739.04
4.85 T 2 7/8 06/15/25 BQB7JY8 0.96 2,970,000 2,852,012.12
0.43 CASH 1.00 254,049 254,048.69
0.19 B 09/29/22 BPRT3X8 1.00 110,000 109,986.07
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.

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