QDIV


S&P 500 Quality Dividend ETF

Morningstar Rating™ - Overall rating out of 1,149 Large Value funds, based on risk-adjusted returns as of 02/28/2023

Reasons to Consider QDIV

Focus on Quality

QDIV invests in companies that score in the top 200 of the S&P 500 based on a variety of quality metrics including return-on-equity, accruals, and financial leverage.

High Income Potential

To qualify for QDIV, a company must score in the top 200 of the S&P 500 in dividend yield.

Monthly Distributions

QDIV has made monthly distributions 4 years running.

Key Information As of 03/23/23

Inception Date 07/13/18
Total Expense Ratio 0.20%
Net Assets $65.37 million
NAV $30.26
Fact Sheet

ETF Summary

The Global X S&P 500 Quality Dividend ETF (QDIV) invests in U.S. equity securities included in the S&P 500 Index that rank within the top 200 of the index’s universe by both quality score and dividend yield.

ETF Objective

The Global X S&P 500 Quality Dividend ETF (QDIV) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Quality High Dividend Index.

Trading Details As of 03/23/23

Ticker QDIV
Bloomberg Index Ticker SPXQHDUT
CUSIP 37954Y616
ISIN US37954Y6169
Primary Exchange NYSE Arca
Shares Outstanding 2,160,002
Number of Holdings 77
30-Day Median Bid-Ask Spread 0.35%

Distributions As of 03/23/23

30-Day SEC Yield 3.11%
12-Month Trailing Yield 3.29%
Distribution Yield 3.31%
Distribution Frequency Monthly

ETF Prices As of 03/23/23

NAV $30.26 Daily Change -$0.09 -0.30%
Market Price $30.31 Daily Change -$0.17 -0.56%

Performance History

As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -0.53% -0.49% -0.31%
3 Years 8.63% 8.67% 8.93%
Since Inception 8.69% 8.72% 9.01%
1 Year -2.33% -2.18% -2.10%
3 Years 14.84% 14.73% 15.17%
Since Inception 8.39% 8.44% 8.72%
Year-to-Date -0.53% -0.49% -0.31%
1 Month -4.14% -4.11% -4.12%
3 Months 14.61% 14.87% 14.68%
Since Inception 45.12% 45.34% 47.09%
Year-to-Date 0.10% 0.13% 0.15%
1 Month -3.96% -3.78% -3.95%
3 Months -4.05% -3.98% -3.98%
Since Inception 45.27% 45.53% 47.31%

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 03/23/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
1.61 AVGO BROADCOM INC BDZ78H9 639.23 1,650 1,054,729.50
1.61 MPC MARATHON PETROLEUM CORP B3K3L40 126.15 8,329 1,050,703.35
1.60 OMC OMNICOM GROUP 2279303 88.63 11,760 1,042,288.80
1.55 VLO VALERO ENERGY CORP 2041364 130.38 7,753 1,010,836.14
1.53 TPR TAPESTRY INC BF09HX3 40.66 24,545 997,999.70
1.49 IPG INTERPUBLIC GRP 2466321 35.03 27,861 975,970.83
1.49 PARA PARAMOUNT GLOBAL-CLASS B BKTNTR9 20.74 46,959 973,929.66
1.44 LYB LYONDELLBASELL INDU-CL A B3SPXZ3 85.74 10,974 940,910.76
1.43 ITW ILLINOIS TOOL WORKS 2457552 231.28 4,038 933,908.64
1.43 QCOM QUALCOMM INC 2714923 124.15 7,511 932,490.65
1.42 UPS UNITED PARCEL-B 2517382 185.29 4,996 925,708.84
1.42 TXN TEXAS INSTRUMENTS INC 2885409 180.28 5,134 925,557.52
1.41 NEM NEWMONT CORP 2636607 47.79 19,252 920,053.08
1.41 DOW DOW INC BHXCF84 51.65 17,788 918,750.20
1.40 TGT TARGET CORP 2259101 156.12 5,863 915,331.56
1.39 CSCO CISCO SYSTEMS INC 2198163 49.73 18,324 911,252.52
1.39 RHI ROBERT HALF INTL INC 2110703 74.06 12,246 906,938.76
1.39 FAST FASTENAL CO 2332262 51.74 17,527 906,846.98
1.37 MDLZ MONDELEZ INTER-A B8CKK03 67.20 13,331 895,843.20
1.37 GRMN GARMIN LTD B3Z5T14 95.09 9,389 892,800.01
1.36 SNA SNAP-ON INC 2818740 233.75 3,802 888,717.50
1.36 CHRW CH ROBINSON 2116228 94.87 9,365 888,457.55
1.36 XOM EXXON MOBIL CORP 2326618 103.41 8,587 887,981.67
1.35 GLW CORNING INC 2224701 32.66 27,052 883,518.32
1.35 MDT MEDTRONIC PLC BTN1Y11 77.57 11,378 882,591.46
1.35 JNPR JUNIPER NETWORKS INC 2431846 32.12 27,439 881,340.68
1.34 RTX RAYTHEON TECHNOL BM5M5Y3 96.00 9,090 872,640.00
1.33 SJM JM SMUCKER CO/THE 2951452 151.09 5,753 869,220.77
1.32 LMT LOCKHEED MARTIN CORP 2522096 467.90 1,849 865,147.10
1.31 GIS GENERAL MILLS INC 2367026 82.15 10,404 854,688.60
1.31 NTAP NETAPP INC 2630643 61.53 13,888 854,528.64
1.31 PEP PEPSICO INC 2681511 175.65 4,864 854,361.60
1.31 CPB CAMPBELL SOUP CO 2162845 53.50 15,963 854,020.50
1.30 PSX PHILLIPS 66 B78C4Y8 93.54 9,112 852,336.48
1.30 PG PROCTER & GAMBLE CO/THE 2704407 143.79 5,910 849,798.90
1.30 ABBV ABBVIE INC B92SR70 155.30 5,470 849,491.00
1.30 PSA PUBLIC STORAGE 2852533 282.24 3,005 848,131.20
1.30 KO COCA-COLA CO/THE 2206657 59.92 14,138 847,148.96
1.29 IP INTERNATIONAL PAPER CO 2465254 34.11 24,755 844,393.05
1.29 TAP MOLSON COORS-B B067BM3 49.56 17,035 844,254.60
1.29 CMI CUMMINS INC 2240202 226.19 3,723 842,105.37
1.28 KHC KRAFT HEINZ CO/THE BYRY499 37.42 22,356 836,561.52
1.28 KMI KINDER MORGAN INC B3NQ4P8 16.39 50,923 834,627.97
1.28 KMB KIMBERLY-CLARK CORP 2491839 127.37 6,551 834,400.87
1.26 EMN EASTMAN CHEMICAL CO 2298386 78.73 10,484 825,405.32
1.26 CL COLGATE-PALMOLIVE CO 2209106 71.83 11,483 824,823.89
1.26 BLK BLACKROCK INC 2494504 651.78 1,261 821,894.58
1.26 OKE ONEOK INC 2130109 58.64 13,985 820,080.40
1.25 CVX CHEVRON CORP 2838555 154.52 5,301 819,110.52
1.24 DFS DISCOVER FINANCI B1YLC43 93.57 8,670 811,251.90
1.24 TROW T ROWE PRICE GROUP INC 2702337 108.85 7,443 810,170.55
1.24 BBY BEST BUY CO INC 2094670 74.59 10,857 809,823.63
1.24 PAYX PAYCHEX INC 2674458 107.88 7,486 807,589.68
1.23 WY WEYERHAEUSER CO 2958936 28.30 28,373 802,955.90
1.22 GILD GILEAD SCIENCES INC 2369174 78.76 10,156 799,886.56
1.22 PPL PPL CORP 2680905 25.91 30,866 799,738.06
1.22 AFL AFLAC INC 2026361 62.53 12,768 798,383.04
1.22 K KELLOGG CO 2486813 64.60 12,347 797,616.20
1.21 UNP UNION PACIFIC CORP 2914734 186.20 4,238 789,115.60
1.21 EMR EMERSON ELECTRIC CO 2313405 83.10 9,488 788,452.80
1.20 HIG HARTFORD FINL SV 2476193 65.79 11,960 786,848.40
1.20 TSN TYSON FOODS INC-CL A 2909730 56.08 14,018 786,129.44
1.20 HPE HEWLETT PACKA BYVYWS0 14.27 55,024 785,192.48
1.20 DTE DTE ENERGY COMPANY 2280220 102.66 7,617 781,961.22
1.17 EOG EOG RESOURCES INC 2318024 104.78 7,307 765,627.46
1.17 JNJ JOHNSON & JOHNSON 2475833 151.13 5,052 763,508.76
1.16 VTRS VIATRIS INC BMWS3X9 9.20 82,437 758,420.40
1.16 BMY BRISTOL-MYERS SQUIBB CO 2126335 66.98 11,322 758,347.56
1.15 AMGN AMGEN INC 2023607 233.10 3,210 748,251.00
1.12 HAS HASBRO INC 2414580 48.64 15,006 729,891.84
1.11 PFG PRINCIPAL FINANCIAL GROUP 2803014 71.26 10,146 723,003.96
1.11 APA APA CORP BNNF1C1 34.01 21,245 722,542.45
1.10 MMM 3M CO 2595708 101.00 7,107 717,807.00
1.09 WBA WALGREENS BOOTS BTN1Y44 32.33 22,091 714,202.03
1.08 WRK WESTROCK CO BYR0914 28.41 24,895 707,266.95
1.06 PFE PFIZER INC 2684703 40.18 17,277 694,189.86
0.97 FIS FIDELITY NATIONA 2769796 49.97 12,718 635,518.46
0.32 CASH 1.00 209,351 209,350.99
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 02/28/23

Sector Weight (%)
Consumer Staples 17.2
Industrials 15.7
Information Technology 13.0
Energy 12.0
Health Care 9.6
Materials 8.1
Financials 7.9
Consumer Discretionary 6.9
Communication Services 4.5
Real Estate 2.6
Utilities 2.5

Source: AltaVista Research, LLC

ETF Characteristics As of 03/23/23

Return on Equity 18.00%
Weighted Avg. Market Cap 78,482 M
2022 2023
Price-to-earnings 11.01 12.28
Price-to-book value 2.32 2.10

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.93
MSCI EAFE 0.96
MSCI Emg. Mkts 0.73
Standard Deviation 21.80%

Source: AltaVista Research, LLC

ETF Research

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Read MoreExchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 02/28, QDIV was rated against the following number of Large Value funds over the following time periods: 1,149 during the last 3 years. With respect to these Large Value funds, QDIV received a Morningstar Rating of 4 stars. Past performance is not indicative of future results.

© 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time.

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. Beginning October 15, 2020, 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. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. 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 did 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 Standard & Poors, nor does Standard & Poors 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 Standard & Poors.

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