XRMI

S&P 500 Risk Managed Income ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider XRMI

Alternative Income Source

XRMI seeks to generate an alternative source of income by selling covered calls.

Risk-Minded Approach

XRMI buys protective puts to mitigate the risks of a major market selloff.

Monthly Distributions

XRMI expects to make distributions on a monthly basis.

Key Information As of 08/05/22

Inception Date	08/25/21
Total Expense Ratio	0.60%
Net Assets	$20.61 million
NAV	$22.90
Fact Sheet

ETF Summary

The Global X S&P 500 Risk Managed Income ETF (XRMI) employs a protective net-credit collar¹ strategy for investors seeking the income characteristics of a covered call fund, while mitigating the risks of a major market selloff with a protective put. XRMI seeks to achieve this outcome by owning the stocks in the S&P 500 Index (SPX), while buying 5% out-of-the-money put options² on SPX and selling at-the-money call options on the same index.

ETF Objective

The Global X S&P 500 Risk Managed Income ETF (XRMI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe S&P 500 Risk Managed Income Index.

Trading Details As of 08/05/22

Ticker	XRMI
Bloomberg Index Ticker	CLL1M
CUSIP	37960A206
ISIN	US37960A2069
Primary Exchange	NYSE Arca
Shares Outstanding	900,000
Number of Holdings	507
30-Day Median Bid-Ask Spread	0.35%

Distributions As of 08/05/22

30-Day SEC Yield	1.16%
Distribution Frequency	Monthly

¹A protective net-credit collar strategy is a mix of short (sold) call options and long (purchased) put options where the premiums received from the sale of the call options will be greater than the premium paid when buying the put options

²An out-of-the-money put option conveys the right, but not the obligation, to sell an underlying asset at a strike price below that underlying asset’s market price; an out-of-the-money call option conveys the right, but not the obligation, to buy an underlying asset at a strike price above that underlying asset’s market price (learn more)

ETF Prices As of 08/05/22

NAV	$22.90	Daily Change	$0.00	-0.01%
Market Price	$22.93	Daily Change	$0.00	0.02%

As of recent (06/30/22)	Fund NAV	Market Price	Index
Year-to-Date	-10.63%	-10.76%	-10.58%
1 Month	-3.49%	-3.66%	-3.35%
3 Months	-8.00%	-8.17%	-7.83%
Since Inception	-8.49%	-8.45%	-8.34%
Year-to-Date	-8.41%	-8.47%	-8.41%
1 Month	2.48%	2.57%	2.44%
3 Months	-3.36%	-3.23%	-3.35%
Since Inception	-6.22%	-6.10%	-6.10%

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 S&P 500 Call Option	-$21,140,468	3850	107.70%	08/19/2022	14
Long S&P 500 Put Option	$21,140,468	3660	88.30%	08/19/2022	14
Short S&P 500 Mini Call Option	-$1,243,557	385	107.70%	08/19/2022	14
Long S&P 500 Mini Put Option	$1,243,557	366	88.30%	08/19/2022	14

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
7.84	AAPL	APPLE INC	2046251	165.35	9,877	1,633,161.95
6.52	MSFT	MICROSOFT CORP	2588173	282.91	4,804	1,359,099.64
3.80	AMZN	AMAZON.COM INC	2000019	140.80	5,619	791,155.20
2.24	TSLA	TESLA INC	B616C79	864.51	539	465,970.89
2.18	GOOGL	ALPHABET INC-CL A	BYVY8G0	117.47	3,860	453,434.20
2.01	GOOG	ALPHABET INC-CL C	BYY88Y7	118.22	3,540	418,498.80
1.63	BRK/B	BERKSHIRE HATH-B	2073390	292.07	1,162	339,385.34
1.55	UNH	UNITEDHEALTH GROUP INC	2917766	535.06	603	322,641.18
1.47	NVDA	NVIDIA CORP	2379504	189.89	1,608	305,343.12
1.39	JNJ	JOHNSON & JOHNSON	2475833	171.11	1,690	289,175.90
1.18	META	META PLATFORMS INC	B7TL820	167.11	1,472	245,985.92
1.15	XOM	EXXON MOBIL CORP	2326618	88.45	2,704	239,168.80
1.10	V	VISA INC-CLASS A SHARES	B2PZN04	215.87	1,057	228,174.59
1.07	PG	PROCTER & GAMBLE CO/THE	2704407	144.72	1,540	222,868.80
1.05	JPM	JPMORGAN CHASE & CO	2190385	115.76	1,886	218,323.36
0.98	HD	HOME DEPOT INC	2434209	309.69	662	205,014.78
0.95	MA	MASTERCARD INC - A	B121557	357.51	551	196,988.01
0.93	CVX	CHEVRON CORP	2838555	153.64	1,261	193,740.04
0.85	PFE	PFIZER INC	2684703	49.27	3,602	177,470.54
0.76	KO	COCA-COLA CO/THE	2206657	63.38	2,505	158,766.90
0.75	ABBV	ABBVIE INC	B92SR70	138.04	1,132	156,261.28
0.74	PEP	PEPSICO INC	2681511	174.55	888	155,000.40
0.74	BAC	BANK OF AMERICA CORP	2295677	33.96	4,548	154,450.08
0.74	COST	COSTCO WHOLESALE CORP	2701271	540.67	284	153,550.28
0.73	LLY	ELI LILLY & CO	2516152	301.32	507	152,769.24
0.71	TMO	THERMO FISHER	2886907	590.26	252	148,745.52
0.69	AVGO	BROADCOM INC	BDZ78H9	551.44	262	144,477.28
0.68	MRK	MERCK & CO. INC.	2778844	87.41	1,623	141,866.43
0.63	ADBE	ADOBE INC	2008154	433.43	302	130,895.86
0.60	ACN	ACCENTURE PLC-CL A	B4BNMY3	309.35	405	125,286.75
0.60	DIS	WALT DISNEY CO/THE	2270726	106.63	1,169	124,650.47
0.59	MCD	MCDONALD'S CORP	2550707	259.23	474	122,875.02
0.59	ABT	ABBOTT LABORATORIES	2002305	109.25	1,122	122,578.50
0.58	VZ	VERIZON COMMUNIC	2090571	44.95	2,695	121,140.25
0.58	CRM	SALESFORCE INC	2310525	190.17	637	121,138.29
0.58	DHR	DANAHER CORP	2250870	290.00	416	120,640.00
0.58	CSCO	CISCO SYSTEMS INC	2198163	45.01	2,663	119,861.63
0.55	WMT	WALMART INC	2936921	126.58	901	114,048.58
0.53	NEE	NEXTERA ENERGY INC	2328915	87.98	1,260	110,854.80
0.53	CMCSA	COMCAST CORP-CLASS A	2044545	38.27	2,868	109,758.36
0.52	TXN	TEXAS INSTRUMENTS INC	2885409	184.30	593	109,289.90
0.52	QCOM	QUALCOMM INC	2714923	150.21	718	107,850.78
0.51	WFC	WELLS FARGO & CO	2649100	43.76	2,431	106,380.56
0.51	AMD	ADVANCED MICRO DEVICES	2007849	102.31	1,037	106,095.49
0.47	BMY	BRISTOL-MYERS SQUIBB CO	2126335	72.12	1,365	98,443.80
0.47	LIN	LINDE PLC	BZ12WP8	301.97	324	97,838.28
0.47	PM	PHILIP MORRIS IN	B2PKRQ3	97.60	994	97,014.40
0.45	INTC	INTEL CORP	2463247	35.39	2,622	92,792.58
0.44	NKE	NIKE INC -CL B	2640147	113.87	813	92,576.31
0.44	UPS	UNITED PARCEL-B	2517382	196.76	470	92,477.20
0.44	UNP	UNION PACIFIC CORP	2914734	228.62	401	91,676.62
0.43	RTX	RAYTHEON TECHNOL	BM5M5Y3	93.03	952	88,564.56
0.41	CVS	CVS HEALTH CORP	2577609	102.26	840	85,898.40
0.41	INTU	INTUIT INC	2459020	468.99	181	84,887.19
0.41	LOW	LOWE'S COS INC	2536763	199.08	425	84,609.00
0.41	AMGN	AMGEN INC	2023607	246.25	343	84,463.75
0.40	T	AT&T INC	2831811	18.35	4,591	84,244.85
0.40	HON	HONEYWELL INTL	2020459	192.27	437	84,021.99
0.40	SPGI	S&P GLOBAL INC	BYV2325	376.65	221	83,239.57
0.39	AMT	AMERICAN TOWER CORP	B7FBFL2	272.19	297	80,840.43
0.38	MDT	MEDTRONIC PLC	BTN1Y11	93.28	858	80,034.24
0.37	ORCL	ORACLE CORP	2661568	77.35	1,008	77,968.80
0.37	MS	MORGAN STANLEY	2262314	86.13	897	77,258.61
0.37	COP	CONOCOPHILLIPS	2685717	92.85	828	76,879.80
0.37	IBM	IBM	2005973	132.48	575	76,176.00
0.36	GS	GOLDMAN SACHS GROUP INC	2407966	334.67	224	74,966.08
0.35	ELV	ELEVANCE HEALTH INC	BSPHGL4	475.13	155	73,645.15
0.34	PYPL	PAYPAL HOLDINGS INC	BYW36M8	95.32	741	70,632.12
0.32	SCHW	SCHWAB (CHARLES) CORP	2779397	69.31	967	67,022.77
0.32	ADP	AUTOMATIC DATA PROCESSING	2065308	247.20	268	66,249.60
0.31	LMT	LOCKHEED MARTIN CORP	2522096	426.41	153	65,240.73
0.31	NFLX	NETFLIX INC	2857817	226.78	284	64,405.52
0.31	C	CITIGROUP INC	2297907	51.66	1,245	64,316.70
0.30	CAT	CATERPILLAR INC	2180201	185.39	342	63,403.38
0.30	BLK	BLACKROCK INC	2494504	695.93	91	63,329.63
0.30	SBUX	STARBUCKS CORP	2842255	85.73	734	62,925.82
0.30	NOW	SERVICENOW INC	B80NXX8	494.85	127	62,845.95
0.30	PLD	PROLOGIS INC	B44WZD7	131.39	473	62,147.47
0.30	AMAT	APPLIED MATERIALS INC	2046552	109.62	565	61,935.30
0.30	DE	DEERE & CO	2261203	343.31	179	61,452.49
0.30	AXP	AMERICAN EXPRESS CO	2026082	157.51	390	61,428.90
0.29	ADI	ANALOG DEVICES INC	2032067	177.25	336	59,556.00
0.28	BA	BOEING CO/THE	2108601	165.04	356	58,754.24
0.27	CI	CIGNA CORP	BHJ0775	281.77	202	56,917.54
0.27	MDLZ	MONDELEZ INTER-A	B8CKK03	63.77	887	56,563.99
0.27	ISRG	INTUITIVE SURGICAL INC	2871301	240.32	231	55,513.92
0.26	TMUS	T-MOBILE US INC	B94Q9V0	144.56	377	54,499.12
0.26	DUK	DUKE ENERGY CORP	B7VD3F2	109.16	492	53,706.72
0.26	MMM	3M CO	2595708	147.41	364	53,657.24
0.26	MMC	MARSH & MCLENNAN COS	2567741	165.60	323	53,488.80
0.25	GE	GENERAL ELECTRIC CO	BL59CR9	74.36	705	52,423.80
0.25	SO	SOUTHERN CO/THE	2829601	77.27	678	52,389.06
0.25	ZTS	ZOETIS INC	B95WG16	174.61	300	52,383.00
0.25	MO	ALTRIA GROUP INC	2692632	44.10	1,159	51,111.90
0.24	CB	CHUBB LTD	B3BQMF6	185.32	271	50,221.72
0.24	CCI	Crown Castle Inc	BTGQCX1	178.40	277	49,416.80
0.24	GILD	GILEAD SCIENCES INC	2369174	61.09	803	49,055.27
0.24	TGT	TARGET CORP	2259101	166.13	295	49,008.35
0.23	BKNG	BOOKING HOLDINGS INC	BDRXDB4	1,924.97	25	48,124.25
0.23	VRTX	VERTEX PHARM	2931034	288.03	164	47,236.92
0.23	TJX	TJX COMPANIES INC	2989301	62.82	750	47,115.00
0.22	CME	CME GROUP INC	2965839	202.15	231	46,696.65
0.22	LRCX	LAM RESEARCH CORP	2502247	519.97	89	46,277.33
0.22	BDX	BECTON DICKINSON AND CO	2087807	254.23	182	46,269.86
0.22	SYK	STRYKER CORP	2853688	215.79	214	46,179.06
0.22	CSX	CSX CORP	2160753	33.11	1,389	45,989.79
0.22	PNC	PNC FINANCIAL SE	2692665	167.04	273	45,601.92
0.21	MU	MICRON TECHNOLOGY INC	2588184	62.46	715	44,658.90
0.21	NOC	NORTHROP GRUMMAN CORP	2648806	477.59	93	44,415.87
0.21	PGR	PROGRESSIVE CORP	2705024	118.28	374	44,236.72
0.21	REGN	REGENERON PHARMACEUTICALS	2730190	613.61	72	44,179.92
0.21	CL	COLGATE-PALMOLIVE CO	2209106	80.43	546	43,914.78
0.21	D	DOMINION ENERGY INC	2542049	82.57	520	42,936.40
0.21	WM	WASTE MANAGEMENT INC	2937667	168.83	253	42,713.99
0.20	TFC	TRUIST FINANCIAL CORP	BKP7287	50.10	850	42,585.00
0.20	EQIX	EQUINIX INC	BVLZX12	697.51	61	42,548.11
0.20	EW	EDWARDS LIFESCIENCES CORP	2567116	106.12	396	42,023.52
0.20	MRNA	MODERNA INC	BGSXTS3	186.84	220	41,104.80
0.20	USB	US BANCORP	2736035	47.39	866	41,039.74
0.19	EL	ESTEE LAUDER	2320524	270.74	149	40,340.26
0.19	ATVI	ACTIVISION BLIZZARD INC	2575818	80.49	501	40,325.49
0.19	EOG	EOG RESOURCES INC	2318024	107.01	374	40,021.74
0.19	FISV	FISERV INC	2342034	106.08	371	39,355.68
0.19	HUM	HUMANA INC	2445063	484.02	81	39,205.62
0.19	APD	AIR PRODS & CHEM	2011602	262.64	148	38,870.72
0.19	ETN	EATON CORP PLC	B8KQN82	148.65	261	38,797.65
0.19	F	FORD MOTOR CO	2615468	15.30	2,522	38,586.60
0.19	AON	AON PLC-CLASS A	BLP1HW5	287.53	134	38,529.02
0.18	NSC	NORFOLK SOUTHERN CORP	2641894	251.02	153	38,406.06
0.18	ITW	ILLINOIS TOOL WORKS	2457552	210.76	182	38,358.32
0.18	ICE	INTERCONTINENTAL	BFSSDS9	105.02	364	38,227.28
0.18	FIS	FIDELITY NATIONA	2769796	97.37	389	37,876.93
0.18	SHW	SHERWIN-WILLIAMS CO/THE	2804211	237.08	159	37,695.72
0.18	KLAC	KLA CORP	2480138	395.74	95	37,595.30
0.18		CASH		1.00	37,381	37,381.17
0.18	DG	DOLLAR GENERAL CORP	B5B1S13	253.08	147	37,202.76
0.18	BSX	BOSTON SCIENTIFIC CORP	2113434	40.94	908	37,173.52
0.18	SNPS	SYNOPSYS INC	2867719	374.29	98	36,680.42
0.17	FDX	FEDEX CORP	2142784	234.89	153	35,938.17
0.17	GD	GENERAL DYNAMICS CORP	2365161	228.76	154	35,229.04
0.17	CHTR	CHARTER COMMUN-A	BZ6VT82	462.98	75	34,723.50
0.17	CNC	CENTENE CORP	2807061	93.05	373	34,707.65
0.16	EMR	EMERSON ELECTRIC CO	2313405	90.39	379	34,257.81
0.16	CDNS	CADENCE DESIGN SYS INC	2302232	186.55	182	33,952.10
0.16	GM	GENERAL MOTORS CO	B665KZ5	36.06	930	33,535.80
0.16	OXY	OCCIDENTAL PETROLEUM CORP	2655408	59.01	568	33,517.68
0.16	AEP	AMERICAN ELECTRIC POWER	2026242	99.46	329	32,722.34
0.15	PSA	PUBLIC STORAGE	2852533	331.20	97	32,126.40
0.15	SRE	SEMPRA ENERGY	2138158	159.79	200	31,958.00
0.15	MCO	MOODY'S CORP	2252058	311.07	102	31,729.14
0.15	NXPI	NXP SEMICONDUCTORS NV	B505PN7	181.66	174	31,608.84
0.15	MCK	MCKESSON CORP	2378534	346.69	91	31,548.79
0.15	PXD	PIONEER NATURAL	2690830	217.15	145	31,486.75
0.15	SLB	SCHLUMBERGER LTD	2779201	34.66	902	31,263.32
0.15	MPC	MARATHON PETROLEUM CORP	B3K3L40	90.22	346	31,216.12
0.15	APH	AMPHENOL CORP-CL A	2145084	77.54	401	31,093.54
0.15	ADSK	AUTODESK INC	2065159	221.70	140	31,038.00
0.15	HCA	HCA HEALTHCARE INC	B4MGBG6	212.81	145	30,857.45
0.15	ROP	ROPER TECHNOLOGIES INC	2749602	431.92	71	30,666.32
0.15	ADM	ARCHER-DANIELS-MIDLAND CO	2047317	82.76	364	30,124.64
0.14	FCX	FREEPORT-MCMORAN INC	2352118	30.27	969	29,331.63
0.14	GIS	GENERAL MILLS INC	2367026	76.17	384	29,249.28
0.14	ORLY	O'REILLY AUTOMOTIVE INC	B65LWX6	709.01	41	29,069.41
0.14	VLO	VALERO ENERGY CORP	2041364	104.99	273	28,662.27
0.14	LHX	L3HARRIS TECHNOLOGIES INC	BK9DTN5	234.58	122	28,618.76
0.14	MAR	MARRIOTT INTL-A	2210614	157.01	182	28,575.82
0.14	MET	METLIFE INC	2573209	62.80	455	28,574.00
0.14	KMB	KIMBERLY-CLARK CORP	2491839	133.38	214	28,543.32
0.14	EXC	EXELON CORP	2670519	44.77	637	28,518.49
0.14	IQV	IQVIA HOLDINGS INC	BDR73G1	234.74	120	28,168.80
0.14	SYY	SYSCO CORP	2868165	86.25	326	28,117.50
0.13	O	REALTY INCOME CORP	2724193	72.76	383	27,867.08
0.13	ENPH	ENPHASE ENERGY INC	B65SQW4	300.91	91	27,382.81
0.13	TEL	TE CONNECTIVITY LTD	B62B7C3	133.14	205	27,293.70
0.13	CMG	CHIPOTLE MEXICAN	B0X7DZ3	1,600.78	17	27,213.26
0.13	A	AGILENT TECHNOLOGIES INC	2520153	133.61	202	26,989.22
0.13	XEL	XCEL ENERGY INC	2614807	73.80	364	26,863.20
0.13	PSX	PHILLIPS 66	B78C4Y8	83.76	319	26,719.44
0.13	COF	CAPITAL ONE FINA	2654461	106.33	251	26,688.83
0.13	MSI	MOTOROLA SOLUTIONS INC	B5BKPQ4	250.21	106	26,522.26
0.13	ECL	ECOLAB INC	2304227	166.50	159	26,473.50
0.13	PAYX	PAYCHEX INC	2674458	129.55	204	26,428.20
0.13	CTVA	CORTEVA INC	BK73B42	57.90	455	26,344.50
0.13	AZO	AUTOZONE INC	2065955	2,195.19	12	26,342.28
0.13	WMB	WILLIAMS COS INC	2967181	32.22	817	26,323.74
0.13	AIG	AMERICAN INTERNA	2027342	51.83	506	26,225.98
0.13	MCHP	MICROCHIP TECHNOLOGY INC	2592174	71.46	364	26,011.44
0.12	TRV	TRAVELERS COS INC/THE	2769503	158.96	161	25,592.56
0.12	PH	PARKER HANNIFIN CORP	2671501	292.82	86	25,182.52
0.12	STZ	CONSTELLATION-A	2170473	244.36	103	25,169.08
0.12	JCI	JOHNSON CONTROLS	BY7QL61	55.10	455	25,070.50
0.12	DLTR	DOLLAR TREE INC	2272476	164.97	151	24,910.47
0.12	MSCI	MSCI INC	B2972D2	496.18	50	24,809.00
0.12	TT	TRANE TECHNOLOGIES PLC	BK9ZQ96	154.34	157	24,231.38
0.12	EA	ELECTRONIC ARTS INC	2310194	132.56	182	24,125.92
0.11	SBAC	SBA COMMUNICATIONS CORP	BZ6TS23	345.40	69	23,832.60
0.11	HLT	HILTON WORLDWIDE	BYVMW06	130.32	182	23,718.24
0.11	DLR	DIGITAL REALTY TRUST INC	B03GQS4	129.47	182	23,563.54
0.11	AJG	ARTHUR J GALLAGHER & CO	2359506	178.51	132	23,563.32
0.11	DOW	DOW INC	BHXCF84	51.49	455	23,427.95
0.11	WELL	WELLTOWER INC	BYVYHH4	80.68	289	23,316.52
0.11	CTAS	CINTAS CORP	2197137	423.61	55	23,298.55
0.11	GPN	GLOBAL PAYMENTS INC	2712013	128.00	182	23,296.00
0.11	NUE	NUCOR CORP	2651086	136.64	170	23,228.80
0.11	PRU	PRUDENTIAL FINANCIAL INC	2819118	96.51	240	23,162.40
0.11	CARR	CARRIER GLOBAL CORP	BK4N0D7	41.88	548	22,950.24
0.11	CTSH	COGNIZANT TECH-A	2257019	68.72	333	22,883.76
0.11	MNST	MONSTER BEVERAGE CORP	BZ07BW4	91.38	249	22,753.62
0.11	FTNT	FORTINET INC	B5B2106	53.39	426	22,744.14
0.11	NEM	NEWMONT CORP	2636607	44.77	508	22,743.16
0.11	HPQ	HP INC	BYX4D52	33.58	670	22,498.60
0.11	ILMN	ILLUMINA INC	2613990	223.77	100	22,377.00
0.11	VICI	VICI PROPERTIES INC	BYWH073	34.45	646	22,254.70
0.11	SPG	SIMON PROPERTY GROUP INC	2812452	106.50	208	22,152.00
0.11	DVN	DEVON ENERGY CORP	2480677	56.65	390	22,093.50
0.11	ED	CONSOLIDATED EDISON INC	2216850	97.19	227	22,062.13
0.11	IDXX	IDEXX LABORATORIES INC	2459202	407.78	54	22,020.12
0.11	RMD	RESMED INC	2732903	241.80	91	22,003.80
0.11	WEC	WEC ENERGY GROUP INC	BYY8XK8	103.12	212	21,861.44
0.10	PEG	PUB SERV ENTERP	2707677	64.74	335	21,687.90
0.10	OTIS	OTIS WORLDWIDE CORP	BK531S8	79.32	273	21,654.36
0.10	AFL	AFLAC INC	2026361	59.43	364	21,632.52
0.10	WBD	WARNER BROS DISCOVERY INC	BM8JYX3	14.59	1,482	21,622.38
0.10	YUM	YUM! BRANDS INC	2098876	118.42	182	21,552.44
0.10	IFF	INTL FLAVORS & FRAGRANCES	2464165	126.74	170	21,545.80
0.10	ALL	ALLSTATE CORP	2019952	117.00	182	21,294.00
0.10	DXCM	DEXCOM INC	B0796X4	89.09	237	21,114.33
0.10	VRSK	VERISK ANALYTICS INC	B4P9W92	198.38	106	21,028.28
0.10	KMI	KINDER MORGAN INC	B3NQ4P8	17.47	1,203	21,016.41
0.10	HSY	HERSHEY CO/THE	2422806	227.11	91	20,667.01
0.10	BK	BANK NY MELLON	B1Z77F6	43.50	475	20,662.50
0.10	TDG	TRANSDIGM GROUP INC	B11FJK3	638.30	32	20,425.60
0.10	KEYS	KEYSIGHT TECHNOLOGIES IN	BQZJ0Q9	167.26	122	20,405.72
0.10	TWTR	TWITTER INC	BFLR866	42.52	472	20,069.44
0.10	PCAR	PACCAR INC	2665861	91.13	220	20,048.60
0.10	CMI	CUMMINS INC	2240202	220.02	91	20,021.82
0.10	BIIB	BIOGEN INC	2455965	218.20	91	19,856.20
0.10	MTB	M & T BANK CORP	2340168	178.77	111	19,843.47
0.10	KR	KROGER CO	2497406	47.25	419	19,797.75
0.10	ON	ON SEMICONDUCTOR	2583576	67.63	292	19,747.96
0.10	ES	EVERSOURCE ENERGY	BVVN4Q8	90.38	218	19,702.84
0.09	FAST	FASTENAL CO	2332262	52.95	364	19,273.80
0.09	PPG	PPG INDUSTRIES INC	2698470	127.36	151	19,231.36
0.09	KDP	KEURIG DR PEPPER INC	BD3W133	38.72	495	19,166.40
0.09	DD	DUPONT DE NEMOURS INC	BK0VN47	58.88	325	19,136.00
0.09	ANET	ARISTA NETWORKS INC	BN33VM5	126.68	151	19,128.68
0.09	MTD	METTLER-TOLEDO	2126249	1,347.72	14	18,868.08
0.09	BAX	BAXTER INTERNATIONAL INC	2085102	58.59	322	18,865.98
0.09	HES	HESS CORP	2023748	102.89	182	18,725.98
0.09	ROST	ROSS STORES INC	2746711	84.23	222	18,699.06
0.09	AME	AMETEK INC	2089212	126.25	148	18,685.00
0.09	ROK	ROCKWELL AUTOMATION INC	2754060	252.24	74	18,665.76
0.09	AVB	AVALONBAY COMMUNITIES INC	2131179	204.91	91	18,646.81
0.09	DFS	DISCOVER FINANCI	B1YLC43	102.35	182	18,627.70
0.09	RSG	REPUBLIC SERVICES INC	2262530	141.90	131	18,588.90
0.09	FRC	FIRST REPUBLIC BANK/CA	B4WHY15	163.96	113	18,527.48
0.09	CPRT	COPART INC	2208073	129.22	143	18,478.46
0.09	TROW	T ROWE PRICE GROUP INC	2702337	125.04	146	18,255.84
0.09	EBAY	EBAY INC	2293819	47.28	385	18,202.80
0.09	EIX	EDISON INTERNATIONAL	2829515	68.26	263	17,952.38
0.09	EXR	EXTRA SPACE STORAGE INC	B02HWR9	197.22	91	17,947.02
0.09	APTV	APTIV PLC	B783TY6	98.41	182	17,910.62
0.09	ODFL	OLD DOMINION FREIGHT LINE	2656423	303.17	59	17,887.03
0.09	ALB	ALBEMARLE CORP	2046853	237.99	75	17,849.25
0.09	EFX	EQUIFAX INC	2319146	212.45	84	17,845.80
0.09	AWK	AMERICAN WATER W	B2R3PV1	154.99	115	17,823.28
0.09	AMP	AMERIPRISE FINANCIAL INC	B0J7D57	269.06	66	17,757.96
0.09	WBA	WALGREENS BOOTS	BTN1Y44	38.99	455	17,740.45
0.08	STT	STATE STREET CORP	2842040	70.66	246	17,382.36
0.08	CBRE	CBRE GROUP INC - A	B6WVMH3	83.97	207	17,381.79
0.08	KHC	KRAFT HEINZ CO/THE	BYRY499	37.57	445	16,718.65
0.08	DHI	DR HORTON INC	2250687	76.35	215	16,415.25
0.08	CDW	CDW CORP/DE	BBM5MD6	179.69	91	16,351.79
0.08	DRE	DUKE REALTY CORP	2284084	62.12	263	16,337.56
0.08	EQR	EQUITY RESIDENTIAL	2319157	75.22	216	16,247.52
0.08	GLW	CORNING INC	2224701	35.80	451	16,145.80
0.08	WST	WEST PHARMACEUT	2950482	341.70	47	16,059.90
0.08	OKE	ONEOK INC	2130109	58.55	273	15,984.15
0.08	WY	WEYERHAEUSER CO	2958936	35.12	455	15,979.60
0.08	TSN	TYSON FOODS INC-CL A	2909730	87.45	182	15,915.90
0.08	FITB	FIFTH THIRD BANCORP	2336747	34.67	455	15,774.85
0.08	DTE	DTE ENERGY COMPANY	2280220	129.10	122	15,750.20
0.08	FTV	FORTIVE CORP	BYT3MK1	65.27	240	15,664.80
0.08	VMC	VULCAN MATERIALS CO	2931205	172.02	91	15,653.82
0.07	ZBH	ZIMMER BIOMET HO	2783815	113.26	137	15,516.62
0.07	CEG	CONSTELLATION ENERGY	BMH4FS1	74.30	208	15,454.41
0.07	IT	GARTNER INC	2372763	295.44	52	15,362.88
0.07	URI	UNITED RENTALS INC	2134781	323.43	47	15,201.21
0.07	ETR	ENTERGY CORP	2317087	117.74	128	15,070.72
0.07	HAL	HALLIBURTON CO	2405302	27.79	542	15,062.18
0.07	BKR	BAKER HUGHES CO	BDHLTQ5	23.88	628	14,996.64
0.07	AEE	AMEREN CORPORATION	2050832	91.30	164	14,973.20
0.07	EPAM	EPAM SYSTEMS INC	B44Z3T8	427.39	35	14,958.65
0.07	MLM	MARTIN MARIETTA MATERIALS	2572079	355.93	42	14,949.06
0.07	SIVB	SVB FINANCIAL GROUP	2808053	413.21	36	14,875.56
0.07	ANSS	ANSYS INC	2045623	285.48	52	14,844.96
0.07	WTW	WILLIS TOWERS WATSON PLC	BDB6Q21	208.81	71	14,825.51
0.07	CTRA	COTERRA ENERGY INC	2162340	27.93	527	14,719.11
0.07	ARE	ALEXANDRIA REAL	2009210	159.78	91	14,539.98
0.07	GWW	WW GRAINGER INC	2380863	556.02	26	14,456.52
0.07	ALGN	ALIGN TECHNOLOGY INC	2679204	293.89	49	14,400.61
0.07	MPWR	MONOLITHIC POWER	B01Z7J1	532.33	27	14,372.91
0.07	HIG	HARTFORD FINL SV	2476193	64.16	221	14,179.36
0.07	LUV	SOUTHWEST AIRLINES CO	2831543	38.81	364	14,126.84
0.07	LYB	LYONDELLBASELL INDU-CL A	B3SPXZ3	85.61	165	14,125.65
0.07	MKC	MCCORMICK-N/V	2550161	88.33	159	14,044.47
0.07	LH	LABORATORY CP	2586122	254.67	55	14,006.85
0.07	FE	FIRSTENERGY CORP	2100920	38.37	364	13,966.68
0.07	LEN	LENNAR CORP-A	2511920	84.73	164	13,895.72
0.07	BR	BROADRIDGE FINL	B1VP7R6	167.85	82	13,763.70
0.07	GPC	GENUINE PARTS CO	2367480	150.98	91	13,739.18
0.07	TSCO	TRACTOR SUPPLY COMPANY	2900335	189.36	72	13,633.92
0.07	IR	INGERSOLL-RAND INC	BL5GZ82	49.79	273	13,592.67
0.07	NTRS	NORTHERN TRUST CORP	2648668	99.86	136	13,580.96
0.07	CHD	CHURCH & DWIGHT CO INC	2195841	87.00	155	13,485.00
0.06	RJF	RAYMOND JAMES	2718992	102.30	131	13,401.30
0.06	CTLT	CATALENT INC	BP96PQ4	110.56	121	13,377.76
0.06	NDAQ	NASDAQ INC	2965107	182.07	73	13,291.11
0.06	MAA	MID-AMERICA APAR	2589132	179.54	74	13,285.96
0.06	ULTA	ULTA BEAUTY INC	B28TS42	377.80	35	13,223.00
0.06	CF	CF INDUSTRIES HO	B0G4K50	100.05	130	13,006.50
0.06	VTR	VENTAS INC	2927925	48.95	263	12,873.85
0.06	ABC	AMERISOURCEBERGEN CORP	2795393	141.31	91	12,859.21
0.06	PPL	PPL CORP	2680905	28.07	455	12,771.85
0.06	FANG	DIAMONDBACK ENERGY INC	B7Y8YR3	121.37	105	12,743.85
0.06	TTWO	TAKE-TWO INTERAC	2122117	127.16	100	12,716.00
0.06	DAL	DELTA AIR LINES INC	B1W9D46	32.94	384	12,648.96
0.06	WAT	WATERS CORP	2937689	337.87	37	12,501.19
0.06	PWR	QUANTA SERVICES INC	2150204	136.91	91	12,458.81
0.06	PKI	PERKINELMER INC	2305844	153.72	81	12,451.32
0.06	MTCH	MATCH GROUP INC	BK80XH9	67.78	182	12,335.96
0.06	CMS	CMS ENERGY CORP	2219224	67.61	182	12,305.02
0.06	STE	STERIS PLC	BFY8C75	211.98	58	12,294.84
0.06	MOS	MOSAIC CO/THE	B3NPHP6	52.22	235	12,271.70
0.06	FLT	FLEETCOR TECHNOLOGIES INC	B4R28B3	226.63	54	12,238.02
0.06	PAYC	PAYCOM SOFTWARE INC	BL95MY0	370.01	33	12,210.33
0.06	DOV	DOVER CORP	2278407	134.03	91	12,196.73
0.06	HBAN	HUNTINGTON BANCSHARES INC	2445966	13.45	906	12,185.70
0.06	BALL	BALL CORP	2073022	56.36	215	12,117.40
0.06	RF	REGIONS FINANCIAL CORP	B01R311	21.35	566	12,084.10
0.06	K	KELLOGG CO	2486813	75.04	161	12,081.44
0.06	SEDG	SOLAREDGE TECHNO	BWC52Q6	315.50	38	11,989.00
0.06	ZBRA	ZEBRA TECH CORP	2989356	331.70	36	11,941.20
0.06	XYL	XYLEM INC	B3P2CN8	97.22	121	11,763.62
0.06	HPE	HEWLETT PACKA	BYVYWS0	14.36	815	11,703.40
0.06	EXPD	EXPEDITORS INTL WASH INC	2325507	103.53	113	11,698.89
0.06	J	JACOBS ENGIN GRP	2469052	127.50	91	11,602.50
0.06	TDY	TELEDYNE TECHNOLOGIES INC	2503477	398.99	29	11,570.71
0.06	AMCR	AMCOR PLC	BJ1F307	12.27	930	11,411.10
0.06	CNP	CENTERPOINT ENERGY INC	2440637	31.47	361	11,360.67
0.05	HOLX	HOLOGIC INC	2433530	71.40	158	11,281.20
0.05	CAH	CARDINAL HEALTH INC	2175672	61.51	182	11,194.82
0.05	ESS	ESSEX PROPERTY TRUST INC	2316619	278.75	40	11,150.00
0.05	VRSN	VERISIGN INC	2142922	198.70	56	11,127.20
0.05	MOH	MOLINA HEALTHCARE INC	2212706	324.91	34	11,046.94
0.05	FDS	FACTSET RESEARCH	2329770	423.31	26	11,006.06
0.05	COO	COOPER COS INC/THE	2222631	330.91	33	10,920.03
0.05	WAB	WABTEC CORP	2955733	95.12	114	10,843.68
0.05	CLX	CLOROX COMPANY	2204026	138.99	78	10,841.22
0.05	SYF	SYNCHRONY FINANCIAL	BP96PS6	33.90	318	10,780.20
0.05	STX	SEAGATE TECHNOLO	BKVD2N4	80.95	133	10,766.35
0.05	TRMB	TRIMBLE INC	2903958	68.10	158	10,759.80
0.05	GNRC	GENERAC HOLDINGS INC	B6197Q2	248.13	43	10,669.59
0.05	AES	AES CORP	2002479	24.22	437	10,584.14
0.05	DGX	QUEST DIAGNOSTICS INC	2702791	139.38	75	10,453.50
0.05	ATO	ATMOS ENERGY CORP	2315359	113.89	91	10,363.99
0.05	MRO	MARATHON OIL CORP	2910970	21.77	476	10,362.52
0.05	TECH	BIO-TECHNE CORP	BSHZ3Q0	382.97	27	10,340.19
0.05	BBY	BEST BUY CO INC	2094670	76.38	135	10,311.30
0.05	SWKS	SKYWORKS SOLUTIONS INC	2961053	112.66	91	10,252.06
0.05	KEY	KEYCORP	2490911	18.06	566	10,221.96
0.05	PFG	PRINCIPAL FINANCIAL GROUP	2803014	68.22	149	10,164.78
0.05	JKHY	JACK HENRY	2469193	211.07	48	10,131.36
0.05	HWM	HOWMET AEROSPACE INC	BKLJ8V2	37.06	273	10,117.38
0.05	POOL	POOL CORP	2781585	373.64	27	10,088.28
0.05	TYL	TYLER TECHNOLOGIES INC	2909644	418.92	24	10,054.08
0.05	CFG	CITIZENS FINANCIAL GROUP	BQRX1X3	37.21	270	10,046.70
0.05	LKQ	LKQ CORP	2971029	55.08	182	10,024.56
0.05	CHRW	CH ROBINSON	2116228	109.74	91	9,986.34
0.05	EVRG	EVERGY INC	BFMXGR0	67.83	146	9,903.18
0.05	IP	INTERNATIONAL PAPER CO	2465254	41.79	235	9,820.65
0.05	DRI	DARDEN RESTAURANTS INC	2289874	123.58	79	9,762.82
0.05	LNT	ALLIANT ENERGY CORP	2973821	61.28	159	9,743.52
0.05	SJM	JM SMUCKER CO/THE	2951452	133.08	73	9,714.84
0.05	FMC	FMC CORP	2328603	106.33	91	9,676.03
0.05	PEAK	HEALTHPEAK PROPERTIES INC	BJBLRK3	26.51	364	9,649.64
0.05	BRO	BROWN & BROWN INC	2692687	64.90	148	9,605.20
0.05	IRM	IRON MOUNTAIN INC	BVFTF03	52.30	182	9,518.60
0.05	EXPE	EXPEDIA GROUP INC	B748CK2	102.52	91	9,329.32
0.05	CTXS	CITRIX SYSTEMS INC	2182553	102.50	91	9,327.50
0.05	DPZ	DOMINO'S PIZZA INC	B01SD70	387.93	24	9,310.32
0.05	ETSY	ETSY INC	BWTN5N1	109.38	85	9,297.30
0.05	BF/B	BROWN-FORMAN CORP-CLASS B	2146838	75.54	123	9,291.42
0.04	CAG	CONAGRA BRANDS INC	2215460	34.43	269	9,261.67
0.04	TER	TERADYNE INC	2884183	100.75	91	9,168.25
0.04	INCY	INCYTE CORP	2471950	72.16	127	9,164.32
0.04	CBOE	CBOE GLOBAL MARKETS INC	B5834C5	120.48	76	9,156.48
0.04	LDOS	LEIDOS HOLDINGS INC	BDV82B8	100.55	91	9,150.05
0.04	NTAP	NETAPP INC	2630643	72.37	126	9,118.62
0.04	IEX	IDEX CORP	2456612	211.93	43	9,112.99
0.04	ABMD	ABIOMED INC	2003698	291.50	31	9,036.50
0.04	KMX	CARMAX INC	2983563	99.17	91	9,024.47
0.04	CPT	CAMDEN PROPERTY TRUST	2166320	137.28	65	8,923.20
0.04	HRL	HORMEL FOODS CORP	2437264	48.91	182	8,901.62
0.04	AVY	AVERY DENNISON CORP	2066408	193.29	46	8,891.34
0.04	GRMN	GARMIN LTD	B3Z5T14	97.60	91	8,881.60
0.04	CINF	CINCINNATI FINANCIAL CORP	2196888	97.26	91	8,850.66
0.04	PARA	PARAMOUNT GLOBAL-CLASS B	BKTNTR9	24.26	364	8,830.64
0.04	JBHT	HUNT (JB) TRANS	2445416	183.60	48	8,812.80
0.04	NLOK	NORTONLIFELOCK INC	BJN4XN5	24.21	364	8,812.44
0.04	LYV	LIVE NATION ENTE	B0T7YX2	96.76	91	8,805.16
0.04	AKAM	AKAMAI TECHNOLOGIES INC	2507457	96.28	91	8,761.48
0.04	SWK	STANLEY BLACK &	B3Q2FJ4	95.97	91	8,733.27
0.04	NVR	NVR INC	2637785	4,359.73	2	8,719.46
0.04	EMN	EASTMAN CHEMICAL CO	2298386	95.13	91	8,656.83
0.04	QRVO	QORVO INC	BR9YYP4	106.09	81	8,593.29
0.04	WDC	WESTERN DIGITAL CORP	2954699	47.09	182	8,570.38
0.04	UDR	UDR INC	2727910	46.76	182	8,510.32
0.04	VFC	VF CORP	2928683	45.67	182	8,311.94
0.04	HST	HOST HOTELS & RESORTS INC	2567503	17.97	455	8,176.35
0.04	PKG	PACKAGING CORP OF AMERICA	2504566	135.22	60	8,113.20
0.04	WRB	WR BERKLEY CORP	2093644	61.83	131	8,099.73
0.04	PTC	PTC INC	B95N910	120.30	67	8,060.10
0.04	SBNY	SIGNATURE BANK	B00JQL9	187.28	43	8,053.04
0.04	NI	NISOURCE INC	2645409	29.47	273	8,045.31
0.04	SNA	SNAP-ON INC	2818740	223.00	36	8,028.00
0.04	TFX	TELEFLEX INC	2881407	250.57	32	8,018.24
0.04	TXT	TEXTRON INC	2885937	64.40	124	7,985.60
0.04	IPG	INTERPUBLIC GRP	2466321	29.02	273	7,922.46
0.04	BXP	BOSTON PROPERTIES INC	2019479	86.59	91	7,879.69
0.04	MAS	MASCO CORP	2570200	52.72	149	7,855.28
0.04	KIM	KIMCO REALTY CORP	2491594	21.41	360	7,707.60
0.04	CE	CELANESE CORP	B05MZT4	110.85	69	7,648.65
0.04	MGM	MGM RESORTS INTERNATIONAL	2547419	34.71	219	7,601.49
0.04	OMC	OMNICOM GROUP	2279303	69.08	108	7,460.64
0.04	LW	LAMB WESTON HOLDINGS INC	BDQZFJ3	81.26	91	7,394.66
0.04	WRK	WESTROCK CO	BYR0914	40.19	182	7,314.58
0.04	VTRS	VIATRIS INC	BMWS3X9	9.73	748	7,278.04
0.04		SPX US 08/19/22 P3660		142.50	51	7,267.50
0.04	L	LOEWS CORP	2523022	55.12	131	7,220.72
0.03	CMA	COMERICA INC	2212870	78.19	91	7,115.29
0.03	HAS	HASBRO INC	2414580	77.91	91	7,089.81
0.03	RCL	ROYAL CARIBBEAN	2754907	39.67	178	7,061.26
0.03	BIO	BIO-RAD LABORATORIES-A	2098508	539.65	13	7,015.45
0.03	NRG	NRG ENERGY INC	2212922	38.46	182	6,999.72
0.03	RE	EVEREST RE GROUP LTD	2556868	255.66	27	6,902.82
0.03	BWA	BORGWARNER INC	2111955	37.87	182	6,892.34
0.03	UAL	UNITED AIRLINES	B4QG225	37.82	182	6,883.24
0.03	MKTX	MARKETAXESS HOLDINGS INC	B03Q9D0	264.23	26	6,869.98
0.03	HSIC	HENRY SCHEIN INC	2416962	75.38	91	6,859.58
0.03	APA	APA CORP	BNNF1C1	31.75	216	6,858.00
0.03	LVS	LAS VEGAS SANDS CORP	B02T2J7	38.37	178	6,829.86
0.03	BBWI	BATH & BODY WORKS INC	BNNTGJ5	37.36	182	6,799.52
0.03	CPB	CAMPBELL SOUP CO	2162845	49.42	136	6,721.12
0.03	NDSN	NORDSON CORP	2641838	231.55	28	6,483.40
0.03	ROL	ROLLINS INC	2747305	37.60	172	6,467.20
0.03	PHM	PULTEGROUP INC	2708841	42.38	149	6,314.62
0.03	LUMN	LUMEN TECHNOLOGIES INC	BMDH249	10.68	589	6,290.52
0.03	TPR	TAPESTRY INC	BF09HX3	34.08	182	6,202.56
0.03	HII	HUNTINGTON INGAL	B40SSC9	227.58	27	6,144.66
0.03	FBHS	FORTUNE BRANDS H	B3MC7D6	67.24	91	6,118.84
0.03	FOXA	FOX CORP - CLASS A	BJJMGL2	33.33	182	6,066.06
0.03	GL	GLOBE LIFE INC	BK6YKG1	97.88	61	5,970.68
0.03	CDAY	CERIDIAN HCM HOLDING INC	BFX1V56	65.04	91	5,918.64
0.03	AAP	ADVANCE AUTO PARTS INC	2822019	193.42	30	5,802.60
0.03	OGN	ORGANON & CO	BLDC8J4	31.50	182	5,733.00
0.03	WHR	WHIRLPOOL CORP	2960384	168.46	34	5,727.64
0.03	ALLE	ALLEGION PLC	BFRT3W7	102.22	56	5,724.32
0.03	REG	REGENCY CENTERS CORP	2726177	62.84	91	5,718.44
0.03	AAL	AMERICAN AIRLINE	BCV7KT2	14.74	384	5,660.16
0.03	CRL	CHARLES RIVER LA	2604336	223.38	25	5,584.50
0.03	AOS	SMITH (A.O.) CORP	2816023	60.60	91	5,514.60
0.03	RHI	ROBERT HALF INTL INC	2110703	78.86	69	5,441.34
0.03	PNW	PINNACLE WEST CAPITAL	2048804	75.42	71	5,354.82
0.03	NWL	NEWELL BRANDS INC	2635701	19.92	263	5,238.96
0.02	JNPR	JUNIPER NETWORKS INC	2431846	28.04	182	5,103.28
0.02	UHS	UNIVERSAL HLTH-B	2923785	110.35	46	5,076.10
0.02	BEN	FRANKLIN RESOURCES INC	2350684	27.65	182	5,032.30
0.02	FFIV	F5 INC	2427599	172.38	29	4,999.02
0.02	TAP	MOLSON COORS-B	B067BM3	54.07	91	4,920.37
0.02	ZION	ZIONS BANCORP NA	2989828	54.00	91	4,914.00
0.02	FRT	FEDERAL REALTY INVS TRUST	BN7P9B2	105.75	46	4,864.50
0.02	CZR	CAESARS ENTERTAINMENT INC	BMWWGB0	47.67	100	4,767.00
0.02	CCL	CARNIVAL CORP	2523044	9.82	475	4,664.50
0.02	NLSN	NIELSEN HOLDINGS PLC	BWFY550	23.04	202	4,654.08
0.02	DXC	DXC TECHNOLOGY CO	BYXD7B3	25.54	182	4,648.28
0.02	NWSA	NEWS CORP - CLASS A	BBGVT40	17.01	273	4,643.73
0.02	PNR	PENTAIR PLC	BLS09M3	49.10	91	4,468.10
0.02	SEE	SEALED AIR CORP	2232793	55.47	79	4,382.13
0.02	WYNN	WYNN RESORTS LTD	2963811	66.71	65	4,336.15
0.02	ALK	ALASKA AIR GROUP INC	2012605	46.55	91	4,236.05
0.02	LNC	LINCOLN NATIONAL CORP	2516378	45.94	91	4,180.54
0.02	XRAY	DENTSPLY SIRONA INC	BYNPPC6	36.84	111	4,089.24
0.02	AIZ	ASSURANT INC	2331430	155.29	25	3,882.25
0.02	DISH	DISH NETWORK CORP-A	2303581	19.20	182	3,494.40
0.02	NCLH	NORWEGIAN CRUISE	B9CGTC3	13.21	255	3,368.55
0.02	IVZ	INVESCO LTD	B28XP76	17.92	182	3,261.44
0.02	PENN	PENN NATIONAL GAMING INC	2682105	34.15	91	3,107.65
0.02	RL	RALPH LAUREN CORP	B4V9661	100.22	31	3,106.82
0.01	PVH	PVH CORP	B3V9F12	64.38	46	2,961.48
0.01	FOX	FOX CORP - CLASS B	BJJMGY5	31.00	91	2,821.00
0.01	MHK	MOHAWK INDUSTRIES INC	2598699	119.97	23	2,759.31
0.01	VNO	VORNADO REALTY TRUST	2933632	27.66	91	2,517.06
0.01	DVA	DAVITA INC	2898087	85.68	24	2,056.32
0.01	NWS	NEWS CORP - CLASS B	BBGVT51	17.19	91	1,564.29
0.00		XSP US 08/19/22 P366		15.50	30	465.00
-0.43		XSP US 08/19/22 C385		2,993.50	-30	-89,805.00
-7.29		SPX US 08/19/22 C3850		29,800.00	-51	-1,519,800.00

Holdings are subject to change.

ETF Characteristics As of 08/05/22

Return on Equity	20.10%
Weighted Avg. Market Cap	626,975 M
	2021	2022
Price-to-earnings	20.16	18.36
Price-to-book value	3.98	3.45

Source: AltaVista Research, LLC

ETF Research

The Case for Risk Managed Income ETFs

Global X Income Outlook

Latest Premium / Discount As of 08/05/22

NAV	$22.90
Market Price	$22.93
Premium / (Discount)	$0.02

Current View 2022 Q3 As of 08/05/22

Days at Premium	20
Days at NAV	0
Days at Discount	5
Greatest Premium	0.46%
Greatest Discount	-0.08%

Daily Premium / Discount History As of 08/05/22

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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 XRMI to loss due to adverse occurrences that may affect that industry or sector. Investors in XRMI should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

XRMI 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 collar strategy involves holding shares of the underlying stock while simultaneously buying put options and selling call options against that holding. XRMI writes covered call index options on the and purchases put options on S&P 500 Index. 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. By purchasing put options, in return for the payment of premiums, the Fund may be protected from a significant decline in the price of the S&P 500 Index if the put options become in the money (S&P 500 closes below the strike price as of the expiration date); but during periods where the S&P 500 Index appreciates, the Fund will underperform due to the cost of the premiums paid. 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.

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 S&P or Cboe, nor do these entities 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 these entities.