XTR

S&P 500 Tail Risk ETF

Morningstar Rating™ - Overall rating out of 151 Equity Hedged funds, based on risk-adjusted returns as of 11/30/2024

Reasons to Consider XTR

Growth Potential

XTR offers uncapped exposure to the growth potential¹ of the stocks in the S&P 500 Index.

Manage Downside Risk

By buying protective puts, XTR seeks to mitigate significant selloffs of greater than approximately -10% from the purchase of the put to the options’ expiration in three months.

Efficient Options Execution

XTR buys put options on the S&P 500, saving investors the time and potential expense of doing so individually.

¹XTR’s growth potential will decrease by the cost of the premiums paid

Key Information As of 12/11/24

Inception Date	08/25/21
Total Expense Ratio	0.25%
Net Assets	$2.73 million
NAV	$34.12
Fact Sheet	View the document

ETF Summary

The Global X S&P 500 Tail Risk ETF (XTR) employs a protective put strategy for investors seeking to buffer against market selloffs. XTR seeks to achieve this outcome by owning the stocks in the S&P 500 Index, coupled with buying 10% out-of-the-money put options² on the S&P 500 Index.

ETF Objective

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

Trading Details As of 12/10/24

Ticker	XTR
Bloomberg Index Ticker	PPUT3M
CUSIP	37960A107
ISIN	US37960A1079
Primary Exchange	NYSE Arca
Shares Outstanding	80,000
Number of Holdings	504
30-Day Median Bid-Ask Spread	0.36%

Distributions As of 12/11/24

30-Day SEC Yield	1.02%
Distribution Frequency	Semi-Annually

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 (learn more)

ETF Prices As of 12/11/24

NAV	$34.12	Daily Change	$0.27	0.80%
Market Price	$34.07	Daily Change	$0.29	0.86%

As of recent (09/30/24) As of recent (09/30/24)	Fund NAV	Market Price	Index
1 Year	32.62%	32.43%	32.97%
3 Years	8.97%	8.90%	9.88%
Since Inception	7.41%	7.34%	7.98%
1 Year	30.71%	30.74%	31.12%
3 Years	8.93%	8.82%	9.50%
Since Inception	8.39%	8.37%	8.96%
Year-to-Date	20.19%	20.05%	20.40%
1 Month	1.95%	1.92%	1.97%
3 Months	5.32%	5.20%	5.40%
Since Inception	24.80%	24.57%	26.87%
Year-to-Date	25.30%	25.32%	25.61%
1 Month	5.19%	5.23%	5.29%
3 Months	6.29%	6.39%	6.38%
Since Inception	30.11%	30.04%	32.36%

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.

S&P 500 Price

6,034.91

S&P 500 Mini Price

603.49

Downside Floor Details

Option Positions	Notional Exposure	Strike	Downside Before Floor	Expiration Date	Calendar Days to Expiry
Long S&P 500 Mini Put Option	$241,396	510	-15.49%	12/20/2024	10
Long S&P 500 Put Option	$2,413,964	5120	-15.16%	12/20/2024	10

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
7.27	AAPL	APPLE INC	2046251	246.49	805	198,424.45
6.65	NVDA	NVIDIA CORP	2379504	139.31	1,303	181,520.93
6.48	MSFT	MICROSOFT CORP	2588173	448.99	394	176,902.06
4.18	AMZN	AMAZON.COM INC	2000019	230.26	495	113,978.70
2.69	META	META PLATFORMS INC	B7TL820	632.68	116	73,390.88
2.29	TSLA	TESLA INC	B616C79	424.77	147	62,441.19
2.22	GOOGL	ALPHABET INC-CL A	BYVY8G0	195.40	310	60,574.00
1.83	GOOG	ALPHABET INC-CL C	BYY88Y7	196.71	254	49,964.34
1.65	AVGO	BROADCOM INC	BDZ78H9	183.20	246	45,067.20
1.64	BRK/B	BERKSHIRE HATH-B	2073390	461.39	97	44,754.83
1.35	JPM	JPMORGAN CHASE & CO	2190385	243.53	151	36,773.03
1.23	LLY	ELI LILLY & CO	2516152	796.03	42	33,433.26
1.01	V	VISA INC-CLASS A SHARES	B2PZN04	313.79	88	27,613.52
0.96	XOM	EXXON MOBIL CORP	2326618	111.92	235	26,301.20
0.96	UNH	UNITEDHEALTH GROUP INC	2917766	533.53	49	26,142.97
0.86	MA	MASTERCARD INC - A	B121557	534.45	44	23,515.80
0.84	COST	COSTCO WHOLESALE CORP	2701271	994.69	23	22,877.87
0.82	HD	HOME DEPOT INC	2434209	421.38	53	22,333.14
0.80	WMT	WALMART INC	2936921	94.96	229	21,745.84
0.79	NFLX	NETFLIX INC	2857817	936.56	23	21,540.88
0.78	PG	PROCTER & GAMBLE CO/THE	2704407	170.63	125	21,328.75
0.69	JNJ	JOHNSON & JOHNSON	2475833	146.64	128	18,769.92
0.66	CRM	SALESFORCE INC	2310525	354.85	51	18,097.35
0.60	BAC	BANK OF AMERICA CORP	2295677	46.08	357	16,450.56
0.59	ABBV	ABBVIE INC	B92SR70	174.37	93	16,216.41
0.56	ORCL	ORACLE CORP	2661568	178.58	85	15,179.30
0.52	CVX	CHEVRON CORP	2838555	156.21	90	14,058.90
0.49	MRK	MERCK & CO. INC.	2778844	99.75	134	13,366.50
0.48	ADBE	ADOBE INC	2008154	549.93	24	13,198.32
0.47	WFC	WELLS FARGO & CO	2649100	71.60	180	12,888.00
0.47	KO	COCA-COLA CO/THE	2206657	62.64	205	12,841.20
0.46	NOW	SERVICENOW INC	B80NXX8	1,147.18	11	12,618.98
0.46	CSCO	CISCO SYSTEMS INC	2198163	58.59	213	12,479.67
0.45	ACN	ACCENTURE PLC-CL A	B4BNMY3	363.84	34	12,370.56
0.42	MCD	MCDONALD'S CORP	2550707	296.10	39	11,547.90
0.42	IBM	IBM	2005973	230.12	50	11,506.00
0.42	LIN	LINDE PLC	BNZHB81	440.53	26	11,453.78
0.42	PEP	PEPSICO INC	2681511	156.77	73	11,444.21
0.42	AMD	ADVANCED MICRO DEVICES	2007849	130.15	87	11,323.05
0.40	DIS	WALT DISNEY CO/THE	2270726	114.61	96	11,002.56
0.39	TMO	THERMO FISHER	2886907	534.36	20	10,687.20
0.39	ABT	ABBOTT LABORATORIES	2002305	114.14	93	10,615.02
0.39	BKNG	BOOKING HOLDINGS INC	BDRXDB4	5,293.00	2	10,586.00
0.38	PM	PHILIP MORRIS IN	B2PKRQ3	126.82	82	10,399.24
0.38	ISRG	INTUITIVE SURGICAL INC	2871301	543.60	19	10,328.40
0.37	CAT	CATERPILLAR INC	2180201	388.87	26	10,110.62
0.37	GS	GOLDMAN SACHS GROUP INC	2407966	592.56	17	10,073.52
0.37	INTU	INTUIT INC	2459020	670.56	15	10,058.40
0.35	GE	GE AEROSPACE	BL59CR9	168.64	57	9,612.48
0.35	QCOM	QUALCOMM INC	2714923	159.83	59	9,429.97
0.34	TXN	TEXAS INSTRUMENTS INC	2885409	191.70	49	9,393.30
0.34	AXP	AMERICAN EXPRESS CO	2026082	302.34	31	9,372.54
0.34	VZ	VERIZON COMMUNIC	2090571	41.99	223	9,363.77
0.33	T	AT&T INC	2831811	23.48	379	8,898.92
0.32	SPGI	S&P GLOBAL INC	BYV2325	516.27	17	8,776.59
0.30	LOW	LOWE'S COS INC	2536763	267.90	31	8,304.90
0.30	RTX	RTX CORPORATION	BM5M5Y3	116.94	71	8,302.74
0.30	MS	MORGAN STANLEY	2262314	127.59	65	8,293.35
0.30	NEE	NEXTERA ENERGY INC	2328915	73.98	110	8,137.80
0.30	CMCSA	COMCAST CORP-CLASS A	2044545	39.71	204	8,100.84
0.29	DHR	DANAHER CORP	2250870	235.40	34	8,003.60
0.29	PGR	PROGRESSIVE CORP	2705024	243.73	32	7,799.36
0.29	HON	HONEYWELL INTL	2020459	229.06	34	7,788.04
0.28	TJX	TJX COMPANIES INC	2989301	126.81	61	7,735.41
0.28	UNP	UNION PACIFIC CORP	2914734	233.78	33	7,714.74
0.28	AMAT	APPLIED MATERIALS INC	2046552	171.13	45	7,700.85
0.28	PLTR	PALANTIR TECHN-A	BN78DQ4	72.51	106	7,686.06
0.28	AMGN	AMGEN INC	2023607	273.41	28	7,655.48
0.28	PFE	PFIZER INC	2684703	25.23	303	7,644.69
0.28	ETN	EATON CORP PLC	B8KQN82	361.91	21	7,600.11
0.27	BLK	BLACKROCK INC	BMZBBT7	1,065.26	7	7,456.82
0.27	C	CITIGROUP INC	2297907	71.96	103	7,411.88
0.27	BX	BLACKSTONE INC	BKF2SL7	192.41	38	7,311.58
0.26	BSX	BOSTON SCIENTIFIC CORP	2113434	90.56	79	7,154.24
0.26	COP	CONOCOPHILLIPS	2685717	102.19	68	6,948.92
0.25	PANW	PALO ALTO NETWORKS INC	B87ZMX0	398.42	17	6,773.14
0.25	SYK	STRYKER CORP	2853688	376.16	18	6,770.88
0.25	UBER	UBER TECHNOLOGIES INC	BK6N347	61.18	110	6,729.80
0.24	BA	BOEING CO/THE	2108601	165.96	40	6,638.40
0.24	ADP	AUTOMATIC DATA PROCESSING	2065308	300.75	22	6,616.50
0.24	VRTX	VERTEX PHARM	2931034	468.29	14	6,556.06
0.24	SCHW	SCHWAB (CHARLES) CORP	2779397	82.41	79	6,510.39
0.23	DE	DEERE & CO	2261203	448.03	14	6,272.42
0.23	BMY	BRISTOL-MYERS SQUIBB CO	2126335	56.65	109	6,174.85
0.22	MU	MICRON TECHNOLOGY INC	2588184	102.06	60	6,123.30
0.22	FI	FISERV INC	2342034	203.96	30	6,118.80
0.22	GILD	GILEAD SCIENCES INC	2369174	92.38	66	6,097.08
0.22	TMUS	T-MOBILE US INC	B94Q9V0	234.34	26	6,092.84
0.22	ANET	ARISTA NETWORKS INC	BL9XPM3	107.23	56	6,004.88
0.22	SBUX	STARBUCKS CORP	2842255	98.42	60	5,905.20
0.22	ADI	ANALOG DEVICES INC	2032067	217.12	27	5,862.24
0.21	CB	CHUBB LTD	B3BQMF6	276.22	21	5,800.62
0.21	MDT	MEDTRONIC PLC	BTN1Y11	82.92	68	5,638.56
0.21	PLD	PROLOGIS INC	B44WZD7	111.96	50	5,598.00
0.20	MMC	MARSH & MCLENNAN COS	2567741	214.35	26	5,573.10
0.20	LMT	LOCKHEED MARTIN CORP	2522096	504.24	11	5,546.64
0.20	KKR	KKR & CO INC	BG1FRR1	157.39	35	5,508.65
0.20	LRCX	LAM RESEARCH CORP	BSML4N7	78.23	70	5,476.10
0.18	UPS	UNITED PARCEL-B	2517382	129.12	39	5,035.68
0.18	PYPL	PAYPAL HOLDINGS INC	BYW36M8	90.75	55	4,991.25
0.18	AMT	AMERICAN TOWER CORP	B7FBFL2	199.59	25	4,989.75
0.18	NKE	NIKE INC -CL B	2640147	78.85	63	4,967.55
0.18	ICE	INTERCONTINENTAL	BFSSDS9	158.18	31	4,903.58
0.18	EQIX	EQUINIX INC	BVLZX12	973.57	5	4,867.85
0.18	MO	ALTRIA GROUP INC	2692632	54.69	89	4,867.41
0.18	SO	SOUTHERN CO/THE	2829601	83.25	58	4,828.50
0.18	GEV	GE VERNOVA INC	BP6H4Y1	343.80	14	4,813.20
0.18	PH	PARKER HANNIFIN CORP	2671501	686.39	7	4,804.73
0.18	TT	TRANE TECHNOLOGIES PLC	BK9ZQ96	400.13	12	4,801.56
0.17	APH	AMPHENOL CORP-CL A	2145084	73.53	64	4,705.92
0.17	CME	CME GROUP INC	2965839	234.30	20	4,686.00
0.17	CMG	CHIPOTLE MEXICAN	B0X7DZ3	65.57	71	4,655.47
0.17	REGN	REGENERON PHARMACEUTICALS	2730190	773.00	6	4,638.00
0.17	ELV	ELEVANCE HEALTH INC	BSPHGL4	385.56	12	4,626.72
0.17	INTC	INTEL CORP	2463247	20.12	229	4,607.48
0.17	DUK	DUKE ENERGY CORP	B7VD3F2	109.59	42	4,602.78
0.17	KLAC	KLA CORP	2480138	648.84	7	4,541.88
0.16	MDLZ	MONDELEZ INTER-A	B8CKK03	63.12	71	4,481.52
0.16	MCO	MOODY'S CORP	2252058	497.53	9	4,477.77
0.16	SHW	SHERWIN-WILLIAMS CO/THE	2804211	371.94	12	4,463.28
0.16	CI	THE CIGNA GROUP	BHJ0775	294.03	15	4,410.45
0.16	CRWD	CROWDSTRIKE HO-A	BJJP138	362.97	12	4,355.64
0.16	AON	AON PLC-CLASS A	BLP1HW5	362.63	12	4,351.56
0.16	CDNS	CADENCE DESIGN SYS INC	2302232	308.78	14	4,322.92
0.16	USB	US BANCORP	2736035	51.32	84	4,310.88
0.16	MSI	MOTOROLA SOLUTIONS INC	B5BKPQ4	478.11	9	4,302.99
0.16	PNC	PNC FINANCIAL SE	2692665	203.38	21	4,270.98
0.16	ZTS	ZOETIS INC	B95WG16	177.17	24	4,252.08
0.15	SNPS	SYNOPSYS INC	2867719	512.06	8	4,096.48
0.15	WM	WASTE MANAGEMENT INC	2937667	214.52	19	4,075.88
0.15	MCK	MCKESSON CORP	2378534	576.69	7	4,036.83
0.15	CEG	CONSTELLATION ENERGY	BMH4FS1	236.60	17	4,022.20
0.15	CL	COLGATE-PALMOLIVE CO	2209106	92.76	43	3,988.68
0.14	EMR	EMERSON ELECTRIC CO	2313405	130.87	30	3,926.10
0.14	WELL	WELLTOWER INC	BYVYHH4	128.59	30	3,857.70
0.14	EOG	EOG RESOURCES INC	2318024	127.56	30	3,826.80
0.14	ITW	ILLINOIS TOOL WORKS	2457552	272.96	14	3,821.44
0.14	ORLY	O'REILLY AUTOMOTIVE INC	B65LWX6	1,269.01	3	3,807.03
0.14	CTAS	CINTAS CORP	2197137	210.97	18	3,797.46
0.14	MAR	MARRIOTT INTL-A	2210614	291.73	13	3,792.49
0.14	MMM	3M CO	2595708	129.77	29	3,763.33
0.14	APD	AIR PRODS & CHEM	2011602	312.36	12	3,748.32
0.14	TDG	TRANSDIGM GROUP INC	B11FJK3	1,246.65	3	3,739.95
0.14	GD	GENERAL DYNAMICS CORP	2365161	265.43	14	3,716.02
0.13	HLT	HILTON WORLDWIDE	BYVMW06	256.95	14	3,597.30
0.13	WMB	WILLIAMS COS INC	2967181	55.39	64	3,544.96
0.13	BDX	BECTON DICKINSON AND CO	2087807	221.04	16	3,536.64
0.13	COF	CAPITAL ONE FINA	2654461	186.05	19	3,534.95
0.13	CSX	CSX CORP	2160753	33.61	103	3,461.83
0.13	ECL	ECOLAB INC	2304227	245.46	14	3,436.44
0.13	CVS	CVS HEALTH CORP	2577609	51.76	66	3,416.16
0.13	AJG	ARTHUR J GALLAGHER & CO	2359506	283.58	12	3,402.96
0.12	ADSK	AUTODESK INC	2065159	307.46	11	3,382.06
0.12	FCX	FREEPORT-MCMORAN INC	2352118	43.00	78	3,354.00
0.12	AZO	AUTOZONE INC	2065955	3,342.72	1	3,342.72
0.12	OKE	ONEOK INC	2130109	104.33	32	3,338.56
0.12	TFC	TRUIST FINANCIAL CORP	BKP7287	45.66	73	3,333.18
0.12	NOC	NORTHROP GRUMMAN CORP	2648806	475.62	7	3,329.34
0.12	ROP	ROPER TECHNOLOGIES INC	2749602	550.39	6	3,302.34
0.12	TGT	TARGET CORP	2259101	135.98	24	3,263.52
0.12	CARR	CARRIER GLOBAL CORP	BK4N0D7	73.70	44	3,242.80
0.12	SLB	SCHLUMBERGER LTD	2779201	41.56	78	3,241.68
0.12	FTNT	FORTINET INC	B5B2106	98.04	33	3,235.32
0.12	GM	GENERAL MOTORS CO	B665KZ5	52.04	62	3,226.48
0.12	ABNB	AIRBNB INC-CLASS A	BMGYYH4	138.84	23	3,193.32
0.12	RCL	ROYAL CARIBBEAN	2754907	245.52	13	3,191.76
0.12	URI	UNITED RENTALS INC	2134781	796.97	4	3,187.88
0.12	BK	BANK NY MELLON	B1Z77F6	79.67	40	3,186.80
0.12	HCA	HCA HEALTHCARE INC	B4MGBG6	315.14	10	3,151.40
0.11	JCI	JOHNSON CONTROLS	BY7QL61	84.02	37	3,108.74
0.11	FDX	FEDEX CORP	2142784	281.16	11	3,092.76
0.11	PCAR	PACCAR INC	2665861	115.85	26	3,012.10
0.11	CMI	CUMMINS INC	2240202	370.15	8	2,961.20
0.11	SRE	SEMPRA	2138158	87.41	33	2,884.53
0.11	PSX	PHILLIPS 66	B78C4Y8	125.33	23	2,882.59
0.11	CPRT	COPART INC	2208073	62.61	46	2,880.06
0.11	NXPI	NXP SEMICONDUCTORS NV	B505PN7	219.84	13	2,857.92
0.10	SPG	SIMON PROPERTY GROUP INC	2812452	176.63	16	2,826.08
0.10	DLR	DIGITAL REALTY TRUST INC	B03GQS4	187.22	15	2,808.30
0.10	KMI	KINDER MORGAN INC	B3NQ4P8	26.95	104	2,802.80
0.10	VST	Vistra Corp.	BZ8VJQ8	146.00	19	2,774.00
0.10	AMP	AMERIPRISE FINANCIAL INC	B0J7D57	550.80	5	2,754.00
0.10	MPC	MARATHON PETROLEUM CORP	B3K3L40	151.97	18	2,735.46
0.10	NSC	NORFOLK SOUTHERN CORP	2641894	247.25	11	2,719.75
0.10	AFL	AFLAC INC	2026361	104.21	26	2,709.46
0.10	TRV	TRAVELERS COS INC/THE	2769503	245.14	11	2,696.54
0.10	NEM	NEWMONT CORP	2636607	42.28	63	2,663.64
0.10	ROST	ROSS STORES INC	2746711	153.84	17	2,615.28
0.10	PSA	PUBLIC STORAGE	2852533	323.34	8	2,586.72
0.09	AXON	AXON ENTERPRISE INC	BDT5S35	642.45	4	2,569.80
0.09	HWM	HOWMET AEROSPACE INC	BKLJ8V2	116.08	22	2,553.76
0.09	O	REALTY INCOME CORP	2724193	55.32	46	2,544.72
0.09	PAYX	PAYCHEX INC	2674458	141.24	18	2,542.32
0.09	MSCI	MSCI INC	B2972D2	629.61	4	2,518.44
0.09	ALL	ALLSTATE CORP	2019952	193.30	13	2,512.90
0.09	AIG	AMERICAN INTERNA	2027342	73.64	34	2,503.76
0.09	DFS	DISCOVER FINANCI	B1YLC43	178.23	14	2,495.22
0.09	MET	METLIFE INC	2573209	80.33	31	2,490.23
0.09	FIS	FIDELITY NATIONA	2769796	85.28	29	2,473.12
0.09	DHI	DR HORTON INC	2250687	153.68	16	2,458.88
0.09	FAST	FASTENAL CO	2332262	79.26	31	2,457.06
0.09	D	DOMINION ENERGY INC	2542049	54.27	45	2,442.15
0.09	AEP	AMERICAN ELECTRIC POWER	2026242	93.63	26	2,434.38
0.09	PRU	PRUDENTIAL FINANCIAL INC	2819118	120.07	20	2,401.40
0.09	VLO	VALERO ENERGY CORP	2041364	133.29	18	2,399.22
0.09	LULU	LULULEMON ATHLETICA INC	B23FN39	399.75	6	2,398.50
0.09	TEL	TE CONNECTIVITY PLC	BRC3N84	149.83	16	2,397.28
0.09	CCI	CROWN CASTLE INC	BTGQCX1	99.18	24	2,380.32
0.09	EW	EDWARDS LIFESCIENCES CORP	2567116	73.81	32	2,361.92
0.09	PWR	QUANTA SERVICES INC	2150204	334.25	7	2,339.75
0.09		OTHER PAYABLE & RECEIVABLES		1.00	2,332	2,332.17
0.09	RSG	REPUBLIC SERVICES INC	2262530	210.35	11	2,313.85
0.09	GWW	WW GRAINGER INC	2380863	1,155.50	2	2,311.00
0.09	PEG	PUB SERV ENTERP	2707677	85.56	27	2,310.12
0.08	BKR	BAKER HUGHES CO	BDHLTQ5	42.46	54	2,292.84
0.08	LHX	L3HARRIS TECHNOLOGIES INC	BK9DTN5	228.87	10	2,288.70
0.08	DAL	DELTA AIR LINES INC	B1W9D46	63.48	36	2,285.28
0.08	VRSK	VERISK ANALYTICS INC	B4P9W92	285.02	8	2,280.16
0.08	AME	AMETEK INC	2089212	188.66	12	2,263.92
0.08	A	AGILENT TECHNOLOGIES INC	2520153	141.19	16	2,259.04
0.08	ODFL	OLD DOMINION FREIGHT LINE	2656423	204.81	11	2,252.91
0.08	TRGP	TARGA RESOURCES CORP	B55PZY3	186.28	12	2,235.36
0.08	KMB	KIMBERLY-CLARK CORP	2491839	130.61	17	2,220.37
0.08	CBRE	CBRE GROUP INC - A	B6WVMH3	137.66	16	2,202.56
0.08	F	FORD MOTOR CO	2615468	10.41	211	2,196.51
0.08	FICO	FAIR ISAAC CORP	2330299	2,196.05	1	2,196.05
0.08	PCG	P G & E CORP	2689560	19.81	110	2,179.10
0.08	OTIS	OTIS WORLDWIDE CORP	BK531S8	98.99	22	2,177.78
0.08	STZ	CONSTELLATION-A	2170473	239.89	9	2,159.01
0.08	CTVA	CORTEVA INC	BK73B42	59.78	36	2,152.08
0.08	KR	KROGER CO	2497406	61.33	35	2,146.55
0.08	HES	HESS CORP	2023748	142.33	15	2,134.95
0.08	EA	ELECTRONIC ARTS INC	2310194	163.92	13	2,130.96
0.08	CTSH	COGNIZANT TECH-A	2257019	81.25	26	2,112.50
0.08	SYY	SYSCO CORP	2868165	80.35	26	2,089.10
0.08	KVUE	KENVUE INC	BQ84ZQ6	22.22	94	2,088.68
0.08	COR	CENCORA INC	2795393	231.89	9	2,087.01
0.08	YUM	YUM! BRANDS INC	2098876	138.54	15	2,078.10
0.08	IT	GARTNER INC	2372763	518.54	4	2,074.16
0.08	IR	INGERSOLL-RAND INC	BL5GZ82	101.68	20	2,033.60
0.07	IQV	IQVIA HOLDINGS INC	BDR73G1	201.07	10	2,010.70
0.07	GLW	CORNING INC	2224701	47.63	42	2,000.46
0.07	EXC	EXELON CORP	2670519	36.76	54	1,985.04
0.07	XEL	XCEL ENERGY INC	2614807	68.36	29	1,982.44
0.07	RMD	RESMED INC	2732903	245.78	8	1,966.24
0.07	KDP	KEURIG DR PEPPER INC	BD3W133	33.26	59	1,962.34
0.07	VMC	VULCAN MATERIALS CO	2931205	279.56	7	1,956.92
0.07		CASH		1.00	1,957	1,956.82
0.07	MNST	MONSTER BEVERAGE CORP	BZ07BW4	52.10	37	1,927.70
0.07	GIS	GENERAL MILLS INC	2367026	65.50	29	1,899.50
0.07	LEN	LENNAR CORP-A	2511920	158.16	12	1,897.92
0.07	CHTR	CHARTER COMMUN-A	BZ6VT82	378.49	5	1,892.45
0.07	ACGL	ARCH CAPITAL GROUP LTD	2740542	94.07	20	1,881.40
0.07	MPWR	MONOLITHIC POWER	B01Z7J1	623.82	3	1,871.46
0.07	EFX	EQUIFAX INC	2319146	262.74	7	1,839.18
0.07	WAB	WABTEC CORP	2955733	203.85	9	1,834.65
0.07	MTB	M & T BANK CORP	2340168	201.97	9	1,817.73
0.07	HIG	HARTFORD FINL SV	2476193	113.03	16	1,808.48
0.07	OXY	OCCIDENTAL PETROLEUM CORP	2655408	48.47	37	1,793.39
0.07	MCHP	MICROCHIP TECHNOLOGY INC	2592174	61.52	29	1,784.08
0.07	DELL	DELL TECHNOLOGIES -C	BHKD3S6	118.69	15	1,780.35
0.07	ETR	ENTERGY CORP	2317087	147.88	12	1,774.56
0.07	GRMN	GARMIN LTD	B3Z5T14	220.77	8	1,766.16
0.07	ED	CONSOLIDATED EDISON INC	2216850	92.75	19	1,762.25
0.06	EXR	EXTRA SPACE STORAGE INC	B02HWR9	159.52	11	1,754.72
0.06	IDXX	IDEXX LABORATORIES INC	2459202	437.08	4	1,748.32
0.06	GEHC	GE HEALTHCARE TECHNOLOGY	BL6JPG8	82.75	21	1,737.75
0.06	DD	DUPONT DE NEMOURS INC	BK0VN47	81.93	21	1,720.53
0.06	TTWO	TAKE-TWO INTERAC	2122117	190.46	9	1,714.14
0.06	IRM	IRON MOUNTAIN INC	BVFTF03	113.09	15	1,696.35
0.06	VICI	VICI PROPERTIES INC	BYWH073	31.31	54	1,690.74
0.06	MLM	MARTIN MARIETTA MATERIALS	2572079	560.18	3	1,680.54
0.06	HUM	HUMANA INC	2445063	278.20	6	1,669.20
0.06	NUE	NUCOR CORP	2651086	138.44	12	1,661.28
0.06	EBAY	EBAY INC	2293819	63.17	26	1,642.42
0.06	FANG	DIAMONDBACK ENERGY INC	B7Y8YR3	163.90	10	1,639.00
0.06	GPN	GLOBAL PAYMENTS INC	2712013	117.07	14	1,638.98
0.06	CSGP	COSTAR GROUP INC	2262864	77.58	21	1,629.18
0.06	DXCM	DEXCOM INC	B0796X4	80.47	20	1,609.40
0.06	FITB	FIFTH THIRD BANCORP	2336747	45.82	35	1,603.70
0.06	CNC	CENTENE CORP	2807061	56.90	28	1,593.20
0.06	HPQ	HP INC	BYX4D52	34.55	46	1,589.30
0.06	STT	STATE STREET CORP	2842040	99.27	16	1,588.32
0.06	UAL	UNITED AIRLINES	B4QG225	98.96	16	1,583.36
0.06	AVB	AVALONBAY COMMUNITIES INC	2131179	226.16	7	1,583.12
0.06	DOW	DOW INC	BHXCF84	41.50	38	1,577.00
0.06	ON	ON SEMICONDUCTOR	2583576	67.97	23	1,563.31
0.06	EIX	EDISON INTERNATIONAL	2829515	81.58	19	1,550.02
0.06	WTW	WILLIS TOWERS WATSON PLC	BDB6Q21	309.84	5	1,549.20
0.06	NDAQ	NASDAQ INC	2965107	81.31	19	1,544.89
0.06	WEC	WEC ENERGY GROUP INC	BYY8XK8	95.61	16	1,529.76
0.06	CAH	CARDINAL HEALTH INC	2175672	117.42	13	1,526.46
0.06	SW	SMURFIT WESTROCK PLC	BRK49M5	53.48	28	1,497.44
0.06	CCL	CARNIVAL CORP	2523044	26.61	56	1,490.16
0.05	FTV	FORTIVE CORP	BYT3MK1	78.28	19	1,487.32
0.05	ROK	ROCKWELL AUTOMATION INC	2754060	297.38	5	1,486.90
0.05	CHD	CHURCH & DWIGHT CO INC	2195841	105.58	14	1,478.12
0.05	HPE	HEWLETT PACKA	BYVYWS0	21.91	67	1,467.97
0.05	TROW	T ROWE PRICE GROUP INC	2702337	121.71	12	1,460.52
0.05	EQT	EQT CORP	2319414	45.58	32	1,458.56
0.05	GDDY	GODADDY INC - CLASS A	BWFRFC6	208.34	7	1,458.38
0.05	RJF	RAYMOND JAMES	2718992	161.51	9	1,453.59
0.05	DTE	DTE ENERGY COMPANY	2280220	121.00	12	1,452.00
0.05	KHC	KRAFT HEINZ CO/THE	BYRY499	31.29	46	1,439.34
0.05	SYF	SYNCHRONY FINANCIAL	BP96PS6	68.53	21	1,439.13
0.05	AWK	AMERICAN WATER W	B2R3PV1	130.34	11	1,433.74
0.05	TSCO	TRACTOR SUPPLY COMPANY	2900335	285.49	5	1,427.45
0.05	HSY	HERSHEY CO/THE	2422806	177.00	8	1,416.00
0.05	PTC	PTC INC	B95N910	201.89	7	1,413.23
0.05	DOV	DOVER CORP	2278407	201.20	7	1,408.40
0.05	HAL	HALLIBURTON CO	2405302	29.20	48	1,401.60
0.05	ANSS	ANSYS INC	2045623	344.00	4	1,376.00
0.05	HUBB	HUBBELL INC	BDFG6S3	457.00	3	1,371.00
0.05	VLTO	VERALTO CORP	BPGMZQ5	105.35	13	1,369.55
0.05	CINF	CINCINNATI FINANCIAL CORP	2196888	151.68	9	1,365.12
0.05	XYL	XYLEM INC	B3P2CN8	123.38	11	1,357.18
0.05	BRO	BROWN & BROWN INC	2692687	104.11	13	1,353.43
0.05	PPG	PPG INDUSTRIES INC	2698470	122.59	11	1,348.49
0.05	KEYS	KEYSIGHT TECHNOLOGIES IN	BQZJ0Q9	167.76	8	1,342.08
0.05	PHM	PULTEGROUP INC	2708841	121.91	11	1,341.01
0.05	ADM	ARCHER-DANIELS-MIDLAND CO	2047317	52.92	25	1,323.00
0.05	HBAN	HUNTINGTON BANCSHARES INC	2445966	17.39	76	1,321.64
0.05	EQR	EQUITY RESIDENTIAL	2319157	72.78	18	1,310.04
0.05	SBAC	SBA COMMUNICATIONS CORP	BZ6TS23	216.21	6	1,297.26
0.05	RF	REGIONS FINANCIAL CORP	B01R311	25.40	51	1,295.40
0.05	ULTA	ULTA BEAUTY INC	B28TS42	430.09	3	1,290.27
0.05	WBD	WARNER BROS DISCOVERY INC	BM8JYX3	10.82	119	1,287.58
0.05	ZBH	ZIMMER BIOMET HO	2783815	106.91	12	1,282.92
0.05	PPL	PPL CORP	2680905	32.73	39	1,276.47
0.05	WST	WEST PHARMACEUT	2950482	318.22	4	1,272.88
0.05	MTD	METTLER-TOLEDO	2126249	1,270.63	1	1,270.63
0.05	BIIB	BIOGEN INC	2455965	157.46	8	1,259.68
0.05	AEE	AMEREN CORPORATION	2050832	89.85	14	1,257.90
0.05	TYL	TYLER TECHNOLOGIES INC	2909644	625.02	2	1,250.04
0.05	CDW	CDW CORP/DE	BBM5MD6	178.25	7	1,247.75
0.05	WY	WEYERHAEUSER CO	2958936	30.89	40	1,235.60
0.05	DECK	DECKERS OUTDOOR CORP	2267278	204.95	6	1,229.70
0.05	NTAP	NETAPP INC	2630643	122.66	10	1,226.60
0.04	VTR	VENTAS INC	2927925	60.72	20	1,214.40
0.04	ZBRA	ZEBRA TECH CORP	2989356	404.17	3	1,212.51
0.04	TPL	TEXAS PACIFIC LAND CORP	BM99VY2	1,207.00	1	1,207.00
0.04	FSLR	FIRST SOLAR INC	B1HMF22	201.00	6	1,206.00
0.04	FE	FIRSTENERGY CORP	2100920	40.12	30	1,203.60
0.04	PKG	PACKAGING CORP OF AMERICA	2504566	238.64	5	1,193.20
0.04	ESS	ESSEX PROPERTY TRUST INC	2316619	298.04	4	1,192.16
0.04	BR	BROADRIDGE FINL	B1VP7R6	235.59	5	1,177.95
0.04	WAT	WATERS CORP	2937689	385.27	3	1,155.81
0.04	SMCI	SUPER MICRO COMPUTER INC	BRC3N73	38.29	30	1,148.70
0.04	EXPE	EXPEDIA GROUP INC	B748CK2	190.29	6	1,141.74
0.04	ES	EVERSOURCE ENERGY	BVVN4Q8	59.99	19	1,139.81
0.04	K	KELLANOVA	2486813	80.64	14	1,128.96
0.04	POOL	POOL CORP	2781585	375.66	3	1,126.98
0.04	WDC	WESTERN DIGITAL CORP	2954699	69.90	16	1,118.40
0.04	DVN	DEVON ENERGY CORP	2480677	34.76	32	1,112.32
0.04	CFG	CITIZENS FINANCIAL GROUP	BQRX1X3	46.23	24	1,109.52
0.04	MAA	MID-AMERICA APAR	2589132	158.33	7	1,108.31
0.04	CPAY	CORPAY INC	BMX5GK7	365.00	3	1,095.00
0.04	PODD	INSULET CORP	B1XGNW4	273.47	4	1,093.88
0.04	EG	EVEREST GROUP LTD	2556868	362.35	3	1,087.05
0.04	STX	SEAGATE TECHNOLO	BKVD2N4	98.39	11	1,082.29
0.04	LDOS	LEIDOS HOLDINGS INC	BDV82B8	153.55	7	1,074.85
0.04	LUV	SOUTHWEST AIRLINES CO	2831543	33.58	32	1,074.56
0.04	STLD	STEEL DYNAMICS INC	2849472	133.55	8	1,068.40
0.04	SNA	SNAP-ON INC	2818740	355.83	3	1,067.49
0.04	IFF	INTL FLAVORS & FRAGRANCES	2464165	87.84	12	1,054.08
0.04	NRG	NRG ENERGY INC	2212922	95.48	11	1,050.28
0.04	STE	STERIS PLC	BFY8C75	209.62	5	1,048.10
0.04	FFIV	F5 INC	2427599	260.07	4	1,040.28
0.04	IP	INTERNATIONAL PAPER CO	2465254	54.52	19	1,035.88
0.04	BLDR	BUILDERS FIRSTSOURCE INC	B0BV2M7	172.16	6	1,032.96
0.04	OMC	OMNICOM GROUP	2279303	92.10	11	1,013.10
0.04	EPAM	EPAM SYSTEMS INC	B44Z3T8	253.00	4	1,012.00
0.04	DRI	DARDEN RESTAURANTS INC	2289874	167.83	6	1,006.98
0.04	CNP	CENTERPOINT ENERGY INC	2440637	31.41	32	1,005.12
0.04	CMS	CMS ENERGY CORP	2219224	66.82	15	1,002.30
0.04	INVH	INVITATION HOMES INC	BD81GW9	33.29	30	998.70
0.04	LYB	LYONDELLBASELL INDU-CL A	B3SPXZ3	76.45	13	993.85
0.04	COO	COOPER COS INC/THE	BQPDXR3	99.28	10	992.80
0.04	CF	CF INDUSTRIES HO	B0G4K50	89.82	11	988.02
0.04	CLX	CLOROX COMPANY	2204026	164.66	6	987.96
0.04	ATO	ATMOS ENERGY CORP	2315359	140.03	7	980.21
0.04	LVS	LAS VEGAS SANDS CORP	B02T2J7	54.45	18	980.10
0.04	FDS	FACTSET RESEARCH	2329770	490.04	2	980.08
0.04	MKC	MCCORMICK-N/V	2550161	81.36	12	976.32
0.04	BALL	BALL CORP	2073022	57.41	17	975.97
0.04	CTRA	COTERRA ENERGY INC	2162340	25.35	38	963.30
0.04	EXPD	EXPEDITORS INTL WASH INC	2325507	120.40	8	963.20
0.04	TER	TERADYNE INC	2884183	120.20	8	961.60
0.04	PFG	PRINCIPAL FINANCIAL GROUP	2803014	79.84	12	958.08
0.04	DG	DOLLAR GENERAL CORP	B5B1S13	79.82	12	957.84
0.04	MAS	MASCO CORP	2570200	79.35	12	952.20
0.04	TDY	TELEDYNE TECHNOLOGIES INC	2503477	474.82	2	949.64
0.04	NTRS	NORTHERN TRUST CORP	2648668	105.15	9	946.35
0.04	LYV	LIVE NATION ENTE	B0T7YX2	134.68	7	942.76
0.03	L	LOEWS CORP	2523022	84.75	11	932.25
0.03	TSN	TYSON FOODS INC-CL A	2909730	61.92	15	928.80
0.03	KEY	KEYCORP	2490911	18.31	50	915.50
0.03	DPZ	DOMINO'S PIZZA INC	B01SD70	457.35	2	914.70
0.03	HOLX	HOLOGIC INC	2433530	75.53	12	906.36
0.03	TXT	TEXTRON INC	2885937	82.13	11	903.43
0.03	MOH	MOLINA HEALTHCARE INC	2212706	300.31	3	900.93
0.03	BAX	BAXTER INTERNATIONAL INC	2085102	31.00	29	899.00
0.03	JKHY	JACK HENRY	2469193	178.85	5	894.25
0.03	EL	ESTEE LAUDER	2320524	81.22	11	893.42
0.03	TRMB	TRIMBLE INC	2903958	73.96	12	887.52
0.03	PNR	PENTAIR PLC	BLS09M3	109.21	8	873.68
0.03	AIZ	ASSURANT INC	2331430	216.93	4	867.72
0.03	GEN	GEN DIGITAL INC	BJN4XN5	29.92	29	867.68
0.03	GPC	GENUINE PARTS CO	2367480	122.99	7	860.93
0.03	DLTR	DOLLAR TREE INC	2272476	71.63	12	859.56
0.03	ARE	ALEXANDRIA REAL	2009210	103.39	8	827.12
0.03	APTV	APTIV PLC	B783TY6	58.89	14	824.46
0.03	J	JACOBS SOLUTIONS INC	BNGC0D3	135.12	6	810.72
0.03	CBOE	CBOE GLOBAL MARKETS INC	B5834C5	202.59	4	810.36
0.03	DOC	HEALTHPEAK PROPERTIES INC	BJBLRK3	21.27	38	808.26
0.03	KIM	KIMCO REALTY CORP	2491594	24.45	33	806.85
0.03	VTRS	VIATRIS INC	BMWS3X9	12.75	63	803.25
0.03	JBL	JABIL INC	2471789	133.69	6	802.14
0.03	AKAM	AKAMAI TECHNOLOGIES INC	2507457	100.02	8	800.16
0.03	AMCR	AMCOR PLC	BJ1F307	10.02	79	791.58
0.03	WRB	WR BERKLEY CORP	2093644	60.87	13	791.31
0.03	AVY	AVERY DENNISON CORP	2066408	197.56	4	790.24
0.03	LNT	ALLIANT ENERGY CORP	2973821	60.41	13	785.33
0.03	BBY	BEST BUY CO INC	2094670	87.07	9	783.63
0.03	DGX	QUEST DIAGNOSTICS INC	2702791	155.69	5	778.45
0.03	MRNA	MODERNA INC	BGSXTS3	42.86	18	771.48
0.03	UHS	UNIVERSAL HLTH-B	2923785	190.71	4	762.84
0.03	NDSN	NORDSON CORP	2641838	249.55	3	748.65
0.03	JBHT	HUNT (JB) TRANS	2445416	182.01	4	728.04
0.03	ALGN	ALIGN TECHNOLOGY INC	2679204	239.52	3	718.56
0.03	SWKS	SKYWORKS SOLUTIONS INC	2961053	89.41	8	715.28
0.03	UDR	UDR INC	2727910	44.31	16	708.96
0.03	MKTX	MARKETAXESS HOLDINGS INC	B03Q9D0	234.86	3	704.58
0.03	ALLE	ALLEGION PLC	BFRT3W7	140.44	5	702.20
0.03	RVTY	REVVITY INC	2305844	116.64	6	699.84
0.03	NI	NISOURCE INC	2645409	36.76	19	698.44
0.03	KMX	CARMAX INC	2983563	87.00	8	696.00
0.03	FOXA	FOX CORP - CLASS A	BJJMGL2	46.07	15	691.05
0.03	LH	LABCORP HOLDINGS INC	BSBK800	229.53	3	688.59
0.03	IEX	IDEX CORP	2456612	228.17	3	684.51
0.03	RL	RALPH LAUREN CORP	B4V9661	227.41	3	682.23
0.03	TAP	MOLSON COORS-B	B067BM3	61.39	11	675.29
0.02	CAG	CONAGRA BRANDS INC	2215460	27.73	24	665.52
0.02	HST	HOST HOTELS & RESORTS INC	2567503	18.93	35	662.55
0.02	JNPR	JUNIPER NETWORKS INC	2431846	37.39	17	635.63
0.02	CTLT	CATALENT INC	BP96PQ4	63.24	10	632.40
0.02	DAY	DAYFORCE INC	BFX1V56	78.29	8	626.32
0.02	TPR	TAPESTRY INC	BF09HX3	62.30	10	623.00
0.02	EVRG	EVERGY INC	BFMXGR0	62.27	10	622.70
0.02	LKQ	LKQ CORP	2971029	38.61	16	617.76
0.02	TECH	BIO-TECHNE CORP	BSHZ3Q0	76.81	8	614.48
0.02	VRSN	VERISIGN INC	2142922	200.00	3	600.00
0.02	EMN	EASTMAN CHEMICAL CO	2298386	99.33	6	595.98
0.02	ENPH	ENPHASE ENERGY INC	B65SQW4	74.23	8	593.84
0.02	REG	REGENCY CENTERS CORP	2726177	74.20	8	593.60
0.02	BG	BUNGE GLOBAL SA	BQ6BPG9	84.79	7	593.53
0.02	ROL	ROLLINS INC	2747305	49.01	12	588.12
0.02	SWK	STANLEY BLACK &	B3Q2FJ4	83.80	7	586.60
0.02	INCY	INCYTE CORP	2471950	72.49	8	579.92
0.02	HII	HUNTINGTON INGAL	B40SSC9	191.52	3	574.56
0.02	FRT	FEDERAL REALTY INVS TRUST	BN7P9B2	112.36	5	561.80
0.02	BXP	BXP INC	2019479	79.99	7	559.93
0.02	CHRW	CH ROBINSON	2116228	109.13	5	545.65
0.02	IPG	INTERPUBLIC GRP	2466321	30.10	18	541.80
0.02	BF/B	BROWN-FORMAN CORP-CLASS B	2146838	44.98	12	539.76
0.02	PNW	PINNACLE WEST CAPITAL	2048804	88.89	6	533.34
0.02	LW	LAMB WESTON HOLDINGS INC	BDQZFJ3	74.96	7	524.72
0.02	MHK	MOHAWK INDUSTRIES INC	2598699	130.97	4	523.88
0.02	ALB	ALBEMARLE CORP	2046853	103.84	5	519.20
0.02	CPB	THE CAMPBELL'S COMPANY	2162845	43.00	12	516.00
0.02	GNRC	GENERAC HOLDINGS INC	B6197Q2	171.78	3	515.34
0.02	MOS	MOSAIC CO/THE	B3NPHP6	26.77	19	508.63
0.02	HRL	HORMEL FOODS CORP	2437264	33.13	15	496.95
0.02	NCLH	NORWEGIAN CRUISE	B9CGTC3	27.50	18	495.00
0.02	CZR	CAESARS ENTERTAINMENT INC	BMWWGB0	37.11	13	482.43
0.02	CPT	CAMDEN PROPERTY TRUST	2166320	120.46	4	481.84
0.02	PAYC	PAYCOM SOFTWARE INC	BL95MY0	240.25	2	480.50
0.02	IVZ	INVESCO LTD	B28XP76	18.41	26	478.66
0.02	HSIC	HENRY SCHEIN INC	2416962	76.85	6	461.10
0.02	SJM	JM SMUCKER CO/THE	2951452	113.25	4	453.00
0.02	FMC	FMC CORP	2328603	56.45	8	451.60
0.02	MGM	MGM RESORTS INTERNATIONAL	2547419	36.94	12	443.28
0.02	MTCH	MATCH GROUP INC	BK80XH9	31.48	14	440.72
0.02	NWSA	NEWS CORP - CLASS A	BBGVT40	29.07	15	436.05
0.02	SOLV	SOLVENTUM CORP	BMTQB43	70.49	6	422.94
0.02	BWA	BORGWARNER INC	2111955	35.09	12	421.08
0.02	AES	AES CORP	2002479	13.59	30	407.70
0.02	ERIE	ERIE INDEMNITY-A	2311711	407.38	1	407.38
0.01	CRL	CHARLES RIVER LA	2604336	193.55	2	387.10
0.01	WYNN	WYNN RESORTS LTD	2963811	95.21	4	380.84
0.01	APA	APA CORP	BNNF1C1	22.38	17	380.46
0.01	WBA	WALGREENS BOOTS	BTN1Y44	9.84	38	373.92
0.01	TFX	TELEFLEX INC	2881407	183.62	2	367.24
0.01	AOS	SMITH (A.O.) CORP	2816023	72.88	5	364.40
0.01	QRVO	QORVO INC	BR9YYP4	69.06	5	345.30
0.01	CE	CELANESE CORP	B05MZT4	68.04	5	340.20
0.01	HAS	HASBRO INC	2414580	64.38	5	321.90
0.01	GL	GLOBE LIFE INC	BK6YKG1	105.07	3	315.21
0.01	DVA	DAVITA INC	2898087	155.50	2	311.00
0.01		SPX US 12/20/24 P5120		75.00	4	300.00
0.01	BEN	FRANKLIN RESOURCES INC	2350684	22.39	13	291.07
0.01	PARA	PARAMOUNT GLOBAL-CLASS B	BKTNTR9	11.19	26	290.94
0.01	FOX	FOX CORP - CLASS B	BJJMGY5	43.76	5	218.80
0.01	AMTM	AMENTUM HOLDINGS INC	BMZLFJ5	23.85	6	143.10
0.00	NWS	NEWS CORP - CLASS B	BBGVT51	32.14	1	32.14
0.00		XSP US 12/20/24 P510		7.50	4	30.00

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 12/10/24

Return on Equity	20.40%
Weighted Avg. Market Cap	869,546 M
	2023	2024
Price-to-earnings	27.64	24.94
Price-to-book value	5.55	4.71

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus	Beta
S&P 500	0.84
NASDAQ-100	0.63
MSCI EAFE	0.70
MSCI Emg. Mkts	0.53
Standard Deviation	15.00%

Source: new windowAltaVista Research, LLC

ETF Research

ETF Documents

Latest Premium / Discount As of 12/11/24

NAV	$34.12
Market Price	$34.07
Premium / (Discount)	($0.05)

Current View 2024 Q4 As of 12/11/24

Days at Premium	2
Days at NAV	0
Days at Discount	49
Greatest Premium	0.65%
Greatest Discount	-0.24%

Daily Premium / Discount History As of 12/11/24

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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.

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. Exchange-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 11/30, XTR was rated against the following numbers of Equity Hedged funds over the following time periods: 151 during the last 3 years. With respect to these Equity Hedged funds, XTR received a Morningstar Rating of 4 stars, respectively. Past performance is not indicative of future results.

© 2024 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. Concentration in a particular industry or sector will subject XTR to loss due to adverse occurrences that may affect that industry or sector. Investors in XTR should be willing to accept a high degree of volatility in the price of the fund’s shares and the possibility of significant losses.

The Fund 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 strike price within a certain period or on a specific date. 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.

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.

XTR