UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSRS
CERTIFIED SHAREHOLDER
REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-22209
Global X Funds
(Exact name of registrant as specified in charter)
605 Third Avenue, 43rd floor
New York, NY 10158
(Address of principal executive offices) (Zip code)
Jasmin M. Ali, Esquire
Global X Management Company LLC
605 Third Avenue, 43rd floor
New York, NY 10158
(Name and address of agent for service)
With a copy to:
Jasmin M. Ali, Esquire
Global X Management Company LLC
605 Third Avenue, 43rd floor
New York, NY 10158 |
Eric S. Purple, Esquire
Stradley Ronon Stevens & Young, LLP
2000 K Street, N.W., Suite 700
Washington, DC 20006-1871 |
Registrant’s telephone number, including
area code: (212) 644-6440
Date of fiscal year end: October 31, 2025
Date of reporting period: April 30, 2025
Item 1. Reports to Stockholders.
(a) A copy of the report transmitted to stockholders pursuant to Rule
30e-1 under the Investment Company Act of 1940, as amended (the “Act”) (17 CFR § 270.30e-1), is attached hereto.
Global X Lithium & Battery Tech ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Lithium & Battery Tech ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/lit/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Lithium & Battery Tech ETF | $34 | 0.75% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $832,580,474 | 48 | $3,937,027 | 13.61% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Repurchase Agreements | 4.4% |
Brazil | 0.5% |
France | 0.5% |
Netherlands | 0.6% |
Canada | 1.4% |
Chile | 5.5% |
Japan | 8.5% |
Australia | 9.0% |
South Korea | 12.4% |
United States | 19.5% |
China | 41.4% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Albemarle | | | 7.8% |
Sociedad Quimica y Minera de Chile ADR | | | 5.5% |
Tesla | | | 4.4% |
TDK | | | 4.3% |
Panasonic Holdings | | | 4.2% |
Tianqi Lithium, Cl A | | | 4.0% |
Sunwoda Electronic, Cl A | | | 4.0% |
Contemporary Amperex Technology, Cl A | | | 3.9% |
Ecopro | | | 3.9% |
Eve Energy, Cl A | | | 3.9% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X SuperDividend® ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X SuperDividend® ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sdiv/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X SuperDividend® ETF | $29 | 0.58% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $785,951,108 | 114 | $2,200,069 | 43.36% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Futures Contracts | 0.1% |
Repurchase Agreements | 5.8% |
Other Countries | 14.3% |
Singapore | 3.0% |
South Africa | 3.1% |
Greece | 3.2% |
Israel | 3.7% |
Indonesia | 3.7% |
United Kingdom | 4.2% |
Norway | 7.5% |
Brazil | 8.3% |
Hong Kong | 9.2% |
China | 9.8% |
United States | 28.9% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Bright Smart Securities & Commodities Group | | | 2.7% |
Marfrig Global Foods | | | 1.5% |
Ardagh Metal Packaging | | | 1.4% |
Proximus | | | 1.4% |
SES, Cl A | | | 1.3% |
OPAP | | | 1.3% |
Phoenix Group Holdings PLC | | | 1.2% |
Chongqing Rural Commercial Bank, Cl H | | | 1.2% |
Enagas | | | 1.2% |
Kerry Properties | | | 1.2% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X Social Media ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Social Media ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/socl/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Social Media ETF | $33 | 0.65% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $114,309,262 | 55 | $379,878 | 5.58% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Repurchase Agreements | 2.4% |
United Arab Emirates | 0.3% |
Singapore | 0.4% |
United Kingdom | 0.4% |
Germany | 0.7% |
Japan | 5.2% |
South Korea | 12.4% |
China | 35.8% |
United States | 44.4% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Tencent Holdings | | | 9.9% |
Meta Platforms, Cl A | | | 9.8% |
NAVER | | | 8.5% |
Kuaishou Technology, Cl B | | | 7.4% |
Pinterest, Cl A | | | 6.3% |
Reddit, Cl A | | | 5.4% |
Spotify Technology | | | 5.0% |
NetEase ADR | | | 4.8% |
Baidu ADR | | | 4.6% |
Alphabet, Cl A | | | 4.5% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Guru® Index ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/guru/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Guru® Index ETF | $37 | 0.75% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $43,688,446 | 84 | $172,726 | 58.07% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Short-Term Investment | 0.6% |
Repurchase Agreement | 0.9% |
Real Estate | 2.5% |
Energy | 3.6% |
Utilities | 3.9% |
Materials | 4.2% |
Communication Services | 4.8% |
Consumer Staples | 5.2% |
Financials | 10.8% |
Industrials | 12.3% |
Consumer Discretionary | 14.0% |
Information Technology | 14.9% |
Health Care | 23.8% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Exelixis | | | 1.5% |
United States Steel | | | 1.5% |
HEICO, Cl A | | | 1.5% |
American International Group | | | 1.5% |
PG&E | | | 1.4% |
Albertsons, Cl A | | | 1.4% |
Tenet Healthcare | | | 1.4% |
Eli Lilly | | | 1.4% |
GoDaddy, Cl A | | | 1.4% |
AerCap Holdings | | | 1.4% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X SuperIncome™ Preferred ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X SuperIncome™ Preferred ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/spff/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X SuperIncome™ Preferred ETF | $23 | 0.48% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $130,570,209 | 52 | $338,637 | 48.84% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Repurchase Agreement | 0.2% |
Short-Term Investment | 0.2% |
United States | 99.6% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Albemarle | | | 4.6% |
Hewlett Packard Enterprise | | | 4.5% |
Ares Management | | | 4.4% |
KKR | | | 4.4% |
PG&E | | | 4.4% |
Wells Fargo | | | 3.9% |
Apollo Global Management | | | 3.4% |
Bank of America | | | 3.4% |
M&T Bank | | | 2.9% |
MicroStrategy | | | 2.4% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X SuperDividend® U.S. ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X SuperDividend® U.S. ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/div/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X SuperDividend® U.S. ETF | $22 | 0.45% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $638,521,027 | 55 | $1,447,475 | 27.69% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Repurchase Agreements | 1.7% |
Consumer Discretionary | 1.7% |
Health Care | 3.8% |
Financials | 5.6% |
Communication Services | 5.9% |
Industrials | 7.4% |
Materials | 8.2% |
Consumer Staples | 11.6% |
Utilities | 15.2% |
Real Estate | 18.0% |
Energy | 22.3% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Ardagh Metal Packaging | | | 3.0% |
B&G Foods | | | 2.4% |
Philip Morris International | | | 2.4% |
Altria Group | | | 2.4% |
Avista | | | 2.4% |
National Health Investors | | | 2.3% |
Universal | | | 2.3% |
Northwestern Energy Group | | | 2.3% |
Omega Healthcare Investors | | | 2.3% |
Verizon Communications | | | 2.3% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X MSCI SuperDividend® Emerging Markets ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X MSCI SuperDividend® Emerging Markets ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sdem/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X MSCI SuperDividend® Emerging Markets ETF | $35 | 0.67% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $36,813,372 | 56 | $112,974 | 27.45% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Futures Contracts | 0.0% |
Repurchase Agreement | 0.5% |
Other Countries | 10.8% |
Turkey | 2.2% |
Romania | 2.2% |
South Africa | 3.4% |
Thailand | 3.9% |
Colombia | 4.3% |
Saudi Arabia | 4.8% |
Greece | 5.0% |
India | 5.1% |
Poland | 5.1% |
Czech Republic | 6.0% |
Brazil | 12.0% |
China | 34.0% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Moneta Money Bank | | | 3.0% |
Komercni Banka | | | 2.9% |
OPAP | | | 2.8% |
Chow Tai Fook Jewellery Group | | | 2.8% |
Powszechny Zaklad Ubezpieczen | | | 2.7% |
Inner Mongolia Junzheng Energy & Chemical Industry Group, Cl A | | | 2.6% |
China CITIC Bank, Cl H | | | 2.6% |
HLA Group, Cl A | | | 2.5% |
SCB X NVDR | | | 2.5% |
Santander Bank Polska | | | 2.4% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X SuperDividend® REIT ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X SuperDividend® REIT ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sret/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X SuperDividend® REIT ETF | $29 | 0.58% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $180,989,305 | 31 | $557,129 | 42.42% |
|---|
What did the Fund invest in?
Asset/Country WeightingsFootnote Reference*
Value | Value |
|---|
Futures Contracts | 0.0% |
South Africa | 3.5% |
Canada | 3.5% |
Hong Kong | 3.7% |
United Kingdom | 3.7% |
Singapore | 16.9% |
United States | 68.0% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
LondonMetric Property | | | 3.7% |
Link REIT | | | 3.7% |
CapitaLand Integrated Commercial Trust | | | 3.7% |
WP Carey | | | 3.7% |
SmartCentres Real Estate Investment Trust, | | | 3.5% |
Realty Income | | | 3.5% |
CapitaLand Ascendas REIT | | | 3.4% |
Growthpoint Properties | | | 3.4% |
Omega Healthcare Investors | | | 3.4% |
Frasers Logistics & Commercial Trust, | | | 3.4% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X Renewable Energy Producers ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Renewable Energy Producers ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/rnrg. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Renewable Energy Producers ETF | $31 | 0.65% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $22,637,589 | 42 | $88,498 | 16.53% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Rights | 0.0% |
Energy | 0.8% |
Industrials | 2.2% |
Repurchase Agreements | 3.4% |
Utilities | 96.6% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Centrais Eletricas Brasileiras | | | 8.2% |
Orsted | | | 6.9% |
EDP Renovaveis | | | 6.5% |
Verbund | | | 6.3% |
Meridian Energy | | | 6.2% |
Engie Brasil Energia | | | 5.8% |
Brookfield Renewable Partners, Cl A | | | 5.2% |
Ormat Technologies | | | 4.7% |
Mercury NZ | | | 4.5% |
Contact Energy | | | 4.5% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P 500® Catholic Values ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P 500® Catholic Values ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/cath/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P 500® Catholic Values ETF | $14 | 0.29% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $869,663,035 | 439 | $1,320,132 | 3.07% |
|---|
What did the Fund invest in?
Sector WeightingsFootnote Reference*
Value | Value |
|---|
Materials | 2.0% |
Real Estate | 2.3% |
Utilities | 2.6% |
Energy | 3.1% |
Consumer Staples | 6.1% |
Industrials | 8.5% |
Communication Services | 9.3% |
Consumer Discretionary | 10.3% |
Health Care | 11.2% |
Financials | 14.2% |
Information Technology | 30.3% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Apple | | | 6.9% |
Microsoft | | | 6.3% |
NVIDIA | | | 5.8% |
Tesla | | | 2.7% |
Meta Platforms, Cl A | | | 2.5% |
Alphabet, Cl A | | | 2.0% |
Broadcom | | | 1.9% |
JPMorgan Chase | | | 1.7% |
Alphabet, Cl C | | | 1.6% |
Costco Wholesale | | | 1.5% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X MSCI SuperDividend® EAFE ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X MSCI SuperDividend® EAFE ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/efas/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X MSCI SuperDividend® EAFE ETF | $30 | 0.55% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $11,669,083 | 50 | $24,586 | 10.34% |
|---|
What did the Fund invest in?
Country WeightingsFootnote Reference*
Value | Value |
|---|
Other Countries | 8.5% |
Switzerland | 2.2% |
Finland | 3.1% |
Australia | 3.2% |
Japan | 4.0% |
Netherlands | 4.1% |
Germany | 4.8% |
Norway | 7.6% |
Spain | 8.4% |
France | 10.9% |
Hong Kong | 12.2% |
Italy | 13.0% |
United Kingdom | 16.6% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Imperial Brands | | | 3.1% |
ACS Actividades de Construccion y Servicios | | | 2.8% |
Banco BPM | | | 2.6% |
Hongkong Land Holdings | | | 2.6% |
British American Tobacco PLC | | | 2.5% |
Poste Italiane | | | 2.5% |
Klepierre | | | 2.4% |
Generali | | | 2.4% |
Telenor | | | 2.4% |
CaixaBank | | | 2.3% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X E-commerce ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/ebiz/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X E-commerce ETF | $25 | 0.50% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $65,996,084 | 45 | $167,105 | 10.85% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Financials | 0.5% |
Consumer Staples | 2.9% |
Real Estate | 4.1% |
Repurchase Agreements | 4.2% |
Industrials | 7.3% |
Information Technology | 8.5% |
Communication Services | 10.9% |
Consumer Discretionary | 65.7% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Alibaba Group Holding ADR | | | 5.9% |
MercadoLibre | | | 5.1% |
Sea ADR | | | 4.9% |
Carvana, Cl A | | | 4.6% |
RB Global | | | 4.6% |
Booking Holdings | | | 4.3% |
PDD Holdings ADR | | | 4.2% |
eBay | | | 4.2% |
NetEase ADR | | | 4.2% |
Rakuten Group | | | 4.2% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P Catholic Values Developed ex-U.S. ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P Catholic Values Developed ex-U.S. ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/cefa/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P Catholic Values Developed ex-U.S. ETF | $18 | 0.35% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $22,599,300 | 363 | $30,143 | 5.78% |
|---|
What did the Fund invest in?
Sector WeightingsFootnote Reference*
Value | Value |
|---|
Rights | 0.0% |
Real Estate | 1.2% |
Utilities | 3.2% |
Energy | 3.8% |
Communication Services | 4.6% |
Materials | 5.1% |
Information Technology | 8.8% |
Consumer Staples | 8.9% |
Consumer Discretionary | 11.0% |
Health Care | 12.9% |
Industrials | 16.2% |
Financials | 23.6% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
EssilorLuxottica | | | 2.4% |
CSL | | | 2.2% |
SAP | | | 2.0% |
Toyota Motor | | | 1.8% |
Unilever PLC | | | 1.8% |
ASML Holding | | | 1.8% |
Siemens | | | 1.6% |
Alcon | | | 1.4% |
HSBC Holdings | | | 1.3% |
Shell | | | 1.3% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X NASDAQ 100® Tail Risk ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X NASDAQ 100® Tail Risk ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/qtr/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X NASDAQ 100® Tail Risk ETF | $12 | 0.25% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,315,499 | 103 | $3,727 | 4.86% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Real Estate | 0.2% |
Financials | 0.4% |
Energy | 0.5% |
Purchased Options | 1.1% |
Materials | 1.4% |
Utilities | 1.5% |
Industrials | 4.9% |
Health Care | 5.6% |
Consumer Staples | 6.1% |
Consumer Discretionary | 13.6% |
Communication Services | 15.5% |
Information Technology | 49.1% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Apple | | | 8.7% |
Microsoft | | | 8.0% |
NVIDIA | | | 7.3% |
Amazon.com | | | 5.4% |
Broadcom | | | 4.1% |
Netflix | | | 3.3% |
Meta Platforms, Cl A | | | 3.3% |
Costco Wholesale | | | 3.0% |
Tesla | | | 2.8% |
Alphabet, Cl A | | | 2.5% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X NASDAQ 100® Collar 95-110 ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X NASDAQ 100® Collar 95-110 ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/qclr/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X NASDAQ 100® Collar 95-110 ETF | $12 | 0.25% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,218,527 | 105 | $2,429 | 6.48% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Written Options | -0.4% |
Real Estate | 0.2% |
Financials | 0.4% |
Energy | 0.5% |
Materials | 1.4% |
Utilities | 1.5% |
Purchased Options | 2.0% |
Industrials | 4.9% |
Health Care | 5.5% |
Consumer Staples | 6.1% |
Consumer Discretionary | 13.5% |
Communication Services | 15.4% |
Information Technology | 48.9% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Apple | | | 8.7% |
Microsoft | | | 8.0% |
NVIDIA | | | 7.3% |
Amazon.com | | | 5.3% |
Broadcom | | | 4.1% |
Meta Platforms, Cl A | | | 3.3% |
Netflix | | | 3.3% |
Costco Wholesale | | | 3.0% |
Tesla | | | 2.8% |
Alphabet, Cl A | | | 2.5% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P 500® Tail Risk ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P 500® Tail Risk ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/xtr/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P 500® Tail Risk ETF | $12 | 0.25% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $1,812,975 | 504 | $2,558 | 1.66% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Purchased Options | 0.9% |
Materials | 2.0% |
Real Estate | 2.2% |
Utilities | 2.5% |
Energy | 3.1% |
Consumer Staples | 6.1% |
Industrials | 8.5% |
Communication Services | 9.2% |
Consumer Discretionary | 10.3% |
Health Care | 10.7% |
Financials | 14.3% |
Information Technology | 30.1% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Apple | | | 6.7% |
Microsoft | | | 6.2% |
NVIDIA | | | 5.6% |
Amazon.com | | | 3.7% |
Meta Platforms, Cl A | | | 2.5% |
Berkshire Hathaway, Cl B | | | 2.1% |
Alphabet, Cl A | | | 1.9% |
Broadcom | | | 1.9% |
Tesla | | | 1.7% |
Alphabet, Cl C | | | 1.6% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P 500® Collar 95-110 ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P 500® Collar 95-110 ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/xclr/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P 500® Collar 95-110 ETF | $13 | 0.25% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,873,936 | 504 | $3,585 | 22.79% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Written Option | -0.1% |
Consumer Discreationary | 0.1% |
Communication Serivces | 0.1% |
Purchased Option | 1.9% |
Materials | 1.9% |
Real Estate | 2.3% |
Utilities | 2.5% |
Energy | 3.1% |
Consumer Staples | 6.0% |
Industrials | 8.5% |
Communication Services | 9.0% |
Consumer Discretionary | 10.0% |
Health Care | 10.6% |
Financials | 14.2% |
Information Technology | 29.8% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Apple | | | 6.6% |
Microsoft | | | 6.1% |
NVIDIA | | | 5.5% |
Amazon.com | | | 3.6% |
Meta Platforms, Cl A | | | 2.5% |
Berkshire Hathaway, Cl B | | | 2.0% |
Alphabet, Cl A | | | 1.9% |
Broadcom | | | 1.9% |
Purchased Option - S&P 500 Index, $5,360, 06/20/25 | | | 1.8% |
Tesla | | | 1.6% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X Disruptive Materials ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Disruptive Materials ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/dmat/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Disruptive Materials ETF | $28 | 0.59% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $3,133,272 | 48 | $14,393 | 15.91% |
|---|
What did the Fund invest in?
Country WeightingsFootnote Reference*
Value | Value |
|---|
Indonesia | 0.5% |
France | 0.8% |
Canada | 2.8% |
Sweden | 3.8% |
Chile | 3.9% |
Japan | 6.0% |
Mexico | 8.3% |
Australia | 11.5% |
United States | 13.1% |
South Africa | 15.7% |
China | 33.2% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
China Northern Rare Earth Group High-Tech, Cl A | | | 4.4% |
Sumitomo Metal Mining | | | 4.3% |
Grupo Mexico, Cl B | | | 4.3% |
Rio Tinto | | | 4.2% |
Zhejiang Huayou Cobalt, Cl A | | | 4.1% |
Southern Copper | | | 4.0% |
Freeport-McMoRan | | | 4.0% |
Anglo American PLC | | | 4.0% |
Antofagasta PLC | | | 3.9% |
Boliden | | | 3.8% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X Russell 2000 ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X Russell 2000 ETF (the "Fund") for the period from November 1, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/rssl/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|
Global X Russell 2000 ETF | $4 | 0.08% |
|---|
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $1,415,840,885 | 1,940 | $594,299 | 4.37% |
|---|
What did the Fund invest in?
Asset/Sector WeightingsFootnote Reference*
Value | Value |
|---|
Right | 0.0% |
Futures Contracts | 0.0% |
Short-Term Investment | 0.8% |
Repurchase Agreement | 1.1% |
Communication Services | 2.5% |
Utilities | 3.3% |
Consumer Staples | 3.3% |
Materials | 3.8% |
Energy | 4.4% |
Real Estate | 6.2% |
Consumer Discretionary | 9.1% |
Information Technology | 12.6% |
Health Care | 17.1% |
Industrials | 17.6% |
Financials | 19.9% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net AssetsFootnote Reference(A) |
|---|
Sprouts Farmers Market | | | 0.7% |
Insmed | | | 0.5% |
FTAI Aviation | | | 0.5% |
Carpenter Technology | | | 0.4% |
Applied Industrial Technologies | | | 0.4% |
SouthState | | | 0.4% |
Mueller Industries | | | 0.4% |
Rocket Lab USA | | | 0.3% |
Halozyme Therapeutics | | | 0.3% |
ExlService Holdings | | | 0.3% |
| Footnote | Description |
Footnote(A) | Short-Term Investments are not shown in the top ten chart. |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X U.S. Electrification ETF
Principal Listing Exchange: Nasdaq
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X U.S. Electrification ETF (the "Fund") for the period from December 17, 2024 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/zap/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investmentFootnote Reference* | Costs paid as a percentage of a $10,000 investment |
|---|
Global X U.S. Electrification ETF | $19 | 0.50% |
|---|
| Footnote | Description |
Footnote* | Costs shown not annualized. If the Fund had been open for the full semi-annual period, costs would have been higher. |
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $58,085,593 | 46 | $97,635 | 8.46% |
|---|
What did the Fund invest in?
Sector WeightingsFootnote Reference*
Value | Value |
|---|
Consumer Discretionary | 0.1% |
Industrials | 19.2% |
Utilities | 80.6% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Vistra | | | 4.4% |
Eaton PLC | | | 4.3% |
Quanta Services | | | 4.3% |
Constellation Energy | | | 4.2% |
AMETEK | | | 4.2% |
Dominion Energy | | | 4.0% |
National Grid ADR | | | 3.9% |
NextEra Energy | | | 3.9% |
Xcel Energy | | | 3.9% |
Ameren | | | 3.9% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P 500 U.S. Market Leaders Top 50 ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P 500 U.S. Market Leaders Top 50 ETF (the "Fund") for the period from April 15, 2025 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/flag/. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investmentFootnote Reference* | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P 500 U.S. Market Leaders Top 50 ETF | $1 | 0.29% |
|---|
| Footnote | Description |
Footnote* | Costs shown not annualized. If the Fund had been open for the full semi-annual period, costs would have been higher. |
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,556,730 | 50 | $276 | 1.13% |
|---|
What did the Fund invest in?
Sector WeightingsFootnote Reference*
Value | Value |
|---|
Energy | 0.4% |
Communication Services | 6.3% |
Industrials | 6.4% |
Consumer Staples | 10.1% |
Financials | 12.0% |
Consumer Discretionary | 15.6% |
Information Technology | 19.7% |
Health Care | 29.4% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Berkshire Hathaway, Cl B | | | 5.3% |
Eli Lilly | | | 5.3% |
AbbVie | | | 5.0% |
Johnson & Johnson | | | 4.9% |
Walmart | | | 4.7% |
Home Depot | | | 4.1% |
Microsoft | | | 4.1% |
Cisco Systems | | | 3.8% |
UnitedHealth Group | | | 3.7% |
Amazon.com | | | 3.7% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
Global X S&P 500 U.S. Revenue Leaders ETF
Principal Listing Exchange: NYSE Arca, Inc.
Semi-Annual Shareholder Report: April 30, 2025
This semi-annual shareholder report contains important information about the Global X S&P 500 U.S. Revenue Leaders ETF (the "Fund") for the period from April 15, 2025 to April 30, 2025. You can find additional information about the Fund at https://www.globalxetfs.com/funds/egle. You can also request this information by contacting us at 1-888-493-8631.
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investmentFootnote Reference* | Costs paid as a percentage of a $10,000 investment |
|---|
Global X S&P 500 U.S. Revenue Leaders ETF | $1 | 0.19% |
|---|
| Footnote | Description |
Footnote* | Costs shown not annualized. If the Fund had been open for the full semi-annual period, costs would have been higher. |
Key Fund Statistics as of April 30, 2025
| Total Net Assets | Number of Portfolio Holdings | Total Advisory Fees Paid | Portfolio Turnover Rate |
|---|
| $2,568,767 | 368 | $181 | 3.22% |
|---|
What did the Fund invest in?
Sector WeightingsFootnote Reference*
Value | Value |
|---|
Materials | 1.1% |
Energy | 2.3% |
Real Estate | 3.3% |
Utilities | 4.1% |
Communication Services | 4.6% |
Consumer Staples | 5.7% |
Industrials | 10.2% |
Consumer Discretionary | 11.2% |
Health Care | 14.2% |
Financials | 16.9% |
Information Technology | 26.3% |
| Footnote | Description |
Footnote* | Percentages are calculated based on total net assets. |
Holding Name | | | Percentage of
Total Net Assets |
|---|
Microsoft | | | 9.4% |
Amazon.com | | | 5.8% |
Berkshire Hathaway, Cl B | | | 3.1% |
Eli Lilly | | | 2.4% |
JPMorgan Chase | | | 2.2% |
Salesforce | | | 1.8% |
Palantir Technologies, Cl A | | | 1.7% |
Cisco Systems | | | 1.6% |
Oracle | | | 1.6% |
Costco Wholesale | | | 1.5% |
For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:
(b) Not applicable.
Item 2. Code of Ethics.
Not applicable for semi-annual report.
Item 3. Audit Committee Financial Expert.
Not applicable for semi-annual report.
Item 4. Principal Accountant Fees and Services.
Not applicable for semi-annual report.
Item 5. Audit Committee of Listed Registrants.
Not applicable for semi-annual report.
Item 6. Schedule of Investments.
(a) The Schedules of Investments and Consolidated Schedules of
Investments are included as part of the financial statements and financial highlights filed under Item 7 of this form.
(b) Not applicable.
Item 7. Financial Statements and Financial Highlights for Open-End
Management Investment Companies.
Financial statements and financial highlights are filed herein.
Global X Lithium & Battery Tech
ETF (ticker: LIT)
Global X SuperDividend® ETF (ticker: SDIV)
Global X Social Media ETF (ticker: SOCL)
Global X Guru® Index ETF (ticker: GURU)
Global X SuperIncome™ Preferred ETF (ticker: SPFF)
Global X SuperDividend® U.S. ETF (ticker: DIV)
Global X MSCI SuperDividend® Emerging Markets ETF (ticker: SDEM)
Global X SuperDividend® REIT ETF (ticker: SRET)
Global X Renewable Energy Producers ETF (ticker: RNRG)
Global X S&P 500® Catholic Values ETF (ticker: CATH)
Global X MSCI SuperDividend® EAFE ETF (ticker: EFAS)
Global X E-commerce ETF (ticker: EBIZ)
Global X S&P Catholic Values Developed ex-U.S. ETF (ticker: CEFA)
Global X NASDAQ 100® Tail Risk ETF (ticker: QTR)
Global X NASDAQ 100® Collar 95-110 ETF (ticker: QCLR)
Global X S&P 500® Tail Risk ETF (ticker: XTR)
Global X S&P 500® Collar 95-110 ETF (ticker: XCLR)
Global X Disruptive Materials ETF (ticker: DMAT)
Global X Russell 2000 ETF (ticker: RSSL)
Global X U.S. Electrification ETF (ticker: ZAP)
Global X S&P 500 U.S. Market Leaders Top 50 ETF (ticker: FLAG)
Global X S&P 500 U.S. Revenue Leaders ETF (ticker: EGLE)
Semi-Annual Financials and Other Information
April 30, 2025
Table of Contents
Shares are bought and sold at market price (not net asset value
(“NAV”)) and are not individually redeemed from the Fund. Shares may only be redeemed directly from the Fund by Authorized
Participants, in very large creation/redemption units. Brokerage commissions will reduce returns.
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.2% | |
| | | |
| | |
| AUSTRALIA — 9.0% | |
| | | |
| | |
| Materials — 9.0% | |
| | | |
| | |
| ESG Minerals *(A) | |
| 397,586 | | |
$ | 31,799 | |
| IGO | |
| 6,354,822 | | |
| 15,939,203 | |
| ioneer * (B) | |
| 16,793,564 | | |
| 1,558,074 | |
| Liontown Resources * (B) | |
| 13,434,643 | | |
| 4,512,971 | |
| Mineral Resources * | |
| 1,598,288 | | |
| 21,056,614 | |
| Pilbara Minerals * | |
| 27,793,511 | | |
| 26,764,372 | |
| Sayona Mining * (B) | |
| 91,970,049 | | |
| 1,118,091 | |
| Vulcan Energy Resources * (B) | |
| 1,292,887 | | |
| 4,012,171 | |
| | |
| | | |
| | |
| TOTAL AUSTRALIA | |
| | | |
| 74,993,295 | |
| BRAZIL — 0.5% | |
| | | |
| | |
| Materials — 0.5% | |
| | | |
| | |
| Sigma Lithium * (B) | |
| 550,330 | | |
| 4,424,653 | |
| | |
| | | |
| | |
| CANADA — 1.4% | |
| | | |
| | |
| Materials — 1.4% | |
| | | |
| | |
| Lithium Americas * (B) | |
| 1,711,367 | | |
| 4,906,257 | |
| Lithium Americas Argentina * (B) | |
| 1,217,560 | | |
| 2,503,345 | |
| Patriot Battery Metals * (B) | |
| 1,184,068 | | |
| 2,031,594 | |
| Standard Lithium * (B) | |
| 1,455,445 | | |
| 2,149,503 | |
| | |
| | | |
| | |
| TOTAL CANADA | |
| | | |
| 11,590,699 | |
| CHILE — 5.5% | |
| | | |
| | |
| Materials — 5.5% | |
| | | |
| | |
| Sociedad Quimica y Minera de Chile ADR (B) | |
| 1,345,025 | | |
| 45,999,855 | |
| | |
| | | |
| | |
| CHINA — 41.4% | |
| | | |
| | |
| Consumer Discretionary — 3.9% | |
| | | |
| | |
| BYD, Cl H | |
| 675,674 | | |
| 32,255,860 | |
| | |
| | | |
| | |
| Industrials — 16.2% | |
| | | |
| | |
| Contemporary Amperex Technology, Cl A | |
| 1,026,909 | | |
| 32,685,672 | |
| Eve Energy, Cl A | |
| 5,752,988 | | |
| 32,493,641 | |
| Jiangxi Special Electric Motor, Cl A * | |
| 12,623,840 | | |
| 12,114,943 | |
| Sunwoda Electronic, Cl A | |
| 12,579,591 | | |
| 32,896,637 | |
The accompanying notes are an integral
part of the financial statements.
1
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Wuxi Lead Intelligent Equipment, Cl A | |
| 9,001,739 | | |
$ | 24,654,161 | |
| | |
| | | |
| 134,845,054 | |
| Information Technology — 3.6% | |
| | | |
| | |
| NAURA Technology Group, Cl A | |
| 493,341 | | |
| 30,588,607 | |
| | |
| | | |
| | |
| Materials — 17.7% | |
| | | |
| | |
| Ganfeng Lithium Group, Cl A | |
| 7,528,700 | | |
| 31,002,113 | |
| Guangzhou Tinci Materials Technology, Cl A | |
| 10,362,285 | | |
| 24,904,133 | |
| Shanghai Putailai New Energy Technology, Cl A | |
| 9,077,115 | | |
| 20,979,253 | |
| Sinomine Resource Group, Cl A | |
| 4,682,586 | | |
| 18,760,732 | |
| Tianqi Lithium, Cl A | |
| 8,382,688 | | |
| 33,204,812 | |
| Yunnan Energy New Material, Cl A | |
| 4,837,759 | | |
| 18,424,617 | |
| | |
| | | |
| 147,275,660 | |
| TOTAL CHINA | |
| | | |
| 344,965,181 | |
| FRANCE — 0.5% | |
| | | |
| | |
| Materials — 0.5% | |
| | | |
| | |
| Eramet (B) | |
| 80,390 | | |
| 4,441,235 | |
| | |
| | | |
| | |
| JAPAN — 8.5% | |
| | | |
| | |
| Consumer Discretionary — 4.2% | |
| | | |
| | |
| Panasonic Holdings | |
| 3,047,760 | | |
| 35,062,915 | |
| | |
| | | |
| | |
| Information Technology — 4.3% | |
| | | |
| | |
| TDK | |
| 3,329,190 | | |
| 35,511,515 | |
| | |
| | | |
| | |
| TOTAL JAPAN | |
| | | |
| 70,574,430 | |
| NETHERLANDS — 0.6% | |
| | | |
| | |
| Materials — 0.6% | |
| | | |
| | |
| AMG Critical Materials (B) | |
| 283,549 | | |
| 5,044,381 | |
| | |
| | | |
| | |
| SOUTH KOREA — 12.3% | |
| | | |
| | |
| Industrials — 8.8% | |
| | | |
| | |
| Ecopro * | |
| 456,166 | | |
| 32,571,825 | |
| L&F * | |
| 234,627 | | |
| 10,695,624 | |
The accompanying notes are an integral
part of the financial statements.
2
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| LG Energy Solution * | |
| 131,426 | | |
$ | 30,001,925 | |
| | |
| | | |
| 73,269,374 | |
| Information Technology — 3.5% | |
| | | |
| | |
| Samsung SDI | |
| 230,981 | | |
| 28,598,422 | |
| | |
| | | |
| | |
| TOTAL SOUTH KOREA | |
| | | |
| 101,867,796 | |
| UNITED STATES — 19.5% | |
| | | |
| | |
| Consumer Discretionary — 7.9% | |
| | | |
| | |
| Lucid Group * (B) | |
| 11,241,910 | | |
| 28,217,194 | |
| Tesla * | |
| 131,158 | | |
| 37,007,541 | |
| | |
| | | |
| 65,224,735 | |
| Industrials — 3.8% | |
| | | |
| | |
| EnerSys | |
| 366,243 | | |
| 31,716,644 | |
| | |
| | | |
| | |
| Materials — 7.8% | |
| | | |
| | |
| Albemarle | |
| 1,108,751 | | |
| 64,917,371 | |
| | |
| | | |
| | |
| TOTAL UNITED STATES | |
| | | |
| 161,858,750 | |
TOTAL COMMON STOCK
(Cost $1,238,489,850) | |
| | | |
| 825,760,275 | |
| | |
| | | |
| | |
| | |
Number of
Rights | | |
| | |
| RIGHT — 0.1% | |
| | | |
| | |
| South Korea — 0.1% | |
| | | |
| | |
Samsung SDI
Expires 05/25/2025 | |
| 23,712 | | |
| 574,660 | |
| | |
| | | |
| | |
TOTAL RIGHT
(Cost $–) | |
| | | |
| 574,660 | |
The accompanying notes are an integral
part of the financial statements.
3
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(C) — 4.4% | |
| | | |
| | |
Bank of America Securities, Inc.
4.380%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,816,920 (collateralized by various U.S. Government Obligations, ranging in par value $4,577 - $1,316,853, 2.000% - 6.000%, 05/01/2036 - 04/01/2055, with a total market value of $2,861,266) | |
$ | 2,816,577 | | |
$ | 2,816,577 | |
Citigroup Global Markets, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $8,654,650 (collateralized by various U.S. Treasury Obligations, ranging in par value $415,987 - $4,929,630, 4.000% - 4.250%, 01/31/2029 - 11/15/2034, with a total market value of $8,703,532) | |
| 8,653,602 | | |
| 8,653,602 | |
Daiwa Capital Markets America, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $7,105,073 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $526 - $1,480,663, 1.500% - 7.500%, 04/30/2027 - 05/01/2055, with a total market value of $7,216,846) | |
| 7,104,211 | | |
| 7,104,211 | |
HSBC Securities USA, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $3,608,864 (collateralized by various U.S. Treasury Obligations, ranging in par value $14,904 - $4,379,787, 0.000% - 3.625%, 04/15/2028 - 11/15/2054, with a total market value of $3,677,872) | |
| 3,608,426 | | |
| 3,608,426 | |
HSBC Securities USA, Inc.
4.380%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $5,045,790 (collateralized by various U.S. Government Obligations, ranging in par value $605 - $1,995,102, 1.170% - 6.500%, 05/01/2028 - 04/01/2055, with a total market value of $5,130,040) | |
| 5,045,176 | | |
| 5,045,176 | |
The accompanying notes are an integral
part of the financial statements.
4
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(C) — continued | |
| | | |
| | |
Natwest Markets Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $4,744,126 (collateralized by various U.S. Treasury Obligations, ranging in par value $846 - $970,258, 0.000% - 5.500%, 06/03/2025 - 02/15/2046, with a total market value of $4,801,530) | |
$ | 4,743,552 | | |
$ | 4,743,552 | |
Nomura Securities International, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $1,793,696 (collateralized by various U.S. Government Obligations, ranging in par value $1,051 - $669,180, 2.000% - 6.848%, 10/01/2030 - 01/01/2059, with a total market value of $1,823,533) | |
| 1,793,479 | | |
| 1,793,479 | |
RBC Dominion Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $3,059,188 (collateralized by various U.S. Government Obligations, ranging in par value $386 - $5,184,223, 2.000% - 7.500%, 01/01/2034 - 09/15/2059, with a total market value of $3,109,679) | |
| 3,058,817 | | |
| 3,058,817 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $36,823,840) | |
| | | |
| 36,823,840 | |
TOTAL INVESTMENTS — 103.7%
(Cost $1,275,313,690) | |
| | | |
$ | 863,158,775 | |
Percentages are based on Net Assets of $832,580,474.
| * |
Non-income producing security. |
| (A) |
Level 3 security in accordance with fair value hierarchy. |
| (B) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities
on loan at April 30, 2025 was $39,949,292. |
| (C) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities
as of April 30, 2025 was $36,823,840. The total value of non-cash collateral held from securities on loan as of April 30,
2025 was $6,039,462. |
The accompanying notes are an integral
part of the financial statements.
5
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Lithium &
Battery Tech ETF |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3(1) | | |
Total | |
| Common Stock | |
$ | 825,728,476 | | |
$ | — | | |
$ | 31,799 | | |
$ | 825,760,275 | |
| Right | |
| 574,660 | | |
| — | | |
| — | | |
| 574,660 | |
| Repurchase Agreements | |
| — | | |
| 36,823,840 | | |
| — | | |
| 36,823,840 | |
| Total Investments in Securities | |
$ | 826,303,136 | | |
$ | 36,823,840 | | |
$ | 31,799 | | |
$ | 863,158,775 | |
| (1) |
A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented
when the Fund has a significant amount of Level 3 investments at the end of the period in relation to Net Assets. Management
has concluded that Level 3 investments are not material in relation to Net Assets. |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
6
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 97.1% | |
| | | |
| | |
| AUSTRALIA — 1.1% | |
| | | |
| | |
| Industrials — 1.1% | |
| | | |
| | |
| McMillan Shakespeare | |
| 907,446 | | |
$ | 8,883,608 | |
| | |
| | | |
| | |
| BELGIUM — 1.4% | |
| | | |
| | |
| Communication Services — 1.4% | |
| | | |
| | |
| Proximus | |
| 1,407,604 | | |
| 10,832,646 | |
| | |
| | | |
| | |
| BRAZIL — 6.5% | |
| | | |
| | |
| Consumer Discretionary — 1.0% | |
| | | |
| | |
| Vulcabras | |
| 2,662,660 | | |
| 7,901,347 | |
| | |
| | | |
| | |
| Consumer Staples — 1.5% | |
| | | |
| | |
| Marfrig Global Foods | |
| 3,130,400 | | |
| 11,877,096 | |
| | |
| | | |
| | |
| Energy — 0.8% | |
| | | |
| | |
| Petroreconcavo S | |
| 2,911,100 | | |
| 6,602,346 | |
| | |
| | | |
| | |
| Materials — 3.2% | |
| | | |
| | |
| Cia Siderurgica Nacional | |
| 5,175,200 | | |
| 8,501,318 | |
| CSN Mineracao | |
| 8,252,700 | | |
| 8,950,362 | |
| Vale | |
| 814,400 | | |
| 7,603,982 | |
| | |
| | | |
| 25,055,662 | |
| TOTAL BRAZIL | |
| | | |
| 51,436,451 | |
| CANADA — 1.8% | |
| | | |
| | |
| Energy — 0.9% | |
| | | |
| | |
| Cardinal Energy (A) | |
| 1,747,817 | | |
| 7,263,064 | |
| | |
| | | |
| | |
| Real Estate — 0.9% | |
| | | |
| | |
| Allied Properties Real Estate Investment Trust ‡ | |
| 656,695 | | |
| 7,292,913 | |
| | |
| | | |
| | |
| TOTAL CANADA | |
| | | |
| 14,555,977 | |
| CHINA — 9.8% | |
| | | |
| | |
| Communication Services — 1.1% | |
| | | |
| | |
| CITIC Telecom International Holdings | |
| 27,053,600 | | |
| 8,233,264 | |
The accompanying notes are an integral
part of the financial statements.
7
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — 1.1% | |
| | | |
| | |
| Sun Art Retail Group | |
| 37,595,100 | | |
$ | 8,968,875 | |
| | |
| | | |
| | |
| Energy — 1.0% | |
| | | |
| | |
| Yankuang Energy Group, Cl H (A) | |
| 7,662,900 | | |
| 8,013,994 | |
| | |
| | | |
| | |
| Financials — 2.3% | |
| | | |
| | |
| Chongqing Rural Commercial Bank, Cl H | |
| 12,738,800 | | |
| 9,774,184 | |
| Far East Horizon (A) | |
| 10,977,600 | | |
| 8,507,792 | |
| | |
| | | |
| 18,281,976 | |
| Industrials — 0.9% | |
| | | |
| | |
| Greentown Management Holdings (A) | |
| 20,627,000 | | |
| 7,075,428 | |
| | |
| | | |
| | |
| Materials — 1.1% | |
| | | |
| | |
| Shougang Fushan Resources Group | |
| 26,138,130 | | |
| 8,291,720 | |
| | |
| | | |
| | |
| Real Estate — 2.3% | |
| | | |
| | |
| C&D International Investment Group (A) | |
| 4,270,300 | | |
| 8,931,908 | |
| Sunac Services Holdings | |
| 37,514,900 | | |
| 8,901,365 | |
| | |
| | | |
| 17,833,273 | |
| TOTAL CHINA | |
| | | |
| 76,698,530 | |
| COLOMBIA — 0.8% | |
| | | |
| | |
| Energy — 0.8% | |
| | | |
| | |
| Ecopetrol ADR (A) | |
| 773,445 | | |
| 6,272,639 | |
| | |
| | | |
| | |
| FRANCE — 1.0% | |
| | | |
| | |
| Real Estate — 1.0% | |
| | | |
| | |
| ICADE ‡ | |
| 328,017 | | |
| 7,793,061 | |
| | |
| | | |
| | |
| GREECE — 3.2% | |
| | | |
| | |
| Consumer Discretionary — 1.3% | |
| | | |
| | |
| OPAP | |
| 446,345 | | |
| 9,929,489 | |
| | |
| | | |
| | |
| Energy — 1.0% | |
| | | |
| | |
| HELLENiQ ENERGY Holdings | |
| 946,070 | | |
| 8,200,277 | |
The accompanying notes are an integral
part of the financial statements.
8
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — 0.9% | |
| | | |
| | |
| Star Bulk Carriers | |
| 492,411 | | |
$ | 7,258,138 | |
| | |
| | | |
| | |
| TOTAL GREECE | |
| | | |
| 25,387,904 | |
| HONG KONG — 9.2% | |
| | | |
| | |
| Communication Services — 1.2% | |
| | | |
| | |
| PCCW | |
| 14,029,500 | | |
| 9,353,362 | |
| | |
| | | |
| | |
| Financials — 2.7% | |
| | | |
| | |
| Bright Smart Securities & Commodities Group | |
| 24,218,000 | | |
| 21,392,613 | |
| | |
| | | |
| | |
| Information Technology — 1.0% | |
| | | |
| | |
| VTech Holdings | |
| 1,120,700 | | |
| 7,543,882 | |
| | |
| | | |
| | |
| Real Estate — 4.3% | |
| | | |
| | |
| Hang Lung Group | |
| 5,749,000 | | |
| 8,258,715 | |
| Hang Lung Properties | |
| 9,763,400 | | |
| 8,020,021 | |
| Hysan Development | |
| 5,153,600 | | |
| 8,413,553 | |
| Kerry Properties | |
| 4,019,600 | | |
| 9,444,223 | |
| | |
| | | |
| 34,136,512 | |
| TOTAL HONG KONG | |
| | | |
| 72,426,369 | |
| INDONESIA — 3.7% | |
| | | |
| | |
| Energy — 2.7% | |
| | | |
| | |
| Adaro Energy | |
| 57,555,900 | | |
| 6,587,723 | |
| Bukit Asam | |
| 47,680,600 | | |
| 7,927,618 | |
| Indo Tambangraya Megah | |
| 5,033,600 | | |
| 6,671,036 | |
| | |
| | | |
| 21,186,377 | |
| Industrials — 1.0% | |
| | | |
| | |
| Astra International | |
| 27,532,300 | | |
| 7,961,147 | |
| | |
| | | |
| | |
| TOTAL INDONESIA | |
| | | |
| 29,147,524 | |
| ISRAEL — 3.7% | |
| | | |
| | |
| Consumer Discretionary — 1.1% | |
| | | |
| | |
| Delta Israel Brands (A) | |
| 387,835 | | |
| 8,740,289 | |
| | |
| | | |
| | |
| Energy — 1.8% | |
| | | |
| | |
| Energean (A) | |
| 632,158 | | |
| 7,447,385 | |
The accompanying notes are an integral
part of the financial statements.
9
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Energy — continued | |
| | | |
| | |
| Oil Refineries | |
| 26,279,119 | | |
$ | 6,585,938 | |
| | |
| | | |
| 14,033,323 | |
| Industrials — 0.8% | |
| | | |
| | |
| ZIM Integrated Shipping Services (A) | |
| 392,587 | | |
| 6,026,210 | |
| | |
| | | |
| | |
| TOTAL ISRAEL | |
| | | |
| 28,799,822 | |
| JERSEY — 1.1% | |
| | | |
| | |
| Energy — 1.1% | |
| | | |
| | |
| Ithaca Energy | |
| 4,728,822 | | |
| 8,425,940 | |
| | |
| | | |
| | |
| LUXEMBOURG — 1.3% | |
| | | |
| | |
| Communication Services — 1.3% | |
| | | |
| | |
| SES, Cl A (A) | |
| 1,916,802 | | |
| 10,149,442 | |
| | |
| | | |
| | |
| NORWAY — 7.5% | |
| | | |
| | |
| Energy — 4.9% | |
| | | |
| | |
| Avance Gas Holding (A) | |
| 1,009,725 | | |
| 380,718 | |
| DNO | |
| 7,661,949 | | |
| 8,798,354 | |
| FLEX LNG (A) | |
| 319,082 | | |
| 7,527,144 | |
| Frontline (A) | |
| 448,619 | | |
| 7,541,285 | |
| SFL, Cl B | |
| 839,894 | | |
| 6,903,929 | |
| Var Energi | |
| 2,585,304 | | |
| 7,122,709 | |
| | |
| | | |
| 38,274,139 | |
| Industrials — 2.6% | |
| | | |
| | |
| Golden Ocean Group (A) | |
| 846,492 | | |
| 6,534,918 | |
| Stolt-Nielsen | |
| 325,395 | | |
| 7,311,225 | |
| Wallenius Wilhelmsen, Cl B | |
| 895,768 | | |
| 6,456,989 | |
| | |
| | | |
| 20,303,132 | |
| TOTAL NORWAY | |
| | | |
| 58,577,271 | |
| RUSSIA — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Magnitogorsk Iron & Steel Works PJSC (B) | |
| 6,332,020 | | |
| — | |
| PhosAgro PJSC GDR *(B) | |
| 119 | | |
| — | |
The accompanying notes are an integral
part of the financial statements.
10
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| Severstal PAO (B) | |
| 312,897 | | |
$ | — | |
| | |
| | | |
| — | |
| Utilities — 0.0% | |
| | | |
| | |
| Unipro PJSC *(B) | |
| 209,143,887 | | |
| — | |
| | |
| | | |
| | |
| TOTAL RUSSIA | |
| | | |
| — | |
| SINGAPORE — 3.0% | |
| | | |
| | |
| Energy — 2.0% | |
| | | |
| | |
| BW LPG (A) | |
| 880,721 | | |
| 8,781,774 | |
| Hafnia (A) | |
| 1,522,097 | | |
| 7,023,403 | |
| | |
| | | |
| 15,805,177 | |
| Utilities — 1.0% | |
| | | |
| | |
| Kenon Holdings | |
| 240,841 | | |
| 7,412,427 | |
| | |
| | | |
| | |
| TOTAL SINGAPORE | |
| | | |
| 23,217,604 | |
| SOUTH AFRICA — 3.1% | |
| | | |
| | |
| Energy — 1.0% | |
| | | |
| | |
| Exxaro Resources | |
| 906,781 | | |
| 7,408,739 | |
| | |
| | | |
| | |
| Real Estate — 2.1% | |
| | | |
| | |
| Growthpoint Properties ‡ | |
| 11,960,186 | | |
| 8,401,458 | |
| Redefine Properties ‡ | |
| 33,097,491 | | |
| 8,218,228 | |
| | |
| | | |
| 16,619,686 | |
| TOTAL SOUTH AFRICA | |
| | | |
| 24,028,425 | |
| SOUTH KOREA — 0.9% | |
| | | |
| | |
| Consumer Discretionary — 0.9% | |
| | | |
| | |
| Hana Tour Service | |
| 203,617 | | |
| 7,434,205 | |
| | |
| | | |
| | |
| SPAIN — 2.3% | |
| | | |
| | |
| Consumer Discretionary — 1.1% | |
| | | |
| | |
| Neinor Homes | |
| 480,668 | | |
| 8,370,846 | |
The accompanying notes are an integral
part of the financial statements.
11
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — 1.2% | |
| | | |
| | |
| Enagas | |
| 618,546 | | |
$ | 9,682,140 | |
| | |
| | | |
| | |
| TOTAL SPAIN | |
| | | |
| 18,052,986 | |
| THAILAND — 0.9% | |
| | | |
| | |
| Real Estate — 0.9% | |
| | | |
| | |
| Sansiri NVDR | |
| 163,460,600 | | |
| 6,801,683 | |
| | |
| | | |
| | |
| TÜRKIYE — 1.7% | |
| | | |
| | |
| Energy — 0.9% | |
| | | |
| | |
| Turkiye Petrol Rafinerileri | |
| 2,130,953 | | |
| 6,909,297 | |
| | |
| | | |
| | |
| Industrials — 0.8% | |
| | | |
| | |
| Turk Traktor ve Ziraat Makineleri | |
| 433,629 | | |
| 6,849,489 | |
| | |
| | | |
| | |
| TOTAL TÜRKIYE | |
| | | |
| 13,758,786 | |
| UNITED KINGDOM — 4.2% | |
| | | |
| | |
| Energy — 0.9% | |
| | | |
| | |
| Serica Energy | |
| 4,368,281 | | |
| 7,433,435 | |
| | |
| | | |
| | |
| Financials — 3.3% | |
| | | |
| | |
| Abrdn PLC | |
| 4,004,076 | | |
| 7,894,020 | |
| M&G PLC | |
| 2,928,806 | | |
| 8,113,513 | |
| Phoenix Group Holdings PLC | |
| 1,226,230 | | |
| 9,786,320 | |
| | |
| | | |
| 25,793,853 | |
| TOTAL UNITED KINGDOM | |
| | | |
| 33,227,288 | |
| UNITED STATES — 28.9% | |
| | | |
| | |
| Consumer Discretionary — 0.6% | |
| | | |
| | |
| Kohl’s (A) | |
| 675,440 | | |
| 4,525,448 | |
| | |
| | | |
| | |
| Energy — 1.9% | |
| | | |
| | |
| DHT Holdings | |
| 708,340 | | |
| 7,572,154 | |
| Nordic American Tankers | |
| 3,002,128 | | |
| 7,685,448 | |
| | |
| | | |
| 15,257,602 | |
| Financials — 20.5% | |
| | | |
| | |
| AGNC Investment ‡ | |
| 758,891 | | |
| 6,701,008 | |
| Annaly Capital Management ‡ | |
| 371,881 | | |
| 7,288,868 | |
The accompanying notes are an integral
part of the financial statements.
12
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Apollo Commercial Real Estate Finance ‡ | |
| 781,876 | | |
$ | 7,326,178 | |
| Arbor Realty Trust ‡ | |
| 574,278 | | |
| 6,621,425 | |
| ARMOUR Residential REIT ‡ | |
| 413,562 | | |
| 6,811,366 | |
| Blackstone Mortgage Trust, Cl A ‡ | |
| 388,310 | | |
| 7,397,306 | |
| BrightSpire Capital, Cl A ‡ | |
| 1,322,718 | | |
| 6,626,817 | |
| Chimera Investment ‡ | |
| 563,960 | | |
| 6,959,266 | |
| Dynex Capital ‡ | |
| 572,542 | | |
| 7,059,443 | |
| Ellington Financial ‡ | |
| 607,747 | | |
| 7,918,943 | |
| Franklin BSP Realty Trust ‡ | |
| 599,614 | | |
| 6,823,607 | |
| Invesco Mortgage Capital ‡ | |
| 899,218 | | |
| 6,591,268 | |
| KKR Real Estate Finance Trust ‡ | |
| 697,524 | | |
| 6,452,097 | |
| MFA Financial ‡ | |
| 741,263 | | |
| 7,279,203 | |
| New York Mortgage Trust ‡ | |
| 1,288,772 | | |
| 7,565,092 | |
| Orchid Island Capital, Cl A ‡ | |
| 900,822 | | |
| 6,440,877 | |
| PennyMac Mortgage Investment Trust ‡ | |
| 573,105 | | |
| 7,358,668 | |
| Ready Capital ‡ | |
| 1,175,942 | | |
| 5,232,942 | |
| Redwood Trust ‡ | |
| 1,241,198 | | |
| 7,707,840 | |
| Rithm Capital ‡ | |
| 658,991 | | |
| 7,367,519 | |
| Starwood Property Trust ‡ | |
| 398,935 | | |
| 7,655,563 | |
| TPG RE Finance Trust ‡ | |
| 909,827 | | |
| 6,951,078 | |
| Two Harbors Investment ‡ | |
| 583,962 | | |
| 6,931,629 | |
| | |
| | | |
| 161,068,003 | |
| Industrials — 0.9% | |
| | | |
| | |
| Genco Shipping & Trading | |
| 542,646 | | |
| 7,032,692 | |
| | |
| | | |
| | |
| Materials — 1.4% | |
| | | |
| | |
| Ardagh Metal Packaging | |
| 3,012,385 | | |
| 11,175,949 | |
| | |
| | | |
| | |
| Real Estate — 3.6% | |
| | | |
| | |
| Brandywine Realty Trust ‡ | |
| 1,625,054 | | |
| 6,435,214 | |
| Easterly Government Properties, Cl A ‡ | |
| 298,444 | | |
| 6,019,615 | |
| Global Medical REIT ‡ | |
| 955,654 | | |
| 7,396,762 | |
| Global Net Lease ‡ | |
| 1,105,378 | | |
| 8,345,604 | |
| | |
| | | |
| 28,197,195 | |
| TOTAL UNITED STATES | |
| | | |
| 227,256,889 | |
TOTAL COMMON STOCK
(Cost $835,866,564) | |
| | | |
| 763,165,050 | |
The accompanying notes are an integral
part of the financial statements.
13
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Shares | | |
Value | |
| PREFERRED STOCK — 1.8% | |
| | | |
| | |
| BRAZIL — 1.8% | |
| | | |
| | |
| Energy — 0.8% | |
| | | |
| | |
| Petroleo Brasileiro (C) | |
| 1,211,500 | | |
$ | 6,417,650 | |
| Utilities — 1.0% | |
| | | |
| | |
| Cia Energetica de Minas Gerais (C) | |
| 3,985,400 | | |
| 7,708,364 | |
| TOTAL BRAZIL | |
| | | |
| 14,126,014 | |
TOTAL PREFERRED STOCK
(Cost $16,896,515) | |
| | | |
| 14,126,014 | |
| | |
| | | |
| | |
| | |
Face Amount | | |
| | |
| REPURCHASE AGREEMENTS(D) — 5.8% | |
| | | |
| | |
Bank of America Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $3,475,809 (collateralized by various U.S. Government Obligations, ranging in par value $5,648 - $1,624,870, 2.000% - 6.000%, 05/01/2036 - 04/01/2055, with a total market value of $3,530,527) | |
$ | 3,475,386 | | |
| 3,475,386 | |
Citigroup Global Markets, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $9,487,756 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $880 - $521,578, 0.000% - 7.500%, 05/15/2030 - 04/01/2055, with a total market value of $1,210,991) | |
| 9,486,607 | | |
| 9,486,607 | |
Citigroup Global Markets, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $1,192,471 (collateralized by various U.S. Treasury Obligations, ranging in par value $456,031 - $5,404,161, 4.000% - 4.250%, 01/31/2029 - 11/15/2034, with a total market value of $9,541,344) | |
| 1,192,326 | | |
| 1,192,326 | |
The accompanying notes are an integral
part of the financial statements.
14
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(D) — continued | |
| | | |
| | |
Daiwa Capital Markets America, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $8,766,979 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $649 - $1,826,996, 1.500% - 7.500%, 04/30/2027 - 05/01/2055, with a total market value of $8,904,896) | |
$ | 8,765,915 | | |
$ | 8,765,915 | |
HSBC Securities USA, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $4,454,211 (collateralized by various U.S. Treasury Obligations, ranging in par value $18,395 - $5,405,716, 0.000% - 3.625%, 04/15/2028 - 11/15/2054, with a total market value of $4,539,383) | |
| 4,453,670 | | |
| 4,453,670 | |
HSBC Securities USA, Inc.
4.380%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $6,226,020 (collateralized by various U.S. Government Obligations, ranging in par value $747 - $2,461,765, 1.170% - 6.500%, 05/01/2028 - 04/01/2055, with a total market value of $6,329,977) | |
| 6,225,263 | | |
| 6,225,263 | |
Natwest Markets Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $5,856,543 (collateralized by various U.S. Treasury Obligations, ranging in par value $1,045 - $1,197,767, 0.000% - 5.500%, 06/03/2025 - 02/15/2046, with a total market value of $5,927,407) | |
| 5,855,834 | | |
| 5,855,834 | |
Nomura Securities International, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,213,249 (collateralized by various U.S. Government Obligations, ranging in par value $1,297 - $825,704, 2.000% - 6.848%, 10/01/2030 - 01/01/2059, with a total market value of $2,250,065) | |
| 2,212,981 | | |
| 2,212,981 | |
The accompanying notes are an integral
part of the financial statements.
15
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(D) — continued | |
| | | |
| | |
RBC Dominion Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $3,774,746 (collateralized by various U.S. Government Obligations, ranging in par value $477 - $6,396,836, 2.000% - 7.500%, 01/01/2034 - 09/15/2059, with a total market value of $3,837,046) | |
$ | 3,774,288 | | |
$ | 3,774,288 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $45,442,270) | |
| | | |
| 45,442,270 | |
TOTAL INVESTMENTS — 104.7%
(Cost $898,205,349) | |
| | | |
$ | 822,733,334 | |
Percentages are based on Net Assets of $785,951,108.
A list of the open futures contracts held by the Fund at
April 30, 2025, is as follows:
| Type of Contract | |
|
Number of
Contracts | | |
Expiration
Date | |
Notional Amount | | |
Value | | |
Unrealized
Appreciation | |
| Long Contracts | |
| | | |
| |
| | | |
| | | |
| | |
| MSCI EAFE Index | |
| 62 | | |
Jun-2025 | |
$ | 7,273,019 | | |
$ | 7,733,570 | | |
$ | 460,551 | |
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities
on loan at April 30, 2025 was $45,628,773. |
| (B) |
Level 3 security in accordance with fair value hierarchy. |
| (C) |
There is currently no stated interest rate. |
| (D) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities
as of April 30, 2025 was $45,442,270. The total value of non-cash collateral held from securities on loan as of April 30,
2025 was $3,941,659. |
The accompanying notes are an integral
part of the financial statements.
16
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
ETF |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3(1) | | |
Total | |
| Common Stock | |
$ | 740,426,396 | | |
$ | 22,738,654 | | |
$ | —^ | | |
$ | 763,165,050 | |
| Preferred Stock | |
| 14,126,014 | | |
| — | | |
| — | | |
| 14,126,014 | |
| Repurchase Agreements | |
| — | | |
| 45,442,270 | | |
| — | | |
| 45,442,270 | |
| Total Investments in Securities | |
$ | 754,552,410 | | |
$ | 68,180,924 | | |
$ | — | | |
$ | 822,733,334 | |
| | |
| | | |
| | | |
| | | |
| | |
| Other Financial Instruments | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Futures Contracts* | |
| | | |
| | | |
| | | |
| | |
| Unrealized Appreciation | |
$ | 460,551 | | |
$ | — | | |
$ | — | | |
$ | 460,551 | |
| Total Other Financial Instruments | |
$ | 460,551 | | |
$ | — | | |
$ | — | | |
$ | 460,551 | |
| * |
Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
| ^ |
Includes Securities in which the fair value is $0 or has been rounded to $0. |
| (1) |
A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund
has a significant amount of Level 3 investments at the end of the period in relation to Net Assets. Management has concluded
that Level 3 investments are not material in relation to Net Assets. |
Amounts designated as “—” are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
17
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Social Media ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.6% | |
| | | |
| | |
| CHINA — 35.8% | |
| | | |
| | |
| Communication Services — 35.5% | |
| | | |
| | |
| Baidu ADR * (A) | |
| 60,160 | | |
$ | 5,283,251 | |
| Bilibili ADR * (A) | |
| 139,767 | | |
| 2,445,923 | |
| DouYu International Holdings ADR | |
| 6,409 | | |
| 47,747 | |
| Hello Group ADR | |
| 65,009 | | |
| 371,201 | |
| HUYA ADR | |
| 35,493 | | |
| 133,454 | |
| Inkeverse Group | |
| 437,000 | | |
| 82,275 | |
| JOYY ADR | |
| 12,905 | | |
| 531,170 | |
| Kuaishou Technology, Cl B * | |
| 1,264,988 | | |
| 8,417,267 | |
| Meitu (A) | |
| 1,432,700 | | |
| 1,010,596 | |
| NetEase ADR | |
| 51,632 | | |
| 5,527,722 | |
| Newborn Town * | |
| 270,300 | | |
| 284,776 | |
| Tencent Holdings | |
| 184,427 | | |
| 11,349,061 | |
| Tencent Music Entertainment Group ADR | |
| 354,876 | | |
| 4,762,436 | |
| Weibo ADR (A) | |
| 40,479 | | |
| 327,880 | |
| | |
| | | |
| 40,574,759 | |
| Consumer Staples — 0.3% | |
| | | |
| | |
| East Buy Holding * | |
| 200,000 | | |
| 312,584 | |
| | |
| | | |
| | |
| TOTAL CHINA | |
| | | |
| 40,887,343 | |
| GERMANY — 0.7% | |
| | | |
| | |
| Communication Services — 0.7% | |
| | | |
| | |
| United Internet | |
| 35,210 | | |
| 796,097 | |
| | |
| | | |
| | |
| JAPAN — 5.2% | |
| | | |
| | |
| Communication Services — 5.2% | |
| | | |
| | |
| Anycolor | |
| 13,100 | | |
| 339,806 | |
| DeNA * (A) | |
| 35,196 | | |
| 951,210 | |
| giftee | |
| 8,724 | | |
| 94,555 | |
| Gree | |
| 27,637 | | |
| 104,046 | |
| Kakaku.com | |
| 58,847 | | |
| 1,043,767 | |
| MIXI | |
| 15,689 | | |
| 348,669 | |
| Nexon (A) | |
| 196,194 | | |
| 3,087,882 | |
| | |
| | | |
| | |
| TOTAL JAPAN | |
| | | |
| 5,969,935 | |
The accompanying notes are an integral
part of the financial statements.
18
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Social Media ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| SINGAPORE — 0.4% | |
| | | |
| | |
| Communication Services — 0.4% | |
| | | |
| | |
| Grindr * | |
| 21,562 | | |
$ | 473,717 | |
| | |
| | | |
| | |
| SOUTH KOREA — 12.4% | |
| | | |
| | |
| Communication Services — 12.4% | |
| | | |
| | |
| Com2uSCorp | |
| 4,236 | | |
| 117,261 | |
| Kakao | |
| 147,689 | | |
| 3,974,044 | |
| NAVER | |
| 69,057 | | |
| 9,740,365 | |
| SOOP | |
| 5,064 | | |
| 292,476 | |
| | |
| | | |
| | |
| TOTAL SOUTH KOREA | |
| | | |
| 14,124,146 | |
| UNITED ARAB EMIRATES — 0.3% | |
| | | |
| | |
| Communication Services — 0.3% | |
| | | |
| | |
| Yalla Group ADR * | |
| 43,395 | | |
| 332,840 | |
| | |
| | | |
| | |
| UNITED KINGDOM — 0.4% | |
| | | |
| | |
| Communication Services — 0.4% | |
| | | |
| | |
| Trustpilot Group * | |
| 161,864 | | |
| 483,860 | |
| | |
| | | |
| | |
| UNITED STATES — 44.4% | |
| | | |
| | |
| Communication Services — 42.0% | |
| | | |
| | |
| Alphabet, Cl A | |
| 32,237 | | |
| 5,119,236 | |
| Angi, Cl A * | |
| 21,476 | | |
| 246,115 | |
| Bumble, Cl A * | |
| 34,371 | | |
| 145,046 | |
| IAC * | |
| 32,271 | | |
| 1,127,549 | |
| Match Group | |
| 110,355 | | |
| 3,273,129 | |
| Meta Platforms, Cl A | |
| 20,318 | | |
| 11,154,582 | |
| Nextdoor Holdings * | |
| 91,582 | | |
| 134,625 | |
| Pinterest, Cl A * | |
| 283,444 | | |
| 7,176,802 | |
| Reddit, Cl A * | |
| 53,422 | | |
| 6,227,403 | |
| Rumble * (A) | |
| 102,347 | | |
| 790,119 | |
| Snap, Cl A * | |
| 529,071 | | |
| 4,211,405 | |
| Spotify Technology * | |
| 9,338 | | |
| 5,733,345 | |
| Trump Media & Technology Group * (A) | |
| 49,651 | | |
| 1,218,436 | |
| Vimeo * | |
| 67,585 | | |
| 340,628 | |
The accompanying notes are an integral
part of the financial statements.
19
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Social Media ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Yelp, Cl A * | |
| 30,762 | | |
$ | 1,079,131 | |
| | |
| | | |
| 47,977,551 | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| Groupon, Cl A * (A) | |
| 10,175 | | |
| 185,287 | |
| | |
| | | |
| | |
| Industrials — 0.3% | |
| | | |
| | |
| Fiverr International * | |
| 14,681 | | |
| 373,631 | |
| | |
| | | |
| | |
| Information Technology — 2.0% | |
| | | |
| | |
| Life360, CDI * | |
| 99,225 | | |
| 1,392,948 | |
| Sprinklr, Cl A * | |
| 48,671 | | |
| 374,280 | |
| Sprout Social, Cl A * | |
| 23,835 | | |
| 498,390 | |
| | |
| | | |
| 2,265,618 | |
| TOTAL UNITED STATES | |
| | | |
| 50,802,087 | |
TOTAL COMMON STOCK
(Cost $153,298,666) | |
| | | |
| 113,870,025 | |
| | |
| | |
| | |
| | |
Face Amount | | |
| | |
| REPURCHASE AGREEMENTS(B) — 2.4% | |
| | | |
| | |
Bank of America Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $639,058 (collateralized by various U.S. Treasury Obligations, ranging in par value $146,515 - $727,610, 0.000% - 0.000%, 08/15/2031 - 11/15/2036, with a total market value of $651,760) | |
$ | 638,980 | | |
| 638,980 | |
Citigroup Global Markets, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $163,164 (collateralized by various U.S. Treasury Obligations, ranging in par value $7,843 - $92,937, 4.000% - 4.250%, 01/31/2029 - 11/15/2034, with a total market value of $164,085) | |
| 163,144 | | |
| 163,144 | |
The accompanying notes are an integral
part of the financial statements.
20
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Social Media ETF |
|
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(B) — continued | |
| | | |
| | |
Deutsche Bank Securities, Inc.
4.350%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $639,057 (collateralized by various U.S. Treasury Obligations, ranging in par value $28,025 - $631,891, 3.875% - 4.000%, 07/31/2029 - 08/15/2034, with a total market value of $646,479) | |
$ | 638,980 | | |
$ | 638,980 | |
Mizuho Securities USA LLC
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $639,057 (collateralized by various U.S. Treasury Obligations, ranging in par value $22,685 - $327,644, 0.750% - 3.500%, 11/15/2025 - 02/15/2033, with a total market value of $647,452) | |
| 638,980 | | |
| 638,980 | |
RBC Dominion Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $639,057 (collateralized by various U.S. Treasury Obligations, ranging in par value $258 - $299,938, 0.000% - 4.250%, 04/15/2026 - 08/15/2046, with a total market value of $649,410) | |
| 638,980 | | |
| 638,980 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $2,719,064) | |
| | | |
| 2,719,064 | |
TOTAL INVESTMENTS — 102.0%
(Cost $156,017,730) | |
| | | |
$ | 116,589,089 | |
Percentages are based on Net Assets of $114,309,262.
| * |
Non-income producing security. |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $6,555,102. |
| (B) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $2,719,064. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $3,952,998. |
The accompanying notes are an integral
part of the financial statements.
21
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Social Media ETF |
|
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 113,870,025 | | |
$ | — | | |
$ | — | | |
$ | 113,870,025 | |
| Repurchase Agreements | |
| — | | |
| 2,719,064 | | |
| — | | |
| 2,719,064 | |
| Total Investments in Securities | |
$ | 113,870,025 | | |
$ | 2,719,064 | | |
$ | — | | |
$ | 116,589,089 | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
22
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Guru® Index ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — 100.0% | |
| | | |
| | |
| CHINA — 1.3% | |
| | | |
| | |
| Consumer Discretionary — 1.3% | |
| | | |
| | |
| Alibaba Group Holding ADR | |
| 4,650 | | |
$ | 555,349 | |
| | |
| | | |
| | |
| IRELAND — 1.4% | |
| | | |
| | |
| Industrials — 1.4% | |
| | | |
| | |
| AerCap Holdings | |
| 5,758 | | |
| 610,348 | |
| | |
| | | |
| | |
| NETHERLANDS — 1.3% | |
| | | |
| | |
| Health Care — 1.3% | |
| | | |
| | |
| Newamsterdam Pharma * | |
| 29,452 | | |
| 563,417 | |
| | |
| | | |
| | |
| SINGAPORE — 1.3% | |
| | | |
| | |
| Communication Services — 1.3% | |
| | | |
| | |
| Sea ADR * | |
| 4,257 | | |
| 570,651 | |
| | |
| | | |
| | |
| SWITZERLAND — 1.4% | |
| | | |
| | |
| Consumer Discretionary — 1.4% | |
| | | |
| | |
| Sportradar Group, Cl A * | |
| 26,229 | | |
| 606,152 | |
| | |
| | | |
| | |
| TAIWAN — 1.1% | |
| | | |
| | |
| Information Technology — 1.1% | |
| | | |
| | |
| Taiwan Semiconductor Manufacturing ADR | |
| 2,911 | | |
| 485,235 | |
| | |
| | | |
| | |
| UNITED STATES — 92.2% | |
| | | |
| | |
| Communication Services — 3.5% | |
| | | |
| | |
| Alphabet, Cl A | |
| 3,231 | | |
| 513,083 | |
| Meta Platforms, Cl A | |
| 824 | | |
| 452,376 | |
| TKO Group Holdings, Cl A | |
| 3,429 | | |
| 558,618 | |
| | |
| | | |
| 1,524,077 | |
| Consumer Discretionary — 11.3% | |
| | | |
| | |
| Amazon.com * | |
| 2,603 | | |
| 480,045 | |
| Asbury Automotive Group * | |
| 1,975 | | |
| 430,826 | |
| Chewy, Cl A * | |
| 15,504 | | |
| 581,400 | |
| Chipotle Mexican Grill, Cl A * | |
| 10,830 | | |
| 547,132 | |
| Expedia Group | |
| 2,890 | | |
| 453,528 | |
The accompanying notes are an integral
part of the financial statements.
23
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Guru® Index ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Home Depot | |
| 1,463 | | |
$ | 527,397 | |
| Lithia Motors, Cl A | |
| 1,574 | | |
| 460,804 | |
| Modine Manufacturing * | |
| 6,429 | | |
| 524,863 | |
| Tesla * | |
| 1,666 | | |
| 470,079 | |
| United Parks & Resorts * | |
| 10,985 | | |
| 479,495 | |
| | |
| | | |
| 4,955,569 | |
| Consumer Staples — 5.2% | |
| | | |
| | |
| Albertsons, Cl A | |
| 28,742 | | |
| 631,749 | |
| Costco Wholesale | |
| 559 | | |
| 555,925 | |
| Maplebear * | |
| 11,719 | | |
| 467,471 | |
| Post Holdings * | |
| 5,294 | | |
| 599,122 | |
| | |
| | | |
| 2,254,267 | |
| Energy — 3.6% | |
| | | |
| | |
| Chesapeake Energy | |
| 5,547 | | |
| 576,333 | |
| Hess | |
| 3,989 | | |
| 514,781 | |
| Targa Resources | |
| 2,818 | | |
| 481,596 | |
| | |
| | | |
| 1,572,710 | |
| Financials — 10.8% | |
| | | |
| | |
| American International Group | |
| 7,860 | | |
| 640,747 | |
| Bank of America | |
| 12,682 | | |
| 505,758 | |
| Comerica | |
| 8,695 | | |
| 467,356 | |
| Janus Henderson Group | |
| 13,459 | | |
| 446,974 | |
| JPMorgan Chase | |
| 2,108 | | |
| 515,659 | |
| Mastercard, Cl A | |
| 1,044 | | |
| 572,175 | |
| S&P Global | |
| 1,085 | | |
| 542,554 | |
| Synchrony Financial | |
| 9,037 | | |
| 469,472 | |
| Willis Towers Watson PLC | |
| 1,832 | | |
| 563,890 | |
| | |
| | | |
| 4,724,585 | |
| Health Care — 22.5% | |
| | | |
| | |
| Abbott Laboratories | |
| 4,558 | | |
| 595,958 | |
| Amicus Therapeutics * | |
| 59,906 | | |
| 460,078 | |
| Apellis Pharmaceuticals * | |
| 20,939 | | |
| 402,238 | |
| Biohaven * | |
| 14,977 | | |
| 331,291 | |
| Boston Scientific * | |
| 5,602 | | |
| 576,278 | |
| Corcept Therapeutics * | |
| 8,127 | | |
| 584,169 | |
The accompanying notes are an integral
part of the financial statements.
24
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Guru® Index ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Eli Lilly | |
| 688 | | |
$ | 618,478 | |
| Exelixis * | |
| 17,257 | | |
| 675,612 | |
| Globus Medical, Cl A * | |
| 6,956 | | |
| 499,232 | |
| Incyte * | |
| 8,279 | | |
| 518,762 | |
| Madrigal Pharmaceuticals * | |
| 1,737 | | |
| 580,002 | |
| Medtronic PLC | |
| 6,895 | | |
| 584,420 | |
| MoonLake Immunotherapeutics, Cl A * (A) | |
| 13,870 | | |
| 583,650 | |
| Neurocrine Biosciences * | |
| 5,178 | | |
| 557,619 | |
| Nuvalent, Cl A * | |
| 7,452 | | |
| 571,941 | |
| PTC Therapeutics * | |
| 11,938 | | |
| 594,990 | |
| Tenet Healthcare * | |
| 4,374 | | |
| 625,263 | |
| United Therapeutics * | |
| 1,582 | | |
| 479,488 | |
| | |
| | | |
| 9,839,469 | |
| Industrials — 10.9% | |
| | | |
| | |
| Avis Budget Group * (A) | |
| 6,112 | | |
| 566,155 | |
| Carrier Global | |
| 8,862 | | |
| 554,230 | |
| Delta Air Lines | |
| 9,170 | | |
| 381,747 | |
| HEICO, Cl A | |
| 3,337 | | |
| 670,503 | |
| Howmet Aerospace | |
| 4,318 | | |
| 598,388 | |
| Quanta Services | |
| 2,052 | | |
| 600,600 | |
| Simpson Manufacturing | |
| 3,343 | | |
| 513,786 | |
| TransUnion | |
| 6,078 | | |
| 504,231 | |
| United Airlines Holdings * | |
| 5,714 | | |
| 393,237 | |
| | |
| | | |
| 4,782,877 | |
| Information Technology — 13.8% | |
| | | |
| | |
| Apple | |
| 2,429 | | |
| 516,162 | |
| AppLovin, Cl A * | |
| 1,189 | | |
| 320,210 | |
| Broadcom | |
| 2,581 | | |
| 496,765 | |
| CyberArk Software * | |
| 1,440 | | |
| 507,110 | |
| GoDaddy, Cl A * | |
| 3,259 | | |
| 613,767 | |
| Guidewire Software * | |
| 2,740 | | |
| 561,070 | |
| Impinj * | |
| 5,589 | | |
| 514,915 | |
| Microsoft | |
| 1,441 | | |
| 569,570 | |
| NVIDIA | |
| 4,233 | | |
| 461,058 | |
| Salesforce | |
| 1,794 | | |
| 482,066 | |
| Snowflake, Cl A * | |
| 3,061 | | |
| 488,199 | |
The accompanying notes are an integral
part of the financial statements.
25
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Guru® Index ETF |
|
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Trimble * | |
| 7,854 | | |
$ | 488,048 | |
| | |
| | | |
| 6,018,940 | |
| Materials — 4.2% | |
| | | |
| | |
| Linde PLC | |
| 1,267 | | |
| 574,243 | |
| Sherwin-Williams | |
| 1,671 | | |
| 589,729 | |
| United States Steel | |
| 15,423 | | |
| 674,139 | |
| | |
| | | |
| 1,838,111 | |
| Real Estate — 2.5% | |
| | | |
| | |
| ProLogis ‡ | |
| 4,865 | | |
| 497,203 | |
| Welltower ‡ | |
| 3,913 | | |
| 597,085 | |
| | |
| | | |
| 1,094,288 | |
| Utilities — 3.9% | |
| | | |
| | |
| PG&E | |
| 38,276 | | |
| 632,319 | |
| Southwest Gas Holdings | |
| 7,571 | | |
| 546,702 | |
| Talen Energy * | |
| 2,357 | | |
| 506,944 | |
| | |
| | | |
| 1,685,965 | |
| TOTAL UNITED STATES | |
| | | |
| 40,290,858 | |
TOTAL COMMON STOCK
(Cost $43,747,875) | |
| | | |
| 43,682,010 | |
| | |
| | | |
| | |
| SHORT-TERM INVESTMENT(B)(C) — 0.6% | |
| | | |
| | |
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 4.260%
(Cost $273,941) | |
| 273,941 | | |
| 273,941 | |
The accompanying notes are an integral
part of the financial statements.
26
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X Guru® Index ETF |
|
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENT(B) — 0.9% | |
| | | |
| | |
RBC Capital Markets
4.240%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $388,044 (collateralized by a U.S. Treasury Obligations, par value $392,487, 4.875%, 04/30/2026, with a total market value of $395,921)
(Cost $387,999) | |
$ | 387,999 | | |
$ | 387,999 | |
TOTAL INVESTMENTS — 101.5%
(Cost $44,409,815) | |
| | | |
$ | 44,343,950 | |
Percentages are based on Net Assets of $43,688,446.
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $664,260. |
| (B) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $387,999. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $0. |
| (C) |
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2025. |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 43,682,010 | | |
$ | — | | |
$ | — | | |
$ | 43,682,010 | |
| Short-Term Investment | |
| 273,941 | | |
| — | | |
| — | | |
| 273,941 | |
| Repurchase Agreement | |
| — | | |
| 387,999 | | |
| — | | |
| 387,999 | |
| Total Investments in Securities | |
$ | 43,955,951 | | |
$ | 387,999 | | |
$ | — | | |
$ | 44,343,950 | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
27
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X SuperIncome™ Preferred ETF |
|
| | |
Shares | | |
Value | |
| PREFERRED STOCK — 99.6% | |
| | | |
| | |
| UNITED STATES — 99.6% | |
| | | |
| | |
| Communication Services — 1.8% | |
| | | |
| | |
| Telephone and Data Systems, 6.000% | |
| 125,212 | | |
$ | 2,325,187 | |
| Consumer Discretionary — 1.8% | |
| | | |
| | |
| Ford Motor, 6.500% | |
| 109,489 | | |
| 2,394,524 | |
| Financials — 73.9% | |
| | | |
| | |
| Affiliated Managers Group, 6.750% | |
| 81,996 | | |
| 1,942,485 | |
| Allstate, 7.375% | |
| 114,711 | | |
| 3,042,136 | |
| American National Group, 7.375% | |
| 54,804 | | |
| 1,365,716 | |
| Apollo Global Management, 7.625%, H15T5Y + 3.226% (A) | |
| 54,286 | | |
| 1,441,293 | |
| Apollo Global Management, 6.750% * | |
| 62,132 | | |
| 4,480,960 | |
| Ares Management, 6.750% | |
| 117,665 | | |
| 5,809,121 | |
| Athene Holding, 7.750%, H15T5Y + 3.962% (A). | |
| 62,696 | | |
| 1,574,297 | |
| Athene Holding, 6.350%, US0003M + 4.253% (A) | |
| 108,545 | | |
| 2,544,295 | |
| Banc of California, 7.750%, H15T5Y + 4.820% (A) | |
| 93,417 | | |
| 2,314,873 | |
| Bank of America, 7.250% * | |
| 3,742 | | |
| 4,378,439 | |
| Bank of America, 4.750% | |
| 33,387 | | |
| 647,708 | |
| Bank of America, 4.250% | |
| 62,951 | | |
| 1,082,757 | |
| Capital One Financial, 4.375% | |
| 123,043 | | |
| 2,048,666 | |
| Charles Schwab, 4.450% (B) | |
| 108,623 | | |
| 2,107,286 | |
| Citizens Financial Group, 7.375% | |
| 72,400 | | |
| 1,901,948 | |
| Corebridge Financial, 6.375% | |
| 110,245 | | |
| 2,630,446 | |
| Enstar Group, 7.000%, US0003M + 4.015% (A) | |
| 70,815 | | |
| 1,509,776 | |
| F&G Annuities & Life, 7.300% | |
| 68,531 | | |
| 1,605,681 | |
| Flagstar Financial, 6.375%, US0003M + 3.821% (A) | |
| 93,055 | | |
| 2,073,265 | |
| Jackson Financial, 8.000%, H15T5Y + 3.728% (A) | |
| 99,713 | | |
| 2,587,552 | |
| JPMorgan Chase, 4.625% | |
| 111,603 | | |
| 2,176,258 | |
| JPMorgan Chase, 4.550% (B) | |
| 90,493 | | |
| 1,732,036 | |
| JPMorgan Chase, 4.200% | |
| 121,010 | | |
| 2,153,978 | |
| KeyCorp, 6.200%, H15T5Y + 3.132% (A) | |
| 109,234 | | |
| 2,679,510 | |
| KeyCorp, 6.125%, TSFR3M + 4.154% (A) | |
| 90,802 | | |
| 2,293,659 | |
| KKR, 6.250% | |
| 120,900 | | |
| 5,794,737 | |
| Lincoln National, 9.000% | |
| 91,142 | | |
| 2,471,771 | |
| M&T Bank, 7.500% | |
| 142,930 | | |
| 3,814,802 | |
| Morgan Stanley, 6.500% | |
| 86,520 | | |
| 2,170,787 | |
| Morgan Stanley, 5.850% (A) | |
| 87,045 | | |
| 1,975,921 | |
The accompanying notes are an integral
part of the financial statements.
28
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X SuperIncome™ Preferred ETF |
|
| | |
Shares | | |
Value | |
| PREFERRED STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Morgan Stanley, 4.250% | |
| 112,337 | | |
$ | 1,925,456 | |
| Regions Financial, 6.950%, H15T5Y + 2.771% (A) | |
| 91,234 | | |
| 2,280,850 | |
| Regions Financial, 5.700%, TSFR3M + 3.410% (A) | |
| 90,199 | | |
| 2,076,381 | |
| Rithm Capital, 7.000%, H15T5Y + 6.223% ‡ (A) | |
| 84,907 | | |
| 2,071,731 | |
| Synchrony Financial, 8.250%, H15T5Y + 4.044% (A) | |
| 91,307 | | |
| 2,303,676 | |
| Synovus Financial, 8.397%, H15T5Y + 4.127% (A) | |
| 63,772 | | |
| 1,625,548 | |
| US Bancorp, 4.500% | |
| 81,526 | | |
| 1,513,123 | |
| US Bancorp, 4.000% | |
| 136,059 | | |
| 2,215,041 | |
| Wells Fargo, 7.500% * | |
| 4,424 | | |
| 5,140,688 | |
| Wells Fargo, 4.250% | |
| 55,716 | | |
| 944,386 | |
| | |
| | | |
| 96,449,039 | |
| Industrials — 1.4% | |
| | | |
| | |
| Chart Industries, 6.750% * | |
| 35,869 | | |
| 1,898,188 | |
| Information Technology — 6.9% | |
| | | |
| | |
| Hewlett Packard Enterprise, 7.625% * | |
| 116,914 | | |
| 5,869,083 | |
| MicroStrategy, 8.000% | |
| 35,163 | | |
| 3,147,088 | |
| | |
| | | |
| 9,016,171 | |
| Materials — 4.6% | |
| | | |
| | |
| Albemarle, 7.250% * | |
| 194,989 | | |
| 5,972,513 | |
| Utilities — 9.2% | |
| | | |
| | |
| PG&E, 6.000% | |
| 131,703 | | |
| 5,727,764 | |
| SCE Trust VII, 7.500% | |
| 96,546 | | |
| 2,225,385 | |
| SCE Trust VIII, 6.950% | |
| 62,877 | | |
| 1,378,893 | |
| Southern, 6.500% | |
| 102,712 | | |
| 2,622,237 | |
| | |
| | | |
| 11,954,279 | |
| TOTAL UNITED STATES | |
| | | |
| 130,009,901 | |
TOTAL PREFERRED STOCK
(Cost $133,180,745) | |
| | | |
| 130,009,901 | |
| | |
| | | |
| | |
| SHORT-TERM INVESTMENT(C)(D) — 0.2% | |
| | | |
| | |
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 4.260%
(Cost $224,200) | |
| 224,200 | | |
| 224,200 | |
The accompanying notes are an integral
part of the financial statements.
29
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| |
Global X SuperIncome™ Preferred ETF |
|
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENT(C) — 0.2% | |
| | | |
| | |
RBC Capital Markets
4.240%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $317,585 (collateralized by a U.S. Treasury Obligations, par value $321,221, 4.875%, 04/30/2026, with a total market value of $324,032)
(Cost $317,548) | |
$ | 317,548 | | |
$ | 317,548 | |
TOTAL INVESTMENTS — 100.0%
(Cost $133,722,493) | |
| | | |
$ | 130,551,649 | |
Percentages are based on Net Assets of $130,570,209.
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; or by adjusting periodically based on prevailing interest rates. |
| (B) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $519,058. |
| (C) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $317,548. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $0. |
| (D) |
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2025. |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Preferred Stock | |
$ | 130,009,901 | | |
$ | — | | |
$ | — | | |
$ | 130,009,901 | |
| Short-Term Investment | |
| 224,200 | | |
| — | | |
| — | | |
| 224,200 | |
| Repurchase Agreement | |
| — | | |
| 317,548 | | |
| — | | |
| 317,548 | |
| Total Investments in Securities | |
$ | 130,234,101 | | |
$ | 317,548 | | |
$ | — | | |
$ | 130,551,649 | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
30
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X SuperDividend® U.S. ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 82.0% | |
| | | |
| | |
| NORWAY — 5.6% | |
| | | |
| | |
| Energy — 3.9% | |
| | | |
| | |
| FLEX LNG (A) | |
| 565,001 | | |
$ | 13,328,374 | |
| SFL, Cl B | |
| 1,387,298 | | |
| 11,403,589 | |
| | |
| | | |
| 24,731,963 | |
| Industrials — 1.7% | |
| | | |
| | |
| Golden Ocean Group (A) | |
| 1,409,032 | | |
| 10,877,727 | |
| | |
| | | |
| | |
| TOTAL NORWAY | |
| | | |
| 35,609,690 | |
| UNITED KINGDOM — 2.0% | |
| | | |
| | |
| Industrials — 2.0% | |
| | | |
| | |
| Global Ship Lease, Cl A | |
| 591,623 | | |
| 12,731,727 | |
| | |
| | | |
| | |
| UNITED STATES — 74.4% | |
| | | |
| | |
| Communication Services — 5.9% | |
| | | |
| | |
| AT&T | |
| 516,264 | | |
| 14,300,513 | |
| Cogent Communications Holdings | |
| 161,133 | | |
| 8,757,578 | |
| Verizon Communications | |
| 326,664 | | |
| 14,392,816 | |
| | |
| | | |
| 37,450,907 | |
| Consumer Discretionary — 1.7% | |
| | | |
| | |
| Wendy’s | |
| 898,651 | | |
| 11,233,137 | |
| | |
| | | |
| | |
| Consumer Staples — 11.6% | |
| | | |
| | |
| Altria Group | |
| 255,388 | | |
| 15,106,200 | |
| B&G Foods | |
| 2,256,536 | | |
| 15,547,533 | |
| Kraft Heinz | |
| 458,838 | | |
| 13,352,186 | |
| Philip Morris International | |
| 90,469 | | |
| 15,502,768 | |
| Universal | |
| 255,481 | | |
| 14,886,878 | |
| | |
| | | |
| 74,395,565 | |
| Energy — 4.6% | |
| | | |
| | |
| Chord Energy | |
| 120,032 | | |
| 10,830,487 | |
| Civitas Resources | |
| 263,716 | | |
| 7,186,261 | |
| TXO Partners | |
| 690,841 | | |
| 11,467,961 | |
| | |
| | | |
| 29,484,709 | |
The accompanying notes are an integral part
of the financial statements.
31
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X SuperDividend® U.S. ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — 5.6% | |
| | | |
| | |
| Orchid Island Capital, Cl A ‡ | |
| 1,539,486 | | |
$ | 11,007,325 | |
| TFS Financial | |
| 983,285 | | |
| 12,743,374 | |
| Western Union | |
| 1,240,398 | | |
| 12,292,344 | |
| | |
| | | |
| 36,043,043 | |
| Health Care — 3.8% | |
| | | |
| | |
| Organon (A) | |
| 870,182 | | |
| 11,251,453 | |
| Pfizer | |
| 527,006 | | |
| 12,864,217 | |
| | |
| | | |
| 24,115,670 | |
| Industrials — 3.7% | |
| | | |
| | |
| Ennis | |
| 650,179 | | |
| 11,670,713 | |
| Genco Shipping & Trading | |
| 907,146 | | |
| 11,756,612 | |
| | |
| | | |
| 23,427,325 | |
| Materials — 6.2% | |
| | | |
| | |
| Ardagh Metal Packaging | |
| 5,118,464 | | |
| 18,989,501 | |
| Dow | |
| 338,408 | | |
| 10,351,901 | |
| LyondellBasell Industries, Cl A | |
| 171,890 | | |
| 10,005,717 | |
| | |
| | | |
| 39,347,119 | |
| Real Estate — 18.0% | |
| | | |
| | |
| Alexander’s ‡ | |
| 66,574 | | |
| 13,740,873 | |
| CBL & Associates Properties ‡ | |
| 419,928 | | |
| 9,855,710 | |
| Community Healthcare Trust ‡ | |
| 679,008 | | |
| 11,597,457 | |
| Easterly Government Properties, Cl A ‡ | |
| 504,548 | | |
| 10,176,741 | |
| Gaming and Leisure Properties ‡ | |
| 274,188 | | |
| 13,122,638 | |
| LTC Properties ‡ | |
| 386,692 | | |
| 13,870,642 | |
| National Health Investors ‡ | |
| 196,951 | | |
| 14,903,282 | |
| Omega Healthcare Investors ‡ | |
| 373,139 | | |
| 14,571,078 | |
| Universal Health Realty Income Trust ‡ | |
| 344,865 | | |
| 13,177,292 | |
| | |
| | | |
| 115,015,713 | |
| Utilities — 13.3% | |
| | | |
| | |
| Avista | |
| 362,650 | | |
| 15,039,096 | |
| Dominion Energy | |
| 241,837 | | |
| 13,151,096 | |
| Evergy | |
| 200,878 | | |
| 13,880,670 | |
| Northwest Natural Holding | |
| 326,734 | | |
| 14,082,235 | |
| Northwestern Energy Group | |
| 253,340 | | |
| 14,751,988 | |
The accompanying notes are an integral part
of the financial statements.
32
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X SuperDividend® U.S. ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | |
| |
| Utilities — continued | |
| | |
| |
| Spire | |
| 179,989 | | |
$ | 13,776,358 | |
| | |
| | | |
| 84,681,443 | |
| TOTAL UNITED STATES | |
| | | |
| 475,194,631 | |
TOTAL COMMON STOCK
(Cost $559,329,053) | |
| | | |
| 523,536,048 | |
| | |
| | | |
| | |
| MASTER LIMITED PARTNERSHIPS — 17.7% | |
| | |
|
|
|
|
| UNITED STATES — 17.7% | |
| | | |
| | |
| Energy — 13.8% | |
| | | |
| | |
| Alliance Resource Partners | |
| 502,871 | | |
| 13,300,938 | |
| Black Stone Minerals | |
| 899,843 | | |
| 12,696,785 | |
| CrossAmerica Partners | |
| 592,157 | | |
| 14,111,101 | |
| Dorchester Minerals Partners | |
| 420,476 | | |
| 12,050,842 | |
| Global Partners (B) | |
| 226,234 | | |
| 11,601,279 | |
| MPLX | |
| 246,560 | | |
| 12,557,301 | |
| USA Compression Partners | |
| 471,814 | | |
| 11,512,262 | |
| | |
| | | |
| 87,830,508 | |
| Materials — 2.0% | |
| | | |
| | |
| Westlake Chemical Partners | |
| 562,517 | | |
| 13,157,273 | |
| Utilities — 1.9% | |
| | | |
| | |
| Suburban Propane Partners (B) | |
| 605,723 | | |
| 12,096,288 | |
| TOTAL UNITED STATES | |
| | | |
| 113,084,069 | |
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $72,668,030) | |
| | | |
| 113,084,069 | |
| | |
| | | |
| | |
| | |
Face Amount | | |
| | |
| REPURCHASE AGREEMENTS(C) — 1.7% | |
| | | |
| | |
Bank of America Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,125,357 (collateralized by various U.S. Treasury Obligations, ranging in par value $487,274 - $2,419,860, 0.000%, 08/15/2031 - 11/15/2036, with a total market value of $2,167,601) | |
$ | 2,125,099 | | |
| 2,125,099 | |
The accompanying notes are an integral part
of the financial statements.
33
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X SuperDividend® U.S. ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(C) — continued | |
| | | |
| | |
Daiwa Capital Markets America, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,048,855 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $152 - $426,971, 1.500% - 7.500%, 04/30/2027 - 05/01/2055, with a total market value of $2,081,086) | |
$ | 2,048,606 | | |
$ | 2,048,606 | |
HSBC Securities USA, Inc.
4.380%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $1,455,029 (collateralized by various U.S. Treasury Obligations, ranging in par value $88,602 - $1,279,689, 0.750% - 3.500%, 11/15/2025 - 02/15/2033, with a total market value of $2,528,769) | |
| 1,454,852 | | |
| 1,454,852 | |
Mizuho Securities USA LLC
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,495,983 (collateralized by various U.S. Government Obligations, ranging in par value $175 - $575,318, 1.170% - 6.500%, 05/01/2028 - 04/01/2055, with a total market value of $1,479,324) | |
| 2,495,681 | | |
| 2,495,681 | |
RBC Dominion Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $2,495,983 (collateralized by various U.S. Treasury Obligations, ranging in par value $1,008 - $1,171,476, 0.000% - 4.250%, 04/15/2026 - 08/15/2046, with a total market value of $2,536,416) | |
| 2,495,681 | | |
| 2,495,681 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $10,619,919) | |
| | | |
| 10,619,919 | |
TOTAL INVESTMENTS — 101.4%
(Cost $642,617,002) | |
| | | |
$ | 647,240,036 | |
Percentages are based on Net Assets of $638,521,027.
The accompanying notes are an integral part of the financial statements.
34
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X SuperDividend® U.S. ETF |
| ‡ |
Real Estate Investment Trust |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $10,448,983. |
| (B) |
Affiliated investment. |
| (C) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $10,619,919. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $0. |
The following is a summary of the level of inputs used as of April
30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 523,536,048 | | |
$ | — | | |
$ | — | | |
$ | 523,536,048 | |
| Master Limited Partnerships | |
| 113,084,069 | | |
| — | | |
| — | | |
| 113,084,069 | |
| Repurchase Agreements | |
| — | | |
| 10,619,919 | | |
| — | | |
| 10,619,919 | |
| Total Investments in Securities | |
$ | 636,620,117 | | |
$ | 10,619,919 | | |
$ | — | | |
$ | 647,240,036 | |
The following is a summary of the Fund’s transactions with
affiliates for the period ended April 30, 2025:
Value
10/31/2024 | | |
Purchases
at Cost | | |
Proceeds
from
Sales | | |
Change in
Unrealized
Appreciation
(Depreciation) | | |
Realized Gain
(Loss) | | |
Value
4/30/2025 | | |
Income | | |
Capital Gains |
| Global Partners |
| |
| $ | 12,020,333 | | |
$ | 6,911,158 | | |
$ | (9,045,026 | ) | |
$ | 838,057 | | |
$ | 876,757 | | |
$ | 11,601,279 | | |
$ | — | | |
$ | — |
| Suburban Propane Partners |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| |
| | 11,503,270 | | |
| 6,191,282 | | |
| (6,750,129 | ) | |
| 1,038,198 | | |
| 113,667 | | |
| 12,096,288 | | |
| — | | |
| — |
| Totals: |
| |
| $ | 23,523,603 | | |
$ | 13,102,440 | | |
$ | (15,795,155 | ) | |
$ | 1,876,255 | | |
$ | 990,424 | | |
$ | 23,697,567 | | |
$ | —
| | |
$ | — |
Amounts designated as “—” are $0 or have been
rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
35
| Schedule of
Investments |
April
30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® Emerging Markets ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 93.1% | |
| | |
| |
| BRAZIL — 10.1% | |
| | |
| |
| Communication Services — 1.8% | |
| | |
| |
| TIM | |
| 196,500 | | |
$ | 657,731 | |
| | |
| | | |
| | |
| Consumer Discretionary — 1.2% | |
| | | |
| | |
| Vibra Energia | |
| 138,100 | | |
| 458,593 | |
| | |
| | | |
| | |
| Financials — 5.5% | |
| | | |
| | |
| Banco Bradesco | |
| 257,000 | | |
| 555,183 | |
| Banco do Brasil | |
| 140,200 | | |
| 716,428 | |
| Caixa Seguridade Participacoes S | |
| 260,500 | | |
| 752,778 | |
| | |
| | | |
| 2,024,389 | |
| Materials — 1.6% | |
| | | |
| | |
| Vale | |
| 63,100 | | |
| 589,159 | |
| | |
| | | |
| | |
| TOTAL BRAZIL | |
| | | |
| 3,729,872 | |
| CHINA — 34.0% | |
| | | |
| | |
| Consumer Discretionary — 5.2% | |
| | | |
| | |
| Chow Tai Fook Jewellery Group | |
| 756,400 | | |
| 1,012,474 | |
| HLA Group, Cl A | |
| 808,040 | | |
| 922,116 | |
| | |
| | | |
| 1,934,590 | |
| Energy — 3.4% | |
| | | |
| | |
| Inner Mongolia Yitai Coal, Cl B | |
| 345,100 | | |
| 686,059 | |
| PetroChina, Cl H | |
| 759,200 | | |
| 581,537 | |
| | |
| | | |
| 1,267,596 | |
| Financials — 9.4% | |
| | | |
| | |
| Bank of China, Cl H | |
| 1,501,900 | | |
| 840,554 | |
| Bank of Communications, Cl H | |
| 954,180 | | |
| 836,709 | |
| China CITIC Bank, Cl H | |
| 1,188,000 | | |
| 939,100 | |
| China Construction Bank, Cl H | |
| 1,013,800 | | |
| 834,080 | |
| | |
| | | |
| 3,450,443 | |
| Industrials — 4.4% | |
| | | |
| | |
| Jiangsu Expressway, Cl H | |
| 620,000 | | |
| 771,532 | |
| Yutong Bus, Cl A | |
| 227,000 | | |
| 836,441 | |
| | |
| | | |
| 1,607,973 | |
The accompanying notes are an integral part
of the financial statements.
36
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — 3.1% | |
| | | |
| | |
| Shanghai Baosight Software, Cl B | |
| 415,500 | | |
$ | 609,954 | |
| Xinyi Solar Holdings | |
| 1,544,000 | | |
| 515,682 | |
| | |
| | | |
| 1,125,636 | |
| Materials — 2.6% | |
| | | |
| | |
| Inner Mongolia Junzheng Energy & Chemical Industry Group, Cl A | |
| 1,266,840 | | |
| 944,051 | |
| | |
| | | |
| | |
| Real Estate — 4.0% | |
| | | |
| | |
| C&D International Investment Group | |
| 407,000 | | |
| 851,296 | |
| Youngor Fashion, Cl A | |
| 613,500 | | |
| 631,787 | |
| | |
| | | |
| 1,483,083 | |
| Utilities — 1.9% | |
| | | |
| | |
| China Gas Holdings | |
| 779,400 | | |
| 705,558 | |
| | |
| | | |
| | |
| TOTAL CHINA | |
| | | |
| 12,518,930 | |
| COLOMBIA — 2.0% | |
| | | |
| | |
| Utilities — 2.0% | |
| | | |
| | |
| Interconexion Electrica ESP | |
| 146,115 | | |
| 754,102 | |
| | |
| | | |
| | |
| CZECHIA — 6.0% | |
| | | |
| | |
| Financials — 6.0% | |
| | | |
| | |
| Komercni Banka | |
| 22,352 | | |
| 1,084,903 | |
| Moneta Money Bank | |
| 180,441 | | |
| 1,113,470 | |
| | |
| | | |
| | |
| TOTAL CZECHIA | |
| | | |
| 2,198,373 | |
| GREECE — 5.0% | |
| | | |
| | |
| Consumer Discretionary — 5.0% | |
| | | |
| | |
| JUMBO | |
| 25,883 | | |
| 817,946 | |
| OPAP | |
| 46,446 | | |
| 1,033,248 | |
| | |
| | | |
| | |
| TOTAL GREECE | |
| | | |
| 1,851,194 | |
| HUNGARY — 2.0% | |
| | | |
| | |
| Energy — 2.0% | |
| | | |
| | |
| MOL Hungarian Oil & Gas | |
| 85,903 | | |
| 727,744 | |
The accompanying notes are an integral part
of the financial statements.
37
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| INDIA — 5.1% | |
| | | |
| | |
| Energy — 5.1% | |
| | | |
| | |
| Bharat Petroleum | |
| 173,566 | | |
$ | 636,976 | |
| Coal India | |
| 129,202 | | |
| 589,244 | |
| Indian Oil | |
| 390,478 | | |
| 637,179 | |
| | |
| | | |
| | |
| TOTAL INDIA | |
| | | |
| 1,863,399 | |
| INDONESIA — 1.8% | |
| | | |
| | |
| Communication Services — 1.8% | |
| | | |
| | |
| Telkom Indonesia Persero | |
| 4,182,400 | | |
| 665,153 | |
| | |
| | | |
| | |
| KUWAIT — 1.9% | |
| | | |
| | |
| Communication Services — 1.9% | |
| | | |
| | |
| Mobile Telecommunications KSCP | |
| 441,113 | | |
| 680,961 | |
| | |
| | | |
| | |
| MEXICO — 1.8% | |
| | | |
| | |
| Real Estate — 1.8% | |
| | | |
| | |
| Fibra Uno Administracion ‡ | |
| 507,500 | | |
| 655,667 | |
| | |
| | | |
| | |
| PHILIPPINES — 1.8% | |
| | | |
| | |
| Communication Services — 1.8% | |
| | | |
| | |
| PLDT | |
| 28,620 | | |
| 666,118 | |
| | |
| | | |
| | |
| POLAND — 5.1% | |
| | | |
| | |
| Financials — 5.1% | |
| | | |
| | |
| Powszechny Zaklad Ubezpieczen | |
| 63,242 | | |
| 988,960 | |
| Santander Bank Polska | |
| 5,831 | | |
| 894,478 | |
| | |
| | | |
| | |
| TOTAL POLAND | |
| | | |
| 1,883,438 | |
| ROMANIA — 2.2% | |
| | | |
| | |
| Real Estate — 2.2% | |
| | | |
| | |
| NEPI Rockcastle | |
| 106,768 | | |
| 818,337 | |
| | |
| | | |
| | |
| RUSSIA — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Alrosa PJSC (A) | |
| 1,194,381 | | |
| — | |
| PhosAgro PJSC GDR *(A) | |
| 42 | | |
| — | |
The accompanying notes are an integral part
of the financial statements.
38
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | |
| |
| Materials — continued | |
| | |
| |
| Severstal PAO (A) | |
| 71,665 | | |
$ | — | |
| | |
| | | |
| | |
| TOTAL RUSSIA | |
| | | |
| — | |
| SAUDI ARABIA — 4.8% | |
| | | |
| | |
| Consumer Discretionary — 1.9% | |
| | | |
| | |
| Jarir Marketing | |
| 201,256 | | |
| 677,131 | |
| | |
| | | |
| | |
| Energy — 1.6% | |
| | | |
| | |
| Saudi Arabian Oil | |
| 87,347 | | |
| 590,324 | |
| | |
| | | |
| | |
| Materials — 1.3% | |
| | | |
| | |
| Saudi Aramco Base Oil | |
| 18,608 | | |
| 492,622 | |
| | |
| | | |
| | |
| TOTAL SAUDI ARABIA | |
| | | |
| 1,760,077 | |
| SOUTH AFRICA — 3.4% | |
| | | |
| | |
| Financials — 2.2% | |
| | | |
| | |
| Absa Group | |
| 88,652 | | |
| 813,562 | |
| | |
| | | |
| | |
| Materials — 1.2% | |
| | | |
| | |
| Kumba Iron Ore (B) | |
| 25,539 | | |
| 444,037 | |
| | |
| | | |
| | |
| TOTAL SOUTH AFRICA | |
| | | |
| 1,257,599 | |
| THAILAND — 3.9% | |
| | | |
| | |
| Energy — 1.4% | |
| | | |
| | |
| PTT Exploration & Production NVDR | |
| 178,700 | | |
| 532,275 | |
| | |
| | | |
| | |
| Financials — 2.5% | |
| | | |
| | |
| SCB X NVDR | |
| 258,200 | | |
| 919,796 | |
| | |
| | | |
| | |
| TOTAL THAILAND | |
| | | |
| 1,452,071 | |
| TÜRKIYE — 2.2% | |
| | | |
| | |
| Energy — 1.1% | |
| | | |
| | |
| Turkiye Petrol Rafinerileri | |
| 126,388 | | |
| 409,794 | |
The accompanying notes are an integral part
of the financial statements.
39
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — 1.1% | |
| | | |
| | |
| Yapi ve Kredi Bankasi * | |
| 647,417 | | |
$ | 383,133 | |
| | |
| | | |
| | |
| TOTAL TÜRKIYE | |
| | | |
| 792,927 | |
TOTAL COMMON STOCK
(Cost $33,406,178) | |
| | | |
| 34,275,962 | |
| | |
| | | |
| | |
| PREFERRED STOCK — 5.7% | |
| | | |
| | |
| BRAZIL — 1.9% | |
| | | |
| | |
| Utilities — 1.9% | |
| | | |
| | |
| Cia Energetica de Minas Gerais (C) | |
| 365,785 | | |
| 707,483 | |
| TOTAL BRAZIL | |
| | | |
| 707,483 | |
| COLOMBIA — 2.3% | |
| | | |
| | |
| Financials — 2.3% | |
| | | |
| | |
| Bancolombia (C) | |
| 81,918 | | |
| 841,681 | |
| TOTAL COLOMBIA | |
| | | |
| 841,681 | |
| RUSSIA — 0.0% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Surgutneftegas PJSC (A)(C) | |
| 3,166,303 | | |
| — | |
| TOTAL RUSSIA | |
| | | |
| — | |
| SOUTH KOREA — 1.5% | |
| | | |
| | |
| Consumer Discretionary — 1.5% | |
| | | |
| | |
| Hyundai Motor (C) | |
| 5,249 | | |
| 553,518 | |
| TOTAL SOUTH KOREA | |
| | | |
| 553,518 | |
TOTAL PREFERRED STOCK
(Cost $3,397,487) | |
| | | |
| 2,102,682 | |
The accompanying notes are an integral part
of the financial statements.
40
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENT(D) — 0.5% | |
| | |
| |
Natwest Markets Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $166,174 (collateralized by various U.S. Treasury Obligations, ranging in par value $30 - $33,986, 0.000% - 5.500%, 06/03/2025 - 02/15/2046, with a total market value of $168,185)
(Cost $166,154) | |
$ | 166,154 | | |
$ | 166,154 | |
TOTAL INVESTMENTS — 99.3%
(Cost $36,969,819) | |
| | | |
$ | 36,544,798 | |
Percentages are based on Net Assets of $36,813,372.
A list of the open futures contracts held by the Fund at April
30, 2025, is as follows:
| Type
of Contract | |
Number
of
Contracts | |
Expiration
Date | |
Notional
Amount | | |
Value | | |
Unrealized
Appreciation | |
| Long Contracts | |
| |
| |
| | |
| | |
| |
| MSCI
Emerging Markets | |
5 | |
Jun-2025 | |
$ | 333,019 | | |
$ | 347,700 | | |
$ | 14,681 | |
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
Level 3 security in accordance with fair value hierarchy. |
| (B) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $333,024. |
| (C) |
There is currently no stated interest rate. |
| (D) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $166,154. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $177,361. |
The accompanying notes are an integral part
of the financial statements.
41
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X MSCI SuperDividend®
Emerging Markets ETF |
The following is a summary of the level of inputs used as of April
30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3(1) | | |
Total | |
| Common Stock | |
$ | 34,275,962 | | |
$ | — | | |
$ | —^ | | |
$ | 34,275,962 | |
| Preferred Stock | |
| 2,102,682 | | |
| — | | |
| —^ | | |
| 2,102,682 | |
| Repurchase Agreement | |
| — | | |
| 166,154 | | |
| — | | |
| 166,154 | |
| Total Investments in Securities | |
$ | 36,378,644 | | |
$ | 166,154 | | |
$ | — | | |
$ | 36,544,798 | |
| | |
| | |
| | |
| | |
| |
| Other Financial Instruments | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Futures Contracts* | |
| | | |
| | | |
| | | |
| | |
| Unrealized Appreciation | |
$ | 14,681 | | |
$ | — | | |
$ | — | | |
$ | 14,681 | |
| Total Other Financial Instruments | |
$ | 14,681 | | |
$ | — | | |
$ | — | | |
$ | 14,681 | |
| * |
Futures contracts are valued at the unrealized appreciation (depreciation)
on the instrument. |
| ^ |
Includes Securities in which the fair value is $0 or has been rounded to $0. |
| (1) |
A reconciliation of Level 3 investments and disclosures of significant unobservable
inputs are presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to
Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets. |
Amounts designated as “—” are $0 or have been
rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part
of the financial statements.
42
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
REIT ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.3% | |
| | | |
| | |
| CANADA — 3.5% | |
| | | |
| | |
| Real Estate — 3.5% | |
| | | |
| | |
| SmartCentres Real Estate Investment Trust ‡ | |
| 345,376 | | |
$ | 6,373,441 | |
| | |
| | | |
| | |
| HONG KONG — 3.7% | |
| | | |
| | |
| Real Estate — 3.7% | |
| | | |
| | |
| Link REIT ‡ | |
| 1,425,300 | | |
| 6,681,065 | |
| | |
| | | |
| | |
| SINGAPORE — 16.9% | |
| | | |
| | |
| Real Estate — 16.9% | |
| | | |
| | |
| CapitaLand Ascendas REIT ‡ | |
| 3,064,700 | | |
| 6,243,472 | |
| CapitaLand Integrated Commercial Trust ‡ | |
| 4,054,300 | | |
| 6,675,917 | |
| Frasers Logistics & Commercial Trust ‡ | |
| 8,985,646 | | |
| 6,159,266 | |
| Mapletree Logistics Trust ‡ | |
| 6,277,600 | | |
| 5,384,784 | |
| Mapletree Pan Asia Commercial Trust ‡ | |
| 6,589,400 | | |
| 6,156,903 | |
| | |
| | | |
| | |
| TOTAL SINGAPORE | |
| | | |
| 30,620,342 | |
| SOUTH AFRICA — 3.5% | |
| | | |
| | |
| Real Estate — 3.5% | |
| | | |
| | |
| Growthpoint Properties ‡ | |
| 8,833,807 | | |
| 6,205,327 | |
| | |
| | | |
| | |
| UNITED KINGDOM — 3.7% | |
| | | |
| | |
| Real Estate — 3.7% | |
| | | |
| | |
| LondonMetric Property ‡ | |
| 2,601,545 | | |
| 6,682,211 | |
| | |
| | | |
| | |
| UNITED STATES — 68.0% | |
| | | |
| | |
| Financials — 34.8% | |
| | | |
| | |
| AGNC Investment ‡ | |
| 607,353 | | |
| 5,362,927 | |
| Annaly Capital Management ‡ | |
| 300,993 | | |
| 5,899,463 | |
| Apollo Commercial Real Estate Finance ‡ | |
| 656,581 | | |
| 6,152,164 | |
| ARMOUR Residential REIT ‡ | |
| 318,116 | | |
| 5,239,371 | |
| Dynex Capital ‡ | |
| 465,422 | | |
| 5,738,653 | |
| Ellington Financial ‡ | |
| 469,428 | | |
| 6,116,647 | |
| Ladder Capital, Cl A ‡ | |
| 530,139 | | |
| 5,534,651 | |
| Orchid Island Capital, Cl A ‡ | |
| 741,388 | | |
| 5,300,924 | |
| PennyMac Mortgage Investment Trust ‡ | |
| 466,160 | | |
| 5,985,494 | |
| Rithm Capital ‡ | |
| 518,866 | | |
| 5,800,922 | |
The accompanying notes are an integral
part of the financial statements.
43
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
REIT ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | |
| |
| Financials — continued | |
| | |
| |
| Starwood Property Trust ‡ | |
| 305,381 | | |
$ | 5,860,261 | |
| | |
| | | |
| 62,991,477 | |
| Real Estate — 33.2% | |
| | | |
| | |
| Broadstone Net Lease, Cl A ‡ | |
| 365,546 | | |
| 5,914,534 | |
| CTO Realty Growth ‡ | |
| 302,881 | | |
| 5,533,636 | |
| EPR Properties ‡ | |
| 123,289 | | |
| 6,101,573 | |
| Gaming and Leisure Properties ‡ | |
| 122,173 | | |
| 5,847,200 | |
| Getty Realty ‡ | |
| 192,049 | | |
| 5,375,451 | |
| LTC Properties ‡ | |
| 171,272 | | |
| 6,143,527 | |
| NNN REIT ‡ | |
| 148,077 | | |
| 6,087,445 | |
| Omega Healthcare Investors ‡ | |
| 158,288 | | |
| 6,181,146 | |
| Realty Income ‡ | |
| 108,360 | | |
| 6,269,710 | |
| WP Carey ‡ | |
| 106,113 | | |
| 6,625,696 | |
| | |
| | | |
| 60,079,918 | |
| TOTAL UNITED STATES | |
| | | |
| 123,071,395 | |
TOTAL COMMON STOCK
(Cost $180,277,929) | |
| | | |
| 179,633,781 | |
TOTAL INVESTMENTS — 99.3%
(Cost $180,277,929) | |
| | | |
$ | 179,633,781 | |
Percentages are based on Net Assets of $180,989,305.
A list of the open futures contracts held by the Fund at
April 30, 2025, is as follows:
| Type of Contract | |
Number of
Contracts | |
Expiration
Date | |
Notional Amount | | |
Value | | |
Unrealized
Appreciation | |
| Long Contracts | |
| |
| |
| | | |
| | | |
| | |
| Dow Jones
U.S. Real Estate Index Futures | |
36 | |
Jun-2025 | |
$ | 1,241,363 | | |
$ | 1,292,760 | | |
$ | 51,397 | |
| ‡ |
Real Estate Investment Trust |
The accompanying notes are an integral
part of the financial statements.
44
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X SuperDividend®
REIT ETF |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 179,633,781 | | |
$ | — | | |
$ | — | | |
$ | 179,633,781 | |
| Total Investments in Securities | |
$ | 179,633,781 | | |
$ | — | | |
$ | — | | |
$ | 179,633,781 | |
| | |
| | | |
| | | |
| | | |
| | |
| Other Financial Instruments | |
| Level 1 | | |
| Level 2 | | |
| Level 3 | | |
| Total | |
| Futures Contracts* | |
| | | |
| | | |
| | | |
| | |
| Unrealized Appreciation | |
$ | 51,397 | | |
$ | — | | |
$ | — | | |
$ | 51,397 | |
| Total Other Financial Instruments | |
$ | 51,397 | | |
$ | — | | |
$ | — | | |
$ | 51,397 | |
* Futures contracts are valued at the unrealized appreciation
on the instrument.
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
45
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 94.4% | |
| | | |
| | |
| AUSTRIA — 6.3% | |
| | | |
| | |
| Utilities — 6.3% | |
| | | |
| | |
| Verbund | |
| 18,450 | | |
$ | 1,419,876 | |
| | |
| | | |
| | |
| BRAZIL — 15.2% | |
| | | |
| | |
| Utilities — 15.2% | |
| | | |
| | |
| Centrais Eletricas Brasileiras | |
| 240,555 | | |
| 1,867,452 | |
| Engie Brasil Energia | |
| 178,284 | | |
| 1,309,087 | |
| Serena Energia * | |
| 149,962 | | |
| 259,587 | |
| | |
| | | |
| | |
| TOTAL BRAZIL | |
| | | |
| 3,436,126 | |
| CANADA — 8.4% | |
| | | |
| | |
| Utilities — 8.4% | |
| | | |
| | |
| Boralex, Cl A | |
| 24,911 | | |
| 552,215 | |
| Innergex Renewable Energy | |
| 49,232 | | |
| 484,015 | |
| Northland Power (A) | |
| 62,997 | | |
| 854,220 | |
| | |
| | | |
| | |
| TOTAL CANADA | |
| | | |
| 1,890,450 | |
| CHINA — 4.6% | |
| | | |
| | |
| Utilities — 4.6% | |
| | | |
| | |
| China Datang Renewable Power, Cl H | |
| 595,600 | | |
| 166,667 | |
| China Longyuan Power Group, Cl H | |
| 806,200 | | |
| 638,331 | |
| Xinyi Energy Holdings (A) | |
| 2,008,600 | | |
| 238,296 | |
| | |
| | | |
| | |
| TOTAL CHINA | |
| | | |
| 1,043,294 | |
| DENMARK — 6.9% | |
| | | |
| | |
| Utilities — 6.9% | |
| | | |
| | |
| Orsted * | |
| 39,431 | | |
| 1,572,327 | |
| | |
| | | |
| | |
| GERMANY — 0.8% | |
| | | |
| | |
| Energy — 0.8% | |
| | | |
| | |
| Verbio (A) | |
| 15,190 | | |
| 179,061 | |
| | |
| | | |
| | |
| INDIA — 1.7% | |
| | | |
| | |
| Utilities — 1.7% | |
| | | |
| | |
| ReNew Energy Global PLC, Cl A * | |
| 61,821 | | |
| 394,418 | |
The accompanying notes are an integral
part of the financial statements.
46
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| INDONESIA — 3.7% | |
| | | |
| | |
| Utilities — 3.7% | |
| | | |
| | |
| Barito Renewables Energy | |
| 2,287,900 | | |
$ | 830,398 | |
| | |
| | | |
| | |
| ISRAEL — 3.8% | |
| | | |
| | |
| Utilities — 3.8% | |
| | | |
| | |
| Energix-Renewable Energies | |
| 134,165 | | |
| 396,701 | |
| Enlight Renewable Energy * | |
| 28,952 | | |
| 467,893 | |
| | |
| | | |
| | |
| TOTAL ISRAEL | |
| | | |
| 864,594 | |
| ITALY — 3.3% | |
| | | |
| | |
| Utilities — 3.3% | |
| | | |
| | |
| ERG | |
| 36,495 | | |
| 747,158 | |
| | |
| | | |
| | |
| JAPAN — 1.0% | |
| | | |
| | |
| Industrials — 0.5% | |
| | | |
| | |
| West Holdings | |
| 10,871 | | |
| 120,340 | |
| | |
| | | |
| | |
| Utilities — 0.5% | |
| | | |
| | |
| RENOVA * (A) | |
| 21,455 | | |
| 98,070 | |
| | |
| | | |
| | |
| TOTAL JAPAN | |
| | | |
| 218,410 | |
| NEW ZEALAND — 15.2% | |
| | | |
| | |
| Utilities — 15.2% | |
| | | |
| | |
| Contact Energy (A) | |
| 192,995 | | |
| 1,014,763 | |
| Mercury NZ | |
| 308,637 | | |
| 1,022,037 | |
| Meridian Energy | |
| 429,218 | | |
| 1,395,864 | |
| | |
| | | |
| | |
| TOTAL NEW ZEALAND | |
| | | |
| 3,432,664 | |
| RUSSIA — 0.0% | |
| | | |
| | |
| Utilities — 0.0% | |
| | | |
| | |
| RusHydro PJSC *(B) | |
| 271,804,543 | | |
| — | |
| | |
| | | |
| | |
| SOUTH AFRICA — 1.3% | |
| | | |
| | |
| Utilities — 1.3% | |
| | | |
| | |
| Scatec * | |
| 38,594 | | |
| 294,202 | |
The accompanying notes are an integral
part of the financial statements.
47
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| SPAIN — 7.5% | |
| | | |
| | |
| Utilities — 7.5% | |
| | | |
| | |
| EDP Renovaveis (A) | |
| 156,532 | | |
$ | 1,468,878 | |
| Solaria Energia
y Medio Ambiente * (A) | |
| 30,333 | | |
| 228,747 | |
| | |
| | | |
| | |
| TOTAL SPAIN | |
| | | |
| 1,697,625 | |
| THAILAND — 0.5% | |
| | | |
| | |
| Utilities — 0.5% | |
| | | |
| | |
| Energy Absolute NVDR * | |
| 1,755,430 | | |
| 114,559 | |
| | |
| | | |
| | |
| TURKIYE — 1.2% | |
| | | |
| | |
| Utilities — 1.2% | |
| | | |
| | |
| Akfen Yenilenebilir Enerji * | |
| 283,281 | | |
| 132,213 | |
| Aydem Yenilenebilir Enerji | |
| 164,882 | | |
| 68,165 | |
| Galata Wind Enerji | |
| 131,016 | | |
| 80,123 | |
| | |
| | | |
| | |
| TOTAL TURKIYE | |
| | | |
| 280,501 | |
| UNITED KINGDOM — 3.2% | |
| | | |
| | |
| Utilities — 3.2% | |
| | | |
| | |
| Drax Group | |
| 89,292 | | |
| 735,881 | |
| | |
| | | |
| | |
| UNITED STATES — 9.8% | |
| | | |
| | |
| Industrials — 1.7% | |
| | | |
| | |
| Sunrun * | |
| 54,439 | | |
| 375,085 | |
| | |
| | | |
| | |
| Utilities — 8.1% | |
| | | |
| | |
| Clearway Energy, Cl C | |
| 20,091 | | |
| 589,470 | |
| NextEra Energy Partners | |
| 22,370 | | |
| 184,329 | |
| Ormat Technologies | |
| 14,686 | | |
| 1,066,203 | |
| Sunnova Energy International * | |
| 26,870 | | |
| 5,065 | |
| | |
| | | |
| 1,845,067 | |
| TOTAL UNITED STATES | |
| | | |
| 2,220,152 | |
TOTAL COMMON STOCK
(Cost $49,087,975) | |
| | | |
| 21,371,696 | |
The accompanying notes are an integral
part of the financial statements.
48
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
| | |
Shares | | |
Value | |
| MASTER LIMITED PARTNERSHIP — 5.2% | |
| | | |
| | |
| CANADA — 5.2% | |
| | | |
| | |
| Utilities — 5.2% | |
| | | |
| | |
| Brookfield Renewable Partners, Cl A | |
| 51,055 | | |
$ | 1,171,312 | |
TOTAL MASTER LIMITED PARTNERSHIP
(Cost $806,692) | |
| | | |
| 1,171,312 | |
| | |
| | | |
| | |
| | |
Number of
Rights | | |
| | |
| RIGHTS — 0.0% | |
| | | |
| | |
| Portugal — 0.0% | |
| | | |
| | |
| EDP Renovaveis# | |
| 156,532 | | |
| 16,014 | |
| (Cost $–) | |
| | | |
| 16,014 | |
| | |
| | |
| | |
| | |
Face Amount | | |
| | |
| REPURCHASE AGREEMENTS(C) — 3.4% | |
| | | |
| | |
Bank of America Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $249,030 (collateralized by various U.S. Treasury Obligations, ranging in par value $57,094 - $283,537, 0.000%, 08/15/2031 - 11/15/2036, with a total market value of $253,980) | |
$ | 249,000 | | |
| 249,000 | |
Deutsche Bank Securities, Inc.
4.350%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $16,378 (collateralized by various U.S. Treasury Obligations, ranging in par value $718 - $16,194, 3.875% - 4.000%, 07/31/2029 - 08/15/2034, with a total market value of $16,568) | |
| 16,376 | | |
| 16,376 | |
Mizuho Securities USA LLC
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $249,030 (collateralized by various U.S. Treasury Obligations, ranging in par value $8,840 - $127,678, 0.750% - 3.500%, 11/15/2025 - 02/15/2033, with a total market value of $252,301) | |
| 249,000 | | |
| 249,000 | |
The accompanying notes are an integral
part of the financial statements.
49
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(C) — continued | |
| | | |
| | |
RBC Dominion Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $249,030 (collateralized by various U.S. Treasury Obligations, ranging in par value $101 - $116,881, 0.000% - 4.250%, 04/15/2026 - 08/15/2046, with a total market value of $253,064) | |
$ | 249,000 | | |
$ | 249,000 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $763,376) | |
| | | |
| 763,376 | |
TOTAL INVESTMENTS — 103.0%
(Cost $50,658,043) | |
| | | |
$ | 23,322,398 | |
Percentages are based on Net Assets of $22,637,589.
| * |
Non-income producing security. |
| # |
Expiration date not available. |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The
total market value of securities on loan at April 30, 2025 was $968,833. |
| (B) |
Level 3 security in accordance with fair value hierarchy. |
| (C) |
These securities were purchased with cash collateral held from securities on loan. The total
value of such securities as of April 30, 2025 was $763,376. The total value of non-cash collateral held from securities on
loan as of April 30, 2025 was $269,812. |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3(1) | | |
Total | |
| Common Stock | |
$ | 20,507,102 | | |
$ | 864,594 | | |
$ | —^ | | |
$ | 21,371,696 | |
| Master Limited Partnership | |
| 1,171,312 | | |
| — | | |
| — | | |
| 1,171,312 | |
| Rights | |
| 16,014 | | |
| — | | |
| — | | |
| 16,014 | |
| Repurchase Agreements | |
| — | | |
| 763,376 | | |
| — | | |
| 763,376 | |
| Total Investments in Securities | |
$ | 21,694,428 | | |
$ | 1,627,970 | | |
$ | — | | |
$ | 23,322,398 | |
(1) A reconciliation of Level 3 investments and disclosures
of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at
The accompanying notes are an integral
part of the financial statements.
50
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global X Renewable Energy Producers
ETF |
the end of the period in relation to Net Assets. Management
has concluded that Level 3 investments are not material in relation to Net Assets.
^ Includes Securities in which the fair value is $0 or has
been rounded to $0.
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
51
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.9% | |
| | | |
| | |
| IRELAND — 0.4% | |
| | | |
| | |
| Information Technology — 0.4% | |
| | | |
| | |
| Accenture PLC, Cl A | |
| 11,713 | | |
$ | 3,503,944 | |
| | |
| | | |
| | |
| JERSEY — 0.0% | |
| | | |
| | |
| Consumer Discretionary — 0.0% | |
| | | |
| | |
| APTIV PLC * | |
| 6,599 | | |
| 376,539 | |
| | |
| | | |
| | |
| NETHERLANDS — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| NXP Semiconductors | |
| 4,776 | | |
| 880,265 | |
| | |
| | | |
| | |
| SWITZERLAND — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| TE Connectivity PLC | |
| 5,688 | | |
| 832,609 | |
| | |
| | | |
| | |
| UNITED STATES — 99.3% | |
| | | |
| | |
| Communication Services — 9.3% | |
| | | |
| | |
| Alphabet, Cl A | |
| 107,523 | | |
| 17,074,652 | |
| Alphabet, Cl C | |
| 87,131 | | |
| 14,018,507 | |
| AT&T | |
| 131,951 | | |
| 3,655,043 | |
| Charter Communications, Cl A * | |
| 1,808 | | |
| 708,483 | |
| Comcast, Cl A | |
| 69,575 | | |
| 2,379,465 | |
| Electronic Arts | |
| 4,434 | | |
| 643,329 | |
| Fox, Cl A | |
| 4,052 | | |
| 201,749 | |
| Fox, Cl B | |
| 2,435 | | |
| 112,594 | |
| Interpublic Group | |
| 6,897 | | |
| 173,253 | |
| Live Nation Entertainment * | |
| 2,691 | | |
| 356,423 | |
| Match Group | |
| 5,283 | | |
| 156,694 | |
| Meta Platforms, Cl A | |
| 40,392 | | |
| 22,175,208 | |
| Netflix * | |
| 7,909 | | |
| 8,950,773 | |
| News, Cl A | |
| 6,968 | | |
| 188,972 | |
| News, Cl B | |
| 2,635 | | |
| 82,792 | |
| Omnicom Group | |
| 3,627 | | |
| 276,232 | |
| Paramount Global, Cl B | |
| 11,523 | | |
| 135,280 | |
| Take-Two Interactive Software * | |
| 3,030 | | |
| 706,960 | |
| T-Mobile US | |
| 8,848 | | |
| 2,185,014 | |
| Verizon Communications | |
| 77,535 | | |
| 3,416,192 | |
The accompanying notes are an integral
part of the financial statements.
52
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Walt Disney | |
| 33,399 | | |
$ | 3,037,639 | |
| Warner Bros Discovery * | |
| 44,027 | | |
| 381,714 | |
| | |
| | | |
| 81,016,968 | |
| Consumer Discretionary — 10.3% | |
| | | |
| | |
| Airbnb, Cl A * | |
| 12,994 | | |
| 1,584,228 | |
| AutoZone * | |
| 498 | | |
| 1,873,775 | |
| Best Buy | |
| 5,629 | | |
| 375,398 | |
| Booking Holdings | |
| 1,002 | | |
| 5,109,479 | |
| CarMax * | |
| 4,646 | | |
| 300,457 | |
| Carnival * | |
| 29,048 | | |
| 532,740 | |
| Chipotle Mexican Grill, Cl A * | |
| 39,882 | | |
| 2,014,839 | |
| Darden Restaurants | |
| 3,546 | | |
| 711,469 | |
| Deckers Outdoor * | |
| 4,488 | | |
| 497,405 | |
| Domino’s Pizza | |
| 1,051 | | |
| 515,379 | |
| DR Horton | |
| 8,534 | | |
| 1,078,186 | |
| eBay | |
| 14,233 | | |
| 970,121 | |
| Expedia Group | |
| 3,620 | | |
| 568,087 | |
| Ford Motor | |
| 113,751 | | |
| 1,138,648 | |
| Garmin | |
| 4,528 | | |
| 846,147 | |
| General Motors | |
| 29,867 | | |
| 1,351,183 | |
| Genuine Parts | |
| 4,063 | | |
| 477,606 | |
| Hasbro | |
| 3,805 | | |
| 235,529 | |
| Hilton Worldwide Holdings | |
| 7,278 | | |
| 1,641,043 | |
| Home Depot | |
| 29,793 | | |
| 10,740,079 | |
| Lennar, Cl A | |
| 7,050 | | |
| 765,700 | |
| LKQ | |
| 7,329 | | |
| 280,041 | |
| Lowe’s | |
| 16,948 | | |
| 3,788,895 | |
| Lululemon Athletica * | |
| 3,241 | | |
| 877,566 | |
| Marriott International, Cl A | |
| 6,812 | | |
| 1,625,207 | |
| McDonald’s | |
| 21,517 | | |
| 6,877,909 | |
| Mohawk Industries * | |
| 1,627 | | |
| 173,031 | |
| NIKE, Cl B | |
| 35,453 | | |
| 1,999,549 | |
| Norwegian Cruise Line Holdings * | |
| 12,346 | | |
| 197,906 | |
| NVR * | |
| 86 | | |
| 612,814 | |
| O’Reilly Automotive * | |
| 1,698 | | |
| 2,403,010 | |
| Pool | |
| 1,088 | | |
| 318,936 | |
| PulteGroup | |
| 6,031 | | |
| 618,660 | |
| Ross Stores | |
| 9,815 | | |
| 1,364,285 | |
The accompanying notes are an integral
part of the financial statements.
53
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Royal Caribbean Cruises | |
| 7,436 | | |
$ | 1,598,071 | |
| Starbucks | |
| 34,093 | | |
| 2,729,145 | |
| Tapestry | |
| 6,777 | | |
| 478,795 | |
| Tesla * | |
| 83,950 | | |
| 23,687,332 | |
| TJX | |
| 33,744 | | |
| 4,342,178 | |
| Tractor Supply | |
| 15,605 | | |
| 789,925 | |
| Ulta Beauty * | |
| 1,440 | | |
| 569,722 | |
| Yum! Brands | |
| 8,194 | | |
| 1,232,705 | |
| | |
| | | |
| 89,893,180 | |
| Consumer Staples — 6.1% | |
| | | |
| | |
| Archer-Daniels-Midland | |
| 13,348 | | |
| 637,367 | |
| Brown-Forman, Cl B | |
| 4,935 | | |
| 171,935 | |
| Bunge Global | |
| 3,841 | | |
| 302,364 | |
| Campbell Soup | |
| 5,414 | | |
| 197,394 | |
| Clorox | |
| 3,430 | | |
| 488,089 | |
| Colgate-Palmolive | |
| 23,264 | | |
| 2,144,708 | |
| Conagra Brands | |
| 14,184 | | |
| 350,487 | |
| Constellation Brands, Cl A | |
| 4,439 | | |
| 832,490 | |
| Costco Wholesale | |
| 12,767 | | |
| 12,696,781 | |
| Dollar General | |
| 6,073 | | |
| 568,979 | |
| Dollar Tree * | |
| 5,808 | | |
| 474,920 | |
| Estee Lauder, Cl A | |
| 6,486 | | |
| 388,901 | |
| General Mills | |
| 15,687 | | |
| 890,080 | |
| Hormel Foods | |
| 8,365 | | |
| 250,114 | |
| J M Smucker | |
| 2,926 | | |
| 340,206 | |
| Kellanova | |
| 7,502 | | |
| 620,941 | |
| Keurig Dr Pepper | |
| 34,162 | | |
| 1,181,664 | |
| Kimberly-Clark | |
| 9,468 | | |
| 1,247,693 | |
| Kraft Heinz | |
| 24,808 | | |
| 721,913 | |
| Kroger | |
| 18,800 | | |
| 1,357,548 | |
| Lamb Weston Holdings | |
| 4,101 | | |
| 216,574 | |
| McCormick | |
| 6,990 | | |
| 535,853 | |
| Molson Coors Beverage, Cl B | |
| 4,717 | | |
| 271,369 | |
| Monster Beverage * | |
| 19,837 | | |
| 1,192,600 | |
| Procter & Gamble | |
| 67,458 | | |
| 10,966,647 | |
| Sysco | |
| 13,864 | | |
| 989,890 | |
| Tyson Foods, Cl A | |
| 7,939 | | |
| 486,184 | |
| Walgreens Boots Alliance | |
| 20,635 | | |
| 226,366 | |
The accompanying notes are an integral
part of the financial statements.
54
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Walmart | |
| 124,796 | | |
$ | 12,136,411 | |
| | |
| | | |
| 52,886,468 | |
| Energy — 3.1% | |
| | | |
| | |
| APA | |
| 6,373 | | |
| 99,036 | |
| Baker Hughes, Cl A | |
| 18,279 | | |
| 647,077 | |
| Chevron | |
| 30,832 | | |
| 4,195,002 | |
| ConocoPhillips | |
| 23,532 | | |
| 2,097,172 | |
| Coterra Energy | |
| 14,583 | | |
| 358,158 | |
| Devon Energy | |
| 12,260 | | |
| 372,827 | |
| Diamondback Energy | |
| 3,452 | | |
| 455,699 | |
| EOG Resources | |
| 10,471 | | |
| 1,155,265 | |
| EQT | |
| 11,233 | | |
| 555,360 | |
| Exxon Mobil | |
| 80,236 | | |
| 8,475,329 | |
| Halliburton | |
| 17,277 | | |
| 342,430 | |
| Hess | |
| 5,263 | | |
| 679,190 | |
| Kinder Morgan | |
| 35,458 | | |
| 932,545 | |
| Marathon Petroleum | |
| 5,836 | | |
| 801,925 | |
| Occidental Petroleum | |
| 12,892 | | |
| 508,074 | |
| ONEOK | |
| 11,707 | | |
| 961,847 | |
| Phillips 66 | |
| 7,703 | | |
| 801,574 | |
| Schlumberger | |
| 26,030 | | |
| 865,497 | |
| Targa Resources | |
| 3,965 | | |
| 677,618 | |
| Texas Pacific Land | |
| 334 | | |
| 430,483 | |
| Valero Energy | |
| 5,883 | | |
| 682,957 | |
| Williams | |
| 22,331 | | |
| 1,307,927 | |
| | |
| | | |
| 27,402,992 | |
| Financials — 14.2% | |
| | | |
| | |
| Aflac | |
| 10,787 | | |
| 1,172,331 | |
| Allstate | |
| 5,618 | | |
| 1,114,555 | |
| American Express | |
| 11,797 | | |
| 3,142,839 | |
| American International Group | |
| 12,739 | | |
| 1,038,483 | |
| Ameriprise Financial | |
| 2,017 | | |
| 950,047 | |
| Aon PLC, Cl A | |
| 4,535 | | |
| 1,608,973 | |
| Apollo Global Management | |
| 9,432 | | |
| 1,287,279 | |
| Arch Capital Group | |
| 8,038 | | |
| 728,886 | |
| Arthur J Gallagher | |
| 5,284 | | |
| 1,694,526 | |
| Assurant | |
| 1,007 | | |
| 194,089 | |
The accompanying notes are an integral
part of the financial statements.
55
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Bank of America | |
| 140,381 | | |
$ | 5,598,394 | |
| Bank of New York Mellon | |
| 15,346 | | |
| 1,233,972 | |
| BlackRock Funding | |
| 3,084 | | |
| 2,819,578 | |
| Blackstone | |
| 15,402 | | |
| 2,028,597 | |
| Brown & Brown | |
| 5,067 | | |
| 560,410 | |
| Capital One Financial | |
| 8,203 | | |
| 1,478,673 | |
| Cboe Global Markets | |
| 2,063 | | |
| 457,573 | |
| Charles Schwab | |
| 36,233 | | |
| 2,949,366 | |
| Chubb | |
| 7,781 | | |
| 2,225,989 | |
| Cincinnati Financial | |
| 3,084 | | |
| 429,324 | |
| Citigroup | |
| 39,978 | | |
| 2,733,696 | |
| Citizens Financial Group | |
| 8,729 | | |
| 322,013 | |
| CME Group, Cl A | |
| 7,701 | | |
| 2,133,793 | |
| Corpay * | |
| 1,336 | | |
| 434,694 | |
| Discover Financial Services | |
| 5,064 | | |
| 925,041 | |
| Erie Indemnity, Cl A | |
| 524 | | |
| 187,917 | |
| FactSet Research Systems | |
| 740 | | |
| 319,843 | |
| Fidelity National Information Services | |
| 11,407 | | |
| 899,784 | |
| Fifth Third Bancorp | |
| 14,214 | | |
| 510,851 | |
| Fiserv * | |
| 12,067 | | |
| 2,227,206 | |
| Franklin Resources | |
| 6,155 | | |
| 115,468 | |
| Global Payments | |
| 4,919 | | |
| 375,369 | |
| Globe Life | |
| 2,001 | | |
| 246,803 | |
| Goldman Sachs Group | |
| 6,648 | | |
| 3,640,112 | |
| Hartford Financial Services Group | |
| 5,817 | | |
| 713,571 | |
| Huntington Bancshares | |
| 28,867 | | |
| 419,438 | |
| Intercontinental Exchange | |
| 12,301 | | |
| 2,066,199 | |
| Invesco | |
| 6,911 | | |
| 96,270 | |
| Jack Henry & Associates | |
| 1,411 | | |
| 244,710 | |
| JPMorgan Chase | |
| 59,296 | | |
| 14,504,988 | |
| KeyCorp | |
| 18,678 | | |
| 277,182 | |
| KKR | |
| 14,430 | | |
| 1,648,916 | |
| Loews | |
| 3,921 | | |
| 340,460 | |
| M&T Bank | |
| 3,419 | | |
| 580,409 | |
| MarketAxess Holdings | |
| 771 | | |
| 170,846 | |
| Marsh & McLennan | |
| 10,524 | | |
| 2,372,846 | |
| Mastercard, Cl A | |
| 17,252 | | |
| 9,455,131 | |
| MetLife | |
| 11,903 | | |
| 897,129 | |
| Moody’s | |
| 3,258 | | |
| 1,476,265 | |
The accompanying notes are an integral
part of the financial statements.
56
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Morgan Stanley | |
| 26,252 | | |
$ | 3,030,006 | |
| MSCI, Cl A | |
| 1,575 | | |
| 858,548 | |
| Nasdaq | |
| 8,838 | | |
| 673,544 | |
| Northern Trust | |
| 4,090 | | |
| 384,378 | |
| PayPal Holdings * | |
| 21,179 | | |
| 1,394,425 | |
| PNC Financial Services Group | |
| 8,565 | | |
| 1,376,310 | |
| Principal Financial Group | |
| 4,150 | | |
| 307,723 | |
| Progressive | |
| 12,354 | | |
| 3,480,616 | |
| Prudential Financial | |
| 7,543 | | |
| 774,742 | |
| Raymond James Financial | |
| 3,664 | | |
| 502,115 | |
| Regions Financial | |
| 17,836 | | |
| 364,033 | |
| S&P Global | |
| 6,728 | | |
| 3,364,336 | |
| State Street | |
| 5,821 | | |
| 512,830 | |
| Synchrony Financial | |
| 7,684 | | |
| 399,184 | |
| T Rowe Price Group | |
| 4,386 | | |
| 388,380 | |
| Travelers | |
| 4,868 | | |
| 1,285,785 | |
| Truist Financial | |
| 28,702 | | |
| 1,100,435 | |
| US Bancorp | |
| 33,369 | | |
| 1,346,106 | |
| Visa, Cl A | |
| 36,575 | | |
| 12,636,663 | |
| W R Berkley | |
| 5,989 | | |
| 429,351 | |
| Wells Fargo | |
| 69,716 | | |
| 4,950,533 | |
| Willis Towers Watson PLC | |
| 2,008 | | |
| 618,062 | |
| | |
| | | |
| 123,228,939 | |
| Health Care — 11.2% | |
| | | |
| | |
| Align Technology * | |
| 3,689 | | |
| 639,304 | |
| Amgen | |
| 27,922 | | |
| 8,123,068 | |
| Baxter International | |
| 26,902 | | |
| 838,535 | |
| Biogen * | |
| 7,633 | | |
| 924,204 | |
| Boston Scientific * | |
| 76,517 | | |
| 7,871,304 | |
| Cardinal Health | |
| 12,720 | | |
| 1,797,209 | |
| Cencora | |
| 8,969 | | |
| 2,624,957 | |
| Cigna Group | |
| 14,212 | | |
| 4,832,648 | |
| CVS Health | |
| 65,460 | | |
| 4,366,836 | |
| DaVita * | |
| 2,559 | | |
| 362,226 | |
| Dexcom * | |
| 20,550 | | |
| 1,466,859 | |
| Edwards Lifesciences * | |
| 31,149 | | |
| 2,351,438 | |
| Elevance Health | |
| 12,026 | | |
| 5,057,895 | |
| GE HealthCare Technologies | |
| 24,017 | | |
| 1,689,116 | |
The accompanying notes are an integral
part of the financial statements.
57
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Gilead Sciences | |
| 64,705 | | |
$ | 6,893,671 | |
| Henry Schein * | |
| 6,566 | | |
| 426,593 | |
| Hologic * | |
| 12,154 | | |
| 707,363 | |
| Humana | |
| 6,327 | | |
| 1,659,192 | |
| IDEXX Laboratories * | |
| 4,340 | | |
| 1,877,701 | |
| Incyte * | |
| 8,345 | | |
| 522,898 | |
| Insulet * | |
| 3,689 | | |
| 930,698 | |
| Intuitive Surgical * | |
| 18,508 | | |
| 9,546,426 | |
| IQVIA Holdings * | |
| 8,697 | | |
| 1,348,644 | |
| Labcorp Holdings | |
| 4,406 | | |
| 1,061,890 | |
| McKesson | |
| 6,504 | | |
| 4,635,986 | |
| Medtronic PLC | |
| 66,592 | | |
| 5,644,338 | |
| Mettler-Toledo International * | |
| 1,098 | | |
| 1,175,486 | |
| Molina Healthcare * | |
| 2,864 | | |
| 936,557 | |
| Quest Diagnostics | |
| 5,812 | | |
| 1,035,815 | |
| ResMed | |
| 7,735 | | |
| 1,830,024 | |
| Solventum * | |
| 7,668 | | |
| 507,008 | |
| STERIS PLC | |
| 5,170 | | |
| 1,161,906 | |
| Stryker | |
| 17,849 | | |
| 6,674,098 | |
| West Pharmaceutical Services | |
| 3,798 | | |
| 802,479 | |
| Zimmer Biomet Holdings | |
| 10,440 | | |
| 1,075,842 | |
| Zoetis, Cl A | |
| 23,242 | | |
| 3,635,049 | |
| | |
| | | |
| 97,035,263 | |
| Industrials — 8.5% | |
| | | |
| | |
| 3M | |
| 12,469 | | |
| 1,732,069 | |
| A O Smith | |
| 2,805 | | |
| 190,347 | |
| Allegion PLC | |
| 2,024 | | |
| 281,741 | |
| AMETEK | |
| 5,428 | | |
| 920,480 | |
| Automatic Data Processing | |
| 9,378 | | |
| 2,819,027 | |
| Axon Enterprise * | |
| 1,689 | | |
| 1,035,864 | |
| Broadridge Financial Solutions | |
| 2,735 | | |
| 662,964 | |
| Builders FirstSource * | |
| 2,728 | | |
| 326,351 | |
| Carrier Global | |
| 19,084 | | |
| 1,193,513 | |
| Caterpillar | |
| 11,082 | | |
| 3,427,330 | |
| CH Robinson Worldwide | |
| 2,743 | | |
| 244,731 | |
| Cintas | |
| 8,034 | | |
| 1,700,637 | |
| Copart * | |
| 20,509 | | |
| 1,251,664 | |
| CSX | |
| 44,254 | | |
| 1,242,210 | |
The accompanying notes are an integral
part of the financial statements.
58
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Cummins | |
| 3,224 | | |
$ | 947,340 | |
| Dayforce * | |
| 3,578 | | |
| 207,059 | |
| Deere | |
| 5,806 | | |
| 2,691,429 | |
| Delta Air Lines | |
| 15,078 | | |
| 627,697 | |
| Dover | |
| 3,231 | | |
| 551,370 | |
| Eaton PLC | |
| 9,087 | | |
| 2,674,940 | |
| Emerson Electric | |
| 13,092 | | |
| 1,376,100 | |
| Equifax | |
| 2,905 | | |
| 755,678 | |
| Expeditors International of Washington | |
| 3,363 | | |
| 369,627 | |
| Fastenal | |
| 13,423 | | |
| 1,086,860 | |
| FedEx | |
| 5,156 | | |
| 1,084,462 | |
| Fortive | |
| 8,211 | | |
| 572,225 | |
| GE Vernova | |
| 6,318 | | |
| 2,342,841 | |
| Generac Holdings * | |
| 1,374 | | |
| 157,158 | |
| General Electric | |
| 24,932 | | |
| 5,024,795 | |
| Howmet Aerospace | |
| 9,570 | | |
| 1,326,211 | |
| Hubbell, Cl B | |
| 1,255 | | |
| 455,791 | |
| IDEX | |
| 1,755 | | |
| 305,317 | |
| Illinois Tool Works | |
| 6,162 | | |
| 1,478,325 | |
| Ingersoll Rand | |
| 9,459 | | |
| 713,492 | |
| JB Hunt Transport Services | |
| 1,848 | | |
| 241,312 | |
| Johnson Controls International | |
| 15,652 | | |
| 1,313,203 | |
| Lennox International | |
| 749 | | |
| 409,516 | |
| Masco | |
| 4,914 | | |
| 297,838 | |
| Nordson | |
| 1,318 | | |
| 249,853 | |
| Norfolk Southern | |
| 5,300 | | |
| 1,187,465 | |
| Old Dominion Freight Line | |
| 4,329 | | |
| 663,549 | |
| Otis Worldwide | |
| 9,388 | | |
| 903,783 | |
| PACCAR | |
| 12,285 | | |
| 1,108,230 | |
| Parker-Hannifin | |
| 3,021 | | |
| 1,827,886 | |
| Paychex | |
| 7,502 | | |
| 1,103,694 | |
| Paycom Software | |
| 1,096 | | |
| 248,123 | |
| Pentair PLC | |
| 3,811 | | |
| 345,772 | |
| Quanta Services | |
| 3,442 | | |
| 1,007,439 | |
| Republic Services, Cl A | |
| 4,773 | | |
| 1,196,830 | |
| Rockwell Automation | |
| 2,658 | | |
| 658,333 | |
| Rollins | |
| 6,700 | | |
| 382,771 | |
| Snap-On | |
| 1,230 | | |
| 385,986 | |
| Southwest Airlines | |
| 14,009 | | |
| 391,692 | |
The accompanying notes are an integral
part of the financial statements.
59
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Stanley Black & Decker | |
| 3,594 | | |
$ | 215,712 | |
| Trane Technologies PLC | |
| 5,172 | | |
| 1,982,479 | |
| Uber Technologies * | |
| 48,370 | | |
| 3,918,454 | |
| Union Pacific | |
| 13,937 | | |
| 3,005,653 | |
| United Airlines Holdings * | |
| 7,416 | | |
| 510,369 | |
| United Parcel Service, Cl B | |
| 16,784 | | |
| 1,599,515 | |
| United Rentals | |
| 1,517 | | |
| 957,910 | |
| Veralto | |
| 5,551 | | |
| 532,341 | |
| Verisk Analytics, Cl A | |
| 3,199 | | |
| 948,280 | |
| Waste Management | |
| 8,457 | | |
| 1,973,526 | |
| Westinghouse Air Brake Technologies | |
| 4,107 | | |
| 758,727 | |
| WW Grainger | |
| 1,000 | | |
| 1,024,310 | |
| Xylem | |
| 5,699 | | |
| 687,128 | |
| | |
| | | |
| 73,815,324 | |
| Information Technology — 29.7% | |
| | | |
| | |
| Adobe * | |
| 8,149 | | |
| 3,055,712 | |
| Advanced Micro Devices * | |
| 30,198 | | |
| 2,939,775 | |
| Akamai Technologies * | |
| 2,917 | | |
| 235,052 | |
| Amphenol, Cl A | |
| 22,899 | | |
| 1,762,078 | |
| Analog Devices | |
| 9,335 | | |
| 1,819,578 | |
| ANSYS * | |
| 1,677 | | |
| 539,793 | |
| Apple | |
| 281,916 | | |
| 59,907,150 | |
| Applied Materials | |
| 15,478 | | |
| 2,332,689 | |
| Arista Networks * | |
| 19,493 | | |
| 1,603,689 | |
| Autodesk * | |
| 4,087 | | |
| 1,120,860 | |
| Broadcom | |
| 88,011 | | |
| 16,939,477 | |
| Cadence Design Systems * | |
| 5,116 | | |
| 1,523,238 | |
| CDW | |
| 2,503 | | |
| 401,882 | |
| Cisco Systems | |
| 74,784 | | |
| 4,317,280 | |
| Cognizant Technology Solutions, Cl A | |
| 9,703 | | |
| 713,850 | |
| Crowdstrike Holdings, Cl A * | |
| 4,631 | | |
| 1,986,097 | |
| Dell Technologies, Cl C | |
| 5,726 | | |
| 525,418 | |
| Enphase Energy * | |
| 2,662 | | |
| 118,699 | |
| EPAM Systems * | |
| 1,067 | | |
| 167,423 | |
| F5 * | |
| 1,140 | | |
| 301,804 | |
| Fair Isaac * | |
| 449 | | |
| 893,366 | |
| First Solar * | |
| 2,016 | | |
| 253,653 | |
| Fortinet * | |
| 11,941 | | |
| 1,238,998 | |
The accompanying notes are an integral
part of the financial statements.
60
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Gartner * | |
| 1,442 | | |
$ | 607,197 | |
| Gen Digital | |
| 10,185 | | |
| 263,486 | |
| GoDaddy, Cl A * | |
| 2,651 | | |
| 499,263 | |
| Hewlett Packard Enterprise | |
| 25,279 | | |
| 410,025 | |
| HP | |
| 16,946 | | |
| 433,309 | |
| Intel | |
| 80,165 | | |
| 1,611,316 | |
| Intuit | |
| 5,228 | | |
| 3,280,413 | |
| Jabil | |
| 1,985 | | |
| 290,922 | |
| Juniper Networks | |
| 6,225 | | |
| 226,092 | |
| Keysight Technologies * | |
| 3,207 | | |
| 466,298 | |
| KLA | |
| 2,511 | | |
| 1,764,455 | |
| Lam Research | |
| 24,409 | | |
| 1,749,393 | |
| Microchip Technology | |
| 10,315 | | |
| 475,315 | |
| Micron Technology | |
| 20,924 | | |
| 1,610,102 | |
| Microsoft | |
| 139,515 | | |
| 55,144,699 | |
| Monolithic Power Systems | |
| 902 | | |
| 534,976 | |
| Motorola Solutions | |
| 3,211 | | |
| 1,414,092 | |
| NetApp | |
| 3,930 | | |
| 352,717 | |
| NVIDIA | |
| 459,578 | | |
| 50,057,236 | |
| ON Semiconductor * | |
| 8,159 | | |
| 323,912 | |
| Oracle | |
| 30,244 | | |
| 4,255,936 | |
| Palantir Technologies, Cl A * | |
| 38,491 | | |
| 4,558,874 | |
| Palo Alto Networks * | |
| 12,242 | | |
| 2,288,397 | |
| PTC * | |
| 2,207 | | |
| 342,019 | |
| QUALCOMM | |
| 20,831 | | |
| 3,092,570 | |
| Roper Technologies | |
| 1,990 | | |
| 1,114,559 | |
| Salesforce | |
| 17,928 | | |
| 4,817,433 | |
| Seagate Technology Holdings | |
| 4,085 | | |
| 371,858 | |
| ServiceNow * | |
| 3,851 | | |
| 3,677,744 | |
| Skyworks Solutions | |
| 3,133 | | |
| 201,389 | |
| Super Micro Computer * | |
| 9,777 | | |
| 311,495 | |
| Synopsys * | |
| 2,869 | | |
| 1,316,900 | |
| Teledyne Technologies * | |
| 895 | | |
| 417,097 | |
| Teradyne | |
| 3,222 | | |
| 239,105 | |
| Texas Instruments | |
| 17,090 | | |
| 2,735,254 | |
| Trimble * | |
| 4,518 | | |
| 280,749 | |
| Tyler Technologies * | |
| 771 | | |
| 418,884 | |
| VeriSign * | |
| 1,555 | | |
| 438,697 | |
| Western Digital * | |
| 6,600 | | |
| 289,476 | |
The accompanying notes are an integral
part of the financial statements.
61
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Workday, Cl A * | |
| 3,994 | | |
$ | 978,530 | |
| Zebra Technologies, Cl A * | |
| 970 | | |
| 242,810 | |
| | |
| | | |
| 258,602,555 | |
| Materials — 2.0% | |
| | | |
| | |
| Air Products & Chemicals | |
| 4,196 | | |
| 1,137,494 | |
| Albemarle | |
| 2,504 | | |
| 146,609 | |
| Amcor PLC | |
| 27,906 | | |
| 256,735 | |
| Avery Dennison | |
| 1,681 | | |
| 287,636 | |
| Ball | |
| 5,914 | | |
| 307,173 | |
| CF Industries Holdings | |
| 3,559 | | |
| 278,919 | |
| Corteva | |
| 13,372 | | |
| 828,930 | |
| Dow | |
| 13,759 | | |
| 420,888 | |
| DuPont de Nemours | |
| 8,175 | | |
| 539,468 | |
| Ecolab | |
| 4,711 | | |
| 1,184,487 | |
| Freeport-McMoRan | |
| 27,091 | | |
| 976,089 | |
| International Flavors & Fragrances | |
| 4,824 | | |
| 378,491 | |
| International Paper | |
| 9,991 | | |
| 456,389 | |
| Linde PLC | |
| 8,977 | | |
| 4,068,646 | |
| LyondellBasell Industries, Cl A | |
| 4,889 | | |
| 284,589 | |
| Martin Marietta Materials | |
| 1,118 | | |
| 585,810 | |
| Mosaic | |
| 5,993 | | |
| 182,187 | |
| Newmont | |
| 22,163 | | |
| 1,167,547 | |
| Nucor | |
| 4,434 | | |
| 529,286 | |
| Packaging Corp of America | |
| 1,692 | | |
| 314,052 | |
| PPG Industries | |
| 4,284 | | |
| 466,356 | |
| Sherwin-Williams | |
| 4,369 | | |
| 1,541,907 | |
| Smurfit WestRock | |
| 9,051 | | |
| 380,323 | |
| Steel Dynamics | |
| 2,879 | | |
| 373,435 | |
| Vulcan Materials | |
| 2,472 | | |
| 648,480 | |
| | |
| | | |
| 17,741,926 | |
| Real Estate — 2.3% | |
| | | |
| | |
| American Tower ‡ | |
| 9,412 | | |
| 2,121,559 | |
| AvalonBay Communities ‡ | |
| 2,943 | | |
| 617,971 | |
| BXP ‡ | |
| 3,143 | | |
| 200,304 | |
| Camden Property Trust ‡ | |
| 2,070 | | |
| 235,566 | |
| CBRE Group, Cl A * | |
| 6,149 | | |
| 751,285 | |
| CoStar Group * | |
| 8,043 | | |
| 596,549 | |
The accompanying notes are an integral
part of the financial statements.
62
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Crown Castle ‡ | |
| 8,760 | | |
$ | 926,458 | |
| Digital Realty Trust ‡ | |
| 6,183 | | |
| 992,619 | |
| Equinix ‡ | |
| 1,947 | | |
| 1,675,880 | |
| Equity Residential ‡ | |
| 6,936 | | |
| 487,323 | |
| Essex Property Trust ‡ | |
| 1,295 | | |
| 361,499 | |
| Extra Space Storage ‡ | |
| 4,453 | | |
| 652,454 | |
| Federal Realty Investment Trust ‡ | |
| 1,468 | | |
| 138,021 | |
| Host Hotels & Resorts ‡ | |
| 15,726 | | |
| 222,051 | |
| Invitation Homes ‡ | |
| 11,481 | | |
| 392,535 | |
| Iron Mountain ‡ | |
| 5,875 | | |
| 526,811 | |
| Kimco Realty ‡ | |
| 12,557 | | |
| 250,889 | |
| Mid-America Apartment Communities ‡ | |
| 2,459 | | |
| 392,579 | |
| ProLogis ‡ | |
| 18,669 | | |
| 1,907,972 | |
| Public Storage ‡ | |
| 3,191 | | |
| 958,672 | |
| Realty Income ‡ | |
| 17,180 | | |
| 994,035 | |
| Regency Centers ‡ | |
| 3,329 | | |
| 240,287 | |
| SBA Communications, Cl A ‡ | |
| 2,150 | | |
| 523,310 | |
| Simon Property Group ‡ | |
| 6,183 | | |
| 973,081 | |
| UDR ‡ | |
| 6,154 | | |
| 257,730 | |
| Welltower ‡ | |
| 12,269 | | |
| 1,872,127 | |
| Weyerhaeuser ‡ | |
| 14,618 | | |
| 378,752 | |
| | |
| | | |
| 19,648,319 | |
| Utilities — 2.6% | |
| | | |
| | |
| AES | |
| 14,202 | | |
| 142,020 | |
| Alliant Energy | |
| 4,738 | | |
| 289,208 | |
| Ameren | |
| 4,892 | | |
| 485,482 | |
| American Electric Power | |
| 9,989 | | |
| 1,082,208 | |
| American Water Works | |
| 3,714 | | |
| 545,995 | |
| Atmos Energy | |
| 2,924 | | |
| 469,682 | |
| CenterPoint Energy | |
| 11,643 | | |
| 451,516 | |
| CMS Energy | |
| 5,979 | | |
| 440,353 | |
| Consolidated Edison | |
| 6,392 | | |
| 720,698 | |
| Constellation Energy | |
| 5,769 | | |
| 1,289,025 | |
| Dominion Energy | |
| 15,495 | | |
| 842,618 | |
| DTE Energy | |
| 4,030 | | |
| 552,110 | |
| Duke Energy | |
| 14,215 | | |
| 1,734,514 | |
| Edison International | |
| 7,148 | | |
| 382,490 | |
| Entergy | |
| 8,194 | | |
| 681,495 | |
The accompanying notes are an integral
part of the financial statements.
63
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Catholic Values ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| Evergy | |
| 4,238 | | |
$ | 292,846 | |
| Eversource Energy | |
| 6,934 | | |
| 412,434 | |
| Exelon | |
| 18,538 | | |
| 869,432 | |
| FirstEnergy | |
| 9,087 | | |
| 389,651 | |
| NextEra Energy | |
| 37,849 | | |
| 2,531,341 | |
| NiSource | |
| 8,673 | | |
| 339,201 | |
| NRG Energy | |
| 3,947 | | |
| 432,512 | |
| PG&E | |
| 38,662 | | |
| 638,696 | |
| Pinnacle West Capital | |
| 2,046 | | |
| 194,738 | |
| PPL | |
| 13,625 | | |
| 497,313 | |
| Public Service Enterprise Group | |
| 9,189 | | |
| 734,477 | |
| Sempra | |
| 11,683 | | |
| 867,696 | |
| Southern | |
| 20,123 | | |
| 1,849,103 | |
| Vistra | |
| 6,204 | | |
| 804,225 | |
| WEC Energy Group | |
| 5,802 | | |
| 635,435 | |
| Xcel Energy | |
| 10,254 | | |
| 724,958 | |
| | |
| | | |
| 22,323,472 | |
| TOTAL UNITED STATES | |
| | | |
| 863,595,406 | |
TOTAL COMMON STOCK
(Cost $665,465,237) | |
| | | |
| 869,188,763 | |
TOTAL INVESTMENTS — 99.9%
(Cost $665,465,237) | |
| | | |
$ | 869,188,763 | |
Percentages are based on Net Assets of $869,663,035.
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
As of April 30, 2025, all of the Fund’s
investments were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under
U.S. GAAP.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
64
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® EAFE ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 97.1% | |
| | | |
| | |
| AUSTRALIA — 3.2% | |
| | | |
| | |
| Materials — 1.4% | |
| | | |
| | |
| Fortescue | |
| 15,663 | | |
$ | 162,255 | |
| | |
| | | |
| | |
| Utilities — 1.8% | |
| | | |
| | |
| APA Group | |
| 40,748 | | |
| 214,317 | |
| | |
| | | |
| | |
| TOTAL AUSTRALIA | |
| | | |
| 376,572 | |
| AUSTRIA — 1.8% | |
| | | |
| | |
| Energy — 1.8% | |
| | | |
| | |
| OMV | |
| 4,105 | | |
| 212,599 | |
| | |
| | | |
| | |
| BELGIUM — 2.0% | |
| | | |
| | |
| Financials — 2.0% | |
| | | |
| | |
| Ageas | |
| 3,706 | | |
| 232,757 | |
| | |
| | | |
| | |
| FINLAND — 3.1% | |
| | | |
| | |
| Energy — 1.2% | |
| | | |
| | |
| Neste | |
| 13,112 | | |
| 136,471 | |
| | |
| | | |
| | |
| Utilities — 1.9% | |
| | | |
| | |
| Fortum | |
| 13,355 | | |
| 223,848 | |
| | |
| | | |
| | |
| TOTAL FINLAND | |
| | | |
| 360,319 | |
| FRANCE — 10.9% | |
| | | |
| | |
| Communication Services — 2.3% | |
| | | |
| | |
| Orange | |
| 18,256 | | |
| 265,321 | |
| | |
| | | |
| | |
| Financials — 4.0% | |
| | | |
| | |
| AXA | |
| 5,302 | | |
| 250,545 | |
| Credit Agricole | |
| 11,396 | | |
| 213,618 | |
| | |
| | | |
| 464,163 | |
| Real Estate — 2.4% | |
| | | |
| | |
| Klepierre ‡ | |
| 7,738 | | |
| 283,589 | |
The accompanying notes are an integral
part of the financial statements.
65
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® EAFE ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — 2.2% | |
| | | |
| | |
| Engie | |
| 12,610 | | |
$ | 260,672 | |
| | |
| | | |
| | |
| TOTAL FRANCE | |
| | | |
| 1,273,745 | |
| GERMANY — 3.3% | |
| | | |
| | |
| Consumer Discretionary — 1.5% | |
| | | |
| | |
| Mercedes-Benz Group | |
| 3,004 | | |
| 179,174 | |
| | |
| | | |
| | |
| Materials — 1.8% | |
| | | |
| | |
| BASF | |
| 4,083 | | |
| 207,144 | |
| | |
| | | |
| | |
| TOTAL GERMANY | |
| | | |
| 386,318 | |
| HONG KONG — 12.2% | |
| | | |
| | |
| Communication Services — 2.3% | |
| | | |
| | |
| HKT Trust & HKT | |
| 186,920 | | |
| 266,109 | |
| | |
| | | |
| | |
| Real Estate — 5.7% | |
| | | |
| | |
| Henderson Land Development | |
| 61,833 | | |
| 175,419 | |
| Hongkong Land Holdings | |
| 61,900 | | |
| 302,691 | |
| Sino Land | |
| 185,300 | | |
| 190,684 | |
| | |
| | | |
| 668,794 | |
| Utilities — 4.2% | |
| | | |
| | |
| CK Infrastructure Holdings | |
| 36,200 | | |
| 244,144 | |
| Power Assets Holdings | |
| 36,173 | | |
| 239,530 | |
| | |
| | | |
| 483,674 | |
| TOTAL HONG KONG | |
| | | |
| 1,418,577 | |
| ITALY — 13.0% | |
| | | |
| | |
| Energy — 1.2% | |
| | | |
| | |
| Eni | |
| 10,026 | | |
| 144,743 | |
| | |
| | | |
| | |
| Financials — 9.6% | |
| | | |
| | |
| Banco BPM | |
| 27,255 | | |
| 303,439 | |
| Generali | |
| 7,661 | | |
| 279,896 | |
| Mediobanca Banca di Credito Finanziario | |
| 12,054 | | |
| 246,438 | |
| Poste Italiane | |
| 14,258 | | |
| 289,147 | |
| | |
| | | |
| 1,118,920 | |
The accompanying notes are an integral
part of the financial statements.
66
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® EAFE ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — 2.2% | |
| | | |
| | |
| Snam | |
| 44,006 | | |
$ | 253,121 | |
| | |
| | | |
| | |
| TOTAL ITALY | |
| | | |
| 1,516,784 | |
| JAPAN — 4.0% | |
| | | |
| | |
| Communication Services — 2.3% | |
| | | |
| | |
| SoftBank | |
| 176,133 | | |
| 266,595 | |
| | |
| | | |
| | |
| Financials — 1.7% | |
| | | |
| | |
| Japan Post Holdings | |
| 20,618 | | |
| 200,196 | |
| | |
| | | |
| | |
| TOTAL JAPAN | |
| | | |
| 466,791 | |
| NETHERLANDS — 4.1% | |
| | | |
| | |
| Financials — 4.1% | |
| | | |
| | |
| ABN AMRO Bank | |
| 11,234 | | |
| 232,419 | |
| NN Group | |
| 3,935 | | |
| 241,101 | |
| | |
| | | |
| | |
| TOTAL NETHERLANDS | |
| | | |
| 473,520 | |
| NORWAY — 7.6% | |
| | | |
| | |
| Communication Services — 2.3% | |
| | | |
| | |
| Telenor | |
| 18,230 | | |
| 274,594 | |
| | |
| | | |
| | |
| Energy — 3.1% | |
| | | |
| | |
| Aker BP | |
| 8,623 | | |
| 185,599 | |
| Equinor | |
| 7,598 | | |
| 174,308 | |
| | |
| | | |
| 359,907 | |
| Financials — 2.2% | |
| | | |
| | |
| DNB Bank | |
| 10,372 | | |
| 258,851 | |
| | |
| | | |
| | |
| TOTAL NORWAY | |
| | | |
| 893,352 | |
| PORTUGAL — 1.8% | |
| | | |
| | |
| Utilities — 1.8% | |
| | | |
| | |
| EDP | |
| 53,682 | | |
| 212,116 | |
The accompanying notes are an integral
part of the financial statements.
67
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® EAFE ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| SINGAPORE — 2.1% | |
| | | |
| | |
| Industrials — 2.1% | |
| | | |
| | |
| Singapore Airlines | |
| 46,900 | | |
$ | 241,019 | |
| | |
| | | |
| | |
| SPAIN — 8.4% | |
| | | |
| | |
| Communication Services — 2.1% | |
| | | |
| | |
| Telefonica | |
| 46,485 | | |
| 238,740 | |
| | |
| | | |
| | |
| Energy — 1.2% | |
| | | |
| | |
| Repsol | |
| 11,413 | | |
| 140,246 | |
| | |
| | | |
| | |
| Financials — 2.3% | |
| | | |
| | |
| CaixaBank | |
| 34,976 | | |
| 267,658 | |
| | |
| | | |
| | |
| Industrials — 2.8% | |
| | | |
| | |
| ACS Actividades de Construccion y Servicios | |
| 5,251 | | |
| 328,896 | |
| | |
| | | |
| | |
| TOTAL SPAIN | |
| | | |
| 975,540 | |
| SWITZERLAND — 2.2% | |
| | | |
| | |
| Financials — 2.2% | |
| | | |
| | |
| Zurich Insurance Group | |
| 366 | | |
| 259,396 | |
| | |
| | | |
| | |
| UNITED KINGDOM — 16.6% | |
| | | |
| | |
| Communication Services — 1.9% | |
| | | |
| | |
| Vodafone Group PLC | |
| 224,318 | | |
| 219,503 | |
| | |
| | | |
| | |
| Consumer Staples — 5.6% | |
| | | |
| | |
| British American Tobacco PLC | |
| 6,809 | | |
| 295,399 | |
| Imperial Brands | |
| 8,673 | | |
| 356,109 | |
| | |
| | | |
| 651,508 | |
| Financials — 7.3% | |
| | | |
| | |
| Aviva PLC | |
| 30,438 | | |
| 227,674 | |
| Legal & General Group PLC | |
| 59,843 | | |
| 187,442 | |
| M&G PLC | |
| 73,359 | | |
| 203,222 | |
| Phoenix Group Holdings PLC | |
| 29,506 | | |
| 235,482 | |
| | |
| | | |
| 853,820 | |
The accompanying notes are an integral
part of the financial statements.
68
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X MSCI SuperDividend® EAFE ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — 1.8% | |
| | | |
| | |
| National Grid PLC | |
| 14,874 | | |
$ | 215,162 | |
| | |
| | | |
| | |
| TOTAL UNITED KINGDOM | |
| | | |
| 1,939,993 | |
| UNITED STATES — 0.8% | |
| | | |
| | |
| Consumer Discretionary — 0.8% | |
| | | |
| | |
| Stellantis | |
| 9,607 | | |
| 88,895 | |
| | |
| | | |
| | |
TOTAL COMMON STOCK
(Cost $10,193,593) | |
| | | |
| 11,328,293 | |
| | |
| | | |
| | |
| PREFERRED STOCK — 1.5% | |
| | | |
| | |
| GERMANY — 1.5% | |
| | | |
| | |
| Consumer Discretionary — 1.5% | |
| | | |
| | |
| Volkswagen (A) | |
| 1,684 | | |
| 182,700 | |
TOTAL PREFERRED STOCK
(Cost $203,411) | |
| | | |
| 182,700 | |
TOTAL INVESTMENTS — 98.6%
(Cost $10,397,004) | |
| | | |
$ | 11,510,993 | |
Percentages are based on Net Assets of $11,669,083.
| ‡ |
Real Estate Investment Trust |
| (A) |
There is currently no stated interest rate. |
As of April 30, 2025, all of the Fund’s
investments were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under
U.S. GAAP.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
69
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X E-commerce ETF |
| | |
| Shares | | |
| Value | |
| COMMON STOCK — 99.9% | |
| | | |
| | |
| AUSTRALIA — 1.6% | |
| | | |
| | |
| Consumer Discretionary — 1.6% | |
| | | |
| | |
| Temple & Webster Group * | |
| 45,722 | | |
$ | 520,742 | |
| Webjet * (A) | |
| 188,995 | | |
| 521,200 | |
| | |
| | | |
| | |
| TOTAL AUSTRALIA | |
| | | |
| 1,041,942 | |
| BRAZIL — 5.4% | |
| | | |
| | |
| Communication Services — 0.3% | |
| | | |
| | |
| VTEX, Cl A * | |
| 32,526 | | |
| 175,315 | |
| | |
| | | |
| | |
| Consumer Discretionary — 5.1% | |
| | | |
| | |
| MercadoLibre * | |
| 1,456 | | |
| 3,393,718 | |
| | |
| | | |
| | |
| TOTAL BRAZIL | |
| | | |
| 3,569,033 | |
| CANADA — 8.3% | |
| | | |
| | |
| Industrials — 4.6% | |
| | | |
| | |
| RB Global | |
| 29,828 | | |
| 3,003,680 | |
| | |
| | | |
| | |
| Information Technology — 3.7% | |
| | | |
| | |
| Shopify, Cl A * | |
| 25,647 | | |
| 2,436,465 | |
| | |
| | | |
| | |
| TOTAL CANADA | |
| | | |
| 5,440,145 | |
| CHINA — 28.4% | |
| | | |
| | |
| Communication Services — 4.2% | |
| | | |
| | |
| NetEase ADR | |
| 25,717 | | |
| 2,753,262 | |
| | |
| | | |
| | |
| Consumer Discretionary — 21.3% | |
| | | |
| | |
| Alibaba Group Holding ADR | |
| 32,436 | | |
| 3,873,831 | |
| JD.com ADR | |
| 75,564 | | |
| 2,464,898 | |
| PDD Holdings ADR * | |
| 26,549 | | |
| 2,802,778 | |
| Trip.com Group ADR | |
| 41,107 | | |
| 2,424,902 | |
| Vipshop Holdings ADR | |
| 185,642 | | |
| 2,528,444 | |
| | |
| | | |
| 14,094,853 | |
| Consumer Staples — 2.9% | |
| | | |
| | |
| Alibaba Health Information
Technology * (A) | |
| 2,938,700 | | |
| 1,909,945 | |
| | |
| | | |
| | |
| TOTAL CHINA | |
| | | |
| 18,758,060 | |
The accompanying notes are an integral
part of the financial statements.
70
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X E-commerce ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| GERMANY — 0.2% | |
| | | |
| | |
| Consumer Discretionary — 0.2% | |
| | | |
| | |
| Jumia Technologies ADR
* (A) | |
| 58,449 | | |
$ | 138,524 | |
| | |
| | | |
| | |
| HONG KONG — 0.3% | |
| | | |
| | |
| Consumer Discretionary — 0.3% | |
| | | |
| | |
| GigaCloud Technology, Cl A * | |
| 15,989 | | |
| 200,502 | |
| | |
| | | |
| | |
| ISRAEL — 2.6% | |
| | | |
| | |
| Consumer Discretionary — 2.6% | |
| | | |
| | |
| Global-e Online * | |
| 47,870 | | |
| 1,719,012 | |
| | |
| | | |
| | |
| JAPAN — 4.9% | |
| | | |
| | |
| Consumer Discretionary — 4.2% | |
| | | |
| | |
| Rakuten Group * | |
| 467,603 | | |
| 2,752,052 | |
| | |
| | | |
| | |
| Information Technology — 0.7% | |
| | | |
| | |
| AnyMind Group * (A) | |
| 27,958 | | |
| 169,543 | |
| BASE * | |
| 101,638 | | |
| 322,785 | |
| | |
| | | |
| 492,328 | |
| TOTAL JAPAN | |
| | | |
| 3,244,380 | |
| SINGAPORE — 4.9% | |
| | | |
| | |
| Communication Services — 4.9% | |
| | | |
| | |
| Sea ADR * | |
| 24,125 | | |
| 3,233,956 | |
| | |
| | | |
| | |
| TURKIYE — 0.6% | |
| | | |
| | |
| Consumer Discretionary — 0.6% | |
| | | |
| | |
| D-MARKET Elektronik Hizmetler ve Ticaret ADR * | |
| 163,274 | | |
| 417,981 | |
| | |
| | | |
| | |
| UNITED STATES — 42.7% | |
| | | |
| | |
| Communication Services — 1.5% | |
| | | |
| | |
| Shutterstock | |
| 13,667 | | |
| 218,125 | |
| TripAdvisor * | |
| 62,644 | | |
| 779,918 | |
| | |
| | | |
| 998,043 | |
The accompanying notes are an integral
part of the financial statements.
71
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X E-commerce ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — 29.8% | |
| | | |
| | |
| Amazon.com * | |
| 11,965 | | |
$ | 2,206,585 | |
| Beyond * | |
| 34,376 | | |
| 139,911 | |
| Booking Holdings | |
| 559 | | |
| 2,850,498 | |
| Carvana, Cl A * | |
| 12,489 | | |
| 3,051,687 | |
| eBay | |
| 41,063 | | |
| 2,798,854 | |
| Etsy * | |
| 50,172 | | |
| 2,181,479 | |
| Expedia Group | |
| 14,327 | | |
| 2,248,336 | |
| Groupon, Cl A * (A) | |
| 18,348 | | |
| 334,117 | |
| Torrid Holdings * (A) | |
| 32,949 | | |
| 209,226 | |
| Wayfair, Cl A * (A) | |
| 52,482 | | |
| 1,582,857 | |
| Williams-Sonoma | |
| 13,460 | | |
| 2,079,166 | |
| | |
| | | |
| 19,682,716 | |
| Financials — 0.5% | |
| | | |
| | |
| LendingTree * | |
| 6,329 | | |
| 326,513 | |
| | |
| | | |
| | |
| Industrials — 2.7% | |
| | | |
| | |
| ACV Auctions, Cl A * | |
| 89,298 | | |
| 1,311,788 | |
| Liquidity Services * | |
| 13,348 | | |
| 424,199 | |
| | |
| | | |
| 1,735,987 | |
| Information Technology — 4.1% | |
| | | |
| | |
| BigCommerce Holdings * | |
| 36,570 | | |
| 189,432 | |
| GoDaddy, Cl A * | |
| 13,418 | | |
| 2,527,012 | |
| | |
| | | |
| 2,716,444 | |
| Real Estate — 4.1% | |
| | | |
| | |
| CoStar Group * | |
| 36,516 | | |
| 2,708,392 | |
| | |
| | | |
| | |
| TOTAL UNITED STATES | |
| | | |
| 28,168,095 | |
TOTAL COMMON STOCK
(Cost $70,697,880) | |
| | | |
| 65,931,630 | |
The accompanying notes are an integral
part of the financial statements.
72
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X E-commerce ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(B) — 4.2% | |
| | | |
| | |
Bank of America Securities, Inc.
4.370%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $656,632 (collateralized by various U.S. Government Obligations, ranging in par value $150,544 - $747,619, 0.000%, 08/15/2031 - 11/15/2036, with a total market value of $669,683) | |
$ | 656,552 | | |
$ | 656,552 | |
Citigroup Global Markets, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $167,653 (collateralized by various U.S. Government Obligations, ranging in par value $8,058 - $95,494, 4.000% - 4.250%, 01/31/2029 - 11/15/2034, with a total market value of $168,600) | |
| 167,633 | | |
| 167,633 | |
Deutsche Bank Securities, Inc.
4.350%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $656,631 (collateralized by various U.S. Government Obligations, ranging in par value $28,796 - $649,268, 3.875% - 4.000%, 07/31/2029 - 08/15/2034, with a total market value of $664,257) | |
| 656,552 | | |
| 656,552 | |
Mizuho Securities USA LLC
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $656,632 (collateralized by various U.S. Government Obligations, ranging in par value $23,309 - $336,655, 0.750% - 3.500%, 11/15/2025 - 02/15/2033, with a total market value of $665,257) | |
| 656,552 | | |
| 656,552 | |
The accompanying notes are an integral
part of the financial statements.
73
| Schedule of Investments |
|
April 30, 2025 (Unaudited) |
| Global
X E-commerce ETF |
| | |
Face Amount | | |
Value | |
| REPURCHASE AGREEMENTS(B) — continued | |
| | | |
| | |
RBC Dominion Securities, Inc.
4.360%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $656,632 (collateralized by various U.S. Government Obligations, ranging in par value $265 - $308,186, 0.000% - 4.250%, 04/15/2026 - 08/15/2046, with a total market value of $667,268) | |
$ | 656,552 | | |
$ | 656,552 | |
TOTAL REPURCHASE AGREEMENTS
(Cost $2,793,841) | |
| | | |
| 2,793,841 | |
TOTAL INVESTMENTS — 104.1%
(Cost $73,491,721) | |
| | | |
$ | 68,725,471 | |
Percentages are based on Net Assets of $65,996,084.
| * |
Non-income producing security. |
| (A) |
This security or a partial position of this security is on loan at
April 30, 2025. The total market value of securities on loan at April 30, 2025 was $2,620,949. |
| (B) |
These securities were purchased with cash collateral held from securities
on loan. The total value of such securities as of April 30, 2025 was $2,793,841. The total value of non-cash collateral held
from securities on loan as of April 30, 2025 was $–. |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 65,931,630 | | |
$ | — | | |
$ | — | | |
$ | 65,931,630 | |
| Repurchase Agreements | |
| — | | |
| 2,793,841 | | |
| — | | |
| 2,793,841 | |
| Total Investments in Securities | |
$ | 65,931,630 | | |
$ | 2,793,841 | | |
$ | — | | |
$ | 68,725,471 | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial
statements.
74
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.0% | |
| | | |
| | |
| AUSTRALIA — 7.9% | |
| | | |
| | |
| Communication Services — 0.1% | |
| | | |
| | |
| REA Group | |
| 72 | | |
$ | 11,436 | |
| Telstra Group | |
| 5,874 | | |
| 16,950 | |
| | |
| | | |
| 28,386 | |
| Consumer Discretionary — 0.4% | |
| | | |
| | |
| Wesfarmers | |
| 1,938 | | |
| 97,119 | |
| | |
| | | |
| | |
| Consumer Staples — 0.5% | |
| | | |
| | |
| Coles Group | |
| 3,424 | | |
| 46,490 | |
| Woolworths Group | |
| 3,125 | | |
| 63,125 | |
| | |
| | | |
| 109,615 | |
| Energy — 0.3% | |
| | | |
| | |
| Santos | |
| 4,772 | | |
| 18,351 | |
| Woodside Energy Group | |
| 2,878 | | |
| 38,192 | |
| | |
| | | |
| 56,543 | |
| Financials — 3.1% | |
| | | |
| | |
| ANZ Group Holdings | |
| 4,489 | | |
| 85,766 | |
| Commonwealth Bank of Australia | |
| 2,533 | | |
| 270,015 | |
| Insurance Australia Group | |
| 3,618 | | |
| 19,006 | |
| Macquarie Group | |
| 539 | | |
| 66,717 | |
| National Australia Bank | |
| 4,635 | | |
| 107,151 | |
| QBE Insurance Group | |
| 2,297 | | |
| 31,732 | |
| Suncorp Group | |
| 1,654 | | |
| 21,441 | |
| Westpac Banking | |
| 5,186 | | |
| 108,971 | |
| | |
| | | |
| 710,799 | |
| Health Care — 0.5% | |
| | | |
| | |
| Cochlear | |
| 422 | | |
| 74,144 | |
| Sonic Healthcare | |
| 2,990 | | |
| 49,895 | |
| | |
| | | |
| 124,039 | |
| Industrials — 0.6% | |
| | | |
| | |
| Brambles | |
| 2,850 | | |
| 37,420 | |
| Computershare | |
| 1,136 | | |
| 29,598 | |
| | |
| | | |
| | |
The accompanying notes are an integral part
of the financial statements.
75
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Transurban Group | |
| 6,341 | | |
$ | 57,248 | |
| | |
| | | |
| 124,266 | |
| Information Technology — 0.1% | |
| | | |
| | |
| WiseTech Global | |
| 283 | | |
| 16,029 | |
| | |
| | | |
| | |
| Materials — 1.9% | |
| | | |
| | |
| BHP Group | |
| 7,921 | | |
| 193,556 | |
| Fortescue | |
| 2,598 | | |
| 26,913 | |
| Glencore | |
| 15,302 | | |
| 49,953 | |
| Rio Tinto | |
| 1,669 | | |
| 99,136 | |
| Rio Tinto | |
| 577 | | |
| 43,233 | |
| South32 | |
| 6,905 | | |
| 12,150 | |
| | |
| | | |
| 424,941 | |
| Real Estate — 0.3% | |
| | | |
| | |
| Goodman Group ‡ | |
| 3,050 | | |
| 58,507 | |
| Scentre Group ‡ | |
| 7,672 | | |
| 17,770 | |
| | |
| | | |
| 76,277 | |
| Utilities — 0.1% | |
| | | |
| | |
| Origin Energy | |
| 2,695 | | |
| 18,347 | |
| | |
| | | |
| | |
| TOTAL AUSTRALIA | |
| | | |
| 1,786,361 | |
| AUSTRIA — 0.3% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Telekom Austria, Cl A | |
| 171 | | |
| 1,812 | |
| | |
| | | |
| | |
| Energy — 0.1% | |
| | | |
| | |
| OMV | |
| 206 | | |
| 10,669 | |
| | |
| | | |
| | |
| Financials — 0.1% | |
| | | |
| | |
| Erste Group Bank | |
| 486 | | |
| 32,844 | |
| | |
| | | |
| | |
| Industrials — 0.0% | |
| | | |
| | |
| ANDRITZ | |
| 134 | | |
| 9,604 | |
The accompanying notes are an integral part
of the financial statements.
76
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — 0.1% | |
| | | |
| | |
| Verbund | |
| 136 | | |
$ | 10,466 | |
| | |
| | | |
| | |
| TOTAL AUSTRIA | |
| | | |
| 65,395 | |
| BELGIUM — 1.5% | |
| | | |
| | |
| Consumer Staples — 0.7% | |
| | | |
| | |
| Anheuser-Busch InBev | |
| 2,272 | | |
| 148,763 | |
| | |
| | | |
| | |
| Financials — 0.2% | |
| | | |
| | |
| KBC Group | |
| 401 | | |
| 36,950 | |
| | |
| | | |
| | |
| Health Care — 0.6% | |
| | | |
| | |
| UCB | |
| 773 | | |
| 141,604 | |
| | |
| | | |
| | |
| TOTAL BELGIUM | |
| | | |
| 327,317 | |
| BRAZIL — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Yara International | |
| 247 | | |
| 7,984 | |
| | |
| | | |
| | |
| CHINA — 0.7% | |
| | | |
| | |
| Consumer Discretionary — 0.5% | |
| | | |
| | |
| Prosus | |
| 2,410 | | |
| 112,117 | |
| | |
| | | |
| | |
| Consumer Staples — 0.1% | |
| | | |
| | |
| Budweiser Brewing APAC | |
| 4,400 | | |
| 4,664 | |
| Wilmar International | |
| 6,612 | | |
| 15,496 | |
| | |
| | | |
| 20,160 | |
| Financials — 0.1% | |
| | | |
| | |
| BOC Hong Kong Holdings | |
| 5,600 | | |
| 23,253 | |
| | |
| | | |
| | |
| TOTAL CHINA | |
| | | |
| 155,530 | |
| DENMARK — 0.9% | |
| | | |
| | |
| Health Care — 0.4% | |
| | | |
| | |
| Coloplast, Cl B | |
| 801 | | |
| 90,526 | |
| | |
| | | |
| | |
| Industrials — 0.5% | |
| | | |
| | |
| AP Moller - Maersk, Cl A | |
| 5 | | |
| 8,499 | |
| AP Moller - Maersk, Cl B | |
| 9 | | |
| 15,401 | |
The accompanying notes are an integral part
of the financial statements.
77
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| DSV | |
| 402 | | |
$ | 85,109 | |
| | |
| | | |
| 109,009 | |
| TOTAL DENMARK | |
| | | |
| 199,535 | |
| FINLAND — 0.9% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Neste | |
| 612 | | |
| 6,370 | |
| | |
| | | |
| | |
| Financials — 0.5% | |
| | | |
| | |
| Nordea Bank Abp | |
| 5,346 | | |
| 73,165 | |
| Sampo, Cl A | |
| 3,816 | | |
| 38,251 | |
| | |
| | | |
| 111,416 | |
| Industrials — 0.2% | |
| | | |
| | |
| Kone, Cl B | |
| 820 | | |
| 50,801 | |
| | |
| | | |
| | |
| Information Technology — 0.2% | |
| | | |
| | |
| Nokia | |
| 8,186 | | |
| 40,842 | |
| | |
| | | |
| | |
| TOTAL FINLAND | |
| | | |
| 209,429 | |
| FRANCE — 10.2% | |
| | | |
| | |
| Consumer Discretionary — 1.9% | |
| | | |
| | |
| Christian Dior | |
| 6 | | |
| 3,086 | |
| Hermes International SCA | |
| 59 | | |
| 160,360 | |
| Kering | |
| 124 | | |
| 25,138 | |
| LVMH Moet Hennessy Louis Vuitton | |
| 440 | | |
| 244,033 | |
| | |
| | | |
| 432,617 | |
| Consumer Staples — 2.0% | |
| | | |
| | |
| Danone | |
| 1,597 | | |
| 137,897 | |
| L’Oreal | |
| 579 | | |
| 254,715 | |
| Pernod Ricard | |
| 497 | | |
| 53,796 | |
| | |
| | | |
| 446,408 | |
| Energy — 0.9% | |
| | | |
| | |
| TotalEnergies | |
| 3,353 | | |
| 194,998 | |
| | |
| | | |
| | |
| Financials — 1.2% | |
| | | |
| | |
| AXA | |
| 2,623 | | |
| 123,949 | |
The accompanying notes are an integral part
of the financial statements.
78
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| BNP Paribas | |
| 1,516 | | |
$ | 128,025 | |
| Credit Agricole | |
| 1,472 | | |
| 27,593 | |
| | |
| | | |
| 279,567 | |
| Health Care — 2.4% | |
| | | |
| | |
| EssilorLuxottica | |
| 1,862 | | |
| 534,873 | |
| | |
| | | |
| | |
| Industrials — 0.6% | |
| | | |
| | |
| Vinci | |
| 1,037 | | |
| 144,522 | |
| | |
| | | |
| | |
| Information Technology — 0.2% | |
| | | |
| | |
| Dassault Systemes | |
| 1,021 | | |
| 38,115 | |
| | |
| | | |
| | |
| Materials — 0.8% | |
| | | |
| | |
| Air Liquide | |
| 897 | | |
| 184,111 | |
| | |
| | | |
| | |
| Utilities — 0.2% | |
| | | |
| | |
| Engie | |
| 2,680 | | |
| 55,400 | |
| | |
| | | |
| | |
| TOTAL FRANCE | |
| | | |
| 2,310,611 | |
| GERMANY — 9.4% | |
| | | |
| | |
| Communication Services — 0.8% | |
| | | |
| | |
| Deutsche Telekom | |
| 5,170 | | |
| 185,713 | |
| | |
| | | |
| | |
| Consumer Discretionary — 0.8% | |
| | | |
| | |
| adidas | |
| 281 | | |
| 64,428 | |
| Bayerische Motoren Werke | |
| 480 | | |
| 40,541 | |
| Mercedes-Benz Group | |
| 1,185 | | |
| 70,680 | |
| Volkswagen | |
| 60 | | |
| 6,674 | |
| | |
| | | |
| 182,323 | |
| Consumer Staples — 0.1% | |
| | | |
| | |
| Henkel & KGaA | |
| 259 | | |
| 18,283 | |
| | |
| | | |
| | |
| Financials — 2.2% | |
| | | |
| | |
| Allianz | |
| 584 | | |
| 241,712 | |
| Deutsche Boerse | |
| 282 | | |
| 90,880 | |
| Hannover Rueck | |
| 91 | | |
| 29,213 | |
The accompanying notes are an integral part
of the financial statements.
79
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Muenchener
Rueckversicherungs-Gesellschaft in Muenchen | |
| 203 | | |
$ | 138,825 | |
| | |
| | | |
| 500,630 | |
| Health Care — 0.5% | |
| | | |
| | |
| Siemens Healthineers | |
| 1,954 | | |
| 105,241 | |
| | |
| | | |
| | |
| Industrials — 2.1% | |
| | | |
| | |
| Daimler Truck Holding | |
| 1,019 | | |
| 40,728 | |
| Deutsche Post | |
| 1,858 | | |
| 79,224 | |
| Hapag-Lloyd | |
| 10 | | |
| 1,567 | |
| Siemens | |
| 1,535 | | |
| 352,385 | |
| | |
| | | |
| 473,904 | |
| Information Technology — 2.3% | |
| | | |
| | |
| Infineon Technologies | |
| 2,010 | | |
| 66,010 | |
| SAP | |
| 1,565 | | |
| 454,183 | |
| | |
| | | |
| 520,193 | |
| Materials — 0.3% | |
| | | |
| | |
| BASF | |
| 1,398 | | |
| 70,925 | |
| | |
| | | |
| | |
| Utilities — 0.3% | |
| | | |
| | |
| E.ON | |
| 3,496 | | |
| 61,261 | |
| | |
| | | |
| | |
| TOTAL GERMANY | |
| | | |
| 2,118,473 | |
| HONG KONG — 1.8% | |
| | | |
| | |
| Financials — 1.1% | |
| | | |
| | |
| AIA Group | |
| 16,365 | | |
| 122,610 | |
| Hang Seng Bank | |
| 1,012 | | |
| 14,133 | |
| Hong Kong Exchanges & Clearing | |
| 1,814 | | |
| 79,721 | |
| Prudential | |
| 3,957 | | |
| 41,850 | |
| | |
| | | |
| 258,314 | |
| Industrials — 0.3% | |
| | | |
| | |
| Jardine Matheson Holdings | |
| 450 | | |
| 20,007 | |
| MTR | |
| 3,300 | | |
| 11,405 | |
The accompanying notes are an integral part
of the financial statements.
80
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Techtronic Industries | |
| 2,883 | | |
$ | 29,147 | |
| | |
| | | |
| 60,559 | |
| Real Estate — 0.2% | |
| | | |
| | |
| CK Asset Holdings | |
| 2,500 | | |
| 10,236 | |
| Henderson Land Development | |
| 1,550 | | |
| 4,397 | |
| Sun Hung Kai Properties | |
| 2,040 | | |
| 19,375 | |
| | |
| | | |
| 34,008 | |
| Utilities — 0.2% | |
| | | |
| | |
| CK Infrastructure Holdings | |
| 750 | | |
| 5,058 | |
| CLP Holdings | |
| 2,766 | | |
| 23,648 | |
| Hong Kong & China Gas | |
| 15,910 | | |
| 14,341 | |
| Power Assets Holdings | |
| 1,900 | | |
| 12,582 | |
| | |
| | | |
| 55,629 | |
| TOTAL HONG KONG | |
| | | |
| 408,510 | |
| IRELAND — 0.1% | |
| | | |
| | |
| Industrials — 0.1% | |
| | | |
| | |
| Kingspan Group | |
| 323 | | |
| 27,281 | |
| | |
| | | |
| | |
| ISRAEL — 0.8% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Bezeq The Israeli Telecommunication | |
| 2,866 | | |
| 4,347 | |
| | |
| | | |
| | |
| Consumer Discretionary — 0.0% | |
| | | |
| | |
| Global-e Online * | |
| 158 | | |
| 5,674 | |
| | |
| | | |
| | |
| Financials — 0.4% | |
| | | |
| | |
| Bank Hapoalim | |
| 1,987 | | |
| 29,103 | |
| Bank Leumi Le-Israel | |
| 2,246 | | |
| 31,878 | |
| First International Bank of Israel | |
| 71 | | |
| 3,898 | |
| Israel Discount Bank, Cl A | |
| 1,758 | | |
| 13,116 | |
| Mizrahi Tefahot Bank | |
| 231 | | |
| 11,699 | |
| Phoenix Financial | |
| 257 | | |
| 5,062 | |
| | |
| | | |
| 94,756 | |
| Information Technology — 0.4% | |
| | | |
| | |
| Camtek | |
| 46 | | |
| 3,024 | |
The accompanying notes are an integral part
of the financial statements.
81
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Check Point Software Technologies * | |
| 132 | | |
$ | 28,982 | |
| Nice * | |
| 97 | | |
| 15,153 | |
| Nova * | |
| 49 | | |
| 9,399 | |
| Tower Semiconductor * | |
| 157 | | |
| 5,682 | |
| Wix.com * | |
| 83 | | |
| 14,076 | |
| | |
| | | |
| 76,316 | |
| Real Estate — 0.0% | |
| | | |
| | |
| Azrieli Group | |
| 61 | | |
| 4,439 | |
| Melisron | |
| 42 | | |
| 3,567 | |
| | |
| | | |
| 8,006 | |
| TOTAL ISRAEL | |
| | | |
| 189,099 | |
| ITALY — 2.7% | |
| | | |
| | |
| Consumer Discretionary — 0.4% | |
| | | |
| | |
| Ferrari | |
| 209 | | |
| 95,413 | |
| PRADA | |
| 700 | | |
| 4,378 | |
| | |
| | | |
| 99,791 | |
| Consumer Staples — 0.0% | |
| | | |
| | |
| Davide Campari-Milano | |
| 1,391 | | |
| 9,304 | |
| | |
| | | |
| | |
| Energy — 0.2% | |
| | | |
| | |
| Eni | |
| 3,284 | | |
| 47,410 | |
| | |
| | | |
| | |
| Financials — 1.4% | |
| | | |
| | |
| Generali | |
| 1,654 | | |
| 60,429 | |
| Intesa Sanpaolo | |
| 23,572 | | |
| 125,457 | |
| UniCredit | |
| 2,333 | | |
| 135,174 | |
| | |
| | | |
| 321,060 | |
| Industrials — 0.2% | |
| | | |
| | |
| Prysmian | |
| 609 | | |
| 33,188 | |
| | |
| | | |
| | |
| Utilities — 0.5% | |
| | | |
| | |
| Enel | |
| 11,908 | | |
| 103,472 | |
| | |
| | | |
| | |
| TOTAL ITALY | |
| | | |
| 614,225 | |
The accompanying notes are an integral part
of the financial statements.
82
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| JAPAN — 25.6% | |
| | | |
| | |
| Communication Services — 2.1% | |
| | | |
| | |
| Capcom | |
| 507 | | |
$ | 14,712 | |
| Dentsu Group | |
| 350 | | |
| 7,297 | |
| KDDI | |
| 4,300 | | |
| 76,073 | |
| Konami Group | |
| 147 | | |
| 20,972 | |
| LY | |
| 3,891 | | |
| 14,725 | |
| Nexon | |
| 621 | | |
| 9,774 | |
| Nintendo | |
| 1,753 | | |
| 145,387 | |
| Nippon Telegraph & Telephone | |
| 45,324 | | |
| 47,440 | |
| SoftBank | |
| 42,708 | | |
| 64,643 | |
| SoftBank Group | |
| 1,580 | | |
| 79,354 | |
| | |
| | | |
| 480,377 | |
| Consumer Discretionary — 4.8% | |
| | | |
| | |
| Aisin | |
| 1,099 | | |
| 13,957 | |
| Asics | |
| 1,285 | | |
| 27,783 | |
| Bandai Namco Holdings | |
| 1,135 | | |
| 39,380 | |
| Bridgestone | |
| 1,011 | | |
| 42,463 | |
| Denso | |
| 3,645 | | |
| 47,211 | |
| Fast Retailing | |
| 357 | | |
| 117,582 | |
| Honda Motor | |
| 8,289 | | |
| 84,436 | |
| Isuzu Motors | |
| 993 | | |
| 13,412 | |
| Nissan Motor * | |
| 3,847 | | |
| 9,210 | |
| Nitori Holdings | |
| 142 | | |
| 16,998 | |
| Oriental Land | |
| 2,042 | | |
| 43,420 | |
| Pan Pacific International Holdings | |
| 899 | | |
| 27,794 | |
| Panasonic Holdings | |
| 3,967 | | |
| 45,638 | |
| Rakuten Group * | |
| 2,536 | | |
| 14,925 | |
| Sekisui House | |
| 1,139 | | |
| 26,159 | |
| Shimano | |
| 136 | | |
| 19,245 | |
| Subaru | |
| 1,019 | | |
| 18,520 | |
| Sumitomo Electric Industries | |
| 1,343 | | |
| 21,552 | |
| Suzuki Motor | |
| 3,321 | | |
| 39,755 | |
| Toyota Motor | |
| 21,268 | | |
| 406,901 | |
| | |
| | | |
| 1,076,341 | |
| Consumer Staples — 1.6% | |
| | | |
| | |
| Aeon | |
| 2,156 | | |
| 63,891 | |
| Asahi Group Holdings | |
| 3,844 | | |
| 53,157 | |
The accompanying notes are an integral part
of the financial statements.
83
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Kao | |
| 1,187 | | |
$ | 50,820 | |
| Kirin Holdings | |
| 2,077 | | |
| 31,438 | |
| Nissin Foods Holdings | |
| 602 | | |
| 13,290 | |
| Seven & i Holdings | |
| 6,073 | | |
| 90,026 | |
| Shiseido | |
| 1,010 | | |
| 16,665 | |
| Suntory Beverage & Food | |
| 335 | | |
| 11,715 | |
| Unicharm | |
| 3,186 | | |
| 29,606 | |
| | |
| | | |
| 360,608 | |
| Energy — 0.2% | |
| | | |
| | |
| ENEOS Holdings | |
| 4,505 | | |
| 21,663 | |
| Inpex | |
| 1,494 | | |
| 18,947 | |
| | |
| | | |
| 40,610 | |
| Financials — 4.1% | |
| | | |
| | |
| Dai-ichi Life Holdings | |
| 5,760 | | |
| 41,371 | |
| Daiwa Securities Group | |
| 2,150 | | |
| 14,081 | |
| Japan Exchange Group | |
| 1,533 | | |
| 17,110 | |
| Japan Post Bank | |
| 2,552 | | |
| 26,139 | |
| Mitsubishi HC Capital | |
| 1,481 | | |
| 10,450 | |
| Mitsubishi UFJ Financial Group | |
| 18,202 | | |
| 230,141 | |
| Mizuho Financial Group | |
| 3,827 | | |
| 96,051 | |
| MS&AD Insurance Group Holdings | |
| 1,962 | | |
| 44,635 | |
| Nomura Holdings | |
| 4,365 | | |
| 24,212 | |
| ORIX | |
| 1,648 | | |
| 32,939 | |
| Resona Holdings | |
| 3,504 | | |
| 27,980 | |
| Sompo Holdings | |
| 1,490 | | |
| 48,521 | |
| Sumitomo Mitsui Financial Group | |
| 5,981 | | |
| 142,564 | |
| Sumitomo Mitsui Trust Holdings | |
| 1,083 | | |
| 26,764 | |
| T&D Holdings | |
| 780 | | |
| 16,574 | |
| Tokio Marine Holdings | |
| 3,037 | | |
| 121,531 | |
| | |
| | | |
| 921,063 | |
| Health Care — 3.1% | |
| | | |
| | |
| Hoya | |
| 2,223 | | |
| 261,511 | |
| Kyowa Kirin | |
| 1,544 | | |
| 24,085 | |
| Olympus | |
| 7,385 | | |
| 96,584 | |
| Otsuka Holdings | |
| 3,388 | | |
| 165,243 | |
| Shionogi | |
| 5,265 | | |
| 88,365 | |
The accompanying notes are an integral part
of the financial statements.
84
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Sysmex | |
| 3,081 | | |
$ | 57,272 | |
| | |
| | | |
| 693,060 | |
| Industrials — 5.0% | |
| | | |
| | |
| ANA Holdings | |
| 322 | | |
| 6,176 | |
| Central Japan Railway | |
| 2,138 | | |
| 43,932 | |
| East Japan Railway | |
| 2,320 | | |
| 50,356 | |
| FANUC | |
| 1,924 | | |
| 49,287 | |
| ITOCHU | |
| 2,930 | | |
| 149,581 | |
| Kajima | |
| 895 | | |
| 21,377 | |
| Kawasaki Kisen Kaisha | |
| 1,400 | | |
| 19,139 | |
| Komatsu | |
| 1,918 | | |
| 55,144 | |
| Kubota | |
| 2,114 | | |
| 24,498 | |
| Makita | |
| 560 | | |
| 16,418 | |
| Marubeni | |
| 3,376 | | |
| 59,833 | |
| Mitsubishi Electric | |
| 4,333 | | |
| 83,856 | |
| Mitsui | |
| 6,116 | | |
| 124,258 | |
| Mitsui OSK Lines | |
| 749 | | |
| 24,884 | |
| NIDEC CORP | |
| 2,143 | | |
| 38,055 | |
| Nippon Yusen | |
| 994 | | |
| 32,404 | |
| Recruit Holdings | |
| 3,368 | | |
| 187,526 | |
| Secom | |
| 853 | | |
| 31,384 | |
| SMC | |
| 126 | | |
| 41,049 | |
| Toyota Industries | |
| 395 | | |
| 46,412 | |
| West Japan Railway | |
| 942 | | |
| 19,786 | |
| Yaskawa Electric | |
| 520 | | |
| 10,999 | |
| | |
| | | |
| 1,136,354 | |
| Information Technology — 3.0% | |
| | | |
| | |
| Advantest | |
| 1,193 | | |
| 49,036 | |
| Canon | |
| 1,469 | | |
| 45,355 | |
| Disco | |
| 143 | | |
| 27,690 | |
| Fujitsu | |
| 2,668 | | |
| 58,938 | |
| Keyence | |
| 303 | | |
| 127,114 | |
| Kyocera | |
| 2,135 | | |
| 25,325 | |
| Lasertec | |
| 130 | | |
| 12,112 | |
| Murata Manufacturing | |
| 2,849 | | |
| 44,221 | |
| NEC | |
| 2,096 | | |
| 51,077 | |
| Nomura Research Institute | |
| 704 | | |
| 26,612 | |
The accompanying notes are an integral part
of the financial statements.
85
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| NTT Data Group | |
| 904 | | |
$ | 17,920 | |
| Obic | |
| 496 | | |
| 17,355 | |
| Oracle Japan | |
| 58 | | |
| 6,976 | |
| Otsuka | |
| 375 | | |
| 8,337 | |
| Renesas Electronics | |
| 2,531 | | |
| 29,677 | |
| TDK | |
| 3,006 | | |
| 32,064 | |
| Tokyo Electron | |
| 719 | | |
| 106,988 | |
| | |
| | | |
| 686,797 | |
| Materials — 1.0% | |
| | | |
| | |
| Asahi Kasei | |
| 2,167 | | |
| 15,101 | |
| JFE Holdings | |
| 1,010 | | |
| 11,754 | |
| Nippon Paint Holdings | |
| 1,634 | | |
| 12,429 | |
| Nippon Sanso Holdings | |
| 337 | | |
| 10,785 | |
| Nippon Steel | |
| 1,653 | | |
| 34,882 | |
| Nitto Denko | |
| 1,098 | | |
| 19,248 | |
| Shin-Etsu Chemical | |
| 3,055 | | |
| 92,738 | |
| Sumitomo Metal Mining | |
| 410 | | |
| 9,143 | |
| Toray Industries | |
| 2,472 | | |
| 15,759 | |
| | |
| | | |
| 221,839 | |
| Real Estate — 0.6% | |
| | | |
| | |
| Daiwa House Industry | |
| 936 | | |
| 33,827 | |
| Mitsubishi Estate | |
| 1,848 | | |
| 32,454 | |
| Mitsui Fudosan | |
| 4,169 | | |
| 41,182 | |
| Sumitomo Realty & Development | |
| 690 | | |
| 25,638 | |
| | |
| | | |
| 133,101 | |
| Utilities — 0.1% | |
| | | |
| | |
| Chubu Electric Power | |
| 1,210 | | |
| 15,710 | |
| Tokyo Gas | |
| 536 | | |
| 17,823 | |
| | |
| | | |
| 33,533 | |
| TOTAL JAPAN | |
| | | |
| 5,783,683 | |
| NETHERLANDS — 4.5% | |
| | | |
| | |
| Communication Services — 0.1% | |
| | | |
| | |
| Universal Music Group | |
| 1,171 | | |
| 34,410 | |
The accompanying notes are an integral part
of the financial statements.
86
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — 0.3% | |
| | | |
| | |
| Heineken | |
| 705 | | |
$ | 63,071 | |
| | |
| | | |
| | |
| Financials — 0.8% | |
| | | |
| | |
| Adyen * | |
| 50 | | |
| 80,584 | |
| ING Groep | |
| 4,735 | | |
| 91,578 | |
| | |
| | | |
| 172,162 | |
| Health Care — 1.1% | |
| | | |
| | |
| Argenx * | |
| 393 | | |
| 253,750 | |
| | |
| | | |
| | |
| Industrials — 0.4% | |
| | | |
| | |
| Wolters Kluwer | |
| 483 | | |
| 85,350 | |
| | |
| | | |
| | |
| Information Technology — 1.8% | |
| | | |
| | |
| ASML Holding | |
| 608 | | |
| 402,592 | |
| | |
| | | |
| | |
| TOTAL NETHERLANDS | |
| | | |
| 1,011,335 | |
| NEW ZEALAND — 0.6% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Spark New Zealand | |
| 2,708 | | |
| 3,343 | |
| | |
| | | |
| | |
| Financials — 0.0% | |
| | | |
| | |
| Infratil | |
| 1,436 | | |
| 8,991 | |
| | |
| | | |
| | |
| Health Care — 0.3% | |
| | | |
| | |
| Fisher & Paykel Healthcare | |
| 3,758 | | |
| 75,826 | |
| | |
| | | |
| | |
| Industrials — 0.1% | |
| | | |
| | |
| Auckland International Airport | |
| 3,442 | | |
| 15,361 | |
| | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| Xero * | |
| 216 | | |
| 22,692 | |
| | |
| | | |
| | |
| Utilities — 0.1% | |
| | | |
| | |
| Mercury NZ | |
| 925 | | |
| 3,063 | |
| Meridian Energy | |
| 1,943 | | |
| 6,319 | |
| | |
| | | |
| 9,382 | |
| TOTAL NEW ZEALAND | |
| | | |
| 135,595 | |
The accompanying notes are an integral part
of the financial statements.
87
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| NORWAY — 0.8% | |
| | | |
| | |
| Communication Services — 0.1% | |
| | | |
| | |
| Telenor | |
| 898 | | |
$ | 13,526 | |
| | |
| | | |
| | |
| Consumer Staples — 0.2% | |
| | | |
| | |
| Mowi | |
| 1,135 | | |
| 20,807 | |
| Orkla | |
| 1,926 | | |
| 21,470 | |
| Salmar | |
| 186 | | |
| 9,192 | |
| | |
| | | |
| 51,469 | |
| Energy — 0.2% | |
| | | |
| | |
| Aker BP | |
| 466 | | |
| 10,030 | |
| Equinor | |
| 1,161 | | |
| 26,635 | |
| Var Energi | |
| 1,361 | | |
| 3,750 | |
| | |
| | | |
| 40,415 | |
| Financials — 0.2% | |
| | | |
| | |
| DNB Bank | |
| 1,306 | | |
| 32,594 | |
| Gjensidige Forsikring | |
| 274 | | |
| 6,410 | |
| | |
| | | |
| 39,004 | |
| Industrials — 0.1% | |
| | | |
| | |
| Kongsberg Gruppen | |
| 186 | | |
| 29,918 | |
| | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Norsk Hydro | |
| 1,995 | | |
| 10,504 | |
| | |
| | | |
| | |
| TOTAL NORWAY | |
| | | |
| 184,836 | |
| PORTUGAL — 0.1% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Galp Energia | |
| 642 | | |
| 9,951 | |
| | |
| | | |
| | |
| Utilities — 0.1% | |
| | | |
| | |
| EDP | |
| 4,496 | | |
| 17,765 | |
| | |
| | | |
| | |
| TOTAL PORTUGAL | |
| | | |
| 27,716 | |
| SINGAPORE — 1.9% | |
| | | |
| | |
| Communication Services — 0.5% | |
| | | |
| | |
| Sea ADR * | |
| 521 | | |
| 69,840 | |
The accompanying notes are an integral part
of the financial statements.
88
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Singapore Telecommunications | |
| 11,690 | | |
$ | 33,843 | |
| | |
| | | |
| 103,683 | |
| Financials — 1.0% | |
| | | |
| | |
| DBS Group Holdings | |
| 2,968 | | |
| 96,494 | |
| Oversea-Chinese Banking | |
| 5,879 | | |
| 72,716 | |
| United Overseas Bank | |
| 2,259 | | |
| 59,931 | |
| | |
| | | |
| 229,141 | |
| Industrials — 0.2% | |
| | | |
| | |
| Grab Holdings, Cl A * | |
| 5,037 | | |
| 24,581 | |
| Singapore Airlines | |
| 2,763 | | |
| 14,199 | |
| Singapore Technologies Engineering | |
| 3,028 | | |
| 17,184 | |
| | |
| | | |
| 55,964 | |
| Information Technology — 0.1% | |
| | | |
| | |
| STMicroelectronics | |
| 1,020 | | |
| 22,976 | |
| | |
| | | |
| | |
| Real Estate — 0.1% | |
| | | |
| | |
| CapitaLand Integrated Commercial Trust ‡ | |
| 8,137 | | |
| 13,398 | |
| CapitaLand Investment | |
| 3,529 | | |
| 7,433 | |
| | |
| | | |
| 20,831 | |
| TOTAL SINGAPORE | |
| | | |
| 432,595 | |
| SOUTH AFRICA — 0.3% | |
| | | |
| | |
| Materials — 0.3% | |
| | | |
| | |
| Anglo American | |
| 2,095 | | |
| 56,777 | |
| | |
| | | |
| | |
| SPAIN — 3.1% | |
| | | |
| | |
| Communication Services — 0.2% | |
| | | |
| | |
| Cellnex Telecom | |
| 873 | | |
| 35,369 | |
| | |
| | | |
| | |
| Consumer Discretionary — 0.7% | |
| | | |
| | |
| Amadeus IT Group | |
| 776 | | |
| 61,025 | |
| Industria de Diseno Textil | |
| 1,918 | | |
| 102,997 | |
| | |
| | | |
| 164,022 | |
| Financials — 1.4% | |
| | | |
| | |
| Banco Bilbao Vizcaya Argentaria | |
| 8,701 | | |
| 119,284 | |
The accompanying notes are an integral part
of the financial statements.
89
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Banco Santander | |
| 22,806 | | |
$ | 160,267 | |
| CaixaBank | |
| 5,813 | | |
| 44,484 | |
| | |
| | | |
| 324,035 | |
| Utilities — 0.8% | |
| | | |
| | |
| EDP Renovaveis | |
| 469 | | |
| 4,401 | |
| Iberdrola | |
| 9,066 | | |
| 163,810 | |
| | |
| | | |
| 168,211 | |
| TOTAL SPAIN | |
| | | |
| 691,637 | |
| SWEDEN — 3.5% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| H & M Hennes & Mauritz, Cl B | |
| 991 | | |
| 14,390 | |
| | |
| | | |
| | |
| Consumer Staples — 0.2% | |
| | | |
| | |
| Essity, Cl B | |
| 1,542 | | |
| 44,510 | |
| | |
| | | |
| | |
| Financials — 1.1% | |
| | | |
| | |
| EQT | |
| 540 | | |
| 15,553 | |
| Industrivarden, Cl A | |
| 208 | | |
| 7,311 | |
| Industrivarden, Cl C | |
| 222 | | |
| 7,796 | |
| Investor, Cl A | |
| 853 | | |
| 25,365 | |
| Investor, Cl B | |
| 2,748 | | |
| 81,287 | |
| L E Lundbergforetagen, Cl B | |
| 114 | | |
| 6,022 | |
| Skandinaviska Enskilda Banken, Cl A | |
| 2,515 | | |
| 39,753 | |
| Skandinaviska Enskilda Banken, Cl C | |
| 4 | | |
| 68 | |
| Svenska Handelsbanken, Cl A | |
| 2,297 | | |
| 30,091 | |
| Svenska Handelsbanken, Cl B | |
| 66 | | |
| 1,297 | |
| Swedbank, Cl A | |
| 1,363 | | |
| 33,902 | |
| | |
| | | |
| 248,445 | |
| Industrials — 1.8% | |
| | | |
| | |
| Alfa Laval | |
| 588 | | |
| 24,392 | |
| Assa Abloy, Cl B | |
| 2,026 | | |
| 61,253 | |
| Atlas Copco, Cl A | |
| 5,238 | | |
| 81,381 | |
| Atlas Copco, Cl B | |
| 3,189 | | |
| 44,455 | |
| Epiroc, Cl A | |
| 1,278 | | |
| 27,667 | |
| Epiroc, Cl B | |
| 759 | | |
| 14,889 | |
| Investment Latour, Cl B | |
| 283 | | |
| 7,653 | |
The accompanying notes are an integral part
of the financial statements.
90
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Nibe Industrier, Cl B | |
| 2,958 | | |
$ | 12,507 | |
| Sandvik | |
| 2,206 | | |
| 45,767 | |
| Volvo, Cl A | |
| 368 | | |
| 10,042 | |
| Volvo, Cl B | |
| 3,211 | | |
| 87,425 | |
| | |
| | | |
| 417,431 | |
| Information Technology — 0.3% | |
| | | |
| | |
| Hexagon, Cl B | |
| 3,200 | | |
| 31,081 | |
| Telefonaktiebolaget LM Ericsson, Cl B | |
| 4,761 | | |
| 40,172 | |
| | |
| | | |
| 71,253 | |
| TOTAL SWEDEN | |
| | | |
| 796,029 | |
| SWITZERLAND — 4.6% | |
| | | |
| | |
| Consumer Discretionary — 0.7% | |
| | | |
| | |
| Cie Financiere Richemont, Cl A | |
| 926 | | |
| 163,677 | |
| | |
| | | |
| | |
| Financials — 1.3% | |
| | | |
| | |
| UBS Group | |
| 4,865 | | |
| 147,356 | |
| Zurich Insurance Group | |
| 218 | | |
| 154,503 | |
| | |
| | | |
| 301,859 | |
| Health Care — 1.4% | |
| | | |
| | |
| Alcon | |
| 3,228 | | |
| 312,921 | |
| | |
| | | |
| | |
| Industrials — 0.9% | |
| | | |
| | |
| ABB | |
| 3,286 | | |
| 172,707 | |
| Kuehne + Nagel International | |
| 115 | | |
| 26,429 | |
| | |
| | | |
| 199,136 | |
| Materials — 0.3% | |
| | | |
| | |
| Sika | |
| 251 | | |
| 62,861 | |
| | |
| | | |
| | |
| TOTAL SWITZERLAND | |
| | | |
| 1,040,454 | |
| UNITED KINGDOM — 10.9% | |
| | | |
| | |
| Communication Services — 0.1% | |
| | | |
| | |
| Vodafone Group PLC | |
| 31,816 | | |
| 31,133 | |
The accompanying notes are an integral part
of the financial statements.
91
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — 0.4% | |
| | | |
| | |
| Compass Group | |
| 2,930 | | |
$ | 98,545 | |
| | |
| | | |
| | |
| Consumer Staples — 3.1% | |
| | | |
| | |
| Coca-Cola Europacific Partners | |
| 533 | | |
| 48,365 | |
| Diageo | |
| 5,634 | | |
| 157,430 | |
| Tesco | |
| 17,074 | | |
| 84,541 | |
| Unilever PLC | |
| 6,353 | | |
| 403,835 | |
| | |
| | | |
| 694,171 | |
| Energy — 1.8% | |
| | | |
| | |
| BP | |
| 23,953 | | |
| 112,075 | |
| Shell | |
| 9,107 | | |
| 296,868 | |
| | |
| | | |
| 408,943 | |
| Financials — 3.4% | |
| | | |
| | |
| 3i Group | |
| 1,481 | | |
| 83,756 | |
| Barclays | |
| 21,813 | | |
| 86,474 | |
| HSBC Holdings | |
| 27,015 | | |
| 300,219 | |
| Lloyds Banking Group | |
| 92,145 | | |
| 90,192 | |
| London Stock Exchange Group | |
| 697 | | |
| 108,227 | |
| NatWest Group | |
| 9,925 | | |
| 63,394 | |
| Standard Chartered | |
| 3,009 | | |
| 43,246 | |
| | |
| | | |
| 775,508 | |
| Industrials — 1.3% | |
| | | |
| | |
| Ashtead Group | |
| 896 | | |
| 47,752 | |
| CK Hutchison Holdings | |
| 5,520 | | |
| 31,178 | |
| RELX | |
| 3,769 | | |
| 204,743 | |
| | |
| | | |
| 283,673 | |
| Information Technology — 0.1% | |
| | | |
| | |
| ARM Holdings ADR * | |
| 187 | | |
| 21,327 | |
| | |
| | | |
| | |
| Utilities — 0.7% | |
| | | |
| | |
| National Grid PLC | |
| 7,621 | | |
| 110,243 | |
| SSE | |
| 1,723 | | |
| 38,940 | |
| | |
| | | |
| 149,183 | |
| TOTAL UNITED KINGDOM | |
| | | |
| 2,462,483 | |
The accompanying notes are an integral part
of the financial statements.
92
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| UNITED STATES — 5.9% | |
| | | |
| | |
| Communication Services — 0.6% | |
| | | |
| | |
| Spotify Technology * | |
| 227 | | |
$ | 139,373 | |
| | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| Stellantis | |
| 3,611 | | |
| 33,413 | |
| | |
| | | |
| | |
| Energy — 0.1% | |
| | | |
| | |
| Tenaris | |
| 653 | | |
| 10,901 | |
| | |
| | | |
| | |
| Health Care — 2.6% | |
| | | |
| | |
| CSL | |
| 3,127 | | |
| 502,463 | |
| ICON * | |
| 532 | | |
| 80,566 | |
| | |
| | | |
| 583,029 | |
| Industrials — 1.8% | |
| | | |
| | |
| Experian PLC | |
| 1,888 | | |
| 93,685 | |
| Ferrovial | |
| 998 | | |
| 48,646 | |
| Schneider Electric | |
| 1,112 | | |
| 258,123 | |
| | |
| | | |
| 400,454 | |
| Information Technology — 0.2% | |
| | | |
| | |
| CyberArk Software * | |
| 74 | | |
| 26,060 | |
| JFrog * | |
| 132 | | |
| 4,458 | |
| Monday.com * | |
| 59 | | |
| 16,578 | |
| | |
| | | |
| 47,096 | |
| Materials — 0.5% | |
| | | |
| | |
| Holcim | |
| 819 | | |
| 91,293 | |
| James Hardie Industries, CDI * | |
| 677 | | |
| 16,028 | |
| | |
| | | |
| 107,321 | |
| TOTAL UNITED STATES | |
| | | |
| 1,321,587 | |
TOTAL COMMON STOCK
(Cost $20,772,812) | |
| | | |
| 22,364,477 | |
| | |
| | | |
| | |
| PREFERRED STOCK — 0.3% | |
| | | |
| | |
| GERMANY — 0.3% | |
| | | |
| | |
| Consumer Discretionary — 0.2% | |
| | | |
| | |
| Bayerische Motoren Werke (A) | |
| 87 | | |
| 6,987 | |
The accompanying notes are an integral part
of the financial statements.
93
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P Catholic Values Developed ex-US
ETF |
| | |
Shares | | |
Value | |
| PREFERRED STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Dr Ing hc F Porsche (A) | |
| 143 | | |
$ | 7,167 | |
| Volkswagen (A) | |
| 317 | | |
| 34,392 | |
| | |
| | | |
| 48,546 | |
| Consumer Staples — 0.1% | |
| | | |
| | |
| Henkel & KGaA (A) | |
| 416 | | |
| 32,346 | |
| TOTAL GERMANY | |
| | | |
| 80,892 | |
TOTAL PREFERRED STOCK
(Cost $100,532) | |
| | | |
| 80,892 | |
| | |
| | | |
| | |
| | |
| Number of
Rights | | |
| | |
| RIGHTS — 0.0% | |
| | | |
| | |
| Portugal — 0.0% | |
| | | |
| | |
| EDP Renovaveis # | |
| 462 | | |
| 47 | |
| (Cost $–) | |
| | | |
| 47 | |
TOTAL INVESTMENTS — 99.3%
(Cost $20,873,344) | |
| | | |
$ | 22,445,416 | |
Percentages are based on Net Assets of $22,599,300.
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| # |
Expiration date not available. |
| (A) |
There is currently no stated interest rate. |
The following is a summary of the level of inputs used as of April
30, 2025, in valuing the Fund’s investments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 22,224,110 | | |
$ | 140,367 | | |
$ | —
| | |
$ | 22,364,477 | |
| Preferred Stock | |
| 80,892 | | |
| — | | |
| — | | |
| 80,892 | |
| Rights | |
| 47 | | |
| — | | |
| — | | |
| 47 | |
| Total Investments in Securities | |
$ | 22,305,049 | | |
$ | 140,367 | | |
$ | — | | |
$ | 22,445,416 | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part
of the financial statements.
94
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 98.8% | |
| | | |
| | |
| BRAZIL — 0.8% | |
| | | |
| | |
| Consumer Discretionary — 0.8% | |
| | | |
| | |
| MercadoLibre * | |
| 8 | | |
$ | 18,647 | |
| | |
| | | |
| | |
| CHINA — 0.5% | |
| | | |
| | |
| Consumer Discretionary — 0.5% | |
| | | |
| | |
| PDD Holdings ADR * | |
| 105 | | |
| 11,085 | |
| | |
| | | |
| | |
| NETHERLANDS — 0.7% | |
| | | |
| | |
| Information Technology — 0.7% | |
| | | |
| | |
| ASML Holding | |
| 14 | | |
| 9,353 | |
| NXP Semiconductors | |
| 40 | | |
| 7,372 | |
| | |
| | | |
| | |
| TOTAL NETHERLANDS | |
| | | |
| 16,725 | |
| UNITED KINGDOM — 0.7% | |
| | | |
| | |
| Consumer Staples — 0.3% | |
| | | |
| | |
| Coca-Cola Europacific Partners PLC | |
| 72 | | |
| 6,533 | |
| | |
| | | |
| | |
| Health Care — 0.3% | |
| | | |
| | |
| AstraZeneca PLC ADR | |
| 92 | | |
| 6,605 | |
| | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| ARM Holdings ADR * | |
| 21 | | |
| 2,395 | |
| | |
| | | |
| | |
| TOTAL UNITED KINGDOM | |
| | | |
| 15,533 | |
| UNITED STATES — 96.1% | |
| | | |
| | |
| Communication Services — 15.5% | |
| | | |
| | |
| Alphabet, Cl A | |
| 369 | | |
| 58,597 | |
| Alphabet, Cl C | |
| 348 | | |
| 55,990 | |
| Charter Communications, Cl A * | |
| 22 | | |
| 8,621 | |
| Comcast, Cl A | |
| 589 | | |
| 20,144 | |
| Electronic Arts | |
| 41 | | |
| 5,949 | |
| Meta Platforms, Cl A | |
| 138 | | |
| 75,762 | |
| Netflix * | |
| 67 | | |
| 75,825 | |
| Take-Two Interactive Software * | |
| 27 | | |
| 6,299 | |
| T-Mobile US | |
| 178 | | |
| 43,957 | |
| Trade Desk, Cl A * | |
| 71 | | |
| 3,808 | |
The accompanying notes
are an integral part of the financial statements.
95
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Warner Bros Discovery * | |
| 398 | | |
$ | 3,451 | |
| | |
| | | |
| 358,403 | |
| Consumer Discretionary — 12.3% | |
| | | |
| | |
| Airbnb, Cl A * | |
| 69 | | |
| 8,412 | |
| Amazon.com * | |
| 674 | | |
| 124,299 | |
| Booking Holdings | |
| 5 | | |
| 25,496 | |
| DoorDash, Cl A * | |
| 60 | | |
| 11,573 | |
| Lululemon Athletica * | |
| 19 | | |
| 5,145 | |
| Marriott International, Cl A | |
| 44 | | |
| 10,498 | |
| O’Reilly Automotive * | |
| 9 | | |
| 12,737 | |
| Ross Stores | |
| 53 | | |
| 7,367 | |
| Starbucks | |
| 179 | | |
| 14,329 | |
| Tesla * | |
| 231 | | |
| 65,179 | |
| | |
| | | |
| 285,035 | |
| Consumer Staples — 5.8% | |
| | | |
| | |
| Costco Wholesale | |
| 69 | | |
| 68,621 | |
| Keurig Dr Pepper | |
| 210 | | |
| 7,264 | |
| Kraft Heinz | |
| 187 | | |
| 5,442 | |
| Mondelez International, Cl A | |
| 203 | | |
| 13,830 | |
| Monster Beverage * | |
| 153 | | |
| 9,198 | |
| PepsiCo | |
| 214 | | |
| 29,014 | |
| | |
| | | |
| 133,369 | |
| Energy — 0.5% | |
| | | |
| | |
| Baker Hughes, Cl A | |
| 158 | | |
| 5,593 | |
| Diamondback Energy | |
| 44 | | |
| 5,809 | |
| | |
| | | |
| 11,402 | |
| Financials — 0.4% | |
| | | |
| | |
| PayPal Holdings * | |
| 156 | | |
| 10,271 | |
| | |
| | | |
| | |
| Health Care — 5.3% | |
| | | |
| | |
| Amgen | |
| 84 | | |
| 24,437 | |
| Biogen * | |
| 23 | | |
| 2,785 | |
| Dexcom * | |
| 62 | | |
| 4,426 | |
| GE HealthCare Technologies | |
| 73 | | |
| 5,134 | |
| Gilead Sciences | |
| 196 | | |
| 20,882 | |
The accompanying notes
are an integral part of the financial statements.
96
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| IDEXX Laboratories * | |
| 13 | | |
$ | 5,624 | |
| Intuitive Surgical * | |
| 56 | | |
| 28,885 | |
| Regeneron Pharmaceuticals | |
| 17 | | |
| 10,179 | |
| Vertex Pharmaceuticals * | |
| 40 | | |
| 20,380 | |
| | |
| | | |
| 122,732 | |
| Industrials — 4.9% | |
| | | |
| | |
| Automatic Data Processing | |
| 64 | | |
| 19,238 | |
| Axon Enterprise * | |
| 12 | | |
| 7,360 | |
| Cintas | |
| 63 | | |
| 13,336 | |
| Copart * | |
| 150 | | |
| 9,154 | |
| CSX | |
| 296 | | |
| 8,309 | |
| Fastenal | |
| 90 | | |
| 7,287 | |
| Honeywell International | |
| 101 | | |
| 21,260 | |
| Old Dominion Freight Line | |
| 34 | | |
| 5,212 | |
| PACCAR | |
| 82 | | |
| 7,397 | |
| Paychex | |
| 56 | | |
| 8,239 | |
| Verisk Analytics, Cl A | |
| 21 | | |
| 6,225 | |
| | |
| | | |
| 113,017 | |
| Information Technology — 48.3% | |
| | | |
| | |
| Adobe * | |
| 68 | | |
| 25,499 | |
| Advanced Micro Devices * | |
| 252 | | |
| 24,532 | |
| Analog Devices | |
| 77 | | |
| 15,009 | |
| ANSYS * | |
| 13 | | |
| 4,184 | |
| Apple | |
| 951 | | |
| 202,088 | |
| Applied Materials | |
| 127 | | |
| 19,140 | |
| AppLovin, Cl A * | |
| 47 | | |
| 12,658 | |
| Atlassian, Cl A * | |
| 25 | | |
| 5,708 | |
| Autodesk * | |
| 34 | | |
| 9,325 | |
| Broadcom | |
| 492 | | |
| 94,695 | |
| Cadence Design Systems * | |
| 43 | | |
| 12,803 | |
| CDW | |
| 19 | | |
| 3,051 | |
| Cisco Systems | |
| 621 | | |
| 35,850 | |
| Cognizant Technology Solutions, Cl A | |
| 77 | | |
| 5,665 | |
| Crowdstrike Holdings, Cl A * | |
| 36 | | |
| 15,439 | |
| Datadog, Cl A * | |
| 49 | | |
| 5,006 | |
| Fortinet * | |
| 122 | | |
| 12,659 | |
| GLOBALFOUNDRIES * | |
| 90 | | |
| 3,156 | |
The accompanying notes
are an integral part of the financial statements.
97
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Intel | |
| 672 | | |
$ | 13,507 | |
| Intuit | |
| 44 | | |
| 27,609 | |
| KLA | |
| 21 | | |
| 14,756 | |
| Lam Research | |
| 201 | | |
| 14,406 | |
| Marvell Technology | |
| 136 | | |
| 7,938 | |
| Microchip Technology | |
| 83 | | |
| 3,825 | |
| Micron Technology | |
| 175 | | |
| 13,466 | |
| Microsoft | |
| 470 | | |
| 185,772 | |
| MicroStrategy, Cl A * | |
| 36 | | |
| 13,684 | |
| MongoDB, Cl A * | |
| 12 | | |
| 2,066 | |
| NVIDIA | |
| 1,551 | | |
| 168,935 | |
| ON Semiconductor * | |
| 69 | | |
| 2,739 | |
| Palantir Technologies, Cl A * | |
| 352 | | |
| 41,691 | |
| Palo Alto Networks * | |
| 104 | | |
| 19,441 | |
| QUALCOMM | |
| 172 | | |
| 25,535 | |
| Roper Technologies | |
| 17 | | |
| 9,521 | |
| Synopsys * | |
| 24 | | |
| 11,016 | |
| Texas Instruments | |
| 142 | | |
| 22,727 | |
| Workday, Cl A * | |
| 34 | | |
| 8,330 | |
| Zscaler * | |
| 24 | | |
| 5,428 | |
| | |
| | | |
| 1,118,859 | |
| Materials — 1.4% | |
| | | |
| | |
| Linde PLC | |
| 74 | | |
| 33,539 | |
| | |
| | | |
| | |
| Real Estate — 0.2% | |
| | | |
| | |
| CoStar Group * | |
| 66 | | |
| 4,895 | |
| | |
| | | |
| | |
| Utilities — 1.5% | |
| | | |
| | |
| American Electric Power | |
| 85 | | |
| 9,209 | |
| Constellation Energy | |
| 50 | | |
| 11,172 | |
| Exelon | |
| 156 | | |
| 7,316 | |
| Xcel Energy | |
| 90 | | |
| 6,363 | |
| | |
| | | |
| 34,060 | |
| TOTAL UNITED STATES | |
| | | |
| 2,225,582 | |
TOTAL COMMON STOCK
(Cost $2,202,628) | |
| | | |
| 2,287,572 | |
The accompanying notes
are an integral part of the financial statements.
98
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Tail Risk ETF |
| | |
Value | |
| PURCHASED OPTIONS — 1.1% | |
| | |
| (Cost $31,757) | |
$ | 25,063 | |
TOTAL INVESTMENTS — 99.9%
(Cost $2,234,385) | |
$ | 2,312,635 | |
Percentages are based on Net Assets of $2,315,499.
A list of exchange traded option contracts
held by the Fund at April 30, 2025, is as follows:
| Description | |
Number of
Contracts | | |
Notional
Amount | | |
Exercise
Price | | |
Expiration
Date | |
Value | |
| PURCHASED OPTIONS — 1.1% | |
| | | |
| | | |
| | | |
| |
| | |
| Put Options | |
| | | |
| | | |
| | | |
| |
| | |
| Nasdaq-100 Index | |
| 1 | | |
$ | 1,957,102 | | |
$ | 17,650 | | |
06/20/25 | |
$ | 21,895 | |
| Nasdaq-100 Micro Index | |
| 16 | | |
| 313,136 | | |
| 175 | | |
06/20/25 | |
| 3,168 | |
| Total Purchased Options | |
| | | |
$ | 2,270,238 | | |
| | | |
| |
$ | 25,063 | |
| * |
Non-income producing security. |
As of April 30, 2025, all of the Fund’s
investments were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under
U.S. GAAP.
See “Glossary” for abbreviations.
The accompanying notes
are an integral part of the financial statements.
99
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 98.3% | |
| | | |
| | |
| BRAZIL — 0.8% | |
| | | |
| | |
| Consumer Discretionary — 0.8% | |
| | | |
| | |
| MercadoLibre * | |
| 8 | | |
$ | 18,647 | |
| | |
| | | |
| | |
| CHINA — 0.5% | |
| | | |
| | |
| Consumer Discretionary — 0.5% | |
| | | |
| | |
| PDD Holdings ADR *(A) | |
| 97 | | |
| 10,240 | |
| | |
| | | |
| | |
| NETHERLANDS — 0.7% | |
| | | |
| | |
| Information Technology — 0.7% | |
| | | |
| | |
| ASML Holding | |
| 13 | | |
| 8,685 | |
| NXP Semiconductors (A) | |
| 38 | | |
| 7,004 | |
| | |
| | | |
| | |
| TOTAL NETHERLANDS | |
| | | |
| 15,689 | |
| UNITED KINGDOM — 0.7% | |
| | | |
| | |
| Consumer Staples — 0.3% | |
| | | |
| | |
| Coca-Cola Europacific Partners PLC (A) | |
| 69 | | |
| 6,261 | |
| | |
| | | |
| | |
| Health Care — 0.3% | |
| | | |
| | |
| AstraZeneca PLC ADR (A) | |
| 85 | | |
| 6,102 | |
| | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| ARM Holdings ADR *(A) | |
| 18 | | |
| 2,053 | |
| | |
| | | |
| | |
| TOTAL UNITED KINGDOM | |
| | | |
| 14,416 | |
| UNITED STATES — 95.6% | |
| | | |
| | |
| Communication Services — 15.4% | |
| | | |
| | |
| Alphabet, Cl A (A) | |
| 353 | | |
| 56,057 | |
| Alphabet, Cl C (A) | |
| 333 | | |
| 53,576 | |
| Charter Communications, Cl A *(A) | |
| 21 | | |
| 8,229 | |
| Comcast, Cl A (A) | |
| 561 | | |
| 19,186 | |
| Electronic Arts (A) | |
| 39 | | |
| 5,659 | |
| Meta Platforms, Cl A (A) | |
| 132 | | |
| 72,468 | |
| Netflix *(A) | |
| 64 | | |
| 72,430 | |
| Take-Two Interactive Software *(A) | |
| 26 | | |
| 6,066 | |
| T-Mobile US (A) | |
| 170 | | |
| 41,982 | |
| Trade Desk, Cl A *(A) | |
| 67 | | |
| 3,593 | |
The accompanying notes
are an integral part of the financial statements.
100
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Warner Bros Discovery *(A) | |
| 357 | | |
$ | 3,095 | |
| | |
| | | |
| 342,341 | |
| Consumer Discretionary — 12.2% | |
| | | |
| | |
| Airbnb, Cl A *(A) | |
| 64 | | |
| 7,803 | |
| Amazon.com *(A) | |
| 641 | | |
| 118,213 | |
| Booking Holdings | |
| 5 | | |
| 25,496 | |
| DoorDash, Cl A *(A) | |
| 58 | | |
| 11,188 | |
| Lululemon Athletica *(A) | |
| 17 | | |
| 4,603 | |
| Marriott International, Cl A (A) | |
| 41 | | |
| 9,782 | |
| O’Reilly Automotive * | |
| 8 | | |
| 11,322 | |
| Ross Stores (A) | |
| 49 | | |
| 6,811 | |
| Starbucks (A) | |
| 169 | | |
| 13,529 | |
| Tesla *(A) | |
| 221 | | |
| 62,357 | |
| | |
| | | |
| 271,104 | |
| Consumer Staples — 5.8% | |
| | | |
| | |
| Costco Wholesale (A) | |
| 66 | | |
| 65,637 | |
| Keurig Dr Pepper (A) | |
| 202 | | |
| 6,987 | |
| Kraft Heinz (A) | |
| 176 | | |
| 5,122 | |
| Mondelez International, Cl A (A) | |
| 195 | | |
| 13,285 | |
| Monster Beverage *(A) | |
| 145 | | |
| 8,718 | |
| PepsiCo (A) | |
| 205 | | |
| 27,794 | |
| | |
| | | |
| 127,543 | |
| Energy — 0.5% | |
| | | |
| | |
| Baker Hughes, Cl A (A) | |
| 147 | | |
| 5,204 | |
| Diamondback Energy (A) | |
| 43 | | |
| 5,676 | |
| | |
| | | |
| 10,880 | |
| Financials — 0.4% | |
| | | |
| | |
| PayPal Holdings *(A) | |
| 146 | | |
| 9,613 | |
| | |
| | | |
| | |
| Health Care — 5.2% | |
| | | |
| | |
| Amgen (A) | |
| 80 | | |
| 23,274 | |
| Biogen *(A) | |
| 22 | | |
| 2,664 | |
| Dexcom *(A) | |
| 58 | | |
| 4,140 | |
| GE HealthCare Technologies (A) | |
| 68 | | |
| 4,782 | |
| Gilead Sciences (A) | |
| 185 | | |
| 19,710 | |
The accompanying notes
are an integral part of the financial statements.
101
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| IDEXX Laboratories *(A) | |
| 12 | | |
$ | 5,192 | |
| Intuitive Surgical *(A) | |
| 53 | | |
| 27,337 | |
| Regeneron Pharmaceuticals (A) | |
| 16 | | |
| 9,580 | |
| Vertex Pharmaceuticals *(A) | |
| 38 | | |
| 19,361 | |
| | |
| | | |
| 116,040 | |
| Industrials — 4.9% | |
| | | |
| | |
| Automatic Data Processing (A) | |
| 61 | | |
| 18,337 | |
| Axon Enterprise * | |
| 11 | | |
| 6,746 | |
| Cintas (A) | |
| 61 | | |
| 12,913 | |
| Copart *(A) | |
| 144 | | |
| 8,788 | |
| CSX (A) | |
| 281 | | |
| 7,888 | |
| Fastenal (A) | |
| 86 | | |
| 6,963 | |
| Honeywell International (A) | |
| 97 | | |
| 20,419 | |
| Old Dominion Freight Line (A) | |
| 32 | | |
| 4,905 | |
| PACCAR (A) | |
| 78 | | |
| 7,036 | |
| Paychex (A) | |
| 54 | | |
| 7,944 | |
| Verisk Analytics, Cl A (A) | |
| 21 | | |
| 6,225 | |
| | |
| | | |
| 108,164 | |
| Information Technology — 48.1% | |
| | | |
| | |
| Adobe *(A) | |
| 65 | | |
| 24,374 | |
| Advanced Micro Devices *(A) | |
| 241 | | |
| 23,461 | |
| Analog Devices (A) | |
| 74 | | |
| 14,424 | |
| ANSYS *(A) | |
| 13 | | |
| 4,184 | |
| Apple (A) | |
| 910 | | |
| 193,375 | |
| Applied Materials (A) | |
| 121 | | |
| 18,236 | |
| AppLovin, Cl A *(A) | |
| 46 | | |
| 12,388 | |
| Atlassian, Cl A *(A) | |
| 24 | | |
| 5,479 | |
| Autodesk *(A) | |
| 32 | | |
| 8,776 | |
| Broadcom (A) | |
| 470 | | |
| 90,461 | |
| Cadence Design Systems *(A) | |
| 41 | | |
| 12,207 | |
| CDW (A) | |
| 19 | | |
| 3,051 | |
| Cisco Systems (A) | |
| 592 | | |
| 34,176 | |
| Cognizant Technology Solutions, Cl A (A) | |
| 73 | | |
| 5,371 | |
| Crowdstrike Holdings, Cl A *(A) | |
| 34 | | |
| 14,582 | |
| Datadog, Cl A *(A) | |
| 47 | | |
| 4,802 | |
| Fortinet *(A) | |
| 114 | | |
| 11,829 | |
| GLOBALFOUNDRIES *(A) | |
| 80 | | |
| 2,806 | |
The accompanying notes
are an integral part of the financial statements.
102
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Intel (A) | |
| 645 | | |
$ | 12,964 | |
| Intuit (A) | |
| 41 | | |
| 25,726 | |
| KLA (A) | |
| 19 | | |
| 13,351 | |
| Lam Research (A) | |
| 191 | | |
| 13,689 | |
| Marvell Technology (A) | |
| 129 | | |
| 7,530 | |
| Microchip Technology (A) | |
| 80 | | |
| 3,686 | |
| Micron Technology (A) | |
| 166 | | |
| 12,774 | |
| Microsoft (A) | |
| 450 | | |
| 177,867 | |
| MicroStrategy, Cl A *(A) | |
| 35 | | |
| 13,304 | |
| MongoDB, Cl A *(A) | |
| 11 | | |
| 1,894 | |
| NVIDIA (A) | |
| 1,478 | | |
| 160,984 | |
| ON Semiconductor *(A) | |
| 62 | | |
| 2,461 | |
| Palantir Technologies, Cl A *(A) | |
| 335 | | |
| 39,677 | |
| Palo Alto Networks *(A) | |
| 98 | | |
| 18,319 | |
| QUALCOMM (A) | |
| 165 | | |
| 24,496 | |
| Roper Technologies (A) | |
| 16 | | |
| 8,961 | |
| Synopsys *(A) | |
| 23 | | |
| 10,557 | |
| Texas Instruments (A) | |
| 136 | | |
| 21,767 | |
| Workday, Cl A *(A) | |
| 32 | | |
| 7,840 | |
| Zscaler *(A) | |
| 23 | | |
| 5,202 | |
| | |
| | | |
| 1,067,031 | |
| Materials — 1.4% | |
| | | |
| | |
| Linde PLC (A) | |
| 70 | | |
| 31,726 | |
| | |
| | | |
| | |
| Real Estate — 0.2% | |
| | | |
| | |
| CoStar Group *(A) | |
| 61 | | |
| 4,524 | |
| | |
| | | |
| | |
| Utilities — 1.5% | |
| | | |
| | |
| American Electric Power (A) | |
| 79 | | |
| 8,559 | |
| Constellation Energy (A) | |
| 47 | | |
| 10,502 | |
| Exelon (A) | |
| 150 | | |
| 7,035 | |
| Xcel Energy (A) | |
| 85 | | |
| 6,009 | |
| | |
| | | |
| 32,105 | |
| TOTAL UNITED STATES | |
| | | |
| 2,121,071 | |
TOTAL COMMON STOCK
(Cost $1,908,044) | |
| | | |
| 2,180,063 | |
The accompanying notes
are an integral part of the financial statements.
103
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
| | |
Value | |
| PURCHASED OPTIONS — 2.0% | |
| | |
| (Cost $30,514) | |
$ | 44,307 | |
TOTAL INVESTMENTS — 100.3%
(Cost $1,938,558) | |
$ | 2,224,370 | |
| | |
| | |
| WRITTEN OPTIONS — (0.4)% | |
| | |
| (Premiums Received $(30,446)) | |
$ | (7,831 | ) |
Percentages are based on Net Assets of $2,218,527.
A list of exchange traded option contracts
held by the Fund at April 30, 2025, is as follows:
| Description | |
Number of
Contracts | | |
Notional
Amount | | |
Exercise
Price | | |
Expiration
Date | |
Value | |
| PURCHASED OPTIONS — 2.0% | |
| | | |
| | | |
| | | |
| |
| | |
| Put Options | |
| | | |
| | | |
| | | |
| |
| | |
| Nasdaq-100 Index | |
| 1 | | |
$ | 1,957,102 | | |
$ | 18,625 | | |
06/20/25 | |
$ | 40,100 | |
| Nasdaq-100 Micro Index | |
| 11 | | |
| 215,281 | | |
| 185 | | |
06/20/25 | |
| 4,208 | |
| | |
| | | |
| | | |
| | | |
| |
| | |
| Total Purchased Options | |
| | | |
$ | 2,172,383 | | |
| | | |
| |
$ | 44,308 | |
| | |
| | | |
| | | |
| | | |
| |
| | |
| WRITTEN OPTIONS — (0.4)% | |
| | | |
| | | |
| | | |
| |
| | |
| Call Options | |
| | | |
| | | |
| | | |
| |
| | |
| Nasdaq-100 Index | |
| (1 | ) | |
$ | (1,957,102 | ) | |
$ | 21,600 | | |
06/20/25 | |
$ | (7,000 | ) |
| Nasdaq-100 Micro Index | |
| (11 | ) | |
| (215,281 | ) | |
| 216 | | |
06/20/25 | |
| (831 | ) |
| | |
| | | |
| | | |
| | | |
| |
| | |
| Total Written Options | |
| | | |
$ | (2,172,383 | ) | |
| | | |
| |
$ | (7,831 | ) |
| * |
Non-income producing security. |
| (A) |
All or a portion of these securities have been segregated as collateral for options contracts. The Fair Value of the
securities pledged as collateral is $2,180,063. |
The accompanying notes
are an integral part of the financial statements.
104
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X NASDAQ 100®
Collar 95-110 ETF |
The following is a summary of the level
of inputs used as of April 30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Common Stock | |
$ | 2,180,063 | | |
$ | — | | |
$ | — | | |
$ | 2,180,063 | |
| Purchased Options | |
| 44,307 | | |
| — | | |
| — | | |
| 44,307 | |
| Total Investments in Securities | |
$ | 2,224,370 | | |
$ | — | | |
$ | — | | |
$ | 2,224,370 | |
| | |
| | | |
| | | |
| | | |
| | |
| Other Financial Instruments | |
| Level 1 | | |
| Level 2 | | |
| Level 3 | | |
| Total | |
| Written Options | |
$ | (7,831 | ) | |
$ | — | | |
$ | — | | |
$ | (7,831 | ) |
| Total Other Financial Instruments | |
$ | (7,831 | ) | |
$ | — | | |
$ | — | | |
$ | (7,831 | ) |
Amounts designated as “—”
are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes
are an integral part of the financial statements.
105
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.0% | |
| | | |
| | |
| IRELAND — 0.4% | |
| | | |
| | |
| Information Technology — 0.4% | |
| | | |
| | |
| Accenture PLC, Cl A | |
| 24 | | |
$ | 7,180 | |
| | |
| | | |
| | |
| JERSEY — 0.1% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| APTIV PLC * | |
| 8 | | |
| 456 | |
| | |
| | | |
| | |
| NETHERLANDS — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| NXP Semiconductors | |
| 10 | | |
| 1,843 | |
| | |
| | | |
| | |
| SWITZERLAND — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| TE Connectivity PLC | |
| 11 | | |
| 1,610 | |
| | |
| | | |
| | |
| UNITED STATES — 98.3% | |
| | | |
| | |
| Communication Services — 9.2% | |
| | | |
| | |
| Alphabet, Cl A | |
| 222 | | |
| 35,254 | |
| Alphabet, Cl C | |
| 180 | | |
| 28,960 | |
| AT&T | |
| 273 | | |
| 7,562 | |
| Charter Communications, Cl A * | |
| 4 | | |
| 1,567 | |
| Comcast, Cl A | |
| 145 | | |
| 4,959 | |
| Electronic Arts | |
| 9 | | |
| 1,306 | |
| Fox, Cl A | |
| 9 | | |
| 448 | |
| Fox, Cl B | |
| 4 | | |
| 185 | |
| Interpublic Group | |
| 16 | | |
| 402 | |
| Live Nation Entertainment * | |
| 6 | | |
| 795 | |
| Match Group | |
| 8 | | |
| 237 | |
| Meta Platforms, Cl A | |
| 83 | | |
| 45,567 | |
| Netflix * | |
| 16 | | |
| 18,107 | |
| News, Cl A | |
| 13 | | |
| 353 | |
| News, Cl B | |
| 4 | | |
| 126 | |
| Omnicom Group | |
| 10 | | |
| 762 | |
| Paramount Global, Cl B | |
| 23 | | |
| 270 | |
| Take-Two Interactive Software * | |
| 6 | | |
| 1,400 | |
| TKO Group Holdings, Cl A | |
| 2 | | |
| 326 | |
| T-Mobile US | |
| 18 | | |
| 4,445 | |
The accompanying notes are an integral
part of the financial statements.
106
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Verizon Communications | |
| 160 | | |
$ | 7,050 | |
| Walt Disney | |
| 69 | | |
| 6,275 | |
| Warner Bros Discovery * | |
| 82 | | |
| 711 | |
| | |
| | | |
| 167,067 | |
| Consumer Discretionary — 10.2% | |
| | | |
| | |
| Airbnb, Cl A * | |
| 17 | | |
| 2,073 | |
| Amazon.com * | |
| 360 | | |
| 66,391 | |
| AutoZone * | |
| 1 | | |
| 3,763 | |
| Best Buy | |
| 8 | | |
| 534 | |
| Booking Holdings | |
| 1 | | |
| 5,099 | |
| Caesars Entertainment * | |
| 7 | | |
| 189 | |
| CarMax * | |
| 7 | | |
| 453 | |
| Carnival * | |
| 38 | | |
| 697 | |
| Chipotle Mexican Grill, Cl A * | |
| 52 | | |
| 2,627 | |
| Darden Restaurants | |
| 5 | | |
| 1,003 | |
| Deckers Outdoor * | |
| 5 | | |
| 554 | |
| Domino’s Pizza | |
| 1 | | |
| 490 | |
| DoorDash, Cl A * | |
| 13 | | |
| 2,508 | |
| DR Horton | |
| 10 | | |
| 1,263 | |
| eBay | |
| 17 | | |
| 1,159 | |
| Expedia Group | |
| 5 | | |
| 785 | |
| Ford Motor | |
| 145 | | |
| 1,451 | |
| Garmin | |
| 7 | | |
| 1,308 | |
| General Motors | |
| 37 | | |
| 1,674 | |
| Genuine Parts | |
| 6 | | |
| 705 | |
| Hasbro | |
| 4 | | |
| 248 | |
| Hilton Worldwide Holdings | |
| 9 | | |
| 2,029 | |
| Home Depot | |
| 38 | | |
| 13,699 | |
| Las Vegas Sands | |
| 12 | | |
| 440 | |
| Lennar, Cl A | |
| 9 | | |
| 978 | |
| LKQ | |
| 9 | | |
| 344 | |
| Lowe’s | |
| 22 | | |
| 4,918 | |
| Lululemon Athletica * | |
| 5 | | |
| 1,354 | |
| Marriott International, Cl A | |
| 9 | | |
| 2,147 | |
| McDonald’s | |
| 27 | | |
| 8,631 | |
| MGM Resorts International * | |
| 7 | | |
| 220 | |
| Mohawk Industries * | |
| 2 | | |
| 213 | |
| NIKE, Cl B | |
| 44 | | |
| 2,482 | |
The accompanying notes are an integral
part of the financial statements.
107
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Norwegian Cruise Line Holdings * | |
| 16 | | |
$ | 257 | |
| O’Reilly Automotive * | |
| 2 | | |
| 2,830 | |
| Pool | |
| 1 | | |
| 293 | |
| PulteGroup | |
| 8 | | |
| 821 | |
| Ralph Lauren, Cl A | |
| 2 | | |
| 450 | |
| Ross Stores | |
| 12 | | |
| 1,668 | |
| Royal Caribbean Cruises | |
| 10 | | |
| 2,149 | |
| Starbucks | |
| 43 | | |
| 3,442 | |
| Tapestry | |
| 9 | | |
| 636 | |
| Tesla * | |
| 107 | | |
| 30,191 | |
| TJX | |
| 43 | | |
| 5,533 | |
| Tractor Supply | |
| 20 | | |
| 1,012 | |
| Ulta Beauty * | |
| 2 | | |
| 791 | |
| Williams-Sonoma | |
| 5 | | |
| 772 | |
| Wynn Resorts | |
| 2 | | |
| 161 | |
| Yum! Brands | |
| 10 | | |
| 1,504 | |
| | |
| | | |
| 184,939 | |
| Consumer Staples — 6.1% | |
| | | |
| | |
| Altria Group | |
| 64 | | |
| 3,786 | |
| Archer-Daniels-Midland | |
| 18 | | |
| 859 | |
| Brown-Forman, Cl B | |
| 6 | | |
| 209 | |
| Bunge Global | |
| 6 | | |
| 472 | |
| Campbell Soup | |
| 7 | | |
| 255 | |
| Church & Dwight | |
| 9 | | |
| 894 | |
| Clorox | |
| 5 | | |
| 711 | |
| Coca-Cola | |
| 148 | | |
| 10,737 | |
| Colgate-Palmolive | |
| 31 | | |
| 2,858 | |
| Conagra Brands | |
| 21 | | |
| 519 | |
| Constellation Brands, Cl A | |
| 6 | | |
| 1,125 | |
| Costco Wholesale | |
| 17 | | |
| 16,907 | |
| Dollar General | |
| 8 | | |
| 750 | |
| Dollar Tree * | |
| 7 | | |
| 572 | |
| Estee Lauder, Cl A | |
| 10 | | |
| 600 | |
| General Mills | |
| 21 | | |
| 1,192 | |
| Hershey | |
| 5 | | |
| 836 | |
| Hormel Foods | |
| 13 | | |
| 389 | |
| J M Smucker | |
| 3 | | |
| 349 | |
| Kellanova | |
| 10 | | |
| 828 | |
The accompanying notes are an integral
part of the financial statements.
108
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Kenvue | |
| 71 | | |
$ | 1,676 | |
| Keurig Dr Pepper | |
| 42 | | |
| 1,453 | |
| Kimberly-Clark | |
| 12 | | |
| 1,581 | |
| Kraft Heinz | |
| 32 | | |
| 931 | |
| Kroger | |
| 24 | | |
| 1,733 | |
| Lamb Weston Holdings | |
| 6 | | |
| 317 | |
| McCormick | |
| 11 | | |
| 843 | |
| Molson Coors Beverage, Cl B | |
| 10 | | |
| 575 | |
| Mondelez International, Cl A | |
| 49 | | |
| 3,338 | |
| Monster Beverage * | |
| 26 | | |
| 1,563 | |
| PepsiCo | |
| 51 | | |
| 6,915 | |
| Philip Morris International | |
| 58 | | |
| 9,939 | |
| Procter & Gamble | |
| 90 | | |
| 14,631 | |
| Sysco | |
| 18 | | |
| 1,285 | |
| Target | |
| 16 | | |
| 1,547 | |
| Tyson Foods, Cl A | |
| 13 | | |
| 796 | |
| Walgreens Boots Alliance | |
| 25 | | |
| 274 | |
| Walmart | |
| 166 | | |
| 16,144 | |
| | |
| | | |
| 110,389 | |
| Energy — 3.1% | |
| | | |
| | |
| APA | |
| 15 | | |
| 233 | |
| Baker Hughes, Cl A | |
| 37 | | |
| 1,310 | |
| Chesapeake Energy | |
| 8 | | |
| 831 | |
| Chevron | |
| 64 | | |
| 8,708 | |
| ConocoPhillips | |
| 49 | | |
| 4,367 | |
| Coterra Energy | |
| 27 | | |
| 663 | |
| Devon Energy | |
| 25 | | |
| 760 | |
| Diamondback Energy | |
| 7 | | |
| 924 | |
| EOG Resources | |
| 21 | | |
| 2,317 | |
| EQT | |
| 22 | | |
| 1,088 | |
| Exxon Mobil | |
| 166 | | |
| 17,535 | |
| Halliburton | |
| 32 | | |
| 634 | |
| Hess | |
| 10 | | |
| 1,290 | |
| Kinder Morgan | |
| 72 | | |
| 1,894 | |
| Marathon Petroleum | |
| 12 | | |
| 1,649 | |
| Occidental Petroleum | |
| 25 | | |
| 985 | |
| ONEOK | |
| 22 | | |
| 1,808 | |
| Phillips 66 | |
| 16 | | |
| 1,665 | |
The accompanying notes are an integral
part of the financial statements.
109
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Energy — continued | |
| | | |
| | |
| Schlumberger | |
| 53 | | |
$ | 1,762 | |
| Targa Resources | |
| 8 | | |
| 1,367 | |
| Texas Pacific Land | |
| 1 | | |
| 1,289 | |
| Valero Energy | |
| 11 | | |
| 1,277 | |
| Williams | |
| 46 | | |
| 2,694 | |
| | |
| | | |
| 57,050 | |
| Financials — 14.3% | |
| | | |
| | |
| Aflac | |
| 18 | | |
| 1,956 | |
| Allstate | |
| 10 | | |
| 1,984 | |
| American Express | |
| 21 | | |
| 5,595 | |
| American International Group | |
| 24 | | |
| 1,956 | |
| Ameriprise Financial | |
| 4 | | |
| 1,884 | |
| Aon PLC, Cl A | |
| 8 | | |
| 2,838 | |
| Apollo Global Management | |
| 17 | | |
| 2,320 | |
| Arch Capital Group | |
| 14 | | |
| 1,270 | |
| Arthur J Gallagher | |
| 9 | | |
| 2,886 | |
| Assurant | |
| 2 | | |
| 385 | |
| Bank of America | |
| 253 | | |
| 10,090 | |
| Bank of New York Mellon | |
| 27 | | |
| 2,171 | |
| Berkshire Hathaway, Cl B * | |
| 70 | | |
| 37,327 | |
| BlackRock Funding | |
| 6 | | |
| 5,486 | |
| Blackstone | |
| 27 | | |
| 3,556 | |
| Brown & Brown | |
| 9 | | |
| 995 | |
| Capital One Financial | |
| 14 | | |
| 2,524 | |
| Cboe Global Markets | |
| 3 | | |
| 665 | |
| Charles Schwab | |
| 65 | | |
| 5,291 | |
| Chubb | |
| 14 | | |
| 4,005 | |
| Cincinnati Financial | |
| 6 | | |
| 835 | |
| Citigroup | |
| 72 | | |
| 4,923 | |
| Citizens Financial Group | |
| 16 | | |
| 590 | |
| CME Group, Cl A | |
| 14 | | |
| 3,879 | |
| Corpay * | |
| 2 | | |
| 651 | |
| Discover Financial Services | |
| 10 | | |
| 1,827 | |
| Erie Indemnity, Cl A | |
| 1 | | |
| 359 | |
| Everest Group | |
| 2 | | |
| 718 | |
| FactSet Research Systems | |
| 1 | | |
| 432 | |
| Fidelity National Information Services | |
| 20 | | |
| 1,578 | |
| Fifth Third Bancorp | |
| 24 | | |
| 863 | |
The accompanying notes are an integral
part of the financial statements.
110
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Fiserv * | |
| 22 | | |
$ | 4,061 | |
| Franklin Resources | |
| 10 | | |
| 188 | |
| Global Payments | |
| 10 | | |
| 763 | |
| Globe Life | |
| 3 | | |
| 370 | |
| Goldman Sachs Group | |
| 12 | | |
| 6,571 | |
| Hartford Financial Services Group | |
| 10 | | |
| 1,227 | |
| Huntington Bancshares | |
| 53 | | |
| 770 | |
| Intercontinental Exchange | |
| 22 | | |
| 3,695 | |
| Invesco | |
| 17 | | |
| 237 | |
| Jack Henry & Associates | |
| 3 | | |
| 520 | |
| JPMorgan Chase | |
| 106 | | |
| 25,930 | |
| KeyCorp | |
| 36 | | |
| 534 | |
| KKR | |
| 25 | | |
| 2,857 | |
| Loews | |
| 6 | | |
| 521 | |
| M&T Bank | |
| 6 | | |
| 1,019 | |
| MarketAxess Holdings | |
| 1 | | |
| 222 | |
| Marsh & McLennan | |
| 18 | | |
| 4,058 | |
| Mastercard, Cl A | |
| 31 | | |
| 16,990 | |
| MetLife | |
| 22 | | |
| 1,658 | |
| Moody’s | |
| 6 | | |
| 2,719 | |
| Morgan Stanley | |
| 47 | | |
| 5,425 | |
| MSCI, Cl A | |
| 3 | | |
| 1,635 | |
| Nasdaq | |
| 17 | | |
| 1,296 | |
| Northern Trust | |
| 8 | | |
| 752 | |
| PayPal Holdings * | |
| 38 | | |
| 2,502 | |
| PNC Financial Services Group | |
| 15 | | |
| 2,410 | |
| Principal Financial Group | |
| 8 | | |
| 593 | |
| Progressive | |
| 22 | | |
| 6,198 | |
| Prudential Financial | |
| 13 | | |
| 1,335 | |
| Raymond James Financial | |
| 8 | | |
| 1,096 | |
| Regions Financial | |
| 33 | | |
| 674 | |
| S&P Global | |
| 12 | | |
| 6,001 | |
| State Street | |
| 10 | | |
| 881 | |
| Synchrony Financial | |
| 14 | | |
| 727 | |
| T Rowe Price Group | |
| 8 | | |
| 708 | |
| Travelers | |
| 9 | | |
| 2,377 | |
| Truist Financial | |
| 50 | | |
| 1,917 | |
| US Bancorp | |
| 57 | | |
| 2,299 | |
| Visa, Cl A | |
| 65 | | |
| 22,458 | |
The accompanying notes are an integral
part of the financial statements.
111
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| W R Berkley | |
| 11 | | |
$ | 789 | |
| Wells Fargo | |
| 125 | | |
| 8,876 | |
| Willis Towers Watson PLC | |
| 4 | | |
| 1,231 | |
| | |
| | | |
| 258,929 | |
| Health Care — 10.7% | |
| | | |
| | |
| Abbott Laboratories | |
| 65 | | |
| 8,499 | |
| AbbVie | |
| 67 | | |
| 13,072 | |
| Agilent Technologies | |
| 10 | | |
| 1,076 | |
| Align Technology * | |
| 3 | | |
| 520 | |
| Amgen | |
| 20 | | |
| 5,818 | |
| Baxter International | |
| 21 | | |
| 655 | |
| Becton Dickinson | |
| 10 | | |
| 2,071 | |
| Biogen * | |
| 5 | | |
| 605 | |
| Bio-Techne | |
| 7 | | |
| 352 | |
| Boston Scientific * | |
| 56 | | |
| 5,761 | |
| Bristol-Myers Squibb | |
| 77 | | |
| 3,865 | |
| Cardinal Health | |
| 9 | | |
| 1,272 | |
| Cencora | |
| 6 | | |
| 1,756 | |
| Centene * | |
| 18 | | |
| 1,077 | |
| Charles River Laboratories International * | |
| 2 | | |
| 237 | |
| Cigna Group | |
| 10 | | |
| 3,400 | |
| Cooper * | |
| 9 | | |
| 735 | |
| CVS Health | |
| 47 | | |
| 3,135 | |
| Danaher | |
| 23 | | |
| 4,585 | |
| DaVita * | |
| 2 | | |
| 283 | |
| Dexcom * | |
| 15 | | |
| 1,071 | |
| Edwards Lifesciences * | |
| 22 | | |
| 1,661 | |
| Elevance Health | |
| 9 | | |
| 3,785 | |
| Eli Lilly | |
| 30 | | |
| 26,969 | |
| GE HealthCare Technologies | |
| 17 | | |
| 1,196 | |
| Gilead Sciences | |
| 47 | | |
| 5,007 | |
| HCA Healthcare | |
| 7 | | |
| 2,416 | |
| Henry Schein * | |
| 5 | | |
| 325 | |
| Hologic * | |
| 8 | | |
| 466 | |
| Humana | |
| 5 | | |
| 1,311 | |
| IDEXX Laboratories * | |
| 3 | | |
| 1,298 | |
| Incyte * | |
| 7 | | |
| 439 | |
| Insulet * | |
| 3 | | |
| 757 | |
The accompanying notes are an integral
part of the financial statements.
112
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Intuitive Surgical * | |
| 14 | | |
$ | 7,221 | |
| IQVIA Holdings * | |
| 6 | | |
| 930 | |
| Johnson & Johnson | |
| 92 | | |
| 14,381 | |
| Labcorp Holdings | |
| 3 | | |
| 723 | |
| McKesson | |
| 5 | | |
| 3,564 | |
| Medtronic PLC | |
| 49 | | |
| 4,153 | |
| Merck | |
| 96 | | |
| 8,179 | |
| Mettler-Toledo International * | |
| 1 | | |
| 1,071 | |
| Moderna * | |
| 12 | | |
| 342 | |
| Molina Healthcare * | |
| 2 | | |
| 654 | |
| Pfizer | |
| 215 | | |
| 5,248 | |
| Quest Diagnostics | |
| 4 | | |
| 713 | |
| Regeneron Pharmaceuticals | |
| 4 | | |
| 2,395 | |
| ResMed | |
| 5 | | |
| 1,183 | |
| Revvity | |
| 5 | | |
| 467 | |
| Solventum * | |
| 5 | | |
| 331 | |
| STERIS PLC | |
| 4 | | |
| 899 | |
| Stryker | |
| 13 | | |
| 4,861 | |
| Thermo Fisher Scientific | |
| 14 | | |
| 6,006 | |
| UnitedHealth Group | |
| 35 | | |
| 14,400 | |
| Universal Health Services, Cl B | |
| 2 | | |
| 354 | |
| Vertex Pharmaceuticals * | |
| 10 | | |
| 5,095 | |
| Viatris | |
| 48 | | |
| 404 | |
| Waters * | |
| 2 | | |
| 695 | |
| West Pharmaceutical Services | |
| 3 | | |
| 634 | |
| Zimmer Biomet Holdings | |
| 9 | | |
| 927 | |
| Zoetis, Cl A | |
| 17 | | |
| 2,659 | |
| | |
| | | |
| 193,964 | |
| Industrials — 8.5% | |
| | | |
| | |
| 3M | |
| 20 | | |
| 2,778 | |
| A O Smith | |
| 4 | | |
| 271 | |
| Allegion PLC | |
| 3 | | |
| 418 | |
| AMETEK | |
| 9 | | |
| 1,526 | |
| Automatic Data Processing | |
| 16 | | |
| 4,810 | |
| Axon Enterprise * | |
| 3 | | |
| 1,840 | |
| Boeing * | |
| 28 | | |
| 5,131 | |
| Broadridge Financial Solutions | |
| 4 | | |
| 970 | |
| Builders FirstSource * | |
| 5 | | |
| 598 | |
The accompanying notes are an integral
part of the financial statements.
113
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Carrier Global | |
| 30 | | |
$ | 1,876 | |
| Caterpillar | |
| 19 | | |
| 5,876 | |
| CH Robinson Worldwide | |
| 4 | | |
| 357 | |
| Cintas | |
| 13 | | |
| 2,752 | |
| Copart * | |
| 33 | | |
| 2,014 | |
| CSX | |
| 71 | | |
| 1,993 | |
| Cummins | |
| 5 | | |
| 1,469 | |
| Dayforce * | |
| 7 | | |
| 405 | |
| Deere | |
| 10 | | |
| 4,636 | |
| Delta Air Lines | |
| 22 | | |
| 916 | |
| Dover | |
| 6 | | |
| 1,024 | |
| Eaton PLC | |
| 15 | | |
| 4,416 | |
| Emerson Electric | |
| 22 | | |
| 2,312 | |
| Equifax | |
| 5 | | |
| 1,301 | |
| Expeditors International of Washington | |
| 5 | | |
| 550 | |
| Fastenal | |
| 21 | | |
| 1,700 | |
| FedEx | |
| 9 | | |
| 1,893 | |
| Fortive | |
| 13 | | |
| 906 | |
| GE Vernova | |
| 10 | | |
| 3,708 | |
| Generac Holdings * | |
| 3 | | |
| 343 | |
| General Dynamics | |
| 10 | | |
| 2,721 | |
| General Electric | |
| 41 | | |
| 8,263 | |
| Honeywell International | |
| 24 | | |
| 5,052 | |
| Howmet Aerospace | |
| 15 | | |
| 2,079 | |
| Hubbell, Cl B | |
| 2 | | |
| 726 | |
| Huntington Ingalls Industries | |
| 1 | | |
| 230 | |
| IDEX | |
| 3 | | |
| 522 | |
| Illinois Tool Works | |
| 10 | | |
| 2,399 | |
| Ingersoll Rand | |
| 15 | | |
| 1,132 | |
| Jacobs Solutions | |
| 5 | | |
| 619 | |
| JB Hunt Transport Services | |
| 4 | | |
| 522 | |
| Johnson Controls International | |
| 25 | | |
| 2,098 | |
| L3Harris Technologies | |
| 7 | | |
| 1,540 | |
| Leidos Holdings | |
| 6 | | |
| 883 | |
| Lennox International | |
| 1 | | |
| 547 | |
| Lockheed Martin | |
| 8 | | |
| 3,822 | |
| Masco | |
| 7 | | |
| 424 | |
| Nordson | |
| 2 | | |
| 379 | |
| Norfolk Southern | |
| 9 | | |
| 2,016 | |
The accompanying notes are an integral
part of the financial statements.
114
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Northrop Grumman | |
| 5 | | |
$ | 2,433 | |
| Old Dominion Freight Line | |
| 8 | | |
| 1,226 | |
| Otis Worldwide | |
| 15 | | |
| 1,444 | |
| PACCAR | |
| 20 | | |
| 1,804 | |
| Parker-Hannifin | |
| 5 | | |
| 3,025 | |
| Paychex | |
| 12 | | |
| 1,765 | |
| Paycom Software | |
| 2 | | |
| 453 | |
| Pentair PLC | |
| 7 | | |
| 635 | |
| Quanta Services | |
| 5 | | |
| 1,463 | |
| Republic Services, Cl A | |
| 8 | | |
| 2,006 | |
| Rockwell Automation | |
| 4 | | |
| 991 | |
| Rollins | |
| 11 | | |
| 628 | |
| RTX | |
| 51 | | |
| 6,433 | |
| Snap-On | |
| 2 | | |
| 628 | |
| Southwest Airlines | |
| 21 | | |
| 587 | |
| Stanley Black & Decker | |
| 6 | | |
| 360 | |
| Textron | |
| 6 | | |
| 422 | |
| Trane Technologies PLC | |
| 8 | | |
| 3,067 | |
| TransDigm Group | |
| 2 | | |
| 2,826 | |
| Uber Technologies * | |
| 78 | | |
| 6,319 | |
| Union Pacific | |
| 23 | | |
| 4,960 | |
| United Airlines Holdings * | |
| 14 | | |
| 964 | |
| United Parcel Service, Cl B | |
| 28 | | |
| 2,668 | |
| United Rentals | |
| 2 | | |
| 1,263 | |
| Veralto | |
| 9 | | |
| 863 | |
| Verisk Analytics, Cl A | |
| 5 | | |
| 1,482 | |
| Waste Management | |
| 14 | | |
| 3,267 | |
| Westinghouse Air Brake Technologies | |
| 7 | | |
| 1,293 | |
| WW Grainger | |
| 2 | | |
| 2,049 | |
| Xylem | |
| 10 | | |
| 1,206 | |
| | |
| | | |
| 153,293 | |
| Information Technology — 29.5% | |
| | | |
| | |
| Adobe * | |
| 16 | | |
| 6,000 | |
| Advanced Micro Devices * | |
| 62 | | |
| 6,036 | |
| Akamai Technologies * | |
| 7 | | |
| 564 | |
| Amphenol, Cl A | |
| 45 | | |
| 3,463 | |
| Analog Devices | |
| 19 | | |
| 3,704 | |
| ANSYS * | |
| 3 | | |
| 966 | |
The accompanying notes are an integral
part of the financial statements.
115
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
| Shares | | |
| Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Apple | |
| 572 | | |
$ | 121,550 | |
| Applied Materials | |
| 30 | | |
| 4,521 | |
| Arista Networks * | |
| 39 | | |
| 3,209 | |
| Autodesk * | |
| 8 | | |
| 2,194 | |
| Broadcom | |
| 179 | | |
| 34,452 | |
| Cadence Design Systems * | |
| 10 | | |
| 2,977 | |
| CDW | |
| 6 | | |
| 963 | |
| Cisco Systems | |
| 152 | | |
| 8,775 | |
| Cognizant Technology Solutions, Cl A | |
| 18 | | |
| 1,324 | |
| Corning | |
| 29 | | |
| 1,287 | |
| Crowdstrike Holdings, Cl A * | |
| 9 | | |
| 3,860 | |
| Dell Technologies, Cl C | |
| 11 | | |
| 1,009 | |
| Enphase Energy * | |
| 7 | | |
| 312 | |
| EPAM Systems * | |
| 2 | | |
| 314 | |
| F5 * | |
| 2 | | |
| 530 | |
| Fair Isaac * | |
| 1 | | |
| 1,990 | |
| First Solar * | |
| 5 | | |
| 629 | |
| Fortinet * | |
| 24 | | |
| 2,490 | |
| Gartner * | |
| 3 | | |
| 1,263 | |
| Gen Digital | |
| 20 | | |
| 517 | |
| GoDaddy, Cl A * | |
| 6 | | |
| 1,130 | |
| Hewlett Packard Enterprise | |
| 49 | | |
| 795 | |
| HP | |
| 34 | | |
| 869 | |
| Intel | |
| 163 | | |
| 3,276 | |
| International Business Machines | |
| 35 | | |
| 8,464 | |
| Intuit | |
| 11 | | |
| 6,902 | |
| Jabil | |
| 5 | | |
| 733 | |
| Juniper Networks | |
| 12 | | |
| 436 | |
| Keysight Technologies * | |
| 7 | | |
| 1,018 | |
| KLA | |
| 5 | | |
| 3,513 | |
| Lam Research | |
| 49 | | |
| 3,512 | |
| Microchip Technology | |
| 20 | | |
| 922 | |
| Micron Technology | |
| 42 | | |
| 3,232 | |
| Microsoft | |
| 284 | | |
| 112,254 | |
| Monolithic Power Systems | |
| 2 | | |
| 1,186 | |
| Motorola Solutions | |
| 6 | | |
| 2,642 | |
| NetApp | |
| 9 | | |
| 808 | |
| NVIDIA | |
| 932 | | |
| 101,513 | |
| ON Semiconductor * | |
| 16 | | |
| 635 | |
The accompanying notes are an integral
part of the financial statements.
116
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500® Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Oracle | |
| 61 | | |
$ | 8,584 | |
| Palantir Technologies, Cl A * | |
| 78 | | |
| 9,238 | |
| Palo Alto Networks * | |
| 24 | | |
| 4,486 | |
| PTC * | |
| 4 | | |
| 620 | |
| QUALCOMM | |
| 42 | | |
| 6,235 | |
| Roper Technologies | |
| 4 | | |
| 2,240 | |
| Salesforce | |
| 37 | | |
| 9,942 | |
| Seagate Technology Holdings | |
| 10 | | |
| 910 | |
| ServiceNow * | |
| 8 | | |
| 7,640 | |
| Skyworks Solutions | |
| 7 | | |
| 450 | |
| Super Micro Computer * | |
| 21 | | |
| 669 | |
| Synopsys * | |
| 6 | | |
| 2,754 | |
| Teledyne Technologies * | |
| 2 | | |
| 932 | |
| Teradyne | |
| 7 | | |
| 520 | |
| Texas Instruments | |
| 35 | | |
| 5,602 | |
| Trimble * | |
| 11 | | |
| 684 | |
| Tyler Technologies * | |
| 2 | | |
| 1,087 | |
| VeriSign * | |
| 3 | | |
| 846 | |
| Western Digital * | |
| 15 | | |
| 658 | |
| Workday, Cl A * | |
| 8 | | |
| 1,960 | |
| Zebra Technologies, Cl A * | |
| 2 | | |
| 501 | |
| | |
| | | |
| 535,297 | |
| Materials — 2.0% | |
| | | |
| | |
| Air Products & Chemicals | |
| 9 | | |
| 2,440 | |
| Albemarle | |
| 4 | | |
| 234 | |
| Amcor PLC | |
| 60 | | |
| 552 | |
| Avery Dennison | |
| 3 | | |
| 513 | |
| Ball | |
| 10 | | |
| 519 | |
| CF Industries Holdings | |
| 7 | | |
| 549 | |
| Corteva | |
| 25 | | |
| 1,550 | |
| Dow | |
| 25 | | |
| 765 | |
| DuPont de Nemours | |
| 16 | | |
| 1,056 | |
| Eastman Chemical | |
| 5 | | |
| 385 | |
| Ecolab | |
| 10 | | |
| 2,514 | |
| Freeport-McMoRan | |
| 54 | | |
| 1,946 | |
| International Flavors & Fragrances | |
| 9 | | |
| 706 | |
| International Paper | |
| 18 | | |
| 822 | |
| Linde PLC | |
| 18 | | |
| 8,158 | |
The accompanying notes are an integral
part of the financial statements.
117
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| LyondellBasell Industries, Cl A | |
| 9 | | |
$ | 524 | |
| Martin Marietta Materials | |
| 2 | | |
| 1,048 | |
| Mosaic | |
| 11 | | |
| 334 | |
| Newmont | |
| 43 | | |
| 2,265 | |
| Nucor | |
| 9 | | |
| 1,074 | |
| Packaging Corp of America | |
| 3 | | |
| 557 | |
| PPG Industries | |
| 10 | | |
| 1,089 | |
| Sherwin-Williams | |
| 9 | | |
| 3,176 | |
| Smurfit WestRock PLC | |
| 18 | | |
| 756 | |
| Steel Dynamics | |
| 5 | | |
| 649 | |
| Vulcan Materials | |
| 5 | | |
| 1,312 | |
| | |
| | | |
| 35,493 | |
| Real Estate — 2.2% | |
| | | |
| | |
| Alexandria Real Estate Equities ‡ | |
| 7 | | |
| 509 | |
| American Tower ‡ | |
| 17 | | |
| 3,832 | |
| AvalonBay Communities ‡ | |
| 5 | | |
| 1,050 | |
| BXP ‡ | |
| 6 | | |
| 382 | |
| Camden Property Trust ‡ | |
| 3 | | |
| 341 | |
| CBRE Group, Cl A * | |
| 11 | | |
| 1,344 | |
| CoStar Group * | |
| 15 | | |
| 1,113 | |
| Crown Castle ‡ | |
| 17 | | |
| 1,798 | |
| Digital Realty Trust ‡ | |
| 13 | | |
| 2,087 | |
| Equinix ‡ | |
| 4 | | |
| 3,443 | |
| Equity Residential ‡ | |
| 13 | | |
| 913 | |
| Essex Property Trust ‡ | |
| 2 | | |
| 558 | |
| Extra Space Storage ‡ | |
| 8 | | |
| 1,172 | |
| Federal Realty Investment Trust ‡ | |
| 3 | | |
| 282 | |
| Healthpeak Properties ‡ | |
| 29 | | |
| 517 | |
| Host Hotels & Resorts ‡ | |
| 31 | | |
| 438 | |
| Invitation Homes ‡ | |
| 21 | | |
| 718 | |
| Iron Mountain ‡ | |
| 11 | | |
| 986 | |
| Kimco Realty ‡ | |
| 29 | | |
| 579 | |
| Mid-America Apartment Communities ‡ | |
| 4 | | |
| 639 | |
| ProLogis ‡ | |
| 35 | | |
| 3,577 | |
| Public Storage ‡ | |
| 6 | | |
| 1,803 | |
| Realty Income ‡ | |
| 32 | | |
| 1,852 | |
| Regency Centers ‡ | |
| 7 | | |
| 505 | |
| SBA Communications, Cl A ‡ | |
| 5 | | |
| 1,217 | |
The accompanying notes are an integral
part of the financial statements.
118
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Simon Property Group ‡ | |
| 11 | | |
$ | 1,731 | |
| UDR ‡ | |
| 14 | | |
| 586 | |
| Ventas ‡ | |
| 16 | | |
| 1,121 | |
| VICI Properties, Cl A ‡ | |
| 39 | | |
| 1,249 | |
| Welltower ‡ | |
| 23 | | |
| 3,510 | |
| Weyerhaeuser ‡ | |
| 27 | | |
| 700 | |
| | |
| | | |
| 40,552 | |
| Utilities — 2.5% | |
| | | |
| | |
| AES | |
| 26 | | |
| 260 | |
| Alliant Energy | |
| 9 | | |
| 549 | |
| Ameren | |
| 9 | | |
| 893 | |
| American Electric Power | |
| 20 | | |
| 2,167 | |
| American Water Works | |
| 7 | | |
| 1,029 | |
| Atmos Energy | |
| 6 | | |
| 964 | |
| CenterPoint Energy | |
| 24 | | |
| 931 | |
| CMS Energy | |
| 13 | | |
| 957 | |
| Consolidated Edison | |
| 13 | | |
| 1,466 | |
| Constellation Energy | |
| 12 | | |
| 2,681 | |
| Dominion Energy | |
| 31 | | |
| 1,686 | |
| DTE Energy | |
| 8 | | |
| 1,096 | |
| Duke Energy | |
| 29 | | |
| 3,539 | |
| Edison International | |
| 17 | | |
| 910 | |
| Entergy | |
| 16 | | |
| 1,331 | |
| Evergy | |
| 10 | | |
| 691 | |
| Eversource Energy | |
| 13 | | |
| 773 | |
| Exelon | |
| 36 | | |
| 1,688 | |
| FirstEnergy | |
| 19 | | |
| 815 | |
| NextEra Energy | |
| 78 | | |
| 5,217 | |
| NiSource | |
| 16 | | |
| 626 | |
| NRG Energy | |
| 7 | | |
| 767 | |
| PG&E | |
| 81 | | |
| 1,338 | |
| Pinnacle West Capital | |
| 5 | | |
| 476 | |
| PPL | |
| 27 | | |
| 985 | |
| Public Service Enterprise Group | |
| 18 | | |
| 1,439 | |
| Sempra | |
| 24 | | |
| 1,782 | |
| Southern | |
| 41 | | |
| 3,767 | |
| Vistra | |
| 13 | | |
| 1,685 | |
| WEC Energy Group | |
| 14 | | |
| 1,533 | |
The accompanying notes are an integral
part of the financial statements.
119
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500®
Tail Risk ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| Xcel Energy | |
| 21 | | |
$ | 1,485 | |
| | |
| | | |
| 45,526 | |
| TOTAL UNITED STATES | |
| | | |
| 1,782,499 | |
TOTAL COMMON STOCK
(Cost $1,495,304) | |
| | | |
| 1,793,588 | |
| | |
| | | |
| | |
| PURCHASED OPTIONS — 0.9% | |
| | | |
| | |
| (Cost $21,219) | |
| | | |
| 16,698 | |
TOTAL INVESTMENTS — 99.9%
(Cost $1,516,523) | |
| | | |
$ | 1,810,286 | |
Percentages are based on Net Assets of $1,812,975.
A list of exchange traded option contracts held by the Fund
at April 30, 2025, is as follows:
| Description | |
Number of
Contracts | | |
Notional
Amount | | |
Exercise
Price | | |
Expiration
Date | |
Value | |
| PURCHASED OPTIONS — 0.9% | |
| | | |
| | | |
| | | |
| |
| | |
| Put Options | |
| | | |
| | | |
| | | |
| |
| | |
| Mini-SPX Index | |
| 12 | | |
$ | 668,292 | | |
$ | 505 | | |
06/20/25 | |
$ | 6,108 | |
| S&P 500 Index | |
| 2 | | |
| 1,113,812 | | |
| 5,075 | | |
06/20/25 | |
| 10,590 | |
| | |
| | | |
| | | |
| | | |
| |
| | |
| Total Purchased Options | |
| | | |
$ | 1,782,104 | | |
| | | |
| |
$ | 16,698 | |
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
As of April 30, 2025, all of the Fund’s investments were
considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.
See “Glossary”
for abbreviations.
The accompanying notes are an integral part of the financial
statements.
120
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK(A) — 98.1% | |
| | |
| |
| IRELAND — 0.4% | |
| | |
| |
| Information Technology — 0.4% | |
| | |
| |
| Accenture PLC, Cl A | |
| 37 | | |
$ | 11,068 | |
| | |
| | | |
| | |
| JERSEY — 0.0% | |
| | | |
| | |
| Consumer Discretionary — 0.0% | |
| | | |
| | |
| APTIV PLC * | |
| 13 | | |
| 742 | |
| | |
| | | |
| | |
| NETHERLANDS — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| NXP Semiconductors | |
| 15 | | |
| 2,765 | |
| | |
| | | |
| | |
| SWITZERLAND — 0.1% | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| TE Connectivity PLC | |
| 18 | | |
| 2,635 | |
| | |
| | | |
| | |
| UNITED STATES — 97.5% | |
| | | |
| | |
| Communication Serivces — 0.1% | |
| | | |
| | |
| Electronic Arts | |
| 15 | | |
| 2,176 | |
| | |
| | | |
| | |
| Communication Services — 9.0% | |
| | | |
| | |
| Alphabet, Cl A | |
| 343 | | |
| 54,468 | |
| Alphabet, Cl C | |
| 280 | | |
| 45,049 | |
| AT&T | |
| 434 | | |
| 12,022 | |
| Charter Communications, Cl A * | |
| 6 | | |
| 2,351 | |
| Comcast, Cl A | |
| 215 | | |
| 7,353 | |
| Fox, Cl A | |
| 13 | | |
| 647 | |
| Fox, Cl B | |
| 2 | | |
| 92 | |
| Interpublic Group | |
| 25 | | |
| 628 | |
| Live Nation Entertainment * | |
| 10 | | |
| 1,325 | |
| Match Group | |
| 15 | | |
| 445 | |
| Meta Platforms, Cl A | |
| 130 | | |
| 71,370 | |
| Netflix * | |
| 25 | | |
| 28,293 | |
| News, Cl A | |
| 23 | | |
| 624 | |
| News, Cl B | |
| 7 | | |
| 220 | |
| Omnicom Group | |
| 12 | | |
| 914 | |
| Paramount Global, Cl B | |
| 36 | | |
| 423 | |
| Teledyne Technologies * | |
| 3 | | |
| 1,398 | |
The accompanying notes are an integral part
of the financial statements.
121
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| TKO Group Holdings, Cl A | |
| 5 | | |
$ | 815 | |
| T-Mobile US | |
| 29 | | |
| 7,162 | |
| Verizon Communications | |
| 255 | | |
| 11,235 | |
| Walt Disney | |
| 104 | | |
| 9,459 | |
| Warner Bros Discovery * | |
| 135 | | |
| 1,170 | |
| | |
| | | |
| 257,463 | |
| Consumer Discreationary — 0.1% | |
| | | |
| | |
| Garmin | |
| 10 | | |
| 1,869 | |
| | |
| | | |
| | |
| Consumer Discretionary — 10.0% | |
| | | |
| | |
| Airbnb, Cl A * | |
| 26 | | |
| 3,170 | |
| Amazon.com * | |
| 560 | | |
| 103,275 | |
| AutoZone * | |
| 1 | | |
| 3,763 | |
| Best Buy | |
| 11 | | |
| 734 | |
| Booking Holdings | |
| 2 | | |
| 10,198 | |
| Caesars Entertainment * | |
| 13 | | |
| 352 | |
| CarMax * | |
| 11 | | |
| 711 | |
| Carnival * | |
| 64 | | |
| 1,174 | |
| Chipotle Mexican Grill, Cl A * | |
| 80 | | |
| 4,042 | |
| Darden Restaurants | |
| 7 | | |
| 1,404 | |
| Deckers Outdoor * | |
| 10 | | |
| 1,108 | |
| Domino’s Pizza | |
| 2 | | |
| 981 | |
| DoorDash, Cl A * | |
| 21 | | |
| 4,051 | |
| DR Horton | |
| 18 | | |
| 2,274 | |
| eBay | |
| 30 | | |
| 2,045 | |
| Expedia Group | |
| 8 | | |
| 1,255 | |
| Ford Motor | |
| 233 | | |
| 2,332 | |
| General Motors | |
| 61 | | |
| 2,760 | |
| Genuine Parts | |
| 9 | | |
| 1,058 | |
| Hasbro | |
| 2 | | |
| 124 | |
| Hilton Worldwide Holdings | |
| 15 | | |
| 3,382 | |
| Home Depot | |
| 59 | | |
| 21,269 | |
| Las Vegas Sands | |
| 22 | | |
| 807 | |
| Lennar, Cl A | |
| 15 | | |
| 1,629 | |
| LKQ | |
| 13 | | |
| 497 | |
| Lowe’s | |
| 34 | | |
| 7,601 | |
| Lululemon Athletica * | |
| 7 | | |
| 1,895 | |
| Marriott International, Cl A | |
| 14 | | |
| 3,340 | |
The accompanying notes are an integral part
of the financial statements.
122
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| McDonald’s | |
| 43 | | |
$ | 13,745 | |
| MGM Resorts International * | |
| 12 | | |
| 377 | |
| Mohawk Industries * | |
| 2 | | |
| 213 | |
| NIKE, Cl B | |
| 71 | | |
| 4,004 | |
| Norwegian Cruise Line Holdings * | |
| 27 | | |
| 433 | |
| O’Reilly Automotive * | |
| 3 | | |
| 4,246 | |
| Pool | |
| 3 | | |
| 879 | |
| PulteGroup | |
| 12 | | |
| 1,231 | |
| Ralph Lauren, Cl A | |
| 3 | | |
| 675 | |
| Ross Stores | |
| 20 | | |
| 2,780 | |
| Royal Caribbean Cruises | |
| 15 | | |
| 3,224 | |
| Starbucks | |
| 69 | | |
| 5,523 | |
| Tapestry | |
| 14 | | |
| 989 | |
| Tesla * | |
| 166 | | |
| 46,839 | |
| TJX | |
| 68 | | |
| 8,750 | |
| Tractor Supply | |
| 32 | | |
| 1,620 | |
| Ulta Beauty * | |
| 3 | | |
| 1,187 | |
| Williams-Sonoma | |
| 8 | | |
| 1,236 | |
| Wynn Resorts | |
| 6 | | |
| 482 | |
| Yum! Brands | |
| 17 | | |
| 2,557 | |
| | |
| | | |
| 288,221 | |
| Consumer Staples — 6.0% | |
| | | |
| | |
| Altria Group | |
| 101 | | |
| 5,974 | |
| Archer-Daniels-Midland | |
| 20 | | |
| 955 | |
| Brown-Forman, Cl B | |
| 11 | | |
| 383 | |
| Bunge Global | |
| 2 | | |
| 157 | |
| Campbell Soup | |
| 13 | | |
| 474 | |
| Church & Dwight | |
| 15 | | |
| 1,490 | |
| Clorox | |
| 8 | | |
| 1,138 | |
| Coca-Cola | |
| 230 | | |
| 16,686 | |
| Colgate-Palmolive | |
| 49 | | |
| 4,517 | |
| Conagra Brands | |
| 31 | | |
| 766 | |
| Constellation Brands, Cl A | |
| 9 | | |
| 1,688 | |
| Costco Wholesale | |
| 26 | | |
| 25,857 | |
| Dollar General | |
| 12 | | |
| 1,124 | |
| Dollar Tree * | |
| 12 | | |
| 981 | |
| Estee Lauder, Cl A | |
| 12 | | |
| 720 | |
| General Mills | |
| 33 | | |
| 1,872 | |
The accompanying notes are an integral part
of the financial statements.
123
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Hershey | |
| 9 | | |
$ | 1,505 | |
| Hormel Foods | |
| 22 | | |
| 658 | |
| J M Smucker | |
| 7 | | |
| 814 | |
| Kellanova | |
| 17 | | |
| 1,407 | |
| Kenvue | |
| 118 | | |
| 2,785 | |
| Keurig Dr Pepper | |
| 67 | | |
| 2,318 | |
| Kimberly-Clark | |
| 20 | | |
| 2,636 | |
| Kraft Heinz | |
| 54 | | |
| 1,571 | |
| Kroger | |
| 41 | | |
| 2,961 | |
| Lamb Weston Holdings | |
| 10 | | |
| 528 | |
| McCormick | |
| 16 | | |
| 1,227 | |
| Molson Coors Beverage, Cl B | |
| 11 | | |
| 633 | |
| Mondelez International, Cl A | |
| 79 | | |
| 5,382 | |
| Monster Beverage * | |
| 43 | | |
| 2,585 | |
| PepsiCo | |
| 82 | | |
| 11,118 | |
| Philip Morris International | |
| 93 | | |
| 15,936 | |
| Procter & Gamble | |
| 139 | | |
| 22,597 | |
| Sysco | |
| 30 | | |
| 2,142 | |
| Target | |
| 28 | | |
| 2,708 | |
| Tyson Foods, Cl A | |
| 19 | | |
| 1,164 | |
| Walgreens Boots Alliance | |
| 43 | | |
| 472 | |
| Walmart | |
| 258 | | |
| 25,090 | |
| | |
| | | |
| 173,019 | |
| Energy — 3.1% | |
| | | |
| | |
| APA | |
| 17 | | |
| 264 | |
| Baker Hughes, Cl A | |
| 57 | | |
| 2,018 | |
| Chesapeake Energy | |
| 15 | | |
| 1,558 | |
| Chevron | |
| 99 | | |
| 13,470 | |
| ConocoPhillips | |
| 78 | | |
| 6,951 | |
| Coterra Energy | |
| 46 | | |
| 1,130 | |
| Devon Energy | |
| 30 | | |
| 912 | |
| Diamondback Energy | |
| 11 | | |
| 1,452 | |
| EOG Resources | |
| 33 | | |
| 3,641 | |
| EQT | |
| 35 | | |
| 1,730 | |
| Exxon Mobil | |
| 258 | | |
| 27,253 | |
| Halliburton | |
| 57 | | |
| 1,130 | |
| Hess | |
| 17 | | |
| 2,194 | |
| Kinder Morgan | |
| 118 | | |
| 3,103 | |
The accompanying notes are an integral part
of the financial statements.
124
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Energy — continued | |
| | | |
| | |
| Marathon Petroleum | |
| 19 | | |
$ | 2,611 | |
| Occidental Petroleum | |
| 41 | | |
| 1,616 | |
| ONEOK | |
| 38 | | |
| 3,122 | |
| Phillips 66 | |
| 25 | | |
| 2,602 | |
| Schlumberger | |
| 85 | | |
| 2,826 | |
| Targa Resources | |
| 13 | | |
| 2,222 | |
| Texas Pacific Land | |
| 1 | | |
| 1,289 | |
| Valero Energy | |
| 19 | | |
| 2,206 | |
| Williams | |
| 65 | | |
| 3,807 | |
| | |
| | | |
| 89,107 | |
| Financials — 14.2% | |
| | | |
| | |
| Aflac | |
| 30 | | |
| 3,260 | |
| Allstate | |
| 16 | | |
| 3,174 | |
| American Express | |
| 33 | | |
| 8,792 | |
| American International Group | |
| 36 | | |
| 2,935 | |
| Ameriprise Financial | |
| 6 | | |
| 2,826 | |
| Aon PLC, Cl A | |
| 13 | | |
| 4,612 | |
| Apollo Global Management | |
| 27 | | |
| 3,685 | |
| Arch Capital Group | |
| 22 | | |
| 1,995 | |
| Arthur J Gallagher | |
| 15 | | |
| 4,810 | |
| Assurant | |
| 4 | | |
| 771 | |
| Bank of America | |
| 395 | | |
| 15,753 | |
| Bank of New York Mellon | |
| 44 | | |
| 3,538 | |
| Berkshire Hathaway, Cl B * | |
| 109 | | |
| 58,124 | |
| BlackRock Funding | |
| 9 | | |
| 8,228 | |
| Blackstone | |
| 44 | | |
| 5,795 | |
| Brown & Brown | |
| 15 | | |
| 1,659 | |
| Capital One Financial | |
| 23 | | |
| 4,146 | |
| Cboe Global Markets | |
| 7 | | |
| 1,553 | |
| Charles Schwab | |
| 102 | | |
| 8,303 | |
| Chubb | |
| 22 | | |
| 6,294 | |
| Cincinnati Financial | |
| 10 | | |
| 1,392 | |
| Citigroup | |
| 112 | | |
| 7,659 | |
| Citizens Financial Group | |
| 24 | | |
| 885 | |
| CME Group, Cl A | |
| 22 | | |
| 6,096 | |
| Corpay * | |
| 4 | | |
| 1,301 | |
| Discover Financial Services | |
| 15 | | |
| 2,740 | |
| Erie Indemnity, Cl A | |
| 2 | | |
| 717 | |
The accompanying notes are an integral part
of the financial statements.
125
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Everest Group | |
| 3 | | |
$ | 1,077 | |
| FactSet Research Systems | |
| 2 | | |
| 864 | |
| Fidelity National Information Services | |
| 33 | | |
| 2,603 | |
| Fifth Third Bancorp | |
| 32 | | |
| 1,150 | |
| Fiserv * | |
| 34 | | |
| 6,275 | |
| Franklin Resources | |
| 24 | | |
| 450 | |
| Global Payments | |
| 16 | | |
| 1,221 | |
| Globe Life | |
| 6 | | |
| 740 | |
| Goldman Sachs Group | |
| 19 | | |
| 10,403 | |
| Hartford Financial Services Group | |
| 18 | | |
| 2,208 | |
| Huntington Bancshares | |
| 87 | | |
| 1,264 | |
| Intercontinental Exchange | |
| 34 | | |
| 5,711 | |
| Invesco | |
| 24 | | |
| 334 | |
| Jack Henry & Associates | |
| 5 | | |
| 867 | |
| JPMorgan Chase | |
| 166 | | |
| 40,607 | |
| KeyCorp | |
| 56 | | |
| 831 | |
| KKR | |
| 41 | | |
| 4,685 | |
| Loews | |
| 11 | | |
| 955 | |
| M&T Bank | |
| 10 | | |
| 1,698 | |
| MarketAxess Holdings | |
| 3 | | |
| 665 | |
| Marsh & McLennan | |
| 29 | | |
| 6,539 | |
| Mastercard, Cl A | |
| 48 | | |
| 26,307 | |
| MetLife | |
| 34 | | |
| 2,563 | |
| Moody’s | |
| 9 | | |
| 4,078 | |
| Morgan Stanley | |
| 74 | | |
| 8,541 | |
| MSCI, Cl A | |
| 5 | | |
| 2,726 | |
| Nasdaq | |
| 25 | | |
| 1,905 | |
| Northern Trust | |
| 12 | | |
| 1,128 | |
| PayPal Holdings * | |
| 60 | | |
| 3,950 | |
| PNC Financial Services Group | |
| 24 | | |
| 3,857 | |
| Principal Financial Group | |
| 13 | | |
| 964 | |
| Progressive | |
| 35 | | |
| 9,861 | |
| Prudential Financial | |
| 22 | | |
| 2,260 | |
| Raymond James Financial | |
| 11 | | |
| 1,507 | |
| Regions Financial | |
| 55 | | |
| 1,123 | |
| S&P Global | |
| 19 | | |
| 9,501 | |
| State Street | |
| 18 | | |
| 1,586 | |
| Synchrony Financial | |
| 24 | | |
| 1,247 | |
| T Rowe Price Group | |
| 13 | | |
| 1,151 | |
The accompanying notes are an integral part
of the financial statements.
126
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Travelers | |
| 14 | | |
$ | 3,698 | |
| Truist Financial | |
| 80 | | |
| 3,067 | |
| US Bancorp | |
| 94 | | |
| 3,792 | |
| Visa, Cl A | |
| 102 | | |
| 35,241 | |
| W R Berkley | |
| 19 | | |
| 1,362 | |
| Wells Fargo | |
| 194 | | |
| 13,776 | |
| Willis Towers Watson PLC | |
| 6 | | |
| 1,847 | |
| | |
| | | |
| 409,228 | |
| Health Care — 10.6% | |
| | | |
| | |
| Abbott Laboratories | |
| 103 | | |
| 13,467 | |
| AbbVie | |
| 105 | | |
| 20,485 | |
| Agilent Technologies | |
| 18 | | |
| 1,937 | |
| Align Technology * | |
| 5 | | |
| 866 | |
| Amgen | |
| 32 | | |
| 9,309 | |
| Baxter International | |
| 32 | | |
| 997 | |
| Becton Dickinson | |
| 17 | | |
| 3,521 | |
| Biogen * | |
| 9 | | |
| 1,090 | |
| Bio-Techne | |
| 10 | | |
| 504 | |
| Boston Scientific * | |
| 89 | | |
| 9,155 | |
| Bristol-Myers Squibb | |
| 122 | | |
| 6,124 | |
| Cardinal Health | |
| 15 | | |
| 2,119 | |
| Cencora | |
| 11 | | |
| 3,219 | |
| Centene * | |
| 23 | | |
| 1,377 | |
| Charles River Laboratories International * | |
| 4 | | |
| 474 | |
| Cigna Group | |
| 16 | | |
| 5,441 | |
| Cooper * | |
| 11 | | |
| 898 | |
| CVS Health | |
| 76 | | |
| 5,070 | |
| Danaher | |
| 38 | | |
| 7,575 | |
| DaVita * | |
| 3 | | |
| 425 | |
| Dexcom * | |
| 23 | | |
| 1,642 | |
| Edwards Lifesciences * | |
| 34 | | |
| 2,567 | |
| Elevance Health | |
| 14 | | |
| 5,888 | |
| Eli Lilly | |
| 47 | | |
| 42,251 | |
| GE HealthCare Technologies | |
| 28 | | |
| 1,969 | |
| Gilead Sciences | |
| 70 | | |
| 7,458 | |
| HCA Healthcare | |
| 11 | | |
| 3,796 | |
| Henry Schein * | |
| 9 | | |
| 585 | |
| Hologic * | |
| 12 | | |
| 698 | |
The accompanying notes are an integral part
of the financial statements.
127
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Humana | |
| 7 | | |
$ | 1,836 | |
| IDEXX Laboratories * | |
| 5 | | |
| 2,163 | |
| Incyte * | |
| 10 | | |
| 627 | |
| Insulet * | |
| 5 | | |
| 1,261 | |
| Intuitive Surgical * | |
| 21 | | |
| 10,832 | |
| IQVIA Holdings * | |
| 11 | | |
| 1,706 | |
| Johnson & Johnson | |
| 143 | | |
| 22,352 | |
| Labcorp Holdings | |
| 5 | | |
| 1,205 | |
| McKesson | |
| 8 | | |
| 5,702 | |
| Medtronic PLC | |
| 77 | | |
| 6,527 | |
| Merck | |
| 146 | | |
| 12,439 | |
| Mettler-Toledo International * | |
| 1 | | |
| 1,071 | |
| Moderna * | |
| 23 | | |
| 656 | |
| Molina Healthcare * | |
| 4 | | |
| 1,308 | |
| Pfizer | |
| 343 | | |
| 8,373 | |
| Quest Diagnostics | |
| 7 | | |
| 1,248 | |
| Regeneron Pharmaceuticals | |
| 6 | | |
| 3,593 | |
| ResMed | |
| 9 | | |
| 2,129 | |
| Revvity | |
| 8 | | |
| 747 | |
| Solventum * | |
| 8 | | |
| 529 | |
| STERIS PLC | |
| 6 | | |
| 1,348 | |
| Stryker | |
| 21 | | |
| 7,852 | |
| Thermo Fisher Scientific | |
| 23 | | |
| 9,867 | |
| UnitedHealth Group | |
| 55 | | |
| 22,629 | |
| Universal Health Services, Cl B | |
| 4 | | |
| 708 | |
| Vertex Pharmaceuticals * | |
| 15 | | |
| 7,643 | |
| Viatris | |
| 92 | | |
| 775 | |
| Waters * | |
| 4 | | |
| 1,391 | |
| West Pharmaceutical Services | |
| 5 | | |
| 1,056 | |
| Zimmer Biomet Holdings | |
| 12 | | |
| 1,237 | |
| Zoetis, Cl A | |
| 27 | | |
| 4,223 | |
| | |
| | | |
| 305,940 | |
| Industrials — 8.5% | |
| | | |
| | |
| 3M | |
| 33 | | |
| 4,584 | |
| A O Smith | |
| 8 | | |
| 543 | |
| Allegion PLC | |
| 6 | | |
| 835 | |
| AMETEK | |
| 14 | | |
| 2,374 | |
| Automatic Data Processing | |
| 24 | | |
| 7,214 | |
The accompanying notes are an integral part
of the financial statements.
128
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Axon Enterprise * | |
| 4 | | |
$ | 2,453 | |
| Boeing * | |
| 45 | | |
| 8,246 | |
| Broadridge Financial Solutions | |
| 7 | | |
| 1,697 | |
| Builders FirstSource * | |
| 8 | | |
| 957 | |
| Carrier Global | |
| 49 | | |
| 3,064 | |
| Caterpillar | |
| 29 | | |
| 8,969 | |
| CH Robinson Worldwide | |
| 8 | | |
| 714 | |
| Cintas | |
| 21 | | |
| 4,445 | |
| Copart * | |
| 54 | | |
| 3,296 | |
| CSX | |
| 117 | | |
| 3,284 | |
| Cummins | |
| 8 | | |
| 2,351 | |
| Dayforce * | |
| 9 | | |
| 521 | |
| Deere | |
| 15 | | |
| 6,953 | |
| Delta Air Lines | |
| 40 | | |
| 1,665 | |
| Dover | |
| 9 | | |
| 1,536 | |
| Eaton PLC | |
| 24 | | |
| 7,065 | |
| Emerson Electric | |
| 34 | | |
| 3,574 | |
| Equifax | |
| 8 | | |
| 2,081 | |
| Expeditors International of Washington | |
| 9 | | |
| 989 | |
| Fastenal | |
| 34 | | |
| 2,753 | |
| FedEx | |
| 14 | | |
| 2,945 | |
| Fortive | |
| 21 | | |
| 1,464 | |
| GE Vernova | |
| 17 | | |
| 6,304 | |
| Generac Holdings * | |
| 4 | | |
| 458 | |
| General Dynamics | |
| 15 | | |
| 4,082 | |
| General Electric | |
| 64 | | |
| 12,899 | |
| Honeywell International | |
| 39 | | |
| 8,210 | |
| Howmet Aerospace | |
| 23 | | |
| 3,187 | |
| Hubbell, Cl B | |
| 3 | | |
| 1,090 | |
| Huntington Ingalls Industries | |
| 3 | | |
| 691 | |
| IDEX | |
| 5 | | |
| 870 | |
| Illinois Tool Works | |
| 16 | | |
| 3,839 | |
| Ingersoll Rand | |
| 23 | | |
| 1,735 | |
| Jacobs Solutions | |
| 8 | | |
| 990 | |
| JB Hunt Transport Services | |
| 5 | | |
| 653 | |
| Johnson Controls International | |
| 40 | | |
| 3,356 | |
| L3Harris Technologies | |
| 11 | | |
| 2,420 | |
| Lennox International | |
| 2 | | |
| 1,094 | |
| Lockheed Martin | |
| 13 | | |
| 6,211 | |
The accompanying notes are an integral part
of the financial statements.
129
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Masco | |
| 12 | | |
$ | 727 | |
| Nordson | |
| 4 | | |
| 758 | |
| Norfolk Southern | |
| 14 | | |
| 3,137 | |
| Northrop Grumman | |
| 8 | | |
| 3,892 | |
| Old Dominion Freight Line | |
| 11 | | |
| 1,686 | |
| Otis Worldwide | |
| 24 | | |
| 2,310 | |
| PACCAR | |
| 32 | | |
| 2,887 | |
| Parker-Hannifin | |
| 8 | | |
| 4,840 | |
| Paychex | |
| 20 | | |
| 2,942 | |
| Paycom Software | |
| 3 | | |
| 679 | |
| Pentair PLC | |
| 10 | | |
| 907 | |
| Quanta Services | |
| 9 | | |
| 2,634 | |
| Republic Services, Cl A | |
| 12 | | |
| 3,009 | |
| Rockwell Automation | |
| 7 | | |
| 1,734 | |
| Rollins | |
| 18 | | |
| 1,028 | |
| RTX | |
| 80 | | |
| 10,090 | |
| Snap-On | |
| 3 | | |
| 941 | |
| Southwest Airlines | |
| 35 | | |
| 979 | |
| Stanley Black & Decker | |
| 9 | | |
| 540 | |
| Textron | |
| 11 | | |
| 774 | |
| Trane Technologies PLC | |
| 14 | | |
| 5,366 | |
| TransDigm Group | |
| 3 | | |
| 4,239 | |
| Uber Technologies * | |
| 125 | | |
| 10,126 | |
| Union Pacific | |
| 36 | | |
| 7,764 | |
| United Airlines Holdings * | |
| 20 | | |
| 1,376 | |
| United Parcel Service, Cl B | |
| 44 | | |
| 4,193 | |
| United Rentals | |
| 4 | | |
| 2,526 | |
| Veralto | |
| 15 | | |
| 1,439 | |
| Verisk Analytics, Cl A | |
| 9 | | |
| 2,668 | |
| Waste Management | |
| 22 | | |
| 5,134 | |
| Westinghouse Air Brake Technologies | |
| 10 | | |
| 1,847 | |
| WW Grainger | |
| 3 | | |
| 3,073 | |
| Xylem | |
| 15 | | |
| 1,809 | |
| | |
| | | |
| 242,715 | |
| Information Technology — 29.2% | |
| | | |
| | |
| Adobe * | |
| 26 | | |
| 9,749 | |
| Advanced Micro Devices * | |
| 93 | | |
| 9,053 | |
| Akamai Technologies * | |
| 10 | | |
| 806 | |
The accompanying notes are an integral part
of the financial statements.
130
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Amphenol, Cl A | |
| 73 | | |
$ | 5,617 | |
| Analog Devices | |
| 30 | | |
| 5,848 | |
| ANSYS * | |
| 5 | | |
| 1,609 | |
| Apple | |
| 892 | | |
| 189,550 | |
| Applied Materials | |
| 49 | | |
| 7,385 | |
| Arista Networks * | |
| 62 | | |
| 5,101 | |
| Autodesk * | |
| 13 | | |
| 3,565 | |
| Broadcom | |
| 278 | | |
| 53,507 | |
| Cadence Design Systems * | |
| 17 | | |
| 5,062 | |
| CDW | |
| 8 | | |
| 1,284 | |
| Cisco Systems | |
| 231 | | |
| 13,336 | |
| Cognizant Technology Solutions, Cl A | |
| 31 | | |
| 2,281 | |
| Corning | |
| 45 | | |
| 1,997 | |
| Crowdstrike Holdings, Cl A * | |
| 15 | | |
| 6,433 | |
| Dell Technologies, Cl C | |
| 19 | | |
| 1,743 | |
| Enphase Energy * | |
| 2 | | |
| 89 | |
| EPAM Systems * | |
| 4 | | |
| 628 | |
| F5 * | |
| 4 | | |
| 1,059 | |
| Fair Isaac * | |
| 1 | | |
| 1,990 | |
| First Solar * | |
| 7 | | |
| 881 | |
| Fortinet * | |
| 39 | | |
| 4,047 | |
| Gartner * | |
| 5 | | |
| 2,105 | |
| Gen Digital | |
| 34 | | |
| 880 | |
| GoDaddy, Cl A * | |
| 9 | | |
| 1,695 | |
| Hewlett Packard Enterprise | |
| 77 | | |
| 1,249 | |
| HP | |
| 59 | | |
| 1,509 | |
| Intel | |
| 262 | | |
| 5,266 | |
| International Business Machines | |
| 55 | | |
| 13,300 | |
| Intuit | |
| 17 | | |
| 10,667 | |
| Jabil | |
| 7 | | |
| 1,026 | |
| Juniper Networks | |
| 22 | | |
| 799 | |
| Keysight Technologies * | |
| 11 | | |
| 1,599 | |
| KLA | |
| 8 | | |
| 5,621 | |
| Lam Research | |
| 77 | | |
| 5,519 | |
| Leidos Holdings | |
| 8 | | |
| 1,177 | |
| Microchip Technology | |
| 33 | | |
| 1,521 | |
| Micron Technology | |
| 67 | | |
| 5,156 | |
| Microsoft | |
| 443 | | |
| 175,100 | |
| Monolithic Power Systems | |
| 3 | | |
| 1,779 | |
The accompanying notes are an integral part
of the financial statements.
131
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Motorola Solutions | |
| 10 | | |
$ | 4,404 | |
| NetApp | |
| 12 | | |
| 1,077 | |
| NVIDIA | |
| 1,457 | | |
| 158,696 | |
| ON Semiconductor * | |
| 26 | | |
| 1,032 | |
| Oracle | |
| 97 | | |
| 13,650 | |
| Palantir Technologies, Cl A * | |
| 124 | | |
| 14,686 | |
| Palo Alto Networks * | |
| 40 | | |
| 7,477 | |
| PTC * | |
| 8 | | |
| 1,240 | |
| QUALCOMM | |
| 67 | | |
| 9,947 | |
| Roper Technologies | |
| 7 | | |
| 3,921 | |
| Salesforce | |
| 57 | | |
| 15,316 | |
| Seagate Technology Holdings | |
| 13 | | |
| 1,183 | |
| ServiceNow * | |
| 12 | | |
| 11,460 | |
| Skyworks Solutions | |
| 10 | | |
| 643 | |
| Super Micro Computer * | |
| 30 | | |
| 956 | |
| Synopsys * | |
| 9 | | |
| 4,131 | |
| Take-Two Interactive Software * | |
| 10 | | |
| 2,333 | |
| Teradyne | |
| 10 | | |
| 742 | |
| Texas Instruments | |
| 55 | | |
| 8,803 | |
| Trimble * | |
| 15 | | |
| 932 | |
| Tyler Technologies * | |
| 3 | | |
| 1,630 | |
| VeriSign * | |
| 5 | | |
| 1,411 | |
| Western Digital * | |
| 21 | | |
| 921 | |
| Workday, Cl A * | |
| 13 | | |
| 3,185 | |
| Zebra Technologies, Cl A * | |
| 3 | | |
| 751 | |
| | |
| | | |
| 839,115 | |
| Materials — 1.9% | |
| | | |
| | |
| Air Products & Chemicals | |
| 13 | | |
| 3,524 | |
| Albemarle | |
| 8 | | |
| 468 | |
| Amcor PLC | |
| 90 | | |
| 828 | |
| Avery Dennison | |
| 5 | | |
| 856 | |
| Ball | |
| 10 | | |
| 519 | |
| CF Industries Holdings | |
| 11 | | |
| 862 | |
| Corteva | |
| 35 | | |
| 2,170 | |
| Dow | |
| 43 | | |
| 1,315 | |
| DuPont de Nemours | |
| 24 | | |
| 1,584 | |
| Eastman Chemical | |
| 8 | | |
| 616 | |
| Ecolab | |
| 15 | | |
| 3,772 | |
The accompanying notes are an integral part
of the financial statements.
132
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| Freeport-McMoRan | |
| 87 | | |
$ | 3,135 | |
| International Flavors & Fragrances | |
| 14 | | |
| 1,098 | |
| International Paper | |
| 30 | | |
| 1,370 | |
| Linde PLC | |
| 28 | | |
| 12,690 | |
| LyondellBasell Industries, Cl A | |
| 14 | | |
| 815 | |
| Martin Marietta Materials | |
| 4 | | |
| 2,096 | |
| Mosaic | |
| 20 | | |
| 608 | |
| Newmont | |
| 69 | | |
| 3,635 | |
| Nucor | |
| 14 | | |
| 1,671 | |
| Packaging Corp of America | |
| 6 | | |
| 1,114 | |
| PPG Industries | |
| 14 | | |
| 1,524 | |
| Sherwin-Williams | |
| 14 | | |
| 4,941 | |
| Smurfit WestRock | |
| 30 | | |
| 1,261 | |
| Steel Dynamics | |
| 9 | | |
| 1,167 | |
| Vulcan Materials | |
| 8 | | |
| 2,099 | |
| | |
| | | |
| 55,738 | |
| Real Estate — 2.3% | |
| | | |
| | |
| Alexandria Real Estate Equities ‡ | |
| 10 | | |
| 727 | |
| American Tower ‡ | |
| 28 | | |
| 6,311 | |
| AvalonBay Communities ‡ | |
| 9 | | |
| 1,890 | |
| BXP ‡ | |
| 10 | | |
| 637 | |
| Camden Property Trust ‡ | |
| 7 | | |
| 797 | |
| CBRE Group, Cl A * | |
| 20 | | |
| 2,444 | |
| CoStar Group * | |
| 23 | | |
| 1,706 | |
| Crown Castle ‡ | |
| 27 | | |
| 2,856 | |
| Digital Realty Trust ‡ | |
| 19 | | |
| 3,050 | |
| Equinix ‡ | |
| 6 | | |
| 5,164 | |
| Equity Residential ‡ | |
| 22 | | |
| 1,546 | |
| Essex Property Trust ‡ | |
| 4 | | |
| 1,117 | |
| Extra Space Storage ‡ | |
| 12 | | |
| 1,758 | |
| Federal Realty Investment Trust ‡ | |
| 6 | | |
| 564 | |
| Healthpeak Properties ‡ | |
| 41 | | |
| 731 | |
| Host Hotels & Resorts ‡ | |
| 44 | | |
| 621 | |
| Invitation Homes ‡ | |
| 35 | | |
| 1,197 | |
| Iron Mountain ‡ | |
| 18 | | |
| 1,614 | |
| Kimco Realty ‡ | |
| 44 | | |
| 879 | |
| Mid-America Apartment Communities ‡ | |
| 8 | | |
| 1,277 | |
| ProLogis ‡ | |
| 56 | | |
| 5,723 | |
The accompanying notes are an integral part
of the financial statements.
133
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Public Storage ‡ | |
| 10 | | |
$ | 3,004 | |
| Realty Income ‡ | |
| 53 | | |
| 3,067 | |
| Regency Centers ‡ | |
| 10 | | |
| 722 | |
| SBA Communications, Cl A ‡ | |
| 7 | | |
| 1,704 | |
| Simon Property Group ‡ | |
| 19 | | |
| 2,990 | |
| UDR ‡ | |
| 18 | | |
| 754 | |
| Ventas ‡ | |
| 25 | | |
| 1,752 | |
| VICI Properties, Cl A ‡ | |
| 64 | | |
| 2,049 | |
| Welltower ‡ | |
| 36 | | |
| 5,493 | |
| Weyerhaeuser ‡ | |
| 44 | | |
| 1,140 | |
| | |
| | | |
| 65,284 | |
| Utilities — 2.5% | |
| | | |
| | |
| AES | |
| 43 | | |
| 430 | |
| Alliant Energy | |
| 13 | | |
| 794 | |
| Ameren | |
| 17 | | |
| 1,687 | |
| American Electric Power | |
| 32 | | |
| 3,467 | |
| American Water Works | |
| 11 | | |
| 1,617 | |
| Atmos Energy | |
| 10 | | |
| 1,606 | |
| CenterPoint Energy | |
| 41 | | |
| 1,590 | |
| CMS Energy | |
| 19 | | |
| 1,399 | |
| Consolidated Edison | |
| 21 | | |
| 2,368 | |
| Constellation Energy | |
| 19 | | |
| 4,245 | |
| Dominion Energy | |
| 51 | | |
| 2,773 | |
| DTE Energy | |
| 12 | | |
| 1,644 | |
| Duke Energy | |
| 45 | | |
| 5,491 | |
| Edison International | |
| 23 | | |
| 1,231 | |
| Entergy | |
| 24 | | |
| 1,996 | |
| Evergy | |
| 12 | | |
| 829 | |
| Eversource Energy | |
| 22 | | |
| 1,309 | |
| Exelon | |
| 62 | | |
| 2,908 | |
| FirstEnergy | |
| 33 | | |
| 1,415 | |
| NextEra Energy | |
| 124 | | |
| 8,293 | |
| NiSource | |
| 28 | | |
| 1,095 | |
| NRG Energy | |
| 12 | | |
| 1,315 | |
| PG&E | |
| 132 | | |
| 2,181 | |
| Pinnacle West Capital | |
| 8 | | |
| 761 | |
| PPL | |
| 45 | | |
| 1,643 | |
| Public Service Enterprise Group | |
| 31 | | |
| 2,478 | |
The accompanying notes are an integral part
of the financial statements.
134
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| Sempra | |
| 38 | | |
$ | 2,822 | |
| Southern | |
| 66 | | |
| 6,065 | |
| Vistra | |
| 21 | | |
| 2,722 | |
| WEC Energy Group | |
| 20 | | |
| 2,190 | |
| Xcel Energy | |
| 35 | | |
| 2,475 | |
| | |
| | | |
| 72,839 | |
| TOTAL UNITED STATES | |
| | | |
| 2,802,714 | |
TOTAL COMMON STOCK
(Cost $2,977,026) | |
| | | |
| 2,819,924 | |
| | |
| | | |
| | |
| PURCHASED OPTIONS — 1.9% | |
| | | |
| | |
| (Cost $45,940) | |
| | | |
| 52,625 | |
TOTAL INVESTMENTS — 100.0%
(Cost $3,022,966) | |
| | | |
$ | 2,872,549 | |
| | |
| | | |
| | |
| WRITTEN OPTIONS — (0.1)% | |
| | | |
| | |
| (Premiums Received $(6,831)) | |
| | | |
$ | (2,200 | ) |
Percentages are based on Net Assets of $2,873,936.
The accompanying notes are an integral part of the financial statements.
135
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global
X S&P 500® Collar 95-110 ETF |
A list of exchange traded option contracts held by the Fund at
April 30, 2025, is as follows:
| Description | |
Number of
Contracts | |
Notional
Amount | | |
Exercise
Price | | |
Expiration
Date | |
Value | |
| PURCHASED OPTIONS — 1.9% | |
| | | |
| | | |
| |
|
|
| | |
| Put Options | |
| |
| | | |
| | | |
| |
| | |
| S&P 500 Index | |
5 | |
$ | 2,784,530 | | |
$ | 5,360 | | |
06/20/25 | |
$ | 52,625 | |
| | |
| |
| | | |
| | | |
| |
| | |
| WRITTEN OPTIONS — (0.1)% | |
| | | |
| | | |
| |
|
|
| | |
| Call Options | |
| |
| | | |
| | | |
| |
| | |
| S&P 500 Index | |
(5) | |
$ | (2,784,530 | ) | |
$ | 6,210 | | |
06/20/25 | |
$ | (2,200 | ) |
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
All or a portion of these securities have been segregated as collateral for options contracts. The Fair Value of the securities
pledged as collateral is $2,819,924. |
The following is a summary of the level of inputs used as of
April 30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | |
|
Level 2 |
| |
|
Level 3 |
| |
Total |
| Common Stock | |
$ | 2,819,924 | | |
$ | — | | |
$ | — | | |
$ | 2,819,924 | |
| Purchased Options | |
| 52,625 | | |
| — | | |
| — | | |
| 52,625 | |
| Total Investments in Securities | |
$ | 2,872,549 | | |
$ | — | | |
$ | — | | |
$ | 2,872,549 | |
| | |
| | | |
| | | |
| | | |
| | |
| Other Financial Instruments | |
| Level
1 | | |
| Level
2 | | |
| Level
3 | | |
| Total | |
| Written Options | |
$ | (2,200 | ) | |
$ | — | | |
$ | — | | |
$ | (2,200 | ) |
| Total Other Financial Instruments | |
$ | (2,200 | ) | |
$ | — | | |
$ | — | | |
$ | (2,200 | ) |
Amounts designated as “—” are $0 or have been
rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
136
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Disruptive Materials ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK —
99.6% | |
| | | |
| | |
| AUSTRALIA — 11.5% | |
| | | |
| | |
| Materials — 11.5% | |
| | | |
| | |
| IGO | |
| 15,400 | | |
$ | 38,627 | |
| Lynas Rare Earths
* | |
| 21,433 | | |
| 117,665 | |
| Pilbara Minerals
* | |
| 76,447 | | |
| 73,616 | |
| Rio
Tinto | |
| 2,210 | | |
| 131,271 | |
| | |
| | | |
| | |
| TOTAL AUSTRALIA | |
| | | |
| 361,179 | |
| CANADA — 2.8% | |
| | | |
| | |
| Materials — 2.8% | |
| | | |
| | |
| HudBay Minerals | |
| 10,259 | | |
| 74,493 | |
| Lithium
Americas * | |
| 4,764 | | |
| 13,658 | |
| | |
| | | |
| | |
| TOTAL
CANADA | |
| | | |
| 88,151 | |
| CHILE — 3.9% | |
| | | |
| | |
| Materials — 3.9% | |
| | | |
| | |
| Antofagasta
PLC | |
| 5,599 | | |
| 122,125 | |
| | |
| | | |
| | |
| CHINA — 33.2% | |
| | | |
| | |
| Industrials — 13.4% | |
| | | |
| | |
| Eve Energy,
Cl A | |
| 19,800 | | |
| 111,833 | |
| Fangda Carbon
New Material, Cl A | |
| 64,500 | | |
| 40,971 | |
| GEM, Cl A
| |
| 119,400 | | |
| 100,468 | |
| Guizhou Zhenhua
E-chem, Cl A | |
| 7,048 | | |
| 11,028 | |
| XTC New Energy
Materials Xiamen, Cl A | |
| 4,065 | | |
| 26,520 | |
| Zhejiang
Huayou Cobalt, Cl A | |
| 27,530 | | |
| 128,240 | |
| | |
| | | |
| 419,060 | |
| Materials — 19.8% | |
| | | |
| | |
| China Northern
Rare Earth Group High-Tech, Cl A | |
| 43,100 | | |
| 138,013 | |
| China Rare Earth
Resources And Technology, Cl A | |
| 15,000 | | |
| 64,387 | |
| Hunan Changyuan
Lico, Cl A * | |
| 20,279 | | |
| 13,077 | |
| Jiangxi Black
Cat Carbon Black, Cl A * | |
| 10,200 | | |
| 15,469 | |
| MMG * | |
| 102,620 | | |
| 31,231 | |
| Nanjing Hanrui
Cobalt, Cl A | |
| 5,500 | | |
| 23,956 | |
| Shenghe Resources
Holding, Cl A | |
| 29,300 | | |
| 42,621 | |
| Sinomine Resource
Group, Cl A | |
| 15,300 | | |
| 61,299 | |
The accompanying notes are an integral part
of the financial statements.
137
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Disruptive Materials ETF |
| | |
Shares | | |
Value | |
| COMMON
STOCK — continued | |
| | | |
| | |
| Materials —
continued | |
| | | |
| | |
| Weihai
Guangwei Composites, Cl A | |
| 12,160 | | |
$ | 48,585 | |
| Western Mining,
Cl A | |
| 40,600 | | |
| 85,853 | |
| Xiangtan Electrochemical
Scientific, Cl A | |
| 10,100 | | |
| 13,651 | |
| Youngy, Cl A | |
| 4,900 | | |
| 18,311 | |
| Yunnan Chihong
Zinc&Germanium, Cl A | |
| 76,700 | | |
| 53,572 | |
| Zhongfu
Shenying Carbon Fiber, Cl A | |
| 3,411 | | |
| 9,445 | |
| | |
| | | |
| 619,470 | |
| TOTAL
CHINA | |
| | | |
| 1,038,530 | |
| FRANCE — 0.8% | |
| | | |
| | |
| Industrials — 0.4% | |
| | | |
| | |
| Mersen | |
| 553 | | |
| 11,843 | |
| | |
| | | |
| | |
| Materials — 0.4% | |
| | | |
| | |
| Eramet | |
| 224 | | |
| 12,375 | |
| | |
| | | |
| | |
| TOTAL
FRANCE | |
| | | |
| 24,218 | |
| INDONESIA — 0.5% | |
| | | |
| | |
| Materials — 0.5% | |
| | | |
| | |
| Nickel
Industries | |
| 44,837 | | |
| 16,209 | |
| | |
| | | |
| | |
| JAPAN — 6.0% | |
| | | |
| | |
| Basic Materials
— 0.3% | |
| | | |
| | |
| Pacific
Metals | |
| 824 | | |
| 9,988 | |
| | |
| | | |
| | |
| Industrials — 0.4% | |
| | | |
| | |
| Nippon
Carbon | |
| 380 | | |
| 11,149 | |
| | |
| | | |
| | |
| Materials — 5.3% | |
| | | |
| | |
| Sumitomo Metal
Mining | |
| 6,073 | | |
| 135,434 | |
| Tokai
Carbon | |
| 4,878 | | |
| 31,438 | |
| | |
| | | |
| 166,872 | |
| TOTAL
JAPAN | |
| | | |
| 188,009 | |
| MEXICO — 8.3% | |
| | | |
| | |
| Materials — 8.3% | |
| | | |
| | |
| Grupo Mexico,
Cl B | |
| 25,900 | | |
| 134,826 | |
The accompanying notes are an integral part
of the financial statements.
138
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Disruptive Materials ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| Southern Copper | |
| 1,414 | | |
$ | 126,581 | |
| | |
| | | |
| | |
| TOTAL MEXICO | |
| | | |
| 261,407 | |
| SOUTH AFRICA — 15.7% | |
| | | |
| | |
| Materials — 15.7% | |
| | | |
| | |
| African Rainbow Minerals | |
| 2,716 | | |
| 22,648 | |
| Anglo American Platinum | |
| 2,299 | | |
| 78,979 | |
| Anglo American PLC | |
| 4,584 | | |
| 124,233 | |
| Impala Platinum Holdings * | |
| 19,896 | | |
| 118,555 | |
| Northam Platinum Holdings | |
| 9,248 | | |
| 61,891 | |
| Sibanye Stillwater * | |
| 73,496 | | |
| 84,926 | |
| | |
| | | |
| | |
| TOTAL SOUTH AFRICA | |
| | | |
| 491,232 | |
| SWEDEN — 3.8% | |
| | | |
| | |
| Materials — 3.8% | |
| | | |
| | |
| Boliden * | |
| 3,920 | | |
| 120,345 | |
| | |
| | | |
| | |
| UNITED STATES — 13.1% | |
| | | |
| | |
| Industrials — 3.4% | |
| | | |
| | |
| GrafTech International * | |
| 9,862 | | |
| 6,242 | |
| Hexcel | |
| 2,078 | | |
| 100,721 | |
| | |
| | | |
| 106,963 | |
| Materials — 9.7% | |
| | | |
| | |
| Albemarle | |
| 1,770 | | |
| 103,634 | |
| Freeport-McMoRan | |
| 3,480 | | |
| 125,384 | |
| MP Materials * | |
| 3,062 | | |
| 74,897 | |
| | |
| | | |
| 303,915 | |
| TOTAL UNITED STATES | |
| | | |
| 410,878 | |
TOTAL COMMON STOCK
(Cost $4,161,675) | |
| | | |
| 3,122,283 | |
TOTAL INVESTMENTS — 99.6%
(Cost $4,161,675) | |
| | | |
$ | 3,122,283 | |
Percentages are based on Net Assets of $3,133,272.
| * | Non-income producing security. |
The accompanying notes are an integral part
of the financial statements.
139
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Disruptive Materials ETF |
As of April 30, 2025, all of the Fund’s
investments were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under
U.S. GAAP.
Amounts designated as “—” are $0 or have been
rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part
of the financial statements.
140
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.8% | |
| | | |
| | |
| ARGENTINA — 0.1% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| Despegar.com * | |
| 43,137 | | |
$ | 839,446 | |
| | |
| | | |
| | |
| AUSTRALIA — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Metals Acquisition, Cl A * | |
| 32,382 | | |
| 291,114 | |
| | |
| | | |
| | |
| AUSTRIA — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Critical Metals * (A) | |
| 4,582 | | |
| 7,377 | |
| | |
| | | |
| | |
| BAHAMAS — 0.1% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| OneSpaWorld Holdings | |
| 61,070 | | |
| 1,019,869 | |
| | |
| | | |
| | |
| BERMUDA — 0.1% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Teekay | |
| 33,601 | | |
| 242,263 | |
| | |
| | | |
| | |
| Financials — 0.1% | |
| | | |
| | |
| Bank of NT Butterfield & Son | |
| 26,863 | | |
| 1,079,356 | |
| Hamilton Insurance Group, Cl B * | |
| 25,186 | | |
| 465,941 | |
| | |
| | | |
| 1,545,297 | |
| Industrials — 0.0% | |
| | | |
| | |
| Himalaya Shipping (A) | |
| 18,023 | | |
| 94,080 | |
| | |
| | | |
| | |
| TOTAL BERMUDA | |
| | | |
| 1,881,640 | |
| BRAZIL — 0.3% | |
| | | |
| | |
| Financials — 0.3% | |
| | | |
| | |
| Pagseguro Digital, Cl A * | |
| 111,652 | | |
| 1,119,869 | |
| StoneCo, Cl A * | |
| 173,831 | | |
| 2,444,064 | |
| | |
| | | |
| | |
| TOTAL BRAZIL | |
| | | |
| 3,563,933 | |
The accompanying notes are an integral
part of the financial statements.
141
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| CAMEROON — 0.2% | |
| | | |
| | |
| Energy — 0.2% | |
| | | |
| | |
| Golar LNG | |
| 60,098 | | |
$ | 2,554,466 | |
| | |
| | | |
| | |
| CANADA — 0.6% | |
| | | |
| | |
| Consumer Staples — 0.0% | |
| | | |
| | |
| SunOpta * | |
| 56,528 | | |
| 244,201 | |
| | |
| | | |
| | |
| Energy — 0.1% | |
| | | |
| | |
| Encore Energy * | |
| 108,945 | | |
| 164,507 | |
| Teekay Tankers, Cl A | |
| 14,571 | | |
| 620,287 | |
| | |
| | | |
| 784,794 | |
| Financials — 0.0% | |
| | | |
| | |
| Kingsway Financial Services * | |
| 7,860 | | |
| 67,989 | |
| | |
| | | |
| | |
| Health Care — 0.1% | |
| | | |
| | |
| Aurinia Pharmaceuticals * | |
| 81,448 | | |
| 671,132 | |
| Fennec Pharmaceuticals * | |
| 14,202 | | |
| 85,780 | |
| | |
| | | |
| 756,912 | |
| Industrials — 0.0% | |
| | | |
| | |
| Brookfield Business, Cl A | |
| 15,758 | | |
| 413,332 | |
| | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| D-Wave Quantum * (A) | |
| 110,498 | | |
| 763,541 | |
| Hut 8 * | |
| 49,145 | | |
| 604,975 | |
| | |
| | | |
| 1,368,516 | |
| Materials — 0.1% | |
| | | |
| | |
| i-80 Gold * | |
| 190,882 | | |
| 117,240 | |
| Novagold Resources * | |
| 148,161 | | |
| 626,721 | |
| SSR Mining * | |
| 123,320 | | |
| 1,312,125 | |
| | |
| | | |
| 2,056,086 | |
| Real Estate — 0.0% | |
| | | |
| | |
| Real Brokerage * | |
| 61,234 | | |
| 270,042 | |
The accompanying notes are an integral
part of the financial statements.
142
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | |
| |
| Utilities — 0.2% | |
| | | |
| | |
| Brookfield Infrastructure, Cl A | |
| 72,871 | | |
$ | 2,728,290 | |
| | |
| | | |
| | |
| TOTAL CANADA | |
| | | |
| 8,690,162 | |
| CAYMAN ISLANDS — 0.0% | |
| | | |
| | |
| Consumer Discretionary — 0.0% | |
| | | |
| | |
| Livewire Group * (A) | |
| 10,984 | | |
| 19,661 | |
| | |
| | | |
| | |
| Financials — 0.0% | |
| | | |
| | |
| Patria Investments, Cl A | |
| 35,179 | | |
| 368,676 | |
| TOTAL CAYMAN ISLANDS | |
| | | |
| 388,337 | |
| CHINA — 0.0% | |
| | | |
| | |
| Information Technology — 0.0% | |
| | | |
| | |
| indie Semiconductor, Cl A * (A) | |
| 100,655 | | |
| 200,304 | |
| | |
| | | |
| | |
| GERMANY — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Orion | |
| 34,655 | | |
| 417,246 | |
| | |
| | | |
| | |
| GHANA — 0.0% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Kosmos Energy * | |
| 284,124 | | |
| 437,551 | |
| | |
| | | |
| | |
| GIBRALTAR — 0.0% | |
| | | |
| | |
| Consumer Staples — 0.0% | |
| | | |
| | |
| Forafric Global * (A) | |
| 3,340 | | |
| 27,421 | |
| | |
| | | |
| | |
| GUERNSEY — 0.1% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| Super Group SGHC | |
| 90,888 | | |
| 738,011 | |
| | |
| | | |
| | |
| HONG KONG — 0.0% | |
| | | |
| | |
| Consumer Discretionary — 0.0% | |
| | | |
| | |
| GigaCloud Technology, Cl A * | |
| 14,264 | | |
| 178,871 | |
The accompanying notes are an integral
part of the financial statements.
143
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| INDIA — 0.1% | |
| | | |
| | |
| Industrials — 0.1% | |
| | | |
| | |
| WNS Holdings * | |
| 26,096 | | |
$ | 1,579,330 | |
| | |
| | | |
| | |
| IRELAND — 0.1% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Ardmore Shipping | |
| 25,602 | | |
| 244,243 | |
| | |
| | | |
| | |
| Health Care — 0.0% | |
| | | |
| | |
| Prothena * | |
| 25,525 | | |
| 234,830 | |
| | |
| | | |
| | |
| Industrials — 0.1% | |
| | | |
| | |
| Cimpress * | |
| 10,265 | | |
| 431,335 | |
| | |
| | | |
| | |
| TOTAL IRELAND | |
| | | |
| 910,408 | |
| ISLE OF MAN — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Lifezone Metals * (A) | |
| 22,231 | | |
| 79,587 | |
| | |
| | | |
| | |
| ISRAEL — 0.1% | |
| | | |
| | |
| Health Care — 0.0% | |
| | | |
| | |
| MediWound * (A) | |
| 5,503 | | |
| 97,431 | |
| Nano-X Imaging * (A) | |
| 32,764 | | |
| 164,803 | |
| | |
| | | |
| 262,234 | |
| Information Technology — 0.1% | |
| | | |
| | |
| Sapiens International | |
| 18,687 | | |
| 511,837 | |
| | |
| | | |
| | |
| TOTAL ISRAEL | |
| | | |
| 774,071 | |
| MALTA — 0.0% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Gambling.com Group * | |
| 9,686 | | |
| 124,659 | |
| | |
| | | |
| | |
| MEXICO — 0.0% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| Borr Drilling | |
| 142,236 | | |
| 241,801 | |
The accompanying notes are an integral
part of the financial statements.
144
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| MONACO — 0.1% | |
| | | |
| | |
| Energy — 0.1% | |
| | | |
| | |
| Scorpio Tankers | |
| 26,978 | | |
$ | 1,016,801 | |
| | |
| | | |
| | |
| Industrials — 0.0% | |
| | | |
| | |
| Costamare | |
| 25,926 | | |
| 241,889 | |
| Safe Bulkers | |
| 36,479 | | |
| 123,664 | |
| | |
| | | |
| 365,553 | |
| TOTAL MONACO | |
| | | |
| 1,382,354 | |
| NORWAY — 0.2% | |
| | | |
| | |
| Energy — 0.1% | |
| | | |
| | |
| FLEX LNG (A) | |
| 18,554 | | |
| 437,689 | |
| Seadrill * | |
| 39,461 | | |
| 810,529 | |
| SFL, Cl B | |
| 78,901 | | |
| 648,566 | |
| | |
| | | |
| 1,896,784 | |
| Industrials — 0.1% | |
| | | |
| | |
| Freyr Battery * (A) | |
| 67,333 | | |
| 81,473 | |
| Golden Ocean Group | |
| 73,881 | | |
| 570,361 | |
| | |
| | | |
| 651,834 | |
| TOTAL NORWAY | |
| | | |
| 2,548,618 | |
| PANAMA — 0.0% | |
| | | |
| | |
| Financials — 0.0% | |
| | | |
| | |
| Banco Latinoamericano de Comercio Exterior | |
| 16,603 | | |
| 635,895 | |
| | |
| | | |
| | |
| PUERTO RICO — 0.3% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Liberty Latin America, Cl A * | |
| 18,853 | | |
| 102,183 | |
| Liberty Latin America, Cl C * | |
| 78,756 | | |
| 433,158 | |
| | |
| | | |
| 535,341 | |
| Financials — 0.3% | |
| | | |
| | |
| EVERTEC | |
| 38,704 | | |
| 1,313,614 | |
| First BanCorp | |
| 98,318 | | |
| 1,930,965 | |
The accompanying notes are an integral
part of the financial statements.
145
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| OFG Bancorp | |
| 27,285 | | |
$ | 1,073,665 | |
| | |
| | | |
| 4,318,244 | |
| TOTAL PUERTO RICO | |
| | | |
| 4,853,585 | |
| SINGAPORE — 0.1% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Grindr * | |
| 14,982 | | |
| 329,154 | |
| | |
| | | |
| | |
| Information Technology — 0.1% | |
| | | |
| | |
| Kulicke & Soffa Industries | |
| 31,755 | | |
| 1,023,464 | |
| | |
| | | |
| | |
| TOTAL SINGAPORE | |
| | | |
| 1,352,618 | |
| SOUTH AFRICA — 0.0% | |
| | | |
| | |
| Materials — 0.0% | |
| | | |
| | |
| Caledonia Mining | |
| 9,825 | | |
| 129,395 | |
| | |
| | | |
| | |
| SOUTH KOREA — 0.0% | |
| | | |
| | |
| Communication Services — 0.0% | |
| | | |
| | |
| Webtoon Entertainment * (A) | |
| 9,127 | | |
| 82,143 | |
| | |
| | | |
| | |
| Health Care — 0.0% | |
| | | |
| | |
| Artiva Biotherapeutics * | |
| 11,579 | | |
| 27,674 | |
| | |
| | | |
| | |
| TOTAL SOUTH KOREA | |
| | | |
| 109,817 | |
| SWEDEN — 0.1% | |
| | | |
| | |
| Financials — 0.1% | |
| | | |
| | |
| SiriusPoint * | |
| 57,161 | | |
| 960,305 | |
| | |
| | | |
| | |
| SWITZERLAND — 0.0% | |
| | | |
| | |
| Health Care — 0.0% | |
| | | |
| | |
| ADC Therapeutics * | |
| 49,056 | | |
| 70,150 | |
| | |
| | | |
| | |
| THAILAND — 0.3% | |
| | | |
| | |
| Energy — 0.0% | |
| | | |
| | |
| BKV * | |
| 8,601 | | |
| 155,936 | |
The accompanying notes are an integral
part of the financial statements.
146
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — 0.3% | |
| | | |
| | |
| Fabrinet * | |
| 22,140 | | |
$ | 4,540,029 | |
| | |
| | | |
| | |
| TOTAL THAILAND | |
| | | |
| 4,695,965 | |
| UNITED KINGDOM — 0.1% | |
| | | |
| | |
| Financials — 0.1% | |
| | | |
| | |
| Fidelis Insurance Holdings | |
| 30,033 | | |
| 491,039 | |
| | |
| | | |
| | |
| Health Care — 0.0% | |
| | | |
| | |
| Zura Bio, Cl A * | |
| 31,092 | | |
| 47,882 | |
| | |
| | | |
| | |
| Industrials — 0.0% | |
| | | |
| | |
| Luxfer Holdings | |
| 15,966 | | |
| 171,794 | |
| | |
| | | |
| | |
| TOTAL UNITED KINGDOM | |
| | | |
| 710,715 | |
| UNITED STATES — 96.8% | |
| | | |
| | |
| Communication Services — 2.5% | |
| | | |
| | |
| Advantage Solutions * | |
| 63,565 | | |
| 85,177 | |
| AMC Entertainment Holdings, Cl A * | |
| 245,129 | | |
| 654,494 | |
| AMC Networks, Cl A * | |
| 19,271 | | |
| 123,334 | |
| Anterix * | |
| 6,106 | | |
| 182,264 | |
| AST SpaceMobile, Cl A * (A) | |
| 81,365 | | |
| 1,888,482 | |
| Atlanta Braves Holdings, Cl A * | |
| 6,252 | | |
| 271,649 | |
| Atlanta Braves Holdings, Cl C * | |
| 30,486 | | |
| 1,215,172 | |
| ATN International | |
| 6,179 | | |
| 109,306 | |
| Bandwidth, Cl A * | |
| 14,945 | | |
| 185,617 | |
| Boston Omaha, Cl A * | |
| 14,907 | | |
| 231,506 | |
| Bumble, Cl A * | |
| 49,246 | | |
| 207,818 | |
| Cable One | |
| 3,428 | | |
| 916,202 | |
| Cardlytics * | |
| 24,385 | | |
| 35,114 | |
| Cargurus, Cl A * | |
| 52,700 | | |
| 1,473,492 | |
| Cars.com * | |
| 39,123 | | |
| 455,392 | |
| Cinemark Holdings | |
| 67,034 | | |
| 2,004,987 | |
| Clear Channel Outdoor Holdings, Cl A * | |
| 213,113 | | |
| 209,746 | |
| Cogent Communications Holdings | |
| 26,759 | | |
| 1,454,352 | |
| EchoStar, Cl A * | |
| 73,950 | | |
| 1,662,396 | |
| Emerald Holding | |
| 9,124 | | |
| 35,857 | |
| Entravision Communications, Cl A | |
| 37,673 | | |
| 68,942 | |
| Eventbrite, Cl A * | |
| 47,714 | | |
| 101,154 | |
The accompanying notes are an integral
part of the financial statements.
147
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| EverQuote, Cl A * | |
| 15,143 | | |
$ | 359,495 | |
| EW Scripps, Cl A * | |
| 37,673 | | |
| 75,723 | |
| fuboTV * | |
| 201,497 | | |
| 604,491 | |
| Gannett * | |
| 85,144 | | |
| 272,461 | |
| Getty Images Holdings * (A) | |
| 60,705 | | |
| 115,947 | |
| Globalstar * | |
| 29,520 | | |
| 567,374 | |
| Gogo * | |
| 40,386 | | |
| 305,722 | |
| Golden Matrix Group * | |
| 12,394 | | |
| 23,301 | |
| Gray Television | |
| 51,766 | | |
| 173,416 | |
| Ibotta, Cl A * | |
| 9,479 | | |
| 462,575 | |
| IDT, Cl B | |
| 9,363 | | |
| 470,491 | |
| iHeartMedia, Cl A * | |
| 63,556 | | |
| 65,463 | |
| IMAX * | |
| 26,016 | | |
| 632,969 | |
| Integral Ad Science Holding * | |
| 44,543 | | |
| 314,919 | |
| John Wiley & Sons, Cl A | |
| 23,910 | | |
| 1,043,432 | |
| Lions Gate Entertainment, Cl A * | |
| 36,353 | | |
| 322,815 | |
| Lions Gate Entertainment, Cl B * | |
| 75,584 | | |
| 603,160 | |
| LiveOne * | |
| 45,231 | | |
| 39,731 | |
| Lumen Technologies * | |
| 614,720 | | |
| 2,176,109 | |
| Madison Square Garden Entertainment, Cl A * | |
| 24,071 | | |
| 780,863 | |
| Magnite * | |
| 76,283 | | |
| 907,005 | |
| Marcus | |
| 13,985 | | |
| 228,095 | |
| MediaAlpha, Cl A * | |
| 18,041 | | |
| 151,544 | |
| National CineMedia | |
| 42,559 | | |
| 243,863 | |
| Nextdoor Holdings * | |
| 103,356 | | |
| 151,933 | |
| Outbrain * | |
| 23,403 | | |
| 82,847 | |
| Playstudios * | |
| 53,745 | | |
| 68,256 | |
| PubMatic, Cl A * | |
| 24,302 | | |
| 237,430 | |
| QuinStreet * | |
| 32,711 | | |
| 573,097 | |
| Reservoir Media * | |
| 11,790 | | |
| 88,425 | |
| Scholastic | |
| 13,987 | | |
| 252,186 | |
| Shenandoah Telecommunications | |
| 29,698 | | |
| 330,836 | |
| Shutterstock | |
| 14,567 | | |
| 232,489 | |
| Sinclair | |
| 19,252 | | |
| 277,229 | |
| Sphere Entertainment * | |
| 16,423 | | |
| 447,527 | |
| Spok Holdings | |
| 11,072 | | |
| 158,772 | |
| Stagwell, Cl A * | |
| 53,720 | | |
| 299,758 | |
| System1 * | |
| 14,171 | | |
| 8,188 | |
| TEGNA | |
| 97,956 | | |
| 1,589,826 | |
The accompanying notes are an integral
part of the financial statements.
148
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Communication Services — continued | |
| | | |
| | |
| Telephone and Data Systems | |
| 59,903 | | |
$ | 2,245,763 | |
| Thryv Holdings * | |
| 23,190 | | |
| 317,703 | |
| Toro Combineco * | |
| 16,092 | | |
| 128,253 | |
| Townsquare Media, Cl A | |
| 7,860 | | |
| 52,033 | |
| TrueCar * | |
| 48,089 | | |
| 71,653 | |
| Vimeo * | |
| 88,250 | | |
| 444,780 | |
| Vivid Seats, Cl A * | |
| 46,304 | | |
| 130,114 | |
| WideOpenWest * | |
| 30,340 | | |
| 132,889 | |
| Yelp, Cl A * | |
| 38,662 | | |
| 1,356,263 | |
| Ziff Davis * | |
| 25,570 | | |
| 755,082 | |
| ZipRecruiter, Cl A * | |
| 42,023 | | |
| 216,839 | |
| | |
| | | |
| 35,163,588 | |
| Consumer Discretionary — 8.8% | |
| | | |
| | |
| 1-800-Flowers.com, Cl A * (A) | |
| 15,239 | | |
| 84,272 | |
| 1stdibs.com * | |
| 13,551 | | |
| 33,471 | |
| Abercrombie & Fitch, Cl A * | |
| 30,114 | | |
| 2,090,514 | |
| Academy Sports & Outdoors | |
| 41,306 | | |
| 1,556,410 | |
| Accel Entertainment, Cl A * | |
| 32,642 | | |
| 336,213 | |
| Acushnet Holdings (A) | |
| 16,920 | | |
| 1,120,442 | |
| Adient * | |
| 50,745 | | |
| 641,924 | |
| Adtalem Global Education * | |
| 22,766 | | |
| 2,417,749 | |
| aka Brands Holding * | |
| 381 | | |
| 2,892 | |
| A-Mark Precious Metals | |
| 10,633 | | |
| 259,020 | |
| American Axle & Manufacturing Holdings * | |
| 69,010 | | |
| 263,618 | |
| American Eagle Outfitters | |
| 107,975 | | |
| 1,136,977 | |
| American Public Education * | |
| 9,471 | | |
| 222,569 | |
| America’s Car-Mart * | |
| 4,472 | | |
| 212,062 | |
| AMMO * | |
| 55,358 | | |
| 109,055 | |
| Arhaus, Cl A * | |
| 30,767 | | |
| 241,829 | |
| Arko | |
| 48,280 | | |
| 194,327 | |
| Asbury Automotive Group * | |
| 11,945 | | |
| 2,605,682 | |
| BARK * | |
| 77,889 | | |
| 88,015 | |
| Beazer Homes USA * | |
| 17,815 | | |
| 348,461 | |
| Beyond * (A) | |
| 27,848 | | |
| 113,341 | |
| Biglari Holdings, Cl B * | |
| 435 | | |
| 101,316 | |
| BJ’s Restaurants * | |
| 11,232 | | |
| 373,913 | |
| Bloomin’ Brands | |
| 46,820 | | |
| 375,496 | |
| Boot Barn Holdings * | |
| 17,935 | | |
| 1,871,338 | |
The accompanying notes are an integral
part of the financial statements.
149
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Brinker International * | |
| 26,757 | | |
$ | 3,593,465 | |
| Buckle | |
| 18,733 | | |
| 651,159 | |
| Build-A-Bear Workshop, Cl A | |
| 7,601 | | |
| 268,163 | |
| Caleres | |
| 19,945 | | |
| 303,962 | |
| Camping World Holdings, Cl A | |
| 34,092 | | |
| 411,150 | |
| Carriage Services, Cl A | |
| 8,288 | | |
| 331,188 | |
| Cavco Industries * | |
| 4,885 | | |
| 2,412,457 | |
| Century Communities | |
| 16,788 | | |
| 915,618 | |
| Cheesecake Factory | |
| 29,333 | | |
| 1,477,503 | |
| Chegg * | |
| 60,074 | | |
| 43,686 | |
| Citi Trends * | |
| 3,841 | | |
| 85,770 | |
| Clarus | |
| 18,630 | | |
| 61,293 | |
| Cooper-Standard Holdings * | |
| 10,270 | | |
| 150,661 | |
| Coursera * | |
| 83,481 | | |
| 702,910 | |
| Cracker Barrel Old Country Store (A) | |
| 13,415 | | |
| 572,821 | |
| Cricut, Cl A | |
| 28,520 | | |
| 142,030 | |
| Dana | |
| 79,380 | | |
| 1,090,681 | |
| Dave & Buster’s Entertainment * | |
| 19,127 | | |
| 367,047 | |
| Denny’s * | |
| 30,356 | | |
| 112,014 | |
| Designer Brands, Cl A | |
| 20,159 | | |
| 56,244 | |
| Destination XL Group * | |
| 29,365 | | |
| 29,060 | |
| Dine Brands Global | |
| 8,979 | | |
| 178,772 | |
| Dorman Products * | |
| 15,707 | | |
| 1,779,603 | |
| Dream Finders Homes, Cl A * | |
| 17,002 | | |
| 385,265 | |
| El Pollo Loco Holdings * | |
| 15,331 | | |
| 143,345 | |
| Escalade | |
| 6,011 | | |
| 91,247 | |
| Ethan Allen Interiors | |
| 13,869 | | |
| 394,296 | |
| European Wax Center, Cl A * | |
| 18,365 | | |
| 57,299 | |
| Everi Holdings * | |
| 49,229 | | |
| 691,667 | |
| EVgo, Cl A * | |
| 74,027 | | |
| 204,315 | |
| Figs, Cl A * | |
| 79,305 | | |
| 319,599 | |
| First Watch Restaurant Group * | |
| 23,352 | | |
| 412,396 | |
| Flexsteel Industries | |
| 2,852 | | |
| 95,228 | |
| Foot Locker * | |
| 50,619 | | |
| 621,095 | |
| Fox Factory Holding * | |
| 25,687 | | |
| 521,703 | |
| Frontdoor * | |
| 46,782 | | |
| 1,923,208 | |
| Full House Resorts * | |
| 19,988 | | |
| 64,561 | |
| Funko, Cl A * | |
| 18,733 | | |
| 75,119 | |
| Genesco * | |
| 6,254 | | |
| 121,328 | |
The accompanying notes are an integral
part of the financial statements.
150
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Gentherm * | |
| 18,688 | | |
$ | 486,075 | |
| G-III Apparel Group * | |
| 23,722 | | |
| 598,269 | |
| Global Business Travel Group I * | |
| 76,200 | | |
| 511,302 | |
| Golden Entertainment | |
| 11,678 | | |
| 300,125 | |
| Goodyear Tire & Rubber * | |
| 173,069 | | |
| 1,882,991 | |
| GoPro, Cl A * | |
| 75,188 | | |
| 43,308 | |
| Graham Holdings, Cl B | |
| 1,939 | | |
| 1,783,977 | |
| Green Brick Partners * | |
| 18,911 | | |
| 1,115,560 | |
| Group 1 Automotive | |
| 7,926 | | |
| 3,199,171 | |
| Groupon, Cl A * (A) | |
| 14,007 | | |
| 255,067 | |
| GrowGeneration * | |
| 33,565 | | |
| 39,271 | |
| Hamilton Beach Brands Holding, Cl A | |
| 4,941 | | |
| 97,832 | |
| Hanesbrands * | |
| 214,783 | | |
| 985,854 | |
| Haverty Furniture | |
| 8,983 | | |
| 163,131 | |
| Helen of Troy * | |
| 13,781 | | |
| 383,939 | |
| Hilton Grand Vacations * | |
| 42,149 | | |
| 1,417,471 | |
| Holley * | |
| 28,136 | | |
| 60,492 | |
| Hooker Furnishings | |
| 6,338 | | |
| 60,845 | |
| Hovnanian Enterprises, Cl A * | |
| 3,013 | | |
| 291,658 | |
| Inspired Entertainment * | |
| 13,210 | | |
| 97,886 | |
| Installed Building Products | |
| 14,402 | | |
| 2,388,284 | |
| International Game Technology | |
| 69,149 | | |
| 1,134,044 | |
| iRobot * | |
| 18,276 | | |
| 44,776 | |
| J Jill | |
| 3,579 | | |
| 54,472 | |
| Jack in the Box (A) | |
| 11,567 | | |
| 301,205 | |
| JAKKS Pacific | |
| 4,856 | | |
| 93,672 | |
| Johnson Outdoors, Cl A | |
| 2,946 | | |
| 67,257 | |
| KB Home | |
| 38,857 | | |
| 2,099,444 | |
| KinderCare Learning * | |
| 16,964 | | |
| 207,979 | |
| Kontoor Brands | |
| 33,438 | | |
| 2,011,296 | |
| Krispy Kreme | |
| 51,343 | | |
| 210,506 | |
| Kura Sushi USA, Cl A * | |
| 4,122 | | |
| 242,703 | |
| Lands’ End * | |
| 8,602 | | |
| 76,386 | |
| Landsea Homes * | |
| 17,092 | | |
| 104,261 | |
| Latham Group * | |
| 24,520 | | |
| 134,002 | |
| Laureate Education, Cl A * | |
| 79,137 | | |
| 1,588,280 | |
| La-Z-Boy | |
| 25,307 | | |
| 999,627 | |
| LCI Industries | |
| 15,075 | | |
| 1,161,981 | |
| Legacy Housing * | |
| 6,803 | | |
| 165,483 | |
The accompanying notes are an integral
part of the financial statements.
151
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Leslie’s * | |
| 108,001 | | |
$ | 64,822 | |
| LGI Homes * | |
| 12,621 | | |
| 689,233 | |
| Life Time Group Holdings * | |
| 51,075 | | |
| 1,565,960 | |
| Lifetime Brands | |
| 7,620 | | |
| 27,737 | |
| Lincoln Educational Services * | |
| 15,844 | | |
| 267,764 | |
| Lindblad Expeditions Holdings * | |
| 21,533 | | |
| 190,352 | |
| Lovesac * | |
| 8,549 | | |
| 166,278 | |
| Luminar Technologies, Cl A * (A) | |
| 15,295 | | |
| 59,803 | |
| M/I Homes * | |
| 16,144 | | |
| 1,722,242 | |
| Malibu Boats, Cl A * | |
| 11,931 | | |
| 340,749 | |
| Marine Products | |
| 5,312 | | |
| 44,621 | |
| MarineMax * | |
| 13,377 | | |
| 287,070 | |
| MasterCraft Boat Holdings * | |
| 10,123 | | |
| 166,422 | |
| Meritage Homes | |
| 43,626 | | |
| 2,972,676 | |
| Mister Car Wash * | |
| 57,621 | | |
| 395,280 | |
| Modine Manufacturing * | |
| 31,367 | | |
| 2,560,802 | |
| Monarch Casino & Resort | |
| 7,774 | | |
| 607,849 | |
| Monro | |
| 17,945 | | |
| 250,153 | |
| Movado Group | |
| 9,136 | | |
| 126,899 | |
| Nathan’s Famous | |
| 1,708 | | |
| 166,957 | |
| National Vision Holdings * | |
| 47,235 | | |
| 583,352 | |
| Nerdy * | |
| 48,592 | | |
| 77,261 | |
| ODP * | |
| 17,549 | | |
| 240,070 | |
| ONE Group Hospitality * | |
| 12,588 | | |
| 37,890 | |
| OneWater Marine, Cl A * | |
| 7,235 | | |
| 108,597 | |
| Oxford Industries | |
| 9,023 | | |
| 438,518 | |
| Papa John’s International | |
| 20,182 | | |
| 696,884 | |
| Patrick Industries | |
| 19,643 | | |
| 1,512,118 | |
| Peloton Interactive, Cl A * | |
| 213,983 | | |
| 1,474,343 | |
| Perdoceo Education | |
| 39,830 | | |
| 1,000,530 | |
| Petco Health & Wellness, Cl A * | |
| 50,990 | | |
| 150,420 | |
| Phinia | |
| 25,355 | | |
| 1,018,003 | |
| PlayAGS * | |
| 24,349 | | |
| 295,110 | |
| Portillo’s, Cl A * (A) | |
| 33,412 | | |
| 345,480 | |
| Potbelly * | |
| 16,718 | | |
| 135,416 | |
| Purple Innovation, Cl A * | |
| 34,100 | | |
| 23,079 | |
| Qurate Retail, Cl B * | |
| 552 | | |
| 3,069 | |
| RCI Hospitality Holdings | |
| 5,030 | | |
| 199,590 | |
| RealReal * | |
| 60,998 | | |
| 353,788 | |
The accompanying notes are an integral
part of the financial statements.
152
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Red Rock Resorts, Cl A | |
| 29,891 | | |
$ | 1,276,346 | |
| Revolve Group, Cl A * | |
| 23,325 | | |
| 463,701 | |
| Rocky Brands | |
| 4,356 | | |
| 93,175 | |
| RumbleON, Cl B * | |
| 10,021 | | |
| 25,353 | |
| Rush Street Interactive * | |
| 46,153 | | |
| 559,836 | |
| Sabre * | |
| 232,186 | | |
| 550,281 | |
| Sally Beauty Holdings * | |
| 61,921 | | |
| 504,037 | |
| Savers Value Village * | |
| 14,176 | | |
| 135,948 | |
| Shake Shack, Cl A * | |
| 23,096 | | |
| 2,026,443 | |
| Shoe Carnival | |
| 10,741 | | |
| 186,679 | |
| Signet Jewelers | |
| 25,359 | | |
| 1,503,789 | |
| Six Flags Entertainment | |
| 56,364 | | |
| 1,939,485 | |
| Skyline Champion * | |
| 32,578 | | |
| 2,817,997 | |
| Sleep Number * | |
| 13,067 | | |
| 101,792 | |
| Smith & Wesson Brands | |
| 26,911 | | |
| 256,462 | |
| Solid Power * (A) | |
| 92,424 | | |
| 100,742 | |
| Solo Brands, Cl A * | |
| 9 | | |
| — | |
| Sonic Automotive, Cl A | |
| 8,938 | | |
| 542,715 | |
| Sonos * | |
| 73,270 | | |
| 674,817 | |
| Standard Motor Products | |
| 12,565 | | |
| 340,511 | |
| Steven Madden | |
| 43,396 | | |
| 911,316 | |
| Stitch Fix, Cl A * | |
| 61,831 | | |
| 202,187 | |
| Stoneridge * | |
| 16,528 | | |
| 63,798 | |
| Strategic Education | |
| 13,495 | | |
| 1,100,922 | |
| Stride * | |
| 25,851 | | |
| 3,677,305 | |
| Sturm Ruger | |
| 10,010 | | |
| 407,007 | |
| Superior Group | |
| 7,821 | | |
| 81,182 | |
| Sweetgreen, Cl A * | |
| 61,858 | | |
| 1,204,994 | |
| Target Hospitality * | |
| 19,988 | | |
| 135,918 | |
| Taylor Morrison Home, Cl A * | |
| 62,124 | | |
| 3,562,811 | |
| ThredUp, Cl A * | |
| 48,147 | | |
| 216,180 | |
| Tile Shop Holdings * | |
| 17,162 | | |
| 97,309 | |
| Tilly’s, Cl A * | |
| 8,956 | | |
| 13,703 | |
| Topgolf Callaway Brands * | |
| 86,079 | | |
| 568,982 | |
| Torrid Holdings * (A) | |
| 11,854 | | |
| 75,273 | |
| Traeger * | |
| 21,615 | | |
| 31,558 | |
| Tri Pointe Homes * | |
| 56,006 | | |
| 1,722,184 | |
| Udemy * | |
| 55,501 | | |
| 381,292 | |
| United Homes Group * (A) | |
| 4,821 | | |
| 9,401 | |
The accompanying notes are an integral
part of the financial statements.
153
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| United Parks & Resorts * | |
| 18,794 | | |
$ | 820,358 | |
| Universal Technical Institute * | |
| 28,172 | | |
| 790,506 | |
| Upbound Group, Cl A | |
| 32,498 | | |
| 646,710 | |
| Urban Outfitters * | |
| 38,480 | | |
| 2,030,974 | |
| Vera Bradley * | |
| 14,730 | | |
| 28,724 | |
| Victoria’s Secret * | |
| 47,721 | | |
| 897,155 | |
| Visteon * | |
| 16,581 | | |
| 1,313,049 | |
| Warby Parker, Cl A * | |
| 53,702 | | |
| 886,620 | |
| Weyco Group | |
| 3,667 | | |
| 109,643 | |
| Winmark | |
| 1,773 | | |
| 638,298 | |
| Winnebago Industries | |
| 16,841 | | |
| 535,881 | |
| Wolverine World Wide | |
| 47,922 | | |
| 625,382 | |
| XPEL * | |
| 15,339 | | |
| 439,309 | |
| Xponential Fitness, Cl A * | |
| 14,520 | | |
| 121,532 | |
| Zspace * (A) | |
| 1,187 | | |
| 9,923 | |
| Zumiez * | |
| 9,220 | | |
| 107,874 | |
| | |
| | | |
| 125,452,272 | |
| Consumer Staples — 3.3% | |
| | | |
| | |
| Alico | |
| 4,279 | | |
| 122,123 | |
| Andersons | |
| 19,811 | | |
| 747,073 | |
| B&G Foods | |
| 46,838 | | |
| 322,714 | |
| Beauty Health * | |
| 44,850 | | |
| 44,469 | |
| Beyond Meat * (A) | |
| 36,202 | | |
| 89,781 | |
| BRC, Cl A * | |
| 31,952 | | |
| 72,851 | |
| Calavo Growers | |
| 10,070 | | |
| 278,133 | |
| Cal-Maine Foods | |
| 26,725 | | |
| 2,495,313 | |
| Central Garden & Pet * | |
| 5,556 | | |
| 186,459 | |
| Central Garden & Pet, Cl A * | |
| 31,081 | | |
| 919,065 | |
| Chefs’ Warehouse * | |
| 21,593 | | |
| 1,230,153 | |
| Dole | |
| 45,451 | | |
| 690,401 | |
| Edgewell Personal Care | |
| 29,027 | | |
| 886,775 | |
| Energizer Holdings | |
| 43,699 | | |
| 1,181,621 | |
| Fresh Del Monte Produce | |
| 20,503 | | |
| 697,307 | |
| Guardian Pharmacy Services, Cl A * | |
| 5,118 | | |
| 128,155 | |
| Hain Celestial Group * | |
| 53,798 | | |
| 163,546 | |
| Herbalife * | |
| 61,354 | | |
| 441,749 | |
| HF Foods Group * | |
| 24,020 | | |
| 90,075 | |
| Honest * | |
| 50,375 | | |
| 241,296 | |
The accompanying notes are an integral
part of the financial statements.
154
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Ingles Markets, Cl A | |
| 8,808 | | |
$ | 543,365 | |
| Inter Parfums | |
| 11,077 | | |
| 1,209,608 | |
| Ispire Technology * | |
| 11,606 | | |
| 32,033 | |
| J & J Snack Foods | |
| 9,272 | | |
| 1,201,558 | |
| John B Sanfilippo & Son | |
| 5,469 | | |
| 362,431 | |
| Lancaster Colony | |
| 11,882 | | |
| 1,934,152 | |
| Lifeway Foods * | |
| 2,640 | | |
| 62,515 | |
| Limoneira | |
| 9,979 | | |
| 149,984 | |
| Mama’s Creations * | |
| 19,938 | | |
| 131,591 | |
| Medifast * | |
| 6,608 | | |
| 86,829 | |
| MGP Ingredients | |
| 8,531 | | |
| 251,409 | |
| Mission Produce * | |
| 26,063 | | |
| 273,010 | |
| National Beverage | |
| 14,273 | | |
| 633,721 | |
| Natural Grocers by Vitamin Cottage | |
| 5,651 | | |
| 283,454 | |
| Nature’s Sunshine Products * | |
| 7,592 | | |
| 93,533 | |
| Nu Skin Enterprises, Cl A | |
| 29,982 | | |
| 189,786 | |
| Oil-Dri Corp of America | |
| 5,985 | | |
| 251,909 | |
| Olaplex Holdings * | |
| 83,776 | | |
| 109,746 | |
| PriceSmart | |
| 15,235 | | |
| 1,546,200 | |
| Primo Brands | |
| 121,034 | | |
| 3,954,181 | |
| Seneca Foods, Cl A * | |
| 2,847 | | |
| 255,347 | |
| Simply Good Foods * | |
| 56,018 | | |
| 2,022,810 | |
| SpartanNash | |
| 20,502 | | |
| 406,760 | |
| Sprouts Farmers Market * | |
| 61,142 | | |
| 10,455,282 | |
| TreeHouse Foods * | |
| 28,155 | | |
| 655,730 | |
| Turning Point Brands | |
| 10,420 | | |
| 639,580 | |
| United Natural Foods * | |
| 35,725 | | |
| 954,215 | |
| Universal | |
| 14,583 | | |
| 849,751 | |
| USANA Health Sciences * | |
| 6,865 | | |
| 192,838 | |
| Utz Brands | |
| 39,878 | | |
| 529,979 | |
| Veru * | |
| 79,832 | | |
| 43,245 | |
| Village Super Market, Cl A | |
| 5,294 | | |
| 195,084 | |
| Vita Coco * | |
| 23,714 | | |
| 783,748 | |
| Vital Farms * | |
| 20,483 | | |
| 701,338 | |
| Waldencast, Cl A * | |
| 14,781 | | |
| 40,204 | |
| WD-40 | |
| 8,274 | | |
| 1,889,451 | |
| Weis Markets | |
| 9,946 | | |
| 855,256 | |
| Westrock Coffee * (A) | |
| 21,496 | | |
| 124,677 | |
The accompanying notes are an integral
part of the financial statements.
155
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | |
| |
| Consumer Staples — continued | |
| | |
| |
| WK Kellogg | |
| 39,666 | | |
$ | 711,211 | |
| | |
| | | |
| 46,636,580 | |
| Energy — 3.9% | |
| | | |
| | |
| Aemetis * (A) | |
| 22,220 | | |
| 27,997 | |
| Amplify Energy * | |
| 23,735 | | |
| 61,711 | |
| Archrock | |
| 101,343 | | |
| 2,384,601 | |
| Atlas Energy Solutions, Cl A (A) | |
| 45,098 | | |
| 610,176 | |
| Berry | |
| 46,344 | | |
| 114,933 | |
| Bristow Group * | |
| 14,929 | | |
| 433,538 | |
| Cactus, Cl A | |
| 40,491 | | |
| 1,536,229 | |
| California Resources | |
| 42,515 | | |
| 1,467,193 | |
| Centrus Energy, Cl A *(B) | |
| 8,761 | | |
| 607,050 | |
| ChampionX | |
| 115,843 | | |
| 2,795,292 | |
| Clean Energy Fuels * | |
| 103,017 | | |
| 149,375 | |
| CNX Resources * | |
| 88,614 | | |
| 2,607,910 | |
| Comstock Resources * | |
| 56,163 | | |
| 1,026,098 | |
| CONSOL Energy | |
| 31,925 | | |
| 2,305,304 | |
| Core Laboratories | |
| 28,650 | | |
| 325,750 | |
| Crescent Energy, Cl A | |
| 100,227 | | |
| 829,880 | |
| CVR Energy | |
| 20,825 | | |
| 392,759 | |
| Delek US Holdings | |
| 37,989 | | |
| 494,617 | |
| DHT Holdings | |
| 82,081 | | |
| 877,446 | |
| Diversified Energy | |
| 28,662 | | |
| 355,695 | |
| DMC Global * | |
| 11,790 | | |
| 76,517 | |
| Dorian LPG | |
| 22,093 | | |
| 473,232 | |
| Drilling Tools International * | |
| 7,145 | | |
| 14,433 | |
| Empire Petroleum * | |
| 9,195 | | |
| 42,205 | |
| Energy Fuels * (A)(B) | |
| 113,337 | | |
| 512,283 | |
| Evolution Petroleum | |
| 18,490 | | |
| 77,473 | |
| Excelerate Energy, Cl A | |
| 10,109 | | |
| 258,588 | |
| Expro Group Holdings * | |
| 57,518 | | |
| 475,674 | |
| Flowco Holdings Inc * | |
| 12,004 | | |
| 231,917 | |
| Forum Energy Technologies * | |
| 7,105 | | |
| 104,088 | |
| FutureFuel | |
| 16,077 | | |
| 66,076 | |
| Geospace Technologies * | |
| 7,309 | | |
| 47,070 | |
| Granite Ridge Resources | |
| 31,842 | | |
| 153,160 | |
| Green Plains * | |
| 38,486 | | |
| 137,780 | |
| Gulfport Energy * | |
| 7,715 | | |
| 1,330,837 | |
The accompanying notes are an integral
part of the financial statements.
156
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Energy — continued | |
| | | |
| | |
| Hallador Energy * | |
| 15,329 | | |
$ | 215,602 | |
| Helix Energy Solutions Group * | |
| 87,439 | | |
| 532,504 | |
| Helmerich & Payne | |
| 59,873 | | |
| 1,131,001 | |
| HighPeak Energy (A) | |
| 8,809 | | |
| 70,560 | |
| Infinity Natural Resources Inc * | |
| 7,546 | | |
| 115,831 | |
| Innovex International * | |
| 21,634 | | |
| 326,673 | |
| International Seaways | |
| 24,497 | | |
| 831,918 | |
| Kinetik Holdings, Cl A | |
| 23,258 | | |
| 961,486 | |
| Kodiak Gas Services | |
| 27,401 | | |
| 931,908 | |
| Liberty Energy, Cl A | |
| 96,221 | | |
| 1,106,541 | |
| Magnolia Oil & Gas, Cl A | |
| 105,178 | | |
| 2,159,304 | |
| Mammoth Energy Services * | |
| 14,730 | | |
| 37,267 | |
| Murphy Oil | |
| 84,223 | | |
| 1,729,098 | |
| Nabors Industries * | |
| 5,518 | | |
| 148,103 | |
| NACCO Industries, Cl A | |
| 2,487 | | |
| 86,796 | |
| Natural Gas Services Group * | |
| 6,476 | | |
| 116,374 | |
| Newpark Resources * | |
| 51,338 | | |
| 296,734 | |
| NextDecade * | |
| 70,199 | | |
| 525,089 | |
| Noble | |
| 80,760 | | |
| 1,755,722 | |
| Nordic American Tankers | |
| 122,337 | | |
| 313,183 | |
| Northern Oil & Gas | |
| 59,536 | | |
| 1,446,725 | |
| Oceaneering International * | |
| 61,436 | | |
| 1,090,489 | |
| Oil States International * | |
| 36,247 | | |
| 127,227 | |
| Par Pacific Holdings * | |
| 33,055 | | |
| 473,348 | |
| Patterson-UTI Energy | |
| 236,443 | | |
| 1,333,539 | |
| PBF Energy, Cl A | |
| 60,998 | | |
| 1,047,946 | |
| Peabody Energy | |
| 74,053 | | |
| 913,814 | |
| Prairie Operating * | |
| 2,556 | | |
| 10,377 | |
| PrimeEnergy Resources * | |
| 385 | | |
| 65,400 | |
| ProFrac Holding, Cl A * (A) | |
| 13,423 | | |
| 55,705 | |
| ProPetro Holding * | |
| 53,030 | | |
| 264,089 | |
| Ranger Energy Services, Cl A | |
| 9,435 | | |
| 104,634 | |
| REX American Resources * | |
| 9,398 | | |
| 373,289 | |
| Riley Exploration Permian | |
| 6,845 | | |
| 168,935 | |
| Ring Energy * | |
| 89,449 | | |
| 79,261 | |
| RPC | |
| 51,034 | | |
| 241,391 | |
| Sable Offshore * (A) | |
| 30,592 | | |
| 570,847 | |
| SandRidge Energy | |
| 19,385 | | |
| 176,597 | |
| SEACOR Marine Holdings * | |
| 14,761 | | |
| 72,034 | |
The accompanying notes are an integral
part of the financial statements.
157
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Energy — continued | |
| | | |
| | |
| Select Water Solutions, Cl A | |
| 55,429 | | |
$ | 472,255 | |
| Sitio Royalties, Cl A | |
| 48,024 | | |
| 814,487 | |
| SM Energy | |
| 69,510 | | |
| 1,584,133 | |
| Solaris Oilfield Infrastructure, Cl A | |
| 18,648 | | |
| 394,219 | |
| Talos Energy * | |
| 87,926 | | |
| 604,931 | |
| TETRA Technologies * | |
| 75,740 | | |
| 215,859 | |
| Tidewater * | |
| 29,647 | | |
| 1,072,925 | |
| Transocean * | |
| 443,398 | | |
| 944,438 | |
| Uranium Energy *(B) | |
| 250,214 | | |
| 1,313,623 | |
| Ur-Energy *(B) | |
| 211,145 | | |
| 158,908 | |
| VAALCO Energy | |
| 63,024 | | |
| 206,088 | |
| Valaris * | |
| 37,464 | | |
| 1,210,462 | |
| Verde Clean Fuels * | |
| 1,973 | | |
| 6,649 | |
| Vital Energy * | |
| 17,133 | | |
| 242,946 | |
| Vitesse Energy | |
| 15,680 | | |
| 320,656 | |
| W&T Offshore (A) | |
| 59,577 | | |
| 68,514 | |
| World Kinect | |
| 34,626 | | |
| 868,766 | |
| | |
| | | |
| 55,912,087 | |
| Financials — 19.0% | |
| | | |
| | |
| 1st Source | |
| 11,136 | | |
| 667,603 | |
| Acacia Research * | |
| 22,821 | | |
| 70,517 | |
| ACNB | |
| 4,993 | | |
| 209,257 | |
| AFC Gamma ‡ | |
| 11,278 | | |
| 62,142 | |
| Alerus Financial | |
| 13,539 | | |
| 269,155 | |
| AlTi Global * | |
| 20,358 | | |
| 69,828 | |
| Amalgamated Financial | |
| 10,756 | | |
| 302,889 | |
| Ambac Financial Group * | |
| 27,232 | | |
| 217,311 | |
| Amerant Bancorp, Cl A | |
| 22,496 | | |
| 378,833 | |
| American Coastal Insurance | |
| 14,599 | | |
| 166,867 | |
| Ameris Bancorp | |
| 39,978 | | |
| 2,342,711 | |
| AMERISAFE | |
| 11,548 | | |
| 536,867 | |
| Ames National | |
| 5,338 | | |
| 92,668 | |
| Angel Oak Mortgage REIT ‡ | |
| 7,195 | | |
| 67,993 | |
| Apollo Commercial Real Estate Finance ‡ | |
| 84,022 | | |
| 787,286 | |
| Arbor Realty Trust ‡ (A) | |
| 111,911 | | |
| 1,290,334 | |
| Ares Commercial Real Estate ‡ | |
| 32,310 | | |
| 131,502 | |
| ARMOUR Residential REIT ‡ | |
| 34,050 | | |
| 560,804 | |
| Arrow Financial | |
| 9,881 | | |
| 242,381 | |
The accompanying notes are an integral
part of the financial statements.
158
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Artisan Partners Asset Management, Cl A | |
| 38,277 | | |
$ | 1,415,483 | |
| Associated Banc-Corp | |
| 99,541 | | |
| 2,195,874 | |
| Atlantic Union Bankshares | |
| 78,332 | | |
| 2,169,796 | |
| Atlanticus Holdings * | |
| 3,325 | | |
| 182,277 | |
| AvidXchange Holdings * | |
| 105,685 | | |
| 859,219 | |
| Axos Financial * | |
| 33,188 | | |
| 2,106,774 | |
| B Riley Financial (A) | |
| 12,408 | | |
| 36,355 | |
| Baldwin Insurance Group, Cl A * | |
| 40,989 | | |
| 1,705,962 | |
| Banc of California | |
| 84,472 | | |
| 1,138,683 | |
| BancFirst | |
| 12,079 | | |
| 1,423,148 | |
| Bancorp * | |
| 27,748 | | |
| 1,340,506 | |
| Bank First | |
| 5,873 | | |
| 641,214 | |
| Bank of Hawaii | |
| 23,745 | | |
| 1,569,782 | |
| Bank of Marin Bancorp | |
| 9,478 | | |
| 194,489 | |
| Bank7 | |
| 2,388 | | |
| 86,923 | |
| BankUnited | |
| 45,311 | | |
| 1,482,123 | |
| Bankwell Financial Group | |
| 3,930 | | |
| 133,266 | |
| Banner | |
| 20,859 | | |
| 1,275,319 | |
| Bar Harbor Bankshares | |
| 9,030 | | |
| 267,649 | |
| BayCom | |
| 6,244 | | |
| 162,406 | |
| BCB Bancorp | |
| 9,054 | | |
| 74,424 | |
| Berkshire Hills Bancorp | |
| 26,048 | | |
| 646,772 | |
| BGC Group, Cl A | |
| 215,841 | | |
| 1,955,519 | |
| Blackstone Mortgage Trust, Cl A ‡ | |
| 105,459 | | |
| 2,008,994 | |
| Blue Foundry Bancorp * | |
| 12,069 | | |
| 112,724 | |
| Bowhead Specialty Holdings * | |
| 9,619 | | |
| 386,588 | |
| Bread Financial Holdings | |
| 30,212 | | |
| 1,433,559 | |
| Bridgewater Bancshares * | |
| 12,004 | | |
| 184,742 | |
| Brightsphere Investment Group | |
| 16,448 | | |
| 443,109 | |
| BrightSpire Capital, Cl A ‡ | |
| 78,555 | | |
| 393,561 | |
| Brookline Bancorp | |
| 53,565 | | |
| 559,219 | |
| Burford Capital | |
| 121,721 | | |
| 1,652,971 | |
| Burke & Herbert Financial Services | |
| 8,209 | | |
| 458,965 | |
| Business First Bancshares | |
| 14,479 | | |
| 333,741 | |
| Byline Bancorp | |
| 18,905 | | |
| 482,834 | |
| Cadence Bank | |
| 110,609 | | |
| 3,236,419 | |
| Camden National | |
| 10,156 | | |
| 391,209 | |
| Cannae Holdings | |
| 34,161 | | |
| 604,991 | |
| Cantaloupe * | |
| 35,219 | | |
| 281,752 | |
The accompanying notes are an integral
part of the financial statements.
159
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Capital Bancorp | |
| 5,577 | | |
$ | 176,177 | |
| Capital City Bank Group | |
| 8,294 | | |
| 303,063 | |
| Capitol Federal Financial | |
| 75,427 | | |
| 427,671 | |
| Carter Bankshares * | |
| 13,755 | | |
| 210,589 | |
| Cass Information Systems | |
| 8,218 | | |
| 334,801 | |
| Cathay General Bancorp | |
| 41,225 | | |
| 1,718,670 | |
| Central Pacific Financial | |
| 16,229 | | |
| 416,923 | |
| Chemung Financial | |
| 1,965 | | |
| 87,128 | |
| Chicago Atlantic Real Estate Finance ‡ | |
| 10,310 | | |
| 149,186 | |
| Chimera Investment ‡ | |
| 48,875 | | |
| 603,117 | |
| ChoiceOne Financial Services | |
| 5,077 | | |
| 144,339 | |
| Citizens & Northern | |
| 9,023 | | |
| 173,693 | |
| Citizens Financial Services | |
| 2,695 | | |
| 146,689 | |
| City Holding | |
| 8,799 | | |
| 1,019,540 | |
| Civista Bancshares | |
| 9,275 | | |
| 208,780 | |
| Claros Mortgage Trust ‡ | |
| 52,107 | | |
| 128,183 | |
| CNB Financial | |
| 12,390 | | |
| 271,961 | |
| CNO Financial Group | |
| 61,977 | | |
| 2,351,407 | |
| Coastal Financial * | |
| 7,589 | | |
| 623,436 | |
| Cohen & Steers | |
| 16,712 | | |
| 1,275,460 | |
| Colony Bankcorp | |
| 9,994 | | |
| 155,107 | |
| Columbia Financial * | |
| 16,537 | | |
| 222,753 | |
| Community Financial System | |
| 31,780 | | |
| 1,734,870 | |
| Community Trust Bancorp | |
| 9,329 | | |
| 456,748 | |
| Community West Bancshares | |
| 10,324 | | |
| 180,670 | |
| Compass Diversified Holdings | |
| 40,431 | | |
| 695,009 | |
| ConnectOne Bancorp | |
| 22,020 | | |
| 496,111 | |
| Consumer Portfolio Services * | |
| 5,174 | | |
| 47,756 | |
| Crawford, Cl A | |
| 9,159 | | |
| 101,848 | |
| Customers Bancorp * | |
| 17,969 | | |
| 898,450 | |
| CVB Financial | |
| 80,495 | | |
| 1,492,377 | |
| Dave * | |
| 4,896 | | |
| 464,239 | |
| Diamond Hill Investment Group | |
| 1,598 | | |
| 201,316 | |
| DigitalBridge Group | |
| 96,391 | | |
| 809,684 | |
| Dime Community Bancshares | |
| 24,110 | | |
| 619,386 | |
| Donegal Group, Cl A | |
| 9,367 | | |
| 181,251 | |
| Donnelley Financial Solutions * | |
| 16,976 | | |
| 818,243 | |
| Dynex Capital ‡ | |
| 51,025 | | |
| 629,138 | |
| Eagle Bancorp | |
| 17,751 | | |
| 318,630 | |
The accompanying notes are an integral
part of the financial statements.
160
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Eastern Bankshares | |
| 117,219 | | |
$ | 1,748,907 | |
| Ellington Financial ‡ (A) | |
| 53,413 | | |
| 695,971 | |
| Employers Holdings | |
| 14,937 | | |
| 725,789 | |
| Enact Holdings | |
| 17,239 | | |
| 616,984 | |
| Encore Capital Group * | |
| 14,255 | | |
| 490,372 | |
| Enova International * | |
| 15,486 | | |
| 1,421,460 | |
| Enstar Group * | |
| 7,691 | | |
| 2,571,947 | |
| Enterprise Bancorp | |
| 5,968 | | |
| 222,010 | |
| Enterprise Financial Services | |
| 22,119 | | |
| 1,150,630 | |
| Equity Bancshares, Cl A | |
| 9,912 | | |
| 381,513 | |
| Esquire Financial Holdings | |
| 4,280 | | |
| 354,898 | |
| ESSA Bancorp | |
| 5,115 | | |
| 94,628 | |
| Essent Group | |
| 63,358 | | |
| 3,606,971 | |
| F&G Annuities & Life | |
| 11,300 | | |
| 393,353 | |
| Farmers & Merchants Bancorp | |
| 7,663 | | |
| 200,541 | |
| Farmers National Banc | |
| 21,856 | | |
| 285,002 | |
| FB Financial | |
| 21,555 | | |
| 917,381 | |
| Federal Agricultural Mortgage, Cl C | |
| 5,559 | | |
| 974,659 | |
| Fidelity D&D Bancorp | |
| 2,890 | | |
| 116,987 | |
| Financial Institutions | |
| 11,683 | | |
| 296,631 | |
| First Bancorp | |
| 6,476 | | |
| 158,209 | |
| First Bancorp | |
| 24,341 | | |
| 984,837 | |
| First Bank | |
| 12,761 | | |
| 183,503 | |
| First Busey | |
| 50,809 | | |
| 1,056,319 | |
| First Business Financial Services | |
| 4,762 | | |
| 229,243 | |
| First Commonwealth Financial | |
| 61,495 | | |
| 942,103 | |
| First Community Bankshares | |
| 10,226 | | |
| 385,316 | |
| First Financial | |
| 6,889 | | |
| 340,317 | |
| First Financial Bancorp | |
| 57,378 | | |
| 1,328,301 | |
| First Financial Bankshares | |
| 79,019 | | |
| 2,647,927 | |
| First Foundation | |
| 37,980 | | |
| 190,660 | |
| First Internet Bancorp | |
| 4,901 | | |
| 104,195 | |
| First Interstate BancSystem, Cl A | |
| 48,219 | | |
| 1,263,097 | |
| First Merchants | |
| 35,439 | | |
| 1,263,046 | |
| First Mid Bancshares | |
| 13,865 | | |
| 463,507 | |
| First of Long Island | |
| 12,946 | | |
| 149,138 | |
| First Western Financial * | |
| 5,001 | | |
| 105,471 | |
| FirstCash Holdings | |
| 23,384 | | |
| 3,132,521 | |
| Five Star Bancorp | |
| 10,187 | | |
| 281,976 | |
The accompanying notes are an integral
part of the financial statements.
161
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Flushing Financial | |
| 19,504 | | |
$ | 233,463 | |
| Flywire * | |
| 73,475 | | |
| 691,400 | |
| Forge Global Holdings * | |
| 4,608 | | |
| 66,770 | |
| Franklin BSP Realty Trust ‡ | |
| 49,841 | | |
| 567,191 | |
| FS Bancorp | |
| 4,014 | | |
| 156,947 | |
| Fulton Financial | |
| 110,297 | | |
| 1,839,754 | |
| FVCBankcorp * | |
| 9,825 | | |
| 112,202 | |
| GCM Grosvenor | |
| 26,312 | | |
| 329,952 | |
| Genworth Financial, Cl A * | |
| 257,309 | | |
| 1,765,140 | |
| German American Bancorp | |
| 17,275 | | |
| 654,895 | |
| Glacier Bancorp | |
| 69,179 | | |
| 2,819,736 | |
| GoHealth, Cl A * | |
| 2,696 | | |
| 28,389 | |
| Goosehead Insurance, Cl A | |
| 13,660 | | |
| 1,327,889 | |
| Granite Point Mortgage Trust ‡ | |
| 30,180 | | |
| 59,455 | |
| Great Southern Bancorp | |
| 5,189 | | |
| 285,395 | |
| Green Dot, Cl A * | |
| 32,819 | | |
| 274,695 | |
| Greene County Bancorp | |
| 4,218 | | |
| 93,851 | |
| Greenlight Capital Re, Cl A * | |
| 16,229 | | |
| 212,843 | |
| Guaranty Bancshares | |
| 4,768 | | |
| 188,145 | |
| HA Sustainable Infrastructure Capital | |
| 71,385 | | |
| 1,783,197 | |
| Hamilton Lane, Cl A | |
| 24,073 | | |
| 3,719,038 | |
| Hancock Whitney | |
| 52,693 | | |
| 2,744,778 | |
| Hanmi Financial | |
| 18,329 | | |
| 419,184 | |
| HarborOne Bancorp | |
| 23,034 | | |
| 260,745 | |
| HBT Financial | |
| 7,675 | | |
| 177,868 | |
| HCI Group | |
| 5,034 | | |
| 736,474 | |
| Heritage Commerce | |
| 36,367 | | |
| 328,758 | |
| Heritage Financial | |
| 20,516 | | |
| 468,175 | |
| Heritage Insurance Holdings * | |
| 13,740 | | |
| 259,686 | |
| Hilltop Holdings | |
| 28,330 | | |
| 836,585 | |
| Hingham Institution For Savings (A) | |
| 963 | | |
| 240,326 | |
| Hippo Holdings * | |
| 12,018 | | |
| 277,856 | |
| Home Bancorp | |
| 4,311 | | |
| 217,016 | |
| Home BancShares | |
| 113,136 | | |
| 3,139,524 | |
| HomeStreet * | |
| 11,080 | | |
| 125,869 | |
| HomeTrust Bancshares | |
| 8,860 | | |
| 302,480 | |
| Hope Bancorp | |
| 73,665 | | |
| 734,440 | |
| Horace Mann Educators | |
| 24,995 | | |
| 1,038,292 | |
| Horizon Bancorp | |
| 26,352 | | |
| 386,847 | |
The accompanying notes are an integral
part of the financial statements.
162
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Independent Bank | |
| 25,792 | | |
$ | 1,524,049 | |
| Independent Bank | |
| 12,149 | | |
| 370,059 | |
| International Bancshares | |
| 32,838 | | |
| 2,004,432 | |
| International Money Express * | |
| 18,000 | | |
| 223,560 | |
| Invesco Mortgage Capital ‡ (A) | |
| 37,370 | | |
| 273,922 | |
| Investar Holding | |
| 5,587 | | |
| 106,879 | |
| Investors Title | |
| 859 | | |
| 198,592 | |
| Jackson Financial, Cl A | |
| 44,406 | | |
| 3,459,671 | |
| James River Group Holdings | |
| 22,168 | | |
| 105,520 | |
| John Marshall Bancorp | |
| 7,542 | | |
| 129,647 | |
| Kearny Financial | |
| 33,050 | | |
| 206,893 | |
| KKR Real Estate Finance Trust ‡ | |
| 35,873 | | |
| 331,825 | |
| Ladder Capital, Cl A ‡ | |
| 68,843 | | |
| 718,721 | |
| Lakeland Financial | |
| 15,131 | | |
| 842,343 | |
| LCNB | |
| 7,676 | | |
| 115,294 | |
| Lemonade * (A) | |
| 31,749 | | |
| 927,706 | |
| LendingClub * | |
| 67,234 | | |
| 656,876 | |
| LendingTree * | |
| 6,151 | | |
| 317,330 | |
| LINKBANCORP | |
| 13,340 | | |
| 93,647 | |
| Live Oak Bancshares | |
| 21,035 | | |
| 549,855 | |
| Maiden Holdings * | |
| 53,166 | | |
| 74,432 | |
| MarketWise | |
| 1,175 | | |
| 16,027 | |
| Marqeta, Cl A * | |
| 283,693 | | |
| 1,185,837 | |
| MBIA * | |
| 26,608 | | |
| 124,792 | |
| Medallion Financial | |
| 11,302 | | |
| 99,458 | |
| Mercantile Bank | |
| 9,582 | | |
| 405,414 | |
| Merchants Bancorp | |
| 11,005 | | |
| 331,030 | |
| Mercury General | |
| 16,243 | | |
| 900,187 | |
| Metrocity Bankshares | |
| 11,071 | | |
| 305,227 | |
| Metropolitan Bank Holding * | |
| 6,406 | | |
| 396,724 | |
| MFA Financial ‡ | |
| 62,111 | | |
| 609,930 | |
| Mid Penn Bancorp | |
| 12,653 | | |
| 367,570 | |
| Middlefield Banc | |
| 4,375 | | |
| 113,444 | |
| Midland States Bancorp | |
| 12,365 | | |
| 201,302 | |
| MidWestOne Financial Group | |
| 11,673 | | |
| 323,809 | |
| Moelis, Cl A | |
| 42,920 | | |
| 2,299,654 | |
| Mortgage Investment Trust ‡ | |
| 17,334 | | |
| 113,191 | |
| Mr Cooper Group * | |
| 38,304 | | |
| 4,558,559 | |
| MVB Financial | |
| 6,957 | | |
| 118,686 | |
The accompanying notes are an integral
part of the financial statements.
163
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| National Bank Holdings, Cl A | |
| 22,443 | | |
$ | 811,539 | |
| National Bankshares | |
| 3,499 | | |
| 90,169 | |
| Navient | |
| 45,138 | | |
| 558,808 | |
| NB Bancorp * | |
| 23,681 | | |
| 406,129 | |
| NBT Bancorp | |
| 27,973 | | |
| 1,184,377 | |
| NCR Atleos * | |
| 43,849 | | |
| 1,224,264 | |
| Nelnet, Cl A | |
| 8,635 | | |
| 916,087 | |
| NerdWallet, Cl A * | |
| 20,912 | | |
| 187,372 | |
| New York Community Bancorp | |
| 154,046 | | |
| 1,803,879 | |
| New York Mortgage Trust ‡ | |
| 54,802 | | |
| 321,688 | |
| NewtekOne | |
| 15,136 | | |
| 157,414 | |
| Nexpoint Real Estate Finance ‡ | |
| 5,000 | | |
| 73,150 | |
| NI Holdings * | |
| 4,747 | | |
| 59,337 | |
| Nicolet Bankshares | |
| 8,329 | | |
| 972,910 | |
| NMI Holdings, Cl A * | |
| 47,664 | | |
| 1,724,007 | |
| Northeast Bank | |
| 4,253 | | |
| 352,233 | |
| Northeast Community Bancorp | |
| 7,448 | | |
| 169,516 | |
| Northfield Bancorp | |
| 23,216 | | |
| 244,929 | |
| Northrim BanCorp | |
| 3,216 | | |
| 258,213 | |
| Northwest Bancshares | |
| 77,472 | | |
| 956,779 | |
| Norwood Financial | |
| 4,960 | | |
| 124,050 | |
| Oak Valley Bancorp | |
| 4,118 | | |
| 107,892 | |
| OceanFirst Financial | |
| 34,926 | | |
| 578,375 | |
| Old National Bancorp | |
| 191,024 | | |
| 3,933,184 | |
| Old Second Bancorp | |
| 26,473 | | |
| 418,009 | |
| Onity Group * | |
| 3,930 | | |
| 147,414 | |
| Open Lending, Cl A * | |
| 61,286 | | |
| 75,995 | |
| OppFi | |
| 11,371 | | |
| 106,319 | |
| Orange County Bancorp | |
| 6,087 | | |
| 144,445 | |
| Orchid Island Capital, Cl A ‡ (A) | |
| 48,000 | | |
| 343,200 | |
| Origin Bancorp | |
| 17,839 | | |
| 571,562 | |
| Orrstown Financial Services | |
| 11,325 | | |
| 339,410 | |
| Oscar Health, Cl A * | |
| 124,146 | | |
| 1,615,139 | |
| P10, Cl A | |
| 24,557 | | |
| 271,846 | |
| Pacific Premier Bancorp | |
| 58,235 | | |
| 1,184,500 | |
| Palomar Holdings * | |
| 15,786 | | |
| 2,289,286 | |
| Park National | |
| 8,741 | | |
| 1,312,024 | |
| Parke Bancorp | |
| 6,285 | | |
| 118,472 | |
| Pathward Financial | |
| 14,652 | | |
| 1,162,929 | |
The accompanying notes are an integral
part of the financial statements.
164
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Payoneer Global * | |
| 164,218 | | |
$ | 1,154,453 | |
| Paysafe * | |
| 19,452 | | |
| 296,254 | |
| Paysign * | |
| 19,988 | | |
| 47,971 | |
| PCB Bancorp | |
| 6,672 | | |
| 130,838 | |
| Peapack-Gladstone Financial | |
| 10,024 | | |
| 277,464 | |
| PennyMac Financial Services | |
| 16,203 | | |
| 1,578,820 | |
| PennyMac Mortgage Investment Trust ‡ | |
| 52,550 | | |
| 674,742 | |
| Peoples Bancorp | |
| 20,970 | | |
| 608,340 | |
| Peoples Bancorp of North Carolina | |
| 2,578 | | |
| 71,204 | |
| Peoples Financial Services | |
| 5,564 | | |
| 240,476 | |
| Perella Weinberg Partners, Cl A | |
| 31,415 | | |
| 539,396 | |
| Pioneer Bancorp * | |
| 7,078 | | |
| 79,415 | |
| Piper Sandler | |
| 10,525 | | |
| 2,537,788 | |
| PJT Partners | |
| 14,128 | | |
| 2,002,079 | |
| Plumas Bancorp | |
| 3,354 | | |
| 147,878 | |
| Ponce Financial Group * | |
| 11,578 | | |
| 149,009 | |
| PRA Group * | |
| 23,616 | | |
| 432,173 | |
| Preferred Bank | |
| 7,418 | | |
| 592,401 | |
| Primis Financial | |
| 13,191 | | |
| 108,694 | |
| Princeton Bancorp | |
| 3,394 | | |
| 103,449 | |
| Priority Technology Holdings * | |
| 13,149 | | |
| 95,462 | |
| ProAssurance * | |
| 30,905 | | |
| 717,305 | |
| PROG Holdings | |
| 24,823 | | |
| 654,334 | |
| Provident Bancorp * | |
| 9,455 | | |
| 104,950 | |
| Provident Financial Services | |
| 76,514 | | |
| 1,252,534 | |
| QCR Holdings | |
| 9,905 | | |
| 643,330 | |
| Radian Group | |
| 90,453 | | |
| 2,889,069 | |
| RBB Bancorp | |
| 9,749 | | |
| 151,889 | |
| Ready Capital ‡ | |
| 98,209 | | |
| 437,030 | |
| Red River Bancshares | |
| 2,726 | | |
| 143,660 | |
| Redwood Trust ‡ | |
| 80,000 | | |
| 496,800 | |
| Regional Management | |
| 5,077 | | |
| 167,186 | |
| Remitly Global * | |
| 90,675 | | |
| 1,833,448 | |
| Renasant | |
| 56,427 | | |
| 1,809,614 | |
| Repay Holdings, Cl A * | |
| 51,880 | | |
| 207,520 | |
| Republic Bancorp, Cl A | |
| 4,996 | | |
| 338,979 | |
| Root, Cl A * | |
| 5,246 | | |
| 732,709 | |
| S&T Bancorp | |
| 23,174 | | |
| 844,461 | |
| Safety Insurance Group | |
| 8,915 | | |
| 681,997 | |
The accompanying notes are an integral
part of the financial statements.
165
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Seacoast Banking Corp of Florida | |
| 51,337 | | |
$ | 1,217,200 | |
| Selective Insurance Group | |
| 36,934 | | |
| 3,221,753 | |
| Selectquote * | |
| 82,602 | | |
| 261,848 | |
| ServisFirst Bancshares | |
| 30,814 | | |
| 2,194,573 | |
| Seven Hills Realty Trust ‡ | |
| 7,700 | | |
| 91,861 | |
| Sezzle * | |
| 8,407 | | |
| 436,744 | |
| Shore Bancshares | |
| 18,396 | | |
| 254,417 | |
| Sierra Bancorp | |
| 7,818 | | |
| 206,864 | |
| Silvercrest Asset Management Group, Cl A | |
| 5,700 | | |
| 87,210 | |
| Simmons First National, Cl A | |
| 75,415 | | |
| 1,407,244 | |
| Skyward Specialty Insurance Group * | |
| 22,573 | | |
| 1,198,401 | |
| SmartFinancial | |
| 9,566 | | |
| 290,998 | |
| South Plains Financial | |
| 7,134 | | |
| 240,487 | |
| Southern California Bancorp * | |
| 14,716 | | |
| 205,583 | |
| Southern First Bancshares * | |
| 4,689 | | |
| 166,506 | |
| Southern Missouri Bancorp | |
| 5,732 | | |
| 301,790 | |
| Southern States Bancshares | |
| 5,089 | | |
| 170,023 | |
| Southside Bancshares | |
| 17,422 | | |
| 491,126 | |
| SouthState | |
| 59,369 | | |
| 5,152,042 | |
| Stellar Bancorp | |
| 29,784 | | |
| 743,409 | |
| StepStone Group, Cl A | |
| 40,390 | | |
| 2,019,904 | |
| Stewart Information Services | |
| 16,448 | | |
| 1,077,015 | |
| Stock Yards Bancorp | |
| 15,564 | | |
| 1,132,904 | |
| StoneX Group * | |
| 26,676 | | |
| 2,362,560 | |
| Sunrise Realty Trust ‡ | |
| 6,128 | | |
| 65,937 | |
| SWK Holdings | |
| 2,024 | | |
| 28,518 | |
| TeraWulf * (A) | |
| 162,670 | | |
| 452,223 | |
| Texas Capital Bancshares * | |
| 28,165 | | |
| 1,919,445 | |
| Third Coast Bancshares * | |
| 6,882 | | |
| 205,084 | |
| Timberland Bancorp | |
| 4,530 | | |
| 139,252 | |
| Tiptree | |
| 15,191 | | |
| 338,911 | |
| Tompkins Financial | |
| 7,724 | | |
| 460,350 | |
| Towne Bank | |
| 42,708 | | |
| 1,407,229 | |
| TPG RE Finance Trust ‡ | |
| 35,906 | | |
| 274,322 | |
| TriCo Bancshares | |
| 19,344 | | |
| 746,292 | |
| Triumph Financial * | |
| 13,395 | | |
| 715,561 | |
| Trupanion * | |
| 20,000 | | |
| 732,000 | |
| TrustCo Bank NY | |
| 11,329 | | |
| 344,968 | |
| Trustmark | |
| 36,980 | | |
| 1,240,679 | |
The accompanying notes are an integral
part of the financial statements.
166
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Two Harbors Investment ‡ | |
| 62,982 | | |
$ | 747,596 | |
| UMB Financial | |
| 41,391 | | |
| 3,914,347 | |
| United Bankshares | |
| 80,287 | | |
| 2,753,041 | |
| United Community Banks | |
| 72,650 | | |
| 2,005,866 | |
| United Fire Group | |
| 12,796 | | |
| 354,065 | |
| Unity Bancorp | |
| 4,227 | | |
| 174,998 | |
| Universal Insurance Holdings | |
| 14,348 | | |
| 347,796 | |
| Univest Financial | |
| 17,547 | | |
| 518,338 | |
| Upstart Holdings * | |
| 48,599 | | |
| 2,323,032 | |
| USCB Financial Holdings | |
| 6,258 | | |
| 106,136 | |
| Valley National Bancorp | |
| 287,770 | | |
| 2,474,822 | |
| Value Line | |
| 463 | | |
| 18,937 | |
| Velocity Financial * | |
| 5,457 | | |
| 97,517 | |
| Veritex Holdings | |
| 31,844 | | |
| 741,328 | |
| Victory Capital Holdings, Cl A | |
| 24,992 | | |
| 1,431,792 | |
| Virginia National Bankshares | |
| 2,844 | | |
| 104,602 | |
| Virtus Investment Partners | |
| 4,025 | | |
| 618,200 | |
| WaFd | |
| 49,123 | | |
| 1,401,479 | |
| Walker & Dunlop | |
| 19,525 | | |
| 1,494,443 | |
| Washington Trust Bancorp | |
| 11,639 | | |
| 321,236 | |
| Waterstone Financial | |
| 9,631 | | |
| 116,535 | |
| WesBanco | |
| 52,155 | | |
| 1,553,176 | |
| West BanCorp | |
| 9,657 | | |
| 187,394 | |
| Westamerica BanCorp | |
| 15,527 | | |
| 751,973 | |
| WisdomTree | |
| 81,453 | | |
| 708,641 | |
| World Acceptance * | |
| 2,061 | | |
| 266,116 | |
| WSFS Financial | |
| 35,547 | | |
| 1,832,448 | |
| | |
| | | |
| 268,535,411 | |
| Health Care — 17.0% | |
| | | |
| | |
| 2seventy bio * | |
| 29,577 | | |
| 147,589 | |
| 4D Molecular Therapeutics * | |
| 26,695 | | |
| 89,962 | |
| 89bio * | |
| 68,035 | | |
| 545,641 | |
| Absci * (A) | |
| 48,270 | | |
| 148,189 | |
| ACADIA Pharmaceuticals * | |
| 72,741 | | |
| 1,062,019 | |
| Accuray * | |
| 57,769 | | |
| 89,542 | |
| ACELYRIN * | |
| 44,188 | | |
| 109,144 | |
| Achieve Life Sciences * | |
| 20,778 | | |
| 54,023 | |
| Acrivon Therapeutics * | |
| 7,155 | | |
| 10,017 | |
The accompanying notes are an integral
part of the financial statements.
167
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Actinium Pharmaceuticals * | |
| 18,023 | | |
$ | 27,395 | |
| Acumen Pharmaceuticals * | |
| 25,409 | | |
| 28,712 | |
| AdaptHealth, Cl A * | |
| 61,798 | | |
| 525,901 | |
| Adaptive Biotechnologies * | |
| 70,315 | | |
| 517,518 | |
| Addus HomeCare * | |
| 10,572 | | |
| 1,105,303 | |
| ADMA Biologics * | |
| 139,453 | | |
| 3,318,981 | |
| Adverum Biotechnologies * | |
| 12,737 | | |
| 41,523 | |
| Aerovate Therapeutics | |
| 232 | | |
| 2,205 | |
| Agenus * | |
| 14,851 | | |
| 42,919 | |
| agilon health * | |
| 186,927 | | |
| 796,309 | |
| Agios Pharmaceuticals * | |
| 34,357 | | |
| 1,020,059 | |
| AirSculpt Technologies * | |
| 7,860 | | |
| 17,056 | |
| Akebia Therapeutics * | |
| 132,150 | | |
| 318,482 | |
| Akero Therapeutics * | |
| 45,280 | | |
| 2,065,221 | |
| Akoya Biosciences * (A) | |
| 16,461 | | |
| 19,753 | |
| Aldeyra Therapeutics * | |
| 30,112 | | |
| 79,797 | |
| Alector * | |
| 48,851 | | |
| 58,621 | |
| Alignment Healthcare * | |
| 60,838 | | |
| 1,078,049 | |
| Alkermes * | |
| 97,780 | | |
| 2,813,131 | |
| Allogene Therapeutics * | |
| 77,426 | | |
| 130,076 | |
| Alphatec Holdings * | |
| 62,892 | | |
| 690,554 | |
| Altimmune * | |
| 42,603 | | |
| 223,666 | |
| Alto Neuroscience * | |
| 12,876 | | |
| 32,061 | |
| Alumis * | |
| 13,384 | | |
| 55,410 | |
| ALX Oncology Holdings * | |
| 19,958 | | |
| 10,777 | |
| Amicus Therapeutics * | |
| 178,287 | | |
| 1,369,244 | |
| AMN Healthcare Services * | |
| 23,009 | | |
| 470,074 | |
| Amneal Pharmaceuticals * | |
| 96,506 | | |
| 739,236 | |
| Amphastar Pharmaceuticals * | |
| 22,959 | | |
| 560,429 | |
| AnaptysBio * | |
| 13,177 | | |
| 292,793 | |
| Anavex Life Sciences * (A) | |
| 45,627 | | |
| 433,457 | |
| AngioDynamics * | |
| 23,209 | | |
| 215,612 | |
| ANI Pharmaceuticals * | |
| 11,182 | | |
| 791,909 | |
| Anika Therapeutics * | |
| 7,895 | | |
| 114,714 | |
| Annexon * | |
| 57,807 | | |
| 107,521 | |
| Anteris Technologies Global * | |
| 8,774 | | |
| 43,431 | |
| Apogee Therapeutics * | |
| 22,903 | | |
| 898,943 | |
| Applied Therapeutics * | |
| 58,101 | | |
| 23,775 | |
| Aquestive Therapeutics * | |
| 44,857 | | |
| 131,207 | |
The accompanying notes are an integral
part of the financial statements.
168
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Arbutus Biopharma * | |
| 88,161 | | |
$ | 312,972 | |
| Arcellx * | |
| 26,569 | | |
| 1,725,657 | |
| Arcturus Therapeutics Holdings * | |
| 13,831 | | |
| 177,175 | |
| Arcus Biosciences * | |
| 32,648 | | |
| 285,670 | |
| Arcutis Biotherapeutics * | |
| 65,351 | | |
| 974,383 | |
| Ardelyx * | |
| 143,078 | | |
| 787,644 | |
| Ardent Health Partners * | |
| 14,240 | | |
| 181,275 | |
| ArriVent Biopharma * | |
| 17,183 | | |
| 365,311 | |
| Arrowhead Pharmaceuticals * | |
| 72,367 | | |
| 1,005,178 | |
| ARS Pharmaceuticals * (A) | |
| 29,888 | | |
| 417,535 | |
| Artivion * | |
| 24,094 | | |
| 570,787 | |
| Arvinas * | |
| 38,993 | | |
| 375,113 | |
| Astrana Health * | |
| 26,208 | | |
| 816,903 | |
| Astria Therapeutics * | |
| 28,161 | | |
| 145,311 | |
| Atea Pharmaceuticals * | |
| 46,517 | | |
| 137,225 | |
| Atossa Therapeutics * | |
| 76,413 | | |
| 68,611 | |
| AtriCure * | |
| 28,776 | | |
| 860,690 | |
| Aura Biosciences * | |
| 27,993 | | |
| 163,199 | |
| Avadel Pharmaceuticals * | |
| 56,126 | | |
| 498,960 | |
| Avanos Medical * | |
| 27,630 | | |
| 346,757 | |
| Aveanna Healthcare Holdings * | |
| 31,778 | | |
| 146,497 | |
| Avidity Biosciences * | |
| 68,977 | | |
| 2,252,099 | |
| Avita Medical * | |
| 15,912 | | |
| 154,187 | |
| Axogen * | |
| 25,779 | | |
| 419,424 | |
| Axsome Therapeutics * | |
| 22,358 | | |
| 2,510,580 | |
| Beam Therapeutics * | |
| 55,436 | | |
| 1,104,839 | |
| Beta Bionics Inc * (A) | |
| 7,840 | | |
| 86,632 | |
| Bicara Therapeutics * (A) | |
| 11,477 | | |
| 164,924 | |
| BioAge Labs * | |
| 7,047 | | |
| 29,597 | |
| BioCryst Pharmaceuticals * | |
| 125,599 | | |
| 1,111,551 | |
| Biohaven * | |
| 52,203 | | |
| 1,154,730 | |
| BioLife Solutions * | |
| 21,899 | | |
| 527,985 | |
| Biomea Fusion * | |
| 16,684 | | |
| 35,036 | |
| Biote, Cl A * | |
| 16,312 | | |
| 54,319 | |
| Bioventus, Cl A * | |
| 23,303 | | |
| 170,345 | |
| Black Diamond Therapeutics * | |
| 24,001 | | |
| 40,802 | |
| Bluebird Bio * | |
| 5,913 | | |
| 24,125 | |
| Blueprint Medicines * | |
| 38,604 | | |
| 3,455,058 | |
| Boundless Bio * | |
| 9,534 | | |
| 16,780 | |
The accompanying notes are an integral
part of the financial statements.
169
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Bridgebio Pharma * | |
| 85,347 | | |
$ | 3,273,911 | |
| BrightSpring Health Services * | |
| 33,162 | | |
| 581,330 | |
| Brookdale Senior Living * | |
| 116,089 | | |
| 761,544 | |
| C4 Therapeutics * | |
| 35,581 | | |
| 58,353 | |
| Cabaletta Bio * | |
| 26,877 | | |
| 35,478 | |
| CAMP4 Therapeutics * (A) | |
| 3,820 | | |
| 6,761 | |
| Candel Therapeutics * | |
| 16,901 | | |
| 82,984 | |
| Capricor Therapeutics * (A) | |
| 22,374 | | |
| 284,150 | |
| Cardiff Oncology * (A) | |
| 34,642 | | |
| 94,919 | |
| CareDx * | |
| 31,134 | | |
| 525,542 | |
| Cargo Therapeutics * | |
| 20,749 | | |
| 94,823 | |
| Caribou Biosciences * | |
| 49,385 | | |
| 42,022 | |
| Cartesian Therapeutics * (A) | |
| 6,071 | | |
| 72,852 | |
| Cassava Sciences * | |
| 24,529 | | |
| 38,265 | |
| Castle Biosciences * | |
| 15,962 | | |
| 320,038 | |
| Catalyst Pharmaceuticals * | |
| 68,643 | | |
| 1,667,338 | |
| Celcuity * | |
| 19,548 | | |
| 217,765 | |
| Celldex Therapeutics * | |
| 39,169 | | |
| 815,890 | |
| Century Therapeutics * | |
| 27,702 | | |
| 15,003 | |
| Ceribell * | |
| 7,337 | | |
| 118,052 | |
| Cerus * | |
| 109,441 | | |
| 144,462 | |
| CervoMed * | |
| 3,348 | | |
| 30,333 | |
| CG oncology * | |
| 32,843 | | |
| 884,790 | |
| ChromaDex * | |
| 29,599 | | |
| 232,352 | |
| Cibus, Cl A * (A) | |
| 11,816 | | |
| 25,404 | |
| Codexis * | |
| 48,076 | | |
| 110,575 | |
| Cogent Biosciences * | |
| 54,978 | | |
| 286,435 | |
| Coherus Biosciences * | |
| 67,376 | | |
| 69,397 | |
| Collegium Pharmaceutical * | |
| 19,447 | | |
| 524,972 | |
| Community Health Systems * | |
| 75,684 | | |
| 206,617 | |
| Compass Therapeutics * | |
| 61,601 | | |
| 114,578 | |
| Concentra Group Holdings Parent | |
| 66,879 | | |
| 1,454,618 | |
| Conduit Pharmaceuticals * | |
| 95 | | |
| 53 | |
| CONMED | |
| 18,757 | | |
| 921,156 | |
| Contineum Therapeutics, Cl A * | |
| 6,145 | | |
| 25,256 | |
| Corbus Pharmaceuticals Holdings * | |
| 6,900 | | |
| 51,543 | |
| Corcept Therapeutics * | |
| 49,090 | | |
| 3,528,589 | |
| CorMedix * | |
| 36,985 | | |
| 339,892 | |
| CorVel * | |
| 16,121 | | |
| 1,753,320 | |
The accompanying notes are an integral
part of the financial statements.
170
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Crinetics Pharmaceuticals * | |
| 55,663 | | |
$ | 1,858,588 | |
| Cross Country Healthcare * | |
| 19,247 | | |
| 260,797 | |
| CryoPort * | |
| 26,086 | | |
| 145,560 | |
| Cullinan Therapeutics * | |
| 31,863 | | |
| 263,826 | |
| CVRx * | |
| 8,864 | | |
| 64,884 | |
| Cytek Biosciences * | |
| 72,758 | | |
| 269,932 | |
| Cytokinetics * | |
| 69,398 | | |
| 2,973,010 | |
| Day One Biopharmaceuticals * | |
| 33,465 | | |
| 260,358 | |
| Definitive Healthcare, Cl A * | |
| 32,235 | | |
| 87,679 | |
| Denali Therapeutics * | |
| 75,537 | | |
| 1,257,691 | |
| Design Therapeutics * | |
| 18,907 | | |
| 91,888 | |
| Dianthus Therapeutics * | |
| 14,359 | | |
| 313,744 | |
| Disc Medicine, Cl A * | |
| 13,803 | | |
| 682,144 | |
| DocGo * | |
| 61,388 | | |
| 136,895 | |
| Dynavax Technologies * | |
| 80,097 | | |
| 941,140 | |
| Dyne Therapeutics * | |
| 50,782 | | |
| 598,720 | |
| Edgewise Therapeutics * | |
| 44,648 | | |
| 732,227 | |
| Editas Medicine, Cl A * | |
| 49,980 | | |
| 82,467 | |
| Elevation Oncology * | |
| 29,739 | | |
| 11,051 | |
| Eliem Therapeutics * (A) | |
| 17,788 | | |
| 23,836 | |
| Embecta | |
| 35,232 | | |
| 429,478 | |
| Enanta Pharmaceuticals * | |
| 12,142 | | |
| 73,945 | |
| Enhabit * | |
| 30,085 | | |
| 240,379 | |
| Enliven Therapeutics * (A) | |
| 22,249 | | |
| 421,396 | |
| Ensign Group | |
| 33,694 | | |
| 4,346,189 | |
| Entrada Therapeutics * | |
| 14,935 | | |
| 136,357 | |
| Erasca * | |
| 109,808 | | |
| 160,320 | |
| Esperion Therapeutics * | |
| 113,437 | | |
| 113,369 | |
| Evolent Health, Cl A * | |
| 70,039 | | |
| 690,585 | |
| Evolus * | |
| 34,085 | | |
| 388,569 | |
| EyePoint Pharmaceuticals * | |
| 39,940 | | |
| 272,391 | |
| Fate Therapeutics * | |
| 60,456 | | |
| 77,384 | |
| Fibrobiologics * (A) | |
| 16,780 | | |
| 18,794 | |
| Foghorn Therapeutics * | |
| 15,232 | | |
| 63,974 | |
| Fractyl Health * (A) | |
| 20,525 | | |
| 26,067 | |
| Fulcrum Therapeutics * | |
| 31,932 | | |
| 122,938 | |
| Fulgent Genetics * | |
| 12,352 | | |
| 214,307 | |
| Galectin Therapeutics * | |
| 4,439 | | |
| 6,081 | |
| GeneDx Holdings, Cl A * | |
| 7,768 | | |
| 519,291 | |
The accompanying notes are an integral
part of the financial statements.
171
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Generation Bio * | |
| 30,229 | | |
$ | 13,092 | |
| Geron * | |
| 359,307 | | |
| 506,623 | |
| Glaukos * | |
| 29,714 | | |
| 2,800,545 | |
| Greenwich Lifesciences * (A) | |
| 3,672 | | |
| 37,087 | |
| Guardant Health * | |
| 72,626 | | |
| 3,430,126 | |
| Gyre Therapeutics * (A) | |
| 4,203 | | |
| 41,021 | |
| Haemonetics * | |
| 30,145 | | |
| 1,899,738 | |
| Halozyme Therapeutics * | |
| 75,727 | | |
| 4,651,152 | |
| Harmony Biosciences Holdings * | |
| 23,048 | | |
| 679,225 | |
| Harrow * | |
| 18,559 | | |
| 459,706 | |
| Harvard Bioscience * | |
| 25,545 | | |
| 9,102 | |
| Health Catalyst * | |
| 36,421 | | |
| 143,863 | |
| HealthEquity * | |
| 52,089 | | |
| 4,465,069 | |
| HealthStream | |
| 14,803 | | |
| 497,825 | |
| Heron Therapeutics * (A) | |
| 70,858 | | |
| 171,476 | |
| HilleVax * | |
| 19,430 | | |
| 37,694 | |
| Hims & Hers Health * | |
| 117,345 | | |
| 3,884,120 | |
| Humacyte * | |
| 53,257 | | |
| 77,223 | |
| ICU Medical * | |
| 13,023 | | |
| 1,778,812 | |
| Ideaya Biosciences * | |
| 52,366 | | |
| 1,054,128 | |
| IGM Biosciences * | |
| 9,181 | | |
| 12,716 | |
| ImmunityBio * (A) | |
| 91,364 | | |
| 229,324 | |
| Immunome * | |
| 43,147 | | |
| 379,262 | |
| Immunovant * | |
| 35,236 | | |
| 569,061 | |
| InfuSystem Holdings * | |
| 11,951 | | |
| 56,409 | |
| Inhibrx Biosciences * | |
| 7,033 | | |
| 86,717 | |
| Inmode * | |
| 39,959 | | |
| 563,422 | |
| Inmune Bio * (A) | |
| 8,108 | | |
| 63,729 | |
| Innovage Holding * | |
| 11,790 | | |
| 36,903 | |
| Innoviva * | |
| 33,570 | | |
| 627,423 | |
| Inogen * | |
| 14,449 | | |
| 103,021 | |
| Inovio Pharmaceuticals * | |
| 20,985 | | |
| 40,711 | |
| Inozyme Pharma * | |
| 31,322 | | |
| 36,020 | |
| Insmed * | |
| 104,645 | | |
| 7,534,440 | |
| Integer Holdings * | |
| 20,248 | | |
| 2,557,525 | |
| Integra LifeSciences Holdings * | |
| 41,153 | | |
| 674,498 | |
| Intellia Therapeutics * (A) | |
| 61,645 | | |
| 546,791 | |
| Invivyd * | |
| 48,751 | | |
| 30,723 | |
| Iovance Biotherapeutics * | |
| 166,732 | | |
| 598,568 | |
The accompanying notes are an integral
part of the financial statements.
172
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| iRadimed | |
| 4,862 | | |
$ | 254,817 | |
| iRhythm Technologies * | |
| 18,987 | | |
| 2,029,520 | |
| Ironwood Pharmaceuticals, Cl A * | |
| 84,878 | | |
| 79,132 | |
| iTeos Therapeutics * | |
| 16,133 | | |
| 116,964 | |
| Janux Therapeutics * | |
| 19,180 | | |
| 636,776 | |
| Jasper Therapeutics * | |
| 6,896 | | |
| 37,859 | |
| Joint * | |
| 6,614 | | |
| 66,206 | |
| KalVista Pharmaceuticals * | |
| 23,752 | | |
| 327,065 | |
| Keros Therapeutics * | |
| 20,169 | | |
| 291,240 | |
| Kiniksa Pharmaceuticals International, Cl A * | |
| 23,385 | | |
| 630,693 | |
| Kodiak Sciences * | |
| 19,608 | | |
| 85,491 | |
| Korro Bio * | |
| 3,692 | | |
| 65,533 | |
| Krystal Biotech * | |
| 15,063 | | |
| 2,558,902 | |
| Kura Oncology * | |
| 45,196 | | |
| 296,486 | |
| Kymera Therapeutics * | |
| 28,544 | | |
| 978,203 | |
| Kyverna Therapeutics * | |
| 15,048 | | |
| 34,761 | |
| Lantheus Holdings * | |
| 41,803 | | |
| 4,361,725 | |
| Larimar Therapeutics * | |
| 25,447 | | |
| 67,435 | |
| LeMaitre Vascular | |
| 12,309 | | |
| 1,116,919 | |
| LENZ Therapeutics * (A) | |
| 7,593 | | |
| 216,514 | |
| Lexeo Therapeutics * | |
| 14,237 | | |
| 55,951 | |
| Lexicon Pharmaceuticals * | |
| 69,363 | | |
| 50,690 | |
| Lifecore Biomedical * | |
| 14,921 | | |
| 100,866 | |
| LifeMD * | |
| 22,514 | | |
| 165,703 | |
| LifeStance Health Group * | |
| 84,667 | | |
| 556,262 | |
| Ligand Pharmaceuticals * | |
| 10,883 | | |
| 1,195,606 | |
| Lineage Cell Therapeutics * | |
| 105,098 | | |
| 52,444 | |
| Liquidia * | |
| 38,495 | | |
| 537,775 | |
| LivaNova * | |
| 33,146 | | |
| 1,226,402 | |
| Lyell Immunopharma * | |
| 97,175 | | |
| 46,178 | |
| Lyra Therapeutics * | |
| 29,290 | | |
| 3,480 | |
| MacroGenics * | |
| 36,879 | | |
| 63,985 | |
| Madrigal Pharmaceuticals * | |
| 10,914 | | |
| 3,644,294 | |
| MannKind * | |
| 162,890 | | |
| 820,966 | |
| Maravai LifeSciences Holdings, Cl A * | |
| 66,270 | | |
| 133,865 | |
| MaxCyte * | |
| 63,210 | | |
| 179,516 | |
| Maze Therapeutics Inc * | |
| 5,186 | | |
| 47,971 | |
| MBX Biosciences * (A) | |
| 6,715 | | |
| 70,440 | |
| MeiraGTx Holdings * | |
| 28,802 | | |
| 204,206 | |
The accompanying notes are an integral
part of the financial statements.
173
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Merit Medical Systems * | |
| 34,745 | | |
$ | 3,281,665 | |
| Mersana Therapeutics * | |
| 69,355 | | |
| 30,024 | |
| Mesa Laboratories | |
| 3,150 | | |
| 363,038 | |
| Metagenomi * | |
| 16,048 | | |
| 27,763 | |
| Metsera Inc * (A) | |
| 9,211 | | |
| 222,077 | |
| MiMedx Group * | |
| 72,018 | | |
| 495,484 | |
| Mind Medicine MindMed * (A) | |
| 44,859 | | |
| 286,649 | |
| Mineralys Therapeutics * | |
| 17,238 | | |
| 244,952 | |
| Mirum Pharmaceuticals * | |
| 24,143 | | |
| 1,049,013 | |
| ModivCare * | |
| 6,715 | | |
| 7,991 | |
| Monte Rosa Therapeutics * | |
| 24,840 | | |
| 121,964 | |
| Myriad Genetics * | |
| 54,315 | | |
| 402,474 | |
| National HealthCare | |
| 7,554 | | |
| 713,777 | |
| National Research | |
| 9,051 | | |
| 102,819 | |
| Nautilus Biotechnology, Cl A * | |
| 29,398 | | |
| 20,243 | |
| Nektar Therapeutics, Cl A * | |
| 107,872 | | |
| 85,812 | |
| Neogen * | |
| 131,824 | | |
| 665,711 | |
| NeoGenomics * | |
| 77,333 | | |
| 494,545 | |
| Neumora Therapeutics * | |
| 50,483 | | |
| 39,367 | |
| Neurogene * | |
| 7,051 | | |
| 105,765 | |
| NeuroPace * | |
| 8,735 | | |
| 102,112 | |
| Nkarta * | |
| 31,994 | | |
| 67,827 | |
| Novavax * (A) | |
| 93,518 | | |
| 623,765 | |
| Novocure * | |
| 64,721 | | |
| 1,174,039 | |
| Nurix Therapeutics * | |
| 45,719 | | |
| 527,140 | |
| Nuvalent, Cl A * | |
| 21,348 | | |
| 1,638,459 | |
| Nuvation Bio * | |
| 109,550 | | |
| 246,488 | |
| Ocugen * | |
| 177,978 | | |
| 132,985 | |
| Ocular Therapeutix * | |
| 95,702 | | |
| 794,327 | |
| Olema Pharmaceuticals * | |
| 24,153 | | |
| 124,629 | |
| Omeros * (A) | |
| 33,541 | | |
| 246,526 | |
| OmniAb * | |
| 58,573 | | |
| 99,574 | |
| Omnicell * | |
| 27,749 | | |
| 867,434 | |
| OPKO Health * | |
| 194,831 | | |
| 268,867 | |
| OptimizeRx * | |
| 10,762 | | |
| 98,149 | |
| Option Care Health * | |
| 104,171 | | |
| 3,365,765 | |
| OraSure Technologies * | |
| 43,608 | | |
| 130,388 | |
| Orchestra BioMed Holdings * | |
| 15,179 | | |
| 45,082 | |
| Organogenesis Holdings, Cl A * | |
| 41,174 | | |
| 202,164 | |
The accompanying notes are an integral
part of the financial statements.
174
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| ORIC Pharmaceuticals * | |
| 36,936 | | |
$ | 210,905 | |
| Orthofix Medical * | |
| 20,748 | | |
| 288,605 | |
| OrthoPediatrics * | |
| 10,080 | | |
| 209,866 | |
| Outlook Therapeutics * (A) | |
| 9,141 | | |
| 14,351 | |
| Ovid therapeutics * | |
| 37,335 | | |
| 12,212 | |
| Owens & Minor * | |
| 46,032 | | |
| 324,986 | |
| Pacific Biosciences of California * (A) | |
| 164,131 | | |
| 182,185 | |
| Pacira BioSciences * | |
| 27,795 | | |
| 747,686 | |
| PACS Group * | |
| 23,501 | | |
| 226,315 | |
| Pediatrix Medical Group * | |
| 52,276 | | |
| 673,315 | |
| Pennant Group * | |
| 19,831 | | |
| 508,070 | |
| PepGen * (A) | |
| 9,374 | | |
| 14,717 | |
| Performant Financial * | |
| 42,893 | | |
| 101,227 | |
| Perspective Therapeutics * | |
| 32,655 | | |
| 80,005 | |
| Phathom Pharmaceuticals * (A) | |
| 24,569 | | |
| 105,401 | |
| Phibro Animal Health, Cl A | |
| 12,283 | | |
| 228,587 | |
| Phreesia * | |
| 33,878 | | |
| 845,595 | |
| Pliant Therapeutics * | |
| 34,280 | | |
| 54,505 | |
| Praxis Precision Medicines * | |
| 10,448 | | |
| 393,263 | |
| Precigen * (A) | |
| 82,358 | | |
| 128,478 | |
| Prelude Therapeutics * | |
| 7,955 | | |
| 7,634 | |
| Prestige Consumer Healthcare * | |
| 30,081 | | |
| 2,443,480 | |
| Prime Medicine * (A) | |
| 34,275 | | |
| 59,296 | |
| Privia Health Group * | |
| 62,685 | | |
| 1,471,844 | |
| PROCEPT BioRobotics * | |
| 27,069 | | |
| 1,461,185 | |
| Progyny * | |
| 45,314 | | |
| 1,034,972 | |
| ProKidney, Cl A * | |
| 67,398 | | |
| 59,688 | |
| Protagonist Therapeutics * | |
| 36,078 | | |
| 1,653,094 | |
| PTC Therapeutics * | |
| 46,251 | | |
| 2,305,150 | |
| Pulmonx * | |
| 22,850 | | |
| 110,366 | |
| Pulse Biosciences * (A) | |
| 11,081 | | |
| 188,599 | |
| Puma Biotechnology * | |
| 25,095 | | |
| 79,802 | |
| Pyxis Oncology * | |
| 29,531 | | |
| 32,484 | |
| Q32 Bio * | |
| 3,653 | | |
| 5,845 | |
| Quanterix * | |
| 21,584 | | |
| 124,324 | |
| Quantum-Si * (A) | |
| 71,215 | | |
| 81,185 | |
| Quipt Home Medical * | |
| 21,840 | | |
| 46,956 | |
| RadNet * | |
| 40,153 | | |
| 2,103,214 | |
| Rapport Therapeutics * | |
| 10,023 | | |
| 114,763 | |
The accompanying notes are an integral
part of the financial statements.
175
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| RAPT Therapeutics * | |
| 18,023 | | |
$ | 16,704 | |
| Recursion Pharmaceuticals, Cl A * (A) | |
| 152,421 | | |
| 852,033 | |
| REGENXBIO * | |
| 28,417 | | |
| 273,087 | |
| Regulus Therapeutics * | |
| 38,702 | | |
| 308,842 | |
| Relay Therapeutics * | |
| 76,928 | | |
| 256,170 | |
| Renovaro * | |
| 68,491 | | |
| 24,636 | |
| Replimune Group, Cl Rights * | |
| 41,792 | | |
| 408,726 | |
| REVOLUTION Medicines * | |
| 103,376 | | |
| 4,174,323 | |
| Rhythm Pharmaceuticals * | |
| 33,249 | | |
| 2,167,502 | |
| Rigel Pharmaceuticals * | |
| 10,472 | | |
| 204,832 | |
| Rocket Pharmaceuticals * | |
| 47,017 | | |
| 358,740 | |
| RxSight * | |
| 22,438 | | |
| 330,287 | |
| Sage Therapeutics * | |
| 33,090 | | |
| 241,226 | |
| Sana Biotechnology * (A) | |
| 79,972 | | |
| 151,947 | |
| Sanara Medtech * | |
| 2,399 | | |
| 76,624 | |
| Savara * | |
| 73,645 | | |
| 235,664 | |
| Scholar Rock Holding * | |
| 48,843 | | |
| 1,607,423 | |
| Schrodinger * | |
| 33,698 | | |
| 863,680 | |
| scPharmaceuticals * | |
| 23,208 | | |
| 59,180 | |
| Select Medical Holdings | |
| 65,791 | | |
| 1,200,028 | |
| Semler Scientific * | |
| 3,999 | | |
| 129,288 | |
| Septerna, Inc. * (A) | |
| 11,089 | | |
| 77,179 | |
| Sera Prognostics, Cl A * | |
| 16,685 | | |
| 49,054 | |
| Shattuck Labs * | |
| 23,932 | | |
| 23,669 | |
| SI-BONE * | |
| 25,037 | | |
| 341,755 | |
| SIGA Technologies | |
| 27,848 | | |
| 153,721 | |
| Sight Sciences * | |
| 21,336 | | |
| 65,075 | |
| Simulations Plus | |
| 9,578 | | |
| 329,004 | |
| Skye Bioscience * (A) | |
| 12,450 | | |
| 27,141 | |
| Soleno Therapeutics * | |
| 15,549 | | |
| 1,163,998 | |
| Solid Biosciences * | |
| 13,616 | | |
| 45,069 | |
| Sonida Senior Living * | |
| 2,805 | | |
| 65,132 | |
| SpringWorks Therapeutics * | |
| 41,754 | | |
| 1,933,210 | |
| Spyre Therapeutics * | |
| 24,393 | | |
| 371,505 | |
| STAAR Surgical * | |
| 30,034 | | |
| 548,421 | |
| Standard BioTools * | |
| 177,903 | | |
| 197,472 | |
| Stereotaxis * | |
| 33,155 | | |
| 66,310 | |
| Stoke Therapeutics * | |
| 21,498 | | |
| 209,820 | |
| Summit Therapeutics * (A) | |
| 55,882 | | |
| 1,347,874 | |
The accompanying notes are an integral
part of the financial statements.
176
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Supernus Pharmaceuticals * | |
| 30,528 | | |
$ | 991,549 | |
| Surgery Partners * | |
| 46,684 | | |
| 1,024,714 | |
| Surmodics * | |
| 8,295 | | |
| 232,343 | |
| Sutro Biopharma * | |
| 49,457 | | |
| 51,930 | |
| Syndax Pharmaceuticals * | |
| 49,877 | | |
| 705,760 | |
| Tactile Systems Technology * | |
| 14,609 | | |
| 206,279 | |
| Talkspace * | |
| 73,758 | | |
| 226,437 | |
| Tandem Diabetes Care * | |
| 39,954 | | |
| 673,225 | |
| Tango Therapeutics * | |
| 28,944 | | |
| 40,811 | |
| Tarsus Pharmaceuticals * | |
| 22,623 | | |
| 1,174,360 | |
| Taysha Gene Therapies * | |
| 107,375 | | |
| 208,308 | |
| Teladoc Health * | |
| 104,378 | | |
| 750,478 | |
| Telomir Pharmaceuticals * (A) | |
| 11,269 | | |
| 28,736 | |
| Tenaya Therapeutics * | |
| 33,370 | | |
| 15,851 | |
| Terns Pharmaceuticals * | |
| 41,969 | | |
| 138,498 | |
| Tevogen Bio Holdings * (A) | |
| 14,281 | | |
| 14,709 | |
| TG Therapeutics * | |
| 84,759 | | |
| 3,857,382 | |
| Theravance Biopharma * | |
| 22,202 | | |
| 216,914 | |
| Third Harmonic Bio * | |
| 13,879 | | |
| 71,754 | |
| Tourmaline Bio * | |
| 13,970 | | |
| 240,424 | |
| TransMedics Group * | |
| 19,868 | | |
| 1,828,055 | |
| Travere Therapeutics * | |
| 51,135 | | |
| 1,064,119 | |
| Treace Medical Concepts * | |
| 29,521 | | |
| 209,009 | |
| Trevi Therapeutics * | |
| 45,493 | | |
| 314,357 | |
| TScan Therapeutics * | |
| 23,459 | | |
| 37,652 | |
| Twist Bioscience * | |
| 36,016 | | |
| 1,380,133 | |
| Tyra Biosciences * | |
| 11,616 | | |
| 119,645 | |
| UFP Technologies * | |
| 4,415 | | |
| 920,704 | |
| Upstream Bio * (A) | |
| 10,398 | | |
| 96,285 | |
| UroGen Pharma * | |
| 23,541 | | |
| 274,017 | |
| US Physical Therapy | |
| 9,082 | | |
| 645,821 | |
| Utah Medical Products | |
| 1,865 | | |
| 96,514 | |
| Vanda Pharmaceuticals * | |
| 34,388 | | |
| 155,090 | |
| Varex Imaging * | |
| 23,975 | | |
| 199,472 | |
| Vaxcyte * | |
| 75,401 | | |
| 2,702,372 | |
| Ventyx Biosciences * | |
| 36,778 | | |
| 48,915 | |
| Vera Therapeutics, Cl A * | |
| 27,511 | | |
| 642,932 | |
| Veracyte * | |
| 47,328 | | |
| 1,443,504 | |
| Verastem * | |
| 23,475 | | |
| 175,828 | |
The accompanying notes are an integral
part of the financial statements.
177
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Vericel * | |
| 29,845 | | |
$ | 1,134,707 | |
| Verrica Pharmaceuticals * | |
| 21,812 | | |
| 10,125 | |
| Verve Therapeutics * | |
| 42,950 | | |
| 243,527 | |
| Viemed Healthcare * | |
| 20,660 | | |
| 146,066 | |
| Vir Biotechnology * | |
| 55,391 | | |
| 338,993 | |
| Viridian Therapeutics * | |
| 45,262 | | |
| 613,300 | |
| Voyager Therapeutics * | |
| 27,772 | | |
| 98,868 | |
| WaVe Life Sciences * | |
| 58,833 | | |
| 454,191 | |
| Waystar Holding * | |
| 47,724 | | |
| 1,773,901 | |
| Werewolf Therapeutics * | |
| 18,821 | | |
| 16,982 | |
| X4 Pharmaceuticals * | |
| 3,389 | | |
| 14,607 | |
| XBiotech * | |
| 12,026 | | |
| 36,559 | |
| Xencor * | |
| 40,930 | | |
| 451,049 | |
| Xeris Biopharma Holdings * | |
| 84,764 | | |
| 387,371 | |
| XOMA Royalty * | |
| 4,921 | | |
| 118,301 | |
| Y-mAbs Therapeutics * | |
| 22,325 | | |
| 94,881 | |
| Zenas Biopharma * (A) | |
| 9,071 | | |
| 105,042 | |
| Zentalis Pharmaceuticals * | |
| 34,525 | | |
| 49,026 | |
| Zevra Therapeutics * | |
| 32,101 | | |
| 235,300 | |
| Zimvie * | |
| 16,376 | | |
| 148,367 | |
| Zymeworks * | |
| 33,171 | | |
| 431,555 | |
| Zynex * (A) | |
| 9,239 | | |
| 15,337 | |
| | |
| | | |
| 240,477,460 | |
| Industrials — 17.3% | |
| | | |
| | |
| 374Water * | |
| 39,500 | | |
| 12,996 | |
| 3D Systems * | |
| 77,108 | | |
| 141,879 | |
| AAR * | |
| 21,232 | | |
| 1,135,063 | |
| ABM Industries | |
| 37,745 | | |
| 1,839,691 | |
| ACCO Brands | |
| 54,279 | | |
| 209,517 | |
| ACV Auctions, Cl A * | |
| 89,913 | | |
| 1,320,822 | |
| AeroVironment * | |
| 17,031 | | |
| 2,580,537 | |
| AerSale * | |
| 20,315 | | |
| 141,596 | |
| Alamo Group | |
| 6,227 | | |
| 1,039,784 | |
| Albany International, Cl A | |
| 18,967 | | |
| 1,247,270 | |
| Alight, Cl A | |
| 255,002 | | |
| 1,303,060 | |
| Allegiant Travel | |
| 9,413 | | |
| 441,752 | |
| Allient | |
| 8,821 | | |
| 188,328 | |
| Alta Equipment Group | |
| 16,209 | | |
| 68,888 | |
The accompanying notes are an integral
part of the financial statements.
178
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Ameresco, Cl A * | |
| 19,355 | | |
$ | 205,744 | |
| American Superconductor * | |
| 21,180 | | |
| 420,423 | |
| American Woodmark * | |
| 9,145 | | |
| 539,555 | |
| Amprius Technologies * | |
| 9,918 | | |
| 21,423 | |
| Apogee Enterprises | |
| 13,261 | | |
| 526,064 | |
| Applied Industrial Technologies | |
| 23,346 | | |
| 5,679,615 | |
| ArcBest | |
| 14,288 | | |
| 836,134 | |
| Archer Aviation, Cl A * | |
| 196,171 | | |
| 1,634,104 | |
| Arcosa | |
| 29,470 | | |
| 2,359,663 | |
| Argan | |
| 7,679 | | |
| 1,175,885 | |
| Aris Water Solutions, Cl A | |
| 16,295 | | |
| 406,723 | |
| Array Technologies * | |
| 92,841 | | |
| 443,780 | |
| Astec Industries | |
| 13,825 | | |
| 500,880 | |
| Astronics * | |
| 17,661 | | |
| 400,728 | |
| Asure Software * | |
| 14,943 | | |
| 151,821 | |
| Atkore | |
| 21,076 | | |
| 1,346,124 | |
| Atmus Filtration Technologies | |
| 50,900 | | |
| 1,764,703 | |
| AZZ, Inc. | |
| 17,801 | | |
| 1,544,415 | |
| Barrett Business Services | |
| 15,502 | | |
| 628,761 | |
| BlackSky Technology, Cl A * | |
| 15,310 | | |
| 127,992 | |
| Blade Air Mobility * | |
| 35,076 | | |
| 92,951 | |
| Blink Charging * (A) | |
| 58,126 | | |
| 42,554 | |
| Bloom Energy, Cl A * | |
| 122,062 | | |
| 2,236,176 | |
| Blue Bird * | |
| 19,526 | | |
| 680,872 | |
| BlueLinx Holdings * | |
| 4,989 | | |
| 324,983 | |
| Boise Cascade | |
| 23,347 | | |
| 2,177,808 | |
| Bowman Consulting Group, Cl A * | |
| 7,882 | | |
| 174,350 | |
| Bridger Aerospace Group Holdings * | |
| 5,660 | | |
| 8,207 | |
| BrightView Holdings * | |
| 36,281 | | |
| 497,775 | |
| Brink’s | |
| 26,628 | | |
| 2,376,283 | |
| Byrna Technologies * | |
| 10,407 | | |
| 233,013 | |
| Cadre Holdings | |
| 15,838 | | |
| 461,678 | |
| Caesarstone * | |
| 12,553 | | |
| 32,512 | |
| Casella Waste Systems, Cl A * | |
| 37,908 | | |
| 4,452,295 | |
| CBIZ * | |
| 29,108 | | |
| 1,982,255 | |
| CECO Environmental * | |
| 17,646 | | |
| 419,798 | |
| Centuri Holdings * (A) | |
| 10,201 | | |
| 183,210 | |
| ChargePoint Holdings * | |
| 241,601 | | |
| 150,469 | |
| Chart Industries * | |
| 26,097 | | |
| 3,522,573 | |
The accompanying notes are an integral
part of the financial statements.
179
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Columbus McKinnon | |
| 17,027 | | |
$ | 252,851 | |
| Commercial Vehicle Group * | |
| 19,988 | | |
| 19,194 | |
| CompX International | |
| 887 | | |
| 24,126 | |
| Concrete Pumping Holdings | |
| 14,435 | | |
| 86,610 | |
| Conduent * | |
| 93,119 | | |
| 196,481 | |
| Construction Partners, Cl A * | |
| 28,069 | | |
| 2,305,588 | |
| CoreCivic * | |
| 66,200 | | |
| 1,498,768 | |
| Covenant Logistics Group, Cl A | |
| 9,671 | | |
| 192,453 | |
| CRA International | |
| 3,987 | | |
| 646,691 | |
| CSG Systems International | |
| 17,493 | | |
| 1,051,854 | |
| CSW Industrials | |
| 10,170 | | |
| 3,177,922 | |
| Custom Truck One Source * | |
| 29,383 | | |
| 118,413 | |
| Deluxe | |
| 26,878 | | |
| 392,419 | |
| Distribution Solutions Group * | |
| 6,280 | | |
| 163,531 | |
| DLH Holdings * | |
| 5,239 | | |
| 20,642 | |
| DNOW * | |
| 64,109 | | |
| 1,017,410 | |
| Douglas Dynamics | |
| 13,657 | | |
| 327,495 | |
| Driven Brands Holdings * | |
| 36,380 | | |
| 600,998 | |
| Ducommun * | |
| 8,224 | | |
| 471,400 | |
| DXP Enterprises * | |
| 7,485 | | |
| 662,123 | |
| Dycom Industries * | |
| 17,247 | | |
| 2,889,735 | |
| Eastern | |
| 3,221 | | |
| 67,609 | |
| Energy Recovery * | |
| 34,495 | | |
| 532,948 | |
| Energy Vault Holdings * | |
| 62,035 | | |
| 46,415 | |
| Enerpac Tool Group, Cl A | |
| 33,042 | | |
| 1,333,906 | |
| EnerSys | |
| 23,941 | | |
| 2,073,291 | |
| Ennis | |
| 15,337 | | |
| 275,299 | |
| Enovix * (A) | |
| 100,069 | | |
| 670,462 | |
| Enpro | |
| 12,719 | | |
| 1,900,219 | |
| Enviri * | |
| 48,362 | | |
| 332,247 | |
| ESCO Technologies | |
| 15,720 | | |
| 2,459,394 | |
| Eve Holding * (A) | |
| 32,323 | | |
| 115,070 | |
| EVI Industries | |
| 3,848 | | |
| 62,068 | |
| ExlService Holdings * | |
| 95,424 | | |
| 4,626,156 | |
| Exponent | |
| 30,696 | | |
| 2,415,161 | |
| Federal Signal | |
| 36,517 | | |
| 2,973,579 | |
| First Advantage * | |
| 36,395 | | |
| 513,170 | |
| FiscalNote Holdings * | |
| 42,943 | | |
| 26,058 | |
| Fluence Energy, Cl A * (A) | |
| 37,350 | | |
| 152,762 | |
The accompanying notes are an integral
part of the financial statements.
180
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Fluor * | |
| 103,666 | | |
$ | 3,616,907 | |
| Forrester Research * | |
| 7,046 | | |
| 65,880 | |
| Forward Air * | |
| 15,011 | | |
| 220,962 | |
| Franklin Covey * | |
| 6,771 | | |
| 137,519 | |
| Franklin Electric | |
| 27,512 | | |
| 2,337,420 | |
| Frontier Group Holdings * | |
| 25,328 | | |
| 75,477 | |
| FTAI Aviation | |
| 61,655 | | |
| 6,603,867 | |
| FTAI Infrastructure | |
| 60,461 | | |
| 261,192 | |
| FuelCell Energy * | |
| 12,067 | | |
| 49,475 | |
| GATX | |
| 21,671 | | |
| 3,163,099 | |
| Genco Shipping & Trading | |
| 25,331 | | |
| 328,290 | |
| Gencor Industries * | |
| 6,160 | | |
| 78,170 | |
| GEO Group * | |
| 77,296 | | |
| 2,417,819 | |
| Gibraltar Industries * | |
| 18,594 | | |
| 984,552 | |
| Global Industrial | |
| 8,211 | | |
| 210,858 | |
| GMS * | |
| 23,631 | | |
| 1,731,207 | |
| Gorman-Rupp | |
| 12,743 | | |
| 456,964 | |
| GrafTech International * | |
| 156,350 | | |
| 98,970 | |
| Graham * | |
| 6,146 | | |
| 187,330 | |
| Granite Construction | |
| 26,745 | | |
| 2,174,101 | |
| Great Lakes Dredge & Dock * | |
| 40,222 | | |
| 365,618 | |
| Greenbrier | |
| 18,661 | | |
| 791,600 | |
| Griffon | |
| 23,853 | | |
| 1,624,628 | |
| H&E Equipment Services | |
| 19,598 | | |
| 1,760,096 | |
| Healthcare Services Group * | |
| 44,712 | | |
| 635,358 | |
| Heartland Express | |
| 27,963 | | |
| 212,519 | |
| Heidrick & Struggles International | |
| 12,250 | | |
| 477,995 | |
| Helios Technologies | |
| 20,192 | | |
| 550,434 | |
| Herc Holdings | |
| 17,096 | | |
| 1,870,986 | |
| Hertz Global Holdings * (A) | |
| 74,177 | | |
| 505,887 | |
| Hillenbrand | |
| 42,696 | | |
| 863,740 | |
| Hillman Solutions * | |
| 118,766 | | |
| 830,174 | |
| HireQuest | |
| 3,368 | | |
| 34,623 | |
| HNI | |
| 28,856 | | |
| 1,220,609 | |
| Hub Group, Cl A | |
| 36,412 | | |
| 1,150,255 | |
| Hudson Technologies * | |
| 26,837 | | |
| 179,540 | |
| Huron Consulting Group * | |
| 10,650 | | |
| 1,435,514 | |
| Hyliion Holdings * | |
| 83,732 | | |
| 126,435 | |
| Hyster-Yale | |
| 6,896 | | |
| 265,013 | |
The accompanying notes are an integral
part of the financial statements.
181
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| IBEX Holdings * | |
| 5,083 | | |
$ | 127,278 | |
| ICF International | |
| 11,341 | | |
| 963,531 | |
| IES Holdings * | |
| 5,002 | | |
| 983,793 | |
| Innodata * | |
| 16,424 | | |
| 621,156 | |
| Insperity | |
| 21,751 | | |
| 1,414,033 | |
| Insteel Industries | |
| 11,305 | | |
| 383,353 | |
| Interface, Cl A | |
| 34,820 | | |
| 654,616 | |
| Intuitive Machines * | |
| 25,592 | | |
| 209,854 | |
| Janus International Group * | |
| 83,248 | | |
| 572,746 | |
| JELD-WEN Holding * | |
| 51,590 | | |
| 284,777 | |
| JetBlue Airways * | |
| 189,485 | | |
| 826,155 | |
| Joby Aviation * | |
| 262,517 | | |
| 1,653,857 | |
| John Bean Technologies | |
| 28,516 | | |
| 3,001,594 | |
| Kadant | |
| 7,104 | | |
| 2,095,680 | |
| Karat Packaging | |
| 4,135 | | |
| 109,081 | |
| Kelly Services, Cl A | |
| 18,736 | | |
| 216,401 | |
| Kennametal | |
| 47,342 | | |
| 922,222 | |
| Kforce | |
| 11,080 | | |
| 423,256 | |
| Korn Ferry | |
| 31,177 | | |
| 1,923,621 | |
| Kratos Defense & Security Solutions * | |
| 89,835 | | |
| 3,035,075 | |
| L B Foster, Cl A * | |
| 5,445 | | |
| 108,737 | |
| LanzaTech Global * (A) | |
| 67,679 | | |
| 16,568 | |
| Legalzoom.com * | |
| 76,544 | | |
| 560,302 | |
| Leonardo DRS | |
| 44,724 | | |
| 1,652,999 | |
| Limbach Holdings * | |
| 6,185 | | |
| 592,152 | |
| Lindsay | |
| 6,589 | | |
| 850,376 | |
| Liquidity Services * | |
| 13,042 | | |
| 414,475 | |
| LSI Industries | |
| 17,318 | | |
| 261,329 | |
| Manitowoc * | |
| 20,659 | | |
| 162,793 | |
| Marten Transport | |
| 35,279 | | |
| 452,982 | |
| Masterbrand * | |
| 77,031 | | |
| 935,927 | |
| Matrix Service * | |
| 15,900 | | |
| 184,440 | |
| Matson | |
| 19,841 | | |
| 2,164,455 | |
| Matthews International, Cl A | |
| 18,116 | | |
| 370,472 | |
| Maximus | |
| 34,675 | | |
| 2,321,838 | |
| Mayville Engineering * | |
| 7,670 | | |
| 98,023 | |
| McGrath RentCorp | |
| 14,826 | | |
| 1,581,489 | |
| Mercury Systems * | |
| 31,594 | | |
| 1,579,700 | |
| Miller Industries | |
| 6,692 | | |
| 273,101 | |
The accompanying notes are an integral
part of the financial statements.
182
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| MillerKnoll | |
| 41,290 | | |
$ | 677,156 | |
| Mistras Group * | |
| 12,661 | | |
| 115,468 | |
| Montrose Environmental Group * | |
| 19,412 | | |
| 283,998 | |
| Moog, Cl A | |
| 17,004 | | |
| 2,843,919 | |
| MRC Global * | |
| 51,188 | | |
| 596,340 | |
| Mueller Industries | |
| 67,838 | | |
| 4,990,163 | |
| Mueller Water Products, Cl A | |
| 94,353 | | |
| 2,475,823 | |
| MYR Group * | |
| 9,726 | | |
| 1,189,684 | |
| NANO Nuclear Energy * (A) | |
| 14,923 | | |
| 339,498 | |
| National Presto Industries | |
| 3,132 | | |
| 264,184 | |
| Net Power * | |
| 12,905 | | |
| 21,939 | |
| NEXTracker, Cl A * | |
| 87,561 | | |
| 3,555,852 | |
| NL Industries | |
| 5,102 | | |
| 43,775 | |
| NN * | |
| 27,831 | | |
| 55,940 | |
| Northwest Pipe *(B) | |
| 5,817 | | |
| 246,408 | |
| NuScale Power * | |
| 54,844 | | |
| 908,765 | |
| NV5 Global * | |
| 34,686 | | |
| 643,425 | |
| Omega Flex | |
| 2,138 | | |
| 64,054 | |
| OPENLANE * | |
| 64,191 | | |
| 1,188,175 | |
| Orion Group Holdings * | |
| 21,614 | | |
| 138,113 | |
| PAM Transportation Services * | |
| 3,606 | | |
| 50,376 | |
| Pangaea Logistics Solutions | |
| 21,546 | | |
| 86,830 | |
| Park Aerospace | |
| 10,990 | | |
| 143,639 | |
| Park-Ohio Holdings | |
| 5,500 | | |
| 109,505 | |
| Perma-Fix Environmental Services * | |
| 9,985 | | |
| 81,877 | |
| Pitney Bowes | |
| 99,333 | | |
| 862,210 | |
| Planet Labs PBC * | |
| 133,781 | | |
| 440,139 | |
| Plug Power * (A) | |
| 501,690 | | |
| 437,775 | |
| Powell Industries | |
| 5,681 | | |
| 1,040,248 | |
| Preformed Line Products | |
| 1,476 | | |
| 202,758 | |
| Primoris Services | |
| 32,464 | | |
| 1,946,866 | |
| Proficient Auto Logistics * (A) | |
| 12,625 | | |
| 104,914 | |
| Proto Labs * | |
| 14,930 | | |
| 524,939 | |
| Quad | |
| 18,681 | | |
| 89,108 | |
| Quanex Building Products | |
| 28,667 | | |
| 471,285 | |
| Quest Resource Holding * | |
| 10,588 | | |
| 24,988 | |
| Radiant Logistics * | |
| 21,367 | | |
| 124,997 | |
| Redwire * (A) | |
| 13,541 | | |
| 145,972 | |
| Resideo Technologies * | |
| 88,739 | | |
| 1,489,040 | |
The accompanying notes are an integral
part of the financial statements.
183
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Resolute Holdings Management * (A) | |
| 1,254 | | |
$ | 33,820 | |
| Resources Connection | |
| 19,503 | | |
| 111,850 | |
| REV Group | |
| 31,218 | | |
| 1,020,829 | |
| Rocket Lab USA * (A) | |
| 214,298 | | |
| 4,669,553 | |
| Rush Enterprises, Cl A | |
| 36,954 | | |
| 1,884,284 | |
| Rush Enterprises, Cl B | |
| 5,318 | | |
| 307,593 | |
| RXO * | |
| 96,912 | | |
| 1,365,490 | |
| SES AI * (A) | |
| 77,714 | | |
| 69,849 | |
| Shoals Technologies Group, Cl A * | |
| 102,048 | | |
| 368,393 | |
| Shyft Group | |
| 20,436 | | |
| 172,889 | |
| Sky Harbour Group, Cl A * (A) | |
| 6,986 | | |
| 74,541 | |
| SkyWest * | |
| 24,062 | | |
| 2,145,609 | |
| SolarMax Technology * (A) | |
| 16,816 | | |
| 19,843 | |
| Solidion Technology * | |
| 25,772 | | |
| 2,796 | |
| Southland Holdings * | |
| 6,123 | | |
| 19,839 | |
| Spire Global * (A) | |
| 13,449 | | |
| 126,286 | |
| SPX Technologies * | |
| 27,333 | | |
| 3,666,722 | |
| Standex International | |
| 7,060 | | |
| 998,425 | |
| Steelcase, Cl A | |
| 56,165 | | |
| 557,157 | |
| Stem * (A) | |
| 91,884 | | |
| 49,700 | |
| Sterling Infrastructure * | |
| 18,116 | | |
| 2,707,074 | |
| Sun Country Airlines Holdings * | |
| 23,708 | | |
| 232,338 | |
| Sunrun * | |
| 134,082 | | |
| 923,825 | |
| Taylor Devices * | |
| 1,708 | | |
| 54,485 | |
| Tecnoglass | |
| 13,657 | | |
| 973,334 | |
| Tennant | |
| 11,457 | | |
| 826,737 | |
| Terex | |
| 40,487 | | |
| 1,425,142 | |
| Thermon Group Holdings * | |
| 20,254 | | |
| 531,262 | |
| Titan International * | |
| 30,148 | | |
| 221,588 | |
| Titan Machinery *(B) | |
| 12,547 | | |
| 208,155 | |
| TPI Composites * (A) | |
| 27,889 | | |
| 25,499 | |
| Transcat * | |
| 5,590 | | |
| 443,455 | |
| TriNet Group | |
| 19,418 | | |
| 1,521,012 | |
| Trinity Industries | |
| 49,668 | | |
| 1,246,667 | |
| Triumph Group * | |
| 44,595 | | |
| 1,132,713 | |
| TrueBlue * | |
| 17,508 | | |
| 75,985 | |
| TTEC Holdings | |
| 11,790 | | |
| 47,160 | |
| Tutor Perini * | |
| 26,257 | | |
| 563,475 | |
| Twin Disc | |
| 6,868 | | |
| 50,411 | |
The accompanying notes are an integral
part of the financial statements.
184
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| UFP Industries | |
| 36,260 | | |
$ | 3,584,301 | |
| Ultralife * | |
| 6,034 | | |
| 27,032 | |
| UniFirst | |
| 9,147 | | |
| 1,632,465 | |
| Universal Logistics Holdings | |
| 4,077 | | |
| 88,634 | |
| Upwork * | |
| 75,724 | | |
| 995,771 | |
| V2X * | |
| 10,079 | | |
| 501,531 | |
| Verra Mobility, Cl A * | |
| 100,083 | | |
| 2,181,809 | |
| Viad * | |
| 12,446 | | |
| 364,543 | |
| Vicor * | |
| 13,803 | | |
| 550,809 | |
| Virco Mfg | |
| 6,717 | | |
| 61,729 | |
| Virgin Galactic Holdings * (A) | |
| 15,701 | | |
| 45,376 | |
| VirTra * | |
| 6,457 | | |
| 30,219 | |
| VSE | |
| 10,699 | | |
| 1,225,249 | |
| Wabash National | |
| 25,724 | | |
| 177,753 | |
| Watts Water Technologies, Cl A | |
| 16,632 | | |
| 3,455,298 | |
| Werner Enterprises | |
| 37,497 | | |
| 924,676 | |
| Wheels Up Experience * (A) | |
| 54,244 | | |
| 62,381 | |
| Willdan Group * | |
| 7,753 | | |
| 303,918 | |
| Willis Lease Finance | |
| 1,717 | | |
| 265,654 | |
| Worthington Enterprises | |
| 19,132 | | |
| 968,653 | |
| Xometry, Cl A * | |
| 26,592 | | |
| 681,819 | |
| Zurn Elkay Water Solutions | |
| 87,463 | | |
| 2,970,243 | |
| | |
| | | |
| 245,229,113 | |
| Information Technology — 12.0% | |
| | | |
| | |
| 8x8 * | |
| 80,216 | | |
| 141,982 | |
| 908 Devices * (A) | |
| 14,093 | | |
| 76,525 | |
| A10 Networks | |
| 43,126 | | |
| 710,716 | |
| ACI Worldwide * | |
| 64,033 | | |
| 3,416,801 | |
| ACM Research, Cl A * | |
| 31,252 | | |
| 608,476 | |
| Adeia | |
| 65,828 | | |
| 810,343 | |
| ADTRAN Holdings * | |
| 47,905 | | |
| 366,952 | |
| Advanced Energy Industries | |
| 22,730 | | |
| 2,214,129 | |
| Aehr Test Systems * (A) | |
| 17,378 | | |
| 148,234 | |
| Aeva Technologies * | |
| 13,858 | | |
| 98,530 | |
| Agilysys * | |
| 13,699 | | |
| 1,018,521 | |
| Airship AI Holdings * | |
| 4,415 | | |
| 17,174 | |
| Alarm.com Holdings * | |
| 28,765 | | |
| 1,541,804 | |
| Alkami Technology * | |
| 36,873 | | |
| 984,140 | |
The accompanying notes are an integral
part of the financial statements.
185
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Alpha & Omega Semiconductor * | |
| 14,303 | | |
$ | 269,326 | |
| Ambarella * | |
| 23,393 | | |
| 1,122,630 | |
| Amplitude, Cl A * | |
| 47,505 | | |
| 436,571 | |
| Appian, Cl A * | |
| 24,424 | | |
| 758,365 | |
| Applied Digital * (A) | |
| 120,535 | | |
| 547,229 | |
| Applied Optoelectronics * | |
| 26,272 | | |
| 336,019 | |
| Arlo Technologies * | |
| 59,347 | | |
| 583,381 | |
| Arteris * | |
| 17,164 | | |
| 114,312 | |
| Asana, Cl A * | |
| 49,421 | | |
| 797,655 | |
| ASGN * | |
| 26,241 | | |
| 1,322,022 | |
| AudioEye * | |
| 4,955 | | |
| 53,762 | |
| Aurora Innovation, Cl A * | |
| 582,821 | | |
| 4,219,624 | |
| AvePoint * | |
| 78,269 | | |
| 1,279,698 | |
| Aviat Networks * | |
| 6,891 | | |
| 121,006 | |
| Axcelis Technologies * | |
| 19,765 | | |
| 968,090 | |
| Backblaze, Cl A * | |
| 27,349 | | |
| 120,336 | |
| Badger Meter | |
| 17,844 | | |
| 3,940,312 | |
| Bel Fuse, Cl A | |
| 1,083 | | |
| 66,496 | |
| Bel Fuse, Cl B | |
| 6,262 | | |
| 411,852 | |
| Belden | |
| 24,618 | | |
| 2,538,362 | |
| Benchmark Electronics | |
| 21,658 | | |
| 704,535 | |
| BigBear.ai Holdings * (A) | |
| 62,449 | | |
| 212,951 | |
| BigCommerce Holdings * | |
| 42,809 | | |
| 221,751 | |
| Bit Digital * | |
| 74,235 | | |
| 144,016 | |
| Blackbaud * | |
| 23,914 | | |
| 1,447,754 | |
| BlackLine * | |
| 35,448 | | |
| 1,674,209 | |
| Blend Labs, Cl A * | |
| 146,075 | | |
| 489,351 | |
| Box, Cl A * | |
| 85,516 | | |
| 2,669,810 | |
| Braze, Cl A * | |
| 40,064 | | |
| 1,247,192 | |
| C3.ai, Cl A * | |
| 68,317 | | |
| 1,503,657 | |
| Calix * | |
| 36,147 | | |
| 1,478,774 | |
| Cerence * | |
| 25,944 | | |
| 235,053 | |
| CEVA * | |
| 14,217 | | |
| 372,628 | |
| Cipher Mining * | |
| 122,897 | | |
| 350,256 | |
| Cleanspark * (A) | |
| 167,725 | | |
| 1,370,313 | |
| Clear Secure, Cl A | |
| 53,912 | | |
| 1,330,548 | |
| Clearfield * | |
| 7,290 | | |
| 209,004 | |
| Clearwater Analytics Holdings, Cl A * | |
| 120,189 | | |
| 2,733,098 | |
| Climb Global Solutions | |
| 2,539 | | |
| 267,611 | |
The accompanying notes are an integral
part of the financial statements.
186
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Cohu * | |
| 27,858 | | |
$ | 445,728 | |
| CommScope Holding * | |
| 129,693 | | |
| 485,052 | |
| CommVault Systems * | |
| 26,497 | | |
| 4,428,444 | |
| CompoSecure, Cl A | |
| 14,832 | | |
| 163,004 | |
| Consensus Cloud Solutions * | |
| 10,912 | | |
| 216,712 | |
| Core Scientific * | |
| 108,139 | | |
| 875,926 | |
| Corsair Gaming * | |
| 26,969 | | |
| 190,941 | |
| Couchbase * | |
| 24,605 | | |
| 434,032 | |
| CPI Card Group * | |
| 2,956 | | |
| 77,270 | |
| Credo Technology Group Holding * | |
| 86,108 | | |
| 3,706,949 | |
| CS Disco * | |
| 17,715 | | |
| 66,077 | |
| CTS | |
| 18,266 | | |
| 695,569 | |
| Daily Journal * | |
| 836 | | |
| 316,827 | |
| Daktronics * | |
| 24,848 | | |
| 315,321 | |
| Diebold Nixdorf * | |
| 15,320 | | |
| 679,136 | |
| Digi International * | |
| 21,991 | | |
| 598,155 | |
| Digimarc * (A) | |
| 9,162 | | |
| 119,931 | |
| Digital Turbine * | |
| 59,773 | | |
| 179,319 | |
| DigitalOcean Holdings * | |
| 40,411 | | |
| 1,248,700 | |
| Diodes * | |
| 27,727 | | |
| 1,064,717 | |
| Domo, Cl B * | |
| 21,312 | | |
| 158,348 | |
| E2open Parent Holdings * | |
| 123,431 | | |
| 243,159 | |
| Eastman Kodak * | |
| 36,332 | | |
| 228,528 | |
| eGain * | |
| 10,264 | | |
| 52,757 | |
| ePlus * | |
| 15,968 | | |
| 995,764 | |
| EverCommerce * | |
| 12,682 | | |
| 123,776 | |
| Everspin Technologies * | |
| 11,755 | | |
| 62,302 | |
| Evolv Technologies Holdings * (A) | |
| 80,659 | | |
| 354,093 | |
| Extreme Networks * | |
| 78,385 | | |
| 1,031,547 | |
| FARO Technologies * | |
| 11,352 | | |
| 333,862 | |
| Fastly, Cl A * | |
| 80,163 | | |
| 460,937 | |
| FormFactor * | |
| 47,046 | | |
| 1,323,874 | |
| Freshworks, Cl A * | |
| 125,602 | | |
| 1,855,142 | |
| GCT Semiconductor Holding * (A) | |
| 4,862 | | |
| 6,758 | |
| Grid Dynamics Holdings * | |
| 37,387 | | |
| 529,400 | |
| Hackett Group | |
| 15,356 | | |
| 392,192 | |
| Harmonic * | |
| 67,019 | | |
| 601,831 | |
| I3 Verticals, Cl A * | |
| 13,828 | | |
| 347,359 | |
| Ichor Holdings * | |
| 20,149 | | |
| 398,547 | |
The accompanying notes are an integral
part of the financial statements.
187
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Immersion | |
| 18,323 | | |
$ | 132,475 | |
| Impinj * | |
| 13,936 | | |
| 1,283,924 | |
| Information Services Group | |
| 21,783 | | |
| 84,518 | |
| Insight Enterprises * | |
| 16,535 | | |
| 2,286,460 | |
| Intapp * | |
| 32,395 | | |
| 1,757,753 | |
| InterDigital | |
| 15,359 | | |
| 3,087,159 | |
| IonQ * (A) | |
| 123,388 | | |
| 3,388,234 | |
| Itron * | |
| 27,430 | | |
| 3,052,685 | |
| Jamf Holding * | |
| 50,355 | | |
| 582,607 | |
| Kaltura * | |
| 58,873 | | |
| 126,577 | |
| Kimball Electronics * | |
| 14,823 | | |
| 212,562 | |
| Knowles * | |
| 52,725 | | |
| 829,892 | |
| Life360 * | |
| 6,400 | | |
| 274,560 | |
| Lightwave Logic * (A) | |
| 72,085 | | |
| 64,163 | |
| LiveRamp Holdings * | |
| 39,061 | | |
| 1,021,836 | |
| MARA Holdings * (A) | |
| 207,122 | | |
| 2,769,221 | |
| MaxLinear, Cl A * | |
| 48,467 | | |
| 484,185 | |
| Meridianlink * | |
| 19,913 | | |
| 336,729 | |
| Methode Electronics | |
| 21,250 | | |
| 133,238 | |
| MicroVision * (A) | |
| 125,857 | | |
| 142,218 | |
| Mirion Technologies, Cl A * | |
| 125,467 | | |
| 1,979,869 | |
| Mitek Systems * | |
| 27,321 | | |
| 226,218 | |
| N-able * | |
| 44,019 | | |
| 310,774 | |
| Napco Security Technologies | |
| 21,410 | | |
| 489,219 | |
| Navitas Semiconductor, Cl A * | |
| 79,046 | | |
| 152,559 | |
| NCR Voyix * | |
| 88,499 | | |
| 758,436 | |
| NETGEAR * | |
| 16,945 | | |
| 408,713 | |
| NetScout Systems * | |
| 42,068 | | |
| 884,269 | |
| NextNav * | |
| 48,544 | | |
| 602,916 | |
| nLight * | |
| 27,848 | | |
| 214,708 | |
| Novanta * | |
| 21,787 | | |
| 2,589,603 | |
| NVE | |
| 2,907 | | |
| 168,926 | |
| Olo, Cl A * | |
| 64,761 | | |
| 401,518 | |
| ON24 * | |
| 16,636 | | |
| 77,856 | |
| OneSpan (B) | |
| 23,099 | | |
| 343,482 | |
| Ooma * | |
| 14,966 | | |
| 183,034 | |
| OSI Systems * | |
| 9,636 | | |
| 1,972,875 | |
| Ouster * | |
| 28,616 | | |
| 212,617 | |
| Pagaya Technologies, Cl A * | |
| 21,982 | | |
| 240,923 | |
The accompanying notes are an integral
part of the financial statements.
188
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| PagerDuty * | |
| 52,435 | | |
$ | 813,267 | |
| PAR Technology * | |
| 20,437 | | |
| 1,193,521 | |
| PC Connection | |
| 7,057 | | |
| 437,816 | |
| PDF Solutions * | |
| 18,929 | | |
| 347,347 | |
| Photronics * | |
| 37,378 | | |
| 682,896 | |
| Plexus * | |
| 16,243 | | |
| 1,988,631 | |
| Porch Group * | |
| 48,218 | | |
| 279,664 | |
| Power Integrations | |
| 34,382 | | |
| 1,688,844 | |
| Powerfleet NJ * | |
| 61,060 | | |
| 307,742 | |
| Progress Software | |
| 26,179 | | |
| 1,569,693 | |
| PROS Holdings * | |
| 27,783 | | |
| 474,534 | |
| Q2 Holdings * | |
| 35,730 | | |
| 2,831,603 | |
| Qualys * | |
| 22,544 | | |
| 2,834,006 | |
| QuickLogic * (A) | |
| 8,318 | | |
| 47,496 | |
| Rackspace Technology * | |
| 40,492 | | |
| 55,069 | |
| Rambus * | |
| 64,876 | | |
| 3,165,300 | |
| Rapid7 * | |
| 38,014 | | |
| 897,891 | |
| Red Violet | |
| 6,654 | | |
| 259,905 | |
| Rekor Systems * (A) | |
| 44,594 | | |
| 46,824 | |
| ReposiTrak (A) | |
| 7,115 | | |
| 153,684 | |
| Ribbon Communications * | |
| 55,440 | | |
| 177,962 | |
| Richardson Electronics | |
| 7,409 | | |
| 64,162 | |
| Rigetti Computing * (A) | |
| 114,905 | | |
| 1,019,207 | |
| Rimini Street * | |
| 31,778 | | |
| 112,176 | |
| Riot Platforms * | |
| 188,965 | | |
| 1,368,107 | |
| Roadzen * (A) | |
| 22,036 | | |
| 21,315 | |
| Rogers * | |
| 11,429 | | |
| 706,427 | |
| Sanmina * | |
| 32,619 | | |
| 2,504,813 | |
| ScanSource * | |
| 14,180 | | |
| 467,798 | |
| SEMrush Holdings, Cl A * | |
| 22,286 | | |
| 229,100 | |
| Semtech * | |
| 44,953 | | |
| 1,404,781 | |
| Silicon Laboratories * | |
| 19,468 | | |
| 1,981,064 | |
| Silvaco Group * | |
| 3,651 | | |
| 19,423 | |
| SiTime * | |
| 11,293 | | |
| 1,658,490 | |
| SkyWater Technology * | |
| 16,451 | | |
| 116,638 | |
| SMART Global Holdings * | |
| 31,614 | | |
| 539,651 | |
| SmartRent, Cl A * | |
| 108,421 | | |
| 103,336 | |
| SoundHound AI, Cl A * (A) | |
| 196,686 | | |
| 1,827,213 | |
| SoundThinking * | |
| 5,895 | | |
| 91,490 | |
The accompanying notes are an integral
part of the financial statements.
189
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| Sprinklr, Cl A * | |
| 70,821 | | |
$ | 544,614 | |
| Sprout Social, Cl A * | |
| 30,448 | | |
| 636,668 | |
| SPS Commerce * | |
| 22,885 | | |
| 3,284,226 | |
| Synaptics * | |
| 24,057 | | |
| 1,339,013 | |
| Telos *(B) | |
| 33,055 | | |
| 90,240 | |
| Tenable Holdings * | |
| 72,447 | | |
| 2,214,705 | |
| TTM Technologies * | |
| 61,354 | | |
| 1,228,307 | |
| Tucows, Cl A * | |
| 4,838 | | |
| 78,666 | |
| Turtle Beach * | |
| 9,792 | | |
| 113,098 | |
| Ultra Clean Holdings * | |
| 26,950 | | |
| 504,100 | |
| Unisys * | |
| 39,536 | | |
| 156,958 | |
| Varonis Systems, Cl B * | |
| 66,944 | | |
| 2,867,881 | |
| Veeco Instruments * | |
| 33,716 | | |
| 630,489 | |
| Verint Systems * | |
| 36,887 | | |
| 650,687 | |
| Vertex, Cl A * | |
| 33,533 | | |
| 1,342,326 | |
| Viant Technology, Cl A * | |
| 9,191 | | |
| 131,523 | |
| Viasat * | |
| 75,264 | | |
| 697,697 | |
| Viavi Solutions * | |
| 133,785 | | |
| 1,415,445 | |
| Vishay Intertechnology | |
| 75,349 | | |
| 978,784 | |
| Vishay Precision Group * | |
| 7,199 | | |
| 179,543 | |
| Weave Communications * | |
| 24,139 | | |
| 255,873 | |
| WM Technology * | |
| 51,371 | | |
| 66,269 | |
| Workiva, Cl A * | |
| 31,037 | | |
| 2,336,155 | |
| Xerox Holdings | |
| 71,003 | | |
| 313,123 | |
| Xperi * | |
| 26,760 | | |
| 197,756 | |
| Yext * | |
| 64,697 | | |
| 439,940 | |
| Zeta Global Holdings, Cl A * | |
| 108,591 | | |
| 1,418,198 | |
| | |
| | | |
| 169,502,553 | |
| Materials — 3.7% | |
| | | |
| | |
| AdvanSix | |
| 15,589 | | |
| 333,916 | |
| Alpha Metallurgical Resources * | |
| 6,683 | | |
| 810,982 | |
| American Vanguard | |
| 15,168 | | |
| 64,009 | |
| Ardagh Metal Packaging | |
| 87,324 | | |
| 323,972 | |
| Arq * | |
| 17,964 | | |
| 68,084 | |
| ASP Isotopes * (A) | |
| 33,388 | | |
| 176,289 | |
| Aspen Aerogels * | |
| 36,940 | | |
| 199,476 | |
| Avient | |
| 54,864 | | |
| 1,827,520 | |
| Balchem | |
| 19,629 | | |
| 3,072,920 | |
The accompanying notes are an integral
part of the financial statements.
190
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| Cabot | |
| 32,200 | | |
$ | 2,528,988 | |
| Carpenter Technology | |
| 29,203 | | |
| 5,712,399 | |
| Century Aluminum * | |
| 32,041 | | |
| 525,793 | |
| Clearwater Paper * | |
| 9,714 | | |
| 260,918 | |
| Coeur Mining * | |
| 379,583 | | |
| 2,106,686 | |
| Commercial Metals | |
| 69,175 | | |
| 3,081,054 | |
| Compass Minerals International | |
| 20,852 | | |
| 280,251 | |
| Constellium, Cl A * | |
| 78,534 | | |
| 793,979 | |
| Contango ORE * | |
| 6,143 | | |
| 86,371 | |
| Core Molding Technologies * | |
| 4,544 | | |
| 69,887 | |
| Dakota Gold * | |
| 41,388 | | |
| 111,748 | |
| Ecovyst * | |
| 70,713 | | |
| 422,864 | |
| Greif, Cl A | |
| 15,161 | | |
| 795,649 | |
| Greif, Cl B | |
| 2,928 | | |
| 162,709 | |
| Hawkins | |
| 11,750 | | |
| 1,430,915 | |
| HB Fuller | |
| 33,264 | | |
| 1,797,587 | |
| Hecla Mining | |
| 362,895 | | |
| 2,075,759 | |
| Ingevity * | |
| 21,994 | | |
| 725,362 | |
| Innospec | |
| 15,148 | | |
| 1,355,443 | |
| Intrepid Potash * | |
| 6,640 | | |
| 219,386 | |
| Ivanhoe Electric * | |
| 51,002 | | |
| 321,313 | |
| Kaiser Aluminum | |
| 9,688 | | |
| 624,488 | |
| Knife River * | |
| 34,495 | | |
| 3,221,143 | |
| Koppers Holdings | |
| 11,954 | | |
| 299,567 | |
| Kronos Worldwide | |
| 13,117 | | |
| 101,132 | |
| LSB Industries * | |
| 32,193 | | |
| 205,391 | |
| Materion | |
| 12,491 | | |
| 1,036,878 | |
| Mativ Holdings | |
| 32,440 | | |
| 165,768 | |
| Metallus * | |
| 25,247 | | |
| 319,374 | |
| Minerals Technologies | |
| 19,278 | | |
| 994,552 | |
| Myers Industries | |
| 22,593 | | |
| 237,226 | |
| Northern Technologies International | |
| 4,820 | | |
| 35,909 | |
| O-I Glass * | |
| 94,152 | | |
| 1,191,964 | |
| Olympic Steel | |
| 5,942 | | |
| 191,629 | |
| Perimeter Solutions * | |
| 80,959 | | |
| 820,115 | |
| Perpetua Resources * | |
| 25,645 | | |
| 377,751 | |
| Piedmont Lithium * (A) | |
| 10,960 | | |
| 81,981 | |
| PureCycle Technologies * (A) | |
| 74,862 | | |
| 502,324 | |
| Quaker Chemical | |
| 8,400 | | |
| 889,896 | |
The accompanying notes are an integral
part of the financial statements.
191
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Materials — continued | |
| | | |
| | |
| Radius Recycling, Cl A | |
| 16,042 | | |
$ | 470,512 | |
| Ramaco Resources, Cl A | |
| 15,998 | | |
| 161,260 | |
| Ramaco Resources, Cl B | |
| 3,581 | | |
| 32,838 | |
| Ranpak Holdings, Cl A * | |
| 27,527 | | |
| 113,136 | |
| Rayonier Advanced Materials * | |
| 38,626 | | |
| 164,547 | |
| Ryerson Holding | |
| 16,401 | | |
| 383,455 | |
| Sensient Technologies | |
| 25,588 | | |
| 2,403,993 | |
| Smith-Midland * | |
| 2,691 | | |
| 80,703 | |
| Stepan | |
| 12,961 | | |
| 655,308 | |
| SunCoke Energy | |
| 50,862 | | |
| 460,810 | |
| Sylvamo | |
| 21,138 | | |
| 1,260,247 | |
| Tredegar * | |
| 16,058 | | |
| 124,771 | |
| TriMas | |
| 24,637 | | |
| 592,520 | |
| Tronox Holdings, Cl A | |
| 72,234 | | |
| 390,786 | |
| United States Lime & Minerals | |
| 6,366 | | |
| 595,285 | |
| Valhi | |
| 1,489 | | |
| 25,670 | |
| Warrior Met Coal | |
| 31,499 | | |
| 1,506,282 | |
| Worthington Steel | |
| 19,784 | | |
| 507,657 | |
| | |
| | | |
| 52,969,097 | |
| Real Estate — 6.2% | |
| | | |
| | |
| Acadia Realty Trust ‡ | |
| 71,196 | | |
| 1,359,844 | |
| Alexander & Baldwin ‡ | |
| 44,149 | | |
| 758,480 | |
| Alexander’s ‡ | |
| 1,310 | | |
| 270,384 | |
| Alpine Income Property Trust ‡ | |
| 7,540 | | |
| 116,493 | |
| American Assets Trust ‡ | |
| 29,103 | | |
| 545,099 | |
| American Healthcare REIT ‡ | |
| 92,324 | | |
| 2,980,219 | |
| American Realty Investors * | |
| 873 | | |
| 10,555 | |
| Anywhere Real Estate * | |
| 59,254 | | |
| 205,019 | |
| Apartment Investment and Management, Cl A ‡ | |
| 84,356 | | |
| 667,256 | |
| Apple Hospitality REIT ‡ | |
| 138,494 | | |
| 1,630,074 | |
| Armada Hoffler Properties ‡ | |
| 47,992 | | |
| 324,906 | |
| Braemar Hotels & Resorts ‡ | |
| 39,706 | | |
| 74,250 | |
| Brandywine Realty Trust ‡ | |
| 103,009 | | |
| 407,916 | |
| Broadstone Net Lease, Cl A ‡ | |
| 114,582 | | |
| 1,853,937 | |
| BRT Apartments ‡ | |
| 6,838 | | |
| 105,784 | |
| CareTrust REIT ‡ | |
| 114,204 | | |
| 3,342,751 | |
| CBL & Associates Properties ‡ | |
| 13,299 | | |
| 312,128 | |
| Centerspace ‡ | |
| 10,010 | | |
| 604,204 | |
The accompanying notes are an integral
part of the financial statements.
192
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Chatham Lodging Trust ‡ | |
| 29,084 | | |
$ | 199,807 | |
| City Office REIT ‡ | |
| 23,414 | | |
| 118,943 | |
| Clipper Realty ‡ | |
| 7,193 | | |
| 25,895 | |
| Community Healthcare Trust ‡ | |
| 16,321 | | |
| 278,763 | |
| Compass, Cl A * | |
| 223,720 | | |
| 1,727,118 | |
| COPT Defense Properties ‡ | |
| 68,389 | | |
| 1,785,637 | |
| CTO Realty Growth ‡ | |
| 17,594 | | |
| 321,442 | |
| Curbline Properties ‡ | |
| 57,719 | | |
| 1,321,188 | |
| Cushman & Wakefield * | |
| 139,142 | | |
| 1,303,761 | |
| DiamondRock Hospitality ‡ | |
| 125,798 | | |
| 923,357 | |
| Diversified Healthcare Trust ‡ | |
| 131,963 | | |
| 298,236 | |
| Douglas Emmett ‡ | |
| 98,130 | | |
| 1,357,138 | |
| Easterly Government Properties, Cl A ‡ | |
| 24,197 | | |
| 488,053 | |
| Elme Communities ‡ | |
| 53,206 | | |
| 828,417 | |
| Empire State Realty Trust, Cl A ‡ | |
| 82,351 | | |
| 586,339 | |
| Essential Properties Realty Trust ‡ | |
| 106,523 | | |
| 3,426,845 | |
| eXp World Holdings (A) | |
| 49,784 | | |
| 456,021 | |
| Farmland Partners ‡ | |
| 26,560 | | |
| 267,194 | |
| Forestar Group * | |
| 11,475 | | |
| 221,008 | |
| Four Corners Property Trust ‡ | |
| 58,612 | | |
| 1,638,205 | |
| Franklin Street Properties ‡ | |
| 59,007 | | |
| 93,231 | |
| FrontView REIT ‡ | |
| 8,609 | | |
| 107,096 | |
| FRP Holdings * | |
| 8,039 | | |
| 213,717 | |
| Getty Realty ‡ | |
| 30,671 | | |
| 858,481 | |
| Gladstone Commercial ‡ | |
| 26,537 | | |
| 374,968 | |
| Gladstone Land ‡ | |
| 20,168 | | |
| 200,268 | |
| Global Medical REIT ‡ | |
| 37,788 | | |
| 292,479 | |
| Global Net Lease ‡ | |
| 121,401 | | |
| 916,578 | |
| Hudson Pacific Properties ‡ | |
| 82,828 | | |
| 169,797 | |
| Independence Realty Trust ‡ | |
| 137,234 | | |
| 2,666,457 | |
| Industrial Logistics Properties Trust ‡ | |
| 39,452 | | |
| 103,364 | |
| Innovative Industrial Properties, Cl A ‡ | |
| 17,035 | | |
| 925,171 | |
| InvenTrust Properties ‡ | |
| 47,102 | | |
| 1,312,262 | |
| JBG SMITH Properties ‡ | |
| 49,359 | | |
| 690,039 | |
| Kennedy-Wilson Holdings | |
| 69,054 | | |
| 441,946 | |
| Kite Realty Group Trust ‡ | |
| 131,855 | | |
| 2,854,661 | |
| LTC Properties ‡ | |
| 27,117 | | |
| 972,687 | |
| LXP Industrial Trust ‡ | |
| 176,611 | | |
| 1,393,461 | |
| Macerich ‡ | |
| 151,575 | | |
| 2,222,089 | |
The accompanying notes are an integral
part of the financial statements.
193
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Marcus & Millichap | |
| 14,274 | | |
$ | 433,930 | |
| Maui Land & Pineapple * | |
| 4,571 | | |
| 70,988 | |
| National Health Investors ‡ | |
| 26,591 | | |
| 2,012,141 | |
| NET Lease Office Properties ‡ * | |
| 8,924 | | |
| 269,772 | |
| NETSTREIT ‡ | |
| 49,716 | | |
| 808,879 | |
| Newmark Group, Cl A | |
| 79,592 | | |
| 874,716 | |
| NexPoint Diversified Real Estate Trust ‡ | |
| 20,890 | | |
| 73,324 | |
| NexPoint Residential Trust ‡ | |
| 13,568 | | |
| 505,815 | |
| Offerpad Solutions * (A) | |
| 6,243 | | |
| 6,930 | |
| One Liberty Properties ‡ | |
| 9,551 | | |
| 233,044 | |
| Opendoor Technologies * | |
| 388,804 | | |
| 294,830 | |
| Orion Office REIT ‡ | |
| 33,823 | | |
| 61,896 | |
| Outfront Media ‡ | |
| 87,777 | | |
| 1,328,066 | |
| Paramount Group ‡ | |
| 112,041 | | |
| 480,656 | |
| Peakstone Realty Trust ‡ | |
| 21,919 | | |
| 252,288 | |
| Pebblebrook Hotel Trust ‡ | |
| 72,454 | | |
| 655,709 | |
| Phillips Edison ‡ | |
| 74,561 | | |
| 2,587,267 | |
| Piedmont Office Realty Trust, Cl A ‡ | |
| 74,955 | | |
| 442,984 | |
| Plymouth Industrial REIT ‡ | |
| 24,386 | | |
| 362,620 | |
| Postal Realty Trust, Cl A ‡ | |
| 13,323 | | |
| 176,396 | |
| PotlatchDeltic ‡ | |
| 47,751 | | |
| 1,833,161 | |
| RE/MAX Holdings, Cl A * | |
| 10,845 | | |
| 82,964 | |
| Redfin * | |
| 73,839 | | |
| 702,209 | |
| RLJ Lodging Trust ‡ | |
| 91,053 | | |
| 638,281 | |
| RMR Group, Cl A | |
| 9,347 | | |
| 137,214 | |
| Ryman Hospitality Properties ‡ | |
| 35,611 | | |
| 3,131,987 | |
| Sabra Health Care REIT ‡ | |
| 143,624 | | |
| 2,563,688 | |
| Safehold ‡ | |
| 31,453 | | |
| 495,385 | |
| Saul Centers ‡ | |
| 6,318 | | |
| 206,599 | |
| Service Properties Trust ‡ | |
| 99,853 | | |
| 179,735 | |
| SITE Centers ‡ | |
| 28,523 | | |
| 337,712 | |
| SL Green Realty ‡ | |
| 43,555 | | |
| 2,291,429 | |
| St. Joe | |
| 21,924 | | |
| 927,824 | |
| Star Holdings * | |
| 7,860 | | |
| 52,976 | |
| Stratus Properties * | |
| 3,412 | | |
| 54,148 | |
| Strawberry Fields REIT ‡ | |
| 5,482 | | |
| 57,671 | |
| Summit Hotel Properties ‡ | |
| 62,832 | | |
| 255,726 | |
| Sunstone Hotel Investors ‡ | |
| 121,959 | | |
| 1,017,138 | |
| Tanger ‡ | |
| 65,553 | | |
| 2,065,575 | |
The accompanying notes are an integral
part of the financial statements.
194
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Tejon Ranch * | |
| 12,673 | | |
$ | 214,554 | |
| Terreno Realty ‡ | |
| 59,930 | | |
| 3,375,857 | |
| Transcontinental Realty Investors * | |
| 717 | | |
| 20,621 | |
| UMH Properties ‡ | |
| 43,753 | | |
| 773,115 | |
| Uniti Group ‡ | |
| 147,877 | | |
| 727,555 | |
| Universal Health Realty Income Trust ‡ | |
| 7,729 | | |
| 295,325 | |
| Urban Edge Properties ‡ | |
| 76,526 | | |
| 1,382,825 | |
| Veris Residential ‡ | |
| 47,625 | | |
| 739,140 | |
| Whitestone REIT, Cl B ‡ | |
| 30,106 | | |
| 392,582 | |
| Xenia Hotels & Resorts ‡ | |
| 61,848 | | |
| 660,537 | |
| | |
| | | |
| 87,497,202 | |
| Utilities — 3.1% | |
| | | |
| | |
| ALLETE | |
| 35,272 | | |
| 2,309,963 | |
| American States Water | |
| 22,989 | | |
| 1,864,638 | |
| Avista | |
| 48,157 | | |
| 1,997,071 | |
| Black Hills | |
| 43,661 | | |
| 2,658,955 | |
| Cadiz * | |
| 25,298 | | |
| 71,846 | |
| California Water Service Group | |
| 36,206 | | |
| 1,833,834 | |
| Chesapeake Utilities | |
| 13,739 | | |
| 1,809,014 | |
| Consolidated Water | |
| 9,090 | | |
| 211,252 | |
| Genie Energy, Cl B | |
| 7,589 | | |
| 112,089 | |
| Global Water Resources | |
| 7,033 | | |
| 73,354 | |
| Hawaiian Electric Industries * | |
| 105,671 | | |
| 1,109,545 | |
| MGE Energy | |
| 22,142 | | |
| 2,002,080 | |
| Middlesex Water | |
| 10,725 | | |
| 676,962 | |
| Montauk Renewables * | |
| 39,827 | | |
| 83,637 | |
| New Jersey Resources | |
| 60,547 | | |
| 2,963,170 | |
| Northwest Natural Holding | |
| 24,327 | | |
| 1,048,494 | |
| Northwestern Energy Group | |
| 37,442 | | |
| 2,180,248 | |
| ONE Gas | |
| 34,204 | | |
| 2,685,356 | |
| Ormat Technologies | |
| 35,047 | | |
| 2,544,412 | |
| Otter Tail | |
| 25,124 | | |
| 1,994,343 | |
| PNM Resources | |
| 54,673 | | |
| 2,908,603 | |
| Portland General Electric | |
| 63,172 | | |
| 2,660,805 | |
| Pure Cycle * | |
| 12,483 | | |
| 123,582 | |
| RGC Resources | |
| 5,013 | | |
| 105,123 | |
| SJW Group | |
| 20,328 | | |
| 1,153,411 | |
| Southwest Gas Holdings | |
| 36,988 | | |
| 2,670,903 | |
The accompanying notes are an integral
part of the financial statements.
195
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| Spire | |
| 34,503 | | |
$ | 2,640,860 | |
| Sunnova Energy International * | |
| 65,527 | | |
| 12,352 | |
| Unitil | |
| 9,678 | | |
| 567,711 | |
| York Water | |
| 8,621 | | |
| 303,459 | |
| | |
| | | |
| 43,377,072 | |
| TOTAL UNITED STATES | |
| | | |
| 1,370,752,435 | |
TOTAL COMMON STOCK
(Cost $1,496,134,765) | |
| | | |
| 1,413,147,456 | |
| | |
Number of
Rights | | |
| | |
| RIGHT — 0.0% | |
| | | |
| | |
| United States — 0.0% | |
| | | |
| | |
| Zimmer Biomet Holdings# | |
| 28,145 | | |
| — | |
TOTAL RIGHT
(Cost $–) | |
| | | |
| 0 | |
| | |
Shares | | |
| | |
| SHORT-TERM INVESTMENT(C)(D) — 0.8% | |
| | | |
| | |
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 4.260%
(Cost $10,858,895) | |
| 10,858,895 | | |
| 10,858,895 | |
| |
| Face Amount | | |
|
|
|
| REPURCHASE AGREEMENT(C) — 1.1% | |
| | | |
| | |
RBC Capital Markets
4.240%, dated 04/30/2025, to be repurchased on 05/01/2025, repurchase price $15,381,885 (collateralized by a U.S. Treasury Obligations, par value $15,557,990, 4.875%, 04/30/2026, with a total market value of $15,694,122)
(Cost $15,380,074) | |
$ | 15,380,074 | | |
| 15,380,074 | |
TOTAL INVESTMENTS — 101.7%
(Cost $1,522,373,734) | |
| | | |
$ | 1,439,386,425 | |
Percentages are based on Net Assets of $1,415,840,885.
The accompanying notes are an integral
part of the financial statements.
196
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
A list of the open futures contracts held by the Fund at April
30, 2025, is as follows:
| Type
of Contract | |
Number
of
Contracts | |
Expiration
Date | |
Notional Amount | | |
Value | | |
Unrealized
Appreciation | |
| Long Contracts | |
| |
| |
| | | |
| | | |
| | |
| Russell 2000 Index E-MINI | |
28 | |
Jun-2025 | |
| $2,623,904 | | |
| $2,757,720 | | |
$ | 133,816 | |
| # |
Expiration date not available. |
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
| (A) |
This security or a partial position of this security is on loan at April 30, 2025. The total market value of securities on loan at April 30, 2025 was $24,957,243. |
| (B) |
Affiliated investment. |
| (C) |
These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2025 was $26,238,969. The total value of non-cash collateral held from securities on loan as of April 30, 2025 was $–. |
| (D) |
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2025. |
The following is a summary of the level of inputs used as
of April 30, 2025, in valuing the Fund’s investments and other financial instruments carried at value:
| Investments in Securities | |
Level 1 | | |
Level 2 | | |
Level 3(1) | | |
Total | |
| Common Stock | |
$ | 1,413,074,306 | | |
$ | 73,150 | | |
$ | — | | |
$ | 1,413,147,456 | |
| Right | |
| — | | |
| — | | |
| — | ^ | |
| — | |
| Short-Term Investment | |
| 10,858,895 | | |
| — | | |
| — | | |
| 10,858,895 | |
| Repurchase Agreement | |
| — | | |
| 15,380,074 | | |
| — | | |
| 15,380,074 | |
| Total Investments in Securities | |
$ | 1,423,933,201 | | |
$ | 15,453,224 | | |
$ | — | | |
$ | 1,439,386,425 | |
| Other Financial Instruments | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| Futures Contracts* | |
| | | |
| | | |
| | | |
| | |
| Unrealized Appreciation | |
$ | 133,816 | | |
$ | — | | |
$ | — | | |
$ | 133,816 | |
| Total Other Financial Instruments | |
$ | 133,816 | | |
$ | — | | |
$ | — | | |
$ | 133,816 | |
(1) A reconciliation of Level 3 investments and disclosures
of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the end of the
period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.
| ^ |
Includes Securities in which the fair value is $0 or has been rounded to $0. |
| * |
Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
The accompanying notes are an integral
part of the financial statements.
197
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X Russell 2000 ETF |
The following is a summary of the Fund’s transactions with
affiliates for the period ended April 30, 2025:
Value
10/31/2024 | | |
Purchases
at Cost | | |
Proceeds
from Sales | | |
Change
in
Unrealized
Appreciation
(Depreciation) | | |
Realized
Gain
(Loss) | | |
Value
4/30/2025 | | |
Income | | |
Capital Gains | |
| Centrus Energy,
Cl A | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| $ | 795,185 | | |
$ | 120,029 | | |
$ | (31,856 | ) | |
$ | (289,821) | | |
$ | 13,513 | | |
$ | 607,050 | | |
$ | — | | |
$ | — | |
| Energy Fuels | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 606,557 | | |
| 93,932 | | |
| (25,921 | ) | |
| (164,085) | | |
| 1,800 | | |
| 512,283 | | |
| — | | |
| — | |
| Northwest
Pipe | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 231,184 | | |
| 44,951 | | |
| (12,398 | ) | |
| (21,124) | | |
| 3,795 | | |
| 246,408 | | |
| — | | |
| — | |
| OneSpan | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 345,343 | | |
| 60,468 | | |
| (20,513 | ) | |
| (45,864) | | |
| 4,048 | | |
| 343,482 | | |
| — | | |
| — | |
| Telos | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 107,862 | | |
| 15,079 | | |
| (7,737 | ) | |
| (23,988) | | |
| (976) | | |
| 90,240 | | |
| — | | |
| — | |
| Titan Machinery | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 155,010 | | |
| 29,265 | | |
| (9,477 | ) | |
| 32,271 | | |
| 1,086 | | |
| 208,155 | | |
| — | | |
| — | |
| Uranium Energy | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 1,612,552 | | |
| 288,238 | | |
| (83,953 | ) | |
| (507,887) | | |
| 4,673 | | |
| 1,313,623 | | |
| — | | |
| — | |
| Ur-Energy | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | 234,606 | | |
| 37,423 | | |
| (9,291 | ) | |
| (102,748) | | |
| (1,082) | | |
| 158,908 | | |
| — | | |
| — | |
| Totals: | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| $ | 4,088,299 | | |
$ | 689,385 | | |
$ | (201,146 | ) | |
$ | (1,123,246) | | |
$ | 26,857 | | |
$ | 3,480,149 | | |
$ | — | | |
$ | — | |
Amounts designated as “—” are $0 or have
been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral
part of the financial statements.
198
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X U.S. Electrification ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.9% | |
| | | |
| | |
| UNITED KINGDOM — 4.0% | |
| | | |
| | |
| Utilities — 4.0% | |
| | | |
| | |
| National Grid ADR | |
| 31,395 | | |
$ | 2,291,835 | |
| | |
| | | |
| | |
| UNITED STATES — 95.9% | |
| | | |
| | |
| Consumer Discretionary — 0.1% | |
| | | |
| | |
| EVgo, Cl A * | |
| 11,925 | | |
| 32,913 | |
| | |
| | | |
| | |
| Industrials — 19.2% | |
| | | |
| | |
| Ameresco, Cl A * | |
| 2,802 | | |
| 29,785 | |
| American Superconductor * | |
| 3,320 | | |
| 65,902 | |
| AMETEK | |
| 14,346 | | |
| 2,432,795 | |
| Bloom Energy, Cl A * | |
| 20,681 | | |
| 378,876 | |
| ChargePoint Holdings * | |
| 38,730 | | |
| 24,121 | |
| Eaton PLC | |
| 8,438 | | |
| 2,483,894 | |
| EnerSys | |
| 3,530 | | |
| 305,698 | |
| Eos Energy Enterprises * | |
| 17,758 | | |
| 92,697 | |
| Fluence Energy, Cl A * | |
| 7,454 | | |
| 30,487 | |
| Hubbell, Cl B | |
| 5,102 | | |
| 1,852,944 | |
| MasTec * | |
| 5,558 | | |
| 707,645 | |
| NuScale Power * | |
| 11,062 | | |
| 183,297 | |
| Plug Power * | |
| 103,073 | | |
| 89,941 | |
| Quanta Services | |
| 8,472 | | |
| 2,479,670 | |
| | |
| | | |
| 11,157,752 | |
| Utilities — 76.6% | |
| | | |
| | |
| ALLETE | |
| 5,262 | | |
| 344,608 | |
| Alliant Energy | |
| 23,390 | | |
| 1,427,726 | |
| Ameren | |
| 22,949 | | |
| 2,277,459 | |
| American Electric Power | |
| 21,018 | | |
| 2,277,090 | |
| Avista | |
| 7,019 | | |
| 291,078 | |
| Clearway Energy, Cl C | |
| 7,126 | | |
| 209,077 | |
| Consolidated Edison | |
| 20,195 | | |
| 2,276,986 | |
| Constellation Energy | |
| 10,954 | | |
| 2,447,562 | |
| Dominion Energy | |
| 42,579 | | |
| 2,315,446 | |
| Duke Energy | |
| 18,587 | | |
| 2,267,986 | |
| Edison International | |
| 34,454 | | |
| 1,843,633 | |
| Entergy | |
| 27,187 | | |
| 2,261,143 | |
| Evergy | |
| 20,222 | | |
| 1,397,340 | |
The accompanying notes are an integral part of
the financial statements.
199
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X U.S. Electrification ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| Eversource Energy | |
| 32,914 | | |
$ | 1,957,725 | |
| Exelon | |
| 47,903 | | |
| 2,246,651 | |
| FirstEnergy | |
| 51,053 | | |
| 2,189,153 | |
| Hawaiian Electric Industries * | |
| 14,497 | | |
| 152,218 | |
| IDACORP | |
| 4,842 | | |
| 571,792 | |
| NextEra Energy | |
| 34,141 | | |
| 2,283,350 | |
| Northwestern Energy Group | |
| 5,320 | | |
| 309,783 | |
| OGE Energy | |
| 17,939 | | |
| 814,072 | |
| Ormat Technologies | |
| 5,408 | | |
| 392,621 | |
| Pinnacle West Capital | |
| 10,600 | | |
| 1,008,908 | |
| PNM Resources | |
| 8,103 | | |
| 431,080 | |
| Portland General Electric | |
| 9,755 | | |
| 410,880 | |
| Public Service Enterprise Group | |
| 27,157 | | |
| 2,170,659 | |
| Southern | |
| 24,658 | | |
| 2,265,824 | |
| Talen Energy * | |
| 3,964 | | |
| 852,577 | |
| Vistra | |
| 19,615 | | |
| 2,542,692 | |
| Xcel Energy | |
| 32,281 | | |
| 2,282,267 | |
| | |
| | | |
| 44,519,386 | |
| TOTAL UNITED STATES | |
| | | |
| 55,710,051 | |
TOTAL COMMON STOCK
(Cost $59,491,604) | |
| | | |
| 58,001,886 | |
TOTAL INVESTMENTS — 99.9%
(Cost $59,491,604) | |
| | | |
$ | 58,001,886 | |
Percentages are based on Net Assets of $58,085,593.
| * |
Non-income producing security. |
As of April 30, 2025, all of the Fund’s investments
were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.
Amounts designated as “—” are $0 or have been rounded
to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of
the financial statements.
200
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.9% | |
| | | |
| | |
| UNITED STATES — 99.9% | |
| | | |
| | |
| Communication Services — 6.3% | |
| | | |
| | |
| AT&T | |
| 2,989 | | |
$ | 82,796 | |
| Verizon Communications | |
| 1,754 | | |
| 77,281 | |
| | |
| | | |
| 160,077 | |
| Consumer Discretionary — 15.6% | |
| | | |
| | |
| Amazon.com * | |
| 512 | | |
| 94,423 | |
| AutoZone * | |
| 7 | | |
| 26,338 | |
| Best Buy | |
| 80 | | |
| 5,335 | |
| Domino’s Pizza | |
| 14 | | |
| 6,865 | |
| Home Depot | |
| 293 | | |
| 105,624 | |
| Lowe’s | |
| 236 | | |
| 52,760 | |
| NVR * | |
| 1 | | |
| 7,126 | |
| O’Reilly Automotive * | |
| 24 | | |
| 33,965 | |
| Pool | |
| 16 | | |
| 4,690 | |
| Starbucks | |
| 472 | | |
| 37,784 | |
| Tapestry | |
| 97 | | |
| 6,853 | |
| Yum! Brands | |
| 116 | | |
| 17,451 | |
| | |
| | | |
| 399,214 | |
| Consumer Staples — 10.1% | |
| | | |
| | |
| Altria Group | |
| 706 | | |
| 41,760 | |
| Kimberly-Clark | |
| 139 | | |
| 18,317 | |
| PepsiCo | |
| 572 | | |
| 77,552 | |
| Walmart | |
| 1,248 | | |
| 121,368 | |
| | |
| | | |
| 258,997 | |
| Energy — 0.4% | |
| | | |
| | |
| Texas Pacific Land | |
| 8 | | |
| 10,311 | |
| | |
| | | |
| | |
| Financials — 12.0% | |
| | | |
| | |
| Berkshire Hathaway, Cl B * | |
| 254 | | |
| 135,445 | |
| Capital One Financial | |
| 159 | | |
| 28,661 | |
| Progressive | |
| 244 | | |
| 68,745 | |
| S&P Global | |
| 132 | | |
| 66,007 | |
| Synchrony Financial | |
| 160 | | |
| 8,312 | |
| | |
| | | |
| 307,170 | |
The accompanying notes are an integral part of
the financial statements.
201
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — 29.4% | |
| | | |
| | |
| AbbVie | |
| 655 | | |
$ | 127,790 | |
| Amgen | |
| 224 | | |
| 65,166 | |
| Eli Lilly | |
| 150 | | |
| 134,843 | |
| HCA Healthcare | |
| 76 | | |
| 26,226 | |
| IDEXX Laboratories * | |
| 34 | | |
| 14,710 | |
| Johnson & Johnson | |
| 797 | | |
| 124,579 | |
| McKesson | |
| 53 | | |
| 37,778 | |
| Regeneron Pharmaceuticals | |
| 44 | | |
| 26,345 | |
| ResMed | |
| 61 | | |
| 14,432 | |
| UnitedHealth Group | |
| 230 | | |
| 94,631 | |
| Vertex Pharmaceuticals * | |
| 107 | | |
| 54,517 | |
| Zoetis, Cl A | |
| 188 | | |
| 29,403 | |
| | |
| | | |
| 750,420 | |
| Industrials — 6.4% | |
| | | |
| | |
| Automatic Data Processing | |
| 170 | | |
| 51,102 | |
| Copart * | |
| 365 | | |
| 22,276 | |
| Lockheed Martin | |
| 88 | | |
| 42,042 | |
| Paychex | |
| 133 | | |
| 19,567 | |
| United Parcel Service, Cl B | |
| 305 | | |
| 29,066 | |
| | |
| | | |
| 164,053 | |
| Information Technology — 19.7% | |
| | | |
| | |
| Adobe * | |
| 183 | | |
| 68,621 | |
| Arista Networks * | |
| 430 | | |
| 35,376 | |
| Cisco Systems | |
| 1,661 | | |
| 95,890 | |
| Enphase Energy * | |
| 56 | | |
| 2,497 | |
| Fair Isaac * | |
| 10 | | |
| 19,897 | |
| Intuit | |
| 117 | | |
| 73,414 | |
| Microsoft | |
| 264 | | |
| 104,349 | |
| Oracle | |
| 670 | | |
| 94,282 | |
The accompanying notes are an integral part of
the financial statements.
202
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| VeriSign * | |
| 34 | | |
$ | 9,592 | |
| | |
| | | |
| 503,918 | |
| TOTAL UNITED STATES | |
| | | |
| 2,554,160 | |
TOTAL COMMON STOCK
(Cost $2,512,512) | |
| | | |
| 2,554,160 | |
TOTAL INVESTMENTS — 99.9%
(Cost $2,512,512) | |
| | | |
$ | 2,554,160 | |
Percentages are based on Net Assets of $2,556,730.
| * |
Non-income producing security. |
As of April 30, 2025, all of the Fund’s investments
were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.
Amounts designated as “—” are $0 or have been rounded
to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of
the financial statements.
203
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — 99.9% | |
| | | |
| | |
| UNITED STATES — 99.9% | |
| | | |
| | |
| Communication Services — 4.6% | |
| | | |
| | |
| AT&T | |
| 880 | | |
$ | 24,376 | |
| Charter Communications, Cl A * | |
| 12 | | |
| 4,702 | |
| Comcast, Cl A | |
| 470 | | |
| 16,074 | |
| Fox, Cl A | |
| 27 | | |
| 1,344 | |
| Fox, Cl B | |
| 16 | | |
| 740 | |
| Interpublic Group | |
| 50 | | |
| 1,256 | |
| Live Nation Entertainment * | |
| 20 | | |
| 2,649 | |
| Omnicom Group | |
| 24 | | |
| 1,828 | |
| Paramount Global, Cl B | |
| 70 | | |
| 822 | |
| Take-Two Interactive Software * | |
| 20 | | |
| 4,666 | |
| T-Mobile US | |
| 60 | | |
| 14,817 | |
| Verizon Communications | |
| 516 | | |
| 22,735 | |
| Walt Disney | |
| 222 | | |
| 20,191 | |
| Warner Bros Discovery * | |
| 280 | | |
| 2,428 | |
| | |
| | | |
| 118,628 | |
| | |
| | | |
| | |
| Consumer Discretionary — 11.2% | |
| | | |
| | |
| Amazon.com * | |
| 812 | | |
| 149,749 | |
| AutoZone * | |
| 1 | | |
| 3,763 | |
| Best Buy | |
| 17 | | |
| 1,134 | |
| Caesars Entertainment * | |
| 20 | | |
| 541 | |
| CarMax * | |
| 13 | | |
| 841 | |
| Carnival * | |
| 90 | | |
| 1,651 | |
| Chipotle Mexican Grill, Cl A * | |
| 120 | | |
| 6,062 | |
| Darden Restaurants | |
| 10 | | |
| 2,006 | |
| Deckers Outdoor * | |
| 13 | | |
| 1,441 | |
| Domino’s Pizza | |
| 3 | | |
| 1,471 | |
| DR Horton | |
| 25 | | |
| 3,158 | |
| eBay | |
| 42 | | |
| 2,863 | |
| Expedia Group | |
| 11 | | |
| 1,726 | |
| Ford Motor | |
| 340 | | |
| 3,403 | |
| General Motors | |
| 95 | | |
| 4,298 | |
| Genuine Parts | |
| 12 | | |
| 1,411 | |
| Hilton Worldwide Holdings | |
| 21 | | |
| 4,735 | |
| Home Depot | |
| 86 | | |
| 31,002 | |
| Lennar, Cl A | |
| 20 | | |
| 2,172 | |
| Lowe’s | |
| 49 | | |
| 10,954 | |
| Lululemon Athletica * | |
| 10 | | |
| 2,708 | |
The accompanying notes are an integral part
of the financial statements.
204
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Discretionary — continued | |
| | | |
| | |
| Marriott International, Cl A | |
| 20 | | |
$ | 4,772 | |
| MGM Resorts International * | |
| 20 | | |
| 629 | |
| Mohawk Industries * | |
| 5 | | |
| 532 | |
| O’Reilly Automotive * | |
| 5 | | |
| 7,076 | |
| Pool | |
| 3 | | |
| 879 | |
| PulteGroup | |
| 18 | | |
| 1,846 | |
| Ross Stores | |
| 29 | | |
| 4,031 | |
| Starbucks | |
| 98 | | |
| 7,845 | |
| Tapestry | |
| 20 | | |
| 1,413 | |
| TJX | |
| 98 | | |
| 12,611 | |
| Tractor Supply | |
| 46 | | |
| 2,328 | |
| Ulta Beauty * | |
| 4 | | |
| 1,583 | |
| Wynn Resorts | |
| 8 | | |
| 642 | |
| Yum! Brands | |
| 24 | | |
| 3,611 | |
| | |
| | | |
| 286,887 | |
| | |
| | | |
| | |
| Consumer Staples — 5.7% | |
| | | |
| | |
| Altria Group | |
| 147 | | |
| 8,695 | |
| Campbell Soup | |
| 20 | | |
| 729 | |
| Church & Dwight | |
| 21 | | |
| 2,086 | |
| Clorox | |
| 11 | | |
| 1,565 | |
| Conagra Brands | |
| 40 | | |
| 988 | |
| Constellation Brands, Cl A | |
| 14 | | |
| 2,626 | |
| Costco Wholesale | |
| 38 | | |
| 37,791 | |
| Dollar General | |
| 20 | | |
| 1,874 | |
| Dollar Tree * | |
| 18 | | |
| 1,472 | |
| General Mills | |
| 50 | | |
| 2,837 | |
| Hershey | |
| 13 | | |
| 2,173 | |
| Hormel Foods | |
| 25 | | |
| 748 | |
| J M Smucker | |
| 10 | | |
| 1,163 | |
| Keurig Dr Pepper | |
| 100 | | |
| 3,459 | |
| Kimberly-Clark | |
| 29 | | |
| 3,822 | |
| Kraft Heinz | |
| 80 | | |
| 2,328 | |
| Kroger | |
| 58 | | |
| 4,188 | |
| Lamb Weston Holdings | |
| 12 | | |
| 634 | |
| McCormick | |
| 22 | | |
| 1,687 | |
| Molson Coors Beverage, Cl B | |
| 15 | | |
| 863 | |
| Monster Beverage * | |
| 60 | | |
| 3,607 | |
| PepsiCo | |
| 119 | | |
| 16,134 | |
The accompanying notes are an integral part
of the financial statements.
205
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Consumer Staples — continued | |
| | | |
| | |
| Sysco | |
| 43 | | |
$ | 3,070 | |
| Target | |
| 40 | | |
| 3,868 | |
| Tyson Foods, Cl A | |
| 25 | | |
| 1,531 | |
| Walgreens Boots Alliance | |
| 60 | | |
| 658 | |
| Walmart | |
| 377 | | |
| 36,663 | |
| | |
| | | |
| 147,259 | |
| | |
| | | |
| | |
| Energy — 2.3% | |
| | | |
| | |
| ConocoPhillips | |
| 112 | | |
| 9,981 | |
| Coterra Energy | |
| 64 | | |
| 1,572 | |
| Devon Energy | |
| 60 | | |
| 1,825 | |
| Diamondback Energy | |
| 16 | | |
| 2,112 | |
| EOG Resources | |
| 49 | | |
| 5,406 | |
| EQT | |
| 52 | | |
| 2,571 | |
| Hess | |
| 24 | | |
| 3,097 | |
| Kinder Morgan | |
| 170 | | |
| 4,471 | |
| Marathon Petroleum | |
| 28 | | |
| 3,848 | |
| Occidental Petroleum | |
| 60 | | |
| 2,365 | |
| ONEOK | |
| 50 | | |
| 4,108 | |
| Phillips 66 | |
| 36 | | |
| 3,746 | |
| Targa Resources | |
| 19 | | |
| 3,247 | |
| Texas Pacific Land | |
| 2 | | |
| 2,578 | |
| Valero Energy | |
| 27 | | |
| 3,134 | |
| Williams | |
| 106 | | |
| 6,208 | |
| | |
| | | |
| 60,269 | |
| | |
| | | |
| | |
| Financials — 16.9% | |
| | | |
| | |
| Allstate | |
| 22 | | |
| 4,365 | |
| American Express | |
| 45 | | |
| 11,988 | |
| American International Group | |
| 51 | | |
| 4,158 | |
| Ameriprise Financial | |
| 8 | | |
| 3,768 | |
| Apollo Global Management | |
| 36 | | |
| 4,913 | |
| Arthur J Gallagher | |
| 18 | | |
| 5,772 | |
| Assurant | |
| 4 | | |
| 771 | |
| Bank of America | |
| 544 | | |
| 21,695 | |
| Bank of New York Mellon | |
| 60 | | |
| 4,825 | |
| Berkshire Hathaway, Cl B * | |
| 149 | | |
| 79,454 | |
| BlackRock Funding | |
| 12 | | |
| 10,971 | |
| Blackstone | |
| 59 | | |
| 7,771 | |
The accompanying notes are an integral part
of the financial statements.
206
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Brown & Brown | |
| 20 | | |
$ | 2,212 | |
| Capital One Financial | |
| 31 | | |
| 5,588 | |
| Cboe Global Markets | |
| 9 | | |
| 1,996 | |
| Charles Schwab | |
| 122 | | |
| 9,931 | |
| Chubb | |
| 31 | | |
| 8,869 | |
| Cincinnati Financial | |
| 13 | | |
| 1,810 | |
| Citizens Financial Group | |
| 36 | | |
| 1,328 | |
| CME Group, Cl A | |
| 29 | | |
| 8,035 | |
| Corpay * | |
| 6 | | |
| 1,952 | |
| Discover Financial Services | |
| 20 | | |
| 3,653 | |
| Erie Indemnity, Cl A | |
| 2 | | |
| 717 | |
| Everest Group | |
| 4 | | |
| 1,435 | |
| FactSet Research Systems | |
| 3 | | |
| 1,297 | |
| Fidelity National Information Services | |
| 44 | | |
| 3,471 | |
| Fifth Third Bancorp | |
| 55 | | |
| 1,977 | |
| Fiserv * | |
| 46 | | |
| 8,490 | |
| Franklin Resources | |
| 30 | | |
| 563 | |
| Global Payments | |
| 20 | | |
| 1,526 | |
| Globe Life | |
| 7 | | |
| 863 | |
| Goldman Sachs Group | |
| 26 | | |
| 14,236 | |
| Hartford Financial Services Group | |
| 24 | | |
| 2,944 | |
| Huntington Bancshares | |
| 120 | | |
| 1,744 | |
| Intercontinental Exchange | |
| 47 | | |
| 7,895 | |
| Invesco | |
| 40 | | |
| 557 | |
| Jack Henry & Associates | |
| 6 | | |
| 1,041 | |
| JPMorgan Chase | |
| 229 | | |
| 56,018 | |
| KeyCorp | |
| 80 | | |
| 1,187 | |
| KKR | |
| 55 | | |
| 6,285 | |
| Loews | |
| 15 | | |
| 1,302 | |
| M&T Bank | |
| 14 | | |
| 2,377 | |
| MetLife | |
| 47 | | |
| 3,542 | |
| Moody’s | |
| 13 | | |
| 5,891 | |
| Morgan Stanley | |
| 101 | | |
| 11,657 | |
| Nasdaq | |
| 34 | | |
| 2,591 | |
| Northern Trust | |
| 16 | | |
| 1,504 | |
| PayPal Holdings * | |
| 82 | | |
| 5,399 | |
| PNC Financial Services Group | |
| 32 | | |
| 5,142 | |
| Principal Financial Group | |
| 17 | | |
| 1,261 | |
| Progressive | |
| 48 | | |
| 13,524 | |
The accompanying notes are an integral part
of the financial statements.
207
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Financials — continued | |
| | | |
| | |
| Prudential Financial | |
| 30 | | |
$ | 3,081 | |
| Raymond James Financial | |
| 15 | | |
| 2,056 | |
| Regions Financial | |
| 70 | | |
| 1,429 | |
| S&P Global | |
| 26 | | |
| 13,001 | |
| State Street | |
| 24 | | |
| 2,114 | |
| Synchrony Financial | |
| 30 | | |
| 1,559 | |
| T Rowe Price Group | |
| 18 | | |
| 1,594 | |
| Travelers | |
| 18 | | |
| 4,754 | |
| Truist Financial | |
| 110 | | |
| 4,217 | |
| US Bancorp | |
| 130 | | |
| 5,244 | |
| W R Berkley | |
| 25 | | |
| 1,792 | |
| Wells Fargo | |
| 270 | | |
| 19,173 | |
| Willis Towers Watson PLC | |
| 8 | | |
| 2,462 | |
| | |
| | | |
| 434,737 | |
| | |
| | | |
| | |
| Health Care — 14.2% | |
| | | |
| | |
| AbbVie | |
| 153 | | |
| 29,850 | |
| Amgen | |
| 47 | | |
| 13,673 | |
| Becton Dickinson | |
| 25 | | |
| 5,177 | |
| Biogen * | |
| 13 | | |
| 1,574 | |
| Bio-Techne | |
| 14 | | |
| 705 | |
| Boston Scientific * | |
| 128 | | |
| 13,167 | |
| Bristol-Myers Squibb | |
| 176 | | |
| 8,835 | |
| Cardinal Health | |
| 21 | | |
| 2,967 | |
| Cencora | |
| 15 | | |
| 4,390 | |
| Centene * | |
| 44 | | |
| 2,633 | |
| Charles River Laboratories International * | |
| 4 | | |
| 475 | |
| Cigna Group | |
| 24 | | |
| 8,161 | |
| Cooper * | |
| 17 | | |
| 1,388 | |
| CVS Health | |
| 110 | | |
| 7,338 | |
| DaVita * | |
| 4 | | |
| 566 | |
| Dexcom * | |
| 34 | | |
| 2,427 | |
| Edwards Lifesciences * | |
| 50 | | |
| 3,775 | |
| Elevance Health | |
| 20 | | |
| 8,412 | |
| Eli Lilly | |
| 68 | | |
| 61,129 | |
| Gilead Sciences | |
| 108 | | |
| 11,506 | |
| HCA Healthcare | |
| 16 | | |
| 5,521 | |
| Henry Schein * | |
| 10 | | |
| 650 | |
| Hologic * | |
| 20 | | |
| 1,164 | |
The accompanying notes are an integral part
of the financial statements.
208
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Health Care — continued | |
| | | |
| | |
| Humana | |
| 10 | | |
$ | 2,622 | |
| IDEXX Laboratories * | |
| 7 | | |
| 3,029 | |
| Incyte * | |
| 14 | | |
| 877 | |
| Insulet * | |
| 6 | | |
| 1,514 | |
| Intuitive Surgical * | |
| 31 | | |
| 15,990 | |
| Johnson & Johnson | |
| 209 | | |
| 32,669 | |
| Labcorp Holdings | |
| 7 | | |
| 1,687 | |
| McKesson | |
| 11 | | |
| 7,841 | |
| Medtronic PLC | |
| 111 | | |
| 9,408 | |
| Molina Healthcare * | |
| 5 | | |
| 1,635 | |
| Quest Diagnostics | |
| 10 | | |
| 1,782 | |
| Regeneron Pharmaceuticals | |
| 9 | | |
| 5,389 | |
| ResMed | |
| 13 | | |
| 3,076 | |
| Solventum * | |
| 12 | | |
| 793 | |
| STERIS PLC | |
| 9 | | |
| 2,023 | |
| Stryker | |
| 30 | | |
| 11,218 | |
| Thermo Fisher Scientific | |
| 33 | | |
| 14,157 | |
| UnitedHealth Group | |
| 80 | | |
| 32,915 | |
| Universal Health Services, Cl B | |
| 5 | | |
| 885 | |
| Vertex Pharmaceuticals * | |
| 22 | | |
| 11,209 | |
| Zimmer Biomet Holdings | |
| 17 | | |
| 1,752 | |
| Zoetis, Cl A | |
| 39 | | |
| 6,100 | |
| | |
| | | |
| 364,054 | |
| | |
| | | |
| | |
| Industrials — 10.2% | |
| | | |
| | |
| A O Smith | |
| 10 | | |
| 679 | |
| Allegion PLC | |
| 8 | | |
| 1,114 | |
| AMETEK | |
| 20 | | |
| 3,392 | |
| Automatic Data Processing | |
| 35 | | |
| 10,521 | |
| Axon Enterprise * | |
| 6 | | |
| 3,680 | |
| Boeing * | |
| 65 | | |
| 11,911 | |
| Broadridge Financial Solutions | |
| 10 | | |
| 2,424 | |
| Builders FirstSource * | |
| 10 | | |
| 1,196 | |
| Carrier Global | |
| 72 | | |
| 4,503 | |
| CH Robinson Worldwide | |
| 10 | | |
| 892 | |
| Cintas | |
| 30 | | |
| 6,350 | |
| Copart * | |
| 76 | | |
| 4,638 | |
| CSX | |
| 170 | | |
| 4,772 | |
| Cummins | |
| 12 | | |
| 3,526 | |
The accompanying notes are an integral part
of the financial statements.
209
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Dayforce * | |
| 14 | | |
$ | 810 | |
| Deere | |
| 22 | | |
| 10,198 | |
| Delta Air Lines | |
| 56 | | |
| 2,331 | |
| Dover | |
| 12 | | |
| 2,048 | |
| Eaton PLC | |
| 34 | | |
| 10,009 | |
| Equifax | |
| 11 | | |
| 2,861 | |
| Fastenal | |
| 50 | | |
| 4,048 | |
| FedEx | |
| 20 | | |
| 4,207 | |
| Fortive | |
| 30 | | |
| 2,091 | |
| Generac Holdings * | |
| 5 | | |
| 572 | |
| General Dynamics | |
| 22 | | |
| 5,987 | |
| Honeywell International | |
| 56 | | |
| 11,788 | |
| Hubbell, Cl B | |
| 5 | | |
| 1,816 | |
| Huntington Ingalls Industries | |
| 3 | | |
| 691 | |
| IDEX | |
| 7 | | |
| 1,218 | |
| Jacobs Solutions | |
| 11 | | |
| 1,362 | |
| JB Hunt Transport Services | |
| 7 | | |
| 914 | |
| Johnson Controls International | |
| 58 | | |
| 4,866 | |
| L3Harris Technologies | |
| 16 | | |
| 3,520 | |
| Leidos Holdings | |
| 12 | | |
| 1,766 | |
| Lennox International | |
| 3 | | |
| 1,640 | |
| Lockheed Martin | |
| 18 | | |
| 8,599 | |
| Masco | |
| 20 | | |
| 1,212 | |
| Norfolk Southern | |
| 20 | | |
| 4,481 | |
| Northrop Grumman | |
| 12 | | |
| 5,838 | |
| Old Dominion Freight Line | |
| 16 | | |
| 2,452 | |
| PACCAR | |
| 46 | | |
| 4,150 | |
| Parker-Hannifin | |
| 11 | | |
| 6,656 | |
| Paychex | |
| 28 | | |
| 4,119 | |
| Paycom Software | |
| 4 | | |
| 906 | |
| Pentair PLC | |
| 14 | | |
| 1,270 | |
| Quanta Services | |
| 13 | | |
| 3,805 | |
| Republic Services, Cl A | |
| 18 | | |
| 4,514 | |
| Rockwell Automation | |
| 10 | | |
| 2,477 | |
| Rollins | |
| 24 | | |
| 1,371 | |
| RTX | |
| 116 | | |
| 14,631 | |
| Snap-On | |
| 5 | | |
| 1,569 | |
| Southwest Airlines | |
| 50 | | |
| 1,398 | |
| Stanley Black & Decker | |
| 13 | | |
| 780 | |
The accompanying notes are an integral part
of the financial statements.
210
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Industrials — continued | |
| | | |
| | |
| Textron | |
| 16 | | |
$ | 1,126 | |
| Trane Technologies PLC | |
| 20 | | |
| 7,666 | |
| TransDigm Group | |
| 5 | | |
| 7,065 | |
| Union Pacific | |
| 53 | | |
| 11,430 | |
| United Airlines Holdings * | |
| 30 | | |
| 2,065 | |
| United Parcel Service, Cl B | |
| 63 | | |
| 6,004 | |
| United Rentals | |
| 6 | | |
| 3,789 | |
| Verisk Analytics, Cl A | |
| 12 | | |
| 3,557 | |
| Waste Management | |
| 32 | | |
| 7,468 | |
| WW Grainger | |
| 4 | | |
| 4,097 | |
| Xylem | |
| 21 | | |
| 2,532 | |
| | |
| | | |
| 261,368 | |
| | |
| | | |
| | |
| Information Technology — 26.3% | |
| | | |
| | |
| Adobe * | |
| 79 | | |
| 29,624 | |
| Akamai Technologies * | |
| 27 | | |
| 2,176 | |
| Arista Networks * | |
| 186 | | |
| 15,302 | |
| CDW | |
| 24 | | |
| 3,854 | |
| Cisco Systems | |
| 716 | | |
| 41,335 | |
| Cognizant Technology Solutions, Cl A | |
| 90 | | |
| 6,621 | |
| Crowdstrike Holdings, Cl A * | |
| 42 | | |
| 18,013 | |
| Enphase Energy * | |
| 24 | | |
| 1,070 | |
| EPAM Systems * | |
| 10 | | |
| 1,569 | |
| F5 * | |
| 10 | | |
| 2,647 | |
| Fair Isaac * | |
| 4 | | |
| 7,959 | |
| First Solar * | |
| 20 | | |
| 2,516 | |
| Gartner * | |
| 14 | | |
| 5,895 | |
| Gen Digital | |
| 100 | | |
| 2,587 | |
| GoDaddy, Cl A * | |
| 25 | | |
| 4,708 | |
| Intuit | |
| 50 | | |
| 31,374 | |
| Juniper Networks | |
| 60 | | |
| 2,179 | |
| Micron Technology | |
| 200 | | |
| 15,390 | |
| Microsoft | |
| 609 | | |
| 240,713 | |
| Motorola Solutions | |
| 30 | | |
| 13,212 | |
| Oracle | |
| 289 | | |
| 40,668 | |
| Palantir Technologies, Cl A * | |
| 368 | | |
| 43,586 | |
| Palo Alto Networks * | |
| 118 | | |
| 22,058 | |
| Roper Technologies | |
| 19 | | |
| 10,642 | |
| Salesforce | |
| 172 | | |
| 46,218 | |
The accompanying notes are an integral part
of the financial statements.
211
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Information Technology — continued | |
| | | |
| | |
| ServiceNow * | |
| 37 | | |
$ | 35,335 | |
| Skyworks Solutions | |
| 30 | | |
| 1,928 | |
| Super Micro Computer * | |
| 90 | | |
| 2,867 | |
| Teledyne Technologies * | |
| 8 | | |
| 3,728 | |
| Tyler Technologies * | |
| 8 | | |
| 4,346 | |
| VeriSign * | |
| 15 | | |
| 4,232 | |
| Workday, Cl A * | |
| 38 | | |
| 9,310 | |
| Zebra Technologies, Cl A * | |
| 9 | | |
| 2,253 | |
| | |
| | | |
| 675,915 | |
| | |
| | | |
| | |
| Materials — 1.1% | |
| | | |
| | |
| Ball | |
| 26 | | |
| 1,350 | |
| CF Industries Holdings | |
| 15 | | |
| 1,176 | |
| Ecolab | |
| 22 | | |
| 5,532 | |
| International Paper | |
| 30 | | |
| 1,370 | |
| Martin Marietta Materials | |
| 5 | | |
| 2,620 | |
| Nucor | |
| 20 | | |
| 2,387 | |
| Packaging Corp of America | |
| 8 | | |
| 1,485 | |
| Sherwin-Williams | |
| 20 | | |
| 7,058 | |
| Steel Dynamics | |
| 12 | | |
| 1,557 | |
| Vulcan Materials | |
| 11 | | |
| 2,886 | |
| | |
| | | |
| 27,421 | |
| | |
| | | |
| | |
| Real Estate — 3.3% | |
| | | |
| | |
| Alexandria Real Estate Equities ‡ | |
| 14 | | |
| 1,017 | |
| American Tower ‡ | |
| 41 | | |
| 9,242 | |
| AvalonBay Communities ‡ | |
| 12 | | |
| 2,520 | |
| BXP ‡ | |
| 13 | | |
| 828 | |
| Camden Property Trust ‡ | |
| 10 | | |
| 1,138 | |
| CBRE Group, Cl A * | |
| 26 | | |
| 3,177 | |
| CoStar Group * | |
| 36 | | |
| 2,670 | |
| Crown Castle ‡ | |
| 38 | | |
| 4,019 | |
| Digital Realty Trust ‡ | |
| 27 | | |
| 4,335 | |
| Equity Residential ‡ | |
| 30 | | |
| 2,108 | |
| Essex Property Trust ‡ | |
| 6 | | |
| 1,675 | |
| Extra Space Storage ‡ | |
| 18 | | |
| 2,637 | |
| Federal Realty Investment Trust ‡ | |
| 7 | | |
| 658 | |
| Healthpeak Properties ‡ | |
| 60 | | |
| 1,070 | |
| Host Hotels & Resorts ‡ | |
| 60 | | |
| 847 | |
The accompanying notes are an integral part
of the financial statements.
212
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Real Estate — continued | |
| | | |
| | |
| Invitation Homes ‡ | |
| 50 | | |
$ | 1,709 | |
| Iron Mountain ‡ | |
| 25 | | |
| 2,242 | |
| Kimco Realty ‡ | |
| 60 | | |
| 1,199 | |
| Mid-America Apartment Communities ‡ | |
| 10 | | |
| 1,596 | |
| ProLogis ‡ | |
| 80 | | |
| 8,176 | |
| Public Storage ‡ | |
| 14 | | |
| 4,206 | |
| Realty Income ‡ | |
| 76 | | |
| 4,397 | |
| Regency Centers ‡ | |
| 14 | | |
| 1,011 | |
| SBA Communications, Cl A ‡ | |
| 9 | | |
| 2,191 | |
| Simon Property Group ‡ | |
| 27 | | |
| 4,249 | |
| UDR ‡ | |
| 26 | | |
| 1,089 | |
| Ventas ‡ | |
| 36 | | |
| 2,523 | |
| VICI Properties, Cl A ‡ | |
| 90 | | |
| 2,882 | |
| Welltower ‡ | |
| 51 | | |
| 7,782 | |
| Weyerhaeuser ‡ | |
| 60 | | |
| 1,555 | |
| | |
| | | |
| 84,748 | |
| | |
| | | |
| | |
| Utilities — 4.1% | |
| | | |
| | |
| Alliant Energy | |
| 22 | | |
| 1,343 | |
| Ameren | |
| 23 | | |
| 2,283 | |
| American Electric Power | |
| 46 | | |
| 4,984 | |
| American Water Works | |
| 17 | | |
| 2,499 | |
| Atmos Energy | |
| 13 | | |
| 2,088 | |
| CenterPoint Energy | |
| 57 | | |
| 2,210 | |
| CMS Energy | |
| 26 | | |
| 1,915 | |
| Consolidated Edison | |
| 30 | | |
| 3,383 | |
| Constellation Energy | |
| 27 | | |
| 6,033 | |
| Dominion Energy | |
| 73 | | |
| 3,970 | |
| DTE Energy | |
| 18 | | |
| 2,466 | |
| Duke Energy | |
| 67 | | |
| 8,175 | |
| Edison International | |
| 34 | | |
| 1,819 | |
| Entergy | |
| 37 | | |
| 3,077 | |
| Evergy | |
| 20 | | |
| 1,382 | |
| Eversource Energy | |
| 32 | | |
| 1,903 | |
| Exelon | |
| 87 | | |
| 4,080 | |
| FirstEnergy | |
| 45 | | |
| 1,930 | |
| NextEra Energy | |
| 180 | | |
| 12,038 | |
| NiSource | |
| 40 | | |
| 1,564 | |
| NRG Energy | |
| 18 | | |
| 1,972 | |
The accompanying notes are an integral part
of the financial statements.
213
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | |
Shares | | |
Value | |
| COMMON STOCK — continued | |
| | | |
| | |
| Utilities — continued | |
| | | |
| | |
| PG&E | |
| 190 | | |
$ | 3,139 | |
| Pinnacle West Capital | |
| 10 | | |
| 952 | |
| PPL | |
| 64 | | |
| 2,336 | |
| Public Service Enterprise Group | |
| 43 | | |
| 3,437 | |
| Sempra | |
| 55 | | |
| 4,085 | |
| Southern | |
| 95 | | |
| 8,730 | |
| Vistra | |
| 30 | | |
| 3,889 | |
| WEC Energy Group | |
| 27 | | |
| 2,957 | |
| Xcel Energy | |
| 50 | | |
| 3,535 | |
| | |
| | | |
| 104,174 | |
| TOTAL UNITED STATES | |
| | | |
| 2,565,460 | |
TOTAL COMMON STOCK
(Cost $2,488,111) | |
| | | |
| 2,565,460 | |
TOTAL INVESTMENTS — 99.9%
(Cost $2,488,111) | |
| | | |
$ | 2,565,460 | |
Percentages are based on Net Assets of $2,568,767.
| * |
Non-income producing security. |
| ‡ |
Real Estate Investment Trust |
As of April 30, 2025, all of the Fund’s investments
were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.
See “Glossary” for abbreviations.
The accompanying notes are an integral part
of the financial statements.
214
| Schedule of Investments |
April 30, 2025 (Unaudited) |
| Glossary (abbreviations which may be used in preceding Schedules of Investments): |
Fund Abbreviations
ADR — American Depositary Receipt
Cl — Class
CME — Chicago Mercantile Exchange
ETF — Exchange-Traded Fund
GDR — Global Depositary Receipt
H15T5Y — U.S. Treasury Yield Curve Rate T Note Constant
Maturity 5 Year
NVDR — Non-Voting Depositary Receipt
PJSC — Public Joint-Stock Company
PLC — Public Limited Company
REIT — Real Estate Investment Trust
S&P — Standard & Poor’s
SOFR — Secured Overnight Financing Rate
TSFR3M — Term Secured Overnight Financing Rate 3 Month
USD — U.S. Dollar
US0003M — 3 Month USD Swap Rate
215
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X Lithium
& Battery Tech
ETF | | |
Global X
SuperDividend®
ETF | | |
Global X Social
Media ETF | | |
Global X Guru®
Index ETF | |
| Assets: | |
| | |
| | |
| | |
| |
| Cost of Investments | |
$ | 1,238,489,850 | | |
$ | 852,763,079 | | |
$ | 153,298,666 | | |
$ | 44,021,816 | |
| Cost of Repurchase Agreement | |
| 36,823,840 | | |
| 45,442,270 | | |
| 2,719,064 | | |
| 387,999 | |
| Cost (Proceeds) of Foreign Currency | |
| 472 | | |
| 115,665 | | |
| — | | |
| — | |
| Investments, at Value | |
$ | 826,334,935 | * | |
$ | 777,291,064 | * | |
$ | 113,870,025 | * | |
$ | 43,955,951 | * |
| Repurchase Agreement, at Value | |
| 36,823,840 | | |
| 45,442,270 | | |
| 2,719,064 | | |
| 387,999 | |
| Cash | |
| — | | |
| 2,488,722 | | |
| 146,430 | | |
| 21,487 | |
| Foreign Currency, at Value | |
| 680 | | |
| 115,784 | | |
| — | | |
| — | |
| Receivable for Investment Securities Sold | |
| 107,834,340 | | |
| — | | |
| 6,345,499 | | |
| — | |
| Receivable for Capital Shares Sold | |
| 36,616,370 | | |
| — | | |
| — | | |
| — | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 1,048,064 | | |
| 5,198,858 | | |
| 67,917 | | |
| 10,713 | |
| Reclaim Receivable | |
| 188,552 | | |
| 865,018 | | |
| 11,446 | | |
| — | |
| Cash pledged as collateral on Futures Contracts | |
| — | | |
| 359,441 | | |
| — | | |
| — | |
| Total Assets | |
| 1,008,846,781 | | |
| 831,761,157 | | |
| 123,160,381 | | |
| 44,376,150 | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Obligation to Return Securities Lending Collateral | |
| 36,823,840 | | |
| 45,442,270 | | |
| 2,719,064 | | |
| 661,940 | |
| Payable for Investment Securities Purchased | |
| 84,274,618 | | |
| — | | |
| 6,073,087 | | |
| — | |
| Payable for Capital Shares Redeemed | |
| 36,812,397 | | |
| — | | |
| — | | |
| — | |
| Payable due to Investment Adviser | |
| 512,411 | | |
| 352,098 | | |
| 58,744 | | |
| 25,764 | |
| Unrealized Depreciation on Spot Contracts | |
| 31,274 | | |
| — | | |
| 169 | | |
| — | |
| Payable for Variation Margin on Futures Contracts | |
| — | | |
| 14,880 | | |
| — | | |
| — | |
| Cash Overdraft | |
| 17,809,457 | | |
| — | | |
| — | | |
| — | |
| Custodian Fees Payable | |
| 2,310 | | |
| 801 | | |
| 55 | | |
| — | |
| Total Liabilities | |
| 176,266,307 | | |
| 45,810,049 | | |
| 8,851,119 | | |
| 687,704 | |
| Net Assets | |
$ | 832,580,474 | | |
$ | 785,951,108 | | |
$ | 114,309,262 | | |
$ | 43,688,446 | |
| Net Assets Consist of: | |
| | | |
| | | |
| | | |
| | |
| Paid-in Capital | |
$ | 2,324,055,921 | | |
$ | 1,792,907,196 | | |
$ | 284,936,208 | | |
$ | 61,020,740 | |
| Total Accumulated Losses | |
| (1,491,475,447 | ) | |
| (1,006,956,088 | ) | |
| (170,626,946 | ) | |
| (17,332,294 | ) |
| Net Assets | |
$ | 832,580,474 | | |
$ | 785,951,108 | | |
$ | 114,309,262 | | |
$ | 43,688,446 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 22,624,628 | | |
| 37,699,412 | | |
| 2,630,000 | | |
| 900,000 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $36.80 | | |
| $20.85 | | |
| $43.46 | | |
| $48.54 | |
| *Includes Market Value of Securities on Loan | |
$ | 39,949,292 | | |
$ | 45,628,773 | | |
$ | 6,555,102 | | |
$ | 664,260 | |
The accompanying notes are an integral part
of the financial statements.
216
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X
SuperIncome™
Preferred ETF | | |
Global X
SuperDividend®
U.S. ETF | | |
Global X MSCI
SuperDividend®
Emerging
Markets ETF | | |
Global X
SuperDividend®
REIT ETF | |
| Assets: | |
| | |
| | |
| | |
| |
| Cost of Investments | |
$ | 133,404,945 | | |
$ | 618,047,115 | | |
$ | 36,803,665 | | |
$ | 180,277,929 | |
| Cost of Affiliated Investments | |
| — | | |
| 13,949,968 | | |
| — | | |
| — | |
| Cost of Repurchase Agreement | |
| 317,548 | | |
| 10,619,919 | | |
| 166,154 | | |
| — | |
| Cost (Proceeds) of Foreign Currency | |
| — | | |
| — | | |
| 111,536 | | |
| — | |
| Investments, at Value | |
$ | 130,234,101 | * | |
$ | 612,922,550 | * | |
$ | 36,378,644 | * | |
$ | 179,633,781 | |
| Affiliated Investments, at Value | |
| — | | |
| 23,697,567 | | |
| — | | |
| — | |
| Repurchase Agreement, at Value | |
| 317,548 | | |
| 10,619,919 | | |
| 166,154 | | |
| — | |
| Cash | |
| 219,472 | | |
| 618,363 | | |
| 53,720 | | |
| 650,196 | |
| Foreign Currency, at Value | |
| — | | |
| — | | |
| 107,146 | | |
| 42 | |
| Receivable for Investment Securities Sold | |
| 23,458,127 | | |
| — | | |
| — | | |
| — | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 32,587 | | |
| 1,507,444 | | |
| 340,541 | | |
| 546,667 | |
| Reclaim Receivable | |
| — | | |
| 5,320 | | |
| — | | |
| 201,062 | |
| Cash pledged as collateral on Futures Contracts | |
| — | | |
| — | | |
| 27,324 | | |
| 101,269 | |
| Receivable for Variation Margin on Futures Contracts | |
| — | | |
| — | | |
| — | | |
| 6,981 | |
| Total Assets | |
| 154,261,835 | | |
| 649,371,163 | | |
| 37,073,529 | | |
| 181,139,998 | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Obligation to Return Securities Lending Collateral | |
| 541,748 | | |
| 10,619,919 | | |
| 166,154 | | |
| — | |
| Payable for Investment Securities Purchased | |
| 23,098,398 | | |
| — | | |
| 13,157 | | |
| 65,809 | |
| Payable due to Investment Adviser | |
| 51,281 | | |
| 228,980 | | |
| 19,007 | | |
| 84,792 | |
| Accrued Foreign Capital Gains Tax on Appreciated Securities | |
| — | | |
| — | | |
| 61,314 | | |
| — | |
| Payable for Variation Margin on Futures Contracts | |
| — | | |
| — | | |
| 404 | | |
| — | |
| Unrealized Depreciation on Spot Contracts | |
| — | | |
| — | | |
| 13 | | |
| 92 | |
| Custodian Fees Payable | |
| 199 | | |
| 1,237 | | |
| 108 | | |
| — | |
| Total Liabilities | |
| 23,691,626 | | |
| 10,850,136 | | |
| 260,157 | | |
| 150,693 | |
| Net Assets | |
$ | 130,570,209 | | |
$ | 638,521,027 | | |
$ | 36,813,372 | | |
$ | 180,989,305 | |
| Net Assets Consist of: | |
| | | |
| | | |
| | | |
| | |
| Paid-in Capital | |
$ | 250,723,646 | | |
$ | 816,242,352 | | |
$ | 66,335,491 | | |
$ | 483,265,614 | |
| Total Accumulated Losses | |
| (120,153,437 | ) | |
| (177,721,325 | ) | |
| (29,522,119 | ) | |
| (302,276,309 | ) |
| Net Assets | |
$ | 130,570,209 | | |
$ | 638,521,027 | | |
$ | 36,813,372 | | |
$ | 180,989,305 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 14,940,000 | | |
| 35,510,000 | | |
| 1,399,181 | | |
| 8,779,193 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $8.74 | | |
| $17.98 | | |
| $26.31 | | |
| $20.62 | |
The accompanying notes are an integral part
of the financial statements.
217
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X
SuperIncome™
Preferred ETF | | |
Global X
SuperDividend®
U.S. ETF | | |
Global X MSCI
SuperDividend®
Emerging
Markets ETF | | |
Global X
SuperDividend®
REIT ETF | |
| *Includes Market Value of Securities on Loan | |
$ | 519,058 | | |
$ | 10,448,983 | | |
$ | 333,024 | | |
$ | — | |
The accompanying notes are an integral part of the financial statements.
218
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X
Renewable
Energy Producers
ETF | | |
Global X S&P
500®
Catholic
Values ETF | | |
Global X MSCI
SuperDividend®
EAFE ETF | | |
Global X
E-commerce ETF | |
| Assets: | |
| | |
| | |
| | |
| |
| Cost of Investments | |
$ | 49,894,667 | | |
$ | 665,465,237 | | |
$ | 10,397,004 | | |
$ | 70,697,880 | |
| Cost of Repurchase Agreement | |
| 763,376 | | |
| — | | |
| — | | |
| 2,793,841 | |
| Cost (Proceeds) of Foreign Currency | |
| — | | |
| — | | |
| 3,092 | | |
| — | |
| Investments, at Value | |
$ | 22,559,022 | * | |
$ | 869,188,763 | | |
$ | 11,510,993 | | |
$ | 65,931,630 | * |
| Repurchase Agreement, at Value | |
| 763,376 | | |
| — | | |
| — | | |
| 2,793,841 | |
| Cash | |
| — | | |
| 182,190 | | |
| — | | |
| 79,581 | |
| Foreign Currency, at Value | |
| — | | |
| — | | |
| 3,223 | | |
| — | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 90,017 | | |
| 485,859 | | |
| 89,727 | | |
| 20,676 | |
| Reclaim Receivable | |
| 87,401 | | |
| 3,631 | | |
| 104,018 | | |
| — | |
| Unrealized Appreciation on Spot Contracts | |
| — | | |
| — | | |
| — | | |
| 10 | |
| Total Assets | |
| 23,499,816 | | |
| 869,860,443 | | |
| 11,707,961 | | |
| 68,825,738 | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Obligation to Return Securities Lending Collateral | |
| 763,376 | | |
| — | | |
| — | | |
| 2,793,841 | |
| Payable due to Investment Adviser | |
| 12,176 | | |
| 197,408 | | |
| 4,641 | | |
| 28,023 | |
| Payable for Investment Securities Purchased | |
| — | | |
| — | | |
| — | | |
| 7,790 | |
| Cash Overdraft | |
| 86,675 | | |
| — | | |
| 34,237 | | |
| — | |
| Total Liabilities | |
| 862,227 | | |
| 197,408 | | |
| 38,878 | | |
| 2,829,654 | |
| Net Assets | |
$ | 22,637,589 | | |
$ | 869,663,035 | | |
$ | 11,669,083 | | |
$ | 65,996,084 | |
| Net Assets Consist of: | |
| | | |
| | | |
| | | |
| | |
| Paid-in Capital | |
$ | 70,524,210 | | |
$ | 638,637,831 | | |
$ | 13,153,258 | | |
$ | 110,402,987 | |
| Total Distributable Earnings (Accumulated
Losses) | |
| (47,886,621 | ) | |
| 231,025,204 | | |
| (1,484,175 | ) | |
| (44,406,903 | ) |
| Net Assets | |
$ | 22,637,589 | | |
$ | 869,663,035 | | |
$ | 11,669,083 | | |
$ | 65,996,084 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 2,560,000 | | |
| 12,930,000 | | |
| 700,000 | | |
| 2,370,002 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $8.84 | | |
| $67.26 | | |
| $16.67 | | |
| $27.85 | |
| *Includes Market Value of Securities on
Loan | |
$ | 968,833 | | |
$ | — | | |
$ | — | | |
$ | 2,620,949 | |
The accompanying notes are an integral part of the financial statements.
219
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X S&P
Catholic Values
Developed ex-
U.S. ETF | | |
Global X
NASDAQ 100®
Tail Risk ETF | | |
Global X
NASDAQ 100®
Collar 95-110
ETF | | |
Global X S&P
500®
Tail Risk
ETF | |
| Assets: | |
| | |
| | |
| | |
| |
| Cost of Investments | |
$ | 20,873,344 | | |
$ | 2,234,385 | | |
$ | 1,938,558 | | |
$ | 1,516,523 | |
| Cost (Proceeds) of Foreign Currency | |
| 4,166 | | |
| — | | |
| — | | |
| — | |
| Investments, at Value | |
$ | 22,445,416 | | |
$ | 2,312,635 | | |
$ | 2,224,370 | | |
$ | 1,810,286 | |
| Cash | |
| 45,807 | | |
| 3,062 | | |
| 2,176 | | |
| 2,074 | |
| Foreign Currency, at Value | |
| 4,159 | | |
| — | | |
| — | | |
| — | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 82,959 | | |
| 268 | | |
| 256 | | |
| 948 | |
| Reclaim Receivable | |
| 27,004 | | |
| — | | |
| — | | |
| 7 | |
| Total Assets | |
| 22,605,345 | | |
| 2,315,965 | | |
| 2,226,802 | | |
| 1,813,315 | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Payable due to Investment Adviser | |
| 6,045 | | |
| 466 | | |
| 444 | | |
| 340 | |
| Options Written at Value (Premiums received
$–, $–, $30,446 and $–, respectively) | |
| — | | |
| — | | |
| 7,831 | | |
| — | |
| Total Liabilities | |
| 6,045 | | |
| 466 | | |
| 8,275 | | |
| 340 | |
| Net Assets | |
$ | 22,599,300 | | |
$ | 2,315,499 | | |
$ | 2,218,527 | | |
$ | 1,812,975 | |
| Net Assets Consist of: | |
| | | |
| | | |
| | | |
| | |
| Paid-in Capital | |
$ | 21,546,457 | | |
$ | 2,494,143 | | |
$ | 2,231,895 | | |
$ | 1,819,020 | |
| Total Distributable Earnings (Accumulated
Losses) | |
| 1,052,843 | | |
| (178,644 | ) | |
| (13,368 | ) | |
| (6,045 | ) |
| Net Assets | |
$ | 22,599,300 | | |
$ | 2,315,499 | | |
$ | 2,218,527 | | |
$ | 1,812,975 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 690,000 | | |
| 80,000 | | |
| 80,000 | | |
| 70,000 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $32.75 | | |
| $28.94 | | |
| $27.73 | | |
| $25.90 | |
The accompanying notes are an integral part of the financial statements.
220
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X S&P
500®
Collar 95-
110 ETF | | |
Global X
Disruptive
Materials
ETF | | |
Global X Russell
2000 ETF | | |
Global X U.S.
Electrification
ETF | |
| Assets: | |
| | |
| | |
| | |
| |
| Cost of Investments | |
$ | 3,022,966 | | |
$ | 4,161,675 | | |
$ | 1,508,034,690 | | |
$ | 59,491,604 | |
| Cost of Affiliated Investments | |
| — | | |
| — | | |
| 3,480,149 | | |
| — | |
| Cost of Repurchase Agreement | |
| — | | |
| — | | |
| 10,858,895 | | |
| — | |
| Cost (Proceeds) of Foreign Currency | |
| — | | |
| 6,574 | | |
| — | | |
| — | |
| Investments, at Value | |
$ | 2,872,549 | | |
$ | 3,122,283 | | |
$ | 1,425,047,381 | * | |
$ | 58,001,886 | |
| Affiliated Investments, at Value | |
| — | | |
| — | | |
| 3,480,149 | | |
| — | |
| Repurchase Agreement, at Value | |
| — | | |
| — | | |
| 10,858,895 | | |
| — | |
| Cash | |
| 2,577 | | |
| — | | |
| — | | |
| 34,089 | |
| Foreign Currency, at Value | |
| — | | |
| 6,564 | | |
| — | | |
| — | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 1,579 | | |
| 5,615 | | |
| 497,509 | | |
| 19,078 | |
| Reclaim Receivable | |
| 11 | | |
| 1,187 | | |
| 11,260 | | |
| — | |
| Unrealized Appreciation on Spot Contracts | |
| — | | |
| 26 | | |
| — | | |
| — | |
| Receivable for Capital Shares Sold | |
| — | | |
| — | | |
| — | | |
| 4,211,553 | |
| Receivable for Investment Securities Sold | |
| — | | |
| — | | |
| 4,693,475 | | |
| 7,927,448 | |
| Cash pledged as collateral on Futures Contracts | |
| — | | |
| — | | |
| 286,918 | | |
| — | |
| Due from Broker | |
| — | | |
| — | | |
| 12 | | |
| — | |
| Total Assets | |
| 2,876,716 | | |
| 3,135,675 | | |
| 1,444,875,599 | | |
| 70,194,054 | |
| Liabilities: | |
| | | |
| | | |
| | | |
| | |
| Obligation to Return Securities Lending Collateral | |
| — | | |
| — | | |
| 26,238,969 | | |
| — | |
| Options Written at Value (Premiums received $6,831, $–,
$– and $–, respectively) | |
| 2,200 | | |
| — | | |
| — | | |
| — | |
| Payable due to Investment Adviser | |
| 579 | | |
| 1,672 | | |
| 88,850 | | |
| 23,420 | |
| Payable for Capital Shares Redeemed | |
| 1 | | |
| — | | |
| — | | |
| 3,723,601 | |
| Payable for Investment Securities Purchased | |
| — | | |
| — | | |
| 57,711 | | |
| 8,361,440 | |
| Payable for Variation Margin on Futures Contracts | |
| — | | |
| — | | |
| 17,940 | | |
| — | |
| Due to Custodian | |
| — | | |
| 731 | | |
| 2,631,244 | | |
| — | |
| Total Liabilities | |
| 2,780 | | |
| 2,403 | | |
| 29,034,714 | | |
| 12,108,461 | |
| Net Assets | |
$ | 2,873,936 | | |
$ | 3,133,272 | | |
$ | 1,415,840,885 | | |
$ | 58,085,593 | |
| Net Assets Consist of: | |
| | | |
| | | |
| | | |
| | |
| Paid-in Capital | |
$ | 2,976,330 | | |
$ | 6,432,506 | | |
$ | 1,488,106,943 | | |
$ | 58,679,055 | |
| Total Accumulated Losses | |
| (102,394 | ) | |
| (3,299,234 | ) | |
| (72,266,058 | ) | |
| (593,462 | ) |
| Net Assets | |
$ | 2,873,936 | | |
$ | 3,133,272 | | |
$ | 1,415,840,885 | | |
$ | 58,085,593 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 110,000 | | |
| 220,000 | | |
| 18,490,000 | | |
| 2,340,000 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $26.13 | | |
| $14.24 | | |
| $76.57 | | |
| $24.82 | |
The accompanying notes are an integral part
of the financial statements.
221
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X S&P
500®
Collar 95-
110 ETF | | |
Global X
Disruptive
Materials
ETF | | |
Global X Russell
2000 ETF | | |
Global X U.S.
Electrification
ETF | |
| *Includes Market Value of Securities on Loan | |
$ | — | | |
$ | — | | |
$ | 24,957,243 | | |
$ | — | |
The accompanying notes are an integral part of the financial statements.
222
Statements of Assets and Liabilities
April 30, 2025 (Unaudited)
| | |
Global X S&P
500 U.S. Market
Leaders Top 50
ETF | | |
Global X S&P
500 U.S. Revenue
Leaders ETF | |
| Assets: | |
| | |
| |
| Cost of Investments | |
$ | 2,512,512 | | |
$ | 2,488,111 | |
| Investments, at Value | |
$ | 2,554,160 | | |
$ | 2,565,460 | |
| Cash | |
| 2,481 | | |
| 2,921 | |
| Dividend, Interest, and Securities Lending Income Receivable | |
| 365 | | |
| 566 | |
| Reclaim Receivable | |
| — | | |
| 1 | |
| Total Assets | |
| 2,557,006 | | |
| 2,568,948 | |
| Liabilities: | |
| | | |
| | |
| Payable due to Investment Adviser | |
| 276 | | |
| 181 | |
| Total Liabilities | |
| 276 | | |
| 181 | |
| Net Assets | |
$ | 2,556,730 | | |
$ | 2,568,767 | |
| Net Assets Consist of: | |
| | | |
| | |
| Paid-in Capital | |
$ | 2,515,001 | | |
$ | 2,491,001 | |
| Total Distributable Earnings | |
| 41,729 | | |
| 77,766 | |
| Net Assets | |
$ | 2,556,730 | | |
$ | 2,568,767 | |
| Outstanding Shares of Beneficial Interest | |
| | | |
| | |
| (unlimited authorization — no par value) | |
| 100,000 | | |
| 100,000 | |
| Net Asset Value, Offering and Redemption Price Per Share | |
| $25.57 | | |
| $25.69 | |
The accompanying notes are an integral part of the financial statements.
223
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X
Lithium &
Battery Tech
ETF | | |
Global X
SuperDividend®
ETF | | |
Global X Social
Media ETF | | |
Global X Guru®
Index ETF | |
| Investment Income: | |
| | | |
| | | |
| | | |
| | |
| Dividend Income | |
$ | 3,153,956 | | |
$ | 37,768,607 | | |
$ | 518,474 | | |
$ | 144,555 | |
| Interest Income | |
| 67,101 | | |
| 41,488 | | |
| 2,616 | | |
| 968 | |
| Security Lending Income, Net | |
| 1,510,525 | | |
| 410,220 | | |
| 37,240 | | |
| 33,941 | |
| Less: Foreign Taxes Withheld | |
| 987,319 | | |
| (2,650,235 | ) | |
| (18,966 | ) | |
| (408 | ) |
| Total Investment Income | |
| 5,718,901 | | |
| 35,570,080 | | |
| 539,364 | | |
| 179,056 | |
| Expenses: | |
| | | |
| | | |
| | | |
| | |
| Supervision and Administration Fees(1) | |
| 3,937,027 | | |
| 2,212,030 | | |
| 379,878 | | |
| 172,726 | |
| Custodian Fees(2) | |
| 13,907 | | |
| 12,177 | | |
| 1,430 | | |
| 82 | |
| Total Expenses | |
| 3,950,934 | | |
| 2,224,207 | | |
| 381,308 | | |
| 172,808 | |
| Waiver of Supervision and Administration Fees | |
| — | | |
| (11,961 | ) | |
| — | | |
| — | |
| Net Expenses | |
| 3,950,934 | | |
| 2,212,246 | | |
| 381,308 | | |
| 172,808 | |
| Net Investment Income | |
| 1,767,967 | | |
| 33,357,834 | | |
| 158,056 | | |
| 6,248 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | | |
| | | |
| | |
| Investments(3) | |
| (62,621,090 | ) | |
| 2,216,383 | | |
| 331,876 | | |
| 5,239,911 | |
| Futures Contracts | |
| — | | |
| (324,704 | ) | |
| — | | |
| — | |
| Foreign Currency Transactions | |
| (329,195 | ) | |
| 52,354 | | |
| (843 | ) | |
| — | |
| Net Realized Gain (Loss) | |
| (62,950,285 | ) | |
| 1,944,033 | | |
| 331,033 | | |
| 5,239,911 | |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | | |
| | | |
| | |
| Investments | |
| (98,055,816 | ) | |
| (33,862,805 | ) | |
| 3,809,982 | | |
| (4,881,539 | ) |
| Futures Contracts | |
| — | | |
| 538,180 | | |
| — | | |
| — | |
| Foreign Currency Translations | |
| 115,397 | | |
| (245,878 | ) | |
| 3,735 | | |
| — | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (97,940,419 | ) | |
| (33,570,503 | ) | |
| 3,813,717 | | |
| (4,881,539 | ) |
| Net Realized and Unrealized Gain (Loss) | |
| (160,890,704 | ) | |
| (31,626,470 | ) | |
| 4,144,750 | | |
| 358,372 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
$ | (159,122,737 | ) | |
$ | 1,731,364 | | |
$ | 4,302,806 | | |
$ | 364,620 | |
| (1) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (2) |
See Note 2 in the Notes to Financial Statements. |
| (3) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
224
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X
SuperIncome™
Preferred ETF | | |
Global X
SuperDividend®
U.S. ETF | | |
Global X MSCI
SuperDividend®
Emerging
Markets ETF | | |
Global X
SuperDividend®
REIT ETF | |
| Investment Income: | |
| | | |
| | | |
| | | |
| | |
| Dividend Income | |
$ | 4,486,224 | | |
$ | 14,058,324 | | |
$ | 1,117,731 | | |
$ | 6,674,956 | |
| Interest Income | |
| 3,998 | | |
| 238,356 | | |
| 1,633 | | |
| 15,382 | |
| Security Lending Income, Net | |
| 29,609 | | |
| 33,316 | | |
| 5,100 | | |
| — | |
| Less: Foreign Taxes Withheld | |
| — | | |
| (74,696 | ) | |
| (98,825 | ) | |
| (83,175 | ) |
| Total Investment Income | |
| 4,519,831 | | |
| 14,255,300 | | |
| 1,025,639 | | |
| 6,607,163 | |
| Expenses: | |
| | | |
| | | |
| | | |
| | |
| Supervision and Administration Fees(1) | |
| 338,637 | | |
| 1,447,475 | | |
| 112,974 | | |
| 557,129 | |
| Custodian Fees(2) | |
| 627 | | |
| 3,162 | | |
| 3,086 | | |
| 907 | |
| Total Expenses | |
| 339,264 | | |
| 1,450,637 | | |
| 116,060 | | |
| 558,036 | |
| Net Investment Income | |
| 4,180,567 | | |
| 12,804,663 | | |
| 909,579 | | |
| 6,049,127 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | | |
| | | |
| | |
| Investments(3) | |
| (6,218,123 | ) | |
| 57,687,348 | | |
| (413,758 | ) | |
| (279,731 | ) |
| Affiliated Investments | |
| — | | |
| 990,424 | | |
| — | | |
| — | |
| Futures Contracts | |
| — | | |
| — | | |
| (11,612 | ) | |
| (73,440 | ) |
| Foreign Currency Transactions | |
| — | | |
| — | | |
| (18,669 | ) | |
| (12,506 | ) |
| Foreign Capital Gains Tax | |
| — | | |
| — | | |
| 3,720 | | |
| — | |
| Net Realized Gain (Loss) | |
| (6,218,123 | ) | |
| 58,677,772 | | |
| (440,319 | ) | |
| (365,677 | ) |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | | |
| | | |
| | |
| Investments | |
| (5,942,409 | ) | |
| (72,630,038 | ) | |
| 2,944,962 | | |
| (6,326,431 | ) |
| Affiliated Investments | |
| — | | |
| 1,876,255 | | |
| — | | |
| — | |
| Futures Contracts | |
| — | | |
| — | | |
| 17,773 | | |
| 104,843 | |
| Foreign Capital Gains Tax on Appreciated Securities | |
| — | | |
| — | | |
| 13,344 | | |
| — | |
| Foreign Currency Translations | |
| — | | |
| — | | |
| (9,975 | ) | |
| 12,682 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (5,942,409 | ) | |
| (70,753,783 | ) | |
| 2,966,104 | | |
| (6,208,906 | ) |
| Net Realized and Unrealized Gain (Loss) | |
| (12,160,532 | ) | |
| (12,076,011 | ) | |
| 2,525,785 | | |
| (6,574,583 | ) |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
$ | (7,979,965 | ) | |
$ | 728,652 | | |
$ | 3,435,364 | | |
$ | (525,456 | ) |
| |
|
| (1) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (2) |
See Note 2 in the Notes to Financial Statements. |
| (3) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
225
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X
Renewable
Energy
Producers ETF | | |
Global X S&P
500® Catholic
Values ETF | | |
Global X MSCI
SuperDividend®
EAFE ETF | | |
Global X
E-commerce
ETF | |
| Investment Income: | |
| | | |
| | | |
| | | |
| | |
| Dividend Income | |
$ | 121,975 | | |
$ | 5,956,392 | | |
$ | 273,918 | | |
$ | 309,383 | |
| Interest Income | |
| 984 | | |
| 19,839 | | |
| 207 | | |
| 1,249 | |
| Security Lending Income, Net | |
| 5,453 | | |
| (56 | ) | |
| — | | |
| 26,371 | |
| Less: Foreign Taxes Withheld | |
| (22,378 | ) | |
| (1,226 | ) | |
| (30,900 | ) | |
| (1,894 | ) |
| Total Investment Income | |
| 106,034 | | |
| 5,974,949 | | |
| 243,225 | | |
| 335,109 | |
| Expenses: | |
| | | |
| | | |
| | | |
| | |
| Supervision and Administration Fees(1) | |
| 88,498 | | |
| 1,320,132 | | |
| 24,586 | | |
| 167,105 | |
| Custodian Fees(2) | |
| 150 | | |
| 411 | | |
| 24 | | |
| 26 | |
| Total Expenses | |
| 88,648 | | |
| 1,320,543 | | |
| 24,610 | | |
| 167,131 | |
| Net Investment Income | |
| 17,386 | | |
| 4,654,406 | | |
| 218,615 | | |
| 167,978 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | | |
| | | |
| | |
| Investments(3) | |
| (3,679,569 | ) | |
| 43,428,124 | | |
| (33,934 | ) | |
| 2,006,566 | |
| Foreign Currency Transactions | |
| (19,909 | ) | |
| — | | |
| (1,268 | ) | |
| (621 | ) |
| Net Realized Gain (Loss) | |
| (3,699,478 | ) | |
| 43,428,124 | | |
| (35,202 | ) | |
| 2,005,945 | |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | | |
| | | |
| | |
| Investments | |
| 473,103 | | |
| (59,793,302 | ) | |
| 1,213,892 | | |
| 119,809 | |
| Foreign Currency Translations | |
| 10,514 | | |
| — | | |
| 6,616 | | |
| — | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 483,617 | | |
| (59,793,302 | ) | |
| 1,220,508 | | |
| 119,809 | |
| Net Realized and Unrealized Gain (Loss) | |
| (3,215,861 | ) | |
| (16,365,178 | ) | |
| 1,185,306 | | |
| 2,125,754 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
$ | (3,198,475 | ) | |
$ | (11,710,772 | ) | |
$ | 1,403,921 | | |
$ | 2,293,732 | |
| |
|
| (1) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (2) |
See Note 2 in the Notes to Financial Statements. |
| (3) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
226
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X S&P
Catholic Values
Developed ex-
U.S. ETF | | |
Global X
NASDAQ 100®
Tail Risk ETF | | |
Global X
NASDAQ 100®
Collar 95-110
ETF | | |
Global X S&P
500® Tail Risk
ETF | |
| Investment Income: | |
| | | |
| | | |
| | | |
| | |
| Dividend Income | |
$ | 282,029 | | |
$ | 11,681 | | |
$ | 7,500 | | |
$ | 13,240 | |
| Interest Income | |
| 399 | | |
| 53 | | |
| 149 | | |
| 401 | |
| Less: Foreign Taxes Withheld | |
| (29,020 | ) | |
| (24 | ) | |
| (16 | ) | |
| (4 | ) |
| Total Investment Income | |
| 253,408 | | |
| 11,710 | | |
| 7,633 | | |
| 13,637 | |
| Expenses: | |
| | | |
| | | |
| | | |
| | |
| Supervision and Administration Fees(1) | |
| 30,143 | | |
| 3,727 | | |
| 2,429 | | |
| 2,558 | |
| Custodian Fees(2) | |
| 8 | | |
| — | | |
| — | | |
| 1 | |
| Total Expenses | |
| 30,151 | | |
| 3,727 | | |
| 2,429 | | |
| 2,559 | |
| Net Investment Income | |
| 223,257 | | |
| 7,983 | | |
| 5,204 | | |
| 11,078 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | | |
| | | |
| | |
| Investments(3) | |
| (200,540 | ) | |
| 239,626 | | |
| 28,675 | | |
| 218,728 | |
| Purchased Options | |
| — | | |
| (67,230 | ) | |
| 267 | | |
| (34,220 | ) |
| Written Options | |
| — | | |
| — | | |
| (8,956 | ) | |
| 25 | |
| Foreign Currency Transactions | |
| (822 | ) | |
| — | | |
| — | | |
| — | |
| Net Realized Gain (Loss) | |
| (201,362 | ) | |
| 172,396 | | |
| 19,986 | | |
| 184,533 | |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | | |
| | | |
| | |
| Investments | |
| 1,127,092 | | |
| (340,723 | ) | |
| (77,041 | ) | |
| (193,303 | ) |
| Purchased Options | |
| — | | |
| 2,770 | | |
| 26,089 | | |
| (2,833 | ) |
| Written Options | |
| — | | |
| — | | |
| 15,143 | | |
| — | |
| Foreign Currency Translations | |
| 5,128 | | |
| — | | |
| — | | |
| — | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 1,132,220 | | |
| (337,953 | ) | |
| (35,809 | ) | |
| (196,136 | ) |
| Net Realized and Unrealized Gain (Loss) | |
| 930,858 | | |
| (165,557 | ) | |
| (15,823 | ) | |
| (11,603 | ) |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
$ | 1,154,115 | | |
$ | (157,574 | ) | |
$ | (10,619 | ) | |
$ | (525 | ) |
| |
|
| (1) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (2) |
See Note 2 in the Notes to Financial Statements. |
| (3) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
227
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X S&P
500® Collar 95-
110 ETF | | |
Global X
Disruptive
Materials ETF | | |
Global X Russell
2000 ETF | | |
Global X U.S.
Electrification
ETF (1) | |
| Investment Income: | |
| | | |
| | | |
| | | |
| | |
| Dividend Income | |
$ | 19,160 | | |
$ | 25,801 | | |
$ | 8,055,582 | | |
$ | 448,937 | |
| Interest Income | |
| 267 | | |
| 197 | | |
| 37,893 | | |
| 669 | |
| Security Lending Income, Net | |
| — | | |
| — | | |
| 398,146 | | |
| — | |
| Less: Foreign Taxes Withheld | |
| (8 | ) | |
| (1,503 | ) | |
| (32,648 | ) | |
| — | |
| Total Investment Income | |
| 19,419 | | |
| 24,495 | | |
| 8,458,973 | | |
| 449,606 | |
| Expenses: | |
| | | |
| | | |
| | | |
| | |
| Supervision and Administration Fees(2) | |
| 3,585 | | |
| 14,393 | | |
| 594,299 | | |
| 97,635 | |
| Custodian Fees(3) | |
| 40 | | |
| 20 | | |
| 2,406 | | |
| — | |
| Total Expenses | |
| 3,625 | | |
| 14,413 | | |
| 596,705 | | |
| 97,635 | |
| Net Investment Income | |
| 15,794 | | |
| 10,082 | | |
| 7,862,268 | | |
| 351,971 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | | |
| | | |
| | |
| Investments(4) | |
| 599,866 | | |
| (290,766 | ) | |
| 15,042,394 | | |
| 869,685 | |
| Affiliated Investments | |
| — | | |
| — | | |
| 26,857 | | |
| — | |
| Purchased Options | |
| (191,677 | ) | |
| — | | |
| — | | |
| — | |
| Written Options | |
| (1,315 | ) | |
| — | | |
| — | | |
| — | |
| Futures Contracts | |
| — | | |
| — | | |
| (1,205,799 | ) | |
| — | |
| Foreign Currency Transactions | |
| — | | |
| (156 | ) | |
| — | | |
| — | |
| Net Realized Gain (Loss) | |
| 406,874 | | |
| (290,922 | ) | |
| 13,863,452 | | |
| 869,685 | |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | | |
| | | |
| | |
| Investments | |
| (532,679 | ) | |
| (264,707 | ) | |
| (178,673,448 | ) | |
| (1,489,718 | ) |
| Affiliated Investments | |
| — | | |
| — | | |
| (1,123,246 | ) | |
| — | |
| Purchased Options | |
| 8,872 | | |
| — | | |
| — | | |
| — | |
| Written Options | |
| 2,838 | | |
| — | | |
| — | | |
| — | |
| Futures Contracts | |
| — | | |
| — | | |
| 145,888 | | |
| — | |
| Foreign Currency Translations | |
| — | | |
| 208 | | |
| — | | |
| — | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (520,969 | ) | |
| (264,499 | ) | |
| (179,650,806 | ) | |
| (1,489,718 | ) |
| Net Realized and Unrealized Gain (Loss) | |
| (114,095 | ) | |
| (555,421 | ) | |
| (165,787,354 | ) | |
| (620,033 | ) |
| Net Decrease in Net Assets Resulting from Operations | |
$ | (98,301 | ) | |
$ | (545,339 | ) | |
$ | (157,925,086 | ) | |
$ | (268,062 | ) |
| |
|
| (1) |
The Fund commenced operations on December 17, 2024. |
| (2) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (3) |
See Note 2 in the Notes to Financial Statements. |
| (4) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
228
Statements
of Operations
For the period ended April 30, 2025 (Unaudited)
| | |
Global X S&P
500 U.S.
Market
Leaders Top 50
ETF (1) |
| |
Global X
S&P 500 U.S.
Revenue Leaders
ETF (1) |
|
| Investment Income: | |
| | | |
| | |
| Dividend Income | |
$ | 365 | | |
$ | 617 | |
| Total Investment Income | |
| 365 | | |
| 617 | |
| Expenses: | |
| | | |
| | |
| Supervision and Administration Fees(2) | |
| 276 | | |
| 181 | |
| Total Expenses | |
| 276 | | |
| 181 | |
| Net Investment Income | |
| 89 | | |
| 436 | |
| Net Realized Gain (Loss) on: | |
| | | |
| | |
| Investments(3) | |
| (8 | ) | |
| (19 | ) |
| Net Realized Gain (Loss) | |
| (8 | ) | |
| (19 | ) |
| Net Change in Unrealized Appreciation (Depreciation) on: | |
| | | |
| | |
| Investments | |
| 41,648 | | |
| 77,349 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 41,648 | | |
| 77,349 | |
| Net Realized and Unrealized Gain (Loss) | |
| 41,640 | | |
| 77,330 | |
| Net Increase in Net Assets Resulting from Operations | |
$ | 41,729 | | |
$ | 77,766 | |
| |
|
| (1) |
The Fund commenced operations on April 15, 2025. |
| (2) |
The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) |
| (3) |
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.) |
The accompanying notes are an integral
part of the financial statements.
229
Statements of Changes in Net Assets
| | |
Global X Lithium & Battery Tech
ETF | |
Global X SuperDividend® ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 1,767,967 | | |
$ | 13,201,905 | | |
$ | 33,357,834 | | |
$ | 70,922,725 | |
| Net Realized Gain (Loss) | |
| (62,950,285 | ) | |
| (193,462,841 | ) | |
| 1,944,033 | | |
| (23,014,955 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (97,940,419 | ) | |
| 39,536,654 | | |
| (33,570,503 | ) | |
| 92,087,615 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (159,122,737 | ) | |
| (140,724,282 | ) | |
| 1,731,364 | | |
| 139,995,385 | |
| Distributions: | |
| (3,436,010 | ) | |
| (22,783,171 | ) | |
| (42,896,031 | ) | |
| (82,970,679 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 58,572,369 | | |
| 116,187,325 | | |
| 38,093,412 | | |
| 50,972,077 | |
| Redeemed | |
| (338,585,305 | ) | |
| (773,318,360 | ) | |
| — | | |
| (18,085,050 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| (280,012,936 | ) | |
| (657,131,035 | ) | |
| 38,093,412 | | |
| 32,887,027 | |
| Total Increase (Decrease) in Net Assets | |
| (442,571,683 | ) | |
| (820,638,488 | ) | |
| (3,071,255 | ) | |
| 89,911,733 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 1,275,152,157 | | |
| 2,095,790,645 | | |
| 789,022,363 | | |
| 699,110,630 | |
| End of Year/Period | |
$ | 832,580,474 | | |
$ | 1,275,152,157 | | |
$ | 785,951,108 | | |
$ | 789,022,363 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 1,510,000 | | |
| 2,480,000 | | |
| 1,820,000 | | |
| 2,340,000 | |
| Redeemed | |
| (8,250,000 | ) | |
| (17,400,000 | ) | |
| — | | |
| (800,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| (6,740,000 | ) | |
| (14,920,000 | ) | |
| 1,820,000 | | |
| 1,540,000 | |
The accompanying notes are an integral part
of the financial statements.
230
Statements of Changes in Net Assets
| | |
Global X Social Media ETF | |
Global X Guru® Index ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 158,056 | | |
$ | 149,265 | | |
$ | 6,248 | | |
$ | 163,569 | |
| Net Realized Gain (Loss) | |
| 331,033 | | |
| (11,464,854 | ) | |
| 5,239,911 | | |
| 8,196,765 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 3,813,717 | | |
| 39,129,234 | | |
| (4,881,539 | ) | |
| 7,367,835 | |
| Net Increase in Net Assets Resulting from Operations | |
| 4,302,806 | | |
| 27,813,645 | | |
| 364,620 | | |
| 15,728,169 | |
| Distributions: | |
| — | | |
| (378,226 | ) | |
| (70,127 | ) | |
| (217,907 | ) |
| Return of Capital: | |
| — | | |
| (173,861 | ) | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 929,953 | | |
| 16,870,837 | | |
| 19,694,101 | | |
| 29,444,581 | |
| Redeemed | |
| (10,023,133 | ) | |
| (65,429,755 | ) | |
| (21,295,046 | ) | |
| (41,717,193 | ) |
| Decrease in Net Assets from Capital Share Transactions | |
| (9,093,180 | ) | |
| (48,558,918 | ) | |
| (1,600,945 | ) | |
| (12,272,612 | ) |
| Total Increase (Decrease) in Net Assets | |
| (4,790,374 | ) | |
| (21,297,360 | ) | |
| (1,306,452 | ) | |
| 3,237,650 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 119,099,636 | | |
| 140,396,996 | | |
| 44,994,898 | | |
| 41,757,248 | |
| End of Year/Period | |
$ | 114,309,262 | | |
$ | 119,099,636 | | |
$ | 43,688,446 | | |
$ | 44,994,898 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 20,000 | | |
| 410,000 | | |
| 380,000 | | |
| 720,000 | |
| Redeemed | |
| (230,000 | ) | |
| (1,610,000 | ) | |
| (410,000 | ) | |
| (1,010,000 | ) |
| Net Decrease in Shares Outstanding from Share Transactions | |
| (210,000 | ) | |
| (1,200,000 | ) | |
| (30,000 | ) | |
| (290,000 | ) |
The accompanying notes are an integral part
of the financial statements.
231
Statements of Changes in Net Assets
| | |
Global X SuperIncome™ Preferred
ETF | |
Global X SuperDividend® U.S. ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 4,180,567 | | |
$ | 9,404,477 | | |
$ | 12,804,663 | | |
$ | 26,362,252 | |
| Net Realized Gain (Loss) | |
| (6,218,123 | ) | |
| 1,863,914 | | |
| 58,677,772 | | |
| (14,393,928 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (5,942,409 | ) | |
| 23,040,899 | | |
| (70,753,783 | ) | |
| 130,700,573 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (7,979,965 | ) | |
| 34,309,290 | | |
| 728,652 | | |
| 142,668,897 | |
| Distributions: | |
| (4,939,687 | ) | |
| (9,677,017 | ) | |
| (19,366,033 | ) | |
| (38,896,520 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| — | | |
| 51,586,318 | | |
| 297,942,672 | | |
| 52,943,209 | |
| Redeemed | |
| (7,219,565 | ) | |
| (82,999,264 | ) | |
| (285,619,026 | ) | |
| (102,780,324 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| (7,219,565 | ) | |
| (31,412,946 | ) | |
| 12,323,646 | | |
| (49,837,115 | ) |
| Total Increase (Decrease) in Net Assets | |
| (20,139,217 | ) | |
| (6,780,673 | ) | |
| (6,313,735 | ) | |
| 53,935,262 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 150,709,426 | | |
| 157,490,099 | | |
| 644,834,762 | | |
| 590,899,500 | |
| End of Year/Period | |
$ | 130,570,209 | | |
$ | 150,709,426 | | |
$ | 638,521,027 | | |
$ | 644,834,762 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| — | | |
| 5,240,000 | | |
| 15,710,000 | | |
| 2,990,000 | |
| Redeemed | |
| (780,000 | ) | |
| (8,710,000 | ) | |
| (15,060,000 | ) | |
| (5,950,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| (780,000 | ) | |
| (3,470,000 | ) | |
| 650,000 | | |
| (2,960,000 | ) |
The accompanying notes are an integral part
of the financial statements.
232
Statements of Changes in Net Assets
| | |
Global X MSCI SuperDividend®
Emerging Markets ETF | |
Global X SuperDividend® REIT
ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 909,579 | | |
$ | 2,903,259 | | |
$ | 6,049,127 | | |
$ | 13,198,901 | |
| Net Realized Gain (Loss) | |
| (440,319 | ) | |
| 2,196,556 | | |
| (365,677 | ) | |
| (42,571,639 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 2,966,104 | | |
| 2,101,831 | | |
| (6,208,906 | ) | |
| 78,531,466 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| 3,435,364 | | |
| 7,201,646 | | |
| (525,456 | ) | |
| 49,158,728 | |
| Distributions: | |
| (1,174,166 | ) | |
| (3,099,999 | ) | |
| (8,585,083 | ) | |
| (14,475,897 | ) |
| Return of Capital: | |
| — | | |
| — | | |
| — | | |
| (3,572,605 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 252,407 | | |
| 285,437 | | |
| 37 | | |
| 9,329,225 | |
| Redeemed | |
| (1,933,757 | ) | |
| (9,727,461 | ) | |
| (30,476,066 | ) | |
| (37,516,690 | ) |
| Decrease in Net Assets from Capital Share Transactions | |
| (1,681,350 | ) | |
| (9,442,024 | ) | |
| (30,476,029 | ) | |
| (28,187,465 | ) |
| Total Increase (Decrease) in Net Assets | |
| 579,848 | | |
| (5,340,377 | ) | |
| (39,586,568 | ) | |
| 2,922,761 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 36,233,524 | | |
| 41,573,901 | | |
| 220,575,873 | | |
| 217,653,112 | |
| End of Year/Period | |
$ | 36,813,372 | | |
$ | 36,233,524 | | |
$ | 180,989,305 | | |
$ | 220,575,873 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 10,000 | | |
| 10,000 | | |
| — | | |
| 460,000 | |
| Redeemed | |
| (80,000 | ) | |
| (390,000 | ) | |
| (1,520,000 | ) | |
| (1,820,000 | ) |
| Net Decrease in Shares Outstanding from Share Transactions | |
| (70,000 | ) | |
| (380,000 | ) | |
| (1,520,000 | ) | |
| (1,360,000 | ) |
The accompanying notes are an integral part
of the financial statements.
233
Statements of Changes in Net Assets
| | |
Global X Renewable Energy
Producers ETF | |
Global X S&P 500® Catholic Values
ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 17,386 | | |
$ | 488,950 | | |
$ | 4,654,406 | | |
$ | 9,272,247 | |
| Net Realized Gain (Loss) | |
| (3,699,478 | ) | |
| (8,622,481 | ) | |
| 43,428,124 | | |
| 44,965,062 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 483,617 | | |
| 11,460,523 | | |
| (59,793,302 | ) | |
| 192,334,216 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (3,198,475 | ) | |
| 3,326,992 | | |
| (11,710,772 | ) | |
| 246,571,525 | |
| Distributions: | |
| (201,615 | ) | |
| (604,064 | ) | |
| (5,542,876 | ) | |
| (8,941,586 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 6,305 | | |
| — | | |
| 81,998,744 | | |
| 101,654,644 | |
| Redeemed | |
| (7,950,053 | ) | |
| (12,538,188 | ) | |
| (94,600,772 | ) | |
| (111,563,065 | ) |
| Decrease in Net Assets from Capital Share Transactions | |
| (7,943,748 | ) | |
| (12,538,188 | ) | |
| (12,602,028 | ) | |
| (9,908,421 | ) |
| Total Increase (Decrease) in Net Assets | |
| (11,343,838 | ) | |
| (9,815,260 | ) | |
| (29,855,676 | ) | |
| 227,721,518 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 33,981,427 | | |
| 43,796,687 | | |
| 899,518,711 | | |
| 671,797,193 | |
| End of Year/Period | |
$ | 22,637,589 | | |
$ | 33,981,427 | | |
$ | 869,663,035 | | |
$ | 899,518,711 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| — | | |
| — | | |
| 1,190,000 | | |
| 1,590,000 | |
| Redeemed | |
| (930,000 | ) | |
| (1,220,000 | ) | |
| (1,350,000 | ) | |
| (1,700,000 | ) |
| Net Decrease in Shares Outstanding from Share Transactions | |
| (930,000 | ) | |
| (1,220,000 | ) | |
| (160,000 | ) | |
| (110,000 | ) |
The accompanying notes are an integral part
of the financial statements.
234
Statements of Changes in Net Assets
| | |
Global X MSCI SuperDividend®
EAFE ETF | |
Global X E-commerce ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 218,615 | | |
$ | 636,302 | | |
$ | 167,978 | | |
$ | 175,004 | |
| Net Realized Gain (Loss) | |
| (35,202 | ) | |
| 495,445 | | |
| 2,005,945 | | |
| (7,253,175 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 1,220,508 | | |
| 993,082 | | |
| 119,809 | | |
| 37,703,762 | |
| Net Increase in Net Assets Resulting from Operations | |
| 1,403,921 | | |
| 2,124,829 | | |
| 2,293,732 | | |
| 30,625,591 | |
| Distributions: | |
| (317,088 | ) | |
| (677,906 | ) | |
| (18,295 | ) | |
| (154,261 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 2,074,603 | | |
| 4,727,233 | | |
| 23,450,730 | | |
| 2,421,200 | |
| Redeemed | |
| (2,323,428 | ) | |
| (5,425,057 | ) | |
| (15,961,566 | ) | |
| (38,729,592 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| (248,825 | ) | |
| (697,824 | ) | |
| 7,489,164 | | |
| (36,308,392 | ) |
| Total Increase (Decrease) in Net Assets | |
| 838,008 | | |
| 749,099 | | |
| 9,764,601 | | |
| (5,837,062 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 10,831,075 | | |
| 10,081,976 | | |
| 56,231,483 | | |
| 62,068,545 | |
| End of Year/Period | |
$ | 11,669,083 | | |
$ | 10,831,075 | | |
$ | 65,996,084 | | |
$ | 56,231,483 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 130,000 | | |
| 320,000 | | |
| 830,000 | | |
| 100,000 | |
| Redeemed | |
| (160,000 | ) | |
| (380,000 | ) | |
| (570,000 | ) | |
| (1,650,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| (30,000 | ) | |
| (60,000 | ) | |
| 260,000 | | |
| (1,550,000 | ) |
The accompanying notes are an integral part of the financial statements.
235
Statements of Changes in Net Assets
| | |
Global X S&P Catholic Values
Developed ex-U.S. ETF | |
Global X NASDAQ 100® Tail Risk
ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 223,257 | | |
$ | 344,498 | | |
$ | 7,983 | | |
$ | 13,732 | |
| Net Realized Gain (Loss) | |
| (201,362 | ) | |
| 1,812,411 | | |
| 172,396 | | |
| (38,472 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 1,132,220 | | |
| 1,187,452 | | |
| (337,953 | ) | |
| 553,452 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| 1,154,115 | | |
| 3,344,361 | | |
| (157,574 | ) | |
| 528,712 | |
| Distributions: | |
| (164,744 | ) | |
| (400,397 | ) | |
| (8,574 | ) | |
| (10,896 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 8,880,747 | | |
| 4,720,088 | | |
| 633,891 | | |
| 1,328,808 | |
| Redeemed | |
| — | | |
| (9,419,485 | ) | |
| (859,390 | ) | |
| (501,847 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| 8,880,747 | | |
| (4,699,397 | ) | |
| (225,499 | ) | |
| 826,961 | |
| Total Increase (Decrease) in Net Assets | |
| 9,870,118 | | |
| (1,755,433 | ) | |
| (391,647 | ) | |
| 1,344,777 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 12,729,182 | | |
| 14,484,615 | | |
| 2,707,146 | | |
| 1,362,369 | |
| End of Year/Period | |
$ | 22,599,300 | | |
$ | 12,729,182 | | |
$ | 2,315,499 | | |
$ | 2,707,146 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 280,000 | | |
| 150,000 | | |
| 20,000 | | |
| 50,000 | |
| Redeemed | |
| — | | |
| (300,000 | ) | |
| (30,000 | ) | |
| (20,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| 280,000 | | |
| (150,000 | ) | |
| (10,000 | ) | |
| 30,000 | |
The accompanying notes are an integral part
of the financial statements.
236
Statements of Changes in Net Assets
| | |
Global X NASDAQ 100® Collar
95-110 ETF | |
Global X S&P 500® Tail Risk ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | |
| | |
| | |
| |
| Net Investment Income | |
$ | 5,204 | | |
$ | 13,750 | | |
$ | 11,078 | | |
$ | 32,789 | |
| Net Realized Gain (Loss) | |
| 19,986 | | |
| 9,497 | | |
| 184,533 | | |
| 133,289 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (35,809 | ) | |
| 505,587 | | |
| (196,136 | ) | |
| 641,746 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (10,619 | ) | |
| 528,834 | | |
| (525 | ) | |
| 807,824 | |
| Distributions: | |
| (151,012 | ) | |
| (13,700 | ) | |
| (444,166 | ) | |
| (32,910 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 576,640 | | |
| — | | |
| 254,448 | | |
| 295,892 | |
| Redeemed | |
| — | | |
| (823,650 | ) | |
| (568,465 | ) | |
| (922,471 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| 576,640 | | |
| (823,650 | ) | |
| (314,017 | ) | |
| (626,579 | ) |
| Total Increase (Decrease) in Net Assets | |
| 415,009 | | |
| (308,516 | ) | |
| (758,708 | ) | |
| 148,335 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 1,803,518 | | |
| 2,112,034 | | |
| 2,571,683 | | |
| 2,423,348 | |
| End of Year/Period | |
$ | 2,218,527 | | |
$ | 1,803,518 | | |
$ | 1,812,975 | | |
$ | 2,571,683 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 20,000 | | |
| — | | |
| 10,000 | | |
| 10,000 | |
| Redeemed | |
| — | | |
| (30,000 | ) | |
| (20,000 | ) | |
| (30,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| 20,000 | | |
| (30,000 | ) | |
| (10,000 | ) | |
| (20,000 | ) |
The accompanying notes are an integral part of the financial statements.
237
Statements of Changes in Net Assets
| | |
Global X S&P 500® Collar 95-110
ETF | |
Global X Disruptive Materials ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 | |
Period Ended
April 30, 2025
(Unaudited) | |
Year Ended
October 31, 2024 |
| Operations: | |
| | | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 15,794 | | |
$ | 27,493 | | |
$ | 10,082 | | |
$ | 51,129 | |
| Net Realized Gain (Loss) | |
| 406,874 | | |
| 89,516 | | |
| (290,922 | ) | |
| (872,431 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (520,969 | ) | |
| 515,442 | | |
| (264,499 | ) | |
| 1,720,719 | |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (98,301 | ) | |
| 632,451 | | |
| (545,339 | ) | |
| 899,417 | |
| Distributions: | |
| (302,139 | ) | |
| (28,907 | ) | |
| (32,282 | ) | |
| (77,577 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 6,705,702 | | |
| — | | |
| 958 | | |
| 564,782 | |
| Redeemed | |
| (5,349,211 | ) | |
| (906,822 | ) | |
| (2,254,700 | ) | |
| (3,105,834 | ) |
| Increase (Decrease) in Net Assets from Capital Share Transactions | |
| 1,356,491 | | |
| (906,822 | ) | |
| (2,253,742 | ) | |
| (2,541,052 | ) |
| Total Increase (Decrease) in Net Assets | |
| 956,051 | | |
| (303,278 | ) | |
| (2,831,363 | ) | |
| (1,719,212 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | | |
| | |
| Beginning of Year/Period | |
| 1,917,885 | | |
| 2,221,163 | | |
| 5,964,635 | | |
| 7,683,847 | |
| End of Year/Period | |
$ | 2,873,936 | | |
$ | 1,917,885 | | |
$ | 3,133,272 | | |
$ | 5,964,635 | |
| | |
| | | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | | |
| | |
| Issued | |
| 250,000 | | |
| — | | |
| — | | |
| 40,000 | |
| Redeemed | |
| (200,000 | ) | |
| (30,000 | ) | |
| (150,000 | ) | |
| (210,000 | ) |
| Net Increase (Decrease) in Shares Outstanding from Share Transactions | |
| 50,000 | | |
| (30,000 | ) | |
| (150,000 | ) | |
| (170,000 | ) |
The accompanying notes are an integral part
of the financial statements.
238
Statements of Changes in Net Assets
| | |
Global X Russell 2000 ETF | |
Global X U.S.
Electrification
ETF |
| | |
Period Ended
April 30, 2025
(Unaudited) | |
Period Ended
October 31,
2024(1) | |
Period Ended
April 30, 2025(2)
(Unaudited) |
| Operations: | |
| | | |
| | | |
| | |
| Net Investment Income | |
$ | 7,862,268 | | |
$ | 7,284,552 | | |
$ | 351,971 | |
| Net Realized Gain (Loss) | |
| 13,863,452 | | |
| 27,727,352 | | |
| 869,685 | |
| Net Change in Unrealized Appreciation (Depreciation) | |
| (179,650,806 | ) | |
| 96,797,313 | | |
| (1,489,718 | ) |
| Net Increase (Decrease) in Net Assets Resulting from Operations | |
| (157,925,086 | ) | |
| 131,809,217 | | |
| (268,062 | ) |
| Distributions: | |
| (12,184,524 | ) | |
| (5,855,188 | ) | |
| (325,400 | ) |
| | |
| | | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | | |
| | |
| Issued | |
| 225,537,350 | | |
| 1,614,350,981 | | |
| 91,239,744 | |
| Redeemed | |
| (74,526,963 | ) | |
| (305,364,902 | ) | |
| (32,560,689 | ) |
| Increase in Net Assets from Capital Share Transactions | |
| 151,010,387 | | |
| 1,308,986,079 | | |
| 58,679,055 | |
| Total Increase (Decrease) in Net Assets | |
| (19,099,223 | ) | |
| 1,434,940,108 | | |
| 58,085,593 | |
| | |
| | | |
| | | |
| | |
| Net Assets: | |
| | | |
| | | |
| | |
| Beginning of Period | |
| 1,434,940,108 | | |
| — | | |
| — | |
| End of Period | |
$ | 1,415,840,885 | | |
$ | 1,434,940,108 | | |
$ | 58,085,593 | |
| | |
| | | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | | |
| | |
| Issued | |
| 2,670,001 | | |
| 20,380,000 | | |
| 3,670,000 | |
| Redeemed | |
| (910,001 | ) | |
| (3,650,000 | ) | |
| (1,330,000 | ) |
| Net Increase in Shares Outstanding from Share Transactions | |
| 1,760,000 | | |
| 16,730,000 | | |
| 2,340,000 | |
| (1) |
The Fund commenced operations on June 4, 2024. |
| (2) |
The Fund commenced operations on December 17, 2024. |
The accompanying notes are an integral part of the financial statements.
239
Statements of Changes in Net Assets
| | |
Global X S&P
500 U.S. Market
Leaders Top 50
ETF | |
Global X
S&P 500 U.S.
Revenue Leaders
ETF |
| | |
Period Ended
April 30, 2025(1)
(Unaudited) | |
Period Ended
April 30, 2025(1)
(Unaudited) |
| Operations: | |
| | | |
| | |
| Net Investment Income | |
$ | 89 | | |
$ | 436 | |
| Net Realized Gain (Loss) | |
| (8 | ) | |
| (19 | ) |
| Net Change in Unrealized Appreciation (Depreciation) | |
| 41,648 | | |
| 77,349 | |
| Net Increase in Net Assets Resulting from Operations | |
| 41,729 | | |
| 77,766 | |
| | |
| | | |
| | |
| Capital Share Transactions: | |
| | | |
| | |
| Issued | |
| 2,515,001 | | |
| 2,491,001 | |
| Increase in Net Assets from Capital Share Transactions | |
| 2,515,001 | | |
| 2,491,001 | |
| Total Increase in Net Assets | |
| 2,556,730 | | |
| 2,568,767 | |
| | |
| | | |
| | |
| Net Assets: | |
| | | |
| | |
| Beginning of Period | |
| — | | |
| — | |
| End of Period | |
$ | 2,556,730 | | |
$ | 2,568,767 | |
| | |
| | | |
| | |
| Share Transactions: | |
| | | |
| | |
| Issued | |
| 100,000 | | |
| 100,000 | |
| | |
| | | |
| | |
| Net Increase in Shares Outstanding from Share Transactions | |
| 100,000 | | |
| 100,000 | |
| (1) |
The Fund commenced operations on April 15, 2025. |
The accompanying notes are an integral part
of the financial statements.
240
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income (Loss)
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X Lithium & Battery Tech ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 43.42 | | |
| 0.07 | | |
| (6.56 | ) | |
| (6.49 | ) | |
| (0.13 | ) | |
| — | | |
| — | |
| 2024 | |
| 47.33 | | |
| 0.37 | | |
| (3.67 | ) | |
| (3.30 | ) | |
| (0.61 | ) | |
| — | | |
| — | |
| 2023 | |
| 67.13 | | |
| 0.58 | | |
| (19.66 | ) | |
| (19.08 | ) | |
| (0.72 | ) | |
| — | | |
| — | |
| 2022 | |
| 91.07 | | |
| 0.26 | | |
| (23.99 | ) | |
| (23.73 | ) | |
| (0.21 | ) | |
| — | | |
| — | |
| 2021 | |
| 42.86 | | |
| 0.12 | | |
| 48.21 | | |
| 48.33 | | |
| (0.12 | ) | |
| — | | |
| — | |
| 2020 | |
| 25.04 | | |
| 0.40 | | |
| 17.86 | | |
| 18.26 | | |
| (0.44 | ) | |
| — | | |
| — | |
| Global X SuperDividend® ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 21.99 | | |
| 0.91 | | |
| (0.88 | ) | |
| 0.03 | | |
| (1.17 | ) | |
| — | | |
| — | |
| 2024 | |
| 20.36 | | |
| 2.03 | | |
| 1.98 | | |
| 4.01 | | |
| (2.38 | ) | |
| — | | |
| — | |
| 2023(1) | |
| 23.05 | | |
| 2.11 | | |
| (2.02 | ) | |
| 0.09 | | |
| (2.22 | ) | |
| — | | |
| (0.56 | ) |
| 2022(1) | |
| 39.03 | | |
| 2.31 | | |
| (14.68 | ) | |
| (12.37 | ) | |
| (2.65 | ) | |
| — | | |
| (0.96 | ) |
| 2021(1) | |
| 31.83 | | |
| 2.82 | | |
| 7.38 | | |
| 10.20 | | |
| (3.00 | ) | |
| — | | |
| — | |
| 2020(1) | |
| 51.75 | | |
| 2.58 | | |
| (19.02 | ) | |
| (16.44 | ) | |
| (3.12 | ) | |
| — | | |
| (0.36 | ) |
| Global X Social Media ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 41.94 | | |
| 0.06 | | |
| 1.46 | | |
| 1.52 | | |
| — | | |
| — | | |
| — | |
| 2024 | |
| 34.75 | | |
| 0.04 | | |
| 7.31 | | |
| 7.35 | | |
| (0.11 | ) | |
| — | | |
| (0.05 | ) |
| 2023 | |
| 24.88 | | |
| 0.19 | | |
| 9.87 | | |
| 10.06 | | |
| (0.19 | ) | |
| — | | |
| — | |
| 2022 | |
| 61.26 | | |
| 0.03 | | |
| (36.29 | ) | |
| (36.26 | ) | |
| — | | |
| — | | |
| (0.12 | ) |
| 2021 | |
| 51.95 | | |
| (0.31 | ) | |
| 9.62 | | |
| 9.31 | | |
| — | | |
| — | | |
| — | |
| 2020 | |
| 31.92 | | |
| (0.11 | ) | |
| 20.14 | | |
| 20.03 | | |
| — | | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
| (1) |
Per share amounts have been adjusted for a 1 for 3 reverse share split on December 19, 2022 (See Note 9 in the Notes
to Financial Statements.) |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
241
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets (%) | |
Ratio of Net
Investment Income
(Loss)
to Average
Net Assets (%) | |
Portfolio
Turnover Rate
(%)†† |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.13 | ) | |
| 36.80 | | |
| (14.98 | ) | |
| 832,580 | | |
| 0.75 | † | |
| 0.34 | † | |
| 13.61 | |
| | (0.61 | ) | |
| 43.42 | | |
| (7.04 | ) | |
| 1,275,152 | | |
| 0.75 | | |
| 0.84 | | |
| 22.87 | |
| | (0.72 | ) | |
| 47.33 | | |
| (28.63 | ) | |
| 2,095,791 | | |
| 0.75 | | |
| 0.92 | | |
| 19.76 | |
| | (0.21 | ) | |
| 67.13 | | |
| (26.10 | ) | |
| 3,899,509 | | |
| 0.75 | | |
| 0.33 | | |
| 38.73 | |
| | (0.12 | ) | |
| 91.07 | | |
| 112.89 | | |
| 5,375,399 | | |
| 0.75 | | |
| 0.17 | | |
| 39.09 | |
| | (0.44 | ) | |
| 42.86 | | |
| 73.82 | | |
| 868,894 | | |
| 0.75 | | |
| 1.30 | | |
| 65.14 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (1.17 | ) | |
| 20.85 | | |
| 0.22 | | |
| 785,951 | | |
| 0.58 | † | |
| 8.74 | † | |
| 43.36 | |
| | (2.38 | ) | |
| 21.99 | | |
| 20.42 | | |
| 789,022 | | |
| 0.58 | | |
| 9.23 | | |
| 92.54 | |
| | (2.78 | ) | |
| 20.36 | | |
| (0.31 | ) | |
| 699,111 | | |
| 0.58 | | |
| 9.18 | | |
| 91.59 | |
| | (3.61 | ) | |
| 23.05 | | |
| (33.80 | ) | |
| 676,279 | | |
| 0.61 | | |
| 7.39 | | |
| 91.10 | |
| | (3.00 | ) | |
| 39.03 | | |
| 32.21 | | |
| 930,431 | | |
| 0.58 | | |
| 6.98 | | |
| 82.37 | |
| | (3.48 | ) | |
| 31.83 | | |
| (32.80 | ) | |
| 626,871 | | |
| 0.59 | | |
| 6.62 | | |
| 124.55 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | — | | |
| 43.46 | | |
| 3.62 | | |
| 114,309 | | |
| 0.65 | † | |
| 0.27 | † | |
| 5.58 | |
| | (0.16 | ) | |
| 41.94 | | |
| 21.15 | | |
| 119,100 | | |
| 0.65 | | |
| 0.10 | | |
| 16.85 | |
| | (0.19 | ) | |
| 34.75 | | |
| 40.40 | | |
| 140,397 | | |
| 0.65 | | |
| 0.53 | | |
| 29.09 | |
| | (0.12 | ) | |
| 24.88 | | |
| (59.24 | ) | |
| 103,245 | | |
| 0.65 | | |
| 0.06 | | |
| 21.59 | |
| | — | | |
| 61.26 | | |
| 17.94 | | |
| 401,893 | | |
| 0.65 | | |
| (0.48 | ) | |
| 30.89 | |
| | — | | |
| 51.95 | | |
| 62.75 | | |
| 225,999 | | |
| 0.65 | | |
| (0.28 | ) | |
| 19.23 | |
The accompanying notes are an integral part
of the financial statements.
242
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X Guru® Index ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 48.38 | | |
| 0.01 | | |
| 0.23 | | |
| 0.24 | | |
| (0.08 | ) | |
| — | | |
| — | |
| 2024 | |
| 34.23 | | |
| 0.16 | | |
| 14.18 | | |
| 14.34 | | |
| (0.19 | ) | |
| — | | |
| — | |
| 2023 | |
| 33.48 | | |
| 0.12 | | |
| 0.75 | | |
| 0.87 | | |
| (0.11 | ) | |
| — | | |
| (0.01 | ) |
| 2022 | |
| 50.24 | | |
| 0.01 | | |
| (16.72 | ) | |
| (16.71 | ) | |
| (0.01 | ) | |
| — | | |
| (0.04 | ) |
| 2021 | |
| 37.31 | | |
| 0.69 | | |
| 13.14 | | |
| 13.83 | | |
| (0.90 | ) | |
| — | | |
| — | |
| 2020 | |
| 34.02 | | |
| 0.33 | | |
| 3.32 | | |
| 3.65 | | |
| (0.34 | ) | |
| — | | |
| (0.02 | ) |
| Global X SuperIncome™ Preferred ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 9.59 | | |
| 0.27 | | |
| (0.80 | ) | |
| (0.53 | ) | |
| (0.32 | ) | |
| — | | |
| — | |
| 2024 | |
| 8.21 | | |
| 0.55 | | |
| 1.39 | | |
| 1.94 | | |
| (0.56 | ) | |
| — | | |
| — | |
| 2023 | |
| 9.67 | | |
| 0.60 | | |
| (1.44 | ) | |
| (0.84 | ) | |
| (0.62 | ) | |
| — | | |
| — | |
| 2022 | |
| 11.94 | | |
| 0.54 | | |
| (2.13 | ) | |
| (1.59 | ) | |
| (0.65 | ) | |
| — | | |
| (0.03 | ) |
| 2021 | |
| 11.12 | | |
| 0.61 | | |
| 0.89 | | |
| 1.50 | | |
| (0.68 | ) | |
| — | | |
| — | |
| 2020 | |
| 11.73 | | |
| 0.60 | | |
| (0.53 | ) | |
| 0.07 | | |
| (0.65 | ) | |
| — | | |
| (0.03 | ) |
| Global X SuperDividend® U.S. ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 18.50 | | |
| 0.36 | | |
| (0.33 | ) | |
| 0.03 | | |
| (0.55 | ) | |
| — | | |
| — | |
| 2024 | |
| 15.62 | | |
| 0.74 | | |
| 3.23 | | |
| 3.97 | | |
| (1.09 | ) | |
| — | | |
| — | |
| 2023 | |
| 19.18 | | |
| 0.69 | | |
| (3.02 | ) | |
| (2.33 | ) | |
| (0.90 | ) | |
| — | | |
| (0.33 | ) |
| 2022 | |
| 20.13 | | |
| 0.67 | | |
| (0.41 | ) | |
| 0.26 | | |
| (0.81 | ) | |
| — | | |
| (0.40 | ) |
| 2021 | |
| 14.99 | | |
| 0.65 | | |
| 5.59 | | |
| 6.24 | | |
| (0.99 | ) | |
| — | | |
| (0.11 | ) |
| 2020 | |
| 23.34 | | |
| 0.62 | | |
| (7.45 | ) | |
| (6.83 | ) | |
| (1.14 | ) | |
| — | | |
| (0.38 | ) |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
243
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets (%) | |
Ratio of Net
Investment Income
to Average Net
Assets (%) | |
Portfolio
Turnover Rate
(%)†† |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.08 | ) | |
| 48.54 | | |
| 0.48 | | |
| 43,688 | | |
| 0.75 | † | |
| 0.03 | † | |
| 58.07 | |
| | (0.19 | ) | |
| 48.38 | | |
| 41.98 | | |
| 44,995 | | |
| 0.75 | | |
| 0.37 | | |
| 100.83 | |
| | (0.12 | ) | |
| 34.23 | | |
| 2.58 | | |
| 41,757 | | |
| 0.75 | | |
| 0.35 | | |
| 100.70 | |
| | (0.05 | ) | |
| 33.48 | | |
| (33.28 | ) | |
| 46,535 | | |
| 0.75 | | |
| 0.02 | | |
| 111.39 | |
| | (0.90 | ) | |
| 50.24 | | |
| 37.43 | | |
| 75,856 | | |
| 0.75 | | |
| 1.47 | | |
| 121.91 | |
| | (0.36 | ) | |
| 37.31 | | |
| 10.84 | | |
| 55,961 | | |
| 0.75 | | |
| 0.96 | | |
| 124.90 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.32 | ) | |
| 8.74 | | |
| (5.68 | ) | |
| 130,570 | | |
| 0.48 | † | |
| 5.94 | † | |
| 48.84 | |
| | (0.56 | ) | |
| 9.59 | | |
| 24.16 | | |
| 150,709 | | |
| 0.48 | | |
| 5.93 | | |
| 63.31 | |
| | (0.62 | ) | |
| 8.21 | | |
| (9.26 | ) | |
| 157,490 | | |
| 0.53 | | |
| 6.47 | | |
| 109.60 | |
| | (0.68 | ) | |
| 9.67 | | |
| (13.81 | ) | |
| 195,159 | | |
| 0.58 | | |
| 5.04 | | |
| 39.39 | |
| | (0.68 | ) | |
| 11.94 | | |
| 13.71 | | |
| 234,953 | | |
| 0.58 | | |
| 5.13 | | |
| 98.47 | |
| | (0.68 | ) | |
| 11.12 | | |
| 0.81 | | |
| 184,015 | | |
| 0.58 | | |
| 5.47 | | |
| 67.65 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.55 | ) | |
| 17.98 | | |
| 0.14 | | |
| 638,521 | | |
| 0.45 | † | |
| 3.99 | † | |
| 27.69 | |
| | (1.09 | ) | |
| 18.50 | | |
| 26.21 | | |
| 644,835 | | |
| 0.45 | | |
| 4.28 | | |
| 53.21 | |
| | (1.23 | ) | |
| 15.62 | | |
| (12.60 | ) | |
| 590,900 | | |
| 0.45 | | |
| 3.91 | | |
| 63.24 | |
| | (1.21 | ) | |
| 19.18 | | |
| 1.16 | | |
| 683,864 | | |
| 0.45 | | |
| 3.34 | | |
| 38.51 | |
| | (1.10 | ) | |
| 20.13 | | |
| 42.53 | | |
| 669,734 | | |
| 0.45 | | |
| 3.41 | | |
| 60.53 | |
| | (1.52 | ) | |
| 14.99 | | |
| (30.12 | ) | |
| 412,110 | | |
| 0.45 | | |
| 3.50 | | |
| 93.44 | |
The accompanying notes are an integral part
of the financial statements.
244
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X MSCI SuperDividend® Emerging Markets ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 24.66 | | |
| 0.65 | | |
| 1.84 | | |
| 2.49 | | |
| (0.84 | ) | |
| — | | |
| — | |
| 2024 | |
| 22.48 | | |
| 1.70 | | |
| 2.28 | | |
| 3.98 | | |
| (1.80 | ) | |
| — | | |
| — | |
| 2023(1) | |
| 21.36 | | |
| 1.95 | | |
| 1.00 | | |
| 2.95 | | |
| (1.83 | ) | |
| — | | |
| — | |
| 2022(1) | |
| 33.78 | | |
| 1.67 | | |
| (11.44 | ) | |
| (9.77 | ) | |
| (2.19 | ) | |
| — | | |
| (0.46 | ) |
| 2021(1) | |
| 28.59 | | |
| 3.06 | | |
| 4.35 | | |
| 7.41 | | |
| (2.22 | ) | |
| — | | |
| — | |
| 2020(1) | |
| 38.85 | | |
| 1.65 | | |
| (9.51 | ) | |
| (7.86 | ) | |
| (1.98 | ) | |
| — | | |
| (0.42 | ) |
| Global X SuperDividend® REIT ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 21.42 | | |
| 0.64 | | |
| (0.54 | ) | |
| 0.10 | | |
| (0.90 | ) | |
| — | | |
| — | |
| 2024 | |
| 18.67 | | |
| 1.22 | | |
| 3.20 | | |
| 4.42 | | |
| (1.34 | ) | |
| — | | |
| (0.33 | ) |
| 2023(1) | |
| 21.65 | | |
| 1.28 | | |
| (2.60 | ) | |
| (1.32 | ) | |
| (1.10 | ) | |
| — | | |
| (0.56 | ) |
| 2022(1) | |
| 29.46 | | |
| 1.13 | | |
| (7.14 | ) | |
| (6.01 | ) | |
| (1.10 | ) | |
| — | | |
| (0.70 | ) |
| 2021(1) | |
| 22.68 | | |
| 1.14 | | |
| 7.50 | | |
| 8.64 | | |
| (1.23 | ) | |
| — | | |
| (0.63 | ) |
| 2020(1) | |
| 45.99 | | |
| 1.68 | | |
| (22.23 | ) | |
| (20.55 | ) | |
| (2.58 | ) | |
| — | | |
| (0.18 | ) |
| Global X Renewable Energy Producers ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 9.74 | | |
| 0.01 | | |
| (0.85 | ) | |
| (0.84 | ) | |
| (0.06 | ) | |
| — | | |
| — | |
| 2024 | |
| 9.30 | | |
| 0.12 | | |
| 0.47 | | |
| 0.59 | | |
| (0.15 | ) | |
| — | | |
| — | |
| 2023 | |
| 13.05 | | |
| 0.15 | | |
| (3.76 | ) | |
| (3.61 | ) | |
| (0.14 | ) | |
| — | | |
| — | |
| 2022 | |
| 16.82 | | |
| 0.15 | | |
| (3.76 | ) | |
| (3.61 | ) | |
| (0.16 | ) | |
| — | | |
| — | |
| 2021 | |
| 14.87 | | |
| 0.23 | | |
| 2.05 | | |
| 2.28 | | |
| (0.30 | ) | |
| (0.03 | ) | |
| — | |
| 2020 | |
| 13.79 | | |
| 0.41 | | |
| 1.13 | | |
| 1.54 | | |
| (0.46 | ) | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
| (1) |
Per share amounts have been adjusted for a 1 for 3 reverse share split on December 19, 2022 (See Note 9 in the Notes
to Financial Statements.) |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
245
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets (%) | |
Ratio of Net
Investment Income
to Average Net
Assets (%) | |
Portfolio
Turnover Rate
(%)†† |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.84 | ) | |
| 26.31 | | |
| 10.32 | | |
| 36,813 | | |
| 0.67 | † | |
| 5.23 | † | |
| 27.45 | |
| | (1.80 | ) | |
| 24.66 | | |
| 17.80 | | |
| 36,234 | | |
| 0.66 | | |
| 6.70 | | |
| 88.93 | |
| | (1.83 | ) | |
| 22.48 | | |
| 13.77 | | |
| 41,574 | | |
| 0.68 | | |
| 8.22 | | |
| 87.06 | |
| | (2.65 | ) | |
| 21.36 | | |
| (30.80 | ) | |
| 39,168 | | |
| 0.67 | | |
| 5.88 | | |
| 101.78 | |
| | (2.22 | ) | |
| 33.78 | | |
| 25.83 | | |
| 62,696 | | |
| 0.72 | | |
| 8.59 | | |
| 102.27 | |
| | (2.40 | ) | |
| 28.59 | | |
| (21.01 | ) | |
| 20,007 | | |
| 0.67 | | |
| 5.04 | | |
| 93.04 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.90 | ) | |
| 20.62 | | |
| 0.52 | | |
| 180,989 | | |
| 0.58 | † | |
| 6.29 | † | |
| 42.42 | |
| | (1.67 | ) | |
| 21.42 | | |
| 24.41 | | |
| 220,576 | | |
| 0.58 | | |
| 5.90 | | |
| 84.50 | |
| | (1.66 | ) | |
| 18.67 | | |
| (6.97 | ) | |
| 217,653 | | |
| 0.59 | | |
| 5.90 | | |
| 92.84 | |
| | (1.80 | ) | |
| 21.65 | | |
| (21.21 | ) | |
| 286,655 | | |
| 0.59 | | |
| 4.36 | | |
| 82.67 | |
| | (1.86 | ) | |
| 29.46 | | |
| 38.84 | | |
| 467,934 | | |
| 0.58 | | |
| 3.99 | | |
| 59.44 | |
| | (2.76 | ) | |
| 22.68 | | |
| (45.94 | ) | |
| 311,625 | | |
| 0.58 | | |
| 5.74 | | |
| 106.23 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.06 | ) | |
| 8.84 | | |
| (8.60 | ) | |
| 22,638 | | |
| 0.65 | † | |
| 0.13 | † | |
| 16.53 | |
| | (0.15 | ) | |
| 9.74 | | |
| 6.18 | | |
| 33,981 | | |
| 0.65 | | |
| 1.20 | | |
| 16.51 | |
| | (0.14 | ) | |
| 9.30 | | |
| (27.93 | ) | |
| 43,797 | | |
| 0.65 | | |
| 1.18 | | |
| 12.68 | |
| | (0.16 | ) | |
| 13.05 | | |
| (21.57 | ) | |
| 90,970 | | |
| 0.66 | | |
| 1.01 | | |
| 18.33 | |
| | (0.33 | ) | |
| 16.82 | | |
| 15.37 | | |
| 146,976 | | |
| 0.65 | | |
| 1.39 | | |
| 55.97 | |
| | (0.46 | ) | |
| 14.87 | | |
| 11.39 | | |
| 66,192 | | |
| 0.65 | | |
| 2.89 | | |
| 29.27 | |
The accompanying notes are an integral part
of the financial statements.
246
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income (Loss)
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X S&P 500® Catholic Values ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 68.72 | | |
| 0.36 | | |
| (1.41 | ) | |
| (1.05 | ) | |
| (0.41 | ) | |
| — | | |
| — | |
| 2024 | |
| 50.89 | | |
| 0.70 | | |
| 17.80 | | |
| 18.50 | | |
| (0.67 | ) | |
| — | | |
| — | |
| 2023 | |
| 47.19 | | |
| 0.65 | | |
| 3.68 | | |
| 4.33 | | |
| (0.63 | ) | |
| — | | |
| — | |
| 2022 | |
| 57.22 | | |
| 0.61 | | |
| (9.99 | ) | |
| (9.38 | ) | |
| (0.57 | ) | |
| (0.08 | ) | |
| — | |
| 2021 | |
| 40.32 | | |
| 0.56 | | |
| 16.89 | | |
| 17.45 | | |
| (0.55 | ) | |
| — | | |
| — | |
| 2020 | |
| 37.23 | | |
| 0.58 | | |
| 3.08 | | |
| 3.66 | | |
| (0.55 | ) | |
| (0.02 | ) | |
| — | |
| Global X MSCI SuperDividend® EAFE ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 14.84 | | |
| 0.36 | | |
| 1.99 | | |
| 2.35 | | |
| (0.52 | ) | |
| — | | |
| — | |
| 2024 | |
| 12.76 | | |
| 0.87 | | |
| 2.13 | | |
| 3.00 | | |
| (0.92 | ) | |
| — | | |
| — | |
| 2023 | |
| 11.98 | | |
| 0.78 | | |
| 0.92 | | |
| 1.70 | | |
| (0.92 | ) | |
| — | | |
| — | |
| 2022 | |
| 15.62 | | |
| 1.00 | | |
| (3.70 | ) | |
| (2.70 | ) | |
| (0.94 | ) | |
| — | | |
| — | |
| 2021 | |
| 11.44 | | |
| 0.79 | | |
| 4.10 | | |
| 4.89 | | |
| (0.71 | ) | |
| — | | |
| — | |
| 2020 | |
| 16.11 | | |
| 0.56 | | |
| (4.53 | ) | |
| (3.97 | ) | |
| (0.55 | ) | |
| — | | |
| (0.15 | ) |
| Global X E-commerce ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 26.65 | | |
| 0.07 | | |
| 1.14 | | |
| 1.21 | | |
| (0.01 | ) | |
| — | | |
| — | |
| 2024 | |
| 16.96 | | |
| 0.06 | | |
| 9.69 | | |
| 9.75 | | |
| (0.06 | ) | |
| — | | |
| — | |
| 2023 | |
| 15.14 | | |
| — | | |
| 1.84 | | |
| 1.84 | | |
| — | | |
| — | | |
| (0.02 | ) |
| 2022 | |
| 31.19 | | |
| 0.08 | | |
| (15.97 | ) | |
| (15.89 | ) | |
| (0.05 | ) | |
| (0.10 | ) | |
| (0.01 | ) |
| 2021 | |
| 26.79 | | |
| (0.04 | ) | |
| 4.70 | | |
| 4.66 | | |
| (0.13 | ) | |
| (0.13 | ) | |
| — | |
| 2020 | |
| 17.58 | | |
| 0.19 | | |
| 9.05 | | |
| 9.24 | | |
| (0.03 | ) | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
247
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets (%) | |
Ratio of Net
Investment Income
(Loss)
to Average
Net Assets (%) | |
Portfolio
Turnover Rate
(%)††
|
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.41 | ) | |
| 67.26 | | |
| (1.57 | ) | |
| 869,663 | | |
| 0.29 | † | |
| 1.02 | † | |
| 3.07 | |
| | (0.67 | ) | |
| 68.72 | | |
| 36.53 | | |
| 899,519 | | |
| 0.29 | | |
| 1.11 | | |
| 8.42 | |
| | (0.63 | ) | |
| 50.89 | | |
| 9.22 | | |
| 671,797 | | |
| 0.29 | | |
| 1.28 | | |
| 6.70 | |
| | (0.65 | ) | |
| 47.19 | | |
| (16.53 | ) | |
| 549,288 | | |
| 0.29 | | |
| 1.17 | | |
| 6.79 | |
| | (0.55 | ) | |
| 57.22 | | |
| 43.54 | | |
| 593,985 | | |
| 0.29 | | |
| 1.09 | | |
| 8.29 | |
| | (0.57 | ) | |
| 40.32 | | |
| 9.89 | | |
| 379,053 | | |
| 0.29 | | |
| 1.51 | | |
| 5.55 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.52 | ) | |
| 16.67 | | |
| 16.40 | | |
| 11,669 | | |
| 0.55 | † | |
| 4.89 | † | |
| 10.34 | |
| | (0.92 | ) | |
| 14.84 | | |
| 23.95 | | |
| 10,831 | | |
| 0.55 | | |
| 5.98 | | |
| 64.02 | |
| | (0.92 | ) | |
| 12.76 | | |
| 14.08 | | |
| 10,082 | | |
| 0.56 | | |
| 5.76 | | |
| 37.00 | |
| | (0.94 | ) | |
| 11.98 | | |
| (18.12 | ) | |
| 8,384 | | |
| 0.57 | | |
| 6.89 | | |
| 34.00 | |
| | (0.71 | ) | |
| 15.62 | | |
| 43.05 | | |
| 14,058 | | |
| 0.55 | | |
| 5.12 | | |
| 88.53 | |
| | (0.70 | ) | |
| 11.44 | | |
| (25.24 | ) | |
| 7,436 | | |
| 0.56 | | |
| 4.07 | | |
| 59.28 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.01 | ) | |
| 27.85 | | |
| 4.53 | | |
| 65,996 | | |
| 0.50 | † | |
| 0.50 | † | |
| 10.85 | |
| | (0.06 | ) | |
| 26.65 | | |
| 57.51 | | |
| 56,231 | | |
| 0.50 | | |
| 0.26 | | |
| 31.04 | |
| | (0.02 | ) | |
| 16.96 | | |
| 12.13 | | |
| 62,069 | | |
| 0.50 | | |
| (0.02 | ) | |
| 26.67 | |
| | (0.16 | ) | |
| 15.14 | | |
| (51.19 | ) | |
| 42,241 | | |
| 0.50 | | |
| 0.34 | | |
| 25.82 | |
| | (0.26 | ) | |
| 31.19 | | |
| 17.39 | | |
| 197,751 | | |
| 0.50 | | |
| (0.11 | ) | |
| 14.64 | |
| | (0.03 | ) | |
| 26.79 | | |
| 52.67 | | |
| 91,083 | | |
| 0.50 | | |
| 0.75 | | |
| 42.01 | |
The accompanying notes are an integral part
of the financial statements.
248
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income (Loss)
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X S&P Catholic Values Developed ex-U.S. ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 31.05 | | |
| 0.40 | | |
| 1.61 | | |
| 2.01 | | |
| (0.31 | ) | |
| — | | |
| — | |
| 2024 | |
| 25.87 | | |
| 0.74 | | |
| 5.44 | | |
| 6.18 | | |
| (1.00 | ) | |
| — | | |
| — | |
| 2023 | |
| 23.30 | | |
| 0.77 | | |
| 2.39 | | |
| 3.16 | | |
| (0.59 | ) | |
| — | | |
| — | |
| 2022 | |
| 32.80 | | |
| 0.77 | | |
| (9.11 | ) | |
| (8.34 | ) | |
| (0.79 | ) | |
| (0.37 | ) | |
| — | |
| 2021 | |
| 24.98 | | |
| 0.70 | | |
| 7.71 | | |
| 8.41 | | |
| (0.59 | ) | |
| — | | |
| — | |
| 2020(1) | |
| 25.05 | | |
| 0.19 | | |
| (0.26 | ) | |
| (0.07 | ) | |
| — | | |
| — | | |
| — | |
| Global X NASDAQ 100® Tail Risk ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 30.08 | | |
| 0.08 | | |
| (1.12 | ) | |
| (1.04 | ) | |
| (0.10 | ) | |
| — | | |
| — | |
| 2024 | |
| 22.71 | | |
| 0.17 | | |
| 7.37 | | |
| 7.54 | | |
| (0.17 | ) | |
| — | | |
| — | |
| 2023 | |
| 19.08 | | |
| 0.07 | | |
| 3.63 | | |
| 3.70 | | |
| (0.07 | ) | |
| — | | |
| — | |
| 2022 | |
| 25.59 | | |
| 0.04 | | |
| (6.03 | ) | |
| (5.99 | ) | |
| (0.03 | ) | |
| (0.49 | ) | |
| — | |
| 2021(2) | |
| 25.13 | | |
| (0.01 | ) | |
| 0.47 | | |
| 0.46 | | |
| — | | |
| — | | |
| — | |
| Global X NASDAQ 100® Collar 95-110 ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 30.06 | | |
| 0.08 | | |
| 0.11 | ^ | |
| 0.19 | | |
| (0.11 | ) | |
| (2.41 | ) | |
| — | |
| 2024 | |
| 23.47 | | |
| 0.18 | | |
| 6.59 | | |
| 6.77 | | |
| (0.18 | ) | |
| — | | |
| — | |
| 2023 | |
| 22.00 | | |
| 0.08 | | |
| 1.46 | | |
| 1.54 | | |
| (0.07 | ) | |
| — | | |
| — | |
| 2022 | |
| 25.78 | | |
| 0.04 | | |
| (3.38 | ) | |
| (3.34 | ) | |
| (0.02 | ) | |
| (0.42 | ) | |
| — | |
| 2021(2) | |
| 25.27 | | |
| (0.01 | ) | |
| 0.52 | | |
| 0.51 | | |
| — | | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| ^ |
The amount shown for a share outstanding throughout the period does not accord with the aggregate net gains on investments
for the period because of the sales and repurchases of fund shares in relation to fluctuating market value of the investments
of the Fund. |
| § |
For the period ended April 30, 2025. |
| (1) |
The Fund commenced operations on June 22, 2020. |
| (2) |
The Fund commenced operations on August 25, 2021. |
| (3) |
Includes fees charged by the Fund custodian that were reimbursed by the custodian to the Fund subsequent to the reporting
period. Excluding these fees, the ratio to average net assets would have been 0.61%. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
249
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets
(%) | |
Ratio of Net
Investment Income
(Loss)
to Average
Net Assets (%) | |
Portfolio
Turnover Rate
(%)†† |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.31 | ) | |
| 32.75 | | |
| 6.54 | | |
| 22,599 | | |
| 0.35 | † | |
| 2.59 | † | |
| 5.78 | |
| | (1.00 | ) | |
| 31.05 | | |
| 24.02 | | |
| 12,729 | | |
| 0.35 | | |
| 2.44 | | |
| 12.13 | |
| | (0.59 | ) | |
| 25.87 | | |
| 13.45 | | |
| 14,485 | | |
| 0.35 | | |
| 2.80 | | |
| 13.64 | |
| | (1.16 | ) | |
| 23.30 | | |
| (26.11 | ) | |
| 5,592 | | |
| 0.35 | | |
| 2.83 | | |
| 12.83 | |
| | (0.59 | ) | |
| 32.80 | | |
| 33.79 | | |
| 4,264 | | |
| 0.35 | | |
| 2.22 | | |
| 17.17 | |
| | — | | |
| 24.98 | | |
| (0.28 | ) | |
| 2,498 | | |
| 0.35 | † | |
| 2.02 | † | |
| 4.04 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.10 | ) | |
| 28.94 | | |
| (3.50 | ) | |
| 2,315 | | |
| 0.25 | † | |
| 0.54 | † | |
| 4.86 | |
| | (0.17 | ) | |
| 30.08 | | |
| 33.26 | | |
| 2,707 | | |
| 0.25 | | |
| 0.61 | | |
| 5.84 | |
| | (0.07 | ) | |
| 22.71 | | |
| 19.42 | | |
| 1,362 | | |
| 0.53 | | |
| 0.35 | | |
| 19.43 | |
| | (0.52 | ) | |
| 19.08 | | |
| (23.90 | ) | |
| 1,908 | | |
| 0.61 | | |
| 0.19 | | |
| 13.88 | |
| | — | | |
| 25.59 | | |
| 1.83 | | |
| 3,326 | | |
| 0.60 | † | |
| (0.12 | )† | |
| 1.71 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (2.52 | ) | |
| 27.73 | | |
| 0.13 | | |
| 2,219 | | |
| 0.25 | † | |
| 0.54 | † | |
| 6.48 | |
| | (0.18 | ) | |
| 30.06 | | |
| 28.90 | | |
| 1,804 | | |
| 0.25 | | |
| 0.66 | | |
| 9.99 | |
| | (0.07 | ) | |
| 23.47 | | |
| 7.01 | | |
| 2,112 | | |
| 0.55 | | |
| 0.35 | | |
| 18.56 | |
| | (0.44 | ) | |
| 22.00 | | |
| (13.19 | ) | |
| 3,081 | | |
| 0.62 | (3) | |
| 0.18 | | |
| 9.89 | |
| | — | | |
| 25.78 | | |
| 2.06 | | |
| 2,836 | | |
| 0.60 | † | |
| (0.11 | )† | |
| 2.11 | |
The accompanying notes are an integral part
of the financial statements.
250
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X S&P 500® Tail Risk ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 32.15 | | |
| 0.16 | | |
| (0.86 | ) | |
| (0.70 | ) | |
| (0.21 | ) | |
| (5.34 | ) | |
| — | |
| 2024 | |
| 24.23 | | |
| 0.35 | | |
| 7.93 | | |
| 8.28 | | |
| (0.36 | ) | |
| — | | |
| — | |
| 2023 | |
| 23.21 | | |
| 0.27 | | |
| 1.00 | | |
| 1.27 | | |
| (0.25 | ) | |
| — | | |
| — | |
| 2022 | |
| 27.72 | | |
| 0.23 | | |
| (4.00 | ) | |
| (3.77 | ) | |
| (0.16 | ) | |
| (0.58 | ) | |
| — | |
| 2021(1) | |
| 27.33 | | |
| 0.03 | | |
| 0.36 | | |
| 0.39 | | |
| — | | |
| — | | |
| — | |
| Global X S&P 500® Collar 95-110 ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 31.96 | | |
| 0.15 | | |
| (0.95 | ) | |
| (0.80 | ) | |
| (0.23 | ) | |
| (4.80 | ) | |
| — | |
| 2024 | |
| 24.68 | | |
| 0.34 | | |
| 7.30 | | |
| 7.64 | | |
| (0.36 | ) | |
| — | | |
| — | |
| 2023 | |
| 24.47 | | |
| 0.28 | | |
| 0.26 | | |
| 0.54 | | |
| (0.33 | ) | |
| — | | |
| — | |
| 2022 | |
| 27.57 | | |
| 0.23 | | |
| (2.77 | ) | |
| (2.54 | ) | |
| (0.16 | ) | |
| (0.40 | ) | |
| — | |
| 2021(1) | |
| 27.28 | | |
| 0.03 | | |
| 0.26 | | |
| 0.29 | | |
| — | | |
| — | | |
| — | |
| Global X Disruptive Materials ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 16.12 | | |
| 0.03 | | |
| (1.82 | ) | |
| (1.79 | ) | |
| (0.09 | ) | |
| — | | |
| — | |
| 2024 | |
| 14.23 | | |
| 0.12 | | |
| 1.95 | | |
| 2.07 | | |
| (0.18 | ) | |
| — | | |
| — | |
| 2023 | |
| 18.07 | | |
| 0.34 | | |
| (3.88 | ) | |
| (3.54 | ) | |
| (0.30 | ) | |
| — | | |
| — | |
| 2022(3) | |
| 23.75 | | |
| 0.45 | | |
| (5.88 | ) | |
| (5.43 | ) | |
| (0.25 | ) | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
| (1) |
The Fund commenced operations on August 25, 2021. |
| (2) |
Includes fees charged by the Fund custodian that were reimbursed by the custodian to the Fund subsequent to the reporting
period. Excluding these fees, the ratio to average net assets would have been 0.61%. |
| (3) |
The Fund commenced operations on January 24, 2022. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
251
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets (%) | |
Ratio of Net
Investment Income
to Average
Net
Assets (%) | |
Portfolio
Turnover Rate
(%)††
|
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (5.55 | ) | |
| 25.90 | | |
| (3.19 | ) | |
| 1,813 | | |
| 0.25 | † | |
| 1.08 | † | |
| 1.66 | |
| | (0.36 | ) | |
| 32.15 | | |
| 34.36 | | |
| 2,572 | | |
| 0.25 | | |
| 1.19 | | |
| 3.45 | |
| | (0.25 | ) | |
| 24.23 | | |
| 5.51 | | |
| 2,423 | | |
| 0.54 | | |
| 1.10 | | |
| 2.71 | |
| | (0.74 | ) | |
| 23.21 | | |
| (13.98 | ) | |
| 3,017 | | |
| 0.61 | | |
| 0.92 | | |
| 7.40 | |
| | — | | |
| 27.72 | | |
| 1.43 | | |
| 3,604 | | |
| 0.60 | † | |
| 0.58 | † | |
| 6.21 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (5.03 | ) | |
| 26.13 | | |
| 3.43 | | |
| 2,874 | | |
| 0.25 | † | |
| 1.10 | † | |
| 22.79 | |
| | (0.36 | ) | |
| 31.96 | | |
| 31.11 | | |
| 1,918 | | |
| 0.25 | | |
| 1.17 | | |
| 3.46 | |
| | (0.33 | ) | |
| 24.68 | | |
| 2.20 | | |
| 2,221 | | |
| 0.55 | | |
| 1.11 | | |
| 3.09 | |
| | (0.56 | ) | |
| 24.47 | | |
| (9.40 | ) | |
| 3,915 | | |
| 0.64 | (2) | |
| 0.90 | | |
| 8.96 | |
| | — | | |
| 27.57 | | |
| 1.06 | | |
| 3,308 | | |
| 0.60 | † | |
| 0.58 | † | |
| 6.44 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.09 | ) | |
| 14.24 | | |
| (11.08 | ) | |
| 3,133 | | |
| 0.59 | † | |
| 0.41 | † | |
| 15.91 | |
| | (0.18 | ) | |
| 16.12 | | |
| 14.61 | | |
| 5,965 | | |
| 0.59 | | |
| 0.83 | | |
| 22.42 | |
| | (0.30 | ) | |
| 14.23 | | |
| (19.96 | ) | |
| 7,684 | | |
| 0.59 | | |
| 1.84 | | |
| 36.55 | |
| | (0.25 | ) | |
| 18.07 | | |
| (22.98 | ) | |
| 3,433 | | |
| 0.60 | † | |
| 2.72 | † | |
| 25.34 | |
The accompanying notes are an integral part
of the financial statements.
252
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income
($)* | |
Net Realized
and Unrealized
Gain (Loss) on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X Russell 2000 ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§ | |
| 85.77 | | |
| 0.45 | | |
| (8.96 | ) | |
| (8.51 | ) | |
| (0.66 | ) | |
| (0.03 | ) | |
| — | |
| 2024 (1) | |
| 79.35 | | |
| 0.47 | | |
| 6.30 | | |
| 6.77 | | |
| (0.35 | ) | |
| — | | |
| — | |
| Global X U.S. Electrification ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§(2) | |
| 24.64 | | |
| 0.16 | | |
| 0.16 | | |
| 0.32 | | |
| (0.14 | ) | |
| — | | |
| — | |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§(3) | |
| 25.15 | | |
| — | | |
| 0.42 | | |
| 0.42 | | |
| — | | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
| (1) |
The Fund commenced operations on June 4, 2024. |
| (2) |
The Fund commenced operations on December 17, 2024. |
| (3) |
The Fund commenced operations on April 15, 2025. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
253
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets
(%) | |
Ratio of Net
Investment Income
to Average
Net
Assets (%) | |
Portfolio
Turnover Rate
(%)††
|
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.69 | ) | |
| 76.57 | | |
| (9.99 | ) | |
| 1,415,841 | | |
| 0.08 | † | |
| 1.06 | † | |
| 4.37 | |
| | (0.35 | ) | |
| 85.77 | | |
| 8.53 | | |
| 1,434,940 | | |
| 0.08 | † | |
| 1.36 | † | |
| 7.75 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | (0.14 | ) | |
| 24.82 | | |
| 1.30 | | |
| 58,086 | | |
| 0.50 | † | |
| 1.80 | † | |
| 8.46 | |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | — | | |
| 25.57 | | |
| 1.67 | | |
| 2,557 | | |
| 0.29 | † | |
| 0.09 | † | |
| 1.13 | |
The accompanying notes are an integral part
of the financial statements.
254
Financial
Highlights
|
Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period |
| | |
Net
Asset Value,
Beginning
of Period
($) | |
Net Investment
Income
($)* | |
Net Realized
and Unrealized
Gain on
Investments
($) | |
Total from
Operations
($) | |
Distribution
from Net
Investment
Income ($) | |
Distribution
from Capital
Gains ($) | |
Return of
Capital ($) |
| Global X S&P 500 U.S. Revenue Leaders ETF |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| 2025 (Unaudited)§(1) | |
| 24.91 | | |
| — | | |
| 0.78 | | |
| 0.78 | | |
| — | | |
| — | | |
| — | |
| * |
Per share data calculated using average shares method. |
| ** |
Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction
of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. |
| † |
Annualized. |
| †† |
Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes
effect of in-kind transfers. |
| § |
For the period ended April 30, 2025. |
| (1) |
The Fund commenced operations on April 15, 2025. |
Amounts designated as “—” are either $0 or have
been rounded to $0.
The accompanying notes are an integral part
of the financial statements.
255
Financial
Highlights
Total from
Distributions ($) | |
Net
Asset Value,
End of
Period ($) | |
Total
Return
(%)** | |
Net Assets, End of
Period ($)(000) | |
Ratio of Expenses
to Average Net
Assets
(%) | |
Ratio of Net
Investment Income
to Average
Net
Assets (%) | |
Portfolio
Turnover Rate
(%)†† |
| | | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| | — | | |
| 25.69 | | |
| 3.13 | | |
| 2,569 | | |
| 0.19 | † | |
| 0.46 | † | |
| 3.22 | |
The accompanying notes are an integral part
of the financial statements.
256
Notes
to Financial Statements
April 30, 2025 (Unaudited)
1. ORGANIZATION
The Global X Funds (the
“Trust”) is a Delaware statutory trust formed on March 6, 2008. The Trust is registered under the Investment Company
Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company. As of April 30, 2025, the Trust
had one hundred six portfolios, ninety-five of which were operational. The financial statements herein and the related notes pertain
to the Global X Lithium & Battery Tech ETF, Global X SuperDividend® ETF, Global X Social Media ETF, Global X
Guru® Index ETF, Global X SuperIncome™ Preferred ETF, Global X SuperDividend® U.S.
ETF, Global X MSCI SuperDividend® Emerging Markets ETF, Global X SuperDividend® REIT ETF, Global
X Renewable Energy Producers ETF, Global X S&P 500® Catholic Values ETF, Global X MSCI SuperDividend®
EAFE ETF, Global X E-commerce ETF, Global X S&P Catholic Values Developed ex-U.S. ETF, Global X NASDAQ 100®
Tail Risk ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Tail Risk ETF,
Global X S&P 500® Collar 95-110 ETF, Global X Disruptive Materials ETF, Global X Russell 2000 ETF, Global X
U.S. Electrification ETF, Global X S&P 500 U.S. Market Leaders Top 50 ETF and Global X S&P 500 U.S. Revenue Leaders ETF
(each a “Fund”, and collectively, the “Funds”).
Each Fund (except the
Global X SuperDividend® ETF, Global X SuperDividend® U.S. ETF, Global X MSCI SuperDividend®
Emerging Markets ETF, Global X MSCI SuperDividend® EAFE ETF, Global X SuperDividend® REIT ETF,
Global X SuperIncomeTM Preferred ETF, Global X Guru® Index ETF, Global X S&P 500® Catholic
Values ETF, Global X S&P Catholic Values Developed ex-U.S. ETF, Global X S&P 500® Tail Risk ETF, Global
X S&P 500® Collar 95-110 ETF, and Global X Russell 2000 ETF) has elected non-diversified status under the 1940
Act.
The Global X U.S. Electrification ETF commenced
operations on December 17, 2024.
The Global X S&P 500®
U.S. Revenue Leaders ETF and Global X S&P 500® U.S. Market Leaders Top 50 ETF commenced operations on
April 15, 2025.
2. SIGNIFICANT ACCOUNTING POLICIES
The following is a summary of the significant
accounting policies followed by the Funds:
USE OF ESTIMATES –
The Funds are investment companies that apply the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting
Standards Board (“FASB”). The preparation of financial statements in conformity with U.S. generally accepted accounting
principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts
of increases and decreases in net assets from operations during the reporting period. Actual results could materially differ from
those estimates.
257
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
RETURN OF CAPITAL ESTIMATES
– Distributions received by the Funds from underlying master limited partnership (“MLP”) and real estate investment
trust (“REIT”) investments generally are comprised of income and return of capital. The Funds record investment income
and return of capital based on estimates made at the time such distributions are received. Such estimates are based on historical
information available from the MLPs, REITs and other industry sources. These estimates may subsequently be revised based on information
received from the MLPs and REITs after their tax reporting periods are concluded.
MLPs – Certain Funds
may invest in MLPs. MLPs are publicly traded partnerships engaged in the transportation, storage and processing of minerals and
natural resources. By confining their operations to these specific activities, their interests, or units, are able to trade on
public securities exchanges exactly like the shares of a corporation, without entity level taxation. To qualify as an MLP and to
not be taxed as a corporation, a partnership must receive at least 90% of its income from qualifying sources as set forth in Section
7704(d) of the Internal Revenue Code of 1986, as amended (the “Code”). These qualifying sources include natural resource-based
activities such as the processing, transportation and storage of mineral or natural resources. MLPs generally have two classes
of owners: the general partner and limited partners. The general partner of an MLP is typically owned by a major energy company,
an investment fund, the direct management of the MLP, or is an entity owned by one or more of such parties. The general partner
may be structured as a private or publicly traded corporation or other entity.
The general partner typically
controls the operations and management of the MLP through an up to 2% equity interest in the MLP plus, in many cases, ownership
of common units and subordinated units.
Limited partners typically
own the remainder of the partnership through ownership of common units, and have a limited role in the partnership’s operations
and management. MLPs are typically structured such that common units and general partner interests have first priority to receive
quarterly cash distributions up to an established minimum amount (“minimum quarterly distributions” or “MQD”).
Common and general partner interests also accrue arrearages in distributions to the extent the MQD is not paid. Once common and
general partner interests have been paid, subordinated units receive distributions of up to the MQD; however, subordinated units
do not accrue arrearages. Distributable cash in excess of the MQD is paid to both common and subordinated units and is distributed
to both common and subordinated units generally on a pro rata basis. The general partner is also eligible to receive incentive
distributions if the general partner operates the business in a manner which results in distributions paid per common unit surpassing
specified target levels. As the general partner increases cash distributions to the limited partners, the general partner receives
an increasingly higher percentage of the incremental cash distributions.
258
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
FOREIGN TAXES —
The Funds may be subject to taxes imposed by countries in which they invest. Such taxes are generally based on either income or
gains earned or repatriated. The Funds accrue and apply such taxes to net investment income, net realized gains and net unrealized
gains as income and/or capital gains are earned. For the period ended April 30, 2025, the Global X MSCI SuperDividend® Emerging
Markets ETF accrued foreign capital gains tax in the amount of $61,314 as shown on the Statements of Assets and Liabilities.
SECURITY VALUATION - Securities
listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities
traded on the NASDAQ Stock Market (“NASDAQ”)), including securities traded over the counter, are valued at the last quoted
sale price on the primary exchange or market (foreign or domestic) on which they are traded (or at approximately 4:00 pm Eastern
Standard Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale, at
the most recent mean between the quoted bid and asked prices, which approximates fair value (absent both bid and asked prices on
such exchange, the bid price may be used).
For securities traded
on NASDAQ, the NASDAQ Official Closing Price will be used. The prices for foreign securities are reported in local currency and
converted to U.S. dollars using currency exchange rates as of the reporting date. The exchange rates used by the Trust for valuation
are captured as of the New York or London close each day.
Options traded on an exchange
will be valued at the mean of the bid and ask quotations for the current day at the close of the market. If either the bid or the
ask is not available, the last closing price will be used.
Securities for which market prices are not
“readily available” are valued in accordance with fair value procedures (the “Fair Value
Procedures”) established by Global X Management Company LLC, the Funds’ investment adviser (the
“Adviser”), and approved by the Funds’ Board of Trustees (the “Board”). Pursuant to Rule 2a-5
under the 1940 Act, the Board has designated the Adviser as the “valuation designee” to determine the fair value
of securities and other instruments for which no readily available market quotations are available. The Fair Value Procedures
are implemented through a fair value committee (the “Committee”) of the Adviser. Some of the more common reasons
that may necessitate that a security be valued using the Fair Value Procedures include: the security’s trading has been
halted or suspended; the security has been de-listed from its primary trading exchange; the security’s primary trading
market is temporarily closed at a time when, under normal conditions, it would be open; the security has not been traded for
an extended period of time; the security’s primary pricing source is not able or willing to provide a price; or trading
of the security is subject to local government-imposed restrictions. In addition, the Funds may fair value a security if an
event that may materially affect the value of the Funds’ security that is traded outside the United States (a
“Significant Event”) has occurred between the time of the security’s last close and the time that each Fund
calculates its net asset value (“NAV”). A
259
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING
POLICIES (continued)
Significant Event may relate to a single
issuer or to an entire market sector. Events that may be Significant Events include: government actions, natural disasters,
armed conflict, acts of terrorism and significant market fluctuations. If the Adviser becomes aware of a Significant Event
that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the
security or securities principally trade, but before the time at which the Funds calculate their NAV, it may request that
a Committee meeting be called. When a security is valued in accordance with the Fair Value Procedures, the Committee will
determine the value after taking into consideration all relevant information reasonably available to the Committee.
If available, debt securities
are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported
sales price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid
price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed
to identify the market value for such securities. Debt obligations with remaining maturities of sixty days or less will be valued
at their market value. Prices for most securities held by the Funds are provided daily by recognized independent pricing agents.
If a security price cannot be obtained from an independent, third-party pricing agent, the Funds seek to obtain a bid price from
at least one independent broker.
In accordance with the
authoritative guidance on fair value measurements and disclosure under U.S. GAAP, the Funds disclose the fair value of their investments
in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The objective of a fair value
measurement is to determine the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly
transaction between market participants at the measurement date (an exit price). Accordingly, the fair value hierarchy gives the
highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority
to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:
Level 1 – Unadjusted
quoted prices in active markets for identical, unrestricted assets or liabilities that the Funds have the ability to access at
the measurement date
Level 2 – Other
significant observable inputs (including quoted prices in non-active markets, quoted prices for similar investments, fair value
of investments for which the Funds have the ability to fully redeem tranches at NAV as of the measurement date or within the near
term, and short-term investments valued at amortized cost)
Level 3 – Significant
unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments, and fair value of
investments for which the Funds do not have the ability to fully redeem tranches at NAV as of the measurement date or within the
near term)
260
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
Investments are classified
within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 whose
fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement.
For details of the investment classification, reference the Schedule of Investments.
The unobservable inputs
used to determine fair value of Level 3 assets may have similar or diverging impacts on valuation. Significant increases and decreases
in these inputs in isolation and interrelationships between those inputs could result in significantly higher or lower fair value
measurement.
DUE TO/FROM BROKERS –
Due to/from brokers includes cash and collateral balances with the Funds’ clearing brokers or counterparties as of April
30, 2025. The Funds continuously monitor the credit standing of each broker or counterparty with whom they conduct business. In
the event a broker or counterparty is unable to fulfill its obligations, the Funds would be subject to counterparty credit risk.
REPURCHASE AGREEMENTS
- Securities pledged as collateral for repurchase agreements are held by Brown Brothers Harriman & Co. (“BBH”)
or The Bank of New York Mellon (“BNY Mellon”), as appropriate, in their roles as Custodian to respective Funds (each,
a “Custodian” and together, the “Custodians”), and are designated as being held on each Fund’s behalf
by the Custodian under a book-entry system. Each Fund monitors the adequacy of the collateral on a daily basis and can require
the seller to provide additional collateral in the event the market value of the securities pledged falls below the carrying value
of the repurchase agreement, including accrued interest.
It is each Fund’s policy
to only enter into repurchase agreements with banks and other financial institutions which are deemed by the Adviser to be creditworthy.
The Funds bear the risk of loss in the event that the counterparty to a repurchase agreement defaults on its obligations and the
Funds are prevented from exercising their rights to dispose of the underlying securities received as collateral. For financial
statement purposes, the Funds record the securities lending collateral (included in repurchase agreements, at value or restricted
cash) as an asset and the obligation to return securities lending collateral as a liability on the Statements of Assets and Liabilities.
Repurchase agreements
are entered into by the Funds under Master Repurchase Agreements (“MRAs”) which permit the Funds, under certain circumstances,
including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral
held and/or posted to the counterparty and create one single net payment due to or from the Funds.
FEDERAL INCOME TAXES –
It is each Fund’s intention to qualify, or continue to qualify, as a regulated investment company for Federal income tax
purposes by complying
261
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING
POLICIES (continued)
with the appropriate provisions of Subchapter M of the Code. Accordingly, no provisions for Federal income
taxes have been made in the financial statements except as described below.
The Funds evaluate tax
positions taken or expected to be taken in the course of preparing the Funds’ tax returns to determine whether it is “more-likely-than-not”
(i.e., greater than 50 percent) that each tax position will be sustained upon examination by a taxing authority based on the technical
merits of the position. Tax positions not deemed to meet the more-likely-than-not threshold are recorded as a tax benefit or expense
in the current year. The Funds did not record any tax positions in the current period; however, management’s conclusions
regarding tax positions may be subject to review and adjustment at a later date based on factors including, but not limited to,
examination by tax authorities (i.e., the last three tax year ends, as applicable), and on-going analysis of and changes to tax
laws and regulations, and interpretations thereof.
If a Fund has foreign
tax filings that have not been made, the tax years that remain subject to examination may date back to the inception of the Fund.
As of and during the reporting
period ended April 30, 2025, the Funds did not have a liability for any unrecognized tax benefits. The Funds recognize interest
and penalties, if any, related to unrecognized tax benefits as an income tax expense on the Statements of Operations. During the
reporting period, the Funds did not incur any interest or penalties.
SECURITY TRANSACTIONS
AND INVESTMENT INCOME – Security transactions are accounted for on the trade date for financial reporting purposes. Costs
used in determining realized gains and losses on the sale of investment securities are based on specific identification. Dividend
income is recorded on the ex-dividend date. Interest income is recognized on the accrual basis from the settlement date. Amortization
of premiums and accretion of discounts is included in interest income.
FOREIGN CURRENCY TRANSACTIONS
AND TRANSLATION – The books and records of the Funds are maintained in U.S. dollars. Investment securities and other assets
and liabilities denominated in a foreign currency are translated into U.S. dollars on the date of valuation. Purchases and sales
of investment securities, income and expenses are translated into U.S. dollars at the relevant rates of exchange prevailing on
the respective dates of such transactions. The Funds do not isolate that portion of realized or unrealized gains and losses resulting
from changes in the foreign exchange rate from fluctuations arising from changes in the market prices of the securities. These
gains and losses are included in net realized and unrealized gains and losses on investments on the Statements of Operations. Net
realized and unrealized gains and losses on foreign currency transactions and translations represent net foreign exchange gains
or losses from foreign currency spot contracts, disposition of foreign currencies, currency gains or losses realized between trade
and settlement dates on securities transactions and the difference between the amount of
262
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING
POLICIES (continued)
the investment income and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar
equivalent amounts actually received or paid.
FUTURES CONTRACTS –
To the extent consistent with its investment objective and strategies, each Fund may use futures contracts for tactical hedging
purposes as well as to enhance the Fund’s returns. Initial margin deposits of cash or securities are made upon entering into
futures contracts. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized
gains and losses. Variation margin payments are paid or received, depending upon whether unrealized gains or losses are incurred.
When the contract is closed, the Fund records a realized gain or loss equal to the difference between the proceeds from (or cost
of) the closing transaction and the amount invested in the contract.
Risks of entering into
futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying
securities. It is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an
inability to close a position prior to its maturity date. A futures contract involves the risk that the Fund could lose more than
the original margin deposit required to initiate a futures transaction.
Futures contracts shall
be valued at the settlement price established each day by the board of the exchange on which they are traded. The daily settlement
prices for financial futures are provided by an independent source.
Finally, the risk exists
that losses could exceed amounts disclosed on the Statements of Assets and Liabilities. Refer to the Funds’ Schedule of Investments
for details regarding open futures contracts as of April 30, 2025, if applicable.
DIVIDENDS AND DISTRIBUTIONS
TO SHAREHOLDERS – The Funds distribute their net investment income on a pro rata basis. Any net investment income and net
realized capital gains are distributed at least annually. All distributions are recorded on the ex-dividend date.
INVESTMENTS IN REITs –
With respect to the Funds, dividend income is recorded based on the income included in distributions received from REIT investments
using published REIT reclassifications, including some management estimates when actual amounts are not available. Distributions
received in excess of these estimated amounts are recorded as a reduction of the cost of investments or reclassified to capital
gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year
end, and may differ from the estimated amounts.
CREATION UNITS –
The Funds issue and redeem their shares (“Shares”) on a continuous basis at net asset value (“NAV”) and
only in large blocks of 10,000 Shares, referred to as
263
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING
POLICIES (continued)
“Creation Units”.
Purchasers of Creation Units (each, an “Authorized Participant”) at NAV must pay a standard creation transaction fee
per transaction. The fee is a single charge and will be the same regardless of the number of Creation Units purchased by an Authorized
Participant on the same day.
An Authorized Participant
who holds Creation Units and wishes to redeem at NAV would also pay a standard redemption fee per transaction to the Fund’s
Custodian, on the date of such redemption, regardless of the number of Creation Units redeemed that day.
If a Creation Unit is
purchased or redeemed for cash, an additional variable fee may be charged. The following table discloses Creation Unit breakdown:
| | |
Creation
Unit
Shares | |
Creation
Fee | |
Redemption
Fee |
| Global X Lithium & Battery Tech ETF | |
10,000 | |
$ | 600 | | |
$ | 600 | |
| Global X SuperDividend® ETF | |
10,000 | |
| 900 | | |
| 900 | |
| Global X Social Media ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X Guru® Index ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X SuperIncome™ Preferred ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X SuperDividend® U.S. ETF | |
10,000 | |
| 150 | | |
| 150 | |
| Global X MSCI SuperDividend® Emerging Markets ETF | |
10,000 | |
| 900 | | |
| 900 | |
| Global X SuperDividend® REIT ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X Renewable Energy Producers ETF | |
10,000 | |
| 400 | | |
| 400 | |
| Global X S&P 500® Catholic Values ETF | |
10,000 | |
| 1,400 | | |
| 1,400 | |
| Global X MSCI SuperDividend® EAFE ETF | |
10,000 | |
| 300 | | |
| 300 | |
| Global X E-commerce ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X S&P Catholic Values Developed ex-U.S. ETF | |
10,000 | |
| 2,300 | | |
| 2,300 | |
| Global X NASDAQ 100® Tail Risk ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X NASDAQ 100® Collar 95-110 ETF | |
10,000 | |
| 300 | | |
| 300 | |
| Global X S&P 500® Tail Risk ETF | |
10,000 | |
| 800 | | |
| 800 | |
| Global X S&P 500® Collar 95-110 ETF | |
10,000 | |
| 1,700 | | |
| 1,700 | |
| Global X Disruptive Materials ETF | |
10,000 | |
| 400 | | |
| 400 | |
| Global X Russell 2000 ETF | |
10,000 | |
| 2,500 | | |
| 2,500 | |
| Global X U.S. Electrification ETF | |
10,000 | |
| 250 | | |
| 250 | |
| Global X S&P 500® U.S. Revenue Leaders ETF | |
10,000 | |
| 500 | | |
| 500 | |
| Global X S&P 500® U.S. Market Leaders Top 50 ETF | |
10,000 | |
| 250 | | |
| 250 | |
CASH OVERDRAFT CHARGES
– Per the terms of an agreement with BBH, if a Fund for which BBH is Custodian has a cash overdraft on a given day, it will
be assessed an overdraft charge equal to the applicable BBH Base Rate plus 2.00%. Per the terms of an agreement with BNY Mellon,
if a Fund for which BNY Mellon is Custodian has a cash overdraft, it will be charged interest at a rate then charged by BNY Mellon
to its institutional custody clients in the relevant currency. Cash overdraft charges are included in custodian fees on the Statements
of Operations.
264
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING POLICIES (continued)
OPTIONS/SWAPTIONS WRITING/PURCHASING
– To the extent consistent with their investment policies, certain Funds may either purchase or write options.
When a Fund purchases
an option, the premium paid by it is recorded as an asset of the Fund. When a Fund writes an option, an amount equal to the net
premium (the premium less the commission) received by the Fund is included in the liability section of the Fund’s Statement
of Assets and Liabilities as a deferred credit. The amount of this asset or deferred credit will be subsequently marked-to-market
to reflect the current value of the option purchased or written. The current value of the traded option is the last sale price
or, in the absence of a sale, the current bid price. If an option purchased by a Fund expires unexercised, the Fund realizes a
loss equal to the premium paid. If a Fund enters into a closing sale transaction on an option purchased by it, the Fund will realize
a gain if the premium received by the Fund on the closing transaction is more than the premium paid to purchase the option, or
a loss if it is less. If an option written by a Fund expires on the stipulated expiration date or if a Fund enters into a closing
purchase transaction, it will realize a gain (or loss if the cost of a closing purchase transaction exceeds the net premium received
when the option is sold) and the deferred credit related to such option will be eliminated. If an option written by a Fund is exercised,
the proceeds of the sale will be increased by the net premium originally received and the Fund will realize a gain or loss.
Risks may arise from an
imperfect correlation between the change in market value of the securities held and the prices of options relating to the securities
purchased or sold and from possible lack of a liquid secondary market for an option. The maximum exposure to loss for any purchased
option is limited to the premium initially paid for the option. Written uncovered call options subject a Fund to unlimited risk
of loss. Written covered call options limit the upside potential of a security above the strike price. Written put options expose
a Fund to risk of loss if the value of the security declines below the strike price.
The Global X NASDAQ 100®
Tail Risk ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Tail Risk ETF
and Global X S&P 500® Collar 95-110 ETF may write call and/or put options that correspond to their respective
reference index. By writing a call option, a Fund, in exchange for the premium, foregoes the opportunity for capital appreciation
above the strike price should the market price of the underlying security increase. Conversely, by writing a put option, the Fund,
in exchange for the premium, accepts the risk of having to purchase a security at a fixed strike price even should the price of
the underlying security decrease, exposing the Fund to downside risk in the underlying security.
When the written option
expires, is terminated or is sold, a Fund will record a gain or loss. The net realized gain or loss on options contracts is reflected
in the Statements of Operations and the net unrealized gains/(losses) are included as a component of the net
265
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
2. SIGNIFICANT ACCOUNTING
POLICIES (continued)
change in unrealized appreciation/(depreciation) on options contracts in the Statements of Operations.
SEGMENT REPORTING –
The Funds have adopted Financial Accounting Standards Board Update 2023-07, Segment Reporting (Topic 280) — Improvements
to Reportable Segment Disclosures (“ASU 2023-07”) during the period, with the intent of improving reportable segment
disclosure requirements, primarily through enhanced disclosures about significant segment expenses, allowing financial statement
users to better understand the components of a segment’s profit or loss and assess potential future cash flows for each reportable
segment and the entity as a whole, thereby enabling better understanding of how an entity’s segments impact overall performance.
The Funds’ adoption of ASU 2023- 07 impacted financial statement disclosures only and did not affect the Funds’ financial
position or results of operations.
The Adviser’s Chief
Financial Officer acts as each Fund’s Chief Operating Decision Maker (“CODM”) and is responsible for assessing
performance and allocating resources with respect to the Funds. The CODM has concluded that each Fund operates as a single operating
segment since each Fund has a single investment strategy as disclosed in its prospectus, against which the CODM assesses performance.
The financial information provided to and reviewed by the CODM is presented within each Fund’s financial statements.
3. RELATED PARTIES AND
SERVICE PROVIDER TRANSACTIONS
On July 2, 2018, the Adviser
consummated a transaction pursuant to which it became an indirect, wholly-owned subsidiary of Mirae Asset Global Investments Co.,
Ltd. (“Mirae”). In this manner, the Adviser is ultimately controlled by Mirae.
The Adviser serves as
the investment adviser and the administrator for the Funds. Subject to the supervision of the Board, the Adviser is responsible
for managing the investment activities of the Funds and the Funds’ business affairs and other administrative matters and
provides, or causes to be furnished, all supervisory, administrative and other services reasonably necessary for the operation
of the Funds, including certain distribution services (provided pursuant to a separate distribution agreement), certain shareholder
and distribution-related services (provided pursuant to a separate Rule 12b-1 Plan and related agreements) and investment advisory
services (provided pursuant to a separate Investment Advisory Agreement), under what is essentially an “all-in” fee structure.
For the Adviser’s
service to the respective Funds, under a supervision and administration agreement (the “Supervision and Administration Agreement”),
each Fund pays a monthly fee to the Adviser at the annual rate below (stated as a percentage of the average daily net assets of
each Fund) (the “Supervision and Administration Fee”). In addition, the Funds bear other expenses, directly and indirectly,
that are not covered by the Supervision and Administration Agreement, which may vary and affect the total expense ratios of the
266
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS
(continued)
Funds, such as taxes,
brokerage fees, commissions, certain custodian fees, acquired fund fees, and other transaction expenses, interest expenses and
extraordinary expenses (such as litigation and indemnification expenses).
The following table discloses
supervision and administration fees payable pursuant to the Supervision and Administration Agreement:
| |
|
Supervision and
Administration Fee |
| |
|
|
| Global X Lithium & Battery Tech ETF |
|
0.75% |
| Global X SuperDividend® ETF(1) |
|
0.58% |
| Global X Social Media ETF |
|
0.65% |
| Global X Guru® Index ETF |
|
0.75% |
| Global X SuperIncomeTM Preferred ETF |
|
0.48% |
| Global X SuperDividend® U.S. ETF |
|
0.45% |
| Global X MSCI SuperDividend® Emerging Markets ETF |
|
0.65% |
| Global X SuperDividend® REIT ETF |
|
0.58% |
| Global X Renewable Energy Producers ETF |
|
0.65% |
| Global X S&P 500® Catholic Values ETF |
|
0.29% |
| Global X MSCI SuperDividend® EAFE ETF |
|
0.55% |
| Global X E-commerce ETF |
|
0.50% |
| Global X S&P 500® Catholic Values Developed ex-U.S. ETF |
|
0.35% |
| Global X NASDAQ 100® Tail Risk ETF |
|
0.25% |
| Global X NASDAQ 100® Collar 95-110 ETF |
|
0.25% |
| Global X S&P 500® Tail Risk ETF |
|
0.25% |
| Global X S&P 500® Collar 95-110 ETF |
|
0.25% |
| Global X Disruptive Materials ETF |
|
0.59% |
| Global X Russell 2000 ETF |
|
0.08% |
| Global X U.S. Electrification ETF |
|
0.50% |
| Global X S&P 500® U.S. Revenue Leaders ETF |
|
0.19% |
| Global X S&P 500® U.S. Market Leaders Top 50 ETF |
|
0.29% |
(1) Pursuant
to an Expense Limitation Agreement, the Adviser has contractually agreed to reimburse or waive fees and/or limit expenses for the
Global X SuperDividend® ETF to the extent necessary to assure that the operating expenses of the Global X SuperDividend®
ETF (exclusive of taxes, brokerage fees, commissions, and other transaction expenses and extraordinary expenses (such as litigation
and indemnification expenses)) will not exceed 0.58% of the average daily net assets of the Global X SuperDividend® ETF per
year until at least March 1, 2026.
267
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS
(continued)
SEI Investments Global
Funds Services (“SEIGFS”) serves as sub-administrator to the Funds. As sub-administrator, SEIGFS provides the Funds
with all required general administrative services, including, without limitation: office space, equipment, and personnel; clerical
and general back office services; bookkeeping, internal accounting and secretarial services; the calculation of NAV; and assistance
with the preparation and filing of reports, registration statements, proxy statements, and other materials required to be filed
or furnished by the Funds under federal and state securities laws. As compensation for these services, SEIGFS receives certain
out-of-pocket costs, transaction fees, and asset-based fees which are accrued daily and paid monthly by the Adviser.
SEI Investments Distribution
Co. (“SIDCO”) serves as the Funds’ underwriter and distributor of Creation Units pursuant to a distribution agreement
(the “Distribution Agreement”). SIDCO has no obligation to sell any specific quantity of Shares of the Funds.
SIDCO bears the following
costs and expenses relating to the distribution of Shares: (i) the costs of processing and maintaining records of creations of
Creation Units; (ii) all costs of maintaining the records required of a registered broker/dealer; (iii) the expenses of maintaining
its registration or qualification as a dealer or broker under federal or state laws; (iv) filing fees; and (v) all other expenses
incurred in connection with the distribution services as contemplated in the Distribution Agreement. SIDCO receives no fee from
the Funds for its distribution services under the Distribution Agreement, rather, the Adviser compensates SIDCO for certain expenses,
out-of-pocket costs, and transaction fees.
BBH serves as Custodian
and transfer agent of the Global X Guru® Index ETF, Global X SuperIncome™ Preferred ETF, Global X S&P
500® Catholic Values ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500®
Collar 95-110 ETF and the Global X Russell 2000 ETF. For the Funds for which it serves as Custodian, BBH has agreed to (i)
make receipts and disbursements of money on behalf of the Funds; (ii) collect and receive all income and other payments and distributions
on account of the Funds’ portfolio investments; (iii) respond to correspondence from shareholders, security brokers and others
relating to its duties; and (iv) make periodic reports to the Funds concerning the Funds’ operations. BBH does not exercise
any supervisory function over the purchase and sale of securities. As compensation for these services, BBH receives certain out-of-pocket
costs, transaction fees and asset-based fees which are accrued daily and paid monthly by the Adviser from its fees. For the Funds
which it serves as transfer agent, BBH has agreed to (i) issue and redeem Shares of each Fund; (ii) make dividend and other distributions
to shareholders of each Fund; (iii) respond to correspondence by shareholders and others relating to its duties; (iv) maintain
shareholder accounts; and (v) make periodic reports to the Funds. As compensation for these services, BBH receives certain out-of-pocket
costs, transaction fees and asset-based fees which are accrued daily and paid monthly by the Adviser from its fees.
268
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
3. RELATED PARTIES AND
SERVICE PROVIDER TRANSACTIONS (continued)
For all Funds other than
the Global X Guru® Index ETF, Global X SuperIncome™ Preferred ETF, Global X S&P 500®
Catholic Values ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Collar 95-110
ETF and the Global X Russell 2000 ETF, BNY Mellon serves as Custodian and transfer agent to the Trust on behalf of the Funds. As
Custodian, BNY Mellon may appoint domestic and foreign sub-custodians and use depositories from time to time to hold securities
and other instruments purchased by the Trust in foreign countries and to hold cash and currencies for the Trust on behalf of the
Funds. Under its transfer agency agreement with the Trust, BNY Mellon has undertaken with the Trust to provide the following services
with respect to the Funds for which it serves as transfer agent: (i) perform and facilitate the performance of purchases and redemptions
of Creation Units, (ii) prepare and transmit by means of Depository Trust Company’s book-entry system payments for dividends
and distributions on or with respect to the Shares declared by the Trust on behalf of the Fund, as applicable, (iii) prepare and
deliver reports, information and documents as specified in the transfer agency agreement, (iv) perform the customary services of
a transfer agent and dividend disbursing agent, and (v) render certain other miscellaneous services as specified in the transfer
agency agreement or as otherwise agreed upon.
269
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
4. INVESTMENT TRANSACTIONS
For the period ended April 30, 2025, the purchases
and sales of investments in securities, excluding in-kind transactions, long-term U.S. Government and short-term securities were:
| | |
Purchases | |
Sales and
Maturities |
| Global X Lithium & Battery Tech ETF | |
$ | 142,793,179 | | |
$ | 261,154,242 | |
| Global X SuperDividend® ETF | |
| 350,390,534 | | |
| 334,483,694 | |
| Global X Social Media ETF | |
| 6,553,746 | | |
| 7,633,504 | |
| Global X Guru® Index ETF | |
| 27,186,004 | | |
| 26,831,165 | |
| Global X SuperIncome™ Preferred ETF | |
| 69,273,036 | | |
| 70,091,271 | |
| Global X SuperDividend® U.S. ETF | |
| 183,577,162 | | |
| 188,790,337 | |
| Global X MSCI SuperDividend® Emerging Markets
ETF | |
| 9,613,231 | | |
| 10,833,877 | |
| Global X SuperDividend® REIT ETF | |
| 82,724,299 | | |
| 84,067,037 | |
| Global X Renewable Energy Producers ETF | |
| 4,552,663 | | |
| 5,602,854 | |
| Global X S&P 500® Catholic Values ETF | |
| 28,165,548 | | |
| 28,561,415 | |
| Global X MSCI SuperDividend® EAFE ETF | |
| 1,057,077 | | |
| 963,155 | |
| Global X E-commerce ETF | |
| 7,914,035 | | |
| 7,329,137 | |
| Global X S&P Catholic Values Developed ex-U.S. ETF | |
| 1,224,677 | | |
| 996,363 | |
| Global X NASDAQ 100® Tail Risk ETF | |
| 142,927 | | |
| 221,945 | |
| Global X NASDAQ 100® Collar 95-110 ETF | |
| 124,841 | | |
| 263,936 | |
| Global X S&P 500® Tail Risk ETF | |
| 33,419 | | |
| 501,967 | |
| Global X S&P 500® Collar 95-110 ETF | |
| 546,269 | | |
| 936,161 | |
| Global X Disruptive Materials ETF | |
| 773,733 | | |
| 1,578,784 | |
| Global X Russell 2000 ETF | |
| 65,290,031 | | |
| 68,662,947 | |
| Global X U.S. Electrification ETF | |
| 4,789,583 | | |
| 4,532,858 | |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF | |
| 28,852 | | |
| 31,134 | |
| Global X S&P 500 U.S. Revenue Leaders ETF | |
| 82,635 | | |
| 85,034 | |
During the period ended April 30, 2025, there were no purchases or sales
of long-term U.S. Government securities for the Funds.
270
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
4. INVESTMENT TRANSACTIONS (continued)
For the period ended April 30, 2025, in-kind transactions associated
with creations and redemptions were:
| | |
Purchases | | |
Sales | | |
Realized
Gain (Loss) |
| Global X Lithium & Battery Tech ETF | |
$ | 26,507,712 | | |
$ | 196,646,033 | | |
$ | 15,746,354 | |
| Global X SuperDividend® ETF | |
| 12,712,528 | | |
| – | | |
| – | |
| Global X Social Media ETF | |
| 639,830 | | |
| 8,918,679 | | |
| 2,109,096 | |
| Global X Guru® Index ETF | |
| 19,485,778 | | |
| 21,309,788 | | |
| 6,417,573 | |
| Global X SuperIncome™ Preferred ETF | |
| – | | |
| 7,198,191 | | |
| 231,669 | |
| Global X SuperDividend® U.S. ETF | |
| 296,390,905 | | |
| 284,023,869 | | |
| 71,471,135 | |
| Global X MSCI SuperDividend® Emerging Markets ETF | |
| – | | |
| 1,077,830 | | |
| 71,731 | |
| Global X SuperDividend® REIT ETF | |
| – | | |
| 30,435,503 | | |
| 419,318 | |
| Global X Renewable Energy Producers ETF | |
| – | | |
| 6,935,485 | | |
| (2,278,043 | ) |
| Global X S&P 500® Catholic Values ETF | |
| 81,597,600 | | |
| 93,988,268 | | |
| 47,497,804 | |
| Global X MSCI SuperDividend® EAFE ETF | |
| 1,872,789 | | |
| 2,330,021 | | |
| 144,658 | |
| Global X E-commerce ETF | |
| 22,866,295 | | |
| 15,857,325 | | |
| 4,401,848 | |
| Global X S&P Catholic Values Developed ex-U.S. ETF | |
| 8,602,612 | | |
| – | | |
| – | |
| Global X NASDAQ 100® Tail Risk ETF | |
| 633,058 | | |
| 850,811 | | |
| 221,958 | |
| Global X NASDAQ 100® Collar 95-110 ETF | |
| 576,641 | | |
| – | | |
| – | |
| Global X S&P 500® Tail Risk ETF | |
| 241,275 | | |
| 557,377 | | |
| 153,688 | |
| Global X S&P 500® Collar 95-110 ETF | |
| 6,442,304 | | |
| 5,194,960 | | |
| 589,149 | |
| Global X Disruptive Materials ETF | |
| – | | |
| 1,476,113 | | |
| (29,961 | ) |
| Global X Russell 2000 ETF | |
| 224,586,566 | | |
| 74,027,855 | | |
| 11,598,705 | |
| Global X U.S. Electrification ETF | |
| 90,981,119 | | |
| 32,615,925 | | |
| 1,248,689 | |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF | |
| 2,514,801 | | |
| – | | |
| – | |
| Global X S&P 500 U.S. Revenue Leaders ETF | |
| 2,490,530 | | |
| – | | |
| – | |
5. DERIVATIVE TRANSACTIONS
The following tables show the derivatives categorized by underlying
risk exposure.
The following tables show the fair value of the
derivative financial instruments and the location in the Statement of Assets and Liabilities categorized by underlying risk exposure as
of April 30, 2025.
| | |
Asset Derivatives | |
| | |
| |
Liability Derivatives | |
| |
| | |
| |
Fair Value | | |
| |
| |
Fair Value | |
| | |
| |
| | |
| |
| |
| |
| Global X SuperDividend® ETF | |
| | | |
| |
| |
| | |
| | |
| |
| | | |
| |
| |
| | |
| Equity contracts | |
Unrealized appreciation on Futures Contracts | |
$ | 460,551 | * | |
Equity contracts | |
Unrealized depreciation on Futures Contracts | |
$ | – | * |
| Total Derivatives not accounted for as hedging instruments | |
$ | 460,551 | | |
| |
| |
$ | – | |
271
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
5. DERIVATIVE TRANSACTIONS (continued)
| | |
Asset Derivatives | |
| | |
| |
Liability Derivatives | |
| |
| | |
| |
Fair Value | | |
| |
| |
Fair Value | |
| | | | |
| |
| |
| | |
| Global X MSCI SuperDividend® Emerging Markets ETF | | | |
| |
| |
| | |
| Equity contracts | |
Unrealized appreciation on Futures Contracts | |
$ | 14,681 | * | |
Equity contracts | |
Unrealized depreciation on Futures Contracts | |
$ | – | * |
| Total Derivatives not accounted for as hedging instruments | |
$ | 14,681 | | |
| |
| |
$ | – | |
| | |
| | | |
| |
| |
| | |
| Global X SuperDividend® REIT ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Unrealized appreciation on Futures Contracts | |
$ | 51,397 | * | |
Equity contracts | |
Unrealized depreciation on Futures Contracts | |
$ | – | * |
| Total Derivatives not accounted for as hedging instruments | |
$ | 51,397 | | |
| |
| |
$ | – | |
| | |
| | | |
| |
| |
| | |
| Global X NASDAQ 100® Tail Risk ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Investments, at value | |
$ | 25,063 | ** | |
Equity contracts | |
Options written, at value | |
$ | – | |
| Total Derivatives not accounted for as hedging instruments | |
$ | 25,063 | | |
| |
| |
$ | – | |
| | |
| |
| | | |
| |
| |
| | |
| Global X NASDAQ 100® Collar 95-110 ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Investments, at value | |
$ | 44,307 | ** | |
Equity contracts | |
Options written, at value | |
$ | 7,831 | |
| Total Derivatives not accounted for as hedging instruments | |
$ | 44,307 | | |
| |
| |
$ | 7,831 | |
| | |
| |
| | | |
| |
| |
| | |
| Global X S&P 500® Tail Risk ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Investments, at value | |
$ | 16,698 | ** | |
Equity contracts | |
Options written, at value | |
$ | – | |
| Total Derivatives not accounted for as hedging instruments | |
$ | 16,698 | | |
| |
| |
$ | – | |
| | |
| |
| | | |
| |
| |
| | |
| Global X S&P 500® Collar 95-110 ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Investments, at value | |
$ | 52,625 | ** | |
Equity contracts | |
Options written, at value | |
$ | 2,200 | |
| Total Derivatives not accounted for as hedging instruments | |
$ | 52,625 | | |
| |
| |
$ | 2,200 | |
272
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
5. DERIVATIVE TRANSACTIONS (continued)
| | |
Asset Derivatives | |
| | |
| |
Liability Derivatives | |
| |
| | |
| |
Fair Value | | |
| |
| |
Fair Value | |
| | |
| | | |
| |
| |
| | |
| Global X Russell 2000 ETF | |
| | | |
| |
| |
| | |
| Equity contracts | |
Unrealized appreciation on Futures Contracts | |
$ | 133,816 | * | |
Equity contracts | |
Unrealized depreciation on Futures Contracts | |
$ | – | * |
| Total Derivatives not accounted for as hedging instruments | |
$ | 133,816 | | |
| |
| |
$ | – | |
*Includes cumulative appreciation/depreciation of futures contracts
as reported in the Schedules of Investments. Only current day’s variation margin is reported within the Statements of Assets and
Liabilities.
**Includes purchased options and/or swaptions.
The effect of derivative instruments on the Statements of Operations
for the year ended April 30, 2025:
Amount of realized gain or (loss) on derivatives recognized in income:
| | |
Purchased
Options | | |
Written
Options | | |
Futures Contracts | |
| Global X SuperDividend® ETF | |
| | |
| | |
| |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | (324,704) | |
| | |
| | | |
| | | |
| | |
| Global X MSCI SuperDividend®
Emerging Markets ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | (11,612) | |
| | |
| | | |
| | | |
| | |
| Global X SuperDividend® REIT
ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | (73,440) | |
| | |
| | | |
| | | |
| | |
| Global X NASDAQ 100® Tail
Risk ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | (67,230) | | |
$ | — | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X NASDAQ 100® Collar
95-110 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | 267 | | |
$ | (8,956 | ) | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X S&P 500® Tail
Risk ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | (34,220) | | |
$ | 25 | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X S&P 500® Collar
95-110 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | (191,677) | | |
$ | (1,315 | ) | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X Russell 2000 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | (1,205,799) | |
273
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
5. DERIVATIVE TRANSACTIONS (continued)
Change in unrealized appreciation or (depreciation) on derivatives recognized
in income:
| | |
Purchased
Options | | |
Written
Options | | |
Futures | |
| Global X SuperDividend® ETF | |
| | |
| | |
| |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | 538,180 | |
| | |
| | | |
| | | |
| | |
| Global X MSCI SuperDividend®
Emerging Markets ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | 17,773 | |
| | |
| | | |
| | | |
| | |
| Global X SuperDividend® REIT
ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | 104,843 | |
| | |
| | | |
| | | |
| | |
| Global X NASDAQ 100® Tail
Risk ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | 2,770 | | |
$ | — | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X NASDAQ 100® Collar
95-110 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | 26,089 | | |
$ | 15,143 | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X S&P 500® Tail
Risk ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | (2,833) | | |
$ | — | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X S&P 500® Collar
95-110 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | 8,872 | | |
$ | 2,838 | | |
$ | — | |
| | |
| | | |
| | | |
| | |
| Global X Russell 2000 ETF | |
| | | |
| | | |
| | |
| Equity contracts | |
$ | — | | |
$ | — | | |
$ | 145,888 | |
The following table discloses the average monthly balances of the Funds’
Futures activity during the period ended April 30, 2025:
| | |
Average
Notional
Balance Short | | |
Average Notional
Balance Long |
| Global X SuperDividend® ETF | |
| $- | | |
| $6,176,130 | |
| Global X MSCI SuperDividend® Emerging Markets ETF | |
| - | | |
| 134,890 | |
| Global X SuperDividend® REIT ETF | |
| - | | |
| 1,235,373 | |
| Global X Russell 2000 ETF | |
| - | | |
| 3,567,065 | |
The following table discloses the average monthly balances of the Funds’
options activity during the period ended April 30, 2025:
| | |
Average Market
Value Contracts
Written | | |
Average Market
Value Contracts
Purchased |
| Global X NASDAQ 100® Tail Risk ETF | |
| $- | | |
| $35,062 | |
| Global X NASDAQ 100® Collar 95-110 ETF | |
| (19,468) | | |
| 31,907 | |
| Global X S&P 500® Tail Risk ETF | |
| (179) | | |
| 15,535 | |
| Global X S&P 500® Collar 95-110 ETF | |
| (4,797) | | |
| 33,250 | |
274
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. TAX INFORMATION
The Global X SuperDividend® REIT
ETF has a tax year that ends on December 31. The following tax disclosures are representative as of October 31, 2024. Accordingly, the
disclosures are for informational use by shareholders and are subject to changes attributable to activity through the end of the tax year
ending December 31, 2024.
The amount and character of income and
capital gain distributions to be paid, if any, are determined in accordance with Federal income tax regulations, which may differ
from U.S. GAAP. As a result, net investment income (loss) and net realized gain (loss) on investment transactions for a reporting
period may differ significantly from distributions during such period. These book/tax differences may be temporary or permanent. To
the extent these differences are permanent in nature, they are charged or credited to undistributed net investment income (loss),
accumulated net realized gain (loss) or paid-in capital, as appropriate, in the period that the differences arise.
The tax character of dividends and distributions
declared during the periods ended October 31, 2024 and October 31, 2023 were as follows:
| Global X Funds | |
Ordinary
Income | | |
Long-Term
Capital Gain | | |
Return of Capital | | |
Totals | |
| Global X Lithium & Battery Tech ETF |
| | | |
| | |
| 2024 | |
$ | 22,783,171 | | |
$ | – | | |
$ | – | | |
$ | 22,783,171 | |
| 2023 | |
| 38,976,032 | | |
| – | | |
| – | | |
| 38,976,032 | |
| Global X SuperDividend® ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 82,970,679 | | |
$ | – | | |
$ | – | | |
$ | 82,970,679 | |
| 2023 | |
| 71,554,165 | | |
| – | | |
| 17,865,200 | | |
| 89,419,365 | |
| Global X Social Media ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 378,226 | | |
$ | – | | |
$ | 173,861 | | |
$ | 552,087 | |
| 2023 | |
| 696,865 | | |
| – | | |
| – | | |
| 696,865 | |
| Global X Guru® Index ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 217,907 | | |
$ | – | | |
$ | – | | |
$ | 217,907 | |
| 2023 | |
| 140,340 | | |
| – | | |
| 13,339 | | |
| 153,679 | |
| Global X SuperIncome™ Preferred ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 9,677,017 | | |
$ | – | | |
$ | – | | |
$ | 9,677,017 | |
| 2023 | |
| 12,843,440 | | |
| – | | |
| – | | |
| 12,843,440 | |
| Global X SuperDividend® U.S. ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 38,896,520 | | |
$ | – | | |
$ | – | | |
$ | 38,896,520 | |
| 2023 | |
| 32,670,182 | | |
| – | | |
| 12,029,058 | | |
| 44,699,240 | |
| Global X MSCI SuperDividend® Emerging Markets ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 3,099,999 | | |
$ | – | | |
$ | – | | |
$ | 3,099,999 | |
| 2023 | |
| 3,319,170 | | |
| – | | |
| – | | |
| 3,319,170 | |
| Global X SuperDividend® REIT ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 15,618,158 | | |
$ | – | | |
$ | 3,572,605 | | |
$ | 19,190,763 | |
| 2023 | |
| 17,667,250 | | |
| – | | |
| 6,960,250 | | |
| 24,627,500 | |
| Global X Renewable Energy Producers ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 604,064 | | |
$ | – | | |
$ | – | | |
$ | 604,064 | |
275
Notes
to Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. TAX INFORMATION (continued)
| Global X Funds | |
Ordinary
Income | | |
Long-Term
Capital Gain | | |
Return of Capital | | |
Totals | |
| 2023 | |
| 839,231 | | |
| – | | |
| – | | |
| 839,231 | |
| Global X S&P 500® Catholic Values ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 8,941,586 | | |
$ | – | | |
$ | – | | |
$ | 8,941,586 | |
| 2023 | |
| 7,699,184 | | |
| – | | |
| – | | |
| 7,699,184 | |
| Global X MSCI SuperDividend® EAFE ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 677,906 | | |
$ | – | | |
$ | – | | |
$ | 677,906 | |
| 2023 | |
| 736,065 | | |
| – | | |
| – | | |
| 736,065 | |
| Global X E-commerce ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 154,261 | | |
$ | – | | |
$ | – | | |
$ | 154,261 | |
| 2023 | |
| – | | |
| – | | |
| 42,666 | | |
| 42,666 | |
| Global X S&P Catholic Values Developed ex-U.S. ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 400,397 | | |
$ | – | | |
$ | – | | |
$ | 400,397 | |
| 2023 | |
| 253,178 | | |
| – | | |
| – | | |
| 253,178 | |
| Global X NASDAQ 100® Tail Risk ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 10,896 | | |
$ | – | | |
$ | – | | |
$ | 10,896 | |
| 2023 | |
| 4,771 | | |
| – | | |
| – | | |
| 4,771 | |
| Global X NASDAQ 100® Collar 95-110 ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 13,700 | | |
$ | – | | |
$ | – | | |
$ | 13,700 | |
| 2023 | |
| 8,877 | | |
| – | | |
| – | | |
| 8,877 | |
| Global X S&P 500® Tail Risk ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 32,910 | | |
$ | – | | |
$ | – | | |
$ | 32,910 | |
| 2023 | |
| 32,745 | | |
| – | | |
| – | | |
| 32,745 | |
| Global X S&P 500® Collar 95-110 ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 28,907 | | |
$ | – | | |
$ | – | | |
$ | 28,907 | |
| 2023 | |
| 40,011 | | |
| – | | |
| – | | |
| 40,011 | |
| Global X Disruptive Materials ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 77,577 | | |
$ | – | | |
$ | – | | |
$ | 77,577 | |
| 2023 | |
| 77,885 | | |
| – | | |
| – | | |
| 77,885 | |
| Global X Russell 2000 ETF |
| | | |
| | | |
| | |
| 2024 | |
$ | 5,855,188 | | |
$ | – | | |
$ | – | | |
$ | 5,855,188 | |
276
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. TAX INFORMATION (continued)
As of October 31, 2024, the components of tax basis distributable
earnings (accumulated losses) were as follows:
| | |
Global X
Lithium &
Battery Tech
ETF | |
Global X
SuperDividend®
ETF | |
Global X Social
Media ETF | |
Global X Guru®
Index ETF |
| Undistributed Ordinary Income | |
$ | 3,436,019 | | |
$ | 888,762 | | |
$ | – | | |
$ | 21,397 | |
| Capital Loss Carryforwards | |
| (882,792,076 | ) | |
| (908,065,258 | ) | |
| (120,218,712 | ) | |
| (22,063,459 | ) |
| Unrealized Appreciation (Depreciation) on Investments and Foreign Currency | |
| (449,560,629 | ) | |
| (58,614,907 | ) | |
| (54,711,040 | ) | |
| 4,415,283 | |
| Other Temporary Differences | |
| (14 | ) | |
| (18 | ) | |
| – | | |
| (8 | ) |
| Total Accumulated Losses | |
$ | (1,328,916,700 | ) | |
$ | (965,791,421 | ) | |
$ | (174,929,752 | ) | |
$ | (17,626,787 | ) |
| | |
Global X
SuperIncome™
Preferred ETF | |
Global X
SuperDividend®
U.S. ETF | |
Global X MSCI
SuperDividend®
Emerging
Markets ETF | |
Global X
SuperDividend®
REIT ETF(1) |
| Undistributed Ordinary Income | |
$ | 921,559 | | |
$ | 3,070,672 | | |
$ | 18,968 | | |
$ | – | |
| Capital Loss Carryforwards | |
| (110,398,997 | ) | |
| (225,863,294 | ) | |
| (28,311,077 | ) | |
| (256,944,305 | ) |
| Unrealized Appreciation (Depreciation) on Investments and Foreign Currency | |
| 2,243,648 | | |
| 63,708,666 | | |
| (3,491,210 | ) | |
| (24,941,511 | ) |
| Other Temporary Differences | |
| 5 | | |
| 12 | | |
| 2 | | |
| (1,501,395 | ) |
| Total Accumulated Losses | |
$ | (107,233,785 | ) | |
$ | (159,083,944 | ) | |
$ | (31,783,317 | ) | |
$ | (283,387,211 | ) |
| | |
Global X
Renewable
Energy
Producers ETF | |
Global X S&P
500® Catholic
Values ETF | |
Global X MSCI
SuperDividend®
EAFE ETF | |
Global X
E-commerce
ETF |
| Undistributed Ordinary Income | |
$ | 139,064 | | |
$ | 3,660,940 | | |
$ | 92,194 | | |
$ | 8,059 | |
| Capital Loss Carryforwards | |
| (15,933,993 | ) | |
| (10,138,232 | ) | |
| (2,474,979 | ) | |
| (38,416,541 | ) |
| Unrealized Appreciation (Depreciation) on Investments and Foreign Currency | |
| (28,691,600 | ) | |
| 254,756,142 | | |
| (188,218 | ) | |
| (8,273,857 | ) |
| Other Temporary Differences | |
| (2 | ) | |
| 2 | | |
| (5 | ) | |
| (1 | ) |
| Total Distributable Earnings (Accumulated Losses) | |
$ | (44,486,531 | ) | |
$ | 248,278,852 | | |
$ | (2,571,008 | ) | |
$ | (46,682,340 | ) |
277
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. TAX INFORMATION (continued)
| | |
Global X S&P
Catholic Values
Developed ex-
U.S. ETF | |
Global X
NASDAQ 100®
Tail Risk ETF | |
Global X
NASDAQ 100®
Collar 95-110
ETF | |
Global X S&P
500® Tail Risk
ETF |
| Undistributed Ordinary Income | |
$ | 135,295 | | |
$ | 5,302 | | |
$ | 148,262 | | |
$ | 438,647 | |
| Capital Loss Carryforwards | |
| (402,429 | ) | |
| (17,798 | ) | |
| – | | |
| – | |
| Unrealized Appreciation on Investments and Foreign Currency | |
| 330,607 | | |
| – | | |
| – | | |
| – | |
| Other Temporary Differences | |
| (1 | ) | |
| – | | |
| 1 | | |
| (1 | ) |
| Total Distributable Earnings (Accumulated Losses) | |
$ | 63,472 | | |
$ | (12,496 | ) | |
$ | 148,263 | | |
$ | 438,646 | |
| | |
Global X S&P
500® Collar 95-
110 ETF | |
Global X
Disruptive
Materials ETF | |
Global X Russell
2000 ETF |
| Undistributed Ordinary Income | |
$ | 298,046 | | |
$ | 32,282 | | |
$ | 4,795,651 | |
| Capital Loss Carryforwards | |
| – | | |
| (1,787,121 | ) | |
| – | |
| Unrealized Appreciation (Depreciation) on Investments and Foreign Currency | |
| – | | |
| (966,772 | ) | |
| 93,047,902 | |
| Other Temporary Differences | |
| – | | |
| (2 | ) | |
| (1 | ) |
| Total Distributable Earnings (Accumulated Losses) | |
$ | 298,046 | | |
$ | (2,721,613 | ) | |
$ | 97,843,552 | |
| (1) |
The Global X SuperDividend® REIT ETF has a tax year that ends on December
31. |
For taxable years beginning after December
22, 2010, a Registered Investment Company within the meaning of the 1940 Act is permitted to carry forward net capital losses
to offset capital gains realized in later years, and the losses carried forward retain their original character as either
long-term or short-term losses.
The Federal tax cost basis of investments and
aggregate gross unrealized appreciation and depreciation on investments held by the Funds at April 30, 2025 were as follows:
| Global X Funds |
|
Federal Tax
Cost |
|
Aggregated
Gross
Unrealized
Appreciation |
|
Aggregated
Gross
Unrealized
Depreciation |
|
Net Unrealized
Appreciation
(Depreciation) |
| Global X Lithium & Battery Tech ETF |
|
$1,275,313,690 |
|
$75,833,470 |
|
$(487,988,385) |
|
$(412,154,915) |
| Global X SuperDividend® ETF |
|
898,205,349 |
|
45,317,841 |
|
(120,789,856) |
|
(75,472,015) |
| Global X Social Media ETF |
|
156,017,730 |
|
15,847,552 |
|
(55,276,193) |
|
(39,428,641) |
| Global X Guru® Index ETF |
|
44,409,815 |
|
2,664,670 |
|
(2,730,535) |
|
(65,865) |
| Global X SuperIncome™ Preferred ETF |
|
133,722,493 |
|
2,296,041 |
|
(5,466,885) |
|
(3,170,844) |
| Global X SuperDividend® U.S. ETF |
|
642,617,002 |
|
73,308,828 |
|
(68,685,794) |
|
4,623,034 |
| Global X MSCI SuperDividend® Emerging Markets
ETF |
|
36,969,819 |
|
6,144,717 |
|
(6,569,738) |
|
(425,021) |
| Global X SuperDividend® REIT ETF |
|
180,277,929 |
|
7,750,171 |
|
(8,394,319) |
|
(644,148) |
278
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. TAX INFORMATION (continued)
| Global X Funds |
|
Federal Tax
Cost |
|
Aggregated
Gross
Unrealized
Appreciation |
|
Aggregated
Gross
Unrealized
Depreciation |
|
Net Unrealized
Appreciation
(Depreciation) |
| Global X Renewable Energy Producers ETF |
|
$50,658,043 |
|
$760,159 |
|
$(28,095,804) |
|
$(27,335,645) |
| Global X S&P 500® Catholic Values ETF |
|
665,465,237 |
|
239,622,560 |
|
(35,899,034) |
|
203,723,526 |
| Global X MSCI SuperDividend® EAFE ETF |
|
10,397,004 |
|
1,598,030 |
|
(484,041) |
|
1,113,989 |
| Global X E-commerce ETF |
|
73,491,721 |
|
11,309,258 |
|
(16,075,508) |
|
(4,766,250) |
| Global X S&P Catholic Values Developed ex-U.S. ETF |
|
20,873,344 |
|
2,648,816 |
|
(1,076,744) |
|
1,572,072 |
| Global X NASDAQ 100® Tail Risk ETF |
|
2,234,385 |
|
260,691 |
|
(182,440) |
|
78,251 |
| Global X NASDAQ 100® Collar 95-110 ETF |
|
1,938,558 |
|
425,954 |
|
(140,142) |
|
285,812 |
| Global X S&P 500® Tail Risk ETF |
|
1,516,523 |
|
417,520 |
|
(123,757) |
|
293,763 |
| Global X S&P 500® Collar 95-110 ETF |
|
3,022,966 |
|
74,956 |
|
(225,373) |
|
(150,417) |
| Global X Disruptive Materials ETF |
|
4,161,675 |
|
82,699 |
|
(1,122,091) |
|
(1,039,392) |
| Global X Russell 2000 ETF |
|
1,522,373,734 |
|
144,450,306 |
|
(227,437,615) |
|
(82,987,309) |
| Global X U.S. Electrification ETF |
|
59,491,604 |
|
2,346,820 |
|
(3,836,538) |
|
(1,489,718) |
| Global X S&P 500 U.S. Market Leaders Top 50 ETF |
|
2,512,512 |
|
91,397 |
|
(49,749) |
|
41,648 |
| Global X S&P 500 U.S. Revenue Leaders ETF |
|
2,488,111 |
|
102,473 |
|
(25,124) |
|
77,349 |
7. CONCENTRATION OF RISKS
The Funds invest in securities of foreign issuers
in various countries. These investments may involve certain considerations and risks not typically associated with investments
in the United States as a result of, among other factors, the possibility of future political and economic developments, the level
of governmental supervision and regulation of securities markets in the respective countries.
The securities markets of emerging market countries
are less liquid, subject to greater price volatility, and have a smaller market capitalization than the U.S. securities markets.
In certain countries, there may be fewer publicly traded securities and the market may be dominated by a few issuers or sectors.
Issuers and securities markets in such countries are not subject to as extensive and frequent accounting, financial and other reporting
requirements or as comprehensive government regulations as are issuers and securities markets in the United States. In particular,
the assets and profits appearing on the financial statements of emerging market country issuers may not reflect their financial
position or results of operations in the same manner as financial statements for U.S. issuers.
279
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
7. CONCENTRATION OF RISKS (continued)
Substantially less information may be publicly
available about emerging market country issuers than is available about issuers in the United States.
The Funds may be subject to taxes imposed by
countries in which they invest. Such taxes are generally based on either income, gains earned or repatriated. The Funds accrue
and apply such taxes to net investment income, net realized gains and net unrealized gains as income and/or capital gains are earned.
Except for the Global X Russell 2000 ETF, which
uses a representative sampling strategy, the Funds use a replication strategy. A replication strategy is an indexing strategy that
involves investing in the securities of an underlying index (also known as a secondary index) in approximately the same proportions
as in the underlying index. A representative sampling strategy is an indexing strategy that involves investing in a representative
sample of securities (including indirect investments through underlying ETFs) that collectively has an investment profile similar
to an underlying index in terms of key risk factors, performance attributes and other characteristics. Each Fund may utilize a
representative sampling strategy with respect to its underlying index when a replication strategy might be detrimental to its shareholders,
such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow
their underlying index, or, in certain instances, when securities in the underlying index become temporarily illiquid, unavailable
or less liquid, or due to legal restrictions (such as diversification requirements that apply to a Fund but not the underlying
index).
Certain Funds may invest in commodity related
securities, which are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could
have a great impact on those securities.
Please refer to each Fund’s prospectus
and statement of additional information (“SAI”) for a more complete description of risks.
8. LOANS OF PORTFOLIO SECURITIES
Each Fund may lend portfolio securities having
a market value up to one-third of its total assets. Security loans made pursuant to securities lending agreements with BBH and
BNY Mellon are initially required to be secured by collateral equal to at least 102% of the value of domestic equity securities
and American Depositary Receipts (“ADRs”) and 105% of the value of foreign equity securities (other than ADRs). Such
collateral received in connection with these loans will be cash and can be invested in repurchase agreements, short-term investments
or U.S. Treasury obligations, and is recognized in the Schedules of Investments and Statements of Assets and Liabilities. The obligation
to return securities lending collateral is also recognized as a liability in the Statements of Assets and Liabilities. It is each
Fund’s policy to obtain additional collateral from or return excess collateral to the borrower by the end of the next business
day, following the valuation date of the securities
280
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
8. LOANS OF PORTFOLIO SECURITIES (continued)
loaned. Therefore, the value of the collateral
held may be temporarily less than the value of the securities on loan.
Securities pledged as collateral for repurchase
agreements held in the Global X Lithium & Battery Tech ETF, Global X SuperDividend® ETF, Global X Social Media
ETF, Global X Guru® Index ETF, Global X SuperDividend® U.S. ETF, Global X MSCI SuperDividend®
Emerging Markets ETF, Global X Renewable Energy Producers ETF, and Global X E-commerce ETF, are held by BNY Mellon and are
designated as being held on each Fund’s behalf under a book-entry system. The Funds monitor the adequacy of the collateral on a
daily basis and can require the seller to provide additional collateral in the event the market value of the securities pledged
falls below the carrying value of the repurchase agreement, including accrued interest. It is each Fund’s policy to only enter
into repurchase agreements with banks and other financial institutions which are deemed by the Adviser to be creditworthy. The
Funds bear the risk of loss in the event the other party to a repurchase agreement defaults on its obligations and the Fund is
prevented from exercising its rights to dispose of the underlying securities received as collateral and the risk of a possible
decline in the value of the underlying securities during the period. For financial statement purposes, the Funds record the securities
lending collateral (including in repurchase agreements, at value or restricted cash) as an asset and the obligation to return securities
lending collateral as a liability on the Statement of Assets and Liabilities.
Cash collateral received in connection with
securities lending is invested in repurchase agreements and short-term investments by the lending agent. The Funds do not have
effective control of the non-cash collateral and therefore it is not disclosed in the Funds’ Schedule of Investments.
Securities lending transactions are entered
into by the Funds under the Securities Lending Agreement, which permits a Fund, under certain circumstances such as an event of
default, to offset amounts payable by the Fund to the same counterparty against amounts receivable from the counterparty to create
a net payment due to or from the Fund.
Income from securities lending is determined
by the amount of interest earned on collateral, net of any rebate and securities lending agent fees.
The following is a summary of securities lending
agreements held by the Funds, with cash collateral of overnight maturities and non-cash collateral, which would be subject to offset
as of April 30, 2025.
281
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
8. LOANS OF PORTFOLIO SECURITIES (continued)
| | |
Gross Amount
of Recognized
Assets (Value
of Securities on
Loan) | |
Value of
Cash
Collateral
Received(1) | |
Value of
Non-Cash
Collateral
Received(1) | |
Net Amount |
| Global X Lithium & Battery Tech ETF | |
$ | 39,949,292 | | |
$ | 33,909,830 | | |
$ | 6,039,462 | | |
$ | — | |
| Global X SuperDividend® ETF | |
| 45,628,773 | | |
| 41,687,114 | | |
| 3,941,659 | | |
| — | |
| Global X Social Media ETF | |
| 6,555,102 | | |
| 2,602,104 | | |
| 3,952,998 | | |
| — | |
| Global X Guru® Index ETF | |
| 664,260 | | |
| 664,260 | | |
| — | | |
| — | |
| Global X SuperIncome™ Preferred ETF | |
| 519,058 | | |
| 519,058 | | |
| — | | |
| — | |
| Global X SuperDividend® U.S. ETF | |
| 10,448,983 | | |
| 10,448,983 | | |
| — | | |
| — | |
| Global X MSCI SuperDividend® Emerging Markets ETF | |
| 333,024 | | |
| 155,663 | | |
| 177,361 | | |
| — | |
| Global X Renewable Energy Producers ETF | |
| 968,833 | | |
| 699,021 | | |
| 269,812 | | |
| — | |
| Global X E-commerce ETF | |
| 2,620,949 | | |
| 2,620,949 | | |
| — | | |
| — | |
| Global X Russell 2000 ETF | |
| 24,957,243 | | |
| 24,957,243 | | |
| — | | |
| — | |
| (1) |
Collateral and non-cash collateral received in excess of market value of securities on loan is
not presented in this table. The total cash collateral received by the Fund is disclosed in the Statements of Assets and Liabilities. |
The value of loaned securities and related
collateral outstanding at April 30, 2025 are shown in the Schedules of Investments. The value of the collateral held may be
temporarily less than that required under the lending contract. As of April 30, 2025, the cash collateral was invested in repurchase
agreements and the non-cash collateral consisted of U.S. Treasury Bills, Notes, Bonds and U.S. Treasury Inflation Indexed Bonds with
the following maturities:
| | |
Overnight
and
Continuous | |
<30 Days | |
Between
30 & 90
Days | |
>90 Days | |
Total |
| Global X Lithium & Battery Tech ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 36,823,840 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 36,823,840 | |
| U.S. Government Securities | |
| — | | |
| 232,314 | | |
| 270,411 | | |
| 5,536,737 | | |
| 6,039,462 | |
| Total | |
$ | 36,823,840 | | |
$ | 232,314 | | |
$ | 270,411 | | |
$ | 5,536,737 | | |
$ | 42,863,302 | |
| Global X SuperDividend® ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 45,442,270 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 45,442,270 | |
| U.S. Government Securities | |
| — | | |
| 1,777 | | |
| 191,577 | | |
| 3,748,305 | | |
| 3,941,659 | |
| Total | |
$ | 45,442,270 | | |
$ | 1,777 | | |
$ | 191,577 | | |
$ | 3,748,305 | | |
$ | 49,383,929 | |
282
Notes to Financial Statements (Continued)
April 30, 2025 (Unaudited)
8. LOANS OF PORTFOLIO SECURITIES (continued)
| | |
Overnight
and
Continuous | |
<30 Days | |
Between
30 & 90
Days | |
>90 Days | |
Total |
| Global X Social Media ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 2,719,064 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 2,719,064 | |
| U.S. Government Securities | |
| — | | |
| — | | |
| 133,347 | | |
| 3,819,651 | | |
| 3,952,998 | |
| Total | |
$ | 2,719,064 | | |
$ | — | | |
$ | 133,347 | | |
$ | 3,819,651 | | |
$ | 6,672,062 | |
| Global X Guru® Index ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 387,999 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 387,999 | |
| Total | |
$ | 387,999 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 387,999 | |
| Global X SuperIncome™ Preferred ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 317,548 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 317,548 | |
| Total | |
$ | 317,548 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 317,548 | |
| Global X SuperDividend® U.S. ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 10,619,919 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 10,619,919 | |
| Total | |
$ | 10,619,919 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 10,619,919 | |
| Global X MSCI SuperDividend® Emerging Markets ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 166,154 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 166,154 | |
| U.S. Government Securities | |
| — | | |
| — | | |
| 23,973 | | |
| 153,388 | | |
| 177,361 | |
| Total | |
$ | 166,154 | | |
$ | — | | |
$ | 23,973 | | |
$ | 153,388 | | |
$ | 343,515 | |
| Global X Renewable Energy Producers ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 763,376 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 763,376 | |
| U.S. Government Securities | |
| — | | |
| — | | |
| 6,734 | | |
| 278,580 | | |
| 285,314 | |
| Total | |
$ | 763,376 | | |
$ | — | | |
$ | 6,734 | | |
$ | 278,580 | | |
$ | 1,048,690 | |
| Global X E-commerce ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 2,793,841 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 2,793,841 | |
| Total | |
$ | 2,793,841 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 2,793,841 | |
| Global X Russell 2000 ETF | |
| | | |
| | | |
| | | |
| | | |
| | |
| Repurchase Agreements | |
$ | 10,858,895 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 10,858,895 | |
| Total | |
$ | 10,858,895 | | |
$ | — | | |
$ | — | | |
$ | — | | |
$ | 10,858,895 | |
9. REVERSE STOCK SPLIT
The Board of the Trust approved a reverse
share split of one to three (1:3) of the issued and outstanding shares of the Global X SuperDividend® ETF,
Global X MSCI SuperDividend® Emerging Markets ETF and Global X SuperDividend® REIT ETF, (the
“Reverse Share Split”). The Reverse Share Split was completed after the close of business on December 19, 2022. The
effect of this transaction for each Fund was to divide the number of outstanding
283
Notes to Financial Statements (Concluded)
April 30, 2025 (Unaudited)
9. REVERSE STOCK SPLIT (continued)
Shares of the Fund by three, resulting in a
corresponding increase in the NAV per Share. The capital share activity presented on the Statement of Changes in Net Assets for
each of the years in the period then ended, and the per share data in the financial highlights for each of the years in the period
then ended, have been given retroactive effect to reflect these reverse share splits. There were no changes in net assets, results
of operations or total return as a result of these transactions.
10. CONTRACTUAL OBLIGATION
The Funds enter into contracts in the normal
course of business that contain a variety of indemnifications. The Funds’ maximum exposure under these contracts is unknown;
however, the Funds have not had prior gains or losses pursuant to these contracts. Management has reviewed the Funds’ existing
contracts and expects the risk of loss to be remote.
Pursuant to the Trust’s organizational
documents, the Trustees of the Trust and the Trust’s officers are indemnified against certain liabilities that may arise
out of the performance of their duties.
11. SUBSEQUENT EVENTS
The Funds have been evaluated by management
regarding the need for additional disclosures and/or adjustments resulting from subsequent events. Based on this evaluation, no
additional adjustments were required to the financial statements.
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Information (Form N-CSRS Item 11) (Unaudited)
Item 8. Changes in and Disagreements with Accountants
for Open-End Management Investment Companies.
Not applicable.
Item 9. Proxy Disclosures for Open-End Management
Investment Companies.
There were no matters submitted to a vote of shareholders
during the period covered by this report.
Item 10. Remuneration Paid to Directors, Officers,
and Others of Open-End Management Investment Companies.
(1) No remuneration was paid by the company during
the period covered by the report to any Trustees on the company’s Board of Trustees for regular compensation.
(2) No remuneration was paid by the company during
the period covered by the report to any Trustees on the company’s Board of Trustees for special compensation.
(3) No remuneration was paid by the company during
the period covered by the report to any Officers of the company.
(4) No remuneration was paid by the company during
the period covered by the report to any Officer or Trustee of the company who is an affiliated person.
Item 11. Statement Regarding Basis for Approval
of Investment Advisory Contract.
Section 15(c) of the Investment Company Act of
1940, as amended (“1940 Act”), requires that the board of trustees of an exchange-traded fund (“ETF”), including
a majority of those trustees who are not “interested persons” of the ETF, as defined in the 1940 Act (“Independent Trustees”),
consider on an initial basis and periodically thereafter (as required by the 1940 Act), at an in person meeting called for such purpose,
the terms of each ETF’s investment advisory agreement and whether to approve entering into, or renewing, each agreement.
At Board meetings (the “New Fund Board Meetings”)
of the Global X Funds (the “Trust”) held on September 18, 2024, with respect to the Global X U.S. Electrification ETF, and
January 24, 2025, with respect to the Global X S&P 500 U.S. Revenue Leaders ETF and Global X S&P 500 U.S. Market Leaders Top 50
ETF (each a “New Fund,” and together the “New Funds”), the Board of Trustees (the “Board”) (including
the Trust’s Independent Trustees, voting separately) considered and unanimously approved (i) the initial Investment Advisory Agreement
(the “New Investment Advisory Agreement”); and (ii) the initial Supervision and Administration Agreement (the “New Supervision
and Administration Agreement”) between the Trust, on behalf of each New Fund, and Global X Management Company LLC (“Global
X Management”). The New Investment Advisory Agreement and New Supervision and Administration Agreement are referred to collectively
as the “New Fund Agreements.”
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Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
At a Board meeting of the Trust held on November
19, 2024 (the “November Board Meeting” and together with the New Fund Board Meetings, the “Board Meetings”), called
for such purpose, the Board (including the Trust’s Independent Trustees, voting separately) also considered and unanimously approved
the continuation of (i) the Investment Advisory Agreement (“Renewal Investment Advisory Agreement”) for each Fund (each a
“Renewal Fund” and together, the “Renewal Funds”) included in this Form N-CSR; and (ii) the Supervision and Administration
Agreement (“Renewal Supervision and Administration Agreement”), each between the Trust, on behalf of each Renewal Fund, and
Global X Management. The Renewal Investment Advisory Agreement and the Renewal Supervision and Administration Agreement are referred to
herein as the “Renewal Agreements.”
In advance of the Board Meetings, the Board (including
the Trust’s Independent Trustees) and the Independent Trustees’ independent legal counsel requested (in writing) detailed
information from Global X Management in connection with the Board’s consideration of the Renewal Agreements and New Fund Agreements
and received and reviewed written responses from Global X Management and supporting materials relating to those requests for information.
In the course of their consideration of the Renewal Agreements and New Fund Agreements, the Trust’s Independent Trustees were advised
by their independent legal counsel and, in addition to meetings with management of Global X Management, the Independent Trustees met separately
in executive sessions with their counsel.
NEW FUND AGREEMENTS
In determining to approve the New Fund Agreements
for each New Fund, the Board considered a variety of factors, including the factors discussed in greater detail below.
Nature, Extent and Quality of Services
The Board considered the nature, extent and quality
of all of the services (including advisory, administrative and compliance services) that are proposed to be provided by Global X Management
or made available to the New Funds. With respect to this factor, the Board considered:
| — |
the terms of the New Fund Agreements and the range of services proposed to be provided
to the New Funds in accordance with the New Fund Agreements; |
| |
|
| — |
Global X Management’s key personnel and the portfolio managers who would provide investment
advisory, supervision and administrative services to the New Funds; |
| |
|
| — |
Global X Management’s responsibilities under the New Fund Agreements to, among other things,
(i) manage the investment operations of the New Funds and the composition of the New Funds’ assets, including the purchase,
retention and disposition of its holdings, (ii) provide quarterly reports to the Trust’s officers and the Board and other reports
as the Board deems necessary or appropriate, (iii) vote proxies, exercise consents, and exercise all other rights appertaining to
securities and assets held by the New Funds, (iv) select broker-dealers to execute portfolio |
286
Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
transactions for the New Funds when necessary,
(v) assist in the preparation and filing of reports and proxy statements (if any) to the shareholders of the New Funds, and the periodic
updating of the registration statements, prospectuses, statements of additional information, and other reports and documents for the New
Funds that are required to be filed by the Trust with the U.S. Securities and Exchange Commission (“SEC”) and other regulatory
or governmental bodies, and (vi) monitor anticipated purchases and redemptions of the shares (including Creation Units) of the New Funds
by shareholders and new investors;
| — |
each New Fund’s investment strategies and Global X Management’s experience
with such strategies; and |
| |
|
| — |
the quality of Global X Management’s resources and personnel that would be made available to
the New Funds, including Global X Management’s experience and the professional qualifications of Global X Management’s
key personnel. |
Based on these considerations, the Board concluded
at the New Fund Board Meetings that it was satisfied with the nature, extent and quality of the services proposed to be provided to the
New Funds by Global X Management.
Performance
The Board determined that, because the New Funds
had not yet begun investment operations as of the dates of the respective New Fund Board Meetings, meaningful data relating to the investment
performance of the New Funds was not available and, therefore, could not be a factor in approving the New Fund Agreements.
Cost of Services and Profitability
The Board considered Global X Management’s
expected costs to provide investment management, supervision and administrative and related services to each New Fund. With respect to
this factor, the Board considered:
| — |
the management fee (including the proposed investment advisory fee) (“Management Fee”)
that was proposed to be borne by each New Fund under the respective New Fund Agreement for the various investment advisory, supervisory
and administrative services that the New Funds require under a unitary fee structure (including the types of fees and expenses that
are not included within the unitary fee and would be borne by the New Funds); and |
| |
|
| — |
the expected profitability to Global X Management, if any, from all of the services proposed to be
provided to the New Funds by Global X Management and all aspects of the relationship between Global X Management and the New Funds. |
Based on these considerations, the Board concluded
that the proposed Management Fee to be paid by each New Fund to Global X Management, in light of the nature, extent and
287
Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
quality of the services to be provided, was reasonable
and in the best interests of each New Fund’s shareholders.
Comparison of Fees and Services
The Board considered the fees that were proposed
to be charged to the New Funds for advisory services. With respect to this factor, the Board considered:
| — |
comparative information with respect to the proposed Management Fee to be paid to Global X Management
by each New Fund. In connection with this consideration, Global X Management provided the Board with comparative expense data for
each New Fund, including fees and expenses paid by unaffiliated similar specialized and/or focused ETFs, and/or other similar registered
funds. The Board considered Global X Management’s detailed explanation of the proposed fee structures of the New Funds compared
to the average and median of each New Fund’s peer group. With respect to the Global X S&P 500 U.S. Market Leaders Top 50
ETF, the Board noted that the New Fund’s proposed Management Fee was 2 basis points higher than the peer group average and
1 basis point higher than the peer group median and its total expenses were expected to be 10 basis points higher than each of the
peer group average and median, and that Global X Management believed the proposed fees and expenses were appropriate in light of
the New Fund’s approach to screening its underlying index and applying fundamental factors and that they were within the range
of the fees and expenses of the comparable funds; |
| |
|
| — |
the structure of the proposed unitary Management Fee (which includes as one component the proposed
investment advisory fee for the New Funds) and the expected total expense ratios for each New Fund. In this regard, the Board took
into consideration that the purpose of adopting a unitary Management Fee structure for the New Funds was to create a simple, all-inclusive
fee that would provide a level of predictability with respect to the overall expense ratios (i.e., the total fees) of the New Funds
and that the proposed Management Fee for each New Fund was set at a competitive level to make the New Fund viable in the marketplace;
and |
| |
|
| — |
that, under the proposed unified Management Fee structure, Global X Management would be responsible
for most ordinary expenses of the New Funds, including the costs of various third-party services required by the New Funds, including
investment advisory, administrative, audit, certain custody, portfolio accounting, legal, transfer agency and printing costs, but
that each New Fund would bear other expenses not covered under the proposed all-inclusive Management Fee, such as taxes, brokerage
fees, commissions, and other transaction expenses, interest expenses, and extraordinary expenses. |
Based on these considerations, the Board concluded
at the New Fund Board Meetings that the services to be received and the fees to be charged under the applicable New Fund Agreements were
reasonable on a comparative basis.
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Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
Economies of Scale
The Board considered the extent to which the economies
of scale would be realized as the New Funds grow and whether the proposed unitary Management Fee for each New Fund reflected these economies
of scale. With respect to this factor, the Board considered:
| — |
the significant investment of time, personnel and other resources that Global X Management intends
to make in the New Funds in order to seek to assure that the New Funds are attractive to investors; and |
| |
|
| — |
that the proposed unitary Management Fee would provide a high level of certainty as to the total
level of expenses for each New Fund and its shareholders. |
Based on these considerations, the Board concluded
at the New Fund Board Meetings that the proposed unitary Management Fee for each New Fund appropriately addressed economies of scale.
Other Benefits
In considering each New Fund Agreement, in addition
to the factors discussed above, the Board considered other benefits that may be realized by Global X Management as a result of its relationship
with the New Funds.
Conclusion
After full consideration of the factors above,
as well as other factors that were instructive in their consideration, the Board, including all of the Trust’s Independent Trustees
voting separately, concluded, in the exercise of its business judgement, that the New Fund Agreements were fair and reasonable and in
the best interest of the New Funds.
In reaching this decision, the Board did not assign
relative weights to the factors above nor did the Board deem any one factor or group of them to be controlling in and of themselves. Each
member of the Board may have assigned different weights to the various factors.
RENEWAL AGREEMENTS
In determining to approve the continuation of the
Renewal Agreements for each Renewal Fund, the Board considered a variety of factors, including the factors discussed in greater detail
below.
Nature, Extent and Quality of Services
The Board considered the nature, extent and quality
of all of the services (including advisory, administrative and compliance services) that have been provided by Global X
289
Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
Management or made available to the Renewal Funds.
With respect to this factor, the Board considered:
| — |
the terms of the Renewal Agreements and the range of services that would continue to
be provided to each Renewal Fund in accordance with the Renewal Agreements; |
| |
|
| — |
Global X Management’s key personnel and the portfolio managers who would continue to provide
investment advisory, supervision and administrative services to each Renewal Fund; |
| |
|
| — |
Global X Management’s responsibilities under the Renewal Agreements, among other things, to:
(i) manage the investment operations of the Renewal Funds and the composition of the Renewal Funds’ assets, including the purchase,
retention and disposition of their holdings, (ii) provide quarterly reports to the Trust’s officers and the Board and other
reports as the Board deems necessary or appropriate, (iii) vote proxies, exercise consents, and exercise all other rights relating
to securities and assets held by the Renewal Funds, (iv) select broker-dealers to execute portfolio transactions for the Renewal
Funds when necessary, (v) assist in the preparation and filing of reports and proxy statements (if any) to the shareholders of the
Renewal Funds, and the periodic updating of the registration statement, prospectuses, statements of additional information, and other
reports and documents for the Renewal Funds that are required to be filed by the Trust with the SEC and other regulatory and governmental
bodies, and (vi) monitor anticipated purchases and redemptions of the shares (including Creation Units) of the Renewal Funds by shareholders
and new investors; |
| |
|
| — |
each Renewal Fund’s investment strategies and, with respect to the Renewal Funds that invest
in unique types of investments, Global X Management’s experience in investing in such instruments and the additional services
required to implement such investments; and |
| |
|
| — |
the quality of Global X Management’s resources and personnel that would continue to be made
available to the Renewal Funds, including Global X Management’s experience and the professional qualifications of Global X
Management’s key personnel. |
Based on these considerations, the Board concluded
that it was satisfied with the nature, extent and quality of the services provided to the Renewal Funds by Global X Management.
Performance
The Board considered the performance
of each Renewal Fund. They examined the performance of the Renewal Funds for the one-year, three-year, five-year and
since-inception periods, as applicable. Also, the Board considered the total return and investments performance of the
Renewal Funds relative to (i) the performance of unaffiliated comparable ETFs and/or other registered funds, which
performance information is publicly available from such registered funds, as well as other third-party sources; and (ii) the
performance
290
Other Information (Form N-CSRS Item 11) (Unaudited)
(Continued)
of pertinent indexes. The Board considered instances
of underperformance and overperformance with respect to the competitor funds. Specifically, the Board considered:
| — |
the performance of each Renewal Fund in absolute terms and compared to its broad-based
and additional performance benchmark or underlying index (as applicable) for the one-, three-, and five-year or since-inception periods; |
| |
|
| — |
the tracking error of the Renewal Funds and the performance of each Renewal Fund compared against
its underlying index. For Renewal Funds that experienced significant tracking error, the Board considered Global X Management’s
explanation for such tracking error, including whether the Renewal Fund uses a replication strategy or a representative sampling
strategy to seek investment results that correspond to the underlying index, the frequency with which the Renewal Fund’s underlying
index is rebalanced, and whether the Renewal Fund participates in a securities lending program; and. |
| |
|
| — |
the impact of prevailing market conditions on the performance of each Renewal Fund in light of the
Renewal Fund’s investment objective. |
With respect to the following Renewal Funds, the Board noted that:
| — |
the Global X Lithium & Battery Tech ETF had returned negative performance for the
one- and three-year periods ending September 30, 2024, but that the Renewal Fund’s performance was positive for the five-year
period and that for each of those periods, the Renewal Fund’s performance was in line with that of its underlying index; |
| |
|
| — |
the Global X SuperDividend ETF had returned negative performance for the three-and five-year periods
ending September 30, 2024, but that the Renewal Fund outperformed its underlying index during those periods, and that the Renewal
Fund’s performance was positive for the one-year period; |
| |
|
| — |
the Global X Social Media ETF had returned negative performance for the three-year period ending
September 30, 2024, but that the Renewal Fund’s performance was positive for the one- and five-year periods and that for each
of those periods, the Renewal Fund’s performance was in line with that of its underlying index; |
| |
|
| — |
the Global X Guru Index ETF had returned negative performance for the three-year period ending September
30, 2024, but that the Renewal Fund’s performance was positive for the one- and five-year periods and that for each of those
periods, the Renewal Fund’s performance was in line with that of its underlying index; |
| |
|
| — |
the Global X SuperIncome Preferred ETF had returned negative performance for the three-year period
ending September 30, 2024, but that the Renewal Fund’s performance was positive for the one- and five-year periods and that
for each of those |
291
Other Information (Form N-CSRS Item 11)
(Unaudited) (Continued)
periods, the Renewal Fund’s performance
was in line with that of its underlying index;
| — |
the Global X MSCI SuperDividend Emerging Markets ETF had
returned negative performance for the three-year period ending September 30, 2024, but that the Renewal Fund’s performance
was positive for the one- and five-year periods; |
| |
|
| — |
the Global X SuperDividend REIT ETF had returned negative performance
for the three- and five-year periods ending September 30, 2024, but that the Renewal Fund’s performance was positive
for the one-year period and that for each of those periods, the Renewal Fund’s performance was in line with that of
its underlying index; |
| |
|
| — |
the Global X Renewable Energy Producers ETF had returned negative
performance for the three- and five-year periods ending September 30, 2024, but that the Renewal Fund’s performance
was positive for the one-year period and that for each of those periods, the Renewal Fund’s performance was in line
with that of its underlying index; |
| |
|
| — |
the Global X E-commerce ETF had returned negative performance for
the three-year period ending September 30, 2024, but that the Renewal Fund’s performance was positive for the one- and
five-year periods and that for each of those periods, the Renewal Fund’s performance was in line with its underlying
index; |
| |
|
| — |
the Global X Disruptive Materials ETF had returned negative performance
for the since-inception period ending September 30, 2024, but that the Renewal Fund’s performance was positive for the
one-year period and that for each of those periods, the Renewal Fund’s performance was in line with that of its underlying
index; and |
| |
|
| — |
the Global X U.S. Electrification ETF had not yet commenced operations,
and therefore, meaningful data relating to the investment performance of that Renewal Fund was not available and could not
be a factor in approving its Renewal Fund Agreement. |
Based on these considerations and comparisons,
the Board concluded that the investment performance of the Renewal Funds did not adversely affect the Board’s approval of
the continuance of the Renewal Agreements.
Cost of Services and Profitability
The Board considered Global X Management’s
cost to provide investment management, supervision and administrative and related services to the Renewal Funds. In this regard,
the Board considered the management fee (“Management Fee”) that has been borne or is expected to be borne by the Renewal
Funds under the Renewal Agreements for the various investment advisory, supervisory and administrative services that the Renewal
Funds require under a unitary fee structure (including the types of fees and expenses that are not included within the unitary
fee and would be borne by the Renewal Funds). The Board also
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Other Information (Form N-CSRS Item 11)
(Unaudited) (Continued)
considered that, for certain Renewal Funds
that had invested in affiliated acquired funds, Global X Management bore the costs of such acquired fund fees and expenses.
In addition, the Board considered expected
profitability to Global X Management, as applicable, from all services provided or expected to be provided to the Renewal Funds
and all aspects of Global X Management’s relationship with the Renewal Funds. In connection with these considerations, Global
X Management provided the Board with financial information regarding its operations and the services provided to the Renewal Funds
and discussed with the Board its current and expected profitability, as applicable, with respect to the Renewal Funds.
Based on these considerations, the Board
concluded that the Management Fee rate paid by the Renewal Funds to Global X Management, in light of the nature, extent and quality
of the services provided, was reasonable and in the best interests of the Renewal Funds’ shareholders.
Comparison of Fees and Services
The Board considered fees charged to the
Renewal Funds for advisory services. With respect to this factor, the Board considered:
| — |
comparative information with respect to the Management
Fee paid to Global X Management by the Renewal Funds. In connection with this consideration, Global X Management provided
the Board with comparative expense data for the Renewal Funds, including fees and expenses paid by unaffiliated similar specialized
and/or focused ETFs and/or other comparable registered funds. |
| |
|
| — |
the structure of the unitary Management Fee (which includes as one
component the investment advisory fee for the Renewal Funds) and the current total expense ratios for the Renewal Funds. In
this regard, the Board took into consideration the competitive market of each Renewal Fund and that the purpose of adopting
a unitary Management Fee structure for the Renewal Funds was to create a simple, all-inclusive fee that would provide a level
of predictability with respect to the overall expense ratio (i.e., the total fees) of the Renewal Funds and that the proposed
Management Fee for each Renewal Fund was set at a competitive level to make the Renewal Funds viable in the marketplace; and |
| |
|
| — |
that, under the unified Management Fee structure, Global X Management
is responsible for most ordinary expenses of the Renewal Funds, including the costs of various third-party services required
by the Renewal Funds, including investment advisory, administrative, audit, certain custody, portfolio accounting, legal,
transfer agency and printing costs, but that the Renewal Funds would bear other expenses not covered under the proposed all-inclusive
Management Fee, such as taxes, brokerage fees, commissions, and other transaction expenses, interest expenses, and extraordinary
expenses. |
With respect to the following Renewal Funds, the Board noted
that:
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Other Information (Form N-CSRS Item 11)
(Unaudited) (Continued)
| — |
the Global X Lithium & Battery Tech ETF’s
Management Fee and total expenses were 22 basis points higher, respectively, than each of the peer group average and median,
and that Global X Management believed the fees and expenses were appropriate in light of the Renewal Fund’s exposure
and access to unique markets compared to the peer group; |
| |
|
| — |
the Global X SuperDividend ETF’s Management Fee was 9 basis
points higher than the peer group average and 10 basis points higher than the peer group median and its total expenses were
6 basis points higher than the peer group average and 5 basis points higher than the peer group median, and that Global X
Management had agreed to extend the expense limitation in place for the Renewal Fund and believed the fees and expenses were
within the range of the fees and expenses of the comparable funds; |
| |
|
| — |
the Global X Social Media ETF’s Management Fee was 4 basis points
higher than the peer group average and 2 basis points higher than the peer group median and its total expenses were 2 basis
points higher than the peer group average and 1 basis point lower than the peer group median, and that Global X Management
believed the fees and expenses were within the range of the fees and expenses of the comparable funds; |
| |
|
| — |
the Global X Guru Index ETF’s Management Fee was 21 basis points
higher than the peer group average and 27 basis points higher than the peer group median and its total expenses were 16 basis
points above the peer group average and 25 basis points above the peer group median, and that Global X Management believed
the fees and expenses were appropriate in light of the Renewal Fund’s differentiated approach and the index construction
of the underlying index, and that the fees and expenses were within the range of the comparable funds; |
| |
|
| — |
the Global X SuperDividend U.S. ETF’s Management Fee was 12
basis points higher than each of the peer group average and median and its total expenses were 5 basis points higher than
the peer group average and 8 basis points higher than the peer group median, and that Global X Management believed the fees
and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund and were within the range of
the fees and expenses of the comparable funds; |
| |
|
| — |
the Global X SuperDividend Emerging Markets ETF’s Management
Fee was 15 basis points above the peer group average and 10 basis points above the peer group median and its total expenses
were 18 basis points above the peer group average and 13 basis points above the peer group median, and that Global X Management
believed the fees and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund; |
| |
|
| — |
the Global X SuperDividend REIT ETF’s Management Fee was 20
basis points above the peer group average and 15 basis points above the peer group median and its total expenses were 19 basis
points above the peer group average and 15 basis points above the peer group median and that Global X Management believed
the fees and expenses |
294
Other Information (Form N-CSRS Item 11)
(Unaudited) (Continued)
were appropriate in light of the unique
methodology applied by the Renewal Fund;
| — |
the Global X Renewable Energy Producers ETF’s Management
Fee was 19 basis points above the peer group average and 20 basis points above the peer group median and its total expenses
were 12 basis points above the peer group average and 8 basis points above the peer group median, and that Global X Management
believed the fees and expenses were appropriate in light of the unique exposure of the Renewal Fund and were within the range
of the fees and expenses of the comparable funds; |
| |
|
| — |
the Global X MSCI SuperDividend EAFE ETF’s Management Fee was
19 basis points above the peer group average and 15 basis points above the peer group median and its total expenses were 20
basis points above the peer group average and 13 basis points above the peer group median, and that Global X Management believed
the fees and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund; |
| |
|
| — |
the Global X Disruptive Materials ETF’s Management Fee was 2
basis points above the peer group average and 5 basis points above the peer group median and its total expenses were equal
to the peer group average and median, and that Global X Management believed the fees and expenses were within the range of
the fees and expenses of the comparable funds; and |
| |
|
| — |
the Global X U.S. Electrification ETF’s Management Fee was 4
basis points above the peer group average and 5 basis points above the peer group median and its total expenses were 3 basis
points below the peer group average and 7 basis points below the peer group median, and that Global X Management believed
the fees and expenses were appropriate in light of the unique exposure of the Renewal Fund and were within the range of the
fees and expenses of the comparable funds. |
Based on these considerations, the Board
concluded that the services received and the fees charged under the Renewal Agreements were reasonable on a comparative basis.
Economies of Scale
The Board considered the existence of any
economies of scale and the extent to which economies of scale would be realized as the Renewal Funds grow and whether the unitary
Management Fee for the Renewal Funds reflected these economies of scale, including through the implementation of expense
limitations. With respect to this factor, the Board also considered:
| — |
the significant investment of time, personnel and other
resources that Global X Management has made and intends to continue to make in the Renewal Funds in order |
295
Other Information (Form N-CSRS Item 11)
(Unaudited) (Concluded)
to seek to assure that the Renewal Funds
are attractive to investors;
| — |
with respect to the Global X SuperDividend ETF, that Global
X Management had agreed to extend the expense limitation in place for the Renewal Fund; and |
| |
|
| — |
that the unitary Management Fee would provide a high level of certainty
as to the total level of expenses for the Renewal Funds and their shareholders. |
Based on these considerations, the Board
concluded that the unitary Management Fee for the Renewal Funds appropriately addressed economies of scale.
Other Benefits
In considering the Renewal Agreements, in
addition to the factors above, the Board considered any other benefits realized by Global X Management as a result of its relationships
with the Renewal Funds.
Conclusion
After full consideration of the factors
above, as well as other factors that were instructive in its consideration, the Board, including all of the Trust’s Independent
Trustees voting separately, concluded, in the exercise of its business judgement, that the Renewal Agreements were fair and reasonable
and in the best interest of each Renewal Fund.
In reaching this decision, the Board did
not assign relative weights to the factors above nor did the Board deem any one factor or group of them to be controlling in and
of themselves. Each member of the Board may have assigned different weights to the various factors.
296
Notes
297
Notes
298
Notes
299
605 3rd Avenue, 43rd Floor
New York, NY 10158
1-888-493-8631
www.globalxetfs.com
Investment Adviser and Administrator:
Global X Management Company LLC
605 3rd Avenue, 43rd Floor
New York, NY 10158
Distributor:
SEI Investments Distribution Co.
One Freedom Valley Drive
Oaks, PA 19456
Sub-Administrator:
SEI Investments Global Funds Services
One Freedom Valley Drive
Oaks, PA 19456
Counsel for Global X Funds and the Independent
Trustees:
Stradley Ronon Stevens & Young,
LLP
2000 K Street, N.W.
Suite 700
Washington, DC 20006
Custodians and Transfer Agents:
Brown Brothers Harriman & Co.
40 Water Street
Boston, MA 02109
The Bank of New York Mellon
240 Greenwich Street
New York, NY 10286
Independent Registered Public Accounting
Firm:
PricewaterhouseCoopers LLP
Two Commerce Square
Suite 1800
2001 Market Street
Philadelphia, PA 19103
This information must be preceded or accompanied
by a current prospectus for the Funds described.
GLX-SA-003-1400
Item 8. Changes in and Disagreements with Accountants for Open-End
Management Investment Companies.
Included under Item 7.
Item 9. Proxy Disclosures for Open-End Management Investment Companies.
Included under Item 7.
Item 10. Remuneration Paid to Directors, Officers, and Others of
Open-End Management Investment Companies.
Included under Item 7.
Item 11. Statement Regarding Basis for Approval of Investment Advisory
Contract.
Included under Item 7.
Item 12. Disclosure of Proxy Voting Policies and Procedures for
Closed-End Management Investment Companies.
Not applicable to open-end management investment companies.
Item 13. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to open-end management investment companies.
Item 14. Purchases of Equity Securities by Closed-End Management
Company and Affiliated Purchasers.
Not applicable to open-end management investment companies.
Item 15. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which shareholders
may recommend nominees to the registrant’s board of directors.
Item 16. Controls and Procedures.
(a) The certifying officers, whose certifications are included
herewith, have evaluated the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act) within
90 days of the filing date of this report. In their opinion, based on their evaluation, the registrant’s disclosure controls and
procedures are adequately designed, and are operating effectively to ensure, that information required to be disclosed by the registrant
in the reports it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commission’s rules and forms.
(b) There were no changes in the registrant’s internal control
over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have
materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 17. Disclosure of Securities Lending Activities for Closed-End
Management Investment Companies.
Not applicable.
Item 18. Recovery of Erroneously Awarded Compensation.
(a) Not applicable.
(b) Not applicable.
Item 19. Exhibits.
(a)(1) Not applicable.
(a)(2) Not applicable.
(a)(3) A separate certification for the principal executive officer and the principal financial officer of the registrant, as required by Rule 30a-2(a) under the Act (17 CFR § 270.30a-2(a)), are filed herewith.
(a)(4) Not applicable.
(a)(5) Not applicable.
(b) Officer certifications as required by Rule 30a-2(b) under the Investment Company Act of 1940, as amended, also accompany this filing as exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934
and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
| (Registrant) |
Global X Funds |
| |
|
| By (Signature and Title) |
/s/ Ryan
O’Connor |
| |
Ryan O’Connor
Principal Executive Officer |
Date: July 2, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934
and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in
the capacities and on the dates indicated.
| By (Signature and Title) |
/s/ Ryan O’Connor |
| |
Ryan O’Connor
Principal Executive Officer |
Date: July 2, 2025
| By (Signature and Title) |
/s/
Eric Olsen |
| |
Eric Olsen
Principal Financial Officer |
Date: July 2, 2025
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