Key stats
About Global X Funds Global X Adaptive U.S. Factor ETF
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Inception date
Aug 24, 2018
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
AUSFs portfolio rotates between three sub-portfolios with exposure to different investment factors: value, momentum, and low volatility. Each factor portfolio consists of 100 large- and mid-cap stocks, although fund documents do not describe how these portfolios are constructed. AUSF is premised on the theory that factor performance tends to mean-revert, so outperforming factors should be avoided. At each quarterly rebalance, the funds index ranks the total-return performance of each factor over the past 2 years. AUSF then holds the two weakest performing factor portfolios, equally weighted. If there is little difference (2% or less) between the two best performing factors, the fund will hold all three factor portfolios, giving 20% weight to the best performer and 40% each to the other two.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.95%
Finance26.13%
Electronic Technology9.01%
Health Technology7.43%
Communications6.94%
Technology Services6.53%
Consumer Non-Durables6.53%
Retail Trade6.20%
Industrial Services6.16%
Process Industries5.92%
Consumer Services4.25%
Distribution Services3.75%
Consumer Durables2.91%
Commercial Services2.22%
Energy Minerals1.73%
Health Services1.56%
Utilities1.10%
Producer Manufacturing1.10%
Non-Energy Minerals0.49%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America97.16%
Europe2.84%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history