Global X Social Media ETF (ticker: SOCL)

Global X Lithium & Battery Tech ETF (ticker: LIT)

Global X Disruptive Materials ETF (ticker: DMAT)

Global X E-commerce ETF (ticker: EBIZ)

Global X Emerging Markets Internet & E-commerce ETF (ticker: EWEB)

Global X SuperDividend^® ETF (ticker: SDIV)

Global X SuperDividend^® U.S. ETF (ticker: DIV)

Global X MSCI SuperDividend^® EAFE ETF (ticker: EFAS)

Global X MSCI SuperDividend^® Emerging Markets ETF (ticker: SDEM)

Global X SuperDividend^® REIT ETF (ticker: SRET)

Global X NASDAQ 100^® Covered Call ETF (ticker: QYLD)

Global X S&P 500^® Covered Call ETF (ticker: XYLD)

Global X Russell 2000 Covered Call ETF (ticker: RYLD)

Global X Dow 30^® Covered Call ETF (ticker: DJIA)

Global X Nasdaq 100^® Covered Call & Growth ETF (ticker: QYLG)

Global X S&P 500^® Covered Call & Growth ETF (ticker: XYLG)

Global X SuperIncome™ Preferred ETF (ticker: SPFF)

Global X Renewable Energy Producers ETF (ticker: RNRG)

Global X S&P 500^® Catholic Values ETF (ticker: CATH)

Global X S&P Catholic Values Developed ex-U.S. ETF (ticker: CEFA)

Global X Guru^® Index ETF (ticker: GURU)

Global X S&P 500^® Tail Risk ETF (ticker: XTR)

Global X S&P 500^® Risk Managed Income ETF (ticker: XRMI)

Global X S&P 500^® Collar 95-110 ETF (ticker: XCLR)

Global X NASDAQ 100^® Tail Risk ETF (ticker: QTR)

Global X NASDAQ 100^® Risk Managed Income ETF (ticker: QRMI)

Global X NASDAQ 100^® Collar 95-110 ETF (ticker: QCLR)

Semi-Annual Report

April 30, 2022

As permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ (defined below) shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from your financial intermediary (such as a broker-dealer or bank). Instead, shareholder reports will be available on the Funds’ website (www. globalxetfs.com/explore), and you will be notified by mail each time a report is posted and provided with a website link to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Funds electronically anytime by contacting your financial intermediary.

You may elect to receive all future Fund shareholder reports in paper free of charge. Please contact your financial intermediary to inform them that you wish to continue receiving paper copies of Fund shareholder reports and for details about whether your election to receive reports in paper will apply to all funds held with your financial intermediary.

Table of Contents

Schedules of Investments
Global X Social Media ETF	1
Global X Lithium & Battery Tech ETF	6
Global X Disruptive Materials ETF	11
Global X E-commerce ETF	16
Global X Emerging Markets Internet & E-commerce ETF	21
Global X SuperDividend^® ETF	24
Global X SuperDividend^® U.S. ETF	34
Global X MSCI SuperDividend^® EAFE ETF	39
Global X MSCI SuperDividend^® Emerging Markets ETF	45
Global X SuperDividend^® REIT ETF	51
Global X NASDAQ 100^® Covered Call ETF	54
Global X S&P 500^® Covered Call ETF	60
Global X Russell 2000 Covered Call ETF	79
Global X Dow 30^® Covered Call ETF	148
Global X Nasdaq 100^® Covered Call & Growth ETF	152
Global X Global X S&P 500^® Covered Call & Growth ETF	158
Global X SuperIncome™ Preferred ETF	177
Global X Renewable Energy Producers ETF	182
Global X S&P 500^® Catholic Values ETF	188
Global X Guru^® Index ETF	231
Global X S&P 500^® Tail Risk ETF	237
Global X S&P 500^® Risk Managed Income ETF	256
Global X S&P 500^® Collar 95-110 ETF	275
Global X Nasdaq 100^® Tail Risk ETF	294
Global X Nasdaq 100^® Risk Managed Income ETF	300
Global X Nasdaq 100^® Collar 95-110 ETF	307
Statements of Assets and Liabilities	314
Statements of Operations	321
Statements of Changes in Net Assets	328
Financial Highlights	343
Notes To Financial Statements	361
Disclosure of Fund Expenses	390
Approval of Investment Advisory Agreegment	394
Supplemental Information	403

Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation/redemption units. Brokerage commissions will reduce returns.

The Funds file their complete schedules of Fund holdings with the Securities and Exchange Commission (the “SEC” or “Commission”) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Funds’ Forms N-PORT are available on the Commission’s website at https://www.sec.gov/, and may be reviewed and copied at the Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

A description of the policies and procedures that the Global X Funds use to determine how to vote proxies relating to Fund securities, as well as information relating to how the Funds voted proxies relating to Fund securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-888-493-8631; and (ii) on the Commission’s website at https://www.sec.gov/.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Social Media ETF

	Shares		Value
COMMON STOCK — 99.4%
CHINA — 27.1%
Communication Services — 27.1%
Baidu ADR ^*		83,215	$	10,332,807
Bilibili ADR ^{* (A)}		191,039		4,649,889
Hello Group ADR ^*		119,731		636,969
HUYA ADR ^*		20,154		83,236
JOYY ADR		29,316		1,160,034
Kuaishou Technology, Cl B ^*		393,388		3,346,692
Meitu ^*		1,809,800		219,128
NetEase ADR		117,123		11,165,336
Tencent Holdings		495,327		23,825,240
Tencent Music Entertainment Group ADR ^*		455,453		1,935,675
Weibo ADR ^*		66,333		1,534,946


TOTAL CHINA				58,889,952
GERMANY — 1.1%
Communication Services — 1.1%
United Internet		72,105		2,337,550


JAPAN — 5.7%
Communication Services — 5.7%
Coconala ^*		10,600		66,107
DeNA		64,443		937,099

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Social Media ETF

	Shares		Value
COMMON STOCK — continued
giftee ^*(A)		13,875	$	111,912
Gree ^(A)		38,574		296,838
Kakaku.com		102,844		2,177,378
Mixi		29,982		519,293
Nexon		360,621		8,272,350


TOTAL JAPAN				12,380,977
RUSSIA — 0.0%
Communication Services — 0.0%
VK GDR ^*(B)(C)(D)		2,524		1,422


SOUTH KOREA — 12.4%
Communication Services — 12.4%
AfreecaTV		5,760		504,459
Com2uSCorp		6,482		494,407
Kakao		143,642		10,281,382
NAVER		68,689		15,668,311


TOTAL SOUTH KOREA				26,948,559
TAIWAN — 0.1%
Consumer Discretionary — 0.1%
PChome Online		79,444		209,691


UNITED ARAB EMIRATES — 0.1%
Communication Services — 0.1%
Yalla Group ADR ^{* (A)}		70,467		288,210


UNITED STATES — 52.9%
Communication Services — 51.0%
Alphabet, Cl A ^*		4,314		9,845,368
Angi, Cl A ^*		59,084		260,561
Bumble, Cl A ^*		68,982		1,654,878
IAC ^*		62,980		5,219,782
Match Group ^*		143,461		11,354,938
Meta Platforms, Cl A ^*		109,800		22,011,606
Nextdoor Holdings ^*		47,386		213,711

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Social Media ETF

	Shares		Value
COMMON STOCK — continued
Pinterest, Cl A ^*		461,493	$	9,469,836
Snap, Cl A ^*		538,560		15,327,418
Spotify Technology ^*		79,273		8,058,101
Twitter ^*		353,693		17,338,031
Vimeo ^*		105,139		1,071,366
Yelp, Cl A ^*		52,821		1,718,267
Zynga, Cl A ^*		870,690		7,200,606
				110,744,469


Consumer Discretionary — 0.6%
Fiverr International ^*		20,320		1,082,040
Groupon, Cl A ^{* (A)}		16,818		328,119
				1,410,159


Information Technology — 1.3%
Life360, Cl CDI ^*		77,257		221,258
Sprinklr, Cl A ^*		50,361		687,427
Sprout Social, Cl A ^*		30,474		1,867,447
				2,776,132


TOTAL UNITED STATES				114,930,760
TOTAL COMMON STOCK
(Cost $325,167,013)				215,987,121

SHORT-TERM INVESTMENT^(E)(F) — 1.2%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $2,579,952)		2,579,952		2,579,952

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Social Media ETF

	Face Amount		Value

REPURCHASE AGREEMENT^(E) — 0.9%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $1,849,969 (collateralized by various U.S. Treasury Obligations, ranging in par value $147,326 - $198,090, 0.250%, 09/30/2025, with a total market value of $1,885,773)
(Cost $1,849,932)	$	1,849,932	$	1,849,932
TOTAL INVESTMENTS — 101.5%
(Cost $329,596,897)			$	220,417,005

Percentages are based on Net Assets of $217,091,641.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $4,637,347.
(B)	Security considered illiquid. The total value of such securities as of April 30, 2022 was $1,422 and represented 0.0% of Net Assets.
(C)	Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2022, was $1,422 and represents 0.0% of Net Assets.
(D)	Level 3 security in accordance with fair value hierarchy.
(E)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $4,429,884.
(F)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

ADR — American Depositary Receipt

Cl — Class

GDR — Global Depositary Receipt

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Social Media ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾		Total
Common Stock	$	203,604,722	$	12,380,977	$	1,422	$	215,987,121
Short-Term Investment		2,579,952		—		—		2,579,952
Repurchase Agreement		—		1,849,932		—		1,849,932
Total Investments in Securities	$	206,184,674	$	14,230,909	$	1,422	$	220,417,005

(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 beginning and/or end of the year 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.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — 100.0%
AUSTRALIA — 8.9%
Materials — 8.9%
Allkem ^*		12,424,112	$	108,157,830
ioneer ^*		35,081,756		16,828,353
Mineral Resources		3,491,208		145,239,572
Pilbara Minerals ^*		47,156,428		95,508,556
Vulcan Energy Resources ^{* (A)}		2,010,283		12,114,614


TOTAL AUSTRALIA				377,848,925
CANADA — 1.5%
Materials — 1.5%
Lithium Americas ^{* (A)}		1,779,199		45,076,846
Standard Lithium ^{* (A)}		2,905,322		18,731,547


TOTAL CANADA				63,808,393
CHILE — 5.3%
Materials — 5.3%
Sociedad Quimica y Minera de Chile ADR		3,048,409		224,972,584


CHINA — 37.1%
Consumer Discretionary — 5.4%
BYD, Cl H		7,332,976		220,377,604

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Tianneng Power International ^(A)		13,892,600	$	11,668,428
				232,046,032


Industrials — 13.0%
Contemporary Amperex Technology, Cl A ^*		2,908,205		179,242,320
Eve Energy, Cl A		15,295,797		151,698,232
Shenzhen Yinghe Technology, Cl A		6,718,410		18,126,972
Sunwoda Electronic, Cl A		22,113,683		74,081,853
Wuxi Lead Intelligent Equipment, Cl A		19,714,037		131,403,168
				554,552,545


Information Technology — 3.3%
NAURA Technology Group, Cl A		3,852,937		138,647,025


Materials — 15.4%
Beijing Easpring Material Technology, Cl A		7,086,191		71,462,588
Ganfeng Lithium, Cl A		10,226,134		170,397,074
Guangzhou Tinci Materials Technology, Cl A		9,835,781		110,950,015
Shanghai Putailai New Energy Technology, Cl A		4,034,599		72,130,371
Shenzhen Capchem Technology, Cl A		4,855,346		48,877,311
Yunnan Energy New Material, Cl A		5,940,576		181,525,799
				655,343,158


TOTAL CHINA				1,580,588,760
GERMANY — 0.9%
Industrials — 0.9%
Varta ^(A)		382,588		36,236,300


HONG KONG — 0.0%
Industrials — 0.0%
Honbridge Holdings ^*		10,969,900		331,356


JAPAN — 10.8%
Consumer Discretionary — 4.4%
Panasonic Holdings		20,895,524		187,166,221

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.7%
GS Yuasa		1,591,383	$	27,845,518


Information Technology — 5.7%
TDK		7,778,159		244,043,040


TOTAL JAPAN				459,054,779
NETHERLANDS — 0.6%
Materials — 0.6%
AMG Advanced Metallurgical Group		603,888		23,915,726


NORWAY — 0.5%
Industrials — 0.5%
FREYR Battery ^{* (A)}		2,260,204		20,296,632


SOUTH KOREA — 10.9%
Information Technology — 7.4%
Iljin Materials		398,081		27,891,026
L&F ^{* (A)}		457,620		79,901,326
Samsung SDI		427,410		207,919,992
				315,712,344


Materials — 3.5%
LG Chemical		363,954		150,391,820


TOTAL SOUTH KOREA				466,104,164
TAIWAN — 0.8%
Information Technology — 0.8%
Simplo Technology		3,370,780		33,335,562


UNITED STATES — 22.7%
Consumer Discretionary — 7.5%
QuantumScape, Cl A ^{* (A)}		3,663,783		54,736,918
Tesla ^*		305,322		265,862,185
				320,599,103


Industrials — 1.7%
EnerSys		885,786		57,983,552

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Lithium & Battery Tech ETF

	Shares/Face Amount		Value
COMMON STOCK — continued
Industrials — continued
Microvast Holdings ^{* (A)}		3,134,842	$	15,548,816
				73,532,368


Materials — 13.5%
Albemarle		2,492,569		480,642,080
Livent ^*		3,415,275		72,950,274
Piedmont Lithium ^{* (A)}		31,034,914		20,731,700
				574,324,054


TOTAL UNITED STATES				968,455,525
TOTAL COMMON STOCK
(Cost $4,084,949,781)				4,254,948,706

SHORT-TERM INVESTMENT^(B)(C) — 2.4%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $101,477,470)		101,477,470		101,477,470

REPURCHASE AGREEMENT^(B) — 1.7%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $73,688,601 (collateralized by various U.S. Treasury Obligations, ranging in par value $5,868,344 - $7,890,395, 0.250%, 09/30/2025, with a total market value of $75,114,803)
(Cost $73,687,127)	$	73,687,127		73,687,127
TOTAL INVESTMENTS — 104.1%
(Cost $4,260,114,378)			$	4,430,113,303

Percentages are based on Net Assets of $4,257,464,572.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Lithium & Battery Tech ETF

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $166,654,568.
(B)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $175,164,597.
(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

ADR — American Depositary Receipt

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	3,795,893,927	$	459,054,779	$	—	$	4,254,948,706
Short-Term Investment		101,477,470		—		—		101,477,470
Repurchase Agreement		—		73,687,127		—		73,687,127
Total Investments in Securities	$	3,897,371,397	$	532,741,906	$	—	$	4,430,113,303

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — 99.8%
AUSTRALIA — 11.2%
Materials — 11.2%
Allkem ^*		17,612	$	153,321
IGO		19,237		180,044
Lynas Rare Earths ^*		27,020		175,889
Syrah Resources ^*		18,266		25,637
Western Areas ^*		7,454		20,341


TOTAL AUSTRALIA				555,232
CANADA — 2.5%
Materials — 2.5%
HudBay Minerals		6,532		42,063
Lithium Americas ^*		3,184		80,668


TOTAL CANADA				122,731
CHILE — 7.5%
Materials — 7.5%
Antofagasta		10,180		198,232
Lundin Mining		19,190		176,127


TOTAL CHILE				374,359
CHINA — 24.8%
Industrials — 1.4%
Fangda Carbon New Material, Cl A ^*		67,200		71,634


Materials — 23.4%
Beijing Easpring Material Technology, Cl A		9,500		95,805

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
China Minmetals Rare Earth, Cl A ^*		12,100	$	42,120
China Nonferrous Mining		36,200		18,732
China Northern Rare Earth Group High-Tech, Cl A		35,100		167,422
Ganfeng Lithium, Cl H		8,730		106,592
MMG ^*		84,800		36,639
Nanjing Hanrui Cobalt, Cl A		6,000		46,253
Shenghe Resources Holding, Cl A		32,000		75,884
Sinofibers Technology, Cl A		8,700		60,976
South Manganese Investment ^*		144,000		15,784
Tongling Nonferrous Metals Group, Cl A		179,200		94,434
Weihai Guangwei Composites, Cl A		8,300		62,247
Western Mining, Cl A		46,800		84,345
Yunnan Tin, Cl A		26,100		70,420
Zhejiang Huayou Cobalt, Cl A		15,000		185,894
				1,163,547


TOTAL CHINA				1,235,181
FRANCE — 0.7%
Materials — 0.7%
Eramet		261		35,271


GERMANY — 0.3%
Industrials — 0.3%
SGL Carbon ^*		2,609		14,477


INDONESIA — 0.7%
Materials — 0.7%
Nickel Mines		38,054		35,562


JAPAN — 5.5%
Industrials — 0.3%
Nippon Carbon		480		15,431

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
Materials — 5.2%
Nippon Denko		5,710	$	14,015
Sumitomo Metal Mining		4,542		198,809
Tokai Carbon		5,485		45,553
				258,377

TOTAL JAPAN				273,808

NETHERLANDS — 0.7%
Materials — 0.7%
AMG Advanced Metallurgical Group		912		36,118


PERU — 3.2%
Materials — 3.2%
Southern Copper		2,562		159,536


SOUTH AFRICA — 18.9%
Materials — 18.9%
African Rainbow Minerals		3,187		52,771
Anglo American		4,712		212,144
Anglo American Platinum		1,627		180,502
Impala Platinum Holdings		14,310		186,572
Northam Platinum Holdings ^*		10,549		126,031
Sibanye Stillwater		52,217		184,189
				942,209

TOTAL SOUTH AFRICA				942,209
SWEDEN — 4.4%
Materials — 4.4%
Boliden		4,903		215,878


TAIWAN — 0.3%
Information Technology — 0.3%
Acme Electronics ^*		12,000		12,336

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Materials — 0.3%
Jubilee Metals Group ^*		87,630	$	16,668


UNITED STATES — 14.7%
Industrials — 1.3%
GrafTech International		5,992		54,407
KULR Technology Group ^*		6,923		11,077
				65,484


Materials — 13.4%
Albemarle		1,153		222,333
Freeport-McMoRan		4,754		192,775
Livent ^*		4,843		103,446
MP Materials ^*		3,923		149,231
				667,785


TOTAL UNITED STATES				733,269
ZAMBIA — 4.1%
Materials — 4.1%
First Quantum Minerals		7,015		202,154


TOTAL COMMON STOCK
(Cost $5,562,067)				4,964,789
TOTAL INVESTMENTS — 99.8%
(Cost $5,562,067)			$	4,964,789

Percentages are based on Net Assets of $4,976,773.

*	Non-income producing security.

Cl — Class

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Disruptive Materials ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	4,690,981	$	273,808	$	—	$	4,964,789
Total Investments in Securities	$	4,690,981	$	273,808	$	—	$	4,964,789

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — 99.9%
AUSTRALIA — 0.4%
Consumer Discretionary — 0.4%
Temple & Webster Group ^{* (A)}		91,264	$	382,655


BRAZIL — 4.8%
Communication Services — 0.4%
VTEX, Cl A ^{* (A)}		58,279		308,296


Consumer Discretionary — 4.4%
MercadoLibre ^*		3,695		3,597,563


TOTAL BRAZIL				3,905,859
CANADA — 2.0%
Information Technology — 2.0%
Shopify, Cl A ^*		3,821		1,630,879


CHINA — 27.0%
Communication Services — 4.9%
NetEase ADR		42,208		4,023,689

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — 21.6%
Alibaba Group Holding ADR ^*		32,460	$	3,151,541
Baozun ADR ^*		67,800		517,992
JD.com ADR ^*		58,544		3,609,823
Pinduoduo ADR ^*		74,078		3,192,021
Trip.com Group ADR ^*		179,910		4,254,872
Uxin ADR ^{* (A)}		359,169		284,175
Vipshop Holdings ADR ^*		344,479		2,638,709
				17,649,133


Financials — 0.5%
LexinFintech Holdings ADR ^*		151,635		388,185


TOTAL CHINA				22,061,007
GERMANY — 0.8%
Consumer Discretionary — 0.8%
Jumia Technologies ADR ^{* (A)}		89,834		635,126


JAPAN — 3.8%
Consumer Discretionary — 3.8%
Rakuten Group		439,860		3,116,637


SOUTH KOREA — 0.3%
Information Technology — 0.3%
Cafe24 ^*		15,778		238,052


UNITED KINGDOM — 4.7%
Consumer Discretionary — 1.7%
ASOS ^*		79,344		1,392,629


Consumer Staples — 3.0%
Ocado Group ^*		213,762		2,479,800


TOTAL UNITED KINGDOM				3,872,429
UNITED STATES — 56.1%
Communication Services — 3.9%
Angi, Cl A ^*		85,519		377,139

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
TripAdvisor ^*		109,060	$	2,799,570
				3,176,709


Consumer Discretionary — 37.0%
1847 Goedeker ^{* (A)}		149,056		189,301
Amazon.com ^*		1,354		3,365,543
Booking Holdings ^*		1,837		4,060,339
eBay		69,564		3,611,763
Etsy ^*		25,078		2,337,019
Expedia Group ^*		24,641		4,306,015
Groupon, Cl A ^{* (A)}		26,275		512,625
Lands’ End ^*		17,371		243,541
Overstock.com ^*		48,529		1,628,633
PetMed Express ^(A)		22,106		484,121
Qurate Retail, Cl A ^*		404,600		1,703,366
Shutterstock		27,205		2,059,963
Wayfair, Cl A ^{* (A)}		25,319		1,948,044
Williams-Sonoma		29,499		3,849,030
				30,299,303


Financials — 1.5%
eHealth ^*		28,078		226,028
LendingTree ^*		12,959		1,029,204
				1,255,232


Industrials — 4.7%
CoStar Group ^*		59,774		3,802,822


Information Technology — 9.0%
BigCommerce Holdings ^*		59,519		1,063,605
GoDaddy, Cl A ^*		56,189		4,540,633
LivePerson ^*		76,978		1,741,242
				7,345,480


TOTAL UNITED STATES				45,879,546

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X E-commerce ETF

	Shares/Face Amount		Value
COMMON STOCK — continued
TOTAL COMMON STOCK
(Cost $153,515,897)			$	81,722,190

PREFERRED STOCK — 0.0%
UNITED STATES— 0.0%
Consumer Discretionary — 0.0%
Overstock.com, Ser A1, 1.020%
(Cost $3,867)		366		10,138

SHORT-TERM INVESTMENT^(B)(C) — 1.9%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $1,533,647)		1,533,647		1,533,647

REPURCHASE AGREEMENT^(B) — 1.3%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $1,099,710 (collateralized by various U.S. Treasury Obligations, ranging in par value $87,578 - $117,754, 0.250%, 09/30/2025, with a total market value of $1,120,993)
(Cost $1,099,688)	$	1,099,688		1,099,688
TOTAL INVESTMENTS — 103.1%
(Cost $156,153,099)			$	84,365,663

Percentages are based on Net Assets of $81,790,621.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $2,053,386.
(B)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $2,633,335.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X E-commerce ETF

(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

ADR — American Depositary Receipt

Cl — Class

Ser — Series

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	78,605,553	$	3,116,637	$	—	$	81,722,190
Preferred Stock		10,138		—		—		10,138
Short-Term Investment		1,533,647		—		—		1,533,647
Repurchase Agreement		—		1,099,688		—		1,099,688
Total Investments in Securities	$	80,149,338	$	4,216,325	$	—	$	84,365,663

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Emerging Markets Internet & E-commerce ETF

	Shares		Value
COMMON STOCK — 99.9%
BRAZIL — 9.3%
Consumer Discretionary — 5.7%
Americanas		3,669	$	17,781
Magazine Luiza		27,649		27,246
MercadoLibre ^*		108		105,152
				150,179


Financials — 0.6%
XP, Cl A ^*		653		16,070


Information Technology — 3.0%
Pagseguro Digital, Cl A ^*		2,368		34,833
StoneCo, Cl A ^*		1,799		16,947
TOTVS ^*		3,897		25,158
				76,938


TOTAL BRAZIL				243,187
CHILE — 1.0%
Consumer Discretionary — 1.0%
Falabella		9,617		27,001


CHINA — 71.9%
Communication Services — 31.5%
Autohome ADR		906		26,337
Baidu ADR ^*		795		98,715
Bilibili ADR ^*		3,088		75,162
China Literature ^*		3,740		16,064
Hello Group ADR ^*		1,549		8,241

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Emerging Markets Internet & E-commerce ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
HUYA ADR ^*		1,602	$	6,616
iQIYI ADR ^*		5,446		19,388
Kingsoft		7,650		23,497
NetEase ADR		2,542		242,329
Tencent Holdings		4,480		215,488
Tencent Music Entertainment Group ADR ^*		12,313		52,330
Weibo ADR ^*		1,911		44,221
				828,388


Consumer Discretionary — 37.1%
Alibaba Group Holding ADR ^*		2,304		223,695
Alibaba Health Information Technology ^*		34,800		20,181
JD.com ADR ^*		3,384		208,657
Meituan, Cl B ^*		10,970		240,480
Pinduoduo ADR ^*		2,338		100,744
Ping An Healthcare and Technology ^*		4,130		10,370
Tongcheng Travel Holdings ^*		9,050		16,287
Trip.com Group ADR ^*		4,696		111,060
Vipshop Holdings ADR ^*		5,676		43,478
				974,952


Information Technology — 3.3%
Kingdee International Software Group ^*		18,250		37,960
TravelSky Technology, Cl H		24,250		36,903
Weimob ^*		17,350		10,614
				85,477


TOTAL CHINA				1,888,817
SOUTH AFRICA — 4.4%
Communication Services — 0.6%
MultiChoice Group		1,951		15,950

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Emerging Markets Internet & E-commerce ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — 3.8%
Naspers, Cl N		972	$	98,805


TOTAL SOUTH AFRICA				114,755
SOUTH KOREA — 12.1%
Communication Services — 9.9%
Kakao		1,549		110,872
NAVER		458		104,472
NCSoft		131		43,962
				259,306


Consumer Discretionary — 2.2%
Coupang, Cl A ^*		4,546		58,507


TOTAL SOUTH KOREA				317,813
URUGUAY — 1.2%
Information Technology — 1.2%
Dlocal, Cl A ^*		1,412		32,010


TOTAL COMMON STOCK
(Cost $5,010,288)				2,623,583
TOTAL INVESTMENTS — 99.9%
(Cost $5,010,288)			$	2,623,583

Percentages are based on Net Assets of $2,627,129.

*	Non-income producing security.

ADR — American Depositary Receipt

Cl — Class

As of April 30, 2022, 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.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — 92.9%
AUSTRALIA — 2.3%
Financials — 2.3%
Magellan Financial Group ^(A)		923,253	$	10,701,169
Platinum Asset Management		5,940,618		7,936,810


TOTAL AUSTRALIA				18,637,979
BRAZIL — 8.1%
Consumer Staples — 1.1%
Marfrig Global Foods		2,344,033		8,874,968


Financials — 1.1%
Banco Santander Brasil		1,407,129		9,021,515

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Health Care — 1.1%
Qualicorp Consultoria e Corretora de Seguros		3,220,840	$	8,630,618


Materials — 2.2%
Dexco		3,529,282		9,172,057
Vale ADR, Cl B		524,485		8,858,551
				18,030,608


Utilities — 2.6%
CPFL Energia		1,537,507		11,223,472
Transmissora Alianca de Energia Eletrica		1,168,179		10,374,483
				21,597,955


TOTAL BRAZIL				66,155,664
CANADA — 1.0%
Materials — 1.0%
Labrador Iron Ore Royalty ^(A)		291,327		7,923,420


CHILE — 1.0%
Utilities — 1.0%
Colbun		116,605,843		8,328,696


CHINA — 30.3%
Energy — 1.5%
China Shenhua Energy, Cl H		3,640,000		11,737,222


Financials — 2.4%
China Everbright Bank, Cl H		25,899,200		9,440,517
Chongqing Rural Commercial Bank, Cl H		26,182,700		10,211,258
				19,651,775


Industrials — 2.6%
Lonking Holdings		35,158,900		9,768,664
Sinopec Engineering Group, Cl H		22,170,200		11,613,278
				21,381,942


Materials — 1.2%
China Resources Cement Holdings		11,977,200		9,998,618

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — 22.6%
Agile Group Holdings ^(A)		21,510,800	$	10,417,981
China Aoyuan Group ^(A)(B)(C)(D)		74,177,600		10,040,161
China Evergrande Group ^(A)(B)(C)(D)		52,571,300		9,949,897
China Jinmao Holdings Group		36,580,700		12,168,468
China Overseas Grand Oceans Group		18,240,300		10,786,818
China SCE Group Holdings		58,510,200		10,589,204
Gemdale Properties & Investment		104,502,300		11,187,899
Guangzhou R&F Properties, Cl H ^(A)		26,022,500		9,783,955
KWG Group Holdings		27,696,400		10,095,614
Logan Group ^(A)		49,794,900		15,739,102
Midea Real Estate Holding		6,385,100		12,255,642
Powerlong Real Estate Holdings		25,954,100		8,931,268
Shenzhen Investment		45,422,100		9,841,460
Shimao Group Holdings ^(A)(B)(C)(D)		19,468,500		9,870,534
Times China Holdings		36,955,480		13,188,040
Yuexiu Property		9,923,460		10,396,289
Zhongliang Holdings Group ^(A)		32,591,300		10,426,026
				185,668,358


TOTAL CHINA				248,437,915
EGYPT — 1.0%
Consumer Staples — 1.0%
Eastern SAE		13,673,187		7,964,317


HONG KONG — 5.6%
Communication Services — 2.4%
HKBN		8,265,000		9,659,521
PCCW		17,332,000		9,874,147
				19,533,668


Consumer Discretionary — 1.1%
Pacific Textiles Holdings		21,255,200		9,400,221

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Financials — 0.9%
Haitong International Securities Group		45,497,900	$	7,248,444


Information Technology — 1.2%
VTech Holdings		1,357,100		9,642,732


TOTAL HONG KONG				45,825,065
ISRAEL — 1.1%
Consumer Discretionary — 1.1%
Delek Automotive Systems		652,825		9,279,881


KAZAKHSTAN — 1.2%
Financials — 1.2%
Halyk Savings Bank of Kazakhstan JSC GDR		993,813		9,838,749


KUWAIT — 1.1%
Consumer Discretionary — 1.1%
Humansoft Holding KSC		791,196		8,716,194


MALAYSIA — 1.0%
Health Care — 1.0%
Hartalega Holdings		8,502,836		8,593,655


MEXICO — 0.9%
Consumer Discretionary — 0.9%
Betterware de Mexico ^(A)		481,565		7,676,146


NIGERIA — 0.9%
Financials — 0.9%
Zenith Bank		131,231,060		7,747,376


NORWAY — 1.3%
Industrials — 1.3%
Golden Ocean Group		839,221		10,515,439


PAKISTAN — 1.0%
Financials — 1.0%
United Bank		11,414,213		8,442,523

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
RUSSIA — 0.2%
Consumer Staples — 0.1%
Magnit PJSC GDR ^(B)(C)(D)		33,120	$	42,952
X5 Retail Group GDR ^(B)(C)(D)		411,120		636,489
				679,441

Materials — 0.1%
Magnitogorsk Iron & Steel Works PJSC ^(B)(C)(D)(E)		6,332,020		401,691
PhosAgro PJSC GDR ^(B)(C)(D)		22,480		75,192
Severstal PJSC ^*(B)(C)(D)		311,297		481,285
				958,168


Utilities — 0.0%
Unipro PJSC ^(B)(C)(D)		209,276,262		424,610


TOTAL RUSSIA				2,062,219
SINGAPORE — 2.3%
Energy — 1.2%
BW LPG		1,530,539		9,815,834


Health Care — 1.1%
Riverstone Holdings		13,303,517		9,296,758


TOTAL SINGAPORE				19,112,592
SOUTH AFRICA — 3.4%
Energy — 1.2%
Exxaro Resources ^(A)		678,544		9,717,235


Financials — 1.0%
Coronation Fund Managers		3,247,705		8,587,309


Real Estate — 1.2%
Redefine Properties ^‡		34,402,488		9,527,094


TOTAL SOUTH AFRICA				27,831,638

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
TURKEY — 1.1%
Materials — 1.1%
Iskenderun Demir ve Celik		4,810,576	$	8,878,971


UKRAINE — 1.2%
Materials — 1.2%
Ferrexpo		4,850,566		10,066,523


UNITED KINGDOM — 3.5%
Consumer Staples — 1.2%
Imperial Brands		462,853		9,681,269


Financials — 2.3%
CMC Markets		2,883,484		10,498,561
M&G		3,155,523		8,486,039
				18,984,600


TOTAL UNITED KINGDOM				28,665,869
UNITED STATES — 23.4%
Communication Services — 1.1%
Lumen Technologies		874,056		8,793,003


Energy — 2.4%
Antero Midstream		958,942		9,848,334
Diversified Energy		6,708,515		10,191,216
				20,039,550


Financials — 15.7%
AGNC Investment ^‡		733,100		8,049,438
Annaly Capital Management ^‡		1,333,591		8,561,654
Apollo Commercial Real Estate Finance ^‡		696,693		8,388,184
Arbor Realty Trust ^‡		541,970		9,267,687
ARMOUR Residential ^{‡ (A)}		1,111,534		8,158,660
Blackstone Mortgage Trust, Cl A ^‡		298,048		8,953,362
Chimera Investment ^‡		771,104		7,726,462
Ellington Financial ^‡		529,082		8,565,838

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Invesco Mortgage Capital ^{‡ (A)}		4,293,479	$	7,470,653
KKR Real Estate Finance Trust ^‡		475,808		9,040,352
New York Mortgage Trust ^‡		2,570,936		8,278,414
PennyMac Mortgage Investment Trust ^‡		582,318		8,932,758
Ready Capital ^‡		615,941		8,974,260
Starwood Property Trust ^‡		411,592		9,417,225
Two Harbors Investment ^‡		1,801,295		8,664,229
				128,449,176


Real Estate — 4.2%
Global Net Lease ^‡		627,798		8,808,006
Necessity Retail REIT ^‡		1,246,357		9,310,287
Office Properties Income Trust ^‡		380,665		8,229,977
Omega Healthcare Investors ^‡		327,282		8,339,146
				34,687,416


TOTAL UNITED STATES				191,969,145
TOTAL COMMON STOCK
(Cost $889,813,712)				762,669,976

PREFERRED STOCK — 6.9%
BRAZIL— 6.9%
Energy — 1.1%
Petroleo Brasileiro ^(E)		1,489,529		9,107,657
Materials — 3.4%
Braskem ^(E)		1,058,065		8,593,226
Gerdau ^(E)		1,644,284		9,286,907
Unipar Carbocloro ^(E)		517,555		10,034,022
				27,914,155
Utilities — 2.4%
Cia de Transmissao de Energia Eletrica Paulista ^(E)		1,932,695		9,819,193

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

	Number of Warrants/Shares/Face Amount		Value
PREFERRED STOCK — continued
Utilities — continued
Cia Paranaense de Energia ^(E)		6,600,920	$	9,916,975
				19,736,168
TOTAL BRAZIL				56,757,980
TOTAL PREFERRED STOCK
(Cost $54,935,698)				56,757,980

WARRANT — 0.0%
Australia — 0.0%
Magellan Financial Group
Strike Price $35, Expires 4/19/27(Cost $–)		113,334		126,047


SHORT-TERM INVESTMENT^(F)(G) — 5.0%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $41,116,116)		41,116,116		41,116,116

REPURCHASE AGREEMENT^(F) — 3.6%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $29,482,533 (collateralized by various U.S. Treasury Obligations, ranging in par value $2,347,902 - $3,156,917, 0.250%, 09/30/2025, with a total market value of $30,053,147)
(Cost $29,481,944)	$	29,481,944		29,481,944
TOTAL INVESTMENTS — 108.4%
(Cost $1,015,347,470)			$	890,152,063

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

Percentages are based on Net Assets of $821,256,281.

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $63,986,441.
(B)	Level 3 security in accordance with fair value hierarchy.
(C)	Security considered illiquid. The total value of such securities as of April 30, 2022 was $31,922,811 and represented 3.9% of Net Assets.
(D)	Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2022, was $31,922,811 and represents 3.9% of Net Assets.
(E)	There is currently no stated interest rate.
(F)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $70,598,060.
(G)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

ADR — American Depositary Receipt

Cl — Class

GDR — Global Depositary Receipt

PJSC — Public Joint Stock Company

REIT — Real Estate Investment Trust

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾		Total
Common Stock	$	696,344,250	$	34,402,915	$	31,922,811	$	762,669,976
Preferred Stock		56,757,980		—		—		56,757,980
Short-Term Investment		41,116,116		—		—		41,116,116
Warrant		—		126,047		—		126,047
Repurchase Agreement		—		29,481,944		—		29,481,944
Total Investments in Securities	$	794,218,346	$	64,010,906	$	31,922,811	$	890,152,063

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® ETF

(1)	The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

	Investments in Common Stock
Beginning Balance as of October 31, 2021	$	−
Transfers out of Level 3		−
Transfers into Level 3		31,922,811
Net purchases		−
Net sales		−
Realized gain/(loss)		−
Change in unrealized appreciation/(depreciation)		−
Ending Balance as of April 30, 2022	$	31,922,811

For the period ended April 30, 2022, the transfers in and out of Level 3 were due to changes in the availability of observable inputs to determine fair value.

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares		Value
COMMON STOCK — 83.6%
UNITED STATES — 83.6%
Communication Services — 7.6%
AT&T		585,910	$	11,050,263
Cogent Communications Holdings		216,305		12,653,842
Lumen Technologies		1,423,540		14,320,812
Verizon Communications		258,589		11,972,671
Warner Bros Discovery ^*		141,241		2,563,524
				52,561,112


Consumer Discretionary — 1.6%
PetMed Express ^(A)		524,381		11,483,944


Consumer Staples — 16.5%
Altria Group		269,763		14,990,730
B&G Foods		446,369		12,020,717

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Kellogg		214,042	$	14,661,877
Kraft Heinz		368,411		15,705,361
Philip Morris International		124,392		12,439,200
SpartanNash		504,868		17,306,875
Universal		254,129		14,701,363
Walgreens Boots Alliance		297,432		12,611,117
				114,437,240


Energy — 7.2%
Enviva		197,323		16,642,222
Kimbell Royalty Partners		928,263		15,622,666
Sabine Royalty Trust		284,562		18,004,238
				50,269,126


Financials — 13.4%
AGNC Investment ^‡		1,030,422		11,314,034
ARMOUR Residential ^‡(A)		1,628,174		11,950,797
Invesco Mortgage Capital ^{‡ (A)}		5,728,152		9,966,984
KKR Real Estate Finance Trust ^‡		658,371		12,509,049
New York Community Bancorp		1,200,131		11,089,210
TFS Financial		820,892		12,305,171
Two Harbors Investment ^‡		2,677,180		12,877,236
Virtu Financial, Cl A		395,489		11,421,722
				93,434,203


Health Care — 4.0%
AbbVie		95,588		14,039,965
Gilead Sciences		227,137		13,478,310
				27,518,275


Industrials — 5.9%
3M		93,653		13,506,636
Ennis		735,038		12,679,405
MSC Industrial Direct, Cl A		175,064		14,505,803
				40,691,844

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 2.1%
International Business Machines		111,385	$	14,726,211


Real Estate — 8.1%
Alexander’s ^‡		53,557		13,291,241
Easterly Government Properties, Cl A ^‡		662,931		12,628,836
Global Net Lease ^‡		954,245		13,388,057
Iron Mountain ^‡		318,207		17,097,262
				56,405,396


Utilities — 17.2%
American Electric Power		162,126		16,068,308
Avangrid ^(A)		315,441		13,989,808
Clearway Energy, Cl C		430,699		13,149,241
Consolidated Edison		170,184		15,782,864
DTE Energy		116,908		15,319,624
Duke Energy		140,381		15,464,371
Hawaiian Electric Industries		343,677		14,128,562
National Fuel Gas		227,256		15,937,463
				119,840,241


TOTAL UNITED STATES				581,367,592
TOTAL COMMON STOCK
(Cost $551,497,062)				581,367,592

MASTER LIMITED PARTNERSHIPS — 16.1%
UNITED KINGDOM— 2.2%
Energy — 2.2%
KNOT Offshore Partners		928,470		15,152,630
UNITED STATES— 13.9%
Energy — 10.0%
CrossAmerica Partners		656,201		13,655,543
Holly Energy Partners		770,359		13,196,250
MPLX		427,012		13,818,108

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares/Face Amount		Value
MASTER LIMITED PARTNERSHIPS — continued
Energy — continued
Shell Midstream Partners		1,018,797	$	14,395,602
USA Compression Partners		816,225		14,463,507
				69,529,010
Industrials — 1.9%
Icahn Enterprises		251,774		13,253,383
Materials — 2.0%
Westlake Chemical Partners		508,456		13,855,426
TOTAL UNITED STATES				96,637,819
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $90,454,726)				111,790,449

SHORT-TERM INVESTMENT^(B)(C) — 1.9%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $13,138,390)		13,138,390		13,138,390

REPURCHASE AGREEMENT^(B) — 1.4%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $9,420,954 (collateralized by various U.S. Treasury Obligations, ranging in par value $750,257 - $1,008,773, 0.250%, 09/30/2025, with a total market value of $9,603,294)
(Cost $9,420,766)	$	9,420,766		9,420,766
TOTAL INVESTMENTS — 103.0%
(Cost $664,510,944)			$	715,717,197

Percentages are based on Net Assets of $695,105,037.

‡	Real Estate Investment Trust
*	Non-income producing security.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® U.S. ETF

(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $21,051,368.
(B)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $22,559,156.
(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	581,367,592	$	—	$	—	$	581,367,592
Master Limited Partnerships		111,790,449		—		—		111,790,449
Short-Term Investment		13,138,390		—		—		13,138,390
Repurchase Agreement		—		9,420,766		—		9,420,766
Total Investments in Securities	$	706,296,431	$	9,420,766	$	—	$	715,717,197

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — 99.3%
AUSTRALIA — 14.2%
Industrials — 2.3%
Aurizon Holdings		88,169	$	252,509


Materials — 9.6%
BHP Group		13,555		462,474
Fortescue Metals Group		13,810		212,279
Rio Tinto		2,797		200,373
Rio Tinto		2,532		203,023
				1,078,149


Real Estate — 2.3%
Vicinity Centres ^‡		195,824		260,930


TOTAL AUSTRALIA				1,591,588
AUSTRIA — 2.0%
Energy — 2.0%
OMV		4,418		228,844

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
BELGIUM — 1.7%
Consumer Discretionary — 1.7%
Ageas		3,878	$	187,700


FINLAND — 1.3%
Utilities — 1.3%
Fortum		8,968		150,427


FRANCE — 8.2%
Communication Services — 2.1%
Orange		19,238		229,701


Financials — 4.5%
AXA		7,790		209,232
CNP Assurances		13,573		298,978
				508,210


Industrials — 1.6%
Credit Agricole		15,888		173,913


TOTAL FRANCE				911,824
GERMANY — 3.5%
Communication Services — 2.1%
Telefonica Deutschland Holding		77,911		235,810


Materials — 1.4%
BASF		2,950		156,881


TOTAL GERMANY				392,691
HONG KONG — 9.4%
Communication Services — 2.4%
HKT Trust & HKT		185,520		266,240


Real Estate — 2.0%
Henderson Land Development		55,900		226,916


Utilities — 5.0%
CK Infrastructure Holdings		41,400		278,861

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Power Assets Holdings		41,706	$	280,923
				559,784


TOTAL HONG KONG				1,052,940
ITALY — 5.7%
Financials — 3.6%
Poste Italiane		18,073		178,802
Assicurazioni Generali		11,566		220,849
				399,651


Utilities — 2.1%
Snam		42,376		233,537


TOTAL ITALY				633,188
JAPAN — 9.2%
Communication Services — 2.0%
SoftBank		19,068		222,970


Financials — 3.4%
Japan Post Holdings		29,225		205,608
Nomura Holdings		45,878		177,053
				382,661


Industrials — 2.0%
Mitsui OSK Lines		9,300		220,369


Real Estate — 1.8%
Japan Metropolitan Fund Invest ^‡		253		201,721


TOTAL JAPAN				1,027,721
NETHERLANDS — 2.1%
Financials — 2.1%
NN Group		4,696		232,543

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
NEW ZEALAND — 2.2%
Communication Services — 2.2%
Spark New Zealand		77,753	$	248,291


NORWAY — 1.8%
Communication Services — 1.8%
Telenor		13,851		197,584


PORTUGAL — 1.9%
Utilities — 1.9%
Energias de Portugal		44,834		210,097


SPAIN — 9.9%
Communication Services — 2.0%
Telefonica		46,080		225,220


Industrials — 1.6%
ACS Actividades de Construccion y Servicios		6,989		181,304


Utilities — 6.3%
Enagas		10,721		232,650
Endesa		8,816		186,288
Naturgy Energy Group		9,449		286,388
				705,326


TOTAL SPAIN				1,111,850
SWEDEN — 5.5%
Communication Services — 1.7%
Tele2, Cl B		14,713		195,756


Consumer Discretionary — 1.0%
Electrolux, Cl B		7,113		109,847


Energy — 2.8%
Lundin Energy		7,367		308,420


TOTAL SWEDEN				614,023

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
SWITZERLAND — 2.4%
Financials — 2.4%
Zurich Insurance Group		587	$	269,658


UNITED KINGDOM — 16.4%
Communication Services — 1.7%
Vodafone Group		123,870		189,016


Consumer Discretionary — 1.3%
Persimmon		5,599		147,620


Consumer Staples — 2.4%
British American Tobacco		6,278		264,204


Financials — 8.5%
Admiral Group		4,333		137,307
Aviva		43,167		234,831
Legal & General Group		62,650		198,293
M&G		74,208		199,565
Phoenix Group Holdings		24,051		183,893
				953,889


Utilities — 2.5%
National Grid		18,988		284,641


TOTAL UNITED KINGDOM				1,839,370
UNITED STATES — 1.9%
Financials — 1.9%
Swiss Re		2,570		212,664


TOTAL COMMON STOCK
(Cost $11,268,916)				11,113,003
TOTAL INVESTMENTS — 99.3%
(Cost $11,268,916)			$	11,113,003

Percentages are based on Net Assets of $11,194,017.

‡	Real Estate Investment Trust

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	10,085,282	$	1,027,721	$	—	$	11,113,003
Total Investments in Securities	$	10,085,282	$	1,027,721	$	—	$	11,113,003

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — 91.6%
BRAZIL — 5.6%
Consumer Discretionary — 2.4%
Vibra Energia		406,644	$	1,734,243


Materials — 3.2%
Vale		141,002		2,371,483


TOTAL BRAZIL				4,105,726
CHINA — 38.3%
Energy — 9.5%
China Shenhua Energy, Cl H		859,564		2,771,674
Yankuang Energy Group, Cl H		1,465,000		4,182,434
				6,954,108


Financials — 9.4%
Bank of China, Cl H		4,773,800		1,886,120
Bank of Communications, Cl H		2,931,380		2,043,633
China Cinda Asset Management, Cl H		9,139,600		1,549,252
Haitong Securities Ltd., Cl H		1,916,000		1,347,963
				6,826,968

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 1.6%
Sinotruk Hong Kong		958,900	$	1,173,243


Real Estate — 12.2%
Agile Group Holdings		1,339,700		648,835
China Jinmao Holdings Group		5,771,700		1,919,940
CIFI Holdings Group		2,415,700		1,179,194
Jinke Properties Group, Cl A ^*		2,256,928		1,515,561
KWG Group Holdings		1,307,300		476,524
Logan Group		1,247,400		394,276
Shanghai Lujiazui Finance & Trade Zone Development, Cl B		2,116,700		1,934,664
Shimao Group Holdings ^(A)(B)(C)		1,096,300		555,824
Sunac China Holdings ^(A)(B)(C)		755,000		308,499
				8,933,317


Utilities — 5.6%
China Power International Development		8,317,364		4,091,819


TOTAL CHINA				27,979,455
CZECH REPUBLIC — 3.8%
Utilities — 3.8%
CEZ		65,594		2,815,302


EGYPT — 2.0%
Consumer Staples — 2.0%
Eastern SAE		2,504,492		1,458,809


INDIA — 6.5%
Energy — 6.5%
Bharat Petroleum		253,841		1,204,078
Coal India		670,432		1,603,669
Indian Oil		1,196,305		1,971,867


TOTAL INDIA				4,779,614

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
MALAYSIA — 5.5%
Health Care — 2.8%
Hartalega Holdings		1,463,437	$	1,479,068
Top Glove		1,481,888		571,855
				2,050,923


Industrials — 2.7%
Sime Darby		3,633,752		1,953,137


TOTAL MALAYSIA				4,004,060
RUSSIA — 0.5%
Consumer Staples — 0.0%
Magnit PJSC GDR ^(A)(B)(C)		7,300		9,467


Materials — 0.5%
Alrosa PJSC ^(A)(B)(C)		1,194,381		135,467
Novolipetsk Steel PJSC ^(A)(B)(C)		500,486		112,075
PhosAgro PJSC GDR ^(A)(B)(C)		6,650		22,243
Severstal PJSC ^*(A)(B)(C)		71,665		110,799
				380,584


TOTAL RUSSIA				390,051
SOUTH AFRICA — 11.3%
Energy — 3.3%
Exxaro Resources		167,048		2,392,247



Materials — 8.0%
African Rainbow Minerals		107,404		1,778,426
Impala Platinum Holdings		101,720		1,326,211
Kumba Iron Ore		39,319		1,327,517
Sibanye Stillwater		400,842		1,413,924
				5,846,078


TOTAL SOUTH AFRICA				8,238,325

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
SOUTH KOREA — 1.8%
Energy — 1.8%
HD Hyundai		29,185	$	1,354,686


TAIWAN — 7.7%
Information Technology — 5.2%
Compal Electronics		2,454,600		1,852,889
Lite-On Technology		880,010		1,940,617
				3,793,506


Materials — 2.5%
Asia Cement		1,109,400		1,810,390


TOTAL TAIWAN				5,603,896
TURKEY — 4.4%
Consumer Staples — 1.9%
BIM Birlesik Magazalar		243,662		1,370,353


Materials — 2.5%
Eregli Demir ve Celik Fabrikalari		822,390		1,857,795


TOTAL TURKEY				3,228,148
UNITED ARAB EMIRATES — 4.2%
Real Estate — 4.2%
Aldar Properties PJSC		1,983,687		3,051,369


TOTAL COMMON STOCK
(Cost $71,176,143)				67,009,441

PREFERRED STOCK — 8.0%
BRAZIL— 7.8%
Materials — 4.5%
Braskem ^(D)		176,088		1,430,124
Gerdau ^(D)		330,509		1,866,713
				3,296,837

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
PREFERRED STOCK — continued
Utilities — 3.3%
Cia Energetica de Minas Gerais ^(D)		812,663	$	2,407,368
TOTAL BRAZIL				5,704,205
RUSSIA— 0.2%
Energy — 0.2%
Surgutneftegas PJSC ^(A)(B)(C)(D)		3,166,303		148,759
TOTAL RUSSIA				148,759
TOTAL PREFERRED STOCK
(Cost $7,033,294)				5,852,964
TOTAL INVESTMENTS — 99.6%
(Cost $78,209,437)			$	72,862,405

Percentages are based on Net Assets of $73,130,859.

*	Non-income producing security.
(A)	Level 3 security in accordance with fair value hierarchy.
(B)	Security considered illiquid. The total value of such securities as of April 30, 2022 was $1,403,133 and represented 1.9% of Net Assets.
(C)	Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2022, was $1,403,133 and represents 1.9% of Net Assets.
(D)	There is currently no stated interest rate.

Cl — Class

GDR — Global Depositary Receipt

Ltd. — Limited

PJSC — Public Joint Stock Company

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X MSCI SuperDividend^® Emerging Markets ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾		Total
Common Stock	$	64,296,258	$	1,458,809	$	1,254,374	$	67,009,441
Preferred Stock		5,704,205		—		148,759		5,852,964
Total Investments in Securities	$	70,000,463	$	1,458,809	$	1,403,133	$	72,862,405

(1)	The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

	Investments in Common Stock
Beginning Balance as of October 31, 2021	$	−
Transfers out of Level 3		−
Transfers into Level 3		1,403,133
Net purchases		−
Net sales		−
Realized gain/(loss)		−
Change in unrealized appreciation/(depreciation)		−
Ending Balance as of April 30, 2022	$	1,403,133

For the period ended April 30, 2022, the transfers in and out of Level 3 were due to changes in the availability of observable inputs to determine fair value.

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® REIT ETF

	Shares		Value
COMMON STOCK — 99.3%
AUSTRALIA — 7.1%
Real Estate — 7.1%
Charter Hall Long Wale ^‡		3,585,783	$	13,658,573
Waypoint ^‡		6,367,284		12,172,030


TOTAL AUSTRALIA				25,830,603
CANADA — 7.0%
Real Estate — 7.0%
NorthWest Healthcare Properties Real Estate Investment Trust ^{‡ (A)}		1,217,414		12,621,365
SmartCentres Real Estate Investment Trust ^‡		532,382		13,034,101


TOTAL CANADA				25,655,466
SINGAPORE — 32.3%
Real Estate — 32.3%
CapitaLand Integrated Commercial Trust ^‡		8,347,822		14,085,325
Frasers Logistics & Commercial Trust ^‡		12,141,665		12,749,232
Keppel ^‡		15,098,244		13,339,024
Keppel ^‡		7,820,654		11,723,335
Mapletree Commercial Trust ^‡		9,436,186		12,778,382
Mapletree Industrial Trust ^‡		6,755,890		12,769,116
Mapletree Logistics Trust ^‡		9,754,136		12,643,858
Mapletree North Asia Commercial Trust ^‡		15,502,594		13,471,731

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® REIT ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Suntec Real Estate Investment Trust ^‡		10,920,568	$	14,551,267


TOTAL SINGAPORE				118,111,270
UNITED STATES — 52.9%
Financials — 38.6%
AGNC Investment ^‡		907,823		9,967,897
Annaly Capital Management ^‡		1,723,869		11,067,239
Ares Commercial Real Estate ^‡		916,322		13,808,973
ARMOUR Residential ^‡(A)		1,433,645		10,522,954
Blackstone Mortgage Trust, Cl A ^‡		413,908		12,433,796
Broadmark Realty Capital ^‡		1,436,885		11,222,072
Dynex Capital ^{‡ (A)}		789,462		12,812,968
Ellington Financial ^‡		738,541		11,956,979
KKR Real Estate Finance Trust ^‡		624,240		11,860,560
MFA Financial ^‡		738,916		10,529,553
New Residential Investment ^‡		1,206,619		12,548,838
PennyMac Mortgage Investment Trust ^‡		808,175		12,397,404
				141,129,233


Real Estate — 14.3%
Gaming and Leisure Properties ^‡		290,886		12,909,521
Getty Realty ^‡		463,556		12,474,292
Physicians Realty Trust ^‡		753,187		12,909,625
WP Carey ^‡		174,102		14,062,218
				52,355,656


TOTAL UNITED STATES				193,484,889
TOTAL COMMON STOCK
(Cost $377,046,199)				363,082,228

SHORT-TERM INVESTMENT^(B)(C) — 2.3%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperDividend^® REIT ETF

	Shares/Face Amount		Value
SHORT-TERM INVESTMENT^(B)(C) — continued
(Cost $8,509,771)		8,509,771	$	8,509,771

REPURCHASE AGREEMENT^(B) — 1.7%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $6,101,978 (collateralized by various U.S. Treasury Obligations, ranging in par value $485,944 - $653,385, 0.250%, 09/30/2025, with a total market value of $6,220,080)
(Cost $6,101,856)	$	6,101,856		6,101,856
TOTAL INVESTMENTS — 103.3%
(Cost $391,657,826)			$	377,693,855

Percentages are based on Net Assets of $365,518,836.

‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $13,936,119.
(B)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $14,611,627.
(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	363,082,228	$	—	$	—	$	363,082,228
Short-Term Investment		8,509,771		—		—		8,509,771
Repurchase Agreement		—		6,101,856		—		6,101,856
Total Investments in Securities	$	371,591,999	$	6,101,856	$	—	$	377,693,855

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

	Shares		Value
COMMON STOCK — 100.2%^(A)
BRAZIL — 0.4%
Consumer Discretionary — 0.4%
MercadoLibre ^*		28,922	$	28,159,327


CHINA — 1.3%
Communication Services — 0.4%
Baidu ADR ^*		136,606		16,962,367
NetEase ADR		124,100		11,830,453
				28,792,820


Consumer Discretionary — 0.5%
JD.com ADR ^*		349,672		21,560,775
Pinduoduo ADR ^*		265,821		11,454,227
				33,015,002


Information Technology — 0.4%
NXP Semiconductors		154,388		26,384,909


TOTAL CHINA				88,192,731
NETHERLANDS — 0.4%
Information Technology — 0.4%
ASML Holding, Cl G		48,345		27,255,461

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Health Care — 0.3%
AstraZeneca ADR		336,532	$	22,345,725


UNITED STATES — 97.8%
Communication Services — 16.0%
Activision Blizzard		452,230		34,188,588
Alphabet, Cl A ^*		105,629		241,065,448
Alphabet, Cl C ^*		110,652		254,425,463
Charter Communications, Cl A ^*		101,348		43,426,605
Comcast, Cl A		2,638,774		104,917,654
Electronic Arts		167,002		19,714,586
Match Group ^*		155,090		12,275,374
Meta Platforms, Cl A ^*		1,213,775		243,325,474
Netflix ^*		255,243		48,588,057
Sirius XM Holdings		2,209,124		13,254,744
T-Mobile US ^*		728,753		89,738,644
				1,104,920,637


Consumer Discretionary — 15.3%
Airbnb, Cl A ^*		215,494		33,015,836
Amazon.com ^*		178,493		443,667,556
Booking Holdings ^*		24,381		53,889,568
Dollar Tree ^*		133,332		21,659,783
eBay		345,278		17,926,834
Lucid Group ^*		978,415		17,689,743
Lululemon Athletica ^*		69,658		24,702,817
Marriott International, Cl A		188,983		33,548,262
O’Reilly Automotive ^*		39,115		23,725,203
Ross Stores		195,482		19,503,239
Starbucks		673,811		50,293,253
Tesla ^*		362,449		315,606,091
				1,055,228,185

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — 6.3%
Costco Wholesale		258,189	$	137,284,255
Keurig Dr Pepper		834,134		31,196,612
Kraft Heinz		720,193		30,701,827
Mondelez International, Cl A		794,023		51,198,603
Monster Beverage ^*		312,641		26,787,081
PepsiCo		805,924		138,385,210
Walgreens Boots Alliance		478,723		20,297,855
				435,851,443


Health Care — 5.7%
Align Technology ^*		44,293		12,840,984
Amgen		321,218		74,904,825
Biogen ^*		86,606		17,965,549
Dexcom ^*		57,679		23,566,486
Gilead Sciences		725,764		43,066,836
IDEXX Laboratories ^*		47,249		20,339,749
Illumina ^*		89,992		26,696,127
Intuitive Surgical ^*		207,166		49,574,824
Moderna ^*		233,561		31,392,934
Regeneron Pharmaceuticals ^*		62,515		41,204,262
Seagen ^*		102,655		13,448,831
Vertex Pharmaceuticals ^*		147,469		40,291,480
				395,292,887


Industrials — 3.4%
Cintas		61,351		24,372,298
Copart ^*		134,673		15,305,586
CSX		1,269,961		43,610,461
Fastenal		319,195		17,654,675
Honeywell International		395,268		76,488,311
Old Dominion Freight Line		65,165		18,254,020
PACCAR		190,170		15,793,618
Verisk Analytics, Cl A		95,953		19,579,210
				231,058,179

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 49.8%
Adobe ^*		275,951	$	109,262,798
Advanced Micro Devices ^*		949,509		81,202,009
Analog Devices		304,805		47,055,796
ANSYS ^*		48,261		13,305,075
Apple		5,722,462		902,146,134
Applied Materials		510,924		56,380,463
Atlassian, Cl A ^*		81,757		18,381,426
Autodesk ^*		126,432		23,931,049
Automatic Data Processing		241,182		52,621,089
Broadcom		239,268		132,647,787
Cadence Design Systems ^*		161,970		24,433,174
Cisco Systems		2,423,304		118,693,430
Cognizant Technology Solutions, Cl A		309,822		25,064,600
Crowdstrike Holdings, Cl A ^*		120,609		23,972,245
Datadog, Cl A ^*		153,938		18,592,632
DocuSign, Cl A ^*		108,123		8,757,963
Fiserv ^*		383,343		37,536,947
Fortinet ^*		92,097		26,616,954
Intel		2,375,439		103,545,386
Intuit		165,964		69,497,425
KLA		84,995		27,135,504
Lam Research		79,151		36,865,370
Marvell Technology		490,923		28,512,808
Microchip Technology		307,819		20,069,799
Micron Technology		636,650		43,413,164
Microsoft		2,628,412		729,436,898
NVIDIA		1,234,231		228,912,824
Okta, Cl A ^*		78,727		9,392,918
Palo Alto Networks ^*		58,369		32,761,352
Paychex		212,556		26,937,222
PayPal Holdings ^*		681,013		59,881,473
QUALCOMM		648,401		90,575,136

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions		95,795		$	10,853,574
Splunk ^*		87,973			10,734,465
Synopsys ^*		85,753			24,593,103
Texas Instruments		539,081			91,778,540
VeriSign ^*		64,209			11,473,506
Workday, Cl A ^*		113,792			23,520,806
Zoom Video Communications, Cl A ^*		136,588			13,600,067
Zscaler ^*		82,624			16,751,190
					3,430,844,101


Utilities — 1.3%
American Electric Power		296,426			29,378,781
Constellation Energy		174,229			10,316,099
Exelon		577,299			27,006,047
Xcel Energy		319,021			23,371,479
					90,072,406


TOTAL UNITED STATES					6,743,267,838
TOTAL COMMON STOCK
(Cost $6,928,281,396)					6,909,221,082
TOTAL INVESTMENTS — 100.2%
(Cost $6,928,281,396)				$	6,909,221,082


				Value
WRITTEN OPTIONS— (0.4)%⁽¹⁾
UNITED STATES— (0.4)%
(Premiums Received $(216,847,049))		(5,374	)	$	(27,058,090	)

Percentages are based on Net Assets of $6,895,810,939.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Covered Call ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS — (0.4)%
Call Options
Nasdaq-100 Index^*		(5,374	)	$	(7,550,470,000	)	$	14,050.00	05/20/22	$	(27,058,090	)

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was$6,909,221,082.

ADR — American Depositary Receipt

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	6,909,221,082	$	—	$	—	$	6,909,221,082
Total Investments in Securities	$	6,909,221,082	$	—	$	—	$	6,909,221,082

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(27,058,090	)	$	–	$	–	$	(27,058,090	)
Total Other Financial Instruments	$	(27,058,090	)	$	–	$	–	$	(27,058,090	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — 100.2%^(A)
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		12,440	$	2,125,996


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		13,455		1,678,915


UNITED KINGDOM — 0.5%
Materials — 0.5%
Linde		22,718		7,087,107


UNITED STATES — 99.5%
Communication Services — 8.7%
Activision Blizzard		33,050		2,498,580
Alphabet, Cl A ^*		13,198		30,120,344
Alphabet, Cl C ^*		12,310		28,304,752
AT&T		310,401		5,854,163
Charter Communications, Cl A ^*		5,615		2,405,971
Comcast, Cl A		197,023		7,833,634

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
DISH Network, Cl A ^*		10,452	$	297,987
Electronic Arts		12,427		1,467,007
Fox, Cl A		13,791		494,269
Fox, Cl B		6,899		229,323
Interpublic Group		16,042		523,290
Live Nation Entertainment ^*		5,937		622,673
Lumen Technologies		41,661		419,110
Match Group ^*		12,532		991,908
Meta Platforms, Cl A ^*		101,473		20,342,292
Netflix ^*		19,422		3,697,172
News, Cl A		17,254		342,664
News, Cl B		6,667		132,740
Omnicom Group		9,859		750,566
Paramount Global, Cl B		26,529		772,525
Take-Two Interactive Software ^*		5,179		618,942
T-Mobile US ^*		26,233		3,230,332
Twitter ^*		33,726		1,653,249
Verizon Communications		182,251		8,438,221
Walt Disney ^*		79,407		8,864,203
Warner Bros Discovery ^*		97,650		1,772,347
				132,678,264


Consumer Discretionary — 11.5%
Advance Auto Parts		2,962		591,304
Amazon.com ^*		19,239		47,821,036
Aptiv ^*		11,672		1,241,901
AutoZone ^*		831		1,624,996
Bath & Body Works		10,802		571,318
Best Buy		9,522		856,313
Booking Holdings ^*		2,030		4,486,929
BorgWarner		9,836		362,260
Caesars Entertainment ^*		9,712		643,711
CarMax ^*		6,709		575,498

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Carnival ^*		35,339	$	611,365
Chipotle Mexican Grill, Cl A ^*		1,133		1,649,206
Darden Restaurants		5,939		782,344
Dollar General		9,768		2,320,193
Dollar Tree ^*		9,692		1,574,465
Domino’s Pizza		1,200		405,600
DR Horton		13,509		940,091
eBay		26,406		1,371,000
Etsy ^*		6,054		564,172
Expedia Group ^*		6,516		1,138,671
Ford Motor		174,196		2,466,615
Garmin		6,678		732,844
General Motors ^*		61,872		2,345,568
Genuine Parts		6,177		803,319
Hasbro		5,877		517,529
Hilton Worldwide Holdings		12,324		1,913,794
Home Depot		45,890		13,785,356
Las Vegas Sands ^*		15,341		543,532
Lennar, Cl A		11,416		873,210
LKQ		11,444		567,966
Lowe’s		30,210		5,973,423
Marriott International, Cl A		12,042		2,137,696
McDonald’s		32,665		8,138,811
MGM Resorts International		16,170		663,617
Mohawk Industries ^*		2,763		389,749
Newell Brands		17,206		398,319
NIKE, Cl B		56,095		6,995,046
Norwegian Cruise Line Holdings ^*		16,752		335,543
NVR ^*		108		472,631
O’Reilly Automotive ^*		3,070		1,862,108
Penn National Gaming ^*		6,521		238,473
Pool		2,207		894,321

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
PulteGroup		10,730	$	448,085
PVH		3,183		231,659
Ralph Lauren, Cl A		2,925		305,194
Ross Stores		15,568		1,553,219
Royal Caribbean Cruises ^*		9,787		760,743
Starbucks		50,886		3,798,131
Tapestry		12,910		424,997
Target		20,998		4,801,193
Tesla ^*		36,575		31,848,047
TJX		53,254		3,263,405
Tractor Supply		5,725		1,153,301
Ulta Beauty ^*		2,789		1,106,675
Under Armour, Cl A ^*		9,025		138,624
Under Armour, Cl C ^*		10,050		142,609
VF		13,249		688,948
Whirlpool		3,101		562,894
Wynn Resorts ^*		3,516		247,808
Yum! Brands		12,631		1,477,953
				176,135,328


Consumer Staples — 6.8%
Altria Group		80,681		4,483,443
Archer-Daniels-Midland		24,539		2,197,713
Brown-Forman, Cl B		7,058		475,992
Campbell Soup		9,734		459,640
Church & Dwight		10,039		979,405
Clorox		5,813		833,991
Coca-Cola		170,585		11,021,497
Colgate-Palmolive		37,210		2,867,031
Conagra Brands		20,255		707,507
Constellation Brands, Cl A		7,202		1,772,340
Costco Wholesale		19,499		10,368,008
Estee Lauder, Cl A		10,195		2,692,092

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
General Mills		25,540	$	1,806,444
Hershey		6,246		1,410,159
Hormel Foods		13,249		694,115
J M Smucker		3,846		526,633
Kellogg		10,456		716,236
Kimberly-Clark		14,729		2,044,827
Kraft Heinz		28,406		1,210,948
Kroger		28,709		1,549,138
Lamb Weston Holdings		6,632		438,375
McCormick		10,242		1,030,038
Molson Coors Beverage, Cl B		7,617		412,384
Mondelez International, Cl A		61,349		3,955,784
Monster Beverage ^*		15,881		1,360,684
PepsiCo		60,196		10,336,255
Philip Morris International		68,051		6,805,100
Procter & Gamble		105,048		16,865,456
Sysco		22,000		1,880,560
Tyson Foods, Cl A		12,777		1,190,305
Walgreens Boots Alliance		31,422		1,332,293
Walmart		61,786		9,452,640
				103,877,033


Energy — 4.2%
APA		16,134		660,365
Baker Hughes, Cl A		40,655		1,261,118
Chevron		84,896		13,300,656
ConocoPhillips		56,227		5,370,803
Coterra Energy		34,341		988,677
Devon Energy		27,698		1,611,193
Diamondback Energy		7,039		888,533
EOG Resources		24,989		2,917,716
Exxon Mobil		185,246		15,792,221
Halliburton		37,440		1,333,613

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Hess		12,743	$	1,313,421
Kinder Morgan		81,723		1,483,272
Marathon Oil		31,827		793,129
Marathon Petroleum		26,818		2,340,139
Occidental Petroleum		38,085		2,098,103
ONEOK		18,922		1,198,330
Phillips 66		20,771		1,802,092
Pioneer Natural Resources		9,666		2,247,055
Schlumberger		62,859		2,452,129
Valero Energy		16,791		1,871,861
Williams		52,658		1,805,643
				63,530,069


Financials — 11.0%
Aflac		25,714		1,472,898
Allstate		12,616		1,596,429
American Express		27,269		4,764,167
American International Group		35,582		2,081,903
Ameriprise Financial		4,599		1,220,988
Aon, Cl A		9,587		2,760,960
Arthur J Gallagher		9,187		1,547,918
Assurant		2,808		510,719
Bank of America		314,351		11,216,044
Bank of New York Mellon		32,646		1,373,091
Berkshire Hathaway, Cl B ^*		80,267		25,912,596
BlackRock, Cl A		6,268		3,915,494
Brown & Brown		9,358		580,009
Capital One Financial		18,750		2,336,625
Cboe Global Markets		3,599		406,615
Charles Schwab		65,647		4,354,365
Chubb		18,954		3,913,053
Cincinnati Financial		6,696		821,331
Citigroup		86,947		4,191,715

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Citizens Financial Group		22,119	$	871,489
CME Group, Cl A		15,672		3,437,496
Comerica		6,436		527,108
Discover Financial Services		12,690		1,427,117
Everest Re Group		2,489		683,753
FactSet Research Systems		2,139		863,065
Fifth Third Bancorp		28,821		1,081,652
First Republic Bank		7,732		1,153,769
Franklin Resources		12,052		296,359
Globe Life		3,403		333,766
Goldman Sachs Group		15,219		4,649,252
Hartford Financial Services Group		13,756		961,957
Huntington Bancshares		63,224		831,396
Intercontinental Exchange		24,775		2,869,193
Invesco		14,863		273,182
JPMorgan Chase		129,370		15,441,603
KeyCorp		38,918		751,507
Lincoln National		6,717		404,028
Loews		8,879		557,956
M&T Bank		7,643		1,273,629
MarketAxess Holdings		2,371		625,019
Marsh & McLennan		21,825		3,529,102
MetLife		29,631		1,946,164
Moody’s		7,059		2,234,032
Morgan Stanley		63,057		5,081,764
MSCI, Cl A		3,362		1,416,242
Nasdaq		5,708		898,268
Northern Trust		9,185		946,514
PNC Financial Services Group		19,326		3,210,049
Principal Financial Group		10,072		686,306
Progressive		25,023		2,686,469
Prudential Financial		16,565		1,797,468

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Raymond James Financial		8,162	$	795,469
Regions Financial		39,944		827,640
S&P Global		15,656		5,894,484
Signature Bank NY		3,078		745,645
State Street		15,998		1,071,386
SVB Financial Group ^*		2,879		1,403,916
Synchrony Financial		23,826		877,035
T Rowe Price Group		9,589		1,179,831
Travelers		10,147		1,735,746
Truist Financial		59,328		2,868,509
US Bancorp		57,593		2,796,716
W R Berkley		9,681		643,690
Wells Fargo		171,058		7,463,261
Willis Towers Watson		5,955		1,279,491
Zions Bancorp		7,007		395,966
				168,702,379


Health Care — 14.3%
Abbott Laboratories		78,088		8,862,988
AbbVie		77,718		11,415,220
ABIOMED ^*		2,605		746,541
Agilent Technologies		12,805		1,527,252
Align Technology ^*		3,157		915,246
AmerisourceBergen, Cl A		6,628		1,002,750
Amgen		24,803		5,783,812
Anthem		10,463		5,251,694
Baxter International		21,274		1,511,730
Becton Dickinson		12,529		3,097,043
Biogen ^*		6,339		1,314,962
Bio-Rad Laboratories, Cl A ^*		766		392,238
Bio-Techne		2,187		830,382
Boston Scientific ^*		60,924		2,565,510
Bristol-Myers Squibb		96,399		7,255,953

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Cardinal Health		13,341	$	774,445
Catalent ^*		6,673		604,307
Centene ^*		24,946		2,009,400
Cerner		12,543		1,174,527
Charles River Laboratories International ^*		2,704		653,043
Cigna		14,257		3,518,342
Cooper		2,685		969,392
CVS Health		57,255		5,503,923
Danaher		27,607		6,932,946
DaVita ^*		3,395		367,916
DENTSPLY SIRONA		9,957		398,180
Dexcom ^*		4,089		1,670,684
Edwards Lifesciences ^*		27,411		2,899,536
Eli Lilly		35,304		10,313,358
Embecta ^*		1		18
Gilead Sciences		55,906		3,317,462
HCA Healthcare		10,497		2,252,131
Henry Schein ^*		6,026		488,709
Hologic ^*		10,613		764,030
Humana		5,975		2,656,246
IDEXX Laboratories ^*		3,673		1,581,153
Illumina ^*		6,704		1,988,742
Incyte ^*		8,304		622,468
Intuitive Surgical ^*		15,649		3,744,806
IQVIA Holdings ^*		9,101		1,983,927
Johnson & Johnson		115,096		20,770,224
Laboratory Corp of America Holdings		4,089		982,505
McKesson		6,645		2,057,358
Medtronic		58,800		6,136,368
Merck		109,968		9,753,062
Mettler-Toledo International ^*		929		1,186,825
Moderna ^*		15,784		2,121,527

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Molina Healthcare ^*		2,735	$	857,286
Organon		10,169		328,764
PerkinElmer		6,191		907,663
Pfizer		244,505		11,997,860
Quest Diagnostics		5,790		774,934
Regeneron Pharmaceuticals ^*		4,576		3,016,087
ResMed		6,273		1,254,412
STERIS		4,253		952,885
Stryker		14,372		3,467,389
Teleflex		2,629		750,895
Thermo Fisher Scientific		17,027		9,414,569
UnitedHealth Group		41,429		21,068,718
Universal Health Services, Cl B		3,428		420,033
Vertex Pharmaceuticals ^*		11,097		3,031,922
Viatris, Cl W ^*		50,167		518,225
Waters ^*		3,000		909,060
West Pharmaceutical Services		3,155		994,014
Zimmer Biomet Holdings		9,202		1,111,141
Zimvie ^*		1		11
Zoetis, Cl A		20,339		3,605,088
				218,051,837


Industrials — 7.8%
3M		25,608		3,693,186
Alaska Air Group ^*		6,333		344,452
Allegion		3,397		388,073
American Airlines Group ^*		28,472		534,419
AMETEK		9,635		1,216,515
AO Smith		6,473		378,217
Boeing ^*		23,761		3,536,587
Carrier Global		35,830		1,371,214
Caterpillar		23,661		4,981,587
CH Robinson Worldwide		5,914		627,771

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Cintas		3,800	$	1,509,588
Copart ^*		9,297		1,056,604
CSX		95,855		3,291,661
Cummins		6,302		1,192,275
Deere		12,483		4,712,957
Delta Air Lines ^*		27,796		1,196,062
Dover		6,217		828,726
Eaton		16,656		2,415,453
Emerson Electric		25,991		2,343,868
Equifax		5,832		1,186,929
Expeditors International of Washington		6,714		665,156
Fastenal		24,422		1,350,781
FedEx		10,681		2,122,742
Fortive		16,146		928,395
Fortune Brands Home & Security		6,048		430,920
Generac Holdings ^*		3,022		662,966
General Dynamics		9,753		2,306,877
General Electric		48,942		3,648,626
Honeywell International		30,115		5,827,554
Howmet Aerospace		16,874		575,741
Huntington Ingalls Industries		2,663		566,527
IDEX		3,311		628,494
Illinois Tool Works		12,516		2,467,029
Ingersoll Rand		16,818		739,319
Jacobs Engineering Group		5,942		823,264
JB Hunt Transport Services		3,348		572,006
Johnson Controls International		29,386		1,759,340
L3Harris Technologies		9,101		2,113,798
Leidos Holdings		6,533		676,231
Lockheed Martin		10,583		4,573,126
Masco		10,523		554,457
Nielsen Holdings		16,951		454,456

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Nordson		2,722	$	587,108
Norfolk Southern		10,099		2,604,330
Northrop Grumman		6,382		2,804,251
Old Dominion Freight Line		3,927		1,100,031
Otis Worldwide		18,382		1,338,945
PACCAR		14,823		1,231,050
Parker-Hannifin		5,975		1,618,149
Pentair		6,953		352,865
Quanta Services		6,475		750,970
Raytheon Technologies		66,129		6,276,303
Republic Services, Cl A		9,232		1,239,581
Robert Half International		4,026		395,796
Rockwell Automation		5,699		1,439,966
Rollins		10,169		341,068
Snap-On		2,742		582,648
Southwest Airlines ^*		25,801		1,205,423
Stanley Black & Decker		6,689		803,683
Textron		9,861		682,874
Trane Technologies		9,785		1,368,824
TransDigm Group ^*		2,416		1,437,061
Union Pacific		28,085		6,580,035
United Airlines Holdings ^*		13,127		662,914
United Parcel Service, Cl B		32,368		5,825,593
United Rentals ^*		3,119		987,226
Verisk Analytics, Cl A		6,704		1,367,951
Waste Management		16,313		2,682,510
Westinghouse Air Brake Technologies		7,393		664,705
WW Grainger		2,112		1,056,063
Xylem		7,025		565,513
				119,807,385

Information Technology — 27.2%
Accenture, Cl A		27,286		8,195,623

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Adobe ^*		20,520	$	8,124,894
Advanced Micro Devices ^*		70,913		6,064,480
Akamai Technologies ^*		6,713		753,736
Amphenol, Cl A		25,890		1,851,135
Analog Devices		23,611		3,645,066
ANSYS ^*		3,388		934,038
Apple		680,385		107,262,695
Applied Materials		39,760		4,387,516
Arista Networks ^*		9,490		1,096,759
Autodesk ^*		9,482		1,794,753
Automatic Data Processing		18,842		4,110,948
Broadcom		18,316		10,154,207
Broadridge Financial Solutions		5,498		792,427
Cadence Design Systems ^*		12,540		1,891,659
CDW		6,186		1,009,432
Ceridian HCM Holding ^*		6,016		337,678
Cisco Systems		184,730		9,048,075
Citrix Systems ^*		5,873		587,887
Cognizant Technology Solutions, Cl A		22,283		1,802,695
Corning		32,032		1,127,206
DXC Technology ^*		10,740		308,238
Enphase Energy ^*		6,069		979,537
EPAM Systems ^*		2,809		744,357
F5 ^*		3,072		514,284
Fidelity National Information Services		26,060		2,583,849
Fiserv ^*		25,435		2,490,595
FleetCor Technologies ^*		3,309		825,662
Fortinet ^*		6,099		1,762,672
Gartner ^*		3,419		993,390
Global Payments		12,595		1,725,263
Hewlett Packard Enterprise		56,757		874,625
HP		48,272		1,768,203

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Intel		178,421	$	7,777,371
International Business Machines		39,531		5,226,394
Intuit		12,593		5,273,319
IPG Photonics ^*		586		55,365
Jack Henry & Associates		3,322		629,785
Juniper Networks		14,164		446,449
Keysight Technologies ^*		7,986		1,120,196
KLA		6,432		2,053,480
Kyndryl Holdings ^*		0		2
Lam Research		6,251		2,911,466
Mastercard, Cl A		38,043		13,824,065
Microchip Technology		22,708		1,480,562
Micron Technology		49,494		3,374,996
Microsoft		328,987		91,300,472
Monolithic Power Systems		2,114		829,195
Motorola Solutions		7,353		1,571,263
NetApp		9,432		690,894
NortonLifeLock		24,517		613,906
NVIDIA		109,649		20,336,600
Oracle		70,570		5,179,838
Paychex		14,092		1,785,879
Paycom Software ^*		2,668		750,962
PayPal Holdings ^*		52,139		4,584,582
PTC ^*		4,298		490,875
Qorvo ^*		3,882		441,694
QUALCOMM		49,576		6,925,271
Roper Technologies		4,536		2,131,557
Salesforce ^*		42,936		7,554,160
Seagate Technology Holdings		9,395		770,766
ServiceNow ^*		9,093		4,347,363
Skyworks Solutions		6,591		746,760
SolarEdge Technologies ^*		2,911		728,944

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Synopsys ^*		6,422	$	1,841,765
Teledyne Technologies ^*		2,181		941,211
Teradyne		6,683		704,789
Texas Instruments		39,862		6,786,506
Trimble ^*		10,133		675,871
Tyler Technologies ^*		2,027		800,077
VeriSign ^*		4,212		752,642
Visa, Cl A		72,638		15,481,337
Western Digital ^*		13,392		710,713
Zebra Technologies, Cl A ^*		2,775		1,025,807
				416,218,733


Materials — 2.3%
Air Products & Chemicals		9,504		2,224,601
Albemarle		5,545		1,069,242
Amcor		67,838		804,559
Avery Dennison		3,385		611,331
Ball		13,583		1,102,396
Celanese, Cl A		4,694		689,736
CF Industries Holdings		9,761		945,158
Corteva		30,948		1,785,390
Dow		31,734		2,110,311
DuPont de Nemours		22,230		1,465,624
Eastman Chemical		6,015		617,560
Ecolab		10,912		1,847,838
FMC		5,870		778,010
Freeport-McMoRan		65,527		2,657,120
International Flavors & Fragrances		11,149		1,352,374
International Paper		16,863		780,420
LyondellBasell Industries, Cl A		10,776		1,142,579
Martin Marietta Materials		2,999		1,062,306
Mosaic		15,651		976,935
Newmont		35,988		2,621,726

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Nucor		12,579	$	1,946,978
Packaging Corp of America		3,405		548,784
PPG Industries		10,053		1,286,683
Sealed Air		6,804		436,885
Sherwin-Williams		10,568		2,905,777
Vulcan Materials		6,012		1,035,808
Westrock		12,166		602,582
				35,408,713


Real Estate — 2.9%
Alexandria Real Estate Equities ^‡		6,129		1,116,459
American Tower, Cl A ^‡		20,032		4,828,113
AvalonBay Communities ^‡		6,158		1,400,822
Boston Properties ^‡		6,533		768,281
Camden Property Trust ^‡		4,287		672,587
CBRE Group, Cl A ^*		13,839		1,149,190
Crown Castle International ^‡		18,828		3,487,134
Digital Realty Trust ^‡		12,412		1,813,641
Duke Realty ^‡		16,683		913,394
Equinix ^‡		3,909		2,810,884
Equity Residential ^‡		14,479		1,180,038
Essex Property Trust ^‡		3,077		1,013,164
Extra Space Storage ^‡		6,036		1,146,840
Federal Realty Investment Trust ^‡		2,997		350,829
Healthpeak Properties ^‡		23,004		754,761
Host Hotels & Resorts ^‡		31,545		641,941
Iron Mountain ^‡		12,312		661,524
Kimco Realty ^‡		25,061		634,795
Mid-America Apartment Communities ^‡		5,391		1,060,302
Orion Office REIT ^‡		1		8
ProLogis ^‡		32,734		5,246,933
Public Storage ^‡		6,417		2,383,915
Realty Income ^‡		25,730		1,784,633

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Regency Centers ^‡		6,899	$	474,858
SBA Communications, Cl A ^‡		4,513		1,566,507
Simon Property Group ^‡		14,320		1,689,760
UDR ^‡		12,165		647,300
Ventas ^‡		16,554		919,575
Vornado Realty Trust ^‡		6,738		260,828
Welltower ^‡		18,358		1,667,090
Weyerhaeuser ^‡		31,682		1,305,932
				44,352,038


Utilities — 2.8%
AES		29,458		601,532
Alliant Energy		10,100		593,981
Ameren		10,129		940,984
American Electric Power		21,290		2,110,052
American Water Works		7,915		1,219,543
Atmos Energy		5,896		668,606
CenterPoint Energy		26,067		797,911
CMS Energy		12,389		851,000
Consolidated Edison		15,439		1,431,813
Constellation Energy		13,354		790,671
Dominion Energy		36,236		2,958,307
DTE Energy		8,382		1,098,377
Duke Energy		33,834		3,727,153
Edison International		15,898		1,093,623
Entergy		9,496		1,128,600
Evergy		10,046		681,621
Eversource Energy		14,528		1,269,747
Exelon		41,281		1,931,125
FirstEnergy		23,233		1,006,221
NextEra Energy		85,133		6,046,146
NiSource		17,029		495,885
NRG Energy		10,020		359,718

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Utilities — continued
Pinnacle West Capital		5,060		$	360,272
PPL		31,918			903,599
Public Service Enterprise Group		21,657			1,508,627
Sempra Energy		14,016			2,261,622
Southern		46,954			3,445,954
WEC Energy Group		13,245			1,325,162
Xcel Energy		22,476			1,646,592
					43,254,444


TOTAL UNITED STATES					1,522,016,223
TOTAL COMMON STOCK
(Cost $1,593,418,648)					1,532,908,241
TOTAL INVESTMENTS — 100.2%
(Cost $1,593,418,648)				$	1,532,908,241


				Value
WRITTEN OPTIONS— (0.2)%⁽¹⁾
UNITED STATES— (0.2)%
(Premiums Received $(32,844,397))		(3,709	)	$	(3,690,455	)

Percentages are based on Net Assets of $1,530,097,562.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS — (0.3)%
Call Options
S&P 500 Index^*		(3,709	)	$	(1,643,087,000	)	$	4,430.00	05/20/22	$	(3,690,455	)

*	Non-income producing security.
‡	Real Estate Investment Trust

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call ETF

(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was$1,532,908,241.

Cl — Class

REIT — Real Estate Investment Trust

S&P — Standard & Poor’s

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	1,532,908,241	$	—	$	—	$	1,532,908,241
Total Investments in Securities	$	1,532,908,241	$	—	$	—	$	1,532,908,241

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(3,690,455	)	$	–	$	–	$	(3,690,455	)
Total Other Financial Instruments	$	(3,690,455	)	$	–	$	–	$	(3,690,455	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — 54.3%
BAHAMAS — 0.0%
Consumer Discretionary — 0.0%
OneSpaWorld Holdings ^*		15,293	$	153,542


BERMUDA — 0.2%
Energy — 0.0%
Teekay ^*		19,769		64,052
Teekay Tankers, Cl A ^*		6,714		107,491
				171,543


Financials — 0.1%
Bank of NT Butterfield & Son		14,174		453,993
SiriusPoint ^*		24,991		156,943
				610,936

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.1%
Triton International		19,023	$	1,162,115


TOTAL BERMUDA				1,944,594
CAMEROON — 0.1%
Energy — 0.1%
Golar LNG ^*		28,721		641,053


CANADA — 0.1%
Communication Services — 0.0%
Telesat ^*		1,865		20,962


Health Care — 0.0%
Portage Biotech ^*		1,492		8,266


Materials — 0.0%
Novagold Resources ^*		67,497		419,831
PolyMet Mining ^*		8,206		25,849
				445,680


Utilities — 0.1%
Brookfield Infrastructure, Cl A		17,904		1,269,752


TOTAL CANADA				1,744,660
CHILE — 0.0%
Communication Services — 0.0%
Liberty Latin America, Cl A ^*		11,563		106,842
Liberty Latin America, Cl C ^*		44,014		406,689


TOTAL CHILE				513,531
CHINA — 0.0%
Industrials — 0.0%
Textainer Group Holdings		13,428		450,375


GERMANY — 0.0%
Health Care — 0.0%
Affimed ^*		32,824		123,418

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Materials — 0.0%
Orion Engineered Carbons		17,158	$	259,086


TOTAL GERMANY				382,504
GHANA — 0.1%
Energy — 0.1%
Kosmos Energy ^*		127,550		862,238


GREECE — 0.0%
Industrials — 0.0%
Safe Bulkers		17,904		73,585


IRELAND — 0.0%
Health Care — 0.0%
Prothena ^*		10,444		304,547


Industrials — 0.0%
Cimpress ^*		4,849		244,923


TOTAL IRELAND				549,470
ISRAEL — 0.1%
Consumer Discretionary — 0.0%
NEOGAMES ^*		2,984		39,001


Health Care — 0.0%
Oramed Pharmaceuticals ^*		10,444		53,682


Information Technology — 0.1%
JFrog ^*		15,293		319,165
Sapiens International		8,952		208,044
				527,209


TOTAL ISRAEL				619,892
MONACO — 0.0%
Energy — 0.0%
Scorpio Tankers		13,801		341,299

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.0%
Costamare		14,920	$	200,077


TOTAL MONACO				541,376
NORWAY — 0.1%
Energy — 0.1%
Frontline ^*		35,062		292,067
SFL		35,062		347,815


TOTAL NORWAY				639,882
PANAMA — 0.0%
Financials — 0.0%
Banco Latinoamericano de Comercio Exterior, Cl E		8,952		129,714


PUERTO RICO — 0.1%
Financials — 0.1%
First Bancorp		56,500		768,965
OFG Bancorp		13,801		366,831
				1,135,796


Information Technology — 0.0%
EVERTEC		17,158		676,025


TOTAL PUERTO RICO				1,811,821
SINGAPORE — 0.1%
Information Technology — 0.1%
Kulicke & Soffa Industries		17,531		813,614


THAILAND — 0.1%
Information Technology — 0.1%
Fabrinet ^*		10,444		1,025,496


UNITED ARAB EMIRATES — 0.0%
Communication Services — 0.0%
Eros STX Global ^*		4,476		7,744

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.0%
Industrials — 0.0%
Luxfer Holdings		7,833	$	126,425


UNITED STATES — 53.3%
Communication Services — 1.5%
Advantage Solutions ^*		21,634		108,819
AMC Entertainment Holdings, Cl A ^*		146,589		2,242,812
AMC Networks, Cl A ^*		8,206		267,762
Anterix ^*		3,357		174,027
ATN International		2,984		117,868
Audacy, Cl A ^*		33,570		85,268
Bandwidth, Cl A ^*		6,714		148,514
Boston Omaha, Cl A ^*		5,968		124,373
Cardlytics ^*		9,325		318,262
Cargurus, Cl A ^*		27,229		889,844
Cars.com ^*		19,396		215,684
Chicken Soup For The Soul Entertainment, Cl A ^*		2,238		19,493
Cinemark Holdings ^*		30,586		485,094
Clear Channel Outdoor Holdings, Cl A ^*		103,305		254,130
Cogent Communications Holdings		11,936		698,256
comScore ^*		19,769		39,933
Consolidated Communications Holdings ^*		20,872		124,188
CuriosityStream ^*		7,460		15,144
Daily Journal ^*		12		3,086
Digital Media Solutions, Cl A ^*		746		2,051
EchoStar, Cl A ^*		10,444		243,867
Emerald Holding ^*		6,714		18,061
Entravision Communications, Cl A		17,158		88,707
Eventbrite, Cl A ^*		21,634		228,888
EverQuote, Cl A ^*		5,595		77,659
EW Scripps, Cl A ^*		16,412		270,142

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Fluent ^*		12,309	$	16,494
fuboTV ^*		38,419		145,608
Gannett ^*		39,911		160,043
Globalstar ^*		172,326		199,898
Gogo ^*		16,785		309,012
Gray Television		24,245		449,017
Hemisphere Media Group, Cl A ^*		4,476		17,412
IDT, Cl B ^*		4,103		108,647
iHeartMedia ^*		31,705		506,963
IMAX ^*		14,174		224,233
Integral Ad Science Holding ^*		9,325		110,128
Iridium Communications ^*		33,570		1,198,785
John Wiley & Sons, Cl A		12,309		626,405
Liberty Media -Liberty Braves, Cl A ^*		2,984		78,390
Liberty Media -Liberty Braves, Cl B ^*		10,444		262,249
Liberty TripAdvisor Holdings, Cl A ^*		20,515		30,772
Lions Gate Entertainment, Cl A ^*		16,412		221,398
Lions Gate Entertainment, Cl B ^*		33,570		421,975
LiveOne ^*		17,158		11,667
Madison Square Garden Entertainment ^*		7,460		546,445
Magnite ^*		36,927		356,346
Marcus ^*		6,341		99,744
MediaAlpha, Cl A ^*		5,968		87,968
National CineMedia		17,158		37,919
Ooma ^*		6,341		81,418
Outbrain ^*		6,714		60,426
QuinStreet ^*		14,174		134,795
Radius Global Infrastructure, Cl A ^*		20,515		254,796
Scholastic		7,833		288,646
Shenandoah Telecommunications		13,801		278,780
Sinclair Broadcast Group, Cl A		13,055		290,343
Society Pass ^*		1,119		2,249

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Stagwell ^*		17,531	$	118,860
TechTarget ^*		7,460		502,133
TEGNA		62,664		1,381,741
Telephone and Data Systems		28,721		526,169
Thryv Holdings ^*		2,238		57,808
TrueCar ^*		27,229		97,480
United States Cellular ^*		4,476		128,819
WideOpenWest ^*		14,920		299,146
Yelp, Cl A ^*		20,142		655,219
Ziff Davis ^*		12,309		1,087,623
				19,735,901


Consumer Discretionary — 5.7%
1-800-Flowers.com, Cl A ^*		7,460		76,092
1stdibs.com ^*		5,595		42,298
2U ^*		20,515		204,740
Aaron’s		8,952		183,785
Abercrombie & Fitch, Cl A ^*		16,039		554,629
Academy Sports & Outdoors		22,380		836,117
Accel Entertainment, Cl A ^*		16,039		189,741
Acushnet Holdings		9,698		395,097
Adient ^*		26,856		916,864
Adtalem Global Education ^*		14,174		415,440
aka Brands Holding ^*		2,611		9,217
American Axle & Manufacturing Holdings ^*		32,078		212,356
American Eagle Outfitters		43,268		653,779
American Outdoor Brands ^*		4,103		51,698
American Public Education ^*		5,222		101,516
America’s Car-Mart ^*		1,865		150,785
AMMO ^*		24,991		101,214
Arcimoto ^*		8,206		27,572
Arko		23,499		217,836
Asbury Automotive Group ^*		6,714		1,233,429

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Aterian ^*		7,460	$	38,270
Bally’s ^*		9,325		278,258
Barnes & Noble Education ^*		12,682		38,553
Bassett Furniture Industries		2,611		43,238
Beazer Homes USA ^*		8,206		123,746
Bed Bath & Beyond ^*		27,602		375,663
Big 5 Sporting Goods		5,968		86,357
Big Lots		8,579		265,091
Biglari Holdings, Cl B ^*		3		409
BJ’s Restaurants ^*		6,341		176,216
Bloomin’ Brands		24,991		549,552
Bluegreen Vacations Holding, Cl A		4,103		107,909
Boot Barn Holdings ^*		8,206		739,032
Brinker International ^*		12,682		460,737
Buckle		8,579		266,464
Caleres		10,444		239,481
Callaway Golf ^*		32,824		720,159
Camping World Holdings, Cl A		11,936		306,516
Canoo ^*		30,213		145,022
CarLotz ^*		20,319		18,041
CarParts.com ^*		13,801		82,668
Carriage Services, Cl A		4,476		191,976
Carrols Restaurant Group ^*		9,325		14,920
Cato, Cl A		5,595		75,812
Cavco Industries ^*		2,611		616,849
Century Casinos ^*		7,833		82,012
Century Communities		8,579		452,285
Cheesecake Factory		13,055		481,860
Chico’s FAS ^*		34,316		181,875
Children’s Place ^*		3,730		172,811
Chuy’s Holdings ^*		5,595		139,931
Citi Trends ^*		2,238		62,597

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Clarus		7,460	$	166,731
Conn’s ^*		5,222		81,724
Container Store Group ^*		8,952		68,483
Cooper-Standard Holdings ^*		4,849		22,354
Coursera ^*		20,888		392,903
Cracker Barrel Old Country Store		6,714		745,187
Crocs ^*		16,412		1,090,249
Dana		41,403		613,178
Dave & Buster’s Entertainment ^*		12,309		560,059
Denny’s ^*		17,531		224,747
Designer Brands, Cl A		17,158		237,124
Dillard’s, Cl A		1,492		453,285
Dine Brands Global		4,476		320,884
Dorman Products ^*		7,460		736,451
Drive Shack ^*		23,499		28,904
Duluth Holdings, Cl B ^*		3,357		41,123
El Pollo Loco Holdings ^*		5,579		59,416
Escalade		2,984		39,240
Ethan Allen Interiors		6,341		150,535
European Wax Center, Cl A ^*		3,730		102,388
Everi Holdings ^*		24,245		420,893
F45 Training Holdings ^*		8,952		78,688
Fiesta Restaurant Group ^*		4,849		32,973
First Watch Restaurant Group ^*		2,984		38,792
Fisker ^*		46,252		465,295
Flexsteel Industries		1,865		40,452
Fossil Group ^*		13,428		132,669
Fox Factory Holding ^*		11,936		977,320
Franchise Group		8,206		306,002
Full House Resorts ^*		9,325		84,391
Funko, Cl A ^*		7,460		121,523
GAN ^*		11,563		43,130

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Genesco ^*		4,103	$	254,509
Genius Brands International ^*		80,195		56,938
Gentherm ^*		9,325		628,692
G-III Apparel Group ^*		12,682		335,819
Golden Entertainment ^*		4,849		232,558
Goodyear Tire & Rubber ^*		78,330		1,043,356
GoPro, Cl A ^*		36,554		326,062
Graham Holdings, Cl B		1,119		662,862
Green Brick Partners ^*		8,579		169,006
Greenlane Holdings, Cl A ^*		5,222		1,802
Group 1 Automotive		4,849		844,405
Groupon, Cl A ^*		6,714		130,990
GrowGeneration ^*		15,666		92,586
Guess?		11,563		259,821
Hall of Fame Resort & Entertainment ^*		15,666		12,962
Hamilton Beach Brands Holding, Cl A		2,238		20,948
Haverty Furniture		4,476		111,139
Helen of Troy ^*		6,714		1,440,220
Hibbett		3,730		161,061
Hilton Grand Vacations ^*		24,245		1,135,393
Hooker Furnishings		3,357		56,599
Hovnanian Enterprises, Cl A ^*		1,492		68,662
Installed Building Products		6,714		540,276
International Game Technology		28,348		618,837
iRobot ^*		7,460		377,849
Jack in the Box		5,968		493,912
JOANN		3,357		35,047
Johnson Outdoors, Cl A		1,492		114,108
KB Home		22,737		737,361
Kirkland’s ^*		3,730		26,968
Kontoor Brands		14,547		577,952
Krispy Kreme		24,245		321,974

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Kura Sushi USA, Cl A ^*		1,119	$	56,151
Lands’ End ^*		4,103		57,524
Landsea Homes ^*		2,984		24,857
Latham Group ^*		12,309		147,708
Laureate Education, Cl A ^*		28,348		321,183
La-Z-Boy		12,666		332,862
Lazydays Holdings ^*		2,238		43,484
LCI Industries		7,087		689,707
Legacy Housing ^*		2,238		39,210
LGI Homes ^*		5,968		559,261
Life Time Group Holdings ^*		11,190		160,017
Lifetime Brands		3,730		47,073
Light & Wonder, Cl A ^*		27,229		1,526,458
Lindblad Expeditions Holdings ^*		8,579		131,344
Liquidity Services ^*		6,714		96,816
LL Flooring Holdings ^*		8,206		113,325
Lordstown Motors, Cl A ^*		44,014		95,951
Lovesac ^*		3,730		163,523
Lulu’s Fashion Lounge Holdings ^*		1,492		14,383
M/I Homes ^*		8,206		363,362
Macy’s		85,774		2,073,158
Malibu Boats, Cl A ^*		5,968		300,131
Marine Products		2,238		26,274
MarineMax ^*		5,968		244,211
MasterCraft Boat Holdings ^*		5,222		125,694
MDC Holdings		16,412		605,767
Meritage Homes ^*		10,444		862,152
Modine Manufacturing ^*		14,174		111,975
Monarch Casino & Resort ^*		3,730		261,660
Monro		9,325		426,432
Motorcar Parts of America ^*		5,222		79,427
Movado Group		4,476		161,002

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Murphy USA		6,714	$	1,568,390
Nathan’s Famous		746		35,338
National Vision Holdings ^*		23,499		884,737
Nautilus ^*		8,579		25,823
Noodles, Cl A ^*		11,563		64,406
ODP ^*		13,055		561,757
ONE Group Hospitality ^*		5,968		55,562
OneWater Marine, Cl A ^*		2,984		97,547
Overstock.com ^*		12,309		413,090
Oxford Industries		4,476		401,050
Papa John’s International		9,325		849,041
Party City Holdco ^*		31,332		96,816
Patrick Industries		6,341		394,727
Perdoceo Education ^*		20,142		225,188
PetMed Express		5,952		130,349
PlayAGS ^*		7,833		51,698
PLBY Group ^*		8,206		72,541
Porch Group ^*		21,634		80,046
Portillo’s, Cl A ^*		6,714		139,853
PowerSchool Holdings, Cl A ^*		12,309		186,358
Purple Innovation, Cl A ^*		16,412		67,617
Quotient Technology ^*		25,364		134,683
RCI Hospitality Holdings		2,611		161,778
RealReal ^*		22,753		123,321
Red Robin Gourmet Burgers ^*		4,476		59,038
Red Rock Resorts, Cl A		15,293		672,280
Regis ^*		12,293		16,596
Rent the Runway, Cl A ^*		4,849		30,743
Rent-A-Center, Cl A		18,650		449,838
Revolve Group, Cl A ^*		10,071		425,600
Rocky Brands		1,865		71,821
Rush Street Interactive ^*		14,920		94,742

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Ruth’s Hospitality Group		9,325	$	195,545
Sally Beauty Holdings ^*		31,332		473,740
SeaWorld Entertainment ^*		14,174		955,895
Shake Shack, Cl A ^*		10,801		624,622
Shift Technologies ^*		17,158		22,992
Shoe Carnival		4,849		146,391
Shutterstock		6,714		508,384
Signet Jewelers		14,920		1,047,384
Skyline Champion ^*		14,920		761,517
Sleep Number ^*		6,341		257,191
Smith & Wesson Brands		13,428		184,366
Snap One Holdings ^*		5,222		62,403
Solo Brands, Cl A ^*		4,103		24,495
Sonic Automotive, Cl A		5,968		253,938
Sonos ^*		36,554		834,162
Sportsman’s Warehouse Holdings ^*		12,309		118,289
Standard Motor Products		5,968		254,714
Steven Madden		22,753		934,238
Stitch Fix, Cl A ^*		23,126		219,697
StoneMor ^*		8,952		21,216
Stoneridge ^*		7,460		147,037
Strategic Education		7,087		457,820
Stride ^*		11,936		469,085
Sturm Ruger		4,849		330,459
Superior Group		3,357		53,376
Sweetgreen, Cl A ^*		3,357		90,639
Target Hospitality ^*		7,087		44,365
Taylor Morrison Home, Cl A ^*		33,943		888,967
Tenneco, Cl A ^*		19,396		333,029
Texas Roadhouse, Cl A		19,769		1,627,582
Tilly’s, Cl A ^*		6,341		55,928
Torrid Holdings ^*		5,222		30,601

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Traeger ^*		8,952	$	53,622
TravelCenters of America ^*		3,714		141,169
Tri Pointe Homes ^*		31,332		647,632
Tupperware Brands ^*		13,801		242,622
Udemy ^*		4,103		44,764
Unifi ^*		4,103		60,191
Universal Electronics ^*		3,730		110,035
Urban Outfitters ^*		19,396		461,625
Vera Bradley ^*		7,460		45,879
Vista Outdoor ^*		16,039		565,054
Visteon ^*		7,833		820,193
Vivint Smart Home ^*		26,110		136,816
VOXX International, Cl A ^*		4,476		33,883
Vuzix ^*		16,785		86,778
Weber, Cl A		5,968		52,399
Wingstop		8,579		787,209
Winmark		1,119		227,381
Winnebago Industries		9,325		495,904
Wolverine World Wide		23,126		458,357
Workhorse Group ^*		43,641		131,359
WW International ^*		14,920		146,067
XL Fleet ^*		33,943		47,520
Xometry, Cl A ^*		7,087		232,595
XPEL ^*		5,222		225,956
Xponential Fitness, Cl A ^*		3,357		69,557
Zumiez ^*		5,595		204,945
				72,740,317


Consumer Staples — 2.1%
22nd Century Group ^*		45,863		87,598
Andersons		8,952		449,659
AppHarvest ^*		19,769		81,251
B&G Foods		18,277		492,200

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Beauty Health ^*		24,618	$	322,496
BellRing Brands ^*		32,078		687,432
BJ’s Wholesale Club Holdings ^*		38,792		2,496,265
Calavo Growers		4,849		175,728
Cal-Maine Foods		11,563		621,280
Celsius Holdings ^*		15,293		795,236
Central Garden & Pet ^*		2,968		129,969
Central Garden & Pet, Cl A ^*		11,190		463,042
Chefs’ Warehouse ^*		8,952		327,643
Coca-Cola Consolidated		1,492		658,718
Duckhorn Portfolio ^*		10,071		195,579
Edgewell Personal Care		15,293		583,275
elf Beauty ^*		13,801		335,778
Energizer Holdings		19,023		576,207
Fresh Del Monte Produce		9,698		252,633
HF Foods Group ^*		10,801		63,078
Honest ^*		24,245		96,010
Hostess Brands, Cl A ^*		39,165		888,654
Ingles Markets, Cl A		4,103		382,071
Inter Parfums		5,222		426,794
J & J Snack Foods		4,103		614,219
John B Sanfilippo & Son		2,611		202,718
Laird Superfood ^*		1,865		5,614
Lancaster Colony		5,222		810,350
Landec ^*		7,460		74,227
Limoneira		4,476		53,444
MedAvail Holdings ^*		3,357		5,573
Medifast		3,357		598,755
MGP Ingredients		4,103		374,727
Mission Produce ^*		10,444		132,848
National Beverage ^*		6,714		295,953
Natural Grocers by Vitamin Cottage		2,611		53,238

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Nature’s Sunshine Products ^*		3,357	$	55,592
NewAge ^*		38,046		15,066
Nu Skin Enterprises, Cl A		14,174		604,379
Oil-Dri Corp of America		1,492		37,225
Performance Food Group ^*		42,895		2,112,579
PriceSmart		7,087		563,062
Primo Water		44,760		655,286
Revlon, Cl A ^*		1,865		11,414
Rite Aid ^*		15,666		99,792
Sanderson Farms		5,595		1,059,525
Seneca Foods, Cl A ^*		1,865		101,176
Simply Good Foods ^*		24,245		1,009,804
Sovos Brands ^*		7,460		112,646
SpartanNash		10,071		345,234
Sprouts Farmers Market ^*		32,078		955,924
Tattooed Chef ^*		13,428		107,290
Thorne HealthTech ^*		1,865		12,496
Tootsie Roll Industries		4,476		156,794
TreeHouse Foods ^*		14,920		469,980
Turning Point Brands		4,103		128,793
United Natural Foods ^*		16,412		704,567
Universal		6,714		388,405
USANA Health Sciences ^*		3,357		257,348
Utz Brands		17,142		242,045
Vector Group		40,657		517,157
Veru ^*		18,277		214,206
Village Super Market, Cl A		2,238		51,899
Vita Coco ^*		3,357		36,457
Vital Farms ^*		7,087		81,501
WD-40		3,730		686,245
Weis Markets		4,849		387,338
Whole Earth Brands ^*		10,444		72,168

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Zevia PBC, Cl A ^*		2,984	$	10,265
				27,073,920


Energy — 3.7%
Aemetis ^*		7,833		71,515
Alto Ingredients ^*		20,142		116,219
Antero Resources ^*		81,314		2,862,253
Arch Resources		4,476		744,717
Archrock		38,419		334,630
Berry		19,023		208,682
Brigham Minerals, Cl A		12,309		305,017
Bristow Group ^*		6,714		200,212
Cactus, Cl A		15,666		782,203
California Resources		23,126		929,896
Callon Petroleum ^*		13,801		707,577
Centennial Resource Development, Cl A ^*		52,220		404,183
Centrus Energy, Cl A ^*		2,611		72,481
ChampionX		57,442		1,212,026
Chesapeake Energy		29,840		2,447,477
Civitas Resources		12,309		721,554
Clean Energy Fuels ^*		44,014		257,922
CNX Resources ^*		57,069		1,172,768
Comstock Resources ^*		26,110		444,653
CONSOL Energy ^*		9,698		461,140
Crescent Energy, Cl A		8,206		128,916
CVR Energy		8,579		215,076
Delek US Holdings ^*		18,650		451,330
Denbury ^*		14,174		906,853
DHT Holdings		39,911		224,300
DMC Global ^*		5,595		111,844
Dorian LPG		8,952		131,773
Dril-Quip ^*		10,071		290,851
Earthstone Energy, Cl A ^*		8,579		115,731

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Energy Fuels ^*		44,014	$	330,545
Equitrans Midstream		116,003		911,784
Expro Group Holdings ^*		13,055		199,480
Falcon Minerals		11,190		76,092
Gevo ^*		56,323		208,958
Green Plains ^*		13,428		376,924
Helix Energy Solutions Group ^*		40,657		167,100
Helmerich & Payne		29,094		1,339,197
HighPeak Energy		1,492		40,747
International Seaways		13,055		275,852
Kinetik Holdings, Cl A		746		53,078
Laredo Petroleum ^*		3,730		265,613
Liberty Energy, Cl A ^*		26,467		427,177
Magnolia Oil & Gas, Cl A		41,030		953,537
Matador Resources		31,332		1,529,628
Murphy Oil		41,776		1,590,830
Nabors Industries ^*		1,865		288,366
National Energy Services Reunited ^*		10,817		72,366
Newpark Resources ^*		25,737		89,822
NexTier Oilfield Solutions ^*		49,236		543,073
Nordic American Tankers		47,744		122,225
Northern Oil and Gas		17,531		437,924
Oasis Petroleum		5,595		742,233
Oceaneering International ^*		28,348		321,183
Oil States International ^*		17,158		115,988
Ovintiv		74,584		3,817,955
Par Pacific Holdings ^*		12,682		186,045
Patterson-UTI Energy		52,966		870,761
PBF Energy, Cl A ^*		27,229		791,275
PDC Energy		27,602		1,924,964
Peabody Energy ^*		25,364		574,241
ProPetro Holding ^*		24,618		348,099

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Range Resources ^*		67,886	$	2,032,507
Ranger Oil, Cl A ^*		5,968		190,081
Renewable Energy Group ^*		12,682		774,363
REX American Resources ^*		1,492		126,268
Riley Exploration Permian		2,984		69,318
RPC ^*		19,023		196,698
Select Energy Services, Cl A ^*		18,277		141,830
SM Energy		33,943		1,205,995
Solaris Oilfield Infrastructure, Cl A		8,952		100,710
Southwestern Energy ^*		288,686		2,165,145
Talos Energy ^*		10,444		189,767
Tellurian ^*		105,186		523,826
TETRA Technologies ^*		34,689		127,656
Tidewater ^*		11,563		230,797
Uranium Energy ^*		74,973		318,635
Ur-Energy ^*		52,593		72,578
US Silica Holdings ^*		20,888		388,099
W&T Offshore ^*		26,483		126,059
Whiting Petroleum		11,190		817,430
World Fuel Services		17,888		433,247
				47,257,870


Financials — 8.5%
1st Source		4,849		209,816
AFC Gamma ^‡		4,103		65,689
Alerus Financial		4,103		104,832
Allegiance Bancshares		5,579		227,958
Amalgamated Financial		3,730		65,611
A-Mark Precious Metals ^*		2,611		205,747
Ambac Financial Group ^*		13,055		100,915
Amerant Bancorp, Cl A		7,460		198,361
American Equity Investment Life Holding		23,499		886,382
American National Bankshares		2,984		103,664

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
American National Group		2,238	$	422,109
Ameris Bancorp		19,023		793,259
AMERISAFE		5,595		259,328
Angel Oak Mortgage ^‡		2,611		42,194
Apollo Commercial Real Estate Finance ^‡		39,911		480,528
Arbor Realty Trust ^‡		41,030		701,613
Ares Commercial Real Estate ^‡		12,309		185,497
Argo Group International Holdings		8,952		383,146
ARMOUR Residential ^‡		25,364		186,172
Arrow Financial		4,103		128,424
Artisan Partners Asset Management, Cl A		16,785		539,470
AssetMark Financial Holdings ^*		5,222		100,419
Associated Banc-Corp		42,149		840,873
Associated Capital Group		373		14,771
Atlantic Union Bankshares		21,261		718,197
Atlanticus Holdings ^*		1,492		64,216
Axos Financial ^*		16,039		607,557
B Riley Financial		5,595		252,670
Banc of California		15,666		282,615
BancFirst		4,849		396,406
Bancorp ^*		14,920		338,535
Bank First		1,865		131,856
Bank of Marin Bancorp		4,476		139,920
BankUnited		24,245		910,157
Banner		9,698		520,783
Bar Harbor Bankshares		4,103		107,129
Berkshire Hills Bancorp		13,801		341,437
BGC Partners, Cl A		89,893		326,312
Blackstone Mortgage Trust, Cl A ^‡		44,760		1,344,590
Blucora ^*		13,801		279,470
Blue Foundry Bancorp ^*		7,833		98,852
Blue Ridge Bankshares		4,849		70,650

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Bridgewater Bancshares ^*		5,968	$	95,607
Bright Health Group ^*		73,481		132,266
Brightsphere Investment Group		9,325		186,873
BrightSpire Capital, Cl A ^‡		23,872		202,912
Broadmark Realty Capital ^‡		36,554		285,487
Brookline Bancorp		21,634		312,828
BRP Group, Cl A ^*		13,428		310,455
Business First Bancshares		5,595		123,985
Byline Bancorp		7,087		166,261
Cadence Bank		51,474		1,288,909
Cambridge Bancorp		1,865		152,389
Camden National		4,103		183,609
Cannae Holdings ^*		24,229		542,730
Capital Bancorp		2,238		50,377
Capital City Bank Group		3,730		95,525
Capitol Federal Financial		36,927		355,607
Capstar Financial Holdings		5,968		120,255
Carter Bankshares ^*		7,460		122,046
Cathay General Bancorp		20,515		822,446
CBTX		5,222		148,931
Central Pacific Financial		7,833		189,402
Chicago Atlantic Real Estate Finance		1,865		33,178
Chimera Investment ^‡		66,767		669,005
Citizens, Cl A ^*		14,174		42,380
Citizens & Northern		4,476		104,783
City Holding		4,103		317,490
Civista Bancshares		4,103		85,424
CNB Financial		4,476		111,229
CNO Financial Group		33,943		819,384
Coastal Financial ^*		2,984		122,463
Cohen & Steers		7,087		550,589
Columbia Banking System		22,380		628,430

The accompanying notes are an integral part of the financial statements.

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Columbia Financial ^*		11,190	$	212,051
Community Bank System		15,293		984,869
Community Trust Bancorp		4,476		178,190
ConnectOne Bancorp		10,444		290,970
Cowen, Cl A		7,460		170,461
Crawford, Cl A		4,476		34,913
CrossFirst Bankshares ^*		13,055		167,235
Curo Group Holdings		5,968		70,064
Customers Bancorp ^*		8,579		360,919
CVB Financial		38,792		892,992
Diamond Hill Investment Group		746		125,604
Dime Community Bancshares		9,698		304,905
Donegal Group, Cl A		4,103		55,514
Donnelley Financial Solutions ^*		8,206		240,190
Dynex Capital ^‡		10,071		163,452
Eagle Bancorp		8,952		450,733
Eastern Bankshares		48,863		936,215
eHealth ^*		7,087		57,050
Ellington Financial ^‡		15,293		247,594
Employers Holdings		7,833		308,150
Enact Holdings		4,103		96,749
Encore Capital Group ^*		7,087		409,699
Enova International ^*		10,444		390,606
Enstar Group ^*		3,357		791,413
Enterprise Bancorp		2,611		88,643
Enterprise Financial Services		9,698		428,361
Equity Bancshares, Cl A		3,730		113,877
Essent Group		30,943		1,254,120
EZCORP, Cl A ^*		14,174		99,218
Farmers National Banc		8,952		137,145
FB Financial		9,325		359,292
Federal Agricultural Mortgage, Cl C		2,611		267,445

The accompanying notes are an integral part of the financial statements.

100

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Federated Hermes, Cl B		26,483	$	754,236
Fidelity D&D Bancorp		1,119		41,593
Finance of America, Cl A ^*		5,222		11,802
Financial Institutions		4,476		124,612
First Bancorp		2,984		84,000
First Bancorp		9,698		363,287
First Bancshares		5,595		180,103
First Bank		4,476		63,828
First Busey		14,174		318,490
First Commonwealth Financial		26,856		362,019
First Community Bankshares		4,849		129,129
First Financial		3,357		143,075
First Financial Bancorp		26,483		541,577
First Financial Bankshares		36,927		1,476,341
First Foundation		14,174		314,946
First Internet Bancorp		2,611		100,497
First Interstate BancSystem, Cl A		24,991		812,707
First Merchants		16,412		643,186
First Mid Bancshares		4,849		174,758
First of Long Island		6,341		106,402
FirstCash Holdings		11,190		892,738
Five Star Bancorp		3,357		83,757
Flagstar Bancorp		14,920		526,676
Flushing Financial		8,206		176,429
Focus Financial Partners, Cl A ^*		18,634		735,111
Franklin BSP Realty Trust ^‡		10,071		133,541
FS Bancorp		1,865		54,812
Fulton Financial		45,133		684,668
GAMCO Investors, Cl A		1,492		29,795
GCM Grosvenor		12,682		104,627
Genworth Financial, Cl A ^*		143,978		534,158
German American Bancorp		7,087		248,754

The accompanying notes are an integral part of the financial statements.

101

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Glacier Bancorp		31,332	$	1,433,752
Goosehead Insurance, Cl A ^*		5,222		300,213
Granite Point Mortgage Trust ^‡		15,293		148,801
Great Ajax ^‡		6,341		59,035
Great Southern Bancorp		2,984		169,312
Green Dot, Cl A ^*		15,293		404,959
Greenhill		4,103		49,687
Greenlight Capital Re, Cl A ^*		7,460		51,325
Guaranty Bancshares		2,238		76,987
Hamilton Lane, Cl A		10,071		690,669
Hancock Whitney		24,618		1,151,384
Hanmi Financial		8,579		198,604
Hannon Armstrong Sustainable Infrastructure Capital ^‡		21,634		865,144
HarborOne Bancorp		13,428		179,801
HBT Financial		2,984		51,265
HCI Group		1,492		95,622
Heartland Financial USA		11,563		506,113
Heritage Commerce		16,769		188,316
Heritage Financial		9,698		234,886
Heritage Insurance Holdings		7,460		31,780
Hilltop Holdings		17,531		446,865
Hingham Institution For Savings The		373		120,505
Home Bancorp		2,238		85,783
Home BancShares		43,268		935,454
Home Point Capital		2,238		6,087
HomeStreet		5,595		227,101
HomeTrust Bancshares		4,103		110,904
Hope Bancorp		32,824		469,383
Horace Mann Educators		11,936		475,650
Horizon Bancorp		12,309		215,161
Houlihan Lokey, Cl A		14,547		1,211,620

The accompanying notes are an integral part of the financial statements.

102

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Independent Bank		13,055	$	1,007,324
Independent Bank		5,968		117,808
Independent Bank Group		10,444		708,103
International Bancshares		15,293		608,508
Invesco Mortgage Capital ^‡		89,147		155,116
Investors Title		11		2,064
James River Group Holdings		10,444		247,627
Kearny Financial		18,650		221,189
Kinsale Capital Group		5,968		1,323,046
KKR Real Estate Finance Trust ^‡		10,071		191,349
Ladder Capital, Cl A ^‡		32,435		369,435
Lakeland Bancorp		17,531		263,491
Lakeland Financial		7,087		516,075
LendingClub ^*		28,348		432,307
LendingTree ^*		3,357		266,613
Live Oak Bancshares		8,952		378,938
Luther Burbank		4,476		59,397
Macatawa Bank		7,460		65,275
Maiden Holdings ^*		19,769		43,887
MBIA ^*		13,785		165,971
Mercantile Bank		4,476		140,546
Merchants Bancorp		4,103		96,503
Meta Financial Group		8,206		358,192
Metrocity Bankshares		5,222		106,424
MetroMile ^*		32,451		31,847
Metropolitan Bank Holding ^*		2,984		265,725
MFA Financial ^‡		31,332		446,481
Mid Penn Bancorp		4,103		105,981
Midland States Bancorp		5,968		157,316
MidWestOne Financial Group		4,103		122,598
Moelis, Cl A		17,531		775,922
Mr Cooper Group ^*		17,531		788,369

The accompanying notes are an integral part of the financial statements.

103

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
MVB Financial		2,984	$	119,539
National Bank Holdings, Cl A		8,206		299,601
National Western Life Group, Cl A		746		148,275
Navient		42,895		681,602
NBT Bancorp		11,936		420,147
Nelnet, Cl A		4,849		397,957
New York Mortgage Trust ^‡		107,797		347,106
NI Holdings ^*		2,611		41,384
Nicolet Bankshares ^*		3,357		273,193
NMI Holdings, Cl A ^*		23,872		438,767
Northfield Bancorp		12,666		165,798
Northrim BanCorp		1,492		59,784
Northwest Bancshares		34,689		439,857
OceanFirst Financial		16,412		307,397
Ocwen Financial ^*		2,238		46,550
Old National Bancorp		83,552		1,266,648
Old Second Bancorp		7,833		107,860
Open Lending, Cl A ^*		29,467		401,930
Oportun Financial ^*		5,968		69,169
Oppenheimer Holdings, Cl A		2,611		84,126
Orchid Island Capital, Cl A ^‡		38,419		106,805
Origin Bancorp		6,341		238,929
Orrstown Financial Services		2,984		70,363
Pacific Premier Bancorp		26,483		830,507
Palomar Holdings ^*		7,087		385,887
Park National		4,103		483,539
PCSB Financial		3,730		68,334
Peapack-Gladstone Financial		4,849		150,271
PennyMac Financial Services		8,579		416,596
PennyMac Mortgage Investment Trust ^‡		27,975		429,137
Peoples Bancorp		7,087		194,326
Peoples Financial Services		1,865		92,579

The accompanying notes are an integral part of the financial statements.

104

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Pioneer Bancorp ^*		3,357	$	34,913
Piper Sandler		4,849		557,538
PJT Partners		6,714		443,057
PRA Group ^*		12,309		517,347
Preferred Bank		3,730		250,358
Premier Financial		10,071		267,284
Primis Financial		6,714		91,646
ProAssurance		15,293		375,749
PROG Holdings ^*		16,039		424,552
Provident Bancorp		4,476		71,258
Provident Financial Services		21,261		470,506
Pzena Investment Management, Cl A		4,849		30,500
QCR Holdings		4,849		263,252
Radian Group		51,101		1,093,050
RBB Bancorp		4,103		87,763
Ready Capital ^‡		19,023		277,165
Red River Bancshares		1,119		60,706
Redwood Trust ^‡		32,451		314,775
Regional Management		2,238		96,346
Renasant		15,666		466,690
Republic Bancorp, Cl A		2,611		108,826
Republic First Bancorp ^*		12,682		53,138
RLI		11,190		1,284,388
S&T Bancorp		11,174		315,777
Safety Insurance Group		4,103		353,022
Sandy Spring Bancorp		12,682		498,022
Sculptor Capital Management, Cl A		6,341		66,327
Seacoast Banking Corp of Florida		15,666		509,145
Selective Insurance Group		16,785		1,382,413
Selectquote ^*		38,046		78,375
ServisFirst Bancshares		14,174		1,138,456
Sierra Bancorp		4,103		89,240

The accompanying notes are an integral part of the financial statements.

105

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Silvergate Capital, Cl A ^*		7,833	$	916,148
Simmons First National, Cl A		35,435		845,833
SmartFinancial		4,103		100,606
South Plains Financial		2,984		72,064
Southern First Bancshares ^*		2,238		102,277
Southern Missouri Bancorp		2,238		94,444
Southside Bancshares		8,952		350,829
SouthState		22,007		1,704,222
StepStone Group, Cl A		13,055		334,469
Stewart Information Services		7,460		384,936
Stock Yards Bancorp		6,714		351,008
StoneX Group ^*		4,849		328,665
Summit Financial Group		2,984		81,314
Texas Capital Bancshares ^*		14,547		747,134
Third Coast Bancshares ^*		1,119		25,368
Tiptree		6,639		77,212
Tompkins Financial		4,103		299,519
Towne Bank		19,023		524,464
TPG RE Finance Trust ^‡		17,158		181,017
Trean Insurance Group ^*		4,849		24,342
TriCo Bancshares		7,833		294,129
TriState Capital Holdings ^*		8,206		247,903
Triumph Bancorp ^*		6,714		466,220
Trupanion ^*		10,817		688,178
TrustCo Bank NY		5,222		162,665
Trustmark		17,531		488,764
Two Harbors Investment ^‡		97,726		470,062
UMB Financial		12,309		1,110,026
United Bankshares		37,300		1,240,598
United Community Banks		29,840		899,378
United Fire Group		5,968		174,803
United Insurance Holdings		5,595		12,813

The accompanying notes are an integral part of the financial statements.

106

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Universal Insurance Holdings		7,833	$	98,382
Univest Financial		8,206		206,791
Valley National Bancorp		113,765		1,362,905
Value Line		1		65
Velocity Financial ^*		2,611		27,938
Veritex Holdings		13,428		441,110
Virtus Investment Partners		2,238		396,484
Walker & Dunlop		8,206		982,751
Washington Federal		18,277		556,169
Washington Trust Bancorp		4,849		227,612
Waterstone Financial		5,968		95,846
WesBanco		17,158		553,174
West BanCorp		4,476		111,900
Westamerica BanCorp		7,460		439,543
WisdomTree Investments		38,403		223,889
World Acceptance ^*		1,119		211,166
WSFS Financial		18,277		732,359
				109,048,314


Health Care — 8.3%
1Life Healthcare ^*		32,824		231,409
2seventy bio ^*		6,714		90,370
4D Molecular Therapeutics ^*		7,833		93,291
89bio ^*		2,984		6,475
9 Meters Biopharma ^*		64,156		26,804
Absci ^*		15,666		92,586
ACADIA Pharmaceuticals ^*		33,943		625,909
Accelerate Diagnostics ^*		9,325		8,952
Accolade ^*		14,547		80,881
Accuray ^*		26,110		69,453
Aclaris Therapeutics ^*		14,547		179,219
Acumen Pharmaceuticals ^*		8,206		31,675
Acutus Medical ^*		5,595		7,162

The accompanying notes are an integral part of the financial statements.

107

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Adagio Therapeutics ^*		16,785	$	48,005
AdaptHealth, Cl A ^*		20,515		259,720
Addus HomeCare ^*		4,476		377,237
Adicet Bio ^*		7,460		109,960
Adverum Biotechnologies ^*		24,618		26,341
Aeglea BioTherapeutics ^*		11,563		16,651
Aerie Pharmaceuticals ^*		11,936		84,865
Aerovate Therapeutics ^*		3,730		47,558
Agenus ^*		62,291		115,238
Agiliti ^*		6,714		132,534
Agios Pharmaceuticals ^*		15,293		335,987
AirSculpt Technologies ^*		1,865		19,527
Akebia Therapeutics ^*		49,609		20,598
Akero Therapeutics ^*		7,460		78,255
Akouos ^*		6,714		18,799
Akoya Biosciences ^*		3,730		35,099
Alaunos Therapeutics ^*		59,664		31,705
Albireo Pharma ^*		4,849		154,295
Aldeyra Therapeutics ^*		13,801		42,369
Alector ^*		16,412		157,555
Alignment Healthcare ^*		22,380		215,072
Aligos Therapeutics ^*		5,968		7,042
Alkermes ^*		45,506		1,312,848
Allakos ^*		10,071		37,968
Allogene Therapeutics ^*		19,396		161,957
Allovir ^*		8,206		37,337
Allscripts Healthcare Solutions ^*		34,673		716,344
Alpha Teknova ^*		1,865		20,944
Alphatec Holdings ^*		20,142		218,541
Alpine Immune Sciences ^*		3,357		30,884
Altimmune ^*		11,190		50,579
ALX Oncology Holdings ^*		4,849		61,970

The accompanying notes are an integral part of the financial statements.

108

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
American Well, Cl A ^*		51,847	$	162,281
Amicus Therapeutics ^*		74,600		528,168
AMN Healthcare Services ^*		13,428		1,312,587
Amneal Pharmaceuticals ^*		28,348		109,423
Amphastar Pharmaceuticals ^*		10,444		370,449
Ampio Pharmaceuticals ^*		55,204		12,708
Amylyx Pharmaceuticals ^*		2,611		23,499
AnaptysBio ^*		5,595		130,923
Anavex Life Sciences ^*		19,023		163,408
AngioDynamics ^*		10,817		227,698
Angion Biomedica ^*		6,341		7,926
ANI Pharmaceuticals ^*		2,984		88,058
Anika Therapeutics ^*		4,103		88,338
Annexon ^*		8,952		22,828
Antares Pharma ^*		47,371		263,620
Apellis Pharmaceuticals ^*		22,364		973,505
Apollo Medical Holdings ^*		10,817		394,604
Applied Molecular Transport ^*		7,087		30,403
Applied Therapeutics ^*		4,849		9,553
Apyx Medical ^*		8,952		33,749
AquaBounty Technologies ^*		18,650		24,991
Arbutus Biopharma ^*		25,737		59,967
Arcellx ^*		2,611		28,538
Arcturus Therapeutics Holdings ^*		5,968		115,660
Arcus Biosciences ^*		12,682		307,031
Arcutis Biotherapeutics ^*		7,833		158,148
Ardelyx ^*		27,602		22,714
Arrowhead Pharmaceuticals ^*		29,094		1,196,054
Artivion ^*		10,817		219,477
Arvinas ^*		13,428		738,137
Asensus Surgical ^*		66,394		30,096
Aspira Women’s Health ^*		20,515		13,056

The accompanying notes are an integral part of the financial statements.

109

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Atara Biotherapeutics ^*		24,618	$	156,570
Atea Pharmaceuticals ^*		18,277		107,286
Athenex ^*		24,618		11,817
Athersys ^*		60,426		29,615
Athira Pharma ^*		9,325		95,954
Atossa Therapeutics ^*		33,197		33,529
Atreca, Cl A ^*		7,460		14,622
AtriCure ^*		12,682		658,576
Atrion		373		233,729
Aura Biosciences ^*		1,492		25,304
Avalo Therapeutics ^*		17,531		7,202
Avanos Medical ^*		13,801		402,437
Aveanna Healthcare Holdings ^*		11,190		32,675
Avid Bioservices ^*		17,158		230,947
Avidity Biosciences ^*		10,817		154,683
Avita Medical ^*		6,714		40,955
Avrobio ^*		10,817		9,983
Axogen ^*		10,817		78,315
Axonics ^*		13,055		676,510
Axsome Therapeutics ^*		7,833		248,698
Beam Therapeutics ^*		14,547		545,949
Berkeley Lights ^*		13,801		68,660
Beyondspring ^*		6,341		9,638
BioAtla ^*		4,476		15,576
BioCryst Pharmaceuticals ^*		51,101		474,728
Biodesix ^*		4,103		6,606
Biohaven Pharmaceutical Holding ^*		15,666		1,396,937
BioLife Solutions ^*		2,984		37,807
Biomea Fusion ^*		6,325		18,975
Bionano Genomics ^*		82,806		134,974
Bioventus, Cl A ^*		7,833		94,231
Bioxcel Therapeutics ^*		4,849		63,570

The accompanying notes are an integral part of the financial statements.

110

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Black Diamond Therapeutics ^*		6,341	$	15,409
Bluebird Bio ^*		19,023		69,053
Blueprint Medicines ^*		16,785		979,405
Bolt Biotherapeutics ^*		6,341		9,892
Bridgebio Pharma ^*		30,213		242,308
Brookdale Senior Living ^*		52,593		325,025
Brooklyn ImmunoTherapeutics ^*		8,579		9,008
Butterfly Network ^*		38,046		126,693
C4 Therapeutics ^*		10,817		92,702
Cara Therapeutics ^*		12,682		110,587
Cardiff Oncology ^*		10,817		14,495
Cardiovascular Systems ^*		11,190		209,253
CareDx ^*		14,531		442,324
Caribou Biosciences ^*		14,547		107,648
Cassava Sciences ^*		10,817		225,751
Castle Biosciences ^*		5,968		133,325
Catalyst Pharmaceuticals ^*		27,602		210,327
Celcuity ^*		2,611		17,024
Celldex Therapeutics ^*		13,055		398,830
CEL-SCI ^*		10,071		28,803
Century Therapeutics ^*		4,849		58,285
Cerevel Therapeutics Holdings ^*		11,563		338,565
Cerus ^*		47,744		220,577
ChemoCentryx ^*		15,293		282,309
Chimerix ^*		20,888		91,907
Chinook Therapeutics ^*		11,563		174,948
ChromaDex ^*		13,428		25,379
CinCor Pharma ^*		3,357		79,863
Citius Pharmaceuticals ^*		35,062		35,413
ClearPoint Neuro ^*		5,399		46,269
Clene ^*		5,968		15,457
Clovis Oncology ^*		32,078		64,156

The accompanying notes are an integral part of the financial statements.

111

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Codex DNA ^*		2,611	$	9,661
Codexis ^*		17,158		206,411
Codiak Biosciences ^*		4,476		13,249
Cogent Biosciences ^*		10,444		67,050
Coherus Biosciences ^*		18,277		165,224
Collegium Pharmaceutical ^*		9,698		156,138
Community Health Systems ^*		35,435		271,786
Computer Programs and Systems ^*		4,103		130,968
CONMED		8,206		1,091,070
Convey Health Solutions Holdings ^*		3,730		18,986
Corcept Therapeutics ^*		24,991		537,556
CorMedix ^*		10,817		37,210
Cortexyme ^*		5,595		20,478
CorVel ^*		2,611		404,914
Covetrus ^*		29,467		406,645
Crinetics Pharmaceuticals ^*		13,055		265,278
Cross Country Healthcare ^*		10,071		188,731
CryoPort ^*		11,563		260,861
Cue Biopharma ^*		8,579		33,973
Cue Health ^*		4,103		27,490
Cullinan Oncology ^*		7,460		73,183
Curis ^*		24,618		22,493
Cutera ^*		4,849		263,349
CVRx ^*		2,984		18,590
Cymabay Therapeutics ^*		24,245		55,036
Cyteir Therapeutics ^*		5,222		11,749
Cytek Biosciences ^*		27,602		260,839
Cytokinetics ^*		22,380		892,291
CytomX Therapeutics ^*		18,277		31,254
CytoSorbents ^*		11,563		24,282
DarioHealth ^*		3,730		18,501
Day One Biopharmaceuticals ^*		6,341		54,025

The accompanying notes are an integral part of the financial statements.

112

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Deciphera Pharmaceuticals ^*		11,190	$	113,243
Denali Therapeutics ^*		25,737		612,541
DermTech ^*		6,714		57,405
Design Therapeutics ^*		7,460		89,072
DICE Therapeutics ^*		4,103		83,373
Durect ^*		64,156		28,870
Dynavax Technologies ^*		30,586		270,074
Dyne Therapeutics ^*		8,579		68,460
Eagle Pharmaceuticals ^*		3,357		148,144
Eargo ^*		8,579		32,429
Edgewise Therapeutics ^*		10,817		86,320
Editas Medicine, Cl A ^*		19,396		256,803
Eiger BioPharmaceuticals ^*		8,952		61,500
Eliem Therapeutics ^*		1,865		5,893
Emergent BioSolutions ^*		13,801		446,876
Enanta Pharmaceuticals ^*		5,595		360,318
Endo International ^*		65,259		130,518
Ensign Group		14,920		1,198,524
Entrada Therapeutics ^*		2,984		17,844
Epizyme ^*		40,657		26,240
Erasca ^*		18,277		133,057
Esperion Therapeutics ^*		16,412		93,220
Evelo Biosciences ^*		8,579		21,190
Evolent Health, Cl A ^*		22,753		626,163
Evolus ^*		9,325		104,347
Exagen ^*		2,984		18,202
EyePoint Pharmaceuticals ^*		7,087		80,083
Fate Therapeutics ^*		23,126		660,479
FibroGen ^*		24,618		228,947
Finch Therapeutics Group ^*		2,238		5,662
Foghorn Therapeutics ^*		5,595		64,846
Forian ^*		5,222		17,755

The accompanying notes are an integral part of the financial statements.

113

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Forma Therapeutics Holdings ^*		9,698	$	73,317
Forte Biosciences ^*		3,357		3,861
Fortress Biotech ^*		20,888		22,977
Frequency Therapeutics ^*		9,325		12,122
Fulcrum Therapeutics ^*		7,833		75,353
Fulgent Genetics ^*		5,968		327,524
G1 Therapeutics ^*		11,190		57,517
Gemini Therapeutics, Cl A ^*		6,341		9,575
Generation Bio ^*		12,309		77,916
Geron ^*		86,536		122,016
Glaukos ^*		13,055		617,371
Global Blood Therapeutics ^*		17,531		538,202
Gossamer Bio ^*		17,531		121,139
Graphite Bio ^*		8,206		32,988
Greenwich Lifesciences ^*		1,119		13,260
Gritstone bio ^*		12,309		31,880
GT Biopharma ^*		5,206		10,985
Haemonetics ^*		14,174		718,197
Halozyme Therapeutics ^*		39,165		1,562,683
Hanger ^*		10,817		177,831
Harmony Biosciences Holdings ^*		6,341		285,599
Harpoon Therapeutics ^*		5,222		11,749
Harvard Bioscience ^*		11,190		58,412
Health Catalyst ^*		14,920		248,269
HealthEquity ^*		23,126		1,441,212
HealthStream ^*		7,087		135,362
Heron Therapeutics ^*		26,110		118,017
Heska ^*		2,611		286,792
Homology Medicines ^*		11,936		19,814
Hookipa Pharma ^*		5,595		8,392
Humanigen ^*		13,801		25,946
iBio ^*		61,529		18,003

The accompanying notes are an integral part of the financial statements.

114

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
iCAD ^*		6,341	$	22,828
Icosavax ^*		6,714		48,676
Ideaya Biosciences ^*		9,325		89,427
IGM Biosciences ^*		2,238		37,464
Ikena Oncology ^*		7,833		30,392
Imago Biosciences ^*		5,595		91,478
Immuneering, Cl A ^*		5,222		25,953
Immunic ^*		5,222		35,353
ImmunityBio ^*		19,769		71,761
ImmunoGen ^*		61,172		295,461
Immunovant ^*		11,563		53,305
Impel Pharmaceuticals ^*		1,865		11,824
Inari Medical ^*		9,698		782,629
Infinity Pharmaceuticals ^*		24,991		19,723
InfuSystem Holdings ^*		5,222		41,410
Inhibrx ^*		7,833		124,153
Innovage Holding ^*		5,222		23,969
Innoviva ^*		12,309		209,992
Inogen ^*		5,595		141,442
Inotiv ^*		4,849		69,098
Inovio Pharmaceuticals ^*		58,561		159,872
Inozyme Pharma ^*		4,103		16,207
Insmed ^*		33,570		737,533
Inspire Medical Systems ^*		7,460		1,534,970
Instil Bio ^*		15,293		108,122
Integer Holdings ^*		9,325		700,960
Intellia Therapeutics ^*		19,769		969,274
Intercept Pharmaceuticals ^*		7,087		111,337
Intersect ENT ^*		9,325		255,225
Intra-Cellular Therapies ^*		22,753		1,151,529
Invacare ^*		9,698		16,099
Invitae ^*		57,053		302,951

The accompanying notes are an integral part of the financial statements.

115

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
iRadimed ^*		1,865	$	61,377
iRhythm Technologies ^*		8,206		1,012,374
Ironwood Pharmaceuticals, Cl A ^*		41,776		501,312
IsoPlexis ^*		2,238		4,879
iTeos Therapeutics ^*		5,595		149,331
IVERIC bio ^*		32,824		454,612
Janux Therapeutics ^*		5,222		51,384
Joint ^*		4,103		125,224
Jounce Therapeutics ^*		9,325		49,422
Kala Pharmaceuticals ^*		13,801		8,964
KalVista Pharmaceuticals ^*		6,341		80,721
Karuna Therapeutics ^*		6,341		706,768
Karyopharm Therapeutics ^*		20,515		125,142
KemPharm ^*		8,579		38,348
Keros Therapeutics ^*		4,476		237,273
Kezar Life Sciences ^*		10,817		128,506
Kiniksa Pharmaceuticals, Cl A ^*		8,206		76,562
Kinnate Biopharma ^*		7,460		55,726
Kodiak Sciences ^*		9,682		58,286
Kronos Bio ^*		11,190		52,929
Krystal Biotech ^*		5,595		339,113
Kura Oncology ^*		17,904		256,922
Kymera Therapeutics ^*		9,698		304,032
Landos Biopharma ^*		1,492		1,425
Lantheus Holdings ^*		19,023		1,263,317
LeMaitre Vascular		5,222		225,643
Lexicon Pharmaceuticals ^*		19,769		35,782
LHC Group ^*		8,579		1,422,827
LifeStance Health Group ^*		20,515		138,887
Ligand Pharmaceuticals ^*		4,103		381,005
Lineage Cell Therapeutics ^*		35,435		43,231
LivaNova ^*		15,293		1,172,361

The accompanying notes are an integral part of the financial statements.

116

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Lucid Diagnostics ^*		1,492	$	3,148
Lyell Immunopharma ^*		42,149		216,224
MacroGenics ^*		17,158		122,680
Madrigal Pharmaceuticals ^*		3,357		234,990
Magenta Therapeutics ^*		8,579		12,268
MannKind ^*		70,124		219,488
Marinus Pharmaceuticals ^*		10,444		69,139
MaxCyte ^*		28,348		157,048
MEDNAX ^*		21,634		400,662
Medpace Holdings ^*		8,206		1,096,075
MEI Pharma ^*		36,181		17,783
MeiraGTx Holdings ^*		8,579		88,278
Meridian Bioscience ^*		11,936		305,442
Merit Medical Systems ^*		14,547		902,059
Mersana Therapeutics ^*		20,142		70,094
Mesa Laboratories		1,492		318,736
MiMedx Group ^*		31,705		125,235
Mind Medicine MindMed ^*		91,385		73,108
MiNK Therapeutics ^*		746		1,671
Mirum Pharmaceuticals ^*		1,119		26,610
ModivCare ^*		3,357		349,027
Molecular Templates ^*		10,444		17,755
Monte Rosa Therapeutics ^*		8,206		89,445
Morphic Holding ^*		5,968		180,890
Multiplan ^*		92,504		409,793
Mustang Bio ^*		21,261		15,833
Myriad Genetics ^*		22,380		458,790
NanoString Technologies ^*		13,055		245,173
NantHealth ^*		7,460		5,255
National HealthCare		3,730		253,864
National Research		4,103		140,733
Natus Medical ^*		9,698		322,652

The accompanying notes are an integral part of the financial statements.

117

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Neogen ^*		30,586	$	807,470
NeoGenomics ^*		32,078		303,137
Neoleukin Therapeutics ^*		10,071		12,287
Neuronetics ^*		7,087		17,292
NeuroPace ^*		1,865		14,995
Nevro ^*		9,698		598,270
NexImmune ^*		4,849		10,231
NextGen Healthcare ^*		16,039		302,335
NGM Biopharmaceuticals ^*		8,952		111,721
Nkarta ^*		4,103		75,659
Nurix Therapeutics ^*		8,952		99,099
Nuvalent, Cl A ^*		5,222		53,734
NuVasive ^*		14,547		748,298
Nuvation Bio ^*		45,133		210,320
Ocugen ^*		52,577		115,144
Ocular Therapeutix ^*		21,634		77,233
Olema Pharmaceuticals ^*		7,460		19,023
Omega Therapeutics ^*		6,341		21,623
Omeros ^*		17,158		59,538
Omnicell ^*		12,309		1,343,774
Oncocyte ^*		17,158		19,903
Oncorus ^*		5,968		6,983
Oncternal Therapeutics ^*		12,682		10,822
Ontrak ^*		3,357		3,995
OPKO Health ^*		113,392		306,158
OptimizeRx ^*		4,849		136,305
Option Care Health ^*		45,133		1,348,574
OraSure Technologies ^*		20,142		123,672
Organogenesis Holdings, Cl A ^*		19,769		127,312
ORIC Pharmaceuticals ^*		8,952		29,721
Ortho Clinical Diagnostics Holdings ^*		34,316		604,305
Orthofix Medical ^*		5,222		161,882

The accompanying notes are an integral part of the financial statements.

118

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
OrthoPediatrics ^*		4,103	$	184,963
Outlook Therapeutics ^*		32,451		50,299
Outset Medical ^*		13,428		468,369
Owens & Minor		20,515		728,077
Oyster Point Pharma ^*		2,984		19,038
Pacific Biosciences of California ^*		55,204		349,993
Pacira BioSciences ^*		12,682		945,697
Paragon 28 ^*		2,611		46,920
Paratek Pharmaceuticals ^*		13,801		30,500
Passage Bio ^*		10,444		20,366
Patterson		24,245		746,019
PAVmed ^*		20,515		26,054
Pennant Group ^*		7,460		122,269
Personalis ^*		10,071		56,398
PetIQ, Cl A ^*		7,460		148,454
Phathom Pharmaceuticals ^*		5,595		72,399
Phibro Animal Health, Cl A		5,968		107,364
Phreesia ^*		14,174		324,301
Pliant Therapeutics ^*		6,714		39,344
PMV Pharmaceuticals ^*		7,460		108,095
Poseida Therapeutics ^*		8,206		25,357
Praxis Precision Medicines ^*		9,325		75,533
Precigen ^*		26,856		35,718
Precision BioSciences ^*		14,174		28,206
Prelude Therapeutics ^*		2,984		13,697
Prestige Consumer Healthcare ^*		14,174		774,751
Privia Health Group ^*		11,936		262,473
PROCEPT BioRobotics ^*		2,222		79,014
Progyny ^*		18,277		702,751
Prometheus Biosciences ^*		8,579		225,628
Protagonist Therapeutics ^*		12,682		115,279
Provention Bio ^*		15,666		70,340

The accompanying notes are an integral part of the financial statements.

119

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
PTC Therapeutics ^*		19,769	$	698,439
Pulmonx ^*		7,460		179,786
Pulse Biosciences ^*		4,103		10,258
Puma Biotechnology ^*		9,325		22,007
Pyxis Oncology ^*		2,984		7,311
Quanterix ^*		8,579		190,368
Quotient ^*		22,753		13,126
R1 RCM ^*		33,570		755,996
Radius Health ^*		13,428		91,848
RadNet ^*		13,055		254,573
Rain Therapeutics ^*		4,476		17,770
Rallybio ^*		5,222		52,011
Rapid Micro Biosystems, Cl A ^*		4,476		26,095
RAPT Therapeutics ^*		5,968		90,296
Reata Pharmaceuticals, Cl A ^*		7,833		198,802
Recursion Pharmaceuticals, Cl A ^*		32,824		203,509
REGENXBIO ^*		11,190		310,634
Relay Therapeutics ^*		19,769		471,095
Relmada Therapeutics ^*		7,087		177,955
Reneo Pharmaceuticals ^*		2,611		6,058
Replimune Group ^*		8,579		143,870
Retractable Technologies ^*		4,849		18,572
Revance Therapeutics ^*		19,769		323,816
REVOLUTION Medicines ^*		16,785		335,196
Rhythm Pharmaceuticals ^*		12,682		79,389
Rigel Pharmaceuticals ^*		48,490		114,436
Rocket Pharmaceuticals ^*		11,563		118,868
Rubius Therapeutics ^*		13,055		21,671
RxSight ^*		4,849		59,497
Sana Biotechnology ^*		24,618		185,866
Sangamo Therapeutics ^*		33,570		139,316
Scholar Rock Holding ^*		8,010		56,631

The accompanying notes are an integral part of the financial statements.

120

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Schrodinger ^*		13,039	$	322,324
SeaSpine Holdings ^*		8,952		83,343
Seelos Therapeutics ^*		27,975		17,345
Seer, Cl A ^*		11,936		86,894
Select Medical Holdings		31,332		708,417
Selecta Biosciences ^*		26,110		20,008
Sensei Biotherapeutics ^*		5,968		9,250
Senseonics Holdings ^*		122,717		171,804
Sera Prognostics, Cl A ^*		2,238		5,147
Seres Therapeutics ^*		19,769		93,507
Sesen Bio ^*		57,069		21,692
Sharps Compliance ^*		5,222		22,559
Shattuck Labs ^*		7,460		28,646
Shockwave Medical ^*		9,698		1,465,659
SI-BONE ^*		9,325		186,314
Sientra ^*		16,412		23,305
SIGA Technologies ^*		13,801		94,813
Sight Sciences ^*		6,341		44,260
Sigilon Therapeutics ^*		4,476		4,700
Silk Road Medical ^*		9,698		339,915
Silverback Therapeutics ^*		5,968		18,560
Simulations Plus		4,476		208,850
Singular Genomics Systems ^*		13,428		54,921
Solid Biosciences ^*		16,785		9,400
Sorrento Therapeutics ^*		84,671		127,853
Spectrum Pharmaceuticals ^*		46,252		37,358
Spero Therapeutics ^*		6,714		32,630
SpringWorks Therapeutics ^*		8,206		352,119
Spruce Biosciences ^*		2,611		4,595
SQZ Biotechnologies ^*		6,341		23,398
STAAR Surgical ^*		13,428		766,605
Standard BioTools ^*		21,634		57,330

The accompanying notes are an integral part of the financial statements.

121

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Stereotaxis ^*		14,174	$	35,435
Stoke Therapeutics ^*		5,595		80,792
Summit Therapeutics ^*		7,460		11,861
Supernus Pharmaceuticals ^*		13,801		385,048
Surface Oncology ^*		10,071		21,351
Surgery Partners ^*		9,698		496,150
Surmodics ^*		3,730		144,202
Sutro Biopharma ^*		12,309		73,977
Syndax Pharmaceuticals ^*		13,801		231,443
Syros Pharmaceuticals ^*		16,412		13,816
Tabula Rasa HealthCare ^*		6,341		21,369
Tactile Systems Technology ^*		5,595		94,444
Talaris Therapeutics ^*		5,968		42,134
Talis Biomedical ^*		4,103		4,308
Tarsus Pharmaceuticals ^*		2,238		40,978
Taysha Gene Therapies ^*		6,341		23,208
TCR2 Therapeutics ^*		8,579		18,273
Tenaya Therapeutics ^*		8,206		75,659
Tenet Healthcare ^*		30,213		2,190,745
Terns Pharmaceuticals ^*		3,730		5,968
TG Therapeutics ^*		36,927		256,273
TherapeuticsMD ^*		110,781		22,345
Theravance Biopharma ^*		17,158		165,575
Theseus Pharmaceuticals ^*		3,357		27,427
Tivity Health ^*		12,666		406,959
Tonix Pharmaceuticals Holding ^*		142,113		20,734
TransMedics Group ^*		7,460		156,362
Travere Therapeutics ^*		16,785		421,807
Treace Medical Concepts ^*		8,579		168,148
Trevena ^*		46,429		13,766
Turning Point Therapeutics ^*		13,055		384,339
Twist Bioscience ^*		15,666		451,807

The accompanying notes are an integral part of the financial statements.

122

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Tyra Biosciences ^*		3,357	$	25,077
UFP Technologies ^*		1,865		128,070
UroGen Pharma ^*		5,595		39,501
US Physical Therapy		3,730		387,062
Utah Medical Products		1,119		94,656
Vanda Pharmaceuticals ^*		15,666		155,407
Vapotherm ^*		6,341		28,154
Varex Imaging ^*		10,817		214,717
Vaxart ^*		34,689		120,718
Vaxcyte ^*		11,936		288,971
VBI Vaccines ^*		53,516		66,895
Ventyx Biosciences ^*		2,984		43,358
Vera Therapeutics, Cl A ^*		3,730		74,600
Veracyte ^*		19,023		389,401
Verastem ^*		48,863		69,385
Vericel ^*		13,055		372,068
Verrica Pharmaceuticals ^*		3,730		24,506
Verve Therapeutics ^*		10,444		155,824
Viemed Healthcare ^*		10,071		50,154
ViewRay ^*		42,895		114,530
Vigil Neuroscience ^*		1,865		6,322
Viking Therapeutics ^*		19,396		46,162
Vincerx Pharma ^*		4,833		12,469
Vir Biotechnology ^*		17,158		349,165
Viracta Therapeutics ^*		10,444		26,632
VistaGen Therapeutics ^*		55,204		70,109
Vor BioPharma ^*		5,222		29,922
WaVe Life Sciences ^*		12,682		24,730
Werewolf Therapeutics ^*		7,460		33,197
XBiotech ^*		4,476		34,734
Xencor ^*		16,039		400,654
Xilio Therapeutics ^*		2,238		7,900

The accompanying notes are an integral part of the financial statements.

123

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
XOMA ^*		1,865	$	35,864
Y-mAbs Therapeutics ^*		10,071		84,596
Zentalis Pharmaceuticals ^*		10,444		276,975
Zynex ^*		6,341		40,392
				106,502,262


Industrials — 8.3%
AAON		11,936		581,761
AAR ^*		9,698		455,612
ABM Industries		19,023		918,240
Acacia Research ^*		13,801		64,727
ACCO Brands		26,483		194,120
Advent Technologies Holdings ^*		8,952		17,456
Aerojet Rocketdyne Holdings ^*		21,261		850,015
AeroVironment ^*		6,341		509,309
AerSale ^*		4,476		64,812
AgEagle Aerial Systems ^*		19,769		15,936
Air Transport Services Group ^*		16,785		525,371
Alamo Group		2,984		377,297
Albany International, Cl A		8,579		671,049
Allegiant Travel ^*		4,476		694,630
Allied Motion Technologies		3,357		81,709
Alta Equipment Group ^*		5,222		58,748
Altra Industrial Motion		18,277		712,803
Ameresco, Cl A ^*		8,952		451,539
American Superconductor ^*		7,833		41,750
American Woodmark ^*		4,849		227,176
API Group ^*		57,442		1,066,124
Apogee Enterprises		7,087		311,828
Applied Industrial Technologies		10,817		1,132,432
ArcBest		7,087		511,398
Arcosa		13,801		738,768
Argan		4,103		150,908

The accompanying notes are an integral part of the financial statements.

124

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Aris Water Solution, Cl A		5,595	$	94,779
Array Technologies ^*		36,181		236,262
ASGN ^*		14,547		1,650,357
Astec Industries		6,341		247,933
Astronics ^*		7,087		68,673
Atkore ^*		12,682		1,218,740
Atlas Air Worldwide Holdings ^*		8,206		565,722
Atlas Technical Consultants ^*		4,103		49,646
Avis Budget Group ^*		11,563		3,095,068
AZZ		7,087		323,451
Babcock & Wilcox Enterprises ^*		15,666		117,652
Barnes Group		13,428		450,912
Barrett Business Services		2,238		161,069
Beacon Roofing Supply ^*		15,666		934,164
Beam Global ^*		2,611		40,314
Blink Charging ^*		10,444		199,480
Bloom Energy, Cl A ^*		40,284		747,671
Blue Bird ^*		4,849		77,729
BlueLinx Holdings ^*		2,611		174,075
Boise Cascade		11,190		845,740
Brady, Cl A		13,428		600,903
BrightView Holdings ^*		13,428		169,998
Brink’s		13,801		813,569
Byrna Technologies ^*		5,222		30,914
Cadre Holdings		1,865		47,334
Caesarstone		6,341		62,332
Casella Waste Systems, Cl A ^*		13,801		1,134,994
CBIZ ^*		13,801		578,124
CECO Environmental ^*		8,952		42,522
Chart Industries ^*		10,444		1,763,156
CIRCOR International ^*		5,222		102,612
Columbus McKinnon		7,833		277,680

The accompanying notes are an integral part of the financial statements.

125

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Comfort Systems USA		10,071	$	850,194
Commercial Vehicle Group ^*		8,952		64,275
CompX International		373		7,919
Concrete Pumping Holdings ^*		7,460		41,627
Construction Partners, Cl A ^*		11,190		288,814
CoreCivic ^*		33,943		421,911
Cornerstone Building Brands ^*		15,666		382,094
Covenant Logistics Group, Cl A		3,357		68,953
CRA International		1,865		153,620
CSW Industrials		4,103		432,908
Custom Truck One Source ^*		16,785		110,277
Daseke ^*		11,563		97,129
Deluxe		11,936		323,227
Desktop Metal, Cl A ^*		53,323		187,164
Douglas Dynamics		6,341		196,317
Ducommun ^*		2,984		152,393
DXP Enterprises ^*		4,849		114,582
Dycom Industries ^*		8,206		696,771
Eagle Bulk Shipping		2,611		162,509
EMCOR Group		15,293		1,628,399
Encore Wire		5,595		631,172
Energy Recovery ^*		11,936		221,055
Enerpac Tool Group, Cl A		17,158		344,533
EnerSys		11,936		781,331
Ennis		7,087		122,251
EnPro Industries		5,968		556,277
Eos Energy Enterprises ^*		12,682		26,886
ESCO Technologies		7,087		442,583
EVI Industries ^*		1,492		21,321
Evoqua Water Technologies ^*		32,824		1,368,433
Exponent		14,920		1,429,485
Federal Signal		17,158		583,887

The accompanying notes are an integral part of the financial statements.

126

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
First Advantage ^*		15,666	$	271,962
Fluor ^*		40,284		997,029
Forrester Research ^*		3,357		186,951
Forward Air		7,460		723,396
Franklin Covey ^*		3,730		149,461
Franklin Electric		13,055		913,067
Frontier Group Holdings ^*		10,055		106,684
FTC Solar ^*		11,563		32,376
FuelCell Energy ^*		105,170		429,094
GATX		10,071		1,041,241
Genco Shipping & Trading		8,952		197,213
GEO Group ^{‡ *}		33,570		219,212
Gibraltar Industries ^*		9,325		352,858
Global Industrial		3,730		115,108
GMS ^*		12,309		590,217
Gorman-Rupp		6,341		202,024
GrafTech International		57,069		518,187
Granite Construction		13,055		387,081
Great Lakes Dredge & Dock ^*		18,277		252,405
Greenbrier		8,952		382,340
Griffon		14,547		272,174
H&E Equipment Services		8,952		317,617
Harsco ^*		22,380		228,724
Hawaiian Holdings ^*		14,351		243,393
Healthcare Services Group		21,261		363,350
Heartland Express		13,428		185,306
Heidrick & Struggles International		5,595		178,816
Helios Technologies		9,325		626,453
Herc Holdings		7,087		905,860
Heritage-Crystal Clean ^*		4,476		122,195
Hillenbrand		20,888		852,648
HireQuest		1,492		24,797

The accompanying notes are an integral part of the financial statements.

127

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
HireRight Holdings ^*		6,341	$	109,636
HNI		12,309		438,693
Hub Group, Cl A ^*		9,325		626,267
Huron Consulting Group ^*		6,341		328,337
Hydrofarm Holdings Group ^*		11,190		106,865
Hyliion Holdings ^*		33,197		106,562
HyreCar ^*		4,849		7,564
Hyster-Yale Materials Handling		2,984		91,668
ICF International		5,222		515,986
Ideanomics ^*		138,010		99,257
IES Holdings ^*		2,611		76,502
Infrastructure and Energy Alternatives ^*		7,833		73,239
INNOVATE ^*		13,428		40,687
Insperity		10,444		1,107,586
Insteel Industries		5,222		221,517
Interface, Cl A		16,412		208,268
JELD-WEN Holding ^*		26,110		542,827
John Bean Technologies		8,952		1,055,351
Kadant		3,357		621,045
Kaman		7,833		305,565
KAR Auction Services ^*		34,316		503,073
Karat Packaging ^*		1,119		20,534
KBR		40,284		1,983,181
Kelly Services, Cl A		10,071		194,270
Kennametal		23,872		614,227
Kforce		5,595		391,930
Kimball International, Cl B		10,071		77,345
Korn Ferry		15,293		939,602
Kratos Defense & Security Solutions ^*		34,689		526,232
Lawson Products ^*		1,492		56,681
Lindsay		2,984		403,288
Manitowoc ^*		9,698		128,402

The accompanying notes are an integral part of the financial statements.

128

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
ManTech International, Cl A		7,833	$	629,303
Marten Transport		16,785		291,723
Masonite International ^*		6,714		520,469
Matrix Service ^*		7,460		50,728
Matson		11,936		1,026,735
Matthews International, Cl A		8,952		266,859
Maxar Technologies		20,515		660,788
Mayville Engineering ^*		2,611		21,619
McGrath RentCorp		6,714		560,350
Meritor ^*		19,396		696,510
Mesa Air Group ^*		9,698		32,973
Miller Industries		2,984		80,001
MillerKnoll		21,261		674,612
Mistras Group ^*		5,595		31,836
Montrose Environmental Group ^*		7,460		338,460
Moog, Cl A		8,206		655,413
MRC Global ^*		22,753		272,808
Mueller Industries		16,039		868,512
Mueller Water Products, Cl A		44,387		533,976
MYR Group ^*		4,849		383,507
National Presto Industries		1,492		106,126
Nikola ^*		64,902		465,996
NL Industries		2,238		15,397
NN ^*		12,309		37,296
Northwest Pipe ^*		2,611		69,740
NOW ^*		31,332		341,519
NV5 Global ^*		3,730		446,854
Omega Flex		746		82,806
PAM Transportation Services ^*		1,865		56,677
Park Aerospace		5,595		65,462
Park-Ohio Holdings		2,238		21,462
Parsons ^*		7,460		275,498

The accompanying notes are an integral part of the financial statements.

129

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
PGT Innovations ^*		16,412	$	291,641
Pitney Bowes		49,982		263,405
Powell Industries		2,611		50,392
Preformed Line Products		746		44,387
Primoris Services		15,293		354,492
Proto Labs ^*		7,833		333,764
Quanex Building Products		9,682		186,088
Radiant Logistics ^*		11,190		64,566
RBC Bearings ^*		7,833		1,318,686
Resideo Technologies ^*		41,030		922,765
Resources Connection		8,952		153,885
REV Group		10,071		120,046
Romeo Power ^*		27,602		30,362
Rush Enterprises, Cl A		11,936		607,304
Rush Enterprises, Cl B		1,865		90,359
Saia ^*		7,460		1,536,462
Shyft Group		9,698		247,008
Simpson Manufacturing		12,309		1,276,074
SkyWest ^*		14,174		413,172
SP Plus ^*		6,714		191,349
Spirit Airlines ^*		27,975		660,490
SPX ^*		12,309		515,747
Standex International		3,357		315,692
Steelcase, Cl A		24,245		284,394
Stem ^*		32,451		232,674
Sterling Check ^*		4,849		125,977
Sterling Construction ^*		7,833		179,297
Sun Country Airlines Holdings ^*		9,325		256,531
Team ^*		7,460		10,742
Tennant		5,222		337,237
Terex		19,396		659,464
Tetra Tech		15,293		2,130,009

The accompanying notes are an integral part of the financial statements.

130

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Thermon Group Holdings ^*		9,325	$	139,875
Titan International ^*		14,547		201,621
Titan Machinery ^*		5,595		131,930
TPI Composites ^*		10,444		119,479
Transcat ^*		1,865		136,145
TriNet Group ^*		11,563		1,025,638
Trinity Industries		22,007		610,474
Triumph Group ^*		18,261		411,603
TrueBlue ^*		10,071		257,515
Tutor Perini ^*		11,563		107,189
UFP Industries		17,158		1,327,514
UniFirst		4,103		706,947
Universal Logistics Holdings		2,238		45,387
Upwork ^*		33,570		703,963
US Xpress Enterprises, Cl A ^*		7,460		24,693
Vectrus ^*		3,357		121,188
Veritiv ^*		4,103		576,636
Viad ^*		5,595		183,236
Vicor ^*		5,968		361,183
View ^*		27,975		43,082
VSE		2,984		129,237
Wabash National		13,801		197,492
Watts Water Technologies, Cl A		7,833		998,394
Welbilt ^*		37,284		880,648
Werner Enterprises		17,158		679,972
WESCO International ^*		12,682		1,563,183
Willdan Group ^*		2,984		80,210
Willis Lease Finance ^*		746		23,201
WillScot Mobile Mini Holdings ^*		59,307		2,081,676
Yellow ^*		14,174		63,500
Zurn Water Solutions		34,316		1,071,346
				105,961,449

The accompanying notes are an integral part of the financial statements.

131

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 7.1%
3D Systems ^*		35,419	$	401,651
8x8 ^*		32,078		294,155
908 Devices ^*		5,968		105,932
A10 Networks		17,158		245,016
ACI Worldwide ^*		33,570		927,203
ADTRAN		13,801		239,999
Advanced Energy Industries		10,817		827,717
Aeva Technologies ^*		29,840		97,875
Agilysys ^*		5,968		219,682
Akoustis Technologies ^*		14,547		64,589
Alarm.com Holdings ^*		13,428		820,182
Alkami Technology ^*		8,206		107,499
Alpha & Omega Semiconductor ^*		5,968		256,027
Altair Engineering, Cl A ^*		13,055		709,148
Ambarella ^*		10,071		826,628
American Software, Cl A		8,952		153,079
Amkor Technology		29,094		547,258
Appfolio, Cl A ^*		5,595		581,097
Appian, Cl A ^*		11,190		534,882
Arlo Technologies ^*		23,872		184,769
Arteris ^*		1,492		17,591
Asana, Cl A ^*		20,888		559,798
Atomera ^*		5,595		58,468
Avaya Holdings ^*		23,872		220,816
Aviat Networks ^*		2,984		89,222
Avid Technology ^*		10,444		331,179
AvidXchange Holdings ^*		7,087		58,043
Axcelis Technologies ^*		9,325		507,746
AXT ^*		11,563		68,222
Badger Meter		8,206		662,142
Belden		12,682		654,772
Benchmark Electronics		10,071		239,287

The accompanying notes are an integral part of the financial statements.

132

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Benefitfocus ^*		7,087	$	75,477
BigCommerce Holdings ^*		13,801		246,624
Blackbaud ^*		13,428		778,958
Blackline ^*		15,293		1,025,396
Bottomline Technologies DE ^*		12,682		718,055
Box, Cl A ^*		38,792		1,187,811
Brightcove ^*		11,563		81,519
BTRS Holdings, Cl 1 ^*		26,856		180,472
CalAmp ^*		10,071		55,088
Calix ^*		15,666		625,230
Cambium Networks ^*		2,984		45,566
Cantaloupe ^*		16,412		89,774
Casa Systems ^*		8,952		43,865
Cass Information Systems		4,103		158,827
Cerence ^*		11,190		330,105
CEVA ^*		6,341		230,432
ChannelAdvisor ^*		8,206		119,069
Cleanspark ^*		11,190		72,623
Clearfield ^*		3,357		195,478
CMC Materials		8,206		1,468,135
Cohu ^*		13,428		356,648
CommVault Systems ^*		12,682		773,602
Comtech Telecommunications		7,460		101,456
Conduent ^*		47,728		268,709
Consensus Cloud Solutions ^*		4,476		235,975
CoreCard ^*		2,238		51,004
Corsair Gaming ^*		7,833		118,513
Couchbase ^*		6,714		114,138
Credo Technology Group Holding ^*		6,341		70,005
CS Disco ^*		4,476		137,458
CSG Systems International		8,952		550,279
CTS		8,952		316,632

The accompanying notes are an integral part of the financial statements.

133

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Daktronics ^*		10,444	$	34,987
Diebold Nixdorf ^*		20,515		84,111
Digi International ^*		9,698		183,486
Digimarc ^*		3,730		96,495
Digital Turbine ^*		25,737		814,576
DigitalOcean Holdings ^*		14,547		573,588
Diodes ^*		12,309		898,926
Domo, Cl B ^*		8,206		339,893
DZS ^*		4,849		58,624
E2open Parent Holdings ^*		56,323		435,940
Eastman Kodak ^*		12,682		65,566
Ebix		7,460		222,308
eGain ^*		5,968		61,769
EMCORE ^*		10,444		36,032
Enfusion, Cl A ^*		6,341		80,975
EngageSmart ^*		4,476		93,459
Envestnet ^*		15,293		1,217,935
ePlus ^*		7,460		421,341
E-Sports Technologies Inc ^*		3,730		13,614
EverCommerce ^*		8,579		106,208
Evo Payments, Cl A ^*		13,428		302,533
ExlService Holdings ^*		9,325		1,269,599
Extreme Networks ^*		36,181		347,338
FARO Technologies ^*		5,222		179,062
Flywire ^*		16,039		489,350
FormFactor ^*		22,007		838,687
Golden Nugget Online Gaming ^*		11,190		56,062
GreenBox POS ^*		5,222		18,851
Grid Dynamics Holdings ^*		13,055		181,726
GTY Technology Holdings ^*		9,309		56,692
Hackett Group		7,087		166,474
Harmonic ^*		25,737		213,617

The accompanying notes are an integral part of the financial statements.

134

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
I3 Verticals, Cl A ^*		5,968	$	163,822
IBEX Holdings ^*		1,492		23,111
Ichor Holdings ^*		7,833		228,019
Identiv ^*		5,968		72,750
II-VI ^*		30,213		1,849,338
Impinj ^*		5,222		257,236
Infinera ^*		51,847		398,703
Inseego ^*		24,245		69,098
Insight Enterprises ^*		9,698		963,690
Instructure Holdings ^*		3,357		60,762
Intapp ^*		4,103		102,329
InterDigital		8,952		508,921
International Money Express ^*		9,325		185,288
Iteris ^*		11,936		30,795
Itron ^*		12,682		605,946
Kaltura ^*		15,666		24,282
Kimball Electronics ^*		6,714		119,778
Knowles ^*		24,991		462,833
Kopin ^*		22,007		35,211
KVH Industries ^*		4,476		35,674
Lattice Semiconductor ^*		38,419		1,845,649
Limelight Networks ^*		35,435		126,503
LivePerson ^*		18,650		421,863
LiveRamp Holdings ^*		18,650		584,118
Luna Innovations ^*		8,579		47,356
MACOM Technology Solutions Holdings ^*		14,174		722,165
Marathon Digital Holdings ^*		27,229		424,772
Maximus		17,531		1,277,659
MaxLinear, Cl A ^*		20,142		964,198
MeridianLink ^*		6,341		102,407
Meta Materials ^*		57,442		68,930
Methode Electronics		10,444		465,907

The accompanying notes are an integral part of the financial statements.

135

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
MicroStrategy, Cl A ^*		2,611	$	924,738
MicroVision ^*		46,625		150,599
Mimecast ^*		17,531		1,396,870
Mitek Systems ^*		12,309		137,492
Model N ^*		10,444		269,873
Momentive Global ^*		37,673		595,987
MoneyGram International ^*		25,364		256,937
Napco Security Technologies ^*		8,206		143,605
NeoPhotonics ^*		14,920		225,889
NETGEAR ^*		8,206		178,070
NetScout Systems ^*		19,769		608,885
nLight ^*		12,309		161,863
Novanta ^*		10,071		1,296,138
NVE		1,492		69,199
ON24 ^*		7,833		99,244
OneSpan ^*		10,071		142,303
Onto Innovation ^*		13,801		981,803
OSI Systems ^*		4,849		383,556
Ouster ^*		36,181		119,759
PagerDuty ^*		23,499		671,366
PAR Technology ^*		7,087		234,154
Paya Holdings ^*		24,245		123,407
PC Connection ^*		2,984		147,678
PDF Solutions ^*		8,579		199,462
Perficient ^*		9,325		926,998
Photronics ^*		16,785		251,607
Ping Identity Holding ^*		17,158		448,339
Plantronics ^*		11,936		475,769
Plexus ^*		7,833		635,570
Power Integrations		16,785		1,342,800
Priority Technology Holdings ^*		3,357		16,114
Progress Software		12,309		590,586

The accompanying notes are an integral part of the financial statements.

136

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
PROS Holdings ^*		11,190	$	312,537
Q2 Holdings ^*		15,666		810,402
Qualys ^*		9,698		1,321,643
Quantum ^*		16,785		31,388
Rackspace Technology ^*		15,666		154,937
Rambus ^*		30,959		771,189
Rapid7 ^*		16,039		1,532,045
Rekor Systems ^*		9,698		28,803
Remitly Global ^*		3,714		41,225
Repay Holdings, Cl A ^*		24,618		329,389
Ribbon Communications ^*		20,142		69,490
Rimini Street ^*		12,682		73,048
Riot Blockchain ^*		30,586		310,142
Rogers ^*		5,222		1,413,700
Sailpoint Technologies Holdings ^*		26,110		1,666,601
Sanmina ^*		17,904		732,095
ScanSource ^*		7,087		242,659
SecureWorks, Cl A ^*		2,611		28,825
Semtech ^*		18,277		1,089,309
ShotSpotter ^*		2,238		61,433
Silicon Laboratories ^*		10,817		1,459,321
SiTime ^*		4,476		754,519
SkyWater Technology ^*		2,238		13,697
SMART Global Holdings ^*		13,801		312,731
Smith Micro Software ^*		13,428		41,358
Sprout Social, Cl A ^*		12,682		777,153
SPS Commerce ^*		10,071		1,204,794
StarTek ^*		4,849		18,184
Stronghold Digital Mining, Cl A ^*		2,238		8,728
Sumo Logic ^*		25,364		237,914
SunPower, Cl A ^*		22,753		375,652
Super Micro Computer ^*		12,682		533,912

The accompanying notes are an integral part of the financial statements.

137

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Synaptics ^*		11,190	$	1,661,044
Telos ^*		11,190		87,170
Tenable Holdings ^*		26,110		1,442,055
TTEC Holdings		5,222		385,436
TTM Technologies ^*		29,467		411,065
Tucows, Cl A ^*		2,968		171,016
Turtle Beach ^*		4,476		74,481
Ultra Clean Holdings ^*		12,682		395,298
Unisys ^*		18,650		265,016
Upland Software ^*		8,206		122,434
UserTesting ^*		2,611		20,392
Varonis Systems, Cl B ^*		30,570		1,320,624
Veeco Instruments ^*		14,174		324,868
Velodyne Lidar ^*		21,634		40,672
Verint Systems ^*		18,277		997,193
Veritone ^*		8,206		88,871
Verra Mobility, Cl A ^*		43,268		607,050
Viant Technology, Cl A ^*		3,357		19,739
Viavi Solutions ^*		65,275		936,043
VirnetX Holding ^*		17,904		25,424
Vishay Intertechnology		38,030		708,499
Vishay Precision Group ^*		3,357		104,772
Vonage Holdings ^*		71,989		1,436,900
Weave Communications ^*		1,492		7,072
Workiva, Cl A ^*		12,309		1,187,942
Xperi Holding		29,840		465,504
Yext ^*		32,451		187,891
Zuora, Cl A ^*		32,078		390,389
				90,493,877
F

Materials — 2.2%
AdvanSix		7,833		348,882
Allegheny Technologies ^*		36,181		983,400

The accompanying notes are an integral part of the financial statements.

138

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
American Vanguard		8,206	$	175,608
Amyris ^*		50,355		172,718
Arconic ^*		30,213		760,159
Aspen Aerogels ^*		6,341		136,966
Avient		25,737		1,267,290
Balchem		9,325		1,148,840
Cabot		16,039		1,056,168
Carpenter Technology		13,428		512,681
Century Aluminum ^*		14,547		245,408
Chase		2,238		188,798
Clearwater Paper ^*		4,849		160,550
Coeur Mining ^*		72,735		264,028
Commercial Metals		33,943		1,391,663
Compass Minerals International		9,698		573,443
Constellium, Cl A ^*		35,435		591,410
Danimer Scientific ^*		25,737		100,889
Ecovyst ^*		16,785		168,857
FutureFuel		7,460		70,945
Gatos Silver ^*		13,055		44,126
GCP Applied Technologies ^*		19,023		596,752
Glatfelter		12,309		135,399
Greif, Cl A		7,460		452,673
Greif, Cl B		1,865		108,841
Hawkins		5,595		208,582
Haynes International		3,357		131,192
HB Fuller		14,920		995,164
Hecla Mining		151,049		786,965
Ingevity ^*		11,190		670,281
Innospec		7,087		675,462
Intrepid Potash ^*		2,984		228,515
Kaiser Aluminum		4,476		431,934
Koppers Holdings		5,968		144,784

The accompanying notes are an integral part of the financial statements.

139

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Kronos Worldwide		6,341	$	96,510
Livent ^*		45,879		979,975
Marrone Bio Innovations ^*		28,721		33,316
Materion		5,968		508,175
Minerals Technologies		9,325		593,163
MP Materials ^*		21,634		822,957
Myers Industries		10,071		220,857
Neenah		4,849		171,655
O-I Glass ^*		44,371		598,121
Olympic Steel		2,611		89,636
Pactiv Evergreen		12,309		121,367
Perpetua Resources ^*		9,325		32,917
PureCycle Technologies ^*		16,412		128,014
Quaker Chemical		3,730		606,908
Ranpak Holdings, Cl A ^*		10,817		163,120
Rayonier Advanced Materials ^*		17,531		89,934
Ryerson Holding		4,849		178,492
Schnitzer Steel Industries, Cl A		7,460		340,400
Schweitzer-Mauduit International		8,952		225,232
Sensient Technologies		11,936		1,009,786
Stepan		5,968		609,392
Summit Materials, Cl A ^*		33,570		933,246
SunCoke Energy		23,499		195,512
TimkenSteel ^*		13,055		269,847
Tredegar		7,460		85,417
TriMas		12,309		363,608
Trinseo		11,190		530,965
Tronox Holdings		32,451		558,157
United States Lime & Minerals		746		81,694
US Ecology ^*		8,952		429,606
Valhi		746		23,730
Warrior Met Coal		14,547		495,616

The accompanying notes are an integral part of the financial statements.

140

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Worthington Industries		9,325	$	443,590
Zymergen ^*		22,753		38,225
				27,998,513


Real Estate — 4.3%
Acadia Realty Trust ^‡		24,618		515,009
Agree Realty ^‡		20,142		1,368,045
Alexander & Baldwin ^‡		20,515		434,918
Alexander’s ^‡		746		185,135
American Assets Trust ^‡		14,174		518,768
Apartment Investment and Management, Cl A ^{‡ *}		42,895		270,239
Apple Hospitality REIT ^‡		60,799		1,075,534
Armada Hoffler Properties ^‡		19,023		257,762
Ashford Hospitality Trust ^{‡ *}		4,849		34,185
Braemar Hotels & Resorts ^‡		16,396		99,360
Brandywine Realty Trust ^‡		48,117		561,525
Broadstone Net Lease, Cl A ^‡		44,760		926,084
BRT Apartments ^‡		3,357		73,485
CareTrust REIT ^‡		27,229		441,382
CatchMark Timber Trust, Cl A ^‡		13,801		113,306
Centerspace ^‡		4,103		378,543
Chatham Lodging Trust ^{‡ *}		13,428		192,826
City Office REIT ^‡		12,293		182,428
Clipper Realty ^‡		3,357		29,978
Community Healthcare Trust ^‡		6,714		247,209
Corporate Office Properties Trust ^‡		32,078		856,162
CTO Realty Growth ^‡		1,492		95,145
Cushman & Wakefield ^*		39,538		707,730
DiamondRock Hospitality ^{‡ *}		59,307		629,840
DigitalBridge Group ^{‡ *}		137,814		959,185
Diversified Healthcare Trust ^‡		67,513		151,904
Douglas Elliman		20,515		124,321

The accompanying notes are an integral part of the financial statements.

141

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Easterly Government Properties, Cl A ^‡		24,618	$	468,973
EastGroup Properties ^‡		11,563		2,168,062
Empire State Realty Trust, Cl A ^‡		40,657		351,276
Equity Commonwealth ^{‡ *}		30,959		810,816
Essential Properties Realty Trust ^‡		34,316		823,584
eXp World Holdings		17,904		239,735
Farmland Partners ^‡		8,206		120,792
Fathom Holdings ^*		1,865		13,838
Forestar Group ^*		4,849		79,087
Four Corners Property Trust ^‡		22,007		604,312
Franklin Street Properties ^‡		28,721		148,200
FRP Holdings ^*		1,865		105,391
Getty Realty ^‡		11,563		311,160
Gladstone Commercial ^‡		10,444		219,742
Gladstone Land ^‡		8,952		325,853
Global Medical ^‡		17,158		253,252
Global Net Lease ^‡		29,467		413,422
Healthcare Realty Trust ^‡		41,776		1,131,294
Hersha Hospitality Trust, Cl A ^{‡ *}		9,325		91,199
Independence Realty Trust ^‡		62,664		1,708,221
Indus Realty Trust ^‡		1,492		106,603
Industrial Logistics Properties Trust ^‡		18,277		295,356
Innovative Industrial Properties, Cl A ^‡		7,087		1,024,709
iStar ^‡		19,023		320,347
Kennedy-Wilson Holdings		33,570		757,004
Kite Realty Group Trust ^‡		61,545		1,372,454
LTC Properties ^‡		11,190		369,270
LXP Industrial Trust ^‡		79,449		997,085
Macerich ^‡		60,799		763,027
Marcus & Millichap		6,714		300,720
National Health Investors ^‡		12,309		634,283
National Storage Affiliates Trust ^‡		23,126		1,308,932

The accompanying notes are an integral part of the financial statements.

142

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Necessity Retail REIT ^‡		35,419	$	264,580
NETSTREIT ^‡		11,190		241,928
Newmark Group, Cl A		47,744		580,090
NexPoint Residential Trust ^‡		6,341		565,364
Office Properties Income Trust ^‡		13,428		290,313
One Liberty Properties ^‡		4,476		128,237
Outfront Media ^‡		41,403		1,059,917
Paramount Group ^‡		52,966		503,707
Pebblebrook Hotel Trust ^‡		36,927		901,757
Phillips Edison ^{‡ *}		32,451		1,098,791
Physicians Realty Trust ^‡		62,664		1,074,061
Piedmont Office Realty Trust, Cl A ^‡		35,062		564,498
Plymouth Industrial REIT ^‡		8,952		215,922
Postal Realty Trust, Cl A ^‡		4,849		81,609
PotlatchDeltic ^‡		18,650		1,033,024
Preferred Apartment Communities ^‡		14,920		371,210
PS Business Parks ^‡		5,595		1,047,384
Rafael Holdings, Cl B ^*		3,357		7,218
RE, Cl A		5,222		122,508
Realogy Holdings ^*		32,824		359,751
Redfin ^*		29,467		328,557
Retail Opportunity Investments ^‡		33,927		632,060
RLJ Lodging Trust ^‡		46,998		658,912
RMR Group, Cl A		4,476		122,105
RPT Realty ^‡		23,872		317,259
Ryman Hospitality Properties ^{‡ *}		15,293		1,429,590
Sabra Health Care ^‡		64,902		758,055
Safehold ^‡		5,968		256,922
Saul Centers ^‡		3,357		173,255
Seritage Growth Properties ^{‡ *}		10,444		103,396
Service Properties Trust ^‡		46,625		378,595
SITE Centers ^‡		49,236		782,852

The accompanying notes are an integral part of the financial statements.

143

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
St. Joe		9,325	$	496,183
STAG Industrial ^‡		50,728		1,893,169
Summit Hotel Properties ^{‡ *}		29,467		290,839
Sunstone Hotel Investors ^{‡ *}		61,918		758,496
Tanger Factory Outlet Centers ^‡		29,094		469,286
Tejon Ranch ^*		5,968		109,274
Terreno Realty ^‡		20,888		1,519,602
UMH Properties ^‡		12,309		289,508
Uniti Group ^‡		55,950		693,221
Universal Health Realty Income Trust ^‡		3,730		187,209
Urban Edge Properties ^‡		32,824		613,481
Urstadt Biddle Properties, Cl A ^‡		8,579		148,846
Veris Residential ^{‡ *}		24,991		400,106
Washington Real Estate Investment Trust ^‡		23,872		575,076
Whitestone REIT, Cl B ^‡		13,055		158,618
Xenia Hotels & Resorts ^{‡ *}		32,451		625,980
				55,750,328


Utilities — 1.6%
ALLETE		14,920		885,353
American States Water		10,444		821,525
Artesian Resources, Cl A		2,238		104,067
Avista		20,142		817,161
Black Hills		18,277		1,338,607
Cadiz ^*		6,341		12,555
California Water Service Group		14,920		773,900
Chesapeake Utilities		4,849		606,949
Clearway Energy, Cl A		10,071		286,218
Clearway Energy, Cl C		23,126		706,037
Global Water Resources		3,730		53,414
MGE Energy		10,444		813,274
Middlesex Water		4,849		431,319
New Jersey Resources		27,602		1,191,302

The accompanying notes are an integral part of the financial statements.

144

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Northwest Natural Holding		8,579	$	410,334
NorthWestern		15,293		866,960
ONE Gas		14,920		1,258,800
Ormat Technologies		13,039		1,013,130
Otter Tail		11,563		670,191
PNM Resources		24,245		1,131,272
Portland General Electric		25,721		1,217,375
Pure Cycle ^*		5,595		58,468
SJW Group		7,833		462,147
South Jersey Industries		29,094		994,724
Southwest Gas Holdings		18,650		1,643,252
Spire		14,547		1,058,294
Sunnova Energy International ^*		24,602		424,877
Unitil		4,476		228,276
Via Renewables, Cl A		3,357		23,969
York Water		3,730		144,276
				20,448,026


TOTAL UNITED STATES				683,010,777
TOTAL COMMON STOCK
(Cost $718,398,247)				696,042,293

EXCHANGE TRADED FUND — 45.9%
Vanguard Russell 2000 ETF (Cost $629,354,775 )		7,875,305		588,206,531

The accompanying notes are an integral part of the financial statements.

145

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

	Number of Rights/ Number of Contracts			Value
RIGHTS* — 0.0%
United States — 0.0%
Pulse Biosciences Inc# (Cost $–)		176		$	—

TOTAL INVESTMENTS — 100.2%
(Cost $1,347,753,022)				$	1,284,248,824


				Value
WRITTEN OPTIONS— (0.4)%⁽¹⁾
UNITED STATES— (0.4)%
(Premiums Received $(36,166,352))		(6,877	)	$	(4,917,055	)

Percentages are based on Net Assets of $1,281,308,494.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS— (0.4)%
Call Options
Russell 2000 Index^*		(6,877	)	$	(1,389,154,000	)	$	2,020.00	05/20/22	$	(4,917,055	)

*	Non-income producing security.
#	Expiration unavailable.
‡	Real Estate Investment Trust
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was $1,284,248,824.

Cl — Class

ETF — Exchange Traded Fund

REIT — Real Estate Investment Trust

The accompanying notes are an integral part of the financial statements.

146

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Russell 2000 Covered Call ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	696,042,293	$	—	$	—	$	696,042,293
Exchange Traded Fund		588,206,531		—		—		588,206,531
Right		—		—		—		—
Total Investments in Securities	$	1,284,248,824	$	—	$	—	$	1,284,248,824

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(4,917,055	)	$	–	$	–	$	(4,917,055	)
Total Other Financial Instruments	$	(4,917,055	)	$	–	$	–	$	(4,917,055	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

147

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Dow 30^® Covered Call ETF

	Shares		Value
COMMON STOCK — 100.7%^(A)
UNITED STATES — 100.7%
Communication Services — 3.2%
Verizon Communications		2,350	$	108,805
Walt Disney ^*		2,350		262,331
				371,136


Consumer Discretionary — 13.6%
Home Depot		2,350		705,940
McDonald’s		2,350		585,526
NIKE, Cl B		2,350		293,045
				1,584,511


Consumer Staples — 8.5%
Coca-Cola		2,350		151,833
Procter & Gamble		2,350		377,293
Walgreens Boots Alliance		2,350		99,640
Walmart		2,350		359,527
				988,293


Energy — 3.2%
Chevron		2,350		368,175

The accompanying notes are an integral part of the financial statements.

148

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Dow 30^® Covered Call ETF

	Shares		Value
COMMON STOCK — continued
Financials — 15.5%
American Express		2,350	$	410,568
Goldman Sachs Group		2,350		717,902
JPMorgan Chase		2,350		280,496
Travelers		2,350		401,991
				1,810,957


Health Care — 20.3%
Amgen		2,350		547,996
Johnson & Johnson		2,350		424,081
Merck		2,350		208,421
UnitedHealth Group		2,350		1,195,093
				2,375,591


Industrials — 14.0%
3Mmmm		2,350		338,917
Boeing ^*		2,350		349,774
Caterpillar		2,350		494,769
Honeywell International		2,350		454,748
				1,638,208


Information Technology — 21.1%
Apple		2,350		370,477
Cisco Systems		2,350		115,103
Intel		2,350		102,436
International Business Machines		2,350		310,694
Microsoft		2,350		652,172
Salesforce ^*		2,350		413,459
Visa, Cl A		2,350		500,856
				2,465,197


Materials — 1.3%
Dow		2,350		156,275


TOTAL UNITED STATES				11,758,343

The accompanying notes are an integral part of the financial statements.

149

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Dow 30^® Covered Call ETF

COMMON STOCK — continued	Number of Contracts	Value
TOTAL COMMON STOCK
(Cost $12,154,435)		$	11,758,343
TOTAL INVESTMENTS — 100.7%
(Cost $12,154,435)		$	11,758,343


		Value
WRITTEN OPTIONS— (0.7)%⁽¹⁾
UNITED STATES— (0.7)%
(Premiums Received $(193,673))	(356)	$	(83,660	)

Percentages are based on Net Assets of $11,680,628.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS — (0.7)%
Call Options
Dow Jones Industrial Average^*		(356	)	$	(12,353,200	)	$	347.00	05/20/22	$	(83,660	)

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was$11,758,343.

Cl — Class

The accompanying notes are an integral part of the financial statements.

150

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Dow 30^® Covered Call ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	11,758,343	$	—	$	—	$	11,758,343
Total Investments in Securities	$	11,758,343	$	—	$	—	$	11,758,343

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(83,660	)	$	–	$	–	$	(83,660	)
Total Other Financial Instruments	$	(83,660	)	$	–	$	–	$	(83,660	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

151

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — 100.1%^(A)
BRAZIL — 0.4%
Consumer Discretionary — 0.4%
MercadoLibre ^*		251	$	244,381


CHINA — 1.3%
Communication Services — 0.4%
Baidu ADR ^*		1,183		146,893
NetEase ADR		1,062		101,241
				248,134


Consumer Discretionary — 0.5%
JD.com ADR ^*		2,992		184,487
Pinduoduo ADR ^*		2,137		92,083
				276,570


Information Technology — 0.4%
NXP Semiconductors		1,365		233,278


TOTAL CHINA				757,982
NETHERLANDS — 0.4%
Information Technology — 0.4%
ASML Holding, Cl G		421		237,347

The accompanying notes are an integral part of the financial statements.

152

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Health Care — 0.3%
AstraZeneca ADR		2,880	$	191,232


UNITED STATES — 97.7%
Communication Services — 16.0%
Activision Blizzard		3,919		296,276
Alphabet, Cl A ^*		919		2,097,333
Alphabet, Cl C ^*		962		2,211,956
Charter Communications, Cl A ^*		873		374,072
Comcast, Cl A		22,994		914,241
Electronic Arts		1,400		165,270
Match Group ^*		1,372		108,594
Meta Platforms, Cl A ^*		10,586		2,122,175
Netflix ^*		2,261		430,404
Sirius XM Holdings		20,557		123,342
T-Mobile US ^*		6,287		774,181
				9,617,844


Consumer Discretionary — 15.3%
Airbnb, Cl A ^*		1,860		284,971
Amazon.com ^*		1,558		3,872,611
Booking Holdings ^*		206		455,324
Dollar Tree ^*		1,144		185,843
eBay		2,953		153,320
Lucid Group ^*		8,035		145,273
Lululemon Athletica ^*		637		225,899
Marriott International, Cl A		1,619		287,405
O’Reilly Automotive ^*		334		202,588
Ross Stores		1,816		181,182
Starbucks		5,807		433,434
Tesla ^*		3,162		2,753,343
				9,181,193

The accompanying notes are an integral part of the financial statements.

153

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — 6.3%
Costco Wholesale		2,254	$	1,198,497
Keurig Dr Pepper		7,246		271,000
Kraft Heinz		6,186		263,709
Mondelez International, Cl A		6,966		449,168
Monster Beverage ^*		2,708		232,022
PepsiCo		7,032		1,207,465
Walgreens Boots Alliance		4,356		184,694
				3,806,555


Health Care — 5.7%
Align Technology ^*		410		118,863
Amgen		2,828		659,462
Biogen ^*		721		149,564
Dexcom ^*		486		198,570
Gilead Sciences		6,308		374,317
IDEXX Laboratories ^*		444		191,133
Illumina ^*		781		231,684
Intuitive Surgical ^*		1,800		430,740
Moderna ^*		2,027		272,449
Regeneron Pharmaceuticals ^*		539		355,260
Seagen ^*		914		119,743
Vertex Pharmaceuticals ^*		1,306		356,825
				3,458,610


Industrials — 3.4%
Cintas		511		203,000
Copart ^*		1,167		132,630
CSX		11,204		384,745
Fastenal		2,916		161,284
Honeywell International		3,432		664,126
Old Dominion Freight Line		565		158,268
PACCAR		1,790		148,660
Verisk Analytics, Cl A		803		163,852
				2,016,565

The accompanying notes are an integral part of the financial statements.

154

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 49.7%
Adobe ^*		2,403	$	951,468
Advanced Micro Devices ^*		8,265		706,823
Analog Devices		2,642		407,872
ANSYS ^*		449		123,785
Apple		49,886		7,864,528
Applied Materials		4,503		496,906
Atlassian, Cl A ^*		711		159,854
Autodesk ^*		1,131		214,076
Automatic Data Processing		2,094		456,869
Broadcom		2,079		1,152,577
Cadence Design Systems ^*		1,386		209,078
Cisco Systems		20,935		1,025,396
Cognizant Technology Solutions, Cl A		2,630		212,767
Crowdstrike Holdings, Cl A ^*		1,052		209,095
Datadog, Cl A ^*		1,332		160,879
DocuSign, Cl A ^*		1,072		86,832
Fiserv ^*		3,343		327,347
Fortinet ^*		819		236,699
Intel		20,477		892,592
Intuit		1,416		592,950
KLA		753		240,403
Lam Research		712		331,621
Marvell Technology		4,249		246,782
Microchip Technology		2,754		179,561
Micron Technology		5,719		389,979
Microsoft		22,918		6,360,203
NVIDIA		10,758		1,995,286
Okta, Cl A ^*		738		88,051
Palo Alto Networks ^*		493		276,711
Paychex		1,843		233,563
PayPal Holdings ^*		5,860		515,270
QUALCOMM		5,665		791,344

The accompanying notes are an integral part of the financial statements.

155

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions		876		$	99,251
Splunk ^*		848			103,473
Synopsys ^*		757			217,100
Texas Instruments		4,646			790,981
VeriSign ^*		540			96,493
Workday, Cl A ^*		970			200,499
Zoom Video Communications, Cl A ^*		1,216			121,077
Zscaler ^*		710			143,945
					29,909,986


Utilities — 1.3%
American Electric Power		2,526			250,352
Constellation Energy		1,613			95,506
Exelon		4,993			233,572
Xcel Energy		2,743			200,952
					780,382


TOTAL UNITED STATES					58,771,135
TOTAL COMMON STOCK
(Cost $70,136,815)					60,202,077
TOTAL INVESTMENTS — 100.1%
(Cost $70,136,815)				$	60,202,077


				Value
WRITTEN OPTIONS— (0.2)%⁽¹⁾
UNITED STATES— (0.2)%
(Premiums Received $(949,118))		(37	)	$	(119,740	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $60,144,308.

The accompanying notes are an integral part of the financial statements.

156

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Nasdaq 100^® Covered Call & Growth ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS — (0.2)%
Call Options
Nasdaq-100 Index^*		(20	)	$	(28,100,000	)	$	14,050.00	05/20/22	$	(100,700	)
Nasdaq-100® Reduced-Value Index^*		(17	)		(4,777,000	)		2,810.00	05/20/22		(19,040	)
Total Written Options				$	(32,877,000	)				$	(119,740	)

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was$60,202,077.

ADR — American Depositary Receipt

Cl — Class

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	60,202,077	$	—	$	—	$	60,202,077
Total Investments in Securities	$	60,202,077	$	—	$	—	$	60,202,077

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(119,740	)	$	–	$	–	$	(119,740	)
Total Other Financial Instruments	$	(119,740	)	$	–	$	–	$	(119,740	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

157

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — 99.9%^(A)
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		256	$	43,750


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		324		40,429


UNITED KINGDOM — 0.5%
Materials — 0.5%
Linde		522		162,843


UNITED STATES — 99.2%
Communication Services — 8.6%
Activision Blizzard		790		59,724
Alphabet, Cl A ^*		302		689,221
Alphabet, Cl C ^*		280		643,812
AT&T		7,215		136,075
Charter Communications, Cl A ^*		128		54,847
Comcast, Cl A		4,587		182,379

The accompanying notes are an integral part of the financial statements.

158

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
DISH Network, Cl A ^*		252	$	7,184
Electronic Arts		251		29,631
Fox, Cl A		377		13,512
Fox, Cl B		129		4,288
Interpublic Group		381		12,428
Live Nation Entertainment ^*		126		13,215
Lumen Technologies		1,004		10,100
Match Group ^*		272		21,529
Meta Platforms, Cl A ^*		2,331		467,296
Netflix ^*		437		83,187
News, Cl A		381		7,567
News, Cl B		127		2,529
Omnicom Group		250		19,032
Paramount Global, Cl B		628		18,287
Take-Two Interactive Software ^*		125		14,939
T-Mobile US ^*		619		76,224
Twitter ^*		858		42,059
Verizon Communications		4,219		195,340
Walt Disney ^*		1,846		206,069
Warner Bros Discovery ^*		2,167		39,331
				3,049,805


Consumer Discretionary — 11.5%
Advance Auto Parts		82		16,370
Amazon.com ^*		445		1,106,105
Aptiv ^*		255		27,132
AutoZone ^*		21		41,065
Bath & Body Works		252		13,328
Best Buy		249		22,393
Booking Holdings ^*		40		88,412
BorgWarner		249		9,171
Caesars Entertainment ^*		244		16,172
CarMax ^*		191		16,384

The accompanying notes are an integral part of the financial statements.

159

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Carnival ^*		831	$	14,376
Chipotle Mexican Grill, Cl A ^*		24		34,935
Darden Restaurants		127		16,730
Dollar General		251		59,620
Dollar Tree ^*		250		40,612
Domino’s Pizza		42		14,196
DR Horton		369		25,679
eBay		625		32,450
Etsy ^*		124		11,556
Expedia Group ^*		127		22,193
Ford Motor		4,042		57,235
Garmin		130		14,266
General Motors ^*		1,490		56,486
Genuine Parts		129		16,776
Hasbro		128		11,272
Hilton Worldwide Holdings		251		38,978
Home Depot		1,066		320,226
Las Vegas Sands ^*		375		13,286
Lennar, Cl A		251		19,199
LKQ		256		12,705
Lowe’s		676		133,665
Marriott International, Cl A		252		44,735
McDonald’s		754		187,867
MGM Resorts International		384		15,759
Mohawk Industries ^*		38		5,360
Newell Brands		380		8,797
NIKE, Cl B		1,280		159,616
Norwegian Cruise Line Holdings ^*		371		7,431
NVR ^*		3		13,129
O’Reilly Automotive ^*		72		43,672
Penn National Gaming ^*		131		4,791
Pool		46		18,640

The accompanying notes are an integral part of the financial statements.

160

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
PulteGroup		254	$	10,607
PVH		59		4,294
Ralph Lauren, Cl A		78		8,139
Ross Stores		374		37,314
Royal Caribbean Cruises ^*		246		19,122
Starbucks		1,175		87,702
Tapestry		256		8,428
Target		504		115,240
Tesla ^*		844		734,921
TJX		1,255		76,906
Tractor Supply		125		25,181
Ulta Beauty ^*		53		21,030
Under Armour, Cl A ^*		238		3,656
Under Armour, Cl C ^*		249		3,533
VF		375		19,500
Whirlpool		73		13,251
Wynn Resorts ^*		123		8,669
Yum! Brands		285		33,348
				4,063,611


Consumer Staples — 6.9%
Altria Group		1,884		104,694
Archer-Daniels-Midland		599		53,646
Brown-Forman, Cl B		233		15,714
Campbell Soup		248		11,711
Church & Dwight		252		24,585
Clorox		124		17,790
Coca-Cola		3,966		256,243
Colgate-Palmolive		872		67,188
Conagra Brands		505		17,640
Constellation Brands, Cl A		157		38,636
Costco Wholesale		451		239,806
Estee Lauder, Cl A		231		60,998

The accompanying notes are an integral part of the financial statements.

161

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
General Mills		625	$	44,206
Hershey		127		28,673
Hormel Foods		256		13,412
J M Smucker		125		17,116
Kellogg		254		17,399
Kimberly-Clark		310		43,037
Kraft Heinz		671		28,605
Kroger		750		40,470
Lamb Weston Holdings		129		8,527
McCormick		251		25,243
Molson Coors Beverage, Cl B		238		12,885
Mondelez International, Cl A		1,327		85,565
Monster Beverage ^*		375		32,130
PepsiCo		1,412		242,455
Philip Morris International		1,591		159,100
Procter & Gamble		2,440		391,742
Sysco		501		42,825
Tyson Foods, Cl A		258		24,035
Walgreens Boots Alliance		757		32,097
Walmart		1,459		223,212
				2,421,385


Energy — 4.2%
APA		380		15,553
Baker Hughes, Cl A		787		24,413
Chevron		1,945		304,723
ConocoPhillips		1,363		130,194
Coterra Energy		707		20,355
Devon Energy		612		35,600
Diamondback Energy		173		21,838
EOG Resources		622		72,625
Exxon Mobil		4,278		364,699
Halliburton		894		31,844

The accompanying notes are an integral part of the financial statements.

162

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Hess		252	$	25,974
Kinder Morgan		2,011		36,500
Marathon Oil		866		21,581
Marathon Petroleum		635		55,410
Occidental Petroleum		883		48,644
ONEOK		501		31,728
Phillips 66		484		41,992
Pioneer Natural Resources		250		58,117
Schlumberger		1,480		57,735
Valero Energy		384		42,808
Williams		1,264		43,343
				1,485,676


Financials — 11.0%
Aflac		632		36,201
Allstate		262		33,154
American Express		648		113,212
American International Group		879		51,430
Ameriprise Financial		124		32,921
Aon, Cl A		224		64,510
Arthur J Gallagher		201		33,867
Assurant		39		7,093
Bank of America		7,238		258,252
Bank of New York Mellon		689		28,979
Berkshire Hathaway, Cl B ^*		1,851		597,558
BlackRock, Cl A		141		88,080
Brown & Brown		234		14,503
Capital One Financial		394		49,100
Cboe Global Markets		125		14,123
Charles Schwab		1,502		99,628
Chubb		454		93,728
Cincinnati Financial		125		15,333
Citigroup		2,018		97,288

The accompanying notes are an integral part of the financial statements.

163

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Citizens Financial Group		485	$	19,109
CME Group, Cl A		374		82,033
Comerica		127		10,401
Discover Financial Services		288		32,389
Everest Re Group		27		7,417
FactSet Research Systems		44		17,754
Fifth Third Bancorp		729		27,359
First Republic Bank		163		24,323
Franklin Resources		254		6,246
Globe Life		124		12,162
Goldman Sachs Group		329		100,506
Hartford Financial Services Group		379		26,503
Huntington Bancshares		1,454		19,120
Intercontinental Exchange		551		63,811
Invesco		380		6,984
JPMorgan Chase		2,975		355,096
KeyCorp		994		19,194
Lincoln National		141		8,481
Loews		252		15,836
M&T Bank		188		31,328
MarketAxess Holdings		26		6,854
Marsh & McLennan		504		81,497
MetLife		756		49,654
Moody’s		153		48,421
Morgan Stanley		1,483		119,515
MSCI, Cl A		85		35,806
Nasdaq		125		19,671
Northern Trust		177		18,240
PNC Financial Services Group		445		73,915
Principal Financial Group		254		17,308
Progressive		627		67,315
Prudential Financial		381		41,342

The accompanying notes are an integral part of the financial statements.

164

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Raymond James Financial		167	$	16,276
Regions Financial		1,009		20,907
S&P Global		357		134,411
Signature Bank NY		59		14,293
State Street		377		25,248
SVB Financial Group ^*		56		27,308
Synchrony Financial		551		20,282
T Rowe Price Group		206		25,346
Travelers		252		43,107
Truist Financial		1,384		66,916
US Bancorp		1,386		67,304
W R Berkley		177		11,769
Wells Fargo		3,932		171,553
Willis Towers Watson		127		27,287
Zions Bancorp		132		7,459
				3,874,016


Health Care — 14.1%
Abbott Laboratories		1,809		205,321
AbbVie		1,804		264,972
ABIOMED ^*		32		9,171
Agilent Technologies		316		37,689
Align Technology ^*		77		22,323
AmerisourceBergen, Cl A		125		18,911
Amgen		566		131,986
Anthem		245		122,973
Baxter International		499		35,459
Becton Dickinson		281		69,460
Biogen ^*		144		29,871
Bio-Rad Laboratories, Cl A ^*		15		7,681
Bio-Techne		43		16,327
Boston Scientific ^*		1,474		62,070
Bristol-Myers Squibb		2,147		161,605

The accompanying notes are an integral part of the financial statements.

165

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Cardinal Health		250	$	14,512
Catalent ^*		157		14,218
Centene ^*		624		50,263
Cerner		295		27,624
Charles River Laboratories International ^*		59		14,249
Cigna		338		83,412
Cooper		35		12,636
CVS Health		1,323		127,180
Danaher		645		161,979
DaVita ^*		91		9,862
DENTSPLY SIRONA		243		9,718
Dexcom ^*		106		43,309
Edwards Lifesciences ^*		629		66,536
Eli Lilly		792		231,367
Gilead Sciences		1,251		74,234
HCA Healthcare		252		54,067
Henry Schein ^*		129		10,462
Hologic ^*		254		18,285
Humana		126		56,015
IDEXX Laboratories ^*		87		37,452
Illumina ^*		144		42,718
Incyte ^*		230		17,241
Intuitive Surgical ^*		345		82,558
IQVIA Holdings ^*		180		39,238
Johnson & Johnson		2,651		478,399
Laboratory Corp of America Holdings		93		22,346
McKesson		147		45,513
Medtronic		1,381		144,121
Merck		2,541		225,361
Mettler-Toledo International ^*		23		29,383
Moderna ^*		365		49,060
Molina Healthcare ^*		60		18,807

The accompanying notes are an integral part of the financial statements.

166

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Organon		251	$	8,115
PerkinElmer		125		18,326
Pfizer		5,716		280,484
Quest Diagnostics		127		16,998
Regeneron Pharmaceuticals ^*		109		71,843
ResMed		141		28,196
STERIS		94		21,061
Stryker		336		81,063
Teleflex		51		14,567
Thermo Fisher Scientific		396		218,956
UnitedHealth Group		947		481,597
Universal Health Services, Cl B		47		5,759
Vertex Pharmaceuticals ^*		252		68,851
Viatris, Cl W ^*		1,239		12,799
Waters ^*		67		20,302
West Pharmaceutical Services		75		23,629
Zimmer Biomet Holdings		241		29,101
Zoetis, Cl A		456		80,826
				4,990,417


Industrials — 7.8%
3M		579		83,503
Alaska Air Group ^*		127		6,907
Allegion		123		14,051
American Airlines Group ^*		624		11,712
AMETEK		249		31,439
AO Smith		127		7,421
Boeing ^*		576		85,732
Carrier Global		870		33,295
Caterpillar		551		116,007
CH Robinson Worldwide		127		13,481
Cintas		99		39,329
Copart ^*		189		21,480

The accompanying notes are an integral part of the financial statements.

167

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
CSX		2,104	$	72,251
Cummins		128		24,216
Deere		279		105,336
Delta Air Lines ^*		625		26,894
Dover		127		16,929
Eaton		379		54,963
Emerson Electric		626		56,453
Equifax		125		25,440
Expeditors International of Washington		200		19,814
Fastenal		617		34,126
FedEx		249		49,486
Fortive		369		21,217
Fortune Brands Home & Security		127		9,049
Generac Holdings ^*		65		14,260
General Dynamics		250		59,132
General Electric		1,121		83,571
Honeywell International		681		131,780
Howmet Aerospace		381		13,000
Huntington Ingalls Industries		26		5,531
IDEX		90		17,084
Illinois Tool Works		280		55,191
Ingersoll Rand		379		16,661
Jacobs Engineering Group		127		17,596
JB Hunt Transport Services		78		13,326
Johnson Controls International		749		44,843
L3Harris Technologies		218		50,633
Leidos Holdings		127		13,146
Lockheed Martin		251		108,462
Masco		254		13,383
Nielsen Holdings		379		10,161
Nordson		65		14,020
Norfolk Southern		252		64,986

The accompanying notes are an integral part of the financial statements.

168

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Northrop Grumman		145	$	63,713
Old Dominion Freight Line		103		28,852
Otis Worldwide		402		29,282
PACCAR		373		30,978
Parker-Hannifin		125		33,852
Pentair		131		6,648
Quanta Services		127		14,729
Raytheon Technologies		1,502		142,555
Republic Services, Cl A		201		26,988
Robert Half International		125		12,289
Rockwell Automation		125		31,584
Rollins		251		8,419
Snap-On		37		7,862
Southwest Airlines ^*		630		29,434
Stanley Black & Decker		153		18,383
Textron		251		17,382
Trane Technologies		248		34,693
TransDigm Group ^*		51		30,335
Union Pacific		661		154,866
United Airlines Holdings ^*		371		18,735
United Parcel Service, Cl B		739		133,005
United Rentals ^*		69		21,840
Verisk Analytics, Cl A		152		31,016
Waste Management		381		62,652
Westinghouse Air Brake Technologies		158		14,206
WW Grainger		49		24,501
Xylem		164		13,202
				2,769,298


Information Technology — 27.1%
Accenture, Cl A		640		192,230
Adobe ^*		467		184,909
Advanced Micro Devices ^*		1,612		137,858

The accompanying notes are an integral part of the financial statements.

169

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Akamai Technologies ^*		130	$	14,596
Amphenol, Cl A		627		44,831
Analog Devices		510		78,734
ANSYS ^*		99		27,293
Apple		15,674		2,471,006
Applied Materials		872		96,225
Arista Networks ^*		213		24,616
Autodesk ^*		219		41,452
Automatic Data Processing		416		90,763
Broadcom		419		232,289
Broadridge Financial Solutions		125		18,016
Cadence Design Systems ^*		254		38,316
CDW		127		20,724
Ceridian HCM Holding ^*		130		7,297
Cisco Systems		4,299		210,565
Citrix Systems ^*		125		12,513
Cognizant Technology Solutions, Cl A		501		40,531
Corning		754		26,533
DXC Technology ^*		254		7,290
Enphase Energy ^*		124		20,014
EPAM Systems ^*		52		13,780
F5 ^*		41		6,864
Fidelity National Information Services		625		61,969
Fiserv ^*		623		61,004
FleetCor Technologies ^*		95		23,704
Fortinet ^*		127		36,704
Gartner ^*		96		27,893
Global Payments		284		38,902
Hewlett Packard Enterprise		1,377		21,220
HP		967		35,421
Intel		4,161		181,378
International Business Machines		907		119,915

The accompanying notes are an integral part of the financial statements.

170

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Intuit		294	$	123,113
IPG Photonics ^*		57		5,385
Jack Henry & Associates		88		16,683
Juniper Networks		375		11,820
Keysight Technologies ^*		192		26,932
KLA		147		46,931
Lam Research		140		65,206
Mastercard, Cl A		881		320,138
Microchip Technology		509		33,187
Micron Technology		1,134		77,327
Microsoft		7,588		2,105,822
Monolithic Power Systems		54		21,181
Motorola Solutions		158		33,763
NetApp		250		18,313
NortonLifeLock		629		15,750
NVIDIA		2,512		465,901
Oracle		1,560		114,504
Paychex		313		39,667
Paycom Software ^*		53		14,918
PayPal Holdings ^*		1,180		103,757
PTC ^*		121		13,819
Qorvo ^*		125		14,223
QUALCOMM		1,129		157,710
Roper Technologies		105		49,342
Salesforce ^*		995		175,060
Seagate Technology Holdings		173		14,193
ServiceNow ^*		203		97,054
Skyworks Solutions		154		17,448
SolarEdge Technologies ^*		64		16,026
Synopsys ^*		146		41,871
Teledyne Technologies ^*		35		15,104
Teradyne		131		13,815

The accompanying notes are an integral part of the financial statements.

171

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Texas Instruments		919	$	156,460
Trimble ^*		252		16,808
Tyler Technologies ^*		50		19,736
VeriSign ^*		93		16,618
Visa, Cl A		1,694		361,042
Western Digital ^*		350		18,575
Zebra Technologies, Cl A ^*		53		19,592
				9,562,149


Materials — 2.4%
Air Products & Chemicals		220		51,495
Albemarle		125		24,104
Amcor		1,634		19,379
Avery Dennison		95		17,157
Ball		369		29,948
Celanese, Cl A		125		18,367
CF Industries Holdings		250		24,207
Corteva		750		43,267
Dow		754		50,141
DuPont de Nemours		504		33,229
Eastman Chemical		127		13,039
Ecolab		249		42,166
FMC		127		16,833
Freeport-McMoRan		1,506		61,068
International Flavors & Fragrances		252		30,568
International Paper		381		17,633
LyondellBasell Industries, Cl A		254		26,932
Martin Marietta Materials		66		23,379
Mosaic		377		23,532
Newmont		861		62,724
Nucor		254		39,314
Packaging Corp of America		123		19,824
PPG Industries		249		31,869

The accompanying notes are an integral part of the financial statements.

172

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Sealed Air		129	$	8,283
Sherwin-Williams		250		68,740
Vulcan Materials		127		21,881
Westrock		255		12,630
				831,709


Real Estate — 2.8%
Alexandria Real Estate Equities ^‡		125		22,770
American Tower, Cl A ^‡		442		106,531
AvalonBay Communities ^‡		125		28,435
Boston Properties ^‡		128		15,053
Camden Property Trust ^‡		200		31,378
CBRE Group, Cl A ^*		369		30,642
Crown Castle International ^‡		408		75,566
Digital Realty Trust ^‡		259		37,845
Duke Realty ^‡		379		20,750
Equinix ^‡		92		66,155
Equity Residential ^‡		369		30,073
Essex Property Trust ^‡		57		18,768
Extra Space Storage ^‡		127		24,130
Federal Realty Investment Trust ^‡		60		7,024
Healthpeak Properties ^‡		521		17,094
Host Hotels & Resorts ^‡		756		15,385
Iron Mountain ^‡		257		13,809
Kimco Realty ^‡		571		14,463
Mid-America Apartment Communities ^‡		125		24,585
ProLogis ^‡		754		120,859
Public Storage ^‡		146		54,239
Realty Income ^‡		519		35,998
Regency Centers ^‡		129		8,879
SBA Communications, Cl A ^‡		106		36,794
Simon Property Group ^‡		325		38,350
UDR ^‡		266		14,154

The accompanying notes are an integral part of the financial statements.

173

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Ventas ^‡		379	$	21,053
Vornado Realty Trust ^‡		129		4,994
Welltower ^‡		435		39,502
Weyerhaeuser ^‡		760		31,327
				1,006,605


Utilities — 2.8%
AES		721		14,723
Alliant Energy		253		14,879
Ameren		252		23,411
American Electric Power		503		49,852
American Water Works		190		29,275
Atmos Energy		123		13,948
CenterPoint Energy		625		19,131
CMS Energy		257		17,653
Consolidated Edison		375		34,778
Constellation Energy		333		19,717
Dominion Energy		761		62,128
DTE Energy		183		23,980
Duke Energy		761		83,832
Edison International		372		25,590
Entergy		169		20,086
Evergy		251		17,030
Eversource Energy		374		32,688
Exelon		1,004		46,967
FirstEnergy		588		25,466
NextEra Energy		1,989		141,259
NiSource		382		11,124
NRG Energy		252		9,047
Pinnacle West Capital		125		8,900
PPL		769		21,770
Public Service Enterprise Group		506		35,248
Sempra Energy		312		50,344

The accompanying notes are an integral part of the financial statements.

174

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Utilities — continued
Southern		1,077		$	79,041
WEC Energy Group		302			30,215
Xcel Energy		518			37,949
					1,000,031


TOTAL UNITED STATES					35,054,702
TOTAL COMMON STOCK
(Cost $38,494,497)					35,301,724
TOTAL INVESTMENTS — 99.9%
(Cost $38,494,497)				$	35,301,724


				Value
WRITTEN OPTIONS— (0.1)%⁽¹⁾
UNITED STATES— (0.1)%
(Premiums Received $(378,527))		(76	)	$	(42,709	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $35,329,782.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
WRITTEN OPTIONS — (0.1)%
Call Options
Mini-SPX Index^*		(37	)	$	(1,639,100	)	$	443.00	05/20/22	$	(3,904	)
S&P 500 Index^*		(39	)		(17,277,000	)		4,430.00	05/20/22		(38,805	)
Total Written Options				$	(18,916,100	)				$	(42,709	)

*	Non-income producing security.
‡	Real Estate Investment Trust
(1)	Refer to table below for details on Options Contracts.

The accompanying notes are an integral part of the financial statements.

175

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Covered Call & Growth ETF

(A)	All or a portion of these securities has been segregated as collateral for writtenoptions contracts. The aggregate market value of collateral at April 30, 2022 was$35,301,724.

Cl — Class

S&P — Standard & Poor’s

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	35,301,724	$	—	$	—	$	35,301,724
Total Investments in Securities	$	35,301,724	$	—	$	—	$	35,301,724

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Written Options	$	(42,709	)	$	–	$	–	$	(42,709	)
Total Other Financial Instruments	$	(42,709	)	$	–	$	–	$	(42,709	)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

176

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares		Value
PREFERRED STOCK — 99.5%
UNITED STATES— 99.5%
Communication Services — 4.5%
Paramount Global, 5.750% ^(A)		68,874	$	2,958,138
Telephone and Data Systems, 6.625%		112,736		2,667,334
Telephone and Data Systems, 6.000%		180,514		3,651,798
				9,277,270
Consumer Discretionary — 3.4%
Qurate Retail, 8.000%		84,982		6,924,333
Consumer Staples — 1.7%
CHS, Ser 3, 6.750%, ICE LIBOR USD 3 Month + 4.155% ^(B)		133,073		3,523,773
Energy — 6.2%
Crestwood Equity Partners, 9.250%		484,529		4,796,837
Energy Transfer, 7.600%, ICE LIBOR USD 3 Month + 5.161% ^(B)		215,022		5,203,532

The accompanying notes are an integral part of the financial statements.

177

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares		Value
PREFERRED STOCK — continued
Energy — continued
Energy Transfer, 7.375%, ICE LIBOR USD 3 Month + 4.530% ^(B)		120,366	$	2,861,100
				12,861,469
Financials — 66.7%
AGNC Investment, 6.500%, ICE LIBOR USD 3 Month + 4.993% ^‡,(B)		110,910		2,657,404
AGNC Investment, 6.125%, ICE LIBOR USD 3 Month + 4.697% ^‡,(B)		158,423		3,662,740
Allstate, 5.625%		156,399		3,823,956
American International Group, 5.850%		133,039		3,292,715
Annaly Capital Management, 6.950%, ICE LIBOR USD 3 Month + 4.993% ^‡,(B)		194,826		4,837,530
Annaly Capital Management, 6.750%, ICE LIBOR USD 3 Month + 4.989% ^‡,(B)		121,117		2,996,435
Annaly Capital Management, 6.500%, ICE LIBOR USD 3 Month + 4.172% ^‡,(B)		115,346		2,676,027
Apollo Asset Management, 6.375%		74,370		1,849,582
Athene Holding, 6.350%, ICE LIBOR USD 3 Month + 4.253% ^(B)		232,528		5,917,838
Bank of America, 6.000%		255,802		6,400,166
Bank of America, 5.875% ^(A)		163,108		3,992,884
Brighthouse Financial, 5.375%		152,305		3,260,850
Charles Schwab, 5.950%		204,484		5,157,086
Citigroup, Ser J, 7.125%, ICE LIBOR USD 3 Month + 4.040% ^(B)		81,425		2,125,192
Citigroup, 6.875%, ICE LIBOR USD 3 Month + 4.130% ^(B)		128,411		3,405,460
Citigroup Capital XIII, 7.609%, ICE LIBOR USD 3 Month + 6.370% ^(B)		189,850		5,146,833
Citizens Financial Group, 6.350%, ICE LIBOR USD 3 Month + 3.642% ^(B)		79,635		2,060,157
Fifth Third Bancorp, 6.625%, ICE LIBOR USD 3 Month + 3.710% ^(B)		122,457		3,170,412

The accompanying notes are an integral part of the financial statements.

178

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares		Value
PREFERRED STOCK — continued
Financials — continued
Goldman Sachs Group, 6.375%, ICE LIBOR USD 3 Month + 3.550% ^(B)		186,301	$	4,769,306
JPMorgan Chase, 6.000%		216,679		5,427,809
JPMorgan Chase, 5.750%		200,466		4,921,440
Morgan Stanley, Ser E, 7.125%, ICE LIBOR USD 3 Month + 4.320% ^(B)		127,848		3,340,668
Morgan Stanley, Ser F, 6.875%, ICE LIBOR USD 3 Month + 3.940% ^(B)		126,678		3,293,628
Morgan Stanley, 6.375%, ICE LIBOR USD 3 Month + 3.708% ^(B)		148,990		3,878,210
New Residential Investment, 7.000%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 6.223% ^‡,(B)		125,720		2,944,362
New Residential Investment, 6.375%, ICE LIBOR USD 3 Month + 4.969% ^‡,(B)		109,517		2,344,759
New York Community Bancorp, 6.375%, ICE LIBOR USD 3 Month + 3.821% ^(B)		134,011		3,446,763
PNC Financial Services Group, 5.353%, ICE LIBOR USD 3 Month + 4.067% ^(B)		407,478		10,231,773
Regions Financial, Ser B, 6.375%, ICE LIBOR USD 3 Month + 3.536% ^(B)		132,249		3,398,799
Reinsurance Group of America, 6.200%, ICE LIBOR USD 3 Month + 4.370% ^(B)		108,510		2,758,324
State Street, 5.900%, ICE LIBOR USD 3 Month + 3.108% ^(B)		202,009		5,090,627
Synchrony Financial, 5.625%		198,424		4,103,408
Wells Fargo, 6.625%, ICE LIBOR USD 3 Month + 3.690% ^(B)		108,767		2,855,134
Wells Fargo, 5.850%, ICE LIBOR USD 3 Month + 3.090% ^(B)		221,820		5,410,190
Wells Fargo, 5.625%		88,854		2,096,954
				136,745,421
Health Care — 5.1%
Becton Dickinson, 6.000%		202,921		10,371,292

The accompanying notes are an integral part of the financial statements.

179

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares/Face Amount		Value
PREFERRED STOCK — continued
Industrials — 5.0%
Clarivate, 5.250%		94,307	$	6,085,631
WESCO International, 10.625%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 10.325% ^(B)		146,781		4,190,598
				10,276,229
Real Estate — 1.8%
Brookfield Property Preferred, 6.250%		181,055		3,778,618
Utilities — 5.1%
Duke Energy, 5.750%		267,565		6,967,393
NiSource, 6.500%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 3.632% ^(B)		133,413		3,491,418
				10,458,811
TOTAL UNITED STATES				204,217,216
TOTAL PREFERRED STOCK
(Cost $217,106,825)				204,217,216
SHORT-TERM INVESTMENT^(C)(D) — 0.7%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $1,373,523)		1,373,523		1,373,523

REPURCHASE AGREEMENT^(C) — 0.5%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $984,892 (collateralized by various U.S. Treasury Obligations, ranging in par value $78,434 - $105,460, 0.250%, 09/30/2025, with a total market value of $1,003,956)
(Cost $984,872)	$	984,872		984,872
TOTAL INVESTMENTS — 100.7%
(Cost $219,465,220)			$	206,575,611

The accompanying notes are an integral part of the financial statements.

180

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X SuperIncome™ Preferred ETF

Percentages are based on Net Assets of $205,102,403.

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $2,307,309.
(B)	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; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates.
(C)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $2,358,395.
(D)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

Cl — Class

ICE — Intercontinental Exchange

LIBOR — London Interbank Offered Rate

Ser — Series

USD — U.S. Dollar

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Preferred Stock	$	204,217,216	$	—	$	—	$	204,217,216
Short-Term Investment		1,373,523		—		—		1,373,523
Repurchase Agreement		—		984,872		—		984,872
Total Investments in Securities	$	205,590,739	$	984,872	$	—	$	206,575,611

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

181

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — 94.2%
AUSTRIA — 6.1%
Utilities — 6.1%
Verbund		67,791	$	7,308,964


BRAZIL — 9.4%
Utilities — 9.4%
Centrais Eletricas Brasileiras		830,506		6,788,676
Engie Brasil Energia		525,561		4,446,712


TOTAL BRAZIL				11,235,388
CANADA — 8.7%
Utilities — 8.7%
Boralex, Cl A		65,943		1,986,984
Innergex Renewable Energy		123,933		1,667,891
Northland Power		145,863		4,424,794
TransAlta Renewables		171,725		2,394,382


TOTAL CANADA				10,474,051
CHINA — 5.6%
Utilities — 5.6%
China Longyuan Power Group, Cl H		2,151,000		4,227,350
Xinyi Energy Holdings		4,571,600		2,476,284


TOTAL CHINA				6,703,634

The accompanying notes are an integral part of the financial statements.

182

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
DENMARK — 5.9%
Utilities — 5.9%
Orsted		62,564	$	7,035,156


FRANCE — 3.2%
Utilities — 3.2%
Albioma		20,721		1,105,006
Neoen		68,879		2,775,768


TOTAL FRANCE				3,880,774
GERMANY — 1.9%
Utilities — 1.9%
Encavis		103,117		2,279,015


GREECE — 1.2%
Utilities — 1.2%
Terna Energy		74,057		1,387,529


HONG KONG — 0.5%
Utilities — 0.5%
Concord New Energy Group		5,905,200		549,416


INDIA — 1.7%
Utilities — 1.7%
Azure Power Global ^{* (A)}		41,668		585,435
ReNew Energy Global, Cl A ^*		184,698		1,473,890


TOTAL INDIA				2,059,325
ISRAEL — 2.0%
Utilities — 2.0%
Energix-Renewable Energies		332,607		1,139,696
Enlight Renewable Energy ^*		598,122		1,297,895


TOTAL ISRAEL				2,437,591
ITALY — 4.3%
Utilities — 4.3%
ERG		96,741		3,357,681

The accompanying notes are an integral part of the financial statements.

183

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Falck Renewables ^*		187,352	$	1,746,215


TOTAL ITALY				5,103,896
JAPAN — 1.5%
Utilities — 1.5%
RENOVA ^*		51,177		638,725
West Holdings		29,438		1,186,063


TOTAL JAPAN				1,824,788
NEW ZEALAND — 9.4%
Utilities — 9.4%
Contact Energy		501,356		2,661,820
Mercury NZ		877,323		3,450,732
Meridian Energy		1,659,097		5,104,218


TOTAL NEW ZEALAND				11,216,770
RUSSIA — 0.3%
Utilities — 0.3%
RusHydro PJSC ^*(B)(C)(D)		271,804,543		308,013
RusHydro PJSC ADR ^(B)(C)(D)		196,668		22,287


TOTAL RUSSIA				330,300
SOUTH AFRICA — 1.1%
Utilities — 1.1%
Scatec		102,033		1,264,933


SPAIN — 9.7%
Utilities — 9.7%
Atlantica Sustainable Infrastructure		71,321		2,203,819
EDP Renovaveis		319,252		7,625,055
Solaria Energia y Medio Ambiente ^*		79,964		1,798,517


TOTAL SPAIN				11,627,391

The accompanying notes are an integral part of the financial statements.

184

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
THAILAND — 7.4%
Utilities — 7.4%
Absolute Clean Energy NVDR		6,610,239	$	602,159
BCPG NVDR		1,849,483		664,194
Energy Absolute NVDR		2,404,105		6,212,067
Gunkul Engineering NVDR		5,772,495		977,532
Super Energy NVDR		17,422,052		442,545


TOTAL THAILAND				8,898,497
UNITED KINGDOM — 2.2%
Utilities — 2.2%
Drax Group		256,763		2,604,702


UNITED STATES — 12.1%
Energy — 4.8%
Enviva		39,269		3,311,948
Gevo ^{* (A)}		128,720		477,551
Renewable Energy Group ^*		32,287		1,971,444
				5,760,943


Industrials — 2.2%
Sunrun ^*		134,471		2,686,730


Utilities — 5.1%
NextEra Energy Partners		49,349		3,289,604
Ormat Technologies		36,028		2,799,376
				6,088,980


TOTAL UNITED STATES				14,536,653
TOTAL COMMON STOCK
(Cost $130,520,847)				112,758,773

The accompanying notes are an integral part of the financial statements.

185

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

	Shares/Face Amount		Value
MASTER LIMITED PARTNERSHIP — 5.3%
CANADA— 5.3%
Utilities — 5.3%
Brookfield Renewable Partners, Cl A (Cost $5,109,277)		178,217	$	6,307,073

SHORT-TERM INVESTMENT^(E)(F) — 0.4%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $488,409)		488,409		488,409

REPURCHASE AGREEMENT^(E) — 0.3%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $350,217 (collateralized by various U.S. Treasury Obligations, ranging in par value $27,890 - $37,500, 0.250%, 09/30/2025, with a total market value of $356,992)
(Cost $350,210)	$	350,210		350,210
TOTAL INVESTMENTS — 100.2%
(Cost $136,468,743)			$	119,904,465

Percentages are based on Net Assets of $119,648,580.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $813,146.
(B)	Level 3 security in accordance with fair value hierarchy.
(C)	Security considered illiquid. The total value of such securities as of April 30, 2022 was $330,300 and represented 0.3% of Net Assets.
(D)	Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2022, was $330,300 and represents 0.30% of Net Assets.

The accompanying notes are an integral part of the financial statements.

186

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Renewable Energy Producers ETF

(E)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $838,619.
(F)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

ADR — American Depositary Receipt

Cl — Class

NVDR — Non-Voting Depositary Receipt

PJSC — Public Joint Stock Company

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾		Total
Common Stock	$	108,166,094	$	4,262,379	$	330,300	$	112,758,773
Master Limited Partnership		6,307,073		—		—		6,307,073
Short-Term Investment		488,409		—		—		488,409
Repurchase Agreement		—		350,210		—		350,210
Total Investments in Securities	$	114,961,576	$	4,612,589	$	330,300	$	119,904,465

(1)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

187

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — 99.8%
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		4,587	$	783,919


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		5,672		707,752


UNITED KINGDOM — 0.5%
Materials — 0.5%
Linde		8,623		2,690,031


UNITED STATES — 99.1%
Communication Services — 8.7%
Activision Blizzard		13,322		1,007,143
Alphabet, Cl A ^*		5,149		11,750,996
Alphabet, Cl C ^*		4,756		10,935,614
AT&T		121,562		2,292,659
Charter Communications, Cl A ^*		2,084		892,973
Comcast, Cl A		77,874		3,096,270

The accompanying notes are an integral part of the financial statements.

188

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
DISH Network, Cl A ^*		4,655	$	132,714
Electronic Arts		4,845		571,952
Fox, Cl A		4,390		157,338
Fox, Cl B		2,864		95,199
Interpublic Group		7,318		238,713
Lumen Technologies		18,074		181,825
Match Group ^*		4,531		358,629
Meta Platforms, Cl A ^*		39,470		7,912,551
Netflix ^*		7,542		1,435,695
News, Cl A		7,215		143,290
News, Cl B		2,259		44,977
Omnicom Group		3,570		271,784
Paramount Global, Cl B		10,299		299,907
Take-Two Interactive Software ^*		2,154		257,425
T-Mobile US ^*		10,171		1,252,457
Twitter ^*		14,066		689,515
Verizon Communications		70,717		3,274,197
Walt Disney ^*		31,127		3,474,707
Warner Bros Discovery ^*		37,954		688,865
				51,457,395


Consumer Discretionary — 11.6%
Advance Auto Parts		917		183,061
Amazon.com ^*		7,585		18,853,504
Aptiv ^*		4,950		526,680
AutoZone ^*		338		660,949
Bath & Body Works		4,529		239,539
Best Buy		3,416		307,201
Booking Holdings ^*		727		1,606,895
BorgWarner		4,068		149,824
CarMax ^*		2,737		234,780
Carnival ^*		13,671		236,508
Chipotle Mexican Grill, Cl A ^*		499		726,349

The accompanying notes are an integral part of the financial statements.

189

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Darden Restaurants		2,353	$	309,961
Dollar General		4,114		977,198
Dollar Tree ^*		3,911		635,342
Domino’s Pizza		588		198,744
DR Horton		5,659		393,810
eBay		11,297		586,540
Etsy ^*		2,285		212,939
Expedia Group ^*		2,471		431,807
Ford Motor		68,390		968,402
Garmin		2,580		283,129
General Motors ^*		25,380		962,156
Genuine Parts		2,713		352,826
Hasbro		2,294		202,010
Hilton Worldwide Holdings		4,815		747,721
Home Depot		18,320		5,503,328
Las Vegas Sands ^*		6,241		221,119
Lennar, Cl A		4,731		361,874
LKQ		4,576		227,107
Lowe’s		11,845		2,342,112
Marriott International, Cl A		4,743		841,977
McDonald’s		13,102		3,264,494
Mohawk Industries ^*		959		135,277
NIKE, Cl B		22,457		2,800,388
Norwegian Cruise Line Holdings ^*		6,151		123,205
NVR ^*		50		218,811
O’Reilly Automotive ^*		1,195		724,827
Penn National Gaming ^*		2,585		94,533
Pool		794		321,745
PulteGroup		5,114		213,561
PVH		1,462		106,404
Ralph Lauren, Cl A		1,064		111,018
Ross Stores		6,160		614,583

The accompanying notes are an integral part of the financial statements.

190

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Starbucks		20,684	$	1,543,854
Tapestry		5,239		172,468
Target		8,309		1,899,853
Tesla ^*		14,469		12,599,026
TJX		21,130		1,294,846
Tractor Supply		2,014		405,720
Ulta Beauty ^*		850		337,280
Under Armour, Cl A ^*		3,542		54,405
Under Armour, Cl C ^*		3,144		44,613
VF		5,116		266,032
Whirlpool		1,184		214,920
Wynn Resorts ^*		1,975		139,198
Yum! Brands		5,073		593,592
				68,780,045


Consumer Staples — 6.8%
Altria Group		44,570		2,476,755
Archer-Daniels-Midland		13,415		1,201,447
Brown-Forman, Cl B		5,516		371,999
Campbell Soup		6,567		310,094
Clorox		3,575		512,905
Coca-Cola		96,089		6,208,310
Colgate-Palmolive		20,413		1,572,822
Conagra Brands		13,922		486,295
Constellation Brands, Cl A		3,888		956,798
Costco Wholesale		10,957		5,826,056
Estee Lauder, Cl A		5,629		1,486,394
General Mills		14,337		1,014,056
Hormel Foods		8,106		424,673
J M Smucker		3,161		432,836
Kellogg		7,409		507,516
Kimberly-Clark		8,025		1,114,111
Kraft Heinz		16,524		704,418

The accompanying notes are an integral part of the financial statements.

191

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Kroger		15,875	$	856,615
Lamb Weston Holdings		4,187		276,761
McCormick		5,761		579,384
Molson Coors Beverage, Cl B		5,406		292,681
Monster Beverage ^*		8,797		753,727
Procter & Gamble		59,414		9,538,918
Sysco		12,091		1,033,539
Tyson Foods, Cl A		6,787		632,277
Walgreens Boots Alliance		16,923		717,535
				40,288,922


Energy — 4.2%
APA		7,063		289,089
Baker Hughes, Cl A		14,117		437,909
Chevron		32,662		5,117,155
ConocoPhillips		22,085		2,109,559
Coterra Energy		11,911		342,918
Devon Energy		10,633		618,522
Diamondback Energy		2,848		359,503
EOG Resources		10,125		1,182,195
Exxon Mobil		72,186		6,153,856
Halliburton		16,263		579,288
Hess		4,872		502,157
Kinder Morgan		33,403		606,264
Marathon Oil		15,268		380,479
Marathon Petroleum		10,900		951,134
Occidental Petroleum		15,709		865,409
ONEOK		7,653		484,664
Phillips 66		7,455		646,796
Pioneer Natural Resources		3,848		894,545
Schlumberger		22,663		884,084
Valero Energy		6,418		715,479

The accompanying notes are an integral part of the financial statements.

192

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Williams		20,850	$	714,946
				24,835,951


Financials — 11.1%
Aflac		10,543		603,903
Allstate		5,016		634,725
American Express		10,475		1,830,087
American International Group		14,682		859,044
Ameriprise Financial		1,992		528,856
Aon, Cl A		3,844		1,107,034
Arthur J Gallagher		3,525		593,927
Assurant		1,104		200,795
Bank of America		122,972		4,387,641
Bank of New York Mellon		13,594		571,764
Berkshire Hathaway, Cl B ^*		31,398		10,136,216
BlackRock, Cl A		2,393		1,494,859
Brown & Brown		3,365		208,563
Capital One Financial		7,021		874,957
Cboe Global Markets		2,141		241,890
Charles Schwab		25,960		1,721,927
Chubb		7,508		1,550,027
Cincinnati Financial		2,736		335,598
Citigroup		33,454		1,612,817
Citizens Financial Group		7,151		281,749
CME Group, Cl A		6,152		1,349,380
Comerica		2,203		180,426
Discover Financial Services		5,069		570,060
Everest Re Group		840		230,756
FactSet Research Systems		552		222,726
Fifth Third Bancorp		10,721		402,359
First Republic Bank		3,152		470,341
Franklin Resources		5,431		133,548
Globe Life		1,813		177,819

The accompanying notes are an integral part of the financial statements.

193

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Goldman Sachs Group		5,845	$	1,785,589
Hartford Financial Services Group		5,885		411,538
Huntington Bancshares		25,003		328,789
Intercontinental Exchange		9,670		1,119,883
Invesco		5,547		101,954
JPMorgan Chase		50,585		6,037,826
KeyCorp		16,161		312,069
Lincoln National		2,910		175,036
Loews		3,357		210,954
M&T Bank		2,988		497,921
MarketAxess Holdings		583		153,685
Marsh & McLennan		8,681		1,403,718
MetLife		12,478		819,555
Moody’s		2,734		865,256
Morgan Stanley		24,166		1,947,538
MSCI, Cl A		1,387		584,274
Nasdaq		2,203		346,686
Northern Trust		3,526		363,354
PNC Financial Services Group		7,302		1,212,862
Principal Financial Group		4,244		289,186
Progressive		10,133		1,087,879
Prudential Financial		6,677		724,521
Raymond James Financial		3,517		342,767
Regions Financial		18,043		373,851
S&P Global		6,141		2,312,087
Signature Bank NY		937		226,988
State Street		5,774		386,685
SVB Financial Group ^*		1,025		499,831
Synchrony Financial		9,652		355,290
T Rowe Price Group		3,850		473,704
Travelers		4,328		740,348
Truist Financial		23,022		1,113,114

The accompanying notes are an integral part of the financial statements.

194

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
US Bancorp		23,319	$	1,132,371
W R Berkley		3,444		228,992
Wells Fargo		67,738		2,955,409
Willis Towers Watson		2,218		476,559
Zions Bancorp		2,593		146,530
				66,058,393


Health Care — 13.3%
ABIOMED ^*		2,213		634,202
Align Technology ^*		3,688		1,069,188
AmerisourceBergen, Cl A		8,021		1,213,497
Anthem		12,476		6,262,079
Baxter International		25,362		1,802,224
Boston Scientific ^*		72,762		3,064,008
Cardinal Health		13,567		787,564
Cerner		15,913		1,490,093
Cigna		16,529		4,079,027
CVS Health		67,530		6,491,659
DaVita ^*		3,282		355,670
DENTSPLY SIRONA		12,716		508,513
Dexcom ^*		4,914		2,007,762
Edwards Lifesciences ^*		31,930		3,377,555
Gilead Sciences		64,177		3,808,263
Henry Schein ^*		8,047		652,612
Hologic ^*		13,617		980,288
Humana		6,560		2,916,314
IDEXX Laboratories ^*		4,311		1,855,799
Incyte ^*		9,146		685,584
Intuitive Surgical ^*		18,364		4,394,505
IQVIA Holdings ^*		9,683		2,110,797
Laboratory Corp of America Holdings		4,657		1,118,984
McKesson		7,612		2,356,751
Medtronic		69,183		7,219,938

The accompanying notes are an integral part of the financial statements.

195

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Mettler-Toledo International ^*		1,158	$	1,479,380
Quest Diagnostics		6,612		884,950
ResMed		7,390		1,477,778
STERIS		5,413		1,212,783
Stryker		17,214		4,153,050
Teleflex		2,470		705,481
Waters ^*		3,302		1,000,572
West Pharmaceutical Services		3,721		1,172,338
Zimmer Biomet Holdings		11,325		1,367,494
Zoetis, Cl A		24,264		4,300,794
				78,997,496


Industrials — 7.8%
3M		13,565		1,956,344
Alaska Air Group ^*		3,309		179,977
Allegion		2,062		235,563
American Airlines Group ^*		14,672		275,393
AMETEK		5,394		681,046
AO Smith		3,023		176,634
Carrier Global		20,375		779,751
Caterpillar		12,925		2,721,230
CH Robinson Worldwide		3,031		321,741
Cintas		2,139		849,739
Copart ^*		5,025		571,091
CSX		52,333		1,797,115
Cummins		3,338		631,516
Deere		6,700		2,529,585
Delta Air Lines ^*		14,764		635,295
Dover		3,328		443,622
Eaton		9,270		1,344,335
Emerson Electric		13,896		1,253,141
Equifax		2,883		586,748
Expeditors International of Washington		3,858		382,212

The accompanying notes are an integral part of the financial statements.

196

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Fastenal		13,211	$	730,700
FedEx		5,730		1,138,780
Fortive		8,230		473,225
Fortune Brands Home & Security		3,162		225,293
Generac Holdings ^*		1,415		310,423
Howmet Aerospace		8,768		299,164
IDEX		1,700		322,694
Illinois Tool Works		6,703		1,321,228
Ingersoll Rand		9,288		408,301
JB Hunt Transport Services		1,961		335,037
Johnson Controls International		16,518		988,933
Masco		6,145		323,780
Nielsen Holdings		9,523		255,312
Nordson		1,118		241,141
Norfolk Southern		5,749		1,482,552
Old Dominion Freight Line		2,181		610,942
Otis Worldwide		10,236		745,590
PACCAR		8,015		665,646
Parker-Hannifin		3,050		826,001
Pentair		3,708		188,181
Quanta Services		3,206		371,832
Republic Services, Cl A		4,808		645,570
Robert Half International		2,490		244,792
Rockwell Automation		2,636		666,038
Rollins		5,757		193,090
Snap-On		1,207		256,475
Southwest Airlines ^*		14,046		656,229
Stanley Black & Decker		3,722		447,198
Trane Technologies		5,545		775,690
TransDigm Group ^*		1,136		675,704
Union Pacific		15,286		3,581,357
United Airlines Holdings ^*		7,302		368,751

The accompanying notes are an integral part of the financial statements.

197

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
United Parcel Service, Cl B		17,496	$	3,148,930
United Rentals ^*		1,598		505,799
Verisk Analytics, Cl A		3,693		753,557
Waste Management		9,040		1,486,538
Westinghouse Air Brake Technologies		4,348		390,929
WW Grainger		1,019		509,531
Xylem		4,203		338,342
				46,261,353


Information Technology — 27.4%
Accenture, Cl A		10,737		3,224,965
Adobe ^*		8,141		3,223,429
Advanced Micro Devices ^*		27,953		2,390,541
Akamai Technologies ^*		2,993		336,054
Amphenol, Cl A		10,322		738,023
Analog Devices		9,326		1,439,748
ANSYS ^*		1,489		410,502
Apple		265,722		41,891,073
Applied Materials		15,237		1,681,403
Arista Networks ^*		4,072		470,601
Autodesk ^*		3,763		712,261
Automatic Data Processing		7,286		1,589,659
Broadcom		7,010		3,886,274
Broadridge Financial Solutions		2,010		289,701
Cadence Design Systems ^*		4,752		716,839
CDW		2,342		382,168
Ceridian HCM Holding ^*		1,921		107,826
Cisco Systems		71,852		3,519,311
Citrix Systems ^*		2,355		235,736
Cognizant Technology Solutions, Cl A		9,069		733,682
DXC Technology ^*		4,849		139,166
Enphase Energy ^*		2,286		368,960
EPAM Systems ^*		816		216,232

The accompanying notes are an integral part of the financial statements.

198

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
F5 ^*		1,190	$	199,218
Fidelity National Information Services		10,668		1,057,732
Fiserv ^*		10,438		1,022,089
FleetCor Technologies ^*		1,508		376,276
Fortinet ^*		2,330		673,393
Gartner ^*		1,391		404,155
Global Payments		5,008		685,996
Hewlett Packard Enterprise		24,520		377,853
HP		20,530		752,014
Intel		69,398		3,025,059
International Business Machines		15,511		2,050,709
Intuit		4,739		1,984,456
IPG Photonics ^*		821		77,568
Jack Henry & Associates		1,223		231,856
Juniper Networks		6,567		206,992
Keysight Technologies ^*		3,199		448,724
KLA		2,597		829,118
Lam Research		2,452		1,142,044
Mastercard, Cl A		14,877		5,406,004
Microchip Technology		9,418		614,054
Micron Technology		19,466		1,327,387
Microsoft		128,480		35,655,770
Monolithic Power Systems		788		309,085
Motorola Solutions		2,835		605,811
NetApp		3,753		274,907
NortonLifeLock		9,816		245,793
NVIDIA		43,034		7,981,516
Oracle		27,243		1,999,636
Paychex		5,533		701,197
Paycom Software ^*		910		256,138
PayPal Holdings ^*		20,041		1,762,205
PTC ^*		1,831		209,119

The accompanying notes are an integral part of the financial statements.

199

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Qorvo ^*		1,938	$	220,506
QUALCOMM		18,992		2,652,992
Roper Technologies		2,430		1,141,906
Salesforce ^*		16,839		2,962,654
Seagate Technology Holdings		3,521		288,863
ServiceNow ^*		3,448		1,648,489
Skyworks Solutions		2,757		312,368
SolarEdge Technologies ^*		766		191,814
Synopsys ^*		2,591		743,073
Teledyne Technologies ^*		837		361,207
Teradyne		2,846		300,139
Texas Instruments		16,072		2,736,258
Trimble ^*		4,323		288,344
Tyler Technologies ^*		751		296,427
VeriSign ^*		1,587		283,581
Visa, Cl A		28,763		6,130,258
Western Digital ^*		5,660		300,376
Zebra Technologies, Cl A ^*		946		349,698
				162,806,981


Materials — 2.4%
Air Products & Chemicals		3,770		882,444
Albemarle		2,128		410,342
Amcor		28,209		334,559
Avery Dennison		1,493		269,636
Ball		5,600		454,496
Celanese, Cl A		1,923		282,566
CF Industries Holdings		4,144		401,264
Corteva		12,558		724,471
Dow		12,798		851,067
DuPont de Nemours		8,978		591,920
Eastman Chemical		2,563		263,143
Ecolab		4,332		733,581

The accompanying notes are an integral part of the financial statements.

200

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
FMC		2,502	$	331,615
Freeport-McMoRan		25,206		1,022,103
International Flavors & Fragrances		4,575		554,947
International Paper		6,661		308,271
LyondellBasell Industries, Cl A		4,636		491,555
Martin Marietta Materials		1,069		378,661
Mosaic		6,510		406,354
Newmont		13,746		1,001,396
Nucor		4,966		768,637
Packaging Corp of America		1,656		266,898
PPG Industries		4,208		538,582
Sealed Air		2,724		174,908
Sherwin-Williams		4,242		1,166,380
Vulcan Materials		2,451		422,283
Westrock		4,800		237,744
				14,269,823


Real Estate — 2.9%
Alexandria Real Estate Equities ^‡		2,442		444,835
American Tower, Cl A ^‡		8,208		1,978,292
AvalonBay Communities ^‡		2,567		583,941
Boston Properties ^‡		2,767		325,399
CBRE Group, Cl A ^*		5,955		494,503
Crown Castle International ^‡		7,828		1,449,824
Digital Realty Trust ^‡		5,002		730,892
Duke Realty ^‡		6,687		366,113
Equinix ^‡		1,556		1,118,888
Equity Residential ^‡		6,015		490,223
Essex Property Trust ^‡		1,258		414,222
Extra Space Storage ^‡		2,361		448,590
Federal Realty Investment Trust ^‡		1,280		149,837
Host Hotels & Resorts ^‡		13,677		278,327
Iron Mountain ^‡		4,957		266,340

The accompanying notes are an integral part of the financial statements.

201

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Kimco Realty ^‡		10,605	$	268,625
Mid-America Apartment Communities ^‡		2,083		409,684
ProLogis ^‡		13,256		2,124,804
Public Storage ^‡		2,749		1,021,254
Realty Income ^‡		9,495		658,573
Regency Centers ^‡		2,851		196,234
SBA Communications, Cl A ^‡		2,004		695,608
Simon Property Group ^‡		5,869		692,542
UDR ^‡		5,214		277,437
Vornado Realty Trust ^‡		3,051		118,104
Welltower ^‡		7,829		710,952
Weyerhaeuser ^‡		14,000		577,080
				17,291,123


Utilities — 2.9%
AES		12,322		251,615
Alliant Energy		4,481		263,528
Ameren		4,606		427,897
American Electric Power		8,524		844,814
American Water Works		3,150		485,352
Atmos Energy		2,176		246,758
CenterPoint Energy		9,951		304,600
CMS Energy		5,227		359,043
Consolidated Edison		5,978		554,400
Constellation Energy		5,591		331,043
Dominion Energy		13,933		1,137,490
DTE Energy		3,466		454,185
Duke Energy		13,411		1,477,356
Edison International		6,492		446,585
Entergy		3,533		419,897
Evergy		4,346		294,876
Eversource Energy		5,994		523,876
Exelon		16,737		782,957

The accompanying notes are an integral part of the financial statements.

202

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
FirstEnergy		9,562	$	414,130
NextEra Energy		33,987		2,413,757
NiSource		6,451		187,853
NRG Energy		4,916		176,484
Pinnacle West Capital		2,128		151,514
PPL		13,379		378,759
Public Service Enterprise Group		8,563		596,498
Sempra Energy		5,522		891,030
Southern		18,233		1,338,120
WEC Energy Group		5,429		543,171
Xcel Energy		9,676		708,864
				17,406,452


TOTAL UNITED STATES				588,453,934
TOTAL COMMON STOCK
(Cost $495,290,207)				592,635,636
TOTAL INVESTMENTS — 99.8%
(Cost $495,290,207)			$	592,635,636

Percentages are based on Net Assets of $593,745,711.

*	Non-income producing security.
‡	Real Estate Investment Trust

Cl — Class

S&P — Standard & Poor’s

As of April 30, 2022, 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.

The accompanying notes are an integral part of the financial statements.

203

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — 99.3%
AUSTRALIA — 12.7%
Communication Services — 0.1%
REA Group		23	$	2,115
Telstra		2,103		6,038
TPG Telecom		272		1,137
				9,290


Consumer Discretionary — 0.5%
Aristocrat Leisure		345		8,252
Wesfarmers		573		20,120
				28,372


Consumer Staples — 0.7%
Coles Group		1,206		16,027
Woolworths Group		1,070		29,283
				45,310


Energy — 0.3%
Santos		1,528		8,687

The accompanying notes are an integral part of the financial statements.

204

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Woodside Petroleum		480	$	10,626
				19,313


Financials — 3.1%
ASX		94		5,790
Australia & New Zealand Banking Group		1,312		25,454
Commonwealth Bank of Australia		818		60,387
Insurance Australia Group		1,197		3,862
Macquarie Group		167		24,564
National Australia Bank		1,541		35,733
QBE Insurance Group		737		6,453
Suncorp Group		628		5,114
Westpac Banking		1,690		28,668
				196,025


Health Care — 3.9%
Cochlear		137		22,562
CSL		994		193,056
Sonic Healthcare		999		26,076
				241,694


Industrials — 0.4%
Brambles		828		6,208
Reece		134		1,667
Transurban Group		1,646		16,774
				24,649


Materials — 3.2%
BHP Group		2,483		84,716
Fortescue Metals Group		870		13,373
Glencore		5,433		33,921
Newcrest Mining		427		8,157
Rio Tinto		185		14,834
Rio Tinto		522		37,395

The accompanying notes are an integral part of the financial statements.

205

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
South32		2,439	$	8,268
				200,664


Real Estate — 0.4%
Dexus ^‡		538		4,271
Goodman Group ^‡		835		14,229
Scentre Group ^‡		2,580		5,482
				23,982


Utilities — 0.1%
APA Group		564		4,605


TOTAL AUSTRALIA				793,904
AUSTRIA — 0.3%
Communication Services — 0.0%
Telekom Austria, Cl A		71		509


Energy — 0.1%
OMV		71		3,678


Financials — 0.1%
BAWAG Group		34		1,640
Erste Group Bank		157		4,913
Raiffeisen Bank International ^*		69		799
				7,352


Industrials — 0.0%
ANDRITZ		44		1,892


Information Technology — 0.0%
ams-OSRAM ^*		140		1,751


Materials — 0.0%
voestalpine		57		1,507


Utilities — 0.1%
Verbund		33		3,558


TOTAL AUSTRIA				20,247

The accompanying notes are an integral part of the financial statements.

206

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
BELGIUM — 1.6%
Consumer Staples — 0.7%
Anheuser-Busch InBev		769	$	44,944


Financials — 0.3%
Groupe Bruxelles Lambert		44		4,204
KBC Group		162		11,112
Sofina		4		1,241
				16,557


Health Care — 0.5%
UCB		260		29,733


Materials — 0.1%
Solvay		42		4,012
Umicore		101		3,935
				7,947


TOTAL BELGIUM				99,181
BRAZIL — 0.1%
Materials — 0.1%
Yara International		75		3,870


CHILE — 0.0%
Materials — 0.0%
Antofagasta		147		2,862


CHINA — 0.8%
Consumer Discretionary — 0.4%
Prosus		450		22,118


Consumer Staples — 0.2%
Budweiser Brewing APAC		1,800		4,538
Wilmar International		2,891		9,295
				13,833

The accompanying notes are an integral part of the financial statements.

207

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — 0.1%
BOC Hong Kong Holdings		2,100	$	7,668


Health Care — 0.0%
China Evergrande New Energy Vehicle Group ^{* (A)(B)(C)}		5,700		2,092


Utilities — 0.1%
ENN Energy Holdings		300		4,049


TOTAL CHINA				49,760
DENMARK — 1.7%
Consumer Staples — 0.2%
Carlsberg, Cl B		89		11,465


Health Care — 0.5%
Coloplast, Cl B		248		33,729


Industrials — 0.8%
AP Moller - Maersk, Cl A		2		5,729
AP Moller - Maersk, Cl B		3		8,798
DSV		115		19,082
Vestas Wind Systems		542		14,053
				47,662


Utilities — 0.2%
Orsted		94		10,570


TOTAL DENMARK				103,426
FINLAND — 1.1%
Energy — 0.1%
Neste		207		8,997


Financials — 0.5%
Nordea Bank Abp		1,679		16,976
Sampo, Cl A		247		12,093
				29,069

The accompanying notes are an integral part of the financial statements.

208

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.2%
Kone, Cl B		217	$	10,551


Information Technology — 0.2%
Nokia		2,611		13,416


Materials — 0.1%
Stora Enso, Cl R		312		6,219


Utilities — 0.0%
Fortum		218		3,657


TOTAL FINLAND				71,909
FRANCE — 8.8%
Communication Services — 0.0%
Adevinta, Cl B ^*		141		1,115


Consumer Discretionary — 1.2%
Christian Dior		1		623
EssilorLuxottica		157		27,130
Hermes International		19		23,782
Kering		41		22,193
				73,728


Consumer Staples — 1.2%
Danone		613		37,275
Pernod Ricard		180		37,532
				74,807


Energy — 0.9%
TotalEnergies		1,165		58,040


Financials — 2.3%
AXA		992		26,644
BNP Paribas		540		28,316
LVMH Moet Hennessy Louis Vuitton		138		90,189
				145,149

The accompanying notes are an integral part of the financial statements.

209

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.8%
Cie de Saint-Gobain		284	$	16,877
Credit Agricole		669		7,323
Vinci		280		27,424
				51,624


Information Technology — 0.3%
Dassault Systemes		339		15,212


Materials — 1.9%
Air Liquide		235		40,990
L’Oreal		209		76,927
				117,917


Utilities — 0.2%
Electricite de France		269		2,465
Engie		855		10,212
				12,677


TOTAL FRANCE				550,269
GERMANY — 7.6%
Communication Services — 0.5%
Deutsche Telekom		1,597		29,601


Consumer Discretionary — 1.0%
adidas		92		18,802
Bayerische Motoren Werke		167		13,832
Mercedes-Benz Group		432		30,580
Volkswagen		19		4,193
				67,407


Consumer Staples — 0.2%
Beiersdorf		89		8,996
Henkel & KGaA		88		5,626
				14,622

The accompanying notes are an integral part of the financial statements.

210

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — 1.3%
Allianz		192	$	43,791
Deutsche Boerse		94		16,481
Muenchener Rueckversicherungs-Gesellschaft in Muenchen		66		15,826
				76,098


Health Care — 1.3%
BioNTech ADR		169		23,454
Fresenius Medical Care & KGaA		414		25,961
Siemens Healthineers		589		31,851
				81,266


Industrials — 1.3%
Daimler Truck Holding ^*		270		7,349
Deutsche Post		539		23,268
Hapag-Lloyd		1		404
Siemens		435		54,050
				85,071


Information Technology — 1.2%
Infineon Technologies		627		18,157
SAP		530		54,548
				72,705


Materials — 0.4%
BASF		460		24,463


Real Estate — 0.2%
Vonovia		369		14,793


Utilities — 0.2%
E.ON		1,103		11,555


TOTAL GERMANY				477,581
HONG KONG — 2.8%
Financials — 1.7%
AIA Group		5,965		59,109

The accompanying notes are an integral part of the financial statements.

211

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Hang Seng Bank		280	$	4,978
Hong Kong Exchanges & Clearing		594		25,574
Prudential		1,273		16,142
				105,803


Industrials — 0.5%
Jardine Matheson Holdings		154		8,182
MTR		900		4,801
Techtronic Industries		1,132		15,351
				28,334


Real Estate — 0.4%
CK Asset Holdings		1,100		7,486
Henderson Land Development		400		1,624
Link REIT ^‡		1,000		8,679
Sun Hung Kai Properties		890		10,317
				28,106


Utilities — 0.2%
CLP Holdings		900		8,775
Hong Kong & China Gas		4,910		5,438
				14,213


TOTAL HONG KONG				176,456
IRELAND — 0.5%
Consumer Discretionary — 0.1%
Flutter Entertainment ^*		75		7,641


Industrials — 0.1%
Kingspan Group		84		7,892


Materials — 0.3%
CRH		366		14,742


TOTAL IRELAND				30,275

The accompanying notes are an integral part of the financial statements.

212

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
ISRAEL — 0.8%
Communication Services — 0.0%
Bezeq The Israeli Telecommunication		928	$	1,481


Consumer Discretionary — 0.0%
Global-e Online ^*		2		45


Financials — 0.3%
Bank Hapoalim		577		5,384
Bank Leumi Le-Israel		725		7,659
First International Bank of Israel		26		1,099
Israel Discount Bank, Cl A		580		3,454
Mizrahi Tefahot Bank		69		2,571
Plus500		52		1,018
				21,185


Industrials — 0.1%
Kornit Digital ^*		27		1,795
Shapir Engineering and Industry		74		697
				2,492


Information Technology — 0.3%
Check Point Software Technologies ^*		52		6,567
JFrog ^*		35		731
Nice ^*		27		5,553
Nova ^*		14		1,352
Tower Semiconductor ^*		40		1,927
Wix.com ^*		25		1,887
				18,017


Real Estate — 0.1%
Amot Investments		6		46
Azrieli Group		21		1,816
Big Shopping Centers		1		152
Melisron ^*		2		164
Mivne Real Estate KD		181		683

The accompanying notes are an integral part of the financial statements.

213

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Strauss Group		45	$	1,205
				4,066


TOTAL ISRAEL				47,286
ITALY — 2.0%
Consumer Discretionary — 0.3%
Ferrari		68		14,563
Moncler		108		5,729
PRADA		100		624
				20,916


Consumer Staples — 0.1%
Davide Campari-Milano		495		5,632


Energy — 0.2%
Eni		1,170		16,527


Financials — 0.7%
Assicurazioni Generali		585		11,170
Intesa Sanpaolo		8,181		16,871
Poste Italiane		226		2,236
UniCredit		1,058		9,939
				40,216


Industrials — 0.1%
Atlantia		273		6,575




Utilities — 0.6%
Enel		3,702		24,284
Snam		1,049		5,781
Terna - Rete Elettrica Nazionale		697		5,711
				35,776


TOTAL ITALY				125,642

The accompanying notes are an integral part of the financial statements.

214

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
JAPAN — 26.5%
Communication Services — 2.0%
Dentsu Group		125	$	4,539
KDDI		758		25,362
Nexon		238		5,459
Nintendo		53		24,508
Nippon Telegraph & Telephone		547		16,242
SoftBank		1,325		15,494
SoftBank Group		646		26,272
Toho		71		2,647
Z Holdings		1,329		5,279
				125,802


Consumer Discretionary — 4.6%
Aisin		92		2,684
Bandai Namco Holdings		115		7,863
Bridgestone		320		11,774
Denso		272		16,705
Fast Retailing		31		14,395
Hikari Tsushin		4		471
Honda Motor		916		24,173
Isuzu Motors		351		4,110
Koito Manufacturing		67		2,474
Nissan Motor ^*		1,315		5,247
Nitori Holdings		44		4,534
Oriental Land		121		18,468
Pan Pacific International Holdings		295		4,579
Panasonic Holdings		1,252		11,214
Rakuten Group ^*		476		3,373
Sekisui Chemical		235		3,191
Sekisui House		354		6,172
Sharp		111		942
Shimano		46		8,273

The accompanying notes are an integral part of the financial statements.

215

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Subaru		328	$	4,960
Sumitomo Electric Industries		408		4,404
Suzuki Motor		269		8,114
Toyota Motor		6,718		115,916
Yamaha		90		3,473
ZOZO		82		1,747
				289,256


Consumer Staples — 2.4%
Aeon		779		14,842
Asahi Group Holdings		460		17,266
Kao		417		16,836
Kirin Holdings		737		10,811
Kobe Bussan		120		2,964
Kose		27		2,801
Nissin Foods Holdings		75		5,239
Seven & i Holdings		716		31,600
Shiseido		358		16,955
Suntory Beverage & Food		119		4,712
Unicharm		401		14,011
Welcia Holdings		82		1,696
Yakult Honsha		137		7,106
				146,839


Energy — 0.2%
ENEOS Holdings		1,581		5,567
Inpex		492		5,818
				11,385


Financials — 2.5%
Dai-ichi Life Holdings		566		11,378
Daiwa Securities Group		743		3,647
Japan Exchange Group		266		4,007
Japan Post Bank		191		1,448

The accompanying notes are an integral part of the financial statements.

216

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Japan Post Insurance		108	$	1,755
Mitsubishi UFJ Financial Group		6,040		35,165
Mizuho Financial Group		1,264		15,400
MS&AD Insurance Group Holdings		239		7,159
Nomura Holdings		1,450		5,596
ORIX		539		9,876
Resona Holdings		1,171		5,106
Sompo Holdings		178		7,261
Sumitomo Mitsui Financial Group		684		20,669
Sumitomo Mitsui Trust Holdings		186		5,787
T&D Holdings		261		3,364
Tokio Marine Holdings		345		18,691
				156,309


Health Care — 4.0%
Hoya		725		72,690
Kyowa Kirin		517		10,906
M3		864		28,022
Otsuka Holdings		1,127		37,952
Shionogi		576		32,326
Sysmex		342		22,728
Terumo		1,591		47,818
				252,442


Industrials — 5.6%
ANA Holdings ^*		80		1,515
Central Japan Railway		116		14,692
Daifuku		69		4,287
Daikin Industries		163		25,219
East Japan Railway		206		10,842
FANUC		110		17,121
Hankyu Hanshin Holdings		143		3,791
ITOCHU		790		23,976
Japan Airlines ^*		70		1,162

The accompanying notes are an integral part of the financial statements.

217

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Keio		69	$	2,660
Komatsu		486		10,957
Kubota		670		11,473
Makita		175		5,229
Marubeni		959		10,529
MINEBEA MITSUMI		237		4,610
MISUMI Group		163		4,127
Mitsubishi		788		26,658
Mitsubishi Electric		1,156		12,206
Mitsui		886		21,541
MonotaRO		142		2,476
Nidec		304		20,036
Nihon M&A Center		184		2,292
Nippon Yusen		92		6,717
Odakyu Electric Railway		189		2,883
Recruit Holdings		911		33,878
Secom		122		8,639
SG Holdings		310		5,486
SMC		31		15,086
Taisei		124		3,374
Tokyu		353		4,335
Toshiba		234		9,764
TOTO		90		3,046
Toyota Industries		111		6,674
West Japan Railway		122		4,561
Yamato Holdings		207		3,906
Yaskawa Electric		147		5,049
				350,797


Information Technology — 3.2%
Advantest		98		6,800
Canon		552		12,761
Disco		20		4,955

The accompanying notes are an integral part of the financial statements.

218

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Fujitsu		93	$	13,412
GMO Payment Gateway		23		1,969
Itochu Techno-Solutions		34		802
Keyence		92		37,529
Kyocera		176		9,323
Lasertec		44		6,016
Murata Manufacturing		326		19,611
NEC		138		5,379
Nomura Research Institute		208		5,956
NTT Data		339		6,288
Obic		29		4,316
Omron		103		6,142
Oracle Japan ^*		21		1,358
Otsuka		52		1,716
Renesas Electronics ^*		693		7,531
Rohm		48		3,394
Shimadzu		140		4,630
TDK		190		5,961
Tokyo Electron		76		32,545
Trend Micro ^*		67		3,754
				202,148


Materials — 1.1%
Asahi Kasei		704		5,822
JFE Holdings		298		3,669
Nippon Paint Holdings		687		5,509
Nippon Sanso Holdings		113		2,038
Nippon Steel		472		7,540
Nitto Denko		79		5,335
Shin-Etsu Chemical		191		26,514
Sumitomo Metal Mining		140		6,128
Toray Industries		869		4,151
				66,706

The accompanying notes are an integral part of the financial statements.

219

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — 0.7%
Daiwa House Industry		330	$	8,005
Hulic		251		2,127
Mitsubishi Estate		675		9,813
Mitsui Fudosan		465		9,854
Nippon Prologis ^‡		1		2,783
Nomura Real Estate Master Fund ^‡		2		2,516
Sumitomo Realty & Development		240		6,361
				41,459


Utilities — 0.2%
Chubu Electric Power		380		3,848
Kansai Electric Power		426		3,748
Osaka Gas		209		3,783
Tokyo Gas		196		3,769
				15,148


TOTAL JAPAN				1,658,291
LUXEMBOURG — 0.1%
Materials — 0.1%
ArcelorMittal		306		9,076


MACAO — 0.2%
Consumer Discretionary — 0.2%
Galaxy Entertainment Group ^*		1,420		8,253
Sands China ^*		1,500		3,372


TOTAL MACAO				11,625
NETHERLANDS — 6.3%
Communication Services — 0.2%
Universal Music Group		633		14,882


Consumer Staples — 0.8%
Heineken		211		20,790
Koninklijke Ahold Delhaize		923		27,352
				48,142

The accompanying notes are an integral part of the financial statements.

220

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Energy — 1.6%
Shell		3,627	$	98,951


Financials — 0.4%
EXOR		53		3,735
ING Groep		1,879		18,039
				21,774


Health Care — 0.8%
Koninklijke Philips		1,838		48,475


Information Technology — 2.3%
Adyen ^*		17		29,107
ASML Holding		199		115,045
				144,152


Materials — 0.2%
Koninklijke DSM		88		14,909


TOTAL NETHERLANDS				391,285
NEW ZEALAND — 0.6%
Communication Services — 0.0%
Spark New Zealand		945		3,018


Health Care — 0.3%
Fisher & Paykel Healthcare		1,198		16,718
Ryman Healthcare		808		4,830
				21,548


Industrials — 0.1%
Auckland International Airport ^*		677		3,443


Information Technology — 0.1%
Xero ^*		65		4,450


Utilities — 0.1%
Contact Energy		371		1,970
Mercury NZ		312		1,227

The accompanying notes are an integral part of the financial statements.

221

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Meridian Energy		614	$	1,889
				5,086


TOTAL NEW ZEALAND				37,545
NORWAY — 1.1%
Communication Services — 0.1%
Schibsted, Cl A		44		933
Schibsted, Cl B		50		974
Telenor		328		4,679
				6,586


Consumer Staples — 0.3%
Mowi		391		11,193
Orkla		676		5,541
Salmar		48		3,982
				20,716


Energy — 0.3%
Aker BP		58		2,120
Equinor		515		17,747
				19,867


Financials — 0.2%
DNB Bank		452		8,915
Gjensidige Forsikring		94		2,034
				10,949


Industrials — 0.1%
TOMRA Systems		68		2,721


Materials — 0.1%
Norsk Hydro		701		6,015


TOTAL NORWAY				66,854

The accompanying notes are an integral part of the financial statements.

222

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
PORTUGAL — 0.1%
Utilities — 0.1%
Energias de Portugal		1,405	$	6,584


SINGAPORE — 1.4%
Communication Services — 0.1%
Singapore Telecommunications		3,445		6,910


Financials — 0.9%
DBS Group Holdings		898		22,058
Oversea-Chinese Banking		1,911		17,147
United Overseas Bank		747		16,223
				55,428


Industrials — 0.1%
Singapore Airlines ^*		832		3,314
Singapore Technologies Engineering		891		2,645
				5,959


Information Technology — 0.2%
STMicroelectronics		311		11,736


Real Estate — 0.1%
Ascendas Real Estate Investment Trust ^‡		1,644		3,405
CapitaLand Integrated Commercial Trust ^‡		2,131		3,596
Capitaland Investment		1,179		3,611
				10,612


TOTAL SINGAPORE				90,645
SOUTH AFRICA — 0.5%
Materials — 0.5%
Anglo American		670		30,165


SOUTH KOREA — 0.1%
Consumer Discretionary — 0.1%
Delivery Hero ^*		95		3,391

The accompanying notes are an integral part of the financial statements.

223

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
SPAIN — 2.3%
Communication Services — 0.4%
Cellnex Telecom ^*		274	$	12,880
Telefonica		2,596		12,688
				25,568


Consumer Discretionary — 0.2%
Industria de Diseno Textil		571		12,108


Financials — 0.7%
Banco Bilbao Vizcaya Argentaria		3,113		16,614
Banco Santander		8,085		24,023
				40,637


Industrials — 0.1%
Aena SME ^*		44		6,327


Information Technology — 0.2%
Amadeus IT Group ^*		222		14,145


Utilities — 0.7%
EDP Renovaveis		123		2,938
Endesa		161		3,402
Iberdrola		2,712		31,500
Naturgy Energy Group		165		5,001
				42,841


TOTAL SPAIN				141,626
SWEDEN — 3.7%
Communication Services — 0.1%
Telia		1,274		5,318


Consumer Discretionary — 0.2%
Evolution		96		10,061


Consumer Staples — 0.4%
Essity, Cl B		530		14,125

The accompanying notes are an integral part of the financial statements.

224

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Swedish Match		1,405	$	11,282
				25,407


Financials — 0.9%
EQT		129		3,746
Industrivarden, Cl A		94		2,446
Industrivarden, Cl C		88		2,251
Investor, Cl A		255		5,395
Investor, Cl B		843		16,453
Kinnevik, Cl A ^*		1		22
Kinnevik, Cl B ^*		119		2,371
L E Lundbergforetagen, Cl B		27		1,279
Skandinaviska Enskilda Banken, Cl A		802		9,135
Skandinaviska Enskilda Banken, Cl C		4		49
Svenska Handelsbanken, Cl A		762		7,779
Svenska Handelsbanken, Cl B		21		239
Swedbank, Cl A		463		7,420
				58,585


Industrials — 1.3%
Alfa Laval		168		4,750
Assa Abloy, Cl B		531		13,609
Atlas Copco, Cl A		347		16,012
Atlas Copco, Cl B		205		8,249
Epiroc, Cl A		329		6,773
Epiroc, Cl B		220		3,887
Investment Latour, Cl B		73		1,961
Nibe Industrier, Cl B		742		7,383
Skanska, Cl B		196		3,794
SKF, Cl B		190		3,150
Volvo, Cl A		87		1,444
Volvo, Cl B		856		13,849
				84,861

The accompanying notes are an integral part of the financial statements.

225

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 0.4%
Hexagon, Cl B		1,020	$	13,383
Telefonaktiebolaget LM Ericsson, Cl B		1,337		10,833
				24,216


Materials — 0.3%
Sandvik		586		11,264
Svenska Cellulosa, Cl B		310		6,083
				17,347


Real Estate — 0.1%
Fastighets Balder, Cl B ^*		44		2,209
Sagax, Cl B		65		1,682
Sagax, Cl D		1		3
				3,894


TOTAL SWEDEN				229,689
SWITZERLAND — 4.1%
Consumer Discretionary — 0.5%
Cie Financiere Richemont, Cl A		270		32,128


Financials — 1.2%
Partners Group Holding		11		11,871
UBS Group		1,787		30,773
Zurich Insurance Group		72		33,075
				75,719


Health Care — 1.2%
Alcon		1,038		75,178


Industrials — 0.6%
ABB		969		29,550
Kuehne + Nagel International		25		7,085
				36,635


Materials — 0.6%
Givaudan		4		16,051

The accompanying notes are an integral part of the financial statements.

226

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Sika		73	$	22,638
				38,689


TOTAL SWITZERLAND				258,349
TAIWAN — 0.2%
Communication Services — 0.2%
Sea ADR ^*		156		12,911


UNITED KINGDOM — 9.5%
Communication Services — 0.6%
BT Group		4,303		9,581
Vodafone Group		12,893		19,674
WPP		554		6,990
				36,245


Consumer Discretionary — 0.4%
Compass Group		913		19,509
Entain ^*		290		5,529
				25,038


Consumer Staples — 2.7%
Associated British Foods		316		6,374
Coca-Cola Europacific Partners		185		9,241
Diageo		2,070		104,436
Imperial Brands		856		17,904
Ocado Group ^*		586		6,798
Tesco		6,796		23,208
				167,961


Energy — 0.7%
BP		9,316		45,796


Financials — 2.4%
3i Group		451		7,502
Aviva		1,786		9,716
Barclays		7,332		13,642

The accompanying notes are an integral part of the financial statements.

227

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
HSBC Holdings		9,805	$	61,711
Legal & General Group		2,960		9,369
Lloyds Banking Group		32,831		18,911
London Stock Exchange Group		161		16,001
NatWest Group		2,587		7,081
Standard Chartered		1,229		8,514
				152,447


Health Care — 0.5%
Smith & Nephew		1,839		30,084


Industrials — 1.3%
Ashtead Group		245		12,854
CK Hutchison Holdings		1,520		10,694
CNH Industrial		526		7,619
Experian		525		18,403
RELX		1,078		32,387
				81,957


Materials — 0.1%
Croda International		68		6,663


Real Estate — 0.2%
Segro ^‡		591		9,961


Utilities — 0.6%
National Grid		1,855		27,808
SSE		523		12,269
				40,077


TOTAL UNITED KINGDOM				596,229
UNITED STATES — 1.8%
Communication Services — 0.1%
Spotify Technology ^*		64		6,506


Consumer Discretionary — 0.3%
Fiverr International ^*		21		1,118

The accompanying notes are an integral part of the financial statements.

228

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Stellantis		1,141	$	15,627
				16,745


Health Care — 0.0%
Inmode ^*		112		2,812


Industrials — 1.0%
Ferguson		125		15,913
Schneider Electric		308		44,742
				60,655


Information Technology — 0.3%
Atlassian, Cl A ^*		69		15,513
CyberArk Software ^*		21		3,300
Monday.com ^*		1		129
Sinch ^*		260		1,178
				20,120


Materials — 0.1%
James Hardie Industries		228		6,731


TOTAL UNITED STATES				113,569
TOTAL COMMON STOCK
(Cost $6,384,912)				6,210,502

PREFERRED STOCK — 0.5%
GERMANY— 0.5%
Consumer Discretionary — 0.3%
Bayerische Motoren Werke ^(D)		25		1,863
Porsche Automobil Holding ^(D)		76		6,377
Volkswagen ^(D)		97		15,241
				23,481
Consumer Staples — 0.2%
Henkel & KGaA ^(D)		159		10,293

The accompanying notes are an integral part of the financial statements.

229

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P Catholic Values Developed ex-US ETF

	Shares	Value
PREFERRED STOCK — continued
TOTAL GERMANY		$	33,774
TOTAL PREFERRED STOCK
(Cost $43,542)			33,774
TOTAL INVESTMENTS — 99.8%
(Cost $6,428,454)		$	6,244,276

Percentages are based on Net Assets of $6,257,691.

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	Security considered illiquid. The total value of such securities as of April 30, 2022 was $2,092 and represented 0.0% of Net Assets.
(B)	Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2022, was $2,092 and represents 0.0% of Net Assets.
(C)	Level 3 security in accordance with fair value hierarchy.
(D)	There is currently no stated interest rate.

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾		Total
Common Stock	$	4,520,445	$	1,687,965	$	2,092	$	6,210,502
Preferred Stock		33,774		—		—		33,774
Total Investments in Securities	$	4,554,219	$	1,687,965	$	2,092	$	6,244,276

(1)

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

230

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — 98.4%
CHINA — 4.5%
Communication Services — 1.1%
Bilibili ADR ^*(A)		23,811	$	579,560


Consumer Discretionary — 2.3%
JD.com ADR ^*		11,609		715,811
XPeng ADR, Cl A ^*		22,063		542,970
				1,258,781


Information Technology — 1.1%
GDS Holdings ADR ^{* (A)}		19,060		598,865


TOTAL CHINA				2,437,206

The accompanying notes are an integral part of the financial statements.

231

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
DENMARK — 1.2%
Health Care — 1.2%
Ascendis Pharma ADR ^*		7,209	$	657,965


ISRAEL — 1.3%
Information Technology — 1.3%
NICE Systems ADR ^*		3,348		691,061


UNITED KINGDOM — 1.4%
Communication Services — 1.4%
Liberty Global, Cl C ^*		30,987		734,392


UNITED STATES — 90.0%
Communication Services — 10.5%
Alphabet, Cl C ^*		324		744,983
Charter Communications, Cl A ^*		1,450		621,310
DISH Network, Cl A ^*		27,712		790,069
Frontier Communications Parent ^*		31,294		825,849
Liberty Broadband, Cl C ^*		5,768		644,978
Meta Platforms, Cl A ^*		3,998		801,479
Netflix ^*		2,175		414,033
New York Times, Cl A		20,485		784,985
				5,627,686


Consumer Discretionary — 15.6%
Amazon.com ^*		282		700,948
Bath & Body Works		15,961		844,177
Booking Holdings ^*		334		738,244
Churchill Downs		3,894		790,248
Expedia Group ^*		4,170		728,707
Floor & Decor Holdings, Cl A ^*		8,179		652,030
Home Depot		2,502		751,601
Lithia Motors, Cl A		2,767		783,421
Lowe’s		3,874		766,006
MGM Resorts International		19,604		804,548

The accompanying notes are an integral part of the financial statements.

232

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Vista Outdoor ^*		23,622	$	832,203
				8,392,133


Consumer Staples — 4.8%
BellRing Brands ^*		10,388		222,615
Mondelez International, Cl A		13,457		867,708
Post Holdings ^*		8,082		601,220
Procter & Gamble		5,635		904,699
				2,596,242


Energy — 4.2%
Chesapeake Energy		12,979		1,064,537
Texas Pacific Land		856		1,169,810
				2,234,347


Financials — 8.7%
Arch Capital Group ^*		18,534		846,448
First American Financial		12,567		732,782
KKR		14,141		720,767
S&P Global		4,591		1,728,512
Wells Fargo		15,139		660,514
				4,689,023


Health Care — 12.1%
Arcus Biosciences ^*		29,753		720,320
Bausch Health ^*		34,616		658,050
BioLife Solutions ^*		32,989		417,971
Fate Therapeutics ^*		23,331		666,333
Mettler-Toledo International ^*		619		790,791
Mirati Therapeutics ^*		8,230		508,532
Rocket Pharmaceuticals ^*		44,191		454,283
Seagen ^*		6,866		899,515
Tenet Healthcare ^*		10,527		763,313
Viatris, Cl W ^*		57,697		596,010
				6,475,118

The accompanying notes are an integral part of the financial statements.

233

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 4.1%
Enovix ^*		55,720	$	503,709
Howmet Aerospace		25,257		861,769
Otis Worldwide		11,249		819,377
				2,184,855


Information Technology — 15.3%
Anaplan ^*		18,534		1,204,524
Apple		5,115		806,380
Bill.com Holdings ^*		3,483		594,583
Elastic ^*		9,515		724,472
Fiserv ^*		9,129		893,912
Microsoft		2,942		816,464
Pegasystems		8,751		670,239
SentinelOne, Cl A ^*		19,218		639,383
Snowflake, Cl A ^*		2,947		505,234
Unity Software ^*		7,781		516,736
Visa, Cl A		3,879		826,731
				8,198,658


Materials — 8.3%
Berry Global Group ^*		13,929		784,899
Crown Holdings		7,257		798,560
Ginkgo Bioworks Holdings ^{* (A)}		159,263		461,863
Huntsman		22,288		754,894
International Flavors & Fragrances		6,553		794,879
Sherwin-Williams		3,230		888,121
				4,483,216


Real Estate — 4.5%
American Tower, Cl A ^‡		3,787		912,743
ProLogis ^‡		6,085		975,365
Zillow Group, Cl C ^*		13,565		540,158
				2,428,266

The accompanying notes are an integral part of the financial statements.

234

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

	Shares/Face Amount		Value
COMMON STOCK — continued
Utilities — 1.9%
Vistra		40,671	$	1,017,588


TOTAL UNITED STATES				48,327,132
TOTAL COMMON STOCK
(Cost $61,333,572)				52,847,756

MASTER LIMITED PARTNERSHIP — 1.6%
UNITED STATES— 1.6%
Industrials — 1.6%
Icahn Enterprises (Cost $805,811)		15,952		839,713

SHORT-TERM INVESTMENT^(B)(C) — 1.3%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.160%
(Cost $708,349)		708,349		708,349

REPURCHASE AGREEMENT^(B) — 0.9%
BNP Paribas
0.240%, dated 04/29/2022, to be repurchased on 05/02/2022, repurchase price $507,925 (collateralized by various U.S. Treasury Obligations, ranging in par value $40,450 - $54,387, 0.250%, 09/30/2025, with a total market value of $517,753)
(Cost $507,915)	$	507,915		507,915
TOTAL INVESTMENTS — 102.2%
(Cost $63,355,647)			$	54,903,733

Percentages are based on Net Assets of $53,722,879.

Cl — Class

S&P — Standard & Poor’s

The accompanying notes are an integral part of the financial statements.

235

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X Guru^® Index ETF

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2022. The total value of securities on loan at April 30, 2022 was $1,227,224.
(B)	Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2022 was $1,216,264.
(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2022.

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	52,847,756	$	—	$	—	$	52,847,756
Master Limited Partnership		839,713		—		—		839,713
Short-Term Investment		708,349		—		—		708,349
Repurchase Agreement		—		507,915		—		507,915
Total Investments in Securities	$	54,395,818	$	507,915	$	—	$	54,903,733

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

236

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — 97.2%^(A)
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		22	$	3,760


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		29		3,619


UNITED KINGDOM — 0.5%
Materials — 0.5%
Linde		44		13,726


UNITED STATES — 96.5%
Communication Services — 8.4%
Activision Blizzard		65		4,914
Alphabet, Cl A ^*		27		61,619
Alphabet, Cl C ^*		24		55,184
AT&T		624		11,769
Charter Communications, Cl A ^*		10		4,285
Comcast, Cl A		398		15,825

The accompanying notes are an integral part of the financial statements.

237

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
DISH Network, Cl A ^*		26	$	741
Electronic Arts		26		3,069
Fox, Cl A		26		932
Fox, Cl B		13		432
Interpublic Group		39		1,272
Live Nation Entertainment ^*		13		1,364
Lumen Technologies		91		916
Match Group ^*		25		1,979
Meta Platforms, Cl A ^*		202		40,495
Netflix ^*		39		7,424
News, Cl A		39		775
News, Cl B		13		259
Omnicom Group		16		1,218
Paramount Global, Cl B		52		1,514
Take-Two Interactive Software ^*		10		1,195
T-Mobile US ^*		52		6,403
Twitter ^*		68		3,333
Verizon Communications		361		16,714
Walt Disney ^*		159		17,749
Warner Bros Discovery ^*		189		3,430
				264,810


Consumer Discretionary — 11.1%
Advance Auto Parts		5		998
Amazon.com ^*		38		94,454
Aptiv ^*		26		2,766
AutoZone ^*		2		3,911
Bath & Body Works		26		1,375
Best Buy		22		1,978
Booking Holdings ^*		4		8,841
BorgWarner		26		958
Caesars Entertainment ^*		21		1,392
CarMax ^*		13		1,115

The accompanying notes are an integral part of the financial statements.

238

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Carnival ^*		68	$	1,176
Chipotle Mexican Grill, Cl A ^*		2		2,911
Darden Restaurants		13		1,713
Dollar General		19		4,513
Dollar Tree ^*		18		2,924
Domino’s Pizza		3		1,014
DR Horton		26		1,809
eBay		55		2,856
Etsy ^*		13		1,212
Expedia Group ^*		13		2,272
Ford Motor		344		4,871
Garmin		13		1,427
General Motors ^*		132		5,004
Genuine Parts		13		1,691
Hasbro		13		1,145
Hilton Worldwide Holdings		26		4,038
Home Depot		91		27,336
Las Vegas Sands ^*		26		921
Lennar, Cl A		26		1,989
LKQ		26		1,290
Lowe’s		60		11,864
Marriott International, Cl A		24		4,261
McDonald’s		65		16,195
MGM Resorts International		31		1,272
Mohawk Industries ^*		4		564
Newell Brands		29		671
NIKE, Cl B		111		13,842
Norwegian Cruise Line Holdings ^*		29		581
O’Reilly Automotive ^*		6		3,639
Penn National Gaming ^*		13		475
Pool		3		1,216
PulteGroup		26		1,086

The accompanying notes are an integral part of the financial statements.

239

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
PVH		8	$	582
Ralph Lauren, Cl A		3		313
Ross Stores		34		3,392
Royal Caribbean Cruises ^*		22		1,710
Starbucks		104		7,763
Tapestry		26		856
Target		42		9,603
Tesla ^*		73		63,566
TJX		107		6,557
Tractor Supply		9		1,813
Ulta Beauty ^*		4		1,587
Under Armour, Cl A ^*		13		200
Under Armour, Cl C ^*		13		184
VF		26		1,352
Whirlpool		5		908
Wynn Resorts ^*		13		916
Yum! Brands		26		3,042
				349,910


Consumer Staples — 6.7%
Altria Group		159		8,836
Archer-Daniels-Midland		52		4,657
Brown-Forman, Cl B		13		877
Campbell Soup		13		614
Church & Dwight		21		2,049
Clorox		13		1,865
Coca-Cola		340		21,967
Colgate-Palmolive		78		6,010
Conagra Brands		39		1,362
Constellation Brands, Cl A		15		3,691
Costco Wholesale		39		20,737
Estee Lauder, Cl A		20		5,281
General Mills		52		3,678

The accompanying notes are an integral part of the financial statements.

240

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Hershey		13	$	2,935
Hormel Foods		26		1,362
J M Smucker		9		1,232
Kellogg		26		1,781
Kimberly-Clark		30		4,165
Kraft Heinz		55		2,345
Kroger		58		3,130
Lamb Weston Holdings		13		859
McCormick		22		2,213
Molson Coors Beverage, Cl B		13		704
Mondelez International, Cl A		121		7,802
Monster Beverage ^*		35		2,999
PepsiCo		121		20,777
Philip Morris International		134		13,400
Procter & Gamble		210		33,715
Sysco		48		4,103
Tyson Foods, Cl A		26		2,422
Walgreens Boots Alliance		65		2,756
Walmart		124		18,971
				209,295


Energy — 4.1%
APA		29		1,187
Baker Hughes, Cl A		68		2,109
Chevron		168		26,321
ConocoPhillips		117		11,176
Coterra Energy		63		1,814
Devon Energy		52		3,025
Diamondback Energy		13		1,641
EOG Resources		52		6,071
Exxon Mobil		370		31,542
Halliburton		78		2,778
Hess		26		2,680

The accompanying notes are an integral part of the financial statements.

241

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Kinder Morgan		172	$	3,122
Marathon Oil		68		1,695
Marathon Petroleum		55		4,799
Occidental Petroleum		78		4,297
ONEOK		39		2,470
Phillips 66		39		3,384
Pioneer Natural Resources		20		4,649
Schlumberger		120		4,681
Valero Energy		39		4,348
Williams		107		3,669
				127,458


Financials — 10.6%
Aflac		52		2,979
Allstate		26		3,290
American Express		54		9,434
American International Group		78		4,564
Ameriprise Financial		10		2,655
Aon, Cl A		19		5,472
Arthur J Gallagher		17		2,864
Assurant		4		727
Bank of America		622		22,193
Bank of New York Mellon		68		2,860
Berkshire Hathaway, Cl B ^*		161		51,976
BlackRock, Cl A		12		7,496
Brown & Brown		22		1,364
Capital One Financial		36		4,486
Cboe Global Markets		9		1,017
Charles Schwab		131		8,689
Chubb		39		8,052
Cincinnati Financial		13		1,595
Citigroup		173		8,340
Citizens Financial Group		39		1,537

The accompanying notes are an integral part of the financial statements.

242

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
CME Group, Cl A		31	$	6,800
Comerica		13		1,065
Discover Financial Services		26		2,924
Everest Re Group		4		1,099
FactSet Research Systems		3		1,210
Fifth Third Bancorp		65		2,439
First Republic Bank		13		1,940
Franklin Resources		26		639
Globe Life		8		785
Goldman Sachs Group		30		9,165
Hartford Financial Services Group		26		1,818
Huntington Bancshares		130		1,709
Intercontinental Exchange		49		5,675
Invesco		26		478
JPMorgan Chase		260		31,034
KeyCorp		81		1,564
Lincoln National		13		782
Loews		13		817
M&T Bank		17		2,833
MarketAxess Holdings		3		791
Marsh & McLennan		44		7,115
MetLife		65		4,269
Moody’s		13		4,114
Morgan Stanley		124		9,993
MSCI, Cl A		7		2,949
Nasdaq		9		1,416
Northern Trust		18		1,855
PNC Financial Services Group		37		6,146
Principal Financial Group		26		1,772
Progressive		52		5,583
Prudential Financial		30		3,255
Raymond James Financial		18		1,754

The accompanying notes are an integral part of the financial statements.

243

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Regions Financial		81	$	1,678
S&P Global		31		11,671
Signature Bank NY		5		1,211
State Street		32		2,143
SVB Financial Group ^*		5		2,438
Synchrony Financial		44		1,620
T Rowe Price Group		18		2,215
Travelers		21		3,592
Truist Financial		117		5,657
US Bancorp		120		5,827
W R Berkley		19		1,263
Wells Fargo		340		14,834
Willis Towers Watson		11		2,363
Zions Bancorp		13		735
				334,625


Health Care — 13.8%
Abbott Laboratories		154		17,479
AbbVie		154		22,620
ABIOMED ^*		4		1,146
Agilent Technologies		26		3,101
Align Technology ^*		6		1,739
AmerisourceBergen, Cl A		13		1,967
Amgen		49		11,426
Anthem		21		10,541
Baxter International		47		3,340
Becton Dickinson		26		6,427
Biogen ^*		13		2,697
Bio-Rad Laboratories, Cl A ^*		2		1,024
Bio-Techne		3		1,139
Boston Scientific ^*		130		5,474
Bristol-Myers Squibb		190		14,301
Cardinal Health		26		1,509

The accompanying notes are an integral part of the financial statements.

244

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Catalent ^*		13	$	1,177
Centene ^*		52		4,189
Cerner		26		2,435
Charles River Laboratories International ^*		4		966
Cigna		28		6,910
Cooper		4		1,444
CVS Health		117		11,247
Danaher		56		14,063
DaVita ^*		5		542
DENTSPLY SIRONA		16		640
Dexcom ^*		8		3,269
Edwards Lifesciences ^*		56		5,924
Eli Lilly		69		20,157
Gilead Sciences		115		6,824
HCA Healthcare		21		4,506
Henry Schein ^*		13		1,054
Hologic ^*		26		1,872
Humana		11		4,890
IDEXX Laboratories ^*		7		3,013
Illumina ^*		13		3,856
Incyte ^*		13		974
Intuitive Surgical ^*		31		7,418
IQVIA Holdings ^*		18		3,924
Johnson & Johnson		232		41,867
Laboratory Corp of America Holdings		8		1,922
McKesson		13		4,025
Medtronic		116		12,106
Merck		220		19,512
Mettler-Toledo International ^*		2		2,555
Moderna ^*		31		4,167
Molina Healthcare ^*		5		1,567
Organon		26		841

The accompanying notes are an integral part of the financial statements.

245

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
PerkinElmer		11	$	1,613
Pfizer		492		24,142
Quest Diagnostics		10		1,338
Regeneron Pharmaceuticals ^*		9		5,932
ResMed		13		2,600
STERIS		10		2,241
Stryker		30		7,238
Teleflex		4		1,142
Thermo Fisher Scientific		35		19,352
UnitedHealth Group		83		42,210
Universal Health Services, Cl B		8		980
Vertex Pharmaceuticals ^*		22		6,011
Viatris, Cl W ^*		107		1,105
Waters ^*		5		1,515
West Pharmaceutical Services		6		1,890
Zimmer Biomet Holdings		18		2,173
Zoetis, Cl A		42		7,445
				434,713


Industrials — 7.6%
3M		52		7,499
Alaska Air Group ^*		13		707
Allegion		9		1,028
American Airlines Group ^*		55		1,032
AMETEK		22		2,778
AO Smith		13		760
Boeing ^*		47		6,995
Carrier Global		79		3,023
Caterpillar		48		10,106
CH Robinson Worldwide		13		1,380
Cintas		7		2,781
Copart ^*		21		2,387
CSX		198		6,799

The accompanying notes are an integral part of the financial statements.

246

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Cummins		13	$	2,459
Deere		24		9,061
Delta Air Lines ^*		55		2,367
Dover		13		1,733
Eaton		33		4,786
Emerson Electric		52		4,689
Equifax		10		2,035
Expeditors International of Washington		13		1,288
Fastenal		52		2,876
FedEx		21		4,174
Fortive		29		1,667
Fortune Brands Home & Security		13		926
Generac Holdings ^*		5		1,097
General Dynamics		20		4,731
General Electric		96		7,157
Honeywell International		59		11,417
Howmet Aerospace		39		1,331
Huntington Ingalls Industries		4		851
IDEX		6		1,139
Illinois Tool Works		26		5,125
Ingersoll Rand		39		1,714
Jacobs Engineering Group		13		1,801
JB Hunt Transport Services		7		1,196
Johnson Controls International		65		3,892
L3Harris Technologies		17		3,948
Leidos Holdings		13		1,346
Lockheed Martin		21		9,075
Masco		26		1,370
Nielsen Holdings		29		777
Nordson		5		1,078
Norfolk Southern		21		5,415
Northrop Grumman		13		5,712

The accompanying notes are an integral part of the financial statements.

247

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Old Dominion Freight Line		7	$	1,961
Otis Worldwide		39		2,841
PACCAR		26		2,159
Parker-Hannifin		11		2,979
Pentair		13		660
Quanta Services		13		1,508
Raytheon Technologies		130		12,338
Republic Services, Cl A		18		2,417
Robert Half International		9		885
Rockwell Automation		11		2,779
Rollins		16		537
Snap-On		5		1,062
Southwest Airlines ^*		52		2,429
Stanley Black & Decker		13		1,562
Textron		16		1,108
Trane Technologies		20		2,798
TransDigm Group ^*		4		2,379
Union Pacific		57		13,355
United Airlines Holdings ^*		26		1,313
United Parcel Service, Cl B		65		11,699
United Rentals ^*		6		1,899
Verisk Analytics, Cl A		13		2,653
Waste Management		33		5,427
Westinghouse Air Brake Technologies		13		1,169
WW Grainger		4		2,000
Xylem		13		1,047
				238,472


Information Technology — 26.3%
Accenture, Cl A		55		16,520
Adobe ^*		41		16,234
Advanced Micro Devices ^*		141		12,058
Akamai Technologies ^*		13		1,460

The accompanying notes are an integral part of the financial statements.

248

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Amphenol, Cl A		52	$	3,718
Analog Devices		46		7,101
ANSYS ^*		7		1,930
Apple		1,358		214,089
Applied Materials		78		8,607
Arista Networks ^*		20		2,311
Autodesk ^*		19		3,596
Automatic Data Processing		37		8,073
Broadcom		36		19,958
Broadridge Financial Solutions		10		1,441
Cadence Design Systems ^*		26		3,922
CDW		13		2,121
Ceridian HCM Holding ^*		12		674
Cisco Systems		369		18,074
Citrix Systems ^*		13		1,301
Cognizant Technology Solutions, Cl A		49		3,964
Corning		65		2,287
DXC Technology ^*		26		746
Enphase Energy ^*		13		2,098
EPAM Systems ^*		5		1,325
F5 ^*		4		670
Fidelity National Information Services		52		5,156
Fiserv ^*		52		5,092
FleetCor Technologies ^*		7		1,747
Fortinet ^*		12		3,468
Gartner ^*		6		1,743
Global Payments		26		3,561
Hewlett Packard Enterprise		117		1,803
HP		92		3,370
Intel		355		15,474
International Business Machines		78		10,312
Intuit		25		10,469

The accompanying notes are an integral part of the financial statements.

249

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
IPG Photonics ^*		4	$	378
Jack Henry & Associates		8		1,517
Juniper Networks		26		820
Keysight Technologies ^*		16		2,244
KLA		13		4,150
Lam Research		12		5,589
Mastercard, Cl A		76		27,617
Microchip Technology		52		3,390
Micron Technology		97		6,614
Microsoft		657		182,331
Monolithic Power Systems		3		1,177
Motorola Solutions		15		3,205
NetApp		22		1,612
NortonLifeLock		52		1,302
NVIDIA		219		40,618
Oracle		138		10,129
Paychex		26		3,295
Paycom Software ^*		4		1,126
PayPal Holdings ^*		102		8,969
PTC ^*		9		1,028
Qorvo ^*		9		1,024
QUALCOMM		100		13,969
Roper Technologies		9		4,229
Salesforce ^*		85		14,955
Seagate Technology Holdings		13		1,067
ServiceNow ^*		17		8,128
Skyworks Solutions		13		1,473
SolarEdge Technologies ^*		4		1,002
Synopsys ^*		13		3,728
Teledyne Technologies ^*		4		1,726
Teradyne		13		1,371
Texas Instruments		82		13,961

The accompanying notes are an integral part of the financial statements.

250

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Trimble ^*		26	$	1,734
Tyler Technologies ^*		3		1,184
VeriSign ^*		10		1,787
Visa, Cl A		145		30,904
Western Digital ^*		26		1,380
Zebra Technologies, Cl A ^*		4		1,479
				828,685


Materials — 2.3%
Air Products & Chemicals		18		4,213
Albemarle		9		1,735
Amcor		133		1,577
Avery Dennison		9		1,625
Ball		26		2,110
Celanese, Cl A		8		1,176
CF Industries Holdings		16		1,549
Corteva		65		3,750
Dow		65		4,322
DuPont de Nemours		45		2,967
Eastman Chemical		13		1,335
Ecolab		22		3,725
FMC		13		1,723
Freeport-McMoRan		130		5,272
International Flavors & Fragrances		22		2,669
International Paper		39		1,805
LyondellBasell Industries, Cl A		26		2,757
Martin Marietta Materials		5		1,771
Mosaic		26		1,623
Newmont		68		4,954
Nucor		26		4,024
Packaging Corp of America		10		1,612
PPG Industries		23		2,944
Sealed Air		13		835

The accompanying notes are an integral part of the financial statements.

251

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Sherwin-Williams		20	$	5,499
Vulcan Materials		13		2,240
Westrock		26		1,288
				71,100


Real Estate — 2.8%
Alexandria Real Estate Equities ^‡		13		2,368
American Tower, Cl A ^‡		41		9,882
AvalonBay Communities ^‡		13		2,957
Boston Properties ^‡		13		1,529
Camden Property Trust ^‡		10		1,569
CBRE Group, Cl A ^*		26		2,159
Crown Castle International ^‡		39		7,223
Digital Realty Trust ^‡		26		3,799
Duke Realty ^‡		29		1,588
Equinix ^‡		8		5,753
Equity Residential ^‡		26		2,119
Essex Property Trust ^‡		5		1,646
Extra Space Storage ^‡		13		2,470
Federal Realty Investment Trust ^‡		5		585
Healthpeak Properties ^‡		52		1,706
Host Hotels & Resorts ^‡		65		1,323
Iron Mountain ^‡		26		1,397
Kimco Realty ^‡		52		1,317
Mid-America Apartment Communities ^‡		9		1,770
ProLogis ^‡		65		10,419
Public Storage ^‡		13		4,830
Realty Income ^‡		51		3,537
Regency Centers ^‡		13		895
SBA Communications, Cl A ^‡		9		3,124
Simon Property Group ^‡		26		3,068
UDR ^‡		26		1,383
Ventas ^‡		29		1,611

The accompanying notes are an integral part of the financial statements.

252

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Vornado Realty Trust ^‡		13	$	503
Welltower ^‡		39		3,542
Weyerhaeuser ^‡		65		2,679
				88,751


Utilities — 2.8%
AES		55		1,123
Alliant Energy		26		1,529
Ameren		26		2,415
American Electric Power		47		4,658
American Water Works		16		2,465
Atmos Energy		13		1,474
CenterPoint Energy		52		1,592
CMS Energy		26		1,786
Consolidated Edison		26		2,411
Constellation Energy		30		1,776
Dominion Energy		75		6,123
DTE Energy		17		2,228
Duke Energy		65		7,161
Edison International		29		1,995
Entergy		17		2,021
Evergy		19		1,289
Eversource Energy		26		2,272
Exelon		90		4,210
FirstEnergy		52		2,252
NextEra Energy		170		12,073
NiSource		39		1,136
NRG Energy		26		933
Pinnacle West Capital		13		926
PPL		65		1,840
Public Service Enterprise Group		42		2,926
Sempra Energy		26		4,195
Southern		91		6,679

The accompanying notes are an integral part of the financial statements.

253

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

	Shares/Number of Contracts		Value
COMMON STOCK — continued
Utilities — continued
WEC Energy Group		26	$	2,601
Xcel Energy		52		3,810
				87,899


TOTAL UNITED STATES				3,035,718
TOTAL COMMON STOCK
(Cost $3,296,603)				3,056,823
TOTAL INVESTMENTS — 97.2%
(Cost $3,296,603)			$	3,056,823


			Value
PURCHASED OPTIONS— 2.6%⁽¹⁾
UNITED STATES— 2.6%
(Cost $54,491)		19	$	81,362
TOTAL PURCHASED OPTIONS

Percentages are based on Net Assets of $3,145,183.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 2.6%
Put Options
Mini-SPX Index^*		13	$	517,400	$	398.00	06/17/22	$	14,762
S&P 500 Index^*		6		2,385,000		3,975.00	06/17/22		66,600
Total Purchased Options			$	2,902,400				$	81,362

Cl — Class

S&P — Standard & Poor’s

*	Non-income producing security.

The accompanying notes are an integral part of the financial statements.

254

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Tail Risk ETF

‡	Real Estate Investment Trust
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for purchasedoptions contracts. The aggregate market value of collateral at April 30, 2022 was$3,056,823.

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	3,056,823	$	—	$	—	$	3,056,823
Total Investments in Securities	$	3,056,823	$	—	$	—	$	3,056,823

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Purchased Options	$	81,362	$	–	$	–	$	81,362
Total Other Financial Instruments	$	81,362	$	–	$	–	$	81,362

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

255

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — 96.5%^(A)
CHINA — 0.2%
Information Technology — 0.2%
NXP Semiconductors		176	$	30,078


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		190		23,708


UNITED KINGDOM — 0.4%
Materials — 0.4%
Linde		311		97,020


UNITED STATES — 95.8%
Communication Services — 8.4%
Activision Blizzard		480		36,288
Alphabet, Cl A ^*		187		426,769
Alphabet, Cl C ^*		171		393,185
AT&T		4,414		83,248
Charter Communications, Cl A ^*		73		31,280

The accompanying notes are an integral part of the financial statements.

256

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Comcast, Cl A		2,840	$	112,918
DISH Network, Cl A ^*		184		5,246
Electronic Arts		184		21,721
Fox, Cl A		184		6,595
Fox, Cl B		92		3,058
Interpublic Group		276		9,003
Live Nation Entertainment ^*		92		9,649
Lumen Technologies		595		5,986
Match Group ^*		184		14,564
Meta Platforms, Cl A ^*		1,437		288,075
Netflix ^*		275		52,349
News, Cl A		276		5,481
News, Cl B		92		1,832
Omnicom Group		112		8,527
Paramount Global, Cl B		368		10,716
Take-Two Interactive Software ^*		83		9,919
T-Mobile US ^*		368		45,315
Twitter ^*		480		23,530
Verizon Communications		2,566		118,806
Walt Disney ^*		1,127		125,807
Warner Bros Discovery ^*		1,344		24,394
				1,874,261


Consumer Discretionary — 11.0%
Advance Auto Parts		30		5,989
Amazon.com ^*		270		671,120
Aptiv ^*		184		19,578
AutoZone ^*		12		23,466
Bath & Body Works		184		9,732
Best Buy		135		12,141
Booking Holdings ^*		24		53,047
BorgWarner		184		6,777
Caesars Entertainment ^*		101		6,694

The accompanying notes are an integral part of the financial statements.

257

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
CarMax ^*		92	$	7,892
Carnival ^*		480		8,304
Chipotle Mexican Grill, Cl A ^*		16		23,290
Darden Restaurants		92		12,119
Dollar General		142		33,729
Dollar Tree ^*		135		21,931
Domino’s Pizza		18		6,084
DR Horton		184		12,805
eBay		388		20,145
Etsy ^*		86		8,014
Expedia Group ^*		92		16,077
Ford Motor		2,485		35,188
Garmin		92		10,096
General Motors ^*		924		35,029
Genuine Parts		92		11,965
Hasbro		92		8,102
Hilton Worldwide Holdings		184		28,573
Home Depot		655		196,762
Las Vegas Sands ^*		184		6,519
Lennar, Cl A		184		14,074
LKQ		184		9,132
Lowe’s		418		82,651
Marriott International, Cl A		184		32,664
McDonald’s		463		115,361
MGM Resorts International		276		11,327
Mohawk Industries ^*		23		3,244
Newell Brands		266		6,158
NIKE, Cl B		814		101,506
Norwegian Cruise Line Holdings ^*		258		5,168
NVR ^*		2		8,752
O’Reilly Automotive ^*		38		23,049
Penn National Gaming ^*		92		3,364

The accompanying notes are an integral part of the financial statements.

258

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Pool		20	$	8,104
PulteGroup		184		7,684
PVH		11		801
Ralph Lauren, Cl A		3		313
Ross Stores		192		19,156
Royal Caribbean Cruises ^*		180		13,991
Starbucks		736		54,935
Tapestry		184		6,057
Target		287		65,623
Tesla ^*		516		449,312
TJX		734		44,980
Tractor Supply		83		16,720
Ulta Beauty ^*		28		11,110
Under Armour, Cl A ^*		92		1,413
Under Armour, Cl C ^*		92		1,305
VF		184		9,568
Whirlpool		22		3,993
Wynn Resorts ^*		92		6,484
Yum! Brands		184		21,530
				2,470,697


Consumer Staples — 6.6%
Altria Group		1,136		63,128
Archer-Daniels-Midland		368		32,958
Brown-Forman, Cl B		92		6,204
Campbell Soup		92		4,344
Church & Dwight		130		12,683
Clorox		92		13,199
Coca-Cola		2,391		154,482
Colgate-Palmolive		552		42,532
Conagra Brands		276		9,641
Constellation Brands, Cl A		96		23,625
Costco Wholesale		275		146,223

The accompanying notes are an integral part of the financial statements.

259

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Estee Lauder, Cl A		143	$	37,761
General Mills		368		26,029
Hershey		92		20,771
Hormel Foods		184		9,640
J M Smucker		53		7,257
Kellogg		184		12,604
Kimberly-Clark		188		26,100
Kraft Heinz		450		19,183
Kroger		459		24,768
Lamb Weston Holdings		92		6,081
McCormick		184		18,505
Molson Coors Beverage, Cl B		92		4,981
Mondelez International, Cl A		858		55,324
Monster Beverage ^*		252		21,591
PepsiCo		852		146,297
Philip Morris International		938		93,800
Procter & Gamble		1,500		240,825
Sysco		296		25,302
Tyson Foods, Cl A		184		17,141
Walgreens Boots Alliance		460		19,504
Walmart		862		131,877
				1,474,360


Energy — 4.1%
APA		217		8,882
Baker Hughes, Cl A		542		16,813
Chevron		1,194		187,064
ConocoPhillips		838		80,046
Coterra Energy		532		15,316
Devon Energy		368		21,406
Diamondback Energy		92		11,613
EOG Resources		368		42,968
Exxon Mobil		2,647		225,657

The accompanying notes are an integral part of the financial statements.

260

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Halliburton		552	$	19,662
Hess		184		18,965
Kinder Morgan		1,216		22,070
Marathon Oil		480		11,962
Marathon Petroleum		388		33,857
Occidental Petroleum		552		30,410
ONEOK		276		17,479
Phillips 66		276		23,946
Pioneer Natural Resources		140		32,546
Schlumberger		896		34,953
Valero Energy		276		30,768
Williams		756		25,923
				912,306


Financials — 10.6%
Aflac		368		21,079
Allstate		184		23,283
American Express		376		65,691
American International Group		552		32,297
Ameriprise Financial		67		17,788
Aon, Cl A		130		37,439
Arthur J Gallagher		119		20,050
Assurant		25		4,547
Bank of America		4,482		159,918
Bank of New York Mellon		480		20,189
Berkshire Hathaway, Cl B ^*		1,136		366,735
BlackRock, Cl A		92		57,470
Brown & Brown		181		11,218
Capital One Financial		276		34,395
Cboe Global Markets		77		8,699
Charles Schwab		919		60,957
Chubb		276		56,980
Cincinnati Financial		92		11,285

The accompanying notes are an integral part of the financial statements.

261

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Citigroup		1,239	$	59,732
Citizens Financial Group		276		10,874
CME Group, Cl A		216		47,377
Comerica		92		7,535
Discover Financial Services		184		20,693
Everest Re Group		18		4,945
FactSet Research Systems		19		7,666
Fifth Third Bancorp		460		17,264
First Republic Bank		95		14,176
Franklin Resources		184		4,525
Globe Life		38		3,727
Goldman Sachs Group		206		62,931
Hartford Financial Services Group		184		12,867
Huntington Bancshares		920		12,098
Intercontinental Exchange		368		42,618
Invesco		184		3,382
JPMorgan Chase		1,842		219,861
KeyCorp		572		11,045
Lincoln National		92		5,534
Loews		92		5,781
M&T Bank		112		18,664
MarketAxess Holdings		18		4,745
Marsh & McLennan		301		48,672
MetLife		460		30,213
Moody’s		94		29,749
Morgan Stanley		853		68,743
MSCI, Cl A		51		21,484
Nasdaq		84		13,219
Northern Trust		118		12,160
PNC Financial Services Group		276		45,844
Principal Financial Group		184		12,538
Progressive		368		39,508

The accompanying notes are an integral part of the financial statements.

262

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Prudential Financial		260	$	28,213
Raymond James Financial		97		9,454
Regions Financial		572		11,852
S&P Global		218		82,077
Signature Bank NY		31		7,510
State Street		206		13,796
SVB Financial Group ^*		32		15,604
Synchrony Financial		368		13,546
T Rowe Price Group		128		15,749
Travelers		146		24,975
Truist Financial		828		40,034
US Bancorp		848		41,179
W R Berkley		134		8,910
Wells Fargo		2,397		104,581
Willis Towers Watson		72		15,470
Zions Bancorp		92		5,199
				2,368,339


Health Care — 13.6%
Abbott Laboratories		1,099		124,737
AbbVie		1,098		161,274
ABIOMED ^*		22		6,305
Agilent Technologies		184		21,946
Align Technology ^*		39		11,307
AmerisourceBergen, Cl A		92		13,919
Amgen		358		83,482
Anthem		151		75,791
Baxter International		282		20,039
Becton Dickinson		184		45,483
Biogen ^*		92		19,084
Bio-Rad Laboratories, Cl A ^*		8		4,096
Bio-Techne		20		7,594
Boston Scientific ^*		922		38,825

The accompanying notes are an integral part of the financial statements.

263

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Bristol-Myers Squibb		1,372	$	103,270
Cardinal Health		184		10,681
Catalent ^*		92		8,332
Centene ^*		368		29,642
Cerner		184		17,230
Charles River Laboratories International ^*		25		6,038
Cigna		190		46,888
Cooper		25		9,026
CVS Health		828		79,596
Danaher		390		97,941
DaVita ^*		24		2,601
DENTSPLY SIRONA		112		4,479
Dexcom ^*		60		24,515
Edwards Lifesciences ^*		373		39,456
Eli Lilly		488		142,559
Gilead Sciences		768		45,573
HCA Healthcare		147		31,539
Henry Schein ^*		92		7,461
Hologic ^*		184		13,246
Humana		75		33,342
IDEXX Laboratories ^*		55		23,676
Illumina ^*		92		27,292
Incyte ^*		92		6,896
Intuitive Surgical ^*		216		51,689
IQVIA Holdings ^*		109		23,761
Johnson & Johnson		1,646		297,037
Laboratory Corp of America Holdings		56		13,456
McKesson		92		28,484
Medtronic		826		86,201
Merck		1,561		138,445
Mettler-Toledo International ^*		12		15,330
Moderna ^*		199		26,748

The accompanying notes are an integral part of the financial statements.

264

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Molina Healthcare ^*		34	$	10,657
Organon		184		5,949
PerkinElmer		82		12,022
Pfizer		3,524		172,923
Quest Diagnostics		92		12,313
Regeneron Pharmaceuticals ^*		67		44,160
ResMed		92		18,397
STERIS		59		13,219
Stryker		203		48,976
Teleflex		23		6,569
Thermo Fisher Scientific		240		132,701
UnitedHealth Group		583		296,485
Universal Health Services, Cl B		25		3,063
Vertex Pharmaceuticals ^*		156		42,622
Viatris, Cl W ^*		756		7,809
Waters ^*		31		9,394
West Pharmaceutical Services		47		14,808
Zimmer Biomet Holdings		118		14,249
Zoetis, Cl A		280		49,630
				3,042,258


Industrials — 7.6%
3M		368		53,073
Alaska Air Group ^*		92		5,004
Allegion		72		8,225
American Airlines Group ^*		388		7,283
AMETEK		168		21,212
AO Smith		92		5,376
Boeing ^*		328		48,819
Carrier Global		554		21,202
Caterpillar		334		70,320
CH Robinson Worldwide		92		9,766
Cintas		56		22,247

The accompanying notes are an integral part of the financial statements.

265

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Copart ^*		120	$	13,638
CSX		1,400		48,076
Cummins		92		17,405
Deere		173		65,316
Delta Air Lines ^*		388		16,696
Dover		92		12,264
Eaton		264		38,285
Emerson Electric		368		33,186
Equifax		85		17,299
Expeditors International of Washington		92		9,114
Fastenal		368		20,354
FedEx		149		29,612
Fortive		204		11,730
Fortune Brands Home & Security		92		6,555
Generac Holdings ^*		32		7,020
General Dynamics		141		33,351
General Electric		652		48,607
Honeywell International		424		82,048
Howmet Aerospace		276		9,417
Huntington Ingalls Industries		16		3,404
IDEX		44		8,352
Illinois Tool Works		184		36,268
Ingersoll Rand		276		12,133
Jacobs Engineering Group		92		12,747
JB Hunt Transport Services		49		8,372
Johnson Controls International		460		27,540
L3Harris Technologies		111		25,781
Leidos Holdings		92		9,523
Lockheed Martin		151		65,250
Masco		184		9,695
Nielsen Holdings		204		5,469
Nordson		28		6,039

The accompanying notes are an integral part of the financial statements.

266

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Norfolk Southern		148	$	38,166
Northrop Grumman		92		40,425
Old Dominion Freight Line		69		19,328
Otis Worldwide		276		20,104
PACCAR		184		15,281
Parker-Hannifin		87		23,561
Pentair		92		4,669
Quanta Services		92		10,670
Raytheon Technologies		920		87,317
Republic Services, Cl A		107		14,367
Robert Half International		92		9,044
Rockwell Automation		84		21,224
Rollins		174		5,836
Snap-On		25		5,312
Southwest Airlines ^*		368		17,193
Stanley Black & Decker		92		11,054
Textron		125		8,656
Trane Technologies		141		19,724
TransDigm Group ^*		28		16,655
Union Pacific		388		90,905
United Airlines Holdings ^*		184		9,292
United Parcel Service, Cl B		460		82,791
United Rentals ^*		35		11,078
Verisk Analytics, Cl A		92		18,773
Waste Management		256		42,097
Westinghouse Air Brake Technologies		92		8,272
WW Grainger		22		11,001
Xylem		92		7,406
				1,693,274


Information Technology — 26.1%
Accenture, Cl A		388		116,540
Adobe ^*		288		114,034

The accompanying notes are an integral part of the financial statements.

267

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Advanced Micro Devices ^*		1,021	$	87,316
Akamai Technologies ^*		92		10,330
Amphenol, Cl A		368		26,312
Analog Devices		323		49,865
ANSYS ^*		53		14,612
Apple		9,570		1,508,710
Applied Materials		557		61,465
Arista Networks ^*		123		14,215
Autodesk ^*		128		24,228
Automatic Data Processing		251		54,763
Broadcom		257		142,478
Broadridge Financial Solutions		83		11,963
Cadence Design Systems ^*		184		27,756
CDW		92		15,013
Ceridian HCM Holding ^*		92		5,164
Cisco Systems		2,673		130,923
Citrix Systems ^*		92		9,209
Cognizant Technology Solutions, Cl A		301		24,351
Corning		460		16,187
DXC Technology ^*		184		5,281
Enphase Energy ^*		92		14,849
EPAM Systems ^*		24		6,360
F5 ^*		29		4,855
Fidelity National Information Services		372		36,884
Fiserv ^*		368		36,034
FleetCor Technologies ^*		55		13,724
Fortinet ^*		92		26,589
Gartner ^*		44		12,784
Global Payments		184		25,204
Hewlett Packard Enterprise		828		12,759
HP		749		27,436
Intel		2,535		110,501

The accompanying notes are an integral part of the financial statements.

268

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
International Business Machines		556	$	73,509
Intuit		179		74,956
IPG Photonics ^*		4		378
Jack Henry & Associates		35		6,635
Juniper Networks		184		5,800
Keysight Technologies ^*		108		15,149
KLA		92		29,372
Lam Research		89		41,453
Mastercard, Cl A		528		191,865
Microchip Technology		368		23,994
Micron Technology		712		48,551
Microsoft		4,626		1,283,807
Monolithic Power Systems		22		8,629
Motorola Solutions		96		20,514
NetApp		127		9,303
NortonLifeLock		368		9,215
NVIDIA		1,557		288,777
Oracle		1,011		74,207
Paychex		184		23,318
Paycom Software ^*		24		6,755
PayPal Holdings ^*		732		64,365
PTC ^*		92		10,507
Qorvo ^*		82		9,330
QUALCOMM		682		95,269
Roper Technologies		65		30,545
Salesforce ^*		598		105,212
Seagate Technology Holdings		100		8,204
ServiceNow ^*		120		57,372
Skyworks Solutions		92		10,424
SolarEdge Technologies ^*		26		6,511
Synopsys ^*		92		26,385
Teledyne Technologies ^*		24		10,357

The accompanying notes are an integral part of the financial statements.

269

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Teradyne		92	$	9,702
Texas Instruments		557		94,829
Trimble ^*		184		12,273
Tyler Technologies ^*		24		9,473
VeriSign ^*		57		10,185
Visa, Cl A		1,035		220,589
Western Digital ^*		184		9,765
Zebra Technologies, Cl A ^*		28		10,350
				5,846,528


Materials — 2.3%
Air Products & Chemicals		136		31,833
Albemarle		84		16,198
Amcor		940		11,148
Avery Dennison		47		8,488
Ball		184		14,933
Celanese, Cl A		82		12,049
CF Industries Holdings		112		10,845
Corteva		460		26,537
Dow		460		30,590
DuPont de Nemours		358		23,603
Eastman Chemical		92		9,446
Ecolab		173		29,296
FMC		92		12,194
Freeport-McMoRan		920		37,306
International Flavors & Fragrances		172		20,864
International Paper		276		12,773
LyondellBasell Industries, Cl A		184		19,510
Martin Marietta Materials		33		11,689
Mosaic		237		14,794
Newmont		480		34,968
Nucor		184		28,479
Packaging Corp of America		73		11,765

The accompanying notes are an integral part of the financial statements.

270

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
PPG Industries		169	$	21,630
Sealed Air		80		5,137
Sherwin-Williams		161		44,269
Vulcan Materials		92		15,851
Westrock		184		9,114
				525,309


Real Estate — 2.8%
Alexandria Real Estate Equities ^‡		92		16,759
American Tower, Cl A ^‡		279		67,245
AvalonBay Communities ^‡		92		20,928
Boston Properties ^‡		92		10,819
Camden Property Trust ^‡		66		10,355
CBRE Group, Cl A ^*		184		15,279
Crown Castle International ^‡		276		51,118
Digital Realty Trust ^‡		184		26,886
Duke Realty ^‡		266		14,564
Equinix ^‡		58		41,707
Equity Residential ^‡		184		14,996
Essex Property Trust ^‡		33		10,866
Extra Space Storage ^‡		92		17,480
Federal Realty Investment Trust ^‡		17		1,990
Healthpeak Properties ^‡		368		12,074
Host Hotels & Resorts ^‡		460		9,361
Iron Mountain ^‡		184		9,886
Kimco Realty ^‡		368		9,322
Mid-America Apartment Communities ^‡		83		16,324
ProLogis ^‡		460		73,733
Public Storage ^‡		92		34,178
Realty Income ^‡		353		24,484
Regency Centers ^‡		92		6,332
SBA Communications, Cl A ^‡		62		21,521
Simon Property Group ^‡		190		22,420

The accompanying notes are an integral part of the financial statements.

271

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
UDR ^‡		184	$	9,791
Ventas ^‡		266		14,776
Vornado Realty Trust ^‡		92		3,561
Welltower ^‡		276		25,064
Weyerhaeuser ^‡		460		18,961
				632,780


Utilities — 2.7%
AES		441		9,005
Alliant Energy		184		10,821
Ameren		184		17,094
American Electric Power		282		27,949
American Water Works		95		14,638
Atmos Energy		92		10,433
CenterPoint Energy		368		11,265
CMS Energy		184		12,639
Consolidated Edison		204		18,919
Constellation Energy		210		12,434
Dominion Energy		506		41,310
DTE Energy		96		12,580
Duke Energy		465		51,224
Edison International		266		18,298
Entergy		100		11,885
Evergy		184		12,484
Eversource Energy		184		16,082
Exelon		644		30,126
FirstEnergy		368		15,938
NextEra Energy		1,198		85,082
NiSource		276		8,037
NRG Energy		184		6,606
Pinnacle West Capital		92		6,550
PPL		460		13,023
Public Service Enterprise Group		296		20,619

The accompanying notes are an integral part of the financial statements.

272

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Utilities — continued
Sempra Energy		184		$	29,690
Southern		654			47,997
WEC Energy Group		184			18,409
Xcel Energy		368			26,960
					618,097


TOTAL UNITED STATES					21,458,209
TOTAL COMMON STOCK
(Cost $23,729,186)					21,609,015
TOTAL INVESTMENTS — 96.5%
(Cost $23,729,186)				$	21,609,015


				Value
PURCHASED OPTIONS— 3.6%⁽¹⁾
UNITED STATES— 3.6%
(Cost $246,115)		72		$	808,880
TOTAL PURCHASED OPTIONS
WRITTEN OPTIONS— (0.2)%⁽¹⁾
UNITED STATES— (0.2)%
(Premiums Received $(481,741))		(72	)	$	(52,071	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $22,394,835.

The accompanying notes are an integral part of the financial statements.

273

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Risk Managed Income ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 3.6%
Put Options
Mini-SPX Index^*		22		$	926,200		$	421.00	05/20/22	$	33,880
S&P 500 Index^*		50			21,050,000			4,210.00	05/20/22		775,000
Total Purchased Options				$	21,976,200					$	808,880

WRITTEN OPTIONS — (0.2)%
Call Options
Mini-SPX Index^*		(22	)	$	(974,600	)		443.00	05/20/22	$	(2,321	)
S&P 500 Index^*		(50	)		(22,150,000	)		4,430.00	05/20/22		(49,750	)
Total Written Options				$	(23,124,600	)				$	(52,071	)

*	Non-income producing security.
‡	Real Estate Investment Trust
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions and purchased options contracts. The aggregate market value of collateral at April 30, 2022 was $21,609,015.

Cl — Class

S&P — Standard & Poor’s

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	21,609,015	$	—	$	—	$	21,609,015
Total Investments in Securities	$	21,609,015	$	—	$	—	$	21,609,015

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Purchased Options	$	808,880		$	–	$	–	$	808,880
Written Options		(52,071	)		–		–		(52,071	)
Total Other Financial Instruments	$	756,809		$	–	$	–	$	756,809

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

274

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — 95.4%^(A)
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		28	$	4,785


SWITZERLAND — 0.1%
Information Technology — 0.1%
TE Connectivity		35		4,367


UNITED KINGDOM — 0.5%
Materials — 0.5%
Linde		54		16,846


UNITED STATES — 94.7%
Communication Services — 8.2%
Activision Blizzard		80		6,048
Alphabet, Cl A ^*		32		73,030
Alphabet, Cl C ^*		30		68,980
AT&T		758		14,296
Charter Communications, Cl A ^*		12		5,142

The accompanying notes are an integral part of the financial statements.

275

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Comcast, Cl A		488	$	19,403
DISH Network, Cl A ^*		32		912
Electronic Arts		32		3,778
Fox, Cl A		32		1,147
Fox, Cl B		16		532
Interpublic Group		48		1,566
Live Nation Entertainment ^*		16		1,678
Lumen Technologies		108		1,086
Match Group ^*		31		2,454
Meta Platforms, Cl A ^*		248		49,716
Netflix ^*		47		8,947
News, Cl A		48		953
News, Cl B		16		318
Omnicom Group		18		1,370
Paramount Global, Cl B		64		1,864
Take-Two Interactive Software ^*		12		1,434
T-Mobile US ^*		64		7,881
Twitter ^*		82		4,020
Verizon Communications		442		20,465
Walt Disney ^*		193		21,544
Warner Bros Discovery ^*		231		4,193
				322,757


Consumer Discretionary — 10.9%
Advance Auto Parts		7		1,397
Amazon.com ^*		47		116,825
Aptiv ^*		32		3,405
AutoZone ^*		2		3,911
Bath & Body Works		32		1,692
Best Buy		24		2,158
Booking Holdings ^*		4		8,841
BorgWarner		32		1,179
Caesars Entertainment ^*		21		1,392

The accompanying notes are an integral part of the financial statements.

276

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
CarMax ^*		16	$	1,372
Carnival ^*		82		1,419
Chipotle Mexican Grill, Cl A ^*		3		4,367
Darden Restaurants		16		2,108
Dollar General		23		5,463
Dollar Tree ^*		24		3,899
Domino’s Pizza		3		1,014
DR Horton		32		2,227
eBay		71		3,686
Etsy ^*		16		1,491
Expedia Group ^*		16		2,796
Ford Motor		424		6,004
Garmin		16		1,756
General Motors ^*		161		6,104
Genuine Parts		16		2,081
Hasbro		16		1,409
Hilton Worldwide Holdings		32		4,969
Home Depot		111		33,344
Las Vegas Sands ^*		32		1,134
Lennar, Cl A		32		2,448
LKQ		32		1,588
Lowe’s		71		14,039
Marriott International, Cl A		27		4,793
McDonald’s		82		20,431
MGM Resorts International		48		1,970
Mohawk Industries ^*		4		564
Newell Brands		38		880
NIKE, Cl B		139		17,333
Norwegian Cruise Line Holdings ^*		38		761
O’Reilly Automotive ^*		7		4,246
Penn National Gaming ^*		16		585
Pool		4		1,621

The accompanying notes are an integral part of the financial statements.

277

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
PulteGroup		32	$	1,336
PVH		7		509
Ralph Lauren, Cl A		3		313
Ross Stores		39		3,891
Royal Caribbean Cruises ^*		27		2,099
Starbucks		128		9,554
Tapestry		32		1,053
Target		50		11,433
Tesla ^*		90		78,368
TJX		128		7,844
Tractor Supply		14		2,820
Ulta Beauty ^*		5		1,984
Under Armour, Cl A ^*		16		246
Under Armour, Cl C ^*		16		227
VF		32		1,664
Whirlpool		5		908
Wynn Resorts ^*		16		1,128
Yum! Brands		32		3,744
				427,823


Consumer Staples — 6.5%
Altria Group		203		11,281
Archer-Daniels-Midland		64		5,732
Brown-Forman, Cl B		16		1,079
Campbell Soup		16		755
Church & Dwight		23		2,244
Clorox		16		2,295
Coca-Cola		414		26,748
Colgate-Palmolive		96		7,397
Conagra Brands		48		1,677
Constellation Brands, Cl A		18		4,430
Costco Wholesale		47		24,991
Estee Lauder, Cl A		26		6,866

The accompanying notes are an integral part of the financial statements.

278

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
General Mills		64	$	4,527
Hershey		16		3,612
Hormel Foods		32		1,676
J M Smucker		10		1,369
Kellogg		32		2,192
Kimberly-Clark		35		4,859
Kraft Heinz		70		2,984
Kroger		80		4,317
Lamb Weston Holdings		16		1,058
McCormick		23		2,313
Molson Coors Beverage, Cl B		16		866
Mondelez International, Cl A		154		9,930
Monster Beverage ^*		44		3,770
PepsiCo		148		25,413
Philip Morris International		167		16,700
Procter & Gamble		254		40,780
Sysco		56		4,787
Tyson Foods, Cl A		32		2,981
Walgreens Boots Alliance		80		3,392
Walmart		149		22,795
				255,816


Energy — 4.0%
APA		34		1,392
Baker Hughes, Cl A		86		2,668
Chevron		208		32,587
ConocoPhillips		144		13,755
Coterra Energy		92		2,649
Devon Energy		64		3,723
Diamondback Energy		16		2,020
EOG Resources		64		7,473
Exxon Mobil		455		38,789
Halliburton		96		3,419

The accompanying notes are an integral part of the financial statements.

279

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Hess		32	$	3,298
Kinder Morgan		210		3,811
Marathon Oil		82		2,043
Marathon Petroleum		64		5,585
Occidental Petroleum		96		5,289
ONEOK		48		3,040
Phillips 66		48		4,164
Pioneer Natural Resources		23		5,347
Schlumberger		146		5,695
Valero Energy		48		5,351
Williams		130		4,458
				156,556


Financials — 10.4%
Aflac		64		3,666
Allstate		32		4,049
American Express		66		11,531
American International Group		96		5,617
Ameriprise Financial		11		2,920
Aon, Cl A		22		6,336
Arthur J Gallagher		20		3,370
Assurant		4		728
Bank of America		752		26,831
Bank of New York Mellon		82		3,449
Berkshire Hathaway, Cl B ^*		197		63,598
BlackRock, Cl A		16		9,995
Brown & Brown		28		1,735
Capital One Financial		42		5,234
Cboe Global Markets		10		1,130
Charles Schwab		162		10,745
Chubb		48		9,910
Cincinnati Financial		16		1,963
Citigroup		208		10,028

The accompanying notes are an integral part of the financial statements.

280

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Citizens Financial Group		48	$	1,891
CME Group, Cl A		37		8,116
Comerica		16		1,310
Discover Financial Services		32		3,599
Everest Re Group		4		1,099
FactSet Research Systems		3		1,210
Fifth Third Bancorp		80		3,002
First Republic Bank		18		2,686
Franklin Resources		32		787
Globe Life		8		785
Goldman Sachs Group		36		10,998
Hartford Financial Services Group		32		2,238
Huntington Bancshares		160		2,104
Intercontinental Exchange		58		6,717
Invesco		32		588
JPMorgan Chase		314		37,479
KeyCorp		98		1,892
Lincoln National		16		962
Loews		16		1,005
M&T Bank		16		2,666
MarketAxess Holdings		3		791
Marsh & McLennan		52		8,408
MetLife		80		5,254
Moody’s		17		5,380
Morgan Stanley		148		11,927
MSCI, Cl A		8		3,370
Nasdaq		12		1,888
Northern Trust		20		2,061
PNC Financial Services Group		43		7,142
Principal Financial Group		32		2,181
Progressive		64		6,871
Prudential Financial		40		4,340

The accompanying notes are an integral part of the financial statements.

281

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Raymond James Financial		21	$	2,047
Regions Financial		98		2,031
S&P Global		37		13,930
Signature Bank NY		6		1,454
State Street		39		2,612
SVB Financial Group ^*		6		2,926
Synchrony Financial		64		2,356
T Rowe Price Group		25		3,076
Travelers		26		4,448
Truist Financial		144		6,962
US Bancorp		144		6,993
W R Berkley		24		1,596
Wells Fargo		409		17,845
Willis Towers Watson		13		2,793
Zions Bancorp		16		904
				405,555


Health Care — 13.5%
Abbott Laboratories		189		21,451
AbbVie		189		27,760
ABIOMED ^*		4		1,146
Agilent Technologies		32		3,817
Align Technology ^*		8		2,319
AmerisourceBergen, Cl A		16		2,421
Amgen		60		13,991
Anthem		27		13,552
Baxter International		55		3,908
Becton Dickinson		32		7,910
Biogen ^*		16		3,319
Bio-Rad Laboratories, Cl A ^*		2		1,024
Bio-Techne		3		1,139
Boston Scientific ^*		159		6,695
Bristol-Myers Squibb		228		17,162

The accompanying notes are an integral part of the financial statements.

282

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Cardinal Health		32	$	1,858
Catalent ^*		16		1,449
Centene ^*		64		5,155
Cerner		32		2,996
Charles River Laboratories International ^*		4		966
Cigna		36		8,884
Cooper		4		1,444
CVS Health		144		13,843
Danaher		69		17,328
DaVita ^*		5		542
DENTSPLY SIRONA		18		720
Dexcom ^*		11		4,494
Edwards Lifesciences ^*		68		7,193
Eli Lilly		84		24,539
Gilead Sciences		138		8,189
HCA Healthcare		24		5,149
Henry Schein ^*		16		1,298
Hologic ^*		32		2,304
Humana		13		5,779
IDEXX Laboratories ^*		10		4,305
Illumina ^*		16		4,746
Incyte ^*		16		1,199
Intuitive Surgical ^*		38		9,093
IQVIA Holdings ^*		19		4,142
Johnson & Johnson		280		50,529
Laboratory Corp of America Holdings		9		2,163
McKesson		16		4,954
Medtronic		141		14,715
Merck		269		23,858
Mettler-Toledo International ^*		3		3,833
Moderna ^*		37		4,973
Molina Healthcare ^*		5		1,567

The accompanying notes are an integral part of the financial statements.

283

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Organon		32	$	1,035
PerkinElmer		14		2,053
Pfizer		602		29,540
Quest Diagnostics		16		2,141
Regeneron Pharmaceuticals ^*		11		7,250
ResMed		16		3,200
STERIS		9		2,016
Stryker		35		8,444
Teleflex		4		1,142
Thermo Fisher Scientific		42		23,223
UnitedHealth Group		101		51,364
Universal Health Services, Cl B		7		858
Vertex Pharmaceuticals ^*		27		7,377
Viatris, Cl W ^*		128		1,322
Waters ^*		7		2,121
West Pharmaceutical Services		9		2,836
Zimmer Biomet Holdings		21		2,536
Zoetis, Cl A		51		9,040
				529,319


Industrials — 7.4%
3M		64		9,230
Alaska Air Group ^*		16		870
Allegion		12		1,371
American Airlines Group ^*		66		1,239
AMETEK		28		3,535
AO Smith		16		935
Boeing ^*		59		8,782
Carrier Global		97		3,712
Caterpillar		59		12,422
CH Robinson Worldwide		16		1,698
Cintas		9		3,575
Copart ^*		21		2,387

The accompanying notes are an integral part of the financial statements.

284

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
CSX		242	$	8,310
Cummins		16		3,027
Deere		29		10,949
Delta Air Lines ^*		64		2,754
Dover		16		2,133
Eaton		43		6,236
Emerson Electric		64		5,771
Equifax		13		2,646
Expeditors International of Washington		16		1,585
Fastenal		64		3,540
FedEx		25		4,968
Fortive		34		1,955
Fortune Brands Home & Security		16		1,140
Generac Holdings ^*		7		1,536
General Dynamics		23		5,440
General Electric		121		9,021
Honeywell International		75		14,513
Howmet Aerospace		48		1,638
Huntington Ingalls Industries		4		851
IDEX		7		1,329
Illinois Tool Works		32		6,308
Ingersoll Rand		48		2,110
Jacobs Engineering Group		16		2,217
JB Hunt Transport Services		8		1,367
Johnson Controls International		80		4,790
L3Harris Technologies		20		4,645
Leidos Holdings		16		1,656
Lockheed Martin		25		10,803
Masco		32		1,686
Nielsen Holdings		34		912
Nordson		5		1,078
Norfolk Southern		24		6,189

The accompanying notes are an integral part of the financial statements.

285

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Northrop Grumman		16	$	7,030
Old Dominion Freight Line		9		2,521
Otis Worldwide		48		3,496
PACCAR		32		2,658
Parker-Hannifin		13		3,521
Pentair		16		812
Quanta Services		16		1,856
Raytheon Technologies		158		14,996
Republic Services, Cl A		21		2,820
Robert Half International		16		1,573
Rockwell Automation		14		3,537
Rollins		22		738
Snap-On		5		1,062
Southwest Airlines ^*		64		2,990
Stanley Black & Decker		16		1,922
Textron		18		1,246
Trane Technologies		23		3,217
TransDigm Group ^*		6		3,569
Union Pacific		68		15,932
United Airlines Holdings ^*		32		1,616
United Parcel Service, Cl B		79		14,218
United Rentals ^*		9		2,849
Verisk Analytics, Cl A		16		3,265
Waste Management		39		6,413
Westinghouse Air Brake Technologies		16		1,439
WW Grainger		4		2,000
Xylem		16		1,288
				291,443


Information Technology — 25.9%
Accenture, Cl A		67		20,124
Adobe ^*		50		19,798
Advanced Micro Devices ^*		177		15,137

The accompanying notes are an integral part of the financial statements.

286

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Akamai Technologies ^*		16	$	1,796
Amphenol, Cl A		64		4,576
Analog Devices		58		8,954
ANSYS ^*		10		2,757
Apple		1,663		262,172
Applied Materials		95		10,483
Arista Networks ^*		22		2,543
Autodesk ^*		24		4,543
Automatic Data Processing		45		9,818
Broadcom		45		24,948
Broadridge Financial Solutions		12		1,730
Cadence Design Systems ^*		32		4,827
CDW		16		2,611
Ceridian HCM Holding ^*		15		842
Cisco Systems		453		22,188
Citrix Systems ^*		16		1,602
Cognizant Technology Solutions, Cl A		61		4,935
Corning		80		2,815
DXC Technology ^*		32		918
Enphase Energy ^*		16		2,582
EPAM Systems ^*		5		1,325
F5 ^*		7		1,172
Fidelity National Information Services		67		6,643
Fiserv ^*		64		6,267
FleetCor Technologies ^*		7		1,747
Fortinet ^*		16		4,624
Gartner ^*		8		2,324
Global Payments		32		4,383
Hewlett Packard Enterprise		144		2,219
HP		128		4,689
Intel		436		19,005
International Business Machines		96		12,692

The accompanying notes are an integral part of the financial statements.

287

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Intuit		30	$	12,563
IPG Photonics ^*		4		378
Jack Henry & Associates		6		1,137
Juniper Networks		32		1,009
Keysight Technologies ^*		19		2,665
KLA		16		5,108
Lam Research		15		6,986
Mastercard, Cl A		93		33,794
Microchip Technology		64		4,173
Micron Technology		116		7,910
Microsoft		804		223,126
Monolithic Power Systems		4		1,569
Motorola Solutions		18		3,846
NetApp		27		1,978
NortonLifeLock		64		1,603
NVIDIA		266		49,335
Oracle		174		12,772
Paychex		32		4,055
Paycom Software ^*		4		1,126
PayPal Holdings ^*		126		11,079
PTC ^*		10		1,142
Qorvo ^*		11		1,252
QUALCOMM		123		17,182
Roper Technologies		11		5,169
Salesforce ^*		106		18,650
Seagate Technology Holdings		22		1,805
ServiceNow ^*		22		10,518
Skyworks Solutions		16		1,813
SolarEdge Technologies ^*		5		1,252
Synopsys ^*		16		4,589
Teledyne Technologies ^*		4		1,726
Teradyne		16		1,687

The accompanying notes are an integral part of the financial statements.

288

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Texas Instruments		101	$	17,195
Trimble ^*		32		2,134
Tyler Technologies ^*		4		1,579
VeriSign ^*		9		1,608
Visa, Cl A		176		37,511
Western Digital ^*		32		1,698
Zebra Technologies, Cl A ^*		5		1,848
				1,016,359


Materials — 2.3%
Air Products & Chemicals		22		5,149
Albemarle		14		2,700
Amcor		162		1,921
Avery Dennison		7		1,264
Ball		32		2,597
Celanese, Cl A		11		1,616
CF Industries Holdings		24		2,324
Corteva		80		4,615
Dow		80		5,320
DuPont de Nemours		60		3,956
Eastman Chemical		16		1,643
Ecolab		29		4,911
FMC		16		2,121
Freeport-McMoRan		160		6,488
International Flavors & Fragrances		26		3,154
International Paper		48		2,221
LyondellBasell Industries, Cl A		32		3,393
Martin Marietta Materials		6		2,125
Mosaic		36		2,247
Newmont		82		5,974
Nucor		32		4,953
Packaging Corp of America		13		2,095
PPG Industries		23		2,944

The accompanying notes are an integral part of the financial statements.

289

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Sealed Air		16	$	1,027
Sherwin-Williams		25		6,874
Vulcan Materials		16		2,757
Westrock		32		1,585
				87,974


Real Estate — 2.8%
Alexandria Real Estate Equities ^‡		16		2,915
American Tower, Cl A ^‡		50		12,051
AvalonBay Communities ^‡		16		3,640
Boston Properties ^‡		16		1,882
Camden Property Trust ^‡		11		1,726
CBRE Group, Cl A ^*		32		2,657
Crown Castle International ^‡		48		8,890
Digital Realty Trust ^‡		32		4,676
Duke Realty ^‡		38		2,080
Equinix ^‡		10		7,191
Equity Residential ^‡		32		2,608
Essex Property Trust ^‡		6		1,976
Extra Space Storage ^‡		16		3,040
Federal Realty Investment Trust ^‡		5		585
Healthpeak Properties ^‡		64		2,100
Host Hotels & Resorts ^‡		80		1,628
Iron Mountain ^‡		32		1,719
Kimco Realty ^‡		64		1,621
Mid-America Apartment Communities ^‡		12		2,360
ProLogis ^‡		80		12,823
Public Storage ^‡		16		5,944
Realty Income ^‡		62		4,300
Regency Centers ^‡		16		1,101
SBA Communications, Cl A ^‡		12		4,165
Simon Property Group ^‡		35		4,130
UDR ^‡		32		1,703

The accompanying notes are an integral part of the financial statements.

290

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Ventas ^‡		38	$	2,111
Vornado Realty Trust ^‡		16		619
Welltower ^‡		48		4,359
Weyerhaeuser ^‡		80		3,298
				109,898


Utilities — 2.8%
AES		70		1,429
Alliant Energy		32		1,882
Ameren		32		2,973
American Electric Power		55		5,451
American Water Works		19		2,927
Atmos Energy		16		1,814
CenterPoint Energy		64		1,959
CMS Energy		32		2,198
Consolidated Edison		39		3,617
Constellation Energy		35		2,072
Dominion Energy		88		7,184
DTE Energy		19		2,490
Duke Energy		84		9,253
Edison International		38		2,614
Entergy		20		2,377
Evergy		32		2,171
Eversource Energy		32		2,797
Exelon		110		5,146
FirstEnergy		64		2,772
NextEra Energy		208		14,772
NiSource		48		1,398
NRG Energy		32		1,149
Pinnacle West Capital		16		1,139
PPL		80		2,265
Public Service Enterprise Group		50		3,483
Sempra Energy		32		5,164

The accompanying notes are an integral part of the financial statements.

291

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Utilities — continued
Southern		112		$	8,220
WEC Energy Group		32			3,202
Xcel Energy		64			4,689
					108,607


TOTAL UNITED STATES					3,712,107
TOTAL COMMON STOCK
(Cost $4,021,222)					3,738,105
TOTAL INVESTMENTS — 95.4%
(Cost $4,021,222)				$	3,738,105

				Value
PURCHASED OPTIONS— 4.4%⁽¹⁾
UNITED STATES— 4.4%
(Cost $106,455)		18		$	174,220
TOTAL PURCHASED OPTIONS
WRITTEN OPTIONS— (0.0)%⁽¹⁾
UNITED STATES— (0.0)%
(Premiums Received $(17,053))		(18	)	$	(730	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $3,919,750.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 4.4%
Put Options
Mini-SPX Index^*		10	$	420,000	$	420.00	06/17/22	$	19,620
S&P 500 Index^*		8		3,356,000		4,195.00	06/17/22		154,600
Total Purchased Options			$	3,776,000				$	174,220

The accompanying notes are an integral part of the financial statements.

292

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X S&P 500^® Collar 95-110 ETF

Description	Number of Contracts			Notional Amount				Exercise Price			Expiration Date	Value
WRITTEN OPTIONS — 0.0%
Call Options
Mini-SPX Index^*		(10	)		$	(485,000	)		$	485.00	06/17/22		$	(90	)
S&P 500 Index^*		(8	)			(3,888,000	)			4,860.00	06/17/22			(640	)
Total Written Options					$	(4,373,000	)						$	(730	)

Cl — Class

S&P — Standard & Poor’s

*	Non-income producing security.
‡	Real Estate Investment Trust
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions and purchased options contracts. The aggregate market value of collateral at April 30, 2022 was $3,738,105.

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	3,738,105	$	—	$	—	$	3,738,105
Total Investments in Securities	$	3,738,105	$	—	$	—	$	3,738,105

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Purchased Options	$	174,220		$	–	$	–	$	174,220
Written Options		(730	)		–		–		(730	)
Total Other Financial Instruments	$	173,490		$	–	$	–	$	173,490

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

293

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — 95.8%^(A)
BRAZIL — 0.4%
Consumer Discretionary — 0.4%
MercadoLibre ^*		8	$	7,789


CHINA — 1.2%
Communication Services — 0.4%
Baidu ADR ^*		40		4,967
NetEase ADR		37		3,527
				8,494


Consumer Discretionary — 0.4%
JD.com ADR ^*		95		5,858
Pinduoduo ADR ^*		70		3,016
				8,874


Information Technology — 0.4%
NXP Semiconductors		43		7,349


TOTAL CHINA				24,717
NETHERLANDS — 0.4%
Information Technology — 0.4%
ASML Holding, Cl G		14		7,893

The accompanying notes are an integral part of the financial statements.

294

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Health Care — 0.3%
AstraZeneca ADR		98	$	6,507


UNITED STATES — 93.5%
Communication Services — 15.3%
Activision Blizzard		130		9,828
Alphabet, Cl A ^*		30		68,466
Alphabet, Cl C ^*		32		73,579
Charter Communications, Cl A ^*		29		12,426
Comcast, Cl A		748		29,740
Electronic Arts		44		5,194
Match Group ^*		46		3,641
Meta Platforms, Cl A ^*		348		69,764
Netflix ^*		73		13,896
Sirius XM Holdings		639		3,834
T-Mobile US ^*		206		25,367
				315,735


Consumer Discretionary — 14.6%
Airbnb, Cl A ^*		61		9,346
Amazon.com ^*		51		126,767
Booking Holdings ^*		7		15,472
Dollar Tree ^*		37		6,011
eBay		99		5,140
Lucid Group ^*		281		5,080
Lululemon Athletica ^*		21		7,447
Marriott International, Cl A		54		9,586
O’Reilly Automotive ^*		11		6,672
Ross Stores		60		5,986
Starbucks		190		14,182
Tesla ^*		104		90,559
				302,248

The accompanying notes are an integral part of the financial statements.

295

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — 6.1%
Costco Wholesale		74	$	39,347
Keurig Dr Pepper		240		8,976
Kraft Heinz		201		8,569
Mondelez International, Cl A		229		14,766
Monster Beverage ^*		90		7,711
PepsiCo		231		39,665
Walgreens Boots Alliance		140		5,936
				124,970


Health Care — 5.5%
Align Technology ^*		13		3,769
Amgen		92		21,454
Biogen ^*		24		4,979
Dexcom ^*		16		6,537
Gilead Sciences		210		12,461
IDEXX Laboratories ^*		14		6,027
Illumina ^*		26		7,713
Intuitive Surgical ^*		60		14,358
Moderna ^*		68		9,140
Regeneron Pharmaceuticals ^*		18		11,864
Seagen ^*		30		3,930
Vertex Pharmaceuticals ^*		43		11,748
				113,980


Industrials — 3.3%
Cintas		17		6,754
Copart ^*		40		4,546
CSX		366		12,569
Fastenal		100		5,531
Honeywell International		114		22,060
Old Dominion Freight Line		20		5,602
PACCAR		60		4,983
Verisk Analytics, Cl A		27		5,509
				67,554

The accompanying notes are an integral part of the financial statements.

296

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 47.5%
Adobe ^*		78	$	30,884
Advanced Micro Devices ^*		270		23,090
Analog Devices		86		13,277
ANSYS ^*		14		3,860
Apple		1,639		258,388
Applied Materials		146		16,111
Atlassian, Cl A ^*		24		5,396
Autodesk ^*		37		7,003
Automatic Data Processing		69		15,054
Broadcom		68		37,699
Cadence Design Systems ^*		46		6,939
Cisco Systems		693		33,943
Cognizant Technology Solutions, Cl A		90		7,281
Crowdstrike Holdings, Cl A ^*		35		6,957
Datadog, Cl A ^*		44		5,314
DocuSign, Cl A ^*		33		2,673
Fiserv ^*		110		10,771
Fortinet ^*		26		7,514
Intel		680		29,641
Intuit		47		19,681
KLA		25		7,982
Lam Research		23		10,712
Marvell Technology		140		8,131
Microchip Technology		95		6,194
Micron Technology		182		12,411
Microsoft		753		208,973
NVIDIA		354		65,656
Okta, Cl A ^*		26		3,102
Palo Alto Networks ^*		16		8,980
Paychex		60		7,604
PayPal Holdings ^*		192		16,883
QUALCOMM		188		26,262

The accompanying notes are an integral part of the financial statements.

297

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

	Shares/Number of Contracts		Value
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions		25	$	2,833
Splunk ^*		27		3,295
Synopsys ^*		25		7,170
Texas Instruments		153		26,048
VeriSign ^*		17		3,038
Workday, Cl A ^*		32		6,614
Zoom Video Communications, Cl A ^*		40		3,983
Zscaler ^*		23		4,663
				982,010


Utilities — 1.2%
American Electric Power		83		8,226
Constellation Energy		56		3,316
Exelon		159		7,438
Xcel Energy		90		6,593
				25,573


TOTAL UNITED STATES				1,932,070
TOTAL COMMON STOCK
(Cost $2,424,642)				1,978,976
TOTAL INVESTMENTS — 95.8%
(Cost $2,424,642)			$	1,978,976

			Value
PURCHASED OPTIONS— 4.1%⁽¹⁾
UNITED STATES— 4.1%
(Cost $42,600)		3	$	84,550
TOTAL PURCHASED OPTIONS

Percentages are based on Net Assets of $2,065,934.

The accompanying notes are an integral part of the financial statements.

298

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Tail Risk ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 4.1%
Put Options
Nasdaq-100 Index^*		1	$	1,272,500	$	12,725.00	06/17/22	$	60,590
Nasdaq-100^® Reduced-Value Index^*		2		508,000		2,540.00	06/17/22		23,960
Total Purchased Options			$	1,780,500				$	84,550

ADR — American Depositary Receipt

Cl — Class

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for purchasedoptions contracts. The aggregate market value of collateral at April 30, 2022 was$1,978,976.

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	1,978,976	$	—	$	—	$	1,978,976
Total Investments in Securities	$	1,978,976	$	—	$	—	$	1,978,976

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Purchased Options	$	84,550	$	–	$	–	$	84,550
Total Other Financial Instruments	$	84,550	$	–	$	–	$	84,550

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

299

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — 94.1%^(A)
BRAZIL — 0.4%
Consumer Discretionary — 0.4%
MercadoLibre ^*		49	$	47,708


CHINA — 1.2%
Communication Services — 0.4%
Baidu ADR ^*		236		29,304
NetEase ADR		223		21,259
				50,563


Consumer Discretionary — 0.5%
JD.com ADR ^*		611		37,674
Pinduoduo ADR ^*		430		18,529
				56,203


Information Technology — 0.3%
NXP Semiconductors		255		43,579


TOTAL CHINA				150,345
NETHERLANDS — 0.4%
Information Technology — 0.4%
ASML Holding, Cl G		83		46,793

The accompanying notes are an integral part of the financial statements.

300

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Health Care — 0.3%
AstraZeneca ADR		546	$	36,254


UNITED STATES — 91.8%
Communication Services — 15.0%
Activision Blizzard		778		58,817
Alphabet, Cl A ^*		179		408,512
Alphabet, Cl C ^*		188		432,274
Charter Communications, Cl A ^*		173		74,129
Comcast, Cl A		4,477		178,005
Electronic Arts		276		32,582
Match Group ^*		271		21,450
Meta Platforms, Cl A ^*		2,054		411,765
Netflix ^*		443		84,329
Sirius XM Holdings		3,748		22,488
T-Mobile US ^*		1,234		151,955
				1,876,306


Consumer Discretionary — 14.3%
Airbnb, Cl A ^*		360		55,156
Amazon.com ^*		303		753,146
Booking Holdings ^*		40		88,412
Dollar Tree ^*		220		35,739
eBay		596		30,944
Lucid Group ^*		1,640		29,651
Lululemon Athletica ^*		120		42,556
Marriott International, Cl A		325		57,694
O’Reilly Automotive ^*		67		40,639
Ross Stores		340		33,922
Starbucks		1,122		83,746
Tesla ^*		616		536,388
				1,787,993

The accompanying notes are an integral part of the financial statements.

301

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — 5.9%
Costco Wholesale		437	$	232,362
Keurig Dr Pepper		1,379		51,575
Kraft Heinz		1,228		52,350
Mondelez International, Cl A		1,386		89,369
Monster Beverage ^*		522		44,725
PepsiCo		1,361		233,697
Walgreens Boots Alliance		830		35,192
				739,270


Health Care — 5.4%
Align Technology ^*		80		23,193
Amgen		550		128,254
Biogen ^*		147		30,493
Dexcom ^*		96		39,224
Gilead Sciences		1,246		73,937
IDEXX Laboratories ^*		81		34,869
Illumina ^*		155		45,981
Intuitive Surgical ^*		356		85,191
Moderna ^*		400		53,764
Regeneron Pharmaceuticals ^*		107		70,525
Seagen ^*		174		22,796
Vertex Pharmaceuticals ^*		250		68,305
				676,532


Industrials — 3.2%
Cintas		102		40,520
Copart ^*		231		26,253
CSX		2,181		74,896
Fastenal		569		31,471
Honeywell International		684		132,361
Old Dominion Freight Line		110		30,813
PACCAR		331		27,490
Verisk Analytics, Cl A		159		32,444
				396,248

The accompanying notes are an integral part of the financial statements.

302

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 46.8%
Adobe ^*		467	$	184,909
Advanced Micro Devices ^*		1,607		137,431
Analog Devices		520		80,278
ANSYS ^*		90		24,812
Apple		9,721		1,532,516
Applied Materials		874		96,446
Atlassian, Cl A ^*		135		30,352
Autodesk ^*		216		40,884
Automatic Data Processing		418		91,199
Broadcom		407		225,637
Cadence Design Systems ^*		279		42,087
Cisco Systems		4,083		199,985
Cognizant Technology Solutions, Cl A		517		41,825
Crowdstrike Holdings, Cl A ^*		207		41,143
Datadog, Cl A ^*		263		31,765
DocuSign, Cl A ^*		186		15,066
Fiserv ^*		638		62,473
Fortinet ^*		161		46,531
Intel		3,999		174,316
Intuit		281		117,669
KLA		153		48,847
Lam Research		140		65,206
Marvell Technology		856		49,716
Microchip Technology		536		34,947
Micron Technology		1,097		74,804
Microsoft		4,465		1,239,127
NVIDIA		2,092		388,003
Okta, Cl A ^*		141		16,823
Palo Alto Networks ^*		97		54,444
Paychex		350		44,356
PayPal Holdings ^*		1,160		101,999
QUALCOMM		1,105		154,357

The accompanying notes are an integral part of the financial statements.

303

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Shares/Number of Contracts		Value
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions		169	$	19,148
Splunk ^*		149		18,181
Synopsys ^*		147		42,158
Texas Instruments		914		155,609
VeriSign ^*		113		20,192
Workday, Cl A ^*		195		40,307
Zoom Video Communications, Cl A ^*		231		23,001
Zscaler ^*		135		27,370
				5,835,919


Utilities — 1.2%
American Electric Power		502		49,753
Constellation Energy		332		19,658
Exelon		952		44,534
Xcel Energy		526		38,535
				152,480


TOTAL UNITED STATES				11,464,748
TOTAL COMMON STOCK
(Cost $14,567,429)				11,745,848
TOTAL INVESTMENTS — 94.1%
(Cost $14,567,429)			$	11,745,848

			Value
PURCHASED OPTIONS— 6.1%⁽¹⁾
UNITED STATES— 6.1%
(Cost $262,240)		14	$	755,820
TOTAL PURCHASED OPTIONS

The accompanying notes are an integral part of the financial statements.

304

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

	Number of Contracts			Value
WRITTEN OPTIONS— (0.2)%⁽¹⁾
UNITED STATES— (0.2)%
(Premiums Received $(288,606))		(14	)	$	(29,660	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $12,484,829.

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 6.0%
Put Options
Nasdaq-100 Index^*		8		$	10,800,000		$	13,500.00	05/20/22	$	657,000
Nasdaq-100^® Reduced-Value Index^*		6			1,620,000			2,700.00	05/20/22		98,820
Total Purchased Options				$	12,420,000					$	755,820

WRITTEN OPTIONS — (0.2)%
Call Options
Nasdaq-100 Index^*		(8	)	$	(11,380,000	)		14,225.00	05/20/22	$	(25,280	)
Nasdaq-100^® Reduced-Value Index^*		(6	)		(1,707,000	)		2,845.00	05/20/22		(4,380	)
Total Written Options				$	(13,087,000	)				$	(29,660	)

ADR — American Depositary Receipt

Cl — Class

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions and purchase options contracts. The aggregate market value of collateral at April 30, 2022 was $11,745,848.

The accompanying notes are an integral part of the financial statements.

305

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Risk Managed Income ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	11,745,848	$	—	$	—	$	11,745,848
Total Investments in Securities	$	11,745,848	$	—	$	—	$	11,745,848

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Purchased Options	$	755,820		$	–	$	–	$	755,820
Written Options		(29,660	)		–		–		(29,660	)
Total Other Financial Instruments	$	726,160		$	–	$	–	$	726,160

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

306

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — 93.1%^(A)
BRAZIL — 0.4%
Consumer Discretionary — 0.4%
MercadoLibre ^*		16	$	15,578


CHINA — 1.2%
Communication Services — 0.4%
Baidu ADR ^*		75		9,313
NetEase ADR		67		6,387
				15,700


Consumer Discretionary — 0.4%
JD.com ADR ^*		190		11,715
Pinduoduo ADR ^*		140		6,033
				17,748


Information Technology — 0.4%
NXP Semiconductors		84		14,356


TOTAL CHINA				47,804
NETHERLANDS — 0.3%
Information Technology — 0.3%
ASML Holding, Cl G		25		14,094

The accompanying notes are an integral part of the financial statements.

307

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Health Care — 0.3%
AstraZeneca ADR		181	$	12,018


UNITED STATES — 90.9%
Communication Services — 14.9%
Activision Blizzard		248		18,749
Alphabet, Cl A ^*		57		130,085
Alphabet, Cl C ^*		60		137,960
Charter Communications, Cl A ^*		55		23,567
Comcast, Cl A		1,436		57,095
Electronic Arts		89		10,507
Match Group ^*		87		6,886
Meta Platforms, Cl A ^*		662		132,711
Netflix ^*		141		26,841
Sirius XM Holdings		1,249		7,494
T-Mobile US ^*		396		48,763
				600,658


Consumer Discretionary — 14.2%
Airbnb, Cl A ^*		119		18,232
Amazon.com ^*		97		241,106
Booking Holdings ^*		14		30,944
Dollar Tree ^*		71		11,534
eBay		183		9,501
Lucid Group ^*		524		9,474
Lululemon Athletica ^*		39		13,831
Marriott International, Cl A		104		18,462
O’Reilly Automotive ^*		21		12,738
Ross Stores		108		10,775
Starbucks		364		27,169
Tesla ^*		198		172,410
				576,176

The accompanying notes are an integral part of the financial statements.

308

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — 5.9%
Costco Wholesale		141	$	74,973
Keurig Dr Pepper		450		16,830
Kraft Heinz		380		16,199
Mondelez International, Cl A		439		28,307
Monster Beverage ^*		162		13,880
PepsiCo		438		75,209
Walgreens Boots Alliance		270		11,448
				236,846


Health Care — 5.3%
Align Technology ^*		24		6,958
Amgen		177		41,275
Biogen ^*		46		9,542
Dexcom ^*		31		12,666
Gilead Sciences		397		23,558
IDEXX Laboratories ^*		26		11,192
Illumina ^*		50		14,832
Intuitive Surgical ^*		113		27,041
Moderna ^*		128		17,204
Regeneron Pharmaceuticals ^*		34		22,410
Seagen ^*		58		7,599
Vertex Pharmaceuticals ^*		80		21,858
				216,135


Industrials — 3.1%
Cintas		33		13,110
Copart ^*		72		8,183
CSX		696		23,901
Fastenal		180		9,956
Honeywell International		217		41,992
Old Dominion Freight Line		36		10,084
PACCAR		108		8,969
Verisk Analytics, Cl A		51		10,406
				126,601

The accompanying notes are an integral part of the financial statements.

309

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 46.3%
Adobe ^*		149	$	58,997
Advanced Micro Devices ^*		517		44,214
Analog Devices		163		25,164
ANSYS ^*		29		7,995
Apple		3,121		492,026
Applied Materials		281		31,008
Atlassian, Cl A ^*		44		9,892
Autodesk ^*		69		13,060
Automatic Data Processing		132		28,800
Broadcom		130		72,071
Cadence Design Systems ^*		87		13,124
Cisco Systems		1,318		64,556
Cognizant Technology Solutions, Cl A		162		13,106
Crowdstrike Holdings, Cl A ^*		67		13,317
Datadog, Cl A ^*		84		10,145
DocuSign, Cl A ^*		57		4,617
Fiserv ^*		208		20,367
Fortinet ^*		51		14,739
Intel		1,293		56,362
Intuit		90		37,687
KLA		48		15,324
Lam Research		43		20,028
Marvell Technology		268		15,565
Microchip Technology		177		11,540
Micron Technology		356		24,276
Microsoft		1,435		398,241
NVIDIA		672		124,636
Okta, Cl A ^*		48		5,727
Palo Alto Networks ^*		32		17,961
Paychex		114		14,447
PayPal Holdings ^*		371		32,622
QUALCOMM		358		50,009
Skyworks Solutions		52		5,892

The accompanying notes are an integral part of the financial statements.

310

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

	Shares/Number of Contracts			Value
COMMON STOCK — continued
Information Technology — continued
Splunk ^*		47		$	5,735
Synopsys ^*		49			14,053
Texas Instruments		292			49,713
VeriSign ^*		35			6,254
Workday, Cl A ^*		61			12,609
Zoom Video Communications, Cl A ^*		72			7,169
Zscaler ^*		43			8,718
					1,871,766


Utilities — 1.2%
American Electric Power		160			15,858
Constellation Energy		101			5,980
Exelon		303			14,174
Xcel Energy		173			12,674
					48,686


TOTAL UNITED STATES					3,676,868
TOTAL COMMON STOCK
(Cost $4,467,183)					3,766,362
TOTAL INVESTMENTS — 93.1%
(Cost $4,467,183)				$	3,766,362

				Value
PURCHASED OPTIONS— 6.4^%(1)
UNITED STATES— 6.4%
(Cost $130,540)		10		$	259,480
TOTAL PURCHASED OPTIONS
WRITTEN OPTIONS— (0.1)^%(1)
UNITED STATES— (0.1)%
(Premiums Received $(54,880))		(10	)	$	(4,310	)
TOTAL WRITTEN OPTIONS

Percentages are based on Net Assets of $4,044,034.

The accompanying notes are an integral part of the financial statements.

311

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2022, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 6.4%
Put Options
Nasdaq-100 Index^*		1		$	1,342,500		$	13,425.00	06/17/22	$	93,430
Nasdaq-100^® Reduced-Value Index^*		9			2,412,000			2,680.00	06/17/22		166,050
Total Purchased Options				$	3,754,500					$	259,480

WRITTEN OPTIONS — (0.1)%
Call Options
Nasdaq-100 Index^*		(1	)	$	(1,552,500	)		15,525.00	06/17/22	$	(1,520	)
Nasdaq-100^® Reduced-Value Index^*		(9	)		(2,794,500	)		3,105.00	06/17/22		(2,790	)
Total Written Options				$	(4,347,000	)				$	(4,310	)

ADR — American Depositary Receipt

Cl — Class

*	Non-income producing security.
(1)	Refer to table below for details on Options Contracts.
(A)	All or a portion of these securities has been segregated as collateral for writtenoptions and purchased options contracts. The aggregate market value of collateral at April 30, 2022 was $3,766,362.

The accompanying notes are an integral part of the financial statements.

312

Schedule of Investments		April 30, 2022 (Unaudited)
	Global X NASDAQ 100^® Collar 95-110 ETF

The following is a summary of the level of inputs used as of April 30, 2022, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	3,766,362	$	—	$	—	$	3,766,362
Total Investments in Securities	$	3,766,362	$	—	$	—	$	3,766,362

Other Financial Instruments	Level 1			Level 2		Level 3		Total
Purchased Options	$	259,480		$	–	$	–	$	259,480
Written Options		(4,310	)		–		–		(4,310	)
Total Other Financial Instruments	$	255,170		$	–	$	–	$	255,170

Amounts designated as “—“ are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

313

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X Social Media ETF			Global X Lithium & Battery Tech ETF			Global X Disruptive Materials ETF			Global X E-commerce ETF
Assets:
Cost of Investments	$	327,746,965		$	4,186,427,251		$	5,562,067		$	155,053,411
Cost of Repurchase Agreement		1,849,932			73,687,127			—			1,099,688
Cost of Foreign Currency		1			14,740			207			—
Investments, at Value	$	218,567,073	*	$	4,356,426,176	*	$	4,964,789		$	83,265,975	*
Repurchase Agreement, at Value		1,849,932			73,687,127			—			1,099,688
Cash		61,642			—			—			73,190
Foreign Currency, at Value		1			13,860			199			—
Receivable for Investment Securities Sold		23,063,146			25,556			—			—
Dividend, Interest, and Securities Lending Income Receivable		27,597			5,724,938			20,610			28,233
Reclaim Receivable		5,416			—			1,735			—
Total Assets		243,574,807			4,435,877,657			4,987,333			84,467,086
Liabilities:
Obligation to Return Securities Lending Collateral		4,429,884			175,164,597			—			2,633,333
Payable for Investment Securities Purchased		21,915,031			—			—			—
Payable due to Investment Adviser		123,120			2,862,620			2,659			43,132
Unrealized Depreciation on Spot Contracts		15,131			84			—			—
Cash Overdraft		—			385,784			7,901			—
Total Liabilities		26,483,166			178,413,085			10,560			2,676,465
Net Assets	$	217,091,641		$	4,257,464,572		$	4,976,773		$	81,790,621
Net Assets Consist of:
Paid-in Capital	$	389,205,455		$	4,197,928,836		$	5,491,896		$	162,247,368
Total Distributable Earnings/(Loss)		(172,113,814	)		59,535,736			(515,123	)		(80,456,747	)
Net Assets	$	217,091,641		$	4,257,464,572		$	4,976,773		$	81,790,621
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		5,660,000			64,074,628			220,000			4,190,002
Net Asset Value, Offering and Redemption Price Per Share	$	38.36		$	66.45		$	22.62		$	19.52
*Includes Market Value of Securities on Loan	$	4,637,347		$	166,654,568		$	—		$	2,053,386

The accompanying notes are an integral part of the financial statements.

314

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X Emerging Markets Internet & E-commerce ETF			Global X SuperDividend^® ETF			Global X SuperDividend^® U.S. ETF			Global X MSCI SuperDividend^® EAFE ETF
Assets:
Cost of Investments	$	5,010,288		$	985,865,526		$	655,090,178		$	11,268,916
Cost of Repurchase Agreement		—			29,481,944			9,420,766			—
Cost of Foreign Currency		875			3,118,687			—			35,985
Investments, at Value	$	2,623,583		$	860,670,119	*	$	706,296,431	*	$	11,113,003
Repurchase Agreement, at Value		—			29,481,944			9,420,766			—
Cash		3,934			—			—			—
Foreign Currency, at Value		879			3,128,481			—			36,080
Dividend, Interest, and Securities Lending Income Receivable		138			2,771,699			2,777,777			88,505
Reclaim Receivable		24			360,261			8,115			47,157
Receivable for Capital Shares Sold		—			—			1,040,068			—
Total Assets		2,628,558			896,412,504			719,543,157			11,284,745
Liabilities:
Obligation to Return Securities Lending Collateral		—			70,598,060			22,559,157			—
Payable due to Investment Adviser		1,429			418,939			266,732			5,393
Payable for Investment Securities Purchased		—			488,254			1,038,686			—
Unrealized Depreciation on Spot Contracts		—			2,525			—			93
Cash Overdraft		—			3,648,445			573,545			85,242
Total Liabilities		1,429			75,156,223			24,438,120			90,728
Net Assets	$	2,627,129		$	821,256,281		$	695,105,037		$	11,194,017
Net Assets Consist of:
Paid-in Capital	$	6,070,142		$	1,545,672,897		$	786,226,062		$	12,626,990
Total Distributable Loss		(3,443,013	)		(724,416,616	)		(91,121,025	)		(1,432,973	)
Net Assets	$	2,627,129		$	821,256,281		$	695,105,037		$	11,194,017
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		360,000			77,070,000			34,310,000			750,000
Net Asset Value, Offering and Redemption Price Per Share	$	7.30		$	10.66		$	20.26		$	14.93
*Includes Market Value of Securities on Loan	$	—		$	63,986,441		$	21,051,368		$	—

The accompanying notes are an integral part of the financial statements.

315

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X MSCI SuperDividend^® Emerging Markets ETF			Global X SuperDividend^® REIT ETF			Global X NASDAQ 100^® Covered Call ETF			Global X S&P 500^® Covered Call ETF
Assets:
Cost of Investments	$	78,209,437		$	385,555,970		$	6,928,281,396		$	1,593,418,648
Cost of Repurchase Agreement		—			6,101,856			—			—
Cost of Foreign Currency		41,705			97,452			—			—
Investments, at Value	$	72,862,405		$	371,591,999	*	$	6,909,221,082		$	1,532,908,241
Repurchase Agreement, at Value		—			6,101,856			—			—
Cash		—			324,320			16,601,918			638,713
Foreign Currency, at Value		46,783			96,013			—			—
Dividend, Interest, and Securities Lending Income Receivable		393,960			1,549,459			532,755			967,491
Reclaim Receivable		29,299			—			—			21,813
Receivable for Capital Shares Sold		—			—			—			4,655,075
Receivable for Investment Securities Sold		—			13,493,628			—			10,517
Total Assets		73,332,447			393,157,275			6,926,355,755			1,539,201,850
Liabilities:
Obligation to Return Securities Lending Collateral		—			14,611,627			—			—
Accrued Foreign Capital Gains Tax on Appreciated Securities		95,464			—			—			—
Payable due to Investment Adviser		41,191			184,662			3,486,726			712,138
Payable for Investment Securities Purchased		—			12,841,413			—			4,701,695
Options Written at Value (Premiums received $–, $–, $216,847,049 and $32,844,397, respectively)		—			—			27,058,090			3,690,455
Unrealized Depreciation on Spot Contracts		—			737			—			—
Cash Overdraft		64,933			—			—			—
Total Liabilities		201,588			27,638,439			30,544,816			9,104,288
Net Assets	$	73,130,859		$	365,518,836		$	6,895,810,939		$	1,530,097,562
Net Assets Consist of:
Paid-in Capital	$	93,890,348		$	603,334,034		$	7,813,993,264		$	1,629,740,762
Total Distributable Loss		(20,759,489	)		(237,815,198	)		(918,182,325	)		(99,643,200	)
Net Assets	$	73,130,859		$	365,518,836		$	6,895,810,939		$	1,530,097,562
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		7,670,000			41,830,000			357,580,000			32,870,000
Net Asset Value, Offering and Redemption Price Per Share	$	9.53		$	8.74		$	19.28		$	46.55
*Includes Market Value of Securities on Loan	$	—		$	13,936,119		$	—		$	—

The accompanying notes are an integral part of the financial statements.

316

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X Russell 2000 Covered Call ETF			Global X Dow 30^® Covered Call ETF			Global X Nasdaq 100^® Covered Call & Growth ETF			Global X S&P 500^® Covered Call & Growth ETF
Assets:
Cost of Investments	$	1,347,753,022		$	12,154,435		$	70,136,815		$	38,494,497
Investments, at Value	$	1,284,248,824		$	11,758,343		$	60,202,077		$	35,301,724
Cash		2,446,021			8,006			87,536			43,525
Receivable for Capital Shares Sold		2,210,708			730,270			—			1,413,222
Dividend, Interest, and Securities Lending Income Receivable		56,587			5,815			4,634			25,031
Receivable for Investment Securities Sold		7,757			1,664			—			1,585
Reclaim Receivable		—			—			—			257
Total Assets		1,288,969,897			12,504,098			60,294,247			36,785,344
Liabilities:
Options Written at Value (Premiums received $36,166,352, $193,673, $949,118 and $378,527, respectively)		4,917,055			83,660			119,740			42,709
Payable for Investment Securities Purchased		2,219,040			735,522			—			1,393,971
Payable due to Investment Adviser		525,308			4,288			30,199			18,882
Total Liabilities		7,661,403			823,470			149,939			1,455,562
Net Assets	$	1,281,308,494		$	11,680,628		$	60,144,308		$	35,329,782
Net Assets Consist of:
Paid-in Capital	$	1,400,882,976		$	11,945,122		$	70,759,524		$	38,348,507
Total Distributable Loss		(119,574,482	)		(264,494	)		(10,615,216	)		(3,018,725	)
Net Assets	$	1,281,308,494		$	11,680,628		$	60,144,308		$	35,329,782
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		57,960,000			480,000			2,280,000			1,250,000
Net Asset Value, Offering and Redemption Price Per Share	$	22.11		$	24.33		$	26.38		$	28.26

The accompanying notes are an integral part of the financial statements.

317

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X SuperIncome™ Preferred ETF			Global X Renewable Energy Producers ETF			Global X S&P 500^® Catholic Values ETF		Global X S&P Catholic Values Developed ex-U.S. ETF
Assets:
Cost of Investments	$	218,480,348		$	136,118,533		$	495,290,207	$	6,428,454
Cost of Repurchase Agreement		984,872			350,210			—		—
Cost of Foreign Currency		—			33,441			—		3,800
Investments, at Value	$	205,590,739	*	$	119,554,255	*	$	592,635,636	$	6,244,276
Repurchase Agreement, at Value		984,872			350,210			—		—
Cash		173,454			365,447			818,345		25,076
Foreign Currency, at Value		—			33,446			—		3,808
Dividend, Interest, and Securities Lending Income Receivable		811,141			184,977			402,444		20,020
Unrealized Appreciation on Spot Contracts		—			37			—		4
Receivable for Capital Shares Sold		—			—			6,301,444		—
Reclaim Receivable		—			75,371			13,679		3,595
Total Assets		207,560,206			120,563,743			600,171,548		6,296,779
Liabilities:
Obligation to Return Securities Lending Collateral		2,358,396			838,619			—		—
Payable due to Investment Adviser		99,407			76,544			150,713		1,652
Payable for Investment Securities Purchased		—			—			6,275,124		37,436
Total Liabilities		2,457,803			915,163			6,425,837		39,088
Net Assets	$	205,102,403		$	119,648,580		$	593,745,711	$	6,257,691
Net Assets Consist of:
Paid-in Capital	$	281,375,212		$	138,213,083		$	492,954,194	$	6,451,066
Total Distributable Earnings/(Loss)		(76,272,809	)		(18,564,503	)		100,791,517		(193,375	)
Net Assets	$	205,102,403		$	119,648,580		$	593,745,711	$	6,257,691
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		19,110,000			7,990,000			11,740,000		230,000
Net Asset Value, Offering and Redemption Price Per Share	$	10.73		$	14.97		$	50.57	$	27.21
*Includes Market Value of Securities on Loan	$	2,307,309		$	813,146		$	—	$	—

The accompanying notes are an integral part of the financial statements.

318

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X Guru^® Index ETF			Global X S&P 500^® Tail Risk ETF			Global X S&P 500^® Risk Managed Income ETF			Global X S&P 500^®Collar 95-110 ETF
Assets:
Cost of Investments	$	62,847,732		$	3,296,603		$	23,729,186		$	4,021,222
Cost of Repurchase Agreement		507,915			—			—			—
Investments, at Value	$	54,395,818	*	$	3,056,823		$	21,609,015		$	3,738,105
Repurchase Agreement, at Value		507,915			—			—			—
Cash		62,179			6,473			25,188			7,582
Dividend, Interest, and Securities Lending Income Receivable		9,039			2,131			14,930			2,594
Options Purchased at Value (Cost $–, $54,491, $246,115 and $106,455, respectively)		—			81,362			808,880			174,220
Reclaim Receivable		—			24			124			28
Total Assets		54,974,951			3,146,813			22,458,137			3,922,529
Liabilities:
Obligation to Return Securities Lending Collateral		1,216,264			—			—			—
Payable due to Investment Adviser		35,808			1,630			11,231			2,049
Options Written at Value (Premiums received $–, $–, ($481,741) and ($17,053), respectively)		—			—			52,071			730
Total Liabilities		1,252,072			1,630			63,302			2,779
Net Assets	$	53,722,879		$	3,145,183		$	22,394,835		$	3,919,750
Net Assets Consist of:
Paid-in Capital	$	72,128,338		$	3,526,120		$	24,158,099		$	4,298,875
Total Distributable Loss		(18,405,459	)		(380,937	)		(1,763,264	)		(379,125	)
Net Assets	$	53,722,879		$	3,145,183		$	22,394,835		$	3,919,750
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		1,450,000			130,000			920,000			160,000
Net Asset Value, Offering and Redemption Price Per Share	$	37.05		$	24.19		$	24.34		$	24.50
*Includes Market Value of Securities on Loan	$	1,227,224		$	—		$	—		$	—

The accompanying notes are an integral part of the financial statements.

319

	Statements of Assets and Liabilities
	April 30, 2022 (Unaudited)

	Global X NASDAQ 100^® Tail Risk ETF			Global X NASDAQ 100^®Risk Managed Income ETF			Global X NASDAQ 100^® Collar 95-110 ETF
Assets:
Cost of Investments	$	2,424,642		$	14,567,429		$	4,467,183
Investments, at Value	$	1,978,976		$	11,745,848		$	3,766,362
Cash		3,974			18,413			24,104
Options Purchased at Value (Cost $42,600, $262,240 and $130,540, respectively)		84,550			755,820			259,480
Dividend, Interest, and Securities Lending Income Receivable		214			954			280
Total Assets		2,067,714			12,521,035			4,050,226
Liabilities:
Payable due to Investment Adviser		1,780			6,546			1,882
Options Written at Value (Premiums received $–, ($288,606) and ($54,880), respectively)		—			29,660			4,310
Total Liabilities		1,780			36,206			6,192
Net Assets	$	2,065,934		$	12,484,829		$	4,044,034
Net Assets Consist of:
Paid-in Capital	$	2,690,605		$	14,479,977		$	4,523,970
Total Distributable Loss		(624,671	)		(1,995,148	)		(479,936	)
Net Assets	$	2,065,934		$	12,484,829		$	4,044,034
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)		100,000			600,000			180,000
Net Asset Value, Offering and Redemption Price Per Share	$	20.66		$	20.81		$	22.47

The accompanying notes are an integral part of the financial statements.

320

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X Social Media ETF			Global X Lithium & Battery Tech ETF			Global X Disruptive Materials ETF⁽¹⁾			Global X E-commerce ETF
Investment Income:
Dividend Income	$	1,378,983		$	17,080,363		$	55,241		$	717,110
Interest Income		22			461			—			—
Security Lending Income		12,180			7,112,670			—			8,613
Less: Foreign Taxes Withheld		(13,967	)		(3,469,894	)		(5,629	)		(2,851	)
Total Investment Income		1,377,218			20,723,600			49,612			722,872
Supervision and Administration Fees⁽²⁾		971,935			19,238,936			6,028			381,355
Tax Expense		—			70,214			—			—
Custodian Fees⁽³⁾		44			11,078			48			96
Total Expenses		971,979			19,320,228			6,076			381,451
Net Investment Income		405,239			1,403,372			43,536			341,421
Net Realized Gain (Loss) on:
Investments⁽⁴⁾		(30,139,731	)		26,829,959			39,174			(6,960,092	)
Foreign Currency Transactions		(21,379	)		(606,923	)		(235	)		(3,144	)
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions		(30,161,110	)		26,223,036			38,939			(6,963,236	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(111,107,945	)		(1,641,459,307	)		(597,278	)		(59,207,784	)
Foreign Currency Translations		(2,151	)		228,857			(320	)		—
Net Change in Unrealized Depreciation on Investments, Foreign Currency Translations		(111,110,096	)		(1,641,230,450	)		(597,598	)		(59,207,784	)
Net Realized and Unrealized Loss on Investments, Foreign Currency Translations		(141,271,206	)		(1,615,007,414	)		(558,659	)		(66,171,020	)
Net Decrease in Net Assets Resulting from Operations	$	(140,865,967	)	$	(1,613,604,042	)	$	(515,123	)	$	(65,829,599	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

321

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X Emerging Markets Internet & E-commerce ETF			Global X SuperDividend^® ETF			Global X SuperDividend^® U.S. ETF			Global X MSCI SuperDividend^® EAFE ETF
Investment Income:
Dividend Income	$	16,244		$	25,533,890		$	14,800,814		$	356,584
Interest Income		—			—			59			—
Security Lending Income		—			639,504			28,977			—
Less: Foreign Taxes Withheld		(512	)		(892,789	)		—			(33,974	)
Total Investment Income		15,732			25,280,605			14,829,850			322,610
Supervision and Administration Fees⁽¹⁾		11,291			2,581,592			1,556,562			33,973
Custodian Fees⁽²⁾		26			38,971			2,336			480
Total Expenses		11,317			2,620,563			1,558,898			34,453
Net Investment Income		4,415			22,660,042			13,270,952			288,157
Net Realized Gain (Loss) on:
Investments⁽³⁾		(834,225	)		(35,628,359	)		55,177,268			192,663
Foreign Currency Transactions		(7	)		(636,981	)		—			568
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions		(834,232	)		(36,265,340	)		55,177,268			193,231
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(924,511	)		(119,931,605	)		(45,652,620	)		(605,580	)
Foreign Currency Translations		21			(71,939	)		—			(6,567	)
Net Change in Unrealized Depreciation on Investments, Foreign Currency Translations		(924,490	)		(120,003,544	)		(45,652,620	)		(612,147	)
Net Realized and Unrealized Gain (Loss) on Investments, Foreign Currency Translations		(1,758,722	)		(156,268,884	)		9,524,648			(418,916	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,754,307	)	$	(133,608,842	)	$	22,795,600		$	(130,759	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

322

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X MSCI SuperDividend^® Emerging Markets ETF			Global X SuperDividend^® REIT ETF			Global X NASDAQ 100^® Covered Call ETF			Global X S&P 500^® Covered Call ETF
Investment Income:
Dividend Income	$	2,229,140		$	9,455,596		$	22,286,356		$	7,275,984
Interest Income		55			1			—			438
Security Lending Income		—			14,501			—			—
Less: Foreign Taxes Withheld		(232,693	)		(493,401	)		(32,801	)		—
Total Investment Income		1,996,502			8,976,697			22,253,555			7,276,422
Supervision and Administration Fees⁽¹⁾		238,561			1,183,209			18,372,707			3,069,305
Custodian Fees⁽²⁾		2,051			7,668			27,243			4,133
Total Expenses		240,612			1,190,877			18,399,950			3,073,438
Net Investment Income		1,755,890			7,785,820			3,853,605			4,202,984
Net Realized Gain (Loss) on:
Investments⁽³⁾		(7,880,796	)		12,103,281			10,166,163			410,980
Purchased Options		—			—			101,182,222			61,928,663
Written Options		—			—			309,965,446			—
Foreign Currency Transactions		(78,400	)		(60,671	)		—			—
Net Realized Gain (Loss) on Investments, Purchased Options. Written Options, Foreign Currency Transactions		(7,959,196	)		12,042,610			421,313,831			62,339,643
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(2,457,887	)		(55,232,674	)		(1,386,468,831	)		(149,644,640	)
Written Options		—			—			359,165,097			42,633,248
Foreign Capital Gains Tax on Appreciated Securities		44,684			—			—			—
Foreign Currency Translations		8,025			(35,226	)		—			—
Net Change in Unrealized Depreciation on Investments, Written Options, Foreign Currency Translations		(2,405,178	)		(55,267,900	)		(1,027,303,734	)		(107,011,392	)
Net Realized and Unrealized Loss on Investments, Written Options, Foreign Currency Translations, Purchased Options		(10,364,374	)		(43,225,290	)		(605,989,903	)		(44,671,749	)
Net Decrease in Net Assets Resulting from Operations	$	(8,608,484	)	$	(35,439,470	)	$	(602,136,298	)	$	(40,468,765	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

323

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X Russell 2000 Covered Call ETF			Global X Dow 30^®Covered Call ETF⁽¹⁾			Global X Nasdaq 100^® Covered Call & Growth ETF			Global X S&P 500^® Covered Call & Growth ETF
Investment Income:
Dividend Income	$	5,820,697		$	13,943		$	195,004		$	274,476
Interest Income		473			—			—			—
Less: Foreign Taxes Withheld		(86	)		—			(353	)		—
Total Investment Income		5,821,084			13,943			194,651			274,476
Supervision and Administration Fees⁽²⁾		2,764,511			6,283			164,116			113,770
Custodian Fees⁽³⁾		24,304			16			624			539
Total Expenses		2,788,815			6,299			164,740			114,309
Waiver of Supervision and Administration Fees		(460,746	)		–			–			–
Net Expenses		2,328,069			6,299			164,740			114,309
Net Investment Income		3,493,015			7,644			29,911			160,167
Net Realized Gain (Loss) on:
Investments⁽⁴⁾		(127,603,244	)		(1,071	)		2,275,576			1,187,945
Purchased Options		114,277,083			112,576			836,539			555,270
Written Options		—			—			1,035,116			382,385
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options		(13,326,161	)		111,505			4,147,231			2,125,600
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(90,082,055	)		(396,092	)		(14,999,612	)		(5,098,551	)
Written Options		30,101,380			110,013			1,561,865			697,815
Net Change in Unrealized Depreciation on Investments, Written Options		(59,980,675	)		(286,079	)		(13,437,747	)		(4,400,736	)
Net Realized and Unrealized Loss on Investments, Purchased Options, Written Options		(73,306,836	)		(174,574	)		(9,290,516	)		(2,275,136	)
Net Decrease in Net Assets Resulting from Operations	$	(69,813,821	)	$	(166,930	)	$	(9,260,605	)	$	(2,114,969	)

(1)	The Fund commenced operations on February 23, 2022.
(2)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

324

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X SuperIncome™ Preferred ETF			Global X Renewable Energy Producers ETF			Global X S&P 500^® Catholic Values ETF			Global X S&P Catholic Values Developed ex-U.S. ETF
Investment Income:
Dividend Income	$	6,494,606		$	1,229,511		$	4,277,452		$	77,784
Interest Income		20			3			30			2
Security Lending Income		72,909			20,843			—			—
Less: Foreign Taxes Withheld		(1,478	)		(98,225	)		—			(6,882	)
Total Investment Income		6,566,057			1,152,132			4,277,482			70,904
Supervision and Administration Fees⁽¹⁾		637,425			427,324			898,847			8,457
Custodian Fees⁽²⁾		1,128			537			162			29
Total Expenses		638,553			427,861			899,009			8,486
Net Investment Income		5,927,504			724,271			3,378,473			62,418
Net Realized Gain (Loss) on:
Investments⁽³⁾		(2,465,794	)		2,393,432			3,988,561			(42,392	)
Foreign Currency Transactions		—			(71,145	)		—			(353	)
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions		(2,465,794	)		2,322,287			3,988,561			(42,745	)
Net Change in Unrealized Depreciation on:
Investments		(20,345,810	)		(18,888,024	)		(80,383,792	)		(884,858	)
Foreign Currency Translations		—			(626	)		—			(907	)
Net Change in Unrealized Depreciation on Investments, Foreign Currency Translations		(20,345,810	)		(18,888,650	)		(80,383,792	)		(885,765	)
Net Realized and Unrealized Loss on Investments, Foreign Currency Translations		(22,811,604	)		(16,566,363	)		(76,395,231	)		(928,510	)
Net Decrease in Net Assets Resulting from Operations	$	(16,884,100	)	$	(15,842,092	)	$	(73,016,758	)	$	(866,092	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

325

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X Guru^® Index ETF			Global X S&P 500^® Tail Risk ETF			Global X S&P 500^® Risk Managed Income ETF			Global X S&P 500^® Collar 95-110 ETF
Investment Income:
Dividend Income	$	230,342		$	24,257		$	114,765		$	25,255
Interest Income		5			—			—			—
Security Lending Income		18,361			—			—			—
Total Investment Income		248,708			24,257			114,765			25,255
Supervision and Administration Fees⁽¹⁾		242,430			10,310			48,305			10,760
Custodian Fees⁽²⁾		113			—			343			172
Total Expenses		242,543			10,310			48,648			10,932
Net Investment Income		6,165			13,947			66,117			14,323
Net Realized Gain (Loss) on:
Investments⁽³⁾		(2,998,612	)		2,424			(74,777	)		(823	)
Purchased Options		—			(100,813	)		1,190,966			8,741
Written Options		—			—			(899,763	)		(148,724	)
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options		(2,998,612	)		(98,389	)		216,426			(140,806	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(16,470,608	)		(350,299	)		(2,309,779	)		(378,348	)
Purchased Options		—			59,579			586,518			114,856
Written Options		—			—			545,165			16,069
Net Change in Unrealized Depreciation on Investments, Purchased Options, Written Options		(16,470,608	)		(290,720	)		(1,178,096	)		(247,423	)
Net Realized and Unrealized Loss on Investments, Purchased Options, Written Options		(19,469,220	)		(389,109	)		(961,670	)		(388,229	)
Net Decrease in Net Assets Resulting from Operations	$	(19,463,055	)	$	(375,162	)	$	(895,553	)	$	(373,906	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

326

	Statements of Operations
	For the period ended April 30, 2022 (Unaudited)

	Global X NASDAQ 100^® Tail Risk ETF			Global X NASDAQ 100^® Risk Managed Income ETF			Global X NASDAQ 100^® Collar 95-110 ETF
Investment Income:
Dividend Income	$	13,596		$	41,740		$	12,296
Less: Foreign Taxes Withheld		(20	)		(61	)		(19	)
Total Investment Income		13,576			41,679			12,277
Supervision and Administration Fees⁽¹⁾		11,084			35,959			10,705
Custodian Fees⁽²⁾		2			332			174
Total Expenses		11,086			36,291			10,879
Net Investment Income		2,490			5,388			1,398
Net Realized Gain (Loss) on:
Investments⁽³⁾		(36,140	)		(84,180	)		(13,564	)
Purchased Options		(121,136	)		1,237,961			41,514
Written Options		—			(592,293	)		52,131
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options		(157,276	)		561,488			80,081
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(549,267	)		(2,990,836	)		(784,495	)
Purchased Options		79,810			518,662			174,010
Written Options		—			409,465			49,273
Net Change in Unrealized Depreciation on Investments, Purchased Options, Written Options		(469,457	)		(2,062,709	)		(561,212	)
Net Realized and Unrealized Loss on Investments, Purchased Options, Written Options		(626,733	)		(1,501,221	)		(481,131	)
Net Decrease in Net Assets Resulting from Operations	$	(624,243	)	$	(1,495,833	)	$	(479,733	)

(1)	The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in 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 Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

327

	Statements of Changes in Net Assets

	Global X Social Media ETF						Global X Lithium & Battery Tech ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income (Loss)	$	405,239		$	(1,911,606	)	$	1,403,372		$	5,390,819
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽¹⁾		(30,161,110	)		103,952,942			26,223,036			274,489,561
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(111,110,096	)		(71,438,661	)		(1,641,230,450	)		1,628,377,103
Net Increase (Decrease) in Net Assets Resulting from Operations		(140,865,967	)		30,602,675			(1,613,604,042	)		1,908,257,483
Distributions		—			—			(9,713,290	)		(4,617,167	)
Capital Share Transactions:
Issued		11,454			312,935,286			801,093,773			3,085,540,584
Redeemed		(43,946,626	)		(167,644,538	)		(295,710,604	)		(482,676,020	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(43,935,172	)		145,290,748			505,383,169			2,602,864,564
Total Increase (Decrease) in Net Assets		(184,801,139	)		175,893,423			(1,117,934,163	)		4,506,504,880
Net Assets:
Beginning of Year/Period		401,892,780			225,999,357			5,375,398,735			868,893,855
End of Year/Period	$	217,091,641		$	401,892,780		$	4,257,464,572		$	5,375,398,735
Share Transactions:
Issued		—			4,480,000			8,890,000			45,050,000
Redeemed		(900,000	)		(2,270,000	)		(3,840,000	)		(6,300,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(900,000	)		2,210,000			5,050,000			38,750,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

328

	Statements of Changes in Net Assets

	Global X Disruptive Materials ETF			Global X E-commerce ETF
	Period Ended April 30, 2022⁽¹⁾ (Unaudited)			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income (Loss)	$	43,536		$	341,421		$	(220,637	)
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽²⁾		38,939			(6,963,236	)		20,994,579
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(597,598	)		(59,207,784	)		(15,365,762	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(515,123	)		(65,829,599	)		5,408,180
Distributions		—			(964,485	)		(1,105,636	)
Capital Share Transactions:
Issued		6,008,246			21,458,528			157,633,184
Redeemed		(516,350	)		(70,625,015	)		(55,267,404	)
Increase (Decrease) in Net Assets from Capital Share Transactions		5,491,896			(49,166,487	)		102,365,780
Total Increase (Decrease) in Net Assets		4,976,773			(115,960,571	)		106,668,324
Net Assets:
Beginning of Year/Period		—			197,751,192			91,082,868
End of Year/Period	$	4,976,773		$	81,790,621		$	197,751,192
Share Transactions:
Issued		240,000			1,000,000			4,640,000
Redeemed		(20,000	)		(3,150,000	)		(1,700,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		220,000			(2,150,000	)		2,940,000

(1)	The Fund commenced operations on January 24, 2022.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

329

	Statements of Changes in Net Assets

	Global X Emerging Markets Internet & E-commerce ETF						Global X SuperDividend^® ETF
	Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income (Loss)	$	4,415		$	(27,611	)	$	22,660,042		$	61,535,540
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽²⁾		(834,232	)		(323,485	)		(36,265,340	)		73,981,878
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(924,490	)		(1,462,197	)		(120,003,544	)		61,523,433
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,754,307	)		(1,813,293	)		(133,608,842	)		197,040,851
Distributions		—			—			(46,324,672	)		(65,648,210	)
Capital Share Transactions:
Issued		121			7,267,793			87,627,401			177,439,475
Redeemed		(173,889	)		(899,296	)		(16,869,078	)		(5,271,538	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(173,768	)		6,368,497			70,758,323			172,167,937
Total Increase (Decrease) in Net Assets		(1,928,075	)		4,555,204			(109,175,191	)		303,560,578
Net Assets:
Beginning of Year/Period		4,555,204			—			930,431,472			626,870,894
End of Year/Period	$	2,627,129		$	4,555,204		$	821,256,281		$	930,431,472
Share Transactions:
Issued		—			450,000			7,090,000			12,830,000
Redeemed		(20,000	)		(70,000	)		(1,550,000	)		(400,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(20,000	)		380,000			5,540,000			12,430,000

(1)	The Fund commenced operations on November 9, 2020.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

330

	Statements of Changes in Net Assets

	Global X SuperDividend^® U.S. ETF						Global X MSCI SuperDividend^® EAFE ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	13,270,952		$	21,001,659		$	288,157		$	600,163
Net Realized Gain on Investments, Foreign Currency Transactions ⁽¹⁾		55,177,268			53,431,904			193,231			1,264,371
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(45,652,620	)		114,820,912			(612,147	)		1,338,122
Net Increase (Decrease) in Net Assets Resulting from Operations		22,795,600			189,254,475			(130,759	)		3,202,656
Distributions		(19,420,243	)		(31,364,614	)		(388,520	)		(542,165	)
Return of Capital		—			(3,660,741	)		—			—
Capital Share Transactions:
Issued		61,711,706			143,549,897			—			4,890,027
Redeemed		(39,716,342	)		(40,154,269	)		(2,344,405	)		(928,933	)
Increase (Decrease) in Net Assets from Capital Share Transactions		21,995,364			103,395,628			(2,344,405	)		3,961,094
Total Increase (Decrease) in Net Assets		25,370,721			257,624,748			(2,863,684	)		6,621,585
Net Assets:
Beginning of Year/Period		669,734,316			412,109,568			14,057,701			7,436,116
End of Year/Period	$	695,105,037		$	669,734,316		$	11,194,017		$	14,057,701
Share Transactions:
Issued		2,970,000			7,860,000			—			310,000
Redeemed		(1,930,000	)		(2,090,000	)		(150,000	)		(60,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		1,040,000			5,770,000			(150,000	)		250,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

331

	Statements of Changes in Net Assets

	Global X MSCI SuperDividend^® Emerging Markets ETF						Global X SuperDividend^®REIT ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	1,755,890		$	3,890,630		$	7,785,820		$	17,999,548
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽¹⁾		(7,959,196	)		1,547,026			12,042,610			(7,237,478	)
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(2,405,178	)		(1,736,940	)		(55,267,900	)		115,855,547
Net Increase (Decrease) in Net Assets Resulting from Operations		(8,608,484	)		3,700,716			(35,439,470	)		126,617,617
Distributions		(3,757,565	)		(2,831,439	)		(13,495,500	)		(19,492,525	)
Return of Capital		—			—			—			(9,729,725	)
Capital Share Transactions:
Issued		22,800,744			41,819,662			1,674			112,985,429
Redeemed		—			—			(53,482,136	)		(54,071,703	)
Increase (Decrease) in Net Assets from Capital Share Transactions		22,800,744			41,819,662			(53,480,462	)		58,913,726
Total Increase (Decrease) in Net Assets		10,434,695			42,688,939			(102,415,432	)		156,309,093
Net Assets:
Beginning of Year/Period		62,696,164			20,007,225			467,934,268			311,625,175
End of Year/Period	$	73,130,859		$	62,696,164		$	365,518,836		$	467,934,268
Share Transactions:
Issued		2,100,000			3,470,000			—			11,980,000
Redeemed		—			—			(5,810,000	)		(5,540,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		2,100,000			3,470,000			(5,810,000	)		6,440,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

332

	Statements of Changes in Net Assets

	Global X NASDAQ 100^® Covered Call ETF						Global X S&P 500^® Covered Call ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	3,853,605		$	3,013,239		$	4,202,984		$	2,258,752
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options ⁽¹⁾		421,313,831			(230,364,474	)		62,339,643			(3,328,421	)
Net Change in Unrealized Appreciation (Depreciation) on Investments, Written Options		(1,027,303,734	)		735,524,124			(107,011,392	)		65,289,214
Net Increase (Decrease) in Net Assets Resulting from Operations		(602,136,298	)		508,172,889			(40,468,765	)		64,219,545
Distributions		(447,342,014	)		(320,053,733	)		(61,184,621	)		(26,627,258	)
Capital Share Transactions:
Issued		2,967,755,811			3,548,421,512			969,296,022			535,288,406
Redeemed		(58,681,307	)		(25,968,248	)		(7,399,942	)		(7,017,545	)
Increase in Net Assets from Capital Share Transactions		2,909,074,504			3,522,453,264			961,896,080			528,270,861
Total Increase in Net Assets		1,859,596,192			3,710,572,420			860,242,694			565,863,148
Net Assets:
Beginning of Year/Period		5,036,214,747			1,325,642,327			669,854,868			103,991,720
End of Year/Period	$	6,895,810,939		$	5,036,214,747		$	1,530,097,562		$	669,854,868
Share Transactions:
Issued		139,670,000			157,690,000			19,720,000			11,000,000
Redeemed		(2,820,000	)		(1,160,000	)		(150,000	)		(150,000	)
Net Increase in Shares Outstanding from Share Transactions		136,850,000			156,530,000			19,570,000			10,850,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

333

	Statements of Changes in Net Assets

	Global X Russell 2000 Covered Call ETF						Global X Dow 30^® Covered Call ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022⁽¹⁾ (Unaudited)
Operations:
Net Investment Income	$	3,493,015		$	931,659		$	7,644
Net Realized Gain (Loss) on Investments, Purchased Options ⁽²⁾		(13,326,161	)		5,915,793			111,505
Net Change in Unrealized Appreciation (Depreciation) on Investments, Written Options		(59,980,675	)		26,525,513			(286,079	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(69,813,821	)		33,372,965			(166,930	)
Distributions		(59,743,084	)		(21,788,088	)		(97,564	)
Capital Share Transactions:
Issued		856,419,599			521,879,514			11,945,122
Redeemed		—			(493,345	)		—
Increase in Net Assets from Capital Share Transactions		856,419,599			521,386,169			11,945,122
Total Increase in Net Assets		726,862,694			532,971,046			11,680,628
Net Assets:
Beginning of Year/Period		554,445,800			21,474,754			—
End of Year/Period	$	1,281,308,494		$	554,445,800		$	11,680,628
Share Transactions:
Issued		35,940,000			20,990,000			480,000
Redeemed		—			(20,000	)		—
Net Increase in Shares Outstanding from Share Transactions		35,940,000			20,970,000			480,000

(1)	The Fund commenced operations on February 23, 2022.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

334

	Statements of Changes in Net Assets

	Global X Nasdaq 100^® Covered Call & Growth ETF						Global X S&P 500^® Covered Call & Growth ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	29,911		$	9,199		$	160,167		$	62,067
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options ⁽¹⁾		4,147,231			(254,466	)		2,125,600			553,356
Net Change in Unrealized Appreciation (Depreciation) on Investments, Written Options		(13,437,747	)		4,363,334			(4,400,736	)		1,561,682
Net Increase (Decrease) in Net Assets Resulting from Operations		(9,260,605	)		4,118,067			(2,114,969	)		2,177,105
Distributions		(4,192,837	)		(919,727	)		(2,206,160	)		(376,497	)
Capital Share Transactions:
Issued		42,351,692			37,707,138			12,237,486			33,611,221
Redeemed		(13,425,312	)		(2,801,664	)		(7,604,699	)		(4,097,596	)
Increase in Net Assets from Capital Share Transactions		28,926,380			34,905,474			4,632,787			29,513,625
Total Increase in Net Assets		15,472,938			38,103,814			311,658			31,314,233
Net Assets:
Beginning of Year/Period		44,671,370			6,567,556			35,018,124			3,703,891
End of Year/Period	$	60,144,308		$	44,671,370		$	35,329,782		$	35,018,124
Share Transactions:
Issued		1,370,000			1,200,000			400,000			1,100,000
Redeemed		(440,000	)		(100,000	)		(250,000	)		(150,000	)
Net Increase in Shares Outstanding from Share Transactions		930,000			1,100,000			150,000			950,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

335

	Statements of Changes in Net Assets

	Global X SuperIncome™ Preferred ETF						Global X Renewable Energy Producers ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	5,927,504		$	10,851,739		$	724,271		$	1,617,480
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽¹⁾		(2,465,794	)		7,442,457			2,322,287			7,157,351
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(20,345,810	)		7,403,025			(18,888,650	)		(677,351	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(16,884,100	)		25,697,221			(15,842,092	)		8,097,480
Distributions		(6,619,540	)		(12,037,890	)		(594,522	)		(1,854,987	)
Capital Share Transactions:
Issued		5,986,562			44,774,820			25,035,260			127,915,612
Redeemed		(12,333,243	)		(7,496,771	)		(35,926,360	)		(53,373,821	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(6,346,681	)		37,278,049			(10,891,100	)		74,541,791
Total Increase (Decrease) in Net Assets		(29,850,321	)		50,937,380			(27,327,714	)		80,784,284
Net Assets:
Beginning of Year/Period		234,952,724			184,015,344			146,976,294			66,192,010
End of Year/Period	$	205,102,403		$	234,952,724		$	119,648,580		$	146,976,294
Share Transactions:
Issued		520,000			3,760,000			1,640,000			7,360,000
Redeemed		(1,090,000	)		(630,000	)		(2,390,000	)		(3,070,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(570,000	)		3,130,000			(750,000	)		4,290,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

336

	Statements of Changes in Net Assets

	Global X S&P 500^® Catholic Values ETF						Global X S&P Catholic Values Developed ex-U.S. ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021
Operations:
Net Investment Income	$	3,378,473		$	5,643,588		$	62,418		$	71,854
Net Realized Gain (Loss) on Investments, Foreign Currency Transactions ⁽¹⁾		3,988,561			39,989,880			(42,745	)		59,259
Net Change in Unrealized Appreciation (Depreciation) on Investments, Foreign Currency Translations		(80,383,792	)		128,170,186			(885,765	)		723,798
Net Increase (Decrease) in Net Assets Resulting from Operations		(73,016,758	)		173,803,654			(866,092	)		854,911
Distributions		(4,252,512	)		(5,511,704	)		(115,453	)		(59,322	)
Capital Share Transactions:
Issued		97,010,085			127,314,441			2,975,220			970,818
Redeemed		(19,980,456	)		(80,673,768	)		—			—
Increase in Net Assets from Capital Share Transactions		77,029,629			46,640,673			2,975,220			970,818
Total Increase (Decrease) in Net Assets		(239,641	)		214,932,623			1,993,675			1,766,407
Net Assets:
Beginning of Year/Period		593,985,352			379,052,729			4,264,016			2,497,609
End of Year/Period	$	593,745,711		$	593,985,352		$	6,257,691		$	4,264,016
Share Transactions:
Issued		1,730,000			2,520,000			100,000			30,000
Redeemed		(370,000	)		(1,540,000	)		—			—
Net Increase in Shares Outstanding from Share Transactions		1,360,000			980,000			100,000			30,000

(1)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

337

	Statements of Changes in Net Assets

	Global X Guru^® Index ETF						Global X S&P 500^® Tail Risk ETF
	Period Ended April 30, 2022 (Unaudited)			Year Ended October 31, 2021			Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾
Operations:
Net Investment Income	$	6,165		$	1,047,788		$	13,947		$	3,080
Net Realized Gain (Loss) on Investments ⁽²⁾		(2,998,612	)		16,693,239			(98,389	)		(2,887	)
Net Change in Unrealized Appreciation (Depreciation) on Investments, Purchased Options		(16,470,608	)		3,201,689			(290,720	)		77,810
Net Increase (Decrease) in Net Assets Resulting from Operations		(19,463,055	)		20,942,716			(375,162	)		78,003
Distributions		(62,821	)		(1,352,859	)		(83,778	)		—
Capital Share Transactions:
Issued		2,097,530			22,506,630			—			3,526,120
Redeemed		(4,704,810	)		(22,201,951	)		—			—
Increase (Decrease) in Net Assets from Capital Share Transactions		(2,607,280	)		304,679			—			3,526,120
Total Increase (Decrease) in Net Assets		(22,133,156	)		19,894,536			(458,940	)		3,604,123
Net Assets:
Beginning of Year/Period		75,856,035			55,961,499			3,604,123			—
End of Year/Period	$	53,722,879		$	75,856,035		$	3,145,183		$	3,604,123
Share Transactions:
Issued		50,000			480,000			—			130,000
Redeemed		(110,000	)		(470,000	)		—			—
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(60,000	)		10,000			—			130,000

(1)	The Fund commenced operations on August 25, 2021.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

338

	Statements of Changes in Net Assets

	Global X S&P 500^® Risk Managed Income ETF						Global X S&P 500^® Collar 95-110 ETF
	Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾			Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾
Operations:
Net Investment Income	$	66,117		$	3,407		$	14,323		$	2,996
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options ⁽²⁾		216,426			34,336			(140,806	)		(115	)
Net Change in Unrealized Appreciation (Depreciation) on Investments, Purchased Options, Written Options		(1,178,096	)		50,360			(247,423	)		48,394
Net Increase (Decrease) in Net Assets Resulting from Operations		(895,553	)		88,103			(373,906	)		51,275
Distributions		(904,174	)		(51,640	)		(56,494	)		—
Capital Share Transactions:
Issued		18,292,970			5,865,129			1,041,734			3,257,141
Increase in Net Assets from Capital Share Transactions		18,292,970			5,865,129			1,041,734			3,257,141
Total Increase in Net Assets		16,493,243			5,901,592			611,334			3,308,416
Net Assets:
Beginning of Year/Period		5,901,592			—			3,308,416			—
End of Year/Period	$	22,394,835		$	5,901,592		$	3,919,750		$	3,308,416
Share Transactions:
Issued		700,000			220,000			40,000			120,000
Net Increase in Shares Outstanding from Share Transactions		700,000			220,000			40,000			120,000

(1)	The Fund commenced operations on August 25, 2021.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

339

	Statements of Changes in Net Assets

	Global X NASDAQ 100^® Tail Risk ETF						Global X NASDAQ 100^® Risk Managed Income ETF
	Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾			Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾
Operations:
Net Investment Income (Loss)	$	2,490		$	(625	)	$	5,388		$	(941	)
Net Realized Gain (Loss) on Investments, Purchased Options, Written Options ⁽²⁾		(157,276	)		(1,786	)		561,488			897
Net Change in Unrealized Appreciation (Depreciation) on Investments, Purchased Options, Written Options		(469,457	)		65,741			(2,062,709	)		(6,346	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(624,243	)		63,330			(1,495,833	)		(6,390	)
Distributions		(63,758	)		—			(492,925	)		—
Return of Capital		—			—			—			(52,273	)
Capital Share Transactions:
Issued		1,394,297			3,262,936			12,717,491			4,400,103
Redeemed		(1,966,628	)		—			(2,585,344	)		—
Increase (Decrease) in Net Assets from Capital Share Transactions		(572,331	)		3,262,936			10,132,147			4,400,103
Total Increase (Decrease) in Net Assets		(1,260,332	)		3,326,266			8,143,389			4,341,440
Net Assets:
Beginning of Year/Period		3,326,266			—			4,341,440			—
End of Year/Period	$	2,065,934		$	3,326,266		$	12,484,829		$	4,341,440
Share Transactions:
Issued		60,000			130,000			540,000			180,000
Redeemed		(90,000	)		—			(120,000	)		—
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(30,000	)		130,000			420,000			180,000

(1)	The Fund commenced operations on August 25, 2021.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

340

	Statements of Changes in Net Assets

	Global X NASDAQ 100^® Collar 95-110 ETF
	Period Ended April 30, 2022 (Unaudited)			Period Ended October 31, 2021⁽¹⁾
Operations:
Net Investment Income (Loss)	$	1,398		$	(560	)
Net Realized Gain on Investments, Purchased Options, Written Options⁽²⁾		80,081			14,840
Net Change in Unrealized Appreciation (Depreciation) on Investments, Purchased Options, Written Options		(561,212	)		39,901
Net Increase (Decrease) in Net Assets Resulting from Operations		(479,733	)		54,181
Distributions		(54,384	)		—
Capital Share Transactions:
Issued		1,741,890			2,782,080
Increase in Net Assets from Capital Share Transactions		1,741,890			2,782,080
Total Increase in Net Assets		1,207,773			2,836,261
Net Assets:
Beginning of Year/Period		2,836,261			—
End of Year/Period	$	4,044,034		$	2,836,261
Share Transactions:
Issued		70,000			110,000
Net Increase in Shares Outstanding from Share Transactions		70,000			110,000

(1)	The Fund commenced operations on August 25, 2021.
(2)	Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)

The accompanying notes are an integral part of the financial statements.

341

This Page is Intentionally Blank

The accompanying notes are an integral part of the financial statements.

342

	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 ($)			Distribution from Capital Gains ($)
Global X Social Media ETF
2022 (Unaudited)		61.26		0.07			(22.97	)		(22.90	)		—			—
2021		51.95		(0.31	)		9.62			9.31			—			—
2020		31.92		(0.11	)		20.14			20.03			—			—
2019		29.10		(0.10	)		2.92			2.82			—			—
2018		32.67		(0.06	)		(3.02	)		(3.08	)		(0.49	)		—
2017		23.53		0.10			9.08			9.18			(0.04	)		—
Global X Lithium & Battery Tech ETF
2022 (Unaudited)		91.07		0.02			(24.49	)		(24.47	)		(0.15	)		—
2021		42.86		0.12			48.21			48.33			(0.12	)		—
2020		25.04		0.40			17.86			18.26			(0.44	)		—
2019		30.32		0.48			(4.86	)		(4.38	)		(0.90	)		—
2018		39.14		0.33			(7.89	)		(7.56	)		(1.26	)		—
2017		24.02		0.33			15.31			15.64			(0.52	)		—
Global X Disruptive Materials ETF
2022⁽¹⁾ (Unaudited)		23.75		0.28			(1.41	)		(1.13	)		—			—

The accompanying notes are an integral part of the financial statements.

343

	Financial Highlights

Return of Capital ($)		Total from Distributions ($)			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 (%)††

	—		—			38.36		(37.38	)		217,092		0.65	†		0.27	†		7.77
	—		—			61.26		17.94			401,893		0.65			(0.48	)		30.89
	—		—			51.95		62.75			225,999		0.65			(0.28	)		19.23
	—		—			31.92		9.69			121,289		0.65			(0.33	)		16.92
	—		(0.49	)		29.10		(9.61	)		129,496		0.65			(0.16	)		21.36
	—		(0.04	)		32.67		39.09			164,998		0.65			0.35			41.40

	—		(0.15	)		66.45		(26.91	)		4,257,465		0.75	†		0.05	†		4.08
	—		(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
	—		(0.90	)		25.04		(14.61	)		455,124		0.75			1.75			35.28
	—		(1.26	)		30.32		(20.01	)		739,153		0.75			0.96			16.48
	—		(0.52	)		39.14		66.46			950,071		0.75			1.02			68.13

	—		—			22.62		(4.76	)		4,977		0.59	†		4.26	†		7.68

*	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.
(1)	The Fund commenced operations on January 24, 2022.

Amounts designated as “—” are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

344

	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 ($)			Distribution from Capital Gains ($)
Global X E-commerce ETF
2022 (Unaudited)		31.19		0.06			(11.57	)		(11.51	)		(0.06	)		(0.10	)
2021		26.79		(0.04	)		4.70			4.66			(0.13	)		(0.13	)
2020		17.58		0.19			9.05			9.24			(0.03	)		—
2019⁽¹⁾		15.00		(0.05	)		2.63			2.58			—			—
Global X Emerging Markets Internet & E-commerce ETF
2022 (Unaudited)		11.99		0.01			(4.70	)		(4.69	)		—			—
2021⁽²⁾		14.79		(0.07	)		(2.73	)		(2.80	)		—			—
Global X SuperDividend^® ETF
2022 (Unaudited)		13.01		0.30			(2.03	)		(1.73	)		(0.62	)		—
2021		10.61		0.94			2.46			3.40			(1.00	)		—
2020		17.25		0.86			(6.34	)		(5.48	)		(1.04	)		—
2019		19.06		1.24			(1.47	)		(0.23	)		(1.38	)		—
2018		21.51		1.35			(2.26	)		(0.91	)		(1.43	)		—
2017		20.43		1.08			1.45			2.53			(1.22	)		—
Global X SuperDividend^® U.S. ETF
2022 (Unaudited)		20.13		0.39			0.32			0.71			(0.58	)		—
2021		14.99		0.65			5.59			6.24			(0.99	)		—
2020		23.34		0.62			(7.45	)		(6.83	)		(1.14	)		—
2019		24.53		1.12			(0.56	)		0.56			(1.49	)		—
2018		25.18		1.07			(0.17	)		0.90			(1.35	)		—
2017		24.00		0.79			1.94			2.73			(0.96	)		—

The accompanying notes are an integral part of the financial statements.

345

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(0.16	)		19.52		(37.06	)		81,791		0.50	†		0.45	†		12.14
	—			(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
	—			—			17.58		17.20			3,517		0.68	†		(0.32	)†		23.50

	—			—			7.30		(39.12	)		2,627		0.65	†		0.25	†		11.45
	—			—			11.99		(18.93	)		4,555		0.65	†		(0.49	)†		23.61

	—			(0.62	)		10.66		(13.72	)		821,256		0.58	†		5.09	†		56.14
	—			(1.00	)		13.01		32.21			930,431		0.58			6.98			82.37
	(0.12	)		(1.16	)		10.61		(32.80	)		626,871		0.59			6.62			124.55
	(0.20	)		(1.58	)		17.25		(1.02	)		932,111		0.59			7.03			56.85
	(0.11	)		(1.54	)		19.06		(4.65	)		912,968		0.59			6.48			59.48
	(0.23	)		(1.45	)		21.51		12.69			992,893		0.58			5.07			67.38

	—			(0.58	)		20.26		3.50			695,105		0.45	†		3.84	†		33.15
	(0.11	)		(1.10	)		20.13		42.53			669,734		0.45			3.41			60.53
	(0.38	)		(1.52	)		14.99		(30.12	)		412,110		0.45			3.50			93.44
	(0.26	)		(1.75	)		23.34		2.61			544,884		0.46			4.83			60.00
	(0.20	)		(1.55	)		24.53		3.66			413,311		0.46			4.31			33.25
	(0.59	)		(1.55	)		25.18		11.64			425,579		0.45			3.15			53.01

*	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.
(1)	The Fund commenced operations on November 27, 2018.
(2)	The Fund commenced operations on November 9, 2020.

The accompanying notes are an integral part of the financial statements.

346

	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 ($)			Distribution from Capital Gains ($)
Global X MSCI SuperDividend^® EAFE ETF
2022 (Unaudited)		15.62		0.36		(0.58	)		(0.22	)		(0.47	)		—
2021		11.44		0.79		4.10			4.89			(0.71	)		—
2020		16.11		0.56		(4.53	)		(3.97	)		(0.55	)		—
2019		15.96		0.82		0.36			1.18			(1.03	)		—
2018		18.13		1.12		(2.04	)		(0.92	)		(1.10	)		(0.15	)
2017⁽¹⁾		14.87		0.81		3.04			3.85			(0.59	)		—
Global X MSCI SuperDividend^® Emerging Markets ETF
2022 (Unaudited)		11.26		0.25		(1.42	)		(1.17	)		(0.56	)		—
2021		9.53		1.02		1.45			2.47			(0.74	)		—
2020		12.95		0.55		(3.17	)		(2.62	)		(0.66	)		—
2019		12.91		0.87		0.05			0.92			(0.88	)		—
2018		15.94		0.90		(3.02	)		(2.12	)		(0.91	)		—
2017		14.96		0.83		0.91			1.74			(0.76	)		—
Global X SuperDividend^® REIT ETF
2022 (Unaudited)		9.82		0.17		(0.95	)		(0.78	)		(0.30	)		—
2021		7.56		0.38		2.50			2.88			(0.41	)		—
2020		15.33		0.56		(7.41	)		(6.85	)		(0.86	)		—
2019		14.62		0.99		0.91			1.90			(1.19	)		—
2018		15.29		0.92		(0.28	)		0.64			(1.31	)		—
2017		14.60		0.86		0.96			1.82			(1.13	)		—

The accompanying notes are an integral part of the financial statements.

347

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(0.47	)		14.93		(1.50	)		11,194		0.55	†		4.67	†		11.24
	—			(0.71	)		15.62		43.05			14,058		0.55			5.12			88.53
	(0.15	)		(0.70	)		11.44		(25.24	)		7,436		0.56			4.07			59.28
	—			(1.03	)		16.11		7.81			18,527		0.56			5.23			29.81
	—			(1.25	)		15.96		(5.59	)		4,788		0.56			6.36			52.96
	—			(0.59	)		18.13		26.19			1,813		0.56	†		4.97	†		45.40

	—			(0.56	)		9.53		(10.89	)		73,131		0.66	†		4.78	†		26.05
	—			(0.74	)		11.26		25.83			62,696		0.72			8.59			102.27
	(0.14	)		(0.80	)		9.53		(21.01	)		20,007		0.67			5.04			93.04
	—			(0.88	)		12.95		7.14			17,489		0.66			6.51			66.65
	—			(0.91	)		12.91		(14.10	)		12,260		0.67			5.89			79.52
	—			(0.76	)		15.94		11.95			12,748		0.66			5.25			122.32

	—			(0.30	)		8.74		(8.07	)		365,519		0.58	†		3.82	†		70.16
	(0.21	)		(0.62	)		9.82		38.84			467,934		0.58			3.99			59.44
	(0.06	)		(0.92	)		7.56		(45.94	)		311,625		0.58			5.74			106.23
	—			(1.19	)		15.33		13.68			364,790		0.59			6.71			34.16
	—			(1.31	)		14.62		4.30			118,408		0.59			6.15			41.61
	—			(1.13	)		15.29		13.00			51,986		0.58			5.74			54.96

*	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.
(1)	The Fund commenced operations on November 14, 2016.

The accompanying notes are an integral part of the financial statements.

348

	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 ($)			Distribution from Capital Gains ($)
Global X NASDAQ 100^® Covered Call ETF⁽¹⁾
2022 (Unaudited)		22.82		0.01		(2.31	)		(2.30	)		(0.74	)		(0.50	)
2021		20.65		0.02		4.73			4.75			(2.58	)		—
2020		23.10		0.06		(0.06	)		—			(0.06	)		—
2019		23.45		0.06		1.95			2.01			(1.83	)		—
2018		24.30		0.07		1.71			1.78			(0.87	)		(0.11	)
2017		22.06		0.12		3.93			4.05			(1.81	)		—
Global X S&P 500^® Covered Call ETF⁽¹⁾
2022 (Unaudited)		50.37		0.20		(1.24	)		(1.04	)		(2.67	)		(0.11	)
2021		42.45		0.39		12.14			12.53			(4.61	)		—
2020		49.39		0.56		(4.17	)		(3.61	)		(0.58	)		—
2019		48.56		0.56		3.30			3.86			(2.27	)		(0.39	)
2018		50.10		0.62		1.88			2.50			(0.22	)		(1.22	)
2017⁽⁵⁾		47.62		0.34		2.67			3.01			(0.53	)		—
2017⁽⁶⁾		43.11		0.66		5.39			6.05			(1.54	)		—

The accompanying notes are an integral part of the financial statements.

349

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(1.24	)		19.28		(9.18	)		6,895,811		0.60	†		0.13	†		14.27
	—			(2.58	)		22.82		23.89			5,036,215		0.60			0.11			19.99
	(2.39	)		(2.45	)		20.65		0.21			1,325,642		0.67	⁽²⁾		0.27			27.87
	(0.53	)		(2.36	)		23.10		9.39			768,036		0.85	⁽²⁾		0.26			11.82
	(1.65	)		(2.63	)		23.45		7.44			395,202		0.68	⁽³⁾		0.30			15.00
	—			(1.81	)		24.30		19.04			157,980		0.60			0.53			4.00

	—			(2.78	)		46.55		(2.19	)		1,530,098		0.60	†		0.82	†		4.04
	—			(4.61	)		50.37		30.67			669,855		0.60			0.80			4.84
	(2.75	)		(3.33	)		42.45		(7.42	)		103,992		0.71	⁽⁴⁾		1.22			7.29
	(0.37	)		(3.03	)		49.39		8.40			133,353		0.87	⁽⁴⁾		1.16			3.92
	(2.60	)		(4.04	)		48.56		4.97			77,701		0.65			1.22			4.00
	—			(0.53	)		50.10		6.35			62,628		0.65	†		1.39	†		8.00
	—			(1.54	)		47.62		14.29			64,413		0.65			1.46			21.00

*	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.
(1)	The financial statements include the financial information of the Predecessor Funds through December 21, 2018 (See Note 1 in Notes to Financial Statements). As a result of the Reorganization, the Fund assumed the performance and accounting history of the Predecessor Fund. Accordingly, performance figures for the Fund for periods prior to the date of the Reorganization represent the performance of the Predecessor Fund.
(2)	Excluding broker fees on written options, the ratio of expenses to average net assets would have been 0.60% and 0.60% for the year ended October 31, 2020 and October 31, 2019, respectively. The ratio of Expenses to Average Net Assets includes the effect of a waiver. If these offsets were excluded, the ratio would have been 0.60% and 0.60% for the year ended October 31, 2020 and year ended October 31, 2019.
(3)	Includes excise tax. If this excise expense was not included, the ratio would have been 0.60%.
(4)	Excluding broker fees on written options, the ratio of expenses to average net assets would have been 0.64% and 0.65% for the year ended October 31, 2020 and year ended October 31, 2019, respectively The ratio of Expenses to Average Net Assets includes the effect of a waiver. If these offsets were excluded, the ratio would have been 0.64% and 0.65% for the year ended October 31, 2020 and year ended October 31, 2019.
(5)	Effective October 31, 2017, the Predecessor Fund changed its fiscal year end from April 30 to October 31. The information presented is from May 1, 2017 through October 31, 2017.
(6)	For the year or period ended April 30.

Amounts designated as “—” are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

350

	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 ($)			Distribution from Capital Gains ($)
Global X Russell 2000 Covered Call ETF
2022 (Unaudited)		25.18		0.09		(1.67	)		(1.58	)		(1.18	)		(0.31	)
2021		20.45		0.13		7.50			7.63			(2.90	)		—
2020		25.24		0.12		(2.51	)		(2.39	)		(0.11	)		(0.17	)
2019⁽²⁾		25.00		0.09		1.37			1.46			(1.22	)		—
Global X Dow 30^® Covered Call ETF
2022⁽³⁾(Unaudited)		24.13		0.03		0.59			0.62			(0.42	)		—
Global X Nasdaq 100^® Covered Call & Growth ETF
2022 (Unaudited)		33.09		0.02		(4.39	)		(4.37	)		(0.74	)		(1.60	)
2021		26.27		0.02		8.56			8.58			(1.76	)		—
2020⁽⁴⁾		26.30		—		0.11			0.11			—			—
Global X S&P 500^® Covered Call & Growth ETF
2022 (Unaudited)		31.83		0.13		(2.99	)		(2.86	)		(0.71	)		—
2021		24.69		0.22		8.29			8.51			(1.37	)		—
2020⁽⁴⁾		25.22		0.02		(0.41	)		(0.39	)		(0.02	)		—

The accompanying notes are an integral part of the financial statements.

351

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(1.49	)		22.11		(6.51	)		1,281,308		0.50	†⁽¹⁾		0.76	†		158.97
	—			(2.90	)		25.18		38.82			554,446		0.50	⁽¹⁾		0.53			8.94
	(2.12	)		(2.40	)		20.45		(9.18	)		21,475		0.56	⁽¹⁾		0.68			11.16
	—			(1.22	)		25.24		5.99			8,833		0.82	†⁽¹⁾		0.68	†		5.82

	—			(0.42	)		24.33		2.58			11,681		0.60	†		0.73	†		0.54

	—			(2.34	)		26.38		(14.18	)		60,144		0.60	†		0.11	†		9.83
	—			(1.76	)		33.09		33.42			44,671		0.60			0.06			11.21
	(0.14	)		(0.14	)		26.27		0.40			6,568		0.60	†		(0.10	)†		1.65

	—			(0.71	)		28.26		(5.91	)		35,330		0.60	†		0.84	†		3.70
	—			(1.37	)		31.83		35.18			35,018		0.60			0.74			12.17
	(0.12	)		(0.14	)		24.69		(1.60	)		3,704		0.60	†		0.75	†		0.75

*	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.
(1)	Excluding broker fees on written options, the ratio of expenses to average net assets would have been 0.60% for the period ended April 30, 2022 to the year ended October 31, 2019, respectively. The ratio of Expenses to Average Net Assets includes the effect of a waiver. If these offsets were excluded, the ratio would have been 0.79%, 0.60%, 0.68% and 0.97% for the period ended April 30, 2022 to the year ended October 31, 2019, respectively.
(2)	The Fund commenced operations on April 17, 2019.
(3)	The Fund commenced operations on February 23, 2022.
(4)	The Fund commenced operations on September 18, 2020.

Amounts designated as “—” are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

352

	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 ($)			Distribution from Capital Gains ($)
Global X SuperIncome™ Preferred ETF
2022 (Unaudited)		11.94		0.30		(1.17	)		(0.87	)		(0.34	)		—
2021		11.12		0.61		0.89			1.50			(0.68	)		—
2020		11.73		0.60		(0.53	)		0.07			(0.65	)		—
2019		11.49		0.66		0.32			0.98			(0.73	)		—
2018		12.44		0.78		(0.88	)		(0.10	)		(0.85	)		—
2017		13.16		0.82		(0.65	)		0.17			(0.85	)		—
Global X Renewable Energy Producers ETF
2022 (Unaudited)		16.82		0.08		(1.86	)		(1.78	)		(0.07	)		—
2021		14.87		0.23		2.05			2.28			(0.30	)		(0.03	)
2020		13.79		0.41		1.13			1.54			(0.46	)		—
2019		11.52		0.13		2.61			2.74			(0.47	)		—
2018		12.53		0.37		(0.80	)		(0.43	)		(0.50	)		—
2017		11.16		0.28		1.59			1.87			(0.50	)		—
Global X S&P 500^® Catholic Values ETF
2022 (Unaudited)		57.22		0.30		(6.56	)		(6.26	)		(0.31	)		(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	)
2019		33.59		0.58		3.92			4.50			(0.81	)		(0.05	)
2018		31.83		0.58		1.60			2.18			(0.41	)		(0.01	)
2017		25.74		0.48		5.74			6.22			(0.13	)			***

The accompanying notes are an integral part of the financial statements.

353

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(0.34	)		10.73		(7.43	)		205,102		0.58	†		5.39	†		15.29
	—			(0.68	)		11.94		13.71			234,953		0.58			5.13			98.47
	(0.03	)		(0.68	)		11.12		0.81			184,015		0.58			5.47			67.65
	(0.01	)		(0.74	)		11.73		8.87			201,092		0.58			5.72			55.98
	—			(0.85	)		11.49		(0.87	)		186,154		0.58			6.48			105.48
	(0.04	)		(0.89	)		12.44		1.31			236,331		0.58			6.39			45.12

	—			(0.07	)		14.97		(10.54	)		119,649		0.65	†		1.10	†		6.56
	—			(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
	—			(0.47	)		13.79		24.34			26,205		0.65			1.01			87.06
	(0.08	)		(0.58	)		11.52		(3.50	)		15,556		0.65			3.07			33.50
	—			(0.50	)		12.53		17.30			20,046		0.65			2.37			25.99

	—			(0.39	)		50.57		(11.04	)		593,746		0.29	†		1.09	†		4.50
	—			(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
	—			(0.86	)		37.23		13.86			275,511		0.29			1.66			8.54
	—			(0.42	)		33.59		6.86			147,789	0.29		^@		1.72			4.33
	—			(0.13	)		31.83		24.27			114,581	0.29		^@		1.64			6.09

@	The ratio of Expenses to Average Net Assets includes the effect of a waiver. If these offsets were excluded, the ratio would have been 0.32% and 0.39%, for the years ended October 31, 2018 and 2017, respectively.
*	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.
***	Amount rounds to less than $0.005.
†	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 accompanying notes are an integral part of the financial statements.

354

	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 ($)			Distribution from Capital Gains ($)
Global X S&P Catholic Values Developed ex-U.S. ETF
2022 (Unaudited)		32.80		0.39		(5.21	)		(4.82	)		(0.40	)		(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 Guru^® Index ETF
2022 (Unaudited)		50.24		—		(13.15	)		(13.15	)		(0.04	)		—
2021		37.31		0.69		13.14			13.83			(0.90	)		—
2020		34.02		0.33		3.32			3.65			(0.34	)		—
2019		30.09		0.12		4.02			4.14			(0.17	)		—
2018		28.70		0.11		1.44			1.55			(0.16	)		—
2017		23.14		0.14		5.47			5.61			(0.05	)		—
Global X S&P 500^® Tail Risk ETF
2022 (Unaudited)		27.72		0.11		(2.99	)		(2.88	)		(0.07	)		(0.58	)
2021⁽²⁾		27.33		0.03		0.36			0.39			—			—

The accompanying notes are an integral part of the financial statements.

355

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(0.77	)		27.21		(15.03	)		6,258		0.35	†		2.58	†		8.99
	—			(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

	—			(0.04	)		37.05		(26.19	)		53,723		0.75	†		0.02	†		59.65
	—			(0.90	)		50.24		37.43			75,856		0.75			1.47			121.91
	(0.02	)		(0.36	)		37.31		10.84			55,961		0.75			0.96			124.90
	(0.04	)		(0.21	)		34.02		13.90			56,134		0.75			0.38			126.44
	—			(0.16	)		30.09		5.40			57,180		0.75			0.36			112.64
	—			(0.05	)		28.70		24.30			55,956		0.75			0.54			94.71

	—			(0.65	)		24.19		(10.71	)		3,145		0.60	†		0.81	†		0.96
	—			—			27.72		1.43			3,604		0.60	†		0.58	†		6.21

*	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.
(1)	The Fund commenced operations on June 22, 2020.
(2)	The Fund commenced operations on August 25, 2021.

Amounts designated as “—” are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

356

	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 ($)			Distribution from Capital Gains ($)
Global X S&P 500^® Risk Managed Income ETF
2022 (Unaudited)		26.83		0.10			(1.27	)		(1.17	)		(1.25	)		(0.07	)
2021⁽¹⁾		26.77		0.03			0.39			0.42			(0.36	)		—
Global X S&P 500^® Collar 95-110 ETF
2022 (Unaudited)		27.57		0.11			(2.71	)		(2.60	)		(0.07	)		(0.40	)
2021⁽¹⁾		27.28		0.03			0.26			0.29			—			—
Global X NASDAQ 100^® Tail Risk ETF
2022 (Unaudited)		25.59		0.02			(4.46	)		(4.44	)		—			(0.49	)
2021⁽¹⁾		25.13		(0.01	)		0.47			0.46			—			—

The accompanying notes are an integral part of the financial statements.

357

	Financial Highlights

Return of Capital ($)		Total from Distributions ($)			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 (%)††

	—		(1.32	)		24.34		(4.49	)		22,395		0.60	†		0.82	†		3.67
	—		(0.36	)		26.83		1.60			5,902		0.60	†		0.57	†		7.08

	—		(0.47	)		24.50		(9.62	)		3,920		0.60	†		0.80	†		1.65
	—		—			27.57		1.06			3,308		0.60	†		0.58	†		6.44

	—		(0.49	)		20.66		(17.72	)		2,066		0.60	†		0.13	†		5.37
	—		—			25.59		1.83			3,326		0.60	†		(0.12	)†		1.71

*	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.
(1)	The Fund commenced operations on August 25, 2021.

Amounts designated as “—” are $0 or have been rounded to $0.

The accompanying notes are an integral part of the financial statements.

358

	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 ($)			Distribution from Capital Gains ($)
Global X NASDAQ 100^® Risk Managed Income ETF
2022 (Unaudited)		24.12		0.01			(2.36	)		(2.35	)		(0.96	)		—
2021⁽¹⁾		24.60		(0.01	)		(0.16	)		(0.17	)		—			—
Global X NASDAQ 100^® Collar 95-110 ETF
2022 (Unaudited)		25.78		0.01			(2.90	)		(2.89	)		—			(0.42	)
2021⁽¹⁾		25.27		(0.01	)		0.52			0.51			—			—

The accompanying notes are an integral part of the financial statements.

359

	Financial Highlights

Return of Capital ($)			Total from Distributions ($)			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 (%)††

	—			(0.96	)		20.81		(10.00	)		12,485		0.60	†		0.09	†		11.31
	(0.31	)		(0.31	)		24.12		(0.69	)		4,341		0.60	†		(0.15	)†		2.16

	—			(0.42	)		22.47		(11.42	)		4,044		0.60	†		0.08	†		7.59
	—			—			25.78		2.06			2,836		0.60	†		(0.11	)†		2.11

*	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.
(1)	The Fund commenced operations on August 25, 2021.

The accompanying notes are an integral part of the financial statements.

360

	Notes to Financial Statements
	April 30, 2022 (Unaudited)

1. ORGANIZATION

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, as amended, as an open-end management investment company. As of April 30, 2022, the Trust had one hundred and two portfolios, ninety-four of which were operational. The financial statements herein and the related notes pertain to the Global X Social Media ETF, Global X Lithium & Battery Tech ETF, Global X Disruptive Materials ETF, Global X E-commerce ETF, Global X Emerging Markets Internet & E-commerce ETF, Global X SuperDividend^® ETF, Global X SuperDividend^® U.S. ETF, Global X MSCI SuperDividend^® EAFE ETF, Global X MSCI SuperDividend^® Emerging Markets ETF, Global X SuperDividend^® REIT ETF, Global X NASDAQ 100^® Covered Call ETF, Global X S&P 500^® Covered Call ETF, Global X Russell 2000 Covered Call ETF, Global X Dow 30^® Covered Call ETF, Global X Nasdaq 100^® Covered Call & Growth ETF, Global X S&P 500^® Covered Call & Growth ETF, Global X SuperIncome™ Preferred ETF, Global X Renewable Energy Producers ETF, Global X S&P 500^® Catholic Values ETF, Global X S&P Catholic Values Developed ex-U.S. ETF, Global X Guru^® Index ETF, Global X S&P 500^® Tail Risk ETF, Global X S&P 500^® Risk Managed Income ETF, Global X S&P 500^® Collar 95-110 ETF, Global X NASDAQ 100^® Tail Risk ETF, Global X NASDAQ 100^® Risk Managed Income ETF and Global X NASDAQ 100^® Collar 95-110 ETF (each a “Fund”, 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 SuperIncome^TM Preferred ETF, Global X Guru^® Index ETF, Global X S&P 500^® Catholic Values ETF, Global X Russell 2000 Covered Call ETF, Global X Dow 30^® Covered Call ETF, Global X S&P 500^® Covered Call ETF, Global X S&P 500^®Covered Call & Growth ETF, Global X S&P 500^® Tail Risk ETF, Global X S&P 500^® Risk Managed Income ETF, and Global X S&P 500^® Collar 95-110 ETF) has elected non-diversified status.

Global X Disruptive Materials ETF commenced operations on January 24, 2022.

Global X Dow 30^® Covered Call ETF commenced operations on February 23, 2022.

On December 24, 2018, the shareholders of the Horizons NASDAQ 100^® Covered Call ETF and Horizons S&P 500^® Covered Call ETF (each, a “Predecessor Fund” and together, the “Predecessor Funds”) approved a proposed agreement and plan of reorganization (the “Reorganization”) that provided for (a) the transfer of all the assets and assumption of certain of the liabilities of each Predecessor Fund to the Global X Nasdaq 100^® Covered Call ETF and the Global X S&P 500^® Covered Call ETF (together, the “Successor Funds”), respectively; (b) the issuance of shares of the Successor Fund to the shareholders of the corresponding Predecessor Fund; and (c) the liquidation and termination of the Predecessor Funds. The effective date of the Reorganization of each Predecessor Fund was December 24, 2018. The Successor Funds had no operations prior

361

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

1. ORGANIZATION (continued)

to the Reorganization. The Predecessor Funds had substantially similar investment objectives, investment strategies, policies and restrictions as those of the Successor Funds. The financial statements and financial highlights include the financial information of the Predecessor Funds through December 21, 2018.

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. 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.

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.

362

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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.

SECURITY VALUATION - Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on 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 EST 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. 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 may be valued at their amortized cost, which approximates market value. 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. Prices for most securities held in 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.

363

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

Securities for which market prices are not “readily available” are valued in accordance with fair value procedures (the “Fair Value Procedures”) established by the Board of Trustees (the “Board”) of the Trust. The Funds’ Fair Value Procedures are implemented through a fair value committee (the “Committee”) designated by the Board. 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 the Funds calculate their net asset values. A 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 Global X Management Company LLC, the Funds’ investment advisor (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 net asset values, 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. As of April 30, 2022 the following Funds had fair valued securities:

Fund	Fair Valued Amount
Global X Social Media ETF	$	1,422
Global X SuperDividend^® ETF		31,925,845
Global X MSCI SuperDividend^® Emerging Markets ETF		1,403,134
Global X Renewable Energy Producers ETF		330,300
Global X S&P Catholic Values Developed ex-U.S. ETF		2,092

There were no other securities priced using the Fair Value Procedures.

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 to sell 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

364

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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 net asset value 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 net asset value as of the measurement date or within the near term)

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 the period ended April 30, 2022, there have been no significant changes to the Funds’ fair valuation methodologies.

The following table summarizes the quantitative inputs and assumptions used for items categorized as material Level 3 investments as of April 30, 2022. The disclosures below also include qualitative information on the sensitivity of the fair value measurements to changes in the significant unobservable inputs.

365

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

Global X SuperDividend^® ETF

Assets	Fair Value at 4/30/22	Valuation Technique(s)	Unobservable Input	Discount Percentage
Common Stock	$75,192	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	-6332.4%
Common Stock	$42,952	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	-10358.5%
Common Stock	$424,610	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$636,489	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$401,942	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$484,068	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$9,949,897	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	10.0%
Common Stock	$9,870,534	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	10.0%
Common Stock	$10,040,161	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	10.0%

Global X MSCI SuperDividend^® Emerging Markets ETF

Assets	Fair Value at 4/30/22	Valuation Technique(s)	Unobservable Input	Discount Percentage
Common Stock	$22,243	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	-6332.4%
Common Stock	$9,467	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	-10358.5%
Common Stock	$112,075	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$110,799	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$148,759	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$135,467	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	90.0%
Common Stock	$555,824	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	10.0%
Common Stock	$308,499	Discount from the Last Traded Price	Last Traded Price Comparability Adjustment %	30.0%

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.

366

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

DUE TO/FROM BROKERS – Due to/from brokers includes cash and collateral balances with the Funds’ clearing brokers or counterparties as of April 30, 2022. 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 by BNP Paribas are held by Brown Brothers Harriman & Co. (“BBH”), the Funds’ custodian (“Custodian”), 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 the Funds’ 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 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 (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 (“MRA”) which permit the Funds, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under an MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Funds.

As of April 30, 2022, the open repurchase agreements by counterparty which are subject to an MRA on a net payment basis are as follows:

Repurchase Agreements*

Fair Value of Non-cash Collateral Received⁽¹⁾

Cash Collateral Received

Net Amount⁽²⁾

Global X Social Media ETF

BNP Paribas

1,849,932

−

Global X Lithium & Battery Tech ETF

BNP Paribas

73,687,127

−

367

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

Repurchase Agreements*

Fair Value of Non-cash Collateral Received⁽¹⁾

Cash Collateral Received

Net Amount⁽²⁾

Global X E-commerce ETF

BNP Paribas

1,099,688

−

Global X SuperDividend^® ETF

BNP Paribas

29,481,944

−

Global X SuperDividend^® U.S. ETF

BNP Paribas

9,420,766

−

Global X SuperDividend^® REIT ETF

BNP Paribas

6,101,856

−

Global X SuperIncome™ Preferred ETF

BNP Paribas

984,872

−

Global X Renewable Energy Producers ETF

BNP Paribas

350,210

−

Global X Guru^® Index ETF

BNP Paribas

507,915

−

*	Repurchase agreements with an overstated and continous maturity.
(1)	Excess collateral received is not presented in the table above. Please refer to the Schedules of Investments for the market value of the collateral received for each Fund.
(2)	Net Amount represents the net amount receivable due from the counterparty in the event of default.

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 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.

368

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

As of and during the reporting period ended April 30, 2022, 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 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.

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 the investment income and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent amounts actually received or paid.

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 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 “Creation Units”. Purchasers of Creation Units (“Authorized Participants”) at NAV must pay a standard creation transaction fee per transaction. The fee is a single

369

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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 BBH, 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		Value at April 30, 2022		Redemption Fee
Global X Social Media ETF		10,000	$	300	$	383,600	$	300
Global X Lithium & Battery Tech ETF		10,000		1,500		664,500		1,500
Global X Disruptive Materials ETF		10,000		800		226,200		800
Global X E-commerce ETF		10,000		500		195,200		500
Global X Emerging Markets Internet & E-commerce ETF		10,000		800		73,000		800
Global X SuperDividend^® ETF		10,000		2,000		106,600		2,000
Global X SuperDividend^® U.S. ETF		10,000		150		202,600		150
Global X MSCI SuperDividend^® EAFE ETF		10,000		1,000		149,300		1,000
Global X MSCI SuperDividend^® Emerging Markets ETF		10,000		1,600		95,300		3,000
Global X SuperDividend^® REIT ETF		10,000		250		87,400		250
Global X NASDAQ 100^® Covered Call ETF		10,000		500		192,800		500
Global X S&P 500^® Covered Call ETF		10,000		2,000		465,500		2,000
Global X Russell 2000 Covered Call ETF		10,000		250		221,100		250
Global X Dow 30^® Covered Call ETF		10,000		250		243,300		250
Global X Nasdaq 100^® Covered Call & Growth ETF		10,000		500		263,800		500
Global X S&P 500^® Covered Call & Growth ETF		10,000		1,500		282,600		1,500
Global X SuperIncome™ Preferred ETF		10,000		300		107,300		300
Global X Renewable Energy Producers ETF		10,000		800		149,700		500
Global X S&P 500^® Catholic Values ETF		10,000		1,300		505,700		1,300
Global X S&P Catholic Values Developed ex-U.S. ETF		10,000		8,900		272,100		8,900
Global X Guru^® Index ETF		10,000		250		370,500		250
Global X S&P 500^® Tail Risk ETF		10,000		2,000		241,900		2,000
Global X S&P 500^® Risk Managed Income ETF		10,000		2,000		243,400		2,000
Global X S&P 500^® Collar 95-110 ETF		10,000		2,000		245,000		2,000
Global X NASDAQ 100^® Tail Risk ETF		10,000		500		206,600		500
Global X NASDAQ 100^® Risk Managed Income ETF		10,000		500		208,100		500
Global X NASDAQ 100^® Collar 95-110 ETF		10,000		500		224,700		500

CASH OVERDRAFT CHARGES – Per the terms of an agreement with BBH, if a Fund has a cash overdraft on a given day, it will be assessed an overdraft charge of LIBOR plus 2.00%. Cash overdraft charges are included in custodian fees on the Statements of Operations.

370

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

3. RELATED PARTY TRANSACTIONS 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, which is a leading financial services company in Korea and is the headquarters for the Mirae Asset Global Investments Group.

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 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 the Fund). 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 Funds, such as taxes, brokerage fees, commissions, 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 Social Media ETF		0.65	%
Global X Lithium & Battery Tech ETF		0.75	%
Global X Disruptive Materials ETF		0.59	%
Global X E-commerce ETF		0.50	%
Global X Emerging Markets Internet & E-commerce ETF		0.65	%
Global X SuperDividend^® ETF		0.58	%
Global X SuperDividend^® U.S. ETF		0.45	%
Global X MSCI SuperDividend^® EAFE ETF		0.55	%
Global X MSCI SuperDividend^® Emerging Markets ETF		0.65	%
Global X SuperDividend^® REIT ETF		0.58	%

371

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

3. RELATED PARTY TRANSACTIONS AND SERVICE PROVIDER TRANSACTIONS (continued)

	Supervision and Administration Fee
Global X NASDAQ 100^® Covered Call ETF		0.60	%
Global X S&P 500^® Covered Call ETF*		0.60	%
Global X Russell 2000 Covered Call ETF**		0.60	%
Global X Dow 30^® Covered Call ETF		0.60	%
Global X Nasdaq 100^® Covered Call & Growth ETF		0.60	%
Global X S&P 500^® Covered Call & Growth ETF		0.60	%
Global X SuperIncomeTM Preferred ETF		0.58	%
Global X Renewable Energy Producers ETF		0.65	%
Global X S&P 500^® Catholic Values ETF***		0.29	%
Global X S&P Catholic Values Developed ex-U.S. ETF		0.35	%
Global X Guru^® Index ETF		0.75	%
Global X S&P 500^® Tail Risk ETF		0.60	%
Global X S&P 500^® Risk Managed Income ETF		0.60	%
Global X S&P 500^® Collar 95-110 ETF		0.60	%
Global X NASDAQ 100^® Tail Risk ETF		0.60	%
Global X NASDAQ 100^® Risk Managed Income ETF		0.60	%
Global X NASDAQ 100^® Collar 95-110 ETF		0.60	%

*Pursuant to an expense limitation agreement in existence between the Global X S&P 500^®Covered Call ETF (the “Fund”) and the Adviser, the Adviser agreed to reimburse or waive fees and/or limit Fund expenses to the extent necessary to assure that the operating expenses of the Fund, exclusive of taxes, commissions, and other transaction expenses, interest, and extraordinary expenses (such as litigation and indemnification expenses) will not exceed 0.60% of the Fund’s average daily net assets per year, effective August 21, 2020, until at least March 1, 2022.

**Pursuant to an expense limitation agreement in existence between the Global X Russell 2000 Covered Call ETF (the “Fund”) and the Adviser, the Adviser agreed to waive or reimburse fees and/or limit Fund expenses to the extent necessary to assure that the operating expenses of the Fund, exclusive of taxes, brokerage fees, commissions, and other transaction expenses, interest, and extraordinary expenses (such as litigation and indemnification expenses) will not exceed 0.60% of the Fund’s average daily net assets per year, effective March 1, 2022, until at least March 1, 2023.

***Pursuant to an expense limitation agreement in existence between the Global X S&P 500^® Catholic Values ETF (the “Fund”) and the Adviser prior to March 1, 2018, the Adviser agreed to waive or reimburse fees and/or limit fund expenses to the extent necessary to assure that the operating expenses of the Fund (exclusive of taxes, brokerage fees, commissions, and other transaction expenses and extraordinary expenses (such as litigation and indemnification expenses) (“Total Annual Fund Operating Expenses”) would not exceed 0.29% of the Fund’s average daily net assets per year until at least March 1, 2018. Pursuant to the expense limitation agreement, the Fund (at a later date) could reimburse the Adviser for the fees and expenses it waived or reimbursed

372

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

3. RELATED PARTY TRANSACTIONS AND SERVICE PROVIDER TRANSACTIONS (continued)

and/or limited during any of the prior three fiscal years, provided that, among other things, any reimbursement made to the Adviser would not cause Total Annual Fund Operating Expenses to exceed the maximum permitted rate during the period in which it is paid and the Board had approved such reimbursement to the Adviser. Although the Board voted on December 19, 2017, to permanently reduce the Fund’s fees to 0.29% and end the expense limitation agreement as of March 1, 2018, prior waived or reimbursed fees are still subject to recoupment. As of October 31, 2021, the amounts of waivers/reimbursements subject to recoupment for the Fund were $0 expiring in 2022, $43,032 expiring 2021 and $88,406 expiring 2020. As of October 31, 2021 there had been no recoupment of previously waived and reimbursed fees.

SEI Investments Global Funds Services (“SEIGFS”) serves as sub-administrator to the Funds. As sub-administrator, SEIGFS provides the Funds with 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 each Fund’s underwriter and distributor of Creation Units pursuant to a distribution agreement. SIDCO has no obligation to sell any specific quantity of Fund Shares.

SIDCO bears the following costs and expenses relating to the distribution of Shares: (1) the costs of processing and maintaining records of creations of Creation Units; (2) all costs of maintaining the records required of a registered broker/dealer; (3) the expenses of maintaining its registration or qualification as a dealer or broker under federal or state laws; (4) filing fees; and (5) 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 Funds’ assets. As Custodian, BBH has agreed to (1) make receipts and disbursements of money on behalf of the Funds; (2) collect and receive all income and other payments and distributions on account of the Funds’ portfolio investments; (3) respond to correspondence from shareholders, security brokers and others relating to its duties; and (4) 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 transfer agent, BBH has agreed to (1) issue and redeem Shares of each Fund; (2) make dividend and other distributions to shareholders of each Fund; (3) respond to correspondence by shareholders and others relating to its

373

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

3. RELATED PARTY TRANSACTIONS AND SERVICE PROVIDER TRANSACTIONS (continued)

duties; (4) maintain shareholder accounts; and (5) 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.

4. INVESTMENT TRANSACTIONS

For the period ended April 30, 2022, 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 Social Media ETF	$	23,652,484	$	28,477,344
Global X Lithium & Battery Tech ETF		479,016,068		209,478,212
Global X Disruptive Materials ETF		1,983,902		287,923
Global X E-commerce ETF		18,320,255		19,238,300
Global X Emerging Markets Internet & E-commerce ETF		402,596		421,763
Global X SuperDividend^® ETF		515,226,261		497,304,478
Global X SuperDividend^® U.S. ETF		227,872,384		238,574,595
Global X MSCI SuperDividend^® EAFE ETF		1,406,021		1,564,936
Global X MSCI SuperDividend^® Emerging Markets ETF		34,069,500		18,975,570
Global X SuperDividend^® REIT ETF		287,091,959		294,280,955
Global X NASDAQ 100^® Covered Call ETF		922,997,748		903,280,957
Global X S&P 500^® Covered Call ETF		52,566,995		42,974,045
Global X Russell 2000 Covered Call ETF		1,578,445,727		1,506,281,037
Global X Dow 30^® Covered Call ETF		99,115		36,981
Global X Nasdaq 100^® Covered Call & Growth ETF		5,408,058		7,511,789
Global X S&P 500^® Covered Call & Growth ETF		1,418,724		2,279,566
Global X SuperIncome™ Preferred ETF		33,666,440		33,997,488
Global X Renewable Energy Producers ETF		8,595,129		10,476,431
Global X S&P 500^® Catholic Values ETF		27,872,246		27,945,912
Global X S&P Catholic Values Developed ex-U.S. ETF		508,556		440,347
Global X Guru^® Index ETF		38,721,456		38,689,241
Global X S&P 500^® Tail Risk ETF		32,640		207,416
Global X S&P 500^® Risk Managed Income ETF		596,534		1,071,412
Global X S&P 500^® Collar 95-110 ETF		58,329		223,021
Global X NASDAQ 100^® Tail Risk ETF		190,099		337,971
Global X NASDAQ 100^® Risk Managed Income ETF		1,437,954		1,330,630
Global X NASDAQ 100^® Collar 95-110 ETF		317,225		272,597

For the period ended April 30, 2022, there were no purchases and sales of long-term U.S. Government securities.

374

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

4. INVESTMENT TRANSACTIONS (continued)

For the year ended April 30, 2022, in-kind transactions associated with creations and redemptions were:

2022	Purchases		Sales and Maturities		Realized Gain/(Loss)
Global X Social Media ETF	$	–	$	39,028,748	$	5,579,805
Global X Lithium & Battery Tech ETF		359,413,113		150,257,553		60,932,744
Global X Disruptive Materials ETF		4,336,469		509,556		87,063
Global X E-commerce ETF		21,340,199		69,973,380		(4,089,851	)
Global X Emerging Markets Internet & E-commerce ETF		–		155,764		(74,102	)
Global X SuperDividend^® ETF		42,981,153		13,630,773		2,123,896
Global X SuperDividend^® U.S. ETF		60,359,489		33,948,865		6,290,804
Global X MSCI SuperDividend^® EAFE ETF		–		2,347,252		237,029
Global X MSCI SuperDividend^® Emerging Markets ETF		5,459,847		–		–
Global X SuperDividend^® REIT ETF		–		52,830,805		5,766,949
Global X NASDAQ 100^® Covered Call ETF		3,036,360,454		59,498,085		35,607,464
Global X S&P 500^® Covered Call ETF		988,088,480		7,489,656		3,177,962
Global X Russell 2000 Covered Call ETF		866,308,451		–		–
Global X Dow 30^® Covered Call ETF		12,093,372		–		–
Global X Nasdaq 100^® Covered Call & Growth ETF		42,835,790		13,511,831		2,786,272
Global X S&P 500^® Covered Call & Growth ETF		12,131,893		7,595,503		1,221,822
Global X SuperIncome™ Preferred ETF		5,538,221		12,292,107		408,150
Global X Renewable Energy Producers ETF		21,218,635		30,613,911		3,936,041
Global X S&P 500^® Catholic Values ETF		96,605,186		19,939,999		7,777,570
Global X S&P Catholic Values Developed ex-U.S. ETF		2,851,073		–		–
Global X Guru^® Index ETF		2,090,830		4,688,185		660,080
Global X S&P 500^® Tail Risk ETF		–		–		–
Global X S&P 500^® Risk Managed Income ETF		18,385,915		–		–
Global X S&P 500^® Collar 95-110 ETF		1,001,485		–		–
Global X NASDAQ 100^® Tail Risk ETF		1,334,937		1,934,246		(38,325	)
Global X NASDAQ 100^® Risk Managed Income ETF		12,751,338		2,603,748		36,646
Global X NASDAQ 100^® Collar 95-110 ETF		1,704,952		–		–

For the year or period ended October 31, 2021, in-kind transactions associated with creations and redemptions were:

2021	Purchases		Sales and Maturities		Realized Gain/(Loss)
Global X Social Media ETF	$	249,814,697	$	161,825,652	$	104,250,876
Global X Lithium & Battery Tech ETF		1,301,530,281		366,384,618		234,758,649
Global X E-commerce ETF		154,359,054		55,200,159		21,442,562
Global X Emerging Markets Internet & E-commerce ETF		5,524,406		757,687		(121,392	)
Global X SuperDividend^® ETF		116,148,336		4,825,925		1,306,373
Global X SuperDividend^® U.S. ETF		141,063,730		33,098,332		5,304,331
Global X MSCI SuperDividend^® EAFE ETF		4,473,039		929,987		89,950
Global X MSCI SuperDividend^® Emerging Markets ETF		12,009,994		–		–
Global X SuperDividend^® REIT ETF		109,800,947		53,971,417		11,010,490
Global X NASDAQ 100^® Covered Call ETF		3,619,325,170		26,690,549		15,759,156
Global X S&P 500^® Covered Call ETF		548,443,411		7,302,890		2,537,496
Global X Russell 2000 Covered Call ETF		533,979,476		501,604		234,461
Global X Nasdaq 100^® Covered Call & Growth ETF		38,168,292		2,820,576		245,511
Global X S&P 500^® Covered Call & Growth ETF		33,475,572		4,125,677		427,939
Global X SuperIncome™ Preferred ETF		44,678,336		7,476,659		831,987
Global X Renewable Energy Producers ETF		103,945,368		48,932,053		11,012,881

375

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

4. INVESTMENT TRANSACTIONS (continued)

2021

Purchases

Sales and Maturities

Realized Gain/(Loss)

Global X S&P 500^® Catholic Values ETF

124,592,947

80,395,996

39,980,846

Global X S&P Catholic Values Developed ex-U.S. ETF

930,692

–

Global X Guru^® Index ETF

22,438,467

22,168,067

6,600,357

Global X S&P 500^® Tail Risk ETF

3,506,784

–

Global X S&P 500^® Risk Managed Income ETF

5,908,307

–

Global X S&P 500^® Collar 95-110 ETF

3,242,149

–

Global X NASDAQ 100^® Tail Risk ETF

3,252,445

–

Global X NASDAQ 100^® Risk Managed Income ETF

4,512,650

–

Global X NASDAQ 100^® Collar 95-110 ETF

2,796,085

–

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.

376

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

4. INVESTMENT TRANSACTIONS (continued)

The Global X NASDAQ 100^® Covered Call ETF, Global X S&P 500^® Covered Call ETF, Global X Russell 2000 Covered Call ETF, Global X Dow 30^® Covered Call ETF, Global X Nasdaq 100^® Covered Call & Growth ETF, Global X S&P 500^® Covered Call & Growth ETF, Global X S&P 500^® Tail Risk ETF, Global X S&P 500^® Risk Managed Income ETF, Global X S&P 500^® Collar 95-110 ETF, Global X Nasdaq 100^® Tail Risk ETF, Global X Nasdaq 100^® Risk Managed Income ETF, and Global X Nasdaq 100^® Collar 95-110 ETF may write covered call and/or put options that correspond to their respective reference index. By writing a covered 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.

For the period ended April 30, 2022, all options were subject to Equity Risk.

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 change in unrealized appreciation/(depreciation) on options contracts in the Statements of Operations.

For the period ended April 30, 2022, the monthly average cost of the written and purchased options contracts held by the Funds were as follows:

Fund Name	Short Average			Short End			Long Average		Long End
Global X NASDAQ 100^® Covered Call ETF	$	(174,311,360	)	$	(216,847,049	)	$	−	$	−
Global X S&P 500^® Covered Call ETF		(23,477,960	)		(32,844,397	)		−		−
Global X Russell 2000 Covered Call ETF		(27,093,842	)		(36,166,352	)		−		−
Global X Dow 30^® Covered Call ETF		(107,247	)		(193,673	)		−		−
Global X Nasdaq 100^® Covered Call & Growth ETF		(759,927	)		(949,118	)		−		−
Global X S&P 500^® Covered Call & Growth ETF		(394,351	)		(378,527	)		−		−
Global X S&P 500^® Tail Risk ETF		−			−			53,730		54,491
Global X S&P 500^® Risk Managed Income ETF		(376,888	)		(481,741	)		198,790		246,115
Global X S&P 500^® Collar 95-110 ETF		(9,502	)		(17,053	)		92,772		106,455
Global X NASDAQ 100^® Tail Risk ETF		−			−			85,908		42,600
Global X NASDAQ 100^® Risk Managed Income ETF		(340,746	)		(288,606	)		215,631		262,240
Global X NASDAQ 100^® Collar 95-110 ETF		(36,869	)		(54,880	)		111,895		130,540

5. 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, 2021. Accordingly, the disclosures are for informational use by shareholders and are subject to change attributable to activity through the end of the tax year ending December 31, 2021.

377

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

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 years or periods ended October 31, 2021 and October 31, 2020 were as follows:

Global X Funds	Ordinary Income		Long-Term Capital Gain		Return of Capital		Totals
Global X Social Media ETF
2021	$	–	$	–	$	–	$	–
2020		–		–		–		–
Global X Lithium & Battery Tech ETF
2021	$	4,617,167	$	–	$	–	$	4,617,167
2020		7,964,116		–		–		7,964,116
Global X E-commerce ETF
2021	$	1,105,636	$	–	$	–	$	1,105,636
2020		11,908		–		–		11,908
Global X Emerging Markets Internet & E-commerce ETF
2021	$	–	$	–	$	–	$	–
Global X SuperDividend^® ETF
2021	$	65,648,210	$	–	$	–	$	65,648,210
2020		57,676,007		–		6,836,903		64,512,910
Global X SuperDividend^® U.S. ETF
2021	$	31,364,614	$	–	$	3,660,741	$	35,025,355
2020		28,896,892		–		9,790,983		38,687,875
Global X MSCI SuperDividend^® EAFE ETF
2021	$	542,165	$	–	$	–	$	542,165
2020		454,057		–		119,148		573,205
Global X MSCI SuperDividend^®Emerging Markets ETF
2021	$	2,831,439	$	–	$	–	$	2,831,439
2020		1,074,084		–		222,316		1,296,400
Global X SuperDividend^® REIT ETF
2021	$	21,690,155	$	–	$	9,729,725	$	31,419,880
2020		17,057,314		482,944		2,127,168		19,667,426
Global X NASDAQ 100^®Covered Call ETF
2021	$	320,053,733	$	–	$	–	$	320,053,733
2020		2,834,579		–		117,268,361		120,102,940
Global X S&P 500^® Covered Call ETF
2021	$	26,627,258	$	–	$	–	$	26,627,258
2020		1,539,799		–		7,321,411		8,861,210

378

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

Global X Funds	Ordinary Income		Long-Term Capital Gain		Return of Capital		Totals
Global X Russell 2000 Covered Call ETF
2021	$	21,788,088	$	–	$	–	$	21,788,088
2020		82,683		74,655		1,449,526		1,606,864
Global X Nasdaq 100^® Covered Call & Growth ETF
2021	$	919,727	$	–	$	–	$	919,727
2020		–		–		20,955		20,955
Global X S&P 500^® Covered Call & Growth ETF
2021	$	376,497	$	–	$	–	$	376,497
2020		2,931		–		16,682		19,613
Global X SuperIncome™ Preferred ETF
2021	$	12,037,890	$	–	$	–	$	12,037,890
2020		10,818,268		–		549,532		11,367,800
Global X Renewable Energy Producers ETF
2021	$	1,677,449	$	177,538	$	–	$	1,854,987
2020		1,352,385		–		–		1,352,385
Global X S&P 500^® Catholic Values ETF
2021	$	5,511,704	$	–	$	–	$	5,511,704
2020		4,513,893		128,757		–		4,642,650
Global X S&P Catholic Values Developed ex-U.S. ETF
2021	$	59,322	$	–	$	–	$	59,322
2020		–		–		–		–
Global X Guru^® Index ETF
2021	$	1,352,859	$	–	$	–	$	1,352,859
2020		538,248		–		28,732		566,980
Global X S&P 500^® Tail Risk ETF
2021	$	–	$	–	$	–	$	–
Global X S&P 500^® Risk Managed Income ETF
2021	$	51,640	$	–	$	–	$	51,640
Global X S&P 500^® Collar 95-110 ETF
2021	$	–	$	–	$	–	$	–
Global X NASDAQ 100^® Tail Risk ETF
2021	$	–	$	–	$	–	$	–
Global X NASDAQ 100^® Risk Managed Income ETF
2021	$	–	$	–	$	52,273	$	52,273
Global X NASDAQ 100^® Collar 95-110 ETF
2021	$	–	$	–	$	–	$	–

379

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

	Global X Funds
	Global X Social Media ETF			Global X Lithium & Battery Tech ETF			Global X E-commerce ETF			Global X Emerging Markets Internet & E-commerce ETF
Undistributed Ordinary Income	$	–		$	9,202,844		$	–		$	–
Undistributed Long-Term Capital Gain		–			–			613,980			–
Capital Loss Carryforwards		(28,132,536	)		(63,831,937	)		–			(198,274	)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency		(1,417,828	)		1,737,482,168			(14,138,587	)		(1,464,448	)
Late Year Loss Deferral		(1,697,484	)		–			(138,055	)		(25,979	)
Other Temporary Differences		1			(7	)		(1	)		(5	)
Total Distributable Earnings (Accumulated Losses)	$	(31,247,847	)	$	1,682,853,068		$	(13,662,663	)	$	(1,688,706	)

	Global X Funds
	Global X SuperDividend^® ETF			Global X SuperDividend^® U.S. ETF			Global X MSCI SuperDividend^® EAFE ETF			Global X MSCI SuperDividend^® Emerging Markets ETF
Undistributed Ordinary Income	$	9,620,906		$	–		$	113,120		$	1,051,269
Capital Loss Carryforwards		(539,182,806	)		(185,337,870	)		(1,391,460	)		(6,225,122	)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency		(14,921,184	)		90,841,482			364,649			(3,219,585	)
Other Temporary Differences		(18	)		6			(3	)		(2	)
Total Accumulated Losses	$	(544,483,102	)	$	(94,496,382	)	$	(913,694	)	$	(8,393,440	)

	Global X Funds
	Global X SuperDividend^® REIT ETF⁽¹⁾			Global X NASDAQ 100^® Covered Call ETF		Global X S&P 500^® Covered Call ETF		Global X Russell 2000 Covered Call ETF
Undistributed Ordinary Income	$	–		$	131,295,980	$	2,004,805	$	9,982,417
Capital Loss Carryforwards		(200,308,013	)		–		–		–
Unrealized Depreciation on Investments and Foreign Currency		(28,695,167	)		–		–		–
Other Temporary Differences		(2,376,001	)		7		5,381		6
Total Distributable Earnings (Accumulated Losses)	$	(231,379,181	)	$	131,295,987	$	2,010,186	$	9,982,423

⁽¹⁾	The Global X SuperDividend^® REIT ETF has a tax year that ends on December 31.

380

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

	Global X Funds
	Global X Nasdaq 100^® Covered Call & Growth ETF			Global X S&P 500^® Covered Call & Growth ETF		Global X SuperIncome™ Preferred ETF			Global X Renewable Energy Producers ETF
Undistributed Ordinary Income	$	2,838,227		$	1,299,834	$	457,430		$	465,503
Undistributed Long-Term Capital Gain		–			2,570		–			–
Capital Loss Carryforwards		–			–		(58,846,382	)		(2,081,509	)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency		–			–		5,619,780			(511,888	)
Other Temporary Differences		(1	)		–		3			5
Total Distributable Earnings (Accumulated Losses)	$	2,838,226		$	1,302,404	$	(52,769,169	)	$	(2,127,889	)

	Global X Funds
	Global X S&P 500^® Catholic Values ETF		Global X S&P Catholic Values Developed ex-U.S. ETF		Global X Guru^® Index ETF
Undistributed Ordinary Income	$	2,153,515	$	87,737	$	4,425
Undistributed Long-Term Capital Gain		863,038		15,110		–
Capital Loss Carryforwards		–		–		(5,779,354	)
Unrealized Appreciation on Investments and Foreign Currency		175,044,230		685,321		6,895,905
Other Temporary Differences		4		2		(559	)
Total Distributable Earnings	$	178,060,787	$	788,170	$	1,120,417

	Global X Funds
	Global X S&P 500^® Tail Risk ETF		Global X S&P 500^® Risk Managed Income ETF		Global X S&P 500^® Collar 95-110 ETF
Undistributed Ordinary Income	$	73,485	$	36,462	$	50,940
Undistributed Long-Term Capital Gain		4,518		–		334
Other Temporary Differences		–		1		1
Total Distributable Earnings	$	78,003	$	36,463	$	51,275

381

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

	Global X Funds
	Global X NASDAQ 100^®Tail Risk ETF		Global X NASDAQ 100^® Risk Managed Income ETF			Global X NASDAQ 100^® Collar 95-110 ETF
Undistributed Ordinary Income	$	63,330	$	–		$	51,836
Undistributed Long-Term Capital Gain		–		–			2,343
Capital Loss Carryforwards		–		(5,450	)		–
Late Year Loss Deferral		–		(940	)		–
Other Temporary Differences		–		–			2
Total Distributable Earnings (Accumulated Losses)	$	63,330	$	(6,390	)	$	54,181

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. Losses carried forward under these provisions are as follows:

	Short-Term Loss		Long-Term Loss		Total *
Global X Social Media ETF	$	10,937,731	$	17,194,805	$	28,132,536
Global X Lithium & Battery Tech ETF		–		63,831,937		63,831,937
Global X Emerging Markets Internet & E-commerce ETF		198,274		–		198,274
Global X SuperDividend^® ETF		196,838,358		342,344,448		539,182,806
Global X SuperDividend^® U.S. ETF		135,731,524		49,606,346		185,337,870
Global X MSCI SuperDividend^® EAFE ETF		–		1,391,460		1,391,460
Global X MSCI SuperDividend^® Emerging Markets ETF		3,110,894		3,114,228		6,225,122
Global X SuperDividend^® REIT ETF		157,576,754		42,731,259		200,308,013
Global X SuperIncome™ Preferred ETF		14,218,863		44,627,519		58,846,382
Global X Renewable Energy Producers ETF		405,177		1,676,332		2,081,509
Global X Guru^® Index ETF		5,779,354		–		5,779,354
Global X NASDAQ 100^® Risk Managed Income ETF		2,180		3,270		5,450

382

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

During the year ended October 31, 2021, the following Funds utilized capital loss carryforwards to offset capital gains amounting to:

	Short-Term Loss		Long-Term Loss		Total
Global X Social Media ETF	$	–	$	3,339,255	$	3,339,255
Global X Lithium & Battery Tech ETF		26,035,129		64,776,767		90,811,896
Global X SuperDividend^® ETF		48,915,810		14,853,324		63,769,134
Global X SuperDividend^® U.S. ETF		32,460,722		2,349,841		34,810,563
Global X MSCI SuperDividend^® EAFE ETF		817,164		352,232		1,169,396
Global X MSCI SuperDividend^® Emerging Markets ETF		1,160,861		414,784		1,575,645
Global X NASDAQ 100^® Covered Call ETF		16,425,608		24,638,412		41,064,020
Global X S&P 500^® Covered Call ETF		13,227,988		19,848,520		33,076,508
Global X Russell 2000 Covered Call ETF		566,196		801,805		1,368,001
Global X Nasdaq 100^® Covered Call & Growth ETF		45,654		68,481		114,135
Global X S&P 500^® Covered Call & Growth ETF		28,095		42,122		70,217
Global X SuperIncome™ Preferred ETF		4,008,352		1,656,031		5,664,383
Global X S&P 500^® Catholic Values ETF		–		205,691		205,691
Global X S&P Catholic Values Developed ex-U.S. ETF		3,244		–		3,244
Global X Guru^® Index ETF		10,813,764		–		10,813,764

The Federal tax cost and aggregate gross unrealized appreciation and depreciation on investments held by the Funds at April 30, 2022 were as follows:

Global X Funds	Federal Tax Cost		Aggregated Gross Unrealized Appreciation		Aggregated Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
Global X Social Media ETF	$	329,596,897	$	15,803,956	$	(124,983,848	)	$	(109,179,892	)
Global X Lithium & Battery Tech ETF		4,260,114,378		682,062,914		(512,063,988	)		169,998,926
Global X Disruptive Materials ETF		5,562,067		31,920		(629,199	)		(597,279	)
Global X E-commerce ETF		156,153,099		1,191,918		(72,979,353	)		(71,787,435	)
Global X Emerging Markets Internet & E-commerce ETF		5,010,288		6,522		(2,393,227	)		(2,386,705	)
Global X SuperDividend^® ETF		1,015,347,469		39,449,410		(164,680,667	)		(125,231,257	)
Global X SuperDividend^® U.S. ETF		664,510,944		93,197,198		(41,990,945	)		51,206,253
Global X MSCI SuperDividend^® EAFE ETF		11,268,916		739,171		(895,084	)		(155,913	)
Global X MSCI SuperDividend^® Emerging Markets ETF		78,209,437		9,929,964		(15,276,996	)		(5,347,032	)
Global X SuperDividend^® REIT ETF		391,657,826		14,086,982		(28,050,953	)		(13,963,971	)
Global X NASDAQ 100^® Covered Call ETF		6,928,281,396		589,003,591		(608,063,905	)		(19,060,314	)
Global X S&P 500^® Covered Call ETF		1,593,418,648		54,767,208		(115,277,615	)		(60,510,407	)
Global X Russell 2000 Covered Call ETF		1,347,753,022		3,214,750		(66,718,949	)		(63,504,199	)
Global X Dow 30^® Covered Call ETF		12,154,435		101,694		(497,786	)		(396,092	)
Global X Nasdaq 100^® Covered Call & Growth ETF		70,136,815		702,640		(10,637,378	)		(9,934,738	)
Global X S&P 500^® Covered Call & Growth ETF		38,494,497		1,362,148		(4,554,921	)		(3,192,773	)

383

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

5. TAX INFORMATION (continued)

Global X Funds	Federal Tax Cost		Aggregated Gross Unrealized Appreciation		Aggregated Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
Global X SuperIncome™ Preferred ETF	$	219,465,221	$	3,615,348	$	(16,504,957	)	$	(12,889,609	)
Global X Renewable Energy Producers ETF		136,468,742		10,689,611		(27,549,294	)		(16,859,683	)
Global X S&P 500^® Catholic Values ETF		495,290,207		114,499,174		(17,153,745	)		97,345,429
Global X S&P Catholic Values Developed ex-U.S. ETF		6,428,454		329,700		(513,878	)		(184,178	)
Global X Guru^® Index ETF		63,355,648		3,484,771		(11,936,685	)		(8,451,914	)
Global X S&P 500^® Tail Risk ETF		3,296,602		171,351		(411,132	)		(239,781	)
Global X S&P 500^® Risk Managed Income ETF		23,729,186		645,133		(2,765,304	)		(2,120,171	)
Global X S&P 500^® Collar 95-110 ETF		4,021,222		169,790		(452,907	)		(283,117	)
Global X NASDAQ 100^® Tail Risk ETF		2,424,642		26,321		(471,986	)		(445,665	)
Global X NASDAQ 100^® Risk Managed Income ETF		14,567,429		93,635		(2,915,215	)		(2,821,580	)
Global X NASDAQ 100^® Collar 95-110 ETF		4,467,183		62,297		(763,117	)		(700,820	)

The preceding differences between book and tax cost are primarily due to mark-to-market treatment of passive foreign investment companies, mixed straddles, MLP adjustments and wash sales.

6. 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 countries are less liquid, subject to greater price volatility, and have a smaller market capitalization than those of 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 country issuers may not reflect their financial position or results of operations in the same manner as financial statements for U.S. issuers. Substantially less information may be publicly available about emerging 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 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.

384

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

6. CONCENTRATION OF RISKS (continued)

Except for the Global X Russell 2000^® Covered Call, 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 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).

The elimination of the London Inter-Bank Offered Rate (“LIBOR”) may adversely affect the interest rates on, and value of, certain Fund investments for which the value is tied to LIBOR. The U.K. Financial Conduct Authority has announced that it intends to stop compelling or inducing banks to submit LIBOR rates after 2021. On March 5, 2021, the administrator of LIBOR clarified that the publication of LIBOR on a representative basis will cease for the one-week and two-month U.S. dollar LIBOR settings immediately after December 31, 2021, and for the remaining U.S. dollar LIBOR settings immediately after June 30, 2023. Alternatives to LIBOR are established or in development in most major currencies, including the Secured Overnight Financing Rate (“SOFR”), which is intended to replace U.S. dollar LIBOR. Markets are slowly developing in response to these new rates. Questions regarding the impact of this transition remain a concern for the Fund. Accordingly, it is difficult to predict the full impact of the transition away from LIBOR on the Funds until new reference rates and fallbacks for both legacy and new products, instruments and contracts are commercially accepted. Please refer to each Fund’s prospectus and statement of additional information (“SAI”) for a more complete description of risks.

7. 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 a securities lending agreement with BBH 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

385

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

7. LOANS OF PORTFOLIO SECURITIES (continued)

and Liabilities. It is the Funds’ 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 loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan.

Lending securities entails a risk of loss to the Funds if and to the extent that the market value of the securities loans were to increase and the borrower did not increase the collateral accordingly, and the borrower failed to return the securities. In the event the borrower may not provide additional collateral when required or may not return the securities when due, the securities lending agency agreement requires the lending agent to indemnify the Funds by replacing either the security or the security’s current market value to the Funds. The Funds could suffer a loss if the value of an investment purchased with cash collateral falls below the market value of loaned securities or if the value of an investment purchased with cash collateral falls below the value of the original cash collateral received. The Funds could also experience delays and costs in gaining access to the collateral. The Funds bear the risk of any deficiency in the amount of the collateral available for return to the borrower due to any loss on the collateral invested.

As of April 30, 2022, the following Funds had securities on loan, by counterparty:

	Market Value		Cash Collateral
Global X Social Media ETF
BofA Securities, Inc.	$	3,624,052	$	3,438,317	⁽¹⁾
Citigroup		514,044		478,371	⁽¹⁾
Morgan Stanley		497,437		511,266
SG Americas Securities LLC		1,814		1,930
Total	$	4,637,347	$	4,429,884
Global X Lithium & Battery Tech ETF
Barclays Capital	$	4,682,752	$	5,007,440
BMO Capital Markets		473,112		495,767
BNP Paribas Securities Corp		13,368,432		13,951,825
BofA Securities, Inc.		35,380,996		37,605,129
Citigroup		33,294,142		34,673,694
Credit Suisse		3,836,354		4,001,251
Goldman Sachs & Co.		26,916,481		27,778,357
JPMorgan		14,099,002		14,874,800
Morgan Stanley		16,494,926		17,650,272
Scotia Capital		7,579,935		7,904,266
SG Americas Securities LLC		788,918		1,047,296
UBS Securities LLC		9,739,518		10,174,500
Total	$	166,654,568	$	175,164,597

386

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

7. LOANS OF PORTFOLIO SECURITIES (continued)

	Market Value		Cash Collateral
Global X E-commerce ETF
Barclays Capital	$	100,150	$	104,859
BNP Paribas Securities Corp		231,173		242,535
BofA Securities, Inc.		463,130		507,929
Citigroup		233,892		263,194
Credit Suisse		193,434		217,257
Goldman Sachs & Co.		100,022		110,578
Morgan Stanley		398,004		422,280
UBS Securities LLC		333,581		764,702
Total	$	2,053,386	$	2,633,334
Global X SuperDividend^® ETF
Barclays Capital	$	10,309,646	$	12,491,346
BNP Paribas Securities Corp		3,263,722		3,463,200
BofA Securities, Inc.		79,975		85,000
Citigroup		10,104,183		10,286,036	⁽¹⁾
Goldman Sachs & Co.		12,998,541		14,295,770
JPMorgan		2,268,925		2,516,932
Morgan Stanley		22,112,473		24,345,849
National Financial Services		207,889		255,812
Scotia Capital		284,012		362,000
UBS Securities LLC		2,357,075		2,496,115
Total	$	63,986,441	$	70,598,060
Global X SuperDividend^® U.S. ETF
BMO Capital Markets	$	2,213,065	$	2,305,380
BofA Securities, Inc.		6,568,861		7,048,778
Goldman Sachs & Co.		4,513,298		4,754,218
JPMorgan		201,116		212,350
Morgan Stanley		7,555,028		8,238,430
Total	$	21,051,368	$	22,559,156
Global X SuperDividend^® REIT ETF
Goldman Sachs & Co.	$	834,259	$	866,497
JPMorgan		3,924,414		4,110,600
Nomura Securities		1,658,777		1,756,800
Scotia Capital		2,856,207		3,024,990
UBS Securities LLC		4,662,462		4,852,740
Total	$	13,936,119	$	14,611,627

387

	Notes to Financial Statements (Continued)
	April 30, 2022 (Unaudited)

7. LOANS OF PORTFOLIO SECURITIES (continued)

	Market Value		Cash Collateral
Global X SuperIncome™ Preferred ETF
BNP Paribas Securities Corp	$	2,175,117	$	2,220,696	⁽¹⁾
Wells Fargo		132,192		137,700
Total	$	2,307,309	$	2,358,396
Global X Renewable Energy Producers ETF
Barclays Capital	$	257,115	$	256,200	⁽¹⁾
BNP Paribas Securities Corp		65,667		69,915
BofA Securities, Inc.		490,364		512,504
Total	$	813,146	$	838,619
Global X Guru^® Index ETF
Citigroup	$	781,060	$	786,714	⁽¹⁾
JPMorgan		446,164		429,550	⁽¹⁾
Total	$	1,227,224	$	1,216,264

(1)

It is the Funds’ 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 loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan.

8. CONTRACTUAL OBLIGATIONS

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 (the “Trustees”) and the Trust’s officers are indemnified against certain liabilities that may arise out of the performance of their duties.

388

	Notes to Financial Statements (Concluded)
	April 30, 2022 (Unaudited)

9. REGULATORY MATTERS

In December 2020, the SEC adopted a new rule providing a framework for fund valuation practices (“Rule 2a-5”). Rule 2a-5 establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 will permit fund boards to designate certain parties to perform fair value determinations, subject to board oversight and certain other conditions. Rule 2a-5 also defines when market quotations are “readily available” for purposes of the 1940 Act and the threshold for determining whether a fund must fair value a security. In connection with Rule 2a-5, the SEC also adopted a related recordkeeping rule, (together with Rule 2a-5, the “Rules”) and is rescinding previously issued guidance, including with respect to the role of a board in determining fair value and the accounting and auditing of fund investments. The Funds will be required to comply with the Rules by September 8, 2022. Management is currently assessing the potential impact of the new Rules on the Funds’ financial statements.

10. 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.

389

	Disclosure of Fund Expenses (Unaudited)

All ETFs (such as the Funds) have operating expenses. As a shareholder of an ETF, your investment is affected by these ongoing costs, which include (among others) costs for ETF management, administrative services, commissions, and shareholder reports like this one. It is important for you to understand the impact of these costs on your investment returns. In addition, a shareholder is responsible for brokerage fees as a result of the shareholder’s investment in a Fund.

Operating expenses such as these are deducted from a Fund’s gross income and directly reduce their final investment returns. These expenses are expressed as a percentage of the Fund’s average net assets; this percentage is known as the Fund’s expense ratio.

The following examples use the expense ratio and are intended to help you understand the ongoing costs (in dollars) of investing in a Fund and to compare these costs with those of other funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period (November 1, 2021 through April 30, 2022).

The table on the next page illustrates the Funds’ costs in two ways:

Actual Fund Return. This section helps you to estimate the actual expenses that your Fund incurred over the period. The “Expenses Paid During Period” column shows the actual dollar expense cost incurred by a $1,000 investment in the Fund, and the “Ending Account Value” number is derived from deducting that expense cost from the Fund’s gross investment return.

You can use this information, together with the actual amount you invested in the Fund, to estimate the expenses you paid over that period. Simply divide your actual account value by $1,000 to arrive at a ratio (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply that ratio by the number shown for your Fund under “Expenses Paid During Period.”

Hypothetical 5% Return. This section helps you compare your Fund’s costs with those of other funds. It assumes that the Fund had an annual 5% return before expenses during the year, but that the expense ratio (Column 3) for the period is unchanged. This example is useful in making comparisons because the Securities and Exchange Commission requires all funds to make this 5% calculation. You can assess your Fund’s comparative cost by comparing the hypothetical result for your Fund in the “Expenses Paid During Period” column with those that appear in the same charts in the shareholder reports for other funds.

NOTE: Because the return is set at 5% for comparison purposes — NOT your Fund’s actual return — the account values shown may not apply to your specific investment.

390

	Disclosure of Fund Expenses (Unaudited)

	Beginning Account Value 11/1/2021		Ending Account Value 4/30/2022		Annualized Expense Ratios			Expenses Paid During Period⁽¹⁾
Global X Social Media ETF
Actual Fund Return	$	1,000.00	$	626.20		0.65	%	$	2.62
Hypothetical 5% Return		1,000.00		1,021.57		0.65			3.26

Global X Lithium & Battery Tech ETF
Actual Fund Return	$	1,000.00	$	730.90		0.75	%	$	3.22
Hypothetical 5% Return		1,000.00		1,021.08		0.75			3.76

Global X Disruptive Materials ETF
Actual Fund Return	$	1,000.00	$	952.40		0.59	%	$	1.19	⁽²⁾
Hypothetical 5% Return		1,000.00		1.51		0.59			1.56

Global X E-commerce ETF
Actual Fund Return	$	1,000.00	$	629.40		0.50	%	$	2.02
Hypothetical 5% Return		1,000.00		1,022.32		0.50			2.51

Global X Emerging Markets Internet & E-commerce ETF
Actual Fund Return	$	1,000.00	$	608.80		0.65	%	$	2.59
Hypothetical 5% Return		1,000.00		1,021.57		0.65			3.26

Global X SuperDividend^® ETF
Actual Fund Return	$	1,000.00	$	862.80		0.58	%	$	2.68
Hypothetical 5% Return		1,000.00		1,021.92		0.58			2.91

Global X SuperDividend^®U.S. ETF
Actual Fund Return	$	1,000.00	$	1,035.00		0.45	%	$	2.27
Hypothetical 5% Return		1,000.00		1,022.56		0.45			2.26

Global X MSCI SuperDividend^®EAFE ETF
Actual Fund Return	$	1,000.00	$	985.00		0.55	%	$	2.71
Hypothetical 5% Return		1,000.00		1,022.07		0.55			2.76

Global X MSCI SuperDividend^® Emerging Markets ETF
Actual Fund Return	$	1,000.00	$	891.10		0.65	%	$	3.05
Hypothetical 5% Return		1,000.00		1,021.57		0.65			3.26

Global X SuperDividend^® REIT ETF
Actual Fund Return	$	1,000.00	$	919.30		0.58	%	$	2.76
Hypothetical 5% Return		1,000.00		1,021.92		0.58			2.91

Global X NASDAQ 100^® Covered Call ETF
Actual Fund Return	$	1,000.00	$	908.20		0.60	%	$	2.84
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

391

	Disclosure of Fund Expenses (Unaudited)

	Beginning Account Value 11/1/2021		Ending Account Value 4/30/2022		Annualized Expense Ratios			Expenses Paid During Period⁽¹⁾
Global X S&P 500^® Covered Call ETF
Actual Fund Return	$	1,000.00	$	978.10		0.60	%	$	2.94
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X Russell 2000 Covered Call ETF
Actual Fund Return	$	1,000.00	$	934.90		0.50	%	$	2.40
Hypothetical 5% Return		1,000.00		1,022.32		0.50			2.51

Global X Dow 30^® Covered Call ETF
Actual Fund Return	$	1,000.00	$	1,025.80		0.60	%	$	1.10	⁽³⁾
Hypothetical 5% Return		1,000.00		1,007.96		0.60			1.09

Global X Nasdaq 100^® Covered Call & Growth ETF
Actual Fund Return	$	1,000.00	$	858.20		0.60	%	$	2.76
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X S&P 500^® Covered Call & Growth ETF
Actual Fund Return	$	1,000.00	$	940.90		0.60	%	$	2.89
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X SuperIncome™ Preferred ETF
Actual Fund Return	$	1,000.00	$	925.70		0.58	%	$	2.77
Hypothetical 5% Return		1,000.00		1,021.92		0.58			2.91

Global X Renewable Energy Producers ETF
Actual Fund Return	$	1,000.00	$	894.60		0.65	%	$	3.05
Hypothetical 5% Return		1,000.00		1,021.57		0.65			3.26

Global X S&P 500^® Catholic Values ETF
Actual Fund Return	$	1,000.00	$	889.60		0.29	%	$	1.36
Hypothetical 5% Return		1,000.00		1,023.36		0.29			1.45

Global X S&P Catholic Values Developed ex-U.S. ETF
Actual Fund Return	$	1,000.00	$	849.70		0.35	%	$	1.61
Hypothetical 5% Return		1,000.00		1,023.06		0.35			1.76

Global X Guru^® Index ETF
Actual Fund Return	$	1,000.00	$	738.10		0.75	%	$	3.23
Hypothetical 5% Return		1,000.00		1,021.08		0.75			3.76

Global X S&P 500^®Tail Risk ETF
Actual Fund Return	$	1,000.00	$	892.90		0.60	%	$	2.82
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

392

	Disclosure of Fund Expenses (Unaudited)

	Beginning Account Value 11/1/2021		Ending Account Value 4/30/2022		Annualized Expense Ratios			Expenses Paid During Period⁽¹⁾
Global X S&P 500^® Risk Managed Income ETF
Actual Fund Return	$	1,000.00	$	955.10		0.60	%	$	2.91
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X S&P 500^® Collar 95-110 ETF
Actual Fund Return	$	1,000.00	$	903.80		0.60	%	$	2.83
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X NASDAQ 100^® Tail Risk ETF
Actual Fund Return	$	1,000.00	$	822.80		0.60	%	$	2.71
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

Global X NASDAQ 100^® Risk Managed Income ETF
Actual Fund Return	$	1,000.00	$	900.00		0.60	%	$	2.87
Hypothetical 5% Return		1,000.00		1,021.77		0.60			3.06

Global X NASDAQ 100^® Collar 95-110 ETF
Actual Fund Return	$	1,000.00	$	885.80		0.60	%	$	2.81
Hypothetical 5% Return		1,000.00		1,021.82		0.60			3.01

(1)	Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied 181/365 (to reflect the one-half year period), unless otherwise noted.
(2)	Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied 96/365 (to reflect the one-half year period), unless otherwise note.
(3)	Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied 66/365 (to reflect the one-half year period), unless otherwise note.

393

Approval of Investment Advisory Agreement (Unaudited)

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 a Board meeting of the Global X Funds (the “Trust”) held by videoconference on November 12, 2021¹ (the “New Fund Board Meeting”), 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”) for the Global X Dow 30^® Covered Call ETF(the “New Fund”) and (ii) the initial Supervision and Administration Agreement between the Trust (the “New Supervision and Administration Agreement”), on behalf of the 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.”

At a Board meeting of the Trust held via videoconference November 12, 2021¹, called for such purpose, the Board (including the Trust’s Independent Trustees, voting separately) considered and unanimously approved the continuation of (i) the Investment Advisory Agreement (“Renewal Investment Advisory Agreement”) for each Fund included in this Annual Report (each, a “Renewal Fund”); and (ii) the Supervision and Administration Agreement between the Trust (“Renewal Supervision and Administration Agreement”), 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.

This meeting was held via videoconference in reliance on an exemptive order issued by the Securities and Exchange Commission on March 25, 2020. Reliance on the exemptive order is necessary and appropriate due to circumstances related to current or potential effects of COVID-19. All Trustees participating in the videoconference meeting were able to hear each other simultaneously during the meeting. Reliance on the exemptive order requires Trustees, including a majority of the Independent Trustees, to ratify actions taken pursuant to the exemptive order by vote cast at the next in-person meeting.

394

Approval of Investment Advisory Agreement (Unaudited)

NEW FUND AGREEMENTS

In determining to approve the New Fund Agreements for the New Fund, the Board considered a variety of factors, including the factors discussed in greater detail below.

Nature, Extent and Quality of Services

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 Fund 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 Fund;
–	Global X Management’s responsibilities under the New Fund Agreements to, among other things, (i) manage the investment operations of the New Fund and the composition of the New Fund’s 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 Fund, (iv) select broker-dealers to execute portfolio transactions for the New Fund when necessary, (v) assist in the preparation and filing of reports and proxy statements (if any) to the shareholders of the New Fund, and the periodic updating of the registration statements, prospectuses, statements of additional information, and other reports and documents for the New Fund 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 Fund by shareholders and new investors;
–	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 Fund; and
–	the quality of Global X Management’s resources and personnel that would be made available to the New Fund, 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 Meeting, that it was satisfied with the nature, extent and quality of the services proposed to be provided to the New Fund by Global X Management.

395

Approval of Investment Advisory Agreement (Unaudited)

Performance

The Board determined that, because the New Fund had not yet begun investment operations as of the date of the New Fund Board Meeting, meaningful data relating to the investment performance of the New Fund was not available and, therefore, could not be a factor in approving the New Fund Agreements.

Cost of Services and Profitability

With respect to this factor, the Board considered:

–	Global X Management’s expected costs to provide investment management, supervision and administrative and related services to the New Fund;
–	the management fee (including the proposed investment advisory fee) (“Management Fee”) that was proposed to be borne by the New Fund under the respective New Fund Agreement for the various investment advisory, supervisory and administrative services that the New Fund 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 Fund); and
–	the expected profitability to Global X Management, if any, from all of the services proposed to be provided to the New Fund by Global X Management and all aspects of the relationship between Global X Management and the New Fund.

Based on these considerations, the Board concluded that the proposed Management Fee to be paid by the New Fund to Global X Management, in light of the nature, extent and quality of the services to be provided, was reasonable and in the best interests of the New Fund’s shareholders.

Comparison of Fees and 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 the New Fund. In connection with this consideration, Global X Management provided the Board with comparative expense data for the 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

396

Approval of Investment Advisory Agreement (Unaudited)

	explanation of the proposed fee structures of any New Fund that was above the average or median for the New Fund’s peer group;
–	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 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 Fees for the Renewal Funds were set at a competitive levels to make the Renewal Funds 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 Fund, including the costs of various third-party services required by the New Fund, including investment advisory, administrative, audit, certain custody, portfolio accounting, legal, transfer agency and printing costs, but that the 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 New Fund Agreements were reasonable on a comparative basis.

Economies of Scale

With respect to this factor, the Board considered:

–	the extent to which economies of scale would be realized as the New Fund grows and whether the proposed unitary Management Fee for the New Fund reflected these economies of scale;
–	the significant investment of time, personnel and other resources that Global X Management intends to make in the New Fund in order to seek to assure that the New Fund are attractive to investors; and

397

Approval of Investment Advisory Agreement (Unaudited)

–	that the proposed unitary Management Fee would provide a high level of certainty as to the total level of expenses for the New Fund and its shareholders.

Based on these considerations, the Board concluded, at the New Fund Board Meeting, that the proposed unitary Management Fee for the 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 relationships with the New Fund. As a result, the Board concluded that, in the case of the New Fund, in the exercise of the Board’s business judgement, all information the Board considered supported approval of the New Fund Agreements.

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 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.

RENEWAL AGREEMENTS

In determining to approve the continuation of the Renewal Agreements for the Renewal Funds, the Board considered a variety of factors, including the factors discussed in greater detail below.

Nature, Extent and Quality of Services

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;

398

Approval of Investment Advisory Agreement (Unaudited)

–	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;
–	the nature, extent and quality of all of the services (including advisory, administrative and compliance services) that have been provided by Global X Management or made available to the Renewal Funds; 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.

399

Approval of Investment Advisory Agreement (Unaudited)

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 of pertinent indexes. The Board considered instances of under-performance and over-performance with respect to the competitor funds. The Board also considered the Renewal Funds’ tracking against their underlying indexes in absolute terms.

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).

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, as applicable, profitability 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.

400

Approval of Investment Advisory Agreement (Unaudited)

Comparison of Fees and 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 Board considered the Global X Management’s detailed explanation of the fee structures of any Renewal Fund that was above the average or median for its peer group;

–

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 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 Fees for the Renewal Funds were set at a competitive levels to make the Renewal Funds viable in the marketplace; and

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

With respect to this factor, the Board considered:

–	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;
–	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 to seek to assure that the Renewal Funds are attractive to investors; 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.

401

Approval of Investment Advisory Agreement (Unaudited)

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 and concluded that, in the exercise of the Board’s business judgement, all information the Board considered supported approval of the continuation of the Renewal Agreements.

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.

402

Supplemental Information (Unaudited)

NAV is the price per Share at which a Fund issues and redeems Shares. It is calculated in accordance with the standard formula for valuing mutual fund shares. The “Market Price” of a Fund generally is determined using the midpoint between the highest bid and the lowest offer on the stock exchange on which the Shares of the Fund are listed for trading, as of the time that the Fund’s NAV is calculated. The Fund’s Market Price may be at, above or below its NAV. The NAV of a Fund will fluctuate with changes in the market value of the Fund’s holdings. The Market Price of a Fund will fluctuate in accordance with changes in its NAV, as well as market supply and demand.

Premiums or discounts are the differences (expressed as a percentage) between the NAV and Market Price of a Fund on a given day, generally at the time NAV is calculated. A premium is the amount that a Fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that a Fund is trading below the reported NAV, expressed as a percentage of the NAV.

Further information regarding premiums and discounts is available on the Funds’ website at www.globalxetfs.com

403

Notes

404

605 Third Avenue, 43rd Floor

New York, NY 10158

1-888-493-8631

www.globalxetfs.com

Investment Adviser and Administrator:

Global X Management Company LLC

605 Third 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 20006-1871

Custodian and Transfer Agent:

Brown Brothers Harriman & Co.

40 Water Street

Boston, MA 02109

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-003-1100

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. Investments.

Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end management investment companies.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes.

Item 11. Controls and Procedures.

(a) The certifying officers, whose certifications are included herewith, have evaluated the registrant’s disclosure controls and procedures 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 significant changes in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

Item 13. Exhibits.

(a)(1) Not applicable for semi-annual report.

(a)(2) 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 Investment Company Act of 1940, as amended (17 CFR 270.30a-2(a)), are filed herewith.

(b) Officer certifications as required by Rule 30a-2(b) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-2(b)) also accompany this filing as an Exhibit.

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/ Luis Berruga

Luis Berruga

President

Date: July 7, 2022

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/ Luis Berruga

Luis Berruga

President

Date: July 7, 2022

By (Signature and Title)

/s/ John Belanger

John Belanger

Chief Financial Officer

Date: July 7, 2022