NPORT-EX 3 gx4.htm SCHEDULE F

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Silver Miners ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
BRAZIL— 21.5%          
Materials — 21.5%
Wheaton Precious Metals (A)   4,219,792   $229,261,300 
CANADA— 35.5%          
Industrials — 0.8%
Alexco Resource * (A)   2,741,251    7,812,566 
Materials — 34.7%
Americas Gold & Silver * (A)   2,067,540    6,930,388 
Bear Creek Mining * (A)   2,137,572    5,170,387 
Endeavour Silver * (A)   3,281,601    14,176,516 
Excellon Resources * (A)   2,027,813    1,498,720 
First Majestic Silver * (A)   4,120,248    54,998,159 
Fortuna Silver Mines * (A)   3,699,635    24,774,711 
GoGold Resources * (A)   4,075,392    4,776,682 
Great Panther Mining * (A)   7,288,581    5,975,179 
MAG Silver *   1,764,642    29,812,503 
McEwen Mining * (A)   7,416,548    10,234,836 
New Pacific Metals * (A)   1,558,246    6,793,697 
Pan American Silver   2,900,725    108,371,086 
Silvercorp Metals (A)   3,881,786    28,138,964 
SilverCrest Metals * (A)   2,234,071    22,248,979 
SSR Mining *   1,935,321    46,447,704 
         370,348,511 
TOTAL CANADA        378,161,077 
MEXICO— 9.1%          
Materials — 9.1%
Fresnillo   3,335,658    53,959,817 
Industrias Penoles   2,873,471    42,999,774 
TOTAL MEXICO        96,959,591 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Silver Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
PERU— 7.2%          
Materials — 7.2%
Cia de Minas Buenaventura ADR   4,142,582   $49,131,023 
Hochschild Mining   5,934,471    20,921,366 
Volcan Cia Minera SAA *   56,897,772    7,064,039 
TOTAL PERU        77,116,428 
RUSSIA— 13.1%          
Materials — 13.1%
Polymetal International   5,629,981    140,029,059 
SOUTH KOREA— 3.0%          
Materials — 3.0%
Korea Zinc   90,928    31,596,602 
UNITED STATES— 10.6%          
Materials — 10.6%
Coeur d'Alene Mines * (A)   5,091,189    40,373,129 
Gold Resource (A)   1,520,134    6,673,388 
Hecla Mining   11,917,160    65,782,723 
TOTAL UNITED STATES        112,829,240 
TOTAL COMMON STOCK          
(Cost $735,111,989)        1,065,953,297 
           
SHORT-TERM INVESTMENT(B)(C) — 9.5%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $101,218,831)   101,218,831    101,218,831 
TOTAL INVESTMENTS — 109.5%          
(Cost $836,330,820)       $1,167,172,128 

 

Percentages are based on Net Assets of $1,066,378,308.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $99,552,079.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $101,218,831.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Silver Miners ETF

 

ADR — American Depositary Receipt

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $1,065,953,297   $—   $—   $1,065,953,297 
Short-Term Investment   101,218,831    —    —    101,218,831 
Total Investments in Securities  $1,167,172,128   $—   $—   $1,167,172,128 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — 100.2%
AUSTRALIA— 24.3%          
Materials — 24.3%
Aurelia Metals (A)   873,426   $341,375 
Gold Road Resources *   826,189    1,087,239 
OceanaGold *   627,716    1,644,855 
Perseus Mining *   1,096,628    1,207,194 
Ramelius Resources   740,388    1,157,512 
Regis Resources   482,591    1,948,485 
Resolute Mining *   1,089,321    1,015,567 
Saracen Mineral Holdings *   622,883    2,680,200 
Silver Lake Resources *   883,905    1,553,035 
SolGold *   762,619    249,736 
St. Barbara   712,239    1,711,118 
West African Resources * (A)   739,384    554,110 
Westgold Resources *   355,165    601,107 
TOTAL AUSTRALIA        15,751,533 
           
CANADA— 44.5%          
Materials — 44.5%
Alamos Gold, Cl A   249,661    2,641,057 
B2Gold   364,113    2,522,560 
Dundee Precious Metals   144,949    1,092,934 
Equinox Gold *   190,520    2,271,448 
K92 Mining *   212,201    961,598 
Kirkland Lake Gold   45,885    2,505,777 
Lundin Gold * (A)   57,682    513,734 
McEwen Mining * (A)   322,268    444,730 
New Gold * (A)   641,085    1,052,920 
Novagold Resources *   239,491    2,184,158 
Novo Resources * (A)   131,243    374,280 
Osisko Mining * (A)   203,364    646,757 
Premier Gold Mines * (A)   233,164    475,205 
Pretium Resources *   185,159    1,755,520 
Roxgold *   362,613    449,375 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Sabina Gold & Silver *   265,674   $430,394 
Seabridge Gold * (A)   52,398    1,018,617 
SSR Mining *   107,963    2,587,243 
Teranga Gold *   112,623    1,314,145 
Torex Gold Resources *   86,318    1,513,707 
Victoria Gold *   53,818    655,298 
Wesdome Gold Mines *   138,528    1,417,856 
TOTAL CANADA        28,829,313 
CÔTE D'IVOIRE— 5.1%          
Materials — 5.1%
Endeavour Mining *   123,176    3,318,717 
EGYPT— 4.1%          
Materials — 4.1%
Centamin   993,838    2,654,496 
INDONESIA— 0.7%          
Materials — 0.7%
Aneka Tambang   8,513,700    425,685 
PERU— 1.4%          
Materials — 1.4%
Hochschild Mining   260,431    918,123 
RUSSIA— 3.3%          
Materials — 3.3%
Highland Gold Mining   317,922    1,235,135 
Petropavlovsk *   1,820,500    864,970 
TOTAL RUSSIA        2,100,105 
TURKEY— 4.1%          
Materials — 4.1%
Eldorado Gold *   166,484    2,091,770 
Koza Altin Isletmeleri *   46,731    578,823 
TOTAL TURKEY        2,670,593 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — continued
UNITED KINGDOM— 0.9%          
Materials — 0.9%
Greatland Gold * (A)   3,335,288   $590,975 
UNITED STATES— 11.8%          
Materials — 11.8%
Alacer Gold *   296,519    2,291,132 
Argonaut Gold * (A)   179,323    374,845 
Coeur d'Alene Mines *   222,986    1,768,279 
Golden Star Resources * (A)   72,132    324,594 
Hecla Mining   521,419    2,878,233 
TOTAL UNITED STATES        7,637,083 
TOTAL COMMON STOCK          
(Cost $43,151,552)        64,896,623 
           
SHORT-TERM INVESTMENT(B)(C) — 5.6%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $3,637,740)   3,637,740    3,637,740 
TOTAL INVESTMENTS — 105.8%          
(Cost $46,789,292)       $68,534,363 

 

Percentages are based on Net Assets of $64,797,400.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $3,548,704.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $3,637,740.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Gold Explorers ETF

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $63,892,115   $1,004,508   $—   $64,896,623 
Short-Term Investment   3,637,740    —    —    3,637,740 
Total Investments in Securities  $67,529,855   $1,004,508   $—   $68,534,363 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Copper Miners ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
AUSTRALIA— 12.7%          
Materials — 12.7%
Glencore *   1,598,604   $3,664,263 
OZ Minerals   460,444    4,500,722 
Sandfire Resources   517,805    1,756,454 
SolGold * (A)   2,382,031    780,046 
TOTAL AUSTRALIA        10,701,485 
CANADA— 16.9%          
Materials — 16.9%
Altius Minerals   124,207    950,446 
ERO Copper * (A)   223,261    2,686,799 
Ivanhoe Mines, Cl A *   1,434,920    5,056,232 
Northern Dynasty Minerals * (A)   1,345,004    2,178,906 
Teck Resources, Cl B   335,886    3,402,742 
TOTAL CANADA        14,275,125 
CHILE— 8.6%          
Materials — 8.6%
Antofagasta   273,265    3,685,258 
Lundin Mining   643,283    3,601,808 
TOTAL CHILE        7,287,066 
CHINA— 14.2%          
Materials — 14.2%
Jiangxi Copper, Cl H   2,740,429    3,263,678 
Jinchuan Group International Resources (A)   30,322,100    2,973,445 
MMG * (A)   6,991,100    1,840,191 
Zijin Mining Group, Cl H   6,308,960    3,915,525 
TOTAL CHINA        11,992,839 
INDIA— 4.4%          
Materials — 4.4%
Vedanta ADR   612,210    3,685,504 
JAPAN— 0.8%          
Materials — 0.8%
Nittetsu Mining   17,170    654,451 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Copper Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
KAZAKHSTAN— 4.6%          
Materials — 4.6%
KAZ Minerals   543,118   $3,853,650 
MEXICO— 4.3%          
Materials — 4.3%
Grupo Mexico, Cl B   1,451,987    3,677,730 
MONGOLIA— 3.0%          
Materials — 3.0%
Turquoise Hill Resources *   3,112,023    2,580,490 
PERU— 7.9%          
Materials — 7.9%
HudBay Minerals, Cl B   817,761    2,570,193 
Southern Copper   93,133    4,070,844 
TOTAL PERU        6,641,037 
POLAND— 6.2%          
Materials — 6.2%
KGHM Polska Miedz *   156,161    5,274,904 
SWEDEN— 4.3%          
Materials — 4.3%
Boliden   135,118    3,676,207 
UNITED KINGDOM— 1.4%          
Materials — 1.4%
Central Asia Metals   536,091    1,165,201 
UNITED STATES— 5.3%          
Materials — 5.3%
Freeport-McMoRan Copper & Gold *   345,759    4,467,206 
ZAMBIA— 5.3%          
Materials — 5.3%
First Quantum Minerals   529,653    4,476,052 
TOTAL COMMON STOCK          
(Cost $93,751,402)        84,408,947 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Copper Miners ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(B)(C) — 3.8%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $3,206,788)   3,206,788   $3,206,788 
TOTAL INVESTMENTS — 103.7%          
(Cost $96,958,190)       $87,615,735 

 

Percentages are based on Net Assets of $84,462,184.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $3,081,621.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $3,206,788.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt

Cl — Class

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $84,408,947   $—   $—   $84,408,947 
Short-Term Investment   3,206,788    —    —    3,206,788 
Total Investments in Securities  $87,615,735   $—   $—   $87,615,735 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Uranium ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
AUSTRALIA— 15.0%          
Energy — 0.4%
Paladin Energy * (A)   7,011,613   $628,547 
Financials — 4.4%
Macquarie Group   78,676    6,967,606 
Materials — 10.2%
BHP Group   335,024    7,277,395 
Greenland Minerals *   4,844,695    625,386 
Rio Tinto   135,606    8,213,961 
         16,116,742 
TOTAL AUSTRALIA        23,712,895 
CANADA— 36.6%          
Energy — 25.6%
Cameco   2,958,510    30,082,050 
Denison Mines *   5,703,073    2,639,720 
Fission Uranium *   1,939,641    564,733 
NexGen Energy *   3,933,339    6,988,688 
         40,275,191 
Financials — 3.4%
Uranium Participation *   1,453,711    5,328,646 
Industrials — 1.5%
Aecon Group   228,585    2,399,332 
Materials — 6.1%
Barrick Gold   329,174    9,516,420 
TOTAL CANADA        57,519,589 
CHINA— 0.2%          
Utilities — 0.2%
CGN Power, Cl H   1,617,386    340,164 
JAPAN— 10.3%          
Industrials — 10.3%
ITOCHU   259,290    5,640,471 
Mitsubishi Heavy Industries   203,330    4,704,879 
Sumitomo   528,950    5,853,320 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Uranium ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL JAPAN       $16,198,670 
KAZAKHSTAN— 19.7%          
Energy — 19.7%
NAC Kazatomprom JSC GDR   2,133,841    30,940,694 
SOUTH AFRICA— 0.6%          
Materials — 0.6%
Sibanye Stillwater *   351,959    996,222 
SOUTH KOREA— 14.9%          
Industrials — 14.9%
Daewoo Engineering & Construction *   559,371    1,638,580 
Doosan Heavy Industries & Construction *   257,240    2,267,098 
GS Engineering & Construction   248,414    5,619,236 
Hyundai Engineering & Construction   215,419    6,201,839 
KEPCO Engineering & Construction   24,760    336,673 
Samsung C&T   82,299    7,322,221 
TOTAL SOUTH KOREA        23,385,647 
UNITED KINGDOM— 1.2%          
Industrials — 1.2%
Yellow Cake *   642,545    1,846,927 
UNITED STATES— 1.5%          
Energy — 1.3%
Energy Fuels *   576,574    985,707 
Uranium Energy * (A)   669,026    647,818 
Ur-Energy *   756,905    412,362 
         2,045,887 
Industrials — 0.2%
Graham   19,776    260,252 
TOTAL UNITED STATES        2,306,139 
TOTAL COMMON STOCK          
(Cost $162,012,710)        157,246,947 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Uranium ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(B)(C) — 0.4%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $638,209)   638,209   $638,209 
TOTAL INVESTMENTS — 100.4%          
(Cost $162,650,919)       $157,885,156 

 

Percentages are based on Net Assets of $157,227,302.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $539,308.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $638,209.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class

GDR — Global Depositary Receipt

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $157,246,947   $—   $—   $157,246,947 
Short-Term Investment   638,209    —    —    638,209 
Total Investments in Securities  $157,885,156   $—   $—   $157,885,156 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

GLX-QH-001-2300

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Energy ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
CHINA — 99.9%          
Energy — 99.9%          
China Merchants Energy Shipping, Cl A    75,400   $67,541 
China Oilfield Services, Cl H    80,686    62,777 
China Petroleum & Chemical, Cl A    4,450    2,551 
China Petroleum & Chemical, Cl H    299,897    128,469 
China Shenhua Energy, Cl A    1,200    2,637 
China Shenhua Energy, Cl H    80,630    134,414 
China Suntien Green Energy, Cl H    270,600    78,559 
CNOOC    123,185    130,334 
COSCO SHIPPING Energy Transportation, Cl A    31,600    32,473 
COSCO SHIPPING Energy Transportation, Cl H    83,400    37,233 
Guanghui Energy, Cl A    167,950    70,769 
Inner Mongolia Yitai Coal, Cl B    116,794    85,143 
Offshore Oil Engineering, Cl A    84,275    58,098 
PetroChina, Cl A    4,400    2,806 
PetroChina, Cl H    405,663    140,801 
Shaanxi Coal Industry, Cl A    67,336    78,075 
Shanxi Lu’an Environmental Energy Development, Cl A    74,165    67,710 
Shanxi Meijin Energy, Cl A    67,400    63,756 
Shanxi Xishan Coal & Electricity Power, Cl A    112,353    67,793 
Sinopec Kantons Holdings    170,900    74,532 
Wison Engineering Services    586,700    59,804 
Yantai Jereh Oilfield Services Group, Cl A    15,700    70,520 
Yanzhou Coal Mining, Cl A    48,764    64,299 
Yanzhou Coal Mining, Cl H    111,025    86,669 
TOTAL COMMON STOCK          
(Cost $2,100,706)         1,667,763 
TOTAL INVESTMENTS — 99.9%          
(Cost $2,100,706)        $1,667,763 

 

Percentages are based on Net Assets of $1,669,673.

Cl — Class

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Energy ETF

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
CHINA— 96.3%          
Materials — 96.3%
Aluminum Corp of China, Cl A *    34,100   $16,079 
Aluminum Corp of China, Cl H *    161,239    41,401 
Angang Steel, Cl A    19,610    7,560 
Anhui Conch Cement, Cl A    500    4,401 
Anhui Conch Cement, Cl H    17,820    134,624 
Baoshan Iron & Steel, Cl A    41,700    29,405 
BBMG, Cl A    23,600    10,925 
Beijing Oriental Yuhong Waterproof Technology, Cl A    3,700    29,071 
China Hongqiao Group    74,300    42,661 
China Jushi, Cl A    9,400    18,646 
China Lumena New Materials *(A)(B)(C)    48    — 
China Molybdenum, Cl A    41,600    26,234 
China Molybdenum, Cl H    146,954    59,539 
China National Building Material, Cl H    108,700    168,586 
China Northern Rare Earth Group High-Tech, Cl A    9,600    17,075 
China Resources Cement Holdings    90,000    123,093 
Ganfeng Lithium, Cl A    2,900    23,259 
GEM, Cl A    15,400    11,808 
Guangdong HEC Technology Holding, Cl A    9,600    9,948 
Guangdong Hongda Blasting, Cl A    2,100    16,855 
Hengli Petrochemical, Cl A    13,320    31,060 
Hengyi Petrochemical, Cl A    9,800    14,256 
Hesteel, Cl A    32,400    10,448 
Huaxin Cement, Cl A    3,500    13,740 
Hunan Valin Steel, Cl A    18,100    11,622 
Inner Mongolia BaoTou Steel Union, Cl A    111,600    18,714 
Inner Mongolia Junzheng Energy & Chemical Industry Group, Cl A    25,000    26,766 
Jiangsu Shagang, Cl A    6,000    9,296 
Jiangsu Yangnong Chemical, Cl A    900    12,370 
Jiangxi Copper, Cl A    5,900    13,690 
Jiangxi Copper, Cl H    47,691    56,797 
Jinduicheng Molybdenum, Cl A    9,200    8,768 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Lee & Man Paper Manufacturing    57,900   $35,636 
Lomon Billions Group, Cl A    4,700    15,884 
Maanshan Iron & Steel, Cl A    21,100    8,165 
Pangang Group Vanadium Titanium & Resources, Cl A *    28,600    9,018 
Real Gold Mining *(A)(B)(C)    97,864    — 
Rongsheng Petro Chemical, Cl A    12,400    29,679 
Sansteel Minguang Fujian, Cl A    8,100    8,266 
Shandong Gold Mining, Cl A    5,800    35,753 
Shandong Hualu Hengsheng Chemical, Cl A    4,500    14,918 
Shandong Nanshan Aluminum, Cl A    34,900    11,855 
Shandong Sinocera Functional Material, Cl A    2,900    14,913 
Shandong Sun Paper Industry JSC, Cl A    7,900    14,357 
Shanghai Putailai New Energy Technology, Cl A    1,200    18,298 
Shanxi Taigang Stainless Steel, Cl A    18,100    9,209 
Sinopec Shanghai Petrochemical, Cl A    18,000    9,261 
Sinopec Shanghai Petrochemical, Cl H    147,550    32,936 
Tangshan Jidong Cement, Cl A    3,800    10,435 
Tianqi Lithium, Cl A    4,250    15,411 
Tongkun Group, Cl A    5,700    11,797 
Tongling Nonferrous Metals Group, Cl A    32,900    10,751 
Transfar Zhilian, Cl A    10,500    8,638 
Wanhua Chemical Group, Cl A    6,700    64,904 
Weihai Guangwei Composites, Cl A    1,400    15,561 
Xiamen Tungsten, Cl A    4,700    10,104 
Yintai Gold, Cl A    5,300    14,281 
Yunnan Energy New Material, Cl A    2,000    22,891 
Zhaojin Mining Industry    44,184    55,072 
Zhejiang Huayou Cobalt, Cl A *    2,830    17,344 
Zhejiang Juhua, Cl A    8,700    9,277 
Zhejiang Longsheng Group, Cl A    8,400    17,794 
Zhongjin Gold, Cl A    9,700    15,765 
Zijin Mining Group, Cl A    44,800    37,562 
Zijin Mining Group, Cl H    213,259    132,355 
TOTAL CHINA         1,756,787 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — continued
HONG KONG — 3.7%          
Materials — 3.7%
Nine Dragons Paper Holdings    64,370   $67,359 
TOTAL COMMON STOCK          
(Cost $1,724,433)         1,824,146 
TOTAL INVESTMENTS — 100.0%          
(Cost $1,724,433)        $1,824,146 

 

Percentages are based on Net Assets of $1,824,186.

 

* 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 July 31, 2020 was $0 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 July 31, 2020, was $0 and represents 0.0% of net assets.

 

Cl — Class

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities   Level 1     Level 2     Level 3(1)     Total  
Common Stock   $ 1,824,146     $ —     $ —     $ 1,824,146  
Total Investments in Securities   $ 1,824,146     $ —     $ —     $ 1,824,146  

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Industrials ETF

 

 

   Shares   Value 
COMMON STOCK — 99.7%        
CHINA — 98.7%          
Industrials — 98.7%          
51job ADR *    448   $30,410 
AECC Aero-Engine Control, Cl A    1,200    3,144 
AECC Aviation Power, Cl A    2,300    12,154 
Air China, Cl A    6,200    6,069 
Air China, Cl H    30,800    19,115 
A-Living Services, Cl H    7,400    41,773 
AVIC Aircraft, Cl A    2,900    9,851 
AVIC Electromechanical Systems, Cl A *    3,700    5,436 
AVIC Shenyang Aircraft, Cl A    1,100    10,079 
AviChina Industry & Technology, Cl H    42,090    25,036 
AVICOPTER, Cl A *    600    4,425 
Beijing Capital International Airport, Cl H    30,431    20,064 
Beijing New Building Materials, Cl A    1,700    7,509 
Beijing Originwater Technology, Cl A    3,300    4,058 
BEST ADR *    3,371    14,192 
Bohai Leasing, Cl A *    6,100    2,684 
Centre Testing International Group, Cl A    800    2,686 
China Aerospace Times Electronics, Cl A *    2,800    2,978 
China Avionics Systems, Cl A *    1,400    3,507 
China Communications Construction, Cl A    4,300    4,869 
China Communications Construction, Cl H    75,543    43,960 
China Communications Services, Cl H    40,700    26,362 
China Conch Venture Holdings    27,660    118,846 
China COSCO Holdings, Cl H *    44,132    16,627 
China Eastern Airlines, Cl A    9,600    6,068 
China Eastern Airlines, Cl H    31,000    11,000 
China Everbright International    62,250    38,474 
China Gezhouba Group, Cl A    4,600    4,397 
China Lesso Group Holdings    18,300    35,324 
China Meheco, Cl A    1,100    2,563 
China Merchants Holdings International    23,631    27,046 
China National Chemical Engineering, Cl A    5,100    4,210 
China Railway Construction, Cl A    11,800    14,866 
China Railway Construction, Cl H    33,301    26,597 
China Railway Group, Cl A    20,600    16,445 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
China Railway Group, Cl H    63,898   $32,319 
China Shipbuilding Industry, Cl A    23,600    16,202 
China Southern Airlines, Cl A    9,600    7,334 
China Southern Airlines, Cl H    28,700    13,294 
China Spacesat, Cl A    1,200    6,076 
China State Construction Engineering, Cl A    42,500    30,639 
China State Construction International Holdings    34,610    20,453 
Citic Pacific    99,100    92,960 
Contemporary Amperex Technology, Cl A    2,200    66,900 
COSCO Pacific    29,530    15,393 
COSCO SHIPPING Development, Cl A    7,200    2,116 
COSCO SHIPPING Holdings, Cl A *    8,800    5,461 
Country Garden Services Holdings    22,400    135,119 
CRRC    73,753    32,070 
CRRC, Cl A    24,600    20,590 
Daqin Railway, Cl A    15,300    14,232 
Dongfang Electric, Cl A    2,700    4,009 
Eve Energy, Cl A    1,900    16,393 
Fangda Carbon New Material, Cl A *    3,763    3,689 
Fosun International    43,700    49,789 
Greentown Service Group    24,400    33,372 
Guangzhou Baiyun International Airport, Cl A    2,100    4,274 
Guocheng Mining, Cl A *    1,000    3,423 
Guoxuan High-Tech, Cl A    1,200    4,344 
Hainan Airlines Holding, Cl A    14,600    3,306 
Haitian International Holdings    10,726    24,690 
Hefei Meiya Optoelectronic Technology, Cl A    700    6,010 
Hongfa Technology, Cl A    800    4,827 
Inner Mongolia First Machinery Group, Cl A    1,800    2,804 
Jiangsu Expressway, Cl H    20,619    22,108 
Jiangsu Hengli Hydraulic, Cl A    1,332    11,626 
Jiangsu Zhongtian Technology, Cl A    3,200    5,352 
Juneyao Airlines, Cl A    1,700    2,268 
Metallurgical Corp of China, Cl A    18,400    7,384 
Nanyang Topsec Technologies Group, Cl A    1,100    3,705 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
NARI Technology, Cl A    4,700   $14,314 
Ningbo Zhoushan Port, Cl A    9,100    5,439 
Power Construction Corp of China, Cl A    14,400    8,689 
Sany Heavy Industry, Cl A    8,600    26,020 
SF Holding, Cl A    2,900    29,477 
Shanghai Construction Group, Cl A    9,200    4,114 
Shanghai Electric Group, Cl A    8,400    6,622 
Shanghai Electric Group, Cl H    44,971    13,868 
Shanghai Industrial Holdings    8,239    12,012 
Shanghai International Airport, Cl A    1,000    9,736 
Shanghai International Port Group, Cl A    8,800    5,688 
Shanghai M&G Stationery, Cl A    1,000    9,369 
Shanghai Tunnel Engineering, Cl A    3,100    2,675 
Shenzhen Airport, Cl A    2,100    3,004 
Shenzhen Expressway, Cl H    12,000    11,442 
Shenzhen Inovance Technology, Cl A    1,700    12,246 
Shenzhen International Holdings    17,906    29,203 
Siasun Robot & Automation, Cl A    1,600    3,586 
Sinopec Engineering Group, Cl H    23,800    10,533 
Sinotrans, Cl A    4,600    2,235 
Sinotruk Hong Kong    11,800    36,769 
Spring Airlines, Cl A    900    5,112 
STO Express, Cl A    1,400    3,303 
Sunwoda Electronic, Cl A    1,600    5,472 
Suzhou Gold Mantis Construction Decoration, Cl A    2,600    3,342 
TBEA, Cl A    3,700    4,630 
Weichai Power, Cl A    6,200    14,386 
Weichai Power, Cl H    33,096    71,400 
XCMG Construction Machinery, Cl A    8,100    7,372 
Xiamen C & D, Cl A    2,800    3,764 
Xinjiang Goldwind Science & Technology, Cl A    3,547    6,609 
Xinjiang Goldwind Science & Technology, Cl H    12,971    13,054 
Yunda Holding, Cl A    2,340    8,039 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Industrials ETF

 

  Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Zhejiang Chint Electrics, Cl A    2,200   $9,995 
Zhejiang Dingli Machinery, Cl A    490    6,227 
Zhejiang Expressway, Cl H    24,140    17,941 
Zhejiang Sanhua Intelligent Controls, Cl A    3,640    12,375 
Zhejiang Weixing New Building Materials, Cl A    1,600    3,130 
Zhengzhou Yutong Bus, Cl A    2,300    4,490 
Zhuzhou CRRC Times Electric, Cl H    9,223    32,369 
Zoomlion Heavy Industry Science and Technology    23,800    24,506 
Zoomlion Heavy Industry Science and Technology, Cl A    6,600    7,813 
ZTO Express Cayman ADR    5,103    189,066 
TOTAL CHINA        2,058,791 
SINGAPORE — 1.0%          
Industrials — 1.0%          
BOC Aviation    3,520    20,347 
TOTAL COMMON STOCK          
(Cost $2,246,094)        2,079,138 
TOTAL INVESTMENTS — 99.7%          
(Cost $2,246,094)      $2,079,138 

 

Percentages are based on Net Assets of $2,085,893.

 

* Non-income producing security.

 

ADR — American Depositary Receipt

Cl — Class

 

As of July 31, 2020, 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.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Discretionary ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
CHINA — 99.9%          
Consumer Discretionary — 99.9%          
Alibaba Group Holding ADR *    58,203   $14,610,117 
ANTA Sports Products    551,296    5,228,285 
BAIC BluePark New Energy Technology, Cl A *    138,200    134,491 
BAIC Motor, Cl H    1,341,200    654,143 
Baozun ADR *(A)    35,949    1,512,015 
Bosideng International Holdings    2,655,200    767,419 
Brilliance China Automotive Holdings    2,438,400    2,494,969 
BTG Hotels Group, Cl A    46,800    118,522 
BYD, Cl A *    89,194    1,091,587 
BYD, Cl H    517,000    4,939,724 
Changzhou Xingyu Automotive Lighting Systems, Cl A    13,300    284,023 
China East Education Holdings    450,000    1,056,747 
China Education Group Holdings    497,700    944,000 
China International Travel Service, Cl A    96,458    3,359,389 
China Yuhua Education    961,600    929,316 
Chongqing Changan Automobile, Cl A    189,783    301,107 
Dongfeng Motor Group, Cl H    2,233,146    1,599,179 
Fuyao Glass Industry Group, Cl A    97,551    341,143 
Fuyao Glass Industry Group, Cl H    415,600    1,160,969 
Geely Automobile Holdings    3,021,600    6,354,943 
GOME Electrical Appliances Holding (A)    7,974,400    1,152,400 
Great Wall Motor, Cl H    2,553,797    2,494,419 
Gree Electric Appliances of Zhuhai, Cl A    148,400    1,210,426 
GSX Techedu ADR *(A)    62,329    5,554,761 
Guangzhou Automobile Group, Cl H    2,426,223    2,319,722 
Haidilao International Holding (A)    616,300    2,834,907 
Haier Electronics Group (B)(C)    1,022,500    3,542,376 
Haier Smart Home, Cl A (B)(C)    310,519    801,081 
Hangzhou Robam Appliances, Cl A    46,032    252,880 
Huayu Automotive Systems, Cl A    154,517    465,062 
Huazhu Group ADR    108,499    3,724,771 
JD.com ADR *    238,113    15,189,228 
Joyoung, Cl A    37,000    207,239 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Discretionary ETF

 

  Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Koolearn Technology Holding *(A)    192,600   $892,150 
Li Ning    1,333,100    4,291,611 
Liaoning Cheng Da, Cl A    83,800    335,692 
Meituan Dianping, Cl B *    779,100    19,291,023 
NavInfo, Cl A    94,900    253,393 
New Oriental Education & Technology Group ADR *    53,626    7,518,365 
Ningbo Joyson Electronic, Cl A    59,600    192,709 
Ningbo Tuopu Group, Cl A *    50,800    247,620 
NIO ADR *(A)    730,573    8,723,042 
Offcn Education Technology, Cl A    80,300    367,822 
Oppein Home Group, Cl A    18,935    243,131 
Pinduoduo ADR *    100,124    9,191,383 
SAIC Motor, Cl A    384,200    1,001,076 
Shandong Linglong Tyre, Cl A    66,932    224,953 
Shanghai Jinjiang International Hotels, Cl A    42,427    239,947 
Shanghai Yuyuan Tourist Mart Group, Cl A    156,026    229,659 
Shenzhen Overseas Chinese Town, Cl A    400,600    411,667 
Shenzhou International Group Holdings    372,362    4,444,206 
Songcheng Performance Development, Cl A    124,880    334,159 
Suning.com, Cl A    457,400    675,881 
Suofeiya Home Collection, Cl A    43,700    143,803 
TAL Education Group ADR *    133,610    10,444,294 
TCL, Cl A    663,505    595,298 
Tongcheng-Elong Holdings *(A)    701,000    1,286,189 
Topsports International Holdings    1,021,200    1,228,044 
Trip.com Group ADR *    199,479    5,425,829 
Vipshop Holdings ADR *    286,087    6,514,201 
Weifu High-Technology Group, Cl A    39,600    125,090 
Wuchan Zhongda Group, Cl A    242,900    159,444 
Xiamen Intretech, Cl A    22,100    188,779 
Yum China Holdings    136,502    6,994,363 
Zhejiang Semir Garment, Cl A    112,387    119,680 
Zhejiang Supor, Cl A    26,600    323,329 
Zhejiang Wanfeng Auto Wheel, Cl A    102,700    101,857 
Zhongsheng Group Holdings    457,500    2,824,621 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Discretionary ETF

 

   Shares   Value 
COMMON STOCK — continued 
TOTAL COMMON STOCK          
(Cost $128,168,231)        $183,215,670 
SHORT-TERM INVESTMENT(D)(E) — 8.3% 
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $15,249,788)     15,249,788    15,249,788 
TOTAL INVESTMENTS — 108.2%          
(Cost $143,418,019)        $198,465,458 

 

Percentages are based on Net Assets of $183,464,082.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $14,748,146.
(B) Level 3 security in accordance with fair value hierarchy.
(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 July 31, 2020, was $4,343,457 and represents 2.4% of net assets.
(D) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $15,249,788.
(E) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt

Cl — Class

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $178,872,213   $—   $4,343,457   $183,215,670 
Short-Term Investment   15,249,788    —    —    15,249,788 
Total Investments in Securities  $194,122,001   $—   $4,343,457   $198,465,458 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Discretionary ETF

 

   Investments in 
   Common Stock 
Beginning Balance as of  October 31, 2019  $- 
Transfers out of Level 3   - 
Transfers into Level 3   4,343,457 
Net purchases   - 
Net sales   - 
Realized gain/(loss)   - 
Change in unrealized appreciation/(depreciation)   - 
Ending Balance as of July 31, 2020  $4,343,457 

 

For the period ended July 31, 2020, the transfers in and out of Level 3 were due to changes in the availability of observable inputs to determine fair value.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Staples ETF

 

   Shares   Value 
COMMON STOCK — 99.8%
CHINA — 98.7%          
Consumer Staples — 98.7%
Angel Yeast, Cl A    7,954   $75,125 
Anhui Gujing Distillery, Cl A    3,376    103,013 
Anhui Gujing Distillery, Cl B    12,800    141,193 
Anhui Kouzi Distillery, Cl A    5,300    37,965 
Beijing Dabeinong Technology Group, Cl A    77,800    120,426 
Beijing Shunxin Agriculture, Cl A    6,797    60,281 
Beijing Yanjing Brewery, Cl A    26,100    28,654 
By-health, Cl A    14,000    50,203 
C&S Paper, Cl A    7,000    24,490 
Chacha Food, Cl A    2,300    19,086 
China Feihe    107,000    205,711 
China Mengniu Dairy    286,200    1,342,336 
China Resources Beer Holdings    198,700    1,381,890 
Chongqing Brewery, Cl A    4,272    44,586 
Chongqing Fuling Zhacai Group, Cl A    7,200    40,658 
Dali Foods Group    369,200    225,325 
Foshan Haitian Flavouring & Food, Cl A    25,093    539,748 
Fujian Sunner Development, Cl A    9,600    39,488 
Guangdong Haid Group, Cl A    13,891    127,119 
Heilongjiang Agriculture, Cl A    16,300    44,784 
Henan Shuanghui Investment & Development, Cl A    32,240    252,431 
Hengan International Group    93,800    787,295 
Inner Mongolia Yili Industrial Group, Cl A    62,929    330,372 
Jiangsu King’s Luck Brewery JSC, Cl A    11,000    68,533 
Jiangsu Yanghe Brewery Joint-Stock, Cl A    16,044    310,544 
Jiangxi Zhengbang Technology, Cl A    22,100    68,322 
Jonjee Hi-Tech Industrial And Commercial Holding, Cl A    7,100    71,496 
Juewei Food, Cl A    5,700    70,012 
Kweichow Moutai, Cl A    5,554    1,335,858 
Laobaixing Pharmacy Chain JSC, Cl A *    2,900    43,226 
Luzhou Laojiao, Cl A    16,247    274,724 
Muyuan Foodstuff, Cl A    33,460    438,700 
New Hope Liuhe, Cl A    47,800    222,789 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Consumer Staples ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Proya Cosmetics, Cl A    700   $18,812 
Shanghai Jahwa United, Cl A    6,200    41,364 
Shanxi Xinghuacun Fen Wine Factory, Cl A    10,449    270,074 
Sichuan Swellfun, Cl A    4,768    43,530 
Sun Art Retail Group    342,700    475,789 
Tingyi Cayman Islands Holding    261,100    486,476 
Toly Bread, Cl A    5,000    43,190 
Tongwei, Cl A    59,300    232,024 
Tsingtao Brewery, Cl A    6,200    73,754 
Tsingtao Brewery, Cl H    64,600    575,134 
Uni-President China Holdings    227,000    246,032 
Want Want China Holdings    738,000    545,630 
Wens Foodstuffs Group    62,544    212,895 
Wuliangye Yibin, Cl A    31,473    981,100 
Yifeng Pharmacy Chain, Cl A    4,862    60,158 
Yihai International Holding    69,040    845,830 
Yonghui Superstores, Cl A    118,900    153,199 
Yuan Longping High-tech Agriculture, Cl A    12,000    30,614 
TOTAL CHINA         14,261,988 
HONG KONG — 1.1%          
Consumer Staples — 1.1%
Vinda International Holdings    41,800    157,217 
TOTAL COMMON STOCK          
(Cost $11,791,252)         14,419,205 
TOTAL INVESTMENTS — 99.8%          
(Cost $11,791,252)        $14,419,205 

 

Percentages are based on Net Assets of $14,444,619.

 

* Non-income producing security.

 

Cl — Class
 

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — 99.6%
CHINA — 87.8%          
Health Care — 87.8%
3SBio *    97,100   $118,020 
Aier Eye Hospital Group, Cl A    16,799    109,068 
AK Medical Holdings    16,100    47,052 
Alibaba Health Information Technology *    232,600    642,260 
Apeloa Pharmaceutical, Cl A    2,800    9,551 
Asymchem Laboratories Tianjin, Cl A    780    24,410 
Autobio Diagnostics, Cl A    900    20,989 
Beijing Tiantan Biological Products, Cl A    4,200    29,875 
Beijing Tongrentang, Cl A    9,140    35,422 
Betta Pharmaceuticals, Cl A    1,400    27,728 
BGI Genomics, Cl A    1,300    30,584 
CanSino Biologics, Cl H *    2,820    98,752 
Changchun High & New Technology Industry Group, Cl A    1,272    90,606 
Chengdu Kanghong Pharmaceutical Group, Cl A    2,200    15,062 
China Medical System Holdings    103,500    125,399 
China National Accord Medicines, Cl A    1,300    9,269 
China National Medicines, Cl A    2,200    13,864 
China Resources Pharmaceutical Group    133,400    75,735 
China Resources Sanjiu Medical & Pharmaceutical, Cl A    3,400    14,765 
China Traditional Chinese Medicine Holdings    198,500    101,424 
Chongqing Zhifei Biological Products, Cl A *    5,200    138,622 
CSPC Pharmaceutical Group    331,680    695,869 
Da An Gene of Sun Yat-Sen University, Cl A    2,360    14,659 
Dong-E-E-Jiao, Cl E    4,300    25,095 
Genscript Biotech *    74,600    161,709 
Guangzhou Baiyunshan Pharmaceutical Holdings, Cl A    9,100    48,466 
Guangzhou Kingmed Diagnostics Group, Cl A    1,500    20,729 
Guangzhou Wondfo Biotech, Cl A    600    8,397 
Hangzhou Tigermed Consulting, Cl A    2,816    43,467 
Hansoh Pharmaceutical Group *    32,200    139,184 
Huadong Medicine, Cl A    11,580    46,139 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Hualan Biological Engineering, Cl A    7,070   $65,793 
Hubei Jumpcan Pharmaceutical, Cl A    2,200    7,984 
Innovent Biologics *    62,300    381,830 
Jafron Biomedical, Cl A    2,800    29,456 
Jiangsu Hengrui Medicine, Cl A    21,780    294,614 
Jiangsu Yuyue Medical Equipment & Supply, Cl A    2,900    15,287 
Jilin Aodong Pharmaceutical Group, Cl A    3,500    8,713 
Jinyu Bio-Technology, Cl A    3,600    15,061 
Joincare Pharmaceutical Group Industry, Cl A    5,700    16,233 
Jointown Pharmaceutical Group, Cl A *    12,700    34,074 
Lepu Medical Technology Beijing, Cl A    7,000    43,020 
Livzon Pharmaceutical Group, Cl A    2,000    15,611 
Luye Pharma Group    118,700    74,894 
Meinian Onehealth Healthcare Holdings, Cl A    24,320    53,644 
Nanjing King-Friend Biochemical Pharmaceutical, Cl A    2,600    17,596 
Ovctek China, Cl A     2,000      18,744 
Ping An Healthcare and Technology *    22,600    386,085 
Shandong Buchang Pharmaceuticals, Cl A    7,710    31,670 
Shandong Weigao Group Medical Polymer, Cl H    158,900    403,903 
Shanghai Fosun Pharmaceutical Group, Cl A    7,800    69,568 
Shanghai Fosun Pharmaceutical Group, Cl H    39,200    185,373 
Shanghai Pharmaceuticals Holding, Cl A    6,900    20,273 
Shanghai Pharmaceuticals Holding, Cl H    62,100    110,255 
Shanghai RAAS Blood Products, Cl A    6,600    9,771 
Shenzhen Hepalink Pharmaceutical Group, Cl A    3,500    12,320 
Shenzhen Kangtai Biological Products, Cl A *    2,543    81,955 
Shenzhen Mindray Bio-Medical Electronics, Cl A    3,582    178,139 
Shenzhen Salubris Pharmaceuticals, Cl A    5,700    28,430 
Shijiazhuang Yiling Pharmaceutical, Cl A    4,800    21,904 
Sichuan Kelun Pharmaceutical, Cl A    9,400    30,272 
Sinopharm Group, Cl H    91,700    218,418 
Tianjin Chase Sun Pharmaceutical, Cl A    9,500    7,543 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Tonghua Dongbao Pharmaceutical, Cl A    13,600   $26,723 
Topchoice Medical, Cl A *    1,100    27,818 
Walvax Biotechnology, Cl A *    5,700    66,058 
Winning Health Technology Group, Cl A    7,070    23,387 
WuXi AppTec, Cl A    8,520    137,986 
WuXi AppTec, Cl H    15,440    232,491 
Wuxi Biologics Cayman *    37,340    768,943 
Yifan Pharmaceutical, Cl A    4,200    17,788 
Yunnan Baiyao Group, Cl A    6,810    106,953 
Zai Lab ADR *    2,898    220,567 
Zhangzhou Pientzehuang Pharmaceutical, Cl A    3,040    88,970 
Zhejiang Conba Pharmaceutical, Cl A    9,600    8,269 
Zhejiang Huahai Pharmaceutical, Cl A    4,810    26,541 
Zhejiang NHU, Cl A    8,300    35,021 
Zhejiang Wolwo Bio-Pharmaceutical, Cl A    1,800    17,401 
TOTAL CHINA         7,675,520 
HONG KONG — 11.8%          
Health Care — 11.8%
Hutchison China MediTech ADR *    5,025    136,278 
Sino Biopharmaceutical    624,000    813,193 
SSY Group    130,100    82,087 
TOTAL HONG KONG         1,031,558 
TOTAL COMMON STOCK          
(Cost $6,761,597)         8,707,078 
TOTAL INVESTMENTS — 99.6%          
(Cost $6,761,597)        $8,707,078 

 

Percentages are based on Net Assets of $8,741,033.

 

* Non-income producing security.

 

ADR — American Depositary Receipt
Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — 99.7%
CHINA — 99.7%          
Financials — 99.7%
Agricultural Bank of China, Cl A    444,200   $205,635 
Agricultural Bank of China, Cl H    3,084,088    1,094,326 
Avic Capital, Cl A    97,600    66,305 
Bank of Beijing, Cl A    150,200    103,976 
Bank of Chengdu, Cl A    40,900    48,712 
Bank of China, Cl H    7,719,334    2,589,645 
Bank of China Ltd., Cl A    239,300    114,210 
Bank of Communications, Cl A    240,500    164,073 
Bank of Communications, Cl H    1,168,571    648,352 
Bank of Hangzhou, Cl A    58,045    78,533 
Bank of Jiangsu, Cl A    93,100    80,727 
Bank of Nanjing, Cl A    75,384    83,841 
Bank of Ningbo, Cl A    40,100    166,498 
Bank of Shanghai, Cl A    98,298    116,652 
Caitong Securities, Cl A    37,000    88,771 
Changjiang Securities, Cl A    60,100    74,422 
China Cinda Asset Management, Cl H    1,835,500    345,776 
China Citic Bank Corp Ltd., Cl H    1,245,222    543,063 
China CITIC Bank Corp Ltd., Cl A    61,000    45,112 
China Construction Bank, Cl A    17,400    15,262 
China Construction Bank, Cl H    3,748,826    2,747,456 
China Everbright    227,200    363,511 
China Everbright Bank, Cl A    259,600    140,641 
China Everbright Bank, Cl H    793,200    297,826 
China Galaxy Securities, Cl A    42,100    78,863 
China Galaxy Securities, Cl H    782,000    467,170 
China Great Wall Securities, Cl A *   27,000    55,685 
China Huarong Asset Management, Cl H    2,226,200    252,775 
China International Capital, Cl H    255,400    603,058 
China Life Insurance, Cl A    21,602    112,975 
China Life Insurance, Cl H    675,340    1,556,292 
China Merchants Bank, Cl A    114,429    570,730 
China Merchants Bank, Cl H    396,134    1,847,726 
China Merchants Securities, Cl A    53,830    166,106 
China Minsheng Banking, Cl A    217,000    172,300 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
China Minsheng Banking, Cl H   858,526   $540,581 
China Pacific Insurance Group, Cl A   39,900    168,755 
China Pacific Insurance Group, Cl H   309,112    895,405 
China Reinsurance Group, Cl H   1,795,500    196,921 
China Taiping Insurance Holdings   255,330    452,664 
Chongqing Rural Commercial Bank, Cl H   694,300    281,296 
CITIC Securities, Cl A   60,600    260,214 
CITIC Securities, Cl H   301,896    702,718 
CSC Financial, Cl A   19,900    138,699 
Dongxing Securities, Cl A   32,300    63,653 
East Money Information, Cl A   53,840    205,799 
Everbright Securities, Cl A   40,557    139,564 
Far East Horizon   470,900    387,647 
First Capital Securities, Cl A   67,800    105,433 
Founder Securities, Cl A   75,000    92,228 
GF Securities Ltd., Cl A   45,600    101,954 
GF Securities Ltd., Cl H   318,500    381,779 
Guosen Securities, Cl A   39,745    75,192 
Guotai Junan Securities, Cl A   51,244    135,725 
Guotai Junan Securities, Cl H   200,500    331,657 
Guoyuan Securities, Cl A   45,500    67,886 
Haitong Securities Ltd., Cl A   58,000    117,210 
Haitong Securities Ltd., Cl H   501,300    465,712 
Hithink RoyalFlush Information Network, Cl A   5,380    110,333 
Huaan Securities Ltd., Cl A   50,000    57,974 
Huatai Securities Ltd., Cl A   49,300    146,898 
Huatai Securities Ltd., Cl H   287,700    519,703 
Huaxi Securities, Cl A   37,400    68,344 
Huaxia Bank, Cl A   97,300    88,692 
Hubei Biocause Pharmaceutical, Cl A   83,900    69,022 
Industrial & Commercial Bank of China, Cl A   12,600    8,957 
Industrial & Commercial Bank of China, Cl H   4,589,137    2,711,962 
Industrial Bank, Cl A   129,400    290,430 
Industrial Securities, Cl A   71,600    84,045 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Jiangsu Changshu Rural Commercial Bank, Cl A   43,000   $45,914 
Nanjing Securities, Cl A   31,800    71,419 
New China Life Insurance C, Cl A   15,317    116,042 
New China Life Insurance C, Cl H   138,211    540,346 
Noah Holdings ADR *   8,243    251,164 
Northeast Securities, Cl A   36,400    58,534 
Orient Securities, Cl A   52,100    87,440 
Pacific Securities, Cl A   97,300    60,383 
People’s Insurance Group of China, Cl A *   62,100    63,549 
People’s Insurance Group of China, Cl H   1,373,000    446,435 
PICC Property & Casualty, Cl H   827,263    653,254 
Ping An Bank, Cl A   5,100    9,751 
Ping An Insurance Group of China, Cl A   1,100    11,966 
Ping An Insurance Group of China, Cl H   295,914    3,134,698 
Postal Savings Bank of China, Cl H   1,120,100    617,123 
Qingdao Rural Commercial Bank, Cl A   74,800    60,357 
SDIC Capital, Cl A   32,400    68,773 
Sealand Securities, Cl A   74,310    59,961 
Shanghai Pudong Development Bank, Cl A   183,014    271,744 
Shanxi Securities, Cl A   59,940    71,046 
Shenwan Hongyuan Group, Cl A *   161,000    134,527 
Sinolink Securities, Cl A   42,600    88,103 
SooChow Securities, Cl A   48,980    80,168 
Southwest Securities, Cl A   91,800    76,969 
Tianfeng Securities, Cl A   68,700    70,696 
Western Securities, Cl A   38,400    54,596 
Zheshang Securities, Cl A   34,300    81,212 
ZhongAn Online P&C Insurance, Cl H * (A)   94,300    565,177 
TOTAL COMMON STOCK          
(Cost $41,238,177)        34,423,404 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Financials ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(B)(C) — 1.3%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $445,473)   445,473   $445,473 
TOTAL INVESTMENTS — 101.0%          
(Cost $41,683,650)       $34,868,877 

 

Percentages are based on Net Assets of $34,537,825.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $423,793.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $445,473.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt
Cl — Class
Ltd. — Limited

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — 99.7%
CHINA — 98.4%          
Information Technology — 98.4%
360 Security Technology, Cl A   16,859   $46,924 
AAC Technologies Holdings   106,600    848,651 
Accelink Technologies, Cl A   3,900    18,054 
Addsino, Cl A   6,300    15,991 
Aisino, Cl A   24,700    61,916 
AVIC Jonhon Optronic Technology, Cl A   6,100    38,074 
Beijing E-Hualu Information Technology, Cl A *   2,200    15,797 
Beijing Shiji Information Technology, Cl A   11,700    61,625 
Beijing Sinnet Technology, Cl A   8,700    32,557 
Beijing Thunisoft, Cl A   3,900    14,840 
BOE Technology Group, Cl A   302,600    202,536 
BYD Electronic International   120,700    422,829 
Chaozhou Three-Circle Group, Cl A   19,600    80,397 
China Greatwall Technology Group, Cl A   17,500    45,899 
China National Software & Service, Cl A   2,600    35,341 
China Railway Signal & Communication, Cl H   324,900    141,275 
China TransInfo Technology, Cl A   7,800    26,215 
Dawning Information Industry, Cl A   7,200    45,797 
DHC Software, Cl A   43,000    75,064 
Fiberhome Telecommunication Technologies, Cl A   5,300    21,565 
Foxconn Industrial Internet, Cl A   40,300    84,271 
Fujian Star-net Communication, Cl A   2,800    13,195 
GCL System Integration Technology, Cl A *   38,700    17,028 
GDS Holdings ADR *   9,868    792,302 
Gigadevice Semiconductor Beijing, Cl A   3,224    106,970 
Glodon, Cl A   6,500    71,295 
GoerTek, Cl A   44,100    269,887 
GRG Banking Equipment, Cl A   13,100    27,036 
Guangzhou Haige Communications Group, Cl A   31,100    64,186 
Guangzhou Shiyuan Electronic Technology, Cl A   3,400    50,635 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Hangzhou Hikvision Digital Technology, Cl A   78,600   $416,699 
Hangzhou Silan Microelectronics, Cl A   5,200    15,025 
Hengtong Optic-electric, Cl A   25,900    61,360 
Holitech Technology, Cl A *   22,200    16,736 
Hua Hong Semiconductor   91,600    401,848 
Huagong Tech, Cl A   4,800    16,084 
Hubei Kaile Science & Technology, Cl A   9,100    18,585 
Hundsun Technologies, Cl A   14,181    222,616 
Iflytek   24,300    127,538 
Inspur Electronic Information Industry, Cl A   9,252    50,336 
Kingboard Holdings   113,600    331,997 
Kingdee International Software Group   339,700    937,987 
Kingsoft   124,500    633,729 
Legend Holdings, Cl H   57,350    74,442 
Lenovo Group   1,050,500    632,995 
Lens Technology, Cl A   40,400    190,210 
Leyard Optoelectronic, Cl A   16,100    16,614 
Lingyi iTech Guangdong, Cl A *   39,100    66,463 
LONGi Green Energy Technology, Cl A   38,650    314,640 
Luxshare Precision Industry, Cl A   62,043    520,993 
NAURA Technology Group, Cl A   3,280    98,011 
Newland Digital Technology, Cl A   6,700    16,593 
Ninestar, Cl A   13,900    75,942 
O-film Tech, Cl A   36,400    101,470 
Sanan Optoelectronics, Cl A   53,700    207,342 
Sangfor Technologies, Cl A   2,110    64,677 
Semiconductor Manufacturing International *   453,800    1,747,816 
SG Micro, Cl A   600    31,216 
Shanghai 2345 Network Holding Group, Cl A   80,910    35,832 
Shanghai Baosight Software, Cl A   4,800    49,016 
Shengyi Technology, Cl A   14,400    59,377 
Shennan Circuits, Cl A   3,182    70,296 
Shenzhen Goodix Technology, Cl A   2,850    85,023 
Shenzhen Kaifa Technology, Cl A   5,300    19,195 
Shenzhen Kingdom Sci-Tech, Cl A   5,600    15,635 
Shenzhen Sunway Communication, Cl A   5,300    42,014 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Sunny Optical Technology Group   84,460   $1,589,987 
Suzhou Dongshan Precision Manufacturing, Cl A   18,400    77,400 
Thunder Software Technology, Cl A   1,600    22,244 
Tianjin 712 Communication & Broadcasting, Cl A   3,500    22,197 
Tianjin Zhonghuan Semiconductor, Cl A   16,700    58,234 
Tianma Microelectronics, Cl A   27,400    66,014 
Tianshui Huatian Technology, Cl A   11,200    26,534 
TongFu Microelectronics, Cl A   4,000    15,404 
Travelsky Technology, Cl H   161,200    309,912 
Tunghsu Optoelectronic Technology, Cl A   79,800    32,024 
Unigroup Guoxin Microelectronics, Cl A   3,000    54,537 
Unisplendour, Cl A *   12,867    80,773 
Universal Scientific Industrial Shanghai, Cl A   6,500    22,554 
Venustech Group, Cl A   4,900    27,726 
Visionox Technology, Cl A *   7,900    18,478 
Wangsu Science & Technology, Cl A   31,500    40,451 
Westone Information Industry, Cl A   4,300    13,491 
Will Semiconductor, Cl A   4,130    121,723 
Wingtech Technology, Cl A   6,740    146,880 
Wonders Information, Cl A   4,800    18,451 
Wuhan Guide Infrared, Cl A   9,070    50,711 
Wuhu Token Science, Cl A   10,500    18,360 
WUS Printed Circuit Kunshan, Cl A   9,300    32,070 
Wuxi Lead Intelligent Equipment, Cl A   10,400    65,629 
Wuxi Taiji Industry, Cl A   8,600    14,212 
Xiaomi, Cl B *   752,300    1,438,556 
Xinyi Solar Holdings   573,400    627,394 
Yealink Network Technology, Cl A   4,200    37,881 
Yonyou Network Technology, Cl A   31,156    209,962 
Zhejiang Dahua Technology, Cl A   40,400    123,274 
Zhejiang Jingsheng Mechanical & Electrical, Cl A   4,100    14,591 
Zhongji Innolight, Cl A   3,400    28,790 
ZTE, Cl A *   35,200    197,611 
ZTE, Cl H   120,500    356,050 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued          
TOTAL CHINA       $17,514,609 
HONG KONG — 1.3%          
Information Technology — 1.3%          
Kingboard Laminates Holdings   209,100    234,995 
TOTAL COMMON STOCK          
(Cost $14,830,056)        17,749,604 
TOTAL INVESTMENTS — 99.7%          
(Cost $14,830,056)       $17,749,604 

 

Percentages are based on Net Assets of $17,800,341.

 

* Non-income producing security.

 

ADR — American Depositary Receipt
Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Communication Services ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
CHINA — 98.0%        
Communication Services — 98.0%
58.com ADR *    9,036   $500,323 
Autohome ADR    5,891    516,346 
Baidu ADR *    11,105    1,325,937 
Beijing Enlight Media, Cl A    182,100    347,118 
Beijing Kunlun Tech, Cl A    68,000    262,751 
Bilibili ADR *    8,955    390,259 
China Film, Cl A *    150,681    313,790 
China Literature *    600    3,944 
China Mobile    184,900    1,266,831 
China South Publishing & Media Group, Cl A    168,972    258,402 
China Telecom, Cl H    1,257,800    374,896 
China Tower, Cl H    2,682,800    488,084 
China Unicom Hong Kong    548,000    305,458 
China United Network Communications, Cl A    428,700    312,128 
Chinese Universe Publishing and Media Group, Cl A    136,750    248,325 
Focus Media Information Technology, Cl A    391,500    340,032 
G-bits Network Technology Xiamen, Cl A    5,274    468,649 
Giant Network Group, Cl A    116,000    350,797 
HUYA ADR *    16,197    393,911 
iQIYI ADR *    20,153    425,228 
JOYY ADR *    6,716    536,071 
Leo Group, Cl A    375,500    191,591 
Mango Excellent Media, Cl A *    46,320    451,964 
Momo ADR    14,390    265,783 
NanJi E-Commerce, Cl A    131,000    367,808 
NetEase ADR    3,449    1,581,091 
Oriental Pearl Group, Cl A *    230,800    335,420 
Perfect World, Cl A    77,010    423,612 
SINA *    10,952    441,913 
Tencent Holdings    24,395    1,680,851 
Tencent Music Entertainment Group ADR *    241    3,890 
Wanda Film Holding, Cl A    120,500    299,642 
Weibo ADR * (A)    8,756    302,608 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Communication Services ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued          
Wuhu Sanqi Interactive Entertainment Network Technology Group, Cl A   64,251   $419,914 
Youzu Interactive, Cl A   91,800    292,218 
Zhejiang Century Huatong Group, Cl A *   135,620    235,193 
         16,722,778 
Information Technolgy — 0.0%          
National Agricultural Holdings *(B)(C)(D)   204,200    3 
TOTAL CHINA         16,722,781 
HONG KONG— 2.0%          
Communication Services — 2.0%          
Alibaba Pictures Group *   2,453,000    341,828 
TOTAL COMMON STOCK          
(Cost $16,809,973)         17,064,609 
SHORT-TERM INVESTMENT(E)(F) — 1.3%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $229,845)   229,845    229,845 
TOTAL INVESTMENTS — 101.3%          
(Cost $17,039,818)       $17,294,454 

 

Percentages are based on Net Assets of $17,068,852.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $226,956.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of July 31, 2020 was $3 and represented 0.0% 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 July 31, 2020, was $3 and represents 0.0% of net assets.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $229,845.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Communication Services ETF

 

ADR — American Depositary Receipt
Cl — Class
 

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total 
Common Stock  $17,064,606   $—   $3   $17,064,609 
Short-Term Investment   229,845    —    —    229,845 
Total Investments in Securities  $17,294,451   $—   $3   $17,294,454 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Utilities ETF

 

   Shares   Value 
COMMON STOCK — 99.7%
CHINA— 99.7%        
Utilities — 99.7%
Beijing Enterprises Holdings    17,800   $62,241 
Beijing Enterprises Water Group    157,900    67,029 
CGN Power, Cl H    257,000    54,052 
Chengdu Xingrong Environment, Cl A    19,300    14,107 
China Gas Holdings    35,190    105,794 
China Longyuan Power Group, Cl H    126,000    90,229 
China National Nuclear Power, Cl A    60,800    37,819 
China Power International Development    232,900    43,574 
China Resources Gas Group    23,120    113,956 
China Resources Power Holdings    55,150    70,306 
China Yangtze Power, Cl A    46,000    121,110 
ENN Energy Holdings    10,590    128,307 
GD Power Development, Cl A    121,100    35,407 
Guangdong Investment    60,160    97,185 
Huadian Power International, Cl A    45,300    23,568 
Huaneng Power International, Cl A    26,000    17,477 
Huaneng Power International, Cl H    121,300    51,806 
Hubei Energy Group, Cl A    28,100    15,183 
Inner Mongolia MengDian HuaNeng Thermal Power, Cl A    37,600    13,634 
Kunlun Energy    96,360    80,567 
Luenmei Quantum, Cl A    9,900    20,702 
SDIC Power Holdings, Cl A    33,200    41,017 
Shanghai Electric Power, Cl A    17,000    19,126 
Shenergy, Cl A    32,800    26,796 
Shenzhen Energy Group, Cl A    26,480    21,519 
Sichuan Chuantou Energy, Cl A    26,000    35,587 
TOTAL COMMON STOCK          
(Cost $1,473,911)         1,408,098 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Utilities ETF

 

   Face Amount   Value 
U.S TREASURY OBLIGATION — 7.1%
United States Treasury Bill          
0.075%,  08/11/20(A)          
(Cost $99,998)    $100,000   $99,998 
TOTAL INVESTMENTS — 106.8%          
(Cost $1,573,909)        $1,508,096 

 

Percentages are based on Net Assets of $1,411,821.

 

(A) The rate reported on the Schedule of Investments is the effective yield at time of purchase.

 

Cl — Class
 

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:
 
Investments in Securities   Level 1     Level 2     Level 3     Total  
Common Stock   $ 1,408,098     $ —     $ —     $ 1,408,098  
U.S Treasury Obligation     —       99,998       —       99,998  
Total Investments in Securities   $ 1,408,098     $ 99,998     $ —     $ 1,508,096  

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Real Estate ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 97.2%        
Real Estate — 97.2%
Agile Group Holdings    117,700   $149,285 
Beijing Capital Development, Cl A    9,400    9,094 
China Aoyuan Group    116,800    147,089 
China Enterprise    13,600    8,304 
China Evergrande Group    134,300    376,897 
China Fortune Land Development, Cl A    18,720    46,550 
China Jinmao Holdings Group    439,600    298,920 
China Merchants Property Operation & Service, Cl A    2,200    10,657 
China Merchants Shekou Industrial Zone Holdings, Cl A    32,900    80,443 
China Overseas Land & Investment    200,400    610,235 
China Overseas Property Holdings    7,100    7,411 
China Resources Land    165,700    690,578 
China Vanke, Cl A    13,900    53,470 
China Vanke, Cl H    96,100    302,552 
CIFI Holdings Group    256,400    230,257 
Country Garden Holdings    517,100    663,874 
Financial Street Holdings, Cl A    28,700    28,382 
Gemdale, Cl A    29,600    59,351 
Grandjoy Holdings Group, Cl A    11,400    8,954 
Greenland Holdings Group, Cl A    51,200    59,953 
Guangzhou R&F Properties    119,900    138,152 
Jiangsu Zhongnan Construction Group, Cl A    13,700    18,555 
Jinke Properties Group, Cl A    46,800    58,355 
Kaisa Group Holdings    268,000    118,954 
KWG Group Holdings    112,100    199,605 
Logan Property Holdings    119,100    206,230 
Longfor Group Holdings    131,000    647,378 
Oceanwide Holdings, Cl A    33,200    20,033 
Poly Developments and Holdings Group, Cl A    49,753    111,240 
Poly Property Services    7,000    73,656 
RiseSun Real Estate Development, Cl A    33,200    39,113 
Seazen Group    188,200    178,482 
Seazen Holdings, Cl A    11,200    54,626 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI China Real Estate ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Shanghai Lujiazui Finance & Trade Zone Development, Cl B    116,269   $97,666 
Shanghai Zhangjiang High-Tech Park Development, Cl A    9,900    28,562 
Shenzhen Investment    320,900    100,615 
Shimao Property Holdings    77,600    328,915 
Shui On Land    462,100    68,568 
Sichuan Languang Development, Cl A    11,100    8,511 
Sino-Ocean Group Holding    327,200    78,948 
SOHO China *    248,000    92,158 
Sunac China Holdings    150,100    706,905 
Xinhu Zhongbao, Cl A    81,800    39,978 
Yango Group, Cl A    14,700    14,600 
Youngor Group, Cl A    10,300    9,846 
Yuexiu Property    691,100    126,624 
Yuzhou Properties    208,900    93,800 
Zhenro Properties Group    104,400    66,410 
Zhongtian Financial Group, Cl A *    19,300    9,930 
TOTAL CHINA         7,578,671 
           
HONG KONG— 2.7%          
Real Estate — 2.7%
Wharf Holdings    123,600    209,875 
TOTAL COMMON STOCK          
(Cost $8,048,487)         7,788,546 
TOTAL INVESTMENTS — 99.9%          
(Cost $8,048,487)        $7,788,546 

 

Percentages are based on Net Assets of $7,795,063.

 

* Non-income producing security.

 

Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI China Large-Cap 50 ETF

 

   Shares   Value 
COMMON STOCK — 99.8%
CHINA — 98.8%          
Communication Services — 17.7%
Baidu ADR *    645   $77,013 
China Mobile    13,260    90,850 
NetEase ADR    203    93,059 
Tencent Holdings    4,590    316,258 
         577,180 
Consumer Discretionary — 27.6%
Alibaba Group Holding ADR *    1,172    294,196 
ANTA Sports Products    2,800    26,554 
JD.com ADR *    1,890    120,563 
Meituan Dianping, Cl B *    6,140    152,030 
New Oriental Education & Technology Group ADR *    422    59,164 
Pinduoduo ADR *    500    45,900 
Shenzhou International Group Holdings    2,700    32,225 
TAL Education Group ADR *    1,027    80,281 
Trip.com Group ADR *    1,247    33,918 
Yum China Holdings    1,077    55,185 
         900,016 
Consumer Staples — 11.7%
China Mengniu Dairy    10,100    47,371 
Foshan Haitian Flavouring & Food, Cl A    2,040    43,880 
Kweichow Moutai, Cl A    749    180,151 
Muyuan Foodstuff, Cl A    2,380    31,205 
Wuliangye Yibin, Cl A    2,538    79,116 
         381,723 
Energy — 2.4%
China Petroleum & Chemical, Cl H    68,700    29,429 
CNOOC    44,700    47,295 
         76,724 
Financials — 20.2%
Agricultural Bank of China, Cl H    80,400    28,528 
Bank of China, Cl H    192,900    64,713 
China Construction Bank, Cl H    187,500    137,416 
China Life Insurance, Cl H    20,850    48,048 
China Merchants Bank, Cl H    11,150    52,008 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI China Large-Cap 50 ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
CITIC Securities, Cl A    7,500   $32,205 
Industrial & Commercial Bank of China, Cl H    136,700    80,783 
Industrial Bank, Cl A    14,100    31,647 
Ping An Bank, Cl A    13,900    26,576 
Ping An Insurance Group of China, Cl H    12,040    127,543 
Shanghai Pudong Development Bank, Cl A    20,600    30,587 
         660,054 
Health Care — 4.8%
CSPC Pharmaceutical Group    13,800    28,953 
Jiangsu Hengrui Medicine, Cl A    3,696    49,995 
Shenzhen Mindray Bio-Medical Electronics, Cl A    760    37,796 
Wuxi Biologics Cayman *    1,900    39,127 
         155,871 
Industrials — 2.3%
Contemporary Amperex Technology, Cl A    1,500    45,613 
ZTO Express Cayman ADR    756    28,010 
         73,623 
Information Technology — 5.1%
Hangzhou Hikvision Digital Technology, Cl A    6,600    34,990 
Luxshare Precision Industry, Cl A    5,199    43,657 
Sunny Optical Technology Group    2,240    42,169 
Xiaomi, Cl B *    23,200    44,363 
         165,179 
Materials — 0.7%
Anhui Conch Cement, Cl A    2,600    22,888 
Real Estate — 5.1%
China Overseas Land & Investment    12,000    36,541 
China Resources Land    9,400    39,176 
China Vanke, Cl A    7,000    26,928 
Country Garden Holdings    19,200    24,650 
Sunac China Holdings    8,650    40,737 
         168,032 
Utilities — 1.2%
China Yangtze Power, Cl A    14,800    38,966 
TOTAL CHINA         3,220,256 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI China Large-Cap 50 ETF

 

   Shares   Value 
COMMON STOCK — continued
HONG KONG — 1.0%          
Health Care — 1.0%
Sino Biopharmaceutical    26,100   $34,013 
TOTAL COMMON STOCK          
(Cost $2,598,959)         3,254,269 
TOTAL INVESTMENTS — 99.8%          
(Cost $2,598,959)        $3,254,269 

 

Percentages are based on Net Assets of $3,261,965.

 

* Non-income producing security.

 

ADR — American Depositary Receipt
Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Greece ETF

 

   Shares   Value 
COMMON STOCK — 99.5%
GREECE — 93.3%          
Communication Services — 20.2%
Hellenic Telecommunications Organization    1,806,909   $26,708,246 
Consumer Discretionary — 21.8%
FF Group *(A)(B)(C)    452,712    5,353 
FF Group ADR *(A)(B)(C)    200,300    2,369 
JUMBO    460,914    9,052,919 
JUMBO ADR    340,000    6,678,008 
OPAP    773,858    6,982,081 
OPAP ADR    1,404,900    6,097,266 
         28,817,996 
Consumer Staples — 2.1%
Sarantis    274,526    2,743,085 
Energy — 8.3%
Capital Product Partners (E)    146,129    825,629 
GasLog Partners    308,636    1,178,990 
Hellenic Petroleum    517,473    3,194,164 
Motor Oil Hellas Corinth Refineries    178,444    2,413,943 
Motor Oil Hellas Corinth Refineries ADR (D)    368,300    2,382,901 
Tsakos Energy Navigation    120,047    1,044,409 
         11,040,036 
Financials — 17.3%
Alpha Bank AE *    9,611,469    5,932,795 
Eurobank Ergasias *    16,019,877    6,740,067 
Hellenic Exchanges - Athens Stock Exchange    528,244    1,877,060 
National Bank of Greece *    3,736,787    4,911,418 
Piraeus Bank *(D)    2,443,106    3,342,525 
         22,803,865 
Industrials — 9.6%
Aegean Airlines *    280,945    1,179,366 
Ellaktor *    1,268,212    1,604,629 
GEK Terna Holding Real Estate Construction *    483,316    3,303,377 
Mytilineos Holdings    281,576    2,610,422 
Mytilineos Holdings ADR    426,200    3,951,215 
         12,649,009 
Real Estate — 2.9%
LAMDA Development *    577,878    3,854,023 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Greece ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — 11.1%
Athens Water Supply & Sewage    368,355   $2,870,457 
Holding ADMIE IPTO    1,023,311    2,674,231 
Public Power *(D)    910,471    4,123,481 
Terna Energy    381,481    4,980,135 
         14,648,304 
TOTAL GREECE         123,264,564 
MONACO — 0.9%          
Energy — 0.9%
GasLog (D)    391,017    1,141,770 
UNITED STATES — 5.3%          
Energy — 2.0%
Dorian LPG *    303,689    2,593,504 
Materials — 3.3%
Titan Cement International    336,263    4,365,967 
TOTAL UNITED STATES         6,959,471 
TOTAL COMMON STOCK          
(Cost $209,161,650)         131,365,805 
           
SHORT-TERM INVESTMENT(F)(G) — 3.5%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $4,607,224)     4,607,224    4,607,224 
TOTAL INVESTMENTS — 103.0%          
(Cost $213,768,874)        $135,973,029 

 

Percentages are based on Net Assets of $132,067,800.

 

* 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 July 31, 2020 was $7,722 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 July 31, 2020, was $7,722 and represents 0.0% of net assets.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Greece ETF

 

(D) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $4,428,960.
(E) Security considered Master Limited Partnership. At July 31, 2020, these amounted to $825,629 or 0.6% of net assets.
(F) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $4,607,224.
(G) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities     Level 1       Level 2       Level 3(1)       Total  
Common Stock   $ 131,358,083     $ —     $ 7,722      $ 131,365,805  
Short-Term Investment     4,607,224       —       —       4,607,224  
Total Investments in Securities   $ 135,965,307     $ —     $ 7,722      $ 135,973,029  

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Norway ETF

 

   Shares   Value 
COMMON STOCK — 99.5%
FAROE ISLANDS — 2.6%          
Consumer Staples — 2.6%
Bakkafrost P/F *    13,679   $830,939 
FRANCE — 3.0%          
Communication Services — 3.0%
Adevinta, Cl B *    59,128    956,067 
NORWAY — 91.8%          
Communication Services — 11.8%
Schibsted, Cl B    26,139    861,429 
Telenor    183,430    2,845,748 
         3,707,177 
Consumer Discretionary — 0.6%
Europris    41,226    201,978 
Consumer Staples — 16.0%
Austevoll Seafood    27,025    228,015 
Grieg Seafood    13,137    133,123 
Leroy Seafood Group    79,485    461,912 
Mowi    111,347    2,008,915 
Norway Royal Salmon    3,415    85,010 
Orkla    144,978    1,429,204 
Salmar    14,137    672,060 
         5,018,239 
Energy — 15.0%
BW Offshore    24,030    82,792 
DNO International    191,955    120,938 
Equinor    258,809    3,828,464 
Frontline    26,628    212,347 
Ocean Yield    20,686    50,355 
TGS Nopec Geophysical    30,399    447,337 
         4,742,233 
Financials — 22.9%
Aker, Cl A    6,414    270,298 
DnB *    241,521    3,685,790 
Gjensidige Forsikring    53,874    1,106,100 
Norwegian Finance Holding    31,549    232,999 
Protector Forsikring (A)    21,295    102,735 
Sbanken    19,514    140,570 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Norway ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Sparebank 1 Nord Norge    31,818   $219,390 
Sparebank 1 Oestlandet    8,699    84,222 
SpareBank 1 SMN    36,006    308,945 
SpareBank 1 SR-Bank *    43,882    347,282 
Storebrand    123,129    670,243 
         7,168,574 
Industrials — 9.4%
Bonheur    4,822    113,661 
Golden Ocean Group    28,673    110,222 
Hexagon Composites    19,675    102,592 
Kongsberg Gruppen    21,083    319,536 
NEL, Cl A *    321,471    660,905 
Norwegian Air Shuttle * (A)    121,780    30,476 
Stolt-Nielsen    9,020    81,170 
TOMRA Systems *    27,770    1,141,834 
Veidekke    26,684    362,102 
Wallenius Wilhelmsen, Cl B    26,027    38,702 
         2,961,200 
Information Technology — 2.4%
Atea    24,278    280,248 
Crayon Group Holding *    7,256    56,745 
Nordic Semiconductor *    41,191    404,703 
         741,696 
Materials — 9.6%
Borregaard    31,261    413,193 
Elkem    59,491    112,772 
Norsk Hydro    334,207    935,015 
Yara International    37,374    1,565,543 
         3,026,523 
Real Estate — 2.3%
Entra    43,057    607,522 
Selvaag Bolig    20,758    115,692 
         723,214 
Utilities — 1.8%
Fjordkraft Holding    19,768    176,585 
Scatec Solar *    22,565    389,718 
         566,303 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI Norway ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL NORWAY        $28,857,137 
SINGAPORE — 0.5%          
Energy — 0.5%
BW LPG    26,150    107,321 
Hafnia    20,184    35,615 
TOTAL SINGAPORE         142,936 
UNITED KINGDOM — 1.6%          
Energy — 1.6%
FLEX LNG    6,783    37,617 
Subsea 7    63,175    474,847 
TOTAL UNITED KINGDOM         512,464 
TOTAL COMMON STOCK          
(Cost $41,870,722)         31,299,543 
SHORT-TERM INVESTMENT(B)(C) — 0.3%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $103,032)     103,032    103,032 
TOTAL INVESTMENTS — 99.8%          
(Cost $41,973,754)        $31,402,575 

 

Percentages are based on Net Assets of $31,452,060.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $99,775.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $103,032.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X DAX Germany ETF

 

   Shares   Value 
COMMON STOCK — 95.7%
GERMANY— 84.6%        
Communication Services — 5.0%
Deutsche Telekom    69,792   $1,169,018 
Consumer Discretionary — 10.6%
adidas    3,747    1,036,366 
Bayerische Motoren Werke    6,596    426,645 
Continental    2,262    220,832 
Daimler    17,398    769,432 
         2,453,275 
Consumer Staples — 1.1%
Beiersdorf    2,067    247,232 
Financials — 15.7%
Allianz    8,570    1,785,809 
Deutsche Bank    43,503    390,497 
Deutsche Boerse    3,797    694,143 
Muenchener Rueckversicherungs-Gesellschaft in Muenchen    2,904    771,955 
         3,642,404 
Health Care — 10.8%
Bayer    20,444    1,359,598 
Fresenius & KGaA    8,649    432,312 
Fresenius Medical Care & KGaA    4,075    359,569 
Merck KGaA    2,724    348,041 
         2,499,520 
Industrials — 13.0%
Deutsche Post    20,349    824,384 
MTU Aero Engines    1,106    192,056 
Siemens    15,579    1,995,480 
         3,011,920 
Information Technology — 13.8%
Infineon Technologies    26,904    672,226 
SAP    15,910    2,516,867 
Wirecard *    2,404    5,499 
         3,194,592 
Materials — 5.8%
BASF    19,100    1,057,234 
Covestro    3,345    129,976 

 

 

 

 

tm 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X DAX Germany ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
HeidelbergCement    3,089   $172,409 
         1,359,619 
Real Estate — 4.4%
Deutsche Wohnen    6,591    321,105 
Vonovia    10,848    707,833 
         1,028,938 
Utilities — 4.4%
E.ON    45,640    536,237 
RWE    12,999    491,572 
         1,027,809 
TOTAL GERMANY         19,634,327 
UNITED KINGDOM — 11.1%          
Materials — 11.1%
Linde    10,568    2,583,047 
TOTAL COMMON STOCK          
(Cost $24,064,008)         22,217,374 
PREFERRED STOCK — 4.0%
GERMANY— 4.0%          
Consumer Discretionary — 2.4%          
Volkswagen(A)    3,806    562,572 
Consumer Staples — 1.6%          
Henkel & KGaA(A)    3,676    362,527 
TOTAL PREFERRED STOCK          
(Cost $1,226,277)         925,099 
TOTAL INVESTMENTS — 99.7%          
(Cost $25,290,285)        $23,142,473 

 

Percentages are based on Net Assets of $23,201,548.

 

* Non-income producing security.
(A) There’s currently no stated interest rate.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X DAX Germany ETF

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Portugal ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
NETHERLANDS — 3.9%        
Communication Services — 3.9%
Altice Europe *    131,712   $624,552 
PORTUGAL — 90.6%          
Communication Services — 7.0%
NOS SGPS    184,774    818,916 
Pharol SGPS * (A)    1,345,879    189,070 
Sonaecom    64,053    120,430 
         1,128,416 
Consumer Discretionary — 1.1%
Ibersol SGPS    28,838    186,190 
Consumer Staples — 8.3%
Jeronimo Martins (A)    41,664    704,278 
Sonae    901,004    632,867 
         1,337,145 
Energy — 18.7%
Galp Energia    287,877    3,029,675 
Financials — 4.7%
Banco Comercial Portugues, Cl R (A)    6,580,459    764,129 
Banco Espirito Santo *(B)(C)(D)    2,085,614    — 
BANIF - Banco Internacional do Funchal *(B)(C)(D)    55,479,410    13 
         764,142 
Industrials — 6.3%
CTT-Correios de Portugal (A)    241,400    649,408 
Mota-Engil (A)    166,692    230,621 
Sonae Capital    176,170    99,994 
Teixeira Duarte * (A)    340,351    39,522 
         1,019,545 
Materials — 15.2%
Altri    118,293    586,660 
Corticeira Amorim SGPS    60,930    711,128 
Navigator    269,807    674,462 
Ramada Investimentos E Industria    13,272    49,907 
Semapa-Sociedade de Investimento e Gestao    49,012    443,366 
         2,465,523 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Portugal ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — 29.3%
Energias de Portugal    804,336   $4,075,561 
REN - Redes Energeticas Nacionais (A)    234,275    678,721 
         4,754,282 
TOTAL PORTUGAL         14,684,918 
SPAIN — 5.4%          
Utilities — 5.4%
EDP Renovaveis    53,790    882,857 
TOTAL COMMON STOCK          
(Cost $23,291,455)         16,192,327 
SHORT-TERM INVESTMENT(E)(F) — 15.7%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $2,533,555)     2,533,555    2,533,555 
TOTAL INVESTMENTS — 115.6%          
(Cost $25,825,010)        $18,725,882 

 

Percentages are based on Net Assets of $16,203,345.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $2,388,055.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of July 31, 2020 was $13 and represented 0.0% 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 July 31, 2020, was $13 and represents 0.0% of net assets.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $2,533,555.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Portugal ETF

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities   Level 1     Level 2     Level 3(1)     Total  
Common Stock   $ 16,192,314     $ —     $ 13     $ 16,192,327  
Short-Term Investment     2,533,555       —       —       2,533,555  
Total Investments in Securities   $ 18,725,869     $ —     $ 13     $ 18,725,882  

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Colombia ETF

 

   Shares   Value 
COMMON STOCK — 91.0%
CHILE — 5.3%        
Energy — 3.0%
Empresas COPEC    132,245   $1,079,779 
Utilities — 2.3%
Enel Americas    5,189,108    805,286 
TOTAL CHILE         1,885,065 
COLOMBIA — 84.0%          
Consumer Staples — 3.8%
Grupo Nutresa    245,404    1,329,589 
Energy — 16.5%
Canacol Energy    434,253    1,137,908 
Ecopetrol ADR (A)    401,732    4,676,161 
         5,814,069 
Financials — 37.6%
Banco de Bogota    70,382    1,171,920 
BanColombia    401,672    2,887,293 
BanColombia ADR (A)    183,913    5,134,851 
Financiera Colombiana *    218,313    1,458,020 
Grupo Aval Acciones y Valores ADR    275,499    1,259,030 
Grupo de Inversiones Suramericana    255,125    1,327,514 
         13,238,628 
Materials — 7.2%
Cementos Argos    999,213    980,898 
Cemex Latam Holdings *    883,621    419,492 
Grupo Argos    410,664    1,123,495 
         2,523,885 
Utilities — 18.9%
Celsia ESP    1,277,462    1,440,782 
Grupo Energia Bogota ESP    2,512,561    1,543,251 
Interconexion Electrica    714,881    3,681,455 
         6,665,488 
TOTAL COLOMBIA         29,571,659 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Colombia ETF

 

   Shares   Value 
COMMON STOCK — continued
UNITED STATES — 1.7%        
Materials — 1.7%
Tecnoglass    120,028   $594,139 
TOTAL COMMON STOCK          
(Cost $47,003,647)         32,050,863 
PREFERRED STOCK — 8.8%
COLOMBIA — 8.8%          
Financials — 5.7%          
Banco Davivienda(B)    210,218    1,556,193 
Grupo Aval Acciones y Valores(B)    1,431,941    334,140 
Grupo de Inversiones Suramericana(B)    25,964    113,652 
         2,003,985 
Materials — 3.1%          
Cementos Argos(B)    633,896    538,117 
Grupo Argos(B)    263,612    547,256 
         1,085,373 
TOTAL PREFERRED STOCK          
(Cost $5,197,953)         3,089,358 
SHORT-TERM INVESTMENT(C)(D) — 9.2%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $3,247,145)     3,247,145    3,247,145 
TOTAL INVESTMENTS — 109.0%          
(Cost $55,448,745)        $38,387,366 

 

Percentages are based on Net Assets of $35,203,149.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $3,151,488.
(B) There’s currently no stated interest rate.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $3,247,145.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Colombia ETF

 

ADR — American Depositary Receipt

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Argentina ETF

 

   Shares   Value 
COMMON STOCK — 96.7%
ARGENTINA — 78.4%          
Communication Services — 4.0%
Telecom Argentina ADR    217,030   $1,892,502 
Consumer Discretionary — 27.2%
Despegar.com *    157,558    1,214,772 
MercadoLibre *    10,431    11,730,911 
         12,945,683 
Energy — 7.8%
Transportadora de Gas del Sur ADR *    236,268    1,327,826 
YPF ADR (A)    382,688    2,384,146 
         3,711,972 
Financials — 14.1%
Banco BBVA Argentina ADR    216,646    896,915 
Banco Macro ADR *    90,889    1,934,118 
Grupo Financiero Galicia ADR *    279,052    3,348,624 
Grupo Supervielle ADR (A)    181,173    521,778 
         6,701,435 
Industrials — 0.6%
America Airports *    97,493    267,131 
Information Technology — 16.0%
Globant *    44,055    7,618,872 
Materials — 1.9%
Loma Negra Cia Industrial Argentina ADR *    180,650    917,702 
Real Estate — 1.6%
Cresud SACIF y A ADR * (A)    99,625    364,627 
IRSA Inversiones y Representaciones ADR *    70,514    267,953 
IRSA Propiedades Comerciales ADR    18,992    148,138 
         780,718 
Utilities — 5.2%
Central Puerto ADR    298,245    793,332 
Empresa Distribuidora Y Comercializadora Norte ADR *    62,471    238,014 
Pampa Energia ADR *    129,517    1,416,916 
         2,448,262 
TOTAL ARGENTINA         37,284,277 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Argentina ETF

 

   Shares   Value 
COMMON STOCK — continued
BRAZIL — 6.5%          
Consumer Discretionary — 3.7%
Arcos Dorados Holdings, Cl A    381,651   $1,774,676 
Consumer Staples — 2.8%
Adecoagro *    320,891    1,341,324 
TOTAL BRAZIL         3,116,000 
CANADA — 3.4%          
Materials — 3.4%
SSR Mining * (A)    66,625    1,596,613 
CHILE — 8.1%          
Consumer Staples — 8.1%
Cencosud    1,195,232    2,082,880 
Cia Cervecerias Unidas    224,811    1,746,771 
TOTAL CHILE         3,829,651 
UNITED KINGDOM — 0.3%          
Energy — 0.3%
Phoenix Global Resources PLC *    1,032,670    132,150 
TOTAL COMMON STOCK          
(Cost $71,061,044)         45,958,691 
 
PREFERRED STOCK — 3.3%
CHILE — 3.3%          
Consumer Staples — 3.3%          
Embotelladora Andina (B)           
(Cost $1,668,789)    635,616    1,595,569 
           
SHORT-TERM INVESTMENT(C)(D) — 3.6%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $1,693,462)     1,693,462    1,693,462 
TOTAL INVESTMENTS — 103.6%          
(Cost $74,423,295)        $49,247,722 

 

Percentages are based on Net Assets of $47,531,503.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Argentina ETF

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $1,638,668.
(B) There is currently no stated interest rate.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $1,693,462.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt
Cl — Class
PLC — Public Limited Company

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Pakistan ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
PAKISTAN — 99.9%          
Consumer Discretionary — 4.3%
Honda Atlas Cars Pakistan    297,950   $537,113 
Nishat Mills    1,212,294    694,690 
PAK Suzuki Motor    243,300    319,818 
         1,551,621 
Energy — 23.0%
Mari Petroleum    144,967    1,193,481 
Oil & Gas Development    3,722,638    2,554,992 
Pakistan Oilfields    637,188    1,555,174 
Pakistan Petroleum    2,452,448    1,463,093 
Pakistan State Oil    1,364,756    1,479,317 
         8,246,057 
Financials — 27.0%
Bank Al Habib    4,277,673    1,631,616 
Bank Alfalah    4,129,822    922,220 
Habib Bank    3,270,459    2,401,015 
MCB Bank    2,394,841    2,545,504 
National Bank of Pakistan    3,047,300    564,362 
United Bank    2,353,476    1,604,707 
         9,669,424 
Health Care — 2.3%
Searle    540,916    817,402 
Industrials — 4.6%
Millat Tractors    162,727    832,433 
Pak Elektron    2,196,152    422,388 
Pakistan International Bulk Terminal *    5,880,187    396,358 
         1,651,179 
Materials — 31.6%
DG Khan Cement    1,410,456    879,739 
Engro    1,506,884    2,829,041 
Engro Fertilizers    3,014,496    1,203,270 
Fauji Cement    4,833,364    607,573 
Fauji Fertilizer    2,693,310    1,787,041 
Fauji Fertilizer Bin Qasim    2,432,200    274,406 
International Steels    899,330    359,301 
Lucky Cement    674,479    2,349,806 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Pakistan ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Maple Leaf Cement Factory    3,712,806   $721,873 
Packages    138,828    332,655 
         11,344,705 
Utilities — 7.1%
Hub Power *    3,017,591    1,460,340 
K-Electric *    16,913,200    353,667 
Kot Addu Power    2,174,548    320,124 
SUI Northern Gas Pipeline *    1,238,285    411,179 
         2,545,310 
TOTAL COMMON STOCK          
(Cost $39,243,790)         35,825,698 
TOTAL INVESTMENTS — 99.9%          
(Cost $39,243,790)        $35,825,698 

 

Percentages are based on Net Assets of $35,852,442.

 

* Non-income producing security.

 

As of July 31, 2020, all of the Fund’s investments were considered Level 2, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Nigeria ETF

 

   Shares   Value 
COMMON STOCK — 96.4%
NIGERIA — 94.0%          
Communication Services — 5.4%
Nigeria Communications    5,666,143   $1,729,191 
Consumer Staples — 26.3%
Dangote Sugar Refinery    37,739,109    1,167,350 
Flour Mills of Nigeria    24,022,814    1,060,205 
Nestle Nigeria    1,211,123    3,683,559 
Nigerian Breweries    12,750,569    1,023,135 
UAC of Nigeria    38,739,565    701,931 
Unilever Nigeria    24,647,104    781,526 
         8,417,706 
Financials — 44.0%
Access Bank    67,702,942    1,104,052 
FBN Holdings    113,264,967    1,465,910 
Fidelity Bank    176,888,874    782,958 
First City Monument Bank    171,109,376    863,674 
Guaranty Trust Bank    66,031,216    3,845,682 
Stanbic IBTC Holdings    17,063,251    1,325,027 
Sterling Bank    212,093,700    653,305 
United Bank for Africa    87,003,212    1,396,267 
Zenith Bank    62,245,336    2,626,250 
         14,063,125 
Materials — 16.1%
Dangote Cement    11,501,848    4,221,681 
Lafarge Africa    30,621,105    931,323 
         5,153,004 
Utilities — 2.2%
Transnational Corp of Nigeria    432,691,712    694,403 
TOTAL NIGERIA         30,057,429 
TOGO — 2.4%          
Financials — 2.4%
Ecobank Transnational *    71,328,071    766,214 
TOTAL COMMON STOCK          
(Cost $43,113,241)         30,823,643 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
 
Global X MSCI Nigeria ETF

 

   Face Amount   Value 
U.S TREASURY OBLIGATION — 4.7%
United States Treasury Bill          
0.075%,  08/11/20(A)          
(Cost $1,499,969)    $1,500,000   $1,499,972 
TOTAL INVESTMENTS — 101.1%          
(Cost $44,613,210)        $32,323,615 

 

Percentages are based on Net Assets of $31,975,255.

 

* Non-income producing security.
(A) The rate reported on the Schedule of Investments is the effective yield at time of purchase.

 

As of July 31, 2020, all of the Fund’s investments were considered Level 2, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
BAHRAIN— 0.6%        
Financials — 0.6%
Ahli United Bank BSC    145,230   $88,941 
BANGLADESH— 1.1%          
Communication Services — 0.2%
GrameenPhone    9,276    28,270 
Financials — 0.1%
BRAC Bank    22,136    8,325 
Health Care — 0.8%
Square Pharmaceuticals    50,642    108,066 
TOTAL BANGLADESH         144,661 
CHILE— 2.6%          
Consumer Discretionary — 0.6%
SACI Falabella    22,164    79,064 
Consumer Staples — 0.5%
Cencosud    42,834    74,645 
Financials — 1.0%
Banco de Chile    737,299    70,799 
Banco de Credito e Inversiones    801    28,573 
Banco Santander Chile    1,068,202    46,503 
         145,875 
Utilities — 0.5%
Enel Chile    814,215    69,923 
TOTAL CHILE         369,507 
COLOMBIA— 0.1%          
Financials — 0.1%
Grupo de Inversiones Suramericana    3,775    19,643 
CZECHIA— 0.9%          
Financials — 0.2%
Komercni Banka    1,228    28,468 
Utilities — 0.7%
CEZ    4,751    95,489 
TOTAL CZECHIA         123,957 
EGYPT— 0.6%          
Financials — 0.6%
Commercial International Bank Egypt S.A.E.    21,535    84,926 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
ESTONIA— 0.2%        
Industrials — 0.2%
Tallink Grupp    17,834   $15,268 
Tallinna Sadam    5,218    10,983 
TOTAL ESTONIA         26,251 
GREECE— 1.2%          
Communication Services — 0.8%
Hellenic Telecommunications Organization    7,080    104,651 
Consumer Discretionary — 0.4%
OPAP    5,772    52,077 
TOTAL GREECE         156,728 
INDONESIA— 11.2%          
Communication Services — 1.8%
Telekomunikasi Indonesia Persero    1,171,835    244,801 
Consumer Discretionary — 1.3%
Astra International    529,167    186,658 
Consumer Staples — 2.4%
Charoen Pokphand Indonesia    199,100    84,890 
Gudang Garam *    12,954    44,341 
Indofood CBP Sukses Makmur TBK    62,700    39,510 
Indofood Sukses Makmur    118,200    52,218 
Unilever Indonesia    206,095    118,575 
         339,534 
Energy — 0.5%
United Tractors    45,250    66,170 
Financials — 4.4%
Bank Central Asia    136,258    291,181 
Bank Mandiri    277,636    110,294 
Bank Negara Indonesia Persero    110,400    34,784 
Bank Rakyat Indonesia Persero    798,670    172,863 
         609,122 
Health Care — 0.4%
Kalbe Farma    568,400    60,928 
Materials — 0.4%
Semen Indonesia Persero    79,900    50,485 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL INDONESIA        $1,557,698 
JORDAN— 0.1%          
Financials — 0.1%
Arab Bank    1,962    11,235 
KAZAKHSTAN— 0.6%          
Energy — 0.4%
NAC Kazatomprom JSC GDR    4,334    62,843 
Financials — 0.2%
Halyk Savings Bank of Kazakhstan JSC GDR    2,507    27,828 
TOTAL KAZAKHSTAN         90,671 
KENYA— 1.7%          
Communication Services — 1.5%
Safaricom    785,300    205,162 
Financials — 0.2%
Equity Group Holdings    70,300    21,237 
TOTAL KENYA         226,399 
KUWAIT— 7.4%          
Communication Services — 1.8%
Mobile Telecommunications KSC    141,707    255,244 
Financials — 4.0%
Boubyan Bank KSCP    26,528    46,132 
Burgan Bank SAK    17,789    10,486 
Gulf Bank KSCP    38,057    23,681 
Kuwait Finance House    102,378    193,792 
National Bank of Kuwait SAK    107,343    277,366 
         551,457 
Industrials — 1.1%
Agility Public Warehousing KSC    72,488    151,931 
Real Estate — 0.5%
Mabanee SAK    37,302    73,786 
TOTAL KUWAIT         1,032,418 
LUXEMBOURG— 0.1%          
Financials — 0.1%
Reinet Investments SCA    992    18,869 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
MALAYSIA— 7.7%        
Communication Services — 1.7%
Axiata Group    79,867   $60,277 
DiGi.com    91,602    91,818 
Maxis    69,176    86,470 
         238,565 
Consumer Staples — 1.1%
Nestle Malaysia    2,070    69,325 
PPB Group    18,900    87,814 
         157,139 
Financials — 2.4%
CIMB Group Holdings    104,690    88,641 
Hong Leong Bank    10,500    37,146 
Public Bank    45,810    183,672 
RHB Bank    25,900    30,665 
         340,124 
Industrials — 0.6%
Gamuda    51,700    43,409 
Malaysia Airports Holdings    31,700    39,475 
         82,884 
Utilities — 1.9%
Petronas Gas    23,189    91,881 
Tenaga Nasional    64,883    175,062 
         266,943 
TOTAL MALAYSIA         1,085,655 
MEXICO— 6.3%          
Communication Services — 0.6%
Grupo Televisa    71,511    80,237 
Consumer Staples — 2.4%
Kimberly-Clark de Mexico, Cl A    44,900    73,687 
Wal-Mart de Mexico    108,311    254,916 
         328,603 
Financials — 1.2%
Grupo Financiero Banorte, Cl O *    40,644    146,334 
Grupo Financiero Inbursa, Cl O *    37,300    26,876 
         173,210 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — 1.3%
Grupo Aeroportuario del Pacifico, Cl B    11,200   $74,558 
Grupo Aeroportuario del Sureste, Cl B *    6,125    61,051 
Promotora y Operadora de Infraestructura *    6,617    48,715 
         184,324 
Real Estate — 0.5%
Fibra Uno Administracion ‡    93,600    75,708 
Utilities — 0.3%
Infraestructura Energetica Nova    15,640    46,641 
TOTAL MEXICO         888,723 
MOROCCO— 2.2%          
Communication Services — 1.2%
Maroc Telecom    11,445    170,160 
Consumer Staples — 0.3%
Cosumar *    1,901    39,487 
Financials — 0.4%
Attijariwafa Bank *    1,045    41,393 
Banque Centrale Populaire    700    17,268 
         58,661 
Materials — 0.3%
Ciments du Maroc    242    37,071 
TOTAL MOROCCO         305,379 
NIGERIA— 0.7%          
Financials — 0.2%
Guaranty Trust Bank    334,550    19,484 
Zenith Bank    355,651    15,006 
         34,490 
Materials — 0.5%
Dangote Cement    204,272    74,977 
TOTAL NIGERIA         109,467 
OMAN— 0.5%          
Communication Services — 0.3%
Oman Telecommunications SAOG    22,731    36,133 
Financials — 0.2%
BankMuscat SAOG    32,459    29,340 
TOTAL OMAN         65,473 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
PERU— 1.0%        
Financials — 1.0%
Credicorp    1,061   $134,927 
PHILIPPINES— 4.8%          
Financials — 0.6%
BDO Unibank    31,970    57,247 
Metropolitan Bank & Trust    28,974    20,193 
         77,440 
Industrials — 1.3%
Aboitiz Equity Ventures    58,973    57,660 
SM Investments    7,098    128,545 
         186,205 
Information Technology — 0.5%
PLDT    2,511    68,467 
Real Estate — 2.4%
Ayala Land    230,370    156,099 
SM Prime Holdings    288,427    176,071 
         332,170 
TOTAL PHILIPPINES         664,282 
POLAND— 3.1%          
Communication Services — 0.5%
Cyfrowy Polsat *    8,466    63,161 
Consumer Staples — 0.6%
Dino Polska *    1,415    78,795 
Energy — 0.5%
Polskie Gornictwo Naftowe i Gazownictwo    51,930    71,223 
Financials — 1.5%
Bank Polska Kasa Opieki    2,974    40,310 
Powszechna Kasa Oszczednosci Bank Polski    14,202    82,777 
Powszechny Zaklad Ubezpieczen    9,810    71,032 
Santander Bank Polska    577    23,255 
         217,374 
TOTAL POLAND         430,553 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
QATAR— 4.2%        
Energy — 0.5%
Qatar Fuel QSC    14,388   $63,622 
Financials — 1.5%
Commercial Bank PSQC    32,449    36,807 
Masraf Al Rayan QSC    60,131    65,036 
Qatar International Islamic Bank QSC    12,136    27,365 
Qatar Islamic Bank SAQ    18,945    83,772 
         212,980 
Industrials — 0.8%
Industries Qatar QSC    53,463    114,826 
Materials — 0.5%
Mesaieed Petrochemical Holding    129,481    74,147 
Real Estate — 0.4%
Barwa Real Estate    55,363    48,125 
Utilities — 0.5%
Qatar Electricity & Water QSC    15,683    72,794 
TOTAL QATAR         586,494 
ROMANIA— 1.7%          
Energy — 0.8%
OMV Petrom    761,560    57,785 
Societatea Nationala de Gaze Naturale ROMGAZ    7,771    54,114 
         111,899 
Financials — 0.5%
Banca Transilvania    104,084    50,952 
BRD-Groupe Societe Generale    5,507    15,366 
         66,318 
Real Estate — 0.2%
NEPI Rockcastle    5,444    28,450 
Utilities — 0.2%
Societatea Energetica Electrica    9,267    23,476 
TOTAL ROMANIA         230,143 
SAUDI ARABIA— 9.7%          
Communication Services — 2.1%
Etihad Etisalat *    6,515    47,511 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Saudi Telecom    9,840   $255,026 
         302,537 
Consumer Discretionary — 0.3%
Jarir Marketing    1,015    40,920 
Consumer Staples — 0.9%
Almarai JSC    4,317    61,698 
Savola Group    4,518    56,017 
         117,715 
Energy — 1.3%
Saudi Arabian Oil    19,922    175,295 
Financials — 3.5%
Al Rajhi Bank    11,157    175,221 
Alinma Bank *    9,326    36,454 
Arab National Bank    5,710    29,536 
Bank AlBilad    3,497    21,931 
Banque Saudi Fransi    5,056    40,646 
Bupa Arabia for Cooperative Insurance *    571    18,179 
Riyad Bank    12,841    58,001 
Samba Financial Group    9,326    64,156 
Saudi British Bank    6,844    44,235 
         488,359 
Materials — 1.2%
Saudi Arabian Fertilizer    3,526    73,333 
Saudi Kayan Petrochemical *    12,692    27,513 
Yanbu National Petrochemical    4,371    60,372 
         161,218 
Utilities — 0.4%
Saudi Electricity    14,390    60,163 
TOTAL SAUDI ARABIA         1,346,207 
SOUTH AFRICA— 5.8%          
Communication Services — 0.3%
MultiChoice Group    6,114    37,896 
Consumer Discretionary — 2.2%
Mr Price Group    3,585    26,672 
Naspers, Cl N    1,506    278,351 
         305,023 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — 0.8%
Clicks Group    3,412   $45,738 
Shoprite Holdings    6,577    40,388 
Tiger Brands    2,175    22,522 
         108,648 
Financials — 2.3%
Absa Group    5,368    24,991 
Capitec Bank Holdings    310    16,095 
Discovery    2,698    17,560 
FirstRand    34,961    79,700 
Nedbank Group    2,537    15,640 
Old Mutual    35,067    23,620 
PSG Group    1,286    11,652 
Remgro    3,948    21,429 
Sanlam    14,018    50,058 
Standard Bank Group    9,696    61,842 
         322,587 
Industrials — 0.2%
Bidvest Group    4,065    31,491 
TOTAL SOUTH AFRICA         805,645 
           
THAILAND— 9.7%          
Communication Services — 1.2%
Advanced Info Service NVDR    17,834    105,806 
Intouch Holdings PCL NVDR    33,600    61,149 
         166,955 
Consumer Discretionary — 0.5%
Central Retail NVDR    27,000    25,543 
Home Product Center NVDR    88,460    44,255 
         69,798 
Consumer Staples — 1.5%
Berli Jucker NVDR    17,890    21,227 
CP ALL NVDR    84,772    185,543 
         206,770 
Energy — 2.1%
PTT NVDR    166,050    207,679 
PTT Exploration & Production NVDR    20,750    60,555 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — continued
Thai Oil NVDR    16,730   $22,534 
         290,768 
Financials — 0.5%
Bangkok Bank NVDR    3,500    11,168 
Kasikornbank NVDR    14,570    37,847 
Siam Commercial Bank NVDR    6,970    14,976 
         63,991 
Health Care — 0.9%
Bangkok Dusit Medical Services NVDR    142,910    101,285 
Bumrungrad Hospital NVDR    6,000    22,031 
         123,316 
Industrials — 1.3%
Airports of Thailand NVDR    64,220    106,064 
Bangkok Expressway & Metro NVDR    114,100    32,383 
BTS Group Holdings PCL NVDR    113,900    38,353 
         176,800 
Real Estate — 0.6%
Central Pattana NVDR    33,600    51,991 
Land & Houses NVDR    124,700    29,593 
         81,584 
Utilities — 1.1%
Electricity Generating    4,800    36,482 
Energy Absolute NVDR    22,200    33,639 
Global Power Synergy NVDR    10,500    23,066 
Gulf Energy Development NVDR    31,900    34,527 
Ratch Group NVDR    11,900    22,802 
         150,516 
TOTAL THAILAND         1,330,498 
           
TURKEY— 2.6%          
Communication Services — 0.5%
Turkcell Iletisim Hizmetleri    31,943    68,010 
Consumer Staples — 1.0%
BIM Birlesik Magazalar    13,426    137,444 
Energy — 0.3%
Tupras Turkiye Petrol Rafinerileri    3,750    44,353 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — 0.5%
Akbank Turk    50,526   $37,933 
Turkiye Garanti Bankasi    37,412    37,629 
         75,562 
Materials — 0.3%
Eregli Demir ve Celik Fabrikalari    40,305    44,119 
TOTAL TURKEY         369,488 
           
UNITED ARAB EMIRATES— 4.4%          
Communication Services — 1.6%
Emirates Telecommunications Group PJSC    49,833    225,752 
Financials — 1.9%
Abu Dhabi Commercial Bank PJSC (A) (B)    45,290    58,802 
Dubai Islamic Bank PJSC    29,371    30,145 
Emirates NBD Bank PJSC    20,553    49,464 
National Bank of Abu Dhabi PJSC    42,612    126,683 
         265,094 
Real Estate — 0.9%
Aldar Properties PJSC    115,237    54,275 
Emaar Properties PJSC    103,350    72,311 
         126,586 
TOTAL UNITED ARAB EMIRATES         617,432 
           
VIETNAM— 7.1%          
Consumer Staples — 2.0%
Masan Group *    31,460    68,549 
Saigon Beer Alcohol Beverage    4,300    31,170 
Vietnam Dairy Products JSC    39,780    183,654 
         283,373 
Energy — 0.1%
Vietnam National Petroleum Group    6,700    12,199 
Financials — 0.3%
Bank for Foreign Trade of Vietnam JSC    9,230    30,426 
Bank for Investment and Development of Vietnam JSC    3,580    5,661 
Saigon Thuong Tin Commercial JSB *    11,470    4,999 
         41,086 
Industrials — 0.3%
Vietjet Aviation JSC *    10,920    44,525 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 0.7%
Hoa Phat Group JSC    109,296   $102,333 
Real Estate — 3.6%
No Va Land Investment Group *    15,920    44,717 
Vincom Retail JSC *    61,130    66,204 
Vingroup JSC *    55,290    208,741 
Vinhomes JSC    53,610    179,729 
         499,391 
Utilities — 0.1%
PetroVietnam Gas JSC    4,160    11,757 
TOTAL VIETNAM         994,664 
TOTAL COMMON STOCK          
(Cost $15,981,215)         13,916,934 
TOTAL INVESTMENTS — 99.9%          
(Cost $15,981,215)        $13,916,934 

 

Percentages are based on Net Assets of $13,929,403.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) Level 3 security in accordance with fair value hierarchy.
(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 July 31, 2020, was $58,802 and represents 0.4% of net assets.

 

Cl — Class
GDR — Global Depositary Receipt
NVDR  — Non-Voting Depositary Receipt
PJSC — Public Joint Stock Company

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities   Level 1     Level 2     Level 3(1)     Total  
Common Stock   $ 5,620,779     $ 8,237,353     $ 58,802     $ 13,916,934  
Total Investments in Securities   $ 5,620,779     $ 8,237,353     $ 58,802     $ 13,916,934  

 

 

 

 

 

 

Schedule of Investments (Unaudited)

July 31, 2020

   

Global X MSCI Next Emerging & Frontier ETF

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, the transfers in and out of Level 3 were due to changes in the availability of observable inputs to determine fair value.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Nordic Region ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
DENMARK— 36.0%        
Consumer Staples — 2.1%
Carlsberg, Cl B    2,775   $408,850 
Financials — 1.6%
Danske Bank    18,701    301,655 
Health Care — 19.3%
Coloplast, Cl B    3,798    648,813 
Novo Nordisk, Cl B    45,971    3,042,765 
         3,691,578 
Industrials — 9.0%
A P Moller - Maersk, Cl B    174    223,099 
DSV PANALPINA    5,597    770,419 
Vestas Wind Systems    5,591    720,595 
         1,714,113 
Utilities — 4.0%
Orsted    5,384    770,162 
TOTAL DENMARK         6,886,358 
FINLAND— 19.3%          
Energy — 2.9%
Neste    11,913    547,705 
Financials — 6.5%
Nordea Bank Abp *    91,571    710,981 
Sampo, Cl A    14,475    524,966 
         1,235,947 
Industrials — 4.6%
Kone, Cl B    11,142    885,911 
Information Technology — 4.0%
Nokia    159,416    765,345 
Utilities — 1.3%
Fortum    12,339    251,253 
TOTAL FINLAND         3,686,161 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Nordic Region ETF

 

   Shares   Value 
COMMON STOCK — continued
NORWAY— 6.1%        
Communication Services — 1.5%
Telenor    18,362   $284,870 
Energy — 2.2%
Equinor    28,109    415,806 
Financials — 2.4%
DnB *    29,809    454,907 
TOTAL NORWAY         1,155,583 
SWEDEN— 38.6%          
Communication Services — 1.5%
Telia    73,216    285,363 
Consumer Discretionary — 2.0%
Hennes & Mauritz, Cl B    25,094    389,872 
Consumer Staples — 3.0%
Essity, Cl B    17,224    568,293 
Financials — 10.6%
Investor, Cl B    12,891    761,611 
Skandinaviska Enskilda Banken, Cl A    41,124    398,074 
Svenska Handelsbanken, Cl A    42,518    402,523 
Swedbank, Cl A    28,661    465,383 
         2,027,591 
Industrials — 13.9%
Assa Abloy, Cl B    26,013    570,153 
Atlas Copco, Cl A    17,878    791,061 
Sandvik    30,543    567,969 
Volvo, Cl B    42,610    735,348 
         2,664,531 
Information Technology — 7.6%
Hexagon, Cl B    7,297    474,675 
Telefonaktiebolaget LM Ericsson, Cl B    85,169    981,826 
         1,456,501 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Nordic Region ETF

 

   Value 
COMMON STOCK — continued     
TOTAL SWEDEN   $7,392,151 
TOTAL COMMON STOCK     
(Cost $18,240,868)    19,120,253 
TOTAL INVESTMENTS — 100.0%     
(Cost $18,240,868)   $19,120,253 

 

Percentages are based on Net Assets of $19,123,108.        

 

* Non-income producing security.
Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — 99.8%
CHINA— 2.1%        
Consumer Staples — 2.1%
Wilmar International    126,151   $425,011 
INDONESIA— 20.4%          
Communication Services — 3.1%
Telekomunikasi Indonesia Persero    3,009,200    628,634 
Consumer Discretionary — 2.2%
Astra International    1,309,681    461,977 
Consumer Staples — 1.9%
Gudang Garam *    30,400    104,057 
Hanjaya Mandala Sampoerna    583,500    68,142 
Unilever Indonesia    378,480    217,756 
         389,955 
Financials — 13.2%
Bank Central Asia    626,796    1,339,455 
Bank Mandiri    1,197,780    475,830 
Bank Negara Indonesia Persero    488,100    153,785 
Bank Rakyat Indonesia Persero    3,432,000    742,816 
         2,711,886 
TOTAL INDONESIA         4,192,452 
MALAYSIA— 18.8%          
Communication Services — 2.3%
Axiata Group    297,088    224,218 
DiGi.com    241,800    242,370 
         466,588 
Consumer Staples — 1.4%
Sime Darby Plantation    235,896    289,863 
Financials — 9.3%
CIMB Group Holdings    459,375    388,952 
Malayan Banking    389,231    704,104 
Public Bank    200,999    805,892 
         1,898,948 
Health Care — 1.2%
IHH Healthcare    196,380    250,106 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 1.3%
Petronas Chemicals Group    187,024   $272,596 
Utilities — 3.3%
Tenaga Nasional    253,145    683,014 
TOTAL MALAYSIA         3,861,115 
PHILIPPINES— 6.1%          
Financials — 1.1%
BDO Unibank    129,640    232,141 
Industrials — 1.5%
Ayala    21,080    311,627 
Real Estate — 3.5%
Ayala Land    509,600    345,305 
SM Prime Holdings    593,700    362,425 
         707,730 
TOTAL PHILIPPINES         1,251,498 
SINGAPORE— 27.1%          
Communication Services — 4.3%
Singapore Telecommunications    483,204    873,876 
Consumer Discretionary — 0.5%
Jardine Cycle & Carriage    6,618    96,522 
Financials — 20.7%
DBS Group Holdings    116,183    1,675,008 
Oversea-Chinese Banking    223,466    1,394,931 
United Overseas Bank    83,497    1,180,636 
         4,250,575 
Real Estate — 1.6%
CapitaLand    161,818    325,689 
TOTAL SINGAPORE         5,546,662 
THAILAND— 25.3%          
Communication Services — 2.1%
Advanced Info Service NVDR    72,361    429,304 
Consumer Staples — 3.6%
CP ALL NVDR    338,573    741,044 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 7.0%
PTT NVDR    929,140   $1,162,077 
PTT Exploration & Production NVDR    91,310    266,470 
         1,428,547 
Financials — 3.8%
Bangkok Bank    14,300    45,630 
Bangkok Bank NVDR    17,611    56,195 
Kasikornbank NVDR    130,208    338,230 
Siam Commercial Bank NVDR    155,731    334,610 
         774,665 
Health Care — 2.0%
Bangkok Dusit Medical Services NVDR    576,700    408,725 
Industrials — 2.2%
Airports of Thailand NVDR (A)    278,100    459,301 
Materials — 3.3%
Siam Cement NVDR    54,526    667,969 
Utilities — 1.3%
Gulf Energy Development NVDR    254,100    275,022 
TOTAL THAILAND         5,184,577 
TOTAL COMMON STOCK          
(Cost $25,472,760)         20,461,315 
SHORT-TERM INVESTMENT(B)(C) — 1.5%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $312,663)     312,663    312,663 
TOTAL INVESTMENTS — 101.3%          
(Cost $25,785,423)        $20,773,978 

 

Percentages are based on Net Assets of $20,499,189.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $298,488.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $312,663.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X FTSE Southeast Asia ETF

 

Cl — Class
NVDR  — Non-Voting Depositary Receipt

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $5,184,577   $15,276,738   $—   $20,461,315 
Short-Term Investment   312,663    —    —    312,663 
Total Investments in Securities  $5,497,240   $15,276,738   $—   $20,773,978 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

 

GLX-QH-002-1800

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — 100.1%        
CHINA— 24.4%          
Communication Services — 24.2%
Baidu ADR *    57,373   $6,850,336 
Bilibili ADR * (A)    93,908    4,092,510 
HUYA ADR * (A)    8,915    216,813 
JOYY ADR *    18,532    1,479,224 
Momo ADR *    75,856    1,401,061 
NetEase ADR    16,288    7,466,745 
SINA *    33,122    1,336,473 
Tencent Holdings    236,775    16,314,140 
Tencent Music Entertainment Group ADR *    290,676    4,691,511 
Weibo ADR * (A)    15,504    535,818 
         44,384,631 
Information Technology — 0.2%
Meitu *    1,144,500    233,324 
TOTAL CHINA         44,617,955 
GERMANY— 1.6%          
Communication Services — 1.6%
New Work    1,466    480,190 
United Internet    54,598    2,483,693 
TOTAL GERMANY         2,963,883 
JAPAN— 5.8%          
Communication Services — 5.8%
DeNA *    46,271    521,222 
Gree    61,235    251,936 
Kakaku.com *    69,020    1,660,057 
LINE *    28,740    1,519,499 
Mixi    23,030    447,836 
Nexon    241,484    6,235,234 
TOTAL JAPAN         10,635,784 
RUSSIA— 6.2%          
Communication Services — 6.2%
Mail.Ru Group GDR *    96,638    2,556,075 
Yandex, Cl A * (A)    153,662    8,841,712 
TOTAL RUSSIA         11,397,787 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — continued          
SOUTH KOREA — 12.9%          
Communication Services — 12.9%          
AfreecaTV    3,803   $200,779 
Com2uSCorp    4,347    440,027 
Kakao    23,236    6,699,317 
NAVER    64,247    16,231,616 
TOTAL SOUTH KOREA         23,571,739 
TAIWAN— 0.1%          
Consumer Discretionary — 0.1%          
PChome Online    52,644    214,749 
UNITED STATES— 49.1%          
Communication Services — 49.0%          
Alphabet, Cl A *    4,691    6,979,973 
ANGI Homeservices, Cl A * (A)    40,182    634,474 
Facebook, Cl A *    70,512    17,886,779 
Glu Mobile *    68,906    650,473 
IAC *    26,717    3,537,865 
Match Group *    88,267    9,065,021 
Meet Group *    34,251    213,384 
Pinterest, Cl A *    214,585    7,358,120 
Snap, Cl A *    539,055    12,085,613 
Spotify Technology *    42,299    10,905,528 
Twitter * (A)    408,087    14,854,367 
Yelp, Cl A *    36,118    902,227 
Zynga, Cl A *    478,422    4,702,888 
         89,776,712 
Consumer Discretionary — 0.1%          
Groupon, Cl A *    13,169    202,144 
           
TOTAL UNITED STATES         89,978,856 
TOTAL COMMON STOCK          
(Cost $128,775,934)         183,380,753 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Social Media ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(B)(C) — 4.4%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $8,131,027)     8,131,027   $8,131,027 
TOTAL INVESTMENTS — 104.5%          
(Cost $136,906,961)        $191,511,780 

 

Percentages are based on Net Assets of $183,286,433.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $7,843,902.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $8,131,027.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt
Cl — Class
GDR — Global Depositary Receipt
 

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
AUSTRALIA — 4.4%        
Materials — 4.4%
Galaxy Resources * (A)    2,833,942   $2,235,595 
ioneer * (A)    8,540,863    765,634 
Mineral Resources    1,108,822    20,468,211 
Orocobre * (A)    1,517,465    3,232,099 
Pilbara Minerals * (A)    11,362,843    2,852,099 
TOTAL AUSTRALIA         29,553,638 
CANADA — 0.3%          
Materials — 0.3%
Lithium Americas * (A)    296,455    1,825,870 
Nemaska Lithium * (A)(B)(C)(D)    17,931,245    110,439 
TOTAL CANADA         1,936,309 
CHILE— 3.5%          
Materials — 3.5%
Sociedad Quimica y Minera de Chile ADR    768,089    23,465,119 
CHINA— 48.8%          
Consumer Discretionary — 7.9%
BYD, Cl H (A)    4,337,938    41,447,228 
Tianneng Power International (A)    5,000,400    11,613,532 
         53,060,760 
Industrials — 14.4%
Contemporary Amperex Technology, Cl A    1,221,868    37,155,575 
Eve Energy, Cl A    2,726,965    23,528,366 
Shenzhen Yinghe Technology, Cl A    2,273,832    10,972,793 
Sunwoda Electronic, Cl A    7,152,676    24,459,902 
         96,116,636 
Information Technology — 8.5%
NAURA Technology Group, Cl A    1,180,760    35,282,762 
Wuxi Lead Intelligent Equipment, Cl A    3,370,881    21,271,976 
         56,554,738 
Materials — 18.0%
Beijing Easpring Material Technology, Cl A *    2,134,762    10,656,600 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Ganfeng Lithium, Cl A    5,050,057   $40,503,234 
Shanghai Putailai New Energy Technology, Cl A    701,122    10,690,798 
Shenzhen Capchem Technology, Cl A    1,509,497    12,357,658 
Tianqi Lithium, Cl A *    5,705,061    20,686,953 
Yunnan Energy New Material, Cl A    2,233,668    25,566,051 
         120,461,294 
TOTAL CHINA         326,193,428 
GERMANY — 2.3%          
Industrials — 2.3%
Akasol *    16,355    770,687 
Varta * (A)    129,918    14,579,231 
TOTAL GERMANY         15,349,918 
HONG KONG — 0.2%          
Industrials — 0.2%
Honbridge Holdings *    22,810,500    985,977 
JAPAN — 5.2%          
Consumer Discretionary — 3.7%
Panasonic    2,925,120    24,899,348 
Industrials — 1.3%
GS Yuasa *    573,768    8,845,567 
Materials — 0.2%
W-Scope * (A)    233,900    1,493,261 
TOTAL JAPAN         35,238,176 
NETHERLANDS — 0.6%          
Materials — 0.6%
AMG Advanced Metallurgical Group (A)    205,216    3,652,135 
SOUTH KOREA — 11.8%          
Industrials — 0.2%
Vitzrocell    94,715    1,534,329 
Information Technology — 5.9%
Iljin Materials    136,675    5,816,202 
L&F    105,842    3,597,953 
Power Logics    179,612    1,136,708 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Lithium & Battery Tech ETF

 

   Shares/ Number
Of Rights		   Value 
COMMON STOCK — continued
Information Technology — continued
Samsung SDI    86,546   $28,875,302 
         39,426,165 
Materials — 5.7%
LG Chemical    79,950    38,116,166 
TOTAL SOUTH KOREA         79,076,660 
TAIWAN — 2.4%          
Industrials — 0.1%
Advanced Lithium Electrochemistry Cayman *    1,722,641    835,020 
Information Technology — 2.3%
Dynapack International Technology    1,003,100    2,855,777 
Simplo Technology    1,128,080    12,553,690 
         15,409,467 
TOTAL TAIWAN         16,244,487 
UNITED STATES — 20.4%          
Consumer Discretionary — 6.2%
Tesla *    28,798    41,203,026 
Industrials — 3.2%
EnerSys    319,158    21,466,567 
Materials — 11.0%
Albemarle    806,375    66,493,683 
Livent *    1,108,020    6,947,285 
         73,440,968 
TOTAL UNITED STATES         136,110,561 
TOTAL COMMON STOCK          
(Cost $578,609,991)         667,806,408 
RIGHT* — 0.0%
South Korea — 0.0%          
L&F Co. Ltd.# (C)(D)    14,488    131,333 
           
TOTAL RIGHT (Cost $–)          131,333 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(E)(F) — 8.5%
Fidelity Investments Money Market Government Portfolio, Cl Institutional,  0.050%          
(Cost $56,866,386)     56,866,386   $56,866,386 
TOTAL INVESTMENTS — 108.4%          
(Cost $635,476,377)        $724,804,127 

 

Percentages are based on Net Assets of $668,700,952.

 

# Expiration date not available.
* Non-income producing security.
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $53,971,464.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of July 31, 2020 was $241,772 and represented 0.0% 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 July 31, 2020, was $241,772 and represents 0.0% of net assets.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $56,866,386.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

ADR — American Depositary Receipt
Cl — Class
Ltd. — Limited
 

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total 
Common Stock  $667,695,969   $—   $110,439   $667,806,408 
Short-Term Investment   56,866,386    —    —    56,866,386 
Right   —    —    131,333    131,333 
Total Investments in Securities  $724,562,355   $—   $241,772   $724,804,127 

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Lithium & Battery Tech ETF

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited)

 July 31, 2020
   

Global X E-commerce ETF

   Shares   Value 
COMMON STOCK — 99.8%
ARGENTINA — 4.4%        
Consumer Discretionary — 4.4%
MercadoLibre *   2,340   $2,631,611 
CANADA — 4.1%          
Information Technology — 4.1%
Shopify, Cl A *   2,370    2,426,881 
CHINA — 29.3%          
Communication Services — 7.6%
58.com ADR *   41,195    2,280,968 
NetEase ADR   4,814    2,206,834 
         4,487,802 
Consumer Discretionary — 21.1%
Alibaba Group Holding ADR *   9,121    2,289,553 
Baozun ADR *   17,494    735,798 
JD.com ADR *   36,341    2,318,192 
Pinduoduo ADR *   26,648    2,446,286 
Trip.com Group ADR *   81,124    2,206,573 
Uxin ADR *   106,944    135,819 
Vipshop Holdings ADR *   105,142    2,394,083 
         12,526,304 
Financials — 0.6%
LexinFintech Holdings ADR *   42,385    360,696 
TOTAL CHINA        17,374,802 
GERMANY — 1.4%          
Consumer Discretionary — 1.4%
Jumia Technologies ADR *   22,050    343,098 
Rocket Internet *   22,178    477,826 
TOTAL GERMANY        820,924 
JAPAN — 3.8%          
Consumer Discretionary — 3.8%
Rakuten *   248,780    2,270,620 
SOUTH KOREA — 0.3%          
Information Technology — 0.3%
Cafe24 *   3,564    156,452 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

 July 31, 2020
   

Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — continued
UNITED KINGDOM — 5.6%        
Consumer Discretionary — 5.6%
ASOS *   23,644   $1,042,086 
Ocado Group *   84,956    2,289,207 
TOTAL UNITED KINGDOM        3,331,293 
UNITED STATES — 50.9%          
Communication Services — 2.7%
ANGI Homeservices, Cl A *   22,112    349,148 
TripAdvisor *   34,315    694,192 
Yelp, Cl A *   23,437    585,456 
         1,628,796 
Consumer Discretionary — 35.7%
Amazon.com *   756    2,392,498 
Booking Holdings *   1,263    2,099,270 
eBay   38,928    2,151,940 
Etsy *   22,295    2,639,282 
Expedia Group *   25,191    2,040,723 
Groupon, Cl A *   9,518    146,101 
Lands' End *   19,475    167,875 
Overstock.com *   13,116    991,438 
Overstock.com, Ser A1   366    20,130 
PetMed Express   6,620    206,544 
Qurate Retail, Cl A *   130,059    1,418,944 
Shutterstock   6,564    356,688 
Stamps.com *   5,626    1,464,335 
Wayfair, Cl A *   10,432    2,775,852 
Williams-Sonoma   26,792    2,334,119 
         21,205,739 
Financials — 2.6%
eHealth *   8,307    574,346 
LendingTree *   2,705    936,715 
         1,511,061 

 

 

 

 

 

 

Schedule of Investments (Unaudited)

 July 31, 2020
   

Global X E-commerce ETF

  

   Shares   Value 
COMMON STOCK — continued
Industrials — 4.7%
CoStar Group *   3,287   $2,793,161 
Information Technology — 5.2%
GoDaddy, Cl A *   31,483    2,212,625 
LivePerson *   20,846    895,961 
         3,108,586 
TOTAL UNITED STATES        30,247,343 
TOTAL COMMON STOCK
(Cost $50,302,700)		        59,259,926 
TOTAL INVESTMENTS — 99.8%
(Cost $50,302,700)		       $59,259,926 

 

Percentages are based on Net Assets of $59,359,160. 

 

* Non-income producing security.

  

ADR — American Depositary Receipt
Cl — Class
Ser — Series

  

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

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

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — 99.8%
ARGENTINA — 2.2%        
Communication Services — 0.9%
Telecom Argentina ADR    651,026   $5,676,947 
Energy — 1.3%
Transportadora de Gas del Sur ADR *    1,456,284    8,184,316 
TOTAL ARGENTINA         13,861,263 
AUSTRALIA — 8.2%          
Communication Services — 0.8%
Nine Entertainment Holdings    5,294,946    5,145,296 
Consumer Staples — 1.0%
Inghams Group (A)    2,573,763    6,127,963 
Financials — 4.7%
Bendigo and Adelaide Bank    1,313,260    6,479,607 
McMillan Shakespeare    835,255    5,283,201 
Perpetual (A)    345,090    7,506,099 
Platinum Asset Management    2,091,779    5,595,439 
Suncorp Group    851,766    5,222,710 
         30,087,056 
Industrials — 0.8%
SmartGroup    1,231,544    5,334,533 
Utilities — 0.9%
AGL Energy    483,847    5,766,982 
TOTAL AUSTRALIA         52,461,830 
BRAZIL — 4.4%          
Consumer Discretionary — 0.8%
Mahle-Metal Leve *    1,464,500    5,134,105 
Financials — 2.6%
Banco Santander Brasil    919,100    5,277,171 
BB Seguridade Participacoes    1,077,600    5,760,807 
Wiz Solucoes e Corretagem de Seguros    2,664,900    5,293,147 
         16,331,125 
Utilities — 1.0%
Cia de Transmissao de Energia Eletrica Paulista    1,445,200    6,257,407 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL BRAZIL        $27,722,637 
CHINA — 9.3%          
Communication Services — 0.9%
CITIC Telecom International Holdings    17,590,700    5,583,484 
Energy — 1.0%
Yanzhou Coal Mining, Cl H    7,900,800    6,167,562 
Industrials — 1.0%
Lonking Holdings    19,405,200    6,384,772 
Materials — 1.0%
China Oriental Group    21,116,100    6,103,077 
Real Estate — 4.5%
Agile Group Holdings    6,854,600    8,694,062 
Guangzhou R&F Properties    5,101,700    5,878,323 
Shui On Land    34,446,800    5,111,329 
Yuzhou Properties    20,334,002    9,130,387 
         28,814,101 
Utilities — 0.9%
China Power International Development    29,084,100    5,441,401 
TOTAL CHINA         58,494,397 
FRANCE — 1.5%          
Consumer Staples — 0.6%
Rallye *    599,105    4,144,364 
Real Estate — 0.9%
Cromwell European Real Estate Investment Trust ‡    11,795,900    5,997,892 
TOTAL FRANCE         10,142,256 
HONG KONG — 2.1%          
Communication Services — 0.9%
PCCW    10,480,000    5,909,215 
Consumer Discretionary — 1.2%
Pacific Textiles Holdings    15,758,400    7,360,508 
TOTAL HONG KONG         13,269,723 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
INDONESIA — 2.9%        
Energy — 2.9%
Adaro Energy    71,644,500   $5,324,266 
Bukit Asam    48,992,700    6,811,999 
Indo Tambangraya Megah    11,400,700    6,168,872 
TOTAL INDONESIA         18,305,137 
MALAYSIA — 1.6%          
Financials — 0.9%          
Malayan Banking    3,155,300    5,707,819 
Industrials — 0.7%          
AirAsia Group *    28,574,800    4,313,177 
TOTAL MALAYSIA         10,020,996 
MEXICO — 3.6%          
Materials — 1.5%          
Alpek, Cl A *    11,759,329    9,278,382 
Real Estate — 2.1%          
Concentradora Fibra Danhos ‡    6,324,089    6,098,391 
PLA Administradora Industrial S de RL ‡    5,686,094    7,066,622 
         13,165,013 
TOTAL MEXICO         22,443,395 
NETHERLANDS — 1.8%          
Financials — 1.1%          
Van Lanschot Kempen    413,277    7,183,856 
Real Estate — 0.7%          
Eurocommercial Properties ‡    373,067    4,596,779 
TOTAL NETHERLANDS         11,780,635 
NEW ZEALAND — 0.8%          
Consumer Services — 0.8%          
SKYCITY Entertainment Group    2,951,901    4,896,369 
NIGERIA — 1.2%          
Financials — 1.2%          
Zenith Bank    176,982,843    7,467,244 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
POLAND — 0.8%        
Basic Materials — 0.8%          
Jastrzebska Spolka Weglowa *    1,189,054   $5,255,971 
PORTUGAL — 1.2%          
Materials — 1.2%          
Portucel *    2,948,225    7,369,952 
ROMANIA — 0.9%          
Real Estate — 0.9%          
NEPI Rockcastle    1,063,412    5,557,251 
RUSSIA — 10.2%          
Communication Services — 2.6%          
Mobile TeleSystems ADR    1,036,660    9,184,808 
VEON ADR    4,370,732    7,386,537 
         16,571,345 
Consumer Staples — 1.2%          
Magnit PJSC GDR    501,678    7,439,885 
Materials — 6.4%          
Evraz    2,254,638    8,537,381 
MMC Norilsk Nickel PJSC ADR    319,394    8,390,480 
Novolipetsk Steel PJSC GDR    472,364    9,229,993 
PhosAgro PJSC GDR    442,109    5,225,728 
Severstal PAO GDR    737,510    9,004,997 
         40,388,579 
TOTAL RUSSIA         64,399,809 
SINGAPORE — 4.2%          
Communication Services — 0.9%          
StarHub    6,125,400    5,449,565 
Real Estate — 3.3%          
First Real Estate Investment Trust ‡    12,071,700    4,885,724 
Keppel Pacific Oak US REIT ‡    8,564,843    6,252,335 
Sasseur Real Estate Investment Trust ‡    17,108,300    9,668,878 
         20,806,937 
TOTAL SINGAPORE         26,256,502 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
SOUTH AFRICA — 10.7%        
Basic Materials — 1.0%          
African Rainbow Minerals    578,673   $6,597,288 
Communication Services — 1.1%          
Telkom SOC (A)    4,207,577    7,153,159 
Energy — 1.3%          
Exxaro Resources    1,019,818    8,045,955 
Financials — 1.6%          
Absa Group    1,036,685    4,826,449 
Coronation Fund Managers    2,387,217    5,509,367 
         10,335,816 
Industrials — 1.5%          
Reunert    2,401,841    4,466,934 
Truworths International    2,609,063    4,999,411 
         9,466,345 
Materials — 2.1%          
Kumba Iron Ore    416,832    13,462,973 
Real Estate — 2.1%          
Growthpoint Properties ‡    6,538,640    5,103,048 
Resilient REIT ‡    2,379,003    6,130,259 
Vukile Property Fund ‡    5,839,536    2,016,382 
         13,249,689 
TOTAL SOUTH AFRICA         68,311,225 
SPAIN — 0.9%          
Real Estate — 0.9%          
Lar Espana Real Estate Socimi ‡    1,067,284    5,616,155 
THAILAND — 3.5%          
Communication Services — 2.6%          
Jasmine Broadband Internet Infrastructure Fund    19,839,300    6,298,695 
Jasmine International NVDR (A)    93,132,399    10,274,207 
         16,572,902 
Real Estate — 0.9%          
Quality Houses    83,140,100    5,652,434 
TOTAL THAILAND         22,225,336 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
TURKEY — 1.2%          
Materials — 1.2%          
Eregli Demir ve Celik Fabrikalari    6,797,059   $7,440,294 
UNITED KINGDOM — 4.3%          
Energy — 1.9%          
Genel Energy    3,420,598    6,429,054 
Gulf Keystone Petroleum *    4,735,011    5,717,561 
         12,146,615 
Financials — 0.9%          
Standard Life Aberdeen    1,792,394    5,890,740 
Oil & Gas — 0.7%          
BP ADR    217,563    4,795,089 
Real Estate — 0.8%          
Regional REIT ‡    6,095,356    5,304,136 
TOTAL UNITED KINGDOM         28,136,580 
UNITED STATES — 22.3%          
Communication Services — 0.8%          
CenturyLink    542,401    5,234,170 
Consumer Staples — 3.8%          
Altria Group    144,333    5,939,303 
B&G Foods (A)    640,280    18,510,495 
         24,449,798 
Energy — 3.9%          
Archrock    850,114    5,661,759 
Diversified Gas & Oil    10,727,536    13,573,100 
Williams    296,156    5,665,464 
         24,900,323 
Financials — 9.1%          
Annaly Capital Management ‡    975,416    7,227,833 
Apollo Commercial Real Estate Finance ‡    427,304    3,973,927 
Arbor Realty Trust ‡ (A)    543,579    5,539,070 
Ares Commercial Real Estate ‡    607,547    5,546,904 
Artisan Partners Asset Management, Cl A    189,158    6,853,194 
Chimera Investment ‡    348,160    3,129,958 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
KKR Real Estate Finance Trust ‡    441,693   $7,354,189 
Ladder Capital, Cl A ‡    473,603    3,679,895 
Ready Capital ‡    455,147    3,650,279 
Redwood Trust ‡    806,920    5,753,340 
Starwood Property Trust ‡    339,264    5,071,997 
         57,780,586 
Real Estate — 4.7%          
Brookfield Property REIT, Cl A ‡ (A)    435,177    5,052,405 
CoreCivic ‡ *    489,033    4,357,284 
GEO Group ‡    458,050    4,869,071 
Gladstone Commercial ‡    304,508    5,542,046 
Iron Mountain ‡    201,814    5,689,137 
Kite Realty Group Trust ‡    443,874    4,381,036 
         29,890,979 
TOTAL UNITED STATES         142,255,856 
TOTAL COMMON STOCK          
(Cost $701,459,793)         633,690,813 
           
SHORT-TERM INVESTMENT(B)(C) — 3.5%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $22,166,578)     22,166,578    22,166,578 
TOTAL INVESTMENTS — 103.3%          
(Cost $723,626,371)        $655,857,391 

 

Percentages are based on Net Assets of $634,769,028.                

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $22,405,439.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $22,166,578.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® ETF

 

ADR — American Depositary Receipt
Cl — Class
GDR — Global Depositary Receipt
NVDR   — Non-Voting 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 July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $558,202,748   $75,488,065   $—   $633,690,813 
Short-Term Investment   22,166,578    —    —    22,166,578 
Total Investments in Securities  $580,369,326   $75,488,065   $—   $655,857,391 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements. 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® U.S. ETF

 

   Shares   Value 
COMMON STOCK — 77.2%          
NORWAY— 2.0%          
Energy — 2.0%          
SFL    1,012,437   $8,413,352 
UNITED STATES— 75.2%          
Communication Services — 5.5%          
AT&T   342,432    10,129,139 
Verizon Communications   224,776    12,920,124 
         23,049,263 
Consumer Discretionary — 1.9%          
H&R Block   557,033    8,076,978 
Consumer Staples — 24.5%          
Altria Group   294,384    12,113,902 
B&G Foods (A)   971,501    28,086,094 
Bunge   178,943    7,773,284 
General Mills   239,982    15,183,661 
Kraft Heinz    480,226    16,510,170 
Philip Morris International    151,072    11,603,840 
Universal    264,582    11,154,777 
         102,425,728 
Energy — 8.0%          
Chevron    118,014    9,906,095 
Exxon Mobil    217,463    9,150,843 
Hess Midstream (A)   359,362    6,249,305 
Kinder Morgan    584,140    8,236,374 
         33,542,617 
Financials — 11.1%          
Annaly Capital Management ‡   1,173,092    8,692,612 
Arbor Realty Trust ‡ (A)   857,004    8,732,871 
Blackstone Mortgage Trust, Cl A ‡   303,687    7,309,746 
KKR Real Estate Finance Trust ‡   442,204    7,362,697 
Ladder Capital, Cl A ‡   895,199    6,955,696 
Virtu Financial, Cl A   292,708    7,259,158 
         46,312,780 
Industrials — 2.6%          
Ennis   621,854    10,758,074 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® U.S. ETF

 

   Shares   Value 
COMMON STOCK — continued          
Oil & Gas — 1.4%          
South Jersey Industries   248,548   $5,798,625 
Real Estate — 8.9%          
Alexander's ‡   26,864    6,764,086 
Brookfield Property Partners   673,921    7,541,176 
Industrial Logistics Properties Trust ‡   378,369    7,987,370 
Iron Mountain ‡   277,246    7,815,565 
Omega Healthcare Investors ‡   224,186    7,259,143 
         37,367,340 
Utilities — 11.3%          
Clearway Energy, Cl C   318,658    7,819,867 
Dominion Energy   144,694    11,724,555 
Duke Energy   127,389    10,794,944 
National Fuel Gas   168,193    6,823,590 
PPL   370,462    9,861,698 
         47,024,654 
TOTAL UNITED STATES        314,356,059 
TOTAL COMMON STOCK          
(Cost $332,601,109)        322,769,411 
           
MASTER LIMITED PARTNERSHIPS — 22.5%          
Energy — 14.8%          
CrossAmerica Partners (B)   689,157    10,254,656 
Delek Logistics Partners (B)   443,180    12,896,538 
KNOT Offshore Partners (B)   721,169    9,483,372 
MPLX (B)   367,571    6,715,522 
Phillips 66 Partners (B)   208,643    5,800,276 
Sunoco (B)   270,549    6,715,026 
USA Compression Partners (B)   864,866    9,980,554 
         61,845,944 
Financials — 2.2%          
Compass Diversified Holdings (B)   582,280    9,287,366 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® U.S. ETF

 

   Shares   Value 
MASTER LIMITED PARTNERSHIPS — continued          
Industrials — 4.0%          
Fortress Transportation & Infrastructure Investors (B)   645,956   $9,753,935 
Icahn Enterprises (B)   139,812    6,964,036 
         16,717,971 
Utilities — 1.5%          
Suburban Propane Partners (B)   478,328    6,342,629 
           
TOTAL MASTER LIMITED PARTNERSHIPS          
(Cost $95,197,553)        94,193,910 
           
SHORT-TERM INVESTMENT(C)(D) — 7.7%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $31,960,224)   31,960,224    31,960,224 
TOTAL INVESTMENTS — 107.4%          
(Cost $459,758,886)       $448,923,545 

 

Percentages are based on Net Assets of $418,055,879.

 

‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $33,279,095.
(B) Security considered Master Limited Partnership.  At July 31, 2020, these securities amounted to $94,193,910 or 22.5% of net assets.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $31,960,224.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® U.S. ETF

  

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — 99.6%
AUSTRALIA— 23.4%          
Consumer Discretionary — 2.2%          
TABCORP Holdings    67,230   $171,642 
Consumer Services — 1.8%          
Qantas Airways    61,913    143,415 
Financials — 4.6%          
Australia & New Zealand Banking Group    14,049    180,951 
Commonwealth Bank of Australia    3,660    186,883 
Total Financials         367,834 
Industrials — 2.2%          
Westpac Banking    14,225    174,343 
Materials — 8.7%          
BHP Group    7,590    164,870 
BHP Group    6,232    164,246 
Fortescue Metals Group    15,733    196,435 
Rio Tinto    2,742    166,089 
Total Materials         691,640 
Real Estate — 3.9%          
Scentre Group ‡    97,509    142,654 
Stockland ‡    72,995    166,991 
Total Real Estate         309,645 
TOTAL AUSTRALIA         1,858,519 
BELGIUM— 1.9%          
Communication Services — 1.9%          
Proximus    7,454    154,339 
DENMARK— 2.6%          
Consumer Goods — 2.6%          
Pandora    3,306    210,002 
FINLAND— 2.1%          
Utilities — 2.1%          
Fortum    8,378    170,598 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
FRANCE— 6.2%          
Energy — 1.9%          
Total    3,981   $147,345 
Real Estate — 4.3%          
Covivio ‡    2,581    187,089 
Klepierre ‡    9,103    157,050 
Total Real Estate         344,139 
TOTAL FRANCE         491,484 
GERMANY— 1.6%          
Communication Services — 1.6%          
Telefonica Deutschland Holding    47,015    129,258 
HONG KONG— 3.5%          
Communication Services — 3.5%          
HKT Trust & HKT    92,420    136,182 
PCCW    248,765    140,268 
TOTAL HONG KONG         276,450 
ITALY— 12.5%          
Communication Services — 1.9%          
Telecom Italia    373,576    149,665 
Energy — 1.8%          
Eni    15,627    139,349 
Financials — 4.6%          
Mediobanca Banca di Credito Finanziario    25,399    203,572 
Poste Italiane    17,739    162,608 
Total Financials         366,180 
Information Technology — 2.0%          
Assicurazioni Generali    10,719    160,467 
Utilities — 2.2%          
Snam    32,734    174,185 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL ITALY        $989,846 
JAPAN— 8.1%          
Consumer Goods — 1.6%          
Japan Tobacco    7,590    130,077 
Financials — 1.6%          
Aozora Bank    8,200    130,837 
Industrials — 1.8%          
Marubeni    32,000    146,789 
Information Technology — 1.4%          
Canon    7,040    111,596 
Real Estate — 1.7%          
Japan Retail Fund Investment ‡    115    138,026 
TOTAL JAPAN         657,325 
NETHERLANDS— 4.0%          
Energy — 1.7%          
Royal Dutch Shell, Cl A    8,956    131,842 
Financials — 2.3%          
NN Group    5,052    185,193 
TOTAL NETHERLANDS         317,035 
NEW ZEALAND— 2.1%          
Communication Services — 2.1%          
Spark New Zealand    50,854    167,011 
PORTUGAL— 2.1%          
Utilities — 2.1%          
Energias de Portugal    32,184    163,076 
SPAIN— 11.7%          
Communication Services — 1.8%          
Telefonica    34,596    145,147 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 1.6%          
Repsol    15,984   $124,368 
Financials — 2.0%          
Banco Bilbao Vizcaya Argentaria *    50,044    156,049 
Industrials — 1.9%          
ACS Actividades de Construccion y Servicios    6,630    153,271 
Utilities — 4.4%          
Enagas    6,440    162,738 
Endesa    6,528    185,573 
Total Utilities         348,311 
TOTAL SPAIN         927,146 
SWITZERLAND— 4.5%          
Financials — 4.5%          
Swiss Re    2,238    176,541 
Zurich Insurance Group    483    178,503 
TOTAL SWITZERLAND         355,044 
UNITED KINGDOM— 13.3%          
Communication Services — 1.7%          
BT Group, Cl A    105,273    136,210 
Consumer Discretionary — 2.0%          
Barratt Developments *    23,274    155,975 
Consumer Staples — 1.6%          
Imperial Brands    7,593    127,164 
Energy — 1.7%          
BP    37,306    134,726 
Financials — 4.2%          
Legal & General Group    60,919    171,107 
Standard Life Aberdeen    49,832    163,774 
Total Financials         334,881 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — 2.1%          
SSE    9,534   $162,800 
TOTAL UNITED KINGDOM         1,051,756 
TOTAL COMMON STOCK          
(Cost $8,412,228)         7,918,889 
TOTAL INVESTMENTS — 99.6%          
(Cost $8,412,228)        $7,918,889 

 

Percentages are based on Net Assets of $7,949,203

 

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

 

Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — 97.1%
BRAZIL— 12.7%          
Financials — 9.7%          
Banco do Brasil *    84,332   $543,983 
Banco Santander Brasil    95,600    548,904 
BB Seguridade Participacoes    95,800    512,143 
BR Malls Participacoes    245,900    467,634 
         2,072,664 
Information Technology — 3.0%          
Cielo    624,300    643,992 
TOTAL BRAZIL         2,716,656 
CHILE— 2.3%          
Utilities — 2.3%          
Colbun    2,714,008    491,210 
CHINA— 23.6%          
Energy — 1.8%          
Yanzhou Coal Mining, Cl H    483,000    377,042 
Financials — 1.6%          
Bank of Communications, Cl H    619,280    343,592 
Industrials — 1.6%          
China Merchants Holdings International    299,800    343,117 
Information Technology — 1.9%          
Lenovo Group    686,100    413,420 
Materials — 5.7%          
Baoshan Iron & Steel, Cl A    570,200    402,076 
Maanshan Iron & Steel, Cl A    1,093,400    423,115 
Sansteel Minguang Fujian, Cl A    386,500    394,408 
         1,219,599 
Real Estate — 11.0%          
Agile Group Holdings    359,700    456,226 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Guangzhou R&F Properties    310,300   $357,536 
KWG Group Holdings    249,900    444,972 
Shanghai Lujiazui Finance & Trade Zone Development, Cl B    460,700    386,988 
Shui On Land    2,239,800    332,349 
Yuzhou Properties    869,100    390,244 
         2,368,315 
TOTAL CHINA         5,065,085 
COLOMBIA— 2.0%          
Energy — 2.0%          
Ecopetrol    752,630    419,884 
EGYPT— 1.7%          
Industrials — 1.7%          
ElSewedy Electric    849,600    357,502 
INDIA— 2.1%          
Financials — 2.1%          
REC    339,164    454,032 
MALAYSIA— 1.9%          
Financials — 1.9%          
Malayan Banking    225,900    408,645 
MEXICO— 4.3%          
Financials — 2.3%          
Grupo Financiero Banorte, Cl O *    137,600    495,415 
Real Estate — 2.0%          
Fibra Uno Administracion ‡    518,100    419,065 
TOTAL MEXICO         914,480 
PAKISTAN— 2.1%          
Financials — 2.1%          
MCB Bank    420,769    447,240 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued
ROMANIA— 2.0%          
Real Estate — 2.0%          
NEPI Rockcastle    83,296   $435,294 
RUSSIA— 16.5%          
Communication Services — 1.8%          
Mobile TeleSystems ADR    42,512    376,656 
Consumer Staples — 2.4%          
Magnit PJSC GDR    35,413    525,175 
Energy — 5.2%          
Gazprom PJSC    146,000    358,092 
LUKOIL PJSC    5,318    364,243 
Tatneft PJSC *    51,590    382,898 
         1,105,233 
Materials — 7.1%          
Alrosa PJSC    455,690    419,446 
Magnitogorsk Iron & Steel Works PJSC    742,500    399,802 
MMC Norilsk Nickel PJSC    1,277    338,090 
PhosAgro PJSC GDR    30,896    365,191 
         1,522,529 
TOTAL RUSSIA         3,529,593 
SOUTH AFRICA— 10.4%          
Energy — 2.3%          
Exxaro Resources    63,868    503,893 
Financials — 3.7%          
Absa Group    92,040    428,507 
Old Mutual    553,210    372,624 
         801,131 
Materials — 2.4%          
Kumba Iron Ore    16,001    516,805 
Real Estate — 2.0%          
Growthpoint Properties ‡    543,712    424,337 
TOTAL SOUTH AFRICA         2,246,166 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued
TAIWAN— 11.7%          
Information Technology — 11.7%          
Inventec    488,400   $416,802 
Lite-On Technology    247,800    419,563 
Micro-Star International    109,600    488,241 
Nanya Technology    196,200    405,869 
Walsin Technology    61,000    365,444 
Yageo    31,600    419,615 
TOTAL TAIWAN         2,515,534 
UNITED ARAB EMIRATES— 3.8%          
Financials — 2.0%          
Dubai Islamic Bank PJSC    421,025    432,126 
Real Estate — 1.8%          
Aldar Properties PJSC    815,842    384,250 
TOTAL UNITED ARAB EMIRATES         816,376 
TOTAL COMMON STOCK          
(Cost $21,413,935)         20,817,697 
           
PREFERRED STOCK — 2.3%†
BRAZIL— 2.3%          
Communication Services — 2.3%          
Telefonica Brasil,(A)    48,500    490,515 
TOTAL PREFERRED STOCK          
(Cost $559,420)         490,515 
           
TOTAL INVESTMENTS — 99.4%          
(Cost $21,973,355)        $21,308,212 

 

Percentages are based on Net Assets of $21,428,958.

 

* Non-income producing security.
‡ Real Estate Investment Trust
† Narrow industries are utilized for compliance purposes, whereas broad sectors are utilized
for reporting.
(A) There is currently no stated rate.

 

ADR — American Depositary Receipt

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X MSCI SuperDividend® Emerging Markets ETF

 

Cl — Class
GDR — Global Depositary Receipt
PJSC — Public Joint Stock Company

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $18,787,934   $2,029,763   $—   $20,817,697 
Preferred Stock   490,515    —    —    490,515 
Total Investments in Securities  $19,278,449   $2,029,763   $—   $21,308,212 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® REIT ETF

 

   Shares   Value 
COMMON STOCK — 99.8%
AUSTRALIA— 0.5%          
Real Estate — 0.5%
Cromwell Property Group ‡   2,587,076   $1,641,958 
CANADA— 0.5%          
Real Estate — 0.5%
NorthWest Healthcare Properties Real Estate Investment Trust ‡   197,981    1,662,774 
SINGAPORE— 11.3%          
Real Estate — 11.3%
Frasers Logistics & Industrial Trust ‡   11,338,100    11,161,989 
Manulife US Real Estate Investment Trust ‡   22,466,633    17,299,307 
Mapletree North Asia Commercial Trust ‡   13,572,700    8,462,524 
TOTAL SINGAPORE        36,923,820 
SOUTH AFRICA— 2.8%          
Real Estate — 2.8%
Growthpoint Properties ‡   11,507,994    8,981,354 
UNITED STATES— 84.7%          
Financials — 39.4%
Annaly Capital Management ‡   2,341,528    17,350,723 
Apollo Commercial Real Estate Finance ‡   1,211,669    11,268,522 
Arbor Realty Trust ‡ (A)   1,158,565    11,805,777 
ARMOUR Residential REIT ‡   1,306,661    12,204,214 
Blackstone Mortgage Trust, Cl A ‡   518,170    12,472,352 
Chimera Investment ‡   1,019,967    9,169,503 
KKR Real Estate Finance Trust ‡   990,111    16,485,348 
Ladder Capital, Cl A ‡   1,089,138    8,462,602 
Ready Capital ‡   1,494,836    11,988,585 
Redwood Trust ‡   847,546    6,043,003 
Starwood Property Trust ‡   763,979    11,421,486 
         128,672,115 
Real Estate — 45.3%
Brookfield Property REIT, Cl A ‡ (A)   1,073,256    12,460,501 
CoreCivic ‡ *   553,707    4,933,529 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® REIT ETF

 

    

Shares

    

Value

 
COMMON STOCK — continued
Real Estate — continued
EPR Properties ‡ *   220,328   $6,307,991 
Gaming and Leisure Properties ‡   449,982    16,293,847 
GEO Group ‡   769,625    8,181,114 
Global Medical REIT ‡   136,849    1,627,135 
Industrial Logistics Properties Trust ‡   467,524    9,869,432 
Iron Mountain ‡   350,596    9,883,301 
Kite Realty Group Trust ‡   661,508    6,529,084 
LTC Properties ‡   42,457    1,577,278 
MGM Growth Properties, Cl A ‡   349,280    9,549,315 
National Health Investors ‡   25,955    1,609,210 
Office Properties Income Trust ‡   326,877    8,220,957 
Omega Healthcare Investors ‡   536,247    17,363,677 
RPT Realty ‡ *   1,079,325    6,713,402 
SITE Centers ‡ *   1,207,625    8,851,891 
Spirit Realty Capital ‡   47,499    1,636,816 
Tanger Factory Outlet Centers ‡ * (A)   1,039,962    6,686,956 
Taubman Centers ‡ *   154,459    5,980,652 
Uniti Group ‡   168,942    1,672,526 
WP Carey ‡   23,370    1,667,917 
         147,616,531 
TOTAL UNITED STATES        276,288,646 
TOTAL COMMON STOCK          
(Cost $413,504,253)        325,498,552 
           
SHORT-TERM INVESTMENT(B)(C) — 4.9%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $16,042,064)    16,042,064    16,042,064 
TOTAL INVESTMENTS — 104.7%          
(Cost $429,546,317)       $341,540,616 

 

Percentages are based on Net Assets of $326,277,884.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperDividend® REIT ETF

  

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $15,817,054.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $16,042,064.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class
REIT — Real Estate Investment Trust

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $288,574,732   $36,923,820   $—   $325,498,552 
Short-Term Investment   16,042,064    —    —    16,042,064 
Total Investments in Securities  $304,616,796   $36,923,820   $—   $341,540,616 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — 103.9%(A)
ARGENTINA— 0.5%          
Consumer Discretionary — 0.5%
MercadoLibre *   5,535   $6,224,772 
CHINA— 1.3%          
Communication Services — 0.6%
Baidu ADR *   30,731    3,669,281 
NetEase ADR    8,111    3,718,245 
         7,387,526 
Consumer Discretionary — 0.7%
JD.com ADR *   102,703    6,551,424 
Trip.com Group ADR *   62,019    1,686,917 
         8,238,341 
TOTAL CHINA        15,625,867 
           
ISRAEL— 0.2%          
Information Technology — 0.2%
Check Point Software Technologies *   15,923    1,995,948 
NETHERLANDS— 0.6%          
Information Technology — 0.6%
ASML Holding, Cl G    8,453    2,989,995 
NXP Semiconductors    31,068    3,651,422 
TOTAL NETHERLANDS        6,641,417 
           
UNITED KINGDOM— 0.1%          
Communication Services — 0.1%
Liberty Global *  39,728    904,209 
Liberty Global, Cl A *   24,289    568,484 
TOTAL UNITED KINGDOM        1,472,693 
           
UNITED STATES— 101.2%          
Communication Services — 19.8%
Activision Blizzard    85,267    7,045,612 
Alphabet, Cl A *   30,020    44,668,259 
Alphabet, Cl C *   29,315    43,472,972 
Charter Communications, Cl A *   22,915    13,290,700 
Comcast, Cl A    506,153    21,663,348 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

      Shares       Value  
COMMON STOCK — continued
Communication Services — continued
Electronic Arts *     32,220     $ 4,562,996  
Facebook, Cl A *     209,711       53,197,390  
Fox, Cl A     41,356       1,065,744  
Fox, Cl B     30,671       790,392  
Netflix *     48,886       23,899,388  
Sirius XM Holdings     488,782       2,874,038  
Take-Two Interactive Software *     13,506       2,215,254  
T-Mobile US *     137,205       14,733,073  
              233,479,166  
Consumer Discretionary — 17.7%
Amazon.com *     43,522       137,733,203  
Booking Holdings *     4,533       7,534,435  
Dollar Tree *     26,120       2,438,302  
eBay     77,923       4,307,583  
Expedia Group *     14,569       1,180,235  
Lululemon Athletica *     13,728       4,469,700  
Marriott International, Cl A *     35,978       3,015,856  
O'Reilly Automotive *     8,323       3,973,234  
Ross Stores *     39,848       3,573,170  
Starbucks     129,530       9,912,931  
Tesla *     20,613       29,492,256  
Ulta Beauty *     6,924       1,336,263  
              208,967,168  
Consumer Staples — 5.0%
Costco Wholesale     49,040       15,963,991  
Kraft Heinz     136,034       4,676,849  
Mondelez International, Cl A     158,181       8,777,464  
Monster Beverage *     59,682       4,683,843  
PepsiCo     154,181       21,224,557  
Walgreens Boots Alliance     98,524       4,010,912  
              59,337,616  
Health Care — 7.4%
Alexion Pharmaceuticals *     24,500       2,511,005  

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

      Shares       Value  
COMMON STOCK — continued
Health Care — continued
Align Technology *     8,774     $ 2,577,977  
Amgen     65,339       15,986,493  
Biogen Idec *     18,027       4,951,837  
BioMarin Pharmaceutical *     20,144       2,413,453  
Cerner     34,387       2,388,177  
DexCom *     10,185       4,435,975  
Gilead Sciences     139,136       9,674,126  
IDEXX Laboratories *     9,454       3,760,329  
Illumina *     16,400       6,267,424  
Incyte *     24,215       2,391,473  
Intuitive Surgical *     12,922       8,857,255  
Moderna *     42,854       3,175,481  
Regeneron Pharmaceuticals *     11,166       7,057,694  
Seattle Genetics *     19,090       3,174,094  
Vertex Pharmaceuticals *     28,727       7,813,744  
              87,436,537  
Industrials — 1.8%
Cintas     11,510       3,474,523  
Copart *     26,154       2,438,861  
CSX     84,663       6,039,858  
Fastenal     63,506       2,987,322  
PACCAR     38,334       3,261,457  
Verisk Analytics, Cl A     18,062       3,408,480  
              21,610,501  
Information Technology — 48.8%
Adobe *     53,549       23,792,892  
Advanced Micro Devices *     129,660       10,039,574  
Analog Devices     41,071       4,717,004  
ANSYS *     9,509       2,953,495  
Apple     378,207       160,753,103  
Applied Materials     102,551       6,597,106  
Autodesk *     24,514       5,795,845  
Automatic Data Processing     47,577       6,323,459  

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

      Shares       Value  
COMMON STOCK — continued
Information Technology — continued
Broadcom     44,384     $ 14,058,632  
Cadence Design Systems *     31,009       3,387,733  
CDW     15,853       1,842,911  
Cisco Systems     469,238       22,101,110  
Citrix Systems     13,457       1,921,121  
Cognizant Technology Solutions, Cl A     60,854       4,157,545  
DocuSign, Cl A *     20,182       4,376,063  
Fiserv *     74,143       7,398,730  
Intel     470,735       22,468,182  
Intuit     28,896       8,852,868  
KLA     17,379       3,472,846  
Lam Research     16,218       6,116,781  
Maxim Integrated Products *     29,524       2,010,289  
Microchip Technology     27,330       2,780,281  
Micron Technology *     123,005       6,157,015  
Microsoft     661,704       135,655,938  
NetApp     26,390       1,169,077  
NVIDIA     68,376       29,031,765  
Paychex     39,722       2,856,806  
PayPal Holdings *     130,495       25,586,155  
QUALCOMM     124,806       13,180,762  
Skyworks Solutions     18,748       2,729,334  
Splunk *     17,481       3,667,863  
Synopsys *     16,668       3,320,599  
Texas Instruments     101,879       12,994,666  
VeriSign *     12,869       2,724,110  
Western Digital *     32,520       1,401,612  
Workday, Cl A *     19,153       3,465,161  
Xilinx     27,450       2,946,758  
Zoom Video Communications, Cl A *     18,491       4,695,050  
              577,500,241  
Utilities — 0.7%
Exelon     108,409       4,185,672  

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

      Shares/Number of Contracts       Value  
COMMON STOCK — continued
Utilities — continued
Xcel Energy     58,311     $ 4,025,791  
              8,211,463  
TOTAL UNITED STATES             1,196,542,692  
TOTAL COMMON STOCK                
(Cost $818,827,421)             1,228,503,389  
TOTAL INVESTMENTS — 103.9%                
(Cost $818,827,421)           $ 1,228,503,389  
WRITTEN OPTION — (4.1)%(1)                
UNITED STATES — (4.1)%                
(Premiums Received  $39,507,313)     (1,126 )   $ (47,961,970 )

 

Percentages are based on Net Assets of $1,182,535,165.

 

Description   Number of
Contracts		     Notional
Amount+		     Exercise
Price		     Expiration Date     Value  
WRITTEN OPTION — (4.1)%                                        
Call Options                                        
Aug 21 Calls on NDX*     (1,126 )   $ (39,507,313 )   $ 10,625.00       08/22/20     $ (47,961,970 )
Total Written Option           $ (39,507,313 )                   $ (47,961,970 )

 

+ Represents Cost

* 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 written options contracts. The aggregate market value of collateral at July 31, 2020 was $12,848,466.

 

ADR — American Depositary Receipt
Cl — Class
NDX — NASDAQ 100 Index
 

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X NASDAQ 100® Covered Call ETF

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements. 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — 101.3%(A)
UNITED KINGDOM — 0.5%        
Energy — 0.0%
TechnipFMC   2,228   $17,891 
Materials — 0.5%
Linde   2,093    513,015 
TOTAL UNITED KINGDOM        530,906 
UNITED STATES — 100.8%          
Communication Services — 11.0%
Activision Blizzard   3,230    266,895 
Alphabet, Cl A *   1,211    1,801,907 
Alphabet, Cl C *   1,181    1,751,376 
AT&T   28,590    845,692 
CenturyLink   3,374    32,559 
Charter Communications, Cl A *   598    346,840 
Comcast, Cl A   18,249    781,057 
Discovery, Cl A *   796    16,796 
Discovery, Cl C *   1,692    32,063 
DISH Network, Cl A *   1,232    39,560 
Electronic Arts *   1,218    172,493 
Facebook, Cl A *   9,721    2,465,926 
Fox, Cl A   1,165    30,022 
Fox, Cl B   800    20,616 
Interpublic Group   2,001    36,118 
Live Nation Entertainment *   518    24,248 
Netflix *   1,764    862,385 
News, Cl A   1,960    24,931 
News, Cl B   636    8,115 
Omnicom Group   751    40,351 
Take-Two Interactive Software *   507    83,158 
T-Mobile US *   2,297    246,652 
Twitter *   2,985    108,654 
Verizon Communications   16,613    954,915 
ViacomCBS, Cl B   2,206    57,511 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Walt Disney *   7,246   $847,347 
         11,898,187 
Consumer Discretionary — 11.4%
Advance Auto Parts   236    35,433 
Amazon.com *   1,698    5,373,627 
Aptiv *   1,053    81,871 
AutoZone *   89    107,460 
Best Buy   920    91,623 
Booking Holdings *   162    269,265 
BorgWarner   1,044    38,210 
CarMax *   590    57,212 
Carnival *   1,933    26,830 
Chipotle Mexican Grill, Cl A *   98    113,206 
Darden Restaurants *   634    48,121 
Dollar General   984    187,353 
Dollar Tree *   965    90,083 
Domino's Pizza   164    63,404 
DR Horton   1,393    92,161 
eBay   2,538    140,301 
Expedia Group *   629    50,955 
Ford Motor *   15,946    105,403 
Gap   1,118    14,948 
Garmin   588    57,971 
General Motors *   5,213    129,752 
Genuine Parts   572    51,566 
H&R Block   1,070    15,515 
Hanesbrands   1,860    26,282 
Hasbro   565    41,109 
Hilton Worldwide Holdings *   1,232    92,462 
Home Depot   4,321    1,147,182 
Kohl's *   866    16,489 
L Brands *   1,242    30,317 
Las Vegas Sands *   1,370    59,787 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Leggett & Platt   680   $27,261 
Lennar, Cl A   1,007    72,856 
LKQ *   988    27,851 
Lowe's   3,005    447,475 
Marriott International, Cl A *   1,018    85,334 
McDonald's   2,972    577,400 
MGM Resorts International   2,402    38,648 
Mohawk Industries *   328    26,191 
Newell Brands   1,985    32,554 
NIKE, Cl B   4,947    482,877 
Norwegian Cruise Line Holdings *   835    11,389 
NVR *   12    47,162 
O'Reilly Automotive *   313    149,420 
PulteGroup   840    36,624 
PVH *   396    19,269 
Ralph Lauren, Cl A *   286    20,392 
Ross Stores *   1,506    135,043 
Royal Caribbean Cruises *   731    35,607 
Starbucks   4,638    354,946 
Tapestry *   1,487    19,866 
Target   1,969    247,858 
Tiffany   435    54,532 
TJX *   4,723    245,549 
Tractor Supply   468    66,802 
Ulta Beauty *   227    43,809 
Under Armour, Cl A *   954    10,036 
Under Armour, Cl C *   981    9,310 
VF   1,337    80,701 
Whirlpool   290    47,305 
Wynn Resorts *   375    27,161 
Yum! Brands   1,251    113,903 
         12,251,029 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — 7.1%
Altria Group   7,358   $302,782 
Archer-Daniels-Midland   2,090    89,515 
Brown-Forman, Cl B   641    44,447 
Campbell Soup   642    31,824 
Church & Dwight   1,001    96,426 
Clorox   518    122,512 
Coca-Cola   15,488    731,653 
Colgate-Palmolive   3,376    260,627 
Conagra Brands   2,000    74,900 
Constellation Brands, Cl A   693    123,493 
Costco Wholesale   1,764    574,235 
Coty, Cl A *   1,236    4,585 
Estee Lauder, Cl A *   931    183,910 
General Mills   2,523    159,630 
Hershey   548    79,685 
Hormel Foods   1,118    56,861 
JM Smucker   457    49,973 
Kellogg   1,006    69,404 
Kimberly-Clark   1,333    202,669 
Kraft Heinz   2,538    87,256 
Kroger   3,315    115,329 
Lamb Weston Holdings   547    32,864 
McCormick   505    98,424 
Molson Coors Beverage, Cl B *   949    35,607 
Mondelez International, Cl A   5,650    313,519 
Monster Beverage *   1,576    123,684 
PepsiCo   5,561    765,527 
Philip Morris International   6,207    476,759 
Procter & Gamble   9,953    1,305,038 
Sysco   2,110    111,514 
Tyson Foods, Cl A   1,273    78,226 
Walgreens Boots Alliance   3,127    127,300 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Walmart   5,670   $733,698 
         7,663,876 
Energy — 2.6%
Apache   1,950    29,933 
Baker Hughes, Cl A   2,669    41,343 
Cabot Oil & Gas   2,033    38,017 
Chevron   7,477    627,619 
Concho Resources   683    35,885 
ConocoPhillips   4,192    156,739 
Devon Energy   1,403    14,717 
Diamondback Energy   771    30,732 
EOG Resources   2,399    112,393 
Exxon Mobil   16,955    713,466 
Halliburton   3,729    53,437 
Hess   1,203    59,200 
HollyFrontier   761    20,928 
Kinder Morgan   8,085    113,999 
Marathon Oil *   4,335    23,799 
Marathon Petroleum   2,469    94,316 
National Oilwell Varco *   1,959    22,548 
Noble Energy   2,476    24,735 
Occidental Petroleum   4,068    64,030 
ONEOK   1,755    48,982 
Phillips 66   1,837    113,931 
Pioneer Natural Resources   599    58,055 
Schlumberger   5,294    96,033 
Valero Energy   1,682    94,579 
Williams   5,119    97,926 
         2,787,342 
Financials — 10.0%
Aflac   2,729    97,071 
Allstate   1,352    127,615 
American Express   2,606    243,192 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
American International Group   3,571   $114,772 
Ameriprise Financial   452    69,441 
Aon, Cl A   901    184,903 
Arthur J Gallagher   754    81,048 
Assurant   277    29,769 
Bank of America   31,305    778,868 
Bank of New York Mellon   3,095    110,956 
Berkshire Hathaway, Cl B *   7,839    1,534,720 
BlackRock, Cl A   612    351,906 
Capital One Financial   1,923    122,687 
Cboe Global Markets   437    38,325 
Charles Schwab   4,789    158,755 
Chubb   1,776    225,978 
Cincinnati Financial   607    47,304 
Citigroup   8,295    414,833 
Citizens Financial Group   1,783    44,236 
CME Group, Cl A   1,413    234,812 
Comerica   772    29,737 
Discover Financial Services   1,121    55,411 
E*TRADE Financial   873    44,322 
Everest Re Group   133    29,099 
Fifth Third Bancorp   2,582    51,279 
First Republic Bank   683    76,824 
Franklin Resources   1,411    29,702 
Globe Life   313    24,915 
Goldman Sachs Group   1,221    241,709 
Hartford Financial Services Group   1,601    67,754 
Huntington Bancshares   4,816    44,644 
Intercontinental Exchange   2,145    207,593 
Invesco   2,098    21,064 
JPMorgan Chase   12,251    1,183,937 
KeyCorp   4,147    49,805 
Lincoln National   957    35,667 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Loews   1,122   $40,852 
M&T Bank   596    63,146 
MarketAxess Holdings   154    79,572 
Marsh & McLennan   2,121    247,309 
MetLife   2,951    111,695 
Moody's   679    191,003 
Morgan Stanley   4,883    238,681 
MSCI, Cl A   353    132,721 
Nasdaq   458    60,140 
Northern Trust   764    59,859 
People's United Financial   1,815    19,584 
PNC Financial Services Group   1,657    176,752 
Principal Financial Group   1,198    50,831 
Progressive   2,455    221,785 
Prudential Financial   1,655    104,877 
Raymond James Financial   406    28,209 
Regions Financial   3,741    40,627 
S&P Global   954    334,138 
State Street   1,324    84,458 
SVB Financial Group *   180    40,369 
Synchrony Financial   1,905    42,158 
T Rowe Price Group   966    133,405 
Travelers   1,070    122,429 
Truist Financial   5,623    210,638 
Unum Group   1,152    19,849 
US Bancorp   5,377    198,089 
Wells Fargo   14,851    360,285 
Willis Towers Watson   531    111,515 
WR Berkley   681    42,052 
Zions Bancorp   889    28,866 
         10,800,547 
Health Care — 14.7%
Abbott Laboratories   7,080    712,531 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
AbbVie   7,058   $669,875 
ABIOMED *   157    47,091 
Agilent Technologies   1,277    123,013 
Alexion Pharmaceuticals *   913    93,573 
Align Technology *   288    84,620 
AmerisourceBergen, Cl A   539    54,003 
Amgen   2,351    575,219 
Anthem   995    272,431 
Baxter International   2,145    185,285 
Becton Dickinson   1,166    328,042 
Biogen Idec *   636    174,703 
Bio-Rad Laboratories, Cl A *   72    37,792 
Boston Scientific *   5,863    226,136 
Bristol-Myers Squibb   9,034    529,935 
Cardinal Health   1,181    64,506 
Centene *   2,445    159,536 
Cerner   1,141    79,242 
Cigna   1,459    251,955 
Cooper   200    56,586 
CVS Health   5,185    326,344 
Danaher   2,507    510,927 
DaVita *   354    30,936 
DENTSPLY SIRONA   838    37,375 
DexCom *   389    169,425 
Edwards Lifesciences *   2,415    189,360 
Eli Lilly   3,365    505,726 
Gilead Sciences   4,985    346,607 
HCA Healthcare *   1,099    139,177 
Henry Schein *   685    47,080 
Hologic *   1,034    72,153 
Humana   556    218,202 
IDEXX Laboratories *   355    141,201 
Illumina *   616    235,411 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Incyte *   726   $71,700 
Intuitive Surgical *   486    333,124 
IQVIA Holdings *   743    117,684 
Johnson & Johnson   10,628    1,549,137 
Laboratory Corp of America Holdings *   392    75,625 
McKesson   665    99,856 
Medtronic   5,354    516,554 
Merck   10,120    812,029 
Mettler-Toledo International *   99    92,565 
Mylan *   2,473    39,840 
PerkinElmer   387    46,018 
Perrigo   664    35,205 
Pfizer   22,263    856,680 
Quest Diagnostics   537    68,237 
Regeneron Pharmaceuticals *   398    251,564 
ResMed   592    119,886 
STERIS   302    48,208 
Stryker   1,269    245,298 
Teleflex   170    63,427 
Thermo Fisher Scientific   1,578    653,213 
UnitedHealth Group   3,812    1,154,197 
Universal Health Services, Cl B *   371    40,773 
Varian Medical Systems *   339    48,382 
Vertex Pharmaceuticals *   1,026    279,072 
Waters *   257    54,780 
West Pharmaceutical Services   323    86,845 
Zimmer Biomet Holdings   786    106,000 
Zoetis, Cl A   1,874    284,248 
         15,846,145 
Industrials — 8.0%
3M   2,286    343,974 
Alaska Air Group *   625    21,525 
Allegion   311    30,932 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
American Airlines Group *   1,965   $21,851 
AMETEK   856    79,822 
AO Smith   413    19,882 
Boeing *   2,134    337,172 
Carrier Global   2,996    81,611 
Caterpillar   2,138    284,097 
CH Robinson Worldwide   528    49,484 
Cintas   317    95,693 
Copart *   824    76,838 
CSX   3,002    214,163 
Cummins   633    122,334 
Deere   1,321    232,906 
Delta Air Lines *   2,534    63,274 
Dover   516    53,112 
Eaton   1,545    143,886 
Emerson Electric   2,533    157,071 
Equifax   486    79,004 
Expeditors International of Washington   586    49,523 
Fastenal   2,429    114,260 
FedEx   996    167,726 
Flowserve   687    19,147 
Fortive   1,202    84,368 
Fortune Brands Home & Security   462    35,343 
General Dynamics   978    143,512 
General Electric   34,480    209,294 
Honeywell International   2,793    417,190 
Howmet Aerospace *   1,580    23,352 
Huntington Ingalls Industries   195    33,873 
IDEX   264    43,512 
IHS Markit   1,661    134,093 
Illinois Tool Works   1,125    208,114 
Ingersoll Rand *   1,600    50,544 
Jacobs Engineering Group   453    38,663 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
JB Hunt Transport Services   287   $37,138 
Johnson Controls International   2,823    108,629 
Kansas City Southern   436    74,926 
L3Harris Technologies   838    141,061 
Lockheed Martin   981    371,770 
Masco   935    53,444 
Nielsen Holdings   1,764    25,455 
Norfolk Southern   999    192,018 
Northrop Grumman   606    196,956 
Old Dominion Freight Line   343    62,707 
Otis Worldwide   1,534    96,243 
PACCAR   1,426    121,324 
Parker-Hannifin   540    96,617 
Pentair   833    35,694 
Quanta Services   769    30,737 
Raytheon Technologies   5,848    331,465 
Republic Services, Cl A   857    74,773 
Robert Half International   636    32,353 
Rockwell Automation   490    106,889 
Rollins   697    36,523 
Roper Technologies   433    187,251 
Snap-On   174    25,381 
Southwest Airlines *   2,239    69,163 
Stanley Black & Decker   676    103,644 
Teledyne Technologies *   129    39,564 
Textron   1,158    40,460 
Trane Technologies   1,048    117,240 
TransDigm Group *   213    91,927 
Union Pacific   2,705    468,912 
United Airlines Holdings *   911    28,587 
United Parcel Service, Cl B   2,788    398,015 
United Rentals *   251    38,998 
Verisk Analytics, Cl A   679    128,134 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Waste Management   1,633   $178,977 
Westinghouse Air Brake Technologies   780    48,508 
WW Grainger   173    59,085 
Xylem   716    52,254 
         8,583,967 
Information Technology — 27.8%
Accenture, Cl A   2,544    571,840 
Adobe *   1,932    858,426 
Advanced Micro Devices *   4,618    357,572 
Akamai Technologies *   594    66,789 
Amphenol, Cl A   1,132    119,720 
Analog Devices   1,541    176,984 
ANSYS *   326    101,256 
Apple   16,519    7,021,236 
Applied Materials   3,601    231,652 
Arista Networks *   189    49,096 
Autodesk *   922    217,988 
Automatic Data Processing   1,695    225,282 
Broadcom   1,596    505,533 
Broadridge Financial Solutions   414    55,617 
Cadence Design Systems *   1,155    126,184 
CDW   521    60,566 
Cisco Systems   17,003    800,841 
Citrix Systems   467    66,669 
Cognizant Technology Solutions, Cl A   2,273    155,291 
Corning   3,260    101,060 
DXC Technology *   1,290    23,104 
F5 Networks *   284    38,596 
Fidelity National Information Services   2,452    358,752 
Fiserv *   2,211    220,636 
FleetCor Technologies *   366    94,637 
FLIR Systems   699    29,121 
Fortinet *   577    79,799 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Gartner *   348   $43,375 
Global Payments   1,173    208,817 
Hewlett Packard Enterprise   4,560    45,007 
HP   5,409    95,090 
Intel   17,007    811,744 
International Business Machines   3,538    434,962 
Intuit   1,033    316,480 
IPG Photonics *   105    18,796 
Jack Henry & Associates   275    49,033 
Juniper Networks   1,657    42,055 
Keysight Technologies *   766    76,516 
KLA   594    118,699 
Lam Research   606    228,559 
Leidos Holdings   476    45,296 
Mastercard, Cl A   3,551    1,095,590 
Maxim Integrated Products *   974    66,320 
Microchip Technology   1,002    101,933 
Micron Technology *   4,654    232,956 
Microsoft   30,745    6,303,032 
Motorola Solutions   709    99,118 
NetApp   906    40,136 
NortonLifeLock   2,419    51,888 
NVIDIA   2,469    1,048,313 
Oracle   8,296    460,013 
Paychex   1,306    93,928 
Paycom Software *   221    62,846 
PayPal Holdings *   4,708    923,098 
Qorvo *   483    61,896 
QUALCOMM   4,475    472,605 
salesforce.com *   3,609    703,214 
Seagate Technology   923    41,738 
ServiceNow *   755    331,596 
Skyworks Solutions   690    100,450 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

  

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Synopsys *   619   $123,317 
TE Connectivity   1,256    111,872 
Texas Instruments   3,659    466,705 
Tyler Technologies *   142    50,730 
VeriSign *   424    89,752 
Visa, Cl A   6,786    1,292,054 
Western Digital *   1,203    51,849 
Western Union   1,728    41,956 
Xerox Holdings   1,083    18,032 
Xilinx   1,034    111,000 
Zebra Technologies, Cl A *   212    59,519 
         29,956,132 
Materials — 2.1%
Air Products & Chemicals   928    265,993 
Albemarle   349    28,778 
Amcor   5,744    59,163 
Avery Dennison   324    36,722 
Ball   1,348    99,253 
Celanese, Cl A   406    39,463 
CF Industries Holdings   654    20,490 
Corteva   3,055    87,251 
Dow   3,060    125,644 
DuPont de Nemours   3,072    164,291 
Eastman Chemical   460    34,330 
Ecolab   969    181,280 
FMC   487    51,646 
Freeport-McMoRan Copper & Gold *   5,273    68,127 
International Flavors & Fragrances   427    53,781 
International Paper   1,565    54,447 
LyondellBasell Industries, Cl A   1,104    69,022 
Martin Marietta Materials   251    52,002 
Mosaic   1,817    24,475 
Newmont   3,134    216,873 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Nucor   1,070   $44,886 
Packaging Corp of America   319    30,662 
PPG Industries   894    96,239 
Sealed Air   705    25,155 
Sherwin-Williams   315    204,095 
Vulcan Materials   533    62,585 
Westrock   1,319    35,428 
         2,232,081 
Real Estate — 2.9%
Alexandria Real Estate Equities ‡   546    96,942 
American Tower, Cl A ‡   1,767    461,876 
Apartment Investment & Management, Cl A ‡   793    30,784 
AvalonBay Communities ‡   529    81,001 
Boston Properties ‡   660    58,799 
CBRE Group, Cl A *   1,219    53,405 
Crown Castle International ‡   1,647    274,555 
Digital Realty Trust ‡   1,098    176,273 
Duke Realty ‡   1,467    58,959 
Equinix ‡   349    274,133 
Equity Residential ‡   1,441    77,281 
Essex Property Trust ‡   268    59,158 
Extra Space Storage ‡   514    53,117 
Federal Realty Investment Trust ‡   371    28,307 
Healthpeak Properties ‡   2,407    65,687 
Host Hotels & Resorts ‡ *   2,688    28,977 
Iron Mountain ‡   1,409    39,720 
Kimco Realty ‡ *   2,173    24,229 
Mid-America Apartment Communities ‡   455    54,231 
ProLogis ‡   2,918    307,615 
Public Storage ‡   624    124,725 
Realty Income ‡   1,436    86,232 
Regency Centers ‡   801    32,865 
SBA Communications, Cl A ‡   469    146,112 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Simon Property Group ‡   1,144   $71,328 
SL Green Realty ‡   390    18,135 
UDR ‡   1,384    50,101 
Ventas ‡   1,338    51,326 
Vornado Realty Trust ‡   639    22,058 
Welltower ‡   1,662    89,017 
Weyerhaeuser ‡ *   3,285    91,356 
         3,088,304 
Utilities — 3.2%
AES   2,226    33,902 
Alliant Energy   1,184    63,758 
Ameren   1,007    80,802 
American Electric Power   2,070    179,842 
American Water Works   744    109,569 
Atmos Energy   432    45,787 
CenterPoint Energy   2,607    49,559 
CMS Energy   1,153    74,000 
Consolidated Edison   1,381    106,102 
Dominion Energy   3,472    281,336 
DTE Energy   786    90,885 
Duke Energy   2,895    245,322 
Edison International   1,473    82,002 
Entergy   817    85,891 
Evergy   914    59,255 
Eversource Energy   1,344    121,054 
Exelon   4,060    156,757 
FirstEnergy   2,366    68,614 
NextEra Energy   1,953    548,207 
NiSource   1,741    42,568 
NRG Energy   801    27,082 
Pinnacle West Capital   372    30,906 
PPL   2,873    76,479 
Public Service Enterprise Group   2,095    117,194 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

    Shares/Number of
Warrants/Number
of Contracts		     Value  
COMMON STOCK — continued
Utilities — continued
Sempra Energy     1,174     $ 146,116  
Southern     4,421       241,431  
WEC Energy Group     1,313       125,076  
Xcel Energy     2,187       150,990  
              3,440,486  
TOTAL UNITED STATES             108,548,096  
TOTAL COMMON STOCK                
(Cost $99,560,101)             109,079,002  
 
WARRANT* — 0.0%
United States — 0.0%
Occidental Petroleum*(B)(C)(D)                
Expires 07/06/27     518       —  
                 
TOTAL WARRANT
(Cost $ –)		             —  
TOTAL INVESTMENTS — 101.3%                
(Cost $99,560,101)           $ 109,079,002  
WRITTEN OPTION — (1.5)%(1)                
UNITED STATES — (1.5)%                
(Premiums Received  $1,595,467)     (333 )   $ (1,620,045 )

 

Percentages are based on Net Assets of $107,712,122.

  

Description

 

Number of
Contracts

  

Notional
Amount+

  

Exercise

Price

  

Expiration
Date

 

Value

 
WRITTEN OPTION — (1.5)%                   
Call Options                   
Aug 21 Calls on SPX*   (333)  $(1,595,467)  $3,285.00   08/22/20  $(1,620,045)
Total Written Option       $(1,595,467)          $(1,620,045)

  

+ Represents Cost
* Non-income producing security.
‡ Real Estate Investment Trust
(1) Refer to table below for details on Options Contracts.

  

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X S&P 500® Covered Call ETF

 

(A) All or a portion of these securities has been segregated as collateral for written options contracts. The aggregate market value of collateral at July 31, 2020 was $12,848,466.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of July 31, 2020 was $0 and represented 0.0% 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 July 31, 2020, was $0 and represents 0.0% of net assets.

 

Cl — Class
S&P — Standard & Poor's
SPX — S&P 500 Index

  

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3(1)

    

Total

 
Common Stock  $109,079,002   $—   $—   $109,079,002 
Warrant   —    —    —    — 
Total Investments in Securities  $109,079,002   $—   $—   $109,079,002 

  

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

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

  

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020

 

Global X Russell 2000 Covered Call ETF

 

   Shares/Number
of Contracts		   Value 
EXCHANGE TRADED FUND — 102.7%‡(A)
Vanguard Russell 2000 ETF          
(Cost $16,402,657)   140,305   $16,671,040 
           
TOTAL INVESTMENTS — 102.7%          
(Cost $16,402,657)       $16,671,040 
WRITTEN OPTION — (2.9)%(1)          
UNITED STATES — (2.9)%          
(Premiums Received  $655,840)   (112)  $(469,840)

 

Percentages are based on Net Assets of $16,235,693.

  

Description  Number of
Contracts		   Notional
Amount+		  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (2.9)%                         
Call Options                       
Aug 21 Calls on RUT*   (112)  $(655,840)  $1,480.00   08/22/20  $(469,840)
Total Written Option       $(655,840)          $(469,840)

 

+ Represents Cost
‡

For financial information on the Vanguard Russell 2000 ETF, please go to the Securities Exchange Commission’s website at http://www.sec.gov.

* 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 written options contracts. The aggregate market value of collateral at July 31, 2020 was $12,848,466.

  

ETF — Exchange Traded Fund
RUT — Russell 2000 Index

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperIncome™ Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — 99.6%
BERMUDA — 1.4%        
Financials — 1.4%    
Enstar Group, 7.000%, VAR ICE LIBOR USD 3 Month+4.015%    92,124   $2,471,687 
TOTAL BERMUDA         2,471,687 
UNITED KINGDOM — 3.8%          
Financials — 3.8%          
HSBC Holdings, 6.200%    262,290    6,809,048 
TOTAL UNITED KINGDOM         6,809,048 
UNITED STATES — 94.4%          
Consumer Staples — 1.6%          
CHS, Ser 4, 7.500%    105,500    2,876,985 
Energy — 6.0%          
Crestwood Equity Partners, 9.250%    350,147    2,233,938 
Energy Transfer Operating, 7.625%, VAR ICE LIBOR USD 3 Month+4.738%    89,917    1,657,170 
Energy Transfer Operating, 7.600%, VAR ICE LIBOR USD 3 Month+5.161%    164,799    3,134,477 
Energy Transfer Operating, 7.375%, VAR ICE LIBOR USD 3 Month+4.530%    91,409    1,660,901 
NuStar Logistics, 7.953%, VAR ICE LIBOR USD 3 Month+6.734%    98,183    1,977,406 
         10,663,892 
Financials — 68.3%          
AGNC Investment, 7.000%, VAR ICE LIBOR USD 3 Month+5.111% ‡    69,923    1,645,288 
AGNC Investment, 6.500%, VAR ICE LIBOR USD 3 Month+4.993% ‡    87,961    1,998,474 
AGNC Investment, 6.125%, VAR ICE LIBOR USD 3 Month+4.697% ‡    126,972    2,794,654 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperIncome™ Preferred ETF

 

    

Shares

    

Value

 
PREFERRED STOCK — continued
Financials — continued          
American Equity Investment Life Holding, 5.950%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.322%    87,607   $2,045,623 
Annaly Capital Management, Ser D, 7.500% ‡    113,780    2,855,878 
Annaly Capital Management, 6.950%, VAR ICE LIBOR USD 3 Month+4.993% ‡    198,024    4,445,639 
Annaly Capital Management, 6.750%, VAR ICE LIBOR USD 3 Month+4.989% ‡    121,350    2,743,723 
Athene Holding, 6.350%, VAR ICE LIBOR USD 3 Month+4.253%    189,614    4,941,341 
Athene Holding, 5.625%    78,710    1,948,860 
Bank of America, 6.200%    219,530    5,672,655 
Brighthouse Financial, 6.600%    90,599    2,397,249 
Capital One Financial, 6.200%    108,597    2,785,513 
Charles Schwab, 5.950%    148,193    3,934,524 
Citigroup, Ser J, 7.125%, VAR ICE LIBOR USD 3 Month+4.040%    115,632    3,282,793 
Citigroup, 6.875%, VAR ICE LIBOR USD 3 Month+4.130%    182,545    5,111,260 
Equitable Holdings, 5.250%    163,664    4,024,498 
Fifth Third Bancorp, 6.625%, VAR ICE LIBOR USD 3 Month+3.710%    90,379    2,479,096 
GMAC Capital Trust I, Ser 2, 6.177%, VAR ICE LIBOR USD 3 Month+5.785%    398,272    9,586,407 
Goldman Sachs Group, 6.375%, VAR ICE LIBOR USD 3 Month+3.550% (A)    141,676    3,881,922 
Goldman Sachs Group, 6.300%    132,452    3,454,348 
Hartford Financial Services Group, 7.875%, VAR ICE LIBOR USD 3 Month+5.596%    122,220    3,494,270 
Huntington Bancshares, 6.250%    127,224    3,249,301 
JPMorgan Chase, 6.150%    227,967    5,749,328 
KKR, 6.750%    68,106    1,800,042 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperIncome™ Preferred ETF

 

    

Shares

    

Value

 
PREFERRED STOCK — continued
Financials — continued          
Morgan Stanley, Ser E, 7.125%, VAR ICE LIBOR USD 3 Month+4.320%    146,722   $4,218,258 
Morgan Stanley, Ser F, 6.875%, VAR ICE LIBOR USD 3 Month+3.940%    144,650    4,151,455 
New York Community Bancorp, 6.375%, VAR ICE LIBOR USD 3 Month+3.821%    109,157    2,891,569 
Regions Financial, Ser A, 6.375%    103,721    2,676,002 
Regions Financial, Ser B, 6.375%, VAR ICE LIBOR USD 3 Month+3.536%    99,411    2,722,867 
Reinsurance Group of America, 6.200%, VAR ICE LIBOR USD 3 Month+4.370%    82,767    2,230,571 
Synchrony Financial, 5.625%    178,536    4,306,288 
Synovus Financial, 5.875%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.127%    80,879    1,968,595 
US Bancorp, 6.500%, VAR ICE LIBOR USD 3 Month+4.468%    227,681    6,083,636 
Wells Fargo, 6.625%, VAR ICE LIBOR USD 3 Month+3.690%    167,440    4,485,718 
         122,057,645 
Health Care — 4.0%          
Avantor, 6.250% *    99,256    7,159,335 
Information Technology — 5.2%          
Broadcom, 8.000% *    8,165    9,315,530 
Real Estate — 3.6%          
Monmouth Real Estate Investment, 6.125% ‡    74,765    1,878,097 
VEREIT, Ser F, 6.700% ‡    178,613    4,595,712 
         6,473,809 
Utilities — 5.7%          
CenterPoint Energy, 7.000% *    111,732    4,039,112 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperIncome™ Preferred ETF

 

    

Shares

    

Value

 
PREFERRED STOCK — continued
Utilities — continued          
NiSource, 6.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.632% (A)   98,032   $2,690,978 
Sempra Energy, 6.750% * (A)    32,662    3,381,824 
         10,111,914 
TOTAL UNITED STATES         168,659,110 
TOTAL PREFERRED STOCK          
(Cost $177,679,151)         177,939,845 
           
SHORT-TERM INVESTMENT(B)(C) — 1.0%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.050%          
(Cost $1,828,430)     1,828,430    1,828,430 
TOTAL SHORT-TERM INVESTMENT          
(Cost $1,828,430)         1,828,430 
           
TOTAL INVESTMENTS — 100.6%          
(Cost $179,507,581)        $179,768,275 

 

Percentages are based on Net Assets of $178,657,193.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at July 31, 2020.  The total value of securities on loan at July 31, 2020 was $1,802,818.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of July 31, 2020, was $1,828,430.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of July 31, 2020.

 

Cl — Class
ICE —  Intercontinental Exchange
LIBOR — London Interbank Offered Rate
Ser — Series
USD — U.S. Dollar
VAR – Variable Rate
 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X SuperIncome™ Preferred ETF

 

As of July 31, 2020, 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.
 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X YieldCo & Renewable Energy Income ETF

 

   Shares   Value 
COMMON STOCK — 90.3%
AUSTRALIA— 5.6%          
Utilities — 5.6%
AGL Energy    243,476   $2,901,994 
BRAZIL— 5.4%          
Utilities — 5.4%
Engie Brasil Energia    317,877    2,819,236 
CANADA— 15.1%          
Utilities — 15.1%
Algonquin Power & Utilities    168,296    2,321,844 
Boralex    38,149    995,092 
Innergex Renewable Energy    68,931    1,183,071 
Northland Power    79,445    2,176,657 
TransAlta Renewables    105,200    1,225,174 
TOTAL CANADA         7,901,838 
CHILE— 12.3%          
Utilities — 12.3%
Colbun    6,938,701    1,255,840 
Enel Americas    18,365,448    2,850,091 
Enel Chile    27,391,207    2,352,295 
TOTAL CHILE         6,458,226 
CHINA— 2.4%          
Industrials — 0.6%
Xinjiang Goldwind Science & Technology, Cl H    293,241    295,125 
Utilities — 1.8%
China Longyuan Power Group, Cl H    1,320,000    945,266 
TOTAL CHINA         1,240,391 
GERMANY— 1.6%          
Utilities — 1.6%
Encavis    54,178    855,911 
ITALY— 6.1%          
Utilities — 6.1%
ACEA    84,309    1,733,695 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X YieldCo & Renewable Energy Income ETF

 

   Shares   Value 
COMMON STOCK — continued
ERG    59,492   $1,447,781 
TOTAL ITALY         3,181,476 
NEW ZEALAND— 11.2%          
Utilities — 11.2%
Contact Energy    284,044    1,105,023 
Mercury NZ    539,289    1,677,689 
Meridian Energy    954,903    3,091,495 
TOTAL NEW ZEALAND         5,874,207 
PORTUGAL— 6.8%          
Utilities — 6.8%
Energias de Portugal    698,856    3,541,096 
RUSSIA— 3.3%          
Utilities — 3.3%
RusHydro PJSC *    168,769,619    1,726,527 
SPAIN— 2.3%          
Utilities — 2.3%
Atlantica Yield    40,200    1,204,794 
THAILAND— 0.7%          
Utilities — 0.7%
BCPG NVDR    758,700    374,697 
UNITED STATES— 17.5%          
Financials — 1.9%
Hannon Armstrong Sustainable Infrastructure Capital ‡    29,025    1,016,746 
Utilities — 15.6%
Avista    26,613    988,141 
Brookfield Renewable, Cl A *    16,327    731,321 
Clearway Energy, Cl A    13,122    300,625 
Hawaiian Electric Industries    43,204    1,566,577 
IDACORP    19,976    1,862,762 
NextEra Energy Partners    25,940    1,613,468 
NorthWestern    19,975    1,123,794 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X YieldCo & Renewable Energy Income ETF

 

   Shares   Value 
COMMON STOCK — continued
        $8,186,688 
TOTAL UNITED STATES         9,203,434 
TOTAL COMMON STOCK          
(Cost $44,864,708)         47,283,827 
 
MASTER LIMITED PARTNERSHIP — 5.4%
Utilities — 5.4%          
Brookfield Renewable Partners (A)          
(Cost $2,198,123)    65,463    2,814,005 
 
CLOSED-END FUNDS — 4.3%
UNITED KINGDOM— 4.3%          
Utilities — 4.3%
Greencoat UK Wind    600,607    1,154,074 
Renewables Infrastructure Group    647,779    1,130,786 
           
TOTAL CLOSED-END FUNDS          
(Cost $2,081,106)         2,284,860 
TOTAL INVESTMENTS — 100.0%          
(Cost $49,143,937)        $52,382,692 

 

Percentages are based on Net Assets of $52,364,822.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) Security considered Master Limited Partnership.  At July 31, 2020, these securities amounted to $2,814,005 or 5.4% of net assets.

 

Cl — Class
NVDR  — Non-Voting Depositary Receipt
PJSC — Public Joint Stock Company

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
UNITED KINGDOM — 0.5%        
Energy — 0.0%
TechnipFMC    6,165   $49,505 
Materials — 0.5%
Linde    7,127    1,746,898 
TOTAL UNITED KINGDOM         1,796,403 
UNITED STATES — 99.4%          
Communication Services — 10.9%
Activision Blizzard    10,645    879,596 
Alphabet, Cl A *    4,153    6,179,456 
Alphabet, Cl C *    4,065    6,028,232 
AT&T    98,695    2,919,398 
CenturyLink    13,534    130,603 
Charter Communications, Cl A *    2,026    1,175,080 
Comcast, Cl A    63,277    2,708,256 
Discovery, Cl A *    2,171    45,808 
Discovery, Cl C *    4,732    89,671 
DISH Network, Cl A *    3,442    110,523 
Electronic Arts *    4,064    575,544 
Facebook, Cl A *    33,153    8,409,923 
Fox, Cl A    4,812    124,005 
Fox, Cl B    2,206    56,849 
Interpublic Group    5,466    98,661 
Live Nation Entertainment *    1,596    74,709 
Netflix *    6,075    2,969,946 
News, Cl A    5,363    68,217 
News, Cl B    1,655    21,118 
Omnicom Group    3,169    170,270 
Take-Two Interactive Software *    1,555    255,051 
T-Mobile US *    7,877    845,832 
Twitter *    10,347    376,631 
Verizon Communications    57,611    3,311,480 
ViacomCBS, Cl B    7,712    201,052 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Walt Disney *    25,084   $2,933,323 
         40,759,234 
Consumer Discretionary — 11.2%
Advance Auto Parts    967    145,185 
Amazon.com *    5,829    18,446,920 
Aptiv *    3,702    287,831 
AutoZone *    300    362,226 
Best Buy    3,181    316,796 
Booking Holdings *    580    964,035 
BorgWarner    2,847    104,200 
CarMax *    2,469    239,419 
Carnival *    6,388    88,665 
Chipotle Mexican Grill, Cl A *    342    395,065 
Darden Restaurants *    1,729    131,231 
Dollar General    3,617    688,677 
Dollar Tree *    3,351    312,816 
Domino's Pizza    500    193,305 
DR Horton    4,743    313,796 
eBay    8,889    491,384 
Expedia Group *    1,814    146,952 
Ford Motor *    54,923    363,041 
Gap    3,048    40,752 
Garmin    1,720    169,575 
General Motors *    17,891    445,307 
Genuine Parts    2,069    186,520 
H&R Block    2,912    42,224 
Hanesbrands    5,167    73,010 
Hasbro    1,670    121,509 
Hilton Worldwide Holdings *    4,037    302,977 
Home Depot    14,875    3,949,164 
Kohl's *    2,364    45,011 
L Brands *    3,308    80,748 
Las Vegas Sands *    4,681    204,279 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Leggett & Platt    1,866   $74,808 
Lennar, Cl A    3,939    284,986 
LKQ *    4,347    122,542 
Lowe's    10,304    1,534,369 
Marriott International, Cl A *    3,833    321,301 
McDonald's    10,522    2,044,214 
Mohawk Industries *    901    71,945 
NIKE, Cl B    17,322    1,690,799 
Norwegian Cruise Line Holdings *    3,020    41,193 
NVR *    46    180,787 
O'Reilly Automotive *    1,083    517,003 
PulteGroup    3,871    168,776 
PVH *    1,150    55,959 
Ralph Lauren, Cl A *    772    55,044 
Ross Stores *    5,063    453,999 
Royal Caribbean Cruises *    2,432    118,463 
Starbucks    16,466    1,260,143 
Tapestry *    3,971    53,053 
Target    7,245    912,000 
Tiffany    1,527    191,425 
TJX *    16,962    881,854 
Tractor Supply    1,737    247,939 
Ulta Beauty *    774    149,374 
Under Armour, Cl A *    2,626    27,626 
Under Armour, Cl C *    2,661    25,253 
VF    4,577    276,267 
Whirlpool    872    142,241 
Wynn Resorts *    1,409    102,054 
Yum! Brands    4,344    395,521 
         42,053,558 
Consumer Staples — 6.9%
Altria Group    50,442    2,075,688 
Brown-Forman, Cl B    4,832    335,051 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Campbell Soup    4,896   $242,695 
Clorox    3,263    771,732 
Coca-Cola    104,758    4,948,767 
Conagra Brands    13,915    521,117 
Constellation Brands, Cl A    4,394    783,011 
Costco Wholesale    12,013    3,910,591 
Coty, Cl A *    7,734    28,693 
Estee Lauder, Cl A *    6,053    1,195,710 
General Mills    15,843    1,002,387 
Hormel Foods    7,840    398,742 
JM Smucker    3,250    355,388 
Kellogg    7,194    496,314 
Kimberly-Clark    9,053    1,376,418 
Kraft Heinz    16,633    571,843 
Kroger    20,783    723,041 
Lamb Weston Holdings    4,184    251,375 
McCormick    3,437    669,871 
Molson Coors Beverage, Cl B *    5,376    201,708 
Mondelez International, Cl A    38,182    2,118,719 
Monster Beverage *    10,059    789,430 
Sysco    13,802    729,436 
Tyson Foods, Cl A    7,696    472,919 
Walgreens Boots Alliance    19,904    810,292 
         25,780,938 
Energy — 2.5%
Apache    5,309    81,493 
Baker Hughes, Cl A    9,856    152,669 
Cabot Oil & Gas    6,179    115,547 
Chevron    25,917    2,175,473 
Concho Resources    2,763    145,168 
ConocoPhillips    15,376    574,909 
Devon Energy    5,774    60,569 
Diamondback Energy    2,108    84,025 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — continued
EOG Resources    7,921   $371,099 
Exxon Mobil    58,044    2,442,491 
Halliburton    12,205    174,898 
Hess    3,629    178,583 
HollyFrontier    2,240    61,600 
Kinder Morgan    26,874    378,923 
Marathon Oil *    11,626    63,827 
Marathon Petroleum    9,116    348,231 
National Oilwell Varco *    5,352    61,602 
Noble Energy    6,938    69,311 
Occidental Petroleum    12,298    193,571 
ONEOK    5,629    157,105 
Phillips 66    6,356    394,199 
Pioneer Natural Resources    2,362    228,925 
Schlumberger    18,914    343,100 
Valero Energy    5,668    318,712 
Williams    16,882    322,953 
         9,498,983 
Financials — 10.0%
Aflac    10,184    362,245 
Allstate    4,493    424,094 
American Express    9,395    876,741 
American International Group    11,859    381,148 
Ameriprise Financial    1,913    293,894 
Aon, Cl A    3,265    670,043 
Arthur J Gallagher    2,516    270,445 
Assurant    812    87,266 
Bank of America    108,085    2,689,156 
Bank of New York Mellon    11,878    425,826 
Berkshire Hathaway, Cl B *    26,996    5,285,276 
BlackRock, Cl A    2,112    1,214,420 
Capital One Financial    6,451    411,574 
Cboe Global Markets    1,557    136,549 

 

 

 

 

    

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Charles Schwab    16,104   $533,848 
Chubb    6,262    796,776 
Cincinnati Financial    2,092    163,030 
Citigroup    28,230    1,411,782 
Citizens Financial Group    6,436    159,677 
CME Group, Cl A    4,893    813,119 
Comerica    2,108    81,200 
Discover Financial Services    4,414    218,184 
E*TRADE Financial    3,269    165,967 
Everest Re Group    568    124,273 
Fifth Third Bancorp    9,510    188,869 
First Republic Bank    2,256    253,755 
Franklin Resources    4,178    87,947 
Globe Life    1,461    116,296 
Goldman Sachs Group    4,431    877,161 
Hartford Financial Services Group    4,884    206,691 
Huntington Bancshares    14,890    138,030 
Intercontinental Exchange    7,734    748,497 
Invesco    5,618    56,405 
JPMorgan Chase    42,282    4,086,133 
KeyCorp    13,964    167,708 
Lincoln National    2,885    107,524 
Loews    3,755    136,720 
M&T Bank    1,869    198,021 
MarketAxess Holdings    492    254,216 
Marsh & McLennan    6,906    805,239 
MetLife    10,662    403,557 
Moody's    2,316    651,491 
Morgan Stanley    16,226    793,127 
MSCI, Cl A    1,143    429,745 
Nasdaq    1,599    209,965 
Northern Trust    3,000    235,050 
People's United Financial    5,120    55,245 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
PNC Financial Services Group    6,154   $656,447 
Principal Financial Group    3,672    155,803 
Progressive    8,158    736,994 
Prudential Financial    5,556    352,084 
Raymond James Financial    1,741    120,965 
Regions Financial    13,655    148,293 
S&P Global    3,371    1,180,692 
State Street    5,108    325,839 
SVB Financial Group *    746    167,305 
Synchrony Financial    8,629    190,960 
T Rowe Price Group    3,198    441,644 
Travelers    3,654    418,091 
Truist Financial    18,533    694,246 
Unum Group    3,061    52,741 
US Bancorp    18,154    668,793 
Wells Fargo    52,889    1,283,087 
Willis Towers Watson    1,818    381,798 
WR Berkley    1,651    101,949 
Zions Bancorp    2,664    86,500 
         37,368,156 
Health Care — 14.3%
AbbVie    55,286    5,247,193 
ABIOMED *    1,318    395,321 
Alexion Pharmaceuticals *    6,634    679,919 
Align Technology *    2,153    632,594 
AmerisourceBergen, Cl A    4,619    462,778 
Anthem    7,798    2,135,092 
Baxter International    15,926    1,375,688 
Biogen Idec *    5,065    1,391,305 
Boston Scientific *    44,469    1,715,169 
Cardinal Health    8,784    479,782 
Cerner    9,540    662,553 
Cigna    11,493    1,984,726 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
CVS Health    41,015   $2,581,485 
DaVita *    2,997    261,908 
DENTSPLY SIRONA    6,571    293,067 
DexCom *    2,863    1,246,951 
Edwards Lifesciences *    19,271    1,511,039 
Eli Lilly    26,398    3,967,356 
Gilead Sciences    39,176    2,723,907 
Henry Schein *    4,437    304,955 
Hologic *    7,869    549,099 
Humana    4,214    1,653,784 
IDEXX Laboratories *    2,567    1,021,024 
Incyte *    5,964    589,005 
Intuitive Surgical *    3,642    2,496,372 
IQVIA Holdings *    5,389    853,564 
Laboratory Corp of America Holdings *    2,996    577,988 
McKesson    4,969    746,145 
Medtronic    42,020    4,054,089 
Mettler-Toledo International *    731    683,485 
Quest Diagnostics    3,942    500,910 
Regeneron Pharmaceuticals *    3,142    1,985,964 
ResMed    4,541    919,598 
STERIS    2,550    407,057 
Stryker    9,915    1,916,570 
Teleflex    1,367    510,028 
Varian Medical Systems *    2,674    381,633 
Waters *    2,074    442,073 
Zimmer Biomet Holdings    6,733    908,012 
Zoetis, Cl A    14,799    2,244,712 
         53,493,900 
Industrials — 8.1%
3M    11,207    1,686,317 
Alaska Air Group *    2,621    90,267 
Allegion    2,035    202,401 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
American Airlines Group *    8,211   $91,306 
AMETEK    4,867    453,848 
AO Smith    2,963    142,639 
Carrier Global    15,152    412,740 
Caterpillar    10,509    1,396,436 
CH Robinson Worldwide    2,730    255,856 
Cintas    1,535    463,370 
Copart *    4,263    397,525 
CSX    14,801    1,055,903 
Cummins    2,799    540,935 
Deere    6,039    1,064,736 
Delta Air Lines *    10,038    250,649 
Dover    2,902    298,703 
Eaton    7,661    713,468 
Emerson Electric    11,459    710,573 
Equifax    2,558    415,828 
Expeditors International of Washington    3,442    290,883 
Fastenal    10,834    509,631 
FedEx    4,594    773,630 
Flowserve    2,779    77,451 
Fortive    5,353    375,727 
Fortune Brands Home & Security    3,114    238,221 
Howmet Aerospace *    8,783    129,813 
IDEX    1,571    258,932 
IHS Markit    7,399    597,321 
Illinois Tool Works    5,548    1,026,325 
Ingersoll Rand *    6,172    194,973 
JB Hunt Transport Services    1,848    239,131 
Johnson Controls International    14,108    542,876 
Kansas City Southern    2,096    360,198 
Masco    4,555    260,364 
Nielsen Holdings    7,314    105,541 
Norfolk Southern    4,937    948,941 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Old Dominion Freight Line    1,745   $319,021 
Otis Worldwide    7,691    482,533 
PACCAR    6,355    540,683 
Parker-Hannifin    2,344    419,388 
Pentair    3,488    149,461 
Quanta Services    3,165    126,505 
Republic Services, Cl A    4,345    379,101 
Robert Half International    2,664    135,518 
Rockwell Automation    2,418    527,463 
Rollins    2,963    155,261 
Roper Technologies    2,009    868,792 
Snap-On    1,176    171,543 
Southwest Airlines *    10,331    319,125 
Stanley Black & Decker    2,797    428,836 
Trane Technologies    4,338    485,292 
TransDigm Group *    948    409,138 
Union Pacific    13,251    2,297,061 
United Airlines Holdings *    4,692    147,235 
United Parcel Service, Cl B    13,688    1,954,099 
United Rentals *    1,207    187,532 
Verisk Analytics, Cl A    3,369    635,764 
Waste Management    7,466    818,274 
Westinghouse Air Brake Technologies    3,762    233,959 
WW Grainger    913    311,817 
Xylem    3,825    279,149 
         30,356,008 
Information Technology — 27.5%
Accenture, Cl A    8,775    1,972,445 
Adobe *    6,690    2,972,501 
Advanced Micro Devices *    16,753    1,297,185 
Akamai Technologies *    2,329    261,873 
Amphenol, Cl A    4,069    430,337 
Analog Devices    5,164    593,085 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
ANSYS *    1,157   $359,364 
Apple    56,482    24,007,109 
Applied Materials    12,948    832,945 
Arista Networks *    752    195,347 
Autodesk *    3,091    730,805 
Automatic Data Processing    5,982    795,068 
Broadcom    5,455    1,727,871 
Broadridge Financial Solutions    1,677    225,288 
Cadence Design Systems *    3,900    426,075 
CDW    2,006    233,198 
Cisco Systems    59,355    2,795,620 
Citrix Systems    1,751    249,973 
Cognizant Technology Solutions, Cl A    7,808    533,443 
DXC Technology *    3,621    64,852 
F5 Networks *    878    119,320 
Fidelity National Information Services    8,690    1,271,434 
Fiserv *    7,681    766,487 
FleetCor Technologies *    1,176    304,078 
FLIR Systems    1,930    80,404 
Fortinet *    2,073    286,696 
Gartner *    1,304    162,531 
Global Payments    4,151    738,961 
Hewlett Packard Enterprise    18,572    183,306 
HP    20,828    366,156 
Intel    58,877    2,810,199 
International Business Machines    12,252    1,506,261 
Intuit    3,575    1,095,273 
IPG Photonics *    549    98,276 
Jack Henry & Associates    1,123    200,231 
Juniper Networks    5,007    127,078 
Keysight Technologies *    2,672    266,906 
KLA    2,239    447,419 
Lam Research    2,069    780,344 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Leidos Holdings    1,678   $159,678 
Mastercard, Cl A    12,168    3,754,193 
Maxim Integrated Products *    3,701    252,001 
Microchip Technology    3,335    339,270 
Micron Technology *    15,351    768,394 
Microsoft    105,136    21,553,931 
Motorola Solutions    2,331    325,874 
NetApp    3,311    146,677 
NortonLifeLock    8,601    184,491 
NVIDIA    8,628    3,663,364 
Oracle    28,745    1,593,910 
Paychex    4,519    325,006 
Paycom Software *    618    175,741 
PayPal Holdings *    16,129    3,162,413 
Qorvo *    1,737    222,597 
QUALCOMM    15,958    1,685,324 
salesforce.com *    12,529    2,441,276 
Seagate Technology    3,399    153,703 
ServiceNow *    2,617    1,149,386 
Skyworks Solutions    2,505    364,678 
Synopsys *    2,106    419,557 
TE Connectivity    4,625    411,949 
Texas Instruments    12,895    1,644,757 
VeriSign *    1,445    305,878 
Visa, Cl A    23,490    4,472,495 
Western Digital *    4,145    178,650 
Western Union    6,414    155,732 
Xerox Holdings    2,888    48,085 
Xilinx    3,572    383,454 
Zebra Technologies, Cl A *    671    188,383 
         102,946,591 
Materials — 2.1%
Air Products & Chemicals    2,985    855,590 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Albemarle    1,542   $127,153 
Amcor    21,077    217,093 
Avery Dennison    1,161    131,588 
Ball    4,614    339,729 
Celanese, Cl A    1,704    165,629 
CF Industries Holdings    3,188    99,880 
Corteva    10,259    292,997 
Dow    10,244    420,619 
DuPont de Nemours    10,247    548,010 
Eastman Chemical    1,939    144,708 
Ecolab    3,459    647,110 
FMC    1,878    199,162 
Freeport-McMoRan Copper & Gold *    20,782    268,503 
International Flavors & Fragrances    1,435    180,738 
International Paper    5,519    192,006 
LyondellBasell Industries, Cl A    3,408    213,068 
Martin Marietta Materials    918    190,191 
Mosaic    4,930    66,407 
Newmont    11,367    786,597 
Nucor    4,256    178,539 
Packaging Corp of America    1,304    125,340 
PPG Industries    3,212    345,772 
Sealed Air    2,064    73,644 
Sherwin-Williams    1,109    718,543 
Vulcan Materials    1,827    214,527 
Westrock    3,572    95,944 
         7,839,087 
Real Estate — 2.8%
Alexandria Real Estate Equities ‡    1,597    283,547 
American Tower, Cl A ‡    6,019    1,573,307 
Apartment Investment & Management, Cl A ‡    2,027    78,688 
AvalonBay Communities ‡    1,928    295,215 
Boston Properties ‡    2,123    189,138 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
CBRE Group, Cl A *    4,338   $190,048 
Crown Castle International ‡    5,761    960,360 
Digital Realty Trust ‡    3,641    584,526 
Duke Realty ‡    4,901    196,971 
Equinix ‡    1,163    913,513 
Equity Residential ‡    5,076    272,226 
Essex Property Trust ‡    946    208,820 
Extra Space Storage ‡    1,773    183,222 
Federal Realty Investment Trust ‡    968    73,858 
Healthpeak Properties ‡    6,673    182,106 
Host Hotels & Resorts ‡ *    10,260    110,603 
Iron Mountain ‡    3,748    105,656 
Kimco Realty ‡ *    5,892    65,696 
Mid-America Apartment Communities ‡    1,523    181,526 
ProLogis ‡    10,195    1,074,758 
Public Storage ‡    2,090    417,749 
Realty Income ‡    4,739    284,577 
Regency Centers ‡    2,182    89,527 
SBA Communications, Cl A ‡    1,569    488,806 
Simon Property Group ‡    4,223    263,304 
SL Green Realty ‡    1,250    58,125 
UDR ‡    3,832    138,718 
Ventas ‡    5,021    192,606 
Vornado Realty Trust ‡    2,387    82,399 
Welltower ‡    5,838    312,683 
Weyerhaeuser ‡ *    10,458    290,837 
         10,343,115 
Utilities — 3.1%
AES    9,213    140,314 
Alliant Energy    3,253    175,174 
Ameren    3,398    272,656 
American Electric Power    6,888    598,429 
American Water Works    2,497    367,733 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — continued
Atmos Energy    1,593   $168,842 
CenterPoint Energy    6,808    129,420 
CMS Energy    3,959    254,089 
Consolidated Edison    4,398    337,898 
Dominion Energy    11,159    904,213 
DTE Energy    2,550    294,857 
Duke Energy    9,979    845,621 
Edison International    4,667    259,812 
Entergy    2,597    273,023 
Evergy    3,370    218,477 
Eversource Energy    4,425    398,560 
Exelon    13,238    511,119 
FirstEnergy    7,066    204,914 
NextEra Energy    6,843    1,920,831 
NiSource    4,895    119,683 
NRG Energy    3,708    125,367 
Pinnacle West Capital    1,544    128,276 
PPL    9,907    263,724 
Public Service Enterprise Group    7,083    396,223 
Sempra Energy    3,759    467,844 
Southern    14,171    773,878 
WEC Energy Group    4,383    417,525 
Xcel Energy    7,200    497,088 
         11,465,590 
TOTAL UNITED STATES         371,905,160 
TOTAL COMMON STOCK          
(Cost $313,525,368)         373,701,563 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

   Number of Warrants   Value 
WARRANT — 0.0%
United States — 0.0%
Occidental Petroleum*(A)(B)(C)          
Expires 07/06/27    1,529   $— 
           
TOTAL WARRANT (Cost $ –)          — 
TOTAL INVESTMENTS — 99.9%          
(Cost $313,525,368)        $373,701,563 

 

Percentages are based on Net Assets of $374,133,120.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) Level 3 security in accordance with fair value hierarchy.
(B) Security considered illiquid. The total value of such securities as of July 31, 2020 was $0 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 July 31, 2020, was $0 and represents 0.0% of Net Assets.

 

Cl — Class
S&P — Standard & Poor's

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

                     
Investments in Securities   Level 1    Level 2    Level 3(1)    Total   
Common Stock  $373,701,563   $—   $—   $373,701,563 
Warrant   —    —    —    — 
Total Investments in Securities  $373,701,563   $—   $—   $373,701,563 

 

(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 period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P 500® Catholic Values ETF

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — 99.3%
AUSTRALIA— 9.7%          
Communication Services — 0.1%
Telstra    946   $2,273 
Consumer Discretionary — 0.4%
Aristocrat Leisure    142    2,666 
Wesfarmers    254    8,479 
         11,145 
Consumer Staples — 0.9%
Coles Group    502    6,541 
Treasury Wine Estates    302    2,339 
Woolworths Group    528    14,646 
         23,526 
Energy — 0.2%
Origin Energy    390    1,502 
Santos    392    1,482 
Woodside Petroleum    212    3,042 
         6,026 
Financials — 2.1%
ASX    42    2,489 
Australia & New Zealand Banking Group    628    8,089 
Commonwealth Bank of Australia    392    20,016 
Insurance Australia Group    512    1,869 
Macquarie Group    72    6,376 
National Australia Bank    706    8,941 
QBE Insurance Group    324    2,303 
Suncorp Group    278    1,705 
         51,788 
Health Care — 2.3%
CSL    302    58,498 
Industrials — 0.8%
Brambles    362    2,799 
Sydney Airport    264    990 
Transurban Group    652    6,457 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Westpac Banking    798   $9,780 
         20,026 
Materials — 2.5%
BHP Group    478    10,383 
BHP Group    666    17,553 
Fortescue Metals Group    382    4,769 
Glencore *    2,472    5,666 
Newcrest Mining    182    4,592 
Rio Tinto    84    6,145 
Rio Tinto    222    13,447 
South32    1,096    1,619 
         64,174 
Real Estate — 0.3%
Dexus ‡    242    1,477 
Goodman Group ‡    360    4,371 
Scentre Group ‡    1,148    1,680 
         7,528 
Utilities — 0.1%
AGL Energy    138    1,645 
TOTAL AUSTRALIA         246,629 
AUSTRIA— 0.1%          
Energy — 0.0%
OMV    32    1,011 
Financials — 0.1%
BAWAG Group    16    586 
Erste Group Bank    66    1,475 
Raiffeisen Bank International    30    516 
Vienna Insurance Group Wiener Versicherung Gruppe    8    178 
         2,755 
Industrials — 0.0%
ANDRITZ    18    606 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Immobilien Anlagen    16   $503 
         1,109 
Information Technology — 0.0%
AMS *    62    1,033 
Materials — 0.0%
voestalpine    26    576 
Real Estate — 0.0%
Verbund    16    843 
Telecommunications — 0.0%
Telekom Austria, Cl A    32    241 
TOTAL AUSTRIA         7,568 
BELGIUM— 1.6%          
Consumer Goods — 0.8%
Anheuser-Busch InBev    354    19,306 
Financials — 0.3%
Ageas    40    1,506 
Groupe Bruxelles Lambert    18    1,569 
KBC Group    76    4,343 
         7,418 
Health Care — 0.4%
UCB    84    10,812 
Materials — 0.1%
Solvay    16    1,250 
TOTAL BELGIUM         38,786 
CHINA— 0.6%          
Consumer Discretionary — 0.4%
Prosus *    94    9,126 
Consumer Staples — 0.1%
Budweiser Brewing APAC    600    2,176 
Financials — 0.1%
BOC Hong Kong Holdings    800    2,230 
TOTAL CHINA         13,532 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
DENMARK— 2.2%          
Consumer Staples — 0.2%
Carlsberg, Cl B    42   $6,188 
Health Care — 1.1%
Coloplast, Cl B    78    13,325 
Genmab *    44    15,082 
         28,407 
Industrials — 0.6%
A P Moller - Maersk, Cl B    2    2,565 
DSV PANALPINA    48    6,607 
Vestas Wind Systems    48    6,187 
         15,359 
Materials — 0.1%
Novozymes, Cl B    48    2,876 
Utilities — 0.2%
Orsted    36    5,150 
TOTAL DENMARK         57,980 
FINLAND— 1.4%          
Energy — 0.2%
Neste    96    4,414 
Financials — 0.4%
Nordea Bank Abp    714    5,529 
Sampo, Cl A    110    3,989 
         9,518 
Industrials — 0.3%
Kone, Cl B    96    7,633 
Information Technology — 0.2%
Nokia *    1,280    6,145 
Materials — 0.2%
Stora Enso, Cl R    138    1,739 
UPM-Kymmene    120    3,211 
         4,950 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — 0.1%
Fortum    96   $1,955 
TOTAL FINLAND         34,615 
FRANCE— 9.1%          
Communication Services — 0.4%
Adevinta, Cl B *    52    841 
Orange    434    5,087 
Vivendi    182    4,821 
         10,749 
Consumer Discretionary — 2.0%
Christian Dior    2    815 
EssilorLuxottica *    66    8,757 
Hermes International    8    6,491 
Kering    16    9,115 
LVMH Moet Hennessy Louis Vuitton    60    26,021 
         51,199 
Consumer Staples — 2.7%
Danone    270    18,052 
L'Oreal    102    34,134 
Pernod Ricard    92    15,883 
         68,069 
Energy — 0.8%
Total    546    20,209 
Financials — 1.0%
AXA    430    8,575 
BNP Paribas *    254    10,247 
Credit Agricole *    280    2,691 
Societe Generale *    176    2,702 
         24,215 
Industrials — 1.0%
Schneider Electric    132    15,334 
Vinci    122    10,502 
         25,836 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — 0.2%
Dassault Systemes    32   $5,831 
Materials — 0.7%
Air Liquide    106    17,498 
Utilities — 0.3%
Electricite de France    102    1,031 
Engie *    410    5,474 
         6,505 
TOTAL FRANCE         230,111 
GERMANY— 8.0%          
Communication Services — 0.5%
Deutsche Telekom    736    12,328 
Consumer Discretionary — 1.1%
adidas *    42    11,617 
Bayerische Motoren Werke    72    4,657 
Continental    24    2,343 
Daimler    198    8,757 
         27,374 
Consumer Goods — 0.1%
Volkswagen    8    1,255 
Consumer Staples — 0.1%
Henkel & KGaA    42    3,658 
Financials — 1.4%
Allianz    92    19,171 
Deutsche Boerse    42    7,678 
Muenchener Rueckversicherungs-Gesellschaft in Muenchen    30    7,975 
         34,824 
Health Care — 0.7%
Fresenius Medical Care & KGaA    140    12,353 
Siemens Healthineers    100    5,198 
         17,551 
Industrials — 1.3%
Deutsche Post    232    9,399 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Siemens    192   $24,593 
         33,992 
Information Technology — 1.8%
Infineon Technologies    296    7,396 
SAP    246    38,916 
         46,312 
Materials — 0.5%
BASF    208    11,513 
Real Estate — 0.3%
Vonovia    120    7,830 
Utilities — 0.2%
E.ON    484    5,686 
TOTAL GERMANY         202,323 
HONG KONG— 2.8%          
Financials — 1.6%
AIA Group    2,600    23,500 
Hang Seng Bank    200    3,146 
Hong Kong Exchanges & Clearing    264    12,610 
         39,256 
Industrials — 0.2%
Jardine Matheson Holdings    74    3,028 
Jardine Strategic Holdings    42    848 
MTR    400    1,987 
         5,863 
Real Estate — 0.6%
CK Asset Holdings    600    3,333 
Henderson Land Development    400    1,499 
Link REIT ‡    400    3,104 
Sun Hung Kai Properties    400    4,898 
Swire Pacific, Cl A    200    990 
Swire Pacific, Cl B    200    177 
Swire Properties    200    462 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Wharf Real Estate Investment    400   $1,414 
         15,877 
Utilities — 0.4%
CK Infrastructure Holdings    200    1,042 
CLP Holdings    400    3,788 
Hong Kong & China Gas    2,200    3,157 
Power Assets Holdings    400    2,227 
         10,214 
TOTAL HONG KONG         71,210 
IRELAND— 1.1%          
Consumer Services — 0.1%
Ryanair Holdings *    130    1,619 
Consumer Staples — 0.3%
Kerry Group, Cl A    64    8,476 
Financials — 0.0%
AIB Group *    174    217 
Health Care — 0.3%
ICON *    34    6,306 
Industrials — 0.1%
Kingspan Group    36    2,586 
Materials — 0.3%
CRH    178    6,474 
TOTAL IRELAND         25,678 
ISRAEL— 0.6%          
Financials — 0.2%
Bank Hapoalim    248    1,476 
Bank Leumi Le-Israel    324    1,623 
Israel Discount Bank, Cl A    258    783 
Mizrahi Tefahot Bank    30    619 
         4,501 
Information Technology — 0.4%
Check Point Software Technologies *    26    3,259 
Nice *    14    2,848 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued          
Wix.com *    10   $2,905 
         9,012 
Materials — 0.0%          
Israel Chemicals    156    490 
Real Estate — 0.0%          
Azrieli Group    8    383 
TOTAL ISRAEL         14,386 
ITALY— 2.1%          
Communication Services — 0.1%          
Telecom Italia    2,454    989 
Telecom Italia    1,370    549 
         1,538 
Consumer Discretionary — 0.2%          
Ferrari    28    5,011 
Energy — 0.2%          
Eni    562    5,012 
Financials — 0.5%          
Intesa Sanpaolo *    3,484    7,033 
Poste Italiane    102    935 
UniCredit *    468    4,273 
         12,241 
Industrials — 0.1%          
Atlantia *    112    1,782 
Information Technology — 0.2%          
Assicurazioni Generali    272    4,072 
Utilities — 0.8%          
Enel    1,706    15,592 
Snam    480    2,554 
Terna Rete Elettrica Nazionale    310    2,312 
         20,458 
TOTAL ITALY         50,114 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
JAPAN— 33.6%          
Basic Materials — 0.7%
Kansai Paint *    58   $1,114 
Nippon Paint Holdings *    44    2,988 
Nitto Denko    36    2,026 
Shin-Etsu Chemical    86    9,984 
Taiyo Nippon Sanso    48    753 
         16,865 
Communication Services — 2.9%
Dentsu Group    56    1,243 
KDDI    356    10,973 
Konami Holdings *    24    730 
LINE *    12    634 
Nexon    104    2,685 
Nintendo    26    11,420 
Nippon Telegraph & Telephone    292    6,748 
NTT DOCOMO    200    5,500 
Softbank    400    5,352 
SoftBank Group *    376    23,453 
Toho    32    949 
Yahoo Japan *    600    3,161 
         72,848 
Consumer Discretionary — 4.2%
Aisin Seiki *    40    1,143 
Bandai Namco Holdings    50    2,753 
Bridgestone    138    4,038 
Denso    116    4,244 
Honda Motor *    400    9,549 
Isuzu Motors *    200    1,626 
Koito Manufacturing    28    1,092 
Mazda Motor *    200    1,118 
Mitsubishi Motors *    200    390 
Nissan Motor *    600    2,049 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Nitori Holdings    18   $3,944 
Oriental Land *    50    5,992 
Pan Pacific International Holdings    134    3,046 
Panasonic    600    5,107 
Rakuten *    200    1,825 
Sekisui Chemical    102    1,381 
Sekisui House    200    3,628 
Shimano    20    4,351 
Subaru *    142    2,679 
Sumitomo Electric Industries    200    2,206 
Suzuki Motor *    104    3,415 
Toyota Industries    46    2,323 
Toyota Motor    600    35,280 
Yamaha *    38    1,743 
Yamaha Motor *    70    1,016 
         105,938 
Consumer Goods — 0.9%
Pola Orbis Holdings    36    594 
Sharp    46    448 
Sony    282    21,540 
         22,582 
Consumer Services — 0.4%
Fast Retailing    14    7,422 
Japan Airlines *    26    421 
Seibu Holdings *    66    588 
Start Today    44    1,190 
         9,621 
Consumer Staples — 3.6%
Aeon    400    9,420 
Ajinomoto    200    3,601 
Asahi Group Holdings    200    6,515 
FamilyMart *    106    2,364 
Kao    200    14,444 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Kikkoman *    82   $3,812 
Kirin Holdings    400    7,695 
Kose *    14    1,404 
MEIJI Holdings    60    4,687 
Nissin Foods Holdings    36    3,228 
Seven & i Holdings    334    10,128 
Shiseido *    168    9,295 
Suntory Beverage & Food    54    2,030 
Unicharm    200    9,000 
Yakult Honsha    68    3,865 
         91,488 
Energy — 0.2%
Idemitsu Kosan *    54    1,113 
Inpex    200    1,133 
JXTG Holdings    800    2,778 
         5,024 
Financials — 2.5%
Acom *    200    702 
Dai-ichi Life Holdings    200    2,327 
Daiwa Securities Group    400    1,755 
Hulic    200    1,714 
Japan Exchange Group    118    2,790 
Japan Post Bank *    90    669 
Japan Post Holdings *    400    2,714 
Japan Post Insurance    6    79 
Mitsubishi UFJ Financial Group    2,800    10,413 
Mitsui Fudosan    200    3,117 
Mizuho Financial Group    5,600    6,758 
MS&AD Insurance Group Holdings    108    2,693 
Nomura Holdings    800    3,705 
ORIX    200    2,149 
Resona Holdings    400    1,301 
Sompo Holdings    82    2,680 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Sumitomo Mitsui Financial Group    304   $8,051 
Sumitomo Mitsui Trust Holdings    82    2,102 
T&D Holdings    200    1,632 
Tokio Marine Holdings    156    6,545 
         63,896 
Health Care — 7.7%
Chugai Pharmaceutical    426    19,082 
Eisai    200    16,054 
Hoya    250    24,638 
Kyowa Kirin    200    4,918 
M3 *    284    14,451 
Olympus *    800    14,251 
Ono Pharmaceutical    334    9,362 
Otsuka Holdings    370    15,293 
Shionogi    200    11,839 
Sumitomo Dainippon Pharma    114    1,419 
Sysmex *    110    8,459 
Taisho Pharmaceutical Holdings    36    2,033 
Takeda Pharmaceutical    1,000    35,524 
Terumo    464    17,445 
         194,768 
Industrials — 6.5%
AGC    54    1,511 
ANA Holdings *    28    575 
Central Japan Railway *    50    6,008 
Dai Nippon Printing *    72    1,562 
Daikin Industries *    70    12,215 
East Japan Railway *    90    5,168 
FANUC    46    7,703 
Hankyu Hanshin Holdings *    60    1,711 
ITOCHU    400    8,701 
Kajima    200    2,187 
Keio *    30    1,487 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Kintetsu Group Holdings *    46   $1,784 
Komatsu    200    3,908 
Kubota    200    2,844 
Makita    66    2,519 
Marubeni    400    1,835 
Minebea    102    1,661 
MISUMI Group    68    1,604 
Mitsubishi    400    8,019 
Mitsubishi Electric    512    6,637 
Mitsubishi Heavy Industries    80    1,851 
Mitsui    400    5,955 
Murata Manufacturing    146    9,126 
Nidec    130    10,297 
Obayashi *    200    1,774 
Odakyu Electric Railway *    80    1,661 
Recruit Holdings *    400    12,363 
Secom    52    4,466 
SG Holdings    58    2,123 
Shimizu    200    1,430 
SMC    16    8,334 
Sumitomo    200    2,213 
Taisei    54    1,849 
TDK    30    3,314 
Tobu Railway    50    1,393 
Tokyu    200    2,217 
Toppan Printing *    84    1,258 
Toshiba    102    3,087 
TOTO *    38    1,420 
Toyota Tsusho    56    1,408 
West Japan Railway *    46    1,970 
Yamato Holdings    98    2,498 
Yaskawa Electric    64    2,110 
         163,756 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — 2.7%
Advantest    46   $2,480 
Canon    200    3,170 
Fujitsu    44    5,876 
Hitachi    200    5,917 
Keyence    42    17,566 
Kyocera    80    4,422 
NEC    60    3,342 
Nomura Research Institute    88    2,311 
NTT Data    200    2,253 
Obic    16    2,862 
Omron    46    3,276 
Renesas Electronics *    200    1,093 
Rohm    22    1,388 
Shimadzu    62    1,560 
Tokyo Electron    36    9,806 
Trend Micro *    28    1,629 
         68,951 
Materials — 0.4%
Asahi Kasei    400    2,845 
JFE Holdings *    200    1,294 
Nippon Steel *    200    1,622 
Sumitomo Metal Mining *    62    1,838 
Toray Industries    400    1,718 
         9,317 
Real Estate — 0.6%
Daito Trust Construction    16    1,252 
Daiwa House Industry    200    4,411 
Mitsubishi Estate    308    4,425 
Nomura Real Estate Master Fund ‡    2    2,474 
Sumitomo Realty & Development    106    2,696 
         15,258 
Technology — 0.0%
Oracle Japan *    8    959 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Telecommunications — 0.0%
Hikari Tsushin    4   $863 
Utilities — 0.3%
Chubu Electric Power    200    2,373 
Kansai Electric Power *    200    1,894 
Osaka Gas    92    1,692 
Tokyo Electric Power Holdings *    200    530 
Tokyo Gas    86    1,814 
         8,303 
TOTAL JAPAN         850,437 
LUXEMBOURG— 0.1%          
Communication Services — 0.0%
RTL Group *    8    265 
Consumer Services — 0.0%
SES, Cl A    88    624 
Materials — 0.1%
ArcelorMittal *    162    1,789 
TOTAL LUXEMBOURG         2,678 
MACAO— 0.3%          
Consumer Discretionary — 0.3%
Galaxy Entertainment Group *    600    4,088 
Sands China    600    2,322 
TOTAL MACAO         6,410 
NETHERLANDS— 5.2%          
Consumer Goods — 0.1%
Heineken Holding    42    3,643 
Consumer Staples — 0.9%
Heineken    98    9,530 
Koninklijke Ahold Delhaize    460    13,311 
         22,841 
Energy — 0.5%
Royal Dutch Shell, Cl A    906    13,337 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — 0.3%
EXOR    22   $1,240 
ING Groep *    862    6,010 
         7,250 
Health Care — 1.3%
Koninklijke Philips *    608    31,555 
Information Technology — 1.6%
ASML Holding    96    34,022 
NXP Semiconductors    64    7,522 
         41,544 
Oil & Gas — 0.5%
Royal Dutch Shell, Cl B    820    11,632 
TOTAL NETHERLANDS         131,802 
NEW ZEALAND— 0.9%          
Communication Services — 0.1%
Spark New Zealand    418    1,373 
Health Care — 0.6%
a2 Milk *    310    4,304 
Fisher & Paykel Healthcare    382    9,161 
Ryman Healthcare    276    2,445 
         15,910 
Industrials — 0.0%
Auckland International Airport    284    1,207 
Information Technology — 0.1%
Xero *    24    1,548 
Materials — 0.0%
Fletcher Building    186    419 
Utilities — 0.1%
Contact Energy    158    615 
Mercury NZ    138    429 
Meridian Energy    278    900 
         1,944 
TOTAL NEW ZEALAND         22,401 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
NORWAY— 0.9%          
Communication Services — 0.1%
Schibsted, Cl B *    24   $791 
Telenor    148    2,296 
         3,087 
Consumer Services — 0.0%
Schibsted, Cl A *    18    656 
Consumer Staples — 0.3%
Leroy Seafood Group    118    686 
Mowi *    188    3,392 
Orkla    340    3,352 
Salmar *    22    1,046 
         8,476 
Energy — 0.2%
Aker BP    24    449 
Equinor    244    3,609 
         4,058 
Financials — 0.2%
Aker, Cl A    6    253 
DnB    200    3,052 
Gjensidige Forsikring *    42    862 
         4,167 
Materials — 0.1%
Norsk Hydro *    308    862 
Yara International    40    1,676 
         2,538 
TOTAL NORWAY         22,982 
PORTUGAL— 0.3%          
Consumer Staples — 0.1%
Jeronimo Martins    102    1,724 
Energy — 0.1%
Galp Energia    100    1,053 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — 0.1%
Energias de Portugal    566   $2,868 
TOTAL PORTUGAL         5,645 
SINGAPORE— 1.1%          
Communication Services — 0.1%
Singapore Telecommunications    1,800    3,255 
Consumer Discretionary — 0.0%
Genting Singapore    1,200    643 
Jardine Cycle & Carriage    22    321 
         964 
Financials — 0.7%
City Developments    200    1,193 
DBS Group Holdings    400    5,767 
Oversea-Chinese Banking    800    4,994 
Singapore Exchange    200    1,192 
United Overseas Bank    310    4,383 
         17,529 
Industrials — 0.1%
Keppel    400    1,575 
Singapore Airlines    400    998 
Singapore Technologies Engineering    400    954 
         3,527 
Real Estate — 0.2%
Ascendas Real Estate Investment Trust ‡    600    1,549 
CapitaLand    600    1,208 
CapitaLand Mall Trust ‡    600    827 
         3,584 
TOTAL SINGAPORE         28,859 
SOUTH AFRICA— 0.3%          
Materials — 0.3%
Anglo American    308    7,560 
SPAIN— 2.2%          
Communication Services — 0.2%
Telefonica    1,038    4,355 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — 0.3%
Industria de Diseno Textil    236   $6,285 
Energy — 0.1%
Repsol    318    2,474 
Financials — 0.5%
Banco Bilbao Vizcaya Argentaria *    1,474    4,596 
Banco Santander *    3,674    7,857 
         12,453 
Industrials — 0.1%
Aena SME *    18    2,348 
Information Technology — 0.2%
Amadeus IT Group, Cl A    102    5,109 
Utilities — 0.8%
Endesa    70    1,990 
Iberdrola    1,342    17,329 
Naturgy Energy Group    74    1,377 
         20,696 
TOTAL SPAIN         53,720 
SWEDEN— 3.5%          
Communication Services — 0.2%
Tele2, Cl B    114    1,617 
Telia    576    2,245 
         3,862 
Consumer Discretionary — 0.0%
Electrolux *    56    1,051 
Consumer Staples — 0.6%
Essity, Cl B *    254    8,381 
ICA Gruppen    38    1,872 
Swedish Match    68    5,234 
         15,487 
Energy — 0.0%
Lundin Energy    42    972 
Financials — 0.8%
Industrivarden, Cl A *    36    890 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Industrivarden, Cl C *    36   $885 
Investor, Cl B *    100    5,908 
Kinnevik *    54    1,894 
L E Lundbergforetagen, Cl B *    14    656 
Skandinaviska Enskilda Banken, Cl A *    356    3,446 
Skandinaviska Enskilda Banken, Cl C *    4    40 
Svenska Handelsbanken, Cl A *    336    3,181 
Svenska Handelsbanken, Cl B *    8    84 
Swedbank, Cl A *    206    3,345 
         20,329 
Industrials — 1.4%
Alfa Laval *    72    1,705 
Assa Abloy, Cl B    236    5,172 
Atlas Copco, Cl A    154    6,814 
Atlas Copco, Cl B    94    3,634 
Epiroc, Cl A    150    2,098 
Epiroc, Cl B    94    1,281 
Investment Latour, Cl B    30    615 
Sandvik *    264    4,909 
Skanska, Cl B *    86    1,736 
SKF, Cl B    90    1,662 
Volvo, Cl B *    392    6,765 
         36,391 
Information Technology — 0.4%
Hexagon, Cl B *    64    4,163 
Telefonaktiebolaget LM Ericsson, Cl B    594    6,848 
         11,011 
Materials — 0.1%
Boliden    62    1,687 
Svenska Cellulosa, Cl B *    136    1,646 
         3,333 
TOTAL SWEDEN         92,436 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
SWITZERLAND— 3.1%          
Consumer Discretionary — 0.3%
Cie Financiere Richemont    116   $7,204 
Financials — 1.3%
Credit Suisse Group    536    5,724 
Swiss Re    64    5,048 
UBS Group    848    9,970 
Zurich Insurance Group    34    12,565 
         33,307 
Health Care — 0.8%
Alcon *    324    19,589 
Industrials — 0.5%
ABB    460    11,514 
Information Technology — 0.2%
STMicroelectronics    148    4,167 
TOTAL SWITZERLAND         75,781 
UNITED KINGDOM— 8.1%          
Communication Services — 0.5%
BT Group, Cl A    1,994    2,580 
Vodafone Group    6,092    9,240 
         11,820 
Consumer Discretionary — 0.3%
Compass Group *    398    5,488 
Fiat Chrysler Automobiles *    246    2,507 
         7,995 
Consumer Services — 0.1%
WPP    276    2,058 
Consumer Staples — 2.0%
Coca-Cola European Partners    88    3,623 
Diageo    980    36,028 
Tesco    4,064    11,580 
         51,231 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 0.6%
BP    4,474   $16,157 
Financials — 2.3%
Aviva    870    3,011 
Barclays *    3,604    4,757 
HSBC Holdings *    4,564    20,499 
Legal & General Group    1,306    3,668 
Lloyds Banking Group *    15,516    5,353 
London Stock Exchange Group    70    7,795 
Prudential    572    8,300 
Royal Bank of Scotland Group *    1,016    1,414 
Standard Chartered *    586    2,967 
         57,764 
Health Care — 0.5%
Smith & Nephew    592    11,791 
Industrials — 1.2%
CK Hutchison Holdings    600    3,914 
CNH Industrial *    236    1,614 
DCC    24    2,152 
Experian    218    7,660 
Ferguson    56    4,992 
RELX    472    10,005 
         30,337 
Utilities — 0.6%
National Grid    830    9,809 
SSE    232    3,961 
         13,770 
TOTAL UNITED KINGDOM         202,923 
UNITED STATES— 0.4%          
Communication Services — 0.2%
Spotify Technology *    22    5,672 
Energy — 0.0%
Tenaris    104    607 

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — 0.2%
Atlassian, Cl A *    28   $4,946 
CyberArk Software *    8    943 
         5,889 
TOTAL UNITED STATES         12,168 
TOTAL COMMON STOCK          
(Cost $2,491,015)         2,508,734 
 
PREFERRED STOCK — 0.5%
GERMANY— 0.5%          
Consumer Discretionary — 0.2%          
Bayerische Motoren Werke(A)    12    618 
Volkswagen(A)    40    5,913 
         6,531 
Consumer Staples — 0.3%          
Henkel & KGaA(A)    74    7,298 
TOTAL GERMANY         13,829 
TOTAL PREFERRED STOCK          
(Cost $13,290)         13,829 
TOTAL INVESTMENTS — 99.8%          
(Cost $2,504,305)        $2,522,563 

 

Percentages are based on Net Assets of $2,527,057.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) There is currently no stated rate.

 

Cl — Class
REIT — Real Estate Investment Trust

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   

Global X S&P Catholic Values Developed ex-US ETF

 

The following is a summary of the level of inputs used as of July 31, 2020, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $2,467,777   $40,957   $—   $2,508,734 
Preferred Stock   13,829    —    —    13,829 
Total Investments in Securities  $2,481,606   $40,957   $—   $2,522,563 

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — 98.0%          
CHINA— 4.3%          
Consumer Discretionary — 4.3%          
Alibaba Group Holding ADR *    4,835   $1,213,681 
JD.com ADR *    18,744    1,195,680 
TOTAL CHINA         2,409,361 
UNITED KINGDOM— 2.0%          
Communication Services — 2.0%          
Liberty Global *    48,725    1,108,981 
UNITED STATES— 91.7%          
Communication Services — 17.4%          
Alphabet, Cl C *    752    1,115,186 
Charter Communications, Cl A *    2,010    1,165,800 
IAC *    4,093    541,995 
Liberty Broadband, Cl C *    8,188    1,123,967 
Madison Square Garden Sports *    6,278    964,866 
Match Group *    8,842    908,073 
Netflix *    2,300    1,124,424 
New York Times, Cl A    27,733    1,279,600 
Zillow Group, Cl C *    20,979    1,434,754 
         9,658,665 
Consumer Discretionary — 6.9%          
Amazon.com *    429    1,357,648 
Home Depot    4,260    1,130,988 
Lowe's    8,941    1,331,404 
         3,820,040 
Consumer Staples — 8.0%          
Constellation Brands, Cl A    6,176    1,100,563 
Mondelez International, Cl A    20,501    1,137,601 
Post Holdings *    11,810    1,048,019 
Procter & Gamble    8,956    1,174,311 
         4,460,494 
Energy — 2.1%          
Cheniere Energy *    23,917    1,183,413 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — 6.5%
Arch Capital Group *    42,732   $1,314,009 
Citigroup    22,790    1,139,728 
S&P Global    3,340    1,169,835 
         3,623,572 
Health Care — 13.5%
Alexion Pharmaceuticals *    10,132    1,038,429 
Bausch Health *    59,950    1,095,286 
Baxter International    12,010    1,037,424 
Cigna    5,378    928,727 
DaVita *    12,895    1,126,894 
Immunomedics *    30,688    1,295,954 
Neurocrine Biosciences *    8,366    1,006,932 
         7,529,646 
Industrials — 12.6%
CSX    15,716    1,121,179 
Delta Air Lines *    47,617    1,188,996 
Kansas City Southern    7,503    1,289,391 
Uber Technologies, Swap *    30,954    936,668 
United Airlines Holdings *    43,142    1,353,796 
XPO Logistics *    14,889    1,116,973 
         7,007,003 
Information Technology — 13.1%
Apple    3,305    1,404,757 
Coupa Software *    4,960    1,519,992 
Fidelity National Information Services    7,647    1,118,833 
Leidos Holdings    10,565    1,005,365 
NortonLifeLock    52,401    1,124,002 
SolarWinds *    61,550    1,130,058 
         7,303,007 
Materials — 4.3%
Berry Global Group *    24,717    1,235,603 
Sherwin-Williams    1,819    1,178,566 
         2,414,169 

 

 

 

 

 

Schedule of Investments (Unaudited) July 31, 2020
   
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — 2.1%          
American Tower, Cl A ‡    4,423   $1,156,128 
Utilities — 5.2%          
Essential Utilities    25,244    1,144,815 
PG&E *    84,791    792,796 
Vistra Energy    52,488    979,426 
         2,917,037 
TOTAL UNITED STATES         51,073,174 
TOTAL COMMON STOCK          
(Cost $46,656,134)         54,591,516 
           
MASTER LIMITED PARTNERSHIP — 1.8%          
Energy — 1.8%          
Enterprise Products Partners (A)          
(Cost $1,285,164)    57,278    1,008,093 
TOTAL INVESTMENTS — 99.8%          
(Cost $47,941,298)        $55,599,609 

 

Percentages are based on Net Assets of $55,684,341.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) Security considered Master Limited Partnership.  At July 31, 2020, these securities amounted to $1,008,093 or 1.8% of net assets.

 

ADR — American Depositary Receipt
Cl — Class

 

As of July 31, 2020, 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.

 

For the period ended July 31, 2020, there have been no transfers in or out of Level 3.

 

For information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent annual or semi-annual financial statements.

 

GLX-QH-003-1800