NPORT-EX 2 gx14.htm SCHEDULE F

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Silver Miners ETF

 

   Shares   Value 
COMMON STOCK — 98.5%
AUSTRALIA— 0.5%        
Materials — 0.5%
Kingsgate Consolidated *    4,111,944   $2,839,392 
Silver Mines * (A)    19,252,768    3,619,052 
TOTAL AUSTRALIA         6,458,444 
BOSNIA AND HERZEGOVINA— 0.6%          
Materials — 0.6%
Adriatic Metals, Cl CDI *    3,895,865    6,486,333 
BRAZIL— 18.8%          
Materials — 18.8%
Wheaton Precious Metals    5,336,863    219,184,963 
CANADA— 38.8%          
Financials — 0.1%
Whitehorse Gold * (A)    228,418    631,192 
Industrials — 0.7%
Alexco Resource * (A)    2,790,098    7,868,076 
Materials — 38.0%
AbraPlata Resource * (A)    4,872,446    1,678,247 
Aftermath Silver * (A)    2,042,302    1,998,417 
Almaden Minerals *    2,333,588    1,698,152 
Americas Gold & Silver * (A)    2,368,207    6,432,877 
Aurcana Silver *    2,844,654    2,048,676 
Bear Creek Mining * (A)    1,728,769    3,762,165 
Discovery Metals *    4,312,916    6,245,955 
Endeavour Silver *    3,284,134    16,256,463 
Excellon Resources * (A)    501,356    1,526,694 
First Majestic Silver * (A)    3,299,162    59,580,936 
Fortuna Silver Mines * (A)    3,894,142    30,148,393 
GoGold Resources *    4,668,355    9,464,981 
Great Panther Mining *    7,355,289    5,937,189 
IMPACT Silver * (A)    2,569,543    1,971,233 
Integra Resources *    954,185    3,122,230 
Kootenay Silver * (A)    4,683,346    1,301,490 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Silver Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued          
MAG Silver *    1,788,537   $34,960,091 
McEwen Mining * (A)    6,773,381    8,195,791 
New Pacific Metals * (A)    1,694,038    11,271,927 
Pan American Silver    4,023,195    130,592,910 
Prime Mining * (A)    1,461,010    2,904,979 
Silver One Resources * (A)    3,338,292    1,829,273 
Silvercorp Metals    3,598,114    23,237,262 
SilverCrest Metals *    2,625,705    26,494,452 
SSR Mining    2,884,404    50,751,088 
         443,411,871 
TOTAL CANADA         451,911,139 
MEXICO— 7.2%          
Materials — 7.2%          
Fresnillo    3,220,140    43,670,410 
Industrias Penoles *    2,652,970    40,240,243 
TOTAL MEXICO         83,910,653 
PERU— 6.1%          
Materials — 6.1%          
Cia de Minas Buenaventura ADR *    4,540,031    46,217,516 
Hochschild Mining    5,420,631    17,120,211 
Volcan Cia Minera SAA *    49,625,387    8,317,485 
TOTAL PERU         71,655,212 
RUSSIA— 12.0%          
Materials — 12.0%          
Polymetal International    6,449,962    140,029,797 
SOUTH KOREA— 5.4%          
Materials — 5.4%          
Korea Zinc    174,807    63,446,846 
UNITED STATES— 9.1%          
Materials — 9.1%          
Coeur d'Alene Mines *    4,684,403    42,393,847 
Fortitude Gold (B)    389,123    383,909 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Silver Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued          
Gold Resource (B)(C)(D)    1,438,964   $4,057,878 
Hecla Mining    10,356,722    58,929,748 
TOTAL UNITED STATES         105,765,382 
TOTAL COMMON STOCK          
(Cost $934,968,284)         1,148,848,769 
           
SHORT-TERM INVESTMENT(E)(F) — 6.5%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $75,713,265)     75,713,265    75,713,265 
TOTAL INVESTMENTS — 105.0%          
(Cost $1,010,681,549)        $1,224,562,034 

 

Percentages are based on Net Assets of $1,165,867,478.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $76,150,880.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of January 31, 2021 was $4,507,878 and represented 0.3% of Net Assets.
(D) Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of January 31, 2021, was $4,057,878 and represents 0.3% of net assets.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $75,713,265.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Silver Miners ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:  

 

Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total 
Common Stock  $1,144,406,982   $—   $4,441,787   $1,148,848,769 
Short-Term Investment   75,713,265    —    —    75,713,265 
Total Investments in Securities  $1,220,120,247   $—   $4,441,787   $1,224,562,034 

 

(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 January 31, 2021, 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) January 31, 2021
 
Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
AUSTRALIA— 23.3%        
Materials — 23.3%
Bellevue Gold * (A)    880,996   $675,942 
De Grey Mining *    1,029,293    754,185 
Gold Road Resources *    940,742    869,748 
OceanaGold *    807,502    1,422,271 
Perseus Mining *    1,366,528    1,237,189 
Ramelius Resources    868,456    1,019,471 
Regis Resources    589,453    1,641,691 
Resolute Mining *    1,212,718    642,014 
Saracen Mineral Holdings *    677,819    2,532,668 
Silver Lake Resources *    1,000,974    1,232,632 
SolGold *    974,001    385,866 
St. Barbara    816,906    1,385,160 
West African Resources *    924,035    648,702 
Westgold Resources *    383,440    691,355 
TOTAL AUSTRALIA         15,138,894 
CANADA— 45.8%          
Materials — 45.8%          
Alamos Gold, Cl A    341,243    2,740,736 
B2Gold    422,765    2,091,569 
Dundee Precious Metals    189,755    1,207,647 
Equinox Gold *    227,503    2,176,278 
K92 Mining *    229,050    1,538,416 
Kirkland Lake Gold    58,293    2,242,372 
Lundin Gold *    72,338    579,293 
McEwen Mining * (A)    369,312    446,867 
New Gold *    619,913    1,174,362 
Novagold Resources *    280,466    2,557,850 
Novo Resources * (A)    150,615    266,460 
Osisko Mining *    320,813    781,031 
Premier Gold Mines * (A)    243,173    601,532 
Pretium Resources *    214,058    2,312,420 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued          
Roxgold *    374,346   $407,328 
Sabina Gold & Silver * (A)    318,788    641,344 
Seabridge Gold *    59,980    1,164,212 
SSR Mining    149,778    2,635,727 
Teranga Gold *    131,755    1,304,709 
Torex Gold Resources *    90,966    1,199,160 
Victoria Gold * (A)    58,021    540,491 
Wesdome Gold Mines *    143,691    1,097,831 
TOTAL CANADA         29,707,635 
CÔTE D'IVOIRE— 3.6%          
Materials — 3.6%          
Endeavour Mining    110,459    2,348,481 
EGYPT— 3.0%          
Materials — 3.0%          
Centamin    1,236,976    1,948,301 
INDONESIA— 5.0%          
Materials — 5.0%          
Aneka Tambang    7,439,300    1,177,138 
Merdeka Copper Gold *    11,327,300    2,058,775 
TOTAL INDONESIA         3,235,913 
PERU— 1.3%          
Materials — 1.3%          
Hochschild Mining    262,088    827,764 
RUSSIA— 2.0%          
Materials — 2.0%          
Petropavlovsk *    3,267,555    1,301,225 
TURKEY— 4.0%          
Materials — 4.0%          
Eldorado Gold *    156,423    1,757,149 
Koza Altin Isletmeleri *    54,294    858,468 
TOTAL TURKEY         2,615,617 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Gold Explorers ETF

 

   Shares   Value 
COMMON STOCK — continued          
UNITED KINGDOM— 2.2%          
Materials — 2.2%          
Greatland Gold *    4,171,058   $1,403,278 
UNITED STATES— 9.7%          
Materials — 9.7%          
Argonaut Gold * (A)    324,410    589,167 
Coeur d'Alene Mines *    238,625    2,159,556 
Golden Star Resources * (A)    79,654    299,499 
Hecla Mining    577,206    3,284,302 
TOTAL UNITED STATES         6,332,524 
TOTAL COMMON STOCK          
(Cost $55,169,826)         64,859,632 
           
SHORT-TERM INVESTMENT(B)(C) — 3.1%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $1,985,953)     1,985,953    1,985,953 
TOTAL INVESTMENTS — 103.0%          
(Cost $57,155,779)        $66,845,585 

 

Percentages are based on Net Assets of $64,885,305.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $1,905,911.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $1,985,953.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Gold Explorers ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3

    

Total

 
Common Stock  $64,859,632   $—   $—   $64,859,632 
Short-Term Investment   1,985,953    —    —    1,985,953 
Total Investments in Securities  $66,845,585   $—   $—   $66,845,585 

 

For the period ended January 31, 2021, 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) January 31, 2021
 
Global X Copper Miners ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
AUSTRALIA— 11.9%        
Materials — 11.9%
Glencore *    5,061,611   $17,126,196 
OZ Minerals    1,014,299    14,513,777 
Sandfire Resources    1,152,397    4,226,352 
SolGold *    6,542,333    2,591,850 
TOTAL AUSTRALIA         38,458,175 
CANADA— 15.0%          
Materials — 15.0%
Altius Minerals    276,651    3,196,500 
Capstone Mining *    2,475,770    5,135,849 
ERO Copper *    507,860    7,422,401 
Ivanhoe Mines, Cl A *    2,989,817    14,300,193 
Northern Dynasty Minerals *    3,358,810    1,924,598 
Taseko Mines *    1,671,398    1,988,964 
Teck Resources, Cl B    779,148    14,247,835 
TOTAL CANADA         48,216,340 
CHILE— 9.9%          
Materials — 9.9%
Antofagasta    798,315    15,676,235 
Lundin Mining    1,804,082    16,099,679 
TOTAL CHILE         31,775,914 
CHINA— 15.0%          
Materials — 15.0%
China Gold International Resources *    1,687,300    3,416,446 
Jiangxi Copper, Cl H    7,658,929    12,643,305 
Jinchuan Group International Resources (A)    68,105,000    9,661,716 
MMG *    15,783,400    6,127,025 
Zijin Mining Group, Cl H    14,925,460    16,631,219 
TOTAL CHINA         48,479,711 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Copper Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
INDIA— 6.2%        
Materials — 6.2%
Vedanta ADR    2,283,563   $19,889,834 
JAPAN— 0.6%          
Materials — 0.6%
Nittetsu Mining    38,630    2,036,751 
KAZAKHSTAN— 4.5%          
Materials — 4.5%
KAZ Minerals    1,458,136    14,516,686 
MEXICO— 5.3%          
Materials — 5.3%
Grupo Mexico, Cl B    3,935,487    17,093,637 
MONGOLIA— 2.4%          
Materials — 2.4%
Turquoise Hill Resources *    700,244    7,702,684 
PERU— 7.9%          
Materials — 7.9%
HudBay Minerals, Cl B    1,842,424    10,499,704 
Southern Copper    222,923    14,804,316 
TOTAL PERU         25,304,020 
POLAND— 5.2%          
Materials — 5.2%
KGHM Polska Miedz *    332,447    16,839,774 
SWEDEN— 3.9%          
Materials — 3.9%
Boliden    379,871    12,539,931 
UNITED KINGDOM— 1.2%          
Materials — 1.2%
Central Asia Metals    1,250,541    3,777,914 
UNITED STATES— 5.2%          
Materials — 5.2%
Freeport-McMoRan Copper & Gold *    617,710    16,622,576 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Copper Miners ETF

 

   Shares   Value 
COMMON STOCK — continued
ZAMBIA— 5.8%        
Materials — 5.8%
First Quantum Minerals    1,113,556   $18,567,257 
TOTAL COMMON STOCK          
(Cost $282,231,636)         321,821,204 
SHORT-TERM INVESTMENT(B)(C) — 0.3%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $1,045,645)     1,045,645    1,045,645 
TOTAL INVESTMENTS — 100.3%          
(Cost $283,277,281)        $322,866,849 
           
Percentages are based on Net Assets of $322,020,013.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $988,936.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $1,045,645.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3

    

Total

 
Common Stock  $321,821,204   $—   $—   $321,821,204 
Short-Term Investment   1,045,645    —    —    1,045,645 
Total Investments in Securities  $322,866,849   $—   $—   $322,866,849 

 

For the period ended January 31, 2021, 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) January 31, 2021
 
Global X Uranium ETF

 

   Shares   Value 
COMMON STOCK — 95.7%
AUSTRALIA— 10.2%        
Energy — 3.4%
Bannerman Resources *    3,313,874   $279,682 
Boss Energy *(A)    23,095,063    1,647,926 
Deep Yellow *    971,083    428,410 
Paladin Energy *(A)    28,113,322    5,823,868 
Peninsula Energy *    4,856,734    484,422 
         8,664,308 
Financials — 2.1%
Macquarie Group    51,654    5,207,568 
Materials — 4.7%
BHP Group    183,789    5,076,577 
Greenland Minerals *    5,185,733    1,133,941 
Lotus Resources *    6,547,484    703,296 
Rio Tinto    66,179    5,079,088 
         11,992,902 
TOTAL AUSTRALIA         25,864,778 
CANADA— 37.5%          
Energy — 31.5%
Cameco    4,516,543    56,251,281 
Denison Mines *(A)    10,535,210    7,010,003 
Fission Uranium *    7,134,779    1,926,885 
GoviEx Uranium, Cl A *    687,449    131,845 
IsoEnergy *    270,241    416,748 
NexGen Energy *(A)    4,817,808    13,614,847 
Uex *    2,360,388    461,934 
         79,813,543 
Financials — 2.9%
Uranium Participation *    2,148,105    7,398,851 
Industrials — 2.0%
Aecon Group    397,320    5,131,927 
Materials — 1.1%
Encore Energy *    721,325    502,547 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Uranium ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Global Atomic *(A)    2,018,552   $2,307,007 
         2,809,554 
TOTAL CANADA         95,153,875 
CHINA— 2.2%          
Energy — 0.2%
CGN Mining    8,041,700    456,335 
Utilities — 2.0%
CGN Power, Cl H    24,459,786    5,268,072 
TOTAL CHINA         5,724,407 
JAPAN— 6.1%          
Industrials — 6.1%
ITOCHU    183,710    5,259,761 
Mitsubishi Heavy Industries    172,990    4,953,666 
Sumitomo    400,950    5,311,788 
TOTAL JAPAN         15,525,215 
KAZAKHSTAN— 19.7%          
Energy — 19.7%
NAC Kazatomprom JSC GDR    2,909,020    50,035,144 
SOUTH AFRICA— 2.1%          
Materials — 2.1%
Sibanye Stillwater    1,350,027    5,287,101 
SOUTH KOREA— 9.6%          
Industrials — 9.6%
Daewoo Engineering & Construction *    1,007,773    5,315,448 
Doosan Heavy Industries & Construction *    438,444    4,605,504 
GS Engineering & Construction    142,075    4,845,487 
Hyundai Engineering & Construction    136,207    4,901,065 
Samsung C&T    39,962    4,644,252 
TOTAL SOUTH KOREA         24,311,756 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X Uranium ETF

 

   Shares   Value 
COMMON STOCK — continued
UNITED KINGDOM— 1.6%        
Industrials — 1.6%
Yellow Cake *(A)    1,422,743   $4,239,529 
UNITED STATES— 6.7%          
Energy — 6.7%
Centrus Energy, Cl A *    139,443    2,832,087 
Energy Fuels *(A)    1,938,452    7,405,101 
Uranium Energy *(A)    2,933,199    4,781,115 
Ur-Energy *    2,477,880    1,988,994 
TOTAL UNITED STATES         17,007,297 
TOTAL COMMON STOCK          
(Cost $205,743,714)         243,149,102 
SHORT-TERM INVESTMENT (B)(C) — 3.3%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $8,371,144)     8,371,144    8,371,144 
TOTAL INVESTMENTS — 99.0%          
(Cost $214,114,858)        $251,520,246 
           
Percentages are based on Net Assets of $253,944,847.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $7,518,833.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $8,371,144.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class
GDR — Global Depositary Receipt
JSC — Joint Stock Company

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3

    

Total

 
Common Stock  $243,149,102   $—   $—   $243,149,102 
Short-Term Investment   8,371,144    —    —    8,371,144 
Total Investments in Securities  $251,520,246   $—   $—   $251,520,246 

 

For the period ended January 31, 2021, 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-001-2400

 

 

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Energy ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
CHINA— 99.9%          
Energy — 99.9%          
China Merchants Energy Shipping, Cl A   79,000   $59,480 
China Oilfield Services, Cl H   110,286    122,179 
China Petroleum & Chemical, Cl A   5,250    3,219 
China Petroleum & Chemical, Cl H   352,597    168,708 
China Shenhua Energy, Cl A   1,200    3,242 
China Shenhua Energy, Cl H   85,630    158,806 
China Suntien Green Energy, Cl H   280,200    82,031 
COSCO SHIPPING Energy Transportation, Cl A   63,700    62,893 
Guanghui Energy, Cl A *   153,950    58,314 
Inner Mongolia Yitai Coal, Cl B   127,194    67,667 
Offshore Oil Engineering, Cl A   93,375    61,316 
PetroChina, Cl A   5,100    3,238 
PetroChina, Cl H   498,863    151,193 
Shaanxi Coal Industry, Cl A   55,036    86,719 
Shanxi Coking Coal Energy Group, Cl A   98,053    73,369 
Shanxi Lu'an Environmental Energy Development, Cl A   69,165    58,625 
Shanxi Meijin Energy, Cl A *   69,000    76,052 
Sinopec Kantons Holdings   192,900    67,419 
Wison Engineering Services   630,700    43,923 
Yantai Jereh Oilfield Services Group, Cl A   14,600    97,437 
Yanzhou Coal Mining, Cl A   48,064    64,840 
Yanzhou Coal Mining, Cl H   117,125    90,632 
TOTAL CHINA        1,661,302 
TOTAL COMMON STOCK          
(Cost $1,938,920)        1,661,302 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Energy ETF

 

   Face Amount   Value 
U.S. TREASURY OBLIGATION — 12.0%          
United States Treasury Bill          
0.034%,  02/18/21(A)          
(Cost $199,997)  $200,000   $199,996 
TOTAL INVESTMENTS — 111.9%          
(Cost $2,138,917)       $1,861,298 

 

Percentages are based on Net Assets of $1,664,046.

 

Cl — Class

 

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

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value: 

 

Investments in Securities 

Level 1

  

Level 2

  

Level 3

  

Total

 
Common Stock  $1,661,302   $—   $—   $1,661,302 
U.S. Treasury Obligation   —    199,996    —    199,996 
Total Investments in Securities  $1,661,302   $199,996   $—   $1,861,298 

 

For the period ended January 31, 2021, 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) January 31, 2021
 
Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 95.8%          
Materials — 95.8%
Aluminum Corp of China, Cl A *   51,200   $25,435 
Aluminum Corp of China, Cl H *   235,539    71,690 
Anhui Conch Cement, Cl A   900    7,047 
Anhui Conch Cement, Cl H   39,620    234,792 
Baoshan Iron & Steel, Cl A   62,600    63,750 
BBMG, Cl A   35,400    14,948 
Beijing Oriental Yuhong Waterproof Technology, Cl A   8,350    62,868 
Chifeng Jilong Gold Mining, Cl A *   2,900    7,374 
China Hongqiao Group   97,900    86,488 
China Jushi, Cl A   14,100    49,315 
China Lumena New Materials *(A)(B)(C)   48    — 
China Molybdenum, Cl A   62,400    58,703 
China Molybdenum, Cl H   189,754    119,914 
China National Building Material, Cl H   188,100    225,365 
China Northern Rare Earth Group High-Tech, Cl A *   14,400    39,791 
China Resources Cement Holdings   130,300    144,015 
Ganfeng Lithium, Cl A   4,200    78,110 
GEM, Cl A   23,100    28,652 
Guangdong HEC Technology Holding, Cl A *   14,400    10,395 
Guangdong Hongda Blasting, Cl A   3,252    15,584 
Guangzhou Tinci Materials Technology, Cl A   700    10,364 
Hengli Petrochemical, Cl A   20,020    119,965 
Hengyi Petrochemical, Cl A   14,700    29,643 
Hesteel, Cl A *   48,600    15,542 
Huaxin Cement, Cl A   5,300    16,135 
Hunan Valin Steel, Cl A   27,200    21,282 
Inner Mongolia BaoTou Steel Union, Cl A *   167,500    29,903 
Inner Mongolia Junzheng Energy & Chemical Industry Group, Cl A   32,500    29,616 
Jiangsu Shagang, Cl A   9,000    13,608 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Jiangsu Yangnong Chemical, Cl A   1,300   $29,000 
Jiangxi Copper, Cl A   8,900    26,030 
Jiangxi Copper, Cl H   66,291    109,433 
Kingfa Sci & Tech, Cl A   3,500    15,241 
Lee & Man Paper Manufacturing   78,000    68,706 
Lomon Billions Group, Cl A   7,100    43,812 
Pangang Group Vanadium Titanium & Resources, Cl A *   42,900    12,987 
Real Gold Mining *(A)(B)(C)   97,864    — 
Rongsheng Petro Chemical, Cl A   19,800    105,122 
Shandong Gold Mining, Cl A   12,220    42,133 
Shandong Gold Mining, Cl H   27,250    57,495 
Shandong Hualu Hengsheng Chemical, Cl A   6,800    41,191 
Shandong Nanshan Aluminum, Cl A   52,400    27,088 
Shandong Sinocera Functional Material, Cl A   4,243    31,617 
Shandong Sun Paper Industry JSC, Cl A   11,800    28,980 
Shanghai Putailai New Energy Technology, Cl A   1,947    30,014 
Shanxi Taigang Stainless Steel, Cl A   27,100    14,977 
Shenzhen Capchem Technology, Cl A   700    9,009 
Sinoma Science & Technology, Cl A   2,800    10,980 
Sinopec Shanghai Petrochemical, Cl A   27,000    14,377 
Skshu Paint, Cl A   400    9,200 
Tangshan Jidong Cement, Cl A   5,700    12,008 
Tongkun Group, Cl A   8,500    30,613 
Tongling Nonferrous Metals Group, Cl A   49,400    17,562 
Transfar Zhilian, Cl A   15,700    14,672 
Wanhua Chemical Group, Cl A   10,047    174,374 
Weihai Guangwei Composites, Cl A   2,100    28,923 
Xiamen Tungsten, Cl A   7,100    19,509 
Yintai Gold, Cl A   11,120    13,793 
Yunnan Energy New Material, Cl A   3,300    67,607 
Zhaojin Mining Industry   60,084    65,168 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Materials ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
Zhejiang Huayou Cobalt, Cl A *   4,230   $65,023 
Zhejiang Juhua, Cl A   13,100    17,937 
Zhejiang Longsheng Group, Cl A   12,600    26,797 
Zhongjin Gold, Cl A   20,300    26,566 
Zijin Mining Group, Cl A   33,600    50,074 
Zijin Mining Group, Cl H   254,259    283,317 
TOTAL CHINA        3,271,629 
HONG KONG— 4.1%          
Materials — 4.1%
Nine Dragons Paper Holdings   90,270    139,703 
TOTAL COMMON STOCK          
(Cost $2,837,540)        3,411,332 
TOTAL INVESTMENTS — 99.9%          
(Cost $2,837,540)       $3,411,332 

 

Percentages are based on Net Assets of $3,413,744.

 

* 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 January 31, 2021 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 January 31, 2021, was $0 and represents 0.0% of net assets.

 

Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities 

Level 1

  

Level 2

  

Level 3(1)

  

Total

 
Common Stock  $3,411,332   $—   $—   $3,411,332 
Total Investments in Securities  $3,411,332   $—   $—   $3,411,332 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Materials 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 January 31, 2021, 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) January 31, 2021
 

Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 98.6%          
Industrials — 98.6%
51job ADR *   465   $30,625 
AECC Aero-Engine Control, Cl A   1,200    3,908 
AECC Aviation Power, Cl A   2,400    22,202 
Air China, Cl A   7,000    7,824 
Air China, Cl H   32,000    22,244 
A-Living Smart City Services, Cl H   8,000    34,925 
AVIC Electromechanical Systems, Cl A   3,900    6,896 
AVIC Shenyang Aircraft, Cl A   1,200    14,318 
AVIC Xi'an Aircraft Industry Group, Cl A   2,900    14,010 
AviChina Industry & Technology, Cl H   43,090    32,288 
AVICOPTER, Cl A   600    5,217 
Beijing Capital International Airport, Cl H   32,431    25,012 
Beijing New Building Materials, Cl A   1,800    14,293 
Beijing Originwater Technology, Cl A   3,300    3,704 
Beijing-Shanghai High Speed Railway, Cl A   12,000    10,041 
China Aerospace Times Electronics, Cl A   2,800    2,895 
China Avionics Systems, Cl A   1,600    4,550 
China Communications Services, Cl H   41,900    18,751 
China Conch Venture Holdings   27,860    132,763 
China Eastern Airlines, Cl A   9,600    6,841 
China Everbright Environment Group   64,250    36,211 
China Gezhouba Group, Cl A   4,600    4,634 
China Lesso Group Holdings   19,000    31,610 
China Merchants Holdings International   24,931    34,789 
China National Chemical Engineering, Cl A   5,100    4,378 
China Railway Group, Cl A   21,500    17,656 
China Railway Group, Cl H   65,998    30,046 
China Shipbuilding Industry, Cl A *   24,100    15,264 
China Southern Airlines, Cl A *   9,600    8,688 
China Southern Airlines, Cl H *   30,700    17,144 
China State Construction Engineering, Cl A   43,700    32,631 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
China State Construction International Holdings   35,010   $20,183 
CITIC   100,100    78,233 
Contemporary Amperex Technology, Cl A   2,376    130,613 
COSCO SHIPPING Holdings, Cl A *   10,100    19,458 
COSCO SHIPPING Holdings, Cl H *   45,132    45,691 
COSCO SHIPPING Ports   31,530    22,406 
Country Garden Services Holdings   25,200    205,887 
Daqin Railway, Cl A   15,800    15,624 
Dongfang Electric, Cl A   2,900    5,619 
East Group, Cl A   2,300    2,389 
Eve Energy, Cl A   2,000    33,066 
Fangda Carbon New Material, Cl A *   3,763    4,422 
Fosun International   43,800    66,656 
Gotion High-Tech, Cl A *   1,300    7,384 
Greentown Service Group   25,100    28,325 
Guangdong Kinlong Hardware Products, Cl A   300    8,028 
Guangzhou Baiyun International Airport, Cl A   2,400    5,138 
Haitian International Holdings   11,126    40,249 
Hebei Construction Group, Cl H   7,600    3,176 
Hefei Meiya Optoelectronic Technology, Cl A   700    4,879 
Hongfa Technology, Cl A   800    6,878 
Inner Mongolia First Machinery Group, Cl A   1,800    2,982 
Jiangsu Expressway, Cl H   22,019    25,558 
Jiangsu Hengli Hydraulic, Cl A   1,432    26,047 
Jiangsu Zhongtian Technology, Cl A   3,200    5,216 
Metallurgical Corp of China, Cl A   18,400    8,055 
NARI Technology, Cl A   4,900    22,379 
Power Construction Corp of China, Cl A   15,600    9,154 
Sany Heavy Industry, Cl A   8,800    55,273 
SF Holding, Cl A   3,900    59,932 
Shanghai Construction Group, Cl A   9,200    4,142 
Shanghai Electric Group, Cl A *   8,400    7,003 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Shanghai International Airport, Cl A   1,000   $12,264 
Shanghai International Port Group, Cl A   9,300    6,367 
Shanghai M&G Stationery, Cl A   1,000    14,606 
Shenzhen Airport, Cl A   2,100    2,552 
Shenzhen Inovance Technology, Cl A   1,800    26,588 
Shenzhen International Holdings   18,906    31,161 
Siasun Robot & Automation, Cl A *   1,600    2,953 
Sinotrans, Cl A   4,600    2,742 
Sinotruk Hong Kong   12,000    37,452 
Spring Airlines, Cl A   1,000    9,158 
STO Express, Cl A   1,400    1,976 
Sungrow Power Supply, Cl A   1,500    24,404 
Sunwoda Electronic, Cl A   1,600    6,726 
Suzhou Gold Mantis Construction Decoration, Cl A   2,600    3,213 
TBEA, Cl A   4,000    7,917 
Topsec Technologies Group, Cl A *   1,200    3,869 
Weichai Power, Cl A   6,300    20,675 
Weichai Power, Cl H   33,596    99,222 
XCMG Construction Machinery, Cl A   8,100    6,740 
Xiamen C & D, Cl A   2,800    3,360 
Xinjiang Goldwind Science & Technology, Cl A   3,547    7,979 
Xinjiang Goldwind Science & Technology, Cl H   12,971    27,067 
Yantai Eddie Precision Machinery, Cl A   600    7,083 
YTO Express Group, Cl A   3,300    5,845 
Yunda Holding, Cl A   3,040    7,990 
Zhejiang Chint Electrics, Cl A   2,300    13,207 
Zhejiang Dingli Machinery, Cl A   490    8,839 
Zhejiang Expressway, Cl H   25,240    20,410 
Zhejiang Sanhua Intelligent Controls, Cl A   3,840    13,693 
Zhejiang Weixing New Building Materials, Cl A   1,600    5,276 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 

Global X MSCI China Industrials ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Zhengzhou Yutong Bus, Cl A   2,300   $4,977 
Zhuzhou CRRC Times Electric, Cl H   9,523    47,898 
Zoomlion Heavy Industry Science and Technology   23,000    31,502 
Zoomlion Heavy Industry Science and Technology, Cl A   6,900    13,325 
ZTO Express Cayman ADR   6,342    209,793 
TOTAL CHINA        2,375,232 
SINGAPORE— 1.3%          
Industrials — 1.3%
BOC Aviation   3,620    29,576 
TOTAL COMMON STOCK          
(Cost $1,978,471)        2,404,808 
TOTAL INVESTMENTS — 99.9%          
(Cost $1,978,471)       $2,404,808 

 

Percentages are based on Net Assets of $2,408,360.

 

* Non-income producing security.

 

ADR — American Depositary Receipt
Cl — Class
 

 

As of January 31, 2021, 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 January 31, 2021, 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.

 

 

 

 

gx14 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Consumer Discretionary ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 99.9%          
Consumer Discretionary — 99.9%
Alibaba Group Holding ADR *    196,096   $49,775,048 
ANTA Sports Products   1,077,796    17,833,880 
Baozun ADR * (A)   119,068    4,880,597 
Bosideng International Holdings   6,671,500    2,959,815 
Brilliance China Automotive Holdings   6,222,700    4,895,435 
BYD, Cl A   212,479    8,147,340 
BYD, Cl H (A)   617,240    18,898,067 
Changzhou Xingyu Automotive Lighting Systems, Cl A   34,210    1,137,297 
China East Education Holdings (A)   1,134,600    2,563,654 
China Education Group Holdings   1,555,500    3,269,943 
China Meidong Auto Holdings   1,158,200    3,898,582 
China Tourism Group Duty Free, Cl A   209,470    9,560,311 
China Yuhua Education   2,432,700    2,133,438 
Chongqing Changan Automobile, Cl A *   556,483    1,489,334 
Dongfeng Motor Group, Cl H   5,145,346    5,089,704 
FAW Jiefang Group, Cl A *   381,500    644,357 
Fuyao Glass Industry Group, Cl A   250,251    2,292,085 
Fuyao Glass Industry Group, Cl H   1,044,200    7,272,104 
Geely Automobile Holdings   5,574,700    20,382,487 
GOME Retail Holdings * (A)   20,056,900    3,233,378 
Great Wall Motor, Cl A   276,300    1,798,064 
Great Wall Motor, Cl H   4,565,697    14,308,561 
GSX Techedu ADR * (A)   135,862    14,266,869 
Guangdong Xinbao Electrical Appliances Holdings, Cl A   83,300    638,815 
Guangzhou Automobile Group, Cl H   5,293,323    4,826,479 
Haidilao International Holding   1,398,300    11,784,972 
Haier Smart Home, Cl A   781,519    3,864,131 
Haier Smart Home, Cl H * (A)   1,968,560    8,149,600 
Hangzhou Robam Appliances, Cl A   118,432    708,020 
Huayu Automotive Systems, Cl A   393,180    1,824,401 

 

 

 

 

gx14 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Consumer Discretionary ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Huazhu Group ADR   230,646   $11,186,331 
Jason Furniture Hangzhou, Cl A   77,900    889,937 
JD Health International * (A)   377,400    7,427,438 
JD.com ADR *   494,374    43,846,030 
Joyoung, Cl A *   94,700    414,427 
Koolearn Technology Holding * (A)   514,200    1,817,043 
Kuang-Chi Technologies, Cl A *   266,900    947,998 
Li Ning   2,310,700    14,468,230 
Liaoning Cheng Da, Cl A   174,400    608,348 
Meituan, Cl B *   1,421,900    65,246,558 
Minth Group   1,177,800    5,400,000 
NavInfo, Cl A   241,600    562,589 
New Oriental Education & Technology Group ADR *   121,344    20,325,120 
Ningbo Joyson Electronic, Cl A   168,900    699,025 
Ningbo Tuopu Group, Cl A   130,535    883,520 
NIO ADR *   818,291    46,642,587 
Offcn Education Technology, Cl A   204,002    1,255,684 
Oppein Home Group, Cl A   47,666    1,106,989 
Pinduoduo ADR *   225,268    37,329,160 
SAIC Motor, Cl A   966,800    3,292,882 
Shandong Linglong Tyre, Cl A   156,302    1,042,393 
Shanghai Jinjiang International Hotels, Cl A   99,256    799,854 
Shanghai Yuyuan Tourist Mart Group, Cl A   399,028    647,945 
Shenzhen MTC, Cl A *   557,800    577,573 
Shenzhen Overseas Chinese Town, Cl A   1,019,500    1,041,396 
Shenzhou International Group Holdings   839,362    16,464,977 
Songcheng Performance Development, Cl A   325,080    829,145 
Suning.com, Cl A   1,159,100    1,189,393 
Suofeiya Home Collection, Cl A   45,700    224,965 
TAL Education Group ADR *   284,412    21,865,595 
TCL Technology Group, Cl A   1,684,305    2,246,036 
Tongcheng-Elong Holdings *   1,782,600    3,190,994 

 

 

 

 

gx14 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Consumer Discretionary ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Topsports International Holdings   2,566,700   $4,170,885 
Trip.com Group ADR *   458,674    14,599,593 
Vipshop Holdings ADR *   524,039    14,369,149 
Wangfujing Group, Cl A (B)(C)(D)   87,700    434,984 
Weifu High-Technology Group, Cl A   93,000    330,470 
Wuchan Zhongda Group, Cl A   535,700    355,101 
Xiamen Intretech, Cl A   57,000    611,266 
XPeng ADR * (A)   248,715    11,983,089 
Yadea Group Holdings   2,169,900    5,652,931 
Yum China Holdings   331,855    18,819,497 
Zhejiang Semir Garment, Cl A   241,387    322,641 
Zhejiang Supor, Cl A   62,126    767,696 
Zhongsheng Group Holdings   999,200    5,869,801 
TOTAL CHINA        625,284,033 
TOTAL COMMON STOCK          
(Cost $469,218,936)        625,284,033 
 
SHORT-TERM INVESTMENT(E)(F) — 5.3%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $32,988,934)   32,988,934    32,988,934 
TOTAL INVESTMENTS — 105.2%          
(Cost $502,207,870)       $658,272,967 

 

Percentages are based on Net Assets of $625,787,558.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $30,377,425.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of January 31, 2021 was $434,984 and represented 0.1% 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 January 31, 2021, was $434,984 and represents 0.1% of net assets.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $32,988,934.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

 

 

gx14 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Consumer Discretionary ETF

 

ADR — American Depositary Receipt
Cl — Class
 

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:

 

Investments in Securities   

Level 1

    

Level 2

    

Level 3(1)

    

Total

 
Common Stock  $624,849,049   $—   $434,984   $625,284,033 
Short-Term Investment   32,988,934    —    —    32,988,934 
Total Investments in Securities  $657,837,983   $—   $434,984   $658,272,967 

 

(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 January 31, 2021, 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)   January 31, 2021

 

Global X MSCI China Consumer Staples ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
CHINA— 99.1%          
Consumer Staples — 99.1%
Angel Yeast, Cl A    10,154   $82,961 
Anhui Gujing Distillery, Cl A    4,376    165,756 
Anhui Gujing Distillery, Cl B    18,600    279,461 
Anhui Kouzi Distillery, Cl A    6,800    67,486 
Beijing Dabeinong Technology Group, Cl A    101,200    145,634 
Beijing Shunxin Agriculture, Cl A    8,630    88,555 
Beijing Yanjing Brewery, Cl A    34,200    34,828 
By-health, Cl A    18,200    62,780 
C&S Paper, Cl A    14,000    50,987 
Chacha Food, Cl A    5,300    51,267 
China Feihe    198,900    595,121 
China Mengniu Dairy    334,600    1,995,815 
China Resources Beer Holdings    247,700    2,188,262 
Chongqing Brewery, Cl A    5,772    120,392 
Chongqing Fuling Zhacai Group, Cl A    9,300    64,780 
Dali Foods Group    479,900    289,035 
DaShenLin Pharmaceutical Group, Cl A    4,200    64,614 
Foshan Haitian Flavouring & Food, Cl A    30,693    939,375 
Fu Jian Anjoy Foods, Cl A    1,200    45,976 
Fujian Sunner Development, Cl A    12,600    56,040 
Guangdong Haid Group, Cl A    18,091    184,824 
Heilongjiang Agriculture, Cl A    21,400    54,383 
Henan Shuanghui Investment & Development, Cl A    41,240    300,834 
Hengan International Group    116,800    838,282 
Inner Mongolia Yili Industrial Group, Cl A    77,229    529,914 
Jiangsu King's Luck Brewery JSC, Cl A    14,300    123,805 
Jiangsu Yanghe Brewery Joint-Stock, Cl A    18,544    587,297 
Jiangxi Zhengbang Technology, Cl A    28,700    77,256 
JiuGui Liquor, Cl A    1,900    52,260 
Jonjee Hi-Tech Industrial And Commercial Holding, Cl A    9,200    95,990 

 

 

 

 

 

Schedule of Investments (Unaudited)   January 31, 2021

 

Global X MSCI China Consumer Staples ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
Juewei Food, Cl A    7,500   $104,973 
Kweichow Moutai, Cl A    6,916    2,272,012 
Laobaixing Pharmacy Chain JSC, Cl A    4,960    55,593 
Luzhou Laojiao, Cl A    17,847    713,974 
Muyuan Foods, Cl A    43,360    598,403 
New Hope Liuhe, Cl A    62,200    204,223 
Proya Cosmetics, Cl A    2,100    60,637 
Qianhe Condiment and Food, Cl A    5,700    40,739 
Sanquan Food, Cl A    7,500    33,532 
Shanghai Bairun Investment Holding Group, Cl A    2,700    50,004 
Shanghai Jahwa United, Cl A    8,000    49,205 
Shanxi Xinghuacun Fen Wine Factory, Cl A    11,149    648,034 
Sichuan Swellfun, Cl A    6,068    84,685 
Smoore International Holdings *    71,000    702,780 
Sun Art Retail Group    357,100    370,740 
Tingyi Cayman Islands Holding    339,700    676,434 
Toly Bread, Cl A    6,500    56,295 
Tongwei, Cl A    64,700    462,024 
Tsingtao Brewery, Cl A    8,000    110,270 
Tsingtao Brewery, Cl H    86,600    835,974 
Uni-President China Holdings    295,100    357,369 
Want Want China Holdings    959,700    690,641 
Wens Foodstuffs Group    81,444    214,431 
Wuliangye Yibin, Cl A    40,698    1,839,408 
Yifeng Pharmacy Chain, Cl A    6,362    100,245 
Yihai International Holding    83,640    1,377,487 
Yonghui Superstores, Cl A    154,600    163,680 
Yuan Longping High-tech Agriculture, Cl A *    15,600    43,543 
TOTAL CHINA         23,151,305 

 

 

 

 

 

Schedule of Investments (Unaudited)   January 31, 2021

 

Global X MSCI China Consumer Staples ETF

 

   Shares   Value 
COMMON STOCK — continued          
HONG KONG— 0.9%          
Consumer Staples — 0.9%          
Vinda International Holdings    61,900   $209,158 
TOTAL COMMON STOCK          
(Cost $16,220,615)         23,360,463 
TOTAL INVESTMENTS — 100.0%          
(Cost $16,220,615)        $23,360,463 

 

Percentages are based on Net Assets of $23,364,189.

 

* Non-income producing security.

 

Cl — Class

 

As of January 31, 2021, 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 January 31, 2021, 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.

 

 

 

 

 

gx14 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 93.1%          
Health Care — 93.1%
3SBio *    123,700   $115,343 
Aier Eye Hospital Group, Cl A    20,699    252,984 
AK Medical Holdings    25,200    45,435 
Alibaba Health Information Technology *    292,200    915,733 
Apeloa Pharmaceutical, Cl A    4,000    13,978 
Asymchem Laboratories Tianjin, Cl A    1,113    50,708 
Autobio Diagnostics, Cl A    1,340    27,521 
BeiGene ADR *    2,965    948,799 
Beijing Tiantan Biological Products, Cl A    6,000    35,860 
Betta Pharmaceuticals, Cl A    1,820    36,450 
BGI Genomics, Cl A    1,733    37,395 
CanSino Biologics, Cl H *    5,160    167,966 
Changchun High & New Technology Industry Group, Cl A    1,928    136,069 
Chengdu Kanghong Pharmaceutical Group, Cl A    3,100    19,567 
China Medical System Holdings    123,800    177,864 
China National Accord Medicines, Cl A    1,900    11,326 
China National Medicines, Cl A    3,100    19,062 
China Resources Pharmaceutical Group    170,300    89,610 
China Resources Sanjiu Medical & Pharmaceutical, Cl A    4,900    18,872 
China Traditional Chinese Medicine Holdings (A)(B)(C)    266,200    157,958 
Chongqing Zhifei Biological Products, Cl A    7,233    177,388 
CSPC Pharmaceutical Group    654,408    668,431 
Da An Gene of Sun Yat-Sen University, Cl A    3,200    17,660 
Dong-E-E-Jiao, Cl E    6,100    31,013 
Genscript Biotech    94,400    120,529 
Guangzhou Baiyunshan Pharmaceutical Holdings, Cl A    12,359    53,261 
Guangzhou Kingmed Diagnostics Group, Cl A    2,100    51,010 

 

 

 

 

tm2110525d2_nporteximg02 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Guangzhou Wondfo Biotech, Cl A    900   $12,155 
Hangzhou Tigermed Consulting, Cl A    3,416    88,767 
Hangzhou Tigermed Consulting, Cl H *    5,890    129,592 
Hansoh Pharmaceutical Group *    89,700    490,502 
Huadong Medicine, Cl A    14,311    58,585 
Hualan Biological Engineering, Cl A    9,670    69,039 
Hubei Jumpcan Pharmaceutical, Cl A    3,200    9,215 
Humanwell Healthcare Group, Cl A    1,800    7,617 
Innovent Biologics *    72,800    831,855 
Intco Medical Technology, Cl A    600    21,812 
Jafron Biomedical, Cl A    4,000    48,901 
Jiangsu Hengrui Medicine, Cl A    24,627    396,684 
Jiangsu Yuyue Medical Equipment & Supply, Cl A    4,100    17,681 
Jilin Aodong Pharmaceutical Group, Cl A    5,000    11,961 
Jinxin Fertility Group    64,000    129,257 
Jinyu Bio-Technology, Cl A    5,100    18,028 
Joincare Pharmaceutical Group Industry, Cl A    8,100    15,429 
Jointown Pharmaceutical Group, Cl A *    16,870    49,523 
Lepu Medical Technology Beijing, Cl A    9,501    39,676 
Livzon Pharmaceutical Group, Cl A    2,500    13,789 
Luye Pharma Group    164,900    82,728 
Maccura Biotechnology, Cl A    1,400    9,856 
Meinian Onehealth Healthcare Holdings, Cl A *    34,720    76,483 
Microport Scientific    38,900    272,165 
Nanjing King-Friend Biochemical Pharmaceutical, Cl A    3,320    16,493 
Ovctek China, Cl A    2,632    45,002 
Pharmaron Beijing, Cl H    5,500    105,831 
Ping An Healthcare and Technology *    38,200    474,676 
Shandong Buchang Pharmaceuticals, Cl A    10,387    35,797 
Shandong Pharmaceutical Glass    1,500    8,783 

 

 

 

 

tm2110525d2_nporteximg03 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Shandong Weigao Group Medical Polymer, Cl H    187,300   $350,259 
Shanghai Fosun Pharmaceutical Group, Cl A    10,674    75,345 
Shanghai Fosun Pharmaceutical Group, Cl H    44,300    199,965 
Shanghai Pharmaceuticals Holding, Cl A    9,900    27,756 
Shanghai Pharmaceuticals Holding, Cl H    74,400    128,768 
Shanghai RAAS Blood Products, Cl A    14,100    15,826 
Shenzhen Hepalink Pharmaceutical Group, Cl A    5,000    14,430 
Shenzhen Kangtai Biological Products, Cl A    3,443    79,051 
Shenzhen Mindray Bio-Medical Electronics, Cl A    4,861    338,365 
Shenzhen Salubris Pharmaceuticals, Cl A    8,100    43,960 
Shijiazhuang Yiling Pharmaceutical, Cl A    6,391    24,268 
Sichuan Kelun Pharmaceutical, Cl A    13,300    39,332 
Sinopharm Group, Cl H    106,600    260,387 
Tianjin Chase Sun Pharmaceutical, Cl A    13,700    8,656 
Tonghua Dongbao Pharmaceutical, Cl A    19,205    33,332 
Topchoice Medical, Cl A *    1,580    74,552 
Walvax Biotechnology, Cl A    8,100    49,795 
Winning Health Technology Group, Cl A    10,070    23,809 
WuXi AppTec, Cl A    11,020    284,565 
WuXi AppTec, Cl H    21,240    506,768 
Wuxi Biologics Cayman *    106,680    1,501,032 
Yifan Pharmaceutical, Cl A    6,000    16,989 
Yunnan Baiyao Group, Cl A    7,610    157,087 
Zai Lab ADR *    5,053    808,834 
Zhangzhou Pientzehuang Pharmaceutical, Cl A    3,526    163,419 
Zhejiang Huahai Pharmaceutical, Cl A    6,910    26,292 
Zhejiang NHU, Cl A    11,100    64,015 
Zhejiang Wolwo Bio-Pharmaceutical, Cl A    2,323    33,538 
TOTAL CHINA         13,336,069 

 

 

 

 

tm2110525d2_nporteximg04 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Health Care ETF

 

   Shares   Value 
COMMON STOCK — continued
HONG KONG— 6.8%          
Health Care — 6.8%
Hutchison China MediTech ADR *    6,059   $193,343 
Sino Biopharmaceutical    752,700    701,849 
SSY Group    159,100    83,922 
TOTAL HONG KONG         979,114 
TOTAL COMMON STOCK          
(Cost $10,918,847)         14,315,183 
TOTAL INVESTMENTS — 99.9%          
(Cost $10,918,847)        $14,315,183 
           
Percentages are based on Net Assets of $14,325,323.

 

* 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 January 31, 2021 was $157,958 and represented 1.1% 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 January 31, 2021, was $157,958 and represents 1.1% of net assets.

 

ADR — American Depositary Receipt
Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3

    

Total

 
Common Stock  $14,157,225   $—   $157,958   $14,315,183 
Total Investments in Securities  $14,157,225   $—   $157,958   $14,315,183 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI China Health Care ETF

 

   Investments in
Common Stock		 
Beginning Balance as of October 31, 2020   $- 
Transfers out of Level 3   - 
Transfers into Level 3   157,958 
Net purchases   - 
Net sales   - 
Realized gain/(loss)   - 
Change in unrealized appreciation/(depreciation)   - 
Ending Balance as of January 31, 2021  $157,958 

 

For the period ended January 31, 2021, 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) January 31, 2021
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
CHINA— 99.9%          
Financials — 99.9%          
Agricultural Bank of China, Cl A   648,700   $317,218 
Agricultural Bank of China, Cl H   4,299,188    1,552,484 
Avic Capital, Cl A   142,100    90,665 
Bank of Beijing, Cl A   217,400    159,633 
Bank of Chengdu, Cl A   65,900    106,600 
Bank of China Ltd., Cl A   348,900    171,697 
Bank of China Ltd., Cl H   10,921,734    3,704,503 
Bank of Communications, Cl A   350,100    242,398 
Bank of Communications, Cl H   1,660,371    899,367 
Bank of Hangzhou, Cl A   82,445    188,141 
Bank of Jiangsu, Cl A   176,030    150,844 
Bank of Nanjing, Cl A   111,484    138,454 
Bank of Ningbo, Cl A   55,600    332,134 
Bank of Shanghai, Cl A   142,398    179,057 
Caitong Securities, Cl A   55,100    93,749 
Changjiang Securities, Cl A   87,800    105,360 
China Bohai Bank, Cl H *   353,700    191,131 
China Cinda Asset Management, Cl H   2,557,400    484,840 
China CITIC Bank Corp Ltd., Cl H   1,770,922    785,671 
China Construction Bank, Cl A   16,200    17,001 
China Construction Bank, Cl H   6,022,226    4,566,852 
China Everbright   306,300    394,635 
China Everbright Bank, Cl A   377,600    237,405 
China Everbright Bank, Cl H   1,122,800    461,929 
China Galaxy Securities, Cl A   61,000    101,609 
China Galaxy Securities, Cl H   912,400    547,168 
China Great Wall Securities, Cl A   39,600    72,172 
China Huarong Asset Management, Cl H   3,139,900    364,452 
China International Capital, Cl H *   287,000    751,382 
China Life Insurance, Cl A   23,202    130,208 
China Life Insurance, Cl H   947,240    2,010,817 
China Merchants Bank, Cl A   163,229    1,294,855 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
China Merchants Bank, Cl H   545,734   $4,191,268 
China Merchants Securities, Cl A   76,930    308,597 
China Minsheng Banking, Cl A   316,100    250,754 
China Minsheng Banking, Cl H   1,220,526    698,896 
China Pacific Insurance Group, Cl A   56,400    303,729 
China Pacific Insurance Group, Cl H   435,712    1,803,795 
China Taiping Insurance Holdings   362,630    642,589 
China Zheshang Bank, Cl A   122,700    75,049 
Chongqing Rural Commercial Bank, Cl A   78,600    50,638 
Chongqing Rural Commercial Bank, Cl H   980,400    422,311 
CITIC Securities, Cl A   86,600    381,131 
CITIC Securities, Cl H   402,596    885,791 
CSC Financial, Cl A   28,300    175,995 
Dongxing Securities, Cl A   47,000    81,572 
East Money Information, Cl A   77,740    424,805 
Everbright Securities, Cl A   57,357    146,472 
Far East Horizon   530,400    547,238 
First Capital Securities, Cl A   99,300    124,402 
Founder Securities, Cl A *     101,200    152,547 
GF Securities Ltd., Cl A   63,500    156,442 
GF Securities Ltd., Cl H   363,100    531,033 
Guangzhou Yuexiu Financial Holdings Group, Cl A   23,100    51,854 
Guolian Securities, Cl A *     21,600    54,724 
Guosen Securities, Cl A   59,045    116,960 
Guotai Junan Securities, Cl A   74,344    189,044 
Guoyuan Securities, Cl A   75,820    94,986 
Haitong Securities Ltd., Cl A   100,900    192,037 
Haitong Securities Ltd., Cl H   660,900    588,974 
Hithink RoyalFlush Information Network, Cl A   7,520    138,676 
Huaan Securities Ltd., Cl A   74,700    78,044 
Huatai Securities Ltd., Cl A   69,800    188,433 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Huatai Securities Ltd., Cl H   354,300   $564,771 
Huaxi Securities, Cl A   54,200    85,150 
Huaxia Bank, Cl A   141,800    134,279 
Hubei Biocause Pharmaceutical, Cl A   122,100    75,250 
Industrial & Commercial Bank of China, Cl A   224,400    177,314 
Industrial & Commercial Bank of China, Cl H   7,457,937    4,761,091 
Industrial Bank, Cl A   183,600    658,397 
Industrial Securities, Cl A   93,700    120,004 
Jiangsu Changshu Rural Commercial Bank, Cl A   61,900    66,689 
Lufax Holding ADR * (A)     23,172    369,361 
Nanjing Securities, Cl A   51,200    84,252 
New China Life Insurance C, Cl A   21,617    162,187 
New China Life Insurance C, Cl H   173,111    646,332 
Noah Holdings ADR *     11,409    543,068 
Northeast Securities, Cl A   53,600    73,723 
Oceanwide Holdings, Cl A   71,400    32,476 
Orient Securities, Cl A   75,200    118,608 
Pacific Securities, Cl A *     139,300    70,713 
People's Insurance Group of China, Cl A   89,400    83,687 
People's Insurance Group of China, Cl H   1,942,800    598,837 
PICC Property & Casualty, Cl H   1,178,863    860,523 
Ping An Bank, Cl A   5,700    20,432 
Ping An Insurance Group of China, Cl A   1,600    19,642 
Ping An Insurance Group of China, Cl H   405,114    4,770,134 
Postal Savings Bank of China, Cl A   117,900    100,299 
Postal Savings Bank of China, Cl H   1,569,800    1,121,597 
Qingdao Rural Commercial Bank, Cl A   108,800    76,512 
SDIC Capital, Cl A   47,100    93,810 
Sealand Securities, Cl A   108,310    86,928 
Shanghai Pudong Development Bank, Cl A   258,714    400,020 
Shanxi Securities, Cl A   76,540    92,680 
Shenwan Hongyuan Group, Cl A   234,900    170,660 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021
 
Global X MSCI China Financials ETF

 

   Shares   Value 
COMMON STOCK — continued          
Sinolink Securities, Cl A   57,100   $126,137 
SooChow Securities, Cl A   72,080    97,910 
Southwest Securities, Cl A   131,700    100,999 
Tianfeng Securities, Cl A   100,600    82,771 
Western Securities, Cl A   74,100    113,882 
Zheshang Securities, Cl A   49,000    100,713 
ZhongAn Online P&C Insurance, Cl H * (A)     96,000    591,809 
TOTAL CHINA        53,346,864 
TOTAL COMMON STOCK          
(Cost $55,117,725)        53,346,864 
           
SHORT-TERM INVESTMENT(B)(C) — 1.4%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $731,590)   731,590    731,590 
TOTAL INVESTMENTS — 101.3%          
(Cost $55,849,315)       $54,078,454 

 

Percentages are based on Net Assets of $53,382,787.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $720,878.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $731,590.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

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

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 95.3%          
Information Technology — 95.3%
360 Security Technology, Cl A   52,959   $133,761 
AAC Technologies Holdings    181,700    987,722 
Accelink Technologies, Cl A   6,300    25,311 
Addsino, Cl A   17,100    65,940 
AVIC Jonhon Optronic Technology, Cl A   12,400    133,786 
Beijing BDStar Navigation, Cl A *   4,500    31,632 
Beijing E-Hualu Information Technology, Cl A   5,740    24,451 
Beijing Shiji Information Technology, Cl A   20,800    108,010 
Beijing Sinnet Technology, Cl A   14,700    37,425 
Beijing Thunisoft, Cl A   6,800    20,690 
BOE Technology Group, Cl A   515,100    494,177 
BYD Electronic International   180,500    1,250,068 
Chaozhou Three-Circle Group, Cl A   33,789    204,938 
China Greatwall Technology Group, Cl A   32,000    86,040 
China National Software & Service, Cl A   5,600    54,377 
China TransInfo Technology, Cl A   15,400    42,554 
DHC Software, Cl A   70,200    80,971 
Fiberhome Telecommunication Technologies, Cl A   11,300    35,189 
Foxconn Industrial Internet, Cl A   68,350    151,626 
GCL System Integration Technology, Cl A *   83,100    52,118 
GDS Holdings ADR *   18,781    1,944,961 
Gigadevice Semiconductor Beijing, Cl A   5,424    153,248 
GoerTek, Cl A   73,700    379,847 
GRG Banking Equipment, Cl A   25,500    35,707 
Guangzhou Haige Communications Group, Cl A   50,800    73,263 
Guangzhou Shiyuan Electronic Technology, Cl A   7,700    163,045 
Hangzhou First Applied Material, Cl A   7,000    108,244 
Hangzhou Silan Microelectronics, Cl A   12,700    44,241 
Hengtong Optic-electric, Cl A   53,600    102,430 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Hua Hong Semiconductor *   139,700   $842,288 
Huagong Tech, Cl A   9,600    33,964 
Hundsun Technologies, Cl A   23,981    361,596 
Iflytek   41,550    301,547 
Ingenic Semiconductor, Cl A *   3,900    41,230 
Inspur Electronic Information Industry, Cl A   15,252    61,442 
JA Solar Technology, Cl A *   11,200    62,088 
Kingboard Holdings   192,400    787,828 
Kingdee International Software Group   541,900    2,187,491 
Kingsoft   202,600    1,567,738 
Kingsoft Cloud Holdings ADR *   10,550    530,349 
Lakala Payment, Cl A   7,700    34,306 
Lenovo Group   1,730,800    2,037,982 
Lens Technology, Cl A   77,400    401,320 
Leyard Optoelectronic, Cl A   26,900    26,350 
Lingyi iTech Guangdong, Cl A   66,497    106,430 
LONGi Green Energy Technology, Cl A   65,855    1,099,517 
Luxshare Precision Industry, Cl A   105,852    872,562 
Maxscend Microelectronics, Cl A   1,655    162,375 
NAURA Technology Group, Cl A   5,608    174,465 
Ninestar, Cl A   23,670    98,881 
OFILM Group, Cl A   63,300    101,018 
Sanan Optoelectronics, Cl A   92,200    423,238 
Sangfor Technologies, Cl A   4,610    212,764 
SG Micro, Cl A   1,600    75,384 
Shanghai Baosight Software, Cl A   9,400    97,157 
Shengyi Technology, Cl A   25,600    101,380 
Shennan Circuits, Cl A   5,482    91,349 
Shenzhen Goodix Technology, Cl A   5,150    111,520 
Shenzhen Kaifa Technology, Cl A   14,100    45,266 
Shenzhen SC New Energy Technology, Cl A   3,300    68,309 
Shenzhen Sunway Communication, Cl A   9,800    48,866 
Sunny Optical Technology Group   143,670    3,783,593 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Suzhou Dongshan Precision Manufacturing, Cl A   34,000   $115,169 
Thunder Software Technology, Cl A   4,600    105,123 
Tianjin 712 Communication & Broadcasting, Cl A   7,600    48,868 
Tianjin Zhonghuan Semiconductor, Cl A   34,000    143,882 
Tianma Microelectronics, Cl A   57,300    142,680 
Tianshui Huatian Technology, Cl A   27,600    60,799 
TongFu Microelectronics, Cl A *   12,900    54,971 
Travelsky Technology, Cl H   271,500    606,457 
Unigroup Guoxin Microelectronics, Cl A   6,700    125,707 
Unisplendour, Cl A   32,113    102,596 
Universal Scientific Industrial Shanghai, Cl A   14,100    36,292 
Venustech Group, Cl A   8,100    41,634 
Visionox Technology, Cl A *   13,100    19,340 
Wangsu Science & Technology, Cl A   51,500    48,049 
Will Semiconductor, Cl A   9,919    445,887 
Wingtech Technology, Cl A   14,440    236,226 
Wuhan Guide Infrared, Cl A   17,570    116,276 
Wuhu Token Science, Cl A   22,800    26,688 
WUS Printed Circuit Kunshan, Cl A   17,100    45,553 
Wuxi Lead Intelligent Equipment, Cl A   18,070    251,064 
Wuxi Taiji Industry, Cl A   19,200    24,262 
Xiaomi, Cl B *   1,124,100    4,233,216 
Xinyi Solar Holdings   928,600    2,035,919 
Yealink Network Technology, Cl A   8,400    104,634 
Yonyou Network Technology, Cl A   53,156    355,575 
Zhejiang Dahua Technology, Cl A   69,693    263,770 
Zhejiang Jingsheng Mechanical & Electrical, Cl A   14,300    89,108 
Zhongji Innolight, Cl A   7,200    57,898 
ZTE, Cl A   60,731    303,483 
ZTE, Cl H   205,900    586,856 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Information Technology ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL CHINA       $34,805,347 
HONG KONG— 4.6%          
Information Technology — 4.6%
China Youzan Ltd.    2,685,900    1,160,426 
Kingboard Laminates Holdings   346,100    559,734 
TOTAL HONG KONG        1,720,160 
TOTAL COMMON STOCK          
(Cost $27,794,543)        36,525,507 
TOTAL INVESTMENTS — 99.9%          
(Cost $27,794,543)       $36,525,507 

 

Percentages are based on Net Assets of $36,555,365.

 

* Non-income producing security.

 

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

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI China Communication Services ETF

 

   Shares   Value
COMMON STOCK — 100.0%
CHINA— 97.9%         
Communication Services — 97.9%
Autohome ADR    6,390   $704,370
Baidu ADR *    11,274    2,649,615
Beijing Enlight Media, Cl A    191,000    388,425
Beijing Kunlun Tech, Cl A    102,500    381,572
Bilibili ADR *    10,496    1,195,389
China Film, Cl A    152,281    292,900
China Literature *    600    5,726
China South Publishing & Media Group, Cl A    175,772    256,496
China Tower, Cl H    3,381,700    488,467
DouYu International Holdings ADR *    27,705    363,767
Focus Media Information Technology, Cl A    339,100    571,690
G-bits Network Technology Xiamen, Cl A    5,564    296,276
Giant Network Group, Cl A    127,400    341,756
HUYA ADR * (A)    17,945    464,596
iQIYI ADR *    27,165    593,555
JOYY ADR    6,391    588,228
Leo Group, Cl A    658,200    321,863
Mango Excellent Media, Cl A    46,320    582,447
Momo ADR    26,804    409,565
NanJi E-Commerce, Cl A    138,800    210,517
NetEase ADR    17,591    2,022,789
Oriental Pearl Group, Cl A    253,600    343,296
Perfect World, Cl A    89,310    378,223
SINA * (A)    11,696    489,127
Tencent Holdings    21,315    1,873,414
Tencent Music Entertainment Group ADR *    217    5,772
Weibo ADR *    9,767    445,180
Wuhu Sanqi Interactive Entertainment Network Technology Group, Cl A    88,751    445,295
Zhejiang Century Huatong Group, Cl A *    289,520    279,109
         17,389,425

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Communication Services ETF

 

   Shares   Value
COMMON STOCK — continued         
Information Technology — 0.0%         
National Agricultural Holdings *(B)(C)(D)    204,200   $2
TOTAL CHINA         17,389,427
HONG KONG— 2.1%         
Communication Services — 2.1%         
Alibaba Pictures Group *    2,869,300    362,648
TOTAL COMMON STOCK         
(Cost $14,232,454)         17,752,075
          
SHORT-TERM INVESTMENT(E)(F) — 4.1%         
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%         
(Cost $735,621)    735,621    735,621
          
TOTAL INVESTMENTS — 104.1%         
(Cost $14,968,075)        $18,487,696

 

Percentages are based on Net Assets of $17,763,194.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $715,420.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of January 31, 2021 was $2 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 January 31, 2021, was $2 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 January 31, 2021, was $735,621.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Communication Services ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total
Common Stock  $17,752,073   $—   $2   $17,752,075
Short-Term Investment   735,621    —    —    735,621
Total Investments in Securities  $18,487,694   $—   $2   $18,487,696

 

(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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI China Utilities ETF

 

   Shares   Value 
COMMON STOCK — 100.1%
CHINA— 100.1%          
Utilities — 100.1%
Beijing Enterprises Holdings   20,400   $66,826 
Beijing Enterprises Water Group   169,600    69,119 
CGN Power, Cl H   310,400    66,853 
China Gas Holdings    37,990    134,246 
China Longyuan Power Group, Cl H    84,400    123,653 
China National Nuclear Power, Cl A    73,100    58,442 
China Power International Development    279,900    62,811 
China Resources Gas Group    28,620    143,214 
China Resources Power Holdings    62,650    66,336 
China Yangtze Power, Cl A    45,000    137,479 
ENN Energy Holdings    10,330    160,136 
Guangdong Investment    78,460    137,819 
Huadian Power International, Cl A    46,500    23,244 
Huaneng Power International, Cl A    23,100    14,954 
Huaneng Power International, Cl H    121,700    43,162 
Kunlun Energy    84,460    72,218 
Luenmei Quantum, Cl A    10,700    16,112 
SDIC Power Holdings, Cl A    33,400    45,058 
Shanghai Electric Power, Cl A    17,900    18,868 
Shenergy, Cl A    33,900    26,892 
Shenzhen Energy Group, Cl A    27,180    26,371 
Sichuan Chuantou Energy, Cl A    27,200    46,237 
TOTAL CHINA         1,560,050 
TOTAL COMMON STOCK          
(Cost $1,454,800)        $1,560,050 

 

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI China Utilities ETF

 

   Face Amount   Value 
U.S. TREASURY OBLIGATION — 12.8%
United States Treasury Bill          
0.034%,  02/18/21(A)          
(Cost $199,997)   $200,000   $199,996 
TOTAL INVESTMENTS — 112.9%          
(Cost $1,654,797)        $1,760,046 

 

Percentages are based on Net Assets of $1,558,884.

 

(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 January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $1,560,050   $—   $—   $1,560,050 
U.S. Treasury Obligation   —    199,996    —    199,996 
Total Investments in Securities  $1,560,050   $199,996   $—   $1,760,046 

 

For the period ended January 31, 2021, 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.

 

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

 

 

 

 

 

 

Schedule of Investments (Unaudited)  January 31, 2021

 

Global X MSCI China Real Estate ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
CHINA— 96.4%          
Real Estate — 96.4%
Agile Group Holdings    99,700   $124,467 
China Aoyuan Group    101,800    89,933 
China Evergrande Group    131,300    252,987 
China Fortune Land Development, Cl A (A)(B)    18,720    27,463 
China Jinmao Holdings Group    405,600    159,544 
China Merchants Property Operation & Service, Cl A    4,100    12,329 
China Merchants Shekou Industrial Zone Holdings, Cl A    31,600    57,984 
China Overseas Land & Investment    248,400    559,984 
China Overseas Property Holdings    82,100    50,824 
China Resources Land    148,400    591,391 
China Vanke, Cl A    12,200    52,632 
China Vanke, Cl H    78,300    281,235 
CIFI Holdings Group    240,400    198,115 
Country Garden Holdings    502,100    606,753 
Financial Street Holdings, Cl A    28,700    26,911 
Gemdale, Cl A    28,600    48,084 
Greenland Holdings Group, Cl A    49,400    41,335 
Greentown China Holdings    56,000    73,667 
Guangzhou R&F Properties    141,100    174,149 
Hopson Development Holdings    43,000    110,025 
Jiangsu Zhongnan Construction Group, Cl A    14,700    17,663 
Jinke Properties Group, Cl A    40,300    43,480 
Kaisa Group Holdings    214,000    99,081 
KE Holdings ADR *    5,718    337,934 
KWG Group Holdings    97,100    129,235 
Logan Property Holdings    105,100    157,504 
Longfor Group Holdings    108,800    615,291 
Poly Developments and Holdings Group, Cl A    48,153    103,233 
Poly Property Services    7,400    55,735 
RiseSun Real Estate Development, Cl A    33,200    32,367 

 

 

 

 

 

Schedule of Investments (Unaudited)January 31, 2021

 

Global X MSCI China Real Estate ETF

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Seazen Group    170,200   $156,067 
Seazen Holdings, Cl A    10,900    71,492 
Shanghai Lingang Holdings, Cl A    5,100    15,035 
Shanghai Lujiazui Finance & Trade Zone Development, Cl B    105,269    84,215 
Shanghai Zhangjiang High-Tech Park Development, Cl A    9,400    25,187 
Shenzhen Investment    286,900    95,093 
Shimao Group Holdings    80,100    232,949 
Sunac China Holdings    165,600    618,288 
Xinhu Zhongbao, Cl A    81,800    38,350 
Yango Group, Cl A    15,800    14,864 
Youngor Group, Cl A    18,000    19,840 
Yuexiu Property    605,100    118,619 
Zhenro Properties Group    101,400    59,241 
Zhongtian Financial Group, Cl A *    26,800    11,233 
TOTAL CHINA         6,691,808 
HONG KONG— 3.6%          
Real Estate — 3.6%
Wharf Holdings    114,600    253,325 
TOTAL COMMON STOCK          
(Cost $7,749,133)         6,945,133 
TOTAL INVESTMENTS — 100.0%          
(Cost $7,749,133)        $6,945,133 
           
Percentages are based on Net Assets of $6,946,094.

 

* Non-income producing security.
(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 January 31, 2021, was $27,463 and represents 0.4% of net assets.

 

ADR — American Depositary Receipt
Cl — Class
 

 

 

 

 

 

Schedule of Investments (Unaudited)January 31, 2021

 

Global X MSCI China Real Estate ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3(1)   Total 
Common Stock  $6,917,670   $—   $27,463   $6,945,133 
Total Investments in Securities  $6,917,670   $—   $27,463   $6,945,133 

 

(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 January 31, 2021, 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) January 31, 2021

 

  Global X MSCI China Large-Cap 50 ETF

 

   Shares   Value 
COMMON STOCK — 99.5%
CHINA— 99.5%          
Communication Services — 15.9%
Baidu ADR *    1,633   $383,788 
NetEase ADR    2,508    288,395 
Tencent Holdings    11,383    1,000,472 
         1,672,655 
Consumer Discretionary — 36.9%
Alibaba Group Holding ADR *    3,385    859,214 
ANTA Sports Products    7,000    115,826 
BYD, Cl A    2,547    97,663 
China Tourism Group Duty Free, Cl A    3,058    139,569 
Geely Automobile Holdings    33,800    123,581 
JD.com ADR *    4,391    389,438 
Meituan, Cl B *    15,689    719,918 
New Oriental Education & Technology Group ADR *    1,027    172,023 
NIO ADR *    7,166    408,461 
Pinduoduo ADR *    1,629    269,942 
Shenzhou International Group Holdings    6,800    133,390 
TAL Education Group ADR *    2,523    193,968 
Trip.com Group ADR *    3,253    103,543 
Yum China Holdings    2,824    160,149 
         3,886,685 
Consumer Staples — 12.7%
China Mengniu Dairy    24,700    147,330 
Foshan Haitian Flavouring & Food, Cl A    5,240    160,373 
Kweichow Moutai, Cl A    1,756    576,873 
Luzhou Laojiao, Cl A    2,100    84,011 
Muyuan Foods, Cl A    5,980    82,529 
Wuliangye Yibin, Cl A    6,438    290,975 
         1,342,091 
Financials — 17.5%
Bank of China Ltd., Cl H    490,800    166,473 
China Construction Bank, Cl H    478,500    362,861 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI China Large-Cap 50 ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
China Life Insurance, Cl H    52,950   $112,403 
China Merchants Bank, Cl H    26,950    206,978 
CITIC Securities, Cl A    18,800    82,740 
Industrial & Commercial Bank of China, Cl H    344,400    219,862 
Industrial Bank, Cl A    36,333    130,292 
Ping An Bank, Cl A    35,664    127,837 
Ping An Insurance Group of China, Cl H    30,440    358,425 
Shanghai Pudong Development Bank, Cl A    51,500    79,629 
         1,847,500 
Health Care — 4.6%
Jiangsu Hengrui Medicine, Cl A    9,296    149,737 
Shenzhen Mindray Bio-Medical Electronics, Cl A    1,827    127,174 
Wuxi Biologics Cayman *    14,940    210,212 
         487,123 
Industrials — 3.6%
Contemporary Amperex Technology, Cl A    4,063    223,351 
SF Holding, Cl A    5,300    81,446 
ZTO Express Cayman ADR *    2,250    74,430 
         379,227 
Information Technology — 4.9%
Luxshare Precision Industry, Cl A    13,199    108,802 
Sunny Optical Technology Group    5,710    150,375 
Xiaomi, Cl B *    68,200    256,832 
         516,009 
Materials — 0.7%
Wanhua Chemical Group, Cl A    4,400    76,366 
Real Estate — 1.6%
China Resources Land    23,500    93,651 
China Vanke, Cl A    17,600    75,928 
         169,579 
Utilities — 1.1%
China Yangtze Power, Cl A    38,284    116,962 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI China Large-Cap 50 ETF

 

   Value 
COMMON STOCK — continued     
TOTAL CHINA   $10,494,197 
TOTAL COMMON STOCK     
(Cost $8,388,322)    10,494,197 
TOTAL INVESTMENTS — 99.5%     
(Cost $8,388,322)   $10,494,197 

 

Percentages are based on Net Assets of $10,545,931.

 

* Non-income producing security.

 

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

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI Greece ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
GREECE— 95.9%          
Communication Services — 16.3%
Hellenic Telecommunications Organization   1,623,807   $23,673,244 
Consumer Discretionary — 19.3%
FF Group *(A)(B)(C)   452,712    5,500 
FF Group ADR *(A)(B)(C)   200,300    2,433 
JUMBO   385,586    6,066,429 
JUMBO ADR (D)   340,000    5,349,220 
OPAP   673,100    8,275,652 
OPAP ADR (D)   1,404,900    8,429,400 
         28,128,634 
Consumer Staples — 2.1%
Sarantis   285,569    3,146,737 
Energy — 9.7%
GasLog (D)   557,165    2,284,377 
Hellenic Petroleum   539,188    3,596,290 
Motor Oil Hellas Corinth Refineries   292,386    4,120,564 
Motor Oil Hellas Corinth Refineries ADR   368,300    2,595,189 
Tsakos Energy Navigation (D)   176,003    1,467,865 
         14,064,285 
Financials — 21.3%
Alpha Bank AE *   7,563,377    6,937,529 
Eurobank Ergasias Services and Holdings *   15,194,631    10,141,938 
Hellenic Exchanges - Athens Stock Exchange   572,967    2,432,870 
National Bank of Greece *   3,620,924    8,582,598 
Piraeus Financial Holdings *   2,590,905    2,832,932 
         30,927,867 
Industrials — 10.5%
Aegean Airlines *   323,389    1,610,836 
Ellaktor *   1,401,378    2,383,556 
GEK Terna Holding Real Estate Construction *   487,655    4,247,897 
Mytilineos ADR   426,200    6,244,555 
Mytilineos   57,006    835,238 
         15,322,082 

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Greece ETF

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — 3.2%          
LAMDA Development *   599,232   $4,630,141 
Utilities — 13.5%          
Athens Water Supply & Sewage   382,076    3,040,417 
Holding ADMIE IPTO   1,052,861    3,057,110 
Public Power * (D)   840,461    7,213,929 
Terna Energy   373,099    6,373,112 
         19,684,568 
TOTAL GREECE        139,577,558 
UNITED STATES— 4.0%          
Materials — 4.0%          
Titan Cement International   336,925    5,878,003 
TOTAL COMMON STOCK          
(Cost $185,563,447)        145,455,561 
SHORT-TERM INVESTMENT(E)(F) — 4.0%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $5,783,281)   5,783,281    5,783,281 
TOTAL INVESTMENTS — 103.9%          
(Cost $191,346,728)       $151,238,842 

 

Percentages are based on Net Assets of $145,518,723.

 

* 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 January 31, 2021 was $7,933 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 January 31, 2021, was $7,933 and represents 0.0% of net assets.
(D) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $5,718,896.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $5,783,281.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Greece ETF

 

ADR — American Depositary Receipt
Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total 
Common Stock  $145,447,628   $—   $7,933   $145,455,561 
Short-Term Investment   5,783,281    —    —    5,783,281 
Total Investments in Securities  $151,230,909   $—   $7,933   $151,238,842 

 

(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 January 31, 2021, 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) January 31, 2021  

 

Global X MSCI Norway ETF 
  
   Shares   Value 
COMMON STOCK — 99.9%
BRAZIL— 4.9%          
Materials — 4.9%
Yara International   41,712   $1,953,204 
FAROE ISLANDS— 2.3%          
Consumer Staples — 2.3%
Bakkafrost P/F *   13,256    938,449 
FRANCE— 2.3%          
Communication Services — 2.3%
Adevinta, Cl B *   61,572    920,022 
NORWAY— 88.2%          
Communication Services — 11.0%
Schibsted, Cl A *   14,187    537,095 
Schibsted, Cl B *   25,842    837,536 
Telenor   179,969    2,988,980 
         4,363,611 
Consumer Discretionary — 0.7%
Europris   44,199    245,362 
XXL *   20,083    49,122 
         294,484 
Consumer Staples — 15.2%
Austevoll Seafood   27,126    271,801 
Grieg Seafood *   13,597    127,338 
Leroy Seafood Group   81,783    573,718 
Mowi   113,398    2,519,749 
Norway Royal Salmon   3,535    80,843 
Orkla   167,159    1,630,362 
Salmar   14,409    870,981 
         6,074,792 
Energy — 13.7%
BW Offshore   24,830    97,718 
DNO International *   198,355    158,351 
Equinor   250,808    4,540,845 
Frontline   28,717    167,878 
Ocean Yield   21,406    60,442 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021  
   
Global X MSCI Norway ETF
         
   Shares   Value 
COMMON STOCK — continued
Energy — continued
TGS Nopec Geophysical   31,399   $421,079 
         5,446,313 
Financials — 23.5%
Aker, Cl A   6,819    544,535 
DnB *   243,162    4,774,850 
Gjensidige Forsikring   52,327    1,211,365 
Norwegian Finance Holding   32,549    276,286 
Protector Forsikring *   22,095    161,974 
Sbanken   20,164    159,842 
Sparebank 1 Nord Norge   28,725    261,291 
Sparebank 1 Oestlandet   8,999    104,794 
SpareBank 1 SMN   36,529    429,655 
SpareBank 1 SR-Bank   45,282    500,312 
Storebrand *   123,499    956,751 
         9,381,655 
Industrials — 9.8%
Bonheur    4,982    130,186 
Golden Ocean Group   29,673    140,924 
Hexagon Composites *   21,873    159,068 
Hexagon Purus Holding *   788    5,537 
Kongsberg Gruppen   22,784    442,736 
NEL, Cl A *   331,050    1,190,595 
Stolt-Nielsen   9,340    130,388 
TOMRA Systems   28,491    1,315,797 
Veidekke   26,903    325,241 
Wallenius Wilhelmsen, Cl B *   27,027    67,623 
         3,908,095 
Information Technology — 2.8%
Atea    23,953    366,873 
Crayon Group Holding *   7,456    104,609 
Nordic Semiconductor *   39,555    612,775 
Pexip Holding *   5,792    56,072 
         1,140,329 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021 
    
Global X MSCI Norway ETF 
  
   Shares   Value 
COMMON STOCK — continued
Materials — 5.5%
Borregaard    26,645   $489,725 
Elkem    61,491    188,795 
Norsk Hydro    344,190    1,534,035 
         2,212,555 
Real Estate — 2.7%
Entra    43,915    979,146 
Selvaag Bolig    16,904    103,168 
         1,082,314 
Utilities — 3.3%
Fjordkraft Holding    21,741    185,815 
Scatec    29,369    1,119,414 
         1,305,229 
TOTAL NORWAY        35,209,377 
SINGAPORE— 0.6%          
Energy — 0.6%
BW LPG    26,714    175,846 
Hafnia    26,604    45,164 
TOTAL SINGAPORE        221,010 
UNITED KINGDOM— 1.6%          
Energy — 1.6%
FLEX LNG (A)   7,186    57,972 
Subsea 7 *   61,622    579,696 
TOTAL UNITED KINGDOM        637,668 
TOTAL COMMON STOCK          
(Cost $42,778,997)        39,879,730 

 

 

 

 

 

Schedule of Investments (Unaudited)   January 31, 2021  
       
Global X MSCI Norway ETF
 
    Shares     Value  
SHORT-TERM INVESTMENT(B)(C) — 0.1%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%                
(Cost $35,473)     35,473     $ 35,473  
TOTAL INVESTMENTS — 100.0%                
(Cost $42,814,470)           $ 39,915,203  

 

Percentages are based on Net Assets of $39,900,940.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $34,028.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $35,473.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X DAX Germany ETF

 

   Shares   Value 
COMMON STOCK — 95.8%
GERMANY— 86.0%          
Communication Services — 4.5%
Deutsche Telekom    82,962   $1,481,626 
Consumer Discretionary — 21.4%
adidas *    4,663    1,484,256 
Allianz    10,603    2,402,682 
Bayerische Motoren Werke    8,222    699,326 
Continental    2,799    393,610 
Daimler    21,596    1,524,899 
Delivery Hero *    3,829    583,810 
         7,088,583 
Consumer Staples — 0.8%
Beiersdorf    2,541    278,886 
Financials — 6.8%
Deutsche Bank *    53,607    545,051 
Deutsche Boerse    4,706    758,119 
Muenchener Rueckversicherungs-Gesellschaft in Muenchen    3,600    956,956 
         2,260,126 
Health Care — 9.0%
Bayer    25,271    1,532,483 
Fresenius & KGaA    10,665    476,427 
Fresenius Medical Care & KGaA    5,145    417,546 
Merck KGaA    3,355    561,266 
         2,987,722 
Industrials — 13.7%
Deutsche Post    25,327    1,255,719 
MTU Aero Engines    1,373    320,268 
Siemens    19,269    2,995,075 
         4,571,062 
Information Technology — 14.2%
Infineon Technologies    33,462    1,346,635 
SAP    26,551    3,380,525 
         4,727,160 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X DAX Germany ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 7.5%
BASF    23,640   $1,833,220 
Covestro    5,000    341,145 
HeidelbergCement    3,820    283,190 
         2,457,555 
Real Estate — 4.0%
Deutsche Wohnen    8,262    410,335 
Vonovia    13,623    912,602 
         1,322,937 
Utilities — 4.1%
E.ON    57,412    608,918 
RWE    17,348    747,361 
         1,356,279 
TOTAL GERMANY         28,531,936 
UNITED KINGDOM— 9.8%          
Materials — 9.8%
Linde    13,245    3,250,465 
TOTAL COMMON STOCK          
(Cost $29,882,981)         31,782,401 
PREFERRED STOCK — 4.1%
GERMANY— 4.1%          
Consumer Discretionary — 2.7%          
Volkswagen (A)    4,701    893,471 
Consumer Staples — 1.4%          
Henkel & KGaA (A)    4,526    470,135 
TOTAL PREFERRED STOCK          
(Cost $1,412,956)         1,363,606 
TOTAL INVESTMENTS — 99.9%          
(Cost $31,295,937)        $33,146,007 

 

Percentages are based on Net Assets of $33,171,822.

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X DAX Germany ETF

 

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

 

As of January 31, 2021, 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 January 31, 2021, 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)January 31, 2021

 

Global X MSCI Portugal ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 4.0%          
Industrials — 4.0%
Fosun International    407,190   $619,672 
PORTUGAL— 90.1%          
Communication Services — 6.1%
NOS SGPS    197,322    680,826 
Pharol SGPS * (A)    1,150,925    171,427 
Sonaecom    52,936    90,037 
         942,290 
Consumer Discretionary — 0.9%
Ibersol SGPS *    24,609    145,900 
Consumer Staples — 13.3%
Jeronimo Martins    82,483    1,350,316 
Sonae    903,493    725,552 
         2,075,868 
Energy — 11.9%
Galp Energia    184,862    1,860,501 
Financials — 4.4%
Banco Comercial Portugues, Cl R *    4,954,694    687,425 
Banco Espirito Santo *(B)(C)(D)    2,085,614    — 
BANIF - Banco Internacional do Funchal *(B)(C)(D)    55,479,410    13 
         687,438 
Industrials — 5.3%
CTT-Correios de Portugal *    204,874    594,877 
Mota-Engil * (A)    142,505    238,919 
         833,796 
Information Technology — 0.6%
Novabase SGPS *    21,343    85,568 
Materials — 17.5%
Altri    123,505    737,630 
Corticeira Amorim SGPS    54,707    740,406 
Navigator    245,809    738,821 
Ramada Investimentos E Industria * (A)    10,825    60,102 

 

 

 

 

 

 

Schedule of Investments (Unaudited)January 31, 2021

 

Global X MSCI Portugal ETF

 

    Shares/Face Amount    Value 
COMMON STOCK — continued          
Materials — continued          
Semapa-Sociedade de Investimento e Gestao    41,893   $445,340 
         2,722,299 
Utilities — 30.1%
Energias de Portugal    632,193    3,972,376 
REN - Redes Energeticas Nacionais    251,626    716,870 
         4,689,246 
TOTAL PORTUGAL         14,042,906 
SPAIN— 5.8%          
Utilities — 5.8%
EDP Renovaveis    32,941    902,455 
TOTAL COMMON STOCK          
(Cost $20,239,959)         15,565,033 
U.S. TREASURY OBLIGATION — 6.4%
United States Treasury Bill          
0.035%,  02/18/21(E)          
(Cost $999,984)   $1,000,000    999,980 
SHORT-TERM INVESTMENT(F)(G) — 1.8%
Fidelity Investments Money Market           
Government Portfolio, Cl Institutional, 0.010%          
(Cost $286,319)    286,319    286,319 
TOTAL INVESTMENTS — 108.1%          
(Cost $21,526,262)        $16,851,332 

 

Percentages are based on Net Assets of $15,591,625.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $267,550.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of January 31, 2021 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 January 31, 2021, was $13 and represents 0.0% of net assets.

(E) The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(F) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $286,319.
(G) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class 

 

 

 

 

Schedule of Investments (Unaudited)January 31, 2021

 

Global X MSCI Portugal ETF

 

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:

 

Investments in Securities     Level 1       Level 2       Level 3(1)       Total  
Common Stock   $ 15,565,020     $ —     $ 13      $ 15,565,033  
U.S. Treasury Obligation     —       999,980       —       999,980  
Short-Term Investment     286,319       —       —       286,319  
Total Investments in Securities   $ 15,851,339     $ 999,980     $ 13      $ 16,851,332  

 

(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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI Colombia ETF

 

   Shares   Value
COMMON STOCK — 91.2%
CANADA— 1.6%         
Energy — 1.6%
Parex Resources *    47,009   $712,063
CHILE— 4.3%         
Energy — 2.4%
Empresas COPEC    98,083    1,034,032
Utilities — 1.9%
Enel Americas    5,423,314    818,444
TOTAL CHILE         1,852,476
COLOMBIA— 83.6%         
Communication Services — 1.4%
Millicom International Cellular *    15,990    600,209
Consumer Staples — 4.7%
Grupo Nutresa    300,142    2,056,934
Energy — 13.0%
Canacol Energy    391,588    1,115,801
Ecopetrol ADR    399,581    4,547,232
         5,663,033
Financials — 38.4%
Banco de Bogota    60,766    1,423,411
BanColombia    402,568    3,459,906
BanColombia ADR    183,707    6,464,649
Financiera Colombiana    204,512    1,850,751
Grupo Aval Acciones y Valores ADR (A)    274,118    1,757,097
Grupo de Inversiones Suramericana    269,950    1,721,127
         16,676,941
Materials — 7.4%
Cementos Argos    1,098,479    1,801,807
Grupo Argos    372,960    1,393,213
         3,195,020
Utilities — 18.7%
Celsia ESP    1,163,817    1,569,024
Grupo Energia Bogota ESP    2,586,924    1,897,117

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Colombia ETF

 

   Shares   Value
COMMON STOCK — continued         
Utilities — continued         
Interconexion Electrica    713,767   $4,622,952
         8,089,093
TOTAL COLOMBIA         36,281,230
UNITED STATES— 1.7%         
Materials — 1.7%         
Tecnoglass    108,214    734,773
TOTAL COMMON STOCK         
(Cost $45,342,554)         39,580,542
          
PREFERRED STOCK — 8.5%         
COLOMBIA— 8.5%         
Financials — 7.1%         
Banco Davivienda (B)    221,987    2,101,170
Financiera Colombiana *(B)    39,508    288,511
Grupo Aval Acciones y Valores (B)    1,431,941    465,733
Grupo de Inversiones Suramericana (B)    36,428    209,745
         3,065,159
Materials — 1.4%         
Grupo Argos (B)    213,995    619,077
TOTAL COLOMBIA         3,684,236
TOTAL PREFERRED STOCK         
(Cost $4,315,346)         3,684,236
          
SHORT-TERM INVESTMENT(C)(D) — 3.2%         
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%         
(Cost $1,383,856)    1,383,856    1,383,856
TOTAL INVESTMENTS — 102.9%         
(Cost $51,041,756)        $44,648,634

 

Percentages are based on Net Assets of $43,374,807.

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Colombia ETF

  

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $1,317,332.
(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 January 31, 2021, was $1,383,856.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

As of January 31, 2021, 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 January 31, 2021, 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)      January 31, 2021

 

Global X MSCI Argentina ETF

 

   Shares   Value 
COMMON STOCK — 96.0%
ARGENTINA— 74.5%          
Communication Services — 2.8%
Telecom Argentina ADR    193,675   $1,255,014 
Consumer Discretionary — 30.8%
Despegar.com *    115,014    1,166,242 
MercadoLibre *    7,206    12,823,149 
         13,989,391 
Energy — 4.8%
Transportadora de Gas del Sur ADR * (A)    156,328    784,766 
YPF ADR *    387,887    1,415,787 
         2,200,553 
Financials — 8.1%
Banco BBVA Argentina ADR * (A)    156,936    422,158 
Banco Macro ADR *    98,019    1,305,613 
Grupo Financiero Galicia ADR    231,289    1,725,416 
Grupo Supervielle ADR (A)    138,111    238,932 
         3,692,119 
Industrials — 0.6%
America Airports * (A)    69,766    281,157 
Information Technology — 20.0%
Globant *    47,229    9,067,968 
Materials — 1.5%
Loma Negra Cia Industrial Argentina ADR    131,040    672,235 
Real Estate — 1.5%
Cresud SACIF y A ADR * (A)    71,265    343,497 
IRSA Inversiones y Representaciones ADR    50,446    211,369 
IRSA Propiedades Comerciales ADR    13,645    125,398 
         680,264 
Utilities — 4.4%
Central Puerto ADR *    216,103    494,876 
Empresa Distribuidora Y Comercializadora Norte ADR *    44,574    151,106 
Pampa Energia ADR *    108,667    1,370,291 
         2,016,273 
TOTAL ARGENTINA         33,854,974 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Argentina ETF

 

   Shares/Face Amount   Value 
COMMON STOCK — continued
BRAZIL— 6.9%          
Consumer Discretionary — 3.0%
Arcos Dorados Holdings, Cl A    276,846   $1,367,619 
Consumer Staples — 3.9%
Adecoagro *    234,262    1,747,595 
TOTAL BRAZIL         3,115,214 
CANADA— 6.8%          
Materials — 6.8%
SSR Mining    92,378    1,625,627 
Yamana Gold    315,596    1,474,898 
TOTAL CANADA         3,100,525 
CHILE— 7.8%          
Consumer Staples — 7.8%
Cencosud    942,362    1,641,039 
Cia Cervecerias Unidas    234,348    1,926,551 
TOTAL CHILE         3,567,590 
TOTAL COMMON STOCK          
(Cost $59,219,740)         43,638,303 
U.S. TREASURY OBLIGATION — 15.4%
United States Treasury Bill          
0.032%,  02/18/21(B)          
(Cost $6,999,893)   $7,000,000    6,999,859 
PREFERRED STOCK — 3.9%
CHILE— 3.9%          
Consumer Staples — 3.9%          
Embotelladora Andina (C)          
(Cost $1,694,940)    693,869    1,762,436 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Argentina ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(D)(E) — 3.0%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $1,363,966)    1,363,966   $1,363,966 
TOTAL INVESTMENTS — 118.3%          
(Cost $69,278,539)        $53,764,564 

 

Percentages are based on Net Assets of $45,437,151.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $1,247,159.
(B) The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(C) There’s currently no stated interest rate.
(D) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $1,363,966.
(E) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities   

Level 1

    

Level 2

    

Level 3

    

Total

 
Common Stock  $43,638,303   $—   $—   $43,638,303 
U.S. Treasury Obligation   —    6,999,859    —    6,999,859 
Preferred Stock   1,762,436    —    —    1,762,436 
Short-Term Investment   1,363,966    —    —    1,363,966 
Total Investments in Securities  $46,764,705   $6,999,859   $—   $53,764,564 

 

For the period ended January 31, 2021, 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) January 31, 2021

 

Global X MSCI Pakistan ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
PAKISTAN— 100.0%        
Consumer Discretionary — 3.0%
Honda Atlas Cars Pakistan    201,250   $393,489 
Nishat Mills    985,436    697,636 
         1,091,125 
Energy — 22.4%
Mari Petroleum    141,568    1,244,357 
Oil & Gas Development    3,306,251    2,208,711 
Pakistan Oilfields    556,657    1,414,995 
Pakistan Petroleum    2,804,900    1,605,778 
Pakistan State Oil *    1,186,866    1,801,071 
         8,274,912 
Financials — 27.5%
Bank Al Habib   3,455,267    1,625,081 
Bank Alfalah   3,774,597    861,115 
Habib Bank   3,026,192    2,687,050 
MCB Bank   2,137,025    2,570,569 
National Bank of Pakistan *   2,709,495    712,718 
United Bank    1,981,511    1,692,746 
         10,149,279 
Health Care — 2.3%
Searle   511,810    836,923 
Industrials — 5.1%
Millat Tractors   158,723    1,061,731 
Pak Elektron *   1,677,752    434,932 
Pakistan International Bulk Terminal *   4,681,687    381,552 
         1,878,215 
Materials — 32.9%
DG Khan Cement *   1,179,929    887,867 
Engro   1,338,383    2,570,113 
Engro Fertilizers   2,674,053    1,083,315 
Fauji Cement *   4,049,868    626,734 
Fauji Fertilizer   2,288,250    1,573,516 
Fauji Fertilizer Bin Qasim *   3,021,542    512,129 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Pakistan ETF

 

   Shares/Face Amount   Value 
COMMON STOCK — continued
Materials — continued
International Steels    691,430   $423,257 
Lucky Cement *    668,893    3,038,121 
Maple Leaf Cement Factory *    3,052,882    874,540 
Packages    168,498    547,896 
         12,137,488 
Utilities — 6.8%
Hub Power    3,648,003    1,995,267 
Kot Addu Power    1,968,848    513,960 
         2,509,227 
TOTAL PAKISTAN         36,877,169 
TOTAL COMMON STOCK          
(Cost $33,654,513)         36,877,169 
U.S. TREASURY OBLIGATION — 5.4%
United States Treasury Bill          
0.033%,  02/18/21(A)          
(Cost $1,999,969)   $2,000,000    1,999,960 
TOTAL INVESTMENTS — 105.4%          
(Cost $35,654,482)        $38,877,129 
           
Percentages are based on Net Assets of $36,892,130.

 

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

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $36,877,169   $—   $—   $36,877,169 
U.S. Treasury Obligation   —    1,999,960    —    1,999,960 
Total Investments in Securities  $36,877,169   $1,999,960   $—   $38,877,129 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Pakistan ETF

 

For the period ended January 31, 2021, 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)      January 31, 2021

 

Global X MSCI Nigeria ETF

 

   Shares   Value 
COMMON STOCK — 93.3%
NIGERIA— 90.9%          
Communication Services — 5.1%
Nigeria Communications    5,229,146   $2,397,658 
Consumer Staples — 25.2%
Dangote Sugar Refinery    35,842,141    1,929,438 
Flour Mills of Nigeria    22,802,438    2,004,419 
Nestle Nigeria    1,149,667    4,383,151 
Nigerian Breweries    12,110,528    1,932,776 
UAC of Nigeria    36,106,199    763,741 
Unilever Nigeria *    23,383,901    799,703 
         11,813,228 
Financials — 39.7%
Access Bank    64,276,796    1,514,311 
FBN Holdings    107,555,470    2,070,732 
FCMB Group    162,598,933    1,392,234 
Fidelity Bank    167,957,655    1,157,302 
Guaranty Trust Bank    62,675,911    5,477,692 
Stanbic IBTC Holdings    16,201,294    1,846,886 
Sterling Bank    201,593,633    1,021,374 
United Bank for Africa    82,613,489    1,893,989 
Zenith Bank    31,955,122    2,201,847 
         18,576,367 
Materials — 18.7%
Dangote Cement    10,917,311    6,526,879 
Lafarge Africa    29,096,855    2,211,287 
         8,738,166 
Utilities — 2.2%
Transnational Corp of Nigeria    404,740,021    1,045,813 
TOTAL NIGERIA         42,571,232 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Nigeria ETF

 

   Shares   Value 
COMMON STOCK — continued
TOGO— 2.4%          
Financials — 2.4%
Ecobank Transnational *    67,696,890   $1,114,705 
TOTAL COMMON STOCK          
(Cost $38,964,677)         43,685,937 
TOTAL INVESTMENTS — 93.3%          
(Cost $38,964,677)        $43,685,937 

 

Percentages are based on Net Assets of $46,801,019.

 

* Non-income producing security.

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
BAHRAIN— 0.7%          
Financials — 0.7%
Ahli United Bank BSC    158,345   $117,138 
BANGLADESH— 0.7%          
Communication Services — 0.2%
GrameenPhone   5,771    25,672 
Financials — 0.0%
BRAC Bank   11,223    6,462 
Health Care — 0.5%
Square Pharmaceuticals   31,181    86,903 
TOTAL BANGLADESH        119,037 
CHILE— 2.2%          
Consumer Discretionary — 0.5%
Falabella   22,667    77,865 
Consumer Staples — 0.4%
Cencosud   42,987    74,858 
Financials — 0.9%
Banco de Chile   611,064    62,502 
Banco de Credito e Inversiones   732    30,788 
Banco Santander Chile   939,586    47,731 
         141,021 
Utilities — 0.4%
Enel Chile *   832,792    60,502 
TOTAL CHILE        354,246 
CZECH REPUBLIC— 1.1%          
Financials — 0.4%
Komercni Banka *   1,070    32,763 
Moneta Money Bank   7,183    24,512 
         57,275 
Utilities — 0.7%
CEZ   4,862    117,280 
TOTAL CZECH REPUBLIC        174,555 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
EGYPT— 0.5%          
Financials — 0.5%
Commercial International Bank Egypt S.A.E.   18,833   $75,500 
GREECE— 1.1%          
Communication Services — 0.6%
Hellenic Telecommunications Organization   7,083    103,262 
Consumer Discretionary — 0.5%
OPAP   6,168    75,835 
TOTAL GREECE        179,097 
INDONESIA— 9.5%          
Communication Services — 1.8%
Sarana Menara Nusantara   539,500    36,915 
Telekomunikasi Indonesia Persero   1,140,635    252,842 
         289,757 
Consumer Discretionary — 1.3%
Astra International   464,667    202,029 
Consumer Staples — 1.6%
Charoen Pokphand Indonesia   166,500    68,238 
Gudang Garam *   11,354    30,529 
Indofood CBP Sukses Makmur TBK   55,100    35,738 
Indofood Sukses Makmur   104,300    44,976 
Unilever Indonesia   172,795    85,289 
         264,770 
Energy — 0.4%
United Tractors   37,750    61,482 
Financials — 3.5%
Bank Central Asia   106,358    256,229 
Bank Mandiri   205,836    96,463 
Bank Negara Indonesia Persero   82,100    32,477 
Bank Rakyat Indonesia Persero   596,170    177,619 
         562,788 
Health Care — 0.3%
Kalbe Farma   501,200    52,335 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued          
INDONESIA— continued          
Materials — 0.6%          
Indocement Tunggal Prakarsa   34,600   $32,985 
Semen Indonesia Persero   70,400    53,189 
         86,174 
TOTAL INDONESIA        1,519,335 
JORDAN— 0.1%          
Financials — 0.1%          
Arab Bank   1,962    11,623 
KAZAKHSTAN— 0.6%          
Energy — 0.4%          
NAC Kazatomprom JSC GDR   3,903    67,132 
Financials — 0.2%          
Halyk Savings Bank of Kazakhstan JSC GDR   2,840    36,068 
TOTAL KAZAKHSTAN        103,200 
KENYA— 1.7%          
Communication Services — 1.4%          
Safaricom   707,100    230,137 
Financials — 0.3%          
Equity Group Holdings *   79,600    26,377 
KCB Group   67,800    22,066 
         48,443 
TOTAL KENYA        278,580 
KUWAIT— 2.0%          
Financials — 1.7%          
Gulf Bank KSCP   21,373    15,529 
National Bank of Kuwait SAK   89,788    258,867 
         274,396 
Real Estate — 0.3%          
Mabanee KPSC   16,610    38,727 
TOTAL KUWAIT        313,123 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued          
LUXEMBOURG— 0.2%          
Financials — 0.2%          
Reinet Investments SCA   1,971   $34,684 
MALAYSIA— 8.1%          
Communication Services — 1.5%          
Axiata Group   82,867    68,262 
DiGi.com   93,702    87,849 
Maxis   70,676    83,395 
         239,506 
Consumer Staples — 1.3%          
Nestle Malaysia   2,070    70,152 
PPB Group   19,300    88,324 
QL Resources   33,000    49,061 
         207,537 
Financials — 2.9%          
CIMB Group Holdings   87,690    83,297 
Hong Leong Bank   9,400    40,135 
Malayan Banking   55,500    107,224 
Public Bank   200,550    207,868 
RHB Bank   22,600    28,512 
         467,036 
Health Care — 0.3%          
Kossan Rubber Industries   38,500    42,381 
Industrials — 0.5%          
Gamuda *   51,700    42,204 
Malaysia Airports Holdings   31,700    40,463 
         82,667 
Utilities — 1.6%          
Petronas Gas   23,889    94,788 
Tenaga Nasional   66,983    159,898 
         254,686 
TOTAL MALAYSIA        1,293,813 
MEXICO— 7.1%          
Communication Services — 0.7%          
Grupo Televisa *   72,411    110,961 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
MEXICO— continued          
Consumer Staples — 2.4%
Kimberly-Clark de Mexico, Cl A    45,900   $81,276 
Wal-Mart de Mexico    107,811    311,062 
         392,338 
Financials — 1.3%
Grupo Financiero Banorte, Cl O *    35,744    179,520 
Grupo Financiero Inbursa, Cl O *    32,500    29,377 
         208,897 
Industrials — 1.6%
Grupo Aeroportuario del Pacifico, Cl B *    11,100    113,396 
Grupo Aeroportuario del Sureste, Cl B    6,260    99,836 
Promotora y Operadora de Infraestructura    6,617    50,407 
         263,639 
Real Estate — 0.7%
Fibra Uno Administracion ‡    94,700    107,186 
Utilities — 0.4%
Infraestructura Energetica Nova *    15,640    57,894 
TOTAL MEXICO         1,140,915 
MOROCCO— 2.1%          
Communication Services — 1.1%
Maroc Telecom    10,598    173,985 
Consumer Staples — 0.3%
Sucrerie Marocaine et de Raffinage    1,705    44,004 
Financials — 0.5%
Attijariwafa Bank    1,184    57,664 
Banque Centrale Populaire    796    23,020 
         80,684 
Materials — 0.2%
Ciments du Maroc    217    39,769 
TOTAL MOROCCO         338,442 
NIGERIA— 0.7%          
Financials — 0.2%
Guaranty Trust Bank    216,406    18,913 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
NIGERIA— continued          
Financials — continued
Zenith Bank    230,376   $15,874 
         34,787 
Materials — 0.5%
Dangote Cement    131,575    78,662 
TOTAL NIGERIA         113,449 
OMAN— 0.5%          
Communication Services — 0.3%
Oman Telecommunications SAOG    20,287    40,047 
Financials — 0.2%
BankMuscat SAOG    36,616    38,233 
TOTAL OMAN         78,280 
PERU— 0.9%          
Financials — 0.9%
Credicorp    953    143,264 
PHILIPPINES— 5.2%          
Communication Services — 0.5%
PLDT    2,601    71,034 
Financials — 0.8%
Bank of the Philippine Islands    25,430    42,024 
BDO Unibank    26,460    55,422 
Metropolitan Bank & Trust    25,300    23,681 
         121,127 
Industrials — 1.2%
Aboitiz Equity Ventures    59,273    49,068 
SM Investments    7,053    144,502 
         193,570 
Real Estate — 2.5%
Ayala Land    237,870    186,528 
SM Prime Holdings    297,527    218,456 
         404,984 
Utilities — 0.2%
Manila Electric    6,770    36,753 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL PHILIPPINES        $827,468 
POLAND— 4.0%          
Communication Services — 0.5%
Cyfrowy Polsat    8,664    71,141 
Consumer Discretionary — 0.9%
Allegro.eu *    7,504    148,290 
Consumer Staples — 0.7%
Dino Polska *    1,477    104,361 
Energy — 0.5%
Polskie Gornictwo Naftowe i Gazownictwo    52,193    79,173 
Financials — 1.4%
Bank Polska Kasa Opieki *    2,619    44,855 
Powszechna Kasa Oszczednosci Bank Polski *    11,903    92,424 
Powszechny Zaklad Ubezpieczen *    8,685    69,656 
Santander Bank Polska *    502    24,484 
         231,419 
TOTAL POLAND         634,384 
QATAR— 4.5%          
Energy — 0.9%
Qatar Fuel QSC    14,670    75,183 
Qatar Gas Transport    75,060    68,010 
         143,193 
Financials — 1.2%
Commercial Bank PSQC    28,162    33,089 
Masraf Al Rayan QSC    49,365    59,520 
Qatar International Islamic Bank QSC    10,432    25,500 
Qatar Islamic Bank SAQ    15,646    71,333 
         189,442 
Industrials — 1.1%
Industries Qatar QSC    53,181    176,004 
Materials — 0.5%
Mesaieed Petrochemical Holding    132,406    73,785 
Real Estate — 0.3%
Barwa Real Estate    55,363    50,254 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — 0.5%
Qatar Electricity & Water QSC    16,232   $79,354 
TOTAL QATAR         712,032 
ROMANIA— 1.8%          
Energy — 0.8%
OMV Petrom    681,485    67,692 
Societatea Nationala de Gaze Naturale ROMGAZ    6,951    53,537 
         121,229 
Financials — 0.6%
Banca Transilvania    129,412    74,030 
BRD-Groupe Societe Generale *    5,507    20,645 
         94,675 
Real Estate — 0.4%
NEPI Rockcastle    11,675    70,969 
TOTAL ROMANIA         286,873 
SAUDI ARABIA— 9.9%          
Communication Services — 2.2%
Etihad Etisalat    5,947    45,505 
Mobile Telecommunications Saudi Arabia *    6,916    25,299 
Saudi Telecom    9,261    279,503 
         350,307 
Consumer Discretionary — 0.3%
Jarir Marketing    927    43,202 
Consumer Staples — 0.7%
Abdullah Al Othaim Markets    693    23,058 
Almarai JSC    3,963    57,056 
Savola Group    4,143    43,575 
         123,689 
Energy — 1.9%
Saudi Arabian Oil    32,391    300,097 
Financials — 2.9%
Al Rajhi Bank    8,821    171,681 
Alinma Bank *    7,228    31,489 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Arab National Bank    4,420   $23,969 
Bank AlBilad    2,704    20,006 
Bank Al-Jazira    2,943    10,624 
Banque Saudi Fransi    4,358    39,098 
Bupa Arabia for Cooperative Insurance *    441    13,756 
Riyad Bank    9,974    56,747 
Samba Financial Group    7,242    58,214 
Saudi British Bank    5,658    40,428 
         466,012 
Materials — 1.4%
Advanced Petrochemical    1,669    28,478 
SABIC Agri-Nutrients    3,245    80,287 
Saudi Kayan Petrochemical *    11,578    44,574 
Yanbu National Petrochemical    4,012    68,458 
         221,797 
Utilities — 0.5%
Saudi Electricity    13,202    78,140 
TOTAL SAUDI ARABIA         1,583,244 
SOUTH AFRICA— 9.3%          
Communication Services — 0.7%
MultiChoice Group    12,694    108,771 
Consumer Discretionary — 0.5%
Mr Price Group    7,371    84,652 
Consumer Staples — 1.9%
Clicks Group    6,905    113,994 
Shoprite Holdings    13,974    130,080 
Tiger Brands    4,624    61,211 
         305,285 
Financials — 4.9%
Absa Group    9,679    73,465 
Capitec Bank Holdings *    932    85,882 
Discovery    5,300    45,287 
FirstRand    62,554    198,560 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Nedbank Group    5,052   $41,077 
Old Mutual    63,207    54,504 
Remgro    7,102    47,418 
Sanlam    23,939    91,701 
Standard Bank Group    16,919    141,512 
         779,406 
Industrials — 0.5%
Bidvest Group    8,295    86,441 
Materials — 0.8%
African Rainbow Minerals    3,202    58,345 
Harmony Gold Mining *    15,559    72,118 
         130,463 
TOTAL SOUTH AFRICA         1,495,018 
SRI LANKA— 0.3%          
Industrials — 0.3%
John Keells Holdings    47,573    41,682 
THAILAND— 9.6%          
Communication Services — 1.1%
Advanced Info Service NVDR    19,234    110,533 
Intouch Holdings PCL NVDR    37,600    70,351 
         180,884 
Consumer Discretionary — 0.5%
Central Retail NVDR    30,200    31,027 
Home Product Center NVDR    95,160    43,558 
         74,585 
Consumer Staples — 1.3%
Berli Jucker NVDR    20,090    22,318 
CP ALL NVDR    95,272    182,236 
         204,554 
Energy — 2.2%
PTT NVDR    187,050    235,922 
PTT Exploration & Production NVDR    23,250    80,400 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
THAILAND— continued          
Energy — continued
Thai Oil NVDR    18,730   $34,106 
         350,428 
Financials — 0.6%
Bangkok Bank NVDR    4,700    17,823 
Kasikornbank NVDR    13,870    58,854 
Siam Commercial Bank NVDR    6,970    21,949 
         98,626 
Health Care — 0.9%
Bangkok Dusit Medical Services NVDR    159,710    110,458 
Bumrungrad Hospital NVDR    6,900    28,932 
         139,390 
Industrials — 1.3%
Airports of Thailand NVDR    69,720    138,601 
Bangkok Expressway & Metro NVDR    127,700    34,773 
BTS Group Holdings PCL NVDR    126,700    40,004 
         213,378 
Real Estate — 0.6%
Central Pattana NVDR    37,500    61,393 
Land & Houses NVDR    139,800    36,433 
         97,826 
Utilities — 1.1%
Electricity Generating    4,800    28,627 
Energy Absolute NVDR    24,900    54,076 
Global Power Synergy NVDR    11,800    30,850 
Gulf Energy Development NVDR    37,600    42,085 
Ratch Group NVDR    13,300    21,997 
         177,635 
TOTAL THAILAND         1,537,306 
TURKEY— 3.0%          
Communication Services — 0.5%
Turkcell Iletisim Hizmetleri    36,435    79,574 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — 0.9%
BIM Birlesik Magazalar    13,312   $131,232 
Energy — 0.3%
Tupras Turkiye Petrol Rafinerileri *    3,750    51,072 
Financials — 0.5%
Akbank Turk *    43,944    38,414 
Turkiye Garanti Bankasi *    32,785    41,821 
         80,235 
Industrials — 0.3%
Aselsan Elektronik Sanayi Ve Ticaret    20,578    48,777 
Materials — 0.5%
Eregli Demir ve Celik Fabrikalari    42,146    82,866 
TOTAL TURKEY         473,756 
UNITED ARAB EMIRATES— 5.6%          
Communication Services — 1.7%
Emirates Telecommunications Group PJSC    51,201    277,112 
Financials — 2.5%
Abu Dhabi Commercial Bank PJSC    37,388    65,551 
Abu Dhabi Islamic Bank PJSC    20,439    27,878 
Dubai Islamic Bank PJSC    25,483    34,965 
Emirates NBD Bank PJSC    34,409    110,539 
First Abu Dhabi Bank PJSC    37,380    152,852 
         391,785 
Real Estate — 1.4%
Aldar Properties PJSC    116,057    110,586 
Emaar Properties PJSC *    105,677    109,327 
         219,913 
TOTAL UNITED ARAB EMIRATES         888,810 
VIETNAM— 7.0%          
Consumer Staples — 2.0%
Masan Group    28,310    105,015 
Saigon Beer Alcohol Beverage    3,850    27,010 
Vietnam Dairy Products JSC    42,996    191,765 
         323,790 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — 0.3%
Bank for Foreign Trade of Vietnam JSC    10,450   $42,164 
Ho Chi Minh City Development Joint Stock Commercial Bank *    7    7 
         42,171 
Industrials — 0.3%
Vietjet Aviation JSC *    9,780    53,379 
Materials — 1.0%
Hoa Phat Group JSC    95,226    161,747 
Real Estate — 3.4%
No Va Land Investment Group *    14,590    50,766 
Vincom Retail JSC *    56,090    77,994 
Vingroup JSC *    49,760    214,593 
Vinhomes JSC *    49,190    199,543 
         542,896 
TOTAL VIETNAM         1,123,983 
TOTAL COMMON STOCK          
(Cost $15,769,029)         15,992,837 
RIGHT — 0.0%

 

   Number Of
Rights		     
Vietnam — 0.0%          
No Va Land Investement Group *#(A)(B)(C)    14,590    1,045 
           
TOTAL RIGHT (Cost $–)         1,045 
TOTAL INVESTMENTS — 100.0%          
(Cost $15,769,029)        $15,993,882 
           
Percentages are based on Net Assets of $16,000,222.          

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X MSCI Next Emerging & Frontier ETF

 

* Non-income producing security.
# Expiration date not available.
‡ Real Estate Investment Trust
(A) Security considered illiquid. The total value of such securities as of January 31, 2021 was $1,045 and represented 0.0% of Net Assets.
(B) Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of January 31, 2021, was $1,045 and represents 0.0% of net assets.
(C) Level 3 security in accordance with fair value hierarchy

 

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 January 31, 2021, in valuing the Fund's investments carried at value:
 
Investments in Securities     Level 1       Level 2       Level 3(1)       Total  
Common Stock   $ 12,094,050     $ 3,898,787     $ —     $ 15,992,837  
Right     —       —       1,045        1,045  
Total Investments in Securities   $ 12,094,050     $ 3,898,787     $ 1,045      $ 15,993,882  

 

(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 January 31, 2021, 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)      January 31, 2021

 

Global X FTSE Nordic Region ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
DENMARK— 36.7%          
Consumer Staples — 1.8%
Carlsberg, Cl B    3,458   $508,476 
Health Care — 19.4%
Coloplast, Cl B    4,584    686,926 
Genmab *    2,033    813,598 
Novo Nordisk, Cl B    55,860    3,881,549 
         5,382,073 
Industrials — 11.0%
A P Moller - Maersk, Cl B    202    419,706 
DSV PANALPINA    6,955    1,090,170 
Vestas Wind Systems    7,072    1,541,008 
         3,050,884 
Utilities — 4.5%
Orsted    6,511    1,241,153 
TOTAL DENMARK         10,182,586 
FINLAND— 18.3%          
Energy — 3.7%
Neste    14,356    1,016,471 
Financials — 6.0%
Nordea Bank Abp    116,946    953,203 
Sampo, Cl A    17,431    734,418 
         1,687,621 
Industrials — 3.9%
Kone, Cl B    13,622    1,074,389 
Information Technology — 3.4%
Nokia *    193,568    932,201 
Utilities — 1.3%
Fortum    15,005    364,319 
TOTAL FINLAND         5,075,001 
NORWAY— 6.0%          
Communication Services — 1.3%
Telenor    21,825    362,476 

 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X FTSE Nordic Region ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 2.2%
Equinor    33,237   $601,752 
Financials — 2.5%
DnB *    35,661    700,257 
TOTAL NORWAY         1,664,485 
SWEDEN— 39.0%          
Communication Services — 1.4%
Telia    89,197    392,955 
Consumer Discretionary — 2.4%
Hennes & Mauritz, Cl B *    30,471    654,736 
Consumer Staples — 2.4%
Essity, Cl B    20,927    671,479 
Financials — 10.4%
Investor, Cl B    15,681    1,156,515 
Skandinaviska Enskilda Banken, Cl A    50,091    549,341 
Svenska Handelsbanken, Cl A    51,745    520,522 
Swedbank, Cl A    34,804    659,185 
         2,885,563 
Industrials — 11.5%
Assa Abloy, Cl B    31,621    786,107 
Atlas Copco, Cl A    21,738    1,188,335 
Volvo, Cl B    49,495    1,228,678 
         3,203,120 
Information Technology — 7.5%
Hexagon, Cl B    8,792    772,547 
Telefonaktiebolaget LM Ericsson, Cl B    103,527    1,312,954 
         2,085,501 
Materials — 3.4%
Sandvik    37,156    931,292 

 

 

 

 

 

Schedule of Investments (Unaudited)      January 31, 2021

 

Global X FTSE Nordic Region ETF

 

   Value 
COMMON STOCK — continued     
TOTAL SWEDEN   $10,824,646 
TOTAL COMMON STOCK     
(Cost $23,678,556)    27,746,718 
TOTAL INVESTMENTS — 100.0%     
(Cost $23,678,556)   $27,746,718 

 

Percentages are based on Net Assets of $27,756,165.

 

* Non-income producing security.

Cl — Class

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021

 

Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
CHINA— 2.3%          
Consumer Staples — 2.3%
Wilmar International    186,651   $741,203 
INDONESIA— 20.7%          
Communication Services — 2.8%
Telekomunikasi Indonesia Persero    4,091,300    906,910 
Consumer Discretionary — 2.5%
Astra International    1,795,181    780,513 
Consumer Staples — 1.4%
Gudang Garam *    41,200    110,782 
Hanjaya Mandala Sampoerna    791,300    73,885 
Unilever Indonesia    501,180    247,375 
         432,042 
Financials — 14.0%
Bank Central Asia    851,996    2,052,563 
Bank Mandiri    1,630,580    764,153 
Bank Negara Indonesia Persero    647,600    256,178 
Bank Rakyat Indonesia Persero    4,668,600    1,390,930 
         4,463,824 
TOTAL INDONESIA         6,583,289 
MALAYSIA— 17.6%          
Communication Services — 2.0%
Axiata Group    394,588    325,041 
DiGi.com    321,100    301,043 
         626,084 
Consumer Staples — 1.2%
Sime Darby Plantation    316,796    380,077 
Financials — 9.5%
CIMB Group Holdings    615,275    584,454 
Malayan Banking    529,331    1,022,653 
Public Bank    1,366,995    1,416,873 
         3,023,980 
Health Care — 1.0%
IHH Healthcare    260,980    329,897 

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 1.3%
Petronas Chemicals Group    250,424   $415,670 
Utilities — 2.6%
Tenaga Nasional    346,545    827,250 
TOTAL MALAYSIA         5,602,958 
PHILIPPINES— 6.1%          
Financials — 1.1%
BDO Unibank    172,120    360,515 
Industrials — 1.5%
Ayala    29,080    465,745 
Real Estate — 3.5%
Ayala Land    699,200    548,284 
SM Prime Holdings    794,900    583,646 
         1,131,930 
TOTAL PHILIPPINES         1,958,190 
SINGAPORE— 29.0%          
Communication Services — 3.7%
Singapore Telecommunications    656,704    1,167,826 
Consumer Discretionary — 0.4%
Jardine Cycle & Carriage    8,518    138,383 
Financials — 23.2%
DBS Group Holdings    157,883    2,995,625 
Oversea-Chinese Banking    309,066    2,403,407 
United Overseas Bank    113,597    2,001,279 
         7,400,311 
Real Estate — 1.7%
CapitaLand    228,718    553,225 
TOTAL SINGAPORE         9,259,745 
THAILAND— 24.2%          
Communication Services — 1.8%
Advanced Info Service NVDR    99,061    569,278 
Consumer Staples — 2.8%
CP ALL NVDR    459,973    879,835 

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X FTSE Southeast Asia ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 6.3%
PTT NVDR    1,263,140   $1,593,169 
PTT Exploration & Production NVDR    121,810    421,227 
         2,014,396 
Financials — 5.0%
Bangkok Bank    25,100    95,184 
Bangkok Bank NVDR    17,611    66,784 
Kasikornbank NVDR (A)    178,708    758,300 
Siam Commercial Bank NVDR    214,131    674,302 
         1,594,570 
Health Care — 1.7%
Bangkok Dusit Medical Services NVDR    790,400    546,651 
Industrials — 2.4%
Airports of Thailand NVDR    381,400    758,212 
Materials — 2.9%
Siam Cement NVDR    74,126    936,172 
Utilities — 1.3%
Gulf Energy Development NVDR    377,810    422,875 
TOTAL THAILAND         7,721,989 
TOTAL COMMON STOCK          
(Cost $34,061,682)         31,867,374 
SHORT-TERM INVESTMENT(B)(C) — 1.6%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $503,940)    503,940    503,940 
TOTAL INVESTMENTS — 101.5%          
(Cost $34,565,622)        $32,371,314 

 

Percentages are based on Net Assets of $31,882,650.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021.  The total value of securities on loan at January 31, 2021 was $481,607.

 

 

 

 

 

 

Schedule of Investments (Unaudited) January 31, 2021

 

Global X FTSE Southeast Asia ETF

 

(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $503,940.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class

NVDR  — Non-Voting Depositary Receipt

 

As of January 31, 2021, 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 January 31, 2021, 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-002-1900

 

 

 

 

 

 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — 100.0%
CHINA— 29.0%        
Communication Services — 29.0%
Baidu ADR *    97,752   $22,973,675 
Bilibili ADR *    133,483    15,202,379 
HUYA ADR * (A)    3,380    87,508 
JOYY ADR   25,425    2,340,117 
Meitu *    1,564,600    304,693 
Momo ADR *    103,944    1,588,265 
NetEase ADR   144,205    16,582,133 
SINA * (A)    37,272    1,558,715 
Tencent Holdings   373,390    32,817,927 
Tencent Music Entertainment Group ADR *    261,709    6,961,459 
Weibo ADR * (A)    21,286    970,216 
TOTAL CHINA        101,387,087 
GERMANY— 1.0%          
Communication Services — 1.0%
United Internet   76,991    3,353,291 
JAPAN— 4.3%          
Communication Services — 4.3%
DeNA *    63,671    1,188,947 
Gree *    69,135    379,699 
Kakaku.com   94,700    2,740,733 
Mixi   31,310    735,087 
Nexon   331,184    10,075,181 
TOTAL JAPAN        15,119,647 
RUSSIA— 4.9%          
Communication Services — 4.9%
Mail.Ru Group GDR *    134,721    3,509,482 
Yandex, Cl A *    219,682    13,760,881 
TOTAL RUSSIA        17,270,363 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — continued
SOUTH KOREA— 10.6%        
Communication Services — 10.6%
AfreecaTV   5,253   $290,216 
Com2uSCorp   5,904    845,012 
Kakao *    33,694    13,283,617 
NAVER   73,524    22,544,906 
TOTAL SOUTH KOREA        36,963,751 
TAIWAN— 0.1%          
Consumer Discretionary — 0.1%
PChome Online   70,044    216,367 
UNITED STATES— 50.1%          
Communication Services — 49.9%
Alphabet, Cl A *    8,125    14,847,300 
ANGI Homeservices, Cl A *    46,785    654,054 
Facebook, Cl A * (A)    100,924    26,071,697 
Glu Mobile *    106,678    939,833 
IAC *    57,629    12,099,209 
Match Group *    149,621    20,925,993 
Pinterest, Cl A *    238,285    16,324,905 
Snap, Cl A *    648,465    34,329,737 
Spotify Technology *    48,635    15,320,025 
Twitter *    469,273    23,712,365 
Yelp, Cl A *    49,743    1,621,124 
Zynga, Cl A *    739,926    7,332,667 
         174,178,909 
Consumer Discretionary — 0.2%
Groupon, Cl A *    17,916    612,190 
Information Technology — 0.0%
Life360, Cl CDI *    46,038    136,698 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Social Media ETF

 

  

FaceAmount/

Shares

   Value 
COMMON STOCK — continued
TOTAL UNITED STATES       $174,927,797 
TOTAL COMMON STOCK          
(Cost $213,763,729)        349,238,303 
           
U.S. TREASURY OBLIGATION — 2.3%
U.S. Treasury Bill 0.030%, 02/18/21(B)          
(Cost $7,999,886)  $8,000,000    7,999,839 
           
SHORT-TERM INVESTMENT(C)(D) — 5.7%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $20,053,292)   20,053,292    20,053,292 
TOTAL INVESTMENTS — 108.0%          
(Cost $241,816,907)       $377,291,434 

 

Percentages are based on Net Assets of $349,343,051.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $19,082,721.
(B) The rate reported on the Schedule of Investments is the effective yield at time of purchase.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $20,053,292.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt

Cl — Class

GDR — Global Depositary Receipt

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Social Media ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:  

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $349,238,303   $—   $—   $349,238,303 
Short-Term Investment   20,053,292    —    —    20,053,292 
U.S. Treasury Obligation   —    7,999,839    —    7,999,839 
Total Investments in Securities  $369,291,595   $7,999,839   $—   $377,291,434 

  

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
AUSTRALIA— 5.2%        
Materials — 5.2%
Galaxy Resources *    7,598,254   $15,682,009 
ioneer * (A)    25,537,995    7,053,829 
Mineral Resources   2,856,192    75,274,824 
Orocobre * (A)    5,599,401    21,480,639 
Pilbara Minerals * (A)    32,756,048    23,372,763 
TOTAL AUSTRALIA        142,864,064 
CANADA— 0.6%          
Materials — 0.6%
Lithium Americas * (A)    797,354    15,785,418 
Nemaska Lithium * (A)(B)(C)(D)    12,119,545    95 
TOTAL CANADA        15,785,513 
CHILE— 4.2%          
Materials — 4.2%
Sociedad Quimica y Minera de Chile ADR   2,301,175    117,221,854 
CHINA— 44.8%          
Consumer Discretionary — 6.6%
BYD, Cl H   5,193,378    159,005,905 
Tianneng Power International (A)    12,749,400    25,190,171 
         184,196,076 
Industrials — 14.8%
Contemporary Amperex Technology, Cl A   2,534,635    139,333,804 
Eve Energy, Cl A   10,557,198    174,542,483 
Shenzhen Yinghe Technology, Cl A   6,220,051    19,592,004 
Sunwoda Electronic, Cl A   18,627,563    78,308,261 
         411,776,552 
Information Technology — 8.0%
NAURA Technology Group, Cl A   3,338,749    103,868,621 
Wuxi Lead Intelligent Equipment, Cl A   8,553,041    118,835,573 
         222,704,194 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 15.4%
Beijing Easpring Material Technology, Cl A *    5,529,419   $49,683,353 
Ganfeng Lithium, Cl A   10,182,934    189,379,350 
Shanghai Putailai New Energy Technology, Cl A   2,163,983    33,358,458 
Shenzhen Capchem Technology, Cl A   3,782,779    48,681,996 
Yunnan Energy New Material, Cl A   5,218,904    106,919,619 
         428,022,776 
TOTAL CHINA        1,246,699,598 
GERMANY— 2.3%          
Industrials — 2.3%
Akasol * (A)    47,925    5,589,532 
Varta *    324,701    58,067,558 
TOTAL GERMANY        63,657,090 
HONG KONG— 0.2%          
Industrials — 0.2%
Honbridge Holdings *    59,020,100    3,958,092 
JAPAN— 6.6%          
Consumer Discretionary — 4.9%
Panasonic   10,514,720    135,733,742 
Industrials — 1.5%
GS Yuasa   1,435,208    42,222,080 
Materials — 0.2%
W-Scope *    589,300    5,685,018 
TOTAL JAPAN        183,640,840 
NETHERLANDS— 0.6%          
Materials — 0.6%
AMG Advanced Metallurgical Group   543,666    17,245,714 
SOUTH KOREA— 12.0%          
Industrials — 0.1%
Vitzrocell   246,465    3,360,085 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Lithium & Battery Tech ETF

 

  

Shares

  

Value

 
COMMON STOCK — continued
Information Technology — 7.3%
Iljin Materials   341,641   $21,806,872 
L&F   327,676    21,589,238 
Power Logics   461,586    3,672,551 
Samsung SDI   237,377    155,761,414 
         202,830,075 
Materials — 4.6%
LG Chemical   155,770    127,696,308 
TOTAL SOUTH KOREA        333,886,468 
TAIWAN— 1.6%          
Information Technology — 1.6%
Dynapack International Technology   2,373,900    7,621,234 
Simplo Technology   2,836,980    36,573,513 
TOTAL TAIWAN        44,194,747 
UNITED STATES— 21.8%          
Consumer Discretionary — 5.6%
Tesla *    197,418    156,657,106 
Industrials — 2.4%
EnerSys   799,884    65,774,461 
Materials — 13.8%
Albemarle   2,041,842    332,126,020 
Livent *    2,779,405    50,640,759 
         382,766,779 
TOTAL UNITED STATES        605,198,346 
TOTAL COMMON STOCK          
(Cost $2,010,384,875)        2,774,352,326 
SHORT-TERM INVESTMENT(E)(F) — 4.5%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $126,135,041)   126,135,041    126,135,041 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Lithium & Battery Tech ETF

 

         Value 
TOTAL INVESTMENTS — 104.4%          
(Cost $2,136,519,916)      $2,900,487,367 

 

Percentages are based on Net Assets of $2,778,608,313.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $81,570,768.
(B) Level 3 security in accordance with fair value hierarchy.
(C) Security considered illiquid. The total value of such securities as of January 31, 2021 was $95 and represented 0.0% of Net Assets of the Fund.
(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 January 31, 2021, was $95 and represents 0.0% of Net Assets of the Fund.
(E) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $126,135,041.
(F) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities 

Level 1

  

Level 2

  

Level 3(1)

  

Total

 
Common Stock  $2,774,352,231   $—   $95   $2,774,352,326 
Short-Term Investment   126,135,041    —    —    126,135,041 
Total Investments in Securities  $2,900,487,272   $—   $95   $2,900,487,367 

 

(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 annual or semi-annual financial statements.

 

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

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
ARGENTINA— 3.9%        
Consumer Discretionary — 3.9%
MercadoLibre *    3,644   $6,484,534 
AUSTRALIA— 0.3%          
Consumer Discretionary — 0.3%
Temple & Webster Group *    64,382    564,607 
CANADA— 3.7%          
Information Technology — 3.7%
Shopify, Cl A *    5,548    6,094,977 
CHINA— 26.5%          
Communication Services — 4.2%
NetEase ADR   61,585    7,081,659 
Consumer Discretionary — 21.8%
Alibaba Group Holding ADR *    29,242    7,422,496 
Baozun ADR *    67,966    2,785,926 
JD.com ADR *    74,501    6,607,494 
Pinduoduo ADR *    38,888    6,444,130 
Trip.com Group ADR *    201,965    6,428,546 
Uxin ADR *    432,477    475,725 
Vipshop Holdings ADR *    224,726    6,161,987 
         36,326,304 
Financials — 0.5%
LexinFintech Holdings ADR *    114,719    891,367 
TOTAL CHINA        44,299,330 
GERMANY— 2.4%          
Consumer Discretionary — 2.4%
Jumia Technologies ADR * (A)    68,674    3,952,189 
JAPAN— 4.1%          
Consumer Discretionary — 4.1%
Rakuten *    697,880    6,859,148 
SOUTH KOREA— 0.3%          
Information Technology — 0.3%
Cafe24 *    17,840    558,995 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — continued
UNITED KINGDOM— 6.7%        
Consumer Discretionary — 6.7%
ASOS *    60,503   $3,717,101 
Ocado Group *    194,561    7,419,302 
TOTAL UNITED KINGDOM        11,136,403 
UNITED STATES— 52.0%          
Communication Services — 3.2%
ANGI Homeservices, Cl A *    60,177    841,274 
TripAdvisor *    81,759    2,532,077 
Yelp, Cl A *    61,773    2,013,182 
         5,386,533 
Consumer Discretionary — 35.3%
Amazon.com *    2,114    6,777,907 
Booking Holdings *    3,003    5,838,823 
eBay   117,705    6,651,510 
Etsy *    32,153    6,401,341 
Expedia Group *    46,794    5,807,135 
Groupon, Cl A *    21,195    724,233 
Lands’ End *    18,462    509,736 
Overstock.com *    37,025    2,873,140 
Overstock.com, Ser A1   366    23,058 
PetMed Express (A)    16,800    641,760 
Qurate Retail, Cl A *    331,081    4,171,621 
Shutterstock   19,545    1,270,230 
Stamps.com *    15,381    3,511,636 
Wayfair, Cl A *    23,587    6,423,212 
Williams-Sonoma   55,789    7,192,318 
         58,817,660 
Financials — 2.6%
eHealth *    21,423    1,025,091 
LendingTree *    10,003    3,256,176 
         4,281,267 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — 4.0%
CoStar Group *    7,476   $6,726,232 
Information Technology — 6.9%
BigCommerce Holdings *    21,508    1,719,350 
GoDaddy, Cl A *    81,172    6,378,495 
LivePerson *    53,910    3,415,738 
         11,513,583 
TOTAL UNITED STATES        86,725,275 
TOTAL COMMON STOCK          
(Cost $147,021,762)        166,675,458 
           
SHORT-TERM INVESTMENT(B)(C) — 1.5%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $2,460,762)   2,460,762    2,460,762 
TOTAL INVESTMENTS — 101.4%          
(Cost $149,482,524)       $169,136,220 

 

Percentages are based on Net Assets of $166,847,951.
 
* Non-income producing security.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $2,452,073.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $2,460,762.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

ADR — American Depositary Receipt
Cl — Class
Ser — Series
 
As of January 31, 2021, 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 January 31, 2021, there have been no transfers in or out of Level 3.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X E-commerce 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) January 31, 2021
   

Global X Emerging Markets Internet & E-commerce ETF †

 

   Shares   Value 
COMMON STOCK — 100.0%
ARGENTINA— 4.7%        
Consumer Discretionary — 4.7%
MercadoLibre *    161   $286,501 
BRAZIL— 6.5%          
Consumer Discretionary — 2.8%
Afya, Cl A *    399    8,858 
Arco Platform, Cl A *    266    8,443 
B2W Cia Digital *    1,470    21,841 
Lojas Americanas   5,801    20,060 
Magazine Luiza   18,620    85,670 
Via Varejo S *    8,470    22,727 
         167,599 
Information Technology — 3.7%
Pagseguro Digital, Cl A *    2,002    97,998 
StoneCo, Cl A *    1,554    111,732 
TOTVS   2,856    14,772 
         224,502 
TOTAL BRAZIL        392,101 
CHILE— 0.4%          
Consumer Discretionary — 0.4%
Falabella   7,035    24,166 
CHINA— 74.8%          
Communication Services — 31.3%
Autohome ADR   651    71,760 
Baidu ADR *    1,512    355,350 
Bilibili ADR *    1,673    190,538 
China Literature *    2,520    24,050 
DouYu International Holdings ADR *    1,841    24,172 
HUYA ADR *    1,029    26,641 
iQIYI ADR *    3,983    87,028 
JOYY ADR   469    43,167 
Momo ADR   1,274    19,467 
NetEase ADR   1,932    222,161 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Emerging Markets Internet & E-commerce ETF †

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
SINA *    343   $14,344 
Tencent Holdings   5,530    486,042 
Tencent Music Entertainment Group ADR *    10,171    270,549 
Weibo ADR *    1,204    54,878 
         1,890,147 
Consumer Discretionary — 40.2%
Alibaba Group Holding ADR *    1,316    334,040 
Baozun ADR *    441    18,076 
JD.com ADR *    4,795    425,268 
Koolearn Technology Holding *    2,100    7,421 
Meituan, Cl B *    11,410    523,569 
New Oriental Education & Technology Group ADR *    966    161,805 
Pinduoduo ADR *    4,235    701,782 
Tongcheng-Elong Holdings *    5,950    10,651 
Trip.com Group ADR *    3,395    108,063 
Vipshop Holdings ADR *    4,123    113,053 
Youdao ADR *    609    22,947 
         2,426,675 
Health Care — 0.5%
Ping An Healthcare and Technology *    2,590    32,184 
Industrials — 0.2%
51job ADR *    189    12,448 
Information Technology — 2.6%
Kingdee International Software Group   11,550    46,624 
Kingsoft   5,950    46,042 
Travelsky Technology, Cl H   17,850    39,872 
Weimob *    8,750    25,221 
         157,759 
TOTAL CHINA        4,519,213 
POLAND— 0.6%          
Communication Services — 0.6%
CD Projekt *    413    33,890 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Emerging Markets Internet & E-commerce ETF †

 

   Shares   Value 
RUSSIA— 2.1%        
Communication Services — 2.1%
Yandex, Cl A *    2,065   $129,352 
SOUTH AFRICA— 4.2%          
Communication Services — 0.3%
MultiChoice Group   1,778    15,235 
Consumer Discretionary — 3.9%
Naspers, Cl N   1,029    237,759 
TOTAL SOUTH AFRICA        252,994 
SOUTH KOREA— 6.7%          
Communication Services — 6.7%
Kakao   308    121,427 
NAVER   693    212,497 
NCSoft   84    71,564 
TOTAL SOUTH KOREA        405,488 
TOTAL INVESTMENTS — 100.0%          
(Cost $5,255,926)       $6,043,705 

 

Percentages are based on Net Assets of $6,041,973. 

* Non-income producing security.
† The Fund commenced operations on November 9, 2020.

 

ADR — American Depositary Receipt
Cl — Class
 
As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — 98.8%
ARGENTINA— 0.5%        
Communication Services — 0.5%
Telecom Argentina ADR * (A)    547,839   $3,549,997 
AUSTRALIA— 7.2%          
Communication Services — 1.4%
Nine Entertainment Holdings   5,602,356    10,359,132 
Consumer Staples — 0.9%
Inghams Group (A)    2,822,653    7,125,068 
Financials — 1.5%
IOOF Holdings   2,488,525    5,957,063 
Platinum Asset Management   1,685,346    5,366,273 
         11,323,336 
Industrials — 0.9%
SmartGroup   1,272,244    6,871,929 
Materials — 1.9%
BHP Group   227,446    7,601,544 
Rio Tinto   85,059    6,528,085 
         14,129,629 
Utilities — 0.6%
AGL Energy   498,647    4,388,259 
TOTAL AUSTRALIA        54,197,353 
BRAZIL— 3.0%          
Financials — 2.1%
Banco Santander Brasil   868,700    6,246,653 
BB Seguridade Participacoes   1,111,500    5,631,043 
Wiz Solucoes e Corretagem de Seguros   2,895,400    4,067,534 
         15,945,230 
Utilities — 0.9%
Transmissora Alianca de Energia Eletrica   1,129,700    6,639,878 
TOTAL BRAZIL        22,585,108 
CHINA— 12.0%          
Communication Services — 0.8%
CITIC Telecom International Holdings   19,416,600    6,135,103 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — 0.7%
Tianneng Power International (A)    2,708,200   $5,350,842 
Energy — 0.8%
Yanzhou Coal Mining, Cl H   8,156,100    6,311,265 
Financials — 0.7%
China Minsheng Banking, Cl H   9,925,200    5,683,356 
Industrials — 0.8%
Lonking Holdings   18,619,100    6,195,281 
Materials — 1.6%
Asia Cement China Holdings   7,125,500    6,138,672 
China Oriental Group   22,980,500    6,253,520 
         12,392,192 
Real Estate — 5.7%
Agile Group Holdings   8,425,300    10,518,246 
Guangzhou R&F Properties   5,901,500    7,283,782 
Powerlong Real Estate Holdings   8,902,000    5,820,740 
Shenzhen Investment   17,118,000    5,673,731 
Yuexiu Property   32,090,400    6,290,734 
Yuzhou Properties (A)    23,476,202    8,205,021 
         43,792,254 
Utilities — 0.9%
China Power International Development   32,041,500    7,190,261 
TOTAL CHINA        93,050,554 
COLOMBIA— 0.7%          
Energy — 0.7%
Ecopetrol ADR   470,929    5,359,172 
FRANCE— 1.0%          
Real Estate — 1.0%
Cromwell European Real Estate Investment Trust ‡    12,712,900    7,722,480 
HONG KONG— 2.3%          
Communication Services — 0.9%
PCCW (A)    11,593,300    6,459,121 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — 1.4%
Pacific Textiles Holdings   17,367,500   $10,796,101 
TOTAL HONG KONG        17,255,222 
INDONESIA— 2.7%          
Energy — 2.7%
Adaro Energy   64,064,000    5,479,458 
Bukit Asam   45,426,400    8,353,536 
Indo Tambangraya Megah   7,706,400    6,728,682 
TOTAL INDONESIA        20,561,676 
KAZAKHSTAN— 0.8%          
Financials — 0.8%
Halyk Savings Bank of Kazakhstan JSC GDR   496,188    6,301,588 
MEXICO— 1.2%          
Real Estate — 1.2%
PLA Administradora Industrial S de RL ‡ (A)    6,500,369    9,279,583 
NETHERLANDS— 1.1%          
Financials — 1.1%
Flow Traders   222,599    8,540,385 
NIGERIA— 1.6%          
Financials — 1.6%
Zenith Bank   176,982,843    12,194,891 
PORTUGAL— 0.8%          
Communication Services — 0.8%
NOS SGPS   1,796,995    6,200,223 
RUSSIA— 9.5%          
Communication Services — 1.3%
Mobile TeleSystems ADR   1,136,240    10,226,160 
Consumer Staples — 1.0%
Magnit PJSC GDR   517,879    7,726,755 
Energy — 1.0%
Gazprom PJSC ADR   1,411,079    7,868,176 
Materials — 6.2%
Evraz   2,201,166    15,155,441 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
MMC Norilsk Nickel PJSC ADR   302,240   $9,741,195 
Novolipetsk Steel PJSC GDR   533,989    14,887,613 
PhosAgro PJSC GDR   485,803    7,617,391 
         47,401,640 
TOTAL RUSSIA        73,222,731 
SINGAPORE— 3.3%          
Real Estate — 3.3%
Keppel Pacific Oak US REIT ‡    9,415,519    6,920,407 
Mapletree North Asia Commercial Trust ‡    9,159,100    6,763,558 
Sasseur Real Estate Investment Trust ‡    18,553,300    11,463,873 
TOTAL SINGAPORE        25,147,838 
SOUTH AFRICA— 9.7%          
Consumer Discretionary — 1.1%
Truworths International   2,951,215    8,752,183 
Energy — 1.4%
Exxaro Resources   1,057,660    10,609,976 
Financials — 1.0%
Coronation Fund Managers   2,303,229    7,482,338 
Industrials — 0.8%
Reunert (A)    2,477,441    6,287,211 
Materials — 3.7%
African Rainbow Minerals   630,540    11,489,421 
Kumba Iron Ore   410,770    16,597,810 
         28,087,231 
Real Estate — 1.7%
Equites Property Fund ‡ (A)    5,721,182    6,370,172 
Resilient ‡    2,370,549    6,266,344 
         12,636,516 
TOTAL SOUTH AFRICA        73,855,455 
SPAIN— 1.6%          
Energy — 0.9%
Repsol   706,404    6,970,409 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — 0.7%
Lar Espana Real Estate Socimi ‡    995,824   $5,595,468 
TOTAL SPAIN        12,565,877 
TAIWAN— 2.4%          
Consumer Discretionary — 0.8%
Ruentex Industries   2,571,800    6,263,611 
Real Estate — 1.6%
Chong Hong Construction   2,126,800    6,000,078 
Farglory Land Development   3,398,400    6,068,030 
         12,068,108 
TOTAL TAIWAN        18,331,719 
THAILAND— 6.3%          
Communication Services — 2.1%
Jasmine Broadband Internet Infrastructure Fund   22,007,900    7,132,530 
Jasmine International NVDR (A)    91,015,399    9,183,646 
         16,316,176 
Energy — 1.3%
Banpu   6,348,600    2,205,995 
Banpu NVDR (A)    21,274,900    7,392,548 
         9,598,543 
Financials — 1.1%
Tisco Financial Group NVDR   2,637,700    8,129,897 
Real Estate — 1.8%
Land & Houses NVDR (A)    25,692,900    6,695,778 
Quality Houses   85,864,400    6,713,087 
         13,408,865 
TOTAL THAILAND        47,453,481 
UNITED KINGDOM— 4.6%          
Consumer Staples — 0.9%
British American Tobacco   191,052    6,971,982 
Energy — 0.9%
Genel Energy   3,534,998    7,184,265 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — 1.8%
IG Group Holdings   580,367   $5,977,167 
Standard Life Aberdeen   1,789,309    7,422,796 
         13,399,963 
Real Estate — 1.0%
Regional ‡    6,494,633    7,295,236 
TOTAL UNITED KINGDOM        34,851,446 
UNITED STATES— 26.5%          
Communication Services — 0.9%
Lumen Technologies   560,481    6,938,755 
Consumer Staples — 4.2%
Altria Group   160,001    6,572,841 
B&G Foods (A)    678,390    25,833,091 
         32,405,932 
Energy — 4.2%
Archrock   792,488    7,029,368 
Diversified Gas & Oil   12,024,281    19,021,424 
Williams   294,439    6,250,940 
         32,301,732 
Financials — 11.4%
Annaly Capital Management ‡    1,007,103    8,177,676 
Apollo Commercial Real Estate Finance ‡    441,326    4,934,025 
Arbor Realty Trust ‡    592,545    8,449,692 
Ares Commercial Real Estate ‡    646,262    7,315,686 
Artisan Partners Asset Management, Cl A   195,054    9,440,613 
Blackstone Mortgage Trust, Cl A ‡    235,504    6,278,537 
Chimera Investment ‡    387,580    3,914,558 
KKR Real Estate Finance Trust ‡    480,530    8,226,674 
Ladder Capital, Cl A ‡    462,235    4,543,770 
New York Community Bancorp   686,791    7,183,834 
Ready Capital ‡    495,578    5,639,678 
Starwood Property Trust ‡    350,107    6,568,007 
Waddell & Reed Financial, Cl A   267,437    6,763,482 
         87,436,232 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 0.8%
Kronos Worldwide   449,935   $6,371,080 
Real Estate — 5.0%
Brookfield Property, Cl A ‡ (A)    523,229    9,078,023 
GEO Group ‡ (A)    472,872    4,227,476 
Gladstone Commercial ‡    339,597    6,014,263 
Iron Mountain ‡    200,165    6,739,555 
Office Properties Income Trust ‡    260,116    6,019,084 
One Liberty Properties ‡    304,353    6,099,234 
         38,177,635 
TOTAL UNITED STATES        203,631,366 
TOTAL COMMON STOCK          
(Cost $685,666,035)        755,858,145 
           
PREFERRED STOCK — 0.9%
BRAZIL— 0.9%          
Utilities — 0.9%          
Cia de Transmissao de Energia Eletrica Paulista, 0.000% (B)           
(Cost $6,055,108)   1,490,900    7,195,424 
TOTAL BRAZIL        7,195,424 
           
SHORT-TERM INVESTMENT(C)(D) — 7.1%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $54,571,884)   54,571,884    54,571,884 
TOTAL INVESTMENTS — 106.8%          
(Cost $746,293,027)       $817,625,453 

 

Percentages are based on Net Assets of $765,422,585.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® ETF

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $47,740,146.
(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 January 31, 2021, was $54,571,884.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

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
 
As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

Global X SuperDividend® U.S. ETF

 

   Shares   Value 
COMMON STOCK — 70.7%
Communication Services — 4.7%
AT&T   391,036   $11,195,361 
Verizon Communications   253,252    13,865,547 
         25,060,908 
Consumer Discretionary — 2.0%
H&R Block   633,104    10,908,382 
Consumer Staples — 24.5%
Altria Group   337,991    13,884,670 
B&G Foods (A)    1,109,467    42,248,503 
Bunge   203,138    13,293,351 
General Mills   269,373    15,650,571 
Kraft Heinz   542,562    18,181,253 
Philip Morris International   171,719    13,677,419 
Universal   301,390    13,824,759 
         130,760,526 
Energy — 7.7%
Chevron   135,219    11,520,659 
Exxon Mobil   252,855    11,338,018 
Hess Midstream   420,859    8,783,327 
Kinder Morgan   677,338    9,536,919 
         41,178,923 
Financials — 7.8%
Arbor Realty Trust ‡    1,006,018    14,345,817 
Blackstone Mortgage Trust, Cl A ‡    351,173    9,362,272 
KKR Real Estate Finance Trust ‡    511,050    8,749,176 
Virtu Financial, Cl A   329,389    9,147,133 
         41,604,398 
Industrials — 2.4%
Ennis   702,811    12,791,160 
Real Estate — 12.2%
Alexander’s ‡    31,006    8,284,803 
Brookfield Property, Cl A ‡ (A)    991,149    17,196,435 
Gladstone Commercial ‡    588,608    10,424,248 
           

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® U.S. ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Industrial Logistics Properties Trust ‡    427,839   $9,074,465 
Iron Mountain ‡    318,086    10,709,956 
Omega Healthcare Investors ‡    260,724    9,443,423 
         65,133,330 
Utilities — 9.4%
Clearway Energy, Cl C   359,736    11,144,622 
Duke Energy   144,882    13,618,908 
National Fuel Gas   189,370    7,624,036 
PPL   420,384    11,632,025 
South Jersey Industries   280,810    6,486,711 
         50,506,302 
TOTAL COMMON STOCK          
(Cost $351,868,144)        377,943,929 
           
MASTER LIMITED PARTNERSHIPS — 28.8%
Energy — 19.0%          
BP Midstream Partners (B)    992,258    11,569,728 
CrossAmerica Partners (B)    825,221    15,472,894 
Delek Logistics Partners (B)    523,676    20,093,448 
KNOT Offshore Partners (B)    841,801    13,746,610 
MPLX (B)    440,933    10,189,962 
Phillips 66 Partners (B)    248,265    6,236,417 
Sunoco (B)    320,737    10,032,654 
USA Compression Partners (B)    1,052,897    13,982,472 
         101,324,185 
Financials — 2.5%          
Compass Diversified Holdings (B)    660,475    13,605,785 
Industrials — 4.8%          
Fortress Transportation & Infrastructure Investors (B)    741,289    16,382,487 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® U.S. ETF

 

   Shares   Value 
MASTER LIMITED PARTNERSHIPS — continued
Industrials — continued          
Icahn Enterprises (B)    167,705   $9,368,001 
         25,750,488 
Real Estate — 2.5%          
Brookfield Property Partners (B)    787,611    13,413,015 
TOTAL MASTER LIMITED PARTNERSHIPS          
(Cost $119,391,505)        154,093,473 
           
SHORT-TERM INVESTMENT(C)(D) — 7.9%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $42,334,251)   42,334,251    42,334,251 
TOTAL INVESTMENTS — 107.4%          
(Cost $513,593,900)       $574,371,653 

 

Percentages are based on Net Assets of $534,827,373.

 

‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $41,953,172.
(B) Security considered Master Limited Partnership. At January 31, 2021, these securities amounted to $154,093,473 or 28.8% of Net Assets of the Fund.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $42,334,251.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class
 
As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
AUSTRALIA— 9.1%        
Industrials — 1.9%    
Aurizon Holdings   62,516   $177,472 
Materials — 5.0%          
Fortescue Metals Group   15,661    261,826 
Rio Tinto   2,742    210,442 
Total Materials        472,268 
Real Estate — 2.2%          
Scentre Group ‡    97,509    204,241 
TOTAL AUSTRALIA        853,981 
AUSTRIA— 2.5%          
Energy — 2.5%          
OMV   5,518    232,892 
BELGIUM— 3.8%          
Communication Services — 1.7%          
Proximus   7,454    157,392 
Consumer Discretionary — 2.1%          
Ageas   3,788    194,621 
TOTAL BELGIUM        352,013 
DENMARK— 3.4%          
Consumer Discretionary — 3.4%          
Pandora *    3,316    321,309 
FINLAND— 4.3%          
Industrials — 2.1%          
Wartsila Abp   19,679    193,799 
Utilities — 2.2%          
Fortum   8,375    203,344 
TOTAL FINLAND        397,143 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
FRANCE— 6.4%        
Energy — 1.8%    
Total   3,981   $168,771 
Real Estate — 4.6%          
Covivio ‡    2,553    210,447 
Klepierre ‡    9,070    218,951 
Total Real Estate        429,398 
TOTAL FRANCE        598,169 
GERMANY— 4.0%          
Industrials — 1.8%          
HOCHTIEF   1,801    167,932 
Materials — 2.2%          
BASF   2,673    207,284 
TOTAL GERMANY        375,216 
HONG KONG— 6.8%          
Communication Services — 2.7%          
HKT Trust & HKT   92,220    121,551 
PCCW   247,765    138,040 
Total Communication Services        259,591 
Real Estate — 2.1%          
Swire Pacific, Cl A   31,000    194,104 
Utilities — 2.0%          
Power Assets Holdings   35,000    186,424 
TOTAL HONG KONG        640,119 
ITALY— 9.2%          
Communication Services — 1.9%          
Telecom Italia   373,576    177,459 
Energy — 1.7%          
Eni   15,627    158,565 
Financials — 3.8%          
Assicurazioni Generali   10,677    182,769 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued          
Poste Italiane   17,491   $171,614 
Total Financials        354,383 
Utilities — 1.8%          
Snam   32,734    172,119 
TOTAL ITALY        862,526 
JAPAN— 8.3%          
Communication Services — 2.1%          
SoftBank   15,400    202,548 
Consumer Staples — 1.6%          
Japan Tobacco   7,590    150,611 
Industrials — 2.3%          
Marubeni   32,100    212,876 
Real Estate — 2.3%          
Japan Retail Fund Investment ‡    115    217,489 
TOTAL JAPAN        783,524 
NETHERLANDS— 3.7%          
Energy — 1.7%          
Royal Dutch Shell, Cl A   8,956    164,551 
Financials — 2.0%          
NN Group   4,532    188,854 
TOTAL NETHERLANDS        353,405 
NEW ZEALAND— 1.9%          
Communication Services — 1.9%          
Spark New Zealand   50,854    175,922 
PORTUGAL— 3.7%          
Energy — 1.6%          
Galp Energia   14,992    150,883 
Utilities — 2.1%          
Energias de Portugal   31,818    199,928 
TOTAL PORTUGAL        350,811 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued
SPAIN— 13.6%        
Communication Services — 1.7%          
Telefonica   36,708   $158,497 
Energy — 1.7%          
Repsol   16,645    164,244 
Financials — 2.4%          
Banco Bilbao Vizcaya Argentaria   50,105    229,308 
           
Industrials — 2.2%          
ACS Actividades de Construccion y Servicios   6,625    207,013 
Utilities — 5.6%          
Enagas   6,440    142,201 
Endesa   6,451    165,368 
Naturgy Energy Group   8,583    222,210 
Total Utilities        529,779 
TOTAL SPAIN        1,288,841 
SWITZERLAND— 4.1%          
Financials — 4.1%          
Swiss Re   2,228    197,004 
Zurich Insurance Group   483    193,395 
Total Financials        390,399 
TOTAL SWITZERLAND        390,399 
UNITED KINGDOM— 15.1%          
Communication Services — 2.1%          
Vodafone Group   113,891    195,243 
Consumer Staples — 3.5%          
British American Tobacco   4,957    180,894 
Imperial Brands   7,482    151,031 
Total Consumer Staples        331,925 
Energy — 1.5%          
BP   37,306    139,085 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® EAFE ETF

 

   Shares/Number
Of Rights		   Value 
COMMON STOCK — continued
Financials — 8.0%    
Legal & General Group   60,270   $201,940 
M&G   72,373    174,813 
Phoenix Group Holdings   18,193    168,582 
Standard Life Aberdeen   49,641    205,931 
Total Financials        751,266 
TOTAL UNITED KINGDOM        1,417,519 
TOTAL COMMON STOCK          
(Cost $8,446,016)        9,393,789 
           
RIGHT — 0.0%
Spain — 0.0%          
ACS Actividades de Construccion y Servicios*   6,625    3,268 
           
TOTAL RIGHT (Cost $0)        3,268 
TOTAL INVESTMENTS — 99.9%          
(Cost $8,446,016)       $9,397,057 

 

Percentages are based on Net Assets of $9,406,922

 

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

 

Cl — Class
 
As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — 99.1%
BRAZIL— 7.1%        
Financials — 7.1%    
Banco do Brasil *    95,932   $594,946 
Banco Santander Brasil   109,100    784,517 
BB Seguridade Participacoes   109,100    552,719 
TOTAL BRAZIL        1,932,182 
CHILE— 1.7%          
Utilities — 1.7%          
Enel Americas   3,068,249    463,036 
CHINA— 29.9%          
Energy — 3.6%          
China Shenhua Energy, Cl H   292,700    542,830 
Yanzhou Coal Mining, Cl H   550,000    425,595 
         968,425 
Financials — 8.2%          
Bank of China Ltd., Cl H   1,433,400    486,190 
Bank of Communications, Cl H   711,080    385,168 
China Everbright Bank, Cl H   1,202,000    494,514 
China Minsheng Banking, Cl H   752,400    430,838 
PICC Property & Casualty, Cl H   586,200    427,903 
         2,224,613 
Industrials — 1.7%          
Shenzhen International Holdings   283,300    466,939 
Information Technology — 3.4%          
Lenovo Group   788,300    928,207 
Real Estate — 11.0%          
Agile Group Holdings   414,400    517,342 
China Aoyuan Group   449,800    397,368 
China Fortune Land Development, Cl A (A)(B)    212,000    311,007 
Guangzhou R&F Properties   359,600    443,828 
KWG Group Holdings   287,400    382,516 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued          
Shanghai Lujiazui Finance & Trade Zone Development, Cl B   530,000   $424,000 
Shenzhen Investment   1,482,800    491,471 
         2,967,532 
Utilities — 2.0%          
China Power International Development   2,392,300    536,843 
TOTAL CHINA        8,092,559 
COLOMBIA— 1.8%          
Energy — 1.8%          
Ecopetrol   855,939    488,025 
CZECH REPUBLIC— 2.0%          
Utilities — 2.0%          
CEZ   22,334    538,735 
EGYPT— 2.4%          
Industrials — 2.4%          
ElSewedy Electric   967,178    640,886 
INDIA— 5.0%          
Financials — 2.6%          
REC   387,665    704,024 
Utilities — 2.4%          
GAIL India   377,189    647,777 
TOTAL INDIA        1,351,801 
INDONESIA— 2.0%          
Energy — 2.0%          
Adaro Energy   6,422,900    549,357 
MALAYSIA— 3.9%          
Consumer Discretionary — 2.0%          
Genting Malaysia   872,310    530,831 
Financials — 1.9%          
Malayan Banking   260,100    502,506 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL MALAYSIA       $1,033,337 
MEXICO— 2.5%          
Real Estate — 2.5%          
Fibra Uno Administracion ‡    601,700    681,035 
PAKISTAN— 2.1%          
Financials — 2.1%          
MCB Bank   478,489    575,561 
ROMANIA— 2.2%          
Real Estate — 2.2%          
NEPI Rockcastle   98,963    601,569 
RUSSIA— 9.4%          
Consumer Staples — 2.2%          
Magnit PJSC GDR   40,316    601,515 
Energy — 3.4%          
Gazprom PJSC   167,220    475,215 
LUKOIL PJSC   6,163    441,167 
         916,382 
Materials — 3.8%          
MMC Norilsk Nickel PJSC   1,470    477,722 
PhosAgro PJSC GDR   35,821    561,673 
         1,039,395 
TOTAL RUSSIA        2,557,292 
SOUTH AFRICA— 11.6%          
Energy — 2.7%          
Exxaro Resources   72,552    727,809 
Financials — 4.4%          
Nedbank Group   79,156    643,608 
Old Mutual   641,169    552,890 
         1,196,498 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® Emerging Markets ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 2.7%    
Kumba Iron Ore   18,425   $744,491 
Real Estate — 1.8%          
Growthpoint Properties ‡    618,416    497,937 
TOTAL SOUTH AFRICA        3,166,735 
SOUTH KOREA— 3.5%          
Financials — 1.9%          
Woori Financial Group *    65,595    516,035 
Industrials — 1.6%          
Hyundai Heavy Industries Holdings   2,049    430,462 
TOTAL SOUTH KOREA        946,497 
TAIWAN— 2.1%          
Information Technology — 2.1%          
Lite-On Technology   284,600    557,969 
THAILAND— 4.1%          
Communication Services — 1.7%          
Total Access Communication NVDR   412,300    447,703 
Financials — 2.4%          
Siam Commercial Bank NVDR   207,300    652,791 
TOTAL THAILAND        1,100,494 
UNITED ARAB EMIRATES— 5.8%          
Financials — 2.5%          
Dubai Islamic Bank PJSC   487,328    668,672 
Real Estate — 3.3%          
Aldar Properties PJSC   936,611    892,460 
TOTAL UNITED ARAB EMIRATES        1,561,132 
TOTAL INVESTMENTS — 99.1%          
(Cost $24,256,764)       $26,838,202 

 

Percentages are based on Net Assets of $27,091,468.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X MSCI SuperDividend® Emerging Markets ETF

 

‡ Real Estate Investment Trust
* Non-income producing security.
(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 January 31, 2021, was $311,007 and represents 1.1% of Net Assets of the Fund.

 

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

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2  

Level 3(1)

   Total 
Common Stock  $24,325,177   $2,202,018   $311,007   $26,838,202 
Total Investments in Securities  $24,325,177   $2,202,018   $311,007   $26,838,202 

 

(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 January 31, 2021, 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) January 31, 2021
   

Global X SuperDividend® REIT ETF

 

   Shares   Value 
COMMON STOCK — 100.1%
AUSTRALIA— 3.8%        
Real Estate — 3.8%
Charter Hall Long Wale ‡ *    722,177   $2,559,890 
Cromwell Property Group ‡    11,797,394    7,331,734 
Dexus ‡    369,505    2,554,352 
Waypoint REIT ‡    994,518    1,961,017 
TOTAL AUSTRALIA        14,406,993 
CANADA— 6.4%          
Real Estate — 6.4%
H&R Real Estate Investment Trust ‡    269,540    2,565,741 
NorthWest Healthcare Properties Real Estate Investment Trust ‡ (A)    1,079,319    10,890,777 
SmartCentres Real Estate Investment Trust ‡ (A)    587,199    10,815,916 
TOTAL CANADA        24,272,434 
MEXICO— 0.7%          
Real Estate — 0.7%
Fibra Uno Administracion ‡    2,268,000    2,567,039 
SINGAPORE— 7.5%          
Real Estate — 7.5%
Ascendas Real Estate Investment Trust ‡    1,113,600    2,584,499 
CapitaLand Retail China Trust ‡    1,361,000    1,415,251 
Manulife US Real Estate Investment Trust ‡    19,962,212    14,672,225 
Mapletree North Asia Commercial Trust ‡    13,332,019    9,845,060 
TOTAL SINGAPORE        28,517,035 
UNITED STATES— 81.7%          
Financials — 38.5%
AGNC Investment ‡    161,583    2,520,695 
Annaly Capital Management ‡    2,288,468    18,582,360 
Apollo Commercial Real Estate Finance ‡    1,058,594    11,835,081 
Arbor Realty Trust ‡    974,180    13,891,807 
ARMOUR Residential ‡    1,398,681    15,623,267 
Blackstone Mortgage Trust, Cl A ‡    436,760    11,644,022 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® REIT ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Broadmark Realty Capital ‡    242,757   $2,497,970 
Chimera Investment ‡    1,187,878    11,997,568 
Dynex Capital ‡    136,332    2,460,793 
KKR Real Estate Finance Trust ‡    827,206    14,161,767 
Ladder Capital, Cl A ‡    917,986    9,023,802 
Orchid Island Capital, Cl A ‡    478,695    2,474,853 
PennyMac Mortgage Investment Trust ‡    145,821    2,515,412 
Ready Capital ‡    1,091,307    12,419,074 
Starwood Property Trust ‡    625,782    11,739,670 
Two Harbors Investment ‡    409,653    2,486,594 
         145,874,735 
Real Estate — 43.2%
Brandywine Realty Trust ‡    852,612    9,378,732 
Brookfield Property, Cl A ‡ (A)    876,619    15,209,340 
Gaming and Leisure Properties ‡    401,007    16,493,418 
GEO Group ‡ (A)    687,749    6,148,476 
Global Medical ‡    516,730    6,479,794 
Global Net Lease ‡    155,111    2,498,838 
Industrial Logistics Properties Trust ‡    503,381    10,676,711 
Iron Mountain ‡    353,266    11,894,466 
LTC Properties ‡    246,513    9,525,262 
Medical Properties Trust ‡    120,520    2,544,177 
MGM Growth Properties, Cl A ‡    348,686    10,861,569 
National Health Investors ‡    145,804    9,453,931 
Office Properties Income Trust ‡    292,266    6,763,035 
Omega Healthcare Investors ‡    434,102    15,723,174 
Physicians Realty Trust ‡    144,338    2,544,679 
Spirit Realty Capital ‡    198,207    7,642,862 
Uniti Group ‡    670,092    8,248,833 
VEREIT ‡    71,463    2,517,641 
WP Carey ‡    135,107    8,971,105 
         163,576,043 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperDividend® REIT ETF

 

   Shares   Value 
COMMON STOCK — continued
TOTAL UNITED STATES       $309,450,778 
TOTAL COMMON STOCK          
(Cost $391,523,950)        379,214,279 
           
SHORT-TERM INVESTMENT(B)(C) — 4.1%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $15,278,966)   15,278,966    15,278,966 
TOTAL INVESTMENTS — 104.2%          
(Cost $406,802,916)       $394,493,245 

 

Percentages are based on Net Assets of $378,768,044.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $14,625,079.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $15,278,966.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

Cl — Class
REIT — Real Estate Investment Trust
 
As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — 103.3% (A)
ARGENTINA— 0.7%        
Consumer Discretionary — 0.7%
MercadoLibre *    7,393   $13,155,917 
CHINA— 2.1%          
Communication Services — 0.9%
Baidu ADR *    41,470    9,746,279 
NetEase ADR   47,610    5,474,674 
         15,220,953 
Consumer Discretionary — 1.2%
JD.com ADR *    130,859    11,605,885 
Pinduoduo ADR *    44,766    7,418,174 
Trip.com Group ADR *    74,327    2,365,828 
         21,389,887 
TOTAL CHINA        36,610,840 
ISRAEL— 0.2%          
Information Technology — 0.2%
Check Point Software Technologies *    21,272    2,717,285 
NETHERLANDS— 0.7%          
Information Technology — 0.7%
ASML Holding, Cl G   11,384    6,080,877 
NXP Semiconductors   41,957    6,732,840 
TOTAL NETHERLANDS        12,813,717 
UNITED STATES— 99.6%          
Communication Services — 17.9%
Activision Blizzard   116,024    10,558,184 
Alphabet, Cl A *    29,686    54,247,009 
Alphabet, Cl C *    32,583    59,813,916 
Charter Communications, Cl A *    30,000    18,226,800 
Comcast, Cl A   686,244    34,017,115 
Electronic Arts   43,751    6,265,143 
Facebook, Cl A *    237,512    61,356,475 
Fox, Cl A   44,358    1,383,082 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Fox, Cl B   36,531   $1,091,912 
Match Group *    40,196    5,621,813 
Netflix *    66,406    35,353,891 
Sirius XM Holdings   627,206    3,926,310 
T-Mobile US *    186,524    23,516,946 
         315,378,596 
Consumer Discretionary — 18.0%
Amazon.com *    49,575    158,947,365 
Booking Holdings *    6,073    11,807,916 
Dollar Tree *    35,570    3,616,046 
eBay   104,131    5,884,443 
Lululemon Athletica *    18,842    6,192,989 
Marriott International, Cl A *    49,005    5,699,772 
O’Reilly Automotive *    10,939    4,654,216 
Peloton Interactive, Cl A *    38,625    5,644,271 
Ross Stores *    53,776    5,984,731 
Starbucks   176,327    17,070,216 
Tesla *    115,908    91,976,475 
         317,478,440 
Consumer Staples — 5.1%
Costco Wholesale   66,312    23,370,338 
Keurig Dr Pepper   212,512    6,757,882 
Kraft Heinz   184,624    6,186,750 
Mondelez International, Cl A   214,753    11,905,907 
Monster Beverage *    79,719    6,922,001 
PepsiCo   207,729    28,369,549 
Walgreens Boots Alliance   130,832    6,574,308 
         90,086,735 
Health Care — 7.0%
Alexion Pharmaceuticals *    33,019    5,062,803 
Align Technology *    11,962    6,284,596 
Amgen   87,491    21,122,953 
Biogen Idec *    23,250    6,570,683 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Cerner   43,773   $3,506,655 
DexCom *    14,455    5,418,457 
Gilead Sciences   188,231    12,347,954 
IDEXX Laboratories *    12,837    6,144,815 
Illumina *    21,897    9,337,757 
Incyte *    33,079    2,968,840 
Intuitive Surgical *    17,626    13,177,902 
Moderna *    59,776    10,350,812 
Regeneron Pharmaceuticals *    15,722    7,921,372 
Seagen *    27,257    4,477,507 
Vertex Pharmaceuticals *    39,010    8,936,411 
         123,629,517 
Industrials — 1.8%
Cintas   15,778    5,019,298 
Copart *    33,755    3,704,611 
CSX   114,799    9,844,588 
Fastenal   82,617    3,766,509 
PACCAR   49,908    4,552,608 
Verisk Analytics, Cl A   23,406    4,295,001 
         31,182,615 
Information Technology — 48.8%
Adobe *    72,114    33,083,740 
Advanced Micro Devices *    178,535    15,289,737 
Analog Devices   55,462    8,171,216 
ANSYS *    12,269    4,347,766 
Apple   1,680,043    221,698,474 
Applied Materials   137,174    13,261,982 
Atlassian, Cl A *    19,992    4,620,751 
Autodesk *    32,898    9,126,892 
Automatic Data Processing   64,401    10,633,893 
Broadcom   60,767    27,375,534 
Cadence Design Systems *    42,118    5,491,766 
CDW   21,644    2,849,649 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Cisco Systems   635,041   $28,310,128 
Cognizant Technology Solutions, Cl A   80,750    6,294,463 
DocuSign, Cl A *    27,964    6,512,536 
Fiserv *    100,650    10,335,749 
Intel   615,977    34,192,883 
Intuit   38,975    14,078,939 
KLA   23,327    6,533,193 
Lam Research   21,625    10,465,419 
Marvell Technology Group   101,232    5,209,399 
Maxim Integrated Products *    40,415    3,544,800 
Microchip Technology   39,284    5,346,945 
Micron Technology *    167,181    13,085,257 
Microsoft   747,089    173,294,765 
NVIDIA   93,040    48,342,654 
Okta, Cl A *    18,178    4,708,284 
Paychex   54,319    4,743,135 
PayPal Holdings *    176,119    41,266,442 
QUALCOMM   169,960    26,561,349 
Skyworks Solutions   23,933    4,050,660 
Splunk *    23,044    3,802,951 
Synopsys *    22,963    5,865,898 
Texas Instruments   137,922    22,852,296 
VeriSign *    16,585    3,218,651 
Workday, Cl A *    27,209    6,190,864 
Xilinx *    37,055    4,838,271 
Zoom Video Communications, Cl A *    29,249    10,882,675 
         860,480,006 
Utilities — 1.0%
American Electric Power   74,932    6,062,748 
Exelon   147,317    6,122,495 
Xcel Energy   79,369    5,078,822 
         17,264,065 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

  

   Shares/Number
of Contracts		   Value 
TOTAL UNITED STATES       $1,755,499,974 
TOTAL COMMON STOCK          
(Cost $1,184,903,718)        1,820,797,733 
TOTAL INVESTMENTS — 103.3%          
(Cost $1,184,903,718)       $1,820,797,733 
           
WRITTEN OPTION— (3.6)%(1)          
UNITED STATES— (3.6)%          
(Premiums Received $60,468,066)   (1,408)  $(62,693,055)

 

Percentages are based on Net Assets of $1,762,885,762.

 

A list of the exchange traded option contracts held by the Fund at January 31, 2021, is as follows:

 

Description  Number of
Contracts		   Cost+  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (3.6)%                       
Call Options                       
NDX*   (1,408)  $(60,468,066)  $12,825.00   02/20/21  $(62,693,055)

 

* Non-income producing security.
+ Notional amount for all options totals $(1,819,892,096).
(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 January 31, 2021 was $1,820,797,733.

   
ADR — American Depositary Receipt

Cl — Class

NDX — NDX Index

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $1,820,797,733   $—   $—   $1,820,797,733 
Total Investments in Securities  $1,820,797,733   $—   $—   $1,820,797,733 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X NASDAQ 100® Covered Call ETF

 

Liabilities 

Level 1

  

Level 2

  

Level 3

  

Total

 
Written Option  $(62,693,055)  $—   $—   $(62,693,055)
Total Liabilities  $(62,693,055)  $—   $—   $(62,693,055)

  

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — 101.3% (A)
UNITED KINGDOM— 0.4%        
Energy — 0.0%
TechnipFMC   2,518   $26,918 
Materials — 0.4%
Linde   2,241    549,941 
TOTAL UNITED KINGDOM        576,859 
UNITED STATES— 100.9%          
Communication Services — 10.9%
Activision Blizzard   3,248    295,568 
Alphabet, Cl A *    1,294    2,364,604 
Alphabet, Cl C *    1,251    2,296,511 
AT&T   30,672    878,139 
Charter Communications, Cl A *    615    373,649 
Comcast, Cl A   19,685    975,786 
Discovery, Cl A *    908    37,609 
Discovery, Cl C *    1,047    36,676 
DISH Network, Cl A *    1,400    40,628 
Electronic Arts   1,300    186,160 
Facebook, Cl A *    10,356    2,675,265 
Fox, Cl A   1,400    43,652 
Fox, Cl B   908    27,140 
Interpublic Group   1,019    24,527 
Live Nation Entertainment *    617    41,000 
Lumen Technologies   4,058    50,238 
Netflix *    1,905    1,014,203 
News, Cl A   2,231    43,281 
News, Cl B   721    13,613 
Omnicom Group   900    56,142 
Take-Two Interactive Software *    494    99,022 
T-Mobile US *    2,431    306,500 
Twitter *    3,533    178,523 
Verizon Communications   17,862    977,945 
ViacomCBS, Cl B   2,597    125,955 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Walt Disney *    7,841   $1,318,621 
         14,480,957 
Consumer Discretionary — 13.0%
Advance Auto Parts   281    41,908 
Amazon.com *    1,841    5,902,614 
Aptiv *    1,238    165,397 
AutoZone *    94    105,127 
Best Buy   927    100,876 
Booking Holdings *    171    332,480 
BorgWarner   832    34,935 
CarMax *    703    82,799 
Carnival *    2,488    46,451 
Chipotle Mexican Grill, Cl A *    120    177,600 
Darden Restaurants   526    61,484 
Dollar General   996    193,831 
Dollar Tree *    1,130    114,876 
Domino’s Pizza   191    70,815 
DR Horton   1,623    124,646 
eBay   2,994    169,191 
Etsy *    486    96,758 
Expedia Group *    550    68,255 
Ford Motor *    15,301    161,120 
Gap   1,258    25,475 
Garmin   692    79,483 
General Motors *    5,529    280,210 
Genuine Parts   671    62,994 
Hanesbrands   2,099    32,094 
Hasbro   652    61,171 
Hilton Worldwide Holdings *    1,217    123,392 
Home Depot   4,657    1,261,209 
L Brands *    868    35,380 
Las Vegas Sands *    1,596    76,752 
Leggett & Platt   770    31,570 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Lennar, Cl A   1,199   $99,697 
LKQ *    1,180    41,406 
Lowe’s   3,111    519,070 
Marriott International, Cl A *    1,203    139,921 
McDonald’s   3,190    663,010 
MGM Resorts International   1,923    54,921 
Mohawk Industries *    208    29,869 
Newell Brands   2,246    53,949 
NIKE, Cl B   5,381    718,848 
Norwegian Cruise Line Holdings *    1,053    23,850 
NVR *    12    53,358 
O’Reilly Automotive *    330    140,405 
Pool   183    64,815 
PulteGroup   1,026    44,631 
PVH *    200    17,052 
Ralph Lauren, Cl A *    322    32,538 
Ross Stores *    1,581    175,949 
Royal Caribbean Cruises *    858    55,770 
Starbucks   5,161    499,636 
Tapestry *    973    30,766 
Target   2,098    380,095 
Tesla *    3,299    2,617,855 
TJX   5,019    321,417 
Tractor Supply   548    77,674 
Ulta Beauty *    263    73,577 
Under Armour, Cl A *    1,084    18,970 
Under Armour, Cl C *    1,116    16,706 
VF   1,209    92,936 
Whirlpool   335    62,005 
Wynn Resorts *    443    44,092 
Yum! Brands   1,172    118,946 
         17,404,627 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — 6.3%
Altria Group   7,767   $319,068 
Archer-Daniels-Midland   2,474    123,725 
Brown-Forman, Cl B   767    54,971 
Campbell Soup   785    37,766 
Church & Dwight   982    82,910 
Clorox   504    105,568 
Coca-Cola   16,639    801,168 
Colgate-Palmolive   3,565    278,070 
Conagra Brands   1,878    64,979 
Constellation Brands, Cl A   669    141,112 
Costco Wholesale   1,889    665,740 
Estee Lauder, Cl A   1,017    240,673 
General Mills   2,404    139,672 
Hershey   651    94,681 
Hormel Foods   1,312    61,480 
J M Smucker   538    62,629 
Kellogg   1,182    69,667 
Kimberly-Clark   1,568    207,133 
Kraft Heinz   2,987    100,094 
Kroger   2,864    98,808 
Lamb Weston Holdings   646    48,256 
McCormick   1,185    106,105 
Molson Coors Beverage, Cl B *    1,079    54,123 
Mondelez International, Cl A   5,986    331,864 
Monster Beverage *    1,581    137,278 
PepsiCo   5,944    811,772 
Philip Morris International   6,910    550,382 
Procter & Gamble   10,749    1,378,129 
Sysco   2,006    143,449 
Tyson Foods, Cl A   1,476    94,922 
Walgreens Boots Alliance   3,251    163,363 
Walmart   5,963    837,742 
         8,407,299 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 2.4%
Apache   1,174   $16,765 
Baker Hughes, Cl A   3,135    62,982 
Cabot Oil & Gas   1,311    24,031 
Chevron   8,244    702,389 
ConocoPhillips   5,633    225,487 
Devon Energy   1,713    28,196 
Diamondback Energy   879    49,830 
EOG Resources   2,330    118,737 
Exxon Mobil   18,147    813,711 
Halliburton   4,337    76,461 
Hess   1,390    75,032 
HollyFrontier   865    24,618 
Kinder Morgan   7,703    108,458 
Marathon Oil   4,879    35,324 
Marathon Petroleum   2,916    125,855 
NOV *    2,226    27,558 
Occidental Petroleum   3,201    64,212 
ONEOK   2,062    82,129 
Phillips 66   1,670    113,226 
Pioneer Natural Resources   717    86,685 
Schlumberger   6,254    138,901 
Valero Energy   1,963    110,772 
Williams   4,546    96,512 
         3,207,871 
Financials — 10.5%
Aflac   2,489    112,453 
Allstate   1,242    133,118 
American Express   2,720    316,227 
American International Group   3,334    124,825 
Ameriprise Financial   534    105,663 
Aon, Cl A   944    191,726 
Arthur J Gallagher   886    102,253 
Assurant   199    26,958 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Bank of America   32,791   $972,253 
Bank of New York Mellon   3,658    145,698 
Berkshire Hathaway, Cl B *    8,375    1,908,411 
BlackRock, Cl A   603    422,860 
Capital One Financial   1,976    206,018 
Cboe Global Markets   513    47,057 
Charles Schwab   6,221    320,630 
Chubb   1,871    272,549 
Cincinnati Financial   710    59,704 
Citigroup   8,874    514,603 
Citizens Financial Group   1,652    60,199 
CME Group, Cl A   1,484    269,702 
Comerica   470    26,884 
Discover Financial Services   1,333    111,359 
Everest Re Group   160    33,773 
Fifth Third Bancorp   3,073    88,902 
First Republic Bank   804    116,572 
Franklin Resources   1,596    41,959 
Globe Life   380    34,348 
Goldman Sachs Group   1,496    405,670 
Hartford Financial Services Group   1,344    64,539 
Huntington Bancshares   3,604    47,663 
Intercontinental Exchange   2,533    279,517 
Invesco   2,359    48,572 
JPMorgan Chase   13,219    1,700,889 
KeyCorp   4,823    81,316 
Lincoln National   643    29,250 
Loews   1,285    58,198 
M&T Bank   534    70,739 
MarketAxess Holdings   181    97,878 
Marsh & McLennan   2,314    254,332 
MetLife   3,482    167,658 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Moody’s   729   $194,104 
Morgan Stanley   6,007    402,769 
MSCI, Cl A   359    141,913 
Nasdaq   538    72,775 
Northern Trust   908    80,984 
People’s United Financial   2,109    28,809 
PNC Financial Services Group   1,744    250,299 
Principal Financial Group   899    44,294 
Progressive   2,653    231,315 
Prudential Financial   1,522    119,142 
Raymond James Financial   491    49,066 
Regions Financial   4,404    74,912 
S&P Global   1,003    317,951 
State Street   1,568    109,760 
SVB Financial Group *    216    94,560 
Synchrony Financial   2,280    76,722 
T Rowe Price Group   1,012    158,358 
Travelers   1,090    148,567 
Truist Financial   6,091    292,246 
Unum Group   1,292    30,013 
US Bancorp   5,642    241,760 
W R Berkley   488    30,324 
Wells Fargo   18,122    541,485 
Willis Towers Watson   621    126,026 
Zions Bancorp   1,001    44,184 
         13,975,263 
Health Care — 13.9%
Abbott Laboratories   7,615    941,138 
AbbVie   7,579    776,696 
ABIOMED *    188    65,471 
Agilent Technologies   1,204    144,685 
Alexion Pharmaceuticals *    854    130,944 
Align Technology *    291    152,885 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
AmerisourceBergen, Cl A   642   $66,896 
Amgen   2,484    599,712 
Anthem   1,038    308,265 
Baxter International   2,289    175,864 
Becton Dickinson   1,224    320,431 
Biogen Idec *    609    172,109 
Bio-Rad Laboratories, Cl A *    90    51,639 
Boston Scientific *    5,971    211,612 
Bristol-Myers Squibb   9,652    592,922 
Cardinal Health   1,384    74,362 
Catalent *    667    76,738 
Centene *    2,588    156,056 
Cerner   1,353    108,389 
Cigna   1,499    325,358 
Cooper   192    69,896 
CVS Health   5,501    394,147 
Danaher   2,700    642,168 
DaVita *    407    47,770 
DENTSPLY SIRONA   988    52,848 
DexCom *    374    140,194 
Edwards Lifesciences *    2,845    234,940 
Eli Lilly   3,514    730,807 
Gilead Sciences   5,469    358,766 
HCA Healthcare   1,144    185,877 
Henry Schein *    784    51,626 
Hologic *    1,210    96,473 
Humana   598    229,100 
IDEXX Laboratories *    369    176,633 
Illumina *    664    283,156 
Incyte *    856    76,826 
Intuitive Surgical *    495    370,082 
IQVIA Holdings *    875    155,575 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Johnson & Johnson   11,429   $1,864,413 
Laboratory Corp of America Holdings *    460    105,299 
McKesson   639    111,486 
Medtronic   5,760    641,261 
Merck   10,882    838,676 
Mettler-Toledo International *    91    106,297 
PerkinElmer   464    68,241 
Perrigo   759    32,409 
Pfizer   23,923    858,836 
Quest Diagnostics   631    81,494 
Regeneron Pharmaceuticals *    459    231,263 
ResMed   691    139,285 
STERIS   361    67,547 
Stryker   1,363    301,236 
Teleflex   203    76,659 
Thermo Fisher Scientific   1,702    867,510 
UnitedHealth Group   4,110    1,371,014 
Universal Health Services, Cl B *    425    52,989 
Varian Medical Systems *    401    70,403 
Vertex Pharmaceuticals *    1,069    244,887 
Viatris, Cl W *    5,925    100,666 
Waters *    302    79,930 
West Pharmaceutical Services   322    96,436 
Zimmer Biomet Holdings   928    142,606 
Zoetis, Cl A   1,982    305,723 
         18,605,622 
Industrials — 8.2%
3M   2,538    445,825 
Alaska Air Group *    387    18,897 
Allegion   374    40,022 
American Airlines Group *    2,365    40,607 
AMETEK   1,014    114,845 
AO Smith   507    27,530 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Boeing *    2,260   $438,869 
Carrier Global   3,559    137,021 
Caterpillar   2,289    418,521 
CH Robinson Worldwide   623    53,304 
Cintas   380    120,885 
Copart *    829    90,983 
CSX   3,169    271,757 
Cummins   656    153,779 
Deere   1,366    394,501 
Delta Air Lines *    2,980    113,121 
Dover   615    71,641 
Eaton   1,821    214,332 
Emerson Electric   2,685    213,055 
Equifax   571    101,130 
Expeditors International of Washington   703    62,932 
Fastenal   2,183    99,523 
FedEx   1,088    256,050 
Flowserve   777    27,630 
Fortive   1,241    82,005 
Fortune Brands Home & Security   557    48,041 
General Dynamics   1,036    151,960 
General Electric   36,871    393,782 
Honeywell International   3,000    586,110 
Howmet Aerospace *    1,851    45,498 
Huntington Ingalls Industries   222    34,927 
IDEX   318    59,208 
IHS Markit   1,510    131,491 
Illinois Tool Works   1,200    233,052 
Ingersoll Rand *    1,858    77,739 
Jacobs Engineering Group   543    54,821 
JB Hunt Transport Services   345    46,458 
Johnson Controls International   3,328    165,801 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Kansas City Southern   404   $81,879 
L3Harris Technologies   859    147,327 
Lockheed Martin   1,080    347,566 
Masco   1,116    60,610 
Nielsen Holdings   2,011    44,906 
Norfolk Southern   1,042    246,558 
Northrop Grumman   714    204,639 
Old Dominion Freight Line   410    79,540 
Otis Worldwide   1,815    117,340 
PACCAR   1,386    126,431 
Parker-Hannifin   555    146,858 
Pentair   947    51,574 
Quanta Services   509    35,869 
Raytheon Technologies   6,716    448,159 
Republic Services, Cl A   1,005    90,973 
Robert Half International   415    28,012 
Rockwell Automation   444    110,347 
Rollins   1,200    43,224 
Roper Technologies   471    185,061 
Snap-On   209    37,618 
Southwest Airlines *    2,651    116,485 
Stanley Black & Decker   683    118,494 
Teledyne Technologies *    156    55,694 
Textron   887    40,146 
Trane Technologies   1,060    151,951 
TransDigm Group *    249    137,767 
Union Pacific   2,871    566,936 
United Airlines Holdings *    1,117    44,669 
United Parcel Service, Cl B   3,142    487,010 
United Rentals *    301    73,146 
Verisk Analytics, Cl A   698    128,083 
Waste Management   1,750    194,810 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Westinghouse Air Brake Technologies   903   $67,012 
WW Grainger   204    74,336 
Xylem   840    81,136 
         11,009,819 
Information Technology — 28.2%
Accenture, Cl A   2,714    656,571 
Adobe *    2,070    949,654 
Advanced Micro Devices *    5,102    436,935 
Akamai Technologies *    707    78,498 
Amphenol, Cl A   1,336    166,840 
Analog Devices   1,548    228,067 
ANSYS *    385    136,433 
Apple   68,995    9,104,580 
Applied Materials   3,814    368,737 
Arista Networks *    225    69,201 
Autodesk *    924    256,345 
Automatic Data Processing   1,787    295,070 
Broadcom   1,734    781,167 
Broadridge Financial Solutions   494    69,807 
Cadence Design Systems *    1,098    143,168 
CDW   620    81,629 
Cisco Systems   18,158    809,484 
Citrix Systems   553    73,720 
Cognizant Technology Solutions, Cl A   2,212    172,425 
Corning   3,234    116,004 
DXC Technology *    1,466    41,341 
Enphase Energy *    545    99,381 
F5 Networks *    329    64,468 
Fidelity National Information Services   2,720    335,811 
Fiserv *    2,300    236,187 
FleetCor Technologies *    306    74,282 
FLIR Systems   789    41,067 
Fortinet *    671    97,127 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Gartner *    411   $62,435 
Global Payments   1,251    220,827 
Hewlett Packard Enterprise   5,449    67,241 
HP   6,352    154,608 
Intel   17,624    978,308 
International Business Machines   3,939    469,174 
Intuit   1,109    400,604 
IPG Photonics *    132    29,493 
Jack Henry & Associates   329    47,636 
Juniper Networks   1,887    46,080 
Keysight Technologies *    895    126,723 
KLA   702    196,609 
Lam Research   605    292,790 
Leidos Holdings   567    60,136 
Mastercard, Cl A   3,808    1,204,432 
Maxim Integrated Products *    1,159    101,656 
Microchip Technology   1,181    160,746 
Micron Technology *    4,694    367,399 
Microsoft   32,631    7,569,087 
Motorola Solutions   648    108,572 
NetApp   1,060    70,426 
NortonLifeLock   2,830    59,628 
NVIDIA   2,681    1,393,021 
Oracle   8,059    487,005 
Paychex   1,527    133,338 
Paycom Software *    204    77,467 
PayPal Holdings *    5,065    1,186,780 
Qorvo *    561    95,864 
QUALCOMM   4,846    757,333 
salesforce.com *    3,937    888,030 
Seagate Technology   1,079    71,344 
ServiceNow *    827    449,193 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions   804   $136,077 
Synopsys *    604    154,292 
TE Connectivity   1,486    178,914 
Teradyne   677    76,826 
Texas Instruments   3,925    650,333 
Trimble *    1,076    70,919 
Tyler Technologies *    169    71,452 
VeriSign *    494    95,871 
Visa, Cl A   7,352    1,420,774 
Vontier *    667    21,631 
Western Digital *    1,415    79,848 
Western Union   2,012    44,807 
Xerox Holdings   1,201    25,257 
Xilinx *    1,048    136,837 
Zebra Technologies, Cl A *    248    96,182 
         37,578,004 
Materials — 2.2%
Air Products & Chemicals   927    247,287 
Albemarle   421    68,480 
Amcor   6,827    74,687 
Avery Dennison   382    57,632 
Ball   1,311    115,394 
Celanese, Cl A   487    59,487 
CF Industries Holdings   802    33,187 
Corteva   3,039    121,135 
Dow   3,215    166,858 
DuPont de Nemours   3,298    262,026 
Eastman Chemical   554    54,486 
Ecolab   1,033    211,259 
FMC   577    62,483 
Freeport-McMoRan Copper & Gold *    6,277    168,914 
International Flavors & Fragrances   499    56,078 
International Paper   1,835    92,319 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
LyondellBasell Industries, Cl A   946   $81,129 
Martin Marietta Materials   296    85,074 
Mosaic   2,055    53,348 
Newmont   3,688    219,805 
Nucor   1,279    62,325 
Packaging Corp of America   382    51,364 
PPG Industries   1,059    142,658 
Sealed Air   813    34,366 
Sherwin-Williams   369    255,274 
Vulcan Materials   623    92,914 
Westrock   989    40,974 
         2,970,943 
Real Estate — 2.6%
Alexandria Real Estate Equities ‡    484    80,881 
American Tower, Cl A ‡    1,883    428,119 
Apartment Investment and Management, Cl A ‡ *    27    124 
AvalonBay Communities ‡    624    102,130 
Boston Properties ‡    562    51,294 
CBRE Group, Cl A *    1,448    88,299 
Crown Castle International ‡    1,940    308,964 
Digital Realty Trust ‡    1,288    185,408 
Duke Realty ‡    1,723    68,162 
Equinix ‡    369    273,045 
Equity Residential ‡    1,679    103,493 
Essex Property Trust ‡    313    74,998 
Extra Space Storage ‡    604    68,729 
Federal Realty Investment Trust ‡    416    36,425 
Healthpeak Properties ‡    1,995    59,152 
Host Hotels & Resorts ‡ *    3,176    43,035 
Iron Mountain ‡    1,609    54,175 
Kimco Realty ‡    2,470    40,780 
Mid-America Apartment Communities ‡    536    71,154 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
ProLogis ‡    3,073   $317,134 
Public Storage ‡    595    135,434 
Realty Income ‡    1,676    98,984 
Regency Centers ‡    908    42,839 
SBA Communications, Cl A ‡    498    133,798 
Simon Property Group ‡    1,369    127,221 
SL Green Realty ‡    440    29,684 
UDR ‡    1,587    61,020 
Ventas ‡    1,594    73,436 
Vornado Realty Trust ‡    747    29,701 
Welltower ‡    1,950    118,170 
Weyerhaeuser ‡    3,249    101,336 
         3,407,124 
Utilities — 2.8%
AES   2,686    65,511 
Alliant Energy   1,043    50,742 
Ameren   961    69,884 
American Electric Power   2,223    179,863 
American Water Works   735    116,880 
Atmos Energy   519    46,191 
CenterPoint Energy   2,208    46,567 
CMS Energy   1,348    76,674 
Consolidated Edison   1,364    96,544 
Dominion Energy   3,359    244,837 
DTE Energy   919    109,104 
Duke Energy   3,045    286,230 
Edison International   1,735    100,908 
Entergy   956    91,135 
Evergy   1,072    57,599 
Eversource Energy   1,583    138,512 
Exelon   4,234    175,965 
FirstEnergy   2,741    84,313 
NextEra Energy   8,378    677,529 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

   Shares/Number
of Contracts		   Value 
COMMON STOCK — continued
Utilities — continued
NiSource   2,006   $44,433 
NRG Energy   968    40,085 
Pinnacle West Capital   450    33,863 
PPL   3,403    94,161 
Public Service Enterprise Group   2,019    113,932 
Sempra Energy   1,139    140,963 
Southern   4,789    282,168 
WEC Energy Group   1,205    107,124 
Xcel Energy   2,267    145,065 
         3,716,782 
TOTAL UNITED STATES        134,764,311 
TOTAL INVESTMENTS — 101.4%          
(Cost $113,310,454)       $135,341,170 
           
WRITTEN OPTION— (1.6)%(1)          
UNITED STATES— (1.6)%          
(Premiums Received $3,388,006)   (364)  $(2,089,360)

 

Percentages are based on Net Assets of $133,425,665.

 

A list of the exchange traded option contracts held by the Fund at January 31, 2021, is as follows:

 

Description  Number of
Contracts		   Cost+  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (1.6)%                       
Call Options                       
S&P 500 Index*   (364)  $(3,388,006)  $3,765.00   02/20/21  $(2,089,360)

 

* Non-income producing security.
‡ Real Estate Investment Trust
+ Notional amount for all options totals $(135,234,736).
(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 January 31, 2021 was $135,093,883.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Covered Call ETF

 

Cl — Class
S&P — Standard & Poor’s
 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $135,341,170   $—   $—   $135,341,170 
Total Investments in Securities  $135,341,170   $—   $—   $135,341,170 

 

Liabilities  Level 1   Level 2   Level 3   Total 
Written Option  $(2,089,360)  $—   $—   $(2,089,360)
Total Liabilities  $(2,089,360)  $—   $—   $(2,089,360)

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X Russell 2000 Covered Call ETF

 

   Shares/Number
of Contracts		   Value 
EXCHANGE TRADED FUND — 102.1%‡ (A)
Vanguard Russell 2000 ETF        
(Cost $32,713,254)   248,989   $41,332,174 
TOTAL INVESTMENTS — 102.1%          
(Cost $32,713,254)       $41,332,174 
           
WRITTEN OPTION— (2.1)%(1)          
UNITED STATES— (2.1)%          
(Premiums Received $1,407,836)   (199)  $(854,025)

 

Percentages are based on Net Assets of $40,494,318.

 

A list of the exchange traded option contracts held by the Fund at January 31, 2021, is as follows:

 

Description  Number of
Contracts		   Cost+  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (2.1)%                       
Call Options                       
Russell 2000 Index*   (199)  $(1,407,836)  $2,120.00   02/20/21  $(854,025)

 

+ Notional amount for all options totals $(41,265,456).
‡ 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 January 31, 2021 was $41,332,174.

   
ETF — Exchange Traded Fund
 
 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Exchange Traded Fund   41,332,174    —    —    41,332,174 
Total Investments in Securities  $41,332,174   $—   $—   $41,332,174 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Russell 2000 Covered Call ETF

 

Liabilities  Level 1   Level 2   Level 3   Total 
Written Option  $(854,025)  $—   $—   $(854,025)
Total Liabilities  $(854,025)  $—   $—   $(854,025)

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — 101.7% (A)
ARGENTINA— 0.8%        
Consumer Discretionary — 0.8%
MercadoLibre *    19   $33,811 
CHINA— 2.0%          
Communication Services — 0.8%
Baidu ADR *    102    23,972 
NetEase ADR   121    13,914 
         37,886 
Consumer Discretionary — 1.2%
JD.com ADR *    321    28,469 
Pinduoduo ADR *    109    18,062 
Trip.com Group ADR *    187    5,952 
         52,483 
TOTAL CHINA        90,369 
ISRAEL— 0.1%          
Information Technology — 0.1%
Check Point Software Technologies *    51    6,515 
NETHERLANDS— 0.7%          
Information Technology — 0.7%
ASML Holding, Cl G   28    14,956 
NXP Semiconductors   103    16,528 
TOTAL NETHERLANDS        31,484 
UNITED STATES— 98.1%          
Communication Services — 17.6%
Activision Blizzard   284    25,844 
Alphabet, Cl A *    74    135,225 
Alphabet, Cl C *    82    150,531 
Charter Communications, Cl A *    75    45,567 
Comcast, Cl A   1,721    85,310 
Electronic Arts   109    15,609 
Facebook, Cl A *    595    153,707 
Fox, Cl A   123    3,835 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Fox, Cl B   93   $2,780 
Match Group *    100    13,986 
Netflix *    166    88,376 
Sirius XM Holdings   1,551    9,709 
T-Mobile US *    468    59,005 
         789,484 
Consumer Discretionary — 17.7%
Amazon.com *    124    397,568 
Booking Holdings *    15    29,165 
Dollar Tree *    85    8,641 
eBay   260    14,693 
Lululemon Athletica *    47    15,448 
Marriott International, Cl A *    122    14,190 
O’Reilly Automotive *    27    11,488 
Peloton Interactive, Cl A *    93    13,590 
Ross Stores *    134    14,913 
Starbucks   443    42,887 
Tesla *    290    230,124 
         792,707 
Consumer Staples — 5.0%
Costco Wholesale   166    58,503 
Keurig Dr Pepper   531    16,886 
Kraft Heinz   462    15,482 
Mondelez International, Cl A   527    29,217 
Monster Beverage *    199    17,279 
PepsiCo   521    71,153 
Walgreens Boots Alliance   327    16,432 
         224,952 
Health Care — 6.9%
Alexion Pharmaceuticals *    83    12,726 
Align Technology *    29    15,236 
Amgen   220    53,114 
Biogen Idec *    58    16,391 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Cerner   109   $8,732 
DexCom *    36    13,495 
Gilead Sciences   462    30,307 
IDEXX Laboratories *    32    15,318 
Illumina *    55    23,454 
Incyte *    78    7,001 
Intuitive Surgical *    44    32,896 
Moderna *    149    25,801 
Regeneron Pharmaceuticals *    39    19,650 
Seagen *    68    11,170 
Vertex Pharmaceuticals *    96    21,992 
         307,283 
Industrials — 1.8%
Cintas   39    12,407 
Copart *    84    9,219 
CSX   281    24,096 
Fastenal   205    9,346 
PACCAR   131    11,950 
Verisk Analytics, Cl A   61    11,194 
         78,212 
Information Technology — 48.1%
Adobe *    181    83,037 
Advanced Micro Devices *    455    38,966 
Analog Devices   139    20,479 
ANSYS *    32    11,340 
Apple   4,201    554,364 
Applied Materials   337    32,581 
Atlassian, Cl A *    50    11,557 
Autodesk *    82    22,749 
Automatic Data Processing   158    26,089 
Broadcom   153    68,927 
Cadence Design Systems *    105    13,691 
CDW   51    6,715 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Cisco Systems   1,593   $71,016 
Cognizant Technology Solutions, Cl A   202    15,746 
DocuSign, Cl A *    70    16,302 
Fiserv *    247    25,364 
Intel   1,544    85,708 
Intuit   97    35,039 
KLA   58    16,244 
Lam Research   54    26,133 
Marvell Technology Group   253    13,019 
Maxim Integrated Products *    96    8,420 
Microchip Technology   98    13,339 
Micron Technology *    421    32,952 
Microsoft   1,868    433,301 
NVIDIA   233    121,065 
Okta, Cl A *    45    11,655 
Paychex   136    11,876 
PayPal Holdings *    441    103,331 
QUALCOMM   426    66,575 
Skyworks Solutions   60    10,155 
Splunk *    57    9,407 
Synopsys *    57    14,561 
Texas Instruments   346    57,329 
VeriSign *    43    8,345 
Workday, Cl A *    68    15,472 
Xilinx *    93    12,143 
Zoom Video Communications, Cl A *    73    27,161 
         2,152,153 
Utilities — 1.0%
American Electric Power   187    15,130 
Exelon   368    15,294 
Xcel Energy   198    12,670 
         43,094 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

   Shares/Number
of Contracts		   Value 
TOTAL UNITED STATES       $4,387,885 
TOTAL INVESTMENTS — 101.7%          
(Cost $4,086,649)       $4,550,064 
           
WRITTEN OPTION— (1.8)%(1)          
UNITED STATES— (1.8)%          
(Premiums Received $75,908)   (9)  $(81,900)

 

Percentages are based on Net Assets of $4,475,932.

 

A list of the exchange traded option contracts held by the Fund at January 31, 2021, is as follows:

 

Description  Number of
Contracts		   Cost+  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (1.8)%                       
Call Options                       
NQX*   (9)  $(75,908)  $2,565.00   02/20/21  $(81,900)

 

* Non-income producing security.
‡ Real Estate Investment Trust
+ Notional amount for all options totals $(2,326,568).
(A)

All or a portion of these securities has been segregated as collateral for written options contracts. The aggregate market value of collateral at January 31, 2021 was $4,550,064.

 

ADR — American Depositary Receipt

Cl — Class 

NQX — NQX Index 

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $4,550,064   $—   $—   $4,550,064 
Total Investments in Securities  $4,550,064   $—   $—   $4,550,064 

 

Liabilities  Level 1   Level 2   Level 3   Total 
Written Option  $(81,900)  $—   $—   $(81,900)
Total Liabilities  $(81,900)  $—   $—   $(81,900)

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Nasdaq 100 Covered Call & Growth ETF

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — 100.7% (A)
UNITED KINGDOM— 0.4%        
Energy — 0.0%
TechnipFMC   58   $620 
Materials — 0.4%
Linde   69    16,932 
TOTAL UNITED KINGDOM        17,552 
UNITED STATES— 100.3%          
Communication Services — 10.8%
Activision Blizzard   101    9,191 
Alphabet, Cl A *    39    71,267 
Alphabet, Cl C *    38    69,758 
AT&T   938    26,855 
Charter Communications, Cl A *    19    11,544 
Comcast, Cl A   602    29,840 
Discovery, Cl A *    21    870 
Discovery, Cl C *    41    1,436 
DISH Network, Cl A *    33    958 
Electronic Arts   39    5,585 
Facebook, Cl A *    317    81,890 
Fox, Cl A   47    1,465 
Fox, Cl B   21    628 
Interpublic Group   53    1,276 
Live Nation Entertainment *    17    1,130 
Lumen Technologies   134    1,659 
Netflix *    58    30,879 
News, Cl A   53    1,028 
News, Cl B   17    321 
Omnicom Group   29    1,809 
Take-Two Interactive Software *    15    3,007 
T-Mobile US *    77    9,708 
Twitter *    108    5,457 
Verizon Communications   545    29,839 
ViacomCBS, Cl B   77    3,735 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Walt Disney *    238   $40,024 
         441,159 
Consumer Discretionary — 12.9%
Advance Auto Parts   9    1,342 
Amazon.com *    56    179,546 
Aptiv *    37    4,943 
AutoZone *    3    3,355 
Best Buy   29    3,156 
Booking Holdings *    5    9,722 
BorgWarner   30    1,260 
CarMax *    22    2,591 
Carnival *    81    1,512 
Chipotle Mexican Grill, Cl A *    3    4,440 
Darden Restaurants   18    2,104 
Dollar General   32    6,228 
Dollar Tree *    30    3,050 
Domino’s Pizza   5    1,854 
DR Horton   45    3,456 
eBay   85    4,803 
Etsy *    17    3,385 
Expedia Group *    18    2,234 
Ford Motor *    503    5,297 
Gap   28    567 
Garmin   21    2,412 
General Motors *    163    8,261 
Genuine Parts   20    1,878 
Hanesbrands   47    719 
Hasbro   18    1,689 
Hilton Worldwide Holdings *    35    3,549 
Home Depot   142    38,457 
L Brands *    32    1,304 
Las Vegas Sands *    44    2,116 
Leggett & Platt   18    738 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Lennar, Cl A   38   $3,160 
LKQ *    38    1,333 
Lowe’s   96    16,018 
Marriott International, Cl A *    36    4,187 
McDonald’s   98    20,369 
MGM Resorts International   56    1,599 
Mohawk Industries *    9    1,292 
Newell Brands   51    1,225 
NIKE, Cl B   165    22,043 
Norwegian Cruise Line Holdings *    40    906 
O’Reilly Automotive *    9    3,829 
Pool   6    2,125 
PulteGroup   36    1,566 
PVH *    9    767 
Ralph Lauren, Cl A *    6    606 
Ross Stores *    48    5,342 
Royal Caribbean Cruises *    24    1,560 
Starbucks   154    14,909 
Tapestry *    38    1,202 
Target   66    11,957 
Tesla *    99    78,558 
TJX   157    10,054 
Tractor Supply   15    2,126 
Ulta Beauty *    6    1,679 
Under Armour, Cl A *    26    455 
Under Armour, Cl C *    27    404 
VF   44    3,382 
Whirlpool   9    1,666 
Wynn Resorts *    12    1,194 
Yum! Brands   41    4,161 
         525,642 
Consumer Staples — 6.3%
Altria Group   243    9,982 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Archer-Daniels-Midland   75   $3,751 
Brown-Forman, Cl B   24    1,720 
Campbell Soup   27    1,299 
Church & Dwight   33    2,786 
Clorox   17    3,561 
Coca-Cola   510    24,557 
Colgate-Palmolive   112    8,736 
Conagra Brands   66    2,284 
Constellation Brands, Cl A   21    4,430 
Costco Wholesale   58    20,441 
Estee Lauder, Cl A   30    7,100 
General Mills   83    4,822 
Hershey   18    2,618 
Hormel Foods   38    1,781 
J M Smucker   15    1,746 
Kellogg   35    2,063 
Kimberly-Clark   44    5,812 
Kraft Heinz   88    2,949 
Kroger   99    3,416 
Lamb Weston Holdings   20    1,494 
McCormick   32    2,865 
Molson Coors Beverage, Cl B *    26    1,304 
Mondelez International, Cl A   187    10,367 
Monster Beverage *    50    4,342 
PepsiCo   182    24,855 
Philip Morris International   204    16,249 
Procter & Gamble   327    41,924 
Sysco   69    4,934 
Tyson Foods, Cl A   40    2,572 
Walgreens Boots Alliance   98    4,925 
Walmart   183    25,709 
         257,394 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 2.4%
Apache   51   $728 
Baker Hughes, Cl A   90    1,808 
Cabot Oil & Gas   53    971 
Chevron   253    21,556 
ConocoPhillips   176    7,056 
Devon Energy   63    1,037 
Diamondback Energy   21    1,190 
EOG Resources   80    4,077 
Exxon Mobil   559    25,067 
Halliburton   120    2,116 
Hess   34    1,835 
HollyFrontier   21    598 
Kinder Morgan   264    3,717 
Marathon Oil   108    782 
Marathon Petroleum   89    3,841 
NOV *    53    656 
Occidental Petroleum   114    2,287 
ONEOK   60    2,390 
Phillips 66   59    4,000 
Pioneer Natural Resources   22    2,660 
Schlumberger   190    4,220 
Valero Energy   56    3,160 
Williams   166    3,524 
         99,276 
Financials — 10.4%
Aflac   84    3,795 
Allstate   41    4,394 
American Express   86    9,999 
American International Group   111    4,156 
Ameriprise Financial   14    2,770 
Aon, Cl A   30    6,093 
Arthur J Gallagher   26    3,001 
Assurant   9    1,219 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Bank of America   1,003   $29,740 
Bank of New York Mellon   111    4,421 
Berkshire Hathaway, Cl B *    256    58,334 
BlackRock, Cl A   18    12,623 
Capital One Financial   59    6,151 
Cboe Global Markets   15    1,376 
Charles Schwab   195    10,050 
Chubb   59    8,595 
Cincinnati Financial   21    1,766 
Citigroup   273    15,831 
Citizens Financial Group   60    2,186 
CME Group, Cl A   47    8,542 
Comerica   18    1,030 
Discover Financial Services   41    3,425 
Everest Re Group   6    1,266 
Fifth Third Bancorp   98    2,835 
First Republic Bank   24    3,480 
Franklin Resources   36    946 
Globe Life   13    1,175 
Goldman Sachs Group   45    12,203 
Hartford Financial Services Group   49    2,353 
Huntington Bancshares   140    1,852 
Intercontinental Exchange   74    8,166 
Invesco   51    1,050 
JPMorgan Chase   403    51,855 
KeyCorp   133    2,242 
Lincoln National   24    1,092 
Loews   32    1,449 
M&T Bank   18    2,384 
MarketAxess Holdings   5    2,704 
Marsh & McLennan   66    7,254 
MetLife   99    4,767 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Moody’s   20   $5,325 
Morgan Stanley   188    12,605 
MSCI, Cl A   11    4,348 
Nasdaq   15    2,029 
Northern Trust   26    2,319 
People’s United Financial   58    792 
PNC Financial Services Group   56    8,037 
Principal Financial Group   35    1,724 
Progressive   77    6,714 
Prudential Financial   53    4,149 
Raymond James Financial   17    1,699 
Regions Financial   130    2,211 
S&P Global   32    10,144 
State Street   47    3,290 
SVB Financial Group *    6    2,627 
Synchrony Financial   74    2,490 
T Rowe Price Group   31    4,851 
Travelers   33    4,498 
Truist Financial   176    8,444 
Unum Group   27    627 
US Bancorp   179    7,670 
W R Berkley   19    1,181 
Wells Fargo   543    16,226 
Willis Towers Watson   18    3,653 
Zions Bancorp   24    1,059 
         427,282 
Health Care — 13.9%
Abbott Laboratories   234    28,920 
AbbVie   232    23,775 
ABIOMED *    6    2,090 
Agilent Technologies   41    4,927 
Alexion Pharmaceuticals *    30    4,600 
Align Technology *    9    4,728 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
AmerisourceBergen, Cl A   20   $2,084 
Amgen   77    18,590 
Anthem   33    9,800 
Baxter International   68    5,224 
Becton Dickinson   39    10,210 
Biogen Idec *    21    5,935 
Bio-Rad Laboratories, Cl A *    3    1,721 
Boston Scientific *    186    6,592 
Bristol-Myers Squibb   297    18,245 
Cardinal Health   40    2,149 
Catalent *    20    2,301 
Centene *    74    4,462 
Cerner   41    3,285 
Cigna   47    10,201 
Cooper   6    2,184 
CVS Health   171    12,252 
Danaher   83    19,741 
DaVita *    8    939 
DENTSPLY SIRONA   30    1,605 
DexCom *    12    4,498 
Edwards Lifesciences *    81    6,689 
Eli Lilly   104    21,629 
Gilead Sciences   164    10,758 
HCA Healthcare   36    5,849 
Henry Schein *    20    1,317 
Hologic *    35    2,791 
Humana   17    6,513 
IDEXX Laboratories *    11    5,265 
Illumina *    19    8,103 
Incyte *    23    2,064 
Intuitive Surgical *    15    11,215 
IQVIA Holdings *    24    4,267 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Johnson & Johnson   347   $56,605 
Laboratory Corp of America Holdings *    13    2,976 
McKesson   21    3,664 
Medtronic   178    19,817 
Merck   333    25,664 
Mettler-Toledo International *    3    3,504 
PerkinElmer   15    2,206 
Perrigo   18    769 
Pfizer   732    26,279 
Quest Diagnostics   18    2,325 
Regeneron Pharmaceuticals *    14    7,054 
ResMed   18    3,628 
STERIS   12    2,245 
Stryker   42    9,282 
Teleflex   6    2,266 
Thermo Fisher Scientific   52    26,505 
UnitedHealth Group   126    42,032 
Universal Health Services, Cl B *    11    1,371 
Varian Medical Systems *    12    2,107 
Vertex Pharmaceuticals *    33    7,560 
Viatris, Cl W *    142    2,415 
Waters *    9    2,382 
West Pharmaceutical Services   8    2,396 
Zimmer Biomet Holdings   28    4,303 
Zoetis, Cl A   62    9,564 
         566,437 
Industrials — 8.2%
3M   75    13,175 
Alaska Air Group *    17    830 
Allegion   12    1,284 
American Airlines Group *    74    1,271 
AMETEK   29    3,285 
AO Smith   18    977 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Boeing *    69   $13,399 
Carrier Global   111    4,274 
Caterpillar   71    12,982 
CH Robinson Worldwide   18    1,540 
Cintas   12    3,817 
Copart *    28    3,073 
CSX   100    8,576 
Cummins   19    4,454 
Deere   41    11,841 
Delta Air Lines *    87    3,303 
Dover   18    2,097 
Eaton   51    6,003 
Emerson Electric   77    6,109 
Equifax   15    2,657 
Expeditors International of Washington   23    2,059 
Fastenal   78    3,556 
FedEx   32    7,531 
Flowserve   18    640 
Fortive   46    3,040 
Fortune Brands Home & Security   18    1,553 
General Dynamics   30    4,400 
General Electric   1,148    12,261 
Honeywell International   92    17,973 
Howmet Aerospace *    53    1,303 
Huntington Ingalls Industries   6    944 
IDEX   9    1,676 
IHS Markit   50    4,353 
Illinois Tool Works   39    7,574 
Ingersoll Rand *    50    2,092 
Jacobs Engineering Group   18    1,818 
JB Hunt Transport Services   12    1,616 
Johnson Controls International   100    4,981 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Kansas City Southern   12   $2,432 
L3Harris Technologies   27    4,631 
Lockheed Martin   32    10,298 
Masco   35    1,901 
Nielsen Holdings   49    1,094 
Norfolk Southern   33    7,808 
Northrop Grumman   21    6,019 
Old Dominion Freight Line   12    2,328 
Otis Worldwide   56    3,620 
PACCAR   47    4,287 
Parker-Hannifin   18    4,763 
Pentair   23    1,253 
Quanta Services   18    1,268 
Raytheon Technologies   200    13,346 
Republic Services, Cl A   29    2,625 
Robert Half International   15    1,013 
Rockwell Automation   15    3,728 
Rollins   31    1,117 
Roper Technologies   14    5,501 
Snap-On   7    1,260 
Southwest Airlines *    80    3,514 
Stanley Black & Decker   21    3,643 
Teledyne Technologies *    5    1,785 
Textron   31    1,403 
Trane Technologies   33    4,731 
TransDigm Group *    7    3,873 
Union Pacific   89    17,575 
United Airlines Holdings *    39    1,560 
United Parcel Service, Cl B   93    14,415 
United Rentals *    9    2,187 
Verisk Analytics, Cl A   22    4,037 
Waste Management   53    5,900 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Westinghouse Air Brake Technologies   24   $1,781 
WW Grainger   6    2,186 
Xylem   24    2,318 
         335,517 
Information Technology — 27.9%
Accenture, Cl A   84    20,321 
Adobe *    63    28,903 
Advanced Micro Devices *    158    13,531 
Akamai Technologies *    22    2,443 
Amphenol, Cl A   39    4,870 
Analog Devices   48    7,072 
ANSYS *    11    3,898 
Apple   2,101    277,247 
Applied Materials   119    11,505 
Arista Networks *    6    1,845 
Autodesk *    29    8,045 
Automatic Data Processing   56    9,247 
Broadcom   53    23,877 
Broadridge Financial Solutions   15    2,120 
Cadence Design Systems *    36    4,694 
CDW   18    2,370 
Cisco Systems   556    24,787 
Citrix Systems   15    2,000 
Cognizant Technology Solutions, Cl A   69    5,379 
Corning   103    3,695 
DXC Technology *    35    987 
Enphase Energy *    17    3,100 
F5 Networks *    9    1,764 
Fidelity National Information Services   81    10,000 
Fiserv *    73    7,496 
FleetCor Technologies *    11    2,670 
FLIR Systems   18    937 
Fortinet *    18    2,606 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Gartner *    12   $1,823 
Global Payments   39    6,884 
Hewlett Packard Enterprise   175    2,160 
HP   176    4,283 
Intel   540    29,975 
International Business Machines   117    13,936 
Intuit   35    12,643 
IPG Photonics *    5    1,117 
Jack Henry & Associates   8    1,158 
Juniper Networks   44    1,074 
Keysight Technologies *    23    3,257 
KLA   21    5,881 
Lam Research   18    8,711 
Leidos Holdings   18    1,909 
Mastercard, Cl A   116    36,690 
Maxim Integrated Products *    36    3,158 
Microchip Technology   33    4,492 
Micron Technology *    146    11,427 
Microsoft   993    230,336 
Motorola Solutions   23    3,854 
NetApp   30    1,993 
NortonLifeLock   80    1,686 
NVIDIA   81    42,086 
Oracle   249    15,047 
Paychex   44    3,842 
Paycom Software *    6    2,278 
PayPal Holdings *    154    36,084 
Qorvo *    15    2,563 
QUALCOMM   150    23,442 
salesforce.com *    120    27,067 
Seagate Technology   30    1,984 
ServiceNow *    26    14,122 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Skyworks Solutions   23   $3,893 
Synopsys *    21    5,364 
TE Connectivity   45    5,418 
Teradyne   23    2,610 
Texas Instruments   120    19,883 
Trimble *    33    2,175 
Tyler Technologies *    6    2,537 
VeriSign *    12    2,329 
Visa, Cl A   223    43,094 
Vontier *    19    616 
Western Digital *    41    2,314 
Western Union   56    1,247 
Xerox Holdings   23    484 
Xilinx *    33    4,309 

 Zebra Technologies, Cl A *

   6    2,327 
         1,142,971 
Materials — 2.2%
Air Products and Chemicals   29    7,736 
Albemarle   15    2,440 
Amcor   214    2,341 
Avery Dennison   12    1,810 
Ball   44    3,874 
Celanese, Cl A   15    1,832 
CF Industries Holdings   29    1,200 
Corteva   102    4,066 
Dow   96    4,982 
DuPont de Nemours   95    7,548 
Eastman Chemical   18    1,770 
Ecolab   33    6,749 
FMC   18    1,949 
Freeport-McMoRan Copper & Gold *    188    5,059 
International Flavors & Fragrances   15    1,686 
International Paper   53    2,666 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — continued
LyondellBasell Industries, Cl A   35   $3,002 
Martin Marietta Materials   8    2,299 
Mosaic   47    1,220 
Newmont   104    6,198 
Nucor   41    1,998 
Packaging Corp of America   12    1,614 
PPG Industries   32    4,311 
Sealed Air   21    888 
Sherwin-Williams   11    7,610 
Vulcan Materials   18    2,685 
Westrock   36    1,491 
         91,024 
Real Estate — 2.5%
Alexandria Real Estate Equities ‡    15    2,507 
American Tower, Cl A ‡    57    12,960 
AvalonBay Communities ‡    19    3,110 
Boston Properties ‡    19    1,734 
CBRE Group, Cl A *    46    2,805 
Crown Castle International ‡    57    9,078 
Digital Realty Trust ‡    36    5,182 
Duke Realty ‡    50    1,978 
Equinix ‡    12    8,880 
Equity Residential ‡    47    2,897 
Essex Property Trust ‡    9    2,156 
Extra Space Storage ‡    18    2,048 
Federal Realty Investment Trust ‡    9    788 
Healthpeak Properties ‡    74    2,194 
Host Hotels & Resorts ‡ *    96    1,301 
Iron Mountain ‡    39    1,313 
Kimco Realty ‡    59    974 
Mid-America Apartment Communities ‡    15    1,991 
ProLogis ‡    96    9,906 
Public Storage ‡    21    4,780 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Realty Income ‡    47   $2,776 
Regency Centers ‡    21    991 
SBA Communications, Cl A ‡    15    4,030 
Simon Property Group ‡    42    3,903 
SL Green Realty ‡    8    528 
UDR ‡    42    1,615 
Ventas ‡    50    2,304 
Vornado Realty Trust ‡    21    835 
Welltower ‡    56    3,394 
Weyerhaeuser ‡    102    3,181 
         102,139 
Utilities — 2.8%
AES   92    2,244 
Alliant Energy   34    1,654 
Ameren   33    2,400 
American Electric Power   64    5,178 
American Water Works   24    3,816 
Atmos Energy   18    1,602 
CenterPoint Energy   74    1,561 
CMS Energy   39    2,218 
Consolidated Edison   45    3,185 
Dominion Energy   107    7,798 
DTE Energy   26    3,087 
Duke Energy   96    9,024 
Edison International   52    3,024 
Entergy   27    2,574 
Evergy   31    1,666 
Eversource Energy   44    3,850 
Exelon   126    5,237 
FirstEnergy   74    2,276 
NextEra Energy   258    20,865 
NiSource   54    1,196 
NRG Energy   33    1,367 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

   Shares/Number
of Contracts		   Value 
COMMON STOCK — continued
Utilities — continued
Pinnacle West Capital   15   $1,129 
PPL   105    2,905 
Public Service Enterprise Group   68    3,837 
Sempra Energy   39    4,827 
Southern   137    8,072 
WEC Energy Group   43    3,823 
Xcel Energy   71    4,543 
         114,958 
TOTAL UNITED STATES        4,103,799 
TOTAL INVESTMENTS — 100.7%          
(Cost $3,996,547)       $4,121,351 
           
WRITTEN OPTION— (0.8)%(1)          
UNITED STATES— (0.8)%          
(Premiums Received $56,758)   (55)  $(31,185)

 

Percentages are based on Net Assets of $4,091,254.

 

A list of the exchange traded option contracts held by the Fund at January 31, 2021, is as follows:

 

Description  Number of
Contracts		   Cost+  

Exercise

Price

   Expiration
Date		  Value 
WRITTEN OPTION — (0.8)%                       
Call Options                       
S&P 500 Index*   (55)  $(56,758)  $377.00   02/20/21  $(31,185)

 

* Non-income producing security.
‡ Real Estate Investment Trust
+ Notional amount for all options totals $(2,042,810).
(A)

All or a portion of these securities has been segregated as collateral for written options contracts. The aggregate market value of collateral at January 31, 2021 was $4,113,615.

   
Cl — Class

S&P — Standard & Poor’s

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500 Covered Call & Growth ETF

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $4,121,351   $—   $—   $4,121,351 
Total Investments in Securities  $4,121,351   $—   $—   $4,121,351 

 

Liabilities  Level 1   Level 2   Level 3   Total 
Written Option  $(31,185)  $—   $—   $(31,185)
Total Liabilities  $(31,185)  $—   $—   $(31,185)

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X SuperIncome™ Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — 95.5%
BERMUDA— 1.0%        
Financials — 1.0%    
PartnerRe, 7.250%   74,933   $1,929,525 
TOTAL BERMUDA        1,929,525 
UNITED STATES— 94.5%          
Consumer Staples — 1.9%          
CHS, Ser 4, 7.500%   128,996    3,752,494 
Energy — 7.6%          
Crestwood Equity Partners, 9.250%   456,082    3,648,656 
Energy Transfer Operating, 7.625%, VAR ICE LIBOR USD 3 Month+4.738%   113,074    2,432,222 
Energy Transfer Operating, 7.600%, VAR ICE LIBOR USD 3 Month+5.161%   197,246    4,343,357 
Energy Transfer Operating, 7.375%, VAR ICE LIBOR USD 3 Month+4.530%   113,392    2,369,893 
NuStar Logistics, 6.975%, VAR ICE LIBOR USD 3 Month+6.734%   104,302    2,312,375 
         15,106,503 
Financials — 63.8%          
AGNC Investment, 7.000%, VAR ICE LIBOR USD 3 Month+5.111% ‡    86,365    2,166,898 
AGNC Investment, 6.500%, VAR ICE LIBOR USD 3 Month+4.993% ‡    105,135    2,568,448 
AGNC Investment, 6.125%, VAR ICE LIBOR USD 3 Month+4.697% ‡    151,974    3,647,376 
American Equity Investment Life Holding, 6.625%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+6.297%   71,559    1,914,203 
Annaly Capital Management, 6.950%, VAR ICE LIBOR USD 3 Month+4.993% ‡    184,512    4,601,729 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperIncome™ Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — continued
Financials — continued          
Annaly Capital Management, 6.500%, VAR ICE LIBOR USD 3 Month+4.172% ‡    126,355   $3,105,806 
Athene Holding, 6.350%, VAR ICE LIBOR USD 3 Month+4.253%   214,107    6,127,743 
Athene Holding, 5.625%   86,557    2,292,895 
Charles Schwab, 5.950%   190,507    4,922,701 
Citigroup, Ser J, 7.125%, VAR ICE LIBOR USD 3 Month+4.040%   143,891    4,027,509 
Citigroup, 6.875%, VAR ICE LIBOR USD 3 Month+4.130%   226,188    6,414,692 
Fifth Third Bancorp, 6.625%, VAR ICE LIBOR USD 3 Month+3.710%   114,383    3,190,142 
GMAC Capital Trust I, Ser 2, 6.007%, VAR ICE LIBOR USD 3 Month+5.785%   413,387    10,963,023 
Goldman Sachs Group, 6.375%, VAR ICE LIBOR USD 3 Month+3.550% (A)    176,850    5,049,067 
Goldman Sachs Group, 6.300%   171,534    4,355,248 
Hartford Financial Services Group, 7.875%, VAR ICE LIBOR USD 3 Month+5.596%   155,551    4,269,875 
Huntington Bancshares, 6.250%   154,742    3,928,899 
JPMorgan Chase, 6.150%   293,900    7,465,060 
Morgan Stanley, Ser E, 7.125%, VAR ICE LIBOR USD 3 Month+4.320%   188,497    5,434,369 
Morgan Stanley, Ser F, 6.875%, VAR ICE LIBOR USD 3 Month+3.940%   184,173    5,210,254 
New Residential Investment, 6.375%, VAR ICE LIBOR USD 3 Month+4.969% ‡    103,257    2,182,853 
New York Community Bancorp, 6.375%, VAR ICE LIBOR USD 3 Month+3.821%   130,178    3,734,807 
Regions Financial, Ser B, 6.375%, VAR ICE LIBOR USD 3 Month+3.536%   123,655    3,466,050 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperIncome™ Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — continued
Financials — continued          
Reinsurance Group of America, 6.200%, VAR ICE LIBOR USD 3 Month+4.370%   102,469   $2,762,564 
Synchrony Financial, 5.625%   188,477    5,007,834 
Synovus Financial, 5.875%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.127%   86,473    2,317,476 
US Bancorp, 6.500%, VAR ICE LIBOR USD 3 Month+4.468%   282,093    7,385,195 
Wells Fargo, 6.625%, VAR ICE LIBOR USD 3 Month+3.690%   211,745    6,085,551 
Wintrust Financial, 6.875%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+6.507%   73,924    2,088,353 
         126,686,620 
Industrials — 2.1%          
WESCO International, 10.625%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+10.325%   137,900    4,285,932 
Information Technology — 10.1%          
Broadcom, 8.000% *    8,414    12,358,063 
II-VI, 6.000%   14,034    4,896,743 
Sabre, 6.500%   19,191    2,759,474 
         20,014,280 
Real Estate — 2.9%          
Monmouth Real Estate Investment, 6.125% ‡    109,487    2,767,831 
VEREIT, Ser F, 6.700% ‡    120,914    3,084,516 
         5,852,347 
Utilities — 6.1%          
CenterPoint Energy, 7.000% *    119,422    4,743,442 
NiSource, 6.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.632%   127,338    3,597,298 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperIncome™ Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — continued
Utilities — continued          
Sempra Energy, 6.750% *    36,675   $3,754,053 
         12,094,793 
TOTAL UNITED STATES        187,792,969 
TOTAL PREFERRED STOCK          
(Cost $179,157,980)        189,722,494 
           
COMMON STOCK — 3.8%‡
UNITED STATES— 3.8%          
Consumer Discretionary — 3.8%          
Qurate Retail   75,995    7,604,060 
TOTAL COMMON STOCK          
(Cost $7,542,749)        7,604,060 
           
SHORT-TERM INVESTMENT(B)(C) — 0.2%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.01%          
(Cost $292,500)   292,500    292,500 
TOTAL SHORT-TERM INVESTMENT          
(Cost $292,500)        292,500 
           
TOTAL INVESTMENTS — 99.5%          
(Cost $186,993,229)       $197,619,054 

 

Percentages are based on Net Assets of $198,614,625.

 

* Non-income producing security.
‡ Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $285,500.
(B) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $292,500.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.
   
Cl — Class
ICE — Intercontinental Exchange
LIBOR — London Interbank Offered Rate

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X SuperIncome™ Preferred ETF

 

Ser — Series
USD — U.S. Dollar
VAR – Variable Rate

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities 

Level 1

  

Level 2

  

Level 3

  

Total

 
Preferred Stock  $189,722,494   $—   $—   $189,722,494 
Common Stock   7,604,060    —    —    7,604,060 
Short-Term Investment   292,500    —    —    292,500 
Total Investments in Securities  $197,619,054   $—   $—   $197,619,054 

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X YieldCo & Renewable Energy Income ETF‡

 

   Shares   Value 
COMMON STOCK — 94.2%
AUSTRIA— 6.1%        
Real Estate — 6.1%
Verbund   74,341   $6,719,601 
BRAZIL— 7.0%          
Utilities — 7.0%
Centrais Eletricas Brasileiras   677,700    3,561,191 
Engie Brasil Energia   428,977    3,375,402 
Omega Geracao *    102,500    756,019 
TOTAL BRAZIL        7,692,612 
CANADA— 9.5%          
Utilities — 9.5%
Boralex, Cl A   53,753    2,111,071 
Innergex Renewable Energy   91,701    2,104,719 
Northland Power   105,923    3,884,686 
TransAlta Renewables (A)    139,951    2,355,432 
TOTAL CANADA        10,455,908 
CHINA— 4.4%          
Utilities — 4.4%
China Longyuan Power Group, Cl H   1,755,800    2,572,385 
Xinyi Energy Holdings   3,734,700    2,311,956 
TOTAL CHINA        4,884,341 
DENMARK— 6.1%          
Utilities — 6.1%
Orsted   35,176    6,705,389 
FRANCE— 3.6%          
Utilities — 3.6%
Albioma   16,561    844,035 
Neoen *    44,945    3,177,946 
TOTAL FRANCE        4,021,981 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X YieldCo & Renewable Energy Income ETF‡

 

   Shares   Value 
COMMON STOCK — continued
GERMANY— 1.8%        
Utilities — 1.8%
Encavis (A)    72,502   $1,977,463 
GREECE— 0.9%          
Utilities — 0.9%
Terna Energy   60,696    1,036,782 
ITALY— 3.3%          
Utilities — 3.3%
ERG   78,987    2,416,315 
Falck Renewables   152,778    1,181,412 
TOTAL ITALY        3,597,727 
JAPAN— 2.0%          
Utilities — 2.0%
RENOVA *    40,700    1,442,256 
West Holdings   18,500    776,613 
TOTAL JAPAN        2,218,869 
NEW ZEALAND— 12.9%          
Utilities — 12.9%
Contact Energy   376,589    2,217,401 
Mercury NZ   1,056,630    5,425,781 
Meridian Energy   1,289,500    6,644,800 
TOTAL NEW ZEALAND        14,287,982 
NORWAY— 2.9%          
Utilities — 2.9%
Scatec   83,240    3,172,735 
RUSSIA— 2.2%          
Utilities — 2.2%
RusHydro PJSC   230,810,219    2,386,089 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X YieldCo & Renewable Energy Income ETF‡

 

   Shares   Value 
COMMON STOCK — continued
SPAIN— 9.6%        
Utilities — 9.6%
Atlantica Sustainable Infrastructure   56,045   $2,317,461 
EDP Renovaveis   239,218    6,553,640 

 Solaria Energia y Medio Ambiente *

   65,597    1,692,702 
TOTAL SPAIN        10,563,803 
THAILAND— 5.9%          
Energy — 0.6%
Absolute Clean Energy NVDR   5,315,884    653,607 
Utilities — 5.3%
BCPG NVDR   1,380,137    696,294 
Energy Absolute NVDR   1,961,700    4,260,291 
Gunkul Engineering NVDR   4,614,500    397,775 
Super Energy NVDR *    14,244,200    466,399 
         5,820,759 
TOTAL THAILAND        6,474,366 
UNITED KINGDOM— 1.0%          
Utilities — 1.0%
Drax Group   208,035    1,067,271 
UNITED STATES— 15.0%          
Energy — 3.2%
Enviva Partners   20,835    1,038,000 
Gevo *    64,282    653,105 
Renewable Energy Group *    20,656    1,850,777 
         3,541,882 
Industrials — 5.1%
Sunrun *    81,627    5,654,302 
Utilities — 6.7%
Azure Power Global *    25,062    950,100 
NextEra Energy Partners   38,376    3,127,644 
Ormat Technologies   29,359    3,351,623 
         7,429,367 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X YieldCo & Renewable Energy Income ETF‡

 

   Shares   Value 
COMMON STOCK — continued
TOTAL UNITED STATES       $16,625,551 
TOTAL COMMON STOCK          
(Cost $96,493,694)        103,888,470 
MASTER LIMITED PARTNERSHIP — 6.0%
Utilities — 6.0%          
Brookfield Renewable Partners, Cl A (B)          
(Cost $3,941,245)   144,592    6,570,563 
SHORT-TERM INVESTMENT(C)(D) — 3.1%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%          
(Cost $3,467,080)   3,467,080    3,467,080 
TOTAL INVESTMENTS — 103.3%          
(Cost $103,902,019)       $113,926,113 

 

Percentages are based on Net Assets of $110,313,007.

 

* Non-income producing security.
‡ Effective February 1, 2021, the name of the Fund changed from Global X YieldCo & Renewable Energy Income ETF to Global X Renewable Energy Producers ETF.
(A) This security or a partial position of this security is on loan at January 31, 2021. The total value of securities on loan at January 31, 2021 was $3,268,367.
(B) Security considered Master Limited Partnership. At January 31, 2021, these securities amounted to $6,570,563 or 6.0% of Net Assets of the Fund.
(C) Security was purchased with cash collateral held from securities on loan. The total value of such securities as of January 31, 2021, was $3,467,080.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of January 31, 2021.

 

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

As of January 31, 2021, 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 January 31, 2021, there have been no transfers in or out of Level 3.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X YieldCo & Renewable Energy Income 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) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — 99.9%
UNITED KINGDOM— 0.4%        
Energy — 0.0%
TechnipFMC   6,661   $71,206 
Materials — 0.4%
Linde   7,751    1,902,095 
TOTAL UNITED KINGDOM        1,973,301 
UNITED STATES— 99.5%          
Communication Services — 10.9%
Activision Blizzard   11,557    1,051,687 
Alphabet, Cl A *    4,417    8,071,449 
Alphabet, Cl C *    4,283    7,862,474 
AT&T   104,907    3,003,487 
Charter Communications, Cl A *    2,202    1,337,847 
Comcast, Cl A   67,240    3,333,087 
Discovery, Cl A *    2,363    97,875 
Discovery, Cl C *    5,103    178,758 
DISH Network, Cl A *    3,735    108,390 
Electronic Arts   4,412    631,798 
Facebook, Cl A *    35,439    9,154,957 
Fox, Cl A   5,226    162,947 
Fox, Cl B   2,396    71,616 
Interpublic Group   5,930    142,735 
Live Nation Entertainment *    1,772    117,749 
Lumen Technologies   14,716    182,184 
Netflix *    6,437    3,426,994 
News, Cl A   5,827    113,044 
News, Cl B   1,799    33,965 
Omnicom Group   3,425    213,652 
Take-Two Interactive Software *    1,694    339,562 
T-Mobile US *    8,560    1,079,245 
Twitter *    11,286    570,282 
Verizon Communications   60,579    3,316,701 
ViacomCBS, Cl B   8,374    406,139 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Walt Disney *    26,441   $4,446,584 
         49,455,208 
Consumer Discretionary — 11.2%
Advance Auto Parts   1,047    156,150 
Amazon.com *    6,359    20,388,227 
Aptiv *    4,022    537,339 
AutoZone *    332    371,299 
Best Buy   3,453    375,755 
Booking Holdings *    628    1,221,039 
BorgWarner   3,127    131,303 
CarMax *    2,661    313,413 
Carnival *    10,616    198,201 
Chipotle Mexican Grill, Cl A *    374    553,520 
Darden Restaurants   1,889    220,805 
Dollar General   3,606    701,764 
Dollar Tree *    3,639    369,941 
Domino’s Pizza   548    203,176 
DR Horton   5,143    394,982 
eBay   9,687    547,412 
Etsy *    1,825    363,339 
Expedia Group *    1,974    244,973 
Ford Motor *    59,609    627,683 
Gap   3,293    66,683 
Garmin   1,896    217,775 
General Motors *    19,395    982,938 
Genuine Parts   2,245    210,761 
Hanesbrands   5,583    85,364 
Hasbro   1,830    171,691 
Hilton Worldwide Holdings *    4,373    443,378 
Home Depot   16,171    4,379,429 
L Brands *    3,592    146,410 
Las Vegas Sands *    5,081    244,345 
Leggett & Platt   2,026    83,066 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Lennar, Cl A   4,275   $355,466 
LKQ *    4,693    164,677 
Lowe’s   10,662    1,778,955 
Marriott International, Cl A *    4,153    483,035 
McDonald’s   10,909    2,267,328 
Mohawk Industries *    965    138,574 
NIKE, Cl B   18,812    2,513,095 
Norwegian Cruise Line Holdings *    3,352    75,923 
NVR *    46    204,538 
O’Reilly Automotive *    1,177    500,778 
Pool   570    201,883 
PulteGroup   4,186    182,091 
PVH *    1,230    104,870 
Ralph Lauren, Cl A *    836    84,478 
Ross Stores *    5,495    611,539 
Starbucks   17,874    1,730,382 
Tapestry *    4,307    136,187 
Target   7,409    1,342,288 
TJX   18,402    1,178,464 
Tractor Supply   1,881    266,613 
Ulta Beauty *    838    234,439 
Under Armour, Cl A *    2,850    49,875 
Under Armour, Cl C *    2,901    43,428 
VF   4,961    381,352 
Whirlpool   952    176,206 
Wynn Resorts *    1,521    151,385 
Yum! Brands   4,712    478,221 
         50,788,231 
Consumer Staples — 6.5%
Altria Group   52,542    2,158,425 
Archer-Daniels-Midland   15,846    792,458 
Brown-Forman, Cl B   5,262    377,128 
Campbell Soup   5,349    257,340 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — continued
Clorox   3,560   $745,678 
Coca-Cola   111,406    5,364,199 
Conagra Brands   15,069    521,387 
Constellation Brands, Cl A   4,794    1,011,198 
Costco Wholesale   12,704    4,477,271 
Estee Lauder, Cl A   6,590    1,559,524 
General Mills   17,283    1,004,143 
Hormel Foods   8,505    398,544 
J M Smucker   3,522    409,996 
Kellogg   7,795    459,437 
Kimberly-Clark   9,860    1,302,506 
Kraft Heinz   18,140    607,871 
Kroger   22,626    780,597 
Lamb Weston Holdings   4,529    338,316 
McCormick   7,450    667,073 
Molson Coors Beverage, Cl B *    5,817    291,781 
Mondelez International, Cl A   41,553    2,303,699 
Monster Beverage *    10,935    949,486 
Sysco   15,004    1,072,936 
Tyson Foods, Cl A   8,393    539,754 
Walgreens Boots Alliance   21,615    1,086,154 
         29,476,901 
Energy — 2.5%
Apache   5,757    82,210 
Baker Hughes, Cl A   10,644    213,838 
Cabot Oil & Gas   6,659    122,059 
Chevron   28,318    2,412,694 
ConocoPhillips   21,038    842,166 
Devon Energy   6,222    102,414 
Diamondback Energy   2,300    130,387 
EOG Resources   8,609    438,715 
Exxon Mobil   63,080    2,828,508 
Halliburton   13,245    233,509 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — continued
Hess   3,944   $212,897 
HollyFrontier   2,416    68,759 
Kinder Morgan   29,192    411,023 
Marathon Oil   12,568    90,992 
Marathon Petroleum   9,884    426,593 
NOV *    5,816    72,002 
Occidental Petroleum   13,315    267,099 
ONEOK   6,157    245,233 
Phillips 66   6,877    466,261 
Pioneer Natural Resources   2,554    308,779 
Schlumberger   20,562    456,683 
Valero Energy   6,148    346,932 
Williams   18,322    388,976 
         11,168,729 
Financials — 10.6%
Aflac   9,417    425,460 
Allstate   4,861    521,002 
American Express   9,546    1,109,818 
American International Group   12,883    482,340 
Ameriprise Financial   1,689    334,202 
Aon, Cl A   3,537    718,365 
Arthur J Gallagher   2,740    316,223 
Assurant   876    118,672 
Bank of America   111,237    3,298,177 
Bank of New York Mellon   12,847    511,696 
Berkshire Hathaway, Cl B *    28,699    6,539,642 
BlackRock, Cl A   2,027    1,421,453 
Capital One Financial   6,995    729,299 
Cboe Global Markets   1,685    154,565 
Charles Schwab   21,903    1,128,881 
Chubb   6,804    991,139 
Cincinnati Financial   2,268    190,716 
Citigroup   30,708    1,780,757 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Citizens Financial Group   6,948   $253,185 
CME Group, Cl A   5,325    967,766 
Comerica   2,268    129,730 
Discover Financial Services   4,782    399,488 
Everest Re Group   616    130,025 
Fifth Third Bancorp   10,358    299,657 
First Republic Bank   2,464    357,255 
Franklin Resources   4,503    118,384 
Globe Life   1,573    142,183 
Goldman Sachs Group   4,830    1,309,751 
Hartford Financial Services Group   5,316    255,274 
Huntington Bancshares   16,099    212,909 
Intercontinental Exchange   8,401    927,050 
Invesco   6,066    124,899 
JPMorgan Chase   44,702    5,751,806 
KeyCorp   15,130    255,092 
Lincoln National   3,107    141,337 
Loews   4,041    183,017 
M&T Bank   2,029    268,782 
MarketAxess Holdings   540    292,010 
Marsh & McLennan   7,514    825,864 
MetLife   11,574    557,288 
Moody’s   2,508    667,780 
Morgan Stanley   21,330    1,430,176 
MSCI, Cl A   1,239    489,777 
Nasdaq   1,743    235,776 
Northern Trust   3,240    288,976 
People’s United Financial   5,630    76,906 
PNC Financial Services Group   6,186    887,815 
Principal Financial Group   3,976    195,898 
Progressive   8,860    772,503 
Prudential Financial   6,020    471,246 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Raymond James Financial   1,885   $188,368 
Regions Financial   14,791    251,595 
S&P Global   3,659    1,159,903 
State Street   5,524    386,680 
SVB Financial Group *    810    354,602 
Synchrony Financial   9,269    311,902 
T Rowe Price Group   3,470    542,986 
Travelers   3,958    539,475 
Truist Financial   20,133    965,981 
Unum Group   3,301    76,682 
US Bancorp   19,786    847,830 
W R Berkley   1,816    112,846 
Wells Fargo   59,326    1,772,661 
Willis Towers Watson   1,978    401,415 
Zions Bancorp   2,856    126,064 
         48,231,002 
Health Care — 13.8%
ABIOMED *    1,521    529,688 
Alexion Pharmaceuticals *    7,802    1,196,281 
Align Technology *    2,540    1,334,465 
AmerisourceBergen, Cl A   5,050    526,210 
Anthem   9,217    2,737,265 
Baxter International   18,369    1,411,290 
Biogen Idec *    5,753    1,625,855 
Boston Scientific *    52,293    1,853,264 
Cardinal Health   10,009    537,784 
Cerner   10,796    864,868 
Cigna   13,445    2,918,237 
CVS Health   48,086    3,445,361 
DaVita *    2,648    310,796 
DENTSPLY SIRONA   7,207    385,502 
DexCom *    3,462    1,297,731 
Edwards Lifesciences *    22,689    1,873,658 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Health Care — continued
Eli Lilly   29,335   $6,100,799 
Gilead Sciences   46,113    3,025,013 
Henry Schein *    4,854    319,636 
Hologic *    8,991    716,852 
Humana   4,830    1,850,421 
IDEXX Laboratories *    3,053    1,461,410 
Incyte *    6,499    583,285 
Intuitive Surgical *    4,304    3,217,843 
IQVIA Holdings *    6,872    1,221,841 
Laboratory Corp of America Holdings *    3,398    777,836 
McKesson   5,765    1,005,820 
Medtronic   49,749    5,538,557 
Mettler-Toledo International *    846    988,213 
Quest Diagnostics   4,630    597,965 
Regeneron Pharmaceuticals *    3,827    1,928,196 
ResMed   5,157    1,039,496 
STERIS   2,925    547,297 
Stryker   11,987    2,649,247 
Teleflex   1,615    609,872 
Varian Medical Systems *    3,153    553,572 
Waters *    2,256    597,096 
West Pharmaceutical Services   2,601    778,973 
Zimmer Biomet Holdings   7,335    1,127,169 
Zoetis, Cl A   17,458    2,692,897 
         62,777,561 
Industrials — 8.3%
3M   11,294    1,983,904 
Alaska Air Group *    2,818    137,603 
Allegion   2,184    233,710 
American Airlines Group *    9,054    155,457 
AMETEK   4,183    473,767 
AO Smith   3,187    173,054 
Carrier Global   16,484    634,634 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Caterpillar   10,578   $1,934,082 
CH Robinson Worldwide   2,954    252,744 
Cintas   1,679    534,123 
Copart *    4,093    449,207 
CSX   15,262    1,308,793 
Cummins   3,044    713,574 
Deere   6,090    1,758,792 
Delta Air Lines *    11,523    437,413 
Dover   3,145    366,361 
Eaton   8,311    978,205 
Emerson Electric   12,434    986,637 
Equifax   2,392    423,647 
Expeditors International of Washington   3,714    332,477 
Fastenal   11,772    536,686 
FedEx   4,983    1,172,699 
Flowserve   2,992    106,396 
Fortive   6,204    409,960 
Fortune Brands Home & Security   2,315    199,669 
Howmet Aerospace *    9,421    231,568 
IDEX   1,699    316,337 
IHS Markit   7,034    612,521 
Illinois Tool Works   5,584    1,084,469 
Ingersoll Rand *    6,759    282,797 
JB Hunt Transport Services   1,981    266,761 
Johnson Controls International   15,319    763,192 
Kansas City Southern   1,663    337,040 
Masco   4,981    270,518 
Nielsen Holdings   7,895    176,295 
Norfolk Southern   5,062    1,197,770 
Old Dominion Freight Line   1,905    369,570 
Otis Worldwide   8,357    540,280 
PACCAR   6,920    631,242 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Parker-Hannifin   2,552   $675,285 
Pentair   3,760    204,770 
Quanta Services   3,389    238,823 
Republic Services, Cl A   4,686    424,177 
Robert Half International   2,854    192,645 
Rockwell Automation   2,135    530,612 
Rollins   4,803    172,986 
Roper Technologies   2,185    858,508 
Snap-On   1,261    226,967 
Southwest Airlines *    11,262    494,852 
Stanley Black & Decker   3,053    529,665 
Teledyne Technologies *    611    218,133 
Trane Technologies   4,727    677,615 
TransDigm Group *    1,028    568,772 
Union Pacific   13,386    2,643,334 
United Airlines Holdings *    5,148    205,869 
United Parcel Service, Cl B   14,320    2,219,601 
United Rentals *    1,324    321,745 
Verisk Analytics, Cl A   3,019    553,987 
Waste Management   8,100    901,692 
Westinghouse Air Brake Technologies   4,055    300,922 
WW Grainger   993    361,839 
Xylem   3,214    310,440 
         37,607,193 
Information Technology — 28.2%
Accenture, Cl A   9,544    2,308,884 
Adobe *    7,037    3,228,364 
Advanced Micro Devices *    18,158    1,555,051 
Akamai Technologies *    2,521    279,907 
Amphenol, Cl A   4,421    552,094 
Analog Devices   5,610    826,521 
ANSYS *    1,253    444,026 
Apple   236,135    31,160,374 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Applied Materials   13,065   $1,263,124 
Arista Networks *    816    250,969 
Autodesk *    3,347    928,558 
Automatic Data Processing   6,494    1,072,289 
Broadcom   5,935    2,673,718 
Broadridge Financial Solutions   1,821    257,326 
Cadence Design Systems *    4,236    552,332 
CDW   2,182    287,282 
Cisco Systems   61,823    2,756,070 
Citrix Systems   1,895    252,622 
Cognizant Technology Solutions, Cl A   8,448    658,522 
DXC Technology *    3,925    110,685 
F5 Networks *    958    187,720 
Fidelity National Information Services   9,426    1,163,734 
Fiserv *    8,358    858,283 
FleetCor Technologies *    1,272    308,778 
FLIR Systems   2,090    108,785 
Fortinet *    2,233    323,227 
Gartner *    1,416    215,105 
Global Payments   4,503    794,870 
Hewlett Packard Enterprise   20,108    248,133 
HP   18,683    454,744 
Intel   60,535    3,360,298 
International Business Machines   13,320    1,586,545 
Intuit   3,890    1,405,185 
IPG Photonics *    597    133,388 
Jack Henry & Associates   1,219    176,499 
Juniper Networks   5,407    132,039 
Keysight Technologies *    2,896    410,045 
KLA   2,429    680,290 
Lam Research   2,114    1,023,070 
Leidos Holdings   1,838    194,938 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Mastercard, Cl A   13,008   $4,114,299 
Maxim Integrated Products *    4,021    352,682 
Microchip Technology   3,634    494,624 
Micron Technology *    16,679    1,305,465 
Microsoft   111,670    25,902,972 
Motorola Solutions   2,539    425,409 
NetApp   3,583    238,055 
NortonLifeLock   9,285    195,635 
NVIDIA   9,079    4,717,358 
Oracle   27,999    1,691,980 
Paychex   4,903    428,130 
Paycom Software *    682    258,983 
PayPal Holdings *    17,164    4,021,697 
Qorvo *    1,879    321,084 
QUALCOMM   16,386    2,560,804 
salesforce.com *    13,612    3,070,323 
Seagate Technology   3,671    242,727 
ServiceNow *    2,843    1,544,204 
Skyworks Solutions   2,697    456,467 
Synopsys *    2,282    582,937 
TE Connectivity   5,025    605,009 
Teradyne   2,374    269,402 
Texas Instruments   13,541    2,243,608 
Tyler Technologies *    470    198,711 
VeriSign *    1,571    304,884 
Visa, Cl A   24,838    4,799,943 
Vontier *    2,479    80,394 
Western Digital *    4,508    254,386 
Western Union   6,910    153,886 
Xerox Holdings   3,099    65,172 
Xilinx *    3,860    504,000 
Zebra Technologies, Cl A *    735    285,055 
         127,874,679 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Materials — 2.3%
Air Products & Chemicals   3,241   $864,569 
Albemarle   1,670    271,642 
Amcor   22,947    251,040 
Avery Dennison   1,257    189,644 
Ball   4,998    439,923 
Celanese, Cl A   1,848    225,733 
CF Industries Holdings   3,444    142,513 
Corteva   11,153    444,559 
Dow   11,124    577,336 
DuPont de Nemours   11,125    883,881 
Eastman Chemical   2,099    206,437 
Ecolab   3,747    766,299 
FMC   2,038    220,695 
Freeport-McMoRan Copper & Gold *    22,510    605,744 
International Flavors & Fragrances   1,563    175,650 
International Paper   5,983    301,005 
LyondellBasell Industries, Cl A   3,712    318,341 
Martin Marietta Materials   998    286,835 
Mosaic   5,346    138,782 
Newmont   12,327    734,689 
Nucor   4,608    224,548 
Packaging Corp of America   1,416    190,395 
PPG Industries   3,500    471,485 
Sealed Air   2,254    95,277 
Sherwin-Williams   1,205    833,619 
Vulcan Materials   1,987    296,341 
Westrock   3,876    160,583 
         10,317,565 
Real Estate — 2.4%
Alexandria Real Estate Equities ‡    1,743    291,273 
American Tower, Cl A ‡    6,671    1,516,719 
AvalonBay Communities ‡    2,099    343,543 
Boston Properties ‡    2,299    209,830 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
CBRE Group, Cl A *    4,749   $289,594 
Crown Castle International ‡    6,649    1,058,920 
Digital Realty Trust ‡    3,974    572,057 
Duke Realty ‡    5,355    211,844 
Equinix ‡    1,311    970,088 
Equity Residential ‡    5,503    339,205 
Essex Property Trust ‡    1,026    245,840 
Extra Space Storage ‡    1,933    219,956 
Federal Realty Investment Trust ‡    1,048    91,763 
Host Hotels & Resorts ‡ *    11,125    150,744 
Iron Mountain ‡    4,097    137,946 
Kimco Realty ‡    6,426    106,093 
Mid-America Apartment Communities ‡    1,667    221,294 
ProLogis ‡    11,099    1,145,416 
Public Storage ‡    2,277    518,291 
Realty Income ‡    5,166    305,104 
Regency Centers ‡    2,379    112,241 
SBA Communications, Cl A ‡    1,708    458,888 
Simon Property Group ‡    4,606    428,036 
SL Green Realty ‡    1,344    90,679 
UDR ‡    4,195    161,298 
Vornado Realty Trust ‡    2,579    102,541 
Welltower ‡    6,347    384,628 
Weyerhaeuser ‡    11,376    354,817 
         11,038,648 
Utilities — 2.8%
AES   10,006    244,046 
Alliant Energy   3,557    173,048 
Ameren   3,686    268,046 
American Electric Power   7,480    605,207 
American Water Works   2,705    430,149 
Atmos Energy   1,737    154,593 
CenterPoint Energy   7,462    157,374 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

   Shares   Value 
COMMON STOCK — continued
Utilities — continued
CMS Energy   4,295   $244,300 
Consolidated Edison   4,798    339,602 
Dominion Energy   12,156    886,050 
DTE Energy   2,774    329,329 
Duke Energy   10,859    1,020,746 
Edison International   5,115    297,488 
Entergy   2,837    270,451 
Evergy   3,642    195,685 
Eversource Energy   4,834    422,975 
Exelon   14,404    598,630 
FirstEnergy   7,706    237,037 
NextEra Energy   28,799    2,328,976 
NiSource   5,352    118,547 
NRG Energy   3,996    165,474 
Pinnacle West Capital   1,672    125,818 
PPL   10,819    299,362 
Public Service Enterprise Group   7,689    433,890 
Sempra Energy   4,109    508,530 
Southern   15,433    909,312 
WEC Energy Group   4,751    422,364 
Xcel Energy   7,824    500,658 
         12,687,687 
TOTAL UNITED STATES        451,423,404 
           
TOTAL INVESTMENTS — 99.9%          
(Cost $354,450,312)       $453,396,705 

 

Percentages are based on Net Assets of $454,065,972.

 

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

 

Cl — Class
S&P — Standard & Poor’s

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X S&P 500® Catholic Values ETF

 

As of January 31, 2021, 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 January 31, 2021, 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) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — 99.4%
ARGENTINA— 0.0%        
Information Technology — 0.0%
Globant *    6   $1,152 
AUSTRALIA— 10.5%          
Communication Services — 0.1%
Telstra   946    2,265 
TPG Telecom *    22    125 
         2,390 
Consumer Discretionary — 0.5%
Aristocrat Leisure   142    3,384 
Wesfarmers   254    10,642 
         14,026 
Consumer Staples — 0.7%
Coles Group   484    6,762 
Woolworths Group   472    14,797 
         21,559 
Energy — 0.2%
Origin Energy   390    1,418 
Santos   392    1,958 
Woodside Petroleum   212    3,980 
         7,356 
Financials — 2.7%
ASX   42    2,313 
Australia & New Zealand Banking Group   629    11,442 
Commonwealth Bank of Australia   391    25,053 
Insurance Australia Group   512    1,905 
Macquarie Group   75    7,561 
National Australia Bank   729    13,166 
QBE Insurance Group   324    1,996 
REA Group   9    1,013 
Suncorp Group   278    2,150 
Westpac Banking   800    12,970 
         79,569 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Health Care — 2.5%
Cochlear *    39   $5,908 
CSL   287    59,833 
Sonic Healthcare   289    7,621 
         73,362 
Industrials — 0.4%
Brambles   362    2,936 
Sydney Airport *    264    1,159 
Transurban Group   652    6,623 
         10,718 
Information Technology — 0.2%
Afterpay *    49    5,079 
Materials — 2.8%
BHP Group   478    13,203 
BHP Group   666    22,259 
Fortescue Metals Group   382    6,386 
Glencore *    2,472    8,364 
Newcrest Mining   182    3,508 
Rio Tinto   84    7,109 
Rio Tinto   250    19,187 
South32   1,096    2,136 
         82,152 
Real Estate — 0.3%
Dexus ‡    242    1,673 
Goodman Group ‡    370    5,019 
Scentre Group ‡    1,148    2,405 
         9,097 
Utilities — 0.1%
AGL Energy   138    1,215 
APA Group   215    1,615 
         2,830 
TOTAL AUSTRALIA        308,138 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
AUSTRIA— 0.3%        
Communication Services — 0.0%
Telekom Austria, Cl A   32   $244 
Energy — 0.0%
OMV   32    1,351 
Financials — 0.1%
BAWAG Group   16    701 
Erste Group Bank   66    2,025 
Raiffeisen Bank International   30    589 
         3,315 
Industrials — 0.1%
ANDRITZ   18    857 
Immobilien Anlagen   16    690 
Strabag   1    34 
         1,581 
Information Technology — 0.1%
AMS *    62    1,558 
Materials — 0.0%
Mayr Melnhof Karton   1    199 
voestalpine   26    951 
         1,150 
Real Estate — 0.0%
Verbund   16    1,446 
TOTAL AUSTRIA        10,645 
BELGIUM— 1.5%          
Consumer Discretionary — 0.1%
Ageas   40    2,055 
Consumer Staples — 0.7%
Anheuser-Busch InBev   319    20,145 
Financials — 0.3%
Groupe Bruxelles Lambert   27    2,682 
KBC Group *    76    5,329 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Sofina   2   $649 
         8,660 
Health Care — 0.3%
UCB   84    8,728 
Materials — 0.1%
Solvay   16    1,828 
Umicore   38    2,159 
         3,987 
TOTAL BELGIUM        43,575 
BRAZIL— 0.1%          
Materials — 0.1%
Yara International   40    1,873 
CHINA— 1.0%          
Consumer Discretionary — 0.4%
Prosus *    94    10,943 
Consumer Staples — 0.2%
Budweiser Brewing APAC   800    2,688 
Wilmar International   1,000    3,971 
         6,659 
Financials — 0.1%
BOC Hong Kong Holdings   800    2,394 
Health Care — 0.3%
Alibaba Health Information Technology *    2,500    7,835 
TOTAL CHINA        27,831 
DENMARK— 2.2%          
Consumer Staples — 0.2%
Carlsberg, Cl B   42    6,176 
Health Care — 0.9%
Coloplast, Cl B   73    10,939 
Genmab *    41    16,408 
         27,347 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Industrials — 0.7%
A P Moller - Maersk, Cl B   1   $2,078 
AP Moller - Maersk, Cl A   1    1,903 
DSV PANALPINA   48    7,524 
Vestas Wind Systems   48    10,459 
         21,964 
Materials — 0.1%
Novozymes, Cl B   48    2,895 
Utilities — 0.3%
Orsted   42    8,006 
TOTAL DENMARK        66,388 
FINLAND— 1.3%          
Energy — 0.2%
Neste   96    6,797 
Financials — 0.4%
Nordea Bank Abp   790    6,436 
Sampo, Cl A   110    4,635 
         11,071 
Industrials — 0.3%
Kone, Cl B   96    7,572 
Information Technology — 0.2%
Nokia *    1,280    6,165 
Materials — 0.1%
Stora Enso, Cl R   138    2,515 
Utilities — 0.1%
Fortum   96    2,331 
TOTAL FINLAND        36,451 
FRANCE— 8.6%          
Communication Services — 0.4%
Adevinta, Cl B *    52    777 
Orange   504    5,942 
Vivendi   213    6,552 
         13,271 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — 1.0%
Christian Dior   1   $524 
EssilorLuxottica   66    9,381 
Hermes International   8    8,189 
Kering   17    11,186 
         29,280 
Consumer Staples — 1.1%
Danone   257    17,160 
Pernod Ricard   75    14,187 
         31,347 
Energy — 0.8%
Total   552    23,402 
Financials — 2.0%
AXA   460    10,227 
BNP Paribas   255    12,324 
LVMH Moet Hennessy Louis Vuitton   60    36,323 
         58,874 
Industrials — 1.1%
Credit Agricole *    280    3,191 
Schneider Electric   128    18,809 
Vinci   122    11,351 
         33,351 
Information Technology — 0.2%
Dassault Systemes   32    6,405 
Materials — 1.7%
Air Liquide   107    17,549 
L’Oreal   91    32,072 
         49,621 
Utilities — 0.3%
Electricite de France *    102    1,274 
Engie *    410    6,386 
         7,660 
TOTAL FRANCE        253,211 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
GERMANY— 7.7%        
Communication Services — 0.5%
Deutsche Telekom   788   $14,073 
Consumer Discretionary — 1.9%
adidas *    42    13,369 
Allianz   92    20,848 
Bayerische Motoren Werke   72    6,124 
Daimler   187    13,204 
Volkswagen   8    1,696 
         55,241 
Consumer Staples — 0.3%
Beiersdorf   37    4,061 
Henkel & KGaA   42    3,939 
         8,000 
Financials — 0.5%
Deutsche Boerse   42    6,766 
Muenchener Rueckversicherungs-Gesellschaft in Muenchen   31    8,240 
         15,006 
Health Care — 0.6%
Fresenius Medical Care & KGaA   129    10,469 
Siemens Healthineers   151    8,490 
         18,959 
Industrials — 1.5%
Deutsche Post   232    11,503 
Siemens   192    29,844 
Siemens Energy *    99    3,678 
         45,025 
Information Technology — 1.4%
Infineon Technologies   296    11,912 
SAP   245    31,194 
         43,106 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Materials — 0.5%
BASF   208   $16,130 
Real Estate — 0.3%
Vonovia   125    8,374 
Utilities — 0.2%
E.ON   484    5,133 
TOTAL GERMANY        229,047 
HONG KONG— 2.8%          
Financials — 1.7%
AIA Group   2,600    31,436 
Hang Seng Bank   200    3,619 
Hong Kong Exchanges & Clearing   264    16,935 
         51,990 
Industrials — 0.5%
Jardine Matheson Holdings   74    4,277 
Jardine Strategic Holdings   42    1,092 
MTR   400    2,329 
Techtronic Industries   400    6,025 
         13,723 
Real Estate — 0.4%
CK Asset Holdings   600    3,014 
Henderson Land Development   400    1,635 
Link REIT ‡    500    4,366 
Sun Hung Kai Properties   310    4,238 
         13,253 
Utilities — 0.2%
CLP Holdings   400    3,750 
Hong Kong & China Gas   2,200    3,161 
         6,911 
TOTAL HONG KONG        85,877 
IRELAND— 1.0%          
Consumer Discretionary — 0.2%
Flutter Entertainment *    32    5,981 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Consumer Staples — 0.3%
Kerry Group, Cl A   56   $7,613 
Industrials — 0.2%
Kingspan Group *    36    2,449 
Ryanair Holdings *    130    2,258 
         4,707 
Materials — 0.3%
CRH   178    7,435 
TOTAL IRELAND        25,736 
ISRAEL— 0.5%          
Communication Services — 0.0%
Bezeq The Israeli Telecommunication *    125    129 
Financials — 0.2%
Bank Hapoalim *    248    1,772 
Bank Leumi Le-Israel   324    2,028 
First International Bank of Israel *    1    26 
Israel Discount Bank, Cl A   258    1,014 
Mizrahi Tefahot Bank   30    708 
Plus500   5    92 
         5,640 
Industrials — 0.0%
Kornit Digital *    6    544 
Shapir Engineering and Industry   1    7 
         551 
Information Technology — 0.3%
Check Point Software Technologies *    26    3,321 
Nice *    14    3,633 
Wix.com *    12    2,965 
         9,919 
Materials — 0.0%
ICL Group   156    841 
Real Estate — 0.0%
Azrieli Group   8    493 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Real Estate — continued
Strauss Group   6   $171 
         664 
Utilities — 0.0%
Energix-Renewable Energies   1    4 
TOTAL ISRAEL        17,748 
ITALY— 1.9%          
Consumer Discretionary — 0.2%
Ferrari   28    5,860 
Consumer Staples — 0.0%
Davide Campari-Milano   127    1,370 
Energy — 0.2%
Eni   562    5,702 
Financials — 0.6%
Assicurazioni Generali   272    4,656 
Intesa Sanpaolo   3,945    8,652 
Poste Italiane   102    1,001 
UniCredit *    468    4,297 
         18,606 
Health Care — 0.1%
Recordati   57    2,958 
Industrials — 0.1%
Atlantia *    112    1,783 
Utilities — 0.7%
Enel   1,681    16,728 
Snam   480    2,524 
Terna Rete Elettrica Nazionale   310    2,258 
         21,510 
TOTAL ITALY        57,789 
JAPAN— 32.8%          
Communication Services — 2.7%
Dentsu Group   56    1,773 
KDDI   396    11,646 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
Nexon   104   $3,164 
Nintendo   29    16,781 
Nippon Telegraph & Telephone   292    7,302 
SoftBank   400    5,261 
SoftBank Group   396    30,668 
Toho   32    1,236 
Z Holdings   600    3,727 
         81,558 
Consumer Discretionary — 5.4%
Aisin Seiki   40    1,225 
Bandai Namco Holdings   50    4,270 
Bridgestone   138    5,098 
Denso   116    6,434 
Fast Retailing   14    12,011 
Hikari Tsushin   4    840 
Honda Motor   400    10,562 
Isuzu Motors   100    955 
Koito Manufacturing   28    1,800 
Nissan Motor *    600    3,049 
Nitori Holdings   18    3,574 
Oriental Land   50    7,809 
Pan Pacific International Holdings   134    3,008 
Panasonic   490    6,325 
Rakuten *    200    1,966 
Sekisui Chemical   102    1,836 
Sekisui House   100    1,929 
Sharp   46    955 
Shimano   20    4,700 
Sony   277    26,590 
Subaru   142    2,721 
Sumitomo Electric Industries   200    2,660 
Suzuki Motor   104    4,677 
Toyota Industries   46    3,616 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Consumer Discretionary — continued
Toyota Motor   570   $39,744 
Yamaha   38    2,138 
ZOZO   44    1,232 
         161,724 
Consumer Services — 0.0%
Welcia Holdings   30    1,020 
Consumer Staples — 3.2%
Aeon   300    9,387 
Ajinomoto   240    5,669 
Asahi Group Holdings   200    8,046 
Kao   180    13,061 
Kikkoman   82    5,780 
Kirin Holdings   320    6,865 
Kobe Bussan   30    833 
Kose   14    2,251 
MEIJI Holdings   60    4,092 
Nissin Foods Holdings   36    3,112 
Seven & i Holdings   334    12,636 
Shiseido   148    9,597 
Suntory Beverage & Food   54    1,885 
Unicharm   160    7,183 
Yakult Honsha   68    3,468 
         93,865 
Energy — 0.2%
ENEOS Holdings   800    3,238 
Idemitsu Kosan   54    1,266 
Inpex   200    1,156 
         5,660 
Financials — 2.2%
Acom   200    879 
Dai-ichi Life Holdings   200    3,030 
Daiwa Securities Group   400    1,900 
Japan Exchange Group   118    2,756 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Japan Post Bank   90   $777 
Japan Post Insurance   6    118 
Mitsubishi UFJ Financial Group   2,800    12,551 
Mizuho Financial Group   560    7,373 
MS&AD Insurance Group Holdings   108    3,099 
Nomura Holdings   700    3,689 
ORIX   300    4,800 
Resona Holdings   500    1,734 
Sompo Holdings   82    3,264 
Sumitomo Mitsui Financial Group   304    9,422 
Sumitomo Mitsui Trust Holdings   82    2,453 
T&D Holdings   100    1,159 
Tokio Marine Holdings   156    7,648 
         66,652 
Health Care — 6.5%
Eisai   200    14,601 
Hoya   240    30,706 
Kyowa Kirin   150    4,441 
M3 *    284    23,901 
Nihon M&A Center   30    1,742 
Olympus *    800    14,438 
Ono Pharmaceutical   334    9,969 
Otsuka Holdings   370    15,769 
Santen Pharmaceutical   200    3,307 
Shionogi   170    9,223 
Sysmex   110    12,855 
Takeda Pharmaceutical   990    34,968 
Terumo   444    17,239 
         193,159 
Industrials — 6.6%
AGC   54    1,872 
ANA Holdings *    28    594 
Central Japan Railway   50    7,068 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Dai Nippon Printing   72   $1,238 
Daifuku   30    3,418 
Daikin Industries   70    14,780 
East Japan Railway   90    5,923 
FANUC   46    12,023 
Hankyu Hanshin Holdings   60    1,934 
ITOCHU   350    10,021 
Japan Airlines *    26    463 
Kajima   100    1,338 
Keio   30    2,192 
Kintetsu Group Holdings *    46    1,929 
Komatsu   240    6,562 
Kubota   300    6,588 
Makita   66    3,146 
Marubeni   400    2,653 
Minebea   102    2,259 
MISUMI Group   68    2,212 
Mitsubishi   320    8,092 
Mitsubishi Electric   512    7,798 
Mitsubishi Heavy Industries   80    2,291 
Mitsui   400    7,398 
Monotaro   20    1,003 
Nidec   130    17,197 
Obayashi   200    1,673 
Odakyu Electric Railway   80    2,319 
Recruit Holdings   400    17,353 
Secom   52    4,707 
SG Holdings   116    2,981 
Shimizu   200    1,408 
SMC   16    9,683 
Sumitomo   300    3,974 
Taisei   54    1,746 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Industrials — continued
Tobu Railway   50   $1,408 
Tokyu   100    1,173 
Toshiba   102    3,327 
TOTO   38    2,102 
Toyota Tsusho   56    2,185 
West Japan Railway   46    2,443 
Yamato Holdings   98    2,435 
Yaskawa Electric   64    3,277 
         196,186 
Information Technology — 3.9%
Advantest   46    3,642 
Canon   200    4,383 
Disco   10    3,252 
Fujitsu   44    6,733 
GMO Payment Gateway   10    1,429 
Hitachi   230    9,459 
Itochu Techno-Solutions   10    352 
Keyence   42    22,521 
Kyocera   80    5,119 
Lasertec   10    1,342 
Murata Manufacturing   146    14,022 
NEC   60    3,267 
Nomura Research Institute   88    2,971 
NTT Data   100    1,435 
Obic   16    3,004 
Omron   46    4,060 
Oracle Japan *    8    944 
Otsuka   20    1,007 
Renesas Electronics *    200    2,292 
Rohm   22    2,230 
Shimadzu   62    2,360 
TDK   30    4,837 
Tokyo Electron   36    13,689 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Trend Micro *    28   $1,535 
         115,885 
Materials — 1.2%
Asahi Kasei   300    3,337 
Kansai Paint   58    1,709 
Nippon Paint Holdings   44    3,959 
Nippon Sanso Holdings   48    923 
Nippon Steel   200    2,306 
Nitto Denko   36    3,256 
Shin-Etsu Chemical   94    16,318 
Sumitomo Metal Mining   62    2,691 
Toray Industries   400    2,603 
         37,102 
Real Estate — 0.7%
Daiwa House Industry   100    2,832 
Hulic   100    1,131 
Mitsubishi Estate   288    4,545 
Mitsui Fudosan   200    4,047 
Nippon Prologis REIT ‡    1    3,262 
Nomura Real Estate Master Fund ‡    1    1,518 
Sumitomo Realty & Development   106    3,198 
         20,533 
Utilities — 0.3%
Chubu Electric Power   200    2,448 
Kansai Electric Power   200    1,958 
Osaka Gas   92    1,698 
Tokyo Gas   86    1,881 
         7,985 
TOTAL JAPAN        981,329 
LUXEMBOURG— 0.1%          
Communication Services — 0.0%
RTL Group *    8    459 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Communication Services — continued
SES, Cl A   88   $753 
         1,212 
Materials — 0.1%
ArcelorMittal *    162    3,551 
TOTAL LUXEMBOURG        4,763 
MACAO— 0.2%          
Consumer Discretionary — 0.2%
Galaxy Entertainment Group *    430    3,261 
Sands China *    600    2,387 
TOTAL MACAO        5,648 
NETHERLANDS— 5.3%          
Consumer Staples — 0.7%
Heineken   87    9,084 
Koninklijke Ahold Delhaize   408    11,693 
         20,777 
Energy — 1.0%
Royal Dutch Shell, Cl A   892    16,389 
Royal Dutch Shell, Cl B   804    14,046 
         30,435 
Financials — 0.3%
EXOR   22    1,640 
ING Groep *    834    7,473 
         9,113 
Health Care — 1.1%
Galapagos *    26    2,718 
Koninklijke Philips   572    31,240 
         33,958 
Information Technology — 2.2%
Adyen *    7    14,623 
ASML Holding   96    51,254 
         65,877 
TOTAL NETHERLANDS        160,160 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
NEW ZEALAND— 0.8%        
Communication Services — 0.0%
Spark New Zealand   418   $1,446 
Consumer Staples — 0.1%
a2 Milk *    310    2,578 
Health Care — 0.4%
Fisher & Paykel Healthcare   382    9,537 
Ryman Healthcare   276    3,095 
         12,632 
Industrials — 0.1%
Auckland International Airport *    284    1,525 
Information Technology — 0.1%
Xero *    24    2,392 
Utilities — 0.1%
Contact Energy   158    930 
Mercury NZ   138    709 
Meridian Energy   278    1,432 
         3,071 
TOTAL NEW ZEALAND        23,644 
NORWAY— 0.8%          
Communication Services — 0.1%
Schibsted, Cl A *    18    681 
Schibsted, Cl B *    24    778 
Telenor   148    2,458 
         3,917 
Consumer Staples — 0.3%
Leroy Seafood Group   118    828 
Mowi *    188    4,178 
Orkla   340    3,316 
Salmar   22    1,330 
         9,652 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Energy — 0.2%
Aker BP   24   $601 
Equinor   244    4,418 
         5,019 
Financials — 0.2%
Aker, Cl A   6    479 
DnB *    200    3,927 
Gjensidige Forsikring   42    972 
         5,378 
Industrials — 0.0%
NEL, Cl A *    60    216 
TOMRA Systems   20    923 
         1,139 
Materials — 0.0%
Norsk Hydro   308    1,373 
TOTAL NORWAY        26,478 
PORTUGAL— 0.2%          
Consumer Staples — 0.1%
Jeronimo Martins   102    1,670 
Utilities — 0.1%
Energias de Portugal   566    3,556 
TOTAL PORTUGAL        5,226 
SINGAPORE— 1.1%          
Communication Services — 0.1%
Singapore Telecommunications   1,800    3,201 
Consumer Discretionary — 0.0%
Genting Singapore   1,200    773 
Financials — 0.8%
City Developments   100    544 
DBS Group Holdings   400    7,589 
Oversea-Chinese Banking   900    6,999 
Singapore Exchange   200    1,492 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
United Overseas Bank   321   $5,655 
         22,279 
Industrials — 0.1%
Keppel   400    1,510 
Singapore Airlines *    400    1,239 
Singapore Technologies Engineering   400    1,118 
         3,867 
Real Estate — 0.1%
Ascendas Real Estate Investment Trust ‡    622    1,443 
CapitaLand   600    1,451 
         2,894 
TOTAL SINGAPORE        33,014 
SOUTH AFRICA— 0.3%          
Materials — 0.3%
Anglo American   308    10,210 
SPAIN— 2.3%          
Communication Services — 0.4%
Cellnex Telecom *    87    5,106 
Telefonica   1,256    5,423 
         10,529 
Consumer Discretionary — 0.3%
Industria de Diseno Textil   263    7,825 
Financials — 0.6%
Banco Bilbao Vizcaya Argentaria   1,474    6,746 
Banco Santander   3,601    10,565 
         17,311 
Industrials — 0.1%
Aena SME *    18    2,784 
Information Technology — 0.2%
Amadeus IT Group, Cl A *    102    6,511 
Utilities — 0.7%
EDP Renovaveis   18    493 
Endesa   70    1,794 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Utilities — continued
Iberdrola   1,258   $17,095 
Naturgy Energy Group   74    1,916 
         21,298 
TOTAL SPAIN        66,258 
SWEDEN— 3.8%          
Communication Services — 0.1%
Tele2, Cl B   114    1,580 
Telia   576    2,537 
         4,117 
Consumer Discretionary — 0.1%
Evolution Gaming Group   32    3,133 
Consumer Staples — 0.5%
Essity, Cl B   231    7,412 
ICA Gruppen   38    1,913 
Swedish Match   61    4,730 
         14,055 
Energy — 0.0%
Lundin Energy   42    1,151 
Financials — 0.9%
Equities   56    1,755 
Industrivarden, Cl A *    36    1,218 
Industrivarden, Cl C *    36    1,152 
Investor, Cl A   24    1,766 
Investor, Cl B   101    7,449 
Kinnevik *    54    2,663 
L E Lundbergforetagen, Cl B *    14    740 
Skandinaviska Enskilda Banken, Cl A   356    3,904 
Skandinaviska Enskilda Banken, Cl C   4    45 
Svenska Handelsbanken, Cl A   336    3,380 
Svenska Handelsbanken, Cl B   8    92 
Swedbank, Cl A   206    3,902 
         28,066 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Industrials — 1.4%
Alfa Laval   72   $1,898 
Assa Abloy, Cl B   236    5,867 
Atlas Copco, Cl A   154    8,419 
Atlas Copco, Cl B   94    4,432 
Epiroc, Cl A   150    2,891 
Epiroc, Cl B   94    1,623 
Investment Latour, Cl B   30    675 
Nibe Industrier, Cl B   73    2,449 
Skanska, Cl B   86    2,236 
SKF, Cl B   90    2,478 
Volvo, Cl B   392    9,731 
         42,699 
Information Technology — 0.4%
Hexagon, Cl B   64    5,624 
Telefonaktiebolaget LM Ericsson, Cl B   594    7,533 
         13,157 
Materials — 0.4%
Boliden   62    2,047 
Sandvik   264    6,617 
Svenska Cellulosa, Cl B   136    2,407 
         11,071 
TOTAL SWEDEN        117,449 
SWITZERLAND— 3.0%          
Consumer Discretionary — 0.4%
Cie Financiere Richemont, Cl A   116    10,807 
Financials — 0.9%
UBS Group   848    12,273 
Zurich Insurance Group   33    13,213 
         25,486 
Health Care — 0.7%
Alcon *    306    22,015 
Industrials — 0.5%
ABB   460    13,620 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — 0.2%
STMicroelectronics   148   $5,982 
Materials — 0.3%
Givaudan   2    8,085 
TOTAL SWITZERLAND        85,995 
UNITED KINGDOM— 8.0%          
Communication Services — 0.6%
BT Group, Cl A *    1,994    3,439 
Vodafone Group   6,557    11,241 
WPP   276    2,902 
         17,582 
Consumer Discretionary — 0.4%
Compass Group *    398    7,162 
Ocado Group *    125    4,767 
         11,929 
Consumer Staples — 2.1%
Associated British Foods *    135    3,925 
Coca-Cola European Partners   88    4,089 
Diageo   883    35,757 
Imperial Brands   346    6,984 
Tesco   3,631    11,937 
         62,692 
Energy — 0.5%
BP   4,375    16,311 
Financials — 2.3%
Aviva   870    4,005 
Barclays *    3,604    6,609 
HSBC Holdings *    4,556    23,946 
Legal & General Group   1,306    4,376 
Lloyds Banking Group *    15,676    7,104 
London Stock Exchange Group   70    8,349 
Natwest Group *    1,016    2,059 
Prudential   601    9,676 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares   Value 
COMMON STOCK — continued
Financials — continued
Standard Chartered *    586   $3,573 
         69,697 
Health Care — 0.4%
Smith & Nephew   557    11,791 
Industrials — 1.3%
Ashtead Group   100    5,071 
CK Hutchison Holdings   720    4,986 
CNH Industrial   236    3,026 
Experian   218    7,651 
Ferguson   56    6,538 
RELX   472    11,748 
         39,020 
Real Estate — 0.1%
Segro ‡    236    3,092 
Utilities — 0.5%
National Grid   866    10,108 
SSE   232    4,728 
         14,836 
TOTAL UNITED KINGDOM        246,950 
UNITED STATES— 1.0%          
Communication Services — 0.3%
Spotify Technology *    28    8,820 
Consumer Discretionary — 0.3%
Stellantis *    490    7,459 
Information Technology — 0.3%
Atlassian, Cl A *    28    6,472 
CyberArk Software *    8    1,282 
         7,754 
Materials — 0.1%
Ardagh Group, Cl A   1    17 
James Hardie Industries *    89    2,512 
         2,529 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

   Shares/Number
of Rights		   Value 
COMMON STOCK — continued          
TOTAL UNITED STATES       $26,562 
TOTAL COMMON STOCK          
(Cost $2,502,733)        2,959,147 
           
PREFERRED STOCK — 0.5%          
GERMANY— 0.5%          
Consumer Discretionary — 0.3%          
Bayerische Motoren Werke, (A)    12    787 
Volkswagen, (A)    41    7,792 
         8,579 
Consumer Staples — 0.2%          
Henkel & KGaA, (A)    68    7,064 
TOTAL GERMANY        15,643 
TOTAL PREFERRED STOCK          
(Cost $12,918)        15,643 
           
RIGHT — 0.0%          
Spain — 0.0%          
Iberdrola*    1,258    261 
TOTAL RIGHT (Cost $0)        261 
TOTAL INVESTMENTS — 99.9%          
(Cost $2,515,651)       $2,975,051 

Percentages are based on Net Assets of $2,977,655.

 

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

 

Cl — Class
REIT — Real Estate Investment Trust

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

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

 

The following is a summary of the level of inputs used as of January 31, 2021, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $2,948,321   $10,826   $—   $2,959,147 
Preferred Stock   15,643    —    —    15,643 
Rights   261    —    —    261 
Total Investments in Securities  $2,964,225   $10,826   $—   $2,975,051 

 

For the period ended January 31, 2021, 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) January 31, 2021
   

Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — 98.0%
CANADA— 2.1%        
Information Technology — 2.1%
Shopify, Cl A *    1,301   $1,429,266 
CHINA— 3.5%          
Consumer Discretionary — 3.5%
Alibaba Group Holding ADR *    4,606    1,169,141 
JD.com ADR *    13,603    1,206,450 
TOTAL CHINA        2,375,591 
UNITED KINGDOM— 1.9%          
Communication Services — 1.9%
Liberty Global *    54,260    1,310,922 
UNITED STATES— 90.5%          
Communication Services — 11.5%
Charter Communications, Cl A *    1,844    1,120,341 
Liberty Broadband, Cl C *    7,650    1,117,282 
Netflix *    2,462    1,310,744 
New York Times, Cl A   28,302    1,403,496 
Walt Disney *    8,226    1,383,366 
Zillow Group, Cl C *    11,293    1,473,285 
         7,808,514 
Consumer Discretionary — 9.4%
Amazon.com *    377    1,208,738 
Home Depot   4,358    1,180,233 
Lithia Motors, Cl A   4,412    1,406,016 
Lowe’s   7,401    1,234,857 
Wayfair, Cl A *    4,973    1,354,247 
         6,384,091 
Consumer Staples — 6.7%
Constellation Brands, Cl A   5,798    1,222,972 
Mondelez International, Cl A   20,388    1,130,311 
Post Holdings *    11,747    1,114,203 
Procter & Gamble   8,338    1,069,015 
         4,536,501 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued
Energy — 2.0%
Cheniere Energy *    21,962   $1,390,854 
Financials — 7.1%
Arch Capital Group *    33,572    1,054,496 
Citigroup   23,432    1,358,822 
Discover Financial Services   15,418    1,288,020 
S&P Global   3,514    1,113,938 
         4,815,276 
Health Care — 13.6%
Amicus Therapeutics *    52,163    986,402 
Bausch Health *    61,121    1,558,585 
Cigna   5,507    1,195,294 
Mirati Therapeutics *    5,151    1,057,655 
PerkinElmer   8,938    1,314,512 
QIAGEN *    25,660    1,389,489 
Tenet Healthcare *    36,868    1,742,751 
         9,244,688 
Industrials — 8.5%
Carrier Global   29,373    1,130,860 
CSX   12,814    1,098,864 
Otis Worldwide   17,604    1,138,099 
Uber Technologies *    24,201    1,232,557 
United Airlines Holdings *    29,143    1,165,429 
         5,765,809 
Information Technology — 17.3%
CoreLogic   15,196    1,144,107 
Dell Technologies, Cl C *    17,520    1,277,033 
Elastic *    11,485    1,745,260 
Fiserv *    10,760    1,104,944 
NortonLifeLock   62,638    1,319,783 
PayPal Holdings *    6,181    1,448,270 
SolarWinds *    54,033    908,295 
Twilio, Cl A *    4,129    1,484,086 

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued
Information Technology — continued
Zendesk *    9,442   $1,361,914 
         11,793,692 
Materials — 5.6%
Ashland Global Holdings   15,011    1,200,730 
Freeport-McMoRan Copper & Gold *    56,520    1,520,953 
Sherwin-Williams   1,618    1,119,333 
         3,841,016 
Real Estate — 5.2%
American Tower, Cl A ‡    4,965    1,128,842 
Apartment Income REIT ‡    29,587    1,147,088 
Apartment Investment and Management, Cl A ‡ *    30,194    138,590 
VICI Properties ‡    45,166    1,141,797 
         3,556,317 
Utilities — 3.6%
Essential Utilities   26,362    1,220,561 
Vistra   61,828    1,234,705 
         2,455,266 
TOTAL UNITED STATES        61,592,024 
TOTAL COMMON STOCK          
(Cost $55,380,937)        66,707,803 
 
MASTER LIMITED PARTNERSHIP — 1.8%
Energy — 1.8%          
Enterprise Products Partners (A)          
(Cost $1,317,487)   62,179    1,257,881 
TOTAL INVESTMENTS — 99.8%          
(Cost $56,698,424)       $67,965,684 

 

Percentages are based on Net Assets of $68,086,421.

* Non-income producing security.
‡ Real Estate Investment Trust
(A) Security considered Master Limited Partnership. At January 31, 2021, these securities amounted to $1,257,881 or 1.8% of Net Assets of the Fund.

 

 
 
   
Schedule of Investments (Unaudited) January 31, 2021
   

Global X Guru® Index ETF

 

ADR — American Depositary Receipt
Cl — Class
REIT — Real Estate Investment Trust
S&P — Standard & Poor’s

 

As of January 31, 2021, 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 January 31, 2021, 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-003-1900