Global X Millennial Consumer ETF (ticker: MILN)
Global X Aging Population ETF (ticker: AGNG)
Global X Health & Wellness ETF (ticker: BFIT)
Global X Robotics & Artificial Intelligence ETF (ticker: BOTZ)
Global X FinTech ETF (ticker: FINX)
Global X Internet of Things ETF (ticker: SNSR)
Global X U.S. Infrastructure Development ETF (ticker: PAVE)
Global X Autonomous & Electric Vehicles ETF (ticker: DRIV)
Global X Artificial Intelligence & Technology ETF (ticker: AIQ)
Global X Genomics & Biotechnology ETF (ticker: GNOM)
Global X Cloud Computing ETF (ticker: CLOU)
Global X Cannabis ETF (ticker: POTX)
Global X Thematic Growth ETF (ticker: GXTG)
Global X Video Games & Esports ETF (ticker: HERO)
Global X Cybersecurity ETF (ticker: BUG)
Global X Education ETF (ticker: EDUT)
Global X Telemedicine & Digital Health ETF (ticker: EDOC)
Global X China Biotech Innovation ETF (ticker: CHB)
Global X CleanTech ETF (ticker: CTEC)
Global X Data Center REITs & Digital Infrastructure ETF (ticker: VPN)
Global X Clean Water ETF (ticker: AQWA)
Global X AgTech & Food Innovation ETF (ticker: KROP)
Global X Blockchain ETF (ticker: BKCH)
Global X Hydrogen ETF (ticker: HYDR)
Global X Solar ETF (ticker: RAYS)
Global X Wind Energy ETF (ticker: WNDY)
Global X Green Building ETF (ticker: GRNR)
Global X Metaverse ETF (ticker: VR)
Global X PropTech ETF (ticker: PTEC)
Global X Carbon Credits Strategy ETF (ticker: NTRL)

Semi-Annual Report

May 31, 2023


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

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

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



Table of Contents

 


 
 
Schedules of Investments/Consolidated Schedule of Investments      
Global X Millennial Consumer ETF     1  
Global X Aging Population ETF     6  
Global X Health & Wellness ETF     12  
Global X Robotics & Artificial Intelligence ETF     16  
Global X FinTech ETF     21  
Global X Internet of Things ETF     26  
Global X U.S. Infrastructure Development ETF     31  
Global X Autonomous & Electric Vehicles ETF     36  
Global X Artificial Intelligence & Technology ETF     42  
Global X Genomics & Biotechnology ETF     49  
Global X Cloud Computing ETF     53  
Global X Cannabis ETF     57  
Global X Thematic Growth ETF     60  
Global X Video Games & Esports ETF     62  
Global X Cybersecurity ETF     66  
Global X Education ETF     68  
Global X Telemedicine & Digital Health ETF     71  
Global X China Biotech Innovation ETF     74  
Global X CleanTech ETF     77  
Global X Data Center REITs & Digital Infrastructure ETF     81  
Global X Clean Water ETF     84  
Global X AgTech & Food Innovation ETF     87  
Global X Blockchain ETF     90  
Global X Hydrogen ETF     94  
Global X Solar ETF     97  
Global X Wind Energy ETF     101  
Global X Green Building ETF     104  
Global X Metaverse ETF     109  
Global X Proptech ETF     112  
Global X Carbon Credits Strategy ETF     116  
Glossary     118  
Statements of Assets and Liabilities/Consolidated Statement of Assets and Liabilities     119  
Statements of Operations/Consolidated Statement of Operations     127  
Statements of Changes in Net Assets/Consolidated Statement of Changes in Net Assets     135  
Financial Highlights/Consolidated Financial Highlights     150  
Notes to Financial Statements/Notes to Consolidated Financial Statements     170  
Disclosure of Fund Expenses     204  
Approval of Investment Advisory Agreement     209  
Liquidity Risk Management Program     213  
Supplemental Information     214  

 



Table of Contents

 

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

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

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





Schedule of Investments   May 31, 2023 (Unaudited)
Global X Millennial Consumer ETF

 


       
 
    Shares     Value  
COMMON STOCK — 99.9%            
SINGAPORE — 2.1%            
Communication Services — 2.1%            
Sea ADR *     35,013     $ 2,010,096  
UNITED STATES — 97.8%                
Communication Services — 23.1%                
Activision Blizzard *     34,362       2,755,832  
Alphabet, Cl A *     27,372       3,363,198  
Angi, Cl A *     135,936       415,964  
Cargurus, Cl A *     16,161       303,665  
Cars.com *     14,690       259,278  
iHeartMedia, Cl A *     74,811       177,302  
Match Group *     23,482       810,129  
Meta Platforms, Cl A *     13,341       3,531,630  
Netflix *     8,492       3,356,293  
Snap, Cl A *     111,658       1,138,912  
Spotify Technology *     16,271       2,422,752  
TripAdvisor *     15,870       246,937  
Vimeo *     81,189       297,964  
Walt Disney *     29,157       2,564,650  
Yelp, Cl A *     9,509       318,551  

 

The accompanying notes are an integral part of the financial statements.
1




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Millennial Consumer ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Communication Services — continued            
ZipRecruiter, Cl A *     16,879     $ 261,118  
              22,224,175  
Consumer Discretionary — 40.8%                
2U *     53,518       214,072  
Airbnb, Cl A *     25,809       2,833,054  
Amazon.com *     28,718       3,462,816  
AutoNation *     3,938       515,563  
Booking Holdings *     1,115       2,797,279  
Capri Holdings *     10,555       370,480  
CarMax *     13,292       959,815  
Carter's     4,016       249,675  
Carvana, Cl A * (A)     31,175       402,781  
Chegg *     16,254       145,961  
Children's Place *     9,343       140,425  
Chipotle Mexican Grill, Cl A *     1,706       3,542,492  
Columbia Sportswear .     5,218       385,245  
Coursera *     25,981       328,919  
Designer Brands, Cl A     33,345       209,073  
Dick's Sporting Goods     5,215       664,965  
eBay     45,196       1,922,638  
Etsy *     10,486       849,890  
Expedia Group *     12,436       1,190,250  
GoPro, Cl A *     61,279       257,372  
Graham Holdings, Cl B     493       278,422  
Home Depot .     10,062       2,852,074  
Laureate Education, Cl A     24,572       297,321  
Life Time Group Holdings *     16,868       320,661  
Lowe's     14,598       2,936,096  
Lululemon Athletica *     8,067       2,677,679  
NIKE, Cl B     23,255       2,447,821  
Peloton Interactive, Cl A *     28,877       210,225  
Perdoceo Education *     21,462       253,037  
Planet Fitness, Cl A *     7,125       455,573  
Skechers USA, Cl A *     11,298       580,378  
Starbucks     27,480       2,683,147  
Strategic Education .     3,096       244,305  
Stride *     7,577       306,187  
Under Armour, Cl A *     32,021       230,871  
VF .     32,668       562,543  

 

The accompanying notes are an integral part of the financial statements.
2




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Millennial Consumer ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Consumer Discretionary — continued            
Victoria's Secret *     8,952     $ 182,800  
Wayfair, Cl A *     8,331       335,906  
              39,297,811  
Consumer Staples — 3.7%                
Costco Wholesale     5,906       3,021,274  
Medifast .     2,974       234,054  
Sprouts Farmers Market *     8,631       298,287  
              3,553,615  
Financials — 9.5%                
Avantax *     10,702       226,454  
Block, Cl A *     45,541       2,750,221  
Fiserv *     25,412       2,850,972  
LendingClub *     40,497       332,075  
Nelnet, Cl A     3,224       298,220  
PayPal Holdings *     38,938       2,413,767  
SLM     21,244       324,184  
              9,195,893  
Health Care — 0.8%                
Accolade *     19,695       237,128  
American Well, Cl A *     133,482       294,995  
Hims & Hers Health *     29,111       260,252  
              792,375  
Industrials — 4.5%                
Avis Budget Group *     3,293       552,533  
Lyft, Cl A *     30,948       279,151  
Uber Technologies *     93,529       3,547,555  
              4,379,239  
Information Technology — 6.4%                
Apple .     17,761       3,148,137  
Intuit .     6,657       2,790,082  
PowerSchool Holdings, Cl A *     14,599       276,505  
              6,214,724  
Real Estate — 9.0%                
AvalonBay Communities ‡     11,779       2,049,310  

 

The accompanying notes are an integral part of the financial statements.
3




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Millennial Consumer ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Real Estate — continued            
Camden Property Trust     8,976     $ 937,723  
Centerspace     5,303       311,870  
Equity Residential     31,874       1,937,939  
Independence Realty Trust     18,793       324,555  
Invitation Homes     51,464       1,743,600  
UDR     27,696       1,098,700  
Zillow Group, Cl A *     6,506       291,404  
              8,695,101  
TOTAL UNITED STATES             94,352,933  
TOTAL COMMON STOCK                
(Cost $142,214,176)             96,363,029  
SHORT-TERM INVESTMENT(B)(C) — 0.1%                
Fidelity Investments Money Market                
Government Portfolio, Cl Institutional,                
5.020%
               
(Cost $89,396)      89,396       89,396  
  Face Amount          
REPURCHASE AGREEMENT(B) — 0.2%                
BNP Paribas                
4.990%, dated 05/31/2023, to be repurchased                
on 06/01/2023, repurchase price $180,829                
(collateralized by various U.S. Treasury                
Obligations, ranging in par value $3,111                
- $21,562, 4.125% - 5.410%, 7/31/2024                
- 9/30/2027, with a total market value of                
$184,433)                
(Cost $180,804)    $ 180,804       180,804  
TOTAL INVESTMENTS — 100.2%                
(Cost $142,484,376)           $ 96,633,229  

 

Percentages are based on Net Assets of $96,433,589.
 
* Non-income producing security.
Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at May 31, 2023. 
(B) Security was purchased with cash collateral held from securities on loan.

 

The accompanying notes are an integral part of the financial statements.
4




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Millennial Consumer ETF

 

(C)      The rate reported on the Schedule of Investments is the 7-day effective yield as of May 31, 2023.

The following is a summary of the level of inputs used as of May 31, 2023, in valuing the Fund's investments carried at value:

Investments in Securities
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Common Stock
 
$
96,363,029
   
$
   
$
   
$
96,363,029
 
Short-Term Investment
   
89,396
     
     
     
89,396
 
Repurchase Agreement
   
     
180,804
     
     
180,804
 
Total Investments in Securities
 
$
96,452,425
   
$
180,804
   
$
   
$
96,633,229
 

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

See “Glossary” for abbreviations.


The accompanying notes are an integral part of the financial statements.
5




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF

 


     
 
    Shares   Value  
COMMON STOCK — 99.8%          
AUSTRALIA — 0.7%          
Health Care — 0.7%          
Cochlear     2,252   $ 354,740  
BELGIUM — 1.5%              
Health Care — 1.2%              
UCB     6,617     575,072  
Real Estate — 0.3%              
Aedifica     1,812     121,219  
TOTAL BELGIUM           696,291  
CANADA — 0.6%              
Health Care — 0.6%              
Chartwell Retirement Residences     22,771     150,935  
Sienna Senior Living     17,879     146,657  
TOTAL CANADA           297,592  
CHINA — 4.0%              
Health Care — 4.0%              
AK Medical Holdings .     111,189     98,999  
BeiGene ADR *     3,536     781,209  
Beijing Chunlizhengda Medical Instruments,              
Cl H     55,116     106,032  
Hansoh Pharmaceutical Group     198,643     328,862  
Lifetech Scientific *     357,792     106,493  
Luye Pharma Group *     283,424     126,356  
Microport Scientific *     59,702     102,805  

 

The accompanying notes are an integral part of the financial statements.
6




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF
 



       
 
    Shares     Value  
COMMON STOCK — continued            
Health Care — continued            
SciClone Pharmaceuticals Holdings .     96,800     $ 129,838  
Venus MedTech Hangzhou, Cl H *     97,440       91,238  
TOTAL CHINA             1,871,832  
DENMARK — 5.8%                
Consumer Discretionary — 0.3%                
GN Store Nord *     6,278       154,766  
Health Care — 5.5%                
Demant *     8,055       305,355  
Genmab *     2,240       873,848  
Novo Nordisk, Cl B     8,857       1,415,304  
              2,594,507  
TOTAL DENMARK             2,749,273  
FRANCE — 0.3%                
Health Care — 0.3%                
Korian     18,665       147,947  
GERMANY — 0.9%                
Health Care — 0.9%                
Fresenius Medical Care & KGaA .     9,993       425,608  
IRELAND — 0.3%                
Health Care — 0.3%                
Amarin ADR *     103,370       120,943  
ITALY — 0.6%                
Health Care — 0.6%                
Amplifon     7,830       269,459  
JAPAN — 7.6%                
Health Care — 7.6%                
Astellas Pharma .     61,694       974,766  
Chugai Pharmaceutical     58,674       1,576,931  
Nipro     19,710       139,662  
SUNWELS     5,819       134,110  

 

The accompanying notes are an integral part of the financial statements.
7




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Health Care — continued            
Terumo     25,586     $ 777,570  
TOTAL JAPAN             3,603,039  
NEW ZEALAND — 0.3%                
Health Care — 0.3%                
Ryman Healthcare     42,962       163,508  
SOUTH KOREA — 1.7%                
Health Care — 1.7%                
Celltrion .     4,990       644,013  
Dentium .     1,306       156,061  
TOTAL SOUTH KOREA             800,074  
SPAIN — 0.2%                
Health Care — 0.2%                
Pharma Mar     3,136       108,456  
SWEDEN — 0.3%                
Health Care — 0.3%                
Elekta, Cl B     17,678       129,228  
SWITZERLAND — 6.2%                
Health Care — 6.2%                
Alcon .     20,526       1,586,575  
Sonova Holding .     2,082       531,574  
Straumann Holding .     5,446       792,936  
TOTAL SWITZERLAND             2,911,085  
UNITED KINGDOM — 4.0%                
Health Care — 4.0%                
AstraZeneca ADR .     19,610       1,433,099  
Smith & Nephew .     29,783       443,696  
TOTAL UNITED KINGDOM             1,876,795  
UNITED STATES — 64.8%                
Health Care — 59.1%                
AbbVie     9,009       1,242,882  
ACADIA Pharmaceuticals *     7,850       184,475  

 

The accompanying notes are an integral part of the financial statements.
8




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Health Care — continued            
agilon health *     14,075     $ 279,811  
Agios Pharmaceuticals *     6,503       164,396  
Alector *     22,116       164,543  
Alphatec Holdings *     9,228       139,896  
Amedisys *     1,800       136,674  
Amgen .     5,809       1,281,756  
AngioDynamics *     15,476       146,403  
Biogen *     5,095       1,510,209  
Blueprint Medicines *     3,103       175,381  
Boston Scientific *     28,475       1,465,893  
Bristol-Myers Squibb     20,789       1,339,643  
Brookdale Senior Living *     35,032       120,860  
Cano Health *     103,266       140,442  
DaVita *     3,061       286,724  
Deciphera Pharmaceuticals *     9,751       131,638  
Denali Therapeutics *     5,897       178,207  
Dexcom *     12,591       1,476,421  
Edwards Lifesciences *     17,308       1,457,853  
Eli Lilly     3,960       1,700,662  
Embecta .     5,090       140,840  
Ensign Group     1,939       171,815  
Exact Sciences *     6,071       495,272  
Exelixis *     10,992       211,926  
FibroGen *     7,401       127,667  
Glaukos *     2,967       169,178  
Halozyme Therapeutics *     4,591       148,886  
Incyte *     7,588       467,041  
Insulet *     2,352       645,036  
Integer Holdings *     1,817       148,740  
Johnson & Johnson     8,819       1,367,474  
LivaNova *     3,396       150,375  
MannKind *     34,958       162,205  
Medtronic     18,087       1,496,880  
Merit Medical Systems *     1,959       161,422  
National HealthCare     2,528       153,450  
Neurocrine Biosciences *     3,287       294,285  
Novocure *     3,568       256,218  
NuVasive *     3,404       129,897  
Regeneron Pharmaceuticals *     1,786       1,313,710  

 

The accompanying notes are an integral part of the financial statements.
9




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Health Care — continued            
Roche Holding     3,631     $ 1,219,403  
Seagen *     7,107       1,390,840  
Sight Sciences *     15,726       150,812  
Silk Road Medical *     3,627       109,499  
Stryker     5,027       1,385,341  
Teleflex     1,612       378,417  
Theravance Biopharma *     12,226       136,687  
United Therapeutics *     1,582       331,809  
Zimmer Biomet Holdings .     7,181       914,428  
              27,954,322  
Real Estate — 5.7%                
LTC Properties     4,164       133,706  
National Health Investors     2,878       149,973  
Omega Healthcare Investors     7,913       235,887  
Sabra Health Care REIT     12,375       139,342  
Ventas     13,611       587,179  
Welltower     19,797       1,477,054  
              2,723,141  
TOTAL UNITED STATES             30,677,463  
TOTAL COMMON STOCK                
(Cost $53,307,837)             47,203,333  
    Number of          
    Rights          
RIGHTS — 0.0%                
United States — 0.0%                
Radius Health#(A)     19,104        
TOTAL RIGHTS (Cost $–) .              
TOTAL INVESTMENTS — 99.8%                
(Cost $53,307,837)           $ 47,203,333  

 

Percentages are based on Net Assets of $47,304,022.
 
* Non-income producing security.
Real Estate Investment Trust
# Expiration date not available.
(A) Level 3 security in accordance with fair value hierarchy.

 

The accompanying notes are an integral part of the financial statements.
10




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Aging Population ETF

The following is a summary of the level of inputs used as of May 31, 2023, in valuing the Fund's investments carried at value:

Investments in Securities
 
Level 1
   
Level 2
   
Level 3(1)
   
Total
 
Common Stock
 
$
47,203,333
   
$
   
$
   
$
47,203,333
 
Rights
   
     
   
  —
 ^    
 
Total Investments in Securities
 
$
47,203,333
   
$
   
$
   
$
47,203,333
 

(1) A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the end of the period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.
^  Security is fair valued at zero.
Amounts designated as “—“ are $0 or have been rounded to $0.
See “Glossary” for abbreviations.
The accompanying notes are an integral part of the financial statements.
11




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Health & Wellness ETF

 


       
 
    Shares     Value  
COMMON STOCK — 99.8%            
AUSTRALIA — 0.6%            
Consumer Staples — 0.6%            
Blackmores     1,432     $ 87,158  
CANADA — 2.4%                
Consumer Discretionary — 2.4%                
Gildan Activewear .     13,237       360,504  
CHINA — 8.4%                
Consumer Discretionary — 8.4%                
ANTA Sports Products .     35,244       359,948  
Li Ning     66,014       354,177  
Topsports International Holdings     456,570       354,606  
Xtep International Holdings     195,401       196,443  
TOTAL CHINA             1,265,174  
FRANCE — 3.0%                
Consumer Staples — 3.0%                
Danone     7,644       450,980  
GERMANY — 5.6%                
Consumer Discretionary — 5.6%                
adidas     2,767       446,909  
Puma     8,197       389,051  
TOTAL GERMANY             835,960  

 

The accompanying notes are an integral part of the financial statements.
12




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Health & Wellness ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
IRELAND — 1.9%            
Consumer Staples — 1.9%            
Glanbia .     19,914     $ 287,246  
ITALY — 0.9%                
Consumer Discretionary — 0.9%                
Technogym     14,821       135,174  
JAPAN — 15.2%                
Consumer Discretionary — 11.0%                
ABC-Mart     6,024       326,822  
Asics     13,923       372,203  
Descente     5,665       155,903  
Goldwin .     3,456       290,154  
Shimano .     2,786       436,898  
Yonex     6,844       64,906  
              1,646,886  
Consumer Staples — 3.5%                
Ariake Japan     2,407       85,795  
Yakult Honsha .     6,746       436,970  
              522,765  
Health Care — 0.7%                
Tsumura .     5,660       111,851  
TOTAL JAPAN             2,281,502  
NETHERLANDS — 1.2%                
Consumer Discretionary — 1.2%                
Basic-Fit *     4,851       184,628  
SOUTH KOREA — 1.6%                
Consumer Discretionary — 1.6%                
Fila Holdings     4,499       123,216  
Youngone .     3,280       111,084  
TOTAL SOUTH KOREA             234,300  

 

The accompanying notes are an integral part of the financial statements.
13




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Health & Wellness ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
SWITZERLAND — 3.1%            
Consumer Discretionary — 3.1%            
On Holding, Cl A *     16,631     $ 456,521  
TAIWAN — 7.5%                
Consumer Discretionary — 7.1%                
Feng TAY Enterprise .     65,281       405,782  
Fulgent Sun International Holding     14,365       58,905  
Giant Manufacturing .     29,546       198,079  
Johnson Health Tech     22,400       44,760  
Merida Industry     21,960       139,003  
Pou Chen     217,286       223,809  
              1,070,338  
Consumer Staples — 0.4%                
Grape King Bio     9,600       54,831  
TOTAL TAIWAN             1,125,169  
UNITED KINGDOM — 4.9%                
Consumer Discretionary — 4.9%                
Frasers Group *     34,596       288,357  
JD Sports Fashion     239,309       450,833  
TOTAL UNITED KINGDOM             739,190  
UNITED STATES — 43.5%                
Consumer Discretionary — 23.3%                
Columbia Sportswear .     4,584       338,437  
Dick's Sporting Goods     3,608       460,056  
Foot Locker .     6,902       174,759  
Hibbett .     940       33,859  
Lululemon Athletica *     1,370       454,744  
NIKE, Cl B     3,943       415,040  
Peloton Interactive, Cl A *     24,131       175,674  
Planet Fitness, Cl A *     6,273       401,096  
Shoe Carnival .     2,093       40,960  
Skechers USA, Cl A *     9,944       510,823  
Under Armour, Cl A *     13,912       100,305  
VF .     22,773       392,151  
              3,497,904  

 

The accompanying notes are an integral part of the financial statements.
14




Schedule of Investments   May 31, 2023 (Unaudited)
Global X Health & Wellness ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Consumer Staples — 15.0%            
BellRing Brands *     9,862     $ 361,146  
Calavo Growers .     1,678       54,250  
Cal-Maine Foods     3,258       154,918  
Celsius Holdings *     5,670       711,755  
Hain Celestial Group *     6,712       81,954  
Herbalife *     7,218       85,461  
Medifast .     805       63,353  
Nu Skin Enterprises, Cl A     3,638       121,255  
Simply Good Foods *     7,336       265,490  
Sprouts Farmers Market *     7,613       263,105  
USANA Health Sciences *     1,425       86,455  
              2,249,142  
Health Care — 4.7%                
Dexcom *     4,289       502,928  
Prestige Consumer Healthcare *     3,666       209,805  
              712,733  
Industrials — 0.5%                
Healthcare Services Group .     5,473       73,940  
TOTAL UNITED STATES             6,533,719  
TOTAL COMMON STOCK                
(Cost $21,096,584)             14,977,225  
TOTAL INVESTMENTS — 99.8%                
(Cost $21,096,584)           $ 14,977,225  

 

Percentages are based on Net Assets of $15,012,380.
 
* Non-income producing security.

As of May 31, 2023, all of the Fund's investments were considered Level 1, in accordance with authoritative guidance on fair value measurements and disclosure under U.S. GAAP.

See “Glossary” for abbreviations.


The accompanying notes are an integral part of the financial statements.
15



Schedule of Investments May 31, 2023 (Unaudited)
Global X Robotics & Artificial Intelligence ETF

 


       
 
    Shares     Value  
COMMON STOCK — 99.4%            
CANADA — 1.8%            
Industrials — 1.8%            
ATS *     891,560     $ 38,993,042  
CHINA — 1.0%                
Health Care — 1.0%                
Shanghai MicroPort MedBot Group * (A)     9,300,300       21,646,149  
FINLAND — 1.3%                
Industrials — 1.3%                
Cargotec, Cl B     536,894       28,527,502  
ISRAEL — 0.6%                
Consumer Discretionary — 0.6%                
Maytronics     1,072,708       12,789,378  
JAPAN — 32.1%                
Health Care — 0.1%                
CYBERDYNE * (A)     1,295,619       2,744,896  

 

The accompanying notes are an integral part of the financial statements.
16



Schedule of Investments May 31, 2023 (Unaudited)
Global X Robotics & Artificial Intelligence ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Industrials — 19.3%            
Daifuku .     3,694,675     $ 74,811,120  
FANUC     4,449,045       152,786,157  
Hirata     101,182       5,069,420  
Shibaura Machine .     256,385       7,973,323  
SMC .     168,747       90,681,206  
Yaskawa Electric     2,144,627       90,565,074  
              421,886,300  
Information Technology — 12.7%                
ExaWizards * (A)     774,777       2,695,069  
Keyence     357,464       173,467,840  
Omron     1,601,695       96,584,335  
PKSHA Technology *     286,017       5,551,860  
              278,299,104  
TOTAL JAPAN             702,930,300  
NORWAY — 3.2%                
Industrials — 3.2%                
AutoStore Holdings * (A)     33,314,318       69,929,588  
SOUTH KOREA — 0.8%                
Industrials — 0.8%                
Hyulim ROBOT *     1,547,392       2,372,532  
Rainbow Robotics *     185,424       14,515,392  
TOTAL SOUTH KOREA             16,887,924  
SWITZERLAND — 9.8%                
Health Care — 2.1%                
Tecan Group .     123,308       47,048,986  
Industrials — 7.7%                
ABB     4,604,790       167,538,495  
TOTAL SWITZERLAND             214,587,481  
UNITED KINGDOM — 1.6%                
Information Technology — 1.6%                
Renishaw     707,553       35,481,130  

 

The accompanying notes are an integral part of the financial statements.
17



Schedule of Investments May 31, 2023 (Unaudited)
Global X Robotics & Artificial Intelligence ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
UNITED STATES — 47.2%            
Consumer Discretionary — 0.4%            
iRobot *     266,578     $ 9,450,190  
Energy — 0.4%                
Helix Energy Solutions Group *     1,477,388       9,277,997  
Financials — 1.0%                
Upstart Holdings * (A)     792,419       21,585,494  
Health Care — 11.6%                
Intuitive Surgical *     672,553       207,038,715  
Omnicell *     434,356       31,890,418  
PROCEPT BioRobotics *     434,936       14,548,609  
              253,477,742  
Industrials — 3.8%                
AeroVironment *     245,425       22,925,149  
Berkshire Grey * (A)     2,264,374       3,147,480  
John Bean Technologies     310,487       33,101,019  
Symbotic, Cl A * (A)     585,839       19,320,970  
TuSimple Holdings, Cl A * (A)     1,903,544       3,845,159  
              82,339,777  
Information Technology — 30.0%                
Appian, Cl A *     399,762       17,121,806  
C3.ai, Cl A * (A)     1,039,558       41,592,716  
Cerence *     391,747       11,172,624  
Cognex     1,680,049       92,335,493  
Dynatrace *     2,053,324       104,698,991  
FARO Technologies *     172,320       2,600,309  
NVIDIA .     659,752       249,610,572  
Pegasystems     802,583       38,812,914  
PROS Holdings *     446,882       13,549,462  
SoundHound AI, Cl A * (A)     1,468,783       4,479,788  
UiPath, Cl A *     4,579,660       81,930,117  
              657,904,792  
TOTAL UNITED STATES             1,034,035,992  
TOTAL COMMON STOCK                
(Cost $2,067,347,029)
            2,175,808,486  


The accompanying notes are an integral part of the financial statements.
18



Schedule of Investments May 31, 2023 (Unaudited)
Global X Robotics & Artificial Intelligence ETF

 


       
 
    Shares     Value  
SHORT-TERM INVESTMENT(B)(C) — 1.1%            
Fidelity Investments Money Market            
Government Portfolio, Cl Institutional,            
5.020%            
(Cost $23,167,621)      23,167,621     $ 23,167,621  
    Face Amount          
REPURCHASE AGREEMENT(B) — 2.6%                
BNP Paribas                
4.990%, dated 05/31/2023, to be                
repurchased on 06/01/2023, repurchase price                
$57,975,343 (collateralized by various U.S.                
Treasury Obligations, ranging in par value                
$997,497 - $6,913,050, 4.125% - 5.410%,                
7/31/2024 - 9/30/2027, with a total market                
value of $59,130,011)                
(Cost $57,967,308)    $ 57,967,308       57,967,308  
TOTAL INVESTMENTS — 103.1%                
(Cost $2,148,481,958)
          $ 2,256,943,415  

 

Percentages are based on Net Assets of $2,188,702,013.
 
* Non-income producing security.
(A) This security or a partial position of this security is on loan at May 31, 2023. 
(B) Security was purchased with cash collateral held from securities on loan.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of
  May 31, 2023.

The open futures contracts held by the Fund at May 31, 2023, are as follows:

Type of Contract   Number of
Contracts
 
Expiration
Date   
 
 Notional
Amount
     Value  
Unrealized
Appreciation
 
Long Contracts                        
Technology E-Mini     60   Jun-2023   $ 8,966,281     $ 9,942,600 $     976,319  

 

The accompanying notes are an integral part of the financial statements.
19



Schedule of Investments May 31, 2023 (Unaudited)
Global X Robotics & Artificial Intelligence ETF

The following is a summary of the level of inputs used as of May 31, 2023, in valuing the Fund's investments and other financial instruments carried at value:

Investments in Securities
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Common Stock
 
$
2,175,808,486
   
$
   
$
   
$
2,175,808,486
 
Short-Term Investment
   
23,167,621
     
     
     
23,167,621
 
Repurchase Agreement
   
     
57,967,308
     
     
57,967,308
 
Total Investments in Securities
 
$
2,198,976,107
   
$
57,967,308
   
$
   
$
2,256,943,415
 

Other Financial Instruments
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Futures Contracts*
 
Unrealized Appreciation
 
$
976,319
   
$
   
$
   
$
976,319
 
Total Other Financial Instruments
 
$
976,319
   
$
   
$
   
$
976,319
 

*    Futures contracts are valued at the unrealized appreciation on the instrument.

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

See “Glossary” for abbreviations.

The accompanying notes are an integral part of the financial statements.
20




Schedule of Investments   May 31, 2023 (Unaudited)
Global X FinTech ETF

 


       
 
    Shares     Value  
COMMON STOCK — 99.7%            
AUSTRALIA — 0.9%            
Financials — 0.5%            
HUB24     100,301     $ 1,622,741  
Zip * (A)     940,197       328,562  
              1,951,303  
Information Technology — 0.4%                
IRESS .     230,754       1,527,668  
TOTAL AUSTRALIA             3,478,971  
BRAZIL — 1.8%                
Financials — 1.8%                
Pagseguro Digital, Cl A *     250,547       2,492,943  
StoneCo, Cl A *     352,469       4,416,436  
TOTAL BRAZIL             6,909,379  
CANADA — 0.8%                
Financials — 0.7%                
Nuvei *     81,910       2,566,429  
Information Technology — 0.1%                
Hut 8 Mining * (A)     239,236       515,678  
TOTAL CANADA             3,082,107  
CHINA — 1.6%                
Financials — 1.4%                
Lufax Holding ADR     2,874,859       3,679,819  

 

The accompanying notes are an integral part of the financial statements.
21




Schedule of Investments   May 31, 2023 (Unaudited)
Global X FinTech ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
Financials — continued            
Yeahka * (A)     560,514     $ 1,432,029  
              5,111,848  
Information Technology — 0.2%                
Linklogis, Cl B *     2,520,900       940,316  
TOTAL CHINA             6,052,164  
DENMARK — 1.4%                
Information Technology — 1.4%                
SimCorp     50,901       5,261,198  
GERMANY — 0.4%                
Financials — 0.4%                
Hypoport * (A)     8,550       1,351,775  
ISRAEL — 0.5%                
Information Technology — 0.5%                
Sapiens International     68,972       1,713,265  
ITALY — 3.4%                
Financials — 3.4%                
Nexi *     1,655,050       12,929,858  
JAPAN — 0.2%                
Financials — 0.2%                
WealthNavi * (A)     64,155       571,226  
NETHERLANDS — 6.9%                
Financials — 6.9%                
Adyen *     15,881       25,849,798  
NEW ZEALAND — 3.6%                
Information Technology — 3.6%                
Xero *     189,510       13,484,394  

 

The accompanying notes are an integral part of the financial statements.
22




Schedule of Investments   May 31, 2023 (Unaudited)
Global X FinTech ETF

 


       
 
    Shares     Value  
COMMON STOCK — continued            
SOUTH KOREA — 2.0%            
Financials — 2.0%            
Kakaopay * (A)     168,636     $ 7,636,107  
SWITZE