Global
X MSCI China Energy ETF (ticker: CHIE) |
Global
X MSCI China Materials ETF (ticker: CHIM) |
Global
X MSCI China Industrials ETF (ticker: CHII) |
Global
X MSCI China Consumer Discretionary ETF (ticker: CHIQ) |
Global
X MSCI China Consumer Staples ETF (ticker: CHIS) |
Global
X MSCI China Health Care ETF (ticker: CHIH) |
Global
X MSCI China Financials ETF (ticker: CHIX) |
Global
X MSCI China Information Technology ETF (ticker: CHIK) |
Global
X MSCI China Communication Services ETF (ticker: CHIC) |
Global
X MSCI China Utilities ETF (ticker: CHIU) |
Global
X MSCI China Real Estate ETF (ticker: CHIR) |
Global
X MSCI Greece ETF (ticker: GREK) |
Global
X DAX Germany ETF (ticker: DAX) |
Global
X MSCI Portugal ETF (ticker: PGAL) |
Global
X MSCI Colombia ETF (ticker: GXG) |
Global
X MSCI Argentina ETF (ticker: ARGT) |
Global
X MSCI Pakistan ETF (ticker: PAK) |
Global
X MSCI Nigeria ETF (ticker: NGE) |
Global
X MSCI Next Emerging & Frontier ETF (ticker: EMFM) |
Global
X MSCI Norway ETF (ticker: NORW)(formerly known as Global X FTSE Nordic
Region ETF) |
Global
X FTSE Southeast Asia ETF (ticker: ASEA) |
Table
of Contents |
Management Discussion of Fund
Performance |
1 |
Schedules of Investments |
|
Global X MSCI China Energy
ETF |
64 |
Global X MSCI China
Materials ETF |
66 |
Global X MSCI China
Industrials ETF |
70 |
Global X MSCI China
Consumer Discretionary ETF |
74 |
Global X MSCI China
Consumer Staples ETF |
79 |
Global X MSCI China Health
Care ETF |
82 |
Global X MSCI China
Financials ETF |
86 |
Global X MSCI China
Information Technology ETF |
91 |
Global X MSCI China
Communication Services ETF |
97 |
Global X MSCI China
Utilities ETF |
100 |
Global X MSCI China Real
Estate ETF |
102 |
Global X MSCI Greece
ETF |
105 |
Global X DAX Germany
ETF |
108 |
Global X MSCI Portugal
ETF |
112 |
Global X MSCI Colombia
ETF |
116 |
Global X MSCI Argentina
ETF |
119 |
Global X MSCI Pakistan
ETF |
123 |
Global X MSCI Nigeria
ETF |
126 |
Global X MSCI Next Emerging
& Frontier ETF |
129 |
Global X MSCI Norway
ETF |
145 |
Global X FTSE Southeast
Asia ETF |
150 |
Statements of Assets and Liabilities |
154 |
Statements of Operations |
160 |
Statements of Changes in Net Assets |
166 |
Financial Highlights |
177 |
Notes to Financial Statements |
191 |
Report of Independent Registered Public
Accounting Firm |
221 |
Disclosure of Fund Expenses |
223 |
Liquidity Risk Management Program |
227 |
Supplemental Information |
228 |
Trustees and Officers of the Trust |
229 |
Notice to Shareholders |
232 |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Energy ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Energy ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Energy ETF |
57.88% |
55.99% |
4.59% |
4.64% |
6.28% |
6.54% |
1.51% |
1.84% |
Hybrid Solactive China Energy Total Return
Index/ MSCI China Energy IMI Plus 10/50 Index** |
60.43% |
60.43% |
5.86% |
5.86% |
7.39% |
7.39% |
2.42% |
2.42% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Energy ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Materials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Materials ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year
Return |
Three Year
Return |
Five Year
Return |
Ten Year
Return | |||||
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market
Price | |
Global X MSCI China Materials ETF |
41.80% |
40.62% |
21.29% |
21.50% |
16.79% |
16.57% |
5.36% |
5.50% |
Hybrid Solactive China Materials Total
Return Index/ MSCI China Materials 10/50 Index** |
42.95% |
42.95% |
22.35% |
22.35% |
15.57% |
15.57% |
5.48% |
5.48% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Materials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Industrials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Industrials ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year
Return |
Three Year
Return |
Five Year
Return |
Ten Year
Return | |||||
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market
Price | |
Global X MSCI China Industrials
ETF |
26.08% |
27.69% |
9.39% |
10.99% |
8.03% |
8.33% |
5.64% |
5.89% |
Hybrid Solactive China Industrials Total
Return Index/ MSCI China Industrials 10/50 Index** |
27.24% |
27.24% |
10.64% |
10.64% |
7.32% |
7.32% |
6.19% |
6.19% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Industrials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Discretionary ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Discretionary ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Consumer Discretionary
ETF |
1.73% |
0.40% |
31.87% |
31.39% |
21.57% |
21.39% |
8.59% |
8.79% |
Hybrid Solactive China Consumer Total Return
Index/MSCI China Consumer Discretionary 10/50 Index** |
1.86% |
1.86% |
32.51% |
32.51% |
22.24% |
22.24% |
9.22% |
9.22% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Discretionary ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Staples ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Staples ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||
One Year Return |
Annualized Inception to
Date* | |||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Consumer Staples
ETF |
1.97% |
0.96% |
28.23% |
27.98% |
MSCI China Consumer Staples 10/50
Index |
2.79% |
2.79% |
29.00% |
29.00% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
11.70% |
11.70% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Consumer Staples ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Health Care ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Health Care ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||
One Year Return |
Annualized Inception to
Date* | |||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Health Care ETF |
4.84% |
3.76% |
19.32% |
19.14% |
MSCI China Healh Care 10/50 Index |
5.52% |
5.52% |
20.17% |
20.17% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
11.71% |
11.71% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Health Care ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Financials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Financials ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Financials ETF |
4.65% |
3.56% |
1.88% |
1.89% |
4.16% |
4.16% |
5.47% |
5.65% |
Hybrid Solactive China Financials Total Return
Index/MSCI China Financials 10/50 Index** |
4.78% |
4.78% |
2.51% |
2.51% |
4.87% |
4.87% |
6.17% |
6.17% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Financials ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Information Technology ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Information Technology ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||
One Year Return |
Annualized Inception to
Date* | |||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Information Technology
ETF |
5.58% |
3.78% |
26.81% |
26.30% |
MSCI China Information Technology 10/50
Index |
7.45% |
7.45% |
28.05% |
28.05% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
11.70% |
11.70% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Information Technology ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Communication Services ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Communication Services ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDEDOCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Communication Services
ETF |
-20.27% |
-20.93% |
-2.02% |
-2.43% |
-0.63% |
-0.65% |
4.19% |
4.24% |
Hybrid Solactive China Technology Index/NASDAX
OMX China Technology Index/MSCI China Communication Services 10/50 Index
** |
-20.32% |
-20.32% |
-1.51% |
-1.51% |
0.09% |
0.09% |
4.97% |
4.97% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Communication Services ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Utilities ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Utilities ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||
One Year Return |
Annualized Inception to
Date* | |||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Utilities ETF |
48.14% |
46.47% |
12.37% |
12.12% |
MSCI China Utilities 10/50 Index |
49.65% |
49.65% |
13.33% |
13.33% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
11.71% |
11.71% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Utilities ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Real Estate ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Real Estate ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||
One Year Return |
Annualized Inception to
Date* | |||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI China Real Estate ETF |
-22.77% |
-21.36% |
-4.42% |
-4.04% |
MSCI China Real Estate 10/50 Index |
-22.24% |
-22.24% |
-3.78% |
-3.78% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
11.70% |
11.70% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI China Real Estate ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Greece ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Greece ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDEDOCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Greece ETF |
61.52% |
59.99% |
9.35% |
9.35% |
7.32% |
7.54% |
-3.40% |
-3.38% |
Hybrid MSCI All Greece Select 25/50 Index/
FTSE/ATHEX Custom Capped Index** |
62.26% |
62.26% |
9.97% |
9.97% |
8.02% |
8.02% |
-2.57% |
-2.57% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
5.31% |
5.31% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Greece ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X DAX Germany ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X DAX Germany ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X DAX Germany ETF* |
34.06% |
32.89% |
11.28% |
11.43% |
8.57% |
8.58% |
6.14% |
6.16% |
DAX®
Index |
34.87% |
34.87% |
11.86% |
11.86% |
9.20% |
9.20% |
6.95% |
6.95% |
MSCI EAFE Index |
34.18% |
34.18% |
11.54% |
11.54% |
9.79% |
9.79% |
6.73% |
6.73% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X DAX Germany ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Portugal ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Portugal ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Portugal ETF |
42.30% |
42.64% |
6.06% |
6.32% |
7.85% |
7.80% |
0.29% |
0.26% |
Hybrid FTSE Portugal 20 Index/MSCI All
Portugal Plus 25/50 Index** |
42.24% |
42.24% |
6.04% |
6.04% |
7.85% |
7.85% |
0.37% |
0.37% |
MSCI EAFE Index |
34.18% |
34.18% |
11.54% |
11.54% |
9.79% |
9.79% |
5.66% |
5.66% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Portugal ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Colombia ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Colombia ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Colombia ETF |
35.98% |
37.52% |
-0.44% |
-0.16% |
-0.81% |
-0.71% |
-6.33% |
-6.37% |
Hybrid MSCI All Colombia Select 25/50
Index/MSCI All Colombia Capped Index/FTSE Colombia 20 Index** |
36.68% |
36.68% |
-0.19% |
-0.19% |
-0.39% |
-0.39% |
-5.76% |
-5.76% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Colombia ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Argentina ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Argentina ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Argentina ETF |
40.09% |
40.07% |
10.18% |
10.11% |
7.63% |
7.45% |
5.10% |
5.12% |
Hybrid FTSE Argentina 20 Index/MSCI All
Argentina 25/50 Index** |
40.77% |
40.77% |
10.67% |
10.67% |
7.54% |
7.54% |
5.72% |
5.72% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Argentina ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Pakistan ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Pakistan ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Pakistan ETF* |
0.02% |
0.61% |
-9.50% |
-9.17% |
-10.92% |
-11.19% |
-8.09% |
-8.30% |
MSCI All Pakistan Select 25/50 Index |
1.24% |
1.24% |
-8.33% |
-8.33% |
-9.63% |
-9.63% |
-6.45% |
-6.45% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
5.39% |
5.39% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Pakistan ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Nigeria ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Nigeria ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Nigeria ETF |
16.11% |
8.12% |
0.90% |
-9.21% |
2.30% |
-4.88% |
-11.71% |
-14.62% |
Hybrid MSCI All Nigeria Select
25/50Index/Solactive Nigeria Index** |
19.28% |
19.28% |
3.64% |
3.64% |
5.12% |
5.12% |
-9.55% |
-9.55% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.91% |
4.91% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Nigeria ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Next Emerging & Frontier ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Next Emerging & Frontier ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Annualized Inception to
Date* | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Next Emerging & Frontier
ETF |
30.74% |
31.22% |
4.69% |
5.03% |
3.74% |
3.50% |
0.12% |
0.17% |
Hybrid Solactive Next Emerging & Frontier
Index/ MSCI Select Emerging and Frontier Markets Access Index** |
31.76% |
31.76% |
5.55% |
5.55% |
4.49% |
4.49% |
0.85% |
0.85% |
MSCI Emerging Markets Index |
16.96% |
16.96 |
12.30% |
12.30% |
9.39% |
9.39% |
5.19% |
5.19% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Next Emerging & Frontier ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Norway ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Norway ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year Return |
Three Year Return |
Five Year Return |
Ten Year
Return | |||||
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price |
Net Asset Value |
Market Price | |
Global X MSCI Norway ETF† |
64.44% |
65.62% |
7.48% |
8.18% |
10.66% |
10.91% |
4.69% |
4.84% |
Hybrid MSCI Norway IMI 25/50 Index/FTSE Norway
30 Index** |
65.23% |
65.23% |
7.83% |
7.83% |
10.98% |
10.98% |
5.15% |
5.15% |
MSCI EAFE Index |
34.18% |
34.18% |
11.54% |
11.54% |
9.79% |
9.79% |
7.37% |
7.37% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X MSCI Norway ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X FTSE Southeast Asia ETF |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X FTSE Southeast Asia ETF |
AVERAGE ANNUAL TOTAL
RETURN FOR THE YEAR ENDED OCTOBER 31, 2021 | ||||||||
One Year
Return |
Three Year
Return |
Five Year
Return |
Ten Year
Return | |||||
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market Price |
Net Asset
Value |
Market
Price | |
Global X FTSE Southeast Asia ETF |
31.94% |
31.90% |
2.62% |
2.80% |
4.74% |
4.89% |
2.59% |
2.67% |
FTSE/ASEAN 40 Index |
32.95% |
32.95% |
3.35% |
3.35% |
5.47% |
5.47% |
3.23% |
3.23% |
MSCI Emerging Markets Index |
16.96% |
16.96% |
12.30% |
12.30% |
9.39% |
9.39% |
4.88% |
4.88% |
Management Discussion of Fund Performance
(unaudited) |
||
Global
X FTSE Southeast Asia ETF |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Energy ETF |
Shares |
Value |
|||||||
COMMON STOCK —
97.0% |
||||||||
AUSTRALIA — 4.6% |
||||||||
Energy — 4.6% |
||||||||
Woodside Petroleum |
12,210 |
$ |
213,316 |
|||||
CHINA — 87.7% |
||||||||
Energy — 87.7% |
||||||||
China
Merchants Energy Shipping, Cl A |
289,620 |
207,172 |
||||||
China Oilfield Services, Cl H |
385,386 |
371,066 |
||||||
China
Petroleum & Chemical, Cl A |
29,750 |
19,748 |
||||||
China
Petroleum & Chemical, Cl H |
749,397 |
368,001 |
||||||
China Shenhua Energy, Cl A |
6,600 |
20,503 |
||||||
China Shenhua Energy, Cl H |
174,930 |
376,887 |
||||||
COSCO
SHIPPING Energy Transportation, Cl A |
207,100 |
191,810 |
||||||
Guanghui Energy, Cl A * |
244,650 |
252,571 |
||||||
Inner
Mongolia Yitai Coal, Cl B |
244,594 |
212,063 |
||||||
Offshore
Oil Engineering, Cl A |
252,175 |
183,144 |
||||||
PetroChina, Cl A |
24,100 |
20,627 |
||||||
PetroChina, Cl H |
860,763 |
416,049 |
||||||
Shaanxi Coal Industry, Cl A |
108,236 |
211,478 |
||||||
Shanxi
Coking Coal Energy Group, Cl A |
138,153 |
199,374 |
||||||
Shanxi
Lu’an Environmental Energy Development, Cl A |
92,265 |
186,470 |
||||||
Sinopec Kantons Holdings |
511,300 |
195,212 |
||||||
Yantai
Jereh Oilfield Services Group, Cl A |
31,500 |
208,058 |
||||||
Yanzhou Coal Mining, Cl A |
38,364 |
135,296 |
||||||
Yanzhou Coal Mining, Cl H |
204,725 |
303,704 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Energy ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
TOTAL CHINA |
$ |
4,079,233 |
||||||
JAPAN — 4.7% |
||||||||
Energy — 4.7% |
||||||||
Inpex |
26,514 |
221,366 |
||||||
TOTAL COMMON STOCK |
||||||||
(Cost $3,961,269) |
4,513,915 |
|||||||
TOTAL INVESTMENTS — 97.0% |
||||||||
(Cost $3,961,269) |
$ |
4,513,915 |
* |
Non-income producing
security. |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Materials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
99.9% |
||||||||
CHINA — 95.6% |
||||||||
Materials — 95.6% |
||||||||
Aluminum
Corp of China, Cl A * |
74,000 |
$ |
70,964 |
|||||
Aluminum
Corp of China, Cl H * |
330,339 |
197,463 |
||||||
Anhui Conch Cement, Cl A |
14,500 |
86,239 |
||||||
Anhui Conch Cement, Cl H |
91,020 |
452,815 |
||||||
Anhui
Honglu Steel Construction Group, Cl A |
2,000 |
13,151 |
||||||
Baoshan Iron & Steel, Cl A |
107,300 |
119,489 |
||||||
BBMG, Cl A |
61,200 |
26,859 |
||||||
Chifeng
Jilong Gold Mining, Cl A * |
5,100 |
13,007 |
||||||
China Hongqiao Group |
168,000 |
186,809 |
||||||
China Jushi, Cl A |
22,959 |
68,633 |
||||||
China Molybdenum, Cl A |
93,600 |
87,567 |
||||||
China Molybdenum, Cl H |
278,154 |
172,705 |
||||||
China
National Building Material, Cl H |
313,000 |
393,511 |
||||||
China
Northern Rare Earth Group High-Tech, Cl A |
18,900 |
149,365 |
||||||
China
Resources Cement Holdings |
202,900 |
171,104 |
||||||
Ganfeng Lithium, Cl A |
5,800 |
151,642 |
||||||
Ganfeng Lithium, Cl H |
18,800 |
352,603 |
||||||
GEM, Cl A |
28,700 |
48,859 |
||||||
Guangdong
Hongda Blasting, Cl A |
5,552 |
23,872 |
||||||
Guangzhou
Tinci Materials Technology, Cl A |
3,280 |
84,491 |
||||||
Hangzhou
Oxygen Plant Group, Cl A |
2,500 |
10,113 |
||||||
Hengli Petrochemical, Cl A |
30,220 |
104,026 |
||||||
Hengyi Petrochemical, Cl A |
24,100 |
41,216 |
||||||
Hesteel, Cl A |
76,200 |
29,277 |
||||||
Huafon Chemical, Cl A |
8,400 |
15,599 |
||||||
Huaxin Cement, Cl A |
9,300 |
24,315 |
||||||
Hunan Valin Steel, Cl A |
38,700 |
32,277 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Materials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Materials — continued |
||||||||
Inner
Mongolia BaoTou Steel Union, Cl A * |
242,500 |
$ |
106,428 |
|||||
Inner
Mongolia Junzheng Energy & Chemical Industry Group, Cl A |
54,300 |
43,506 |
||||||
Jiangsu
Eastern Shenghong, Cl A |
9,100 |
38,730 |
||||||
Jiangsu Shagang, Cl A |
15,600 |
15,131 |
||||||
Jiangsu
Yangnong Chemical, Cl A |
2,100 |
38,627 |
||||||
Jiangsu
Yoke Technology, Cl A |
1,600 |
18,980 |
||||||
Jiangxi Copper, Cl A |
12,900 |
46,924 |
||||||
Jiangxi Copper, Cl H |
93,891 |
164,390 |
||||||
Kingfa Sci & Tech, Cl A |
10,100 |
18,504 |
||||||
LB Group, Cl A |
13,000 |
57,643 |
||||||
Lee
& Man Paper Manufacturing |
115,400 |
86,635 |
||||||
Luxi Chemical Group, Cl A |
5,600 |
14,344 |
||||||
MMG * |
187,600 |
86,818 |
||||||
Ningxia
Baofeng Energy Group, Cl A |
17,800 |
40,589 |
||||||
Pangang
Group Vanadium Titanium & Resources, Cl A * |
64,200 |
40,108 |
||||||
Real Gold Mining *(A)(B)(C) |
97,864 |
— |
||||||
Rongsheng
Petro Chemical, Cl A |
51,100 |
137,593 |
||||||
Satellite Chemical, Cl A |
3,880 |
23,603 |
||||||
Shandong Gold Mining, Cl A |
20,820 |
64,775 |
||||||
Shandong Gold Mining, Cl H |
49,100 |
89,249 |
||||||
Shandong
Hualu Hengsheng Chemical, Cl A |
12,170 |
59,076 |
||||||
Shandong
Nanshan Aluminum, Cl A |
69,400 |
46,825 |
||||||
Shandong
Sun Paper Industry JSC, Cl A |
18,400 |
32,991 |
||||||
Shanghai
Putailai New Energy Technology, Cl A |
3,765 |
104,546 |
||||||
Shanxi Meijin Energy, Cl A * |
6,200 |
10,884 |
||||||
Shanxi
Taigang Stainless Steel, Cl A |
35,500 |
42,693 |
||||||
Shenghe
Resources Holding, Cl A |
5,500 |
17,369 |
||||||
Shenzhen
Capchem Technology, Cl A |
1,200 |
26,869 |
||||||
Sinoma
Science & Technology, Cl A |
4,900 |
28,837 |
||||||
Sinopec
Shanghai Petrochemical, Cl A |
46,800 |
28,434 |
||||||
Skshu Paint, Cl A |
1,218 |
21,203 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Materials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Materials — continued |
||||||||
Tangshan Jidong Cement, Cl A |
10,000 |
$ |
18,180 |
|||||
Tongkun Group, Cl A |
14,400 |
44,846 |
||||||
Tongling
Nonferrous Metals Group, Cl A |
69,800 |
40,227 |
||||||
Transfar Zhilian, Cl A |
25,100 |
32,107 |
||||||
Wanhua
Chemical Group, Cl A |
15,447 |
254,454 |
||||||
Weihai
Guangwei Composites, Cl A |
3,300 |
34,991 |
||||||
Xiamen Tungsten, Cl A |
9,600 |
34,036 |
||||||
Yintai Gold, Cl A |
19,220 |
26,476 |
||||||
Yunnan Aluminium, Cl A * |
6,700 |
12,442 |
||||||
Yunnan
Energy New Material, Cl A |
4,500 |
205,043 |
||||||
Zhaojin Mining Industry |
95,784 |
68,584 |
||||||
Zhejiang Huayou Cobalt, Cl A |
6,230 |
108,055 |
||||||
Zhejiang Juhua, Cl A |
18,900 |
45,872 |
||||||
Zhejiang
Longsheng Group, Cl A |
21,200 |
41,223 |
||||||
Zhongjin Gold, Cl A |
32,000 |
41,582 |
||||||
Zijin Mining Group, Cl A |
34,700 |
56,689 |
||||||
Zijin Mining Group, Cl H |
375,159 |
522,779 |
||||||
TOTAL CHINA |
6,267,861 |
|||||||
HONG KONG — 4.3% |
||||||||
Materials — 4.3% |
||||||||
China
Lumena New Materials *(A)(B)(C) |
48 |
— |
||||||
Huabao International Holdings |
59,500 |
111,825 |
||||||
Nine Dragons Paper Holdings |
137,870 |
173,333 |
||||||
TOTAL HONG KONG |
285,158 |
|||||||
TOTAL COMMON STOCK |
||||||||
(Cost $5,881,194) |
6,553,019 |
|||||||
TOTAL INVESTMENTS — 99.9% |
||||||||
(Cost $5,881,194) |
$ |
6,553,019 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Materials ETF |
* |
Non-income producing
security. |
(A) |
Level 3 security in
accordance with fair value hierarchy. |
(B) |
Security considered
illiquid (Unaudited). The total value of such securities as of October 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 October 31, 2021, was $0
and represents 0.0% of Net Assets. |
Investments
in Securities |
Level
1 |
Level
2 |
Level
3(1) |
Total |
||||||||||||
Common
Stock |
$ |
6,553,019 |
$ |
— |
$ |
— |
$ |
6,553,019 |
||||||||
Total
Investments in Securities |
$ |
6,553,019 |
$ |
— |
$ |
— |
$ |
6,553,019 |
(1) |
A reconciliation of Level
3 investments and disclosures of significant unobservable inputs are
presented when the Fund has a significant amount of Level 3 investments at
the beginning and/or end of the period in relation to Net Assets.
Management has concluded that Level 3 investments are not material in
relation to Net Assets. |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Industrials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
99.9% |
||||||||
CHINA — 98.6% |
||||||||
Industrials — 98.6% |
||||||||
51job ADR * |
682 |
$ |
40,620 |
|||||
AECC
Aero-Engine Control, Cl A |
1,800 |
7,501 |
||||||
AECC Aviation Power, Cl A |
3,600 |
33,263 |
||||||
Air China, Cl A * |
9,000 |
11,962 |
||||||
Air China, Cl H * |
40,600 |
28,653 |
||||||
AVIC
Electromechanical Systems, Cl A |
5,100 |
12,107 |
||||||
AviChina
Industry & Technology, Cl H |
55,990 |
35,700 |
||||||
AVICOPTER, Cl A |
800 |
7,849 |
||||||
Beijing
Capital International Airport, Cl H * |
42,431 |
27,545 |
||||||
Beijing
New Building Materials, Cl A |
2,200 |
9,703 |
||||||
Beijing
Originwater Technology, Cl A |
4,100 |
4,470 |
||||||
Beijing
United Information Technology, Cl A |
500 |
8,762 |
||||||
Beijing-Shanghai
High Speed Railway, Cl A |
55,300 |
39,730 |
||||||
China Baoan Group, Cl A |
3,400 |
11,104 |
||||||
China
Communications Services, Cl H |
54,500 |
30,126 |
||||||
China
Conch Venture Holdings |
36,660 |
179,081 |
||||||
China CSSC Holdings, Cl A |
6,200 |
21,836 |
||||||
China Eastern Airlines, Cl A * |
14,800 |
11,165 |
||||||
China
Everbright Environment Group |
82,650 |
56,842 |
||||||
China Lesso Group Holdings |
24,600 |
38,201 |
||||||
China
Merchants Port Holdings |
33,131 |
55,367 |
||||||
China
National Chemical Engineering, Cl A |
8,600 |
14,117 |
||||||
China Railway Group, Cl A |
27,900 |
22,877 |
||||||
China Railway Group, Cl H |
89,898 |
44,030 |
||||||
China
Southern Airlines, Cl A * |
16,900 |
17,315 |
||||||
China
Southern Airlines, Cl H * |
38,500 |
23,459 |
||||||
China
State Construction Engineering, Cl A |
56,300 |
40,976 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Industrials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Industrials — continued |
||||||||
China
State Construction International Holdings |
45,210 |
$ |
46,436 |
|||||
CITIC |
131,300 |
131,654 |
||||||
Contemporary
Amperex Technology, Cl A |
3,132 |
312,686 |
||||||
COSCO
SHIPPING Holdings, Cl A * |
16,950 |
43,760 |
||||||
COSCO
SHIPPING Holdings, Cl H * |
75,801 |
117,711 |
||||||
COSCO SHIPPING Ports |
41,330 |
34,428 |
||||||
CRRC, Cl A |
33,100 |
30,708 |
||||||
DiDi Global ADR * |
6,861 |
55,368 |
||||||
Dongfang Electric, Cl A |
3,700 |
10,489 |
||||||
Eve Energy, Cl A |
2,600 |
46,070 |
||||||
Fangda
Carbon New Material, Cl A |
5,263 |
8,828 |
||||||
Fosun International |
56,500 |
66,457 |
||||||
Gotion High-Tech, Cl A * |
1,700 |
15,639 |
||||||
Guangdong
Kinlong Hardware Products, Cl A |
451 |
9,409 |
||||||
Haitian International Holdings |
14,426 |
42,282 |
||||||
Hefei
Meiya Optoelectronic Technology, Cl A |
900 |
5,683 |
||||||
Hongfa Technology, Cl A |
1,000 |
11,611 |
||||||
Jiangsu Expressway, Cl H |
27,319 |
25,847 |
||||||
Jiangsu
Hengli Hydraulic, Cl A |
1,768 |
22,671 |
||||||
Jiangsu
Zhongtian Technology, Cl A |
4,000 |
6,316 |
||||||
Metallurgical
Corp of China, Cl A |
23,500 |
14,902 |
||||||
Ming
Yang Smart Energy Group, Cl A |
2,600 |
12,584 |
||||||
NARI Technology, Cl A |
7,440 |
45,237 |
||||||
Power
Construction Corp of China, Cl A |
21,000 |
26,928 |
||||||
Riyue Heavy Industry, Cl A |
1,300 |
7,900 |
||||||
Sany
Heavy Equipment International Holdings |
25,000 |
28,667 |
||||||
Sany Heavy Industry, Cl A |
11,500 |
41,239 |
||||||
SF Holding, Cl A |
6,200 |
62,584 |
||||||
Shanghai
Construction Group, Cl A |
13,000 |
6,639 |
||||||
Shanghai Electric Group, Cl A |
17,100 |
12,686 |
||||||
Shanghai
International Airport, Cl A * |
1,300 |
10,720 |
||||||
Shanghai
International Port Group, Cl A |
12,600 |
11,138 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Industrials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Industrials — continued |
||||||||
Shanghai
M&G Stationery, Cl A |
1,233 |
$ |
12,228 |
|||||
Shenzhen
Inovance Technology, Cl A |
3,450 |
35,148 |
||||||
Shenzhen
International Holdings |
27,706 |
33,444 |
||||||
Sichuan Road & Bridge, Cl A |
6,700 |
12,578 |
||||||
Sinotrans, Cl A |
5,800 |
4,094 |
||||||
Sinotruk Hong Kong |
15,700 |
21,676 |
||||||
Spring Airlines, Cl A * |
1,200 |
10,964 |
||||||
Sungrow Power Supply, Cl A |
2,000 |
51,260 |
||||||
Sunwoda Electronic, Cl A |
2,200 |
16,936 |
||||||
Suzhou
Gold Mantis Construction Decoration, Cl A |
3,800 |
3,543 |
||||||
Suzhou
Maxwell Technologies, Cl A |
125 |
14,935 |
||||||
TBEA, Cl A |
5,000 |
21,093 |
||||||
Topsec
Technologies Group, Cl A |
1,600 |
4,613 |
||||||
Weichai Power, Cl A |
9,300 |
21,933 |
||||||
Weichai Power, Cl H |
43,796 |
78,707 |
||||||
Wuxi
Shangji Automation, Cl A |
403 |
18,823 |
||||||
XCMG
Construction Machinery, Cl A |
10,500 |
10,020 |
||||||
Xiamen C & D, Cl A |
3,600 |
4,504 |
||||||
Xinjiang
Goldwind Science & Technology, Cl A |
4,547 |
13,159 |
||||||
Xinjiang
Goldwind Science & Technology, Cl H |
17,571 |
39,393 |
||||||
Yantai
Eddie Precision Machinery, Cl A |
1,080 |
6,025 |
||||||
YTO Express Group, Cl A |
4,200 |
9,577 |
||||||
Yunda Holding, Cl A |
3,940 |
11,489 |
||||||
Yutong Bus, Cl A |
2,900 |
5,136 |
||||||
Zhefu Holding Group, Cl A |
7,400 |
8,275 |
||||||
Zhejiang Chint Electrics, Cl A |
2,900 |
27,285 |
||||||
Zhejiang
Dingli Machinery, Cl A |
690 |
7,362 |
||||||
Zhejiang Expressway, Cl H |
32,040 |
28,461 |
||||||
Zhejiang
HangKe Technology, Cl A |
535 |
8,636 |
||||||
Zhejiang
Sanhua Intelligent Controls, Cl A |
4,840 |
17,931 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Industrials ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Industrials — continued |
||||||||
Zhejiang
Weixing New Building Materials, Cl A |
2,200 |
$ |
6,185 |
|||||
Zhuzhou
CRRC Times Electric, Cl H |
12,323 |
59,088 |
||||||
Zhuzhou Kibing Group, Cl A |
3,500 |
8,692 |
||||||
Zoomlion
Heavy Industry Science and Technology, Cl A |
9,500 |
10,817 |
||||||
Zoomlion
Heavy Industry Science and Technology, Cl H |
30,200 |
21,818 |
||||||
ZTO Express Cayman ADR |
9,814 |
287,845 |
||||||
TOTAL CHINA |
3,113,311 |
|||||||
SINGAPORE — 1.3% |
||||||||
Industrials — 1.3% |
||||||||
BOC Aviation |
4,720 |
41,411 |
||||||
TOTAL COMMON STOCK |
||||||||
(Cost $2,879,924) |
3,154,722 |
|||||||
TOTAL INVESTMENTS — 99.9% |
||||||||
(Cost $2,879,924) |
$ |
3,154,722 |
* |
Non-income producing
security. |
Schedule
of Investments |
October
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 * |
2,661,056 |
$ |
55,759,010 |
|||||
ANTA Sports Products |
1,044,196 |
16,322,589 |
||||||
Baozun ADR * |
155,859 |
2,696,361 |
||||||
Beijing
Roborock Technology, Cl A |
11,091 |
1,559,014 |
||||||
Bosideng
International Holdings |
9,007,600 |
6,993,901 |
||||||
Brilliance
China Automotive Holdings *(A)(B)(C) |
7,607,900 |
2,251,646 |
||||||
BYD, Cl A |
202,549 |
9,848,272 |
||||||
BYD, Cl H |
733,930 |
27,983,319 |
||||||
Changzhou
Xingyu Automotive Lighting Systems, Cl A |
50,030 |
1,786,724 |
||||||
China
East Education Holdings (D) |
1,485,600 |
1,415,121 |
||||||
China
Education Group Holdings |
2,151,500 |
3,695,058 |
||||||
China Meidong Auto Holdings |
1,446,000 |
7,509,709 |
||||||
China
Tourism Group Duty Free, Cl A |
211,950 |
8,886,891 |
||||||
China Yuhua Education |
3,938,200 |
1,792,150 |
||||||
Chongqing
Changan Automobile, Cl A |
1,050,376 |
3,199,015 |
||||||
Dada Nexus ADR * |
129,577 |
2,631,709 |
||||||
Dongfeng Motor Group, Cl H * |
6,605,246 |
6,173,008 |
||||||
Ecovacs Robotics, Cl A |
76,100 |
2,038,382 |
||||||
FAW Jiefang Group, Cl A |
490,300 |
797,167 |
||||||
Fuyao
Glass Industry Group, Cl A |
323,214 |
2,493,756 |
||||||
Fuyao
Glass Industry Group, Cl H |
1,384,200 |
7,989,482 |
||||||
Gaotu Techedu ADR *
(D) |
354,824 |
1,043,183 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Discretionary ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Consumer Discretionary — continued |
||||||||
Geely Automobile Holdings |
5,859,500 |
$ |
20,375,171 |
|||||
GOME Retail Holdings *
(D) |
31,463,800 |
3,195,300 |
||||||
Great Wall Motor, Cl A |
362,900 |
3,854,186 |
||||||
Great Wall Motor, Cl H |
3,585,297 |
16,177,287 |
||||||
Guangdong
Xinbao Electrical Appliances Holdings, Cl A |
132,000 |
462,424 |
||||||
Guangzhou
Automobile Group, Cl H |
6,834,923 |
6,466,732 |
||||||
Haidilao
International Holding (D) |
1,522,400 |
4,266,372 |
||||||
Haier Smart Home, Cl A |
1,049,819 |
4,459,849 |
||||||
Haier Smart Home, Cl H |
2,525,960 |
9,449,153 |
||||||
Hang
Zhou Great Star Industrial, Cl A * |
185,900 |
929,979 |
||||||
Hangzhou
Robam Appliances, Cl A |
159,132 |
778,672 |
||||||
HengTen
Networks Group *
(D) |
5,133,900 |
1,762,106 |
||||||
Huayu
Automotive Systems, Cl A |
549,080 |
2,293,157 |
||||||
Huazhu Group ADR * |
238,955 |
11,077,954 |
||||||
Huizhou
Desay Sv Automotive, Cl A |
82,500 |
1,383,225 |
||||||
Jason
Furniture Hangzhou, Cl A |
112,900 |
1,097,489 |
||||||
JD Health International * |
486,070 |
4,305,182 |
||||||
JD.com ADR * |
649,702 |
50,858,673 |
||||||
Jiumaojiu
International Holdings |
1,353,000 |
3,391,609 |
||||||
Joyoung, Cl A * |
131,300 |
478,838 |
||||||
Kuang-Chi
Technologies, Cl A * |
354,900 |
1,136,310 |
||||||
Li Auto ADR * |
495,725 |
16,175,507 |
||||||
Li Ning |
2,083,100 |
23,163,259 |
||||||
Liaoning Cheng Da, Cl A |
266,513 |
847,071 |
||||||
Meituan, Cl B * |
2,128,650 |
73,773,024 |
||||||
Minth Group |
1,493,600 |
5,971,290 |
||||||
NavInfo, Cl A * |
392,700 |
717,602 |
||||||
New
Oriental Education & Technology Group ADR * |
1,992,655 |
4,084,943 |
||||||
Ningbo
Joyson Electronic, Cl A |
220,300 |
610,042 |
||||||
Ningbo Tuopu Group, Cl A |
195,435 |
1,584,187 |
||||||
NIO ADR * |
1,054,902 |
41,573,688 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Discretionary ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Consumer Discretionary — continued |
||||||||
Offcn
Education Technology, Cl A * |
368,902 |
$ |
601,518 |
|||||
Oppein Home Group, Cl A |
88,605 |
1,761,527 |
||||||
Pinduoduo ADR * |
336,703 |
29,939,631 |
||||||
SAIC Motor, Cl A |
1,305,400 |
4,134,742 |
||||||
Sailun Group, Cl A |
500,553 |
1,047,591 |
||||||
Shandong Linglong Tyre, Cl A |
232,834 |
1,282,956 |
||||||
Shanghai
Jinjiang International Hotels, Cl A |
154,056 |
1,299,299 |
||||||
Shanghai
Yuyuan Tourist Mart Group, Cl A |
498,828 |
765,846 |
||||||
Shenzhen MTC, Cl A * |
709,100 |
542,676 |
||||||
Shenzhen
Overseas Chinese Town, Cl A |
1,333,900 |
1,304,171 |
||||||
Shenzhou
International Group Holdings |
835,092 |
18,013,567 |
||||||
Songcheng
Performance Development, Cl A |
427,880 |
935,593 |
||||||
Suning.com, Cl A * |
1,605,100 |
1,120,589 |
||||||
Suofeiya
Home Collection, Cl A |
60,500 |
159,879 |
||||||
TAL Education Group ADR * |
619,527 |
2,533,865 |
||||||
TCL Technology Group, Cl A |
2,374,505 |
2,247,411 |
||||||
Tongcheng-Elong Holdings * |
2,436,000 |
5,455,052 |
||||||
Topsports
International Holdings |
3,364,200 |
4,091,159 |
||||||
Trip.com Group ADR * |
516,152 |
14,741,301 |
||||||
Vipshop Holdings ADR * |
576,073 |
6,428,975 |
||||||
Wangfujing Group, Cl A |
162,600 |
782,183 |
||||||
Weifu
High-Technology Group, Cl A |
129,600 |
393,292 |
||||||
Wuchan Zhongda Group, Cl A |
871,200 |
853,144 |
||||||
Xiamen Intretech, Cl A |
120,940 |
582,156 |
||||||
XPeng ADR, Cl A * |
381,284 |
17,779,273 |
||||||
Yadea Group Holdings |
2,776,100 |
4,782,041 |
||||||
Yum China Holdings |
392,399 |
22,398,135 |
||||||
Zhejiang Semir Garment, Cl A |
327,987 |
384,198 |
||||||
Zhejiang Supor, Cl A * |
94,626 |
783,291 |
||||||
Zhongsheng Group Holdings |
1,078,000 |
9,748,915 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Discretionary ETF |
Shares/Face
Amount |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
TOTAL CHINA |
$ |
648,459,724 |
||||||
TOTAL COMMON STOCK |
||||||||
(Cost $724,666,089) |
648,459,724 |
|||||||
SHORT-TERM
INVESTMENT(E)(F)
— 0.8% |
||||||||
Fidelity
Investments Money Market Government Portfolio, Cl Institutional,
0.010% |
||||||||
(Cost $5,111,111) |
5,111,111 |
5,111,111 |
||||||
REPURCHASE AGREEMENT(E)—
0.6% |
||||||||
BNP Paribas |
||||||||
0.030%, dated
10/29/2021, to be repurchased on 11/01/2021, repurchase price $4,114,279
(collateralized by various U.S. Treasury Obligations, ranging in par value
$165,464 - $551,792, 0.750% - 1.250%, 01/31/2028 - 03/31/2028, with a
total market value of $4,204,435) |
||||||||
(Cost $4,114,268) |
$ |
4,114,268 |
4,114,268 |
|||||
TOTAL INVESTMENTS — 101.3% |
||||||||
(Cost $733,891,468) |
$ |
657,685,103 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Discretionary ETF |
* |
Non-income producing
security. |
(A) |
Level 3 security in
accordance with fair value hierarchy. |
(B) |
Security considered
illiquid (Unaudited). The total value of such securities as of October 31,
2021 was $2,251,646 and represented 0.3% 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 October 31, 2021, was
$2,251,646 and represents 0.3% of Net Assets. |
(D) |
This security or a partial
position of this security is on loan at October 31, 2021. The total
value of securities on loan at October 31, 2021
was $8,678,275. |
(E) |
Security was purchased
with cash collateral held from securities on loan. The total value of such
securities as of October 31, 2021 was $9,225,379. |
(F) |
The rate reported on the
Schedule of Investments is the 7-day effective yield as of October 31,
2021. |
Investments
in Securities |
Level
1 |
Level
2 |
Level
3 (1) |
Total |
||||||||||||
Common
Stock |
$ |
646,208,078 |
$ |
— |
$ |
2,251,646 |
$ |
648,459,724 |
||||||||
Short-Term
Investment |
5,111,111 |
— |
— |
5,111,111 |
||||||||||||
Repurchase
Agreement |
— |
4,114,268 |
— |
4,114,268 |
||||||||||||
Total
Investments in Securities |
$ |
651,319,189 |
$ |
4,114,268 |
$ |
2,251,646 |
$ |
657,685,103 |
(1) |
A reconciliation of Level
3 investments and disclosures of significant unobservable inputs are
presented when the Fund has a significant amount of Level 3 investments at
the beginning and/or end of the period in relation to Net Assets.
Management has concluded that Level 3 investments are not material in
relation to Net Assets. |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Staples ETF |
Shares |
Value |
|||||||
COMMON STOCK —
99.8% |
||||||||
CHINA — 98.9% |
||||||||
Consumer Staples — 98.9% |
||||||||
Angel Yeast, Cl A |
7,554 |
$ |
65,633 |
|||||
Anhui Gujing Distillery, Cl A |
3,926 |
139,590 |
||||||
Anhui Gujing Distillery, Cl B |
14,900 |
192,076 |
||||||
Anhui Kouzi Distillery, Cl A |
5,600 |
53,029 |
||||||
Beijing
Dabeinong Technology Group, Cl A |
71,900 |
96,350 |
||||||
Beijing
Shunxin Agriculture, Cl A |
7,630 |
38,825 |
||||||
Beijing Yanjing Brewery, Cl A |
28,400 |
29,408 |
||||||
By-health, Cl A |
16,000 |
63,673 |
||||||
C&S Paper, Cl A |
11,600 |
30,872 |
||||||
Chacha Food, Cl A |
4,000 |
35,548 |
||||||
China Feihe |
381,500 |
635,584 |
||||||
China Mengniu Dairy |
235,800 |
1,501,969 |
||||||
China
Resources Beer Holdings |
163,700 |
1,357,319 |
||||||
Chongqing Brewery, Cl A * |
4,572 |
107,432 |
||||||
Chongqing
Fuling Zhacai Group, Cl A |
8,300 |
45,216 |
||||||
Dali Foods Group |
329,200 |
183,240 |
||||||
DaShenLin
Pharmaceutical Group, Cl A |
3,940 |
21,766 |
||||||
Foshan
Haitian Flavouring & Food, Cl A |
26,875 |
491,185 |
||||||
Fu Jian Anjoy Foods, Cl A |
1,100 |
34,814 |
||||||
Fujian
Sunner Development, Cl A |
10,200 |
35,749 |
||||||
Guangdong Haid Group, Cl A |
14,391 |
147,558 |
||||||
Heilongjiang Agriculture, Cl A |
17,900 |
38,469 |
||||||
Henan
Shuanghui Investment & Development, Cl A |
29,340 |
135,182 |
||||||
Hengan International Group |
83,100 |
434,245 |
||||||
Inner
Mongolia Yili Industrial Group, Cl A |
51,129 |
343,378 |
||||||
Jiangsu
King’s Luck Brewery JSC, Cl A |
12,000 |
92,436 |
Schedule
of Investments |
October
31, 2021 | |
Global
X MSCI China Consumer Staples ETF |
Shares |
Value |
|||||||
COMMON STOCK —
continued |
||||||||
Consumer Staples — continued |
||||||||
Jiangsu
Yanghe Brewery Joint-Stock, Cl A |
12,194 |
$ |
354,582 |
|||||
Jiangxi
Zhengbang Technology, Cl A |
28,700 |
44,915 |
||||||
JiuGui Liquor, Cl A |
1,350 |
45,314 |
||||||
Jonjee
Hi-Tech Industrial And Commercial Holding, Cl A |
8,200 |
46,554 |
||||||
Juewei Food, Cl A |
5,900 |
60,680 |
||||||
Kweichow Moutai, Cl A |
5,276 |
1,504,740 |
||||||
Laobaixing
Pharmacy Chain JSC, Cl A |
3,660 |
25,009 |
||||||
Luzhou Laojiao, Cl A |
11,697 |
418,265 |
||||||
Muyuan Foods, Cl A |
41,264 |