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<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_glx_IssuerRiskMember_label_en-US" xlink:label="lab_glx_IssuerRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issuer Risk Member</link:label>
    <link:label id="lab_glx_IssuerRiskMember_documentation_en-US" xlink:label="lab_glx_IssuerRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Issuer Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IssuerRiskMember" xlink:href="glx-20260604.xsd#glx_IssuerRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IssuerRiskMember" xlink:to="lab_glx_IssuerRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IndexingStrategyRiskMember_label_en-US" xlink:label="lab_glx_IndexingStrategyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk Member</link:label>
    <link:label id="lab_glx_IndexingStrategyRiskMember_documentation_en-US" xlink:label="lab_glx_IndexingStrategyRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IndexingStrategyRiskMember" xlink:href="glx-20260604.xsd#glx_IndexingStrategyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IndexingStrategyRiskMember" xlink:to="lab_glx_IndexingStrategyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_C000275766Member_label_en-US" xlink:label="lab_glx_C000275766Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Adaptive Risk Managed Yield ETF Class</link:label>
    <link:label id="lab_glx_C000275766Member_documentation_en-US" xlink:label="lab_glx_C000275766Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Adaptive Risk Managed Yield ETF Class, C000275766, RMHY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_C000275766Member" xlink:href="glx-20260604.xsd#glx_C000275766Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_C000275766Member" xlink:to="lab_glx_C000275766Member" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember_label_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Authorized Participants Concentration Risk Member</link:label>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember_documentation_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Authorized Participants Concentration Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember" xlink:href="glx-20260604.xsd#glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember" xlink:to="lab_glx_RisksAssociatedWithExchangeTradedFundsAuthorizedParticipantsConcentrationRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_SecuritiesLendingRiskMember_label_en-US" xlink:label="lab_glx_SecuritiesLendingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Lending Risk Member</link:label>
    <link:label id="lab_glx_SecuritiesLendingRiskMember_documentation_en-US" xlink:label="lab_glx_SecuritiesLendingRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Lending Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_SecuritiesLendingRiskMember" xlink:href="glx-20260604.xsd#glx_SecuritiesLendingRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_SecuritiesLendingRiskMember" xlink:to="lab_glx_SecuritiesLendingRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IncomeRiskMember_label_en-US" xlink:label="lab_glx_IncomeRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Risk Member</link:label>
    <link:label id="lab_glx_IncomeRiskMember_documentation_en-US" xlink:label="lab_glx_IncomeRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IncomeRiskMember" xlink:href="glx-20260604.xsd#glx_IncomeRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IncomeRiskMember" xlink:to="lab_glx_IncomeRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_NewFundRiskMember_label_en-US" xlink:label="lab_glx_NewFundRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Fund Risk Member</link:label>
    <link:label id="lab_glx_NewFundRiskMember_documentation_en-US" xlink:label="lab_glx_NewFundRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New Fund Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_NewFundRiskMember" xlink:href="glx-20260604.xsd#glx_NewFundRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_NewFundRiskMember" xlink:to="lab_glx_NewFundRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IndexingStrategyRiskManagementRiskMember_label_en-US" xlink:label="lab_glx_IndexingStrategyRiskManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Management Risk Member</link:label>
    <link:label id="lab_glx_IndexingStrategyRiskManagementRiskMember_documentation_en-US" xlink:label="lab_glx_IndexingStrategyRiskManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Management Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IndexingStrategyRiskManagementRiskMember" xlink:href="glx-20260604.xsd#glx_IndexingStrategyRiskManagementRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IndexingStrategyRiskManagementRiskMember" xlink:to="lab_glx_IndexingStrategyRiskManagementRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember_label_en-US" xlink:label="lab_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, U.S. Treasury Obligations Risk Member</link:label>
    <link:label id="lab_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember_documentation_en-US" xlink:label="lab_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, U.S. Treasury Obligations Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember" xlink:href="glx-20260604.xsd#glx_AssetClassRiskU.S.TreasuryObligationsRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember" xlink:to="lab_glx_AssetClassRiskU.S.TreasuryObligationsRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_QuantitativeSignalsRiskMember_label_en-US" xlink:label="lab_glx_QuantitativeSignalsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quantitative Signals Risk Member</link:label>
    <link:label id="lab_glx_QuantitativeSignalsRiskMember_documentation_en-US" xlink:label="lab_glx_QuantitativeSignalsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Quantitative Signals Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_QuantitativeSignalsRiskMember" xlink:href="glx-20260604.xsd#glx_QuantitativeSignalsRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_QuantitativeSignalsRiskMember" xlink:to="lab_glx_QuantitativeSignalsRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_TradingHaltRiskMember_label_en-US" xlink:label="lab_glx_TradingHaltRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Halt Risk Member</link:label>
    <link:label id="lab_glx_TradingHaltRiskMember_documentation_en-US" xlink:label="lab_glx_TradingHaltRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trading Halt Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_TradingHaltRiskMember" xlink:href="glx-20260604.xsd#glx_TradingHaltRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_TradingHaltRiskMember" xlink:to="lab_glx_TradingHaltRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember_label_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Market Trading Risks And Premium/Discount Risks Member</link:label>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember_documentation_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Market Trading Risks And Premium/Discount Risks Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:href="glx-20260604.xsd#glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:to="lab_glx_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_InterestRateRisk1Member_label_en-US" xlink:label="lab_glx_InterestRateRisk1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Risk1 Member</link:label>
    <link:label id="lab_glx_InterestRateRisk1Member_documentation_en-US" xlink:label="lab_glx_InterestRateRisk1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Risk1 Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_InterestRateRisk1Member" xlink:href="glx-20260604.xsd#glx_InterestRateRisk1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_InterestRateRisk1Member" xlink:to="lab_glx_InterestRateRisk1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_MarketRiskMember_label_en-US" xlink:label="lab_glx_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Risk Member</link:label>
    <link:label id="lab_glx_MarketRiskMember_documentation_en-US" xlink:label="lab_glx_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_MarketRiskMember" xlink:href="glx-20260604.xsd#glx_MarketRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_MarketRiskMember" xlink:to="lab_glx_MarketRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_TurnoverRiskMember_label_en-US" xlink:label="lab_glx_TurnoverRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Turnover Risk Member</link:label>
    <link:label id="lab_glx_TurnoverRiskMember_documentation_en-US" xlink:label="lab_glx_TurnoverRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Turnover Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_TurnoverRiskMember" xlink:href="glx-20260604.xsd#glx_TurnoverRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_TurnoverRiskMember" xlink:to="lab_glx_TurnoverRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IndexingStrategyRiskIndexRelatedRiskMember_label_en-US" xlink:label="lab_glx_IndexingStrategyRiskIndexRelatedRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Index-Related Risk Member</link:label>
    <link:label id="lab_glx_IndexingStrategyRiskIndexRelatedRiskMember_documentation_en-US" xlink:label="lab_glx_IndexingStrategyRiskIndexRelatedRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Index-Related Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IndexingStrategyRiskIndexRelatedRiskMember" xlink:href="glx-20260604.xsd#glx_IndexingStrategyRiskIndexRelatedRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IndexingStrategyRiskIndexRelatedRiskMember" xlink:to="lab_glx_IndexingStrategyRiskIndexRelatedRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember_label_en-US" xlink:label="lab_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Representative Sampling Risk Member</link:label>
    <link:label id="lab_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember_documentation_en-US" xlink:label="lab_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Representative Sampling Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember" xlink:href="glx-20260604.xsd#glx_IndexingStrategyRiskRepresentativeSamplingRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember" xlink:to="lab_glx_IndexingStrategyRiskRepresentativeSamplingRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_AssetClassRiskMember_label_en-US" xlink:label="lab_glx_AssetClassRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk Member</link:label>
    <link:label id="lab_glx_AssetClassRiskMember_documentation_en-US" xlink:label="lab_glx_AssetClassRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_AssetClassRiskMember" xlink:href="glx-20260604.xsd#glx_AssetClassRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_AssetClassRiskMember" xlink:to="lab_glx_AssetClassRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_CreditRisk1Member_label_en-US" xlink:label="lab_glx_CreditRisk1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk1 Member</link:label>
    <link:label id="lab_glx_CreditRisk1Member_documentation_en-US" xlink:label="lab_glx_CreditRisk1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk1 Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_CreditRisk1Member" xlink:href="glx-20260604.xsd#glx_CreditRisk1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_CreditRisk1Member" xlink:to="lab_glx_CreditRisk1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_OperationalRiskMember_label_en-US" xlink:label="lab_glx_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operational Risk Member</link:label>
    <link:label id="lab_glx_OperationalRiskMember_documentation_en-US" xlink:label="lab_glx_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operational Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_OperationalRiskMember" xlink:href="glx-20260604.xsd#glx_OperationalRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_OperationalRiskMember" xlink:to="lab_glx_OperationalRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember_label_en-US" xlink:label="lab_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Fixed Income Securities Risk Member</link:label>
    <link:label id="lab_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember_documentation_en-US" xlink:label="lab_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Fixed Income Securities Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:href="glx-20260604.xsd#glx_AssetClassRiskFixedIncomeSecuritiesRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:to="lab_glx_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember_label_en-US" xlink:label="lab_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rule 144A Securities and Other Exempt Securities Risk Member</link:label>
    <link:label id="lab_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember_documentation_en-US" xlink:label="lab_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rule 144A Securities and Other Exempt Securities Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember" xlink:href="glx-20260604.xsd#glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember" xlink:to="lab_glx_Rule144ASecuritiesAndOtherExemptSecuritiesRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_TrendLagRiskMember_label_en-US" xlink:label="lab_glx_TrendLagRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trend Lag Risk Member</link:label>
    <link:label id="lab_glx_TrendLagRiskMember_documentation_en-US" xlink:label="lab_glx_TrendLagRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trend Lag Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_TrendLagRiskMember" xlink:href="glx-20260604.xsd#glx_TrendLagRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_TrendLagRiskMember" xlink:to="lab_glx_TrendLagRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_CybersecurityRiskMember_label_en-US" xlink:label="lab_glx_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cybersecurity Risk Member</link:label>
    <link:label id="lab_glx_CybersecurityRiskMember_documentation_en-US" xlink:label="lab_glx_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cybersecurity Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_CybersecurityRiskMember" xlink:href="glx-20260604.xsd#glx_CybersecurityRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_CybersecurityRiskMember" xlink:to="lab_glx_CybersecurityRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_HighYieldSecuritiesRiskMember_label_en-US" xlink:label="lab_glx_HighYieldSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">High Yield Securities Risk Member</link:label>
    <link:label id="lab_glx_HighYieldSecuritiesRiskMember_documentation_en-US" xlink:label="lab_glx_HighYieldSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">High Yield Securities Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_HighYieldSecuritiesRiskMember" xlink:href="glx-20260604.xsd#glx_HighYieldSecuritiesRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_HighYieldSecuritiesRiskMember" xlink:to="lab_glx_HighYieldSecuritiesRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember_label_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Listing Standards Risk Member</link:label>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember_documentation_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Listing Standards Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:href="glx-20260604.xsd#glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:to="lab_glx_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_FocusRiskMember_label_en-US" xlink:label="lab_glx_FocusRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk Member</link:label>
    <link:label id="lab_glx_FocusRiskMember_documentation_en-US" xlink:label="lab_glx_FocusRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_FocusRiskMember" xlink:href="glx-20260604.xsd#glx_FocusRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_FocusRiskMember" xlink:to="lab_glx_FocusRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_GlobalXFundsMember_label_en-US" xlink:label="lab_glx_GlobalXFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Funds</link:label>
    <link:label id="lab_glx_GlobalXFundsMember_documentation_en-US" xlink:label="lab_glx_GlobalXFundsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Funds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_GlobalXFundsMember" xlink:href="glx-20260604.xsd#glx_GlobalXFundsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_GlobalXFundsMember" xlink:to="lab_glx_GlobalXFundsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_IndexingStrategyRiskTrackingErrorRiskMember_label_en-US" xlink:label="lab_glx_IndexingStrategyRiskTrackingErrorRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Tracking Error Risk Member</link:label>
    <link:label id="lab_glx_IndexingStrategyRiskTrackingErrorRiskMember_documentation_en-US" xlink:label="lab_glx_IndexingStrategyRiskTrackingErrorRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Tracking Error Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_IndexingStrategyRiskTrackingErrorRiskMember" xlink:href="glx-20260604.xsd#glx_IndexingStrategyRiskTrackingErrorRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_IndexingStrategyRiskTrackingErrorRiskMember" xlink:to="lab_glx_IndexingStrategyRiskTrackingErrorRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_ModelPortfolioRiskMember_label_en-US" xlink:label="lab_glx_ModelPortfolioRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Model Portfolio Risk Member</link:label>
    <link:label id="lab_glx_ModelPortfolioRiskMember_documentation_en-US" xlink:label="lab_glx_ModelPortfolioRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Model Portfolio Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_ModelPortfolioRiskMember" xlink:href="glx-20260604.xsd#glx_ModelPortfolioRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_ModelPortfolioRiskMember" xlink:to="lab_glx_ModelPortfolioRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember_label_en-US" xlink:label="lab_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In The United States Member</link:label>
    <link:label id="lab_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember_documentation_en-US" xlink:label="lab_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In The United States Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember" xlink:href="glx-20260604.xsd#glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember" xlink:to="lab_glx_GeographicRiskRiskOfInvestingInTheUnitedStatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_ExtensionRiskMember_label_en-US" xlink:label="lab_glx_ExtensionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extension Risk Member</link:label>
    <link:label id="lab_glx_ExtensionRiskMember_documentation_en-US" xlink:label="lab_glx_ExtensionRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Extension Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_ExtensionRiskMember" xlink:href="glx-20260604.xsd#glx_ExtensionRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_ExtensionRiskMember" xlink:to="lab_glx_ExtensionRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember_label_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Large Shareholder Risk Member</link:label>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember_documentation_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Large Shareholder Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:href="glx-20260604.xsd#glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:to="lab_glx_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_GovernmentDebtRiskMember_label_en-US" xlink:label="lab_glx_GovernmentDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Debt Risk Member</link:label>
    <link:label id="lab_glx_GovernmentDebtRiskMember_documentation_en-US" xlink:label="lab_glx_GovernmentDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government Debt Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_GovernmentDebtRiskMember" xlink:href="glx-20260604.xsd#glx_GovernmentDebtRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_GovernmentDebtRiskMember" xlink:to="lab_glx_GovernmentDebtRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_AssetClassRiskBondInvestmentRiskMember_label_en-US" xlink:label="lab_glx_AssetClassRiskBondInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Bond Investment Risk Member</link:label>
    <link:label id="lab_glx_AssetClassRiskBondInvestmentRiskMember_documentation_en-US" xlink:label="lab_glx_AssetClassRiskBondInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Bond Investment Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_AssetClassRiskBondInvestmentRiskMember" xlink:href="glx-20260604.xsd#glx_AssetClassRiskBondInvestmentRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_AssetClassRiskBondInvestmentRiskMember" xlink:to="lab_glx_AssetClassRiskBondInvestmentRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_ValuationRiskMember_label_en-US" xlink:label="lab_glx_ValuationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Risk Member</link:label>
    <link:label id="lab_glx_ValuationRiskMember_documentation_en-US" xlink:label="lab_glx_ValuationRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_ValuationRiskMember" xlink:href="glx-20260604.xsd#glx_ValuationRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_ValuationRiskMember" xlink:to="lab_glx_ValuationRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsMember_label_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds Member</link:label>
    <link:label id="lab_glx_RisksAssociatedWithExchangeTradedFundsMember_documentation_en-US" xlink:label="lab_glx_RisksAssociatedWithExchangeTradedFundsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_RisksAssociatedWithExchangeTradedFundsMember" xlink:href="glx-20260604.xsd#glx_RisksAssociatedWithExchangeTradedFundsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_RisksAssociatedWithExchangeTradedFundsMember" xlink:to="lab_glx_RisksAssociatedWithExchangeTradedFundsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_AssetClassRiskETFInvestmentRiskMember_label_en-US" xlink:label="lab_glx_AssetClassRiskETFInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, ETF Investment Risk Member</link:label>
    <link:label id="lab_glx_AssetClassRiskETFInvestmentRiskMember_documentation_en-US" xlink:label="lab_glx_AssetClassRiskETFInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, ETF Investment Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_AssetClassRiskETFInvestmentRiskMember" xlink:href="glx-20260604.xsd#glx_AssetClassRiskETFInvestmentRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_AssetClassRiskETFInvestmentRiskMember" xlink:to="lab_glx_AssetClassRiskETFInvestmentRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_GeographicRiskMember_label_en-US" xlink:label="lab_glx_GeographicRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Risk Member</link:label>
    <link:label id="lab_glx_GeographicRiskMember_documentation_en-US" xlink:label="lab_glx_GeographicRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_GeographicRiskMember" xlink:href="glx-20260604.xsd#glx_GeographicRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_GeographicRiskMember" xlink:to="lab_glx_GeographicRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_glx_S000105043Member_label_en-US" xlink:label="lab_glx_S000105043Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Adaptive Risk Managed Yield ETF</link:label>
    <link:label id="lab_glx_S000105043Member_documentation_en-US" xlink:label="lab_glx_S000105043Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Adaptive Risk Managed Yield ETF, S000105043</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_glx_S000105043Member" xlink:href="glx-20260604.xsd#glx_S000105043Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_glx_S000105043Member" xlink:to="lab_glx_S000105043Member" xlink:type="arc" order="1"/>
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</link:linkbase>
