UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM N-CSRS

 

 

 

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT

INVESTMENT COMPANIES

 

Investment Company Act file number 811-22209

 

Global X Funds

(Exact name of registrant as specified in charter)

 

 

 

605 Third Avenue, 43rd floor

New York, NY 10158

(Address of principal executive offices) (Zip code)

 

Jasmin M. Ali, Esquire

Global X Management Company LLC

605 Third Avenue, 43rd floor

New York, NY 10158

(Name and address of agent for service)

 

With a copy to:

 

Jasmin M. Ali, Esquire
Global X Management Company LLC
605 Third Avenue, 43rd floor
New York, NY 10158
Eric S. Purple, Esquire
Stradley Ronon Stevens & Young, LLP
2000 K Street, N.W., Suite 700
Washington, DC 20006-1871

 

Registrant’s telephone number, including area code: (212) 644-6440

 

Date of fiscal year end: October 31, 2026

 

Date of reporting period: April 30, 2026

 

Item 1. Reports to Stockholders.

 

(a) A copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the “Act”) (17 CFR § 270.30e-1), is attached hereto.

 

 

Global X Funds

Image

Global X Lithium & Battery Tech ETF

Ticker: LIT

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Lithium & Battery Tech ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/lit/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Lithium & Battery Tech ETF
$45
0.75%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$2,046,904,155
47
$5,995,495
9.26%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Repurchase Agreements
0.6%
France
0.1%
Brazil
0.3%
Netherlands
0.4%
Canada
1.3%
Chile
3.5%
Japan
8.5%
United States
12.2%
South Korea
12.3%
Australia
27.2%
China
34.3%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Rio Tinto PLC ADR
19.1%
Albemarle
6.1%
Samsung SDI
5.5%
TDK
4.4%
NAURA Technology Group, Cl A
4.3%
Panasonic Holdings
4.1%
LG Energy Solution
3.9%
Eve Energy, Cl A
3.8%
Tesla
3.7%
Contemporary Amperex Technology, Cl A
3.7%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/lit/ 

Image

GX-SA-LIT-2026

Global X Funds

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Global X SuperDividend® ETF

Ticker: SDIV

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X SuperDividend® ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sdiv/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X SuperDividend® ETF
$31
0.58%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$1,274,927,892
112
$3,337,581
49.72%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Futures ContractsFootnote Reference**
0.0%
Repurchase Agreements
4.1%
Other Countries
12.3%
Spain
2.0%
Israel
2.2%
Thailand
2.7%
Hong Kong
2.7%
South Africa
3.1%
Indonesia
3.2%
China
4.9%
United Kingdom
6.1%
Norway
8.4%
Brazil
17.2%
United States
34.4%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Thaifoods Group NVDR
1.8%
Var Energi
1.3%
Ithaca Energy PLC
1.4%
Petroleo Brasileiro
1.4%
Odontoprev
1.3%
Aker BP
1.3%
DNO
1.3%
Harbour Energy PLC
1.2%
Petroreconcavo S
1.2%
FLEX LNG
1.2%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/sdiv/ 

Image

GX-SA-SDIV-2026

Global X Funds

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Global X Social Media ETF

Ticker: SOCL

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Social Media ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/socl/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Social Media ETF
$29
0.65%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$92,239,613
53
$383,528
6.53%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Repurchase Agreements
8.0%
United Arab Emirates
0.0%
Singapore
0.2%
United Kingdom
0.5%
Germany
1.1%
Australia
1.5%
Japan
3.9%
South Korea
13.5%
China
35.1%
United States
43.8%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Meta Platforms, Cl A
9.5%
Tencent Holdings
9.5%
NAVER
9.0%
Reddit, Cl A
8.8%
Kuaishou Technology, Cl B
6.9%
Alphabet, Cl A
5.7%
Baidu ADR
5.0%
NetEase ADR
5.0%
Pinterest, Cl A
4.8%
Kakao
4.3%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/socl/ 

Image

GX-SA-SOCL-2026

Global X Funds

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Global X Guru® Index ETF

Ticker: GURU

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Guru® Index ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/guru/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Guru® Index ETF
$38
0.75%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$58,383,894
90
$212,443
59.28%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Short-Term Investment
1.5%
Energy
2.4%
Materials
3.1%
Consumer Staples
3.3%
Utilities
4.5%
Communication Services
7.6%
Consumer Discretionary
10.8%
Financials
11.5%
Industrials
14.6%
Information Technology
20.0%
Health Care
22.2%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Sandisk
2.0%
Bloom Energy, Cl A
2.0%
Lumentum Holdings
1.7%
Avis Budget Group
1.6%
Celestica
1.5%
Quanta Services
1.5%
Amazon.com
1.4%
Alphabet, Cl A
1.4%
Broadcom
1.4%
Arista Networks
1.3%
FootnoteDescription
Footnote(A)
Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/guru/ 

Image

GX-SA-GURU-2026

Global X Funds

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Global X SuperIncome® Preferred ETF

Ticker: SPFF

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X SuperIncome® Preferred ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/spff/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X SuperIncome® Preferred ETF
$25
0.48%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$130,060,462
51
$310,615
36.63%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Short-Term Investment
1.8%
United States
99.4%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
PG&E
4.5%
Microchip Technology
3.8%
Ares Management
3.7%
Hewlett Packard Enterprise
3.5%
Wells Fargo
3.1%
Bank of America
3.1%
NextEra Energy Capital Holdings
3.1%
Albemarle
2.9%
Oracle
2.9%
Athene Holding
2.8%
FootnoteDescription
Footnote(A)
Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/spff/ 

Image

GX-SA-SPFF-2026

Global X Funds

Image

Global X SuperDividend® U.S. ETF

Ticker: DIV

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X SuperDividend® U.S. ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/div/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X SuperDividend® U.S. ETF
$24
0.45%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$750,803,210
55
$1,536,196
32.84%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Repurchase Agreements
1.8%
Consumer Discretionary
1.8%
Health Care
3.6%
Financials
5.7%
Materials
6.2%
Communication Services
6.4%
Industrials
7.6%
Utilities
12.0%
Consumer Staples
15.0%
Real Estate
17.9%
Energy
23.5%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Tsakos Energy Navigation
2.8%
Millicom International Cellular
2.6%
CBL & Associates Properties
2.4%
FLEX LNG
2.4%
CVR Partners
2.4%
Plains All American Pipeline
2.2%
SFL, Cl B
2.2%
Alexander's
2.2%
Westlake Chemical Partners
2.2%
Altria Group
2.1%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/div/ 

Image

GX-SA-DIV-2026

Global X Funds

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Global X MSCI SuperDividend® Emerging Markets ETF

Ticker: SDEM

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X MSCI SuperDividend® Emerging Markets ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sdem/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X MSCI SuperDividend® Emerging Markets ETF
$35
0.65%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$45,941,872
63
$144,986
18.47%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Futures ContractsFootnote Reference**
0.0%
Repurchase Agreements
2.5%
Other Countries
14.9%
South Africa
2.4%
Hungary
2.5%
Poland
3.8%
Czech Republic
3.9%
Thailand
4.3%
India
4.3%
Colombia
5.1%
Indonesia
5.2%
Taiwan
7.3%
China
20.4%
Brazil
25.3%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Vibra Energia
3.3%
PetroChina, Cl H
3.1%
Innolux
2.9%
Cia Paranaense de Energia - Copel
2.8%
Grupo Cibest
2.6%
PTT Exploration & Production PCL NVDR
2.5%
Gree Electric Appliances of Zhuhai, Cl A
2.5%
Yutong Bus, Cl A
2.5%
Interconexion Electrica
2.5%
MOL Hungarian Oil & Gas
2.5%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/sdem/ 

Image

GX-SA-SDEM-2026

Global X Funds

Image

Global X SuperDividend® REIT ETF

Ticker: SRET

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X SuperDividend® REIT ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/sret/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X SuperDividend® REIT ETF
$31
0.59%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$236,762,959
32
$621,138
48.61%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Futures ContractsFootnote Reference**
0.0%
France
3.1%
Singapore
3.1%
Belgium
3.1%
United Kingdom
6.1%
United States
83.8%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Sila Realty Trust
4.2%
Getty Realty
3.8%
Apollo Commercial Real Estate Finance
3.6%
Sabra Health Care REIT
3.7%
Apple Hospitality REIT
3.6%
Healthcare Realty Trust, Cl A
3.6%
Omega Healthcare Investors
3.6%
Broadstone Net Lease, Cl A
3.6%
Gaming and Leisure Properties
3.5%
LTC Properties
3.5%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/sret/ 

Image

GX-SA-SRET-2026

Global X Funds

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Global X Renewable Energy Producers ETF

Ticker: RNRG

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Renewable Energy Producers ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/rnrg. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Renewable Energy Producers ETF
$35
0.65%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$31,202,695
38
$89,673
8.81%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Repurchase Agreements
1.9%
Energy
2.1%
Industrials
2.8%
Utilities
94.5%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Orsted
6.9%
Enlight Renewable Energy
6.8%
Axia Energia
6.6%
EDP Renovaveis
6.0%
Verbund
5.8%
Meridian Energy
5.5%
Brookfield Renewable Partners, Cl A
4.8%
Engie Brasil Energia
4.7%
Mercury NZ
4.1%
Contact Energy
4.0%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/rnrg 

Image

GX-SA-RNRG-2026

Global X Funds

Image

Global X S&P 500® Catholic Values ETF

Ticker: CATH

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® Catholic Values ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/cath/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® Catholic Values ETF
$15
0.29%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$1,213,337,780
448
$1,599,387
1.88%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Short-Term InvestmentFootnote Reference**
0.0%
Real Estate
1.9%
Materials
2.0%
Utilities
2.4%
Energy
3.5%
Consumer Staples
4.9%
Health Care
8.3%
Industrials
8.9%
Consumer Discretionary
10.0%
Communication Services
11.1%
Financials
12.2%
Information Technology
34.6%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
NVIDIA
8.2%
Apple
6.7%
Microsoft
5.1%
Amazon.com
4.2%
Alphabet, Cl A
3.6%
Broadcom
3.3%
Alphabet, Cl C
2.9%
Meta Platforms, Cl A
2.2%
Tesla
1.8%
JPMorgan Chase
1.6%
FootnoteDescription
Footnote(A)
Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/cath/ 

Image

GX-SA-CATH-2026

Global X Funds

Image

Global X MSCI SuperDividend® EAFE ETF

Ticker: EFAS

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X MSCI SuperDividend® EAFE ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/efas/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X MSCI SuperDividend® EAFE ETF
$30
0.55%

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$47,925,649
51
$107,133
12.42%

What did the Fund invest in?

Asset/Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Futures ContractsFootnote Reference**
0.0%
Other Countries
9.3%
China
2.1%
Portugal
2.2%
Netherlands
2.2%
Australia
2.3%
Japan
3.2%
Sweden
3.5%
Spain
8.3%
Norway
8.8%
Italy
12.5%
United Kingdom
13.6%
Hong Kong
14.5%
France
16.6%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Repsol
3.2%
Eni
3.0%
Equinor
2.7%
Aker BP
2.6%
Engie
2.5%
Admiral Group PLC
2.5%
Sino Land
2.4%
CaixaBank
2.3%
APA Group
2.3%
NN Group
2.2%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/efas/ 

Image

GX-SA-EFAS-2026

Global X Funds

Image

Global X E-commerce ETF

Ticker: EBIZ

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X E-commerce ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/ebiz/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X E-commerce ETF
$23
0.50%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$29,230,166
43
$104,469
10.18%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Financials
0.4%
Repurchase Agreements
0.9%
Consumer Staples
2.3%
Real Estate
2.6%
Communication Services
5.2%
Industrials
5.7%
Information Technology
8.6%
Consumer Discretionary
75.2%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Amazon.com
5.3%
eBay
5.2%
JD.com ADR
4.8%
Etsy
4.5%
RB Global
4.5%
PDD Holdings ADR
4.4%
Williams-Sonoma
4.2%
Trip.com Group ADR
4.1%
Carvana, Cl A
4.1%
Expedia Group
4.1%
FootnoteDescription
Footnote(A)
Repurchase Agreements are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/ebiz/ 

Image

GX-SA-EBIZ-2026

Global X Funds

Image

Global X S&P Catholic Values Developed ex-U.S. ETF

Ticker: CEFA

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P Catholic Values Developed ex-U.S. ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/cefa/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P Catholic Values Developed ex-U.S. ETF
$18
0.35%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$45,600,025
358
$59,043
4.60%

What did the Fund invest in?

Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Real Estate
1.3%
Communication Services
3.0%
Utilities
3.1%
Energy
4.4%
Materials
5.7%
Consumer Staples
6.9%
Consumer Discretionary
8.9%
Information Technology
10.1%
Health Care
10.6%
Industrials
19.3%
Financials
26.1%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
ASML Holding
3.1%
HSBC Holdings PLC
1.7%
Siemens
1.7%
Hoya
1.6%
EssilorLuxottica
1.6%
Shell PLC
1.4%
Toyota Motor
1.4%
Schneider Electric
1.3%
Argenx
1.3%
ABB
1.2%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/cefa/ 

Image

GX-SA-CEFA-2026

Global X Funds

Image

Global X NASDAQ 100® Tail Risk ETF

Ticker: QTR

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X NASDAQ 100® Tail Risk ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/qtr/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X NASDAQ 100® Tail Risk ETF
$13
0.25%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$3,218,317
103
$3,713
9.71%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Real Estate
0.1%
Financials
0.2%
Purchased Options
0.3%
Energy
0.6%
Materials
1.1%
Utilities
1.4%
Industrials
3.6%
Health Care
4.2%
Consumer Staples
7.6%
Consumer Discretionary
12.2%
Communication Services
15.1%
Information Technology
53.5%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
NVIDIA
8.5%
Apple
7.0%
Microsoft
5.3%
Amazon.com
5.0%
Alphabet, Cl A
3.9%
Alphabet, Cl C
3.7%
Broadcom
3.5%
Tesla
3.3%
Meta Platforms, Cl A
3.2%
Walmart
3.1%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/qtr/ 

Image

GX-SA-QTR-2026

Global X Funds

Image

Global X NASDAQ 100® Collar 95-110 ETF

Ticker: QCLR

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X NASDAQ 100® Collar 95-110 ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/qclr/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X NASDAQ 100® Collar 95-110 ETF
$12
0.25%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$3,973,953
105
$4,622
9.80%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Written Options
-5.8%
Real Estate
0.1%
Financials
0.2%
Purchased Options
0.3%
Energy
0.7%
Materials
1.2%
Utilities
1.5%
Industrials
3.8%
Health Care
4.4%
Consumer Staples
8.0%
Consumer Discretionary
12.9%
Communication Services
15.9%
Information Technology
56.7%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
NVIDIA
9.0%
Apple
7.4%
Microsoft
5.6%
Amazon.com
5.3%
Alphabet, Cl A
4.1%
Alphabet, Cl C
3.9%
Broadcom
3.7%
Tesla
3.5%
Meta Platforms, Cl A
3.4%
Walmart
3.3%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/qclr/ 

Image

GX-SA-QCLR-2026

Global X Funds

Image

Global X S&P 500® Tail Risk ETF

Ticker: XTR

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® Tail Risk ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/xtr/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® Tail Risk ETF
$13
0.25%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$3,568,368
504
$3,394
1.50%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Purchased Options
0.3%
Real Estate
1.9%
Materials
1.9%
Utilities
2.3%
Energy
3.5%
Consumer Staples
5.0%
Health Care
8.5%
Industrials
8.8%
Consumer Discretionary
9.9%
Communication Services
11.0%
Financials
12.0%
Information Technology
34.8%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
NVIDIA
7.8%
Apple
6.4%
Microsoft
4.9%
Amazon.com
4.2%
Alphabet, Cl A
3.6%
Broadcom
3.2%
Alphabet, Cl C
2.9%
Meta Platforms, Cl A
2.2%
Tesla
1.7%
Berkshire Hathaway, Cl B
1.4%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/xtr/ 

Image

GX-SA-XTR-2026

Global X Funds

Image

Global X S&P 500® Collar 95-110 ETF

Ticker: XCLR

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® Collar 95-110 ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/xclr/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® Collar 95-110 ETF
$12
0.25%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$3,250,343
506
$4,150
1.00%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Written Options
-2.4%
Purchased Options
0.3%
Materials
2.0%
Real Estate
2.0%
Utilities
2.4%
Energy
3.6%
Consumer Staples
5.1%
Health Care
8.6%
Industrials
9.0%
Consumer Discretionary
10.2%
Communication Services
11.2%
Financials
12.3%
Information Technology
35.7%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
NVIDIA
8.0%
Apple
6.6%
Microsoft
5.0%
Amazon.com
4.3%
Alphabet, Cl A
3.7%
Broadcom
3.3%
Alphabet, Cl C
3.0%
Meta Platforms, Cl A
2.2%
Tesla
1.8%
Berkshire Hathaway, Cl B
1.4%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/xclr/ 

Image

GX-SA-XCLR-2026

Global X Funds

Image

Global X Rare Earth & Critical Materials ETF

Ticker: EART

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Rare Earth & Critical Materials ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/eart/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Rare Earth & Critical Materials ETF
$34
0.59%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$43,262,327
50
$89,811
11.51%

What did the Fund invest in?

Country WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Indonesia
0.5%
France
0.7%
Sweden
3.0%
Canada
3.4%
Chile
3.9%
Japan
4.3%
Mexico
7.8%
Australia
13.0%
United States
14.3%
South Africa
16.9%
China
32.2%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Albemarle
4.5%
Anglo American PLC
4.4%
PLS Group
4.2%
Rio Tinto PLC
4.2%
Zhejiang Huayou Cobalt, Cl A
4.2%
China Northern Rare Earth Group High-Tech, Cl A
4.1%
Antofagasta PLC
3.9%
Freeport-McMoRan
3.9%
Grupo Mexico, Cl B
3.9%
Southern Copper
3.9%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/eart/ 

Image

GX-SA-EART-2026

Global X Funds

Image

Global X Russell 2000 ETF

Ticker: RSSL

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X Russell 2000 ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/rssl/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X Russell 2000 ETF
$4
0.08%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$1,427,015,994
1,924
$551,579
5.70%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
RightFootnote Reference**
0.0%
Futures ContractsFootnote Reference**
0.0%
Consumer Staples
1.7%
Short-Term Investment
2.0%
Communication Services
2.6%
Utilities
2.8%
Materials
4.7%
Real Estate
5.2%
Energy
6.3%
Consumer Discretionary
8.1%
Information Technology
16.3%
Health Care
16.2%
Financials
16.4%
Industrials
19.2%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
Bloom Energy, Cl A
1.9%
Credo Technology Group Holding
0.9%
Fabrinet
0.8%
Coeur Mining
0.6%
Nextpower, Cl A
0.5%
EchoStar, Cl A
0.5%
TTM Technologies
0.5%
IonQ
0.5%
Sterling Infrastructure
0.5%
Advanced Energy Industries
0.4%
FootnoteDescription
Footnote(A)
Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/rssl/ 

Image

GX-SA-RSSL-2026

Global X Funds

Image

Global X U.S. Electrification ETF

Ticker: ZAP

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X U.S. Electrification ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/zap/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X U.S. Electrification ETF
$27
0.50%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$443,983,120
45
$765,617
5.14%

What did the Fund invest in?

Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Consumer DiscretionaryFootnote Reference**
0.0%
Industrials
24.7%
Utilities
75.2%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.
Footnote**
Amount is less than 0.05%.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Bloom Energy, Cl A
5.3%
Quanta Services
4.7%
Eaton PLC
4.1%
NextEra Energy
4.1%
Constellation Energy
4.1%
Dominion Energy
4.0%
National Grid PLC ADR
4.0%
American Electric Power
4.0%
Southern
3.9%
Xcel Energy
3.9%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/zap/ 

Image

GX-SA-ZAP-2026

Global X Funds

Image

Global X S&P 500® U.S. Market Leaders Top 50 ETF

Ticker: FLAG

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® U.S. Market Leaders Top 50 ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/flag/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® U.S. Market Leaders Top 50 ETF
$14
0.29%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$1,648,282
50
$2,376
4.40%

What did the Fund invest in?

Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Energy
0.5%
Communication Services
3.8%
Industrials
7.4%
Financials
8.1%
Consumer Staples
12.0%
Consumer Discretionary
19.5%
Information Technology
20.5%
Health Care
28.0%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Walmart
5.3%
Amazon.com
5.2%
Cisco Systems
5.2%
UnitedHealth Group
5.1%
Merck
5.0%
AbbVie
4.3%
Eli Lilly
4.3%
Home Depot
4.3%
Microsoft
3.9%
PepsiCo
3.9%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/flag/ 

Image

GX-SA-FLAG-2026

Global X Funds

Image

Global X S&P 500® U.S. Revenue Leaders ETF

Ticker: EGLE

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® U.S. Revenue Leaders ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/egle. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® U.S. Revenue Leaders ETF
$9
0.19%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$2,050,401
373
$1,903
4.30%

What did the Fund invest in?

Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Materials
1.2%
Energy
2.7%
Real Estate
3.0%
Utilities
4.1%
Consumer Staples
5.3%
Communication Services
5.6%
Industrials
11.6%
Health Care
11.9%
Consumer Discretionary
12.7%
Financials
14.8%
Information Technology
27.0%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
Microsoft
8.5%
Amazon.com
7.4%
Micron Technology
3.5%
Berkshire Hathaway, Cl B
2.2%
JPMorgan Chase
2.2%
Cisco Systems
2.2%
Palantir Technologies, Cl A
1.9%
Eli Lilly
1.9%
Oracle
1.6%
Walmart
1.6%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/egle 

Image

GX-SA-EGLE-2026

Global X Funds

Image

Global X S&P 500® Christian Values ETF

Ticker: CHRI

Principal Listing Exchange: Nasdaq

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X S&P 500® Christian Values ETF (the "Fund") for the period from November 1, 2025 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/chri. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the last six months?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Global X S&P 500® Christian Values ETF
$15
0.29%Footnote Reference
FootnoteDescription
Footnote
Annualized.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$5,135,391
468
$5,027
3.01%

What did the Fund invest in?

Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Real Estate
1.9%
Materials
1.9%
Utilities
2.3%
Energy
3.5%
Consumer Staples
4.9%
Health Care
8.3%
Industrials
9.0%
Consumer Discretionary
10.0%
Communication Services
11.0%
Financials
12.0%
Information Technology
35.1%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net Assets
NVIDIA
7.9%
Apple
6.5%
Microsoft
4.9%
Amazon.com
4.2%
Alphabet, Cl A
3.7%
Broadcom
3.2%
Alphabet, Cl C
2.9%
Meta Platforms, Cl A
2.2%
Tesla
1.8%
Berkshire Hathaway, Cl B
1.5%

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/chri 

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GX-SA-CHRI-2026

Global X Funds

Image

Global X NYSE® 100 ETF

Ticker: NYSX

Principal Listing Exchange: NYSE Arca, Inc.

Semi-Annual Shareholder Report: April 30, 2026

This semi-annual shareholder report contains important information about the Global X NYSE® 100 ETF (the "Fund") for the period from March 25, 2026 to April 30, 2026. You can find additional information about the Fund at https://www.globalxetfs.com/funds/NYSX/. You can also request this information by contacting us at 1-888-493-8631.

What were the Fund costs for the period?

(based on a hypothetical $10,000 investment) 

Table Summary
Fund Name
Costs of a $10,000 investmentFootnote Reference*
Costs paid as a percentage of a $10,000 investment
Global X NYSE® 100 ETF
$1
0.09%Footnote Reference
FootnoteDescription
Footnote
Annualized.
Footnote*
Costs shown not annualized. If the Fund had been open for the full semi-annual period, costs would have been higher.

Key Fund Statistics as of April 30, 2026

Table Summary
Total Net Assets
Number of Portfolio Holdings
Total Advisory Fees Paid
Portfolio Turnover Rate
$3,431,879
101
$124
0.57%

What did the Fund invest in?

Asset/Sector WeightingsFootnote Reference*

Group By Sector Chart
Table Summary
Value
Value
Industrials
1.4%
Financials
4.2%
U.S. Treasury Obligation
9.9%
Consumer Discretionary
11.9%
Communication Services
14.1%
Information Technology
68.3%
FootnoteDescription
Footnote*
Percentages are calculated based on total net assets.

Top Ten Holdings

Table Summary
Holding Name
Percentage of Total Net AssetsFootnote Reference(A)
NVIDIA
9.6%
Apple
8.2%
Microsoft
6.1%
Amazon.com
5.3%
Alphabet, Cl A
4.6%
Broadcom
4.0%
Alphabet, Cl C
4.0%
Taiwan Semiconductor Manufacturing ADR
3.9%
Tesla
2.9%
Meta Platforms, Cl A
2.9%
FootnoteDescription
Footnote(A)
Short-Term Investments are not shown in the top ten chart.

Additional Information

For additional information about the Fund, including its prospectus, financial information, holdings, and proxy voting information, call or visit:

  • 1-888-493-8631 

  • https://www.globalxetfs.com/funds/NYSX/ 

Image

GX-SA-NYSX-2026

(b) Not applicable.

 

Item 2. Code of Ethics.

 

Not applicable for semi-annual report.

 

Item 3. Audit Committee Financial Expert.

 

Not applicable for semi-annual report.

 

Item 4. Principal Accountant Fees and Services.

 

Not applicable for semi-annual report.

 

Item 5. Audit Committee of Listed Registrants.

 

Not applicable for semi-annual report.

 

Item 6. Schedule of Investments.

 

(a) The Schedules of Investments and Consolidated Schedules of Investments are included as part of the financial statements and financial highlights filed under Item 7 of this form.

 

(b) Not applicable.

 

Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.

 

Financial statements and financial highlights are filed herein.

 

 

 

Global X Lithium & Battery Tech ETF (ticker: LIT)
Global X SuperDividend® ETF (ticker: SDIV)
Global X Social Media ETF (ticker: SOCL)
Global X Guru® Index ETF (ticker: GURU)
Global X SuperIncome® Preferred ETF (ticker: SPFF)
Global X SuperDividend® U.S. ETF (ticker: DIV)
Global X MSCI SuperDividend® Emerging Markets ETF (ticker: SDEM)
Global X SuperDividend® REIT ETF (ticker: SRET)
Global X Renewable Energy Producers ETF (ticker: RNRG)
Global X S&P 500® Catholic Values ETF (ticker: CATH)
Global X MSCI SuperDividend® EAFE ETF (ticker: EFAS)
Global X E-commerce ETF (ticker: EBIZ)
Global X S&P Catholic Values Developed ex-U.S. ETF (ticker: CEFA)
Global X NASDAQ 100® Tail Risk ETF (ticker: QTR)
Global X NASDAQ 100® Collar 95-110 ETF (ticker: QCLR)
Global X S&P 500® Tail Risk ETF (ticker: XTR)
Global X S&P 500® Collar 95-110 ETF (ticker: XCLR)
Global X Rare Earth & Critical Materials ETF (ticker: EART) (formerly, Global X Disruptive Materials ETF)
Global X Russell 2000 ETF (ticker: RSSL)
Global X U.S. Electrification ETF (ticker: ZAP)
Global X S&P 500® U.S. Market Leaders Top 50 ETF (ticker: FLAG)
Global X S&P 500® U.S. Revenue Leaders ETF (ticker: EGLE)
Global X S&P 500® Christian Values ETF (ticker: CHRI)
Global X NYSE® 100 ETF (ticker: NYSX)

 

Semi-Annual Financials and Other Information

April 30, 2026

 

 

Table of Contents

 

 

Financial Statements (Form N-CSRS Item 7)  
Schedules of Investments  
Global X Lithium & Battery Tech ETF 1
Global X SuperDividend® ETF 6
Global X Social Media ETF 16
Global X Guru® Index ETF 21
Global X SuperIncome® Preferred ETF 26
Global X SuperDividend® U.S. ETF 29
Global X MSCI SuperDividend® Emerging Markets ETF 34
Global X SuperDividend® REIT ETF 42
Global X Renewable Energy Producers ETF 45
Global X S&P 500® Catholic Values ETF 50
Global X MSCI SuperDividend® EAFE ETF 64
Global X E-commerce ETF 69
Global X S&P Catholic Values Developed ex-US ETF 74
Global X NASDAQ 100® Tail Risk ETF 94
Global X NASDAQ 100® Collar 95-110 ETF 99
Global X S&P 500® Tail Risk ETF 105
Global X S&P 500® Collar 95-110 ETF 120
Global X Rare Earth & Critical Materials ETF 136
Global X Russell 2000 ETF 140
Global X U.S. Electrification ETF  197
Global X S&P 500® U.S. Market Leaders Top 50 ETF 199
Global X S&P 500® U.S. Revenue Leaders ETF 202
Global X S&P 500® Christian Values ETF 213
Global X NYSE® 100 ETF 227
Glossary 232
Statements of Assets and Liabilities 233
Statements of Operations 241
Statements of Changes 247
Financial Highlights 259
Notes to Financial Statements 275
Other Information (Form N-CSR Items 8-11) 305

 

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

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — 100.1%          
AUSTRALIA — 27.2%          
Materials — 27.2%          
Elevra Lithium *(A)   805,115   $7,860,597 
ESG Minerals *(B)   397,586     
European Lithium *(A)   8,216,497    2,333,360 
IGO *   3,642,742    19,458,756 
ioneer *(A)   12,942,256    1,163,102 
Liontown *   11,035,609    18,644,984 
Mineral Resources *   918,804    42,085,097 
PLS Group *   15,872,042    68,695,319 
Rio Tinto PLC ADR   3,898,761    391,747,505 
Vulcan Energy Resources *(A)   1,715,299    4,772,530 
           
TOTAL AUSTRALIA        556,761,250 
BRAZIL — 0.3%          
Materials — 0.3%          
Sigma Lithium *   298,863    6,595,906 
           
CANADA — 1.3%          
Materials — 1.3%          
Lithium Americas *(A)   1,742,169    9,983,777 
Lithium Argentina *(A)   752,500    7,640,548 
PMET Resources *(A)   836,500    3,669,021 
Standard Lithium *(A)   1,172,784    4,540,865 
           
TOTAL CANADA        25,834,211 
CHILE — 3.5%          
Materials — 3.5%          
Sociedad Quimica y Minera de Chile ADR *   769,014    70,880,020 
           
CHINA — 34.3%          
Consumer Discretionary — 3.4%          
BYD, Cl H    5,375,021    70,328,981 
           
Industrials — 11.9%          
Contemporary Amperex Technology, Cl A   1,168,709    74,580,067 
Eve Energy, Cl A   7,247,072    76,996,196 
Jiangxi Special Electric Motor, Cl A *   7,306,140    17,162,989 

 

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

1

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Sunwoda Electronic, Cl A   7,129,691   $28,623,742 
Wuxi Lead Intelligent Equipment, Cl A    5,599,110    45,252,783 
         242,615,777 
Information Technology — 4.3%          
NAURA Technology Group, Cl A    1,120,440    88,061,220 
           
Materials — 14.7%          
Ganfeng Lithium Group, Cl A   5,744,232    74,556,850 
Guangzhou Tinci Materials Technology, Cl A    6,779,185    60,039,150 
Shanghai Putailai New Energy Technology, Cl A   5,120,108    27,180,446 
Sinomine Resource Group, Cl A    3,183,656    42,305,228 
Tianqi Lithium, Cl A *   5,207,373    60,996,006 
Yunnan Energy New Material, Cl A *   2,903,259    35,247,804 
         300,325,484 
TOTAL CHINA        701,331,462 
FRANCE — 0.1%          
Materials — 0.1%          
Eramet (A)   46,120    3,164,907 
           
JAPAN — 8.5%          
Consumer Discretionary — 4.1%          
Panasonic Holdings   4,132,260    84,462,071 
           
Information Technology — 4.4%          
TDK    4,875,120    89,923,961 
           
TOTAL JAPAN        174,386,032 
NETHERLANDS — 0.4%          
Materials — 0.4%          
AMG Critical Materials   187,439    7,867,126 
           
SOUTH KOREA — 12.3%          
Industrials — 6.8%          
Ecopro    286,381    39,775,139 
L&F *   154,241    20,288,848 

 

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

2

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Lithium & Battery Tech ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
LG Energy Solution *   255,051   $79,187,557 
         139,251,544 
Information Technology — 5.5%          
Samsung SDI *   239,546    112,246,811 
           
TOTAL SOUTH KOREA        251,498,355 
UNITED STATES — 12.2%          
Consumer Discretionary — 4.0%          
Lucid Group, Cl A *(A)   982,796    6,260,411 
Tesla *   199,921    76,295,851 
         82,556,262 
Industrials — 2.1%          
EnerSys   196,627    41,932,674 
           
Materials — 6.1%          
Albemarle    636,554    125,210,172 
           
TOTAL UNITED STATES        249,699,108 
TOTAL COMMON STOCK
(Cost $1,326,222,909)
        2,048,018,377 
          
   Face Amount      
REPURCHASE AGREEMENTS(C) — 0.6%          
Citadel Securities LLC
3.710%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $2,183,735 (collateralized by various U.S. Treasury Obligations, ranging in par value $150 - $189,533, 0.000% - 6.750%, 05/15/2026 - 02/15/2056, with a total market value of $2,220,968)
  $2,183,510    2,183,510 

 

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

3

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Lithium & Battery Tech ETF

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(C) — continued          
Citigroup Global Markets, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $2,955,294 (collateralized by various U.S. Government Obligations, ranging in par value $4,244 - $1,310,441, 3.500% - 6.050%, 04/09/2027 - 12/15/2060, with a total market value of $3,004,176)
  $2,954,994   $2,954,994 
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $2,955,294 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $781 - $1,231,762, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $3,002,177)
   2,954,994    2,954,994 
Deutsche Bank Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $755,521 (collateralized by various U.S. Treasury Obligations, ranging in par value $118,156 - $820,816, 3.000% - 3.250%, 05/15/2042 - 02/15/2048, with a total market value of $757,597)
   755,445    755,445 
RBC Dominion Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $2,955,293 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $2,816 - $2,934,627, 0.000% - 5.000%, 08/18/2026 - 02/01/2056, with a total market value of $2,994,323)
   2,954,994    2,954,994 

 

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

4

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Lithium & Battery Tech ETF

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(C) — continued          
Standard Chartered Bank
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $770,586 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $2,367 - $643,097, 0.125% - 5.000%, 05/31/2028 - 03/20/2056, with a total market value of $783,063)
  $770,508   $770,508 
TOTAL REPURCHASE AGREEMENTS
(Cost $12,574,445)
        12,574,445 
TOTAL INVESTMENTS — 100.7%
(Cost $1,338,797,354)
       $2,060,592,822 

 

Percentages are based on Net Assets of $2,046,904,155.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $25,359,353.
(B) Level 3 security in accordance with fair value hierarchy.
(C) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $12,574,445. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $12,860,269.

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3(1)   Total 
Common Stock  $2,048,018,377   $   $^  $2,048,018,377 
Repurchase Agreements       12,574,445        12,574,445 
Total Investments in Securities  $2,048,018,377   $12,574,445   $   $2,060,592,822 

 

(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.
^ Includes Securities in which the fair value is $0 or has been rounded to $0.

 

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   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — 92.8%          
AUSTRALIA — 0.9%          
Industrials — 0.9%          
McMillan Shakespeare (A)   1,040,120   $11,792,693 
           
BRAZIL — 10.8%          
Consumer Discretionary — 3.4%          
Cyrela Brazil Realty Empreendimentos e Participacoes   2,105,100    9,924,695 
Direcional Engenharia   3,983,900    10,274,790 
Grendene   13,493,600    11,862,148 
Vulcabras    3,599,360    11,399,707 
         43,461,340 
Consumer Staples — 1.0%          
MBRF Global Foods   3,416,400    11,951,640 
           
Energy — 1.2%          
Petroreconcavo S    5,944,700    15,463,092 
           
Financials — 1.0%          
BB Seguridade Participacoes    1,891,300    12,860,719 
           
Health Care — 1.3%          
Odontoprev    5,444,200    16,663,465 
           
Industrials — 0.8%          
Tegma Gestao Logistica    1,612,500    10,324,091 
           
Information Technology — 1.2%          
Intelbras Industria de Telecomunicacao Eletronica Brasileira    5,172,400    14,814,176 
           
Materials — 0.9%          
Vale    732,500    11,934,881 
           
TOTAL BRAZIL        137,473,404 

 

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

6

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
CHINA — 4.9%          
Consumer Discretionary — 0.6%          
Brilliance China Automotive Holdings    23,044,000   $7,971,819 
           
Consumer Staples — 0.8%          
Sun Art Retail Group   55,592,300    10,360,907 
           
Industrials — 1.8%          
COSCO SHIPPING Holdings, Cl H (A)   6,999,700    12,866,849 
Greentown Management Holdings (A)   33,089,700    9,461,743 
         22,328,592 
Real Estate — 1.7%          
C&D International Investment Group   6,214,932    11,765,431 
Sunac Services Holdings (A)   70,923,200    9,506,221 
         21,271,652 
TOTAL CHINA        61,932,970 
FRANCE — 2.0%          
Communication Services — 1.1%          
Metropole Television (A)   897,609    13,667,142 
           
Real Estate — 0.9%          
ICADE    501,568    12,037,914 
           
TOTAL FRANCE        25,705,056 
GREECE — 0.7%          
Consumer Discretionary — 0.7%          
Allwyn   627,356    8,904,617 
           
HONG KONG — 2.7%          
Industrials — 1.0%          
Orient Overseas International    708,000    12,336,620 
           
Information Technology — 1.7%          
PAX Global Technology   20,435,200    10,173,580 

 

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

7

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
VTech Holdings   1,507,920   $11,607,158 
         21,780,738 
TOTAL HONG KONG        34,117,358 
INDONESIA — 3.2%          
Energy — 3.2%          
Alamtri Resources   93,357,200    13,590,996 
Bukit Asam   81,275,700    13,475,521 
Indo Tambangraya Megah    9,353,600    14,400,545 
           
TOTAL INDONESIA        41,467,062 
IRELAND — 1.1%          
Utilities — 1.1%          
Greencoat Renewables PLC (A)   14,974,659    13,525,816 
           
ISRAEL — 2.2%          
Energy — 1.0%          
Energean PLC (A)   1,051,442    12,765,836 
           
Industrials — 1.2%          
ZIM Integrated Shipping Services   555,764    14,694,400 
           
TOTAL ISRAEL        27,460,236 
KAZAKHSTAN — 1.0%          
Financials — 1.0%          
Halyk Savings Bank of Kazakhstan JSC GDR    382,579    13,122,460 
           
KUWAIT — 2.0%          
Communication Services — 1.1%          
Mobile Telecommunications KSCP   7,336,886    13,600,081 
           
Consumer Discretionary — 0.9%          
Humansoft Holding KSC   1,457,870    11,383,239 
           
TOTAL KUWAIT        24,983,320 

 

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

8

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
MEXICO — 0.9%          
Financials — 0.9%          
Banco del Bajio    3,822,000   $11,933,929 
           
NEW ZEALAND — 0.9%          
Communication Services — 0.9%          
Spark New Zealand (A)   9,438,727    11,558,691 
           
NORWAY — 8.4%          
Energy — 6.2%          
Aker BP    429,167    16,635,953 
DNO   7,661,033    16,330,734 
FLEX LNG (A)   473,814    15,365,788 
SFL, Cl B   1,195,579    13,785,026 
Var Energi    3,484,187    17,577,118 
         79,694,619 
Industrials — 2.2%          
Hoegh Autoliners   1,044,329    14,874,722 
Wallenius Wilhelmsen, Cl B    990,393    12,626,643 
         27,501,365 
TOTAL NORWAY        107,195,984 
RUSSIA — 0.0%          
Materials — 0.0%          
Magnitogorsk Iron & Steel Works PJSC *(B)   6,332,020     
PhosAgro PJSC GDR *(B)   119     
Severstal PAO *(B)   312,897     
          
Utilities — 0.0%          
Unipro PJSC *(B)   209,143,887     
           
TOTAL RUSSIA         
SINGAPORE — 0.9%          
Real Estate — 0.9%          
ESR-REIT    6,311,500    11,993,114 

 

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

9

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
SOUTH AFRICA — 3.1%          
Energy — 2.3%          
Exxaro Resources    1,055,966   $13,905,239 
Thungela Resources (A)   1,737,660    15,113,480 
         29,018,719 
Materials — 0.8%          
Kumba Iron Ore (A)   538,450    10,075,141 
           
TOTAL SOUTH AFRICA        39,093,860 
SPAIN — 2.0%          
Communication Services — 1.0%          
Atresmedia de Medios de Comunicacion   2,037,728    12,382,028 
           
Real Estate — 1.0%          
Metrovacesa (A)   955,253    13,357,047 
           
TOTAL SPAIN        25,739,075 
TAIWAN — 1.9%          
Industrials — 1.9%          
Evergreen Marine Taiwan   2,086,200    13,300,270 
Yang Ming Marine Transport   7,250,000    11,246,429 
           
TOTAL TAIWAN        24,546,699 
THAILAND — 2.7%          
Consumer Staples — 1.8%          
Thaifoods Group NVDR    74,453,500    22,840,249 
           
Real Estate — 0.9%          
Sansiri NVDR    261,054,800    11,211,802 
           
TOTAL THAILAND        34,052,051 
UNITED KINGDOM — 6.1%          
Communication Services — 1.0%          
WPP PLC   3,321,159    12,058,562 

 

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

10

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — 0.6%          
Taylor Wimpey PLC    7,715,428   $8,158,694 
           
Energy — 2.6%          
Harbour Energy PLC   4,045,233    16,105,735 
Ithaca Energy PLC   4,749,132    17,436,888 
         33,542,623 
Financials — 1.9%          
Legal & General Group PLC    3,367,879    11,518,849 
Standard Life PLC    1,217,107    12,503,165 
         24,022,014 
TOTAL UNITED KINGDOM        77,781,893 
UNITED STATES — 34.4%          
Communication Services — 1.1%          
Playtika Holding   3,743,008    13,680,694 
           
Energy — 1.2%          
Nordic American Tankers    2,712,445    15,135,443 
           
Financials — 23.7%          
Adamas Trust    1,517,924    13,630,958 
AGNC Investment    1,083,058    11,935,299 
Annaly Capital Management    533,117    12,208,379 
Apollo Commercial Real Estate Finance    1,159,554    12,685,521 
Arbor Realty Trust    1,598,190    12,625,701 
ARMOUR Residential REIT    672,924    11,803,087 
Blackstone Mortgage Trust, Cl A    630,222    11,967,916 
BrightSpire Capital    2,134,678    12,381,132 
Chimera Investment    874,608    12,025,860 
Dynex Capital    878,152    11,960,430 
Ellington Financial    951,657    12,609,455 
Franklin BSP Realty Trust    1,391,472    12,662,395 
GQG Partners, Cl CDI (A)   10,071,906    11,875,540 
Invesco Mortgage Capital    1,416,540    11,516,470 
Ladder Capital, Cl A    1,186,370    12,195,884 
MFA Financial    1,245,148    12,762,767 
Orchid Island Capital, Cl A    1,638,522    11,518,810 
PennyMac Mortgage Investment Trust    967,717    11,786,793 

 

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

11

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Redwood Trust    1,868,661   $10,389,755 
Rithm Capital    1,157,234    11,317,749 
Starwood Property Trust    681,490    12,512,156 
TFS Financial (A)   824,817    12,405,248 
TPG RE Finance Trust    1,391,472    11,771,853 
Two Harbors Investment    1,080,216    12,498,099 
Western Union (A)   1,282,755    11,660,243 
         302,707,500 
Industrials — 0.6%          
Alight, Cl A    9,490,808    7,852,695 
           
Real Estate — 7.8%          
Alexander’s    52,761    13,293,661 
Armada Hoffler Properties REIT ‡   1,787,298    10,884,645 
Brandywine Realty Trust    3,883,091    11,765,766 
Community Healthcare Trust    699,440    12,044,357 
Easterly Government Properties    514,946    12,054,886 
Global Net Lease    1,245,026    11,902,448 
Innovative Industrial Properties    268,110    14,544,967 
Park Hotels & Resorts    1,099,510    12,611,380 
         99,102,110 
TOTAL UNITED STATES        438,478,442 
TOTAL COMMON STOCK
(Cost $1,155,826,474)
        1,182,858,730 
           
PREFERRED STOCK — 6.4%          
BRAZIL— 6.4%          
Energy — 1.4%          
Petroleo Brasileiro (C)   1,748,400    17,222,919 
Financials — 1.0%          
Itausa (C)   4,417,800    12,342,601 
Industrials — 1.0%          
Marcopolo (C)   10,141,400    13,189,682 
Materials — 1.9%          
Bradespar (C)   2,679,000    12,334,670 
Unipar Carbocloro (C)   967,900    12,168,685 
         24,503,355 

 

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

12

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Shares   Value 
PREFERRED STOCK — continued          
Utilities — 1.1%          
Cia Energetica de Minas Gerais (C)   5,520,700   $13,894,826 
TOTAL BRAZIL        81,153,383 
TOTAL PREFERRED STOCK
(Cost $68,645,817)
        81,153,383 
          
   Face Amount      
REPURCHASE AGREEMENTS(D) — 4.1%          
Citigroup Global Markets, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $12,375,451 (collateralized by various U.S. Government Obligations, ranging in par value $17,774 - $5,487,543, 3.500% - 6.050%, 04/09/2027 - 12/15/2060, with a total market value of $12,580,150)
  $12,374,196    12,374,196 
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $12,375,451 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $3,272 - $5,158,071, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $12,571,777)
   12,374,196    12,374,196 
JP Morgan Securities LLC
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $2,765,044 (collateralized by various U.S. Government Obligations, ranging in par value $3,041 - $890,557, 3.500% - 7.000%, 08/01/2040 - 05/01/2056, with a total market value of $2,807,072)
   2,764,764    2,764,764 
Nomura Securities International, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $12,375,451 (collateralized by various U.S. Government Obligations, ranging in par value $6,707 - $2,096,907, 2.500% - 6.500%, 09/01/2028 - 09/01/2062, with a total market value of $12,566,780)
   12,374,196    12,374,196 

 

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

13

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(D) — continued          
RBC Dominion Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $12,375,447 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $11,793 - $12,288,909, 0.000% - 5.000%, 08/18/2026 - 02/01/2056, with a total market value of $12,538,889)
  $12,374,196   $12,374,196 
Standard Chartered Bank
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $394,647 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $1,212 - $329,355, 0.125% - 5.000%, 05/31/2028 - 03/20/2056, with a total market value of $401,037)
   394,607    394,607 
TOTAL REPURCHASE AGREEMENTS
(Cost $52,656,155)
        52,656,155 
TOTAL INVESTMENTS — 103.3%
(Cost $1,277,128,446)
       $1,316,668,268 

 

Percentages are based on Net Assets of $1,274,927,892.

 

A list of the open futures contracts held by the Fund at April 30, 2026, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
Appreciation
 
Long Contracts                      
MSCI EAFE Index  31  Jun-2026  $4,571,351   $4,721,455   $150,104 
S&P Mid Cap 400 Index E-Mini  7  Jun-2026   2,420,860    2,555,840    134,980 
         $6,992,211   $7,277,295   $285,084 

 

* Non-income producing security.
Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $67,587,287.
(B) Level 3 security in accordance with fair value hierarchy.
(C) There is currently no stated interest rate.

 

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

14

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® ETF

 

(D) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $52,656,155. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $17,728,563.

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments and other financial instruments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3(1)  Total 
Common Stock  $1,182,858,730   $   $^  $1,182,858,730 
Preferred Stock   81,153,383            81,153,383 
Repurchase Agreements       52,656,155        52,656,155 
Total Investments in Securities  $1,264,012,113   $52,656,155   $   $1,316,668,268 
                     
Other Financial Instruments   Level 1    Level 2    Level 3   Total 
Futures Contracts*                    
Unrealized Appreciation  $285,084   $   $   $285,084 
Total Other Financial Instruments  $285,084   $   $   $285,084 

 

(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.
^ Includes Securities in which the fair value is $0 or has been rounded to $0.

 

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.

15

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — 99.6%          
AUSTRALIA — 1.5%          
Information Technology — 1.5%          
Life360, CDI *   93,047   $1,350,630 
           
CHINA — 35.1%          
Communication Services — 34.5%          
Baidu ADR *(A)   36,754    4,650,484 
Bilibili ADR *(A)   136,801    3,013,726 
Hello Group ADR   44,005    274,591 
HUYA ADR (A)   28,577    89,732 
JOYY ADR   11,357    669,949 
Kuaishou Technology, Cl B   1,159,488    6,349,709 
Meitu (A)   1,445,200    767,452 
NetEase ADR   38,819    4,561,621 
Newborn Town *   221,600    261,097 
Tencent Holdings   146,427    8,744,031 
Tencent Music Entertainment Group ADR   231,019    2,118,444 
Weibo ADR (A)   34,853    293,114 
         31,793,950 
Consumer Staples — 0.6%          
East Buy Holding *(A)   179,200    590,643 
           
TOTAL CHINA        32,384,593 
GERMANY — 1.1%          
Communication Services — 1.1%          
United Internet   32,214    1,009,711 
           
JAPAN — 3.9%          
Communication Services — 3.9%          
Anycolor   12,008    210,880 
DeNA   24,006    388,802 
giftee   7,176    52,296 
Gree   21,787    50,330 
Kakaku.com   49,705    831,351 
MIXI   13,430    222,312 
Nexon   105,559    1,780,030 

 

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

16

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
note inc *   3,100   $47,952 
           
TOTAL JAPAN        3,583,953 
SINGAPORE — 0.2%          
Communication Services — 0.2%          
Grindr *(A)   14,709    196,659 
           
SOUTH KOREA — 13.5%          
Communication Services — 13.5%          
Com2uSCorp   3,492    77,105 
Kakao   124,510    3,970,687 
NAVER   58,462    8,316,803 
SOOP   2,903    114,304 
           
TOTAL SOUTH KOREA        12,478,899 
UNITED ARAB EMIRATES — 0.0%          
Communication Services — 0.0%          
Yalla Group ADR *   7,002    46,773 
           
UNITED KINGDOM — 0.5%          
Communication Services — 0.5%          
Trustpilot Group PLC *   131,285    464,543 
           
UNITED STATES — 43.8%          
Communication Services — 43.1%          
Alphabet, Cl A   13,676    5,262,525 
Angi, Cl A *   11,552    84,792 
Bumble, Cl A *   29,228    121,296 
IAC *   25,797    1,149,514 
Match Group   94,277    3,527,845 
Meta Platforms, Cl A   14,293    8,746,030 
Nextdoor Holdings *   97,086    155,338 
Pinterest, Cl A *   225,973    4,442,629 
Reddit, Cl A *   55,037    8,103,098 
Rumble *(A)   44,297    333,556 
Snap, Cl A *   446,499    2,710,249 
Spotify Technology *   8,647    3,861,318 

 

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

17

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Social Media ETF

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
Trump Media & Technology Group *   64,844   $593,323 
Yelp, Cl A *   23,299    643,052 
         39,734,565 
Consumer Discretionary — 0.2%          
Groupon, Cl A *(A)   10,233    145,411 
           
Industrials — 0.1%          
Fiverr International *   12,163    141,577 
           
Information Technology — 0.4%          
Sprinklr, Cl A *(A)   48,185    237,070 
Sprout Social, Cl A *   21,400    128,400 
         365,470 
TOTAL UNITED STATES        40,387,023 
TOTAL COMMON STOCK
(Cost $130,037,086)
        91,902,784 
             
   Face Amount         
REPURCHASE AGREEMENTS(B) — 8.0%          
Citadel Securities LLC
3.710%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $1,725,014 (collateralized by various U.S. Treasury Obligations, ranging in par value $118 - $149,719, 0.000% - 6.750%, 05/15/2026 - 02/15/2056, with a total market value of $1,754,425)
  $1,724,836    1,724,836 
Citigroup Global Markets, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $440,431 (collateralized by various U.S. Treasury Obligations, ranging in par value $18,577 - $433,652, 1.250% - 3.500%, 06/30/2028 - 02/15/2029, with a total market value of $446,014)
   440,386    440,386 

 

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

18

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Social Media ETF

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(B) — continued          
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $1,725,011 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $456 - $718,982, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $1,752,377)
  $1,724,836   $1,724,836 
Natwest Markets Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $1,725,010 (collateralized by various U.S. Treasury Obligations, ranging in par value $247 - $246,038, 0.375% - 5.000%, 05/15/2026 - 08/15/2055, with a total market value of $1,736,069)
   1,724,836    1,724,836 
RBC Dominion Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $1,725,010 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $1,644 - $1,712,948, 0.000% - 5.000%, 08/18/2026 - 02/01/2056, with a total market value of $1,747,792)
   1,724,836    1,724,836 
TOTAL REPURCHASE AGREEMENTS
(Cost $7,339,730)
        7,339,730 
TOTAL INVESTMENTS — 107.6%
(Cost $137,376,816)
       $99,242,514 

 

Percentages are based on Net Assets of $92,239,613.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $8,182,543.
(B) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $7,339,730. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $786,795.

 

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

19

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Social Media ETF

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $91,902,784   $   $   $91,902,784 
Repurchase Agreements       7,339,730        7,339,730 
Total Investments in Securities  $91,902,784   $7,339,730   $   $99,242,514 

 

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 April 30, 2026 (Unaudited)
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — 100.0%          
BRAZIL — 0.9%          
Financials — 0.9%          
NU Holdings, Cl A *   37,073   $536,817 
           
CANADA — 3.8%          
Consumer Discretionary — 1.3%          
Restaurant Brands International   9,278    748,549 
           
Information Technology — 1.5%          
Celestica *   2,192    897,822 
           
Materials — 1.0%          
Triple Flag Precious Metals   17,776    567,232 
           
TOTAL CANADA        2,213,603 
CHINA — 0.9%          
Consumer Discretionary — 0.9%          
Alibaba Group Holding ADR   4,101    540,840 
           
FRANCE — 1.0%          
Health Care — 1.0%          
Abivax ADR *   5,013    588,426 
           
IRELAND — 1.0%          
Industrials — 1.0%          
AerCap Holdings   4,126    586,758 
           
NETHERLANDS — 0.9%          
Health Care — 0.9%          
Newamsterdam Pharma *   17,865    510,224 
           
NORWAY — 0.8%          
Industrials — 0.8%          
T1 Energy *   98,535    472,968 

 

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

21

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued          
SWITZERLAND — 0.9%          
Consumer Discretionary — 0.9%          
Sportradar Group, Cl A *   37,165   $485,003 
           
UNITED STATES — 89.8%          
Communication Services — 7.6%          
Alphabet, Cl A   2,106    810,389 
EchoStar, Cl A *(A)   5,561    684,781 
Electronic Arts   3,179    643,334 
Meta Platforms, Cl A   993    607,627 
Stubhub Holdings, Cl A *   71,440    520,798 
TKO Group Holdings, Cl A   2,995    557,340 
Warner Bros Discovery *   22,190    600,239 
         4,424,508 
Consumer Discretionary — 7.7%          
Amazon.com *   3,120    826,987 
Carvana, Cl A *   1,761    697,004 
Expedia Group   3,135    778,640 
Green Brick Partners *   8,022    541,004 
Lithia Motors, Cl A   2,094    607,511 
Planet Fitness, Cl A *   6,780    452,023 
Tesla *   1,553    592,671 
         4,495,840 
Consumer Staples — 3.3%          
Albertsons, Cl A   35,257    594,080 
Maplebear *   17,595    745,148 
Post Holdings *   5,902    618,235 
         1,957,463 
Energy — 2.4%          
Expand Energy   6,419    655,701 
Targa Resources   2,807    730,044 
         1,385,745 
Financials — 10.6%          
American Express   1,839    594,089 
Blackrock   585    623,376 
Interactive Brokers Group, Cl A   8,499    675,671 

 

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

22

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Janus Henderson Group PLC   13,033   $672,633 
JPMorgan Chase   2,061    645,567 
MarketAxess Holdings   3,614    568,085 
Mastercard, Cl A   1,210    608,533 
Morgan Stanley   3,604    686,886 
Shift4 Payments, Cl A *(A)   10,763    476,586 
Visa, Cl A   1,987    655,392 
         6,206,818 
Health Care — 20.3%          
Apogee Therapeutics *   9,059    750,900 
Arcutis Biotherapeutics *   23,918    555,376 
Boston Scientific *   8,375    482,484 
Caris Life Sciences *   30,350    576,650 
Corcept Therapeutics *   16,044    746,367 
CVS Health   8,187    681,895 
Eli Lilly   626    585,060 
Henry Schein *   8,187    610,668 
Immunovant *   23,885    648,358 
Incyte *   6,203    590,960 
Krystal Biotech *   2,247    589,298 
Kymera Therapeutics *   7,506    608,511 
Madrigal Pharmaceuticals *   1,300    672,607 
Natera *   2,954    608,997 
Nuvalent, Cl A *   6,241    625,847 
PTC Therapeutics *   9,268    602,976 
Rhythm Pharmaceuticals *   6,307    513,138 
Scholar Rock Holding *   13,555    631,799 
United Therapeutics *   1,342    766,752 
         11,848,643 
Industrials — 12.8%          
Atkore   9,588    749,302 
Avis Budget Group *   5,181    936,051 
Bloom Energy, Cl A *   4,048    1,147,041 
CoreCivic *   34,296    701,696 
HEICO, Cl A   2,476    517,534 
Howmet Aerospace   2,562    622,669 
Modine Manufacturing *   2,937    747,848 

 

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

23

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Guru® Index ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Quanta Services   1,230   $895,157 
Uber Technologies *   8,779    655,001 
United Airlines Holdings *   5,464    491,760 
         7,464,059 
Information Technology — 18.5%          
Apple   2,417    655,853 
AppLovin, Cl A *   1,580    705,233 
Arista Networks *   4,578    790,666 
Broadcom   1,916    799,796 
CoreWeave, Cl A *   6,669    744,260 
Dynatrace *   17,541    635,160 
Fair Isaac *   466    477,650 
First Solar *   2,668    538,643 
Guidewire Software *   4,959    686,276 
Lumentum Holdings *   1,071    966,385 
Microsoft   1,599    652,040 
NVIDIA   3,399    678,338 
Qorvo *   7,600    716,072 
Salesforce   3,402    600,555 
Sandisk *   1,060    1,162,301 
         10,809,228 
Materials — 2.1%          
Linde PLC   1,316    659,500 
Sherwin-Williams   1,747    561,853 
         1,221,353 
Utilities — 4.5%          
Constellation Energy   2,164    677,332 
Eversource Energy   8,908    629,796 
Southwest Gas Holdings   7,374    693,525 
Talen Energy *   1,680    625,665 
         2,626,318 
TOTAL UNITED STATES        52,439,975 
TOTAL COMMON STOCK
(Cost $54,403,041)
        58,374,614 

 

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

24

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Guru® Index ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(B)(C) — 1.5%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 3.580%
(Cost $880,926) 
   880,926   $880,926 
TOTAL INVESTMENTS — 101.5%
(Cost $55,283,967)
       $59,255,540 

 

Percentages are based on Net Assets of $58,383,894.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $870,755.
(B) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $880,926. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $0.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2026.

 

As of April 30, 2026, 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.

25

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X SuperIncome® Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — 99.4%          
UNITED STATES— 99.4%          
Consumer Discretionary — 3.2%          
Ford Motor, 6.500%   104,449   $2,304,145 
Whirlpool, 8.500%   45,581    1,903,007 
         4,207,152 
Financials — 59.1%          
AGNC Investment, 8.750%    59,950    1,531,723 
Allstate, 7.375%    104,681    2,741,595 
Annaly Capital Management, 8.875%    46,684    1,221,720 
Apollo Global Management, 7.625%, H15T5Y + 3.226% (A)   41,382    1,063,517 
Apollo Global Management, 6.750%   48,096    3,161,350 
Ares Management, 6.750%   122,905    4,822,792 
Athene Holding, 7.750%, H15T5Y + 3.962% (A)   86,450    2,208,798 
Athene Holding, 6.350%, TSFR3M + 4.253% (A)   150,060    3,653,961 
Bank of America, 7.250%   3,327    4,068,156 
Bank of New York Mellon, 6.150%, H15T5Y + 2.161% (A)   86,934    2,219,425 
Citigroup, 6.250%   139,413    3,534,120 
Citizens Financial Group, 6.500%, H15T5Y + 2.629% (A)   69,409    1,749,801 
Corebridge Financial, 6.375%   104,538    2,503,685 
F&G Annuities & Life, 7.300%    64,462    1,385,288 
Fifth Third Bancorp, 6.875%, H15T5Y + 3.125% (A)   69,870    1,803,345 
First Citizens BancShares, 6.625%, H15T5Y + 2.830% (A)   69,574    1,752,569 
Flagstar Bank, 6.375%, US0003M + 3.821% (A)    90,044    2,071,012 
KeyCorp, 6.200%, H15T5Y + 3.132% (A)   104,570    2,634,118 
KKR, 6.875%    35,258    884,623 
KKR, 6.250%    74,686    3,314,565 
Lincoln National, 9.000%   87,151    2,306,887 
M&T Bank, 7.500%   131,555    3,498,047 
M&T Bank, 6.350%   78,459    1,966,967 
Morgan Stanley, 6.625%   53,192    1,359,588 
Morgan Stanley, 6.500%   53,384    1,349,014 
Morgan Stanley, 5.850%   53,282    1,289,424 
Pinnacle Financial Partners, 8.397%, H15T5Y + 4.127% (A)   60,652    1,589,082 

 

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

26

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X SuperIncome® Preferred ETF

 

   Shares   Value 
PREFERRED STOCK — continued          
Financials — continued          
Regions Financial, 6.950%, H15T5Y + 2.771% (A)   87,209   $2,244,760 
Regions Financial, 5.700%, TSFR3M + 3.410% (A)   86,252    2,142,500 
Shift4 Payments, 6.000%   42,788    2,395,272 
Synchrony Financial, 8.250%, H15T5Y + 4.044% (A)   88,028    2,315,136 
Wells Fargo, 7.500%    3,423    4,076,143 
Wintrust Financial, 7.875%, H15T5Y + 3.878% (A)   74,150    1,964,234 
         76,823,217 
Health Care — 2.6%          
Bruker, 6.375%   11,708    3,432,434 
Industrials — 2.1%          
QXO, 5.500%   49,222    2,784,981 
Information Technology — 15.0%          
Hewlett Packard Enterprise, 7.625%    59,378    4,549,542 
Microchip Technology, 7.500%   62,229    4,895,556 
Oracle, 6.500%   77,982    3,795,384 
Strategy, 10.000% (B)   23,537    2,376,060 
Strategy, 10.000% (B)   24,015    1,845,553 
Strategy, 8.000%   26,314    2,058,807 
         19,520,902 
Materials — 2.9%          
Albemarle, 7.250%    48,943    3,814,617 
Utilities — 14.5%          
DTE Energy, 6.250%    104,701    2,592,397 
NextEra Energy Capital Holdings, 6.500%   153,986    3,942,042 
PG&E, 6.000%   139,765    5,878,516 
SCE Trust VII, 7.500%   95,996    2,421,979 
SCE Trust VIII, 6.950%   60,684    1,452,168 
Southern, 6.500%   98,377    2,508,613 
         18,795,715 
TOTAL UNITED STATES        129,379,018 
TOTAL PREFERRED STOCK
(Cost $127,964,729)
        129,379,018 

 

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

27

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X SuperIncome® Preferred ETF

 

   Shares   Value 
SHORT-TERM INVESTMENT(C)(D) — 1.8%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 3.580%
(Cost $2,301,600)
   2,301,600   $2,301,600 
TOTAL INVESTMENTS — 101.2%
(Cost $130,266,329)
       $131,680,618 

 

Percentages are based on Net Assets of $130,060,462.

 

Real Estate Investment Trust
(A) Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; or by adjusting periodically based on prevailing interest rates.
(B) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $2,264,245.
(C) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $2,301,600. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $0.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2026.

 

As of April 30, 2026, 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.

28

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X SuperDividend® U.S. ETF  

 

   Shares   Value 
COMMON STOCK — 83.3%          
GREECE — 2.8%          
Energy — 2.8%          
Tsakos Energy Navigation    524,208   $21,324,781 
           
GUATEMALA — 2.6%          
Communication Services — 2.6%          
Millicom International Cellular   226,325    19,210,466 
           
NORWAY — 4.6%          
Energy — 4.6%          
FLEX LNG (A)   556,521    18,047,976 
SFL, Cl B   1,440,604    16,610,164 
           
TOTAL NORWAY        34,658,140 
PANAMA — 1.6%          
Industrials — 1.6%          
Copa Holdings, Cl A   101,583    11,751,122 
           
UNITED KINGDOM — 2.1%          
Industrials — 2.1%          
Global Ship Lease, Cl A   383,305    15,485,522 
           
UNITED STATES — 69.6%          
Communication Services — 3.8%          
AT&T   519,267    13,568,447 
Verizon Communications   304,351    14,617,978 
         28,186,425 
Consumer Discretionary — 1.8%          
Vail Resorts (A)   108,735    13,828,917 
           
Consumer Staples — 15.0%          
Altria Group   223,807    16,259,578 
Cal-Maine Foods (A)   184,714    14,271,004 
Conagra Brands   794,286    11,398,004 
Energizer Holdings   651,654    12,759,385 
Flowers Foods   1,550,945    14,051,562 
JBS NV, Cl A *   928,798    14,916,496 

 

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

29

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X SuperDividend® U.S. ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
Kraft Heinz   630,033   $14,276,548 
Universal   277,831    14,886,185 
         112,818,762 
Energy — 3.9%          
Hess Midstream, Cl A   407,948    15,950,767 
Vitesse Energy (A)   693,913    13,017,808 
         28,968,575 
Financials — 5.7%          
Orchid Island Capital, Cl A    2,000,546    14,063,839 
TFS Financial (A)   977,305    14,698,667 
Western Union (A)   1,587,092    14,426,666 
         43,189,172 
Health Care — 3.6%          
Perrigo PLC   1,037,549    12,284,580 
Pfizer   544,082    14,526,990 
         26,811,570 
Industrials — 3.9%          
Ennis   721,307    15,060,890 
United Parcel Service, Cl B   129,727    14,114,298 
         29,175,188 
Materials — 4.0%          
Ardagh Metal Packaging   3,119,385    12,009,632 
CVR Partners   140,010    18,034,688 
         30,044,320 
Real Estate — 17.9%          
Alexander’s    65,430    16,485,743 
CBL & Associates Properties    403,580    18,169,172 
Community Healthcare Trust    832,636    14,337,992 
Easterly Government Properties    624,391    14,616,993 
Gaming and Leisure Properties    316,933    15,358,573 
LTC Properties    376,061    14,373,052 
National Health Investors    163,630    12,584,783 
Omega Healthcare Investors    313,228    14,712,319 

 

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

30

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X SuperDividend® U.S. ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Universal Health Realty Income Trust    339,326   $13,810,568 
         134,449,195 
Utilities — 10.0%          
Avista   348,267    14,313,774 
Clearway Energy, Cl C   366,277    14,782,940 
Dominion Energy   226,817    14,629,696 
Northwest Natural Holding   298,906    15,842,018 
Northwestern Energy Group   214,939    15,548,687 
         75,117,115 
TOTAL UNITED STATES        522,589,239 
TOTAL COMMON STOCK
(Cost $584,554,868)
        625,019,270 
           
MASTER LIMITED PARTNERSHIPS — 16.4%          
UNITED STATES— 16.4%          
Energy — 12.2%          
Delek Logistics Partners   276,431    14,686,779 
Global Partners   313,835    15,139,400 
MPLX   261,628    14,721,808 
Plains All American Pipeline   734,435    16,906,694 
USA Compression Partners   578,634    15,895,076 
Western Midstream Partners   343,107    14,918,292 
         92,268,049 
Materials — 2.2%          
Westlake Chemical Partners   707,067    16,297,894 
Utilities — 2.0%          
Suburban Propane Partners   739,849    14,870,965 
TOTAL UNITED STATES        123,436,908 
TOTAL MASTER LIMITED PARTNERSHIPS
(Cost $78,835,368)
        123,436,908 

 

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

31

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X SuperDividend® U.S. ETF  

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(B) — 1.8%          
Citigroup Global Markets, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $3,231,650 (collateralized by various U.S. Government Obligations, ranging in par value $4,641 - $1,432,984, 3.500% - 6.050%, 04/09/2027 - 12/15/2060, with a total market value of $3,285,104)
  $3,231,322   $3,231,322 
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $3,231,650 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $855 - $1,346,947, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $3,282,917)
   3,231,322    3,231,322 
Deutsche Bank Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $825,104 (collateralized by various U.S. Treasury Obligations, ranging in par value $129,038 - $896,413, 3.000% - 3.250%, 05/15/2042 - 02/15/2048, with a total market value of $827,371)
   825,021    825,021 
RBC Dominion Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $3,231,649 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $3,079 - $3,209,051, 0.000% - 5.000%, 08/18/2026 - 02/01/2056, with a total market value of $3,274,329)
   3,231,322    3,231,322 

 

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

32

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X SuperDividend® U.S. ETF  

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(B) — continued          
Standard Chartered Bank
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $3,231,650 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $9,927 - $2,696,991, 0.125% - 5.000%, 05/31/2028 - 03/20/2056, with a total market value of $3,283,975)
  $3,231,322   $3,231,322 
TOTAL REPURCHASE AGREEMENTS
(Cost $13,750,309)
        13,750,309 
TOTAL INVESTMENTS — 101.5%
(Cost $677,140,545)
       $762,206,487 

 

Percentages are based on Net Assets of $750,803,210.

 

* Non-income producing security.
Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $23,057,670.
(B) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $13,750,309. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $9,367,643.

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $625,019,270   $   $   $625,019,270 
Master Limited Partnerships   123,436,908            123,436,908 
Repurchase Agreements       13,750,309        13,750,309 
Total Investments in Securities  $748,456,178   $13,750,309   $   $762,206,487 

 

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.

33

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Shares   Value 
COMMON STOCK — 94.6%          
BRAZIL — 23.1%          
Communication Services — 2.4%          
TIM   211,700   $1,094,106 
           
Consumer Discretionary — 3.3%          
Vibra Energia   230,116    1,537,986 
           
Consumer Staples — 4.2%          
Ambev   345,800    1,007,057 
MBRF Global Foods   257,200    899,766 
         1,906,823 
Financials — 6.0%          
Banco Bradesco   306,300    1,027,885 
Banco do Brasil   164,900    735,073 
Caixa Seguridade Participacoes   269,600    978,859 
         2,741,817 
Health Care — 2.2%          
Rede D’Or Sao Luiz   132,800    1,022,707 
           
Utilities — 5.0%          
Cia Paranaense de Energia - Copel   404,900    1,292,130 
CPFL Energia   103,000    1,011,519 
         2,303,649 
TOTAL BRAZIL        10,607,088 
CHINA — 20.4%          
Consumer Discretionary — 2.5%          
Gree Electric Appliances of Zhuhai, Cl A   194,500    1,140,124 
           
Energy — 3.1%          
PetroChina, Cl H   914,900    1,404,978 
           
Financials — 7.4%          
Bank of China, Cl H   1,239,400    800,557 
Bank of Communications, Cl H   818,380    746,950 
China CITIC Bank, Cl H   883,200    924,492 

 

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

34

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
China Construction Bank, Cl H   836,800   $937,878 
         3,409,877 
Industrials — 5.8%          
COSCO SHIPPING Holdings, Cl H (A)   395,000    726,089 
Jiangsu Expressway, Cl H   585,000    793,815 
Yutong Bus, Cl A   218,900    1,134,493 
         2,654,397 
Utilities — 1.6%          
China Gas Holdings   801,000    742,334 
           
TOTAL CHINA        9,351,710 
COLOMBIA — 2.5%          
Utilities — 2.5%          
Interconexion Electrica ESP   145,907    1,131,078 
           
CZECH REPUBLIC — 3.9%          
Financials — 3.9%          
Komercni Banka   15,636    832,453 
Moneta Money Bank   109,313    962,419 
           
TOTAL CZECH REPUBLIC        1,794,872 
EGYPT — 2.0%          
Consumer Staples — 2.0%          
Eastern SAE   1,240,699    921,384 
           
HONG KONG — 1.5%          
Industrials — 1.5%          
Orient Overseas International   40,500    705,697 
           
HUNGARY — 2.5%          
Energy — 2.5%          
MOL Hungarian Oil & Gas   84,628    1,126,300 

 

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

35

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Shares   Value 
COMMON STOCK — continued          
INDIA — 4.3%          
Energy — 1.7%          
Coal India   154,431   $783,351 
           
Materials — 2.0%          
Vedanta   150,113    429,476 
Vedanta Aluminium Metal *(B)   150,113    255,213 
Vedanta Iron and Steel *(B)   150,113    255,214 
         939,903 
Utilities — 0.6%          
Talwandi Sabo Power *(B)   150,113    255,214 
           
TOTAL INDIA        1,978,468 
INDONESIA — 5.2%          
Communication Services — 1.6%          
Telkom Indonesia Persero   4,439,600    720,698 
           
Financials — 3.6%          
Bank Mandiri Persero   2,253,400    571,486 
Bank Negara Indonesia Persero   2,734,600    587,678 
Bank Rakyat Indonesia Persero   2,888,300    498,904 
         1,658,068 
TOTAL INDONESIA        2,378,766 
KUWAIT — 1.9%          
Communication Services — 1.9%          
Mobile Telecommunications KSCP   475,952    882,252 
           
MEXICO — 1.5%          
Industrials — 1.5%          
Grupo Aeroportuario del Sureste, Cl B   23,060    700,991 
           
PHILIPPINES — 1.4%          
Communication Services — 1.4%          
PLDT   32,775    666,429 

 

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

36

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Shares   Value 
COMMON STOCK — continued          
POLAND — 3.8%          
Financials — 3.8%          
Bank Polska Kasa Opieki   15,302   $954,109 
Powszechny Zaklad Ubezpieczen   44,512    780,008 
           
TOTAL POLAND        1,734,117 
ROMANIA — 1.8%          
Real Estate — 1.8%          
NEPI Rockcastle   96,691    816,373 
           
RUSSIA — 0.0%          
Materials — 0.0%          
Alrosa PJSC *(B)   1,194,381     
PhosAgro PJSC GDR *(B)   42     
Severstal PAO *(B)   71,665     
           
TOTAL RUSSIA         
SAUDI ARABIA — 1.7%          
Energy — 1.7%          
Saudi Arabian Oil (A)   105,509    780,944 
           
SOUTH AFRICA — 2.4%          
Financials — 2.4%          
Absa Group (A)   79,526    1,109,650 
           
TAIWAN — 7.3%          
Industrials — 2.8%          
Evergreen Marine Taiwan   111,000    707,664 
Yang Ming Marine Transport   358,000    555,341 
         1,263,005 
Information Technology — 4.5%          
Catcher Technology   109,000    718,995 
Innolux   1,798,700    1,359,620 
         2,078,615 
TOTAL TAIWAN        3,341,620 

 

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

37

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Shares   Value 
COMMON STOCK — continued          
THAILAND — 4.3%          
Energy — 2.5%          
PTT Exploration & Production NVDR   245,100   $1,157,923 
           
Financials — 1.8%          
SCB X NVDR   200,200    804,547 
           
TOTAL THAILAND        1,962,470 
UNITED ARAB EMIRATES — 1.4%          
Real Estate — 1.4%          
Emaar Properties PJSC   200,839    645,240 
           
UNITED STATES — 1.7%          
Consumer Staples — 1.7%          
JBS NV, Cl A *   49,981    802,695 
           
TOTAL COMMON STOCK
(Cost $38,278,678)
        43,438,144 
           
PREFERRED STOCK — 4.8%          
BRAZIL— 2.2%          
Utilities — 2.2%          
Cia Energetica de Minas Gerais (C)   392,685    988,333 
TOTAL BRAZIL        988,333 
COLOMBIA— 2.6%          
Financials — 2.6%          
Grupo Cibest (C)   70,715    1,216,762 
TOTAL COLOMBIA        1,216,762 
RUSSIA— 0.0%          
Energy — 0.0%          
Surgutneftegas PJSC *(B)(C)   3,166,303     
TOTAL RUSSIA         
TOTAL PREFERRED STOCK
(Cost $2,712,631)
        2,205,095 

 

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

38

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(D) — 2.5%          
Citadel Securities LLC
3.710%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $272,768 (collateralized by various U.S. Treasury Obligations, ranging in par value $19 - $23,674, 0.000% - 6.750%, 05/15/2026 - 02/15/2056, with a total market value of $277,419)
  $272,740   $272,740 
Citigroup Global Markets, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $69,643 (collateralized by various U.S. Treasury Obligations, ranging in par value $2,938 - $68,571, 1.250% - 3.500%, 06/30/2028 - 02/15/2029, with a total market value of $70,526)
   69,636    69,636 
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $272,768 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $72 - $113,689, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $277,095)
   272,740    272,740 
Deutsche Bank Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $272,768 (collateralized by various U.S. Treasury Obligations, ranging in par value $42,658 - $296,341, 3.000% - 3.250%, 05/15/2042 - 02/15/2048, with a total market value of $273,517)
   272,740    272,740 

 

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

39

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(D) — continued          
RBC Dominion Securities, Inc.
3.630%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $272,768 (collateralized by various U.S. Treasury Obligations, ranging in par value $267 - $153,827, 0.000% - 4.625%, 05/31/2027 - 02/15/2051, with a total market value of $278,161)
  $272,740   $272,740 
TOTAL REPURCHASE AGREEMENTS
(Cost $1,160,596)
        1,160,596 
TOTAL INVESTMENTS — 101.9%
(Cost $42,151,905)
       $46,803,835 

 

Percentages are based on Net Assets of $45,941,872.

 

A list of the open futures contracts held by the Fund at April 30, 2026, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
Appreciation
Long Contracts                    
MSCI Emerging Markets Index.  2  Jun-2026  $212,487   $213,000   $513
   
* Non-income producing security.
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $1,097,906.
(B) Level 3 security in accordance with fair value hierarchy.
(C) There is currently no stated interest rate.
(D) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $1,160,596. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $0.

 

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

40

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X MSCI SuperDividend® Emerging Markets ETF  

 

The following is a summary of the level of inputs used as of April 30, 2026, 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  $42,672,503   $   $765,641   $43,438,144 
Preferred Stock   2,205,095        ^   2,205,095 
Repurchase Agreements       1,160,596        1,160,596 
Total Investments in Securities  $44,877,598   $1,160,596   $765,641   $46,803,835 
                     
Other Financial Instruments   Level 1    Level 2    Level 3    Total 
Futures Contracts*                    
Unrealized Appreciation   $513   $   $   $513 
Total Other Financial Instruments  $513   $   $   $513 

 

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

^ Includes Securities in which the fair value is $0 or has been rounded to $0.

 

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

 

   Investments in
Common Stock
 
Beginning Balance as of October 31, 2025  $- 
Transfers out of Level 3   - 
Transfers into Level 3   765,641 
Net purchases   - 
Net sales   - 
Realized gain/(loss)   - 
Change in unrealized appreciation/(depreciation)   - 
Ending Balance as of April 30, 2026  $765,641 

 

Transfers into Level 3 were the result of shares received in a spin-off transaction that were classified as Level 3 because the securities were not publicly traded as of the reporting date and fair value was determined using significant unobservable inputs.

 

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.

41

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® REIT ETF

 

 

   Shares   Value 
COMMON STOCK — 99.2%          
BELGIUM — 3.1%          
Real Estate — 3.1%          
Cofinimmo    75,999   $7,475,268 
           
FRANCE — 3.1%          
Real Estate — 3.1%          
Gecina    86,632    7,301,648 
           
SINGAPORE — 3.1%          
Real Estate — 3.1%          
Mapletree Industrial Trust    4,757,900    7,359,792 
           
UNITED KINGDOM — 6.1%          
Real Estate — 6.1%          
LondonMetric Property PLC    2,892,432    7,444,105 
Primary Health Properties    5,546,409    7,039,279 
           
TOTAL UNITED KINGDOM        14,483,384 
UNITED STATES — 83.8%          
Financials — 40.8%          
AGNC Investment    664,200    7,319,484 
Annaly Capital Management    328,591    7,524,734 
Apollo Commercial Real Estate Finance    792,227    8,666,963 
ARMOUR Residential REIT    428,044    7,507,892 
Blackstone Mortgage Trust, Cl A    412,313    7,829,824 
Dynex Capital    538,547    7,335,010 
Ellington Financial    566,362    7,504,297 
Franklin BSP Realty Trust    622,932    5,668,681 
Invesco Mortgage Capital    171,420    1,393,645 
Ladder Capital, Cl A    708,836    7,286,834 
Orchid Island Capital, Cl A    964,063    6,777,363 
Rithm Capital    667,114    6,524,375 
Starwood Property Trust    431,600    7,924,176 
TPG RE Finance Trust    874,779    7,400,630 
         96,663,908 
Real Estate — 43.0%          
Apple Hospitality REIT    638,873    8,605,619 

 

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

42

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® REIT ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Broadstone Net Lease, Cl A    423,662   $8,388,508 
EPR Properties    145,589    8,125,322 
Gaming and Leisure Properties    172,811    8,374,421 
Getty Realty    269,371    8,921,567 
Healthcare Realty Trust, Cl A    459,147    8,586,049 
Kilroy Realty    220,487    7,333,398 
LTC Properties    215,185    8,224,371 
Omega Healthcare Investors    179,825    8,446,380 
Sabra Health Care REIT    417,581    8,627,223 
Sila Realty Trust    329,375    10,022,881 
VICI Properties, Cl A    275,364    8,040,629 
         101,696,368 
TOTAL UNITED STATES        198,360,276 
TOTAL COMMON STOCK
(Cost $222,178,585)
        234,980,368 
TOTAL INVESTMENTS — 99.2%
(Cost $222,178,585)
       $234,980,368 

 

Percentages are based on Net Assets of $236,762,959.

 

A list of the open futures contracts held by the Fund at April 30, 2026, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
Appreciation
 
 Long Contracts                     
Dow Jones U.S. Real Estate  37  Jun-2026  $1,335,294   $1,441,890   $106,596 

 

Real Estate Investment Trust

 

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

43

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X SuperDividend® REIT ETF

 

 

The following is a summary of the level of inputs used as of April 30, 2026, 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  $234,980,368   $   $   $234,980,368 
Total Investments in Securities  $234,980,368   $   $   $234,980,368 
                 
Other Financial Instruments  Level 1   Level 2   Level 3   Total 
Futures Contracts*                     
Unrealized Appreciation  $106,596   $   $   $106,596 
Total Other Financial Instruments  $106,596   $   $   $106,596 

 

* Futures contracts are valued at the unrealized appreciation (depreciation) 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.

44

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Renewable Energy Producers ETF

 

 

   Shares   Value 
COMMON STOCK — 94.6%          
AUSTRIA — 5.8%          
Utilities — 5.8%          
Verbund   24,069   $1,811,217 
           
BRAZIL — 11.3%          
Utilities — 11.3%          
Axia Energia   165,755    2,064,286 
Engie Brasil Energia   205,177    1,454,078 
           
TOTAL BRAZIL        3,518,364 
CANADA — 5.3%          
Utilities — 5.3%          
Boralex, Cl A   23,545    635,893 
Northland Power   59,619    1,023,217 
           
TOTAL CANADA        1,659,110 
CHINA — 3.4%          
Utilities — 3.4%          
China Datang Renewable Power, Cl H   570,300    110,656 
China Longyuan Power Group, Cl H   757,200    643,747 
Xinyi Energy Holdings   1,943,900    295,292 
           
TOTAL CHINA        1,049,695 
DENMARK — 6.9%          
Utilities — 6.9%          
Orsted *   80,750    2,159,426 
           
GERMANY — 2.1%          
Energy — 2.1%          
Verbio *   14,578    645,380 
           
INDIA — 1.0%          
Utilities — 1.0%          
ReNew Energy Global PLC, Cl A *   56,095    301,791 

 

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

45

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Renewable Energy Producers ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
INDONESIA — 4.2%          
Utilities — 4.2%          
Barito Renewables Energy *   3,041,000   $783,528 
Pertamina Geothermal Energy   9,595,400    543,240 
           
TOTAL INDONESIA        1,326,768 
ISRAEL — 9.9%          
Utilities — 9.9%          
Energix-Renewable Energies   131,614    977,247 
Enlight Renewable Energy *   23,895    2,127,939 
           
TOTAL ISRAEL        3,105,186 
ITALY — 3.0%          
Utilities — 3.0%          
ERG   34,391    927,066 
           
JAPAN — 0.6%          
Industrials — 0.6%          
West Holdings   10,501    192,791 
           
NEW ZEALAND — 13.6%          
Utilities — 13.6%          
Contact Energy   226,327    1,265,878 
Mercury NZ   322,595    1,272,519 
Meridian Energy   511,531    1,710,615 
           
TOTAL NEW ZEALAND        4,249,012 
RUSSIA — 0.0%          
Utilities — 0.0%          
RusHydro PJSC *   271,804,543     
           
SOUTH AFRICA — 1.5%          
Utilities — 1.5%          
Scatec *   36,209    469,029 

 

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

46

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Renewable Energy Producers ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
SOUTH KOREA — 1.0%          
Utilities — 1.0%          
SK Eternix *   7,751   $303,100 
           
SPAIN — 11.6%          
Utilities — 11.6%          
EDP Renovaveis   112,906    1,878,058 
Grenergy Renovables *   6,539    926,604 
Solaria Energia y Medio Ambiente *   28,587    815,210 
           
TOTAL SPAIN        3,619,872 
THAILAND — 0.4%          
Utilities — 0.4%          
Energy Absolute PLC NVDR *   1,698,030    137,520 
           
TURKEY — 0.8%          
Utilities — 0.8%          
Akfen Yenilenebilir Enerji *   272,996    134,490 
IC Enterra Yenilenebilir Enerji *   420,797    103,838 
           
TOTAL TURKEY        238,328 
UNITED KINGDOM — 3.0%          
Utilities — 3.0%          
Drax Group PLC   77,524    930,810 
           
UNITED STATES — 9.2%          
Industrials — 2.2%          
Sunrun *   53,215    677,427 
           
Utilities — 7.0%          
Clearway Energy, Cl C   19,412    783,468 
Ormat Technologies   10,432    1,198,637 
XPLR Infrastructure *   21,549    223,032 
         2,205,137 
TOTAL UNITED STATES        2,882,564 
TOTAL COMMON STOCK
(Cost $41,812,941)
        29,527,029 

 

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

47

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Renewable Energy Producers ETF

 

 

   Shares   Value 
MASTER LIMITED PARTNERSHIP — 4.8%          
CANADA— 4.8%          
Utilities — 4.8%          
Brookfield Renewable Partners, Cl A   45,879   $1,511,098 
TOTAL MASTER LIMITED PARTNERSHIP
(Cost $906,277)
        1,511,098 
           
    Face Amount      
REPURCHASE AGREEMENTS(A) — 1.9%          
Citadel Securities LLC
3.710%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $249,026 (collateralized by various U.S. Treasury Obligations, ranging in par value $16 - $14,118, 0.000% - 6.750%, 05/15/2026 – 02/15/2056, with a total market value of $254,006)
  $249,000    249,000 
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $249,025 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $43 - $19,568, 0.500% - 6.500%, 05/12/2027 – 05/01/2056, with a total market value of $253,980)
   249,000    249,000 
Deutsche Bank Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $80,862 (collateralized by various U.S. Treasury Obligations, ranging in par value $9,225 - $71,859, 3.000% - 3.250%, 05/15/2042 – 02/15/2048, with a total market value of $82,471)
   80,854    80,854 
TOTAL REPURCHASE AGREEMENTS
(Cost $578,854)
        578,854 
TOTAL INVESTMENTS — 101.3%
(Cost $43,298,072)
       $31,616,981 

 

Percentages are based on Net Assets of $31,202,695.

 

* Non-income producing security.

 

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

48

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Renewable Energy Producers ETF

 

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $29,527,029   $   $   $29,527,029 
Master Limited Partnership   1,511,098            1,511,098 
Repurchase Agreements       578,854        578,854 
Total Investments in Securities  $31,038,127   $578,854   $   $31,616,981 

 

Amount 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.

49

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — 99.8%          
NETHERLANDS — 0.1%          
Information Technology — 0.1%          
NXP Semiconductors   5,147   $1,511,108 
           
SWITZERLAND — 0.1%          
Information Technology — 0.1%          
TE Connectivity PLC   5,988    1,267,420 
           
UNITED STATES — 99.6%          
Communication Services — 11.1%          
Alphabet, Cl A   114,628    44,108,854 
Alphabet, Cl C   92,081    35,169,417 
AT&T   137,821    3,601,263 
Charter Communications, Cl A *   1,691    279,302 
Comcast, Cl A   70,640    1,910,106 
EchoStar, Cl A *(A)   2,652    326,567 
Electronic Arts   4,431    896,701 
Fox, Cl A   3,955    251,103 
Fox, Cl B   2,787    158,915 
Live Nation Entertainment *   3,104    490,246 
Meta Platforms, Cl A   43,067    26,353,128 
Netflix *   83,120    7,780,863 
News, Cl A   7,285    191,741 
News, Cl B   2,412    73,518 
Omnicom Group   6,186    474,590 
Paramount Skydance, Cl B (A)   6,111    62,577 
Take-Two Interactive Software *   3,418    730,632 
TKO Group Holdings, Cl A   1,307    243,220 
T-Mobile US   9,335    1,824,992 
Trade Desk, Cl A *   8,665    204,407 
Verizon Communications   83,020    3,987,451 
Walt Disney   34,880    3,618,800 
Warner Bros Discovery *   48,799    1,320,013 
         134,058,406 
Consumer Discretionary — 10.0%          
Airbnb, Cl A *   8,399    1,178,884 
Amazon.com *   193,700    51,342,122 
Aptiv PLC *   4,218    254,177 

 

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

50

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
AutoZone *   324   $1,200,106 
Best Buy   3,869    234,036 
Booking Holdings   15,772    2,655,374 
Carnival   22,800    604,428 
Carvana, Cl A *   2,804    1,109,823 
Chipotle Mexican Grill, Cl A *   25,817    877,520 
Darden Restaurants   2,290    459,282 
Deckers Outdoor *   2,815    287,693 
Domino’s Pizza   608    206,367 
DoorDash, Cl A *   7,407    1,249,191 
DR Horton   5,346    822,536 
eBay   8,955    926,663 
Expedia Group   2,327    577,957 
Ford Motor   77,693    938,531 
Garmin   3,235    812,438 
General Motors   17,929    1,378,561 
Genuine Parts   2,759    295,848 
Hasbro   2,646    253,593 
Hilton Worldwide Holdings   4,542    1,471,926 
Home Depot   19,738    6,489,854 
Lennar, Cl A   4,277    386,213 
Lowe’s   11,124    2,656,300 
Lululemon Athletica *   2,126    292,750 
Marriott International, Cl A   4,359    1,576,607 
McDonald’s   14,120    4,145,491 
NIKE, Cl B   23,629    1,048,182 
Norwegian Cruise Line Holdings *   9,018    163,947 
NVR *   55    347,373 
O’Reilly Automotive *   16,696    1,659,582 
Pool   641    136,738 
PulteGroup   3,824    467,905 
Ralph Lauren, Cl A   776    278,305 
Ross Stores   6,422    1,462,867 
Royal Caribbean Cruises   4,998    1,318,272 
Starbucks   22,589    2,379,299 
Tapestry   4,020    583,061 
Tesla *   55,772    21,284,268 
TJX   22,025    3,452,419 
Tractor Supply   10,468    367,427 

 

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

51

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Ulta Beauty *   887   $476,745 
Williams-Sonoma   2,373    430,011 
Yum! Brands   5,507    879,192 
         121,419,864 
Consumer Staples — 4.9%          
Archer-Daniels-Midland   12,592    938,608 
Brown-Forman, Cl B   4,473    115,269 
Bunge Global   3,556    451,861 
Campbell’s Company (A)   5,162    107,318 
Clorox   3,163    305,040 
Colgate-Palmolive   21,118    1,802,633 
Conagra Brands   12,535    179,877 
Constellation Brands, Cl A   3,687    577,310 
Costco Wholesale   11,624    11,792,897 
Dollar General   5,765    668,048 
Dollar Tree *   4,836    469,624 
Estee Lauder, Cl A   6,485    497,464 
General Mills   13,981    493,669 
Hershey   3,887    721,971 
Hormel Foods   7,630    163,816 
J M Smucker   2,796    274,092 
Keurig Dr Pepper   35,588    1,046,287 
Kimberly-Clark   8,692    855,554 
Kraft Heinz   22,332    506,043 
Kroger   15,257    1,038,544 
McCormick   6,649    338,035 
Molson Coors Beverage, Cl B   4,433    189,466 
Mondelez International, Cl A   33,586    2,063,524 
Monster Beverage *   18,680    1,439,668 
PepsiCo   35,816    5,676,478 
Procter & Gamble   60,881    8,954,986 
Sysco   12,549    937,536 
Target   11,854    1,538,057 
Tyson Foods, Cl A   7,385    473,157 
Walmart   114,854    15,152,688 
         59,769,520 

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

52

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Energy — 3.5%          
APA   6,992   $284,784 
Baker Hughes, Cl A   19,501    1,358,635 
Chevron   36,947    7,142,225 
ConocoPhillips   24,148    3,037,335 
Coterra Energy   14,962    537,285 
Devon Energy   12,233    628,409 
Diamondback Energy   3,679    756,513 
EOG Resources   10,704    1,504,661 
EQT   12,307    739,405 
Expand Energy   4,688    478,879 
Exxon Mobil   82,388    12,714,940 
Halliburton   16,516    698,627 
Kinder Morgan   38,587    1,268,355 
Marathon Petroleum   5,813    1,443,310 
Occidental Petroleum   14,176    858,782 
ONEOK   12,408    1,147,244 
Phillips 66   7,950    1,424,242 
SLB   29,478    1,676,709 
Targa Resources   4,231    1,100,398 
Texas Pacific Land   1,145    508,002 
Valero Energy   6,007    1,517,248 
Williams   24,071    1,836,858 
         42,662,846 
Financials — 12.2%          
Aflac   10,546    1,198,764 
Allstate   5,860    1,273,144 
American Express   12,086    3,904,382 
American International Group   12,109    905,753 
Ameriprise Financial   2,050    973,320 
Aon PLC, Cl A   4,829    1,504,958 
Apollo Global Management   10,463    1,346,797 
Arch Capital Group *   8,067    762,009 
Ares Management, Cl A   4,640    544,736 
Arthur J Gallagher   5,793    1,195,675 
Assurant   1,133    267,694 
Bank of America   149,659    8,000,770 
Bank of New York Mellon   15,521    2,085,557 
Blackrock   3,248    3,461,069 

 

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

53

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Blackstone   16,878   $2,119,539 
Block, Cl A *   12,356    871,222 
Brown & Brown   6,609    397,531 
Capital One Financial   14,097    2,696,756 
CBOE Global Markets   2,366    710,013 
Charles Schwab   37,674    3,452,445 
Chubb   8,206    2,683,362 
Cincinnati Financial   3,529    577,344 
Citigroup   39,410    5,043,692 
Citizens Financial Group   9,588    623,699 
CME Group, Cl A   8,137    2,341,991 
Coinbase Global, Cl A *   5,039    946,173 
Corpay *   1,575    482,690 
Erie Indemnity, Cl A   565    123,695 
Everest Group   925    330,003 
FactSet Research Systems   845    192,305 
Fidelity National Information Services   11,673    543,145 
Fifth Third Bancorp   20,290    1,029,920 
Fiserv *   12,137    760,383 
Franklin Resources   6,931    207,722 
Global Payments   5,371    386,497 
Globe Life   1,790    276,197 
Goldman Sachs Group   6,768    6,252,075 
Hartford Insurance Group   6,287    860,125 
Huntington Bancshares   45,786    767,373 
Interactive Brokers Group, Cl A   10,041    798,260 
Intercontinental Exchange   12,805    2,024,342 
Invesco   10,011    262,388 
Jack Henry & Associates   1,624    249,690 
JPMorgan Chase   60,802    19,045,011 
KeyCorp   21,132    467,229 
KKR   15,480    1,615,183 
Loews   3,816    429,720 
M&T Bank   3,416    746,840 
Marsh & McLennan   10,923    1,831,896 
Mastercard, Cl A   18,366    9,236,629 
MetLife   12,418    994,682 
Moody’s   3,451    1,593,844 
Morgan Stanley   27,127    5,170,135 

 

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

54

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
MSCI, Cl A   1,653   $977,601 
Nasdaq   10,124    930,497 
Northern Trust   4,203    699,127 
PayPal Holdings   20,768    1,041,308 
PNC Financial Services Group   9,099    2,029,077 
Principal Financial Group   4,458    449,857 
Progressive   13,210    2,658,909 
Prudential Financial   7,857    770,850 
Raymond James Financial   3,965    627,739 
Regions Financial   19,577    558,923 
Robinhood Markets, Cl A *   17,831    1,299,702 
S&P Global   6,903    2,976,781 
State Street   6,284    960,447 
Synchrony Financial   7,848    598,018 
T Rowe Price Group   4,940    508,227 
Travelers   4,867    1,485,116 
Truist Financial   28,467    1,466,051 
US Bancorp   35,058    1,986,386 
Visa, Cl A   37,914    12,505,554 
W R Berkley   6,733    449,966 
Wells Fargo   69,754    5,735,871 
Willis Towers Watson PLC   2,154    551,855 
         147,834,236 
Health Care — 8.3%          
Align Technology *   3,762    662,150 
Amgen   30,318    10,497,607 
Baxter International   28,967    509,240 
Biogen *   8,263    1,564,021 
Boston Scientific *   83,468    4,808,591 
Cardinal Health   13,237    2,553,153 
Cencora   10,954    3,373,942 
Cigna Group   14,838    4,311,626 
CVS Health   71,609    5,964,314 
DaVita *   1,873    290,577 
Dexcom *   21,654    1,289,496 
Edwards Lifesciences *   32,658    2,726,943 
Elevance Health   12,426    4,677,395 
GE HealthCare Technologies   25,648    1,560,424 

 

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

55

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Gilead Sciences   69,840   $9,137,866 
Henry Schein *   5,632    420,091 
Humana   6,791    1,605,664 
IDEXX Laboratories *   4,491    2,518,553 
Incyte *   9,416    897,062 
Insulet *   3,963    682,191 
Intuitive Surgical *   19,985    9,145,336 
IQVIA Holdings *   9,550    1,512,433 
Labcorp Holdings   4,660    1,196,688 
McKesson   6,896    5,621,619 
Medtronic PLC   72,153    5,842,228 
Mettler-Toledo International *   1,148    1,465,548 
Quest Diagnostics   6,183    1,200,739 
ResMed   8,203    1,753,883 
Solventum *   8,300    559,088 
STERIS PLC   5,522    1,197,611 
Stryker   19,390    6,110,371 
West Pharmaceutical Services   4,052    1,205,835 
Zimmer Biomet Holdings   11,156    919,589 
Zoetis, Cl A   23,762    2,731,917 
         100,513,791 
Industrials — 8.9%          
3M   13,201    1,934,211 
A O Smith   2,820    174,389 
Allegion PLC   2,167    297,919 
AMETEK   5,771    1,359,071 
Automatic Data Processing   10,094    2,139,322 
Axon Enterprise *   1,971    791,869 
Broadridge Financial Solutions   2,926    450,546 
Builders FirstSource *   2,774    219,396 
Carrier Global   19,719    1,324,525 
Caterpillar   11,663    10,381,353 
CH Robinson Worldwide   2,973    540,521 
Cintas   8,523    1,489,053 
Comfort Systems USA   890    1,637,823 
Copart *   22,337    739,578 
CSX   46,633    2,118,537 
Cummins   3,456    2,319,011 

 

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

56

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Deere   6,333   $3,735,647 
Delta Air Lines   16,299    1,108,169 
Dover   3,374    763,907 
Eaton PLC   9,742    4,218,383 
EMCOR Group   1,127    1,004,912 
Emerson Electric   14,094    1,979,361 
Equifax   3,017    524,777 
Expeditors International of Washington   3,353    495,875 
Fastenal   28,806    1,294,254 
FedEx   5,428    2,189,167 
Fortive   7,868    470,428 
GE Aerospace   26,310    7,628,058 
GE Vernova   6,763    7,327,440 
Generac Holdings *   1,471    381,327 
Howmet Aerospace   10,052    2,443,038 
Hubbell, Cl B   1,334    677,899 
IDEX   1,870    407,380 
Illinois Tool Works   6,584    1,698,738 
Ingersoll Rand   8,919    712,271 
Jacobs Solutions   2,944    380,983 
JB Hunt Transport Services   1,868    469,858 
Johnson Controls International PLC   15,352    2,241,853 
Lennox International   809    432,726 
Masco   5,114    367,287 
Nordson   1,328    383,062 
Norfolk Southern   5,632    1,778,755 
Old Dominion Freight Line   4,609    979,090 
Otis Worldwide   9,750    759,330 
PACCAR   13,169    1,564,477 
Paychex   8,107    750,951 
Pentair PLC   4,106    331,395 
Quanta Services   3,747    2,726,954 
Republic Services, Cl A   5,055    1,057,607 
Rockwell Automation   2,818    1,152,308 
Rollins   7,355    409,894 
Snap-On   1,303    499,570 
Southwest Airlines   12,327    467,440 
Stanley Black & Decker   3,889    303,964 
Trane Technologies PLC   5,552    2,734,582 

 

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

57

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Uber Technologies *   51,622   $3,851,517 
Union Pacific   14,890    4,012,557 
United Airlines Holdings *   8,116    730,440 
United Parcel Service, Cl B   18,530    2,016,064 
United Rentals   1,577    1,513,668 
Veralto   6,219    548,516 
Verisk Analytics, Cl A   3,486    643,132 
Vertiv Holdings, Cl A   9,598    3,152,847 
Waste Management   9,314    2,165,971 
Westinghouse Air Brake Technologies   4,276    1,154,050 
WW Grainger   1,101    1,278,646 
Xylem   6,102    721,012 
         108,558,661 
Information Technology — 34.4%          
Accenture PLC, Cl A   12,569    2,246,206 
Adobe *   8,385    2,063,548 
Akamai Technologies *   2,937    302,452 
Amphenol, Cl A   25,110    3,697,950 
Analog Devices   9,978    4,013,750 
Apple   299,878    81,371,895 
Applied Materials   16,221    6,399,022 
AppLovin, Cl A *   5,536    2,470,994 
Arista Networks *   21,091    3,642,627 
Autodesk *   4,329    1,025,973 
Broadcom   96,843    40,425,173 
Cadence Design Systems *   5,561    1,832,850 
CDW   2,661    364,318 
Ciena *   2,876    1,517,320 
Cisco Systems   80,713    7,385,239 
Cognizant Technology Solutions, Cl A   9,769    516,780 
Coherent *   3,835    1,226,088 
Crowdstrike Holdings, Cl A *   5,156    2,298,287 
Datadog, Cl A *   6,710    886,995 
Dell Technologies, Cl C   6,064    1,267,073 
EPAM Systems *   1,132    128,799 
F5 *   1,158    375,076 
Fair Isaac *   478    489,950 
First Solar *   2,201    444,360 

 

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

58

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Fortinet *   12,907   $1,088,189 
Gartner *   1,438    213,529 
Gen Digital   11,257    217,148 
GoDaddy, Cl A *   2,761    239,627 
HP   18,743    390,979 
Intel *   95,898    9,060,443 
Intuit   5,683    2,207,845 
Jabil   2,166    731,003 
Keysight Technologies *   3,493    1,222,236 
KLA   2,679    4,689,188 
Lam Research   25,503    6,576,204 
Lumentum Holdings *   1,458    1,315,583 
Microchip Technology   11,055    1,027,120 
Micron Technology   22,982    11,885,371 
Microsoft   151,672    61,848,808 
Monolithic Power Systems   1,001    1,616,024 
Motorola Solutions   3,375    1,481,726 
NetApp   4,048    448,397 
NVIDIA   496,349    99,056,370 
ON Semiconductor *   8,053    811,823 
Oracle   34,642    5,590,872 
Palantir Technologies, Cl A *   46,654    6,490,038 
Palo Alto Networks *   16,510    2,960,573 
PTC *   2,436    332,027 
QUALCOMM   21,804    3,915,562 
Roper Technologies   2,186    775,615 
Salesforce   19,146    3,379,843 
Sandisk *   3,012    3,302,688 
Seagate Technology Holdings PLC   4,451    2,998,372 
ServiceNow *   21,361    1,886,390 
Skyworks Solutions   3,083    216,334 
Super Micro Computer *   10,271    281,425 
Synopsys *   3,912    1,887,931 
Teradyne   3,193    1,096,700 
Texas Instruments   18,533    5,209,256 
Trimble *   4,850    326,502 
Tyler Technologies *   886    302,250 
VeriSign   1,682    451,886 
Western Digital   6,926    3,009,486 

 

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

59

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Workday, Cl A *   4,349   $532,318 
Zebra Technologies, Cl A *   1,010    228,523 
         417,694,929 
Materials — 2.0%          
Air Products & Chemicals   4,387    1,316,319 
Albemarle   2,330    458,311 
Amcor PLC   9,099    346,126 
Avery Dennison   1,522    249,502 
Ball   5,288    322,991 
CF Industries Holdings   3,071    381,418 
Corteva   13,249    1,073,302 
CRH PLC   13,205    1,563,736 
Dow   14,143    572,650 
DuPont de Nemours   8,072    368,568 
Ecolab   5,034    1,311,860 
Freeport-McMoRan   28,328    1,636,792 
International Flavors & Fragrances   5,057    355,001 
International Paper   10,401    316,398 
Linde PLC   9,214    4,617,504 
LyondellBasell Industries, Cl A   5,084    379,266 
Martin Marietta Materials   1,192    737,931 
Mosaic   6,248    145,391 
Newmont   21,506    2,389,102 
Nucor   4,507    1,015,382 
Packaging Corp of America   1,757    375,032 
PPG Industries   4,421    479,679 
Sherwin-Williams   4,540    1,460,109 
Smurfit WestRock PLC   10,292    395,110 
Steel Dynamics   2,708    619,211 
Vulcan Materials   2,608    786,938 
         23,673,629 
Real Estate — 1.9%          
American Tower    10,029    1,832,399 
AvalonBay Communities    3,031    554,673 
BXP    3,155    184,441 
Camden Property Trust    2,224    233,564 
CBRE Group, Cl A *   6,218    887,495 

 

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

60

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
CoStar Group *   9,073   $314,017 
Crown Castle    9,339    829,116 
Digital Realty Trust    6,922    1,390,907 
Equinix    2,116    2,291,268 
Equity Residential    7,363    481,393 
Essex Property Trust    1,381    363,493 
Extra Space Storage    4,544    651,292 
Federal Realty Investment Trust    1,678    186,090 
Host Hotels & Resorts    13,710    289,692 
Invitation Homes    12,094    347,944 
Iron Mountain    6,349    799,911 
Kimco Realty    14,440    341,362 
Mid-America Apartment Communities    2,509    324,113 
ProLogis    19,916    2,828,470 
Public Storage    3,377    1,021,374 
Realty Income    19,712    1,266,299 
Regency Centers    3,537    275,355 
SBA Communications, Cl A    2,291    506,769 
Simon Property Group    6,970    1,419,859 
UDR    6,453    234,502 
Welltower    14,959    3,251,189 
Weyerhaeuser    15,441    378,613 
         23,485,600 
Utilities — 2.4%          
AES   14,038    202,849 
Alliant Energy   5,075    372,657 
Ameren   5,451    619,506 
American Electric Power   10,670    1,462,964 
American Water Works   3,853    494,802 
Atmos Energy   3,255    618,385 
CenterPoint Energy   12,867    561,645 
CMS Energy   6,035    463,126 
Consolidated Edison   7,114    793,140 
Constellation Energy   6,136    1,920,568 
Dominion Energy   16,834    1,085,793 
DTE Energy   4,096    621,322 
Duke Energy   15,332    1,986,261 
Edison International   7,577    526,526 

 

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

61

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — continued          
Entergy   8,910   $1,050,578 
Evergy   4,534    375,597 
Eversource Energy   7,391    522,544 
Exelon   20,157    927,020 
FirstEnergy   10,243    486,747 
NextEra Energy   41,050    4,017,974 
NiSource   9,439    455,715 
NRG Energy   4,187    651,413 
PG&E   43,332    720,178 
Pinnacle West Capital   2,366    245,402 
PPL   14,575    545,688 
Public Service Enterprise Group   9,840    803,534 
Sempra   12,863    1,223,529 
Southern   21,697    2,098,100 
Vistra   6,269    989,499 
WEC Energy Group   6,425    757,764 
Xcel Energy   11,655    966,782 
         28,567,608 
TOTAL UNITED STATES        1,208,239,090 
TOTAL COMMON STOCK
(Cost $811,191,501)
        1,211,017,618 
           
SHORT-TERM INVESTMENT(B)(C) — 0.0%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 3.580%
(Cost $373,495)
   373,495    373,495 
TOTAL INVESTMENTS — 99.8%
(Cost $811,564,996)
       $1,211,391,113 

 

Percentages are based on Net Assets of $1,213,337,780.

 

* Non-income producing security.
Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $372,118.

 

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

62

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Catholic Values ETF

 

 

(B) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $373,495. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $0.
(C) The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2026.

 

As of April 30, 2026, 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.

63

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — 99.1%        
AUSTRALIA — 2.3%        
Utilities — 2.3%        
APA Group   144,845   $1,076,767 
           
AUSTRIA — 2.1%          
Energy — 2.1%          
OMV    14,041    990,717 
           
BELGIUM — 1.9%          
Financials — 1.9%          
Ageas   11,730    917,782 
           
CHINA — 2.1%          
Industrials — 2.1%          
SITC International Holdings   244,300    1,019,145 
           
FRANCE — 16.6%          
Communication Services — 2.2%          
Orange    50,696    1,056,761 
           
Consumer Discretionary — 1.9%          
Renault   25,572    893,016 
           
Consumer Staples — 2.1%          
Carrefour   52,026    1,034,442 
           
Financials — 3.2%          
AXA    16,200    777,998 
Credit Agricole    38,225    744,116 
         1,522,114 
Real Estate — 4.7%          
Covivio    13,327    878,586 
Gecina    6,849    577,258 
Klepierre    19,741    797,995 
         2,253,839 

 

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

64

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued        
Utilities — 2.5%        
Engie    35,845   $1,180,285 
           
TOTAL FRANCE        7,940,457 
GERMANY — 1.7%          
Materials — 1.7%          
Evonik Industries   40,296    835,718 
           
HONG KONG — 14.5%          
Communication Services — 1.8%          
HKT Trust & HKT   538,020    871,546 
           
Consumer Staples — 2.2%          
WH Group   873,500    1,061,525 
           
Real Estate — 6.6%          
Henderson Land Development   244,033    958,843 
Link REIT    207,500    1,038,327 
Sino Land   728,400    1,161,349 
         3,158,519 
Utilities — 3.9%          
CK Infrastructure Holdings   113,200    949,385 
Power Assets Holdings   112,673    928,424 
         1,877,809 
TOTAL HONG KONG        6,969,399 
ITALY — 12.5%          
Energy — 3.0%          
Eni   51,372    1,446,284 
           
Financials — 7.4%          
Banca Monte dei Paschi di Siena    65,054    690,771 
Banco BPM   67,624    982,455 
Generali    20,169    901,416 
Poste Italiane    35,850    949,995 
         3,524,637 

 

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

65

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued        
Utilities — 2.1%        
Snam   128,879   $1,016,845 
           
TOTAL ITALY        5,987,766 
JAPAN — 3.2%          
Communication Services — 1.5%          
SoftBank    498,365    705,703 
           
Industrials — 1.7%          
Mitsui OSK Lines    21,892    829,131 
           
TOTAL JAPAN        1,534,834 
NETHERLANDS — 2.2%          
Financials — 2.2%          
NN Group    12,256    1,068,202 
           
NORWAY — 8.8%          
Communication Services — 1.7%          
Telenor   49,383    809,549 
           
Energy — 5.3%          
Aker BP    33,001    1,279,229 
Equinor    32,079    1,282,112 
         2,561,341 
Financials — 1.8%          
DNB Bank   28,220    851,217 
           
TOTAL NORWAY        4,222,107 
PORTUGAL — 2.2%          
Utilities — 2.2%          
EDP    192,032    1,045,895 
           
SPAIN — 8.3%          
Communication Services — 1.4%          
Telefonica   147,972    669,665 

 

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

66

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued        
Energy — 3.2%        
Repsol   57,097   $1,525,748 
           
Financials — 2.3%          
CaixaBank   87,493    1,112,547 
           
Utilities — 1.4%          
Naturgy Energy Group    20,768    652,411 
           
TOTAL SPAIN        3,960,371 
SWEDEN — 3.5%          
Financials — 1.6%          
Svenska Handelsbanken, Cl A   55,063    776,973 
           
Industrials — 1.9%          
Volvo, Cl B   26,481    913,335 
           
TOTAL SWEDEN        1,690,308 
SWITZERLAND — 1.6%          
Financials — 1.6%          
Zurich Insurance Group   1,079    750,285 
           
UNITED KINGDOM — 13.6%          
Consumer Staples — 3.7%          
British American Tobacco PLC   17,144    1,007,086 
Imperial Brands PLC   20,160    767,314 
         1,774,400 
Financials — 9.9%          
Admiral Group PLC   25,690    1,179,215 
Aviva PLC   92,841    786,711 
Legal & General Group PLC    234,216    801,068 
M&G PLC   254,264    1,045,844 
Standard Life PLC    91,155    936,422 
         4,749,260 
TOTAL UNITED KINGDOM        6,523,660 

 

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

67

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X MSCI SuperDividend® EAFE ETF

 

   Shares   Value 
COMMON STOCK — continued        
UNITED STATES — 2.0%        
Industrials — 2.0%        
AP Moller - Maersk, Cl A   405   $949,860 
          
TOTAL COMMON STOCK
(Cost $40,156,682)
        47,483,273 
TOTAL INVESTMENTS — 99.1%
(Cost $40,156,682)
       $47,483,273 

 

Percentages are based on Net Assets of $47,925,649.

 

A list of the open futures contracts held by the Fund at April 30, 2026, is as follows:

Type of Contract    Number of
Contracts
   Expiration
Date
  Notional Amount   Value   Unrealized
Depreciation
 
Long Contracts                      
MSCI EAFE Index    2    Jun-2026  $307,073   $304,610   $(2,463)

 

Real Estate Investment Trust

 

The following is a summary of the level of inputs used as of April 30, 2026, 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  $47,483,273   $   $   $47,483,273 
Total Investments in Securities  $47,483,273   $   $   $47,483,273 
                     
Other Financial Instruments  Level 1  Level 2   Level 3   Total
Futures Contracts*                    
Unrealized Depreciation  $(2,463)  $   $   $(2,463)
Total Other Financial Instruments  $(2,463)  $   $   $(2,463)

 

* Futures contracts are valued at unrealized depreciation 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.

68

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — 100.0%          
AUSTRALIA — 0.7%          
Consumer Discretionary — 0.7%          
Temple & Webster Group *   18,993   $77,014 
Web Travel Group *   64,017    121,966 
           
TOTAL AUSTRALIA        198,980 
BRAZIL — 4.4%          
Consumer Discretionary — 4.0%          
MercadoLibre *   661    1,184,929 
           
Information Technology — 0.4%          
VTEX, Cl A *   28,940    108,814 
           
TOTAL BRAZIL        1,293,743 
CANADA — 8.1%          
Industrials — 4.5%          
RB Global    12,529    1,306,775 
           
Information Technology — 3.6%          
Shopify, Cl A *   8,819    1,068,245 
           
TOTAL CANADA        2,375,020 
CHINA — 26.5%          
Communication Services — 4.0%          
NetEase ADR    9,994    1,174,395 
           
Consumer Discretionary — 20.2%          
Alibaba Group Holding ADR   8,176    1,078,251 
JD.com ADR (A)   46,568    1,411,942 
PDD Holdings ADR *   12,880    1,286,454 
Trip.com Group ADR   22,127    1,199,505 
Vipshop Holdings ADR   63,634    915,693 
         5,891,845 
Consumer Staples — 2.3%          
Alibaba Health Information Technology *(A)   1,231,500    686,983 
           
TOTAL CHINA        7,753,223 

 

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

69

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — continued        
GERMANY — 0.6%        
Consumer Discretionary — 0.6%        
Jumia Technologies ADR *   25,675   $182,036 
           
ISRAEL — 2.4%          
Consumer Discretionary — 2.4%          
Global-e Online *   22,235    697,512 
           
JAPAN — 4.2%          
Consumer Discretionary — 3.6%          
Rakuten Group *   218,180    1,057,033 
           
Information Technology — 0.6%          
AnyMind Group (A)   27,561    67,010 
BASE   50,364    91,918 
         158,928 
TOTAL JAPAN        1,215,961 
POLAND — 3.7%          
Consumer Discretionary — 3.7%          
Allegro.eu *   130,909    1,072,874 
           
SINGAPORE — 3.2%          
Consumer Discretionary — 3.2%          
Sea ADR *   11,091    941,404 
           
UNITED STATES — 46.2%          
Communication Services — 1.2%          
Shutterstock   5,565    89,986 
TripAdvisor *   22,719    252,862 
         342,848 
Consumer Discretionary — 36.8%          
Amazon.com *   5,870    1,555,902 
Bed Bath & Beyond *(A)   15,274    74,843 
Booking Holdings   6,694    1,127,002 
Carvana, Cl A *   3,029    1,198,878 
Domino’s Pizza   3,410    1,157,422 

 

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

70

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X E-commerce ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
eBay    14,712   $1,522,398 
Etsy *   20,430    1,314,466 
Expedia Group   4,778    1,186,712 
GigaCloud Technology, Cl A *   4,995    222,228 
Groupon, Cl A *(A)   6,458    91,768 
Lands’ End *(A)   6,950    78,465 
Williams-Sonoma    6,722    1,218,094 
         10,748,178 
Financials — 0.4%          
LendingTree *   2,330    115,545 
           
Industrials — 1.2%          
ACV Auctions, Cl A *   34,273    177,877 
Liquidity Services *   4,841    172,581 
         350,458 
Information Technology — 4.0%          
Commerce.com *   26,108    73,886 
GoDaddy, Cl A *   12,846    1,114,904 
         1,188,790 
Real Estate — 2.6%          
CoStar Group *   21,749    752,733 
           
TOTAL UNITED STATES        13,498,552 
TOTAL COMMON STOCK
(Cost $37,946,080)
        29,229,305 
           
   Face Amount         
REPURCHASE AGREEMENTS(B) — 0.9%          
Citadel Securities LLC
3.710%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $7,001 (collateralized by various U.S. Treasury Obligations, ranging in par value $0 - $608, 0.000% - 6.750%, 05/15/2026 - 02/15/2056, with a total market value of $7,120)
  $7,000    7,000 

 

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

71

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X E-commerce ETF

 

   Face Amount   Value 
REPURCHASE AGREEMENTS(B) — continued          
Daiwa Capital Markets America, Inc.
3.650%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $249,025 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $66 - $103,793, 0.500% - 6.500%, 05/12/2027 - 05/01/2056, with a total market value of $252,976)
  $249,000   $249,000 
Deutsche Bank Securities, Inc.
3.640%, dated 04/30/2026, to be repurchased on 05/01/2026, repurchase price $17,607 (collateralized by various U.S. Treasury Obligations, ranging in par value $2,754 - $19,128, 3.000% - 3.250%, 05/15/2042 - 02/15/2048, with a total market value of $17,655)
   17,605    17,605 
TOTAL REPURCHASE AGREEMENTS
(Cost $273,605)
        273,605 
TOTAL INVESTMENTS — 100.9%
(Cost $38,219,685)
       $29,502,910 

 

Percentages are based on Net Assets of $29,230,166.

 

* Non-income producing security.
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $494,924.
(B) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $273,605. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $223,482.

 

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

72

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X E-commerce ETF

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $29,229,305   $   $   $29,229,305 
Repurchase Agreements       273,605        273,605 
Total Investments in Securities  $29,229,305   $273,605   $   $29,502,910 

 

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.

73

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — 99.2%          
AUSTRALIA — 9.8%          
Communication Services — 0.1%          
REA Group   116   $14,165 
Telstra Group   9,070    34,691 
         48,856 
Consumer Discretionary — 0.5%          
Aristocrat Leisure    1,655    56,256 
Wesfarmers   3,067    160,790 
         217,046 
Consumer Staples — 0.5%          
Coles Group    5,617    89,288 
Woolworths Group   5,178    128,024 
         217,312 
Energy — 0.3%          
Santos    8,040    46,243 
Woodside Energy Group   4,674    112,740 
         158,983 
Financials — 3.2%          
ANZ Group Holdings   7,513    197,964 
Commonwealth Bank of Australia   4,171    520,760 
Insurance Australia Group    5,851    31,591 
Macquarie Group   880    148,729 
National Australia Bank    7,646    219,224 
QBE Insurance Group    3,739    60,053 
Suncorp Group    2,683    33,004 
Westpac Banking    8,525    235,968 
         1,447,293 
Health Care — 1.7%          
Cochlear   769    51,970 
CSL    5,707    510,295 
Pro Medicus    657    63,484 
Sigma Healthcare   67,543    135,482 
         761,231 

 

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

74

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — 0.5%          
Brambles   4,751   $77,298 
Computershare   1,909    41,421 
Transurban Group    10,896    109,672 
         228,391 
Information Technology — 0.0%          
WiseTech Global   532    16,340 
           
Materials — 2.6%          
BHP Group   12,916    498,841 
Fortescue   4,228    59,730 
Glencore PLC   23,964    184,895 
Northern Star Resources   3,639    54,941 
Rio Tinto   946    113,853 
Rio Tinto PLC    2,712    270,787 
         1,183,047 
Real Estate — 0.3%          
Goodman Group    5,027    106,907 
Scentre Group    12,905    34,421 
         141,328 
Utilities — 0.1%          
Origin Energy   4,423    38,477 
           
TOTAL AUSTRALIA        4,458,304 
AUSTRIA — 0.3%          
Energy — 0.1%          
OMV    357    25,189 
           
Financials — 0.2%          
Erste Group Bank    799    88,290 
Raiffeisen Bank International   326    17,744 
         106,034 
Industrials — 0.0%          
Strabag   54    5,695 

 

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

75

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued        
Utilities — 0.0%        
Verbund   214   $16,104 
           
TOTAL AUSTRIA        153,022 
BELGIUM — 1.7%          
Consumer Staples — 0.7%          
Anheuser-Busch InBev   4,190    316,531 
           
Financials — 0.2%          
KBC Group    617    81,967 
           
Health Care — 0.8%          
UCB    1,424    386,201 
           
TOTAL BELGIUM        784,699 
BRAZIL — 0.1%          
Materials — 0.1%          
Yara International    415    24,045 
           
CHINA — 0.6%          
Consumer Discretionary — 0.4%          
Chow Tai Fook Jewellery Group   6,200    8,413 
Prosus    3,603    173,582 
         181,995 
Consumer Staples — 0.1%          
Budweiser Brewing APAC    7,000    6,854 
Wilmar International    11,112    31,498 
         38,352 
Financials — 0.1%          
BOC Hong Kong Holdings   9,300    53,090 
           
TOTAL CHINA        273,437 
DENMARK — 0.9%          
Financials — 0.2%          
Danske Bank    1,637    84,110 

 

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

76

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued        
Health Care — 0.2%        
Coloplast, Cl B    1,414   $87,436 
           
Industrials — 0.4%          
DSV   690    168,815 
           
Materials — 0.1%          
Novonesis Novozymes B, Cl B   867    53,203 
           
TOTAL DENMARK        393,564 
FINLAND — 1.3%          
Consumer Discretionary — 0.0%          
Amer Sports *   426    14,940 
           
Financials — 0.5%          
Nordea Bank    8,570    159,416 
Sampo, Cl A    6,269    65,081 
         224,497 
Industrials — 0.3%          
Kone, Cl B    1,375    87,421 
Wartsila Abp   1,714    71,879 
         159,300 
Information Technology — 0.4%          
Nokia   13,589    169,050 
           
Utilities — 0.1%          
Fortum    1,126    28,319 
           
TOTAL FINLAND        596,106 
FRANCE — 8.4%          
Consumer Discretionary — 1.2%          
Christian Dior   10    4,988 
Hermes International SCA   96    182,826 
LVMH Moet Hennessy Louis Vuitton    692    366,424 
         554,238 

 

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

77

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — 1.4%          
Danone   2,733   $213,964 
L’Oreal   973    417,801 
         631,765 
Energy — 1.0%          
TotalEnergies   5,037    468,496 
           
Financials — 1.1%          
AXA    4,116    197,669 
BNP Paribas    2,469    258,433 
Credit Agricole    2,782    54,157 
         510,259 
Health Care — 1.6%          
EssilorLuxottica   3,446    732,671 
           
Industrials — 0.9%          
Cie de Saint-Gobain   1,620    147,543 
Vinci    1,765    266,050 
         413,593 
Information Technology — 0.1%          
Dassault Systemes    1,655    37,071 
           
Materials — 0.7%          
Air Liquide   1,471    315,914 
           
Utilities — 0.4%          
Engie    4,754    156,537 
           
TOTAL FRANCE        3,820,544 
GERMANY — 8.9%          
Communication Services — 0.6%          
Deutsche Telekom   7,906    255,687 
           
Consumer Discretionary — 0.4%          
Bayerische Motoren Werke   719    65,719 
Mercedes-Benz Group   1,970    114,586 

 

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

78

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued        
Consumer Discretionary — continued        
Volkswagen    82   $8,460 
         188,765 
Financials — 2.3%          
Allianz    948    432,587 
Commerzbank    2,473    102,142 
Deutsche Bank   4,724    146,849 
Deutsche Boerse    469    143,922 
Hannover Rueck    150    45,327 
Muenchener Rueckversicherungs-Gesellschaft in Muenchen   326    195,337 
         1,066,164 
Health Care — 0.3%          
Siemens Healthineers    3,462    141,651 
           
Industrials — 3.3%          
Deutsche Post    3,245    191,773 
Siemens   2,585    765,815 
Siemens Energy    2,552    540,588 
         1,498,176 
Information Technology — 1.4%          
Infineon Technologies   3,259    218,406 
SAP    2,567    438,132 
         656,538 
Materials — 0.3%          
BASF   2,270    145,763 
           
Utilities — 0.3%          
E.ON    5,684    125,951 
           
TOTAL GERMANY        4,078,695 
HONG KONG — 1.8%          
Financials — 1.2%          
AIA Group    25,765    279,727 
Futu Holdings ADR    148    22,867 
Hong Kong Exchanges & Clearing   2,714    142,876 

 

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

79

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued        
Financials — continued        
Prudential PLC    6,274   $93,609 
         539,079 
Industrials — 0.2%          
MTR   5,300    22,570 
Techtronic Industries   4,883    69,751 
         92,321 
Real Estate — 0.2%          
CK Asset Holdings   4,500    28,067 
Henderson Land Development   3,550    13,948 
Sun Hung Kai Properties    3,540    61,367 
         103,382 
Utilities — 0.2%          
CK Infrastructure Holdings   1,250    10,483 
CLP Holdings   3,766    36,104 
Hong Kong & China Gas   26,710    24,651 
Power Assets Holdings   3,400    28,016 
         99,254 
TOTAL HONG KONG        834,036 
INDONESIA — 0.1%          
Industrials — 0.1%          
Jardine Matheson Holdings   695    47,184 
           
IRELAND — 0.2%          
Financials — 0.1%          
AIB Group PLC   5,280    60,686 
           
Industrials — 0.1%          
Kingspan Group PLC   537    49,543 
           
TOTAL IRELAND        110,229 
ISRAEL — 1.2%          
Communication Services — 0.0%          
Bezeq The Israeli Telecommunication    6,406    17,427 

 

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

80

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued        
Consumer Discretionary — 0.0%        
Global-e Online *   298   $9,348 
           
Financials — 0.7%          
Bank Hapoalim   3,273    87,597 
Bank Leumi Le-Israel   3,657    92,387 
First International Bank of Israel   130    10,855 
Harel Insurance Investments & Financial Services   277    17,171 
Israel Discount Bank, Cl A    3,049    33,897 
Menora Mivtachim Holdings    53    8,637 
Mizrahi Tefahot Bank   382    30,020 
Phoenix Financial    572    34,353 
         314,917 
Information Technology — 0.4%          
Camtek *   74    13,814 
Cellebrite DI *   302    3,926 
Check Point Software Technologies *   208    23,394 
Nice *   151    15,222 
Nova *   79    38,923 
Tower Semiconductor *   276    56,674 
Wix.com *   132    9,859 
         161,812 
Real Estate — 0.1%          
Azrieli Group    91    14,543 
Melisron   63    9,332 
         23,875 
TOTAL ISRAEL        527,379 
ITALY — 3.1%          
Consumer Discretionary — 0.3%          
Ferrari   333    114,590 
           
Energy — 0.3%          
Eni   5,153    145,073 
           
Financials — 1.7%          
Banca Monte dei Paschi di Siena    5,377    57,095 

 

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

81

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Generali    2,627   $117,409 
Intesa Sanpaolo   38,193    258,733 
Poste Italiane    1,127    29,864 
UniCredit    3,879    298,588 
         761,689 
Industrials — 0.3%          
Prysmian    1,046    156,996 
           
Utilities — 0.5%          
Enel    19,793    230,417 
           
TOTAL ITALY        1,408,765 
JAPAN — 26.9%          
Communication Services — 1.7%          
Capcom   736    15,513 
KDDI   6,456    106,395 
Konami Group   241    29,067 
LY   5,658    14,886 
Nexon    906    15,278 
Nintendo    2,671    131,023 
NTT   68,318    66,485 
SoftBank    65,756    93,113 
SoftBank Group   8,897    296,311 
         768,071 
Consumer Discretionary — 4.1%          
Aisin   1,509    23,963 
Asics   2,034    57,527 
Bandai Namco Holdings   1,776    41,061 
Bridgestone    3,168    66,006 
Denso   5,238    62,924 
Fast Retailing    592    278,008 
Honda Motor    10,993    88,846 
Isuzu Motors    1,510    20,679 
Nitori Holdings   1,194    16,888 
Oriental Land    3,307    46,185 
Pan Pacific International Holdings   7,223    40,995 
Panasonic Holdings   6,690    136,741 

 

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

82

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Rakuten Group *   4,153   $20,120 
Ryohin Keikaku   1,490    34,392 
Sanrio    2,900    16,933 
Sekisui House   1,802    39,213 
Shimano   230    24,093 
Subaru   1,588    23,809 
Sumitomo Electric Industries   2,147    139,612 
Suzuki Motor   5,357    59,773 
Toyota Motor   32,268    622,483 
         1,860,251 
Consumer Staples — 1.0%          
Aeon    11,697    112,711 
Asahi Group Holdings   6,451    63,726 
Kao   1,892    70,437 
Kirin Holdings   3,463    54,794 
Seven & i Holdings   10,060    120,113 
Suntory Beverage & Food    570    16,365 
Unicharm    5,471    31,844 
         469,990 
Energy — 0.3%          
ENEOS Holdings   6,675    56,248 
Inpex   2,215    58,660 
         114,908 
Financials — 4.6%          
Daiichi Life Group   9,130    83,898 
Daiwa Securities Group   3,445    32,261 
Japan Exchange Group   2,562    30,467 
Japan Post Bank   4,424    75,914 
Mitsubishi HC Capital   2,446    22,219 
Mitsubishi UFJ Financial Group    29,412    528,723 
Mizuho Financial Group   6,205    266,169 
MS&AD Insurance Group Holdings   3,042    78,309 
Nomura Holdings   7,370    59,095 
ORIX   2,913    98,057 
Resona Holdings   5,793    71,662 
SBI Holdings   1,296    26,126 

 

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

83

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Sompo Holdings    2,313   $85,565 
Sumitomo Mitsui Financial Group    9,610    338,026 
Sumitomo Mitsui Trust Group    1,783    58,916 
T&D Holdings   1,292    31,264 
Tokio Marine Holdings   4,850    222,901 
         2,109,572 
Health Care — 3.4%          
Hoya    3,953    734,069 
Kyowa Kirin   2,759    41,586 
Olympus    13,049    128,779 
Otsuka Holdings    6,091    443,109 
Shionogi   9,488    191,934 
         1,539,477 
Industrials — 6.3%          
Central Japan Railway   3,363    80,349 
East Japan Railway    3,990    86,265 
FANUC   3,212    140,918 
Fujikura   5,788    220,543 
IHI   3,787    68,947 
ITOCHU    24,670    305,098 
Kajima    1,625    63,432 
Kawasaki Kisen Kaisha   2,284    37,349 
Komatsu   3,240    135,571 
Kubota    3,534    57,575 
Marubeni   5,879    227,799 
Mitsubishi Electric   7,471    297,066 
Mitsui    10,169    382,607 
Mitsui OSK Lines    1,252    47,418 
NIDEC *   3,713    56,795 
Nippon Yusen    1,486    53,758 
Obayashi    2,218    51,789 
Recruit Holdings   5,523    257,391 
Secom   1,412    51,721 
SMC    220    106,810 
Sumitomo   4,313    160,735 
         2,889,936 

 

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

84

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — 3.9%          
Advantest    1,845   $332,725 
Canon    2,309    59,042 
Disco    237    111,932 
Fujitsu   4,373    88,741 
Keyence    492    223,858 
Kyocera   3,568    61,715 
Lasertec   224    61,023 
Murata Manufacturing   4,652    153,063 
NEC   3,397    88,900 
Nomura Research Institute   1,136    30,027 
Obic   825    21,906 
Oracle Japan   105    5,792 
Renesas Electronics    4,673    95,783 
TDK    4,908    90,530 
Tokyo Electron    1,185    335,676 
         1,760,713 
Materials — 0.9%          
Asahi Kasei    3,476    34,049 
Nippon Paint Holdings    2,710    17,109 
Nippon Sanso Holdings   572    20,222 
Nippon Steel   13,526    49,398 
Nitto Denko   1,698    32,480 
Shin-Etsu Chemical    5,066    234,250 
         387,508 
Real Estate — 0.6%          
Daiwa House Industry   1,456    44,487 
Mitsubishi Estate    3,015    85,310 
Mitsui Fudosan   6,894    74,987 
Sumitomo Realty & Development   2,348    72,565 
         277,349 
Utilities — 0.1%          
Osaka Gas    968    35,099 
Tokyo Gas   774    32,945 
         68,044 
TOTAL JAPAN        12,245,819 

 

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

85

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
NETHERLANDS — 5.8%          
Communication Services — 0.1%          
Universal Music Group    2,407   $50,301 
           
Consumer Staples — 0.6%          
Heineken   1,172    90,930 
Koninklijke Ahold Delhaize   3,778    177,360 
         268,290 
Financials — 0.6%          
Adyen *   80    89,949 
ING Groep    6,836    198,509 
         288,458 
Health Care — 1.3%          
Argenx *   731    572,809 
           
Industrials — 0.1%          
Wolters Kluwer   813    63,344 
           
Information Technology — 3.1%          
ASML Holding   974    1,396,652 
           
TOTAL NETHERLANDS        2,639,854 
NEW ZEALAND — 0.5%          
Financials — 0.0%          
Infratil   2,464    18,090 
           
Health Care — 0.3%          
Fisher & Paykel Healthcare    6,872    147,878 
           
Industrials — 0.1%          
Auckland International Airport    5,993    29,109 
           
Information Technology — 0.1%          
Xero *   433    24,917 
           
Utilities — 0.0%          
Mercury NZ    1,833    7,231 

 

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

86

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — continued          
Meridian Energy    3,416   $11,423 
         18,654 
TOTAL NEW ZEALAND        238,648 
NORWAY — 0.9%          
Communication Services — 0.1%          
Telenor   1,448    23,737 
Vend Marketplaces, Cl B    412    11,285 
         35,022 
Consumer Staples — 0.2%          
Mowi    1,874    41,378 
Orkla   3,210    39,406 
         80,784 
Energy — 0.3%          
Aker BP    734    28,452 
Equinor    2,093    83,652 
Var Energi    2,292    11,563 
         123,667 
Financials — 0.1%          
DNB Bank   2,099    63,313 
Gjensidige Forsikring   460    12,837 
         76,150 
Industrials — 0.1%          
Kongsberg Gruppen    1,546    51,519 
Kongsberg Maritime *   1,546    10,091 
         61,610 
Materials — 0.1%          
Norsk Hydro   3,321    36,503 
           
TOTAL NORWAY        413,736 
PORTUGAL — 0.2%          
Consumer Staples — 0.1%          
Jeronimo Martins   1,182    28,369 

 

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

87

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Energy — 0.0%          
Galp Energia   1,035   $24,233 
           
Utilities — 0.1%          
EDP    7,717    42,030 
           
TOTAL PORTUGAL        94,632 
SINGAPORE — 1.9%          
Communication Services — 0.1%          
Singapore Telecommunications   16,390    59,071 
           
Consumer Discretionary — 0.2%          
Sea ADR *   1,016    86,238 
           
Financials — 1.1%          
DBS Group Holdings    4,868    223,610 
Oversea-Chinese Banking    9,679    166,440 
United Overseas Bank   3,259    92,507 
         482,557 
Industrials — 0.2%          
Grab Holdings, Cl A *   10,107    38,609 
Singapore Airlines    4,763    23,524 
Singapore Technologies Engineering   5,028    42,323 
         104,456 
Information Technology — 0.2%          
STMicroelectronics   1,629    87,892 
           
Real Estate — 0.1%          
CapitaLand Integrated Commercial Trust    14,061    26,056 
           
TOTAL SINGAPORE        846,270 
SOUTH AFRICA — 0.3%          
Materials — 0.3%          
Anglo American PLC   2,998    146,107 

 

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

88

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
SPAIN — 3.4%          
Consumer Discretionary — 0.5%          
Amadeus IT Group    1,215   $69,837 
Industria de Diseno Textil   3,061    181,618 
         251,455 
Financials — 1.9%          
Banco Bilbao Vizcaya Argentaria   14,219    313,743 
Banco Santander   36,591    445,541 
CaixaBank   9,454    120,215 
         879,499 
Industrials — 0.2%          
Aena SME   2,570    70,063 
           
Utilities — 0.8%          
Iberdrola    15,926    372,705 
           
TOTAL SPAIN        1,573,722 
SWEDEN — 3.7%          
Consumer Discretionary — 0.1%          
H & M Hennes & Mauritz, Cl B    1,319    23,466 
           
Consumer Staples — 0.1%          
Essity, Cl B   2,507    66,253 
           
Financials — 1.0%          
EQT   923    29,590 
Industrivarden, Cl A    305    16,048 
Industrivarden, Cl C   433    22,563 
Investor, Cl B    4,541    182,584 
L E Lundbergforetagen, Cl B   184    10,580 
Skandinaviska Enskilda Banken, Cl A    3,773    73,874 
Skandinaviska Enskilda Banken, Cl C   50    1,004 
Svenska Handelsbanken, Cl A   3,878    54,721 
Svenska Handelsbanken, Cl B    98    2,354 
Swedbank, Cl A    2,257    78,967 
         472,285 

 

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

89

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — 2.2%          
Alfa Laval    1,021   $60,475 
Assa Abloy, Cl B    3,499    132,897 
Atlas Copco, Cl A    8,883    167,254 
Atlas Copco, Cl B    5,506    92,154 
Epiroc, Cl A   2,191    62,425 
Epiroc, Cl B    1,389    34,260 
Investment Latour, Cl B    494    11,202 
Saab, Cl B    1,095    66,278 
Sandvik   3,759    155,652 
Volvo, Cl A   684    23,569 
Volvo, Cl B   5,605    193,318 
         999,484 
Information Technology — 0.3%          
Hexagon, Cl B   5,293    56,775 
Telefonaktiebolaget LM Ericsson, Cl B   7,359    86,182 
         142,957 
TOTAL SWEDEN        1,704,445 
SWITZERLAND — 3.6%          
Consumer Discretionary — 0.6%          
Cie Financiere Richemont, Cl A   1,467    278,562 
           
Financials — 1.3%          
UBS Group   7,517    331,611 
Zurich Insurance Group   382    265,625 
         597,236 
Industrials — 1.4%          
ABB    5,465    548,142 
Schindler Holding   76    25,461 
Schindler Holding   144    50,342 
         623,945 
Materials — 0.3%          
Givaudan   21    74,784 

 

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

90

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
Sika    408   $74,969 
         149,753 
TOTAL SWITZERLAND        1,649,496 
UNITED KINGDOM — 7.4%          
Consumer Discretionary — 0.3%          
Compass Group PLC   4,639    131,052 
           
Consumer Staples — 2.2%          
Coca-Cola Europacific Partners PLC   876    82,843 
Diageo PLC   9,438    188,652 
Tesco PLC   27,066    177,291 
Unilever PLC    9,244    539,753 
         988,539 
Financials — 3.7%          
3i Group PLC    2,554    88,914 
Barclays PLC    34,408    201,725 
HSBC Holdings PLC    42,777    784,136 
Lloyds Banking Group PLC    147,073    199,230 
London Stock Exchange Group PLC   1,127    146,250 
NatWest Group PLC    19,896    158,212 
Standard Chartered PLC   4,602    116,488 
         1,694,955 
Industrials — 0.7%          
CK Hutchison Holdings    9,720    80,713 
RELX PLC   6,399    233,206 
         313,919 
Utilities — 0.5%          
National Grid PLC   12,735    227,075 
           
TOTAL UNITED KINGDOM        3,355,540 
UNITED STATES — 6.2%          
Communication Services — 0.3%          
Spotify Technology *   357    159,418 

 

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

91

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — 0.1%          
Stellantis *   5,530   $40,278 
           
Energy — 2.1%          
BP PLC   38,967    309,122 
Shell PLC   14,086    636,619 
         945,741 
Financials — 0.3%          
Swiss Re    745    119,983 
           
Health Care — 1.0%          
Alcon   5,899    439,153 
           
Industrials — 1.9%          
AP Moller - Maersk, Cl A   9    21,108 
AP Moller - Maersk, Cl B   15    35,522 
Experian PLC    3,224    117,803 
Ferrovial    1,697    116,334 
Schneider Electric   1,909    601,489 
         892,256 
Information Technology — 0.2%          
ARM Holdings PLC ADR *   348    73,191 
JFrog *   259    12,028 
Monday.com *   104    6,851 
         92,070 
Materials — 0.3%          
Holcim   1,272    117,888 
James Hardie Industries PLC *   1,475    30,859 
         148,747 
TOTAL UNITED STATES        2,837,646 
TOTAL COMMON STOCK
(Cost $40,407,347)
        45,255,924 

 

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

92

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

 

   Shares   Value 
PREFERRED STOCK — 0.2%          
GERMANY— 0.2%          
Consumer Discretionary — 0.2%          
Bayerische Motoren Werke (A)   149   $13,572 
Dr Ing hc F Porsche (A)   299    14,468 
Volkswagen (A)   563    56,942 
TOTAL GERMANY        84,982 
TOTAL PREFERRED STOCK
(Cost $101,139)
        84,982 
TOTAL INVESTMENTS — 99.4%
(Cost $40,508,486)
       $45,340,906 

 

Percentages are based on Net Assets of $45,600,025.

 

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

 

As of April 30, 2026, 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.

93

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NASDAQ 100® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — 99.6%          
BRAZIL — 0.5%          
Consumer Discretionary — 0.5%          
MercadoLibre *   8   $14,341 
           
CANADA — 0.9%          
Industrials — 0.2%          
Thomson Reuters   71    6,794 
           
Information Technology — 0.7%          
Shopify, Cl A *   192    23,257 
           
TOTAL CANADA        30,051 
CHINA — 0.3%          
Consumer Discretionary — 0.3%          
PDD Holdings ADR *   102    10,188 
           
NETHERLANDS — 0.9%          
Information Technology — 0.9%          
ASML Holding   13    18,707 
NXP Semiconductors    39    11,450 
           
TOTAL NETHERLANDS        30,157 
UNITED KINGDOM — 0.2%          
Consumer Staples — 0.2%          
Coca-Cola Europacific Partners PLC   71    6,714 
           
UNITED STATES — 96.8%          
Communication Services — 15.1%          
Alphabet, Cl A    329    126,599 
Alphabet, Cl C   309    118,020 
Charter Communications, Cl A *   19    3,138 
Comcast, Cl A   560    15,142 
Electronic Arts   39    7,893 
Meta Platforms, Cl A   167    102,189 
Netflix *   663    62,063 
Take-Two Interactive Software *   28    5,985 
T-Mobile US   173    33,822 

 

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

94

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NASDAQ 100® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
Warner Bros Discovery *   397   $10,739 
         485,590 
Consumer Discretionary — 11.4%          
Airbnb, Cl A *   65    9,123 
Amazon.com *   607    160,891 
Booking Holdings   124    20,877 
DoorDash, Cl A *   64    10,794 
Marriott International, Cl A   41    14,829 
O’Reilly Automotive *   130    12,922 
Ross Stores   50    11,389 
Starbucks    178    18,749 
Tesla *   282    107,620 
         367,194 
Consumer Staples — 7.4%          
Costco Wholesale    69    70,003 
Keurig Dr Pepper   209    6,145 
Kraft Heinz   193    4,373 
Mondelez International, Cl A    199    12,226 
Monster Beverage *   152    11,715 
PepsiCo   213    33,758 
Walmart    762    100,531 
         238,751 
Energy — 0.6%          
Baker Hughes, Cl A   155    10,799 
Diamondback Energy   44    9,048 
         19,847 
Financials — 0.2%          
PayPal Holdings    142    7,120 
           
Health Care — 4.2%          
Alnylam Pharmaceuticals *   21    6,499 
Amgen    83    28,739 
Dexcom *   58    3,454 
GE HealthCare Technologies    69    4,198 
Gilead Sciences    193    25,252 

 

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

95

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NASDAQ 100® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
IDEXX Laboratories *   12   $6,730 
Insmed *   35    4,771 
Intuitive Surgical *   56    25,626 
Regeneron Pharmaceuticals    16    11,313 
Vertex Pharmaceuticals *   40    17,095 
         133,677 
Industrials — 3.4%          
Automatic Data Processing   63    13,352 
Axon Enterprise *   12    4,821 
Cintas   61    10,657 
Copart *   148    4,900 
CSX   289    13,129 
Fastenal   181    8,132 
Ferrovial    111    7,649 
Honeywell International    99    21,219 
Old Dominion Freight Line    34    7,223 
PACCAR   83    9,861 
Paychex   54    5,002 
Verisk Analytics, Cl A    21    3,874 
         109,819 
Information Technology — 51.9%          
Adobe *   64    15,750 
Advanced Micro Devices *   254    90,040 
Analog Devices    76    30,572 
Apple   830    225,221 
Applied Materials    123    48,522 
AppLovin, Cl A *   48    21,425 
ARM Holdings PLC ADR *   21    4,417 
Autodesk *   33    7,821 
Broadcom   268    111,871 
Cadence Design Systems *   43    14,172 
Cisco Systems    620    56,730 
Cognizant Technology Solutions, Cl A    76    4,020 
Crowdstrike Holdings, Cl A *   40    17,830 
Datadog, Cl A *   53    7,006 
Fortinet *   114    9,611 
Intel *   779    73,600 

 

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

96

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NASDAQ 100® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Intuit   44   $17,094 
KLA   20    35,007 
Lam Research   197    50,798 
Marvell Technology    138    22,791 
Microchip Technology    81    7,526 
Micron Technology   176    91,020 
Microsoft    420    171,268 
Monolithic Power Systems    8    12,915 
NVIDIA    1,375    274,409 
Palantir Technologies, Cl A *   360    50,080 
Palo Alto Networks *   127    22,774 
QUALCOMM    167    29,990 
Roper Technologies   16    5,677 
SANDISK *   23    25,220 
Seagate Technology Holdings   33    22,230 
Strategy, Cl A *   49    8,107 
Synopsys *   30    14,478 
Texas Instruments    142    39,913 
Western Digital   53    23,030 
Workday, Cl A *   32    3,917 
Zscaler *   25    3,267 
         1,670,119 
Materials — 1.1%          
Linde PLC   72    36,082 
           
Real Estate — 0.1%          
CoStar Group *   70    2,423 
           
Utilities — 1.4%          
American Electric Power   85    11,654 
Constellation Energy   57    17,841 
Exelon   158    7,267 
Xcel Energy   97    8,046 
         44,808 
TOTAL UNITED STATES        3,115,430 
TOTAL COMMON STOCK
(Cost $2,461,223)
        3,206,881 

 

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

97

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NASDAQ 100® Tail Risk ETF

 

   Value 
PURCHASED OPTIONS — 0.3%
(Cost $53,159)
  $8,835 
TOTAL INVESTMENTS — 99.9%
(Cost $2,514,382)
  $3,215,716 

 

Percentages are based on Net Assets of $3,218,317.

 

A list of exchange-traded option contracts held by the Fund at April 30, 2026, is as follows:

 

Description  Number of
Contracts
   Notional
Amount
   Exercise
Price
   Expiration
Date
  Value 
PURCHASED OPTIONS — 0.3%                       
Put Options                       
Nasdaq-100 Index   1   $2,745,212   $21,800.00   6/18/2026  $4,435 
Nasdaq-100 Micro Index   16    439,232     218.00   6/18/2026   4,400 
Total Purchased Options       $3,184,444           $8,835 

 

* Non-income producing security.

 

As of April 30, 2026, 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.

98

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK(A) — 105.4%          
BRAZIL — 0.5%          
Consumer Discretionary — 0.5%          
MercadoLibre *   10   $17,926 
           
CANADA — 1.0%          
Industrials — 0.2%          
Thomson Reuters   93    8,899 
           
Information Technology — 0.8%          
Shopify, Cl A *   251    30,404 
           
TOTAL CANADA        39,303 
CHINA — 0.3%          
Consumer Discretionary — 0.3%          
PDD Holdings ADR *   136    13,584 
           
NETHERLANDS — 1.0%          
Information Technology — 1.0%          
ASML Holding   18    25,902 
NXP Semiconductors   50    14,679 
           
TOTAL NETHERLANDS        40,581 
UNITED KINGDOM — 0.2%          
Consumer Staples — 0.2%          
Coca-Cola Europacific Partners PLC   95    8,984 
           
UNITED STATES — 102.4%          
Communication Services — 15.9%          
Alphabet, Cl A   429    165,079 
Alphabet, Cl C   401    153,158 
Charter Communications, Cl A *   26    4,295 
Comcast, Cl A   734    19,847 
Electronic Arts   52    10,523 
Meta Platforms, Cl A   218    133,396 
Netflix *   859    80,411 
Take-Two Interactive Software *   38    8,123 
T-Mobile US   223    43,597 

 

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

99

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Communication Services — continued          
Warner Bros Discovery *   507   $13,714 
         632,143 
Consumer Discretionary — 12.1%          
Airbnb, Cl A *   86    12,071 
Amazon.com *   792    209,928 
Booking Holdings   162    27,274 
DoorDash, Cl A *   85    14,335 
Marriott International, Cl A   54    19,531 
O’Reilly Automotive *   171    16,998 
Ross Stores   66    15,034 
Starbucks   233    24,542 
Tesla *   368    140,440 
         480,153 
Consumer Staples — 7.8%          
Costco Wholesale   90    91,308 
Keurig Dr Pepper   282    8,291 
Kraft Heinz   240    5,438 
Mondelez International, Cl A   262    16,097 
Monster Beverage *   195    15,029 
PepsiCo   280    44,377 
Walmart   995    131,270 
         311,810 
Energy — 0.7%          
Baker Hughes, Cl A   206    14,352 
Diamondback Energy   58    11,927 
         26,279 
Financials — 0.2%          
PayPal Holdings   188    9,426 
           
Health Care — 4.4%          
Alnylam Pharmaceuticals *   27    8,356 
Amgen   110    38,087 
Dexcom *   80    4,764 
GE HealthCare Technologies   95    5,780 
Gilead Sciences   254    33,233 

 

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

100

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Health Care — continued          
IDEXX Laboratories *   16   $8,973 
Insmed *   45    6,135 
Intuitive Surgical *   73    33,406 
Regeneron Pharmaceuticals   21    14,848 
Vertex Pharmaceuticals *   52    22,224 
         175,806 
Industrials — 3.6%          
Automatic Data Processing   82    17,379 
Axon Enterprise *   16    6,428 
Cintas   82    14,326 
Copart *   201    6,655 
CSX   380    17,263 
Fastenal   239    10,738 
Ferrovial   147    10,130 
Honeywell International   130    27,863 
Old Dominion Freight Line   43    9,135 
PACCAR   107    12,712 
Paychex   75    6,947 
Verisk Analytics, Cl A   28    5,166 
         144,742 
Information Technology — 54.9%          
Adobe *   83    20,426 
Advanced Micro Devices *   332    117,691 
Analog Devices   100    40,226 
Apple   1,084    294,143 
Applied Materials   161    63,513 
AppLovin, Cl A *   63    28,120 
ARM Holdings PLC ADR *   30    6,310 
Autodesk *   43    10,191 
Broadcom   350    146,101 
Cadence Design Systems *   56    18,457 
Cisco Systems   802    73,383 
Cognizant Technology Solutions, Cl A   97    5,131 
Crowdstrike Holdings, Cl A *   52    23,179 
Datadog, Cl A *   66    8,725 
Fortinet *   151    12,731 
Intel *   1,015    95,897 

 

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

101

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Information Technology — continued          
Intuit   57   $22,145 
KLA   27    47,260 
Lam Research   256    66,012 
Marvell Technology   175    28,901 
Microchip Technology   111    10,313 
Micron Technology   229    118,430 
Microsoft   548    223,463 
Monolithic Power Systems   10    16,144 
NVIDIA   1,795    358,228 
Palantir Technologies, Cl A *   465    64,686 
Palo Alto Networks *   168    30,126 
QUALCOMM   219    39,328 
Roper Technologies   21    7,451 
SANDISK *   30    32,895 
Seagate Technology Holdings   44    29,640 
Strategy, Cl A *   64    10,589 
Synopsys *   39    18,821 
Texas Instruments   186    52,281 
Western Digital   69    29,982 
Workday, Cl A *   45    5,508 
Zscaler *   33    4,312 
         2,180,739 
Materials — 1.2%          
Linde PLC   94    47,107 
           
Real Estate — 0.1%          
CoStar Group *   87    3,011 
           
Utilities — 1.5%          
American Electric Power   112    15,356 
Constellation Energy   75    23,475 
Exelon   210    9,658 
Xcel Energy   123    10,203 
         58,692 
TOTAL UNITED STATES        4,069,908 
TOTAL COMMON STOCK
(Cost $3,351,981)
        4,190,286 

 

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

102

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

   Value
PURCHASED OPTIONS — 0.3%
(Cost $107,967)
  $10,549 
TOTAL INVESTMENTS — 105.7%
(Cost $3,459,948)
  $4,200,835 
      
WRITTEN OPTIONS — (5.8)%      
(Premiums Received  $(37,568))  $(230,670)

 

Percentages are based on Net Assets of $3,973,953.

 

A list of exchange-traded option contracts held by the Fund at April 30, 2026, is as follows:

 

Description  Number of
Contracts
   Notional
Amount
   Exercise
Price
   Expiration
Date
  Value
PURCHASED OPTIONS — 0.3%                       
Put Options                       
Nasdaq-100 Index   1   $2,745,212   $22,850.00   6/18/2026  $6,890 
Nasdaq-100 Micro Index   53    1,454,956    228.00   6/18/2026   3,659 
                        
Total Purchased Options       $4,200,168           $10,549 
WRITTEN OPTIONS — (5.8)%                       
Call Options                       
Nasdaq-100 Index   (1)  $(2,745,212)  $26,450.00   6/18/2026  $(153,190)
Nasdaq-100 Micro Index   (52)   (1,427,504)   264.00   6/18/2026   (77,480)
                        
Total Written Options       $(4,172,716)          $(230,670)
   
* Non-income producing security.
(A) All or a portion of these securities have been segregated as collateral for options contracts. The Fair Value of the securities pledged as collateral is $4,156,053.

 

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

103

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X NASDAQ 100® Collar 95-110 ETF

 

The following is a summary of the level of inputs used as of April 30, 2026, 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  $4,190,286   $   $   $4,190,286 
Purchased Options   10,549            10,549 
Total Investments in Securities  $4,200,835   $   $   $4,200,835 
                     
Other Financial Instruments   Level 1    Level 2    Level 3    Total 
Written Options  $(230,670)  $   $   $(230,670)
Total Other Financial Instruments  $(230,670)  $   $   $(230,670)

 

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.

104

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value  
COMMON STOCK — 99.6%          
NETHERLANDS — 0.1%          
Information Technology — 0.1%          
NXP Semiconductors   14   $4,110 
           
SWITZERLAND — 0.1%          
Information Technology — 0.1%          
TE Connectivity PLC   16    3,387 
           
UNITED STATES — 99.4%          
Communication Services — 11.0%          
Alphabet, Cl A   335    128,908 
Alphabet, Cl C   269    102,742 
AT&T   414    10,818 
Charter Communications, Cl A *   3    496 
Comcast, Cl A   210    5,678 
EchoStar, Cl A *   6    739 
Electronic Arts   13    2,631 
Fox, Cl A   12    762 
Fox, Cl B   10    570 
Live Nation Entertainment *   11    1,737 
Meta Platforms, Cl A   126    77,101 
Netflix *   247    23,122 
News, Cl A   25    658 
News, Cl B   10    305 
Omnicom Group   16    1,228 
Paramount Skydance Corp, Cl B   18    184 
Take-Two Interactive Software *   11    2,351 
TKO Group Holdings, Cl A   2    372 
T-Mobile US   27    5,278 
Trade Desk, Cl A *   25    590 
Verizon Communications   246    11,815 
Walt Disney   104    10,790 
Warner Bros Discovery *   144    3,895 
         392,770 
Consumer Discretionary — 9.9%          
Airbnb, Cl A *   25    3,509 
Amazon.com *   562    148,964 
APTIV PLC *   14    844 

 

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

105

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
AutoZone *   1   $3,704 
Best Buy   12    726 
Booking Holdings   47    7,913 
Carnival   63    1,670 
Carvana, Cl A *   10    3,958 
Chipotle Mexican Grill, Cl A *   77    2,617 
Darden Restaurants   9    1,805 
Deckers Outdoor *   11    1,124 
Domino’s Pizza   1    339 
DoorDash, Cl A *   23    3,879 
DR Horton   15    2,308 
eBay   26    2,690 
Expedia Group   9    2,235 
Ford Motor   228    2,754 
Garmin   11    2,763 
General Motors   53    4,075 
Genuine Parts   10    1,072 
Hasbro   10    958 
Hilton Worldwide Holdings   13    4,213 
Home Depot   56    18,413 
Las Vegas Sands   16    874 
Lennar, Cl A   13    1,174 
Lowe’s   31    7,403 
Lululemon Athletica *   4    551 
Marriott International, Cl A   13    4,702 
McDonald’s   41    12,037 
MGM Resorts International *   13    506 
NIKE, Cl B   67    2,972 
Norwegian Cruise Line Holdings *   28    509 
O’Reilly Automotive *   50    4,970 
Pool   1    213 
PulteGroup   12    1,468 
Ralph Lauren, Cl A   1    359 
Ross Stores   17    3,872 
Royal Caribbean Cruises   14    3,693 
Starbucks   66    6,952 
Tapestry   13    1,886 
Tesla *   161    61,442 
TJX   65    10,189 

 

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

106

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Tractor Supply   29   $1,018 
Ulta Beauty *   2    1,075 
Williams-Sonoma   9    1,631 
Wynn Resorts   3    321 
Yum! Brands   15    2,395 
         354,745 
Consumer Staples — 5.0%          
Altria Group   99    7,192 
Archer-Daniels-Midland   27    2,013 
Brown-Forman, Cl B   12    309 
Bunge Global   10    1,271 
Casey’s General Stores   2    1,644 
Church & Dwight   13    1,262 
Clorox   9    868 
Coca-Cola   224    17,642 
Colgate-Palmolive   49    4,183 
Conagra Brands   26    373 
Constellation Brands, Cl A   10    1,566 
Costco Wholesale   26    26,378 
Dollar General   13    1,507 
Dollar Tree *   12    1,165 
Estee Lauder, Cl A   14    1,074 
General Mills   29    1,024 
Hershey   10    1,857 
Hormel Foods   15    322 
J M Smucker   4    392 
Kenvue   113    1,981 
Keurig Dr Pepper   79    2,323 
Kimberly-Clark   17    1,673 
Kraft Heinz   50    1,133 
Kroger   37    2,519 
McCormick   15    763 
Molson Coors Beverage, Cl B   11    470 
Mondelez International, Cl A   76    4,669 
Monster Beverage *   40    3,083 
PepsiCo   79    12,521 
Philip Morris International   91    15,021 
Procter & Gamble   132    19,416 

 

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

107

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
Sysco   27   $2,017 
Target   26    3,374 
The Campbell’s Company   13    270 
Tyson Foods, Cl A   17    1,089 
Walmart   251    33,114 
         177,478 
Energy — 3.5%          
APA   27    1,100 
Baker Hughes, Cl A   55    3,832 
Chevron   107    20,684 
ConocoPhillips   73    9,182 
Coterra Energy   46    1,652 
Devon Energy   37    1,901 
Diamondback Energy   12    2,468 
EOG Resources   29    4,076 
EQT   37    2,223 
Expand Energy   14    1,430 
Exxon Mobil   240    37,039 
Halliburton   50    2,115 
Kinder Morgan   115    3,780 
Marathon Petroleum   16    3,973 
Occidental Petroleum   40    2,423 
ONEOK   37    3,421 
Phillips 66   24    4,300 
SLB   88    5,005 
Targa Resources   13    3,381 
Texas Pacific Land   2    887 
Valero Energy   16    4,041 
Williams   69    5,265 
         124,178 
Financials — 12.0%          
Aflac   27    3,069 
Allstate   14    3,042 
American Express   29    9,368 
American International Group   29    2,169 
Ameriprise Financial   4    1,899 
Aon PLC, Cl A   13    4,051 

 

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

108

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Apollo Global Management   27   $3,475 
Arch Capital Group *   23    2,173 
Ares Management, Cl A   12    1,409 
Arthur J Gallagher   14    2,890 
Assurant   2    473 
Bank of America   391    20,903 
Bank of New York Mellon   40    5,375 
Berkshire Hathaway, Cl B *   106    50,202 
Blackrock   9    9,590 
Blackstone   41    5,149 
Block, Cl A *   29    2,045 
Brown & Brown   16    962 
Capital One Financial   38    7,269 
CBOE Global Markets   4    1,200 
Charles Schwab   99    9,072 
Chubb   21    6,867 
Cincinnati Financial   10    1,636 
Citigroup   104    13,310 
Citizens Financial Group   25    1,626 
CME Group, Cl A   21    6,044 
Coinbase Global, Cl A *   13    2,441 
Corpay *   2    613 
Erie Indemnity, Cl A   1    219 
Everest Group   1    357 
FactSet Research Systems   1    228 
Fidelity National Information Services   28    1,303 
Fifth Third Bancorp   53    2,690 
Fiserv *   29    1,817 
Franklin Resources   17    509 
Global Payments   13    935 
Globe Life   3    463 
Goldman Sachs Group   17    15,704 
Hartford Financial Services Group   15    2,052 
Huntington Bancshares   102    1,710 
Interactive Brokers Group, Cl A   26    2,067 
Intercontinental Exchange   35    5,533 
Invesco   29    760 
Jack Henry & Associates   3    461 
JPMorgan Chase   155    48,551 

 

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

109

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
KeyCorp   52   $1,150 
KKR   40    4,174 
Loews   12    1,351 
M&T Bank   10    2,186 
Marsh & McLennan   28    4,696 
Mastercard, Cl A   47    23,637 
MetLife   30    2,403 
Moody’s   10    4,619 
Morgan Stanley   68    12,960 
MSCI, Cl A   3    1,774 
Nasdaq   27    2,482 
Northern Trust   12    1,996 
PayPal Holdings   53    2,657 
PNC Financial Services Group   24    5,352 
Principal Financial Group   12    1,211 
Progressive   36    7,246 
Prudential Financial   22    2,158 
Raymond James Financial   11    1,742 
Regions Financial   51    1,456 
Robinhood Markets, Cl A *   48    3,499 
S&P Global   17    7,331 
State Street   15    2,293 
Synchrony Financial   23    1,753 
T Rowe Price Group   13    1,337 
Travelers   13    3,967 
Truist Financial   76    3,914 
US Bancorp   91    5,156 
Visa, Cl A   96    31,665 
W R Berkley   16    1,069 
Wells Fargo   183    15,048 
Willis Towers Watson PLC   3    769 
         426,732 
Health Care — 8.5%          
Abbott Laboratories   102    9,261 
AbbVie   104    21,977 
Agilent Technologies   15    1,733 
Align Technology *   3    528 
Amgen   29    10,041 

 

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

110

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Baxter International   34   $598 
Becton Dickinson   15    2,236 
Biogen *   10    1,893 
Bio-Techne   10    553 
Boston Scientific *   88    5,070 
Bristol-Myers Squibb   118    7,150 
Cardinal Health   13    2,507 
Cencora   12    3,696 
Centene *   26    1,396 
Charles River Laboratories International *   2    334 
Cigna Group   15    4,359 
Cooper *   13    818 
CVS Health   75    6,247 
Danaher   38    6,800 
DaVita *   2    310 
Dexcom *   24    1,429 
Edwards Lifesciences *   36    3,006 
Elevance Health   13    4,893 
Eli Lilly   46    42,992 
GE HealthCare Technologies   26    1,582 
Gilead Sciences   75    9,813 
HCA Healthcare   9    3,910 
Henry Schein *   4    298 
Humana   9    2,128 
IDEXX Laboratories *   4    2,243 
Incyte *   11    1,048 
Insulet *   2    344 
Intuitive Surgical *   20    9,152 
IQVIA Holdings *   11    1,742 
Johnson & Johnson   138    31,719 
Labcorp Holdings   3    770 
McKesson   7    5,706 
Medtronic PLC   76    6,154 
Merck   144    15,722 
Mettler-Toledo International *   1    1,277 
Moderna *   24    1,103 
Pfizer   333    8,891 
Quest Diagnostics   8    1,554 
Regeneron Pharmaceuticals   5    3,535 

 

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

111

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
ResMed   10   $2,138 
Revvity   9    780 
Solventum *   11    741 
STERIS PLC   3    651 
Stryker   20    6,303 
Thermo Fisher Scientific   22    10,537 
UnitedHealth Group   53    19,635 
Universal Health Services, Cl B   2    336 
Vertex Pharmaceuticals *   14    5,983 
Viatris   65    971 
Waters *   5    1,546 
West Pharmaceutical Services   3    893 
Zimmer Biomet Holdings   13    1,072 
Zoetis, Cl A   26    2,989 
         303,093 
Industrials — 8.8%          
3M   29    4,249 
A O Smith   9    557 
Allegion PLC   3    412 
AMETEK   13    3,061 
Automatic Data Processing   24    5,087 
Axon Enterprise *   3    1,205 
Boeing *   47    10,764 
Broadridge Financial Solutions   9    1,386 
Builders FirstSource *   5    395 
Carrier Global   47    3,157 
Caterpillar   27    24,033 
CH Robinson Worldwide   9    1,636 
Cintas   22    3,844 
Comfort Systems USA   2    3,680 
Copart *   52    1,722 
CSX   107    4,861 
Cummins   8    5,368 
Deere   14    8,258 
Delta Air Lines   38    2,584 
Dover   10    2,264 
Eaton PLC   22    9,526 
EMCOR Group   2    1,783 

 

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

112

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Emerson Electric   34   $4,775 
Equifax   9    1,565 
Expeditors International of Washington   10    1,479 
Fastenal   66    2,965 
FedEx   13    5,243 
Fortive   16    957 
GE Aerospace   60    17,396 
GE Vernova   15    16,252 
Generac Holdings *   2    518 
General Dynamics   14    4,820 
Honeywell International   38    8,145 
Howmet Aerospace   24    5,833 
Hubbell, Cl B   2    1,016 
Huntington Ingalls Industries   1    364 
IDEX   3    654 
Illinois Tool Works   14    3,612 
Ingersoll Rand   23    1,837 
Jacobs Solutions   10    1,294 
JB Hunt Transport Services   3    755 
Johnson Controls International PLC   37    5,403 
L3Harris Technologies   12    3,847 
Leidos Holdings   9    1,343 
Lennox International   1    535 
Lockheed Martin   12    6,216 
Masco   13    934 
Nordson   2    577 
Norfolk Southern   13    4,106 
Northrop Grumman   8    4,636 
Old Dominion Freight Line   11    2,337 
Otis Worldwide   24    1,869 
PACCAR   29    3,445 
Parker-Hannifin   8    7,275 
Paychex   16    1,482 
Pentair PLC   11    888 
Quanta Services   9    6,550 
Republic Services, Cl A   12    2,511 
Rockwell Automation   5    2,045 
Rollins   17    947 
RTX   78    13,733 

 

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

113

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Snap-On   2   $767 
Southwest Airlines   28    1,062 
Stanley Black & Decker   10    782 
Textron   12    1,151 
Trane Technologies PLC   13    6,403 
TransDigm Group   3    3,480 
Uber Technologies *   120    8,953 
Union Pacific   36    9,701 
United Airlines Holdings *   16    1,440 
United Parcel Service, Cl B   41    4,461 
United Rentals   3    2,879 
Veralto   14    1,235 
Verisk Analytics, Cl A   10    1,845 
Vertiv Holdings, Cl A   22    7,227 
Waste Management   23    5,349 
Westinghouse Air Brake Technologies   11    2,969 
WW Grainger   2    2,323 
Xylem   14    1,654 
         313,672 
Information Technology — 34.6%          
Accenture PLC, Cl A   37    6,612 
Adobe *   25    6,152 
Advanced Micro Devices *   94    33,322 
Akamai Technologies *   11    1,133 
Amphenol, Cl A   73    10,751 
Analog Devices   28    11,263 
Apple   845    229,291 
Applied Materials   46    18,147 
AppLovin, Cl A *   15    6,695 
Arista Networks *   62    10,708 
Autodesk *   13    3,081 
Broadcom   273    113,958 
Cadence Design Systems *   15    4,944 
CDW   10    1,369 
Ciena *   9    4,748 
Cisco Systems   232    21,228 
Cognizant Technology Solutions, Cl A   27    1,428 
Coherent *   10    3,197 

 

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

114

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Corning   47   $7,719 
Crowdstrike Holdings, Cl A *   14    6,241 
Datadog, Cl A *   17    2,247 
Dell Technologies, Cl C   16    3,343 
EPAM Systems *   2    228 
F5 *   2    648 
Fair Isaac *   1    1,025 
First Solar *   4    808 
Fortinet *   38    3,204 
Gartner *   3    445 
Gen Digital   37    714 
GoDaddy, Cl A *   10    868 
Hewlett Packard Enterprise   77    2,215 
HP   53    1,106 
Intel *   262    24,754 
International Business Machines   54    12,473 
Intuit   15    5,828 
Jabil   4    1,350 
Keysight Technologies *   11    3,849 
KLA   8    14,003 
Lam Research   72    18,566 
Lumentum Holdings *   4    3,609 
Microchip Technology   29    2,694 
Micron Technology   65    33,615 
Microsoft   428    174,530 
Monolithic Power Systems   2    3,229 
Motorola Solutions   9    3,951 
NetApp   13    1,440 
NVIDIA   1,400    279,398 
ON Semiconductor *   24    2,419 
Oracle   100    16,139 
Palantir Technologies, Cl A *   132    18,363 
Palo Alto Networks *   46    8,249 
PTC *   9    1,227 
QNITY Electronics   12    1,688 
QUALCOMM   63    11,314 
Roper Technologies   4    1,419 
Salesforce   54    9,533 
SANDISK *   9    9,869 

 

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

115

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Seagate Technology Holdings   13   $8,757 
ServiceNow *   62    5,475 
Skyworks Solutions   11    772 
Super Micro Computer *   31    849 
Synopsys *   12    5,791 
Teledyne Technologies *   2    1,292 
Teradyne   9    3,091 
Texas Instruments   53    14,897 
Trimble *   14    942 
Tyler Technologies *   2    682 
VeriSign   3    806 
Western Digital   19    8,256 
Workday, Cl A *   13    1,591 
Zebra Technologies, Cl A *   2    453 
         1,236,001 
Materials — 1.9%          
Air Products & Chemicals   13    3,901 
Albemarle   9    1,770 
Amcor PLC   24    913 
Avery Dennison   3    492 
Ball   16    977 
CF Industries Holdings   10    1,242 
Corteva   39    3,159 
CRH PLC   39    4,618 
Dow   44    1,782 
DuPont de Nemours   25    1,142 
Ecolab   14    3,648 
Freeport-McMoRan   81    4,680 
International Flavors & Fragrances   15    1,053 
International Paper   31    943 
Linde PLC   27    13,531 
LyondellBasell Industries, Cl A   15    1,119 
Martin Marietta Materials   3    1,857 
Mosaic   18    419 
Newmont   64    7,110 
Nucor   13    2,929 
Packaging Corp of America   3    640 
PPG Industries   14    1,519 

 

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

116

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
Sherwin-Williams   13   $4,181 
Smurfit WestRock PLC   31    1,190 
Steel Dynamics   10    2,287 
Vulcan Materials   7    2,112 
         69,214 
Real Estate — 1.9%          
Alexandria Real Estate Equities    10    405 
American Tower    27    4,933 
AvalonBay Communities    10    1,830 
BXP    10    585 
Camden Property Trust    4    420 
CBRE Group, Cl A *   15    2,141 
CoStar Group *   25    865 
Crown Castle    25    2,219 
Digital Realty Trust    16    3,215 
Equinix    5    5,414 
Equity Residential    22    1,438 
Essex Property Trust    2    526 
Extra Space Storage    12    1,720 
Federal Realty Investment Trust    3    333 
Healthpeak Properties    39    631 
Host Hotels & Resorts    41    866 
Invitation Homes    39    1,122 
Iron Mountain    15    1,890 
Kimco Realty    38    898 
Mid-America Apartment Communities    9    1,163 
ProLogis    53    7,527 
Public Storage    11    3,327 
Realty Income    53    3,405 
Regency Centers    11    856 
SBA Communications, Cl A    4    885 
Simon Property Group    17    3,463 
UDR    17    618 
Ventas    28    2,460 
VICI Properties, Cl A    63    1,840 
Welltower    40    8,694 
Weyerhaeuser    40    981 
         66,670 

 

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

117

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — 2.3%          
AES   45   $650 
Alliant Energy   15    1,101 
Ameren   15    1,705 
American Electric Power   29    3,976 
American Water Works   12    1,541 
Atmos Energy   11    2,090 
CenterPoint Energy   38    1,659 
CMS Energy   17    1,305 
Consolidated Edison   23    2,564 
Constellation Energy   16    5,008 
Dominion Energy   50    3,225 
DTE Energy   12    1,820 
Duke Energy   47    6,089 
Edison International   25    1,737 
Entergy   26    3,066 
Evergy   13    1,077 
Eversource Energy   25    1,768 
Exelon   61    2,805 
FirstEnergy   28    1,331 
NextEra Energy   120    11,746 
NiSource   29    1,400 
NRG Energy   12    1,867 
PG&E   128    2,127 
Pinnacle West Capital   9    933 
PPL   41    1,535 
Public Service Enterprise Group   28    2,286 
Sempra   38    3,615 
Southern   64    6,189 
Vistra   16    2,525 
WEC Energy Group   17    2,005 
Xcel Energy   36    2,986 
         83,731 
TOTAL UNITED STATES        3,548,284 
TOTAL COMMON STOCK
(Cost $2,685,224)
        3,555,781 

 

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

118

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X S&P 500® Tail Risk ETF
 
   Value 
PURCHASED OPTIONS — 0.3%
(Cost $44,858)
  $8,849 
TOTAL INVESTMENTS — 99.9%
(Cost $2,730,082)
  $3,564,630 

Percentages are based on Net Assets of $3,568,368.

 

A list of exchange-traded option contracts held by the Fund at April 30, 2026, is as follows:

 

Description  Number of
Contracts
   Notional
Amount
   Exercise
Price
   Expiration
Date
  Value 
PURCHASED OPTIONS — 0.3%                       
Put Options                       
Mini-SPX Index   9   $648,810   $590.00   6/20/2026  $4,829 
S&P 500 Index   4    2,883,604    5,900.00   6/20/2026   4,020 
                        
Total Purchased Options       $3,532,414           $8,849 
   
* Non-income producing security.
Real Estate Investment Trust

 

As of April 30, 2026, 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.

119

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK(A) — 102.1%          
NETHERLANDS — 0.1%          
Information Technology — 0.1%          
NXP Semiconductors   14   $4,110 
           
SWITZERLAND — 0.1%          
Information Technology — 0.1%          
TE Connectivity PLC   16    3,387 
           
UNITED STATES — 101.9%          
Communication Services — 11.2%          
Alphabet, Cl A   313    120,442 
Alphabet, Cl C   251    95,867 
AT&T   372    9,720 
Charter Communications, Cl A *   5    826 
Comcast, Cl A   189    5,111 
EchoStar, Cl A *   6    739 
Electronic Arts   12    2,428 
Fox, Cl A   11    698 
Fox, Cl B   3    171 
Live Nation Entertainment *   9    1,421 
Meta Platforms, Cl A   117    71,594 
Netflix *   226    21,156 
News, Cl A   20    526 
News, Cl B   6    183 
Omnicom Group   18    1,381 
Paramount Skydance Corp, Cl B   17    174 
Take-Two Interactive Software *   9    1,924 
TKO Group Holdings, Cl A   4    744 
T-Mobile US   26    5,083 
Trade Desk, Cl A *   24    566 
Verizon Communications   225    10,807 
Walt Disney   94    9,753 
Warner Bros Discovery *   135    3,652 
         364,966 
Consumer Discretionary — 10.2%          
Airbnb, Cl A *   22    3,088 
Amazon.com *   526    139,422 
APTIV PLC *   10    603 

 

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

120

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Consumer Discretionary — continued          
AutoZone *   1   $3,704 
Best Buy   12    726 
Booking Holdings   43    7,240 
Carnival   59    1,564 
Carvana, Cl A *   8    3,166 
Chipotle Mexican Grill, Cl A *   72    2,447 
Darden Restaurants   6    1,203 
Deckers Outdoor *   9    920 
Domino’s Pizza   2    679 
DoorDash, Cl A *   21    3,542 
DR Horton   15    2,308 
eBay   25    2,587 
Expedia Group   6    1,490 
Ford Motor   213    2,573 
Garmin   9    2,260 
General Motors   47    3,614 
Genuine Parts   8    858 
Hasbro   3    288 
Hilton Worldwide Holdings   12    3,889 
Home Depot   53    17,426 
Las Vegas Sands   16    874 
Lennar, Cl A   12    1,084 
Lowe’s   30    7,164 
Lululemon Athletica *   6    826 
Marriott International, Cl A   12    4,340 
McDonald’s   38    11,156 
MGM Resorts International *   11    428 
NIKE, Cl B   65    2,883 
Norwegian Cruise Line Holdings *   24    436 
O’Reilly Automotive *   46    4,572 
Pool   2    427 
PulteGroup   11    1,346 
Ralph Lauren, Cl A   2    717 
Ross Stores   18    4,100 
Royal Caribbean Cruises   14    3,693 
Starbucks   62    6,531 
Tapestry   11    1,595 
Tesla *   151    57,626 
TJX   59    9,248 

 

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

121

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Consumer Discretionary — continued          
Tractor Supply   29   $1,018 
Ulta Beauty *   2    1,075 
Williams-Sonoma   7    1,269 
Wynn Resorts   4    428 
Yum! Brands   15    2,395 
         330,828 
Consumer Staples — 5.1%          
Altria Group   92    6,684 
Archer-Daniels-Midland   23    1,714 
Brown-Forman, Cl B   9    232 
Bunge Global   7    889 
Casey’s General Stores   2    1,644 
Church & Dwight   13    1,262 
Clorox   7    675 
Coca-Cola   207    16,303 
Colgate-Palmolive   44    3,756 
Conagra Brands   25    359 
Constellation Brands, Cl A   8    1,253 
Costco Wholesale   24    24,349 
Dollar General   13    1,506 
Dollar Tree *   10    971 
Estee Lauder, Cl A   13    997 
General Mills   29    1,024 
Hershey   8    1,486 
Hormel Foods   15    322 
J M Smucker   6    588 
Kenvue   104    1,823 
Keurig Dr Pepper   74    2,176 
Kimberly-Clark   18    1,772 
Kraft Heinz   46    1,042 
Kroger   33    2,246 
McCormick   14    712 
Molson Coors Beverage, Cl B   9    385 
Mondelez International, Cl A   70    4,301 
Monster Beverage *   39    3,006 
PepsiCo   73    11,570 
Philip Morris International   83    13,701 
Procter & Gamble   124    18,239 

 

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

122

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Consumer Staples — continued          
Sysco   26   $1,942 
Target   25    3,244 
The Campbell’s Company   10    208 
Tyson Foods, Cl A   16    1,025 
Walmart   235    31,004 
         164,410 
Energy — 3.6%          
APA   19    774 
Baker Hughes, Cl A   54    3,762 
Chevron   100    19,331 
ConocoPhillips   65    8,176 
Coterra Energy   41    1,472 
Devon Energy   34    1,746 
Diamondback Energy   10    2,056 
EOG Resources   30    4,217 
EQT   34    2,043 
Expand Energy   13    1,328 
Exxon Mobil   224    34,570 
Halliburton   46    1,946 
Kinder Morgan   107    3,517 
Marathon Petroleum   16    3,973 
Occidental Petroleum   39    2,362 
ONEOK   34    3,144 
Phillips 66   22    3,941 
SLB   83    4,721 
Targa Resources   12    3,121 
Texas Pacific Land   3    1,331 
Valero Energy   17    4,294 
Williams   67    5,113 
         116,938 
Financials — 12.3%          
Aflac   24    2,728 
Allstate   14    3,042 
American Express   29    9,368 
American International Group   27    2,020 
Ameriprise Financial   5    2,374 
Aon PLC, Cl A   11    3,428 

 

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

123

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Financials — continued          
Apollo Global Management   25   $3,218 
Arch Capital Group *   18    1,700 
Ares Management, Cl A   10    1,174 
Arthur J Gallagher   14    2,890 
Assurant   3    709 
Bank of America   354    18,925 
Bank of New York Mellon   38    5,106 
Berkshire Hathaway, Cl B *   99    46,886 
Blackrock   8    8,525 
Blackstone   40    5,023 
Block, Cl A *   30    2,115 
Brown & Brown   16    962 
Capital One Financial   33    6,313 
CBOE Global Markets   6    1,801 
Charles Schwab   91    8,339 
Chubb   20    6,540 
Cincinnati Financial   8    1,309 
Citigroup   93    11,902 
Citizens Financial Group   23    1,496 
CME Group, Cl A   19    5,469 
Coinbase Global, Cl A *   12    2,253 
Corpay *   4    1,226 
Erie Indemnity, Cl A   1    219 
Everest Group   2    713 
FactSet Research Systems   2    455 
Fidelity National Information Services   28    1,303 
Fifth Third Bancorp   48    2,436 
Fiserv *   29    1,817 
Franklin Resources   16    480 
Global Payments   13    935 
Globe Life   4    617 
Goldman Sachs Group   16    14,780 
Hartford Financial Services Group   15    2,052 
Huntington Bancshares   85    1,425 
Interactive Brokers Group, Cl A   24    1,908 
Intercontinental Exchange   31    4,901 
Invesco   24    629 
Jack Henry & Associates   4    615 
JPMorgan Chase   145    45,418 

 

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

124

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Financials — continued          
KeyCorp   50   $1,105 
KKR   37    3,861 
Loews   9    1,013 
M&T Bank   8    1,749 
Marsh & McLennan   27    4,528 
Mastercard, Cl A   44    22,128 
MetLife   30    2,403 
Moody’s   8    3,695 
Morgan Stanley   64    12,198 
MSCI, Cl A   4    2,366 
Nasdaq   25    2,298 
Northern Trust   11    1,830 
PayPal Holdings   51    2,557 
PNC Financial Services Group   21    4,683 
Principal Financial Group   11    1,110 
Progressive   32    6,441 
Prudential Financial   19    1,864 
Raymond James Financial   10    1,583 
Regions Financial   47    1,342 
Robinhood Markets, Cl A *   43    3,134 
S&P Global   16    6,900 
State Street   15    2,293 
Synchrony Financial   20    1,524 
T Rowe Price Group   12    1,235 
Travelers   12    3,662 
Truist Financial   70    3,605 
US Bancorp   85    4,816 
Visa, Cl A   90    29,686 
W R Berkley   16    1,069 
Wells Fargo   165    13,568 
Willis Towers Watson PLC   5    1,281 
         399,071 
Health Care — 8.6%          
Abbott Laboratories   92    8,353 
AbbVie   94    19,864 
Agilent Technologies   14    1,618 
Align Technology *   3    528 
Amgen   29    10,041 

 

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

125

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Health Care — continued          
Baxter International   27   $475 
Becton Dickinson   16    2,385 
Biogen *   8    1,514 
Bio-Techne   8    443 
Boston Scientific *   81    4,666 
Bristol-Myers Squibb   111    6,725 
Cardinal Health   13    2,507 
Cencora   10    3,080 
Centene *   26    1,396 
Charles River Laboratories International *   2    334 
Cigna Group   14    4,068 
Cooper *   12    755 
CVS Health   69    5,747 
Danaher   34    6,084 
DaVita *   1    155 
Dexcom *   21    1,251 
Edwards Lifesciences *   32    2,672 
Elevance Health   12    4,517 
Eli Lilly   43    40,188 
GE HealthCare Technologies   25    1,521 
Gilead Sciences   66    8,635 
HCA Healthcare   8    3,476 
Henry Schein *   6    448 
Humana   7    1,655 
IDEXX Laboratories *   4    2,243 
Incyte *   9    857 
Insulet *   4    689 
Intuitive Surgical *   19    8,695 
IQVIA Holdings *   10    1,584 
Johnson & Johnson   129    29,651 
Labcorp Holdings   5    1,284 
McKesson   7    5,706 
Medtronic PLC   70    5,668 
Merck   132    14,412 
Mettler-Toledo International *   1    1,277 
Moderna *   19    873 
Pfizer   311    8,304 
Quest Diagnostics   7    1,359 
Regeneron Pharmaceuticals   5    3,535 

 

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

126

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Health Care — continued          
ResMed   8   $1,710 
Revvity   6    520 
Solventum *   9    606 
STERIS PLC   5    1,084 
Stryker   18    5,672 
Thermo Fisher Scientific   20    9,579 
UnitedHealth Group   48    17,783 
Universal Health Services, Cl B   3    505 
Vertex Pharmaceuticals *   13    5,556 
Viatris   57    852 
Waters *   5    1,546 
West Pharmaceutical Services   4    1,190 
Zimmer Biomet Holdings   11    907 
Zoetis, Cl A   22    2,529 
         281,277 
Industrials — 9.0%          
3M   29    4,249 
A O Smith   4    247 
Allegion PLC   4    550 
AMETEK   13    3,062 
Automatic Data Processing   22    4,663 
Axon Enterprise *   4    1,607 
Boeing *   43    9,848 
Broadridge Financial Solutions   6    924 
Builders FirstSource *   6    475 
Carrier Global   43    2,888 
Caterpillar   25    22,253 
CH Robinson Worldwide   7    1,273 
Cintas   19    3,319 
Comfort Systems USA   2    3,681 
Copart *   48    1,589 
CSX   102    4,634 
Cummins   7    4,697 
Deere   13    7,668 
Delta Air Lines   35    2,380 
Dover   7    1,585 
Eaton PLC   21    9,093 
EMCOR Group   2    1,783 

 

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

127

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Industrials — continued          
Emerson Electric   31   $4,354 
Equifax   7    1,218 
Expeditors International of Washington   8    1,183 
Fastenal   63    2,831 
FedEx   12    4,840 
Fortive   18    1,076 
GE Aerospace   56    16,236 
GE Vernova   14    15,168 
Generac Holdings *   4    1,037 
General Dynamics   14    4,820 
Honeywell International   34    7,287 
Howmet Aerospace   22    5,347 
Hubbell, Cl B   3    1,525 
Huntington Ingalls Industries   2    729 
IDEX   5    1,089 
Illinois Tool Works   14    3,612 
Ingersoll Rand   20    1,597 
Jacobs Solutions   7    906 
JB Hunt Transport Services   4    1,006 
Johnson Controls International PLC   33    4,819 
L3Harris Technologies   10    3,206 
Leidos Holdings   7    1,045 
Lennox International   2    1,070 
Lockheed Martin   11    5,698 
Masco   11    790 
Nordson   3    865 
Norfolk Southern   12    3,790 
Northrop Grumman   7    4,056 
Old Dominion Freight Line   10    2,124 
Otis Worldwide   21    1,635 
PACCAR   29    3,445 
Parker-Hannifin   7    6,366 
Paychex   18    1,667 
Pentair PLC   9    726 
Quanta Services   8    5,822 
Republic Services, Cl A   11    2,301 
Rockwell Automation   6    2,453 
Rollins   16    892 
RTX   73    12,853 

 

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

128

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Snap-On   3   $1,150 
Southwest Airlines   29    1,100 
Stanley Black & Decker   8    625 
Textron   9    864 
Trane Technologies PLC   12    5,910 
TransDigm Group   3    3,480 
Uber Technologies *   109    8,132 
Union Pacific   32    8,623 
United Airlines Holdings *   18    1,620 
United Parcel Service, Cl B   40    4,352 
United Rentals   3    2,880 
Veralto   13    1,147 
Verisk Analytics, Cl A   8    1,476 
Vertiv Holdings, Cl A   20    6,570 
Waste Management   20    4,651 
Westinghouse Air Brake Technologies   9    2,429 
WW Grainger   2    2,323 
Xylem   13    1,536 
         292,820 
Information Technology — 35.5%          
Accenture PLC, Cl A   34    6,076 
Adobe *   22    5,414 
Advanced Micro Devices *   87    30,841 
Akamai Technologies *   8    824 
Amphenol, Cl A   67    9,867 
Analog Devices   26    10,459 
Apple   789    214,095 
Applied Materials   43    16,963 
AppLovin, Cl A *   15    6,695 
Arista Networks *   56    9,672 
Autodesk *   11    2,607 
Broadcom   255    106,445 
Cadence Design Systems *   15    4,944 
CDW   7    958 
Ciena *   8    4,221 
Cisco Systems   211    19,307 
Cognizant Technology Solutions, Cl A   26    1,375 
Coherent *   10    3,197 

 

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

129

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Information Technology — continued          
Corning   43   $7,062 
Crowdstrike Holdings, Cl A *   13    5,795 
Datadog, Cl A *   18    2,379 
Dell Technologies, Cl C   16    3,343 
EPAM Systems *   3    341 
F5 *   3    972 
Fair Isaac *   1    1,025 
First Solar *   6    1,211 
Fortinet *   34    2,867 
Gartner *   4    594 
Gen Digital   30    579 
GoDaddy, Cl A *   8    694 
Hewlett Packard Enterprise   72    2,071 
HP   51    1,064 
Intel *   245    23,148 
International Business Machines   50    11,549 
Intuit   15    5,828 
Jabil   6    2,025 
Keysight Technologies *   9    3,149 
KLA   7    12,252 
Lam Research   67    17,277 
Lumentum Holdings *   4    3,609 
Microchip Technology   29    2,694 
Micron Technology   60    31,030 
Microsoft   399    162,704 
Monolithic Power Systems   3    4,843 
Motorola Solutions   9    3,951 
NetApp   11    1,219 
NVIDIA   1,305    260,439 
ON Semiconductor *   22    2,218 
Oracle   92    14,848 
Palantir Technologies, Cl A *   122    16,971 
Palo Alto Networks *   44    7,890 
PTC *   7    954 
QNITY Electronics   11    1,547 
QUALCOMM   57    10,236 
Roper Technologies   6    2,129 
Salesforce   50    8,827 
SANDISK *   8    8,772 

 

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

130

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Information Technology — continued          
Seagate Technology Holdings   12   $8,084 
ServiceNow *   57    5,034 
Skyworks Solutions   8    561 
Super Micro Computer *   27    740 
Synopsys *   10    4,826 
Teledyne Technologies *   2    1,292 
Teradyne   8    2,748 
Texas Instruments   48    13,492 
Trimble *   13    875 
Tyler Technologies *   2    682 
VeriSign   5    1,343 
Western Digital   18    7,821 
Workday, Cl A *   12    1,469 
Zebra Technologies, Cl A *   3    679 
         1,153,712 
Materials — 2.0%          
Air Products & Chemicals   12    3,601 
Albemarle   7    1,377 
Amcor PLC   20    761 
Avery Dennison   5    820 
Ball   12    733 
CF Industries Holdings   8    994 
Corteva   37    2,997 
CRH PLC   37    4,382 
Dow   38    1,539 
DuPont de Nemours   23    1,050 
Ecolab   14    3,648 
Freeport-McMoRan   78    4,507 
International Flavors & Fragrances   15    1,053 
International Paper   29    882 
Linde PLC   25    12,529 
LyondellBasell Industries, Cl A   15    1,119 
Martin Marietta Materials   3    1,857 
Mosaic   17    396 
Newmont   60    6,665 
Nucor   12    2,703 
Packaging Corp of America   5    1,067 
PPG Industries   12    1,302 

 

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

131

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Materials — continued          
Sherwin-Williams   12   $3,859 
Smurfit WestRock PLC   28    1,075 
Steel Dynamics   8    1,829 
Vulcan Materials   7    2,112 
         64,857 
Real Estate — 2.0%          
Alexandria Real Estate Equities    11    446 
American Tower    26    4,750 
AvalonBay Communities    8    1,464 
BXP    8    468 
Camden Property Trust    6    630 
CBRE Group, Cl A *   16    2,284 
CoStar Group *   23    796 
Crown Castle    24    2,131 
Digital Realty Trust    18    3,617 
Equinix    5    5,414 
Equity Residential    19    1,242 
Essex Property Trust    4    1,053 
Extra Space Storage    12    1,720 
Federal Realty Investment Trust    4    444 
Healthpeak Properties    37    598 
Host Hotels & Resorts    34    718 
Invitation Homes    30    863 
Iron Mountain    16    2,016 
Kimco Realty    36    851 
Mid-America Apartment Communities    6    775 
ProLogis    51    7,243 
Public Storage    9    2,722 
Realty Income    50    3,212 
Regency Centers    9    701 
SBA Communications, Cl A    6    1,327 
Simon Property Group    18    3,667 
UDR    16    581 
Ventas    27    2,372 
VICI Properties, Cl A    58    1,694 
Welltower    38    8,259 
Weyerhaeuser    39    956 
         65,014 

 

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

132

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Shares   Value
COMMON STOCK — continued          
Utilities — 2.4%          
AES   47   $679 
Alliant Energy   14    1,028 
Ameren   14    1,591 
American Electric Power   28    3,839 
American Water Works   11    1,413 
Atmos Energy   9    1,710 
CenterPoint Energy   35    1,528 
CMS Energy   16    1,228 
Consolidated Edison   20    2,230 
Constellation Energy   17    5,321 
Dominion Energy   47    3,031 
DTE Energy   11    1,669 
Duke Energy   42    5,441 
Edison International   21    1,459 
Entergy   24    2,830 
Evergy   13    1,077 
Eversource Energy   20    1,414 
Exelon   55    2,529 
FirstEnergy   28    1,331 
NextEra Energy   111    10,865 
NiSource   26    1,255 
NRG Energy   11    1,711 
PG&E   119    1,978 
Pinnacle West Capital   6    622 
PPL   40    1,498 
Public Service Enterprise Group   27    2,205 
Sempra   36    3,424 
Southern   60    5,802 
Vistra   17    2,683 
WEC Energy Group   18    2,123 
Xcel Energy   32    2,654 
         78,168 
TOTAL UNITED STATES        3,312,061 
TOTAL COMMON STOCK
(Cost $2,653,804)
        3,319,558 

 

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

133

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

   Value
PURCHASED OPTIONS — 0.3%
(Cost $71,730)
  $7,658 
TOTAL INVESTMENTS — 102.4%
(Cost $2,725,534)
  $3,327,216 
      
WRITTEN OPTIONS — (2.4)%     
(Premiums Received  $(12,670))  $(79,038)

 

Percentages are based on Net Assets of $3,250,343.

 

A list of exchange-traded option contracts held by the Fund at April 30, 2026, is as follows:

 

Description  Number of
Contracts
   Notional
Amount
   Exercise
Price
   Expiration
Date
  Value 
PURCHASED OPTIONS — 0.3%                       
Put Options                       
Mini-SPX Index   6   $432,540   $720.90   6/20/2026  $978 
S&P 500 Index   4    2,883,604    7,209.01   6/20/2026   6,680 
                        
Total Purchased Options       $3,316,144           $7,658 
WRITTEN OPTIONS — (2.4)%                       
Call Options                       
Mini-SPX Index   (6)  $(432,540)  $720.90   6/20/2026  $(10,638)
S&P 500 Index   (4)   (2,883,604)   7,209.01   6/20/2026   (68,400)
                        
Total Written Options       $(3,316,144)          $(79,038)
   
* Non-income producing security.
Real Estate Investment Trust
(A) All or a portion of these securities have been segregated as collateral for options contracts. The Fair Value of the securities pledged as collateral is $3,319,558.

 

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

134

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Collar 95-110 ETF

 

The following is a summary of the level of inputs used as of April 30, 2026, 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  $3,319,558   $   $   $3,319,558 
Purchased Options   7,658            7,658 
Total Investments in Securities  $3,327,216   $   $   $3,327,216 
                     
Other Financial Instruments  Level 1  Level 2  Level 3  Total
Written Options  $(79,038)  $   $   $(79,038)
Total Other Financial Instruments  $(79,038)  $   $   $(79,038)

 

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.

135

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Rare Earth & Critical Materials ETF

 

   Shares   Value  
COMMON STOCK — 100.0%          
AUSTRALIA — 13.0%          
Materials — 13.0%          
IGO *   80,605   $430,575 
Lynas Rare Earths *   112,632    1,539,366 
PLS Group *   423,741    1,833,981 
Rio Tinto PLC   18,311    1,828,313 
           
TOTAL AUSTRALIA        5,632,235 
CANADA — 3.4%          
Materials — 3.4%          
HudBay Minerals   51,860    1,197,150 
Lithium Americas *   43,812    251,072 
           
TOTAL CANADA        1,448,222 
CHILE — 3.9%          
Materials — 3.9%          
Antofagasta PLC   35,169    1,696,276 
           
CHINA — 32.2%          
Industrials — 12.4%          
Eve Energy, Cl A   155,900    1,656,353 
Fangda Carbon New Material, Cl A   353,800    293,092 
GEM, Cl A   622,600    832,885 
Guizhou Zhenhua E-chem, Cl A *   60,047    145,188 
Minmetals New Energy Materia, Cl A *   132,347    209,203 
XTC New Energy Materials Xiamen, Cl A   34,246    413,768 
Zhejiang Huayou Cobalt, Cl A   184,630    1,799,456 
         5,349,945 
Materials — 19.8%          
China Northern Rare Earth Group High-Tech, Cl A   228,400    1,773,085 
China Rare Earth Resources And Technology, Cl A *   97,200    774,487 
Jiangxi Black Cat Carbon Black, Cl A *   87,200    121,374 
MMG *   537,020    569,668 
Nanjing Hanrui Cobalt, Cl A   42,100    296,878 
Shenghe Resources Holding, Cl A   235,700    897,974 
Sinofibers Technology, Cl A   40,600    220,103 

 

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

136

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Rare Earth & Critical Materials ETF

 

   Shares   Value  
COMMON STOCK — continued          
Materials — continued          
Sinomine Resource Group, Cl A   98,100   $1,303,578 
Weihai Guangwei Composites, Cl A   113,060    546,076 
Western Mining, Cl A   204,900    887,395 
Xiangtan Electrochemical Scientific, Cl A   57,900    129,404 
Youngy, Cl A   26,400    422,023 
Yunnan Chihong Zinc&Germanium, Cl A   401,900    528,231 
Zhongfu Shenying Carbon Fiber, Cl A *   13,849    115,842 
         8,586,118 
TOTAL CHINA        13,936,063 
FRANCE — 0.7%          
Industrials — 0.4%          
Mersen   4,321    161,794 
           
Materials — 0.3%          
Eramet   2,061    141,433 
           
TOTAL FRANCE        303,227 
INDONESIA — 0.5%          
Materials — 0.5%          
Nickel Industries *   272,525    202,789 
           
JAPAN — 4.3%          
Industrials — 0.3%          
Nippon Carbon   4,083    124,805 
           
Materials — 4.0%          
Sumitomo Metal Mining   25,904    1,557,662 
Tokai Carbon   27,703    197,822 
         1,755,484 
TOTAL JAPAN        1,880,289 
MEXICO — 7.8%          
Materials — 7.8%          
Grupo Mexico, Cl B   154,305    1,684,737 
Southern Copper   9,747    1,673,462 
           
TOTAL MEXICO        3,358,199 

 

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

137

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Rare Earth & Critical Materials ETF

 

   Shares   Value  
COMMON STOCK — continued          
SOUTH AFRICA — 16.9%          
Materials — 16.9%          
African Rainbow Minerals   12,201   $162,887 
Anglo American PLC   39,380    1,919,181 
Impala Platinum Holdings   110,166    1,532,165 
Northam Platinum Holdings   49,588    950,189 
Sibanye Stillwater   383,887    1,141,776 
Sylvania Platinum   99,238    132,152 
Valterra Platinum Limited   18,645    1,490,484 
           
TOTAL SOUTH AFRICA        7,328,834 
SWEDEN — 3.0%          
Materials — 3.0%          
Boliden   24,848    1,289,413 
           
UNITED STATES — 14.3%          
Industrials — 2.6%          
GrafTech International *   21,052    178,942 
Hexcel   10,218    959,164 
         1,138,106 
Materials — 11.7%          
Albemarle   9,802    1,928,053 
American Battery Technology *   39,574    133,760 
Freeport-McMoRan   29,309    1,693,474 
MP Materials *   19,486    1,286,856 
         5,042,143 
TOTAL UNITED STATES        6,180,249 
TOTAL COMMON STOCK
(Cost $39,522,652)
        43,255,796 
TOTAL INVESTMENTS — 100.0%
(Cost $39,522,652)
       $43,255,796 

 

Percentages are based on Net Assets of $43,262,327.

 

* Non-income producing security.

 

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

138

 

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X Rare Earth & Critical Materials ETF

 

As of April 30, 2026, 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.

139

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — 99.5%          
AUSTRALIA — 0.0%          
Health Care — 0.0%          
Benitec Biopharma *   8,435   $101,642 
           
AUSTRIA — 0.0%          
Materials — 0.0%          
Critical Metals *   25,280    321,814 
           
BAHAMAS — 0.1%          
Consumer Discretionary — 0.1%          
OneSpaWorld Holdings   43,277    1,067,211 
           
BELGIUM — 0.0%          
Materials — 0.0%          
Titan America SA (A)   10,704    176,509 
           
BERMUDA — 0.1%          
Energy — 0.0%          
Teekay   23,045    307,881 
           
Financials — 0.1%          
Bank of NT Butterfield & Son   18,055    1,001,150 
Hamilton Insurance Group, Cl B   19,105    626,071 
Kestrel Group *   1,223    11,887 
         1,639,108 
Industrials — 0.0%          
Himalaya Shipping   12,337    168,277 
           
TOTAL BERMUDA        2,115,266 
BRAZIL — 0.1%          
Financials — 0.1%          
Pagseguro Digital, Cl A   77,687    778,424 
StoneCo, Cl A   108,887    1,195,579 
         1,974,003 

 

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

140

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — 0.0%          
VTEX, Cl A *   23,382   $87,916 
           
TOTAL BRAZIL        2,061,919 
CAMEROON — 0.2%          
Energy — 0.2%          
Golar LNG   42,322    2,327,287 
           
CANADA — 1.2%          
Consumer Staples — 0.0%          
SunOpta *   41,470    268,725 
           
Energy — 0.1%          
Encore Energy *   81,060    158,878 
Kolibri Global Energy *   12,906    74,080 
Teekay Tankers, Cl A   10,407    817,470 
         1,050,428 
Financials — 0.0%          
Kingsway Financial Services *   9,281    99,863 
           
Health Care — 0.2%          
Aurinia Pharmaceuticals *   51,735    795,943 
Bright Minds Biosciences *   3,044    267,720 
Fennec Pharmaceuticals *   12,541    81,391 
Tuhura Biosciences *(A)   18,628    41,727 
Xenon Pharmaceuticals *   37,381    2,094,831 
         3,281,612 
Industrials — 0.0%          
Brookfield Business, Cl A   9,951    339,329 
           
Information Technology — 0.5%          
D-Wave Quantum *   158,510    3,214,583 
Hut 8 *   42,573    3,226,182 
         6,440,765 
Materials — 0.3%          
Novagold Resources *   121,715    981,023 

 

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

141

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
SSR Mining *   88,236   $2,542,079 
US Goldmining *   974    12,964 
Vox Royalty   26,150    134,411 
         3,670,477 
Real Estate — 0.0%          
Real Brokerage *   61,227    128,577 
           
Utilities — 0.1%          
Brookfield Infrastructure, Cl A   52,159    1,929,883 
           
TOTAL CANADA        17,209,659 
CAYMAN ISLANDS — 0.1%          
Financials — 0.1%          
Patria Investments, Cl A   28,675    370,194 
Webull *   120,170    820,761 
           
TOTAL CAYMAN ISLANDS        1,190,955 
CHINA — 0.0%          
Information Technology — 0.0%          
Chaince Digital Holdings *   16,584    90,217 
indie Semiconductor, Cl A *(A)   87,165    393,114 
           
TOTAL CHINA        483,331 
COSTA RICA — 0.0%          
Real Estate — 0.0%          
Logistic Properties of The Americas *   1,416    5,055 
           
GERMANY — 0.0%          
Materials — 0.0%          
Orion   24,498    184,225 
           
GHANA — 0.0%          
Energy — 0.0%          
Kosmos Energy *   205,581    633,189 

 

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

142

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
GIBRALTAR — 0.0%          
Consumer Staples — 0.0%          
Forafric Global PLC *   2,404   $24,040 
           
GUERNSEY — 0.1%          
Consumer Discretionary — 0.1%          
Super Group SGHC   68,946    893,540 
           
IRELAND — 0.1%          
Energy — 0.0%          
Ardmore Shipping   14,977    265,393 
           
Health Care — 0.0%          
Prothena PLC *   19,314    213,613 
           
Industrials — 0.1%          
Cimpress PLC *   7,331    648,500 
           
TOTAL IRELAND        1,127,506 
ISLE OF MAN — 0.0%          
Materials — 0.0%          
Lifezone Metals *   12,481    68,396 
           
ISRAEL — 0.0%          
Communication Services — 0.0%          
Nexxen International *   13,429    98,569 
           
Health Care — 0.0%          
MediWound *   4,324    71,346 
Nano-X Imaging *   28,191    48,206 
         119,552 
TOTAL ISRAEL        218,121 
ITALY — 0.0%          
Consumer Discretionary — 0.0%          
Ermenegildo Zegna   26,801    324,828 

 

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

143

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
MALTA — 0.0%          
Communication Services — 0.0%          
Gambling.com Group *   8,269   $31,836 
           
MEXICO — 0.1%          
Energy — 0.1%          
Borr Drilling   123,714    745,995 
           
MONACO — 0.2%          
Energy — 0.1%          
Scorpio Tankers   19,567    1,591,384 
           
Industrials — 0.1%          
Costamare   19,164    318,506 
Costamare Bulkers Holding *   3,794    65,560 
Safe Bulkers   22,618    152,445 
         536,511 
TOTAL MONACO        2,127,895 
NORWAY — 0.2%          
Energy — 0.2%          
FLEX LNG   13,578    440,334 
Seadrill *   27,214    1,352,264 
SFL, Cl B   52,579    606,236 
         2,398,834 
           
Industrials — 0.0%          
T1 Energy *   88,138    423,062 
           
TOTAL NORWAY        2,821,896 
PANAMA — 0.0%          
Financials — 0.0%          
Banco Latinoamericano de Comercio Exterior   12,228    653,342 
           
PUERTO RICO — 0.3%          
Communication Services — 0.1%          
Liberty Latin America, Cl A *   12,802    103,952 

 

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

144

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
Liberty Latin America, Cl C *   60,094   $499,381 
         603,333 
           
Financials — 0.2%          
EVERTEC   27,907    824,094 
First BanCorp   67,851    1,647,422 
OFG Bancorp   18,714    860,096 
         3,331,612 
TOTAL PUERTO RICO        3,934,945 
SINGAPORE — 0.1%          
Communication Services — 0.0%          
Grindr *   13,667    182,728 
           
Information Technology — 0.1%          
Kulicke & Soffa Industries   22,056    1,885,788 
           
TOTAL SINGAPORE        2,068,516 
SOUTH AFRICA — 0.0%          
Materials — 0.0%          
Caledonia Mining PLC   7,194    164,743 
           
SOUTH KOREA — 0.0%          
Communication Services — 0.0%          
Webtoon Entertainment *   7,891    96,586 
           
SWEDEN — 0.1%          
Financials — 0.1%          
SiriusPoint *   44,377    1,038,866 
           
SWITZERLAND — 0.3%          
Consumer Discretionary — 0.1%          
Garrett Motion   76,993    1,971,791 
           
Health Care — 0.2%          
ADC Therapeutics *   44,238    167,220 

 

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

145

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
CRISPR Therapeutics *   39,589   $2,072,088 
         2,239,308 
Industrials — 0.0%          
Aebi Schmidt   16,447    191,114 
           
TOTAL SWITZERLAND        4,402,213 
THAILAND — 0.8%          
Energy — 0.0%          
BKV *   11,010    347,145 
           
Information Technology — 0.8%          
Fabrinet *   15,659    10,702,457 
           
TOTAL THAILAND        11,049,602 
UNITED KINGDOM — 0.2%          
Consumer Discretionary — 0.1%          
Genius Sports *   94,867    413,620 
           
Financials — 0.1%          
Fidelis Insurance Holdings   23,834    503,612 
Marex Group PLC   23,890    1,274,532 
         1,778,144 
Industrials — 0.0%          
Luxfer Holdings PLC   11,749    176,823 
           
TOTAL UNITED KINGDOM        2,368,587 
UNITED STATES — 95.2%          
Communication Services — 2.5%          
Advantage Solutions *   1,763    60,418 
Altice USA, Cl A *   115,086    181,836 
AMC Entertainment Holdings, Cl A *(A)   223,982    340,453 
AMC Networks, Cl A *   13,376    113,562 
Angi, Cl A *   15,183    111,443 
Anterix *   4,853    234,497 
Arena Group Holdings *   5,909    14,891 
Atlanta Braves Holdings, Cl A *   3,008    159,183 

 

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

146

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
Atlanta Braves Holdings, Cl C *   20,026   $989,485 
ATN International   4,336    121,104 
Bandwidth, Cl A *   11,997    441,610 
Boston Omaha, Cl A *   9,458    113,685 
Bumble, Cl A *   31,134    129,206 
Cable One *   2,201    201,369 
Cargurus, Cl A *   34,220    1,247,661 
Cars.com *   22,729    249,792 
Cinemark Holdings   46,038    1,359,042 
Cogent Communications Holdings   21,140    478,821 
CuriosityStream   17,909    56,413 
EchoStar, Cl A *(A)   58,780    7,238,169 
Emerald Holding   6,172    28,823 
Entravision Communications, Cl A   27,319    102,993 
EverQuote, Cl A *   12,496    180,192 
EW Scripps, Cl A *   27,887    133,579 
fuboTV, Cl A *(A)   12,262    151,068 
Gaia, Cl A *   7,279    22,783 
Getty Images Holdings *(A)   34,502    26,567 
Globalstar *   21,710    1,786,733 
Gogo *   34,352    143,591 
Gray Television   38,734    218,460 
Ibotta, Cl A *   4,778    168,186 
IDT, Cl B   7,079    355,012 
iHeartMedia, Cl A *   53,534    319,598 
IMAX *   19,032    723,597 
John Wiley & Sons, Cl A   17,424    713,164 
Lionsgate Studios Corp. *   88,676    1,103,129 
Lumen Technologies *   413,150    3,652,246 
Madison Square Garden Entertainment, Cl A *   17,197    1,150,823 
Magnite *   61,658    790,147 
Marcus   9,839    173,363 
MediaAlpha, Cl A *   14,944    127,173 
Meridian Holdings *   794    7,853 
National CineMedia   28,919    98,035 
Newsmax Inc, Cl B *   20,866    131,456 
Nextdoor Holdings *   96,132    153,811 
Playstudios *   40,332    16,742 
Playtika Holding   24,698    90,271 

 

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

147

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Communication Services — continued          
PubMatic, Cl A *   16,490   $161,272 
QuinStreet *   23,703    302,450 
Reservoir Media *   8,920    89,735 
Rumble *(A)   46,256    348,308 
Scholastic (A)   8,933    360,536 
Shenandoah Telecommunications   21,988    345,871 
Shutterstock   10,736    173,601 
Sinclair   16,725    260,074 
Sphere Entertainment *   11,765    1,675,924 
Spok Holdings   8,927    95,430 
Stagwell, Cl A *   47,221    296,076 
Starz Entertainment Corp *   5,035    92,342 
Teads Holding *   16,301    14,234 
Techtarget *   12,624    72,462 
Telephone and Data Systems   43,094    1,941,816 
Thryv Holdings *   14,014    50,170 
Travelzoo *   2,901    28,401 
TripAdvisor *   49,586    551,892 
Uniti Group *   72,408    856,587 
USA Today Co *   61,040    441,319 
Vivid Seats, Cl A *(A)   2,545    17,052 
Yelp, Cl A *   25,556    705,346 
Ziff Davis *   16,976    776,822 
ZipRecruiter, Cl A *   27,532    80,393 
         36,150,148 
Consumer Discretionary — 7.7%          
1-800-Flowers.com, Cl A *   9,846    34,855 
Abercrombie & Fitch, Cl A *   19,669    1,678,749 
Academy Sports & Outdoors   28,755    1,576,924 
Accel Entertainment, Cl A *   21,766    271,857 
Acushnet Holdings   11,963    1,158,258 
Adient PLC *   34,057    716,900 
Adtalem Global Education *   14,797    1,704,910 
Advance Auto Parts   26,008    1,547,736 
A-Mark Precious Metals   8,246    372,637 
American Eagle Outfitters   69,128    1,204,210 
American Outdoor Brands *   5,585    52,555 
American Public Education *   7,522    437,404 

 

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

148

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
America’s Car-Mart *   3,119   $38,083 
Arhaus, Cl A   22,523    166,670 
Arko   30,900    203,940 
Asbury Automotive Group *   8,450    1,721,180 
Bally’s Corporation *   4,196    55,891 
BARK *   2,055    19,399 
Barnes & Noble Education *   7,018    69,197 
Bassett Furniture Industries   3,544    51,672 
Beazer Homes USA *   11,972    258,475 
Bed Bath & Beyond *   30,141    147,691 
Biglari Holdings, Cl B *   315    97,414 
BJ’s Restaurants *   8,301    318,758 
Black Rock Coffee Bar, Cl A *   7,225    88,723 
Bloomin’ Brands   36,381    221,924 
Boot Barn Holdings *   13,350    2,288,857 
Brightstar Lottary PLC   45,467    596,982 
Brinker International *   18,812    2,863,939 
Buckle   13,713    762,580 
Build-A-Bear Workshop, Cl A   5,308    196,078 
Caleres   14,528    190,317 
Camping World Holdings, Cl A   26,515    217,158 
Capri Holdings *   50,958    994,191 
Carriage Services, Cl A   6,132    301,081 
Carter’s   15,413    556,718 
Cavco Industries *   3,332    1,689,324 
Century Communities   11,091    621,318 
Champion Homes *   24,300    1,852,389 
Cheesecake Factory   20,046    1,260,292 
Citi Trends *   2,027    98,735 
Clarus   12,958    33,756 
Cooper-Standard Holdings *   7,291    219,240 
Coursera *   61,879    368,180 
Cracker Barrel Old Country Store (A)   9,669    302,833 
Cricut, Cl A   21,172    91,251 
Dana   49,064    1,788,383 
Dauch *   99,011    565,353 
Dave & Buster’s Entertainment *   11,968    134,879 
Designer Brands, Cl A   14,823    111,172 
Dine Brands Global   6,084    169,013 

 

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

149

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Dorman Products *   11,974   $1,347,195 
Dream Finders Homes, Cl A *   12,759    186,281 
Driven Brands Holdings *   25,868    351,029 
El Pollo Loco Holdings *   12,369    167,229 
Envela *   3,044    53,605 
Escalade   4,573    85,515 
Ethan Allen Interiors   10,043    214,318 
European Wax Center, Cl A *   12,804    74,263 
EVgo, Cl A *   56,322    118,276 
Faraday Future Intelligent Electric *   83,304    36,337 
Figs, Cl A *   38,770    579,999 
First Watch Restaurant Group *   25,974    340,779 
Flexsteel Industries   1,585    87,650 
Fox Factory Holding *   18,214    323,298 
Frontdoor *   31,480    2,160,472 
Funko, Cl A *   17,943    79,129 
Genesco *   4,408    156,440 
Gentherm *   13,067    393,317 
GigaCloud Technology, Cl A *   10,385    462,029 
G-III Apparel Group   15,758    491,492 
Global Business Travel Group I *   56,609    331,729 
Goodyear Tire & Rubber *   119,679    847,327 
Graham Holdings, Cl B   1,396    1,567,024 
Green Brick Partners *   13,568    915,026 
Group 1 Automotive   5,079    1,812,543 
Groupon, Cl A *   11,280    160,289 
Hamilton Beach Brands Holding, Cl A   3,241    67,445 
Haverty Furniture   6,032    133,548 
Helen of Troy *   9,889    228,930 
Hilton Grand Vacations *   26,372    1,238,693 
Holley *   33,682    111,151 
Hovnanian Enterprises, Cl A *   2,047    230,165 
Inspired Entertainment *   11,032    77,445 
Installed Building Products   10,019    2,890,982 
J Jill   3,283    41,825 
Jack in the Box   7,715    97,209 
JAKKS Pacific   3,904    84,951 
Johnson Outdoors, Cl A   2,556    134,522 
KB Home   26,738    1,416,847 

 

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

150

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
KinderCare Learning *   13,892   $54,596 
Kohl’s   47,226    669,192 
Kontoor Brands   23,899    1,753,231 
Krispy Kreme (A)   33,970    133,842 
Kura Sushi USA, Cl A *   2,950    162,456 
Lakeland Industries   3,707    37,700 
Lands’ End *   4,060    45,837 
Latham Group *   21,693    131,676 
Laureate Education, Cl A *   55,070    1,657,332 
La-Z-Boy, Cl Z   17,968    624,208 
LCI Industries   10,250    1,222,005 
Legacy Housing *   3,683    80,105 
Leggett & Platt   57,816    628,460 
LGI Homes *   8,863    434,021 
Life Time Group Holdings *   65,513    1,756,404 
Lincoln Educational Services *   12,820    527,415 
Lindblad Expeditions Holdings *   16,522    306,153 
Livewire Group *   5,001    9,102 
Lovesac *   5,912    93,469 
M/I Homes *   11,284    1,483,733 
Malibu Boats, Cl A *   8,018    205,261 
Marine Products   3,978    31,506 
MarineMax *   8,387    241,042 
Marriott Vacations Worldwide   12,093    870,817 
MasterCraft Boat Holdings *   7,011    163,707 
Matthews International, Cl A   12,923    368,822 
McGraw Hill Inc *   12,531    151,500 
Meritage Homes   29,260    1,970,368 
Mister Car Wash *   42,966    304,199 
Monarch Casino & Resort   5,544    658,017 
Monro   12,262    215,321 
Motorcar Parts of America *   5,903    66,232 
Movado Group   6,704    182,617 
Nathan’s Famous   1,268    127,282 
National Vision Holdings *   33,721    783,002 
Navan, Cl A *   16,244    284,108 
Nerdy *   26,066    23,308 
OneWater Marine, Cl A *   5,108    47,964 
Outdoor Holding *   45,884    93,144 

 

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

151

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Oxford Industries   6,103   $261,452 
Papa John’s International   14,166    512,668 
Patrick Industries   14,056    1,307,208 
Peloton Interactive, Cl A *   171,705    935,792 
Perdoceo Education   27,877    946,145 
Petco Health & Wellness, Cl A *   37,664    106,966 
Phinia   16,476    1,188,743 
Phoenix Education Partners   2,127    59,599 
Polaris   23,088    1,530,042 
Portillo’s, Cl A *   29,379    183,619 
Pursuit Attractions and Hospitality *   9,201    387,178 
RCI Hospitality Holdings   3,167    79,238 
RealReal *   46,210    549,437 
Red Rock Resorts, Cl A   21,186    1,143,197 
Revolve Group, Cl A *   17,587    447,589 
Rocky Brands   3,094    113,457 
Rush Street Interactive *   39,659    1,114,418 
Sabre *   160,708    294,096 
Sally Beauty Holdings *   42,938    608,861 
Savers Value Village *   16,854    142,416 
Serve Robotics *(A)   27,733    261,522 
Shake Shack, Cl A *   16,845    1,725,939 
Shoe Carnival   7,984    147,864 
Signet Jewelers   17,179    1,529,446 
Six Flags Entertainment *   41,575    780,778 
Sleep Number *   8,290    24,953 
Smith & Wesson Brands   19,224    298,741 
Solid Power *   76,395    263,563 
Sonic Automotive, Cl A   6,484    510,615 
Sonos *   51,824    768,550 
Standard Motor Products   9,161    342,347 
Steven Madden   31,097    1,168,003 
Stitch Fix, Cl A *   48,476    176,453 
Strategic Education   9,918    777,571 
Strattec Security *   1,792    134,866 
Stride *   18,122    1,760,734 
Sturm Ruger   6,019    261,104 
Superior Group   4,926    55,565 
Sweetgreen, Cl A *   44,886    308,816 

 

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

152

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Target Hospitality *   14,089   $204,854 
Taylor Morrison Home, Cl A *   41,611    2,527,452 
ThredUp, Cl A *   43,626    187,156 
Topgolf Callaway Brands *   57,193    875,053 
Torrid Holdings *   15,344    26,392 
Traeger *   293    12,212 
Tri Pointe Homes *   36,752    1,723,301 
Udemy *   40,901    193,871 
United Parks & Resorts *   11,768    414,822 
Universal Technical Institute *   20,418    766,288 
Upbound Group, Cl A   22,782    450,172 
Urban Outfitters *   28,276    1,988,934 
Victoria’s Secret *   29,992    1,554,485 
Visteon   11,915    1,331,025 
Warby Parker, Cl A *   43,026    951,735 
Weyco Group   2,688    88,677 
Winmark   1,290    490,832 
Winnebago Industries   11,821    385,483 
Wolverine World Wide   35,328    601,283 
XPEL *   11,018    524,677 
Xponential Fitness, Cl A *   12,101    79,625 
Zumiez *   5,692    139,852 
         109,913,221 
Consumer Staples — 1.7%          
Alico   2,425    100,904 
Andersons   14,013    1,100,581 
B&G Foods (A)   34,304    190,044 
Beauty Health *   50,293    42,835 
Beyond Meat *(A)   181,871    178,979 
BRC, Cl A *(A)   40,642    43,893 
Calavo Growers   7,251    204,188 
Cal-Maine Foods   18,860    1,457,124 
Central Garden & Pet *   3,601    133,309 
Central Garden & Pet, Cl A *   21,502    721,607 
Chefs’ Warehouse *   15,812    1,227,011 
Dole PLC   29,103    441,784 
Edgewell Personal Care   19,501    439,748 
Energizer Holdings   27,137    531,342 

 

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

153

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
FitLife Brands *   1,785   $16,511 
Fresh Del Monte Produce   14,391    602,839 
Grocery Outlet Holding *   41,086    324,990 
Hain Celestial Group *   40,947    26,747 
Herbalife *   44,299    735,363 
HF Foods Group *   18,233    35,190 
Honest *   41,078    143,773 
Ingles Markets, Cl A   6,336    579,554 
Inter Parfums   7,953    725,473 
Ispire Technology *   8,511    11,745 
J & J Snack Foods   6,559    578,897 
John B Sanfilippo & Son   3,332    272,524 
Lifevantage (A)   4,814    24,311 
Lifeway Foods *   2,218    59,531 
Limoneira   7,251    92,305 
Mama’s Creations *   15,910    225,763 
Medifast *   4,682    50,893 
MGP Ingredients   6,153    122,691 
Mission Produce *   18,496    256,355 
National Beverage *   10,392    355,614 
Natural Grocers by Vitamin Cottage   5,650    163,624 
Nature’s Sunshine Products *   7,250    196,910 
Niagen Bioscience *   23,310    110,256 
Nu Skin Enterprises, Cl A   20,906    152,614 
Oil-Dri Corp of America   4,327    315,655 
Olaplex Holdings *   61,849    125,553 
PriceSmart   11,195    1,756,719 
Seneca Foods, Cl A *   1,989    278,182 
Simply Good Foods *   37,326    499,049 
Spectrum Brands Holdings   9,874    815,592 
The Marzetti Company   8,686    1,131,612 
Tootsie Roll Industries   8,097    341,855 
Turning Point Brands   7,966    642,697 
United Natural Foods *   25,949    1,297,969 
Universal   10,486    561,840 
USANA Health Sciences *   4,685    89,249 
Utz Brands   31,929    254,155 
Village Super Market, Cl A   4,032    173,739 
Vita Coco *   20,622    1,360,846 

 

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

154

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
Vital Farms *   15,058   $205,542 
Waldencast PLC, Cl A *   19,032    16,938 
WD-40   5,962    1,251,782 
Weis Markets   5,912    414,904 
Westrock Coffee *   15,850    93,357 
Zevia PBC, Cl A *   24,446    31,291 
         24,336,348 
Energy — 5.6%          
Archrock   74,836    2,899,895 
Atlas Energy Solutions, Cl A   33,619    584,298 
Bristow Group   12,344    606,461 
Cactus, Cl A   29,693    1,654,494 
California Resources   31,779    2,169,235 
Calumet *   29,837    976,267 
Centrus Energy, Cl A *(A)   7,278    1,535,367 
Clean Energy Fuels *   76,541    176,044 
CNX Resources *   59,703    2,323,044 
Comstock Resources *   32,147    560,001 
Core Laboratories   20,321    297,703 
Core Natural Resources   22,078    1,981,280 
Crescent Energy, Cl A   111,595    1,500,953 
CVR Energy *   13,424    444,871 
Delek US Holdings   25,526    1,189,256 
DHT Holdings   58,564    1,082,263 
Diversified Energy   27,342    455,244 
DMC Global *   8,440    52,159 
Dorian LPG   16,129    621,773 
Empire Petroleum *   7,360    20,608 
Energy Fuels *   101,838    2,203,774 
Energy Services of America   5,188    88,196 
Epsilon Energy   8,804    55,993 
Evolution Petroleum   14,096    67,661 
Excelerate Energy, Cl A   10,307    359,714 
Expro Group Holdings *   35,524    646,892 
Flowco Holdings Inc, Cl A   9,555    237,251 
Forum Energy Technologies *   4,489    282,223 
FutureFuel   11,525    57,395 
Gevo *   101,822    194,480 

 

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

155

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Energy — continued          
Granite Ridge Resources   23,779   $143,387 
Green Plains *   29,819    518,254 
Gulfport Energy *   6,912    1,330,837 
Helix Energy Solutions Group *   60,286    623,960 
Helmerich & Payne   42,914    1,732,867 
HighPeak Energy (A)   9,843    66,736 
Infinity Natural Resources Inc, Cl A *   6,769    110,267 
Innovex International *   16,782    466,036 
International Seaways   17,452    1,447,643 
Kinetik Holdings, Cl A   20,212    1,021,515 
Kodiak Gas Services   36,148    2,450,834 
Liberty Energy, Cl A   68,425    2,312,081 
Lightbridge *   12,662    165,239 
Magnolia Oil & Gas, Cl A   78,456    2,372,509 
Mammoth Energy Services *   11,706    33,479 
Murphy Oil   58,581    2,446,343 
Nabors Industries *   6,117    627,665 
NACCO Industries, Cl A   1,804    86,917 
National Energy Services Reunited *   29,174    727,600 
Natural Gas Services Group   4,440    180,664 
Navigator Holdings   12,441    271,214 
New Fortress Energy, Cl A *(A)   78,422    54,252 
NextDecade *(A)   75,968    594,829 
Nextnrg *   15,641    5,792 
Noble PLC   54,733    2,793,025 
Nordic American Tankers   88,767    495,320 
Northern Oil & Gas   41,539    1,128,199 
Oceaneering International *   42,776    1,605,811 
Oil States International *   24,397    280,078 
OPAL Fuels, Cl A *   9,526    20,576 
Par Pacific Holdings *   21,435    1,407,636 
Patterson-UTI Energy   150,416    1,838,084 
PBF Energy, Cl A   36,317    1,574,705 
Peabody Energy   53,046    1,414,206 
Prairie Operating *   12,514    15,017 
PrimeEnergy Resources *   227    50,301 
ProFrac Holding, Cl A *   12,512    94,341 
ProPetro Holding *   42,574    729,293 
Ranger Energy Services, Cl A   9,422    164,508 

 

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

156

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Energy — continued          
REX American Resources *   12,434   $603,049 
Riley Exploration Permian   6,413    231,958 
RPC   38,706    305,003 
Sable Offshore *(A)   53,966    774,412 
SandRidge Energy   13,700    213,035 
SEACOR Marine Holdings *   9,430    71,668 
Select Water Solutions, Cl A   40,981    685,612 
SM Energy   108,017    3,351,768 
Solaris Oilfield Infrastructure, Cl A   20,089    1,483,372 
Summit Midstream *   3,738    118,308 
Talos Energy *   55,021    875,934 
TETRA Technologies *   55,001    523,610 
Tidewater *   21,345    1,906,749 
Transocean *   402,321    2,743,829 
Uranium Energy *   206,672    3,077,346 
VAALCO Energy   44,888    294,914 
Valaris *   27,001    2,753,562 
Verde Clean Fuels *   2,005    3,629 
Vitesse Energy   12,762    239,415 
W&T Offshore   43,663    183,821 
World Kinect   23,484    633,363 
XCF Global Inc, Cl A *(A)   15,685    6,272 
         79,807,444 
Financials — 15.7%          
1st Source   8,028    590,299 
Abacus Life   17,830    169,385 
Acacia Research *   14,855    75,463 
Acadian Asset Management   11,611    782,001 
ACNB   4,422    224,151 
ACRES Commercial Realty REIT *   2,630    55,467 
Adamas Trust    36,840    330,823 
AG Mortgage Investment Trust    12,782    100,850 
Alerus Financial   10,169    273,953 
AlTi Global *   18,785    66,499 
Amalgamated Financial   9,919    405,489 
Ambac Financial Group *   16,869    74,730 
Amerant Bancorp, Cl A   15,844    363,937 
American Coastal Insurance, Cl C   10,604    126,188 

 

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

157

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
American Integrity Insurance   5,225   $102,410 
Ameris Bancorp   28,335    2,415,559 
AMERISAFE   8,257    250,187 
Ames National   3,848    108,437 
Angel Oak Mortgage REIT    5,898    53,495 
Apollo Commercial Real Estate Finance    60,562    662,548 
Arbor Realty Trust    84,261    665,662 
Ares Commercial Real Estate    22,972    120,144 
ARMOUR Residential REIT    48,956    858,688 
Arrow Financial   7,101    261,672 
Artisan Partners Asset Management, Cl A   27,115    1,015,186 
Associated Banc-Corp   72,137    2,031,378 
Ategrity Specialty Holdings *   3,968    75,392 
Atlantic Union Bankshares   61,826    2,327,749 
Atlanticus Holdings *   2,289    181,769 
Avidbank Holdings *   1,274    37,761 
Axos Financial *   23,562    2,272,319 
Bakkt, Cl A *   7,042    60,702 
Baldwin Insurance Group, Cl A *   41,452    941,789 
Banc of California   58,813    1,101,567 
BancFirst   9,043    1,009,289 
Bancorp *   18,068    1,081,008 
Bank First   4,498    653,604 
Bank of Hawaii   17,074    1,357,554 
Bank of Marin Bancorp   6,468    165,839 
Bank7   1,890    81,157 
BankUnited   32,182    1,495,819 
Bankwell Financial Group   2,948    152,471 
Banner   14,608    977,421 
Bar Harbor Bankshares   7,164    245,367 
BayCom   4,558    136,649 
BCB Bancorp   6,742    68,431 
Beacon Financial   36,059    1,028,763 
Better Home & Finance Holding, Cl A *   2,438    100,275 
BGC Group, Cl A   157,154    1,764,839 
Blackstone Mortgage Trust, Cl A    68,897    1,308,354 
Blue Ridge Bankshares   29,265    100,379 
Bowhead Specialty Holdings *   7,703    183,177 
Bread Financial Holdings   19,856    1,683,392 

 

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

158

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Bridgewater Bancshares *   9,174   $166,325 
BrightSpire Capital    55,886    324,139 
Burford Capital   87,280    429,418 
Burke & Herbert Financial Services   5,886    378,529 
Business First Bancshares   13,677    374,476 
BV Financial *   2,994    58,622 
Byline Bancorp   13,401    430,842 
C&F Financial   1,323    98,894 
California Bancorp   9,788    182,938 
Camden National   7,215    347,547 
Cannae Holdings   18,155    245,274 
Cantaloupe *   24,124    263,434 
Capital Bancorp   4,969    156,474 
Capital City Bank Group   5,972    275,727 
Capitol Federal Financial   53,374    409,912 
Carter Bankshares *   9,491    242,970 
Cass Information Systems   5,005    236,686 
Cathay General Bancorp   28,063    1,572,370 
CB Financial Services   1,941    68,284 
Central Pacific Financial   11,169    371,704 
CF Bankshares   2,002    58,659 
Chain Bridge Bancorp, Cl A *   915    34,001 
Chemung Financial   1,843    122,394 
Chicago Atlantic Real Estate Finance    7,989    95,149 
Chimera Investment    35,451    487,451 
ChoiceOne Financial Services   6,173    185,375 
Citizens, Cl A *   19,589    105,781 
Citizens & Northern   7,440    164,275 
Citizens Community Bancorp   4,028    83,581 
Citizens Financial Services   2,016    127,331 
City Holding   6,058    744,892 
Civista Bancshares   8,835    219,726 
Claros Mortgage Trust *   40,060    105,758 
CNB Financial   12,638    383,942 
CNO Financial Group   40,856    1,816,049 
Coastal Financial *   5,608    424,077 
CoastalSouth Bancshares   3,982    101,740 
Cohen & Steers   12,037    846,081 
Colony Bankcorp   8,915    176,874 

 

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

159

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Columbia Financial *   11,788   $226,683 
Commercial Bancgroup   3,023    87,546 
Community Financial System   22,898    1,450,817 
Community Trust Bancorp   6,931    450,030 
Community West Bancshares   9,933    235,611 
Compass Diversified Holdings   29,153    344,297 
ConnectOne Bancorp   20,622    602,575 
Consumer Portfolio Services *   4,172    37,882 
Crawford, Cl A   7,120    76,469 
Customers Bancorp *   13,832    1,054,967 
CVB Financial   72,807    1,483,079 
Dave *   4,522    1,229,939 
DigitalBridge Group   76,770    1,194,541 
Dime Community Bancshares   17,282    620,251 
Donegal Group, Cl A   7,340    123,459 
Donnelley Financial Solutions *   11,106    558,632 
Dynex Capital    86,594    1,179,410 
Eagle Bancorp   12,219    315,861 
Eagle Bancorp Montana   3,257    72,045 
Eagle Financial Services   2,019    76,076 
Eastern Bankshares   94,239    1,906,455 
ECB Bancorp *   3,410    61,244 
eHealth *   12,586    25,927 
Ellington Financial    52,847    700,223 
Employers Holdings   9,720    409,406 
Enact Holdings   11,971    511,521 
Encore Capital Group *   9,450    782,176 
Enova International *   10,324    1,748,989 
Enterprise Financial Services   15,900    919,338 
Equity Bancshares, Cl A   7,411    336,015 
Esquire Financial Holdings   3,166    332,810 
Essent Group   40,286    2,438,109 
Exzeo Group *   3,305    53,541 
F&G Annuities & Life   16,077    460,445 
Farmers & Merchants Bancorp   5,615    150,370 
Farmers National Banc   24,057    338,482 
FB Bancorp *   6,975    97,510 
FB Financial   19,153    1,035,603 
Federal Agricultural Mortgage, Cl C   4,052    704,238 

 

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

160

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Fidelity D&D Bancorp   2,017   $90,947 
Finance of America, Cl A *   1,996    39,421 
Financial Institutions   8,504    289,731 
Finward Bancorp   1,530    49,235 
Finwise Bancorp *   4,123    64,113 
First Bancorp   4,627    131,684 
First Bancorp   17,521    1,011,663 
First Bank   9,520    141,277 
First Busey   36,629    959,680 
First Business Financial Services   3,404    191,305 
First Capital   1,447    78,254 
First Commonwealth Financial   44,754    823,921 
First Community   3,105    91,939 
First Community Bankshares   7,184    306,182 
First Financial   4,924    323,359 
First Financial Bancorp   45,078    1,364,962 
First Financial Bankshares   58,390    1,884,245 
First Internet Bancorp   3,353    76,851 
First Interstate BancSystem, Cl A   37,353    1,325,658 
First Merchants   26,998    1,091,799 
First Mid Bancshares   9,445    397,540 
First National   3,370    90,046 
First United   2,648    98,400 
First Western Financial *   3,607    102,114 
FirstCash Holdings   17,183    3,749,674 
Firstsun Capital Bancorp *   9,842    348,013 
Five Star Bancorp   6,779    274,211 
Flagstar Bank   131,780    1,840,967 
Flushing Financial   13,944    224,777 
Flywire *   50,808    686,416 
Fold Holdings *   2,734    4,074 
Franklin BSP Realty Trust    35,485    322,913 
Franklin Financial Services   1,900    107,065 
FS Bancorp   2,861    116,271 
Fulton Financial   83,343    1,799,375 
FVCBankcorp   6,807    106,598 
GBank Financial Holdings *   3,958    116,563 
GCM Grosvenor   26,603    290,505 
Genworth Financial, Cl A *   171,453    1,507,072 

 

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

161

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
German American Bancorp   15,717   $676,931 
Glacier Bancorp   55,716    2,732,870 
GoHealth, Cl A *   4,168    4,710 
Goosehead Insurance, Cl A *   10,263    459,680 
Great Southern Bancorp   3,535    241,158 
Green Dot, Cl A *   23,477    294,636 
Greene County Bancorp   3,198    76,912 
Greenlight Capital Re, Cl A *   11,475    210,222 
HA Sustainable Infrastructure Capital   54,182    2,272,935 
Hancock Whitney   36,187    2,442,984 
Hanmi Financial   12,847    384,254 
Hanover Bancorp   2,007    47,606 
Hawthorn Bancshares   2,547    85,630 
HBT Financial   5,009    139,050 
HCI Group   4,646    713,486 
Heritage Financial   14,787    406,938 
Heritage Insurance Holdings *   10,669    312,815 
Hilltop Holdings   18,871    710,871 
Hingham Institution For Savings   678    192,688 
Hippo Holdings *   7,753    204,136 
Home Bancorp   2,977    185,140 
Home BancShares   81,730    2,196,085 
HomeTrust Bancshares   6,851    312,885 
Hope Bancorp   53,618    667,544 
Horace Mann Educators   17,738    806,015 
Horizon Bancorp   21,755    393,765 
Independent Bank   21,653    1,688,717 
Independent Bank   8,628    286,536 
Innventure *   22,445    146,117 
International Bancshares   23,643    1,696,149 
International Money Express *   12,086    192,288 
Invesco Mortgage Capital    33,469    272,103 
Investar Holding   5,574    154,456 
Investors Title   650    153,907 
Jackson Financial, Cl A   29,328    3,395,303 
James River Group Holdings   16,251    100,756 
Jefferson Capital Inc   9,662    200,390 
John Marshall Bancorp   5,588    117,348 
Kearny Financial   25,190    202,528 

 

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

162

 

 

Schedule of Investments   April 30, 2026 (Unaudited)
Global X Russell 2000 ETF

 

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Kingstone   4,659   $77,666 
KKR Real Estate Finance Trust    24,338    149,192 
Ladder Capital, Cl A    49,498    508,839 
Lakeland Financial   10,782    652,527 
Landmark Bancorp   2,037    54,021 
LCNB   6,018    97,552 
Lemonade *   26,801    1,518,009 
LendingClub *   49,521    845,323 
LendingTree *   4,821    239,073 
LINKBANCORP   9,483    82,407 
Live Oak Bancshares   15,305    575,468 
loanDepot, Cl A *   43,525    67,464 
Lument Finance Trust    20,677    24,606 
MainStreet Bancshares   2,994    70,119 
MarketWise   698    11,740 
Marqeta, Cl A *   155,430    674,566 
MBIA *   20,137    117,600 
Mechanics Bancorp, Cl A   21,003    310,109 
Medallion Financial   7,211    66,053 
Mercantile Bank   7,254    372,203 
Merchants Bancorp   11,212    521,806 
Mercury General   11,659    1,134,537 
Meridian   4,019    75,638 
Metrocity Bankshares   9,642    308,448 
Metropolitan Bank Holding   3,838    339,087 
MFA Financial    44,646    457,621 
Miami International Holdings *   10,681    496,560 
Mid Penn Bancorp   8,491    279,948 
Midland States Bancorp   8,777    228,290 
Moelis, Cl A   32,191    2,096,278 
MVB Financial   4,880    127,514 
National Bank Holdings, Cl A   16,398    700,195 
National Bankshares   2,749    98,400 
Navient   29,542    272,968 
NB Bancorp   17,289    339,383 
NBT Bancorp   22,192    969,568 
NCR Atleos *   31,731    1,408,222 
Nelnet, Cl A   5,609    794,795 
NerdWallet, Cl A *   17,188    186,318 

 

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

163

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
NewtekOne   10,672   $138,416 
Nexpoint Real Estate Finance    2,929    42,236 
NI Holdings *   3,171    40,842 
Nicolet Bankshares   8,002    1,172,133 
NMI Holdings, Cl A *   33,401    1,292,953 
Northeast Bank   3,256    404,884 
Northeast Community Bancorp   5,453    130,845 
Northfield Bancorp   16,048    223,870 
Northpointe Bancshares   9,006    160,577 
Northrim BanCorp   9,444    231,661 
Northwest Bancshares   62,930    870,322 
Norwood Financial   4,382    128,261 
Oak Valley Bancorp   2,990    98,909 
OceanFirst Financial   24,332    464,011 
Ohio Valley Banc   1,723    76,691 
Old National Bancorp   151,844    3,639,701 
Old Second Bancorp   21,805    449,401 
Onity Group *   2,949    135,683 
OP Bancorp   5,170    74,138 
Open Lending, Cl A *   44,523    78,360 
Oportun Financial *   17,761    108,164 
OppFi *   11,247    106,959 
Orange County Bancorp   5,120    174,592 
Orchid Island Capital, Cl A    80,333    564,741 
Origin Bancorp   12,871    602,620 
Orrstown Financial Services   8,109    297,925 
Oscar Health, Cl A *   87,779    1,620,400 
P10, Cl A   25,357    201,081 
Palomar Holdings *   11,410    1,373,536 
Park National   6,423    1,105,976 
Parke Bancorp   4,233    127,456 
Pathward Financial   9,608    834,359 
Patriot National Bancorp *   29,911    36,641 
Payoneer Global *   120,715    601,161 
Paysafe *   13,669    123,568 
Paysign *   15,550    102,008 
PCB Bancorp   4,740    114,376 
Peapack-Gladstone Financial   6,969    290,956 
PennyMac Financial Services   12,653    1,142,439 

 

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

164

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
PennyMac Mortgage Investment Trust    37,810   $460,526 
Peoples Bancorp   15,085    518,924 
Peoples Bancorp of North Carolina   1,912    75,371 
Peoples Financial Services   4,043    230,289 
Perella Weinberg Partners, Cl A   28,294    643,406 
Pioneer Bancorp *   4,921    70,026 
Piper Sandler   30,377    2,648,874 
PJT Partners, Cl A   9,934    1,517,319 
Plumas Bancorp   2,895    147,674 
Ponce Financial Group *   8,584    149,877 
PRA Group *   16,846    367,074 
Preferred Bank   5,053    478,671 
Primis Financial   9,239    135,444 
Princeton Bancorp   2,228    79,696 
Priority Technology Holdings *   12,096    62,657 
ProAssurance *   22,105    545,993 
PROG Holdings   17,045    610,722 
Provident Financial Services   55,754    1,264,501 
QCR Holdings   7,096    641,620 
Radian Group   58,764    2,105,514 
RBB Bancorp   7,198    173,616 
Ready Capital    63,511    120,036 
Red River Bancshares   2,179    197,701 
Redwood Trust    54,903    305,261 
Regional Management   3,986    148,877 
Remitly Global *   74,202    1,624,282 
Renasant   40,889    1,631,062 
Repay Holdings, Cl A *   29,735    112,696 
Republic Bancorp, Cl A   3,614    273,688 
Rhinebeck Bancorp *   2,087    34,102 
Richmond Mutual BanCorp   3,703    58,581 
Rithm Property Trust    2,997    43,606 
Riverview Bancorp   9,183    47,568 
Root, Cl A *   5,327    290,215 
Runway Growth Finance   771    5,189 
S&T Bancorp   16,184    714,200 
Safety Insurance Group   6,386    479,972 
SB Financial Group   2,579    53,746 
Seacoast Banking Corp of Florida   42,135    1,325,988 

 

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

165

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Security National Financial, Cl A *   7,033   $68,923 
Selective Insurance Group   26,069    2,188,493 
Selectquote *   62,012    57,039 
ServisFirst Bancshares   22,372    1,781,259 
Seven Hills Realty Trust    9,922    81,063 
Sezzle *   7,069    562,692 
Shore Bancshares   13,398    258,581 
Siebert Financial *   6,292    11,011 
Sierra Bancorp   5,235    188,879 
Silvercrest Asset Management Group, Cl A   2,897    38,096 
Simmons First National, Cl A   62,526    1,329,303 
Skyward Specialty Insurance Group *   16,963    770,968 
Slide Insurance Holdings Inc *   30,657    571,753 
SmartFinancial   6,461    270,974 
Sound Financial Bancorp   901    37,076 
South Plains Financial   5,368    220,517 
Southern First Bancshares *   3,329    187,423 
Southern Missouri Bancorp   4,209    287,222 
Southside Bancshares   12,503    412,974 
SR Bancorp   3,192    61,637 
Stellar Bancorp   20,119    755,670 
StepStone Group, Cl A   30,247    1,600,066 
Stewart Information Services   13,033    912,180 
Stock Yards Bancorp   11,381    823,188 
StoneX Group *   31,901    3,382,463 
Sunrise Realty Trust    4,596    34,424 
Texas Capital Bancshares *   19,098    1,923,169 
Third Coast Bancshares *   5,605    209,291 
Timberland Bancorp   3,280    130,806 
Tiptree   10,330    178,089 
Tompkins Financial   5,873    494,918 
Towne Bank   37,343    1,327,917 
TPG RE Finance Trust    30,953    261,862 
TriCo Bancshares   13,131    660,095 
Triumph Financial *   9,804    663,535 
Trupanion *   16,098    386,191 
TrustCo Bank NY   7,626    362,998 
Trustmark   23,892    1,060,088 
Two Harbors Investment    45,224    523,242 

 

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

166

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
UMB Financial   31,509   $3,975,491 
Union Bankshares   1,704    42,072 
United Bankshares   60,651    2,657,120 
United Community Banks   53,173    1,772,256 
United Fire Group   9,122    367,799 
Unity Bancorp   3,216    168,132 
Universal Insurance Holdings   11,044    437,674 
Univest Financial   12,196    463,326 
Upstart Holdings *   37,413    1,181,503 
USCB Financial Holdings   5,124    93,462 
Valley National Bancorp   210,113    2,851,233 
Value Line   363    12,774 
Velocity Financial *   5,012    96,681 
Victory Capital Holdings, Cl A   19,505    1,531,338 
Virginia National Bankshares   2,020    85,244 
Virtus Investment Partners   2,790    406,084 
Vroom *   493    7,385 
WaFd   33,024    1,169,050 
Walker & Dunlop   14,284    719,199 
Washington Trust Bancorp   8,279    260,209 
Waterstone Financial   6,687    120,500 
Wealthfront *   15,165    159,687 
WesBanco   41,065    1,411,815 
West BanCorp   6,654    159,363 
Westamerica BanCorp   10,282    563,659 
Western New England Bancorp   7,982    111,349 
Westwood Holdings Group   3,366    55,337 
WisdomTree   53,579    910,843 
World Acceptance *   1,008    148,337 
WSFS Financial   23,110    1,663,227 
         224,230,827 
Health Care — 15.8%          
10X Genomics, Cl A *   48,685    1,073,504 
4D Molecular Therapeutics *   19,130    169,683 
Aardvark Therapeutics *   5,633    30,587 
Abeona Therapeutics *   19,140    104,504 
Absci *   59,092    293,983 
ACADIA Pharmaceuticals *   54,433    1,222,021 

 

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

167

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Accuray *   43,566   $20,341 
Aclaris Therapeutics *   39,794    172,706 
Acme United   1,533    62,485 
Actuate Therapeutics *   4,201    12,351 
AdaptHealth, Cl A *   44,126    578,492 
Adaptive Biotechnologies *   64,737    912,792 
Addus HomeCare *   7,869    762,427 
ADMA Biologics *   100,313    1,028,208 
agilon health *   5,359    149,784 
Agios Pharmaceuticals *   24,449    684,572 
AirSculpt Technologies *   5,089    13,639 
Akebia Therapeutics *   111,420    153,760 
Aktis Oncology *   8,895    166,781 
Aldeyra Therapeutics *   23,871    36,284 
Alector *   39,421    93,428 
Alignment Healthcare *   84,671    1,908,484 
Alkermes PLC *   70,276    2,369,004 
Allogene Therapeutics *   67,749    144,305 
Alpha Teknova *   4,773    16,944 
Alphatec Holdings *   50,896    496,745 
Altimmune *   56,560    147,056 
Alumis *   29,676    732,700 
AMN Healthcare Services *   16,584    339,474 
Amneal Pharmaceuticals *   65,120    838,094 
Amphastar Pharmaceuticals *   15,550    341,478 
Amylyx Pharmaceuticals *   39,313    629,008 
AnaptysBio *   7,907    519,727 
Anavex Life Sciences *   36,670    122,478 
AngioDynamics *   16,258    177,863 
ANI Pharmaceuticals *   8,218    652,920 
Anika Therapeutics *   5,412    67,379 
Annexon *   57,102    335,189 
Anteris Technologies Global *   34,383    211,455 
Apogee Therapeutics *   19,243    1,595,052 
Aquestive Therapeutics *   44,111    180,855 
Arbutus Biopharma *   65,520    275,184 
Arcturus Therapeutics Holdings *   11,122    95,872 
Arcus Biosciences *   36,329    926,390 
Arcutis Biotherapeutics *   47,709    1,107,803 

 

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

168

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Ardelyx *   103,849   $657,364 
Ardent Health Partners *   10,008    97,678 
ArriVent Biopharma *   13,947    433,612 
Arrowhead Pharmaceuticals *   58,609    4,306,589 
ARS Pharmaceuticals *(A)   25,626    211,671 
Artivion *   18,968    679,623 
Arvinas *   24,118    238,768 
Astrana Health *   17,749    605,951 
Atea Pharmaceuticals *   30,344    167,195 
Atlantic International *   2,342    3,490 
AtriCure *   20,967    589,382 
Atrium Therapeutics *   5,155    65,829 
aTyr Pharma *   41,531    33,532 
Aura Biosciences *   19,249    135,705 
Avanos Medical *   19,403    477,702 
Aveanna Healthcare Holdings *   23,662    154,749 
Avita Medical *   5,475    23,652 
Axogen *   20,925    903,960 
Axsome Therapeutics *   17,928    3,724,542 
Azenta *   17,755    436,240 
Beam Therapeutics *   41,400    1,255,662 
Beta Bionics Inc *   17,113    174,553 
Bicara Therapeutics *   13,680    295,214 
BioAge Labs *   13,075    220,314 
BioCryst Pharmaceuticals *   97,958    897,295 
Biohaven *   50,930    488,419 
BioLife Solutions *   18,029    380,051 
Biote, Cl A *   12,376    27,475 
Bioventus, Cl A *   20,330    200,657 
Bridgebio Pharma *   68,833    4,894,715 
BrightSpring Health Services *   55,829    2,678,117 
Brookdale Senior Living *   100,692    1,445,937 
Butterfly Network, Cl A *   84,788    406,135 
Candel Therapeutics *(A)   19,453    120,220 
Capricor Therapeutics *   18,911    635,031 
Capsovision Inc *   12,082    85,541 
Cardiff Oncology *(A)   27,199    47,054 
CareDx *   21,791    453,471 
Carlsmed Inc *   3,024    26,883 

 

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

169

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Cartesian Therapeutics *   4,929   $30,658 
Castle Biosciences *   12,517    306,541 
Catalyst Pharmaceuticals *   50,123    1,409,960 
Celcuity *   15,159    1,839,545 
Celldex Therapeutics *   32,806    1,078,661 
Ceribell *   11,837    238,634 
Cerus *   81,245    164,927 
CG oncology *   25,575    1,706,875 
Claritev, Cl A *   3,990    97,077 
ClearPoint Neuro *   11,540    129,017 
Clover Health Investments, Cl A *   177,146    487,151 
Codexis *   38,712    109,168 
Cogent Biosciences *   62,036    2,220,268 
Coherus Biosciences *   44,900    79,697 
Collegium Pharmaceutical *   13,639    460,043 
Community Health Systems *   56,434    160,273 
Compass Therapeutics *   55,815    98,793 
Concentra Group Holdings Parent   50,613    1,137,274 
CONMED   13,525    495,827 
CorMedix *(A)   32,132    243,882 
CorVel *   12,576    722,617 
Corvus Pharmaceuticals *   27,905    423,877 
Crinetics Pharmaceuticals *   42,391    1,643,923 
Cross Country Healthcare *   13,840    140,061 
CryoPort *   21,190    217,409 
Cullinan Therapeutics *   23,373    305,018 
CVRx *   7,117    53,449 
Cytek Biosciences *   50,933    232,254 
Cytokinetics *   51,834    3,315,821 
Definitive Healthcare, Cl A *   13,201    12,582 
Definium Therapeutics *   42,629    932,723 
Delcath Systems *   13,080    135,770 
Denali Therapeutics *   61,711    1,155,230 
Design Therapeutics *   10,499    142,786 
DiaMedica Therapeutics *   14,970    90,569 
Dianthus Therapeutics *   15,526    1,363,183 
Disc Medicine, Cl A *   11,910    785,465 
DocGo *   39,529    27,896 
Dyne Therapeutics *   57,752    1,013,548 

 

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

170

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Edgewise Therapeutics *   29,238   $905,208 
Editas Medicine, Cl A *   42,610    127,830 
Electromed *   3,058    78,621 
Eledon Pharmaceuticals *   32,354    117,769 
Embecta   25,980    237,717 
Emergent BioSolutions *   22,630    186,245 
Enanta Pharmaceuticals *   12,002    166,708 
Enhabit *   21,480    295,135 
Enliven Therapeutics *   17,045    702,765 
Enovis *   24,769    580,585 
Ensign Group   24,323    4,540,861 
Entrada Therapeutics *   12,375    167,063 
Erasca *   82,173    875,142 
Esperion Therapeutics *   103,829    207,658 
Eton Pharmaceuticals *   11,174    269,517 
Evolent Health, Cl A *   48,333    181,249 
Evolus *   24,272    130,826 
Evommune *   4,557    108,457 
EyePoint Pharmaceuticals *   33,518    442,438 
Fate Therapeutics *   47,124    58,905 
First Tracks Biotherapeutics *   7,871    183,158 
Foghorn Therapeutics *   15,048    71,478 
Fortrea Holdings *   40,560    466,440 
Fulcrum Therapeutics *   25,920    184,810 
Fulgent Genetics *   9,079    137,910 
GeneDx Holdings, Cl A *   8,258    519,346 
Geron *   236,763    364,615 
Ginkgo Bioworks Holdings *   18,139    153,456 
Glaukos *   24,296    3,490,606 
Gossamer Bio *   84,618    31,123 
GRAIL *   15,208    828,532 
Greenwich Lifesciences *(A)   2,767    65,357 
Guardant Health *   53,830    4,687,516 
Guardian Pharmacy Services, Cl A *   9,808    363,877 
Gyre Therapeutics *   5,185    39,821 
Haemonetics *   20,324    1,221,269 
Harmony Biosciences Holdings *   19,020    594,565 
Harrow *   13,694    555,018 
Health Catalyst *   29,836    37,295 

 

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

171

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
HealthEquity *   36,528   $2,996,392 
HealthStream   10,302    213,870 
HeartFlow *   8,556    254,627 
Heron Therapeutics *   67,617    81,140 
Hims & Hers Health *(A)   88,868    2,414,544 
Humacyte *(A)   68,046    57,281 
ICU Medical *   10,477    1,248,858 
Ideaya Biosciences *   36,699    1,067,941 
ImmunityBio *(A)   127,814    907,479 
Immunome *   44,221    1,014,430 
Immunovant *   35,319    958,734 
Indivior PLC *   52,511    1,931,355 
Inhibikase Therapeutics *   46,498    87,881 
Inhibrx Biosciences *   3,927    507,408 
Inmune Bio *   9,449    13,512 
Innovage Holding *   8,859    72,201 
Innoviva *   32,482    746,761 
Inogen *   10,447    74,278 
Integer Holdings *   14,969    1,324,906 
Integra LifeSciences Holdings *   29,071    306,408 
Intellia Therapeutics *   48,088    648,226 
Iovance Biotherapeutics *   146,249    491,397 
iRadimed   3,506    292,541 
IRhythm Holdings *   13,788    1,780,858 
Ironwood Pharmaceuticals, Cl A *   69,316    285,929 
Jade Biosciences *   13,773    336,061 
Janux Therapeutics *   18,584    267,052 
Joint *   3,853    34,176 
Journey Medical *   8,939    46,036 
KalVista Pharmaceuticals *(A)   16,587    442,209 
Keros Therapeutics *   12,811    142,458 
Kestra Medical Technologies *   11,623    240,829 
Kodiak Sciences *   16,362    711,420 
Korro Bio *   2,998    40,443 
KORU Medical Systems *   19,078    76,121 
Krystal Biotech *   10,757    2,821,131 
Kura Oncology *   34,913    308,282 
Kymera Therapeutics *   24,820    2,012,157 
Lantheus Holdings *   28,299    2,394,661 

 

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

172

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Larimar Therapeutics *   20,396   $82,808 
LB Pharmaceuticals *   8,379    265,698 
LeMaitre Vascular   9,028    990,823 
LENSAR *   4,292    22,447 
LENZ Therapeutics *   8,615    77,363 
Lexeo Therapeutics *   27,676    157,615 
Lifecore Biomedical *   12,528    63,517 
LifeMD *   16,812    78,680 
LifeStance Health Group *   72,063    545,517 
Ligand Pharmaceuticals *   8,429    1,934,034 
Liquidia *   28,350    1,111,604 
LivaNova PLC *   23,630    1,420,163 
Lucid Diagnostics *   39,640    42,415 
Lumexa Imaging Holdings *   10,998    105,251 
Madrigal Pharmaceuticals *   7,379    3,817,821 
MannKind *   132,607    375,278 
MapLight Therapeutics *   8,413    268,122 
Maravai LifeSciences Holdings, Cl A *   48,142    177,163 
MaxCyte *   44,514    39,172 
Maze Therapeutics Inc *   11,444    304,182 
MBX Biosciences *   12,353    373,308 
MeiraGTx Holdings PLC *   19,896    183,441 
Merit Medical Systems *   25,369    1,729,658 
Mesa Laboratories   2,247    224,700 
MiMedx Group *   51,285    172,318 
Mineralys Therapeutics *   20,663    550,669 
Mirum Pharmaceuticals *   18,274    1,778,243 
Monopar Therapeutics *   1,948    101,588 
Monte Rosa Therapeutics *   26,222    502,151 
Myomo *   14,513    12,475 
Myriad Genetics *   40,139    190,660 
National HealthCare   5,518    956,214 
National Research   5,218    85,888 
Neogen *   94,827    891,374 
NeoGenomics *   55,874    517,393 
Neurogene *   4,875    127,189 
Neuronetics *   16,290    31,603 
NeuroPace *   11,076    186,741 
Nkarta *   19,275    53,392 

 

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

173

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Novavax *(A)   64,942   $514,665 
Novocure *   43,997    669,194 
Nurix Therapeutics *   44,036    735,401 
Nutex Health *   2,208    263,194 
Nuvalent, Cl A *   21,660    2,172,065 
Nuvation Bio *   104,380    464,491 
Nuvectis Pharma *   6,828    58,448 
Ocular Therapeutix *   81,474    763,411 
Olema Pharmaceuticals *   30,271    436,205 
Omada Health Inc *   14,402    209,981 
Omeros *   29,217    426,568 
OmniAb *   46,117    64,103 
Omnicell *   19,327    800,524 
Oncology Institute *   34,575    133,460 
OPKO Health *   178,325    200,616 
OptimizeRx *   6,986    43,523 
Option Care Health *   69,219    1,407,222 
OraSure Technologies *   30,176    91,735 
Organogenesis Holdings, Cl A *   29,998    70,495 
ORIC Pharmaceuticals *   28,629    282,855 
Orthofix Medical *   16,993    199,838 
OrthoPediatrics *   7,392    111,324 
Oruka Therapeutics *   16,691    1,141,831 
Outset Medical *   7,578    32,358 
Owens & Minor *   32,667    121,195 
Pacific Biosciences of California *   121,533    193,237 
Pacira BioSciences *   17,676    450,561 
PACS Group *   19,061    639,497 
Palvella Therapeutics *   3,330    427,306 
Pediatrix Medical Group *   36,992    832,690 
Pennant Group *   14,683    459,872 
Personalis *   21,691    119,734 
Perspective Therapeutics *   26,117    101,856 
Phathom Pharmaceuticals *   20,112    225,254 
Phibro Animal Health, Cl A   8,844    470,324 
Phreesia *   25,461    234,496 
Picard Medical *   2,127    968 
Praxis Precision Medicines *   11,145    3,553,360 
Precigen *   78,008    324,513 

 

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

174

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Prestige Consumer Healthcare *   20,806   $1,171,794 
Prime Medicine *   43,714    154,966 
Privia Health Group *   50,494    1,254,776 
PROCEPT BioRobotics *   23,079    554,819 
Pro-Dex *   888    44,524 
Progyny *   32,536    604,519 
Protagonist Therapeutics *   25,239    2,497,904 
Protalix BioTherapeutics *   31,470    67,661 
Protara Therapeutics *   22,265    118,672 
PTC Therapeutics *   34,125    2,220,173 
Pulmonx *   17,059    21,836 
Pulse Biosciences *(A)   7,780    164,703 
Puma Biotechnology *   19,123    143,614 
Quanterix *   18,068    56,553 
Quantum-Si *   68,880    67,544 
QuidelOrtho *   29,409    361,731 
RadNet *   29,566    1,671,957 
Rapport Therapeutics *   12,538    415,384 
Recursion Pharmaceuticals, Cl A *(A)   198,702    687,509 
REGENXBIO *   20,443    183,374 
Relay Therapeutics *   60,913    789,432 
Replimune Group, Cl Rights *   30,362    78,030 
Rezolute *   31,365    100,368 
Rhythm Pharmaceuticals *   22,978    1,869,490 
Rigel Pharmaceuticals *   7,831    226,316 
Rocket Pharmaceuticals *   37,298    129,797 
RxSight *   16,925    119,660 
Sana Biotechnology *   73,518    241,874 
Sanara Medtech *   1,374    26,092 
SANUWAVE Health *   3,339    54,659 
Savara *   62,952    329,868 
SBC Medical Group Holdings *   4,925    16,253 
Scholar Rock Holding *   37,817    1,762,650 
Schrodinger *   24,370    291,465 
Select Medical Holdings   46,558    764,017 
SELLAS Life Sciences Group *   74,459    368,572 
Septerna, Inc. *   9,265    220,136 
Shoulder Innovations Inc *   4,544    58,118 
SI-BONE *   16,674    206,591 

 

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

175

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
SIGA Technologies   18,014   $82,864 
Sight Sciences *   18,391    75,219 
Simulations Plus *   7,282    103,186 
Sionna Therapeutics *   7,105    274,964 
Soleno Therapeutics *   21,810    1,152,004 
Solid Biosciences *   25,966    188,513 
Sonida Senior Living *   2,391    90,762 
Spyre Therapeutics *   32,342    2,407,862 
STAAR Surgical *   14,891    392,527 
Standard BioTools *   124,578    115,696 
Stereotaxis *   26,633    49,804 
Stoke Therapeutics *   21,239    694,940 
Strata Critical Medical *   29,985    150,525 
Strive, Cl B *   22,600    347,136 
Supernus Pharmaceuticals *   23,963    1,150,224 
Surgery Partners *   33,483    469,766 
Syndax Pharmaceuticals *   37,359    800,603 
Tactile Systems Technology *   9,606    221,130 
Talkspace *   61,785    320,664 
Tandem Diabetes Care *   29,414    574,308 
Tango Therapeutics *   48,104    1,040,008 
Tarsus Pharmaceuticals *   17,152    1,091,039 
Taysha Gene Therapies *   95,596    610,858 
Tectonic Therapeutic *   4,783    133,781 
Teladoc Health *   77,120    467,347 
Terns Pharmaceuticals *   41,500    2,196,595 
Tevogen Bio Holdings *   373    2,477 
TG Therapeutics *   62,865    2,123,580 
Theravance Biopharma *   16,598    277,851 
Tonix Pharmaceuticals Holding *   5,951    76,946 
TransMedics Group *   14,562    1,467,704 
Travere Therapeutics *   35,731    1,504,990 
Treace Medical Concepts *   21,518    38,948 
Trevi Therapeutics *   41,397    569,623 
TriSalus Life Sciences *   12,193    52,674 
TruBridge *   4,079    104,830 
Tvardi Therapeutics *   2,140    6,741 
Twist Bioscience *   26,268    1,535,365 
Tyra Biosciences *   11,184    388,644 

 

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

176

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
UFP Technologies *   3,293   $631,038 
Upstream Bio *   14,420    132,376 
UroGen Pharma *   17,462    416,119 
US Physical Therapy   6,534    465,351 
Utah Medical Products   1,329    86,943 
Vanda Pharmaceuticals *   24,139    171,387 
Varex Imaging *   18,245    212,554 
Vaxcyte *   53,843    3,081,973 
Vera Therapeutics, Cl A *   26,862    956,556 
Veracyte *   33,922    1,116,712 
Verastem *   29,041    158,564 
Vericel *   21,811    757,496 
Viemed Healthcare *   14,535    144,769 
Vir Biotechnology *   40,443    413,125 
Viridian Therapeutics *   35,219    474,752 
Voyager Therapeutics Inc *   20,507    76,491 
WaVe Life Sciences *   60,562    427,568 
Waystar Holding *   47,805    1,021,832 
Xencor *   30,542    364,366 
Xeris Biopharma Holdings *   68,146    417,394 
XOMA Royalty *   4,276    175,059 
Zenas Biopharma *   10,171    196,504 
Zevra Therapeutics *   24,149    245,595 
Zymeworks *   21,639    595,938 
         226,098,714 
Industrials — 19.0%          
3D Systems *   61,538    151,383 
AAR *   16,959    1,871,765 
ABM Industries   25,939    1,058,311 
ACCO Brands   37,858    121,524 
ACV Auctions, Cl A *   72,870    378,195 
AeroVironment *   16,343    3,187,212 
AerSale *   15,531    104,368 
Airjoule Technologies, Cl A *   13,573    41,805 
Airo Group Holdings Inc *   8,885    67,881 
Alamo Group   4,511    782,388 
Albany International, Cl A   12,516    726,429 
Alight, Cl A   201,345    166,593 

 

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

177

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Allegiant Travel *   6,238   $471,842 
Alliance Laundry Holdings *   19,021    482,563 
Allient   6,227    474,373 
Alta Equipment Group   9,036    70,029 
Ameresco, Cl A *   13,891    411,035 
American Superconductor *   19,983    1,069,890 
American Woodmark *   6,201    270,860 
Amprius Technologies *   49,907    1,051,041 
Apogee Enterprises   9,175    333,970 
ArcBest   9,744    1,243,042 
Archer Aviation, Cl A *   263,837    1,514,424 
Arcosa   21,057    2,663,079 
Argan   5,850    3,919,383 
Array Technologies *   65,834    509,555 
Arrive AI Inc *   1,684    1,178 
Astec Industries   9,868    641,617 
Astronics *   13,570    968,898 
Asure Software *   10,214    92,437 
Atkore   14,600    1,140,990 
Atmus Filtration Technologies   35,665    2,261,161 
AZZ, Inc.   12,852    1,838,350 
Barrett Business Services   10,810    340,839 
Beta Technologies, Cl A *   14,413    229,599 
BlackSky Technology, Cl A *   13,736    487,353 
Bloom Energy, Cl A *   94,830    26,871,029 
Blue Bird *   13,799    884,654 
BlueLinx Holdings *   3,270    173,179 
Boise Cascade   16,120    1,277,832 
Bowman Consulting Group, Cl A *   6,055    191,096 
BrightView Holdings *   30,894    367,639 
Brink’s   18,029    1,924,596 
Byrna Technologies *   7,846    45,899 
Cadre Holdings   12,369    366,741 
Cardinal Infrastructure Group, Cl A *   5,568    295,271 
Casella Waste Systems, Cl A *   27,244    2,159,087 
CBIZ *   21,434    653,737 
CECO Environmental *   12,751    945,359 
Centuri Holdings *   38,206    1,436,546 
Chart Industries *   19,608    4,076,503 

 

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

178

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Columbus McKinnon   12,309   $190,174 
CompX International   611    14,218 
Concrete Pumping Holdings *   9,424    74,638 
Conduent *   61,065    104,421 
Construction Partners, Cl A *   20,640    2,552,342 
CoreCivic *   44,705    914,664 
Covenant Logistics Group, Cl A   6,697    233,457 
CRA International   2,779    437,609 
CSG Systems International   12,050    968,941 
CSW Industrials   6,952    2,024,422 
Custom Truck One Source *   26,518    261,202 
Deluxe   19,147    596,429 
Distribution Solutions Group *   4,348    117,657 
DNOW *   80,626    1,087,645 
Douglas Dynamics   9,882    455,857 
Ducommun *   5,952    844,767 
DXP Enterprises *   5,656    965,762 
Dycom Industries *   12,623    5,227,184 
Eastern   2,597    56,770 
Energy Recovery *   22,450    248,522 
Enerpac Tool Group, Cl A   22,995    807,125 
EnerSys   15,954    3,402,350 
Ennis   10,445    218,092 
Enovix *(A)   83,540    557,212 
Enpro   9,155    2,669,140 
Enviri *   32,942    648,628 
Eos Energy Enterprises *   133,816    896,567 
ESCO Technologies   11,233    3,638,930 
Eve Holding *   42,149    121,389 
EVI Industries   2,977    55,283 
Exponent   21,625    1,446,496 
Falcon’s Beyond Global, Cl A *(A)   7,534    127,475 
Federal Signal   26,034    3,205,566 
Firefly Aerospace *   10,105    349,633 
First Advantage *   34,336    438,127 
Fluence Energy, Cl A *   30,934    376,776 
Fluor *   69,837    3,725,804 
flyExclusive *   2,284    4,819 
Forrester Research *   5,162    32,469 

 

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

179

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Forward Air *   9,460   $199,228 
Franklin Covey *   4,301    91,181 
Franklin Electric   16,810    1,684,194 
Frontier Group Holdings *   24,845    90,187 
FTAI Infrastructure   47,512    291,961 
GATX   15,558    3,048,123 
Genco Shipping & Trading   13,741    333,082 
Gencor Industries *   4,725    70,308 
GEO Group *   57,765    1,069,230 
Gibraltar Industries *   12,928    504,580 
Global Industrial   6,194    205,083 
Gorman-Rupp   9,088    688,325 
Graham *   4,536    431,827 
Granite Construction   19,045    2,610,498 
Greenbrier   13,108    643,865 
Griffon   16,613    1,514,607 
Healthcare Services Group *   30,529    653,626 
Heartland Express   19,053    254,929 
Helios Technologies   14,376    983,318 
Herc Holdings   14,153    1,796,299 
Hertz Global Holdings *(A)   52,076    331,203 
Hillman Solutions *   85,919    701,099 
HireQuest   2,612    30,221 
HNI   30,544    1,116,078 
Hub Group, Cl A   25,885    1,134,540 
Hudson Technologies *   16,897    105,775 
Huron Consulting Group *   7,363    962,086 
Hyliion Holdings *   54,575    104,238 
Hyster-Yale   5,222    206,112 
IBEX Holdings *   4,459    123,737 
ICF International   7,965    570,772 
IES Holdings *   3,916    2,522,217 
Innodata *   13,333    563,053 
Insperity   15,632    556,030 
Insteel Industries   8,111    212,346 
Interface, Cl A   25,120    700,346 
Intuitive Machines, Cl A *   48,084    1,218,929 
Janus International Group *   58,764    305,573 
JBT Marel   22,667    2,676,973 

 

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

180

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
JELD-WEN Holding *   37,460   $51,320 
JetBlue Airways *   128,791    599,522 
Joby Aviation *   253,904    2,333,378 
Kadant   5,101    1,495,256 
Karat Packaging   3,756    107,760 
Kelly Services, Cl A   13,315    129,954 
Kennametal   32,994    1,277,198 
Kforce   7,553    341,471 
Korn Ferry   22,754    1,511,776 
Kratos Defense & Security Solutions *   78,408    4,943,624 
KULR Technology Group *   17,317    44,678 
L B Foster, Cl A *   4,335    132,694 
Legalzoom.com *   54,063    348,706 
Legence, Cl A *   15,762    1,370,664 
Limbach Holdings *   4,563    455,251 
Lindsay   4,578    512,599 
Liquidity Services *   10,046    358,140 
LSI Industries   12,102    294,200 
Manitowoc *   15,007    203,945 
Marten Transport   25,300    381,524 
Masterbrand *   55,063    494,466 
Matrix Service *   11,923    161,199 
Matson   13,382    2,334,222 
Maximus   23,651    1,551,979 
Mayville Engineering *   5,809    132,503 
McGrath RentCorp   10,648    1,177,136 
Mercury Systems *   23,578    1,860,540 
Microvast Holdings *   87,575    169,020 
Miller Industries   4,769    228,864 
MillerKnoll   29,630    476,450 
Mistras Group *   4,729    89,284 
Mobile Infrastructure, Cl A *   5,729    10,541 
Modine Manufacturing *   22,744    5,791,305 
Montrose Environmental Group *   14,310    301,226 
Moog, Cl A   12,218    3,681,406 
Mueller Water Products, Cl A   67,529    1,883,384 
MYR Group *   6,692    2,708,989 
NANO Nuclear Energy *(A)   17,368    406,064 
National Presto Industries   2,237    312,822 

 

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

181

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Net Power *   13,715   $26,196 
Nextpower, Cl A *   63,277    7,538,189 
NL Industries   3,968    23,808 
NPK International *   35,543    581,128 
NuScale Power *   68,955    859,179 
NWPX Infrastructure *   4,110    404,177 
Omega Flex   1,626    51,252 
OPENLANE *   45,570    1,432,721 
Orion Group Holdings *   16,391    223,245 
Palladyne AI *(A)   13,319    81,113 
PAMT *   2,022    20,422 
Pangaea Logistics Solutions   13,103    100,369 
Park Aerospace   7,916    268,036 
Park-Ohio Holdings   4,343    125,730 
Perma-Fix Environmental Services *   7,575    95,900 
Pitney Bowes   69,912    1,080,840 
Planet Labs PBC *   117,423    4,341,128 
Plug Power *   574,050    1,796,777 
Powell Industries   12,450    3,452,012 
Power Solutions International *   3,689    270,293 
Preformed Line Products   1,105    367,136 
Primoris Services   23,453    4,248,511 
Proficient Auto Logistics *   10,839    79,667 
Proto Labs *   10,292    667,025 
Public Policy Holding   1,848    25,909 
Quad   12,036    89,548 
Quanex Building Products   19,989    398,581 
Radiant Logistics *   15,949    134,131 
RCM Technologies *   2,107    65,928 
Red Cat Holdings *(A)   44,861    525,771 
Redwire *   45,966    422,428 
Resideo Technologies *   55,902    2,312,666 
Resolute Holdings Management *   1,868    254,216 
Resources Connection   13,286    56,333 
Richtech Robotics, Cl B *   73,428    180,633 
Rush Enterprises, Cl A   26,473    1,959,796 
Rush Enterprises, Cl B   3,678    267,979 
RXO *   70,453    1,406,946 
Satellogic, Cl A *   36,088    233,129 

 

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

182

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Shoals Technologies Group, Cl A *   72,843   $578,373 
Skillsoft *(A)   2,112    16,305 
Sky Harbour Group, Cl A *   9,366    98,999 
SkyWest *   17,567    1,442,602 
SKYX Platforms *   38,950    42,066 
Southland Holdings *   5,514    5,900 
Spire Global, Cl A *(A)   12,689    226,245 
SPX Technologies *   20,904    4,576,095 
Standex International   5,210    1,422,330 
Sterling Infrastructure *   12,925    6,664,389 
Sun Country Airlines Holdings *   22,146    349,907 
Sunpower *(A)   35,157    29,103 
Sunrun *   98,473    1,253,561 
Tecnoglass   11,751    506,233 
Tennant   7,850    651,864 
Terex   48,593    3,022,485 
Thermon Group Holdings *   14,047    849,703 
TIC Solutions *   87,663    801,240 
Titan International *   21,416    163,190 
Titan Machinery *   9,288    194,212 
Transcat *   3,977    302,650 
TriNet Group   12,964    593,492 
Trinity Industries   34,829    1,135,774 
TrueBlue *   12,584    69,086 
TTEC Holdings *   9,239    26,886 
Tutor Perini   19,284    1,791,869 
UFP Industries   25,229    2,257,743 
UniFirst   6,336    1,618,911 
Universal Logistics Holdings   3,080    74,166 
Upwork *   53,302    551,676 
V2X *   11,470    777,781 
Verra Mobility, Cl A *   69,227    1,026,636 
Vestis *   39,722    386,098 
Vicor *   9,931    2,674,120 
Virco Mfg.   4,852    29,403 
Voyager Technologies Inc, Cl A *   20,757    548,192 
VSE   11,654    2,000,759 
Wabash National   17,363    150,884 
Watts Water Technologies, Cl A   11,914    3,576,106 

 

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

183

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Werner Enterprises   25,143   $927,022 
Willdan Group *   6,068    461,168 
Willis Lease Finance   1,213    235,504 
Worthington Enterprises   13,662    741,437 
Xometry, Cl A *   19,016    974,950 
York Space Systems *(A)   7,706    255,531 
Zurn Elkay Water Solutions   65,081    3,381,609 
         270,817,034 
Information Technology — 14.9%          
8x8 *   58,832    112,957 
908 Devices *   12,056    82,342 
A10 Networks   31,116    830,175 
ACI Worldwide *   44,879    1,939,670 
ACM Research, Cl A *   22,275    1,151,395 
Adeia   47,064    1,498,988 
ADTRAN Holdings *   32,165    568,999 
Advanced Energy Industries   16,395    6,294,204 
Aehr Test Systems *   12,631    1,143,863 
Aeluma *   5,683    132,357 
Aeva Technologies *   17,333    277,155 
Agilysys *   11,170    715,550 
Airship AI Holdings *   10,054    22,521 
Alarm.com Holdings *   20,624    915,912 
Alkami Technology *   29,860    471,191 
Alpha & Omega Semiconductor *   11,002    477,817 
Ambarella *   17,895    1,231,176 
Amiq Micro Inc *   7,844    293,993 
Amplitude, Cl A *   42,627    303,078 
Appian, Cl A *   17,082    355,135 
Applied Digital *   102,905    3,524,496 
Applied Optoelectronics *   28,635    4,706,449 
Arlo Technologies *   44,025    618,551 
Arteris *   13,366    387,079 
Asana, Cl A *   37,933    239,737 
ASGN *   18,044    380,728 
Atomera *   13,171    107,739 
AudioEye *   3,464    24,802 
AvePoint *   65,187    635,573 

 

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

184

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Aviat Networks *   5,072   $116,301 
Axcelis Technologies *   13,475    1,874,507 
Backblaze, Cl A *   24,230    103,704 
Badger Meter   12,844    1,552,968 
Bel Fuse, Cl A   646    157,269 
Bel Fuse, Cl B   4,536    1,251,210 
Belden   16,971    1,908,898 
Benchmark Electronics   15,282    1,253,888 
BigBear.ai Holdings *(A)   188,047    748,427 
Bit Digital *   141,438    213,571 
Bitdeer Technologies Group, Cl A *   53,141    599,962 
BK Technologies *   1,231    118,619 
Blackbaud *   16,430    610,703 
BlackLine *   21,576    674,250 
Blaize Holdings, Cl A *   33,938    66,518 
Blend Labs, Cl A *   85,547    124,899 
Box, Cl A *   60,976    1,475,619 
Braze, Cl A *   38,185    841,216 
C3.ai, Cl A *   55,845    493,111 
Calix *   26,100    1,136,916 
Cerence *   19,066    173,501 
CEVA *   11,448    349,622 
Cipher Digital *   140,567    2,493,659 
Cleanspark *   109,533    1,372,449 
Clear Secure, Cl A   38,269    2,043,182 
Clearfield *   4,962    143,352 
Clearwater Analytics Holdings, Cl A *   121,021    2,928,708 
Climb Global Solutions   6,732    112,290 
Cohu *   19,830    938,951 
Commerce.com *   28,952    81,934 
CommVault Systems *   19,148    1,893,354 
CompoSecure, Cl A   77,113    1,189,854 
Consensus Cloud Solutions *   8,196    212,113 
Core Scientific *   125,684    2,513,680 
Corsair Gaming *   20,274    137,660 
CPI Card Group *   3,332    59,010 
Credo Technology Group Holding *   70,048    12,189,053 
Crexendo *   7,539    49,305 
CS Disco *   10,584    45,829 

 

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

185

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
CSP   3,040   $28,242 
CTS   12,425    709,468 
Daily Journal *   575    304,037 
Daktronics *   16,905    332,352 
Diebold Nixdorf *   10,493    805,967 
Digi International *   16,161    905,662 
Digimarc *   7,058    51,735 
Digital Turbine *   46,961    165,772 
DigitalOcean Holdings *   33,077    3,189,615 
Diodes *   19,904    2,132,714 
Domo, Cl B *   14,751    52,514 
Eastman Kodak *   27,237    363,069 
eGain *   7,141    53,986 
ePlus   11,416    966,821 
EverCommerce *   6,446    74,451 
Evolv Technologies Holdings *   67,352    484,934 
Expensify, Cl A *   27,033    27,574 
Extreme Networks *   57,869    1,278,326 
Fastly, Cl A *   61,235    1,546,490 
Five9 *   33,973    584,336 
FormFactor *   33,714    4,582,744 
Frequency Electronics *   2,921    146,517 
Freshworks, Cl A *   90,396    737,631 
Grid Dynamics Holdings *   29,378    167,161 
Hackett Group   10,695    138,072 
Harmonic *   48,142    550,263 
I3 Verticals, Cl A *   9,674    218,149 
Ichor Holdings *   14,737    972,200 
Immersion   12,388    75,938 
Impinj *   12,194    1,767,155 
Information Services Group   15,460    63,077 
Inseego *   5,634    102,708 
Insight Enterprises *   12,647    921,966 
Intapp *   24,751    555,660 
InterDigital   11,190    3,318,506 
IonQ *(A)   149,641    6,751,802 
Itron *   19,697    1,650,609 
Kaltura *   34,228    46,892 
Kimball Electronics *   10,545    284,820 

 

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

186

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Knowles *   37,018   $1,154,591 
Kopin *   74,054    330,281 
Life360 *   8,968    386,431 
LiveRamp Holdings *   27,099    792,104 
MARA Holdings *(A)   164,558    1,973,050 
MaxLinear, Cl A *   35,405    2,504,904 
Methode Electronics   14,710    117,974 
MicroVision *(A)   132,526    86,990 
Mirion Technologies, Cl A *   103,879    2,051,610 
Mitek Systems *   19,270    269,009 
M-Tron Industries *   1,431    95,562 
N-able *   30,881    159,964 
Napco Security Technologies   14,993    700,923 
Navitas Semiconductor, Cl A *   88,127    1,454,096 
NCR Voyix *   60,296    415,439 
Neonode *   5,213    8,654 
NETGEAR *   11,852    299,500 
NetScout Systems *   30,288    1,020,706 
NextNav *   41,070    761,027 
nLight *   20,559    1,436,046 
Novanta *   15,645    2,026,497 
NVE   2,055    170,133 
OneSpan   15,920    184,354 
Ooma *   11,036    180,108 
OSI Systems *   6,830    1,959,664 
Ouster *   24,559    662,111 
Pagaya Technologies, Cl A *   26,162    363,390 
PagerDuty *   38,123    253,518 
PAR Technology *   17,394    233,775 
PC Connection   4,768    303,912 
PDF Solutions *   13,804    591,501 
Penguin Solutions *   22,577    686,567 
Photronics *   24,700    1,222,156 
Plexus *   11,504    2,882,672 
Porch Group *   37,963    365,584 
Power Integrations   23,944    1,740,968 
Powerfleet NJ *   54,743    176,272 
Progress Software *   18,162    505,812 
Q2 Holdings *   26,945    1,367,459 

 

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

187

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Qualys *   15,621   $1,357,934 
Quantum Computing *(A)   87,352    787,915 
Rackspace Technology *(A)   37,740    55,100 
Rambus *   46,761    5,382,659 
Rapid7 *   28,076    165,648 
Red Violet *   4,868    182,209 
ReposiTrak   4,912    48,039 
Rezolve AI PLC *(A)   96,283    247,447 
Ribbon Communications *   41,305    109,045 
Richardson Electronics   5,462    78,653 
Rigetti Computing *   141,464    2,468,547 
Rimini Street *   21,496    73,301 
Riot Platforms *   151,059    2,604,257 
Rogers *   7,820    1,061,565 
Sanmina *   23,117    5,035,345 
ScanSource *   9,502    390,722 
Semtech *   40,364    4,240,238 
Silicon Laboratories *   14,105    3,070,659 
Silvaco Group *   3,390    34,612 
SiTime *   9,789    5,502,886 
SkyWater Technology *   15,368    490,239 
SoundHound AI, Cl A *(A)   167,963    1,336,986 
SoundThinking *   4,372    29,817 
Sprinklr, Cl A *   49,987    245,936 
Sprout Social, Cl A *   23,116    138,696 
SPS Commerce *   16,487    925,250 
Synaptics *   16,842    1,576,243 
Telos *   22,108    94,401 
Tenable Holdings *   51,445    1,074,686 
TeraWulf *   149,368    3,245,767 
TSS *   9,243    141,603 
TTM Technologies *   44,372    7,020,538 
Tucows, Cl A *   2,998    47,159 
Turtle Beach *   6,878    79,235 
Ultra Clean Holdings *   19,340    1,511,421 
Unisys *   29,376    76,671 
Varonis Systems, Cl B *   50,471    1,327,387 
Veeco Instruments *   25,721    1,282,192 
Vertex, Cl A *   30,413    376,209 

 

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

188

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Via Transportation, Cl A *   4,595   $69,890 
Viant Technology, Cl A *   6,534    70,959 
Viasat *   53,504    3,526,449 
Viavi Solutions *   100,024    5,241,258 
Vishay Intertechnology   52,514    1,521,331 
Vishay Precision Group *   5,186    313,338 
Vistance Networks Inc   94,516    1,209,332 
Vuzix *(A)   29,434    84,770 
Weave Communications *   28,572    140,289 
Whitefiber *   4,751    72,738 
Workiva, Cl A *   21,996    1,176,346 
Xerox Holdings   51,848    116,658 
Xperi *   20,152    134,817 
Yext *   43,944    169,624 
Zeta Global Holdings, Cl A *   91,148    1,678,946 
         212,142,905 
Materials — 4.4%          
AdvanSix   11,360    280,138 
Alpha Metallurgical Resources *   4,977    927,962 
American Battery Technology *   53,983    182,463 
American Vanguard *   11,124    32,037 
Ardagh Metal Packaging   60,456    232,756 
Arq *   13,817    31,365 
Ascent Industries *   3,576    52,102 
ASP Isotopes *(A)   49,228    258,939 
Aspen Aerogels *   28,723    106,562 
Avient   39,916    1,480,085 
Balchem   14,219    2,298,075 
Cabot   22,664    1,744,221 
Century Aluminum *   24,639    1,464,542 
Chemours   65,204    1,757,248 
Clearwater Paper *   6,774    92,872 
Coeur Mining *   440,767    7,920,583 
Commercial Metals   48,266    3,328,423 
Compass Minerals International *   13,601    363,283 
Constellium, Cl A *   59,540    1,862,411 
Contango ORE *   9,129    209,511 
Core Molding Technologies *   3,479    93,759 

 

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

189

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
Dakota Gold *   38,765   $208,556 
Ecovyst *   49,468    701,456 
Ferroglobe PLC   51,877    240,709 
Flotek Industries *   6,230    105,287 
Friedman Industries   3,067    63,150 
Greif, Cl A   10,409    679,083 
Greif, Cl B   1,965    157,672 
Hawkins   8,494    1,422,320 
HB Fuller   23,715    1,435,232 
Hecla Mining   275,656    4,967,321 
Idaho Strategic Resources *   6,359    268,032 
Ingevity *   15,576    1,186,736 
Innospec   10,778    821,930 
Intrepid Potash *   4,624    182,972 
Ivanhoe Electric *   46,201    592,759 
Kaiser Aluminum   6,992    1,191,647 
Knife River *   24,788    2,294,129 
Koppers Holdings   8,221    335,663 
Kronos Worldwide   9,856    73,329 
LSB Industries *   23,306    347,259 
Magnera *   14,211    141,826 
Materion   8,959    1,646,754 
Mativ Holdings   23,408    217,226 
Metallus *   15,733    302,703 
Minerals Technologies   13,720    987,017 
Myers Industries   16,089    331,594 
NioCorp Developments *   50,926    304,028 
O-I Glass, Cl I *   66,622    606,926 
Perimeter Solutions *   60,263    1,825,969 
Perpetua Resources *   37,585    1,037,722 
PureCycle Technologies *(A)   56,281    420,982 
Quaker Chemical   5,934    806,371 
Ramaco Resources, Cl A *   17,944    266,468 
Ranpak Holdings, Cl A *   20,601    104,859 
Rayonier Advanced Materials *   27,956    265,302 
Ryerson Holding   19,051    527,903 
Sensient Technologies   18,325    2,082,453 
Smith-Midland *   1,237    41,786 
Solesence *   8,633    11,568 

 

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

190

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
Stepan   9,351   $467,831 
SunCoke Energy   36,832    251,194 
Sylvamo   14,438    616,936 
Tredegar *   11,730    112,608 
TriMas   13,811    511,283 
Trinseo PLC   22    2 
Tronox Holdings PLC, Cl A   51,882    518,301 
United States Antimony *(A)   51,523    618,791 
United States Lime & Minerals   4,660    501,742 
US Gold *   5,878    96,517 
USA Rare Earth *   79,871    2,074,250 
Valhi   1,111    16,721 
Warrior Met Coal   22,611    2,031,598 
Worthington Steel   14,231    546,897 
         62,288,707 
Real Estate — 5.2%          
Acadia Realty Trust    57,191    1,236,469 
Alexander’s    913    230,039 
Alpine Income Property Trust    5,834    109,679 
American Assets Trust    22,552    467,728 
American Healthcare REIT    77,499    3,935,399 
American Realty Investors *   610    8,638 
Apple Hospitality REIT    97,096    1,307,883 
Armada Hoffler Properties REIT ‡   34,727    211,487 
Braemar Hotels & Resorts    24,970    60,427 
Brandywine Realty Trust    74,666    226,238 
Broadstone Net Lease, Cl A    82,225    1,628,055 
BRT Apartments    4,648    66,792 
CareTrust REIT    97,522    3,847,243 
CBL & Associates Properties    7,911    356,153 
Centerspace    7,254    495,231 
Chatham Lodging Trust    20,535    178,244 
Clipper Realty    5,945    20,154 
Community Healthcare Trust    12,054    207,570 
Compass, Cl A *   278,094    2,105,172 
COPT Defense Properties    49,384    1,543,250 
CTO Realty Growth    13,915    281,779 
Curbline Properties    42,213    1,165,079 

 

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

191

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Cushman & Wakefield *   100,329   $1,408,619 
DiamondRock Hospitality    88,311    900,772 
Diversified Healthcare Trust ‡   95,019    716,443 
Douglas Elliman *   32,336    64,995 
Douglas Emmett    70,202    758,884 
Easterly Government Properties    18,402    430,791 
Empire State Realty Trust, Cl A    60,678    337,976 
Essential Properties Realty Trust    86,126    2,706,940 
eXp World Holdings   39,099    243,196 
Farmland Partners    16,833    180,955 
Forestar Group *   8,420    237,949 
Four Corners Property Trust    45,904    1,173,765 
Franklin Street Properties    35,762    23,302 
FrontView REIT    9,068    160,504 
FRP Holdings *   5,104    107,235 
Getty Realty    23,416    775,538 
Gladstone Commercial    20,980    264,558 
Gladstone Land    14,976    143,620 
Global Medical REIT    5,563    195,094 
Global Net Lease    85,794    820,191 
Hudson Pacific Properties ‡ *   23,332    214,888 
Independence Realty Trust    104,284    1,700,872 
Industrial Logistics Properties Trust    23,495    174,568 
Innovative Industrial Properties    12,054    653,929 
InvenTrust Properties    33,814    1,086,106 
JBG SMITH Properties    25,923    388,845 
Kennedy-Wilson Holdings   52,440    571,596 
Kite Realty Group Trust    94,310    2,467,150 
LTC Properties    20,441    781,255 
LXP Industrial Trust    25,297    1,288,123 
Macerich    111,704    2,427,328 
Marcus & Millichap   10,388    288,682 
Maui Land & Pineapple *   3,040    47,181 
Modiv Industrial    4,130    65,956 
National Health Investors    20,344    1,564,657 
NET Lease Office Properties ‡   6,551    85,556 
NETSTREIT    36,441    749,591 
Newmark Group, Cl A   65,758    1,060,019 
NexPoint Diversified Real Estate Trust ‡   16,068    87,089 

 

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

192

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
NexPoint Residential Trust    9,791   $282,862 
One Liberty Properties    8,086    183,633 
Outfront Media    64,035    1,975,480 
Peakstone Realty Trust    15,949    334,610 
Pebblebrook Hotel Trust    48,792    685,528 
Phillips Edison    54,732    2,198,311 
Piedmont Office Realty Trust ‡ *   53,886    450,487 
Postal Realty Trust, Cl A    10,767    235,582 
RE/MAX Holdings, Cl A *   8,268    88,468 
RLJ Lodging Trust    53,770    443,065 
RMR Group, Cl A   6,851    122,016 
Ryman Hospitality Properties    26,809    2,817,358 
Sabra Health Care REIT    108,088    2,233,098 
Safehold    24,309    389,430 
Saul Centers    5,427    186,852 
Seaport Entertainment Group *   3,373    75,184 
Service Properties Trust    235,720    365,366 
Sila Realty Trust    24,147    734,793 
SITE Centers    22,046    121,033 
SL Green Realty    31,137    1,320,520 
SmartStop Self Storage REIT    24,146    760,116 
St. Joe   16,481    1,064,178 
Stratus Properties *   2,968    89,812 
Strawberry Fields REIT    3,228    39,930 
Summit Hotel Properties    46,165    229,440 
Sunstone Hotel Investors    78,874    774,543 
Tanger    49,245    1,826,005 
Tejon Ranch *   9,253    181,081 
Terreno Realty    44,330    2,890,316 
Transcontinental Realty Investors *   508    17,993 
UMH Properties    34,779    540,813 
Universal Health Realty Income Trust    5,617    228,612 
Urban Edge Properties    55,156    1,209,019 
Veris Residential    34,439    653,308 
Whitestone REIT    19,552    370,315 
Xenia Hotels & Resorts    41,255    671,219 
         73,833,803 

 

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

193

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — 2.7%          
American States Water   16,757   $1,261,635 
Avista   35,262    1,449,268 
Black Hills   33,013    2,485,549 
Cadiz *   24,256    105,028 
California Water Service Group   25,907    1,094,312 
Chesapeake Utilities   10,114    1,275,578 
Consolidated Water   6,546    209,799 
Genie Energy, Cl B   9,237    129,041 
Global Water Resources   5,624    39,987 
H2O America   14,456    812,283 
Hallador Energy *   14,696    228,229 
Hawaiian Electric Industries *   70,851    1,067,725 
MGE Energy   16,015    1,284,723 
Middlesex Water   7,929    403,428 
Montauk Renewables *   30,516    44,553 
New Jersey Resources   43,868    2,470,207 
Northwest Natural Holding   18,029    955,537 
Northwestern Energy Group   26,745    1,934,733 
Oklo, Cl A *(A)   52,932    3,837,570 
ONE Gas   25,925    2,313,028 
Ormat Technologies   26,490    3,043,701 
Otter Tail   16,691    1,489,505 
Portland General Electric   49,167    2,553,242 
Pure Cycle *   9,061    104,564 
RGC Resources   3,607    81,987 
Southwest Gas Holdings   29,778    2,800,621 
Spire   25,319    2,308,586 
TXNM Energy   43,701    2,580,981 
Unitil   7,684    403,103 
York Water   6,222    180,562 
         38,949,065 
TOTAL UNITED STATES        1,358,568,216 
TOTAL COMMON STOCK
(Cost $1,215,888,004)
        1,420,607,731 

 

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

194

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

   Number of
Rights
   Value 
RIGHTS — 0.0%        
United States — 0.0%        
Zimmer Biomet Holdings#(B)   28,145   $ 
TOTAL RIGHTS
(Cost $–)
         
           
   Shares      
SHORT-TERM INVESTMENT(C)(D) — 2.0%          
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 3.580%
(Cost $28,299,409)
   28,299,409    28,299,409 
TOTAL INVESTMENTS — 101.5%
(Cost $1,244,187,413)
       $1,448,907,140 

 

Percentages are based on Net Assets of $1,427,015,994.

 

A list of the open futures contracts held by the Fund at April 30, 2026, is as follows:

 

Type of Contract  Number of
Contracts
  Expiration
Date
  Notional Amount   Value   Unrealized
Appreciation
 Long Contracts                    
Russell 2000 Index E-Mini  46  Jun-2026    $6,401,175     $6,457,940   $56,766

 

# Expiration date not available.
* Non-income producing security.
Real Estate Investment Trust
(A) This security or a partial position of this security is on loan at April 30, 2026. The total market value of securities on loan at April 30, 2026 was $29,018,029.
(B) Level 3 security in accordance with fair value hierarchy.
(C) These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2026 was $28,299,409. The total value of non-cash collateral held from securities on loan as of April 30, 2026 was $-.
(D) The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2026.

 

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

195

 

Schedule of Investments   April 30, 2026 (Unaudited)
     
  Global X Russell 2000 ETF  

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments and other financial instruments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3(1)   Total 
Common Stock  $1,420,607,731   $   $   $1,420,607,731 
Rights           ^    
Short-Term Investment   28,299,409            28,299,409 
Total Investments in Securities  $1,448,907,140   $   $   $1,448,907,140 
                     
Other Financial Instruments   Level 1    Level 2    Level 3    Total 
Futures Contracts*                    
Unrealized Appreciation  $56,766   $   $   $56,766 
Total Other Financial Instruments  $56,766   $   $   $56,766 

 

* Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.
^ Includes Securities in which the fair value is $0 or has been rounded to $0.
(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.

 

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.

196

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X U.S. Electrification ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
CANADA — 1.6%          
Utilities — 1.6%          
Emera    132,770   $7,092,573 
           
UNITED KINGDOM — 4.0%          
Utilities — 4.0%          
National Grid PLC ADR   196,858    17,626,665 
           
UNITED STATES — 94.3%          
Consumer Discretionary — 0.0%          
EVgo, Cl A *   50,349    105,733 
           
Industrials — 24.7%          
Ameresco, Cl A *   14,075    416,479 
American Superconductor *   18,836    1,008,479 
AMETEK   72,431    17,057,501 
Bloom Energy, Cl A *   82,311    23,323,645 
Eaton PLC   42,124    18,240,113 
EnerSys   15,073    3,214,468 
Eos Energy Enterprises *   112,913    756,517 
FuelCell Energy *   20,913    271,869 
Hubbell, Cl B    22,811    11,591,866 
MasTec *   25,534    10,061,673 
NuScale Power *   84,234    1,049,556 
Plug Power *   566,454    1,773,001 
Quanta Services   28,424    20,686,134 
         109,451,301 
Utilities — 69.6%          
Alliant Energy    111,771    8,207,344 
Ameren    119,869    13,623,112 
American Electric Power   127,975    17,546,652 
Avista   35,292    1,450,501 
Clearway Energy, Cl C   38,112    1,538,200 
Consolidated Edison    155,331    17,317,853 
Constellation Energy   57,762    18,079,506 
Dominion Energy   274,116    17,680,482 
Duke Energy   133,636    17,312,544 
Edison International    177,622    12,342,953 

 

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

197

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X U.S. Electrification ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — continued          
Entergy    148,123   $17,465,183 
Evergy    99,564    8,247,882 
Eversource Energy   163,768    11,578,398 
Exelon   363,892    16,735,393 
FirstEnergy   256,073    12,168,589 
Hawaiian Electric Industries *   73,999    1,115,165 
IDACORP   23,791    3,514,882 
NextEra Energy    186,017    18,207,344 
Northwestern Energy Group    25,693    1,858,632 
OGE Energy   90,969    4,439,287 
Ormat Technologies    25,373    2,915,358 
Pinnacle West Capital   51,904    5,383,483 
Portland General Electric   50,969    2,646,820 
Public Service Enterprise Group    209,742    17,127,532 
Southern   181,056    17,508,115 
Talen Energy *   17,061    6,353,858 
TXNM Energy   46,714    2,758,929 
Vistra    104,682    16,523,007 
Xcel Energy   211,035    17,505,353 
         309,152,357 
TOTAL UNITED STATES        418,709,391 
TOTAL COMMON STOCK
(Cost $391,376,537)
        443,428,629 
TOTAL INVESTMENTS — 99.9%
(Cost $391,376,537)
       $443,428,629 

 

Percentages are based on Net Assets of $443,983,120.

 

*Non-income producing security.

 

As of April 30, 2026, 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.

198

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Market Leaders Top 50 ETF

 

   Shares   Value 
COMMON STOCK — 99.8%          
UNITED STATES — 99.8%          
Communication Services — 3.8%          
Verizon Communications    1,318   $63,304 
           
Consumer Discretionary — 19.5%          
Amazon.com *   324    85,879 
AutoZone *   6    22,224 
Deckers Outdoor *   45    4,599 
Domino’s Pizza   9    3,055 
Home Depot    213    70,034 
Lowe’s   169    40,356 
Lululemon Athletica *   32    4,406 
NVR *   1    6,316 
O’Reilly Automotive *   267    26,540 
Starbucks    344    36,234 
Tapestry    62    8,992 
Yum! Brands    83    13,251 
         321,886 
Consumer Staples — 12.0%          
Altria Group    502    36,470 
Kimberly-Clark    99    9,745 
PepsiCo   402    63,713 
Walmart    662    87,338 
         197,266 
Energy — 0.5%          
Texas Pacific Land   18    7,986 
           
Financials — 8.1%          
Ameriprise Financial   27    12,819 
Capital One Financial   187    35,773 
Progressive   177    35,626 
S&P Global    94    40,536 
Synchrony Financial    103    7,849 
         132,603 
Health Care — 28.0%          
AbbVie   333    70,369 
Cencora   58    17,865 

 

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

199

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Market Leaders Top 50 ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
Eli Lilly   75   $70,095 
IDEXX Laboratories *   24    13,459 
McKesson    37    30,162 
Merck    760    82,977 
Pfizer   1,720    45,924 
Regeneron Pharmaceuticals    30    21,212 
ResMed   44    9,408 
UnitedHealth Group   228    84,469 
Zoetis, Cl A   134    15,406 
         461,346 
Industrials — 7.4%          
Automatic Data Processing   123    26,069 
Cintas   102    17,820 
Copart *   265    8,774 
Lennox International    10    5,349 
Lockheed Martin   61    31,596 
Paychex   98    9,078 
United Parcel Service, Cl B    215    23,392 
         122,078 
Information Technology — 20.5%          
Adobe *   126    31,009 
Arista Networks *   306    52,849 
Cisco Systems    935    85,553 
Fair Isaac *   7    7,175 
GoDaddy, Cl A *   41    3,558 
Intuit   84    32,634 
Microsoft    157    64,021 
Oracle    336    54,227 

 

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

200

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Market Leaders Top 50 ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
VeriSign    26   $6,985 
         338,011 
TOTAL UNITED STATES        1,644,480 
TOTAL COMMON STOCK
(Cost $1,739,812)
        1,644,480 
TOTAL INVESTMENTS — 99.8%
(Cost $1,739,812)
       $1,644,480 

 

Percentages are based on Net Assets of $1,648,282.

 

*Non-income producing security.

 

As of April 30, 2026, 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.

201

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
UNITED STATES — 99.9%          
Communication Services — 5.6%          
AT&T    830   $21,688 
Charter Communications, Cl A *   10    1,652 
Comcast, Cl A   426    11,519 
Fox, Cl A   24    1,524 
Fox, Cl B   17    969 
Live Nation Entertainment *   19    3,001 
Omnicom Group   37    2,838 
Paramount Skydance, Cl B    36    369 
Take-Two Interactive Software *   20    4,275 
TKO Group Holdings, Cl A    8    1,489 
T-Mobile US   56    10,948 
Trade Desk, Cl A *   52    1,227 
Verizon Communications    494    23,727 
Walt Disney   210    21,787 
Warner Bros Discovery *   290    7,844 
         114,857 
Consumer Discretionary — 12.7%          
Amazon.com *   568    150,554 
AutoZone *   1    3,704 
Best Buy    11    665 
Carnival    63    1,670 
Carvana, Cl A *   8    3,166 
Chipotle Mexican Grill, Cl A *   77    2,617 
Darden Restaurants    7    1,404 
Deckers Outdoor *   9    920 
Domino’s Pizza   2    679 
DoorDash, Cl A *   22    3,710 
DR Horton   16    2,462 
eBay    26    2,691 
Expedia Group   7    1,739 
Ford Motor   228    2,754 
General Motors   54    4,152 
Genuine Parts    8    858 
Hasbro    8    767 
Hilton Worldwide Holdings    14    4,537 
Home Depot    58    19,070 
Lennar, Cl A    13    1,174 

 

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

202

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Lowe’s   33   $7,880 
Lululemon Athletica *   6    826 
Marriott International, Cl A   13    4,702 
MGM Resorts International *   12    467 
O’Reilly Automotive *   49    4,871 
Pool    2    427 
PulteGroup    11    1,346 
Ross Stores   19    4,328 
Starbucks    66    6,952 
Tapestry    12    1,741 
TJX   65    10,189 
Tractor Supply   31    1,088 
Ulta Beauty *   3    1,612 
Williams-Sonoma    7    1,268 
Yum! Brands    16    2,554 
         259,544 
Consumer Staples — 5.3%          
Altria Group    98    7,120 
Campbell’s Company    11    229 
Church & Dwight    14    1,359 
Clorox   7    675 
Conagra Brands    28    402 
Constellation Brands, Cl A   8    1,253 
Costco Wholesale    26    26,378 
Dollar General    13    1,506 
Dollar Tree *   11    1,068 
General Mills   31    1,095 
Hershey   9    1,672 
Hormel Foods   17    365 
J M Smucker    6    588 
Keurig Dr Pepper   79    2,322 
Kimberly-Clark    19    1,870 
Kraft Heinz   50    1,133 
Kroger   35    2,382 
McCormick    15    763 
Molson Coors Beverage, Cl B   10    427 
Monster Beverage *   41    3,160 
PepsiCo   80    12,679 

 

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

203

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Staples — continued          
Sysco    28   $2,092 
Target   27    3,503 
Tyson Foods, Cl A   16    1,025 
Walmart    255    33,642 
         108,708 
Energy — 2.7%          
APA    21    855 
ConocoPhillips    72    9,056 
Coterra Energy    44    1,580 
Devon Energy   36    1,849 
Diamondback Energy   11    2,262 
EOG Resources    32    4,498 
EQT   36    2,163 
Expand Energy    14    1,430 
Kinder Morgan    114    3,747 
Marathon Petroleum   17    4,221 
Occidental Petroleum    42    2,544 
ONEOK    37    3,421 
Phillips 66    23    4,121 
Targa Resources   12    3,121 
Texas Pacific Land   3    1,331 
Valero Energy   18    4,547 
Williams   71    5,418 
         56,164 
Financials — 14.8%          
Allstate   14    3,042 
American Express   28    9,045 
Ameriprise Financial   5    2,374 
Apollo Global Management   24    3,089 
Ares Management, Cl A    11    1,291 
Arthur J Gallagher    13    2,683 
Assurant   3    709 
Bank of America   353    18,871 
Bank of New York Mellon   37    4,972 
Berkshire Hathaway, Cl B *   96    45,466 
Blackstone   39    4,898 
Block, Cl A *   29    2,045 

 

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

204

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Brown & Brown    15   $902 
Capital One Financial   33    6,313 
CBOE Global Markets    5    1,500 
Charles Schwab    88    8,064 
Chubb    19    6,213 
Cincinnati Financial    8    1,309 
Citizens Financial Group    23    1,496 
CME Group, Cl A    19    5,469 
Coinbase Global, Cl A *   12    2,253 
Corpay *   4    1,226 
Erie Indemnity, Cl A   1    219 
Everest Group   2    714 
FactSet Research Systems    2    455 
Fidelity National Information Services    27    1,256 
Fifth Third Bancorp    35    1,777 
Fiserv *   28    1,754 
Franklin Resources    16    480 
Global Payments   12    864 
Globe Life   4    617 
Goldman Sachs Group    16    14,780 
Hartford Insurance Group   15    2,052 
Huntington Bancshares   82    1,374 
Interactive Brokers Group, Cl A   23    1,829 
Intercontinental Exchange    30    4,743 
Invesco   23    603 
Jack Henry & Associates    4    615 
JPMorgan Chase    143    44,792 
KeyCorp    49    1,083 
KKR    36    3,756 
Loews    9    1,013 
M&T Bank   8    1,749 
MetLife   29    2,323 
Moody’s    8    3,695 
Morgan Stanley    63    12,007 
Nasdaq   24    2,206 
Northern Trust    10    1,663 
PayPal Holdings    49    2,457 
PNC Financial Services Group   21    4,683 
Principal Financial Group   11    1,110 

 

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

205

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Progressive   31   $6,240 
Prudential Financial    18    1,766 
Raymond James Financial    9    1,425 
Regions Financial    46    1,313 
Robinhood Markets, Cl A *   41    2,988 
S&P Global    16    6,900 
State Street    15    2,293 
Synchrony Financial    19    1,448 
T Rowe Price Group   11    1,132 
Travelers    12    3,662 
Truist Financial   67    3,450 
US Bancorp   81    4,589 
W R Berkley   16    1,069 
Wells Fargo    165    13,568 
Willis Towers Watson PLC   5    1,281 
         303,023 
Health Care — 11.9%          
AbbVie   90    19,019 
Amgen    27    9,349 
Baxter International    26    457 
Becton Dickinson   15    2,236 
Biogen *   7    1,325 
Bio-Techne   8    442 
Boston Scientific *   75    4,321 
Bristol-Myers Squibb   104    6,301 
Cardinal Health   12    2,315 
Cencora   10    3,080 
Centene *   24    1,289 
Charles River Laboratories International *   3    501 
Cigna Group   14    4,068 
Cooper *   10    629 
CVS Health    65    5,414 
DaVita *   2    310 
Dexcom *   20    1,191 
Edwards Lifesciences *   30    2,505 
Elevance Health   11    4,141 
Eli Lilly   41    38,319 
Gilead Sciences    63    8,243 

 

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

206

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
HCA Healthcare   8   $3,476 
Henry Schein *   5    373 
Humana   6    1,419 
IDEXX Laboratories *   4    2,243 
Incyte *   8    762 
Insulet *   4    689 
Intuitive Surgical *   18    8,237 
Johnson & Johnson    123    28,271 
Labcorp Holdings    4    1,027 
McKesson    6    4,891 
Medtronic PLC   65    5,263 
Merck    126    13,757 
Moderna *   18    827 
Pfizer   289    7,716 
Quest Diagnostics    6    1,165 
Regeneron Pharmaceuticals    5    3,535 
ResMed   7    1,497 
Solventum *   8    539 
STERIS PLC    5    1,084 
Stryker    18    5,672 
Thermo Fisher Scientific   19    9,100 
UnitedHealth Group   46    17,042 
Universal Health Services, Cl B   3    505 
Vertex Pharmaceuticals *   13    5,556 
Zimmer Biomet Holdings   10    824 
Zoetis, Cl A   22    2,529 
         243,454 
Industrials — 11.6%          
A O Smith    7    433 
Allegion PLC    5    687 
AMETEK   13    3,061 
Automatic Data Processing   24    5,087 
Axon Enterprise *   5    2,009 
Boeing *   46    10,535 
Broadridge Financial Solutions    7    1,078 
Builders FirstSource *   6    475 
Carrier Global   46    3,090 
Caterpillar    27    24,033 

 

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

207

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
CH Robinson Worldwide   7   $1,273 
Cintas   20    3,494 
Comfort Systems USA    2    3,680 
Copart *   52    1,722 
CSX   108    4,906 
Cummins   8    5,368 
Deere    15    8,848 
Delta Air Lines    38    2,584 
Dover   8    1,811 
Eaton PLC   23    9,959 
EMCOR Group   3    2,675 
Equifax    7    1,218 
Fastenal   67    3,010 
FedEx    13    5,243 
Fortive    19    1,136 
Generac Holdings *   3    778 
General Dynamics   15    5,164 
Honeywell International    37    7,930 
Hubbell, Cl B    3    1,525 
Huntington Ingalls Industries   2    729 
Jacobs Solutions    7    906 
JB Hunt Transport Services    4    1,006 
Johnson Controls International PLC   36    5,257 
L3Harris Technologies    11    3,526 
Leidos Holdings   7    1,045 
Lennox International    2    1,070 
Lockheed Martin   12    6,216 
Masco    12    862 
Norfolk Southern    13    4,106 
Northrop Grumman   8    4,636 
Old Dominion Freight Line    11    2,337 
PACCAR   31    3,683 
Parker-Hannifin   7    6,366 
Paychex   19    1,760 
Pentair PLC   10    807 
Quanta Services   9    6,550 
Republic Services, Cl A   12    2,511 
Rockwell Automation   7    2,862 
Rollins    17    947 

 

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

208

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
RTX   78   $13,733 
Snap-On   3    1,150 
Southwest Airlines    30    1,138 
Stanley Black & Decker    9    703 
Textron   10    960 
Trane Technologies PLC    13    6,403 
TransDigm Group    3    3,480 
Union Pacific   35    9,432 
United Airlines Holdings *   19    1,710 
United Parcel Service, Cl B    43    4,678 
United Rentals    4    3,839 
Verisk Analytics, Cl A    8    1,476 
Waste Management   22    5,116 
WW Grainger    3    3,484 
Xylem   14    1,654 
         238,950 
Information Technology — 27.0%          
Adobe *   52    12,797 
Akamai Technologies *   18    1,854 
AppLovin, Cl A *   34    15,176 
Arista Networks *   128    22,107 
CDW    16    2,191 
Cisco Systems    489    44,743 
Cognizant Technology Solutions, Cl A    60    3,174 
Crowdstrike Holdings, Cl A *   31    13,818 
Datadog, Cl A *   40    5,288 
Dell Technologies, Cl C   37    7,731 
EPAM Systems *   7    796 
F5 *   7    2,267 
Fair Isaac *   3    3,075 
First Solar *   13    2,625 
Gartner *   9    1,336 
Gen Digital   69    1,331 
GoDaddy, Cl A *   17    1,475 
Intuit   35    13,597 
Micron Technology   139    71,885 
Microsoft    429    174,938 
Motorola Solutions    21    9,220 

 

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

209

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Oracle    209   $33,730 
Palantir Technologies, Cl A *   284    39,507 
Palo Alto Networks *   85    15,242 
Roper Technologies   13    4,613 
Salesforce   118    20,831 
ServiceNow *   129    11,392 
Skyworks Solutions    18    1,263 
Super Micro Computer *   62    1,699 
Teledyne Technologies *   6    3,875 
Trimble *   30    2,020 
Tyler Technologies *   5    1,706 
VeriSign    10    2,687 
Workday, Cl A *   27    3,305 
         553,294 
Materials — 1.2%          
CF Industries Holdings   9    1,118 
CRH PLC   39    4,619 
Ecolab   15    3,909 
International Paper   31    943 
Martin Marietta Materials   4    2,476 
Nucor   13    2,929 
Packaging Corp of America    5    1,067 
Sherwin-Williams    13    4,181 
Steel Dynamics   8    1,829 
Vulcan Materials   8    2,414 
         25,485 
Real Estate — 3.0%          
Alexandria Real Estate Equities    9    365 
American Tower    27    4,933 
AvalonBay Communities    8    1,464 
BXP    9    526 
Camden Property Trust    6    630 
CBRE Group, Cl A *   17    2,426 
CoStar Group *   25    865 
Crown Castle    25    2,219 
Digital Realty Trust    19    3,818 
Equity Residential    20    1,308 

 

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

210

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Essex Property Trust    4   $1,053 
Extra Space Storage    12    1,720 
Federal Realty Investment Trust    5    555 
Healthpeak Properties    40    647 
Host Hotels & Resorts    37    782 
Invitation Homes    33    949 
Iron Mountain    17    2,142 
Kimco Realty    39    922 
Mid-America Apartment Communities    7    904 
ProLogis    54    7,669 
Public Storage    9    2,722 
Realty Income    54    3,469 
Regency Centers    10    779 
SBA Communications, Cl A    6    1,327 
Simon Property Group    19    3,870 
UDR    17    618 
Ventas    27    2,372 
VICI Properties, Cl A    62    1,810 
Welltower    40    8,694 
Weyerhaeuser    42    1,030 
         62,588 
Utilities — 4.1%          
Alliant Energy    15    1,101 
Ameren    16    1,818 
American Electric Power   31    4,250 
American Water Works   11    1,413 
Atmos Energy   9    1,710 
CenterPoint Energy   38    1,659 
CMS Energy   18    1,381 
Consolidated Edison    21    2,341 
Constellation Energy   18    5,634 
Dominion Energy   50    3,225 
DTE Energy    12    1,820 
Duke Energy   45    5,830 
Edison International    22    1,529 
Entergy    26    3,066 
Evergy    13    1,077 
Eversource Energy   22    1,555 

 

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

211

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® U.S. Revenue Leaders ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — continued          
Exelon   59   $2,713 
FirstEnergy   30    1,426 
NextEra Energy    121    11,844 
NiSource    28    1,352 
NRG Energy   11    1,711 
PG&E    128    2,127 
Pinnacle West Capital   7    726 
PPL   43    1,610 
Public Service Enterprise Group    29    2,368 
Sempra   38    3,615 
Southern   64    6,189 
Vistra    19    2,999 
WEC Energy Group    19    2,241 
Xcel Energy   34    2,820 
         83,150 
TOTAL UNITED STATES        2,049,217 
TOTAL COMMON STOCK
(Cost $1,959,785)
        2,049,217 
TOTAL INVESTMENTS — 99.9%
(Cost $1,959,785)
       $2,049,217 

 

Percentages are based on Net Assets of $2,050,401.

 

*Non-income producing security.
Real Estate Investment Trust

 

As of April 30, 2026, 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.

212

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
NETHERLANDS — 0.1%          
Information Technology — 0.1%          
NXP Semiconductors    22   $6,459 
           
SWITZERLAND — 0.1%          
Information Technology — 0.1%          
TE Connectivity PLC   24    5,080 
           
UNITED STATES — 99.7%          
Communication Services — 11.0%          
Alphabet, Cl A    489    188,167 
Alphabet, Cl C   392    149,721 
AT&T    588    15,364 
Charter Communications, Cl A *   7    1,156 
Comcast, Cl A   301    8,139 
EchoStar, Cl A *   11    1,355 
Fox, Cl A   17    1,079 
Fox, Cl B   12    684 
Live Nation Entertainment *   13    2,053 
Meta Platforms, Cl A   184    112,591 
Netflix *   354    33,138 
News, Cl A    31    816 
News, Cl B   11    335 
Omnicom Group   26    1,995 
Paramount Skydance Corp, Cl B   26    266 
TKO Group Holdings, Cl A    6    1,117 
T-Mobile US   40    7,820 
Trade Desk, Cl A *   37    873 
Verizon Communications    354    17,003 
Walt Disney   149    15,459 
Warner Bros Discovery *   208    5,626 
         564,757 
Consumer Discretionary — 10.0%          
Airbnb, Cl A *   35    4,913 
Amazon.com *   814    215,759 
APTIV PLC *   18    1,085 
AutoZone *   1    3,704 
Best Buy    17    1,028 

 

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

213

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Booking Holdings   67   $11,280 
Carnival    96    2,545 
Carvana, Cl A *   12    4,750 
Chipotle Mexican Grill, Cl A *   108    3,671 
Darden Restaurants    10    2,006 
Deckers Outdoor *   12    1,226 
Domino’s Pizza   2    679 
DoorDash, Cl A *   31    5,228 
DR Horton   23    3,539 
eBay    37    3,829 
Expedia Group   10    2,484 
Ford Motor   326    3,938 
Garmin   13    3,265 
General Motors   76    5,844 
Genuine Parts    12    1,287 
Hasbro    11    1,054 
Hilton Worldwide Holdings    19    6,157 
Home Depot    83    27,290 
Lennar, Cl A    18    1,625 
Lowe’s   47    11,223 
Lululemon Athletica *   8    1,102 
Marriott International, Cl A   18    6,510 
McDonald’s    59    17,322 
NIKE, Cl B   100    4,436 
Norwegian Cruise Line Holdings *   38    691 
NVR *   1    6,316 
O’Reilly Automotive *   70    6,958 
Pool    2    427 
PulteGroup    16    1,958 
Ralph Lauren, Cl A    4    1,434 
Ross Stores   26    5,922 
Royal Caribbean Cruises    20    5,275 
Starbucks    95    10,006 
Tapestry    17    2,466 
Tesla *   234    89,301 
TJX   92    14,421 
Tractor Supply   44    1,544 
Ulta Beauty *   4    2,150 
Williams-Sonoma    10    1,812 

 

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

214

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Consumer Discretionary — continued          
Yum! Brands    23   $3,672 
         513,132 
Consumer Staples — 4.9%          
Archer-Daniels-Midland   47    3,503 
Bunge Global    13    1,652 
Church & Dwight    23    2,232 
Clorox   12    1,157 
Coca-Cola    379    29,850 
Colgate-Palmolive    79    6,744 
Conagra Brands    47    675 
Costco Wholesale    43    43,625 
Dollar General    22    2,549 
Dollar Tree *   18    1,748 
Estee Lauder, Cl A    24    1,841 
General Mills   52    1,836 
Hershey   14    2,600 
Hormel Foods   29    623 
J M Smucker    11    1,078 
Keurig Dr Pepper   133    3,910 
Kimberly-Clark    32    3,150 
Kraft Heinz   83    1,881 
Kroger   57    3,880 
McCormick    25    1,271 
Mondelez International, Cl A    125    7,680 
Monster Beverage *   70    5,395 
PepsiCo   133    21,079 
Procter & Gamble    227    33,390 
Sysco    47    3,511 
Target   44    5,709 
The Campbell’s Company   19    395 
Tyson Foods, Cl A   28    1,794 
Walmart    429    56,598 
         251,356 
Energy — 3.5%          
APA    30    1,222 
Baker Hughes, Cl A   83    5,783 
Chevron    156    30,156 

 

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

215

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Energy — continued          
ConocoPhillips    102   $12,830 
Coterra Energy    64    2,298 
Devon Energy   52    2,671 
Diamondback Energy   16    3,290 
EOG Resources    46    6,466 
EQT   52    3,124 
Expand Energy    20    2,043 
Exxon Mobil    348    53,707 
Halliburton    70    2,961 
Kinder Morgan    163    5,358 
Marathon Petroleum   24    5,959 
Occidental Petroleum    60    3,635 
ONEOK    53    4,900 
Phillips 66    34    6,091 
SLB    125    7,110 
Targa Resources   18    4,681 
Texas Pacific Land   5    2,218 
Valero Energy   25    6,315 
Williams   102    7,784 
         180,602 
Financials — 12.0%          
Aflac   41    4,660 
Allstate   23    4,997 
American Express   46    14,860 
American International Group    47    3,516 
Ameriprise Financial   8    3,798 
Aon PLC, Cl A    18    5,610 
Apollo Global Management   40    5,149 
Arch Capital Group *   31    2,928 
Ares Management, Cl A    18    2,113 
Arthur J Gallagher    22    4,541 
Assurant   5    1,181 
Bank of America   572    30,579 
Bank of New York Mellon   59    7,928 
Berkshire Hathaway, Cl B *   158    74,829 
Blackrock   12    12,787 
Blackstone   65    8,163 
Block, Cl A *   47    3,314 

 

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

216

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Brown & Brown    25   $1,504 
Capital One Financial   54    10,330 
CBOE Global Markets    10    3,001 
Charles Schwab    144    13,196 
Chubb    31    10,137 
Cincinnati Financial    13    2,127 
Citigroup   151    19,325 
Citizens Financial Group    37    2,407 
CME Group, Cl A    31    8,922 
Coinbase Global, Cl A *   19    3,568 
Corpay *   6    1,839 
Erie Indemnity, Cl A   2    438 
Everest Group   4    1,427 
FactSet Research Systems    4    910 
Fidelity National Information Services    44    2,047 
Fifth Third Bancorp    78    3,959 
Fiserv *   47    2,945 
Franklin Resources    26    779 
Global Payments   20    1,439 
Globe Life   7    1,080 
Goldman Sachs Group    26    24,018 
Hartford Financial Services Group    24    3,283 
Huntington Bancshares   175    2,933 
Interactive Brokers Group, Cl A   38    3,021 
Intercontinental Exchange    49    7,746 
Invesco   38    996 
Jack Henry & Associates    6    922 
JPMorgan Chase    233    72,983 
KeyCorp    80    1,769 
KKR    59    6,156 
Loews    14    1,577 
M&T Bank   13    2,842 
Marsh & McLennan   42    7,044 
Mastercard, Cl A   71    35,707 
MetLife   48    3,845 
Moody’s    13    6,004 
Morgan Stanley    103    19,631 
MSCI, Cl A    6    3,548 
Nasdaq   38    3,493 

 

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

217

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Financials — continued          
Northern Trust    16   $2,661 
PayPal Holdings    79    3,961 
PNC Financial Services Group   35    7,805 
Principal Financial Group   17    1,715 
Progressive   50    10,064 
Prudential Financial    30    2,943 
Raymond James Financial    16    2,533 
Regions Financial    74    2,113 
Robinhood Markets, Cl A *   68    4,957 
S&P Global    26    11,212 
State Street    24    3,668 
Synchrony Financial    30    2,286 
T Rowe Price Group   19    1,955 
Travelers    19    5,798 
Truist Financial   109    5,614 
US Bancorp   134    7,592 
Visa, Cl A   145    47,827 
W R Berkley   25    1,671 
Willis Towers Watson PLC    8    2,050 
         618,276 
Health Care — 8.3%          
Abbott Laboratories    265    24,059 
AbbVie   270    57,056 
Agilent Technologies   43    4,969 
Align Technology *   10    1,760 
Amgen    82    28,392 
Baxter International    78    1,371 
Becton Dickinson   43    6,409 
Biogen *   23    4,353 
Bio-Techne   24    1,328 
Boston Scientific *   226    13,020 
Cardinal Health   36    6,944 
Cencora   30    9,240 
Charles River Laboratories International *   7    1,169 
Cigna Group   40    11,623 
Cooper *   30    1,887 
CVS Health    194    16,158 
Danaher   96    17,179 

 

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

218

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Health Care — continued          
DaVita *   5   $776 
Dexcom *   59    3,513 
Edwards Lifesciences *   89    7,432 
Elevance Health   34    12,798 
GE HealthCare Technologies    70    4,259 
Gilead Sciences    190    24,860 
Henry Schein *   16    1,193 
Humana   18    4,256 
IDEXX Laboratories *   12    6,730 
Incyte *   25    2,382 
Insulet *   11    1,894 
Intuitive Surgical *   54    24,711 
IQVIA Holdings *   26    4,118 
Labcorp Holdings    13    3,338 
McKesson    19    15,489 
Medtronic PLC   196    15,870 
Mettler-Toledo International *   3    3,830 
Quest Diagnostics    17    3,301 
ResMed   23    4,918 
Revvity    17    1,473 
Solventum *   23    1,549 
STERIS PLC    14    3,036 
Stryker    53    16,702 
Thermo Fisher Scientific   58    27,780 
Viatris    175    2,615 
Waters *   14    4,329 
West Pharmaceutical Services   11    3,273 
Zimmer Biomet Holdings   30    2,473 
Zoetis, Cl A    65    7,473 
         423,288 
Industrials — 9.0%          
3M   50    7,326 
A O Smith    11    680 
Allegion PLC    8    1,100 
AMETEK   22    5,181 
Automatic Data Processing   38    8,054 
Axon Enterprise *   7    2,812 
Boeing *   74    16,948 

 

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

219

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Broadridge Financial Solutions    11   $1,694 
Builders FirstSource *   11    870 
Carrier Global   74    4,971 
Caterpillar    44    39,165 
CH Robinson Worldwide   11    2,000 
Cintas   32    5,591 
Comfort Systems USA    3    5,521 
Copart *   84    2,781 
CSX   176    7,996 
Cummins   13    8,723 
Deere    24    14,157 
Delta Air Lines    61    4,147 
Dover   13    2,943 
Eaton PLC   37    16,021 
EMCOR Group   5    4,458 
Emerson Electric   53    7,443 
Equifax    11    1,913 
Expeditors International of Washington    13    1,923 
Fastenal   109    4,897 
FedEx    20    8,066 
Fortive    30    1,794 
GE Aerospace   100    28,993 
GE Vernova   25    27,087 
Generac Holdings *   6    1,555 
Honeywell International    60    12,860 
Howmet Aerospace    38    9,236 
Hubbell, Cl B    5    2,541 
Huntington Ingalls Industries   4    1,457 
IDEX    7    1,525 
Illinois Tool Works   25    6,450 
Ingersoll Rand    34    2,715 
Jacobs Solutions    11    1,424 
JB Hunt Transport Services    7    1,761 
Johnson Controls International PLC   58    8,470 
Leidos Holdings   12    1,791 
Lennox International    4    2,140 
Masco    19    1,365 
Nordson    5    1,442 
Norfolk Southern    22    6,948 

 

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

220

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Old Dominion Freight Line    18   $3,824 
Otis Worldwide   37    2,882 
PACCAR   49    5,821 
Parker-Hannifin   12    10,913 
Paychex   30    2,779 
Pentair PLC   16    1,291 
Quanta Services   14    10,189 
Republic Services, Cl A   19    3,975 
Rockwell Automation   11    4,498 
Rollins    28    1,560 
Snap-On   5    1,917 
Southwest Airlines    47    1,782 
Stanley Black & Decker    14    1,094 
Textron   17    1,631 
Trane Technologies PLC    20    9,851 
TransDigm Group    5    5,800 
Uber Technologies *   195    14,549 
Union Pacific   56    15,091 
United Airlines Holdings *   31    2,790 
United Parcel Service, Cl B    70    7,616 
United Rentals    6    5,759 
Veralto    24    2,117 
Verisk Analytics, Cl A    13    2,398 
Vertiv Holdings, Cl A    36    11,826 
Waste Management   35    8,139 
Westinghouse Air Brake Technologies   16    4,318 
WW Grainger    4    4,645 
Xylem   23    2,718 
         460,708 
Information Technology — 34.9%          
Accenture PLC, Cl A   52    9,293 
Adobe *   35    8,614 
Advanced Micro Devices *   137    48,565 
Akamai Technologies *   12    1,236 
Amphenol, Cl A   103    15,169 
Analog Devices    41    16,493 
Apple   1,228    333,218 
Applied Materials    66    26,036 

 

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

221

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
AppLovin, Cl A *   23   $10,266 
Arista Networks *   86    14,853 
Autodesk *   18    4,266 
Broadcom   396    165,302 
Cadence Design Systems *   23    7,581 
CDW    11    1,506 
Ciena *   12    6,331 
Cisco Systems    330    30,195 
Cognizant Technology Solutions, Cl A    40    2,116 
Coherent *   16    5,115 
Corning   65    10,676 
Crowdstrike Holdings, Cl A *   22    9,807 
Datadog, Cl A *   28    3,701 
Dell Technologies, Cl C   25    5,224 
EPAM Systems *   5    569 
F5 *   5    1,620 
Fair Isaac *   2    2,050 
First Solar *   8    1,615 
Fortinet *   53    4,468 
Gartner *   6    891 
Gen Digital   46    887 
GoDaddy, Cl A *   11    955 
Hewlett Packard Enterprise   112    3,222 
HP    77    1,606 
Intel *   392    37,036 
International Business Machines   78    18,016 
Intuit   23    8,936 
Jabil    8    2,700 
Keysight Technologies *   14    4,899 
KLA   11    19,254 
Lam Research   104    26,817 
Lumentum Holdings *   6    5,414 
Microchip Technology    46    4,274 
Micron Technology   94    48,613 
Microsoft    621    253,231 
Monolithic Power Systems    4    6,458 
Motorola Solutions    14    6,146 
NetApp    17    1,883 
NVIDIA    2,032    405,526 

 

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

222

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
ON Semiconductor *   32   $3,226 
Oracle    142    22,917 
Palantir Technologies, Cl A *   191    26,570 
Palo Alto Networks *   67    12,014 
PTC *   10    1,363 
QUALCOMM    89    15,983 
Roper Technologies   8    2,838 
Salesforce   78    13,769 
SANDISK *   12    13,158 
Seagate Technology Holdings   18    12,126 
ServiceNow *   88    7,771 
Skyworks Solutions    12    842 
Super Micro Computer *   42    1,151 
Synopsys *   16    7,722 
Teledyne Technologies *   4    2,583 
Teradyne    13    4,465 
Texas Instruments    76    21,362 
Trimble *   20    1,346 
Tyler Technologies *   4    1,365 
VeriSign    7    1,881 
Western Digital   29    12,601 
Workday, Cl A *   18    2,203 
Zebra Technologies, Cl A *   4    905 
         1,792,810 
Materials — 1.9%          
Air Products & Chemicals    18    5,401 
Albemarle    10    1,967 
Amcor PLC    38    1,446 
Avery Dennison    6    984 
Ball   22    1,344 
CF Industries Holdings   13    1,615 
Corteva    55    4,456 
CRH PLC   55    6,513 
Dow   60    2,429 
DuPont de Nemours   34    1,552 
Ecolab   22    5,733 
Freeport-McMoRan    119    6,876 
International Flavors & Fragrances    22    1,544 

 

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

223

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Materials — continued          
International Paper   43   $1,308 
Linde PLC   38    19,043 
LyondellBasell Industries, Cl A   22    1,641 
Martin Marietta Materials   5    3,095 
Mosaic    26    605 
Newmont    90    9,998 
Nucor   19    4,281 
Packaging Corp of America    7    1,494 
PPG Industries   18    1,953 
Sherwin-Williams    19    6,111 
Smurfit WestRock PLC   43    1,651 
Steel Dynamics   11    2,515 
Vulcan Materials   11    3,319 
         98,874 
Real Estate — 1.9%          
American Tower    42    7,674 
AvalonBay Communities    13    2,379 
BXP    13    760 
Camden Property Trust    10    1,050 
CBRE Group, Cl A *   26    3,711 
CoStar Group *   38    1,315 
Crown Castle    40    3,551 
Digital Realty Trust    29    5,827 
Equinix    8    8,663 
Equity Residential    31    2,027 
Essex Property Trust    6    1,579 
Extra Space Storage    19    2,723 
Federal Realty Investment Trust    7    776 
Host Hotels & Resorts    58    1,226 
Invitation Homes    50    1,438 
Iron Mountain    26    3,276 
Kimco Realty    60    1,418 
Mid-America Apartment Communities    11    1,421 
ProLogis    84    11,930 
Public Storage    14    4,234 
Realty Income    83    5,332 
Regency Centers    14    1,090 
SBA Communications, Cl A    10    2,212 

 

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

224

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Real Estate — continued          
Simon Property Group    29   $5,908 
UDR    28    1,018 
Welltower    62    13,475 
Weyerhaeuser    65    1,594 
         97,607 
Utilities — 2.3%          
AES    59    853 
Alliant Energy    22    1,615 
Ameren    23    2,614 
American Electric Power   44    6,033 
American Water Works   16    2,055 
Atmos Energy   13    2,470 
CenterPoint Energy   54    2,357 
CMS Energy   25    1,918 
Consolidated Edison    30    3,345 
Constellation Energy   25    7,825 
Dominion Energy   71    4,580 
DTE Energy    17    2,579 
Duke Energy   64    8,291 
Edison International    31    2,154 
Entergy    37    4,363 
Evergy    19    1,574 
Eversource Energy   31    2,192 
Exelon   84    3,863 
FirstEnergy   43    2,043 
NextEra Energy    172    16,835 
NiSource    40    1,931 
NRG Energy   18    2,800 
PG&E    181    3,008 
Pinnacle West Capital   10    1,037 
PPL   61    2,284 
Public Service Enterprise Group    41    3,348 
Sempra   54    5,136 
Southern   91    8,800 
Vistra    26    4,104 
WEC Energy Group    26    3,066 

 

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

225

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X S&P 500® Christian Values ETF

 

   Shares   Value 
COMMON STOCK — continued          
Utilities — continued          
Xcel Energy   49   $4,065 
         119,138 
TOTAL UNITED STATES        5,120,548 
TOTAL COMMON STOCK
(Cost $4,837,492)
        5,132,087 
TOTAL INVESTMENTS — 99.9%
(Cost $4,837,492)
       $5,132,087 

 

Percentages are based on Net Assets of $5,135,391.

 

* Non-income producing security.
Real Estate Investment Trust

 

As of April 30, 2026, 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.

226

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NYSE® 100 ETF

 

   Shares   Value 
COMMON STOCK — 99.9%          
AUSTRALIA — 0.1%          
Information Technology — 0.1%          
IREN *   45   $2,048 
           
BRAZIL — 0.4%          
Consumer Discretionary — 0.4%          
MercadoLibre *   7    12,548 
           
CANADA — 0.9%          
Information Technology — 0.9%          
Celestica *   17    6,963 
D-Wave Quantum *   54    1,095 
Shopify, Cl A *   180    21,804 
           
TOTAL CANADA        29,862 
CHINA — 1.9%          
Consumer Discretionary — 1.9%          
Alibaba Group Holding ADR   352    46,422 
PDD Holdings ADR *   204    20,375 
           
TOTAL CHINA        66,797 
GERMANY — 0.8%          
Information Technology — 0.8%          
SAP ADR   168    28,474 
           
NETHERLANDS — 2.5%          
Information Technology — 2.5%          
ASML Holding   57    82,022 
Nebius Group, Cl A *   30    4,147 
           
TOTAL NETHERLANDS        86,169 
SINGAPORE — 0.2%          
Consumer Discretionary — 0.2%          
Sea ADR *   84    7,130 

 

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

227

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NYSE® 100 ETF

 

   Shares   Value 
COMMON STOCK — continued          
SWITZERLAND — 0.3%          
Information Technology — 0.3%          
TE Connectivity PLC   43   $9,101 
           
TAIWAN — 3.9%          
Information Technology — 3.9%          
Taiwan Semiconductor Manufacturing ADR   343    135,849 
           
UNITED STATES — 88.9%          
Communication Services — 14.1%          
Alphabet, Cl A    410    157,768 
Alphabet, Cl C   356    135,971 
Electronic Arts   33    6,678 
Meta Platforms, Cl A   162    99,129 
Netflix *   619    57,945 
Reddit, Cl A *   20    2,945 
ROBLOX, Cl A *   90    4,973 
Spotify Technology *   22    9,824 
Take-Two Interactive Software *   25    5,344 
TKO Group Holdings, Cl A    9    1,675 
         482,252 
Consumer Discretionary — 9.4%          
Airbnb, Cl A *   60    8,422 
Amazon.com *   686    181,831 
Booking Holdings   117    19,698 
DoorDash, Cl A *   52    8,770 
Garmin   24    6,027 
Tesla *   261    99,605 
         324,353 
Financials — 4.2%          
Affirm Holdings, Cl A *   42    2,700 
Mastercard, Cl A   120    60,351 
Visa, Cl A   248    81,800 
         144,851 
Industrials — 1.4%          
Rocket Lab *   84    6,931 

 

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

228

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NYSE® 100 ETF

 

   Shares   Value 
COMMON STOCK — continued          
Industrials — continued          
Uber Technologies *   291   $21,711 
Vertiv Holdings, Cl A    55    18,067 
         46,709 
Information Technology — 59.8%          
Adobe *   60    14,766 
Advanced Micro Devices *   240    85,078 
Amphenol, Cl A   180    26,509 
Analog Devices    72    28,963 
Apple   1,035    280,847 
Applied Materials    117    46,155 
AppLovin, Cl A *   33    14,730 
Arista Networks *   153    26,425 
ARM Holdings PLC ADR *   21    4,417 
Astera Labs *   21    4,090 
Atlassian, Cl A *   24    1,646 
Autodesk *   31    7,347 
BitMine Immersion Technologies    63    1,348 
Broadcom   328    136,917 
Cadence Design Systems *   40    13,184 
Ciena *   21    11,079 
Cipher Digital *   52    922 
Circle Internet Group, Cl A *   24    2,181 
Cisco Systems    582    53,253 
Cloudflare, Cl A *   46    9,429 
Coherent *   26    8,312 
Corning   117    19,216 
Credo Technology Group Holding *   24    4,176 
Crowdstrike Holdings, Cl A *   36    16,047 
Datadog, Cl A *   48    6,345 
Dell Technologies, Cl C   46    9,612 
Fair Isaac *   3    3,075 
Figma, Cl A *   27    478 
First Solar *   15    3,028 
Fortinet *   90    7,588 
Intel *   623    58,861 
International Business Machines   138    31,875 
Intuit   40    15,540 
IonQ *   54    2,436 

 

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

229

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NYSE® 100 ETF

 

   Shares   Value 
COMMON STOCK — continued          
Information Technology — continued          
Keysight Technologies *   25   $8,748 
KLA   19    33,257 
Lam Research   184    47,446 
Lumentum Holdings *   10    9,023 
MACOM Technology Solutions Holdings *   10    2,816 
Marvell Technology    129    21,304 
Micron Technology   166    85,849 
Microsoft    516    210,414 
MongoDB, Cl A *   12    3,010 
Monolithic Power Systems    7    11,301 
Motorola Solutions    24    10,537 
NVIDIA    1,650    329,290 
Ondas *   66    663 
Oracle    252    40,670 
Palantir Technologies, Cl A *   324    45,072 
Palo Alto Networks *   120    21,518 
QUALCOMM    157    28,194 
Roper Technologies   15    5,322 
Salesforce   135    23,832 
Samsara, Cl A *   51    1,466 
SANDISK *   21    23,027 
Seagate Technology Holdings   32    21,556 
ServiceNow *   153    13,511 
Snowflake, Cl A *   48    6,551 
Strategy, Cl A *   46    7,611 
Synopsys *   27    13,030 
Teradyne    23    7,900 
Texas Instruments    134    37,665 
Western Digital   50    21,726 
Workday, Cl A *   30    3,672 
Zscaler *   15    1,960 
         2,053,816 
TOTAL UNITED STATES        3,051,981 
TOTAL COMMON STOCK
(Cost $3,260,392)
        3,429,959 

 

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

230

 

Schedule of Investments April 30, 2026 (Unaudited)
Global X NYSE® 100 ETF

 

   Face Amount   Value 
U.S TREASURY OBLIGATION — 9.9%          
U.S. Treasury Bill
3.612%, 06/02/2026(A)
  $340,000   $338,914 
TOTAL U.S TREASURY OBLIGATION
(Cost $339,047)
   340,000    338,914 
TOTAL INVESTMENTS — 109.8%
(Cost $3,599,439)
       $3,768,873 

 

Percentages are based on Net Assets of $3,431,879.

 

* Non-income producing security.
(A) Interest rate represents the security’s effective yield at the time of purchase.

 

The following is a summary of the level of inputs used as of April 30, 2026, in valuing the Fund’s investments carried at value:

 

Investments in Securities  Level 1   Level 2   Level 3   Total 
Common Stock  $3,429,959   $   $   $3,429,959 
U.S Treasury Obligation       338,914        338,914 
Total Investments in Securities  $3,429,959   $338,914   $   $3,768,873 

 

See “Glossary” for abbreviations.

 

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

231

 

Schedule of Investments April 30, 2026 (Unaudited)
Glossary (abbreviations which may be used in preceding Schedules of Investments):

 

Fund Abbreviations

ADR — American Depositary Receipt

Cl — Class

CME — Chicago Mercantile Exchange

ETF — Exchange-Traded Fund

GDR — Global Depositary Receipt

H15T5Y — U.S. Treasury Yield Curve Rate T Note Constant Maturity 5 Year

NVDR — Non-Voting Depositary Receipt

PJSC — Public Joint-Stock Company

PLC — Public Limited Company

REIT — Real Estate Investment Trust

S&P— Standard & Poor’s

SOFR — Secured Overnight Financing Rate

TSFR3M — Term Secured Overnight Financing Rate 3 Month

USD — U.S. Dollar

US0003M — 3 Month USD Swap Rate

 

232

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

  Global X Lithium
 & Battery Tech
ETF
   Global X
SuperDividend®
ETF
   Global X Social
Media ETF
   Global X Guru®
Index ETF
 
Assets:                
Cost of Investments  $1,326,222,909   $1,224,472,291   $130,037,086   $55,283,967 
Cost of Repurchase Agreement   12,574,445    52,656,155    7,339,730     
Cost (Proceeds) of Foreign Currency   273,405             
Investments, at Value  $2,048,018,377  $1,264,012,113  $91,902,784  $59,255,540
Repurchase Agreement, at Value   12,574,445    52,656,155    7,339,730     
Cash       2,530,001    88,878    19,542 
Foreign Currency, at Value   273,751             
Receivable for Investment Securities Sold   205,841,466        7,315,634     
Receivable for Capital Shares Sold   84,238,163             
Dividend, Interest, and Securities Lending Income Receivable   975,720    7,757,745    63,019    24,053 
Reclaim Receivable   179,218    736,356    11,202    1,033 
Unrealized Appreciation on Spot Contracts   117,692             
Cash pledged as collateral on Futures Contracts       361,260         
Receivable for Variation Margin on Futures Contracts       151,850         
Total Assets   2,352,218,832    1,328,205,480    106,721,247    59,300,168 
Liabilities:                    
Obligation to Return Securities Lending Collateral   12,574,445    52,656,155    7,339,730    880,926 
Payable for Investment Securities Purchased   128,157,173        7,092,168     
Payable for Capital Shares Redeemed   87,059,723             
Payable due to Investment Adviser   1,145,548    602,033    49,331    35,348 
Overdraft of Foreign Currency       19,330         
Unrealized Depreciation on Spot Contracts           403     
Due to Custodian   76,356,949             
Custodian Fees Payable   20,839    70    2     
Total Liabilities   305,314,677    53,277,588    14,481,634    916,274 
Net Assets  $2,046,904,155   $1,274,927,892   $92,239,613   $58,383,894 
Net Assets Consist of:                    
Paid-in Capital  $2,411,791,178   $2,082,736,427   $261,014,582   $71,158,197 
Total Accumulated Losses   (364,887,023)   (807,808,535)   (168,774,969)   (12,774,303)
Net Assets  $2,046,904,155   $1,274,927,892   $92,239,613   $58,383,894 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   23,514,628    49,039,412    2,010,000    910,000 
Net Asset Value, Offering and Redemption Price Per Share  $87.05   $26.00   $45.89   $64.16 

 

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

233

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X Lithium
 & Battery Tech
ETF
   Global X
SuperDividend®
ETF
   Global X Social
Media ETF
   Global X Guru®
Index ETF
 
*Includes Market Value of Securities on Loan  $25,359,353  $67,587,287  $8,182,543  $870,755 

 

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

 

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

234

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

  Global X
SuperIncome®
Preferred ETF
   Global X
SuperDividend®
U.S. ETF
   Global X MSCI
SuperDividend®
Emerging
Markets ETF
   Global X
SuperDividend®
REIT ETF
 
Assets:                
Cost of Investments  $130,266,329   $663,390,236   $40,991,309   $222,178,585 
Cost of Repurchase Agreement       13,750,309    1,160,596     
Investments, at Value  $131,680,618  $748,456,178  $45,643,239  $234,980,368 
Repurchase Agreement, at Value       13,750,309    1,160,596     
Cash   257,407    702,686        1,217,907 
Foreign Currency, at Value           311,636     
Receivable for Investment Securities Sold   26,955,719        30,944    1,410,400 
Receivable for Capital Shares Sold   17,266,302    585,345         
Dividend, Interest, and Securities Lending Income Receivable   92,595    1,907,850    384,678    569,458 
Reclaim Receivable       5,320    5,203    65,624 
Cash pledged as collateral on Futures Contracts           16,075     
Receivable for Variation Margin on Futures Contracts           1,540    23,450 
Total Assets   176,252,641    765,407,688    47,553,911    238,267,207 
Liabilities:                    
Obligation to Return Securities Lending Collateral   2,301,600    13,750,309    1,160,596     
Payable for Investment Securities Purchased   26,378,248    584,852        1,394,834 
Payable for Capital Shares Redeemed   17,461,229             
Payable due to Investment Adviser   50,338    269,317    25,824    108,351 
Accrued Foreign Capital Gains Tax on Appreciated Securities           187,486     
Payable for Variation Margin on Futures Contracts               28 
Unrealized Depreciation on Spot Contracts           298     
Cash Overdraft           221,760     
Due to Custodian   764        16,075    1,035 
Total Liabilities   46,192,179    14,604,478    1,612,039    1,504,248 
Net Assets  $130,060,462   $750,803,210   $45,941,872   $236,762,959 
Net Assets Consist of:                    
Paid-in Capital  $241,427,558   $940,176,463   $66,843,363   $515,960,147 
Total Accumulated Losses   (111,367,096)   (189,373,253)   (20,901,491)   (279,197,188)
Net Assets  $130,060,462   $750,803,210   $45,941,872   $236,762,959 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   13,780,000    38,480,000    1,409,181    10,439,193 
Net Asset Value, Offering and Redemption Price Per Share  $9.44  $19.51   $32.60   $22.68 

 

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

235

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X
SuperIncome®
Preferred ETF
   Global X
SuperDividend®
U.S. ETF
   Global X MSCI
SuperDividend®
Emerging
Markets ETF
   Global X
SuperDividend®
REIT ETF
 
*Includes Market Value of Securities on Loan  $2,264,245   $23,057,670   $1,097,906   $ 

 

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

 

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

236

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X
Renewable
Energy Producers
ETF
   Global X S&P
500® Catholic
Values ETF
   Global X MSCI
SuperDividend®
EAFE ETF
   Global X
E-commerce ETF
 
Assets:                    
Cost of Investments  $42,719,218   $811,564,996   $40,156,682   $37,946,080 
Cost of Repurchase Agreement   578,854            273,605 
Cost (Proceeds) of Foreign Currency   (818)       87,755     
Investments, at Value  $31,038,127*  $1,211,391,113*  $47,483,273   $29,229,305*
Repurchase Agreement, at Value   578,854            273,605 
Cash       2,128,514    43,162    7,398 
Foreign Currency, at Value           87,762     
Dividend, Interest, and Securities Lending Income Receivable   111,762    464,283    213,062    5,367 
Reclaim Receivable   96,165    4,313    111,114     
Receivable for Variation Margin on Futures Contracts           7,060     
Total Assets   31,824,908     1,213,988,223    47,945,433    29,515,675 
Liabilities:                    
Obligation to Return Securities Lending Collateral   578,854    373,495        273,605 
Payable due to Investment Adviser   16,150    276,948    19,516    11,893 
Unrealized Depreciation on Spot Contracts   1        263     
Custodian Fees Payable           5    11 
Due to Broker   27,208             
Total Liabilities   622,213    650,443    19,784    285,509 
Net Assets  $31,202,695   $1,213,337,780   $47,925,649   $29,230,166 
Net Assets Consist of:                    
Paid-in Capital  $66,338,063   $816,362,030   $41,299,790   $80,946,061 
Total Distributable Earnings (Accumulated Losses)   (35,135,368)   396,975,750    6,625,859    (51,715,895)
Net Assets  $31,202,695   $1,213,337,780   $47,925,649   $29,230,166 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   806,549    14,040,000    2,190,000    1,030,002 
Net Asset Value, Offering and Redemption Price Per Share  $38.69   $86.42   $21.88   $28.38 
*Includes Market Value of Securities on Loan  $   $372,118   $   $494,924 

 

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

 

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

237

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X S&P
Catholic Values
Developed ex-
U.S. ETF
   Global X
NASDAQ 100®
Tail Risk ETF
   Global X
NASDAQ 100®
Collar 95-110
ETF
   Global X S&P
500® Tail Risk
ETF
 
Assets:                    
Cost of Investments  $40,508,486   $2,514,382   $3,459,948   $2,730,082 
Investments, at Value  $45,340,906   $3,215,716   $4,200,835   $3,564,630 
Cash   57,947    4,311    4,462    3,017 
Foreign Currency, at Value   8,654             
Dividend, Interest, and Securities Lending Income Receivable   157,689    74    109    1,361 
Reclaim Receivable   47,828    5    11    12 
Receivable for Investment Securities Sold   18,276             
Receivable for Capital Shares Sold       321,790         
Total Assets   45,631,300    3,541,896    4,205,417    3,569,020 
Liabilities:                    
Payable for Investment Securities Purchased   18,404    323,017         
Payable due to Investment Adviser   12,793    562    794    652 
Unrealized Depreciation on Spot Contracts   13             
Options Written at Value (Premiums received $–, $–, $37,568 and $–,  respectively)           230,670     
Custodian Fees Payable   65             
Total Liabilities   31,275    323,579    231,464    652 
Net Assets  $45,600,025   $3,218,317   $3,973,953   $3,568,368 
Net Assets Consist of:                    
Paid-in Capital  $41,735,639   $3,189,288   $4,046,582   $3,465,585 
Total Distributable Earnings (Accumulated Losses)   3,864,386    29,029    (72,629)   102,783 
Net Assets  $45,600,025   $3,218,317   $3,973,953   $3,568,368 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   1,170,000    100,000    140,000    130,000 
Net Asset Value, Offering and Redemption Price Per Share  $38.97   $32.18   $28.39   $27.45 

 

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

 

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

238

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X S&P
500® Collar 95-
110 ETF
   Global X Rare
Earth & Critical
Materials ETF
   Global X Russell
2000 ETF
   Global X U.S.
Electrification
ETF
 
Assets:                    
Cost of Investments  $2,725,534   $39,522,652   $1,244,187,413   $391,376,537 
Cost (Proceeds) of Foreign Currency       (548)        
Investments, at Value  $3,327,216   $43,255,796   $1,448,907,140*  $443,428,629 
Cash   1,463        5,206,011    223,125 
Dividend, Interest, and Securities Lending Income Receivable   1,343    67,399    598,300    86,059 
Reclaim Receivable   12    6,251    20,296    5,557 
Receivable for Capital Shares Sold               26,452,448 
Receivable for Investment Securities Sold               33,682,357 
Cash pledged as collateral on Futures Contracts           541,958     
Receivable for Variation Margin on Futures Contracts           137,977     
Total Assets   3,330,034    43,329,446     1,455,411,682    503,878,175 
Liabilities:                   
Obligation to Return Securities Lending Collateral           28,299,409     
Options Written at Value (Premiums received $12,670, $–, $– and $–,  respectively)   79,038             
Payable due to Investment Adviser   652    19,855    94,591    166,058 
Payable for Capital Shares Redeemed 1                19,786,953 
Payable for Investment Securities Purchased               39,942,044 
Cash Overdraft       46,640         
Custodian Fees Payable       624    1,688     
Total Liabilities   79,691    67,119    28,395,688    59,895,055 
Net Assets  $3,250,343   $43,262,327   $1,427,015,994   $443,983,120 
Net Assets Consist of:                    
Paid-in Capital  $3,251,800   $39,857,824   $1,125,370,593   $380,831,021 
Total Distributable Earnings (Accumulated Losses)   (1,457)   3,404,503    301,645,401    63,152,099 
Net Assets  $3,250,343   $43,262,327   $1,427,015,994   $443,983,120 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   120,000    1,350,000    13,110,000    12,790,000 
Net Asset Value, Offering and Redemption Price Per Share  $27.09   $32.05   $108.85   $34.71 

 

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

 

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

239

 

Statements of Assets and Liabilities

April 30, 2026 (Unaudited)

 

 

   Global X S&P
500® U.S. Market
Leaders Top 50
ETF
   Global X S&P
500® U.S.
Revenue Leaders
ETF
   Global X S&P
500® Christian
Values ETF
   Global X NYSE®
100 ETF
 
Assets:                    
Cost of Investments  $1,739,812   $1,959,785   $4,837,492   $3,599,439 
Investments, at Value  $1,644,480   $2,049,217   $5,132,087   $3,768,873 
Cash   2,404    173    2,060    2,010 
Dividend, Interest, and Securities Lending Income Receivable   1,782    1,321    2,338    157 
Reclaim Receivable       1    16     
Total Assets   1,648,666    2,050,712    5,136,501    3,771,040 
Liabilities:                    
Payable due to Investment Adviser   384    311    1,110    114 
Payable for Investment Securities Purchased               339,047 
Total Liabilities   384    311    1,110    339,161 
Net Assets  $1,648,282  $2,050,401   $5,135,391 $3,431,879 
Net Assets Consist of:                    
Paid-in Capital  $1,720,781  $1,917,968  $4,838,029  $3,261,382 
Total Distributable Earnings (Accumulated Losses)   (72,499)   132,433    297,362    170,497 
Net Assets  $1,648,282  $2,050,401  $5,135,391  $3,431,879 
Outstanding Shares of Beneficial Interest
(unlimited authorization — no par value)
   60,000    70,000    60,000    30,000 
Net Asset Value, Offering and Redemption Price Per Share  $27.47   $29.29   $85.59   $114.40 

 

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

 

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

240

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X
Lithium &
Battery Tech
ETF
   Global X
SuperDividend®
ETF
   Global X Social
Media ETF
   Global X Guru®
Index ETF
 
Investment Income:                
Dividend Income  $13,353,287   $42,065,714   $442,226   $171,153 
Interest Income   37,582    60,074    931    1,905 
Security Lending Income, Net   909,931    325,842    37,360    6,669 
Reclaim Income   53,282             
Less: Foreign Taxes Withheld   (322,225)   (2,165,409)   (33,381)   (2,312)
Total Investment Income   14,031,857    40,286,221    447,136    177,415 
                     
Expenses:                    
Supervision and Administration Fees(1)   5,995,495    3,343,685    383,528    212,443 
Custodian Fees(2)   24,249    5,438    1,040    121 
Total Expenses   6,019,744    3,349,123    384,568    212,564 
Waiver of Supervision and Administration Fees       (6,104)        
Net Expenses   6,019,744    3,343,019    384,568    212,564 
Net Investment Income (Loss)   8,012,113    36,943,202    62,568    (35,149)
                     
Net Realized Gain (Loss) on:                    
Investments(3)   93,573,671    96,915,416    3,134,565    7,330,436 
Futures Contracts       181,008         
Foreign Currency Transactions   (108,626)   (842,044)   (4,518)    
Net Realized Gain (Loss)   93,465,045    96,254,380    3,130,047    7,330,436 
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   475,251,968    15,427,488    (30,584,640)   (4,148,074)
Futures Contracts       191,937         
Foreign Currency Translations   124,360    130,243    194     
Net Change in Unrealized Appreciation (Depreciation)   475,376,328    15,749,668    (30,584,446)   (4,148,074)
Net Realized and Unrealized Gain (Loss)   568,841,373    112,004,048    (27,454,399)   3,182,362 
Net Increase (Decrease) in Net Assets Resulting from Operations  $576,853,486   $148,947,250   $(27,391,831)  $3,147,213 
   
(1) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.)
(2) See Note 2 in the Notes to Financial Statements.
(3) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

241

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X
SuperIncome®
Preferred ETF
   Global X
SuperDividend®
U.S. ETF
   Global X MSCI
 SuperDividend®
 Emerging
Markets ETF
   Global X
SuperDividend®
 REIT ETF
 
Investment Income:                
Dividend Income  $4,279,014   $18,823,773   $1,117,061   $8,649,659 
Interest Income   4,184    14,595    1,255    8,073 
Security Lending Income, Net   5,392    71,063    7,317     
Less: Foreign Taxes Withheld       (191,090)   (122,320)   (65,106)
Total Investment Income   4,288,590    18,718,341    1,003,313    8,592,626 
                     
Expenses:                    
Supervision and Administration Fees(1)   310,615    1,536,196    144,986    621,138 
Custodian Fees(2)   2,204    8,966    779    7,929 
Total Expenses   312,819    1,545,162    145,765    629,067 
Net Investment Income   3,975,771    17,173,179    857,548    7,963,559 
                     
Net Realized Gain (Loss) on:                    
Investments(3)   5,921,495    9,251,200    2,522,921    6,953,109 
Futures Contracts           2,195    30,016 
Foreign Currency Transactions           (9,058)   (16,000)
Foreign Capital Gains Tax           (5,081)    
Net Realized Gain (Loss)   5,921,495    9,251,200    2,510,977    6,967,125 
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   (1,749,357)   86,804,440    2,686,606    4,695,994 
Futures Contracts           (7,600)   132,408 
Foreign Capital Gains Tax on                    
Appreciated Securities           (111,181)    
Foreign Currency Translations           6,765    (3,822)
Net Change in Unrealized Appreciation (Depreciation)   (1,749,357)   86,804,440    2,574,590    4,824,580 
Net Realized and Unrealized Gain (Loss)   4,172,138    96,055,640    5,085,567    11,791,705 
Net Increase in Net Assets Resulting from Operations  $8,147,909  $113,228,819  $5,943,115  $19,755,264 
   
(1) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.) 
(2) See Note 2 in the Notes to Financial Statements.
(3) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

242

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X
 Renewable
 Energy
Producers ETF
   Global X S&P
500® Catholic
Values ETF
   Global X MSCI
SuperDividend®
EAFE ETF
   Global X
E-commerce
ETF
 
Investment Income:                
Dividend Income  $383,145   $6,265,321   $968,848   $169,241 
Interest Income   284    12,108    934    490 
Security Lending Income, Net   4,778    33        2,984 
Less: Foreign Taxes Withheld   (73,073)   (1,518)   (107,193)   (1,793)
Total Investment Income   315,134    6,275,944    862,589    170,922 
                     
Expenses:                    
Supervision and Administration Fees(1)   89,673    1,599,387    107,133    104,469 
Custodian Fees(2)   454    5    458    155 
Total Expenses   90,127    1,599,392    107,591    104,624 
Net Investment Income   225,007    4,676,552    754,998    66,298 
                     
Net Realized Gain (Loss) on:                    
Investments(3)   (1,174,851)   24,643,898    2,124,684    2,703,666 
Futures Contracts           10,329     
Foreign Currency Transactions   (5,336)       (136)   (588)
Net Realized Gain (Loss)   (1,180,187)   24,643,898    2,134,877    2,703,078 
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   5,521,874    28,601,943    4,717,059    (9,831,126)
Futures Contracts           (2,463)    
Foreign Currency Translations   658        4,405     
Net Change in Unrealized Appreciation (Depreciation)   5,522,532    28,601,943    4,719,001    (9,831,126)
Net Realized and Unrealized Gain (Loss)   4,342,345    53,245,841    6,853,878    (7,128,048)
Net Increase (Decrease) in Net Assets Resulting from Operations  $4,567,352  $57,922,393  $7,608,876  $(7,061,750)
   
(1) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.)
(2) See Note 2 in the Notes to Financial Statements.
(3) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

243

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X S&P
 Catholic Values
Developed ex-
U.S. ETF
   Global X
NASDAQ 100®
Tail Risk ETF
   Global X
NASDAQ 100®
Collar 95-110
ETF
   Global X S&P
500® Tail Risk
ETF
 
Investment Income:                
Dividend Income  $565,757   $9,828   $11,957   $15,964 
Interest Income   1,070    417    325    315 
Less: Foreign Taxes Withheld   (53,040)   (37)   (46)   (4)
Total Investment Income   513,787    10,208    12,236    16,275 
                     
Expenses:                    
Supervision and Administration Fees(1)   59,043    3,713    4,622    3,394 
Custodian Fees(2)   133             
Total Expenses   59,176    3,713    4,622    3,394 
Net Investment Income   454,611    6,495    7,614    12,881 
                     
Net Realized Gain (Loss) on:                    
Investments(3)   (186,830)   225,988    (76,362)   (2,515)
Purchased Options       (66,543)   (137,710)   (37,630)
Written Options           42,353     
Foreign Currency Transactions   (2,454)            
Net Realized Gain (Loss)   (189,284)   159,445    (171,719)   (40,145)
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   2,325,170    (112,114)   323,945    158,746 
Purchased Options       (21,727)   (59,237)   (24,132)
Written Options           (169,863)    
Foreign Currency Translations   3,995             
Net Change in Unrealized Appreciation (Depreciation)   2,329,165    (133,841)   94,845    134,614 
Net Realized and Unrealized Gain (Loss)   2,139,881    25,604    (76,874)   94,469 
Net Increase (Decrease) in Net Assets Resulting from Operations  $2,594,492   $32,099   $(69,260)  $107,350 
   
(1) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.)
(2) See Note 2 in the Notes to Financial Statements.
(3) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

 

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

244

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X S&P
500® Collar 95-
110 ETF
   Global X Rare
Earth & Critical
Materials ETF
   Global X Russell
2000 ETF
   Global X U.S.
Electrification
ETF
 
Investment Income:                
Dividend Income  $19,263   $308,983   $9,929,904   $3,544,811 
Interest Income   282    768    44,004    3,791 
Security Lending Income, Net           132,324     
Less: Foreign Taxes Withheld   (5)   (27,436)   (16,468)   (8,606)
Total Investment Income   19,540    282,315    10,089,764    3,539,996 
                     
Expenses:                    
Supervision and Administration Fees(1)   4,150    89,811    551,579    765,617 
Custodian Fees(2)       655    1,996    681 
Total Expenses   4,150    90,466    553,575    766,298 
Net Investment Income   15,390    191,849    9,536,189    2,773,698 
                     
Net Realized Gain (Loss) on:                    
Investments(3)   27,615    1,776,871    119,989,729    12,471,061 
Written Options   (78,136)            
Futures Contracts           (198,844)    
Foreign Currency Transactions       (2,151)        
Net Realized Gain (Loss)   (50,521)   1,774,720    119,790,885    12,471,061 
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   143,381    2,463,595    59,849,652    36,067,186 
Purchased Options   (38,433)            
Written Options   (64,554)            
Futures Contracts           12,616     
Foreign Currency Translations       609         
Net Change in Unrealized Appreciation (Depreciation)   40,394    2,464,204    59,862,268    36,067,186 
Net Realized and Unrealized Gain (Loss)   (10,127)   4,238,924    179,653,153    48,538,247 
Net Increase in Net Assets Resulting from Operations  $5,263  $4,430,773  $189,189,342  $51,311,945 
   
(1) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.)
(2) See Note 2 in the Notes to Financial Statements.
(3) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

245

 

Statements of Operations

For the period ended April 30, 2026 (Unaudited)

 

 

   Global X S&P
500® U.S.
Market Leaders
Top 50 ETF
   Global X S&P
500® U.S.
Revenue Leaders
ETF
   Global X S&P
500® Christian
Values ETF
   Global X NYSE®
100 ETF (1)
 
Investment Income:                
Dividend Income  $18,380   $14,823   $19,591   $353 
Interest Income   27    28    27     
Less: Foreign Taxes Withheld           (4)   (18)
Total Investment Income   18,407    14,851    19,614    335 
                     
Expenses:                    
Supervision and Administration Fees(2)   2,376    1,903    5,027    124 
Custodian Fees(3)       1         
Total Expenses   2,376    1,904    5,027    124 
Net Investment Income   16,031    12,947    14,587    211 
                     
Net Realized Gain (Loss) on:                    
Investments(4)   23,856    35,862    (7,513)   852 
Net Realized Gain (Loss)   23,856    35,862    (7,513)   852 
Net Change in Unrealized Appreciation (Depreciation) on:                    
Investments   (34,384)   (26,829)   238,787    169,434 
Net Change in Unrealized Appreciation (Depreciation)   (34,384)   (26,829)   238,787    169,434 
Net Realized and Unrealized Gain (Loss)   (10,528)   9,033    231,274    170,286 
Net Increase in Net Assets Resulting from Operations  $5,503  $21,980  $245,861  $170,497 
                     
(1) The Fund commenced operations on March 25, 2026.
(2) The Supervision and Administration fees includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in the Notes to Financial Statements.)
(3) See Note 2 in the Notes to Financial Statements.
(4) Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in the Notes to Financial Statements.)

 

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

246

 

Statements of Changes in Net Assets

 

 

   Global X Lithium & Battery Tech
ETF
  Global X SuperDividend® ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $8,012,113   $4,184,012   $36,943,202   $76,020,574 
Net Realized Gain (Loss)   93,465,045    (144,836,471)   96,254,380    20,114,907 
Net Change in Unrealized Appreciation (Depreciation)   475,376,328    560,625,034    15,749,668    65,974,489 
Net Increase in Net Assets Resulting from Operations   576,853,486    419,972,575    148,947,250    162,109,970 
Distributions:   (4,033,925)   (6,394,452)   (53,198,276)   (88,083,476)
                     
Capital Share Transactions:                    
Issued   251,498,744    141,566,328    350,684,532    187,262,328 
Redeemed   (161,769,721)   (445,941,037)   (185,788,218)   (36,028,581)
Increase (Decrease) in Net Assets from Capital Share Transactions   89,729,023    (304,374,709)   164,896,314    151,233,747 
Total Increase in Net Assets   662,548,584    109,203,414    260,645,288    225,260,241 
                     
Net Assets:                    
Beginning of Year/Period   1,384,355,571    1,275,152,157    1,014,282,604    789,022,363 
End of Year/Period  $2,046,904,155   $1,384,355,571   $1,274,927,892   $1,014,282,604 
                     
Share Transactions:                    
Issued   3,380,000    3,480,000    13,860,000    8,240,000 
Redeemed   (2,060,000)   (10,650,000)   (7,420,000)   (1,520,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   1,320,000    (7,170,000)   6,440,000    6,720,000 

 

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

247

 

Statements of Changes in Net Assets

 

 

   Global X Social Media ETF  Global X Guru® Index ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income (Loss)  $62,568   $250,151   $(35,149  $4,215 
Net Realized Gain (Loss)   3,130,047    5,943,259    7,330,436    9,109,392 
Net Change in Unrealized Appreciation (Depreciation)   (30,584,446)   35,691,464    (4,148,074)   3,303,973 
Net Increase (Decrease) in Net Assets Resulting from Operations   (27,391,831)   41,884,874    3,147,213    12,417,580 
Distributions:   (307,487)   (280,236)   (49,581)   (22,051)
Return of Capital:               (63,785)
                     
Capital Share Transactions:                    
Issued   30,816    21,685,274    24,463,639    36,806,228 
Redeemed   (29,784,717)   (32,696,716)   (25,619,185)   (37,691,062)
Decrease in Net Assets from Capital Share Transactions   (29,753,901)   (11,011,442)   (1,155,546)   (884,834)
Total Increase (Decrease) in Net Assets   (57,453,219)   30,593,196    1,942,086    11,446,910 
                     
Net Assets:                    
Beginning of Year/Period   149,692,832    119,099,636    56,441,808    44,994,898 
End of Year/Period  $92,239,613   $149,692,832   $58,383,894   $56,441,808 
                     
Share Transactions:                    
Issued       380,000    400,000    700,000 
Redeemed   (570,000)   (640,000)   (410,000)   (710,000)
Net Decrease in Shares Outstanding from Share Transactions   (570,000)   (260,000)   (10,000)   (10,000)

 

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

248

 

Statements of Changes in Net Assets

 

 

   Global X SuperIncome® Preferred
ETF
  Global X SuperDividend® U.S. ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $3,975,771   $8,754,801   $17,173,179  $29,620,258 
Net Realized Gain (Loss)   5,921,495    (6,523,653)   9,251,200    40,235,055 
Net Change in Unrealized Appreciation (Depreciation)   (1,749,357)   392,081    86,804,440    (77,115,315)
Net Increase (Decrease) in Net Assets Resulting from Operations   8,147,909    2,623,229    113,228,819    (7,260,002)
Distributions:   (4,585,168)   (9,102,947)   (23,427,015)   (43,258,173)
                     
Capital Share Transactions:                    
Issued   32,795,988    27,214,419    127,622,615    334,256,977 
Redeemed   (39,724,823)   (38,017,571)   (90,647,361)   (304,547,412)
Increase (Decrease) in Net Assets from Capital Share Transactions   (6,928,835)   (10,803,152)   36,975,254    29,709,565 
Total Increase (Decrease) in Net Assets   (3,366,094)   (17,282,870)   126,777,058    (20,808,610)
                     
Net Assets:                    
Beginning of Year/Period   133,426,556    150,709,426    624,026,152    644,834,762 
End of Year/Period  $130,060,462  $133,426,556   $750,803,210   $624,026,152 
                     
Share Transactions:                    
Issued   3,480,000    2,920,000    6,790,000    17,760,000 
Redeemed   (4,220,000)   (4,120,000)   (4,800,000)   (16,130,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   (740,000)   (1,200,000)   1,990,000    1,630,000 

 

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

249

 

Statements of Changes in Net Assets

 

 

   Global X MSCI SuperDividend®
Emerging Markets ETF
  Global X SuperDividend® REIT
ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                
Net Investment Income  $857,548   $2,117,010   $7,963,559   $12,555,816 
Net Realized Gain (Loss)   2,510,977    956,158    6,967,125    162,306 
Net Change in Unrealized Appreciation (Depreciation)   2,574,590    5,398,426    4,824,580    2,464,443 
Net Increase in Net Assets Resulting from Operations   5,943,115    8,471,594    19,755,264    15,182,565 
Distributions:   (1,172,671)   (2,052,122)   (8,617,573)   (11,318,951)
Return of Capital:       (203,005)       (5,032,543)
                     
Capital Share Transactions:                    
Issued   4,265,165    271,948    46,009,348    13,209,728 
Redeemed   (1,634,640)   (4,181,036)   (22,524,686)   (30,476,066)
Increase (Decrease) in Net Assets from Capital Share Transactions   2,630,525    (3,909,088)   23,484,662    (17,266,338)
Total Increase (Decrease) in Net Assets   7,400,969    2,307,379    34,622,353    (18,435,267)
                     
Net Assets:                    
Beginning of Year/Period   38,540,903    36,233,524    202,140,606    220,575,873 
End of Year/Period  $45,941,872   $38,540,903   $236,762,959   $202,140,606 
                     
Share Transactions:                    
Issued   140,000    10,000    2,050,000    610,000 
Redeemed   (50,000)   (160,000)   (1,000,000)   (1,520,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   90,000    (150,000)   1,050,000    (910,000)

 

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

250

 

Statements of Changes in Net Assets

 

 

   Global X Renewable Energy
Producers ETF
  Global X S&P 500® Catholic Values
ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31,
2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $225,007   $377,666   $4,676,552   $9,027,992 
Net Realized Gain (Loss)   (1,180,187)   (8,514,331)   24,643,898    75,584,170 
Net Change in Unrealized Appreciation (Depreciation)   5,522,532    10,619,274    28,601,943    107,707,346 
Net Increase in Net Assets Resulting from Operations   4,567,352    2,482,609    57,922,393    192,319,508 
Distributions:   (286,754)   (306,303)   (5,385,884)   (9,146,709)
                     
Capital Share Transactions:                    
Issued   1,797,826    5,690    104,777,853    192,992,109 
Redeemed   (1,030,789)   (10,008,363)   (48,140,398)   (171,519,803)
Increase (Decrease) in Net Assets from Capital Share Transactions   767,037    (10,002,673)   56,637,455    21,472,306 
Total Increase (Decrease) in Net Assets   5,047,635    (7,826,367)   109,173,964    204,645,105 
                     
Net Assets:                    
Beginning of Year/Period   26,155,060    33,981,427    1,104,163,816    899,518,711 
End of Year/Period  $31,202,695   $26,155,060   $1,213,337,780   $1,104,163,816 
                     
Share Transactions:                    
Issued   50,000        1,290,000    2,650,000 
Redeemed   (30,000)   (2,703,451)   (590,000)   (2,400,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   20,000    (2,703,451)   700,000    250,000 

 

‡ The Outstanding Shares of Beneficial Interest and Net Asset Value, Offering and Redemption Price Per Share were updated to reflect the effect of a 1 for 3 reverse share split on close of business August 29, 2025 (See Note 9 in the Notes to Financial Statements).

 

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

251

 

Statements of Changes in Net Assets

 

 

   Global X MSCI SuperDividend®
EAFE ETF
  Global X E-commerce ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $754,998   $895,815   $66,298   $200,031 
Net Realized Gain (Loss)   2,134,877    21,136    2,703,078    9,799,894 
Net Change in Unrealized Appreciation (Depreciation)   4,719,001    2,713,962    (9,831,126)   6,000,410 
Net Increase (Decrease) in Net Assets Resulting from Operations   7,608,876    3,630,913    (7,061,750)   16,000,335 
Distributions:   (1,055,995)   (872,114)   (105,703)   (241,541)
                     
Capital Share Transactions:                    
Issued   16,140,953    22,513,304    4,265,185    32,405,084 
Redeemed   (8,547,935)   (2,323,428)   (23,622,231)   (48,640,696)
Increase (Decrease) in Net Assets from Capital Share Transactions   7,593,018    20,189,876    (19,357,046)   (16,235,612)
Total Increase (Decrease) in Net Assets   14,145,899    22,948,675    (26,524,499)   (476,818)
                     
Net Assets:                    
Beginning of Year/Period   33,779,750    10,831,075    55,754,665    56,231,483 
End of Year/Period  $47,925,649   $33,779,750   $29,230,166   $55,754,665 
                     
Share Transactions:                    
Issued   780,000    1,260,000    130,000    1,110,000 
Redeemed   (420,000)   (160,000)   (760,000)   (1,560,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   360,000    1,100,000    (630,000)   (450,000)

 

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

252

 

Statements of Changes in Net Assets

 

 

   Global X S&P Catholic Values
Developed ex-U.S. ETF
  Global X NASDAQ 100® Tail Risk
ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $454,611   $497,608   $6,495   $14,299 
Net Realized Gain (Loss)   (189,284)   1,527,002    159,445    97,633 
Net Change in Unrealized Appreciation (Depreciation)   2,329,165    2,063,129    (133,841)   418,972 
Net Increase in Net Assets Resulting from Operations   2,594,492    4,087,739    32,099    530,904 
Distributions:   (518,770)   (453,571)   (506,795)   (14,683)
                     
Capital Share Transactions:                    
Issued   17,547,180    16,634,386    917,945    968,701 
Redeemed       (7,020,613)   (557,610)   (859,390)
Increase in Net Assets from Capital Share Transactions   17,547,180    9,613,773    360,335    109,311 
Total Increase (Decrease) in Net Assets   19,622,902    13,247,941    (114,361)   625,532 
                     
Net Assets:                    
Beginning of Year/Period   25,977,123    12,729,182    3,332,678    2,707,146 
End of Year/Period  $45,600,025   $25,977,123   $3,218,317   $3,332,678 
                     
Share Transactions:                    
Issued   460,000    500,000    30,000    30,000 
Redeemed       (200,000)   (20,000)   (30,000)
Net Increase in Shares Outstanding from Share Transactions   460,000    300,000    10,000     

 

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

 

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

253

 

Statements of Changes in Net Assets

 

 

   Global X NASDAQ 100® Collar
95-110 ETF
  Global X S&P 500® Tail Risk ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $7,614   $11,401   $12,881   $21,142 
Net Realized Gain (Loss)   (171,719)   342,757    (40,145)   145,873 
Net Change in Unrealized Appreciation (Depreciation)   94,845    108,704    134,614    210,035 
Net Increase (Decrease) in Net Assets Resulting from Operations   (69,260)   462,862    107,350    377,050 
Distributions:   (458,899)   (155,595)   (368,627)   (451,558)
                     
Capital Share Transactions:                    
Issued   1,184,886    2,493,236    1,343,218    557,718 
Redeemed       (1,286,795)       (568,466)
Increase (Decrease) in Net Assets from Capital Share Transactions   1,184,886    1,206,441    1,343,218    (10,748)
Total Increase (Decrease) in Net Assets   656,727    1,513,708    1,081,941    (85,256)
                     
Net Assets:                    
Beginning of Year/Period   3,317,226    1,803,518    2,486,427    2,571,683 
End of Year/Period  $3,973,953   $3,317,226   $3,568,368   $2,486,427 
                     
Share Transactions:                    
Issued   40,000    80,000    50,000    20,000 
Redeemed       (40,000)       (20,000)
Net Increase in Shares Outstanding from Share Transactions   40,000    40,000    50,000     

 

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

 

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

254

 

Statements of Changes in Net Assets

 

 

   Global X S&P 500® Collar 95-110
ETF
  Global X Rare Earth & Critical
Materials ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
Operations:                    
Net Investment Income  $15,390   $32,699   $191,849   $52,361 
Net Realized Gain (Loss)   (50,521)   270,597    1,774,720    (80,147)
Net Change in Unrealized Appreciation (Depreciation)   40,394    119,737    2,464,204    2,044,154 
Net Increase in Net Assets Resulting from Operations   5,263    423,033    4,430,773    2,016,368 
Distributions:   (411,234)   (316,521)   (36,637)   (61,028)
                     
Capital Share Transactions:                    
Issued       6,981,128    35,655,602    5,076,466 
Redeemed       (5,349,211)   (7,017,493)   (2,766,359)
Increase in Net Assets from Capital Share Transactions       1,631,917    28,638,109    2,310,107 
Total Increase (Decrease) in Net Assets   (405,971)   1,738,429    33,032,245    4,265,447 
                     
Net Assets:                    
Beginning of Year/Period   3,656,314    1,917,885    10,230,082    5,964,635 
End of Year/Period  $3,250,343   $3,656,314   $43,262,327   $10,230,082 
                     
Share Transactions:                    
Issued       260,000    1,170,000    220,000 
Redeemed       (200,000)   (240,000)   (170,000)
Net Increase in Shares Outstanding from Share Transactions       60,000    930,000    50,000 

 

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

255

 

Statements of Changes in Net Assets

 

 

   Global X Russell 2000 ETF  Global X U.S. Electrification ETF
   Period Ended
April 30, 2026
(Unaudited)
  Year Ended
October 31, 2025
  Period Ended
April 30, 2026
(Unaudited)
  Period Ended
October 31,
2025(1)
Operations:                    
Net Investment Income  $9,536,189   $17,252,447   $2,773,698   $1,470,438 
Net Realized Gain (Loss)   119,790,885    112,882,246    12,471,061    8,655,582 
Net Change in Unrealized Appreciation (Depreciation)   59,862,268    48,116,912    36,067,186    15,984,906 
Net Increase in Net Assets Resulting from Operations   189,189,342    178,251,605    51,311,945    26,110,926 
Distributions:   (11,142,982)   (21,920,075)   (2,742,025)   (1,403,837)
                     
Capital Share Transactions:                    
Issued   285,715,302    376,217,129    212,472,370    285,298,182 
Redeemed   (377,552,038)   (626,682,397)   (64,211,854)   (62,852,587)
Increase (Decrease) in Net Assets from Capital Share Transactions   (91,836,736)   (250,465,268)   148,260,516    222,445,595 
Total Increase (Decrease) in Net Assets   86,209,624    (94,133,738)   196,830,436    247,152,684 
                     
Net Assets:                    
Beginning of Year/Period   1,340,806,370    1,434,940,108    247,152,684     
End of Year/Period  $1,427,015,994   $1,340,806,370   $443,983,120   $247,152,684 
                     
Share Transactions:                    
Issued   2,900,000    4,400,000    6,750,000    10,430,000 
Redeemed   (3,670,000)   (7,250,000)   (2,040,000)   (2,350,000)
Net Increase (Decrease) in Shares Outstanding from Share Transactions   (770,000)   (2,850,000)   4,710,000    8,080,000 

 

(1) The Fund commenced operations on December 17, 2024.

 

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

256

 

Statements of Changes in Net Assets

 

 

   Global X S&P 500® U.S. Market
Leaders Top 50 ETF
  Global X S&P 500® U.S. Revenue
Leaders ETF
   Period Ended
April 30, 2026
(Unaudited)
  Period Ended
October 31,
2025(1)
  Period Ended
April 30, 2026
(Unaudited)
  Period Ended
October 31,
2025(1)
Operations:                    
Net Investment Income  $16,031   $19,710   $12,947   $14,414 
Net Realized Gain (Loss)   23,856    315,959    35,862    248,494 
Net Change in Unrealized Appreciation (Depreciation)   (34,384)   (60,948)   (26,829)   116,261 
Net Increase in Net Assets Resulting from Operations   5,503    274,721    21,980    379,169 
Distributions:   (19,799)   (4,415)   (14,567)   (4,713)
                     
Capital Share Transactions:                    
Issued   277,721    3,915,595    289,545    4,141,712 
Redeemed   (279,973)   (2,521,071)   (293,048)   (2,469,677)
Increase (Decrease) in Net Assets from Capital Share Transactions   (2,252)   1,394,524    (3,503)   1,672,035 
Total Increase (Decrease) in Net Assets   (16,548)   1,664,830    3,910    2,046,491 
                     
Net Assets:                    
Beginning of Year/Period   1,664,830        2,046,491     
End of Year/Period  $1,648,282   $1,664,830   $2,050,401   $2,046,491 
                     
Share Transactions:                    
Issued   10,000    150,000    10,000    160,000 
Redeemed   (10,000)   (90,000)   (10,000)   (90,000)
Net Increase in Shares Outstanding from Share Transactions       60,000        70,000 

 

(1) The Fund commenced operations on April 15, 2025.

 

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

257

 

Statements of Changes in Net Assets

 

 

   Global X S&P 500® Christian
Values ETF
  Global X NYSE®
100 ETF
   Period Ended
April 30, 2026
(Unaudited)
  Period Ended
October 31,
2025(1)
  Period Ended
April 30, 2026(2)
(Unaudited)
Operations:         
Net Investment Income  $14,587   $1,268   $211 
Net Realized Gain (Loss)   (7,513)   76    852 
Net Change in Unrealized Appreciation (Depreciation)   238,787    55,808    169,434 
Net Increase in Net Assets Resulting from Operations   245,861    57,152    170,497 
Distributions:   (5,651)        
                
Capital Share Transactions:               
Issued   2,443,777    2,394,252    3,261,382 
Increase in Net Assets from Capital Share Transactions   2,443,777    2,394,252    3,261,382 
Total Increase in Net Assets   2,683,987    2,451,404    3,431,879 
                
Net Assets:               
Beginning of Period   2,451,404         
End of Period  $5,135,391   $2,451,404   $3,431,879 
                
Share Transactions:               
Issued   30,000    30,000    30,000 
Net Increase in Shares Outstanding from Share Transactions   30,000    30,000    30,000 

 

(1) The Fund commenced operations on September 23, 2025.
(2) The Fund commenced operations on March 25, 2026.

 

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

258

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income (Loss)
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X Lithium & Battery Tech ETF                              
2026 (Unaudited)§     62.37    0.35    24.51    24.86    (0.18)        
2025     43.42    0.17    19.05    19.22    (0.27)        
2024     47.33    0.37    (3.67)   (3.30)   (0.61)        
2023     67.13    0.58    (19.66)   (19.08)   (0.72)        
2022     91.07    0.26    (23.99)   (23.73)   (0.21)        
2021     42.86    0.12    48.21    48.33    (0.12)        
Global X SuperDividend® ETF                              
2026 (Unaudited)§     23.81    0.79    2.55    3.34    (1.15)        
2025     21.99    1.98    2.16    4.14    (2.32)        
2024     20.36    2.03    1.98    4.01    (2.38)        
2023(1)     23.05    2.11    (2.02)   0.09    (2.22)       (0.56)
2022(1)     39.03    2.31    (14.68)   (12.37)   (2.65)       (0.96)
2021(1)     31.83    2.82    7.38    10.20    (3.00)        
Global X Social Media ETF                              
2026 (Unaudited)§     58.02    0.03    (12.03)   (12.00)   (0.13)        
2025     41.94    0.10    16.09    16.19    (0.11)        
2024     34.75    0.04    7.31    7.35    (0.11)       (0.05)
2023     24.88    0.19    9.87    10.06    (0.19)        
2022     61.26    0.03    (36.29)   (36.26)           (0.12)
2021     51.95    (0.31)   9.62    9.31             

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) Per share amounts have been adjusted for a 1 for 3 reverse share split on December 19, 2022. (See Note 9 in the Notes to Financial Statements.)
  Amounts designated as “—” are either $0 or have been rounded to $0.

 

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

259

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
(Loss) to Average
Net Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.18)   87.05    39.97    2,046,904    0.75   1.00   9.26 
 (0.27)   62.37    44.60    1,384,356    0.75    0.40    51.63 
 (0.61)   43.42    (7.04)   1,275,152    0.75    0.84    22.87 
 (0.72)   47.33    (28.63)   2,095,791    0.75    0.92    19.76 
 (0.21)   67.13    (26.10)   3,899,509    0.75    0.33    38.73 
 (0.12)   91.07    112.89    5,375,399    0.75    0.17    39.09 
                                 
 (1.15)   26.00    14.36    1,274,928    0.58   6.41   49.72 
 (2.32)   23.81    20.40    1,014,283    0.58    9.02    68.09 
 (2.38)   21.99    20.42    789,022    0.58    9.23    92.54 
 (2.78)   20.36    (0.31)   699,111    0.58    9.18    91.59 
 (3.61)   23.05    (33.80)   676,279    0.61    7.39    91.10 
 (3.00)   39.03    32.21    930,431    0.58    6.98    82.37 
                                 
 (0.13)   45.89    (20.72)   92,240    0.65   0.11   6.53 
 (0.11)   58.02    38.63    149,693    0.65    0.19    9.79 
 (0.16)   41.94    21.15    119,100    0.65    0.10    16.85 
 (0.19)   34.75    40.40    140,397    0.65    0.53    29.09 
 (0.12)   24.88    (59.24)   103,245    0.65    0.06    21.59 
     61.26    17.94    401,893    0.65    (0.48)   30.89 

 

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

260

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income (Loss)
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X Guru® Index ETF
2026 (Unaudited)§     61.35    (0.04)   2.90    2.86    (0.05)        
2025     48.38        13.06    13.06    (0.02)       (0.07)
2024     34.23    0.16    14.18    14.34    (0.19)        
2023     33.48    0.12    0.75    0.87    (0.11)       (0.01)
2022     50.24    0.01    (16.72)   (16.71)   (0.01)       (0.04)
2021     37.31    0.69    13.14    13.83    (0.90)        
Global X SuperIncome® Preferred ETF
2026 (Unaudited)§     9.19    0.28    0.30    0.58    (0.33)        
2025     9.59    0.58    (0.38)   0.20    (0.60)        
2024     8.21    0.55    1.39    1.94    (0.56)        
2023     9.67    0.60    (1.44)   (0.84)   (0.62)        
2022     11.94    0.54    (2.13)   (1.59)   (0.65)       (0.03)
2021     11.12    0.61    0.89    1.50    (0.68)        
Global X SuperDividend® U.S. ETF
2026 (Unaudited)§     17.10    0.46    2.58    3.04    (0.63)        
2025     18.50    0.83    (1.02)   (0.19)   (1.21)        
2024     15.62    0.74    3.23    3.97    (1.09)        
2023     19.18    0.69    (3.02)   (2.33)   (0.90)       (0.33)
2022     20.13    0.67    (0.41)   0.26    (0.81)       (0.40)
2021     14.99    0.65    5.59    6.24    (0.99)       (0.11)

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.

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

 

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

261

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
(Loss) to Average
Net Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.05)   64.16    4.67    58,384    0.75   (0.12)†   59.28 
 (0.09)   61.35    27.04    56,442    0.75    0.01    86.33 
 (0.19)   48.38    41.98    44,995    0.75    0.37    100.83 
 (0.12)   34.23    2.58    41,757    0.75    0.35    100.70 
 (0.05)   33.48    (33.28)   46,535    0.75    0.02    111.39 
 (0.90)   50.24    37.43    75,856    0.75    1.47    121.91 
                                 
 (0.33)   9.44    6.40    130,060    0.48   6.15   36.63 
 (0.60)   9.19    2.33    133,427    0.48    6.35    73.21 
 (0.56)   9.59    24.16    150,709    0.48    5.93    63.31 
 (0.62)   8.21    (9.26)   157,490    0.53    6.47    109.60 
 (0.68)   9.67    (13.81)   195,159    0.58    5.04    39.39 
 (0.68)   11.94    13.71    234,953    0.58    5.13    98.47 
                                 
 (0.63)   19.51    18.09    750,803    0.45   5.03   32.84 
 (1.21)   17.10    (1.18)   624,026    0.45    4.58    41.47 
 (1.09)   18.50    26.21    644,835    0.45    4.28    53.21 
 (1.23)   15.62    (12.60)   590,900    0.45    3.91    63.24 
 (1.21)   19.18    1.16    683,864    0.45    3.34    38.51 
 (1.10)   20.13    42.53    669,734    0.45    3.41    60.53 

 

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

262

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X MSCI SuperDividend® Emerging Markets ETF
2026 (Unaudited)§     29.22    0.60    3.61    4.21    (0.83)        
2025     24.66    1.52    4.66    6.18    (1.47)       (0.15)
2024     22.48    1.70    2.28    3.98    (1.80)        
2023(1)     21.36    1.95    1.00    2.95    (1.83)        
2022(1)     33.78    1.67    (11.44)   (9.77)   (2.19)       (0.46)
2021(1)     28.59    3.06    4.35    7.41    (2.22)        
Global X SuperDividend® REIT ETF
2026 (Unaudited)§     21.53    0.81    1.23    2.04    (0.89)        
2025     21.42    1.36    0.52    1.88    (1.23)       (0.54)
2024     18.67    1.22    3.20    4.42    (1.34)       (0.33)
2023(1)     21.65    1.28    (2.60)   (1.32)   (1.10)       (0.56)
2022(1)     29.46    1.13    (7.14)   (6.01)   (1.10)       (0.70)
2021(1)     22.68    1.14    7.50    8.64    (1.23)       (0.63)
Global X Renewable Energy Producers ETF
2026 (Unaudited)§     33.25    0.29    6.27    6.56    (1.12)        
2025(2)     29.22    0.15    4.19    4.34    (0.31)        
2024(2)     27.90    0.36    1.41    1.77    (0.45)        
2023(2)     39.15    0.45    (11.28)   (10.83)   (0.42)        
2022(2)     50.46    0.45    (11.28)   (10.83)   (0.48)        
2021(2)     44.61    0.69    6.15    6.84    (0.90)   (0.09)    

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) Per share amounts have been adjusted for a 1 for 3 reverse share split on December 19, 2022. (See Note 9 in the Notes to Financial Statements.)
(2) Per share amounts have been adjusted for a 1 for 3 reverse share split on August 29, 2025. (See Note 9 in the Notes to Financial Statements.)

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

 

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

263

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
to Average Net
Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.83)   32.60    14.57    45,942    0.65   3.84   18.47 
 (1.62)   29.22    26.06    38,541    0.66    5.78    69.54 
 (1.80)   24.66    17.80    36,234    0.66    6.70    88.93 
 (1.83)   22.48    13.77    41,574    0.68    8.22    87.06 
 (2.65)   21.36    (30.80)   39,168    0.67    5.88    101.78 
 (2.22)   33.78    25.83    62,696    0.72    8.59    102.27 
                                 
 (0.89)   22.68    9.65    236,763    0.59   7.43   48.61 
 (1.77)   21.53    9.34    202,141    0.58    6.52    44.38 
 (1.67)   21.42    24.41    220,576    0.58    5.90    84.50 
 (1.66)   18.67    (6.97)   217,653    0.59    5.90    92.84 
 (1.80)   21.65    (21.21)   286,655    0.59    4.36    82.67 
 (1.86)   29.46    38.84    467,934    0.58    3.99    59.44 
                                 
 (1.12)   38.69    17.66    31,203    0.65   1.63   8.81 
 (0.31)   33.25    15.08    26,155    0.65    1.44    31.79 
 (0.45)   29.22    6.18    33,981    0.65    1.20    16.51 
 (0.42)   27.90    (27.93)   43,797    0.65    1.18    12.68 
 (0.48)   39.15    (21.57)   90,970    0.66    1.01    18.33 
 (0.99)   50.46    15.37    146,976    0.65    1.39    55.97 

 

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

264

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X S&P 500® Catholic Values ETF
2026 (Unaudited)§     82.77    0.35    3.70    4.05    (0.40)        
2025     68.72    0.69    14.05    14.74    (0.69)        
2024     50.89    0.70    17.80    18.50    (0.67)        
2023     47.19    0.65    3.68    4.33    (0.63)        
2022     57.22    0.61    (9.99)   (9.38)   (0.57)   (0.08)    
2021     40.32    0.56    16.89    17.45    (0.55)        
Global X MSCI SuperDividend® EAFE ETF
2026 (Unaudited)§     18.46    0.39    3.58    3.97    (0.55)        
2025     14.84    0.91    3.66    4.57    (0.95)        
2024     12.76    0.87    2.13    3.00    (0.92)        
2023     11.98    0.78    0.92    1.70    (0.92)        
2022     15.62    1.00    (3.70)   (2.70)   (0.94)        
2021     11.44    0.79    4.10    4.89    (0.71)        
Global X E-commerce ETF
2026 (Unaudited)§     33.59    0.05    (5.19)   (5.14)   (0.07)        
2025     26.65    0.09    6.96    7.05    (0.11)        
2024     16.96    0.06    9.69    9.75    (0.06)        
2023     15.14        1.84    1.84            (0.02)
2022     31.19    0.08    (15.97)   (15.89)   (0.05)   (0.10)   (0.01)
2021     26.79    (0.04)   4.70    4.66    (0.13)   (0.13)    

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
  Amounts designated as “—” are either $0 or have been rounded to $0.
§ For the period ended April 30, 2026.

 

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

265

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
(Loss) to Average
Net Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.40)   86.42    4.92    1,213,338    0.29   0.85   1.88 
 (0.69)   82.77    21.59    1,104,164    0.29    0.94    9.79 
 (0.67)   68.72    36.53    899,519    0.29    1.11    8.42 
 (0.63)   50.89    9.22    671,797    0.29    1.28    6.70 
 (0.65)   47.19    (16.53)   549,288    0.29    1.17    6.79 
 (0.55)   57.22    43.54    593,985    0.29    1.09    8.29 
                                 
 (0.55)   21.88    21.86    47,926    0.55   3.88   12.42 
 (0.95)   18.46    32.01    33,780    0.55    5.26    34.85 
 (0.92)   14.84    23.95    10,831    0.55    5.98    64.02 
 (0.92)   12.76    14.08    10,082    0.56    5.76    37.00 
 (0.94)   11.98    (18.12)   8,384    0.57    6.89    34.00 
 (0.71)   15.62    43.05    14,058    0.55    5.12    88.53 
                                 
 (0.07)   28.38    (15.33)   29,230    0.50   0.32   10.18 
 (0.11)   33.59    26.48    55,755    0.50    0.30    19.38 
 (0.06)   26.65    57.51    56,231    0.50    0.26    31.04 
 (0.02)   16.96    12.13    62,069    0.50    (0.02)   26.67 
 (0.16)   15.14    (51.19)   42,241    0.50    0.34    25.82 
 (0.26)   31.19    17.39    197,751    0.50    (0.11)   14.64 

 

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

266

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income (Loss)
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X S&P Catholic Values Developed ex-U.S. ETF
2026 (Unaudited)§     36.59    0.51    2.54    3.05    (0.67)        
2025     31.05    0.80    5.44    6.24    (0.70)        
2024     25.87    0.74    5.44    6.18    (1.00)        
2023     23.30    0.77    2.39    3.16    (0.59)        
2022     32.80    0.77    (9.11)   (8.34)   (0.79)   (0.37)    
2021     24.98    0.70    7.71    8.41    (0.59)        
Global X NASDAQ 100® Tail Risk ETF
2026 (Unaudited)§     37.03    0.07    0.71    0.78    (0.09)   (5.54)    
2025     30.08    0.16    6.96    7.12    (0.17)        
2024     22.71    0.17    7.37    7.54    (0.17)        
2023     19.08    0.07    3.63    3.70    (0.07)        
2022     25.59    0.04    (6.03)   (5.99)   (0.03)   (0.49)    
2021(1)     25.13    (0.01)   0.47    0.46             
Global X NASDAQ 100® Collar 95-110 ETF
2026 (Unaudited)§     33.17    0.06    (0.67)   (0.61)   (0.07)   (4.10)    
2025     30.06    0.14    5.54    5.68    (0.16)   (2.41)    
2024     23.47    0.18    6.59    6.77    (0.18)        
2023     22.00    0.08    1.46    1.54    (0.07)        
2022     25.78    0.04    (3.38)   (3.34)   (0.02)   (0.42)    
2021(1)     25.27    (0.01)   0.52    0.51             

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) The Fund commenced operations on August 25, 2021.
(2) Includes fees charged by the Fund custodian that were reimbursed by the custodian to the Fund subsequent to the reporting period. Excluding these fees, the ratio of expenses to average net assets would have been 0.61%.
  Amounts designated as “—” are either $0 or have been rounded to $0.

 

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

267

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
(Loss) to Average
Net Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.67)   38.97    8.42    45,600    0.35   2.69   4.60 
 (0.70)   36.59    20.40    25,977    0.35    2.41    12.92 
 (1.00)   31.05    24.02    12,729    0.35    2.44    12.13 
 (0.59)   25.87    13.45    14,485    0.35    2.80    13.64 
 (1.16)   23.30    (26.11)   5,592    0.35    2.83    12.83 
 (0.59)   32.80    33.79    4,264    0.35    2.22    17.17 
                                 
 (5.63)   32.18    2.88    3,218    0.25   0.44   9.71 
 (0.17)   37.03    23.76    3,333    0.25    0.49    6.24 
 (0.17)   30.08    33.26    2,707    0.25    0.61    5.84 
 (0.07)   22.71    19.42    1,362    0.53    0.35    19.43 
 (0.52)   19.08    (23.90)   1,908    0.61    0.19    13.88 
     25.59    1.83    3,326    0.60   (0.12)†   1.71 
                                 
 (4.17)   28.39    (1.91)   3,974    0.25   0.41   9.80 
 (2.57)   33.17    20.00    3,317    0.25    0.47    7.94 
 (0.18)   30.06    28.90    1,804    0.25    0.66    9.99 
 (0.07)   23.47    7.01    2,112    0.55    0.35    18.56 
 (0.44)   22.00    (13.19)   3,081    0.62(2)    0.18    9.89 
     25.78    2.06    2,836    0.60   (0.11)†   2.11 

 

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

268

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X S&P 500® Tail Risk ETF
2026 (Unaudited)§     31.08    0.13    0.84    0.97    (0.16)   (4.44)    
2025     32.15    0.30    4.29    4.59    (0.32)   (5.34)    
2024     24.23    0.35    7.93    8.28    (0.36)        
2023     23.21    0.27    1.00    1.27    (0.25)        
2022     27.72    0.23    (4.00)   (3.77)   (0.16)   (0.58)    
2021(1)     27.33    0.03    0.36    0.39             
Global X S&P 500® Collar 95-110 ETF
2026 (Unaudited)§     30.47    0.13    (0.08)   0.05    (0.18)   (3.25)    
2025     31.96    0.30    3.36    3.66    (0.35)   (4.80)    
2024     24.68    0.34    7.30    7.64    (0.36)        
2023     24.47    0.28    0.26    0.54    (0.33)        
2022     27.57    0.23    (2.77)   (2.54)   (0.16)   (0.40)    
2021(1)     27.28    0.03    0.26    0.29             
Global X Rare Earth & Critical Materials ETF
2026 (Unaudited)§     24.36    0.19    7.55    7.74    (0.05)        
2025     16.12    0.18    8.29    8.47    (0.23)        
2024     14.23    0.12    1.95    2.07    (0.18)        
2023     18.07    0.34    (3.88)   (3.54)   (0.30)        
2022(3)     23.75    0.45    (5.88)   (5.43)   (0.25)        

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) The Fund commenced operations on August 25, 2021.
(2) Includes fees charged by the Fund custodian that were reimbursed by the custodian to the Fund subsequent to the reporting period. Excluding these fees, the ratio of expenses to average net assets would have been 0.61%.
(3) The Fund commenced operations on January 24, 2022.
  Amounts designated as “—” are either $0 or have been rounded to $0.

 

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

269

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
to Average Net
Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (4.60)   27.45    3.61    3,568    0.25   0.95   1.50 
 (5.66)   31.08    16.60    2,486    0.25    1.03    3.07 
 (0.36)   32.15    34.36    2,572    0.25    1.19    3.45 
 (0.25)   24.23    5.51    2,423    0.54    1.10    2.71 
 (0.74)   23.21    (13.98)   3,017    0.61    0.92    7.40 
     27.72    1.43    3,604    0.60   0.58   6.21 
                                 
 (3.43)   27.09    0.14    3,250    0.25   0.93   1.00 
 (5.15)   30.47    13.09    3,656    0.25    1.04    20.62 
 (0.36)   31.96    31.11    1,918    0.25    1.17    3.46 
 (0.33)   24.68    2.20    2,221    0.55    1.11    3.09 
 (0.56)   24.47    (9.40)   3,915    0.64(2)    0.90    8.96 
     27.57    1.06    3,308    0.60   0.58   6.44 
                                 
 (0.05)   32.05    31.80    43,262    0.59   1.26   11.51 
 (0.23)   24.36    53.32    10,230    0.59    1.03    46.17 
 (0.18)   16.12    14.61    5,965    0.59    0.83    22.42 
 (0.30)   14.23    (19.96)   7,684    0.59    1.84    36.55 
 (0.25)   18.07    (22.98)   3,433    0.60   2.72   25.34 

 

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

270

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income
($)*
  Net Realized
and Unrealized
Gain (Loss)
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X Russell 2000 ETF
2026 (Unaudited)§     96.60    0.69    12.36    13.05    (0.80)        
2025     85.77    1.04    11.12    12.16    (1.30)   (0.03)    
2024(1)     79.35    0.47    6.30    6.77    (0.35)        
Global X U.S. Electrification ETF
2026 (Unaudited)§     30.59    0.28    4.12    4.40    (0.28)        
2025(2)     24.64    0.42    5.91    6.33    (0.38)        
Global X S&P 500® U.S. Market Leaders Top 50 ETF
2026 (Unaudited)§     27.75    0.27    (0.22)   0.05    (0.33)        
2025(3)     25.15    0.21    2.43    2.64    (0.04)        

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) The Fund commenced operations on June 4, 2024.
(2) The Fund commenced operations on December 17, 2024.
(3) The Fund commenced operations on April 15, 2025.
  Amounts designated as “—” are either $0 or have been rounded to $0.

 

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

271

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
to Average Net
Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.80)   108.85    13.60    1,427,016    0.08   1.38   5.70 
 (1.33)   96.60    14.35    1,340,806    0.08    1.20    13.42 
 (0.35)   85.77    8.53    1,434,940    0.08   1.36   7.75 
                                 
 (0.28)   34.71    14.49    443,983    0.50   1.81   5.14 
 (0.38)   30.59    25.93    247,153    0.50   1.76   18.09 
                                 
 (0.33)   27.47    0.16    1,648    0.29   1.96   4.40 
 (0.04)   27.75    10.52    1,665    0.29   1.47   24.90 

 

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

272

 

Financial Highlights

 

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period

 

    Net
Asset Value,
Beginning
of Period
($)
  Net Investment
Income
($)*
  Net Realized
and Unrealized
Gain
($)
  Total from
Operations
($)
  Distribution
from Net
Investment
Income ($)
  Distribution
from Capital
Gains ($)
  Return of
Capital ($)
Global X S&P 500® U.S. Revenue Leaders ETF
2026 (Unaudited)§     29.24    0.18    0.08    0.26    (0.21)        
2025(1)     24.91    0.19    4.22    4.41    (0.08)        
Global X S&P 500® Christian Values ETF
2026 (Unaudited)§     81.71    0.34    3.68    4.02    (0.14)        
2025(2)     79.61    0.05    2.05    2.10             
Global X NYSE® 100 ETF
2026 (Unaudited)§(3)      99.70    0.02    14.68    14.70             

 

* Per share data calculated using average shares method.
** Total Return is for the period indicated and has not been annualized. The return shown does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Annualized.
†† Portfolio turnover rate is for the period indicated and periods of less than one year have not been annualized. Excludes effect of in-kind transfers.
§ For the period ended April 30, 2026.
(1) The Fund commenced operations on April 15, 2025.
(2) The Fund commenced operations on September 23, 2025.
(3) The Fund commenced operations on March 25, 2026.
  Amounts designated as “—” are either $0 or have been rounded to $0.

 

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

273

 

Financial Highlights

 

 
 

 

Total from
Distributions ($)
  Net
Asset Value,
End of
Period ($)
  Total
Return
(%)**
  Net Assets, End of
Period ($)(000)
  Ratio of Expenses
to Average Net
Assets (%)
  Ratio of Net
Investment Income
to Average Net
Assets (%)
  Portfolio
Turnover Rate
(%)††
                                 
 (0.21)   29.29    0.88    2,050    0.19   1.29   4.30 
 (0.08)   29.24    17.71    2,046    0.19   1.23   8.78 
 (0.14)   85.59    4.93    5,135    0.29   0.84   3.01 
     81.71    2.64    2,451    0.29   0.59   1.12 
     114.40    14.74    3,432    0.09   0.15   0.57 

 

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

274

 

Notes to Financial Statements

April 30, 2026 (Unaudited)

 

 

1. ORGANIZATION

 

The Global X Funds (the “Trust”) is a Delaware statutory trust formed on March 6, 2008. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company. As of April 30, 2026, the Trust had one hundred twenty four portfolios, one hundred fifteen of which were operational. The financial statements herein and the related notes pertain to the Global X Lithium & Battery Tech ETF, Global X SuperDividend® ETF, Global X Social Media ETF, Global X Guru® Index ETF, Global X SuperIncome® Preferred ETF, Global X SuperDividend® U.S. ETF, Global X MSCI SuperDividend® Emerging Markets ETF, Global X SuperDividend® REIT ETF, Global X Renewable Energy Producers ETF, Global X S&P 500® Catholic Values ETF, Global X MSCI SuperDividend® EAFE ETF, Global X E-commerce ETF, Global X S&P Catholic Values Developed ex-U.S. ETF, Global X NASDAQ 100® Tail Risk ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Tail Risk ETF, Global X S&P 500® Collar 95-110 ETF, Global X Rare Earth & Critical Materials ETF, Global X Russell 2000 ETF, Global X U.S. Electrification ETF, Global X S&P 500® U.S. Market Leaders Top 50 ETF, Global X S&P 500® U.S. Revenue Leaders ETF, Global X S&P 500® Christian Values ETF and Global X NYSE®100 ETF (each a “Fund”, and collectively, the “Funds”).

 

Each Fund (except the Global X SuperDividend® ETF, Global X SuperDividend® U.S. ETF, Global X MSCI SuperDividend® Emerging Markets ETF, Global X MSCI SuperDividend® EAFE ETF, Global X SuperDividend® REIT ETF, Global X SuperIncome® Preferred ETF, Global X Guru® Index ETF, Global X S&P 500® Catholic Values ETF, Global X S&P Catholic Values Developed ex-U.S. ETF, Global X S&P 500® Tail Risk ETF, Global X S&P 500® Collar 95-110 ETF, Global X Rare Earth & Critical Materials ETF, and Global X Russell 2000 ETF) has elected non-diversified status under the 1940 Act.

 

The Global X Disruptive Materials ETF was renamed to the Global X Rare Earth & Critical Materials ETF and its ticker changed to EART, effective as of March 1, 2026.

 

The Global X NYSE® 100 ETF commenced operations on March 25, 2026.

 

2. SIGNIFICANT ACCOUNTING POLICIES

 

The following is a summary of the significant accounting policies followed by the Funds:

 

USE OF ESTIMATES — The Funds are investment companies that apply the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board (“FASB”). The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could materially differ from those estimates.

 

275

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

RETURN OF CAPITAL ESTIMATES — Distributions received by the Funds from underlying master limited partnership (“MLP”) and real estate investment trust (“REIT”) investments generally are comprised of income and return of capital. The Funds record investment income and return of capital based on estimates made at the time such distributions are received. Such estimates are based on historical information available from the MLPs, REITs and other industry sources. These estimates may subsequently be revised based on information received from the MLPs and REITs after their tax reporting periods are concluded.

 

MLPs — Certain Funds may invest in MLPs. MLPs are publicly traded partnerships engaged in the transportation, storage and processing of minerals and natural resources. By confining their operations to these specific activities, their interests, or units, are able to trade on public securities exchanges exactly like the shares of a corporation, without entity level taxation. To qualify as an MLP and to not be taxed as a corporation, a partnership must receive at least 90% of its income from qualifying sources as set forth in Section 7704(d) of the Internal Revenue Code of 1986, as amended (the “Code”). These qualifying sources include natural resource-based activities such as the processing, transportation and storage of mineral or natural resources. MLPs generally have two classes of owners: the general partner and limited partners. The general partner of an MLP is typically owned by a major energy company, an investment fund, the direct management of the MLP, or is an entity owned by one or more of such parties. The general partner may be structured as a private or publicly traded corporation or other entity.

 

The general partner typically controls the operations and management of the MLP through an up to 2% equity interest in the MLP plus, in many cases, ownership of common units and subordinated units.

 

Limited partners typically own the remainder of the partnership through ownership of common units, and have a limited role in the partnership’s operations and management. MLPs are typically structured such that common units and general partner interests have first priority to receive quarterly cash distributions up to an established minimum amount (“minimum quarterly distributions” or “MQD”). Common and general partner interests also accrue arrearages in distributions to the extent the MQD is not paid. Once common and general partner interests have been paid, subordinated units receive distributions of up to the MQD; however, subordinated units do not accrue arrearages. Distributable cash in excess of the MQD is paid to both common and subordinated units and is distributed to both common and subordinated units generally on a pro rata basis. The general partner is also eligible to receive incentive distributions if the general partner operates the business in a manner which results in distributions paid per common unit surpassing specified target levels. As the general partner increases cash distributions to the limited partners, the general partner receives an increasingly higher percentage of the incremental cash distributions.

 

276

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

FOREIGN TAXES — The Funds may be subject to taxes imposed by countries in which they invest. Such taxes are generally based on either income or gains earned or repatriated. The Funds accrue and apply such taxes to net investment income, net realized gains and net unrealized gains as income and/or capital gains are earned. For the period ended April 30, 2026, the Global X MSCI SuperDividend® Emerging Markets ETF accrued foreign capital gains tax in the amount of $187,486 as shown on the Statements of Assets and Liabilities.

 

SECURITY VALUATION — Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on the NASDAQ Stock Market (“NASDAQ”)), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded (or at approximately 4:00 pm Eastern Standard Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale, at the most recent mean between the quoted bid and asked prices, which approximates fair value (absent both bid and asked prices on such exchange, the bid price may be used).

 

For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used. The prices for foreign securities are reported in local currency and converted to U.S. dollars using currency exchange rates as of the reporting date. The exchange rates used by the Trust for valuation are captured as of the New York or London close each day.

 

Options traded on an exchange will be valued at the mean of the bid and ask quotations for the current day at the close of the market. If either the bid or the ask is not available, the last closing price will be used.

 

Securities for which market prices are not “readily available” are valued in accordance with fair value procedures (the “Fair Value Procedures”) established by Global X Management Company LLC, the Funds’ investment adviser (the “Adviser”), and approved by the Funds’ Board of Trustees (the “Board”). Pursuant to Rule 2a-5 under the 1940 Act, the Board has designated the Adviser as the “valuation designee” to determine the fair value of securities and other instruments for which no readily available market quotations are available. The Fair Value Procedures are implemented through a fair value committee (the “Committee”) of the Adviser. Some of the more common reasons that may necessitate that a security be valued using the Fair Value Procedures include: the security’s trading has been halted or suspended; the security has been de-listed from its primary trading exchange; the security’s primary trading market is temporarily closed at a time when, under normal conditions, it would be open; the security has not been traded for an extended period of time; the security’s primary pricing source is not able or willing to provide a price; or trading of the security is subject to local government-imposed restrictions. In addition, each Fund may fair value a security if an event that may materially affect the value of the Funds’ security that is traded

 

277

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

outside the United States (a “Significant Event”) has occurred between the time of the security’s last close and the time that each Fund calculates its net asset value (“NAV”). A Significant Event may relate to a single issuer or to an entire market sector. Events that may be Significant Events include: government actions, natural disasters, armed conflict, acts of terrorism and significant market fluctuations. If the Adviser becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Funds calculate their NAVs, it may request that a Committee meeting be called. When a security is valued in accordance with the Fair Value Procedures, the Committee will determine the value after taking into consideration all relevant information reasonably available to the Committee.

 

If available, debt securities are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sales price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed to identify the market value for such securities. Debt obligations with remaining maturities of sixty days or less will be valued at their market value. Prices for most securities held by the Funds are provided daily by recognized independent pricing agents. If a security price cannot be obtained from an independent, third-party pricing agent, the Funds seek to obtain a bid price from at least one independent broker.

 

In accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP, the Funds disclose the fair value of their investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The objective of a fair value measurement is to determine the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). Accordingly, the fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

 

Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Funds have the ability to access at the measurement date;

 

Level 2 – Other significant observable inputs (including quoted prices in non-active markets, quoted prices for similar investments, fair value of investments for which the Funds have the ability to fully redeem tranches at NAV as of the measurement date or within the near term, and short-term investments valued at amortized cost); and

 

278

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

Level 3 – Significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments, and fair value of investments for which the Funds do not have the ability to fully redeem tranches at NAV as of the measurement date or within the near term).

 

Investments are classified within the level of the lowest significant input considered in determining fair value. Investments classified within Level 3 whose fair value measurement considers several inputs may include Level 1 or Level 2 inputs as components of the overall fair value measurement. For details of the investment classification, reference the Schedules of Investments.

 

The unobservable inputs used to determine fair value of Level 3 assets may have similar or diverging impacts on valuation. Significant increases and decreases in these inputs in isolation and interrelationships between those inputs could result in significantly higher or lower fair value measurement.

 

DUE TO/FROM BROKERS — Due to/from brokers includes cash and collateral balances with the Funds’ clearing brokers or counterparties as of April 30, 2026. The Funds continuously monitor the credit standing of each broker or counterparty with whom they conduct business. In the event a broker or counterparty is unable to fulfill its obligations, the Funds would be subject to counterparty credit risk.

 

REPURCHASE AGREEMENTS — Securities pledged as collateral for repurchase agreements are held by Brown Brothers Harriman & Co. (“BBH”) or The Bank of New York Mellon (“BNY”), as appropriate, in their roles as Custodian to respective Funds (each, a “Custodian” and together, the “Custodians”), and are designated as being held on each Fund’s behalf by the Custodian under a book-entry system. Each Fund monitors the adequacy of the collateral on a daily basis and can require the seller to provide additional collateral in the event the market value of the securities pledged falls below the carrying value of the repurchase agreement, including accrued interest.

 

It is each Fund’s policy to only enter into repurchase agreements with banks and other financial institutions which are deemed by the Adviser to be creditworthy. The Funds bear the risk of loss in the event that the counterparty to a repurchase agreement defaults on its obligations and the Funds are prevented from exercising their rights to dispose of the underlying securities received as collateral. For financial statement purposes, the Funds record the securities lending collateral (included in repurchase agreements, at value or restricted cash) as an asset and the obligation to return securities lending collateral as a liability on the Statements of Assets and Liabilities.

 

279

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

Repurchase agreements are entered into by the Funds under Master Repurchase Agreements (“MRAs”) which permit the Funds, under certain circumstances, including an event of default (such as bankruptcy or insolvency), to offset payables and/or receivables under the MRA with collateral held and/or posted to the counterparty and create one single net payment due to or from the Funds.

 

FEDERAL INCOME TAXES — It is each Fund’s intention to qualify, or continue to qualify, as a regulated investment company for Federal income tax purposes by complying with the appropriate provisions of Subchapter M of the Internal Revenue Code of 1986, as amended. Accordingly, no provisions for Federal income taxes have been made in the financial statements except as described below.

 

The Funds evaluate tax positions taken or expected to be taken in the course of preparing the Funds’ tax returns to determine whether it is “more-likely-than-not” (i.e., greater than 50 percent) that each tax position will be sustained upon examination by a taxing authority based on the technical merits of the position. Tax positions not deemed to meet the more-likely-than-not threshold are recorded as a tax benefit or expense in the current year. The Funds did not record any tax positions in the current period; however, management’s conclusions regarding tax positions may be subject to review and adjustment at a later date based on factors including, but not limited to, examination by tax authorities (i.e., the last three tax year ends, as applicable), and on-going analysis of and changes to tax laws and regulations, and interpretations thereof.

 

If a Fund has foreign tax filings that have not been made, the tax years that remain subject to examination may date back to the inception of the Fund.

 

As of and during the reporting period ended April 30, 2026, the Funds did not have a liability for any unrecognized tax benefits. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as an income tax expense on the Statements of Operations. During the reporting period, the Funds did not incur any interest or penalties.

 

SECURITY TRANSACTIONS AND INVESTMENT INCOME — Security transactions are accounted for on the trade date for financial reporting purposes. Costs used in determining realized gains and losses on the sale of investment securities are based on specific identification. Dividend income is recorded on the ex-dividend date. Interest income is recognized on the accrual basis from the settlement date. Amortization of premiums and accretion of discounts is included in interest income.

 

280

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

FOREIGN CURRENCY TRANSACTIONS AND TRANSLATION — The books and records of the Funds are maintained in U.S. dollars. Investment securities and other assets and liabilities denominated in a foreign currency are translated into U.S. dollars on the date of valuation. Purchases and sales of investment securities, income and expenses are translated into U.S. dollars at the relevant rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate that portion of realized or unrealized gains and losses resulting from changes in the foreign exchange rate from fluctuations arising from changes in the market prices of the securities. These gains and losses are included in net realized and unrealized gains and losses on investments on the Statements of Operations. Net realized and unrealized gains and losses on foreign currency transactions and translations represent net foreign exchange gains or losses from foreign currency spot contracts, disposition of foreign currencies, currency gains or losses realized between trade and settlement dates on securities transactions and the difference between the amount of the investment income and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent amounts actually received or paid.

 

FUTURES CONTRACTS — To the extent consistent with its investment objective and strategies, each Fund may use futures contracts for tactical hedging purposes as well as to enhance the Fund’s returns. Initial margin deposits of cash or securities are made upon entering into futures contracts. The contracts are marked to market daily and the resulting changes in value are accounted for as unrealized gains and losses. Variation margin payments are paid or received, depending upon whether unrealized gains or losses are incurred. When the contract is closed, the Fund records a realized gain or loss equal to the difference between the proceeds from (or cost of) the closing transaction and the amount invested in the contract.

 

Risks of entering into futures contracts include the possibility that there will be an imperfect price correlation between the futures and the underlying securities. It is possible that a lack of liquidity for futures contracts could exist in the secondary market, resulting in an inability to close a position prior to its maturity date. A futures contract involves the risk that the Fund could lose more than the original margin deposit required to initiate a futures transaction.

 

Futures contracts shall be valued at the settlement price established each day by the board of the exchange on which they are traded. The daily settlement prices for financial futures are provided by an independent source.

 

Finally, the risk exists that losses could exceed amounts disclosed on the Statements of Assets and Liabilities. Refer to the Funds’ Schedule of Investments for details regarding open futures contracts as of April 30, 2026, if applicable.

 

281

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

DIVIDENDS AND DISTRIBUTIONS TO SHAREHOLDERS — The Funds distribute their net investment income on a pro rata basis. Any net investment income and net realized capital gains are distributed at least annually. All distributions are recorded on the ex-dividend date.

 

INVESTMENTS IN REITs — With respect to the Funds, dividend income is recorded based on the income included in distributions received from REIT investments using published REIT reclassifications, including some management estimates when actual amounts are not available. Distributions received in excess of these estimated amounts are recorded as a reduction of the cost of investments or reclassified to capital gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year end, and may differ from the estimated amounts.

 

CREATION UNITS — The Funds issue and redeem their shares (“Shares”) on a continuous basis at NAV and only in large blocks of 10,000 Shares, referred to as “Creation Units”. Purchasers of Creation Units (each, an “Authorized Participant”) at NAV must pay a standard creation transaction fee per transaction. The fee is a single charge and will be the same regardless of the number of Creation Units purchased by an Authorized Participant on the same day.

 

An Authorized Participant who holds Creation Units and wishes to redeem at NAV would also pay a standard redemption fee per transaction to the Fund’s Custodian, on the date of such redemption, regardless of the number of Creation Units redeemed that day.

 

If a Creation Unit is purchased or redeemed for cash, an additional variable fee may be charged. The following table discloses Creation Unit breakdown:

 

   Creation
Unit
Shares
  Creation
Fee
  Redemption
Fee
Global X Lithium & Battery Tech ETF  10,000  $600   $600 
Global X SuperDividend® ETF  10,000   700    700 
Global X Social Media ETF  10,000   250    250 
Global X Guru® Index ETF  10,000   250    250 
Global X SuperIncome® Preferred ETF  10,000   250    250 
Global X SuperDividend® U.S. ETF  10,000   150    150 
Global X MSCI SuperDividend® Emerging Markets ETF  10,000   900    900 
Global X SuperDividend® REIT ETF  10,000   250    250 
Global X Renewable Energy Producers ETF  10,000   400    400 
Global X S&P 500® Catholic Values ETF  10,000   1,250    1,250 
Global X MSCI SuperDividend® EAFE ETF  10,000   300    300 
Global X E-commerce ETF  10,000   250    250 
Global X S&P Catholic Values Developed ex-U.S. ETF  10,000   1,900    1,900 
Global X NASDAQ 100® Tail Risk ETF  10,000   250    250 

 

282

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

   Creation
Unit
Shares
  Creation
Fee
  Redemption
Fee
Global X NASDAQ 100® Collar 95-110 ETF  10,000  $300    $300 
Global X S&P 500® Tail Risk ETF  10,000   800     800 
Global X S&P 500® Collar 95-110 ETF  10,000   1,700     1,700 
Global X Rare Earth & Critical Materials ETF  10,000   400     400 
Global X Russell 2000 ETF  10,000   2,500     2,500 
Global X U.S. Electrification ETF  10,000   250     250 
Global X S&P 500® U.S. Market Leaders Top 50 ETF  10,000   250     250 
Global X S&P 500® U.S. Revenue Leaders ETF  10,000   500     500 
Global X S&P 500® Christian Values ETF  10,000   1,400     1,400 
Global X NYSE® 100 ETF  10,000   300     300 

 

CASH OVERDRAFT CHARGES — Per the terms of an agreement with BBH, if a Fund for which BBH is Custodian has a cash overdraft on a given day, it will be assessed an overdraft charge equal to the applicable BBH Base Rate plus 2.00%. Per the terms of an agreement with BNY, if a Fund for which BNY is Custodian has a cash overdraft, it will be charged interest at a rate then charged by BNY to its institutional custody clients in the relevant currency. Cash overdraft charges are included in Custodian Fees Payable on the Statements of Assets and Liabilities and Custodian Fees on the Statements of Operations, if applicable.

 

OPTIONS/SWAPTIONS WRITING/PURCHASING — To the extent consistent with their investment policies, certain Funds may either purchase or write options.

 

When a Fund purchases an option, the premium paid by it is recorded as an asset of the Fund. When a Fund writes an option, an amount equal to the net premium (the premium less the commission) received by the Fund is included in the liability section of the Fund’s Statements of Assets and Liabilities as a deferred credit. The amount of this asset or deferred credit will be subsequently marked-to-market to reflect the current value of the option purchased or written. The current value of the traded option is the last sale price or, in the absence of a sale, the current bid price. If an option purchased by a Fund expires unexercised, the Fund realizes a loss equal to the premium paid. If a Fund enters into a closing sale transaction on an option purchased by it, the Fund will realize a gain if the premium received by the Fund on the closing transaction is more than the premium paid to purchase the option, or a loss if it is less. If an option written by a Fund expires on the stipulated expiration date or if a Fund enters into a closing purchase transaction, it will realize a gain (or loss if the cost of a closing purchase transaction exceeds the net premium received when the option is sold) and the deferred credit related to such option will be eliminated. If an option written by a Fund is exercised, the proceeds of the sale will be increased by the net premium originally received and the Fund will realize a gain or loss.

 

283

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

 

Risks may arise from an imperfect correlation between the change in market value of the securities held and the prices of options relating to the securities purchased or sold and from possible lack of a liquid secondary market for an option. The maximum exposure to loss for any purchased option is limited to the premium initially paid for the option. Written uncovered call options subject a Fund to unlimited risk of loss. Written covered call options limit the upside potential of a security above the strike price. Written put options expose a Fund to risk of loss if the value of the security declines below the strike price.

 

The Global X NASDAQ 100® Tail Risk ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Tail Risk ETF and Global X S&P 500® Collar 95-110 ETF may write call and/or put options that correspond to their respective reference index. By writing a call option, a Fund, in exchange for the premium, foregoes the opportunity for capital appreciation above the strike price should the market price of the underlying security increase. Conversely, by writing a put option, the Fund, in exchange for the premium, accepts the risk of having to purchase a security at a fixed strike price even should the price of the underlying security decrease, exposing the Fund to downside risk in the underlying security.

 

When the written option expires, is terminated or is sold, a Fund will record a gain or loss. The net realized gain or loss on options contracts is reflected in the Statements of Operations and the net unrealized gains/(losses) are included as a component of the net change in unrealized appreciation/(depreciation) on options contracts in the Statements of Operations.

 

SEGMENT REPORTING — The Funds have adopted FASB Update 2023-07, Segment Reporting (Topic 280) — Improvements to Reportable Segment Disclosures (“ASU 2023-07”), with the intent of improving reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, allowing financial statement users to better understand the components of a segment’s profit or loss and assess potential future cash flows for each reportable segment and the entity as a whole, thereby enabling better understanding of how an entity’s segments impact overall performance. The Funds’ adoption of ASU 2023-07 impacted financial statement disclosures only and did not affect the Funds’ financial position or results of operations.

 

The Trust’s Chief Financial Officer acts as each Fund’s Chief Operating Decision Maker (“CODM”) and is responsible for assessing performance and allocating resources with respect to the Funds. The CODM has concluded that each Fund operates as a single operating segment since each Fund has a single investment strategy as disclosed in its prospectus, against which the CODM assesses performance. The financial information provided to and reviewed by the CODM is presented within each Fund’s financial statements.

 

284

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS

 

On July 2, 2018, the Adviser consummated a transaction pursuant to which it became an indirect, wholly-owned subsidiary of Mirae Asset Global Investments Co., Ltd. (“Mirae”). In this manner, the Adviser is ultimately controlled by Mirae.

 

The Adviser serves as the investment adviser and the administrator for the Funds. Subject to the supervision of the Board, the Adviser is responsible for managing the investment activities of the Funds and the Funds’ business affairs and other administrative matters and provides, or causes to be furnished, all supervisory, administrative and other services reasonably necessary for the operation of the Funds, including certain distribution services (provided pursuant to a separate distribution agreement), certain shareholder and distribution-related services (provided pursuant to a separate Rule 12b-1 Plan and related agreements) and investment advisory services (provided pursuant to a separate Investment Advisory Agreement), under what is essentially an “all-in” fee structure.

 

For the Adviser’s service to the respective Funds, under a supervision and administration agreement (the “Supervision and Administration Agreement”), each Fund pays a monthly fee to the Adviser at the annual rate below (stated as a percentage of each Fund’s respective average daily net assets) (the “Supervision and Administration Fee”). In addition, the Funds bear other expenses, directly and indirectly, that are not covered by the Supervision and Administration Agreement, which may vary and affect the total expense ratios of the Funds, such as taxes, brokerage fees, commissions, certain Custodian fees, acquired fund fees, and other transaction expenses, interest expenses and extraordinary expenses (such as litigation and indemnification expenses).

 

285

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

 

The following table discloses supervision and administration fees payable pursuant to the Supervision and Administration Agreement:

 

    Supervision and
Administration Fee
     
Global X Lithium & Battery Tech ETF   0.75%
Global X SuperDividend® ETF(1)   0.58%
Global X Social Media ETF   0.65%
Global X Guru® Index ETF   0.75%
Global X SuperIncome® Preferred ETF   0.48%
Global X SuperDividend® U.S. ETF   0.45%
Global X MSCI SuperDividend® Emerging Markets ETF   0.65%
Global X SuperDividend® REIT ETF   0.58%
Global X Renewable Energy Producers ETF   0.65%
Global X S&P 500® Catholic Values ETF   0.29%
Global X MSCI SuperDividend® EAFE ETF   0.55%
Global X E-commerce ETF   0.50%
Global X S&P 500® Catholic Values Developed ex-U.S. ETF   0.35%
Global X NASDAQ 100® Tail Risk ETF   0.25%
Global X NASDAQ 100® Collar 95-110 ETF   0.25%
Global X S&P 500® Tail Risk ETF   0.25%
Global X S&P 500® Collar 95-110 ETF   0.25%
Global X Rare Earth & Critical Materials ETF   0.59%
Global X Russell 2000 ETF   0.08%
Global X U.S. Electrification ETF   0.50%
Global X S&P 500® U.S. Market Leaders Top 50 ETF   0.29%
Global X S&P 500® U.S. Revenue Leaders ETF   0.19%
Global X S&P 500® Christian Values ETF   0.29%
Global X NYSE® 100 ETF   0.09%

 

(1) Pursuant to an Expense Limitation Agreement, the Adviser has contractually agreed to reimburse or waive fees and/or limit expenses for the Global X SuperDividend® ETF to the extent necessary to assure that the operating expenses of the Global X SuperDividend® ETF (exclusive of taxes, brokerage fees, commissions, and other transaction expenses and extraordinary expenses (such as litigation and indemnification expenses)) will not exceed 0.58% of the average daily net assets of the Global X SuperDividend® ETF per year until at least March 1, 2027.

 

286

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

 

SEI Investments Global Funds Services (“SEIGFS”) serves as sub-administrator to the Funds. As sub-administrator, SEIGFS provides the Funds with all required general administrative services, including, without limitation: office space, equipment, and personnel; clerical and general back office services; bookkeeping, internal accounting and secretarial services; the calculation of NAV; and assistance with the preparation and filing of reports, registration statements, proxy statements, and other materials required to be filed or furnished by the Funds under federal and state securities laws. As compensation for these services, SEIGFS receives certain out-of-pocket costs, transaction fees and asset-based fees which are accrued daily and paid monthly by the Adviser.

 

SEI Investments Distribution Co. (“SIDCO”) serves as the Funds’ underwriter and distributor of Creation Units pursuant to a distribution agreement (the “Distribution Agreement”). SIDCO has no obligation to sell any specific quantity of Shares of the Funds.

 

SIDCO bears the following costs and expenses relating to the distribution of Shares: (i) the costs of processing and maintaining records of creations of Creation Units; (ii) all costs of maintaining the records required of a registered broker/dealer; (iii) the expenses of maintaining its registration or qualification as a dealer or broker under federal or state laws; (iv) filing fees; and (v) all other expenses incurred in connection with the distribution services as contemplated in the Distribution Agreement. SIDCO receives no fee from the Funds for its distribution services under the Distribution Agreement; rather, the Adviser compensates SIDCO for certain expenses, out-of-pocket costs, and transaction fees.

 

BBH serves as Custodian and Transfer Agent of the Global X Guru® Index ETF, Global X SuperIncome® Preferred ETF, Global X S&P 500® Catholic Values ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Collar 95-110 ETF, Global X Russell 2000 ETF, Global X U.S. Electrification ETF, Global X S&P 500® U.S. Market Leaders Top 50 ETF, Global X S&P 500® U.S. Revenue Leaders ETF, Global X S&P 500® Christian Values ETF and the Global X NYSE® 100 ETF. For the Funds for which it serves as Custodian, BBH has agreed to (i) make receipts and disbursements of money on behalf of the Funds; (ii) collect and receive all income and other payments and distributions on account of the Funds’ portfolio investments; (iii) respond to correspondence from shareholders, security brokers and others relating to its duties; and (iv) make periodic reports to the Funds concerning the Funds’ operations. BBH does not exercise any supervisory function over the purchase and sale of securities. As compensation for these services, BBH receives certain out-of-pocket costs, transaction fees and asset-based fees which are accrued daily and paid monthly by the Adviser from its fees. For the Funds which it serves as transfer agent, BBH has agreed to (i) issue and redeem Shares of each Fund; (ii) make dividend and other distributions to shareholders of each Fund; (iii) respond to correspondence by shareholders and others relating to its duties; (iv) maintain shareholder accounts; and (v) make periodic reports to the Funds. As compensation for these services, BBH receives

 

287

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

 

certain out-of-pocket costs, transaction fees and asset-based fees which are accrued daily and paid monthly by the Adviser from its fees.

 

For all Funds other than the Global X Guru® Index ETF, Global X SuperIncome® Preferred ETF, Global X S&P 500® Catholic Values ETF, Global X NASDAQ 100® Collar 95-110 ETF, Global X S&P 500® Collar 95-110 ETF and the Global X Russell 2000 ETF, BNY serves as Custodian and Transfer Agent to the Trust on behalf of the Funds. As Custodian, BNY may appoint domestic and foreign sub-custodians and use depositories from time to time to hold securities and other instruments purchased by the Trust in foreign countries and to hold cash and currencies for the Trust on behalf of the Funds. Under its transfer agency agreement with the Trust, BNY has undertaken with the Trust to provide the following services with respect to the Funds for which it serves as Transfer Agent: (i) perform and facilitate the performance of purchases and redemptions of Creation Units, (ii) prepare and transmit by means of Depository Trust Company’s (“DTC”) book-entry system payments for dividends and distributions on or with respect to the Shares declared by the Trust on behalf of the Funds, as applicable, (iii) prepare and deliver reports, information and documents as specified in the transfer agency agreement, (iv) perform the customary services of a Transfer Agent and dividend disbursing agent, and (v) render certain other miscellaneous services as specified in the transfer agency agreement or as otherwise agreed upon.

 

4. INVESTMENT TRANSACTIONS

 

For the period ended April 30, 2026, the purchases and sales of investments in securities, excluding in-kind transactions, long-term U.S. Government and short-term securities were:

 

   Purchases  Sales and
Maturities
Global X Lithium & Battery Tech ETF  $291,843,450   $152,105,106 
Global X SuperDividend® ETF   664,167,148    572,499,183 
Global X Social Media ETF   27,721,205    32,120,593 
Global X Guru® Index ETF   33,599,128    34,279,679 
Global X SuperIncome® Preferred ETF   47,853,567    48,691,205 
Global X SuperDividend® U.S. ETF   225,208,414    238,168,617 
Global X MSCI SuperDividend® Emerging Markets ETF   9,826,545    8,208,232 
Global X SuperDividend® REIT ETF   107,419,325    104,518,882 
Global X Renewable Energy Producers ETF   2,513,781    2,445,368 
Global X S&P 500® Catholic Values ETF   20,958,859    23,090,654 
Global X MSCI SuperDividend® EAFE ETF   8,212,766    4,912,660 
Global X E-commerce ETF   4,301,148    4,467,417 
Global X S&P Catholic Values Developed ex-U.S. ETF   2,304,199    1,555,318 
Global X NASDAQ 100® Tail Risk ETF   291,525    898,139 
Global X NASDAQ 100® Collar 95-110 ETF   359,838    914,733 
Global X S&P 500® Tail Risk ETF   41,545    446,794 
Global X S&P 500® Collar 95-110 ETF   37,312    526,076 
Global X Rare Earth & Critical Materials ETF   12,224,395    3,536,696 

 

288

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

4. INVESTMENT TRANSACTIONS (continued)

 

   Purchases  Sales and
Maturities
Global X Russell 2000 ETF  $  78,648,740   $  84,137,202 
Global X U.S. Electrification ETF   16,117,216    16,639,399 
Global X S&P 500® U.S. Market Leaders Top 50 ETF   109,287    72,532 
Global X S&P 500® U.S. Revenue Leaders ETF   86,729    107,126 
Global X S&P 500® Christian Values ETF   107,866    105,434 
Global X NYSE® 100 ETF   352,140    12,497 

 

During the period ended April 30, 2026, there were no purchases or sales of long-term U.S. Government securities for the Funds.

 

For the period ended April 30, 2026, in-kind transactions associated with creations and redemptions were:

 

   Purchases  Sales  Realized
Gain (Loss)
Global X Lithium & Battery Tech ETF  $90,548,835   $133,407,126   $72,649,225 
Global X SuperDividend® ETF     228,939,688      176,331,840    53,953,948 
Global X Social Media ETF       25,771,363    6,078,548 
Global X Guru® Index ETF   24,474,746    25,004,981    7,368,434 
Global X SuperIncome® Preferred ETF   33,720,569    39,739,742    7,969,124 
Global X SuperDividend® U.S. ETF   127,538,051    83,838,354    19,371,256 
Global X MSCI SuperDividend® Emerging Markets ETF   1,145,330    723,499    204,637 
Global X SuperDividend® REIT ETF   42,215,993    22,806,159    4,124,634 
Global X Renewable Energy Producers ETF   1,444,101    878,711    (2,225)
Global X S&P 500® Catholic Values ETF   104,341,550    47,662,224    29,094,859 
Global X MSCI SuperDividend® EAFE ETF   12,411,070    8,615,357    2,460,490 
Global X E-commerce ETF   4,254,768    23,555,898    5,909,157 
Global X S&P Catholic Values Developed ex-U.S. ETF   16,595,038         
Global X NASDAQ 100® Tail Risk ETF   917,285    536,092    185,771 
Global X NASDAQ 100® Collar 95-110 ETF   1,166,003         
Global X S&P 500® Tail Risk ETF   1,328,320         
Global X S&P 500® Collar 95-110 ETF            
Global X Rare Earth & Critical Materials ETF   25,944,407    5,846,652    2,322,546 
Global X Russell 2000 ETF   285,401,621    376,540,002      125,480,527 
Global X U.S. Electrification ETF   212,939,605    64,552,452    13,254,953 
Global X S&P 500® U.S. Market Leaders Top 50 ETF    277,105    321,902    38,241 
Global X S&P 500® U.S. Revenue Leaders ETF   286,659    270,887    51,255 
Global X S&P 500® Christian Values ETF   2,449,954         
Global X NYSE® 100 ETF   3,258,944         

 

5. DERIVATIVE TRANSACTIONS

 

The following tables show the derivatives categorized by underlying risk exposure.

 

289

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

5. DERIVATIVE TRANSACTIONS (continued)

 

The following tables show the fair value of the derivative financial instruments and the location in the Statements of Assets and Liabilities categorized by underlying risk exposure as of April 30, 2026.

 

   Asset Derivatives         Liability Derivatives    
      Fair Value         Fair Value 
                  
Global X SuperDividend® ETF            
Equity contracts  Unrealized appreciation on Futures Contracts  $285,084*  Equity contracts  Unrealized depreciation on Futures Contracts  $ *
Total Derivatives not accounted for as hedging instruments  $285,084         $ 
                    
Global X MSCI SuperDividend® Emerging Markets ETF                
Equity contracts  Unrealized appreciation on Futures Contracts  $513*  Equity contracts  Unrealized depreciation on Futures Contracts  $*
Total Derivatives not accounted for as hedging instruments  $513         $ 
                    
Global X NASDAQ 100® Tail Risk ETF                
Equity contracts  Investments, at value  $8,835**  Equity contracts  Options written, at value  $ 
Total Derivatives not accounted for as hedging instruments  $8,835         $ 
                    
Global X NASDAQ 100® Collar 95-110 ETF                
Equity contracts   Investments, at value  $10,549**  Equity contracts  Options written, at value  $230,670 
Total Derivatives not accounted for as hedging instruments  $10,549         $230,670 
                    
Global X S&P 500® Tail Risk ETF                
Equity contracts  Investments, at value  $8,849**  Equity contracts  Options written, at value  $ 
Total Derivatives not accounted for as hedging instruments  $8,849         $ 

 

290

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

5. DERIVATIVE TRANSACTIONS (continued)

 

   Asset Derivatives         Liability Derivatives    
      Fair Value         Fair Value 
                 
Global X S&P 500® Collar 95-110 ETF                
Equity contracts  Investments, at value  $7,658**  Equity contracts  Options written, at value  $79,038 
Total Derivatives not accounted for as hedging instruments  $7,658         $79,038 
                    
Global X Russell 2000 ETF                
Equity contracts  Unrealized appreciation on Futures Contracts  $56,766*  Equity contracts   Unrealized depreciation on Futures Contracts  $*
Total Derivatives not accounted for as hedging instruments  $56,766         $ 

 

*Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedules of Investments. Only current day’s variation margin, if any, is reported within the Statements of Assets and Liabilities.

**Includes purchased options and/or swaptions.

 

The effect of derivative instruments on the Statements of Operations for the period ended April 30, 2026:

 

Amount of realized gain (loss) on derivatives reported within the income section of Statements of Operations:

 

   Purchased
Options
   Written
Options
   Futures Contracts 
Global X SuperDividend® ETF            
Equity contracts  $   $   $181,008 
 
Global X MSCI SuperDividend® Emerging Markets ETF               
Equity contracts  $   $   $2,195 
 
Global X SuperDividend® REIT ETF               
Equity contracts  $   $   $30,016 
 
Global X MSCI SuperDividend® EAFE ETF               
Equity contracts  $   $   $10,329 
 
Global X NASDAQ 100® Tail Risk ETF               
Equity contracts  $(66,543)   $   $ 
 
Global X NASDAQ 100® Collar 95-110 ETF               
Equity contracts  $(137,710)   $42,353   $ 

 

291

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

5. DERIVATIVE TRANSACTIONS (continued)

 

   Purchased
Options
   Written
Options
   Futures Contracts 
Global X S&P 500® Tail Risk ETF            
Equity contracts  $(37,630)   $   $ 
 
Global X S&P 500® Collar 95-110 ETF               
Equity contracts  $   $(78,136)  $ 
 
Global X Russell 2000 ETF               
Equity contracts  $   $   $(198,844)
 
Change in unrealized appreciation (depreciation) on derivatives reported within the income section of Statements of Operations:
 
    Purchased
Options
    Written
Options
    Futures Contracts 
Global X SuperDividend® ETF               
Equity contracts  $   $   $191,937 
 
Global X MSCI SuperDividend® Emerging Markets ETF               
Equity contracts  $   $   $(7,600)
 
Global X SuperDividend® REIT ETF               
Equity contracts  $   $   $132,408 
 
Global X MSCI SuperDividend® EAFE ETF               
Equity contracts  $   $   $(2,463)
 
Global X NASDAQ 100® Tail Risk ETF               
Equity contracts  $(21,727)   $   $ 
 
Global X NASDAQ 100® Collar 95-110 ETF               
Equity contracts  $(59,237)   $(169,863)  $ 
 
Global X S&P 500® Tail Risk ETF               
Equity contracts  $(24,132)   $   $ 
 
Global X S&P 500® Collar 95-110 ETF               
Equity contracts  $(38,434)   $(64,554)  $ 
 
Global X Russell 2000 ETF               
Equity contracts  $   $   $12,616 

 

292

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

5. DERIVATIVE TRANSACTIONS (continued)

 

The following table discloses the average monthly balances of the Funds’ futures activity during the period ended April 30, 2026:

 

     Average Notional
Balance Short
   Average Notional
Balance Long
 
  Global X SuperDividend® ETF   $-    $5,688,024 
  Global X MSCI SuperDividend® Emerging Markets ETF   -    162,433 
  Global X MSCI SuperDividend® EAFE ETF   -    147,662 
  Global X SuperDividend® REIT ETF   -    1,041,808 
  Global X Russell 2000 ETF   -    3,615,245 

 

The following table discloses the average monthly balances of the Funds’ options activity during the period ended April 30, 2026:

 

     Average Market
Value Contracts
Written
   Average Market
Value Contracts
Purchased
 
  Global X NASDAQ 100® Tail Risk ETF   $-    $39,052 
  Global X NASDAQ 100® Collar 95-110 ETF   (28,000)    80,174 
  Global X S&P 500® Tail Risk ETF   -    26,161 
  Global X S&P 500® Collar 95-110 ETF   (7,213)    51,171 
  Global X Russell 2000 ETF   -    3,437,122 

 

6. TAX INFORMATION

 

The Global X SuperDividend® REIT ETF has a tax year that ends on December 31. The following tax disclosures are representative as of October 31, 2025. Accordingly, the disclosures are for informational use by shareholders and are subject to changes attributable to activity through the end of the tax year ending December 31, 2025.

 

The amount and character of income and capital gain distributions to be paid, if any, are determined in accordance with Federal income tax regulations, which may differ from U.S. GAAP. As a result, net investment income (loss) and net realized gain (loss) on investment transactions for a reporting period may differ significantly from distributions during such period. These book/tax differences may be temporary or permanent. To the extent these differences are permanent in nature, they are charged or credited to undistributed net investment income (loss), accumulated net realized gain (loss) or paid-in capital, as appropriate, in the period that the differences arise.

 

The tax character of dividends and distributions declared during the years or period ended October 31, 2025 and October 31, 2024 were as follows:

 

Global X Funds  Ordinary
Income
   Long-Term
Capital Gain
   Return of Capital   Totals 
Global X Lithium & Battery Tech ETF              
2025  $6,394,452   $   $   $6,394,452 
2024   22,783,171            22,783,171 

 

293

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

6. TAX INFORMATION (continued)

 

Global X Funds  Ordinary
Income
   Long-Term
Capital Gain
   Return of Capital   Totals 
Global X SuperDividend® ETF              
2025  $88,083,476   $   $   $88,083,476 
2024   82,970,679            82,970,679 
Global X Social Media ETF              
2025  $280,236   $   $   $280,236 
2024   378,226        173,861    552,087 
Global X Guru® Index ETF              
2025  $22,051   $   $63,785   $85,836 
2024   217,907            217,907 
Global X SuperIncome® Preferred ETF              
2025  $9,102,947   $   $   $9,102,947 
2024   9,677,017            9,677,017 
Global X SuperDividend® U.S. ETF              
2025  $43,258,173   $   $   $43,258,173 
2024   38,896,520            38,896,520 
Global X MSCI SuperDividend® Emerging Markets ETF              
2025  $2,052,122   $   $203,005   $2,255,127 
2024   3,099,999            3,099,999 
Global X SuperDividend® REIT ETF              
2025  $13,205,649   $   $5,032,543   $18,238,192 
2024   15,618,158        3,572,605    19,190,763 
Global X Renewable Energy Producers ETF              
2025  $306,303   $   $   $306,303 
2024   604,064            604,064 
Global X S&P 500® Catholic Values ETF              
2025  $9,146,709   $   $   $9,146,709 
2024   8,941,586            8,941,586 
Global X MSCI SuperDividend® EAFE ETF              
2025  $872,114   $   $   $872,114 
2024   677,906            677,906 
Global X E-commerce ETF              
2025  $241,541   $   $   $241,541 
2024   154,261            154,261 
Global X S&P Catholic Values Developed ex-U.S. ETF              
2025  $453,571   $   $   $453,571 
2024   400,397            400,397 
Global X NASDAQ 100® Tail Risk ETF              
2025  $14,683   $   $   $14,683 
2024   10,896            10,896 
Global X NASDAQ 100® Collar 95-110 ETF              
2025  $155,595   $   $   $155,595 
2024   13,700            13,700 
Global X S&P 500® Tail Risk ETF              
2025  $451,558   $   $   $451,558 

 

294

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

6. TAX INFORMATION (continued)

 

Global X Funds  Ordinary
Income
   Long-Term
Capital Gain
   Return of Capital   Totals 
2024   32,910            32,910 
Global X S&P 500® Collar 95-110 ETF                
2025  $316,521   $   $   $316,521 
2024   28,907            28,907 
Global X Rare Earth & Critical Materials ETF                
2025  $61,028   $   $   $61,028 
2024   77,577            77,577 
Global X Russell 2000 ETF                
2025  $21,920,075   $   $   $21,920,075 
2024   5,855,188            5,855,188 
Global X U.S. Electrification ETF                
2025  $1,403,837   $   $   $1,403,837 
Global X S&P 500® U.S. Market Leaders Top 50 ETF                
2025  $4,415   $   $   $4,415 
Global X S&P 500® U.S. Revenue Leaders ETF            
2025  $4,713   $   $   $4,713 
Global X S&P 500® Christian Values ETF              
2025  $   $   $   $ 

 

295

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

6. TAX INFORMATION (continued)

 

As of October 31, 2025, the components of tax basis distributable earnings (accumulated losses) were as follows:

 

   Global X
Lithium &
Battery Tech
ETF
  Global X
SuperDividend®
ETF
  Global X Social
Media ETF
  Global X Guru®
Index ETF
Undistributed Ordinary Income  $4,033,926   $1,252,297   $307,487   $ 
Capital Loss Carryforwards   (1,007,060,358)   (899,379,788)   (124,189,047)   (23,444,543)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency   65,319,861    (5,429,998)   (17,194,091)   7,574,951 
Late Year Loss Deferral               (2,335)
Other Temporary Differences   (13)   (20)       (8)
Total Accumulated Losses  $(937,706,584)  $(903,557,509)  $(141,075,651)  $(15,871,935)
                     
   Global X
SuperIncome®
Preferred ETF
  Global X
SuperDividend®
U.S. ETF
  Global X MSCI
SuperDividend®
Emerging
Markets ETF
  Global X
SuperDividend®
REIT ETF(1)
Undistributed Ordinary Income  $721,719   $1,245,508   $   $ 
Capital Loss Carryforwards   (116,883,140)   (257,939,506)   (27,585,741)   (295,737,748)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency   1,231,577    (22,481,072)   1,913,806    (5,461,342)
Late Year Loss Deferral               (321,606)
Other Temporary Differences   7    13        (1,556,075)
Total Accumulated Losses  $(114,929,837)  $(279,175,057)  $(25,671,935)  $(303,076,771)
                     
   Global X
Renewable
Energy
Producers ETF
  Global X S&P
500® Catholic
Values ETF
  Global X MSCI
SuperDividend®
EAFE ETF
  Global X
E-commerce
ETF
Undistributed Ordinary Income  $204,037   $3,579,296   $282,274   $95,066 
Capital Loss Carryforwards   (22,006,561)   (18,185,420)   (2,584,694)   (42,931,326)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency   (17,613,443)   359,045,362    2,375,403    (1,712,183)
Other Temporary Differences   1    3    (5)   1 
Total Distributable Earnings (Accumulated Losses)  $(39,415,966)  $344,439,241   $72,978   $(44,548,442)

 

296

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

6. TAX INFORMATION (continued)

 

   Global X S&P
Catholic Values
Developed ex-
U.S. ETF
  Global X
NASDAQ 100®
Tail Risk ETF
  Global X
NASDAQ 100®
Collar 95-110
ETF
  Global X S&P
500® Tail Risk
ETF
Undistributed Ordinary Income  $469,428   $503,726   $455,526   $364,062 
Capital Loss Carryforwards   (763,649)            
Unrealized Appreciation on Investments and Foreign Currency   2,082,885             
Other Temporary Differences       (1)   4    (2)
Total Distributable Earnings  $1,788,664   $503,725   $455,530   $364,060 
                     
   Global X S&P
500® Collar 95-
110 ETF
  Global X Rare
Earth & Critical
Materials ETF
  Global X Russell
2000 ETF
  Global X U.S.
Electrification
ETF
Undistributed Ordinary Income  $404,515   $34,751   $3,263,515   $66,601 
Capital Loss Carryforwards       (2,054,586)   (19,192,025)   (1,436,937)
Unrealized Appreciation on Investments and Foreign Currency       1,030,205    139,527,551    15,952,515 
Other Temporary Differences   (1)   (3)        
Total Distributable Earnings (Accumulated Losses)  $404,514   $(989,633)  $123,599,041   $14,582,179 
                     
      Global X S&P
500® U.S.
Market Leaders
Top 50 ETF
  Global X
S&P 500®
U.S. Revenue
Leaders ETF
  Global X S&P
500® Christian
Values ETF
Undistributed Ordinary Income       $15,295   $9,778   $1,344 
Capital Loss Carryforwards        (12,550)   (955)    
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency        (60,948)   116,198    55,808 
Other Temporary Differences            (1)    
Total Distributable Earnings (Accumulated Losses)       $(58,203)  $125,020   $57,152 

 

(1) The Global X SuperDividend® REIT ETF has a tax year that ends on December 31.

 

For taxable years beginning after December 22, 2010, a Registered Investment Company within the meaning of the 1940 Act is permitted to carry forward net capital losses to offset capital gains realized in later years, and the losses carried forward retain their original character as either long-term or short-term losses.

 

297

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

6. TAX INFORMATION (continued)

 

The Federal tax cost basis of investments and aggregate gross unrealized appreciation and depreciation on investments held by the Funds at April 30, 2026 were as follows:

 

Global X Funds  Federal Tax
Cost
  Aggregated
Gross
Unrealized
Appreciation
  Aggregated
Gross
Unrealized
Depreciation
  Net Unrealized
Appreciation
(Depreciation)
Global X Lithium & Battery Tech ETF  $1,338,797,354  $788,510,848  $(66,715,380)  $721,795,468
Global X SuperDividend® ETF  1,277,128,446  123,557,530  (84,017,708)  39,539,822
Global X Social Media ETF  137,376,816  12,639,375  (50,773,677)  (38,134,302)
Global X Guru® Index ETF  55,283,967  6,958,287  (2,986,714)  3,971,573
Global X SuperIncome® Preferred ETF  130,266,329  4,255,006  (2,840,717)  1,414,289
Global X SuperDividend® U.S. ETF  677,140,545  120,437,218  (35,371,276)  85,065,942
Global X MSCI SuperDividend® Emerging Markets ETF  42,151,905  11,411,827  (6,759,897)  4,651,930
Global X SuperDividend® REIT ETF  222,178,585  19,533,613  (6,972,684)  12,560,929
Global X Renewable Energy Producers ETF  43,298,072  5,160,541  (18,069,003)  (12,908,462)
Global X S&P 500® Catholic Values ETF  811,564,996  432,925,496  (33,099,379)  399,826,117
Global X MSCI SuperDividend® EAFE ETF  40,156,682  7,491,361  (164,770)  7,326,591
Global X E-commerce ETF  38,219,685  2,253,905  (10,970,679)  (8,716,774)
Global X S&P Catholic Values Developed ex-U.S. ETF  40,508,486  7,039,995  (2,207,575)  4,832,420
Global X NASDAQ 100® Tail Risk ETF  2,514,382  852,101  (150,767)  701,334
Global X NASDAQ 100® Collar 95-110 ETF  3,459,948  997,967  (257,080)  740,887
Global X S&P 500® Tail Risk ETF  2,730,082  980,563  (146,015)  834,548
Global X S&P 500® Collar 95-110 ETF  2,725,534  814,808  (213,125)  601,683
Global X Rare Earth & Critical Materials ETF  39,522,652  4,842,875  (1,109,731)  3,733,144
Global X Russell 2000 ETF  1,244,187,413  285,501,211  (140,715,407)  144,785,804
Global X U.S. Electrification ETF  391,376,537  56,450,703  (4,398,611)  52,052,092
Global X S&P 500® U.S. Market Leaders Top 50 ETF  1,739,812  136,862  (232,194)  (95,332)
Global X S&P 500® U.S. Revenue Leaders ETF  1,959,785  276,337  (186,905)  89,432
Global X S&P 500® Christian Values ETF  4,837,492  524,582  (229,987)  294,595
Global X NYSE® 100 ETF  3,599,439  115,930  (60,121)  55,809

 

298

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

7. CONCENTRATION OF RISKS

 

The Funds invest in securities of foreign issuers in various countries. These investments may involve certain considerations and risks not typically associated with investments in the United States as a result of, among other factors, the possibility of future political and economic developments, the level of governmental supervision and regulation of securities markets in the respective countries.

 

The securities markets of emerging market countries are less liquid, subject to greater price volatility, and have a smaller market capitalization than the U.S. securities markets. In certain countries, there may be fewer publicly traded securities and the market may be dominated by a few issuers or sectors. Issuers and securities markets in such countries are not subject to as extensive and frequent accounting, financial and other reporting requirements or as comprehensive government regulations as are issuers and securities markets in the United States. In particular, the assets and profits appearing on the financial statements of emerging market country issuers may not reflect their financial position or results of operations in the same manner as financial statements for U.S. issuers. Substantially less information may be publicly available about emerging market country issuers than is available about issuers in the United States.

 

The Funds may be subject to taxes imposed by countries in which they invest. Such taxes are generally based on either income or gains earned or repatriated. The Funds accrue and apply such taxes to net investment income, net realized gains and net unrealized gains as income and/or capital gains are earned.

 

The Adviser uses an indexing approach in seeking to achieve each Fund’s investment objective. Except for the Global X Russell 2000 ETF, which uses a representative sampling strategy, the Funds use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of an underlying index (also known as a secondary index) in approximately the same proportions as in the underlying index. A representative sampling strategy is an indexing strategy that involves investing in a representative sample of securities (including indirect investments through underlying ETFs) that collectively has an investment profile similar to an underlying index in terms of key risk factors, performance attributes and other characteristics. Each Fund may utilize a representative sampling strategy with respect to its underlying index when a replication strategy might be detrimental to its shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow its underlying index, or, in certain instances, when securities in the underlying index become temporarily illiquid, unavailable or less liquid, or due to legal restrictions (such as diversification requirements that apply to a Fund but not its underlying index).

 

Certain Funds may invest in derivative instruments, such as options and futures, which expose the Funds to risks associated with investments in derivative instruments. Some derivatives are more sensitive to interest rate changes and market price fluctuations than

 

299

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

7. CONCENTRATION OF RISKS (continued)

 

other securities. Adverse price movements in a derivative instrument can result in a loss substantially greater than a Fund’s initial investment in that instrument.

 

Certain Funds may invest in commodity related securities, which are susceptible to fluctuations in certain commodity markets. Any negative changes in commodity markets could have a great impact on those securities.

 

Please refer to each Fund’s prospectus and statement of additional information (“SAI”) for a more complete description of risks.

 

8. LOANS OF PORTFOLIO SECURITIES

 

Mitsubishi UFJ Trust and Banking Corporation (“MUFJ”) is the securities lending agent for the Global X Guru® Index ETF, Global X SuperIncome® Preferred ETF, Global X S&P 500® Catholic Values ETF, Global X Russell 2000 ETF and the Global X U.S. Electrification ETF.

 

BNY (together with MUFJ, each a “Securities Lending Agent”) serves as the Securities Lending Agent for Global X Lithium & Battery Tech ETF, Global X SuperDividend® ETF, Global X Social Media ETF, Global X SuperDividend® U.S. ETF, Global X MSCI SuperDividend® Emerging Markets ETF, Global X SuperDividend®REIT ETF, Global X Renewable Energy Producers ETF, and the Global X E-commerce ETF.

 

Each Fund may lend portfolio securities having a market value up to one-third of its total assets. Security loans made pursuant to securities lending agreements with MUFJ and BNY are initially required to be secured by collateral equal to at least 102% of the value of domestic equity securities and American Depositary Receipts (“ADRs”) and 105% of the value of foreign equity securities (other than ADRs). Such collateral received in connection with these loans will be cash and can be invested in repurchase agreements, short-term investments or U.S. Treasury obligations, and is recognized in the Schedules of Investments and Statements of Assets and Liabilities. The obligation to return securities lending collateral is also recognized as a liability in the Statements of Assets and Liabilities. It is each Fund’s policy to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan.

 

Securities pledged as collateral for repurchase agreements held in the Funds are held by the Custodian of the applicable Fund and are designated as being held on each Fund’s behalf under a book-entry system. The Funds monitor the adequacy of the collateral on a daily basis and can require the seller to provide additional collateral in the event the market value of the securities pledged falls below the carrying value of the repurchase agreement, including accrued interest. It is each Fund’s policy to only enter into repurchase

 

300

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

8. LOANS OF PORTFOLIO SECURITIES (continued)

 

agreements with banks and other financial institutions which are deemed by the Adviser to be creditworthy. The Funds bear the risk of loss in the event the other party to a repurchase agreement defaults on its obligations and the Fund are prevented from exercising their rights to dispose of the underlying securities received as collateral and the risk of a possible decline in the value of the underlying securities during the period. For financial statement purposes, the Funds record the securities lending collateral (including in repurchase agreements, at value or restricted cash) as an asset and the obligation to return securities lending collateral as a liability on the Statements of Assets and Liabilities.

 

Cash collateral received in connection with securities lending is invested in repurchase agreements and short-term investments by the lending agent. The Funds do not have effective control of the non-cash collateral and therefore it is not disclosed in the Funds’ Schedule of Investments.

 

Securities lending transactions are entered into by the Funds under the Securities Lending Agreement, which permits a Fund, under certain circumstances such as an event of default, to offset amounts payable by the Fund to the same counterparty against amounts receivable from the counterparty to create a net payment due to or from the Fund.

 

Income from securities lending is determined by the amount of interest earned on collateral, net of any rebate and securities lending agent fees.

 

The following is a summary of securities on loan by the Funds, with cash collateral of overnight maturities and non-cash collateral, which would be subject to offset as of April 30, 2026.

 

   Gross Amount
of Recognized
Assets (Value
of Securities on
Loan)
  Value of Cash
Collateral
Received(1)
  Value of
Non-Cash
Collateral
Received(1)
  Net
Amount(2)
Global X Lithium & Battery Tech ETF  $25,359,353   $12,574,445   $12,784,908   $ 
Global X SuperDividend® ETF     67,587,287    52,656,155    14,931,132     
Global X Social Media ETF   8,182,543    7,339,730    786,795    56,018 
Global X Guru® Index ETF   870,755    870,755         
Global X SuperIncome® Preferred ETF   2,264,245    2,264,245         
Global X SuperDividend® U.S. ETF   23,057,670    13,750,309    9,307,361     
Global X MSCI SuperDividend® Emerging Markets ETF   1,097,906    1,097,906         

 

301

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

8. LOANS OF PORTFOLIO SECURITIES (continued)

 

   Gross Amount
of Recognized
Assets (Value
of Securities on
Loan)
  Value of Cash
Collateral
Received(1)
  Value of
Non-Cash
Collateral
Received(1)
  Net
Amount(2)
Global X SuperDividend® REIT ETF   627,517    578,854    48,663     
Global X S&P 500® Catholic Values ETF   372,118    372,118         
Global X E-commerce ETF   494,924    273,605    221,319     
Global X Russell 2000 ETF   29,018,029    28,299,409        718,620 

 

(1)  Collateral and non-cash collateral received in excess of market value of securities on loan is not presented in this table. The total cash collateral received by the Fund is disclosed in the Statements of Assets and Liabilities.
(2)  The Fund adjusts collateral with the borrower by the next business day after valuing loaned securities. As a result, collateral may briefly fall below the value of securities on loan.

 

The value of loaned securities and related collateral outstanding at April 30, 2026 are shown in the Schedules of Investments. The value of the collateral held may be temporarily less than that required under the lending contract. As of April 30, 2026, the cash collateral was invested in repurchase agreements and the non-cash collateral consisted of U.S. Treasury Bills, Notes, Bonds and U.S. Treasury Inflation Indexed Bonds with the following maturities:

 

   Overnight
and
Continuous
  <30 Days  Between
30 & 90
Days
  >90 Days  Total
Global X Lithium & Battery Tech ETF                         
Repurchase Agreements  $12,574,445   $   $   $   $12,574,445 
U.S. Government Securities       18,499    17,487    12,824,283    12,860,269 
Total  $12,574,445   $18,499   $17,487   $12,824,283   $25,434,714 
Global X SuperDividend® ETF                         
Repurchase Agreements  $52,656,155   $   $   $   $52,656,155 
U.S. Government Securities           156,464    17,572,099    17,728,563 
Total  $52,656,155   $   $156,464   $17,572,099   $70,384,718 
Global X Social Media ETF                         
Repurchase Agreements  $7,339,730   $   $   $   $7,339,730 
U.S. Government Securities           3,002    783,793    786,795 
Total  $7,339,730   $   $3,002   $783,793   $8,126,525 

 

302

 

Notes to Financial Statements (Continued)

April 30, 2026 (Unaudited)

 

 

8. LOANS OF PORTFOLIO SECURITIES (continued)

 

   Overnight
and
Continuous
  <30 Days  Between
30 & 90
Days
  >90 Days  Total
Global X SuperDividend® U.S. ETF                         
Repurchase Agreements  $13,750,309   $   $   $   $13,750,309 
U.S. Government Securities           54,204    9,313,439    9,367,643 
Total  $13,750,309   $   $54,204   $9,313,439   $23,117,952 
Global X MSCI SuperDividend® Emerging Markets ETF                         
Repurchase Agreements  $1,160,596   $   $   $   $1,160,596 
Total  $1,160,596   $   $   $   $1,160,596 
Global X Renewable Energy Producers ETF                         
Repurchase Agreements  $578,854   $   $   $   $578,854 
Total  $578,854   $   $   $   $578,854 
Global X E-commerce ETF                         
Repurchase Agreements  $273,605   $   $   $   $273,605 
U.S. Government Securities       915    5,945    353,689    360,549 
Total  $273,605   $915   $5,945   $353,689   $634,154 

 

9. REVERSE STOCK SPLIT

 

The Board of the Trust approved a reverse share split of one to three (1:3) of the issued and outstanding shares of the Global X SuperDividend® ETF, Global X MSCI SuperDividend® Emerging Markets ETF and Global X SuperDividend® REIT ETF, (the “Reverse Share Split”). The Reverse Share Split was completed after the close of business on December 19, 2022. The effect of this transaction for each Fund was to divide the number of outstanding Shares of the Fund by three, resulting in a corresponding increase in the NAV per Share. The per share data in the financial highlights for each of the years in the period then ended, have been given retroactive effect to reflect these reverse share splits. There were no changes in net assets, results of operations or total return as a result of these transactions.

 

The Board of the Trust approved a reverse share split of one to three (1:3) of the issued and outstanding shares of the Global X Renewable Energy Producers ETF, (the “Reverse Share Split”). The Reverse Share Split was completed after the close of business on August 29, 2025. The effect of this transaction for each Fund was to divide the number of outstanding

 

Shares of the Fund by three, resulting in a corresponding increase in the NAV per Share. The capital share activity presented on the Statements of Changes in Net Assets for each of the years in the period then ended, and the per share data in the financial highlights for each of the years in the period then ended, have been given retroactive effect to reflect

 

303

 

Notes to Financial Statements (Concluded)

April 30, 2026 (Unaudited)

 

 

9. REVERSE STOCK SPLIT (continued)

 

these reverse share splits. There were no changes in net assets, results of operations or total return as a result of these transactions.

 

10. CONTRACTUAL OBLIGATION

 

The Funds enter into contracts in the normal course of business that contain a variety of indemnifications. The Funds’ maximum exposure under these contracts is unknown; however, the Funds have not had prior gains or losses pursuant to these contracts. Management has reviewed the Funds’ existing contracts and expects the risk of loss to be remote.

 

Pursuant to the Trust’s organizational documents, the Trustees of the Trust (the “Trustees”) and the Trust’s officers are indemnified against certain liabilities that may arise out of the performance of their duties.

 

11. RECENT ACCOUNTING PRONOUNCEMENT

 

In this reporting period, the Funds adopted FASB issued Accounting Standards Update 2023-09 (“ASU 2023-09”), Income Taxes (Topic 740) Improvements to Income Tax Disclosures, which amends quantitative and qualitative income tax disclosure requirements in order to increase disclosure consistency, bifurcate income tax information by jurisdiction and remove information that is no longer beneficial. Adoption of the new standard impacted financial statement disclosures only and did not affect any Funds’ financial position or the results of its operations.

 

12. SUBSEQUENT EVENTS

 

The Funds have been evaluated by management regarding the need for additional disclosures and/or adjustments resulting from subsequent events. Based on this evaluation, no additional adjustments were required to the financial statements.

 

304

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

 

Not applicable.

 

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

 

There were no matters submitted to a vote of shareholders during the period covered by this report.

 

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

 

(1)    No remuneration was paid by the company during the period covered by the report to any Trustees on the company’s Board of Trustees for regular compensation.

 

(2)    No remuneration was paid by the company during the period covered by the report to any Trustees on the company’s Board of Trustees for special compensation.

 

(3)    No remuneration was paid by the company during the period covered by the report to any Officers of the company.

 

(4)    No remuneration was paid by the company during the period covered by the report to any Officer or Trustee of the company who is an affiliated person.

 

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

 

Section 15(c) of the Investment Company Act of 1940, as amended (“1940 Act”), requires that the board of trustees of an exchange-traded fund (“ETF”), including a majority of those trustees who are not “interested persons” of the ETF, as defined in the 1940 Act (“Independent Trustees”), consider on an initial basis and periodically thereafter (as required by the 1940 Act), at an in person meeting called for such purpose, the terms of each ETF’s investment advisory agreement and whether to approve entering into, or renewing, each agreement.

 

At a Board meeting (the “New Fund Board Meeting”) of the Global X Funds (the “Trust”) held on January 28, 2026, with respect to the Global X NYSE® 100 ETF (the “New Fund”), the Board of Trustees (the “Board”) (including the Trust’s Independent Trustees, voting separately) considered and unanimously approved (i) the initial Investment Advisory Agreement (the “New Investment Advisory Agreement”); and (ii) the initial Supervision and Administration Agreement (the “New Supervision and Administration Agreement”) between the Trust, on behalf of the New Fund, and Global X Management Company LLC (“Global X Management”). The New Investment Advisory Agreement and New Supervision and Administration Agreement are referred to collectively as the “New Fund Agreements.”

 

At a Board meeting of the Trust held on November 20, 2025 (the “November Board Meeting” and together with the New Fund Board Meeting, the “Board Meetings”), called

 

305

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

for such purpose, the Board (including the Trust’s Independent Trustees, voting separately) considered and unanimously approved the continuation of (i) the Investment Advisory Agreement (“Renewal Investment Advisory Agreement”) for each Fund included in this Form N-CSR other than the Global X NYSE® 100 ETF (each, a “Renewal Fund” and together, the “Renewal Funds”); and (ii) the Supervision and Administration Agreement (“Renewal Supervision and Administration Agreement”) between the Trust, on behalf of each Renewal Fund, and Global X Management. The Renewal Investment Advisory Agreement and the Renewal Supervision and Administration Agreement are referred to herein as the “Renewal Agreements.”

 

In advance of the Board Meetings, the Board (including the Trust’s Independent Trustees) and the Independent Trustees’ independent legal counsel requested (in writing) detailed information from Global X Management in connection with the Board’s consideration of the Renewal Agreements and New Fund Agreements, and received and reviewed written responses from Global X Management, as well as supporting materials relating to those requests for information. In the course of their consideration of the Renewal Agreements and New Fund Agreements, the Trust’s Independent Trustees were advised by their independent legal counsel and, in addition to meetings with management of Global X Management, the Independent Trustees met separately in executive sessions with their counsel.

 

NEW FUND AGREEMENTS

 

In determining to approve the New Fund Agreements for the New Fund, the Board considered a variety of factors, including the factors discussed in greater detail below.

 

Nature, Extent and Quality of Services

 

The Board considered the nature, extent and quality of all of the services (including advisory, administrative and compliance services) that are proposed to be provided by Global X Management or made available to the New Fund. With respect to this factor, the Board considered:

 

the terms of the New Fund Agreements and the range of services proposed to be provided to the New Fund in accordance with the New Fund Agreements;
   
Global X Management’s key personnel and the portfolio managers who would provide investment advisory, supervision and administrative services to the New Fund;
   
Global X Management’s responsibilities under the New Fund Agreements to, among other things, (i) manage the investment operations of the New Fund and the composition of the New Fund’s assets, including the purchase, retention and disposition of its holdings, (ii) provide quarterly reports to the Trust’s officers and the Board and other reports as the Board deems necessary or appropriate, (iii) vote proxies, exercise consents, and exercise all other rights relating to securities and assets held by the New Fund, (iv) select broker-dealers to execute portfolio transactions for the

 

306

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

  New Fund when necessary, (v) assist in the preparation and filing of reports and proxy statements (if any) to the shareholders of the New Fund, and the periodic updating of the registration statements, prospectuses, statements of additional information, and other reports and documents for the New Fund that are required to be filed by the Trust with the U.S. Securities and Exchange Commission (“SEC”) and other regulatory or governmental bodies, and (vi) monitor anticipated purchases and redemptions of the shares (including Creation Units) of the New Fund by shareholders and new investors;
   
the New Fund’s investment strategies and Global X Management’s experience with such strategies, including with respect to any unique aspect of its strategies; and
   
the quality of Global X Management’s resources and personnel that would be made available to the New Fund, including Global X Management’s experience and the professional qualifications of Global X Management’s key personnel.

 

Based on these considerations, the Board concluded at the New Fund Board Meeting that it was satisfied with the nature, extent and quality of the services proposed to be provided to the New Fund by Global X Management.

 

Performance

 

The Board determined that, because the New Fund had not yet begun investment operations as of the dates of the New Fund Board Meeting, meaningful data relating to the investment performance of the New Fund was not available and, therefore, could not be a factor in approving the New Fund Agreements.

 

Cost of Services and Profitability

 

The Board considered Global X Management’s expected costs to provide investment management, supervision and administrative and related services to the New Fund. With respect to this factor, the Board considered:

 

the management fee (including the proposed investment advisory fee) (“Management Fee”) that was proposed to be borne by the New Fund under the respective New Fund Agreement for the various investment advisory, supervisory and administrative services that the New Fund requires under a unitary fee structure (including the types of fees and expenses that are not included within the unitary fee and would be borne by the New Fund); and
   
the expected profitability to Global X Management, if any, from all of the services proposed to be provided to the New Fund by Global X Management and all aspects of the relationship between Global X Management and the New Fund.

 

Based on these considerations, the Board concluded that the proposed Management Fee to be paid by the New Fund to Global X Management, in light of the nature, extent and

 

307

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

quality of the services to be provided, was reasonable and in the best interests of the New Fund’s shareholders.

 

Comparison of Fees and Services

 

The Board considered the fees that were proposed to be charged to the New Fund for advisory services. With respect to this factor, the Board considered:

 

comparative information with respect to the proposed Management Fee to be paid to Global X Management by the New Fund. In connection with this consideration, Global X Management provided the Board with comparative expense data for the New Fund, including fees and expenses paid by unaffiliated similar specialized and/ or focused ETFs, and/or other similar registered funds. The Board considered Global X Management’s detailed explanation of the proposed fee structures of the New Fund compared to the average and median of the New Fund’s peer group. The Board noted that the New Fund’s proposed Management Fee and expected total expenses were each 7 basis points lower than the peer group average and 9 basis points lower than the peer group median and that Global X Management believed the proposed fees and expenses were appropriate and within the range of the fees and expenses of comparable funds;
   
the structure of the proposed unitary Management Fee (which includes as one component the proposed investment advisory fee for the New Fund) and the expected total expense ratios for the New Fund. In this regard, the Board took into consideration that the purpose of adopting a unitary Management Fee structure for the New Fund was to create a simple, all-inclusive fee that would provide a level of predictability with respect to the overall expense ratios (i.e., the total fees) of the New Fund and that the proposed Management Fee for the New Fund was set at a competitive level to make the New Fund viable in the marketplace; and
   
that, under the proposed unified Management Fee structure, Global X Management would be responsible for most ordinary expenses of the New Fund, including the costs of various third-party services required by the New Fund, including investment advisory, administrative, audit, certain custody, portfolio accounting, legal, transfer agency and printing costs, but that the New Fund would bear other expenses not covered under the proposed all-inclusive Management Fee, such as taxes, brokerage fees, commissions, and other transaction expenses, interest expenses, and extraordinary expenses.

 

Based on these considerations, the Board concluded at the New Fund Board Meeting that the services to be received and the fees to be charged under the applicable New Fund Agreements were reasonable on a comparative basis.

 

308

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

Economies of Scale

 

The Board considered the extent to which economies of scale would be realized as the New Fund grows and whether the proposed unitary Management Fee for the New Fund reflected these economies of scale. With respect to this factor, the Board considered:

 

the significant investment of time, personnel and other resources that Global X Management intends to make in the New Fund in seeking to assure that the New Fund is attractive to investors; and
   
that the proposed unitary Management Fee would provide a high level of certainty as to the total level of expenses for the New Fund and its shareholders.

 

Based on these considerations, the Board concluded at the New Fund Board Meeting that the proposed unitary Management Fee for the New Fund appropriately addressed economies of scale.

 

Other Benefits

 

In considering the New Fund Agreements, in addition to the factors discussed above, the Board considered other benefits that may be realized by Global X Management as a result of its relationship with the New Fund.

 

Conclusion

 

After full consideration of the factors above, as well as other factors that were instructive in their consideration, the Board, including all of the Trust’s Independent Trustees voting separately, concluded, in the exercise of its business judgement, that the New Fund Agreements were fair and reasonable and in the best interest of the New Fund.

 

In reaching this decision, the Board did not assign relative weights to the factors above nor did the Board deem any one factor or group of them to be controlling in and of themselves. Each member of the Board may have assigned different weights to the various factors.

 

RENEWAL AGREEMENTS

 

In determining to approve the continuation of the Renewal Agreements for each Renewal Fund, the Board considered a variety of factors, including the factors discussed in greater detail below.

 

Nature, Extent and Quality of Services

 

The Board considered the nature, extent and quality of all of the services (including advisory, administrative and compliance services) that have been provided by Global X Management or made available to the Renewal Funds. With respect to this factor, the Board considered:

 

the terms of the Renewal Agreements and the range of services that would continue

 

309

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

  to be provided to each Renewal Fund in accordance with the Renewal Agreements;
   
Global X Management’s key personnel and the portfolio managers who would continue to provide investment advisory, supervision and administrative services to each Renewal Fund;
   
Global X Management’s responsibilities under the Renewal Agreements, among other things, to: (i) manage the investment operations of the Renewal Funds and the composition of the Renewal Funds’ assets, including the purchase, retention and disposition of their holdings, (ii) provide quarterly reports to the Trust’s officers and the Board and other reports as the Board deems necessary or appropriate, (iii) vote proxies, exercise consents, and exercise all other rights relating to securities and assets held by the Renewal Funds, (iv) select broker-dealers to execute portfolio transactions for the Renewal Funds when necessary, (v) assist in the preparation and filing of reports and proxy statements (if any) to the shareholders of the Renewal Funds, and the periodic updating of the registration statement, prospectuses, statements of additional information, and other reports and documents for the Renewal Funds that are required to be filed by the Trust with the SEC and other regulatory and governmental bodies, and (vi) monitor anticipated purchases and redemptions of the shares (including Creation Units) of the Renewal Funds by shareholders and new investors;
   
each Renewal Fund’s investment strategies and, to the extent that a Renewal Fund invests in unique types of investments, Global X Management’s experience in investing in such instruments and the additional services required to implement such investments; and
   
the quality of Global X Management’s resources and personnel that would continue to be made available to the Renewal Funds, including Global X Management’s experience and the professional qualifications of Global X Management’s key personnel.

 

Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to the Renewal Funds by Global X Management.

 

Performance

 

The Board considered the performance of each Renewal Fund. They examined the performance of the Renewal Funds for the one-, three-, and five-year or since-inception periods, as applicable. Also, the Board considered the total return and investment performance of the Renewal Funds relative to (i) the performance of unaffiliated comparable ETFs and/or other registered funds, which performance information is publicly available from such registered funds, as well as other third-party sources; and (ii) the performance of pertinent indexes. The Board considered instances of underperformance and overperformance with respect to the competitor funds. Specifically, the Board considered:

 

the performance of each Renewal Fund in absolute terms and compared to its broad-based and additional performance benchmark or underlying index (as applicable) for

 

310

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

  the one-, three-, and five-year or since-inception periods;
   
the tracking error of the Renewal Funds and the performance of each Renewal Fund compared against its underlying index. To the extent that a Renewal Fund experienced significant tracking error, the Board considered Global X Management’s explanation for such tracking error, including whether the Renewal Fund uses a replication strategy or a representative sampling strategy to seek investment results that correspond to the underlying index, the frequency with which the Renewal Fund’s underlying index is rebalanced, and whether the Renewal Fund participates in a securities lending program; and
   
the impact of prevailing market conditions on the performance of each Renewal Fund in light of its investment objective.

 

With respect to the following Renewal Funds, the Board noted that:

 

the Global X Lithium & Battery Tech ETF had returned negative performance for the three-year period ending September 30, 2025, but that the Renewal Fund’s performance was positive for the one- and five-year periods and that for each of those periods, the Renewal Fund’s performance was in line with that of its underlying index;
   
the Global X Renewable Energy Producers ETF had returned negative performance for the three- and five-year periods ending September 30, 2025, but that the Renewal Fund’s performance was positive for the one-year period and that for each of those periods, the Renewal Fund’s performance was in line with that of its underlying index; and
   
as of September 30, 2025, the Global X S&P 500 Christian Values ETF was a new fund with limited performance history and that meaningful data relating to the investment performance of that Renewal Fund was not available.

 

Based on these considerations and comparisons, the Board concluded that the investment performance of the Renewal Funds did not adversely affect the Board’s approval of the continuance of the Renewal Agreements.

 

Cost of Services and Profitability

 

The Board considered Global X Management’s cost to provide investment management, supervision and administrative and related services to the Renewal Funds. In this regard, the Board considered the management fee (“Management Fee”) that has been borne or is expected to be borne by the Renewal Funds under the Renewal Agreements for the various investment advisory, supervisory and administrative services that the Renewal Funds require under a unitary fee structure (including the types of fees and expenses that are not included within the unitary fee and would be borne by the Renewal Funds). The Board also considered that, for certain Renewal Funds that had invested in affiliated acquired funds, Global X Management bore the costs of such acquired fund fees and expenses.

 

311

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

In addition, the Board considered expected profitability to Global X Management, as applicable, from all services provided or expected to be provided to the Renewal Funds and all aspects of Global X Management’s relationship with the Renewal Funds. In connection with these considerations, Global X Management provided the Board with financial information regarding its operations and the services provided to the Renewal Funds and discussed with the Board its current and expected profitability, as applicable, with respect to the Renewal Funds.

 

Based on these considerations, the Board concluded that the Management Fee rate paid by the Renewal Funds to Global X Management, in light of the nature, extent and quality of the services provided, was reasonable and in the best interests of each Renewal Fund’s shareholders.

 

Comparison of Fees and Services

 

The Board considered fees charged to the Renewal Funds for advisory services. With respect to this factor, the Board considered:

 

comparative information with respect to the Management Fee paid to Global X Management by the Renewal Funds. In connection with this consideration, Global X Management provided the Board with comparative expense data for the Renewal Funds, including fees and expenses paid by unaffiliated similar specialized and/or focused ETFs and/or other comparable registered funds;
   
the structure of the unitary Management Fee (which includes as one component the investment advisory fee for the Renewal Funds) and the current total expense ratios for the Renewal Funds. In this regard, the Board took into consideration the competitive market of each Renewal Fund and that the purpose of adopting a unitary Management Fee structure for the Renewal Funds was to create a simple, all-inclusive fee that would provide a level of predictability with respect to the overall expense ratio (i.e., the total fees) of the Renewal Funds and that the proposed Management Fee for each Renewal Fund was set at a competitive level to make the Renewal Funds viable in the marketplace; and
   
that, under the unified Management Fee structure, Global X Management is responsible for most ordinary expenses of the Renewal Funds, including the costs of various third-party services required by the Renewal Funds, including investment advisory, administrative, audit, certain custody, portfolio accounting, legal, transfer agency and printing costs, but that each Renewal Fund would bear other expenses not covered under the proposed all-inclusive Management Fee, such as taxes, brokerage fees, commissions, and other transaction expenses, interest expenses, and extraordinary expenses.

 

With respect to the following Renewal Funds, the Board noted that:

 

the Global X Lithium & Battery Tech ETF’s Management Fee and total expenses

 

312

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

  were each 23 basis points higher than the peer group average, respectively, and 22 basis points higher than the peer group median, respectively, and that Global X Management believed the fees and expenses were appropriate in light of the Renewal Fund’s global exposure and access to unique markets compared to the peer group;
   
the Global X SuperDividend ETF’s Management Fee was 5 basis points higher than the peer group average and 9 basis points higher than the peer group median and its total expenses were 3 basis points higher than the peer group average and 2 basis points higher than the peer group median, and that Global X Management had agreed to extend the expense limitation in place for the Renewal Fund and believed the fees and expenses were within the range of the fees and expenses of the comparable funds;
   
the Global X Social Media ETF’s Management Fee was 7 basis points higher than the peer group average and 15 basis points higher than the peer group median and its total expenses were 4 basis points higher than the peer group average and 8 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were within the range of the fees and expenses of the comparable funds;
   
the Global X Guru Index ETF’s Management Fee was 21 basis points higher than the peer group average and 27 basis points higher than the peer group median and its total expenses were 17 basis points higher than the peer group average and 25 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the Renewal Fund’s differentiated approach, and that the fees and expenses were within the range of the comparable funds;
   
the Global X SuperDividend U.S. ETF’s Management Fee was 12 basis points higher than each of the peer group average and median and its total expenses were 4 basis points higher than the peer group average and 8 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund and were within the range of the fees and expenses of the comparable funds;
   
the Global X SuperDividend Emerging Markets ETF’s Management Fee was 15 basis points higher than the peer group average and 10 basis points higher than the peer group median and its total expenses were 16 basis points higher than the peer group average and 11 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund;
   
the Global X SuperDividend REIT ETF’s Management Fee was 20 basis points higher than the peer group average and 15 basis points higher than the peer group median and its total expenses were 19 basis points higher than the peer group average and 14 basis points higher than the peer group median and that Global X Management believed the fees and expenses were appropriate in light of the unique methodology applied by the

 

313

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

  Renewal Fund;
   
the Global X Renewable Energy Producers ETF’s Management Fee was 16 basis points higher than the peer group average and 15 basis points higher than the peer group median and its total expenses were 9 basis points higher than each of the peer group average and median, and that Global X Management believed the fees and expenses were appropriate in light of the unique exposure of the Renewal Fund and were within the range of the fees and expenses of the comparable funds;
   
the Global X MSCI SuperDividend EAFE ETF’s Management Fee was 21 basis points higher than the peer group average and 15 basis points higher than the peer group median and its total expenses were 20 basis points higher than the peer group average and 15 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the unique methodology utilized by the Renewal Fund;
   
the Global X U.S. Electrification ETF’s Management Fee was 1 basis point higher than the peer group average and equal to the peer group median and its total expenses were 6 basis points below each of the peer group average and median, and that Global X Management believed the fees and expenses were appropriate in light of the unique exposure of the Renewal Fund and were within the range of the fees and expenses of the comparable funds;
   
the Global X S&P 500 U.S. Market Leaders Top 50 ETF’s Management Fee was equal to the peer group average and 10 basis points higher than the peer group median and its total expenses were 1 basis point lower than the peer group average and 10 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the Renewal Fund’s unique approach to screening securities and were within the range of the fees and expenses of the comparable funds; and
   
the Global X S&P 500 U.S. Revenue Leader ETF’s Management Fee was 9 basis points lower than the peer group average and 4 basis points higher than the peer group median and its total expenses were 8 basis points lower than the peer group average and 3 basis points higher than the peer group median, and that Global X Management believed the fees and expenses were appropriate in light of the Renewal Fund’s unique approach to screening securities and were within the range of the fees and expenses of the comparable funds.

 

Based on these considerations, the Board concluded that the services received and the fees charged under the Renewal Agreements were reasonable on a comparative basis.

 

Economies of Scale

 

The Board considered the existence of any economies of scale and the extent to which economies of scale would be realized as the Renewal Funds grow and whether the unitary

 

314

 

Other Information (Form N-CSRS Items 8-11) (Unaudited)

 

Management Fee for the Renewal Funds reflected these economies of scale, including through the implementation of expense limitations. With respect to this factor, the Board also considered:

 

the significant investment of time, personnel and other resources that Global X Management has made and intends to continue to make in the Renewal Funds in seeking to assure that the Renewal Funds are attractive to investors;
   
with respect to the Global X SuperDividend ETF, that Global X Management had agreed to extend the expense limitation in place for the Renewal Fund; and
   
that the unitary Management Fee would provide a high level of certainty as to the total level of expenses for the Renewal Funds and their shareholders.

 

Based on these considerations, the Board concluded that the unitary Management Fee for the Renewal Funds appropriately addressed economies of scale.

 

Other Benefits

 

In considering the Renewal Agreements, in addition to the factors above, the Board considered any other benefits realized by Global X Management as a result of its relationships with the Renewal Funds.

 

Conclusion

 

After full consideration of the factors above, as well as other factors that were instructive in its consideration, the Board, including all of the Trust’s Independent Trustees voting separately, concluded, in the exercise of its business judgement, that the Renewal Agreements were fair and reasonable and in the best interest of each Renewal Fund.

 

In reaching this decision, the Board did not assign relative weights to the factors above nor did the Board deem any one factor or group of them to be controlling in and of themselves. Each member of the Board may have assigned different weights to the various factors.

 

315

 

 

605 3rd Avenue, 43rd Floor
New York, NY 10158
1-888-493-8631
www.globalxetfs.com

 

Investment Adviser and Administrator:
Global X Management Company LLC
605 3rd Avenue, 43rd Floor
New York, NY 10158

 

Distributor:

SEI Investments Distribution Co.
One Freedom Valley Drive
Oaks, PA 19456

 

Sub-Administrator:

SEI Investments Global Funds Services
One Freedom Valley Drive
Oaks, PA 19456

 

Counsel for Global X Funds and the Independent Trustees:

Stradley Ronon Stevens & Young, LLP
2000 K Street, N.W.
Suite 700
Washington, DC 20006

 

Custodians and Transfer Agents:

Brown Brothers Harriman & Co.
40 Water Street
Boston, MA 02109

 

The Bank of New York Mellon
240 Greenwich Street
New York, NY 10286

 

Independent Registered Public Accounting Firm:

PricewaterhouseCoopers LLP
Two Commerce Square
Suite 1800
2001 Market Street
Philadelphia, PA 19103

 

This information must be preceded or accompanied by a current prospectus for the Funds described.

 

GLX-SA-003-1600

 

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

 

Included under Item 7.

 

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

 

Included under Item 7.

 

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

 

Included under Item 7.

 

Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

 

Included under Item 7.

 

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

 

Not applicable to open-end management investment companies.

 

Item 13. Portfolio Managers of Closed-End Management Investment Companies.

 

Not applicable to open-end management investment companies.

 

Item 14. Purchases of Equity Securities by Closed-End Management Company and Affiliated Purchasers.

 

Not applicable to open-end management investment companies.

 

Item 15. Submission of Matters to a Vote of Security Holders.

 

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors.

 

Item 16. Controls and Procedures.

 

(a) The certifying officers, whose certifications are included herewith, have evaluated the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act) within 90 days of the filing date of this report. In their opinion, based on their evaluation, the registrant’s disclosure controls and procedures are adequately designed, and are operating effectively to ensure, that information required to be disclosed by the registrant in the reports it files or submits under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

 

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

 

Not applicable.

 

Item 18. Recovery of Erroneously Awarded Compensation.

 

(a) Not applicable.

 

(b) Not applicable.

 

Item 19. Exhibits.

 

(a)(1) Not applicable.

 

(a)(2) Not applicable.

 

(a)(3) A separate certification for the principal executive officer and the principal financial officer of the registrant, as required by Rule 30a-2(a) under the Act (17 CFR § 270.30a-2(a)), are filed herewith.

 

(a)(4) Not applicable.

 

(a)(5) Not applicable.

 

(b) Officer certifications as required by Rule 30a-2(b) under the Investment Company Act of 1940, as amended, also accompany this filing as exhibits.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

(Registrant) Global X Funds  
     
By (Signature and Title) /s/ Ryan O’Connor  
  Ryan O’Connor
Principal Executive Officer
 

 

Date: July 9, 2026

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title) /s/ Ryan O’Connor  
  Ryan O’Connor
Principal Executive Officer
 

 

Date: July 9, 2026

 

By (Signature and Title) /s/ Eric Olsen  
  Eric Olsen
Principal Financial Officer
 

 

Date: July 9, 2026

 
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