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    <link:label id="lab_ck0001432353_CapitalizationRiskLargeCapitalizationCompaniesRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CapitalizationRiskLargeCapitalizationCompaniesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalization Risk, Large-Capitalization Companies Risk Member</link:label>
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    <link:label id="lab_ck0001432353_ValuationRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_ValuationRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Risk Member</link:label>
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    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Large Shareholder Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:to="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsLargeShareholderRiskMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Tracking Error Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember" xlink:to="lab_ck0001432353_IndexingStrategyRiskTrackingErrorRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000280945Member_label_en-US" xlink:label="lab_ck0001432353_C000280945Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Asia Defense Tech ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000280945Member_documentation_en-US" xlink:label="lab_ck0001432353_C000280945Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Asia Defense Tech ETF Class</link:label>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheMachineryIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheMachineryIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Machinery Industry Member</link:label>
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    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember_label_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Listing Standards Risk Member</link:label>
    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Listing Standards Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:to="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsListingStandardsRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_GlobalXFundsMember_label_en-US" xlink:label="lab_ck0001432353_GlobalXFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Funds Member</link:label>
    <link:label id="lab_ck0001432353_GlobalXFundsMember_documentation_en-US" xlink:label="lab_ck0001432353_GlobalXFundsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Funds Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GlobalXFundsMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_GlobalXFundsMember"/>
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    <link:label id="lab_ck0001432353_NewFundRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_NewFundRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New Fund Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_NewFundRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_NewFundRiskMember"/>
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    <link:label id="lab_ck0001432353_GeographicRiskMember_label_en-US" xlink:label="lab_ck0001432353_GeographicRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Risk Member</link:label>
    <link:label id="lab_ck0001432353_GeographicRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_GeographicRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GeographicRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_GeographicRiskMember"/>
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    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInHongKongMember_documentation_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInHongKongMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Hong Kong Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GeographicRiskRiskOfInvestingInHongKongMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_GeographicRiskRiskOfInvestingInHongKongMember"/>
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    <link:label id="lab_ck0001432353_AssetClassRiskMember_label_en-US" xlink:label="lab_ck0001432353_AssetClassRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk Member</link:label>
    <link:label id="lab_ck0001432353_AssetClassRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AssetClassRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssetClassRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_AssetClassRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssetClassRiskMember" xlink:to="lab_ck0001432353_AssetClassRiskMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ck0001432353_OutboundInvestmentRestrictionsRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_OutboundInvestmentRestrictionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Outbound Investment Restrictions Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_OutboundInvestmentRestrictionsRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_OutboundInvestmentRestrictionsRiskMember"/>
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    <link:label id="lab_ck0001432353_IssuerRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_IssuerRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Issuer Risk Member</link:label>
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    <link:label id="lab_ck0001432353_CapitalizationRiskSmallCapitalizationCompaniesRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CapitalizationRiskSmallCapitalizationCompaniesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalization Risk, Small-Capitalization Companies Risk Member</link:label>
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    <link:label id="lab_ck0001432353_FocusRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_FocusRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskMember" xlink:to="lab_ck0001432353_FocusRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskMember_label_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk Member</link:label>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_IndexingStrategyRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_IndexingStrategyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_IndexingStrategyRiskMember" xlink:to="lab_ck0001432353_IndexingStrategyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_InternationalClosedMarketTradingRiskMember_label_en-US" xlink:label="lab_ck0001432353_InternationalClosedMarketTradingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">International Closed Market Trading Risk Member</link:label>
    <link:label id="lab_ck0001432353_InternationalClosedMarketTradingRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_InternationalClosedMarketTradingRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">International Closed Market Trading Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_InternationalClosedMarketTradingRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_InternationalClosedMarketTradingRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_InternationalClosedMarketTradingRiskMember" xlink:to="lab_ck0001432353_InternationalClosedMarketTradingRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AffiliatedIndexProviderRiskMember_label_en-US" xlink:label="lab_ck0001432353_AffiliatedIndexProviderRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Affiliated Index Provider Risk Member</link:label>
    <link:label id="lab_ck0001432353_AffiliatedIndexProviderRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AffiliatedIndexProviderRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Affiliated Index Provider Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AffiliatedIndexProviderRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_AffiliatedIndexProviderRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AffiliatedIndexProviderRiskMember" xlink:to="lab_ck0001432353_AffiliatedIndexProviderRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_TradingHaltRiskMember_label_en-US" xlink:label="lab_ck0001432353_TradingHaltRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Halt Risk Member</link:label>
    <link:label id="lab_ck0001432353_TradingHaltRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_TradingHaltRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trading Halt Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_TradingHaltRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_TradingHaltRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_TradingHaltRiskMember" xlink:to="lab_ck0001432353_TradingHaltRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Aerospace And Defense Industry Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Aerospace And Defense Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAerospaceAndDefenseIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_CybersecurityRiskMember_label_en-US" xlink:label="lab_ck0001432353_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cybersecurity Risk Member</link:label>
    <link:label id="lab_ck0001432353_CybersecurityRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CybersecurityRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cybersecurity Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_CybersecurityRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_CybersecurityRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_CybersecurityRiskMember" xlink:to="lab_ck0001432353_CybersecurityRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember_label_en-US" xlink:label="lab_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associated Risks Related To Investing In Defense Tech Companies Member</link:label>
    <link:label id="lab_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember_documentation_en-US" xlink:label="lab_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Associated Risks Related To Investing In Defense Tech Companies Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember" xlink:to="lab_ck0001432353_AssociatedRisksRelatedToInvestingInDefenseTechCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember_label_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Index-Related Risk Member</link:label>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Index-Related Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember" xlink:to="lab_ck0001432353_IndexingStrategyRiskIndexRelatedRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_MarketRiskMember_label_en-US" xlink:label="lab_ck0001432353_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Risk Member</link:label>
    <link:label id="lab_ck0001432353_MarketRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_MarketRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_MarketRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_MarketRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_MarketRiskMember" xlink:to="lab_ck0001432353_MarketRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember_label_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds Member</link:label>
    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember_documentation_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_RisksAssociatedWithExchangeTradedFundsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember" xlink:to="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskManagementRiskMember_label_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Management Risk Member</link:label>
    <link:label id="lab_ck0001432353_IndexingStrategyRiskManagementRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_IndexingStrategyRiskManagementRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indexing Strategy Risk, Management Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_IndexingStrategyRiskManagementRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_IndexingStrategyRiskManagementRiskMember"/>
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    <link:label id="lab_ck0001432353_OperationalRiskMember_label_en-US" xlink:label="lab_ck0001432353_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operational Risk Member</link:label>
    <link:label id="lab_ck0001432353_OperationalRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_OperationalRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operational Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_OperationalRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_OperationalRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_OperationalRiskMember" xlink:to="lab_ck0001432353_OperationalRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000109820Member_label_en-US" xlink:label="lab_ck0001432353_S000109820Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Asia Defense Tech ETF</link:label>
    <link:label id="lab_ck0001432353_S000109820Member_documentation_en-US" xlink:label="lab_ck0001432353_S000109820Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Asia Defense Tech ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000109820Member" xlink:href="ck0001432353-20261013.xsd#ck0001432353_S000109820Member"/>
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    <link:label id="lab_ck0001432353_CashTransactionRiskMember_label_en-US" xlink:label="lab_ck0001432353_CashTransactionRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Transaction Risk Member</link:label>
    <link:label id="lab_ck0001432353_CashTransactionRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CashTransactionRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Transaction Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_CashTransactionRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_CashTransactionRiskMember"/>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Industrials Sector Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Industrials Sector Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember_label_en-US" xlink:label="lab_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Equity Securities Risk Member</link:label>
    <link:label id="lab_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Equity Securities Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_AssetClassRiskEquitySecuritiesRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember" xlink:to="lab_ck0001432353_AssetClassRiskEquitySecuritiesRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember_label_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Emerging Markets Member</link:label>
    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember_documentation_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Emerging Markets Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember" xlink:to="lab_ck0001432353_GeographicRiskRiskOfInvestingInEmergingMarketsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember_label_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Market Trading Risks And Premium/Discount Risks Member</link:label>
    <link:label id="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember_documentation_en-US" xlink:label="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risks Associated With Exchange-Traded Funds, Market Trading Risks And Premium/Discount Risks Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:to="lab_ck0001432353_RisksAssociatedWithExchangeTradedFundsMarketTradingRisksAndPremiumDiscountRisksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_CapitalizationRiskMember_label_en-US" xlink:label="lab_ck0001432353_CapitalizationRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalization Risk Member</link:label>
    <link:label id="lab_ck0001432353_CapitalizationRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CapitalizationRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalization Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_CapitalizationRiskMember" xlink:href="ck0001432353-20261013.xsd#ck0001432353_CapitalizationRiskMember"/>
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    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInTaiwanMember_documentation_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInTaiwanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Taiwan Member</link:label>
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