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Global X Adaptive U.S. Factor ETF (AUSF)

44.07 +0.61 (+1.40%)
At close: November 21 at 3:59 PM EST

ETF Summary

The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility.

ETF Overview

Category Mid-Cap Value
Fund Family Global X Funds
Net Assets 332.99M
YTD Daily Total Return 19.69%
Yield 2.02%
Legal Type Exchange Traded Fund

ETF Operations

Attributes AUSF Category Average
Annual Report Expense Ratio (net) 0.27% 0.97%
Holdings Turnover 234.57% 53.57%
Total Net Assets 39,092.01 39,092.01

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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