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AIQ

Artificial Intelligence & Technology ETF

Morningstar Rating™ - Overall rating out of 227 Technology funds, based on risk-adjusted returns as of 10/31/2023

Reasons to Consider AIQ

High Growth Potential

Forecasts suggest the global artificial intelligence market could increase tenfold from $30bn in 2020 to $300bn by 2026.1

Structural Tailwinds

Artificial intelligence is still maturing. As it improves, it could unlock untold opportunity for new applications.

Unconstrained Approach

Artificial intelligence spans multiple segments, and its most innovative companies include both household names and newcomers from around the world. AIQ invests accordingly, without regard for sector or geography.

1Fortune Business Insights, Sep 2021

Key Information As of 11/22/23

Inception Date 05/11/18
Total Expense Ratio 0.68%
Net Assets $752.38 million
NAV $29.53
Fact Sheet View the document

ETF Summary

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to invest in companies that potentially stand to benefit from the further development and utilization of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.

ETF Objective

The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence & Big Data Index.

Trading Details As of 11/22/23

Ticker AIQ
Bloomberg Index Ticker IAIQ
CUSIP 37954Y632
ISIN US37954Y6326
Primary Exchange Nasdaq
Shares Outstanding 25,480,002
Number of Holdings 87
30-Day Median Bid-Ask Spread 0.07%

Distributions As of 11/22/23

30-Day SEC Yield 0.23%
Distribution Frequency Semi-Annually

ETF Prices As of 11/22/23

NAV $29.53 Daily Change $0.08 0.27%
Market Price $29.58 Daily Change $0.12 0.41%

Performance History

As of recent
(09/30/23)
As of recent
(09/30/23)
Fund NAV Market Price Index
1 Year 41.17% 40.92% 42.07%
3 Years 5.15% 5.02% 5.70%
5 Years 11.74% 11.71% 12.22%
Since Inception 11.97% 11.96% 12.46%
1 Year 33.46% 33.51% 34.25%
3 Years 4.49% 4.57% 5.01%
5 Years 14.05% 14.09% 14.52%
Since Inception 11.15% 11.19% 11.62%
Year-to-Date 33.73% 34.03% 34.45%
1 Month -5.77% -5.81% -5.69%
3 Months -3.44% -3.76% -3.21%
Since Inception 83.99% 83.86% 88.32%
Year-to-Date 29.66% 30.29% 30.37%
1 Month -3.04% -2.79% -3.03%
3 Months -11.70% -11.71% -11.54%
Since Inception 78.39% 78.74% 82.61%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 11/24/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.76 INTC INTEL CORP 2463247 43.96 660,516 29,036,283.36
3.49 ADBE ADOBE INC 2008154 619.43 43,421 26,896,270.03
3.38 NOW SERVICENOW INC B80NXX8 673.90 38,691 26,073,864.90
3.34 META META PLATFORMS INC B7TL820 338.23 76,133 25,750,464.59
3.32 GOOGL ALPHABET INC-CL A BYVY8G0 136.69 187,182 25,585,907.58
3.28 AMZN AMAZON.COM INC 2000019 146.74 172,655 25,335,394.70
3.26 NFLX NETFLIX INC 2857817 479.56 52,438 25,147,167.28
3.25 IBM IBM 2005973 155.18 161,774 25,104,089.32
3.20 MSFT MICROSOFT CORP 2588173 377.43 65,328 24,656,747.04
3.12 NVDA NVIDIA CORP 2379504 477.76 50,400 24,079,104.00
3.08 ACN ACCENTURE PLC-CL A B4BNMY3 334.04 71,063 23,737,884.52
2.98 QCOM QUALCOMM INC 2714923 127.75 180,156 23,014,929.00
2.92 005930 KS SAMSUNG ELECTRON 6771720 54.89 410,103 22,508,810.89
2.89 AAPL APPLE INC 2046251 189.97 117,214 22,267,143.58
2.88 ORCL ORACLE CORP 2661568 116.25 190,842 22,185,382.50
2.87 CRM SALESFORCE INC 2310525 224.38 98,567 22,116,463.46
2.85 SIE GR SIEMENS AG-REG 5727973 165.04 133,289 21,998,051.09
2.81 700 HK TENCENT HOLDINGS LTD BMMV2K8 41.22 525,643 21,664,457.27
2.67 CSCO CISCO SYSTEMS INC 2198163 48.36 426,441 20,622,686.76
2.64 TSLA TESLA INC B616C79 235.45 86,323 20,324,750.35
2.48 BABA ALIBABA GRP-ADR BP41ZD1 78.49 243,444 19,107,919.56
2.32 UBER UBER TECHNOLOGIES INC BK6N347 55.32 323,470 17,894,360.40
1.74 SHOP SHOPIFY INC - CLASS A BXDZ9Z0 70.35 191,224 13,452,608.40
1.69 SNPS SYNOPSYS INC 2867719 542.69 24,070 13,062,548.30
1.60 3690 HK MEITUAN-CLASS B BGJW376 14.00 883,015 12,361,586.82
1.53 CDNS CADENCE DESIGN SYS INC 2302232 270.61 43,695 11,824,303.95
1.48 000660 KS SK HYNIX INC 6450267 97.98 116,371 11,402,371.49
1.31 TRI THOMSON REUTERS CORP BNBXPB4 138.79 72,554 10,069,769.66
1.08 NXPI NXP SEMICONDUCTORS NV B505PN7 200.12 41,553 8,315,586.36
1.02 WDAY WORKDAY INC-CLASS A B8K6ZD1 236.61 33,250 7,867,282.50
1.00 IFX GR INFINEON TECHNOLOGIES AG 5889505 36.88 209,092 7,712,166.09
0.87 STMMI IM STMICROELECTRONICS NV 5962343 45.73 146,247 6,688,534.74
0.75 WKL NA WOLTERS KLUWER 5671519 137.95 41,694 5,751,808.81
0.71 BIDU BAIDU INC - SPON ADR B0FXT17 123.40 44,618 5,505,861.20
0.70 EXPN LN EXPERIAN PLC B19NLV4 36.72 146,525 5,380,099.33
0.70 GEHC GE HEALTHCARE TECHNOLOGY BL6JPG8 73.71 72,709 5,359,380.39
0.69 DDOG DATADOG INC - CLASS A BKT9Y49 112.87 46,948 5,299,020.76
0.65 ROK ROCKWELL AUTOMATION INC 2754060 273.00 18,306 4,997,538.00
0.62 6702 JP FUJITSU LIMITED 6356945 141.30 33,778 4,772,818.63
0.62 TTD TRADE DESK INC-A BD8FDD1 67.27 70,682 4,754,778.14
0.58 ZS ZSCALER INC BZ00V34 193.09 23,221 4,483,742.89
0.58 6954 JP FANUC CORP 6356934 27.49 161,250 4,432,878.50
0.52 SPLK SPLUNK INC B424494 151.93 26,126 3,969,323.18
0.46 EBAY EBAY INC 2293819 41.48 85,336 3,539,737.28
0.42 HPE HEWLETT PACKA BYVYWS0 15.83 204,963 3,244,564.29
0.38 INFA INFORMATICA INC - CLASS A BMG95P4 24.66 119,958 2,958,164.28
0.38 CYBR CYBERARK SOFTWAR BQT3XY6 193.49 14,965 2,895,577.85
0.37 STX SEAGATE TECHNOLO BKVD2N4 76.08 37,128 2,824,698.24
0.35 SNAP SNAP INC - A BD8DJ71 12.52 215,981 2,704,082.12
0.35 BAH BOOZ ALLEN HAMIL B5367T7 128.15 20,939 2,683,332.85
0.35 3661 TT ALCHIP TECHNOLOGIES LTD B4TPSL0 96.46 27,690 2,670,878.07
0.34 BZ KANZHUN LTD - ADR BM91SH0 17.96 144,064 2,587,389.44
0.33 WIX WIX.COM LTD BFZCHN7 96.21 26,486 2,548,218.06
0.33 STNE STONECO LTD-A BGKG6M3 14.50 173,950 2,522,275.00
0.33 6701 JP NEC CORP 6640400 53.84 46,580 2,508,069.96
0.32 FRSH FRESHWORKS INC-CL A BPF0BB7 18.89 132,089 2,495,161.21
0.32 HUBB HUBBELL INC BDFG6S3 300.53 8,241 2,476,667.73
0.32 ERIC ERICSSON (LM) TEL-SP ADR 2031730 4.97 491,154 2,441,035.38
0.30 PATH UIPATH INC - CLASS A BMD02L5 18.35 127,777 2,344,707.95
0.30 CCCS CCC INTELLIGENT BP4CXL8 11.51 202,953 2,335,989.03
0.30 SMCI SUPER MICRO COMPUTER INC B1VQR35 285.67 8,162 2,331,638.54
0.30 OKTA OKTA INC BDFZSP1 73.25 31,688 2,321,146.00
0.30 TWLO TWILIO INC - A BD6P5Q0 63.04 36,093 2,275,302.72
0.29 2353 TT ACER INC 6005850 1.12 2,011,600 2,258,401.99
0.29 SMAR SMARTSHEET INC-CLASS A BFZND98 41.73 52,856 2,205,680.88
0.28 6502 JP TOSHIBA CORP 6897217 30.77 70,445 2,167,937.16
0.28 PEGA PEGASYSTEMS INC 2675860 52.27 41,246 2,155,928.42
0.27 6526 JP SOCIONEXT INC BMTVX75 92.34 22,716 2,097,551.12
0.27 5803 JP FUJIKURA LTD 6356707 7.67 273,164 2,093,882.77
0.27 TEMN SW TEMENOS AG - REG 7147892 79.36 26,067 2,068,570.23
0.27 TIETO FH TIETOEVRY OYJ 5479702 22.78 90,416 2,059,405.22
0.26 3665 TT BIZLINK HOLDING INC B5SG8Y4 8.43 236,268 1,991,284.83
0.26 G GENPACT LTD B23DBK6 33.61 59,136 1,987,560.96
0.26 AMP IM AMPLIFON SPA B14NJ71 31.09 63,662 1,979,338.83
0.25 2395 TT ADVANTECH CO LTD 6202673 11.01 177,357 1,951,905.76
0.25 TDC TERADATA CORP B247H10 47.27 40,974 1,936,840.98
0.25 IONQ IONQ INC BP484B3 12.36 155,550 1,922,598.00
0.24 DXC DXC TECHNOLOGY CO BYXD7B3 23.07 80,285 1,852,174.95
0.24 ZBRA ZEBRA TECH CORP 2989356 228.92 7,920 1,813,046.40
0.23 PCOR PROCORE TECHNOLOGIES INC BLH11J8 56.80 31,488 1,788,518.40
0.23 XRO AU XERO LTD B8P4LP4 65.58 26,764 1,755,051.07
0.21 3443 TT GLOBAL UNICHIP CORP B056381 52.34 31,200 1,632,991.26
0.21 CASH 1.00 1,600,007 1,600,006.80
0.21 AMBA AMBARELLA INC B7KH3G6 55.82 28,401 1,585,343.82
0.19 VRNT VERINT SYSTEMS INC 2849193 24.68 59,562 1,469,990.16
0.19 CGNX COGNEX CORP 2208288 37.04 39,615 1,467,339.60
0.19 VSAT VIASAT INC 2946243 20.34 71,012 1,444,384.08
0.18 ENV ENVESTNET INC B474ZK7 37.60 36,404 1,368,790.40
0.00 KOREAN WON 0.00 -4 0.00
0.00 TAIWAN DOLLAR 0.00 0 0.00
0.00 JAPANESE YEN 0.01 -3 -0.02
0.00 EURO 1.09 -333 -364.05
-0.07 OTHER PAYABLE & RECEIVABLES 1.00 -504,858 -504,857.99
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/23

Sector Weight (%)
Information Technology 63.2
Communication Services 14.1
Consumer Discretionary 11.6
Industrials 8.9
Financials 1.3
Health Care 1.0

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Packaged Software 22.0
Internet Software/Services 18.4
Information Technology Services 17.3
Semiconductors 11.8
Telecommunications Equipment 9.5
Internet Retail 7.8
Industrial Conglomerates 2.6
Motor Vehicles 2.6
Electrical Products 1.4
Miscellaneous Commercial Services 1.3
Computer Processing Hardware 1.3
Other 4.0

Source: new windowAltaVista Research, LLC

Country Weight (%)
United States 67.6
China 8.7
South Korea 4.5
Ireland 4.1
Germany 3.5
Canada 2.6
Japan 2.4
Netherlands 1.8
Taiwan 1.4
Switzerland 1.1
Israel 0.7
Other 1.6

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 11/22/23

Return on Equity 17.00%
Weighted Avg. Market Cap 452,993 M
2022 2023
Price-to-earnings 29.72 27.92
Price-to-book value 4.85 4.62

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/23

Versus Beta
S&P 500 1.12
NASDAQ-100 0.98
MSCI EAFE 0.96
MSCI Emg. Mkts 0.96
Standard Deviation 23.30%

Source: new windowAltaVista Research, LLC

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ETF Documents

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 10/31, AIQ was rated against the following numbers of Technology funds over the following time periods: 227 during the last 3 years, 204 during the last 5 years. With respect to these Technology funds, AIQ received a Morningstar Rating of 3, and 4 stars, respectively. Past performance is not indicative of future results.

© 2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. The investable universe of companies in which AIQ may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. AIQ is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.