N-CSRS 1 c109199_ncsrs.htm

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)

Ryan O’Connor

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:

Global X Management Company LLC

605 Third Avenue, 43rd floor

New York, NY 10158

Eric S. Purple, Esq.

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, 2024

Date of reporting period: April 30, 2024

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 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 Disruptive Materials ETF (ticker: DMAT)

Semi-Annual Report

April 30, 2024

As permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ (defined below) shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from your financial intermediary (such as a broker-dealer or bank). Instead, shareholder reports will be available on the Funds’ website (www.globalxetfs.com/explore), and you will be notified by mail each time a report is posted and provided with a website link to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Funds electronically anytime by contacting your financial intermediary.

You may elect to receive all future Fund shareholder reports in paper free of charge. Please contact your financial intermediary to inform them that you wish to continue receiving paper copies of Fund shareholder reports and for details about whether your election to receive reports in paper will apply to all funds held with your financial intermediary.

Table of Contents

Schedules of Investments
Global X Lithium & Battery Tech ETF	1
Global X SuperDividend^®ETF	6
Global X Social Media ETF	17
Global X Guru^®Index ETF	22
Global X SuperIncome™ Preferred ETF	27
Global X SuperDividend^®U.S. ETF	31
Global X MSCI SuperDividend^®Emerging Markets ETF	36
Global X SuperDividend^®REIT ETF	43
Global X Renewable Energy Producers ETF	46
Global X S&P 500^®Catholic Values ETF	53
Global X MSCI SuperDividend^®EAFE ETF	66
Global X E-commerce ETF	72
Global X S&P Catholic Values Developed ex-US ETF	78
Global X NASDAQ 100^®Tail Risk ETF	100
Global X NASDAQ 100^®Collar 95-110 ETF	106
Global X S&P 500^®Tail Risk ETF	112
Global X S&P 500^®Collar 95-110 ETF	128
Global X Disruptive Materials ETF	144
Glossary	148
Statements of Assets and Liabilities	149
Statements of Operations	154
Statements of Changes in Net Assets	159
Financial Highlights	169
Notes to Financial Statements	181
Disclosure of Fund Expenses	209
Renewal of Investment Advisory Agreement	212
Supplemental Information	217

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.

The Fund files its complete schedule of Fund holdings with the Securities and Exchange Commission (the “SEC” or “Commission”) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Fund’s Form N-PORT is available on the Commission’s website at https://www.sec.gov, and may be reviewed and copied at the Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

A description of the policies and procedures that Global X Funds uses to determine how to vote proxies relating to Fund securities, as well as information relating to how the Fund voted proxies relating to Fund securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-888-493-8631; and (ii) on the Commission’s website at https://www.sec.gov.

Schedule of Investments	April 30, 2024 (Unaudited)
Global X Lithium & Battery Tech ETF

Sector Weightings †:

† Sector weightings percentages are based on the total market value of investments. Total investments do not include derivatives such as options, futures contracts, forward contracts, and swap contracts, if applicable.

	Shares		Value
COMMON STOCK — 99.9%
AUSTRALIA — 13.9%
Materials — 13.9%
Core Lithium ^{* (A)}		20,291,316	$	1,910,546
IGO		6,560,361		33,696,400
Latin Resources ^*		25,562,184		3,734,735
Liontown Resources ^{* (A)}		15,113,169		12,218,114
Mineral Resources		1,856,834		87,042,108
Pilbara Minerals		28,877,207		76,130,818
Sayona Mining ^{* (A)}		100,866,916		2,226,932

TOTAL AUSTRALIA				216,959,653
BRAZIL — 0.5%
Materials — 0.5%
Sigma Lithium ^{* (A)}		500,699		7,195,045

CANADA — 1.4%
Materials — 1.4%
Lithium Americas ^*		1,444,124		6,412,022
Lithium Americas Argentina ^{* (A)}		1,343,386		6,903,450
Patriot Battery Metals ^{* (A)}		1,330,179		6,457,979

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Standard Lithium ^{* (A)}		1,789,952	$	2,266,999

TOTAL CANADA				22,040,450
CHILE — 4.7%
Industrials — 4.7%
Sociedad Quimica y Minera de Chile ADR ^(A)		1,584,016		72,373,691

CHINA — 34.9%
Consumer Discretionary — 4.1%
BYD, Cl H		2,296,674		63,310,351

Industrials — 13.3%
Contemporary Amperex Technology, Cl A		2,218,909		61,981,809
Eve Energy, Cl A		12,256,988		62,476,764
Jiangxi Special Electric Motor, Cl A ^*		14,897,677		19,965,038
Sunwoda Electronic, Cl A		14,584,091		30,583,972
Wuxi Lead Intelligent Equipment, Cl A		10,663,046		32,784,719
				207,792,302
Information Technology — 4.0%
NAURA Technology Group, Cl A		1,415,241		62,245,276

Materials — 13.5%
Ganfeng Lithium Group, Cl A		7,464,040		36,286,208
Guangzhou Tinci Materials Technology, Cl A		12,395,914		35,890,802
Shanghai Putailai New Energy Technology, Cl A		9,341,553		23,840,251
Sinomine Resource Group, Cl A		5,537,926		27,182,066
Tianqi Lithium, Cl A		11,070,988		60,308,528
Yunnan Energy New Material, Cl A		4,879,859		27,995,634
				211,503,489
TOTAL CHINA				544,851,418
FRANCE — 0.6%
Materials — 0.6%
Eramet		98,937		9,663,821

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — continued
JAPAN — 7.4%
Consumer Discretionary — 3.8%
Panasonic Holdings		6,659,792	$	58,487,164

Information Technology — 3.6%
TDK		1,257,323		56,600,109

TOTAL JAPAN				115,087,273
JERSEY — 6.6%
Materials — 6.6%
Arcadium Lithium ^*		11,945,133		52,558,585
Arcadium Lithium CDI ^*		11,455,563		49,987,911

TOTAL JERSEY				102,546,496
NETHERLANDS — 0.5%
Materials — 0.5%
AMG Critical Materials		336,592		7,961,052

SOUTH KOREA — 10.6%
Industrials — 4.1%
LG Energy Solution ^*		229,370		64,557,507

Information Technology — 6.5%
L&F ^*		278,755		33,056,902
Samsung SDI		217,200		68,204,037
				101,260,939
TOTAL SOUTH KOREA				165,818,446
UNITED STATES — 18.8%
Consumer Discretionary — 6.0%
Lucid Group ^{* (A)}		9,496,485		24,216,037
Tesla ^*		383,182		70,229,597
				94,445,634
Industrials — 2.6%
EnerSys		442,296		40,005,673

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X Lithium & Battery Tech ETF

	Shares		Value
COMMON STOCK — continued
Materials — 10.2%
Albemarle		1,305,218	$	157,030,778
Piedmont Lithium ^{* (A)}		183,945		2,253,326
				159,284,104
TOTAL UNITED STATES				293,735,411
TOTAL COMMON STOCK (Cost $1,916,495,080)				1,558,232,756

SHORT-TERM INVESTMENT^(B)(C) — 1.0%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 5.240% (Cost $15,813,189)		15,813,189		15,813,189

	Face Amount
REPURCHASE AGREEMENT^(C) — 5.4%
BNP Paribas 5.270%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $83,912,933 (collateralized by U.S. Treasury Obligations, ranging in par value $5,737,704 - $13,754,205, 2.875%, 05/15/2032, with a total market value of $85,612,981) (Cost $83,900,651)	$	83,900,651		83,900,651
TOTAL INVESTMENTS — 106.3% (Cost $2,016,208,920)			$	1,657,946,596

Percentages are based on Net Assets of $1,560,358,070.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $96,214,633.
(B)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2024.
(C)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $99,713,840. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $–.

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X Lithium & Battery Tech ETF

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	1,558,232,756	$	—	$	—	$	1,558,232,756
Short-Term Investment		15,813,189		—		—		15,813,189
Repurchase Agreement		—		83,900,651		—		83,900,651
Total Investments in Securities	$	1,574,045,945	$	83,900,651	$	—	$	1,657,946,596

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.

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 96.2%
AUSTRALIA — 5.2%
Energy — 2.7%
New Hope		2,383,954	$	7,043,501
Woodside Energy Group		379,782		6,961,848
Yancoal Australia ^(A)		1,846,353		6,654,064
				20,659,413
Financials — 0.9%
Magellan Financial Group		1,197,717		6,945,203
Industrials — 1.6%
APM Human Services International ltd		6,803,055		5,367,345
McMillan Shakespeare		550,108		6,615,585
				11,982,930
TOTAL AUSTRALIA				39,587,546
BELGIUM — 2.1%
Communication Services — 0.9%
Proximus		902,203		6,670,801

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Materials — 1.2%
Solvay		290,829	$	9,456,615

TOTAL BELGIUM				16,127,416
BERMUDA — 1.3%
Energy — 1.3%
Avance Gas Holding		671,073		9,792,661

BRAZIL — 3.1%
Consumer Discretionary — 1.5%
Mahle-Metal Leve		1,009,000		5,964,724
Vulcabras		1,862,800		5,689,283
				11,654,007
Materials — 1.6%
Cia Siderurgica Nacional		2,323,400		6,239,843
CSN Mineracao		6,206,200		5,915,114
				12,154,957
TOTAL BRAZIL				23,808,964
CHILE — 1.0%
Industrials — 1.0%
Quinenco		2,219,344		7,764,338

CHINA — 11.0%
Energy — 0.9%
Yankuang Energy Group, Cl H		2,990,000		6,514,294

Financials — 2.7%
Chongqing Rural Commercial Bank, Cl H		18,078,100		7,766,381
Lufax Holding ADR		2,923,526		12,834,279
				20,600,660
Industrials — 1.4%
SITC International Holdings ^(A)		4,813,000		10,486,053

Materials — 3.1%
China National Building Material, Cl H		20,561,800		8,018,398
Fufeng Group ^(A)		11,654,100		8,538,075

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Shougang Fushan Resources Group		17,580,800	$	6,721,039
				23,277,512
Real Estate — 2.1%
China Overseas Grand Oceans Group		31,445,000		6,794,616
Longfor Group Holdings ^(A)		6,332,500		9,553,969
				16,348,585
Utilities — 0.8%
Guangdong Investment		12,400,000		6,500,281

TOTAL CHINA				83,727,385
CZECH REPUBLIC — 1.0%
Utilities — 1.0%
CEZ		204,975		7,573,917

DENMARK — 1.0%
Industrials — 1.0%
D/S Norden		171,069		7,244,623

FRANCE — 2.9%
Financials — 1.0%
Coface		492,171		7,604,409

Real Estate — 1.9%
ICADE ^‡		265,715		7,102,932
Nexity ^(A)		687,426		7,747,260
				14,850,192
TOTAL FRANCE				22,454,601
GERMANY — 0.9%
Financials — 0.9%
Deutsche Pfandbriefbank ^(A)		1,498,053		7,131,221

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
GREECE — 1.9%
Consumer Discretionary — 0.9%
OPAP		401,006	$	6,693,224

Energy — 1.0%
Okeanis Eco Tankers		247,578		7,712,954

TOTAL GREECE				14,406,178
HONG KONG — 5.4%
Communication Services — 1.8%
HKBN		20,101,710		6,065,570
PCCW		14,669,500		7,352,381
				13,417,951
Consumer Discretionary — 1.7%
Yue Yuen Industrial Holdings		7,348,000		13,096,599

Industrials — 0.9%
Orient Overseas International		492,800		7,201,841

Information Technology — 1.0%
VTech Holdings		1,292,600		7,494,938

TOTAL HONG KONG				41,211,329
INDONESIA — 2.8%
Energy — 2.8%
Adaro Energy		43,556,500		7,259,417
Bukit Asam		41,355,400		7,706,449
Indo Tambangraya Megah		4,218,100		6,543,762

TOTAL INDONESIA				21,509,628
ISRAEL — 0.7%
Energy — 0.7%
Oil Refineries		18,700,363		5,456,120

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
ITALY — 1.3%
Communication Services — 1.3%
MFE-MediaForEurope, Cl A ^(A)		3,254,003	$	9,596,078

KUWAIT — 0.9%
Consumer Discretionary — 0.9%
Humansoft Holding KSC		716,512		6,744,049

MEXICO — 1.0%
Materials — 1.0%
Alpek, Cl A ^(A)		10,536,422		7,878,277

NETHERLANDS — 1.0%
Financials — 1.0%
Van Lanschot Kempen		214,833		7,660,875

NORWAY — 2.0%
Energy — 2.0%
FLEX LNG ^(A)		294,042		7,648,032
Var Energi		2,265,684		7,443,062

TOTAL NORWAY				15,091,094
RUSSIA — 0.0%
Materials — 0.0%
Magnitogorsk Iron & Steel Works PJSC ^*(B)		6,332,020		—
PhosAgro PJSC GDR ^*(B)		119		—
Severstal PJSC ^*(B)		312,897		—
				—
Utilities — 0.0%
Unipro PJSC ^*(B)		209,143,887		—

TOTAL RUSSIA				—
SINGAPORE — 3.4%
Energy — 2.3%
BW LPG		674,985		9,819,271

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Hafnia		1,019,092	$	7,748,455
				17,567,726
Real Estate — 1.1%
Cromwell European Real Estate Investment Trust ^‡		5,096,500		8,119,698

TOTAL SINGAPORE				25,687,424
SOUTH AFRICA — 3.9%
Energy — 1.0%
Exxaro Resources ^(A)		763,114		7,333,501

Materials — 1.0%
African Rainbow Minerals ^(A)		762,374		7,942,825

Real Estate — 1.9%
Equites Property Fund ‡		11,185,220		7,363,522
Redefine Properties ‡		34,815,927		7,319,688
				14,683,210

TOTAL SOUTH AFRICA				29,959,536
SPAIN — 2.1%
Materials — 1.1%
Ence Energia y Celulosa		2,413,933		8,641,562

Utilities — 1.0%
Enagas		509,542		7,496,870

TOTAL SPAIN				16,138,432
TAIWAN — 1.1%
Industrials — 1.1%
Wisdom Marine Lines		3,993,400		8,351,776

THAILAND — 1.9%
Energy — 1.0%
Banpu NVDR		48,747,800		7,300,332

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.9%
Regional Container Lines NVDR		12,701,876	$	7,060,406

TOTAL THAILAND				14,360,738
UNITED ARAB EMIRATES — 1.1%
Materials — 1.1%
Fertiglobe		10,548,983		8,013,195

UNITED KINGDOM — 3.0%
Energy — 2.2%
Diversified Energy ^(A)		626,858		8,838,161
Serica Energy		3,195,456		7,442,180
				16,280,341
Financials — 0.8%
M&G PLC		2,519,122		6,343,306

TOTAL UNITED KINGDOM				22,623,647
UNITED STATES — 33.2%
Energy — 5.2%
Berry		1,053,452		8,943,808
Civitas Resources		108,792		7,828,672
Kimbell Royalty Partners		481,602		7,628,576
Kinetik Holdings, Cl A		213,244		8,175,775
Sitio Royalties, Cl A		314,235		7,302,821
				39,879,652
Financials — 20.2%
AGNC Investment ^‡		775,137		7,092,504
Annaly Capital Management ^‡		380,425		7,129,164
Apollo Commercial Real Estate Finance ^‡		679,866		6,547,110
Arbor Realty Trust ^‡		578,182		7,418,075
B Riley Financial ^(A)		335,317		11,534,905
Blackstone Mortgage Trust, Cl A ^‡		374,523		6,606,586
BrightSpire Capital, Cl A ^‡		1,111,863		6,993,618
Chimera Investment ^‡		1,689,249		6,959,706
Claros Mortgage Trust ^‡		767,322		6,675,701
Dynex Capital ^‡		600,021		7,002,245
Ellington Financial ^‡		656,573		7,511,195

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Franklin BSP Realty Trust ^‡		582,723	$	7,278,210
KKR Real Estate Finance Trust ^‡		754,927		7,103,863
MFA Financial ^‡		666,473		7,057,949
New York Mortgage Trust ^‡		1,041,105		7,131,569
PennyMac Mortgage Investment Trust ^‡		524,133		7,259,242
Ready Capital ^‡		864,557		7,366,026
Redwood Trust ^‡		1,237,830		6,845,200
Rithm Capital ^‡		679,865		7,560,099
Starwood Property Trust ^‡		366,977		6,961,554
Two Harbors Investment ^‡		582,672		7,359,147
				153,393,668
Real Estate — 6.8%
Brandywine Realty Trust ^‡		1,708,313		7,755,741
Gladstone Commercial ^‡		580,775		7,764,962
Global Net Lease ^‡		1,001,782		6,962,385
Medical Properties Trust ^‡		1,681,800		7,736,280
Omega Healthcare Investors ^‡		244,053		7,421,651
Sabra Health Care REIT ^‡		545,748		7,596,812
Uniti Group ^‡		1,139,172		6,550,239
				51,788,070
Utilities — 1.0%
NextEra Energy Partners ^(A)		258,722		7,337,356

TOTAL UNITED STATES				252,398,746
TOTAL COMMON STOCK (Cost $787,632,857)				732,299,794

PREFERRED STOCK — 2.9%
BRAZIL—2.9%
Energy — 1.0%
Petroleo Brasileiro ^(C)		911,900		7,392,880
Materials — 1.9%
Bradespar ^(C)		1,778,800		6,839,823
Metalurgica Gerdau, Cl A ^(C)		3,760,100		7,675,302
				14,515,125
TOTAL BRAZIL				21,908,005
TOTAL PREFERRED STOCK (Cost $23,643,747)				21,908,005

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Face Amount		Value
REPURCHASE AGREEMENTS^(D) — 4.3%
Bank of America Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $7,681,692 (collateralized by various U.S. Government Obligations, ranging in par value $4,904 - $6,222,489, 2.000% - 7.500%, 10/17/2025 - 08/20/2063, with a total market value of $7,834,168)	$	7,680,557	$	7,680,557
Citigroup Global Markets Inc. 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $7,681,692 (collateralized by various U.S. Government Obligations, ranging in par value $153,705 - $3,856,019, 2.000% - 6.500%, 12/01/2033 - 05/01/2054, with a total market value of $7,834,170)		7,680,557		7,680,557
Deutsche Bank 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $1,961,285 (collateralized by various U.S. Government Obligations, ranging in par value $1,194 - $410,467, 2.000% - 7.000%, 02/01/2037 - 02/01/2054, with a total market value of $2,000,216)		1,960,996		1,960,996
Nomura Securities International 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $7,681,690 (collateralized by various U.S. Government Obligations, ranging in par value $3,279 - $1,543,912, 2.000% - 7.500%, 10/01/2029 - 03/15/2058, with a total market value of $7,837,061)		7,680,557		7,680,557

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

	Face Amount		Value
REPURCHASE AGREEMENTS — continued
RBC Dominion Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $7,681,692 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $7,304 - $16,350,522, 0.000% - 5.500%, 05/09/2024 - 02/15/2054, with a total market value of $7,834,168)	$	7,680,557	$	7,680,557
TOTAL REPURCHASE AGREEMENTS (Cost $32,683,224)				32,683,224
TOTAL INVESTMENTS — 103.4% (Cost $843,959,828)			$	786,891,023

Percentages are based on Net Assets of $761,226,179.

A list of the open futures contracts held by the Fund at April 30, 2024, is as follows:

*Type of Contract*	Number of Contracts	Expiration Date	*Notional Amount*		*Value*		Unrealized Depreciation
Long Contracts
MSCI EAFE Index	32	Jun-2024	$	3,708,338	$	3,628,000	$	(80,338	)
S&P Mid Cap 400 Index E-MINI	12	Jun-2024		3,531,880		3,452,640		(79,240	)
			$	7,240,218	$	7,080,640	$	(159,578	)

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $35,558,121.
(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, 2024 was $32,683,224. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $5,616,243.

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X SuperDividend^® ETF

The following is a summary of the level of inputs used as of April 30, 2024, 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	$	732,299,794	$	—	$	—	^{^}	$	732,299,794
Preferred Stock		21,908,005		—		—			21,908,005
Repurchase Agreements		—		32,683,224		—			32,683,224
Total Investments in Securities	$	754,207,799	$	32,683,224	$	—		$	786,891,023

Other Financial Instruments	Level 1		Level 2		Level 3			Total
Futures Contracts*
Unrealized Depreciation	$	(159,578)	$	—	$	—		$	(159,578)
Total Other Financial Instruments	$	(159,578)	$	—	$	—		$	(159,578)

*	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.

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Social Media ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.9%
CHINA — 35.3%
Communication Services — 35.3%
Baidu ADR ^*		64,415	$	6,660,511
Bilibili ADR ^*		173,283		2,190,297
Hello Group ADR		100,440		585,565
HUYA ADR ^*		60,612		272,148
JOYY ADR		19,613		639,776
Kuaishou Technology, Cl B ^*		1,443,988		10,329,761
Meitu ^(A)		1,932,100		805,330
NetEase ADR		68,635		6,415,314
Tencent Holdings		338,527		15,027,946
Tencent Music Entertainment Group ADR ^*		443,759		5,569,175
Weibo ADR		56,614		488,013

TOTAL CHINA				48,983,836
GERMANY — 1.0%
Communication Services — 1.0%
United Internet		55,341		1,339,692

HONG KONG — 0.2%
Information Technology — 0.2%
Newborn Town ^*		500,000		217,997

JAPAN — 4.7%
Communication Services — 4.7%
DeNA ^{* (A)}		51,223		519,505
giftee ^{* (A)}		11,845		89,647

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Social Media ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Gree		33,400	$	99,119
Kakaku.com		85,465		990,344
MIXI		24,035		368,089
Nexon		284,642		4,470,452

TOTAL JAPAN				6,537,156
SINGAPORE — 0.1%
Communication Services — 0.1%
Grindr ^*		7,926		77,596

SOUTH KOREA — 13.0%
Communication Services — 13.0%
AfreecaTV		5,575		455,003
Com2uSCorp		4,927		142,595
Kakao		184,828		6,499,270
NAVER		81,734		10,904,963

TOTAL SOUTH KOREA				18,001,831
TAIWAN — 0.0%
Consumer Discretionary — 0.0%
PChome Online ^*		77,626		74,975

UNITED ARAB EMIRATES — 0.2%
Communication Services — 0.2%
Yalla Group ADR ^*		67,002		314,910

UNITED KINGDOM — 0.4%
Communication Services — 0.4%
Trustpilot Group ^*		235,009		559,692

UNITED STATES — 45.0%
Communication Services — 41.7%
Alphabet, Cl A ^*		40,001		6,511,363
Angi, Cl A ^*		47,898		101,065
Bumble, Cl A ^*		64,692		653,389
IAC ^*		52,762		2,509,361
Match Group ^*		187,434		5,776,716

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Social Media ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Meta Platforms, Cl A		26,100	$	11,227,437
Nextdoor Holdings ^{* (A)}		101,741		207,552
Pinterest, Cl A ^*		337,988		11,305,698
Reddit, Cl A ^*		19,039		846,093
Rumble ^{* (A)}		42,761		301,893
Snap, Cl A ^*		601,382		9,050,799
Spotify Technology ^*		20,645		5,789,684
Trump Media & Technology Group ^*		26,913		1,343,766
Vimeo ^*		96,306		345,738
Yelp, Cl A ^*		45,986		1,850,477
				57,821,031
Consumer Discretionary — 0.1%
Groupon, Cl A ^{* (A)}		14,465		167,215

Industrials — 0.4%
Fiverr International ^*		23,399		479,913

Information Technology — 2.8%
Life360, CDI,^{* (A)}		136,825		1,223,429
Sprinklr, Cl A ^*		83,679		978,207
Sprout Social, Cl A ^*		33,617		1,695,978
				3,897,614
TOTAL UNITED STATES				62,365,773
TOTAL COMMON STOCK (Cost $189,486,946)				138,473,458

	Face Amount
REPURCHASE AGREEMENTS^(B) — 1.1%
Bank of America Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $357,548 (collateralized by various U.S. Government Obligations, ranging in par value $228 - $289,629, 2.000% - 7.500%, 10/17/2025 - 08/20/2063, with a total market value of $364,645)	$	357,495		357,495

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Social Media ETF

	Face Amount		Value
REPURCHASE AGREEMENTS — continued
Citigroup Global Markets Inc. 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $357,548 (collateralized by various U.S. Government Obligations, ranging in par value $7,154 - $179,480, 2.000% - 6.500%, 12/01/2033 - 05/01/2054, with a total market value of $364,645)	$	357,495	$	357,495
Deutsche Bank 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $98,441 (collateralized by various U.S. Government Obligations, ranging in par value $60 - $20,602, 2.000% - 7.000%, 02/01/2037 - 02/01/2054, with a total market value of $100,395)		98,426		98,426
HSBC Securities 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $350,397 (collateralized by various U.S. Government Obligations, ranging in par value $21,897 - $529,154, 2.500% - 3.000%, 04/20/2043 - 10/20/2051, with a total market value of $357,352)		350,345		350,345
Nomura Securities International 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $357,548 (collateralized by various U.S. Government Obligations, ranging in par value $153 - $71,862, 2.000% - 7.500%, 10/01/2029 - 03/15/2058, with a total market value of $364,780)		357,495		357,495
TOTAL REPURCHASE AGREEMENTS (Cost $1,521,256)				1,521,256
TOTAL INVESTMENTS — 101.0% (Cost $191,008,202)			$	139,994,714

Percentages are based on Net Assets of $138,642,875.

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Social Media ETF

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $1,427,310.
(B)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $1,521,256. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $–.

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	138,473,458	$	—	$	—	$	138,473,458
Repurchase Agreements		—		1,521,256		—		1,521,256
Total Investments in Securities	$	138,473,458	$	1,521,256	$	—	$	139,994,714

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.

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Guru^® Index ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 100.0%
SOUTH KOREA — 2.4%
Consumer Discretionary — 2.4%
Coupang, Cl A ^*		42,576	$	957,960

UNITED KINGDOM — 1.4%
Health Care — 1.4%
Immunocore Holdings ADR ^*		9,520		562,442

UNITED STATES — 96.2%
Communication Services — 5.2%
Alphabet, Cl A ^*		4,699		764,903
Endeavor Group Holdings, Cl A		27,358		722,525
Meta Platforms, Cl A		1,389		597,506
				2,084,934
Consumer Discretionary — 16.2%
Amazon.com ^*		3,971		694,925
Asbury Automotive Group ^*		3,041		639,340
Chipotle Mexican Grill, Cl A ^*		256		808,858
Expedia Group ^*		4,868		655,379
Green Brick Partners ^*		12,148		657,571

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Home Depot		1,859	$	621,315
Lithia Motors, Cl A		2,206		561,162
Planet Fitness, Cl A ^*		9,925		593,912
RH ^*		2,434		601,320
United Parks & Resorts ^*		14,092		716,155
				6,549,937
Consumer Staples — 6.6%
Albertsons, Cl A		31,603		644,701
Kellanova		12,109		700,627
Kenvue		35,216		662,765
Post Holdings ^*		6,356		674,689
				2,682,782
Energy — 7.8%
Chesapeake Energy ^(A)		8,618		774,586
Pioneer Natural Resources		2,899		780,759
Targa Resources		7,202		821,460
Texas Pacific Land		1,353		779,734
				3,156,539
Financials — 4.9%
Fiserv ^*		4,541		693,274
S&P Global		1,583		658,259
Visa, Cl A		2,395		643,321
				1,994,854
Health Care — 15.7%
Amicus Therapeutics ^*		47,945		478,971
IDEXX Laboratories ^*		1,180		581,457
Incyte ^*		11,382		592,433
IQVIA Holdings ^*		2,785		645,479
MoonLake Immunotherapeutics, Cl A ^*		11,177		457,251
Nuvalent, Cl A ^*		7,942		547,045
PTC Therapeutics ^*		26,117		839,662
Roivant Sciences ^*		58,593		638,664
Tenet Healthcare ^*		7,467		838,469
United Therapeutics ^*		3,127		732,750
				6,352,181

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 11.3%
Array Technologies ^*		44,129	$	544,552
Avis Budget Group		5,552		529,938
Carrier Global		12,015		738,802
Delta Air Lines		16,423		822,300
Ferguson		3,384		710,301
Hertz Global Holdings ^*		85,356		388,370
Quanta Services		3,135		810,586
				4,544,849
Information Technology — 17.2%
Apple		3,666		624,430
CyberArk Software ^*		2,538		607,216
Elastic ^*		5,058		517,029
GoDaddy, Cl A ^*		6,022		736,972
Guidewire Software ^*		5,557		613,493
Microsoft		1,651		642,784
NVIDIA		931		804,403
Oracle		5,945		676,244
Salesforce		2,306		620,176
Seagate Technology Holdings		7,617		654,376
Snowflake, Cl A *		2,895		449,304
				6,946,427
Materials — 6.8%
Ashland Global Holdings		7,259		692,001
Linde PLC		1,565		690,102
Sherwin-Williams		2,146		642,963
Vulcan Materials		2,772		714,150
				2,739,216
Real Estate — 2.8%
American Tower ^‡		3,556		610,067
ProLogis ^‡		5,049		515,251
				1,125,318

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Guru^® Index ETF

	Shares		Value
COMMON STOCK — continued
Utilities — 1.7%
PG&E		40,584	$	694,392

TOTAL UNITED STATES				38,871,429
TOTAL COMMON STOCK (Cost $39,902,778)				40,391,831

SHORT-TERM INVESTMENT^(B)(C) — 0.2%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 5.240% (Cost $97,216)		97,216		97,216

	Face Amount
REPURCHASE AGREEMENT^(C) — 1.3%
BNP Paribas 5.270%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $515,876 (collateralized by U.S. Treasury Obligations, ranging in par value $35,274 - $84,557, 2.875%, 05/15/2032, with a total market value of $526,326) (Cost $515,800)	$	515,800		515,800
TOTAL INVESTMENTS — 101.5% (Cost $40,515,794)			$	41,004,847

Percentages are based on Net Assets of $40,394,795.

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $580,894.
(B)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2024.
(C)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $613,016. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $–.

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X Guru^® Index ETF

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	40,391,831	$	—	$	—	$	40,391,831
Short-Term Investment		97,216		—		—		97,216
Repurchase Agreement		—		515,800		—		515,800
Total Investments in Securities	$	40,489,047	$	515,800	$	—	$	41,004,847

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.

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperIncome™ Preferred ETF

Sector Weightings †:

	Shares		Value
PREFERRED STOCK — 99.7%
UNITED STATES— 99.7%
Communication Services — 1.2%
Telephone and Data Systems, 6.000%		123,426	$	1,856,327
Consumer Discretionary — 3.5%
Ford Motor, 6.500%		107,449		2,632,500
Qurate Retail, 8.000%		56,959		2,629,797
				5,262,297
Energy — 1.4%
Energy Transfer, 9.250%		185,412		2,033,970
Financials — 87.7%
AGNC Investment, 6.125%, CME Term SOFR + 4.697% ^{‡ (A)}		102,915		2,404,094
Allstate, 7.375%		107,448		2,866,713
Apollo Global Management, 7.625%, H15T5Y + 3.226% ^(A)		107,970		2,852,567
Apollo Global Management, 6.750%		129,261		7,882,336
Athene Holding, 7.750%, H15T5Y + 3.962% ^(A)		89,497		2,381,515
Athene Holding, 6.375%, H15T5Y + 5.970% ^(A)		107,976		2,702,639
Athene Holding, 6.350%, US0003M + 4.253% ^(A)		154,604		3,634,740

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares		Value
PREFERRED STOCK — continued
Financials — continued
Banc of California, 7.750%, H15T5Y + 4.820% ^(A)		91,840	$	2,087,523
Bank of America, 7.250% ^*		9,058		10,416,700
Bank of America, 4.750%		81,069		1,640,026
Bank of America, 4.250%		151,699		2,776,092
Brighthouse Financial, 5.375%		102,858		1,893,616
Capital One Financial, 4.800%		224,064		4,113,815
Capital One Financial, 4.375%		120,776		2,042,322
Charles Schwab, 4.450% ^(B)		107,446		2,134,952
F&G Annuities & Life, 7.950%		62,401		1,622,426
Huntington Bancshares, 6.875%, H15T5Y + 2.704% ^{(A) (B)}		58,797		1,460,518
Jackson Financial, 8.000%, H15T5Y + 3.728% ^{(A) (B)}		98,483		2,578,285
JPMorgan Chase, 4.625%		255,286		5,302,290
JPMorgan Chase, 4.550%		206,915		4,204,513
JPMorgan Chase, 4.200%		276,002		5,249,558
KeyCorp, 6.200%, H15T5Y + 3.132% ^(A)		107,403		2,405,827
KeyCorp, 6.125%, TSFR3M + 4.154% ^(A)		89,453		2,062,786
Lincoln National, 9.000%		89,501		2,412,052
MetLife, 4.750%		179,221		3,659,693
Morgan Stanley, 6.500%		179,350		4,535,762
Morgan Stanley, 5.850%, + 0.000% ^{(A) (B)}		179,318		4,296,459
Morgan Stanley, 4.250%		233,148		4,329,558
New York Community Bancorp, 6.375%, US0003M + 3.821% ^(A)		93,129		1,454,675
Regions Financial, 5.700%, TSFR3M + 3.410% ^(A)		89,412		1,954,546
Reinsurance Group of America, 7.125%, H15T5Y + 3.456% ^(A)		125,944		3,298,473
State Street, 5.350%, TSFR3M + 3.971% ^{(A) (B)}		89,535		2,129,142
Synchrony Financial, 8.250%, H15T5Y + 4.044% ^(A)		89,462		2,248,180
TPG Operating Group II, 6.950% ^(B)		71,527		1,844,681
Truist Financial, 5.250%		103,011		2,293,025
Truist Financial, 4.750%		165,737		3,286,565
US Bancorp, 4.000%		135,541		2,339,438
Wells Fargo, 7.500% ^*		6,677		7,648,103
Wells Fargo, 4.750%		135,159		2,753,189

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperIncome™ Preferred ETF

	Shares		Value
PREFERRED STOCK — continued
Financials — continued
Wells Fargo, 4.700% ^(B)		79,326	$	1,599,212
Wells Fargo, 4.375%		71,223		1,356,798
Wells Fargo, 4.250% ^(B)		84,726		1,565,737
				131,721,141
Industrials — 4.2%
Chart Industries, 6.750%		36,001		2,068,617
Clarivate, 5.250%		64,968		1,761,283
WESCO International, 10.625%, H15T5Y + 10.325% ^(A)		96,402		2,544,049
				6,373,949
Utilities — 1.7%
SCE Trust VII, 7.500%		99,410		2,594,601
TOTAL UNITED STATES				149,842,285
TOTAL PREFERRED STOCK (Cost $155,167,934)				149,842,285

SHORT-TERM INVESTMENT^(C)(D) — 1.0%
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 5.240% (Cost $1,442,869)		1,442,869		1,442,869

	Face Amount
REPURCHASE AGREEMENT^(D) — 5.1%
BNP Paribas 5.270%, dated 04/30/2024 , to be repurchased on 05/01/2024, repurchase price $7,656,607 (collateralized by U.S. Treasury Obligations, ranging in par value $523,535 - $1,254,998, 2.875%, 05/15/2032, with a total market value of $7,811,725) (Cost $7,655,486)	$	7,655,486		7,655,486
TOTAL INVESTMENTS — 105.8% (Cost $164,266,289)			$	158,940,640

Percentages are based on Net Assets of $150,256,312.

*	Non-income producing security.
‡	Real Estate Investment Trust

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperIncome™ Preferred ETF

(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; by using a formula based on the rates of underlying loans; 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, 2024. The total market value of securities on loan at April 30, 2024 was $8,785,171.
(C)	The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2024.
(D)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $9,098,355. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $–.

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Preferred Stock	$	44,852,506	$	104,989,779	$	—	$	149,842,285
Short-Term Investment		1,442,869		—		—		1,442,869
Repurchase Agreement		—		7,655,486		—		7,655,486
Total Investments in Securities	$	46,295,375	$	112,645,265	$	—	$	158,940,640

See “Glossary” for abbreviations.

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperDividend^® U.S. ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 83.9%
NORWAY — 2.0%
Energy — 2.0%
SFL		923,686	$	12,312,734

UNITED STATES — 81.9%
Communication Services — 7.6%
AT&T		700,092		11,824,554
Cogent Communications Holdings		155,131		9,956,307
Telephone and Data Systems		845,985		13,239,665
Verizon Communications		291,181		11,498,738
				46,519,264
Consumer Services — 2.1%
Wendy’s		639,707		12,787,743

Consumer Staples — 10.1%
Altria Group		295,678		12,953,653
Kraft Heinz		338,679		13,076,396
Philip Morris International		132,773		12,605,469
Universal		239,358		12,310,182

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Vector Group		1,040,590	$	10,770,107
				61,715,807
Energy — 10.9%
Berry		1,739,125		14,765,171
Chesapeake Energy ^(A)		150,871		13,560,285
Chord Energy		72,706		12,867,508
Coterra Energy		481,291		13,168,122
Kinder Morgan		694,307		12,691,932
				67,053,018
Financials — 6.3%
TFS Financial		881,153		10,582,648
Virtu Financial, Cl A		707,853		15,360,410
Western Union		928,746		12,482,346
				38,425,404
Health Care — 3.6%
AbbVie		66,946		10,888,097
Pfizer		426,853		10,935,974
				21,824,071
Industrials — 1.9%
Ennis		581,083		11,563,552

Information Technology — 1.7%
International Business Machines		62,844		10,444,673

Materials — 5.8%
Dow		214,550		12,207,895
International Paper		329,336		11,507,000
LyondellBasell Industries, Cl A		121,834		12,179,745
				35,894,640
Real Estate — 17.3%
Alexander’s ^‡		52,985		11,209,507
CBL & Associates Properties ^‡		508,385		11,057,374
Community Healthcare Trust ^‡		436,933		11,591,832
Easterly Government Properties, Cl A ^‡		1,009,400		11,799,886

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Gaming and Leisure Properties ^‡		260,879	$	11,147,360
LTC Properties ^‡		377,755		12,503,690
National Health Investors ^‡		222,999		14,062,317
Omega Healthcare Investors ^‡		380,924		11,583,899
Universal Health Realty Income Trust ^‡		296,914		10,697,811
				105,653,676
Utilities — 14.6%
Avangrid		375,628		13,721,691
Avista		353,912		12,733,754
Dominion Energy		259,551		13,231,910
Duke Energy		129,550		12,729,583
Northwest Natural Holding		323,100		12,326,265
Northwestern Energy Group		241,448		12,178,637
OGE Energy		360,705		12,498,428
				89,420,268
TOTAL UNITED STATES				501,302,116
TOTAL COMMON STOCK (Cost $516,163,930)				513,614,850

MASTER LIMITED PARTNERSHIPS — 15.7%
UNITED STATES— 15.7%
Energy — 11.9%
Black Stone Minerals		781,080		12,458,226
CrossAmerica Partners		541,011		12,443,253
Global Partners		249,042		11,677,579
MPLX		304,974		12,747,913
NuStar Energy		505,557		11,410,422
USA Compression Partners		492,308		11,928,623
				72,666,016
Materials — 1.9%
Westlake Chemical Partners		528,465		11,552,245
Utilities — 1.9%
Suburban Propane Partners		602,342		11,763,739
TOTAL UNITED STATES				95,982,000
TOTAL MASTER LIMITED PARTNERSHIPS (Cost $58,720,628)				95,982,000

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Face Amount		Value
REPURCHASE AGREEMENTS^(B) — 1.8%
Bank of America Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $2,532,438 (collateralized by various U.S. Government Obligations, ranging in par value $1,617 - $2,051,380, 2.000% - 7.500%, 10/17/2025 - 08/20/2063, with a total market value of $2,582,705)	$	2,532,064	$	2,532,064
Citigroup Global Markets Inc. 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $2,532,438 (collateralized by various U.S. Government Obligations, ranging in par value $50,672 - $1,271,221, 2.000% - 6.500%, 12/01/2033 - 05/01/2054, with a total market value of $2,582,706)		2,532,064		2,532,064
Deutsche Bank 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $646,583 (collateralized by various U.S. Government Obligations, ranging in par value $394 - $135,320, 2.000% - 7.000%, 02/01/2037 - 02/01/2054, with a total market value of $659,418)		646,488		646,488
Nomura Securities International 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $2,532,437 (collateralized by various U.S. Government Obligations, ranging in par value $1,081 - $508,984, 2.000% - 7.500%, 10/01/2029 - 03/15/2058, with a total market value of $2,583,659)		2,532,064		2,532,064

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X SuperDividend^® U.S. ETF

	Face Amount		Value
REPURCHASE AGREEMENTS — continued
RBC Dominion Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $2,532,438 (collateralized by various U.S. Government Obligations and U.S. Treasury Obligations, ranging in par value $2,408 - $5,390,308, 0.000% - 5.500%, 05/09/2024 - 02/15/2054, with a total market value of $2,582,705)	$	2,532,064	$	2,532,064
TOTAL REPURCHASE AGREEMENTS (Cost $10,774,744)				10,774,744
TOTAL INVESTMENTS — 101.4% (Cost $585,659,302)			$	620,371,594

Percentages are based on Net Assets of $611,778,481.

‡	Real Estate Investment Trust
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $10,170,192.
(B)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $10,774,744. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $–.

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	513,614,850	$	—	$	—	$	513,614,850
Master Limited Partnerships		95,982,000		—		—		95,982,000
Repurchase Agreements		—		10,774,744		—		10,774,744
Total Investments in Securities	$	609,596,850	$	10,774,744	$	—	$	620,371,594

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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 92.4%
BRAZIL — 5.3%
Financials — 3.5%
Banco do Brasil		184,600	$	976,584
BB Seguridade Participacoes		99,700		619,386
				1,595,970
Materials — 1.8%
Cia Siderurgica Nacional		303,351		814,695

TOTAL BRAZIL				2,410,665
CHILE — 6.7%
Financials — 1.8%
Banco de Chile		7,538,391		839,702

Industrials — 1.4%
Cia Sud Americana de Vapores		8,229,205		644,668

Materials — 2.0%
Empresas CMPC		451,360		895,072

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
Utilities — 1.5%
Enel Chile		11,236,594	$	669,894

TOTAL CHILE				3,049,336
CHINA — 34.0%
Consumer Staples — 1.3%
Tingyi Cayman Islands Holding		522,000		578,650

Energy — 14.2%
China Shenhua Energy, Cl H		230,864		965,230
Guanghui Energy, Cl A		824,600		840,181
Jizhong Energy Resources, Cl A		731,000		754,891
Shaanxi Coal Industry, Cl A		339,900		1,149,566
Shanxi Coking Coal Energy Group, Cl A		664,500		961,988
Shanxi Lu’an Environmental Energy Development, Cl A		351,900		1,025,675
Yankuang Energy Group, Cl H		357,350		778,556
				6,476,087
Financials — 7.7%
Bank of China, Cl H		1,959,900		884,576
Bank of Communications, Cl H		1,211,180		876,500
China CITIC Bank, Cl H		1,440,300		847,105
China Construction Bank, Cl H		1,443,400		941,204
				3,549,385
Industrials — 3.3%
COSCO SHIPPING Holdings, Cl A		514,200		834,438
Shanxi Coal International Energy Group, Cl A		354,800		700,017
				1,534,455
Information Technology — 1.7%
Xinjiang Daqo New Energy, Cl A		228,492		769,941

Materials — 4.8%
Western Mining, Cl A		458,200		1,269,803
Zangge Mining, Cl A		231,600		920,914
				2,190,717

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
Utilities — 1.0%
Guangdong Investment		890,400	$	466,762

TOTAL CHINA				15,565,997
CZECH REPUBLIC — 3.4%
Financials — 2.0%
Moneta Money Bank		228,668		923,605

Utilities — 1.4%
CEZ		17,210		635,917

TOTAL CZECH REPUBLIC				1,559,522
EGYPT — 1.5%
Consumer Staples — 1.5%
Eastern SAE		1,511,961		695,154

GREECE — 3.0%
Consumer Discretionary — 3.0%
JUMBO		22,705		708,416
OPAP		40,818		681,297

TOTAL GREECE				1,389,713
INDIA — 5.8%
Energy — 3.3%
Coal India		280,618		1,527,930

Materials — 2.5%
Vedanta		236,383		1,127,148

TOTAL INDIA				2,655,078
INDONESIA — 3.1%
Energy — 1.9%
Adaro Energy		5,046,100		841,017

Industrials — 1.2%
Astra International		1,751,800		554,844

TOTAL INDONESIA				1,395,861

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
MEXICO — 3.6%
Financials — 2.0%
Banco del Bajio		245,540	$	910,192

Real Estate — 1.6%
Fibra Uno Administracion ^‡		497,000		717,271

TOTAL MEXICO				1,627,463
POLAND — 1.9%
Energy — 1.9%
Polski Koncern Naftowy Orlen S.A.		53,174		873,114

QATAR — 2.0%
Industrials — 2.0%
Industries Qatar QSC		269,419		906,450

ROMANIA — 2.0%
Real Estate — 2.0%
NEPI Rockcastle		136,175		918,165

RUSSIA — 0.0%
Materials — 0.0%
Alrosa PJSC ^(A)		1,194,381		—
PhosAgro PJSC GDR ^*(A)		42		—
Severstal PJSC ^*(A)		71,665		—

TOTAL RUSSIA				—
SOUTH AFRICA — 1.8%
Information Technology — 1.8%
Sasol		115,032		813,838

TAIWAN — 4.5%
Industrials — 2.1%
Evergreen Marine Taiwan		165,920		965,599

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 2.4%
MediaTek		35,800	$	1,090,646

TOTAL TAIWAN				2,056,245
TURKEY — 11.4%
Energy — 3.2%
Turkiye Petrol Rafinerileri		246,135		1,488,525

Financials — 8.2%
Akbank		1,077,047		1,977,683
Yapi ve Kredi Bankasi		1,773,978		1,768,690
				3,746,373
TOTAL TURKEY				5,234,898
UNITED STATES — 2.4%
Consumer Staples — 2.4%
JBS		239,148		1,081,521

TOTAL COMMON STOCK (Cost $39,603,463)				42,233,020

PREFERRED STOCK — 7.2%
BRAZIL—3.6%
Energy — 1.8%
Petroleo Brasileiro ^(B)		103,500		839,087
Utilities — 1.8%
Cia Energetica de Minas Gerais ^(B)		436,085		822,008
TOTAL BRAZIL				1,661,095
CHILE—1.1%
Materials — 1.1%
Sociedad Quimica y Minera de Chile, Cl B ^(B)		11,230		515,046
TOTAL CHILE				515,046
COLOMBIA—2.5%
Financials — 2.5%
Bancolombia ^(B)		137,300		1,132,416
TOTAL COLOMBIA				1,132,416

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

	Shares		Value
PREFERRED STOCK — continued
RUSSIA—0.0%
Energy — 0.0%
Surgutneftegas PJSC ^(B)		3,166,303	$	—
TOTAL RUSSIA				—
TOTAL PREFERRED STOCK (Cost $4,674,639)				3,308,557
TOTAL INVESTMENTS — 99.6% (Cost $44,278,102)			$	45,541,577

Percentages are based on Net Assets of $45,711,651.

A list of the open futures contracts held by the Fund at April 30, 2024, is as follows:

Type of Contract		Number of Contracts		Expiration Date		Notional Amount				Value				Unrealized Depreciation
Long Contracts MSCI Emerging Markets		1		Jun-2024		$	52,954			$	52,100			$	(854)

*	Non-income producing security.
‡	Real Estate Investment Trust
(A)	Level 3 security in accordance with fair value hierarchy.
(B)	There is currently no stated interest rate.

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X MSCI SuperDividend^® Emerging Markets ETF

The following is a summary of the level of inputs used as of April 30, 2024, 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	$	42,233,020	$	—	$	—	^{^}	$	42,233,020
Preferred Stock		3,308,557		—		—			3,308,557
Total Investments in Securities	$	45,541,577	$	—	$	—		$	45,541,577

Other Financial Instruments	Level 1		Level 2		Level 3			Total
Futures Contracts*
Unrealized Depreciation	$	(854)	$	—	$	—		$	(854)
Total Other Financial Instruments	$	(854)	$	—	$	—		$	(854)

*	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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X SuperDividend^® REIT ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.7%
AUSTRALIA — 3.2%
Real Estate — 3.2%
Charter Hall Long Wale ^‡		2,954,799	$	6,504,395

CANADA — 3.1%
Real Estate — 3.1%
SmartCentres ^‡		400,215		6,490,367

FRANCE — 3.8%
Real Estate — 3.8%
Covivio ^‡		157,074		7,870,243

HONG KONG — 3.0%
Real Estate — 3.0%
Link ^‡		1,430,200		6,189,878

MEXICO — 2.4%
Real Estate — 2.4%
Fibra Uno Administracion ^‡		3,430,200		4,950,472

SINGAPORE — 6.5%
Real Estate — 6.5%
Frasers Logistics & Commercial Trust ^‡		8,912,546		6,502,646
Keppel ^‡		10,856,210		7,005,290

TOTAL SINGAPORE				13,507,936
SOUTH AFRICA — 3.2%
Real Estate — 3.2%
Growthpoint Properties ^‡		11,460,188		6,656,232

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X SuperDividend^® REIT ETF

	Shares		Value
COMMON STOCK — continued
UNITED STATES — 74.5%
Financials — 38.6%
Annaly Capital Management ^‡		389,454	$	7,298,368
Apollo Commercial Real Estate Finance ^‡		712,549		6,861,847
BrightSpire Capital, Cl A ^‡		1,086,015		6,831,034
Dynex Capital ^‡		628,019		7,328,982
Ellington Financial ^‡		626,277		7,164,609
Invesco Mortgage Capital ^‡		109,772		938,550
KKR Real Estate Finance Trust ^‡		583,718		5,492,786
Ladder Capital, Cl A ^‡		698,664		7,496,665
MFA Financial ^‡		678,091		7,180,984
Orchid Island Capital, Cl A ^‡		112,643		938,316
Ready Capital ^‡		839,715		7,154,372
Rithm Capital ^‡		711,024		7,906,587
Starwood Property Trust ^‡		374,278		7,100,054
				79,693,154
Real Estate — 35.9%
Broadstone Net Lease, Cl A ^‡		455,772		6,636,040
EPR Properties ^‡		168,213		6,827,766
Gaming and Leisure Properties ^‡		159,678		6,823,041
Getty Realty ^‡		269,577		7,305,537
Global Net Lease ^‡		135,803		943,831
Healthcare Realty Trust, Cl A ^‡		463,168		6,590,881
LTC Properties ^‡		238,783		7,903,717
National Health Investors ^‡		143,022		9,018,967
Omega Healthcare Investors ^‡		257,748		7,838,117
Sabra Health Care REIT ^‡		559,059		7,782,101
WP Carey ^‡		118,734		6,511,372
				74,181,370
TOTAL UNITED STATES				153,874,524
TOTAL COMMON STOCK (Cost $228,107,553)				206,044,047
TOTAL INVESTMENTS — 99.7% (Cost $228,107,553)			$	206,044,047

Percentages are based on Net Assets of $206,691,884.

‡	Real Estate Investment Trust

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X SuperDividend^® REIT ETF

As of April 30, 2024, 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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 94.5%
AUSTRIA — 6.0%
Utilities — 6.0%
Verbund		29,918	$	2,290,484

BRAZIL — 12.1%
Utilities — 12.1%
AES Brasil Energia		202,296		369,613
Centrais Eletricas Brasileiras		296,155		2,163,267
Engie Brasil Energia		221,084		1,744,581
Serena Energia ^*		205,862		326,481

TOTAL BRAZIL				4,603,942
CANADA — 6.2%
Utilities — 6.2%
Boralex, Cl A		33,969		683,163
Innergex Renewable Energy		67,400		393,946
Northland Power ^(A)		84,409		1,290,849

TOTAL CANADA				2,367,958
CHINA — 3.5%
Utilities — 3.5%
China Datang Renewable Power, Cl H ^(A)		818,200		174,704
China Longyuan Power Group, Cl H		1,110,500		782,342
Xinyi Energy Holdings ^(A)		2,720,100		382,564

TOTAL CHINA				1,339,610

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
DENMARK — 6.3%
Utilities — 6.3%
Orsted ^*		43,554	$	2,408,306

FRANCE — 4.1%
Utilities — 4.1%
Neoen		50,747		1,560,561

GERMANY — 3.7%
Energy — 1.2%
VERBIO Vereinigte BioEnergie ^(A)		21,017		440,911

Utilities — 2.5%
Encavis ^*		53,720		970,743

TOTAL GERMANY				1,411,654
GREECE — 2.0%
Utilities — 2.0%
Terna Energy		39,400		768,427

INDIA — 1.3%
Utilities — 1.3%
ReNew Energy Global, Cl A ^*		84,043		474,003

ISRAEL — 3.4%
Utilities — 3.4%
Energix-Renewable Energies		180,081		675,946
Enlight Renewable Energy ^*		38,780		627,039

TOTAL ISRAEL				1,302,985
ITALY — 3.6%
Utilities — 3.6%
ERG		50,147		1,356,585

JAPAN — 1.3%
Utilities — 1.3%
RENOVA ^*		26,054		246,360

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
West Holdings		15,207	$	256,856

TOTAL JAPAN				503,216
NEW ZEALAND — 14.8%
Utilities — 14.8%
Contact Energy		262,658		1,347,562
Mercury NZ		459,706		1,735,561
Meridian Energy		717,075		2,545,979

TOTAL NEW ZEALAND				5,629,102
PORTUGAL — 1.1%
Utilities — 1.1%
Greenvolt-Energias Renovaveis ^{* (A)}		46,021		408,428

RUSSIA — 0.0%
Utilities — 0.0%
RusHydro PJSC ^(B)		271,804,543		—

SOUTH AFRICA — 1.0%
Utilities — 1.0%
Scatec ^*		52,446		386,212

SPAIN — 8.3%
Utilities — 8.3%
Atlantica Sustainable Infrastructure		38,329		750,099
EDP Renovaveis		143,430		1,973,786
Solaria Energia y Medio Ambiente ^{* (A)}		41,390		423,756

TOTAL SPAIN				3,147,641
THAILAND — 3.3%
Utilities — 3.3%
Energy Absolute NVDR		1,239,165		1,028,179
Gunkul Engineering NVDR		2,916,240		203,020

TOTAL THAILAND				1,231,199

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

	Shares		Value
COMMON STOCK — continued
TURKEY — 0.5%
Utilities — 0.5%
Aydem Yenilenebilir Enerji ^*		232,753	$	203,015
Galata Wind Enerji		1		1

TOTAL TURKEY				203,016
UNITED KINGDOM — 2.2%
Utilities — 2.2%
Drax Group PLC		127,581		827,504

UNITED STATES — 9.8%
Industrials — 2.0%
Sunrun ^*		72,016		741,045

Utilities — 7.8%
Clearway Energy, Cl C		27,201		635,959
NextEra Energy Partners ^(A)		30,875		875,615
Ormat Technologies		20,059		1,280,366
Sunnova Energy International ^{* (A)}		40,348		169,865
				2,961,805
TOTAL UNITED STATES				3,702,850
TOTAL COMMON STOCK (Cost $68,206,941)				35,923,683

MASTER LIMITED PARTNERSHIP — 5.2%
CANADA—5.2%
Utilities — 5.2%
Brookfield Renewable Partners, Cl A		94,319		1,984,073
TOTAL MASTER LIMITED PARTNERSHIP (Cost $1,704,643)				1,984,073

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

	Face Amount		Value
REPURCHASE AGREEMENTS^(C) — 5.6%
Bank of America Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $503,458 (collateralized by various U.S. Government Obligations, ranging in par value $321 - $407,822, 2.000% - 7.500%, 10/17/2025 - 08/20/2063, with a total market value of $513,452)	$	503,384	$	503,384
Citigroup Global Markets Inc. 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $503,458 (collateralized by various U.S. Government Obligations, ranging in par value $10,074 - $252,724, 2.000% - 6.500%, 12/01/2033 - 05/01/2054, with a total market value of $513,452)		503,384		503,384
Deutch Bank Securities 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $138,612 (collateralized by various U.S. Government Obligations, ranging in par value $84 - $29,009, 2.000% - 7.000%, 02/01/2037 - 02/01/2054, with a total market value of $141,364)		138,592		138,592
HSBC Securities USA Inc., 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $493,389 (collateralized by various U.S. Government Obligations, ranging in par value $30,833 - $745,095, 2.500% - 3.000%, 04/20/2043 - 10/20/2051, with a total market value of $503,182)		493,316		493,316

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

	Face Amount		Value
REPURCHASE AGREEMENTS — continued
Nomura Securities International Inc., 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $503,458 (collateralized by various U.S. Government Obligations, ranging in par value $215 - $101,188, 2.000% - 7.500%, 10/01/2029 - 03/15/2058, with a total market value of $513,641)	$	503,384	$	503,384
TOTAL REPURCHASE AGREEMENTS (Cost $2,142,060)				2,142,060
TOTAL INVESTMENTS — 105.3% (Cost $72,053,644)			$	40,049,816

Percentages are based on Net Assets of $38,027,098.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $2,172,911.
(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, 2024 was $2,142,060. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $171,350.

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Renewable Energy Producers ETF

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3⁽¹⁾			Total
Common Stock	$	35,923,683	$	—	$	—	^{^}	$	35,923,683
Master Limited Partnership		1,984,073		—		—			1,984,073
Repurchase Agreements		—		2,142,060		—			2,142,060
Total Investments in Securities	$	37,907,756	$	2,142,060	$	—		$	40,049,816

(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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.8%
CHINA — 0.1%
Information Technology — 0.1%
NXP Semiconductors		4,937	$	1,264,810

UNITED STATES — 99.7%
Communication Services — 9.2%
Alphabet, Cl A ^*		113,127		18,414,813
Alphabet, Cl C ^*		94,709		15,592,890
AT&T		138,175		2,333,776
Charter Communications, Cl A ^*		1,882		481,679
Comcast, Cl A		75,292		2,869,378
Electronic Arts		4,684		594,025
Fox, Cl A		4,987		154,647
Fox, Cl B		3,182		91,260
Interpublic Group		8,272		251,800
Match Group ^*		5,167		159,247
Meta Platforms, Cl A		42,235		18,168,230
Netflix ^*		8,302		4,571,413
News, Cl A		8,169		194,422
News, Cl B		2,577		63,239
Omnicom Group		4,047		375,723

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Paramount Global, Cl B		11,348	$	129,254
Take-Two Interactive Software ^*		3,243		463,133
T-Mobile US		9,779		1,605,418
Verizon Communications		81,536		3,219,857
Walt Disney		35,492		3,943,161
Warner Bros Discovery ^*		43,099		317,209
				73,994,574
Consumer Discretionary — 10.0%
Airbnb, Cl A ^*		13,311		2,110,725
Aptiv PLC ^*		7,685		545,635
AutoZone ^*		526		1,555,066
Bath & Body Works		6,903		313,534
Best Buy		5,473		403,032
Booking Holdings		1,066		3,679,864
BorgWarner		6,660		218,248
CarMax ^*		4,415		300,088
Carnival ^*		28,347		420,103
Chipotle Mexican Grill, Cl A ^*		839		2,650,904
Darden Restaurants		3,459		530,645
Domino’s Pizza		1,022		540,914
DR Horton		8,841		1,259,754
eBay		15,161		781,398
Etsy ^*		2,698		185,272
Expedia Group ^*		4,017		540,809
Ford Motor		119,272		1,449,155
Garmin		4,300		621,221
General Motors		35,190		1,567,011
Genuine Parts		3,976		625,067
Hasbro		3,718		227,913
Hilton Worldwide Holdings		7,542		1,487,886
Home Depot		30,400		10,160,288
Lennar, Cl A		7,157		1,085,144
LKQ		7,155		308,595
Lowe’s		17,556		4,002,592
Lululemon Athletica ^*		3,504		1,263,542
Marriott International, Cl A		7,311		1,726,346
McDonald’s		22,152		6,048,382
Mohawk Industries ^*		1,118		128,928

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
NIKE, Cl B		37,157	$	3,428,105
Norwegian Cruise Line Holdings ^*		12,056		228,100
NVR ^*		94		699,252
O’Reilly Automotive ^*		1,803		1,826,908
Pool		1,183		428,873
PulteGroup		6,483		722,336
Ross Stores		10,290		1,333,070
Starbucks		34,556		3,057,860
Tapestry		5,970		238,322
Tesla ^*		84,638		15,512,453
TJX		34,785		3,272,921
Tractor Supply		3,076		839,994
Ulta Beauty ^*		1,411		571,229
Yum! Brands		8,591		1,213,479
				80,110,963
Consumer Staples — 6.1%
Archer-Daniels-Midland		16,101		944,485
Brown-Forman, Cl B		4,762		227,862
Campbell Soup		5,194		237,418
Clorox		3,408		503,941
Coca-Cola		116,511		7,196,884
Colgate-Palmolive		24,701		2,270,516
Conagra Brands		13,751		423,256
Constellation Brands, Cl A		4,911		1,244,742
Costco Wholesale		13,326		9,633,365
Dollar General		6,463		899,585
Dollar Tree ^*		6,151		727,356
Estee Lauder, Cl A		7,044		1,033,425
General Mills		17,011		1,198,595
Hormel Foods		9,103		323,703
J M Smucker		3,005		345,124
Kellanova		7,338		424,577
Kenvue		51,790		974,688
Keurig Dr Pepper		30,327		1,022,020
Kimberly-Clark		10,284		1,404,074
Kraft Heinz		23,853		920,964
Kroger		19,815		1,097,355
Lamb Weston Holdings		4,664		388,698

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
McCormick		6,957	$	529,149
Molson Coors Beverage, Cl B		6,042		345,965
Monster Beverage ^*		22,074		1,179,855
Procter & Gamble		70,920		11,574,144
Sysco		15,253		1,133,603
Tyson Foods, Cl A		7,784		472,099
Walgreens Boots Alliance		19,767		350,469
				49,027,917
Energy — 4.1%
APA		6,228		195,808
Baker Hughes, Cl A		19,601		639,385
Chevron		33,130		5,342,875
ConocoPhillips		22,722		2,854,338
Coterra Energy		14,264		390,263
Devon Energy		12,114		619,995
Diamondback Energy		3,357		675,193
EOG Resources		11,126		1,470,078
EQT		6,035		241,943
Exxon Mobil		75,942		8,981,660
Halliburton		16,940		634,742
Hess		5,508		867,455
Kinder Morgan		38,015		694,914
Marathon Oil		11,630		312,266
Marathon Petroleum		7,020		1,275,674
Occidental Petroleum		12,602		833,496
ONEOK		11,297		893,819
Phillips 66		8,409		1,204,253
Pioneer Natural Resources		4,425		1,191,741
Schlumberger		28,039		1,331,292
Targa Resources		3,878		442,325
Valero Energy		6,501		1,039,315
Williams		23,712		909,592
				33,042,422
Financials — 13.2%
Aflac		10,152		849,215
Allstate		5,152		876,149
American Express		11,014		2,577,607

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
American International Group		13,399	$	1,009,079
Ameriprise Financial		1,908		785,695
Aon PLC, Cl A		3,932		1,108,863
Arch Capital Group ^*		6,722		628,776
Arthur J Gallagher		4,002		939,229
Assurant		978		170,563
Bank of America		131,796		4,877,770
Bank of New York Mellon		15,158		856,275
Berkshire Hathaway, Cl B ^*		34,775		13,796,286
BlackRock, Cl A		2,683		2,024,699
Blackstone		13,631		1,589,511
Brown & Brown		4,002		326,323
Capital One Financial		7,190		1,031,262
Cboe Global Markets		2,005		363,206
Charles Schwab		28,465		2,104,987
Chubb		7,920		1,969,229
Cincinnati Financial		3,054		353,317
Citigroup		36,606		2,245,046
Citizens Financial Group		8,526		290,822
CME Group, Cl A		6,947		1,456,369
Comerica		2,521		126,479
Corpay ^*		1,307		394,897
Discover Financial Services		4,948		627,060
Everest Group		811		297,159
FactSet Research Systems		711		296,409
Fidelity National Information Services		11,300		767,496
Fifth Third Bancorp		12,311		448,859
Fiserv ^*		11,475		1,751,888
Franklin Resources		6,067		138,570
Global Payments		4,803		589,664
Globe Life		1,972		150,207
Goldman Sachs Group		6,239		2,662,244
Hartford Financial Services Group		5,729		555,083
Huntington Bancshares		28,342		381,767
Intercontinental Exchange		10,942		1,408,892
Invesco		6,724		95,279
Jack Henry & Associates		1,382		224,838
JPMorgan Chase		55,359		10,614,535
KeyCorp		18,375		266,254

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Loews		3,834	$	288,125
M&T Bank		3,389		489,338
MarketAxess Holdings		742		148,467
Marsh & McLennan		9,431		1,880,824
Mastercard, Cl A		15,855		7,153,776
MetLife		11,710		832,347
Moody’s		3,052		1,130,247
Morgan Stanley		24,180		2,196,511
MSCI, Cl A		1,546		720,111
Nasdaq		6,469		387,170
Northern Trust		4,003		329,807
PayPal Holdings ^*		20,475		1,390,662
PNC Financial Services Group		7,825		1,199,260
Principal Financial Group		4,674		369,900
Progressive		11,189		2,330,109
Prudential Financial		6,882		760,323
Raymond James Financial		3,577		436,394
Regions Financial		17,515		337,514
S&P Global		6,148		2,556,523
State Street		5,733		415,585
Synchrony Financial		8,701		382,670
T Rowe Price Group		4,327		474,109
Travelers		4,281		908,257
Truist Financial		26,067		978,816
US Bancorp		28,875		1,173,191
Visa, Cl A		30,320		8,144,255
W R Berkley		3,921		301,799
Wells Fargo		67,897		4,027,650
Willis Towers Watson PLC		2,007		504,038
				106,275,636
Health Care — 12.3%
Align Technology ^*		4,278		1,208,022
Baxter International		31,486		1,271,090
Boston Scientific *		88,334		6,348,565
Cardinal Health		14,921		1,537,460
Cencora		10,027		2,396,954
Centene ^*		32,228		2,354,578
Cigna Group		17,654		6,303,184

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
CVS Health		75,761	$	5,129,777
DaVita ^*		3,217		447,195
Dexcom ^*		23,250		2,961,818
Edwards Lifesciences ^*		36,497		3,090,201
Elevance Health		14,014		7,407,520
GE HealthCare Technologies		24,217		1,846,304
Gilead Sciences		74,219		4,839,079
Henry Schein ^*		8,051		557,773
Hologic ^*		14,097		1,068,130
Humana		7,229		2,183,809
IDEXX Laboratories ^*		5,000		2,463,800
Incyte ^*		11,288		587,540
Insulet ^*		4,281		736,075
Intuitive Surgical ^*		21,215		7,862,703
IQVIA Holdings ^*		11,020		2,554,105
Laboratory Corp of America Holdings		5,102		1,027,390
McKesson		7,910		4,249,331
Medtronic PLC		79,386		6,369,933
Mettler-Toledo International ^*		1,304		1,603,529
Molina Healthcare ^*		3,523		1,205,218
Quest Diagnostics		6,890		952,060
ResMed		8,845		1,892,742
Solventum ^*		3,438		223,504
STERIS PLC		5,937		1,214,473
Stryker		20,398		6,863,927
Teleflex		2,788		581,995
West Pharmaceutical Services		4,446		1,589,356
Zimmer Biomet Holdings		12,565		1,511,318
Zoetis, Cl A		27,293		4,346,137
				98,786,595
Industrials — 8.8%
3M		13,762		1,328,171
A O Smith		3,405		282,070
Allegion PLC		2,380		289,313
American Airlines Group ^*		16,732		226,049
AMETEK		5,741		1,002,723
Automatic Data Processing		10,243		2,477,679
Axon Enterprise ^*		1,817		569,920

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Broadridge Financial Solutions		3,094	$	598,410
Builders FirstSource ^*		3,060		559,429
Carrier Global		20,800		1,278,992
Caterpillar		12,702		4,249,708
CH Robinson Worldwide		3,386		240,406
Cintas		2,148		1,414,114
Copart ^*		21,758		1,181,677
CSX		49,239		1,635,720
Cummins		3,529		996,907
Dayforce ^*		4,071		249,837
Deere		6,492		2,541,034
Delta Air Lines		16,824		842,378
Dover		3,476		623,247
Eaton PLC		9,960		3,169,870
Emerson Electric		14,243		1,535,111
Equifax		3,181		700,424
Expeditors International of Washington		3,781		420,863
Fastenal		14,242		967,601
FedEx		5,724		1,498,429
Fortive		8,718		656,204
Generac Holdings ^*		1,574		214,001
Howmet Aerospace		9,981		666,232
Hubbell, Cl B		1,405		520,581
IDEX		1,967		433,645
Illinois Tool Works		6,774		1,653,601
Ingersoll Rand		10,560		985,459
JB Hunt Transport Services		2,022		328,717
Johnson Controls International		16,960		1,103,587
Masco		5,475		374,764
Nordson		1,289		332,807
Norfolk Southern		5,624		1,295,320
Old Dominion Freight Line		4,449		808,428
Otis Worldwide		10,090		920,208
PACCAR		13,656		1,449,038
Parker-Hannifin		3,196		1,741,532
Paychex		7,966		946,440
Paycom Software		1,299		244,186
Pentair PLC		4,185		330,992
Quanta Services		3,691		954,345

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Republic Services, Cl A		5,088	$	975,370
Robert Half		2,808		194,145
Rockwell Automation		2,965		803,396
Rollins		6,545		291,645
Snap-On		1,366		366,033
Southwest Airlines		15,947		413,665
Stanley Black & Decker		4,199		383,789
Trane Technologies PLC		5,667		1,798,366
TransDigm Group		1,386		1,729,770
Uber Technologies ^*		51,330		3,401,639
Union Pacific		15,212		3,607,678
United Airlines Holdings ^*		8,364		430,411
United Parcel Service, Cl B		18,036		2,659,949
United Rentals		1,670		1,115,543
Veralto		5,435		509,151
Verisk Analytics, Cl A		3,607		786,182
Waste Management		9,134		1,900,055
Westinghouse Air Brake Technologies		4,446		716,162
WW Grainger		1,101		1,014,406
Xylem		5,995		783,546
				70,721,070
Information Technology — 29.1%
Accenture PLC, Cl A		12,009		3,613,628
Adobe ^*		8,613		3,986,355
Advanced Micro Devices ^*		31,004		4,910,414
Akamai Technologies ^*		2,859		288,559
Amphenol, Cl A		11,753		1,419,410
Analog Devices		9,486		1,902,986
ANSYS ^*		1,648		535,402
Apple		278,216		47,388,531
Applied Materials		16,046		3,187,538
Arista Networks ^*		4,740		1,216,094
Autodesk ^*		4,240		902,484
Broadcom		8,427		10,957,375
Cadence Design Systems ^*		5,204		1,434,379
CDW		2,660		643,348
Cisco Systems		77,715		3,651,051
Cognizant Technology Solutions, Cl A		9,500		623,960

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Enphase Energy ^*		2,604	$	283,211
EPAM Systems ^*		1,019		239,730
F5 ^*		1,111		183,659
Fair Isaac ^*		449		508,865
First Solar ^*		1,945		342,903
Fortinet ^*		12,166		768,648
Gartner ^*		1,550		639,514
Gen Digital		11,110		223,755
Hewlett Packard Enterprise		24,728		420,376
HP		16,607		466,491
Intel		79,803		2,431,597
International Business Machines		17,578		2,921,464
Intuit		5,408		3,383,353
Jabil		2,423		284,363
Juniper Networks		6,080		211,706
Keysight Technologies ^*		3,329		492,492
KLA		2,605		1,795,600
Lam Research		2,527		2,260,174
Microchip Technology		10,690		983,266
Micron Technology		21,051		2,377,921
Microsoft		142,421		55,448,768
Monolithic Power Systems		947		633,856
Motorola Solutions		3,153		1,069,340
NetApp		4,230		432,348
NVIDIA		47,343		40,905,299
ON Semiconductor ^*		7,985		560,228
Oracle		30,688		3,490,760
Palo Alto Networks ^*		5,976		1,738,359
PTC ^*		2,149		381,319
Qorvo ^*		2,134		249,337
QUALCOMM		21,548		3,573,736
Roper Technologies		2,035		1,040,821
Salesforce		18,672		5,021,648
Seagate Technology Holdings		3,998		343,468
ServiceNow ^*		3,925		2,721,320
Skyworks Solutions		3,075		327,764
Synopsys ^*		2,909		1,543,486
TE Connectivity		5,939		840,250
Teledyne Technologies ^*		996		379,954

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Teradyne		3,164	$	368,036
Texas Instruments		17,502		3,087,703
Trimble ^*		4,959		297,887
Tyler Technologies ^*		802		370,163
VeriSign ^*		1,746		295,912
Western Digital ^*		6,455		457,208
Zebra Technologies, Cl A ^*		1,105		347,589
				233,807,161
Materials — 2.4%
Air Products & Chemicals		4,247		1,003,736
Albemarle		2,446		294,278
Amcor PLC		31,678		283,201
Avery Dennison		1,652		358,947
Ball		6,395		444,900
CF Industries Holdings		3,472		274,184
Corteva		14,140		765,398
Dow		14,403		819,531
DuPont de Nemours		8,939		648,078
Ecolab		4,968		1,123,513
FMC		2,820		166,408
Freeport-McMoRan		28,561		1,426,336
International Flavors & Fragrances		5,211		441,111
International Paper		7,409		258,870
Linde PLC		9,548		4,210,286
LyondellBasell Industries, Cl A		5,272		527,042
Martin Marietta Materials		1,228		720,922
Mosaic		7,305		229,304
Newmont		22,944		932,444
Nucor		5,000		842,650
Packaging Corp of America		1,815		313,959
PPG Industries		4,728		609,912
Sherwin-Williams		4,715		1,412,661
Steel Dynamics		3,214		418,206
Vulcan Materials		2,598		669,323
Westrock		5,436		260,711
				19,455,911

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — 2.1%
Alexandria Real Estate Equities ^‡		2,954	$	342,280
American Tower ^‡		9,642		1,654,182
AvalonBay Communities ^‡		2,885		546,909
Boston Properties ^‡		3,085		190,931
Camden Property Trust ^‡		2,012		200,556
CBRE Group, Cl A ^*		6,004		521,688
CoStar Group ^*		7,829		716,588
Crown Castle ^‡		8,941		838,487
Digital Realty Trust ^‡		6,127		850,305
Equinix ‡		1,899		1,350,398
Equity Residential ‡		6,791		437,340
Essex Property Trust ^‡		1,417		348,936
Extra Space Storage ^‡		4,366		586,266
Federal Realty Investment Trust ^‡		1,439		149,901
Host Hotels & Resorts ^‡		15,407		290,730
Invitation Homes ^‡		11,154		381,467
Iron Mountain ^‡		5,777		447,833
Kimco Realty ^‡		12,227		227,789
Mid-America Apartment Communities ^‡		2,401		312,130
ProLogis ^‡		18,732		1,911,601
Public Storage ^‡		3,133		812,857
Realty Income ^‡		16,821		900,596
Regency Centers ^‡		3,242		191,991
SBA Communications, Cl A ^‡		2,322		432,171
Simon Property Group ^‡		6,664		936,492
UDR ^‡		6,009		228,823
Welltower ^‡		11,204		1,067,517
Weyerhaeuser ^‡		15,878		479,039
				17,355,803
Utilities — 2.4%
AES		13,912		249,025
Alliant Energy		5,117		254,827
Ameren		5,242		387,226
American Electric Power		9,757		839,395
American Water Works		3,627		443,655
Atmos Energy		2,494		294,043
CenterPoint Energy		11,382		331,671
CMS Energy		5,863		355,356

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Catholic Values ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Consolidated Edison		6,773	$	639,371
Constellation Energy		6,092		1,132,746
Dominion Energy		15,841		807,574
DTE Energy		3,943		434,992
Duke Energy		15,160		1,489,622
Edison International		7,446		529,113
Entergy		4,010		427,747
Evergy		4,823		252,966
Eversource Energy		6,789		411,549
Exelon		19,043		715,636
FirstEnergy		10,838		415,529
NextEra Energy		38,681		2,590,467
NiSource		7,405		206,303
NRG Energy		5,346		388,494
PG&E		37,810		646,929
Pinnacle West Capital		2,446		180,148
PPL		15,128		415,415
Public Service Enterprise Group		9,676		668,418
Sempra		12,561		899,744
Southern		20,814		1,529,829
WEC Energy Group		6,224		514,351
Xcel Energy		10,948		588,236
				19,040,377
TOTAL UNITED STATES				801,618,429
TOTAL COMMON STOCK (Cost $607,677,565)				802,883,239
TOTAL INVESTMENTS — 99.8% (Cost $607,677,565)			$	802,883,239

Percentages are based on Net Assets of $804,183,646.

*	Non-income producing security.
‡	Real Estate Investment Trust

As of April 30, 2024, 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.

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 96.2%
AUSTRALIA — 3.2%
Energy — 1.5%
Woodside Energy Group		9,286	$	170,223
Real Estate — 1.7%
Vicinity ^‡		157,649		197,061
TOTAL AUSTRALIA				367,284
AUSTRIA — 1.9%
Energy — 1.9%
OMV		4,624		220,909

BELGIUM — 1.9%
Financials — 1.9%
Ageas		4,780		220,490

BRAZIL — 1.4%
Materials — 1.4%
Yara International		5,463		156,626

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
CHINA — 2.4%
Industrials — 2.4%
SITC International Holdings		125,400	$	273,208

FRANCE — 9.9%
Communication Services — 1.7%
Orange		17,352		193,422
Financials — 4.4%
AXA		7,097		246,171
Credit Agricole		16,593		258,149
				504,320
Real Estate — 1.8%
Covivio ^‡		4,071		203,979
Utilities — 2.0%
Engie		13,573		236,127
TOTAL FRANCE				1,137,848
GERMANY — 4.0%
Consumer Discretionary — 2.1%
Mercedes-Benz Group		3,114		236,206
Materials — 1.9%
BASF		4,146		217,911
TOTAL GERMANY				454,117
HONG KONG — 9.7%
Communication Services — 1.6%
HKT Trust & HKT		163,120		180,614
Real Estate — 4.5%
Hang Lung Properties		297,300		331,085
Henderson Land Development		61,500		187,146
				518,231
Utilities — 3.6%
CK Infrastructure Holdings		36,700		207,872

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Power Assets Holdings		36,006	$	207,394
				415,266
TOTAL HONG KONG				1,114,111
ISRAEL — 1.0%
Materials — 1.0%
ICL Group		25,242		119,161

ITALY — 8.5%
Financials — 6.9%
Assicurazioni Generali		10,366		253,821
Mediobanca Banca di Credito Finanziario		19,943		284,678
Poste Italiane		20,132		256,593
				795,092
Utilities — 1.6%
Snam		38,560		177,374

TOTAL ITALY				972,466
JAPAN — 6.0%
Communication Services — 2.0%
SoftBank		19,481		236,572

Financials — 2.4%
Japan Post Holdings		28,504		273,692

Real Estate — 1.6%
Japan Metropolitan Fund Invest ^‡		296		179,445

TOTAL JAPAN				689,709
NETHERLANDS — 6.3%
Financials — 4.2%
ABN AMRO Bank		14,384		232,087
NN Group		5,580		258,646
				490,733

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
Materials — 2.1%
OCI		8,842	$	239,195

TOTAL NETHERLANDS				729,928
NEW ZEALAND — 1.6%
Communication Services — 1.6%
Spark New Zealand		64,285		181,454

NORWAY — 7.0%
Communication Services — 1.9%
Telenor		19,545		225,734

Energy — 2.0%
Aker BP		9,313		228,743

Materials — 3.1%
Norsk Hydro		56,840		353,641

TOTAL NORWAY				808,118
PORTUGAL — 1.3%
Utilities — 1.3%
EDP - Energias de Portugal		41,001		154,582

SPAIN — 6.5%
Industrials — 2.3%
ACS Actividades de Construccion y Servicios		6,694		268,983

Utilities — 4.2%
Enagas		11,023		162,181
Endesa		17,499		319,956
				482,137
TOTAL SPAIN				751,120
SWEDEN — 3.4%
Materials — 3.4%
Boliden		11,791		395,436

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
COMMON STOCK — continued
SWITZERLAND — 3.9%
Financials — 1.9%
Zurich Insurance Group		447	$	216,494

Industrials — 2.0%
Adecco Group		6,651		233,798

TOTAL SWITZERLAND				450,292
UNITED KINGDOM — 13.8%
Communication Services — 1.5%
Vodafone Group PLC		204,700		173,422

Consumer Staples — 1.6%
British American Tobacco PLC		6,384		187,932

Financials — 8.9%
Abrdn PLC		92,681		170,013
Aviva PLC		41,317		240,929
Legal & General Group PLC		72,560		214,419
M&G PLC		84,875		213,721
Phoenix Group Holdings PLC		29,705		182,181
				1,021,263
Utilities — 1.8%
National Grid PLC		15,448		202,716

TOTAL UNITED KINGDOM				1,585,333
UNITED STATES — 2.5%
Consumer Discretionary — 2.5%
Stellantis		12,970		289,569

TOTAL COMMON STOCK (Cost $11,053,816)				11,071,761

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X MSCI SuperDividend^® EAFE ETF

	Shares		Value
PREFERRED STOCK — 1.8%
GERMANY— 1.8%
Consumer Discretionary — 1.8%
Bayerische Motoren Werke ^(A)		2,013	$	207,708
TOTAL PREFERRED STOCK (Cost $210,327)				207,708
TOTAL INVESTMENTS — 98.0% (Cost $11,264,143)			$	11,279,469

Percentages are based on Net Assets of $11,513,100.

‡	Real Estate Investment Trust
(A)	There is currently no stated interest rate.

As of April 30, 2024, 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.

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.9%
AUSTRALIA — 0.6%
Consumer Discretionary — 0.6%
Temple & Webster Group ^*		53,768	$	399,420

BRAZIL — 3.5%
Communication Services — 0.4%
VTEX, Cl A ^*		35,006		259,744

Consumer Discretionary — 3.1%
MercadoLibre ^*		1,508		2,199,720

TOTAL BRAZIL				2,459,464
CANADA — 7.1%
Industrials — 4.0%
RB Global		38,996		2,791,334

Information Technology — 3.1%
Shopify, Cl A ^*		30,753		2,158,860

TOTAL CANADA				4,950,194

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — continued
CHINA — 22.5%
Communication Services — 3.7%
NetEase ADR		27,502	$	2,570,612

Consumer Discretionary — 18.8%
Alibaba Group Holding ADR		34,860		2,609,271
JD.com ADR		101,413		2,929,822
PDD Holdings ADR ^*		16,847		2,108,907
Trip.com Group ADR ^*		67,266		3,246,257
Vipshop Holdings ADR		150,244		2,259,670
				13,153,927
TOTAL CHINA				15,724,539
GERMANY — 0.4%
Consumer Discretionary — 0.4%
Jumia Technologies ADR ^*		70,022		307,397

HONG KONG — 0.4%
Consumer Discretionary — 0.4%
GigaCloud Technology, Cl A ^*		9,260		294,375

ISRAEL — 3.1%
Consumer Discretionary — 3.1%
Global-e Online ^*		63,417		2,126,372

JAPAN — 4.1%
Consumer Discretionary — 3.9%
Rakuten Group ^{* (A)}		554,176		2,688,739
Information Technology — 0.2%
BASE ^*		91,851		159,928

TOTAL JAPAN				2,848,667
SINGAPORE — 6.3%
Communication Services — 6.3%
Sea ADR ^*		69,811		4,411,357

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — continued
UNITED KINGDOM — 0.3%
Consumer Discretionary — 0.3%
ASOS ^{* (A)}		49,062	$	205,431

UNITED STATES — 51.6%
Communication Services — 4.0%
Angi, Cl A ^*		81,240		171,416
Shutterstock		16,941		723,550
TripAdvisor ^*		71,932		1,893,970
				2,788,936
Consumer Discretionary — 35.7%
Amazon.com ^*		16,199		2,834,825
Beyond ^*		31,148		627,009
Booking Holdings		716		2,471,654
Carvana, Cl A ^*		58,584		4,857,785
eBay		60,778		3,132,498
Etsy ^*		35,611		2,445,407
Expedia Group ^*		16,852		2,268,785
Groupon, Cl A ^{* (A)}		13,838		159,967
Qurate Retail, Cl A ^*		241,194		198,141
Wayfair, Cl A ^*		49,190		2,466,879
Williams-Sonoma		12,287		3,523,666
				24,986,616
Financials — 0.7%
eHealth ^*		25,267		108,143
LendingTree ^*		7,400		357,198
				465,341
Industrials — 2.7%
ACV Auctions, Cl A ^*		91,925		1,604,091
Liquidity Services *		15,585		268,997
				1,873,088
Information Technology — 4.6%
BigCommerce Holdings ^{* (A)}		44,359		251,072
GoDaddy, Cl A ^*		23,929		2,928,431

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
LivePerson ^*		53,714	$	26,905
				3,206,408
Real Estate — 3.9%
CoStar Group ^*		30,037		2,749,287

TOTAL UNITED STATES				36,069,676
TOTAL COMMON STOCK (Cost $78,990,141)				69,796,892

	Face Amount
REPURCHASE AGREEMENTS^(B)— 3.6%
Bank of America Securities 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $590,921 (collateralized by various U.S. Government Obligations, ranging in par value $377 - $478,671, 2.000% - 7.500%, 10/17/2025 - 08/20/2063, with a total market value of $602,651)	$	590,834		590,834
Citigroup Global Markets Inc. 5.320%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $590,921 (collateralized by various U.S. Government Obligations, ranging in par value $11,824 - $296,628, 2.000% - 6.500%, 12/01/2033 - 05/01/2054, with a total market value of $602,651)		590,834		590,834
Deutsche Bank Securities Inc., 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $162,695 (collateralized by various U.S. Government Obligations, ranging in par value $99 - $34,050, 2.000% - 7.000%, 02/01/2037 - 02/01/2054, with a total market value of $165,924)		162,671		162,671

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

	Face Amount		Value
REPURCHASE AGREEMENTS — continued
HSBC Securities USA Inc., 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $579,102 (collateralized by various U.S. Government Obligations, ranging in par value $36,190 - $874,536, 2.500% - 3.000%, 04/20/2043 - 10/20/2051, with a total market value of $590,597)	$	579,017	$	579,017
Nomura Securities International Inc., 5.310%, dated 04/30/2024, to be repurchased on 05/01/2024, repurchase price $590,921 (collateralized by various U.S. Government Obligations, ranging in par value $252 - $118,767, 2.000% - 7.500%, 10/01/2029 - 03/15/2058, with a total market value of $602,873)		590,834		590,834
TOTAL REPURCHASE AGREEMENTS (Cost $2,514,190)				2,514,190
TOTAL INVESTMENTS — 103.5% (Cost $81,504,331)			$	72,311,082

Percentages are based on Net Assets of $69,890,086.

*	Non-income producing security.
(A)	This security or a partial position of this security is on loan at April 30, 2024. The total market value of securities on loan at April 30, 2024 was $2,477,820.
(B)	These securities were purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2024 was $2,514,190. The total value of non-cash collateral held from securities on loan as of April 30, 2024 was $105,935.

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

Schedule of Investments		April 30, 2024 (Unaudited)
	Global X E-commerce ETF

The following is a summary of the level of inputs used as of April 30, 2024, in valuing the Fund’s investments carried at value:

Investments in Securities	Level 1		Level 2		Level 3		Total
Common Stock	$	69,796,892	$	—	$	—	$	69,796,892
Repurchase Agreements		—		2,514,190		—		2,514,190
Total Investments in Securities	$	69,796,892	$	2,514,190	$	—	$	72,311,082

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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.1%
AUSTRALIA — 8.3%
Communication Services — 0.1%
REA Group		57	$	6,649
Telstra Group		4,934		11,758
				18,407
Consumer Discretionary — 0.4%
Wesfarmers		1,605		69,609

Consumer Staples — 0.5%
Coles Group		2,758		29,048
Woolworths Group		2,472		51,206
				80,254
Energy — 0.4%
Santos		3,873		19,365
Woodside Energy Group		2,364		43,335
				62,700
Financials — 2.7%
ANZ Group Holdings		3,721		68,041
ASX		230		9,500
Commonwealth Bank of Australia		2,100		156,191

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Macquarie Group		445	$	54,171
National Australia Bank		3,874		85,027
QBE Insurance Group		1,793		20,643
Suncorp Group		1,518		16,383
Westpac Banking		4,476		75,453
				485,409
Health Care — 0.8%
Cochlear		351		74,097
EBOS Group		811		16,826
Sonic Healthcare		2,634		45,787
				136,710
Industrials — 0.5%
Brambles		2,446		23,221
Computershare		1,115		19,715
Transurban Group		5,233		42,612
				85,548
Information Technology — 0.1%
WiseTech Global		214		12,894

Materials — 2.5%
BHP Group		6,489		181,313
Fortescue		2,097		35,472
Glencore		14,078		82,445
Rio Tinto		472		39,994
Rio Tinto PLC		1,433		98,185
South32		5,773		13,458
				450,867
Real Estate — 0.3%
Goodman Group ^‡		2,124		43,708
Scentre Group ^‡		6,229		12,862
				56,570
TOTAL AUSTRALIA				1,458,968

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
AUSTRIA — 0.3%
Communication Services — 0.0%
Telekom Austria, Cl A		173	$	1,489

Energy — 0.1%
OMV		173		8,265

Financials — 0.1%
Erste Group Bank		434		20,358
Raiffeisen Bank International		171		3,178
				23,536
Industrials — 0.0%
ANDRITZ		112		6,156
Strabag		21		896
				7,052
Materials — 0.0%
voestalpine		165		4,432

Utilities — 0.1%
EVN		16		493
Verbund		114		8,728
				9,221
TOTAL AUSTRIA				53,995
BELGIUM — 1.3%
Consumer Staples — 0.6%
Anheuser-Busch InBev		1,780		106,888

Financials — 0.2%
Groupe Bruxelles Lambert		122		9,112
KBC Group		425		31,765
				40,877
Health Care — 0.5%
UCB		653		86,964
TOTAL BELGIUM				234,729

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
BRAZIL — 0.0%
Materials — 0.0%
Yara International		203	$	5,820

CHINA — 0.6%
Consumer Discretionary — 0.4%
Chow Tai Fook Jewellery Group		3,100		4,265
Prosus		2,140		72,101
				76,366
Consumer Staples — 0.1%
Budweiser Brewing APAC		3,800		5,345
Wilmar International		6,612		15,660
				21,005
Financials — 0.1%
BOC Hong Kong Holdings		4,500		13,895

TOTAL CHINA				111,266
DENMARK — 1.2%
Health Care — 0.5%
Coloplast, Cl B		679		82,391

Industrials — 0.6%
AP Moller - Maersk, Cl A		4		5,711
AP Moller - Maersk, Cl B		8		11,687
DSV		315		45,060
Svitzer ^*		24		808
Vestas Wind Systems ^*		1,770		47,806
				111,072
Utilities — 0.1%
Orsted ^*		230		12,718

TOTAL DENMARK				206,181
FINLAND — 0.8%
Energy — 0.1%
Neste		513		11,706

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — 0.4%
Nordea Bank Abp		4,421	$	51,799
Sampo, Cl A		573		23,233
				75,032
Industrials — 0.2%
Kone, Cl B		732		35,847

Information Technology — 0.1%
Nokia		6,573		23,977

TOTAL FINLAND				146,562
FRANCE — 10.7%
Consumer Discretionary — 2.6%
Christian Dior		4		3,124
Hermes International SCA		48		115,531
Kering		97		34,227
LVMH Moet Hennessy Louis Vuitton		368		304,716
				457,598
Consumer Staples — 2.0%
Danone		1,234		77,400
L’Oreal		449		211,074
Pernod Ricard		402		61,037
				349,511
Energy — 1.2%
TotalEnergies		2,785		204,252

Financials — 1.1%
AXA		2,223		77,108
BNP Paribas		1,267		91,595
Credit Agricole		1,359		21,143
				189,846
Health Care — 1.9%
EssilorLuxottica		1,541		330,863

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Industrials — 0.6%
Vinci		888	$	104,682

Information Technology — 0.4%
Capgemini		199		42,110
Dassault Systemes		848		33,576
				75,686
Materials — 0.7%
Air Liquide		671		131,928

Utilities — 0.2%
Engie		2,253		39,195

TOTAL FRANCE				1,883,561
GERMANY — 6.4%
Communication Services — 0.6%
Deutsche Telekom		4,346		99,864

Consumer Discretionary — 1.1%
adidas		234		56,646
Bayerische Motoren Werke		414		45,352
Mercedes-Benz Group		1,145		86,852
Volkswagen		38		5,396
				194,246
Consumer Staples — 0.2%
Beiersdorf		203		30,508
Henkel & KGaA		210		15,078
				45,586
Financials — 1.5%
Allianz		490		139,681
Deutsche Boerse		235		45,518
Muenchener Rueckversicherungs-Gesellschaft in Muenchen		172		75,809
				261,008
Industrials — 0.6%
Daimler Truck Holding		907		41,033

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Deutsche Post		1,648	$	69,181
Hapag-Lloyd		10		1,844
				112,058
Information Technology — 1.7%
Infineon Technologies		1,664		58,217
SAP		1,321		239,699
				297,916
Materials — 0.3%
BASF		1,129		59,339

Utilities — 0.4%
E.ON		2,877		38,146
RWE		854		29,796
Uniper ^*		4		224
				68,166
TOTAL GERMANY				1,138,183
HONG KONG — 1.8%
Financials — 1.1%
AIA Group		14,165		104,682
Hang Seng Bank		912		12,115
Hong Kong Exchanges & Clearing		1,494		48,060
Prudential		3,319		29,133
				193,990
Industrials — 0.2%
MTR		2,900		9,585
Techtronic Industries		2,432		34,018
				43,603
Real Estate — 0.3%
CK Asset Holdings		2,500		10,756
Henderson Land Development		1,700		5,173
Link ^‡		3,100		13,417
Sun Hung Kai Properties		1,940		18,045

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Wharf Real Estate Investment		2,000	$	6,252
				53,643
Utilities — 0.2%
CK Infrastructure Holdings		800		4,531
CLP Holdings		2,300		18,144
Hong Kong & China Gas		12,710		9,702
				32,377
TOTAL HONG KONG				323,613
ISRAEL — 0.7%
Communication Services — 0.0%
Bezeq The Israeli Telecommunication		2,362		2,941

Consumer Discretionary — 0.0%
Global-e Online ^*		104		3,487

Consumer Staples — 0.0%
Strauss Group		113		2,083

Energy — 0.0%
Delek Group		8		950

Financials — 0.3%
Bank Hapoalim		1,463		13,272
Bank Leumi Le-Israel		1,816		14,256
First International Bank of Israel		60		2,397
Israel Discount Bank, Cl A		1,463		7,557
Mizrahi Tefahot Bank		171		6,263
Phoenix Holdings		141		1,356
				45,101
Industrials — 0.0%
Shapir Engineering and Industry		209		1,147

Information Technology — 0.3%
Check Point Software Technologies ^*		120		17,931
JFrog ^*		134		5,344
Nice ^*		82		18,397

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Nova ^*		36	$	6,243
Tower Semiconductor ^*		135		4,420
Wix.com ^*		69		8,202
				60,537
Materials — 0.0%
Israel		5		1,200

Real Estate — 0.1%
Airport City ^*		95		1,472
Amot Investments		260		1,098
Azrieli Group		32		2,076
Big Shopping Centers ^*		14		1,450
Melisron		30		2,067
Mivne Real Estate KD		592		1,431
				9,594
TOTAL ISRAEL				127,040
ITALY — 2.4%
Consumer Discretionary — 0.4%
Ferrari		176		72,867
PRADA		600		4,933
				77,800
Consumer Staples — 0.1%
Davide Campari-Milano		1,136		11,442

Energy — 0.3%
Eni		2,990		48,391

Financials — 1.1%
Assicurazioni Generali		1,432		35,064
Intesa Sanpaolo		20,500		77,289
UniCredit		2,192		81,049
				193,402
Utilities — 0.5%
Enel		9,746		64,412
Snam		2,487		11,440

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

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
Terna - Rete Elettrica Nazionale		1,692	$	13,612
				89,464
TOTAL ITALY				420,499
JAPAN — 27.9%
Communication Services — 1.8%
Capcom		480		7,996
Dentsu Group		295		8,003
KDDI		1,849		51,699
Konami Group		116		7,043
LY		3,132		7,625
Nexon		548		8,607
Nintendo		1,449		71,085
Nippon Telegraph & Telephone		36,717		39,852
SoftBank		3,482		42,284
SoftBank Group		1,307		65,738
Toho		173		5,811
				315,743
Consumer Discretionary — 5.2%
Aisin		228		8,683
Bandai Namco Holdings		958		18,032
Bridgestone		796		35,302
Denso		3,096		52,953
Fast Retailing		274		72,346
Honda Motor		7,042		81,086
Isuzu Motors		830		10,546
Nissan Motor		3,054		11,289
Nitori Holdings		112		15,120
Oriental Land		1,664		46,124
Pan Pacific International Holdings		706		16,716
Panasonic Holdings		3,426		30,088
Rakuten Group ^*		2,031		9,854
Sekisui House		967		22,282
Shimano		114		18,701
Subaru		907		20,357
Sumitomo Electric Industries		1,123		17,420
Suzuki Motor		2,784		32,570

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Toyota Motor		17,493	$	404,407
				923,876
Consumer Staples — 1.7%
Aeon		1,782		37,392
Asahi Group Holdings		1,033		35,480
Kao		949		39,349
Kirin Holdings		1,625		23,756
Kobe Bussan		320		6,965
Nissin Foods Holdings		531		14,189
Seven & i Holdings		4,833		62,653
Shiseido		847		22,687
Suntory Beverage & Food		289		9,414
Unicharm		879		26,236
Yakult Honsha		682		13,374
				291,495
Energy — 0.2%
ENEOS Holdings		3,781		17,561
Inpex		1,239		18,837
				36,398
Financials — 3.4%
Dai-ichi Life Holdings		1,283		29,750
Japan Exchange Group		640		15,076
Japan Post Bank		1,719		17,516
Mitsubishi HC Capital		1,350		8,780
Mitsubishi UFJ Financial Group		15,449		155,064
Mizuho Financial Group		3,222		62,489
MS&AD Insurance Group Holdings		1,719		31,094
Nomura Holdings		3,578		20,463
ORIX		1,488		30,646
Resona Holdings		2,871		18,263
Sompo Holdings		1,248		24,744
Sumitomo Mitsui Financial Group		1,675		95,584
Sumitomo Mitsui Trust Holdings		916		19,314
Tokio Marine Holdings		2,473		78,434
				607,217

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Health Care — 4.0%
Eisai		1,620	$	66,935
Hoya		1,881		220,774
Kyowa Kirin		1,348		22,692
M3		2,393		25,722
Otsuka Holdings		3,002		128,615
Shionogi		1,491		69,867
Sysmex		2,547		41,005
Terumo		8,112		138,847
				714,457
Industrials — 6.1%
ANA Holdings		316		6,024
Central Japan Railway		1,842		42,338
Daifuku		619		12,831
East Japan Railway		1,954		35,922
FANUC		1,603		47,133
Hankyu Hanshin Holdings		450		11,822
ITOCHU		2,578		116,904
Japan Airlines		205		3,647
Komatsu		1,658		50,099
Kubota		1,827		29,553
Marubeni		3,034		54,447
MINEBEA MITSUMI		783		14,835
Mitsubishi Electric		3,779		66,591
Mitsui		2,695		130,824
Mitsui OSK Lines		600		19,026
NIDEC CORP		952		44,604
Nippon Yusen		920		26,109
Recruit Holdings		2,976		130,527
Secom		395		27,561
SG Holdings		824		9,658
SMC		102		54,135
Sumitomo		2,162		57,085
Tokyu		1,102		13,085
Toyota Industries		331		31,614
West Japan Railway		858		16,324
Yaskawa Electric		484		20,238
				1,072,936

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 3.4%
Advantest		1,039	$	32,986
Canon		1,300		35,357
Disco		117		34,052
Fujitsu		2,290		35,442
Keyence		253		113,023
Kyocera		1,768		21,712
Lasertec		96		21,108
Murata Manufacturing		2,400		44,282
NEC		342		24,993
Nomura Research Institute		644		15,694
NTT Data Group		811		12,750
Obic		77		9,962
Omron		242		8,397
Oracle Japan		55		4,157
Renesas Electronics		1,815		30,316
Rohm		464		6,765
TDK		463		20,843
Tokyo Electron		608		135,691
				607,530
Materials — 1.2%
Asahi Kasei		1,723		12,049
JFE Holdings		830		12,453
Mitsubishi Chemical Group		1,653		9,680
Nippon Paint Holdings		1,268		8,182
Nippon Sanso Holdings		282		8,431
Nippon Steel		1,255		28,240
Nitto Denko		181		15,033
Shin-Etsu Chemical		2,582		101,646
Sumitomo Metal Mining		344		11,616
Toray Industries		2,061		9,459
				216,789
Real Estate — 0.7%
Daiwa House Industry		806		22,741
Mitsubishi Estate		1,693		31,285
Mitsui Fudosan		3,432		35,178
Nippon Building Fund ^‡		2		7,664

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Sumitomo Realty & Development		580	$	20,242
				117,110
Utilities — 0.2%
Chubu Electric Power		923		11,877
Osaka Gas		514		11,432
Tokyo Gas		474		10,660
				33,969
TOTAL JAPAN				4,937,520
LUXEMBOURG — 0.1%
Materials — 0.1%
ArcelorMittal		571		14,403

NETHERLANDS — 5.1%
Communication Services — 0.1%
Universal Music Group		940		27,841

Consumer Staples — 0.6%
Heineken		515		50,276
Koninklijke Ahold Delhaize		1,884		57,292
				107,568
Financials — 0.7%
Adyen ^*		38		45,922
ING Groep		4,446		70,653
				116,575
Health Care — 0.7%
Argenx ^*		318		119,280

Industrials — 0.4%
Wolters Kluwer		434		65,316

Information Technology — 2.6%
ASML Holding		518		461,211

TOTAL NETHERLANDS				897,791

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
NEW ZEALAND — 0.6%
Communication Services — 0.0%
Spark New Zealand		2,270	$	6,407

Health Care — 0.3%
Fisher & Paykel Healthcare		3,263		54,972

Industrials — 0.1%
Auckland International Airport		2,090		9,709
Infratil		1,325		8,562
				18,271
Information Technology — 0.1%
Xero ^*		167		13,239

Utilities — 0.1%
Mercury NZ		760		2,869
Meridian Energy		1,473		5,230
				8,099
TOTAL NEW ZEALAND				100,988
NORWAY — 0.8%
Communication Services — 0.1%
Telenor		770		8,893

Consumer Staples — 0.2%
Mowi		1,000		17,694
Orkla		1,662		11,376
Salmar		146		9,249
				38,319
Energy — 0.2%
Aker BP		351		8,621
Equinor		1,225		33,069
Var Energi		381		1,252
				42,942
Financials — 0.1%
DNB Bank		1,097		19,228

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Gjensidige Forsikring		230	$	3,711
				22,939
Industrials — 0.1%
AutoStore Holdings ^*		2,052		2,964
Kongsberg Gruppen		172		12,208
				15,172
Materials — 0.1%
Norsk Hydro		1,687		10,496

TOTAL NORWAY				138,761
PORTUGAL — 0.1%
Utilities — 0.1%
EDP - Energias de Portugal		3,739		14,097

SINGAPORE — 1.7%
Communication Services — 0.2%
Sea ADR ^*		431		27,235
Singapore Telecommunications		8,290		14,467
				41,702
Financials — 0.9%
DBS Group Holdings		2,568		65,718
Oversea-Chinese Banking		4,894		51,138
United Overseas Bank		1,979		44,115
				160,971
Industrials — 0.3%
Grab Holdings, Cl A ^*		3,498		12,243
Jardine Cycle & Carriage		200		3,886
Keppel		2,300		11,603
Singapore Airlines		2,263		10,853
Singapore Technologies Engineering		2,728		8,062
				46,647
Information Technology — 0.2%
STMicroelectronics		836		33,651

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — 0.1%
CapitaLand Integrated Commercial Trust ^‡		5,534	$	7,953
CapitaLand Investment		2,829		5,518
				13,471
TOTAL SINGAPORE				296,442
SOUTH AFRICA — 0.3%
Materials — 0.3%
Anglo American		1,720		56,728

SPAIN — 2.5%
Communication Services — 0.1%
Cellnex Telecom		709		23,539

Consumer Discretionary — 0.6%
Amadeus IT Group		626		40,001
Industria de Diseno Textil		1,584		72,575
				112,576
Financials — 1.2%
Banco Bilbao Vizcaya Argentaria		7,283		79,237
Banco Santander		19,964		97,618
CaixaBank		5,096		26,983
				203,838
Utilities — 0.6%
EDP Renovaveis		354		4,872
Iberdrola		7,392		90,974
Naturgy Energy Group		210		5,326
				101,172
TOTAL SPAIN				441,125
SWEDEN — 3.5%
Communication Services — 0.0%
Telia		3,001		6,906

Consumer Discretionary — 0.1%
H & M Hennes & Mauritz, Cl B		913		14,703

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Volvo Car, Cl B ^*		637	$	2,027
				16,730
Consumer Staples — 0.2%
Essity, Cl B		1,241		31,048

Financials — 0.8%
EQT		427		11,761
Industrivarden, Cl A		227		7,387
Industrivarden, Cl C		221		7,186
Investor, Cl B		2,285		56,699
L E Lundbergforetagen, Cl B		92		4,593
Skandinaviska Enskilda Banken, Cl A		1,998		26,450
Skandinaviska Enskilda Banken, Cl C		4		54
Svenska Handelsbanken, Cl A		1,855		16,255
Svenska Handelsbanken, Cl B		55		595
Swedbank, Cl A		1,112		21,519
				152,499
Industrials — 2.0%
Alfa Laval		506		21,834
Assa Abloy, Cl B		1,739		46,739
Atlas Copco, Cl A		4,525		80,578
Atlas Copco, Cl B		2,732		41,692
Epiroc, Cl A		1,045		19,689
Epiroc, Cl B		661		11,117
Investment Latour, Cl B		239		5,869
Nibe Industrier, Cl B		2,721		12,792
Sandvik		1,888		38,307
Volvo, Cl A		324		8,643
Volvo, Cl B		2,780		71,780
				359,040
Information Technology — 0.3%
Hexagon, Cl B		2,724		28,975
Telefonaktiebolaget LM Ericsson, Cl B		3,927		20,114
				49,089

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Materials — 0.1%
Svenska Cellulosa, Cl B		752	$	11,103

TOTAL SWEDEN				626,415
SWITZERLAND — 4.5%
Consumer Discretionary — 0.6%
Cie Financiere Richemont, Cl A		756		105,427

Financials — 1.1%
UBS Group		3,812		100,875
Zurich Insurance Group		183		88,632
				189,507
Health Care — 1.2%
Alcon		2,678		207,606

Industrials — 0.9%
ABB		2,822		138,123
Kuehne + Nagel International		102		27,103
				165,226
Materials — 0.7%
DSM-Firmenich		267		30,176
Givaudan		10		43,025
Sika		204		58,565
				131,766
TOTAL SWITZERLAND				799,532
UNITED KINGDOM — 10.4%
Communication Services — 0.2%
BT Group, Cl A		7,882		10,126
Vodafone Group PLC		28,184		23,877
				34,003
Consumer Discretionary — 0.4%
Compass Group		2,520		70,429

Consumer Staples — 2.9%
Associated British Foods		732		24,344
Coca-Cola Europacific Partners		427		30,753

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Diageo		4,349	$	151,142
Tesco		14,389		53,385
Unilever		4,947		256,446
				516,070
Energy — 2.4%
BP		20,860		135,927
Shell		8,098		290,304
				426,231
Financials — 2.7%
3i Group		1,232		44,366
Barclays		17,563		44,577
HSBC Holdings		23,892		208,097
Legal & General Group PLC		7,189		21,244
Lloyds Banking Group		81,051		52,672
London Stock Exchange Group		490		54,275
NatWest Group		6,773		25,739
Standard Chartered		2,957		25,541
				476,511
Industrials — 1.3%
Ashtead Group		790		57,789
CK Hutchison Holdings		4,920		24,061
RELX		3,333		137,847
				219,697
Utilities — 0.5%
National Grid PLC		4,713		61,846
SSE		1,355		28,275
				90,121
TOTAL UNITED KINGDOM				1,833,062
UNITED STATES — 7.1%
Communication Services — 0.3%
Spotify Technology ^*		175		49,077

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — 0.4%
Stellantis		3,123	$	69,724

Consumer Staples — 0.3%
Haleon		12,567		53,423

Energy — 0.0%
Tenaris		567		9,503

Health Care — 3.4%
CSL		2,597		466,718
ICON ^*		441		131,365
Inmode ^*		342		5,879
				603,962
Industrials — 1.6%
Experian		1,613		65,520
Schneider Electric		935		215,047
				280,567
Information Technology — 0.2%
CyberArk Software ^*		51		12,202
Flex ^*		587		16,817
Monday.com ^*		33		6,248
				35,267
Materials — 0.9%
CRH		938		73,243
Holcim		697		58,654
James Hardie Industries ^*		567		19,959
				151,856
TOTAL UNITED STATES				1,253,379
TOTAL COMMON STOCK (Cost $15,589,102)				17,520,660

PREFERRED STOCK — 0.4%
GERMANY— 0.4%
Consumer Discretionary — 0.3%
Bayerische Motoren Werke ^(A)		76		7,842

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

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P Catholic Values Developed ex-US ETF

	Shares		Value
PREFERRED STOCK — continued
Consumer Discretionary — continued
Dr Ing hc F Porsche ^(A)		132	$	11,814
Volkswagen ^(A)		249		30,658
				50,314
Consumer Staples — 0.1%
Henkel & KGaA ^(A)		336		26,751
TOTAL GERMANY				77,065
TOTAL PREFERRED STOCK (Cost $88,775)				77,065
TOTAL INVESTMENTS — 99.5% (Cost $15,677,877)			$	17,597,725

Percentages are based on Net Assets of $17,677,877.

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

As of April 30, 2024, 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.

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.2%
BRAZIL — 0.5%
Consumer Discretionary — 0.5%
MercadoLibre ^*		9	$	13,128

CHINA — 1.1%
Consumer Discretionary — 0.6%
PDD Holdings ADR ^*		120		15,021

Information Technology — 0.5%
NXP Semiconductors		46		11,785

TOTAL CHINA				26,806
NETHERLANDS — 0.6%
Information Technology — 0.6%
ASML Holding		16		13,960

UNITED KINGDOM — 0.6%
Consumer Staples — 0.3%
Coca-Cola Europacific Partners PLC		83		5,978

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

100

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Health Care — 0.3%
AstraZeneca PLC ADR		105	$	7,967

TOTAL UNITED KINGDOM				13,945
UNITED STATES — 96.4%
Communication Services — 15.5%
Alphabet, Cl A ^*		414		67,391
Alphabet, Cl C ^*		398		65,527
Charter Communications, Cl A ^*		26		6,654
Comcast, Cl A		718		27,363
Electronic Arts		48		6,087
Meta Platforms, Cl A		245		105,392
Netflix *		79		43,501
Sirius XM Holdings		703		2,067
Take-Two Interactive Software ^*		30		4,284
T-Mobile US		215		35,296
Trade Desk, Cl A ^*		82		6,794
Warner Bros Discovery ^*		444		3,268
				373,624
Consumer Discretionary — 11.9%
Airbnb, Cl A ^*		79		12,527
Amazon.com ^*		729		127,575
Booking Holdings		6		20,712
DoorDash, Cl A ^*		68		8,790
Lululemon Athletica ^*		21		7,573
Marriott International, Cl A		53		12,515
O’Reilly Automotive ^*		10		10,133
Ross Stores		61		7,902
Starbucks		205		18,140
Tesla ^*		339		62,132
				287,999
Consumer Staples — 6.4%
Costco Wholesale		81		58,555
Dollar Tree ^*		39		4,612
Keurig Dr Pepper		250		8,425
Kraft Heinz		218		8,417
Mondelez International, Cl A		244		17,553
Monster Beverage ^*		188		10,049

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

101

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
PepsiCo		249	$	43,802
Walgreens Boots Alliance		158		2,801
				154,214
Energy — 0.5%
Baker Hughes, Cl A		180		5,872
Diamondback Energy		33		6,637
				12,509
Financials — 0.5%
PayPal Holdings ^*		194		13,176

Health Care — 5.8%
Amgen		97		26,572
Biogen ^*		26		5,585
Dexcom ^*		70		8,917
GE HealthCare Technologies		82		6,252
Gilead Sciences		225		14,670
IDEXX Laboratories ^*		15		7,392
Illumina ^*		28		3,445
Intuitive Surgical ^*		64		23,720
Moderna ^*		69		7,611
Regeneron Pharmaceuticals ^*		19		16,923
Vertex Pharmaceuticals ^*		47		18,462
				139,549
Industrials — 4.6%
Automatic Data Processing		74		17,900
Cintas		18		11,850
Copart ^*		173		9,395
CSX		354		11,760
Fastenal		104		7,066
Honeywell International		118		22,742
Old Dominion Freight Line		38		6,905
PACCAR		95		10,080
Paychex		65		7,723
Verisk Analytics, Cl A		26		5,667
				111,088

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

102

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 48.0%
Adobe ^*		82	$	37,952
Advanced Micro Devices ^*		293		46,405
Analog Devices		90		18,055
ANSYS ^*		16		5,198
Apple		1,085		184,808
Applied Materials		151		29,996
Atlassian, Cl A ^*		28		4,824
Autodesk ^*		38		8,088
Broadcom		84		109,223
Cadence Design Systems ^*		49		13,506
CDW		24		5,805
Cisco Systems		734		34,483
Cognizant Technology Solutions, Cl A		91		5,977
Crowdstrike Holdings, Cl A ^*		42		12,287
Datadog, Cl A ^*		55		6,902
Fortinet ^*		137		8,656
GLOBALFOUNDRIES ^*		101		4,937
Intel		766		23,340
Intuit		51		31,907
KLA		25		17,232
Lam Research		24		21,466
Marvell Technology		156		10,282
Microchip Technology		98		9,014
Micron Technology		200		22,592
Microsoft		522		203,230
MongoDB, Cl A ^*		13		4,747
NVIDIA		176		152,068
ON Semiconductor ^*		77		5,402
Palo Alto Networks ^*		59		17,162
QUALCOMM		203		33,668
Roper Technologies		19		9,718
Synopsys ^*		28		14,857
Texas Instruments		164		28,933
Workday, Cl A ^*		38		9,300
Zscaler ^*		27		4,669
				1,156,689

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

103

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Materials — 1.6%
Linde PLC		88	$	38,804

Real Estate — 0.3%
CoStar Group ^*		74		6,773

Utilities — 1.3%
American Electric Power		95		8,173
Constellation Energy		57		10,599
Exelon		180		6,764
Xcel Energy		101		5,427
				30,963
TOTAL UNITED STATES				2,325,388
TOTAL COMMON STOCK (Cost $2,309,389)				2,393,227

PURCHASED OPTIONS — 0.6% (Cost $26,131)				14,000

TOTAL INVESTMENTS — 99.8% (Cost $2,335,520)			$	2,407,227

Percentages are based on Net Assets of $2,411,019.

A list of the exchange traded option contracts held by the Fund at April 30, 2024, is as follows:

Description	Number of Contracts	Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 0.6%
Put Options
Nasdaq-100® Reduced-Value Index	7	$	2,441,698	$	3,220	06/21/24	$	14,000

*	Non-income producing security.

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

104

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Tail Risk ETF

As of April 30, 2024, 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.

105

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 98.1%
BRAZIL — 0.6%
Consumer Discretionary — 0.6%
MercadoLibre ^*		6	$	8,752

CHINA — 1.1%
Consumer Discretionary — 0.6%
PDD Holdings ADR ^*		81		10,140

Information Technology — 0.5%
NXP Semiconductors		32		8,198

TOTAL CHINA				18,338
NETHERLANDS — 0.5%
Information Technology — 0.5%
ASML Holding		10		8,725

UNITED KINGDOM — 0.6%
Consumer Staples — 0.3%
Coca-Cola Europacific Partners PLC		60		4,321

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

106

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Health Care — 0.3%
AstraZeneca PLC ADR		69	$	5,236

TOTAL UNITED KINGDOM				9,557
UNITED STATES — 95.3%
Communication Services — 15.3%
Alphabet, Cl A ^*		279		45,416
Alphabet, Cl C ^*		267		43,959
Charter Communications, Cl A ^*		19		4,863
Comcast, Cl A		487		18,559
Electronic Arts		35		4,439
Meta Platforms, Cl A		166		71,408
Netflix *		53		29,184
Sirius XM Holdings		470		1,382
Take-Two Interactive Software ^*		20		2,856
T-Mobile US		144		23,640
Trade Desk, Cl A ^*		54		4,474
Warner Bros Discovery ^*		295		2,171
				252,351
Consumer Discretionary — 11.8%
Airbnb, Cl A ^*		53		8,404
Amazon.com ^*		489		85,575
Booking Holdings		4		13,808
DoorDash, Cl A ^*		47		6,075
Lululemon Athletica ^*		16		5,770
Marriott International, Cl A		35		8,264
O’Reilly Automotive ^*		7		7,093
Ross Stores		41		5,312
Starbucks		139		12,300
Tesla ^*		227		41,605
				194,206
Consumer Staples — 6.3%
Costco Wholesale		54		39,037
Dollar Tree ^*		29		3,429
Keurig Dr Pepper		173		5,830
Kraft Heinz		149		5,753
Mondelez International, Cl A		164		11,798
Monster Beverage ^*		129		6,895

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

107

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
PepsiCo		169	$	29,729
Walgreens Boots Alliance		104		1,844
				104,315
Energy — 0.5%
Baker Hughes, Cl A		123		4,012
Diamondback Energy		20		4,023
				8,035
Financials — 0.6%
PayPal Holdings ^*		134		9,101

Health Care — 5.7%
Amgen		66		18,080
Biogen ^*		19		4,082
Dexcom ^*		47		5,987
GE HealthCare Technologies		56		4,269
Gilead Sciences		151		9,845
IDEXX Laboratories ^*		9		4,435
Illumina ^*		20		2,461
Intuitive Surgical ^*		44		16,307
Moderna ^*		45		4,964
Regeneron Pharmaceuticals ^*		13		11,579
Vertex Pharmaceuticals ^*		31		12,177
				94,186
Industrials — 4.6%
Automatic Data Processing		50		12,094
Cintas		12		7,900
Copart ^*		115		6,246
CSX		244		8,106
Fastenal		68		4,620
Honeywell International		81		15,611
Old Dominion Freight Line		28		5,088
PACCAR		63		6,685
Paychex		45		5,346
Verisk Analytics, Cl A		17		3,705
				75,401

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

108

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — 47.3%
Adobe ^*		55	$	25,456
Advanced Micro Devices ^*		199		31,518
Analog Devices		61		12,237
ANSYS ^*		10		3,249
Apple		727		123,830
Applied Materials		102		20,262
Atlassian, Cl A ^*		19		3,274
Autodesk ^*		27		5,747
Broadcom		56		72,815
Cadence Design Systems ^*		33		9,096
CDW		17		4,112
Cisco Systems		497		23,349
Cognizant Technology Solutions, Cl A		63		4,138
Crowdstrike Holdings, Cl A ^*		28		8,191
Datadog, Cl A ^*		40		5,020
Fortinet ^*		96		6,065
GLOBALFOUNDRIES ^*		67		3,275
Intel		518		15,783
Intuit		34		21,271
KLA		16		11,029
Lam Research		16		14,311
Marvell Technology		104		6,855
Microchip Technology		67		6,163
Micron Technology		134		15,137
Microsoft		350		136,265
MongoDB, Cl A ^*		10		3,652
NVIDIA		118		101,954
ON Semiconductor ^*		52		3,648
Palo Alto Networks ^*		38		11,054
QUALCOMM		137		22,721
Roper Technologies		14		7,160
Synopsys ^*		19		10,081
Texas Instruments		110		19,406
Workday, Cl A ^*		26		6,363
Zscaler ^*		19		3,286
				777,773

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

109

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

	Shares		Value
COMMON STOCK — continued
Materials — 1.6%
Linde PLC		59	$	26,017

Real Estate — 0.3%
CoStar Group ^*		51		4,668

Utilities — 1.3%
American Electric Power		67		5,764
Constellation Energy		38		7,066
Exelon		122		4,585
Xcel Energy		68		3,653
				21,068
TOTAL UNITED STATES				1,567,121
TOTAL COMMON STOCK (Cost $1,491,065)				1,612,493

PURCHASED OPTIONS — 1.3% (Cost $27,292)				22,400

TOTAL INVESTMENTS — 99.4% (Cost $1,518,357)			$	1,634,893

WRITTEN OPTIONS— (0.0)% (Premiums Received $(2,712))			$	(529	)

Percentages are based on Net Assets of $1,644,162.

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

110

Schedule of Investments

April 30, 2024 (Unaudited)

Global X NASDAQ 100^® Collar 95-110 ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2024, is as follows:

Description	Number of Contracts	Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 1.3%
Put Options
Nasdaq-100® Reduced-Value Index	4	$	1,395,256	$	3,400	06/21/24	$	22,400

WRITTEN OPTIONS — 0.0%
Call Options
Nasdaq-100® Reduced-Value Index	(4)	$	(1,395,256)	$	3,900	06/21/24	$	(529)

*	Non-income producing security.

The following is a summary of the level of inputs used as of April 30, 2024, 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	$	1,612,493	$	—	$	—	$	1,612,493
Purchased Options		22,400				—		22,400
Total Investments in Securities	$	1,634,893	$	—	$	—	$	1,634,893

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Written Options	$	(529)	$	—	$	—	$	(529)
Total Other Financial Instruments	$	(529)	$	—	$	—	$	(529)

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.

111

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.6%
CHINA — 0.2%
Information Technology — 0.2%
NXP Semiconductors		19	$	4,868

UNITED STATES — 99.4%
Communication Services — 9.1%
Alphabet, Cl A ^*		437		71,135
Alphabet, Cl C ^*		366		60,258
AT&T		530		8,952
Charter Communications, Cl A ^*		8		2,047
Comcast, Cl A		298		11,357
Electronic Arts		19		2,410
Fox, Cl A		21		651
Fox, Cl B		8		229
Interpublic Group		27		822
Live Nation Entertainment ^*		10		889
Match Group ^*		20		616
Meta Platforms, Cl A		163		70,118
Netflix *		32		17,620
News, Cl A		24		571
News, Cl B		4		98

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

112

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Communication Services — continued
Omnicom Group		14	$	1,300
Paramount Global, Cl B		35		399
Take-Two Interactive Software ^*		12		1,714
T-Mobile US		39		6,403
Verizon Communications		312		12,321
Walt Disney		136		15,110
Warner Bros Discovery ^*		164		1,207
				286,227
Consumer Discretionary — 10.2%
Airbnb, Cl A ^*		32		5,074
Amazon.com ^*		679		118,825
Aptiv PLC ^*		20		1,420
AutoZone ^*		1		2,956
Bath & Body Works		17		772
Best Buy		15		1,105
Booking Holdings		2		6,904
BorgWarner		22		721
Caesars Entertainment ^*		16		573
CarMax ^*		11		748
Carnival ^*		77		1,141
Chipotle Mexican Grill, Cl A ^*		2		6,319
Darden Restaurants		9		1,381
Deckers Outdoor ^*		2		1,637
Domino’s Pizza		2		1,059
DR Horton		22		3,135
eBay		43		2,216
Etsy ^*		11		755
Expedia Group ^*		11		1,481
Ford Motor		289		3,511
Garmin		11		1,589
General Motors		86		3,830
Genuine Parts		10		1,572
Hasbro		8		490
Hilton Worldwide Holdings		20		3,946
Home Depot		74		24,732
Las Vegas Sands		29		1,286
Lennar, Cl A		18		2,729
LKQ		22		949

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

113

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Discretionary — continued
Lowe’s		43	$	9,804
Lululemon Athletica ^*		9		3,245
Marriott International, Cl A		19		4,486
McDonald’s		54		14,744
MGM Resorts International ^*		23		907
Mohawk Industries ^*		4		461
NIKE, Cl B		90		8,303
Norwegian Cruise Line Holdings ^*		27		511
O’Reilly Automotive ^*		4		4,053
Pool		3		1,088
PulteGroup		16		1,783
Ralph Lauren, Cl A		3		491
Ross Stores		26		3,368
Royal Caribbean Cruises ^*		19		2,653
Starbucks		84		7,433
Tapestry		16		639
Tesla ^*		207		37,939
TJX		85		7,998
Tractor Supply		8		2,185
Ulta Beauty ^*		3		1,215
Wynn Resorts		7		642
Yum! Brands		21		2,966
				319,770
Consumer Staples — 6.2%
Altria Group		131		5,739
Archer-Daniels-Midland		40		2,346
Brown-Forman, Cl B		15		718
Bunge Global		12		1,221
Campbell Soup		15		686
Church & Dwight		20		2,158
Clorox		9		1,331
Coca-Cola		289		17,851
Colgate-Palmolive		63		5,791
Conagra Brands		33		1,016
Constellation Brands, Cl A		12		3,041
Costco Wholesale		33		23,856
Dollar General		15		2,088
Dollar Tree ^*		15		1,774

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

114

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Consumer Staples — continued
Estee Lauder, Cl A		17	$	2,494
General Mills		44		3,100
Hershey		11		2,133
Hormel Foods		21		747
J M Smucker		7		804
Kellanova		22		1,273
Kenvue		130		2,447
Keurig Dr Pepper		73		2,460
Kimberly-Clark		26		3,550
Kraft Heinz		61		2,355
Kroger		50		2,769
Lamb Weston Holdings		10		833
McCormick		18		1,369
Molson Coors Beverage, Cl B		14		802
Mondelez International, Cl A		100		7,194
Monster Beverage ^*		58		3,100
PepsiCo		102		17,943
Philip Morris International		115		10,918
Procter & Gamble		175		28,560
Sysco		39		2,898
Target		35		5,634
Tyson Foods, Cl A		21		1,274
Walgreens Boots Alliance		53		940
Walmart		320		18,992
				194,205
Energy — 4.1%
APA		23		723
Baker Hughes, Cl A		75		2,446
Chevron		129		20,804
ConocoPhillips		87		10,929
Coterra Energy		53		1,450
Devon Energy		50		2,559
Diamondback Energy		13		2,615
EOG Resources		44		5,814
EQT		28		1,123
Exxon Mobil		295		34,890
Halliburton		66		2,473
Hess		21		3,307

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

115

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Energy — continued
Kinder Morgan		143	$	2,614
Marathon Oil		47		1,262
Marathon Petroleum		27		4,906
Occidental Petroleum		49		3,241
ONEOK		44		3,481
Phillips 66		32		4,583
Pioneer Natural Resources		17		4,578
Schlumberger		108		5,128
Targa Resources		18		2,053
Valero Energy		24		3,837
Williams		93		3,567
				128,383
Financials — 13.1%
Aflac		42		3,513
Allstate		19		3,231
American Express		43		10,063
American International Group		52		3,916
Ameriprise Financial		8		3,294
Aon PLC, Cl A		15		4,230
Arch Capital Group ^*		29		2,713
Arthur J Gallagher		15		3,520
Assurant		4		698
Bank of America		511		18,912
Bank of New York Mellon		55		3,107
Berkshire Hathaway, Cl B ^*		135		53,559
BlackRock, Cl A		10		7,546
Blackstone		53		6,180
Brown & Brown		19		1,549
Capital One Financial		28		4,016
Cboe Global Markets		7		1,268
Charles Schwab		112		8,282
Chubb		30		7,459
Cincinnati Financial		12		1,388
Citigroup		142		8,709
Citizens Financial Group		33		1,126
CME Group, Cl A		26		5,451
Comerica		9		452
Corpay ^*		5		1,511

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

116

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Discover Financial Services		20	$	2,535
Everest Group		3		1,099
FactSet Research Systems		3		1,251
Fidelity National Information Services		45		3,056
Fifth Third Bancorp		50		1,823
Fiserv ^*		45		6,870
Franklin Resources		19		434
Global Payments		20		2,455
Globe Life		6		457
Goldman Sachs Group		24		10,241
Hartford Financial Services Group		22		2,132
Huntington Bancshares		106		1,428
Intercontinental Exchange		43		5,537
Invesco		35		496
Jack Henry & Associates		5		813
JPMorgan Chase		215		41,224
KeyCorp		68		985
Loews		14		1,052
M&T Bank		12		1,733
MarketAxess Holdings		3		600
Marsh & McLennan		37		7,379
Mastercard, Cl A		62		27,974
MetLife		45		3,199
Moody’s		12		4,444
Morgan Stanley		93		8,448
MSCI, Cl A		6		2,795
Nasdaq		28		1,676
Northern Trust		16		1,318
PayPal Holdings ^*		80		5,434
PNC Financial Services Group		30		4,598
Principal Financial Group		15		1,187
Progressive		44		9,163
Prudential Financial		26		2,872
Raymond James Financial		15		1,830
Regions Financial		69		1,330
S&P Global		24		9,980
State Street		22		1,595
Synchrony Financial		33		1,451
T Rowe Price Group		18		1,972

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

117

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Financials — continued
Travelers		17	$	3,607
Truist Financial		100		3,755
US Bancorp		117		4,754
Visa, Cl A		118		31,696
W R Berkley		16		1,232
Wells Fargo		269		15,957
Willis Towers Watson PLC		7		1,758
				413,318
Health Care — 12.3%
Abbott Laboratories		129		13,670
AbbVie		131		21,306
Agilent Technologies		22		3,015
Align Technology ^*		5		1,412
Amgen		40		10,958
Baxter International		38		1,534
Becton Dickinson		22		5,161
Biogen ^*		11		2,363
Bio-Rad Laboratories, Cl A ^*		1		270
Bio-Techne		11		695
Boston Scientific *		109		7,834
Bristol-Myers Squibb		151		6,635
Cardinal Health		19		1,958
Catalent ^*		13		726
Cencora		12		2,869
Centene ^*		43		3,142
Charles River Laboratories International ^*		4		916
Cigna Group		22		7,855
Cooper		15		1,336
CVS Health		95		6,432
Danaher		48		11,838
DaVita ^*		4		556
Dexcom ^*		29		3,694
Edwards Lifesciences ^*		47		3,980
Elevance Health		18		9,514
Eli Lilly		59		46,085
GE HealthCare Technologies		30		2,287
Gilead Sciences		95		6,194
HCA Healthcare		14		4,337

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

118

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Health Care — continued
Henry Schein ^*		9	$	624
Hologic ^*		18		1,364
Humana		9		2,719
IDEXX Laboratories ^*		7		3,449
Illumina ^*		11		1,354
Incyte ^*		14		729
Insulet ^*		6		1,032
Intuitive Surgical ^*		26		9,636
IQVIA Holdings ^*		13		3,013
Johnson & Johnson		179		25,882
Laboratory Corp of America Holdings		6		1,208
McKesson		10		5,372
Medtronic PLC		99		7,944
Merck		188		24,293
Mettler-Toledo International ^*		2		2,459
Moderna ^*		24		2,647
Molina Healthcare ^*		4		1,368
Pfizer		424		10,863
Quest Diagnostics		8		1,105
Regeneron Pharmaceuticals ^*		8		7,125
ResMed		11		2,354
Revvity		9		922
Solventum ^*		9		585
STERIS PLC		8		1,636
Stryker		25		8,413
Teleflex		4		835
Thermo Fisher Scientific		29		16,493
UnitedHealth Group		68		32,892
Universal Health Services, Cl B		4		682
Vertex Pharmaceuticals ^*		19		7,463
Viatris		87		1,007
Waters ^*		4		1,236
West Pharmaceutical Services		5		1,787
Zimmer Biomet Holdings		15		1,804
Zoetis, Cl A		34		5,414
				386,281
Industrials — 8.8%
3M		41		3,957

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

119

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
A O Smith		8	$	663
Allegion PLC		5		608
American Airlines Group ^*		45		608
AMETEK		16		2,795
Automatic Data Processing		31		7,499
Axon Enterprise ^*		5		1,568
Boeing ^*		43		7,217
Broadridge Financial Solutions		8		1,547
Builders FirstSource ^*		9		1,645
Carrier Global		62		3,812
Caterpillar		37		12,379
CH Robinson Worldwide		8		568
Cintas		7		4,608
Copart ^*		64		3,476
CSX		152		5,050
Cummins		11		3,107
Dayforce ^*		11		675
Deere		20		7,828
Delta Air Lines		48		2,403
Dover		10		1,793
Eaton PLC		30		9,548
Emerson Electric		44		4,742
Equifax		8		1,762
Expeditors International of Washington		11		1,224
Fastenal		43		2,921
FedEx		17		4,450
Fortive		25		1,882
GE Vernova ^*		20		3,074
Generac Holdings ^*		5		680
General Dynamics		16		4,594
General Electric		81		13,107
Honeywell International		48		9,251
Howmet Aerospace		31		2,069
Hubbell, Cl B		4		1,482
Huntington Ingalls Industries		3		831
IDEX		6		1,323
Illinois Tool Works		20		4,882
Ingersoll Rand		29		2,706
Jacobs Solutions		9		1,292

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

120

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
JB Hunt Transport Services		7	$	1,138
Johnson Controls International		52		3,384
L3Harris Technologies		15		3,211
Leidos Holdings		10		1,402
Lockheed Martin		16		7,439
Masco		15		1,027
Nordson		3		775
Norfolk Southern		17		3,916
Northrop Grumman		10		4,850
Old Dominion Freight Line		14		2,544
Otis Worldwide		31		2,827
PACCAR		38		4,032
Parker-Hannifin		10		5,449
Paychex		24		2,851
Paycom Software		4		752
Pentair PLC		11		870
Quanta Services		10		2,586
Republic Services, Cl A		16		3,067
Robert Half		7		484
Rockwell Automation		8		2,168
Rollins		18		802
RTX		98		9,949
Snap-On		4		1,072
Southwest Airlines		44		1,141
Stanley Black & Decker		10		914
Textron		14		1,184
Trane Technologies PLC		17		5,395
TransDigm Group		4		4,992
Uber Technologies ^*		152		10,073
Union Pacific		45		10,672
United Airlines Holdings ^*		22		1,132
United Parcel Service, Cl B		54		7,964
United Rentals		5		3,340
Veralto		16		1,499
Verisk Analytics, Cl A		11		2,398
Waste Management		27		5,617
Westinghouse Air Brake Technologies		14		2,255
WW Grainger		3		2,764

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

121

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Industrials — continued
Xylem		17	$	2,222
				275,783
Information Technology — 28.9%
Accenture PLC, Cl A		46		13,842
Adobe ^*		33		15,273
Advanced Micro Devices ^*		120		19,006
Akamai Technologies ^*		11		1,110
Amphenol, Cl A		44		5,314
Analog Devices		36		7,222
ANSYS ^*		7		2,274
Apple		1,077		183,445
Applied Materials		63		12,515
Arista Networks ^*		19		4,875
Autodesk ^*		15		3,193
Broadcom		33		42,909
Cadence Design Systems ^*		20		5,513
CDW		10		2,419
Cisco Systems		304		14,282
Cognizant Technology Solutions, Cl A		39		2,561
Corning		57		1,903
Enphase Energy ^*		11		1,196
EPAM Systems ^*		4		941
F5 ^*		4		661
Fair Isaac ^*		2		2,267
First Solar ^*		7		1,234
Fortinet ^*		50		3,159
Gartner ^*		6		2,476
Gen Digital		41		826
Hewlett Packard Enterprise		94		1,598
HP		64		1,798
Intel		316		9,628
International Business Machines		68		11,302
Intuit		21		13,138
Jabil		9		1,056
Juniper Networks		23		801
Keysight Technologies ^*		14		2,071
KLA		10		6,893
Lam Research		10		8,944

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

122

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Information Technology — continued
Microchip Technology		41	$	3,771
Micron Technology		81		9,150
Microsoft		551		214,521
Monolithic Power Systems		4		2,677
Motorola Solutions		12		4,070
NetApp		16		1,635
NVIDIA		184		158,980
ON Semiconductor ^*		32		2,245
Oracle		119		13,536
Palo Alto Networks ^*		23		6,690
PTC ^*		10		1,774
Qorvo ^*		8		935
QUALCOMM		83		13,766
Roper Technologies		8		4,092
Salesforce		72		19,364
Seagate Technology Holdings		14		1,203
ServiceNow ^*		15		10,400
Skyworks Solutions		11		1,172
Super Micro Computer ^*		4		3,435
Synopsys ^*		11		5,836
TE Connectivity		24		3,395
Teledyne Technologies ^*		3		1,144
Teradyne		11		1,279
Texas Instruments		67		11,820
Trimble ^*		22		1,322
Tyler Technologies ^*		3		1,385
VeriSign ^*		6		1,017
Western Digital ^*		22		1,558
Zebra Technologies, Cl A ^*		3		944
				910,761
Materials — 2.3%
Air Products & Chemicals		16		3,781
Albemarle		8		962
Amcor PLC		109		974
Avery Dennison		5		1,086
Ball		23		1,600
Celanese, Cl A		8		1,229
CF Industries Holdings		14		1,106

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

123

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Corteva		54	$	2,923
Dow		53		3,016
DuPont de Nemours		33		2,392
Eastman Chemical		11		1,039
Ecolab		18		4,071
FMC		11		649
Freeport-McMoRan		108		5,394
International Flavors & Fragrances		18		1,524
International Paper		25		874
Linde PLC		36		15,875
LyondellBasell Industries, Cl A		19		1,899
Martin Marietta Materials		4		2,348
Mosaic		25		785
Newmont		87		3,536
Nucor		18		3,034
Packaging Corp of America		8		1,384
PPG Industries		17		2,193
Sherwin-Williams		18		5,393
Steel Dynamics		11		1,431
Vulcan Materials		10		2,576
Westrock		17		815
				73,889
Real Estate — 2.1%
Alexandria Real Estate Equities ^‡		11		1,275
American Tower ^‡		34		5,833
AvalonBay Communities ^‡		10		1,896
Boston Properties ^‡		10		619
Camden Property Trust ^‡		7		698
CBRE Group, Cl A ^*		22		1,912
CoStar Group ^*		30		2,746
Crown Castle ^‡		33		3,095
Digital Realty Trust ^‡		21		2,914
Equinix ‡		7		4,978
Equity Residential ‡		26		1,674
Essex Property Trust ^‡		4		985
Extra Space Storage ^‡		16		2,148
Federal Realty Investment Trust ^‡		5		521
Healthpeak Properties ^‡		53		986

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

124

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Real Estate — continued
Host Hotels & Resorts ^‡		50	$	944
Invitation Homes ^‡		42		1,436
Iron Mountain ^‡		21		1,628
Kimco Realty ^‡		45		838
Mid-America Apartment Communities ^‡		10		1,300
ProLogis ^‡		68		6,939
Public Storage ^‡		11		2,854
Realty Income ^‡		64		3,427
Regency Centers ^‡		11		651
SBA Communications, Cl A ^‡		7		1,303
Simon Property Group ^‡		25		3,513
UDR ^‡		22		838
Ventas ^‡		29		1,284
VICI Properties, Cl A ^‡		75		2,141
Welltower ^‡		42		4,002
Weyerhaeuser ^‡		55		1,659
				67,037
Utilities — 2.3%
AES		45		805
Alliant Energy		22		1,096
Ameren		22		1,625
American Electric Power		38		3,269
American Water Works		14		1,712
Atmos Energy		10		1,179
CenterPoint Energy		44		1,282
CMS Energy		21		1,273
Consolidated Edison		25		2,360
Constellation Energy		25		4,648
Dominion Energy		63		3,212
DTE Energy		15		1,655
Duke Energy		57		5,601
Edison International		28		1,990
Entergy		15		1,600
Evergy		16		839
Eversource Energy		27		1,637
Exelon		75		2,819
FirstEnergy		39		1,495
NextEra Energy		152		10,179

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

125

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P 500^® Tail Risk ETF

	Shares		Value
COMMON STOCK — continued
Utilities — continued
NiSource		28	$	780
NRG Energy		17		1,235
PG&E		152		2,601
Pinnacle West Capital		11		810
PPL		54		1,483
Public Service Enterprise Group		36		2,487
Sempra		48		3,438
Southern		83		6,101
WEC Energy Group		22		1,818
Xcel Energy		41		2,203
				73,232
TOTAL UNITED STATES				3,128,886
TOTAL COMMON STOCK (Cost $2,820,048)				3,133,754

PURCHASED OPTIONS — 0.3% (Cost $16,582)				9,832

TOTAL INVESTMENTS — 99.9% (Cost $2,836,630)			$	3,143,586

Percentages are based on Net Assets of $3,147,022.

A list of the exchange traded option contracts held by the Fund at April 30, 2024, is as follows:

Description	Number of Contracts	Notional Amount		Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 0.3%
Put Options
Mini-SPX Index	2	$	100,714	$	462	06/21/24	$	322
S&P 500 Index	6		3,021,414		4,620	06/21/24		9,510
Total Purchased Options		$	3,122,128				$	9,832

*	Non-income producing security.
‡	Real Estate Investment Trust

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

126

Schedule of Investments	April 30, 2024 (Unaudited)
Global X S&P 500^® Tail Risk ETF

As of April 30, 2024, 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.

127

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

Sector Weightings †:

	Shares	Value
COMMON STOCK — 99.0%
CHINA — 0.2%
Information Technology — 0.2%
NXP Semiconductors	16	$	4,099

UNITED STATES — 98.8%
Communication Services — 9.1%
Alphabet, Cl A ^*	358		58,275
Alphabet, Cl C ^*	300		49,392
AT&T	434		7,330
Charter Communications, Cl A ^*	6		1,536
Comcast, Cl A	241		9,184
Electronic Arts	15		1,902
Fox, Cl A	18		558
Fox, Cl B	9		258
Interpublic Group	27		822
Live Nation Entertainment ^*	9		800
Match Group ^*	17		524
Meta Platforms, Cl A	133		57,213
Netflix *	26		14,317
News, Cl A	27		643
News, Cl B	9		221

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

128

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Communication Services — continued
Omnicom Group	13	$	1,207
Paramount Global, Cl B	36		410
Take-Two Interactive Software ^*	10		1,428
T-Mobile US	31		5,089
Verizon Communications	255		10,070
Walt Disney	111		12,332
Warner Bros Discovery ^*	142		1,045
			234,556
Consumer Discretionary — 10.2%
Airbnb, Cl A ^*	26		4,123
Amazon.com ^*	553		96,775
Aptiv PLC ^*	17		1,207
AutoZone ^*	1		2,956
Bath & Body Works	7		318
Best Buy	11		810
Booking Holdings	2		6,904
BorgWarner	9		295
Caesars Entertainment ^*	11		394
CarMax ^*	9		612
Carnival ^*	67		993
Chipotle Mexican Grill, Cl A ^*	2		6,319
Darden Restaurants	7		1,074
Deckers Outdoor ^*	2		1,637
Domino’s Pizza	2		1,058
DR Horton	18		2,565
eBay	33		1,701
Etsy ^*	9		618
Expedia Group ^*	9		1,212
Ford Motor	237		2,880
Garmin	9		1,300
General Motors	70		3,117
Genuine Parts	9		1,415
Hasbro	9		552
Hilton Worldwide Holdings	16		3,156
Home Depot	61		20,387
Las Vegas Sands	22		976
Lennar, Cl A	15		2,274
LKQ	18		776

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

129

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Consumer Discretionary — continued
Lowe’s	35	$	7,980
Lululemon Athletica ^*	7		2,524
Marriott International, Cl A	15		3,542
McDonald’s	44		12,014
MGM Resorts International ^*	16		631
Mohawk Industries ^*	4		461
NIKE, Cl B	74		6,827
Norwegian Cruise Line Holdings ^*	17		322
O’Reilly Automotive ^*	4		4,053
Pool	2		725
PulteGroup	11		1,226
Ralph Lauren, Cl A	3		491
Ross Stores	20		2,591
Royal Caribbean Cruises ^*	13		1,815
Starbucks	69		6,106
Tapestry	14		559
Tesla ^*	168		30,791
TJX	69		6,492
Tractor Supply	7		1,912
Ulta Beauty ^*	3		1,214
Wynn Resorts	4		367
Yum! Brands	18		2,542
			263,589
Consumer Staples — 6.1%
Altria Group	107		4,688
Archer-Daniels-Midland	30		1,760
Brown-Forman, Cl B	9		431
Bunge Global	10		1,018
Campbell Soup	11		503
Church & Dwight	12		1,295
Clorox	6		887
Coca-Cola	236		14,578
Colgate-Palmolive	48		4,412
Conagra Brands	25		770
Constellation Brands, Cl A	11		2,788
Costco Wholesale	27		19,518
Dollar General	12		1,670
Dollar Tree ^*	14		1,656

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

130

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Consumer Staples — continued
Estee Lauder, Cl A	13	$	1,907
General Mills	36		2,537
Hershey	9		1,745
Hormel Foods	18		640
J M Smucker	6		689
Kellanova	18		1,041
Kenvue	107		2,014
Keurig Dr Pepper	52		1,752
Kimberly-Clark	21		2,867
Kraft Heinz	49		1,892
Kroger	40		2,215
Lamb Weston Holdings	9		750
McCormick	13		989
Molson Coors Beverage, Cl B	13		744
Mondelez International, Cl A	82		5,899
Monster Beverage ^*	44		2,352
PepsiCo	84		14,776
Philip Morris International	94		8,924
Procter & Gamble	143		23,338
Sysco	31		2,304
Target	29		4,668
Tyson Foods, Cl A	18		1,092
Walgreens Boots Alliance	45		798
Walmart	261		15,490
			157,397
Energy — 4.1%
APA	13		409
Baker Hughes, Cl A	61		1,990
Chevron	105		16,933
ConocoPhillips	72		9,045
Coterra Energy	45		1,231
Devon Energy	40		2,047
Diamondback Energy	12		2,414
EOG Resources	35		4,624
EQT	27		1,082
Exxon Mobil	241		28,503
Halliburton	54		2,023
Hess	18		2,835

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

131

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Energy — continued
Kinder Morgan	122	$	2,230
Marathon Oil	36		967
Marathon Petroleum	22		3,998
Occidental Petroleum	40		2,646
ONEOK	36		2,848
Phillips 66	27		3,867
Pioneer Natural Resources	14		3,770
Schlumberger	87		4,131
Targa Resources	13		1,483
Valero Energy	21		3,357
Williams	74		2,839
			105,272
Financials — 13.0%
Aflac	30		2,509
Allstate	14		2,381
American Express	36		8,425
American International Group	42		3,163
Ameriprise Financial	6		2,471
Aon PLC, Cl A	12		3,384
Arch Capital Group ^*	19		1,777
Arthur J Gallagher	14		3,286
Assurant	3		523
Bank of America	418		15,470
Bank of New York Mellon	47		2,655
Berkshire Hathaway, Cl B ^*	110		43,640
BlackRock, Cl A	8		6,037
Blackstone	43		5,014
Brown & Brown	14		1,142
Capital One Financial	24		3,442
Cboe Global Markets	7		1,268
Charles Schwab	90		6,655
Chubb	26		6,465
Cincinnati Financial	8		925
Citigroup	115		7,053
Citizens Financial Group	23		785
CME Group, Cl A	23		4,822
Comerica	3		150
Corpay ^*	4		1,209

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

132

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Financials — continued
Discover Financial Services	15	$	1,901
Everest Group	3		1,099
FactSet Research Systems	2		834
Fidelity National Information Services	35		2,377
Fifth Third Bancorp	45		1,641
Fiserv ^*	36		5,496
Franklin Resources	20		457
Global Payments	16		1,964
Globe Life	6		457
Goldman Sachs Group	20		8,534
Hartford Financial Services Group	18		1,744
Huntington Bancshares	90		1,212
Intercontinental Exchange	35		4,507
Invesco	33		468
Jack Henry & Associates	3		488
JPMorgan Chase	174		33,363
KeyCorp	49		710
Loews	11		827
M&T Bank	10		1,444
MarketAxess Holdings	2		400
Marsh & McLennan	31		6,182
Mastercard, Cl A	50		22,560
MetLife	37		2,630
Moody’s	9		3,333
Morgan Stanley	76		6,904
MSCI, Cl A	5		2,329
Nasdaq	22		1,317
Northern Trust	13		1,071
PayPal Holdings ^*	65		4,415
PNC Financial Services Group	24		3,678
Principal Financial Group	11		871
Progressive	37		7,705
Prudential Financial	22		2,431
Raymond James Financial	11		1,342
Regions Financial	49		944
S&P Global	20		8,317
State Street	18		1,305
Synchrony Financial	25		1,099
T Rowe Price Group	11		1,205

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

133

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Financials — continued
Travelers	13	$	2,758
Truist Financial	81		3,042
US Bancorp	88		3,575
Visa, Cl A	97		26,055
W R Berkley	12		924
Wells Fargo	219		12,991
Willis Towers Watson PLC	6		1,507
			335,064
Health Care — 12.1%
Abbott Laboratories	105		11,127
AbbVie	108		17,565
Agilent Technologies	17		2,330
Align Technology ^*	4		1,129
Amgen	32		8,766
Baxter International	33		1,332
Becton Dickinson	17		3,988
Biogen ^*	8		1,719
Bio-Rad Laboratories, Cl A ^*	1		270
Bio-Techne	9		569
Boston Scientific *	86		6,181
Bristol-Myers Squibb	123		5,405
Cardinal Health	13		1,339
Catalent ^*	10		558
Cencora	9		2,151
Centene ^*	30		2,192
Charles River Laboratories International ^*	3		687
Cigna Group	18		6,427
Cooper	12		1,069
CVS Health	76		5,146
Danaher	40		9,865
DaVita ^*	3		417
Dexcom ^*	23		2,930
Edwards Lifesciences ^*	38		3,217
Elevance Health	14		7,400
Eli Lilly	48		37,493
GE HealthCare Technologies	26		1,982
Gilead Sciences	76		4,955
HCA Healthcare	12		3,718

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

134

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Health Care — continued
Henry Schein ^*	9	$	623
Hologic ^*	13		985
Humana	8		2,417
IDEXX Laboratories ^*	5		2,464
Illumina ^*	11		1,354
Incyte ^*	13		677
Insulet ^*	5		860
Intuitive Surgical ^*	21		7,783
IQVIA Holdings ^*	12		2,781
Johnson & Johnson	146		21,110
Laboratory Corp of America Holdings	6		1,208
McKesson	8		4,298
Medtronic PLC	82		6,580
Merck	155		20,029
Mettler-Toledo International ^*	1		1,230
Moderna ^*	21		2,316
Molina Healthcare ^*	3		1,026
Pfizer	343		8,788
Quest Diagnostics	6		829
Regeneron Pharmaceuticals ^*	6		5,344
ResMed	9		1,926
Revvity	7		717
Solventum ^*	8		520
STERIS PLC	6		1,227
Stryker	21		7,066
Teleflex	4		835
Thermo Fisher Scientific	23		13,081
UnitedHealth Group	56		27,087
Universal Health Services, Cl B	4		682
Vertex Pharmaceuticals ^*	16		6,285
Viatris	69		798
Waters ^*	4		1,236
West Pharmaceutical Services	4		1,430
Zimmer Biomet Holdings	13		1,564
Zoetis, Cl A	28		4,459
			313,542
Industrials — 8.8%
3M	34		3,281

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

135

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Industrials — continued
A O Smith	4	$	331
Allegion PLC	6		729
American Airlines Group ^*	46		621
AMETEK	15		2,620
Automatic Data Processing	26		6,289
Axon Enterprise ^*	4		1,255
Boeing ^*	34		5,707
Broadridge Financial Solutions	8		1,547
Builders FirstSource ^*	7		1,280
Carrier Global	47		2,890
Caterpillar	31		10,372
CH Robinson Worldwide	4		284
Cintas	5		3,292
Copart ^*	54		2,933
CSX	121		4,020
Cummins	8		2,260
Dayforce ^*	7		430
Deere	16		6,263
Delta Air Lines	40		2,003
Dover	9		1,614
Eaton PLC	25		7,956
Emerson Electric	36		3,880
Equifax	8		1,761
Expeditors International of Washington	9		1,002
Fastenal	36		2,446
FedEx	14		3,665
Fortive	21		1,581
GE Vernova ^*	16		2,459
Generac Holdings ^*	4		544
General Dynamics	14		4,019
General Electric	66		10,680
Honeywell International	40		7,709
Howmet Aerospace	24		1,602
Hubbell, Cl B	3		1,111
Huntington Ingalls Industries	2		554
IDEX	5		1,102
Illinois Tool Works	17		4,150
Ingersoll Rand	25		2,333
Jacobs Solutions	9		1,292

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

136

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Industrials — continued
JB Hunt Transport Services	4	$	650
Johnson Controls International	41		2,668
L3Harris Technologies	12		2,569
Leidos Holdings	9		1,262
Lockheed Martin	13		6,044
Masco	10		684
Nordson	3		775
Norfolk Southern	13		2,994
Northrop Grumman	9		4,365
Old Dominion Freight Line	10		1,817
Otis Worldwide	25		2,280
PACCAR	29		3,077
Parker-Hannifin	8		4,359
Paychex	19		2,257
Paycom Software	3		564
Pentair PLC	9		712
Quanta Services	9		2,327
Republic Services, Cl A	13		2,492
Robert Half	6		415
Rockwell Automation	7		1,897
Rollins	16		713
RTX	81		8,223
Snap-On	3		804
Southwest Airlines	36		934
Stanley Black & Decker	9		823
Textron	13		1,100
Trane Technologies PLC	14		4,443
TransDigm Group	3		3,744
Uber Technologies ^*	125		8,284
Union Pacific	38		9,012
United Airlines Holdings ^*	18		926
United Parcel Service, Cl B	44		6,489
United Rentals	4		2,672
Veralto	13		1,218
Verisk Analytics, Cl A	8		1,744
Waste Management	22		4,576
Westinghouse Air Brake Technologies	11		1,772
WW Grainger	3		2,764

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

137

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Industrials — continued
Xylem	15	$	1,960
			226,276
Information Technology — 28.7%
Accenture PLC, Cl A	38		11,435
Adobe ^*	28		12,959
Advanced Micro Devices ^*	98		15,521
Akamai Technologies ^*	7		707
Amphenol, Cl A	35		4,227
Analog Devices	30		6,018
ANSYS ^*	5		1,624
Apple	878		149,550
Applied Materials	51		10,131
Arista Networks ^*	16		4,105
Autodesk ^*	14		2,980
Broadcom	27		35,107
Cadence Design Systems ^*	16		4,410
CDW	7		1,693
Cisco Systems	247		11,604
Cognizant Technology Solutions, Cl A	30		1,970
Corning	45		1,502
Enphase Energy ^*	9		979
EPAM Systems ^*	3		706
F5 ^*	4		661
Fair Isaac ^*	1		1,133
First Solar ^*	7		1,234
Fortinet ^*	40		2,527
Gartner ^*	5		2,063
Gen Digital	36		725
Hewlett Packard Enterprise	81		1,377
HP	52		1,461
Intel	257		7,831
International Business Machines	55		9,141
Intuit	17		10,636
Jabil	7		822
Juniper Networks	18		627
Keysight Technologies ^*	11		1,627
KLA	8		5,514
Lam Research	8		7,155

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

138

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Information Technology — continued
Microchip Technology	33	$	3,035
Micron Technology	67		7,568
Microsoft	449		174,809
Monolithic Power Systems	3		2,008
Motorola Solutions	10		3,392
NetApp	12		1,227
NVIDIA	149		128,739
ON Semiconductor ^*	26		1,824
Oracle	96		10,920
Palo Alto Networks ^*	18		5,236
PTC ^*	7		1,242
Qorvo ^*	4		467
QUALCOMM	68		11,278
Roper Technologies	6		3,069
Salesforce	59		15,868
Seagate Technology Holdings	11		945
ServiceNow ^*	12		8,320
Skyworks Solutions	9		959
Super Micro Computer ^*	3		2,576
Synopsys ^*	9		4,775
TE Connectivity	20		2,830
Teledyne Technologies ^*	3		1,145
Teradyne	9		1,047
Texas Instruments	55		9,703
Trimble ^*	15		901
Tyler Technologies ^*	2		923
VeriSign ^*	6		1,017
Western Digital ^*	18		1,275
Zebra Technologies, Cl A ^*	3		944
			739,804
Materials — 2.3%
Air Products & Chemicals	13		3,072
Albemarle	6		722
Amcor PLC	71		635
Avery Dennison	5		1,086
Ball	16		1,113
Celanese, Cl A	7		1,075
CF Industries Holdings	10		790

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

139

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Materials — continued
Corteva	45	$	2,436
Dow	43		2,447
DuPont de Nemours	26		1,885
Eastman Chemical	7		661
Ecolab	15		3,392
FMC	9		531
Freeport-McMoRan	87		4,345
International Flavors & Fragrances	15		1,270
International Paper	21		734
Linde PLC	29		12,788
LyondellBasell Industries, Cl A	15		1,500
Martin Marietta Materials	4		2,348
Mosaic	22		691
Newmont	71		2,885
Nucor	15		2,528
Packaging Corp of America	6		1,038
PPG Industries	13		1,677
Sherwin-Williams	14		4,194
Steel Dynamics	10		1,301
Vulcan Materials	9		2,319
Westrock	18		863
			60,326
Real Estate — 2.1%
Alexandria Real Estate Equities ^‡	8		927
American Tower ^‡	29		4,975
AvalonBay Communities ^‡	8		1,517
Boston Properties ^‡	5		309
Camden Property Trust ^‡	4		399
CBRE Group, Cl A ^*	17		1,477
CoStar Group ^*	24		2,197
Crown Castle ^‡	25		2,344
Digital Realty Trust ^‡	18		2,498
Equinix ‡	6		4,267
Equity Residential ‡	22		1,417
Essex Property Trust ^‡	4		985
Extra Space Storage ^‡	14		1,880
Federal Realty Investment Trust ^‡	3		312
Healthpeak Properties ^‡	36		670

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

140

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Real Estate — continued
Host Hotels & Resorts ^‡	45	$	849
Invitation Homes ^‡	37		1,265
Iron Mountain ^‡	18		1,395
Kimco Realty ^‡	36		671
Mid-America Apartment Communities ^‡	5		650
ProLogis ^‡	56		5,715
Public Storage ^‡	10		2,594
Realty Income ^‡	51		2,731
Regency Centers ^‡	9		533
SBA Communications, Cl A ^‡	7		1,303
Simon Property Group ^‡	20		2,811
UDR ^‡	18		685
Ventas ^‡	24		1,063
VICI Properties, Cl A ^‡	64		1,827
Welltower ^‡	32		3,049
Weyerhaeuser ^‡	45		1,358
			54,673
Utilities — 2.3%
AES	46		824
Alliant Energy	18		896
Ameren	13		960
American Electric Power	33		2,839
American Water Works	12		1,468
Atmos Energy	7		825
CenterPoint Energy	33		962
CMS Energy	15		909
Consolidated Edison	22		2,077
Constellation Energy	19		3,533
Dominion Energy	53		2,702
DTE Energy	13		1,434
Duke Energy	47		4,618
Edison International	22		1,563
Entergy	14		1,493
Evergy	11		577
Eversource Energy	20		1,213
Exelon	61		2,292
FirstEnergy	31		1,189
NextEra Energy	124		8,304

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

141

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

	Shares	Value
COMMON STOCK — continued
Utilities — continued
NiSource	27	$	752
NRG Energy	13		945
PG&E	126		2,156
Pinnacle West Capital	7		516
PPL	45		1,236
Public Service Enterprise Group	32		2,211
Sempra	40		2,865
Southern	66		4,851
WEC Energy Group	19		1,570
Xcel Energy	36		1,934
			59,714
TOTAL UNITED STATES			2,550,213
TOTAL COMMON STOCK (Cost $2,292,045)			2,554,312

PURCHASED OPTIONS — 0.9% (Cost $27,681)			22,550

TOTAL INVESTMENTS — 99.9% (Cost $2,319,726)		$	2,576,862

WRITTEN OPTIONS— (0.0)% (Premiums Received $(4,659))		$	(300	)
Percentages are based on Net Assets of $2,580,215

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

142

Schedule of Investments

April 30, 2024 (Unaudited)

Global X S&P 500^® Collar 95-110 ETF

A list of the exchange traded option contracts held by the Fund at April 30, 2024, is as follows:

Description	Number of Contracts			Notional Amount			Exercise Price		Expiration Date	Value
PURCHASED OPTIONS — 0.9%
Put Options
Mini-SPX Index		10		$	503,570		$	488	06/21/24	$	4,630
S&P 500 Index		4			2,014,276			4,875	06/21/24		17,920

Total Purchased Options				$	2,517,846					$	22,550

WRITTEN OPTIONS — 0.0%
Call Options
Mini-SPX Index		(10	)	$	(503,570	)	$	565	06/21/24	$	(60	)
S&P 500 Index		(4	)		(2,014,276	)		5,650	06/21/24		(240	)

Total Written Options				$	(2,517,846	)				$	(300	)

*	Non-income producing security.
‡	Real Estate Investment Trust

The following is a summary of the level of inputs used as of April 30, 2024, 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	$	2,554,312	$	—	$	—	$	2,554,312
Purchased Options		22,550		—		—		22,550
Total Investments in Securities	$	2,576,862	$	—	$	—	$	2,576,862

Other Financial Instruments	Level 1		Level 2		Level 3		Total
Written Options	$	(300)	$	—	$	—	$	(300)
Total Other Financial Instruments	$	(300)	$	—	$	—	$	(300)

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.

143

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Disruptive Materials ETF

Sector Weightings †:

	Shares		Value
COMMON STOCK — 99.8%
AUSTRALIA — 8.8%
Materials — 8.8%
IGO		27,138	$	139,391
Lynas Rare Earths ^*		41,449		176,562
Pilbara Minerals		100,044		263,752
Syrah Resources ^*		55,020		18,757

TOTAL AUSTRALIA				598,462
CANADA — 2.4%
Materials — 2.4%
HudBay Minerals		16,120		135,991
Lithium Americas ^*		5,906		26,223

TOTAL CANADA				162,214
CHILE — 8.5%
Materials — 8.5%
Antofagasta		10,406		287,959
Lundin Mining		25,315		289,662

TOTAL CHILE				577,621
CHINA — 29.0%
Industrials — 4.4%
Eve Energy, Cl A		43,800		223,259
Fangda Carbon New Material, Cl A ^*		113,500		79,339
				302,598
Materials — 24.6%
China Nonferrous Mining		52,500		47,995
China Northern Rare Earth Group High-Tech, Cl A		90,200		240,021

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

144

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
China Rare Earth Resources And Technology, Cl A		28,700	$	110,915
GEM, Cl A		209,300		200,846
KBC, Cl A		5,003		25,867
MMG ^*		128,300		58,727
Nanjing Hanrui Cobalt, Cl A		10,000		39,377
Shenghe Resources Holding, Cl A		51,800		70,205
Sinofibers Technology, Cl A		11,900		40,411
Tongling Nonferrous Metals Group, Cl A		305,300		170,057
Weihai Guangwei Composites, Cl A		21,660		77,795
Western Mining, Cl A		69,500		192,604
Xiangtan Electrochemical Scientific, Cl A		18,200		28,481
Youngy, Cl A		8,600		43,516
Yunnan Chihong Zinc&Germanium, Cl A		134,200		106,206
Zhejiang Huayou Cobalt, Cl A		55,830		219,303
				1,672,326
TOTAL CHINA				1,974,924
FRANCE — 0.6%
Materials — 0.6%
Eramet		408		39,852

GERMANY — 0.3%
Industrials — 0.3%
SGL Carbon ^*		2,885		20,761

INDONESIA — 1.1%
Materials — 1.1%
Nickel Industries		80,465		49,637
Vale Indonesia		98,442		25,731

TOTAL INDONESIA				75,368
JAPAN — 5.7%
Industrials — 0.3%
Nippon Carbon		531		18,795

Materials — 5.4%
Nippon Denko		8,960		17,765

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

145

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
Materials — continued
Sumitomo Metal Mining		8,638	$	291,693
Tokai Carbon		8,691		57,934
				367,392
TOTAL JAPAN				386,187
JERSEY — 6.3%
Materials — 6.3%
Arcadium Lithium ^*		49,454		217,598
Arcadium Lithium CDI ^*		49,523		216,100

TOTAL JERSEY				433,698
MEXICO — 4.2%
Materials — 4.2%
Southern Copper		2,467		287,825

NETHERLANDS — 0.5%
Materials — 0.5%
AMG Critical Materials		1,392		32,923

SOUTH AFRICA — 13.9%
Materials — 13.9%
African Rainbow Minerals		4,802		50,030
Anglo American Platinum		2,620		92,047
Anglo American PLC		10,901		359,531
Impala Platinum Holdings		41,514		186,768
Northam Platinum Holdings		16,370		108,750
Sibanye Stillwater		129,776		149,993

TOTAL SOUTH AFRICA				947,119
SWEDEN — 4.6%
Materials — 4.6%
Boliden		9,354		313,706

UNITED STATES — 9.5%
Industrials — 0.3%
GrafTech International		12,431		21,381

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

146

Schedule of Investments

April 30, 2024 (Unaudited)

Global X Disruptive Materials ETF

	Shares		Value
COMMON STOCK — continued
Materials — 9.2%
Albemarle		2,047	$	246,275
Freeport-McMoRan		5,537		276,518
MP Materials ^*		6,573		105,168
				627,961
TOTAL UNITED STATES				649,342
ZAMBIA — 4.4%
Materials — 4.4%
First Quantum Minerals		23,505		299,063

TOTAL COMMON STOCK (Cost $7,823,178)				6,799,065
TOTAL INVESTMENTS — 99.8% (Cost $7,823,178)			$	6,799,065

Percentages are based on Net Assets of $6,812,853.

*	Non-income producing security.

As of April 30, 2024, 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.

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.

147

Schedule of Investments

April 30, 2024 (Unaudited)

Glossary (abbreviations which may be used in preceding Schedule 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

148

Statements of Assets and Liabilities

April 30, 2024 (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	$	1,932,308,269		$	811,276,604		$	189,486,946		$	39,999,994
Cost of Repurchase Agreement		83,900,651			32,683,224			1,521,256			515,800
Cost (Proceeds) of Foreign Currency		2,299,838			1,200,607			—			—
Investments, at Value	$	1,574,045,945	*	$	754,207,799	*	$	138,473,458	*	$	40,489,047	*
Repurchase Agreement, at Value		83,900,651			32,683,224			1,521,256			515,800
Cash		1,543,123			2,937,770			—			15,557
Foreign Currency, at Value		2,299,357			1,204,539			—			—
Receivable for Investment Securities Sold		134,314,105			—			10,074,904			—
Dividend, Interest, and Securities Lending Income Receivable		1,858,476			4,175,821			81,283			12,052
Reclaim Receivable		39,259			894,999			5,490			687
Unrealized Appreciation on Spot Contracts		—			—			127			—
Receivable for Capital Shares Sold		—			—			2,055,043			—
Total Assets		1,798,000,916			796,104,152			152,211,561			41,033,143
Liabilities:
Obligation to Return Securities Lending Collateral		99,713,840			32,683,224			1,521,256			613,016
Payable for Investment Securities Purchased		128,958,944			1,732,302			5,752,282			—
Payable for Capital Shares Redeemed		7,957,341			—			6,158,109			—
Payable due to Investment Adviser		971,742			356,560			78,208			25,332
Unrealized Depreciation on Spot Contracts		40,979			12,827			—			—
Payable for Income Distributions		—			—			38			—
Payable for Variation Margin on Futures Contracts		—			93,060			—			—
Cash Overdraft		—			—			58,793			—
Total Liabilities		237,642,846			34,877,973			13,568,686			638,348
Net Assets	$	1,560,358,070		$	761,226,179		$	138,642,875		$	40,394,795
Net Assets Consist of:
Paid-in Capital	$	2,824,906,115		$	1,740,608,427		$	306,185,385		$	55,206,173
Total Accumulated Losses		(1,264,548,045	)		(979,382,248	)		(167,542,510	)		(14,811,378	)
Net Assets	$	1,560,358,070		$	761,226,179		$	138,642,875		$	40,394,795
Outstanding Shares of Beneficial Interest (unlimited authorization — no par value)		35,304,628			35,179,412			3,400,000			980,000
Net Asset Value, Offering and Redemption Price Per Share	$	44.20		$	21.64		$	40.78		$	41.22
*Includes Market Value of Securities on Loan	$	96,214,633		$	35,558,121		$	1,427,310		$	580,894

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

149

Statements of Assets and Liabilities

April 30, 2024 (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	$	156,610,803		$	574,884,558		$	44,278,102		$	228,107,553
Cost of Repurchase Agreement		7,655,486			10,774,744			—			—
Cost (Proceeds) of Foreign Currency		—			(2,309	)		43,233			(153,601	)
Investments, at Value	$	151,285,154	*	$	609,596,850	*	$	45,541,577		$	206,044,047
Repurchase Agreement, at Value		7,655,486			10,774,744			—			—
Cash		301,679			388,324			64,484			1,106,542
Foreign Currency, at Value		—			—			43,968			—
Receivable for Investment Securities Sold		2,264,998			—			—			5,323,903
Dividend, Interest, and Securities Lending Income Receivable		187,239			2,012,171			212,656			1,066,673
Reclaim Receivable		—			8,115			—			245,736
Total Assets		161,694,556			622,780,204			45,862,685			213,786,901
Liabilities:
Obligation to Return Securities Lending Collateral		9,098,355			10,774,744			—			—
Payable for Capital Shares Redeemed		2,277,867			—			—			2,922,374
Payable due to Investment Adviser		62,022			224,698			24,348			99,666
Payable for Investment Securities Purchased		—			—			—			3,970,857
Accrued Foreign Capital Gains Tax on Appreciated Securities		—			—			125,971			—
Payable for Variation Margin on Futures Contracts		—			—			715			—
Overdraft of Foreign Currency		—			2,281			—			102,120
Total Liabilities		11,438,244			11,001,723			151,034			7,095,017
Net Assets	$	150,256,312		$	611,778,481		$	45,711,651		$	206,691,884
Net Assets Consist of:
Paid-in Capital	$	261,127,700		$	809,937,916		$	75,374,696		$	527,067,767
Total Accumulated Losses		(110,871,388	)		(198,159,435	)		(29,663,045	)		(320,375,883	)
Net Assets	$	150,256,312		$	611,778,481		$	45,711,651		$	206,691,884
Outstanding Shares of Beneficial Interest (unlimited authorization — no par value)		16,660,000			35,730,000			1,779,181			10,609,193
Net Asset Value, Offering and Redemption Price Per Share	$	9.02		$	17.12		$	25.69		$	19.48
*Includes Market Value of Securities on Loan	$	8,785,171		$	10,170,192		$	—		$	—

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

150

Statements of Assets and Liabilities

April 30, 2024 (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	$	69,911,584		$	607,677,565	$	11,264,143		$	78,990,141
Cost of Repurchase Agreement		2,142,060			—		—			2,514,190
Cost (Proceeds) of Foreign Currency		1,269			—		24,291			—
Investments, at Value	$	37,907,756	*	$	802,883,239	$	11,279,469		$	69,796,892	*
Repurchase Agreement, at Value		2,142,060			—		—			2,514,190
Cash		—			1,000,993		2,863			106,563
Foreign Currency, at Value		1,254			—		24,291			—
Reclaim Receivable		102,892			3,809		86,508			—
Dividend, Interest, and Securities Lending Income Receivable		66,928			489,512		124,966			16,165
Unrealized Appreciation on Spot Contracts		—			—		41			—
Receivable for Capital Shares Sold		—			1,236,987		—			—
Receivable for Investment Securities Sold		—			—		7,567			—
Due from Broker		—			34		—			—
Total Assets		40,220,890			805,614,574		11,525,705			72,433,810
Liabilities:
Obligation to Return Securities Lending Collateral		2,142,060			—		—			2,514,190
Payable due to Investment Adviser		20,419			193,631		5,052			29,534
Payable for Investment Securities Purchased		—			1,237,297		7,553			—
Cash Overdraft		31,313			—		—			—
Total Liabilities		2,193,792			1,430,928		12,605			2,543,724
Net Assets	$	38,027,098		$	804,183,646	$	11,513,100		$	69,890,086
Net Assets Consist of:
Paid-in Capital	$	88,349,351		$	610,375,610	$	13,765,623		$	117,782,363
Total Distributable Earnings (Accumulated Losses)		(50,322,253	)		193,808,036		(2,252,523	)		(47,892,277	)
Net Assets	$	38,027,098		$	804,183,646	$	11,513,100		$	69,890,086
Outstanding Shares of Beneficial Interest (unlimited authorization — no par value)		3,970,000			13,220,000		800,000			3,060,002
Net Asset Value, Offering and Redemption Price Per Share	$	9.58		$	60.83	$	14.39		$	22.84
*Includes Market Value of Securities on Loan	$	2,172,911		$	—	$	—		$	2,477,820

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

151

Statements of Assets and Liabilities

April 30, 2024 (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	$	15,677,877	$	2,335,520		$	1,518,357		$	2,836,630
Cost (Proceeds) of Foreign Currency		8,193		—			—			—
Investments, at Value	$	17,597,725	$	2,407,227		$	1,634,893		$	3,143,586
Cash		24,151		4,125			10,130			2,198
Foreign Currency, at Value		8,193		—			—			—
Dividend, Interest, and Securities Lending Income Receivable		67,126		172			164			1,870
Reclaim Receivable		19,111		—			—			15
Receivable for Investment Securities Sold		3,660		—			—			—
Total Assets		17,719,966		2,411,524			1,645,187			3,147,669
Liabilities:
Payable for Investment Securities Purchased		36,927		—			—			—
Payable due to Investment Adviser		5,094		505			493			647
Unrealized Depreciation on Spot Contracts		68		—			—			—
Options Written at Value (Premiums received $–, $–, $2,712 and $–, respectively)		—		—			529			—
Custodian Fees Payable		—		—			3			—
Total Liabilities		42,089		505			1,025			647
Net Assets	$	17,677,877	$	2,411,019		$	1,644,162		$	3,147,022
Net Assets Consist of:
Paid-in Capital	$	16,111,476	$	2,719,642		$	1,655,253		$	3,055,486
Total Distributable Earnings (Accumulated Losses)		1,566,401		(308,623	)		(11,091	)		91,536
Net Assets	$	17,677,877	$	2,411,019		$	1,644,162		$	3,147,022
Outstanding Shares of Beneficial Interest (unlimited authorization — no par value)		580,000		90,000			60,000			110,000
Net Asset Value, Offering and Redemption Price Per Share	$	30.48	$	26.79		$	27.40		$	28.61

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

152

Statements of Assets and Liabilities

April 30, 2024 (Unaudited)

	Global X S&P 500^®Collar 95- 110 ETF		Global X Disruptive Materials ETF
Assets:
Cost of Investments	$	2,319,726	$	7,823,178
Cost (Proceeds) of Foreign Currency		—		3,928
Investments, at Value	$	2,576,862	$	6,799,065
Cash		2,647		698
Foreign Currency, at Value		—		3,928
Dividend, Interest, and Securities Lending Income Receivable		1,532		10,643
Reclaim Receivable		12		1,729
Unrealized Appreciation on Spot Contracts		—		17
Total Assets		2,581,053		6,816,080
Liabilities:
Payable due to Investment Adviser		537		3,224
Options Written at Value (Premiums received $4,659 and $–, respectively)		300		—
Custodian Fees Payable		1		3
Total Liabilities		838		3,227
Net Assets	$	2,580,215	$	6,812,853
Net Assets Consist of:
Paid-in Capital	$	2,526,617	$	9,574,676
Total Distributable Earnings (Accumulated Losses)		53,598		(2,761,823	)
Net Assets	$	2,580,215	$	6,812,853
Outstanding Shares of Beneficial Interest (unlimited authorization — no par value)		90,000		420,000
Net Asset Value, Offering and Redemption Price Per Share	$	28.67	$	16.22

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

153

Statements of Operations

For the period ended April 30, 2024 (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	$	8,583,111		$	29,020,649		$	309,387		$	256,216
Interest Income		151,465			61,091			5,125			3,065
Security Lending Income		3,261,473			807,084			38,831			70,469
Less: Foreign Taxes Withheld		(1,267,046	)		(890,370	)		(10,258	)		(393	)
Total Investment Income		10,729,003			28,998,454			343,085			329,357
Expenses:
Supervision and Administration Fees⁽¹⁾		6,838,699			2,151,408			503,141			170,368
Custodian Fees⁽²⁾		25,190			571			675			86
Total Expenses		6,863,889			2,151,979			503,816			170,454
Waiver of Supervision and Administration Fees		—			(571	)		—			—
Net Expenses		6,863,889			2,151,408			503,816			170,454
Net Investment Income (Loss)		3,865,114			26,847,046			(160,731	)		158,903
Net Realized Gain (Loss) on:
Investments⁽³⁾		(109,739,542	)		(15,448,995	)		(7,329,465	)		5,734,939
Futures Contracts		—			311,473			—			—
Foreign Currency Transactions		(240,925	)		(347,400	)		(4,600	)		—
Net Realized Gain (Loss)		(109,980,467	)		(15,484,922	)		(7,334,065	)		5,734,939
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		(4,689,550	)		76,310,957			31,355,562			3,041,214
Futures Contracts		—			(159,578	)		—			—
Foreign Currency Translations		37,911			15,241			(1,746	)		—
Net Change in Unrealized Appreciation (Depreciation)		(4,651,639	)		76,166,620			31,353,816			3,041,214
Net Realized and Unrealized Gain (Loss)		(114,632,106	)		60,681,698			24,019,751			8,776,153
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(110,766,992	)	$	87,528,744		$	23,859,020		$	8,935,056

(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 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 Notes to Financial Statements.)

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

154

Statements of Operations

For the period ended April 30, 2024 (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	$	5,218,504	$	12,557,290		$	1,257,538		$	8,500,732
Interest Income		14,170		24,003			1,563			8,791
Security Lending Income		25,829		7,524			261			—
Less: Foreign Taxes Withheld		—		—			(165,093	)		(519,481	)
Total Investment Income		5,258,503		12,588,817			1,094,269			7,990,042
Expenses:
Supervision and Administration Fees⁽¹⁾		393,153		1,353,483			145,682			660,503
Custodian Fees⁽²⁾		733		16,104			2,108			5,877
Total Expenses		393,886		1,369,587			147,790			666,380
Net Investment Income		4,864,617		11,219,230			946,479			7,323,662
Net Realized Gain (Loss) on:
Investments⁽³⁾		1,374,639		(24,789,552	)		123,506			(38,428,860	)
Foreign Currency Transactions		—		(4	)		(154,969	)		(71,749	)
Foreign Capital Gains Tax		—		—			5,575			—
Net Realized Gain (Loss)		1,374,639		(24,789,556	)		(25,888	)		(38,500,609	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		14,943,685		90,036,048			6,778,214			50,763,600
Futures Contracts		—		—			(854	)		—
Foreign Capital Gains Tax on Appreciated Securities		—		—			(95,106	)		—
Foreign Currency Translations		—		28			(3,790	)		51,973
Net Change in Unrealized Appreciation (Depreciation)		14,943,685		90,036,076			6,678,464			50,815,573
Net Realized and Unrealized Gain (Loss)		16,318,324		65,246,520			6,652,576			12,314,964
Net Increase in Net Assets Resulting from Operations	$	21,182,941	$	76,465,750		$	7,599,055		$	19,638,626

(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 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 Notes to Financial Statements.)

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

155

Statements of Operations

For the period ended April 30, 2024 (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	$	125,275		$	5,803,579		$	315,713		$	322,024
Interest Income		70,791			20,409			259			1,316
Security Lending Income		7,988			—			—			18,829
Less: Foreign Taxes Withheld		(32,490	)		(1,543	)		(31,954	)		(1,726	)
Total Investment Income		171,564			5,822,445			284,018			340,443
Expenses:
Supervision and Administration Fees⁽¹⁾		139,360			1,127,288			29,010			181,099
Custodian Fees⁽²⁾		740			680			301			63
Total Expenses		140,100			1,127,968			29,311			181,162
Net Investment Income		31,464			4,694,477			254,707			159,281
Net Realized Gain (Loss) on:
Investments⁽³⁾		(5,126,190	)		8,362,029			241,344			(12,541,777	)
Foreign Currency Transactions		(8,073	)		—			(753	)		(949	)
Net Realized Gain (Loss)		(5,134,263	)		8,362,029			240,591			(12,542,726	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		7,268,399			124,023,062			1,105,354			33,396,572
Foreign Currency Translations		1,459			—			753			—
Net Change in Unrealized Appreciation (Depreciation)		7,269,858			124,023,062			1,106,107			33,396,572
Net Realized and Unrealized Gain (Loss)		2,135,595			132,385,091			1,346,698			20,853,846
Net Increase in Net Assets Resulting from Operations	$	2,167,059		$	137,079,568		$	1,601,405		$	21,013,127

(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 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 Notes to Financial Statements.)

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

156

Statements of Operations

For the period ended April 30, 2024 (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	$	254,164		$	8,542		$	11,698		$	20,920
Interest Income		596			42			76			85
Less: Foreign Taxes Withheld		(26,726	)		(20	)		(24	)		(5	)
Total Investment Income		228,034			8,564			11,750			21,000
Expenses:
Supervision and Administration Fees⁽¹⁾		29,602			2,294			2,985			3,506
Custodian Fees⁽²⁾		27			—			31			(12	)
Total Expenses		29,629			2,294			3,016			3,494
Net Investment Income		198,405			6,270			8,734			17,506
Net Realized Gain (Loss) on:
Investments⁽³⁾		(67,522	)		36,369			111,065			(4,154	)
Purchased Options		—			(24,580	)		(69,200	)		(25,088	)
Written Options		—			—			33,560			—
Foreign Currency Transactions		115			—			—			—
Net Realized Gain (Loss)		(67,407	)		11,789			75,425			(29,242	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		2,662,542			224,205			317,465			474,697
Purchased Options		—			(15,249	)		(27,148	)		(15,894	)
Written Options		—			—			(10,247	)		—
Foreign Currency Translations		(778	)		—			—			—
Net Change in Unrealized Appreciation (Depreciation)		2,661,764			208,956			280,070			458,803
Net Realized and Unrealized Gain (Loss)		2,594,357			220,745			355,495			429,561
Net Increase in Net Assets Resulting from Operations	$	2,792,762		$	227,015		$	364,229		$	447,067

(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 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 Notes to Financial Statements.)

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

157

Statements of Operations

For the period ended April 30, 2024 (Unaudited)

	Global X S&P 500^®Collar 95- 110 ETF			Global X Disruptive Materials ETF
Investment Income:
Dividend Income	$	18,505		$	41,808
Interest Income		76			497
Less: Foreign Taxes Withheld		(5	)		(3,952	)
Total Investment Income		18,576			38,353
Expenses:
Supervision and Administration Fees⁽¹⁾		3,112			19,451
Custodian Fees⁽²⁾		(2	)		3
Registration Fees		—			85
Total Expenses		3,110			19,539
Net Investment Income		15,466			18,814
Net Realized Gain (Loss) on:
Investments⁽³⁾		(2,649	)		(594,759	)
Purchased Options		(42,112	)		—
Written Options		4,690			—
Foreign Currency Transactions		—			(889	)
Net Realized Gain (Loss)		(40,071	)		(595,648	)
Net Change in Unrealized Appreciation (Depreciation) on:
Investments		436,352			1,471,423
Purchased Options		(36,562	)		—
Written Options		1,964			—
Foreign Currency Translations		—			(78	)
Net Change in Unrealized Appreciation (Depreciation)		401,754			1,471,345
Net Realized and Unrealized Gain (Loss)		361,683			875,697
Net Increase in Net Assets Resulting from Operations	$	377,149		$	894,511

(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 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 Notes to Financial Statements.)

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

158

Statements of Changes in Net Assets

	Global X Lithium & Battery Tech ETF						Global X SuperDividend^®ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023^‡
Operations:
Net Investment Income	$	3,865,114		$	30,111,235		$	26,847,046		$	68,823,124
Net Realized Gain (Loss)		(109,980,467	)		(290,890,467	)		(15,484,922	)		(178,018,530	)
Net Change in Unrealized Appreciation (Depreciation)		(4,651,639	)		(678,297,668	)		76,166,620			101,559,825
Net Increase (Decrease) in Net Assets Resulting from Operations		(110,766,992	)		(939,076,900	)		87,528,744			(7,635,581	)
Distributions:		(14,541,383	)		(38,976,032	)		(42,715,171	)		(71,554,165	)
Return of Capital:		—			—			—			(17,865,200	)
Capital Share Transactions:
Issued		98,088,330			18,655,425			26,372,086			134,701,260
Redeemed		(508,212,530	)		(844,321,195	)		(9,070,110	)		(14,814,220	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(410,124,200	)		(825,665,770	)		17,301,976			119,887,040
Total Increase (Decrease) in Net Assets		(535,432,575	)		(1,803,718,702	)		62,115,549			22,832,094
Net Assets:
Beginning of Year/Period		2,095,790,645			3,899,509,347			699,110,630			676,278,536
End of Year/Period	$	1,560,358,070		$	2,095,790,645		$	761,226,179		$	699,110,630
Share Transactions:
Issued		2,050,000			270,000			1,240,000			5,620,000
Redeemed		(11,030,000	)		(14,070,000	)		(400,000	)		(613,921	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(8,980,000	)		(13,800,000	)		840,000			5,006,079


‡	Share transactions have been adjusted to reflect the effect of a 1 for 3 reverse share split on December 19, 2022 (See Note 9 in the Notes to Financial Statements).

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

159

Statements of Changes in Net Assets

	Global X Social Media ETF						Global X Guru^® Index ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income (Loss)	$	(160,731	)	$	726,536		$	158,903		$	163,577
Net Realized Gain (Loss)		(7,334,065	)		(23,504,299	)		5,734,939			(2,729,202	)
Net Change in Unrealized Appreciation (Depreciation)		31,353,816			64,247,712			3,041,214			3,924,121
Net Increase in Net Assets Resulting from Operations		23,859,020			41,469,949			8,935,056			1,358,496
Distributions:		(221,844	)		(696,865	)		(211,405	)		(140,340	)
Return of Capital:		—			—			—			(13,339	)
Capital Share Transactions:
Issued		14,207,442			50,133,051			19,072,665			—
Redeemed		(39,598,739	)		(53,754,585	)		(29,158,769	)		(5,982,656	)
Decrease in Net Assets from Capital Share Transactions		(25,391,297	)		(3,621,534	)		(10,086,104	)		(5,982,656	)
Total Increase (Decrease) in Net Assets		(1,754,121	)		37,151,550			(1,362,453	)		(4,777,839	)
Net Assets:
Beginning of Year/Period		140,396,996			103,245,446			41,757,248			46,535,087
End of Year/Period	$	138,642,875		$	140,396,996		$	40,394,795		$	41,757,248
Share Transactions:
Issued		350,000			1,400,000			480,000			—
Redeemed		(990,000	)		(1,510,000	)		(720,000	)		(170,000	)
Net Decrease in Shares Outstanding from Share Transactions		(640,000	)		(110,000	)		(240,000	)		(170,000	)

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

160

Statements of Changes in Net Assets

	Global X SuperIncome™ Preferred ETF						Global X SuperDividend^® U.S. ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income	$	4,864,617		$	12,482,160		$	11,219,230		$	24,850,832
Net Realized Gain (Loss)		1,374,639			(35,344,694	)		(24,789,556	)		(40,314,161	)
Net Change in Unrealized Appreciation (Depreciation)		14,943,685			4,801,453			90,036,076			(69,852,699	)
Net Increase (Decrease) in Net Assets Resulting from Operations		21,182,941			(18,061,081	)		76,465,750			(85,316,028	)
Distributions:		(5,209,497	)		(12,843,440	)		(21,202,380	)		(32,670,182	)
Return of Capital:		—			—			—			(12,029,058	)
Capital Share Transactions:
Issued		—			28,847,405			18,999,168			151,410,242
Redeemed		(23,207,231	)		(35,612,035	)		(53,383,557	)		(114,359,782	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(23,207,231	)		(6,764,630	)		(34,384,389	)		37,050,460
Total Increase (Decrease) in Net Assets		(7,233,787	)		(37,669,151	)		20,878,981			(92,964,808	)
Net Assets:
Beginning of Year/Period		157,490,099			195,159,250			590,899,500			683,864,308
End of Year/Period	$	150,256,312		$	157,490,099		$	611,778,481		$	590,899,500
Share Transactions:
Issued		—			2,990,000			1,130,000			8,650,000
Redeemed		(2,530,000	)		(3,980,000	)		(3,220,000	)		(6,490,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(2,530,000	)		(990,000	)		(2,090,000	)		2,160,000

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

161

Statements of Changes in Net Assets

	Global X MSCI SuperDividend^® Emerging Markets ETF						Global X SuperDividend^® REIT ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023^‡			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023^‡
Operations:
Net Investment Income	$	946,479		$	3,538,333		$	7,323,662		$	15,816,112
Net Realized Gain (Loss)		(25,888	)		(7,396,703	)		(38,500,609	)		(30,591,783	)
Net Change in Unrealized Appreciation (Depreciation)		6,678,464			9,203,211			50,815,573			769,596
Net Increase (Decrease) in Net Assets Resulting from Operations		7,599,055			5,344,841			19,638,626			(14,006,075	)
Distributions:		(1,722,222	)		(3,319,170	)		(8,867,512	)		(13,547,728	)
Return of Capital:		—			—			—			(6,960,250	)
Capital Share Transactions:
Issued		252,087			2,345,719			4,433,503			15,653,093
Redeemed		(1,991,170	)		(1,965,623	)		(26,165,845	)		(50,140,564	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(1,739,083	)		380,096			(21,732,342	)		(34,487,471	)
Total Increase (Decrease) in Net Assets		4,137,750			2,405,767			(10,961,228	)		(69,001,524	)
Net Assets:
Beginning of Year/Period		41,573,901			39,168,134			217,653,112			286,654,636
End of Year/Period	$	45,711,651		$	41,573,901		$	206,691,884		$	217,653,112
Share Transactions:
Issued		10,000			96,667			230,000			740,000
Redeemed		(80,000	)		(80,819	)		(1,280,000	)		(2,324,140	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(70,000	)		15,848			(1,050,000	)		(1,584,140	)

‡ Share transactions have been adjusted to reflect the effect of a 1 for 3 reverse share split on December 19, 2022 (See Note 9 in the Notes to Financial Statements).

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

162

Statements of Changes in Net Assets

	Global X Renewable Energy Producers ETF						Global X S&P 500^®Catholic Values ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income	$	31,464		$	845,464		$	4,694,477		$	8,138,111
Net Realized Gain (Loss)		(5,134,263	)		(9,862,211	)		8,362,029			11,684,291
Net Change in Unrealized Appreciation (Depreciation)		7,269,858			(10,198,855	)		124,023,062			30,978,489
Net Increase (Decrease) in Net Assets Resulting from Operations		2,167,059			(19,215,602	)		137,079,568			50,800,891
Distributions:		(357,729	)		(839,231	)		(5,390,628	)		(7,699,184	)
Capital Share Transactions:
Issued		—			2,633,738			24,332,140			119,238,821
Redeemed		(7,578,919	)		(29,751,744	)		(23,634,627	)		(39,830,981	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(7,578,919	)		(27,118,006	)		697,513			79,407,840
Total Increase (Decrease) in Net Assets		(5,769,589	)		(47,172,839	)		132,386,453			122,509,547
Net Assets:
Beginning of Year/Period		43,796,687			90,969,526			671,797,193			549,287,646
End of Year/Period	$	38,027,098		$	43,796,687		$	804,183,646		$	671,797,193
Share Transactions:
Issued		—			200,000			420,000			2,350,000
Redeemed		(740,000	)		(2,460,000	)		(400,000	)		(790,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(740,000	)		(2,260,000	)		20,000			1,560,000

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

163

Statements of Changes in Net Assets

	Global X MSCI SuperDividend^®EAFE ETF						Global X E-commerce ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income (Loss)	$	254,707		$	638,408		$	159,281		$	(11,415	)
Net Realized Gain (Loss)		240,591			(834,267	)		(12,542,726	)		(17,240,809	)
Net Change in Unrealized Appreciation (Depreciation)		1,106,107			1,357,260			33,396,572			20,074,893
Net Increase in Net Assets Resulting from Operations		1,601,405			1,161,401			21,013,127			2,822,669
Distributions:		(371,156	)		(736,065	)		—			—
Return of Capital:		—			—			—			(42,666	)
Capital Share Transactions:
Issued		3,047,960			3,052,141			—			33,960,916
Redeemed		(2,847,085	)		(1,779,069	)		(13,191,586	)		(16,912,892	)
Increase (Decrease) in Net Assets from Capital Share Transactions		200,875			1,273,072			(13,191,586	)		17,048,024
Total Increase in Net Assets		1,431,124			1,698,408			7,821,541			19,828,027
Net Assets:
Beginning of Year/Period		10,081,976			8,383,568			62,068,545			42,240,518
End of Year/Period	$	11,513,100		$	10,081,976		$	69,890,086		$	62,068,545
Share Transactions:
Issued		210,000			220,000			—			1,830,000
Redeemed		(200,000	)		(130,000	)		(600,000	)		(960,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		10,000			90,000			(600,000	)		870,000

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

164

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, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income	$	198,405		$	343,263		$	6,270		$	5,298
Net Realized Gain (Loss)		(67,407	)		(309,284	)		11,789			(265,723	)
Net Change in Unrealized Appreciation (Depreciation)		2,661,764			257,408			208,956			517,504
Net Increase in Net Assets Resulting from Operations		2,792,762			291,387			227,015			257,079
Distributions:		(184,613	)		(253,178	)		(5,326	)		(4,771	)
Capital Share Transactions:
Issued		585,113			8,854,084			1,328,808			—
Redeemed		—			—			(501,847	)		(797,923	)
Increase (Decrease) in Net Assets from Capital Share Transactions		585,113			8,854,084			826,961			(797,923	)
Total Increase (Decrease) in Net Assets		3,193,262			8,892,293			1,048,650			(545,615	)
Net Assets:
Beginning of Year/Period		14,484,615			5,592,322			1,362,369			1,907,984
End of Year/Period	$	17,677,877		$	14,484,615		$	2,411,019		$	1,362,369
Share Transactions:
Issued		20,000			320,000			50,000			—
Redeemed		—			—			(20,000	)		(40,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		20,000			320,000			30,000			(40,000	)

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

165

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, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income	$	8,734		$	9,816		$	17,506		$	32,283
Net Realized Gain (Loss)		75,425			(679,364	)		(29,242	)		(119,231	)
Net Change in Unrealized Appreciation (Depreciation)		280,070			881,750			458,803			292,159
Net Increase in Net Assets Resulting from Operations		364,229			212,202			447,067			205,211
Distributions:		(8,449	)		(8,877	)		(19,285	)		(32,745	)
Capital Share Transactions:
Issued		—			—			295,892			—
Redeemed		(823,652	)		(1,171,831	)		—			(766,526	)
Increase (Decrease) in Net Assets from Capital Share Transactions		(823,652	)		(1,171,831	)		295,892			(766,526	)
Total Increase (Decrease) in Net Assets		(467,872	)		(968,506	)		723,674			(594,060	)
Net Assets:
Beginning of Year/Period		2,112,034			3,080,540			2,423,348			3,017,408
End of Year/Period	$	1,644,162		$	2,112,034		$	3,147,022		$	2,423,348
Share Transactions:
Issued		—			—			10,000			—
Redeemed		(30,000	)		(50,000	)		—			(30,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		(30,000	)		(50,000	)		10,000			(30,000	)

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

166

Statements of Changes in Net Assets

	Global X S&P 500^® Collar 95-110 ETF						Global X Disruptive Materials ETF
	Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023			Period Ended April 30, 2024 (Unaudited)			Year Ended October 31, 2023
Operations:
Net Investment Income	$	15,466		$	36,472		$	18,814		$	101,617
Net Realized Gain (Loss)		(40,071	)		(287,823	)		(595,648	)		(861,308	)
Net Change in Unrealized Appreciation (Depreciation)		401,754			370,100			1,471,345			(1,250,478	)
Net Increase (Decrease) in Net Assets Resulting from Operations		377,149			118,749			894,511			(2,010,169	)
Distributions:		(18,097	)		(40,011	)		(57,314	)		(77,885	)
Capital Share Transactions:
Issued		—			—			564,397			6,774,401
Redeemed		—			(1,772,256	)		(2,272,588	)		(435,664	)
Increase (Decrease) in Net Assets from Capital Share Transactions		—			(1,772,256	)		(1,708,191	)		6,338,737
Total Increase (Decrease) in Net Assets		359,052			(1,693,518	)		(870,994	)		4,250,683
Net Assets:
Beginning of Year/Period		2,221,163			3,914,681			7,683,847			3,433,164
End of Year/Period	$	2,580,215		$	2,221,163		$	6,812,853		$	7,683,847
Share Transactions:
Issued		—			—			40,000			370,000
Redeemed		—			(70,000	)		(160,000	)		(20,000	)
Net Increase (Decrease) in Shares Outstanding from Share Transactions		—			(70,000	)		(120,000	)		350,000

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

167

Page intentionally left blank.

168

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)		Return of Capital ($)
Global X Lithium & Battery Tech ETF
2024 (Unaudited)		47.33		0.10			(2.87	)		(2.77	)		(0.36	)		—		—
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	)		—		—
2020		25.04		0.40			17.86			18.26			(0.44	)		—		—
2019		30.32		0.48			(4.86	)		(4.38	)		(0.90	)		—		—
Global X SuperDividend^®ETF
2024 (Unaudited)		20.36		0.78			1.74			2.52			(1.24	)		—		—
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	)		—		—
2020⁽¹⁾		51.75		2.58			(19.02	)		(16.44	)		(3.12	)		—		(0.36	)
2019⁽¹⁾		57.18		3.72			(4.41	)		(0.69	)		(4.14	)		—		(0.60	)
Global X Social Media ETF
2024 (Unaudited)		34.75		(0.04	)		6.12			6.08			(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			—			—		—
2020		31.92		(0.11	)		20.14			20.03			—			—		—
2019		29.10		(0.10	)		2.92			2.82			—			—		—

*	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.
(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.

169

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 (%)^††

	(0.36)		44.20		(5.95	)		1,560,358		0.75	†		0.42	†		10.48
	(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
	(0.44)		42.86		73.82			868,894		0.75			1.30			65.14
	(0.90)		25.04		(14.61	)		455,124		0.75			1.75			35.28

	(1.24)		21.64		12.57			761,226		0.58	†		7.24	†		54.48
	(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
	(3.48)		31.83		(32.80	)		626,871		0.59			6.62			124.55
	(4.74)		51.75		(1.02	)		932,111		0.59			7.03			56.85

	(0.05)		40.78		17.51			138,643		0.65	†		(0.21	)†		9.56
	(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
	—		51.95		62.75			225,999		0.65			(0.28	)		19.23
	—		31.92		9.69			121,289		0.65			(0.33	)		16.92

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

170

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)		Return of Capital ($)
Global X Guru^® Index ETF
2024 (Unaudited)		34.23		0.14		7.03			7.17			(0.18	)		—		—
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	)		—		—
2020		34.02		0.33		3.32			3.65			(0.34	)		—		(0.02	)
2019		30.09		0.12		4.02			4.14			(0.17	)		—		(0.04	)
Global X SuperIncome™ Preferred ETF
2024 (Unaudited)		8.21		0.27		0.83			1.10			(0.29	)		—		—
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	)		—		—
2020		11.73		0.60		(0.53	)		0.07			(0.65	)		—		(0.03	)
2019		11.49		0.66		0.32			0.98			(0.73	)		—		(0.01	)
Global X SuperDividend^® U.S. ETF
2024 (Unaudited)		15.62		0.31		1.78			2.09			(0.59	)		—		—
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	)
2020		23.34		0.62		(7.45	)		(6.83	)		(1.14	)		—		(0.38	)
2019		24.53		1.12		(0.56	)		0.56			(1.49	)		—		(0.26	)

*	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.

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

171

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 (%)^††

	(0.18)		41.22		20.95			40,395		0.75	†		0.70	†		65.97
	(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
	(0.36)		37.31		10.84			55,961		0.75			0.96			124.90
	(0.21)		34.02		13.90			56,134		0.75			0.38			126.44

	(0.29)		9.02		13.38			150,256		0.48	†		5.94	†		38.56
	(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
	(0.68)		11.12		0.81			184,015		0.58			5.47			67.65
	(0.74)		11.73		8.87			201,092		0.58			5.72			55.98

	(0.59)		17.12		13.51			611,778		0.46	†		3.73	†		44.18
	(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
	(1.52)		14.99		(30.12	)		412,110		0.45			3.50			93.44
	(1.75)		23.34		2.61			544,884		0.46			4.83			60.00

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

172

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)			Return of Capital ($)
Global X MSCI SuperDividend^® Emerging Markets ETF
2024 (Unaudited)		22.48		0.52		3.64			4.16			(0.95	)		—			—
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	)		—			—
2020⁽¹⁾		38.85		1.65		(9.51	)		(7.86	)		(1.98	)		—			(0.42	)
2019⁽¹⁾		38.73		2.61		0.15			2.76			(2.64	)		—			—
Global X SuperDividend^® REIT ETF
2024 (Unaudited)		18.67		0.66		0.94			1.60			(0.79	)		—			—
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	)
2020⁽¹⁾		45.99		1.68		(22.23	)		(20.55	)		(2.58	)		—			(0.18	)
2019⁽¹⁾		43.86		2.97		2.73			5.70			(3.57	)		—			—
Global X Renewable Energy Producers ETF
2024 (Unaudited)		9.30		0.01		0.35			0.36			(0.08	)		—			—
2023		13.05		0.15		(3.76	)		(3.61	)		(0.14	)		—			—
2022		16.82		0.15		(3.76	)		(3.61	)		(0.16	)		—			—
2021		14.87		0.23		2.05			2.28			(0.30	)		(0.03	)		—
2020		13.79		0.41		1.13			1.54			(0.46	)		—			—
2019		11.52		0.13		2.61			2.74			(0.47	)		—			—

*	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.
(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.

173

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 (%)^††

	(0.95)		25.69		18.74			45,712		0.66	†		4.23	†		19.59
	(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
	(2.40)		28.59		(21.01	)		20,007		0.67			5.04			93.04
	(2.64)		38.85		7.14			17,489		0.66			6.51			66.65

	(0.79)		19.48		8.44			206,692		0.59	†		6.44	†		75.92
	(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
	(2.76)		22.68		(45.94	)		311,625		0.58			5.74			106.23
	(3.57)		45.99		13.68			364,790		0.59			6.71			34.16

	(0.08)		9.58		3.75			38,027		0.65	†		0.15	†		5.06
	(0.14)		9.30		(27.93	)		43,797		0.65			1.18			12.68
	(0.16)		13.05		(21.57	)		90,970		0.66			1.01			18.33
	(0.33)		16.82		15.37			146,976		0.65			1.39			55.97
	(0.46)		14.87		11.39			66,192		0.65			2.89			29.27
	(0.47)		13.79		24.34			26,205		0.65			1.01			87.06

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

174

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)			Return of Capital ($)
Global X S&P 500^®Catholic Values ETF
2024 (Unaudited)		50.89		0.36			9.99			10.35			(0.41	)		—			—
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	)		—			—
2020		37.23		0.58			3.08			3.66			(0.55	)		(0.02	)		—
2019		33.59		0.58			3.92			4.50			(0.81	)		(0.05	)		—
Global X MSCI SuperDividend^®EAFE ETF
2024 (Unaudited)		12.76		0.34			1.78			2.12			(0.49	)		—			—
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	)		—			—
2020		16.11		0.56			(4.53	)		(3.97	)		(0.55	)		—			(0.15	)
2019		15.96		0.82			0.36			1.18			(1.03	)		—			—
Global X E-commerce ETF
2024 (Unaudited)		16.96		0.05			5.83			5.88			—			—			—
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	)		—
2020		17.58		0.19			9.05			9.24			(0.03	)		—			—
2019⁽¹⁾		15.00		(0.05	)		2.63			2.58			—			—			—


*	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.
(1)	The Fund commenced operations on November 27, 2018.

Amounts designated as “—” are either $0 or have been rounded to $0.

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

175

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 (%)^††

	(0.41)		60.83		20.37			804,184		0.29	†		1.21	†		2.72
	(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
	(0.57)		40.32		9.89			379,053		0.29			1.51			5.55
	(0.86)		37.23		13.86			275,511		0.29			1.66			8.54

	(0.49)		14.39		16.79			11,513		0.56	†		4.83	†		25.90
	(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
	(0.70)		11.44		(25.24	)		7,436		0.56			4.07			59.28
	(1.03)		16.11		7.81			18,527		0.56			5.23			29.81

	—		22.84		7.09			69,890		0.50	†		0.44	†		17.12
	(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
	(0.03)		26.79		52.67			91,083		0.50			0.75			42.01
	—		17.58		17.20			3,517		0.68	†		(0.32	)†		23.50

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

176

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)			Return of Capital ($)
Global X S&P Catholic Values Developed ex-U.S. ETF
2024 (Unaudited)		25.87		0.35			4.58			4.93			(0.32	)		—			—
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	)		—			—
2020⁽¹⁾		25.05		0.19			(0.26	)		(0.07	)		—			—			—
Global X NASDAQ 100^® Tail Risk ETF
2024 (Unaudited)		22.71		0.09			4.10			4.19			(0.11	)		—			—
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⁽²⁾		25.13		(0.01	)		0.47			0.46			—			—			—
Global X NASDAQ 100^® Collar 95-110 ETF
2024 (Unaudited)		23.47		0.10			3.92			4.02			(0.09	)		—			—
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⁽²⁾		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.
(1)	The Fund commenced operations on June 22, 2020.
(2)	The Fund commenced operations on August 25, 2021.
(3)	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 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.

177

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 (%)^††

	(0.32)		30.48		19.11			17,678		0.35	†		2.35	†		3.61
	(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
	—		24.98		(0.28	)		2,498		0.35	†		2.02	†		4.04

	(0.11)		26.79		18.45			2,411		0.25	†		0.68	†		6.04
	(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

	(0.09)		27.40		17.16			1,644		0.25	†		0.73	†		7.98
	(0.07)		23.47		7.01			2,112		0.55			0.35			18.56
	(0.44)		22.00		(13.19	)		3,081		0.62	⁽³⁾		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.

178

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) on Investments ($)			Total from Operations ($)			Distribution from Net Investment Income ($)			Distribution from Capital Gains ($)			Return of Capital ($)
Global X S&P 500^® Tail Risk ETF
2024 (Unaudited)		24.23		0.17		4.40			4.57			(0.19	)		—			—
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
2024 (Unaudited)		24.68		0.17		4.02			4.19			(0.20	)		—			—
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 Disruptive Materials ETF
2024 (Unaudited)		14.23		0.04		2.07			2.11			(0.12	)		—			—
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.
(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 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.

179

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 (%)^††

	(0.19)		28.61		18.91			3,147		0.25	†		1.25	†		1.27
	(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

	(0.20)		28.67		17.02			2,580		0.25	†		1.24	†		1.04
	(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

	(0.12)		16.22		14.90			6,813		0.59	†		0.57	†		11.59
	(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.

180

Notes to Financial Statements

April 30, 2024 (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, 2024, the Trust had ninety seven portfolios, ninety one of which were operational. The financial statements herein and the related notes pertain to the Global X Lithium and 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 and Global X Disruptive Materials ETF, (each a “Fund”, 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^TMPreferred ETF, Global X Guru^®Index ETF, Global X S&P 500^®Catholic Values ETF, Global X S&P 500^®Tail Risk ETF and Global X S&P 500^®Collar 95-110 ETF) has elected non-diversified status under the 1940 Act.

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. 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 and 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.

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.

181

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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.

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 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).

182

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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, the Funds may fair value a security if an event that may materially affect the value of the Funds’ security that is traded 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 NAV, 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

183

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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)

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 Schedule 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 October 31, 2023. The Funds continuously monitor the credit standing of each broker or counterparty with whom they

184

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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 by BNP Paribas are held by Brown Brothers Harriman & Co. (“BBH”) or The Bank of New York Mellon (“BNY Mellon”), 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 the Funds’ 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.

Repurchase agreements are entered into by the Funds under Master Repurchase Agreements (“MRA”) 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 Code. 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.

185

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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, 2024, 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.

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. Second, it is possible

186

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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. Third, 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, 2024, if applicable.

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 net asset value (“NAV”) and only in large blocks of 10,000 Shares, referred to as “Creation Units”. Purchasers of Creation Units (“Authorized Participants”) 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:

187

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

	Creation Unit Shares		Creation Fee		Value at April 30, 2024		Redemption Fee
Global X Lithium & Battery Tech ETF		10,000	$	600	$	442,000	$	600
Global X SuperDividend^®ETF		10,000		900		216,400		900
Global X Social Media ETF		10,000		250		407,800		250
Global X Guru^®Index ETF		10,000		250		412,200		250
Global X SuperIncome^™Preferred ETF		10,000		250		90,200		250
Global X SuperDividend^®U.S. ETF		10,000		150		171,200		150
Global X MSCI SuperDividend^®Emerging Markets ETF		10,000		900		256,900		900
Global X SuperDividend^®REIT ETF		10,000		250		194,800		250
Global X Renewable Energy Producers ETF		10,000		400		95,800		400
Global X S&P 500^®Catholic Values ETF		10,000		1,400		608,300		1,400
Global X MSCI SuperDividend^®EAFE ETF		10,000		300		143,900		300
Global X E-commerce ETF		10,000		250		228,400		250
Global X S&P Catholic Values Developed ex-U.S. ETF		10,000		2,700		304,800		2,700
Global X NASDAQ 100^®Tail Risk ETF		10,000		250		267,900		250
Global X NASDAQ 100^®Collar 95-110 ETF		10,000		300		274,000		300
Global X S&P 500^®Tail Risk ETF		10,000		800		286,100		800
Global X S&P 500^®Collar 95-110 ETF		10,000		1,700		286,700		1,700
Global X Disruptive Materials ETF		10,000		400		162,200		400

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 Mellon, if a Fund for which BNY Mellon is Custodian has a cash overdraft, it will be charged interest at a rate then charged by BNY Mellon to its institutional custody clients in the relevant currency. Cash overdraft charges are included in custodian fees on the Statements of Operations.

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 Statement 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

188

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

2. SIGNIFICANT ACCOUNTING POLICIES (continued)

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.

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 covered call and/or put options that correspond to their respective reference index. By writing a covered 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.

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

189

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

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 the average daily net assets of each Fund) (“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).

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^TMPreferred 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 Disruptive Materials ETF		0.59	%

190

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

⁽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, 2025.

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 Lithium & Battery Tech ETF, 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 and the Global X S&P 500^®Collar 95-110 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

191

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

3. RELATED PARTIES AND SERVICE PROVIDER TRANSACTIONS (continued)

relating to its duties; (iv) maintain shareholder accounts; and (v) make periodic reports to the Funds. 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 all Funds other than the Global X Lithium & Battery Tech ETF, 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 and Global X S&P 500^®Collar 95-110 ETF, BNY Mellon serves as Custodian and transfer agent to the Trust on behalf of the Funds. As Custodian, BNY Mellon 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 Mellon 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 book-entry system payments for dividends and distributions on or with respect to the Shares declared by the Trust on behalf of the Fund, 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.

192

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

4. INVESTMENT TRANSACTIONS

For the period ended April 30, 2024, 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	$	191,290,497	$	358,724,625
Global X SuperDividend^®ETF		401,165,236		400,984,701
Global X Social Media ETF		14,634,352		16,812,389
Global X Guru^®Index ETF		29,438,849		29,531,894
Global X SuperIncome™ Preferred ETF		62,476,579		62,502,353
Global X SuperDividend^®U.S. ETF		265,038,335		282,322,553
Global X MSCI SuperDividend^®Emerging Markets ETF		8,703,200		10,536,986
Global X SuperDividend^®REIT ETF		171,421,493		173,439,284
Global X Renewable Energy Producers ETF		2,156,182		3,951,735
Global X S&P 500^®Catholic Values ETF		21,008,382		21,892,270
Global X MSCI SuperDividend^®EAFE ETF		2,746,719		2,808,912
Global X E-commerce ETF		12,390,859		12,304,473
Global X S&P Catholic Values Developed ex-U.S. ETF		904,550		607,465
Global X NASDAQ 100^®Tail Risk ETF		110,795		151,482
Global X NASDAQ 100^®Collar 95-110 ETF		180,310		236,622
Global X S&P 500^®Tail Risk ETF		35,341		59,907
Global X S&P 500^®Collar 95-110 ETF		25,533		68,346
Global X Disruptive Materials ETF		763,619		1,325,012

During the period ended April 30, 2024, there were no purchases or sales of long-term U.S. Government securities for the Funds.

193

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

4. INVESTMENT TRANSACTIONS (continued)

For the period ended April 30, 2024, in-kind transactions associated with creations and redemptions were:

	Purchases		Sales		Realized Gain/(Loss)
Global X Lithium & Battery Tech ETF	$	50,912,257	$	286,936,239	$	30,754,273
Global X SuperDividend^®ETF		7,869,510		7,784,070		1,250,869
Global X Social Media ETF		12,180,660		36,064,105		9,153,603
Global X Guru^®Index ETF		19,076,281		29,085,353		6,926,385
Global X SuperIncome™ Preferred ETF		–		23,089,002		543,495
Global X SuperDividend^®U.S. ETF		18,436,734		43,513,851		5,290,790
Global X MSCI SuperDividend^®Emerging Markets ETF		–		750,792		119,019
Global X SuperDividend^®REIT ETF		4,419,013		26,140,619		1,486,421
Global X Renewable Energy Producers ETF		–		6,042,893		(3,548,646	)
Global X S&P 500^®Catholic Values ETF		24,312,163		23,716,642		10,592,489
Global X MSCI SuperDividend^®EAFE ETF		2,840,011		2,870,276		525,491
Global X E-commerce ETF		–		13,172,995		3,254,574
Global X S&P Catholic Values Developed ex-U.S. ETF		279,666		–		–
Global X NASDAQ 100^®Tail Risk ETF		1,331,450		504,146		64,183
Global X NASDAQ 100^®Collar 95-110 ETF		–		811,531		122,966
Global X S&P 500^®Tail Risk ETF		291,538		–		–
Global X S&P 500^®Collar 95-110 ETF		–		–		–
Global X Disruptive Materials ETF		386,696		1,577,192		(119,199	)

5. DERIVATIVE TRANSACTIONS

The following tables show the derivatives categorized by underlying risk exposure.

The fair value of derivative instruments as of April 30, 2024 was as follows:

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X SuperDividend^®ETF

Equity contracts

Unrealized appreciation on Future Contracts

–

Equity contracts

Unrealized depreciation on Future Contracts

159,578

Total Derivatives not accounted for as hedging instruments

–

159,578

194

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

5. DERIVATIVE TRANSACTIONS (continued)

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X MSCI SuperDividend^® Emerging Markets ETF

Equity
contracts

Unrealized appreciation on Future
Contracts

–

Equity contracts

Unrealized depreciation on Future Contracts

854

Total Derivatives not accounted for as hedging instruments

–

854

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X NASDAQ 100^® Tail Risk ETF

Equity contracts

Investments purchased, at value

14,000

Equity contracts

Options written, at value

–

Total Derivatives not accounted for as hedging instruments

14,000

–

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X NASDAQ 100^® Collar 95-110 ETF

Equity contracts

Investments purchased, at value

22,400

Equity contracts

Options written, at value

529

Total Derivatives not accounted for as hedging instruments

22,400

529

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X S&P 500^® Tail Risk ETF

Equity contracts

Investments purchased, at value

9,832

Equity contracts

Options written, at value

–

Total Derivatives not accounted for as hedging instruments

9,832

–

195

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

5. DERIVATIVE TRANSACTIONS (continued)

Asset Derivatives

Liability Derivatives

Statements of Assets
and Liability Location

Fair Value

Statements of Assets
and Liability Location

Fair Value

Derivatives not accounted for as hedging instruments:

Global X S&P 500® Collar 95-110 ETF

Equity contracts

Investments purchased, at value

22,550

Equity contracts

Options written, at value

300

Total Derivatives not accounted for as hedging instruments

22,550

300

*Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statements of Assets and Liabilities.

The effect of derivative instruments on the Statements of Operations for the period ended April 30, 2024:

Amount of realized gain or (loss) on derivatives recognized in income:

	Purchased Options			Written Options		Futures
Global X SuperDividend^®ETF
Equity contracts	$	–		$	–	$	311,473

Global X NASDAQ 100^® Tail Risk ETF
Equity contracts	$	(24,580	)	$	–	$	–

Global X NASDAQ 100^® Collar 95-110 ETF
Equity contracts	$	(69,200	)	$	33,560	$	–

Global X S&P 500^® Tail Risk ETF
Equity contracts	$	(25,088	)	$	–	$	–

Global X S&P 500^® Collar 95-110 ETF
Equity contracts	$	(42,112	)	$	4,690	$	–

Change in unrealized appreciation or (depreciation) on derivatives recognized in income:

	Purchased Options		Written Options		Futures
Global X SuperDividend^® ETF
Equity contracts	$	–	$	–	$	(159,578	)

Global X MSCI SuperDividend^® Emerging Markets ETF
Equity contracts	$	–	$	–	$	(854	)

196

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

5. DERIVATIVE TRANSACTIONS (continued)

	Purchased Options			Written Options			Futures
Global X NASDAQ 100^® Tail Risk ETF
Equity contracts	$	(15,249	)	$	–		$	–

Global X NASDAQ 100^® Collar 95-110 ETF
Equity contracts	$	(27,148	)	$	(10,247	)	$	–

Global X S&P 500^® Tail Risk ETF
Equity contracts	$	(15,894	)	$	–		$	–

Global X S&P 500^® Collar 95-110 ETF
Equity contracts	$	(36,562	)	$	1,964		$	–

The following table discloses the average monthly balances of the Funds’ Futures activity during the period ended April 30, 2024:

	Short Avg		Long Avg
Global X SuperDividend^®ETF		$–		$4,879,962
Global X MSCI SuperDividend^®Emerging Markets ETF		–		8,826

The following table discloses the average monthly balances of the Funds’ options activity during the period ended April 30, 2024:

	Short Avg			Long Avg
Global X NASDAQ 100^®Tail Risk ETF		$–			$16,089
Global X NASDAQ 100^®Collar 95-110 ETF		(11,248	)		32,392
Global X S&P 500^®Tail Risk ETF		–			13,327
Global X S&P 500^®Collar 95-110 ETF		(2,980	)		22,739

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, 2023. Accordingly, the disclosures are for informational use by shareholders and are subject to change attributable to activity through the end of the tax year ending December 31, 2023.

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.

197

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

6. TAX INFORMATION (continued)

The tax character of dividends and distributions declared during the periods ended October 31, 2023 and October 31, 2022 were as follows:

Global X Funds	Ordinary Income		Long-Term Capital Gain		Return of Capital		Totals
Global X Lithium & Battery Tech ETF
2024	$	–	$	–	$	–	$	–
2023		38,976,032		–		–		38,976,032
Global X SuperDividend^®ETF
2024	$	–	$	–	$	–	$	–
2023		71,554,165		–		17,865,200		89,419,365
Global X Social Media ETF
2024	$	–	$	–	$	–	$	–
2023		696,865		–		–		696,865
Global X Guru^®Index ETF
2024	$	–	$	–	$	–	$	–
2023		140,340		–		13,339		153,679
Global X SuperIncome^™Preferred ETF
2024	$	–	$	–	$	–	$	–
2023		12,843,440		–		–		12,843,440
Global X SuperDividend^®U.S. ETF
2024	$	–	$	–	$	–	$	–
2023		32,670,182		–		12,029,058		44,699,240
Global X MSCI SuperDividend^®Emerging Markets ETF
2024	$	–	$	–	$	–	$	–
2023		3,319,170		–		–		3,319,170
Global X SuperDividend^®REIT ETF
2024	$	8,867,512	$	–	$	–	$	8,867,512
2023		17,667,250		–		6,960,250		24,627,500
Global X Renewable Energy Producers ETF
2024	$	357,729	$	–	$	–	$	357,729
2023		839,231		–		–		839,231
Global X S&P 500^®Catholic Values ETF
2024	$	5,390,628	$	–	$	–	$	5,390,628
2023		7,699,184		–		–		7,699,184
Global X MSCI SuperDividend^®EAFE ETF
2024	$	371,156	$	–	$	–	$	371,156
2023		736,065		–		–		736,065
Global X E-commerce ETF
2024	$	–	$	–	$	–	$	–
2023		–		–		42,666		42,666
Global X S&P Catholic Values Developed ex-U.S. ETF
2024	$	184,613	$	–	$	–	$	184,613
2023		253,178		–		–		253,178
Global X NASDAQ 100^®Tail Risk ETF
2024	$	4,771	$	–	$	–	$	4,771

198

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

6. TAX INFORMATION (continued)

Global X Funds	Ordinary Income		Long-Term Capital Gain		Return of Capital		Totals
2023		4,771		–		–		4,771
Global X NASDAQ 100^®Collar 95-110 ETF
2024	$	8,877	$	–	$	–	$	8,877
2023		8,877		–		–		8,877
Global X S&P 500^®Tail Risk ETF
2024	$	32,745	$	–	$	–	$	32,745
2023		32,745		–		–		32,745
Global X S&P 500^®Collar 95-110 ETF
2024	$	40,011	$	–	$	–	$	40,011
2023		40,011		–		–		40,011
Global X Disruptive Materials ETF
2024	$	77,885	$	–	$	–	$	77,885
2023		77,885		–		–		77,885

199

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

6. TAX INFORMATION (continued)

As of October 31, 2023, 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	$	13,418,223		$	–		$	221,843		$	–
Capital Loss Carryforwards		(709,741,048	)		(875,799,892	)		(102,258,532	)		(20,896,196	)
Unrealized Depreciation on Investments and Foreign Currency		(442,916,833	)		(148,395,913	)		(89,142,998	)		(2,638,826	)
Other Temporary Differences		(12	)		(16	)		1			(7	)
Total Accumulated Losses	$	(1,139,239,670	)	$	(1,024,195,821	)	$	(191,179,686	)	$	(23,535,029	)

	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	$	690,570		$	–		$	190,241		$	–
Capital Loss Carryforwards		(107,036,095	)		(183,409,023	)		(30,084,393	)		(223,665,882	)
Unrealized Depreciation on Investments and Foreign Currency		(20,499,314	)		(70,013,786	)		(5,645,724	)		(68,727,995	)
Other Temporary Differences		7			4			(2	)		(1,911,500	)
Total Accumulated Losses	$	(126,844,832	)	$	(253,422,805	)	$	(35,539,878	)	$	(294,305,377	)

	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	$	276,433		$	3,291,295		$	123,431		$	–
Capital Loss Carryforwards		(11,285,599	)		(5,249,389	)		(2,308,676	)		(21,904,088	)
Unrealized Appreciation (Depreciation) on Investments and Foreign Currency		(41,122,415	)		64,077,187			(1,297,522	)		(46,987,499	)
Late Year Loss Deferral		–			–			–			(13,818	)
Other Temporary Differences		(2	)		3			(5	)		1
Total Distributable Earnings (Accumulated Losses)	$	(52,131,583	)	$	62,119,096		$	(3,482,772	)	$	(68,905,404	)

	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	$	152,209		$	2,466		$	4,067		$	11,623
Capital Loss Carryforwards		(305,713	)		(532,778	)		(370,940	)		(347,869	)
Unrealized Depreciation on Investments and Foreign Currency		(888,246	)		–			–			–
Other Temporary Differences		2			–			2			–
Total Accumulated Losses	$	(1,041,748	)	$	(530,312	)	$	(366,871	)	$	(336,246	)

200

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

6. TAX INFORMATION (continued)

	Global X S&P 500^® Collar 95- 110 ETF			Global X Disruptive Materials ETF
Undistributed Ordinary Income	$	11,286		$	54,723
Capital Loss Carryforwards		(316,741	)		(1,020,325	)
Unrealized Depreciation on Investments and Foreign Currency		–			(2,633,416	)
Other Temporary Differences		1			(2	)
Total Accumulated Losses	$	(305,454	)	$	(3,599,020	)

⁽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. Losses carried forward under these provisions are as follows:

	Short-Term Loss		Long-Term Loss		Total
Global X NASDAQ 100^®Tail Risk ETF	$	66,442	$	466,336	$	532,778
Global X NASDAQ 100^®Collar 95-110 ETF		17,262		353,678		370,940
Global X S&P 500^®Tail Risk ETF		21,340		326,529		347,869
Global X S&P 500^®Collar 95-110 ETF		66,167		250,574		316,741
Global X Disruptive Materials ETF		536,299		484,026		1,020,325

⁽¹⁾The prior year ending balances of $298,494 (ST) and $447,741 (LT) (not presented herein), have been revised to correct for an error in the accounting for the mixed straddle election. The “as revised” balances (also not presented herein) are $313,824 (ST) and $470,735 (LT). Additionally, the same error resulted in Accumulated Losses and Paid in Capital, as presented on the Statement of Assets and Liabilities as of October 31, 2022, being understated and overstated, respectively, by an equal and offsetting amount totaling $38,325. Management has determined that the impact of these errors are not material to the prior year financial statements.

⁽²⁾The prior year ending balances of $213,983 (ST) and $320,974 (LT) (not presented herein), have been revised to correct for an error in the accounting for the mixed straddle election. The “as revised” balances (also not presented herein) are $229,330 (ST) and $343,996 (LT). Additionally, the same error resulted in Accumulated Losses and Paid in Capital, as presented on the Statement of Assets and Liabilities as of October 31, 2022, being understated and overstated, respectively, by an equal and offsetting amount totaling $38,369. Management has determined that the impact of these errors are not material to the prior year financial statements.

201

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

6. TAX INFORMATION (continued)

During the year ended October 31, 2023, the following Funds utilized capital loss carryforwards to offset capital gains amounting to:

	Short-Term Loss		Long-Term Loss		Total
Global X NASDAQ 100^® Tail Risk ETF	$	247,382	$	4,398	$	251,780
Global X NASDAQ 100^® Collar 95-110 ETF		212,068		–		212,068
Global X S&P 500^® Tail Risk ETF		186,833		–		186,833
Global X S&P 500^® Collar 95-110 ETF		93,274		–		93,274

The Federal tax cost basis of investments and aggregate gross unrealized appreciation and depreciation on investments held by the Funds at April 30, 2024 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	$2,000,395,732	$163,198,812	$(521,461,136)	$(358,262,324)
Global X SuperDividend^®ETF	843,959,828	55,372,150	(112,440,955)	(57,068,805)
Global X Social Media ETF	191,008,202	11,999,224	(63,012,712)	(51,013,488)
Global X Guru^®Index ETF	39,902,778	3,367,083	(2,878,030)	489,053
Global X SuperIncome^™Preferred ETF	162,823,420	2,607,452	(7,933,101)	(5,325,649)
Global X SuperDividend^®U.S. ETF	585,659,302	66,335,928	(31,623,636)	34,712,292
Global X MSCI SuperDividend^® Emerging Markets ETF	44,278,213	8,897,485	(7,634,010)	1,263,475
Global X SuperDividend^®REIT ETF	228,107,553	2,300,891	(24,364,397)	(22,063,506)
Global X Renewable Energy Producers ETF	72,053,644	695,081	(32,698,909)	(32,003,828)
Global X S&P 500^®Catholic Values ETF	607,677,565	228,981,764	(33,776,090)	195,205,674
Global X MSCI SuperDividend^® EAFE ETF	11,264,143	837,438	(822,112)	15,326
Global X E-commerce ETF	81,504,331	9,672,304	(18,865,553)	(9,193,249)
Global X S&P Catholic Values Developed ex-U.S. ETF	15,677,877	2,710,015	(790,167)	1,919,848
Global X NASDAQ 100^®Tail Risk ETF	2,335,520	25	(16,702)	(16,677)
Global X NASDAQ 100^®Collar 95-110 ETF	1,518,357	279,060	16,149	295,209
Global X S&P 500^®Tail Risk ETF	2,836,630	557,180	(243,474)	313,706
Global X S&P 500^®Collar 95-110 ETF	2,319,726	480,459	(218,294)	262,165
Global X Disruptive Materials ETF	7,823,178	538,554	(1,562,702)	(1,024,148)

202

Notes to Financial Statements (Continued)

April 30, 2024 (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, 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 Funds use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of an underlying 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 their 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 the underlying index).

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.

Certain Funds may have investments in financial instruments that utilize the London Interbank Offered Rate (“LIBOR”) as the reference or benchmark rate for variable interest

203

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

7. CONCENTRATION OF RISKS (continued)

rate calculations. LIBOR was intended to measure the rate generally at which banks can lend and borrow from one another in the relevant currency on an unsecured basis. The UK Financial Conduct Authority (“FCA”), the regulator that oversees LIBOR, announced that the majority of LIBOR rates would cease to be published or would no longer be representative on January 1, 2022. The publication of most LIBOR rates ceased at the end of 2021, and the remaining USD LIBOR rates ceased to be published after June 2023. There remains uncertainty and risks relating to the continuing LIBOR transition and its effects on the Funds and the instruments in which the Funds invest. There can be no assurance that the composition or characteristics of any alternative reference rates (“ARRs”) or financial instruments in which the Funds invest that utilize ARRs will be similar to or produce the same value or economic equivalence as LIBOR or that these instruments will have the same volume or liquidity. Additionally, there remains uncertainty and risks relating to certain “legacy” USD LIBOR instruments that were issued or entered into before December 31, 2021 and the process by which a replacement interest rate will be identified and implemented into these instruments when USD LIBOR is ultimately discontinued. On December 16, 2022, the Federal Reserve Board adopted regulations implementing the Adjustable Interest Rate Act. The regulations provide a statutory fallback mechanism to replace LIBOR, by identifying benchmark rates based on the Secured Overnight Financing Rate (“SOFR”) that replaced LIBOR in certain financial contracts after June 30, 2023. These regulations apply only to contracts governed by U.S. law, among other limitations. The Funds may have instruments linked to other interbank offered rates that may also cease to be published in the future. The effects of such uncertainty and risks in “legacy” USD LIBOR instruments held by the Funds could result in losses to the Funds.

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

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 BBH and BNY Mellon 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 the Funds’ 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.

204

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

8. LOANS OF PORTFOLIO SECURITIES (continued)

Securities pledged as collateral for repurchase agreements held in the Global X Lithium & Battery Tech ETF, Global X SuperDividend^®ETF, Global X Social Media ETF, Global X Guru^®Index ETF, Global X SuperDividend^®U.S. ETF, Global X MSCI SuperDividend^®Emerging Markets ETF, Global X Renewable Energy Producers ETF, and Global X E-commerce ETF, are held by BNY Mellon 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 the Funds’ 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 the other party to a repurchase agreement defaults on its obligations and the Fund is prevented from exercising its 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 Statement 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.

The following is a summary of securities lending agreements held by the Funds, with cash collateral of overnight maturities and non-cash collateral, which would be subject to offset as of April 30, 2024.

205

Notes to Financial Statements (Continued)

April 30, 2024 (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
Global X Lithium & Battery Tech ETF	$	96,214,633	$	96,214,633	$	—	$	—
Global X SuperDividend^®ETF		35,558,121		29,941,878		5,616,243		—
Global X Social Media ETF		1,427,310		1,427,310		—		—
Global X Guru^® Index ETF		580,894		580,894		—		—
Global X SuperIncome^™ Preferred ETF		8,785,171		8,785,171		—		—
Global X SuperDividend^® U.S. ETF		10,170,192		10,170,192		—		—
Global X Renewable Energy Producers ETF		2,172,911		2,001,561		171,350		—
Global X E-commerce ETF		2,477,820		2,371,885		105,935		—

(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.

The value of loaned securities and related collateral outstanding at April 30, 2024 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, 2024, 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	$	83,900,651		$—		$—		$—		$83,900,651
Total	$	83,900,651		$—		$—		$—		$83,900,651
Global X SuperDividend^® ETF
Repurchase Agreements	$	32,683,224		$—		$—		$—		$32,683,224
U.S. Government Securities $		—		$—		$—		$5,616,243		$5,616,243
Total	$	32,683,224		$—		$—		$5,616,243		$38,299,467
Global X Social Media ETF
Repurchase Agreements	$	1,521,256		$—		$—		$—		$1,521,256
Total	$	1,521,256		$—		$—		$—		$1,521,256

206

Notes to Financial Statements (Continued)

April 30, 2024 (Unaudited)

8. LOANS OF PORTFOLIO SECURITIES (continued)

	Overnight and Continuous		<30 Days		Between 30 & 90 Days		>90 Days		Total
Global X Guru^® Index ETF
Repurchase Agreements	$	515,800		$—		$—		$—		$515,800
Total	$	515,800		$—		$—		$—		$515,800
Global X SuperIncome^™ Preferred ETF
Repurchase Agreements	$	7,655,486		$—		$—		$—		$7,655,486
Total	$	7,655,486		$—		$—		$—		$7,655,486
Global X SuperDividend^® U.S. ETF
Repurchase Agreements	$	10,774,744		$—		$—		$—		$10,774,744
Total	$	10,774,744		$—		$—		$—		$10,774,744
Global X Renewable Energy Producers ETF
Repurchase Agreements	$	2,142,060		$—		$—		$—		$2,142,060
U.S. Government Securities	$	—		$—		$—		$171,350		$171,350
Total	$	2,142,060		$—		$—		$171,350		$2,313,410
Global X E-commerce ETF
Repurchase Agreements	$	2,514,190		$—		$—		$—		$2,514,190
U.S. Government Securities		—		—		—		105,935		105,935
Total	$	2,514,190		$—		$—		$105,935		$2,620,125

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 capital share activity presented on the Statement 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 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.

207

Notes to Financial Statements (Concluded)

April 30, 2024 (Unaudited)

10. CONTRACTUAL OBLIGATION (continued)

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 and the Trust’s officers are indemnified against certain liabilities that may arise out of the performance of their duties.

11. SUBSEQUENT EVENTS

The Funds have been evaluated by management regarding the need for additional disclosures and/or adjustments resulting from subsequent events.

In preparing these financial statements, management has evaluated there is no need for additional disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued.

Based on this evaluation, no additional adjustments were required to the financial statements.

208

Disclosure of Fund Expenses (Unaudited)

ETFs (such as the Funds) have operating expenses. As a shareholder of an ETF, your investment is affected by these ongoing costs, which include (among others) costs for ETF management, administrative services, brokerage fees, and shareholder reports like this one. It is important for you to understand the impact of these costs on your investment returns. In addition, a shareholder is responsible for brokerage fees as a result of the shareholder’s investment in a Fund.

Operating expenses such as these are deducted from a Fund’s gross income and directly reduce your final investment returns. These expenses are expressed as a percentage of the Fund’s average net assets; this percentage is known as the Fund’s expense ratio.

The following examples use the expense ratio and are intended to help you understand the ongoing costs (in dollars) of investing in a Fund and to compare these costs with those of other funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period from (November 1, 2023 through April 30, 2024).

The table on the next page illustrates the Funds’ costs in two ways:

Actual Fund Return. This section helps you to estimate the actual expenses that your Fund incurred over the period. The “Expenses Paid During Period” column shows the actual dollar expense cost incurred by a $1,000 investment in the Fund, and the “Ending Account Value” number is derived from deducting that expense cost from the Fund’s gross investment return.

You can use this information, together with the actual amount you invested in a Fund, to estimate the expenses you paid over that period. Simply divide your actual account value by $1,000 to arrive at a ratio (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply that ratio by the number shown for your Fund under “Expenses Paid During Period.”

Hypothetical 5% Return. This section helps you compare your Fund’s costs with those of other funds. It assumes that the Fund had an annual 5% return before expenses during the year, but that the expense ratio (Column 3) for the period is unchanged. This example is useful in making comparisons because the Securities and Exchange Commission requires all funds to make this 5% calculation. You can assess your Fund’s comparative cost by comparing the hypothetical result for your Fund in the “Expenses Paid During Period” column with those that appear in the same charts in the shareholder reports for other funds.

NOTE: Because the return is set at 5% for comparison purposes — NOT your Fund’s actual return — the account values shown may not apply to your specific investment.

209

Disclosure of Fund Expenses (Unaudited) (Continued)

	Beginning Account Value 11/1/2023		Ending Account Value 4/30/2024		Annualized Expense Ratios			Expenses Paid During Period⁽¹⁾
Global X Lithium & Battery Tech ETF
Actual Fund Return		$1,000.00		$940.50		0.75	%		$3.62
Hypothetical 5% Return		1,000.00		1,021.13		0.75			3.77

Global X SuperDividend^®ETF
Actual Fund Return		$1,000.00		$1,125.70		0.58	%		$3.07
Hypothetical 5% Return		1,000.00		1,021.98		0.58			2.92

Global X Social Media ETF
Actual Fund Return		$1,000.00		$1,175.10		0.65	%		$3.52
Hypothetical 5% Return		1,000.00		1,021.63		0.65			3.27

Global X Guru^®Index ETF
Actual Fund Return		$1,000.00		$1,209.50		0.75	%		$4.12
Hypothetical 5% Return		1,000.00		1,021.13		0.75			3.77

Global X SuperIncome^™Preferred ETF
Actual Fund Return		$1,000.00		$1,133.80		0.48	%		$2.55
Hypothetical 5% Return		1,000.00		1,022.48		0.48			2.41

Global X SuperDividend^®U.S. ETF
Actual Fund Return		$1,000.00		$1,135.10		0.46	%		$2.44
Hypothetical 5% Return		1,000.00		1,022.58		0.46			2.31

Global X MSCI SuperDividend^®Emerging Markets ETF
Actual Fund Return		$1,000.00		$1,187.40		0.66	%		$3.59
Hypothetical 5% Return		1,000.00		1,021.58		0.66			3.32

Global X SuperDividend^®REIT ETF
Actual Fund Return		$1,000.00		$1,084.40		0.59	%		$3.06
Hypothetical 5% Return		1,000.00		1,021.93		0.59			2.97

Global X Renewable Energy Producers ETF
Actual Fund Return		$1,000.00		$1,037.50		0.65	%		$3.29
Hypothetical 5% Return		1,000.00		1,021.63		0.65			3.27

Global X S&P 500^®Catholic Values ETF
Actual Fund Return		$1,000.00		$1,203.70		0.29	%		$1.59
Hypothetical 5% Return		1,000.00		1,023.42		0.29			1.46

210

Disclosure of Fund Expenses (Unaudited) (Concluded)

	Beginning Account Value 11/1/2023		Ending Account Value 4/30/2024		Annualized Expense Ratios			Expenses Paid During Period⁽¹⁾
Global X MSCI SuperDividend^®EAFE ETF
Actual Fund Return		$1,000.00		$1,167.90		0.56	%		$3.02
Hypothetical 5% Return		1,000.00		1,022.08		0.56			2.82

Global X E-commerce ETF
Actual Fund Return		$1,000.00		$1,070.90		0.50	%		$2.57
Hypothetical 5% Return		1,000.00		1,022.38		0.50			2.51

Global X S&P Catholic Values Developed ex-U.S. ETF
Actual Fund Return		$1,000.00		$1,191.10		0.35	%		$1.91
Hypothetical 5% Return		1,000.00		1,023.12		0.35			1.76

Global X NASDAQ 100^®Tail Risk ETF
Actual Fund Return		$1,000.00		$1,184.50		0.25	%		$1.36
Hypothetical 5% Return		1,000.00		1,023.62		0.25			1.26

Global X NASDAQ 100^®Collar 95-110 ETF
Actual Fund Return		$1,000.00		$1,171.60		0.25	%		$1.35
Hypothetical 5% Return		1,000.00		1,023.62		0.25			1.26

Global X S&P 500^®Tail Risk ETF
Actual Fund Return		$1,000.00		$1,189.10		0.25	%		$1.36
Hypothetical 5% Return		1,000.00		1,023.62		0.25			1.26

Global X S&P 500^®Collar 95-110 ETF
Actual Fund Return		$1,000.00		$1,170.20		0.25	%		$1.35
Hypothetical 5% Return		1,000.00		1,023.62		0.25			1.26

Global X Disruptive Materials ETF
Actual Fund Return		$1,000.00		$1,149.00		0.59	%		$3.15
Hypothetical 5% Return		1,000.00		1,021.93		0.59			2.97

(1)

Expenses are equal to the Fund’s annualized expense ratio multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period).

211

Renewal of Investment Advisory Agreement (Unaudited)

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 of the Trust held on November 16, 2023, called 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 Semi-Annual Report (each, a “Renewal Fund” and together, the “Renewal Funds”); and (ii) the Supervision and Administration Agreement (“Renewal Supervision and Administration Agreement”), each 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 November 16, 2023 Board meeting, 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 received and reviewed written responses from Global X Management, as well as supporting materials relating to those requests for information. Subsequent to the receipt of that information, the Independent Trustees requested additional information regarding certain changes in senior management of Global X Management, which was provided to them in advance of the Board meeting.

At the November 16, 2023 Board meeting, the Board approved the Renewal Agreements, for the period ending February 29, 2024, in order to ensure continuity of management of the Renewal Funds. However, the Independent Trustees also determined to postpone a vote on the renewal of the Renewal Agreements for a full annual period in order to provide the Independent Trustees with the opportunity to further consider certain changes in Global X Management’s senior leadership, which occurred approximately contemporaneously with the Board’s consideration of the Renewal Agreements, and in order to permit Global X Management to confirm certain information provided in advance of the November 16, 2023 Board meeting. Global X Management subsequently provided additional information to the Board in advance of a second meeting called for the purpose of considering the extension of the Renewal Agreements for a full year. At a Board meeting of the Trust held on December 21, 2023, the Trust’s Board, which was comprised entirely of Independent Trustees, unanimously approved the continuation of the Renewal Agreements for an aggregate one-year period ending November 30, 2024.

In the course of their consideration of the Renewal Agreements, the Trust’s Independent Trustees were advised by their independent legal counsel and, in addition to meetings

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Renewal of Investment Advisory Agreement (Unaudited) (Continued)

with management of Global X Management, the Independent Trustees met separately in executive sessions with their counsel.

RENEWAL AGREEMENTS

In determining to approve the continuation of the Renewal Agreements for the Renewal Funds, the Board considered a variety of factors, including the factors discussed in greater detail below.

Nature, Extent and Quality of Services

•	the terms of the Renewal Agreements and the range of services that would continue 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. In considering the key personnel, the Board considered the departures of certain key executives of Global X Management and their replacements, and the plan for identifying a permanent replacement for Global X Management’s chief executive officer;

•	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;

•	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; 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. In evaluating key personnel, the Board considered the qualifications of Global X Management’s chief operating officer and interim chief executive officer, and considered Global X Management’s plans for hiring a permanent chief executive

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Renewal of Investment Advisory Agreement (Unaudited) (Continued)

officer.

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-year, three-year, five-year and since inception periods, as applicable. Also, the Board considered the total return and investments 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 under-performance and overperformance with respect to the competitor funds. The Board also considered the Renewal Funds’ tracking against their underlying indexes in absolute terms, and in the case of passively managed ETFs, considered their tracking against their underlying indexes.

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).

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, as applicable, profitability 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

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Renewal of Investment Advisory Agreement (Unaudited) (Continued)

of the services provided, was reasonable and in the best interests of the Renewal Funds’ shareholders.

Comparison of Fees and 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 Board considered the Global X Management’s detailed explanation of the fee structures of any Renewal Fund that was above the average or median for its peer group;

•	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 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 Fees for the Renewal Funds were set at a competitive levels 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 the Renewal Funds 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 that the services received and the fees charged under the Renewal Agreements were reasonable on a comparative basis.

Economies of Scale

With respect to this factor, the Board considered:

•	the extent to which economies of scale would be realized as the Renewal Funds grow and whether the unitary Management Fee for the Renewal Funds reflected these economies of scale;

•	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 order

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Renewal of Investment Advisory Agreement (Unaudited) (Concluded)

	to seek to assure that the Renewal Funds are attractive to investors; 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 and concluded that, in the exercise of the Board’s business judgement, all information the Board considered supported approval of the continuation of the Renewal Agreements.

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.

216

Supplemental Information (unaudited)

NAV is the price per Share at which the Funds issue and redeem Shares. It is calculated in accordance with the standard formula for valuing mutual fund shares. The “Market Price” of a Fund generally is determined using the midpoint between the highest bid and the lowest offer on the stock exchange on which the Shares of the Fund are listed for trading, as of the time that the Fund’s NAV is calculated. A Fund’s Market Price may be at, above or below its NAV. The NAV of a Fund will fluctuate with changes in the market value of the Fund’s holdings. The Market Price of a Fund will fluctuate in accordance with changes in its NAV, as well as market supply and demand.

Premiums or discounts are the differences (expressed as a percentage) between the NAV and Market Price of a Fund on a given day, generally at the time NAV is calculated. A premium is the amount that a Fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that a Fund is trading below the reported NAV, expressed as a percentage of the NAV.

Further information regarding premiums and discounts is available on the Funds’ website at www.globalxetfs.com.

217

Notes

218

Notes

219

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-003-1300

(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. Investments.

Schedule of Investments is included as part of the report to shareholders filed under Item 1 of this form.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end management investment companies.

Item 10. 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 11. Controls and Procedures.

(a) The certifying officers, whose certifications are included herewith, have evaluated the registrant’s disclosure controls and procedures 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 significant changes in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable to open-end management investment companies.

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 Investment Company Act of 1940, as amended (17 CFR § 270.30a-2(a)), are filed herewith.

(b) Officer certifications as required by Rule 30a-2(b) under the Investment Company Act of 1940, as amended (17 CFR § 270.30a-2(b)) 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 8, 2024

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 8, 2024

By (Signature and Title)	/s/ Eric Olsen
	Eric Olsen Principal Financial Officer

Date: July 8, 2024