ONOF ETF — Holdings & Analysis

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an equity ETF with $0.14 billion in assets under management. ONOF seeks to track the Adaptive Wealth Strategies U.S. Risk Management Index.

With an expense ratio of 0.39%, ONOF aims to provide investment results that correspond generally to the price and yield performance of its benchmark, offering a risk-managed approach to U.S. equity exposure. Past performance does not guarantee future results.

Global X - Adaptive U.S. Risk Management ETF (ONOF) ETF — Price, Holdings & Analysis

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an equity ETF with $0.14 billion in assets under management. ONOF seeks to track the Adaptive Wealth Strategies U.S. Risk Management Index. With an expense ratio of 0.39%, ONOF aims to provide investment results that correspond generally to the price and yield performance of its benchmark, offering a risk-managed approach to U.S. equity exposure. Past performance does not guarantee future results.

ETF Overview

S. Risk Management ETF (ONOF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Risk Management Index.

The Global X Adaptive U.S. Risk Management ETF (ONOF) aims to track the Adaptive Wealth Strategies U.S. Risk Management Index, providing investors with exposure to U.S. equities while employing a risk management strategy. The fund's holdings consist of 505 stocks, with a significant allocation to technology companies (32.9%). Its top holdings include well-known names such as NVIDIA Corp (7.00%), Apple Inc (6.43%), and Microsoft Corp (4.88%). The fund also has notable allocations to Financial Services (11.9%), Communication Services (11.1%), and Consumer Cyclical (10.2%) sectors. ONOF's investment approach seeks to adjust its exposure based on market conditions, potentially reducing risk during periods of volatility. This ETF may appeal to investors seeking U.S. equity exposure with a built-in risk management component. Past performance does not guarantee future results.

Risk Metrics

ONOF presents several risk considerations for investors. The fund exhibits concentration risk, with its top 10 holdings accounting for a significant portion of its assets. Notably, NVIDIA Corp alone constitutes 7.00% of the portfolio. Sector risk is also present, given the substantial allocation to the Technology sector (32.9%). With a 3-year beta of 0.96, ONOF's volatility is slightly lower than the overall market. The fund's expense ratio of 0.39% will create a drag on returns over time, which should be factored into investment decisions. Investors should carefully consider their risk tolerance and investment objectives before investing in ONOF. Past performance does not guarantee future results.

Expense Ratio

0.39%

What does ONOF hold?

Holding	Weight
NVIDIA Corp (NVDA)	7.00%
Apple Inc (AAPL)	6.43%
Microsoft Corp (MSFT)	4.88%
Amazon.com Inc (AMZN)	3.38%
Alphabet Inc Class A (GOOGL)	3.07%
Alphabet Inc Class C (GOOG)	2.65%
Broadcom Inc (AVGO)	2.51%
Meta Platforms Inc Class A (META)	2.37%
Tesla Inc (TSLA)	1.97%
Eli Lilly and Co (LLY)	1.51%

How Is the Fund Allocated?

Sector	Weight
Technology	32.9%
Financial Services	11.9%
Communication Services	11.1%
Consumer Cyclical	10.2%
Healthcare	9.9%
Industrials	8.8%
Consumer Defensive	5.3%
Energy	3.5%
Utilities	2.4%
Basic Materials	2.0%
Real Estate	1.8%

Country	Weight
United States	96.8%
Other	0.1%
United Kingdom	0.6%
Finland	0.0%
Bermuda	0.1%
Australia	0.0%
Ireland	1.5%
Canada	0.0%
Korea (the Republic of)	0.0%
Switzerland	0.4%

Dividend Yield

1.38%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Global X China Innovation ETF (KEJI) (Equity) — 0.75% expense ratio
Global X - MSCI Colombia ETF (GXG) (Equity) — 0.62% expense ratio
Global X - Genomics & Biotechnology ETF (GNOM) (Equity) — 0.50% expense ratio
Global X Funds - Global X Nasdaq 100 ESG Covered Call ETF (QYLE) (Equity) — 0.61% expense ratio
Global X - MSCI SuperDividend EAFE ETF (EFAS) (Equity) — 0.55% expense ratio
Global X - S&P 500 Quality Dividend Covered Call ETF (QDCC) (Equity) — 0.35% expense ratio

Risk Metrics

Beta: 0.96

Questions & Answers

What is ONOF and what does it track?

The Global X Adaptive U.S. Risk Management ETF (ONOF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Risk Management Index.

This index is designed to provide exposure to the U.S. equity market while incorporating a risk management component.

What is the expense ratio for ONOF?

The expense ratio for the Global X Adaptive U.S. Risk Management ETF (ONOF) is 0.39%. This means that for every $10,000 invested in the fund, $39 is deducted annually to cover operating expenses.

While not the lowest in the equity ETF category, it is a reasonable expense for a fund employing a dynamic risk management strategy.

What are the top holdings in ONOF?

As of 2026-03-15, the top holdings in the Global X Adaptive U.S. Risk Management ETF (ONOF) are: NVIDIA Corp (7.00%), Apple Inc (6.43%), and Microsoft Corp (4.88%). These holdings represent a significant portion of the fund's total assets.

The fund also holds Amazon.com Inc (3.38%) and Alphabet Inc Class A (3.07%).

Is ONOF a good long-term investment?

Whether ONOF is a suitable long-term investment depends on an individual investor's specific financial goals, risk tolerance, and investment horizon. ONOF offers exposure to the U.S.

equity market with a risk management component, which may be attractive to investors seeking to mitigate downside risk. The fund's expense ratio of 0.39% should be considered in the context of its potential returns.

How does ONOF compare to similar ETFs?

ONOF differentiates itself through its adaptive risk management strategy, which aims to adjust exposure based on market conditions. Compared to broad market equity ETFs, ONOF may exhibit lower volatility due to its risk management approach.

In terms of expense ratio, ONOF's 0.39% is competitive with other actively managed or smart beta ETFs.

Does ONOF pay dividends?

Yes, the Global X Adaptive U.S. Risk Management ETF (ONOF) does pay dividends. As of 2026-03-15, ONOF has a dividend yield of 1.38%.

This means that for every $100 invested in the fund, investors can expect to receive $1.38 in dividend payments annually. The dividend yield may fluctuate over time depending on the fund's holdings and market conditions.