Key stats
About Global X Adaptive U.S. Risk Management ETF
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Inception date
Jan 12, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ONOF is a passively-managed portfolio that provides exposure to 500 US large-cap equities during normal market conditions or switches to 1-3 year US Treasurys during adverse market conditions. The index is based on historical data from two short-term indicators: Moving Average Convergence Divergence (MACD) and the level of the CBOE Volatility Index (VIX), as well as two long-term indicators: 200-day Simple Moving Average (SMA) and market drawdown percentage. Each signal is given an equal weighting in determining the posture of the portfolio. The trigger threshold for each signal is based on a predetermined Z-score. If the portfolio is in equities, it takes three negative indicators to switch the exposure to Treasuries. Once in Treasuries, it takes two positive indicators to switch to equities, thus, creating a higher hurtle to get out of the market than it is to enter. Based on the strategy, turnover in the portfolio should be higher than a buy-and-hold approach.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.91%
Technology Services22.01%
Electronic Technology20.44%
Finance14.77%
Retail Trade8.17%
Health Technology7.82%
Consumer Non-Durables3.83%
Producer Manufacturing3.26%
Consumer Services3.00%
Utilities2.53%
Energy Minerals2.33%
Consumer Durables2.25%
Transportation1.97%
Health Services1.43%
Process Industries1.42%
Commercial Services1.13%
Industrial Services1.10%
Communications0.98%
Distribution Services0.73%
Non-Energy Minerals0.69%
Miscellaneous0.05%
Bonds, Cash & Other0.09%
Cash0.09%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ONOF top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.62% and 6.21% of the portfolio correspondingly.
ONOF last dividends amounted to 0.21 USD. Six months before that, the issuer paid 0.12 USD in dividends, which shows a 43.06% increase.
ONOF assets under management is 123.73 M USD. It's risen 9.88% over the last month.
ONOF fund flows account for 457.01 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ONOF pays dividends to its holders with the dividend yield of 1.01%. The last dividend (Jan 7, 2025) amounted to 0.21 USD. The dividends are paid semi-annually.
ONOF shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Jan 12, 2021, and its management style is Passive.
ONOF expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
ONOF follows the Adaptive Wealth Strategies U.S. Risk Management Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ONOF invests in stocks.
ONOF price has risen by 6.20% over the last month, and its yearly performance shows a −2.03% decrease. See more dynamics on ONOF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −10.40% decrease in three-month performance and has increased by 0.45% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −10.40% decrease in three-month performance and has increased by 0.45% in a year.
ONOF trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.