Global X FundsTactical AllocationONOF · NYSE Arca

Global X Adaptive U.S. Risk Management ETF (ONOF)

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Price: $40.81; —11 Sept 2026
Assets: $141.7M; Total net assets
Expense ratio: 0.39%; Category 1.59%
Yield: 1.20%; Trailing distributions

1Y return: 13.4%+3.6%; Category 9.8%
3Y CAGR: 12.3%+2.4%; Category 9.9%
5Y CAGR: 8.3%+2.2%; Category 6.0%

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Global X Adaptive U.S. Risk Management ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.1%	+3.3%	+12.5%	+8.9%	+13.4%	+12.3%	+8.3%	—	+10.3%
Tactical Allocation average	-0.2%	2.0%	7.1%	6.9%	9.8%	9.9%	6.0%	—	9.0%
Difference	-0.9%	+1.3%	+5.5%	+2.1%	+3.6%	+2.4%	+2.2%	—	+1.3%

Holdings

The 10 largest positions make up 36.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
NVDA	NVIDIA Corp	7.61%
AAPL	Apple Inc	6.71%
MSFT	Microsoft Corp	5.49%
AMZN	Amazon.com Inc	3.69%
GOOGL	Alphabet Inc Class A	2.94%
AVGO	Broadcom Inc	2.55%
GOOG	Alphabet Inc Class C	2.52%
META	Meta Platforms Inc Class A	1.86%
TSLA	Tesla Inc	1.66%
BKLC	BNY Mellon US Large Cap Core Equity ETF	1.63%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 25.0
P/B: 5.4
P/S: 3.8
P/CF: 19.2

Sector allocation

Share of the equity the fund holds.

Technology38.5%
Financial services11.7%
Communication services9.6%
Health care9.5%
Consumer discretionary9.4%
Industrials8.0%
Consumer staples4.3%
Energy3.6%
Utilities2.0%
Materials1.8%
Real estate1.6%

Asset mix

Stocks99.9%
Cash0.1%

ETF details

Issuer: Global X Funds
Category: Asset Allocation · Tactical Allocation
Ticker: ONOF
Exchange: NYSE Arca
Inception: 12 Jan 2021 (5.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.39% (category 1.59%)
Holdings turnover: 365% (category 258%)
Distribution yield: 1.20%
Beta, 3 years: 0.95
Total net assets: $141.7M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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