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DIV

Global X SuperDividend US ETF

segment: Equity: U.S. - High Dividend Yield Competing ETFs: VYM, DVY, SDY, SCHD, HDV Related ETF Channels: U.S., Smart-Beta ETFs, Multi-factor, Dividend, High Dividend Yield, North America, Equity, Broad-based Find more ETFs with our ETF Screener and Database

*Unless otherwise stated, data provided by FactSet.

B 34

DIV FUND DESCRIPTION

DIV tracks an equally weighted index of 50 high-dividend, low-volatility securities.

DIV FACTSET ANALYTICS INSIGHT

DIV combines a low-volatility strategy with a high-dividend-yield mandate. The fund's index pulls from the entire US equity space, and screens for firms with large, consistent dividends and low volatility to Indxx's market benchmark. The equally weighted, 50-firm portfolio includes MLPs and REITs, two pass-through structures with unique tax implications. This gives DIV pumped-up exposure to financials and energy, while the low-volatility strategy helps explain the outsized exposure to utilities. The resulting portfolio definitely finds a lot of yield relative to our benchmark, making DIV an interesting, albeit fairly concentrated, option for the space. Liquidity is adequate, with decent volumes and manageable spreads. Decent underlying liquidity and low creation costs should help larger investors move blocks without excessive cost. However, DIV is marred by its poor tracking, which causes it to lag its index by markedly more than its already significant expense ratio.

DIV MSCI ESG ANALYTICS INSIGHT

Global X SuperDividend US ETF has an MSCI ESG Fund Rating of BB based on a score of 2.94 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund's Peer Rank reflects the ranking of a fund's MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X SuperDividend US ETF ranks in the 7th percentile within its peer group and in the 1st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DIV SUMMARY DATA

Issuer

Mirae Asset Global Investments

Brand

Global X

Inception Date

03/11/13

Legal Structure

Open-Ended Fund

Expense Ratio

0.45%

Assets Under Management

$504.68M

Average Daily $ Volume

$2.75M

Average Spread (%)

0.10%

DIV PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings

$27.98B

30.85 1.61

7.66% 08/05/19

51

DIV INDEX DATA

Index Tracked INDXX SuperDividend U.S. Low Volatility Index

Index Weighting Methodology

Equal

Index Selection Methodology

Multi-Factor

Segment Benchmark MSCI USA IMI High Yield Dividend Index

1 Year

Sep

Oct

Nov

Dec

`19

Feb

Mar

Apr

May

Jun

Jul

Daily Price ($) 26.00 25.00 24.00 23.00 22.00

Aug

Volume 2 000k

PERFORMANCE [as of 08/13/19]

DIV

DIV (NAV)

INDXX SuperDividend U.S. Low Volatility Index

MSCI USA IMI High Yield Dividend Index

1 MONTH

-1.19% -35.06% -0.88%

-2.81%

3 MONTHS

-1.32% -34.32% 0.36%

2.44%

YTD

4.47% -31.30% 5.24%

11.03%

1 YEAR

-3.70% -36.64% -2.78%

3.64%

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DIV TOP 10 COUNTRIES

United States

100.00%

3 YEARS

2.32% -11.06% 3.28%

9.27%

5 YEARS

1.70% -6.58% 2.51%

8.91%

10 YEARS

----

12.75%

DIV TOP 10 SECTORS DIV TOP 10 HOLDINGS

Financials Energy Consumer Non-Cyclicals Consumer Cyclicals Utilities

27.45% 19.11% 14.53% 14.24%

9.08%

Industrials Telecommunications Serv... Basic Materials

7.30% 4.56% 3.74%

Pattern Energy Group, Inc... Compass Diversified Hold... Southern Company General Mills, Inc. AT&T Inc.

2.77% 2.54% 2.52% 2.51% 2.44%

PennyMac Mortgage Inve...

2.43%

Chimera Investment Corp...

2.40%

AmeriGas Partners, L.P.

2.32%

Apollo Commercial Real E...

2.32%

Ship Finance Internationa...

2.32%

Total Top 10 Weighting 24.57%

DIV PORTFOLIO MANAGEMENT Expense Ratio

Median Tracking Difference (12 Mo)

Max. Upside Deviation (12 Mo)

Max. Downside Deviation (12 Mo)

0.45% -0.59% -0.47% -33.90%

DIV TAX EXPOSURES Max LT/ST Capital Gains Rate

Capital Gains Distributions (3 Year)

Tax on Distributions

Distributes K1

20.00% / 39.60% --

Qualified dividends No

DIV FUND STRUCTURE Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty ETN Counterparty Risk Fund Closure Risk Portfolio Disclosure

Open-Ended Fund No Yes

100% / 0%

N/A N/A Low Daily

Daily Spread Premium/Discount

0.6% 0.5% 0.4% 0.3% 0.2% 0.1%

0%

DIV FACTSET ANALYTICS BLOCK LIQUIDITY

As of 08/14/19

5

This measurement shows how easy it is

4

to trade a $1 million USD block of DIV. DIV is rated a 4 out of 5.

3

2

1

0.4% 0.2% 0.0%

DIV TRADABILITY

Avg. Daily Share Volume

Average Daily $ Volume

121,196 $2.75M

-0.2%

Median Daily Share Volume

106,843

Volume

-0.4%

1 250k 1 000k

750k 500k 250k

Median Daily Volume ($)

Average Spread (%)

Average Spread ($)

Sep

Nov

Dec

Feb

Apr

Jun

Aug

Median Premium / Discount (12 Mo)

Max. Premium / Discount (12 Mo)

$2.42M

0.10% $0.02 0.06%

0.27% / -0.20%

Impediment to Creations

None

Market Hours Overlap

100.00%

Creation Unit Size (Shares)

50,000

Creation Unit/Day (45 Day Average)

2.14

Creation Unit Cost (%)

0.04%

Underlying Volume / Unit

0.41%

Open Interest on ETF

--

Options

Net Asset Value (Yesterday)

$22.43

Implied

4

Liquidity

DIV SECTOR/INDUSTRY BREAKDOWN DIV

Segment Benchmark

Financials

27.45%

18.05%

Energy

19.11%

5.35%

Consumer NonCyclicals

14.53%

15.65%

Consumer Cyclicals

14.24%

9.10%

Utilities

9.08%

8.42%

Industrials

7.30%

8.91%

Telecommunications Services

4.56%

5.25%

Basic Materials

3.74%

2.55%

DIV COUNTRIES

United States DIV REGIONS

North America DIV ECONOMIC DEVELOPMENT

Developed Countries

DIV TOP 10 HOLDINGS

Pattern Energy Group, Inc. Class A

Compass Diversified Holdings

2.77% 2.54%

Southern Company General Mills, Inc. AT&T Inc. PennyMac Mortgage Investment Trust Chimera Investment Corporation AmeriGas Partners, L.P.

2.52% 2.51% 2.44% 2.43% 2.40% 2.32%

Apollo Commercial Real Estate Finance, Inc. 2.32%

Ship Finance International Limited

2.32%

Total Top 10 Weighting

24.57%

DIV 100.00%

DIV 100.00%

DIV 100.00%

Segment Benchmark 100.00%

Segment Benchmark 100.00%

Segment Benchmark 100.00%

DIV PERFORMANCE STATISTICS Goodness of Fit (R2)

0.02

Beta

0.61

Up Beta

1.30

Down Beta

0.93

Downside Standard Deviation

3.61%

Segment Benchmark MSCI USA IMI High Yield Dividend Index

DIV MSCI ESG RATINGS MSCI ESG Rating

MSCI ESG Quality Score

Peer Group Percentile Rank

Global Percentile Rank

SRI Screening Criteria Exposure

Exposure to Sustainable Impact Solutions

Weighted Average Carbon Intensity (t CO2e/$M Sales)

BB 2.94 / 10

1.42 7.43 14.32% 6.30%

465.97

DIV BENCHMARK COMPARISON HOLDINGS

DIV Number of

51

Holdings

Benchmark

397

Constituents

Shared Holdings

18

Shared Holdings Weight

11.02%

DIV BENCHMARK COMPARISON SUMMARY

Segment DIV Benchmark

Number of Holdings

51

397

Weighted Average Market Cap

$27.98B $147.38B

Price / Earnings Ratio

30.85

17.30

Price / Book Ratio

1.61

2.88

Dividend Yield

8.91%

3.18%

Concentration

Medium

Low

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