Global X Adaptive U.S. Risk Management ETF
$40.27−0.09 (−0.23%)
- 0.39%
- $140M
- +7.7%
- 1.22%
- 5.82K sh
- low $35.68high $42.11
The ETF.net ONOF Grade
Score 75 out of 100
- 3 of 20
Score 75 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A95 out of 100Rank 2 of 20Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 8 of 20Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 8 of 20Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A76 out of 100Rank 3 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 12 of 20
Our read on ONOF
In short
AThe ticker says it out loud: ONOF is an on/off switch. Four technical indicators decide whether it owns a broad basket of U.S. stocks or sits in short-term Treasuries. Rules, not hunches.
Stated mandate
ONOF seeks to track the Adaptive Wealth Strategies U.S. Risk Management Index before fees and expenses. Its four technical indicators shift the Fund between U.S. equities and defensive short-term Treasuries.
Why people hold it
Worth knowing
ONOF Holdings
- Stocks
- 504
- 38%
- NVDA
Sectors
- Technology40.2%
- Financials10.9%
- Communication10.1%
- Health Care9.4%
- Consumer Discretionary8.9%
- Industrials7.8%
- Consumer Staples4.2%
- Energy3.5%
- Utilities1.9%
- Materials1.7%
- Real Estate1.5%
Geography
- United States99.29%
- Switzerland0.29%
- Brazil0.12%
- China0.10%
- United Kingdom0.10%
- Mexico0.05%
- Ireland0.04%
- Finland0.01%
ONOF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ONOF |
|---|---|
| Year to date | +7.7% |
| 1 month | −1.2% |
| 3 months | +1.3% |
| 1 year | +7.7% |
| 3 years | +14.4% |
| 5 years | +7.4% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ONOF |
|---|---|---|
| 2026 YTD | +7.7% | |
| 2025 | +8.9% | |
| 2024 | +19.4% | |
| 2023 | +11.5% | |
| 2022 | −11.9% | |
| 2021 | +25.2% |
ONOF in the news
ONOF Dividends
- 1.22%
- $0.49
- $0.16 per share
- Twice a year
Distribution history
$10,000 in ONOF 5 years ago paid $670 in dividends.
ONOF Risk
- 12.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.82
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.96
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
ONOF Cost
Overpaying vs WAMA, cheapest in Trend-Following / Tactical Index
$1,161
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
ONOF 0.39%
$7,898
WAMA 0.33% Cheapest
$6,737
Cost over time
Year by year
| Year | ONOF | WAMA | Overpaying |
|---|---|---|---|
| 10 | $705 | $598 | $107 |
| 20 | $2,725 | $2,318 | $407 |
| 30 | $7,898 | $6,737 | $1,161 |
Other funds in Trend-Following / Tactical Index
- AWAMAWisdomTree US Adaptive Moving Average FundExpense ratio 0.33%1 year return
- APTLCPacer Trendpilot US Large Cap ETFExpense ratio 0.60%1 year return +6.4%
- APTMCPacer Trendpilot US Mid Cap ETFExpense ratio 0.60%1 year return +13.7%
- BWIMAWisdomTree International Adaptive Moving Average FundExpense ratio 0.42%1 year return
- BQQWZPacer Cash COWZ 100-Nasdaq 100 Rotator ETFExpense ratio 0.49%1 year return −0.3%
