---
ticker: "ONOF"
name: "Global X - Adaptive U.S. Risk Management ETF"
url: "https://etf.net/etf/ONOF"
grade: "B"
score: 66
graded_at: "2026-10-12"
category: "Trend-Following / Tactical Index"
category_rank: "6 of 20"
methodology: "https://etf.net/methodology"
---

# ONOF: Global X - Adaptive U.S. Risk Management ETF

Grade **B**, Score 66 of 100. Rank 6 of 20 in Trend-Following / Tactical Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 74 | 6 of 20 |
| Mission | Not scored | — |
| Risk | 63 | 7 of 20 |
| Tradability | 52 | 10 of 20 |
| Holdings | 76 | 3 of 20 |
| Durability | 56 | 12 of 20 |

## Top holdings

The fund holds 504 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 7.76% |
| 2 | AAPL | Apple Inc | 6.99% |
| 3 | MSFT | Microsoft Corp | 5.69% |
| 4 | AMZN | Amazon.com Inc | 3.67% |
| 5 | GOOGL | Alphabet Inc-Cl A | 2.99% |
| 6 | GOOG | Alphabet Inc-Cl C | 2.57% |
| 7 | AVGO | Broadcom Inc | 2.46% |
| 8 | META | Meta Platforms Inc | 2.29% |
| 9 | BKLC | Bny Mellon Us Lrg Cap Cor | 1.71% |
| 10 | TSLA | Tesla Inc | 1.70% |
| 11 | MU | Micron Technology Inc | 1.69% |
| 12 | LLY | Eli Lilly & Co | 1.44% |
| 13 | AMD | Advanced Micro Devices | 1.43% |
| 14 | JPM | JPMorgan Chase & Co | 1.30% |
| 15 | BRK.B | Berkshire Hathaway Inc-Cl B | 1.05% |
| 16 | XOM | Exxonmobil Holdings Corp | 1.02% |
| 17 | V | Visa Inc-Class A Shares | 0.93% |
| 18 | JNJ | Johnson & Johnson | 0.92% |
| 19 | ABBV | AbbVie Inc | 0.71% |
| 20 | WMT | Walmart Inc | 0.70% |
| 21 | CSCO | Cisco Systems Inc | 0.68% |
| 22 | MA | Mastercard Inc - A | 0.67% |
| 23 | INTC | Intel Corp | 0.65% |
| 24 | PLTR | Palantir Technologies Inc-A | 0.65% |
| 25 | COST | Costco Wholesale Corp | 0.61% |
| 26 | AMAT | Applied Materials Inc | 0.59% |
| 27 | LRCX | Lam Research Corp | 0.58% |
| 28 | CVX | Chevron Corp | 0.57% |
| 29 | CAT | Caterpillar Inc | 0.53% |
| 30 | MRK | Merck & Co. Inc. | 0.52% |

Source: etf.net, https://etf.net/etf/ONOF. Please cite the page URL.