ONOF Fees and Costs — Global X Adaptive U.S. Risk Management ETF
Data updated: 2026-07-29
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $105K in broker commissions, 0.0802% of average net assets, and portfolio turnover was 365%.
ONOF Fees and Expenses
Annual operating expenses and sales charges of ONOF. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ONOF Costs Over Time
On $10,000 invested in ONOF, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.39%) | $41 | $128 | $224 |
| Trading costs (broker commissions) | $8 | $26 | $46 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $163 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
ONOF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0802%
- Total broker commissions: $105K
- Bought from dealers (principal trades, not a cost): $462.6M
- Portfolio turnover (prospectus): 365%
- Securities on loan, average value: $29K
- Net income from securities lending: $226 (0.000% of average net assets)
ONOF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL | $48K | 45.87% |
| CITIGROUP | $31K | 29.82% |
| JEFFERIES LLC | $25K | 23.57% |
| BAIRD, ROBERT W., & CO., INCORPORATED | $472 | 0.45% |
| JP MORGAN | $176 | 0.17% |
| MIZUHO SECURITIES USA INC | $123 | 0.12% |
ONOF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $225.7M | 48.79% |
| WELLS FARGO | $86.7M | 18.74% |
| BANK OF AMERICA | $55.2M | 11.93% |
| STONEX GROUP INC | $35.1M | 7.59% |
| UBS SECURITIES LLC | $29.8M | 6.43% |
| MORGAN STANLEY & CO, INC | $20.1M | 4.34% |
| TD SECURITIES (USA) INC. | $10.1M | 2.18% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.