Global X Thematic Model Portfolio
A systematic approach to allocating across structural investment themes.
A disciplined framework for thematic allocation
The Global X Thematic Model Portfolio is a hypothetical model portfolio that demonstrates a systematic allocation process across the Global X thematic ETF range. The portfolio is not an investable product, does not involve actual capital, and all performance shown is simulated. Holdings, weights, portfolio changes and performance are published on this page and updated at each rebalance.
Thematic ETFs provide targeted exposure to structural growth areas including artificial intelligence, semiconductors, defence technology and infrastructure. Allocating across these themes introduces a distinct set of decisions: which exposures to hold, how to size them, and when to adjust as market leadership rotates. The Thematic Model Portfolio illustrates a disciplined, rules-based framework for making these decisions.
Theme selection
Three independent models score and rank the eligible thematic ETF universe.
Risk-aware sizing
Inverse volatility weighting adjusts position sizes according to recent market risk.
Governance review
Global X Investment Committee oversight validates each rebalance before publication.
Machine learning expertise, paired with Global X thematic oversight
The portfolio is developed in partnership with WealthSpot LLC, a New York-based firm specialising in the application of machine learning to portfolio construction. WealthSpot provides the selection model that scores and ranks the ETF universe. Global X provides the thematic ETF universe and oversees the portfolio through its Investment Committee, which reviews and validates each rebalance prior to publication.
WealthSpot
Selection model, scoring and ranking
Global X
ETF universe, governance and publication
Three stages, applied consistently at every rebalance
The portfolio is constructed through a three-stage process applied consistently at each rebalance.
Scoring
WealthSpot’s three independent models each score the constituent universe from a different angle, using market data, company fundamentals and analyst earnings estimates. These scores are blended equally into a single composite score, which is then used to rank each of the Global X thematic ETFs in the portfolio.
Selection
The highest-scoring ETFs are selected for inclusion, up to six holdings. This maintains concentration in the strongest-scoring themes while limiting dependence on any individual exposure.
Weighting
Selected ETFs are weighted using an inverse volatility methodology. Exposures with lower recent volatility receive proportionally larger weights, and exposures with higher recent volatility receive smaller weights.
The same methodology governs every rebalance, applied monthly and effective the 3rd business day after month-end. Portfolio changes are published on this page at each update, accompanied by commentary on the composition of the portfolio and the drivers of any changes.
Current portfolio
View the latest holdings, weights and simulated performance, updated at each rebalance.
ETF ticker | ETF name | 31 Aug 2026 weight | 30 Sept 2026 weight | Weight diff (%p) |
|---|---|---|---|---|
Global X Morningstar Global Technology ETF | – | 21.72% | – | |
Global X FANG+ ETF | – | 21.04% | – | |
Global X Artificial Intelligence ETF | – | 18.70% | – | |
Global X Artificial Intelligence Infrastructure ETF | – | 15.15% | – | |
Global X Copper Miners ETF | – | 11.73% | – | |
Global X Semiconductor ETF | – | 11.66% | – |
Performance
Hypothetical results derived from simulation, not actual trading. Returns are calculated on index levels reduced by the applicable ETF expense ratio. Net of a 0.2% one-way transaction cost assumption. Past performance is not a reliable indicator of future performance.
When interpreting the performance of this portfolio you should take into consideration the limitations inherent in model portfolio performance.
This portfolio was launched on 5 October 2026. Returns prior to this period are simulated.
Investment Committee
Each model rebalance is reviewed and validated By the GlobalX Investment Committee before publication.
Billy Leung
Senior Investment Strategist
Chris Wolak
Head of Portfolio Management
David Croft
Technology & AI LeadFrequently asked questions
This communication does not consider your personal circumstances or needs. Investors should obtain independent financial advice, consider whether Global X products are appropriate for them, and read the product disclosure statement (PDS) and target market determination (TMD) before making investment decisions. The model portfolio is not an investible financial product.
Issued by Global X Management (AUS) Limited (‘Global X’) (AFSL 466778, ACN 150 433 828). This is not personal advice. All PDSs and TMDs are available on our website: www.globalxetfs.com.au. Investment in any products issued by Global X is subject to risks, including possible delays in repayment and loss of income and principal invested. Past performance is not a reliable indicator of future performance. This content may not be reproduced, distributed or published by any recipient for any purpose. Global X nor any of its affiliates make any warranty as to the accuracy of any data used or displayed in this communication or to the performance of
any product. Holdings and weights are subject to change without notice. Simulated and back-tested figures are hypothetical, not actual trading.