Global X Artificial Intelligence ETF (GXAI) Review & Analysis

MER · #334 of 514AUM · Top 50%1Y Return · Top 10%
What's new this monthData to 30 September 2026
  • +4.3% in September (total return), ahead of the median international shares ETF at +0.0%.
  • Investors added a net $1.7m (0.6% of the fund).
  • The unit price closed the month at $17.14, 11% below its 12-month high (range $12.47 to $19.28).

About GXAI

GXAI is an international shares ETF from Global X, listed on the ASX since April 2024. With $284m under management it is number 88 of 254 international shares ETFs by size. The management fee is 0.57% a year, about $57 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Its largest holdings are Palantir Technologies Inc, Microsoft Corp and Tesla Inc, and the top 10 make up 33% of the fund. By sector it leans towards information technology (73%) and communication services (12%). United States is the biggest country exposure at 71%.

Over the past year it returned +24.8%, against +10.4% for the median international shares ETF. With its focus on ai & robotics, technology, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

GXAI distributions and dividend dates

The latest distribution was $0.8046 per unit (0% franked), ex-distribution on 2 July 2026 and paid on 16 July 2026. To receive it you need to own GXAI before the ex-date.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare GXAICheck overlapGlobal X website ↗

Compare GXAI with

GXAIvsVGS
Vanguard MSCI Index International Shares ETF
Fee0.57%0.18%
1 year+24.8%+10.1%
5 yrs p.a.–+11.8%
Size$284m$18.7bn
Same holdings33%Some overlap
Full comparison →
GXAIvsIVV
iShares S&P 500 ETF
Fee0.57%0.04%
1 year+24.8%+10.1%
5 yrs p.a.–+13.4%
Size$284m$14.9bn
Same holdings31%Some overlap
Full comparison →
GXAIvsNDQ
Betashares Nasdaq 100 ETF
Fee0.57%0.48%
1 year+24.8%+16.6%
5 yrs p.a.–+15.3%
Size$284m$9.5bn
Same holdings43%Some overlap
Full comparison →
GXAIvsQUAL
VanEck MSCI International Quality ETF
Fee0.57%0.40%
1 year+24.8%+10.1%
5 yrs p.a.–+11.4%
Size$284m$9.2bn
Same holdings23%Some overlap
Full comparison →

GXAI price by TradingView

Stock CodeGXAI
Fund ManagerGlobal X
Asset ClassInternational shares
AUM$284m
MER (%)0.57%
Net flows (Sep)+$1.7m
Last Price$17.14
52-Week Range$12.47 – $19.28
Bid/Ask Spread0.12%
Listing Date10/04/2024
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteGlobal X ↗

Performance (% return)

0%8%17%25%1M4.3%1Y24.8%3Yn/a5Yn/a
1 month+4.3%
1 year+24.8%
3 years p.a.–
5 years p.a.–

$10,000 invested…

1 year ago$12,479

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

GXAI at a glance: strengths and things to watch

👍 Strengths

  • Nothing stands out against its category.

⚠️ Things to watch

  • Short track record. Listed in April 2024, so it hasn't been tested through a full market cycle.

Worked out from GXAI's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 21 Oct 2026

GXAI is in a base. Here's why that matters.

GXAI's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 daysHow base and trend works →See every ETF's stage →Visit etfadviser.com.au →
Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

GXAI weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

AI & roboticsTechnology

Portfolio Breakdown

Top 10 holdings (33.0% of the fund)

SymbolCompany% assets
PLTR4.43%
MSFT3.86%
TSLA3.51%
SPCX3.38%
ORCL3.23%
AAPL3.02%
AMD2.92%
AMZN2.90%
TSM2.89%
META2.86%

Sector breakdown

  • Information Technology72.9%
  • Communication Services12.4%
  • Consumer Discretionary8.6%
  • Industrials5.1%
  • Health Care0.7%
  • Utilities0.4%

Country breakdown

  • United States71.0%
  • Hong Kong5.1%
  • South Korea5.1%
  • Germany4.9%
  • Taiwan4.5%
  • Canada2.3%
  • Japan1.6%
  • IE1.5%
  • Other3.9%

Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 88 positions, covering 100% of the fund. Compare GXAI's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
U100Global X US 100 ETF
49%
0.18%$107m+12.8%+25.6%–
QYLDGlobal X Nasdaq 100 Covered Call ETF Covered call
45%
0.60%$30m+13.7%+10.5%–
NDQBetashares Nasdaq 100 ETF
43%
0.48%$9.5bn+16.6%+23.8%+15.3%
HNDQBetashares Nasdaq 100 Currency Hedged ETF Currency hedged
43%
0.51%$961m+22.3%+25.3%+13.1%
ITEKiShares Nasdaq Top 30 ETF
43%
0.55%$11m+20.0%+16.2%–
VESGVanguard Ethically Conscious International Shares Index ETF
36%
0.18%$1.6bn+12.4%+19.5%+11.7%

Same holdings is the share of GXAI's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like GXAI →

GXAI vs its closest alternatives

What actually differs between GXAI and the ETFs most like it. Data to 30 Sep 2026.

U100 Global X US 100 ETF

  • They share 49% of their holdings: some overlap.
  • U100 is cheaper (0.18% vs 0.57%), worth about $26,394 on $100,000 over 20 years.
  • Over 1 year: GXAI +24.8%, U100 +12.8% (GXAI ahead by 12.0 percentage points).
  • GXAI is about 3 times larger ($284m vs $107m), which usually means tighter trading spreads.

Compare GXAI and U100 side by side →

QYLD Global X Nasdaq 100 Covered Call ETF

  • They share 45% of their holdings: some overlap.
  • GXAI is cheaper (0.57% vs 0.60%), worth about $1,955 on $100,000 over 20 years.
  • Over 1 year: GXAI +24.8%, QYLD +13.7% (GXAI ahead by 11.1 percentage points).
  • GXAI is about 10 times larger ($284m vs $30m), which usually means tighter trading spreads.
  • Different structure: GXAI is a standard fund, QYLD is a covered call fund.

Compare GXAI and QYLD side by side →

NDQ Betashares Nasdaq 100 ETF

  • They share 43% of their holdings: some overlap.
  • NDQ is cheaper (0.48% vs 0.57%), worth about $5,929 on $100,000 over 20 years.
  • Over 1 year: GXAI +24.8%, NDQ +16.6% (GXAI ahead by 8.2 percentage points).
  • NDQ is much larger ($9.5bn vs $284m), which usually means tighter trading spreads.

Compare GXAI and NDQ side by side →

General information only. Past performance is not a reliable indicator of future performance.

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GXAI FAQs

What is the fee for GXAI?

GXAI charges a management fee (MER) of 0.57% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is GXAI?

GXAI had $284m in funds under management as at 30 September 2026.

How has GXAI performed?

GXAI returned +24.8% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages GXAI?

GXAI is managed by Global X and has been listed since April 2024.

Is GXAI franked?

Generally no. GXAI invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does GXAI hold?

GXAI's largest holdings are Palantir Technologies Inc (4.4%), Microsoft Corp (3.9%), Tesla Inc (3.5%), Space Exploration Technologies Corp (3.4%), Oracle Corp (3.2%). It holds about 88 investments in total. The biggest sector is information technology at 73%. Holdings as at 30 October 2026.

Is GXAI currency hedged?

No, GXAI is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Global X product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.