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Global X Launches New ETF Focusing on Large Language Models

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The Fund seeks to include high conviction and leading LLM developers

Global X Management Company LLC (“Global X”), the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X LLM ETF (ticker LLMA).

LLMA (“the Fund”) seeks to provide targeted exposure to the companies building and deploying large language models (LLMs), as well as those developing products and services based on those models.

“Historically, we’ve been known for our thematic ETFs – funds targeting broad areas of the economy, such as defense or commodity production, that can provide exposure to dozens of companies,” said Global X CEO Ryan O’Connor. “But when it comes to emerging technologies, the universe of publicly-traded companies tends to be much smaller. That’s why we’ve developed an approach that seeks to harness developing opportunities.”

Global X first deployed this focused portfolio management approach in connection with the Global X MLCC & Electronic Components ETF (ticker MLCC), which launched in September. It seeks to invest in the manufacturers of multi-layer ceramic capacitors – key building blocks of modern electronic devices, including artificial intelligence (AI) servers, electric vehicles, smartphones, and other items – and related components.

While LLMA and MLCC seek to offer investors differentiated exposure to critical elements of the AI ecosystem, the $10.46 billion Artificial Intelligence & Technology ETF (ticker AIQ) is Global X’s premier fund that aims to invest in the AI ecosystem more broadly.[i] AIQ is a diffuse strategy that aims to invest in companies that could benefit from the further development and utilization of AI technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.

Today’s launch of LLMA was spurred by Global X’s view of the near ubiquity of LLMs, which Global X believes are driving virtually every AI application from search and productivity tools to customer service and creative platforms.

"Our intention is to offer investors access to widely acknowledged, publicly-traded leaders in the LLM space, including models being developed globally. The fund also seeks to add newly-listed leaders so the portfolio is better positioned to reflect the companies Global X believes are shaping the evolution of AI," said Pedro Palandrani, Head of Product Research & Development at Global X. "Ultimately, we aim to provide access to these LLM technologies rather than diffused exposure across the broader AI value chain."

The Fund is actively managed and seeks to capture innovation across key global AI markets where Global X sees a new generation of open-source models gaining traction amid a broader push for localization and AI self-sufficiency.

LLMA seeks to achieve capital appreciation. The Fund expects to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in large language model companies and/or derivative instruments that provide economic exposure to large language model companies.

New Fund Details

Fund Name and Ticker

 

Gross Expense Ratio

 

CUSIP / ISIN

 

Global X LLM ETF (LLMA)

 

0.75%

 

37966B745 / US37966B7459

Top 10 Fund Holdings*

Company Name

Weighting (%)

Meta Platforms Inc.

20.35

Space Exploration Technologies Corp.

17.41

Alphabet Inc.

15.64

MiniMax Group Inc.

11.48

Alibaba Group Holding Ltd.

11.40

Z.AI Co. Ltd.

9.65

Nvidia Corp.

5.42

Microsoft Corp.

3.65

Amazon.com Inc.

2.36

Tencent Holdings Ltd.

1.22

*Information is as of close of business on September 30, 2026.

Holdings are subject to change. References to securities are not a recommendation to buy or sell.

About Global X

Global X was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and more than $94 billion in assets under management.[ii] While we are distinguished for our thematic, income, and international ETFs, we also offer core and other funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

Global X is a member of Mirae Asset Financial Group (Mirae Asset), a global leader in financial services, with $1 trillion in assets under management worldwide.[iii] Mirae Asset has an extensive global ETF platform ranging across the U.S., Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam.

Important Information

Investing involves risk, including the possible loss of principal. The Funds are subject to certain principal risks, including Market Risk; Depositary Receipts Risk; Equity Securities Risk; Large-Capitalization Companies Risk; Currency Risk; Custody Risk; Cybersecurity Risk; Foreign Securities Risk; Risk of Investing in Developed Markets; International Closed Market Trading Risk; Issuer Risk; Operational Risk; Risks associated with Exchange-Traded Funds, including Authorized Participants Concentration Risk, Large Shareholder Risk, Listing Standards Risk, Market Trading Risks and Premium/Discount Risks; Trading Halt Risk; and Valuation Risk.

LLMA and MLCC are subject to Active Management Risk; Derivatives Risk; ETF Investment Risk; U.S. Treasury Obligations Risk; Mid-Capitalization Companies Risk; Cash Transaction Risk; Counterparty Risk; Investable Universe of Companies Risk; Liquidity Risk; New Fund Risk; Newly Listed Company Risk; Non-Diversification Risk; Outbound Investment Restrictions Risk; Swap Agreements Risk; Tax Risk; and Turnover Risk.

LLMA is also subject to China A-Shares Risk; Stock Connect Risk; Associated Risks Related to Investing in LLM Companies; Risks Related to Investing in the Interactive Media and Services Industry; Risks Related to Investing in the Software Industry; and Risk of Investing in China, Hong Kong and the United States.

MLCC is also subject to Associated Risks Related to Investing in MLCC & Electronic Components Companies; Small-Capitalization Companies Risk; Risks Related to Investing in the Electronic Equipment, Instruments and Components Industry; Risk of Investing in Emerging Markets, Japan, South Korea, and Taiwan; and Securities Lending Risk.

AIQ is also subject to Associated Risks Related to Investing in Artificial Intelligence & Big Data Companies; Risks Related to Investing in the Information Technology Sector; Risks Related to Investing in the Semiconductors and Semiconductor Equipment Industry; Risk of Investing in Emerging Markets and the United States; Indexing Strategy Risk including Index-Related Risk, Management Risk and Tracking Error Risk; and Securities Lending Risk.

The companies in which each of LLMA, MLCC, and AIQ invests may be subject to rapid changes in technology, technical challenges, intense competition and pricing volatility, supply chain disruption, rapid obsolescence of products and services, and changes in business cycles and government regulation.

International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

There can be no guarantee that LLMA or MLCC’s active management strategies and processes will be successful.

LLMA’s A-Share investments via the Stock Connect Programs are subject to trading, clearance and settlement procedures that are relatively untested in mainland China, daily purchase quotas that may cause buy orders to be rejected, and the risk that securities lose Stock Connect eligibility. Stock Connect is subject to further interpretation, and there is no assurance that it will continue or that changes in laws, regulations, policies or tax rules will not adversely affect LLMA’s investments or returns.

Investments in Chinese securities may subject LLMA to legal, regulatory, political, currency, security, and economic risks specific to China, including economic, political and social instability; pervasive government control of, and intervention in, companies and industries; and trade tensions, tariffs, sanctions, cyber-related disputes and other geopolitical conflicts. Chinese companies, including those listed on U.S. exchanges, are subject to less stringent regulatory, accounting and auditor oversight requirements, so information about them may be less reliable or complete, and shareholders may have limited legal remedies. Investments may be lost through expropriation or restrictions on foreign investment and repatriation of capital.

U.S. investment restrictions programs prohibit U.S. persons from investing in entities linked to countries of concern (including China, Hong Kong and Macau) that are engaged in specified activities involving semiconductors, quantum technologies, artificial intelligence, high-performance computing and hypersonic systems. Some transactions, including certain transactions in publicly traded securities and certain derivatives, are excepted, subject to conditions. These rules are evolving and may expand to cover additional sectors, countries or transactions or narrow or eliminate existing exemptions, which could limit LLMA’s ability to invest in certain companies, require divestment of existing holdings or notification to the U.S. Treasury, increase diligence and reporting costs, and adversely affect LLMA’s performance, value or liquidity.

Newly listed companies typically have limited trading history and less publicly available information about their operations and performance. Their prices may be highly volatile or decline shortly after listing, and direct listing or IPO shares are subject to heightened market and liquidity risk and may involve high transaction costs.

Swap agreements are contracts between the Fund and a counterparty to exchange the return of an underlying investment and may involve greater risks than direct investment in securities. Many swaps trade over the counter and may be illiquid, so the Fund may be unable to close a swap position at an advantageous time or price, which may result in significant losses. Swaps are also subject to counterparty credit, correlation, valuation, liquidity and leverage risks.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the Funds’ investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Funds’ summary or full prospectuses, which may be obtained at https://www.globalxetfs.com. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.

Nothing contained herein constitutes investment, legal, tax, or other advice, nor is it to be relied on in making an investment or other decision. This material is for informational purposes only and is not a recommendation to buy or sell any security.

All information contained herein, including numerical data, is valid as of September 30, 2026, unless otherwise noted.

[i] Source: Global X ETFs, as of September 23, 2026.

[ii] Source: Global X ETFs, as of June 30, 2026.

[iii] Source: Mirae Asset, as of May 31, 2026.

 

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