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 Small Modular Reactor ETF (ticker SMRZ).

SMRZ (“the Fund”) seeks to provide targeted exposure to the companies designing, building, and fueling small modular reactors (SMRs), compact nuclear reactors that are built in factories, transported to pre-selected sites, and assembled individually or in clusters.

“The nuclear renaissance isn’t coming. It’s here,” said Pedro Palandrani, Head of Product Research & Development at Global X. “This year, the U.S.’s Nuclear Regulatory Commission approved construction of the first commercial small modular reactor in the U.S. AI is a big part of the demand story, but it isn’t the whole story. The grid needs reliable, around-the-clock power that’s built at home, and we believe SMRs could be one of the few technologies capable of delivering it at scale.”

The International Energy Agency (IEA) expects investment in nuclear energy to increase globally. Its most modest scenario envisions investment increasing from $65 billion to $70 billion annually while global nuclear capacity rises by more than 50% to nearly 650 gigawatts (GW) by 2050.[iii]

In its centrist estimate, IEA sees investment hitting $120 billion in 2030 and nuclear capacity more than doubling by mid-century.] Stronger government support in the centrist model could deliver more than 1,000 SMRs by 2050 with total capacity of 120 GW. This would result in SMR investment jumping from $5 billion today to more than $25 billion in 2030, amounting to cumulative investment of $670 billion by 2050.[iv]

While large traditional reactors will likely attract the majority of nuclear investment, the IEA states that SMRs are poised for rapid growth. SMRs, which are expected to coexist with traditional reactors, offer lower upfront costs, faster deployment, and greater scalability than traditional nuclear power plants. Traditional plants have been challenging to finance due to their scale, capital intensity, long construction lead times, and technical complexity.

“SMRs sound new, but the engineering isn’t,” Palandrani noted. “The U.S. Navy has run small reactors since the USS Nautilus in 1954.[v] What’s changed are the policies, the capital, and the demand, which are now aligned.”

SMRZ and three other recently launched ETFs each seek to provide investors with targeted exposure to specialized segments of the technology supply chain via a single, transparent ETF. The other funds are Global X Asia Semiconductor ETF (ACHP); Global X LLM ETF (LLMA); and Global X MLCC & Electronic Components ETF (MLCC).

As an actively managed fund, SMRZ is designed to deliver concentrated exposure to approximately 15 companies across global developed markets and select emerging markets. To be included, a company generally must either (i) derive at least 50% of its total revenue from designing, developing, building, or servicing SMRs, or the fuel and service agreements tied directly to those reactors, or (ii) qualify as a development-stage company. Please see the fund prospectus for a description of a development-stage company.

New Fund Details

Fund Name and Ticker

Gross Expense Ratio

CUSIP / ISIN

Global X Small Modular Reactor ETF (SMRZ)

0.75%

37966B711 / US37966B7111
 

Top 10 Fund Holdings*

Company Name

Weighting (%)

NuScale Power Corp.

19.04

X-Energy Inc.

18.85

Oklo Inc.

15.48

Nano Nuclear Energy Inc.

13.53

Terrestrial Energy Inc.

7.84

GE Vernova Inc.

7.05

Deep Fission Inc.

6.88

Kepco Engineering & Construction Inc.

3.39

BWX Technologies Inc.

3.26

Standard Nuclear Inc.

2.52

*Information is as of close of business on October 14, 2026.

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

About Global X

Over nearly two decades, Global X has built a reputation as a boutique asset manager whose mission is empowering investors with unexplored and intelligent investment solutions. Long known for its thematic funds, Global X now offers 119 ETFs with a range of strategies, including equity income, commodities, international, and core. With $93.9 billion in assets under management as of September 30, 2026, the firm aims to harness disruption by targeting emerging technologies and changing consumer preferences. Explore Global X’s products, research, insights, and more at www.globalxetfs.com.

As part of Mirae Asset Financial Group (“Mirae Asset”), a global leader in financial services, we combine specialist ETF focus with global scale. Global X is a member of Mirae Asset Financial Group (Mirae Asset), a global leader in financial services, with $801 billion in assets under management worldwide as of May 31, 2026. 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; Currency Risk; Custody Risk; Cybersecurity Risk; Foreign Securities Risk; Risk of Investing in Developed Markets; International Closed Market Trading Risk; Investable Universe of Companies Risk; Issuer Risk; New Fund Risk; Newly Listed Company Risk; Non-Diversification Risk; Outbound Investment Restrictions 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.

SMRZ, LLMA, MLCC are also subject to Active Management Risk; Derivatives Risk; U.S. Treasury Obligations Risk; Cash Transaction Risk; Counterparty Risk; Liquidity Risk; Swap Agreements Risk; Tax Risk; and Turnover Risk.

SMRZ is also subject to Associated Risks Related to Investing in Small Modular Reactor Companies; Mid-Capitalization Companies Risk; Small-Capitalization Companies Risk; Risks Related to Investing in the Electrical Equipment Industry; Risks Related to Investing in the Industrials Sector; Risks Related to Investing in the Utilities Sector; China Exposure Risk; and Risk of Investing in Emerging Markets, Hong Kong, Taiwan, and the United States.

ACHP is also subject to Affiliated Index Provider Risk; China A-Shares Risk; Stock Connect Risk; Associated Risks Related to Investing in Semiconductor Companies; Large-Capitalization Companies Risk; Risks Related to Investing in the Information Technology Sector; Risks Related to Investing in the Semiconductors and Semiconductor Equipment Industry; China Exposure Risk; Risk of Investing in China, Emerging Markets, South Korea and Taiwan; and Indexing Strategy Risk including Index-Related Risk, Management Risk, and Tracking Error Risk.

LLMA is also subject to China A-Shares Risk; Stock Connect Risk; ETF Investment Risk; Associated Risks Related to Investing in LLM Companies; Large-Capitalization Companies Risk; Mid-Capitalization Companies Risk; 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 ETF Investment Risk; Associated Risks Related to Investing in MLCC & Electronic Components Companies; Large-Capitalization Companies Risk; Mid-Capitalization Companies Risk; 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.

The companies in which the Funds invest may be subject to rapid changes in technology, intense competition, 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. Narrowly focused investments may be subject to higher volatility.

The U.S. Department of the Treasury’s Outbound Investment Security Program and related laws such as the COINS Act restrict or require notification (or will when fully implemented) of certain U.S. person investments in entities linked to countries of concern (including China, Hong Kong and Macau) that are engaged in specified activities involving semiconductors, quantum information technologies, certain artificial intelligence systems, 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 the Funds’ 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 the Funds’ performance, value or liquidity.

ACHP and 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, once exceeded, may cause buy orders to be rejected, and the risk that securities may 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 investments or returns.

Investments in securities of Chinese issuers may subject SMRZ, ACHP and 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 than companies in more developed countries, so information about them may be less reliable or complete, and shareholders may have limited legal remedies. Investments may be subject to loss due to expropriation or restrictions on foreign investment and repatriation of capital.

Newly listed companies may 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.

There can be no guarantee that active management strategies and processes will be successful.

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 October 13, 2026, unless otherwise noted.

[i] U.S. Nuclear Regulatory Commission, September 29, 2026.

[ii] The Path to a New Era for Nuclear Energy, International Energy Agency, January 16, 2025.

[iii] Ibid.

[iv] Ibid.

[v] Naval History and Heritage Command, July 9, 2025.

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