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    <link:label id="lab_ck0001432353_C000170217Member_documentation_en-US" xlink:label="lab_ck0001432353_C000170217Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Millennial Consumer ETF Class, C000170217 MILN</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000170217Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000170217Member"/>
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    <link:label id="lab_ck0001432353_SP500IndexUSDTRInceptionDated082418IndexMember_documentation_en-US" xlink:label="lab_ck0001432353_SP500IndexUSDTRInceptionDated082418IndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">S&amp;P 500&#174; Index (USD) (TR) (Inception Dated 08.24.18)</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_SP500IndexUSDTRInceptionDated082418IndexMember" xlink:to="lab_ck0001432353_SP500IndexUSDTRInceptionDated082418IndexMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ck0001432353_SP500IndexTRInceptionDated050416IndexMember_label_en-US" xlink:label="lab_ck0001432353_SP500IndexTRInceptionDated050416IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">S&amp;P 500&#174; Index (TR) (Inception Dated 05.04.16)</link:label>
    <link:label id="lab_ck0001432353_SP500IndexTRInceptionDated050416IndexMember_documentation_en-US" xlink:label="lab_ck0001432353_SP500IndexTRInceptionDated050416IndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">S&amp;P 500&#174; Index (TR) (Inception Dated 05.04.16)</link:label>
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    <link:label id="lab_ck0001432353_C000261992Member_documentation_en-US" xlink:label="lab_ck0001432353_C000261992Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Energy ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000261992Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000261992Member"/>
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    <link:label id="lab_ck0001432353_S000098010Member_label_en-US" xlink:label="lab_ck0001432353_S000098010Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Zero Coupon Bond 2033 ETF</link:label>
    <link:label id="lab_ck0001432353_S000098010Member_documentation_en-US" xlink:label="lab_ck0001432353_S000098010Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Zero Coupon Bond 2033 ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000098010Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000098010Member"/>
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    <link:label id="lab_ck0001432353_C000239891Member_label_en-US" xlink:label="lab_ck0001432353_C000239891Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets ex-China ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000239891Member_documentation_en-US" xlink:label="lab_ck0001432353_C000239891Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets ex-China ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000239891Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000239891Member"/>
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    <link:label id="lab_ck0001432353_S000065121Member_label_en-US" xlink:label="lab_ck0001432353_S000065121Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Cloud Computing ETF</link:label>
    <link:label id="lab_ck0001432353_S000065121Member_documentation_en-US" xlink:label="lab_ck0001432353_S000065121Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Cloud Computing ETF, S000065121</link:label>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Biotechnology Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheBiotechnologyIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_GovernmentDebtRiskMember_label_en-US" xlink:label="lab_ck0001432353_GovernmentDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Debt Risk Member</link:label>
    <link:label id="lab_ck0001432353_GovernmentDebtRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_GovernmentDebtRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Government Debt Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GovernmentDebtRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_GovernmentDebtRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_GovernmentDebtRiskMember" xlink:to="lab_ck0001432353_GovernmentDebtRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000170551Member_label_en-US" xlink:label="lab_ck0001432353_C000170551Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Conscious Companies ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000170551Member_documentation_en-US" xlink:label="lab_ck0001432353_C000170551Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Conscious Companies ETF, C000170551</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000170551Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000170551Member"/>
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    <link:label id="lab_ck0001432353_S000069709Member_documentation_en-US" xlink:label="lab_ck0001432353_S000069709Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Data Center &amp; Digital Infrastructure ETF, S000069709</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000069709Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000069709Member"/>
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    <link:label id="lab_ck0001432353_PotentialSubstantialAfterTaxTrackingErrorFromIndexPerformanceRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_PotentialSubstantialAfterTaxTrackingErrorFromIndexPerformanceRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Potential Substantial After-Tax Tracking Error From Index Performance Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_PotentialSubstantialAfterTaxTrackingErrorFromIndexPerformanceRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_PotentialSubstantialAfterTaxTrackingErrorFromIndexPerformanceRiskMember"/>
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    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_MSCIACWIIndexNRUSDInceptionDated040519IndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_MSCIACWIIndexNRUSDInceptionDated040519IndexMember"/>
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    <link:label id="lab_ck0001432353_C000263398Member_documentation_en-US" xlink:label="lab_ck0001432353_C000263398Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X U.S. 500 ETF Class</link:label>
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    <link:label id="lab_ck0001432353_S000071326Member_documentation_en-US" xlink:label="lab_ck0001432353_S000071326Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Clean Water ETF Series, S000071326</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000071326Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000071326Member"/>
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    <link:label id="lab_ck0001432353_C000264716Member_label_en-US" xlink:label="lab_ck0001432353_C000264716Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X U.S. Natural Gas ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000264716Member_documentation_en-US" xlink:label="lab_ck0001432353_C000264716Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X U.S. Natural Gas ETF Class</link:label>
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    <link:label id="lab_ck0001432353_ModelsAndDataRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_ModelsAndDataRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Models And Data Risk Member</link:label>
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    <link:label id="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Fixed Income Securities Risk - Event Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember" xlink:to="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskEventRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000171852Member_label_en-US" xlink:label="lab_ck0001432353_C000171852Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Internet of Things ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000171852Member_documentation_en-US" xlink:label="lab_ck0001432353_C000171852Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Internet of Things ETF, C000171852</link:label>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Water Utilities Industry Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Water Utilities Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheWaterUtilitiesIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember_label_en-US" xlink:label="lab_ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associated Risks Related To Investing In Autonomous &amp; Electric Vehicle Companies Member</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember" xlink:to="lab_ck0001432353_AssociatedRisksRelatedToInvestingInAutonomousElectricVehicleCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000214548Member_label_en-US" xlink:label="lab_ck0001432353_C000214548Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Dorsey Wright Thematic ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000214548Member_documentation_en-US" xlink:label="lab_ck0001432353_C000214548Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Thematic Growth ETF Class C000214548 GXTG</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000214548Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000214548Member"/>
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    <link:label id="lab_ck0001432353_C000261989Member_label_en-US" xlink:label="lab_ck0001432353_C000261989Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Communication Services ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000261989Member_documentation_en-US" xlink:label="lab_ck0001432353_C000261989Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Communication Services ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000261989Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000261989Member"/>
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    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssociatedRisksRelatedToInvestingInEnergyInfrastructureCompaniesMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_AssociatedRisksRelatedToInvestingInEnergyInfrastructureCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssociatedRisksRelatedToInvestingInEnergyInfrastructureCompaniesMember" xlink:to="lab_ck0001432353_AssociatedRisksRelatedToInvestingInEnergyInfrastructureCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000058429Member_label_en-US" xlink:label="lab_ck0001432353_S000058429Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X U.S. Preferred ETF Series</link:label>
    <link:label id="lab_ck0001432353_S000058429Member_documentation_en-US" xlink:label="lab_ck0001432353_S000058429Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X U.S. Preferred ETF S000058429</link:label>
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    <link:label id="lab_ck0001432353_AssetClassRiskPreferredStockInvestmentRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AssetClassRiskPreferredStockInvestmentRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Preferred Stock Investment Risk Member</link:label>
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    <link:label id="lab_ck0001432353_S000095265Member_label_en-US" xlink:label="lab_ck0001432353_S000095265Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X AI Semiconductor &amp; Quantum ETF</link:label>
    <link:label id="lab_ck0001432353_S000095265Member_documentation_en-US" xlink:label="lab_ck0001432353_S000095265Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X AI Semiconductor &amp; Quantum ETF</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_MarketRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_MarketRiskMember"/>
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    <link:label id="lab_ck0001432353_QuantitativeSignalsRiskMember_label_en-US" xlink:label="lab_ck0001432353_QuantitativeSignalsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Quantitative Signals Risk Member</link:label>
    <link:label id="lab_ck0001432353_QuantitativeSignalsRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_QuantitativeSignalsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Quantitative Signals Risk Member</link:label>
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    <link:label id="lab_ck0001432353_S000068631Member_label_en-US" xlink:label="lab_ck0001432353_S000068631Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Variable Rate Preferred ETF</link:label>
    <link:label id="lab_ck0001432353_S000068631Member_documentation_en-US" xlink:label="lab_ck0001432353_S000068631Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Variable Rate Preferred ETF, S000068631</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000068631Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000068631Member"/>
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    <link:label id="lab_ck0001432353_S000069640Member_label_en-US" xlink:label="lab_ck0001432353_S000069640Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X ClimateTech ETF</link:label>
    <link:label id="lab_ck0001432353_S000069640Member_documentation_en-US" xlink:label="lab_ck0001432353_S000069640Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X ClimateTech ETF, S000069640</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000069640Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000069640Member"/>
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    <link:label id="lab_ck0001432353_C000220776Member_documentation_en-US" xlink:label="lab_ck0001432353_C000220776Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Telemedicine &amp; Digital Health ETF Class C000220776 EDOC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000220776Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000220776Member"/>
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    <link:label id="lab_ck0001432353_C000243865Member_label_en-US" xlink:label="lab_ck0001432353_C000243865Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Defense Tech ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000243865Member_documentation_en-US" xlink:label="lab_ck0001432353_C000243865Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Defense Tech ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000243865Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000243865Member"/>
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    <link:label id="lab_ck0001432353_S000093597Member_label_en-US" xlink:label="lab_ck0001432353_S000093597Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Consumer Discretionary ETF</link:label>
    <link:label id="lab_ck0001432353_S000093597Member_documentation_en-US" xlink:label="lab_ck0001432353_S000093597Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Consumer Discretionary ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000093597Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000093597Member"/>
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    <link:label id="lab_ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember_label_en-US" xlink:label="lab_ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index (USD) (TR) (Inception Dated 09.09.24)</link:label>
    <link:label id="lab_ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember_documentation_en-US" xlink:label="lab_ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index (USD) (TR) (Inception Dated 09.09.24)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_BloombergUSAggregateBondIndexUSDTRInceptionDated090924IndexMember"/>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Industrials Sector Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Industrials Sector Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheIndustrialsSectorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_CreditRisk1Member_label_en-US" xlink:label="lab_ck0001432353_CreditRisk1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Risk1 Member</link:label>
    <link:label id="lab_ck0001432353_CreditRisk1Member_documentation_en-US" xlink:label="lab_ck0001432353_CreditRisk1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Risk1 Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_CreditRisk1Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_CreditRisk1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_CreditRisk1Member" xlink:to="lab_ck0001432353_CreditRisk1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000224228Member_label_en-US" xlink:label="lab_ck0001432353_C000224228Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Adaptive U.S. Risk Management ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000224228Member_documentation_en-US" xlink:label="lab_ck0001432353_C000224228Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Adaptive U.S. Risk Management ETF Class C000224228 ONOF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000224228Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000224228Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_C000224228Member" xlink:to="lab_ck0001432353_C000224228Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000066527Member_label_en-US" xlink:label="lab_ck0001432353_S000066527Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Dorsey Wright Thematic ETF</link:label>
    <link:label id="lab_ck0001432353_S000066527Member_documentation_en-US" xlink:label="lab_ck0001432353_S000066527Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Thematic Growth ETF, S000066527</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000066527Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000066527Member"/>
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    <link:label id="lab_ck0001432353_C000203266Member_label_en-US" xlink:label="lab_ck0001432353_C000203266Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Genomics &amp; Biotechnology ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000203266Member_documentation_en-US" xlink:label="lab_ck0001432353_C000203266Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Genomics &amp; Biotechnology ETF Class C000203266 GNOM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000203266Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000203266Member"/>
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    <link:label id="lab_ck0001432353_C000252059Member_label_en-US" xlink:label="lab_ck0001432353_C000252059Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Long-Term Treasury Ladder ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000252059Member_documentation_en-US" xlink:label="lab_ck0001432353_C000252059Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Long-Term Treasury Ladder ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000252059Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000252059Member"/>
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    <link:label id="lab_ck0001432353_IndxxU.S.InfrastructureDevelopmentIndexUSDTRIndexMember_documentation_en-US" xlink:label="lab_ck0001432353_IndxxU.S.InfrastructureDevelopmentIndexUSDTRIndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indxx U.S. Infrastructure Development Index (USD) (TR)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_IndxxU.S.InfrastructureDevelopmentIndexUSDTRIndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_IndxxU.S.InfrastructureDevelopmentIndexUSDTRIndexMember"/>
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    <link:label id="lab_ck0001432353_MSCIEmergingMarketsIndexNetUSDInceptionDated081623IndexMember_documentation_en-US" xlink:label="lab_ck0001432353_MSCIEmergingMarketsIndexNetUSDInceptionDated081623IndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">MSCI Emerging Markets Index (Net) (USD) (Inception Dated 08.16.23)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_MSCIEmergingMarketsIndexNetUSDInceptionDated081623IndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_MSCIEmergingMarketsIndexNetUSDInceptionDated081623IndexMember"/>
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    <link:label id="lab_ck0001432353_SolactiveMLPInfrastructureIndexTRUSDIndexMember_documentation_en-US" xlink:label="lab_ck0001432353_SolactiveMLPInfrastructureIndexTRUSDIndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Solactive MLP Infrastructure Index (TR) (USD)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_SolactiveMLPInfrastructureIndexTRUSDIndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_SolactiveMLPInfrastructureIndexTRUSDIndexMember"/>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Utilities Sector Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheUtilitiesSectorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000079059Member_label_en-US" xlink:label="lab_ck0001432353_S000079059Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets Great Consumer ETF</link:label>
    <link:label id="lab_ck0001432353_S000079059Member_documentation_en-US" xlink:label="lab_ck0001432353_S000079059Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets Great Consumer ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000079059Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000079059Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000079059Member" xlink:to="lab_ck0001432353_S000079059Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_ModelPortfolioRiskMember_label_en-US" xlink:label="lab_ck0001432353_ModelPortfolioRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Model Portfolio Risk Member</link:label>
    <link:label id="lab_ck0001432353_ModelPortfolioRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_ModelPortfolioRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Model Portfolio Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_ModelPortfolioRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_ModelPortfolioRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_ModelPortfolioRiskMember" xlink:to="lab_ck0001432353_ModelPortfolioRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheConsumerStaplesSectorMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheConsumerStaplesSectorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Consumer Staples Sector Member</link:label>
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    <link:label id="lab_ck0001432353_C000243154Member_documentation_en-US" xlink:label="lab_ck0001432353_C000243154Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X 1-3 Month T-Bill ETF Class</link:label>
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    <link:label id="lab_ck0001432353_C000243084Member_label_en-US" xlink:label="lab_ck0001432353_C000243084Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X U.S. Cash Flow Kings 100 ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000243084Member_documentation_en-US" xlink:label="lab_ck0001432353_C000243084Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X U.S. Cash Flow Kings 100 ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000243084Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000243084Member"/>
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    <link:label id="lab_ck0001432353_RisksRelatedToStockConnectProgramsMember_label_en-US" xlink:label="lab_ck0001432353_RisksRelatedToStockConnectProgramsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risks Related To Stock Connect Programs Member</link:label>
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    <link:label id="lab_ck0001432353_C000171851Member_documentation_en-US" xlink:label="lab_ck0001432353_C000171851Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X FinTech ETF, C000171851</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000171851Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000171851Member"/>
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    <link:label id="lab_ck0001432353_CapitalControlsAndSanctionsRiskMember_label_en-US" xlink:label="lab_ck0001432353_CapitalControlsAndSanctionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Controls And Sanctions Risk Member</link:label>
    <link:label id="lab_ck0001432353_CapitalControlsAndSanctionsRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_CapitalControlsAndSanctionsRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Controls And Sanctions Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_CapitalControlsAndSanctionsRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_CapitalControlsAndSanctionsRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_CapitalControlsAndSanctionsRiskMember" xlink:to="lab_ck0001432353_CapitalControlsAndSanctionsRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000226290Member_label_en-US" xlink:label="lab_ck0001432353_C000226290Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Clean Water ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000226290Member_documentation_en-US" xlink:label="lab_ck0001432353_C000226290Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Clean Water ETF Class, C000226290, AQWA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000226290Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000226290Member"/>
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    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Automobiles Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheAutomobilesIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000261988Member_label_en-US" xlink:label="lab_ck0001432353_C000261988Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Consumer Discretionary ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000261988Member_documentation_en-US" xlink:label="lab_ck0001432353_C000261988Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Consumer Discretionary ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000261988Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000261988Member"/>
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    <link:label id="lab_ck0001432353_C000222332Member_label_en-US" xlink:label="lab_ck0001432353_C000222332Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Data Center &amp; Digital Infrastructure ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000222332Member_documentation_en-US" xlink:label="lab_ck0001432353_C000222332Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Data Center &amp; Digital Infrastructure ETF Class C000222332 DTCR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000222332Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000222332Member"/>
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    <link:label id="lab_ck0001432353_C000201047Member_label_en-US" xlink:label="lab_ck0001432353_C000201047Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X S&amp;P 500 Quality Dividend ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000201047Member_documentation_en-US" xlink:label="lab_ck0001432353_C000201047Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X S&amp;P 500 Quality Dividend ETF Class C000201047 QDIV</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000201047Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000201047Member"/>
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    <link:label id="lab_ck0001432353_C000219547Member_documentation_en-US" xlink:label="lab_ck0001432353_C000219547Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Variable Rate Preferred ETF Class C000219547 PFFV</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000219547Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000219547Member"/>
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    <link:label id="lab_ck0001432353_C000102168Member_documentation_en-US" xlink:label="lab_ck0001432353_C000102168Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X MLP ETF, C000102168</link:label>
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    <link:label id="lab_ck0001432353_S000033201Member_documentation_en-US" xlink:label="lab_ck0001432353_S000033201Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X MLP ETF Series, S000033201</link:label>
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    <link:label id="lab_ck0001432353_S000093601Member_documentation_en-US" xlink:label="lab_ck0001432353_S000093601Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X PureCap MSCI Energy ETF</link:label>
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    <link:label id="lab_ck0001432353_C000156499Member_documentation_en-US" xlink:label="lab_ck0001432353_C000156499Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Alternative Income ETF, C000156499 ALTY</link:label>
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    <link:label id="lab_ck0001432353_S000086497Member_documentation_en-US" xlink:label="lab_ck0001432353_S000086497Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Long-Term Treasury Ladder ETF</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_OptimizationRiskMember" xlink:to="lab_ck0001432353_OptimizationRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000095934Member_label_en-US" xlink:label="lab_ck0001432353_S000095934Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X U.S. Natural Gas ETF</link:label>
    <link:label id="lab_ck0001432353_S000095934Member_documentation_en-US" xlink:label="lab_ck0001432353_S000095934Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X U.S. Natural Gas ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000095934Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000095934Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000095934Member" xlink:to="lab_ck0001432353_S000095934Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember_label_en-US" xlink:label="lab_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index (TR) (USD) (Inception Dated 07.05.22)</link:label>
    <link:label id="lab_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember_documentation_en-US" xlink:label="lab_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bloomberg U.S. Aggregate Bond Index (TR) (USD) (Inception Dated 07.05.22)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember" xlink:to="lab_ck0001432353_BloombergUSAggregateBondIndexUSDInceptionDated070522IndexMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_HedgingRiskMember_label_en-US" xlink:label="lab_ck0001432353_HedgingRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Risk Member</link:label>
    <link:label id="lab_ck0001432353_HedgingRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_HedgingRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedging Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_HedgingRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_HedgingRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_HedgingRiskMember" xlink:to="lab_ck0001432353_HedgingRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Financial Services Industry Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Financial Services Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheFinancialServicesIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000066713Member_label_en-US" xlink:label="lab_ck0001432353_S000066713Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Cybersecurity ETF</link:label>
    <link:label id="lab_ck0001432353_S000066713Member_documentation_en-US" xlink:label="lab_ck0001432353_S000066713Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Cybersecurity ETF, S000066713</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000066713Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000066713Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000066713Member" xlink:to="lab_ck0001432353_S000066713Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000210838Member_label_en-US" xlink:label="lab_ck0001432353_C000210838Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Cloud Computing ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000210838Member_documentation_en-US" xlink:label="lab_ck0001432353_C000210838Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Cloud Computing ETF Class C000210838 CLOU</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000210838Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000210838Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_C000210838Member" xlink:to="lab_ck0001432353_C000210838Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000070582Member_label_en-US" xlink:label="lab_ck0001432353_S000070582Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Adaptive U.S. Risk Management ETF</link:label>
    <link:label id="lab_ck0001432353_S000070582Member_documentation_en-US" xlink:label="lab_ck0001432353_S000070582Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Adaptive U.S. Risk Management ETF, S000070582</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000070582Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000070582Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000070582Member" xlink:to="lab_ck0001432353_S000070582Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000054691Member_label_en-US" xlink:label="lab_ck0001432353_S000054691Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X FinTech ETF Series</link:label>
    <link:label id="lab_ck0001432353_S000054691Member_documentation_en-US" xlink:label="lab_ck0001432353_S000054691Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X FinTech ETF, S000054691</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000054691Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000054691Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000054691Member" xlink:to="lab_ck0001432353_S000054691Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000239894Member_label_en-US" xlink:label="lab_ck0001432353_C000239894Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets Great Consumer ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000239894Member_documentation_en-US" xlink:label="lab_ck0001432353_C000239894Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Emerging Markets Great Consumer ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000239894Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000239894Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_C000239894Member" xlink:to="lab_ck0001432353_C000239894Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000214539Member_label_en-US" xlink:label="lab_ck0001432353_C000214539Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Video Games &amp; Esports ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000214539Member_documentation_en-US" xlink:label="lab_ck0001432353_C000214539Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Video Games &amp; Esports ETF Class C000214539 HERO</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000214539Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000214539Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_C000214539Member" xlink:to="lab_ck0001432353_C000214539Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000072330Member_label_en-US" xlink:label="lab_ck0001432353_S000072330Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Hydrogen ETF Series</link:label>
    <link:label id="lab_ck0001432353_S000072330Member_documentation_en-US" xlink:label="lab_ck0001432353_S000072330Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Hydrogen ETF Series, S000072330</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000072330Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000072330Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000072330Member" xlink:to="lab_ck0001432353_S000072330Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Health Care Sector Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Health Care Sector Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheHealthCareSectorMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000080638Member_label_en-US" xlink:label="lab_ck0001432353_S000080638Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X 1-3 Month T-Bill ETF</link:label>
    <link:label id="lab_ck0001432353_S000080638Member_documentation_en-US" xlink:label="lab_ck0001432353_S000080638Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X 1-3 Month T-Bill ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000080638Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000080638Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000080638Member" xlink:to="lab_ck0001432353_S000080638Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_LeveragedETFRiskMember_label_en-US" xlink:label="lab_ck0001432353_LeveragedETFRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leveraged ETF Risk Member</link:label>
    <link:label id="lab_ck0001432353_LeveragedETFRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_LeveragedETFRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leveraged ETF Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_LeveragedETFRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_LeveragedETFRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_LeveragedETFRiskMember" xlink:to="lab_ck0001432353_LeveragedETFRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_C000222117Member_label_en-US" xlink:label="lab_ck0001432353_C000222117Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X ClimateTech ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000222117Member_documentation_en-US" xlink:label="lab_ck0001432353_C000222117Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X ClimateTech ETF Class C000222117 CTEC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000222117Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000222117Member"/>
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    <link:label id="lab_ck0001432353_C000267587Member_label_en-US" xlink:label="lab_ck0001432353_C000267587Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Zero Coupon Bond 2032 ETF Class</link:label>
    <link:label id="lab_ck0001432353_C000267587Member_documentation_en-US" xlink:label="lab_ck0001432353_C000267587Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Zero Coupon Bond 2032 ETF Class</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_C000267587Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_C000267587Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_C000267587Member" xlink:to="lab_ck0001432353_C000267587Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_S000086496Member_label_en-US" xlink:label="lab_ck0001432353_S000086496Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global X Intermediate-Term Treasury Ladder ETF</link:label>
    <link:label id="lab_ck0001432353_S000086496Member_documentation_en-US" xlink:label="lab_ck0001432353_S000086496Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global X Intermediate-Term Treasury Ladder ETF</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_S000086496Member" xlink:href="ck0001432353-20260327.xsd#ck0001432353_S000086496Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_S000086496Member" xlink:to="lab_ck0001432353_S000086496Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember_label_en-US" xlink:label="lab_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associated Risks Related To Investing In Cybersecurity Companies Member</link:label>
    <link:label id="lab_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember_documentation_en-US" xlink:label="lab_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Associated Risks Related To Investing In Cybersecurity Companies Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember" xlink:to="lab_ck0001432353_AssociatedRisksRelatedToInvestingInCybersecurityCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember_label_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Brazil Member</link:label>
    <link:label id="lab_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember_documentation_en-US" xlink:label="lab_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Geographic Risk, Risk Of Investing In Brazil Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember" xlink:to="lab_ck0001432353_GeographicRiskRiskOfInvestingInBrazilMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember_label_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Entertainment Industry Member</link:label>
    <link:label id="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember_documentation_en-US" xlink:label="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Focus Risk, Risks Related To Investing In The Entertainment Industry Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember" xlink:to="lab_ck0001432353_FocusRiskRisksRelatedToInvestingInTheEntertainmentIndustryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember_label_en-US" xlink:label="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Fixed Income Securities Risk Member</link:label>
    <link:label id="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember_documentation_en-US" xlink:label="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Class Risk, Fixed Income Securities Risk Member</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:href="ck0001432353-20260327.xsd#ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:to="lab_ck0001432353_AssetClassRiskFixedIncomeSecuritiesRiskMember" xlink:type="arc" order="1"/>
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