Model Portfolios | News | Contact

FLOW

U.S. Cash Flow Kings 100 ETF

 

Reasons to Consider FLOW

Strong Balance Sheets

FLOW holds companies that generate a high level of free cash flow, which may be better positioned to invest in new projects, increase dividend payouts, or pay down debt.

Measure of Profitability

Stocks of companies with high free cash flow are less sensitive to accounting adjustments that may impair the quality of a company’s profitability.

ETF Efficiency

FLOW allows investors to buy and sell a basket of U.S. equities that have high free cash flow yields,1 with the tax efficiency of an ETF.

1Free cash flow is the cash a company generates after accounting for operating and capital expenditures. Free cash flow yield is defined as a company’s free cash flow per share, divided by its enterprise value per share.

Key Information As of 04/02/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $9.73 million
NAV $31.39
Fact Sheet View the document

ETF Summary

The Global X U.S. Cash Flow Kings 100 ETF (FLOW) offers exposure to U.S. companies that exhibit high free cash flow yields, relative to the broader domestic equity market. Free cash flow is a measure of profitability that correlates with quality, growth and value factor orientations,2 making FLOW a potentially appealing choice as a portfolio’s core allocation. FLOW may minimize idiosyncratic risks by implementing a sector cap of 25% and an individual constituent cap of 2%.

ETF Objective

The Global X U.S. Cash Flow Kings 100 ETF (FLOW) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. Cash Flow Kings 100 Index.

Trading Details As of 04/02/25

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 310,000
Number of Holdings 101
30-Day Median Bid-Ask Spread 0.43%

Distributions As of 04/02/25

30-Day SEC Yield 2.33%
Trailing 12-Month Distribution (%) 1 2.14%
Distribution Rate 2 2.25%
Distribution Frequency Monthly

1The distribution as a percentage an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The Trailing 12-Month Distribution (%) is calculated by summing any income, capital gains and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the same period. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

2The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the “19a Notice” here. These do not imply rates for any future distributions.

2Global X ETFs, July 2023. "Introducing the U.S. Cash Flow Kings 100 ETF (FLOW)"

ETF Prices As of 04/02/25

NAV $31.39 Daily Change $0.36 1.16%
Market Price $31.42 Daily Change $0.37 1.19%

Performance History

As of recent month & quarter-end (03/31/25)
As of recent month & quarter-end (03/31/25)
Fund NAV Market Price Index
1 Year 0.13% 0.03% 0.56%
Since Inception 13.97% 14.01% 14.41%
1 Year 0.13% 0.03% 0.56%
Since Inception 13.97% 14.01% 14.41%
Year-to-Date -1.01% -0.95% -0.80%
1 Month -2.34% -2.27% -2.31%
3 Months -1.01% -0.95% -0.80%
Since Inception 25.32% 25.39% 26.15%
Year-to-Date -1.01% -0.95% -0.80%
1 Month -2.34% -2.27% -2.31%
3 Months -1.01% -0.95% -0.80%
Since Inception 25.32% 25.39% 26.15%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 04/02/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.05 HAL HALLIBURTON CO 2405302 25.70 7,754 199,277.80
2.05 EOG EOG RESOURCES INC 2318024 129.97 1,533 199,244.01
2.03 SLB SCHLUMBERGER LTD 2779201 42.19 4,680 197,449.20
2.01 FANG DIAMONDBACK ENERGY INC B7Y8YR3 161.49 1,210 195,402.90
2.01 TGT TARGET CORP 2259101 105.77 1,844 195,039.88
2.01 VLO VALERO ENERGY CORP 2041364 133.62 1,459 194,951.58
1.98 LEN LENNAR CORP-A 2511920 115.66 1,665 192,573.90
1.96 MO ALTRIA GROUP INC 2692632 57.12 3,331 190,266.72
1.95 MPC MARATHON PETROLEUM CORP B3K3L40 147.90 1,279 189,164.10
1.94 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.56 17,861 188,612.16
1.94 QCOM QUALCOMM INC 2714923 154.08 1,223 188,439.84
1.93 BMY BRISTOL-MYERS SQUIBB CO 2126335 59.60 3,141 187,203.60
1.92 HPQ HP INC BYX4D52 27.88 6,689 186,489.32
1.91 EXPE EXPEDIA GROUP INC B748CK2 167.85 1,104 185,306.40
1.91 GEN GEN DIGITAL INC BJN4XN5 27.01 6,858 185,234.58
1.88 UAL UNITED AIRLINES B4QG225 71.37 2,562 182,849.94
1.84 BIIB BIOGEN INC 2455965 131.32 1,362 178,857.84
1.84 MRK MERCK & CO. INC. 2778844 86.60 2,060 178,396.00
1.67 NRG NRG ENERGY INC 2212922 102.88 1,578 162,344.64
1.66 VTRS VIATRIS INC BMWS3X9 8.66 18,578 160,885.48
1.64 CF CF INDUSTRIES HO B0G4K50 79.83 1,995 159,260.85
1.61 ZM ZOOM COMMUNICATIONS INC BGSP7M9 75.04 2,082 156,233.28
1.56 WPC WP CAREY INC B826YT8 62.68 2,414 151,309.52
1.44 PHM PULTEGROUP INC 2708841 104.33 1,337 139,489.21
1.42 APTV APTIV PLC BTDN8H1 60.78 2,262 137,484.36
1.41 CAG CONAGRA BRANDS INC 2215460 26.38 5,194 137,017.72
1.40 OMC OMNICOM GROUP 2279303 79.42 1,716 136,284.72
1.38 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 131.12 1,024 134,266.88
1.36 PPC PILGRIM'S PRIDE CORP B5L3PZ2 49.00 2,689 131,761.00
1.33 OVV OVINTIV INC BJ01KB6 44.14 2,929 129,286.06
1.29 BBY BEST BUY CO INC 2094670 75.73 1,654 125,257.42
1.17 TAP MOLSON COORS-B B067BM3 61.95 1,834 113,616.30
1.17 EME EMCOR GROUP INC 2474164 384.95 295 113,560.25
1.16 ADT ADT INC BFWCP81 8.38 13,455 112,752.90
1.14 OC OWENS CORNING B1FW7Q2 147.19 753 110,834.07
1.10 UHS UNIVERSAL HLTH-B 2923785 188.78 564 106,471.92
1.06 SWKS SKYWORKS SOLUTIONS INC 2961053 64.80 1,591 103,096.80
1.06 INGR INGREDION INC B7K24P7 135.32 761 102,978.52
1.05 GAP GAP INC/THE 2360326 22.38 4,533 101,448.54
1.04 CCK CROWN HOLDINGS INC 2427986 90.22 1,123 101,317.06
1.02 NXST Nexstar Media Group Inc 2949758 181.86 545 99,113.70
1.01 AVT AVNET INC 2066505 48.29 2,023 97,690.67
1.00 RL RALPH LAUREN CORP B4V9661 236.35 412 97,376.20
0.98 HOLX HOLOGIC INC 2433530 60.56 1,571 95,139.76
0.97 UTHR UNITED THERAPEUTICS CORP 2430412 312.26 301 93,990.26
0.94 ARW ARROW ELECTRONICS INC 2051404 105.16 868 91,278.88
0.92 JWN NORDSTROM INC 2641827 24.45 3,648 89,193.60
0.90 WCC WESCO INTERNATIONAL INC 2416973 162.39 540 87,690.60
0.90 NOV NOV INC BN2RYW9 15.30 5,684 86,965.20
0.89 CROX CROCS INC B0T7Z62 111.54 771 85,997.34
0.87 MTZ MASTEC INC 2155306 122.76 685 84,090.60
0.86 CHRD CHORD ENERGY CORP BLDDYB1 113.54 731 82,997.74
0.81 MTCH MATCH GROUP INC BK80XH9 31.28 2,526 79,013.28
0.81 DBX DROPBOX INC-CLASS A BG0T321 27.47 2,870 78,838.90
0.81 CIVI CIVITAS RESOURCES INC BMG9GG2 35.09 2,242 78,671.78
0.81 MUR MURPHY OIL CORP 2611206 29.21 2,684 78,399.64
0.81 HOG HARLEY-DAVIDSON INC 2411053 25.58 3,064 78,377.12
0.81 IPG INTERPUBLIC GRP 2466321 26.04 3,008 78,328.32
0.78 SNX TD SYNNEX CORP 2002554 106.75 712 76,006.00
0.77 PVH PVH CORP B3V9F12 77.83 958 74,561.14
0.76 IGT INTERNATIONAL GA BVG7F06 16.54 4,447 73,553.38
0.74 LYFT LYFT INC-A BJT1RW7 12.95 5,580 72,261.00
0.71 ETSY ETSY INC BWTN5N1 50.42 1,371 69,125.82
0.71 DXC DXC TECHNOLOGY CO BYXD7B3 17.63 3,882 68,439.66
0.67 HRB H&R BLOCK INC 2105505 56.65 1,142 64,694.30
0.66 BLD TOPBUILD CORP BZ0P3W2 312.99 206 64,475.94
0.65 FIX COMFORT SYSTEMS USA INC 2036047 342.28 183 62,637.24
0.64 MHK MOHAWK INDUSTRIES INC 2598699 117.15 530 62,089.50
0.63 BWA BORGWARNER INC 2111955 29.12 2,107 61,355.84
0.58 DINO HF SINCLAIR CORP BMZQ9C1 33.61 1,680 56,464.80
0.57 LEVI LEVI STRAUSS-A BHRWS81 16.73 3,286 54,974.78
0.56 DDS DILLARDS INC-CL A 2269768 364.04 150 54,606.00
0.56 FMC FMC CORP 2328603 42.59 1,267 53,961.53
0.54 MAT MATTEL INC 2572303 19.87 2,632 52,297.84
0.53 GNRC GENERAC HOLDINGS INC B6197Q2 128.18 401 51,400.18
0.52 MLI MUELLER INDUSTRIES INC 2609717 79.39 638 50,650.82
0.48 THO THOR INDUSTRIES INC 2889876 78.88 594 46,854.72
0.47 LEA LEAR CORP B570P91 88.76 518 45,977.68
0.46 VMI VALMONT INDUSTRIES 2926825 296.54 150 44,481.00
0.46 NEU NEWMARKET CORP B01CGF1 566.27 78 44,169.06
0.45 SMG SCOTTS MIRACLE-GRO CO 2781518 57.96 760 44,049.60
0.43 LNTH LANTHEUS HOLDINGS INC BP8S8J5 97.42 429 41,793.18
0.41 CRUS CIRRUS LOGIC INC 2197308 98.58 399 39,333.42
0.39 COLM COLUMBIA SPORTSWEAR CO 2229126 77.36 492 38,061.12
0.38 CBT CABOT CORP 2162500 84.35 434 36,607.90
0.37 UFPI UFP INDUSTRIES INC BMQ60Q1 109.10 332 36,221.20
0.36 CASH 1.00 35,168 35,167.74
0.34 RNG RINGCENTRAL INC-CLASS A BDZCRX3 25.86 1,277 33,023.22
0.33 RHI ROBERT HALF INC 2110703 54.71 579 31,677.09
0.29 AMKR AMKOR TECHNOLOGY INC 2242929 18.63 1,515 28,224.45
0.28 NVST ENVISTA HOLDINGS CORP BK63SF3 17.51 1,576 27,595.76
0.25 BILL BILL HOLDINGS INC BKDS4H5 46.73 518 24,206.14
0.25 TDC TERADATA CORP B247H10 22.93 1,048 24,030.64
0.23 MAN MANPOWERGROUP INC 2562490 58.77 387 22,743.99
0.22 CRI CARTER'S INC 2980939 42.12 513 21,607.56
0.21 IAC IAC INC BNDYF48 40.02 517 20,690.34
0.21 AMED AMEDISYS INC 2024332 92.98 216 20,083.68
0.19 TNET TRINET GROUP INC 2693914 79.54 226 17,976.04
0.17 SHOO STEVEN MADDEN LTD 2553911 28.28 593 16,770.04
0.17 SAM BOSTON BEER COMPANY INC-A 2113393 246.36 65 16,013.40
0.14 IPGP IPG PHOTONICS CORP 2698782 63.48 216 13,711.68
0.09 OTHER PAYABLE & RECEIVABLES 1.00 9,153 9,153.16
0.04 ANGI ANGI INC BT9P0M0 14.00 271 3,794.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 03/31/25

Sector Weight (%)
Consumer Discretionary 22.0
Energy 17.5
Information Technology 14.4
Health Care 11.4
Industrials 11.2
Consumer Staples 9.5
Communication Services 6.3
Materials 4.6
Utilities 1.6
Real Estate 1.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 17.8
Consumer Durables & Apparel 9.4
Pharmaceuticals, Biotechnology & Life Sciences 8.5
Food, Beverage & Tobacco 7.6
Capital Goods 7.3
Media & Entertainment 6.4
Software & Services 6.0
Technology Hardware & Equipment 4.9
Materials 4.6
Consumer Services 4.6
Automobiles & Components 3.8
Other 19.1

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 04/02/25

Return on Equity 15.40%
Weighted Avg. Market Cap 57,850 M
2024 2025
Price-to-earnings 14.96 12.98
Price-to-book value 2.11 1.89

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 03/31/25

Versus Beta
S&P 500 0.83
NASDAQ-100 0.53
MSCI EAFE 0.76
MSCI Emg. Mkts 0.60
Standard Deviation 14.70%

Source: new windowAltaVista Research, LLC

ETF Research

Introducing the U.S. Cash Flow Kings 100 ETF (FLOW)

Read the Full ArticleRead More

ETF Documents

Investing involves risk, including possible loss of principal. There is no assurance that companies with current high free cash flow yields will continue to maintain high free cash flow yields in the future. FLOW is non-diversified.

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. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Global X U.S. Cash Flows Kings 100 Index is owned and was developed by Global X Management Company LLC for use by 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.