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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 01/07/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $4.11 million
NAV $31.60
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 01/06/25

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 130,000
Number of Holdings 100
30-Day Median Bid-Ask Spread 0.48%

Distributions As of 01/07/25

30-Day SEC Yield 1.94%
Trailing 12-Month Distribution (%) 2.10%
Distribution Rate 1.90%
Distribution Frequency Monthly

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

ETF Prices As of 01/07/25

NAV $31.60 Daily Change -$0.06 -0.19%
Market Price $31.62 Daily Change -$0.05 -0.16%

Performance History

As of recent month & quarter-end (12/31/24)
As of recent month & quarter-end (12/31/24)
Fund NAV Market Price Index
1 Year 13.21% 13.01% 13.56%
Since Inception 17.28% 17.28% 17.64%
1 Year 13.21% 13.01% 13.56%
Since Inception 17.28% 17.28% 17.64%
Year-to-Date 13.21% 13.01% 13.56%
1 Month -6.28% -6.40% -6.29%
3 Months -1.55% -1.67% -1.49%
Since Inception 26.60% 26.59% 27.16%
Year-to-Date 13.21% 13.01% 13.56%
1 Month -6.28% -6.40% -6.29%
3 Months -1.55% -1.67% -1.49%
Since Inception 26.60% 26.59% 27.16%

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 01/07/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.17 OXY OCCIDENTAL PETROLEUM CORP 2655408 51.55 1,732 89,284.60
2.13 EOG EOG RESOURCES INC 2318024 127.56 686 87,506.16
2.12 SLB SCHLUMBERGER LTD 2779201 39.37 2,216 87,243.92
2.12 COP CONOCOPHILLIPS 2685717 101.67 858 87,232.86
2.11 MPC MARATHON PETROLEUM CORP B3K3L40 141.66 612 86,695.92
2.09 QCOM QUALCOMM INC 2714923 160.52 534 85,717.68
2.08 CVX CHEVRON CORP 2838555 149.59 571 85,415.89
2.08 VLO VALERO ENERGY CORP 2041364 123.99 688 85,305.12
2.04 XOM EXXON MOBIL CORP 2326618 108.75 771 83,846.25
2.03 HPQ HP INC BYX4D52 33.67 2,471 83,198.57
1.98 BMY BRISTOL-MYERS SQUIBB CO 2126335 57.14 1,422 81,253.08
1.98 THC TENET HEALTHCARE CORP B8DMK08 128.80 630 81,144.00
1.95 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.51 7,635 80,243.85
1.95 GILD GILEAD SCIENCES INC 2369174 90.63 882 79,935.66
1.95 ADM ARCHER-DANIELS-MIDLAND CO 2047317 49.43 1,617 79,928.31
1.93 T AT&T INC 2831811 22.20 3,577 79,409.40
1.92 LEN LENNAR CORP-A 2511920 133.14 591 78,685.74
1.90 MO ALTRIA GROUP INC 2692632 51.46 1,513 77,858.98
1.87 GEN GEN DIGITAL INC BJN4XN5 26.98 2,840 76,623.20
1.86 NKE NIKE INC -CL B 2640147 72.09 1,061 76,487.49
1.71 EXPE EXPEDIA GROUP INC B748CK2 182.33 386 70,379.38
1.68 BIIB BIOGEN INC 2455965 153.15 451 69,070.65
1.65 VTRS VIATRIS INC BMWS3X9 12.00 5,654 67,848.00
1.62 FANG DIAMONDBACK ENERGY INC B7Y8YR3 172.42 386 66,554.12
1.56 WPC WP CAREY INC B826YT8 54.99 1,168 64,228.32
1.56 SWKS SKYWORKS SOLUTIONS INC 2961053 92.66 692 64,120.72
1.50 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 143.32 430 61,627.60
1.50 FOXA FOX CORP - CLASS A BJJMGL2 49.23 1,248 61,439.04
1.48 ZM ZOOM COMMUNICATIONS INC BGSP7M9 80.45 753 60,578.85
1.33 PPC PILGRIM'S PRIDE CORP B5L3PZ2 45.33 1,207 54,713.31
1.31 CAG CONAGRA BRANDS INC 2215460 26.63 2,018 53,739.34
1.30 OMC OMNICOM GROUP 2279303 84.63 632 53,486.16
1.20 HAL HALLIBURTON CO 2405302 27.75 1,779 49,367.25
1.14 TPR TAPESTRY INC BF09HX3 67.36 692 46,613.12
1.06 HOLX HOLOGIC INC 2433530 72.69 597 43,395.93
1.03 ADT ADT INC BFWCP81 7.00 6,048 42,336.00
1.02 CCK CROWN HOLDINGS INC 2427986 80.34 519 41,696.46
1.01 INGR INGREDION INC B7K24P7 132.72 313 41,541.36
0.98 GAP GAP INC/THE 2360326 23.61 1,712 40,420.32
0.98 MTZ MASTEC INC 2155306 146.41 275 40,262.75
0.97 TAP MOLSON COORS-B B067BM3 55.19 725 40,012.75
0.93 BG BUNGE GLOBAL SA BQ6BPG9 77.81 493 38,360.33
0.91 RL RALPH LAUREN CORP B4V9661 242.52 154 37,348.08
0.90 DXC DXC TECHNOLOGY CO BYXD7B3 20.32 1,823 37,043.36
0.90 ARW ARROW ELECTRONICS INC 2051404 113.46 324 36,761.04
0.86 IGT INTERNATIONAL GA BVG7F06 17.75 2,000 35,500.00
0.85 CROX CROCS INC B0T7Z62 111.06 314 34,872.84
0.85 OVV OVINTIV INC BJ01KB6 41.87 830 34,752.10
0.82 UTHR UNITED THERAPEUTICS CORP 2430412 362.33 93 33,696.69
0.81 NXST Nexstar Media Group Inc 2949758 161.29 206 33,225.74
0.80 IPG INTERPUBLIC GRP 2466321 27.70 1,186 32,852.20
0.78 MTCH MATCH GROUP INC BK80XH9 32.40 989 32,043.60
0.75 DBX DROPBOX INC-CLASS A BG0T321 29.58 1,047 30,970.26
0.73 QRVO QORVO INC BR9YYP4 73.63 408 30,041.04
0.71 OGN ORGANON & CO BLDC8J4 15.72 1,847 29,034.84
0.71 PVH PVH CORP B3V9F12 105.16 276 29,024.16
0.71 HAS HASBRO INC 2414580 57.11 508 29,011.88
0.69 BWA BORGWARNER INC 2111955 32.27 883 28,494.41
0.67 HOG HARLEY-DAVIDSON INC 2411053 29.46 935 27,545.10
0.65 CART MAPLEBEAR INC BN4L6W3 42.91 619 26,561.29
0.64 MAT MATTEL INC 2572303 18.26 1,439 26,276.14
0.63 DDS DILLARDS INC-CL A 2269768 451.24 57 25,720.68
0.62 LYFT LYFT INC-A BJT1RW7 14.32 1,764 25,260.48
0.59 ETSY ETSY INC BWTN5N1 53.98 452 24,398.96
0.59 LEVI LEVI STRAUSS-A BHRWS81 17.67 1,378 24,349.26
0.59 AVT AVNET INC 2066505 52.54 461 24,220.94
0.59 MIDD MIDDLEBY CORP 2590930 134.23 180 24,161.40
0.59 HRB H&R BLOCK INC 2105505 53.66 449 24,093.34
0.55 SLGN SILGAN HOLDINGS INC 2809324 51.20 443 22,681.60
0.55 MLI MUELLER INDUSTRIES INC 2609717 79.12 286 22,628.32
0.55 DOX AMDOCS LTD 2256908 84.18 266 22,391.88
0.54 SEE SEALED AIR CORP 2232793 34.22 653 22,345.66
0.52 CRUS CIRRUS LOGIC INC 2197308 105.20 204 21,460.80
0.52 SMG SCOTTS MIRACLE-GRO CO 2781518 66.91 318 21,277.38
0.51 DINO HF SINCLAIR CORP BMZQ9C1 34.36 607 20,856.52
0.49 MUR MURPHY OIL CORP 2611206 31.64 631 19,964.84
0.48 CHRD CHORD ENERGY CORP BLDDYB1 122.79 162 19,891.98
0.46 UFPI UFP INDUSTRIES INC BMQ60Q1 109.47 174 19,047.78
0.43 OLN OLIN CORP 2658526 32.13 551 17,703.63
0.42 LNTH LANTHEUS HOLDINGS INC BP8S8J5 96.92 177 17,154.84
0.41 AMKR AMKOR TECHNOLOGY INC 2242929 26.56 633 16,812.48
0.41 COLM COLUMBIA SPORTSWEAR CO 2229126 82.40 204 16,809.60
0.39 CBT CABOT CORP 2162500 88.72 182 16,147.04
0.39 FCN FTI CONSULTING INC 2351449 193.49 83 16,059.67
0.39 NOV NOV INC BN2RYW9 14.89 1,064 15,842.96
0.38 NEU NEWMARKET CORP B01CGF1 485.36 32 15,531.52
0.37 MMS MAXIMUS INC 2018669 77.29 196 15,148.84
0.35 THO THOR INDUSTRIES INC 2889876 95.17 149 14,180.33
0.34 CPRI CAPRI HOLDINGS LTD BJ1N1M9 21.46 654 14,034.84
0.33 XRAY DENTSPLY SIRONA INC BYNPPC6 18.61 727 13,529.47
0.31 RNG RINGCENTRAL INC-CLASS A BDZCRX3 34.03 376 12,795.28
0.29 ASH Ashland Inc BYND5N1 71.25 168 11,970.00
0.28 ZI ZOOMINFO TECHNOLOGIES INC BMWF095 10.14 1,147 11,630.58
0.28 APLE APPLE HOSPITALIT BXRTX56 14.62 775 11,330.50
0.26 TDC TERADATA CORP B247H10 31.29 343 10,732.47
0.26 NVST ENVISTA HOLDINGS CORP BK63SF3 19.49 543 10,583.07
0.23 CRI CARTER'S INC 2980939 51.73 186 9,621.78
0.20 AMED AMEDISYS INC 2024332 91.93 90 8,273.70
0.20 SHOO STEVEN MADDEN LTD 2553911 41.56 194 8,062.64
0.16 IPGP IPG PHOTONICS CORP 2698782 74.81 90 6,732.90
0.15 OTHER PAYABLE & RECEIVABLES 1.00 6,248 6,247.66
-0.10 CASH 1.00 -3,957 -3,956.90
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 12/31/24

Sector Weight (%)
Energy 22.0
Consumer Discretionary 18.7
Information Technology 15.3
Health Care 13.1
Consumer Staples 9.7
Communication Services 9.5
Industrials 5.0
Materials 4.3
Real Estate 1.9
Financials 0.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 22.5
Consumer Durables & Apparel 10.9
Food, Beverage & Tobacco 9.9
Pharmaceuticals, Biotechnology & Life Sciences 9.1
Media & Entertainment 7.7
Software & Services 6.7
Semiconductors & Semiconductor Equipment 5.2
Consumer Services 4.3
Capital Goods 4.2
Health Care Equipment & Services 3.9
Technology Hardware & Equipment 3.7
Other 11.9

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 01/06/25

Return on Equity 12.20%
Weighted Avg. Market Cap 39,915 M
2023 2024
Price-to-earnings 12.04 16.26
Price-to-book value 2.07 1.91

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 12/31/24

Versus Beta
S&P 500 0.91
NASDAQ-100 0.58
MSCI EAFE 0.82
MSCI Emg. Mkts 0.63
Standard Deviation 15.60%

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.