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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 04/11/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $9.47 million
NAV $27.87
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 04/11/25

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 340,000
Number of Holdings 100
30-Day Median Bid-Ask Spread 0.47%

Distributions As of 04/11/25

30-Day SEC Yield 2.33%
Trailing 12-Month Distribution (%) 1 2.42%
Distribution Rate 2 2.56%
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 04/11/25

NAV $27.87 Daily Change $0.47 1.72%
Market Price $27.88 Daily Change $0.47 1.71%

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 04/11/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.20 MO ALTRIA GROUP INC 2692632 56.65 3,672 208,018.80
2.03 LEN LENNAR CORP-A 2511920 105.24 1,827 192,273.48
1.99 TGT TARGET CORP 2259101 92.78 2,034 188,714.52
1.97 QCOM QUALCOMM INC 2714923 139.25 1,343 187,012.75
1.95 GEN GEN DIGITAL INC BJN4XN5 24.41 7,561 184,564.01
1.95 UAL UNITED AIRLINES B4QG225 65.60 2,811 184,401.60
1.94 EOG EOG RESOURCES INC 2318024 108.54 1,691 183,541.14
1.93 EXPE EXPEDIA GROUP INC B748CK2 150.53 1,212 182,442.36
1.90 HAL HALLIBURTON CO 2405302 21.07 8,549 180,127.43
1.89 MRK MERCK & CO. INC. 2778844 79.18 2,261 179,025.98
1.87 VLO VALERO ENERGY CORP 2041364 110.70 1,600 177,120.00
1.85 BMY BRISTOL-MYERS SQUIBB CO 2126335 50.71 3,464 175,659.44
1.85 SLB SCHLUMBERGER LTD 2779201 33.96 5,158 175,165.68
1.83 MPC MARATHON PETROLEUM CORP B3K3L40 123.43 1,402 173,048.86
1.82 HPQ HP INC BYX4D52 23.44 7,374 172,846.56
1.82 BIIB BIOGEN INC 2455965 115.17 1,494 172,063.98
1.81 FANG DIAMONDBACK ENERGY INC B7Y8YR3 129.01 1,327 171,196.27
1.73 NRG NRG ENERGY INC 2212922 94.47 1,731 163,527.57
1.72 ZM ZOOM COMMUNICATIONS INC BGSP7M9 71.34 2,283 162,869.22
1.66 CF CF INDUSTRIES HO B0G4K50 72.00 2,190 157,680.00
1.66 WBD WARNER BROS DISCOVERY INC BM8JYX3 7.97 19,693 156,953.21
1.65 PPC PILGRIM'S PRIDE CORP B5L3PZ2 52.81 2,966 156,634.46
1.63 VTRS VIATRIS INC BMWS3X9 7.54 20,489 154,487.06
1.62 WPC WP CAREY INC B826YT8 57.87 2,648 153,239.76
1.57 CAG CONAGRA BRANDS INC 2215460 25.98 5,731 148,891.38
1.50 OMC OMNICOM GROUP 2279303 75.60 1,884 142,430.40
1.46 PHM PULTEGROUP INC 2708841 94.53 1,466 138,580.98
1.45 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 120.90 1,137 137,463.30
1.32 EME EMCOR GROUP INC 2474164 383.73 325 124,712.25
1.29 TAP MOLSON COORS-B B067BM3 60.69 2,011 122,047.59
1.26 APTV APTIV PLC BTDN8H1 47.92 2,481 118,889.52
1.23 ADT ADT INC BFWCP81 7.82 14,856 116,173.92
1.21 OC OWENS CORNING B1FW7Q2 139.02 825 114,691.50
1.16 BBY BEST BUY CO INC 2094670 60.43 1,816 109,740.88
1.15 INGR INGREDION INC B7K24P7 129.95 836 108,638.20
1.14 UHS UNIVERSAL HLTH-B 2923785 175.41 618 108,403.38
1.12 OVV OVINTIV INC BJ01KB6 32.78 3,233 105,977.74
1.09 CCK CROWN HOLDINGS INC 2427986 83.84 1,231 103,207.04
1.08 AVT AVNET INC 2066505 45.66 2,234 102,004.44
1.05 HOLX HOLOGIC INC 2433530 57.85 1,724 99,733.40
1.04 SWKS SKYWORKS SOLUTIONS INC 2961053 56.54 1,747 98,775.38
1.01 JWN NORDSTROM INC 2641827 23.78 4,031 95,857.18
0.98 GAP GAP INC/THE 2360326 18.61 5,011 93,254.71
0.98 ARW ARROW ELECTRONICS INC 2051404 97.81 952 93,115.12
0.98 UTHR UNITED THERAPEUTICS CORP 2430412 281.16 331 93,063.96
0.96 NXST Nexstar Media Group Inc 2949758 151.99 599 91,042.01
0.94 RL RALPH LAUREN CORP B4V9661 197.92 451 89,261.92
0.93 WCC WESCO INTERNATIONAL INC 2416973 148.42 594 88,161.48
0.93 MTZ MASTEC INC 2155306 116.98 751 87,851.98
0.91 DBX DROPBOX INC-CLASS A BG0T321 27.08 3,175 85,979.00
0.86 IPG INTERPUBLIC GRP 2466321 24.59 3,325 81,761.75
0.85 SNX TD SYNNEX CORP 2002554 101.96 788 80,344.48
0.84 MTCH MATCH GROUP INC BK80XH9 28.48 2,794 79,573.12
0.83 CROX CROCS INC B0T7Z62 92.56 846 78,305.76
0.81 IGT INTERNATIONAL GA BVG7F06 15.65 4,920 76,998.00
0.81 HOG HARLEY-DAVIDSON INC 2411053 22.54 3,388 76,365.52
0.79 NOV NOV INC BN2RYW9 11.84 6,284 74,402.56
0.78 HRB H&R BLOCK INC 2105505 59.08 1,253 74,027.24
0.76 PVH PVH CORP B3V9F12 68.88 1,051 72,392.88
0.76 CHRD CHORD ENERGY CORP BLDDYB1 89.34 803 71,740.02
0.74 FIX COMFORT SYSTEMS USA INC 2036047 348.77 201 70,102.77
0.72 LYFT LYFT INC-A BJT1RW7 11.03 6,178 68,143.34
0.71 CIVI CIVITAS RESOURCES INC BMG9GG2 27.31 2,461 67,209.91
0.69 ETSY ETSY INC BWTN5N1 43.60 1,503 65,530.80
0.69 BLD TOPBUILD CORP BZ0P3W2 288.63 227 65,519.01
0.65 MUR MURPHY OIL CORP 2611206 20.87 2,969 61,963.03
0.65 DXC DXC TECHNOLOGY CO BYXD7B3 14.45 4,260 61,557.00
0.64 MHK MOHAWK INDUSTRIES INC 2598699 105.05 581 61,034.05
0.64 BWA BORGWARNER INC 2111955 26.19 2,308 60,446.52
0.59 LEVI LEVI STRAUSS-A BHRWS81 15.04 3,718 55,918.72
0.55 MLI MUELLER INDUSTRIES INC 2609717 74.12 701 51,958.12
0.54 FMC FMC CORP 2328603 37.10 1,390 51,569.00
0.54 DDS DILLARDS INC-CL A 2269768 311.02 165 51,318.30
0.54 DINO HF SINCLAIR CORP BMZQ9C1 27.77 1,842 51,152.34
0.51 GNRC GENERAC HOLDINGS INC B6197Q2 110.25 440 48,510.00
0.50 LNTH LANTHEUS HOLDINGS INC BP8S8J5 102.00 468 47,736.00
0.50 NEU NEWMARKET CORP B01CGF1 563.63 84 47,344.92
0.49 VMI VALMONT INDUSTRIES 2926825 283.51 165 46,779.15
0.48 THO THOR INDUSTRIES INC 2889876 68.97 658 45,382.26
0.47 LEA LEAR CORP B570P91 77.37 569 44,023.53
0.46 MAT MATTEL INC 2572303 15.04 2,887 43,420.48
0.45 SMG SCOTTS MIRACLE-GRO CO 2781518 51.19 832 42,590.08
0.41 CBT CABOT CORP 2162500 79.47 493 39,178.71
0.41 UFPI UFP INDUSTRIES INC BMQ60Q1 106.42 365 38,843.30
0.40 CRUS CIRRUS LOGIC INC 2197308 86.27 438 37,786.26
0.37 COLM COLUMBIA SPORTSWEAR CO 2229126 65.62 540 35,434.80
0.34 RNG RINGCENTRAL INC-CLASS A BDZCRX3 22.90 1,403 32,128.70
0.33 RHI ROBERT HALF INC 2110703 49.41 636 31,424.76
0.30 OTHER PAYABLE & RECEIVABLES 1.00 28,571 28,570.81
0.30 AMKR AMKOR TECHNOLOGY INC 2242929 16.54 1,722 28,481.88
0.28 NVST ENVISTA HOLDINGS CORP BK63SF3 15.46 1,729 26,730.34
0.25 BILL BILL HOLDINGS INC BKDS4H5 41.58 569 23,659.02
0.25 TDC TERADATA CORP B247H10 20.45 1,150 23,517.50
0.23 MAN MANPOWERGROUP INC 2562490 51.10 426 21,768.60
0.23 AMED AMEDISYS INC 2024332 91.51 237 21,687.87
0.22 CRI CARTER'S INC 2980939 37.18 564 20,969.52
0.21 TNET TRINET GROUP INC 2693914 78.63 254 19,972.02
0.21 IAC IAC INC BNDYF48 34.19 568 19,419.92
0.18 SAM BOSTON BEER COMPANY INC-A 2113393 245.58 71 17,436.18
0.14 SHOO STEVEN MADDEN LTD 2553911 20.80 650 13,520.00
0.13 IPGP IPG PHOTONICS CORP 2698782 53.77 237 12,743.49
-0.04 CASH 1.00 -3,996 -3,995.66
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 04/11/25

Return on Equity 15.40%
Weighted Avg. Market Cap 57,850 M
2024 2025
Price-to-earnings 13.28 11.52
Price-to-book value 1.87 1.68

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.