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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 02/11/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $5.41 million
NAV $31.81
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 02/11/25

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 170,000
Number of Holdings 101
30-Day Median Bid-Ask Spread 0.41%

Distributions As of 02/11/25

30-Day SEC Yield 2.14%
Trailing 12-Month Distribution (%) 1 2.09%
Distribution Rate 2 2.29%
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 02/11/25

NAV $31.81 Daily Change $0.08 0.25%
Market Price $31.84 Daily Change $0.10 0.32%

Performance History

As of recent
(12/31/24)
As of recent
(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 16.31% 16.10% 16.96%
Since Inception 17.92% 17.94% 18.47%
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 2.23% 2.26% 2.52%
1 Month 2.23% 2.26% 2.52%
3 Months 2.43% 2.27% 2.73%
Since Inception 29.42% 29.46% 30.36%

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 02/11/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.30 MPC MARATHON PETROLEUM CORP B3K3L40 155.30 894 138,838.20
2.28 VLO VALERO ENERGY CORP 2041364 136.89 1,006 137,711.34
2.24 SLB SCHLUMBERGER LTD 2779201 41.78 3,240 135,367.20
2.22 QCOM QUALCOMM INC 2714923 171.99 780 134,152.20
2.20 EOG EOG RESOURCES INC 2318024 132.29 1,004 132,819.16
2.18 T AT&T INC 2831811 25.15 5,233 131,609.95
2.18 CVX CHEVRON CORP 2838555 157.44 835 131,462.40
2.12 THC TENET HEALTHCARE CORP B8DMK08 138.83 922 128,001.26
2.11 COP CONOCOPHILLIPS 2685717 101.71 1,254 127,544.34
2.06 XOM EXXON MOBIL CORP 2326618 110.68 1,125 124,515.00
2.05 GILD GILEAD SCIENCES INC 2369174 96.14 1,290 124,020.60
2.04 OXY OCCIDENTAL PETROLEUM CORP 2655408 48.61 2,530 122,983.30
1.98 HPQ HP INC BYX4D52 33.15 3,615 119,837.25
1.97 MO ALTRIA GROUP INC 2692632 53.85 2,213 119,170.05
1.93 BMY BRISTOL-MYERS SQUIBB CO 2126335 55.94 2,080 116,355.20
1.91 GEN GEN DIGITAL INC BJN4XN5 27.85 4,154 115,688.90
1.85 EXPE EXPEDIA GROUP INC B748CK2 197.19 566 111,609.54
1.83 NKE NIKE INC -CL B 2640147 71.34 1,551 110,648.34
1.82 WBD WARNER BROS DISCOVERY INC BM8JYX3 9.85 11,159 109,916.15
1.81 ADM ARCHER-DANIELS-MIDLAND CO 2047317 46.44 2,361 109,644.84
1.78 LEN LENNAR CORP-A 2511920 124.92 861 107,556.12
1.62 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 156.16 628 98,068.48
1.61 FOXA FOX CORP - CLASS A BJJMGL2 53.39 1,824 97,383.36
1.59 WPC WP CAREY INC B826YT8 56.14 1,708 95,887.12
1.53 PPC PILGRIM'S PRIDE CORP B5L3PZ2 52.55 1,765 92,750.75
1.53 ZM ZOOM COMMUNICATIONS INC BGSP7M9 83.82 1,101 92,285.82
1.52 BIIB BIOGEN INC 2455965 139.39 661 92,136.79
1.52 FANG DIAMONDBACK ENERGY INC B7Y8YR3 162.01 566 91,697.66
1.45 VTRS VIATRIS INC BMWS3X9 10.61 8,262 87,659.82
1.36 TPR TAPESTRY INC BF09HX3 81.36 1,010 82,173.60
1.26 OMC OMNICOM GROUP 2279303 82.41 926 76,311.66
1.22 CAG CONAGRA BRANDS INC 2215460 24.91 2,948 73,434.68
1.14 HAL HALLIBURTON CO 2405302 26.49 2,601 68,900.49
1.13 CCK CROWN HOLDINGS INC 2427986 89.58 759 67,991.22
1.09 ADT ADT INC BFWCP81 7.48 8,842 66,138.16
1.09 SWKS SKYWORKS SOLUTIONS INC 2961053 65.23 1,010 65,882.30
1.02 RL RALPH LAUREN CORP B4V9661 272.17 226 61,510.42
0.97 INGR INGREDION INC B7K24P7 128.66 457 58,797.62
0.95 TAP MOLSON COORS-B B067BM3 54.00 1,061 57,294.00
0.94 GAP GAP INC/THE 2360326 22.70 2,504 56,840.80
0.93 HOLX HOLOGIC INC 2433530 64.47 873 56,282.31
0.93 MTZ MASTEC INC 2155306 140.34 401 56,276.34
0.91 OVV OVINTIV INC BJ01KB6 45.40 1,214 55,115.60
0.89 DXC DXC TECHNOLOGY CO BYXD7B3 20.08 2,663 53,473.04
0.84 ARW ARROW ELECTRONICS INC 2051404 107.61 474 51,007.14
0.83 BG BUNGE GLOBAL SA BQ6BPG9 69.92 721 50,412.32
0.81 MTCH MATCH GROUP INC BK80XH9 33.93 1,445 49,028.85
0.81 IGT INTERNATIONAL GA BVG7F06 16.73 2,924 48,918.52
0.81 DBX DROPBOX INC-CLASS A BG0T321 31.85 1,533 48,826.05
0.79 UTHR UNITED THERAPEUTICS CORP 2430412 353.31 135 47,696.85
0.78 IPG INTERPUBLIC GRP 2466321 27.17 1,732 47,058.44
0.76 MAT MATTEL INC 2572303 21.85 2,105 45,994.25
0.76 NXST Nexstar Media Group Inc 2949758 151.20 302 45,662.40
0.75 QRVO QORVO INC BR9YYP4 76.66 594 45,536.04
0.75 CART MAPLEBEAR INC BN4L6W3 49.69 907 45,068.83
0.74 HAS HASBRO INC 2414580 60.09 742 44,586.78
0.72 MIDD MIDDLEBY CORP 2590930 164.52 264 43,433.28
0.67 CROX CROCS INC B0T7Z62 88.95 458 40,739.10
0.67 DDS DILLARDS INC-CL A 2269768 500.89 81 40,572.09
0.67 OGN ORGANON & CO BLDC8J4 14.95 2,699 40,350.05
0.63 BWA BORGWARNER INC 2111955 29.44 1,291 38,007.04
0.61 LYFT LYFT INC-A BJT1RW7 14.39 2,580 37,126.20
0.59 HOG HARLEY-DAVIDSON INC 2411053 26.23 1,367 35,856.41
0.59 LEVI LEVI STRAUSS-A BHRWS81 17.66 2,014 35,567.24
0.58 ETSY ETSY INC BWTN5N1 53.29 662 35,277.98
0.57 HRB H&R BLOCK INC 2105505 52.43 659 34,551.37
0.57 SLGN SILGAN HOLDINGS INC 2809324 52.97 647 34,271.59
0.56 MLI MUELLER INDUSTRIES INC 2609717 80.82 418 33,782.76
0.56 AVT AVNET INC 2066505 49.80 675 33,615.00
0.56 DINO HF SINCLAIR CORP BMZQ9C1 37.78 889 33,586.42
0.55 DOX AMDOCS LTD 2256908 86.32 386 33,319.52
0.54 SEE SEALED AIR CORP 2232793 34.02 953 32,421.06
0.52 PVH PVH CORP B3V9F12 78.55 402 31,577.10
0.52 SMG SCOTTS MIRACLE-GRO CO 2781518 67.58 466 31,492.28
0.51 CRUS CIRRUS LOGIC INC 2197308 103.51 300 31,053.00
0.48 UFPI UFP INDUSTRIES INC BMQ60Q1 115.67 252 29,148.84
0.44 CHRD CHORD ENERGY CORP BLDDYB1 114.41 234 26,771.94
0.44 MUR MURPHY OIL CORP 2611206 28.73 925 26,575.25
0.42 NOV NOV INC BN2RYW9 16.30 1,556 25,362.80
0.39 COLM COLUMBIA SPORTSWEAR CO 2229126 78.34 300 23,502.00
0.39 NEU NEWMARKET CORP B01CGF1 533.85 44 23,489.40
0.38 OLN OLIN CORP 2658526 28.60 807 23,080.20
0.38 FCN FTI CONSULTING INC 2351449 193.09 119 22,977.71
0.38 CBT CABOT CORP 2162500 86.00 266 22,876.00
0.38 THO THOR INDUSTRIES INC 2889876 102.99 221 22,760.79
0.35 LNTH LANTHEUS HOLDINGS INC BP8S8J5 81.92 261 21,381.12
0.35 CPRI CAPRI HOLDINGS LTD BJ1N1M9 22.05 958 21,123.90
0.33 AMKR AMKOR TECHNOLOGY INC 2242929 21.60 927 20,018.57
0.32 XRAY DENTSPLY SIRONA INC BYNPPC6 18.28 1,063 19,431.64
0.32 MMS MAXIMUS INC 2018669 67.76 286 19,379.36
0.31 RNG RINGCENTRAL INC-CLASS A BDZCRX3 34.33 550 18,881.50
0.29 APLE APPLE HOSPITALIT BXRTX56 15.30 1,135 17,365.50
0.28 ZI ZOOMINFO TECHNOLOGIES INC BMWF095 10.22 1,679 17,159.38
0.28 NVST ENVISTA HOLDINGS CORP BK63SF3 21.02 795 16,710.90
0.26 ASH Ashland Inc BYND5N1 64.60 246 15,891.60
0.26 TDC TERADATA CORP B247H10 30.89 503 15,537.67
0.24 CRI CARTER'S INC 2980939 52.96 270 14,299.20
0.20 AMED AMEDISYS INC 2024332 92.52 132 12,212.64
0.18 SHOO STEVEN MADDEN LTD 2553911 38.24 284 10,860.16
0.14 IPGP IPG PHOTONICS CORP 2698782 63.72 132 8,411.04
0.08 CASH 1.00 4,870 4,869.89
0.07 OTHER PAYABLE & RECEIVABLES 1.00 4,224 4,223.75
0.00 MRP MILLROSE PROPERTIES BRCFZ51 22.50 1 11.25
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 01/31/25

Sector Weight (%)
Energy 21.8
Consumer Discretionary 18.6
Information Technology 15.6
Health Care 13.0
Communication Services 9.5
Consumer Staples 9.4
Industrials 5.4
Materials 4.2
Real Estate 1.9
Financials 0.7

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 22.3
Consumer Durables & Apparel 10.8
Food, Beverage & Tobacco 9.6
Pharmaceuticals, Biotechnology & Life Sciences 8.9
Media & Entertainment 7.7
Software & Services 6.8
Semiconductors & Semiconductor Equipment 5.5
Capital Goods 4.6
Consumer Services 4.2
Health Care Equipment & Services 4.1
Technology Hardware & Equipment 3.7
Other 11.8

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 02/11/25

Return on Equity 16.50%
Weighted Avg. Market Cap 52,918 M
2024 2025
Price-to-earnings 13.71 11.61
Price-to-book value 2.03 1.81

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 01/31/25

Versus Beta
S&P 500 0.91
NASDAQ-100 0.59
MSCI EAFE 0.79
MSCI Emg. Mkts 0.63
Standard Deviation 15.20%

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.