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 03/14/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $10.63 million
NAV $30.38
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 03/14/25

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 350,000
Number of Holdings 100
30-Day Median Bid-Ask Spread 0.40%

Distributions As of 03/14/25

30-Day SEC Yield 2.24%
Trailing 12-Month Distribution (%) 1 2.21%
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 03/14/25

NAV $30.38 Daily Change $0.51 1.71%
Market Price $30.42 Daily Change $0.53 1.77%

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 10.74% 10.55% 11.23%
Since Inception 16.41% 16.40% 16.86%
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 1.36% 1.36% 1.55%
1 Month -0.86% -0.89% -0.94%
3 Months -5.01% -5.13% -4.84%
Since Inception 28.31% 28.31% 29.14%

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 03/14/25

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.49 GILD GILEAD SCIENCES INC 2369174 111.44 2,378 265,004.32
2.41 T AT&T INC 2831811 26.58 9,649 256,470.42
2.31 SLB SCHLUMBERGER LTD 2779201 41.10 5,967 245,243.70
2.27 CVX CHEVRON CORP 2838555 157.02 1,539 241,653.78
2.26 MO ALTRIA GROUP INC 2692632 58.91 4,079 240,293.89
2.25 VLO VALERO ENERGY CORP 2041364 129.14 1,854 239,425.56
2.19 MPC MARATHON PETROLEUM CORP B3K3L40 141.15 1,648 232,615.20
2.18 XOM EXXON MOBIL CORP 2326618 111.90 2,069 231,521.10
2.16 EOG EOG RESOURCES INC 2318024 123.92 1,852 229,499.84
2.15 COP CONOCOPHILLIPS 2685717 98.95 2,310 228,574.50
2.13 BMY BRISTOL-MYERS SQUIBB CO 2126335 59.01 3,834 226,244.34
2.12 QCOM QUALCOMM INC 2714923 156.58 1,436 224,848.88
2.04 OXY OCCIDENTAL PETROLEUM CORP 2655408 46.53 4,658 216,736.74
1.97 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.19 20,552 209,424.88
1.96 THC TENET HEALTHCARE CORP B8DMK08 122.67 1,700 208,539.00
1.95 GEN GEN DIGITAL INC BJN4XN5 27.03 7,658 206,995.74
1.93 ADM ARCHER-DANIELS-MIDLAND CO 2047317 47.18 4,345 204,997.10
1.93 NKE NIKE INC -CL B 2640147 71.66 2,857 204,732.62
1.86 WPC WP CAREY INC B826YT8 62.66 3,148 197,253.68
1.78 HPQ HP INC BYX4D52 28.41 6,678 189,721.98
1.76 LEN LENNAR CORP-A 2511920 118.10 1,588 187,542.80
1.66 FOXA FOX CORP - CLASS A BJJMGL2 52.28 3,370 176,183.60
1.60 BIIB BIOGEN INC 2455965 139.44 1,221 170,256.24
1.60 EXPE EXPEDIA GROUP INC B748CK2 162.11 1,046 169,567.06
1.52 PPC PILGRIM'S PRIDE CORP B5L3PZ2 49.62 3,253 161,413.86
1.48 FANG DIAMONDBACK ENERGY INC B7Y8YR3 150.20 1,046 157,109.20
1.42 ZM ZOOM COMMUNICATIONS INC BGSP7M9 74.20 2,029 150,551.80
1.37 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 126.19 1,156 145,875.64
1.31 CAG CONAGRA BRANDS INC 2215460 25.65 5,428 139,228.20
1.30 VTRS VIATRIS INC BMWS3X9 9.10 15,216 138,465.60
1.30 OMC OMNICOM GROUP 2279303 80.83 1,710 138,219.30
1.23 TPR TAPESTRY INC BF09HX3 70.46 1,858 130,914.68
1.21 SWKS SKYWORKS SOLUTIONS INC 2961053 69.40 1,858 128,945.20
1.17 CCK CROWN HOLDINGS INC 2427986 89.06 1,399 124,594.94
1.15 ADT ADT INC BFWCP81 7.48 16,292 121,864.16
1.13 HAL HALLIBURTON CO 2405302 25.07 4,793 120,160.51
1.10 TAP MOLSON COORS-B B067BM3 59.62 1,957 116,676.34
1.04 INGR INGREDION INC B7K24P7 131.29 841 110,414.89
0.92 BG BUNGE GLOBAL SA BQ6BPG9 73.88 1,329 98,186.52
0.92 HOLX HOLOGIC INC 2433530 60.71 1,609 97,682.39
0.89 NXST Nexstar Media Group Inc 2949758 169.88 558 94,793.04
0.87 GAP GAP INC/THE 2360326 20.13 4,616 92,920.08
0.87 RL RALPH LAUREN CORP B4V9661 220.31 418 92,089.58
0.86 ARW ARROW ELECTRONICS INC 2051404 104.72 874 91,525.28
0.85 OVV OVINTIV INC BJ01KB6 40.53 2,238 90,706.14
0.84 IGT INTERNATIONAL GA BVG7F06 16.65 5,388 89,710.20
0.84 MTZ MASTEC INC 2155306 120.49 737 88,801.13
0.80 DXC DXC TECHNOLOGY CO BYXD7B3 17.28 4,910 84,844.80
0.79 IPG INTERPUBLIC GRP 2466321 26.43 3,188 84,258.84
0.78 CROX CROCS INC B0T7Z62 98.60 842 83,021.20
0.77 MTCH MATCH GROUP INC BK80XH9 30.94 2,661 82,331.34
0.77 HAS HASBRO INC 2414580 59.79 1,366 81,673.14
0.73 QRVO QORVO INC BR9YYP4 71.39 1,090 77,815.10
0.72 MAT MATTEL INC 2572303 19.75 3,881 76,649.75
0.72 OGN ORGANON & CO BLDC8J4 15.31 4,971 76,106.01
0.71 UTHR UNITED THERAPEUTICS CORP 2430412 307.24 247 75,888.28
0.70 MIDD MIDDLEBY CORP 2590930 151.67 488 74,014.96
0.68 DBX DROPBOX INC-CLASS A BG0T321 25.62 2,829 72,478.98
0.64 BWA BORGWARNER INC 2111955 28.70 2,379 68,277.30
0.61 CART MAPLEBEAR INC BN4L6W3 38.57 1,675 64,604.75
0.58 DOX AMDOCS LTD 2256908 87.99 706 62,120.94
0.58 HOG HARLEY-DAVIDSON INC 2411053 24.56 2,519 61,866.64
0.58 HRB H&R BLOCK INC 2105505 50.23 1,219 61,230.37
0.58 MLI MUELLER INDUSTRIES INC 2609717 79.49 770 61,207.30
0.56 LEVI LEVI STRAUSS-A BHRWS81 16.11 3,710 59,768.10
0.56 AVT AVNET INC 2066505 47.79 1,245 59,498.55
0.55 SLGN SILGAN HOLDINGS INC 2809324 49.42 1,191 58,859.22
0.53 LYFT LYFT INC-A BJT1RW7 11.92 4,756 56,691.52
0.53 ETSY ETSY INC BWTN5N1 45.65 1,222 55,784.30
0.52 CRUS CIRRUS LOGIC INC 2197308 99.82 556 55,499.92
0.50 DDS DILLARDS INC-CL A 2269768 357.20 150 53,580.00
0.50 DINO HF SINCLAIR CORP BMZQ9C1 32.36 1,641 53,102.76
0.49 SEE SEALED AIR CORP 2232793 29.87 1,753 52,362.11
0.49 SMG SCOTTS MIRACLE-GRO CO 2781518 60.52 860 52,047.20
0.47 UFPI UFP INDUSTRIES INC BMQ60Q1 106.55 465 49,545.75
0.46 LNTH LANTHEUS HOLDINGS INC BP8S8J5 101.10 485 49,033.50
0.44 PVH PVH CORP B3V9F12 63.81 738 47,091.78
0.43 CHRD CHORD ENERGY CORP BLDDYB1 106.21 426 45,245.46
0.42 MUR MURPHY OIL CORP 2611206 26.04 1,709 44,502.36
0.41 COLM COLUMBIA SPORTSWEAR CO 2229126 78.42 556 43,601.52
0.39 NEU NEWMARKET CORP B01CGF1 522.51 80 41,800.80
0.39 NOV NOV INC BN2RYW9 14.30 2,868 41,012.40
0.38 CBT CABOT CORP 2162500 83.31 490 40,821.90
0.36 CPRI CAPRI HOLDINGS LTD BJ1N1M9 21.49 1,765 37,929.85
0.35 OLN OLIN CORP 2658526 24.64 1,489 36,688.96
0.33 MMS MAXIMUS INC 2018669 67.11 526 35,299.86
0.33 FCN FTI CONSULTING INC 2351449 162.70 215 34,980.50
0.32 AMKR AMKOR TECHNOLOGY INC 2242929 19.61 1,711 33,552.71
0.31 THO THOR INDUSTRIES INC 2889876 80.59 413 33,283.67
0.30 ZI ZOOMINFO TECHNOLOGIES INC BMWF095 10.45 3,097 32,363.65
0.29 XRAY DENTSPLY SIRONA INC BYNPPC6 15.56 1,959 30,482.04
0.27 APLE APPLE HOSPITALIT BXRTX56 13.53 2,095 28,345.35
0.26 RNG RINGCENTRAL INC-CLASS A BDZCRX3 27.00 1,014 27,378.00
0.24 ASH Ashland Inc BYND5N1 57.06 454 25,905.24
0.23 NVST ENVISTA HOLDINGS CORP BK63SF3 16.65 1,467 24,425.55
0.21 AMED AMEDISYS INC 2024332 92.57 244 22,587.08
0.20 OTHER PAYABLE & RECEIVABLES 1.00 21,288 21,287.71
0.20 TDC TERADATA CORP B247H10 22.69 929 21,079.01
0.19 CRI CARTER'S INC 2980939 39.79 494 19,656.26
0.14 IPGP IPG PHOTONICS CORP 2698782 62.25 244 15,189.00
0.13 SHOO STEVEN MADDEN LTD 2553911 25.30 524 13,257.20
0.07 CASH 1.00 6,972 6,972.35

Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 02/28/25

Sector Weight (%)
Energy 22.5
Consumer Discretionary 18.9
Information Technology 14.2
Health Care 12.7
Communication Services 10.3
Consumer Staples 9.7
Industrials 5.0
Materials 4.1
Real Estate 2.1
Financials 0.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 23.0
Consumer Durables & Apparel 11.0
Food, Beverage & Tobacco 10.0
Pharmaceuticals, Biotechnology & Life Sciences 8.9
Media & Entertainment 8.1
Software & Services 6.2
Semiconductors & Semiconductor Equipment 4.8
Consumer Services 4.6
Capital Goods 4.2
Health Care Equipment & Services 3.8
Technology Hardware & Equipment 3.5
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 03/14/25

Return on Equity 16.10%
Weighted Avg. Market Cap 55,819 M
2024 2025
Price-to-earnings 12.97 11.26
Price-to-book value 1.92 1.72

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 02/28/25

Versus Beta
S&P 500 0.90
NASDAQ-100 0.58
MSCI EAFE 0.76
MSCI Emg. Mkts 0.62
Standard Deviation 14.90%

Source: new windowAltaVista Research, LLC

ETF Research

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.