| NAV | $30.38 | Daily Change | $0.51 | 1.71% |
| Market Price | $30.42 | Daily Change | $0.53 | 1.77% |
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.
Stocks of companies with high free cash flow are less sensitive to accounting adjustments that may impair the quality of a company’s profitability.
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.
| Inception Date | 07/10/23 |
| Total Expense Ratio | 0.25% |
| Net Assets | $10.63 million |
| NAV | $30.38 |
| Fact Sheet | View the document |
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%.
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.
| 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% |
| 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)"
| NAV | $30.38 | Daily Change | $0.51 | 1.71% |
| Market Price | $30.42 | Daily Change | $0.53 | 1.77% |
|
As of recent (12/31/24)
As of recent (12/31/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 13.21% | 13.01% | 13.56% |
| Since Inception | 17.28% | 17.28% | 17.64% |
| 1 Year | 10.74% | 10.55% | 11.23% |
| Since Inception | 16.41% | 16.40% | 16.86% |
| Year-to-Date | 13.21% | 13.01% | 13.56% |
| 1 Month | -6.28% | -6.40% | -6.29% |
| 3 Months | -1.55% | -1.67% | -1.49% |
| Since Inception | 26.60% | 26.59% | 27.16% |
| Year-to-Date | 1.36% | 1.36% | 1.55% |
| 1 Month | -0.86% | -0.89% | -0.94% |
| 3 Months | -5.01% | -5.13% | -4.84% |
| Since Inception | 28.31% | 28.31% | 29.14% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | 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 |
| 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 |
| 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 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.