Product ResearchResearch-DrivenCore
Introducing the U.S. Cash Flow Kings™ 100 ETF (FLOW)
R
Content loaded
Get the latest news and updates from our team.
SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA, 19456) is the distributor for the Global X Funds.
Check the background of SIDCO and Global X's Registered Representatives on FINRA's BrokerCheck.
U.S. Cash Flow Kings™ 100 ETF
FLOW can complement a core income equity allocation by providing targeted exposure to U.S. companies with the highest free cash flow yields, a metric associated with quality, growth, and value factor characteristics whose effects reinforce one another.
In an environment of elevated interest rates, this approach can serve as an alternative to free-float market capitalization-weighted portfolios, potentially capturing companies with greater corporate flexibility and balance sheet strength. Industry and individual constituent caps further help manage idiosyncratic risk within a portfolio, seeking to position investors for potential future developments as the income landscape evolves.
The Global X U.S. Cash Flow Kings™ 100 ETF 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.
The Global X U.S. Cash Flow Kings™ 100 ETF allows investors to buy and sell a basket of U.S. equities that have high free cash flow yields,* with the tax efficiency of an ETF.
*Free 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.
Free cash flow, the primary screening criteria for our U.S. Cash Flow Kings™ 100 ETF, can be an important measure of business health.
Rohan Reddy
The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
The financial statements include the Fund's disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
Overall rating out of 378 Mid-Cap Value funds, based on risk-adjusted returns as of Sep 30, 2026.
As of Oct 14, 2026
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 2.36% | ACN | ACCENTURE PLC-CL A | B4BNMY3 | $214.96 | 3,684 | $791,913 |
| 2.27% | MPC | MARATHON PETROLEUM CORP | B3K3L40 | $484.92 | 1,572 | $762,294 |
| 2.22% | VLO |
Holdings are subject to change. "Cash" denotes U.S. dollars.
Oct 14, 2026
30-Day SEC Yield
1.47%
Trailing 12-Month Distribution (%)1
1.75%
Distribution Rate2
1.49%
Metric | 1 Year | 3 Year | Since Inception |
|---|---|---|---|
Fund NAV | +21.48% | +18.77% | +18.57% |
Market Price | +21.62% | +18.79% | +18.63% |
Index | +21.95% | +19.23% | +19.01% |
As of Oct 14, 2026
As of Oct 14, 2026
As of Oct 14, 2026
What is Premium/Discount Chart?
How can the Fund trade at a premium/discount to its NAV?
What causes these time discrepancies?
As of Oct 14, 2026
As of Sep 30, 2026
| Sector | Weight (%) |
|---|---|
Consumer Discretionary | 22.32% |
Information Technology | 22.04% |
Energy | 19.27% |
Health Care | 10.02% |
Communication Services | 8.42% |
Consumer Staples | 6.61% |
Industrials | 5.08% |
Materials | 4.83% |
Financials | 0.80% |
Real Estate | 0.61% |
| Sector | Weight (%) |
|---|---|
Consumer Discretionary | 22.32% |
Information Technology | 22.04% |
Energy | 19.27% |
Health Care | 10.02% |
Communication Services | 8.42% |
Source: AltaVista Research, LLC
All Sector, Industry, Commodity and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
As of Sep 30, 2026
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 yield measures how much cash a company generates after covering its operating costs and capital investments, relative to its total business value. Unlike simpler valuation metrics, it accounts for both equity and debt, making it easier to compare companies across sectors with very different financial structures. Companies with high free cash flow yields tend to have stronger liquidity and may be attractively valued relative to peers. Free cash flow is a measure of profitability that correlates with quality, growth and value factor orientations, 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%.
Distributions may contain return of capital.
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.
The Index is designed to track the performance of large- and mid-cap U.S. companies that exhibit high free cash flow yield, where free cash flow is the cash a company generates after accounting for expenditures and free cash flow yield is measured as last twelve month free cash flow relative to enterprise value. The Index begins with the 1000 largest U.S. companies by market capitalization, removes companies with negative free cash flow, and ranks the remaining constituents by free cash flow yield in descending order, selecting the top 100 companies. The fund provides exposure to high free cash flow yielding U.S. companies across the domestic equity market and seeks to provide a stream of monthly income.
Highlights
As of Oct 14, 2026
As of Oct 14, 2026
| VALERO ENERGY CORP |
| 2041364 |
| $459.78 |
| 1,616 |
| $743,004 |
| 2.17% | CAH | CARDINAL HEALTH INC | 2175672 | $247.74 | 2,937 | $727,612 |
| 2.13% | EOG | EOG RESOURCES INC | 2318024 | $154.19 | 4,631 | $714,054 |
| 2.10% | EQT | EQT CORP | 2319414 | $52.75 | 13,359 | $704,687 |
| 2.09% | MO | ALTRIA GROUP INC | 2692632 | $73.13 | 9,608 | $702,633 |
| 2.08% | OXY | OCCIDENTAL PETROLEUM CORP | 2655408 | $61.41 | 11,352 | $697,126 |
| 2.05% | THC | TENET HEALTHCARE CORP | B8DMK08 | $271.60 | 2,528 | $686,605 |
| 2.05% | FANG | DIAMONDBACK ENERGY INC | B7Y8YR3 | $197.51 | 3,475 | $686,347 |
The Premium/Discount chart demonstrates the difference between the daily market price of shares of the Fund and the Fund's net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.
Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.
Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.
International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.
Consumer Staples |
|---|
| 6.61% |
Industrials | 5.08% |
|---|
Materials | 4.83% |
|---|
Financials | 0.80% |
|---|
Real Estate | 0.61% |
|---|
| Industry | Weight (%) |
|---|---|
Energy | 19.27% |
Software & Services | 18.50% |
Consumer Durables & Apparel | 9.24% |
Media & Entertainment | 8.42% |
Food, Beverage & Tobacco | 6.61% |
Health Care Equipment & Services | 5.98% |
Consumer Services | 5.22% |
Materials | 4.83% |
Consumer Discretionary Distribution & Retail | 4.23% |
Capital Goods | 4.05% |
Pharmaceuticals, Biotechnology & Life Sciences | 4.04% |
Automobiles & Components | 3.63% |
As of Oct 14, 2026
Source: AltaVista Research, LLC
Distribution Frequency
Monthly
Record Date | Payable Date | Amount | |
|---|---|---|---|
| Dec 30, 2026 | Dec 30, 2026 | Jan 5, 2027 | - |
| Dec 3, 2026 | Dec 3, 2026 | Dec 8, 2026 | - |
| Nov 4, 2026 | Nov 4, 2026 | Nov 9, 2026 | - |
| Oct 5, 2026 | Oct 5, 2026 | Oct 8, 2026 | $0.06 |
| Sep 3, 2026 | Sep 3, 2026 | Sep 9, 2026 | $0.05 |
| Aug 5, 2026 | Aug 5, 2026 | Aug 10, 2026 | $0.06 |
| Jul 6, 2026 | Jul 6, 2026 | Jul 9, 2026 | $0.06 |
| Jun 3, 2026 | Jun 3, 2026 | Jun 8, 2026 | $0.06 |
| May 5, 2026 | May 5, 2026 | May 8, 2026 | $0.06 |
| Apr 6, 2026 | Apr 6, 2026 | Apr 9, 2026 | $0.06 |
| Mar 4, 2026 | Mar 4, 2026 | Mar 9, 2026 | $0.07 |
| Feb 4, 2026 | Feb 4, 2026 | Feb 9, 2026 | $0.07 |
The 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. These do not imply rates for any future distributions.
The 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. These do not imply rates for any future distributions.