Model Portfolios | News | Contact

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 12/11/24

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $4.30 million
NAV $33.07
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 12/10/24

Ticker FLOW
Bloomberg Index Ticker GXFLOWT
CUSIP 37960A578
ISIN US37960A5781
Primary Exchange NYSE Arca
Shares Outstanding 130,000
Number of Holdings 99
30-Day Median Bid-Ask Spread 0.46%

Distributions As of 12/11/24

30-Day SEC Yield 1.79%
Trailing 12-Month Distribution (%) 2.05%
Distribution Rate 1.82%
Distribution Frequency Monthly

2Global X ETFs, July 2023. "Introducing the U.S. Cash Flow Kings 100 ETF (FLOW)"

ETF Prices As of 12/11/24

NAV $33.07 Daily Change $0.06 0.18%
Market Price $33.17 Daily Change $0.16 0.48%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 24.34% 24.35% 24.76%
Since Inception 22.73% 22.85% 23.12%
1 Year 26.89% 26.90% 27.34%
Since Inception 24.07% 24.17% 24.47%
Year-to-Date 14.99% 14.93% 15.28%
1 Month 0.94% 1.23% 0.96%
3 Months 7.58% 7.68% 7.67%
Since Inception 28.58% 28.74% 29.09%
Year-to-Date 20.81% 20.73% 21.19%
1 Month 6.91% 6.84% 6.94%
3 Months 6.05% 6.34% 6.13%
Since Inception 35.09% 35.24% 35.70%

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 12/11/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.88 COP CONOCOPHILLIPS 2685717 102.19 1,213 123,956.47
2.51 WBD WARNER BROS DISCOVERY INC BM8JYX3 10.82 9,964 107,810.48
2.23 HPE HEWLETT PACKA BYVYWS0 21.91 4,366 95,659.06
2.19 BMY BRISTOL-MYERS SQUIBB CO 2126335 56.65 1,662 94,152.30
2.15 EXPE EXPEDIA GROUP INC B748CK2 190.29 486 92,480.94
2.07 T AT&T INC 2831811 23.48 3,797 89,153.56
2.07 MO ALTRIA GROUP INC 2692632 54.69 1,629 89,090.01
2.04 CVX CHEVRON CORP 2838555 156.21 561 87,633.81
2.02 ABNB AIRBNB INC-CLASS A BMGYYH4 138.84 626 86,913.84
2.00 CAH CARDINAL HEALTH INC 2175672 117.42 731 85,834.02
1.94 COR CENCORA INC 2795393 231.89 360 83,480.40
1.93 EOG EOG RESOURCES INC 2318024 127.56 651 83,041.56
1.91 GEN GEN DIGITAL INC BJN4XN5 29.92 2,748 82,220.16
1.90 HPQ HP INC BYX4D52 34.55 2,363 81,641.65
1.89 VLO VALERO ENERGY CORP 2041364 133.29 611 81,440.19
1.81 QCOM QUALCOMM INC 2714923 159.83 486 77,677.38
1.81 NUE NUCOR CORP 2651086 138.44 561 77,664.84
1.80 ZM ZOOM COMMUNICATIONS INC BGSP7M9 86.59 893 77,324.87
1.76 MPC MARATHON PETROLEUM CORP B3K3L40 151.97 499 75,833.03
1.73 FANG DIAMONDBACK ENERGY INC B7Y8YR3 163.90 454 74,410.60
1.66 LEN LENNAR CORP-A 2511920 158.16 451 71,330.16
1.65 ADM ARCHER-DANIELS-MIDLAND CO 2047317 52.92 1,338 70,806.96
1.63 DVN DEVON ENERGY CORP 2480677 34.76 2,010 69,867.60
1.52 HAL HALLIBURTON CO 2405302 29.20 2,243 65,495.60
1.40 FOXA FOX CORP - CLASS A BJJMGL2 46.07 1,304 60,075.28
1.37 TPR TAPESTRY INC BF09HX3 62.30 944 58,811.20
1.32 WSM WILLIAMS-SONOMA INC 2967589 190.57 297 56,599.29
1.31 THC TENET HEALTHCARE CORP B8DMK08 140.09 402 56,316.18
1.26 OC OWENS CORNING B1FW7Q2 198.56 272 54,008.32
1.24 TAP MOLSON COORS-B B067BM3 61.39 869 53,347.91
1.23 DOCU DOCUSIGN INC BFYT7B7 94.75 556 52,681.00
1.23 WPC WP CAREY INC B826YT8 55.54 948 52,651.92
1.19 GAP GAP INC/THE 2360326 25.22 2,036 51,347.92
1.17 SNA SNAP-ON INC 2818740 355.83 141 50,172.03
1.15 SWKS SKYWORKS SOLUTIONS INC 2961053 89.41 553 49,443.73
1.14 CAG CONAGRA BRANDS INC 2215460 27.73 1,767 48,998.91
1.14 TWLO TWILIO INC - A BD6P5Q0 112.99 433 48,924.67
1.13 CLF CLEVELAND-CLIFFS INC BYVZ186 11.77 4,111 48,386.47
1.08 PPC PILGRIM'S PRIDE CORP B5L3PZ2 49.99 930 46,490.70
0.99 JBL JABIL INC 2471789 133.69 319 42,647.11
0.98 DINO HF SINCLAIR CORP BMZQ9C1 38.94 1,085 42,249.90
0.95 DXC DXC TECHNOLOGY CO BYXD7B3 21.56 1,893 40,813.08
0.94 ARW ARROW ELECTRONICS INC 2051404 123.07 329 40,490.03
0.92 RL RALPH LAUREN CORP B4V9661 227.41 174 39,569.34
0.91 MTZ MASTEC INC 2155306 137.80 285 39,273.00
0.89 BG BUNGE GLOBAL SA BQ6BPG9 84.79 453 38,409.87
0.89 INGR INGREDION INC B7K24P7 144.43 264 38,129.52
0.84 ADT ADT INC BFWCP81 7.35 4,917 36,115.37
0.83 OVV OVINTIV INC BJ01KB6 42.25 842 35,574.50
0.82 DBX DROPBOX INC-CLASS A BG0T321 30.04 1,175 35,297.00
0.82 WCC WESCO INTERNATIONAL INC 2416973 196.00 180 35,280.00
0.81 SMG SCOTTS MIRACLE-GRO CO 2781518 73.55 474 34,862.70
0.78 SNX TD SYNNEX CORP 2002554 123.12 271 33,365.52
0.77 GRAB GRAB HOLDINGS LTD - CL A BP6NH40 5.40 6,115 33,021.00
0.75 CNM CORE & MAIN INC-CLASS A BNXKS92 53.33 608 32,424.64
0.74 SKX SKECHERS USA INC-CL A 2428042 71.01 448 31,812.48
0.73 PVH PVH CORP B3V9F12 109.76 287 31,501.12
0.73 AGCO AGCO CORP 2010278 98.64 318 31,367.52
0.70 ALSN ALLISON TRANSMIS B4PZ892 114.43 262 29,980.66
0.67 MAT MATTEL INC 2572303 19.19 1,505 28,880.95
0.65 MTCH MATCH GROUP INC BK80XH9 31.48 890 28,017.20
0.62 ETSY ETSY INC BWTN5N1 58.99 449 26,486.51
0.61 MLI MUELLER INDUSTRIES INC 2609717 84.08 312 26,232.96
0.60 BWA BORGWARNER INC 2111955 35.09 735 25,791.15
0.60 COLM COLUMBIA SPORTSWEAR CO 2229126 89.02 288 25,637.76
0.59 MIDD MIDDLEBY CORP 2590930 144.74 175 25,329.50
0.58 CROX CROCS INC B0T7Z62 113.37 219 24,828.03
0.56 UFPI UFP INDUSTRIES INC BMQ60Q1 132.19 181 23,926.39
0.56 DOX AMDOCS LTD 2256908 87.13 274 23,873.62
0.55 IGT INTERNATIONAL GA BVG7F06 19.10 1,232 23,531.20
0.53 DDS DILLARDS INC-CL A 2269768 456.53 50 22,826.50
0.53 MUR MURPHY OIL CORP 2611206 30.71 738 22,663.98
0.51 SEE SEALED AIR CORP 2232793 36.11 609 21,990.99
0.50 HOG HARLEY-DAVIDSON INC 2411053 33.28 648 21,565.44
0.50 CART MAPLEBEAR INC BN4L6W3 41.65 517 21,533.05
0.50 LEA LEAR CORP B570P91 101.82 211 21,484.02
0.48 KRC KILROY REALTY CORP 2495529 40.93 505 20,669.65
0.47 AYI ACUITY BRANDS INC 2818461 323.50 63 20,380.50
0.47 HRB H&R BLOCK INC 2105505 56.32 357 20,106.24
0.46 THO THOR INDUSTRIES INC 2889876 106.00 187 19,822.00
0.44 LEVI LEVI STRAUSS-A BHRWS81 17.48 1,075 18,791.00
0.44 CHRD CHORD ENERGY CORP BLDDYB1 119.46 157 18,755.22
0.43 LPX LOUISIANA-PACIFIC CORP 2535243 117.15 157 18,392.55
0.41 QRVO QORVO INC BR9YYP4 69.06 255 17,610.30
0.39 RNG RINGCENTRAL INC-CLASS A BDZCRX3 41.82 401 16,769.82
0.39 NEU NEWMARKET CORP B01CGF1 538.46 31 16,692.26
0.37 LYFT LYFT INC-A BJT1RW7 15.42 1,035 15,959.70
0.37 UAA UNDER ARMOUR INC-CLASS A B0PZN11 10.30 1,533 15,789.90
0.36 CRUS CIRRUS LOGIC INC 2197308 106.66 146 15,572.36
0.35 AMKR AMKOR TECHNOLOGY INC 2242929 26.69 565 15,079.85
0.35 ZI ZOOMINFO TECHNOLOGIES INC BMWF095 10.77 1,400 15,078.00
0.28 APLE APPLE HOSPITALIT BXRTX56 16.24 750 12,180.00
0.27 MSM MSC INDL DIRECT 2567655 83.89 140 11,744.60
0.25 NVST ENVISTA HOLDINGS CORP BK63SF3 20.52 528 10,834.56
0.24 TDC TERADATA CORP B247H10 32.57 318 10,357.26
0.24 CRI CARTER'S INC 2980939 54.55 185 10,091.75
0.20 MAN MANPOWERGROUP INC 2562490 61.00 138 8,418.00
0.18 IPGP IPG PHOTONICS CORP 2698782 77.73 98 7,617.54
0.17 SHOO STEVEN MADDEN LTD 2553911 44.01 162 7,129.62
0.13 OTHER PAYABLE & RECEIVABLES 1.00 5,455 5,454.61
0.00 CASH 1.00 -28 -27.83
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 11/30/24

Sector Weight (%)
Consumer Discretionary 19.7
Information Technology 19.4
Energy 19.0
Industrials 10.2
Consumer Staples 9.1
Health Care 8.0
Communication Services 6.9
Materials 5.3
Real Estate 2.0
Financials 0.5

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 19.0
Food, Beverage & Tobacco 9.1
Capital Goods 8.9
Software & Services 8.5
Consumer Durables & Apparel 8.4
Technology Hardware & Equipment 6.9
Consumer Services 5.9
Health Care Equipment & Services 5.7
Materials 5.3
Media & Entertainment 4.8
Semiconductors & Semiconductor Equipment 4.0
Other 13.5

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 12/10/24

Return on Equity 12.20%
Weighted Avg. Market Cap 43,406 M
2023 2024
Price-to-earnings 12.53 16.91
Price-to-book value 2.15 2.00

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 11/30/24

Versus Beta
S&P 500 0.83
NASDAQ-100 0.55
MSCI EAFE 0.75
MSCI Emg. Mkts 0.54
Standard Deviation 14.50%

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.