NAV | $31.47 | Daily Change | -$0.02 | -0.06% |
Market Price | $31.53 | Daily Change | $0.01 | 0.03% |
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 | $4.09 million |
NAV | $31.47 |
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 | 130,000 |
Number of Holdings | 100 |
30-Day Median Bid-Ask Spread | 0.47% |
30-Day SEC Yield | 1.92% |
Trailing 12-Month Distribution (%) | 2.10% |
Distribution Rate | 2.00% |
Distribution Frequency | Monthly |
2Global X ETFs, July 2023. "Introducing the U.S. Cash Flow Kings 100 ETF (FLOW)"
NAV | $31.47 | Daily Change | -$0.02 | -0.06% |
Market Price | $31.53 | Daily Change | $0.01 | 0.03% |
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | 24.34% | 24.35% | 24.76% |
Since Inception | 22.73% | 22.85% | 23.12% |
1 Year | 26.89% | 26.98% | 27.38% |
Since Inception | 19.51% | 19.68% | 19.90% |
Year-to-Date | 14.99% | 14.93% | 15.28% |
1 Month | 0.94% | 1.23% | 0.96% |
3 Months | 7.58% | 7.68% | 7.67% |
Since Inception | 28.58% | 28.74% | 29.09% |
Year-to-Date | 12.99% | 13.01% | 13.32% |
1 Month | -1.74% | -1.67% | -1.70% |
3 Months | -0.78% | -0.68% | -0.69% |
Since Inception | 26.35% | 26.59% | 26.89% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
2.27 | BMY | BRISTOL-MYERS SQUIBB CO | 2126335 | 55.77 | 1,662 | 92,689.74 |
2.17 | MO | ALTRIA GROUP INC | 2692632 | 54.46 | 1,629 | 88,715.34 |
2.10 | T | AT&T INC | 2831811 | 22.54 | 3,815 | 85,990.10 |
2.08 | HPE | HEWLETT PACKA | BYVYWS0 | 19.49 | 4,366 | 85,093.34 |
2.06 | ABNB | AIRBNB INC-CLASS A | BMGYYH4 | 134.79 | 626 | 84,378.54 |
2.05 | CVX | CHEVRON CORP | 2838555 | 148.82 | 564 | 83,934.48 |
2.05 | HPQ | HP INC | BYX4D52 | 35.52 | 2,363 | 83,933.76 |
2.01 | COR | CENCORA INC | 2795393 | 228.08 | 360 | 82,108.80 |
2.00 | COP | CONOCOPHILLIPS | 2685717 | 109.54 | 747 | 81,826.38 |
1.98 | WBD | WARNER BROS DISCOVERY INC | BM8JYX3 | 8.13 | 9,964 | 81,007.32 |
1.97 | GEN | GEN DIGITAL INC | BJN4XN5 | 29.11 | 2,763 | 80,430.93 |
1.96 | FANG | DIAMONDBACK ENERGY INC | B7Y8YR3 | 176.77 | 454 | 80,253.58 |
1.95 | CAH | CARDINAL HEALTH INC | 2175672 | 108.52 | 735 | 79,762.20 |
1.95 | NUE | NUCOR CORP | 2651086 | 141.84 | 561 | 79,572.24 |
1.94 | EOG | EOG RESOURCES INC | 2318024 | 121.96 | 651 | 79,395.96 |
1.94 | VLO | VALERO ENERGY CORP | 2041364 | 129.76 | 611 | 79,283.36 |
1.93 | QCOM | QUALCOMM INC | 2714923 | 162.77 | 486 | 79,106.22 |
1.90 | DVN | DEVON ENERGY CORP | 2480677 | 38.68 | 2,010 | 77,746.80 |
1.88 | LEN | LENNAR CORP-A | 2511920 | 170.30 | 451 | 76,805.30 |
1.87 | EXPE | EXPEDIA GROUP INC | B748CK2 | 156.31 | 489 | 76,435.59 |
1.81 | ADM | ARCHER-DANIELS-MIDLAND CO | 2047317 | 55.21 | 1,338 | 73,870.98 |
1.77 | MPC | MARATHON PETROLEUM CORP | B3K3L40 | 145.47 | 499 | 72,589.53 |
1.63 | ZM | ZOOM VIDEO COM-A | BGSP7M9 | 74.74 | 893 | 66,742.82 |
1.52 | THC | TENET HEALTHCARE CORP | B8DMK08 | 155.02 | 402 | 62,318.04 |
1.52 | HAL | HALLIBURTON CO | 2405302 | 27.74 | 2,243 | 62,220.82 |
1.34 | FOXA | FOX CORP - CLASS A | BJJMGL2 | 42.00 | 1,304 | 54,768.00 |
1.30 | CLF | CLEVELAND-CLIFFS INC | BYVZ186 | 12.98 | 4,111 | 53,360.78 |
1.30 | WPC | WP CAREY INC | B826YT8 | 55.72 | 957 | 53,324.04 |
1.25 | CAG | CONAGRA BRANDS INC | 2215460 | 28.94 | 1,767 | 51,136.98 |
1.24 | MRO | MARATHON OIL CORP | 2910970 | 27.70 | 1,831 | 50,718.70 |
1.18 | SWKS | SKYWORKS SOLUTIONS INC | 2961053 | 87.58 | 553 | 48,431.74 |
1.18 | OC | OWENS CORNING | B1FW7Q2 | 176.79 | 272 | 48,086.88 |
1.16 | TAP | MOLSON COORS-B | B067BM3 | 54.47 | 869 | 47,334.43 |
1.14 | SNA | SNAP-ON INC | 2818740 | 330.13 | 141 | 46,548.33 |
1.10 | PPC | PILGRIM'S PRIDE CORP | B5L3PZ2 | 48.44 | 930 | 45,049.20 |
1.10 | TPR | TAPESTRY INC | BF09HX3 | 47.45 | 944 | 44,792.80 |
1.03 | GAP | GAP INC/THE | 2360326 | 20.77 | 2,036 | 42,287.72 |
1.02 | DINO | HF SINCLAIR CORP | BMZQ9C1 | 38.61 | 1,085 | 41,891.85 |
1.01 | SMG | SCOTTS MIRACLE-GRO CO | 2781518 | 86.98 | 474 | 41,228.52 |
0.99 | WSM | WILLIAMS-SONOMA INC | 2967589 | 134.13 | 301 | 40,373.13 |
0.96 | JBL | JABIL INC | 2471789 | 123.09 | 319 | 39,265.71 |
0.95 | ARW | ARROW ELECTRONICS INC | 2051404 | 118.67 | 329 | 39,042.43 |
0.94 | DOCU | DOCUSIGN INC | BFYT7B7 | 69.38 | 556 | 38,575.28 |
0.93 | BG | BUNGE GLOBAL SA | BQ6BPG9 | 84.02 | 453 | 38,061.06 |
0.92 | DXC | DXC TECHNOLOGY CO | BYXD7B3 | 19.86 | 1,893 | 37,594.98 |
0.87 | ADT | ADT INC | BFWCP81 | 7.20 | 4,917 | 35,402.40 |
0.86 | INGR | INGREDION INC | B7K24P7 | 132.76 | 264 | 35,048.64 |
0.86 | MTZ | MASTEC INC | 2155306 | 122.89 | 285 | 35,023.65 |
0.85 | TWLO | TWILIO INC - A | BD6P5Q0 | 80.65 | 433 | 34,921.45 |
0.85 | WCC | WESCO INTERNATIONAL INC | 2416973 | 191.97 | 180 | 34,554.60 |
0.84 | RL | RALPH LAUREN CORP | B4V9661 | 197.93 | 174 | 34,439.82 |
0.81 | OVV | OVINTIV INC | BJ01KB6 | 39.20 | 842 | 33,006.40 |
0.78 | MTCH | MATCH GROUP INC | BK80XH9 | 36.03 | 890 | 32,066.70 |
0.78 | AGCO | AGCO CORP | 2010278 | 99.84 | 318 | 31,749.12 |
0.76 | SNX | TD SYNNEX CORP | 2002554 | 115.35 | 271 | 31,259.85 |
0.75 | MAT | MATTEL INC | 2572303 | 20.38 | 1,505 | 30,671.90 |
0.74 | DBX | DROPBOX INC-CLASS A | BG0T321 | 25.85 | 1,175 | 30,373.75 |
0.69 | PVH | PVH CORP | B3V9F12 | 98.46 | 287 | 28,258.02 |
0.68 | ALSN | ALLISON TRANSMIS | B4PZ892 | 106.86 | 262 | 27,997.32 |
0.67 | SKX | SKECHERS USA INC-CL A | 2428042 | 61.46 | 448 | 27,534.08 |
0.66 | CNM | CORE & MAIN INC-CLASS A | BNXKS92 | 44.28 | 608 | 26,922.24 |
0.63 | MLI | MUELLER INDUSTRIES INC | 2609717 | 81.97 | 312 | 25,574.64 |
0.61 | IGT | INTERNATIONAL GA | BVG7F06 | 20.32 | 1,232 | 25,034.24 |
0.61 | GRAB | GRAB HOLDINGS LTD - CL A | BP6NH40 | 4.08 | 6,115 | 24,949.20 |
0.60 | BWA | BORGWARNER INC | 2111955 | 33.63 | 735 | 24,718.05 |
0.59 | DOX | AMDOCS LTD | 2256908 | 87.75 | 274 | 24,042.13 |
0.58 | CROX | CROCS INC | B0T7Z62 | 107.82 | 219 | 23,612.58 |
0.57 | MUR | MURPHY OIL CORP | 2611206 | 31.48 | 738 | 23,232.24 |
0.57 | COLM | COLUMBIA SPORTSWEAR CO | 2229126 | 80.47 | 288 | 23,175.36 |
0.56 | ETSY | ETSY INC | BWTN5N1 | 51.44 | 449 | 23,096.56 |
0.56 | CART | MAPLEBEAR INC | BN4L6W3 | 44.10 | 517 | 22,799.70 |
0.56 | MIDD | MIDDLEBY CORP | 2590930 | 129.70 | 175 | 22,697.50 |
0.54 | UFPI | UFP INDUSTRIES INC | BMQ60Q1 | 122.34 | 181 | 22,143.54 |
0.54 | SEE | SEALED AIR CORP | 2232793 | 36.18 | 609 | 22,033.62 |
0.52 | HRB | H&R BLOCK INC | 2105505 | 59.73 | 357 | 21,323.61 |
0.51 | HOG | HARLEY-DAVIDSON INC | 2411053 | 31.95 | 648 | 20,703.60 |
0.50 | KRC | KILROY REALTY CORP | 2495529 | 40.22 | 505 | 20,311.10 |
0.49 | LEA | LEAR CORP | B570P91 | 95.76 | 211 | 20,205.36 |
0.48 | CHRD | CHORD ENERGY CORP | BLDDYB1 | 125.10 | 157 | 19,640.70 |
0.47 | THO | THOR INDUSTRIES INC | 2889876 | 103.58 | 187 | 19,369.46 |
0.46 | DDS | DILLARDS INC-CL A | 2269768 | 371.52 | 51 | 18,947.52 |
0.46 | AYI | ACUITY BRANDS INC | 2818461 | 300.69 | 63 | 18,943.47 |
0.45 | LEVI | LEVI STRAUSS-A | BHRWS81 | 17.09 | 1,075 | 18,371.75 |
0.44 | QRVO | QORVO INC | BR9YYP4 | 71.26 | 255 | 18,171.30 |
0.40 | NEU | NEWMARKET CORP | B01CGF1 | 524.97 | 31 | 16,274.07 |
0.39 | CRUS | CIRRUS LOGIC INC | 2197308 | 109.82 | 146 | 16,033.72 |
0.38 | LPX | LOUISIANA-PACIFIC CORP | 2535243 | 98.90 | 157 | 15,527.30 |
0.38 | ZI | ZOOMINFO TECHNOLOGIES INC | BMWF095 | 11.05 | 1,400 | 15,470.00 |
0.35 | RNG | RINGCENTRAL INC-CLASS A | BDZCRX3 | 36.01 | 401 | 14,440.01 |
0.35 | AMKR | AMKOR TECHNOLOGY INC | 2242929 | 25.45 | 565 | 14,379.25 |
0.33 | LYFT | LYFT INC-A | BJT1RW7 | 12.97 | 1,035 | 13,423.95 |
0.32 | UAA | UNDER ARMOUR INC-CLASS A | B0PZN11 | 8.55 | 1,533 | 13,107.15 |
0.27 | APLE | APPLE HOSPITALIT | BXRTX56 | 14.77 | 750 | 11,077.50 |
0.27 | NVST | ENVISTA HOLDINGS CORP | BK63SF3 | 20.97 | 528 | 11,072.16 |
0.27 | MSM | MSC INDL DIRECT | 2567655 | 79.07 | 140 | 11,069.80 |
0.25 | TDC | TERADATA CORP | B247H10 | 32.23 | 318 | 10,249.14 |
0.25 | CRI | CARTER'S INC | 2980939 | 54.70 | 185 | 10,119.50 |
0.21 | MAN | MANPOWERGROUP INC | 2562490 | 62.85 | 138 | 8,673.30 |
0.19 | IPGP | IPG PHOTONICS CORP | 2698782 | 80.96 | 98 | 7,934.08 |
0.18 | SHOO | STEVEN MADDEN LTD | 2553911 | 44.97 | 162 | 7,285.14 |
0.07 | OTHER PAYABLE & RECEIVABLES | 1.00 | 2,786 | 2,786.34 | ||
0.06 | CASH | 1.00 | 2,326 | 2,326.05 |
Sector | Weight (%) | |
---|---|---|
Energy | 20.0 | |
Consumer Discretionary | 19.6 | |
Information Technology | 19.3 | |
Consumer Staples | 9.3 | |
Industrials | 9.2 | |
Health Care | 7.9 | |
Communication Services | 6.4 | |
Materials | 5.7 | |
Real Estate | 2.1 | |
Financials | 0.5 |
Industry | Weight (%) | |
---|---|---|
Energy | 19.9 | |
Food, Beverage & Tobacco | 9.3 | |
Consumer Durables & Apparel | 8.6 | |
Capital Goods | 8.1 | |
Software & Services | 7.5 | |
Technology Hardware & Equipment | 7.1 | |
Health Care Equipment & Services | 5.7 | |
Materials | 5.7 | |
Consumer Services | 5.7 | |
Semiconductors & Semiconductor Equipment | 4.7 | |
Media & Entertainment | 4.4 | |
Other | 13.3 |
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.