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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 05/05/25

Inception Date 07/10/23
Total Expense Ratio 0.25%
Net Assets $10.34 million
NAV $29.53
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 05/02/25

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 0.48%

Distributions As of 05/05/25

30-Day SEC Yield 2.40%
Trailing 12-Month Distribution (%) 1 2.29%
Distribution Rate 2 2.35%
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 05/05/25

NAV $29.53 Daily Change -$0.20 -0.67%
Market Price $29.55 Daily Change -$0.18 -0.61%

Performance History

As of recent
(03/31/25)
As of recent
(03/31/25)
Fund NAV Market Price Index
1 Year 0.13% 0.03% 0.56%
Since Inception 13.97% 14.01% 14.41%
1 Year 0.23% 0.13% 0.64%
Since Inception 9.95% 9.99% 10.35%
Year-to-Date -1.01% -0.95% -0.80%
1 Month -2.34% -2.27% -2.31%
3 Months -1.01% -0.95% -0.80%
Since Inception 25.32% 25.39% 26.15%
Year-to-Date -6.23% -6.16% -6.03%
1 Month -5.27% -5.27% -5.28%
3 Months -8.27% -8.24% -8.34%
Since Inception 18.71% 18.79% 19.49%

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 05/02/25

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.17 MO ALTRIA GROUP INC 2692632 59.61 3,780 225,325.80
2.08 UAL UNITED AIRLINES B4QG225 74.07 2,914 215,839.98
2.02 NRG NRG ENERGY INC 2212922 116.64 1,795 209,368.80
2.01 LEN LENNAR CORP-A 2511920 110.20 1,894 208,718.80
1.98 MPC MARATHON PETROLEUM CORP B3K3L40 141.55 1,455 205,955.25
1.96 TGT TARGET CORP 2259101 97.37 2,094 203,892.78
1.95 EXPE EXPEDIA GROUP INC B748CK2 161.79 1,248 201,913.92
1.94 GEN GEN DIGITAL INC BJN4XN5 25.93 7,783 201,813.19
1.90 VLO VALERO ENERGY CORP 2041364 118.93 1,659 197,304.87
1.90 HPQ HP INC BYX4D52 25.95 7,590 196,960.50
1.87 MRK MERCK & CO. INC. 2778844 83.18 2,328 193,643.04
1.86 QCOM QUALCOMM INC 2714923 139.81 1,383 193,357.23
1.86 EOG EOG RESOURCES INC 2318024 110.86 1,741 193,007.26
1.83 BIIB BIOGEN INC 2455965 123.53 1,538 189,989.14
1.81 FANG DIAMONDBACK ENERGY INC B7Y8YR3 136.81 1,377 188,387.37
1.79 ZM ZOOM COMMUNICATIONS INC BGSP7M9 78.23 2,370 185,405.10
1.78 SLB SCHLUMBERGER LTD 2779201 34.73 5,309 184,381.57
1.76 VTRS VIATRIS INC BMWS3X9 8.65 21,090 182,428.50
1.75 CF CF INDUSTRIES HO B0G4K50 80.60 2,255 181,753.00
1.75 HAL HALLIBURTON CO 2405302 20.60 8,800 181,280.00
1.74 BMY BRISTOL-MYERS SQUIBB CO 2126335 50.57 3,566 180,332.62
1.67 WBD WARNER BROS DISCOVERY INC BM8JYX3 8.54 20,271 173,114.34
1.63 WPC WP CAREY INC B826YT8 61.69 2,748 169,524.12
1.53 PHM PULTEGROUP INC 2708841 104.46 1,523 159,092.58
1.45 APTV APTIV PLC BTDN8H1 58.97 2,554 150,609.38
1.44 OMC OMNICOM GROUP 2279303 77.07 1,940 149,515.80
1.39 EME EMCOR GROUP INC 2474164 430.19 335 144,113.65
1.36 PPC PILGRIM'S PRIDE CORP B5L3PZ2 46.14 3,053 140,865.42
1.36 CAG CONAGRA BRANDS INC 2215460 23.86 5,899 140,750.14
1.29 BLDR BUILDERS FIRSTSOURCE INC B0BV2M7 114.13 1,170 133,532.10
1.23 BBY BEST BUY CO INC 2094670 68.07 1,870 127,290.90
1.22 OC OWENS CORNING B1FW7Q2 147.75 859 126,917.25
1.20 ADT ADT INC BFWCP81 8.15 15,291 124,621.65
1.18 CCK CROWN HOLDINGS INC 2427986 96.94 1,267 122,822.98
1.16 TAP MOLSON COORS-B B067BM3 57.56 2,091 120,357.96
1.15 SWKS SKYWORKS SOLUTIONS INC 2961053 66.06 1,799 118,841.94
1.14 GAP GAP INC/THE 2360326 22.99 5,158 118,582.42
1.14 OVV OVINTIV INC BJ01KB6 35.49 3,328 118,110.72
1.10 AVT AVNET INC 2066505 49.72 2,299 114,306.28
1.10 INGR INGREDION INC B7K24P7 132.44 861 114,030.84
1.10 UHS UNIVERSAL HLTH-B 2923785 178.74 636 113,678.64
1.09 ARW ARROW ELECTRONICS INC 2051404 115.15 980 112,847.00
1.06 RL RALPH LAUREN CORP B4V9661 232.63 471 109,568.73
1.05 MTZ MASTEC INC 2155306 140.87 773 108,892.51
0.97 JWN NORDSTROM INC 2641827 24.26 4,149 100,654.74
0.97 UTHR UNITED THERAPEUTICS CORP 2430412 294.60 341 100,458.60
0.96 WCC WESCO INTERNATIONAL INC 2416973 163.03 612 99,774.36
0.93 HOLX HOLOGIC INC 2433530 54.16 1,775 96,134.00
0.91 NXST Nexstar Media Group Inc 2949758 152.66 617 94,191.22
0.90 DBX DROPBOX INC-CLASS A BG0T321 28.61 3,268 93,497.48
0.89 SNX TD SYNNEX CORP 2002554 114.44 811 92,810.84
0.86 FIX COMFORT SYSTEMS USA INC 2036047 432.10 207 89,444.70
0.85 MTCH MATCH GROUP INC BK80XH9 30.69 2,876 88,264.44
0.84 IPG INTERPUBLIC GRP 2466321 25.38 3,422 86,850.36
0.82 CROX CROCS INC B0T7Z62 97.49 871 84,913.79
0.81 IGT INTERNATIONAL GA BVG7F06 16.64 5,064 84,264.96
0.79 HOG HARLEY-DAVIDSON INC 2411053 23.51 3,487 81,979.37
0.78 HRB H&R BLOCK INC 2105505 62.48 1,290 80,599.20
0.78 LYFT LYFT INC-A BJT1RW7 12.65 6,359 80,441.35
0.76 NOV NOV INC BN2RYW9 12.26 6,468 79,297.68
0.74 CHRD CHORD ENERGY CORP BLDDYB1 93.28 827 77,142.56
0.73 PVH PVH CORP B3V9F12 70.24 1,082 75,999.68
0.71 CIVI CIVITAS RESOURCES INC BMG9GG2 28.87 2,534 73,156.58
0.68 BLD TOPBUILD CORP BZ0P3W2 301.21 234 70,483.14
0.68 DXC DXC TECHNOLOGY CO BYXD7B3 16.07 4,386 70,483.02
0.67 BWA BORGWARNER INC 2111955 29.28 2,375 69,540.00
0.66 ETSY ETSY INC BWTN5N1 44.30 1,547 68,532.10
0.64 MUR MURPHY OIL CORP 2611206 21.78 3,056 66,559.68
0.60 MHK MOHAWK INDUSTRIES INC 2598699 104.69 598 62,604.62
0.60 LEVI LEVI STRAUSS-A BHRWS81 16.21 3,827 62,035.67
0.60 DDS DILLARDS INC-CL A 2269768 363.44 170 61,784.80
0.58 DINO HF SINCLAIR CORP BMZQ9C1 32.01 1,896 60,690.96
0.53 MLI MUELLER INDUSTRIES INC 2609717 75.55 722 54,547.10
0.52 FMC FMC CORP 2328603 37.78 1,431 54,063.18
0.52 NEU NEWMARKET CORP B01CGF1 627.99 86 54,007.14
0.50 LNTH LANTHEUS HOLDINGS INC BP8S8J5 108.74 481 52,303.94
0.50 VMI VALMONT INDUSTRIES 2926825 307.43 170 52,263.10
0.50 GNRC GENERAC HOLDINGS INC B6197Q2 114.56 453 51,895.68
0.49 LEA LEAR CORP B570P91 86.81 586 50,870.66
0.49 THO THOR INDUSTRIES INC 2889876 75.06 677 50,815.62
0.47 MAT MATTEL INC 2572303 16.38 2,972 48,681.36
0.45 SMG SCOTTS MIRACLE-GRO CO 2781518 54.50 856 46,652.00
0.43 CRUS CIRRUS LOGIC INC 2197308 98.20 451 44,288.20
0.38 CBT CABOT CORP 2162500 77.99 507 39,540.93
0.37 UFPI UFP INDUSTRIES INC BMQ60Q1 101.95 376 38,333.20
0.36 RNG RINGCENTRAL INC-CLASS A BDZCRX3 25.82 1,445 37,309.90
0.32 COLM COLUMBIA SPORTSWEAR CO 2229126 59.63 556 33,154.28
0.31 AMKR AMKOR TECHNOLOGY INC 2242929 18.14 1,772 32,144.08
0.29 NVST ENVISTA HOLDINGS CORP BK63SF3 16.99 1,780 30,242.20
0.29 RHI ROBERT HALF INC 2110703 45.41 655 29,743.55
0.26 BILL BILL HOLDINGS INC BKDS4H5 45.30 586 26,545.80
0.25 TDC TERADATA CORP B247H10 22.07 1,184 26,130.88
0.23 AMED AMEDISYS INC 2024332 96.00 244 23,424.00
0.20 TNET TRINET GROUP INC 2693914 80.46 261 21,000.06
0.20 IAC IAC INC BNDYF48 35.31 585 20,656.35
0.20 CRI CARTER'S INC 2980939 34.96 581 20,311.76
0.19 MAN MANPOWERGROUP INC 2562490 44.25 439 19,425.75
0.17 SAM BOSTON BEER COMPANY INC-A 2113393 239.56 73 17,487.88
0.15 IPGP IPG PHOTONICS CORP 2698782 63.80 244 15,567.20
0.14 SHOO STEVEN MADDEN LTD 2553911 21.09 669 14,109.21
0.11 CASH 1.00 10,962 10,961.62
-0.18 OTHER PAYABLE & RECEIVABLES 1.00 -18,425 -18,424.68
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 04/30/25

Sector Weight (%)
Consumer Discretionary 22.4
Energy 15.6
Information Technology 15.0
Industrials 12.2
Health Care 11.2
Consumer Staples 9.3
Communication Services 5.9
Materials 4.8
Utilities 2.0
Real Estate 1.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 15.9
Consumer Durables & Apparel 9.3
Pharmaceuticals, Biotechnology & Life Sciences 8.3
Capital Goods 8.0
Food, Beverage & Tobacco 7.5
Software & Services 6.3
Media & Entertainment 6.0
Technology Hardware & Equipment 5.2
Materials 4.9
Consumer Services 4.8
Automobiles & Components 4.0
Other 19.8

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 05/02/25

Return on Equity 14.80%
Weighted Avg. Market Cap 25,595 M
2024 2025
Price-to-earnings 11.44 10.54
Price-to-book value 1.65 1.48

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 04/30/25

Versus Beta
S&P 500 0.86
NASDAQ-100 0.53
MSCI EAFE 0.80
MSCI Emg. Mkts 0.62
Standard Deviation 15.10%

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.