BATS | ETF
The index measures the performance of companies within the S&P 500 Index® (the "S&P 500") that have had positive free cash flow (FCF) for at least 10 consecutive years and simultaneously have high FCF margin and high FCF return on invested capital (ROIC).
Under normal circumstances, at least 80% of the fund"s net assets (plus any borrowings for investment purposes) will be invested in equity securities that are the component securities of the index.
The fund is non-diversified.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 6.40% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 5.72% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 5.30% |
| MA | Mastercard Inc | Financial Services | Credit Services | 4.68% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.67% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.60% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.59% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 4.42% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 4.16% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.83% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.63% |