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 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 5.93% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 5.38% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.37% |
| MA | Mastercard Inc | Financial Services | Credit Services | 5.15% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 5.08% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.96% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 4.89% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 4.61% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 4.02% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 3.21% |