XLG

Invesco S&P 500 Top 50 ETF

$58.65
+0.00%
Market closed. Last update: 12:29 PM ET

📎 Investment Objective

The Invesco S&P 500 Top 50 ETF (XLG) seeks to track the investment results of an index composed of the 50 largest companies in the S&P 500 Index.

Overview

ETF tracking Invesco S&P 500 Top 50 ETF

Category Sector
Issuer Invesco
Inception Date 2018-04-09
Market Cap $11.1B
Average Volume N/A
Dividend Yield 0.64%
52-Week Range $40.94 - $60.52
VWAP $58.51

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P 500 Top 50 ETF (XLG) seeks to track the investment results of an index composed of the 50 largest companies in the S&P 500 Index.

🎯 Investment Strategy

The fund employs a passive management approach, seeking to replicate the performance of the S&P 500 Top 50 Index. It invests in the common stocks of the 50 largest companies in the S&P 500 Index in proportion to their weightings in the index.

✨ Key Features

  • Provides exposure to the 50 largest companies in the S&P 500 Index
  • Passively managed to track the S&P 500 Top 50 Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad large-cap U.S. equity exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Concentration risk: The fund's performance may be more volatile due to its focus on the 50 largest companies
  • Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The Invesco S&P 500 Top 50 ETF is best suited for investors seeking broad exposure to the largest U.S. companies as part of a diversified portfolio. It may be appropriate for investors with a long-term investment horizon and a moderate risk tolerance.

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