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ETFs

Invesco S&P 500 Top 50 ETF

XLG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 04 2005
Expense Ratio
0.20%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$14,110,187
AUM
$2,405,304,168
Associated Index
S&P 500 Top 50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
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Microsoft Corporation
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AMZN
Amazon.com Inc.
5.73%
NVDA
NVIDIA Corp
5.02%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.78%
TSLA
Tesla Inc
3.31%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.25%
GOOG
Alphabet Inc - Ordinary Shares - Class C
3.24%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
3.21%
UNH
Unitedhealth Group Inc
2.29%
Invest with XLG

What is XLG?

The Invesco S&P 500 Top 50 ETF (Fund) is based on the S&P 500 Top 50 Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 50 of the largest companies in the S&P 500 Index. The Fund and the Index are rebalanced annually.

ETFs related toXLG

ETFs correlated to XLG include OEF, IWY, IWF

XLG
Invesco Capital Management LLC - Invesco S&P 500 Top 50 ETF
OEF
BlackRock Institutional Trust Company N.A. - iShares S&P 100 ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
TMFC
Rbb Fund Inc - Motley Fool 100 Index ETF
SPUS
Tidal ETF Trust - SP Funds S&P 500 Sharia Industry Exclusions ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXLG

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Category

Featured, Technology Focus

Risk Rating

Aggressive

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Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with XLG using Composer

FAQ

XLG is a US Equities ETF. The Invesco S&P 500 Top 50 ETF (Fund) is based on the S&P 500 Top 50 Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 50 of the largest companies in the S&P 500 Index. The Fund and the Index are rebalanced annually.

XLG tracks the S&P 500 Top 50 Index.

No, XLG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XLG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XLG is -0.0042%. This is the percent change in the value of XLG over the most recent 1-month period. The 3-month return on XLG is 0.0141%. This is the percent change in the value of XLG over the most recent 3-month period.

The standard deviation of XLG for the past year is 0.19%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XLG include IVV, MDY, and IJR.

ETFs correlated to XLG include OEF, IWY, and IWF.

ETFs that are inversely correlated to XLG include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.