(XLG) SP500 Top 50 - Overview

The Invesco S&P 500® Top 50 ETF (XLG) seeks to track an index that holds the 50 largest S&P 500® constituents by float-adjusted market cap, investing at least 90% of assets in those securities. The index is market-cap weighted and the fund is classified as non-diversified.

Key metrics as of early 2026: the ETF carries an expense ratio of 0.10%, manages roughly $2.3 billion in assets, and its top five holdings are Apple, Microsoft, Amazon, Alphabet and Berkshire Hathaway, together representing about 30% of the portfolio.

Sector exposure is heavily tilted toward Technology (≈ 45% of assets) and Financials (≈ 15%). Recent performance has been driven by strong corporate earnings in tech and a supportive monetary environment as the Federal Reserve maintains rates near 5.25%, bolstering valuation momentum.

For a deeper dive into how XLG fits into a broader value-oriented strategy, you might explore additional analysis on ValueRay.

• S&P 500 Top 50 index performance dictates XLG returns
• Large-cap stock market volatility impacts fund value
• Top 50 companies earnings growth drives XLG performance
• Regulatory changes affecting mega-cap firms create risk