(XLG) Invesco SP500 Top 50 - Ratings and Ratios

The Invesco S&P 500® Top 50 ETF (XLG) is designed to track the performance of the 50 largest companies within the S&P 500® Index, based on float-adjusted market capitalization. The fund invests at least 90% of its total assets in the securities that make up its underlying index, which is constructed and maintained by an independent index provider. This provider ensures the index reflects the largest and most stable companies in the S&P 500, weighted by their float-adjusted market cap.

XLG is classified as a non-diversified fund, meaning it can concentrate its holdings in a smaller number of securities compared to diversified funds. This focus allows the ETF to capture the performance of the S&P 500s top tier, which often includes well-established, market-leading firms. The fund’s structure makes it a targeted way for investors to gain exposure to the largest U.S. companies without the need for individual stock selection.

As of recent data, XLG has approximately $8.3 billion in assets under management (AUM), making it a substantial player in the large-cap ETF category. The fund is listed on the NYSE ARCA exchange under the ticker symbol XLG. Invesco, the issuer, is a well-known global investment management firm based in the United States. While the fund does not provide explicit P/E, P/B, or P/S ratios, its composition of the largest S&P 500 companies typically implies a blend of growth and value characteristics.