Invesco S&P 500 Top 50 ETF (XLG)
Invesco S&P 500 Top 50 ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $64.30, up 0.59% on the session, giving a market capitalisation of $10.66B. Its beta of 1.06 implies it has historically moved more than the broad market.
The Invesco S&P 500 Top 50 ETF (Fund) is designed to track the performance of the S&P 500 Top 50 Index. To achieve its objective, the Fund commits a minimum of 90% of its total assets to investments in the securities that comprise this underlying index. The S&P 500 Top 50 Index itself is composed of the fifty largest companies selected from the broader S&P 500 Index. Both the Fund and its benchmark index are subject to annual rebalancing.
Invesco S&P 500 Top 50 ETF is most often compared with the following Financial Services names: