Invesco S&P 500 Top 50 ETF (XLG) is a stable choice for investors with medium risk.

From Nasdaq: 2024-09-02 06:20:08

The Invesco S&P 500 Top 50 ETF (XLG) launched in 2005, providing exposure to the Large Cap Blend segment of the US equity market. With over $6.45 billion in assets, it’s one of the largest ETFs in this space, making it a stable choice for investors looking for a mix of growth and value stocks.

XLG has a significant allocation to the Information Technology sector, with Apple Inc, Microsoft Corp, and Nvidia Corp as top holdings. The top 10 holdings make up 57.55% of assets, offering diversification. The ETF aims to track the S&P 500 Top 50 Index, leading to gains of about 23.79% this year.

The ETF has a beta of 1.01 and a standard deviation of 19.22%, indicating medium risk. With 52 holdings, it effectively diversifies company-specific risk. While XLG carries a Zacks ETF Rank of 3 (Hold), investors may consider alternatives like iShares Core S&P 500 ETF (IVV) or SPDR S&P 500 ETF (SPY) for exposure to the Large Cap Blend area.



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