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Launched · SEC filings

Global X - S&P 500 U.S. Market Leaders Top 50 ETF

FLAGNYSE ArcaC

$28.160.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

C40/ 100

Rank 31 of 43 in Other Major Indexes

C40/100Rank 31 of 43inOther Major Indexes
Intraday session: flat, 1 prints from 28.16 to 28.16. Range 28.16 to 28.16. Use the arrow keys to read each point.27.5029.0010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$2M
1Y total return
+3.9%
Yield · Last 12 months
2.01%
Holdings
51
Avg volume · 30D
0M sh
NAV per share
$28.10
52W range
low $25.57high $29.02
Launched
Filings
SEC EDGAR

The ETF.net FLAG Grade

C

Score 40 out of 100

Category
Other Major Indexes⁠
Rank
31 of 43
Six-pillar profile for FLAG. Scores out of 100: Cost 50, Risk 41, Mission 42, Tradability 26, Holdings 41, Durability 18. Strongest: Cost (50). Weakest: Durability (18). Leans toward Cost.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
41
This cap took
−1
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C50 out of 100
    Rank 21 of 43

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C42 out of 100
    Rank 29 of 31

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 25 of 43

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D26 out of 100
    Rank 34 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C41 out of 100
    Rank 31 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F18 out of 100
    Rank 41 of 43

Our read on FLAG

ETF.net Research

CThe S&P 500, boiled down to the 50 names that rank highest on a profitability-and-quality "Market Leader" screen. Global X charges 0.29% for a concentrated cut of America's biggest earners instead of the full 500.

Stated mandate

The fund seeks to provide investment results that generally correspond, before fees and expenses, to the price and yield performance of the S&P 500® U.S. Revenue Market Leaders 50 Index.

Why people hold it

  1. 010.29% a year undercuts the typical fund in its index-tracking peer group, which is unusual for a rules-based screen rather than plain market-cap weighting.
  2. 02About 50 holdings, not 500. The leaders carry real weight here instead of being diluted by a long tail of smaller index members.
  3. 03Fully rules-driven: it tracks S&P's U.S. Revenue Market Leaders 50 Index, screened on profitability and quality, so stock picks are not left to a manager's mood.globalxetfs.com

Worth knowing

  1. 01Launched in 2025, so there is no long record showing how the screen behaves across a full market cycle.
  2. 02Still a small, lightly traded fund, so bid-ask spreads can run wider than on the household-name index funds in its category.
  3. 03Fifty names concentrate company-specific risk. Broad rivals like SCHK (0.03%) and SPYV (0.04%) spread it far wider for a fraction of the fee.

FLAG Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
51
Top-10 weight
48%
Largest holding
MSFT5.9%

Geography

  • United States99.80%
  • Canada0.20%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMicrosoft Corp5.90%186$100K815
002ABBVAbbVie Inc5.36%327$90K522
003MRKMerck & Co. Inc.5.35%620$90K515
004NVDANVIDIA Corp5.00%368$84K847
005AMZNAmazon.com Inc4.82%310$81K736
006ANETArista Networks Inc4.63%360$78K509
007LLYEli Lilly & Co4.55%65$77K583
008CSCOCisco Systems Inc4.35%620$73K592
009UNHUnitedHealth Group Inc4.07%181$69K481
010WMTWalmart Inc4.03%611$68K460
011HDHome Depot Inc3.98%231$67K442
012VZVerizon Communications Inc3.24%1,313$55K437
013PEPPepsico Inc3.10%415$52K445
014TJXTjx Companies Inc2.57%312$43K422
015COFCapital One Financial Corp2.36%200$40K353

Showing 1–15 of 51 holdings

FLAG Performance

Launched Apr 15, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
FLAG$10,387
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. FLAG $10,387. SPY $12,044. Use the arrow keys to read each point.$9,134$10,705$12,276Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FLAG. Periods over one year show the average yearly return.
PeriodFLAG
Year to date+2.6%
1 month+0.6%
3 months+0.9%
1 year+3.9%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FLAG
YearReturn barFLAG
2026 YTD+2.6%
2025+13.7%

History from Apr 16, 2025

FLAG in the news

Filtered to FLAG · Other Major Indexes

FLAG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
2.01%Last 12 months
Payout per share
$0.57Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2025–2026

One bar per payment. 3 payments from 2025 to 2026 YTD. Jun 27, 2025 $0.04; Dec 30, 2025 $0.33; Jun 29, 2026 $0.24. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 2, 2026$0.24
Dec 30, 2025Jan 7, 2026$0.33
Jun 27, 2025Jul 7, 2025$0.04

FLAG Risk

How much the fund’s monthly returns vary, scaled to a year.
9.8%
Annualised · 17 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.28
vs 3-month T-bills · 17 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−9.3%
17 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.61
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FLAG Cost

Expense ratio0.29%
  • The middle half of Other Major Indexes funds
  • Median 0.29%

20 of the 42 Other Major Indexes funds charge less.

FLAG costs $29.00 a year on $10,000. The median Other Major Indexes fund costs $29.00.

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