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Launched · SEC filings

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

FLAGNYSE ArcaGlobal XD

$29.030.00 (0.00%)

As of Nov 2, 2026, 10:00 AM ET

D39/ 100

Rank 30 of 42 in Other Major Indexes

D39/100Rank 30 of 42inOther Major Indexes
Intraday session: up, 1 prints from 29.03 to 29.03. Range 29.03 to 29.03. Use the arrow keys to read each point.29.0329.0310 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$2M
1Y total return
+6.8%
Yield · Last 12 months
1.95%
Holdings
51
Avg volume · 30D
224 sh
52W range
low $25.57high $29.14
Launched
Filings
SEC EDGAR

The ETF.net FLAG Grade

D

Score 39 out of 100

Category
Other Major Indexes⁠
Rank
30 of 42
Six-pillar profile for FLAG. Scores out of 100: Cost 49, Risk 50, Mission 38, Tradability 19, Holdings 42, Durability 17. Strongest: Risk (50). Weakest: Durability (17). Leans toward Risk and Cost.

Score 39 of 100 falls in the D 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
40
This cap took
0
Published Score
39 Grade D

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C49 out of 100
    Rank 21 of 42

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D38 out of 100
    Rank 28 of 30

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 21 of 42

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 38 of 42

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 30 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F17 out of 100
    Rank 40 of 42

Our read on FLAG

ETF.net Research

In short

DThe 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

  • 0.29% 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.
  • About 50 holdings, not 500. The leaders carry real weight here instead of being diluted by a long tail of smaller index members.
  • Fully 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

  • Launched in 2025, so there is no long record showing how the screen behaves across a full market cycle.
  • Still a small, lightly traded fund, so bid-ask spreads can run wider than on the household-name index funds in its category.
  • Fifty 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

Holdings pillarC42 out of 100Rank 30 of 40 in Other Major IndexesAs of
Asset class
Stocks
Holdings
51
Top-10 weight
48%
Largest holding
MSFT6.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1MSFTMicrosoft Corp5.95%186$101K819
2ABBVAbbVie Inc5.44%327$91.9K523
3MRKMerck & Co. Inc.5.33%620$90.2K516
4NVDANVIDIA Corp4.93%368$83.3K848
5AMZNAmazon.com Inc4.76%310$80.5K738
6LLYEli Lilly & Co4.55%65$76.9K593
7ANETArista Networks Inc4.49%360$75.9K511
8CSCOCisco Systems Inc4.23%620$71.5K585
9WMTWalmart Inc4.09%611$69.1K469
10UNHUnitedHealth Group Inc4.05%181$68.5K494
11HDHome Depot Inc3.97%231$67.1K451
12VZVerizon Communications Inc3.32%1,313$56.2K437
13PEPPepsico Inc3.11%415$52.6K452
14TJXTjx Companies Inc2.62%312$44.3K428
15COFCapital One Financial Corp2.38%200$40.2K360

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$10,680
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FLAG $10,680. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+5.8%
1 month+6.3%
3 months+2.5%
1 year+6.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+5.8%
2025+13.7%

History from Apr 16, 2025

FLAG in the news

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 30, 2026.
1.95%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

$10,000 in FLAG 1 year ago paid $204 in dividends.

FLAG Risk

Risk pillarC50 out of 100Rank 21 of 42 in Other Major Indexes
How much the fund’s monthly returns vary, scaled to a year.
10.6%
Annualised · 18 months to Oct 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.
0.62
vs 3-month T-bills · 18 months to Oct 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%
18 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.

FMP measures it over up to five years of monthly returns.

FLAG Cost

Compare FLAG and SCHK

Overpaying vs SCHK, cheapest in Other Major Indexes

$5,314

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLAG 0.29%

    $5,952

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • FLAG 0.29%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530FLAG $5,952SCHK $638

Year by year

YearFLAGSCHKOverpaying
10$527$55$472
20$2,044$216$1,828
30$5,952$638$5,314

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