XLG Fees and Costs — Invesco S&P 500 Top 50 ETF
Data updated: 2026-09-28
The net expense ratio is 0.20%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $83K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 6%.
XLG Fees and Expenses
Annual operating expenses and sales charges of XLG. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
XLG Costs Over Time
On $10,000 invested in XLG, assuming 5% a year before costs, total costs come to $128 over 5 years, cutting the return by 0.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $70 | $128 |
| Value after costs | $10,479 | $11,507 | $12,635 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
XLG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $83K
- Bought from dealers (principal trades, not a cost): $5.3B
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $4K (0.000% of average net assets)
XLG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $32K | 38.65% |
| BARCLAYS CAPITAL INC. | $15K | 18.66% |
| INVESCO CAPITAL MARKETS, INC. | $15K | 18.39% |
| WELLS FARGO SECURITIES, LLC | $10K | 12.66% |
| BTIG, LLC | $4K | 4.90% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $2K | 3.02% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 1.65% |
| MIZUHO SECURITIES USA LLC | $687 | 0.84% |
| VIRTU AMERICAS LLC | $560 | 0.68% |
| STUART FRANKEL & CO., INC. | $451 | 0.55% |
XLG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $1.4B | 26.47% |
| GOLDMAN, SACHS & CO. | $1.2B | 22.74% |
| JANE STREET CAPITAL, LLC | $863.3M | 16.43% |
| CITADEL SECURITIES LLC | $634.9M | 12.08% |
| BNY MELLON CAPITAL MARKETS, LLC | $296.9M | 5.65% |
| VIRTU AMERICAS LLC | $294.4M | 5.60% |
| ABN AMRO Clearing USA LLC | $262.7M | 5.00% |
| RBC CAPITAL MARKETS, LLC | $174.7M | 3.32% |
| MORGAN STANLEY & CO. LLC | $135.9M | 2.59% |
| BNP PARIBAS SECURITIES CORP. | $6.0M | 0.11% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.