The Global X S&P 500 U.S. Market Leaders Top 50 ETF (FLAG) invests in top 50 U.S.-listed and domiciled companies within the S&P 500 that generate at least 50% of their revenue in the U.S, excluding the real estate sector. Companies are ranked based on the S&P Market Leader Score, a quality screen developed by S&P which measures sustained free cash flow margin, sustained return on invested capital, and market share. The index uses a modified market-cap weighting to balance exposure and prevent over-concentration in the largest companies, providing a selective approach to U.S. market leadership.
The FLAG ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. We're working to retrieve all detailed holdings information.