- Issuer
- Global X
- Inception Date
- Apr 15, 2025
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 U.S. Revenue Market Leaders 50 Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $2M
Share Price Chart
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Performance
FLAG Performance Chart
Global X S&P 500 U.S. Market Leaders TOP 50 ETF (FLAG) is up 1.8% since the beginning of the year. FLAG is currently trading at $28 per share.
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Returns By Period
Global X S&P 500 U.S. Market Leaders TOP 50 ETF (FLAG) has returned 1.76% so far this year and 6.70% over the past 12 months.
Global X S&P 500 U.S. Market Leaders TOP 50 ETF
- 1D
- 0.43%
- 1M
- 1.82%
- 6M
- -0.03%
- YTD
- 1.76%
- 1Y
- 6.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.42%
- 1M
- 1.94%
- 6M
- 8.74%
- YTD
- 10.66%
- 1Y
- 21.02%
- 3Y*
- 19.50%
- 5Y*
- 11.63%
- 10Y*
- 13.41%
FLAG Monthly Returns History
Based on dividend-adjusted daily data since Apr 16, 2025, FLAG's average daily return is +0.05%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 75% of months were positive and 25% were negative. The best month was Apr 2026 with a return of +5.4%, while the worst month was Mar 2026 at -6.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.
On a daily basis, FLAG closed higher 53% of trading days. The best single day was Apr 8, 2026 with a return of +2.2%, while the worst single day was Apr 21, 2025 at -2.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.07% | 0.50% | -6.15% | 5.38% | 1.36% | -0.68% | 1.77% | 1.76% | |||||
| 2025 | 2.21% | 0.68% | 3.43% | 0.31% | 2.37% | 2.56% | -0.94% | 0.56% | 0.38% | 12.08% |
Benchmark Metrics
Global X S&P 500 U.S. Market Leaders TOP 50 ETF has an annualized alpha of -5.76%, beta of 0.61, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since April 16, 2025.
- This ETF participated in 86.56% of S&P 500 Index downside but only 41.85% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.61 may look defensive, but with R2 of 0.49 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.49 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -5.76%
- Beta
- 0.61
- R²
- 0.49
- Upside Capture
- 41.85%
- Downside Capture
- 86.56%
Expense Ratio
FLAG has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FLAG ranks 20 for risk / return — in the bottom 20% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X S&P 500 U.S. Market Leaders TOP 50 ETF (FLAG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLAG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.30 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 2.28 | -1.61 |
| Martin ratioReturn relative to average drawdown | 2.23 | 9.88 | -7.66 |
Dividends
Dividend History
Global X S&P 500 U.S. Market Leaders TOP 50 ETF provided a 2.03% dividend yield over the last twelve months, with an annual payout of $0.57 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.57 | $0.37 |
Dividend yield | 2.03% | 1.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X S&P 500 U.S. Market Leaders TOP 50 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.24 | |||||
| 2025 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X S&P 500 U.S. Market Leaders TOP 50 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X S&P 500 U.S. Market Leaders TOP 50 ETF was 9.29%, occurring on Mar 27, 2026. Recovery took 68 trading sessions.
The current Global X S&P 500 U.S. Market Leaders TOP 50 ETF drawdown is 0.28%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -9.29%Mar 2026 | 2mo 13d | 3mo 12d | 5mo 25dJan 2026 - Jul 2026 |
2025 pullback2025 | -4.78%Nov 2025 | 2mo 9d | 1mo 19d | 3mo 28dSep 2025 - Jan 2026 |
2025 selloff2025 | -3.69%Apr 2025 | 5d | 3d | 8dApr 2025 - Apr 2025 |
2025 pullback2025 | -3.12%Aug 2025 | 4d | 14d | 18dJul 2025 - Aug 2025 |
2025 selloff2025 | -2.42%May 2025 | 3d | 14d | 17dMay 2025 - Jun 2025 |
Drawdown Indicators
| FLAG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.29% | -56.78% | +47.49% |
Max Drawdown (1Y)Largest decline over 1 year | -9.29% | -9.10% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.28% | -0.45% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -10.71% | +8.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.09% | +0.68% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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