Invesco S&P 500 Top 50 ETF (XLG) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XLG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XLG
XLG charges 0.20% annually. There are 28 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 160.81B | Nov 2005 | XLG vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 869.20B | May 2000 | XLG vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | XLG vs VOO | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 36.23B | Sep 2000 | XLG vs SPYV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 51.09B | Sep 2000 | XLG vs SPYG |
Best Risk-Adjusted Alternatives to XLG
XLG has a PortfoliosLab risk / return rank of 45. There are 92 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | XLG vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 98 | — | Apr 2025 | XLG vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 97 | 56.60M | May 2024 | XLG vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 96 | — | Jan 2025 | XLG vs PMFB | |
| Calamos S&P 500 Structured Alt Protection ETF - Se... | 96 | 32.20M | Sep 2024 | XLG vs CPST |
Top Performing XLG Alternatives (YTD)
XLG is at 4.68% YTD. There are 88 ETFs in the S&P 500 category with higher YTD returns, going as high as 51.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 51.75% | 75.02M | Nov 2019 | XLG vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 34.90% | 5.46B | Jan 2006 | XLG vs RSPT | |
| Invesco S&P 500 Equal Weight Energy ETF | 33.76% | 573.56M | Nov 2006 | XLG vs RSPG | |
| Direxion Daily S&P 500 Bull 3X ETF | 27.32% | 6.60B | Nov 2008 | XLG vs SPXL | |
| ProShares UltraPro S&P 500 | 26.96% | 5.15B | Jun 2009 | XLG vs UPRO |
Lowest Volatility Alternatives to XLG
XLG has 14.73% 1-year volatility. There are 84 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | XLG vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | XLG vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.67% | 56.60M | May 2024 | XLG vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Se... | 2.02% | 32.20M | Sep 2024 | XLG vs CPST | |
| PGIM S&P 500 Max Buffer ETF - January | 2.02% | 4.58M | Dec 2024 | XLG vs PMJA |
Lowest Drawdown Alternatives to XLG
XLG has a 1-year max drawdown of -12.41%. There are 86 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | XLG vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | XLG vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | XLG vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 26.40M | Jun 2025 | XLG vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | XLG vs PMJN |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 14 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 14.23% | 452.80B | Mar 1999 | XLG vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 51 | 22.35% | 21.05B | Oct 2015 | XLG vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 14.26% | 97.11B | Oct 2020 | XLG vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 79 | 14.26% | 96.96B | Apr 2003 | XLG vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 61.64% | 2.58B | Jun 2021 | XLG vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 65 | 14.14% | 19.45B | Dec 2005 | XLG vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 55 | 12.76% | 4.04B | Oct 2012 | XLG vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 44 | 13.32% | 7.18B | Mar 2005 | XLG vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 58 | 11.63% | 4.08B | Feb 2012 | XLG vs IDMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 45 | 14.49% | 8.26B | Oct 2005 | XLG vs PPA |
Often Compared With XLG
Investors most often compare XLG with SPY, XLK, TOPT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare XLG with Any Fund or Stock
Compare XLG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XLG with funds that move differently
Invesco S&P 500 Top 50 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XLG.
Explore XLG Diversifiers