Global X Conscious Companies ETF (CPTL) Holdings
CPTL holdings summary
as of Oct 25, 2026- Holdings
- 154 positions listed
- Top 10 weight
- 39.0% of net assets
- Effective holdings
- 48 equal-weight equivalent
- Largest holding
- AAPL 5.22% Apple Inc.
- Annual turnover
- 28.2% of the portfolio traded
Top 1039.0%
Top 2560.8%
Top 5078.8%
Top 10094.7%
All CPTL holdings
154 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. | Technology | 5.22% | $5.9M | $5.01T | 39.4 |
| 2 | MSFT | Microsoft Corporation | Technology | 4.72% | $5.3M | $3.93T | 29.5 |
| 3 | NVDA | NVIDIA Corporation | Technology | 4.37% | $4.9M | $5.17T | 27.1 |
| 4 | TSLA | Tesla, Inc. | Consumer Cyclical | 3.98% | $4.5M | $1.40T | 328.4 |
| 5 | AMZN | Amazon.com, Inc. | Consumer Cyclical | 3.82% | $4.3M | $2.70T | 20.1 |
| 6 | LLY | Eli Lilly and Company | Healthcare | 3.76% | $4.2M | $1.12T | 42.2 |
| 7 | AVGO | Broadcom Inc. | Technology | 3.59% | $4.0M | $1.57T | 43.3 |
| 8 | BRK.B | Berkshire Hathaway Inc. | Financial Services | 3.50% | $3.9M | $1.14T | 13.4 |
| 9 | JPM | JPMorgan Chase & Co. | Financial Services | 3.06% | $3.4M | $902.16B | 14.2 |
| 10 | AMD | Advanced Micro Devices, Inc. | Technology | 2.93% | $3.3M | $863.17B | 134.9 |
| 11 | XOM | Exxon Mobil Corporation | Energy | 2.54% | $2.9M | $735.95B | 23.0 |
| 12 | GOOGL | Alphabet Inc. | Communication Services | 2.23% | $2.5M | $4.17T | 17.1 |
| 13 | GOOG | Alphabet Inc. | Communication Services | 1.80% | $2.0M | $4.12T | 16.9 |
| 14 | COST | Costco Wholesale Corporation | Consumer Defensive | 1.65% | $1.9M | $438.30B | 47.6 |
| 15 | CVX | Chevron Corporation | Energy | 1.45% | $1.6M | $441.34B | 21.2 |
| 16 | CSCO | Cisco Systems, Inc. | Technology | 1.45% | $1.6M | $423.39B | 32.2 |
| 17 | PG | The Procter & Gamble Company | Consumer Defensive | 1.42% | $1.6M | $370.12B | 24.1 |
| 18 | KO | The Coca-Cola Company | Consumer Defensive | 1.38% | $1.5M | $404.01B | 28.2 |
| 19 | PANW | Palo Alto Networks, Inc. | Technology | 1.22% | $1.4M | $279.76B | 855.0 |
| 20 | HD | The Home Depot, Inc. | Consumer Cyclical | 1.20% | $1.3M | $308.91B | 21.5 |
| 21 | PM | Philip Morris International Inc. | Consumer Defensive | 1.19% | $1.3M | $319.83B | 29.5 |
| 22 | CAT | Caterpillar Inc. | Industrials | 1.16% | $1.3M | $335.91B | 31.5 |
| 23 | GCP | General Electric Company | Other | 1.10% | $1.2M | — | — |
| 24 | AMAT | Applied Materials, Inc. | Technology | 1.07% | $1.2M | $324.81B | 35.3 |
| 25 | LRCX | Lam Research Corporation | Technology | 1.02% | $1.1M | $330.30B | 45.8 |
| 26 | RTX | RTX Corporation | Industrials | 1.01% | $1.1M | $261.36B | 34.1 |
| 27 | NFLX | Netflix, Inc. | Communication Services | 0.99% | $1.1M | $293.68B | 22.2 |
| 28 | CRWD | CrowdStrike Holdings, Inc. | Technology | 0.92% | $1.0M | $232.83B | — |
| 29 | TMO | Thermo Fisher Scientific Inc. | Healthcare | 0.91% | $1.0M | $255.13B | 37.1 |
| 30 | AMGN | Amgen Inc. | Healthcare | 0.88% | $983,745.48 | $233.82B | 26.9 |
| 31 | TXN | Texas Instruments Incorporated | Technology | 0.87% | $982,173.82 | $252.49B | 42.1 |
| 32 | IBM | International Business Machines Corporation | Technology | 0.84% | $946,025.70 | $218.71B | 20.6 |
| 33 | LIN | Linde plc | Basic Materials | 0.82% | $923,348.92 | $229.77B | 32.2 |
| 34 | MS | Morgan Stanley | Financial Services | 0.75% | $837,244.53 | $283.60B | 14.3 |
| 35 | GEV | GE Vernova Inc. | Industrials | 0.73% | $821,191.17 | $245.35B | 26.4 |
| 36 | MRVL | Marvell Technology, Inc. | Technology | 0.68% | $759,559.73 | $204.75B | 72.3 |
| 37 | PEP | PepsiCo, Inc. | Consumer Defensive | 0.66% | $742,496.02 | $179.19B | 16.5 |
| 38 | ADI | Analog Devices, Inc. | Technology | 0.65% | $730,596.33 | $191.62B | 47.0 |
| 39 | KLAC | KLA Corporation | Technology | 0.65% | $725,207.78 | $216.29B | 45.3 |
| 40 | MCD | McDonald's Corporation | Consumer Cyclical | 0.64% | $723,411.60 | $171.94B | 19.7 |
| 41 | ANET | Arista Networks, Inc. | Technology | 0.64% | $715,104.27 | $223.21B | 55.8 |
| 42 | NEE | NextEra Energy, Inc. | Utilities | 0.63% | $704,888.50 | $166.46B | 17.9 |
| 43 | COP | ConocoPhillips | Energy | 0.62% | $698,040.56 | $176.01B | 19.4 |
| 44 | WELL | Welltower Inc. | Real Estate | 0.62% | $695,121.77 | $169.23B | 105.3 |
| 45 | NOW | ServiceNow, Inc. | Technology | 0.60% | $675,925.09 | $146.78B | 88.7 |
| 46 | APH | Amphenol Corporation | Technology | 0.60% | $669,301.67 | $195.67B | 39.7 |
| 47 | ISRG | Intuitive Surgical, Inc. | Healthcare | 0.59% | $656,952.93 | $150.74B | 48.9 |
| 48 | BLK | BlackRock, Inc. | Financial Services | 0.57% | $641,348.62 | $184.31B | 25.8 |
| 49 | DE | Deere & Company | Industrials | 0.55% | $620,355.76 | $173.06B | 35.7 |
| 50 | DHR | Danaher Corporation | Healthcare | 0.54% | $607,221.19 | $161.01B | 40.8 |
| 51 | SCHW | The Charles Schwab Corporation | Financial Services | 0.51% | $572,981.51 | $159.03B | 15.7 |
| 52 | SPGI | S&P Global Inc. | Financial Services | 0.47% | $525,382.73 | $126.66B | 26.1 |
| 53 | BKNG | Booking Holdings Inc. | Consumer Cyclical | 0.46% | $511,911.38 | $122.81B | 18.1 |
| 54 | PGR | The Progressive Corporation | Financial Services | 0.45% | $508,543.54 | $126.81B | 11.0 |
| 55 | BMY | Bristol-Myers Squibb Company | Healthcare | 0.45% | $504,389.87 | $122.05B | 13.2 |
| 56 | SYK | Stryker Corporation | Healthcare | 0.44% | $497,990.98 | $113.02B | 30.5 |
| 57 | LMT | Lockheed Martin Corporation | Industrials | 0.44% | $489,908.17 | $127.42B | 20.3 |
| 58 | LOW | Lowe's Companies, Inc. | Consumer Cyclical | 0.42% | $473,068.98 | $110.74B | 16.7 |
| 59 | SBUX | Starbucks Corporation | Consumer Cyclical | 0.42% | $472,170.89 | $111.17B | 56.4 |
| 60 | VLO | Valero Energy Corporation | Energy | 0.42% | $468,129.48 | $128.04B | 18.5 |
| 61 | ADBE | Adobe Inc. | Technology | 0.41% | $465,210.69 | $95.43B | 13.7 |
| 62 | NET | Cloudflare, Inc. | Technology | 0.39% | $436,359.54 | $105.51B | — |
| 63 | DELL | Dell Technologies Inc. | Technology | 0.39% | $436,247.28 | $287.20B | 26.3 |
| 64 | CME | CME Group Inc. | Financial Services | 0.39% | $432,654.92 | $105.67B | 24.9 |
| 65 | SO | The Southern Company | Utilities | 0.38% | $422,775.93 | $104.89B | 22.0 |
| 66 | MRSH | Marsh & McLennan Companies, Inc. | Financial Services | 0.36% | $404,028.30 | $89.88B | 22.5 |
| 67 | EQIX | Equinix, Inc. | Real Estate | 0.35% | $391,118.25 | $97.29B | 63.4 |
| 68 | CDNS | Cadence Design Systems, Inc. | Technology | 0.35% | $390,107.90 | $88.13B | 63.5 |
| 69 | GLW | Corning Incorporated | Technology | 0.34% | $378,208.21 | $113.70B | 60.6 |
| 70 | SNPS | Synopsys, Inc. | Technology | 0.33% | $370,574.44 | $87.12B | 80.3 |
| 71 | ICE | Intercontinental Exchange, Inc. | Financial Services | 0.33% | $368,216.96 | $90.70B | 22.8 |
| 72 | PNC | The PNC Financial Services Group, Inc. | Financial Services | 0.33% | $365,747.21 | $86.73B | 11.6 |
| 73 | USB | U.S. Bancorp | Financial Services | 0.32% | $364,063.29 | $91.50B | 11.4 |
| 74 | GD | General Dynamics Corporation | Industrials | 0.31% | $349,357.06 | $93.13B | 21.0 |
| 75 | MSI | Motorola Solutions, Inc. | Technology | 0.30% | $334,650.84 | $76.65B | 36.5 |
| 76 | MELI | MercadoLibre, Inc. | Consumer Cyclical | 0.29% | $331,058.48 | $92.98B | 50.5 |
| 77 | EOG | EOG Resources, Inc. | Energy | 0.29% | $328,139.68 | $82.88B | 12.3 |
| 78 | ITW | Illinois Tool Works Inc. | Industrials | 0.29% | $326,231.24 | $77.55B | 24.7 |
| 79 | NOC | Northrop Grumman Corporation | Industrials | 0.28% | $318,709.74 | $73.85B | 16.5 |
| 80 | TMUS | T-Mobile US, Inc. | Communication Services | 0.28% | $317,474.86 | $170.66B | 16.6 |
| 81 | SLB | Schlumberger Limited | Energy | 0.28% | $317,474.86 | $73.47B | 23.9 |
| 82 | CL | Colgate-Palmolive Company | Consumer Defensive | 0.28% | $309,841.10 | $75.02B | 37.1 |
| 83 | SHW | The Sherwin-Williams Company | Basic Materials | 0.27% | $302,993.16 | $81.37B | 30.9 |
| 84 | ORLY | O'Reilly Automotive, Inc. | Consumer Cyclical | 0.27% | $302,993.16 | $72.22B | 28.3 |
| 85 | MCO | Moody's Corporation | Financial Services | 0.27% | $302,768.64 | $84.00B | 30.8 |
| 86 | PWR | Quanta Services, Inc. | Industrials | 0.27% | $302,544.11 | $95.00B | 72.4 |
| 87 | CTAS | Cintas Corporation | Industrials | 0.27% | $301,309.24 | $84.85B | 42.1 |
| 88 | RCL | Royal Caribbean Cruises Ltd. | Consumer Cyclical | 0.26% | $287,950.15 | $74.27B | 17.1 |
| 89 | ECL | Ecolab Inc. | Basic Materials | 0.25% | $285,368.14 | $80.98B | 38.8 |
| 90 | SPG | Simon Property Group, Inc. | Real Estate | 0.25% | $280,316.38 | $77.99B | 14.5 |
| 91 | TDG | TransDigm Group Incorporated | Industrials | 0.23% | $253,710.46 | $62.98B | 34.6 |
| 92 | AON | Aon plc | Financial Services | 0.22% | $252,475.59 | $62.06B | 16.1 |
| 93 | GWW | W.W. Grainger, Inc. | Industrials | 0.22% | $242,035.29 | $62.68B | 33.9 |
| 94 | CRH | CRH PLC | Basic Materials | 0.21% | $236,085.44 | — | — |
| 95 | FAST | Fastenal Company | Industrials | 0.20% | $227,890.37 | $58.55B | 41.5 |
| 96 | AZO | AutoZone, Inc. | Consumer Cyclical | 0.20% | $225,645.15 | $50.47B | 20.5 |
| 97 | AME | AMETEK, Inc. | Industrials | 0.20% | $221,828.26 | $56.90B | 36.3 |
| 98 | DVN | Devon Energy Corporation | Energy | 0.20% | $221,379.22 | $55.80B | 11.1 |
| 99 | PSA | Public Storage | Real Estate | 0.19% | $208,918.22 | $55.74B | 28.5 |
| 100 | O | Realty Income Corporation | Real Estate | 0.18% | $205,438.12 | $53.06B | 40.6 |
| 101 | EW | Edwards Lifesciences Corporation | Healthcare | 0.18% | $205,213.60 | $49.92B | 51.5 |
| 102 | A | Agilent Technologies, Inc. | Healthcare | 0.18% | $203,305.15 | $48.77B | 34.1 |
| 103 | VEEV | Veeva Systems Inc. | Healthcare | 0.18% | $202,294.80 | $50.25B | 50.9 |
| 104 | IDXX | IDEXX Laboratories, Inc. | Healthcare | 0.17% | $186,690.49 | $44.20B | 39.8 |
| 105 | VTR | Ventas, Inc. | Real Estate | 0.17% | $186,241.44 | $44.04B | 159.0 |
| 106 | MSCI | MSCI Inc. | Financial Services | 0.16% | $182,761.34 | $41.37B | 31.1 |
| 107 | NKE | NIKE, Inc. | Consumer Cyclical | 0.16% | $179,730.29 | $55.15B | 17.9 |
| 108 | WDAY | Workday, Inc. | Technology | 0.15% | $166,034.41 | $45.99B | 38.9 |
| 109 | SYY | Sysco Corporation | Consumer Defensive | 0.14% | $161,656.22 | $40.45B | 21.9 |
| 110 | PAYX | Paychex, Inc. | Technology | 0.14% | $157,951.60 | $39.74B | 22.1 |
| 111 | RMD | ResMed Inc. | Healthcare | 0.14% | $154,134.72 | $33.61B | 22.9 |
| 112 | FANG | Diamondback Energy, Inc. | Energy | 0.13% | $149,307.49 | $57.11B | 38.8 |
| 113 | ODFL | Old Dominion Freight Line, Inc. | Industrials | 0.13% | $145,939.65 | $39.04B | 36.1 |
| 114 | WEC | WEC Energy Group, Inc. | Utilities | 0.13% | $143,582.16 | $35.42B | 21.1 |
| 115 | CMG | Chipotle Mexican Grill, Inc. | Consumer Cyclical | 0.13% | $142,796.33 | $37.82B | 27.4 |
| 116 | MTD | Mettler-Toledo International Inc. | Healthcare | 0.13% | $141,785.98 | $32.51B | 36.6 |
| 117 | EQT | EQT Corporation | Energy | 0.12% | $136,958.75 | $33.97B | 12.6 |
| 118 | VMC | Vulcan Materials Company | Basic Materials | 0.12% | $133,815.43 | $33.38B | 30.4 |
| 119 | RBLX | Roblox Corporation | Communication Services | 0.12% | $133,366.39 | $35.40B | — |
| 120 | ZTS | Zoetis Inc. | Healthcare | 0.12% | $132,243.77 | $32.80B | 13.1 |
| 121 | MLM | Martin Marietta Materials, Inc. | Basic Materials | 0.11% | $125,508.10 | $35.57B | 32.6 |
| 122 | ATO | Atmos Energy Corporation | Utilities | 0.11% | $123,936.44 | $28.28B | 19.9 |
| 123 | MTB | M&T Bank Corporation | Financial Services | 0.11% | $121,242.17 | $31.09B | 11.4 |
| 124 | DXCM | DexCom, Inc. | Healthcare | 0.10% | $116,527.20 | $32.47B | 34.1 |
| 125 | NTRS | Northern Trust Corporation | Financial Services | 0.10% | $116,302.67 | $30.29B | 14.2 |
| 126 | EXR | Extra Space Storage Inc. | Real Estate | 0.10% | $115,741.37 | $30.81B | 30.8 |
| 127 | HAL | Halliburton Company | Energy | 0.10% | $114,618.75 | $27.91B | 17.6 |
| 128 | WST | West Pharmaceutical Services, Inc. | Healthcare | 0.10% | $107,097.25 | $27.03B | 49.4 |
| 129 | LH | Laboratory Corporation of America Holdings | Healthcare | 0.09% | $106,423.68 | $25.79B | 26.3 |
| 130 | ZS | Zscaler, Inc. | Technology | 0.09% | $106,199.16 | $33.81B | — |
| 131 | FFIV | F5, Inc. | Technology | 0.09% | $104,964.28 | $25.03B | 35.2 |
| 132 | LYV | Live Nation Entertainment, Inc. | Communication Services | 0.09% | $101,035.14 | $39.72B | — |
| 133 | ULTA | Ulta Beauty, Inc. | Consumer Cyclical | 0.09% | $99,688.01 | $25.35B | 21.6 |
| 134 | EXPD | Expeditors International of Washington, Inc. | Industrials | 0.09% | $97,330.52 | $25.47B | 28.5 |
| 135 | VRSN | VeriSign, Inc. | Technology | 0.08% | $94,636.25 | $27.33B | 32.7 |
| 136 | OMC | Omnicom Group Inc. | Communication Services | 0.08% | $94,411.73 | $22.10B | 212.0 |
| 137 | EFX | Equifax Inc. | Industrials | 0.08% | $93,962.68 | $18.94B | 28.4 |
| 138 | TROW | T. Rowe Price Group, Inc. | Financial Services | 0.08% | $91,829.72 | $21.54B | 10.1 |
| 139 | FICO | Fair Isaac Corporation | Technology | 0.08% | $87,451.53 | $16.66B | 22.3 |
| 140 | RPRX | Royalty Pharma plc | Healthcare | 0.08% | $87,227.00 | $35.22B | 32.4 |
| 141 | WRB | W. R. Berkley Corporation | Financial Services | 0.08% | $84,420.47 | $28.00B | 15.5 |
| 142 | GIS | General Mills, Inc. | Consumer Defensive | 0.07% | $84,083.69 | $17.71B | — |
| 143 | CPNG | Coupang, Inc. | Consumer Cyclical | 0.07% | $79,031.93 | $25.62B | — |
| 144 | ZBH | Zimmer Biomet Holdings, Inc. | Healthcare | 0.07% | $74,204.70 | $18.12B | 23.1 |
| 145 | SSNC | SS&C Technologies Holdings, Inc. | Technology | 0.06% | $71,622.69 | $19.73B | 24.2 |
| 146 | FCNCA | First Citizens BancShares, Inc. | Financial Services | 0.06% | $68,703.90 | $23.98B | 11.4 |
| 147 | TSCO | Tractor Supply Company | Consumer Cyclical | 0.06% | $68,367.11 | $17.28B | 17.3 |
| 148 | FOXA | Fox Corporation | Communication Services | 0.05% | $54,895.76 | $27.05B | 16.7 |
| 149 | LULU | Lululemon Athletica Inc. | Consumer Cyclical | 0.04% | $48,609.13 | $11.25B | 8.0 |
| 150 | PPB | Flutter Entertainment PLC | Other | 0.04% | $45,914.86 | — | — |
| 151 | ROL | Rollins, Inc. | Consumer Cyclical | 0.04% | $43,894.16 | $16.09B | 30.4 |
| 152 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | 0.04% | $41,087.62 | $24.62B | 14.8 |
| 153 | FOX | Fox Corporation | Communication Services | 0.03% | $35,025.52 | $24.13B | 14.9 |
| 154 | CTVA | Corteva, Inc. | Basic Materials | 0.03% | $34,015.16 | $8.59B | 8.0 |
Weights as a percentage of net assets. Value held = weight × net assets ($112.3M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
CPTL sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 35.2% | 32 | AAPL, MSFT, NVDA |
| Consumer Cyclical | 12.6% | 19 | TSLA, AMZN, HD |
| Financial Services | 12.1% | 20 | BRK.B, JPM, MS |
| Healthcare | 9.1% | 19 | LLY, TMO, AMGN |
| Consumer Defensive | 6.8% | 8 | COST, PG, KO |
| Industrials | 6.5% | 17 | CAT, RTX, GEV |
| Energy | 6.2% | 10 | XOM, CVX, COP |
| Communication Services | 5.7% | 9 | GOOGL, GOOG, NFLX |
| Real Estate | 1.9% | 7 | WELL, EQIX, SPG |
| Basic Materials | 1.8% | 7 | LIN, SHW, ECL |
| Utilities | 1.2% | 4 | NEE, SO, WEC |
| Other | 1.1% | 2 | GCP, PPB |
Sum of the weights of the holdings in each sector.
CPTL top industries
Semiconductors
13.1%
Software - Infrastructure
7.8%
Consumer Electronics
5.2%
Drug Manufacturers - General
5.1%
Internet Retail
4.2%
Internet Content & Information
4.0%
Oil & Gas Integrated
4.0%
Auto Manufacturers
4.0%
Insurance - Diversified
3.5%
Banks - Diversified
3.1%
Semiconductor Equipment & Materials
2.7%
Aerospace & Defense
2.3%
Beverages - Non-Alcoholic
2.0%
Diagnostics & Research
2.0%
Software - Application
1.8%
CPTL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| BAMG | Brookstone Growth Stock ETF | 62.9% | 54 of 100 | 0.97% |
| SCLZ | Swan Enhanced Dividend Income ETF | 57.3% | 36 of 72 | 0.84% |
| SPY | SPDR S&P 500 ETF | 55.0% | 144 of 502 | 0.09% |
| GPIX | Goldman Sachs S&P 500 Core Premium Income ETF | 54.3% | 140 of 479 | 0.29% |
| VTI | Vanguard Total Stock Market ETF | 51.5% | 151 of 2,941 | 0.03% |
| ESG | FlexShares STOXX US ESG Select Index Fund | 50.8% | 70 of 248 | 0.32% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the CPTL portfolio
Global X Conscious Companies ETF holds 154 positions. The ten largest make up 39.0% of the fund and the top 50 78.8%, so it behaves like a portfolio of about 48 equally weighted stocks. The biggest positions are Apple Inc. (5.22%), Microsoft Corporation (4.72%), NVIDIA Corporation (4.37%), Tesla, Inc. (3.98%), Amazon.com, Inc. (3.82%).
By sector, Technology is 35.2%, Consumer Cyclical is 12.6%, Financial Services is 12.1%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: CPTL chart, CPTL performance, CPTL dividends, CPTL valuation, CPTL overview.
CPTL holdings FAQ
How many holdings does CPTL have?
CPTL holds 154 positions as of October 25, 2026.
What are the top 10 holdings of CPTL?
The ten largest holdings are Apple Inc. (5.22%), Microsoft Corporation (4.72%), NVIDIA Corporation (4.37%), Tesla, Inc. (3.98%), Amazon.com, Inc. (3.82%), Eli Lilly and Company (3.76%), Broadcom Inc. (3.59%), Berkshire Hathaway Inc. (3.50%), JPMorgan Chase & Co. (3.06%), Advanced Micro Devices, Inc. (2.93%). Together they are 39.0% of the fund.
What percentage of CPTL is Apple Inc.?
Apple Inc. is the largest holding at 5.22% of net assets, about $5.9M of the fund's $112.3M.
Which sector is the largest in CPTL?
Technology is the largest sector at 35.2%, followed by Consumer Cyclical (12.6%) and Financial Services (12.1%), based on the sectors of the individual holdings.
How concentrated is CPTL?
The top 10 holdings are 39.0% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) CPTL behaves like a portfolio of about 48 equally weighted stocks.