Invesco S&P 500 Top 50 ETF (XLG) Performance
XLG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.6% since Dec 31, 2025
- 1 year
- +7.9% total return
- 5 years
- +13.4% a year
- 10 years
- +16.7% a year
- Since first price
- +11.3% a year since 2005
XLG trailing returns vs SPY, QQQ, AGG
| Period | XLG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.5% | −2.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.7% | +3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.2% | +3.9% | +7.8% | +8.4% | −1.5% |
| YTD | +5.6% | +5.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.9% | +7.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.3%+23.5%/yr | +84.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +87.6%+13.4%/yr | +79.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +369.1%+16.7%/yr | +311.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +783.1%+15.6%/yr | +596.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +747.8%+11.3%/yr | +497.8% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionMay 10, 2005 | +898.3%+11.3%/yr | +587.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XLG vs SPY
From May 10, 2005: XLG grew to $99,832, SPY to $96,456.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XLG returns by calendar year
17 of 20 full years positive. Best 2023 (+38.2%), worst 2008 (−33.8%). 2026 is year to date.
XLG annual returns table
| Year | XLG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.6% | −11.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.5% | −20.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +33.5% | −11.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +38.2% | −8.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −24.3% | −28.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +30.8% | −5.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +24.1% | −30.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +32.0% | −8.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.6% | −19.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +23.0% | −2.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.3% | −7.6% | +12.0% | +7.1% | +2.4% |
| 2015 | +4.2% | −13.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +11.4% | −7.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +28.8% | −5.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.4% | −9.0% | +16.0% | +18.1% | +3.8% |
| 2011 | +4.2% | −15.4% | +1.9% | +3.4% | +7.7% |
| 2010 | +9.3% | −16.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +20.3% | −26.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −33.8% | −42.7% | −36.8% | −41.7% | +7.9% |
| 2007 | +4.5% | −9.8% | +5.1% | +19.0% | +6.6% |
| 2006 | +18.1% | −5.8% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XLG largest drawdowns
Now 4.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 9, 2007 | −52.4% | Mar 9, 2009 | Aug 16, 2012 | 1.4 years | 4.9 years |
| Feb 19, 2020 | −30.5% | Mar 23, 2020 | Jul 8, 2020 | 33 days | 5 months |
| Jan 3, 2022 | −28.0% | Oct 12, 2022 | Nov 20, 2023 | 9 months | 1.9 years |
| Feb 19, 2025 | −20.7% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Oct 3, 2018 | −19.8% | Dec 24, 2018 | Apr 15, 2019 | 3 months | 6 months |
| Jul 20, 2015 | −13.4% | Aug 25, 2015 | Nov 3, 2015 | 36 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XLG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +24.2% | +15.1% | +16.8% | +11.4% |
| Volatility (annualized) | 14.3% | 17.2% | 16.2% | 14.9% |
| Sharpe ratio | 1.30 | 0.70 | 0.91 | — |
| Sortino ratio | 2.65 | 1.12 | 1.47 | — |
| Best month | +11.6% | +11.6% | +13.5% | +13.5% |
| Worst month | −7.1% | −10.7% | −10.7% | −13.9% |
| Best 12 months | +42.2% | +43.6% | +53.7% | +53.7% |
| Worst 12 months | +10.1% | −24.3% | −24.3% | −39.5% |
| Positive months | 61% | 58% | 68% | 64% |
| Beta vs S&P 500 | 1.08 | 1.05 | 1.02 | — |
| Correlation with S&P 500 | 0.94 | 0.96 | 0.97 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XLG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 246 | −39.5% | +14.9% | +53.7% | 85% |
| 3-year (a year) | 222 | −13.1% | +12.8% | +30.1% | 86% |
| 5-year (a year) | 198 | −1.8% | +13.4% | +21.0% | 93% |
| 10-year (a year) | 138 | +6.0% | +13.4% | +17.5% | 100% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
XLG performance overview
Invesco S&P 500 Top 50 ETF (XLG) returned +7.9% over the past year and +16.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned +11.3% a year, turning $10,000 into about $99,832. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −52.4%, from Oct 9, 2007 to Mar 9, 2009, and it took 3.4 years to get back to the old high. XLG finished 17 of its 20 full calendar years with a gain; the best year was 2023 (+38.2%) and the worst 2008 (−33.8%). Volatility has been 14.9% a year.
Related: XLG chart, XLG holdings, XLG dividends, XLG valuation. See the XLG overview for the latest quote and fund facts.
XLG performance FAQ
What is the XLG return over the past year?
XLG returned +7.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.2%.
What is the average annual return of XLG?
XLG has returned +13.4% a year over 5 years, +16.7% a year over 10 years, +11.3% a year since May 10, 2005 (total return, distributions reinvested).
How much would $10,000 invested in XLG be worth?
$10,000 invested in XLG at its first recorded close on May 10, 2005 would be worth about $99,832 on October 23, 2026 with distributions reinvested.
What was the worst year for XLG?
The worst calendar year was 2008, with a total return of −33.8%. The best was 2023 at +38.2%.
What is the biggest drawdown of XLG?
The largest peak-to-trough decline was −52.4% between October 9, 2007 and March 9, 2009. It recovered to the old high on August 16, 2012, 3.4 years after the bottom.
How volatile is XLG?
Over the past 3 years XLG had an annualized volatility of 14.3% and a Sharpe ratio of 1.30 (excess return over 1–3 month T-bills per unit of risk).