The $565.7 million XLG, which added nearly $7 million in new assets last quarter, is a more concentrated mega-cap play with 51 holdings. XLG is also overweight the technology sector to the tune of a 26.4%, 680 basis points more than the S&P 500 devotes to the sector. [Big Stock ETFs for Volatile Markets]
XLG’s top-20 holdings are comprised of 16 Dow components with Apple, Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B), Wells-Fargo (NYSE: WFC) and Google (NasdaqGS: GOOGL) the outliers. XLG charges 0.2% per year.
Guggenheim Russell Top 50 Mega Cap ETF
Tom Lydon’s clients own shares of IWM, Apple and Google.