 |
 Video: What is a Stock Split?
|
|
|
| Guggenheim Russell Top 50 Mega Cap is an open-end, management investment company. The Fund seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 top companies in the Russell 3000 Index. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market. As of Oct 31 2013, the Fund's total assets were $523,209,690 and total investments were $522,660,842. According to our XLG split history records, Invesco Exchange-Traded Fund Trust - S&P 500 Top 50 ETF has had 1 split. | |
|
Invesco Exchange-Traded Fund Trust - S&P 500 Top 50 ETF (XLG) has 1 split in our XLG split history database. The split for XLG took place on July 17, 2023. This was a 10 for 1 split, meaning for each share of XLG owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
When a company such as Invesco Exchange-Traded Fund Trust - S&P 500 Top 50 ETF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the XLG split history from start to finish, an original position size of 1000 shares would have turned into 10000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Invesco Exchange-Traded Fund Trust - S&P 500 Top 50 ETF shares, starting with a $10,000 purchase of XLG, presented on a split-history-adjusted basis factoring in the complete XLG split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
10/13/2016 |
|
| End date: |
10/09/2026 |
|
| Start price/share: |
$15.10 |
|
| End price/share: |
$64.83 |
|
| Starting shares: |
662.25 |
|
| Ending shares: |
749.89 |
|
| Dividends reinvested/share: |
$3.47 |
|
| Total return: |
386.15% |
|
| Average Annual Total Return: |
17.14% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$48,604.42 |
|
| Years: |
9.99 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
10/13/2016 |
|
| End date: |
10/09/2026 |
|
| Start price/share: |
$15.10 |
|
| End price/share: |
$64.83 |
|
| Dividends collected/share: |
$3.47 |
|
| Total return: |
352.30% |
|
| Average Annual Total Return: |
16.30% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$45,231.17 |
|
| Years: |
9.99 |
|
|
|
| Date |
Ratio |
| 07/17/2023 | 10 for 1 |
|
|
Free XLG Email Alerts:
