CPTL invests in companies that exhibit disciplined capital deployment, emphasizing the quality of capital allocation—not just its outcomes—supported by strong balance sheets, investment efficacy, and shareholder distributions.
Research-Driven Approach
Built on Morningstar's proprietary research, CPTL tracks an index that applies a methodology that emphasizes quality companies positioned to create long-term value across changing market conditions.
Portfolio Building Block
CPTL offers a single-trade solution providing exposure to U.S. large- and mid-cap companies positioned to compound value over time, while retaining the liquidity and systematic rebalancing of a passive ETF.
Key Information
ETF Summary
The Global X Morningstar Capital Allocation Leaders ETF (CPTL) seeks to invest in companies that exhibit strong capital allocation practices, as measured by Morningstar’s proprietary Capital Allocation Rating framework. The Capital Allocation Rating represents Morningstar’s assessment of the quality of a company’s capital allocation, or how well its leadership team uses cash, based on a forward-looking evaluation of management’s capital allocation decisions.
ETF Objective
The Global X Morningstar Capital Allocation Leaders ETF (CPTL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Morningstar® US Capital Allocation Leaders Index.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
