CPTL offers exposure to capital allocation leading companies based on three key pillars: balance sheet strength, investment efficacy, and shareholder distributions
Research-Driven
The strategy employs Morningstar’s proprietary, 3-step process that screens for management efficiency, setting a high bar for inclusion through a forward-looking evaluation of management's capital allocation decisions.
Well-Managed Companies
The portfolio emphasizes companies with disciplined, accountable management—resilient businesses positioned to create durable value across market cycles.
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.
