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Global X (NASDAQ:CPTL) has renamed its Global X Conscious Companies ETF (KRMA) to the Global X Morningstar Capital Allocation Leaders ETF (CPTL), effective July 22, 2026. The ETF now tracks the newly created Morningstar US Capital Allocation Leaders Index, focused on US companies with strong capital allocation practices.
The Underlying Index, provided by Morningstar Indexes, selects constituents from the Morningstar US Target Market Exposure Index, targeting firms rated “Exemplary” under Morningstar’s Capital Allocation Rating across balance sheet strength, investment efficacy, and shareholder distributions. The ETF’s expense ratio has been reduced to 0.35% from 0.43%, while its CUSIP and ISIN remain unchanged.