AAPY vs. GXLC

Last updated Jun 24, 2026

AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. AAPY is actively managed, while GXLC is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. AAPY charges 0.99%/yr vs 0.02%/yr for GXLC.

Performance

AAPY vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AAPY having a 8.32% return and GXLC slightly lower at 8.31%.

AAPY

• 1D: -0.66%
• 1M: -5.06%
• YTD: 8.32%
• 6M: 8.27%
• 1Y: 36.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -1.32%
• 1M: -1.12%
• YTD: 8.31%
• 6M: 7.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAPY vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	8.32%	7.03%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between AAPY and GXLC is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.51

Return for Risk

AAPY vs. GXLC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPY

AAPY Risk / Return Rank: 50
AAPY Sharpe Ratio Rank: 52
AAPY Sortino Ratio Rank: 50
AAPY Omega Ratio Rank: 53
AAPY Calmar Ratio Rank: 55
AAPY Martin Ratio Rank: 43

GXLC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAPY vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Global X U.S. 500 ETF (GXLC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAPY	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.53	—	—
Martin ratio: Return relative to average drawdown	6.67	—	—

Drawdowns

AAPY vs. GXLC - Drawdown Comparison

The maximum AAPY drawdown since its inception was -29.22%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for AAPY and GXLC.

Drawdown Indicators

	AAPY	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-29.22%	-9.08%	-20.14%
Max Drawdown (1Y) Largest decline over 1 year	-14.47%	—	—
Current Drawdown Current decline from peak	-7.00%	-3.05%	-3.95%
Average Drawdown Average peak-to-trough decline	-6.33%	-1.54%	-4.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.49%	—	—

Volatility

Volatility by Period

	AAPY	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.88%	13.85%	+8.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	13.85%	+8.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.63%	13.85%	+8.78%

AAPY vs. GXLC - Expense Ratio Comparison

AAPY has a 0.99% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

AAPY vs. GXLC - Dividend Comparison

AAPY's dividend yield for the trailing twelve months is around 12.08%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	12.08%	12.66%	17.15%	2.16%
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AAPY and GXLC in my portfolio?

AAPY and GXLC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAPY or GXLC?

On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAPY or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.99% for AAPY.

Which ETF pays a higher dividend yield, AAPY or GXLC?

AAPY has the higher dividend yield at 12.08%, compared with 0.65% for GXLC.

What is the main difference between AAPY and GXLC?

They also come from different issuers: Kurv and Global X. Their fees differ too: 0.99% for AAPY and 0.02% for GXLC.