ADPV vs. GXLC

Last updated Jun 24, 2026

ADPV (Adaptiv Select ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. ADPV is actively managed, while GXLC is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. ADPV charges 1.00%/yr vs 0.02%/yr for GXLC.

Performance

ADPV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adaptiv Select ETF (ADPV) and Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADPV achieves a 11.09% return, which is significantly higher than GXLC's 8.31% return.

ADPV

• 1D: -2.36%
• 1M: 3.30%
• YTD: 11.09%
• 6M: 7.18%
• 1Y: 34.24%
• 3Y*: 26.59%
• 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)

ADPV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
ADPV Adaptiv Select ETF	11.09%	-0.69%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between ADPV and GXLC is 0.68, 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	0.68

Return for Risk

ADPV vs. GXLC — Risk / Return Rank

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

ADPV

ADPV Risk / Return Rank: 43
ADPV Sharpe Ratio Rank: 41
ADPV Sortino Ratio Rank: 38
ADPV Omega Ratio Rank: 38
ADPV Calmar Ratio Rank: 52
ADPV Martin Ratio Rank: 46

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.

ADPV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adaptiv Select ETF (ADPV) 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.

	ADPV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	1.89	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.48	—	—
Martin ratio: Return relative to average drawdown	7.30	—	—

Drawdowns

ADPV vs. GXLC - Drawdown Comparison

The maximum ADPV drawdown since its inception was -22.30%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for ADPV and GXLC.

Drawdown Indicators

	ADPV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-22.30%	-9.08%	-13.22%
Max Drawdown (1Y) Largest decline over 1 year	-13.88%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.30%	—	—
Current Drawdown Current decline from peak	-2.48%	-3.05%	+0.57%
Average Drawdown Average peak-to-trough decline	-5.41%	-1.54%	-3.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	—	—

Volatility

Volatility by Period

	ADPV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.88%	13.85%	+11.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	13.85%	+7.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	13.85%	+7.17%

ADPV vs. GXLC - Expense Ratio Comparison

ADPV has a 1.00% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

ADPV vs. GXLC - Dividend Comparison

ADPV's dividend yield for the trailing twelve months is around 0.63%, less than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022
ADPV Adaptiv Select ETF	0.63%	0.70%	0.67%	0.22%	0.25%
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ADPV and GXLC in my portfolio?

ADPV and GXLC have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ADPV 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, ADPV or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 1.00% for ADPV.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.63% for ADPV.

What is the main difference between ADPV and GXLC?

They also come from different issuers: Adaptiv and Global X. Their fees differ too: 1.00% for ADPV and 0.02% for GXLC.