ALRG vs. GXLC

Last updated Jun 21, 2026

ALRG (Allspring LT Large Core ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. ALRG is actively managed, while GXLC is passively managed. With a 0.97 correlation, they move nearly in lockstep. ALRG charges 0.28%/yr vs 0.02%/yr for GXLC.

Performance

ALRG vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring LT Large Core ETF (ALRG) 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, ALRG achieves a 7.95% return, which is significantly lower than GXLC's 10.27% return.

ALRG

• 1D: 0.90%
• 1M: -0.34%
• YTD: 7.95%
• 6M: 8.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: 1.19%
• 1M: 0.67%
• YTD: 10.27%
• 6M: 10.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ALRG vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
ALRG Allspring LT Large Core ETF	7.95%	3.25%
GXLC Global X U.S. 500 ETF	10.27%	3.22%

Correlation

The correlation between ALRG and GXLC is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.97

Return for Risk

ALRG vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring LT Large Core ETF (ALRG) 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.

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

Drawdowns

ALRG vs. GXLC - Drawdown Comparison

The maximum ALRG drawdown since its inception was -9.27%, roughly equal to the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for ALRG and GXLC.

Drawdown Indicators

	ALRG	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-9.27%	-9.08%	-0.19%
Current Drawdown Current decline from peak	-1.97%	-1.29%	-0.68%
Average Drawdown Average peak-to-trough decline	-1.35%	-1.53%	+0.18%

Volatility

Volatility by Period

	ALRG	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	13.82%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.81%	13.82%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.81%	13.82%	-1.01%

ALRG vs. GXLC - Expense Ratio Comparison

ALRG has a 0.28% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

ALRG vs. GXLC - Dividend Comparison

ALRG's dividend yield for the trailing twelve months is around 0.44%, less than GXLC's 0.63% yield.

Position	TTM	2025
ALRG Allspring LT Large Core ETF	0.44%	0.47%
GXLC Global X U.S. 500 ETF	0.63%	0.30%

Frequently Asked Questions

Can I hold both ALRG and GXLC in my portfolio?

With a correlation of 0.97, ALRG and GXLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ALRG 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, ALRG or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.28% for ALRG.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.44% for ALRG.

What is the main difference between ALRG and GXLC?

They also come from different issuers: Allspring and Global X. Their fees differ too: 0.28% for ALRG and 0.02% for GXLC.