APUE vs. GXLC

Last updated Jun 24, 2026

APUE (ActivePassive U.S. Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. APUE is actively managed, while GXLC is passively managed. With a 0.99 correlation, they move nearly in lockstep. APUE charges 0.33%/yr vs 0.02%/yr for GXLC.

Performance

APUE vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ActivePassive U.S. Equity ETF (APUE) 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 APUE having a 8.71% return and GXLC slightly lower at 8.31%.

APUE

• 1D: -1.31%
• 1M: -0.79%
• YTD: 8.71%
• 6M: 7.66%
• 1Y: 24.90%
• 3Y*: 20.51%
• 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)

APUE vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
APUE ActivePassive U.S. Equity ETF	8.71%	3.48%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between APUE and GXLC is 0.99 - 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	0.99

Return for Risk

APUE vs. GXLC — Risk / Return Rank

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

APUE

APUE Risk / Return Rank: 65
APUE Sharpe Ratio Rank: 66
APUE Sortino Ratio Rank: 63
APUE Omega Ratio Rank: 64
APUE Calmar Ratio Rank: 61
APUE Martin Ratio Rank: 73

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.

APUE vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ActivePassive U.S. Equity ETF (APUE) 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.

	APUE	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.97	—	—
Sortino ratio: Return per unit of downside risk	2.70	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	2.78	—	—
Martin ratio: Return relative to average drawdown	12.63	—	—

Drawdowns

APUE vs. GXLC - Drawdown Comparison

The maximum APUE drawdown since its inception was -18.83%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for APUE and GXLC.

Drawdown Indicators

	APUE	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-9.08%	-9.75%
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.83%	—	—
Current Drawdown Current decline from peak	-2.62%	-3.05%	+0.43%
Average Drawdown Average peak-to-trough decline	-2.06%	-1.54%	-0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	APUE	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.73%	13.85%	-1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	13.85%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.75%	13.85%	+0.90%

APUE vs. GXLC - Expense Ratio Comparison

APUE has a 0.33% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

APUE vs. GXLC - Dividend Comparison

APUE's dividend yield for the trailing twelve months is around 0.77%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023
APUE ActivePassive U.S. Equity ETF	0.77%	0.83%	0.79%	0.41%
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both APUE and GXLC in my portfolio?

With a correlation of 0.99, APUE 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, APUE 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, APUE or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.33% for APUE.

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

APUE has the higher dividend yield at 0.77%, compared with 0.65% for GXLC.

What is the main difference between APUE and GXLC?

They also come from different issuers: ActivePassive and Global X. Their fees differ too: 0.33% for APUE and 0.02% for GXLC.