BBUS vs. GXLC

Last updated Jun 24, 2026

BBUS (JPMorgan BetaBuilders U.S. Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - BBUS tracks the Morningstar US Target Market Exposure Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.02% expense ratio.

Performance

BBUS vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Equity ETF (BBUS) 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, BBUS achieves a 7.57% return, which is significantly lower than GXLC's 8.31% return.

BBUS

• 1D: -1.68%
• 1M: -1.53%
• YTD: 7.57%
• 6M: 6.62%
• 1Y: 22.78%
• 3Y*: 20.70%
• 5Y*: 12.52%
• 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)

BBUS vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.57%	2.87%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between BBUS 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

BBUS vs. GXLC — Risk / Return Rank

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

BBUS

BBUS Risk / Return Rank: 56
BBUS Sharpe Ratio Rank: 56
BBUS Sortino Ratio Rank: 54
BBUS Omega Ratio Rank: 55
BBUS Calmar Ratio Rank: 52
BBUS Martin Ratio Rank: 63

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.

BBUS vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Equity ETF (BBUS) 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.

	BBUS	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.48	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.49	—	—
Martin ratio: Return relative to average drawdown	10.97	—	—

Drawdowns

BBUS vs. GXLC - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for BBUS and GXLC.

Drawdown Indicators

	BBUS	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	-9.08%	-26.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	—	—
Current Drawdown Current decline from peak	-3.47%	-3.05%	-0.42%
Average Drawdown Average peak-to-trough decline	-5.43%	-1.54%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	—	—

Volatility

Volatility by Period

	BBUS	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	13.85%	-1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	13.85%	+3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	13.85%	+5.74%

BBUS vs. GXLC - Expense Ratio Comparison

Both BBUS and GXLC have an expense ratio of 0.02%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BBUS vs. GXLC - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 1.01%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.01%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBUS and GXLC in my portfolio?

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

Both ETFs have the same 0.02% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBUS or GXLC?

BBUS and GXLC have the same expense ratio: 0.02% per year.

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

BBUS has the higher dividend yield at 1.01%, compared with 0.65% for GXLC.

What is the main difference between BBUS and GXLC?

BBUS tracks Morningstar US Target Market Exposure Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: JPMorgan and Global X.