BGDV vs. GXLC

Last updated Jun 24, 2026

BGDV (Bahl & Gaynor Dividend ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. BGDV is actively managed, while GXLC is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. BGDV charges 0.45%/yr vs 0.02%/yr for GXLC.

Performance

BGDV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bahl & Gaynor Dividend ETF (BGDV) 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, BGDV achieves a 12.25% return, which is significantly higher than GXLC's 8.31% return.

BGDV

• 1D: -1.14%
• 1M: 1.40%
• YTD: 12.25%
• 6M: 11.70%
• 1Y: 25.43%
• 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)

BGDV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
BGDV Bahl & Gaynor Dividend ETF	12.25%	2.13%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between BGDV and GXLC is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.81

Return for Risk

BGDV vs. GXLC — Risk / Return Rank

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

BGDV

BGDV Risk / Return Rank: 75
BGDV Sharpe Ratio Rank: 78
BGDV Sortino Ratio Rank: 79
BGDV Omega Ratio Rank: 75
BGDV Calmar Ratio Rank: 66
BGDV Martin Ratio Rank: 78

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.

BGDV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Dividend ETF (BGDV) 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.

	BGDV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.04	—	—
Martin ratio: Return relative to average drawdown	13.77	—	—

Drawdowns

BGDV vs. GXLC - Drawdown Comparison

The maximum BGDV drawdown since its inception was -14.80%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for BGDV and GXLC.

Drawdown Indicators

	BGDV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-14.80%	-9.08%	-5.72%
Max Drawdown (1Y) Largest decline over 1 year	-8.41%	—	—
Current Drawdown Current decline from peak	-1.36%	-3.05%	+1.69%
Average Drawdown Average peak-to-trough decline	-2.09%	-1.54%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	—	—

Volatility

Volatility by Period

	BGDV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.42%	13.85%	-2.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.08%	13.85%	+1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.08%	13.85%	+1.23%

BGDV vs. GXLC - Expense Ratio Comparison

BGDV has a 0.45% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

BGDV vs. GXLC - Dividend Comparison

BGDV's dividend yield for the trailing twelve months is around 0.99%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024
BGDV Bahl & Gaynor Dividend ETF	0.99%	1.13%	0.09%
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%

Frequently Asked Questions

Can I hold both BGDV and GXLC in my portfolio?

BGDV and GXLC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BGDV 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, BGDV or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.45% for BGDV.

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

BGDV has the higher dividend yield at 0.99%, compared with 0.65% for GXLC.

What is the main difference between BGDV and GXLC?

They also come from different issuers: Bahl & Gaynor and Global X. Their fees differ too: 0.45% for BGDV and 0.02% for GXLC.