BRCE vs. GXLC

Last updated Aug 1, 2026

BRCE (MFS Blended Research Core Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. BRCE is actively managed, while GXLC is passively managed. Their 0.97 correlation means they have historically moved very closely together. BRCE charges 0.24%/yr vs 0.02%/yr for GXLC.

Performance

BRCE vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Core Equity ETF (BRCE) 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, BRCE achieves a 14.35% return, which is significantly higher than GXLC's 10.06% return.

BRCE

• 1D: 0.69%
• 1M: 1.38%
• 6M: 11.17%
• YTD: 14.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GXLC

• 1D: 0.86%
• 1M: 0.20%
• 6M: 8.81%
• YTD: 10.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRCE MFS Blended Research Core Equity ETF	$4.38K	$9.51K	$34.09K
GXLC Global X U.S. 500 ETF	$27.98K	$20.23K	$17.31K

BRCE vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
BRCE MFS Blended Research Core Equity ETF	14.35%	2.04%
GXLC Global X U.S. 500 ETF	10.06%	1.63%

Correlation

The correlation between BRCE and GXLC is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025	0.97

Return for Risk

BRCE vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Core Equity ETF (BRCE) 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

BRCE vs. GXLC - Drawdown Comparison

The maximum BRCE drawdown since its inception was -8.77%, roughly equal to the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for BRCE and GXLC.

Drawdown Indicators

	BRCE	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-8.77%	-9.08%	+0.31%
Current Drawdown Current decline from peak	-0.65%	-1.48%	+0.83%
Average Drawdown Average peak-to-trough decline	-1.47%	-1.58%	+0.11%

Volatility

Volatility by Period

	BRCE	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	13.60%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.19%	13.60%	+0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.19%	13.60%	+0.59%

BRCE vs. GXLC - Expense Ratio Comparison

BRCE has a 0.24% expense ratio, which is higher than GXLC's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BRCE vs. GXLC - Dividend Comparison

BRCE's dividend yield for the trailing twelve months is around 0.51%, less than GXLC's 0.64% yield.

Position	TTM	2025
BRCE MFS Blended Research Core Equity ETF	0.51%	0.19%
GXLC Global X U.S. 500 ETF	0.64%	0.30%

Frequently Asked Questions

Can I hold both BRCE and GXLC in my portfolio?

With a correlation of 0.97, BRCE 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, BRCE 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, BRCE or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.24% for BRCE.

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

GXLC has the higher dividend yield at 0.64%, compared with 0.51% for BRCE.

What is the main difference between BRCE and GXLC?

They also come from different issuers: MFS and Global X. Their fees differ too: 0.24% for BRCE and 0.02% for GXLC.