CNAV vs. GXLC

Last updated Jun 25, 2026

CNAV (Mohr Company Nav ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. CNAV is actively managed, while GXLC is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. CNAV charges 1.31%/yr vs 0.02%/yr for GXLC.

Performance

CNAV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Company Nav ETF (CNAV) 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, CNAV achieves a 45.28% return, which is significantly higher than GXLC's 7.95% return.

CNAV

• 1D: -0.60%
• 1M: 9.65%
• YTD: 45.28%
• 6M: 42.61%
• 1Y: 68.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -0.33%
• 1M: -1.44%
• YTD: 7.95%
• 6M: 6.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CNAV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
CNAV Mohr Company Nav ETF	45.28%	1.05%
GXLC Global X U.S. 500 ETF	7.95%	3.22%

Correlation

The correlation between CNAV and GXLC is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.76

Return for Risk

CNAV vs. GXLC — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 84
CNAV Sharpe Ratio Rank: 84
CNAV Sortino Ratio Rank: 75
CNAV Omega Ratio Rank: 78
CNAV Calmar Ratio Rank: 92
CNAV Martin Ratio Rank: 93

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.

CNAV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Company Nav ETF (CNAV) 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.

	CNAV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	2.38	—	—
Sortino ratio: Return per unit of downside risk	2.93	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	5.32	—	—
Martin ratio: Return relative to average drawdown	20.82	—	—

Drawdowns

CNAV vs. GXLC - Drawdown Comparison

The maximum CNAV drawdown since its inception was -30.06%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for CNAV and GXLC.

Drawdown Indicators

	CNAV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-30.06%	-9.08%	-20.98%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	—	—
Current Drawdown Current decline from peak	-6.83%	-3.37%	-3.46%
Average Drawdown Average peak-to-trough decline	-5.39%	-1.55%	-3.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.31%	—	—

Volatility

Volatility by Period

	CNAV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.97%	13.82%	+15.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.99%	13.82%	+15.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.99%	13.82%	+15.17%

CNAV vs. GXLC - Expense Ratio Comparison

CNAV has a 1.31% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

CNAV vs. GXLC - Dividend Comparison

CNAV has not paid dividends to shareholders, while GXLC's dividend yield for the trailing twelve months is around 0.65%.

Position	TTM	2025
CNAV Mohr Company Nav ETF	0.00%	0.00%
GXLC Global X U.S. 500 ETF	0.65%	0.30%

Frequently Asked Questions

Can I hold both CNAV and GXLC in my portfolio?

CNAV and GXLC have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CNAV 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, CNAV or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 1.31% for CNAV.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.00% for CNAV.

What is the main difference between CNAV and GXLC?

They also come from different issuers: Mohr and Global X. Their fees differ too: 1.31% for CNAV and 0.02% for GXLC.