DAK vs. GXLC

Last updated Aug 1, 2026

DAK (Dakota Active Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. DAK is actively managed, while GXLC is passively managed. Their 0.95 correlation means they have historically moved very closely together. DAK charges 0.43%/yr vs 0.02%/yr for GXLC.

Performance

DAK vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dakota Active Equity ETF (DAK) 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 DAK having a 10.36% return and GXLC slightly lower at 10.06%.

DAK

• 1D: 0.74%
• 1M: 0.91%
• 6M: 9.09%
• YTD: 10.36%
• 1Y: 20.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.77%

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)
DAK Dakota Active Equity ETF	$1.23K	$2.63K	$4.01K
GXLC Global X U.S. 500 ETF	$27.98K	$20.23K	$17.31K

DAK vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
DAK Dakota Active Equity ETF	10.36%	2.36%
GXLC Global X U.S. 500 ETF	10.06%	3.22%

Correlation

The correlation between DAK and GXLC is 0.95 - 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 Sep 24, 2025	0.95

Return for Risk

DAK vs. GXLC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DAK

DAK Risk / Return Rank: 72
DAK Sharpe Ratio Rank: 73
DAK Sortino Ratio Rank: 72
DAK Omega Ratio Rank: 70
DAK Calmar Ratio Rank: 68
DAK 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) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DAK vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dakota Active Equity ETF (DAK) 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.

	DAK	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.68	—	—
Sortino ratio: Return per unit of downside risk	2.37	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.42	—	—
Martin ratio: Return relative to average drawdown	10.16	—	—

Drawdowns

DAK vs. GXLC - Drawdown Comparison

The maximum DAK drawdown since its inception was -7.87%, smaller than the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for DAK and GXLC.

Drawdown Indicators

	DAK	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-9.08%	+1.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	—	—
Current Drawdown Current decline from peak	-0.55%	-1.48%	+0.93%
Average Drawdown Average peak-to-trough decline	-1.18%	-1.58%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	—	—

Volatility

Volatility by Period

	DAK	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.39%	13.60%	-2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.39%	13.60%	-2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.39%	13.60%	-2.21%

DAK vs. GXLC - Expense Ratio Comparison

DAK has a 0.43% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

DAK vs. GXLC - Dividend Comparison

DAK's dividend yield for the trailing twelve months is around 0.75%, more than GXLC's 0.64% yield.

Position	TTM	2025
DAK Dakota Active Equity ETF	0.75%	0.42%
GXLC Global X U.S. 500 ETF	0.64%	0.30%

Frequently Asked Questions

Can I hold both DAK and GXLC in my portfolio?

With a correlation of 0.95, DAK 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, DAK 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, DAK or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.43% for DAK.

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

DAK has the higher dividend yield at 0.75%, compared with 0.64% for GXLC.

What is the main difference between DAK and GXLC?

They also come from different issuers: Dakota Wealth and Global X. Their fees differ too: 0.43% for DAK and 0.02% for GXLC.