ENHU vs. GXLC

Last updated Jun 24, 2026

ENHU (iShares Enhanced Large Cap Core Active ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. ENHU is actively managed, while GXLC is passively managed. With a 0.99 correlation, they move nearly in lockstep. ENHU charges 0.22%/yr vs 0.02%/yr for GXLC.

Performance

ENHU vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Enhanced Large Cap Core Active ETF (ENHU) 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, ENHU achieves a 8.83% return, which is significantly higher than GXLC's 8.31% return.

ENHU

• 1D: -1.39%
• 1M: -0.77%
• YTD: 8.83%
• 6M: 7.89%
• 1Y: —
• 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)

ENHU vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
ENHU iShares Enhanced Large Cap Core Active ETF	8.83%	1.32%
GXLC Global X U.S. 500 ETF	8.31%	1.24%

Correlation

The correlation between ENHU 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 Nov 5, 2025	0.99

Return for Risk

ENHU vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced Large Cap Core Active ETF (ENHU) 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

ENHU vs. GXLC - Drawdown Comparison

The maximum ENHU drawdown since its inception was -8.98%, roughly equal to the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for ENHU and GXLC.

Drawdown Indicators

	ENHU	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-8.98%	-9.08%	+0.10%
Current Drawdown Current decline from peak	-2.53%	-3.05%	+0.52%
Average Drawdown Average peak-to-trough decline	-1.51%	-1.54%	+0.03%

Volatility

Volatility by Period

	ENHU	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.92%	13.85%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	13.85%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.92%	13.85%	+0.07%

ENHU vs. GXLC - Expense Ratio Comparison

ENHU has a 0.22% 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

ENHU vs. GXLC - Dividend Comparison

ENHU's dividend yield for the trailing twelve months is around 0.51%, less than GXLC's 0.65% yield.

Position	TTM	2025
ENHU iShares Enhanced Large Cap Core Active ETF	0.51%	0.17%
GXLC Global X U.S. 500 ETF	0.65%	0.30%

Frequently Asked Questions

Can I hold both ENHU and GXLC in my portfolio?

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

GXLC is cheaper with a 0.02% expense ratio, compared with 0.22% for ENHU.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.51% for ENHU.

What is the main difference between ENHU and GXLC?

They also come from different issuers: iShares and Global X. Their fees differ too: 0.22% for ENHU and 0.02% for GXLC.