ESUM vs. GXLC

Last updated Jun 21, 2026

ESUM (Eventide US Market ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. ESUM is actively managed, while GXLC is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. ESUM charges 0.39%/yr vs 0.02%/yr for GXLC.

Performance

ESUM vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide US Market ETF (ESUM) 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, ESUM achieves a 11.96% return, which is significantly higher than GXLC's 10.27% return.

ESUM

• 1D: 1.42%
• 1M: 3.76%
• YTD: 11.96%
• 6M: 11.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: 1.19%
• 1M: 1.13%
• YTD: 10.27%
• 6M: 10.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESUM vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
ESUM Eventide US Market ETF	11.96%	-0.40%
GXLC Global X U.S. 500 ETF	10.27%	3.22%

Correlation

The correlation between ESUM and GXLC is 0.88, 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	0.88

Return for Risk

ESUM vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide US Market ETF (ESUM) 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

ESUM vs. GXLC - Drawdown Comparison

The maximum ESUM drawdown since its inception was -8.13%, smaller than the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for ESUM and GXLC.

Drawdown Indicators

	ESUM	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-8.13%	-9.08%	+0.95%
Current Drawdown Current decline from peak	-0.86%	-1.29%	+0.43%
Average Drawdown Average peak-to-trough decline	-1.62%	-1.53%	-0.09%

Volatility

Volatility by Period

	ESUM	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	13.82%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.30%	13.82%	+0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.30%	13.82%	+0.48%

ESUM vs. GXLC - Expense Ratio Comparison

ESUM has a 0.39% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

ESUM vs. GXLC - Dividend Comparison

ESUM's dividend yield for the trailing twelve months is around 0.57%, less than GXLC's 0.63% yield.

Position	TTM	2025
ESUM Eventide US Market ETF	0.57%	0.48%
GXLC Global X U.S. 500 ETF	0.63%	0.30%

Frequently Asked Questions

Can I hold both ESUM and GXLC in my portfolio?

ESUM and GXLC have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESUM 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, ESUM or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.39% for ESUM.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.57% for ESUM.

What is the main difference between ESUM and GXLC?

They also come from different issuers: Eventide and Global X. Their fees differ too: 0.39% for ESUM and 0.02% for GXLC.