FDRS vs. GXLC

Last updated Jun 25, 2026

FDRS (Founder-Led ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - FDRS tracks the Founder Led Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. FDRS charges 0.49%/yr vs 0.02%/yr for GXLC.

Performance

FDRS vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Founder-Led ETF (FDRS) 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, FDRS achieves a -8.02% return, which is significantly lower than GXLC's 7.95% return.

FDRS

• 1D: -1.06%
• 1M: -4.38%
• YTD: -8.02%
• 6M: —
• 1Y: —
• 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)

FDRS vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
FDRS Founder-Led ETF	-8.02%	-1.34%
GXLC Global X U.S. 500 ETF	7.95%	-0.77%

Correlation

The correlation between FDRS and GXLC is 0.81, 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 Dec 30, 2025	0.81

Return for Risk

FDRS vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led ETF (FDRS) 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

FDRS vs. GXLC - Drawdown Comparison

The maximum FDRS drawdown since its inception was -21.77%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for FDRS and GXLC.

Drawdown Indicators

	FDRS	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-21.77%	-9.08%	-12.69%
Current Drawdown Current decline from peak	-12.40%	-3.37%	-9.03%
Average Drawdown Average peak-to-trough decline	-9.38%	-1.55%	-7.83%

Volatility

Volatility by Period

	FDRS	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	29.05%	13.82%	+15.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.05%	13.82%	+15.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.05%	13.82%	+15.23%

FDRS vs. GXLC - Expense Ratio Comparison

FDRS has a 0.49% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

FDRS vs. GXLC - Dividend Comparison

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

Position	TTM	2025
FDRS Founder-Led ETF	0.00%	0.00%
GXLC Global X U.S. 500 ETF	0.65%	0.30%

Frequently Asked Questions

Can I hold both FDRS and GXLC in my portfolio?

FDRS and GXLC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDRS 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, FDRS or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.49% for FDRS.

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

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

What is the main difference between FDRS and GXLC?

FDRS tracks Founder Led Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Corgi Strategies and Global X. Their fees differ too: 0.49% for FDRS and 0.02% for GXLC.