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GLCC.TO vs. HXS.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GLCC.TO vs. HXS.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Global X S&P 500 Index Corporate Class ETF (HXS.TO).

GLCC.TO and HXS.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLCC.TO is an actively managed fund by Global X. It was launched on Apr 11, 2011. HXS.TO is a passively managed fund by Global X that tracks the performance of the S&P 500 Index. It was launched on Nov 30, 2010.

Performance

GLCC.TO vs. HXS.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Global X S&P 500 Index Corporate Class ETF (HXS.TO). The values are adjusted to include any dividend payments, if applicable.

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GLCC.TO vs. HXS.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		5.98%137.43%20.18%6.19%-1.80%-9.37%15.00%38.72%-0.38%7.33%
HXS.TO
Global X S&P 500 Index Corporate Class ETF		-3.28%11.93%34.98%23.22%-12.72%27.30%15.78%24.69%3.03%13.60%

Returns By Period

In the year-to-date period, GLCC.TO achieves a 5.98% return, which is significantly higher than HXS.TO's -3.28% return. Over the past 10 years, GLCC.TO has outperformed HXS.TO with an annualized return of 17.68%, while HXS.TO has yielded a comparatively lower 14.34% annualized return.

GLCC.TO

1D
5.95%
1M
-18.48%
YTD
5.98%
6M
20.90%
1Y
86.11%
3Y*
43.56%
5Y*
25.34%
10Y*
17.68%

HXS.TO

1D
2.76%
1M
-3.20%
YTD
-3.28%
6M
-2.17%
1Y
13.01%
3Y*
18.86%
5Y*
13.61%
10Y*
14.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Global X Gold Producer Equity Covered Call ETF

Global X S&P 500 Index Corporate Class ETF

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Often compared with HXS.TO:
HXS.TO vs. HXQ.TOHXS.TO vs. VFV.TOHXS.TO vs. ZSP.TOHXS.TO vs. VOOHXS.TO vs. XUS.TOHXS.TO vs. SPYHXS.TO vs. TEC.TO

GLCC.TO vs. HXS.TO - Expense Ratio Comparison

GLCC.TO has a 0.79% expense ratio, which is higher than HXS.TO's 0.10% expense ratio.

GLCC.TO
Global X Gold Producer Equity Covered Call ETF
HXS.TO
Global X S&P 500 Index Corporate Class ETF

Return for Risk

GLCC.TO vs. HXS.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLCC.TO
GLCC.TO Risk / Return Rank: 9090
Overall Rank
GLCC.TO Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
GLCC.TO Sortino Ratio Rank: 8888
Sortino Ratio Rank
GLCC.TO Omega Ratio Rank: 8989
Omega Ratio Rank
GLCC.TO Calmar Ratio Rank: 9191
Calmar Ratio Rank
GLCC.TO Martin Ratio Rank: 9191
Martin Ratio Rank
HXS.TO
HXS.TO Risk / Return Rank: 4545
Overall Rank
HXS.TO Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
HXS.TO Sortino Ratio Rank: 4040
Sortino Ratio Rank
HXS.TO Omega Ratio Rank: 4545
Omega Ratio Rank
HXS.TO Calmar Ratio Rank: 4949
Calmar Ratio Rank
HXS.TO Martin Ratio Rank: 4848
Martin Ratio Rank
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.

GLCC.TO vs. HXS.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Global X S&P 500 Index Corporate Class ETF (HXS.TO). 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.

GLCC.TOHXS.TODifference

Sharpe ratio

Return per unit of total volatility

2.10

0.70

+1.39

Sortino ratio

Return per unit of downside risk

2.39

1.07

+1.32

Omega ratio

Gain probability vs. loss probability

1.36

1.17

+0.19

Calmar ratio

Return relative to maximum drawdown

3.04

1.16

+1.89

Martin ratio

Return relative to average drawdown

11.66

4.32

+7.34

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLCC.TO vs. HXS.TO - Sharpe Ratio Comparison

The current GLCC.TO Sharpe Ratio is 2.10, which is higher than the HXS.TO Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of GLCC.TO and HXS.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GLCC.TOHXS.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.10

0.70

+1.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.90

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.87

-0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.96

-0.96

Correlation

The correlation between GLCC.TO and HXS.TO is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GLCC.TO vs. HXS.TO - Dividend Comparison

GLCC.TO's dividend yield for the trailing twelve months is around 6.21%, while HXS.TO has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
GLCC.TO
Global X Gold Producer Equity Covered Call ETF		6.21%6.01%10.30%11.16%10.08%6.31%6.47%4.58%5.62%7.09%9.21%11.63%
HXS.TO
Global X S&P 500 Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GLCC.TO vs. HXS.TO - Drawdown Comparison

The maximum GLCC.TO drawdown since its inception was -71.12%, which is greater than HXS.TO's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for GLCC.TO and HXS.TO.

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Drawdown Indicators

GLCC.TOHXS.TODifference

Max Drawdown

Largest peak-to-trough decline

-71.12%

-27.42%

-43.70%

Max Drawdown (1Y)

Largest decline over 1 year

-28.86%

-12.44%

-16.42%

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

-22.63%

-14.97%

Max Drawdown (10Y)

Largest decline over 10 years

-44.83%

-27.42%

-17.41%

Current Drawdown

Current decline from peak

-18.48%

-6.22%

-12.26%

Average Drawdown

Average peak-to-trough decline

-34.62%

-3.57%

-31.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.54%

3.33%

+4.21%

Volatility

GLCC.TO vs. HXS.TO - Volatility Comparison

Global X Gold Producer Equity Covered Call ETF (GLCC.TO) has a higher volatility of 17.09% compared to Global X S&P 500 Index Corporate Class ETF (HXS.TO) at 5.16%. This indicates that GLCC.TO's price experiences larger fluctuations and is considered to be riskier than HXS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLCC.TOHXS.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

17.09%

5.16%

+11.93%

Volatility (6M)

Calculated over the trailing 6-month period

34.47%

9.53%

+24.94%

Volatility (1Y)

Calculated over the trailing 1-year period

41.29%

18.62%

+22.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.17%

15.14%

+16.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.75%

16.53%

+15.22%