GLOW vs. FIXT

Last updated Jun 23, 2026

GLOW (VictoryShares WestEnd Global Equity ETF) and FIXT (Procure Disaster Recovery Strategy ETF) are both Global Equities funds. GLOW is actively managed, while FIXT is passively managed. Over the past year, GLOW returned 28.17% vs 5.08% for FIXT. At a 0.40 correlation, their price movements are largely independent. GLOW charges 0.72%/yr vs 0.75%/yr for FIXT.

Performance

GLOW vs. FIXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares WestEnd Global Equity ETF (GLOW) and Procure Disaster Recovery Strategy ETF (FIXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLOW achieves a 11.87% return, which is significantly higher than FIXT's 0.56% return.

GLOW

• 1D: 0.05%
• 1M: 2.41%
• YTD: 11.87%
• 6M: 11.60%
• 1Y: 28.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIXT

• 1D: -0.14%
• 1M: 0.93%
• YTD: 0.56%
• 6M: 0.54%
• 1Y: 5.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLOW vs. FIXT - Yearly Performance Comparison

	2026 (YTD)	2025
GLOW VictoryShares WestEnd Global Equity ETF	11.87%	13.99%
FIXT Procure Disaster Recovery Strategy ETF	0.56%	4.57%

Correlation

The correlation between GLOW and FIXT is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.40

GLOW vs. FIXT - Sectors Allocation Comparison

Sectors	GLOW	FIXT
Technology	28.4%	-
Financial Services	19.0%	-
Healthcare	13.3%	100.0%
Communication Services	11.3%	-
Industrials	8.5%	-
Consumer Cyclical	6.2%	-
Consumer Defensive	4.8%	-
Utilities	3.9%	-
Basic Materials	2.1%	-
Energy	1.6%	-
Real Estate	0.9%	-

Return for Risk

GLOW vs. FIXT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLOW

GLOW Risk / Return Rank: 69
GLOW Sharpe Ratio Rank: 71
GLOW Sortino Ratio Rank: 70
GLOW Omega Ratio Rank: 69
GLOW Calmar Ratio Rank: 63
GLOW Martin Ratio Rank: 71

FIXT

FIXT Risk / Return Rank: 37
FIXT Sharpe Ratio Rank: 39
FIXT Sortino Ratio Rank: 41
FIXT Omega Ratio Rank: 37
FIXT Calmar Ratio Rank: 35
FIXT Martin Ratio Rank: 33

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.

GLOW vs. FIXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares WestEnd Global Equity ETF (GLOW) and Procure Disaster Recovery Strategy ETF (FIXT). 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.

	GLOW	FIXT	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.35	+0.86
Sortino ratio: Return per unit of downside risk	3.06	2.04	+1.02
Omega ratio: Gain probability vs. loss probability	1.40	1.24	+0.15
Calmar ratio: Return relative to maximum drawdown	3.03	1.69	+1.35
Martin ratio: Return relative to average drawdown	12.85	4.70	+8.14

GLOW vs. FIXT - Sharpe Ratio Comparison

The current GLOW Sharpe Ratio is 2.21, which is higher than the FIXT Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of GLOW and FIXT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GLOW vs. FIXT - Drawdown Comparison

The maximum GLOW drawdown since its inception was -15.58%, which is greater than FIXT's maximum drawdown of -3.02%. Use the drawdown chart below to compare losses from any high point for GLOW and FIXT.

Drawdown Indicators

	GLOW	FIXT	Difference
Max Drawdown Largest peak-to-trough decline	-15.58%	-3.02%	-12.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-3.02%	-6.31%
Current Drawdown Current decline from peak	-0.32%	-1.55%	+1.23%
Average Drawdown Average peak-to-trough decline	-1.79%	-0.75%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.08%	+1.12%

Volatility

GLOW vs. FIXT - Volatility Comparison

VictoryShares WestEnd Global Equity ETF (GLOW) has a higher volatility of 4.81% compared to Procure Disaster Recovery Strategy ETF (FIXT) at 0.91%. This indicates that GLOW's price experiences larger fluctuations and is considered to be riskier than FIXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLOW	FIXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	0.91%	+3.90%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	2.47%	+7.99%
Volatility (1Y) Calculated over the trailing 1-year period	12.83%	3.77%	+9.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.29%	3.75%	+11.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.29%	3.75%	+11.54%

GLOW vs. FIXT - Expense Ratio Comparison

GLOW has a 0.72% expense ratio, which is lower than FIXT's 0.75% expense ratio.

Dividends

GLOW vs. FIXT - Dividend Comparison

GLOW's dividend yield for the trailing twelve months is around 1.11%, less than FIXT's 5.53% yield.

Position	TTM	2025	2024
FIXT Procure Disaster Recovery Strategy ETF	5.53%	3.24%	0.00%
GLOW VictoryShares WestEnd Global Equity ETF	1.11%	1.33%	1.18%

Frequently Asked Questions

Can I hold both GLOW and FIXT in my portfolio?

GLOW and FIXT have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLOW or FIXT?

GLOW has higher volatility (4.81%) compared to FIXT (0.91%). In terms of maximum drawdown, GLOW dropped -15.58% vs FIXT's -3.02%.

Which ETF is better, GLOW or FIXT?

On 1-year performance, GLOW leads with 28.17% vs 5.08% for FIXT. On fees, GLOW is cheaper at 0.72% per year. On volatility, FIXT has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLOW or FIXT?

Over the 1-year period, GLOW has performed better with a 28.17% return vs 5.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLOW or FIXT?

GLOW is cheaper with a 0.72% expense ratio, compared with 0.75% for FIXT.

Which ETF pays a higher dividend yield, GLOW or FIXT?

FIXT has the higher dividend yield at 5.53%, compared with 1.11% for GLOW.

What is the main difference between GLOW and FIXT?

They also come from different issuers: VictoryShares and Procure. Their fees differ too: 0.72% for GLOW and 0.75% for FIXT.

Which has better risk-adjusted returns?

GLOW currently has the higher Sharpe Ratio (2.21 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.