GUSA vs. GXLC

Last updated Jul 18, 2026

GUSA (Goldman Sachs MarketBeta U.S. 1000 Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - GUSA tracks the Solactive GBS United States 1000 Index - Benchmark TR Gross while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. GUSA charges 0.11%/yr vs 0.02%/yr for GXLC.

Performance

GUSA vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) and Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GUSA having a 9.56% return and GXLC slightly higher at 9.57%.

GUSA

• 1D: -0.82%
• 1M: 0.60%
• 6M: 7.79%
• YTD: 9.56%
• 1Y: 19.31%
• 3Y*: 19.12%
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -0.83%
• 1M: 0.55%
• 6M: 8.07%
• YTD: 9.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GUSA vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	9.56%	2.74%
GXLC Global X U.S. 500 ETF	9.57%	3.22%

Correlation

The correlation between GUSA and GXLC is 1.00 - 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 Sep 24, 2025	1.00

Return for Risk

GUSA vs. GXLC — Risk / Return Rank

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

GUSA

GUSA Risk / Return Rank: 59
GUSA Sharpe Ratio Rank: 58
GUSA Sortino Ratio Rank: 56
GUSA Omega Ratio Rank: 56
GUSA Calmar Ratio Rank: 55
GUSA Martin Ratio Rank: 69

GXLC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GUSA vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) 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.

	GUSA	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.51	—	—
Sortino ratio: Return per unit of downside risk	2.11	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.15	—	—
Martin ratio: Return relative to average drawdown	9.36	—	—

Drawdowns

GUSA vs. GXLC - Drawdown Comparison

The maximum GUSA drawdown since its inception was -19.61%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for GUSA and GXLC.

Drawdown Indicators

	GUSA	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-19.61%	-9.08%	-10.53%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.61%	—	—
Current Drawdown Current decline from peak	-1.77%	-1.92%	+0.15%
Average Drawdown Average peak-to-trough decline	-4.31%	-1.54%	-2.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	—	—

Volatility

Volatility by Period

	GUSA	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.84%	13.54%	-0.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	13.54%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	13.54%	+3.66%

GUSA vs. GXLC - Expense Ratio Comparison

GUSA has a 0.11% 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

GUSA vs. GXLC - Dividend Comparison

GUSA's dividend yield for the trailing twelve months is around 0.99%, more than GXLC's 0.64% yield.

Position	TTM	2025	2024	2023	2022
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	0.99%	0.99%	1.16%	1.36%	1.00%
GXLC Global X U.S. 500 ETF	0.64%	0.30%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GUSA and GXLC in my portfolio?

With a correlation of 1.00, GUSA 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, GUSA 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, GUSA or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.11% for GUSA.

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

GUSA has the higher dividend yield at 0.99%, compared with 0.64% for GXLC.

What is the main difference between GUSA and GXLC?

GUSA tracks Solactive GBS United States 1000 Index - Benchmark TR Gross, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Goldman Sachs and Global X. Their fees differ too: 0.11% for GUSA and 0.02% for GXLC.