GUSE vs. GXLC

Last updated Jun 24, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. GUSE is actively managed, while GXLC is passively managed. With a 0.99 correlation, they move nearly in lockstep. GUSE charges 0.30%/yr vs 0.02%/yr for GXLC.

Performance

GUSE vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) 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, GUSE achieves a 9.12% return, which is significantly higher than GXLC's 8.31% return.

GUSE

• 1D: -1.22%
• 1M: -0.47%
• YTD: 9.12%
• 6M: 8.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -1.32%
• 1M: -1.12%
• YTD: 8.31%
• 6M: 7.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GUSE vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	9.12%	2.38%
GXLC Global X U.S. 500 ETF	8.31%	1.90%

Correlation

The correlation between GUSE and GXLC is 0.99 - 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 Nov 17, 2025	0.99

Return for Risk

GUSE vs. GXLC - Risk-Adjusted Trends Comparison

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

GUSE vs. GXLC - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, smaller than the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for GUSE and GXLC.

Drawdown Indicators

	GUSE	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-9.08%	+0.54%
Current Drawdown Current decline from peak	-2.95%	-3.05%	+0.10%
Average Drawdown Average peak-to-trough decline	-1.42%	-1.54%	+0.12%

Volatility

Volatility by Period

	GUSE	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.29%	13.85%	+0.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	13.85%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.29%	13.85%	+0.44%

GUSE vs. GXLC - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

GUSE vs. GXLC - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.67%, more than GXLC's 0.65% yield.

Position	TTM	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.67%	0.73%
GXLC Global X U.S. 500 ETF	0.65%	0.30%

Frequently Asked Questions

Can I hold both GUSE and GXLC in my portfolio?

With a correlation of 0.99, GUSE 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, GUSE 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, GUSE or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.30% for GUSE.

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

GUSE has the higher dividend yield at 0.67%, compared with 0.65% for GXLC.

What is the main difference between GUSE and GXLC?

They also come from different issuers: Goldman Sachs and Global X. Their fees differ too: 0.30% for GUSE and 0.02% for GXLC.