GXLC vs. AAPY

Last updated Aug 6, 2026

GXLC (Global X U.S. 500 ETF) and AAPY (Kurv Yield Premium Strategy Apple (AAPL) ETF) are both exchange-traded funds - GXLC is a Large Cap Blend Equities fund tracking the Solactive GBS United States 500 Index, while AAPY is a Derivative Income fund actively managed by Kurv. GXLC is passively managed, while AAPY is actively managed. Their 0.42 correlation means their historical movements had little consistent relationship. GXLC charges 0.02%/yr vs 0.99%/yr for AAPY.

Performance

GXLC vs. AAPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 ETF (GXLC) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXLC achieves a 13.47% return, which is significantly higher than AAPY's 12.56% return.

GXLC

• 1D: -0.10%
• 1M: 2.41%
• 6M: 13.22%
• YTD: 13.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AAPY

• 1D: 0.74%
• 1M: -0.96%
• 6M: 11.13%
• YTD: 12.56%
• 1Y: 38.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	$176.27K	$153.86K	$142.86K
GXLC Global X U.S. 500 ETF	$13.68K	$22.15K	$18.83K

GXLC vs. AAPY - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	13.47%	3.22%
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	12.56%	7.03%

Correlation

The correlation between GXLC and AAPY is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.42

Return for Risk

GXLC vs. AAPY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GXLC

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

AAPY

AAPY Risk / Return Rank: 55
AAPY Sharpe Ratio Rank: 52
AAPY Sortino Ratio Rank: 48
AAPY Omega Ratio Rank: 56
AAPY Calmar Ratio Rank: 68
AAPY Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GXLC vs. AAPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY). 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.

	GXLC	AAPY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.49	—
Sortino ratio: Return per unit of downside risk	—	1.99	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.69	—
Martin ratio: Return relative to average drawdown	—	6.60	—

Drawdowns

GXLC vs. AAPY - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, smaller than the maximum AAPY drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for GXLC and AAPY.

Drawdown Indicators

	GXLC	AAPY	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-29.22%	+20.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.47%	—
Current Drawdown Current decline from peak	-0.10%	-9.59%	+9.49%
Average Drawdown Average peak-to-trough decline	-1.56%	-6.25%	+4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.88%	—

Volatility

Volatility by Period

	GXLC	AAPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.71%	26.18%	-12.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.71%	23.91%	-10.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.71%	23.91%	-10.20%

GXLC vs. AAPY - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than AAPY's 0.99% expense ratio.

Dividends

GXLC vs. AAPY - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.88%, less than AAPY's 11.73% yield.

Position	TTM	2025	2024	2023
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF	11.73%	12.66%	17.15%	2.16%
GXLC Global X U.S. 500 ETF	0.88%	0.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXLC and AAPY in my portfolio?

GXLC and AAPY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXLC or AAPY?

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, GXLC or AAPY?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.99% for AAPY.

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

AAPY has the higher dividend yield at 11.73%, compared with 0.88% for GXLC.

What is the main difference between GXLC and AAPY?

GXLC is categorized as Large Cap Blend Equities, while AAPY is Derivative Income. They also come from different issuers: Global X and Kurv. Their fees differ too: 0.02% for GXLC and 0.99% for AAPY.