GXLC vs. ACEP

Last updated Jun 19, 2026

GXLC (Global X U.S. 500 ETF) and ACEP (ARS Core Equity Portfolio ETF) are both Large Cap Blend Equities funds. GXLC is passively managed, while ACEP is actively managed. A 0.79 correlation means they provide meaningful diversification when combined. GXLC charges 0.02%/yr vs 0.45%/yr for ACEP.

Performance

GXLC vs. ACEP - Performance Comparison

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

Returns By Period

In the year-to-date period, GXLC achieves a 10.27% return, which is significantly lower than ACEP's 23.04% return.

GXLC

• 1D: 1.19%
• 1M: 2.53%
• YTD: 10.27%
• 6M: 11.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACEP

• 1D: -0.63%
• 1M: 5.71%
• YTD: 23.04%
• 6M: 23.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXLC vs. ACEP - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	10.27%	4.88%
ACEP ARS Core Equity Portfolio ETF	23.04%	8.00%

Correlation

The correlation between GXLC and ACEP is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.79

Return for Risk

GXLC vs. ACEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and ARS Core Equity Portfolio ETF (ACEP). 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

GXLC vs. ACEP - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, which is greater than ACEP's maximum drawdown of -7.06%. Use the drawdown chart below to compare losses from any high point for GXLC and ACEP.

Drawdown Indicators

	GXLC	ACEP	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-7.06%	-2.02%
Current Drawdown Current decline from peak	-1.29%	-1.73%	+0.44%
Average Drawdown Average peak-to-trough decline	-1.53%	-1.48%	-0.05%

Volatility

Volatility by Period

	GXLC	ACEP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.82%	17.79%	-3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.82%	17.79%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.82%	17.79%	-3.97%

GXLC vs. ACEP - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than ACEP's 0.45% expense ratio.

Dividends

GXLC vs. ACEP - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.63%, more than ACEP's 0.11% yield.

Position	TTM	2025
ACEP ARS Core Equity Portfolio ETF	0.11%	0.14%
GXLC Global X U.S. 500 ETF	0.63%	0.30%

Frequently Asked Questions

Can I hold both GXLC and ACEP in my portfolio?

GXLC and ACEP have a correlation of 0.79, 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 ACEP?

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 ACEP?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.45% for ACEP.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.11% for ACEP.

What is the main difference between GXLC and ACEP?

They also come from different issuers: Global X and ARS Investment Partners. Their fees differ too: 0.02% for GXLC and 0.45% for ACEP.