GXLC vs. AFOS

Last updated Jun 6, 2026

GXLC (Global X U.S. 500 ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. Their correlation of 0.84 suggests significant overlap in exposure. GXLC charges 0.02%/yr vs 0.45%/yr for AFOS.

Performance

GXLC vs. AFOS - Performance Comparison

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

Returns By Period

In the year-to-date period, GXLC achieves a 8.50% return, which is significantly lower than AFOS's 26.02% return.

GXLC

• 1D: -2.61%
• 1M: 0.60%
• YTD: 8.50%
• 6M: 8.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AFOS

• 1D: -4.70%
• 1M: -0.24%
• YTD: 26.02%
• 6M: 29.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXLC vs. AFOS - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	8.50%	3.22%
AFOS ARS Focused Opportunities Strategy ETF	26.02%	15.43%

Correlation

The correlation between GXLC and AFOS is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.84

Return for Risk

GXLC vs. AFOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and ARS Focused Opportunities Strategy ETF (AFOS). 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.

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

Sharpe Ratios by Period

	GXLC	AFOS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	3.75	-2.44

Drawdowns

GXLC vs. AFOS - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, smaller than the maximum AFOS drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for GXLC and AFOS.

Drawdown Indicators

	GXLC	AFOS	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-11.52%	+2.44%
Current Drawdown Current decline from peak	-2.88%	-4.83%	+1.95%
Average Drawdown Average peak-to-trough decline	-1.50%	-1.38%	-0.12%

Volatility

Volatility by Period

	GXLC	AFOS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	20.74%	-7.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.63%	20.74%	-7.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	20.74%	-7.11%

GXLC vs. AFOS - Expense Ratio Comparison

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

Dividends

GXLC vs. AFOS - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.64%, more than AFOS's 0.24% yield.

Position	TTM	2025
AFOS ARS Focused Opportunities Strategy ETF	0.24%	0.30%
GXLC Global X U.S. 500 ETF	0.64%	0.30%

Frequently Asked Questions

Can I hold both GXLC and AFOS in my portfolio?

GXLC and AFOS have a correlation of 0.84, 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 AFOS?

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 AFOS?

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

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

GXLC has the higher dividend yield at 0.64%, compared with 0.24% for AFOS.

What is the main difference between GXLC and AFOS?

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