GXLC vs. ESUM

Last updated Jun 27, 2026

GXLC (Global X U.S. 500 ETF) and ESUM (Eventide US Market ETF) are both Large Cap Blend Equities funds. GXLC is passively managed, while ESUM is actively managed. Their correlation of 0.87 suggests significant overlap in exposure. GXLC charges 0.02%/yr vs 0.39%/yr for ESUM.

Performance

GXLC vs. ESUM - Performance Comparison

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

Returns By Period

In the year-to-date period, GXLC achieves a 8.02% return, which is significantly lower than ESUM's 12.33% return.

GXLC

• 1D: 0.09%
• 1M: -2.00%
• YTD: 8.02%
• 6M: 6.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESUM

• 1D: 1.00%
• 1M: 2.28%
• YTD: 12.33%
• 6M: 10.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXLC vs. ESUM - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	8.02%	3.22%
ESUM Eventide US Market ETF	12.33%	-0.40%

Correlation

The correlation between GXLC and ESUM is 0.87, 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 24, 2025	0.87

Return for Risk

GXLC vs. ESUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and Eventide US Market ETF (ESUM). 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. ESUM - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, which is greater than ESUM's maximum drawdown of -8.13%. Use the drawdown chart below to compare losses from any high point for GXLC and ESUM.

Drawdown Indicators

	GXLC	ESUM	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-8.13%	-0.95%
Current Drawdown Current decline from peak	-3.31%	-0.53%	-2.78%
Average Drawdown Average peak-to-trough decline	-1.57%	-1.61%	+0.04%

Volatility

Volatility by Period

	GXLC	ESUM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	14.32%	-0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.75%	14.32%	-0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.75%	14.32%	-0.57%

GXLC vs. ESUM - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than ESUM's 0.39% expense ratio.

Dividends

GXLC vs. ESUM - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.65%, more than ESUM's 0.57% yield.

Position	TTM	2025
ESUM Eventide US Market ETF	0.57%	0.48%
GXLC Global X U.S. 500 ETF	0.65%	0.30%

Frequently Asked Questions

Can I hold both GXLC and ESUM in my portfolio?

GXLC and ESUM have a correlation of 0.87, 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 ESUM?

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 ESUM?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.39% for ESUM.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.57% for ESUM.

What is the main difference between GXLC and ESUM?

They also come from different issuers: Global X and Eventide. Their fees differ too: 0.02% for GXLC and 0.39% for ESUM.