GXLC vs. SIL

Last updated Jun 6, 2026

GXLC (Global X U.S. 500 ETF) and SIL (Global X Silver Miners ETF) are both exchange-traded funds - GXLC is a Large Cap Blend Equities fund tracking the Solactive GBS United States 500 Index, while SIL is a Silver fund tracking the Solactive Global Silver Miners Total Return Index. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. GXLC charges 0.02%/yr vs 0.65%/yr for SIL.

Performance

GXLC vs. SIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 ETF (GXLC) and Global X Silver Miners ETF (SIL). 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 higher than SIL's -5.08% return.

GXLC

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

SIL

• 1D: -10.44%
• 1M: -16.27%
• YTD: -5.08%
• 6M: 5.34%
• 1Y: 64.31%
• 3Y*: 44.00%
• 5Y*: 11.74%
• 10Y*: 9.56%

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

GXLC vs. SIL - Yearly Performance Comparison

	2026 (YTD)	2025
GXLC Global X U.S. 500 ETF	8.50%	3.22%
SIL Global X Silver Miners ETF	-5.08%	25.61%

Correlation

The correlation between GXLC and SIL is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.47

Return for Risk

GXLC vs. SIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIL

SIL Risk / Return Rank: 36
SIL Sharpe Ratio Rank: 36
SIL Sortino Ratio Rank: 32
SIL Omega Ratio Rank: 36
SIL Calmar Ratio Rank: 41
SIL Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXLC vs. SIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 ETF (GXLC) and Global X Silver Miners ETF (SIL). 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	SIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.27	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	0.12	+1.18

Drawdowns

GXLC vs. SIL - Drawdown Comparison

The maximum GXLC drawdown since its inception was -9.08%, smaller than the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for GXLC and SIL.

Drawdown Indicators

	GXLC	SIL	Difference
Max Drawdown Largest peak-to-trough decline	-9.08%	-82.99%	+73.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-32.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-55.08%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.04%	—
Current Drawdown Current decline from peak	-2.88%	-32.83%	+29.95%
Average Drawdown Average peak-to-trough decline	-1.50%	-51.44%	+49.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.08%	—

Volatility

Volatility by Period

	GXLC	SIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	43.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.63%	51.15%	-37.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.63%	39.48%	-25.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	39.74%	-26.11%

GXLC vs. SIL - Expense Ratio Comparison

GXLC has a 0.02% expense ratio, which is lower than SIL's 0.65% expense ratio.

Dividends

GXLC vs. SIL - Dividend Comparison

GXLC's dividend yield for the trailing twelve months is around 0.64%, less than SIL's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXLC Global X U.S. 500 ETF	0.64%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SIL Global X Silver Miners ETF	1.25%	1.18%	2.40%	0.59%	0.48%	1.59%	1.92%	1.53%	1.21%	0.02%	3.34%	0.38%

Frequently Asked Questions

Can I hold both GXLC and SIL in my portfolio?

GXLC and SIL have a correlation of 0.47, 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 SIL?

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 SIL?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.65% for SIL.

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

SIL has the higher dividend yield at 1.25%, compared with 0.64% for GXLC.

What is the main difference between GXLC and SIL?

GXLC is categorized as Large Cap Blend Equities, while SIL is Silver. GXLC tracks Solactive GBS United States 500 Index, while SIL tracks Solactive Global Silver Miners Total Return Index. Their fees differ too: 0.02% for GXLC and 0.65% for SIL.