KAT vs. GXLC

Last updated Aug 2, 2026

KAT (Scharf ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. KAT is actively managed, while GXLC is passively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. KAT charges 0.75%/yr vs 0.02%/yr for GXLC.

Performance

KAT vs. GXLC - Performance Comparison

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

Returns By Period

In the year-to-date period, KAT achieves a 3.63% return, which is significantly lower than GXLC's 10.06% return.

KAT

• 1D: 1.14%
• 1M: 2.91%
• 6M: 2.43%
• YTD: 3.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GXLC

• 1D: 0.86%
• 1M: 0.20%
• 6M: 8.81%
• YTD: 10.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
GXLC Global X U.S. 500 ETF	$27.98K	$20.23K	$17.31K
KAT Scharf ETF	$571.01K	$654.17K	$709.38K

KAT vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
KAT Scharf ETF	3.63%	-1.66%
GXLC Global X U.S. 500 ETF	10.06%	3.22%

Correlation

The correlation between KAT and GXLC is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.57

Return for Risk

KAT vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Scharf ETF (KAT) and Global X U.S. 500 ETF (GXLC). 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

KAT vs. GXLC - Drawdown Comparison

The maximum KAT drawdown since its inception was -9.25%, roughly equal to the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for KAT and GXLC.

Drawdown Indicators

	KAT	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-9.08%	-0.17%
Current Drawdown Current decline from peak	-1.89%	-1.48%	-0.41%
Average Drawdown Average peak-to-trough decline	-3.46%	-1.58%	-1.88%

Volatility

Volatility by Period

	KAT	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	13.60%	-3.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	13.60%	-3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.48%	13.60%	-3.12%

KAT vs. GXLC - Expense Ratio Comparison

KAT has a 0.75% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

KAT vs. GXLC - Dividend Comparison

KAT's dividend yield for the trailing twelve months is around 0.08%, less than GXLC's 0.64% yield.

Position	TTM	2025
GXLC Global X U.S. 500 ETF	0.64%	0.30%
KAT Scharf ETF	0.08%	0.00%

Frequently Asked Questions

Can I hold both KAT and GXLC in my portfolio?

KAT and GXLC have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KAT or GXLC?

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, KAT or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.75% for KAT.

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

GXLC has the higher dividend yield at 0.64%, compared with 0.08% for KAT.

What is the main difference between KAT and GXLC?

They also come from different issuers: Scharf Investments and Global X. Their fees differ too: 0.75% for KAT and 0.02% for GXLC.