KOOL vs. GXLC

Last updated Jun 23, 2026

KOOL (North Shore Equity Rotation ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. KOOL is actively managed, while GXLC is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. KOOL charges 0.94%/yr vs 0.02%/yr for GXLC.

Performance

KOOL vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Shore Equity Rotation ETF (KOOL) 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, KOOL achieves a 13.81% return, which is significantly higher than GXLC's 9.76% return.

KOOL

• 1D: 0.32%
• 1M: -0.72%
• YTD: 13.81%
• 6M: 13.28%
• 1Y: 28.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -0.47%
• 1M: 0.20%
• YTD: 9.76%
• 6M: 9.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KOOL vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
KOOL North Shore Equity Rotation ETF	13.81%	0.81%
GXLC Global X U.S. 500 ETF	9.76%	3.22%

Correlation

The correlation between KOOL and GXLC is 0.92, 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	0.92

Return for Risk

KOOL vs. GXLC — Risk / Return Rank

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

KOOL

KOOL Risk / Return Rank: 69
KOOL Sharpe Ratio Rank: 65
KOOL Sortino Ratio Rank: 62
KOOL Omega Ratio Rank: 62
KOOL Calmar Ratio Rank: 78
KOOL Martin Ratio Rank: 79

GXLC

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

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.

KOOL vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Shore Equity Rotation ETF (KOOL) 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.

	KOOL	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	2.07	—	—
Sortino ratio: Return per unit of downside risk	2.80	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.92	—	—
Martin ratio: Return relative to average drawdown	14.88	—	—

Drawdowns

KOOL vs. GXLC - Drawdown Comparison

The maximum KOOL drawdown since its inception was -20.46%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for KOOL and GXLC.

Drawdown Indicators

	KOOL	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-20.46%	-9.08%	-11.38%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	—	—
Current Drawdown Current decline from peak	-2.20%	-1.76%	-0.44%
Average Drawdown Average peak-to-trough decline	-2.52%	-1.53%	-0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	KOOL	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.62%	13.79%	-0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	13.79%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.06%	13.79%	+3.27%

KOOL vs. GXLC - Expense Ratio Comparison

KOOL has a 0.94% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

KOOL vs. GXLC - Dividend Comparison

KOOL's dividend yield for the trailing twelve months is around 0.35%, less than GXLC's 0.64% yield.

Position	TTM	2025	2024
GXLC Global X U.S. 500 ETF	0.64%	0.30%	0.00%
KOOL North Shore Equity Rotation ETF	0.35%	0.37%	0.56%

Frequently Asked Questions

Can I hold both KOOL and GXLC in my portfolio?

With a correlation of 0.92, KOOL and GXLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, KOOL 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, KOOL or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.94% for KOOL.

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

GXLC has the higher dividend yield at 0.64%, compared with 0.35% for KOOL.

What is the main difference between KOOL and GXLC?

They also come from different issuers: North Shore and Global X. Their fees differ too: 0.94% for KOOL and 0.02% for GXLC.