LGDX vs. GXLC

Last updated Jun 24, 2026

LGDX (Intech S&P Large Cap Diversified Alpha ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. LGDX is actively managed, while GXLC is passively managed. With a 0.98 correlation, they move nearly in lockstep. LGDX charges 0.25%/yr vs 0.02%/yr for GXLC.

Performance

LGDX vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intech S&P Large Cap Diversified Alpha ETF (LGDX) 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, LGDX achieves a 6.86% return, which is significantly lower than GXLC's 8.31% return.

LGDX

• 1D: -0.98%
• 1M: -1.26%
• YTD: 6.86%
• 6M: 5.87%
• 1Y: 18.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -1.32%
• 1M: -1.12%
• YTD: 8.31%
• 6M: 7.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LGDX vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
LGDX Intech S&P Large Cap Diversified Alpha ETF	6.86%	2.26%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between LGDX and GXLC is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.98

Return for Risk

LGDX vs. GXLC — Risk / Return Rank

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

LGDX

LGDX Risk / Return Rank: 47
LGDX Sharpe Ratio Rank: 45
LGDX Sortino Ratio Rank: 44
LGDX Omega Ratio Rank: 43
LGDX Calmar Ratio Rank: 46
LGDX Martin Ratio Rank: 56

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.

LGDX vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intech S&P Large Cap Diversified Alpha ETF (LGDX) 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.

	LGDX	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.45	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	8.94	—	—

Drawdowns

LGDX vs. GXLC - Drawdown Comparison

The maximum LGDX drawdown since its inception was -15.79%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for LGDX and GXLC.

Drawdown Indicators

	LGDX	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-15.79%	-9.08%	-6.71%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	—	—
Current Drawdown Current decline from peak	-3.24%	-3.05%	-0.19%
Average Drawdown Average peak-to-trough decline	-2.04%	-1.54%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	—	—

Volatility

Volatility by Period

	LGDX	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	13.85%	-0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	13.85%	+4.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	13.85%	+4.50%

LGDX vs. GXLC - Expense Ratio Comparison

LGDX has a 0.25% expense ratio, which is higher than GXLC's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LGDX vs. GXLC - Dividend Comparison

LGDX's dividend yield for the trailing twelve months is around 0.49%, less than GXLC's 0.65% yield.

Position	TTM	2025
GXLC Global X U.S. 500 ETF	0.65%	0.30%
LGDX Intech S&P Large Cap Diversified Alpha ETF	0.49%	0.52%

Frequently Asked Questions

Can I hold both LGDX and GXLC in my portfolio?

With a correlation of 0.98, LGDX 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, LGDX 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, LGDX or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.25% for LGDX.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.49% for LGDX.

What is the main difference between LGDX and GXLC?

They also come from different issuers: Intech and Global X. Their fees differ too: 0.25% for LGDX and 0.02% for GXLC.