LRND vs. GXLC

Last updated Aug 4, 2026

LRND (IQ U.S. Large Cap R&D Leaders ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - LRND tracks the IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. Their correlation of 0.93 means they have usually moved in the same direction. LRND charges 0.14%/yr vs 0.02%/yr for GXLC.

Performance

LRND vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ U.S. Large Cap R&D Leaders ETF (LRND) 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, LRND achieves a 12.76% return, which is significantly higher than GXLC's 11.54% return.

LRND

• 1D: 1.97%
• 1M: 3.93%
• 6M: 12.78%
• YTD: 12.76%
• 1Y: 26.47%
• 3Y*: 21.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.66%

GXLC

• 1D: 1.34%
• 1M: 1.54%
• 6M: 9.67%
• YTD: 11.54%
• 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	$25.69K	$21.89K	$18.29K
LRND IQ U.S. Large Cap R&D Leaders ETF	$19.34K	$1.86M	$1.87M

LRND vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
LRND IQ U.S. Large Cap R&D Leaders ETF	12.76%	2.87%
GXLC Global X U.S. 500 ETF	11.54%	3.22%

Correlation

The correlation between LRND and GXLC is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.93

Return for Risk

LRND vs. GXLC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LRND

LRND Risk / Return Rank: 58
LRND Sharpe Ratio Rank: 64
LRND Sortino Ratio Rank: 61
LRND Omega Ratio Rank: 58
LRND Calmar Ratio Rank: 51
LRND Martin Ratio Rank: 54

GXLC

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LRND vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ U.S. Large Cap R&D Leaders ETF (LRND) 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.

	LRND	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.21	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.92	—	—
Martin ratio: Return relative to average drawdown	6.83	—	—

Drawdowns

LRND vs. GXLC - Drawdown Comparison

The maximum LRND drawdown since its inception was -25.43%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for LRND and GXLC.

Drawdown Indicators

	LRND	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-25.43%	-9.08%	-16.35%
Max Drawdown (1Y) Largest decline over 1 year	-13.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.06%	—	—
Current Drawdown Current decline from peak	-0.47%	-0.16%	-0.31%
Average Drawdown Average peak-to-trough decline	-6.16%	-1.57%	-4.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	—	—

Volatility

Volatility by Period

	LRND	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.71%	13.64%	+3.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.99%	13.64%	+6.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	13.64%	+6.35%

LRND vs. GXLC - Expense Ratio Comparison

LRND has a 0.14% 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

LRND vs. GXLC - Dividend Comparison

LRND's dividend yield for the trailing twelve months is around 0.41%, less than GXLC's 0.63% yield.

Position	TTM	2025	2024	2023	2022
GXLC Global X U.S. 500 ETF	0.63%	0.30%	0.00%	0.00%	0.00%
LRND IQ U.S. Large Cap R&D Leaders ETF	0.41%	0.67%	0.97%	1.22%	1.32%

Frequently Asked Questions

Can I hold both LRND and GXLC in my portfolio?

With a correlation of 0.93, LRND 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, LRND 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, LRND or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.14% for LRND.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.41% for LRND.

What is the main difference between LRND and GXLC?

LRND tracks IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: IndexIQ and Global X. Their fees differ too: 0.14% for LRND and 0.02% for GXLC.