LRND vs. GXLC

Last updated Jun 24, 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 0.94 suggests significant overlap in exposure. 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 5.96% return, which is significantly lower than GXLC's 8.31% return.

LRND

• 1D: -1.48%
• 1M: -3.62%
• YTD: 5.96%
• 6M: 5.12%
• 1Y: 24.68%
• 3Y*: 20.47%
• 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)

LRND vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
LRND IQ U.S. Large Cap R&D Leaders ETF	5.96%	2.87%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between LRND and GXLC is 0.94, 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	0.94

Return for Risk

LRND vs. GXLC — Risk / Return Rank

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

LRND

LRND Risk / Return Rank: 44
LRND Sharpe Ratio Rank: 48
LRND Sortino Ratio Rank: 46
LRND Omega Ratio Rank: 45
LRND Calmar Ratio Rank: 38
LRND Martin Ratio Rank: 45

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.

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	1.54	—	—
Sortino ratio: Return per unit of downside risk	2.12	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.79	—	—
Martin ratio: Return relative to average drawdown	6.84	—	—

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	-6.47%	-3.05%	-3.42%
Average Drawdown Average peak-to-trough decline	-6.22%	-1.54%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.62%	—	—

Volatility

Volatility by Period

	LRND	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	13.85%	+2.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.06%	13.85%	+6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.06%	13.85%	+6.21%

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 0.51%, less than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%
LRND IQ U.S. Large Cap R&D Leaders ETF	0.51%	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 0.94, 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 0.65%, compared with 0.51% 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.