MOAT vs. GXLC

Last updated Aug 4, 2026

MOAT (VanEck Morningstar Wide Moat ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - MOAT tracks the Morningstar Wide Moat Focus Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. MOAT charges 0.47%/yr vs 0.02%/yr for GXLC.

Performance

MOAT vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat ETF (MOAT) 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, MOAT achieves a 5.78% return, which is significantly lower than GXLC's 11.54% return.

MOAT

• 1D: 1.36%
• 1M: 3.07%
• 6M: 4.21%
• YTD: 5.78%
• 1Y: 15.84%
• 3Y*: 12.01%
• 5Y*: 9.07%
• 10Y*: 13.61%
• ALL TIME*: 13.91%

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
MOAT VanEck Morningstar Wide Moat ETF	$67.13M	$66.89M	$81.17M

MOAT vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
MOAT VanEck Morningstar Wide Moat ETF	5.78%	6.12%
GXLC Global X U.S. 500 ETF	11.54%	3.22%

Correlation

The correlation between MOAT and GXLC is 0.64, 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	0.64

Return for Risk

MOAT vs. GXLC — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 41
MOAT Sharpe Ratio Rank: 45
MOAT Sortino Ratio Rank: 46
MOAT Omega Ratio Rank: 40
MOAT Calmar Ratio Rank: 37
MOAT Martin Ratio Rank: 37

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.

MOAT vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) 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.

	MOAT	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.14	—	—
Sortino ratio: Return per unit of downside risk	1.70	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.28	—	—
Martin ratio: Return relative to average drawdown	3.82	—	—

Drawdowns

MOAT vs. GXLC - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for MOAT and GXLC.

Drawdown Indicators

	MOAT	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-9.08%	-24.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	—	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-3.82%	-1.57%	-2.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.16%	—	—

Volatility

Volatility by Period

	MOAT	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.01%	13.64%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.30%	13.64%	+4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.63%	13.64%	+4.99%

MOAT vs. GXLC - Expense Ratio Comparison

MOAT has a 0.47% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

MOAT vs. GXLC - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.28%, more than GXLC's 0.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXLC Global X U.S. 500 ETF	0.63%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOAT VanEck Morningstar Wide Moat ETF	1.28%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Frequently Asked Questions

Can I hold both MOAT and GXLC in my portfolio?

MOAT and GXLC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MOAT 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, MOAT or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.47% for MOAT.

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

MOAT has the higher dividend yield at 1.28%, compared with 0.63% for GXLC.

What is the main difference between MOAT and GXLC?

MOAT tracks Morningstar Wide Moat Focus Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: VanEck and Global X. Their fees differ too: 0.47% for MOAT and 0.02% for GXLC.