NXTI vs. GXLC

Last updated Jun 25, 2026

NXTI (Simplify NEXT Intangible Core Index ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - NXTI tracks the NEXT Intangible Core Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. NXTI charges 0.25%/yr vs 0.02%/yr for GXLC.

Performance

NXTI vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify NEXT Intangible Core Index ETF (NXTI) 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, NXTI achieves a 5.16% return, which is significantly lower than GXLC's 7.95% return.

NXTI

• 1D: -0.23%
• 1M: 1.57%
• YTD: 5.16%
• 6M: 3.08%
• 1Y: 12.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -0.33%
• 1M: -1.44%
• YTD: 7.95%
• 6M: 6.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NXTI vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
NXTI Simplify NEXT Intangible Core Index ETF	5.16%	-0.30%
GXLC Global X U.S. 500 ETF	7.95%	3.22%

Correlation

The correlation between NXTI and GXLC is 0.80, 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	0.80

Return for Risk

NXTI vs. GXLC — Risk / Return Rank

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

NXTI

NXTI Risk / Return Rank: 23
NXTI Sharpe Ratio Rank: 25
NXTI Sortino Ratio Rank: 24
NXTI Omega Ratio Rank: 23
NXTI Calmar Ratio Rank: 22
NXTI Martin Ratio Rank: 22

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.

NXTI vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify NEXT Intangible Core Index ETF (NXTI) 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.

	NXTI	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	0.84	—	—
Sortino ratio: Return per unit of downside risk	1.24	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.97	—	—
Martin ratio: Return relative to average drawdown	2.58	—	—

Drawdowns

NXTI vs. GXLC - Drawdown Comparison

The maximum NXTI drawdown since its inception was -19.65%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for NXTI and GXLC.

Drawdown Indicators

	NXTI	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-19.65%	-9.08%	-10.57%
Max Drawdown (1Y) Largest decline over 1 year	-12.99%	—	—
Current Drawdown Current decline from peak	-3.59%	-3.37%	-0.22%
Average Drawdown Average peak-to-trough decline	-3.22%	-1.55%	-1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	—	—

Volatility

Volatility by Period

	NXTI	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.08%	13.82%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	13.82%	+3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	13.82%	+3.32%

NXTI vs. GXLC - Expense Ratio Comparison

NXTI 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

NXTI vs. GXLC - Dividend Comparison

NXTI's dividend yield for the trailing twelve months is around 0.59%, less than GXLC's 0.65% yield.

Position	TTM	2025	2024
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%
NXTI Simplify NEXT Intangible Core Index ETF	0.59%	0.62%	3.70%

Frequently Asked Questions

Can I hold both NXTI and GXLC in my portfolio?

NXTI and GXLC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NXTI 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, NXTI or GXLC?

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

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

GXLC has the higher dividend yield at 0.65%, compared with 0.59% for NXTI.

What is the main difference between NXTI and GXLC?

NXTI tracks NEXT Intangible Core Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Simplify and Global X. Their fees differ too: 0.25% for NXTI and 0.02% for GXLC.