PRCS vs. GXLC

Last updated Aug 4, 2026

PRCS (Parnassus Core Select ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. PRCS is actively managed, while GXLC is passively managed. Their correlation of 0.87 means they have usually moved in the same direction. PRCS charges 0.58%/yr vs 0.02%/yr for GXLC.

Performance

PRCS vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Parnassus Core Select ETF (PRCS) 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, PRCS achieves a 9.31% return, which is significantly lower than GXLC's 11.54% return.

PRCS

• 1D: 2.16%
• 1M: 2.63%
• 6M: 7.12%
• YTD: 9.31%
• 1Y: 15.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.99%

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
PRCS Parnassus Core Select ETF	$758.77K	$1.62M	$910.11K

PRCS vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
PRCS Parnassus Core Select ETF	9.31%	3.16%
GXLC Global X U.S. 500 ETF	11.54%	3.22%

Correlation

The correlation between PRCS and GXLC is 0.87, 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	0.87

Return for Risk

PRCS vs. GXLC — Risk / Return Rank

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

PRCS

PRCS Risk / Return Rank: 38
PRCS Sharpe Ratio Rank: 40
PRCS Sortino Ratio Rank: 40
PRCS Omega Ratio Rank: 38
PRCS Calmar Ratio Rank: 33
PRCS Martin Ratio Rank: 40

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.

PRCS vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Select ETF (PRCS) 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.

	PRCS	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.11	—	—
Sortino ratio: Return per unit of downside risk	1.62	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.19	—	—
Martin ratio: Return relative to average drawdown	4.64	—	—

Drawdowns

PRCS vs. GXLC - Drawdown Comparison

The maximum PRCS drawdown since its inception was -18.20%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for PRCS and GXLC.

Drawdown Indicators

	PRCS	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-18.20%	-9.08%	-9.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	—	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	-2.86%	-1.57%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	—	—

Volatility

Volatility by Period

	PRCS	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	13.64%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.83%	13.64%	+3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.83%	13.64%	+3.19%

PRCS vs. GXLC - Expense Ratio Comparison

PRCS has a 0.58% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

PRCS vs. GXLC - Dividend Comparison

PRCS's dividend yield for the trailing twelve months is around 0.12%, less than GXLC's 0.63% yield.

Position	TTM	2025
GXLC Global X U.S. 500 ETF	0.63%	0.30%
PRCS Parnassus Core Select ETF	0.12%	0.13%

Frequently Asked Questions

Can I hold both PRCS and GXLC in my portfolio?

PRCS and GXLC have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRCS 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, PRCS or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.58% for PRCS.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.12% for PRCS.

What is the main difference between PRCS and GXLC?

They also come from different issuers: Parnassus and Global X. Their fees differ too: 0.58% for PRCS and 0.02% for GXLC.