QQLV vs. GXLC

Last updated Jun 24, 2026

QQLV (Invesco QQQ Low Volatility ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - QQLV tracks the Nasdaq Low Volatility Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. At a 0.31 correlation, their price movements are largely independent. QQLV charges 0.25%/yr vs 0.02%/yr for GXLC.

Performance

QQLV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ Low Volatility ETF (QQLV) 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, QQLV achieves a 2.18% return, which is significantly lower than GXLC's 8.31% return.

QQLV

• 1D: 0.70%
• 1M: -1.30%
• YTD: 2.18%
• 6M: 1.84%
• 1Y: -0.14%
• 3Y*: —
• 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)

QQLV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
QQLV Invesco QQQ Low Volatility ETF	2.18%	-1.05%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between QQLV and GXLC is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.31

Return for Risk

QQLV vs. GXLC — Risk / Return Rank

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

QQLV

QQLV Risk / Return Rank: 8
QQLV Sharpe Ratio Rank: 9
QQLV Sortino Ratio Rank: 8
QQLV Omega Ratio Rank: 8
QQLV Calmar Ratio Rank: 9
QQLV Martin Ratio Rank: 9

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.

QQLV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Low Volatility ETF (QQLV) 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.

	QQLV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	—	—
Sortino ratio: Return per unit of downside risk	0.05	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.02	—	—
Martin ratio: Return relative to average drawdown	-0.04	—	—

Drawdowns

QQLV vs. GXLC - Drawdown Comparison

The maximum QQLV drawdown since its inception was -9.54%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for QQLV and GXLC.

Drawdown Indicators

	QQLV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-9.54%	-9.08%	-0.46%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	—	—
Current Drawdown Current decline from peak	-3.38%	-3.05%	-0.33%
Average Drawdown Average peak-to-trough decline	-3.17%	-1.54%	-1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	—	—

Volatility

Volatility by Period

	QQLV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	13.85%	-3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.69%	13.85%	-1.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.69%	13.85%	-1.16%

QQLV vs. GXLC - Expense Ratio Comparison

QQLV 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

QQLV vs. GXLC - Dividend Comparison

QQLV's dividend yield for the trailing twelve months is around 2.10%, more than GXLC's 0.65% yield.

Position	TTM	2025
GXLC Global X U.S. 500 ETF	0.65%	0.30%
QQLV Invesco QQQ Low Volatility ETF	2.10%	1.84%

Frequently Asked Questions

Can I hold both QQLV and GXLC in my portfolio?

QQLV and GXLC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQLV 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, QQLV or GXLC?

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

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

QQLV has the higher dividend yield at 2.10%, compared with 0.65% for GXLC.

What is the main difference between QQLV and GXLC?

QQLV tracks Nasdaq Low Volatility Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.25% for QQLV and 0.02% for GXLC.