RWLC vs. GXLC

Last updated Jun 23, 2026

RWLC (Rayliant Wilshire NxtGen US Large Cap Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - RWLC tracks the S&P 500 while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. RWLC charges 0.32%/yr vs 0.02%/yr for GXLC.

Performance

RWLC vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rayliant Wilshire NxtGen US Large Cap Equity ETF (RWLC) 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, RWLC achieves a 11.76% return, which is significantly higher than GXLC's 9.76% return.

RWLC

• 1D: -0.23%
• 1M: 0.88%
• YTD: 11.76%
• 6M: 11.55%
• 1Y: 22.59%
• 3Y*: 23.44%
• 5Y*: —
• 10Y*: —

GXLC

• 1D: -0.47%
• 1M: 0.20%
• YTD: 9.76%
• 6M: 9.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RWLC vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
RWLC Rayliant Wilshire NxtGen US Large Cap Equity ETF	11.76%	0.38%
GXLC Global X U.S. 500 ETF	9.76%	3.22%

Correlation

The correlation between RWLC and GXLC is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.73

Return for Risk

RWLC vs. GXLC — Risk / Return Rank

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

RWLC

RWLC Risk / Return Rank: 49
RWLC Sharpe Ratio Rank: 47
RWLC Sortino Ratio Rank: 49
RWLC Omega Ratio Rank: 47
RWLC Calmar Ratio Rank: 51
RWLC Martin Ratio Rank: 52

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.

RWLC vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rayliant Wilshire NxtGen US Large Cap Equity ETF (RWLC) 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.

	RWLC	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.58	—	—
Sortino ratio: Return per unit of downside risk	2.36	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.43	—	—
Martin ratio: Return relative to average drawdown	8.84	—	—

Drawdowns

RWLC vs. GXLC - Drawdown Comparison

The maximum RWLC drawdown since its inception was -21.00%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for RWLC and GXLC.

Drawdown Indicators

	RWLC	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-21.00%	-9.08%	-11.92%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.20%	—	—
Current Drawdown Current decline from peak	-1.45%	-1.76%	+0.31%
Average Drawdown Average peak-to-trough decline	-5.39%	-1.53%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	—	—

Volatility

Volatility by Period

	RWLC	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	13.79%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.51%	13.79%	+2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.51%	13.79%	+2.72%

RWLC vs. GXLC - Expense Ratio Comparison

RWLC has a 0.32% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

RWLC vs. GXLC - Dividend Comparison

RWLC's dividend yield for the trailing twelve months is around 13.14%, more than GXLC's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021
GXLC Global X U.S. 500 ETF	0.64%	0.30%	0.00%	0.00%	0.00%	0.00%
RWLC Rayliant Wilshire NxtGen US Large Cap Equity ETF	13.14%	14.69%	0.98%	1.63%	1.39%	0.01%

Frequently Asked Questions

Can I hold both RWLC and GXLC in my portfolio?

RWLC and GXLC have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RWLC 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, RWLC or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.32% for RWLC.

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

RWLC has the higher dividend yield at 13.14%, compared with 0.64% for GXLC.

What is the main difference between RWLC and GXLC?

RWLC tracks S&P 500, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Rayliant and Global X. Their fees differ too: 0.32% for RWLC and 0.02% for GXLC.