SCHB vs. GXLC

Last updated Jun 26, 2026

SCHB (Schwab U.S. Broad Market ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - SCHB tracks the Dow Jones U.S. Broad Stock Market Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. With a 0.99 correlation, they move nearly in lockstep. SCHB charges 0.03%/yr vs 0.02%/yr for GXLC.

Performance

SCHB vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Broad Market ETF (SCHB) 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, SCHB achieves a 8.93% return, which is significantly higher than GXLC's 7.92% return.

SCHB

• 1D: 0.07%
• 1M: -1.50%
• YTD: 8.93%
• 6M: 7.50%
• 1Y: 22.90%
• 3Y*: 20.79%
• 5Y*: 11.90%
• 10Y*: 15.36%

GXLC

• 1D: -0.03%
• 1M: -2.12%
• YTD: 7.92%
• 6M: 6.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHB vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
SCHB Schwab U.S. Broad Market ETF	8.93%	2.64%
GXLC Global X U.S. 500 ETF	7.92%	3.22%

Correlation

The correlation between SCHB and GXLC is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.99

Return for Risk

SCHB vs. GXLC — Risk / Return Rank

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

SCHB

SCHB Risk / Return Rank: 64
SCHB Sharpe Ratio Rank: 63
SCHB Sortino Ratio Rank: 61
SCHB Omega Ratio Rank: 62
SCHB Calmar Ratio Rank: 61
SCHB Martin Ratio Rank: 71

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.

SCHB vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Broad Market ETF (SCHB) 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.

	SCHB	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.80	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.58	—	—
Martin ratio: Return relative to average drawdown	11.35	—	—

Drawdowns

SCHB vs. GXLC - Drawdown Comparison

The maximum SCHB drawdown since its inception was -35.27%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for SCHB and GXLC.

Drawdown Indicators

	SCHB	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-35.27%	-9.08%	-26.19%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.27%	—	—
Current Drawdown Current decline from peak	-2.81%	-3.40%	+0.59%
Average Drawdown Average peak-to-trough decline	-4.11%	-1.56%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	—	—

Volatility

Volatility by Period

	SCHB	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	13.78%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	13.78%	+3.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	13.78%	+4.55%

SCHB vs. GXLC - Expense Ratio Comparison

SCHB has a 0.03% 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

SCHB vs. GXLC - Dividend Comparison

SCHB's dividend yield for the trailing twelve months is around 1.06%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHB Schwab U.S. Broad Market ETF	1.06%	1.11%	1.24%	1.40%	1.61%	1.21%	1.63%	1.80%	2.00%	1.65%	1.86%	2.00%

Frequently Asked Questions

Can I hold both SCHB and GXLC in my portfolio?

With a correlation of 0.99, SCHB and GXLC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SCHB 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, SCHB or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.03% for SCHB.

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

SCHB has the higher dividend yield at 1.06%, compared with 0.65% for GXLC.

What is the main difference between SCHB and GXLC?

SCHB tracks Dow Jones U.S. Broad Stock Market Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: Charles Schwab and Global X. Their fees differ too: 0.03% for SCHB and 0.02% for GXLC.