SNAV vs. GXLC

Last updated Jun 24, 2026

SNAV (Mohr Sector Nav ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. SNAV is actively managed, while GXLC is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. SNAV charges 1.30%/yr vs 0.02%/yr for GXLC.

Performance

SNAV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Sector Nav ETF (SNAV) and Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SNAV having a 8.64% return and GXLC slightly lower at 8.31%.

SNAV

• 1D: -0.81%
• 1M: -0.19%
• YTD: 8.64%
• 6M: 7.86%
• 1Y: 20.56%
• 3Y*: 14.33%
• 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)

SNAV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
SNAV Mohr Sector Nav ETF	8.64%	1.27%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between SNAV and GXLC is 0.91, 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	0.91

Return for Risk

SNAV vs. GXLC — Risk / Return Rank

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

SNAV

SNAV Risk / Return Rank: 62
SNAV Sharpe Ratio Rank: 60
SNAV Sortino Ratio Rank: 56
SNAV Omega Ratio Rank: 58
SNAV Calmar Ratio Rank: 70
SNAV Martin Ratio Rank: 66

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.

SNAV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Sector Nav ETF (SNAV) 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.

	SNAV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.45	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	10.85	—	—

Drawdowns

SNAV vs. GXLC - Drawdown Comparison

The maximum SNAV drawdown since its inception was -16.61%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for SNAV and GXLC.

Drawdown Indicators

	SNAV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-9.08%	-7.53%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.61%	—	—
Current Drawdown Current decline from peak	-3.28%	-3.05%	-0.23%
Average Drawdown Average peak-to-trough decline	-2.51%	-1.54%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	—	—

Volatility

Volatility by Period

	SNAV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.35%	13.85%	-2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	13.85%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	13.85%	-0.12%

SNAV vs. GXLC - Expense Ratio Comparison

SNAV has a 1.30% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

SNAV vs. GXLC - Dividend Comparison

SNAV has not paid dividends to shareholders, while GXLC's dividend yield for the trailing twelve months is around 0.65%.

Position	TTM	2025	2024	2023
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%
SNAV Mohr Sector Nav ETF	0.00%	0.00%	0.94%	3.29%

Frequently Asked Questions

Can I hold both SNAV and GXLC in my portfolio?

With a correlation of 0.91, SNAV 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, SNAV 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, SNAV or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 1.30% for SNAV.

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

GXLC has the higher dividend yield at 0.65%, compared with 0.00% for SNAV.

What is the main difference between SNAV and GXLC?

They also come from different issuers: Mohr Funds and Global X. Their fees differ too: 1.30% for SNAV and 0.02% for GXLC.