STOX vs. GXLC

Last updated Jun 20, 2026

STOX (Horizon Core Equity ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds. With a 0.98 correlation, they move nearly in lockstep. STOX charges 0.70%/yr vs 0.02%/yr for GXLC.

Performance

STOX vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Core Equity ETF (STOX) 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, STOX achieves a 9.22% return, which is significantly lower than GXLC's 10.27% return.

STOX

• 1D: 1.12%
• 1M: 0.73%
• YTD: 9.22%
• 6M: 9.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXLC

• 1D: 1.19%
• 1M: 1.13%
• YTD: 10.27%
• 6M: 10.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOX vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
STOX Horizon Core Equity ETF	9.22%	3.22%
GXLC Global X U.S. 500 ETF	10.27%	3.22%

Correlation

The correlation between STOX and GXLC is 0.98 - 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	0.98

Return for Risk

STOX vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Core Equity ETF (STOX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

STOX vs. GXLC - Drawdown Comparison

The maximum STOX drawdown since its inception was -9.33%, roughly equal to the maximum GXLC drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for STOX and GXLC.

Drawdown Indicators

	STOX	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-9.33%	-9.08%	-0.25%
Current Drawdown Current decline from peak	-0.89%	-1.29%	+0.40%
Average Drawdown Average peak-to-trough decline	-1.19%	-1.53%	+0.34%

Volatility

Volatility by Period

	STOX	GXLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	13.82%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.80%	13.82%	-1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.80%	13.82%	-1.02%

STOX vs. GXLC - Expense Ratio Comparison

STOX has a 0.70% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

STOX vs. GXLC - Dividend Comparison

STOX's dividend yield for the trailing twelve months is around 0.17%, less than GXLC's 0.63% yield.

Position	TTM	2025
GXLC Global X U.S. 500 ETF	0.63%	0.30%
STOX Horizon Core Equity ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both STOX and GXLC in my portfolio?

With a correlation of 0.98, STOX 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, STOX 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, STOX or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.70% for STOX.

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

GXLC has the higher dividend yield at 0.63%, compared with 0.17% for STOX.

What is the main difference between STOX and GXLC?

They also come from different issuers: Horizon and Global X. Their fees differ too: 0.70% for STOX and 0.02% for GXLC.