THLV vs. GXLC

Last updated Jun 24, 2026

THLV (THOR Equal Weight Low Volatility ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - THLV tracks the THOR Equal Weight Low Volatility Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. THLV charges 0.64%/yr vs 0.02%/yr for GXLC.

Performance

THLV vs. GXLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in THOR Equal Weight Low Volatility ETF (THLV) 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, THLV achieves a 10.20% return, which is significantly higher than GXLC's 8.31% return.

THLV

• 1D: -0.82%
• 1M: 1.23%
• YTD: 10.20%
• 6M: 9.69%
• 1Y: 18.38%
• 3Y*: 12.14%
• 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)

THLV vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
THLV THOR Equal Weight Low Volatility ETF	10.20%	1.67%
GXLC Global X U.S. 500 ETF	8.31%	3.22%

Correlation

The correlation between THLV and GXLC is 0.64, 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	0.64

Return for Risk

THLV vs. GXLC — Risk / Return Rank

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

THLV

THLV Risk / Return Rank: 57
THLV Sharpe Ratio Rank: 58
THLV Sortino Ratio Rank: 58
THLV Omega Ratio Rank: 55
THLV Calmar Ratio Rank: 61
THLV 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.

THLV vs. GXLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for THOR Equal Weight Low Volatility ETF (THLV) 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.

	THLV	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	1.80	—	—
Sortino ratio: Return per unit of downside risk	2.53	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.77	—	—
Martin ratio: Return relative to average drawdown	8.24	—	—

Drawdowns

THLV vs. GXLC - Drawdown Comparison

The maximum THLV drawdown since its inception was -13.15%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for THLV and GXLC.

Drawdown Indicators

	THLV	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-13.15%	-9.08%	-4.07%
Max Drawdown (1Y) Largest decline over 1 year	-6.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.15%	—	—
Current Drawdown Current decline from peak	-1.35%	-3.05%	+1.70%
Average Drawdown Average peak-to-trough decline	-3.74%	-1.54%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	—	—

Volatility

Volatility by Period

	THLV	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	13.85%	-3.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.81%	13.85%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.81%	13.85%	-2.04%

THLV vs. GXLC - Expense Ratio Comparison

THLV has a 0.64% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

THLV vs. GXLC - Dividend Comparison

THLV's dividend yield for the trailing twelve months is around 1.61%, more than GXLC's 0.65% yield.

Position	TTM	2025	2024	2023	2022
GXLC Global X U.S. 500 ETF	0.65%	0.30%	0.00%	0.00%	0.00%
THLV THOR Equal Weight Low Volatility ETF	1.61%	1.77%	1.25%	2.72%	0.62%

Frequently Asked Questions

Can I hold both THLV and GXLC in my portfolio?

THLV and GXLC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THLV 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, THLV or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.64% for THLV.

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

THLV has the higher dividend yield at 1.61%, compared with 0.65% for GXLC.

What is the main difference between THLV and GXLC?

THLV tracks THOR Equal Weight Low Volatility Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: THOR and Global X. Their fees differ too: 0.64% for THLV and 0.02% for GXLC.