GXLC vs IVV
Global X US 500 ETF vs iShares Core S&P 500 ETF
Which is better, GXLC or IVV?
Nearly the same fund. GXLC costs less.
GXLC has a lower expense ratio. IVV led over 1Y. The two have moved almost in lockstep, correlation 1.00. GXLC is less concentrated, with 37.5% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GXLC | IVV |
|---|---|---|
| Expense Ratio | 0.02%Best | 0.03% |
| AUM | $5M | $876.4B |
| Dividend Yield | 0.89% | 1.06% |
| Holdings | 505 | 508 |
| YTD Return | +12.64%Best | +12.51% |
| 1Y Return | +16.33% | +17.57%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 13.4% | 13.3%Best |
| Top 10 Weight | 37.5%Best | 37.9% |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 23, 2025 | May 15, 2000 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
GXLC vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GXLC vs IVV Performance
Global X US 500 ETF (GXLC) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year GXLC returned +16.33% while IVV returned +17.57%. Year to date, GXLC is up 12.64% versus a gain of 12.51% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GXLC has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 13.3% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GXLC charges 0.02% per year while IVV charges 0.03%. On a $10,000 position that is $2 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, GXLC currently yields 0.89% against 1.06% for IVV.
Holdings Overlap
95.1% of GXLC's money is in holdings IVV also owns. 96.1% of IVV's money is in holdings GXLC also owns.
Most of IVV is already inside GXLC. Owning both mostly buys the same companies twice.
414 positions in common, counted across the 494 positions we hold weights for in GXLC and 505 in IVV, against full books of 505 and 508.
What only one of them owns
Our book lists 86 positions for IVV that do not appear in our book for GXLC (3.5% of the fund), and 63 for GXLC that do not appear in IVV (2.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GXLC | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.41% | 7.98% | 0.57% |
| AAPLApple, Inc | 6.62% | 6.86% | 0.24% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.39% | 5.44% | 0.05% |
| AMZNAmazon.Com Inc | 3.98% | 4.01% | 0.03% |
| GOOGLAlphabet A Usd 0.001 | 3.29% | 3.19% | 0.10% |
| AVGOBroadcom Inc | 2.90% | 2.98% | 0.08% |
| GOOGAlphabet Inc | 2.84% | 2.56% | 0.28% |
| METAMeta Platforms, Inc. | 1.93% | 1.94% | 0.01% |
| MUMicron Technology, Inc. | 1.50% | 1.51% | 0.01% |
| TSLATesla Inc | 1.64% | 1.36% | 0.28% |
96.1% of IVV is already inside GXLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GXLC or IVV?
GXLC has an expense ratio of 0.02% while IVV charges 0.03%. GXLC is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, GXLC or IVV?
Over the past year GXLC returned +16.33% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXLC or IVV?
GXLC has been the more volatile fund at 13.4% annualized versus 13.3% for IVV.
Should I hold both GXLC and IVV?
GXLC and IVV have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GXLC and IVV?
96.1% of IVV's money is in holdings GXLC also owns. 96.1% of IVV's is in holdings GXLC also owns. They hold 414 positions in common, counted across the 494 positions we hold weights for in GXLC and 505 in IVV.
Which pays a higher dividend, GXLC or IVV?
GXLC yields 0.89% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than GXLC?
GXLC has a lower expense ratio. IVV led over 1Y. The two have moved almost in lockstep, correlation 1.00. GXLC is less concentrated, with 37.5% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.