GXLC vs SPY
Global X US 500 ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
GXLC has a lower expense ratio. SPY delivered stronger 1-year returns. GXLC offers more diversification with 506 holdings.
Side-by-Side Comparison
| Metric | GXLC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.02% | 0.09% | |
| AUM | $5M | $821.1B | |
| Dividend Yield | 0.64% | 1.01% | |
| Holdings | 506 | 505 | |
| YTD Return | +12.86% | +12.68% | |
| 1Y Return | +16.56% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -9.1% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 23, 2025 | Jan 22, 1993 |
GXLC vs SPY Performance
Global X US 500 ETF (GXLC) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year GXLC returned +16.56% while SPY returned +21.82%. Year to date, GXLC is up 12.86% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -9.1% for GXLC and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
GXLC charges 0.02% per year while SPY charges 0.09%. On a $10,000 position that is $2 vs $9 annually, a gap of $7 per year that compounds over a long holding period. On income, GXLC currently yields 0.64% against 1.01% for SPY.
Holdings Overlap
GXLC and SPY share 416 holdings out of 582 unique holdings combined, representing a 94.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, GXLC or SPY?
GXLC has an expense ratio of 0.02% while SPY charges 0.09%. GXLC is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, GXLC or SPY?
Over the past year GXLC returned +16.56% vs +21.82% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between GXLC and SPY?
GXLC and SPY share 416 common holdings with a 94.7% weight overlap. Combined, they hold 582 unique securities.
Which pays a higher dividend, GXLC or SPY?
GXLC yields 0.64% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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