BKLC vs GXLC: Grades, Fees and Holdings Compared

BNY Mellon US Large Cap Core Equity ETF

BKLCANYSE Arca

Global X U.S. 500 ETF

GXLCCNYSE Arca

Overlap

94.5%by weight

Expense ratio

BKLC −0.02pt a year

BKLC0.00%GXLC0.02%

Avg volume · 30D

BKLC 1610.5×the volume

BKLC628KGXLC390

BKLC vs GXLC Performance

Oct 31, 2025 – Oct 30, 2026

+11.2%BKLC+11.5%GXLC

Expense ratio: BKLC 0.00%, better; GXLC 0.02%
Fund size: BKLC $6.88B; GXLC $5M
1Y total return: BKLC +11.2%; GXLC +11.5%, better
Holdings: BKLC 504; GXLC 501
Avg volume (30D): BKLC 628K sh, better; GXLC 390 sh
NAV per share: BKLC $48.23; GXLC $91.06
52W range

ETF.net Grade

Pillar letters and Scores for BKLC, GXLC, with each pillar’s weight
Pillar	BKLC	GXLC
Cost30% weight	A100Higher	A96
Mission25% weight	A100Higher	A97
Risk15% weight	C53Higher	C42
Tradability15% weight	B66Higher	D34
Holdings10% weight	B61Higher	B56
Durability5% weight	A73Higher	F19

Rank among US Large-Cap funds

How we build Categories ›

Same Category. BKLC and GXLC are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

BKLC ranks 2nd and GXLC 23rd of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 80
Rank 22CFLCCFederated Hermes MDT Large Cap Core ETFScore 41
Rank 23CGXLCGlobal X U.S. 500 ETFScore 40
Rank 24DMAGATruth Social America First ETFScore 36

Our read on each fund

ETF.net Research

BKLCABNY Mellon US Large Cap Core Equity ETF

GXLCCGlobal X U.S. 500 ETF

In short

BKLC BNY launched BKLC in April 2020 as one of the first US stock ETFs with a 0.00% fee, no waiver, no expiration date. It still charges nothing to hold roughly 500 large US companies, while the typical fund in its peer group charges 0.14%.

GXLC The thematic-ETF shop goes plain vanilla. Global X's cheapest fund ever tracks the 500 largest U.S.-listed companies for two basis points, and it launched in 2025, making it the new kid in a cohort of entrenched giants.

Stated mandate

BKLC The fund seeks to track the performance of the Solactive GBS United States 500 Index TR.

GXLC The fund seeks to track, before fees and expenses, the price and yield performance of the Solactive GBS United States 500 Index.

Why people hold it

BKLC The fee is zero, not 'nearly zero.' No management fee and no waiver waiting to expire, against a 0.14% median in its large-cap peer group.prnewswire.com sec.gov
Even the discount giants charge something: SCHX and VV at 0.03%, VONE at 0.06%. BKLC's expense line reads 0.00%.
Boring by design: a rules-based basket of about 500 large US stocks tracking the Solactive GBS United States 500 Index, and the tracking has been tight.
Not a novelty product. It is a multi-billion-dollar fund run by BNY, and it pays distributions quarterly.

GXLC 0.02% a year, against a 0.14% median for its large-cap peer group. Among the cohort's top-rated names, only BKLC (0.00%) is cheaper; SCHX and VV both sit at 0.03%.
Does exactly what the label says: market-cap-weighted exposure to the Solactive GBS United States 500 Index, roughly 500 of the largest U.S.-listed companies, with close index fidelity.globalxetfs.com
Global X built its name on thematic niches. This is the house core fund, positioned by the issuer as a foundational holding and priced as its lowest-cost product.globalxetfs.com

Worth knowing

BKLC Zero fee is not zero cost. You still cross the bid-ask spread, and BKLC trades at moderate volume rather than the wall-to-wall liquidity of the biggest index funds.
One country, one asset class, one size band: US large-cap stocks. No bonds, no international, no small caps.
It opened in April 2020, so its live record is shorter than large-cap index rivals that have been running for decades.prnewswire.com

GXLC A 2025 launch with a small asset base. Young, subscale funds carry more closure and scale risk than decades-old rivals like SCHX and VV.
Thinly traded next to the category's household names, which can mean wider bid-ask spreads on the way in and out.
The benchmark is Solactive's US 500, not the S&P 500. Same neighborhood, different membership rules, so holdings can drift from the index most headlines quote.globalxetfs.com

Full BKLC profile⁠

Full GXLC profile⁠

BKLC vs GXLC Holdings

As of Oct 13, 2026

How BKLC and GXLC differ

Overlap by weight

94.5%

Shared holdings make up 99.3% of GXLC and 99.2% of BKLC.

Level by level

Holdings487 in both94.5%
Asset classEquity100%
Countryby domicile100%

Sector

No Sector split for GXLC.

Country, concentration and asset class

Country by domicile

Country weights in BKLC and GXLC, widest gap first
Country	More in BKLCMore in GXLC	BKLC	GXLC
United States	Same weight	99.3%	99.3%
Switzerland	Same weight	0.3%	0.3%
Brazil	Same weight	0.1%	0.1%
China	Same weight	0.1%	0.1%
United Kingdom	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Finland	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

BKLC36.9%
GXLC38.5%

Securities held

BKLC503
GXLC500

Asset class

BKLC: Equity
GXLC: Equity

Holdings

Only in BKLC16
In both487
Only in GXLC13

Only in BKLC

16 securities, 0.8% of BKLC by weight

Elevance Health Inc0.14%
Trane Technologies PLC0.14%
Becton Dickinson and Co0.08%
Vivmark Residential0.07%
Block Inc0.07%
Dreyfus Institutional Preferred Government Money M0.04%
Amrize Ltd0.04%
Net Current Assets0.04%
Steris PLC0.03%
Fiserv Inc0.03%
Lennar Corp - B Shs0.02%
Nvr Inc0.02%
Heico Corp-Class A0.02%
Bunge Global SA0.02%
Flutter Entertainment Plc-Di0.01%
Ubiquiti Inc<0.01%

Only in GXLC

13 securities, 0.7% of GXLC by weight

Trane Technologies PLC0.15%
Elevance Health Inc0.13%
Becton Dickinson and Co0.08%
Vivmark Residential0.07%
Block Inc0.06%
Kenvue Inc0.05%
Other Payable & Receivables0.05%
Fiserv Inc0.04%
Steris PLC0.03%
Amrize Ltd0.03%
Heico Corp-Class A0.02%
Bunge Global SA0.02%
Flutter Entertainment Plc-Di0.02%

Weight gaps

The 100 widest of 487 Holdings in both funds.

Holding weights in BKLC and GXLC, widest gap first
Holding	More in BKLCMore in GXLC	BKLC	GXLC
Alphabet Inc-Cl AGOOGL	GXLC +0.55 points	2.51%	3.06%
NVIDIA CorpNVDA	GXLC +0.53 points	7.28%	7.81%
Alphabet Inc-Cl CGOOG	GXLC +0.47 points	2.16%	2.63%
Meta Platforms Inc-Class AMETA	GXLC +0.36 points	2.06%	2.42%
Eli Lilly & CoLLY	BKLC +0.34 points	1.83%	1.49%
Apple IncAAPL	BKLC +0.31 points	7.53%	7.22%
Intel CorpINTC	GXLC +0.22 points	0.43%	0.65%
Advanced Micro DevicesAMD	GXLC +0.18 points	1.25%	1.43%
Amazon.com IncAMZN	GXLC +0.17 points	3.53%	3.70%
Tesla IncTSLA	BKLC +0.16 points	1.87%	1.71%
Broadcom IncAVGO	GXLC +0.13 points	2.32%	2.45%
Exxonmobil Holdings CorpXOM	BKLC +0.13 points	1.19%	1.06%
Lam Research CorpLRCX	GXLC +0.11 points	0.46%	0.57%
Micron Technology IncMU	GXLC +0.11 points	1.53%	1.64%
Caterpillar IncCAT	GXLC +0.11 points	0.43%	0.54%
Applied Materials IncAMAT	GXLC +0.11 points	0.47%	0.58%
Walmart IncWMT	BKLC +0.10 points	0.82%	0.72%
Visa Inc-Class A SharesV	BKLC +0.09 points	1.05%	0.96%
Berkshire Hathaway Inc-Cl BBRK.B	BKLC +0.09 points	1.16%	1.07%
Marvell Technology IncMRVL	GXLC +0.09 points	0.26%	0.35%
Chevron CorpCVX	BKLC +0.07 points	0.67%	0.60%
Mastercard Inc - AMA	BKLC +0.07 points	0.77%	0.70%
Home Depot IncHD	BKLC +0.06 points	0.49%	0.43%
Johnson & JohnsonJNJ	BKLC +0.07 points	1.01%	0.94%
Intl Business Machines CorpIBM	BKLC +0.06 points	0.37%	0.31%
AbbVie IncABBV	BKLC +0.06 points	0.80%	0.74%
Dell Technologies -CDELL	GXLC +0.06 points	0.19%	0.25%
Palantir Technologies Inc-APLTR	GXLC +0.06 points	0.60%	0.66%
Arista Networks IncANET	GXLC +0.05 points	0.27%	0.32%
Amgen IncAMGN	BKLC +0.05 points	0.38%	0.33%
Costco Wholesale CorpCOST	BKLC +0.06 points	0.69%	0.63%
Sandisk CorpSNDK	GXLC +0.06 points	0.26%	0.32%
Kla CorpKLAC	GXLC +0.05 points	0.32%	0.37%
Lockheed Martin CorpLMT	BKLC +0.06 points	0.23%	0.17%
Procter & Gamble Co/ThePG	BKLC +0.05 points	0.58%	0.53%
Ge Vernova IncGEV	GXLC +0.05 points	0.35%	0.40%
Servicenow IncNOW	GXLC +0.05 points	0.17%	0.22%
Fortinet IncFTNT	GXLC +0.05 points	0.13%	0.18%
UnitedHealth Group IncUNH	BKLC +0.05 points	0.56%	0.51%
JPMorgan Chase & CoJPM	BKLC +0.05 points	1.37%	1.32%
Kimberly-Clark CorpKMB	BKLC +0.05 points	0.10%	0.05%
Gilead Sciences IncGILD	BKLC +0.04 points	0.32%	0.28%
Accenture Plc-Cl AACN	BKLC +0.04 points	0.24%	0.20%
Cisco Systems IncCSCO	GXLC +0.05 points	0.63%	0.68%
Coca-Cola Co/TheKO	BKLC +0.04 points	0.56%	0.52%
Netflix IncNFLX	GXLC +0.04 points	0.40%	0.44%
Rtx CorpRTX	BKLC +0.04 points	0.41%	0.37%
ConocophillipsCOP	BKLC +0.04 points	0.29%	0.25%
Texas Instruments IncTXN	BKLC +0.03 points	0.41%	0.38%
Seagate Technology HoldingsSTX	GXLC +0.04 points	0.22%	0.26%
Microsoft CorpMSFT	GXLC +0.04 points	5.84%	5.88%
Bank of America CorpBAC	GXLC +0.03 points	0.47%	0.50%
Philip Morris InternationalPM	BKLC +0.04 points	0.50%	0.46%
Union Pacific CorpUNP	BKLC +0.03 points	0.28%	0.25%
Merck & Co. Inc.MRK	BKLC +0.03 points	0.56%	0.53%
Linde PLCLIN	BKLC +0.03 points	0.36%	0.33%
Regeneron PharmaceuticalsREGN	BKLC +0.03 points	0.14%	0.11%
Starbucks CorpSBUX	BKLC +0.03 points	0.18%	0.15%
Pepsico IncPEP	BKLC +0.02 points	0.28%	0.26%
Cloudflare Inc - Class ANET	GXLC +0.02 points	0.14%	0.16%
Thermo Fisher Scientific IncTMO	BKLC +0.02 points	0.39%	0.37%
Palo Alto Networks IncPANW	GXLC +0.03 points	0.45%	0.48%
Hewlett Packard EnterpriseHPE	GXLC +0.03 points	0.11%	0.14%
Deere & CoDE	BKLC +0.03 points	0.26%	0.23%
S&P Global IncSPGI	BKLC +0.02 points	0.20%	0.18%
Mcdonald's CorpMCD	BKLC +0.02 points	0.27%	0.25%
Lowe's Cos IncLOW	BKLC +0.03 points	0.18%	0.15%
Space Exploration Techn-Cl ASPCX	GXLC +0.03 points	0.13%	0.16%
Teradyne IncTER	GXLC +0.03 points	0.06%	0.09%
Abbott LaboratoriesABT	BKLC +0.03 points	0.29%	0.26%
Corning IncGLW	GXLC +0.03 points	0.14%	0.17%
Eaton Corp PLCETN	GXLC +0.03 points	0.22%	0.25%
Verizon Communications IncVZ	BKLC +0.02 points	0.29%	0.27%
American Express CoAXP	BKLC +0.02 points	0.27%	0.25%
Pfizer IncPFE	BKLC +0.02 points	0.26%	0.24%
Bristol-Myers Squibb CoBMY	BKLC +0.03 points	0.20%	0.17%
United Rentals IncURI	BKLC +0.02 points	0.11%	0.09%
Comcast Corp-Class ACMCSA	BKLC +0.02 points	0.13%	0.11%
BlackRock IncBLK	BKLC +0.03 points	0.28%	0.25%
Vertex Pharmaceuticals IncVRTX	BKLC +0.03 points	0.22%	0.19%
Northrop Grumman CorpNOC	BKLC +0.03 points	0.13%	0.10%
General Dynamics CorpGD	BKLC +0.02 points	0.13%	0.11%
Duke Energy CorpDUK	BKLC +0.02 points	0.16%	0.14%
Coherent CorpCOHR	GXLC +0.03 points	0.06%	0.09%
Altria Group IncMO	BKLC +0.02 points	0.20%	0.18%
Robinhood Markets Inc - AHOOD	GXLC +0.02 points	0.10%	0.12%
Automatic Data ProcessingADP	BKLC +0.02 points	0.18%	0.16%
Nextera Energy IncNEE	BKLC +0.02 points	0.26%	0.24%
Bloom Energy Corp- ABE	GXLC +0.02 points	0.09%	0.11%
Crh PLCCRH	BKLC +0.02 points	0.10%	0.08%
Cme Group IncCME	BKLC +0.02 points	0.17%	0.15%
Roper Technologies IncROP	BKLC +0.02 points	0.07%	0.05%
Vici Properties IncVICI	BKLC +0.02 points	0.06%	0.04%
Intuit IncINTU	BKLC +0.02 points	0.14%	0.12%
Air Products & Chemicals IncAPD	BKLC +0.02 points	0.11%	0.09%
Snowflake IncSNOW	GXLC +0.02 points	0.16%	0.18%
Datadog Inc - Class ADDOG	GXLC +0.01 points	0.12%	0.13%
Ciena CorpCIEN	GXLC +0.02 points	0.07%	0.09%
Mettler-Toledo InternationalMTD	BKLC +0.02 points	0.05%	0.03%
Keysight Technologies InKEYS	GXLC +0.02 points	0.08%	0.10%

All 502 BKLC holdings⁠All 498 GXLC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BKLC vs GXLC Cost

Overpaying GXLC vs BKLC

$426

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BKLC 0.00%
$0
GXLC 0.02%
$426

Amount$10,000

Years30 years

Cost over time

BKLC 0.00%
GXLC 0.02%
Overpaying

Year by year

Year	BKLC	GXLC	Overpaying
10	$0	$37	$37
20	$0	$144	$144
30	$0	$426	$426

Expense ratio

0.00%BKLC, cheaper
0.02%GXLC

BKLC0.00%GXLC0.02%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

BKLC cheapest of 29 funds

GXLC 2nd cheapest of 29 funds

BKLC vs GXLC Dividends

Last 12 months to Oct 30, 2026

Last payment: BKLC $0.13; GXLC $0.25
Ex-dividend: BKLC Oct 1, 2026; GXLC Aug 5, 2026
Paid on: BKLC Oct 6, 2026; GXLC Aug 10, 2026
Frequency: BKLC Quarterly; GXLC Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

BKLCQuarterly · 20 paymentsAll BKLC payments⁠

GXLCQuarterly · 4 paymentsAll GXLC payments⁠

BKLC vs GXLC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BKLC 12.7%GXLC 13.0%since Oct 2025
Return per unit of riskSharpe ratio, 3 years: BKLC 1.37GXLC 0.71since Oct 2025
Worst fallMax drawdown, 5 years: BKLC −26.2%GXLC −9.1%since Sep 2025
Market sensitivityBeta, 5 years: BKLC 1.02GXLC 1.01; Market = 1

BKLC and GXLC in the news

All news⁠

Best ETFs
The best S&P 500 ETF costs 0.02%. Equal weight is a different bet
Updated Nov 2, 2026BKLC

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BKLC vs GXLC

In short

Stated mandate

Why people hold it

Worth knowing

How BKLC and GXLC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BKLC

Only in GXLC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best S&P 500 ETF costs 0.02%. Equal weight is a different bet

How BKLC and GXLC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BKLC

Only in GXLC

Weight gaps