GXPC vs SPY
Global X PureCap MSCI Communication Services ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GXPC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $111M | $821.1B | |
| Dividend Yield | 0.32% | 1.01% | |
| Holdings | 26 | 505 | |
| YTD Return | -1.35% | +12.22% | |
| 1Y Return | +13.44% | +20.83% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 24.0% | 15.3% | |
| Max Drawdown | -16.6% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Jan 22, 1993 |
GXPC vs SPY Performance
Global X PureCap MSCI Communication Services ETF (GXPC) 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 GXPC returned +13.44% while SPY returned +20.83%. Year to date, GXPC is down 1.35% versus a gain of 12.22% for SPY.
Risk: Volatility and Drawdowns
GXPC has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.6% for GXPC and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GXPC charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, GXPC currently yields 0.32% against 1.01% for SPY.
Holdings Overlap
GXPC and SPY share 13 holdings out of 511 unique holdings combined, representing a 7.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXPC or SPY?
GXPC has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, GXPC or SPY?
Over the past year GXPC returned +13.44% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), GXPC annualized +15.91% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, GXPC or SPY?
GXPC has been the more volatile fund at 24.0% annualized versus 15.3% for SPY. Worst drawdown: GXPC -16.6% vs SPY -56.5%.
Should I hold both GXPC and SPY?
GXPC and SPY have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GXPC and SPY?
GXPC and SPY share 13 common holdings with a 7.1% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, GXPC or SPY?
GXPC yields 0.32% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.