GXPD vs SPY
Global X PureCap MSCI Consumer Discretionary 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 | GXPD | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $51M | $821.1B | |
| Dividend Yield | 0.34% | 1.01% | |
| Holdings | 51 | 505 | |
| YTD Return | +1.34% | +12.68% | |
| 1Y Return | +6.51% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 16.2% | 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 |
GXPD vs SPY Performance
Global X PureCap MSCI Consumer Discretionary ETF (GXPD) 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 GXPD returned +6.51% while SPY returned +21.82%. Year to date, GXPD is up 1.34% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
GXPD has been the more volatile fund, with annualized monthly volatility of 16.2% 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 GXPD 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GXPD 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, GXPD currently yields 0.34% against 1.01% for SPY.
Holdings Overlap
GXPD and SPY share 42 holdings out of 511 unique holdings combined, representing a 9.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXPD or SPY?
GXPD 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, GXPD or SPY?
Over the past year GXPD returned +6.51% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), GXPD annualized +5.37% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, GXPD or SPY?
GXPD has been the more volatile fund at 16.2% annualized versus 15.3% for SPY. Worst drawdown: GXPD -16.6% vs SPY -56.5%.
Should I hold both GXPD and SPY?
GXPD and SPY have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GXPD and SPY?
GXPD and SPY share 42 common holdings with a 9.2% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, GXPD or SPY?
GXPD yields 0.34% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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