GXPE vs IVV
Global X PureCap MSCI Energy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. GXPE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GXPE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $1M | $907.0B | |
| Dividend Yield | 2.07% | 1.10% | |
| Holdings | 24 | 508 | |
| YTD Return | +41.09% | +12.71% | |
| 1Y Return | +50.79% | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 23.5% | 15.1% | |
| Max Drawdown | -15.7% | -56.5% | |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | May 15, 2000 |
GXPE vs IVV Performance
Global X PureCap MSCI Energy ETF (GXPE) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GXPE returned +50.79% while IVV returned +21.89%. Year to date, GXPE is up 41.09% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
GXPE has been the more volatile fund, with annualized monthly volatility of 23.5% compared with 15.1% for IVV. 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 -15.7% for GXPE and -56.5% for IVV. 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 -0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GXPE charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, GXPE currently yields 2.07% against 1.10% for IVV.
Holdings Overlap
GXPE and IVV share 20 holdings out of 507 unique holdings combined, representing a 3.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXPE or IVV?
GXPE has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, GXPE or IVV?
Over the past year GXPE returned +50.79% vs +21.89% for IVV, so GXPE leads on 1-year performance. Over the longest common window we track (1 years), GXPE annualized +45.95% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, GXPE or IVV?
GXPE has been the more volatile fund at 23.5% annualized versus 15.1% for IVV. Worst drawdown: GXPE -15.7% vs IVV -56.5%.
Should I hold both GXPE and IVV?
GXPE and IVV have a monthly-return correlation of -0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GXPE and IVV?
GXPE and IVV share 20 common holdings with a 3.3% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, GXPE or IVV?
GXPE yields 2.07% while IVV yields 1.10%, so GXPE currently pays the higher dividend yield.
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