GXPT vs SPY
Global X PureCap MSCI Information Technology ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. GXPT delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GXPT | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $130M | $821.1B | |
| Dividend Yield | 0.22% | 1.01% | |
| Holdings | 89 | 505 | |
| YTD Return | +20.89% | +12.68% | |
| 1Y Return | +33.11% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 25.9% | 15.3% | |
| Max Drawdown | -18.7% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2025 | Jan 22, 1993 |
GXPT vs SPY Performance
Global X PureCap MSCI Information Technology ETF (GXPT) 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 GXPT returned +33.11% while SPY returned +21.82%. Year to date, GXPT is up 20.89% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
GXPT has been the more volatile fund, with annualized monthly volatility of 25.9% 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 -18.7% for GXPT 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GXPT 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, GXPT currently yields 0.22% against 1.01% for SPY.
Holdings Overlap
GXPT and SPY share 66 holdings out of 524 unique holdings combined, representing a 37.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GXPT or SPY?
GXPT 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, GXPT or SPY?
Over the past year GXPT returned +33.11% vs +21.82% for SPY, so GXPT leads on 1-year performance. Over the longest common window we track (1 years), GXPT annualized +30.95% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, GXPT or SPY?
GXPT has been the more volatile fund at 25.9% annualized versus 15.3% for SPY. Worst drawdown: GXPT -18.7% vs SPY -56.5%.
Should I hold both GXPT and SPY?
GXPT and SPY have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GXPT and SPY?
GXPT and SPY share 66 common holdings with a 37.0% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, GXPT or SPY?
GXPT yields 0.22% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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