GXPT vs SPY
Global X PureCap MSCI Information Technology ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GXPT or SPY?
GXPT has been ahead.
SPY has a lower expense ratio. GXPT led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 74.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GXPT | SPY |
|---|---|---|
| Expense Ratio | 0.15% | 0.09%Best |
| AUM | $135M | $804.7B |
| Dividend Yield | 0.21% | 0.98% |
| Holdings | 88 | 505 |
| YTD Return | +22.06%Best | +11.97% |
| 1Y Return | +27.24%Best | +16.40% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 25.3% | 12.4%Best |
| Max Drawdown | -18.7% | -8.9%Best |
| $10,000 over 1.1 years | $13,349Best | $12,039 |
| Top 10 Weight | 74.4% | 37.8%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 22, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 23, 2025 to Sep 14, 2026 (1.1 years).
GXPT vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.1 years both funds cover.
GXPT vs SPY Performance
Global X PureCap MSCI Information Technology ETF (GXPT) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GXPT returned +27.24% while SPY returned +16.40%. Year to date, GXPT is up 22.06% versus a gain of 11.97% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GXPT has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 12.4% 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 -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.21% against 0.98% for SPY.
Holdings Overlap
97.4% of GXPT's money is in holdings SPY also owns. 37.5% of SPY's money is in holdings GXPT also owns.
Most of GXPT is already inside SPY. Owning both mostly buys the same companies twice.
65 positions in common, counted across the 84 positions we hold weights for in GXPT and 504 in SPY, against full books of 88 and 505.
What only one of them owns
Our book lists 433 positions for SPY that do not appear in our book for GXPT (62.0% of the fund), and 16 for GXPT that do not appear in SPY (2.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GXPT | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 20.26% | 8.01% | 12.25% |
| AAPLApple, Inc | 19.35% | 7.26% | 12.09% |
| MSFTMicrosoft Corp | 14.32% | 5.66% | 8.66% |
| AVGOBroadcom Inc | 6.77% | 2.66% | 4.11% |
| MUMicron Technology, Inc. | 4.27% | 1.60% | 2.67% |
| AMDAdvanced Micro Devices Inc | 3.04% | 1.14% | 1.90% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.76% | 0.66% | 1.10% |
| INTCIntel Corporation | 1.59% | 0.67% | 0.92% |
| PLTRPalantir Technologies Inc | 1.59% | 0.63% | 0.96% |
| LRCXLam Research Corp 3.125 06/15/2060 | 1.47% | 0.55% | 0.92% |
97.4% of GXPT is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $6 a year on a $10,000 investment.
Which performed better, GXPT or SPY?
Over the past year GXPT returned +27.24% vs +16.40% for SPY, so GXPT leads on 1-year performance. Over the longest common window we track (1 years), GXPT annualized +30.03% vs +18.38% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXPT or SPY?
GXPT has been the more volatile fund at 25.3% annualized versus 12.4% for SPY. Worst drawdown: GXPT -18.7% vs SPY -8.9%.
Should I hold both GXPT and SPY?
GXPT and SPY have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GXPT and SPY?
97.4% of GXPT's money is in holdings SPY also owns. 37.5% of SPY's is in holdings GXPT also owns. They hold 65 positions in common, counted across the 84 positions we hold weights for in GXPT and 504 in SPY.
Which pays a higher dividend, GXPT or SPY?
GXPT yields 0.21% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than GXPT?
SPY has a lower expense ratio. GXPT led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 74.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.