- Issuer
- Global X
- Inception Date
- Jul 22, 2025
- Region
- North America (U.S.)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI USA Energy PureCap Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
GXPE Performance Chart
Global X PureCap MSCI Energy ETF (GXPE) is up 21.3% since the beginning of the year. GXPE is currently trading at $32 per share.
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Returns By Period
Global X PureCap MSCI Energy ETF
- 1D
- 1.15%
- 1M
- -8.52%
- YTD
- 21.27%
- 6M
- 22.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GXPE Monthly Returns History
Based on dividend-adjusted daily data since Jul 23, 2025, GXPE's average daily return is +0.11%, while the average monthly return is +2.17%. At this rate, an investment would double in approximately 2.7 years.
Historically, 50% of months were positive and 50% were negative. The best month was Jan 2026 with a return of +14.3%, while the worst month was May 2026 at -6.0%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 3 months.
On a daily basis, GXPE closed higher 56% of trading days. The best single day was Feb 3, 2026 with a return of +3.3%, while the worst single day was May 6, 2026 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.29% | 9.41% | 10.32% | -3.18% | -5.99% | -3.42% | 21.27% | ||||||
| 2025 | 0.66% | 3.55% | -0.52% | -1.26% | 2.20% | -0.01% | 4.62% |
Benchmark Metrics
Global X PureCap MSCI Energy ETF has an annualized alpha of 37.72%, beta of -0.20, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 23, 2025.
- This ETF captured 30.53% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -287.00%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.20 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 37.72%
- Beta
- -0.20
- R²
- 0.01
- Upside Capture
- 30.53%
- Downside Capture
- -287.00%
Expense Ratio
GXPE has an expense ratio of 0.15%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GXPE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Global X PureCap MSCI Energy ETF provided a 0.99% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.32 | $0.32 |
Dividend yield | 0.99% | 1.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X PureCap MSCI Energy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.32 | $0.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X PureCap MSCI Energy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X PureCap MSCI Energy ETF was 14.89%, occurring on Jun 18, 2026. The portfolio has not yet recovered.
The current Global X PureCap MSCI Energy ETF drawdown is 13.91%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -14.89%Jun 2026 | 2mo 20d | — | 2mo 25dMar 2026 - now |
2025 pullback2025 | -7.02%Oct 2025 | 17d | 2mo 21d | 3mo 8dSep 2025 - Jan 2026 |
2025 pullback2025 | -5.21%Aug 2025 | 12d | 16d | 28dJul 2025 - Aug 2025 |
2026 pullback2026 | -3.79%Jan 2026 | 1d | 6d | 7dJan 2026 - Jan 2026 |
2025 pullback2025 | -3.67%Sep 2025 | 5d | 16d | 21dSep 2025 - Sep 2025 |
Drawdown Indicators
| GXPE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.89% | -56.78% | +41.89% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -13.91% | -1.80% | -12.11% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -10.71% | +7.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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