ASMH vs. GXPT

Last updated Jun 24, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - ASMH tracks the ASML Holding NV Sponsored ADR while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.59 correlation means they provide meaningful diversification when combined. ASMH charges 0.19%/yr vs 0.15%/yr for GXPT.

Performance

ASMH vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) and Global X PureCap MSCI Information Technology ETF (GXPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMH achieves a 71.95% return, which is significantly higher than GXPT's 16.86% return.

ASMH

• 1D: -7.22%
• 1M: 10.92%
• YTD: 71.95%
• 6M: 74.08%
• 1Y: 135.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPT

• 1D: -3.44%
• 1M: -0.96%
• YTD: 16.86%
• 6M: 15.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASMH vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	71.95%	53.08%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%

Correlation

The correlation between ASMH and GXPT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.59

Return for Risk

ASMH vs. GXPT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASMH

ASMH Risk / Return Rank: 91
ASMH Sharpe Ratio Rank: 94
ASMH Sortino Ratio Rank: 88
ASMH Omega Ratio Rank: 83
ASMH Calmar Ratio Rank: 96
ASMH Martin Ratio Rank: 93

GXPT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASMH vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) and Global X PureCap MSCI Information Technology ETF (GXPT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ASMH	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	3.26	—	—
Sortino ratio: Return per unit of downside risk	3.65	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	8.57	—	—
Martin ratio: Return relative to average drawdown	22.08	—	—

Drawdowns

ASMH vs. GXPT - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum GXPT drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for ASMH and GXPT.

Drawdown Indicators

	ASMH	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-18.74%	+2.85%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	—	—
Current Drawdown Current decline from peak	-7.22%	-8.72%	+1.50%
Average Drawdown Average peak-to-trough decline	-4.19%	-5.04%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.16%	—	—

Volatility

Volatility by Period

	ASMH	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.85%	22.91%	+18.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.28%	22.91%	+17.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.28%	22.91%	+17.37%

ASMH vs. GXPT - Expense Ratio Comparison

ASMH has a 0.19% expense ratio, which is higher than GXPT's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ASMH vs. GXPT - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 1.62%, more than GXPT's 0.12% yield.

Position	TTM	2025
ASMH ASML Holding NV ADR Hedged ETF	1.62%	0.19%
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%

Frequently Asked Questions

Can I hold both ASMH and GXPT in my portfolio?

ASMH and GXPT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASMH or GXPT?

On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASMH or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.19% for ASMH.

Which ETF pays a higher dividend yield, ASMH or GXPT?

ASMH has the higher dividend yield at 1.62%, compared with 0.12% for GXPT.

What is the main difference between ASMH and GXPT?

ASMH tracks ASML Holding NV Sponsored ADR, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: Precidian Funds and Global X. Their fees differ too: 0.19% for ASMH and 0.15% for GXPT.