AWAY vs. GXPD

Last updated Aug 6, 2026

AWAY (ETFMG Travel Tech ETF) and GXPD (Global X PureCap MSCI Consumer Discretionary ETF) are both Consumer Discretionary Equities funds - AWAY tracks the Prime Travel Technology Index while GXPD tracks the MSCI USA Consumer Discretionary PureCap Index. Both are passively managed. Over the past year, AWAY returned -6.30% vs 11.23% for GXPD. Their 0.62 correlation means they have sometimes moved together and sometimes differently. AWAY charges 0.75%/yr vs 0.15%/yr for GXPD.

Performance

AWAY vs. GXPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWAY achieves a -3.03% return, which is significantly lower than GXPD's 1.54% return.

AWAY

• 1D: 0.87%
• 1M: 8.32%
• 6M: 7.95%
• YTD: -3.03%
• 1Y: -6.30%
• 3Y*: 3.72%
• 5Y*: -5.64%
• 10Y*: —
• ALL TIME*: -3.29%

GXPD

• 1D: -0.39%
• 1M: 1.61%
• 6M: 1.53%
• YTD: 1.54%
• 1Y: 11.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.74%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AWAY ETFMG Travel Tech ETF	$667.86K	$330.70K	$217.64K
GXPD Global X PureCap MSCI Consumer Discretionary ETF	$3.68M	$2.09M	$1.74M

AWAY vs. GXPD - Yearly Performance Comparison

	2026 (YTD)	2025
AWAY ETFMG Travel Tech ETF	-3.03%	-7.68%
GXPD Global X PureCap MSCI Consumer Discretionary ETF	1.54%	5.36%

Correlation

The correlation between AWAY and GXPD is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.62

The correlation between AWAY and GXPD has been stable across timeframes, ranging from 0.62 to 0.62 - a consistent structural relationship.

Return for Risk

AWAY vs. GXPD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AWAY

AWAY Risk / Return Rank: 7
AWAY Sharpe Ratio Rank: 7
AWAY Sortino Ratio Rank: 7
AWAY Omega Ratio Rank: 7
AWAY Calmar Ratio Rank: 8
AWAY Martin Ratio Rank: 8

GXPD

GXPD Risk / Return Rank: 21
GXPD Sharpe Ratio Rank: 21
GXPD Sortino Ratio Rank: 21
GXPD Omega Ratio Rank: 21
GXPD Calmar Ratio Rank: 21
GXPD Martin Ratio Rank: 22

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AWAY vs. GXPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). 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.

	AWAY	GXPD	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	0.52	-0.79
Sortino ratio: Return per unit of downside risk	-0.23	0.88	-1.11
Omega ratio: Gain probability vs. loss probability	0.97	1.11	-0.13
Calmar ratio: Return relative to maximum drawdown	-0.19	0.68	-0.87
Martin ratio: Return relative to average drawdown	-0.34	1.83	-2.17

AWAY vs. GXPD - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.27, which is lower than the GXPD Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of AWAY and GXPD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AWAY vs. GXPD - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, which is greater than GXPD's maximum drawdown of -16.61%. Use the drawdown chart below to compare losses from any high point for AWAY and GXPD.

Drawdown Indicators

	AWAY	GXPD	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-16.61%	-39.96%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-16.61%	-16.22%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.10%	—	—
Current Drawdown Current decline from peak	-41.50%	-3.18%	-38.32%
Average Drawdown Average peak-to-trough decline	-36.50%	-4.69%	-31.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.45%	6.15%	+12.30%

Volatility

AWAY vs. GXPD - Volatility Comparison

The current volatility for ETFMG Travel Tech ETF (AWAY) is 8.19%, while Global X PureCap MSCI Consumer Discretionary ETF (GXPD) has a volatility of 9.35%. This indicates that AWAY experiences smaller price fluctuations and is considered to be less risky than GXPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	GXPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.19%	9.35%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	19.01%	16.91%	+2.10%
Volatility (1Y) Calculated over the trailing 1-year period	23.17%	21.62%	+1.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.89%	21.59%	+5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.64%	21.59%	+10.05%

AWAY vs. GXPD - Expense Ratio Comparison

AWAY has a 0.75% expense ratio, which is higher than GXPD's 0.15% expense ratio.

Dividends

AWAY vs. GXPD - Dividend Comparison

AWAY has not paid dividends to shareholders, while GXPD's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.33%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and GXPD in my portfolio?

AWAY and GXPD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWAY or GXPD?

GXPD has higher volatility (9.35%) compared to AWAY (8.19%). In terms of maximum drawdown, AWAY dropped -56.57% vs GXPD's -16.61%.

Which ETF is better, AWAY or GXPD?

On 1-year performance, GXPD leads with 11.23% vs -6.30% for AWAY. On fees, GXPD is cheaper at 0.15% per year. On volatility, AWAY has been the lower-risk option at 8.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or GXPD?

Over the 1-year period, GXPD has performed better with a 11.23% return vs -6.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AWAY or GXPD?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.75% for AWAY.

Which ETF pays a higher dividend yield, AWAY or GXPD?

GXPD has the higher dividend yield at 0.33%, compared with 0.00% for AWAY.

What is the main difference between AWAY and GXPD?

AWAY tracks Prime Travel Technology Index, while GXPD tracks MSCI USA Consumer Discretionary PureCap Index. They also come from different issuers: ETFMG and Global X. Their fees differ too: 0.75% for AWAY and 0.15% for GXPD.

Which has better risk-adjusted returns?

GXPD currently has the higher Sharpe Ratio (0.52 vs -0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.