BCTK vs. GXPT

Last updated Jun 25, 2026

BCTK (Baron Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. BCTK is actively managed, while GXPT is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. BCTK charges 0.75%/yr vs 0.15%/yr for GXPT.

Performance

BCTK vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Technology ETF (BCTK) 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, BCTK achieves a 20.79% return, which is significantly higher than GXPT's 16.86% return.

BCTK

• 1D: 0.02%
• 1M: 1.95%
• YTD: 20.79%
• 6M: 18.37%
• 1Y: —
• 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)

BCTK vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
BCTK Baron Technology ETF	20.79%	0.84%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	0.74%

Correlation

The correlation between BCTK and GXPT is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.92

Return for Risk

BCTK vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Technology ETF (BCTK) 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.

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

Drawdowns

BCTK vs. GXPT - Drawdown Comparison

The maximum BCTK drawdown since its inception was -13.96%, smaller than the maximum GXPT drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for BCTK and GXPT.

Drawdown Indicators

	BCTK	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-13.96%	-18.74%	+4.78%
Current Drawdown Current decline from peak	-5.95%	-8.72%	+2.77%
Average Drawdown Average peak-to-trough decline	-3.20%	-5.04%	+1.84%

Volatility

Volatility by Period

	BCTK	GXPT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.02%	22.91%	+7.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.02%	22.91%	+7.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.02%	22.91%	+7.11%

BCTK vs. GXPT - Expense Ratio Comparison

BCTK has a 0.75% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

BCTK vs. GXPT - Dividend Comparison

BCTK has not paid dividends to shareholders, while GXPT's dividend yield for the trailing twelve months is around 0.12%.

Position	TTM	2025
BCTK Baron Technology ETF	0.00%	0.00%
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%

Frequently Asked Questions

Can I hold both BCTK and GXPT in my portfolio?

With a correlation of 0.92, BCTK and GXPT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BCTK 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, BCTK or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.75% for BCTK.

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

GXPT has the higher dividend yield at 0.12%, compared with 0.00% for BCTK.

What is the main difference between BCTK and GXPT?

They also come from different issuers: Baron Capital and Global X. Their fees differ too: 0.75% for BCTK and 0.15% for GXPT.