DAT vs. GXPT

Last updated Jun 24, 2026

DAT (ProShares Big Data Refiners ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - DAT tracks the FactSet Big Data Refiners Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.54 correlation means they provide meaningful diversification when combined. DAT charges 0.58%/yr vs 0.15%/yr for GXPT.

Performance

DAT vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Big Data Refiners ETF (DAT) 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, DAT achieves a -12.34% return, which is significantly lower than GXPT's 16.86% return.

DAT

• 1D: 0.37%
• 1M: -3.21%
• YTD: -12.34%
• 6M: -14.06%
• 1Y: -11.44%
• 3Y*: 13.08%
• 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)

DAT vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
DAT ProShares Big Data Refiners ETF	-12.34%	-2.20%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%

Correlation

The correlation between DAT and GXPT is 0.54, 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	0.54

Return for Risk

DAT vs. GXPT — Risk / Return Rank

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

DAT

DAT Risk / Return Rank: 6
DAT Sharpe Ratio Rank: 6
DAT Sortino Ratio Rank: 6
DAT Omega Ratio Rank: 6
DAT Calmar Ratio Rank: 6
DAT Martin Ratio Rank: 6

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.

DAT vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Big Data Refiners ETF (DAT) 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.

	DAT	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	—	—
Sortino ratio: Return per unit of downside risk	-0.35	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.33	—	—
Martin ratio: Return relative to average drawdown	-0.74	—	—

Drawdowns

DAT vs. GXPT - Drawdown Comparison

The maximum DAT drawdown since its inception was -56.22%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for DAT and GXPT.

Drawdown Indicators

	DAT	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-56.22%	-18.74%	-37.48%
Max Drawdown (1Y) Largest decline over 1 year	-34.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-34.73%	—	—
Current Drawdown Current decline from peak	-18.65%	-8.72%	-9.93%
Average Drawdown Average peak-to-trough decline	-26.09%	-5.04%	-21.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.47%	—	—

Volatility

Volatility by Period

	DAT	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.30%	22.91%	+7.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.94%	22.91%	+11.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.94%	22.91%	+11.03%

DAT vs. GXPT - Expense Ratio Comparison

DAT has a 0.58% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

DAT vs. GXPT - Dividend Comparison

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

Position	TTM	2025
DAT ProShares Big Data Refiners ETF	0.00%	0.00%
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%

Frequently Asked Questions

Can I hold both DAT and GXPT in my portfolio?

DAT and GXPT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DAT 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, DAT or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.58% for DAT.

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

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

What is the main difference between DAT and GXPT?

DAT tracks FactSet Big Data Refiners Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: ProShares and Global X. Their fees differ too: 0.58% for DAT and 0.15% for GXPT.