FITE vs. GXPT

Last updated Aug 2, 2026

FITE (SPDR S&P Kensho Future Security ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - FITE tracks the S&P Kensho Future Security Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Over the past year, FITE returned 42.30% vs 29.12% for GXPT. Their 0.60 correlation means they have sometimes moved together and sometimes differently. FITE charges 0.45%/yr vs 0.15%/yr for GXPT.

Performance

FITE vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Future Security ETF (FITE) 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, FITE achieves a 25.01% return, which is significantly higher than GXPT's 15.96% return.

FITE

• 1D: 1.14%
• 1M: -5.38%
• 6M: 15.88%
• YTD: 25.01%
• 1Y: 42.30%
• 3Y*: 29.02%
• 5Y*: 15.64%
• 10Y*: —
• ALL TIME*: 16.58%

GXPT

• 1D: -0.44%
• 1M: -0.06%
• 6M: 18.54%
• YTD: 15.96%
• 1Y: 29.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.57%

*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)
FITE SPDR S&P Kensho Future Security ETF	$864.27K	$865.45K	$935.71K
GXPT Global X PureCap MSCI Information Technology ETF	$16.90M	$9.61M	$5.72M

FITE vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
FITE SPDR S&P Kensho Future Security ETF	25.01%	10.98%
GXPT Global X PureCap MSCI Information Technology ETF	15.96%	11.47%

Correlation

The correlation between FITE and GXPT is 0.61, 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.	0.61
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.60

The correlation between FITE and GXPT has been stable across timeframes, ranging from 0.60 to 0.61 - a consistent structural relationship.

Return for Risk

FITE vs. GXPT — Risk / Return Rank

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

FITE

FITE Risk / Return Rank: 61
FITE Sharpe Ratio Rank: 63
FITE Sortino Ratio Rank: 61
FITE Omega Ratio Rank: 55
FITE Calmar Ratio Rank: 75
FITE Martin Ratio Rank: 54

GXPT

GXPT Risk / Return Rank: 42
GXPT Sharpe Ratio Rank: 45
GXPT Sortino Ratio Rank: 44
GXPT Omega Ratio Rank: 42
GXPT Calmar Ratio Rank: 40
GXPT Martin Ratio Rank: 37

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.

FITE vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Future Security ETF (FITE) 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.

	FITE	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.13	+0.32
Sortino ratio: Return per unit of downside risk	2.03	1.64	+0.39
Omega ratio: Gain probability vs. loss probability	1.24	1.20	+0.04
Calmar ratio: Return relative to maximum drawdown	2.60	1.42	+1.18
Martin ratio: Return relative to average drawdown	6.33	3.74	+2.59

FITE vs. GXPT - Sharpe Ratio Comparison

The current FITE Sharpe Ratio is 1.45, which is comparable to the GXPT Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of FITE and GXPT, 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

FITE vs. GXPT - Drawdown Comparison

The maximum FITE drawdown since its inception was -36.90%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for FITE and GXPT.

Drawdown Indicators

	FITE	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-36.90%	-18.74%	-18.16%
Max Drawdown (1Y) Largest decline over 1 year	-15.35%	-18.74%	+3.39%
Max Drawdown (3Y) Largest decline over 3 years	-22.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.14%	—	—
Current Drawdown Current decline from peak	-10.00%	-9.42%	-0.58%
Average Drawdown Average peak-to-trough decline	-7.41%	-5.45%	-1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.29%	7.11%	-0.82%

Volatility

FITE vs. GXPT - Volatility Comparison

SPDR S&P Kensho Future Security ETF (FITE) and Global X PureCap MSCI Information Technology ETF (GXPT) have volatilities of 7.58% and 7.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FITE	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.58%	7.73%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	22.04%	19.35%	+2.69%
Volatility (1Y) Calculated over the trailing 1-year period	27.53%	23.54%	+3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.04%	23.29%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.27%	23.29%	-0.02%

FITE vs. GXPT - Expense Ratio Comparison

FITE has a 0.45% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

FITE vs. GXPT - Dividend Comparison

FITE's dividend yield for the trailing twelve months is around 0.13%, less than GXPT's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FITE SPDR S&P Kensho Future Security ETF	0.13%	0.23%	0.12%	0.13%	0.12%	0.92%	0.88%	0.44%	1.79%
GXPT Global X PureCap MSCI Information Technology ETF	0.22%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FITE and GXPT in my portfolio?

FITE and GXPT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITE or GXPT?

GXPT has higher volatility (7.73%) compared to FITE (7.58%). In terms of maximum drawdown, FITE dropped -36.90% vs GXPT's -18.74%.

Which ETF is better, FITE or GXPT?

On 1-year performance, FITE leads with 42.30% vs 29.12% for GXPT. On fees, GXPT is cheaper at 0.15% per year. On volatility, FITE has been the lower-risk option at 7.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FITE or GXPT?

Over the 1-year period, FITE has performed better with a 42.30% return vs 29.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FITE or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.45% for FITE.

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

GXPT has the higher dividend yield at 0.22%, compared with 0.13% for FITE.

What is the main difference between FITE and GXPT?

FITE tracks S&P Kensho Future Security Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.45% for FITE and 0.15% for GXPT.

Which has better risk-adjusted returns?

FITE currently has the higher Sharpe Ratio (1.45 vs 1.13), 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.