GGTL vs. GXPT

Last updated Jun 21, 2026

GGTL (Gabelli Global Technology Leaders ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. GGTL is actively managed, while GXPT is passively managed. A 0.74 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.15%/yr for GXPT.

Performance

GGTL vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Technology Leaders ETF (GGTL) 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, GGTL achieves a 28.39% return, which is significantly higher than GXPT's 21.16% return.

GGTL

• 1D: 3.11%
• 1M: 9.20%
• YTD: 28.39%
• 6M: 29.22%
• 1Y: 47.47%
• 3Y*: 22.42%
• 5Y*: —
• 10Y*: —

GXPT

• 1D: 2.85%
• 1M: 3.36%
• YTD: 21.16%
• 6M: 21.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GGTL vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
GGTL Gabelli Global Technology Leaders ETF	28.39%	6.14%
GXPT Global X PureCap MSCI Information Technology ETF	21.16%	11.47%

Correlation

The correlation between GGTL and GXPT is 0.74, 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	0.74

Return for Risk

GGTL vs. GXPT — Risk / Return Rank

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

GGTL

GGTL Risk / Return Rank: 82
GGTL Sharpe Ratio Rank: 81
GGTL Sortino Ratio Rank: 77
GGTL Omega Ratio Rank: 80
GGTL Calmar Ratio Rank: 89
GGTL Martin Ratio Rank: 86

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.

GGTL vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) 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.

	GGTL	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.48	—	—
Sortino ratio: Return per unit of downside risk	3.27	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	5.08	—	—
Martin ratio: Return relative to average drawdown	17.43	—	—

Drawdowns

GGTL vs. GXPT - Drawdown Comparison

The maximum GGTL drawdown since its inception was -23.65%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for GGTL and GXPT.

Drawdown Indicators

	GGTL	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-18.74%	-4.91%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	—	—
Current Drawdown Current decline from peak	-0.46%	-5.36%	+4.90%
Average Drawdown Average peak-to-trough decline	-7.41%	-5.02%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	GGTL	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.85%	22.70%	-3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.06%	22.70%	-4.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	22.70%	-4.64%

GGTL vs. GXPT - Expense Ratio Comparison

GGTL has a 0.90% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

GGTL vs. GXPT - Dividend Comparison

GGTL's dividend yield for the trailing twelve months is around 0.81%, more than GXPT's 0.11% yield.

Position	TTM	2025	2024	2023	2022
GGTL Gabelli Global Technology Leaders ETF	0.81%	1.04%	0.75%	0.84%	0.78%
GXPT Global X PureCap MSCI Information Technology ETF	0.11%	0.14%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGTL and GXPT in my portfolio?

GGTL and GXPT have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGTL 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, GGTL or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.90% for GGTL.

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

GGTL has the higher dividend yield at 0.81%, compared with 0.11% for GXPT.

What is the main difference between GGTL and GXPT?

They also come from different issuers: Gabelli and Global X. Their fees differ too: 0.90% for GGTL and 0.15% for GXPT.