GTPE vs. GXTG

Last updated Jun 24, 2026

GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and GXTG (Global X Thematic Growth ETF) are both Global Equities funds - GTPE tracks the MSCI World Private Equity Return Tracker Index while GXTG tracks the Solactive Thematic Growth Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

GTPE vs. GXTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Global X Thematic Growth ETF (GXTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTPE achieves a 15.58% return, which is significantly higher than GXTG's 13.19% return.

GTPE

• 1D: -1.97%
• 1M: 0.99%
• YTD: 15.58%
• 6M: 13.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXTG

• 1D: -4.79%
• 1M: -7.53%
• YTD: 13.19%
• 6M: 9.90%
• 1Y: 9.86%
• 3Y*: 2.83%
• 5Y*: -10.83%
• 10Y*: —

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

GTPE vs. GXTG - Yearly Performance Comparison

	2026 (YTD)	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	15.58%	2.96%
GXTG Global X Thematic Growth ETF	13.19%	-7.89%

Correlation

The correlation between GTPE and GXTG is 0.81, 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 Oct 23, 2025	0.81

Return for Risk

GTPE vs. GXTG — Risk / Return Rank

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

GTPE

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

GXTG

GXTG Risk / Return Rank: 14
GXTG Sharpe Ratio Rank: 14
GXTG Sortino Ratio Rank: 14
GXTG Omega Ratio Rank: 14
GXTG Calmar Ratio Rank: 13
GXTG Martin Ratio Rank: 13

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.

GTPE vs. GXTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Global X Thematic Growth ETF (GXTG). 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.

	GTPE	GXTG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.35	—
Sortino ratio: Return per unit of downside risk	—	0.65	—
Omega ratio: Gain probability vs. loss probability	—	1.09	—
Calmar ratio: Return relative to maximum drawdown	—	0.40	—
Martin ratio: Return relative to average drawdown	—	0.93	—

Drawdowns

GTPE vs. GXTG - Drawdown Comparison

The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum GXTG drawdown of -67.81%. Use the drawdown chart below to compare losses from any high point for GTPE and GXTG.

Drawdown Indicators

	GTPE	GXTG	Difference
Max Drawdown Largest peak-to-trough decline	-8.91%	-67.81%	+58.90%
Max Drawdown (1Y) Largest decline over 1 year	—	-24.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-31.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-61.17%	—
Current Drawdown Current decline from peak	-3.31%	-55.26%	+51.95%
Average Drawdown Average peak-to-trough decline	-1.72%	-43.15%	+41.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.60%	—

Volatility

Volatility by Period

	GTPE	GXTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.07%	28.39%	-10.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.07%	28.18%	-10.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.07%	29.87%	-11.80%

GTPE vs. GXTG - Expense Ratio Comparison

Both GTPE and GXTG have an expense ratio of 0.50%.

Dividends

GTPE vs. GXTG - Dividend Comparison

GTPE has not paid dividends to shareholders, while GXTG's dividend yield for the trailing twelve months is around 1.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GXTG Global X Thematic Growth ETF	1.24%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%

Frequently Asked Questions

Can I hold both GTPE and GXTG in my portfolio?

GTPE and GXTG have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTPE or GXTG?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTPE or GXTG?

GTPE and GXTG have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, GTPE or GXTG?

GXTG has the higher dividend yield at 1.24%, compared with 0.00% for GTPE.

What is the main difference between GTPE and GXTG?

GTPE tracks MSCI World Private Equity Return Tracker Index, while GXTG tracks Solactive Thematic Growth Index. They also come from different issuers: Goldman Sachs and Global X.