GURU vs. SPXM

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Guru Index ETF (GURU) and Azoria 500 Meritocracy ETF (SPXM).

GURU and SPXM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GURU is a passively managed fund by Global X that tracks the performance of the Solactive Guru Index. It was launched on Jun 4, 2012. SPXM is an actively managed fund by Azoria. It was launched on Jul 7, 2025.

Performance

GURU vs. SPXM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Guru Index ETF (GURU) and Azoria 500 Meritocracy ETF (SPXM). The values are adjusted to include any dividend payments, if applicable.

GURU vs. SPXM - Yearly Performance Comparison

	2026 (YTD)	2025
GURU Global X Guru Index ETF	-4.73%	16.29%
SPXM Azoria 500 Meritocracy ETF	0.00%	9.16%

Returns By Period

GURU

• 1D: 1.18%
• 1M: -3.90%
• YTD: -4.73%
• 6M: -0.37%
• 1Y: 22.26%
• 3Y*: 19.55%
• 5Y*: 5.18%
• 10Y*: 11.03%

SPXM

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 1.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GURU vs. SPXM - Expense Ratio Comparison

GURU has a 0.75% expense ratio, which is higher than SPXM's 0.47% expense ratio.

GURU

Global X Guru Index ETF

SPXM

Azoria 500 Meritocracy ETF

Return for Risk

GURU vs. SPXM — Risk / Return Rank

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

GURU

GURU Risk / Return Rank: 60
GURU Sharpe Ratio Rank: 60
GURU Sortino Ratio Rank: 62
GURU Omega Ratio Rank: 60
GURU Calmar Ratio Rank: 60
GURU Martin Ratio Rank: 60

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.

GURU vs. SPXM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Guru Index ETF (GURU) and Azoria 500 Meritocracy ETF (SPXM). 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.

	GURU	SPXM	Difference
Sharpe ratio Return per unit of total volatility	1.10	—	—
Sortino ratio Return per unit of downside risk	1.64	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	1.64	—	—
Martin ratio Return relative to average drawdown	6.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GURU	SPXM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.82	-1.22

Correlation

The correlation between GURU and SPXM is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GURU vs. SPXM - Dividend Comparison

GURU's dividend yield for the trailing twelve months is around 0.12%, less than SPXM's 0.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GURU Global X Guru Index ETF	0.12%	0.11%	0.17%	0.57%	0.22%	0.09%	2.75%	0.35%	0.54%	0.54%	0.22%	0.47%
SPXM Azoria 500 Meritocracy ETF	0.24%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GURU vs. SPXM - Drawdown Comparison

The maximum GURU drawdown since its inception was -38.50%, which is greater than SPXM's maximum drawdown of -5.08%. Use the drawdown chart below to compare losses from any high point for GURU and SPXM.

Drawdown Indicators

	GURU	SPXM	Difference
Max Drawdown Largest peak-to-trough decline	-38.50%	-5.08%	-33.42%
Max Drawdown (1Y) Largest decline over 1 year	-13.33%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.50%	—	—
Current Drawdown Current decline from peak	-7.19%	-0.75%	-6.44%
Average Drawdown Average peak-to-trough decline	-8.75%	-0.80%	-7.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	—	—

Volatility

Volatility by Period

	GURU	SPXM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.27%	9.34%	+10.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.27%	9.34%	+10.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.08%	9.34%	+10.74%