GXPC vs. DVXC

Last updated Jun 23, 2026

GXPC (Global X PureCap MSCI Communication Services ETF) and DVXC (WEBs Communication Services XLC Defined Volatility ETF) are both Communications Equities funds - GXPC tracks the MSCI USA Communication Services PureCap Index while DVXC tracks the Syntax Defined Volatility XLC Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. GXPC charges 0.15%/yr vs 0.89%/yr for DVXC.

Performance

GXPC vs. DVXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Communication Services ETF (GXPC) and WEBs Communication Services XLC Defined Volatility ETF (DVXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPC achieves a -0.77% return, which is significantly higher than DVXC's -21.18% return.

GXPC

• 1D: -4.08%
• 1M: -8.59%
• YTD: -0.77%
• 6M: 0.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXC

• 1D: -4.33%
• 1M: -14.49%
• YTD: -21.18%
• 6M: -19.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPC vs. DVXC - Yearly Performance Comparison

	2026 (YTD)	2025
GXPC Global X PureCap MSCI Communication Services ETF	-0.77%	19.31%
DVXC WEBs Communication Services XLC Defined Volatility ETF	-21.18%	16.00%

Correlation

The correlation between GXPC and DVXC is 0.80, 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 Jul 23, 2025	0.80

Return for Risk

GXPC vs. DVXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Communication Services ETF (GXPC) and WEBs Communication Services XLC Defined Volatility ETF (DVXC). 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.

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

Drawdowns

GXPC vs. DVXC - Drawdown Comparison

The maximum GXPC drawdown since its inception was -16.59%, smaller than the maximum DVXC drawdown of -24.16%. Use the drawdown chart below to compare losses from any high point for GXPC and DVXC.

Drawdown Indicators

	GXPC	DVXC	Difference
Max Drawdown Largest peak-to-trough decline	-16.59%	-24.16%	+7.57%
Current Drawdown Current decline from peak	-11.22%	-24.16%	+12.94%
Average Drawdown Average peak-to-trough decline	-3.29%	-7.47%	+4.18%

Volatility

Volatility by Period

	GXPC	DVXC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.48%	26.75%	-6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	26.75%	-6.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.48%	26.75%	-6.27%

GXPC vs. DVXC - Expense Ratio Comparison

GXPC has a 0.15% expense ratio, which is lower than DVXC's 0.89% expense ratio.

Dividends

GXPC vs. DVXC - Dividend Comparison

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

Position	TTM	2025
DVXC WEBs Communication Services XLC Defined Volatility ETF	0.00%	0.00%
GXPC Global X PureCap MSCI Communication Services ETF	0.12%	0.12%

Frequently Asked Questions

Can I hold both GXPC and DVXC in my portfolio?

GXPC and DVXC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPC or DVXC?

On fees, GXPC 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, GXPC or DVXC?

GXPC is cheaper with a 0.15% expense ratio, compared with 0.89% for DVXC.

Which ETF pays a higher dividend yield, GXPC or DVXC?

GXPC has the higher dividend yield at 0.12%, compared with 0.00% for DVXC.

What is the main difference between GXPC and DVXC?

GXPC tracks MSCI USA Communication Services PureCap Index, while DVXC tracks Syntax Defined Volatility XLC Index. They also come from different issuers: Global X and WEBs. Their fees differ too: 0.15% for GXPC and 0.89% for DVXC.