GXPC vs. KBDU

Last updated Jun 4, 2026

GXPC (Global X PureCap MSCI Communication Services ETF) and KBDU (KraneShares 2X Long BIDU Daily ETF) are both exchange-traded funds - GXPC is a Communications Equities fund tracking the MSCI USA Communication Services PureCap Index, while KBDU is a Leveraged Equities fund actively managed by KraneShares. GXPC is passively managed, while KBDU is actively managed. At a 0.30 correlation, their price movements are largely independent. GXPC charges 0.15%/yr vs 1.26%/yr for KBDU.

Performance

GXPC vs. KBDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Communication Services ETF (GXPC) and KraneShares 2X Long BIDU Daily ETF (KBDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPC achieves a 3.83% return, which is significantly higher than KBDU's -11.68% return.

GXPC

• 1D: -0.34%
• 1M: -4.59%
• YTD: 3.83%
• 6M: 3.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KBDU

• 1D: -5.85%
• 1M: 3.94%
• YTD: -11.68%
• 6M: 6.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPC vs. KBDU - Yearly Performance Comparison

	2026 (YTD)	2025
GXPC Global X PureCap MSCI Communication Services ETF	3.83%	7.14%
KBDU KraneShares 2X Long BIDU Daily ETF	-11.68%	34.59%

Correlation

The correlation between GXPC and KBDU is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.30

Return for Risk

GXPC vs. KBDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Communication Services ETF (GXPC) and KraneShares 2X Long BIDU Daily ETF (KBDU). 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.

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

Sharpe Ratios by Period

	GXPC	KBDU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	0.38	+1.05

Drawdowns

GXPC vs. KBDU - Drawdown Comparison

The maximum GXPC drawdown since its inception was -16.59%, smaller than the maximum KBDU drawdown of -59.14%. Use the drawdown chart below to compare losses from any high point for GXPC and KBDU.

Drawdown Indicators

	GXPC	KBDU	Difference
Max Drawdown Largest peak-to-trough decline	-16.59%	-59.14%	+42.55%
Current Drawdown Current decline from peak	-7.11%	-40.93%	+33.82%
Average Drawdown Average peak-to-trough decline	-3.05%	-28.72%	+25.67%

Volatility

Volatility by Period

	GXPC	KBDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	102.15%	-82.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.79%	102.15%	-82.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.79%	102.15%	-82.36%

GXPC vs. KBDU - Expense Ratio Comparison

GXPC has a 0.15% expense ratio, which is lower than KBDU's 1.26% expense ratio.

Dividends

GXPC vs. KBDU - Dividend Comparison

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

Position	TTM	2025
GXPC Global X PureCap MSCI Communication Services ETF	0.12%	0.12%
KBDU KraneShares 2X Long BIDU Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXPC and KBDU in my portfolio?

GXPC and KBDU have a correlation of 0.30, 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 KBDU?

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 KBDU?

GXPC is cheaper with a 0.15% expense ratio, compared with 1.26% for KBDU.

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

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

What is the main difference between GXPC and KBDU?

GXPC is categorized as Communications Equities, while KBDU is Leveraged Equities. They also come from different issuers: Global X and KraneShares. Their fees differ too: 0.15% for GXPC and 1.26% for KBDU.