GXPC vs. XLC
GXPC (Global X PureCap MSCI Communication Services ETF) and XLC (Communication Services Select Sector SPDR Fund) are both Communications Equities funds - GXPC tracks the MSCI USA Communication Services PureCap Index while XLC tracks the S&P Communication Services Select Sector Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. GXPC charges 0.15%/yr vs 0.13%/yr for XLC.
Performance
GXPC vs. XLC - Performance Comparison
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Returns By Period
In the year-to-date period, GXPC achieves a -0.80% return, which is significantly higher than XLC's -8.35% return.
GXPC
- 1D
- -0.03%
- 1M
- -8.61%
- YTD
- -0.80%
- 6M
- -0.82%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLC
- 1D
- 0.38%
- 1M
- -6.85%
- YTD
- -8.35%
- 6M
- -8.09%
- 1Y
- 4.55%
- 3Y*
- 20.09%
- 5Y*
- 6.99%
- 10Y*
- —
GXPC vs. XLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPC Global X PureCap MSCI Communication Services ETF | -0.80% | 19.31% |
XLC Communication Services Select Sector SPDR Fund | -8.35% | 9.88% |
Correlation
The correlation between GXPC and XLC 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 |
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Return for Risk
GXPC vs. XLC — Risk / Return Rank
GXPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLC
GXPC vs. XLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Communication Services ETF (GXPC) and Communication Services Select Sector SPDR Fund (XLC). 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.
| GXPC | XLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.07 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.43 | — |
| Martin ratioReturn relative to average drawdown | — | 1.27 | — |
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Drawdowns
GXPC vs. XLC - Drawdown Comparison
The maximum GXPC drawdown since its inception was -16.59%, smaller than the maximum XLC drawdown of -46.65%. Use the drawdown chart below to compare losses from any high point for GXPC and XLC.
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Drawdown Indicators
| GXPC | XLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.59% | -46.65% | +30.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.57% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.65% | — |
Current DrawdownCurrent decline from peak | -11.25% | -10.15% | -1.10% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -10.57% | +7.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.58% | — |
Volatility
GXPC vs. XLC - Volatility Comparison
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Volatility by Period
| GXPC | XLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.24% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.44% | 13.54% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.44% | 20.74% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.44% | 22.17% | -1.73% |
GXPC vs. XLC - Expense Ratio Comparison
GXPC has a 0.15% expense ratio, which is higher than XLC's 0.13% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GXPC vs. XLC - Dividend Comparison
GXPC's dividend yield for the trailing twelve months is around 0.12%, less than XLC's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GXPC Global X PureCap MSCI Communication Services ETF | 0.12% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLC Communication Services Select Sector SPDR Fund | 1.33% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% |
Frequently Asked Questions
GXPC and XLC 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.
On fees, XLC is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLC is cheaper with a 0.13% expense ratio, compared with 0.15% for GXPC.
XLC has the higher dividend yield at 1.33%, compared with 0.12% for GXPC.
GXPC tracks MSCI USA Communication Services PureCap Index, while XLC tracks S&P Communication Services Select Sector Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.15% for GXPC and 0.13% for XLC.
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