GXPD vs. BEDZ

Last updated Aug 1, 2026

GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and BEDZ (AdvisorShares Hotel ETF) are both Consumer Discretionary Equities funds. GXPD is passively managed, while BEDZ is actively managed. Over the past year, GXPD returned 10.32% vs 18.93% for BEDZ. Their 0.57 correlation means they have sometimes moved together and sometimes differently. GXPD charges 0.15%/yr vs 0.99%/yr for BEDZ.

Performance

GXPD vs. BEDZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and AdvisorShares Hotel ETF (BEDZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPD achieves a -0.23% return, which is significantly lower than BEDZ's 11.91% return.

GXPD

• 1D: 5.81%
• 1M: 0.88%
• 6M: -1.81%
• YTD: -0.23%
• 1Y: 10.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.01%

BEDZ

• 1D: -0.13%
• 1M: 1.55%
• 6M: 14.32%
• YTD: 11.91%
• 1Y: 18.93%
• 3Y*: 13.22%
• 5Y*: 10.99%
• 10Y*: —
• ALL TIME*: 9.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEDZ AdvisorShares Hotel ETF	$65.74K	$44.95K	$74.21K
GXPD Global X PureCap MSCI Consumer Discretionary ETF	$4.13M	$2.16M	$1.71M

GXPD vs. BEDZ - Yearly Performance Comparison

	2026 (YTD)	2025
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-0.23%	5.36%
BEDZ AdvisorShares Hotel ETF	11.91%	0.07%

Correlation

The correlation between GXPD and BEDZ is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.57
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.57

The correlation between GXPD and BEDZ has been stable across timeframes, ranging from 0.57 to 0.57 - a consistent structural relationship.

Return for Risk

GXPD vs. BEDZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GXPD

GXPD Risk / Return Rank: 18
GXPD Sharpe Ratio Rank: 18
GXPD Sortino Ratio Rank: 18
GXPD Omega Ratio Rank: 18
GXPD Calmar Ratio Rank: 18
GXPD Martin Ratio Rank: 18

BEDZ

BEDZ Risk / Return Rank: 34
BEDZ Sharpe Ratio Rank: 32
BEDZ Sortino Ratio Rank: 34
BEDZ Omega Ratio Rank: 30
BEDZ Calmar Ratio Rank: 38
BEDZ Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GXPD vs. BEDZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and AdvisorShares Hotel ETF (BEDZ). 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.

	GXPD	BEDZ	Difference
Sharpe ratio: Return per unit of total volatility	0.30	0.79	-0.49
Sortino ratio: Return per unit of downside risk	0.58	1.30	-0.72
Omega ratio: Gain probability vs. loss probability	1.07	1.15	-0.08
Calmar ratio: Return relative to maximum drawdown	0.40	1.34	-0.94
Martin ratio: Return relative to average drawdown	1.07	3.19	-2.11

GXPD vs. BEDZ - Sharpe Ratio Comparison

The current GXPD Sharpe Ratio is 0.30, which is lower than the BEDZ Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of GXPD and BEDZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GXPD vs. BEDZ - Drawdown Comparison

The maximum GXPD drawdown since its inception was -16.61%, smaller than the maximum BEDZ drawdown of -29.70%. Use the drawdown chart below to compare losses from any high point for GXPD and BEDZ.

Drawdown Indicators

	GXPD	BEDZ	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-29.70%	+13.09%
Max Drawdown (1Y) Largest decline over 1 year	-16.61%	-12.06%	-4.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.70%	—
Current Drawdown Current decline from peak	-4.86%	-2.43%	-2.43%
Average Drawdown Average peak-to-trough decline	-4.71%	-7.89%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.15%	5.08%	+1.07%

Volatility

GXPD vs. BEDZ - Volatility Comparison

Global X PureCap MSCI Consumer Discretionary ETF (GXPD) has a higher volatility of 9.09% compared to AdvisorShares Hotel ETF (BEDZ) at 5.40%. This indicates that GXPD's price experiences larger fluctuations and is considered to be riskier than BEDZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GXPD	BEDZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.09%	5.40%	+3.69%
Volatility (6M) Calculated over the trailing 6-month period	16.76%	15.18%	+1.58%
Volatility (1Y) Calculated over the trailing 1-year period	21.74%	20.40%	+1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.56%	24.60%	-3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.56%	24.66%	-3.10%

GXPD vs. BEDZ - Expense Ratio Comparison

GXPD has a 0.15% expense ratio, which is lower than BEDZ's 0.99% expense ratio.

Dividends

GXPD vs. BEDZ - Dividend Comparison

GXPD's dividend yield for the trailing twelve months is around 0.34%, less than BEDZ's 2.06% yield.

Position	TTM	2025	2024	2023	2022	2021
BEDZ AdvisorShares Hotel ETF	2.06%	2.31%	0.00%	1.67%	0.21%	0.36%
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.34%	0.19%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXPD and BEDZ in my portfolio?

GXPD and BEDZ have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXPD or BEDZ?

GXPD has higher volatility (9.09%) compared to BEDZ (5.40%). In terms of maximum drawdown, GXPD dropped -16.61% vs BEDZ's -29.70%.

Which ETF is better, GXPD or BEDZ?

On 1-year performance, BEDZ leads with 18.93% vs 10.32% for GXPD. On fees, GXPD is cheaper at 0.15% per year. On volatility, BEDZ has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXPD or BEDZ?

Over the 1-year period, BEDZ has performed better with a 18.93% return vs 10.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXPD or BEDZ?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.99% for BEDZ.

Which ETF pays a higher dividend yield, GXPD or BEDZ?

BEDZ has the higher dividend yield at 2.06%, compared with 0.34% for GXPD.

What is the main difference between GXPD and BEDZ?

They also come from different issuers: Global X and AdvisorShares. Their fees differ too: 0.15% for GXPD and 0.99% for BEDZ.

Which has better risk-adjusted returns?

BEDZ currently has the higher Sharpe Ratio (0.79 vs 0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.