GXPD vs. IYC

Last updated Jun 4, 2026

GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and IYC (iShares U.S. Consumer Discretionary ETF) are both Consumer Discretionary Equities funds - GXPD tracks the MSCI USA Consumer Discretionary PureCap Index while IYC tracks the Dow Jones U.S. Consumer Services Index. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. GXPD charges 0.15%/yr vs 0.38%/yr for IYC.

Performance

GXPD vs. IYC - Performance Comparison

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

Returns By Period

In the year-to-date period, GXPD achieves a -0.87% return, which is significantly higher than IYC's -2.72% return.

GXPD

• 1D: -0.87%
• 1M: -2.13%
• YTD: -0.87%
• 6M: -0.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IYC

• 1D: -0.53%
• 1M: -1.30%
• YTD: -2.72%
• 6M: -2.86%
• 1Y: 3.35%
• 3Y*: 15.36%
• 5Y*: 6.29%
• 10Y*: 11.49%

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

GXPD vs. IYC - Yearly Performance Comparison

	2026 (YTD)	2025
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-0.87%	5.44%
IYC iShares U.S. Consumer Discretionary ETF	-2.72%	1.51%

Correlation

The correlation between GXPD and IYC is 0.89, 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 24, 2025	0.89

Return for Risk

GXPD vs. IYC — Risk / Return Rank

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

IYC

IYC Risk / Return Rank: 12
IYC Sharpe Ratio Rank: 12
IYC Sortino Ratio Rank: 11
IYC Omega Ratio Rank: 11
IYC Calmar Ratio Rank: 12
IYC Martin Ratio Rank: 13

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.

GXPD vs. IYC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and iShares U.S. Consumer Discretionary ETF (IYC). 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

	GXPD	IYC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.31	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.42	-0.15

Drawdowns

GXPD vs. IYC - Drawdown Comparison

The maximum GXPD drawdown since its inception was -16.61%, smaller than the maximum IYC drawdown of -53.10%. Use the drawdown chart below to compare losses from any high point for GXPD and IYC.

Drawdown Indicators

	GXPD	IYC	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-53.10%	+36.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.62%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.90%	—
Current Drawdown Current decline from peak	-5.48%	-6.39%	+0.91%
Average Drawdown Average peak-to-trough decline	-4.27%	-9.95%	+5.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.95%	—

Volatility

Volatility by Period

	GXPD	IYC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	14.32%	+5.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	20.73%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	19.89%	+0.12%

GXPD vs. IYC - Expense Ratio Comparison

GXPD has a 0.15% expense ratio, which is lower than IYC's 0.38% expense ratio.

Dividends

GXPD vs. IYC - Dividend Comparison

GXPD's dividend yield for the trailing twelve months is around 0.19%, less than IYC's 0.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.19%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IYC iShares U.S. Consumer Discretionary ETF	0.51%	0.51%	0.47%	0.68%	0.68%	0.39%	0.65%	0.89%	0.90%	0.92%	1.10%	1.03%

Frequently Asked Questions

Can I hold both GXPD and IYC in my portfolio?

GXPD and IYC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPD or IYC?

On fees, GXPD 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, GXPD or IYC?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.38% for IYC.

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

IYC has the higher dividend yield at 0.51%, compared with 0.19% for GXPD.

What is the main difference between GXPD and IYC?

GXPD tracks MSCI USA Consumer Discretionary PureCap Index, while IYC tracks Dow Jones U.S. Consumer Services Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.15% for GXPD and 0.38% for IYC.