GXPD vs. KLXY

Last updated Jun 4, 2026

GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and KLXY (Kraneshares Global Luxury Index ETF) are both Consumer Discretionary Equities funds - GXPD tracks the MSCI USA Consumer Discretionary PureCap Index while KLXY tracks the Solactive Global Luxury Index - Benchmark TR Net. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. GXPD charges 0.15%/yr vs 0.69%/yr for KLXY.

Performance

GXPD vs. KLXY - Performance Comparison

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

Returns By Period

GXPD

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

KLXY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPD vs. KLXY - Yearly Performance Comparison

	2026 (YTD)	2025
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-0.87%	5.44%
KLXY Kraneshares Global Luxury Index ETF	-0.86%	3.98%

Correlation

The correlation between GXPD and KLXY is 0.32, 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 Jul 24, 2025	0.32

Return for Risk

GXPD vs. KLXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and Kraneshares Global Luxury Index ETF (KLXY). 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	KLXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	—	—

Drawdowns

Drawdown Indicators

	GXPD	KLXY	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	—	—
Current Drawdown Current decline from peak	-5.48%	—	—
Average Drawdown Average peak-to-trough decline	-4.27%	—	—

Volatility

Volatility by Period

	GXPD	KLXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	—	—

GXPD vs. KLXY - Expense Ratio Comparison

GXPD has a 0.15% expense ratio, which is lower than KLXY's 0.69% expense ratio.

Dividends

GXPD vs. KLXY - Dividend Comparison

GXPD's dividend yield for the trailing twelve months is around 0.19%, less than KLXY's 0.85% yield.

Position	TTM	2025	2024	2023
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.19%	0.19%	0.00%	0.00%
KLXY Kraneshares Global Luxury Index ETF	0.85%	0.84%	0.74%	0.15%

Frequently Asked Questions

Can I hold both GXPD and KLXY in my portfolio?

GXPD and KLXY have a correlation of 0.32, 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 KLXY?

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 KLXY?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.69% for KLXY.

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

KLXY has the higher dividend yield at 0.85%, compared with 0.19% for GXPD.

What is the main difference between GXPD and KLXY?

GXPD tracks MSCI USA Consumer Discretionary PureCap Index, while KLXY tracks Solactive Global Luxury Index - Benchmark TR Net. They also come from different issuers: Global X and KraneShares. Their fees differ too: 0.15% for GXPD and 0.69% for KLXY.