GXPD vs. RKNG

Last updated Jun 4, 2026

GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and RKNG (Defiance Retail Kings ETF) are both Consumer Discretionary Equities funds. GXPD is passively managed, while RKNG is actively managed. A 0.51 correlation means they provide meaningful diversification when combined. GXPD charges 0.15%/yr vs 0.79%/yr for RKNG.

Performance

GXPD vs. RKNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and Defiance Retail Kings ETF (RKNG). 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*: —

RKNG

• 1D: -2.60%
• 1M: 17.03%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPD vs. RKNG - Yearly Performance Comparison

	2026 (YTD)
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-3.24%
RKNG Defiance Retail Kings ETF	16.17%

Correlation

The correlation between GXPD and RKNG is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	0.51

Return for Risk

GXPD vs. RKNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and Defiance Retail Kings ETF (RKNG). 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	RKNG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.88	-0.61

Drawdowns

GXPD vs. RKNG - Drawdown Comparison

The maximum GXPD drawdown since its inception was -16.61%, smaller than the maximum RKNG drawdown of -34.21%. Use the drawdown chart below to compare losses from any high point for GXPD and RKNG.

Drawdown Indicators

	GXPD	RKNG	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-34.21%	+17.60%
Current Drawdown Current decline from peak	-5.48%	-2.60%	-2.88%
Average Drawdown Average peak-to-trough decline	-4.27%	-12.91%	+8.64%

Volatility

Volatility by Period

	GXPD	RKNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	58.95%	-38.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	58.95%	-38.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	58.95%	-38.94%

GXPD vs. RKNG - Expense Ratio Comparison

GXPD has a 0.15% expense ratio, which is lower than RKNG's 0.79% expense ratio.

Dividends

GXPD vs. RKNG - Dividend Comparison

GXPD's dividend yield for the trailing twelve months is around 0.19%, while RKNG has not paid dividends to shareholders.

Position	TTM	2025
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.19%	0.19%
RKNG Defiance Retail Kings ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXPD and RKNG in my portfolio?

GXPD and RKNG have a correlation of 0.51, 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 RKNG?

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 RKNG?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.79% for RKNG.

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

GXPD has the higher dividend yield at 0.19%, compared with 0.00% for RKNG.

What is the main difference between GXPD and RKNG?

They also come from different issuers: Global X and Defiance. Their fees differ too: 0.15% for GXPD and 0.79% for RKNG.