GXPD vs. XLY
GXPD (Global X PureCap MSCI Consumer Discretionary ETF) and XLY (Consumer Discretionary Select Sector SPDR Fund) are both Consumer Discretionary Equities funds - GXPD tracks the MSCI USA Consumer Discretionary PureCap Index while XLY tracks the Consumer Discretionary Select Sector Index. Both are passively managed. With a 0.97 correlation, they move nearly in lockstep. GXPD charges 0.15%/yr vs 0.13%/yr for XLY.
Performance
GXPD vs. XLY - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with GXPD having a -4.42% return and XLY slightly higher at -4.35%.
GXPD
- 1D
- -0.80%
- 1M
- -6.40%
- YTD
- -4.42%
- 6M
- -6.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLY
- 1D
- -1.03%
- 1M
- -4.36%
- YTD
- -4.35%
- 6M
- -6.51%
- 1Y
- 6.94%
- 3Y*
- 12.11%
- 5Y*
- 6.04%
- 10Y*
- 12.73%
GXPD vs. XLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPD Global X PureCap MSCI Consumer Discretionary ETF | -4.42% | 5.36% |
XLY Consumer Discretionary Select Sector SPDR Fund | -4.35% | 6.31% |
Correlation
The correlation between GXPD and XLY is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.97 |
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Return for Risk
GXPD vs. XLY — Risk / Return Rank
GXPD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLY
GXPD vs. XLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Discretionary ETF (GXPD) and Consumer Discretionary Select Sector SPDR Fund (XLY). 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 | XLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.47 | — |
| Martin ratioReturn relative to average drawdown | — | 1.40 | — |
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Drawdowns
GXPD vs. XLY - Drawdown Comparison
The maximum GXPD drawdown since its inception was -16.61%, smaller than the maximum XLY drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for GXPD and XLY.
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Drawdown Indicators
| GXPD | XLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.61% | -59.05% | +42.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.67% | — |
Current DrawdownCurrent decline from peak | -8.86% | -8.28% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -9.55% | +5.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.97% | — |
Volatility
GXPD vs. XLY - Volatility Comparison
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Volatility by Period
| GXPD | XLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.38% | 18.55% | +1.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 23.91% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 22.09% | -1.71% |
GXPD vs. XLY - Expense Ratio Comparison
GXPD has a 0.15% expense ratio, which is higher than XLY'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
GXPD vs. XLY - Dividend Comparison
GXPD's dividend yield for the trailing twelve months is around 0.20%, less than XLY's 0.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPD Global X PureCap MSCI Consumer Discretionary ETF | 0.20% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLY Consumer Discretionary Select Sector SPDR Fund | 0.79% | 0.79% | 0.72% | 0.78% | 1.00% | 0.53% | 0.82% | 1.28% | 1.34% | 1.20% | 1.71% | 1.43% |
Frequently Asked Questions
With a correlation of 0.97, GXPD and XLY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XLY is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLY is cheaper with a 0.13% expense ratio, compared with 0.15% for GXPD.
XLY has the higher dividend yield at 0.79%, compared with 0.20% for GXPD.
GXPD tracks MSCI USA Consumer Discretionary PureCap Index, while XLY tracks Consumer Discretionary Select Sector Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.15% for GXPD and 0.13% for XLY.
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