GXPE vs. BPH

Last updated Jun 25, 2026

GXPE (Global X PureCap MSCI Energy ETF) and BPH (BP p.l.c. ADRhedged ETF) are both Energy Equities funds. GXPE is passively managed, while BPH is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. GXPE charges 0.15%/yr vs 0.19%/yr for BPH.

Performance

GXPE vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Energy ETF (GXPE) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GXPE

• 1D: -1.80%
• 1M: -9.28%
• YTD: 20.25%
• 6M: 21.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -3.60%
• 1M: -8.93%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPE vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GXPE Global X PureCap MSCI Energy ETF	-9.28%
BPH BP p.l.c. ADRhedged ETF	-8.93%

Correlation

The correlation between GXPE and BPH is 0.80, 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 May 26, 2026	0.80

Return for Risk

GXPE vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) and BP p.l.c. ADRhedged ETF (BPH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GXPE vs. BPH - Drawdown Comparison

The maximum GXPE drawdown since its inception was -14.89%, which is greater than BPH's maximum drawdown of -12.01%. Use the drawdown chart below to compare losses from any high point for GXPE and BPH.

Drawdown Indicators

	GXPE	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-14.89%	-12.01%	-2.88%
Current Drawdown Current decline from peak	-14.64%	-12.01%	-2.63%
Average Drawdown Average peak-to-trough decline	-3.66%	-3.60%	-0.06%

Volatility

Volatility by Period

	GXPE	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.74%	26.17%	-5.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.74%	26.17%	-5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.74%	26.17%	-5.43%

GXPE vs. BPH - Expense Ratio Comparison

GXPE has a 0.15% expense ratio, which is lower than BPH's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GXPE vs. BPH - Dividend Comparison

GXPE's dividend yield for the trailing twelve months is around 1.00%, more than BPH's 0.55% yield.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.55%	0.00%
GXPE Global X PureCap MSCI Energy ETF	1.00%	1.20%

Frequently Asked Questions

Can I hold both GXPE and BPH in my portfolio?

GXPE and BPH have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPE or BPH?

On fees, GXPE 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, GXPE or BPH?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.19% for BPH.

Which ETF pays a higher dividend yield, GXPE or BPH?

GXPE has the higher dividend yield at 1.00%, compared with 0.55% for BPH.

What is the main difference between GXPE and BPH?

They also come from different issuers: Global X and Precidian. Their fees differ too: 0.15% for GXPE and 0.19% for BPH.