GXPE vs. WEEI

Last updated Jul 18, 2026

GXPE (Global X PureCap MSCI Energy ETF) and WEEI (Westwood Salient Enhanced Energy Income ETF) are both Energy Equities funds. GXPE is passively managed, while WEEI is actively managed. Their correlation of 0.95 suggests significant overlap in exposure. GXPE charges 0.15%/yr vs 0.85%/yr for WEEI.

Performance

GXPE vs. WEEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Energy ETF (GXPE) and Westwood Salient Enhanced Energy Income ETF (WEEI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXPE achieves a 30.03% return, which is significantly higher than WEEI's 17.49% return.

GXPE

• 1D: 1.20%
• 1M: 6.57%
• 6M: 21.70%
• YTD: 30.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WEEI

• 1D: 0.71%
• 1M: 4.72%
• 6M: 13.20%
• YTD: 17.49%
• 1Y: 26.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPE vs. WEEI - Yearly Performance Comparison

	2026 (YTD)	2025
GXPE Global X PureCap MSCI Energy ETF	30.03%	4.62%
WEEI Westwood Salient Enhanced Energy Income ETF	17.49%	8.14%

Correlation

The correlation between GXPE and WEEI is 0.95, 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 23, 2025	0.95

Return for Risk

GXPE vs. WEEI — Risk / Return Rank

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

GXPE

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

WEEI

WEEI Risk / Return Rank: 64
WEEI Sharpe Ratio Rank: 71
WEEI Sortino Ratio Rank: 64
WEEI Omega Ratio Rank: 65
WEEI Calmar Ratio Rank: 65
WEEI Martin Ratio Rank: 58

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.

GXPE vs. WEEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) and Westwood Salient Enhanced Energy Income ETF (WEEI). 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.

	GXPE	WEEI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.79	—
Sortino ratio: Return per unit of downside risk	—	2.35	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.54	—
Martin ratio: Return relative to average drawdown	—	7.72	—

Drawdowns

GXPE vs. WEEI - Drawdown Comparison

The maximum GXPE drawdown since its inception was -15.73%, smaller than the maximum WEEI drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for GXPE and WEEI.

Drawdown Indicators

	GXPE	WEEI	Difference
Max Drawdown Largest peak-to-trough decline	-15.73%	-18.78%	+3.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.27%	—
Current Drawdown Current decline from peak	-7.70%	-3.86%	-3.84%
Average Drawdown Average peak-to-trough decline	-4.22%	-4.30%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.38%	—

Volatility

Volatility by Period

	GXPE	WEEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.35%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.75%	14.63%	+6.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.75%	18.32%	+2.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.75%	18.32%	+2.43%

GXPE vs. WEEI - Expense Ratio Comparison

GXPE has a 0.15% expense ratio, which is lower than WEEI's 0.85% expense ratio.

Dividends

GXPE vs. WEEI - Dividend Comparison

GXPE's dividend yield for the trailing twelve months is around 2.14%, less than WEEI's 11.47% yield.

Position	TTM	2025	2024
GXPE Global X PureCap MSCI Energy ETF	2.14%	1.20%	0.00%
WEEI Westwood Salient Enhanced Energy Income ETF	11.47%	12.59%	7.20%

Frequently Asked Questions

Can I hold both GXPE and WEEI in my portfolio?

With a correlation of 0.95, GXPE and WEEI 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.

Which ETF is better, GXPE or WEEI?

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 WEEI?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.85% for WEEI.

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

WEEI has the higher dividend yield at 11.47%, compared with 2.14% for GXPE.

What is the main difference between GXPE and WEEI?

They also come from different issuers: Global X and Westwood. Their fees differ too: 0.15% for GXPE and 0.85% for WEEI.