GXPS vs. DAX

Last updated Apr 1, 2026

Compare and contrast key facts about Global X PureCap MSCI Consumer Staples ETF (GXPS) and Global X DAX Germany ETF (DAX).

GXPS and DAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXPS is a passively managed fund by Global X that tracks the performance of the MSCI USA Consumer Staples Index. It was launched on Jul 22, 2025. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014. Both GXPS and DAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

GXPS vs. DAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Consumer Staples ETF (GXPS) and Global X DAX Germany ETF (DAX). The values are adjusted to include any dividend payments, if applicable.

GXPS vs. DAX - Yearly Performance Comparison

	2026 (YTD)	2025
GXPS Global X PureCap MSCI Consumer Staples ETF	7.90%	-1.72%
DAX Global X DAX Germany ETF	-7.59%	-0.60%

Returns By Period

In the year-to-date period, GXPS achieves a 7.90% return, which is significantly higher than DAX's -7.59% return.

GXPS

• 1D: 0.02%
• 1M: -7.32%
• YTD: 7.90%
• 6M: 7.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DAX

• 1D: 3.56%
• 1M: -10.85%
• YTD: -7.59%
• 6M: -5.61%
• 1Y: 9.46%
• 3Y*: 15.26%
• 5Y*: 7.59%
• 10Y*: 8.33%

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

GXPS vs. DAX - Expense Ratio Comparison

GXPS has a 0.25% expense ratio, which is higher than DAX's 0.20% 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%.

GXPS

Global X PureCap MSCI Consumer Staples ETF

DAX

Global X DAX Germany ETF

Return for Risk

GXPS vs. DAX — Risk / Return Rank

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

DAX

DAX Risk / Return Rank: 28
DAX Sharpe Ratio Rank: 28
DAX Sortino Ratio Rank: 29
DAX Omega Ratio Rank: 28
DAX Calmar Ratio Rank: 27
DAX Martin Ratio Rank: 28

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.

GXPS vs. DAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Staples ETF (GXPS) and Global X DAX Germany ETF (DAX). 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

	GXPS	DAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.38	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.32	+0.34

Correlation

The correlation between GXPS and DAX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

GXPS vs. DAX - Dividend Comparison

GXPS's dividend yield for the trailing twelve months is around 0.55%, less than DAX's 1.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPS Global X PureCap MSCI Consumer Staples ETF	0.55%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DAX Global X DAX Germany ETF	1.59%	1.47%	2.24%	2.48%	2.80%	2.65%	2.25%	2.47%	3.33%	1.73%	1.78%	1.41%

Drawdowns

GXPS vs. DAX - Drawdown Comparison

The maximum GXPS drawdown since its inception was -9.20%, smaller than the maximum DAX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for GXPS and DAX.

Drawdown Indicators

	GXPS	DAX	Difference
Max Drawdown Largest peak-to-trough decline	-9.20%	-45.58%	+36.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-39.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.58%	—
Current Drawdown Current decline from peak	-7.32%	-11.28%	+3.96%
Average Drawdown Average peak-to-trough decline	-3.40%	-10.58%	+7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.18%	—

Volatility

Volatility by Period

	GXPS	DAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	20.17%	-6.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.37%	20.20%	-6.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.37%	21.21%	-7.84%