GXPS vs. DVXP

Last updated Jun 5, 2026

GXPS (Global X PureCap MSCI Consumer Staples ETF) and DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) are both Consumer Staples Equities funds - GXPS tracks the MSCI USA Consumer Staples Index while DVXP tracks the Syntax Defined Volatility XLP Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. GXPS charges 0.25%/yr vs 0.89%/yr for DVXP.

Performance

GXPS vs. DVXP - Performance Comparison

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

Returns By Period

In the year-to-date period, GXPS achieves a 6.95% return, which is significantly lower than DVXP's 8.71% return.

GXPS

• 1D: -0.18%
• 1M: -3.77%
• YTD: 6.95%
• 6M: 6.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXP

• 1D: -0.22%
• 1M: -4.00%
• YTD: 8.71%
• 6M: 7.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPS vs. DVXP - Yearly Performance Comparison

	2026 (YTD)	2025
GXPS Global X PureCap MSCI Consumer Staples ETF	6.95%	-1.72%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	8.71%	-10.24%

Correlation

The correlation between GXPS and DVXP is 0.93, 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 24, 2025	0.93

Return for Risk

GXPS vs. DVXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Staples ETF (GXPS) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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	DVXP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	-0.13	+0.56

Drawdowns

GXPS vs. DVXP - Drawdown Comparison

The maximum GXPS drawdown since its inception was -9.20%, smaller than the maximum DVXP drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for GXPS and DVXP.

Drawdown Indicators

	GXPS	DVXP	Difference
Max Drawdown Largest peak-to-trough decline	-9.20%	-16.36%	+7.16%
Current Drawdown Current decline from peak	-8.14%	-12.57%	+4.43%
Average Drawdown Average peak-to-trough decline	-3.89%	-8.28%	+4.39%

Volatility

Volatility by Period

	GXPS	DVXP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.94%	20.99%	-7.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	20.99%	-7.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.94%	20.99%	-7.05%

GXPS vs. DVXP - Expense Ratio Comparison

GXPS has a 0.25% expense ratio, which is lower than DVXP's 0.89% expense ratio.

Dividends

GXPS vs. DVXP - Dividend Comparison

GXPS's dividend yield for the trailing twelve months is around 0.56%, more than DVXP's 0.17% yield.

Position	TTM	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%
GXPS Global X PureCap MSCI Consumer Staples ETF	0.56%	0.59%

Frequently Asked Questions

Can I hold both GXPS and DVXP in my portfolio?

With a correlation of 0.93, GXPS and DVXP 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, GXPS or DVXP?

On fees, GXPS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXPS or DVXP?

GXPS is cheaper with a 0.25% expense ratio, compared with 0.89% for DVXP.

Which ETF pays a higher dividend yield, GXPS or DVXP?

GXPS has the higher dividend yield at 0.56%, compared with 0.17% for DVXP.

What is the main difference between GXPS and DVXP?

GXPS tracks MSCI USA Consumer Staples Index, while DVXP tracks Syntax Defined Volatility XLP Index. They also come from different issuers: Global X and WEBs. Their fees differ too: 0.25% for GXPS and 0.89% for DVXP.