GXPS vs. USD

Last updated Jun 5, 2026

GXPS (Global X PureCap MSCI Consumer Staples ETF) and USD (ProShares Ultra Semiconductors) are both exchange-traded funds - GXPS is a Consumer Staples Equities fund tracking the MSCI USA Consumer Staples Index, while USD is a Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Both are passively managed. At a correlation of -0.34, they often move in opposite directions. GXPS charges 0.25%/yr vs 0.95%/yr for USD.

Performance

GXPS vs. USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Consumer Staples ETF (GXPS) and ProShares Ultra Semiconductors (USD). 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 USD's 103.32% return.

GXPS

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

USD

• 1D: -4.99%
• 1M: 31.62%
• YTD: 103.32%
• 6M: 97.79%
• 1Y: 250.81%
• 3Y*: 125.78%
• 5Y*: 67.80%
• 10Y*: 61.24%

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

GXPS vs. USD - Yearly Performance Comparison

	2026 (YTD)	2025
GXPS Global X PureCap MSCI Consumer Staples ETF	6.95%	-1.72%
USD ProShares Ultra Semiconductors	103.32%	29.52%

Correlation

The correlation between GXPS and USD is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	-0.34

Return for Risk

GXPS vs. USD — Risk / Return Rank

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

USD

USD Risk / Return Rank: 89
USD Sharpe Ratio Rank: 96
USD Sortino Ratio Rank: 82
USD Omega Ratio Rank: 81
USD Calmar Ratio Rank: 95
USD Martin Ratio Rank: 92

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. USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Staples ETF (GXPS) and ProShares Ultra Semiconductors (USD). 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	USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.49	-0.06

Drawdowns

GXPS vs. USD - Drawdown Comparison

The maximum GXPS drawdown since its inception was -9.20%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for GXPS and USD.

Drawdown Indicators

	GXPS	USD	Difference
Max Drawdown Largest peak-to-trough decline	-9.20%	-88.63%	+79.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.80%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-64.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-77.85%	—
Current Drawdown Current decline from peak	-8.14%	-6.07%	-2.07%
Average Drawdown Average peak-to-trough decline	-3.89%	-32.35%	+28.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.98%	—

Volatility

Volatility by Period

	GXPS	USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.94%	61.28%	-47.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.94%	76.56%	-62.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.94%	69.24%	-55.30%

GXPS vs. USD - Expense Ratio Comparison

GXPS has a 0.25% expense ratio, which is lower than USD's 0.95% expense ratio.

Dividends

GXPS vs. USD - Dividend Comparison

GXPS's dividend yield for the trailing twelve months is around 0.56%, more than USD's 0.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPS Global X PureCap MSCI Consumer Staples ETF	0.56%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USD ProShares Ultra Semiconductors	0.23%	0.39%	0.10%	0.05%	0.30%	0.00%	0.14%	0.72%	0.93%	0.32%	0.46%	0.39%

Frequently Asked Questions

Can I hold both GXPS and USD in my portfolio?

GXPS and USD have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPS or USD?

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 USD?

GXPS is cheaper with a 0.25% expense ratio, compared with 0.95% for USD.

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

GXPS has the higher dividend yield at 0.56%, compared with 0.23% for USD.

What is the main difference between GXPS and USD?

GXPS is categorized as Consumer Staples Equities, while USD is Leveraged Equities. GXPS tracks MSCI USA Consumer Staples Index, while USD tracks Dow Jones U.S. Semiconductors Index (200%). They also come from different issuers: Global X and ProShares. Their fees differ too: 0.25% for GXPS and 0.95% for USD.