GXPS vs. XLP
GXPS (Global X PureCap MSCI Consumer Staples ETF) and XLP (State Street Consumer Staples Select Sector SPDR ETF) are both Consumer Staples Equities funds - GXPS tracks the MSCI USA Consumer Staples Index while XLP tracks the Consumer Staples Select Sector Index. Both are passively managed. Their correlation of 0.95 suggests significant overlap in exposure. GXPS charges 0.25%/yr vs 0.08%/yr for XLP.
Performance
GXPS vs. XLP - Performance Comparison
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Returns By Period
In the year-to-date period, GXPS achieves a 9.89% return, which is significantly higher than XLP's 9.13% return.
GXPS
- 1D
- 1.97%
- 1M
- -1.48%
- YTD
- 9.89%
- 6M
- 10.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLP
- 1D
- 1.87%
- 1M
- -0.59%
- YTD
- 9.13%
- 6M
- 9.37%
- 1Y
- 5.70%
- 3Y*
- 7.18%
- 5Y*
- 6.68%
- 10Y*
- 7.51%
GXPS vs. XLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXPS Global X PureCap MSCI Consumer Staples ETF | 9.89% | -1.72% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 9.13% | -3.41% |
Correlation
The correlation between GXPS and XLP 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 |
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Return for Risk
GXPS vs. XLP — Risk / Return Rank
GXPS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLP
GXPS vs. XLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Consumer Staples ETF (GXPS) and State Street Consumer Staples Select Sector SPDR ETF (XLP). 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.
| GXPS | XLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.59 | — |
| Martin ratioReturn relative to average drawdown | — | 1.12 | — |
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Drawdowns
GXPS vs. XLP - Drawdown Comparison
The maximum GXPS drawdown since its inception was -9.20%, smaller than the maximum XLP drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for GXPS and XLP.
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Drawdown Indicators
| GXPS | XLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.20% | -35.90% | +26.70% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.30% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.51% | — |
Current DrawdownCurrent decline from peak | -5.61% | -5.82% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -3.95% | -7.06% | +3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.09% | — |
Volatility
GXPS vs. XLP - Volatility Comparison
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Volatility by Period
| GXPS | XLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.52% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 13.13% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.24% | 13.36% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.24% | 14.77% | -0.53% |
GXPS vs. XLP - Expense Ratio Comparison
GXPS has a 0.25% expense ratio, which is higher than XLP's 0.08% 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%.
Dividends
GXPS vs. XLP - Dividend Comparison
GXPS's dividend yield for the trailing twelve months is around 0.54%, less than XLP's 2.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPS Global X PureCap MSCI Consumer Staples ETF | 0.54% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 2.62% | 2.75% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.52% |
Frequently Asked Questions
With a correlation of 0.95, GXPS and XLP 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.
On fees, XLP is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLP is cheaper with a 0.08% expense ratio, compared with 0.25% for GXPS.
XLP has the higher dividend yield at 2.62%, compared with 0.54% for GXPS.
GXPS tracks MSCI USA Consumer Staples Index, while XLP tracks Consumer Staples Select Sector Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.25% for GXPS and 0.08% for XLP.
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