GXPT vs. GGTL

Last updated Aug 4, 2026

GXPT (Global X PureCap MSCI Information Technology ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. GXPT is passively managed, while GGTL is actively managed. Over the past year, GXPT returned 30.95% vs 27.43% for GGTL. Their 0.77 correlation means they have sometimes moved together and sometimes differently. GXPT charges 0.15%/yr vs 0.90%/yr for GGTL.

Performance

GXPT vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Information Technology ETF (GXPT) and Gabelli Global Technology Leaders ETF (GGTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GXPT having a 17.60% return and GGTL slightly lower at 17.10%.

GXPT

• 1D: 1.42%
• 1M: 1.35%
• 6M: 19.51%
• YTD: 17.60%
• 1Y: 30.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.08%

GGTL

• 1D: 2.19%
• 1M: -4.36%
• 6M: 15.01%
• YTD: 17.10%
• 1Y: 27.43%
• 3Y*: 18.56%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.97%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GGTL Gabelli Global Technology Leaders ETF	$245.95K	$123.28K	$50.77K
GXPT Global X PureCap MSCI Information Technology ETF	$16.90M	$9.50M	$5.80M

GXPT vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025
GXPT Global X PureCap MSCI Information Technology ETF	17.60%	11.47%
GGTL Gabelli Global Technology Leaders ETF	17.10%	6.14%

Correlation

The correlation between GXPT and GGTL is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.77

The correlation between GXPT and GGTL has been stable across timeframes, ranging from 0.77 to 0.77 - a consistent structural relationship.

Return for Risk

GXPT vs. GGTL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GXPT

GXPT Risk / Return Rank: 45
GXPT Sharpe Ratio Rank: 50
GXPT Sortino Ratio Rank: 48
GXPT Omega Ratio Rank: 45
GXPT Calmar Ratio Rank: 43
GXPT Martin Ratio Rank: 39

GGTL

GGTL Risk / Return Rank: 46
GGTL Sharpe Ratio Rank: 45
GGTL Sortino Ratio Rank: 44
GGTL Omega Ratio Rank: 46
GGTL Calmar Ratio Rank: 40
GGTL Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GXPT vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) and Gabelli Global Technology Leaders ETF (GGTL). 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.

	GXPT	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	1.32	1.23	+0.10
Sortino ratio: Return per unit of downside risk	1.87	1.73	+0.13
Omega ratio: Gain probability vs. loss probability	1.23	1.24	-0.01
Calmar ratio: Return relative to maximum drawdown	1.66	1.54	+0.12
Martin ratio: Return relative to average drawdown	4.35	6.97	-2.62

GXPT vs. GGTL - Sharpe Ratio Comparison

The current GXPT Sharpe Ratio is 1.32, which is comparable to the GGTL Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of GXPT and GGTL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GXPT vs. GGTL - Drawdown Comparison

The maximum GXPT drawdown since its inception was -18.74%, smaller than the maximum GGTL drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for GXPT and GGTL.

Drawdown Indicators

	GXPT	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-23.65%	+4.91%
Max Drawdown (1Y) Largest decline over 1 year	-18.74%	-17.86%	-0.88%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.46%	—
Current Drawdown Current decline from peak	-8.14%	-9.83%	+1.69%
Average Drawdown Average peak-to-trough decline	-5.46%	-7.41%	+1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.13%	3.94%	+3.19%

Volatility

GXPT vs. GGTL - Volatility Comparison

The current volatility for Global X PureCap MSCI Information Technology ETF (GXPT) is 7.76%, while Gabelli Global Technology Leaders ETF (GGTL) has a volatility of 11.32%. This indicates that GXPT experiences smaller price fluctuations and is considered to be less risky than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GXPT	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.76%	11.32%	-3.56%
Volatility (6M) Calculated over the trailing 6-month period	19.32%	20.41%	-1.09%
Volatility (1Y) Calculated over the trailing 1-year period	23.53%	22.49%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.28%	18.85%	+4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.28%	18.85%	+4.43%

GXPT vs. GGTL - Expense Ratio Comparison

GXPT has a 0.15% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

GXPT vs. GGTL - Dividend Comparison

GXPT's dividend yield for the trailing twelve months is around 0.22%, less than GGTL's 0.89% yield.

Position	TTM	2025	2024	2023	2022
GGTL Gabelli Global Technology Leaders ETF	0.89%	1.04%	0.75%	0.84%	0.78%
GXPT Global X PureCap MSCI Information Technology ETF	0.22%	0.14%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXPT and GGTL in my portfolio?

GXPT and GGTL have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXPT or GGTL?

GGTL has higher volatility (11.32%) compared to GXPT (7.76%). In terms of maximum drawdown, GXPT dropped -18.74% vs GGTL's -23.65%.

Which ETF is better, GXPT or GGTL?

On 1-year performance, GXPT leads with 30.95% vs 27.43% for GGTL. On fees, GXPT is cheaper at 0.15% per year. On volatility, GXPT has been the lower-risk option at 7.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GXPT or GGTL?

Over the 1-year period, GXPT has performed better with a 30.95% return vs 27.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GXPT or GGTL?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, GXPT or GGTL?

GGTL has the higher dividend yield at 0.89%, compared with 0.22% for GXPT.

What is the main difference between GXPT and GGTL?

They also come from different issuers: Global X and Gabelli. Their fees differ too: 0.15% for GXPT and 0.90% for GGTL.

Which has better risk-adjusted returns?

GXPT currently has the higher Sharpe Ratio (1.32 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.