GXPT vs. PXQ

Last updated Jun 4, 2026

GXPT (Global X PureCap MSCI Information Technology ETF) and PXQ (Invesco Next Gen Connectivity ETF) are both Technology Equities funds - GXPT tracks the MSCI USA Information Technology PureCap Index while PXQ tracks the STOXX World AC NexGen Connectivity Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. GXPT charges 0.15%/yr vs 0.40%/yr for PXQ.

Performance

GXPT vs. PXQ - Performance Comparison

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

Returns By Period

In the year-to-date period, GXPT achieves a 25.98% return, which is significantly lower than PXQ's 63.41% return.

GXPT

• 1D: -1.60%
• 1M: 17.05%
• YTD: 25.98%
• 6M: 24.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PXQ

• 1D: -0.63%
• 1M: 26.38%
• YTD: 63.41%
• 6M: 62.53%
• 1Y: 99.38%
• 3Y*: 43.36%
• 5Y*: 21.73%
• 10Y*: 21.42%

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

GXPT vs. PXQ - Yearly Performance Comparison

	2026 (YTD)	2025
GXPT Global X PureCap MSCI Information Technology ETF	25.98%	10.78%
PXQ Invesco Next Gen Connectivity ETF	63.41%	13.91%

Correlation

The correlation between GXPT and PXQ is 0.80, 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	0.80

Return for Risk

GXPT vs. PXQ — Risk / Return Rank

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

PXQ

PXQ Risk / Return Rank: 96
PXQ Sharpe Ratio Rank: 97
PXQ Sortino Ratio Rank: 96
PXQ Omega Ratio Rank: 95
PXQ Calmar Ratio Rank: 96
PXQ Martin Ratio Rank: 97

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.

GXPT vs. PXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) and Invesco Next Gen Connectivity ETF (PXQ). 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

	GXPT	PXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	0.58	+1.65

Drawdowns

GXPT vs. PXQ - Drawdown Comparison

The maximum GXPT drawdown since its inception was -18.74%, smaller than the maximum PXQ drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for GXPT and PXQ.

Drawdown Indicators

	GXPT	PXQ	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-57.18%	+38.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.55%	—
Current Drawdown Current decline from peak	-1.60%	-0.63%	-0.97%
Average Drawdown Average peak-to-trough decline	-4.93%	-10.74%	+5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.27%	—

Volatility

Volatility by Period

	GXPT	PXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.22%	21.28%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	23.19%	-1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.22%	22.97%	-1.75%

GXPT vs. PXQ - Expense Ratio Comparison

GXPT has a 0.15% expense ratio, which is lower than PXQ's 0.40% expense ratio.

Dividends

GXPT vs. PXQ - Dividend Comparison

GXPT's dividend yield for the trailing twelve months is around 0.11%, less than PXQ's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GXPT Global X PureCap MSCI Information Technology ETF	0.11%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PXQ Invesco Next Gen Connectivity ETF	0.57%	0.86%	1.38%	0.60%	2.24%	0.55%	0.18%	0.44%	1.22%	0.66%	0.44%

Frequently Asked Questions

Can I hold both GXPT and PXQ in my portfolio?

GXPT and PXQ have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPT or PXQ?

On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXPT or PXQ?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.40% for PXQ.

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

PXQ has the higher dividend yield at 0.57%, compared with 0.11% for GXPT.

What is the main difference between GXPT and PXQ?

GXPT tracks MSCI USA Information Technology PureCap Index, while PXQ tracks STOXX World AC NexGen Connectivity Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.15% for GXPT and 0.40% for PXQ.