GXPT vs. QTUM

Last updated Jun 24, 2026

GXPT (Global X PureCap MSCI Information Technology ETF) and QTUM (Defiance Quantum ETF) are both Technology Equities funds - GXPT tracks the MSCI USA Information Technology PureCap Index while QTUM tracks the BlueStar Machine Learning and Quantum Computing Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. GXPT charges 0.15%/yr vs 0.40%/yr for QTUM.

Performance

GXPT vs. QTUM - Performance Comparison

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

Returns By Period

In the year-to-date period, GXPT achieves a 16.86% return, which is significantly lower than QTUM's 49.25% return.

GXPT

• 1D: -3.44%
• 1M: -0.96%
• YTD: 16.86%
• 6M: 15.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTUM

• 1D: -3.12%
• 1M: 6.45%
• YTD: 49.25%
• 6M: 46.84%
• 1Y: 87.39%
• 3Y*: 51.19%
• 5Y*: 28.34%
• 10Y*: —

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

GXPT vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%
QTUM Defiance Quantum ETF	49.25%	17.59%

Correlation

The correlation between GXPT and QTUM is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.79

Return for Risk

GXPT vs. QTUM — Risk / Return Rank

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

GXPT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QTUM

QTUM Risk / Return Rank: 88
QTUM Sharpe Ratio Rank: 91
QTUM Sortino Ratio Rank: 83
QTUM Omega Ratio Rank: 83
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 91

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. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) and Defiance Quantum ETF (QTUM). 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	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	—	3.02	—
Sortino ratio: Return per unit of downside risk	—	3.51	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	5.76	—
Martin ratio: Return relative to average drawdown	—	20.75	—

Drawdowns

GXPT vs. QTUM - Drawdown Comparison

The maximum GXPT drawdown since its inception was -18.74%, smaller than the maximum QTUM drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for GXPT and QTUM.

Drawdown Indicators

	GXPT	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-38.45%	+19.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-8.72%	-3.21%	-5.51%
Average Drawdown Average peak-to-trough decline	-5.04%	-8.22%	+3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.23%	—

Volatility

Volatility by Period

	GXPT	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.91%	29.10%	-6.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.91%	27.17%	-4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.91%	27.48%	-4.57%

GXPT vs. QTUM - Expense Ratio Comparison

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

Dividends

GXPT vs. QTUM - Dividend Comparison

GXPT's dividend yield for the trailing twelve months is around 0.12%, less than QTUM's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.72%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both GXPT and QTUM in my portfolio?

GXPT and QTUM have a correlation of 0.79, 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 QTUM?

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 QTUM?

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

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

QTUM has the higher dividend yield at 0.72%, compared with 0.12% for GXPT.

What is the main difference between GXPT and QTUM?

GXPT tracks MSCI USA Information Technology PureCap Index, while QTUM tracks BlueStar Machine Learning and Quantum Computing Index. They also come from different issuers: Global X and Defiance. Their fees differ too: 0.15% for GXPT and 0.40% for QTUM.