GXPT vs. RACK

Last updated Jun 20, 2026

GXPT (Global X PureCap MSCI Information Technology ETF) and RACK (VanEck Data Center Supply Chain ETF) are both Technology Equities funds - GXPT tracks the MSCI USA Information Technology PureCap Index while RACK tracks the MarketVector Data Center Supply Chain Index. Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. GXPT charges 0.15%/yr vs 0.50%/yr for RACK.

Performance

GXPT vs. RACK - Performance Comparison

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

Returns By Period

GXPT

• 1D: 2.85%
• 1M: 3.36%
• YTD: 21.16%
• 6M: 21.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RACK

• 1D: 3.50%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXPT vs. RACK - Yearly Performance Comparison

	2026 (YTD)
GXPT Global X PureCap MSCI Information Technology ETF	-4.21%
RACK VanEck Data Center Supply Chain ETF	2.32%

Correlation

The correlation between GXPT and RACK is 0.92, 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 Jun 2, 2026	0.92

Return for Risk

GXPT vs. RACK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Information Technology ETF (GXPT) and VanEck Data Center Supply Chain ETF (RACK). 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.

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

Drawdowns

GXPT vs. RACK - Drawdown Comparison

The maximum GXPT drawdown since its inception was -18.74%, which is greater than RACK's maximum drawdown of -12.62%. Use the drawdown chart below to compare losses from any high point for GXPT and RACK.

Drawdown Indicators

	GXPT	RACK	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-12.62%	-6.12%
Current Drawdown Current decline from peak	-5.36%	0.00%	-5.36%
Average Drawdown Average peak-to-trough decline	-5.02%	-4.72%	-0.30%

Volatility

Volatility by Period

	GXPT	RACK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.70%	58.37%	-35.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.70%	58.37%	-35.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.70%	58.37%	-35.67%

GXPT vs. RACK - Expense Ratio Comparison

GXPT has a 0.15% expense ratio, which is lower than RACK's 0.50% expense ratio.

Dividends

GXPT vs. RACK - Dividend Comparison

GXPT's dividend yield for the trailing twelve months is around 0.11%, while RACK has not paid dividends to shareholders.

Position	TTM	2025
GXPT Global X PureCap MSCI Information Technology ETF	0.11%	0.14%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GXPT and RACK in my portfolio?

With a correlation of 0.92, GXPT and RACK 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.

Which ETF is better, GXPT or RACK?

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 RACK?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.50% for RACK.

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

GXPT has the higher dividend yield at 0.11%, compared with 0.00% for RACK.

What is the main difference between GXPT and RACK?

GXPT tracks MSCI USA Information Technology PureCap Index, while RACK tracks MarketVector Data Center Supply Chain Index. They also come from different issuers: Global X and VanEck. Their fees differ too: 0.15% for GXPT and 0.50% for RACK.