GXTG vs. GEW

Last updated Jul 16, 2026

GXTG (Global X Thematic Growth ETF) and GEW (Cambria Global Equal Weight ETF) are both Global Equities funds. GXTG is passively managed, while GEW is actively managed. A 0.73 correlation means they provide meaningful diversification when combined. GXTG charges 0.50%/yr vs 0.29%/yr for GEW.

Performance

GXTG vs. GEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Thematic Growth ETF (GXTG) and Cambria Global Equal Weight ETF (GEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXTG achieves a 1.37% return, which is significantly lower than GEW's 8.60% return.

GXTG

• 1D: -0.33%
• 1M: -15.01%
• 6M: -5.31%
• YTD: 1.37%
• 1Y: -3.84%
• 3Y*: -4.34%
• 5Y*: -11.97%
• 10Y*: —

GEW

• 1D: 0.40%
• 1M: 0.26%
• 6M: 6.13%
• YTD: 8.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXTG vs. GEW - Yearly Performance Comparison

	2026 (YTD)	2025
GXTG Global X Thematic Growth ETF	1.37%	-11.70%
GEW Cambria Global Equal Weight ETF	8.60%	3.68%

Correlation

The correlation between GXTG and GEW is 0.73, 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 Sep 24, 2025	0.73

Return for Risk

GXTG vs. GEW — Risk / Return Rank

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

GXTG

GXTG Risk / Return Rank: 8
GXTG Sharpe Ratio Rank: 8
GXTG Sortino Ratio Rank: 8
GXTG Omega Ratio Rank: 8
GXTG Calmar Ratio Rank: 8
GXTG Martin Ratio Rank: 7

GEW

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

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.

GXTG vs. GEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) and Cambria Global Equal Weight ETF (GEW). 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.

	GXTG	GEW	Difference
Sharpe ratio: Return per unit of total volatility	-0.13	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.16	—	—
Martin ratio: Return relative to average drawdown	-0.34	—	—

Drawdowns

GXTG vs. GEW - Drawdown Comparison

The maximum GXTG drawdown since its inception was -67.81%, which is greater than GEW's maximum drawdown of -8.15%. Use the drawdown chart below to compare losses from any high point for GXTG and GEW.

Drawdown Indicators

	GXTG	GEW	Difference
Max Drawdown Largest peak-to-trough decline	-67.81%	-8.15%	-59.66%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.17%	—	—
Current Drawdown Current decline from peak	-59.93%	-0.18%	-59.75%
Average Drawdown Average peak-to-trough decline	-43.28%	-1.29%	-41.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.41%	—	—

Volatility

Volatility by Period

	GXTG	GEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.44%	14.29%	+15.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.38%	14.29%	+14.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.92%	14.29%	+15.63%

GXTG vs. GEW - Expense Ratio Comparison

GXTG has a 0.50% expense ratio, which is higher than GEW's 0.29% expense ratio.

Dividends

GXTG vs. GEW - Dividend Comparison

GXTG's dividend yield for the trailing twelve months is around 1.48%, more than GEW's 1.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GEW Cambria Global Equal Weight ETF	1.25%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GXTG Global X Thematic Growth ETF	1.48%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%

Frequently Asked Questions

Can I hold both GXTG and GEW in my portfolio?

GXTG and GEW have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXTG or GEW?

On fees, GEW is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXTG or GEW?

GEW is cheaper with a 0.29% expense ratio, compared with 0.50% for GXTG.

Which ETF pays a higher dividend yield, GXTG or GEW?

GXTG has the higher dividend yield at 1.48%, compared with 1.25% for GEW.

What is the main difference between GXTG and GEW?

They also come from different issuers: Global X and Cambria. Their fees differ too: 0.50% for GXTG and 0.29% for GEW.