GXTG vs. XLK
Compare and contrast key facts about Global X Thematic Growth ETF (GXTG) and Technology Select Sector SPDR Fund (XLK).
GXTG and XLK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXTG is a passively managed fund by Global X that tracks the performance of the Solactive Thematic Growth Index. It was launched on Oct 25, 2019. XLK is a passively managed fund by State Street that tracks the performance of the Technology Select Sector Index. It was launched on Dec 16, 1998. Both GXTG and XLK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GXTG or XLK.
Correlation
The correlation between GXTG and XLK is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GXTG vs. XLK - Performance Comparison
Key characteristics
GXTG:
0.42
XLK:
0.88
GXTG:
0.72
XLK:
1.27
GXTG:
1.08
XLK:
1.17
GXTG:
0.14
XLK:
1.18
GXTG:
1.74
XLK:
3.96
GXTG:
5.12%
XLK:
5.04%
GXTG:
20.99%
XLK:
22.80%
GXTG:
-66.87%
XLK:
-82.05%
GXTG:
-58.85%
XLK:
-0.32%
Returns By Period
In the year-to-date period, GXTG achieves a 7.75% return, which is significantly higher than XLK's 3.82% return.
GXTG
7.75%
4.37%
10.73%
11.20%
-1.52%
N/A
XLK
3.82%
2.27%
9.91%
21.99%
20.57%
20.34%
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GXTG vs. XLK - Expense Ratio Comparison
GXTG has a 0.50% expense ratio, which is higher than XLK's 0.13% expense ratio.
Risk-Adjusted Performance
GXTG vs. XLK — Risk-Adjusted Performance Rank
GXTG
XLK
GXTG vs. XLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) and Technology Select Sector SPDR Fund (XLK). 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.
Dividends
GXTG vs. XLK - Dividend Comparison
GXTG's dividend yield for the trailing twelve months is around 1.00%, more than XLK's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXTG Global X Thematic Growth ETF | 1.00% | 1.08% | 1.99% | 1.48% | 1.57% | 0.48% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK Technology Select Sector SPDR Fund | 0.63% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% | 1.75% |
Drawdowns
GXTG vs. XLK - Drawdown Comparison
The maximum GXTG drawdown since its inception was -66.87%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for GXTG and XLK. For additional features, visit the drawdowns tool.
Volatility
GXTG vs. XLK - Volatility Comparison
The current volatility for Global X Thematic Growth ETF (GXTG) is 3.72%, while Technology Select Sector SPDR Fund (XLK) has a volatility of 7.31%. This indicates that GXTG experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.