IGM vs. GXPT
IGM (iShares Expanded Tech Sector ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - IGM tracks the S&P North American Expanded Technology Sector Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Their correlation of 0.95 suggests significant overlap in exposure. IGM charges 0.39%/yr vs 0.15%/yr for GXPT.
Performance
IGM vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, IGM achieves a 22.65% return, which is significantly higher than GXPT's 16.86% return.
IGM
- 1D
- -3.56%
- 1M
- 0.74%
- YTD
- 22.65%
- 6M
- 21.02%
- 1Y
- 47.83%
- 3Y*
- 35.67%
- 5Y*
- 19.25%
- 10Y*
- 24.86%
GXPT
- 1D
- -3.44%
- 1M
- -0.96%
- YTD
- 16.86%
- 6M
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGM vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IGM iShares Expanded Tech Sector ETF | 22.65% | 13.39% |
GXPT Global X PureCap MSCI Information Technology ETF | 16.86% | 11.47% |
Correlation
The correlation between IGM and GXPT is 0.95, 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 23, 2025 | 0.95 |
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Return for Risk
IGM vs. GXPT — Risk / Return Rank
IGM
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGM vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and Global X PureCap MSCI Information Technology ETF (GXPT). 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.
| IGM | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | — | — |
| Martin ratioReturn relative to average drawdown | 9.77 | — | — |
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Drawdowns
IGM vs. GXPT - Drawdown Comparison
The maximum IGM drawdown since its inception was -65.59%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for IGM and GXPT.
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Drawdown Indicators
| IGM | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.59% | -18.74% | -46.85% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.68% | — | — |
Current DrawdownCurrent decline from peak | -7.39% | -8.72% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -15.21% | -5.04% | -10.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | — | — |
Volatility
IGM vs. GXPT - Volatility Comparison
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Volatility by Period
| IGM | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.67% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.76% | 22.91% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.07% | 22.91% | +3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.71% | 22.91% | +1.80% |
IGM vs. GXPT - Expense Ratio Comparison
IGM has a 0.39% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
IGM vs. GXPT - Dividend Comparison
IGM's dividend yield for the trailing twelve months is around 0.14%, more than GXPT's 0.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
IGM iShares Expanded Tech Sector ETF | 0.14% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
Frequently Asked Questions
With a correlation of 0.95, IGM and GXPT 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.
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.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.39% for IGM.
IGM has the higher dividend yield at 0.14%, compared with 0.12% for GXPT.
IGM tracks S&P North American Expanded Technology Sector Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.39% for IGM and 0.15% for GXPT.
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