ILDR vs. GXPT
ILDR (First Trust Innovation Leaders ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. ILDR is actively managed, while GXPT is passively managed. Their correlation of 0.86 suggests significant overlap in exposure. ILDR charges 0.75%/yr vs 0.15%/yr for GXPT.
Performance
ILDR vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, ILDR achieves a 13.36% return, which is significantly lower than GXPT's 16.02% return.
ILDR
- 1D
- -0.59%
- 1M
- -0.83%
- YTD
- 13.36%
- 6M
- 11.44%
- 1Y
- 30.63%
- 3Y*
- 28.06%
- 5Y*
- 11.32%
- 10Y*
- —
GXPT
- 1D
- -0.72%
- 1M
- -1.67%
- YTD
- 16.02%
- 6M
- 14.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILDR vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ILDR First Trust Innovation Leaders ETF | 13.36% | 10.19% |
GXPT Global X PureCap MSCI Information Technology ETF | 16.02% | 11.47% |
Correlation
The correlation between ILDR and GXPT is 0.86, 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 | 0.86 |
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Return for Risk
ILDR vs. GXPT — Risk / Return Rank
ILDR
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ILDR vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Innovation Leaders ETF (ILDR) 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.
| ILDR | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.23 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | — | — |
| Martin ratioReturn relative to average drawdown | 5.61 | — | — |
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Drawdowns
ILDR vs. GXPT - Drawdown Comparison
The maximum ILDR drawdown since its inception was -44.61%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for ILDR and GXPT.
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Drawdown Indicators
| ILDR | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.61% | -18.74% | -25.87% |
Max Drawdown (1Y)Largest decline over 1 year | -17.70% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.61% | — | — |
Current DrawdownCurrent decline from peak | -7.75% | -9.37% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -14.86% | -5.06% | -9.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | — | — |
Volatility
ILDR vs. GXPT - Volatility Comparison
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Volatility by Period
| ILDR | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.87% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.16% | 22.88% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.40% | 22.88% | +3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.23% | 22.88% | +3.35% |
ILDR vs. GXPT - Expense Ratio Comparison
ILDR has a 0.75% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
ILDR vs. GXPT - Dividend Comparison
ILDR has not paid dividends to shareholders, while GXPT's dividend yield for the trailing twelve months is around 0.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% |
ILDR First Trust Innovation Leaders ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% |
Frequently Asked Questions
ILDR and GXPT have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.75% for ILDR.
GXPT has the higher dividend yield at 0.12%, compared with 0.00% for ILDR.
They also come from different issuers: First Trust and Global X. Their fees differ too: 0.75% for ILDR and 0.15% for GXPT.
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