IYC vs. GXPD

Last updated Jun 24, 2026

IYC (iShares U.S. Consumer Discretionary ETF) and GXPD (Global X PureCap MSCI Consumer Discretionary ETF) are both Consumer Discretionary Equities funds - IYC tracks the Dow Jones U.S. Consumer Services Index while GXPD tracks the MSCI USA Consumer Discretionary PureCap Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. IYC charges 0.38%/yr vs 0.15%/yr for GXPD.

Performance

IYC vs. GXPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Consumer Discretionary ETF (IYC) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IYC achieves a -3.42% return, which is significantly higher than GXPD's -4.42% return.

IYC

• 1D: -0.27%
• 1M: -2.64%
• YTD: -3.42%
• 6M: -4.50%
• 1Y: 2.57%
• 3Y*: 13.50%
• 5Y*: 5.77%
• 10Y*: 11.80%

GXPD

• 1D: -0.80%
• 1M: -6.40%
• YTD: -4.42%
• 6M: -6.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IYC vs. GXPD - Yearly Performance Comparison

	2026 (YTD)	2025
IYC iShares U.S. Consumer Discretionary ETF	-3.42%	1.85%
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-4.42%	5.36%

Correlation

The correlation between IYC and GXPD is 0.90, 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	0.90

Return for Risk

IYC vs. GXPD — Risk / Return Rank

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

IYC

IYC Risk / Return Rank: 11
IYC Sharpe Ratio Rank: 11
IYC Sortino Ratio Rank: 10
IYC Omega Ratio Rank: 10
IYC Calmar Ratio Rank: 11
IYC Martin Ratio Rank: 11

GXPD

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.

IYC vs. GXPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Consumer Discretionary ETF (IYC) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). 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.

	IYC	GXPD	Difference
Sharpe ratio: Return per unit of total volatility	0.18	—	—
Sortino ratio: Return per unit of downside risk	0.36	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.22	—	—
Martin ratio: Return relative to average drawdown	0.62	—	—

Drawdowns

IYC vs. GXPD - Drawdown Comparison

The maximum IYC drawdown since its inception was -53.10%, which is greater than GXPD's maximum drawdown of -16.61%. Use the drawdown chart below to compare losses from any high point for IYC and GXPD.

Drawdown Indicators

	IYC	GXPD	Difference
Max Drawdown Largest peak-to-trough decline	-53.10%	-16.61%	-36.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.97%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.90%	—	—
Current Drawdown Current decline from peak	-7.07%	-8.86%	+1.79%
Average Drawdown Average peak-to-trough decline	-9.94%	-4.40%	-5.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	—	—

Volatility

Volatility by Period

	IYC	GXPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	20.38%	-5.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	20.38%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	20.38%	-0.47%

IYC vs. GXPD - Expense Ratio Comparison

IYC has a 0.38% expense ratio, which is higher than GXPD's 0.15% expense ratio.

Dividends

IYC vs. GXPD - Dividend Comparison

IYC's dividend yield for the trailing twelve months is around 0.52%, more than GXPD's 0.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.20%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IYC iShares U.S. Consumer Discretionary ETF	0.52%	0.51%	0.47%	0.68%	0.68%	0.39%	0.65%	0.89%	0.90%	0.92%	1.10%	1.03%

Frequently Asked Questions

Can I hold both IYC and GXPD in my portfolio?

IYC and GXPD have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IYC or GXPD?

On fees, GXPD 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, IYC or GXPD?

GXPD is cheaper with a 0.15% expense ratio, compared with 0.38% for IYC.

Which ETF pays a higher dividend yield, IYC or GXPD?

IYC has the higher dividend yield at 0.52%, compared with 0.20% for GXPD.

What is the main difference between IYC and GXPD?

IYC tracks Dow Jones U.S. Consumer Services Index, while GXPD tracks MSCI USA Consumer Discretionary PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.38% for IYC and 0.15% for GXPD.