NICO vs. GXPS

Last updated Jul 8, 2026

NICO (Hexis Active Nicotine Engagement ETF) and GXPS (Global X PureCap MSCI Consumer Staples ETF) are both Consumer Staples Equities funds. NICO is actively managed, while GXPS is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. NICO charges 0.70%/yr vs 0.25%/yr for GXPS.

Performance

NICO vs. GXPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hexis Active Nicotine Engagement ETF (NICO) and Global X PureCap MSCI Consumer Staples ETF (GXPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NICO

• 1D: 0.73%
• 1M: 2.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPS

• 1D: 0.98%
• 1M: 1.58%
• 6M: 11.21%
• YTD: 10.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NICO vs. GXPS - Yearly Performance Comparison

	2026 (YTD)
NICO Hexis Active Nicotine Engagement ETF	3.40%
GXPS Global X PureCap MSCI Consumer Staples ETF	-0.36%

Correlation

The correlation between NICO and GXPS is 0.66, 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 May 6, 2026	0.66

Return for Risk

NICO vs. GXPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hexis Active Nicotine Engagement ETF (NICO) and Global X PureCap MSCI Consumer Staples ETF (GXPS). 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.

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

Drawdowns

NICO vs. GXPS - Drawdown Comparison

The maximum NICO drawdown since its inception was -8.00%, smaller than the maximum GXPS drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for NICO and GXPS.

Drawdown Indicators

	NICO	GXPS	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-9.20%	+1.20%
Current Drawdown Current decline from peak	-3.58%	-4.89%	+1.31%
Average Drawdown Average peak-to-trough decline	-3.86%	-4.03%	+0.17%

Volatility

Volatility by Period

	NICO	GXPS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.02%	14.44%	+5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	14.44%	+5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.02%	14.44%	+5.58%

NICO vs. GXPS - Expense Ratio Comparison

NICO has a 0.70% expense ratio, which is higher than GXPS's 0.25% expense ratio.

Dividends

NICO vs. GXPS - Dividend Comparison

NICO has not paid dividends to shareholders, while GXPS's dividend yield for the trailing twelve months is around 1.25%.

Position	TTM	2025
GXPS Global X PureCap MSCI Consumer Staples ETF	1.25%	0.59%
NICO Hexis Active Nicotine Engagement ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NICO and GXPS in my portfolio?

NICO and GXPS have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NICO or GXPS?

On fees, GXPS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NICO or GXPS?

GXPS is cheaper with a 0.25% expense ratio, compared with 0.70% for NICO.

Which ETF pays a higher dividend yield, NICO or GXPS?

GXPS has the higher dividend yield at 1.25%, compared with 0.00% for NICO.

What is the main difference between NICO and GXPS?

They also come from different issuers: Hexis and Global X. Their fees differ too: 0.70% for NICO and 0.25% for GXPS.