NXTG vs. GXPT

Last updated Aug 2, 2026

NXTG (First Trust IndXX NextG ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - NXTG tracks the Indxx 5G & NextG Thematic Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Over the past year, NXTG returned 53.55% vs 29.12% for GXPT. Their 0.79 correlation means they have sometimes moved together and sometimes differently. NXTG charges 0.70%/yr vs 0.15%/yr for GXPT.

Performance

NXTG vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) and Global X PureCap MSCI Information Technology ETF (GXPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXTG achieves a 35.27% return, which is significantly higher than GXPT's 15.96% return.

NXTG

• 1D: -0.65%
• 1M: -2.13%
• 6M: 28.42%
• YTD: 35.27%
• 1Y: 53.55%
• 3Y*: 28.09%
• 5Y*: 15.88%
• 10Y*: 15.78%
• ALL TIME*: 12.21%

GXPT

• 1D: -0.44%
• 1M: -0.06%
• 6M: 18.54%
• YTD: 15.96%
• 1Y: 29.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.57%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GXPT Global X PureCap MSCI Information Technology ETF	$16.90M	$9.61M	$5.72M
NXTG First Trust IndXX NextG ETF	$1.58M	$1.75M	$2.16M

NXTG vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
NXTG First Trust IndXX NextG ETF	35.27%	11.34%
GXPT Global X PureCap MSCI Information Technology ETF	15.96%	11.47%

Correlation

The correlation between NXTG and GXPT is 0.80, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.80
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.79

The correlation between NXTG and GXPT has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

Return for Risk

NXTG vs. GXPT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NXTG

NXTG Risk / Return Rank: 87
NXTG Sharpe Ratio Rank: 92
NXTG Sortino Ratio Rank: 88
NXTG Omega Ratio Rank: 89
NXTG Calmar Ratio Rank: 87
NXTG Martin Ratio Rank: 82

GXPT

GXPT Risk / Return Rank: 42
GXPT Sharpe Ratio Rank: 45
GXPT Sortino Ratio Rank: 44
GXPT Omega Ratio Rank: 42
GXPT Calmar Ratio Rank: 40
GXPT Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NXTG vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) 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.

	NXTG	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.37	1.13	+1.24
Sortino ratio: Return per unit of downside risk	3.02	1.64	+1.38
Omega ratio: Gain probability vs. loss probability	1.41	1.20	+0.21
Calmar ratio: Return relative to maximum drawdown	3.44	1.42	+2.02
Martin ratio: Return relative to average drawdown	10.87	3.74	+7.13

NXTG vs. GXPT - Sharpe Ratio Comparison

The current NXTG Sharpe Ratio is 2.37, which is higher than the GXPT Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of NXTG and GXPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NXTG vs. GXPT - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for NXTG and GXPT.

Drawdown Indicators

	NXTG	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-33.61%	-18.74%	-14.87%
Max Drawdown (1Y) Largest decline over 1 year	-15.41%	-18.74%	+3.33%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.61%	—	—
Current Drawdown Current decline from peak	-13.19%	-9.42%	-3.77%
Average Drawdown Average peak-to-trough decline	-7.93%	-5.45%	-2.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	7.11%	-2.24%

Volatility

NXTG vs. GXPT - Volatility Comparison

The current volatility for First Trust IndXX NextG ETF (NXTG) is 6.84%, while Global X PureCap MSCI Information Technology ETF (GXPT) has a volatility of 7.73%. This indicates that NXTG experiences smaller price fluctuations and is considered to be less risky than GXPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTG	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	7.73%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	19.89%	19.35%	+0.54%
Volatility (1Y) Calculated over the trailing 1-year period	22.42%	23.54%	-1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.80%	23.29%	-4.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.12%	23.29%	-4.17%

NXTG vs. GXPT - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

NXTG vs. GXPT - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.27%, more than GXPT's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPT Global X PureCap MSCI Information Technology ETF	0.22%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NXTG First Trust IndXX NextG ETF	1.27%	1.56%	1.51%	2.15%	2.04%	1.97%	1.04%	0.77%	1.27%	1.65%	1.23%	1.11%

Frequently Asked Questions

Can I hold both NXTG and GXPT in my portfolio?

NXTG and GXPT have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NXTG or GXPT?

GXPT has higher volatility (7.73%) compared to NXTG (6.84%). In terms of maximum drawdown, NXTG dropped -33.61% vs GXPT's -18.74%.

Which ETF is better, NXTG or GXPT?

On 1-year performance, NXTG leads with 53.55% vs 29.12% for GXPT. On fees, GXPT is cheaper at 0.15% per year. On volatility, NXTG has been the lower-risk option at 6.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NXTG or GXPT?

Over the 1-year period, NXTG has performed better with a 53.55% return vs 29.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NXTG or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.70% for NXTG.

Which ETF pays a higher dividend yield, NXTG or GXPT?

NXTG has the higher dividend yield at 1.27%, compared with 0.22% for GXPT.

What is the main difference between NXTG and GXPT?

NXTG tracks Indxx 5G & NextG Thematic Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.70% for NXTG and 0.15% for GXPT.

Which has better risk-adjusted returns?

NXTG currently has the higher Sharpe Ratio (2.37 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.