PSL vs. GXPS

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco DWA Consumer Staples Momentum ETF (PSL) and Global X PureCap MSCI Consumer Staples ETF (GXPS).

PSL and GXPS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSL is a passively managed fund by Invesco that tracks the performance of the DWA Consumer Staples Technical Leaders Index. It was launched on Oct 12, 2006. GXPS is a passively managed fund by Global X that tracks the performance of the MSCI USA Consumer Staples Index. It was launched on Jul 22, 2025. Both PSL and GXPS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

PSL vs. GXPS - Performance Comparison

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

PSL vs. GXPS - Yearly Performance Comparison

	2026 (YTD)	2025
PSL Invesco DWA Consumer Staples Momentum ETF	8.30%	-8.41%
GXPS Global X PureCap MSCI Consumer Staples ETF	7.90%	-1.72%

Returns By Period

The year-to-date returns for both stocks are quite close, with PSL having a 8.30% return and GXPS slightly lower at 7.90%.

PSL

• 1D: 0.85%
• 1M: -7.09%
• YTD: 8.30%
• 6M: -0.82%
• 1Y: 1.04%
• 3Y*: 9.05%
• 5Y*: 4.34%
• 10Y*: 7.76%

GXPS

• 1D: 0.02%
• 1M: -7.32%
• YTD: 7.90%
• 6M: 7.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSL vs. GXPS - Expense Ratio Comparison

PSL has a 0.60% expense ratio, which is higher than GXPS's 0.25% expense ratio.

PSL

Invesco DWA Consumer Staples Momentum ETF

GXPS

Global X PureCap MSCI Consumer Staples ETF

Return for Risk

PSL vs. GXPS — Risk / Return Rank

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

PSL

PSL Risk / Return Rank: 14
PSL Sharpe Ratio Rank: 14
PSL Sortino Ratio Rank: 13
PSL Omega Ratio Rank: 13
PSL Calmar Ratio Rank: 15
PSL Martin Ratio Rank: 15

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.

PSL vs. GXPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Consumer Staples Momentum ETF (PSL) 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.

	PSL	GXPS	Difference
Sharpe ratio Return per unit of total volatility	0.07	—	—
Sortino ratio Return per unit of downside risk	0.20	—	—
Omega ratio Gain probability vs. loss probability	1.03	—	—
Calmar ratio Return relative to maximum drawdown	0.16	—	—
Martin ratio Return relative to average drawdown	0.38	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSL	GXPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.67	-0.12

Correlation

The correlation between PSL and GXPS is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PSL vs. GXPS - Dividend Comparison

PSL's dividend yield for the trailing twelve months is around 0.85%, more than GXPS's 0.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSL Invesco DWA Consumer Staples Momentum ETF	0.85%	0.93%	0.60%	1.37%	1.98%	1.24%	0.80%	0.47%	0.75%	0.34%	2.08%	1.18%
GXPS Global X PureCap MSCI Consumer Staples ETF	0.55%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PSL vs. GXPS - Drawdown Comparison

The maximum PSL drawdown since its inception was -41.58%, which is greater than GXPS's maximum drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for PSL and GXPS.

Drawdown Indicators

	PSL	GXPS	Difference
Max Drawdown Largest peak-to-trough decline	-41.58%	-9.20%	-32.38%
Max Drawdown (1Y) Largest decline over 1 year	-13.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.67%	—	—
Current Drawdown Current decline from peak	-7.09%	-7.32%	+0.23%
Average Drawdown Average peak-to-trough decline	-5.82%	-3.40%	-2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	—	—

Volatility

Volatility by Period

	PSL	GXPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.67%	13.37%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.24%	13.37%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	13.37%	+3.12%