PSL vs. GXPS
PSL (Invesco DWA Consumer Staples Momentum ETF) and GXPS (Global X PureCap MSCI Consumer Staples ETF) are both exchange-traded funds - PSL is a Momentum fund tracking the DWA Consumer Staples Technical Leaders Index, while GXPS is a Consumer Staples Equities fund tracking the MSCI USA Consumer Staples Index. Both are passively managed. Over the past year, PSL returned 6.53% vs 9.65% for GXPS. Their 0.74 correlation means they have sometimes moved together and sometimes differently. PSL charges 0.60%/yr vs 0.25%/yr for GXPS.
Performance
PSL vs. GXPS - Performance Comparison
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Returns By Period
In the year-to-date period, PSL achieves a 14.41% return, which is significantly higher than GXPS's 10.23% return.
PSL
- 1D
- -0.05%
- 1M
- -0.23%
- 6M
- 4.39%
- YTD
- 14.41%
- 1Y
- 6.53%
- 3Y*
- 10.58%
- 5Y*
- 6.05%
- 10Y*
- 8.05%
- ALL TIME*
- 9.36%
GXPS
- 1D
- -0.26%
- 1M
- -0.22%
- 6M
- 0.60%
- YTD
- 10.23%
- 1Y
- 9.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $477.47K | $522.19K | $752.04K | |
| $139.56K | $200.24K | $192.10K |
PSL vs. GXPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PSL Invesco DWA Consumer Staples Momentum ETF | 14.41% | -7.76% |
GXPS Global X PureCap MSCI Consumer Staples ETF | 10.23% | -1.72% |
Correlation
The correlation between PSL and GXPS is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.74 |
The correlation between PSL and GXPS has been stable across timeframes, ranging from 0.74 to 0.74 - a consistent structural relationship.
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Return for Risk
PSL vs. GXPS — Risk / Return Rank
PSL
GXPS
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.
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.
| PSL | GXPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.12 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 1.05 | -0.57 |
| Martin ratioReturn relative to average drawdown | 1.05 | 2.00 | -0.95 |
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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.
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Drawdown Indicators
| PSL | GXPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.58% | -9.20% | -32.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.64% | -9.20% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -13.64% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.67% | — | — |
Current DrawdownCurrent decline from peak | -1.85% | -5.32% | +3.47% |
Average DrawdownAverage peak-to-trough decline | -5.79% | -4.13% | -1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.22% | 4.83% | +1.39% |
Volatility
PSL vs. GXPS - Volatility Comparison
The current volatility for Invesco DWA Consumer Staples Momentum ETF (PSL) is 4.62%, while Global X PureCap MSCI Consumer Staples ETF (GXPS) has a volatility of 5.71%. This indicates that PSL experiences smaller price fluctuations and is considered to be less risky than GXPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSL | GXPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 5.71% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 12.48% | -2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.66% | 15.03% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.16% | 14.91% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.54% | 14.91% | +1.63% |
PSL vs. GXPS - Expense Ratio Comparison
PSL has a 0.60% expense ratio, which is higher than GXPS's 0.25% expense ratio.
Dividends
PSL vs. GXPS - Dividend Comparison
PSL's dividend yield for the trailing twelve months is around 0.73%, less than GXPS's 1.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPS Global X PureCap MSCI Consumer Staples ETF | 1.26% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSL Invesco DWA Consumer Staples Momentum ETF | 0.73% | 0.93% | 0.60% | 1.37% | 1.98% | 1.24% | 0.80% | 0.47% | 0.75% | 0.34% | 2.08% | 1.18% |
Frequently Asked Questions
PSL and GXPS have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GXPS has higher volatility (5.71%) compared to PSL (4.62%). In terms of maximum drawdown, PSL dropped -41.58% vs GXPS's -9.20%.
On 1-year performance, GXPS leads with 9.65% vs 6.53% for PSL. On fees, GXPS is cheaper at 0.25% per year. On volatility, PSL has been the lower-risk option at 4.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GXPS has performed better with a 9.65% return vs 6.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GXPS is cheaper with a 0.25% expense ratio, compared with 0.60% for PSL.
GXPS has the higher dividend yield at 1.26%, compared with 0.73% for PSL.
PSL is categorized as Momentum, while GXPS is Consumer Staples Equities. PSL tracks DWA Consumer Staples Technical Leaders Index, while GXPS tracks MSCI USA Consumer Staples Index. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.60% for PSL and 0.25% for GXPS.
GXPS currently has the higher Sharpe Ratio (0.65 vs 0.48), 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.
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