RACK vs. GXPT

Last updated Jun 25, 2026

RACK (VanEck Data Center Supply Chain ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - RACK tracks the MarketVector Data Center Supply Chain Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. RACK charges 0.50%/yr vs 0.15%/yr for GXPT.

Performance

RACK vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Data Center Supply Chain ETF (RACK) and Global X PureCap MSCI Information Technology ETF (GXPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RACK

• 1D: -0.75%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPT

• 1D: -0.72%
• 1M: -1.67%
• YTD: 16.02%
• 6M: 14.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RACK vs. GXPT - Yearly Performance Comparison

	2026 (YTD)
RACK VanEck Data Center Supply Chain ETF	-2.60%
GXPT Global X PureCap MSCI Information Technology ETF	-8.28%

Correlation

The correlation between RACK and GXPT is 0.94, 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 Jun 2, 2026	0.94

Return for Risk

RACK vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Data Center Supply Chain ETF (RACK) 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.

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

Drawdowns

RACK vs. GXPT - Drawdown Comparison

The maximum RACK drawdown since its inception was -12.62%, smaller than the maximum GXPT drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for RACK and GXPT.

Drawdown Indicators

	RACK	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-12.62%	-18.74%	+6.12%
Current Drawdown Current decline from peak	-6.03%	-9.37%	+3.34%
Average Drawdown Average peak-to-trough decline	-4.54%	-5.06%	+0.52%

Volatility

Volatility by Period

	RACK	GXPT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	56.99%	22.88%	+34.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.99%	22.88%	+34.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.99%	22.88%	+34.11%

RACK vs. GXPT - Expense Ratio Comparison

RACK has a 0.50% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

RACK vs. GXPT - Dividend Comparison

RACK has not paid dividends to shareholders, while GXPT's dividend yield for the trailing twelve months is around 0.12%.

Position	TTM	2025
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both RACK and GXPT in my portfolio?

With a correlation of 0.94, RACK and GXPT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, RACK or GXPT?

On fees, GXPT 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, RACK or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.50% for RACK.

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

GXPT has the higher dividend yield at 0.12%, compared with 0.00% for RACK.

What is the main difference between RACK and GXPT?

RACK tracks MarketVector Data Center Supply Chain Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: VanEck and Global X. Their fees differ too: 0.50% for RACK and 0.15% for GXPT.