SOLR vs. GXPE
SOLR (SmartETFs Sustainable Energy II ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. SOLR is actively managed, while GXPE is passively managed. At a correlation of -0.07, they often move in opposite directions. SOLR charges 0.79%/yr vs 0.15%/yr for GXPE.
Performance
SOLR vs. GXPE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOLR achieves a 19.19% return, which is significantly lower than GXPE's 31.18% return.
SOLR
- 1D
- -0.46%
- 1M
- 7.74%
- YTD
- 19.19%
- 6M
- 18.35%
- 1Y
- 42.02%
- 3Y*
- 6.70%
- 5Y*
- 4.70%
- 10Y*
- —
GXPE
- 1D
- 1.65%
- 1M
- -1.13%
- YTD
- 31.18%
- 6M
- 29.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOLR vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLR SmartETFs Sustainable Energy II ETF | 19.19% | 5.48% |
GXPE Global X PureCap MSCI Energy ETF | 31.18% | 4.62% |
Correlation
The correlation between SOLR and GXPE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025 | -0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOLR vs. GXPE — Risk / Return Rank
SOLR
GXPE
SOLR vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Sustainable Energy II ETF (SOLR) and Global X PureCap MSCI Energy ETF (GXPE). 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.
| SOLR | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | — | — |
| Martin ratioReturn relative to average drawdown | 10.24 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SOLR | GXPE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 2.18 | -1.82 |
Drawdowns
SOLR vs. GXPE - Drawdown Comparison
The maximum SOLR drawdown since its inception was -39.46%, which is greater than GXPE's maximum drawdown of -12.37%. Use the drawdown chart below to compare losses from any high point for SOLR and GXPE.
Loading charts...
Drawdown Indicators
| SOLR | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.46% | -12.37% | -27.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.63% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -34.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.46% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -6.88% | +6.42% |
Average DrawdownAverage peak-to-trough decline | -15.59% | -3.21% | -12.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.11% | — | — |
Volatility
SOLR vs. GXPE - Volatility Comparison
Loading charts...
Volatility by Period
| SOLR | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.61% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 20.42% | -0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.16% | 20.42% | +1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.73% | 20.42% | +2.31% |
SOLR vs. GXPE - Expense Ratio Comparison
SOLR has a 0.79% expense ratio, which is higher than GXPE's 0.15% expense ratio.
Dividends
SOLR vs. GXPE - Dividend Comparison
SOLR's dividend yield for the trailing twelve months is around 0.56%, less than GXPE's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 0.92% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% |
SOLR SmartETFs Sustainable Energy II ETF | 0.56% | 0.67% | 0.93% | 0.42% | 1.29% | 2.62% |
Frequently Asked Questions
SOLR and GXPE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.79% for SOLR.
GXPE has the higher dividend yield at 0.92%, compared with 0.56% for SOLR.
They also come from different issuers: SmartETFs and Global X. Their fees differ too: 0.79% for SOLR and 0.15% for GXPE.
Find the right allocation for SOLR and GXPE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer