SPTE vs. GXPT

Last updated Jun 24, 2026

SPTE (SP Funds S&P Global Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - SPTE tracks the S&P Global 1200 Shariah Information Technology Capped Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. SPTE charges 0.55%/yr vs 0.15%/yr for GXPT.

Performance

SPTE vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) 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, SPTE achieves a 33.89% return, which is significantly higher than GXPT's 16.86% return.

SPTE

• 1D: -4.87%
• 1M: 2.03%
• YTD: 33.89%
• 6M: 34.44%
• 1Y: 60.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPT

• 1D: -3.44%
• 1M: -0.96%
• YTD: 16.86%
• 6M: 15.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPTE vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
SPTE SP Funds S&P Global Technology ETF	33.89%	12.61%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%

Correlation

The correlation between SPTE and GXPT is 0.89, 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 Jul 23, 2025	0.89

Return for Risk

SPTE vs. GXPT — Risk / Return Rank

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

SPTE

SPTE Risk / Return Rank: 78
SPTE Sharpe Ratio Rank: 81
SPTE Sortino Ratio Rank: 70
SPTE Omega Ratio Rank: 73
SPTE Calmar Ratio Rank: 84
SPTE Martin Ratio Rank: 81

GXPT

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

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.

SPTE vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) 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.

	SPTE	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.47	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	4.44	—	—
Martin ratio: Return relative to average drawdown	15.34	—	—

Drawdowns

SPTE vs. GXPT - Drawdown Comparison

The maximum SPTE drawdown since its inception was -25.55%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for SPTE and GXPT.

Drawdown Indicators

	SPTE	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-25.55%	-18.74%	-6.81%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	—	—
Current Drawdown Current decline from peak	-6.72%	-8.72%	+2.00%
Average Drawdown Average peak-to-trough decline	-4.08%	-5.04%	+0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	—	—

Volatility

Volatility by Period

	SPTE	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.86%	22.91%	+1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.64%	22.91%	+3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.64%	22.91%	+3.73%

SPTE vs. GXPT - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

SPTE vs. GXPT - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.71%, more than GXPT's 0.12% yield.

Position	TTM	2025	2024
GXPT Global X PureCap MSCI Information Technology ETF	0.12%	0.14%	0.00%
SPTE SP Funds S&P Global Technology ETF	0.71%	0.96%	0.48%

Frequently Asked Questions

Can I hold both SPTE and GXPT in my portfolio?

SPTE and GXPT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPTE 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, SPTE or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.55% for SPTE.

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

SPTE has the higher dividend yield at 0.71%, compared with 0.12% for GXPT.

What is the main difference between SPTE and GXPT?

SPTE tracks S&P Global 1200 Shariah Information Technology Capped Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: SP Funds and Global X. Their fees differ too: 0.55% for SPTE and 0.15% for GXPT.