TEC vs. GXPT

Last updated Jun 24, 2026

TEC (Harbor Transformative Technologies ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. TEC is actively managed, while GXPT is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. TEC charges 0.69%/yr vs 0.15%/yr for GXPT.

Performance

TEC vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Transformative Technologies ETF (TEC) 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, TEC achieves a 13.69% return, which is significantly lower than GXPT's 16.86% return.

TEC

• 1D: -2.94%
• 1M: -0.28%
• YTD: 13.69%
• 6M: 12.37%
• 1Y: 33.60%
• 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)

TEC vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
TEC Harbor Transformative Technologies ETF	13.69%	11.95%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%

Correlation

The correlation between TEC and GXPT is 0.92, 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	0.92

Return for Risk

TEC vs. GXPT — Risk / Return Rank

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

TEC

TEC Risk / Return Rank: 44
TEC Sharpe Ratio Rank: 49
TEC Sortino Ratio Rank: 45
TEC Omega Ratio Rank: 45
TEC Calmar Ratio Rank: 42
TEC Martin Ratio Rank: 40

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.

TEC vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) 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.

	TEC	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.93	—	—
Martin ratio: Return relative to average drawdown	5.84	—	—

Drawdowns

TEC vs. GXPT - Drawdown Comparison

The maximum TEC drawdown since its inception was -17.50%, smaller than the maximum GXPT drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for TEC and GXPT.

Drawdown Indicators

	TEC	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-18.74%	+1.24%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	—	—
Current Drawdown Current decline from peak	-6.74%	-8.72%	+1.98%
Average Drawdown Average peak-to-trough decline	-3.54%	-5.04%	+1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.77%	—	—

Volatility

Volatility by Period

	TEC	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.68%	22.91%	-1.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.97%	22.91%	-0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.97%	22.91%	-0.94%

TEC vs. GXPT - Expense Ratio Comparison

TEC has a 0.69% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

TEC vs. GXPT - Dividend Comparison

TEC 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%
TEC Harbor Transformative Technologies ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEC and GXPT in my portfolio?

With a correlation of 0.92, TEC 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, TEC 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, TEC or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.69% for TEC.

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

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

What is the main difference between TEC and GXPT?

They also come from different issuers: Harbor and Global X. Their fees differ too: 0.69% for TEC and 0.15% for GXPT.