TECB vs. GXPT
TECB (iShares U.S. Tech Breakthrough Multisector ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - TECB tracks the NYSE FactSet U.S. Tech Breakthrough Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. TECB charges 0.40%/yr vs 0.15%/yr for GXPT.
Performance
TECB vs. GXPT - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with TECB having a 17.53% return and GXPT slightly lower at 17.49%.
TECB
- 1D
- -0.92%
- 1M
- 2.13%
- 6M
- 15.57%
- YTD
- 17.53%
- 1Y
- 25.43%
- 3Y*
- 22.95%
- 5Y*
- 12.42%
- 10Y*
- —
GXPT
- 1D
- -1.89%
- 1M
- -0.02%
- 6M
- 17.10%
- YTD
- 17.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TECB vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TECB iShares U.S. Tech Breakthrough Multisector ETF | 17.53% | 5.12% |
GXPT Global X PureCap MSCI Information Technology ETF | 17.49% | 11.47% |
Correlation
The correlation between TECB and GXPT is 0.82, 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 | 0.82 |
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Return for Risk
TECB vs. GXPT — Risk / Return Rank
TECB
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TECB vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Tech Breakthrough Multisector ETF (TECB) 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.
| TECB | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | — | — |
| Martin ratioReturn relative to average drawdown | 4.44 | — | — |
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Drawdowns
TECB vs. GXPT - Drawdown Comparison
The maximum TECB drawdown since its inception was -41.62%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for TECB and GXPT.
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Drawdown Indicators
| TECB | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.62% | -18.74% | -22.88% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | — | — |
Current DrawdownCurrent decline from peak | -3.54% | -8.22% | +4.68% |
Average DrawdownAverage peak-to-trough decline | -10.09% | -5.23% | -4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.74% | — | — |
Volatility
TECB vs. GXPT - Volatility Comparison
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Volatility by Period
| TECB | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.99% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 22.98% | -4.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.75% | 22.98% | +0.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.37% | 22.98% | +2.39% |
TECB vs. GXPT - Expense Ratio Comparison
TECB has a 0.40% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
TECB vs. GXPT - Dividend Comparison
TECB's dividend yield for the trailing twelve months is around 0.30%, more than GXPT's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.22% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TECB iShares U.S. Tech Breakthrough Multisector ETF | 0.30% | 0.33% | 0.35% | 0.23% | 0.61% | 0.35% | 0.77% |
Frequently Asked Questions
TECB and GXPT have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.40% for TECB.
TECB has the higher dividend yield at 0.30%, compared with 0.22% for GXPT.
TECB tracks NYSE FactSet U.S. Tech Breakthrough Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.40% for TECB and 0.15% for GXPT.
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