TEK vs. GXPT

Last updated Jun 23, 2026

TEK (iShares Technology Opportunities Active ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. TEK is actively managed, while GXPT is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. TEK charges 0.75%/yr vs 0.15%/yr for GXPT.

Performance

TEK vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Technology Opportunities Active ETF (TEK) 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, TEK achieves a 44.09% return, which is significantly higher than GXPT's 21.02% return.

TEK

• 1D: 0.05%
• 1M: 9.52%
• YTD: 44.09%
• 6M: 43.89%
• 1Y: 66.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPT

• 1D: -0.12%
• 1M: 2.57%
• YTD: 21.02%
• 6M: 20.73%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEK vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
TEK iShares Technology Opportunities Active ETF	44.09%	7.56%
GXPT Global X PureCap MSCI Information Technology ETF	21.02%	11.47%

Correlation

The correlation between TEK 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

TEK vs. GXPT — Risk / Return Rank

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

TEK

TEK Risk / Return Rank: 68
TEK Sharpe Ratio Rank: 76
TEK Sortino Ratio Rank: 66
TEK Omega Ratio Rank: 68
TEK Calmar Ratio Rank: 71
TEK Martin Ratio Rank: 58

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.

TEK vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Technology Opportunities Active ETF (TEK) 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.

	TEK	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.33	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.46	—	—
Martin ratio: Return relative to average drawdown	9.84	—	—

Drawdowns

TEK vs. GXPT - Drawdown Comparison

The maximum TEK drawdown since its inception was -28.24%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for TEK and GXPT.

Drawdown Indicators

	TEK	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-28.24%	-18.74%	-9.50%
Max Drawdown (1Y) Largest decline over 1 year	-19.29%	—	—
Current Drawdown Current decline from peak	0.00%	-5.47%	+5.47%
Average Drawdown Average peak-to-trough decline	-5.87%	-5.03%	-0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.78%	—	—

Volatility

Volatility by Period

	TEK	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.69%	22.66%	+6.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.47%	22.66%	+7.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.47%	22.66%	+7.81%

TEK vs. GXPT - Expense Ratio Comparison

TEK has a 0.75% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

TEK vs. GXPT - Dividend Comparison

TEK's dividend yield for the trailing twelve months is around 1.10%, more than GXPT's 0.11% yield.

Position	TTM	2025
GXPT Global X PureCap MSCI Information Technology ETF	0.11%	0.14%
TEK iShares Technology Opportunities Active ETF	1.10%	1.62%

Frequently Asked Questions

Can I hold both TEK and GXPT in my portfolio?

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

GXPT is cheaper with a 0.15% expense ratio, compared with 0.75% for TEK.

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

TEK has the higher dividend yield at 1.10%, compared with 0.11% for GXPT.

What is the main difference between TEK and GXPT?

They also come from different issuers: iShares and Global X. Their fees differ too: 0.75% for TEK and 0.15% for GXPT.