TSES vs. GXPE

Last updated Jul 4, 2026

TSES (Truth Social American Energy Security ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds - TSES tracks the Truth Social - Yorkville American Energy Security Index while GXPE tracks the MSCI USA Energy PureCap Index. Both are passively managed. A 0.61 correlation means they provide meaningful diversification when combined. TSES charges 0.65%/yr vs 0.15%/yr for GXPE.

Performance

TSES vs. GXPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Energy Security ETF (TSES) and Global X PureCap MSCI Energy ETF (GXPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TSES having a 20.75% return and GXPE slightly lower at 19.79%.

TSES

• 1D: 0.00%
• 1M: -3.52%
• 6M: 18.38%
• YTD: 20.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPE

• 1D: 0.90%
• 1M: -8.68%
• 6M: 17.59%
• YTD: 19.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSES vs. GXPE - Yearly Performance Comparison

	2026 (YTD)	2025
TSES Truth Social American Energy Security ETF	20.75%	-0.71%
GXPE Global X PureCap MSCI Energy ETF	19.79%	0.27%

Correlation

The correlation between TSES and GXPE is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	0.61

Return for Risk

TSES vs. GXPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Energy Security ETF (TSES) 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.

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.

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

Drawdowns

TSES vs. GXPE - Drawdown Comparison

The maximum TSES drawdown since its inception was -6.25%, smaller than the maximum GXPE drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for TSES and GXPE.

Drawdown Indicators

	TSES	GXPE	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-15.73%	+9.48%
Current Drawdown Current decline from peak	-6.25%	-14.97%	+8.72%
Average Drawdown Average peak-to-trough decline	-1.73%	-3.94%	+2.21%

Volatility

Volatility by Period

	TSES	GXPE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.79%	20.55%	-4.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.79%	20.55%	-4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	20.55%	-4.76%

TSES vs. GXPE - Expense Ratio Comparison

TSES has a 0.65% expense ratio, which is higher than GXPE's 0.15% expense ratio.

Dividends

TSES vs. GXPE - Dividend Comparison

TSES's dividend yield for the trailing twelve months is around 0.87%, less than GXPE's 2.33% yield.

Position	TTM	2025
GXPE Global X PureCap MSCI Energy ETF	2.33%	1.20%
TSES Truth Social American Energy Security ETF	0.87%	0.00%

Frequently Asked Questions

Can I hold both TSES and GXPE in my portfolio?

TSES and GXPE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSES or GXPE?

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.

Which ETF is cheaper, TSES or GXPE?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.65% for TSES.

Which ETF pays a higher dividend yield, TSES or GXPE?

GXPE has the higher dividend yield at 2.33%, compared with 0.87% for TSES.

What is the main difference between TSES and GXPE?

TSES tracks Truth Social - Yorkville American Energy Security Index, while GXPE tracks MSCI USA Energy PureCap Index. They also come from different issuers: Truth Social Funds and Global X. Their fees differ too: 0.65% for TSES and 0.15% for GXPE.