TTEQ vs. GXPT
TTEQ (T. Rowe Price Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. TTEQ is actively managed, while GXPT is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. TTEQ charges 0.63%/yr vs 0.15%/yr for GXPT.
Performance
TTEQ vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, TTEQ achieves a 32.04% return, which is significantly higher than GXPT's 15.58% return.
TTEQ
- 1D
- 1.04%
- 1M
- -0.76%
- YTD
- 32.04%
- 6M
- 30.91%
- 1Y
- 51.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXPT
- 1D
- -0.38%
- 1M
- -3.58%
- YTD
- 15.58%
- 6M
- 14.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TTEQ vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TTEQ T. Rowe Price Technology ETF | 32.04% | 9.51% |
GXPT Global X PureCap MSCI Information Technology ETF | 15.58% | 11.47% |
Correlation
The correlation between TTEQ 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 |
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Return for Risk
TTEQ vs. GXPT — Risk / Return Rank
TTEQ
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TTEQ vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) 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.
| TTEQ | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.34 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | — | — |
| Martin ratioReturn relative to average drawdown | 9.20 | — | — |
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Drawdowns
TTEQ vs. GXPT - Drawdown Comparison
The maximum TTEQ drawdown since its inception was -26.97%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for TTEQ and GXPT.
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Drawdown Indicators
| TTEQ | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.97% | -18.74% | -8.23% |
Max Drawdown (1Y)Largest decline over 1 year | -17.31% | — | — |
Current DrawdownCurrent decline from peak | -5.40% | -9.72% | +4.32% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -5.08% | +0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.57% | — | — |
Volatility
TTEQ vs. GXPT - Volatility Comparison
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Volatility by Period
| TTEQ | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.30% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 22.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.15% | 22.84% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.61% | 22.84% | +5.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.61% | 22.84% | +5.77% |
TTEQ vs. GXPT - Expense Ratio Comparison
TTEQ has a 0.63% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
TTEQ vs. GXPT - Dividend Comparison
TTEQ 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% |
TTEQ T. Rowe Price Technology ETF | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, TTEQ 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.
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 0.63% for TTEQ.
GXPT has the higher dividend yield at 0.12%, compared with 0.00% for TTEQ.
They also come from different issuers: T. Rowe Price and Global X. Their fees differ too: 0.63% for TTEQ and 0.15% for GXPT.
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