VCR vs. GXPD

Last updated Jun 3, 2026

VCR (Vanguard Consumer Discretionary ETF) and GXPD (Global X PureCap MSCI Consumer Discretionary ETF) are both Consumer Discretionary Equities funds - VCR tracks the MSCI US Investable Market Consumer Discretionary 25/50 Index while GXPD tracks the MSCI USA Consumer Discretionary PureCap Index. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. VCR charges 0.10%/yr vs 0.15%/yr for GXPD.

Performance

VCR vs. GXPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Consumer Discretionary ETF (VCR) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VCR

• 1D: -0.34%
• 1M: -0.28%
• YTD: 0.01%
• 6M: 0.97%
• 1Y: 11.24%
• 3Y*: 15.28%
• 5Y*: 6.49%
• 10Y*: 13.55%

GXPD

• 1D: -0.94%
• 1M: -1.46%
• YTD: 0.00%
• 6M: 0.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VCR vs. GXPD - Yearly Performance Comparison

	2026 (YTD)	2025
VCR Vanguard Consumer Discretionary ETF	0.01%	4.43%
GXPD Global X PureCap MSCI Consumer Discretionary ETF	-0.00%	5.44%

Correlation

The correlation between VCR and GXPD is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.96

Return for Risk

VCR vs. GXPD — Risk / Return Rank

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

VCR

VCR Risk / Return Rank: 19
VCR Sharpe Ratio Rank: 19
VCR Sortino Ratio Rank: 19
VCR Omega Ratio Rank: 18
VCR Calmar Ratio Rank: 18
VCR Martin Ratio Rank: 19

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.

VCR vs. GXPD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Discretionary ETF (VCR) and Global X PureCap MSCI Consumer Discretionary ETF (GXPD). 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.

	VCR	GXPD	Difference
Sharpe ratio Return per unit of total volatility	0.61	—	—
Sortino ratio Return per unit of downside risk	0.97	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	0.73	—	—
Martin ratio Return relative to average drawdown	2.28	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VCR	GXPD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.32	+0.19

Drawdowns

VCR vs. GXPD - Drawdown Comparison

The maximum VCR drawdown since its inception was -61.54%, which is greater than GXPD's maximum drawdown of -16.61%. Use the drawdown chart below to compare losses from any high point for VCR and GXPD.

Drawdown Indicators

	VCR	GXPD	Difference
Max Drawdown Largest peak-to-trough decline	-61.54%	-16.61%	-44.93%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.20%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.20%	—	—
Current Drawdown Current decline from peak	-4.54%	-4.65%	+0.11%
Average Drawdown Average peak-to-trough decline	-9.40%	-4.26%	-5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.96%	—	—

Volatility

Volatility by Period

	VCR	GXPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	20.03%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.99%	20.03%	+3.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.41%	20.03%	+2.38%

VCR vs. GXPD - Expense Ratio Comparison

VCR has a 0.10% expense ratio, which is lower than GXPD's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VCR vs. GXPD - Dividend Comparison

VCR's dividend yield for the trailing twelve months is around 0.73%, more than GXPD's 0.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPD Global X PureCap MSCI Consumer Discretionary ETF	0.19%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCR Vanguard Consumer Discretionary ETF	0.73%	0.74%	0.74%	0.84%	0.98%	0.79%	1.71%	1.17%	1.37%	1.21%	1.60%	1.32%

Frequently Asked Questions

Can I hold both VCR and GXPD in my portfolio?

With a correlation of 0.96, VCR and GXPD 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, VCR or GXPD?

On fees, VCR is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VCR or GXPD?

VCR is cheaper with a 0.10% expense ratio, compared with 0.15% for GXPD.

Which ETF pays a higher dividend yield, VCR or GXPD?

VCR has the higher dividend yield at 0.73%, compared with 0.19% for GXPD.

What is the main difference between VCR and GXPD?

VCR tracks MSCI US Investable Market Consumer Discretionary 25/50 Index, while GXPD tracks MSCI USA Consumer Discretionary PureCap Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.10% for VCR and 0.15% for GXPD.