VDE vs. GXPE
VDE (Vanguard Energy ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds - VDE tracks the MSCI US Investable Market Energy 25/50 Index while GXPE tracks the MSCI USA Energy PureCap Index. Both are passively managed. With a 0.98 correlation, they move nearly in lockstep. VDE charges 0.09%/yr vs 0.15%/yr for GXPE.
Performance
VDE vs. GXPE - Performance Comparison
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Returns By Period
In the year-to-date period, VDE achieves a 22.66% return, which is significantly higher than GXPE's 21.32% return.
VDE
- 1D
- 1.10%
- 1M
- -6.20%
- YTD
- 22.66%
- 6M
- 23.59%
- 1Y
- 32.24%
- 3Y*
- 15.22%
- 5Y*
- 18.47%
- 10Y*
- 9.17%
GXPE
- 1D
- 0.89%
- 1M
- -6.09%
- YTD
- 21.32%
- 6M
- 22.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VDE vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VDE Vanguard Energy ETF | 22.66% | 6.69% |
GXPE Global X PureCap MSCI Energy ETF | 21.32% | 4.62% |
Correlation
The correlation between VDE and GXPE is 0.98 - 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 23, 2025 | 0.98 |
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Return for Risk
VDE vs. GXPE — Risk / Return Rank
VDE
GXPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VDE vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Energy ETF (VDE) 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.
| VDE | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | — | — |
| Martin ratioReturn relative to average drawdown | 6.79 | — | — |
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Drawdowns
VDE vs. GXPE - Drawdown Comparison
The maximum VDE drawdown since its inception was -74.20%, which is greater than GXPE's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for VDE and GXPE.
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Drawdown Indicators
| VDE | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.20% | -14.89% | -59.31% |
Max Drawdown (1Y)Largest decline over 1 year | -14.20% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.29% | — | — |
Current DrawdownCurrent decline from peak | -13.22% | -13.88% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -19.94% | -3.71% | -16.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | — | — |
Volatility
VDE vs. GXPE - Volatility Comparison
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Volatility by Period
| VDE | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.74% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.70% | 20.71% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.38% | 20.71% | +5.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.93% | 20.71% | +9.22% |
VDE vs. GXPE - Expense Ratio Comparison
VDE has a 0.09% expense ratio, which is lower than GXPE'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
VDE vs. GXPE - Dividend Comparison
VDE's dividend yield for the trailing twelve months is around 3.25%, more than GXPE's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 0.99% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDE Vanguard Energy ETF | 3.25% | 3.11% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.42% | 3.35% | 2.90% | 2.31% | 3.17% |
Frequently Asked Questions
With a correlation of 0.98, VDE and GXPE 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, VDE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VDE is cheaper with a 0.09% expense ratio, compared with 0.15% for GXPE.
VDE has the higher dividend yield at 3.25%, compared with 0.99% for GXPE.
VDE tracks MSCI US Investable Market Energy 25/50 Index, while GXPE tracks MSCI USA Energy PureCap Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.09% for VDE and 0.15% for GXPE.
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