VERS vs. GXPT

Last updated Jul 14, 2026

VERS (ProShares Metaverse ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - VERS tracks the Solactive Metaverse Theme Index - Benchmark TR Net while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. VERS charges 0.58%/yr vs 0.15%/yr for GXPT.

Performance

VERS vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Metaverse ETF (VERS) 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, VERS achieves a 16.15% return, which is significantly lower than GXPT's 17.49% return.

VERS

• 1D: -2.99%
• 1M: -6.48%
• 6M: 11.82%
• YTD: 16.15%
• 1Y: 33.57%
• 3Y*: 20.69%
• 5Y*: —
• 10Y*: —

GXPT

• 1D: -1.89%
• 1M: -0.02%
• 6M: 17.10%
• YTD: 17.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VERS vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
VERS ProShares Metaverse ETF	16.15%	9.81%
GXPT Global X PureCap MSCI Information Technology ETF	17.49%	11.47%

Correlation

The correlation between VERS and GXPT is 0.79, 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 Jul 23, 2025	0.79

Return for Risk

VERS vs. GXPT — Risk / Return Rank

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

VERS

VERS Risk / Return Rank: 36
VERS Sharpe Ratio Rank: 39
VERS Sortino Ratio Rank: 37
VERS Omega Ratio Rank: 37
VERS Calmar Ratio Rank: 36
VERS Martin Ratio Rank: 32

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.

VERS vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Metaverse ETF (VERS) 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.

	VERS	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	1.13	—	—
Sortino ratio: Return per unit of downside risk	1.61	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.46	—	—
Martin ratio: Return relative to average drawdown	3.83	—	—

Drawdowns

VERS vs. GXPT - Drawdown Comparison

The maximum VERS drawdown since its inception was -42.13%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for VERS and GXPT.

Drawdown Indicators

	VERS	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-42.13%	-18.74%	-23.39%
Max Drawdown (1Y) Largest decline over 1 year	-23.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.34%	—	—
Current Drawdown Current decline from peak	-15.78%	-8.22%	-7.56%
Average Drawdown Average peak-to-trough decline	-14.96%	-5.23%	-9.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.79%	—	—

Volatility

Volatility by Period

	VERS	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.89%	22.98%	+6.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.71%	22.98%	+8.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.71%	22.98%	+8.73%

VERS vs. GXPT - Expense Ratio Comparison

VERS has a 0.58% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

VERS vs. GXPT - Dividend Comparison

VERS's dividend yield for the trailing twelve months is around 0.13%, less than GXPT's 0.22% yield.

Position	TTM	2025	2024	2023	2022
GXPT Global X PureCap MSCI Information Technology ETF	0.22%	0.14%	0.00%	0.00%	0.00%
VERS ProShares Metaverse ETF	0.13%	0.52%	0.58%	0.63%	0.44%

Frequently Asked Questions

Can I hold both VERS and GXPT in my portfolio?

VERS and GXPT have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VERS 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, VERS or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.58% for VERS.

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

GXPT has the higher dividend yield at 0.22%, compared with 0.13% for VERS.

What is the main difference between VERS and GXPT?

VERS tracks Solactive Metaverse Theme Index - Benchmark TR Net, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: ProShares and Global X. Their fees differ too: 0.58% for VERS and 0.15% for GXPT.