VGT vs. GXPT

Last updated Aug 5, 2026

VGT (Vanguard Information Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - VGT tracks the MSCI USA IMI Information Technology 25/50 Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. Over the past year, VGT returned 39.97% vs 33.58% for GXPT. Their 0.98 correlation means they have historically moved very closely together. VGT charges 0.09%/yr vs 0.15%/yr for GXPT.

Performance

VGT vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Information Technology ETF (VGT) 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, VGT achieves a 27.80% return, which is significantly higher than GXPT's 22.42% return.

VGT

• 1D: 4.35%
• 1M: 4.81%
• 6M: 30.81%
• YTD: 27.80%
• 1Y: 39.97%
• 3Y*: 30.95%
• 5Y*: 18.95%
• 10Y*: 24.54%
• ALL TIME*: 15.14%

GXPT

• 1D: 4.10%
• 1M: 5.51%
• 6M: 27.31%
• YTD: 22.42%
• 1Y: 33.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.15%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GXPT Global X PureCap MSCI Information Technology ETF	$16.87M	$9.09M	$5.79M
VGT Vanguard Information Technology ETF	$485.01M	$516.15M	$578.25M

VGT vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
VGT Vanguard Information Technology ETF	27.80%	11.12%
GXPT Global X PureCap MSCI Information Technology ETF	22.42%	11.47%

Correlation

The correlation between VGT and GXPT is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.98

The correlation between VGT and GXPT has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

VGT vs. GXPT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 62
VGT Sortino Ratio Rank: 57
VGT Omega Ratio Rank: 56
VGT Calmar Ratio Rank: 63
VGT Martin Ratio Rank: 51

GXPT

GXPT Risk / Return Rank: 46
GXPT Sharpe Ratio Rank: 50
GXPT Sortino Ratio Rank: 49
GXPT Omega Ratio Rank: 46
GXPT Calmar Ratio Rank: 45
GXPT Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VGT vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Information Technology ETF (VGT) 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.

	VGT	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.42	+0.22
Sortino ratio: Return per unit of downside risk	2.22	2.00	+0.22
Omega ratio: Gain probability vs. loss probability	1.28	1.24	+0.03
Calmar ratio: Return relative to maximum drawdown	2.45	1.80	+0.65
Martin ratio: Return relative to average drawdown	6.57	4.72	+1.85

VGT vs. GXPT - Sharpe Ratio Comparison

The current VGT Sharpe Ratio is 1.64, which is comparable to the GXPT Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of VGT and GXPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VGT vs. GXPT - Drawdown Comparison

The maximum VGT drawdown since its inception was -54.63%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for VGT and GXPT.

Drawdown Indicators

	VGT	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-18.74%	-35.89%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-18.74%	+2.34%
Max Drawdown (3Y) Largest decline over 3 years	-27.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.07%	—	—
Current Drawdown Current decline from peak	-4.35%	-4.37%	+0.02%
Average Drawdown Average peak-to-trough decline	-7.95%	-5.45%	-2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.10%	7.13%	-1.03%

Volatility

VGT vs. GXPT - Volatility Comparison

Vanguard Information Technology ETF (VGT) has a higher volatility of 9.26% compared to Global X PureCap MSCI Information Technology ETF (GXPT) at 8.65%. This indicates that VGT's price experiences larger fluctuations and is considered to be riskier than GXPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VGT	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.26%	8.65%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	20.52%	19.70%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	24.56%	23.81%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.92%	23.57%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.93%	23.57%	+1.36%

VGT vs. GXPT - Expense Ratio Comparison

VGT has a 0.09% expense ratio, which is lower than GXPT'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

VGT vs. GXPT - Dividend Comparison

VGT's dividend yield for the trailing twelve months is around 0.36%, more than GXPT's 0.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXPT Global X PureCap MSCI Information Technology ETF	0.21%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.36%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both VGT and GXPT in my portfolio?

With a correlation of 0.98, VGT 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.

Which is riskier, VGT or GXPT?

VGT has higher volatility (9.26%) compared to GXPT (8.65%). In terms of maximum drawdown, VGT dropped -54.63% vs GXPT's -18.74%.

Which ETF is better, VGT or GXPT?

On 1-year performance, VGT leads with 39.97% vs 33.58% for GXPT. On fees, VGT is cheaper at 0.09% per year. On volatility, GXPT has been the lower-risk option at 8.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VGT or GXPT?

Over the 1-year period, VGT has performed better with a 39.97% return vs 33.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VGT or GXPT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.15% for GXPT.

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

VGT has the higher dividend yield at 0.36%, compared with 0.21% for GXPT.

What is the main difference between VGT and GXPT?

VGT tracks MSCI USA IMI Information Technology 25/50 Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.09% for VGT and 0.15% for GXPT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (1.64 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.