VOX vs. GXPC
VOX (Vanguard Communication Services ETF) and GXPC (Global X PureCap MSCI Communication Services ETF) are both Communications Equities funds - VOX tracks the MSCI US Investable Market Communication Services 25/50 Index while GXPC tracks the MSCI USA Communication Services PureCap Index. Both are passively managed. Over the past year, VOX returned 10.81% vs 23.78% for GXPC. Their correlation of 0.91 means they have usually moved in the same direction. VOX charges 0.09%/yr vs 0.15%/yr for GXPC.
Performance
VOX vs. GXPC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VOX achieves a -2.41% return, which is significantly lower than GXPC's 4.24% return.
VOX
- 1D
- 3.45%
- 1M
- 0.11%
- 6M
- -4.92%
- YTD
- -2.41%
- 1Y
- 10.81%
- 3Y*
- 21.07%
- 5Y*
- 6.63%
- 10Y*
- 8.34%
- ALL TIME*
- 8.76%
GXPC
- 1D
- 4.49%
- 1M
- 2.31%
- 6M
- -1.39%
- YTD
- 4.24%
- 1Y
- 23.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 23.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.38M | $10.86M | $5.85M | |
| $68.75M | $60.11M | $55.51M |
VOX vs. GXPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VOX Vanguard Communication Services ETF | -2.41% | 12.79% |
GXPC Global X PureCap MSCI Communication Services ETF | 4.24% | 19.31% |
Correlation
The correlation between VOX and GXPC is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.91 |
The correlation between VOX and GXPC has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VOX vs. GXPC — Risk / Return Rank
VOX
GXPC
VOX vs. GXPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Communication Services ETF (VOX) and Global X PureCap MSCI Communication Services ETF (GXPC). 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.
| VOX | GXPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.20 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.44 | -0.64 |
| Martin ratioReturn relative to average drawdown | 2.43 | 4.17 | -1.74 |
Loading charts...
Drawdowns
VOX vs. GXPC - Drawdown Comparison
The maximum VOX drawdown since its inception was -57.18%, which is greater than GXPC's maximum drawdown of -16.59%. Use the drawdown chart below to compare losses from any high point for VOX and GXPC.
Loading charts...
Drawdown Indicators
| VOX | GXPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.18% | -16.59% | -40.59% |
Max Drawdown (1Y)Largest decline over 1 year | -13.56% | -16.59% | +3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.76% | — | — |
Current DrawdownCurrent decline from peak | -5.69% | -6.74% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -11.87% | -4.04% | -7.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 5.72% | -1.26% |
Volatility
VOX vs. GXPC - Volatility Comparison
The current volatility for Vanguard Communication Services ETF (VOX) is 7.56%, while Global X PureCap MSCI Communication Services ETF (GXPC) has a volatility of 10.55%. This indicates that VOX experiences smaller price fluctuations and is considered to be less risky than GXPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VOX | GXPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 10.55% | -2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.82% | 18.72% | -4.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 22.51% | -5.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.45% | 22.33% | -0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 22.33% | -1.30% |
VOX vs. GXPC - Expense Ratio Comparison
VOX has a 0.09% expense ratio, which is lower than GXPC'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
VOX vs. GXPC - Dividend Comparison
VOX's dividend yield for the trailing twelve months is around 1.04%, more than GXPC's 0.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXPC Global X PureCap MSCI Communication Services ETF | 0.31% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOX Vanguard Communication Services ETF | 1.04% | 0.95% | 1.05% | 1.03% | 0.88% | 0.93% | 0.73% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% |
Frequently Asked Questions
With a correlation of 0.91, VOX and GXPC 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.
GXPC has higher volatility (10.55%) compared to VOX (7.56%). In terms of maximum drawdown, VOX dropped -57.18% vs GXPC's -16.59%.
On 1-year performance, GXPC leads with 23.78% vs 10.81% for VOX. On fees, VOX is cheaper at 0.09% per year. On volatility, VOX has been the lower-risk option at 7.56%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GXPC has performed better with a 23.78% return vs 10.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOX is cheaper with a 0.09% expense ratio, compared with 0.15% for GXPC.
VOX has the higher dividend yield at 1.04%, compared with 0.31% for GXPC.
VOX tracks MSCI US Investable Market Communication Services 25/50 Index, while GXPC tracks MSCI USA Communication Services PureCap Index. They also come from different issuers: Vanguard and Global X. Their fees differ too: 0.09% for VOX and 0.15% for GXPC.
GXPC currently has the higher Sharpe Ratio (1.06 vs 0.63), 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.
Find the right allocation for VOX and GXPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer