VPN vs. DTCR

Last updated Jun 23, 2026

VPN (Global X Data Center REITs & Digital Infrastructure ETF) and DTCR (Global X Data Center & Digital Infrastructure ETF) are both exchange-traded funds - VPN is a Technology Equities fund tracking the Solactive Data Center REITs & Digital Infrastructure Index, while DTCR is a REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index. Both are passively managed. Over the past 5 years, VPN returned 15.43%/yr vs 15.43%/yr for DTCR. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.50% expense ratio.

Performance

VPN vs. DTCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center REITs & Digital Infrastructure ETF (VPN) and Global X Data Center & Digital Infrastructure ETF (DTCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with VPN at 53.84% and DTCR at 53.84%.

VPN

• 1D: 1.69%
• 1M: 6.53%
• YTD: 53.84%
• 6M: 55.86%
• 1Y: 81.04%
• 3Y*: 36.86%
• 5Y*: 15.43%
• 10Y*: —

DTCR

• 1D: 1.69%
• 1M: 6.53%
• YTD: 53.84%
• 6M: 55.86%
• 1Y: 81.04%
• 3Y*: 36.86%
• 5Y*: 15.43%
• 10Y*: —

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

VPN vs. DTCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VPN Global X Data Center REITs & Digital Infrastructure ETF	53.84%	28.99%	14.92%	18.93%	-30.89%	20.35%	6.60%
DTCR Global X Data Center & Digital Infrastructure ETF	53.84%	28.99%	14.92%	18.93%	-30.89%	20.35%	6.60%

Correlation

The correlation between VPN and DTCR is 1.00 - 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 (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	1.00

The correlation between VPN and DTCR has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

VPN vs. DTCR — Risk / Return Rank

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

VPN

VPN Risk / Return Rank: 92
VPN Sharpe Ratio Rank: 95
VPN Sortino Ratio Rank: 92
VPN Omega Ratio Rank: 90
VPN Calmar Ratio Rank: 93
VPN Martin Ratio Rank: 90

DTCR

DTCR Risk / Return Rank: 92
DTCR Sharpe Ratio Rank: 95
DTCR Sortino Ratio Rank: 92
DTCR Omega Ratio Rank: 90
DTCR Calmar Ratio Rank: 93
DTCR Martin Ratio Rank: 90

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.

VPN vs. DTCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center REITs & Digital Infrastructure ETF (VPN) and Global X Data Center & Digital Infrastructure ETF (DTCR). 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.

	VPN	DTCR	Difference
Sharpe ratio: Return per unit of total volatility	3.54	3.54	0.00
Sortino ratio: Return per unit of downside risk	4.19	4.19	0.00
Omega ratio: Gain probability vs. loss probability	1.55	1.55	0.00
Calmar ratio: Return relative to maximum drawdown	6.32	6.32	0.00
Martin ratio: Return relative to average drawdown	19.47	19.47	0.00

VPN vs. DTCR - Sharpe Ratio Comparison

The current VPN Sharpe Ratio is 3.54, which is comparable to the DTCR Sharpe Ratio of 3.54. The chart below compares the historical Sharpe Ratios of VPN and DTCR, 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

VPN vs. DTCR - Drawdown Comparison

The maximum VPN drawdown since its inception was -38.98%, roughly equal to the maximum DTCR drawdown of -38.98%. Use the drawdown chart below to compare losses from any high point for VPN and DTCR.

Drawdown Indicators

	VPN	DTCR	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-38.98%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-12.89%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-24.96%	-24.96%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-38.98%	-38.98%	0.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.28%	-12.28%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.18%	4.18%	0.00%

Volatility

VPN vs. DTCR - Volatility Comparison

Global X Data Center REITs & Digital Infrastructure ETF (VPN) and Global X Data Center & Digital Infrastructure ETF (DTCR) have volatilities of 9.19% and 9.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPN	DTCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.19%	9.19%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	18.21%	18.21%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	23.08%	23.08%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.11%	22.11%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.07%	22.07%	0.00%

VPN vs. DTCR - Expense Ratio Comparison

Both VPN and DTCR have an expense ratio of 0.50%.

Dividends

VPN vs. DTCR - Dividend Comparison

VPN's dividend yield for the trailing twelve months is around 0.71%, which matches DTCR's 0.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DTCR Global X Data Center & Digital Infrastructure ETF	0.71%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%
VPN Global X Data Center REITs & Digital Infrastructure ETF	0.71%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%

Frequently Asked Questions

Can I hold both VPN and DTCR in my portfolio?

With a correlation of 1.00, VPN and DTCR 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, VPN or DTCR?

DTCR has higher volatility (9.19%) compared to VPN (9.19%). In terms of maximum drawdown, VPN dropped -38.98% vs DTCR's -38.98%.

Which ETF is better, VPN or DTCR?

On 5-year performance, DTCR leads with 15.43% vs 15.43% for VPN. Both ETFs have the same 0.50% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VPN or DTCR?

Over the 5-year period, DTCR has performed better with a 15.43% return vs 15.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VPN or DTCR?

VPN and DTCR have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, VPN or DTCR?

VPN and DTCR have nearly identical dividend yields, around 0.71%.

What is the main difference between VPN and DTCR?

VPN is categorized as Technology Equities, while DTCR is REIT. Both ETFs track Solactive Data Center REITs & Digital Infrastructure Index.

Which has better risk-adjusted returns?

DTCR currently has the higher Sharpe Ratio (3.54 vs 3.54), 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.