WEEI vs. GXPE

Last updated Jun 26, 2026

WEEI (Westwood Salient Enhanced Energy Income ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. WEEI is actively managed, while GXPE is passively managed. Their correlation of 0.95 suggests significant overlap in exposure. WEEI charges 0.85%/yr vs 0.15%/yr for GXPE.

Performance

WEEI vs. GXPE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) and Global X PureCap MSCI Energy ETF (GXPE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEEI achieves a 11.84% return, which is significantly lower than GXPE's 21.32% return.

WEEI

• 1D: 0.71%
• 1M: -5.14%
• YTD: 11.84%
• 6M: 12.63%
• 1Y: 22.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPE

• 1D: 0.89%
• 1M: -6.09%
• YTD: 21.32%
• 6M: 22.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEEI vs. GXPE - Yearly Performance Comparison

	2026 (YTD)	2025
WEEI Westwood Salient Enhanced Energy Income ETF	11.84%	8.14%
GXPE Global X PureCap MSCI Energy ETF	21.32%	4.62%

Correlation

The correlation between WEEI and GXPE is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.95

Return for Risk

WEEI vs. GXPE — Risk / Return Rank

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

WEEI

WEEI Risk / Return Rank: 51
WEEI Sharpe Ratio Rank: 53
WEEI Sortino Ratio Rank: 47
WEEI Omega Ratio Rank: 48
WEEI Calmar Ratio Rank: 56
WEEI Martin Ratio Rank: 53

GXPE

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.

WEEI vs. GXPE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) 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.

	WEEI	GXPE	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.10	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.43	—	—
Martin ratio: Return relative to average drawdown	8.02	—	—

Drawdowns

WEEI vs. GXPE - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, which is greater than GXPE's maximum drawdown of -14.89%. Use the drawdown chart below to compare losses from any high point for WEEI and GXPE.

Drawdown Indicators

	WEEI	GXPE	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-14.89%	-3.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	—	—
Current Drawdown Current decline from peak	-8.49%	-13.88%	+5.39%
Average Drawdown Average peak-to-trough decline	-4.22%	-3.71%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	—	—

Volatility

Volatility by Period

	WEEI	GXPE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.38%	20.71%	-6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.36%	20.71%	-2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.36%	20.71%	-2.35%

WEEI vs. GXPE - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is higher than GXPE's 0.15% expense ratio.

Dividends

WEEI vs. GXPE - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.93%, more than GXPE's 0.99% yield.

Position	TTM	2025	2024
GXPE Global X PureCap MSCI Energy ETF	0.99%	1.20%	0.00%
WEEI Westwood Salient Enhanced Energy Income ETF	11.93%	12.59%	7.20%

Frequently Asked Questions

Can I hold both WEEI and GXPE in my portfolio?

With a correlation of 0.95, WEEI 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.

Which ETF is better, WEEI or GXPE?

On fees, GXPE 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, WEEI or GXPE?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.85% for WEEI.

Which ETF pays a higher dividend yield, WEEI or GXPE?

WEEI has the higher dividend yield at 11.93%, compared with 0.99% for GXPE.

What is the main difference between WEEI and GXPE?

They also come from different issuers: Westwood and Global X. Their fees differ too: 0.85% for WEEI and 0.15% for GXPE.