XITK vs. GXPT
XITK (SPDR FactSet Innovative Technology ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - XITK tracks the FactSet Innovative Technology Index while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.68 correlation means they provide meaningful diversification when combined. XITK charges 0.45%/yr vs 0.15%/yr for GXPT.
Performance
XITK vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, XITK achieves a 1.90% return, which is significantly lower than GXPT's 15.58% return.
XITK
- 1D
- -1.25%
- 1M
- -8.08%
- YTD
- 1.90%
- 6M
- 0.34%
- 1Y
- -0.80%
- 3Y*
- 13.32%
- 5Y*
- -4.43%
- 10Y*
- 13.96%
GXPT
- 1D
- -0.38%
- 1M
- -3.58%
- YTD
- 15.58%
- 6M
- 14.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XITK vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XITK SPDR FactSet Innovative Technology ETF | 1.90% | -5.00% |
GXPT Global X PureCap MSCI Information Technology ETF | 15.58% | 11.47% |
Correlation
The correlation between XITK and GXPT is 0.68, 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 | 0.68 |
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Return for Risk
XITK vs. GXPT — Risk / Return Rank
XITK
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XITK vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) 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.
| XITK | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.02 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | — | — |
| Martin ratioReturn relative to average drawdown | -0.07 | — | — |
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Drawdowns
XITK vs. GXPT - Drawdown Comparison
The maximum XITK drawdown since its inception was -65.56%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for XITK and GXPT.
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Drawdown Indicators
| XITK | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.56% | -18.74% | -46.82% |
Max Drawdown (1Y)Largest decline over 1 year | -28.03% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -28.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.53% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.56% | — | — |
Current DrawdownCurrent decline from peak | -30.52% | -9.72% | -20.80% |
Average DrawdownAverage peak-to-trough decline | -22.10% | -5.08% | -17.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.17% | — | — |
Volatility
XITK vs. GXPT - Volatility Comparison
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Volatility by Period
| XITK | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.20% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 23.82% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.92% | 22.84% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.88% | 22.84% | +10.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.71% | 22.84% | +6.87% |
XITK vs. GXPT - Expense Ratio Comparison
XITK has a 0.45% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
XITK vs. GXPT - Dividend Comparison
XITK has not paid dividends to shareholders, while GXPT's dividend yield for the trailing twelve months is around 0.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XITK SPDR FactSet Innovative Technology ETF | 0.00% | 0.00% | 0.00% | 0.08% | 0.11% | 0.00% | 0.06% | 0.14% | 1.50% | 1.74% | 1.88% |
Frequently Asked Questions
XITK and GXPT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.45% for XITK.
GXPT has the higher dividend yield at 0.12%, compared with 0.00% for XITK.
XITK tracks FactSet Innovative Technology Index, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.45% for XITK and 0.15% for GXPT.
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