XLC vs. GXPC
XLC (Communication Services Select Sector SPDR Fund) and GXPC (Global X PureCap MSCI Communication Services ETF) are both Communications Equities funds - XLC tracks the S&P Communication Services Select Sector Index while GXPC tracks the MSCI USA Communication Services PureCap Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. XLC charges 0.13%/yr vs 0.15%/yr for GXPC.
Performance
XLC vs. GXPC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XLC achieves a -8.97% return, which is significantly lower than GXPC's -1.51% return.
XLC
- 1D
- -0.68%
- 1M
- -7.49%
- YTD
- -8.97%
- 6M
- -9.26%
- 1Y
- 2.52%
- 3Y*
- 19.82%
- 5Y*
- 6.82%
- 10Y*
- —
GXPC
- 1D
- -0.72%
- 1M
- -9.27%
- YTD
- -1.51%
- 6M
- -1.82%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XLC vs. GXPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLC Communication Services Select Sector SPDR Fund | -8.97% | 9.88% |
GXPC Global X PureCap MSCI Communication Services ETF | -1.51% | 19.31% |
Correlation
The correlation between XLC and GXPC is 0.80, 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 | 0.80 |
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
XLC vs. GXPC — Risk / Return Rank
XLC
GXPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XLC vs. GXPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Communication Services Select Sector SPDR Fund (XLC) 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.
| XLC | GXPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.04 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | — | — |
| Martin ratioReturn relative to average drawdown | 0.69 | — | — |
Loading charts...
Drawdowns
XLC vs. GXPC - Drawdown Comparison
The maximum XLC drawdown since its inception was -46.65%, which is greater than GXPC's maximum drawdown of -16.59%. Use the drawdown chart below to compare losses from any high point for XLC and GXPC.
Loading charts...
Drawdown Indicators
| XLC | GXPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.65% | -16.59% | -30.06% |
Max Drawdown (1Y)Largest decline over 1 year | -10.76% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.97% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.65% | — | — |
Current DrawdownCurrent decline from peak | -10.76% | -11.89% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -3.36% | -7.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.64% | — | — |
Volatility
XLC vs. GXPC - Volatility Comparison
Loading charts...
Volatility by Period
| XLC | GXPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.26% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.50% | 20.41% | -6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 20.41% | +0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.17% | 20.41% | +1.76% |
XLC vs. GXPC - Expense Ratio Comparison
XLC has a 0.13% 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
XLC vs. GXPC - Dividend Comparison
XLC's dividend yield for the trailing twelve months is around 1.34%, more than GXPC's 0.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GXPC Global X PureCap MSCI Communication Services ETF | 0.12% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLC Communication Services Select Sector SPDR Fund | 1.34% | 1.13% | 0.99% | 0.82% | 1.10% | 0.74% | 0.68% | 0.82% | 0.64% |
Frequently Asked Questions
XLC and GXPC have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLC is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLC is cheaper with a 0.13% expense ratio, compared with 0.15% for GXPC.
XLC has the higher dividend yield at 1.34%, compared with 0.12% for GXPC.
XLC tracks S&P Communication Services Select Sector Index, while GXPC tracks MSCI USA Communication Services PureCap Index. They also come from different issuers: State Street and Global X. Their fees differ too: 0.13% for XLC and 0.15% for GXPC.
Find the right allocation for XLC 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