XLP vs. GXPS

Last updated Apr 1, 2026

Compare and contrast key facts about State Street Consumer Staples Select Sector SPDR ETF (XLP) and Global X PureCap MSCI Consumer Staples ETF (GXPS).

XLP and GXPS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLP is a passively managed fund by State Street that tracks the performance of the S&P Consumer Staples Select Sector. It was launched on Dec 16, 1998. GXPS is a passively managed fund by Global X that tracks the performance of the MSCI USA Consumer Staples Index. It was launched on Jul 22, 2025. Both XLP and GXPS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XLP vs. GXPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Consumer Staples Select Sector SPDR ETF (XLP) and Global X PureCap MSCI Consumer Staples ETF (GXPS). The values are adjusted to include any dividend payments, if applicable.

XLP vs. GXPS - Yearly Performance Comparison

	2026 (YTD)	2025
XLP State Street Consumer Staples Select Sector SPDR ETF	6.13%	-3.44%
GXPS Global X PureCap MSCI Consumer Staples ETF	7.90%	-1.72%

Returns By Period

In the year-to-date period, XLP achieves a 6.13% return, which is significantly lower than GXPS's 7.90% return.

XLP

• 1D: 0.12%
• 1M: -8.41%
• YTD: 6.13%
• 6M: 6.04%
• 1Y: 3.16%
• 3Y*: 5.99%
• 5Y*: 6.59%
• 10Y*: 7.17%

GXPS

• 1D: 0.02%
• 1M: -7.32%
• YTD: 7.90%
• 6M: 7.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLP vs. GXPS - Expense Ratio Comparison

XLP has a 0.08% expense ratio, which is lower than GXPS's 0.25% 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%.

GXPS

Global X PureCap MSCI Consumer Staples ETF

XLP

State Street Consumer Staples Select Sector SPDR ETF

Return for Risk

XLP vs. GXPS — Risk / Return Rank

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

XLP

XLP Risk / Return Rank: 20
XLP Sharpe Ratio Rank: 19
XLP Sortino Ratio Rank: 18
XLP Omega Ratio Rank: 17
XLP Calmar Ratio Rank: 25
XLP Martin Ratio Rank: 22

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.

XLP vs. GXPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Consumer Staples Select Sector SPDR ETF (XLP) and Global X PureCap MSCI Consumer Staples ETF (GXPS). 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.

	XLP	GXPS	Difference
Sharpe ratio Return per unit of total volatility	0.23	—	—
Sortino ratio Return per unit of downside risk	0.42	—	—
Omega ratio Gain probability vs. loss probability	1.05	—	—
Calmar ratio Return relative to maximum drawdown	0.49	—	—
Martin ratio Return relative to average drawdown	1.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XLP	GXPS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.67	-0.23

Correlation

The correlation between XLP and GXPS is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XLP vs. GXPS - Dividend Comparison

XLP's dividend yield for the trailing twelve months is around 2.65%, more than GXPS's 0.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XLP State Street Consumer Staples Select Sector SPDR ETF	2.65%	2.75%	2.77%	2.63%	2.47%	2.28%	2.50%	2.57%	3.04%	2.62%	2.53%	2.52%
GXPS Global X PureCap MSCI Consumer Staples ETF	0.55%	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XLP vs. GXPS - Drawdown Comparison

The maximum XLP drawdown since its inception was -35.90%, which is greater than GXPS's maximum drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for XLP and GXPS.

Drawdown Indicators

	XLP	GXPS	Difference
Max Drawdown Largest peak-to-trough decline	-35.90%	-9.20%	-26.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.51%	—	—
Current Drawdown Current decline from peak	-8.41%	-7.32%	-1.09%
Average Drawdown Average peak-to-trough decline	-7.06%	-3.40%	-3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.03%	—	—

Volatility

Volatility by Period

	XLP	GXPS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	13.37%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	13.37%	-0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.69%	13.37%	+1.32%