XT vs. GXPT

Last updated Jun 24, 2026

XT (iShares Future Exponential Technologies ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - XT tracks the Morningstar Exponential Technologies Index (Net) while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. XT charges 0.46%/yr vs 0.15%/yr for GXPT.

Performance

XT vs. GXPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Future Exponential Technologies ETF (XT) and Global X PureCap MSCI Information Technology ETF (GXPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XT achieves a 15.73% return, which is significantly lower than GXPT's 16.86% return.

XT

• 1D: -2.84%
• 1M: -0.34%
• YTD: 15.73%
• 6M: 14.43%
• 1Y: 37.71%
• 3Y*: 17.73%
• 5Y*: 7.23%
• 10Y*: 14.88%

GXPT

• 1D: -3.44%
• 1M: -0.96%
• YTD: 16.86%
• 6M: 15.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XT vs. GXPT - Yearly Performance Comparison

	2026 (YTD)	2025
XT iShares Future Exponential Technologies ETF	15.73%	12.19%
GXPT Global X PureCap MSCI Information Technology ETF	16.86%	11.47%

Correlation

The correlation between XT and GXPT is 0.75, 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	0.75

Return for Risk

XT vs. GXPT — Risk / Return Rank

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

XT

XT Risk / Return Rank: 72
XT Sharpe Ratio Rank: 72
XT Sortino Ratio Rank: 67
XT Omega Ratio Rank: 67
XT Calmar Ratio Rank: 75
XT Martin Ratio Rank: 78

GXPT

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.

XT vs. GXPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Future Exponential Technologies ETF (XT) 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.

	XT	GXPT	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	2.90	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.63	—	—
Martin ratio: Return relative to average drawdown	14.43	—	—

Drawdowns

XT vs. GXPT - Drawdown Comparison

The maximum XT drawdown since its inception was -34.41%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for XT and GXPT.

Drawdown Indicators

	XT	GXPT	Difference
Max Drawdown Largest peak-to-trough decline	-34.41%	-18.74%	-15.67%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.09%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.41%	—	—
Current Drawdown Current decline from peak	-4.18%	-8.72%	+4.54%
Average Drawdown Average peak-to-trough decline	-7.39%	-5.04%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	XT	GXPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.32%	22.91%	-5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.00%	22.91%	-1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	22.91%	-2.79%

XT vs. GXPT - Expense Ratio Comparison

XT has a 0.46% expense ratio, which is higher than GXPT's 0.15% expense ratio.

Dividends

XT vs. GXPT - Dividend Comparison

XT's dividend yield for the trailing twelve months is around 7.08%, more than GXPT's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
XT iShares Future Exponential Technologies ETF	7.08%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both XT and GXPT in my portfolio?

XT and GXPT have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XT or GXPT?

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.

Which ETF is cheaper, XT or GXPT?

GXPT is cheaper with a 0.15% expense ratio, compared with 0.46% for XT.

Which ETF pays a higher dividend yield, XT or GXPT?

XT has the higher dividend yield at 7.08%, compared with 0.12% for GXPT.

What is the main difference between XT and GXPT?

XT tracks Morningstar Exponential Technologies Index (Net), while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.46% for XT and 0.15% for GXPT.