GXPD vs SPY
Global X PureCap MSCI Consumer Discretionary ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GXPD or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 78.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GXPD | SPY |
|---|---|---|
| Expense Ratio | 0.15% | 0.09%Best |
| AUM | $48M | $823.2B |
| Dividend Yield | 0.36% | 0.99% |
| Holdings | 96 | 1,515 |
| YTD Return | -3.16% | +13.53%Best |
| 1Y Return | -1.45% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 16.2% | 11.9%Best |
| Max Drawdown | -16.6% | -8.9%Best |
| $10,000 over 1.2 years | $10,107 | $12,244Best |
| Top 10 Weight | 78.8% | 38.2%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 22, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 23, 2025 to Oct 14, 2026 (1.2 years).
GXPD vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.2 years both funds cover.
GXPD vs SPY Performance
Global X PureCap MSCI Consumer Discretionary ETF (GXPD) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GXPD returned -1.45% while SPY returned +17.47%. Year to date, GXPD is down 3.16% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GXPD has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 11.9% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.6% for GXPD and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GXPD charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, GXPD currently yields 0.36% against 0.99% for SPY.
Holdings Overlap
96.8% of GXPD's money is in holdings SPY also owns. 8.8% of SPY's money is in holdings GXPD also owns.
Most of GXPD is already inside SPY. Owning both mostly buys the same companies twice.
38 positions in common, counted across the 46 positions we hold weights for in GXPD and 504 in SPY, against full books of 96 and 1,515.
What only one of them owns
Our book lists 458 positions for SPY that do not appear in our book for GXPD (90.3% of the fund), and 6 for GXPD that do not appear in SPY (2.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GXPD | Weight in SPY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 41.92% | 3.78% | 38.14% |
| TSLATesla Inc | 18.26% | 1.54% | 16.72% |
| HDHome Depot Inc/The | 4.86% | 0.47% | 4.39% |
| MCDMcdonald'S Corp | 2.81% | 0.28% | 2.53% |
| TJXTjx Cos., Inc. | 2.52% | 0.21% | 2.31% |
| BKNGBooking Holdings, Inc. | 2.14% | 0.21% | 1.93% |
| SBUXStarbucks Corp | 1.85% | 0.17% | 1.68% |
| LOWLowes Cos., Inc. | 1.74% | 0.17% | 1.57% |
| MARMarriott International, Inc. | 1.35% | 0.11% | 1.24% |
| HLTHilton Worldwide Holdings Inc. | 1.25% | 0.11% | 1.14% |
96.8% of GXPD is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GXPD or SPY?
GXPD has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, GXPD or SPY?
Over the past year GXPD returned -1.45% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), GXPD annualized +0.89% vs +18.38% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXPD or SPY?
GXPD has been the more volatile fund at 16.2% annualized versus 11.9% for SPY. Worst drawdown: GXPD -16.6% vs SPY -8.9%.
Should I hold both GXPD and SPY?
GXPD and SPY have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GXPD and SPY?
96.8% of GXPD's money is in holdings SPY also owns. 8.8% of SPY's is in holdings GXPD also owns. They hold 38 positions in common, counted across the 46 positions we hold weights for in GXPD and 504 in SPY.
Which pays a higher dividend, GXPD or SPY?
GXPD yields 0.36% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than GXPD?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 78.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.