Global X Purecap MSCI Communication Services ETF (GXPC) Performance
GXPC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.0% since Dec 31, 2025
- 1 year
- +2.7% total return
- Since first price
- +14.5% since 2025
GXPC trailing returns vs SPY, QQQ, AGG
| Period | GXPC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.2% | −7.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.2% | +1.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −7.6% | −7.8% | +7.8% | +8.4% | −1.5% |
| YTD | −4.0% | −4.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.7% | +2.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 22, 2025 | +14.5% | +14.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GXPC vs SPY
From Jul 22, 2025: GXPC grew to $11,449, SPY to $12,249.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GXPC returns by calendar year
2026 is year to date.
GXPC annual returns table
| Year | GXPC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.0% | −16.6% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GXPC largest drawdowns
Now 14.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 2, 2026 | −16.6% | Mar 27, 2026 | Apr 27, 2026 | 53 days | 3 months |
| May 13, 2026 | −15.1% | Jul 23, 2026 | not yet | 2 months | 5 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GXPC risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +17.8% |
| Volatility (annualized) | 23.2% |
| Sharpe ratio | 0.65 |
| Sortino ratio | 1.30 |
| Best month | +18.4% |
| Worst month | −7.8% |
| Best 12 months | +16.5% |
| Worst 12 months | +10.8% |
| Positive months | 50% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GXPC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 4 | +1.0% | +11.3% | +16.5% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GXPC performance overview
Global X Purecap MSCI Communication Services ETF (GXPC) returned +2.7% over the past year, with distributions reinvested. Since its first recorded price on Jul 22, 2025 it has returned +14.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.6%, from Feb 2, 2026 to Mar 27, 2026, and it took 31 days to get back to the old high. Volatility has been 23.2% a year.
Related: GXPC chart, GXPC holdings, GXPC dividends, GXPC valuation. See the GXPC overview for the latest quote and fund facts.
GXPC performance FAQ
What is the GXPC return over the past year?
GXPC returned +2.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.4%.
How much would $10,000 invested in GXPC be worth?
$10,000 invested in GXPC at its first recorded close on July 22, 2025 would be worth about $11,449 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GXPC?
The largest peak-to-trough decline was −16.6% between February 2, 2026 and March 27, 2026. It recovered to the old high on April 27, 2026, 31 days after the bottom.
How volatile is GXPC?
Over the past history GXPC had an annualized volatility of 23.2% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).