Global X Purecap MSCI Consumer Discretionary ETF (GXPD) Valuation
GXPD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.8 trailing earnings
- Forward P/E
- 23.8 analyst estimates
- Price / sales
- 2.84
- Price / book
- 6.83
- EV / EBITDA
- 15.5
- Earnings yield
- 3.60% inverse of P/E
- Dividend yield
- 0.67% of the holdings
- Return on equity
- 24.6% combined
- Net margin
- 10.2% combined
- Beta
- 1.39 weighted, vs S&P 500
GXPD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GXPD | 27.8 | 23.8 | 2.84 | 6.83 | 0.67% | 24.6% | 10.2% | 1.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
GXPD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 99.2% | 27.7 | 23.8 | 2.83 | 6.83 | 0.67% | 24.6% |
| Technology | 0.8% | 29.4 | 24.8 | 7.16 | 6.08 | 1.47% | 20.7% |
GXPD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How GXPD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GXPD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 40.61% | 20.1 | 23.6 | 3.5 | — | 56.06% |
| TSLA | Tesla, Inc. | 18.33% | 328.4 | 158.7 | 13.5 | — | 1.55% |
| HD | The Home Depot, Inc. | 5.25% | 21.5 | 19.8 | 1.8 | 3.01% | 6.76% |
| MCD | McDonald's Corporation | 2.92% | 19.7 | 17.1 | 6.2 | 3.18% | 4.11% |
| TJX | The TJX Companies, Inc. | 2.65% | 27.3 | 24.9 | 2.6 | 1.30% | 2.70% |
| BKNG | Booking Holdings Inc. | 2.06% | 18.1 | 13.3 | 4.3 | 1.03% | 3.16% |
| SBUX | Starbucks Corporation | 2.03% | 56.4 | 30.9 | 2.9 | 2.58% | 1.00% |
| LOW | Lowe's Companies, Inc. | 1.83% | 16.7 | 15.6 | 1.2 | 2.53% | 3.05% |
| MAR | Marriott International, Inc. | 1.48% | 40.1 | 26.5 | 13.7 | 0.75% | 1.02% |
| MELI | MercadoLibre, Inc. | 1.42% | 50.5 | 32.8 | 2.6 | — | 0.78% |
| HLT | Hilton Worldwide Holdings Inc. | 1.36% | 50.6 | 28.7 | 15.2 | 0.17% | 0.74% |
| ROST | Ross Stores, Inc. | 1.29% | 28.6 | 27.4 | 3.1 | 0.75% | 1.25% |
| ABNB | Airbnb, Inc. | 1.24% | 39.6 | 25.4 | 7.9 | — | 0.87% |
| ORLY | O'Reilly Automotive, Inc. | 1.23% | 28.3 | 23.4 | 3.9 | — | 1.21% |
| GM | General Motors Company | 1.19% | 37.7 | 5.6 | 0.4 | 0.86% | 0.88% |
| RCL | Royal Caribbean Cruises Ltd. | 1.19% | 17.1 | 11.4 | 4.0 | 2.16% | 1.92% |
| DASH | DoorDash, Inc. | 1.16% | 99.6 | 38.0 | 5.2 | — | 0.32% |
| AZO | AutoZone, Inc. | 0.85% | 20.5 | 16.5 | 2.5 | — | 1.15% |
| F | Ford Motor Company | 0.79% | — | 7.0 | 0.3 | 4.83% | −3.24% |
| NKE | NIKE, Inc. | 0.78% | 17.9 | 21.0 | 1.2 | 4.42% | 1.21% |
| GRMN | Garmin Ltd. | 0.77% | 29.4 | 24.8 | 7.2 | 1.47% | 0.73% |
| EBAY | eBay Inc. | 0.73% | 25.3 | 16.6 | 4.5 | 1.03% | 0.81% |
| YUM | Yum! Brands, Inc. | 0.73% | 19.0 | 20.4 | 4.7 | 1.99% | 1.07% |
| DHI | D.R. Horton, Inc. | 0.63% | 12.9 | 11.9 | 1.2 | 1.29% | 1.35% |
| CCL | Carnival Corporation & plc | 0.60% | 11.4 | 8.4 | 1.3 | 1.74% | 1.47% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About GXPD valuation
Adding up its 45 holdings with company data, GXPD trades at 27.8 times trailing earnings and 23.8 times analysts' forward estimates, with a price-to-book ratio of 6.83 and a dividend yield of 0.67%. Its earnings yield of 3.60% is 1.72 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 78.6% of the fund and earn 80.2% of its combined profit. By sector, Technology is the most expensive at 29.4 times earnings and Consumer Cyclical the cheapest at 27.7. Companies that lost money over the past year are 1.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GXPD chart, GXPD performance, GXPD holdings, GXPD dividends.
GXPD valuation FAQ
What is the P/E ratio of GXPD?
Based on its holdings, GXPD has a trailing P/E of 27.8 and a forward P/E of 23.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GXPD?
The trailing earnings yield is 3.60% (1 ÷ P/E) and the forward earnings yield 4.20%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GXPD more expensive than the S&P 500?
GXPD trades at 27.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.8 and 19.9.
What is the price-to-book ratio of GXPD?
The holdings of GXPD trade at 6.83 times book value, with a combined return on equity of 24.6%.
Which sector in GXPD has the highest P/E?
Technology has the highest P/E at 29.4 and Consumer Cyclical the lowest at 27.7.