ETF Evaluator:
Global X PureCap MSCI Comct Svcs ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Communications Over the Last Year
| 75.7% | State Street® SPDR® S&P® Telecom ETF (XTL) |
| 40.7% | iShares US Telecommunications ETF (IYZ) |
| 16.6% | Global X PureCap MSCI Comct Svcs ETF (GXPC) |
| 6.9% | Fidelity Disruptive Communications ETF (FDCF) |
| 5.6% | Fidelity Metaverse ETF (FMET) |
Risk
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Risk
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ETF Details
Global X PureCap MSCI Comct Svcs ETF Overview
Global X PureCap MSCI Comct Svcs ETF (GXPC) is a passively managed Sector Equity Communications exchange-traded fund (ETF). Global X Funds launched the ETF in 2025.
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Communication Services Index.
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the Communication Services sector. The underlying index is designed to track the performance of U.S. securities included in the MSCI USA Index that fall within the Communication Services sector based on the MSCI and S&P Dow Jones Indices' Global Industry Classification Standard, as determined by MSCI Inc. The fund is non-diversified.
About Global X PureCap MSCI Comct Svcs ETF (GXPC)
There are 2 members of the management team with an average tenure of 1.02 years: Nam To (2025) and Sandy Lu (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI USA Communication Services NR USD index with a weighting of 100%. Global X PureCap MSCI Comct Svcs ETF has 25 securities in its portfolio. The top 10 holdings constitute 95.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Global X PureCap MSCI Comct Svcs ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X PureCap MSCI Comct Svcs ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X PureCap MSCI Comct Svcs ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $194 million in total assets, which is below the $1 billion average for the Communications category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GXPC Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X PureCap MSCI Comct Svcs ETF expense ratio is low compared to funds in the Communications category. Global X PureCap MSCI Comct Svcs ETF has an expense ratio of 0.15%, which is 64% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X PureCap MSCI Comct Svcs ETF has a portfolio turnover rate of 5%, which indicates that it holds its assets around / 0.2 years. By way of comparison, the average portfolio turnover is 36% for the Communications category.
Recently, in the month of July 2026, Global X PureCap MSCI Comct Svcs ETF returned -0.3%, which earned it a grade of D, as the Communications category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Global X PureCap MSCI Comct Svcs ETF has a trailing yield of 0.32%, which is below the 0.95% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Global X PureCap MSCI Comct Svcs ETF Grades
Year to date, the ETF has returned 0.1%, 4.1 percentage points better than the category, which translates into a grade of B. The fund has returned 16.6% over the past year (grade of A).
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GXPC Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GXPC Return (NAV) | -0.3% | -8.7% | 16.6% | na | na | na |
| GXPC Return (Price) | -0.5% | -9.0% | 16.5% | na | na | na |
| NAV +/- Price Return | 0.235% | 0.232% | 0.065% | na | na | na |
| Communications Avg | 0.8% | -2.8% | 2.6% | 15.7% | 4.0% | 9.4% |
| GXPC Grade (NAV) | D | F | A | na | na | na |
| +/- Category (NAV) | -1.0% | -5.9% | 14.0% | na | na | na |
| GXPC Tax-Cost Ratio | na | na | 0.1% | na | na | na |
GXPC Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GXPC Return (NAV) | 0.1% | na | na | na | na | na | na | na | na | na | na |
| GXPC Return (Price) | -0.2% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -4.888% | na | na | na | na | na | na | na | na | na | na |
| Communications Avg | -4.0% | 27.4% | 24.2% | 28.0% | -35.6% | 6.9% | 48.0% | 24.4% | -11.9% | 15.4% | 17.9% |
| GXPC Grade (NAV) | B | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 4.1% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.3% |
| Total Assets: | $ 195 Mil |
| Share Class Assets: | $ 195 Mil |
| Turnover: | 5.3% |
| Expense Ratio: | 0.15% |
| Index Fund: | Yes |
| Index Tracked: | MSCI USA Communication Services NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 1.0 years | |||
| Managers (Year): To Nam (2025), Lu Sandy (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 25 |
| % in Top 10 Holdings: | 95.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 100.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | July 22, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.15% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
