ETF Evaluator: Global X PureCap MSCI Cons Disc ETF () Follow This ETF

Global X PureCap MSCI Cons Disc ETF Overview

Global X PureCap MSCI Cons Disc ETF (GXPD) is a passively managed Sector Equity Consumer Cyclical 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 Consumer Discretionary 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 Consumer Discretionary sector. The underlying index is designed to track the performance of U.S. securities included in the MSCI USA Index that fall within the Consumer Discretionary 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 Cons Disc ETF (GXPD)

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 Consumer Discretionary NR USD index with a weighting of 100%. Global X PureCap MSCI Cons Disc ETF has 50 securities in its portfolio. The top 10 holdings constitute 77.6% 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 Cons Disc ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X PureCap MSCI Cons Disc ETF has 2.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.8% There is 2.2% 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 Cons Disc ETF has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $50 million in total assets, which is below the $1 billion average for the Consumer Cyclical 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.

GXPD 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 Cons Disc ETF expense ratio is low compared to funds in the Consumer Cyclical category. Global X PureCap MSCI Cons Disc ETF has an expense ratio of 0.15%, which is 65% lower than its category average, making the fund expense ratio grade a A. 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 Cons Disc ETF has a portfolio turnover rate of 11%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 41% for the Consumer Cyclical category.

Recently, in the month of July 2026, Global X PureCap MSCI Cons Disc ETF returned 0.9%, which earned it a grade of C, as the Consumer Cyclical category had an average return of -0.2%. 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 Cons Disc ETF has a trailing yield of 0.34%, which is below the 0.97% 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 Cons Disc ETF Grades

Year to date, the ETF has returned -0.5%, 0.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 6.4% over the past year (grade of C).

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