ETF Evaluator:
Global X PureCap MSCI Energy ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Equity Energy Over the Last Year
| 73.1% | Invesco Oil & Gas Services ETF (PXJ) |
| 73.1% | BP p.l.c. ADRhedged (BPH) |
| 69.1% | Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES) |
| 66.9% | VanEck Oil Refiners ETF (CRAK) |
| 60.9% | VanEck Oil Services ETF (OIH) |
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ETF Details
Global X PureCap MSCI Energy ETF Overview
Global X PureCap MSCI Energy ETF (GXPE) is a passively managed Sector Equity Equity Energy 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 Energy 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 Energy 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 Energy ETF (GXPE)
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/Energy NR USD index with a weighting of 100%. Global X PureCap MSCI Energy ETF has 23 securities in its portfolio. The top 10 holdings constitute 77.8% 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 Energy ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X PureCap MSCI Energy 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 Energy ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $1 billion average for the Equity Energy 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.
GXPE 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 Energy ETF expense ratio is low compared to funds in the Equity Energy category. Global X PureCap MSCI Energy ETF has an expense ratio of 0.15%, which is 72% 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 Energy ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 28% for the Equity Energy category.
Recently, in the month of July 2026, Global X PureCap MSCI Energy ETF returned 12.5%, which earned it a grade of B, as the Equity Energy category had an average return of 5.2%. 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 Energy ETF has a trailing yield of 2.07%, which is below the 2.25% 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 Energy ETF Grades
Year to date, the ETF has returned 34.5%, 6.0 percentage points better than the category, which translates into a grade of C. The fund has returned 39.7% over the past year (grade of C).
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GXPE 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 |
|
| GXPE Return (NAV) | 12.5% | 0.9% | 39.7% | na | na | na |
| GXPE Return (Price) | 8.5% | -0.2% | 36.0% | na | na | na |
| NAV +/- Price Return | 3.950% | 1.029% | 3.650% | na | na | na |
| Equity Energy Avg | 5.2% | -3.4% | 41.0% | 12.5% | 18.2% | 6.1% |
| GXPE Grade (NAV) | B | A | C | na | na | na |
| +/- Category (NAV) | 7.3% | 4.3% | -1.3% | na | na | na |
| GXPE Tax-Cost Ratio | na | na | 1.0% | na | na | na |
GXPE Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GXPE Return (NAV) | 34.5% | na | na | na | na | na | na | na | na | na | na |
| GXPE Return (Price) | 32.6% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.054% | na | na | na | na | na | na | na | na | na | na |
| Equity Energy Avg | 28.5% | 10.4% | 2.7% | 3.9% | 43.8% | 43.2% | -22.2% | 6.8% | -24.5% | -4.1% | 26.3% |
| GXPE Grade (NAV) | C | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 6.0% | 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: | 2.1% |
| Total Assets: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.15% |
| Index Fund: | Yes |
| Index Tracked: | MSCI USA/Energy 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: | 23 |
| % in Top 10 Holdings: | 77.8% |
| 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: | 0.1% |
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 (%): | 0.54% |
