Global X - Dorsey Wright Thematic ETF
$24.80−0.25 (−1.02%)
- 0.50%
- $6M
- −4.9%
- 1.44%
- 0M sh
- $25.42
- low $21.50high $30.73
The ETF.net GXDW Grade
C
Score 48 out of 100
- 15 of 31
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A78 out of 100Rank 5 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F18 out of 100Rank 28 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 20 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D27 out of 100Rank 31 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D37 out of 100Rank 24 of 31
Our read on GXDW
CMomentum traffic control for Global X's own theme lineup. Since its 2025 rebuild, GXDW holds the five Global X thematic ETFs showing the strongest relative strength, and it can reshuffle them monthly as leadership changes.
The fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq Dorsey Wright Thematic Rotation Total Return Index.
Why people hold it
- Rules, not hunches: the index ranks Global X's thematic ETFs on relative price strength, holds the top five at equal weight, and can reconstitute monthly.globalxetfs.comnasdaq.comglobalxetfs.com
- One ticker covers five themes at once, so you are not maintaining a shelf of single-theme funds or deciding by hand when to swap one out.globalxetfs.com
- The 0.50% expense ratio runs below the median fee in its disruptive-innovation peer group, and that covers the rotation work too.
- Selection keys off price behavior rather than earnings forecasts, which makes the process easy to audit: strongest recent trend in, laggards out.globalxetfs.com
Worth knowing
- The menu is in-house. The index ranks only Global X's own thematic ETFs, so a leading theme run by another issuer cannot be picked up.globalxetfs.comnasdaq.com
- Momentum follows price, so themes get added after a run and dropped after they stall. Choppy, trendless markets are the hard case for this design.globalxetfs.com
- It stays a small, lightly traded fund, so spreads can be wider than the category's household names, and cheaper broad innovation options exist (KOMP charges 0.20%).
GXDW Holdings
- Stocks
- 6
- 100%
- BUG
Geography
- United States100.00%
GXDW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
GXDW$9,508
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GXDW |
|---|---|
| Year to date | +4.4% |
| 1 month | +4.7% |
| 3 months | +0.4% |
| 1 year | −4.9% |
| 3 years | +4.4% |
| 5 years | −11.4% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GXDW |
|---|---|---|
| 2026 YTD | +4.4% | |
| 2025 | +3.5% | |
| 2024 | −3.5% | |
| 2023 | +10.2% | |
| 2022 | −48.1% | |
| 2021 | +3.2% | |
| 2020 | +61.1% |
GXDW in the news
GXDW Dividends
- 1.44%
- $0.36
- $0.08 per share
- Twice a year
Distribution history
GXDW Risk
- 25.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.08
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −60.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.72
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GXDW Cost
0.50%
GXDW0.50%
- The middle half of Disruptive Innovation funds
- Median 0.65%
6 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- BTSNFTruth Social American Next Frontiers ETFExpense ratio 0.65%1 year return —
- CNBDSNeuberger Berman Disrupters ETFExpense ratio 0.65%1 year return +15.8%
- CILDRFirst Trust Innovation Leaders ETFExpense ratio 0.75%1 year return +22.4%
- CLOUPInnovator Deepwater Frontier Tech ETFExpense ratio 0.70%1 year return +17.9%
- CTEKXState Street Galaxy Transformative Tech Accelerators ETFExpense ratio 0.65%1 year return +38.7%