Global X - Dorsey Wright Thematic ETF
$25.07−0.25 (−1.00%)
- Expense ratio
- 0.50%
- Fund size
- $6M
- 1Y return
- −7.4%
- Yield · Last 12 months
- 1.41%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $25.32
- 52W range
The ETF.net GXDW Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 78Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 18Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 27Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 37Category rank
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
- 5
- 100%
- HYDR
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.
Returns run to the Sep 22, 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 | +6.0% |
| 1 month | +5.2% |
| 3 months | −10.8% |
| 1 year | −7.4% |
| 3 years | +3.8% |
| 5 years | −12.0% |
| 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 | +6.0% | |
| 2025 | +3.5% | |
| 2024 | −3.5% | |
| 2023 | +10.2% | |
| 2022 | −48.1% | |
| 2021 | +3.2% | |
| 2020 | +61.1% |
GXDW in the news
ETF.net Research hasn’t filed on GXDW yet — coverage lands here as it’s written.
GXDW Dividends
- 1.41%
- $0.36
- $0.08 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jul 7, 2026 | $0.08 |
| Dec 30, 2025 | Jan 7, 2026 | $0.28 |
| Jun 27, 2025 | Jul 7, 2025 | $0.06 |
| Dec 30, 2024 | Jan 7, 2025 | $0.13 |
| Jun 27, 2024 | Jul 5, 2024 | $0.13 |
| Dec 28, 2023 | Jan 8, 2024 | $0.38 |
| Jun 29, 2023 | Jul 10, 2023 | $0.11 |
| Dec 29, 2022 | Jan 9, 2023 | $0.30 |
| Jun 29, 2022 | Jul 8, 2022 | $0.04 |
| Dec 30, 2021 | Jan 7, 2022 | $0.59 |
| Jun 29, 2021 | Jul 8, 2021 | $0.11 |
| Dec 30, 2020 | Jan 8, 2021 | $0.19 |
GXDW Risk
- 26.1%
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.
- −0.06
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
- The middle half of Disruptive Innovation funds
- Median 0.65%
6 of the 31 Disruptive Innovation funds charge less.