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GXDW vs XT

Global X Dorsey Wright Thematic ETF

GXDWCNasdaq

iShares Future Exponential Technologies ETF

XTANasdaq

Overlap

Expense ratio

XT −0.04pt a year

GXDW0.50%XT0.46%

Avg volume · 30D

XT 23.5×the volume

GXDW2.94KXT69.1K

5Y return · a year

XT +20.5pt

GXDW−13.2%XT+7.3%

GXDW vs XT Performance

Oct 29, 2021 – Oct 30, 2026

−50.7%GXDW+42.3%XT

Oct 29, 2021 to Oct 30, 2026. GXDW −50.7%. XT +42.3%. Use the arrow keys to read each point.−20%0%20%Oct 2021Apr 2024Oct 2026
Expense ratio
GXDW 0.50%
XT 0.46%, better
Fund size
GXDW $6M
XT $3.98B
1Y total return
GXDW −14.8%
XT +20.1%, better
Yield (12M)
GXDW 1.53%
XT 6.82%, better
Holdings
GXDW 6
XT 216
Avg volume (30D)
GXDW 2.94K sh
XT 69.1K sh, better
NAV per share
GXDW $23.47
XT $83.53
52W range

ETF.net Grade

GXDW: Cost 81, Risk 21, Mission not scored, Tradability 29, Holdings 28, Durability 37. XT: Cost 95, Risk 91, Mission not scored, Tradability 77, Holdings 66, Durability 96.
Pillar letters and Scores for GXDW, XT, with each pillar’s weight
PillarGXDWXT
Cost30% weightA81A95Higher
Mission25% weightNot scoredNot scored
Risk15% weightF21A91Higher
Tradability15% weightD29A77Higher
Holdings10% weightD28B66Higher
Durability5% weightD37A96Higher

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GXDW and XT are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds
See all 30 ›

XT ranks 1st and GXDW 15th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 14CNBDSNeuberger Berman Disrupters ETFScore 50
  4. Rank 15CGXDWGlobal X Dorsey Wright Thematic ETFScore 48
  5. Rank 16CILDRFirst Trust Innovation Leaders ETFScore 44

Our read on each fund

ETF.net Research

GXDWCGlobal X Dorsey Wright Thematic ETF

XTAiShares Future Exponential Technologies ETF

In short

GXDW Momentum 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.

XT Innovation, spread thin on purpose. XT holds roughly 200 global companies scored by Morningstar analysts for exposure to a handful of exponential tech themes, so no single moonshot carries the fund.

Stated mandate

GXDW The fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq Dorsey Wright Thematic Rotation Total Return Index.

XT XT seeks to track an index of stocks from developed and emerging markets whose companies create or use exponential technologies. The strategy targets technologies with potential economic benefits, including the ability to displace older technologies or create new markets.

Why people hold it

  • GXDW 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 2
  • 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
  • XT Cheap for the theme at 0.46% a year, below the typical fee in its disruptive-innovation cohort and under peers like TRFM and FDTX.
  • Human fingerprint on the stock list: Morningstar equity analysts score companies on theme exposure instead of sorting by keywords or revenue tags.sec.govcontentstack.io
  • Global by construction (developed and emerging markets) and not fenced into the tech sector, so a drugmaker or an industrial can qualify on theme exposure.sec.gov
  • Launched in 2015 and now a multi-billion-dollar iShares fund, it stands among the stronger builds in its innovation peer group.ishares.com

Worth knowing

  • GXDW 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%).
  • XT The index has been reworked since launch (weighting scheme, theme list), and themes get an annual review, so today's tilt is not fixed forever.morningstar.comsec.gov
  • Moderately traded rather than a household name, which can mean wider spreads than the biggest tech ETFs.
  • About 200 positions dilutes any single breakout winner, and distributions land only once or twice a year.

Full GXDW profile⁠

Full XT profile⁠

GXDW vs XT Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GXDW vs XT Cost

Overpaying GXDW vs XT

$749

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GXDW 0.50%

    $9,979

  • XT 0.46%

    $9,230

$10,000
30 years

Cost over time

  • GXDW 0.50%
  • XT 0.46%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GXDW $9,979XT $9,230

Year by year

YearGXDWXTOverpaying
10$900$830$70
20$3,460$3,195$265
30$9,979$9,230$749

Expense ratio

  • 0.50%GXDW
  • 0.46%XT, cheaper
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

XT 3rd cheapest of 30 funds

GXDW 6th cheapest of 30 funds

GXDW vs XT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GXDW 1.53%
XT 6.82%, better
Payout (12M)
GXDW $0.36
XT $5.69
Last payment
GXDW $0.08
XT $0.36
Ex-dividend
GXDW Jun 29, 2026
XT Jun 15, 2026
Paid on
GXDW Jul 7, 2026
XT Jun 18, 2026
Frequency
GXDW Twice a year
XT Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GXDWTwice a year · 14 paymentsAll GXDW payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Dec 30, 2019 $0.08; Jun 29, 2020 $0.02; Dec 30, 2020 $0.19; Jun 29, 2021 $0.11; Dec 30, 2021 $0.59; Jun 29, 2022 $0.04; Dec 29, 2022 $0.30; Jun 29, 2023 $0.11; Dec 28, 2023 $0.38; Jun 27, 2024 $0.13; Dec 30, 2024 $0.13; Jun 27, 2025 $0.06; Dec 30, 2025 $0.28; Jun 29, 2026 $0.08. Use the arrow keys to read each point.$0$52017202020232026YTD
XTTwice a year · 23 paymentsAll XT payments⁠
One bar per payment. 23 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.24; Dec 21, 2017 $0.10; Dec 28, 2017 $0.0072; Jun 19, 2018 $0.29; Dec 18, 2018 $0.18; Dec 28, 2018 $0.02; Jun 17, 2019 $0.36; Dec 16, 2019 $0.30; Jun 15, 2020 $0.24; Dec 14, 2020 $0.19; Dec 30, 2020 $0.01; Jun 10, 2021 $0.27; Dec 13, 2021 $0.28; Jun 9, 2022 $0.22; Dec 13, 2022 $0.15; Jun 7, 2023 $0.14; Dec 20, 2023 $0.11; Jun 11, 2024 $0.16; Dec 17, 2024 $0.22; Dec 30, 2024 $0.0094; Jun 16, 2025 $0.21; Dec 16, 2025 $5.33; Jun 15, 2026 $0.36. Use the arrow keys to read each point.$0$52017202020232026YTD

GXDW vs XT Risk

Fall from peak · 5 years

  • GXDW
  • XT
Oct 29, 2021 to Oct 30, 2026. Worst fall: GXDW −60.4% · Apr 2025. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
GXDW 25.1%XT 16.5%, better
Return per unit of riskSharpe ratio, 3 years
GXDW 0.14XT 1.08, better
Worst fallMax drawdown, 5 years
GXDW −60.4%XT −34.4%, better
Market sensitivityBeta, 5 years
GXDW 1.72XT 1.35

GXDW and XT in the news

All news⁠

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