Global X launches PureCap suite of five sector ETFs

Global X Management Company LLC announced the launch of its PureCap Suite, consisting of five sector exchange-traded funds that provide uncapped market capitalization exposure across consumer discretionary, communication services, information technology, consumer staples and energy sectors.

The New York-based ETF provider stated the launch addresses investor demand for sector allocation solutions amid growing concentration within these five sectors, which can impact funds due to regulatory weighting limits.

Each fund in the PureCap Suite carries a 0.25% expense ratio and trades on NYSE Arca. The funds track MSCI USA sector indices and use implementation techniques including representative sampling to mimic index exposure without reducing exposure to leading companies within each sector.

The five ETFs are: Global X PureCap MSCI Consumer Discretionary ETF (NYSE Arca: GXPD), Global X PureCap MSCI Communication Services ETF (NYSE Arca: GXPC), Global X PureCap MSCI Information Technology ETF (NYSE Arca: GXPT), Global X PureCap MSCI Consumer Staples ETF (NYSE Arca: GXPS), and Global X PureCap MSCI Energy ETF (NYSE Arca: GXPE).

"Investors often think they're getting true sector exposure, but traditional funds limit exposure to the largest companies causing investors' performance to potentially diverge from the true performance of the sector," said Scott Helfstein, Head of Investment Strategy at Global X.

Global X manages over $60 billion in assets under management as of July 8, 2025, according to the company. The firm is a member of Mirae Asset Financial Group, which has more than $600 billion in assets under management worldwide as of December 31, 2024.

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