Global X PureCap MSCI Consumer Discretionary ETF (GXPD)

The Global X PureCap MSCI Consumer Discretionary ETF (GXPD) is an index fund from Global X ETFs that tracks an MSCI index of U.S. consumer discretionary companies.

The PureCap approach weights holdings by market capitalization without the concentration caps commonly used in traditional sector funds, so the largest companies in the sector are held at their full relative size.

Holdings include online and specialty retailers, automobile manufacturers, restaurants, hotels and leisure companies, homebuilders and makers of apparel and household durables.