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ETFs

ProShares Global Listed Private Equity ETF

PEX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 26 2013
Expense Ratio
2.67%
Type
Global Private Equity
Fund Owner
ProShares
Volume (1m avg. daily)
$67,605
AUM
$8,169,275
Associated Index
LPX Direct Listed Private Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

III
3i Group plc
10.27%
ARCC
Ares Capital Corp
10.01%
FSK
FS KKR Capital Corp
8.80%
ONEX
Onex Corp.
6.74%
RF
Eurazeo
5.03%
MAIN
Main Street Capital Corporation
4.54%
GBDC
Golub Capital BDC Inc
4.07%
HTGC
Hercules Capital Inc
3.78%
KINV B
Kinnevik AB - Ordinary Shares - Class B
3.61%
MF
Wendel
3.59%
Invest with PEX

What is PEX?

ProShares Global Listed Private Equity ETF seeks investment results, before fees and expenses, that track the performance of the LPX Direct Listed Private Equity Index.

ETFs related toPEX

ETFs correlated to PEX include SCHC, BIZD, SPEU

PEX
ProShares Trust - ProShares Global Listed Private Equity ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
BIZD
VanEck ETF Trust - VanEck BDC Income ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
FEP
First Trust Exchange-Traded Fund III - First Trust Europe AlphaDEX Fund
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PEX is a Global Private Equity ETF. ProShares Global Listed Private Equity ETF seeks investment results, before fees and expenses, that track the performance of the LPX Direct Listed Private Equity Index.

PEX tracks the LPX Direct Listed Private Equity Index.

No, PEX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PEX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PEX is 0.0074%. This is the percent change in the value of PEX over the most recent 1-month period. The 3-month return on PEX is 0.0261%. This is the percent change in the value of PEX over the most recent 3-month period.

The standard deviation of PEX for the past year is 0.2183%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PEX include PFF, PGF, and PGX.

ETFs correlated to PEX include SCHC, BIZD, and SPEU.

ETFs that are inversely correlated to PEX include EPV, EFZ, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.