Skip to Content
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)
$58,884
AUM
$9,913,630
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
11.53%
ARCC
Ares Capital Corp
9.21%
FSK
FS KKR Capital Corp
8.50%
KINVB
KINNEVIK AB - B
6.23%
ONEX
ONEX CORPORATION
5.73%
RF
EURAZEO SE
4.81%
MF
WENDEL
4.80%
MAIN
Main Street Capital Corporation
4.69%
GBDC
Golub Capital BDC Inc
3.84%
PSEC
Prospect Capital Corp
3.65%
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 PSP, SCHC, AVSD

PEX
ProShares Trust - ProShares Global Listed Private Equity ETF
PSP
Invesco Capital Management LLC - Invesco Global Listed Private Equity ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
AVSD
American Century ETF Trust - Avantis Responsible International Equity ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral 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 -0.0652%. This is the percent change in the value of PEX over the most recent 1-month period. The 3-month return on PEX is 0.0149%. 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 0.2593%. 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 PGF, AMJ, and AOR.

ETFs correlated to PEX include PSP, SCHC, and AVSD.

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.