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ETFs

Invesco Global Listed Private Equity ETF

PSP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 24 2006
Expense Ratio
1.44%
Type
Global Private Equity
Fund Owner
Invesco
Volume (1m avg. daily)
$818,568
AUM
$208,526,119
Associated Index
Global Listed Private Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BX
Blackstone Inc
5.13%
PGHN
Partners Group Holding
5.04%
III
3i Group plc
5.02%
KKR
KKR & Co. Inc
4.82%
EQT
EQT AB
4.71%
RF
Eurazeo
4.66%
ONEX
Onex Corp.
4.33%
SOF
Gecimed SA
4.32%
CG
Carlyle Group Inc (The)
4.25%
MRO
Melrose Industries Plc.
4.02%
Invest with PSP

What is PSP?

The Invesco Global Listed Private Equity ETF (Fund) is based on the Red Rocks Global Listed Private Equity Index (Index). The Fund will normally invest at least 90% of its total assets in securities, which may include American depository receipts and global depository receipts, that comprise the Index. The Index includes securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles whose principal business is to invest in, lend capital to or provide services to privately held companies (collectively, listed private equity companies). The Fund and the Index are rebalanced and reconstituted quarterly.

ETFs related toPSP

ETFs correlated to PSP include KCE, SCHC, VT

PSP
Invesco Capital Management LLC - Invesco Global Listed Private Equity ETF
KCE
SPDR Series Trust - SPDR S&P Capital Markets ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World 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

PSP is a Global Private Equity ETF. The Invesco Global Listed Private Equity ETF (Fund) is based on the Red Rocks Global Listed Private Equity Index (Index). The Fund will normally invest at least 90% of its total assets in securities, which may include American depository receipts and global depository receipts, that comprise the Index. The Index includes securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles whose principal business is to invest in, lend capital to or provide services to privately held companies (collectively, listed private equity companies). The Fund and the Index are rebalanced and reconstituted quarterly.

PSP tracks the Global Listed Private Equity Index.

No, PSP 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, PSP 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 PSP is 0.0188%. This is the percent change in the value of PSP over the most recent 1-month period. The 3-month return on PSP is 0.03%. This is the percent change in the value of PSP over the most recent 3-month period.

The standard deviation of PSP for the past year is 0.2686%. 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 PSP include PFF, PGF, and PGX.

ETFs correlated to PSP include KCE, SCHC, and VT.

ETFs that are inversely correlated to PSP include EPV, EFZ, and HIBS.

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.