Invesco Global Listed Private Equity ETF
$57.70−1.04 (−1.78%)
- Expense ratio
- 1.75%
- Fund size
- $226M
- 1Y return
- −13.3%
- Yield · Last 12 months
- 5.35%
- Holdings
- 66
- Volume · 30D
- 0M sh
- NAV per share
- $58.91
- 52W range
The ETF.net PSP Grade
Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 43Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 44Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 79Category rank
Our read on PSP
CThe 2006 original in listed private markets. PSP owns the publicly traded firms that run, fund and service private companies (about 70 of them, worldwide), packaging the operators' economics in a plain ETF wrapper.
The fund seeks exposure to listed private-equity companies through an index of publicly traded securities, ADRs and GDRs. Eligible companies invest in, lend to, or provide services to privately held businesses.
Why people hold it
- Launched in 2006, years before most listed private-markets ETFs existed. That means a real record through the financial crisis and two rate cycles, not a backtest.
- Owns the operators, not a proxy: roughly 70 global companies that invest in, lend to, or provide services to privately held businesses, held via shares, ADRs and GDRs.
- The portfolio matches the label. Holdings line up cleanly with the Red Rocks global listed private equity index it tracks, and the fund sits in the upper half of its peer group.
- Distributions come on a quarterly cadence, drawn from an index of firms whose business is investing in and lending to private companies.
Worth knowing
- Cost is the trade-off: a 1.80% expense ratio against 0.50% at GTPE and 0.40% at GPZ. The older, broader global basket carries a much heavier fee load than newer rivals.
- A small fund that trades thinly, so spreads can widen and large orders can move the price. Limit orders are the standard tool in this corner of the market.
- These are public stocks of private-market firms, so the ride is equity risk: deal flow, carried interest and credit marks make earnings lumpy.
PSP Holdings
- Stocks
- 66
- 47%
- III.L
Sectors
- Financials90.6%
- Industrials6.2%
- Cons. Staples2.5%
- Health Care0.4%
- Consumer Discr.0.3%
- Materials0.1%
- Technology0.0%
Geography
- United States44.82%
- United Kingdom14.99%
- Sweden6.56%
- Belgium5.80%
- Netherlands4.75%
- Switzerland4.63%
- France3.79%
- Canada3.57%
- 11.09%
Developed 87% · Emerging 13%
PSP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PSP$8,672
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PSP |
|---|---|
| Year to date | −9.8% |
| 1 month | −7.0% |
| 3 months | +4.8% |
| 1 year | −13.3% |
| 3 years | +11.0% |
| 5 years | +0.1% |
| 10 years | +7.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PSP |
|---|---|---|
| 2026 YTD | −9.8% | |
| 2025 | +6.4% | |
| 2024 | +17.4% | |
| 2023 | +37.8% | |
| 2022 | −37.4% | |
| 2021 | +27.4% | |
| 2020 | +12.6% |
PSP in the news
PSP Dividends
- 5.35%
- $3.14
- $0.40 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.40 |
| Jun 22, 2026 | Jun 26, 2026 | $1.11 |
| Mar 23, 2026 | Mar 27, 2026 | $0.15 |
| Dec 22, 2025 | Dec 26, 2025 | $1.47 |
| Sep 22, 2025 | Sep 26, 2025 | $0.84 |
| Jun 23, 2025 | Jun 27, 2025 | $1.40 |
| Mar 24, 2025 | Mar 28, 2025 | $0.22 |
| Dec 23, 2024 | Dec 27, 2024 | $1.19 |
| Sep 23, 2024 | Sep 27, 2024 | $0.51 |
| Jun 24, 2024 | Jun 28, 2024 | $3.52 |
| Mar 18, 2024 | Mar 22, 2024 | $0.54 |
| Dec 18, 2023 | Dec 22, 2023 | $0.75 |
PSP Risk
- 20.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.48
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −47.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.26
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PSP Cost
1.75%
PSP1.75%
- The middle half of Listed Private Markets funds
- Median 0.95%
6 of the 11 Listed Private Markets funds charge less.