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Launched · SEC filings

Invesco Global Listed Private Equity ETF

PSPNYSE ArcaInvescoC

$60.35+1.52 (+2.58%)

As of Nov 2, 2026, 3:59 PM ET

C53/ 100

Rank 5 of 12 in Listed Private Markets

C53/100Rank 5 of 12inListed Private Markets
Intraday session: up, 79 prints from 58.83 to 60.35. Range 59.22 to 60.85. Use the arrow keys to read each point.59.5060.0010 AM12 PM2 PM4 PM
Expense ratio
1.75%
Fund size
$211M
1Y total return
−7.4%
Yield · Last 12 months
5.34%
Holdings
72
Avg volume · 30D
28.4K sh
52W range
low $54.12high $70.49
Launched
Filings
SEC EDGAR

The ETF.net PSP Grade

Based on 5 of 6 pillars

C

Score 53 out of 100

Category
Listed Private Markets⁠
Rank
5 of 12
Six-pillar profile for PSP. Scores out of 100: Cost 52, Risk 47, Mission not scored, Tradability 49, Holdings 68, Durability 77. Strongest: Durability (77). Weakest: Risk (47). Based on 5 of 6 pillars.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C52 out of 100
    Rank 6 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 8 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 7 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 4 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 2 of 12

Our read on PSP

ETF.net Research

In short

CPublic stock in the private-equity business. PSP has tracked a global index of buyout firms, alternative asset managers and BDCs since 2006, at an all-in 1.75% that is mostly fees passed through from the vehicles it holds.

Stated mandate

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

  • Listed since 2006, it is the long-standing option on the listed-private-markets shelf: roughly 70 global names, non-US firms included via ADRs and GDRs.
  • Wide net by design. The index takes companies that invest in, lend to, or provide services to privately held businesses, so buyout shops, alt managers and BDCs ride in one ticker.sec.gov
  • Most of the 1.75% headline is acquired fund fees, indirect costs passed through from the listed vehicles it holds, not Invesco's own advisory fee.sec.gov
  • Income-heavy underlying holdings, and the fund distributes quarterly.

Worth knowing

  • Headline cost runs above index-style peers such as GPZ (0.40%) and GTPE (0.50%), even though it sits below the category median, which some BDC funds drag higher.
  • A smaller, thinly traded fund, so spreads can be wider than on a mainstream ETF and large orders need more care.
  • Holdings are leveraged, cyclical financials whose shares can swing harder than broad global equity through credit and deal cycles.sec.gov

PSP Performance

Launched Oct 24, 2006

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PSP$9,260
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PSP $9,260. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for PSP. Periods over one year show the average yearly return.
PeriodPSP
Year to date−9.7%
1 month+4.5%
3 months−0.7%
1 year−7.4%
3 yearsper year+13.9%
5 yearsper year−1.0%
10 yearsper year+7.8%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PSP
YearReturn barPSP
2026 YTD−9.7%
2025+6.4%
2024+17.4%
2023+37.8%
2022−37.4%
2021+27.4%
2020+12.6%

PSP in the news

PSP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.34%Last 12 months
Payout per share
$3.14Last 12 months
Last payment
$0.40 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 35 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.59; Jun 16, 2017 $1.75; Sep 18, 2017 $2.21; Dec 18, 2017 $1.81; Mar 19, 2018 $1.52; Jun 18, 2018 $0.52; Sep 24, 2018 $1.37; Jun 24, 2019 $0.83; Sep 23, 2019 $1.10; Dec 23, 2019 $1.83; Mar 23, 2020 $1.01; Jun 22, 2020 $0.64; Sep 21, 2020 $0.59; Dec 21, 2020 $0.91; Mar 22, 2021 $0.44; Jun 21, 2021 $2.71; Sep 20, 2021 $2.19; Dec 20, 2021 $2.65; Mar 21, 2022 $0.50; Jun 21, 2022 $0.52; Sep 19, 2022 $0.34; Jun 20, 2023 $1.12; Sep 18, 2023 $0.60; Dec 18, 2023 $0.75; Mar 18, 2024 $0.54; Jun 24, 2024 $3.52; Sep 23, 2024 $0.51; Dec 23, 2024 $1.19; Mar 24, 2025 $0.22; Jun 23, 2025 $1.40; Sep 22, 2025 $0.84; Dec 22, 2025 $1.47; Mar 23, 2026 $0.15; Jun 22, 2026 $1.11; Sep 21, 2026 $0.40. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.40
Jun 22, 2026Jun 26, 2026$1.11
Mar 23, 2026Mar 27, 2026$0.15
Dec 22, 2025Dec 26, 2025$1.47
Sep 22, 2025Sep 26, 2025$0.84
Jun 23, 2025Jun 27, 2025$1.40
Mar 24, 2025Mar 28, 2025$0.22
Dec 23, 2024Dec 27, 2024$1.19
Sep 23, 2024Sep 27, 2024$0.51
Jun 24, 2024Jun 28, 2024$3.52
Mar 18, 2024Mar 22, 2024$0.54
Dec 18, 2023Dec 22, 2023$0.75

See all 70 payments⁠

$10,000 in PSP 10 years ago paid $7,776 in dividends.⁠

PSP Risk

Risk pillarC47 out of 100Rank 8 of 12 in Listed Private Markets
How much the fund’s monthly returns vary, scaled to a year.
21.2%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.51
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−47.2%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.27
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PSP Cost

Compare PSP and GPZ

Overpaying vs GPZ, cheapest in Listed Private Markets

$21,617

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PSP 1.75%

    $29,707

  • GPZ 0.40% Cheapest

    $8,090

$10,000
30 years

Cost over time

  • PSP 1.75%
  • GPZ 0.40%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530PSP $29,707GPZ $8,090

Year by year

YearPSPGPZOverpaying
10$2,991$723$2,268
20$10,871$2,793$8,078
30$29,707$8,090$21,617

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