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Launched

ERShares Private-Public Crossover ETF

XOVRNasdaqB

$21.85−0.13 (−0.59%)

At close: Oct 13, 2026, 4:00 PM

B59/ 100

Rank 4 of 12 in Listed Private Markets

B59/100Rank 4 of 12inListed Private Markets
Intraday session: down, 79 prints from 21.98 to 21.85. Range 21.73 to 21.89. Use the arrow keys to read each point.21.7521.8021.9021.9510 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.6B
1Y total return
+6.2%
Yield · Last 12 months
0.00%
Holdings
34
Avg volume · 30D
4.2M sh
NAV per share
$22.20
52W range
low $16.37high $22.81
Launched

The ETF.net XOVR Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Listed Private Markets⁠
Rank
4 of 12
Six-pillar profile for XOVR. Scores out of 100: Cost 77, Risk 35, Mission not scored, Tradability 59, Holdings 37, Durability 73. Strongest: Cost (77). Weakest: Risk (35). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B 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.
    A77 out of 100
    Rank 3 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.
    D35 out of 100
    Rank 10 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 5 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D37 out of 100
    Rank 9 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 3 of 12

Our read on XOVR

ETF.net Research

BPre-IPO investing usually starts with an accredited-investor checkbox. XOVR skips it: a 1940 Act ETF pairing about 30 US growth stocks with a private-company sleeve held through a special purpose vehicle, traded like any stock.

Stated mandate

The fund seeks long-term capital appreciation through a broader crossover strategy combining public equities with select private-company exposure.

Why people hold it

  1. 01Uses the illiquid-asset room most ETFs leave on the table: roughly 85% index portfolio, up to about 15% private stakes via an SPV marked into daily NAV. No accreditation, no minimum, no capital calls.entrepreneurshares.comentrepreneurshares.com
  2. 020.75% a year, and the private-sleeve SPV adds no management fee and no carried interest on top. That lands well under the typical fee in the listed-private-markets group.entrepreneurshares.com
  3. 03Trades actively for such a niche product, so entering and exiting is cheap. That matters more than usual when a slice of the portfolio does not trade at all.
  4. 04One of the stronger builds in a young, thin peer group of listed private-markets funds.

Worth knowing

  1. 01The private sleeve is priced by a valuation policy, not a live market. Marks can move in steps, and an eventual exit may settle somewhere different.entrepreneurshares.com
  2. 02About 30 public names plus a concentrated private position means single companies drive the outcome. It sits at the higher-risk end of its cohort.
  3. 03Today's strategy dates to an August 2024 restructuring of an earlier ERShares fund, so longer charts reflect different plumbing. It has not been an income payer.entrepreneurshares.com

XOVR Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
34
Top-10 weight
60%
Largest holding
SPV Exposure to SpaceX LP19.1%

Sectors

  • Technology36.5%
  • Communication23.3%
  • Health Care21.9%
  • Financials9.4%
  • Consumer Discretionary4.6%
  • Industrials4.3%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SPV Exposure to SpaceX LP19.08%0$296M1
002NVDANVIDIA Corp.9.23%632,194$143M847
003GOOGLAlphabet Inc. Class A5.80%254,812$90M709
004SPCXSpace Exploration Technologies Corp.4.97%471,697$77M287
005METAMeta Platforms Inc. Class A4.74%98,911$73M704
006VEEVVeeva Systems Inc. Class A3.70%193,735$57M323
007FTNTFortinet Inc.3.48%279,461$54M468
008HOODRobinhood Markets Inc. Class A3.17%450,457$49M337
009ANETArista Networks Inc.2.96%217,668$46M509
010RDDTReddit Inc. Class A2.87%277,787$44M284
011DASHDoorDash Inc. Class A2.83%226,143$44M343
012NTRANatera Inc.2.78%108,332$43M238
013AFRMAffirm Holdings Inc.2.44%481,041$38M169
014ROKURoku Inc.2.43%246,657$38M154
015ALABAstera Labs Inc.2.19%104,693$34M263

Showing 1–15 of 34 holdings

XOVR Performance

Launched Nov 7, 2017

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

Not enough history yet.Not enough history yet.Not enough history yet.
XOVR$10,618
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. XOVR $10,618. SPY $12,044. Use the arrow keys to read each point.$7,649$10,017$12,386Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 XOVR. Periods over one year show the average yearly return.
PeriodXOVR
Year to date+9.1%
1 month+5.7%
3 months+5.5%
1 year+6.2%
3 yearsHistory unavailableper year—
5 yearsHistory unavailableper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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 XOVR
YearReturn barXOVR
2026 YTD+9.1%
2025+11.8%
2024+27.4%

History from Aug 5, 2024

XOVR in the news

XOVR 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 12, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2021

One bar per payment. 5 payments from 2017 to 2021. Dec 22, 2017 $0.01; Dec 18, 2018 $0.52; Dec 19, 2019 $0.01; Dec 21, 2020 $1.65; Dec 21, 2021 $8.73. Use the arrow keys to read each point.20172018201920202021
Ex-datePay dateAmount per share
Dec 21, 2021Dec 28, 2021$8.73
Dec 21, 2020Dec 23, 2020$1.65
Dec 19, 2019Dec 23, 2019$0.01
Dec 18, 2018Dec 20, 2018$0.52
Dec 22, 2017Dec 28, 2017$0.01

XOVR Risk

How much the fund’s monthly returns vary, scaled to a year.
23.9%
Annualised · 25 months to Sep 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.
0.60
vs 3-month T-bills · 25 months to Sep 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.
−25.2%
26 months · trough Apr 2025
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.
1.20
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.

XOVR Cost

Expense ratio0.75%
  • The middle half of Listed Private Markets funds
  • Median 1.35%

2 of the 12 Listed Private Markets funds charge less.

XOVR costs $75.00 a year on $10,000. The median Listed Private Markets fund costs $135.00.

Other funds in Listed Private Markets

See others