GTPE vs PEVC: Grades, Fees and Holdings Compared

Goldman Sachs MSCI World Private Equity Return Tracker ETF

GTPEANasdaq

Pacer PE/VC ETF

PEVCCNYSE Arca

Overlap

14.1%by weight

Expense ratio

GTPE −0.35pt a year

GTPE0.50%PEVC0.85%

Avg volume · 30D

GTPE 6.5×the volume

GTPE2.79KPEVC428

GTPE vs PEVC Performance

Oct 31, 2025 – Oct 30, 2026

+17.4%GTPE+3.6%PEVC

Expense ratio: GTPE 0.50%, better; PEVC 0.85%
Fund size: GTPE $30M; PEVC $2M
1Y total return: GTPE +17.4%, better; PEVC +3.6%
Yield (12M): GTPE No data; PEVC 4.38%
Holdings: GTPE 1590; PEVC 225
Avg volume (30D): GTPE 2.79K sh, better; PEVC 428 sh
NAV per share: GTPE $60.70; PEVC $29.27
52W range

ETF.net Grade

Pillar letters and Scores for GTPE, PEVC, with each pillar’s weight
Pillar	GTPE	PEVC
Cost30% weight	A87Higher	B68
Mission25% weight	Not scored	Not scored
Risk15% weight	A89Higher	A71
Tradability15% weight	D35Higher	D34
Holdings10% weight	A73Higher	B56
Durability5% weight	C45Higher	D32

Rank among Listed Private Markets funds

How we build Categories ›

Same Category. GTPE and PEVC are both graded against the same 12 Listed Private Markets funds, so their Grades compare head to head.

Listed Private Markets⁠

Category · 12 funds

See all 12 ›

GTPE ranks 1st and PEVC 7th of 12 funds in the Listed Private Markets Category.

Rank 1AGTPEGoldman Sachs MSCI World Private Equity Return Tracker ETFScore 72
Rank 2BGPZVanEck Alternative Asset Manager ETFScore 66
Rank 6CBIZDVanEck BDC Income ETFScore 49
Rank 7CPEVCPacer PE/VC ETFScore 40
Rank 8DPBDCPutnam BDC Income ETFScore 39

Our read on each fund

ETF.net Research

GTPEAGoldman Sachs MSCI World Private Equity Return Tracker ETF

PEVCCPacer PE/VC ETF

In short

GTPE Private equity returns, minus the lockup. GTPE tracks an MSCI index that rebuilds buyout-style return patterns out of public developed-market stocks, so the exposure trades on an exchange instead of sitting in a locked-up partnership.

PEVC Private equity without the paperwork. PEVC holds public stocks selected by a rules-based index built to move like a diversified pool of US buyout and venture-backed deals. No capital calls, no lockups, one ticker.

Stated mandate

GTPE The Fund seeks to track, before fees and expenses, the MSCI World Private Equity Return Tracker Index (Net, USD, Unhedged).

PEVC The fund seeks long-term capital appreciation while pursuing returns comparable to private-equity and venture-capital investments through publicly traded securities.

Why people hold it

GTPE Peers like PSP and GPZ own listed buyout shops and alt managers. GTPE goes wider: roughly 1,600 developed-market stocks tilted to growth, value, momentum and low volatility.
0.50% a year sits at the low end of the listed private-markets shelf, where the long-running incumbent PSP charges 1.80%.
A plain 1940 Act ETF holding public equities: trades any market day, no capital calls, no lockup, no accreditation requirement.

PEVC The mechanism is replication, not ownership: the FTSE PE/VC Index assembles listed equities, ETFs and futures meant to track how US buyout and venture portfolios behave.businesswire.com
Exchange trading replaces the traditional private-markets package of capital calls, multi-year lockups and manager minimums.businesswire.com paceretfs.com
A 0.85% expense ratio sits under the median fee in its listed private-markets cohort, and well under the 1.8% charged by long-running PSP.
Exposure spreads across a few hundred names instead of a short list of alt-manager stocks, so no single buyout shop or vintage year drives the outcome.paceretfs.com

Worth knowing

GTPE A proxy, not the real thing. You own public stocks selected to echo private equity's return pattern, not stakes in private companies.
Launched in October 2025 and still small and thinly traded, which can mean wider bid-ask spreads and a short record to judge it on.
Developed markets only. Private-market activity in emerging economies sits outside the mandate.

PEVC Cheaper doors into the theme exist: GTPE at 0.50% and GPZ at 0.40% both undercut it.
Launched in 2025 and small since, with light trading, so spreads can run wider than at the cohort's larger funds.
It approximates private markets rather than owning them: public-market pricing and daily swings, plus disclosed methodology, concentration and derivatives risk.paceretfs.com

Full GTPE profile⁠

Full PEVC profile⁠

GTPE vs PEVC Holdings

As of Oct 23, 2026

How GTPE and PEVC differ

Overlap by weight

14.1%

Shared holdings make up 39.3% of PEVC and 32.2% of GTPE.

Level by level

Holdings67 in both14.1%
Countryby domicile70.7%
Asset classEquity100%

Sector

No Sector split for GTPE.

Country, concentration and asset class

Country by domicile

Country weights in GTPE and PEVC, widest gap first
Country	More in GTPEMore in PEVC	GTPE	PEVC
United States	PEVC +28.6 points	70.5%	99.1%
Canada	GTPE +6.4 points	6.4%	0.0%
United Kingdom	GTPE +4.9 points	5.0%	0.1%
Germany	GTPE +2.8 points	2.8%	0.0%
Switzerland	GTPE +1.9 points	2.0%	0.1%
France	GTPE +1.6 points	1.6%	0.0%
Sweden	GTPE +1.5 points	1.5%	0.0%
Netherlands	GTPE +1.3 points	1.3%	0.0%
Other countries (22)	GTPE +8.1 points	8.8%	0.7%

Outside the US: GTPE 97% developed, 3% emerging.

Concentration

Weight in the 10 largest Holdings

GTPE102.6%
PEVC176.2%

Securities held

GTPE1,579
PEVC224

Asset class

GTPE: Equity
PEVC: Equity

Holdings

Only in GTPE1,512
In both67
Only in PEVC157

Only in GTPE

1,512 securities, 100% of GTPE by weight

MXWLPERT JPMorgan Chase Bank, N.A. EQUITY34.24%
MXWSPERT JPMorgan Chase Bank, N.A. FINANCING17.94%
MXWLPERT BNP Paribas EQUITY11.73%
MXWSPERT BNP Paribas FINANCING8.94%
Suncor Energy Inc.1.40%
Marvell Technology, Inc.0.92%
Canadian National Railway Co.0.85%
Ciena Corporation0.75%
Teradyne Inc0.71%
Asml Holding N.v.0.53%
Celestica Inc.0.52%
St Microelectronics0.47%
Sap SE0.47%
Sandisk Corporation0.44%
Bank of Nova Scotia (The)0.43%
Citizens Financial Group, Inc.0.42%
Vici Properties Inc.0.41%
Verisign, Inc.0.38%
Alnylam Pharmaceuticals Inc.0.35%
Hexagon Aktiebolag0.35%
United Therapeutics Corp0.34%
Steris Public Limited Company0.34%
Galderma Group AG0.34%
Imperial Brands PLC0.34%
Roku, Inc.0.31%
Shell PLC0.31%
Rheinmetall AG0.30%
Vat Group AG0.30%
Loews Corporation0.29%
Yum Brands, Inc.0.29%
Glencore PLC0.28%
Ucb Cap Npv0.28%
Leonardo-Finmeccanica SpA0.28%
Adidas AG0.27%
Host Hotels & Resorts Inc0.27%
Fair Isaac Corporation0.24%
Everest Group Ltd0.24%
Halozyme Therapeutics, Inc.0.24%
Johnson Controls International Public Limited Comp0.23%
United Utilities Group PLC0.23%
Infineon Technologies AG0.22%
Bnp Paribas0.22%
Weyerhaeuser Company0.22%
Neurocrine Biosciences, Inc.0.21%
First Citizens Bankshares Class A0.21%
Circle Internet Group, Inc.0.20%
Globe Life Inc0.19%
Metro Inc.0.19%
Jazz Pharmaceuticals PLC0.18%
Paychex, Inc.0.18%

Only in PEVC

157 securities, 100% of PEVC by weight

BNPUPEV2-TRS- 11/03/26-L99.38%
BNPUPEV1 Index-Trs- 11/03/26-L43.18%
Alphabet Inc3.99%
Meta Platforms Inc3.93%
Apple Inc2.57%
Netflix Inc2.45%
Oracle Corp2.20%
International Business Machines Corp2.17%
Amazon.com Inc2.04%
Visa Inc1.45%
Accenture PLC1.16%
Tesla Inc1.14%
Uber Technologies Inc1.04%
Snowflake Inc0.96%
JPMorgan Chase & Co.0.91%
Fortinet Inc0.81%
Walmart Inc0.79%
Spotify Technology SA0.78%
MercadoLibre Inc0.74%
Caterpillar Inc0.74%
Cadence Design Systems Inc0.72%
ExxonMobil Holdings Corp0.66%
Ge Aerospace0.65%
Airbnb Inc0.63%
Robinhood Markets Inc0.63%
Cloudflare Inc0.63%
Cisco Systems Inc0.61%
Eli Lilly & Co0.61%
AppLovin Corp0.59%
Coca-Cola Co/The0.55%
Procter & Gamble Co/The0.51%
RTX Corp0.51%
Linde PLC0.50%
Lam Research Corp0.47%
eBay Inc0.42%
Autodesk Inc0.41%
Thermo Fisher Scientific Inc0.39%
Texas Instruments Inc0.38%
Philip Morris International Inc0.36%
Chevron Corp0.36%
Bank of America Corp0.36%
Johnson & Johnson0.36%
Costco Wholesale Corp0.36%
Deere & Co0.36%
Eaton Corp PLC0.35%
Coinbase Global Inc0.30%
Boeing Co/The0.30%
Kla Corp0.28%
Verizon Communications Inc0.28%
PepsiCo Inc0.26%

Weight gaps

All 67 Holdings in both funds, largest gap first.

Holding weights in GTPE and PEVC, widest gap first
Holding	More in GTPEMore in PEVC	GTPE	PEVC
Microsoft CorporationMSFT	PEVC +3.70 points	0.56%	4.26%
Mastercard IncorporatedMA	PEVC +2.55 points	0.69%	3.24%
Palo Alto Networks Inc.PANW	PEVC +2.28 points	0.07%	2.35%
Crowdstrike Holdings, Inc.CRWD	PEVC +2.23 points	0.04%	2.27%
Berkshire Hathaway Inc.BRK.B	PEVC +2.12 points	0.06%	2.18%
Advanced Micro Devices Inc.AMD	GTPE +1.88 points	3.21%	1.33%
Salesforce IncCRM	PEVC +1.72 points	0.06%	1.78%
Ge Vernova LlcGEV	GTPE +1.53 points	1.72%	0.19%
Lockheed Martin CorporationLMT	GTPE +1.49 points	1.75%	0.26%
Welltower, Inc.WELL	GTPE +1.45 points	1.54%	0.09%
The Bank of Ny Mellon CorpBNY	GTPE +1.41 points	1.47%	0.06%
Automatic Data Processing IncADP	GTPE +1.33 points	1.46%	0.13%
The Williams Companies, Inc.WMB	GTPE +1.31 points	1.39%	0.08%
Starbucks Corp.SBUX	GTPE +1.31 points	1.39%	0.08%
Servicenow IncNOW	PEVC +1.26 points	0.02%	1.28%
Applied Materials IncAMAT	GTPE +1.16 points	1.63%	0.47%
Micron Technology, Inc.MU	PEVC +1.13 points	0.30%	1.43%
Monster Beverage CorporationMNST	GTPE +0.90 points	1.00%	0.10%
Charles Schwab CorporationSCHW	GTPE +0.82 points	0.93%	0.11%
Intuit IncINTU	PEVC +0.73 points	0.01%	0.74%
Palantir Technologies Inc.PLTR	PEVC +0.71 points	2.31%	3.02%
Synopsys Inc.SNPS	PEVC +0.68 points	0.01%	0.69%
Datadog, Inc.DDOG	PEVC +0.63 points	<0.01%	0.64%
Hca Healthcare, IncHCA	GTPE +0.60 points	0.67%	0.07%
Doordash IncDASH	PEVC +0.57 points	<0.01%	0.58%
Intel CorporationINTC	PEVC +0.55 points	0.08%	0.63%
Centene CorporationCNC	GTPE +0.49 points	0.52%	0.03%
Steel Dynamics, Inc.STLD	GTPE +0.46 points	0.53%	0.07%
AbbVie Inc.ABBV	GTPE +0.45 points	0.75%	0.30%
General Dynamics Corp.GD	GTPE +0.40 points	0.50%	0.10%
Strategy IncMSTR	PEVC +0.39 points	0.02%	0.41%
The Hershey CompanyHSY	GTPE +0.33 points	0.36%	0.03%
Workday, Inc.WDAY	PEVC +0.31 points	<0.01%	0.32%
Adobe IncADBE	GTPE +0.31 points	1.12%	0.81%
Roper Technologies IncROP	PEVC +0.31 points	0.01%	0.32%
Take Two Interactive SoftwareTTWO	GTPE +0.27 points	0.52%	0.25%
Union Pacific Corp.UNP	PEVC +0.27 points	0.09%	0.36%
Mongodb, Inc.MDB	PEVC +0.26 points	<0.01%	0.27%
Newmont CorpNEM	PEVC +0.22 points	0.02%	0.24%
Arista Networks, Inc.ANET	PEVC +0.22 points	0.06%	0.28%
Zoom Communications IncZM	PEVC +0.21 points	0.01%	0.22%
Analog Devices Inc.ADI	PEVC +0.21 points	0.05%	0.26%
Copart, Inc.CPRT	PEVC +0.20 points	<0.01%	0.21%
Danaher CorporationDHR	PEVC +0.19 points	0.03%	0.22%
Abbott LaboratoriesABT	PEVC +0.20 points	0.04%	0.24%
NVIDIA CorporationNVDA	PEVC +0.17 points	2.33%	2.50%
Intuitive Surgical, Inc.ISRG	PEVC +0.16 points	0.05%	0.21%
Walt Disney Company (The)DIS	PEVC +0.13 points	0.04%	0.17%
BlackRock Funding, Inc.BLK	PEVC +0.13 points	<0.01%	0.14%
Archer-Daniels-Midland CompanyADM	GTPE +0.12 points	0.15%	0.03%
Vylor Inc.VYLR	PEVC +0.12 points	<0.01%	0.12%
Nucor CorporationNUE	PEVC +0.12 points	<0.01%	0.12%
UnitedHealth Group IncorporatedUNH	PEVC +0.11 points	0.41%	0.52%
Broadcom Inc.AVGO	PEVC +0.08 points	1.92%	2.00%
The Progressive CorporationPGR	PEVC +0.08 points	<0.01%	0.09%
General Motors CompanyGM	GTPE +0.07 points	0.12%	0.05%
Cme Group Inc.CME	PEVC +0.06 points	0.01%	0.07%
Boston Scientific Corp.BSX	PEVC +0.04 points	<0.01%	0.05%
Natera, Inc.NTRA	PEVC +0.05 points	<0.01%	0.05%
Edwards Lifesciences CorporationEW	PEVC +0.02 points	0.02%	0.04%
Veeva Systems IncVEEV	PEVC +0.02 points	0.02%	0.04%
Corteva, Inc.CTVA	PEVC +0.02 points	<0.01%	0.02%
Resmed Inc.RMD	PEVC +0.02 points	0.01%	0.03%
Ford Motor CompanyF	Same weight	0.04%	0.04%
The Kraft Heinz CoKHC	Same weight	0.02%	0.02%
Lumen Technologies, Inc.LUMN	GTPE +0.01 points	<0.01%	<0.01%
Globalstar, Inc.GSAT	GTPE +0.01 points	<0.01%	<0.01%

All 1,594 GTPE holdings⁠All 224 PEVC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GTPE vs PEVC Cost

Overpaying PEVC vs GTPE

$6,220

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

GTPE 0.50%
$9,979
PEVC 0.85%
$16,199

Amount$10,000

Years30 years

Cost over time

GTPE 0.50%
PEVC 0.85%
Overpaying

Year by year

Year	GTPE	PEVC	Overpaying
10	$900	$1,508	$608
20	$3,460	$5,706	$2,246
30	$9,979	$16,199	$6,220

Expense ratio

0.50%GTPE, cheaper
0.85%PEVC

GTPE0.50%PEVC0.85%

0.40%12.44%

Middle half of Listed Private Markets funds
Median 2.25%

GTPE 2nd cheapest of 12 funds

PEVC 4th cheapest of 12 funds

GTPE vs PEVC Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GTPE No data; PEVC 4.38%
Payout (12M): GTPE None; PEVC $1.28
Last payment: GTPE No data; PEVC $0.01
Ex-dividend: GTPE No data; PEVC Sep 3, 2026
Paid on: GTPE No data; PEVC Sep 8, 2026
Frequency: GTPE No data; PEVC Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

GTPEAll GTPE payments⁠

No distribution history available.

PEVCQuarterly · 7 paymentsAll PEVC payments⁠

GTPE vs PEVC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GTPE 15.3%since Nov 2025PEVC 20.6%since Mar 2025
Return per unit of riskSharpe ratio, 3 years: GTPE 0.88since Nov 2025PEVC 0.63since Mar 2025
Worst fallMax drawdown, 5 years: GTPE −8.9%since Oct 2025PEVC −28.9%since Feb 2025
Market sensitivityBeta, 5 years: GTPE 0.99PEVC 1.42; Market = 1

GTPE and PEVC in the news

All news⁠

ETF Filings
Tidal files Defiance’s pre-IPO ETF, with 80% in swaps not shares
Sep 7, 2026GTPE

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GTPE vs PEVC

In short

Stated mandate

Why people hold it

Worth knowing

How GTPE and PEVC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GTPE

Only in PEVC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Tidal files Defiance’s pre-IPO ETF, with 80% in swaps not shares

How GTPE and PEVC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GTPE

Only in PEVC

Weight gaps