ProShares - Global Listed Private Equity ETF
PEX
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Feb 28, 2013
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares Global Listed Private Equity ETF (PEX) seeks investment results that correspond to the performance of the LPX Direct Listed Private Equity Index, a market capitalization-weighted index comprising the 30 most actively traded, globally listed private equity companies pursuing direct private equity investment strategies where such investments represent more than 80% of total assets; the fund invests principally in equity securities including common stocks of U.S. and foreign public companies, with significant exposure to business development companies (BDCs) that provide financing and managerial expertise to small- and middle-market firms. The ETF tracks the index through a replication or representative sampling strategy, maintaining at least 80% of assets in index components or instruments with similar economic characteristics, subject to quarterly rebalancing in January, April, July, and October; top holdings as of late 2025 include Ares Capital Corp. (ARCC), Main Street Capital Corp. (MAIN), 3i Group plc (III), Sofina (SOF), and Onex Corp. (ONEX), representing diversified exposure across financial services with an average market cap of approximately $4.14 billion. PEX, launched on February 26, 2013 and listed on the Cboe BZX U.S. Equities Exchange, is managed by ProShare Advisors LLC, based in Bethesda, Maryland, with a net expense ratio of 2.95% (including acquired fund fees and expenses of 2.35% and a contractual fee waiver through September 30, 2026); it distributes income quarterly and exhibits geographic concentration risks, notably in the United Kingdom and financial services sector. Recent developments include a prospectus update effective September 26, 2025, alongside ProShare Advisors' broader expansions such as surpassing $100 billion in assets under management in October 2025 and launching multiple leveraged single-stock and index-tracking ETFs throughout 2025, including those targeting 2x daily returns of the S&P 500 Equal Weight Index (August 2025) and Nasdaq-100 Top 30 Index (August 2025); the fund maintains a portfolio turnover rate of 21% and year-to-date NAV performance of approximately -0.48% as of late 2025.