ProShares Global Listed Private Equity ETF (PEX) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PEX
PEX charges 3.13% annually. There are 45 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 54.08B | Dec 1998 | PEX vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.23B | Oct 2013 | PEX vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | PEX vs VFH | |
| VanEck Financials TruSector ETF | 0.10% | 581.08K | Apr 2026 | PEX vs TRUF | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | PEX vs GABF |
Best Risk-Adjusted Alternatives to PEX
PEX has a PortfoliosLab risk / return rank of 3. There are 38 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 91 | 5.04M | Oct 2024 | PEX vs HSBH | |
| Themes Global Systemically Important Banks ETF | 86 | 28.23M | Dec 2023 | PEX vs GSIB | |
| Invesco KBW Bank ETF | 66 | 6.94B | Nov 2011 | PEX vs KBWB | |
| iShares MSCI Europe Financials ETF | 58 | 3.79B | Jan 2010 | PEX vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 57 | 26.93M | Apr 2010 | PEX vs PSCF |
Top Performing PEX Alternatives (YTD)
PEX is at -7.84% YTD. There are 39 ETFs in the Financials Equities category with higher YTD returns, going as high as 30.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 30.58% | 5.04M | Oct 2024 | PEX vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 24.78% | 90.69M | Jun 2009 | PEX vs QABA | |
| SPDR S&P Regional Banking ETF | 21.63% | 4.83B | Jun 2006 | PEX vs KRE | |
| Invesco S&P SmallCap Financials ETF | 19.69% | 26.93M | Apr 2010 | PEX vs PSCF | |
| iShares U.S. Regional Banks ETF | 19.57% | 676.67M | May 2006 | PEX vs IAT |
Lowest Volatility Alternatives to PEX
PEX has 15.97% 1-year volatility. There are 15 ETFs in the Financials Equities category with lower 1-year volatility, going as low as 11.96%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR Premium ... | 11.96% | 6.39M | Jul 2025 | PEX vs XLFI | |
| iShares MSCI Kuwait ETF | 13.38% | 71.14M | Sep 2020 | PEX vs KWT | |
| VanEck Financials TruSector ETF | 13.66% | 581.08K | Apr 2026 | PEX vs TRUF | |
| iShares Global Financials ETF | 13.87% | 607.66M | Nov 2001 | PEX vs IXG | |
| iShares U.S. Financials ETF | 14.57% | 4.22B | May 2000 | PEX vs IYF |
Lowest Drawdown Alternatives to PEX
PEX has a 1-year max drawdown of -24.72%. There are 35 ETFs in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.62% | 473.96M | May 2006 | PEX vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 261.87M | Dec 2010 | PEX vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.93M | Apr 2010 | PEX vs PSCF | |
| iShares Global Financials ETF | -11.33% | 607.66M | Nov 2001 | PEX vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 71.14M | Sep 2020 | PEX vs KWT |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 41 | 34.71% | 37.04B | Feb 2010 | PEX vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 44 | 25.90% | 14.15B | Jun 2006 | PEX vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -27.77% | 1.45B | Oct 2021 | PEX vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 51 | 24.61% | 5.47B | Jun 2009 | PEX vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 17.80% | 8.13B | Jun 2006 | PEX vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 60 | 63.25% | 2.97B | Jan 2007 | PEX vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 40 | 11.29% | 11.63B | Oct 2013 | PEX vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -38.86% | 2.09B | Feb 2010 | PEX vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 48 | 12.64% | 410.75M | Mar 2024 | PEX vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -34.93% | 216.19M | Oct 2011 | PEX vs UVXY |
Often Compared With PEX
Investors most often compare PEX with PSP, BIZD, CEFS. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare PEX with Any Fund or Stock
Compare PEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PEX with funds that move differently
ProShares Global Listed Private Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PEX.
Explore PEX Diversifiers