PEX vs. VPC
Compare and contrast key facts about ProShares Global Listed Private Equity ETF (PEX) and Virtus Private Credit Strategy ETF (VPC).
PEX and VPC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PEX is a passively managed fund by ProShares that tracks the performance of the LPX Direct Listed Private Equity Index. It was launched on Feb 26, 2013. VPC is a passively managed fund by Virtus Investment Partners that tracks the performance of the Indxx Private Credit Index. It was launched on Feb 7, 2019. Both PEX and VPC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEX or VPC.
Correlation
The correlation between PEX and VPC is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PEX vs. VPC - Performance Comparison
Key characteristics
PEX:
0.24
VPC:
-0.00
PEX:
0.46
VPC:
0.09
PEX:
1.06
VPC:
1.01
PEX:
0.23
VPC:
-0.00
PEX:
1.07
VPC:
-0.01
PEX:
4.00%
VPC:
4.02%
PEX:
17.55%
VPC:
14.24%
PEX:
-49.17%
VPC:
-53.45%
PEX:
-7.19%
VPC:
-9.95%
Returns By Period
In the year-to-date period, PEX achieves a -1.41% return, which is significantly higher than VPC's -5.19% return.
PEX
-1.41%
-1.94%
1.27%
4.20%
13.37%
6.01%
VPC
-5.19%
-4.66%
-3.64%
-0.11%
14.79%
N/A
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PEX vs. VPC - Expense Ratio Comparison
PEX has a 3.13% expense ratio, which is lower than VPC's 5.53% expense ratio.
Risk-Adjusted Performance
PEX vs. VPC — Risk-Adjusted Performance Rank
PEX
VPC
PEX vs. VPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Global Listed Private Equity ETF (PEX) and Virtus Private Credit Strategy ETF (VPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PEX vs. VPC - Dividend Comparison
PEX's dividend yield for the trailing twelve months is around 14.46%, more than VPC's 11.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEX ProShares Global Listed Private Equity ETF | 14.46% | 14.11% | 13.02% | 1.77% | 13.64% | 5.52% | 7.94% | 4.72% | 24.26% | 4.32% | 12.50% | 6.28% |
VPC Virtus Private Credit Strategy ETF | 11.83% | 11.26% | 11.71% | 10.74% | 6.31% | 10.05% | 8.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PEX vs. VPC - Drawdown Comparison
The maximum PEX drawdown since its inception was -49.17%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for PEX and VPC. For additional features, visit the drawdowns tool.
Volatility
PEX vs. VPC - Volatility Comparison
ProShares Global Listed Private Equity ETF (PEX) has a higher volatility of 12.82% compared to Virtus Private Credit Strategy ETF (VPC) at 11.66%. This indicates that PEX's price experiences larger fluctuations and is considered to be riskier than VPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.