PSP - ETF AI Analysis
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Invesco Global Listed Private Equity ETF (PSP)
Rating:55Neutral
Price Target:―
Positive Factors
Global Diversification
The fund invests across several countries, which can help reduce the impact of problems in any single market.
Focused Exposure to Private Equity
The ETF gives investors simple access to a wide range of listed private equity firms that might be hard to buy individually.
Recent Short-Term Rebound
Despite weak results so far this year, the fund has shown a strong bounce over the most recent month, suggesting some recovery in sentiment.
Negative Factors
High Expense Ratio
The fund charges a relatively high annual fee, which can eat into long-term returns compared with lower-cost ETFs.
Heavy Concentration in Financials
With most of its assets in the financial sector, the ETF is very sensitive to downturns affecting private equity and related financial companies.
Weak Performance in Top Holdings
Many of the largest positions have shown weak year-to-date performance, which has weighed on the fund’s overall results.
PSP vs. SPDR S&P 500 ETF (SPY)
AUM222.71M
RegionGlobal
Expense Ratio1.80%
Beta1.17
IssuerInvesco
Inception DateOct 24, 2006
Dividend Yield6.15%
Asset ClassEquity
Index TrackedRed Rocks Global Listed Private Equity Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume89,075
30 Day Avg. Volume53,744
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
70.31Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering65
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PSP Summary
PSP is the Invesco Global Listed Private Equity ETF, which follows the Red Rocks Global Listed Private Equity Index. It invests in publicly traded private equity firms and asset managers around the world, mainly in the financial sector. Well-known holdings include Blackstone and KKR, companies that buy and grow other businesses. Someone might invest in PSP to get easy, diversified access to the private equity world, which can offer long-term growth potential. A key risk is that it can be quite volatile and may go up and down more than the overall stock market.
How much will it cost me?The Invesco Global Listed Private Equity ETF (PSP) has an expense ratio of 1.8%, which means you’ll pay $18 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche area like private equity, which requires more specialized management. While the cost is higher, it reflects the complexity and unique exposure the ETF provides.
What would affect this ETF?The Invesco Global Listed Private Equity ETF (PSP) could benefit from increased global interest in private equity investments, as well as economic growth that supports higher valuations for private equity firms like Blackstone and KKR. However, it may face challenges from rising interest rates, which can increase borrowing costs for private equity firms, and regulatory changes in the financial sector that could impact operations or profitability. Its global exposure also makes it sensitive to economic and political instability in key regions.
PSP Top 10 Holdings
PSP is essentially a global bet on listed private equity, with big names like Blackstone and KKR helping to keep the fund’s engine humming thanks to recently rising share prices, even if their year-to-date performance is still trying to catch up. European players such as HAL Trust are providing a steadier lift, while 3i Group, Partners Group, EQT, and Blue Owl have been lagging and occasionally pulling the fund’s returns back. Overall, it’s a financials-heavy, globally diversified portfolio, but performance is being driven and dragged mostly by a handful of large private equity managers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| 3i Group plc | 5.87% | $13.04M | £22.24B | -43.83% | 78 Outperform | |
| Blackstone Group | 5.07% | $11.27M | $151.21B | -10.89% | 72 Outperform | |
| HAL Trust | 4.86% | $10.80M | €14.90B | 36.91% | 81 Outperform | |
| TPG | 4.79% | $10.65M | $16.16B | -18.74% | 61 Neutral | |
| KKR & Co | 4.79% | $10.64M | $87.10B | -20.66% | 69 Neutral | |
| Partners Group Holding AG | 4.53% | $10.07M | CHF17.64B | -32.05% | 66 Neutral | |
| EQT AB | 4.51% | $10.01M | kr322.93B | -3.14% | 68 Neutral | |
| ― | 4.49% | $9.98M | ― | ― | ― | |
| CVC Capital Partners plc | 4.36% | $9.69M | €13.60B | -15.51% | 68 Neutral | |
| Blue Owl Capital | 3.93% | $8.74M | $14.86B | -49.06% | 69 Neutral |
PSP Technical Analysis
Positive
―
Price Trends
58.25
Negative
58.12
Negative
61.61
Negative
Market Momentum
-0.52
Negative
56.25
Neutral
77.29
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PSP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.58, equal to the 50-day MA of 58.25, and equal to the 200-day MA of 61.61, indicating a neutral trend. The MACD of -0.52 indicates Negative momentum. The RSI at 56.25 is Neutral, neither overbought nor oversold. The STOCH value of 77.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PSP.
PSP Peer Comparison
Comparison Results
Performance Comparison
PSP
Invesco Global Listed Private Equity ETF
58.12
-7.83
-11.87%
IHAK
iShares Cybersecurity & Tech ETF
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JETS
U.S. Global Jets ETF
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IXG
iShares Global Financials ETF
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―
―
DFNL
Davis Select Financial Etf
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IPAY
ETFMG Prime Mobile Payments ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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