XOVR

EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF

$20.13
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF (XOVR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the ERShares Private-Public Crossover Index.

Overview

ETF tracking EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF

Category Other
Issuer Other
Inception Date 2023-11-14
Market Cap $463.5M
Average Volume N/A
Dividend Yield N/A
52-Week Range $14.55 - $21.71
VWAP $20.00

Performance

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Investment Summary

📎 Investment Objective

The EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF (XOVR) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the ERShares Private-Public Crossover Index.

🎯 Investment Strategy

The ETF invests in a portfolio of public companies that have recently transitioned from private to public ownership, as well as private companies that are expected to go public in the near future. The fund aims to capture the potential upside of these crossover companies during their transition period.

✨ Key Features

  • Exposure to a portfolio of private-to-public crossover companies
  • Potential to capture growth during the transition from private to public markets
  • Diversified across sectors and industries related to entrepreneurship and innovation
  • Actively managed strategy to identify promising crossover opportunities

⚠️ Primary Risks

  • Higher volatility and risk profile compared to broader market indexes
  • Liquidity risk for private company holdings
  • Potential for increased valuation risk and market corrections
  • Reliance on the fund manager's ability to identify and select successful crossover companies

👤 Best For

This ETF may be suitable for investors with a higher risk tolerance who are seeking exposure to the growth potential of companies transitioning from private to public ownership. It is best suited for investors with a long-term investment horizon who can withstand the increased volatility associated with this specialized investment strategy.