Key stats
About VanEck Alternative Asset Manager ETF
Home page
Inception date
Jun 4, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
Identifiers
3
ISIN US92189H6493
GPZ is a passively managed ETF that tracks an index focused on companies involved in the alternative asset management sector. The fund targets companies from developed markets where at least 75% of revenue or operating assets are derived from private equity and other alternative asset investments. The portfolio includes investments in business development companies, venture capital, buy-outs, and equity stakes in non-public companies, as well as real estate or infrastructure assets. The investable universe is limited to the largest share class per eligible security, adhering to specific market-cap and liquidity requirements. The fund also considers IPOs, spin-offs, and SPACs. The fund selects at least 20 companies by market capitalization with a cap of 15%. The market cap-weighted portfolio is reconstituted and rebalanced on a semi-annual basis in March and September and during reviews in June and December.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.88%
Finance99.88%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
North America81.14%
Europe18.86%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GPZ top holdings are Brookfield Corporation and Blackstone Inc., occupying 11.93% and 11.77% of the portfolio correspondingly.
GPZ assets under management is 131.45 M USD. It's risen 9.52% over the last month.
GPZ fund flows account for 124.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GPZ pays dividends to its holders with the dividend yield of 0.78%. The last dividend (Dec 26, 2025) amounted to 0.22 USD. The dividends are paid annually.
GPZ shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Jun 4, 2025, and its management style is Passive.
GPZ expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
GPZ follows the MarketVector Alternative Asset Managers Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GPZ invests in stocks.
GPZ price has risen by 2.80% over the last month, and its yearly performance shows a 11.65% increase. See more dynamics on GPZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.77% over the last month, showed a 3.83% increase in three-month performance and has increased by 2.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.77% over the last month, showed a 3.83% increase in three-month performance and has increased by 2.71% in a year.
GPZ trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.