VanEck Global Listed Private Equity ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $296 (0.59% a year), so GPEQ is $55 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 50 securities · top 10 = 61.0%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −6.3 | −12.8 | −5.4 | 2.5 | 1.1 | −2.1 | 7.0 | 4.1 | −8.2 | −2.0 | −21.3YTD | ||
| 2025 | 6.4 | −6.0 | −6.8 | −3.0 | 3.6 | 4.1 | 5.2 | −2.0 | −3.3 | −3.6 | −1.1 | 1.3 | −6.2 |
| 2024 | 4.5 | 3.7 | 3.7 | −1.9 | 2.1 | −1.3 | 8.6 | −5.6 | 3.4 | 6.4 | 6.8 | 1.5 | 35.9 |
| 2023 | 7.5 | 4.6 | −6.1 | 2.9 | 4.6 | 2.6 | 7.4 | 1.1 | 0.2 | −6.7 | 13.0 | 6.4 | 42.5 |
| 2022 | −6.6 | −7.3 | −0.5 | −7.1 | 1.7 | −12.8 | 7.3 | −0.8 | −7.5 | 8.0 | 5.1 | −6.3 | −25.6 |
| 2021 | −3.2 | −3.2 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
GPEQ questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Global Listed Private Equity ETF?
VanEck Global Listed Private Equity ETF holds 50 securities, and its ten largest positions make up 61.0% of the fund, more concentrated than the 35.9% typical of Global ex-Australia equity funds. That makes it fairly concentrated.
Its largest country exposure is United States at 54.9%, based on holdings as at 3 Sept 2026.
Which ETFs does GPEQ double up with most?
GPEQ shares the most holdings with VanEck Global Listed Private Credit (AUD Hedged) ETF (LEND) (19% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
None of these overlaps is above half, so pairing GPEQ with one of them adds some genuinely different holdings.
How is VanEck Global Listed Private Equity ETF managed – active or passive?
VanEck Global Listed Private Equity ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for GPEQ?
GPEQ charges a management fee of 0.65% a year, about $65 for every $10,000 invested. Only 27% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
Lower-cost funds with a similar focus include Vanguard MSCI Index International Shares ETF (VGS) at 0.18%, Vanguard MSCI Index International Shares (Hedged) ETF (VGAD) at 0.21% and iShares Global 100 ETF (IOO) at 0.40%.
If you would rather have a manager choose the investments, active options such as Vinva Global Alpha Fund - Active ETF (V1AC) at 1.35% and Hyperion Global Growth Companies Fund - Active ETF (HYGG) at 0.70% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.26% for GPEQ.
Does VanEck Global Listed Private Equity ETF follow a theme?
No. VanEck Global Listed Private Equity ETF is a broad equity fund: it aims to cover a wide slice of its market (Global ex-Australia) rather than one theme or sector.
What is under the hood of GPEQ?
As at 3 Sept 2026, GPEQ's ten largest holdings are Ares Management Corp (8.3%), Blackstone Inc (7.9%), Kkr & Co Inc (7.8%), Apollo Global Management Inc (7.6%), 3i Group Plc (7.6%), Eqt Ab (4.6%), Carlyle Group Inc/The (4.6%), Ares Capital Corp (4.4%), Icg Plc (4.1%) and Partners Group Holding Ag (4.0%). Together they make up 61.0% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for GPEQ's index are in the issuer's PDS. Its top 10 weighting of 61.0% compares with 35.9% for similar funds.
How well has VanEck Global Listed Private Equity ETF performed?
Based on its category, VanEck Global Listed Private Equity ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −22.8% over 1 year (median 6.3%; ranked 119 of 121) and 5.7% a year over 3 years (median 16.8% a year; ranked 81 of 82). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2021 it has returned 0.8% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for GPEQ; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.65% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.