Zacks Investment Research
Should You Invest in the VanEck Alternative Asset Manager ETF (GPZ)?
The VanEck Alternative Asset Manager ETF (GPZ), launched in June 2025, has underperformed significantly with a year-to-date loss of 21.29% and a Zacks ETF Rank of 4 (Sell). The fund tracks alternative asset managers across private equity, venture capital, and private credit with a 0.4% expense ratio. Top holdings include Brookfield Corp, Blackstone Inc, and KKR & Co Inc. Better alternatives in the space include Invesco Global Listed Private Equity ETF (PSP) and VanEck BDC Income ETF (BIZD).
