PEX ETF — ProShares Global Listed Private Equity ETF

ProShares Global Listed Private Equity ETF (PEX)

Updated October 16, 2026.

PEX is an ETF. its distribution rate is 4.44%, its trailing-12-month yield is 5.80%, its expense ratio is 2.75%. Dividend Vision Distribution Safety Score™ is 21/100 (Elevated risk). Total return is 94.4% over the past 13.6 years, 441.1 points behind SPY at 535.5%.

ProShares Global Listed Private Equity ETF tracks an index of publicly traded private equity companies that pursue direct private equity investment strategies, investing at least 80% of its assets in index components or economically similar instruments. The fund pays quarterly distributions and carries a current distribution rate in the moderate-to-high range, with a relatively high expense ratio of 2.75%. This ETF appeals to income-focused investors seeking exposure to listed private equity firms.

PEX performance versus SPY

Price and return data through 2026-10-16.

Total return is 94.4% over the past 13.6 years, 441.1 points behind SPY at 535.5%. Over the past year its total return — price change plus distributions reinvested — is -9.5%. Its deepest 1-year drawdown was 19.1%.

PEX key facts

Distribution Safety Score™

21 · Elevated risk

Safety-Adjusted Yield

0.93%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

02/26/2013

Expense ratio

2.75%

Distribution rate

4.44%

Distribution frequency

Quarterly

Trailing yield

5.80%

Last close

$22.09 (as of 2026-10-16)

AUM

$10,203,521

Average volume

1084.0

Dividend

$0.245

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

0.87

How Dividend Vision calculates yield and returns

Distribution rate (4.44%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.80%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PEX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 19.1%.

Who may consider PEX — and who may not

PEX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PEX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PEX

• All tickers starting with P

Frequently asked questions

More securities from ProShares.