GPZ - ETF AI Analysis

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VanEck Alternative Asset Manager ETF (GPZ)

Rating:57Neutral

Price Target:―

GPZ, the VanEck Alternative Asset Manager ETF, has a solid but not outstanding overall rating, mainly driven by strong alternative asset managers like Blackstone, Apollo Global Management, Ares Management, and Intermediate Capital Group, which benefit from robust financial performance, growth in assets under management, and generally positive earnings calls. However, some holdings such as Carlyle Group and TPG face headwinds from high leverage, cash flow or profitability pressures, and potential overvaluation, which weigh on the fund’s rating. The main risk factor is the ETF’s concentration in a single niche—alternative asset managers—meaning that sector-specific issues like high leverage, valuation swings, or regulatory changes could affect many holdings at the same time.

Positive Factors

Focused Exposure to Alternative Asset Managers

The ETF targets a specialized group of alternative asset management companies, giving investors direct access to a niche part of the financial sector that can behave differently from traditional banks.

Global Mix Within a U.S.-Led Portfolio

While most holdings are U.S.-based, the fund also includes companies from the UK, Switzerland, Sweden, Canada, and France, adding some international diversification.

Moderate Expense Ratio for a Niche Strategy

The fund’s expense ratio is moderate for a specialized ETF, helping investors keep more of any returns compared with higher-cost niche products.

Negative Factors

Heavy Concentration in Financials

With almost all assets in the financial sector, the ETF is highly sensitive to downturns in financial markets and industry-specific risks.

Top Holdings Under Recent Pressure

Several of the largest positions have shown weak year-to-date performance, which can drag on the fund’s overall results in the near term.

Meaningful Single-Stock Exposure

A small number of companies make up a large share of the portfolio, increasing the impact that any one stock’s poor performance can have on the ETF.

GPZ vs. SPDR S&P 500 ETF (SPY)

AUM130.16M

RegionDeveloped Markets

Expense Ratio0.40%

Beta1.43

IssuerVanEck

Inception DateJun 04, 2025

Dividend Yield0.95%

Asset ClassEquity

Index TrackedMarketVector Alternative Asset Managers Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume264,687

30 Day Avg. Volume134,966

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

32.50

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering20

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

GPZ Summary

The VanEck Alternative Asset Manager ETF (GPZ) follows the MarketVector Alternative Asset Managers Index, focusing on companies that run alternative investments like private equity and business development companies. It mainly holds financial firms such as Blackstone and Brookfield, which manage money for pensions, institutions, and wealthy investors. Someone might invest in GPZ to seek growth and diversification beyond traditional stocks and bonds, by tapping into the expanding world of alternative assets. A key risk is that it is heavily concentrated in financial companies, so its price can rise or fall sharply with that sector.

How much will it cost me?The VanEck Alternative Asset Manager ETF (GPZ) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is focused on a specific niche within the financial sector and may require more active management compared to broad, passively managed funds.

What would affect this ETF?The VanEck Alternative Asset Manager ETF (GPZ) could benefit from growing interest in alternative investments like private equity and business development companies, especially as investors seek diversification beyond traditional financial products. However, it may face challenges from rising interest rates, which can increase borrowing costs for asset managers, and regulatory changes that could impact the operations of firms in this niche. Its focus on developed markets and heavy exposure to financials makes it sensitive to broader economic conditions and sector-specific trends.

GPZ Top 10 Holdings

GPZ is essentially a pure play on alternative asset managers, with the fund’s fate tied closely to a handful of big private equity names. Blackstone and Brookfield are the steady anchors, not surging but helping keep the ship on course. Ares and Carlyle have been rising more convincingly, giving the ETF some welcome lift. On the flip side, KKR and Apollo have been lagging lately, acting like a bit of a brake on performance. While it’s globally diversified across developed markets, this is still a financials-heavy, alt‑asset story at its core.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
BN	Brookfield Corporation	13.72%	$17.19M	$117.46B	15.39%	―
BX	Blackstone Group	11.31%	$14.17M	$163.30B	-23.27%	72 Outperform
KKR	KKR & Co	8.43%	$10.56M	$92.35B	-24.46%	69 Neutral
APO	Apollo Global Management	7.45%	$9.34M	$72.76B	-24.52%	75 Outperform
ARES	Ares Management	5.98%	$7.50M	$43.79B	-27.74%	70 Outperform
PGHN	Partners Group Holding AG	5.24%	$6.57M	CHF24.86B	-34.64%	66 Neutral
EQT	EQT AB	4.89%	$6.13M	kr360.10B	-16.83%	68 Neutral
BAM	Brookfield Asset Management Ltd. Class A	4.75%	$5.95M	$85.71B	-16.90%	―
CG	Carlyle Group	4.69%	$5.87M	$19.79B	1.86%	59 Neutral
ICG	Intermediate Capital	4.56%	$5.72M	£4.95B	-28.18%	76 Outperform

GPZ Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

26.80

Negative

100DMA

26.41

Negative

200DMA

Market Momentum

MACD

-0.78

Positive

RSI

32.17

Neutral

STOCH

25.86

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GPZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.50, equal to the 50-day MA of 26.80, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.78 indicates Positive momentum. The RSI at 32.17 is Neutral, neither overbought nor oversold. The STOCH value of 25.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GPZ.

GPZ Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GPZ	―	―	$130.16M	0.40%	―
PBPH	―	―	$404.74M	0.13%	―
SRVR	―	―	$380.51M	0.49%	―
PBOG	―	―	$301.39M	0.13%	―
SNSR	―	―	$210.02M	0.68%	―
FINX	―	―	$201.41M	0.68%	―

Performance Comparison

GPZ

VanEck Alternative Asset Manager ETF

23.72

-1.52

-6.02%

PBPH

Portfolio Building Block World Pharma and Biotech Index ETF

―

SRVR

Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF

―

PBOG

Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF

―

SNSR

Global X Internet of Things ETF

―

FINX

Global X Fintech Etf

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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