See what your fund actually adds
VanEck Alternative Asset Manager ETF GPZ
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | GPZ | Replication |
|---|---|---|
| Annualized growth | -10.9% | 9.8% |
| Annualized volatility | 25.5% | 13.8% |
| Sharpe ratio | -0.33 | 0.75 |
| Maximum drawdown | 30.5% | 14.5% |
| Replication fit (R²) | 0.52 · Tracking error 17.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model GPZ’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLF | Sector · Financials | 37.6% |
| XLY | Sector · Cons Discr | 34.7% |
| XLK | Sector · Technology | 12.1% |
| VOT | Mid-Cap · Growth | 8.3% |
| IBIT | Alternatives · Bitcoin | 7.2% |