XOVR is A $1.5 Billion ETF That Holds SpaceX Pre-IPO, But The Returns Are Awful

ERShares Private-Public Crossover ETF ( NASDAQ:XOVR ) attempts to solve a problem that has frustrated growth-focused investors for years: how to access high-conviction private companies before they go public while holding a diversified portfolio of public growth stocks.

24/7 Wall Street • Feb 18, 2026

This Ark Fund Gives Pre-IPO Access to SpaceX and OpenAI. But There Are Risks.

Cathie Wood's Ark Venture has stakes in top unicorns. The fund has soared but it's not for the faint of heart.

Barrons • Jan 30, 2026

XOVR: Too Little Private Exposure To Matter (Downgrade)

ERShares Private-Public Crossover ETF (XOVR) offers unique access to both public and private firms, including high-profile names like SpaceX and Anduril. The fund employs a proprietary 'entrepreneur factor' weighting model, which has had periods of out- and underperformance of the broader market, and led to a tech-heavy portfolio. XOVR's inclusion of private stocks provides exposure typically unavailable to most investors, enhancing portfolio diversification. However, recent changes have reduced the private firm exposure from 10%+ to under 3%.

Seeking Alpha • Dec 31, 2025

Elon Musk's Space Data Centers: 3 ETFs to Ride the AI Boom to the Stars

As the artificial intelligence (AI) boom advances, its vast computational power demands are putting the data centers that house the technology on the path of severe, earthbound limitations: skyrocketing energy consumption that strains electric grids, land scarcity in suitable locations, and regulatory hurdles over its environmental and ethical impacts.

24/7 Wall Street • Nov 5, 2025

AI, Robotics, And Drones Have Changed Defense Firms Forever

Defense industry giants like Lockheed (LMT) and Raytheon (RTX) retain top spots, but innovative firms and European players are gaining ground. Boeing (BA) has fallen in defense revenue rankings, while newcomers like GE Aerospace (GE), SpaceX, and Palantir show strong growth potential. To capture defense innovation, I recommend ETFs such as SHLD, EUAD, and WDEF, with SHLD as a top pick for technology-driven exposure.

Seeking Alpha • Nov 3, 2025

XOVR: Structured Agility In An Innovation-Driven Portfolio

ERShares Private-Public Crossover ETF (XOVR) offers retail investors unique access to both public innovators and select private companies like SpaceX. XOVR employs a proprietary Entrepreneur Factor model, balancing innovation, growth, and risk with a cap on private equity exposure and a $2.5B minimum market cap. The actively managed, high-conviction portfolio demonstrates significant agility, frequent turnover, and the ability to use options and short selling for risk management.

Seeking Alpha • Oct 23, 2025

ERShares' XOVR ETF Opens the Door to Pre-IPO Stage Investing

NEW YORK , Oct. 14, 2025 /PRNewswire/ -- ERShares' Private-Public Crossover ETF (XOVR) has become the first ETF to provide investors exposure at the IPO stage. This milestone - historically reserved for venture capital, insiders, and institutions - was illustrated with Klarna's recent IPO.

PRNewsWire • Oct 14, 2025

EntrepreneurShares With Klarna, XOVR Becomes First ETF to Provide IPO Exposure

NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- ERShares' Private-Public Crossover ETF (XOVR) has become the first ETF to provide investors exposure at the IPO stage. This milestone - historically reserved for venture capital, insiders, and institutions - was illustrated with Klarna's recent IPO.

GlobeNewsWire • Oct 9, 2025

(Updated) With Klarna, XOVR Becomes First ETF to Provide IPO Exposure

NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- ERShares' Private-Public Crossover ETF (XOVR) has become the first ETF to provide investors exposure at the IPO stage. This milestone - historically reserved for venture capital, insiders, and institutions - was illustrated with Klarna's recent IPO.

GlobeNewsWire • Oct 9, 2025

XOVR Draws You In With SpaceX, But It Remains A Tech-Edge Fund

XOVR grabs attention with a 15% exposure to private companies through SPVs. However, it makes you forget that 85% is actually in publicly traded companies, with a strong tech-edge focus. Which is why, after the 2024 update, its performance closely tracks that of the VGT ETF.

Seeking Alpha • Aug 7, 2025