XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%
Key takeaways
- NVIDIA (NVDA) and Meta Platforms (META) anchor the public holdings, while the fund’s 1.81% expense ratio compounds underperformance versus cheaper alternatives like QQQ.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF didn t make the cut.
- The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple.
XOVR Promised Pre IPO Space X Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9% Omor Ibne Ehsan Tue, May 26, 2026 at 11:59 PM GMT+7 5 min read XOVR RKLB ^GSPC SPAX.PVT NVDA Quick Read ERShares Private-Public Crossover ETF (XOVR) holds ~$281 million in Space X (23% of fund) ahead of the company’s IPO targeting mid-June 2026 at ~$1.5 trillion valuation, but the fund is down 2% YTD versus the S&P 500 up 9.7%, trailing comparable growth ETFs significantly due to Level 3 valuation marks that lag public price discovery. NVIDIA (NVDA) and Meta Platforms (META) anchor the public holdings, while the fund’s 1.81% expense ratio compounds underperformance versus cheaper alternatives like QQQ.
SpaceX’s imminent IPO is the primary catalyst reshaping XOVR’s performance prospects, as the private valuation mark will convert to a real public price and eliminate the pre-IPO premium that justified the fund’s higher fees and opacity.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF didn t make the cut. Grab the names FREE today.