ERShares' XOVR ETF: A Blend of Public and Private Equity
The ERShares Private-Public Crossover ETF (XOVR) is a pioneering fund that combines 85% public stocks with 15% private company investments, including firms like SpaceX and Rocket Lab. Designed to identify category leaders across industries—similar to how it recognized Nvidia in the early 2000s—the ETF has seen significant growth, rising by about 27.5% in Q2 2026 and growing its assets under management from $400 million to $2.2 billion within a quarter. XOVR's success is attributed to organic retail investor demand rather than institutional activity. The fund includes protective measures such as rejecting large institutional flows before the SpaceX IPO and charging a 2% fee on big orders to prevent arbitrage dilution, ensuring long-term value for shareholders.