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GPZ vs LSEQ

VanEck Alternative Asset Manager ETF vs Harbor Long-Short Equity ETF

GPZ

VanEck Alternative Asset Manager ETF

VanEck

Annual cost

0.40%

Fund size

$245M

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

Key differences

  • GPZ costs 1.88% less per year.
  • GPZ is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • GPZ is classified as equity, while LSEQ is alternative — different risk/return profiles.
  • GPZ follows a index tracking strategy; LSEQ uses long short.

Side-by-side comparison

GPZLSEQ
Annual cost (TER)0.40%2.28%
Fund size (AUM)$245M$15M
Since20252023
Dividend yield1.78%
Asset classequityalternative
Regionnorth america
Strategyindex trackinglong short
CAGR 1YN/A+19.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y14.96%
Max drawdown-31.72%-8.35%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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