ERShares VC Lens: Global Innovation Investing Across Public and Private Markets
Global innovation does not come from one country, one sector, or one market cycle.
Why Invest Globally with ERShares' Proprietary VC Lens?
ERShares applies this proprietary VC Lens across public and private markets to evaluate companies through the same type of forward-looking framework often used by venture investors: market size, founder vision, product relevance, competitive positioning, scalability, execution quality, capital efficiency, and long-term innovation potential.
Our goal is simple: to help investors access innovation earlier, more intelligently, and with a long-term shareholder-alignment mindset.
What Is the ERShares VC Lens?
At ERShares, we believe the next generation of category-defining companies may emerge anywhere in the world. That is why our investment approach is built around a proprietary VC Lens — a venture-capital-style research framework designed to identify innovative companies with strong leadership, scalable business models, large addressable markets, and long-term growth potential.
The ERShares VC Lens is our proprietary research framework for evaluating innovative companies globally.
Rather than relying only on traditional backward-looking financial metrics, the VC Lens focuses on forward-looking characteristics often associated with transformative companies.
This proprietary process is designed to help ERShares identify companies that may be positioned to lead major innovation cycles across public and private markets.
The ERShares VC Lens evaluates:
Why Global Innovation Matters in 2026
The world is increasingly multipolar.
Innovation is no longer concentrated only in one market. Artificial intelligence, space technology, defense technology, fintech, robotics, automation, digital commerce, healthcare innovation, and next-generation infrastructure are developing across the United States and global markets.
Investing globally can help investors access companies and themes that may not be fully represented in a U.S.-only portfolio. Global markets may also move differently across cycles, creating potential diversification benefits over time.
ERShares believes global investing should not simply mean owning foreign markets broadly. It should mean identifying the companies, founders, and platforms that are helping define the next stage of economic growth.
That is where the VC Lens matters.
Key Benefits of Investing Globally with ERShares
Diversification in a Multipolar World
Global markets do not always move in lockstep with U.S. markets. Exposure to companies outside the United States may help investors participate in different growth cycles, currencies, regions, and innovation ecosystems.
ERShares seeks to identify global companies with strong leadership, scalable growth, and exposure to long-term innovation trends.
Global Exposure to Innovation
Many of the world's most important growth stories are global.
ERShares uses its proprietary VC Lens to evaluate companies across regions and sectors, seeking businesses that may benefit from structural growth, technological change, and global market expansion.
Expert Management and Proprietary Research
When investors choose ERShares, they gain access to an experienced investment team applying a disciplined, research-driven process.
Our proprietary VC Lens combines qualitative and quantitative analysis with a focus on leadership, innovation, scalability, and long-term value creation.
Accessibility for Investors
ERShares was built around the belief that investors deserve access to sophisticated innovation frameworks.
Through ERShares ETFs and mutual funds, investors can access strategies that apply a venture-capital-style lens within regulated investment vehicles.
Long-Term Innovation Focus
ERShares focuses on companies that we believe are positioned to participate in long-term innovation cycles.
Our approach is not built around short-term market noise. It is built around identifying businesses with the potential to lead, scale, and compound over time.
Investing with a VC Lens — Not Just a Traditional Equity Screen
Traditional equity investing often starts with what a company has already reported.
The ERShares VC Lens asks a different set of questions:
- 01
Is this company building or reshaping a major market?
- 02
Does the company have a leadership team capable of scaling globally?
- 03
Is the product or platform becoming more relevant over time?
- 04
Does the business have a durable competitive advantage?
- 05
Is the company aligned with a major innovation cycle?
- 06
Can the company create long-term value for shareholders?
This is the difference between simply buying markets and investing through a VC Lens.
ERShares Public and Private Market Innovation Framework
ERShares applies its VC Lens across public and private markets.
Public markets
In public markets, the process is designed to identify listed companies with strong innovation characteristics, visionary leadership, scalable business models, and long-term growth potential.
Private markets
In private markets, where available through certain strategies, the process is designed to evaluate select private companies that may be positioned at the center of major innovation cycles.
ERShares XOVR: Private-Public Crossover ETF
XOVR, the ERShares Private-Public Crossover ETF, was designed to combine public innovators with select private-company exposure inside a Nasdaq-listed ETF structure.
XOVR applies the ERShares VC Lens across public and private markets. The Fund is designed to provide exposure to public innovation leaders while also including a measured sleeve of select private-company exposure.
Private-company exposures have included SpaceX, Anduril, and Klarna, though holdings are dynamic and subject to change.
XOVR was built around a simple belief: retail investors should not be last in line when new investment frameworks are created.
During the SpaceX IPO period, XOVR's SpaceX exposure reflected more than $183 million of unrealized appreciation from March 30 through June 15, 2026. Over the same period, XOVR appreciated 30.71%, with SpaceX exposure contributing significantly to ETF performance.
XOVR secured SpaceX exposure through an SPV (Special Purpose Vehicle), a structure used to provide exposure to private SpaceX shares.
These figures reflect an important moment for the Fund, but they are not the full story. The larger story is the framework behind XOVR: a proprietary VC Lens, a private-public crossover ETF structure, and a long-term focus on shareholder alignment.
ERShares ENTIX: Global Innovation Exposure
ENTIX, the ERShares Global Entrepreneurs Mutual Fund, provides exposure to a portfolio of innovative companies selected through ERShares' proprietary research process.
The Fund seeks companies with strong leadership, meaningful market opportunity, and long-term growth potential. ERShares evaluates companies using qualitative and quantitative factors, including its proprietary VC Lens and long-standing focus on leadership quality, innovation, and shareholder alignment.
ENTIX is designed for investors seeking global exposure to innovative public companies through an actively managed mutual fund strategy.
ERShares Research Process
ERShares' investment process is built around proprietary qualitative and quantitative filters.
The process emphasizes:
- Innovative business models
- Strong leadership and founder vision
- Significant market opportunity
- Scalable products or platforms
- Competitive positioning
- Economic alignment
- Long-term growth potential
- Global market relevance
- Risk management and valuation discipline
This research framework is designed to help ERShares identify companies that may be positioned to benefit from long-term innovation cycles.
Why ERShares?
ERShares was created to identify and invest in companies that we believe are shaping the future of the global economy.
Our investment team applies a proprietary VC Lens to evaluate companies across public and private markets. We focus on innovation, leadership, scalability, and long-term shareholder value.
ERShares is built for investors who want more than broad market exposure. It is built for investors who want access to a disciplined innovation framework.
Explore ERShares Investment Solutions
XOVR — ERShares Private-Public Crossover ETF
A Nasdaq-listed ETF designed to combine public innovators with select private-company exposure through ERShares' proprietary VC Lens.
Explore XOVRENTIX — ERShares Global Innovation Mutual Fund
An actively managed mutual fund strategy focused on innovative global companies selected through ERShares' proprietary research process.
Explore ENTIXFrequently Asked Questions
What is the ERShares VC Lens?
The ERShares VC Lens is a proprietary research framework that applies venture-capital-style analysis to public and private companies. It evaluates leadership quality, scalability, market opportunity, product relevance, capital efficiency, competitive positioning, and long-term growth potential.
Why does ERShares use a VC Lens?
ERShares uses a VC Lens because many of the most important innovation companies are best understood through forward-looking analysis. The VC Lens helps evaluate whether a company may be positioned to lead a major market, scale globally, and create long-term shareholder value.
Does ERShares invest in public and private companies?
ERShares strategies may invest in public companies and, in certain strategies such as XOVR, may include select private-company exposure. Holdings and exposures are dynamic and subject to change.
What is XOVR?
XOVR is the ERShares Private-Public Crossover ETF, a Nasdaq-listed ETF designed to combine public innovators with select private-company exposure through ERShares' proprietary VC Lens.
What is ENTIX?
ENTIX is the ERShares Global Entrepreneurs Mutual Fund, an actively managed mutual fund strategy focused on innovative global companies selected through ERShares' proprietary research process.
Is the VC Lens proprietary?
Yes. The ERShares VC Lens is a proprietary research framework developed by ERShares to evaluate companies through venture-capital-style analysis across public and private markets.
Why invest globally with ERShares?
ERShares believes innovation is global. Investing globally may give investors access to companies, sectors, and growth trends that are not fully represented in a U.S.-only portfolio.
Is XOVR only about SpaceX?
No. SpaceX has been an important private-company exposure for XOVR, but XOVR was not built around one company, one IPO, or one market event. XOVR is a private-public crossover ETF designed to provide exposure to innovation across public and private markets.
Information as of 2026. Holdings, exposures, AUM, portfolio characteristics, and fund details are subject to change.
Investors should carefully consider the investment objectives, risks, charges, and expenses before investing. The prospectus contains this and other important information and should be read carefully before investing.
Investing involves risk, including the possible loss of principal. There is no guarantee that any investment strategy will be successful. Past performance does not guarantee future results.
Private-company exposure may involve additional risks, including valuation risk, liquidity risk, concentration risk, limited operating history, lack of public information, and the possibility that private securities may be difficult to value or sell. The value assigned to private investments may differ materially from the value that could be realized in an actual transaction.
XOVR is distributed by Foreside Financial Services, LLC. There is no affiliation between the Fund, its investment adviser, or any of their affiliates and Foreside Financial Services, LLC.
For more information related to the risks of each fund, please refer to the applicable prospectus.