CPSE ETF was created for the government to divest its stake in public sector units via the exchange-traded fund (ETF) route.

According to myinvestmentidea.com, here is how the ETF has performed in the last 1-3 years.

- CPSE ETF has given 6.3% annualized returns in the last three years, while Nifty has given 11.2% annualized returns in the same period

- CPSE ETF has given 15% negative returns in the last one year, while Nifty has given 5.6% annualized returns

- Since its inception, CPSE ETF has given 18% returns.

Considering these factors, you might want to give the ETF a miss.