Pacer US Cash Cows Growth ETF
ALTAR
Score™
7.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.4x P/Sales
ratio
2.6x
P/BV
ratio
3.8x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Pacer U.S. Cash Cows Growth ETF tracks a fundamental-selected and -weighted index of U.S. growth equities.

FUND BASICS
Category US Equities
Fund Sponsor Pacer Financial
Website www.paceretfs.com
Inception date May 02, 2019
Assets (mns) $1
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $135,735
Large cap (>$10bn) 87.5%
Mid cap ($2-10bn) 12.6%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 5.6 %
MICRON TECHNOLOGY INC 5.4 %
LOCKHEED MARTIN CORP 5.4 %
APPLIED MATERIALS INC 5.3 %
NORTHROP GRUMMAN CORP 5.1 %
LAM RESEARCH CORP 5.0 %
QUALCOMM INC 4.9 %
BROADCOM INC. 4.8 %
BOOKING HOLDINGS INC. 4.8 %
CONOCOPHILLIPS 4.5 %
Total 50.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.3% -- -- -- 10.4%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $26.56
30d moving avg. $26.32
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 1
Turnover 2.0%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $20,426

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Pacer US Cash Cows Growth ETF ETF based on the alternatives' overlap in portfolio holdings with BUL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BUL Expense: 60 bp ALTAR Score™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BUL
Ticker Fund
Name
Overlap1
vs BUL
(%)
Expense
ratio
(bp)
Savings
vs BUL
(bp)
ALTAR
Score™
(%)
ALTAR
vs BUL
(%)
SMH VanEck Vectors Semiconductors 30.8 35 25 5.9 -1.2
SOXX iShares PHLX SOX Semiconductor 30.0 46 14 5.6 -1.5
RPG Invesco S&P 500 Pure Growth ETF 26.2 35 25 5.0 -2.1
JHMT John Hancock Multifactor Technology 23.5 40 20 5.6 -1.5
FTXL First Trust Nasdaq Semiconductor 22.8 60 0 5.6 -1.4
PSI Invesco Dynamic Semiconductors 22.1 58 2 5.2 -1.9
XNTK SPDR NYSE Technology 21.1 35 25 4.4 -2.7
RYT Invesco S&P Equal Weight Technology 20.4 40 20 6.1 -0.9
COWZ Pacer US Cash Cows 100 19.8 49 11 9.8 +2.8
QTEC First Trust NASDAQ 100 Tech 19.6 57 3 5.1 -1.9
TDIV First Trust NASDAQ Technology Dividend 18.3 50 10 6.4 -0.7
PXQ Invesco Dynamic Networking 17.5 63 -3 3.7 -3.4
SPGP Invesco S&P 500 GARP 16.7 35 25 7.8 +0.7
XSD SPDR S&P Semiconductors 15.9 35 25 4.2 -2.9
TDV ProShares S&P Technology Dividend Aristocrats 15.5 45 15 5.2 -1.8
FIVG Defiance Next Gen Connectivity ETF 15.5 30 30 4.8 -2.2
SPYB SPDR S&P 500 Buyback 15.2 35 25 8.3 +1.3
PKW Invesco Buyback Acheivevers 14.6 62 -2 6.4 -0.6
IYW iShares US Technology 14.1 42 18 4.6 -2.5
XLK Technology Select Sector SPDR 14.1 13 47 5.0 -2.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Pacer US Cash Cows Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 28.1 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.56
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.