Pacer US Export Leaders ETF
ALTAR
Score™
5.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
25.1x P/Sales
ratio
1.6x
P/BV
ratio
3.5x Div.
yield
1.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Pacer US Export Leaders ETF tracks an index of large- and midcap US stocks selected based on foreign sales and free cash flow growth. Fund holdings are equally weighted.

FUND BASICS
Category US Equities
Fund Sponsor Pacer Financial
Website www.paceretfs.com
Inception date Jul 23, 2018
Assets (mns) $2
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 100
Wgt avg mkt cap (mns) $71,821
Large cap (>$10bn) 66.6%
Mid cap ($2-10bn) 31.7%
Small cap (<$2bn) 1.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
LAM RESEARCH CORP 1.3 %
BRINK'S CO/THE 1.3 %
ALIGN TECHNOLOGY INC 1.3 %
ZEBRA TECHNOLOGIES CORP-CL A 1.3 %
KLA-TENCOR CORPORATION 1.2 %
SOLAREDGE TECHNOLOGIES, INC. 1.2 %
APPLIED MATERIALS INC 1.2 %
REPLIGEN CORP 1.2 %
CIRRUS LOGIC INC 1.2 %
MONOLITHIC POWER SYSTEMS INC 1.2 %
Total 12.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
IRELAND 2.9 %
BRITAIN 2.8 %
SWITZERLAND 1.0 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.5% 13.3% -- -- 8.5%

Market Correlations
versus... Beta R-squared
S&P500 1.25 94%
MSCI EAFE 1.32 85%
MSCI Emg. Mkts. 1.02 75%

Technical Indicators
Recent close $33.71
30d moving avg. $31.89
Annualized volatility 26.7%
Short interest (ETF) 0.1%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $41,707

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the Pacer US Export Leaders ETF ETF based on the alternatives' overlap in portfolio holdings with PEXL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PEXL Expense: 60 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PEXL
Ticker Fund
Name
Overlap1
vs PEXL
(%)
Expense
ratio
(bp)
Savings
vs PEXL
(bp)
ALTAR
Score™
(%)
ALTAR
vs PEXL
(%)
RYT Invesco S&P 500 Equal Weight Technology ETF 26.4 40 20 6.1 +0.6
RPG Invesco S&P 500 Pure Growth ETF 25.6 35 25 4.2 -1.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 24.0 59 1 4.1 -1.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 24.0 35 25 4.3 -1.2
JHMT John Hancock Multifactor Technology ETF 23.6 40 20 4.4 -1.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 22.9 75 -15 4.0 -1.5
FTC First Trust Large Cap Growth AlphaDEX Fund 20.0 61 -1 2.4 -3.1
FXL First Trust Technology AlphaDEX Fund 19.7 61 -1 3.7 -1.8
NULG Nuveen ESG Large-Cap Growth ETF 19.5 35 25 3.6 -1.9
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 19.0 57 3 4.6 -0.9
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 18.9 60 0 5.9 +0.4
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 18.8 25 35 5.7 +0.2
QTUM Defiance Quantum ETF 18.7 40 20 5.0 -0.5
FVL First Trust Value Line 100 Exchange-Traded Fund 18.3 70 -10 4.9 -0.6
FTXL First Trust Nasdaq Semiconductor ETF 18.3 60 0 3.9 -1.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 18.2 49 11 3.9 -1.6
PWB Invesco Dynamic Large Cap Growth ETF 18.2 56 4 3.3 -2.3
QGRO American Century STOXX U.S. Quality Growth ETF 17.9 29 31 3.2 -2.4
RNLC Large Cap US Equity Select ETF 17.9 60 0 5.6 +0.1
SUSA iShares MSCI USA ESG Select ETF 17.4 25 35 4.5 -1.0
VOOG Vanguard S&P 500 Growth ETF 17.2 10 50 4.2 -1.4
ESGV Vanguard ESG U.S. Stock ETF 17.1 12 48 4.8 -0.7
SPXN ProShares S&P 500 Ex-Financials ETF 16.9 27 33 4.7 -0.9
IUSG iShares Core S&P US Growth ETF 16.9 4 56 4.2 -1.3
IGM iShares Expanded Tech Sector ETF 16.8 46 14 3.6 -1.9
DSI iShares MSCI KLD 400 Social ETF 16.8 25 35 4.8 -0.7
IVW iShares S&P 500 Growth ETF 16.8 18 42 4.1 -1.4
SPYG SPDR Portfolio S&P 500 Growth ETF 16.8 4 56 4.2 -1.3
DEF Invesco Defensive Equity ETF 16.7 55 5 5.1 -0.4
JMOM JPMorgan U.S. Momentum Factor ETF 16.6 12 48 3.3 -2.2
AFLG First Trust Active Factor Large Cap ETF 16.6 55 5 4.9 -0.6
JQUA JPMorgan U.S. Quality Factor ETF 16.5 12 48 5.1 -0.4
DSTL Distillate US Fundamental Stability & Value ETF 16.5 39 21 5.9 +0.4
USXF iShares ESG Advanced MSCI USA ETF 16.4 10 50 4.7 -0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 16.3 12 48 4.2 -1.3
KRMA Global X Conscious Companies ETF 16.3 43 17 4.9 -0.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 16.2 60 0 3.9 -1.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 16.1 18 42 5.8 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 16.0 9 51 5.3 -0.2
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 16.0 59 1 3.8 -1.7
CATH Global X S&P 500 Catholic Values Custom ETF 15.9 29 31 4.8 -0.7
VUG Vanguard Growth Index Fund 15.9 4 56 3.7 -1.8
GBGR Global Beta Momentum-Growth ETF 15.9 29 31 5.2 -0.3
PBP Invesco S&P 500 BuyWrite ETF 15.8 49 11 4.7 -0.8
VOT Vanguard Mid-Cap Growth Index Fund 15.7 7 53 2.9 -2.6
ESGU iShares MSCI USA ESG Optimized ETF 15.7 15 45 4.7 -0.8
XYLG Global X S&P 500 Covered Call & Growth ETF 15.7 60 0 4.7 -0.8
IQSU IQ Candriam ESG US Equity ETF 15.6 9 51 4.8 -0.7
HSPX Global X S&P 500 Covered Call ETF 15.6 60 0 4.6 -0.9
ROUS Hartford Multifactor US Equity ETF 15.6 19 41 6.2 +0.7
HLAL Wahed FTSE USA Shariah ETF 15.6 50 10 4.2 -1.3
SPLG SPDR Portfolio Large Cap ETF 15.6 3 57 5.1 -0.4
TPLC Timothy Plan US Large Cap Core ETF 15.6 52 8 4.7 -0.8
SPY SPDR S&P 500 ETF Trust 15.6 9 51 5.0 -0.5
IVV iShares Core S&P 500 ETF 15.6 3 57 5.1 -0.4
SPMO Invesco S&P 500 Momentum ETF 15.4 13 47 4.0 -1.5
VOO VANGUARD S&P 500 ETF 15.3 3 57 5.1 -0.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 15.3 17 43 6.3 +0.8
NULC Nuveen ESG Large-Cap ETF 15.3 20 40 4.7 -0.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 15.2 20 40 5.0 -0.5
JHML John Hancock Multifactor Large Cap ETF 15.2 29 31 5.1 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 15.2 20 40 4.6 -0.9
PSET Principal Price Setters Index ETF 15.1 15 45 4.7 -0.8
SPTM SPDR Portfolio Total Stock Market ETF 15.1 3 57 5.1 -0.4
MGK Vanguard Mega Cap Growth ETF 15.1 7 53 3.9 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 15.0 0 60 4.8 -0.7
FTEC Fidelity MSCI Information Technology Index ETF 15.0 8 52 4.3 -1.2
XLK Technology Select Sector SPDR Fund 15.0 13 47 4.6 -1.0
PDP Invesco DWA Momentum ETF 14.9 62 -2 2.0 -3.5
VGT Vanguard Information Technology Index Fund 14.9 10 50 4.3 -1.2
SPXE ProShares S&P 500 Ex-Energy ETF 14.9 27 33 4.9 -0.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 14.8 2 58 4.9 -0.6
IQM Franklin Intelligent Machines ETF 14.8 50 10 1.6 -3.9
FDMO Fidelity Momentum Factor ETF 14.8 29 31 3.2 -2.3
PBUS Invesco PureBeta MSCI USA ETF 14.8 4 56 4.9 -0.6
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 14.7 60 0 3.4 -2.1
IYW iShares U.S. Technology ETF 14.7 43 17 3.7 -1.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 14.7 7 53 4.9 -0.7
XT iShares Exponential Technologies ETF 14.7 47 13 4.7 -0.8
QQQM Invesco NASDAQ 100 ETF 14.7 15 45 3.8 -1.7
SOXX iShares PHLX Semiconductor ETF 14.7 46 14 5.0 -0.5
QQQ Invesco QQQ Trust 14.7 20 40 3.8 -1.7
QYLD Global X NASDAQ 100 Covered Call ETF 14.7 60 0 3.4 -2.1
SCHX Schwab U.S. Large-Cap ETF 14.6 3 57 4.8 -0.7
MGC Vanguard Mega Cap Index Fund 14.6 7 53 4.8 -0.7
SCHK Schwab 1000 Index ETF 14.6 5 55 4.9 -0.7
FLQL Franklin LibertyQ U.S. Equity ETF 14.6 15 45 5.9 +0.4
SPLV Invesco S&P 500 Low Volatility ETF 14.6 25 35 5.5 -0.0
IWB iShares Russell 1000 ETF 14.6 15 45 4.8 -0.8
SNPE Xtrackers S&P 500 ESG ETF 14.6 10 50 4.8 -0.7
NUSI Nationwide Risk-Managed Income ETF 14.6 68 -8 3.5 -2.0
IWL iShares Russell Top 200 ETF 14.5 15 45 4.7 -0.9
EFIV SPDR S&P 500 ESG ETF 14.5 10 50 4.8 -0.7
IYY iShares Dow Jones U.S. ETF 14.5 20 40 4.7 -0.8
VV Vanguard Large-Cap Index Fund 14.4 4 56 4.9 -0.7
VEGN US Vegan Climate ETF 14.3 60 0 4.7 -0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 14.3 27 33 4.7 -0.9
VTHR Vanguard Russell 3000 Index Fund 14.2 10 50 4.7 -0.8
JKH iShares Morningstar Mid-Cap Growth ETF 14.2 30 30 1.9 -3.6

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

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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 Export Leaders ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 18.8 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.50
 
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.