Pacer Military Times Best Employers ETF
ALTAR
Score™
7.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.8x P/Sales
ratio
1.3x
P/BV
ratio
1.9x Div.
yield
2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VETS tracks an equally weighted index of US companies with veteran- and military-friendly employment practices.

FUND BASICS
Category US Equities
Fund Sponsor Pacer Financial
Website www.paceretfs.com
Inception date Apr 09, 2018
Assets (mns) $1
Currency USD
Expense ratio 60 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 48
Wgt avg mkt cap (mns) $108,599
Large cap (>$10bn) 88.2%
Mid cap ($2-10bn) 9.9%
Small cap (<$2bn) 1.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BOEING CO 2.7 %
AMAZON.COM INC 2.4 %
CITIGROUP INC 2.3 %
TRAVELERS COS INC/THE 2.3 %
SOUTHWEST AIRLINES CO 2.3 %
ACCENTURE PLC-CL A 2.3 %
UNITED RENTALS INC 2.2 %
CDW CORP/DE 2.2 %
GENERAL ELECTRIC CO 2.2 %
US BANCORP 2.2 %
Total 22.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
IRELAND 4.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.6% -2.1% -- -- 6.2%

Market Correlations
versus... Beta R-squared
S&P500 0.89 87%
MSCI EAFE 0.89 73%
MSCI Emg. Mkts. 0.59 49%

Technical Indicators
Recent close $28.21
30d moving avg. $28.82
Annualized volatility 18.5%
Short interest (ETF) 0.0%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $40,494

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Pacer Military Times Best Employers ETF ETF based on the alternatives' overlap in portfolio holdings with VETS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VETS Expense: 60 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VETS
Ticker Fund
Name
Overlap1
vs VETS
(%)
Expense
ratio
(bp)
Savings
vs VETS
(bp)
ALTAR
Score™
(%)
ALTAR
vs VETS
(%)
JKF iShares Morningstar Large Cap Value ETF 23.7 25 35 7.6 +0.7
SPMV Invesco S&P 500 Minimum Variance ETF 23.2 10 50 5.9 -1.1
IWX iShares Russell Top 200 Value ETF 21.9 20 40 7.2 +0.3
PWV Invesco Dynamic Large Cap Value ETF 21.8 55 5 8.9 +1.9
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 21.8 15 45 6.9 -0.1
SYV SPDR MFS Systematic Value Equity ETF 21.5 60 0 7.5 +0.6
FMK First Trust Mega Cap AlphaDEX Fund 21.5 70 -10 5.2 -1.7
RAFE PIMCO RAFI ESG U.S. ETF 21.3 29 31 7.9 +0.9
RWL Invesco S&P 500 Revenue ETF 21.3 39 21 7.3 +0.3
ACIO Aptus Collared Income Opportunity ETF 21.0 79 -19 4.4 -2.6
SCHV Schwab U.S. Large-Cap Value ETF 20.7 4 56 7.2 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 20.6 4 56 7.5 +0.5
IVE iShares S&P 500 Value ETF 20.6 18 42 7.3 +0.4
VOOV Vanguard S&P 500 Value ETF 20.6 15 45 7.4 +0.5
EQWL Invesco Russell Top 200 Equal Weight ETF 20.5 25 35 6.2 -0.8
VYM Vanguard High Dividend Yield Index ETF 20.4 6 54 7.4 +0.5
MGV Vanguard Mega Cap Value ETF 20.4 7 53 7.3 +0.4
REVS Columbia Research Enhanced Value ETF 19.9 19 41 7.8 +0.9
FLLV Franklin Liberty U.S. Low Volatility ETF 19.6 29 31 5.9 -1.1
IUSV iShares Core S&P U.S. Value ETF 19.5 4 56 7.6 +0.6
DURA VanEck Vectors Morningstar Durable Dividend ETF 19.1 29 31 7.2 +0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 19.0 28 32 6.4 -0.5
EPS WisdomTree U.S. Earnings 500 Fund 19.0 8 52 6.5 -0.4
IEFN iShares Evolved U.S. Financials ETF 18.6 18 42 9.5 +2.6
FVAL Fidelity Value Factor ETF 18.6 29 31 8.1 +1.2
VTV Vanguard Value Index Fund 18.5 4 56 7.5 +0.5
SPXT ProShares S&P 500 Ex-Technology ETF 18.5 27 33 5.7 -1.2
PRF Invesco FTSE RAFI US 1000 ETF 18.4 39 21 6.9 -0.1
BVAL Brand Value ETF 18.4 65 -5 6.2 -0.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 18.3 60 0 3.4 -3.6
PFM Invesco Dividend Achievers ETF 18.0 54 6 5.5 -1.5
VLU SPDR S&P 1500 Value Tilt ETF 17.9 12 48 7.5 +0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 17.9 25 35 6.6 -0.4
OEF iShares S&P 100 ETF 17.7 20 40 4.8 -2.1
DGRO iShares Core Dividend Growth ETF 17.6 8 52 6.7 -0.3
DIVB iShares U.S. Dividend & Buyback ETF 17.6 25 35 6.7 -0.3
NACP Impact Shares NAACP Minority Empowerment ETF 17.5 75 -15 4.6 -2.4
USDY Pacific Global US Equity Income ETF 17.5 29 31 7.3 +0.3
DTD WisdomTree U.S.Total Dividend Fund 17.4 28 32 6.7 -0.3
ACSI American Customer Satisfaction Core Alpha ETF 17.4 66 -6 5.8 -1.2
IWD iShares Russell 1000 Value ETF 17.4 19 41 7.2 +0.3
VONV Vanguard Russell 1000 Value Index Fund 17.4 8 52 7.4 +0.4
XLG Invesco S&P 500 Top 50 ETF 17.2 20 40 4.5 -2.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 17.1 20 40 5.0 -2.0
USMV iShares Edge MSCI Min Vol USA ETF 17.0 15 45 5.5 -1.4
MOAT VanEck Vectors Morningstar Wide Moat ETF 17.0 49 11 6.4 -0.6
XLF Financial Select Sector SPDR Fund 16.9 13 47 8.5 +1.5
SPVU Invesco S&P 500 Enhanced Value ETF 16.9 13 47 11.5 +4.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 16.8 12 48 4.9 -2.1
IWL iShares Russell Top 200 ETF 16.7 15 45 5.1 -1.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 16.6 29 31 6.3 -0.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 16.5 25 35 6.6 -0.4
MGC Vanguard Mega Cap Index Fund 16.5 7 53 5.3 -1.7
BKLC BNY Mellon US Large Cap Core Equity ETF 16.4 0 60 5.3 -1.7
SPLV Invesco S&P 500 Low Volatility ETF 16.4 25 35 5.7 -1.2
RECS Columbia Research Enhanced Core ETF 16.4 15 45 5.7 -1.3
LVUS Hartford Multifactor Low Volatility US Equity ETF 16.0 19 41 6.1 -0.9
KRMA Global X Conscious Companies ETF 15.9 43 17 5.3 -1.7
FTHI First Trust High Income ETF 15.9 85 -25 5.0 -1.9
JHMI John Hancock Multifactor Industrials ETF 15.8 40 20 6.1 -0.9
YLDE ClearBridge Dividend Strategy ESG ETF 15.8 60 0 5.0 -1.9
RDVY First Trust Rising Dividend Achievers ETF 15.8 50 10 8.0 +1.1
ROUS Hartford Multifactor US Equity ETF 15.8 19 41 7.3 +0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 15.8 37 23 5.9 -1.0
FTLB First Trust Hedged BuyWrite Income ETF 15.7 85 -25 5.0 -1.9
QLV FlexShares US Quality Low Volatility Index Fund 15.7 22 38 4.9 -2.1
SNPE Xtrackers S&P 500 ESG ETF 15.6 11 49 5.2 -1.8
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 15.6 30 30 9.8 +2.9
SPXV ProShares S&P 500 Ex-Health Care ETF 15.5 27 33 5.1 -1.9
OUSA O'Shares FTSE US Quality Dividend ETF 15.5 48 12 5.7 -1.2
QUS SPDR MSCI USA StrategicFactors ETF 15.4 15 45 5.9 -1.1
NULV Nuveen ESG Large-Cap Value ETF 15.4 35 25 7.4 +0.5
ESG FlexShares STOXX US ESG Impact Index Fund 15.3 32 28 5.1 -1.8
CCOR Core Alternative ETF 15.3 123 -63 4.4 -2.6
SPXE ProShares S&P 500 Ex-Energy ETF 15.3 27 33 5.4 -1.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 15.2 20 40 5.4 -1.6
VFH Vanguard Financials Index Fund 15.2 10 50 9.0 +2.1
EDOW First Trust Dow 30 Equal Weight ETF 15.2 50 10 6.0 -0.9
FDL First Trust Morningstar Dividend Leaders Index Fund 15.2 45 15 10.3 +3.4
IYJ iShares U.S. Industrials ETF 15.1 42 18 5.9 -1.0
PBP Invesco S&P 500 BuyWrite ETF 15.1 49 11 5.0 -1.9
SFY SoFi Select 500 ETF 15.1 0 60 5.3 -1.7
FNCL Fidelity MSCI Financials Index ETF 15.1 8 52 9.0 +2.1
RYF Invesco S&P 500 Equal Weight Financials ETF 15.0 40 20 9.9 +3.0
SPY SPDR S&P 500 ETF Trust 15.0 9 51 5.4 -1.6
IVV iShares Core S&P 500 ETF 14.9 4 56 5.5 -1.5
SPLG SPDR Portfolio Large Cap ETF 14.9 3 57 5.5 -1.5
VOO VANGUARD S&P 500 ETF 14.9 3 57 5.5 -1.5
LSLT Salt Low truBeta US Market ETF 14.9 29 31 6.1 -0.9
IUS Invesco Strategic US ETF 14.8 19 41 6.7 -0.2
FDRR Fidelity Dividend ETF for Rising Rates 14.7 29 31 7.0 +0.1
AFLG First Trust Active Factor Large Cap ETF 14.7 55 5 5.6 -1.3
HUSV First Trust Horizon Managed Volatility Domestic ETF 14.6 70 -10 4.8 -2.2
QDF FlexShares Quality Dividend Index Fund 14.6 37 23 6.2 -0.8
HSPX Global X S&P 500 Covered Call ETF 14.6 65 -5 4.9 -2.1
DIA SPDR Dow Jones Industrial Average ETF Trust 14.6 16 44 5.7 -1.3
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 14.6 59 1 3.7 -3.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 14.5 15 45 6.3 -0.7
VV Vanguard Large-Cap Index Fund 14.5 4 56 5.3 -1.6
SPVM Invesco S&P 500 Value with Momentum ETF 14.5 39 21 9.2 +2.3

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 Military Times Best Employers 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 13.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.52
 
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.