Key stats
About Pacer WealthShield ETF
Expense ratio
0.60%
Home page
Inception date
Dec 11, 2017
PWS tracks an index composed of several sub-indices: a US Treasury bond index, 12 US equity indices, and a T-bill index. Every month, PWS invests in either a fixed income portfolio or an equity portfolio as determined by an indicator called the Risk Ratio the ratio between a high-yield US corporate bond index and a Treasury bond index. The fund invests in equities if the Risk Ratio is at or above its five-month exponential moving average (EMA), indicating that high-yield debt is outperforming Treasurys. The equity portfolio contains five best performers out of 12 US sector and industry indices, equally weighted (20% each). However, if any of these five gets a poor moving average signal, PWS will replace it with T-bills. When the Risk Ratio toggles PWS to a fixed income portfolio, the fund will be invested 100% in either Treasury bonds or T-bills depending on a moving average measure. With many moving parts, PWS has the potential to turn over its entire portfolio on a monthly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Finance
Stocks99.92%
Technology Services22.06%
Electronic Technology20.49%
Health Technology19.04%
Finance15.58%
Producer Manufacturing7.13%
Commercial Services4.66%
Transportation4.10%
Retail Trade2.93%
Consumer Services2.40%
Industrial Services0.81%
Distribution Services0.39%
Health Services0.15%
Consumer Durables0.14%
Miscellaneous0.03%
Bonds, Cash & Other0.08%
Cash0.08%
Top 10 holdings
Dividends
Dividend payout history