Key stats
About Pacer WealthShield ETF
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Inception date
Dec 11, 2017
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
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
Utilities
Finance
Retail Trade
Technology Services
Stocks99.86%
Utilities19.68%
Finance16.07%
Retail Trade14.55%
Technology Services14.05%
Electronic Technology8.39%
Producer Manufacturing6.33%
Consumer Services5.61%
Commercial Services4.88%
Consumer Durables4.58%
Transportation3.97%
Industrial Services0.80%
Distribution Services0.51%
Consumer Non-Durables0.42%
Bonds, Cash & Other0.14%
Cash0.14%
Top 10 holdings
Dividends
Dividend payout history