PWS Pacer WealthShield ETF

Seeks to track, before fees and expenses, the Pacer WealthShield Index. The Index uses a trend-following strategy that directs some or all of its exposure to U.S. equity securities or U.S. Treasury securities depending on the strength of the high-yield corporate bond market relative to U.S. Treasury bonds and the momentum of certain U.S. equity sectors or industries and of long-term U.S. Treasury bonds. Every month the index will run the risk indicator calculations to determine whether the index constituents will be RISK ON or RISK OFF. On the third to last business day of the month, the Index will observe the ratio between the S&P 500 High Yield Corporate Bond Total Return Index (SP5HYBIT Index) and the S&P U.S. Treasury Bond 7-10 Year Total Return Index (SPBDU10T Index). If that ratio is above its 5 month exponential moving average (RISK ON), the index exposure will be 100% equities or a blend of equity and 3 month US treasury bills. If that ratio is below its 5 month exponential moving average (RISK OFF), the index exposure will be 100% 20 year US Treasury bonds (SPBDUSLT Index) or 100% 3 month US T-bills (SPBDU3T Index). When in risk mode, the Index selects 5 sectors using relative strength of their six month total return. Equity exposures are selected from 10 S&P Sector Indices, the S&P Biotech Select Industry Index, and the Dow Jones Internet Composite Index.

$33.87  -0.02 (-0.07%)
As of 10/22/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Pacer ETFs
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  Allocation--50% to 70% Equity
Leverage factor:  1.00
Note: Uses downside hedging
Inception date:  12/14/2017
Index tracking method: Passive replication
Current yield:  0.82%
Historical average yield:  1.10%
Market cap:  $55,922,790
Average volume:  6,862
Fees:     0.6000%

Index Information
Pacer WealthShield Index
Index symbol:  PWSTR
Provider:   Index Design Group (IDG)
Index weighting:   Other
Index inception date:  12/11/2017
Backtesting data exists:   Yes
Number of holdings:  320  (as of 12/18/2017)
Factors used to select securities:

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