- Participate in the market when it is trending up.
- Pare back market exposure during short-term market down trends.
- Prevent extended declines by moving to T-bills during long-term market down trends.
- Watch to learn more about how Pacer trend following ETFs work.
An objective, rules-based trend following strategy that changes exposure based on 3 indicators.
– Index Value
– Index 200 Day Simple Moving Average
100% Wilshire US Large-Cap IndexSM
When the Wilshire US Large-Cap Total Return IndexSM closes above its 200 day simple moving average (200 Day SMA) for five consecutive business days, the exposure of the Index will be 100% to the Wilshire US Large-Cap IndexSM.1 From the equity position, the Index will change to the 50/50 position or the T-Bill position depending on the the 50/50 Indicator and the T-Bill Indicator.
50% Wilshire US Large-Cap IndexSM, 50% 3-Month US T-Bills
When the Wilshire US Large-Cap Total Return IndexSM closes below its 200 Day SMA for five consecutive business days, the exposure of the Index will be 50% to the Wilshire US Large-Cap IndexSM and 50% to 3-Month US Treasury bills. 1From the 50/50 position, the Index will return to the equity position or change to the T-Bill position depending on the Equity Indicator or T-Bill Indicator.
100% 3-Month US T-Bills
When the Wilshire US Large-Cap Total Return Index’sSM 200 Day SMA closes lower than its value from five business days earlier, the exposure of the Index will be 100% to 3-Month US Treasury bills. 1From the T-Bill position, the Index will change to the equity position when the Equity Indicator is triggered. The Index will not return to its 50/50 position unless the Equity Indicator is first triggered.
This graph illustrates the Trendpilot™ methodology based on hypothetical movements in a benchmark index and its 200 business day simple moving average. This does not demonstrate historical data and is not an indication of how any Index or Trendpilot™ methodology will perform in the future. If the conditions mentioned in the graph are not satisfied, the trend of the benchmark index will be the same as the trend of the benchmark index on the immediately preceding business day. (1) Any trend change will become effective at the market open on the second business day after the indicator for the change is triggered.
Large Cap Characteristics:
- Core portfolio holding: Offers diversified exposure to widely held companies with household names.
- Stability: Large, established companies are more likely to pay dividends, have solid balance sheets, and are better equipped to withstand an economic slow-down as compared to smaller companies.
- Growth: Tend to exhibit stable gains over time, allowing for less risky long-term returns.
About the Wilshire US Large-Cap IndexSM:
The Wilshire US Large-Cap IndexSM is representative of the large-cap market. The index is a 750 stock subset of the Wilshire 5000 Total Market IndexSM and excludes the Wilshire US Small-Cap and Wilshire US Micro-Cap segments.
- Subset of the Wilshire 5000 Total Market IndexSM
- Includes the largest 750 stocks in the Wilshire 5000SM by market cap
- Rebalanced semi-annually in March and September
- Buffers are used to reduce index turnover
- Bulletin-board and thinly traded issues are generally excluded
- Weighted by float-adjusted market capitalization
T-Bill (Treasury Bill) Characteristics:
- Issued directly by the U.S. Treasury as a means of raising capital, and the return of their principal plus interest is guaranteed to investors.
- Subject to inflation and interest rate risk
Tracking: 100% Wilshire US Large-Cap Index
Track Trendpilot's Current Position
as of 12/30/16
|Since Fund Inception (6/11/15)||YTD||1-Year||3-Year||5-Year|
|Pacer Trendpilot™ 750 ETF Market Price||-2.15||4.36||4.36||-||-|
|Pacer Trendpilot™ 750 ETF NAV||-2.07||4.57||4.57||-||-|
|Pacer Wilshire US Large-Cap Trendpilot™ Index||-1.46||5.24||5.24||-||-|
|Wilshire US Large-Cap Index℠||6.32||12.49||12.49||8.93||14.63|
Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than the performance quoted. Visit http://www.paceretfs.com for the most recent month-end performance. Index returns are for illustrative purposes only. Index performance does not reflect any management fees, transaction costs or expenses. You cannot invest directly in an index. The 3-Month T-Bill rate as of 12/30/16 is 0.50%.
|Ex Date||Total Distribution||Ordinary Income*||Short Term Capital Gains||Long Term Capital Gains||Return of Capital|
Past distributions are not indicative of future distributions.
as of 12/30/16
|Pacer Wilshire US Large-Cap Trendpilot™ Index||Wilshire US Large-Cap Index℠||3-Month US Treasury Bill Index|
|Weighted Average Market Cap ($mil)||144,004.48||144,004.48||N/A|
|Dividend Yield (%)||2.06||2.06||N/A|
|Treasury Yield (%)||N/A||N/A||0.50|
Top 10 Holdings (%)
as of 12/30/16 | Data displayed is factual as of 12/30/16, but not reflective of the entire previous quarter.
|Pacer Trendpilot™ 750 ETF||Wilshire US Large-Cap Index|
|AAPL||Apple, Inc.||3.15||AAPL||Apple, Inc.||3.15|
|MSFT||Microsoft Corporation||2.44||MSFT||Microsoft Corporation||2.44|
|GOOG||Alphabet, Inc. Class C||2.22||GOOG||Alphabet, Inc. Class C||2.22|
|XOM||Exxon Mobil Corporation||1.89||XOM||Exxon Mobil Corporation||1.89|
|BRK.B||Berkshire Hathaway, Inc. Class B||1.64||BRK.B||Berkshire Hathaway, Inc. Class B||1.64|
|JNJ||Johnson & Johnson||1.58||JNJ||Johnson & Johnson||1.58|
|JPM||JPMorgan Chase & Co.||1.56||JPM||JPMorgan Chase & Co.||1.56|
|AMZN||Amazon.com, Inc.||1.51||AMZN||Amazon.com, Inc.||1.51|
|GE||General Electric Company||1.41||GE||General Electric Company||1.41|
|T||AT&T, Inc.||1.33||T||AT&T, Inc.||1.33|
Pacer Trendpilot™ 750 ETF Sector Breakdown (%)
as of 12/30/16
Weighted average market cap is the sum of each company's weight multiplied by its market cap.
Dividend yield is calculated using the gross dividend of a security (i.e., before any applicable withholding tax). Special cash dividends, unless they are paid for three consecutive years, and capital repayments are excluded from the dividend yield calculation.
Price to earning ratio (P/E ratio) is a fundamental measure used to determine if an investment is valued appropriately. Each holding’s P/E is the latest closing price divided by the latest fiscal year’s earnings per share. Negative P/E ratios are excluded from this calculation.
Treasury yield is the interest rate on a given bond issued by the United States government.
The Wilshire US Large-Cap IndexSM is a rules-based, float-adjusted, market capitalization-weighted index comprised of approximately 750 of the largest companies in the Wilshire 5000 Total Market IndexTM. The Wilshire 5000 Total Market IndexTM is an unmanaged, market capitalization-weighted index that measures the performance of all equity securities of U.S. headquartered issuers with readily available price data. The Wilshire US Large-Cap Total Return Index is a total return version of the Wilshire US Large-Cap IndexSM and reflects the reinvestment of dividends paid by the securities in that Index.