Trendpilot Strategy
- 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.
Strategy Overview
An objective, rules-based trend following strategy that changes exposure based on 3 indicators.
Legend:
– Index Value
– Index 200 Day Simple Moving Average
Equity Indicator
100% S&P 500 Index
When the S&P 500 Total Return Index 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 S&P 500 Index.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.
50/50 Indicator
50% S&P 500 Index, 50% 3-Month US T-Bills
When the S&P 500 Total Return Index closes below its 200 Day SMA for five consecutive business days, the exposure of the Index will be 50% to the S&P 500 Index 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.
Extreme Valuation Trigger
If at close of business the Index is either 20% above or 20% below its 200 Day SMA, the exposure will automatically go to the 50/50 position. The Index will not move to the 100% Equity position or the 100% T-Bill position unless triggered by one of those indicators.
T-Bill Indicator
100% 3-Month US T-Bills
When the S&P 500 Total Return Index’s 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 close of business on the first business day after the indicator for the change is triggered. The Index will be in a new position effective on the second business day.
At close of business on 10/15/2020, the Extreme Valuation Trigger was added to this strategy.
Large Cap Characteristics: |
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About the S&P 500® Index: |
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The S&P 500® is a popular gauge of large-cap U.S. equities and includes 500 leading companies, capturing approximately 80% coverage of available market capitalization.
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T-Bill (Treasury Bill) Characteristics: |
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Performance (%)
as of 9/30/2020
| Since Fund Inception (6/11/15) | YTD | 1 Year | 3 Year | 5 Year | ||||
|---|---|---|---|---|---|---|---|---|
| Pacer Trendpilot US Large Cap ETF NAV | 4.09 | -11.73 | -3.85 | 3.98 | 5.53 | |||
| Pacer Trendpilot US Large Cap ETF Market Price | 4.08 | -11.75 | -3.91 | 3.93 | 5.52 | |||
| Pacer Trendpilot US Large Cap Index | 4.44 | -11.65 | -3.78 | 4.12 | 5.89 | |||
| S&P 500 Index | 11.41 | 5.57 | 15.15 | 12.28 | 14.15 | |||
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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 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. |
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Top 10 Holdings (%)
as of 6/30/17
View All Holdings
| Ticker | Holding | Weight |
|---|
Sector Breakdown (%)
as of 9/30/2020
| Sector | Weight |
|---|---|
| Information Technology | 28.15 |
| Health Care | 14.23 |
| Consumer Discretionary | 11.55 |
| Communication Services | 10.80 |
| Financials | 9.67 |
| Industrials | 8.29 |
| Consumer Staples | 7.02 |
| Utilities | 2.97 |
| Real Estate | 2.64 |
| Materials | 2.62 |
| Energy | 2.06 |
Index Characteristics
as of 9/30/2020
| Pacer Trendpilot US Large Cap Index | S&P 500 Index | 3-Month US Treasury Bill Index | |
|---|---|---|---|
| Weighted Average Market Cap ($mil) | 452,971.90 | 452,971.90 | N/A |
| Dividend Yield (%) | 1.75 | 1.75 | N/A |
| P/E Ratio | 26.36 | 26.36 | N/A |
| Treasury Yield (%) | N/A | N/A | 0.0915 |
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 S&P 500® Index is a popular gauge of large-cap U.S. equities and includes 500 leading companies, capturing approximately 80% coverage of available market capitalization.
Distributions
| Ex Date | Total Distribution | Ordinary Income* | Short Term Capital Gains | Long Term Capital Gains | Return of Capital | |||
|---|---|---|---|---|---|---|---|---|
| 12/24/2019 | $0.36812591 | $0.36812591 | $0 | $0 | $0 | |||
| 12/24/2018 | $0.28664441 | $0.28664441 | $0 | $0 | $0 | |||
| 12/27/2017 | $0.27737 | $0.27737 | $0 | $0 | $0 | |||
| 12/28/2016 | $0.25823478 | $0.25823478 | $0 | $0 | $0 | |||
| 12/29/2015 | $0.058882 | $0.058882 | $0 | $0 | $0 | |||
| 9/22/2015 | $0.03904 | $0.03904 | $0 | $0 | $0 | |||
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Past distributions are not indicative of future distributions. |
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Premium/Discount
As of Oct 29, 2020
| From Jan 2, 2020 to Oct 29, 2020 | |
|---|---|
| Days traded at premium | 75 |
| Days traded at discount | 132 |
| As of Date | Discount Premium |
|---|---|
| 01/02/2020 | -0.04 |
| 01/03/2020 | 0.07 |
| 01/06/2020 | 0.02 |
| 01/07/2020 | -0.05 |
| 01/08/2020 | -0.01 |
| 01/09/2020 | -0.01 |
| 01/10/2020 | -0.02 |
| 01/13/2020 | 0.03 |
| 01/14/2020 | 0.02 |
| 01/15/2020 | 0.04 |
| 01/16/2020 | 0.03 |
| 01/17/2020 | -0.01 |
| 01/21/2020 | 0.03 |
| 01/22/2020 | 0.06 |
| 01/23/2020 | 0.05 |
| 01/24/2020 | 0.00 |
| 01/27/2020 | -0.01 |
| 01/28/2020 | 0.03 |
| 01/29/2020 | 0.06 |
| 01/30/2020 | -0.01 |
| 01/31/2020 | -0.01 |
| Next | |
PTLC Premium/Discount Q4 2020
| From Oct 1, 2020 to Oct 29, 2020 | |
|---|---|
| Days traded at premium | 6 |
| Days traded at discount | 15 |
| As of Date | Discount Premium |
|---|---|
| 10/01/2020 | -0.19 |
| 10/02/2020 | -0.15 |
| 10/05/2020 | -0.01 |
| 10/06/2020 | 0.11 |
| 10/07/2020 | -0.06 |
| 10/08/2020 | -0.03 |
| 10/09/2020 | -0.01 |
| 10/12/2020 | -0.01 |
| 10/13/2020 | -0.03 |
| 10/14/2020 | -0.02 |
| 10/15/2020 | -0.03 |
| 10/16/2020 | -0.01 |
| 10/19/2020 | -0.01 |
| 10/20/2020 | 0.09 |
| 10/21/2020 | 0.00 |
| 10/22/2020 | 0.01 |
| 10/23/2020 | -0.1 |
| 10/26/2020 | 0.02 |
| 10/27/2020 | -0.02 |
| 10/28/2020 | 0.02 |
| 10/29/2020 | -0.1 |
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Pacer Trendpilot US Large Cap ETF Factsheet
as of 9/30/20
Category: Trendpilot Series, PTLC
Download -
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The Pacer Trendpilot Strategy into a Systematic Withdrawal Plan
as of 9/30/20
Category: Trendpilot Series, PTLC
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Institutional Presentation: Pacer Trendpilot ETF Strategies
as of 9/30/20
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN
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Pacer ETFs Performance
as of 9/30/20
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, TRND, PTBD, Cash Cows Series, GCOW, COWZ, CALF, ICOW, ECOW, BUL, HERD, Leaders Series, PEXL, Pacer Custom Series, PWS, VETS, SRVR, INDS, RTL, SZNE, USAI, AFTY, ALTL, PALC, PAMC, VIRS
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Feeling Emotional? You're Not Alone.
December 2019
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, TRND, PTBD
To be an informed investor, it’s important to keep up with world news and understand how current events can affect the market and your investments.
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Up, Up and Now Which Way?
March 2018
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU
After two years of steady returns since the last correction, investors were wondering if the market would ever see one again.
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Why the 200-day Simple Moving Average?
November 2017
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU
Investors have long used moving averages to determine trends in the market.
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Cooling His Temper and Headed for Success?
November 2016
Category: Trendpilot Series, PTLC, PTMC
2016 has definitely been a year marked with uncertainty. Post-election, the uncertainty has now shifted from who will be president to what will President-elect Trump do.
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Introduction to Pacer Trend Following ETFs
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, TRND
Educational Videos
Duration: 2:45
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Trendpilot Update March 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, PTBD
Institutional Presentation Videos
Duration: 39:17
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Trendpilot Update March 31, 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, PTBD
Institutional Presentation Videos
Duration: 31:41
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Trendpilot Update April 7, 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, PTBD
Institutional Presentation Videos
Duration: 38:24
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Trendpilot Update April 21, 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTIN, TRND
Institutional Presentation Videos
Duration: 24:59
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Trendpilot Update April 30, 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, TRND, PTBD
38:35Institutional Presentation Videos
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Trendpilot Update May 14, 2020 Webinar
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, PTBD
Institutional Presentation Videos
Duration: 38:23
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Three Strategies to Help Navigate a Turbulent Market: June 16, 2020
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, PTBD
Institutional Presentation Videos
Duration: 40:35
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Bear Market Scares: Were You Prepared?: September 1, 2020
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTBD
Institutional Presentation Videos
Duration: 30:54
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Trendpilot Methodology Enhancement: October 15, 2020
Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTIN
Institutional Presentation Videos
Duration: 43:27