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Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF
ETF
SZNE
Payout Change
Pending
Price as of:
$37.4395
+0.26
+0.71%
primary theme
U.S. Large-Cap Blend Equity
SZNE (ETF)
Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF
Payout Change
Pending
Price as of:
$37.4395
+0.26
+0.71%
primary theme
U.S. Large-Cap Blend Equity
SZNE (ETF)
Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF
Payout Change
Pending
Price as of:
$37.4395
+0.26
+0.71%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.8%
1 yr return
3.3%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
4.9%
Net Assets
$35.3 M
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
$37.2
$34.99
$39.51
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 217.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SZNE - Profile
Distributions
- YTD Total Return 3.8%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return 4.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.89%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePacer CFRA-Stovall Equal Weight Seasonal Rotation ETF
-
Fund Family NamePacer
-
Inception DateJul 23, 2018
-
Shares Outstanding2300000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBruce Kavanaugh
Fund Description
The Fund employs a “passive management” (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the Index. The Index is based on a proprietary methodology developed by CFRA (the “Index Provider”), a leading independent investment research firm.
The Index
The Index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500® Equal Weight Index (“EWI”). The S&P 500® EWI is an equal-weighted version of the S&P 500®, which measures the performance of the large-cap segment of the U.S. equity market. The S&P 500® EWI includes stocks covering all 11 Global Industry Classification Standard (“GICS®”) sectors, six of which are eligible for inclusion in the Index as described below.
On the last business day of each April, the Index is equally weighted in the S&P 500 EWI Consumer Staples and Healthcare sectors. The Index holdings then float until the last business day of the following October, when the Index is reconstituted and rebalanced to an equal weighting in the S&P 500 EWI Consumer Discretionary, Industrials, Information Technology, and Materials sectors. The Index holdings then float until the last business day of the following April (the next calendar year), when the Index is reconstituted and rebalanced back to an equal weighting in the S&P 500 EWI Consumer Staples and Healthcare sectors.
S&P 500® EWI Sector Rotation Schedule | ||||
| January 1 – April 30 | May 1 – October 31 | November 1 – December 31 | ||
Consumer Discretionary | Rebalance | Consumer Staples | Rebalance | Consumer Discretionary |
Industrials | Industrials | |||
Information Technology | Healthcare | Information Technology | ||
Materials | Materials |
At the time of each reconstitution of the Index, the Index is equally weighted in the applicable S&P 500® EWI sectors. Within each sector allocation, the weight of each individual stock is identical to its proportion of the applicable sector weight in the S&P 500® EWI. For example, on the last business day of each April, the Index is reconstituted to include the individual stock components of the S&P 500 EWI Consumer Staples and Healthcare sectors, and the sum of the weight of the individual stock components of the S&P 500 EWI Consumer Staples sector will equal the sum of the weight of the individual stock components of the S&P 500 EWI Healthcare sector.
The Fund’s Investment Strategy
The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Fund’s underlying Index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the Fund’s underlying Index. The Fund’s investment adviser expects that, over time, the correlation between the Fund’s performance and that of the Index, before fees and expenses, will be 95% or better.
The Fund will generally use a “replication” strategy to achieve its investment objective, meaning it will invest in all of the component securities of the Index.
SZNE - Performance
Return Ranking - Trailing
| Period | SZNE Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -53.3% | 47.6% | 98.17% |
| 1 Yr | 3.3% | -53.0% | 47.8% | 98.42% |
| 3 Yr | -0.4%* | -24.7% | 16.4% | 98.07% |
| 5 Yr | 4.9%* | -10.4% | 108.3% | 98.94% |
| 10 Yr | N/A* | -0.6% | 52.3% | 76.66% |
* Annualized
Return Ranking - Calendar
| Period | SZNE Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.2% | -42.6% | 47.4% | 93.51% |
| 2022 | -13.3% | -56.3% | -4.2% | 6.20% |
| 2021 | 25.3% | -27.2% | 537.8% | 14.04% |
| 2020 | 2.1% | -22.5% | 2181.7% | 90.28% |
| 2019 | 35.2% | -13.5% | 40.4% | 1.39% |
Total Return Ranking - Trailing
| Period | SZNE Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.8% | -53.3% | 47.6% | 98.17% |
| 1 Yr | 3.3% | -53.0% | 47.8% | 98.42% |
| 3 Yr | -0.4%* | -24.7% | 16.4% | 98.07% |
| 5 Yr | 4.9%* | -10.4% | 108.3% | 98.94% |
| 10 Yr | N/A* | -0.6% | 52.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | SZNE Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.5% | -5.0% | 47.4% | 98.17% |
| 2022 | -12.3% | -36.8% | -2.2% | 14.82% |
| 2021 | 26.4% | 3.0% | 537.8% | 53.79% |
| 2020 | 4.1% | -15.8% | 2266.0% | 98.14% |
| 2019 | 36.5% | -0.4% | 241.3% | 1.86% |
SZNE - Holdings
Concentration Analysis
| SZNE | Category Low | Category High | SZNE % Rank | |
|---|---|---|---|---|
| Net Assets | 35.3 M | 2.34 M | 1.84 T | 95.77% |
| Number of Holdings | 103 | 2 | 3963 | 52.74% |
| Net Assets in Top 10 | 9.87 M | 880 K | 525 B | 97.51% |
| Weighting of Top 10 | 26.03% | 0.3% | 111.6% | 92.92% |
Top 10 Holdings
- Mount Vernon Liquid Assets Portfolio, LLC 13.80%
- McCormick Co Inc/MD 1.40%
- Tyson Foods Inc 1.40%
- Philip Morris International Inc 1.39%
- Altria Group Inc 1.37%
- Kraft Heinz Co/The 1.35%
- Sysco Corp 1.34%
- Kroger Co/The 1.34%
- Monster Beverage Corp 1.33%
- Conagra Brands Inc 1.32%
Asset Allocation
| Weighting | Return Low | Return High | SZNE % Rank | |
|---|---|---|---|---|
| Stocks | 99.88% | 0.00% | 105.79% | 8.04% |
| Cash | 13.88% | 0.00% | 99.07% | 0.66% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 53.15% |
| Other | 0.00% | -13.91% | 100.00% | 65.17% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 50.50% |
| Bonds | 0.00% | 0.00% | 93.85% | 53.90% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SZNE % Rank | |
|---|---|---|---|---|
| Healthcare | 52.29% | 0.00% | 52.29% | 0.08% |
| Consumer Defense | 47.71% | 0.00% | 47.71% | 0.08% |
| Utilities | 0.00% | 0.00% | 20.91% | 92.48% |
| Technology | 0.00% | 0.00% | 48.94% | 100.00% |
| Real Estate | 0.00% | 0.00% | 31.91% | 93.24% |
| Industrials | 0.00% | 0.00% | 29.90% | 99.92% |
| Financial Services | 0.00% | 0.00% | 55.59% | 99.83% |
| Energy | 0.00% | 0.00% | 41.64% | 92.06% |
| Communication Services | 0.00% | 0.00% | 27.94% | 99.66% |
| Consumer Cyclical | 0.00% | 0.00% | 30.33% | 99.83% |
| Basic Materials | 0.00% | 0.00% | 25.70% | 96.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SZNE % Rank | |
|---|---|---|---|---|
| US | 99.88% | 0.00% | 105.79% | 7.55% |
| Non US | 0.00% | 0.00% | 63.83% | 59.78% |
SZNE - Expenses
Operational Fees
| SZNE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.60% | 0.01% | 19.75% | 66.94% |
| Management Fee | 0.60% | 0.00% | 1.90% | 64.17% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| SZNE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SZNE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SZNE Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 217.00% | 0.00% | 268.00% | 99.11% |
SZNE - Distributions
Dividend Yield Analysis
| SZNE | Category Low | Category High | SZNE % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.48% | 0.00% | 25.47% | 56.77% |
Dividend Distribution Analysis
| SZNE | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| SZNE | Category Low | Category High | SZNE % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.89% | -54.00% | 2.44% | 38.81% |
Capital Gain Distribution Analysis
| SZNE | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.138 | OrdinaryDividend |
| Jun 27, 2024 | $0.101 | OrdinaryDividend |
| Mar 21, 2024 | $0.076 | OrdinaryDividend |
| Dec 27, 2023 | $0.147 | OrdinaryDividend |
| Sep 21, 2023 | $0.139 | OrdinaryDividend |
| Jun 22, 2023 | $0.071 | OrdinaryDividend |
| Mar 23, 2023 | $0.082 | OrdinaryDividend |
| Dec 22, 2022 | $0.148 | OrdinaryDividend |
| Sep 22, 2022 | $0.105 | OrdinaryDividend |
| Jun 23, 2022 | $0.065 | OrdinaryDividend |
| Mar 24, 2022 | $0.064 | OrdinaryDividend |
| Dec 23, 2021 | $0.104 | OrdinaryDividend |
| Sep 23, 2021 | $0.107 | OrdinaryDividend |
| Jun 21, 2021 | $0.060 | OrdinaryDividend |
| Mar 22, 2021 | $0.044 | OrdinaryDividend |
| Dec 21, 2020 | $0.101 | OrdinaryDividend |
| Sep 21, 2020 | $0.089 | OrdinaryDividend |
| Jun 22, 2020 | $0.045 | OrdinaryDividend |
| Mar 23, 2020 | $0.200 | OrdinaryDividend |
| Dec 24, 2019 | $0.109 | OrdinaryDividend |
| Sep 24, 2019 | $0.074 | OrdinaryDividend |
| Jun 25, 2019 | $0.042 | OrdinaryDividend |
| Mar 26, 2019 | $0.055 | OrdinaryDividend |
| Dec 24, 2018 | $0.110 | OrdinaryDividend |
| Sep 25, 2018 | $0.048 | OrdinaryDividend |
SZNE - Fund Manager Analysis
Managers
Bruce Kavanaugh
Start Date
Tenure
Tenure Rank
Jul 23, 2018
3.86
3.9%
Mr. Kavanaugh has been Vice President of the Adviser since it began operations in 2004. He has been a portfolio manager with the Adviser since 2013.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
