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Sunday, August 23, 2026The Morning Brief →Sign in
PTLCPacer

Pacer Trendpilot US Large Cap ETF

$59.67+0.41% today
526152-WK

The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the S&P 500® Index, (ii) 50% to the S&P 500 and 50% to 3-Month U.S. Treasury bills, or (iii) 100% to 3-Month U.S. Treasury bills, depending on the relative performance of the S&P 500 and its 200-business day historical simple moving average.

Price & daily flows
58.756.253.659.67DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +7.1% so far this year. At 0.60% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$3Bassets under management
0.60%expense ratio · $60 per $10,000 a year
net flow, trailing month
111Kavg daily volume, 30 days
503holdings · US-domiciled
2015listed June 10, 2015 · beta 0.93
Sector weights
Technology32.3%
Technology Services20.16%
Electronic Technology18.83%
Financial Services12.62%
Finance12.42%
Healthcare11.89%
Consumer Cyclical10.2%
Health Technology9.62%
Communication Services8.84%
Retail Trade8.17%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.87%
Ireland1.57%
United Kingdom0.57%
Switzerland0.43%
Other0.16%
Netherlands0.15%
Cash0.13%
Bermuda0.12%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.4%
1 month+3.6%
3 months+2.9%
6 months+6.7%
YTD+7.1%
1 year+12.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
13%realized volatility, 30 days (annualized)
12%realized volatility, 1 year
-9.1%deepest fall from a peak, 1 year
-1.6%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
80Kshares traded
The case against PTLC

Due diligence cuts both ways. These funds sit on the same shelf and beat PTLC on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M-57bp on fee · 32× the assets · +$245M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-55bp on fee · 42× the assets · +$547M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M-56bp on fee · 11× the assets · +$668M in over the monthHead-to-head
IUSV iShares Core S&P U.S. Value ETF0.04%$28.1B+$103M-56bp on fee · 9× the assets · +$103M in over the monthHead-to-head
IVV iShares Core S&P 500 ETF0.03%$900.9B−$14.2B-57bp on fee · 295× the assetsHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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