PALC
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC invests in US large cap equities that allocates to multi-factor sub-indices based on relative strength.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
377.2 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer Advisors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 24, 2020 |
| Assets (mns) | $377 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fixed |
| Weighting | Momentum |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TESLA MOTORS INC | 3.9 % |
| MCDONALD'S CORP | 2.7 % |
| JPMORGAN CHASE & CO | 2.7 % |
| PHILIP MORRIS INTERNATIONAL | 2.4 % |
| ORACLE CORP | 2.0 % |
| BANK OF AMERICA CORP | 2.0 % |
| GOLDMAN SACHS GROUP INC | 2.0 % |
| AMGEN INC | 1.6 % |
| LOWE'S COS INC | 1.5 % |
| WELLS FARGO & CO | 1.4 % |
Constituent Breakdown
| Number of holdings | 181 |
| Herfindahl-Hirschman Index | 102 |
| Wgt avg mkt cap (mns) | $587,750 |
| Large cap (>$10bn) | 99.4% |
| Mid cap ($2-10bn) | 0.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.0 % |
 |
IRELAND | 1.6 % |
 |
BRITAIN | 1.4 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 20.5% | 38.6% | 19.0% | 6.8% | -- | -- | 10.1% | Volatility | 13.4% | 13.2% | 15.0% | 17.5% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.95 | 86% |
| MSCI EAFE | 0.78 | 61% |
| MSCI Emg Mkts | 0.62 | 37% |
Liquidity Measures
| Avg. volume (000) | 18 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.20% |
| ADV of underlying (mns) | $163,269 |
Technical Indicators
| Recent close | $52.39 |
| 30d moving avg. | $49.95 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PALC |
Expenses vs. PALC |
ALTAR Score™ vs. PALC |
|---|---|---|---|---|
| ALTL | Pacer Lunt Large Cap Alternator ETF | 54.1% | 0 bp | +0.9% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 53.3% | -35 bp | +1.2% |
| XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 51.9% | -35 bp | +1.2% |
| VOOV | Vanguard S&P 500 Value ETF | 41.5% | -50 bp | +2.3% |
| IVE | iShares S&P 500 Value ETF | 41.5% | -42 bp | +2.2% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 41.4% | -56 bp | +2.4% |
| SCHV | Schwab U.S. Large-Cap Value ETF | 40.3% | -56 bp | +2.4% |
| IUSV | iShares Core S&P US Value ETF | 39.3% | -56 bp | +2.4% |
| STXV | Strive 1000 Value ETF | 38.0% | -42 bp | +3.5% |
| SPXT | ProShares S&P 500 Ex-Technology ETF | 37.0% | -51 bp | +1.3% |
Risk and Returns: PALC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/22/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
PALC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
PALC
3.9%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.4%. PALC's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places PALC in the 27th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
PALCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| PALC (60 bp) Percentile rank | 67 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PALC | 60.0 | 20.4 | 80.4 |
| Peer Avg. | 35.7 | 15.0 | 50.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .