PATN
Pacer Nasdaq International Patent Leaders ETF
Pacer Nasdaq International Patent Leaders ETF seeks to provide investment results that correspond generally to the performance of the Nasdaq International Patent Leaders Index, which includes companies outside of the U.S. that hold a significant number of patents and exhibit strong performance potential.
International
EQUITY
Passive
MANAGEMENT STYLE
9.5 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 16, 2024 |
| Assets (mns) | $9 |
| Expense ratio | 65 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 8.4 % |
| TENCENT HOLDINGS LTD | 7.1 % |
| SAP AG | 4.3 % |
| NESTLE SA-REG | 3.9 % |
| TOYOTA MOTOR CORP | 3.8 % |
| ASML HOLDING NV | 3.5 % |
| NOVARTIS AG | 3.4 % |
| SAMSUNG ELECTRONICS CO LTD | 3.2 % |
| ROCHE HOLDING LTD | 3.1 % |
| L'OREAL | 2.9 % |
Constituent Breakdown
| Number of holdings | 100 |
| Herfindahl-Hirschman Index | 296 |
| Wgt avg mkt cap (mns) | $226,657 |
| Large cap (>$10bn) | 94.3% |
| Mid cap ($2-10bn) | 5.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 71.8% |
| Emerging mkts. | 28.2% |
Country Exposure
 |
JAPAN | 26.9 % |
 |
SWITZERLAND | 12.3 % |
 |
TAIWAN | 10.8 % |
 |
CHINA | 10.7 % |
 |
FRANCE | 10.3 % |
 |
GERMANY | 10.1 % |
 |
SOUTH KOREA | 6.6 % |
 |
NETHERLANDS | 5.7 % |
 |
BRITAIN | 5.5 % |
 |
FINLAND | 0.5 % |
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.3% | -- | -- | -- | -- | -- | -- | 4.7% |
| Dividend Yield | -0.9% | -- | -- | -- | -- | -- | -- | -7.7% |
| Total Returns | 5.4% | -- | -- | -- | -- | -- | -- | -3.0% | Ann. Volatility | 16.1% | -- | -- | -- | -- | -- | -- | 16.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 20 |
| Turnover | 4.4% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $15,987 |
Technical Indicators
| Recent close | $20.57 |
| 30d moving avg. | $20.74 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 47 |
| Short interest (ETF) | 1.9% |
| 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. PATN |
Expenses vs. PATN |
ALTAR Score™ vs. PATN |
|---|---|---|---|---|
| UMMA | Wahed Dow Jones Islamic World ETF | 40.6% | 0 bp | +1.3% |
| DTAN | Sparkline International Intangible Value ETF | 35.7% | -10 bp | +3.2% |
| EFG | iShares MSCI EAFE Growth ETF | 29.8% | -29 bp | +0.4% |
| OEUR | ALPS O'Shares Europe Quality Dividend ETF | 29.1% | -17 bp | +1.7% |
| IMFL | Invesco International Developed Dynamic Multifactor ETF | 28.7% | -31 bp | +2.0% |
| AIA | iShares Asia 50 ETF | 27.2% | -15 bp | +11.5% |
| IQSI | IQ Candriam International Equity ETF | 26.6% | -50 bp | +2.5% |
| STXI | Strive International Developed Markets ETF | 26.6% | -36 bp | +1.9% |
| IDHQ | Invesco S&P International Developed High Quality ETF | 26.5% | -36 bp | +2.6% |
| WRND | IQ Global Equity R&D Leaders ETF | 26.5% | -47 bp | +4.2% |
Risk and Returns: PATN 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | ||
|---|---|---|---|---|---|---|---|---|
| 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
| 2024 | 2025E | Fwd Est | 2026E | |
| 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 4/23/2025
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
PATN
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
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
PATN
4.1%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 260 funds in the International Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
2.3%. PATN's ALTAR Score™ is approximately
1.5 standard deviations
below
the category average. This places PATN in the 7th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
PATNSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive International Equity ETFs |
| # of ETFs | 77 |
| Avg. Expense Ratio | 38.8 bp |
| Std. Deviation | 21.2 bp |
| PATN (65 bp) Percentile rank | 90 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PATN | 65.0 | 0.0 | 65 |
| Peer Avg. | 55.4 | 62.5 | 117.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .