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ETFs

Pacer Funds Pacer Cash Cows Fund of Funds ETF

HERD
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
May 03 2019
Expense Ratio
0.73%
Type
Global Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$402,462
AUM
$63,505,505
Associated Index
Pacer Cash Cows Fund of Funds Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BUL
Pacer Funds Trust - Pacer US Cash Cows Growth ETF
20.31%
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
20.19%
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
19.94%
CALF
Pacer Funds Trust - Pacer US Small Cap Cash Cows 100 ETF
19.93%
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF
19.49%
n/a
Cash & Other
0.14%
Invest with HERD

What is HERD?

The Pacer Cash Cows Fund of Funds ETF is an exchange traded fund ( ETF ) that seeks to track the total return performance, before fees and expenses, of the Pacer Cash Cows Fund of Funds Index (the Index or the Fund of Funds Index ). The Fund of Funds Index uses an objective, rules-based approach to construct a portfolio that, as of each quarterly rebalance, is composed of Pacer US Cash Cows 100 ETF, Pacer Global Cash Cows Dividend ETF, Pacer US Small Cap Cash Cows 100 ETF, Pacer US Cash Cows Growth ETF and Pacer Developed Markets International Cash Cows 100 ETF.

ETFs related toHERD

ETFs correlated to HERD include COWZ, AVGE, AVLV

HERD
Pacer Funds Trust - Pacer Cash Cows Fund of Funds ETF
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
VFQY
Vanguard Group, Inc. - Vanguard U.S. Quality Factor ETF
INFL
Listed Funds Trust - Horizon Kinetics Inflation Beneficiaries ETF
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

HERD is a Global Equities ETF. The Pacer Cash Cows Fund of Funds ETF is an exchange traded fund ( ETF ) that seeks to track the total return performance, before fees and expenses, of the Pacer Cash Cows Fund of Funds Index (the Index or the Fund of Funds Index ). The Fund of Funds Index uses an objective, rules-based approach to construct a portfolio that, as of each quarterly rebalance, is composed of Pacer US Cash Cows 100 ETF, Pacer Global Cash Cows Dividend ETF, Pacer US Small Cap Cash Cows 100 ETF, Pacer US Cash Cows Growth ETF and Pacer Developed Markets International Cash Cows 100 ETF.

HERD tracks the Pacer Cash Cows Fund of Funds Index.

No, HERD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HERD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HERD is 0.0089%. This is the percent change in the value of HERD over the most recent 1-month period. The 3-month return on HERD is 0.0578%. This is the percent change in the value of HERD over the most recent 3-month period.

The standard deviation of HERD for the past year is 0.1879%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HERD include DGS, DFIV, and DXJ.

ETFs correlated to HERD include COWZ, AVGE, and AVLV.

ETFs that are inversely correlated to HERD include TZA, TWM, and SRTY.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.