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ETFs

Pacer Lunt Large Cap Multi-Factor Alternator ETF

PALC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 24 2020
Expense Ratio
0.60%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$910,219
AUM
$238,504,320
Associated Index
Lunt Capital U.S. Large Cap Multi-Factor Rotation Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PFE
Pfizer Inc.
3.80%
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Lilly(Eli) & Co
3.00%
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NVIDIA Corp
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Tesla Inc
2.77%
AMZN
Amazon.com Inc.
2.71%
VZ
Verizon Communications Inc
2.60%
AAPL
Apple Inc
2.50%
MSFT
Microsoft Corporation
2.49%
V
Visa Inc - Ordinary Shares - Class A
2.38%
DHR
Danaher Corp.
2.27%
Invest with PALC

What is PALC?

The Pacer Lunt Large Cap Multi-Factor Alternator ETF (the Fund ) is an exchange traded fund ( ETF ) that seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index.The Index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. The Index uses Lunt Capital s proprietary relative strength methodology to rotate between the holdings of the highest and lowest quintile components of four factor-based indices of the S&P 500 Index (each, a Sub-Index, and together, the Sub-Indices ), that seek to identify the components of the S&P 500 Index that most strongly exhibit a particular factor. The four factor groups are Momentum, Quality, Value, and Volatility.

ETFs related toPALC

ETFs correlated to PALC include XLSR, SFY, SCHK

PALC
Pacer Funds Trust - Pacer Lunt Large Cap Multi-Factor Alternator ETF
XLSR
SSgA Active Trust - SPDR SSGA U.S. Sector Rotation ETF
SFY
Tidal ETF Trust - SoFi Select 500 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SNPE
DBX ETF Trust - Xtrackers S&P 500 ESG ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap 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.

Automated Strategies
Related toPALC

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with PALC using Composer

FAQ

PALC is a US Equities ETF. The Pacer Lunt Large Cap Multi-Factor Alternator ETF (the Fund ) is an exchange traded fund ( ETF ) that seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index.The Index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. The Index uses Lunt Capital s proprietary relative strength methodology to rotate between the holdings of the highest and lowest quintile components of four factor-based indices of the S&P 500 Index (each, a Sub-Index, and together, the Sub-Indices ), that seek to identify the components of the S&P 500 Index that most strongly exhibit a particular factor. The four factor groups are Momentum, Quality, Value, and Volatility.

PALC tracks the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index.

No, PALC 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, PALC 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 PALC is -0.0044%. This is the percent change in the value of PALC over the most recent 1-month period. The 3-month return on PALC is 0.0099%. This is the percent change in the value of PALC over the most recent 3-month period.

The standard deviation of PALC for the past year is 0.1862%. 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 PALC include SPHQ, DSI, and QUAL.

ETFs correlated to PALC include XLSR, SFY, and SCHK.

ETFs that are inversely correlated to PALC include SPDN, SDS, and SPXS.

Disclaimers

*

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.