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ETFs

Pacer CFRA- Stoval Equal Weight Seasonal Rotation ETF

SZNE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 23 2018
Expense Ratio
0.60%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$233,533
AUM
$50,826,205
Associated Index
Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

HRL
Hormel Foods Corp.
1.38%
KHC
Kraft Heinz Co
1.36%
CPB
Campbell Soup Co.
1.33%
COST
Costco Wholesale Corp
1.33%
PM
Philip Morris International Inc
1.33%
MDLZ
Mondelez International Inc. - Ordinary Shares - Class A
1.33%
K
Kellogg Co
1.33%
CAG
Conagra Brands Inc
1.31%
KDP
Keurig Dr Pepper Inc
1.31%
PEP
PepsiCo Inc
1.31%
Invest with SZNE

What is SZNE?

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF seeks to track the investment returns of an index that alternates exposure semi-annually to certain sectors in the S&P 500 Equal Weight Index. The Index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index ( EWI ). The S&P 500 EWI is an equal-weighted version of the S&P 500, which measures the performance of the large-cap segment of the U.S. equity market. The S&P 500 EWI includes stocks covering all 11 Global Industry Classification Standard ( GICS ) sectors, six of which are eligible for inclusion in the Index.

ETFs related toSZNE

ETFs correlated to SZNE include RSP, EUSA, DSTL

SZNE
Pacer Funds Trust - Pacer CFRA Stovall Equal Weight Seasonal Rotation ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
DSTL
ETF Series Solutions Trust - Distillate U.S. Fundamental Stability & Value ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats 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

SZNE is a US Equities ETF. Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF seeks to track the investment returns of an index that alternates exposure semi-annually to certain sectors in the S&P 500 Equal Weight Index. The Index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index ( EWI ). The S&P 500 EWI is an equal-weighted version of the S&P 500, which measures the performance of the large-cap segment of the U.S. equity market. The S&P 500 EWI includes stocks covering all 11 Global Industry Classification Standard ( GICS ) sectors, six of which are eligible for inclusion in the Index.

SZNE tracks the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index.

No, SZNE 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, SZNE 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 SZNE is -0.0391%. This is the percent change in the value of SZNE over the most recent 1-month period. The 3-month return on SZNE is -0.0687%. This is the percent change in the value of SZNE over the most recent 3-month period.

The standard deviation of SZNE for the past year is 0.1777%. 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 SZNE include XLI, XLY, and XLV.

ETFs correlated to SZNE include RSP, EUSA, and DSTL.

ETFs that are inversely correlated to SZNE include SPXU, SH, and SDS.

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.