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Pacer BioThreat Strategy ETF

VIRS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 24 2020
Expense Ratio
0.70%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$6,956
AUM
$3,751,112
Associated Index
LifeSci BioThreat Strategy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

NVDA
NVIDIA Corp
5.30%
WMT
Walmart Inc
5.24%
SNY
Sanofi - ADR
5.22%
DHR
Danaher Corp.
5.21%
AMZN
Amazon.com Inc.
5.18%
HD
Home Depot, Inc.
5.09%
JNJ
Johnson & Johnson
4.96%
LOW
Lowe`s Cos., Inc.
4.86%
TMO
Thermo Fisher Scientific Inc.
4.80%
ABT
Abbott Laboratories
4.78%
Invest with VIRS

What is VIRS?

The Pacer BioThreat Strategy ETF (the Fund ) is an exchange traded fund ( ETF ) that seeks to track the performance, before fees and expenses, of the LifeSci BioThreat Strategy Index. It invest in U.S. listed companies whose products or services help to protect against, endure or recover from biological threats to human health.

ETFs related toVIRS

ETFs correlated to VIRS include QUS, PABU, LCTU

VIRS
Pacer Funds Trust - Pacer BioThreat Strategy ETF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
PABU
iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index 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

VIRS is a US Equities ETF. The Pacer BioThreat Strategy ETF (the Fund ) is an exchange traded fund ( ETF ) that seeks to track the performance, before fees and expenses, of the LifeSci BioThreat Strategy Index. It invest in U.S. listed companies whose products or services help to protect against, endure or recover from biological threats to human health.

VIRS tracks the LifeSci BioThreat Strategy Index.

No, VIRS 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, VIRS 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 VIRS is -0.0289%. This is the percent change in the value of VIRS over the most recent 1-month period. The 3-month return on VIRS is -0.0232%. This is the percent change in the value of VIRS over the most recent 3-month period.

The standard deviation of VIRS for the past year is 0.1633%. 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 VIRS include XLI, XLY, and XLV.

ETFs correlated to VIRS include QUS, PABU, and LCTU.

ETFs that are inversely correlated to VIRS include SPDN, SPXS, and SH.

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.