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ETFs

Pacer Lunt Large Cap Alternator ETF

ALTL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 24 2020
Expense Ratio
0.60%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$7,780,722
AUM
$695,500,140
Associated Index
Lunt Capital US Large Cap Equity Rotation Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

JNJ
Johnson & Johnson
1.38%
MCD
McDonald`s Corp
1.26%
KO
Coca-Cola Co
1.24%
PEP
PepsiCo Inc
1.23%
KMB
Kimberly-Clark Corp.
1.20%
KDP
Keurig Dr Pepper Inc
1.16%
MDLZ
Mondelez International Inc. - Ordinary Shares - Class A
1.15%
BMY
Bristol-Myers Squibb Co.
1.14%
CL
Colgate-Palmolive Co.
1.14%
K
Kellogg Co
1.14%
Invest with ALTL

What is ALTL?

The Pacer Lunt Large Cap 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 Equity Rotation Index (the 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 one of two sub-indices, the S&P 500 Low Volatility Index and the S&P 500 High Beta Index (each, a Sub-Index, and together, the Sub-Indices ), that seek to identify the 100 components of the S&P500 Index that most strongly exhibit a particular trait (e.g., low volatility or high beta). Each Sub-Index is composed of the 100 securities comprising the S&P 500 Index that most strongly exhibit the characteristic screened for by the Sub-Index.

ETFs related toALTL

ETFs correlated to ALTL include IGTR, SPYV, RSP

ALTL
Pacer Funds Trust - Pacer Lunt Large Cap Alternator ETF
IGTR
Innovator ETFs Trust - Innovator Gradient Tactical Rotation Strategy ETF
SPYV
SPDR Series Trust - SPDR Portfolio S&P 500 Value ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
IUSV
BlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Value ETF
IVE
BlackRock Institutional Trust Company N.A. - iShares S&P 500 Value ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
VOOV
Vanguard Group, Inc. - Vanguard S&P 500 Value ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
GSEW
Goldman Sachs ETF Trust - Goldman Sachs Equal Weight U.S. Large Cap Equity 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

ALTL is a US Equities ETF. The Pacer Lunt Large Cap 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 Equity Rotation Index (the 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 one of two sub-indices, the S&P 500 Low Volatility Index and the S&P 500 High Beta Index (each, a Sub-Index, and together, the Sub-Indices ), that seek to identify the 100 components of the S&P500 Index that most strongly exhibit a particular trait (e.g., low volatility or high beta). Each Sub-Index is composed of the 100 securities comprising the S&P 500 Index that most strongly exhibit the characteristic screened for by the Sub-Index.

ALTL tracks the Lunt Capital US Large Cap Equity Rotation Index.

No, ALTL 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, ALTL 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 ALTL is -0.041%. This is the percent change in the value of ALTL over the most recent 1-month period. The 3-month return on ALTL is -0.1005%. This is the percent change in the value of ALTL over the most recent 3-month period.

The standard deviation of ALTL for the past year is 0.2353%. 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 ALTL include QYLD, VIXY, and PKW.

ETFs correlated to ALTL include IGTR, SPYV, and RSP.

ETFs that are inversely correlated to ALTL include SPDN, SDS, and SPXU.

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.