Snapshot*
Top 10 Holdings
What is PTEU?
The Pacer Trendpilot European Index ETF is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer Trendpilot European Index. FTSE Eurobloc Index derived from the FTSE Global Equity Index Series (GEIS),covering 98% of the worlds investable market capitalization. Includes large- and mid-cap stocks screened for liquidity and investability; provides coverage of the 11 developed markets in the Eurozone, including: Austria, Belgium and Luxembourg, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, and Spain. When the FTSE Eurobloc Total Return Index (EUR) closes above its 200 day simple moving average (200 Day SMA) for five consecutive business days, the exposure of the Index will be 100% to the FTSE Eurobloc Index (USD)1. From the equity position, the Index will change to the 50/50 position or the T-Bill position depending on the the 50/50 Indicator and the T-Bill Indicator. When the FTSE Eurobloc Total Return Index (EUR) closes below its 200 Day SMA for five consecutive business days, the exposure of the Index will be 50% to the FTSE Eurobloc Index (USD) and 50% to 3-Month US Treasury bills. From the 50/50 position, the Index will return to the equity position or change to the T-Bill position depending on the Equity Indicator or T-Bill Indicator. When the FTSE Eurobloc Total Return Indexs (EUR) 200 Day SMA closes lower than its value from five business days earlier, the exposure of the Index will be 100% to 3-Month US Treasury bills. From the T-Bill position, the Index will change to the equity position when the Equity Indicator is triggered. The Index will not return to its 50/50 position unless the Equity Indicator is first triggered.
PTEUPerformance Measures**
for the time period Dec 17, 2015 to Aug 5, 2026
1M Trailing Return: 1.6%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 7.6%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -35.4%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 14.3%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.39
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.13
The annualized return divided by the max drawdown for the selected time period.
ETFs related toPTEU
ETFs correlated to PTEU include DFSI, EQTY, FEZ
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
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.