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ETFs

Pacer WealthShield ETF

PWS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 11 2017
Expense Ratio
0.60%
Type
US Diversified
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$101,780
AUM
$27,732,915
Associated Index
Pacer WealthShield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 10/26/2023
19.73%
AMZN
Amazon.com Inc.
7.95%
AAPL
Apple Inc
5.11%
MSFT
Microsoft Corporation
4.74%
TSLA
Tesla Inc
3.64%
NVDA
NVIDIA Corp
2.02%
HD
Home Depot, Inc.
1.59%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.55%
CSCO
Cisco Systems, Inc.
1.47%
CRM
Salesforce Inc
1.41%
Invest with PWS

What is PWS?

The Pacer WealthShield ETF is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. The Pacer Wealth Shield Index utilizes a systematic risk management strategy that directs the Index s exposure to either 100% equities, or a blend of equity and 3 month US treasury bills, or 100% 20 year treasury bonds, or 100% 3 month US treasury bills (3 month US T-bills). Equity exposures are selected from 10 S&P Sector Indices, the S&P Biotech Select Industry Index, and the Dow Jones Internet Composite Index.

ETFs related toPWS

ETFs correlated to PWS include LGRO, GAUG, XAUG

PWS
Pacer Funds Trust - Pacer WealthShield ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
CVRD
Madison ETFs Trust - Madison Covered Call ETF
TCAF
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Capital Appreciation 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

PWS is a US Diversified ETF. The Pacer WealthShield ETF is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. The Pacer Wealth Shield Index utilizes a systematic risk management strategy that directs the Index s exposure to either 100% equities, or a blend of equity and 3 month US treasury bills, or 100% 20 year treasury bonds, or 100% 3 month US treasury bills (3 month US T-bills). Equity exposures are selected from 10 S&P Sector Indices, the S&P Biotech Select Industry Index, and the Dow Jones Internet Composite Index.

PWS tracks the Pacer WealthShield Index.

No, PWS 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, PWS 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 PWS is -0.0292%. This is the percent change in the value of PWS over the most recent 1-month period. The 3-month return on PWS is -0.0128%. This is the percent change in the value of PWS over the most recent 3-month period.

The standard deviation of PWS for the past year is 0.1145%. 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 PWS include AOK, RLY, and AOA.

ETFs correlated to PWS include LGRO, GAUG, and XAUG.

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

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.