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ETFs

Pacer Trendpilot Fund of Funds ETF

TRND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 03 2019
Expense Ratio
0.77%
Type
Global Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$230,750
AUM
$51,030,360
Associated Index
Pacer Trend pilot Fund of Funds Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes

Top 10 Holdings

PTNQ
Pacer Funds Trust - Pacer Trendpilot 100 ETF
20.26%
PTBD
Pacer Funds Trust - Pacer Trendpilot US Bond ETF
20.16%
PTLC
Pacer Funds Trust - Pacer Trendpilot US Large Cap ETF
20.03%
PTIN
Pacer Funds Trust - Pacer Trendpilot International ETF
19.76%
PTMC
Pacer Funds Trust - Pacer Trendpilot US Mid Cap ETF
19.67%
n/a
Cash & Other
0.12%
Invest with TRND

What is TRND?

Pacer Trendpilot Fund of Funds ETF is an index-based exchange traded fund (ETF) that is composed of Pacer Trendpilot US Large Cap ETF, Pacer Trendpilot US Mid Cap ETF, Pacer Trendpilot 100 ETF and Pacer Trendpilot International ETF. Each of the Pacer Trendpilot ETFs is an index-based ETF that seeks to track the total return performance, before fees and expenses, of the underlying Trendpilot Index. Each Trendpilot Index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the 'Equity Component' specified in the table below, (ii) 50% to the applicable Equity Component and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills, depending on the relative performance of the Equity Component and its 200-business day historical simple moving average (the '200-day moving average'). The calculation of the 200-day moving average for each Equity Component is based on the total return version of such Equity Component and reflects the reinvestment of dividends paid by the securities in such Equity Component.

ETFs related toTRND

ETFs correlated to TRND include GJUL, GAUG, XAUG

TRND
Pacer Funds Trust - Pacer Trendpilot Fund of Funds ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
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
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
EQTY
Valued Advisers Trust - Kovitz Core 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

TRND is a Global Equities ETF. Pacer Trendpilot Fund of Funds ETF is an index-based exchange traded fund (ETF) that is composed of Pacer Trendpilot US Large Cap ETF, Pacer Trendpilot US Mid Cap ETF, Pacer Trendpilot 100 ETF and Pacer Trendpilot International ETF. Each of the Pacer Trendpilot ETFs is an index-based ETF that seeks to track the total return performance, before fees and expenses, of the underlying Trendpilot Index. Each Trendpilot Index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the 'Equity Component' specified in the table below, (ii) 50% to the applicable Equity Component and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills, depending on the relative performance of the Equity Component and its 200-business day historical simple moving average (the '200-day moving average'). The calculation of the 200-day moving average for each Equity Component is based on the total return version of such Equity Component and reflects the reinvestment of dividends paid by the securities in such Equity Component.

TRND tracks the Pacer Trend pilot Fund of Funds Index.

No, TRND 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, TRND 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 TRND is -0.0069%. This is the percent change in the value of TRND over the most recent 1-month period. The 3-month return on TRND is -0.0016%. This is the percent change in the value of TRND over the most recent 3-month period.

The standard deviation of TRND for the past year is 0.101%. 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 TRND include QQH, RODM, and MOTI.

ETFs correlated to TRND include GJUL, GAUG, and XAUG.

ETFs that are inversely correlated to TRND include SDS, SH, and SPXS.

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.