ETF PROAI
BULDPacerACTIVE

Pacer BlueStar Engineering the Future ETF

$37.55+2.47% vs prior close
243852-WK

Price through Oct 2 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 2. Holdings snapshot retrieved Oct 2.

The index is a rules-based index that consists of globally-listed stocks and depositary receipts of companies that derive at least 50% of their revenues from Robotics and 3D Printing Companies, as determined by the index provider. The fund adviser will generally use a “replication” strategy to achieve its investment objective, meaning it will invest in all of the component securities of the index. The fund is non-diversified.

Price & daily flows
36.635.334.137.55DAILY NET FLOWSep 2Sep 14Sep 23Oct 2

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1M SHOWN

The desk’s read

Recent fund-flow records are unavailable, while the price has returned +44.2% so far this year. At 0.60% a year it is not the cheapest way in — ANEW has a reported fee of 0.45%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$860.40Tassets under management
0.60%expense ratio · $60 per $10,000 a year
—net flow, trailing month
4Kavg daily volume, 30 days
53holdings · US-domiciled
2022listed May 4, 2022 · beta 1.99
Sector weights
Information Technology80.51%
Technology80.13%
Producer Manufacturing36.36%
Electronic Technology32.1%
Technology Services26.74%
Industrials17.06%
Other7.73%
Process Industries3.96%
Consumer Discretionary1.43%
Healthcare1.41%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States50.14%
Japan12.55%
Netherlands9.23%
Israel7.24%
Germany6.62%
France6.02%
United Kingdom4.68%
Sweden1.06%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+4.9%
1 month+8.3%
3 months+6.0%
6 months+38.6%
YTD+44.2%
1 year+37.9%
3 years—

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week—
1 month—
3 months—
YTD—
1 year—

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
21%realized volatility, 30 days (annualized)
32%realized volatility, 1 year
-16.0%deepest fall from a peak, 1 year
-2.3%latest close versus that peak

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against BULD

Due diligence cuts both ways. These funds sit on the same shelf and beat BULD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IVV iShares Core S&P 500 ETF0.03%$882.6B+$4.6B-57bp on fee · +$4.6B in over the monthHead-to-head
BBUS JPMorgan BetaBuilders U.S. Equity ETF0.02%$9.4B+$187M-58bp on fee · +$187M in over the monthHead-to-head
SPYG State Street SPDR Portfolio S&P 500 Growth ETF0.04%$56.2B+$717M-56bp on fee · +$717M in over the monthHead-to-head
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF0.03%$14.1B+$235M-57bp on fee · +$235M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$34.3B+$148M-56bp on fee · +$148M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
THE DESK BRIEF

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