ECOWPacer Emerging Markets Cash Cows 100 ETF
ECOW Fund Description
ECOW tracks a fundamentally-weighted index of large- and midcap emerging market companies.
ECOW Factset Analytics Insight
ECOW centers around what are known as “cash cows”, or companies with high free cash flow yields. Starting with the FTSE Emerging Markets Index constituents, the fund screens companies based on their average projected free cash flows and earnings (if available) for the next two fiscal years. Companies without these forward year estimates will remain in the index universe, however, firms with negative earnings or free cash flows are filtered out. The remaining companies are ranked according to their twelve-month free cash flow yield and the top 100 names are included in the index. Selected securities are weighted based on their trailing twelve-month free cash flow with a 2% cap applied on any single security. The index rebalances quarterly.
ECOW MSCI ESG Analytics Insight
Pacer Emerging Markets Cash Cows 100 ETF has an MSCI ESG Fund Rating of BB based on a score of 3.38 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Pacer Emerging Markets Cash Cows 100 ETF ranks in the 6th percentile within its peer group and in the 2nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ECOW Summary Data
ECOW Portfolio Data
ECOW Index Data
ECOW Portfolio Management
ECOW Tax Exposures
ECOW Fund Structure
ECOW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ECOW. ECOW is rated a 4 out of 5.
ECOW Sector/Industry Breakdown
ECOW Economic Development
ECOW Performance Statistics
ECOW MSCI ESG Ratings
ECOW Benchmark Comparison Summary
ECOW Benchmark Comparison Market Cap Size