HERDPacer Cash Cows Fund of Funds ETF
HERD Fund Description
HERD tracks an index of five equally-weighted funds focused on companies in developed markets with high free cash flow yields.
HERD Factset Analytics Insight
HERD is a fund of funds that offers exposure to five underlying ETFs, each emphasizing “cash cows”, or companies with high free cash flow yields and positive earnings. The fund specifically holds: (1) Pacer US Cash Cows 100, (2) Pacer Global Cash Cows Dividend, (3) Pacer Developed Markets International Cash Cows 100, (4) Pacer US Small Cap Cash Cows, and (5) Pacer US Cash Cows Growth. These funds focus on US large-caps, developed markets large-caps, developed ex-US stocks, US small-caps, and US growth stocks respectively. The underlying ETFs screen out companies with negative projections for earnings or free cash flow as well as firms in the financial sector (except REITs). Remaining firms are then ranked based on trailing twelve month free cash flow yield, selecting stocks with the highest value. The underlying funds’ weighting schemes are based on free cash flow, dividend, or market cap. At each quarterly rebalance, HERD equally-weights its underlying ETFs, each having 20% weight of the portfolio.
HERD MSCI ESG Analytics Insight
Pacer Cash Cows Fund of Funds ETF has an MSCI ESG Fund Rating of A based on a score of 6.32 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 Cash Cows Fund of Funds ETF ranks in the 60th percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HERD Summary Data
HERD Portfolio Data
HERD Index Data
HERD Portfolio Management
HERD Tax Exposures
HERD Fund Structure
HERD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HERD. HERD is rated a N/A out of 5.
HERD Sector/Industry Breakdown
HERD Top 10 Holdings
HERD Economic Development
HERD Performance Statistics
HERD MSCI ESG Ratings
HERD Benchmark Comparison Summary
HERD Benchmark Comparison Market Cap Size