PTEUPacer Trendpilot European Index ETF
PTEU Fund Description
PTEU tracks an index of large- and midcap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum.
PTEU Factset Analytics Insight
PTEU applies a momentum-based cash toggle to Eurozone equities. Like other ETFs whose focus is solely on the Eurozone, PTEU ignores the large equity markets in the UK, Switzerland and Sweden. PTEU’s market-cap-weighting causes the portfolio to tilt towards France and Germany. The fund screens out small-caps too. However, it’s the cash toggle (a common feature of TrendPilot ETFs from Pacer) that truly sets PTEU apart from segment peers. The fund moves half way into cash (T-bills) in a “death cross” between the 200-day simple moving average (SMA) and the daily level of the stock-only FTSE index. The index has to be below the 200-day SMA for 5 days for the 50% allocation to T-bills to go into effect. It reverts to equity after 5 days of the index level closing above the 200-day SMA. PTEU can also go into all cash if the 200-day SMA level closes below where it was 5 days earlier. The fund only exits the 100% cash position to a 100% equity position (not to the 50/50 state).
PTEU MSCI ESG Analytics Insight
Pacer Trendpilot European Index ETF has an MSCI ESG Fund Rating of AA based on a score of 7.48 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 Trendpilot European Index ETF ranks in the 84th percentile within its peer group and in the 22nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PTEU MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
PTEU Summary Data
PTEU Portfolio Data
PTEU Index Data
PTEU Portfolio Management
PTEU Tax Exposures
PTEU Fund Structure
PTEU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PTEU. PTEU is rated a 4 out of 5.
PTEU Sector/Industry Breakdown
PTEU Top 10 Holdings[View All]
PTEU Economic Development
PTEU Performance Statistics
PTEU MSCI ESG Ratings
PTEU Benchmark Comparison Summary
PTEU Benchmark Comparison Market Cap Size