PWSPacer WealthShield ETF
PWS Fund Description
PWS tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages.
PWS Factset Analytics Insight
PWS tracks an index composed of several sub-indices: a US Treasury bond index, 12 US equity indices, and a T-bill index. Every month, PWS invests in either a fixed income portfolio or an equity portfolio as determined by an indicator called the Risk Ratio — the ratio between a high-yield US corporate bond index and a Treasury bond index. The fund invests in equities if the Risk Ratio is at or above its five-month exponential moving average (EMA), indicating that high-yield debt is outperforming Treasurys. The equity portfolio contains five best performers out of 12 US sector and industry indices, equally weighted (20% each). However, if any of these five gets a poor moving average signal, PWS will replace it with T-bills. When the Risk Ratio toggles PWS to a fixed income portfolio, the fund will be invested 100% in either Treasury bonds or T-bills — depending on a moving average measure. With many moving parts, PWS has the potential to turn over its entire portfolio on a monthly basis.
PWS MSCI ESG Analytics Insight
Pacer WealthShield ETF has an MSCI ESG Fund Rating of A based on a score of 6.58 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 WealthShield ETF ranks in the 57th percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PWS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PWS. PWS is rated a N/A out of 5.