SLT

Pacer Salt High truBeta U.S. Market ETF
*Unless otherwise stated, data provided by FactSet.

SLT Fund Description

SLT tracks an equal-weighted index of US large-cap companies predicted to have high beta to the SPDR S&P 500 ETF (SPY).

SLT Factset Analytics Insight

SLT holds a basket of highly volatile US stocks—making it a potential alternative to leveraged ETFs for bullish investors. The fund starts with a universe of the 1000 largest US companies. At each quarterly rebalance, it keeps the 500 most liquid stocks, and then uses machine learning to predict each stock’s beta over the coming quarter. The top 100 stocks are selected and weighted equally. Stocks with low correlation to the fund’s benchmark are screened out, with sector exposure capped at 30%. To calculate beta, SLT uses SPY as its benchmark, rather than the S&P 500 directly, but the distinction should not be significant. Using predicted beta, rather than historical, could be more consequential since a stock’s beta changes over time. SLT’s large starting universe gives it an advantage because it includes smaller, more volatile firms. On October 5, 2020 Pacer Financial entered into a distribution agreement with the fund, added Pacer to the ETF name and changed the expense ratio.

SLT MSCI ESG Analytics Insight

Pacer Salt High truBeta U.S. Market ETF has an MSCI ESG Fund Rating of BBB based on a score of 6.57 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 Salt High truBeta U.S. Market ETF ranks in the 55th percentile within its peer group and in the 60th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SLT 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.

PERFORMANCE [as of 12/02/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SLT -9.92% -2.87% 11.14% 19.56% 21.26% -- --
SLT (NAV) -6.74% -0.58% 14.55% 23.51% 22.77% -- --
Salt High truBeta US Market Index -6.70% -0.39% 15.28% 24.42% -- -- --
MSCI USA Large Cap Index -1.20% 0.86% 22.39% 25.64% 21.26% 18.80% 16.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SLT Summary Data

Pacer
05/16/18
Open-Ended Fund
0.60%
$6.16M
$13.02K
0.09%

SLT Portfolio Data

$48.77B
-147.08
3.03
1.80%
N/A
101

SLT Index Data

Salt High truBeta US Market Index
Equal
Beta
MSCI USA Large Cap Index

SLT Portfolio Management

0.60%
-1.18%
-0.50%
-2.47%

SLT Tax Exposures

20.00% / 39.60%
0.08%
Qualified dividends
No

SLT Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

SLT Factset Analytics Block Liquidity

As of 12/03/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SLT. SLT is rated a 4 out of 5.

SLT Tradability

320
$13.02K
105
0
0.09%
$0.04
-0.01%
0.29% / -0.17%
None
99.00%
25,000
0.00
0.03%
0.01%
0
$41.40
4

SLT Sector/Industry Breakdown


SLT
Segment Benchmark
34.23%
38.43%
21.71%
14.61%
21.37%
11.96%
10.04%
7.84%
4.02%
2.04%
3.89%
13.41%
2.86%
1.78%

SLT Countries


SLT
Segment Benchmark
100.00%
99.90%
--
0.10%

SLT Regions


SLT
Segment Benchmark
100.00%
100.00%

SLT Economic Development


SLT
Segment Benchmark
100.00%
100.00%

SLT Performance Statistics

0.55
1.35
1.35
1.44
1.04%
MSCI USA Large Cap Index

SLT MSCI ESG Ratings

6.57 / 10
60.37
55.09
4.11%
--
267.77

SLT Benchmark Comparison Holdings

101
291
27
7.88%

SLT Benchmark Comparison Summary


SLT
Segment Benchmark
101
291
$48.77B
$656.83B
-147.08
29.41
3.03
5.17
0.84%
1.27%
Low
Low

SLT Benchmark Comparison Market Cap Size


SLT
Segment Benchmark
61.29%
100.00%
38.71%
0.00%
0.00%
0.00%
0.00%
0.00%