The firm’s innovative small-cap strategy is
recognized as the year’s standout performer for its significant
asset growth and returns
Pacer ETFs is proud to announce the Pacer US Small Cap Cash Cows
100 ETF (CALF) has been awarded the prestigious ETF of the Year
award by etf.com at this year’s 2024 ceremony. This award
recognizes the ETF that has made the most significant impact on
improving investor opportunities and outcomes over the past
year.1
"We are honored to receive the ETF of the Year award for our
Pacer US Small Cap Cash Cows 100 ETF,” Sean O'Hara, President of
Pacer ETF Distributors, “This recognition not only underscores our
commitment to providing investors with innovative financial
products but also highlights how value-driven strategies such as
our focus on high free cash flow yield work to provide investors a
differentiated way to navigate complex market conditions.“
Joe Thomson, President of Pacer ETFs, comments: "We’ve been
extremely pleased with the success of our Cash Cows Family of ETFs
over the years and want to express our appreciation for our
partners and investors who have believed in our solutions and our
ability to deliver on clients’ portfolio goals."
The Pacer US Small Cap Cash Cows 100 ETF is a passive,
strategy-driven fund that selectively screens the S&P SmallCap
600® for the top 100 companies based on free cash flow yield, an
investment parameter that can help to determine a company’s
superior financial stability and earnings potential.
Since the start of 2023, CALF has achieved remarkable growth,
with assets under management rising from $1.3 billion at the start
of 2023 to $6.6 billion by year-end – a 385% increase in a single
year. As of April 17, 2024, CALF’s assets under management have
continued to grow to $9.2 billion.
In 2023, CALF outperformed 98% of its small cap value peers,
recording a stellar 32% gain. This impressive performance is
particularly noteworthy given that much of 2023 market performance
was driven by a select group of large-cap tech stocks.
Fund
Morningstar Category
Rating Group Overall
Overall Star Rating
1 Year Rank (%)
1 Year Category Size
5 Year Rank (%)
5 Year Category Size
Pacer US Small Cap Cash Cows 100 ETF
(CALF)
Small Value
456
★★★★★
2
489
7
427
CALF Overall Morningstar Rating as of 12/31/23: 5 stars: Class
ETF Shares, Small Value category; 456 funds. 3-year rating 4 stars;
456 funds. 5-year rating 5 stars; 427 funds. 10-year period not
rated. Ratings reflect risk-adjusted performance. Overall
Morningstar Rating for a fund is derived from a weighted average of
the performance figures associated with its 3-, 5- and 10-year (if
applicable) Morningstar Rating metrics.
Total Returns (%)
as of 3/31/24
Fund Inception
Total Expenses
YTD
1 Year
3 Year
5 Year
Fund Inception
Pacer US Small Cap Cash Cows 100 ETF
(CALF)
6/16/17
0.59%
NAV
2.55%
30.56%
8.16%
16.01%
12.15%
Market Price
2.53%
30.71%
8.01%
15.97%
12.11%
Pacer US Small Cap Cash Cows
Index
2.58%
30.67%
8.66%
16.42%
12.48%
Returns less than 1 year are cumulative. Returns greater than 1
year are annualized. Performance quoted represents past performance
and does not guarantee future results. Investment return and
principal value will fluctuate, so shares may be worth more or less
when redeemed or sold. Current performance may be lower or higher
than the performance quoted. Visit http://www.paceretfs.com for the
most recent month-end performance. Index returns are for
illustrative purposes only. Index performance does not reflect any
management fees, transaction costs, or expenses. You cannot invest
directly in an index.
For more information about the Pacer US Small Cap Cash Cows 100
ETF (CALF) and other funds from Pacer ETFs, please visit our
website at PacerETFs.com.
1Each nominee was rigorously vetted by the etf.com editorial
staff to be presented to the seven judges, who were selected to
represent a diverse range of expertise and opinion in the ETF
industry.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider
with 48 ETFs and over $42 billion in assets under management (as of
04/17/2024).
Disclosures
Before investing you should carefully consider the Fund’s
investment objectives, risks, charges, and expenses. This and other
information is in the prospectus. A copy may be obtained by
visiting www.paceretfs.com or calling 1-877-577-2000.
Please read the prospectus carefully before
investing.
An investment in the Funds is subject to investment risk,
including the possible loss of principal. Pacer ETF shares may be
bought and sold on an exchange through a brokerage account.
Brokerage commissions and ETF expenses will reduce investment
returns. There can be no assurance that an active trading market
for ETF shares will be developed or maintained. The risks
associated with this fund are detailed in the prospectus and could
include factors such as calculation methodology risk, concentration
risk, equity market risk, ETF risks, high portfolio turnover risk,
passive investment risk, sector risk, small-capitalization
companies risk, style risk, tracking risk, and/or special risks of
exchange traded funds.
NAV (net asset value) is the value of one share of the Fund
calculated daily. The NAV return is based on the NAV of the Fund.
It may not reflect the actual return for the investor. Market Price
is the price investors can buy and sell ETF shares for in the stock
market and is used to calculate market return. It is based on the
price at the listed exchange market close. This is when NAV is
determined for most ETFs. If shares trade at another time, the
return may differ. Market and NAV returns assume that dividends and
capital gain distributions have been reinvested in the Fund at
Market Price and NAV respectively.
The Morningstar Rating™ for funds, or “star rating”, is
calculated for managed products (including mutual funds, variable
annuity and variable life subaccounts, exchange-traded funds,
closed-end funds, and separate accounts) with at least a three-year
history. Exchange-traded funds and open-ended mutual funds are
considered a single population for comparative purposes. It is
calculated based on a Morningstar Risk-Adjusted Return measure that
accounts for variation in a managed product’s monthly excess
performance, placing more emphasis on downward variations and
rewarding consistent performance. The Morningstar Rating does not
include any adjustment for sales load. The top 10% of products in
each product category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2
stars, and the bottom 10% receive 1 star.
The Overall Morningstar Rating for a managed product is derived
from a weighted average of the performance figures associated with
its three-, five-, and 10-year (if applicable) Morningstar Rating
metrics. The weights are: 100% three- year rating for 36-59 months
of total returns, 60% five-year rating/40% three-year rating for
60-119 months of total returns, and 50% 10-year rating/30%
five-year rating/20% three-year rating for 120 or more months of
total returns. While the 10-year overall star rating formula seems
to give the most weight to the 10-year period, the most recent
three-year period actually has the greatest impact because it is
included in all three rating periods.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an
affiliate of Pacer Advisors, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240419715730/en/
Media Contact Trevor Davis Gregory FCA for Pacer ETFs
215-475-5931 trevor@gregoryfca.com Company Contact Ashlee
Thomson for Pacer ETFs 610-981-6214
ashlee.thomson@pacerfinancial.com