PATN

Pacer Nasdaq International Patent Leaders ETF

$26.91

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Pacer Nasdaq International Patent Leaders ETF (PATN) seeks to track the investment results of an index composed of international companies that are leaders in obtaining patents.

Overview

ETF tracking Pacer Nasdaq International Patent Leaders ETF

Category International

Issuer Other

Inception Date 2024-09-17

Market Cap $16.1M

Average Volume N/A

Dividend Yield 0.51%

52-Week Range $18.32 - $27.70

VWAP $26.75

Performance

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Investment Summary

📎 Investment Objective

The Pacer Nasdaq International Patent Leaders ETF (PATN) seeks to track the investment results of an index composed of international companies that are leaders in obtaining patents.

🎯 Investment Strategy

The ETF seeks to replicate the performance of the Nasdaq International Patent Leaders Index, which is designed to measure the performance of international companies that are leaders in obtaining patents. The index selects and weights companies based on their patent activity and innovation.

✨ Key Features

Focuses on international companies that are leaders in obtaining patents
Provides exposure to innovative companies across various industries
Utilizes a patent-based approach to identify potential leaders in innovation
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific subset of international companies
Potential volatility due to the fund's focus on innovative companies
Currency risk as the fund invests in international securities
Lack of performance history as the fund is relatively new

👤 Best For

This ETF may be suitable for investors seeking exposure to innovative international companies with a focus on patent activity and research and development. It may be appropriate for investors with a long-term investment horizon and a higher risk tolerance, as the fund's focus on patent leaders may result in increased volatility.