QQQG

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

$23.73
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) seeks to track the performance of the 50 largest and most profitable companies in the Nasdaq-100 Index.

Overview

ETF tracking Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

Category Technology
Issuer Other
Inception Date 2024-08-20
Market Cap $7.6M
Average Volume N/A
Dividend Yield 0.07%
52-Week Range $17.22 - $24.89
VWAP $23.72

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) seeks to track the performance of the 50 largest and most profitable companies in the Nasdaq-100 Index.

🎯 Investment Strategy

The fund uses a rules-based approach to identify the 50 Nasdaq-100 companies with the highest free cash flow yields. It then weights these 'cash cow' companies based on their free cash flow, providing exposure to the largest and most profitable growth leaders in the technology sector.

✨ Key Features

  • Focuses on the 50 largest and most profitable companies in the Nasdaq-100 Index
  • Utilizes a 'cash cow' strategy to identify companies with high free cash flow yields
  • Weighted by free cash flow to emphasize the largest and most profitable growth leaders
  • Provides targeted exposure to the technology sector

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a subset of the Nasdaq-100 Index
  • Sector risk as the fund is heavily weighted towards the technology sector
  • Market risk as the fund's performance is tied to the overall stock market
  • Liquidity risk due to the fund's small asset size

👤 Best For

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF may be suitable for investors seeking targeted exposure to the largest and most profitable growth companies in the technology sector. However, due to the fund's concentration and sector-specific focus, it may be best suited as a satellite holding within a diversified portfolio.