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Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF
📎 Investment Objective
The Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq-100 Dividend Achievers Select Index.
Overview
ETF tracking Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq-100 Dividend Achievers Select Index.
🎯 Investment Strategy
The ETF employs a rules-based strategy that rotates between the Nasdaq-100 Index and cash on a monthly basis, depending on the dividend yield of the Nasdaq-100 Index. When the dividend yield is above a certain threshold, the fund will invest in the Nasdaq-100 Index. When the dividend yield falls below the threshold, the fund will invest in cash equivalents.
✨ Key Features
- Exposure to the Nasdaq-100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market
- Rotates between the Nasdaq-100 Index and cash based on the index's dividend yield
- Aims to provide downside protection during market downturns by shifting to cash when the dividend yield is low
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Sector concentration risk: The ETF's performance may be more volatile due to its focus on the technology sector
- Dividend yield risk: The ETF's performance is tied to the dividend yield of the Nasdaq-100 Index, which may fluctuate
- Cash investment risk: The ETF may underperform when invested in cash equivalents during periods of strong market performance
👤 Best For
The Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF may be suitable for investors seeking exposure to the technology sector with a focus on dividend-paying companies, as well as those looking for a strategy that aims to provide some downside protection during market downturns. However, due to the fund's limited track record and the risks associated with its strategy, it may be most appropriate for investors with a higher risk tolerance and a longer investment horizon.
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