QSIX

Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF

$37.49
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Metaurus Nasdaq 100 Dividend Multiplier Index.

Overview

ETF tracking Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF

Category Technology
Issuer Other
Inception Date 2024-09-24
Market Cap $11.2M
Average Volume N/A
Dividend Yield 4.16%
52-Week Range $27.14 - $38.98
VWAP $37.28

Performance

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Investment Summary

📎 Investment Objective

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Metaurus Nasdaq 100 Dividend Multiplier Index.

🎯 Investment Strategy

The fund invests in a portfolio of securities designed to track the Metaurus Nasdaq 100 Dividend Multiplier Index, which is composed of the 100 largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The index aims to provide exposure to the dividend-paying companies in the Nasdaq 100 Index with a 6x multiplier.

✨ Key Features

  • Provides exposure to the dividend-paying companies in the Nasdaq 100 Index with a 6x multiplier
  • Tracks the Metaurus Nasdaq 100 Dividend Multiplier Index, which is composed of the 100 largest Nasdaq-listed companies
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is heavily exposed to the technology sector
  • Volatility risk due to the leveraged nature of the fund's exposure
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
  • Liquidity risk due to the fund's small asset base

👤 Best For

This ETF may be suitable for experienced, risk-tolerant investors seeking leveraged exposure to the dividend-paying companies in the Nasdaq 100 Index. Investors should have a long-term investment horizon and be comfortable with the increased volatility associated with a leveraged fund.