USAI

Pacer American Energy Independence ETF

$38.34
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Pacer American Energy Independence ETF (USAI) seeks to track the performance of the Pacer American Energy Independence Index, which is designed to provide exposure to U.S. companies involved in the energy sector.

Overview

ETF tracking Pacer American Energy Independence ETF

Category Energy
Issuer Other
Inception Date 2019-12-16
Market Cap $82.4M
Average Volume N/A
Dividend Yield 4.17%
52-Week Range $35.40 - $43.78
VWAP $38.09

Performance

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Investment Summary

📎 Investment Objective

The Pacer American Energy Independence ETF (USAI) seeks to track the performance of the Pacer American Energy Independence Index, which is designed to provide exposure to U.S. companies involved in the energy sector.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of U.S. companies that are engaged in the exploration, development, production, and distribution of energy-related products and services. The index is weighted based on factors such as revenue, cash flow, and dividends.

✨ Key Features

  • Provides exposure to the U.S. energy sector, including companies involved in oil, gas, and renewable energy
  • Tracks an index that aims to identify companies with strong financial health and growth potential
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the energy sector
  • Volatility risk due to the cyclical nature of the energy industry
  • Potential for underperformance compared to the broader market if the energy sector underperforms
  • Limited liquidity and trading volume due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. energy sector as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a long-term investment horizon, as the energy sector can be volatile in the short term. Investors should carefully consider the fund's risks and their own investment objectives before investing.