PTNQ: PACER TRENDPILOT 100 ETF
PTNQ: PACER TRENDPILOT 100 ETF Educational Report
The PACER TRENDPILOT 100 ETF (ticker: PTNQ) is an exchange-traded fund listed on the NASDAQ. This ETF focuses on a specific investment strategy involving its holdings to manage trends.
What this ETF is trying to do
PTNQ holds a variety of assets, with 104 total holdings reported. Based on its top holdings, the fund has significant exposure to large technology companies. This list is partial, meaning it only shows the largest pieces of the portfolio.
Top Holdings:
• NVIDIA CORP (8.28%)
• APPLE INC (7.44%)
• MICROSOFT CORP (5.55%)
• MICRON TECHNOLOGY INC (5.13%)
• ADVANCED MICRO DEVICES INC (4.22%)
• AMAZON.COM INC (4.13%)
• META PLATFORMS INC CLASS A (3.29%)
• ALPHABET INC CLASS A (3.09%)
• TESLA INC (2.99%)
• ALPHABET INC CLASS C (2.88%)
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes distributions).
• Year-to-Date (YTD): The YTD price return is approximately 16.22%. The YTD total return is also approximately 16.22%.
• One-Year: The one-year price return is approximately 17.11%. The one-year total return is approximately 18.14%.
• Three-Year: The three-year price return is approximately 46.87%. The three-year total return is approximately 53.22%.
• Five-Year: The five-year total return is approximately 70.87%.
An estimated price from roughly one year ago was $78.05, compared to the current price of $91.41.
Income and distribution explanation
The distribution yield for PTNQ is approximately 0.76%. This represents the cash distributions relative to the ETF price. The trailing distributions are $0.693.
The data shows that the distribution frequency is "Irregular / less frequent," with only one payout counted in the last 12 months. It is important to remember that a distribution yield is not the same as a total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Regarding price erosion, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.
Pros
• The ETF has shown positive price returns and total returns over one, three, and five-year periods.
• The erosion-risk measurements suggest no significant price deterioration has been detected.
Cons
• Distributions are irregular and less frequent, which may not suit investors looking for steady, regular income.
• The distribution yield is relatively low at approximately 0.76%.
Beginner takeaway
PTNQ has experienced growth in both its share price and its total return over the last several years. While it provides some cash distributions, they are not frequent. Investors should note that while the price has increased, high distribution yields in other funds can sometimes be linked to price declines; however, this specific fund shows no detected price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.28% |
| 2 | APPLE INC | AAPL | 7.44% |
| 3 | MICROSOFT CORP | MSFT | 5.55% |
| 4 | MICRON TECHNOLOGY INC | MU | 5.13% |
| 5 | ADVANCED MICRO DEVICES INC | AMD | 4.22% |
| 6 | AMAZON.COM INC | AMZN | 4.13% |
| 7 | META PLATFORMS INC CLASS A | META | 3.29% |
| 8 | ALPHABET INC CLASS A | GOOGL | 3.09% |
| 9 | TESLA INC | TSLA | 2.99% |
| 10 | ALPHABET INC CLASS C | GOOG | 2.88% |