Pacer Emerging Markets Etf Profile
| ECOW Etf | USD 20.03 0.01 0.05% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Pacer Emerging is selling for under 20.03 as of the 24th of April 2024; that is 0.05% increase since the beginning of the trading day. The etf's lowest day price was 19.9. Pacer Emerging has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Pacer Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
The index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization companies in emerging markets with high free cash flow yields. Pacer Emerging is traded on NASDAQ Exchange in the United States. More on Pacer Emerging Markets
Moving together with Pacer Etf
| 0.89 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.86 | IEMG | iShares Core MSCI Aggressive Push | PairCorr |
| 0.8 | EEM | iShares MSCI Emerging Aggressive Push | PairCorr |
| 0.9 | SPEM | SPDR Portfolio Emerging | PairCorr |
| 0.93 | FNDE | Schwab Fundamental | PairCorr |
| 0.82 | ESGE | iShares ESG Aware | PairCorr |
| 0.88 | DGS | WisdomTree Emerging | PairCorr |
Moving against Pacer Etf
| 0.86 | HUM | Humana Inc Earnings Call Today | PairCorr |
| 0.69 | FNGD | MicroSectors FANG Index Downward Rally | PairCorr |
Pacer Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pacer Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacer Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Equity ETFs, Strategy ETFs, Diversified Emerging Mkts, Pacer (View all Sectors) |
| Issuer | Pacer Financial |
| Inception Date | 2019-05-02 |
| Benchmark | Pacer Emerging Markets Cash Cows 100 Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Pacer Advisors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Pacer Financial, Inc. |
| Portfolio Manager | Bruce Kavanaugh, Michael Mack |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 113 |
| Market Maker | Jane Street |
| Total Expense | 0.73 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | (0.61) |
| Name | Pacer Emerging Markets Cash Cows 100 ETF |
| Currency Code | USD |
| In Threey Volatility | 19.3 |
| 1y Volatility | 18.26 |
| 200 Day M A | 19.5583 |
| 50 Day M A | 20.0008 |
| Code | ECOW |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.16) |
| Type | ETF |
Pacer Emerging Markets [ECOW] is traded in USA and was established 2019-05-02. The fund is listed under Diversified Emerging Mkts category and is part of Pacer family. The entity is thematically classified as Broad Equity ETFs. Pacer Emerging Markets currently have 13.11 M in assets under management (AUM). , while the total return for the last 3 years was -3.2%.
Check Pacer Emerging Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer Emerging Markets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pacer Emerging Markets Currency Exposure
Pacer Emerging Markets holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Pacer Emerging will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Pacer Emerging Markets.
Top Pacer Emerging Markets Etf Constituents
| TOASO | Tofas Turk Otomobil | Stock | Consumer Discretionary |
| 2610 | China Airlines | Stock | Industrials |
| 2618 | Eva Airways Corp | Stock | Industrials |
| MGNT | Public Joint Stock | Stock | Consumer Staples |
| CEZ | CEZ as | Stock | Utilities-Renewable |
| ARI | African Rainbow Minerals | Stock | Other Industrial Metals & Mining |
| ELET6 | Centrais Eltricas Brasileiras | Preferred Stock | Utilities |
Pacer Emerging Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Pacer Emerging jumping above the current price in 90 days from now is about 32.55%. The Pacer Emerging Markets probability density function shows the probability of Pacer Emerging etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Pacer Emerging has a beta of 0.779 suggesting as returns on the market go up, Pacer Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pacer Emerging Markets will be expected to be much smaller as well. Additionally, pacer Emerging Markets has an alpha of 0.0161, implying that it can generate a 0.0161 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pacer Emerging to move above the current price in 90 days from now is about 32.55 (This Pacer Emerging Markets probability density function shows the probability of Pacer Etf to fall within a particular range of prices over 90 days) .
Pacer Emerging Markets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacer Emerging market risk premium is the additional return an investor will receive from holding Pacer Emerging long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pacer Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pacer Emerging's alpha and beta are two of the key measurements used to evaluate Pacer Emerging's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) |
Pacer Emerging Against Markets
Picking the right benchmark for Pacer Emerging etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pacer Emerging etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pacer Emerging is critical whether you are bullish or bearish towards Pacer Emerging Markets at a given time. Please also check how Pacer Emerging's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pacer Emerging without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Pacer Etf?
Before investing in Pacer Emerging, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Pacer Emerging. To buy Pacer Emerging etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pacer Emerging. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Pacer Emerging etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pacer Emerging Markets etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Pacer Emerging Markets etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Pacer Emerging Markets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Pacer Etf please use our How to Invest in Pacer Emerging guide.
Already Invested in Pacer Emerging Markets?
The danger of trading Pacer Emerging Markets is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pacer Emerging is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pacer Emerging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacer Emerging Markets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Pacer Emerging Markets is a strong investment it is important to analyze Pacer Emerging's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pacer Emerging's future performance. For an informed investment choice regarding Pacer Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Pacer Emerging Markets. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Pacer Emerging Markets is measured differently than its book value, which is the value of Pacer that is recorded on the company's balance sheet. Investors also form their own opinion of Pacer Emerging's value that differs from its market value or its book value, called intrinsic value, which is Pacer Emerging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pacer Emerging's market value can be influenced by many factors that don't directly affect Pacer Emerging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pacer Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.