Pacer Cash Cows Fund of Funds ETF (HERD)

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The chart shows the growth of an initial investment of $10,000 in Pacer Cash Cows Fund of Funds ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Pacer Cash Cows Fund of Funds ETF (HERD) has returned 5.26% so far this year and 26.48% over the past 12 months.

Based on dividend-adjusted daily data since May 7, 2019, HERD's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, your investment would double in approximately 5.3 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +16.2%, while the worst month was Mar 2020 at -15.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HERD closed higher 43% of trading days. The best single day was Mar 24, 2020 with a return of +9.8%, while the worst single day was Mar 12, 2020 at -15.0%.

Pacer Cash Cows Fund of Funds ETF has an annualized alpha of 4.08%, beta of 0.70, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since May 08, 2019.

• This ETF participated in 92.72% of S&P 500 Index downside but only 91.86% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.70 may look defensive, but with R² of 0.46 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.46 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

HERD has an expense ratio of 0.73%, placing it in the medium range.

HERD ranks 79 for risk / return — better than 79% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Pacer Cash Cows Fund of Funds ETF (HERD) and compare them to a chosen benchmark (S&P 500 Index).

Pacer Cash Cows Fund of Funds ETF provided a 3.33% dividend yield over the last twelve months, with an annual payout of $1.52 per share.

The table displays the monthly dividend distributions for Pacer Cash Cows Fund of Funds ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Pacer Cash Cows Fund of Funds ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Pacer Cash Cows Fund of Funds ETF was 39.41%, occurring on Mar 23, 2020. Recovery took 169 trading sessions.

The current Pacer Cash Cows Fund of Funds ETF drawdown is 3.59%.

The chart below shows the rolling one-month volatility.