Pacer Nasdaq International Patent Leaders ETF (PATN)

Overview

The Pacer Nasdaq International Patent Leaders ETF (IPKW) tracks the performance of the Nasdaq International Patent Leaders Index, which consists of 100 companies (excluding the United States) with the highest-ranked patent portfolios. It focuses on companies demonstrating strong intellectual property and innovation, primarily in developed markets outside the US. The ETF provides exposure to international companies leading in patent development, offering diversification and potential growth from innovative businesses.

Reputation and Reliability

Pacer ETFs is a reputable issuer known for its Trendpilot and Cash Cows series of ETFs. They have a solid track record of providing innovative investment strategies.

Management Expertise

Pacer ETFs has a dedicated management team with experience in developing and managing factor-based and strategic-beta ETFs.

Goal

To track the performance, before fees and expenses, of the Nasdaq International Patent Leaders Index.

Investment Approach and Strategy

Strategy: Tracks the Nasdaq International Patent Leaders Index. The index uses a quantitative methodology to select the top 100 non-US companies based on their patent portfolios.

Composition Primarily composed of stocks from developed markets outside the United States. The holdings are weighted based on a proprietary scoring system related to patent strength.

Market Share: Information not available.

Total Net Assets (AUM): 34726743.71

Key Competitors

• First Trust Indxx Innovative Transaction & Process ETF (LEGR)
• ARK Innovation ETF (ARKK)
• Invesco QQQ Trust (QQQ)

Competitive Landscape

The ETF industry is highly competitive, with numerous funds offering exposure to various sectors and investment strategies. IPKW competes with other innovation-focused and international ETFs. IPKW's advantage lies in its patent-focused strategy, which may attract investors seeking exposure to companies with strong intellectual property. A disadvantage could be its relatively smaller AUM compared to larger innovation ETFs.

Historical Performance: Historical financial performance data not directly available in JSON format for all periods.

Benchmark Comparison: Benchmark comparison data not directly available in JSON format for all periods.

Expense Ratio: 0.6

Average Trading Volume

The ETF's average trading volume can vary; review current data for accurate assessment of the ETF's ease of trading.

Bid-Ask Spread

The bid-ask spread fluctuates based on market conditions; refer to real-time quotes for the current spread which indicates the cost of trading.

Market Environment Factors

Economic indicators, growth prospects in developed international markets, and trends in technological innovation all influence IPKW's performance.

Growth Trajectory

IPKW's growth trajectory is dependent on the performance of international companies with strong patent portfolios, influenced by technological advancements and global market conditions; changes to the index methodology can also affect its holdings.

Competitive Edge

IPKW's competitive advantage stems from its unique focus on international companies with leading patent portfolios. This niche focus allows investors to target companies actively engaged in innovation and intellectual property development. The ETF's quantitative methodology for selecting holdings based on patent strength provides a differentiated approach compared to broader international equity ETFs. This targeted strategy can potentially deliver higher returns if innovation translates into market leadership.

Volatility

The ETF's volatility can be influenced by fluctuations in international equity markets and the performance of technology and industrial sectors.

Market Risk

Specific risks include currency fluctuations, political and economic instability in international markets, and the potential for patent disputes or obsolescence.

Ideal Investor Profile

The ideal investor is one seeking exposure to international companies with strong innovation and intellectual property. Investors looking to diversify their portfolios with a focus on technology and industrial sectors in developed international markets may find this ETF suitable.

Market Risk

IPKW may be suitable for long-term investors seeking growth potential from innovative companies, but active monitoring and an understanding of international market dynamics are recommended.

The Pacer Nasdaq International Patent Leaders ETF (IPKW) offers targeted exposure to international companies with strong patent portfolios. It utilizes a quantitative methodology to select holdings based on patent strength, offering a unique investment strategy. The ETF is suited for investors looking to capitalize on innovation in developed international markets and diversify their portfolios beyond US equities. However, potential investors should be aware of the risks associated with international investing and sector-specific concentration.

• PID
• FITE
• CXSE
• IXUS
• VEU

Data Sources:

• Pacer ETFs website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share information availability limited.