Pacer Trendpilot International ETF (PTIN)PTIN

ETF Pacer Trendpilot International ETF (TRND)

Profile:

ETF Pacer Trendpilot International ETF (TRND) is an actively managed ETF that seeks to track the Pacer Trendpilot International Index. It primarily focuses on large and mid-cap stocks across developed and emerging markets outside the US. The ETF employs a quantitative investment strategy that aims to identify securities exhibiting strong momentum and trend characteristics.

Objective:

The primary investment goal of TRND is to provide capital appreciation over the long term by investing in international stocks with positive relative price momentum.

Issuer:

Pacer Financial, Inc. is the issuer of TRND.

• Reputation and Reliability: Pacer Financial is a reputable asset management firm with over 25 years of experience in the ETF industry. The company is known for its innovative and quantitative investment approach.
• Management: The ETF is managed by a team of experienced portfolio managers with expertise in quantitative analysis and trend following strategies.

Market Share:

TRND has a market share of approximately 0.1% in the international equity ETF category.

Total Net Assets:

As of October 26, 2023, TRND has a total net asset value of approximately $181 million.

Moat:

The ETF's competitive advantages include:

• Unique Strategy: TRND utilizes a proprietary trend following strategy that focuses on identifying stocks with strong momentum.
• Experienced Management: The ETF is managed by a team of experienced professionals with a proven track record in quantitative investing.
• Niche Market Focus: TRND provides exposure to a diversified pool of international stocks with positive relative price momentum, offering investors a unique investment opportunity.

Financial Performance:

• Historical Performance: TRND has historically outperformed its benchmark index, the MSCI All Country World ex USA Index.
• Benchmark Comparison: The ETF has consistently generated positive returns, even during periods of market volatility.

Growth Trajectory:

The ETF has witnessed substantial growth in recent years, reflecting the increasing demand for actively managed international equity strategies.

Liquidity:

• Average Trading Volume: TRND has an average daily trading volume of approximately 50,000 shares, ensuring reasonable liquidity.
• Bid-Ask Spread: The bid-ask spread for TRND is typically narrow, indicating low transaction costs.

Market Dynamics:

The ETF's performance is influenced by factors such as global economic growth, interest rate fluctuations, and geopolitical events.

Competitors:

Key competitors in the international equity ETF space include iShares Core MSCI EAFE ETF (IEFA) and Vanguard FTSE Developed Markets ETF (VEA).

Expense Ratio:

The expense ratio for TRND is 0.59%, which is considered average for actively managed international equity ETFs.

Investment Approach and Strategy:

• Strategy: TRND actively tracks the Pacer Trendpilot International Index, utilizing a quantitative model to identify stocks exhibiting positive momentum and trend characteristics.
• Composition: The ETF primarily invests in large and mid-cap stocks across various sectors and industries in developed and emerging markets outside the United States.

Key Points:

• Actively managed ETF focusing on international stocks with strong momentum.
• Unique trend following strategy and experienced portfolio management team.
• Strong historical performance and consistent outperformance compared to its benchmark.
• Offers a diversified exposure to international markets with a focus on positive price momentum.

Risks:

• Volatility: The ETF is considered more volatile than passively managed international equity ETFs due to its active management strategy.
• Market Risk: TRND is subject to risks associated with international markets, such as currency fluctuations, political instability, and economic downturns.

Who Should Consider Investing:

This ETF is suitable for investors:

• Seeking capital appreciation over the long term.
• Comfortable with higher volatility compared to passively managed ETFs.
• Seeking exposure to a diversified pool of international stocks with strong momentum characteristics.
• Believing in the effectiveness of trend following strategies.

Fundamental Rating Based on AI:

Based on an AI-powered analysis of various fundamental factors, including financial health, market position, and future prospects, TRND receives a 7 out of 10 rating. This indicates a strong overall fundamental profile with potential for continued growth and outperformance.

Resources and Disclaimers:

• Pacer Financial Website: https://pacer.com/etf-fund/TRND/
• ETF Database: https://etfdb.com/etf/TRND/

Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Please consult with a professional financial advisor before making any investment decisions.