Pacer Lunt Large Cap Alternator ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$34.11
- Net Assets:$0 Million
- NAV:$34.08
- Premium0.09%
- Peer Rank:152 of 161
- Investment Rating:D-
- Performance:D-
- RiskC
We rate Pacer Lunt Large Cap Alternator at D-. Negative factors that influence this rating include a high price volatility and short term portfolio management tenure. The fund may be considered for investors seeking a Growth & Income strategy.
Total return ranks well below peers over the last three years. The Pacer Lunt Large Cap Alternator has returned an annual rate of 12.13% since inception. More recently, the fund has generated a total return of -3.30% in the last three years, -12.48% in the last year, and -8.58% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 19% of them. It has also outpaced 5% of its competitors on a one year basis for the period ending 2/29/2024. On a year to date basis, ALTL has returned 1.28%.
Downside risk has been below average. ALTL has a draw down risk of -31.23%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 17.6%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As ALTL is an exchange traded fund, it has no front end or back end load.
The Pacer Lunt Large Cap Alternator is managed by Bruce Kavanaugh at Pacer Advisors Inc. This fund is one of 41 Pacer Advisors Inc exchange-traded funds launched since 2/19/2015 that we track.