USAI

Pacer American Energy Independence ETF

USAI tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. The fund holds fixed percentages of different categories of holdings.


US

EQUITY

Rules-Based

MANAGEMENT STYLE

62.1 M

ASSETS UNDER MGMT

75 bp

EXPENSES
Fund Basics
Fund sponsorPacer Financial
CategoryUS
Asset classEquity
Websitelink...
Inception dateDec 12, 2017
Assets (mns)$62
Expense ratio75 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionMarket Cap
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TRANSCANADA CORP 8.1 %
ENBRIDGE INC 7.8 %
ONEOK INC 7.8 %
CHENIERE ENERGY INC 7.4 %
WILLIAMS COS INC 7.2 %
ENERGY TRANSFER, L.P. 6.9 %
TARGA RESOURCES CORP 4.7 %
PEMBINA PIPELINE CORP 4.4 %
KINDER MORGAN INC 4.3 %
ENTERPRISE PRODUCTS PARTNERS 4.0 %
Constituent Breakdown
Number of holdings26
Herfindahl-Hirschman Index 512
Wgt avg mkt cap (mns)$34,028
Large cap (>$10bn)69.2%
Mid cap ($2-10bn)19.8%
Small cap (<$2bn)6.8%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 74.0 %
CANADA 25.7 %
Historical Performance


Standardized Performance (as of 09/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 25.1% 34.0% 24.8% 19.3% 15.3% -- 11.0%
Volatility 12.5% 13.9% 20.6% 21.4% 31.7% -- --
Market Correlations
versus...BetaR-squared
S&P 5000.8451%
MSCI EAFE0.7742%
MSCI Emg Mkts0.5419%
Liquidity Measures
Avg. volume (000)4
Turnover0.2%
Avg. Bid/Ask (% of price)0.20%
ADV of underlying (mns)$1,854
Technical Indicators
Recent close$36.55
30d moving avg.$34.63
Annualized volatility21.0%
Relative strength (RSI)58
Short interest (ETF)0.1%
Short interest (underlying)2.7%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: USAI vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.0 16.5 3.2 5.1% --
Based on closing prices from 10/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
USAI



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

USAI

3.7%

Cat. Avg

5.6%


ALTAR Score™ Calculation

Category Overview
There are 936 funds in the US Equity category, with an average ALTAR Score™ of 5.6% and a standard deviation of 2.4%. USAI's ALTAR Score™ is approximately 0.8 standard deviations below the category average. This places USAI in the 22nd percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

USAI
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
US Equity ETFs
# of ETFs 609
Avg. Expense Ratio 46.6 bp
Std. Deviation 32.9 bp
USAI (75 bp) Percentile rank 81
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
USAI 75.0 20.0 95
Peer Avg. 47.1 17.5 64.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .