Overview
Description
The Pacer US Cash Cows 100 ETF is an exchange-traded fund focused on providing investment results that correspond to the performance of the Pacer US Cash Cows 100 Index. This index tracks the top 100 companies in the United States based on their free cash flow yields, capturing a key indicator of corporate financial health. By emphasizing free cash flow yield, the ETF seeks to highlight companies that demonstrate efficiency in generating surplus cash after covering operating expenses and capital expenditures. This approach aims to identify firms with strong financial fundamentals, particularly those in the mid-cap to large-cap range across varied sectors such as information technology, consumer goods, and industrials. The strategy of focusing on cash flow ensures a focus on those firms that may be undervalued relative to their cash production capabilities, offering insight into sustainable profitability. The Pacer US Cash Cows 100 ETF hence serves as a tool for investors to gain exposure to financially robust U.S. companies, emphasizing cash management and operational performance as indicators of potential business success.
About
Address
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Phone
(610) 644-8100
Website
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Instrument type
ETF
Country
United States
MIC code
BATS