Pacer American Energy Etf Profile
| USAI Etf | USD 41.26 0.20 0.49% |
Performance23 of 100
| Odds Of DistressLess than 9
|
Pacer American is trading at 41.26 as of the 27th of November 2024. This is a 0.49 percent increase since the beginning of the trading day. The etf's open price was 41.06. Pacer American has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Pacer American Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in the component securities of the index and depositary receipts representing foreign securities. American Energy is traded on NYSEARCA Exchange in the United States. More on Pacer American Energy
Moving together with Pacer Etf
| 0.99 | EMLP | First Trust North | PairCorr |
| 0.9 | AMJ | JPMorgan | PairCorr |
| 0.88 | MLPA | Global X MLP | PairCorr |
| 1.0 | MLPX | Global X MLP | PairCorr |
| 1.0 | TPYP | Tortoise North American | PairCorr |
| 0.88 | AMZA | InfraCap MLP ETF | PairCorr |
Moving against Pacer Etf
Pacer Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Energy ETFs, Energy, Energy Limited Partnership, Pacer (View all Sectors) |
| Issuer | Pacer Financial |
| Inception Date | 2017-12-12 |
| Benchmark | American Energy Independence Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 76.22 Million |
| Average Trading Valume | 12,939.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Pacer Advisors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Pacer Financial, Inc. |
| Portfolio Manager | Bruce Kavanaugh, Michael Mack |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 27.0 |
| Market Maker | Jane Street |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 48.17 |
| Name | Pacer American Energy Independence ETF |
| Currency Code | USD |
| Open Figi | BBG00JGGY016 |
| In Threey Volatility | 20.49 |
| 1y Volatility | 9.54 |
| 200 Day M A | 33.5599 |
| 50 Day M A | 37.301 |
| Code | USAI |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
Pacer American Energy [USAI] is traded in USA and was established 2017-12-12. The fund is listed under Energy Limited Partnership category and is part of Pacer family. The entity is thematically classified as Sector ETFs. Pacer American Energy at this time have 41.14 M in net assets. , while the total return for the last 3 years was 24.4%.
Check Pacer American Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Pacer Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Pacer Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Pacer American Energy Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Pacer American Energy Currency Exposure
Pacer American Energy holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Pacer American will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Pacer American Energy.
Top Pacer American Energy Etf Constituents
| EPD | Enterprise Products Partners | Stock | Energy | |
| ET | Energy Transfer LP | Stock | Energy | |
| KMI | Kinder Morgan | Stock | Energy | |
| LNG | Cheniere Energy | Stock | Energy | |
| OKE | ONEOK Inc | Stock | Energy | |
| TRGP | Targa Resources | Stock | Energy | |
| WMB | Williams Companies | Stock | Energy | |
| ENLC | EnLink Midstream LLC | Stock | Energy |
Pacer American Energy Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pacer American. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2241 | |||
| Jensen Alpha | 0.2025 | |||
| Total Risk Alpha | 0.1196 | |||
| Sortino Ratio | 0.1915 |
Pacer American Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pacer American Energy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of Pacer American Energy is measured differently than its book value, which is the value of Pacer that is recorded on the company's balance sheet. Investors also form their own opinion of Pacer American's value that differs from its market value or its book value, called intrinsic value, which is Pacer American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pacer American's market value can be influenced by many factors that don't directly affect Pacer American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pacer American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.