Pacer Lunt Large Cap Alternator ETF
$42.95−0.18 (−0.42%)
- 0.60%
- $84M
- +5.3%
- 1.37%
- 0M sh
- $44.07
- low $39.93high $51.77
The ETF.net ALTL Grade
D
Score 27 out of 100
- 28 of 30
Score 27 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 27 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D25 out of 100Rank 27 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 22 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 5 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F16 out of 100Rank 29 of 30
Our read on ALTL
DMost factor funds blend their bets. ALTL flips a switch: each month it holds either the S&P 500's 100 lowest-volatility names or its 100 highest-beta ones, never both, based on a relative-strength signal.
ALTL seeks to track an index that alternates between low-volatility and high-beta stocks within the S&P 500. The rules-based index rotates monthly using a relative-strength signal.
Why people hold it
- The mechanism is refreshingly simple to hold in your head: one relative-strength reading, two possible portfolios, checked monthly. You own S&P 500 large caps either way, just the calm 100 or the jumpy 100.paceretfs.com
- Rules do the deciding, not a manager's gut. The Lunt Capital index is calculated by S&P Dow Jones Indices, and the switch fires on schedule regardless of how the headlines feel.paceretfs.com
- The rotation happens inside the fund. You are not the one selling a low-vol basket and buying a high-beta one in your own account every time the signal turns.paceretfs.com
- Both sleeves are drawn from the same 500-stock universe, so the portfolio stays roughly 100 recognizable US large caps rather than wandering into small caps or overseas names.composer.trade
Worth knowing
- At 0.60%, the fee sits at the expensive end of US factor ETFs. Plain-vanilla peers in the group price far lower: MGV at 0.05%, SIZE at 0.15%.
- All-or-nothing by design. Hold the wrong sleeve for a month and there is no other sleeve cushioning it. The prospectus flags alternator strategy risk and high portfolio turnover.paceretfs.com
- Shares change hands lightly compared with the category's giants, so bid-ask spreads and order type matter more here than with a mega-liquid index fund.
ALTL Holdings
- Stocks
- 101
- 20%
- MRNA
Sectors
- Technology53.2%
- Industrials14.1%
- Financials9.6%
- Consumer Discretionary8.5%
- Health Care4.8%
- Communication3.1%
- Materials3.0%
- Utilities2.3%
- Consumer Staples0.8%
- Energy0.6%
Geography
- United States95.64%
- Ireland2.20%
- Netherlands0.94%
- Switzerland0.68%
- Canada0.53%
ALTL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
ALTL$10,530
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ALTL |
|---|---|
| Year to date | +1.1% |
| 1 month | −5.4% |
| 3 months | −12.0% |
| 1 year | +5.3% |
| 3 years | +9.4% |
| 5 years | +2.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ALTL |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +16.6% | |
| 2024 | +12.3% | |
| 2023 | −15.9% | |
| 2022 | −10.7% | |
| 2021 | +45.3% | |
| 2020 | +33.8% |
ALTL in the news
ALTL Dividends
- 1.37%
- $0.59
- $0.20 per share
- Quarterly
Distribution history
ALTL Risk
- 16.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.37
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −31.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ALTL Cost
0.60%
ALTL0.60%
- The middle half of US Factor Index funds
- Median 0.30%
26 of the 30 US Factor Index funds charge less.
Other funds in US Factor Index
- DUPGDInvesco Bloomberg Analyst Rating Improvers ETFExpense ratio 0.40%1 year return +13.1%
- DXSHDInvesco S&P SmallCap High Dividend Low Volatility ETFExpense ratio 0.30%1 year return +4.8%
- DPKWInvesco BuyBack Achievers ETFExpense ratio 0.63%1 year return +15.6%
- DQFHDPacer S&P 500 Quality FCF High Dividend ETFExpense ratio 0.49%1 year return —
- DPDPInvesco Dorsey Wright Momentum ETFExpense ratio 0.62%1 year return +20.0%