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Launched · SEC filings

Pacer Lunt Large Cap Alternator ETF

ALTLNYSE ArcaPacerD

$38.54−0.68 (−1.74%)

As of Nov 2, 2026, 3:59 PM ET

D25/ 100

Rank 28 of 30 in US Factor Index

D25/100Rank 28 of 30inUS Factor Index
Intraday session: down, 78 prints from 39.22 to 38.54. Range 38.51 to 39.91. Use the arrow keys to read each point.38.7539.0039.5039.7510 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$73M
1Y total return
−10.6%
Yield · Last 12 months
1.51%
Holdings
100
Avg volume · 30D
8.06K sh
52W range
low $38.63high $51.77
Launched
Filings
SEC EDGAR

The ETF.net ALTL Grade

Based on 5 of 6 pillars

D

Score 25 out of 100

Category
US Factor Index⁠
Rank
28 of 30
Six-pillar profile for ALTL. Scores out of 100: Cost 10, Risk 13, Mission not scored, Tradability 38, Holdings 80, Durability 13. Strongest: Holdings (80). Weakest: Cost (10). Based on 5 of 6 pillars.

Score 25 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 100
    Rank 27 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F13 out of 100
    Rank 30 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 20 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A80 out of 100
    Rank 4 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F13 out of 100
    Rank 29 of 30

Our read on ALTL

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 24, 2020

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$8,936
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ALTL $8,936. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for ALTL. Periods over one year show the average yearly return.
PeriodALTL
Year to date−8.0%
1 month−10.3%
3 months−14.5%
1 year−10.6%
3 yearsper year+8.9%
5 yearsper year−0.9%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ALTL
YearReturn barALTL
2026 YTD−8.0%
2025+16.6%
2024+12.3%
2023−15.9%
2022−10.7%
2021+45.3%
2020+33.8%

History from Jun 25, 2020

ALTL in the news

ALTL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.51%Last 12 months
Payout per share
$0.59Last 12 months
Last payment
$0.20 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 25 payments from 2020 to 2026 YTD. Sep 21, 2020 $0.09; Dec 21, 2020 $0.15; Mar 22, 2021 $0.18; Jun 21, 2021 $0.08; Sep 23, 2021 $0.14; Dec 23, 2021 $0.09; Mar 24, 2022 $0.12; Jun 23, 2022 $0.13; Sep 22, 2022 $0.08; Dec 22, 2022 $0.17; Mar 23, 2023 $0.08; Jun 22, 2023 $0.11; Sep 21, 2023 $0.06; Dec 27, 2023 $0.18; Mar 21, 2024 $0.07; Jun 27, 2024 $0.17; Sep 26, 2024 $0.14; Dec 27, 2024 $0.20; Mar 6, 2025 $0.0026; Jun 5, 2025 $0.07; Sep 4, 2025 $0.05; Dec 30, 2025 $0.29; Mar 5, 2026 $0.07; Jun 4, 2026 $0.03; Sep 3, 2026 $0.20. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 3, 2026Sep 8, 2026$0.20
Jun 4, 2026Jun 8, 2026$0.03
Mar 5, 2026Mar 9, 2026$0.07
Dec 30, 2025Jan 5, 2026$0.29
Sep 4, 2025Sep 10, 2025$0.05
Jun 5, 2025Jun 11, 2025$0.07
Mar 6, 2025Mar 12, 2025$0.0026
Dec 27, 2024Jan 2, 2025$0.20
Sep 26, 2024Oct 2, 2024$0.14
Jun 27, 2024Jul 3, 2024$0.17
Mar 21, 2024Mar 27, 2024$0.07
Dec 27, 2023Jan 3, 2024$0.18

See all 25 payments⁠

$10,000 in ALTL 5 years ago paid $517 in dividends.⁠

ALTL Risk

Risk pillarF13 out of 100Rank 30 of 30 in US Factor Index
How much the fund’s monthly returns vary, scaled to a year.
16.8%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.33
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−31.9%
Trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.81
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ALTL Cost

Compare ALTL and MGV

Overpaying vs MGV, cheapest in US Factor Index

$10,757

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ALTL 0.60%

    $11,817

  • MGV 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • ALTL 0.60%
  • MGV 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530ALTL $11,817MGV $1,060

Year by year

YearALTLMGVOverpaying
10$1,076$92$984
20$4,116$360$3,756
30$11,817$1,060$10,757

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