Pacer US Small Cap Cash Cows ETF
$54.33−0.48 (−0.88%)
- Expense ratio
- 0.59%
- Fund size
- $3.7B
- 1Y return
- +26.4%
- Yield · Last 12 months
- 1.17%
- Holdings
- 202
- Volume · 30D
- 0.5M sh
- NAV per share
- $55.09
- 52W range
The ETF.net CALF Grade
Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 14Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 42Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 74Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 49Category rank
Our read on CALF
CSmall caps, one filter: cash. CALF ranks the S&P US small-cap universe by free cash flow yield and keeps the top 200, a cash-first alternative to the usual book-value screens. Running since 2017.
The fund seeks long-term capital appreciation by screening the S&P US SmallCap universe and selecting the top 200 small-cap companies based on free cash flow yield.
Why people hold it
- The screen is blunt in a good way: rank the S&P US small-cap universe on free cash flow yield, own the top 200. The filter rewards businesses generating cash, not just cheap-looking balance sheets.
- Easy to get in and out of. It is an actively traded fund with over a billion in assets, and one of the smoother names to trade in its small-cap peer group.
- Not a science project. Live since 2017, roughly 200 holdings, distributions paid quarterly, and it sits in the upper half of a crowded field of 35 small-cap strategy funds.
Worth knowing
- 0.59% a year is real money next to the systematic small-cap crowd, where AVUV and AVSC charge 0.25% and DUHP 0.20%. The cash flow screen is what you are paying up for.
- One factor drives the whole portfolio. A free cash flow screen can pile into whichever sectors are throwing off cash, so the sector mix can look nothing like a plain small-cap index.
- Small caps move harder than large caps, and this one holds only a slice of the universe (about 200 names), so choppy stretches come with the design.
CALF Holdings
- Stocks
- 202
- 21%
- THC
Sectors
- Technology27.1%
- Consumer Discr.18.8%
- Energy14.5%
- Health Care11.7%
- Industrials9.8%
- Communication7.2%
- Materials4.8%
- Cons. Staples4.5%
- Real Estate1.6%
Geography
- United States97.87%
- Bermuda0.88%
- Monaco0.49%
- Switzerland0.46%
- Israel0.30%
CALF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | CALF |
|---|---|
| Year to date | +24.2% |
| 1 month | −4.9% |
| 3 months | +12.3% |
| 1 year | +26.4% |
| 3 years | +11.5% |
| 5 years | +6.9% |
| 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 | CALF |
|---|---|---|
| 2026 YTD | +24.2% | |
| 2025 | +2.3% | |
| 2024 | −7.4% | |
| 2023 | +35.4% | |
| 2022 | −15.2% | |
| 2021 | +40.7% | |
| 2020 | +16.6% |
CALF in the news
ETF.net Research hasn’t filed on CALF yet — coverage lands here as it’s written.
CALF Dividends
- 1.17%
- $0.64
- $0.19 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 3, 2026 | Sep 8, 2026 | $0.19 |
| Jun 4, 2026 | Jun 8, 2026 | $0.04 |
| Mar 5, 2026 | Mar 9, 2026 | $0.07 |
| Dec 30, 2025 | Jan 5, 2026 | $0.33 |
| Sep 4, 2025 | Sep 10, 2025 | $0.16 |
| Jun 5, 2025 | Jun 11, 2025 | $0.08 |
| Mar 6, 2025 | Mar 12, 2025 | $0.07 |
| Dec 27, 2024 | Jan 2, 2025 | $0.14 |
| Sep 26, 2024 | Oct 2, 2024 | $0.15 |
| Jun 27, 2024 | Jul 3, 2024 | $0.10 |
| Mar 21, 2024 | Mar 27, 2024 | $0.08 |
| Dec 27, 2023 | Jan 3, 2024 | $0.16 |
CALF Risk
- 19.3%
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.
- 0.44
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.
- −34.2%
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.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CALF Cost
- The middle half of US Factor Index funds
- Median 0.30%
24 of the 29 US Factor Index funds charge less.