Pacer US Small Cap Cash Cows ETF
$55.34+0.58 (+1.06%)
- 0.59%
- $3.6B
- +33.3%
- 1.17%
- 0.5M sh
- $54.64
- low $41.85high $58.34
The ETF.net CALF Grade
C
Score 39 out of 100
- 21 of 30
Score 39 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. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 26 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 20 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 19 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 12 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 4 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 20 of 30
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
- 201
- 20%
- DINO
Sectors
- Consumer Discretionary23.1%
- Technology22.8%
- Energy12.2%
- Industrials11.7%
- Health Care9.8%
- Communication8.1%
- Consumer Staples7.3%
- Materials3.0%
- Real Estate2.0%
- Financials0.2%
Geography
- United States92.80%
- Switzerland3.14%
- Canada1.21%
- Ireland1.17%
- Bermuda0.79%
- Monaco0.59%
- 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.
Not enough history yet.
CALF$13,334
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 | CALF |
|---|---|
| Year to date | +24.1% |
| 1 month | −2.1% |
| 3 months | +6.2% |
| 1 year | +33.3% |
| 3 years | +11.7% |
| 5 years | +6.5% |
| 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 | +24.1% | |
| 2025 | +2.3% | |
| 2024 | −7.4% | |
| 2023 | +35.4% | |
| 2022 | −15.2% | |
| 2021 | +40.7% | |
| 2020 | +16.6% |
CALF in the news
CALF Dividends
- 1.17%
- $0.64
- $0.19 per share
- Quarterly
Distribution history
CALF Risk
- 19.8%
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.
- 0.34
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.
- 1.03
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
0.59%
CALF0.59%
- The middle half of US Factor Index funds
- Median 0.30%
25 of the 30 US Factor Index funds charge less.
Other funds in US Factor Index
- CTMFCMotley Fool 100 Index ETFExpense ratio 0.50%1 year return +18.0%
- CPOWAInvesco Bloomberg Pricing Power ETFExpense ratio 0.40%1 year return +1.5%
- DHAPSHarbor Human Capital Factor US Small Cap ETFExpense ratio 0.61%1 year return +21.1%
- 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%