Pacer Solactive Whitney Future of Warfare ETF
$34.43+0.16 (+0.46%)
- Expense ratio
- 0.49%
- Fund size
- $15M
- 1Y return
- +12.2%
- Yield · Last 12 months
- 0.76%
- Holdings
- 93
- Volume · 30D
- 0M sh
- NAV per share
- $34.63
- 52W range
The ETF.net FOWF Grade
Score 56 of 100 sits in the B 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.CScore 52Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 87Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 24Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 65Category rank
Our read on FOWF
BMost defense funds are built around the old primes. FOWF tracks the Solactive Whitney Future of Warfare Index, aimed at companies behind emerging defense technology across the U.S. and allied nations.
The Fund seeks capital appreciation by tracking companies that support critical emerging defense technologies in the U.S. and its allied nations.
Why people hold it
- Points at the next war, not the last one: the index targets companies supporting critical emerging defense technologies, not a broad aerospace-and-defense basket.
- 0.49% a year, right at the middle of the defense-theme pack. No niche premium charged for the narrower mandate.
- The mandate covers the U.S. and its allied nations, so allied suppliers abroad are in scope, not just Pentagon contractors.
- Roughly 100 holdings spread the theme across many names instead of a few giants, and the fund distributes quarterly.
Worth knowing
- Launched in December 2024, so the track record is short and any read on its risk profile rests on limited history.
- Small and thinly traded next to category heavyweights like ITA and XAR, which can mean wider spreads on larger orders.
- A narrow theme tied to defense budgets and procurement cycles, so it can move very differently from a broad market fund.
FOWF Holdings
- Stocks
- 93
- 48%
- BA
Sectors
- Industrials60.5%
- Technology30.0%
- Communication5.6%
- Materials2.6%
- Consumer Discr.1.4%
Geography
- United States78.27%
- United Kingdom6.90%
- France4.02%
- Germany2.72%
- Canada2.01%
- Ireland1.99%
- Sweden1.36%
- Norway0.77%
- 1.94%
FOWF 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 | FOWF |
|---|---|
| Year to date | +10.9% |
| 1 month | −4.3% |
| 3 months | +3.4% |
| 1 year | +12.2% |
| 3 years | — |
| 5 years | — |
| 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 | FOWF |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | +29.1% | |
| 2024 | +0.4% |
FOWF in the news
ETF.net Research hasn’t filed on FOWF yet — coverage lands here as it’s written.
FOWF Dividends
- 0.76%
- $0.26
- $0.06 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 3, 2026 | Sep 8, 2026 | $0.06 |
| Jun 4, 2026 | Jun 8, 2026 | $0.12 |
| Mar 5, 2026 | Mar 9, 2026 | $0.03 |
| Dec 30, 2025 | Jan 5, 2026 | $0.05 |
| Sep 4, 2025 | Sep 10, 2025 | $0.05 |
| Jun 5, 2025 | Jun 11, 2025 | $0.11 |
| Mar 6, 2025 | Mar 12, 2025 | $0.03 |
FOWF Risk
- 12.2%
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.
- 1.69
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.
- −12.3%
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.
- 0.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FOWF Cost
- The middle half of Defense & Aerospace funds
- Median 0.50%
10 of the 25 Defense & Aerospace funds charge less.