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Launched

Pacer Solactive Whitney Future of Warfare ETF

FOWFCboePacerB

$35.000.00 (+0.01%)

As of Nov 2, 2026, 10:00 AM ET

B61/ 100

Rank 5 of 26 in Defense & Aerospace

B61/100Rank 5 of 26inDefense & Aerospace
Intraday session: up, 1 prints from 35.00 to 35.00. Range 35.00 to 35.00. Use the arrow keys to read each point.35.0035.0035.0035.0035.0010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$15M
1Y total return
+11.9%
Yield · Last 12 months
0.74%
Holdings
88
Avg volume · 30D
1.79K sh
52W range
low $29.48high $37.41
Launched

The ETF.net FOWF Grade

Based on 5 of 6 pillars

B

Score 61 out of 100

Category
Defense & Aerospace⁠
Rank
5 of 26
Six-pillar profile for FOWF. Scores out of 100: Cost 52, Risk 89, Mission not scored, Tradability 46, Holdings 75, Durability 64. Strongest: Risk (89). Weakest: Tradability (46). Based on 5 of 6 pillars.

Score 61 of 100 falls in the B 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.
    C52 out of 100
    Rank 12 of 26

  • 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.
    A89 out of 100
    Rank 2 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 12 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A75 out of 100
    Rank 5 of 26

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 9 of 26

Our read on FOWF

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Dec 17, 2024

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.Not enough history yet.Not enough history yet.
FOWF$11,193
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. FOWF $11,193. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 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 FOWF. Periods over one year show the average yearly return.
PeriodFOWF
Year to date+13.2%
1 month+4.3%
3 months−0.4%
1 year+11.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
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 FOWF
YearReturn barFOWF
2026 YTD+13.2%
2025+29.1%
2024+0.4%

History from Dec 18, 2024

FOWF in the news

FOWF 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.
0.74%Last 12 months
Payout per share
$0.26Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 7 payments from 2025 to 2026 YTD. Mar 6, 2025 $0.03; Jun 5, 2025 $0.11; Sep 4, 2025 $0.05; Dec 30, 2025 $0.05; Mar 5, 2026 $0.03; Jun 4, 2026 $0.12; Sep 3, 2026 $0.06. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 3, 2026Sep 8, 2026$0.06
Jun 4, 2026Jun 8, 2026$0.12
Mar 5, 2026Mar 9, 2026$0.03
Dec 30, 2025Jan 5, 2026$0.05
Sep 4, 2025Sep 10, 2025$0.05
Jun 5, 2025Jun 11, 2025$0.11
Mar 6, 2025Mar 12, 2025$0.03

$10,000 in FOWF 1 year ago paid $82.69 in dividends.

FOWF Risk

Risk pillarA89 out of 100Rank 2 of 26 in Defense & Aerospace
How much the fund’s monthly returns vary, scaled to a year.
13.1%
Annualised · 22 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.
1.36
vs 3-month T-bills · 22 months 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.
−12.3%
22 months · trough Apr 2025
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.
0.55
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.

FOWF Cost

Compare FOWF and XAR

Overpaying vs XAR, tied cheapest in Defense & Aerospace

$2,666

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

  • FOWF 0.49%

    $9,792

  • XAR 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • FOWF 0.49%
  • XAR 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FOWF $9,792XAR $7,126

Year by year

YearFOWFXAROverpaying
10$883$634$249
20$3,394$2,454$940
30$9,792$7,126$2,666

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