Pacer Nasdaq International Patent Leaders ETF
$34.70−0.33 (−0.93%)
- 0.65%
- $373M
- +38.7%
- 1.79%
- 0.1M sh
- $35.50
- low $25.71high $38.85
The ETF.net PATN Grade
F
Score 23 out of 100
- 15 of 15
Score 23 of 100 falls in the F 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.F7 out of 100Rank 14 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 12 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 9 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F24 out of 100Rank 15 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D25 out of 100Rank 13 of 15
Our read on PATN
FMost international funds sort companies by size, value or momentum. PATN sorts by patents, tracking a Nasdaq index that ranks large and mid cap non-US firms on what their patent portfolios are worth and holds the top 100.
The fund seeks international growth by tracking the 100 highest-ranked companies by patent valuation from a universe of large- and mid-cap non-U.S. companies.
Why people hold it
- The selection rule is genuinely unusual: a Nasdaq index scores non-US large and mid caps on patent valuation and keeps the top 100, so the portfolio is built around intellectual property rather than price or market cap.paceretfs.com
- Rules-based and spread wide: roughly 100 developed-market names outside the US, chosen and refreshed by index rule instead of a manager's judgment call.
- An R&D tilt without the usual US tech concentration: the whole universe is non-US, so it reaches the innovators that most American-listed innovation funds skip. Distributions are paid quarterly.
Worth knowing
- You pay up for the idea. The 0.65% expense ratio sits meaningfully above what a typical international factor fund charges, and that gap compounds against you every year you hold it.
- It launched in 2024, so there is not yet a long record showing how a patent-value screen behaves through a full market cycle or a growth-stock drawdown.
- Cheaper, longer-established international factor funds (EFAV at 0.20%, IDMO at 0.25%) currently sit well ahead of it in our peer group review.
PATN Holdings
- Stocks
- 105
- 43%
- 2330.TW
Sectors
- Technology48.7%
- Industrials16.7%
- Consumer Discretionary10.1%
- Health Care8.0%
- Communication6.9%
- Consumer Staples5.4%
- Materials2.7%
- Energy0.9%
- Financials0.6%
Geography
- Japan26.27%
- Taiwan16.04%
- South Korea15.64%
- China9.25%
- Switzerland8.88%
- Germany7.47%
- France6.87%
- Netherlands6.74%
- 2.83%
Developed 59% · Emerging 41%
PATN 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.Not enough history yet.Not enough history yet.
PATN$13,875
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 | PATN |
|---|---|
| Year to date | +30.3% |
| 1 month | −2.0% |
| 3 months | −3.0% |
| 1 year | +38.7% |
| 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 | PATN |
|---|---|---|
| 2026 YTD | +30.3% | |
| 2025 | +39.9% | |
| 2024 | −1.2% |
PATN in the news
PATN Dividends
- 1.79%
- $0.63
- $0.05 per share
- Quarterly
Distribution history
PATN Risk
- 20.9%
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.
- 1.20
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.
- −16.8%
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.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PATN Cost
0.65%
PATN0.65%
- The middle half of International Factor Index funds
- Median 0.34%
13 of the 15 International Factor Index funds charge less.
Other funds in International Factor Index
- CIQDGWisdomTree International Quality Dividend Growth FundExpense ratio 0.42%1 year return +9.5%
- CFYLDCambria Foreign Shareholder Yield ETFExpense ratio 0.59%1 year return +34.7%
- CIPKWInvesco International BuyBack Achievers ETFExpense ratio 0.55%1 year return +19.5%
- CVEFAVanEck MSCI EAFE Analyst Sentiment ETFExpense ratio 0.30%1 year return —
- DGRINVictoryShares International Free Cash Flow Growth ETFExpense ratio 1.06%1 year return +21.9%