Pacer Nasdaq International Patent Leaders ETF
$36.07−0.62 (−1.69%)
- Expense ratio
- 0.65%
- Fund size
- $318M
- 1Y return
- +45.0%
- Yield · Last 12 months
- 1.71%
- Holdings
- 108
- Volume · 30D
- 0.1M sh
- NAV per share
- $35.81
- 52W range
The ETF.net PATN Grade
Score 26 of 100 sits in the F 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 7Category 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.DScore 31Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 24Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 25Category rank
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
- 108
- 43%
- 2330.TW
Sectors
- Technology46.8%
- Industrials17.3%
- Consumer Discr.10.8%
- Health Care8.4%
- Communication6.8%
- Cons. Staples5.6%
- Materials2.8%
- Energy0.9%
- Financials0.6%
Geography
- Japan26.16%
- Taiwan15.22%
- South Korea15.13%
- China9.57%
- Switzerland9.17%
- Germany7.76%
- France7.55%
- Netherlands6.45%
- 2.97%
Developed 60% · Emerging 40%
PATN 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 | PATN |
|---|---|
| Year to date | +36.5% |
| 1 month | +2.4% |
| 3 months | −3.9% |
| 1 year | +45.0% |
| 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 | +36.5% | |
| 2025 | +39.9% | |
| 2024 | −1.2% |
PATN in the news
ETF.net Research hasn’t filed on PATN yet — coverage lands here as it’s written.
PATN Dividends
- 1.71%
- $0.63
- $0.05 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 3, 2026 | Sep 8, 2026 | $0.05 |
| Jun 4, 2026 | Jun 8, 2026 | $0.05 |
| Dec 30, 2025 | Jan 5, 2026 | $0.53 |
| Sep 4, 2025 | Sep 10, 2025 | $0.0093 |
| Jun 5, 2025 | Jun 11, 2025 | $0.07 |
| Dec 27, 2024 | Jan 2, 2025 | $0.06 |
PATN Risk
- 21.4%
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.
- 1.23
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
- The middle half of International Factor Index funds
- Median 0.38%
12 of the 14 International Factor Index funds charge less.