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Launched

Pacer Nasdaq International Patent Leaders ETF

PATNNasdaqPacerF

$32.26−0.40 (−1.22%)

As of Nov 10, 2026, 11:25 AM ET

F17/ 100

Rank 15 of 15 in International Factor Index

F17/100Rank 15 of 15inInternational Factor Index
Intraday session: down, 24 prints from 32.66 to 32.26. Range 32.26 to 32.66. Use the arrow keys to read each point.32.4032.5032.6010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$366M
1Y total return
+24.8%
Yield · Last 12 months
1.92%
Holdings
106
Avg volume · 30D
139K sh
52W range
low $25.71high $38.85
Launched

The ETF.net PATN Grade

Based on 5 of 6 pillars

F

Score 17 out of 100

Category
International Factor Index⁠
Rank
15 of 15
Six-pillar profile for PATN. Scores out of 100: Cost 0, Risk 19, Mission not scored, Tradability 41, Holdings 24, Durability 27. Strongest: Tradability (41). Weakest: Cost (0). Based on 5 of 6 pillars.

Score 17 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.
    F0 out of 100
    Rank 15 of 15

  • 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.
    F19 out of 100
    Rank 14 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 9 of 15

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F24 out of 100
    Rank 15 of 15

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D27 out of 100
    Rank 12 of 15

Our read on PATN

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Sep 16, 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.
PATN$12,477
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. PATN $12,477. SPY $11,339. Use the arrow keys to read each point.$10,000$12,000$14,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 PATN. Periods over one year show the average yearly return.
PeriodPATN
Year to date+21.5%
1 month−7.9%
3 months−8.0%
1 year+24.8%
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 PATN
YearReturn barPATN
2026 YTD+21.5%
2025+39.9%
2024−1.2%

Since listing, Sep 16, 2024

PATN in the news

PATN 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 Nov 9, 2026.
1.92%Last 12 months
Payout per share
$0.63Last 12 months
Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 6 payments from 2024 to 2026 YTD. Dec 27, 2024 $0.06; Jun 5, 2025 $0.07; Sep 4, 2025 $0.0093; Dec 30, 2025 $0.53; Jun 4, 2026 $0.05; Sep 3, 2026 $0.05. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 3, 2026Sep 8, 2026$0.05
Jun 4, 2026Jun 8, 2026$0.05
Dec 30, 2025Jan 5, 2026$0.53
Sep 4, 2025Sep 10, 2025$0.0093
Jun 5, 2025Jun 11, 2025$0.07
Dec 27, 2024Jan 2, 2025$0.06

$10,000 in PATN 1 year ago paid $230 in dividends.

PATN Risk

Risk pillarF19 out of 100Rank 14 of 15 in International Factor Index
How much the fund’s monthly returns vary, scaled to a year.
21.7%
Annualised · 25 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.
0.94
vs 3-month T-bills · 25 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.
−18.5%
25 months · trough Nov 2026
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.
0.94
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.

PATN Cost

Compare PATN and VDG

Overpaying vs VDG, cheapest in International Factor Index

$11,028

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

  • PATN 0.65%

    $12,717

  • VDG 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • PATN 0.65%
  • VDG 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PATN $12,717VDG $1,689

Year by year

YearPATNVDGOverpaying
10$1,163$147$1,016
20$4,440$575$3,865
30$12,717$1,689$11,028

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