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Launched · SEC filings

Pacer International Export Leaders ETF

PIELCboeF

$28.26−0.20 (−0.70%)

As of Oct 13, 2026, 9:30 AM

F15/ 100

Rank 30 of 30 in International Multifactor

F15/100Rank 30 of 30inInternational Multifactor
Intraday session: down, 1 prints from 28.46 to 28.26. Range 28.26 to 28.26. Use the arrow keys to read each point.28.1028.2028.4028.6010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$1M
1Y total return
—
Yield · Last 12 months
—
Holdings
105
Avg volume · 30D
0M sh
NAV per share
$28.51
52W range
low $23.64high $30.20
Launched
Filings
SEC EDGAR

The ETF.net PIEL Grade

Based on 5 of 6 pillars

F

Score 15 out of 100

Category
International Multifactor⁠
Rank
30 of 30
Six-pillar profile for PIEL. Scores out of 100: Cost 17, Risk 17, Mission not scored, Tradability 5, Holdings 23, Durability 24. Strongest: Durability (24). Weakest: Tradability (5). Based on 5 of 6 pillars.

Score 15 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.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
16
This cap took
−0
Published Score
15 Grade F

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F17 out of 100
    Rank 25 of 30

  • 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.
    F17 out of 100
    Rank 30 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F5 out of 100
    Rank 30 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F23 out of 100
    Rank 28 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F24 out of 100
    Rank 29 of 30

Our read on PIEL

ETF.net Research

FMost international factor funds sort on cheap or fast-growing. PIEL sorts by passport: developed-market companies outside the US that sell the most abroad, narrowed to the 100 with the highest free-cash-flow margins.

Stated mandate

The fund seeks global market growth by screening the FTSE Developed ex US Index for the top 100 large- and mid-capitalization companies with high foreign sales and high free-cash-flow margins.

Why people hold it

  1. 01Two questions run the screen: who sells the most outside their home country, and who converts the most of those sales into free cash. The top 100 survivors get in.sec.gov
  2. 02Market-cap weighted with a 5% cap on any one holding and rebuilt twice a year, so a single mega-cap cannot swallow the portfolio.sec.gov
  3. 03Pacer has run this export-plus-free-cash-flow playbook on US stocks since 2018. This is the same idea pointed at developed markets outside the US.sec.gov

Worth knowing

  1. 01At 0.60% a year it costs more than most of the international multifactor field, where INTF charges 0.16% and GSIE 0.25%.
  2. 02Small and lightly traded, which usually means wider bid-ask spreads and more of your cost buried in the trade rather than the fee.
  3. 03Launched in 2025, so there is no long record to judge, and the semi-annual rebuild can reshuffle the roster meaningfully.sec.gov

PIEL Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
105
Top-10 weight
39%
Largest holding
ASML.AS5.3%

Geography

  • Switzerland15.98%
  • United Kingdom11.93%
  • Japan11.38%
  • Korea (the Republic of)10.03%
  • France9.23%
  • Netherlands8.45%
  • Canada8.34%
  • Germany5.56%
  • Other countries (11)19.11%

Developed 89% · Emerging 11% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASML.ASASML Holding NV5.35%34$61K195
002000660.KSSK hynix Inc4.72%43$54K187
003005930.KSSamsung Electronics Co Ltd4.59%268$52K176
004ROP.SWRoche Holding AG4.15%110$47K199
005NOVN.SWNovartis AG4.01%319$46K185
006SAP.DESap SE3.63%193$41K164
007AZN.LAstraZeneca PLC3.38%243$39K162
008NESN.SWNestle SA3.22%401$37K162
009BHP.AXBHP Group Ltd2.98%800$34K152
010MC.PALVMH Moet Hennessy Louis Vuitton SE2.91%78$33K142
011SHOP.TOShopify Inc2.88%192$33K121
0126857.TAdvantest Corp2.60%113$30K179
013ITX.MCIndustria de Diseno Textil SA2.60%491$30K144
0148035.TTokyo Electron Ltd2.51%365$29K181
015RMS.PAHermes International SCA2.14%17$24K121

Showing 1–15 of 105 holdings

PIEL Performance

Launched Dec 22, 2025

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.Not enough history yet.
PIEL$11,274
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. PIEL $11,274. SPY $11,500. Use the arrow keys to read each point.$9,114$10,638$12,161Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

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.

Trailing total return for PIEL. Periods over one year show the average yearly return.
PeriodPIEL
Year to date+12.7%
1 month−0.5%
3 months−1.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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 PIEL
YearReturn barPIEL
2026 YTD+12.7%
2025−0.4%

History from Dec 23, 2025

PIEL in the news

Filtered to PIEL · Pacer

PIEL 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 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Dec 2025. No distributions yet.

PIEL Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
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.
—
Launched Dec 2025; fills in after 12 months
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.
—
Launched Dec 2025; fills in after 12 months
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.
1.19
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.

PIEL Cost

Expense ratio0.60%
  • The middle half of International Multifactor funds
  • Median 0.35%

24 of the 30 International Multifactor funds charge less.

PIEL costs $60.00 a year on $10,000. The median International Multifactor fund costs $35.50.

Other funds in International Multifactor

See others