Pacer Trendpilot US Bond ETF
$18.80−0.06 (−0.32%)
- Expense ratio
- 0.60%
- Fund size
- $87M
- 1Y return
- +0.5%
- Yield · Last 12 months
- 6.15%
- Holdings
- 1051
- Volume · 30D
- 0M sh
- NAV per share
- $18.81
- 52W range
The ETF.net PTBD Grade
Score 71 of 100 sits in the A 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.AScore 72Category 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.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 70Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 88Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on PTBD
ATrend following, pointed at bonds instead of stocks. A published rulebook shifts PTBD between high yield corporates and intermediate Treasuries as their relative strength changes, dialing credit risk up or down by formula rather than by opinion.
The Fund seeks to track, before fees and expenses, the total return of the Pacer Trendpilot US Bond Index through a rules-based strategy that alternates between high-yield corporate bonds and U.S. Treasury bonds.
Why people hold it
- The rulebook is public and mechanical: high yield measured against Treasuries, compared to its 100-day average, with five straight closes needed to confirm. No manager hunch involved.paceretfs.com
- 0.60% a year, comfortably below the median for tactical multi-asset funds. Cheap for a strategy that does the reallocating for you.
- Holds roughly 1,000 bonds in whichever sleeve the signal points to, so no single issuer carries much weight. Income is distributed monthly.
- Trading since 2019, long enough to have run the rules through a rate shock and a credit wobble, and it sits in the upper tier of the tactical funds we cover.
Worth knowing
- Trend rules react, they don't anticipate. A sharp reversal can flip the signal after the move has happened, and the confirmation window means the switch lands days later.paceretfs.com
- In its risk-on position the portfolio is high yield corporate debt, full stop. That is credit risk, a different animal from Treasury rate risk.paceretfs.com
- Not one of the heavily traded names in its category, so the spread and a limit order matter more here than with a mega-fund.
PTBD Holdings
- Bonds
- 1,051
- 5%
- Cash & Other
Geography
- United States86.13%
- Canada3.88%
- United Kingdom2.16%
- Luxembourg1.21%
- Japan1.09%
- France1.09%
- Cayman Islands0.78%
- Netherlands0.70%
- 2.97%
PTBD 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 | PTBD |
|---|---|
| Year to date | +1.2% |
| 1 month | −0.7% |
| 3 months | −0.2% |
| 1 year | +0.5% |
| 3 years | +4.9% |
| 5 years | −1.5% |
| 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 | PTBD |
|---|---|---|
| 2026 YTD | +1.2% | |
| 2025 | +2.5% | |
| 2024 | +4.2% | |
| 2023 | +8.8% | |
| 2022 | −20.9% | |
| 2021 | +0.5% | |
| 2020 | +10.6% |
PTBD in the news
ETF.net Research hasn’t filed on PTBD yet — coverage lands here as it’s written.
PTBD Dividends
- 6.15%
- $1.16
- $0.15 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 27, 2026 | Aug 31, 2026 | $0.15 |
| Jul 23, 2026 | Jul 27, 2026 | $0.10 |
| Jun 25, 2026 | Jun 29, 2026 | $0.12 |
| May 21, 2026 | May 26, 2026 | $0.07 |
| Apr 23, 2026 | Apr 27, 2026 | $0.09 |
| Mar 26, 2026 | Mar 30, 2026 | $0.07 |
| Feb 25, 2026 | Feb 27, 2026 | $0.11 |
| Jan 22, 2026 | Jan 26, 2026 | $0.06 |
| Dec 23, 2025 | Dec 26, 2025 | $0.15 |
| Nov 25, 2025 | Nov 28, 2025 | $0.06 |
| Oct 23, 2025 | Oct 27, 2025 | $0.09 |
| Sep 25, 2025 | Sep 29, 2025 | $0.09 |
PTBD Risk
- 5.0%
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.
- 0.05
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.
- −25.1%
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.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PTBD Cost
- The middle half of Tactical Allocation funds
- Median 0.91%
12 of the 46 Tactical Allocation funds charge less.