Launch Roundup
First Trust listed six income ETFs at 0.85%, and the new fund flagged its own conflict
Pacer Data and Digital Revolution ETF
$97.45−0.40 (−0.41%)
- 0.49%
- $1.2B
- +42.6%
- 0.02%
- 0.2M sh
- $100.73
- low $58.82high $115.58
The ETF.net TRFK Grade
B
Score 66 out of 100
- 6 of 21
Score 66 of 100 falls in the B 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.A73 out of 100Rank 6 of 21Mission
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.C51 out of 100Rank 11 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 2 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 12 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 7 of 21
Our read on TRFK
BMost tech themes chase the apps. TRFK buys the plumbing: roughly 100 globally listed companies tied to moving, transmitting and communicating data, chosen by index rules, for 0.49% a year.
The fund seeks exposure to globally listed stocks and depositary receipts of companies involved in the data and digital revolution.
Why people hold it
- Global by design: the mandate reaches past US mega-caps to stocks and depositary receipts listed worldwide that sit in the data and digital build-out.paceretfs.com
- 0.49% a year undercuts the typical global thematic fund, and a rules-based index does the picking instead of a manager's hunch.paceretfs.com
- Unusually easy to trade for a niche theme fund, and it has gathered over a billion dollars, which is rare air among global thematic launches.
Worth knowing
- One theme, about 100 stocks. That concentration cuts both ways, and the ride tends to be bumpier than a broad global index.
- Adjacent tech-theme peers charge less (UFOX at 0.30%), so this specific data-infrastructure slant carries a premium.
- Live since 2022 and distributing once or twice a year at most: a growth-themed basket, not an income sleeve.
TRFK Holdings
- Stocks
- 100
- 56%
- NVDA
Sectors
- Technology89.6%
- Industrials9.8%
- Communication0.5%
- Real Estate0.0%
Geography
- United States75.89%
- Korea (the Republic of)6.85%
- Ireland4.04%
- United Kingdom3.24%
- Japan2.06%
- France2.02%
- Switzerland1.70%
- Singapore1.68%
- 2.51%
Developed 69% · Emerging 31%
TRFK 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.
TRFK$14,262
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 | TRFK |
|---|---|
| Year to date | +52.8% |
| 1 month | +1.5% |
| 3 months | −2.6% |
| 1 year | +42.6% |
| 3 years | +45.2% |
| 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 | TRFK |
|---|---|---|
| 2026 YTD | +52.8% | |
| 2025 | +26.8% | |
| 2024 | +38.3% | |
| 2023 | +66.6% | |
| 2022 | −7.2% |
TRFK in the news
TRFK Dividends
- 0.02%
- $0.02
- $0.02 per share
- Twice a year
Distribution history
TRFK Risk
- 31.7%
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.
- 1.27
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.
- −29.1%
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.
- 1.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TRFK Cost
0.49%
TRFK0.49%
- The middle half of Global Thematic funds
- Median 0.58%
5 of the 21 Global Thematic funds charge less.
Other funds in Global Thematic
- BHAILState Street SPDR S&P Kensho Smart Mobility ETFExpense ratio 0.45%1 year return −2.9%
- BICOPiShares Copper and Metals Mining ETFExpense ratio 0.47%1 year return +48.1%
- CMAKXProShares - S&P Kensho Smart Factories ETFExpense ratio 0.58%1 year return +33.7%
- CTINYProShares - Nanotechnology ETFExpense ratio 0.58%1 year return +58.1%
- CPWRDTCW Transform Systems ETFExpense ratio 0.75%1 year return +8.7%