PTNQ vs WAMA: Grades, Fees and Holdings Compared

Pacer Trendpilot 100 ETF

PTNQBNasdaq

WisdomTree US Adaptive Moving Average Fund

WAMAANasdaq

Overlap

51.4%by weight

Expense ratio

WAMA −0.32pt a year

PTNQ0.65%WAMA0.33%

Avg volume · 30D

PTNQ 2.8×the volume

PTNQ34.5KWAMA12.4K

PTNQ vs WAMA Performance

Jul 31, 2026 – Oct 30, 2026

+0.2%PTNQ+1.3%WAMA

Expense ratio: PTNQ 0.65%; WAMA 0.33%, better
Fund size: PTNQ $1.17B; WAMA $199M
1Y total return: PTNQ +3.2%; WAMA No data
Yield (12M): PTNQ 0.83%; WAMA No data
Holdings: PTNQ 102; WAMA 507
Avg volume (30D): PTNQ 34.5K sh, better; WAMA 12.4K sh
NAV per share: PTNQ $83.26; WAMA $26.51
52W range

ETF.net Grade

Pillar letters and Scores for PTNQ, WAMA, with each pillar’s weight
Pillar	PTNQ	WAMA
Cost30% weight	B58	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C42	A84Higher
Tradability15% weight	A91Higher	C54
Holdings10% weight	B58	B69Higher
Durability5% weight	A79Higher	B62

Rank among Trend-Following / Tactical Index funds

How we build Categories ›

Same Category. PTNQ and WAMA are both graded against the same 20 Trend-Following / Tactical Index funds, so their Grades compare head to head.

Trend-Following / Tactical Index⁠

Category · 20 funds

See all 20 ›

WAMA ranks 1st and PTNQ 7th of 20 funds in the Trend-Following / Tactical Index Category.

Rank 1AWAMAWisdomTree US Adaptive Moving Average FundScore 80
Rank 2APTLCPacer Trendpilot US Large Cap ETFScore 76
Rank 6BQQWZPacer Cash COWZ 100-Nasdaq 100 Rotator ETFScore 63
Rank 7BPTNQPacer Trendpilot 100 ETFScore 62
Rank 8BLFEQVanEck Long/Flat Trend ETFScore 60

Our read on each fund

ETF.net Research

PTNQBPacer Trendpilot 100 ETF

WAMAAWisdomTree US Adaptive Moving Average Fund

In short

PTNQ The Nasdaq-100 with an automatic ejector seat: PTNQ holds the index while it sits above its 200-day average, then shifts half or all of the money into 3-month T-bills when the trend breaks. Rules decide, not a manager's gut.

WAMA No data

Stated mandate

PTNQ The fund seeks to track the total return of the Pacer NASDAQ-100 Trendpilot Index before fees and expenses. Its rules-based trend-following strategy changes exposure among the NASDAQ-100 Index and 3-Month U.S. Treasury bills using three indicators.

WAMA No data

Why people hold it

PTNQ Three states, all rules-based: all Nasdaq-100, 50/50 with 3-month T-bills, or all T-bills. Each switch needs five straight closes on the wrong side of the 200-day average.paceretfs.com paceretfs.com 2
No discretion, no gut calls. Pacer publishes the Trendpilot rules and the current position for the series, so you can see what moves the exposure and where it sits.paceretfs.com paceretfs.com 2
Live since 2015, so the rulebook has run through real market stress rather than a backtest, and it has grown into a multi-billion-dollar fund along the way.
At 0.65%, the fee sits right at the median for active US equity funds, so the signal machinery costs no premium over the typical active peer.

WAMA No data

Worth knowing

PTNQ That 0.65% is still several times what plain core index funds charge (DFAU 0.12%, AVLC 0.15%). The rulebook is the thing you are paying for.
The 200-day signal lags by design. A sharp V-shaped rebound can catch it in T-bills, and it cannot go from all-T-bills back to 50/50 without first hitting the equity trigger.paceretfs.com paceretfs.com 2
It trades lighter than the largest Nasdaq-100 trackers, so spreads can run wider; limit orders are the usual fix. Payouts arrive annually or semiannually, not quarterly.

WAMA No data

Full PTNQ profile⁠

Full WAMA profile⁠

PTNQ vs WAMA Holdings

As of Oct 23, 2026

How PTNQ and WAMA differ

Overlap by weight

51.4%

Shared holdings make up 90.9% of PTNQ and 53.4% of WAMA.

Level by level

Holdings90 in both51.4%
Countryby domicile97.4%
Asset classEquity100%

Sector

No Sector split for WAMA.

Country, concentration and asset class

Country by domicile

Country weights in PTNQ and WAMA, widest gap first
Country	More in PTNQMore in WAMA	PTNQ	WAMA
United States	WAMA +2.4 points	97.3%	99.7%
Canada	PTNQ +1.1 points	1.1%	0.0%
Netherlands	PTNQ +0.9 points	0.9%	0.0%
Other countries (6)	PTNQ +0.5 points	0.8%	0.3%

Concentration

Weight in the 10 largest Holdings

PTNQ47.1%
WAMA40.1%

Securities held

PTNQ101
WAMA505

Asset class

PTNQ: Equity
WAMA: Equity

Holdings

Only in PTNQ11
In both90
Only in WAMA415

Only in PTNQ

11 securities, 9.1% of PTNQ by weight

Space Exploration Technologies Corp2.92%
Alphabet Inc2.83%
Shopify Inc0.89%
ASML Holding NV0.67%
ARM Holdings PLC0.42%
Moderna Inc0.42%
PDD Holdings Inc0.23%
Coca-Cola Europacific Partners PLC0.20%
Thomson Reuters Corp0.19%
Nebius Group NV0.17%
Ferrovial NV0.16%

Only in WAMA

415 securities, 46.4% of WAMA by weight

Eli Lilly & Co2.09%
Berkshire Hathaway Inc1.75%
JPMorgan Chase & Co1.38%
Visa Inc1.23%
Exxonmobil Holdings Corp1.22%
Johnson & Johnson0.94%
Mastercard Inc0.89%
AbbVie Inc0.73%
Chevron Corp0.73%
Coca-Cola Co/The0.59%
Procter & Gamble Co/The0.57%
Bank of America Corp0.57%
Merck & Co Inc/NJ0.54%
UnitedHealth Group Inc0.53%
Philip Morris International Inc0.50%
General Electric Co0.50%
Oracle Corp0.48%
Dell Technologies -C0.47%
Home Depot Inc0.46%
Caterpillar Inc0.43%
Wells Fargo & Co0.43%
Morgan Stanley0.41%
RTX Corp0.41%
Goldman Sachs Group Inc0.40%
Thermo Fisher Scientific Inc0.39%
International Business Machines Corp0.34%
GE Vernova Inc0.33%
American Express Co0.33%
Citigroup Inc0.31%
Arista Networks Inc0.31%
Salesforce Inc0.30%
Walt Disney Co/The0.30%
ConocoPhillips0.29%
Amphenol Corp0.28%
Deere & Co0.27%
Abbott Laboratories0.27%
Verizon Communications Inc0.27%
Union Pacific Corp0.25%
McDonalds Corp0.25%
Nextera Energy0.25%
Pfizer Inc0.25%
Danaher Corp0.24%
Marathon Petroleum Corp0.24%
BlackRock Inc0.24%
AT&T Inc0.23%
TJX Cos Inc0.23%
Lockheed Martin Corp0.22%
Charles Schwab Corp/The0.22%
S&P Global Inc0.21%
Progressive Corp/The0.21%

Weight gaps

All 90 Holdings in both funds, largest gap first.

Holding weights in PTNQ and WAMA, widest gap first
Holding	More in PTNQMore in WAMA	PTNQ	WAMA
Micron Technology IncMU	PTNQ +2.98 points	4.41%	1.43%
Advanced Micro Devices IncAMD	PTNQ +2.59 points	3.85%	1.26%
Alphabet IncGOOGL	WAMA +2.03 points	3.04%	5.07%
Intel CorpINTC	PTNQ +1.65 points	2.09%	0.44%
Tesla IncTSLA	PTNQ +1.38 points	3.14%	1.76%
Palantir Technologies IncPLTR	PTNQ +1.36 points	1.98%	0.62%
Costco Wholesale CorpCOST	PTNQ +1.23 points	1.89%	0.66%
Cisco Systems IncCSCO	PTNQ +1.19 points	1.81%	0.62%
Walmart IncWMT	PTNQ +1.01 points	2.45%	1.44%
Lam Research CorpLRCX	PTNQ +0.94 points	1.39%	0.45%
Meta Platforms IncMETA	PTNQ +0.94 points	3.21%	2.27%
Applied Materials IncAMAT	PTNQ +0.92 points	1.39%	0.47%
Palo Alto Networks IncPANW	PTNQ +0.87 points	1.21%	0.34%
Linde PLCLIN	PTNQ +0.84 points	0.98%	0.14%
Texas Instruments IncTXN	PTNQ +0.73 points	1.10%	0.37%
Netflix IncNFLX	PTNQ +0.70 points	1.16%	0.46%
Sandisk CorpSNDK	PTNQ +0.69 points	0.86%	0.17%
Crowdstrike Holdings IncCRWD	PTNQ +0.68 points	1.04%	0.36%
Amazon.com IncAMZN	PTNQ +0.68 points	4.38%	3.70%
Marvell Technology IncMRVL	PTNQ +0.65 points	0.91%	0.26%
Amgen IncAMGN	PTNQ +0.65 points	1.01%	0.36%
NVIDIA CorpNVDA	PTNQ +0.63 points	8.28%	7.65%
Seagate Technology Holdings PLCSTX	PTNQ +0.61 points	0.68%	0.07%
Kla CorpKLAC	PTNQ +0.61 points	0.91%	0.30%
Analog Devices IncADI	PTNQ +0.55 points	0.84%	0.29%
QUALCOMM IncQCOM	PTNQ +0.54 points	0.79%	0.25%
PepsiCo IncPEP	PTNQ +0.51 points	0.78%	0.27%
Gilead Sciences IncGILD	PTNQ +0.50 points	0.81%	0.31%
T-Mobile US IncTMUS	PTNQ +0.42 points	0.70%	0.28%
Intuitive Surgical IncISRG	PTNQ +0.42 points	0.64%	0.22%
Western Digital CorpWDC	PTNQ +0.41 points	0.58%	0.17%
Fortinet IncFTNT	PTNQ +0.39 points	0.54%	0.15%
Vertex Pharmaceuticals IncVRTX	PTNQ +0.36 points	0.56%	0.20%
MercadoLibre IncMELI	PTNQ +0.35 points	0.40%	0.05%
Microsoft CorpMSFT	PTNQ +0.33 points	6.12%	5.79%
Broadcom IncAVGO	PTNQ +0.33 points	2.49%	2.16%
Automatic Data Processing IncADP	PTNQ +0.33 points	0.50%	0.17%
Booking Holdings IncBKNG	PTNQ +0.32 points	0.51%	0.19%
Starbucks CorpSBUX	PTNQ +0.30 points	0.48%	0.18%
Constellation Energy CorpCEG	PTNQ +0.28 points	0.41%	0.13%
Datadog IncDDOG	PTNQ +0.27 points	0.39%	0.12%
Adobe IncADBE	PTNQ +0.27 points	0.43%	0.16%
Marriott International Inc/MDMAR	PTNQ +0.27 points	0.45%	0.18%
Intuit IncINTU	PTNQ +0.27 points	0.40%	0.13%
Cadence Design Systems IncCDNS	PTNQ +0.26 points	0.39%	0.13%
Lumentum Holdings IncLITE	PTNQ +0.26 points	0.32%	0.06%
Monster Beverage CorpMNST	PTNQ +0.26 points	0.40%	0.14%
CSX CorpCSX	PTNQ +0.25 points	0.39%	0.14%
Synopsys IncSNPS	PTNQ +0.26 points	0.38%	0.12%
Cintas CorpCTAS	PTNQ +0.24 points	0.38%	0.14%
NXP Semiconductors NVNXPI	PTNQ +0.24 points	0.27%	0.03%
Strategy IncMSTR	PTNQ +0.23 points	0.24%	0.01%
AppLovin CorpAPP	PTNQ +0.23 points	0.35%	0.12%
DoorDash IncDASH	PTNQ +0.22 points	0.32%	0.10%
Ross Stores IncROST	PTNQ +0.22 points	0.33%	0.11%
Mondelez International IncMDLZ	PTNQ +0.21 points	0.34%	0.13%
American Electric Power Co IncAEP	PTNQ +0.20 points	0.30%	0.10%
Regeneron Pharmaceuticals IncREGN	PTNQ +0.20 points	0.35%	0.15%
Monolithic Power Systems IncMPWR	PTNQ +0.19 points	0.27%	0.08%
O'Reilly Automotive IncORLY	PTNQ +0.19 points	0.31%	0.12%
Honeywell International IncHON	PTNQ +0.20 points	0.30%	0.10%
Diamondback Energy IncFANG	PTNQ +0.19 points	0.24%	0.05%
Comcast CorpCMCSA	PTNQ +0.19 points	0.33%	0.14%
Teradyne IncTER	PTNQ +0.18 points	0.24%	0.06%
Airbnb IncABNB	PTNQ +0.18 points	0.32%	0.14%
PACCAR IncPCAR	PTNQ +0.18 points	0.25%	0.07%
Fastenal CoFAST	PTNQ +0.18 points	0.26%	0.08%
Astera Labs IncALAB	PTNQ +0.18 points	0.22%	0.04%
Baker Hughes CoBKR	PTNQ +0.16 points	0.24%	0.08%
Honeywell Aerospace IncHONA	PTNQ +0.15 points	0.22%	0.07%
Autodesk IncADSK	PTNQ +0.14 points	0.22%	0.08%
Xcel Energy IncXEL	PTNQ +0.15 points	0.21%	0.06%
Keurig Dr Pepper IncKDP	PTNQ +0.13 points	0.20%	0.07%
Microchip Technology IncMCHP	PTNQ +0.13 points	0.18%	0.05%
IDEXX Laboratories IncIDXX	PTNQ +0.13 points	0.19%	0.06%
Old Dominion Freight Line IncODFL	PTNQ +0.12 points	0.17%	0.05%
Exelon CorpEXC	PTNQ +0.12 points	0.19%	0.07%
PayPal Holdings IncPYPL	PTNQ +0.12 points	0.21%	0.09%
Take-Two Interactive Software IncTTWO	PTNQ +0.12 points	0.17%	0.05%
Paychex IncPAYX	PTNQ +0.11 points	0.17%	0.06%
Rocket Lab CorpRKLB	PTNQ +0.11 points	0.13%	0.02%
Workday IncWDAY	PTNQ +0.11 points	0.18%	0.07%
Alnylam Pharmaceuticals IncALNY	PTNQ +0.10 points	0.13%	0.03%
CoreWeave IncCRWV	PTNQ +0.10 points	0.12%	0.02%
Roper Technologies IncROP	PTNQ +0.10 points	0.17%	0.07%
Axon Enterprise IncAXON	PTNQ +0.09 points	0.14%	0.05%
Dexcom IncDXCM	PTNQ +0.09 points	0.13%	0.04%
GE HealthCare Technologies IncGEHC	PTNQ +0.09 points	0.14%	0.05%
Copart IncCPRT	PTNQ +0.07 points	0.11%	0.04%
Apple IncAAPL	WAMA +0.06 points	7.77%	7.83%

All 103 PTNQ holdings⁠All WAMA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PTNQ vs WAMA Cost

Overpaying PTNQ vs WAMA

$5,980

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

PTNQ 0.65%
$12,717
WAMA 0.33%
$6,737

Amount$10,000

Years30 years

Cost over time

PTNQ 0.65%
WAMA 0.33%
Overpaying

Year by year

Year	PTNQ	WAMA	Overpaying
10	$1,163	$598	$565
20	$4,440	$2,318	$2,122
30	$12,717	$6,737	$5,980

Expense ratio

0.65%PTNQ
0.33%WAMA, cheaper

WAMA0.33%PTNQ0.65%

0.33%1.78%

Middle half of Trend-Following / Tactical Index funds
Median 0.67%

WAMA cheapest of 20 funds

PTNQ 8th cheapest of 20 funds

PTNQ vs WAMA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): PTNQ 0.83%; WAMA No data
Payout (12M): PTNQ $0.69; WAMA No data
Last payment: PTNQ $0.69; WAMA $0.05
Ex-dividend: PTNQ Dec 30, 2025; WAMA Sep 25, 2026
Paid on: PTNQ Jan 5, 2026; WAMA Sep 29, 2026
Frequency: PTNQ Annual; WAMA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

PTNQAnnual · 8 paymentsAll PTNQ payments⁠

WAMAQuarterly · 2 paymentsAll WAMA payments⁠

PTNQ vs WAMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: PTNQ 14.2%WAMA No data
Return per unit of riskSharpe ratio, 3 years: PTNQ 0.59WAMA No data
Worst fallMax drawdown, 5 years: PTNQ −18.5%WAMA No data
Market sensitivityBeta, 5 years: PTNQ 0.80WAMA 0.59; Market = 1

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