Launched on 06/16/2017, the Pacer US Small Cap Cash Cows ETF (CALF) is a smart beta exchange traded fund offering broad exposure to the Style Box - Small Cap Value category of the market.
Launched on June 16, 2017, the Pacer US Small Cap Cash Cows ETF (CALF) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Value segment of the US equity market.
A smart beta exchange traded fund, the Pacer US Small Cap Cash Cows ETF (CALF) debuted on 06/16/2017, and offers broad exposure to the Style Box - Small Cap Value category of the market.
Launched on June 16, 2017, the Pacer US Small Cap Cash Cows ETF (CALF) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Value segment of the US equity market.
Launched on 06/16/2017, the Pacer US Small Cap Cash Cows ETF (CALF) is a smart beta exchange traded fund offering broad exposure to the Style Box - Small Cap Value category of the market.
Looking for broad exposure to the Small Cap Value segment of the US equity market? You should consider the Pacer US Small Cap Cash Cows ETF (CALF), a passively managed exchange traded fund launched on June 16, 2017.
CALF: Strategy Change Impact Still Positive For These Small/Mid-Cap Cash Cows
Making its debut on 06/16/2017, smart beta exchange traded fund Pacer US Small Cap Cash Cows ETF (CALF) provides investors broad exposure to the Style Box - Small Cap Value category of the market.
Launched on June 16, 2017, the Pacer US Small Cap Cash Cows ETF (CALF) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Value segment of the US equity market.
The Pacer US Small Cap Cash Cows ETF (CALF) made its debut on 06/16/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Small Cap Value category of the market.
The Pacer US Small Cap Cash Cows 100 ETF underwent a strategy change earlier this year and has seen solid results since, delivering returns near the top of its category. CALF now selects double the number of stocks based on free cash flow yield (200 vs. 100) and has a new selection universe that includes 2500+ small and mid-cap companies. CALF's high quality and cheap valuations remain. The ETF now features 15.21% free cash flow margins and an 11.66x P/E - a mix that beats peers like AVUV and IWN.
The Pacer US Small Cap Cash Cows ETF is rated Hold, due to high fees and lack of clear outperformance, versus cheaper alternatives. CALF's strategy of selecting high free cash flow small-caps results in sector concentration, high turnover, and elevated risk compared to IJR. The fund's performance is inconsistent, with higher volatility and no compelling risk-adjusted returns to justify its 0.59% expense ratio.