VETS — Pacer Military Times Best Employers ETF
Data updated: 2021-07-14
VETS — Pacer Military Times Best Employers ETF. United States Blend / Core Equity · $1.95M AUM. Holdings, fees, performance and SEC filings.
VETS Fund Overview
VETS — Pacer Military Times Best Employers ETF is a US ETF managed by Pacer Funds Trust, categorised as United States Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Pacer Funds Trust
- Category: United States Blend / Core Equity
- Assets under management: $1.95M
- 1-year return: 42.6%
- Ticker: VETS
- SEC CIK: 0001616668
- SEC series ID: S000061620
- Share class ID: C000199579
VETS Investment Objective and Strategy
Pacer Military Times Best Employers ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Pacer Funds Trust.
Investment objective
The Pacer Military Times Best Employers ETF (the Fund) is an exchange traded fund (ETF) that seeks to track the total return performance, before fees and expenses, of the Military Times Best for VetsSM Index (the Index).
Principal investment strategy
The Fund employs a passive management (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the Index. The Index is owned and developed by VETS Indexes, LLC (the Index Provider) and based on The Military Times Best for VetsSM: Employers list (the Best for Vets List) published annually by Sightline Media Group . The Best for Vets List is published each year based on detailed surveys (the Best for Vets Survey) completed by companies doing business in the United States that address the recruiting of U.S. armed forces veterans and service members, company culture, policies, and reservist accommodations. Responses to each such category of questions are weighted to create a composite score, and companies with composite scores in the top 60% of all participating companies are included on The Best for Vets List.
Companies on the Best for Vets List are expected to come from a variety of sectors and industries, such as banking, information technology, energy, and telecommunications, among others. Although all of the companies in the Index have their stock listed on a U.S. exchange, such companies may have significant (or a majority of their) business operations outside of the United States. The Index is generally composed of the U.S.-listed stocks of companies that have been included in the Best for Vets List for the last three consecutive years, have a minimum market capitalization of $200 million, and meet the Indexs liquidity threshold. Index components are equally weighted at the time of each annual reconstitution of the Index, which is effective at the close of business on the third Friday of each September.
As of August 15, 2018, the Index was made up of 36 companies and included significant allocations to companies in the financial, industrial, and information technology sectors. Companies previously included in the Index for two consecutive years that are no longer on the Best for Vets List may continue to be included in the Index if the reason that they are no longer on the Best for Vets List is because they did not complete the most recent Best for Vets Survey. Under normal circumstances, at least 80% of the Funds total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the Index in the same approximate weight as such component securities. The Adviser expects that, over time, the correlation between the Funds performance and that of the Index, before fees and expenses, will be 95% or better.
The Fund will generally use a replication strategy to achieve its investment objective, meaning it will invest in all of the component securities of the Index in the same approximate proportion as in the Index. The Fund will be considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund.
VETS Performance
Total returns for VETS (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 42.6% |
VETS Risk Information
Risk metrics for VETS, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.4%
VETS Costs and Fees
VETS costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 19%
- Brokerage commissions: 1.61 bps of average net assets (SEC N-CEN)
VETS Cashflows
Over the 12 months to 2021-04, Pacer Military Times Best Employers ETF had net inflows of $4.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | $0 |
| 2021-03 | $0 |
| 2021-02 | $0 |
| 2021-01 | $0 |
| 2020-12 | $0 |
| 2020-11 | $0 |
VETS Debt Constituents
No individual debt constituents are reported in Pacer Military Times Best Employers ETF's latest SEC N-PORT filing.
VETS Prospectus and SEC Filings
Official Pacer Military Times Best Employers ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-26
- Prospectus (485BPOS) — filed 2019-09-18
- Prospectus (485BPOS) — filed 2018-09-13
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Portfolio holdings (N-PORT) — filed 2021-03-30
- Portfolio holdings (N-PORT) — filed 2020-12-28
- Annual census (N-CEN) — filed 2021-07-14
- Annual census (N-CEN) — filed 2020-07-14
Related Funds
Other United States Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.