Pacer Nasdaq International Ptnt Ldrs ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Pacer Nasdaq International Patent Leaders ETF PATN
Morningstar’s Analysis PATN
Will PATN outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 41.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 10.34 | 23M | Technology |
Samsung Electronics Co Ltd | 5.74 | 13M | Technology |
ASML Holding NV | 4.71 | 11M | Technology |
SK hynix Inc | 4.39 | 10M | Technology |
Tencent Holdings Ltd | 4.09 | 9M | Communication Services |
Roche Holding AG Ordinary Shares new | 2.63 | 6M | Healthcare |
Novartis AG Registered Shares | 2.60 | 6M | Healthcare |
Alibaba Group Holding Ltd Ordinary Shares | 2.49 | 6M | Consumer Cyclical |
Toyota Motor Corp | 2.45 | 6M | Consumer Cyclical |
SAP SE | 2.22 | 5M | Technology |