ETF Evaluator:
Pacer Metaurus High Inc Autcllbl ETF (ACBH)
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(as of Oct 09)
Best Performing in Defined Outcome Over the Last Year
| 21.5% | Innovator Growth-100 Acltd Ps ETF™ April (QTAP) |
| 20.3% | FT Vest Emerging Mkts Buffr ETF - Mar (TMAR) |
| 20.3% | ProShares Nasdaq-100 Dynamic Buffer ETF (QB) |
| 19.3% | FT Vest Nasdaq-100 Buffer ETF – Mar (QMAR) |
| 18.9% | Innovator Growth Accelerated Pls ETF Jan (QTJA) |
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ETF Details
Pacer Metaurus High Inc Autcllbl ETF Overview
Pacer Metaurus High Inc Autcllbl ETF (ACBH) is an actively managed Nontraditional Equity Defined Outcome exchange-traded fund (ETF). Pacer launched the ETF in 2026.
The investment seeks to generate monthly income and provide reduced downside risk through exposure to the Metaurus High Income Autocallable Total Return Index (the “Autocallable Index”).
Under normal market conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in unfunded total return swaps (“Swap Agreements”) that provide exposure to the Autocallable Index (the “80% Policy”). The index is designed to reflect the performance of a theoretical diversified portfolio of synthetic autocallable notes. It is non-diversified.
About Pacer Metaurus High Inc Autcllbl ETF (ACBH)
There are 2 members of the management team with an average tenure of 0.06 years: Richard Silva (2026) and Brendan Greenwald (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Pacer Metaurus High Inc Autcllbl ETF has 5 securities in its portfolio. The top 10 holdings constitute 100.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Pacer Metaurus High Inc Autcllbl ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. Pacer Metaurus High Inc Autcllbl ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 100.9% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Pacer Metaurus High Inc Autcllbl ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $179 million average for the Defined Outcome category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ACBH Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Pacer Metaurus High Inc Autcllbl ETF expense ratio is above average compared to funds in the Defined Outcome category. Pacer Metaurus High Inc Autcllbl ETF has an expense ratio of 0.60%, which is 15% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Pacer Metaurus High Inc Autcllbl ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 6% for the Defined Outcome category.
Recently, in the month of September 2026, Pacer Metaurus High Inc Autcllbl ETF returned 0.0%, which earned it a grade of NA, as the Defined Outcome category had an average return of 0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Pacer Metaurus High Inc Autcllbl ETF has a trailing yield of 0.00%, which is below the 0.38% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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ACBH Trailing NAV Total Returns Data as of 9/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ACBH Return (NAV) | na | na | na | na | na | na |
| ACBH Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Defined Outcome Avg | 0.0% | 1.7% | 9.7% | 13.5% | 9.1% | na |
| ACBH Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| ACBH Tax-Cost Ratio | na | na | na | na | na | na |
ACBH Annual NAV Total ReturnsData as of 9/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ACBH Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| ACBH Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Defined Outcome Avg | 7.5% | 11.2% | 12.3% | 18.5% | -8.8% | 9.7% | 7.7% | 16.4% | -6.7% | 15.8% | na |
| ACBH Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 3 Mil |
| Share Class Assets: | $ 3 Mil |
| Turnover: | na |
| Expense Ratio: | 0.60% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Silva Richard (2026), Greenwald Brendan (2026) | |||
Portfolio Composition (as of 9/30/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 100.9% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 100.9% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -1.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Pacer |
| Phone Number: | 800-617-0004 |
| Website: | www.paceretfs.com |
| Inception Date: | September 9, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.71% |