ETF Evaluator: Pacer Developed Mkts Csh Cow Gr Ldr ETF () Follow This ETF

Pacer Developed Mkts Csh Cow Gr Ldr ETF Overview

Pacer Developed Mkts Csh Cow Gr Ldr ETF (EAFG) is a passively managed International Equity Foreign Large Growth exchange-traded fund (ETF). Pacer launched the ETF in 2024.

The investment seeks to track the performance, before fees and expenses, of the Pacer Developed Markets Cash Cows Growth Leaders Index. Under normal circumstances, the fund will seek to invest at least 80% of the fund’s total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index uses a rules-based methodology that seeks to provide exposure to large- and mid-capitalization securities in developed markets, excluding the U.S. and Canada, with above average free cash flow margins. The fund is non-diversified.

About Pacer Developed Mkts Csh Cow Gr Ldr ETF (EAFG)

There are 2 members of the management team with an average tenure of 2.36 years: Bruce Kavanaugh (2024) and Danke Wang (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and MSCI EAFE NR USD index with a weighting of 100%. Pacer Developed Mkts Csh Cow Gr Ldr ETF has 113 securities in its portfolio. The top 10 holdings constitute 29.7% 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 Developed Mkts Csh Cow Gr Ldr ETF is part of the Equity global asset class and is within the International Equity ETF group. Pacer Developed Mkts Csh Cow Gr Ldr ETF has 95.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 4.0% There is 95.6% 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 Developed Mkts Csh Cow Gr Ldr ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $1 billion average for the Foreign Large Growth 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.

EAFG 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 Developed Mkts Csh Cow Gr Ldr ETF expense ratio is above average compared to funds in the Foreign Large Growth category. Pacer Developed Mkts Csh Cow Gr Ldr ETF has an expense ratio of 0.65%, which is 11% higher than its category average, making the fund expense ratio grade a D. 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 Developed Mkts Csh Cow Gr Ldr ETF has a portfolio turnover rate of 33%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 58% for the Foreign Large Growth category.

Recently, in the month of July 2026, Pacer Developed Mkts Csh Cow Gr Ldr ETF returned -4.4%, which earned it a grade of D, as the Foreign Large Growth category had an average return of -2.8%. 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 Developed Mkts Csh Cow Gr Ldr ETF has a trailing yield of 2.03%, which is above the 1.31% category average. The fund normally distributes its income quarterly 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.

Pacer Developed Mkts Csh Cow Gr Ldr ETF Grades

Year to date, the ETF has returned 7.5%, 0.8 percentage points worse than the category, which translates into a grade of C. The fund has returned 22.2% over the past year (grade of B).

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