ETF Evaluator:
Pacer Trendpilot™ European ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Europe Stock Over the Last Year
| 38.6% | First Trust STOXX® European Sel Div ETF (FDD) |
| 35.8% | iShares MSCI Europe Financials ETF (EUFN) |
| 29.8% | WisdomTree European Opportunities ETF (OPPE) |
| 27.4% | First Trust Europe AlphaDEX® ETF (FEP) |
| 26.6% | First Trust Eurozone AlphaDEX® ETF (FEUZ) |
Risk
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Risk
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ETF Details
Pacer Trendpilot™ European ETF Overview
Pacer Trendpilot™ European ETF (PTEU) is a passively managed International Equity Europe Stock exchange-traded fund (ETF). Pacer launched the ETF in 2015.
The investment seeks to track the total return performance of the Pacer Trendpilot European Index.
Normally the fund will invest at least 80% of its 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 an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurozone Index, (ii) 50% to the FTSE Eurozone Index and 50% to 3-Month U.S. Treasury bills, or (iii) 100% to 3-Month U.S. Treasury bills.
About Pacer Trendpilot™ European ETF (PTEU)
There are 2 members of the management team with an average tenure of 7.39 years: Bruce Kavanaugh (2015) and Danke Wang (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: FTSE Eurozone TR USD index with a weighting of 100% and Pacer Trendpilot European TR USD index with a weighting of 100%. Pacer Trendpilot™ European ETF has 291 securities in its portfolio. The top 10 holdings constitute 28.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Pacer Trendpilot™ European ETF is part of the Equity global asset class and is within the International Equity ETF group. Pacer Trendpilot™ European ETF has 97.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.9% There is 97.4% 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 Trendpilot™ European ETF has -0.0% of the portfolio in cash.
Assets Under Management
The fund has $37 million in total assets, which is below the $2 billion average for the Europe Stock 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.
PTEU 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 Trendpilot™ European ETF expense ratio is above average compared to funds in the Europe Stock category. Pacer Trendpilot™ European ETF has an expense ratio of 0.65%, which is 50% higher than its category average, making the fund expense ratio grade a F. 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 Trendpilot™ European ETF has a portfolio turnover rate of 10%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 30% for the Europe Stock category.
Recently, in the month of July 2026, Pacer Trendpilot™ European ETF returned 0.7%, which earned it a grade of D, as the Europe Stock category had an average return of 2.1%. 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 Trendpilot™ European ETF has a trailing yield of 1.74%, which is below the 2.65% category average.
The fund normally distributes its income 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 Trendpilot™ European ETF Grades
Year to date, the ETF has returned 9.4%, 0.8 percentage points worse than the category, which translates into a grade of D. The fund has returned 21.9% over the past year (grade of D), 10.1% over the past three years (grade of F) and 8.2% per year over the past five years (grade of D) and 5.7% per year over the past 10 years (grade of F).
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PTEU Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PTEU Return (NAV) | 0.7% | 5.9% | 21.9% | 10.1% | 8.2% | 5.7% |
| PTEU Return (Price) | 0.9% | 6.1% | 22.1% | 9.7% | 8.1% | 5.7% |
| NAV +/- Price Return | -0.218% | -0.173% | -0.127% | 0.357% | 0.071% | 0.064% |
| Europe Stock Avg | 2.1% | 5.4% | 22.3% | 16.8% | 9.7% | 9.9% |
| PTEU Grade (NAV) | D | B | D | F | D | F |
| +/- Category (NAV) | -1.4% | 0.5% | -0.4% | -6.7% | -1.5% | -4.2% |
| PTEU Tax-Cost Ratio | na | na | 0.8% | 1.1% | 0.8% | 0.6% |
PTEU Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PTEU Return (NAV) | 9.4% | 31.1% | -0.2% | 12.1% | -7.3% | 12.8% | -18.9% | 13.4% | -16.0% | 28.0% | -4.5% |
| PTEU Return (Price) | 9.4% | 30.8% | -0.5% | 12.4% | -7.4% | 13.4% | -19.4% | 13.5% | -16.9% | 28.9% | -4.3% |
| NAV +/- Price Ret | 0.003% | -0.010% | 1.060% | 0.028% | 0.027% | 0.045% | 0.027% | 0.4% | 5.6% | 3.1% | -5.1% |
| Europe Stock Avg | 10.2% | 35.7% | 4.1% | 19.6% | -16.1% | 17.6% | 4.1% | 25.2% | -14.5% | 24.9% | 1.1% |
| PTEU Grade (NAV) | D | D | F | F | A | F | F | F | D | B | F |
| +/- Category | -0.8% | -4.6% | -4.3% | -7.5% | 8.8% | -4.8% | -23.0% | -11.7% | -1.5% | 3.1% | -5.6% |
| Risk Measures | |
| Beta: | 0.85 |
| R-Squared: | 71% |
| Standard Deviation: | 13.9% |
| Category Risk Index: | 0.99 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.13 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.7% |
| Total Assets: | $ 37 Mil |
| Share Class Assets: | $ 37 Mil |
| Turnover: | 10.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | Yes |
| Index Tracked: | FTSE Eurozone TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 10.6 years | |||
| Average Tenure: 7.4 years | |||
| Managers (Year): Kavanaugh Bruce (2015), Wang Danke (2022) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 291 |
| % in Top 10 Holdings: | 28.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.4% |
Portfolio Allocation |
|
| Domestic Stock: | 1.9% |
| Foreign Stock: | 97.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.7% |
| Cash: | -0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Pacer |
| Phone Number: | 800-617-0004 |
| Website: | www.paceretfs.com |
| Inception Date: | December 14, 2015 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.43% |
