Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer Trendpilot 100 Total Return ETN Index. The fund employs a rules-based strategy that dynamically shifts exposure between 100% of its net assets in the NASDAQ-100 Index (via investment in the Invesco QQQ Trust ETF) or 100% in a U.S. Treasury product (such as a U.S. Treasury exchange-traded fund or money market fund) based on whether the NASDAQ-100 Index has a positive or negative 12-month performance trend; this trend-following methodology aims to mitigate downside risk during market declines while capturing upside in rising markets. PTNQ offers investors a passive, cost-effective vehicle for trend-following equity exposure, with an expense ratio of 0.60%; it primarily serves retail and institutional investors seeking tactical allocation strategies in the large-cap growth segment.
Pacer ETFs, the sponsor and provider of PTNQ, operates as a division of Pacer Funds Distributors, LLC, which focuses on innovative, strategy-driven exchange-traded funds across asset classes including U.S. equities, international markets, fixed income, and multi-asset solutions. Core offerings include a suite of trendpilot ETFs such as PTLC (U.S. Large Cap), PTMC (U.S. Mid Cap), and international variants; cash cows ETFs targeting high free cash flow yield companies like COWZ and CALF; and leaders ETFs emphasizing quality metrics such as ROIC100 and YLD. Pacer Funds, founded in 2015 and headquartered in Wayne, Pennsylvania, distributes these products globally through major broker-dealers and platforms, with assets under management exceeding $30 billion as of late 2025.
Recent developments include the expansion of the Pacer ETF lineup with new launches such as the Pacer US Large Cap Cash Cows Growth Leaders ETF (GCOW) enhancements and strategic partnerships with platforms like Schwab and Fidelity for enhanced accessibility; in 2024-2025, Pacer announced increased marketing initiatives and index methodology refinements amid strong inflows into trendpilot strategies. No major acquisitions or name changes have occurred for PTNQ or its sponsor in the last two years, though Pacer has pursued organic growth through product innovation to capitalize on rising demand for risk-managed equity exposure amid volatile markets. The fund trades on NYSE Arca and targets U.S.-based investors across retail, advisor, and institutional channels.