Pacer Salt High truBeta US Market ETF (SLT) is an exchange-traded fund that employs a passive management strategy to track the Salt High truBeta US Market Index before fees and expenses. The index measures the performance of an equal-weighted portfolio of approximately 100 large- and mid-capitalization U.S.-listed stocks exhibiting the highest forecasted systematic risk, or beta, relative to the S&P 500, using Salt Financial's proprietary truBeta methodology that blends long-, medium-, and short-term return data for enhanced quarterly beta forecasts; this approach targets magnified market exposure of approximately 50% greater variation than the broader market without borrowing or derivatives. The fund provides investors with access to high-beta U.S. equities across market-sensitive sectors, serving bullish strategies focused on amplified upside potential in large- and mid-cap companies.
SLT offers a rules-based investment product designed for portfolio construction tools emphasizing beta-driven outperformance, with an inception date of May 16, 2018, and listing on the Cboe BZX Exchange; it is issued by ETF Series Solutions Trust and managed under Pacer ETFs, with Salt Financial LLC originally serving as investment adviser and index provider. The fund targets institutional and retail investors seeking alternatives to leveraged products, operating exclusively in U.S. equities with geographic exposure limited to U.S.-listed securities.
In a significant strategic development, Pacer ETFs acquired SLT, originally launched by Salt Financial as the Salt High truBeta US Market ETF and Salt truBeta High Exposure ETF, effective October 5, 2020, renaming it to expand Pacer's Factor ETF suite alongside the companion Pacer Salt Low truBeta US Market ETF (LSLT). This acquisition integrated the funds into Pacer's offerings, enhancing its lineup of factor-based strategies without reported subsequent major changes, partnerships, funding rounds, or product launches specific to SLT in the last 1-2 years as of December 2025. Pacer ETFs, headquartered in Malvern, Pennsylvania, continues to oversee SLT within its broader portfolio of over 50 ETFs focused on free cash flow, trend, and factor themes.