Pacer Military Times Best Employers ETF
VETS
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Apr 9, 2018
- CIK
- 0001616668
- Similar Companies
- Business
- Pacer Military Times Best Employers ETF (VETS) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Military Times Best for Vets Index, an equal-weighted index of U.S. companies identified as top employers for military veterans and their families based on an annual Military Times survey assessing veteran recruitment, training, professional development, and supportive policies; the fund applies additional quality screens for investment merit and reconstitutes annually in September. Launched in April 2018 and headquartered in Malvern, Pennsylvania as part of Pacer Funds Trust sponsored by Pacer Advisors, LLC, VETS primarily invests in large- and mid-cap U.S. equities across sectors including finance, technology services, utilities, electronic technology, and transportation, with approximately 54 holdings, 82% in large-cap stocks, and a focus on companies from the annual Best for Vets Employers rankings such as utilities, engineering, and financial services firms. The fund donates 10% of its management fee to veteran-related charities and historically featured geographic concentration in North America (primarily the United States at 92%, with minor exposure to Ireland), targeting investors seeking exposure to veteran-supportive companies with quality attributes like dividend yields around 1.75% and P/E ratios near 18x relative to the S&P 500. In a significant operational change, Pacer Advisors announced in June 2021 the closure and liquidation of the VETS ETF, with trading ceasing and final distributions to shareholders occurring shortly thereafter, marking the end of the fund's active operations after approximately three years amid Pacer's broader expansion into other strategy-driven ETFs like Cash Cows and Trendpilot series. Prior to closure, the fund had no major acquisitions, funding rounds, or new product launches directly tied to it, though Pacer as issuer pursued strategic acquisitions such as the 2020 addition of factor-based ETFs (SLT and LSLT) to its lineup and partnerships like the one with Military Times and VETS Indexes for index licensing since inception. Post-liquidation, Pacer continues to emphasize rules-based passive strategies tracking S&P, NASDAQ, and FTSE Russell indexes across its remaining 30+ ETFs managing billions in assets, with no relaunch or reorganization of VETS reported as of late 2025.