FOWF

Pacer Solactive Whitney Future of Warfare ETF

$30.59
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Pacer Solactive Whitney Future of Warfare ETF (FOWF) seeks to track the performance of the Solactive Future of Warfare Index, which is designed to provide exposure to companies involved in the development and production of technologies related to modern warfare and defense.

Overview

ETF tracking Pacer Solactive Whitney Future of Warfare ETF

Category Innovation
Issuer Other
Inception Date 2024-12-18
Market Cap $3.8M
Average Volume N/A
Dividend Yield 0.64%
52-Week Range $22.67 - $31.90
VWAP $30.51

Performance

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Investment Summary

📎 Investment Objective

The Pacer Solactive Whitney Future of Warfare ETF (FOWF) seeks to track the performance of the Solactive Future of Warfare Index, which is designed to provide exposure to companies involved in the development and production of technologies related to modern warfare and defense.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of companies that are expected to benefit from the development and production of technologies related to modern warfare and defense, such as cybersecurity, autonomous systems, and advanced weaponry.

✨ Key Features

  • Provides exposure to companies involved in the future of warfare and defense technologies
  • Tracks the Solactive Future of Warfare Index, which is designed to identify companies at the forefront of this emerging industry
  • Diversified portfolio across various sectors and industries related to modern warfare and defense
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk: The ETF's performance is closely tied to the performance of the defense and warfare technology sector, which may be subject to significant volatility and risks
  • Geopolitical risk: The ETF's performance may be affected by global political and military developments, which can be difficult to predict
  • Regulatory risk: Changes in government regulations or policies related to the defense and warfare technology industry could impact the ETF's performance
  • Liquidity risk: As a relatively new and small ETF, FOWF may have lower trading volume and liquidity compared to larger, more established funds

👤 Best For

The Pacer Solactive Whitney Future of Warfare ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the emerging defense and warfare technology sector. Investors should carefully consider the risks associated with this ETF and ensure it aligns with their overall investment objectives and risk profile.