MILKPacer US Cash Cows Bond ETF
Tracks the total return performance of the Solactive Pacer US Cash Cows Bond Index before fees and expenses.
By Pacer · Launched 2024
0.49%
#2,404 of 5,562 · average
$18M
#4,437 of 5,562 · small
7.03%
1 year
#4,021 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index enhanced
Index tracked
Solactive Pacer US Cash Cows Bond Index
What it actually holds
By weightConcentration
Top 10 holdings = 10.3% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Bond profile
Duration
5.4 years
Avg maturity
9.5 years
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the total return performance of the Solactive Pacer US Cash Cows Bond Index before fees and expenses.
- Strategy
- Employs a passive management approach to track the Solactive Pacer US Cash Cows Bond Index, which includes U.S. dollar-denominated corporate bonds from companies in the Pacer US Cash Cows 100 Index and Pacer US Large Cap Cash Cows Growth Leaders Index, optimized for yield.
- Inception date
- December 17, 2024
- Fund family
- Pacer
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Closet indexer — active fees, passive behavior
This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.
- R²
- 91.4%
- TE
- 2.0%
- Beta
- 1.00
- Fee
- 7× 0.07%
Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)
Why we flagged this: strategy=index_enhanced + low_tracking_error+near_market_beta+fee_premium
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19