FLRT: Pacer Pacific Asset Floating Rate High Income ETF
About
FLRT was created on 2015-02-18 by Pacer. The fund's investment portfolio concentrates primarily on high yield fixed income. FLRT is an actively managed fund targeting floating-rate US debt from non-investment-grade issuers.
Current Value
$47.781 Year Return
Current Value
$47.781 Year Return
Key Details
Assets Under Management
$401.26M
Div Yield %
8.24%
P/E Ratio
-
Net Asset Value
$47.73
Expense Ratio
0.60%
1Y ETF Return
0.11%
Strategies that include FLRT
Stock's related to FLRT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| EPAM | 41.06% | $12.91B | -11.78% | 0.00% |
| BGS | 28.49% | $503.48M | -32.20% | 12.01% |
| SLAB | 26.57% | $3.19B | -2.58% | 0.00% |
| EFX | 26.56% | $30.37B | +16.91% | 0.64% |
| EMR | 26.55% | $73.88B | +46.23% | 1.61% |
| DHI | 26.52% | $52.92B | +28.05% | 0.98% |
| AWI | 26.50% | $6.69B | +84.16% | 0.75% |
| ENPH | 26.42% | $8.29B | -37.59% | 0.00% |
| EXLS | 26.41% | $7.12B | +59.40% | 0.00% |
| ONB | 26.39% | $6.69B | +43.24% | 2.68% |
| VBTX | 26.37% | $1.58B | +53.68% | 2.75% |
| AIT | 26.35% | $10.24B | +65.69% | 0.56% |
| TRMB | 26.30% | $17.01B | +61.09% | 0.00% |
| MC | 26.25% | $5.22B | +66.66% | 3.25% |
| FBK | 26.23% | $2.55B | +64.80% | 1.25% |
| FUL | 26.21% | $4.03B | -2.68% | 1.19% |
| BX | 26.19% | $224.27B | +74.81% | 1.86% |
| IEX | 26.18% | $16.93B | +12.60% | 1.21% |
| CNDT | 26.13% | $569.21M | +20.27% | 0.00% |
| GNL | 26.12% | $1.69B | -16.46% | 16.20% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LXRX | 0.04% | $318.44M | -18.44% | 0.00% |
| EXEL | 0.06% | $9.83B | +62.16% | 0.00% |
| GME | -0.08% | $11.76B | +119.68% | 0.00% |
| LRN | 0.08% | $4.43B | +74.97% | 0.00% |
| KDP | -0.11% | $42.76B | -1.22% | 2.77% |
| GALT | 0.12% | $172.91M | +41.28% | 0.00% |
| ALNY | -0.13% | $30.22B | +43.13% | 0.00% |
| OPTN | -0.13% | $51.10M | -72.23% | 0.00% |
| FLYW | -0.14% | $2.79B | -0.88% | 0.00% |
| LZ | 0.15% | $1.30B | -33.57% | 0.00% |
| SAVA | -0.16% | $1.35B | +25.50% | 0.00% |
| HDSN | -0.17% | $260.34M | -54.39% | 0.00% |
| PG | -0.20% | $402.15B | +14.14% | 2.33% |
| TAL | -0.22% | $4.54B | +2.16% | 0.00% |
| BNED | -0.23% | $277.22M | -91.94% | 0.00% |
| PGR | -0.31% | $149.10B | +57.29% | 0.45% |
| GO | 0.33% | $1.81B | -34.42% | 0.00% |
| WHLM | -0.35% | $17.64M | -29.34% | 0.00% |
| HQY | -0.36% | $8.97B | +52.15% | 0.00% |
| EDU | -0.36% | $9.06B | -22.20% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AGS | -17.74% | $479.25M | +57.18% | 0.00% |
| EMBC | -16.73% | $777.82M | -20.98% | 4.49% |
| VITL | -16.65% | $1.32B | +142.79% | 0.00% |
| STG | -15.91% | $35.67M | +7.92% | 0.00% |
| TMCI | -15.29% | $483.43M | -8.71% | 0.00% |
| DV | -15.29% | $3.26B | -37.48% | 0.00% |
| CCSI | -14.89% | $451.51M | +3.04% | 0.00% |
| KVYO | -14.21% | $9.29B | +24.95% | 0.00% |
| USM | -14.04% | $5.35B | +41.82% | 0.00% |
| YOU | -13.63% | $2.50B | +34.63% | 1.10% |
| EVGO | -10.90% | $625.86M | +97.63% | 0.00% |
| SOC | -10.90% | $1.93B | +74.70% | 0.00% |
| SCWX | -10.80% | $743.12M | +40.27% | 0.00% |
| EDSA | -10.72% | $7.11M | -21.79% | 0.00% |
| GRAL | -10.41% | $459.22M | -13.00% | 0.00% |
| NXTC | -10.35% | $36.69M | +6.50% | 0.00% |
| SBGI | -10.19% | $1.09B | +17.36% | 6.11% |
| BMBL | -9.85% | $845.98M | -43.90% | 0.00% |
| UFI | -9.69% | $102.66M | -11.22% | 0.00% |
| TDS | -9.39% | $3.56B | +63.43% | 1.43% |
ETF's related to FLRT
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| JBBB | -0.14% | $1.26B | 0.49% |
| HIGH | 0.33% | $302.78M | 0.51% |
| TBLL | -0.50% | $1.92B | 0.08% |
| BSCO | -1.11% | $2.35B | 0.1% |
| BILZ | 2.18% | $563.02M | 0.14% |
| IBMM | 2.38% | $391.28M | 0.18% |
| AGZD | 2.39% | $142.76M | 0.23% |
| FMF | -2.41% | $244.61M | 0.95% |
| USCI | 2.47% | $185.47M | 1.07% |
| PHDG | 2.76% | $113.97M | 0.39% |
| BOXX | 2.77% | $4.43B | 0.1949% |
| GBIL | 2.80% | $5.60B | 0.12% |
| DEFI | 2.88% | $13.58M | 0.94% |
| KMLM | 2.98% | $353.87M | 0.9% |
| KCCA | 3.03% | $220.51M | 0.87% |
| KRBN | 3.14% | $242.47M | 0.85% |
| BITO | 3.29% | $2.65B | 0.95% |
| BUXX | 3.30% | $162.67M | 0.25% |
| EQLS | -3.69% | $76.08M | 1% |
| CORN | 3.70% | $61.12M | 0.2% |
News
SeekingAlpha
With inflation cooling and the Federal Reserve transitioning from rate hikes to a cycle of rate cuts, bonds are poised to perform well in 2025.
SeekingAlpha
Weak loan growth is posing a headwind once again as US banks get ready to post third quarter results, with hopes still hanging on rate cuts to spur credit demand in future periods.
SeekingAlpha
FLRT focuses on non-investment grade holdings which have done well in this cycle. Explore more details here.
SeekingAlpha
While we expect a gradual decline in global yields over the coming months, we also anticipate continued bumps along the way.
SeekingAlpha
The U.S. Federal Reserve just gave us a double-sized interest rate cut. November will see another 50 basis points come off the fed funds rate, if market pricing is to be believed.
SeekingAlpha
As the Fed begins to cut interest rates, it is important to consider the possibility that lower rates will not produce a stronger economy. Read more here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.