Pacer Trendpilot US Large Cap ETF

PTLC

Market cap $3.44B

It's been tough to lose money on ETFs this year — nearly every actively traded U.S. diversified ETF is up in 2025 so far. But there's a tiny number of unlucky ETFs sinking amid a rising tide.

The Pacer Trendpilot US Large Cap ETF (PTLC) operates on a simple, rules-based technical indicator. It adjusts its exposure to the S&P 500 on its technical signal. It holds either 100% equities, a 50/50 mix of stocks and T-bills, or 100% T-bills—based on whether the S&P 500 Index is trading above or below its 200-day SMA. The fund's strategy is designed to protect capital during prolonged, conventional market downturns. By automatically shifting to a more conservative position (50% or 100% cash), PTLC aims to minimize losses.