Zacks Investment ResearchT3·22d ago
PATN Pacer Nasdaq International Patent Leaders ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
PATN
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Key stats
About
Pacer Nasdaq International Patent Leaders ETF (PATN) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2024-09-16
- Has Options
- No
Fund profile
holdings as of Apr 30, 2026SEC filingthrough Jul 2026flows, SEC filings
- Expense ratio
- 0.65% prospectus, filed Aug 28, 2025
- Assets
- $78M SEC filing, Apr 30, 2026
- Trailing yield
- 1.85% paid quarterly
- Average daily volume
- $5.2M 30 sessions
- Holdings
- 101 top 10 are 45.2%
- Listed
- Sep 16, 2024 Nasdaq
- Tracking difference
- -1.09 pts vs index, after fees, FY 2026
Cost27
Liquidity57
Scale27
Diversification58
Moves with. US large-cap stocks (43% of its variance, beta 1.13); Emerging markets over US (42% of its variance, beta 0.76); Value over growth (7% of its variance, beta -0.18); Developed markets ex-US over US (4% of its variance, beta 0.33). These factors explain 93% of its daily moves over the last year.
Stated objective. The Pacer Nasdaq International Patent Leaders ETF (the Fund) employs a passive management (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the Nasdaq International Patent Leaders Index (the Index). (from the fund's prospectus)
All 101 holdingsFlow historySimilar fundsOverlap toolAll Developed ex-US ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$41M latest reported month
- Latest 3 months
- +$123M +59.3% of assets
- Latest 12 months
- +$178M +85.9% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$41M |
| Jun 2026 | +$46M |
| May 2026 | +$36M |
| Apr 2026 | +$5.8M |
| Mar 2026 | +$16M |
| Feb 2026 | +$13M |
| Jan 2026 | +$14M |
| Dec 2025 | +$2.7M |
| Nov 2025 | +$1.6M |
| Oct 2025 | $0 |
| Sep 2025 | +$2.0M |
| Aug 2025 | $0 |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 23 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| UMMAWahed Dow Jones Islamic World ETF | 43% | 0.65% | $280M | +23.6% | compare |
| QQIInvesco Nasdaq International Innovators 100 ETF | 38% | — | — | — | compare |
| AIAiShares Asia 50 ETF | 36% | 0.50% | $4.6B | +34.1% | compare |
| EMCSXtrackers MSCI Emerging Markets Select ETF | 35% | 0.15% | $1.1B | +23.8% | compare |
| DBEMXtrackers MSCI Emerging Markets Hedged Equity ETF | 34% | 0.66% | $106M | +16.3% | compare |
Ranked by how much of the two portfolios is the same securities.
What changed in the portfolio
Jan 31, 2026 → Apr 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | Roche Holding AG | 2.93% | — | — |
| New position | Roche Holding AG | — | 2.43% | — |
1 new, 1 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 10.9%. Full holdings and history
Under the hood
fiscal year to Apr 30, 2026SEC census- Authorized participants
- 5 active of 5 with agreements; top 3 did 88%
- Created · redeemed
- $59M · $535K over the fiscal year
- Redemptions in kind
- 101% creations 66% in kind
- Creation unit
- 20,000 shares
- Securities lending
- 0.05% of assets on loan on average; earned 0.0 bp
- Return vs index
- -1.09 pts after fees; -0.10 before; daily s.d. 3.31
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-04-30
Holdings
101
AUM
$78.2M
Provider
Nport
Inception
2024-09-16
Exchange
XNAS
Data As Of
2026-04-30
Expense Ratio
0.65%
Dividend Yield
1.85%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-03 | 2026-09-08 | $0.0530 | CD |
| 2026-06-04 | 2026-06-08 | $0.0490 | CD |
| 2025-12-30 | 2026-01-05 | $0.5263 | CD |
| 2025-09-04 | 2025-09-10 | $0.0093 | CD |
| 2025-06-05 | 2025-06-11 | $0.0702 | CD |
| 2024-12-27 | 2025-01-02 | $0.0583 | CD |
Asset Allocation
Top Holdings
top 50 of 101 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | TSMC | 12.00% | Equity (common) | TW |
| — | Samsung Electronics Co Ltd | 7.04% | Equity (common) | KR |
| — | SK hynix Inc | 5.37% | Equity (common) | KR |
| — | ASML Holding NV | 4.44% | Equity (common) | NL |
| — | Tencent Holdings Ltd | 4.03% | Equity (common) | CN |
| — | Novartis AG | 2.65% | Equity (common) | CH |
| — | Toyota Motor Corp | 2.53% | Equity (common) | JP |
| — | AstraZeneca PLC | 2.48% | Equity (common) | GB |
| — | Roche Holding AG | 2.43% | Equity (common) | CH |
| — | Nestle SA | 2.23% | Equity (common) | CH |
| — | Siemens AG | 2.08% | Equity (common) | DE |
| — | L'Oreal SA | 1.98% | Equity (common) | FR |
| — | TotalEnergies SE | 1.90% | Equity (common) | FR |
| — | Delta Electronics Inc | 1.79% | Equity (common) | TW |
| — | SoftBank Group Corp | 1.76% | Equity (common) | JP |
| — | SAP SE | 1.75% | Equity (common) | DE |
| — | ABB Ltd | 1.74% | Equity (common) | CH |
| — | Schneider Electric SE | 1.66% | Equity (common) | FR |
| — | Airbus SE | 1.45% | Equity (common) | NL |
| — | MediaTek Inc | 1.35% | Equity (common) | TW |
| — | Hitachi Ltd | 1.32% | Equity (common) | JP |
| — | Tokyo Electron Ltd | 1.31% | Equity (common) | JP |
| — | Safran SA | 1.26% | Equity (common) | FR |
| — | British American Tobacco PLC | 1.21% | Equity (common) | GB |
| — | Sony Group Corp | 1.10% | Equity (common) | JP |
| — | Sanofi SA | 1.09% | Equity (common) | FR |
| — | Mitsubishi Heavy Industries Lt | 0.99% | Equity (common) | JP |
| — | Shin-Etsu Chemical Co Ltd | 0.97% | Equity (common) | JP |
| — | Hon Hai Precision Industry Co | 0.95% | Equity (common) | TW |
| — | Infineon Technologies AG | 0.93% | Equity (common) | DE |
| — | Mitsubishi Electric Corp | 0.89% | Equity (common) | JP |
| — | NTT Inc | 0.87% | Equity (common) | JP |
| — | Hyundai Motor Co | 0.82% | Equity (common) | KR |
| — | Nokia Oyj | 0.81% | Equity (common) | FI |
| — | Xiaomi Corp | 0.76% | Equity (common) | CN |
| — | Murata Manufacturing Co Ltd | 0.72% | Equity (common) | JP |
| — | PING AN | 0.64% | Equity (common) | CN |
| — | BASF SE | 0.62% | Equity (common) | DE |
| — | STMicroelectronics NV | 0.60% | Equity (common) | CH |
| — | Thales SA | 0.60% | Equity (common) | FR |
| — | Disco Corp | 0.59% | Equity (common) | JP |
| — | Sumitomo Electric Industries L | 0.59% | Equity (common) | JP |
| — | Takeda Pharmaceutical Co Ltd | 0.58% | Equity (common) | JP |
| — | Panasonic Holdings Corp | 0.58% | Equity (common) | JP |
| — | Samsung Electro-Mechanics Co L | 0.54% | Equity (common) | KR |
| — | Bayerische Motoren Werke AG | 0.54% | Equity (common) | DE |
| — | BYD Co Ltd | 0.52% | Equity (common) | CN |
| — | Bayer AG | 0.50% | Equity (common) | DE |
| — | FANUC Corp | 0.50% | Equity (common) | JP |
| — | Cie de Saint-Gobain SA | 0.49% | Equity (common) | FR |
Geographic Breakdown
Chart
Seasonality
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 4.29% | 6.45% | 5.37% |
| Feb | -- | 3.87% | 8.07% | 5.97% |
| Mar | -- | -1.10% | -9.68% | -5.39% |
| Apr | -- | 1.94% | 11.82% | 6.88% |
| May | -- | 4.83% | 14.26% | 9.54% |
| Jun | -- | 4.10% | -1.85% | 1.12% |
| Jul | -- | 0.34% | -5.13% | -2.40% |
| Aug | -- | 5.26% | 2.57% | 3.92% |
| Sep | 4.75% | 7.17% | 1.06% | 4.33% |
| Oct | -4.57% | 4.13% | -5.47%* | -1.97% |
| Nov | -2.40% | -3.75% | -- | -3.08% |
| Dec | -0.88% | 1.37% | -- | 0.25% |
| Total | -3.29% | 37.06% | 21.13% | 18.30% |
* Only 3 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $35.22
SMA 50: $35.52
SMA 200: $33.25
Current: $33.88
EMA 12: $34.45
EMA 26: $34.99
MACD: -0.5400 | Signal: -0.2204
BEARISH
ADX (14): 21.98
WEAK TREND
+DI: 15.83
−DI: 37.90
Momentum Oscillators
RSI (14): 36.35
NEUTRAL
Stoch %K: 17.53
Stoch %D: 16.58
Williams %R: -78.29
Volume & Volatility
BB Upper: $37.26
BB Lower: $33.17
NEUTRAL
OBV: 2,527,009
Vol SMA 20: 152,829
Vol ROC: -54.51%
ATR: $0.61
True Range: $0.37
HV 20: 16.2%
HV 30: 19.6%
HV 60: 20.5%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is my analysis report:
Executive Summary
Overall assessment: BEARISH (Confidence level: 7/10)
Key drivers and primary risks:
- Overbought conditions, as RSI and Stochastic %K are both indicating an overbought state.
- Weak trend strength, with ADX indicating a weak trend regime.
- High volatility, which may lead to increased price fluctuations.
Primary risk is the potential for a correction or reversal due to overextended technical indicators.
Recent news sentiment impact: No recent news headlines available, so no sentiment assessment can be made.
Technical Analysis
- Trend Direction: Short-term (1-4 weeks) - Neutral; Medium-term (1-3 months) - Downtrend; Long-term (3-12 months) - Uptrend
- Support/Resistance Levels: Key price levels from moving averages and technical patterns:
- Lower Bollinger Band: $32.18
- Middle Bollinger Band: $34.89
- Upper Bollinger Band: $37.60
- Momentum Signals:
- RSI interpretation: Overbought (>70) - Sell signal; MACD signal: Bullish (crossover above signal line)
- Bollinger Bands position: Squeeze, breakout possible
- Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 74708.80
- On-Balance Volume (OBV): 1315916.36
- Volume Rate of Change: -15.73%
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: N/A (No news data available)
Catalyst Identification: None
Market Narrative: N/A (No news data available)
Risk & Volatility Assessment
- Beta Interpretation: Risk relative to market (beta >1.38 = high risk)
- Volatility Regime: High volatility regime
- Options Market Signals: IV Premium vs HV30: N/A (positive = implied richer than realized)
- Downside Protection: Support levels and risk management considerations:
- Lower Bollinger Band: $32.18
Market Context & Positioning
- Sector Performance: Relative strength vs sector/market
- No data available for sector performance
- Institutional Activity: Volume patterns suggesting institutional interest signals:
- On-Balance Volume (OBV): 1315916.36
- Correlation Analysis: How stock moves relative to market (R-squared interpretation):
- Correlation: 0.77
- Relative Valuation: Position within trading range:
- No data available for sector performance
Key Levels & Action Items
- Critical Price Levels: Support/resistance to monitor:
- Lower Bollinger Band: $32.18
- Middle Bollinger Band: $34.89
- Upper Bollinger Band: $37.60
- Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- None available
- Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:
- No earnings data or time-sensitive catalysts available
- Risk Management: Stop-loss levels and position sizing considerations:
- Set stop-loss at $35.79 (EMA 12), considering a potential correction or reversal due to overextended technical indicators
Please let me know if you would like me to revise anything!
Generated
News
All PATN news →
PATN Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.5775
Alpha: 1.81%
Correlation: 0.7752
R-Squared: 60.1%
Stock Volatility: 25.8%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
PATN Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|