Pacer US Small Cap Cash Cows ETF (CALF)
| Assets | $3.74B |
| Expense Ratio | 0.59% |
| PE Ratio | 11.88 |
| Shares Out | 83.60M |
| Dividend (ttm) | $0.45 |
| Dividend Yield | 0.99% |
| Ex-Dividend Date | Sep 4, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 11.82% |
| Volume | 371,786 |
| Open | 44.86 |
| Previous Close | 44.92 |
| Day's Range | 44.84 - 45.15 |
| 52-Week Low | 31.50 |
| 52-Week High | 47.64 |
| Beta | 1.06 |
| Holdings | 201 |
| Inception Date | Jun 16, 2017 |
About CALF
Fund Home PageThe Pacer US Small Cap Cash Cows ETF (CALF) is an exchange-traded fund that is based on the Pacer US Small Cap Cash Cows index. The fund tracks an index of 100 companies out of the S&P Small Cap 600 Index selected and weighted by free cash flow. CALF was launched on Jun 16, 2017 and is issued by Pacer.
Top 10 Holdings
21.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Halliburton Company | HAL | 2.52% |
| Biogen Inc. | BIIB | 2.46% |
| Expedia Group, Inc. | EXPE | 2.33% |
| Fox Corporation | FOXA | 2.31% |
| APA Corporation | APA | 2.08% |
| Zoom Communications, Inc. | ZM | 2.05% |
| United Airlines Holdings, Inc. | UAL | 1.94% |
| Ovintiv Inc. | OVV | 1.90% |
| Omnicom Group Inc. | OMC | 1.87% |
| Jazz Pharmaceuticals plc | JAZZ | 1.86% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 4, 2025 | $0.16005 | Sep 10, 2025 |
| Jun 5, 2025 | $0.07821 | Jun 11, 2025 |
| Mar 6, 2025 | $0.0664 | Mar 12, 2025 |
| Dec 27, 2024 | $0.142 | Jan 2, 2025 |
| Sep 26, 2024 | $0.14625 | Oct 2, 2024 |
| Jun 27, 2024 | $0.10099 | Jul 3, 2024 |
Performance
CALF had a total return of -2.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.62%.
News
CALF: Improved Strategy, But Momentum Is Driving This Small-Cap Cash Cows ETF
The Pacer US Small Cap Cash Cows 100 ETF underwent a strategy change earlier this year and has seen solid results since, delivering returns near the top of its category. CALF now selects double the nu...
CALF: Overpaying For A Smart Beta Strategy That Lags The S&P 600
The Pacer US Small Cap Cash Cows ETF is rated Hold, due to high fees and lack of clear outperformance, versus cheaper alternatives. CALF's strategy of selecting high free cash flow small-caps results ...
Here's to a Second $1 Trillion Year for ETFs
It's October, and ETFs are closing in on the $1 trillion mark for net inflows in 2025 (We have $997 billion as of October 9). This is a monumental achievement given this milestone was first crossed in...
CALF: Small Consumer Discretionary Stocks Perking Up, And That's Bullish
CALF's largest sector exposure is Consumer Discretionary, which is showing strong momentum versus Consumer Staples, supporting a bullish outlook. Despite recent underperformance, CALF's low valuation,...
CALF: Low Valuation, Performance Subdued
CALF targets small-cap companies with strong free cash flow yields, offering a differentiated, low-valuation, and profitable portfolio versus traditional value ETFs. The fund is heavily overweight in ...
CALF: This Struggling Cash Cows ETF Needed A Strategy Change - And It Got One
CALF has been one of the worst-performing small-cap value funds over the last two years. Something had to change, and fortunately, an update to the Index methodology occurred in March. At first glance...
COWZ vs CALF vs BUL: Which free cash flow ETF is better to buy?
Exchange-traded funds (ETFs) by Pacer have become popular among value investors. In addition to their unique names, some of these funds are highly uncorrelated to the broader market.
CALF: Why Investors Stopped Caring About Small Cap Stocks
CALF, an ETF that prioritizes cash flow generating smaller stocks, reflects the malaise that continues to make that market segment unattractive. Barring a near-term bounce, CALF is merely the bad of a...
Why Is The IPO Market Struggling? Here's What Active Managers Have To Say
Strong returns in U.S. stocks, particularly over the past two plus years, have led investors to question the relative lack of companies going public via the IPO process — as well as the potential impl...
CALF: Good Fund Just Shy Of Great
CALF ETF targets 100 S&P 600 small-cap stocks with the highest free cash flow yields but faces constraints limiting its potential. Free cash flow yield is crucial for sustainable growth, shareholder r...
Tech IPOs Poised For Return To Pre-Pandemic Normalcy In 2025
The new year is poised for a resurgence in tech IPOs, as lower interest rates and an investor shift to small- and mid-cap companies combine to create a more welcoming market for debuts. The current en...
The Best Small-Cap ETF to Buy Right Now (and One Intriguing Alternative)
Small-cap stocks have roared back to life. After three years of lagging behind larger peers, the Russell 2000 index has surged 10.6% in November as of this writing, reflecting renewed interest in smal...
3 Small-Cap ETFs That Could Be Big Rate-Cut Winners
Small-cap stocks have underperformed large caps for well over a decade, and trade at a massive relative valuation discount. However, the falling-interest rate environment could provide a multiyear tai...
CALF: Trump Tax Cuts Could Spark A Stampede
Small-cap equities, particularly the Pacer US Small Cap Cash Cows 100 ETF, may benefit from Trump's corporate tax cuts and attractive valuations. Small-caps are usually domestically focused and lack a...
CALF: Good Upside After Recent Underperformance
The Pacer US Small Cap Cash Cows 100 ETF selects the top 100 stocks in terms of free cash flow out of the S&P SmallCap 600 Index. Zero allocation to financials and utilities has contributed to lacklus...
Could This Unique Small-Cap ETF Beat The S&P 500?
The Pacer U.S. Small Cap Cash Cows 100 ETF focuses on the most profitable one-sixth of a major small cap index. This approach has allowed the ETF to significantly outperform the small-cap benchmark fo...
CALF: In The Year Of Small-Caps, Cash Flow Is King
2024 may see the Fed cutting interest rates for the first time, benefiting small capitalization equities via lower cost of funds and higher earnings per share. Pacer US Small Cap Cash Cows 100 ETF tra...
CALF: Is This Popular Free Cash Flow Yield ETF In Serious Trouble?
Pacer US Small Cap Cash Cows 100 ETF is a small-cap value ETF that consistently emphasizes quality and value. Its 0.59% expense ratio is steep, but it's been the second-best-performing SCV fund since ...
CALF: Underappreciated Small-Cap Factor Fund Focusing On Free Cash Flow
Large caps are outperforming small caps since last December, bringing trouble to diversified portfolios. High free cash flow firms are also outperforming, primarily among large caps, and small-cap val...
Pacer ETFs Rings in its 9th Anniversary as Firm nears $50 Billion in Assets Under Management
MALVERN, Pa.--(BUSINESS WIRE)---- $CALF--Pacer ETFs Rings in its 9th Anniversary as Firm nears $50 Billion in Assets Under Management.
Pacer ETFs President on US Small Cap ETF (CALF)
Pacer ETFs President Sean O'Hara discusses the Pacer US Small Cap Cash Cows 100 ETF (Ticker: CALF) which aims to provide capital appreciation by screening the S&P SmallCap 600 for companies with high ...
"Small" Set to Soar? 3 ETFs to Play a Potential Massive Rebound in Small Cap Stocks
Small cap stocks are trading at a historically wide discount to large caps. One prominent Wall Street analyst thinks small caps could soar 50% in 2024 in a big "catch-up" trade.
Pacer ETFs' Pacer US Small Cap Cash Cows 100 ETF (CALF) Wins ETF of the Year at 2024 etf.com Awards
MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs' Pacer US Small Cap Cash Cows 100 ETF (CALF) Wins ETF of the Year at 2024 etf.com Awards.
CALF: Owning The Best Small Caps For An Impending Breakout
Small cap stocks have not performed as well as large cap stocks, but there is potential for a new rally stage in small caps.
CALF: Strong Small-Cap Value ETF, Cheap Valuation, Significant Momentum
Value stocks and funds have had something of a renaissance since early 2022. CALF is a small-cap value ETF focusing on smaller cash cows or calfs. It sports a cheap valuation, a strong performance tra...
CALF: Strong Performance No Matter What Interest Rates Are Doing
Small caps underperformed due to rising interest rates, but quality small caps performed well. Rising rates have a bigger impact on smaller companies, increasing default risk. Pacer US Small Cap Cash ...
Pacer ETFs Celebrates a Banner Year of Firm Growth and Success in 2023
MALVERN, Pa.--(BUSINESS WIRE)---- $CALF #ETF--Pacer ETFs celebrates another successful year of growth for 2023 as Cash Cows ETF Series and other funds find continued success in generating flows.
CALF: Small-Cap Investing With A Value Tilt
I believe small-caps has the potential to outperform in 2024 provided the economy performs well as investors rotate out of expensive mega-caps. The Pacer US Small Cap Cash Cows 100 ETF could be a good...
Final Trades: CALF, Qualcomm, Diamondback Energy and Taiwan Semi
Here are today's final trades from the Investment Committee.
What Is the Best Small-Cap ETF to Buy?
Small-cap stocks could be poised for a trend reversal in 2024. One way to play a potential rally in this segment is to buy an exchange-traded fund focusing on small-cap stocks.
CALF: Our Favorite Small-Cap ETF Can Continue To Outperform
CALF: Our Favorite Small-Cap ETF Can Continue To Outperform
CALF: The Long-Term Way To Play Small-Cap Stocks
The Pacer US Small Cap Cash Cows 100 ETF focuses on small-cap companies with high free cash flow yield, offering growth potential with reduced risks. Small-cap stocks often offer higher potential retu...
COWZ Vs. CALF: One Is The King Of Buffett-Style ETFs
Warren Buffett's favorite valuation metric is free cash flow yield, specifically free cash flow/enterprise value. This is the best valuation metric of the last 33 years, generating 16% average annual ...
How To Find The Best Style ETFs 3Q23
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each style.
CALF Is Good, But You Might Do Better
CALF is a small-cap ETF that aims to reduce risk and increase returns by focusing on stocks with positive free cash flow. Small-cap stocks with negative free cash flow have significantly underperforme...
Pacer ETFs Surpasses $25B Milestone in Assets Under Management
MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs Surpasses $25B Milestone in Assets Under Management.
Invest Like The Best: 2 Buffett-Style ETF Bargain Buys
Invest Like The Best: 2 Buffett-Style ETF Bargain Buys
CALF: Small-Cap Cash Cows Grapple With Slow Sales And Earnings Growth
CALF is a free-cash-flow-focused fund providing exposure to 100 small-cap stocks. The ETF has $2.14 billion in assets under management and a 0.59% expense ratio. CALF has the best profitability score ...
How To Find The Best Style ETFs 2Q23
With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each style.
Buy CALF: It's Moo-Ving In The Right Direction
CALF selects 100 small-cap stocks based on free cash flow yield, but weights based on free cash flow dollars. This important distinction gives the portfolio a size and quality boost. Quality is a conc...