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Pacer Nasdaq International Patent Leaders ETF
PATN (Pacer Nasdaq International Patent Leaders ETF) is an index US Technology Equity ETF by Pacer. With a 0.65% MER, it provides diversified exposure through 2 holdings. Semi-annual distribution with a 1.89% yield.
PATN by Pacer is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.65% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.