Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an index fund holding the 50 Nasdaq-100 companies that turn the largest share of sales into free cash, giving bigger weights to those with stronger price momentum. As of July 31, 2026, its largest holdings were chip and data-storage firms such as Western Digital, Seagate and Sandisk. It costs 0.49% a year, above the 0.33% average for similar funds.

• Over the year to Oct 27, 2026, QQQG returned +25.4%, 2nd of 9 among similar funds.
• Its worst full calendar year was 2025 (+14.7%); its best was 2025 (+14.7%).
• The deepest fall in its price history was 23.6% (Feb 19, 2025 to Apr 8, 2025), recovered by Jun 6, 2025.

As of Jul 31, 2026, the fund held 50 securities; the ten largest made up 39.21% of assets. It also reported 4.12% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.

By sector

• Over the three months to Jul 31, 2026, investors added a net $8.1M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +15.13%, +6.59%, -9.12%.

QQQG tracks the Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders Index. The index rules come from Index Design Group, an affiliate of the fund's adviser, Pacer Advisors. The index starts with the Nasdaq-100, which is 100 of the largest non-financial companies on Nasdaq. It removes companies with negative projected free cash flow or earnings over the next two fiscal years, plus financial and real estate firms. Free cash flow is cash from operations minus spending on equipment and buildings. The rest are ranked by free cash flow margin (free cash flow divided by sales) over the past year. The top 50 “cash cows” make the index.

The index doesn't size positions by company value. It weights its 50 stocks by a price momentum score, so stocks with stronger price trends get bigger stakes, capped at 5% each. It is rebuilt every quarter, on the third Friday of February, May, August and November. Weights can drift in between: Western Digital was 5.7% of the fund as of July 31, 2026. Turnover, the share of holdings replaced over a year, was 77%.

The fund generally owns every stock in the index. It uses no leverage, options or swaps. It is non-diversified, so it can hold bigger stakes in fewer companies. More than half its assets were in technology as of July 31, 2026.

• QQQG charges 0.49% a year, versus an average of 0.33% for the similar funds below (6th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $50 in the first year and $616 over 10 years (assuming a 5% annual return).

It holds a tech-heavy basket of 50 stocks led by chip and data-storage companies, moved about 1.68 times as much as the market in the year to October 27, 2026, and has only about two years of history.

QQQG launched on August 19, 2024, so it has no record from the 2008 financial crisis, the 2020 COVID crash or the 2022 bear market. Its only full calendar year, 2025, gained 14.67%. Its deepest drop, 23.6%, ran from February 19 to April 8, 2025. It recovered by June 6, about two months later. Cashing out near that low would have locked in the loss. About two years of history says little about a long bear market.

Income is negligible. The 12-month yield was 0.08% as of October 27, 2026, paid twice a year, so spending money would mostly come from trimming shares. Its 0.49% annual fee is above the 0.33% average for similar funds. The SEC's standard example puts costs at $616 over 10 years on $10,000, assuming 5% annual returns. Past results don't predict future ones, and a plan needs to weigh the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.