Pacer S&P 500 Quality FCF R&D Leaders ETF

Pacer S&P 500 Quality FCF R&D Leaders ETF is an exchange-traded fund that tracks the S&P 500 Quality FCF R&D Leaders Index. The fund focuses on a concentrated group of large U.S. companies that combine strong research and development spending with disciplined free cash flow characteristics. Its portfolio is designed to emphasize businesses with high innovation intensity and solid cash generation, which can be found across sectors such as technology, healthcare, communication services, and consumer discretionary. The ETF uses a rules-based selection process to identify leaders in R&D within the S&P 500 while applying quality screens tied to free cash flow margin and return on invested capital. This approach makes the fund a thematic equity product centered on innovation-led companies with an emphasis on financial quality.