Pacer BlueStar Engineering the Future ETF (BULD) Performance

NASDAQ: BULDTotal returns, calendar years, drawdowns and risk since 2022.

BULD total return

Distributions reinvested · as of Oct 23, 2026
YTD
+30.0%
since Dec 31, 2025
1 year
+23.7%
total return
3 years
+24.6%
a year
Since first price
+13.0%
a year since 2022

BULD trailing returns vs SPY, QQQ, AGG

BULD trailing returns
PeriodBULD total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−4.0%−4.0%−1.0%−5.0%+0.9%
3 months−0.3%−0.3%+3.2%+1.9%−0.4%
6 months+11.6%+11.6%+7.8%+8.4%−1.5%
YTD+30.0%+30.0%+12.3%+15.1%−1.0%
1 year+23.7%+22.3%+14.4%+15.9%−1.1%
3 years+93.2%+24.6%/yr+90.4%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
Since inceptionMay 5, 2022+72.9%+13.0%/yr+70.0%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: BULD vs SPY

BULDS&P 500 (SPY)

From May 5, 2022: BULD grew to $17,289, SPY to $19,506.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

BULD returns by calendar year

BULDSPY

2 of 3 full years positive. Best 2023 (+28.3%), worst 2024 (−3.9%). 2026 is year to date.

BULD annual returns table

BULD calendar-year returns
YearBULDLargest dropSPYQQQAGG
2026YTD+30.0%−16.0%+12.3%+15.1%−1.0%
2025+23.2%−27.2%+17.7%+20.8%+7.2%
2024−3.9%−19.6%+24.9%+25.6%+1.3%
2023+28.3%−23.0%+26.2%+54.9%+5.7%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

BULD largest drawdowns

Now 11.9% below the high
BULD largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Mar 7, 2024−27.6%Apr 8, 2025Sep 15, 20251.1 years1.5 years
Aug 12, 2022−26.5%Oct 14, 2022Feb 2, 20232 months6 months
Jul 18, 2023−23.0%Oct 27, 2023Dec 26, 20233 months5 months
Jun 2, 2022−16.2%Jul 6, 2022Aug 12, 202234 days2 months
Jun 30, 2026−16.0%Jul 29, 2026not yet29 days4 months so far
Oct 20, 2025−15.5%Nov 20, 2025Jan 6, 202631 days3 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

BULD risk statistics

BULD risk statistics
Statistic3 yearsSince 2022
Annualized return+25.0%+15.2%
Volatility (annualized)24.6%26.9%
Sharpe ratio0.850.50
Sortino ratio1.500.81
Best month+14.5%+14.5%
Worst month−12.1%−13.8%
Best 12 months+68.0%+68.0%
Worst 12 months−16.1%−16.1%
Positive months61%58%
Beta vs S&P 5001.47—
Correlation with S&P 5000.74—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

BULD rolling returns

BULD rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year42−16.1%+15.1%+68.0%88%
3-year (a year)18+2.3%+16.1%+25.0%100%

Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.

BULD performance overview

Pacer BlueStar Engineering the Future ETF (BULD) returned +23.7% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +13.0% a year, turning $10,000 into about $17,289. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −27.6%, from Mar 7, 2024 to Apr 8, 2025, and it took 5 months to get back to the old high. BULD finished 2 of its 3 full calendar years with a gain; the best year was 2023 (+28.3%) and the worst 2024 (−3.9%). Volatility has been 26.9% a year.

Related: BULD chart, BULD holdings, BULD dividends. See the BULD overview for the latest quote and fund facts.

BULD performance FAQ

What is the BULD return over the past year?

BULD returned +23.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 22.3%.

How much would $10,000 invested in BULD be worth?

$10,000 invested in BULD at its first recorded close on May 5, 2022 would be worth about $17,289 on October 23, 2026 with distributions reinvested.

What was the worst year for BULD?

The worst calendar year was 2024, with a total return of −3.9%. The best was 2023 at +28.3%.

What is the biggest drawdown of BULD?

The largest peak-to-trough decline was −27.6% between March 7, 2024 and April 8, 2025. It recovered to the old high on September 15, 2025, 5 months after the bottom.

How volatile is BULD?

Over the past 3 years BULD had an annualized volatility of 24.6% and a Sharpe ratio of 0.85 (excess return over 1–3 month T-bills per unit of risk).