Pacer S&P 500 Quality FCF R&D Leaders ETF (QFRD) Valuation
QFRD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.7 trailing earnings
- Forward P/E
- 20.1 analyst estimates
- Price / sales
- 6.62
- Price / book
- 6.54
- EV / EBITDA
- 20.6
- Earnings yield
- 2.88% inverse of P/E
- Dividend yield
- 0.67% of the holdings
- Return on equity
- 18.8% combined
- Net margin
- 19.0% combined
- Beta
- 1.04 weighted, vs S&P 500
QFRD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| QFRD | 34.7 | 20.1 | 6.62 | 6.54 | 0.67% | 18.8% | 19.0% | 1.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
QFRD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 58.7% | 39.1 | 22.2 | 7.48 | 8.08 | 0.43% | 20.6% |
| Healthcare | 34.4% | 30.9 | 17.1 | 5.47 | 4.75 | 1.14% | 15.4% |
| Communication Services | 3.7% | 22.6 | 22.3 | 8.33 | 7.14 | 0.29% | 31.6% |
| Consumer Cyclical | 3.5% | 31.9 | 20.7 | 5.95 | 10.91 | 0.44% | 34.1% |
QFRD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How QFRD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
QFRD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| WDAY | Workday, Inc. | 3.73% | 38.9 | 17.7 | 4.5 | — | 3.33% |
| REGN | Regeneron Pharmaceuticals, Inc. | 3.52% | 19.6 | 14.5 | 5.2 | 0.48% | 6.23% |
| INCY | Incyte Corporation | 3.50% | 14.4 | 14.7 | 3.9 | — | 8.41% |
| VRTX | Vertex Pharmaceuticals Incorporated | 3.26% | 28.9 | 24.1 | 10.1 | — | 3.90% |
| DDOG | Datadog, Inc. | 3.13% | 494.2 | 84.7 | 22.4 | — | 0.22% |
| CDNS | Cadence Design Systems, Inc. | 3.01% | 63.5 | 31.5 | 15.1 | — | 1.64% |
| SNPS | Synopsys, Inc. | 2.92% | 80.3 | 23.3 | 9.3 | — | 1.26% |
| VEEV | Veeva Systems Inc. | 2.82% | 50.9 | 30.2 | 14.5 | — | 1.92% |
| NOW | ServiceNow, Inc. | 2.67% | 88.7 | 27.8 | 10.0 | — | 1.04% |
| LLY | Eli Lilly and Company | 2.66% | 42.2 | 24.4 | 14.1 | 0.55% | 2.18% |
| ADSK | Autodesk, Inc. | 2.52% | 31.1 | 17.6 | 6.4 | — | 2.80% |
| META | Meta Platforms, Inc. | 2.52% | 26.7 | 22.1 | 7.9 | 0.30% | 3.26% |
| CRWD | CrowdStrike Holdings, Inc. | 2.48% | — | 208.3 | 43.1 | — | 0.02% |
| MRVL | Marvell Technology, Inc. | 2.46% | 72.3 | 62.1 | 21.7 | 0.11% | 1.18% |
| MRK | Merck & Co., Inc. | 2.45% | 115.8 | 15.3 | 5.4 | 2.33% | 0.73% |
| BIIB | Biogen Inc. | 2.33% | 41.3 | 13.9 | 3.4 | — | 1.95% |
| GDDY | GoDaddy Inc. | 2.12% | 15.8 | 8.7 | 2.6 | — | 4.66% |
| P | Everpure, Inc. | 2.06% | 169.9 | 44.8 | 9.7 | — | 0.42% |
| QCOM | QUALCOMM Incorporated | 2.05% | 19.9 | 19.6 | 4.2 | 2.14% | 3.57% |
| PANW | Palo Alto Networks, Inc. | 2.05% | 855.0 | 94.3 | 24.4 | — | 0.08% |
| ABNB | Airbnb, Inc. | 2.01% | 39.6 | 25.4 | 7.9 | — | 1.76% |
| AMGN | Amgen Inc. | 1.98% | 26.9 | 16.7 | 6.1 | 2.33% | 2.56% |
| BMY | Bristol-Myers Squibb Company | 1.97% | 13.2 | 9.4 | 2.5 | 4.22% | 5.19% |
| ADBE | Adobe Inc. | 1.94% | 13.7 | 8.7 | 3.7 | — | 4.90% |
| GILD | Gilead Sciences, Inc. | 1.94% | — | 15.6 | 6.4 | 2.10% | −1.14% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About QFRD valuation
Adding up its 50 holdings with company data, QFRD trades at 34.7 times trailing earnings and 20.1 times analysts' forward estimates, with a price-to-book ratio of 6.54 and a dividend yield of 0.67%. Its earnings yield of 2.88% is 2.45 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.2% of the fund and earn 30.1% of its combined profit. By sector, Technology is the most expensive at 39.1 times earnings and Communication Services the cheapest at 22.6. Companies that lost money over the past year are 1.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: QFRD chart, QFRD holdings, QFRD dividends.
QFRD valuation FAQ
What is the P/E ratio of QFRD?
Based on its holdings, QFRD has a trailing P/E of 34.7 and a forward P/E of 20.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of QFRD?
The trailing earnings yield is 2.88% (1 ÷ P/E) and the forward earnings yield 4.98%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is QFRD more expensive than the S&P 500?
QFRD trades at 34.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.1 and 19.9.
What is the price-to-book ratio of QFRD?
The holdings of QFRD trade at 6.54 times book value, with a combined return on equity of 18.8%.
Which sector in QFRD has the highest P/E?
Technology has the highest P/E at 39.1 and Communication Services the lowest at 22.6.