Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Pacer Data and Digital Revolution ETF (TRFK), a passively managed exchange traded fund launched on June 8, 2022.
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in top 13%.
Index Details
The fund is sponsored by Pacer Etfs. It has amassed assets over $860.83 million, making it one of the average sized ETFs attempting to match the performance of the Technology - Broad segment of the equity market. TRFK seeks to match the performance of the PACER DATA TRANSMISN & COMM REVOLUTN ID before fees and expenses.
The Pacer Data Transmission and Communication Revolution Index derive at least 50% of their revenues from one of the following activities related to the use, manipulation, transmission, or storage of data and the ancillary services.
Costs
Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.
Annual operating expenses for this ETF are 0.49%, making it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 0.01%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Information Technology sector -- about 94.3% of the portfolio.
Looking at individual holdings, Nvidia Corp (NVDA) accounts for about 9.88% of total assets, followed by Broadcom Inc (AVGO) and Oracle Corp (ORCL).The top 10 holdings account for about 59.5% of total assets under management.
Performance and Risk
The ETF return is roughly 50.09% and is up roughly 80.28% so far this year and in the past one year (as of 06/08/2026), respectively. TRFK has traded between $53.842 and $108.93 during this last 52-week period.
The ETF has a beta of 1.53 and standard deviation of 28.57% for the trailing three-year period. With about 86 holdings, it effectively diversifies company-specific risk.
Alternatives
Pacer Data and Digital Revolution ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, TRFK is an outstanding option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.
State Street Technology Select Sector SPDR ETF (XLK) tracks Technology Select Sector Index and the Vanguard Information Technology Index Fund ETF Shares (VGT) tracks MSCI US Investable Market Information Technology 25/50 Index. State Street Technology Select Sector SPDR ETF has $117.90 billion in assets, Vanguard Information Technology Index Fund ETF Shares has $140.78 billion. XLK has an expense ratio of 0.08%, and VGT charges 0.09%.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Pacer Data and Digital Revolution ETF (TRFK): ETF Research Reports
This article originally published on Zacks Investment Research (zacks.com).