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It is a passive thematic ETF that tracks an index composed of digital-infrastructure real-estate companies, such as data-center REITs and wireless-communications-tower REITs, which underpin demand for data and connectivity. It provides concentrated exposure to digital-infrastructure real estate.

It is suited to investors who want exposure to data-infrastructure real estate while accepting the volatility that comes with thematic concentration.

It is a passive (index-tracking) ETF managed by Pacer.

It tracks an index composed of data-center REITs, wireless-communications-tower REITs, and real-estate companies tied to data and connectivity infrastructure. It focuses on digital-infrastructure real estate that stands to benefit from rising data usage and connectivity demand, and its structure provides exposure that is closer to a data-growth theme than to general real estate.

• Focused exposure to digital-infrastructure data centers and communication towers
• Combined exposure to data growth and real estate

Sizing and Cost of the Pacer Data & Infrastructure Real Estate ETF (AUM, Management Fee)

Assets under management (AUM) stand at $286.5M, and the total expense ratio is 0.49% annually.

Compared with general global real-estate ETFs such as REET and RWO, its digital-infrastructure concentration and thematic character are the main points of comparison.

Pacer Data & Infrastructure Real Estate ETF Performance and Flows

Digital-infrastructure REITs are driven by data-demand growth, the interest-rate environment, and technology-growth expectations, tending to perform strongly in periods when demand for data centers and communication towers is in the spotlight and weakly in rising-rate environments. Because of its thematic concentration, performance can diverge from broader real-estate indices.

Digital-infrastructure REITs see fund inflows and outflows shift with data-growth expectations and interest-rate outlooks, and in periods when interest in artificial intelligence and data demand rises, capital can rotate into related product groups. It is also worth noting that performance varies with changes in interest rates and data demand.

Exposure to data-growth beneficiaries and digital infrastructure is a strength, while thematic and holdings concentration along with interest-rate sensitivity are factors to consider.

For a different way to gain exposure to data centers and digital infrastructure, direct substitutes include IDGT, and for another data-center real-estate product, options like DTCR are also worth comparing. For broad real-estate exposure, products like VNQ can also be reviewed. The three products shown in the table—REET, RWO, and VNQI—are all general REIT ETFs that invest across global real estate and differ in their degree of digital-infrastructure concentration. This ETF differentiates itself through its narrower exposure to data-center and communication-tower digital infrastructure.

Points to check before investing in SRVR. The data-growth beneficiary case is attractive, but thematic and holdings concentration, interest-rate sensitivity, and theme dependence need to be reviewed in advance. It is also a good idea to compare it with general real-estate and data-center products.

A slowdown in data demand, rising interest rates, and thematic concentration are the main drivers of short-term performance, and concentration in a limited number of data-center and communication-tower names can lead to large drawdowns during market sell-offs. Due to its theme-dependent nature, performance is heavily driven by shifts in data-growth expectations.

It is a suitable candidate for investors who want to invest in data-infrastructure real estate. For broad general real-estate exposure, products like VNQ and REET can be compared, and for digital-infrastructure concentration, this product should be considered alongside them when making a selection.

Exposure to data-growth beneficiaries and digital infrastructure is a strength, while thematic and holdings concentration along with interest-rate sensitivity are factors to consider.

For a different way to gain exposure to data centers and digital infrastructure, direct substitutes include IDGT, and for another data-center real-estate product, options like DTCR are also worth comparing. For broad real-estate exposure, products like VNQ can also be reviewed. The three products shown in the table—REET, RWO, and VNQI—are all general REIT ETFs that invest across global real estate and differ in their degree of digital-infrastructure concentration. This ETF differentiates itself through its narrower exposure to data-center and communication-tower digital infrastructure.

Points to check before investing in SRVR. The data-growth beneficiary case is attractive, but thematic and holdings concentration, interest-rate sensitivity, and theme dependence need to be reviewed in advance. It is also a good idea to compare it with general real-estate and data-center products.

A slowdown in data demand, rising interest rates, and thematic concentration are the main drivers of short-term performance, and concentration in a limited number of data-center and communication-tower names can lead to large drawdowns during market sell-offs. Due to its theme-dependent nature, performance is heavily driven by shifts in data-growth expectations.

It is a suitable candidate for investors who want to invest in data-infrastructure real estate. For broad general real-estate exposure, products like VNQ and REET can be compared, and for digital-infrastructure concentration, this product should be considered alongside them when making a selection.