Pacer Data And Digital Revolution ETF: Another Copycat ETF, No Interest

Sungarden Investment PublishingInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryTRFK is a fairly new ETF, but its approach is not new at all. It correlates very highly with the broader tech sector.There are plenty of existing ETFs that do what this one aims to. That is not a Pacer ETFs issue but an industry one.I don't like the tech sector in any form currently, so TRFK gets a sell rating. I'd opt for XLK over it once I have a better tech outlook.I do much more than just articles at Sungarden Investors Club: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » halbergman/iStock via Getty Images The ticker symbol for the Pacer Data and Digital Revolution ETF (TRFK) is, to me, more about "traffic" than "terrific." I say that tongue-in-cheek, but there's a serious point to be made. And it's not just about this ETF. It's about the industry, broadly.This article was written bySungarden Investment Publishing10.74K FollowersFollowI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden Investors Club, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and I spent decades an an investment advisor and fund manager before semi-retiring in 2020. Now, this investing group is my focus. The markets tells us a story…we just have to listen! I teach subscribers how to do that.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.