Pacer S&P 500 Quality FCF R&D Leaders (QFRD)

The Pacer S&P 500 Quality FCF R&D Leaders ETF (ticker QFRD) is an index-based exchange-traded fund from Pacer ETFs. It selects companies from the S&P 500 that combine quality characteristics and free cash flow generation with significant investment in research and development.

The strategy aims to identify businesses that fund innovation from internally generated cash rather than relying on outside capital. The index screens and weights constituents according to its rules and is reconstituted and rebalanced periodically.

The resulting portfolio tends to lean toward sectors where R&D spending is substantial, such as technology, health care and communication services.