PEVC was created on 2025-02-03 by Pacer. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 2.38m in AUM and 220 holdings. PEVC tracks an index that provides access to private equity (PE) buyouts and venture capital (VC) assets through shifting allocations between two sub-indices. Investments focus on US large-cap stocks, aiming to mirror the risk-return characteristics of private markets through equities, ETFs, and futures contracts.