FVAL vs. SZNE ETF Comparison

Comparison of Fidelity Value Factor ETF (FVAL) to Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE)

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.26

Average Daily Volume

81,569

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.91

Average Daily Volume

3,448

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	FVAL	SZNE
30 Days	3.33%	2.64%
60 Days	5.59%	0.15%
90 Days	6.82%	0.62%
12 Months	28.35%	17.34%

44 Overlapping Holdings

Symbol	Grade	Weight in FVAL	Weight in SZNE	Overlap
AAPL	C	6.68%	0.34%	0.34%
ACN	C	1.15%	0.35%	0.35%
ADP	B	0.64%	0.33%	0.33%
AMZN	C	3.88%	0.52%	0.52%
BKNG	A	0.87%	0.59%	0.59%
CAT	B	0.77%	0.34%	0.34%
CF	B	0.18%	0.91%	0.18%
CMI	A	0.52%	0.35%	0.35%
CRM	B	1.46%	0.45%	0.45%
CTSH	B	0.76%	0.36%	0.36%
DAL	C	0.64%	0.42%	0.42%
DE	A	0.59%	0.29%	0.29%
DOW	F	0.16%	0.77%	0.16%
EBAY	D	0.51%	0.45%	0.45%
EXPE	B	0.66%	0.63%	0.63%
F	C	0.51%	0.49%	0.49%
FCX	D	0.24%	0.87%	0.24%
FDX	B	0.48%	0.3%	0.3%
GM	B	0.67%	0.58%	0.58%
HD	A	1.22%	0.5%	0.5%
HON	B	0.68%	0.34%	0.34%
HPE	B	0.81%	0.43%	0.43%
IBM	C	1.09%	0.33%	0.33%
INTC	D	0.77%	0.41%	0.41%
LIN	D	0.53%	0.83%	0.53%
LMT	D	0.56%	0.29%	0.29%
LVS	C	0.55%	0.57%	0.55%
LYB	F	0.15%	0.77%	0.15%
MCD	D	0.84%	0.47%	0.47%
MMM	D	0.5%	0.29%	0.29%
MOS	F	0.13%	0.84%	0.13%
MSFT	F	6.37%	0.33%	0.33%
MU	D	0.85%	0.38%	0.38%
NEM	D	0.19%	0.66%	0.19%
NUE	C	0.19%	0.92%	0.19%
NVDA	C	7.33%	0.42%	0.42%
PCAR	B	0.53%	0.37%	0.37%
QCOM	F	1.0%	0.33%	0.33%
STLD	B	0.18%	1.1%	0.18%
SWKS	F	0.56%	0.29%	0.29%
UAL	A	0.84%	0.53%	0.53%
UNP	C	0.61%	0.29%	0.29%
UPS	C	0.55%	0.3%	0.3%
WYNN	D	0.5%	0.51%	0.5%

FVAL Overweight 80 Positions Relative to SZNE

Symbol	Grade	Weight
GOOGL	C	3.72%
META	D	2.55%
BRK.A	B	2.07%
JPM	A	1.84%
UNH	C	1.69%
V	A	1.44%
JNJ	D	1.31%
XOM	B	1.14%
BAC	A	1.13%
ABBV	D	1.11%
WFC	A	1.08%
PG	A	1.08%
WMT	A	1.07%
MRK	F	1.01%
BMY	B	0.98%
ZM	B	0.98%
GILD	C	0.97%
AXP	A	0.83%
CI	F	0.81%
C	A	0.74%
COF	B	0.72%
CVS	D	0.71%
TRV	B	0.68%
DFS	B	0.68%
SYF	B	0.67%
ELV	F	0.67%
CVX	A	0.67%
T	A	0.62%
CMCSA	B	0.61%
VZ	C	0.61%
RPRX	D	0.61%
JXN	C	0.56%
PRU	A	0.56%
MO	A	0.55%
CNC	D	0.54%
RNR	C	0.54%
KVUE	A	0.52%
OZK	B	0.51%
EG	C	0.5%
G	B	0.49%
TGT	F	0.48%
NEE	D	0.46%
RHI	B	0.44%
KR	B	0.43%
OC	A	0.42%
KMB	D	0.41%
COP	C	0.4%
M	D	0.39%
AGCO	D	0.38%
ADM	D	0.35%
ACI	C	0.34%
DUK	C	0.34%
PLD	D	0.32%
BG	F	0.32%
EOG	A	0.31%
PCG	A	0.29%
PARA	C	0.28%
SPG	B	0.27%
EXC	C	0.26%
ATKR	C	0.26%
NRG	B	0.26%
AEP	D	0.26%
PSA	D	0.25%
MPC	D	0.24%
O	D	0.23%
CBRE	B	0.23%
VLO	C	0.22%
NFG	A	0.2%
VICI	C	0.2%
BXP	D	0.18%
DVN	F	0.18%
UGI	A	0.18%
HST	C	0.17%
JLL	D	0.17%
WPC	D	0.16%
ARE	D	0.16%
GLPI	C	0.16%
CIVI	D	0.13%
MUR	D	0.13%
CLF	F	0.11%

FVAL Underweight 179 Positions Relative to SZNE

Symbol	Grade	Weight
VMC	B	-1.04%
IP	B	-1.01%
MLM	B	-1.0%
ALB	C	-1.0%
SW	A	-0.97%
PKG	A	-0.97%
APD	A	-0.94%
SHW	A	-0.87%
CTVA	C	-0.86%
DD	D	-0.86%
ECL	D	-0.84%
EMN	D	-0.83%
PPG	F	-0.82%
AVY	D	-0.79%
AMCR	D	-0.79%
BALL	D	-0.78%
FMC	D	-0.75%
IFF	D	-0.74%
CCL	B	-0.67%
NCLH	B	-0.67%
TSLA	B	-0.66%
RCL	A	-0.66%
MAR	B	-0.58%
GRMN	B	-0.58%
PLTR	B	-0.57%
TPR	B	-0.56%
LULU	C	-0.56%
RL	B	-0.55%
HLT	A	-0.54%
CE	F	-0.53%
ABNB	C	-0.53%
DECK	A	-0.53%
DPZ	C	-0.51%
BWA	D	-0.51%
ORLY	B	-0.51%
LOW	D	-0.5%
CMG	B	-0.5%
DRI	B	-0.49%
AZO	C	-0.48%
TJX	A	-0.47%
YUM	B	-0.47%
SBUX	A	-0.47%
MGM	D	-0.47%
ULTA	F	-0.47%
POOL	C	-0.47%
CZR	F	-0.47%
KMX	B	-0.46%
TSCO	D	-0.46%
AXON	A	-0.46%
CRWD	B	-0.45%
FTNT	C	-0.45%
NVR	D	-0.45%
NKE	D	-0.45%
LKQ	D	-0.44%
FICO	B	-0.43%
BBY	D	-0.43%
GEV	B	-0.43%
PHM	D	-0.43%
HAS	D	-0.43%
TRMB	B	-0.43%
GDDY	A	-0.42%
LEN	D	-0.42%
GPC	D	-0.42%
JBL	B	-0.42%
ROST	C	-0.42%
MHK	D	-0.42%
GNRC	B	-0.41%
ZBRA	B	-0.41%
EPAM	C	-0.41%
DAY	B	-0.4%
CSCO	B	-0.4%
DELL	C	-0.4%
NOW	A	-0.4%
PAYC	B	-0.4%
TDY	B	-0.39%
MSI	B	-0.39%
DHI	D	-0.39%
GEN	B	-0.39%
PANW	C	-0.39%
ADSK	A	-0.39%
ORCL	B	-0.39%
FFIV	B	-0.39%
HPQ	B	-0.38%
ANET	C	-0.38%
CDNS	B	-0.38%
PTC	A	-0.38%
APH	A	-0.38%
APTV	D	-0.38%
SNPS	B	-0.38%
LDOS	C	-0.38%
GLW	B	-0.38%
SNA	A	-0.38%
ANSS	B	-0.37%
J	F	-0.37%
EMR	A	-0.37%
AVGO	D	-0.36%
FAST	B	-0.36%
TYL	B	-0.36%
PWR	A	-0.36%
ETN	A	-0.36%
TXN	C	-0.36%
GWW	B	-0.36%
KEYS	A	-0.36%
PH	A	-0.36%
INTU	C	-0.36%
IT	C	-0.36%
AME	A	-0.35%
NTAP	C	-0.35%
JCI	C	-0.35%
WAB	B	-0.35%
URI	B	-0.35%
ODFL	B	-0.35%
HWM	A	-0.35%
JNPR	F	-0.34%
JBHT	C	-0.34%
HUBB	B	-0.34%
PNR	A	-0.34%
LHX	C	-0.34%
VRSN	F	-0.34%
CPRT	A	-0.34%
IEX	B	-0.34%
ROP	B	-0.34%
IR	B	-0.34%
DOV	A	-0.33%
PAYX	C	-0.33%
ADI	D	-0.33%
ON	D	-0.33%
NXPI	D	-0.33%
STX	D	-0.33%
LRCX	F	-0.33%
TT	A	-0.33%
WDC	D	-0.33%
LUV	C	-0.33%
AMAT	F	-0.33%
ADBE	C	-0.33%
VRSK	A	-0.32%
OTIS	C	-0.32%
AMD	F	-0.32%
BR	A	-0.32%
ITW	B	-0.32%
CSX	B	-0.32%
NSC	B	-0.32%
CHRW	C	-0.32%
CTAS	B	-0.32%
WM	A	-0.32%
GE	D	-0.31%
GD	F	-0.31%
RSG	A	-0.31%
NOC	D	-0.31%
KLAC	D	-0.31%
AKAM	D	-0.31%
RTX	C	-0.31%
ROK	B	-0.31%
TXT	D	-0.3%
TDG	D	-0.3%
ALLE	D	-0.3%
ROL	B	-0.3%
FTV	C	-0.3%
NDSN	B	-0.3%
BLDR	D	-0.29%
MCHP	D	-0.29%
CDW	F	-0.29%
CARR	D	-0.29%
MAS	D	-0.29%
UBER	D	-0.29%
EXPD	D	-0.29%
BA	F	-0.28%
TER	D	-0.28%
VLTO	D	-0.28%
XYL	D	-0.28%
FSLR	F	-0.27%
AOS	F	-0.27%
SWK	D	-0.26%
EFX	F	-0.26%
HII	D	-0.24%
MPWR	F	-0.24%
QRVO	F	-0.21%
ENPH	F	-0.18%
SMCI	F	-0.16%