GLBL vs. FDLO ETF Comparison

Comparison of Pacer MSCI World Industry Advantage ETF (GLBL) to Fidelity Low Volatility Factor ETF (FDLO)

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	GLBL	FDLO
30 Days	3.25%	0.81%
60 Days	4.07%	1.49%
90 Days		4.05%
12 Months		21.68%

44 Overlapping Holdings

Symbol	Grade	Weight in GLBL	Weight in FDLO	Overlap
AAPL	C	4.65%	7.26%	4.65%
ABT	B	0.62%	0.9%	0.62%
ACN	C	0.69%	1.6%	0.69%
AKAM	D	0.04%	1.03%	0.04%
AMH	D	0.04%	0.16%	0.04%
AMT	D	0.27%	0.29%	0.27%
AMZN	C	5.62%	3.92%	3.92%
BDX	F	0.22%	0.6%	0.22%
BRK.A	B	1.98%	2.13%	1.98%
CBOE	B	0.05%	0.55%	0.05%
CCI	D	0.14%	0.21%	0.14%
CMCSA	B	0.54%	0.95%	0.54%
CME	A	0.27%	0.69%	0.27%
CSCO	B	0.74%	1.77%	0.74%
DLR	B	0.17%	0.26%	0.17%
EA	A	0.11%	0.72%	0.11%
ELS	C	0.03%	0.16%	0.03%
EQIX	A	0.21%	0.31%	0.21%
EQR	B	0.09%	0.18%	0.09%
FDS	B	0.06%	0.59%	0.06%
GOOGL	C	3.27%	4.12%	3.27%
HD	A	1.25%	1.19%	1.19%
IBM	C	0.59%	1.54%	0.59%
JKHY	D	0.04%	0.51%	0.04%
LOW	D	0.51%	0.71%	0.51%
MA	C	1.35%	1.34%	1.34%
MAA	B	0.08%	0.18%	0.08%
MCD	D	0.7%	0.8%	0.7%
MSFT	F	4.69%	6.93%	4.69%
MSI	B	0.23%	1.49%	0.23%
O	D	0.16%	0.22%	0.16%
ORCL	B	0.98%	2.01%	0.98%
ORLY	B	0.29%	0.53%	0.29%
PSA	D	0.16%	0.25%	0.16%
ROP	B	0.2%	1.21%	0.2%
SBUX	A	0.35%	0.7%	0.35%
TJX	A	0.43%	0.65%	0.43%
TSCO	D	0.07%	0.46%	0.07%
TXN	C	0.58%	1.48%	0.58%
TYL	B	0.14%	1.19%	0.14%
UNH	C	1.71%	1.55%	1.55%
V	A	1.52%	1.47%	1.47%
VRSN	F	0.04%	1.08%	0.04%
WMT	A	1.18%	0.95%	0.95%

GLBL Overweight 236 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	C	5.39%
META	D	3.94%
GOOG	C	2.84%
AVGO	D	2.4%
COST	B	1.31%
NFLX	A	1.17%
CRM	B	1.04%
ADBE	C	0.75%
NOW	A	0.74%
AMD	F	0.69%
DIS	B	0.58%
INTU	C	0.58%
ISRG	A	0.57%
GS	A	0.56%
QCOM	F	0.56%
TM	D	0.55%
AXP	A	0.54%
MS	A	0.5%
SPGI	C	0.48%
BLK	C	0.48%
AMAT	F	0.47%
MELI	D	0.45%
UL	D	0.44%
SYK	C	0.41%
BSX	B	0.4%
FI	A	0.4%
PANW	C	0.38%
BX	A	0.38%
PLTR	B	0.38%
SCHW	B	0.37%
LRCX	F	0.35%
ADI	D	0.35%
MDT	D	0.35%
MU	D	0.35%
INTC	D	0.33%
PLD	D	0.33%
ANET	C	0.32%
CI	F	0.31%
KLAC	D	0.3%
TD	F	0.3%
KKR	A	0.29%
CDNS	B	0.29%
ELV	F	0.29%
ICE	C	0.29%
MCK	B	0.29%
PYPL	B	0.27%
APH	A	0.27%
SNPS	B	0.26%
HCA	F	0.25%
CMG	B	0.25%
WELL	A	0.25%
CRWD	B	0.24%
MRVL	B	0.23%
CVS	D	0.22%
COF	B	0.22%
TGT	F	0.22%
ADSK	A	0.22%
MCO	B	0.22%
FTNT	C	0.21%
AMP	A	0.2%
APP	B	0.2%
COIN	C	0.2%
MAR	B	0.2%
ABNB	C	0.19%
APO	B	0.19%
WDAY	B	0.19%
HLT	A	0.18%
TTD	B	0.18%
BK	A	0.18%
CNI	D	0.18%
NXPI	D	0.18%
SPG	B	0.17%
HUBS	A	0.16%
DASH	A	0.16%
RCL	A	0.16%
FIS	C	0.15%
MSTR	C	0.15%
CTSH	B	0.14%
HUM	C	0.14%
SQ	B	0.14%
MPWR	F	0.14%
MSCI	C	0.14%
KR	B	0.13%
SYY	B	0.13%
DELL	C	0.13%
YUM	B	0.13%
IT	C	0.13%
ROST	C	0.13%
EXR	D	0.12%
COR	B	0.12%
HMC	F	0.12%
GEHC	F	0.12%
TEAM	A	0.12%
DDOG	A	0.12%
GLW	B	0.12%
SNOW	C	0.12%
DFS	B	0.12%
EW	C	0.12%
IRM	D	0.11%
MCHP	D	0.11%
AVB	B	0.11%
VEEV	C	0.11%
RMD	C	0.11%
HPQ	B	0.11%
NDAQ	A	0.11%
RJF	A	0.11%
CHTR	C	0.1%
CNC	D	0.1%
ON	D	0.1%
IDXX	F	0.1%
EBAY	D	0.1%
VICI	C	0.1%
DXCM	D	0.09%
TTWO	A	0.09%
CPAY	A	0.09%
HPE	B	0.09%
CDW	F	0.09%
CAH	B	0.09%
NET	B	0.09%
GDDY	A	0.09%
STT	A	0.09%
ULTA	F	0.09%
PTC	A	0.09%
ZBRA	B	0.09%
NTRS	A	0.08%
VTR	C	0.08%
SYF	B	0.08%
ZBH	C	0.08%
ARES	A	0.08%
DRI	B	0.08%
ANSS	B	0.08%
GPN	B	0.08%
TROW	B	0.08%
NTAP	C	0.08%
EXPE	B	0.08%
MANH	D	0.07%
STX	D	0.07%
MDB	C	0.07%
WBD	C	0.07%
ESS	B	0.07%
WY	D	0.07%
MOH	F	0.07%
OMC	C	0.07%
KEYS	A	0.07%
LPLA	A	0.07%
RBLX	C	0.07%
CCL	B	0.07%
HOLX	D	0.06%
PINS	D	0.06%
TDY	B	0.06%
DOCU	A	0.06%
LH	C	0.06%
FFIV	B	0.06%
LVS	C	0.06%
GPC	D	0.06%
EPAM	C	0.06%
WDC	D	0.06%
DKNG	B	0.06%
SUI	D	0.06%
LYV	A	0.06%
TW	A	0.06%
ZM	B	0.06%
WSM	B	0.06%
BURL	A	0.06%
PODD	C	0.06%
INVH	D	0.06%
BBY	D	0.06%
TFX	F	0.05%
DOC	D	0.05%
DLTR	F	0.05%
GLPI	C	0.05%
DKS	C	0.05%
PSTG	D	0.05%
TOST	B	0.05%
TWLO	A	0.05%
UHS	D	0.05%
SMCI	F	0.05%
ENTG	D	0.05%
ZS	C	0.05%
TER	D	0.05%
GEN	B	0.05%
DT	C	0.05%
ALGN	D	0.05%
ARE	D	0.05%
TRMB	B	0.05%
SBAC	D	0.05%
DPZ	C	0.05%
STE	F	0.05%
KIM	A	0.05%
HOOD	B	0.05%
BAX	D	0.05%
DG	F	0.05%
ROKU	D	0.04%
JNPR	F	0.04%
CG	A	0.04%
LKQ	D	0.04%
KMX	B	0.04%
SNAP	C	0.04%
OKTA	C	0.04%
DVA	B	0.04%
IOT	A	0.04%
BXP	D	0.04%
H	B	0.04%
DGX	A	0.04%
HST	C	0.04%
WPC	D	0.04%
SWKS	F	0.04%
POOL	C	0.04%
UDR	B	0.04%
FSLR	F	0.04%
EQH	B	0.04%
MGM	D	0.03%
ENPH	F	0.03%
CRBG	B	0.03%
CPT	B	0.03%
JBL	B	0.03%
MKTX	D	0.03%
HSIC	B	0.03%
FOXA	B	0.03%
SOLV	C	0.03%
NWSA	B	0.03%
IPG	D	0.03%
ALLY	C	0.03%
REG	B	0.03%
QRVO	F	0.02%
SEIC	B	0.02%
WYNN	D	0.02%
BEN	C	0.02%
FOX	A	0.02%
PARA	C	0.02%
WBA	F	0.02%
AGCO	D	0.02%
MTCH	D	0.02%
BBWI	D	0.02%
ACI	C	0.02%
BSY	D	0.02%

GLBL Underweight 81 Positions Relative to FDLO

Symbol	Grade	Weight
JPM	A	-1.89%
LLY	F	-1.57%
JNJ	D	-1.18%
XOM	B	-1.17%
DOX	D	-1.08%
PG	A	-0.99%
T	A	-0.99%
ABBV	D	-0.98%
TMUS	B	-0.97%
VZ	C	-0.93%
MRK	F	-0.88%
PGR	A	-0.84%
TMO	F	-0.78%
CB	C	-0.72%
ETN	A	-0.72%
AMGN	D	-0.71%
HON	B	-0.7%
VRTX	F	-0.69%
CVX	A	-0.69%
TRV	B	-0.69%
MMC	B	-0.67%
ADP	B	-0.66%
KO	D	-0.66%
UNP	C	-0.63%
PEP	F	-0.62%
PM	B	-0.62%
AJG	B	-0.61%
AIZ	A	-0.61%
LMT	D	-0.58%
ITW	B	-0.56%
WRB	A	-0.56%
NKE	D	-0.56%
WM	A	-0.55%
FAST	B	-0.54%
LIN	D	-0.53%
PAYX	C	-0.51%
GRMN	B	-0.51%
REGN	F	-0.5%
NOC	D	-0.5%
GD	F	-0.49%
LHX	C	-0.49%
OTIS	C	-0.47%
AZO	C	-0.47%
RSG	A	-0.47%
ERIE	D	-0.45%
BAH	F	-0.43%
COP	C	-0.41%
J	F	-0.39%
SO	D	-0.37%
MDLZ	F	-0.37%
CL	D	-0.35%
DUK	C	-0.35%
WMB	A	-0.34%
FCN	D	-0.34%
EOG	A	-0.32%
XEL	A	-0.3%
SHW	A	-0.3%
KMB	D	-0.3%
KMI	A	-0.3%
HII	D	-0.29%
GIS	D	-0.28%
LNG	B	-0.28%
AEP	D	-0.28%
WEC	A	-0.27%
APD	A	-0.27%
AEE	A	-0.26%
ED	D	-0.25%
CMS	C	-0.24%
HSY	F	-0.24%
ECL	D	-0.24%
DTM	B	-0.23%
VMC	B	-0.2%
CTVA	C	-0.2%
PKG	A	-0.19%
MLM	B	-0.19%
CTRA	B	-0.19%
CSGP	D	-0.18%
ADC	B	-0.16%
ATR	B	-0.16%
AMCR	D	-0.15%
AVY	D	-0.14%