HLAL vs. PALC ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

PALC

Pacer Lunt Large Cap Multi-Factor Alternator ETF

PALC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. Large Cap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested 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 the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to large-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.39

Average Daily Volume

19,012

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	PALC
30 Days	2.35%	4.42%
60 Days	1.62%	6.04%
90 Days	3.31%	8.35%
12 Months	20.13%	36.24%

48 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in PALC	Overlap
ABT	B	0.9%	0.45%	0.45%
ADP	B	0.55%	0.52%	0.52%
AKAM	D	0.06%	0.09%	0.06%
ALB	C	0.06%	0.08%	0.06%
APD	A	0.33%	0.42%	0.33%
ATO	A	0.1%	0.55%	0.1%
BIIB	F	0.1%	0.15%	0.1%
CAH	B	0.13%	0.26%	0.13%
CHD	B	0.12%	0.48%	0.12%
COR	B	0.18%	0.49%	0.18%
CSCO	B	1.04%	0.55%	0.55%
CTAS	B	0.34%	0.49%	0.34%
DGX	A	0.08%	0.44%	0.08%
DOW	F	0.12%	0.35%	0.12%
EA	A	0.2%	0.49%	0.2%
EL	F	0.07%	0.1%	0.07%
HOLX	D	0.08%	0.41%	0.08%
HPQ	B	0.16%	0.3%	0.16%
HUBB	B	0.11%	0.15%	0.11%
IEX	B	0.08%	0.53%	0.08%
JNJ	D	1.65%	0.49%	0.49%
KDP	D	0.15%	0.42%	0.15%
KO	D	1.1%	0.56%	0.56%
LH	C	0.09%	0.45%	0.09%
LIN	D	0.97%	0.51%	0.51%
LKQ	D	0.04%	0.07%	0.04%
LYB	F	0.1%	0.37%	0.1%
MCK	B	0.36%	1.17%	0.36%
MDLZ	F	0.39%	0.43%	0.39%
MDT	D	0.49%	0.44%	0.44%
NEM	D	0.22%	0.39%	0.22%
OMC	C	0.09%	0.47%	0.09%
PFE	D	0.63%	0.9%	0.63%
PG	A	1.81%	0.54%	0.54%
PKG	A	0.1%	0.51%	0.1%
PPG	F	0.13%	0.43%	0.13%
PTC	A	0.1%	0.13%	0.1%
REGN	F	0.35%	0.33%	0.33%
RMD	C	0.16%	0.22%	0.16%
ROP	B	0.26%	0.53%	0.26%
TECH	D	0.05%	0.06%	0.05%
TJX	A	0.61%	0.55%	0.55%
TRMB	B	0.08%	0.13%	0.08%
TSLA	B	4.25%	3.78%	3.78%
TTWO	A	0.14%	0.24%	0.14%
UAL	A	0.03%	0.15%	0.03%
WELL	A	0.37%	0.48%	0.37%
XYL	D	0.13%	0.23%	0.13%

HLAL Overweight 150 Positions Relative to PALC

Symbol	Grade	Weight
AAPL	C	14.91%
MSFT	F	13.84%
META	D	5.55%
GOOGL	C	4.63%
GOOG	C	3.91%
XOM	B	2.42%
CRM	B	1.36%
CVX	A	1.24%
MRK	F	1.11%
AMD	F	0.99%
ADBE	C	0.98%
NOW	A	0.92%
TMO	F	0.87%
ISRG	A	0.85%
TXN	C	0.81%
QCOM	F	0.77%
DHR	F	0.67%
SYK	C	0.63%
AMAT	F	0.63%
UBER	D	0.62%
BSX	B	0.6%
COP	C	0.6%
PANW	C	0.54%
MU	D	0.49%
PLD	D	0.48%
ADI	D	0.47%
INTC	D	0.46%
UPS	C	0.43%
TT	A	0.42%
LRCX	F	0.41%
GEV	B	0.41%
NKE	D	0.4%
SNPS	B	0.37%
KLAC	D	0.37%
CDNS	B	0.37%
MRVL	B	0.35%
EMR	A	0.33%
CEG	D	0.33%
MMM	D	0.32%
ADSK	A	0.3%
BDX	F	0.29%
FDX	B	0.29%
SLB	C	0.28%
CARR	D	0.28%
PSX	C	0.25%
JCI	C	0.25%
MPC	D	0.25%
NXPI	D	0.25%
PCAR	B	0.25%
PWR	A	0.22%
DHI	D	0.22%
VRT	B	0.22%
CMI	A	0.22%
GWW	B	0.22%
ROST	C	0.21%
FAST	B	0.21%
AXON	A	0.2%
BKR	B	0.2%
VLO	C	0.2%
KVUE	A	0.2%
HES	B	0.19%
IR	B	0.19%
EW	C	0.19%
ODFL	B	0.19%
LEN	D	0.18%
CTVA	C	0.18%
LULU	C	0.17%
GEHC	F	0.17%
A	D	0.17%
IT	C	0.17%
NUE	C	0.16%
MLM	B	0.16%
GLW	B	0.16%
DELL	C	0.16%
VMC	B	0.16%
DD	D	0.15%
OXY	D	0.15%
WAB	B	0.15%
FANG	D	0.15%
IDXX	F	0.15%
EBAY	D	0.14%
GRMN	B	0.14%
ROK	B	0.14%
ON	D	0.13%
TSCO	D	0.13%
ANSS	B	0.13%
VLTO	D	0.12%
PHM	D	0.12%
FTV	C	0.12%
DOV	A	0.12%
HAL	C	0.12%
DVN	F	0.11%
TYL	B	0.11%
NTAP	C	0.11%
ADM	D	0.11%
STLD	B	0.1%
ZBH	C	0.1%
WY	D	0.1%
WST	C	0.1%
IFF	D	0.1%
MKC	D	0.09%
ZBRA	B	0.09%
FSLR	F	0.09%
STE	F	0.09%
WDC	D	0.09%
ILMN	D	0.09%
BLDR	D	0.09%
ALGN	D	0.08%
EXPD	D	0.08%
GPC	D	0.08%
BURL	A	0.08%
PNR	A	0.08%
ARE	D	0.08%
SNA	A	0.08%
PODD	C	0.08%
JBHT	C	0.07%
FLEX	A	0.07%
MRO	B	0.07%
TER	D	0.07%
ULTA	F	0.07%
CF	B	0.07%
IP	B	0.07%
ICLR	D	0.07%
BG	F	0.06%
DLTR	F	0.06%
SMCI	F	0.06%
SWK	D	0.06%
POOL	C	0.06%
REG	B	0.06%
RVTY	F	0.06%
ROL	B	0.06%
FFIV	B	0.06%
APTV	D	0.06%
DAL	C	0.05%
IPG	D	0.05%
NWSA	B	0.05%
JNPR	F	0.05%
OKTA	C	0.05%
BMRN	D	0.05%
TFX	F	0.04%
SCCO	F	0.04%
CRL	C	0.04%
WBA	F	0.03%
QRVO	F	0.03%
NWS	B	0.02%
GFS	C	0.02%
WLK	D	0.02%
LUV	C	0.02%
AGR	B	0.01%
LEN	D	0.0%

HLAL Underweight 133 Positions Relative to PALC

Symbol	Grade	Weight
JPM	A	-3.26%
MCD	D	-2.85%
PM	B	-2.49%
ORCL	B	-2.07%
BAC	A	-1.98%
GS	A	-1.96%
AMGN	D	-1.64%
LOW	D	-1.55%
WFC	A	-1.42%
MO	A	-1.39%
MS	A	-1.36%
BKNG	A	-1.25%
SBUX	A	-1.13%
OKE	A	-1.07%
HLT	A	-1.04%
AON	A	-1.03%
C	A	-1.01%
NEE	D	-0.92%
YUM	B	-0.89%
BK	A	-0.88%
OTIS	C	-0.87%
AMT	D	-0.86%
AME	A	-0.79%
MET	A	-0.77%
TDG	D	-0.76%
TMUS	B	-0.72%
BA	F	-0.7%
HCA	F	-0.69%
BRK.A	B	-0.69%
ORLY	B	-0.69%
MSCI	C	-0.65%
MAR	B	-0.65%
V	A	-0.65%
VRTX	F	-0.64%
FI	A	-0.64%
VRSN	F	-0.63%
AMP	A	-0.62%
KMI	A	-0.61%
RSG	A	-0.6%
L	A	-0.6%
WMB	A	-0.59%
WMT	A	-0.59%
MA	C	-0.58%
HON	B	-0.58%
FTNT	C	-0.57%
FICO	B	-0.57%
MMC	B	-0.56%
MSI	B	-0.56%
AZO	C	-0.55%
CMS	C	-0.55%
ITW	B	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
CB	C	-0.51%
CME	A	-0.51%
HIG	B	-0.5%
ICE	C	-0.5%
PRU	A	-0.5%
PFG	D	-0.49%
WM	A	-0.49%
PAYX	C	-0.49%
CL	D	-0.49%
SRE	A	-0.49%
CSX	B	-0.48%
COST	B	-0.48%
DRI	B	-0.48%
PPL	B	-0.48%
AJG	B	-0.47%
DUK	C	-0.47%
AIG	B	-0.47%
PEG	A	-0.47%
BRO	B	-0.47%
SPGI	C	-0.47%
AVY	D	-0.46%
BR	A	-0.46%
AFL	B	-0.46%
UNP	C	-0.46%
GD	F	-0.46%
WEC	A	-0.45%
AVB	B	-0.45%
SO	D	-0.45%
PEP	F	-0.45%
LNT	A	-0.45%
EVRG	A	-0.44%
STZ	D	-0.44%
ECL	D	-0.44%
LMT	D	-0.44%
ED	D	-0.42%
KMB	D	-0.42%
SYY	B	-0.41%
CBOE	B	-0.4%
GIS	D	-0.39%
ABBV	D	-0.38%
TFC	A	-0.34%
CPRT	A	-0.34%
SPG	B	-0.34%
CCI	D	-0.33%
ELV	F	-0.32%
SBAC	D	-0.31%
LHX	C	-0.31%
CHTR	C	-0.29%
F	C	-0.26%
RCL	A	-0.25%
PCG	A	-0.24%
TRGP	B	-0.23%
MTD	D	-0.23%
LYV	A	-0.2%
STT	A	-0.18%
EIX	B	-0.18%
MAS	D	-0.17%
WAT	B	-0.15%
DPZ	C	-0.14%
VTR	C	-0.14%
STX	D	-0.13%
EQT	B	-0.13%
AES	F	-0.12%
ES	D	-0.12%
CCL	B	-0.12%
NDSN	B	-0.11%
KEY	B	-0.11%
NTRS	A	-0.11%
WYNN	D	-0.1%
NI	A	-0.09%
MGM	D	-0.08%
BXP	D	-0.08%
MTCH	D	-0.08%
KMX	B	-0.07%
LW	C	-0.07%
HSIC	B	-0.06%
NCLH	B	-0.06%
CZR	F	-0.05%
CTLT	B	-0.05%
FMC	D	-0.04%