PALC vs. ECLN ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to First Trust EIP Carbon Impact ETF (ECLN)

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

ECLN

First Trust EIP Carbon Impact ETF

ECLN Description

The investment seeks to achieve a competitive risk-adjusted total return balanced between dividends and capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in the equity securities of companies identified by the fund's investment sub-advisor as having or seeking to have a positive carbon impact. Its investments will be concentrated in the industries constituting the energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.91

Average Daily Volume

6,963

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PALC	ECLN
30 Days	4.42%	5.02%
60 Days	6.04%	6.04%
90 Days	8.35%	11.17%
12 Months	36.24%	32.70%

16 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in ECLN	Overlap
AES	F	0.12%	2.31%	0.12%
ATO	A	0.55%	2.03%	0.55%
CMS	C	0.55%	1.56%	0.55%
DUK	C	0.47%	3.37%	0.47%
EIX	B	0.18%	0.18%	0.18%
ETR	B	0.54%	2.83%	0.54%
EVRG	A	0.44%	2.49%	0.44%
LNT	A	0.45%	1.51%	0.45%
NEE	D	0.92%	0.45%	0.45%
PEG	A	0.47%	3.13%	0.47%
PPL	B	0.48%	3.53%	0.48%
SO	D	0.45%	0.93%	0.45%
SRE	A	0.49%	3.46%	0.49%
TRGP	B	0.23%	2.29%	0.23%
WEC	A	0.45%	1.99%	0.45%
WMB	A	0.59%	2.16%	0.59%

PALC Overweight 165 Positions Relative to ECLN

Symbol	Grade	Weight
TSLA	B	3.78%
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%
MCK	B	1.17%
SBUX	A	1.13%
OKE	A	1.07%
HLT	A	1.04%
AON	A	1.03%
C	A	1.01%
PFE	D	0.9%
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%
WMT	A	0.59%
MA	C	0.58%
HON	B	0.58%
FTNT	C	0.57%
FICO	B	0.57%
KO	D	0.56%
MMC	B	0.56%
MSI	B	0.56%
AZO	C	0.55%
CSCO	B	0.55%
ITW	B	0.55%
TJX	A	0.55%
FE	C	0.54%
PG	A	0.54%
IEX	B	0.53%
ROP	B	0.53%
ADP	B	0.52%
CB	C	0.51%
PKG	A	0.51%
CME	A	0.51%
LIN	D	0.51%
HIG	B	0.5%
ICE	C	0.5%
PRU	A	0.5%
JNJ	D	0.49%
COR	B	0.49%
PFG	D	0.49%
EA	A	0.49%
WM	A	0.49%
PAYX	C	0.49%
CTAS	B	0.49%
CL	D	0.49%
CSX	B	0.48%
WELL	A	0.48%
CHD	B	0.48%
COST	B	0.48%
DRI	B	0.48%
AJG	B	0.47%
AIG	B	0.47%
OMC	C	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%
ABT	B	0.45%
AVB	B	0.45%
PEP	F	0.45%
LH	C	0.45%
STZ	D	0.44%
ECL	D	0.44%
DGX	A	0.44%
MDT	D	0.44%
LMT	D	0.44%
PPG	F	0.43%
MDLZ	F	0.43%
KDP	D	0.42%
ED	D	0.42%
KMB	D	0.42%
APD	A	0.42%
SYY	B	0.41%
HOLX	D	0.41%
CBOE	B	0.4%
NEM	D	0.39%
GIS	D	0.39%
ABBV	D	0.38%
LYB	F	0.37%
DOW	F	0.35%
TFC	A	0.34%
CPRT	A	0.34%
SPG	B	0.34%
CCI	D	0.33%
REGN	F	0.33%
ELV	F	0.32%
SBAC	D	0.31%
LHX	C	0.31%
HPQ	B	0.3%
CHTR	C	0.29%
CAH	B	0.26%
F	C	0.26%
RCL	A	0.25%
TTWO	A	0.24%
PCG	A	0.24%
MTD	D	0.23%
XYL	D	0.23%
RMD	C	0.22%
LYV	A	0.2%
STT	A	0.18%
MAS	D	0.17%
BIIB	F	0.15%
HUBB	B	0.15%
WAT	B	0.15%
UAL	A	0.15%
DPZ	C	0.14%
VTR	C	0.14%
PTC	A	0.13%
TRMB	B	0.13%
STX	D	0.13%
EQT	B	0.13%
ES	D	0.12%
CCL	B	0.12%
NDSN	B	0.11%
KEY	B	0.11%
NTRS	A	0.11%
EL	F	0.1%
WYNN	D	0.1%
AKAM	D	0.09%
NI	A	0.09%
MGM	D	0.08%
BXP	D	0.08%
MTCH	D	0.08%
ALB	C	0.08%
LKQ	D	0.07%
KMX	B	0.07%
LW	C	0.07%
HSIC	B	0.06%
NCLH	B	0.06%
TECH	D	0.06%
CZR	F	0.05%
CTLT	B	0.05%
FMC	D	0.04%

PALC Underweight 25 Positions Relative to ECLN

Symbol	Grade	Weight
AEP	D	-5.39%
DTM	B	-4.65%
D	C	-3.71%
XEL	A	-3.71%
DTE	C	-3.39%
VST	B	-3.13%
CQP	B	-2.95%
NFG	A	-2.92%
CWEN	C	-2.78%
AEE	A	-2.74%
OGS	A	-2.04%
PWR	A	-1.96%
FLR	B	-1.9%
IDA	A	-1.79%
J	F	-1.76%
LNG	B	-1.1%
CEG	D	-0.93%
OGE	B	-0.64%
WTRG	B	-0.62%
NEP	F	-0.59%
GNRC	B	-0.55%
CPK	A	-0.46%
CNP	B	-0.43%
AWK	D	-0.35%
NJR	A	-0.18%