PALC vs. FELC ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to Fidelity Enhanced Large Cap Core ETF (FELC)

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

$52.61

Average Daily Volume

18,746

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

FELC

Fidelity Enhanced Large Cap Core ETF

FELC Description

The fund will normally invest at least 80% of assets in common stocks included in the S&P 500® Index, which is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.68

Average Daily Volume

586,324

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	PALC	FELC
30 Days	5.20%	3.85%
60 Days	6.43%	5.58%
90 Days	8.81%	7.67%
12 Months	37.04%	34.21%

58 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in FELC	Overlap
ABT	B	0.47%	0.56%	0.47%
ADP	A	0.54%	0.2%	0.2%
AES	F	0.11%	0.01%	0.01%
AMGN	F	1.59%	0.33%	0.33%
AMT	D	0.88%	0.24%	0.24%
AON	A	1.04%	0.35%	0.35%
BAC	A	1.98%	1.2%	1.2%
BIIB	F	0.14%	0.1%	0.1%
BK	A	0.8%	0.11%	0.11%
BKNG	A	1.26%	0.13%	0.13%
BRK.A	B	0.64%	2.25%	0.64%
C	B	1.0%	0.02%	0.02%
CAH	B	0.25%	0.31%	0.25%
CCL	B	0.12%	0.26%	0.12%
CL	D	0.6%	0.47%	0.47%
CME	A	0.51%	0.5%	0.5%
CSX	B	0.41%	0.54%	0.41%
CTAS	A	0.47%	0.69%	0.47%
CVX	A	0.46%	0.01%	0.01%
ECL	D	0.44%	0.63%	0.44%
ED	C	0.5%	0.15%	0.15%
F	C	0.25%	0.11%	0.11%
FTNT	B	0.55%	0.15%	0.15%
GS	A	1.95%	0.15%	0.15%
JNJ	D	0.54%	0.74%	0.54%
JPM	B	2.69%	1.94%	1.94%
LDOS	D	0.36%	0.24%	0.24%
LHX	C	0.75%	0.21%	0.21%
LMT	D	0.52%	0.71%	0.52%
MA	A	0.54%	1.36%	0.54%
MCK	B	0.74%	0.06%	0.06%
MGM	F	0.08%	0.3%	0.08%
MMC	A	0.57%	0.29%	0.29%
MS	C	1.34%	0.31%	0.31%
MSCI	B	0.62%	0.33%	0.33%
MSI	B	0.53%	0.5%	0.5%
NEE	D	0.93%	0.84%	0.84%
NOC	D	0.46%	0.6%	0.46%
ORCL	B	2.1%	0.05%	0.05%
PEP	F	0.51%	0.05%	0.05%
PFE	D	0.86%	0.42%	0.42%
PG	A	0.6%	0.72%	0.6%
PM	A	2.45%	0.94%	0.94%
PPG	D	0.45%	0.3%	0.3%
RSG	A	0.61%	0.24%	0.24%
RTX	D	0.49%	0.7%	0.49%
SPG	A	0.35%	0.59%	0.35%
SPGI	B	0.5%	0.31%	0.31%
SYK	B	0.47%	0.03%	0.03%
TJX	A	0.51%	0.59%	0.51%
TMUS	A	0.57%	0.31%	0.31%
TSLA	B	4.13%	1.31%	1.31%
UNP	C	0.45%	0.76%	0.45%
V	A	0.53%	0.82%	0.53%
WFC	A	1.42%	0.1%	0.1%
WM	A	0.48%	0.32%	0.32%
WMT	A	0.47%	1.14%	0.47%
WTW	A	0.49%	0.14%	0.14%

PALC Overweight 122 Positions Relative to FELC

Symbol	Grade	Weight
MCD	D	2.73%
LOW	C	1.5%
MO	A	1.38%
SBUX	B	1.11%
ORLY	A	1.1%
OKE	B	1.02%
HLT	A	1.0%
YUM	B	0.9%
OTIS	C	0.84%
TDG	D	0.77%
BA	F	0.73%
PCG	A	0.7%
KO	D	0.68%
EIX	A	0.67%
HCA	F	0.66%
FE	D	0.64%
MAR	A	0.64%
NI	A	0.64%
CMS	B	0.62%
VRSN	C	0.62%
ATO	A	0.6%
VRTX	D	0.59%
L	A	0.56%
FICO	A	0.56%
AZO	B	0.54%
HON	B	0.54%
FI	A	0.54%
PPL	A	0.54%
BSX	B	0.53%
ITW	A	0.53%
KMI	B	0.53%
DUK	C	0.53%
CHD	B	0.53%
LIN	D	0.53%
LNT	A	0.52%
EVRG	A	0.51%
ICE	D	0.51%
EA	B	0.51%
PEG	A	0.51%
GD	F	0.5%
SRE	B	0.5%
KMB	C	0.49%
KDP	D	0.49%
WMB	B	0.49%
CB	C	0.49%
SO	C	0.49%
MDLZ	F	0.49%
BR	A	0.48%
WEC	A	0.48%
ROP	B	0.48%
COR	A	0.48%
HOLX	D	0.47%
STZ	F	0.47%
REG	A	0.46%
VICI	C	0.46%
O	D	0.46%
NDAQ	A	0.46%
WELL	A	0.46%
AJG	A	0.46%
AEP	C	0.45%
AVB	A	0.45%
DTE	C	0.45%
AMP	A	0.45%
BRO	A	0.45%
AVY	D	0.45%
JKHY	D	0.44%
APD	A	0.44%
LYB	F	0.44%
FRT	A	0.44%
GIS	D	0.44%
PNW	A	0.44%
PKG	A	0.44%
HIG	A	0.44%
PAYX	B	0.43%
SYY	C	0.43%
MDT	D	0.43%
NEM	F	0.41%
TFC	B	0.34%
CPRT	A	0.33%
CCI	D	0.33%
SBAC	D	0.31%
HPQ	B	0.3%
CHTR	B	0.28%
RCL	A	0.26%
MET	A	0.26%
TRGP	B	0.24%
TTWO	A	0.24%
AME	A	0.24%
RMD	C	0.23%
XYL	D	0.23%
LYV	B	0.21%
MTD	D	0.21%
STT	A	0.18%
UAL	B	0.16%
MAS	D	0.16%
HUBB	B	0.15%
DPZ	B	0.14%
WAT	A	0.14%
VTR	C	0.14%
EQT	B	0.14%
TRMB	B	0.13%
STX	D	0.13%
ES	D	0.12%
PTC	A	0.12%
KEY	B	0.11%
NTRS	A	0.11%
EL	F	0.1%
NDSN	B	0.1%
AKAM	D	0.09%
ALB	C	0.09%
WYNN	D	0.09%
MTCH	D	0.08%
BXP	C	0.08%
KMX	B	0.07%
LW	C	0.07%
NCLH	B	0.06%
TECH	C	0.06%
HSIC	B	0.06%
LKQ	D	0.06%
CZR	D	0.05%
CTLT	B	0.05%
FMC	D	0.04%

PALC Underweight 112 Positions Relative to FELC

Symbol	Grade	Weight
NVDA	C	-7.39%
AAPL	A	-7.38%
MSFT	C	-5.68%
AMZN	B	-3.93%
META	D	-2.89%
GOOGL	C	-2.05%
GOOG	C	-1.9%
AVGO	D	-1.72%
XOM	C	-1.56%
NFLX	B	-1.3%
HD	B	-1.29%
CRM	B	-1.15%
ABBV	D	-1.02%
MRK	D	-0.99%
ADBE	C	-0.94%
QCOM	F	-0.88%
CMCSA	C	-0.86%
SCHW	A	-0.8%
LLY	D	-0.76%
BMY	B	-0.75%
GILD	B	-0.74%
PGR	A	-0.74%
T	A	-0.73%
AMAT	F	-0.68%
MU	D	-0.66%
CSCO	A	-0.66%
DIS	B	-0.65%
KLAC	D	-0.63%
CI	D	-0.63%
BDX	F	-0.62%
SQ	C	-0.58%
UNH	B	-0.57%
CAT	B	-0.57%
CVNA	B	-0.55%
NOW	A	-0.55%
EOG	C	-0.54%
DVN	F	-0.53%
PCAR	B	-0.52%
TXT	D	-0.52%
DBX	C	-0.52%
TT	A	-0.52%
ZM	B	-0.51%
IGT	F	-0.46%
EXEL	A	-0.45%
LRCX	D	-0.44%
TRV	B	-0.43%
ANF	C	-0.42%
CACI	D	-0.4%
GE	C	-0.39%
SSNC	A	-0.38%
NSC	A	-0.38%
TDC	D	-0.37%
CMG	B	-0.35%
PYPL	B	-0.34%
TMO	F	-0.33%
ALLE	D	-0.33%
COST	A	-0.31%
AXP	A	-0.31%
TROW	A	-0.31%
SEIC	A	-0.3%
INCY	B	-0.28%
CVS	D	-0.25%
SKYW	A	-0.23%
GAP	C	-0.22%
GRMN	B	-0.22%
IDXX	F	-0.22%
LYFT	C	-0.21%
GL	C	-0.21%
MEDP	D	-0.21%
ALRM	C	-0.2%
NUE	D	-0.2%
OXY	F	-0.19%
DASH	A	-0.18%
WDAY	C	-0.16%
UBER	D	-0.14%
MMM	C	-0.13%
TWLO	B	-0.13%
UNM	A	-0.12%
PNC	A	-0.12%
VST	B	-0.12%
QRVO	F	-0.12%
NBIX	C	-0.11%
NRG	B	-0.11%
CLX	C	-0.11%
ANET	C	-0.11%
BLD	D	-0.11%
LNW	D	-0.11%
BBWI	C	-0.11%
PEGA	A	-0.1%
HWM	B	-0.1%
PSA	C	-0.09%
SOLV	C	-0.09%
VEEV	B	-0.08%
MKL	A	-0.08%
FR	D	-0.08%
ZBRA	A	-0.06%
DHI	D	-0.06%
STLD	B	-0.06%
VZ	B	-0.06%
AXTA	B	-0.05%
SCCO	F	-0.05%
PLTK	B	-0.04%
ROST	C	-0.04%
GEHC	F	-0.04%
KR	A	-0.03%
SWKS	D	-0.03%
A	D	-0.03%
CRUS	D	-0.03%
LPLA	A	-0.03%
GPN	C	-0.02%
DOCU	B	-0.02%
WBD	C	-0.01%