PALC vs. FMDE ETF Comparison

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

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

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. 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

$34.97

Average Daily Volume

149,789

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	PALC	FMDE
30 Days	4.42%	8.08%
60 Days	6.04%	9.45%
90 Days	8.35%	11.70%
12 Months	36.24%	39.69%

50 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in FMDE	Overlap
AES	F	0.12%	0.12%	0.12%
AFL	B	0.46%	0.02%	0.02%
AJG	B	0.47%	0.02%	0.02%
AKAM	D	0.09%	0.03%	0.03%
AME	A	0.79%	0.4%	0.4%
AMP	A	0.62%	0.6%	0.6%
AMT	D	0.86%	0.06%	0.06%
BIIB	F	0.15%	0.04%	0.04%
BK	A	0.88%	0.99%	0.88%
BRO	B	0.47%	0.25%	0.25%
CAH	B	0.26%	0.74%	0.26%
CBOE	B	0.4%	0.27%	0.27%
CCI	D	0.33%	0.6%	0.33%
CCL	B	0.12%	0.65%	0.12%
CL	D	0.49%	0.42%	0.42%
COR	B	0.49%	0.51%	0.49%
CTAS	B	0.49%	0.52%	0.49%
DGX	A	0.44%	0.04%	0.04%
EA	A	0.49%	0.58%	0.49%
ECL	D	0.44%	0.49%	0.44%
ED	D	0.42%	0.02%	0.02%
EIX	B	0.18%	0.61%	0.18%
ES	D	0.12%	0.09%	0.09%
EVRG	A	0.44%	0.41%	0.41%
GIS	D	0.39%	0.33%	0.33%
HIG	B	0.5%	0.4%	0.4%
HLT	A	1.04%	0.45%	0.45%
HPQ	B	0.3%	0.01%	0.01%
HUBB	B	0.15%	0.59%	0.15%
KEY	B	0.11%	0.65%	0.11%
KMB	D	0.42%	0.22%	0.22%
KMI	A	0.61%	0.14%	0.14%
L	A	0.6%	0.06%	0.06%
LHX	C	0.31%	0.24%	0.24%
MGM	D	0.08%	0.28%	0.08%
MSCI	C	0.65%	0.84%	0.65%
MSI	B	0.56%	0.5%	0.5%
OKE	A	1.07%	0.01%	0.01%
PCG	A	0.24%	0.36%	0.24%
PPG	F	0.43%	0.66%	0.43%
PRU	A	0.5%	0.85%	0.5%
RCL	A	0.25%	0.18%	0.18%
ROP	B	0.53%	0.1%	0.1%
SBAC	D	0.31%	0.22%	0.22%
SPG	B	0.34%	0.96%	0.34%
STT	A	0.18%	0.72%	0.18%
SYY	B	0.41%	0.11%	0.11%
TRGP	B	0.23%	0.56%	0.23%
UAL	A	0.15%	0.79%	0.15%
WMB	A	0.59%	1.12%	0.59%

PALC Overweight 131 Positions Relative to FMDE

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%
AON	A	1.03%
C	A	1.01%
NEE	D	0.92%
PFE	D	0.9%
YUM	B	0.89%
OTIS	C	0.87%
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%
MAR	B	0.65%
V	A	0.65%
VRTX	F	0.64%
FI	A	0.64%
VRSN	F	0.63%
RSG	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%
ATO	A	0.55%
AZO	C	0.55%
CSCO	B	0.55%
CMS	C	0.55%
ITW	B	0.55%
TJX	A	0.55%
ETR	B	0.54%
FE	C	0.54%
PG	A	0.54%
IEX	B	0.53%
ADP	B	0.52%
CB	C	0.51%
PKG	A	0.51%
CME	A	0.51%
LIN	D	0.51%
ICE	C	0.5%
JNJ	D	0.49%
PFG	D	0.49%
WM	A	0.49%
PAYX	C	0.49%
SRE	A	0.49%
CSX	B	0.48%
WELL	A	0.48%
CHD	B	0.48%
COST	B	0.48%
DRI	B	0.48%
PPL	B	0.48%
DUK	C	0.47%
AIG	B	0.47%
PEG	A	0.47%
OMC	C	0.47%
SPGI	C	0.47%
AVY	D	0.46%
BR	A	0.46%
UNP	C	0.46%
GD	F	0.46%
WEC	A	0.45%
ABT	B	0.45%
AVB	B	0.45%
SO	D	0.45%
PEP	F	0.45%
LNT	A	0.45%
LH	C	0.45%
STZ	D	0.44%
MDT	D	0.44%
LMT	D	0.44%
MDLZ	F	0.43%
KDP	D	0.42%
APD	A	0.42%
HOLX	D	0.41%
NEM	D	0.39%
ABBV	D	0.38%
LYB	F	0.37%
DOW	F	0.35%
TFC	A	0.34%
CPRT	A	0.34%
REGN	F	0.33%
ELV	F	0.32%
CHTR	C	0.29%
F	C	0.26%
TTWO	A	0.24%
MTD	D	0.23%
XYL	D	0.23%
RMD	C	0.22%
LYV	A	0.2%
MAS	D	0.17%
WAT	B	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%
NDSN	B	0.11%
NTRS	A	0.11%
EL	F	0.1%
WYNN	D	0.1%
NI	A	0.09%
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 242 Positions Relative to FMDE

Symbol	Grade	Weight
SQ	B	-0.97%
CMI	A	-0.94%
VST	B	-0.94%
HWM	A	-0.89%
RJF	A	-0.78%
CVNA	B	-0.75%
EXPE	B	-0.73%
KR	B	-0.73%
RBLX	C	-0.72%
WTW	B	-0.72%
ROST	C	-0.71%
VEEV	C	-0.71%
TOST	B	-0.69%
TWLO	A	-0.67%
ZM	B	-0.67%
AXON	A	-0.67%
CSGP	D	-0.66%
DOCU	A	-0.65%
NRG	B	-0.65%
CLX	B	-0.65%
NVR	D	-0.65%
NTAP	C	-0.64%
VICI	C	-0.63%
AIZ	A	-0.63%
FIS	C	-0.63%
TOL	B	-0.62%
EQH	B	-0.62%
IDXX	F	-0.61%
HUBS	A	-0.61%
HPE	B	-0.61%
NUE	C	-0.6%
INCY	C	-0.6%
LDOS	C	-0.6%
TXT	D	-0.59%
CW	B	-0.59%
LNG	B	-0.59%
SSNC	B	-0.59%
ALLE	D	-0.58%
DD	D	-0.58%
LYFT	C	-0.57%
CNC	D	-0.57%
ALL	A	-0.57%
DBX	B	-0.56%
DKNG	B	-0.56%
FTV	C	-0.54%
PYPL	B	-0.54%
GL	B	-0.54%
FFIV	B	-0.54%
MANH	D	-0.54%
EXEL	B	-0.52%
CNP	B	-0.52%
UNM	A	-0.52%
GRMN	B	-0.52%
DCI	B	-0.52%
TPR	B	-0.51%
GILD	C	-0.51%
MPWR	F	-0.51%
QRVO	F	-0.5%
CACI	D	-0.49%
GAP	C	-0.49%
AMH	D	-0.49%
CCK	C	-0.48%
TDC	D	-0.48%
TT	A	-0.48%
BURL	A	-0.48%
AXTA	A	-0.47%
STLD	B	-0.47%
BWXT	B	-0.47%
BERY	B	-0.46%
PSA	D	-0.46%
BRX	A	-0.45%
NYT	C	-0.45%
MEDP	D	-0.45%
SWKS	F	-0.45%
PEGA	A	-0.45%
ANF	C	-0.45%
NDAQ	A	-0.44%
CRUS	D	-0.44%
SNX	C	-0.44%
LNW	D	-0.44%
NBIX	C	-0.44%
WAB	B	-0.43%
PLTR	B	-0.43%
VMC	B	-0.42%
GWW	B	-0.42%
NVT	B	-0.41%
SOLV	C	-0.39%
AM	A	-0.39%
CPNG	D	-0.39%
FIX	A	-0.38%
EEFT	B	-0.38%
PCAR	B	-0.38%
IGT	F	-0.38%
ALSN	B	-0.37%
DHI	D	-0.37%
VMI	B	-0.37%
KLAC	D	-0.36%
SYF	B	-0.36%
HXL	D	-0.35%
UTHR	C	-0.35%
LPX	B	-0.35%
ZION	B	-0.34%
RNG	B	-0.34%
SEE	C	-0.34%
DUOL	A	-0.33%
IQV	D	-0.33%
NTNX	A	-0.33%
WCC	B	-0.33%
WU	D	-0.33%
UHS	D	-0.32%
BLD	D	-0.32%
EBAY	D	-0.32%
Z	A	-0.32%
EME	C	-0.31%
COIN	C	-0.31%
CPAY	A	-0.31%
DVN	F	-0.31%
AYI	B	-0.31%
RS	B	-0.3%
APP	B	-0.3%
LEN	D	-0.29%
GDDY	A	-0.29%
EQR	B	-0.29%
RGA	A	-0.28%
XEL	A	-0.28%
MTDR	B	-0.28%
GLPI	C	-0.27%
IFF	D	-0.27%
BAH	F	-0.27%
DXCM	D	-0.27%
A	D	-0.27%
ELAN	D	-0.27%
FANG	D	-0.26%
ZG	A	-0.26%
BMY	B	-0.26%
ZBRA	B	-0.25%
PLTK	B	-0.25%
BILL	A	-0.25%
CDW	F	-0.25%
INGR	B	-0.24%
SEIC	B	-0.24%
CFG	B	-0.23%
OC	A	-0.23%
GTES	A	-0.23%
TW	A	-0.22%
HRB	D	-0.22%
MTB	A	-0.22%
HES	B	-0.22%
FLS	B	-0.21%
DFS	B	-0.21%
PCTY	B	-0.21%
HII	D	-0.21%
ADTN	A	-0.2%
GPN	B	-0.2%
DKS	C	-0.2%
BLDR	D	-0.2%
MKTX	D	-0.19%
NWSA	B	-0.18%
NOC	D	-0.18%
ACM	A	-0.17%
MKL	A	-0.16%
DASH	A	-0.16%
WWD	B	-0.16%
USFD	A	-0.16%
SAM	C	-0.15%
DOC	D	-0.15%
KD	B	-0.15%
GXO	B	-0.14%
TPL	A	-0.14%
CINF	A	-0.13%
ATI	D	-0.13%
ANSS	B	-0.13%
REG	B	-0.13%
FTI	A	-0.12%
CHDN	B	-0.12%
ITT	A	-0.12%
WSM	B	-0.11%
CBSH	A	-0.11%
MORN	B	-0.11%
IBKR	A	-0.11%
GEHC	F	-0.11%
NWS	B	-0.11%
EXC	C	-0.11%
CTRE	D	-0.1%
LUV	C	-0.1%
AWK	D	-0.1%
VLTO	D	-0.1%
CTRA	B	-0.1%
AXS	A	-0.09%
ACGL	D	-0.09%
LPLA	A	-0.09%
LEG	F	-0.08%
XRAY	F	-0.08%
MCHP	D	-0.08%
WBD	C	-0.08%
VSTS	C	-0.07%
JHG	A	-0.07%
CWEN	C	-0.07%
ADM	D	-0.07%
MSA	D	-0.07%
CI	F	-0.06%
DTE	C	-0.06%
WDAY	B	-0.06%
FR	C	-0.06%
EG	C	-0.06%
VIRT	B	-0.06%
TNL	A	-0.06%
HUM	C	-0.06%
NSC	B	-0.06%
CSL	C	-0.05%
WEN	D	-0.05%
EGP	F	-0.05%
PHM	D	-0.05%
TXG	F	-0.05%
DAL	C	-0.05%
NTRA	B	-0.05%
OGE	B	-0.04%
BBWI	D	-0.04%
CWEN	C	-0.04%
ULTA	F	-0.04%
U	C	-0.04%
K	A	-0.04%
CF	B	-0.03%
BBY	D	-0.03%
EPR	D	-0.03%
REYN	D	-0.03%
TXRH	C	-0.03%
BMRN	D	-0.03%
CNM	D	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
JAZZ	B	-0.02%
QGEN	D	-0.02%
POST	C	-0.02%
OVV	B	-0.02%
HAL	C	-0.02%
MRO	B	-0.02%
LSCC	D	-0.01%
STAG	F	-0.01%
SWK	D	-0.01%
HOOD	B	-0.01%
ARW	D	-0.01%