PALC vs. LRND ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

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

$49.43

Average Daily Volume

40,428

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.33

Average Daily Volume

459

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PALC	LRND
30 Days	2.23%	3.58%
60 Days	3.64%	3.05%
90 Days	1.83%	1.75%
12 Months	34.92%	33.77%

28 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in LRND	Overlap
AAPL	C	2.19%	6.42%	2.19%
ABBV	B	0.5%	1.6%	0.5%
ABT	C	0.51%	0.57%	0.51%
ADBE	F	1.25%	0.7%	0.7%
ADSK	B	0.34%	0.3%	0.3%
AMAT	D	0.77%	0.5%	0.5%
AVGO	C	2.28%	1.52%	1.52%
CAT	B	0.84%	0.49%	0.49%
CMI	B	0.21%	0.34%	0.21%
CSCO	B	1.59%	1.66%	1.59%
EA	D	0.62%	0.47%	0.47%
EBAY	B	0.15%	0.36%	0.15%
GE	C	0.95%	0.44%	0.44%
GEHC	B	0.19%	0.28%	0.19%
HON	C	0.59%	0.27%	0.27%
INTU	D	0.76%	0.53%	0.53%
JNJ	C	3.03%	3.23%	3.03%
KLAC	D	0.55%	0.23%	0.23%
LMT	A	1.33%	0.35%	0.35%
LRCX	D	0.48%	0.26%	0.26%
MCHP	D	0.23%	0.18%	0.18%
MDT	B	0.52%	0.58%	0.52%
MSFT	C	2.06%	5.2%	2.06%
NFLX	B	1.59%	0.55%	0.55%
PANW	D	0.48%	0.36%	0.36%
PG	C	2.5%	0.4%	0.4%
QCOM	D	1.02%	1.32%	1.02%
REGN	D	0.56%	0.79%	0.56%

PALC Overweight 145 Positions Relative to LRND

Symbol	Grade	Weight
MA	B	2.99%
V	C	2.96%
COST	C	2.42%
PEP	D	1.65%
ADP	C	1.38%
TJX	C	1.31%
ITW	B	1.1%
MDLZ	C	1.04%
AMP	B	0.89%
CTAS	C	0.85%
BRK.A	C	0.79%
PAYX	C	0.79%
KMB	C	0.77%
KO	B	0.74%
PGR	C	0.74%
TMUS	B	0.69%
MMC	C	0.66%
RSG	D	0.66%
L	D	0.66%
SYY	C	0.64%
CL	C	0.64%
WMT	B	0.63%
LIN	B	0.62%
OMC	B	0.62%
ATO	B	0.6%
ROP	C	0.6%
BK	B	0.6%
LYB	D	0.6%
MCD	B	0.6%
BR	C	0.6%
HOLX	D	0.59%
ICE	C	0.59%
CB	B	0.59%
CME	B	0.58%
PM	C	0.58%
MET	B	0.57%
UNP	D	0.57%
MSI	B	0.57%
HIG	B	0.57%
KMI	C	0.57%
GD	C	0.56%
PRU	C	0.56%
SPGI	C	0.56%
DUK	B	0.56%
OKE	C	0.56%
IEX	C	0.55%
YUM	B	0.55%
WMB	C	0.55%
AME	C	0.55%
AVY	C	0.55%
PPL	A	0.54%
JPM	D	0.54%
ETR	A	0.54%
PFG	B	0.54%
KDP	B	0.54%
WELL	C	0.53%
AVB	C	0.53%
OTIS	B	0.53%
DRI	C	0.53%
CMS	B	0.53%
CHD	C	0.53%
PEG	B	0.53%
AIG	D	0.53%
LNT	A	0.53%
AFL	A	0.53%
ED	B	0.53%
AJG	D	0.53%
SO	B	0.53%
PKG	B	0.53%
GIS	B	0.52%
STZ	C	0.52%
VRSN	C	0.52%
CSX	C	0.52%
NKE	D	0.52%
SRE	B	0.52%
ECL	B	0.51%
PPG	C	0.51%
WEC	B	0.51%
BRO	C	0.51%
HLT	B	0.51%
WM	D	0.51%
FE	B	0.51%
MO	C	0.5%
DGX	B	0.5%
ELV	D	0.49%
EVRG	B	0.49%
CBOE	C	0.49%
DOW	C	0.47%
SHW	B	0.45%
MCK	F	0.42%
ZTS	B	0.38%
MCO	C	0.34%
EMR	D	0.32%
MPC	F	0.28%
IT	C	0.27%
FAST	C	0.23%
GWW	B	0.23%
IDXX	D	0.22%
ROST	C	0.22%
ACGL	B	0.21%
TEL	D	0.21%
CNC	D	0.21%
LEN	B	0.21%
KVUE	B	0.2%
VRSK	D	0.19%
VLO	F	0.19%
A	C	0.18%
MLM	D	0.18%
MNST	D	0.17%
CTSH	B	0.16%
ROK	D	0.16%
VMC	C	0.15%
NVR	B	0.15%
CDW	D	0.14%
LULU	D	0.14%
DD	B	0.14%
HSY	D	0.13%
BALL	C	0.13%
ADM	D	0.13%
BLDR	C	0.12%
K	A	0.12%
DECK	C	0.12%
VLTO	B	0.12%
TROW	C	0.11%
CLX	C	0.11%
BAX	C	0.11%
KEYS	B	0.11%
EXPD	B	0.1%
CINF	C	0.1%
STE	B	0.1%
ULTA	D	0.1%
POOL	C	0.09%
EG	B	0.08%
SWKS	F	0.07%
JBL	C	0.07%
CHRW	B	0.06%
JKHY	B	0.06%
FFIV	B	0.06%
APA	F	0.05%
AOS	B	0.05%
PAYC	D	0.04%
MKTX	D	0.04%
BWA	C	0.04%
SOLV	D	0.04%
RL	B	0.03%

PALC Underweight 71 Positions Relative to LRND

Symbol	Grade	Weight
AMZN	C	-8.6%
GOOGL	D	-7.9%
META	B	-6.74%
MRK	F	-4.31%
INTC	D	-2.31%
BMY	C	-2.25%
PFE	D	-2.17%
ORCL	B	-2.02%
LLY	D	-1.98%
GM	C	-1.93%
NVDA	C	-1.75%
IBM	B	-1.71%
F	F	-1.45%
GILD	B	-1.33%
TSLA	C	-1.17%
AMD	C	-1.13%
CRM	C	-1.08%
AMGN	D	-1.05%
PYPL	B	-0.75%
UBER	C	-0.68%
VRTX	D	-0.65%
RTX	B	-0.63%
BA	F	-0.6%
SQ	D	-0.57%
WDAY	D	-0.55%
NOW	C	-0.53%
DE	A	-0.47%
MMM	B	-0.46%
DELL	C	-0.44%
HPE	C	-0.41%
RIVN	F	-0.41%
MU	D	-0.4%
MRNA	F	-0.39%
SPOT	C	-0.39%
TEAM	D	-0.39%
TXN	B	-0.38%
MRVL	D	-0.36%
BIIB	F	-0.35%
RBLX	C	-0.34%
ALNY	C	-0.33%
SNPS	F	-0.33%
DHR	B	-0.33%
INCY	C	-0.32%
ILMN	D	-0.31%
EXPE	C	-0.31%
WDC	C	-0.31%
U	D	-0.3%
BSX	B	-0.3%
ADI	C	-0.3%
ABNB	D	-0.3%
HPQ	C	-0.3%
CTVA	B	-0.29%
ACN	C	-0.28%
TMO	B	-0.28%
NOC	B	-0.28%
SYK	C	-0.27%
LCID	C	-0.27%
DASH	B	-0.25%
EXEL	C	-0.24%
APTV	D	-0.24%
SNOW	F	-0.24%
JNPR	A	-0.24%
CDNS	D	-0.24%
ISRG	C	-0.23%
GLW	B	-0.23%
CNH	C	-0.22%
BDX	D	-0.22%
NTAP	D	-0.19%
DDOG	D	-0.19%
PINS	D	-0.15%
EW	F	-0.15%