PALC vs. QHDG ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to Innovator Hedged Nasdaq-100 ETF (QHDG)

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

QHDG

Innovator Hedged Nasdaq-100 ETF

QHDG Description

The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or "hedged" protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100.

Grade (RS Rating)

Last Trade

$26.22

Average Daily Volume

8,106

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	PALC	QHDG
30 Days	4.42%	2.70%
60 Days	6.04%	4.21%
90 Days	8.35%	4.80%
12 Months	36.24%

27 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in QHDG	Overlap
ADP	B	0.52%	0.78%	0.52%
AMGN	D	1.64%	0.97%	0.97%
BIIB	F	0.15%	0.15%	0.15%
BKNG	A	1.25%	0.98%	0.98%
CHTR	C	0.29%	0.36%	0.29%
COST	B	0.48%	2.61%	0.48%
CPRT	A	0.34%	0.35%	0.34%
CSCO	B	0.55%	1.49%	0.55%
CSX	B	0.48%	0.44%	0.44%
CTAS	B	0.49%	0.56%	0.49%
EA	A	0.49%	0.27%	0.27%
FTNT	C	0.57%	0.46%	0.46%
HON	B	0.58%	0.95%	0.58%
KDP	D	0.42%	0.28%	0.28%
LIN	D	0.51%	1.38%	0.51%
MAR	B	0.65%	0.51%	0.51%
MDLZ	F	0.43%	0.55%	0.43%
ORLY	B	0.69%	0.41%	0.41%
PAYX	C	0.49%	0.33%	0.33%
PEP	F	0.45%	1.4%	0.45%
REGN	F	0.33%	0.55%	0.33%
ROP	B	0.53%	0.36%	0.36%
SBUX	A	1.13%	0.72%	0.72%
TMUS	B	0.72%	1.77%	0.72%
TSLA	B	3.78%	3.86%	3.78%
TTWO	A	0.24%	0.2%	0.2%
VRTX	F	0.64%	0.78%	0.64%

PALC Overweight 154 Positions Relative to QHDG

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%
LOW	D	1.55%
WFC	A	1.42%
MO	A	1.39%
MS	A	1.36%
MCK	B	1.17%
OKE	A	1.07%
HLT	A	1.04%
AON	A	1.03%
C	A	1.01%
NEE	D	0.92%
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%
BA	F	0.7%
HCA	F	0.69%
BRK.A	B	0.69%
MSCI	C	0.65%
V	A	0.65%
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%
FICO	B	0.57%
KO	D	0.56%
MMC	B	0.56%
MSI	B	0.56%
ATO	A	0.55%
AZO	C	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%
CB	C	0.51%
PKG	A	0.51%
CME	A	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%
WM	A	0.49%
CL	D	0.49%
SRE	A	0.49%
WELL	A	0.48%
CHD	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%
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%
WEC	A	0.45%
ABT	B	0.45%
AVB	B	0.45%
SO	D	0.45%
LNT	A	0.45%
LH	C	0.45%
EVRG	A	0.44%
STZ	D	0.44%
ECL	D	0.44%
DGX	A	0.44%
MDT	D	0.44%
LMT	D	0.44%
PPG	F	0.43%
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%
SPG	B	0.34%
CCI	D	0.33%
ELV	F	0.32%
SBAC	D	0.31%
LHX	C	0.31%
HPQ	B	0.3%
CAH	B	0.26%
F	C	0.26%
RCL	A	0.25%
PCG	A	0.24%
TRGP	B	0.23%
MTD	D	0.23%
XYL	D	0.23%
RMD	C	0.22%
LYV	A	0.2%
STT	A	0.18%
EIX	B	0.18%
MAS	D	0.17%
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%
AES	F	0.12%
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 74 Positions Relative to QHDG

Symbol	Grade	Weight
NVDA	C	-8.66%
AAPL	C	-8.51%
MSFT	F	-7.67%
AMZN	C	-5.29%
AVGO	D	-4.91%
META	D	-4.78%
GOOGL	C	-2.52%
GOOG	C	-2.41%
NFLX	A	-2.27%
ADBE	C	-1.45%
AMD	F	-1.41%
INTU	C	-1.25%
ISRG	A	-1.21%
TXN	C	-1.18%
QCOM	F	-1.15%
CMCSA	B	-1.06%
AMAT	F	-0.89%
PANW	C	-0.82%
GILD	C	-0.71%
MU	D	-0.68%
INTC	D	-0.67%
ADI	D	-0.66%
MELI	D	-0.6%
LRCX	F	-0.58%
PYPL	B	-0.57%
KLAC	D	-0.55%
CRWD	B	-0.51%
SNPS	B	-0.5%
CDNS	B	-0.5%
MRVL	B	-0.49%
PDD	F	-0.49%
CEG	D	-0.45%
DASH	A	-0.42%
ADSK	A	-0.41%
ASML	F	-0.4%
PCAR	B	-0.38%
ABNB	C	-0.37%
WDAY	B	-0.36%
NXPI	D	-0.36%
TTD	B	-0.34%
MNST	C	-0.33%
AEP	D	-0.33%
FANG	D	-0.33%
ODFL	B	-0.3%
FAST	B	-0.3%
ROST	C	-0.3%
BKR	B	-0.27%
VRSK	A	-0.26%
XEL	A	-0.25%
CTSH	B	-0.25%
DDOG	A	-0.25%
EXC	C	-0.25%
TEAM	A	-0.25%
GEHC	F	-0.24%
KHC	F	-0.24%
LULU	C	-0.24%
AZN	D	-0.23%
CCEP	C	-0.22%
IDXX	F	-0.21%
MCHP	D	-0.21%
DXCM	D	-0.2%
CSGP	D	-0.19%
ZS	C	-0.19%
ANSS	B	-0.19%
ON	D	-0.18%
CDW	F	-0.16%
GFS	C	-0.15%
ILMN	D	-0.14%
WBD	C	-0.14%
MDB	C	-0.13%
ARM	D	-0.1%
DLTR	F	-0.09%
MRNA	F	-0.09%
SMCI	F	-0.07%