PAMC vs. FREL ETF Comparison

Comparison of Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) to Fidelity MSCI Real Estate Index ETF (FREL)

PAMC

Pacer Lunt MidCap Multi-Factor Alternator ETF

PAMC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. MidCap 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 mid-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.12

Average Daily Volume

10,720

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

FREL

Fidelity MSCI Real Estate Index ETF

FREL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Real Estate Index. The fund invests at least 80% of assets in securities included in the fund&#39;s underlying index. The fund&#39;s underlying index is the MSCI USA IMI Real Estate Index, which represents the performance of the real estate sector in the U.S. equity market. The fund may or may not hold all of the securities in the MSCI USA IMI Real Estate Index.

Grade (RS Rating)

Last Trade

$29.13

Average Daily Volume

168,084

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	PAMC	FREL
30 Days	8.98%	-0.24%
60 Days	7.87%	-1.75%
90 Days	9.39%	2.47%
12 Months	43.60%	26.25%

16 Overlapping Holdings

Symbol	Grade	Weight in PAMC	Weight in FREL	Overlap
ADC	B	0.74%	0.51%	0.51%
AMH	D	0.68%	0.82%	0.68%
BRX	A	0.63%	0.58%	0.58%
CDP	C	0.59%	0.22%	0.22%
EGP	F	0.63%	0.56%	0.56%
ELS	C	0.69%	0.85%	0.69%
EPR	D	0.65%	0.23%	0.23%
FR	C	0.59%	0.47%	0.47%
GLPI	C	0.76%	0.89%	0.76%
JLL	D	0.58%	0.84%	0.58%
KRG	B	0.59%	0.4%	0.4%
NNN	D	0.72%	0.51%	0.51%
OHI	C	0.65%	0.65%	0.65%
SBRA	C	0.81%	0.29%	0.29%
STAG	F	0.6%	0.45%	0.45%
WPC	D	0.6%	0.8%	0.6%

PAMC Overweight 120 Positions Relative to FREL

Symbol	Grade	Weight
RGA	A	1.99%
WSM	B	1.86%
EME	C	1.83%
CW	B	1.8%
DTM	B	1.57%
JEF	A	1.54%
FNF	B	1.47%
TPL	A	1.47%
SFM	A	1.42%
HLI	B	1.32%
LII	A	1.28%
SF	B	1.27%
EHC	B	1.23%
ORI	A	1.18%
THC	D	1.13%
CSL	C	1.13%
FIX	A	1.11%
CACI	D	1.1%
EVR	B	1.07%
MORN	B	1.04%
IBKR	A	1.03%
MTG	C	1.03%
EQH	B	1.02%
TOL	B	1.01%
NYT	C	0.98%
TXRH	C	0.97%
POST	C	0.97%
WING	D	0.97%
FLS	B	0.94%
AM	A	0.9%
CASY	A	0.89%
ESNT	D	0.88%
XPO	B	0.84%
AMG	B	0.83%
JHG	A	0.82%
ATR	B	0.79%
MUSA	A	0.78%
OGE	B	0.75%
IDA	A	0.75%
EWBC	A	0.73%
SEIC	B	0.73%
RLI	B	0.72%
ALE	A	0.72%
GGG	B	0.71%
AFG	A	0.71%
PNM	F	0.7%
ANF	C	0.7%
INGR	B	0.7%
ITT	A	0.7%
NJR	A	0.69%
DCI	B	0.69%
DLB	B	0.68%
SR	A	0.68%
THG	A	0.67%
CLH	B	0.67%
PSTG	D	0.67%
HRB	D	0.66%
MSA	D	0.66%
AIT	A	0.65%
POR	C	0.65%
NWE	B	0.65%
FHI	A	0.64%
FLO	D	0.64%
NFG	A	0.64%
SON	D	0.63%
ENSG	D	0.63%
PRI	A	0.62%
CVLT	B	0.62%
BKH	A	0.62%
SLGN	A	0.61%
BLD	D	0.61%
CR	A	0.6%
VOYA	B	0.6%
OGS	A	0.6%
BWXT	B	0.6%
CHE	D	0.59%
NBIX	C	0.59%
GNTX	C	0.59%
RPM	A	0.59%
WU	D	0.58%
USFD	A	0.58%
LSTR	D	0.57%
ACM	A	0.57%
UNM	A	0.57%
STWD	C	0.56%
WTRG	B	0.56%
CBSH	A	0.56%
NEU	C	0.55%
AYI	B	0.55%
ARMK	B	0.54%
MMS	F	0.54%
COKE	C	0.54%
CNM	D	0.53%
PFGC	B	0.53%
COLM	B	0.52%
SNX	C	0.52%
NVT	B	0.51%
EXP	A	0.5%
KEX	C	0.47%
ALLY	C	0.47%
BRBR	A	0.46%
LNW	D	0.45%
FLR	B	0.43%
KD	B	0.4%
RYAN	B	0.4%
KNF	A	0.39%
ESAB	B	0.36%
OLED	D	0.35%
R	B	0.33%
KBH	D	0.3%
GAP	C	0.3%
CBT	C	0.3%
CRUS	D	0.29%
UMBF	B	0.26%
SLM	A	0.26%
BCO	D	0.25%
LOPE	B	0.25%
CNO	A	0.2%
IBOC	A	0.19%
PPC	C	0.18%

PAMC Underweight 124 Positions Relative to FREL

Symbol	Grade	Weight
PLD	D	-7.1%
AMT	D	-6.08%
EQIX	A	-5.7%
WELL	A	-5.08%
SPG	B	-3.89%
DLR	B	-3.77%
PSA	D	-3.51%
O	D	-3.23%
CCI	D	-2.99%
CBRE	B	-2.71%
EXR	D	-2.32%
IRM	D	-2.22%
VICI	C	-2.18%
AVB	B	-2.16%
CSGP	D	-2.05%
VTR	C	-1.72%
EQR	B	-1.66%
SBAC	D	-1.58%
WY	D	-1.5%
INVH	D	-1.37%
ESS	B	-1.3%
MAA	B	-1.23%
ARE	D	-1.14%
KIM	A	-1.12%
SUI	D	-1.03%
DOC	D	-1.01%
UDR	B	-0.93%
CPT	B	-0.86%
REG	B	-0.86%
HST	C	-0.82%
Z	A	-0.79%
BXP	D	-0.79%
LAMR	D	-0.75%
CUBE	D	-0.72%
REXR	F	-0.61%
FRT	B	-0.56%
VNO	B	-0.46%
RHP	B	-0.43%
TRNO	F	-0.4%
COLD	D	-0.4%
EPRT	B	-0.37%
SLG	B	-0.34%
CUZ	B	-0.32%
IRT	A	-0.32%
PECO	A	-0.31%
KRC	C	-0.29%
CTRE	D	-0.28%
RYN	D	-0.28%
MAC	B	-0.28%
SKT	B	-0.26%
APLE	B	-0.24%
HIW	D	-0.23%
NHI	D	-0.23%
PK	B	-0.22%
NSA	D	-0.22%
PCH	D	-0.22%
BNL	D	-0.21%
DEI	B	-0.2%
UE	C	-0.19%
LXP	D	-0.19%
AKR	B	-0.18%
HHH	B	-0.18%
FCPT	C	-0.18%
MPW	F	-0.17%
OUT	A	-0.17%
COMP	B	-0.17%
CWK	B	-0.16%
ROIC	A	-0.15%
IVT	B	-0.15%
NMRK	B	-0.15%
EQC	B	-0.14%
SHO	C	-0.13%
DRH	B	-0.13%
JOE	F	-0.12%
XHR	B	-0.11%
GTY	B	-0.11%
LTC	B	-0.11%
ELME	D	-0.1%
ESRT	C	-0.1%
PEB	D	-0.1%
RLJ	C	-0.1%
GNL	F	-0.1%
PDM	D	-0.09%
UNIT	B	-0.09%
VRE	B	-0.09%
JBGS	D	-0.09%
ALEX	C	-0.09%
UMH	C	-0.09%
AAT	B	-0.09%
NTST	D	-0.08%
KW	B	-0.08%
DEA	D	-0.08%
OPEN	D	-0.07%
AIV	C	-0.07%
NXRT	B	-0.07%
CSR	B	-0.07%
RDFN	D	-0.07%
MMI	B	-0.07%
EXPI	C	-0.07%
AHH	D	-0.06%
PGRE	F	-0.06%
PLYM	F	-0.06%
BDN	C	-0.06%
INN	D	-0.05%
FOR	F	-0.05%
WSR	A	-0.05%
GOOD	B	-0.05%
FPI	B	-0.04%
ALX	D	-0.04%
UHT	D	-0.04%
GMRE	F	-0.04%
OLP	B	-0.04%
LAND	F	-0.03%
FRPH	A	-0.03%
DHC	F	-0.03%
SVC	F	-0.03%
CLDT	B	-0.03%
PKST	D	-0.03%
BFS	C	-0.03%
HPP	F	-0.03%
CHCT	C	-0.03%
TRC	F	-0.02%
RMR	F	-0.02%
CBL	A	-0.02%