PWS vs. NXTV ETF Comparison

Comparison of Pacer WealthShield ETF (PWS) to Simplify Next Intangible Value Index ETF (NXTV)

PWS

Pacer WealthShield ETF

PWS Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in (i) the component securities of the index or (ii) ETFs that seek to track the performance of some or all of the component securities of the index in the same approximate weight as such component securities. The index utilizes a systematic risk management strategy that directs the index's exposure to U.S. equity securities, U.S. Treasury securities, or a mix of each. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.23

Average Daily Volume

1,845

Number of Holdings ^*

217

* may have additional holdings in another (foreign) market

NXTV

Simplify Next Intangible Value Index ETF

NXTV Description

NXTV targets US companies with low equity valuations relative to their intangible-adjusted book values within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating an intangible-adjusted book value for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Holdings are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$28.86

Average Daily Volume

732

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	PWS	NXTV
30 Days	4.72%	5.48%
60 Days	-1.94%	5.83%
90 Days	1.22%	10.13%
12 Months	21.11%

42 Overlapping Holdings

Symbol	Grade	Weight in PWS	Weight in NXTV	Overlap
ADM	D	0.17%	0.4%	0.17%
ARE	D	0.3%	0.28%	0.28%
BBY	D	0.07%	0.91%	0.07%
BG	F	0.09%	0.18%	0.09%
BWA	D	0.03%	0.16%	0.03%
CCL	B	0.1%	0.45%	0.1%
CPB	D	0.06%	0.21%	0.06%
D	C	0.77%	0.5%	0.5%
DELL	C	0.05%	3.41%	0.05%
DG	F	0.12%	0.76%	0.12%
DLTR	F	0.09%	0.61%	0.09%
EBAY	D	0.12%	1.1%	0.12%
ED	D	0.54%	0.36%	0.36%
EL	F	0.1%	0.74%	0.1%
ETR	B	0.51%	0.32%	0.32%
EVRG	A	0.24%	0.14%	0.14%
EXC	C	0.62%	0.38%	0.38%
EXPE	B	0.09%	0.36%	0.09%
F	C	0.17%	0.72%	0.17%
GM	B	0.26%	1.04%	0.26%
GPC	D	0.07%	0.28%	0.07%
HPE	B	0.03%	1.06%	0.03%
HPQ	B	0.04%	1.47%	0.04%
INTC	D	0.13%	3.52%	0.13%
JNPR	F	0.02%	0.54%	0.02%
KHC	F	0.2%	0.62%	0.2%
KMX	B	0.05%	0.2%	0.05%
KR	B	0.28%	1.77%	0.28%
LEN	D	0.16%	0.6%	0.16%
LKQ	D	0.04%	0.17%	0.04%
MGM	D	0.03%	0.08%	0.03%
NI	A	0.26%	0.16%	0.16%
NTAP	C	0.03%	0.98%	0.03%
PCG	A	0.74%	0.46%	0.46%
PPL	B	0.4%	0.24%	0.24%
SRE	A	0.95%	0.53%	0.53%
SYY	B	0.26%	0.57%	0.26%
TAP	C	0.08%	0.17%	0.08%
TPR	B	0.05%	0.48%	0.05%
TSN	B	0.13%	0.32%	0.13%
VICI	C	0.58%	0.85%	0.58%
WDC	D	0.02%	0.92%	0.02%

PWS Overweight 175 Positions Relative to NXTV

Symbol	Grade	Weight
AMZN	C	7.98%
NVDA	C	4.41%
AAPL	C	4.19%
MSFT	F	3.87%
TSLA	B	3.66%
COST	B	2.91%
PG	A	2.76%
WMT	A	2.61%
NEE	D	2.48%
PLD	D	1.91%
KO	D	1.72%
HD	A	1.63%
AMT	D	1.61%
PEP	F	1.59%
SO	D	1.56%
EQIX	A	1.51%
DUK	C	1.4%
WELL	A	1.38%
PM	B	1.37%
CEG	D	1.15%
AVGO	D	0.99%
DLR	B	0.97%
SPG	B	0.97%
PSA	D	0.93%
O	D	0.88%
MCD	D	0.85%
AEP	D	0.81%
VST	B	0.8%
CCI	D	0.79%
CBRE	B	0.72%
PEG	A	0.71%
MO	A	0.67%
BKNG	A	0.67%
XEL	A	0.63%
LOW	D	0.62%
MDLZ	F	0.62%
EXR	D	0.61%
IRM	D	0.6%
AVB	B	0.59%
TJX	A	0.55%
CSGP	D	0.55%
EIX	B	0.52%
CL	D	0.52%
WEC	A	0.5%
TGT	F	0.5%
VTR	C	0.47%
EQR	B	0.45%
SBUX	A	0.45%
AWK	D	0.42%
SBAC	D	0.41%
WY	D	0.4%
AEE	A	0.4%
DTE	C	0.4%
CRM	B	0.4%
NKE	D	0.37%
ORCL	B	0.37%
ATO	A	0.37%
ESS	B	0.35%
ES	D	0.35%
INVH	D	0.34%
FE	C	0.34%
CMS	C	0.33%
MAA	B	0.33%
CNP	B	0.32%
CMG	B	0.32%
NRG	B	0.31%
KVUE	A	0.31%
KMB	D	0.31%
ADBE	C	0.29%
CSCO	B	0.29%
ORLY	B	0.29%
KIM	A	0.29%
AMD	F	0.28%
MNST	C	0.28%
ACN	C	0.28%
MAR	B	0.27%
NOW	A	0.27%
DOC	D	0.27%
KDP	D	0.27%
STZ	D	0.26%
HLT	A	0.25%
LNT	A	0.25%
GIS	D	0.25%
IBM	C	0.24%
UDR	B	0.24%
INTU	C	0.24%
TXN	C	0.23%
CPT	B	0.23%
ABNB	C	0.23%
QCOM	F	0.22%
RCL	A	0.22%
AZO	C	0.22%
HST	C	0.22%
REG	B	0.21%
BXP	D	0.2%
ROST	C	0.19%
DHI	D	0.19%
HSY	F	0.19%
CHD	B	0.18%
AMAT	F	0.18%
PNW	B	0.17%
AES	F	0.16%
PANW	C	0.16%
PLTR	B	0.15%
LULU	C	0.15%
FRT	B	0.15%
YUM	B	0.15%
K	A	0.15%
CLX	B	0.14%
ADI	D	0.13%
GRMN	B	0.13%
MKC	D	0.13%
MU	D	0.13%
LRCX	F	0.12%
TSCO	D	0.12%
ANET	C	0.12%
APH	A	0.11%
KLAC	D	0.11%
DECK	A	0.11%
CRWD	B	0.1%
MSI	B	0.1%
CDNS	B	0.1%
SNPS	B	0.1%
PHM	D	0.1%
NVR	D	0.09%
CAG	D	0.09%
FTNT	C	0.08%
DRI	B	0.08%
LW	C	0.08%
SJM	D	0.08%
ADSK	A	0.08%
NXPI	D	0.07%
LVS	C	0.07%
FICO	B	0.07%
ULTA	F	0.07%
ROP	B	0.07%
APTV	D	0.06%
DPZ	C	0.06%
HRL	D	0.06%
WBA	F	0.05%
NCLH	B	0.05%
CTSH	B	0.05%
IT	C	0.05%
POOL	C	0.05%
ON	D	0.04%
MPWR	F	0.04%
ANSS	B	0.04%
MCHP	D	0.04%
GLW	B	0.04%
ZBRA	B	0.03%
TDY	B	0.03%
PTC	A	0.03%
MHK	D	0.03%
CDW	F	0.03%
TYL	B	0.03%
WYNN	D	0.03%
GDDY	A	0.03%
HAS	D	0.03%
RL	B	0.03%
CZR	F	0.03%
KEYS	A	0.03%
SWKS	F	0.02%
AKAM	D	0.02%
FFIV	B	0.02%
EPAM	C	0.02%
JBL	B	0.02%
VRSN	F	0.02%
GEN	B	0.02%
TER	D	0.02%
TRMB	B	0.02%
FSLR	F	0.02%
STX	D	0.02%
QRVO	F	0.01%
ENPH	F	0.01%
SMCI	F	0.01%

PWS Underweight 152 Positions Relative to NXTV

Symbol	Grade	Weight
CMCSA	B	-5.48%
T	A	-5.05%
VZ	C	-4.68%
PFE	D	-4.63%
C	A	-1.95%
FDX	B	-1.15%
CVS	D	-1.08%
COF	B	-0.96%
ZM	B	-0.96%
GFS	C	-0.91%
FOXA	B	-0.83%
MET	A	-0.83%
TRV	B	-0.83%
BIIB	F	-0.78%
SNAP	C	-0.75%
AIG	B	-0.75%
ALL	A	-0.74%
NWS	B	-0.72%
FCNCA	A	-0.71%
DD	D	-0.69%
PRU	A	-0.67%
NUE	C	-0.67%
ZBH	C	-0.64%
CTVA	C	-0.62%
ILMN	D	-0.58%
MRNA	F	-0.57%
TWLO	A	-0.55%
HUM	C	-0.55%
CACI	D	-0.53%
BAX	D	-0.53%
ACI	C	-0.49%
CNC	D	-0.48%
IP	B	-0.47%
LBRDK	C	-0.46%
CTRA	B	-0.45%
ALB	C	-0.43%
SNX	C	-0.42%
VTRS	A	-0.42%
INCY	C	-0.41%
PPG	F	-0.39%
EQT	B	-0.39%
UAL	A	-0.39%
MRO	B	-0.39%
RS	B	-0.38%
FYBR	D	-0.37%
GAP	C	-0.37%
CIEN	B	-0.36%
SOLV	C	-0.35%
FLEX	A	-0.35%
WRB	A	-0.34%
DBX	B	-0.34%
LUV	C	-0.34%
MKL	A	-0.34%
SYF	B	-0.34%
CINF	A	-0.33%
PATH	C	-0.31%
LEVI	F	-0.3%
CFG	B	-0.3%
FTI	A	-0.3%
PFG	D	-0.29%
CRBG	B	-0.29%
BILL	A	-0.29%
PEGA	A	-0.29%
SWK	D	-0.28%
EXEL	B	-0.27%
OVV	B	-0.27%
HSIC	B	-0.27%
L	A	-0.27%
U	C	-0.27%
DDS	B	-0.27%
AMKR	D	-0.26%
TXT	D	-0.26%
BIO	D	-0.26%
EG	C	-0.24%
BLDR	D	-0.24%
FNF	B	-0.24%
WCC	B	-0.23%
VFC	C	-0.23%
NSIT	F	-0.23%
LUMN	C	-0.23%
SATS	D	-0.23%
PFGC	B	-0.22%
RGA	A	-0.22%
USM	B	-0.22%
SNA	A	-0.22%
EQH	B	-0.22%
AIT	A	-0.22%
KD	B	-0.22%
CNH	C	-0.21%
RPM	A	-0.21%
W	F	-0.21%
ROKU	D	-0.21%
RNR	C	-0.21%
M	D	-0.2%
JEF	A	-0.2%
JLL	D	-0.2%
ELAN	D	-0.2%
CLVT	F	-0.2%
CNA	B	-0.2%
ALLY	C	-0.2%
JAZZ	B	-0.2%
COTY	F	-0.19%
RIVN	F	-0.19%
PAG	B	-0.19%
AR	B	-0.19%
RHI	B	-0.18%
UPST	B	-0.18%
UNM	A	-0.18%
AA	B	-0.18%
TOL	B	-0.18%
DINO	D	-0.18%
COKE	C	-0.17%
ARW	D	-0.17%
AEO	F	-0.17%
IAC	D	-0.17%
JWN	C	-0.17%
ADTN	A	-0.17%
FLS	B	-0.17%
SIG	B	-0.16%
AIZ	A	-0.16%
ALIT	C	-0.16%
NOV	C	-0.16%
PVH	C	-0.16%
WHR	B	-0.16%
ZI	D	-0.16%
BEN	C	-0.16%
WFRD	D	-0.15%
X	C	-0.15%
CLF	F	-0.15%
LAD	A	-0.15%
GL	B	-0.15%
DXC	B	-0.15%
URBN	C	-0.15%
ASO	F	-0.15%
FRSH	C	-0.15%
SANM	B	-0.15%
XRAY	F	-0.14%
SLAB	D	-0.14%
ORI	A	-0.14%
AGR	B	-0.14%
FHN	A	-0.14%
CIVI	D	-0.13%
INGR	B	-0.13%
CXT	B	-0.13%
WBD	C	-0.13%
SON	D	-0.13%
MUR	D	-0.12%
ALKS	B	-0.12%
CPRI	F	-0.1%
LCID	F	-0.09%
BYD	C	-0.05%
DLB	B	-0.05%