QUAL vs. PALC ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

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

Performance

Period	QUAL	PALC
30 Days	1.61%	4.42%
60 Days	2.39%	6.04%
90 Days	3.34%	8.35%
12 Months	30.86%	36.24%

34 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in PALC	Overlap
ADP	B	1.75%	0.52%	0.52%
AFL	B	0.42%	0.46%	0.42%
AMP	A	0.33%	0.62%	0.33%
APD	A	0.35%	0.42%	0.35%
ATO	A	0.4%	0.55%	0.4%
AVB	B	0.24%	0.45%	0.24%
AVY	D	0.08%	0.46%	0.08%
CBOE	B	0.14%	0.4%	0.14%
CME	A	0.52%	0.51%	0.51%
COST	B	2.55%	0.48%	0.48%
CSCO	B	1.74%	0.55%	0.55%
CTAS	B	0.6%	0.49%	0.49%
EA	A	0.2%	0.49%	0.2%
ED	D	0.5%	0.42%	0.42%
EQT	B	0.22%	0.13%	0.13%
ITW	B	0.73%	0.55%	0.55%
JNJ	D	2.15%	0.49%	0.49%
KO	D	1.43%	0.56%	0.56%
LIN	D	1.14%	0.51%	0.51%
LMT	D	1.08%	0.44%	0.44%
MA	C	4.22%	0.58%	0.58%
MMC	B	0.74%	0.56%	0.56%
OMC	C	0.1%	0.47%	0.1%
PAYX	C	0.49%	0.49%	0.49%
PEG	A	0.69%	0.47%	0.47%
PEP	F	1.1%	0.45%	0.45%
PKG	A	0.1%	0.51%	0.1%
PPG	F	0.15%	0.43%	0.15%
RMD	C	0.17%	0.22%	0.17%
SRE	A	0.93%	0.49%	0.49%
TJX	A	2.03%	0.55%	0.55%
V	A	4.5%	0.65%	0.65%
VRTX	F	0.62%	0.64%	0.62%
WAT	B	0.13%	0.15%	0.13%

QUAL Overweight 89 Positions Relative to PALC

Symbol	Grade	Weight
NVDA	C	6.93%
AAPL	C	5.44%
MSFT	F	4.5%
META	D	4.09%
LLY	F	3.42%
UNH	C	2.81%
GOOGL	C	1.77%
ADBE	C	1.76%
NFLX	A	1.76%
COP	C	1.73%
ACN	C	1.67%
GOOG	C	1.55%
NKE	D	1.41%
CAT	B	1.4%
TXN	C	1.34%
CMG	B	1.26%
AMAT	F	1.17%
QCOM	F	1.15%
BLK	C	0.99%
SLB	C	0.89%
KLAC	D	0.77%
ANET	C	0.73%
LRCX	F	0.73%
PLD	D	0.71%
DHI	D	0.7%
LULU	C	0.66%
GWW	B	0.59%
CDNS	B	0.58%
TPL	A	0.58%
SHW	A	0.57%
PSA	D	0.55%
MCO	B	0.53%
NVR	D	0.52%
SNPS	B	0.51%
ZTS	D	0.51%
APH	A	0.5%
MMM	D	0.5%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
FAST	B	0.42%
CBRE	B	0.35%
ODFL	B	0.34%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	D	0.26%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
VLTO	D	0.21%
MNST	C	0.21%
NTAP	C	0.21%
MANH	D	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	B	0.18%
EME	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
HSY	F	0.15%
KEYS	A	0.15%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	D	0.12%
GGG	B	0.11%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 147 Positions Relative to PALC

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%
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%
TMUS	B	-0.72%
BA	F	-0.7%
HCA	F	-0.69%
BRK.A	B	-0.69%
ORLY	B	-0.69%
MSCI	C	-0.65%
MAR	B	-0.65%
FI	A	-0.64%
VRSN	F	-0.63%
KMI	A	-0.61%
RSG	A	-0.6%
L	A	-0.6%
WMB	A	-0.59%
WMT	A	-0.59%
HON	B	-0.58%
FTNT	C	-0.57%
FICO	B	-0.57%
MSI	B	-0.56%
AZO	C	-0.55%
CMS	C	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
PG	A	-0.54%
IEX	B	-0.53%
ROP	B	-0.53%
CB	C	-0.51%
HIG	B	-0.5%
ICE	C	-0.5%
PRU	A	-0.5%
COR	B	-0.49%
PFG	D	-0.49%
WM	A	-0.49%
CL	D	-0.49%
CSX	B	-0.48%
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%
BRO	B	-0.47%
SPGI	C	-0.47%
BR	A	-0.46%
UNP	C	-0.46%
GD	F	-0.46%
WEC	A	-0.45%
ABT	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%
MDLZ	F	-0.43%
KDP	D	-0.42%
KMB	D	-0.42%
SYY	B	-0.41%
HOLX	D	-0.41%
NEM	D	-0.39%
GIS	D	-0.39%
ABBV	D	-0.38%
LYB	F	-0.37%
DOW	F	-0.35%
TFC	A	-0.34%
CPRT	A	-0.34%
SPG	B	-0.34%
CCI	D	-0.33%
REGN	F	-0.33%
ELV	F	-0.32%
SBAC	D	-0.31%
LHX	C	-0.31%
HPQ	B	-0.3%
CHTR	C	-0.29%
CAH	B	-0.26%
F	C	-0.26%
RCL	A	-0.25%
TTWO	A	-0.24%
PCG	A	-0.24%
TRGP	B	-0.23%
MTD	D	-0.23%
XYL	D	-0.23%
LYV	A	-0.2%
STT	A	-0.18%
EIX	B	-0.18%
MAS	D	-0.17%
BIIB	F	-0.15%
HUBB	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%
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%