SZNE vs. USMV ETF Comparison

Comparison of Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) to iShares MSCI USA Minimum Volatility ETF (USMV)

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) 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 its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.91

Average Daily Volume

3,448

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	SZNE	USMV
30 Days	2.64%	1.70%
60 Days	0.15%	2.42%
90 Days	0.62%	4.02%
12 Months	17.34%	25.63%

64 Overlapping Holdings

Symbol	Grade	Weight in SZNE	Weight in USMV	Overlap
AAPL	C	0.35%	0.99%	0.35%
ACN	C	0.36%	1.29%	0.36%
ADI	D	0.32%	0.23%	0.23%
ADP	B	0.32%	0.09%	0.09%
AKAM	D	0.31%	0.39%	0.31%
AMZN	C	0.52%	0.14%	0.14%
ANET	C	0.37%	0.29%	0.29%
APH	A	0.38%	1.44%	0.38%
AVGO	D	0.33%	1.19%	0.33%
AZO	C	0.46%	0.98%	0.46%
BR	A	0.32%	0.05%	0.05%
CDNS	B	0.39%	0.18%	0.18%
CDW	F	0.27%	0.35%	0.27%
CRM	B	0.44%	0.05%	0.05%
CRWD	B	0.46%	0.19%	0.19%
CSCO	B	0.4%	1.47%	0.4%
CTSH	B	0.34%	0.76%	0.34%
CTVA	C	0.9%	0.38%	0.38%
DELL	C	0.4%	0.12%	0.12%
DPZ	C	0.51%	0.19%	0.19%
FFIV	B	0.4%	0.55%	0.4%
FICO	B	0.43%	0.59%	0.43%
FSLR	F	0.28%	0.06%	0.06%
GD	F	0.28%	0.05%	0.05%
GDDY	A	0.43%	1.0%	0.43%
GEN	B	0.38%	0.35%	0.35%
GLW	B	0.38%	0.31%	0.31%
GRMN	B	0.57%	0.33%	0.33%
HD	A	0.5%	0.3%	0.3%
HON	B	0.34%	0.25%	0.25%
IBM	C	0.35%	1.66%	0.35%
IT	C	0.35%	0.35%	0.35%
JNPR	F	0.32%	0.45%	0.32%
KEYS	A	0.38%	0.55%	0.38%
LIN	D	0.83%	0.16%	0.16%
LMT	D	0.28%	0.82%	0.28%
MCD	D	0.47%	1.25%	0.47%
MSFT	F	0.33%	1.34%	0.33%
MSI	B	0.39%	1.81%	0.39%
NEM	D	0.69%	0.46%	0.46%
NOC	D	0.29%	1.43%	0.29%
NOW	A	0.4%	0.75%	0.4%
NTAP	C	0.36%	0.22%	0.22%
NVDA	C	0.42%	0.67%	0.42%
ORCL	B	0.4%	1.31%	0.4%
ORLY	B	0.5%	0.68%	0.5%
OTIS	C	0.32%	0.07%	0.07%
PKG	A	1.01%	0.2%	0.2%
PTC	A	0.37%	0.52%	0.37%
ROL	B	0.3%	0.36%	0.3%
ROP	B	0.34%	1.3%	0.34%
RSG	A	0.31%	1.55%	0.31%
RTX	C	0.3%	0.09%	0.09%
SNPS	B	0.38%	0.18%	0.18%
STX	D	0.33%	0.16%	0.16%
TDY	B	0.38%	0.57%	0.38%
TJX	A	0.47%	0.45%	0.45%
TXN	C	0.34%	1.39%	0.34%
UBER	D	0.29%	0.45%	0.29%
ULTA	F	0.43%	0.04%	0.04%
VRSK	A	0.32%	0.42%	0.32%
VRSN	F	0.34%	0.64%	0.34%
WM	A	0.32%	1.44%	0.32%
YUM	B	0.47%	0.5%	0.47%

SZNE Overweight 159 Positions Relative to USMV

Symbol	Grade	Weight
STLD	B	1.11%
ALB	C	1.09%
SW	A	1.08%
IP	B	1.05%
VMC	B	1.02%
APD	A	1.0%
CF	B	0.99%
MLM	B	0.98%
NUE	C	0.9%
FCX	D	0.89%
DD	D	0.87%
SHW	A	0.86%
EMN	D	0.85%
MOS	F	0.84%
PPG	F	0.83%
ECL	D	0.83%
AMCR	D	0.82%
BALL	D	0.79%
AVY	D	0.78%
FMC	D	0.78%
LYB	F	0.77%
DOW	F	0.76%
IFF	D	0.74%
TSLA	B	0.7%
CCL	B	0.69%
RCL	A	0.67%
NCLH	B	0.64%
EXPE	B	0.63%
TPR	B	0.61%
PLTR	B	0.6%
BKNG	A	0.6%
LVS	C	0.59%
UAL	A	0.57%
MAR	B	0.57%
GM	B	0.56%
ABNB	C	0.55%
HLT	A	0.55%
LULU	C	0.55%
WYNN	D	0.55%
DECK	A	0.54%
RL	B	0.54%
CE	F	0.51%
CMG	B	0.5%
POOL	C	0.49%
MGM	D	0.49%
BWA	D	0.49%
LOW	D	0.49%
F	C	0.48%
DRI	B	0.48%
AXON	A	0.48%
SBUX	A	0.47%
EBAY	D	0.46%
CZR	F	0.46%
GEV	B	0.46%
KMX	B	0.46%
NVR	D	0.45%
TSCO	D	0.45%
NKE	D	0.44%
DAL	C	0.43%
TRMB	B	0.43%
HAS	D	0.43%
ROST	C	0.43%
LEN	D	0.43%
LKQ	D	0.43%
PHM	D	0.43%
GPC	D	0.42%
INTC	D	0.42%
BBY	D	0.42%
FTNT	C	0.42%
HPE	B	0.42%
JBL	B	0.41%
MHK	D	0.41%
DHI	D	0.4%
ADSK	A	0.4%
EPAM	C	0.4%
DAY	B	0.39%
SNA	A	0.39%
GNRC	B	0.39%
PANW	C	0.39%
PAYC	B	0.39%
ZBRA	B	0.39%
HPQ	B	0.38%
EMR	A	0.38%
MU	D	0.37%
PWR	A	0.37%
ANSS	B	0.37%
HWM	A	0.37%
ETN	A	0.36%
GWW	B	0.36%
CMI	A	0.36%
APTV	D	0.36%
PH	A	0.36%
WAB	B	0.35%
AME	A	0.35%
PCAR	B	0.35%
TYL	B	0.35%
FAST	B	0.35%
URI	B	0.34%
WDC	D	0.34%
TT	A	0.34%
ODFL	B	0.34%
HUBB	B	0.34%
IEX	B	0.34%
J	F	0.34%
INTU	C	0.34%
IR	B	0.34%
PNR	A	0.34%
JCI	C	0.34%
CHRW	C	0.33%
NXPI	D	0.33%
CPRT	A	0.33%
LUV	C	0.33%
CAT	B	0.33%
QCOM	F	0.32%
NSC	B	0.32%
PAYX	C	0.32%
ITW	B	0.32%
ROK	B	0.32%
CTAS	B	0.32%
ON	D	0.32%
ADBE	C	0.32%
LHX	C	0.32%
JBHT	C	0.32%
DOV	A	0.32%
DE	A	0.31%
AMAT	F	0.31%
AMD	F	0.31%
FTV	C	0.31%
LRCX	F	0.31%
CSX	B	0.31%
UPS	C	0.31%
LDOS	C	0.31%
ALLE	D	0.3%
EXPD	D	0.3%
GE	D	0.3%
NDSN	B	0.3%
FDX	B	0.3%
BLDR	D	0.29%
UNP	C	0.29%
TDG	D	0.29%
MCHP	D	0.29%
KLAC	D	0.29%
VLTO	D	0.29%
MAS	D	0.29%
MMM	D	0.29%
CARR	D	0.29%
SWKS	F	0.28%
BA	F	0.28%
TXT	D	0.28%
XYL	D	0.28%
TER	D	0.27%
AOS	F	0.27%
EFX	F	0.25%
SWK	D	0.25%
HII	D	0.22%
QRVO	F	0.21%
MPWR	F	0.21%
ENPH	F	0.2%
SMCI	F	0.19%

SZNE Underweight 106 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
WMT	A	-1.78%
PGR	A	-1.67%
WCN	A	-1.56%
BRK.A	B	-1.55%
DUK	C	-1.49%
CB	C	-1.47%
VZ	C	-1.35%
SO	D	-1.35%
MCK	B	-1.35%
UNH	C	-1.34%
AJG	B	-1.27%
LLY	F	-1.25%
PG	A	-1.23%
JNJ	D	-1.18%
TRV	B	-1.15%
ED	D	-1.13%
MMC	B	-1.11%
ABBV	D	-1.04%
MRK	F	-1.01%
PEP	F	-1.01%
GILD	C	-0.94%
V	A	-0.9%
EA	A	-0.89%
FCNCA	A	-0.88%
CBOE	B	-0.85%
K	A	-0.8%
WEC	A	-0.78%
T	A	-0.74%
TSN	B	-0.71%
MA	C	-0.7%
VRTX	F	-0.69%
FI	A	-0.69%
ACGL	D	-0.68%
COR	B	-0.67%
GIS	D	-0.66%
KR	B	-0.61%
AMGN	D	-0.59%
REGN	F	-0.59%
KDP	D	-0.59%
BDX	F	-0.56%
FANG	D	-0.55%
MPC	D	-0.54%
INCY	C	-0.53%
AON	A	-0.53%
CME	A	-0.53%
ELV	F	-0.52%
BMY	B	-0.49%
XEL	A	-0.46%
XOM	B	-0.45%
MDLZ	F	-0.44%
WDAY	B	-0.43%
EG	C	-0.43%
ERIE	D	-0.42%
CL	D	-0.41%
CHD	B	-0.4%
HUM	C	-0.4%
BAH	F	-0.39%
CMCSA	B	-0.39%
AEP	D	-0.39%
KHC	F	-0.38%
WTW	B	-0.38%
AFG	A	-0.35%
CVX	A	-0.34%
MKL	A	-0.34%
CPB	D	-0.33%
AIZ	A	-0.32%
NBIX	C	-0.32%
WMB	A	-0.31%
WRB	A	-0.31%
FWONK	B	-0.31%
HSY	F	-0.3%
ICE	C	-0.28%
L	A	-0.28%
AEE	A	-0.24%
HUBS	A	-0.24%
D	C	-0.23%
AZPN	A	-0.23%
ALNY	D	-0.22%
BMRN	D	-0.22%
HRL	D	-0.21%
CI	F	-0.21%
KMB	D	-0.21%
TW	A	-0.2%
DTE	C	-0.2%
PFE	D	-0.2%
CMS	C	-0.19%
MELI	D	-0.18%
MOH	F	-0.18%
EOG	A	-0.17%
HOLX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
MDT	D	-0.13%
HIG	B	-0.12%
OXY	D	-0.12%
DGX	A	-0.11%
KO	D	-0.1%
LNT	A	-0.1%
ABT	B	-0.09%
TEL	B	-0.07%
ATO	A	-0.06%
PSX	C	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
CVS	D	-0.04%