FDRR vs. PALC ETF Comparison

Comparison of Fidelity Dividend ETF for Rising Rates (FDRR) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.29

Average Daily Volume

19,188

Number of Holdings ^*

101

* 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	FDRR	PALC
30 Days	1.87%	4.42%
60 Days	4.38%	6.04%
90 Days	5.21%	8.35%
12 Months	31.25%	36.24%

42 Overlapping Holdings

Symbol	Grade	Weight in FDRR	Weight in PALC	Overlap
ABBV	D	1.22%	0.38%	0.38%
APD	A	0.29%	0.42%	0.29%
BAC	A	1.39%	1.98%	1.39%
C	A	0.95%	1.01%	0.95%
CCI	D	0.25%	0.33%	0.25%
CME	A	0.79%	0.51%	0.51%
CSCO	B	1.44%	0.55%	0.55%
DOW	F	0.16%	0.35%	0.16%
DUK	C	0.33%	0.47%	0.33%
EA	A	0.61%	0.49%	0.49%
EIX	B	0.24%	0.18%	0.18%
F	C	0.58%	0.26%	0.26%
GS	A	1.23%	1.96%	1.23%
HON	B	0.82%	0.58%	0.58%
HPQ	B	1.21%	0.3%	0.3%
JNJ	D	1.35%	0.49%	0.49%
JPM	A	2.11%	3.26%	2.11%
KO	D	0.81%	0.56%	0.56%
LIN	D	0.54%	0.51%	0.51%
LMT	D	0.79%	0.44%	0.44%
LOW	D	0.95%	1.55%	0.95%
LYB	F	0.15%	0.37%	0.15%
MAR	B	0.75%	0.65%	0.65%
MCD	D	0.91%	2.85%	0.91%
MO	A	0.68%	1.39%	0.68%
MS	A	1.2%	1.36%	1.2%
NEE	D	0.48%	0.92%	0.48%
NEM	D	0.24%	0.39%	0.24%
OMC	C	0.53%	0.47%	0.47%
PEP	F	0.74%	0.45%	0.45%
PFE	D	0.88%	0.9%	0.88%
PG	A	1.13%	0.54%	0.54%
PM	B	0.89%	2.49%	0.89%
SBUX	A	0.79%	1.13%	0.79%
SO	D	0.36%	0.45%	0.36%
SPG	B	0.34%	0.34%	0.34%
TFC	A	0.85%	0.34%	0.34%
TJX	A	0.91%	0.55%	0.55%
TRGP	B	0.49%	0.23%	0.23%
UNP	C	0.7%	0.46%	0.46%
V	A	1.56%	0.65%	0.65%
WFC	A	1.37%	1.42%	1.37%

FDRR Overweight 59 Positions Relative to PALC

Symbol	Grade	Weight
NVDA	C	8.35%
AAPL	C	7.22%
MSFT	F	6.6%
AVGO	D	2.56%
LLY	F	1.82%
UNH	C	1.79%
TXN	C	1.5%
DELL	C	1.47%
HD	A	1.37%
IBM	C	1.34%
BX	A	1.09%
XOM	B	1.09%
BMY	B	1.01%
PNC	B	0.97%
MRK	F	0.97%
GE	D	0.96%
CAT	B	0.94%
GM	B	0.92%
RTX	C	0.92%
T	A	0.88%
USB	A	0.86%
VZ	C	0.78%
CMCSA	B	0.74%
CVX	A	0.71%
DE	A	0.68%
TKO	B	0.68%
BBY	D	0.67%
FOXA	B	0.67%
CVS	D	0.65%
PCAR	B	0.62%
UPS	C	0.62%
NKE	D	0.56%
NWSA	B	0.55%
NYT	C	0.5%
GEV	B	0.44%
COP	C	0.43%
WMG	C	0.42%
NXST	C	0.42%
IPG	D	0.4%
EOG	A	0.36%
PLD	D	0.35%
PARA	C	0.34%
PSA	D	0.3%
D	C	0.27%
AEP	D	0.27%
FCX	D	0.25%
OHI	C	0.25%
EXC	C	0.24%
VICI	C	0.24%
IP	B	0.24%
DVN	F	0.21%
GLPI	C	0.21%
WY	D	0.2%
WPC	D	0.18%
IFF	D	0.17%
AMCR	D	0.16%
WBA	F	0.15%
CIVI	D	0.15%
MOS	F	0.12%

FDRR Underweight 139 Positions Relative to PALC

Symbol	Grade	Weight
TSLA	B	-3.78%
ORCL	B	-2.07%
AMGN	D	-1.64%
BKNG	A	-1.25%
MCK	B	-1.17%
OKE	A	-1.07%
HLT	A	-1.04%
AON	A	-1.03%
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%
VRTX	F	-0.64%
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%
FTNT	C	-0.57%
FICO	B	-0.57%
MMC	B	-0.56%
MSI	B	-0.56%
ATO	A	-0.55%
AZO	C	-0.55%
CMS	C	-0.55%
ITW	B	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
IEX	B	-0.53%
ROP	B	-0.53%
ADP	B	-0.52%
CB	C	-0.51%
PKG	A	-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%
PAYX	C	-0.49%
CTAS	B	-0.49%
CL	D	-0.49%
SRE	A	-0.49%
CSX	B	-0.48%
WELL	A	-0.48%
CHD	B	-0.48%
COST	B	-0.48%
DRI	B	-0.48%
PPL	B	-0.48%
AJG	B	-0.47%
AIG	B	-0.47%
PEG	A	-0.47%
BRO	B	-0.47%
SPGI	C	-0.47%
AVY	D	-0.46%
BR	A	-0.46%
AFL	B	-0.46%
GD	F	-0.46%
WEC	A	-0.45%
ABT	B	-0.45%
AVB	B	-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%
PPG	F	-0.43%
MDLZ	F	-0.43%
KDP	D	-0.42%
ED	D	-0.42%
KMB	D	-0.42%
SYY	B	-0.41%
HOLX	D	-0.41%
CBOE	B	-0.4%
GIS	D	-0.39%
CPRT	A	-0.34%
REGN	F	-0.33%
ELV	F	-0.32%
SBAC	D	-0.31%
LHX	C	-0.31%
CHTR	C	-0.29%
CAH	B	-0.26%
RCL	A	-0.25%
TTWO	A	-0.24%
PCG	A	-0.24%
MTD	D	-0.23%
XYL	D	-0.23%
RMD	C	-0.22%
LYV	A	-0.2%
STT	A	-0.18%
MAS	D	-0.17%
BIIB	F	-0.15%
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%