FNCL vs. PALC ETF Comparison

Comparison of Fidelity MSCI Financials Index ETF (FNCL) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

FNCL

Fidelity MSCI Financials Index ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.30

Average Daily Volume

84,521

Number of Holdings ^*

374

* 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

$49.30

Average Daily Volume

43,568

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	FNCL	PALC
30 Days	4.30%	2.58%
60 Days	5.84%	2.03%
90 Days	11.19%	0.55%
12 Months	34.97%	29.06%

29 Overlapping Holdings

Symbol	Grade	Weight in FNCL	Weight in PALC	Overlap
ACGL	C	0.58%	0.21%	0.21%
AFL	C	0.82%	0.53%	0.53%
AIG	D	0.68%	0.53%	0.53%
AJG	D	0.91%	0.55%	0.55%
AMP	A	0.61%	0.86%	0.61%
BK	B	0.71%	0.57%	0.57%
BRK.A	C	8.46%	0.8%	0.8%
BRO	C	0.34%	0.52%	0.34%
CB	B	1.55%	0.6%	0.6%
CBOE	C	0.31%	0.5%	0.31%
CINF	C	0.3%	0.1%	0.1%
CME	C	1.11%	0.58%	0.58%
EG	C	0.23%	0.08%	0.08%
HIG	B	0.48%	0.58%	0.48%
ICE	C	1.29%	0.6%	0.6%
JKHY	B	0.18%	0.06%	0.06%
JPM	D	8.39%	0.54%	0.54%
L	C	0.21%	0.67%	0.21%
MA	B	5.71%	2.97%	2.97%
MCO	B	1.11%	0.34%	0.34%
MET	B	0.64%	0.54%	0.54%
MKTX	C	0.14%	0.04%	0.04%
MMC	C	1.59%	0.68%	0.68%
PFG	B	0.26%	0.52%	0.26%
PGR	B	2.06%	0.72%	0.72%
PRU	C	0.59%	0.54%	0.54%
SPGI	B	2.33%	0.57%	0.57%
TROW	D	0.33%	0.1%	0.1%
V	C	6.31%	2.95%	2.95%

FNCL Overweight 345 Positions Relative to PALC

Symbol	Grade	Weight
BAC	D	3.87%
WFC	D	2.64%
GS	C	2.15%
AXP	B	2.06%
BLK	B	1.84%
MS	D	1.67%
C	D	1.55%
BX	B	1.44%
SCHW	D	1.35%
KKR	B	1.04%
PNC	B	1.0%
USB	B	0.99%
PYPL	B	0.97%
AON	B	0.95%
TFC	C	0.79%
TRV	C	0.75%
COF	B	0.74%
ALL	B	0.69%
FIS	B	0.66%
MSCI	C	0.63%
APO	C	0.61%
SQ	D	0.5%
DFS	C	0.46%
NDAQ	A	0.44%
WTW	C	0.42%
COIN	F	0.42%
FITB	B	0.4%
MTB	B	0.39%
GPN	D	0.39%
ARES	B	0.37%
STT	B	0.35%
RJF	C	0.32%
RF	B	0.29%
CPAY	B	0.29%
HBAN	B	0.29%
MKL	C	0.28%
SYF	C	0.26%
CFG	C	0.26%
FCNCA	D	0.26%
WRB	C	0.25%
NTRS	A	0.25%
FDS	C	0.23%
LPLA	D	0.22%
FNF	B	0.21%
KEY	B	0.21%
RGA	C	0.2%
TW	B	0.19%
RNR	C	0.19%
IBKR	B	0.18%
ERIE	B	0.18%
EQH	C	0.18%
EWBC	D	0.16%
AIZ	B	0.15%
HOOD	C	0.15%
AFRM	C	0.14%
AFG	B	0.14%
KNSL	C	0.14%
CG	D	0.13%
ALLY	F	0.13%
PRI	B	0.13%
ORI	B	0.13%
TOST	C	0.13%
JEF	B	0.13%
GL	C	0.13%
WAL	B	0.12%
FHN	D	0.12%
MORN	C	0.12%
EVR	A	0.12%
SF	A	0.12%
UNM	B	0.12%
CMA	B	0.11%
VOYA	B	0.11%
WBS	D	0.11%
HLI	B	0.11%
OWL	C	0.11%
WEX	C	0.11%
PB	B	0.1%
WTFC	C	0.1%
PNFP	B	0.1%
SSB	B	0.1%
BPOP	C	0.1%
SEIC	C	0.1%
AGNC	B	0.1%
CBSH	C	0.1%
SOFI	C	0.1%
RYAN	D	0.09%
CFR	C	0.09%
SNV	C	0.09%
AXS	B	0.09%
MTG	B	0.09%
ESNT	B	0.09%
FAF	B	0.09%
ZION	D	0.09%
AMG	C	0.08%
CADE	C	0.08%
OMF	D	0.08%
JXN	A	0.08%
BEN	F	0.08%
HLNE	B	0.08%
STWD	A	0.08%
COOP	C	0.08%
ONB	C	0.08%
RLI	B	0.08%
PFSI	C	0.07%
PIPR	B	0.07%
JHG	B	0.07%
UMBF	B	0.07%
LNC	D	0.07%
GBCI	B	0.07%
UBSI	B	0.07%
HOMB	B	0.07%
COLB	B	0.07%
RDN	C	0.07%
THG	B	0.07%
SIGI	D	0.07%
FNB	C	0.07%
IVZ	B	0.07%
TPG	B	0.06%
CNO	B	0.06%
ESGR	D	0.06%
MC	B	0.06%
SLM	D	0.06%
AGO	C	0.06%
HWC	D	0.06%
FFIN	B	0.06%
OZK	D	0.06%
FOUR	C	0.06%
EEFT	D	0.06%
WTM	D	0.06%
UCBI	B	0.05%
FBP	C	0.05%
AX	D	0.05%
BGC	B	0.05%
IBOC	D	0.05%
OSCR	B	0.05%
WD	B	0.05%
VLY	C	0.05%
SFBS	B	0.05%
ABCB	B	0.05%
KMPR	D	0.05%
HASI	C	0.05%
BKU	C	0.04%
UPST	C	0.04%
FHI	A	0.04%
VIRT	C	0.04%
PRK	C	0.04%
APAM	C	0.04%
PJT	B	0.04%
CBU	C	0.04%
FIBK	B	0.04%
CACC	F	0.04%
WAFD	C	0.04%
CATY	C	0.04%
WU	F	0.04%
BHF	F	0.04%
GNW	B	0.04%
BOKF	B	0.04%
EBC	B	0.04%
WSFS	D	0.04%
AUB	D	0.04%
TCBI	B	0.04%
BXMT	C	0.04%
FULT	D	0.04%
STEP	B	0.04%
FHB	D	0.04%
NMIH	B	0.04%
ASB	D	0.04%
TRMK	C	0.03%
WSBC	D	0.03%
BANC	B	0.03%
NATL	D	0.03%
EFSC	C	0.03%
STC	B	0.03%
BANR	B	0.03%
DFIN	B	0.03%
GSHD	C	0.03%
RNST	D	0.03%
OFG	C	0.03%
PRG	A	0.03%
FLYW	F	0.03%
NBTB	D	0.03%
IBTX	B	0.03%
MQ	F	0.03%
EVTC	D	0.03%
SBCF	C	0.03%
ENVA	C	0.03%
BANF	B	0.03%
TBBK	B	0.03%
PFS	B	0.03%
PPBI	D	0.03%
VCTR	B	0.03%
FRME	D	0.03%
SNEX	B	0.03%
PLMR	C	0.03%
CVBF	D	0.03%
ABR	B	0.03%
HTLF	B	0.03%
RKT	C	0.03%
FFBC	D	0.03%
INDB	C	0.03%
CNS	B	0.03%
SFNC	B	0.03%
BOH	D	0.03%
TOWN	B	0.03%
SRCE	D	0.02%
PEBO	C	0.02%
EFC	B	0.02%
BHLB	B	0.02%
EIG	C	0.02%
GABC	C	0.02%
SAFT	D	0.02%
NBHC	D	0.02%
LC	D	0.02%
NIC	C	0.02%
WABC	D	0.02%
VBTX	B	0.02%
ACT	B	0.02%
PMT	C	0.02%
QCRH	B	0.02%
CODI	D	0.02%
NAVI	C	0.02%
TCBK	D	0.02%
HMN	D	0.02%
SKWD	C	0.02%
LOB	B	0.02%
HTH	C	0.02%
VRTS	F	0.02%
ARI	F	0.02%
CUBI	F	0.02%
NNI	B	0.02%
RC	F	0.02%
HOPE	B	0.02%
SPNT	C	0.02%
SASR	B	0.02%
CHCO	B	0.02%
TRUP	C	0.02%
SYBT	A	0.02%
FBNC	B	0.02%
STBA	B	0.02%
LKFN	C	0.02%
CASH	B	0.02%
LADR	C	0.02%
BUSE	C	0.02%
FRHC	B	0.02%
MCY	D	0.02%
NWBI	C	0.02%
FCF	C	0.02%
FBK	B	0.02%
AGM	D	0.02%
PGC	C	0.01%
WRLD	D	0.01%
CLBK	C	0.01%
HAFC	C	0.01%
SPFI	B	0.01%
PAY	D	0.01%
HONE	C	0.01%
UFCS	D	0.01%
CCBG	B	0.01%
PX	C	0.01%
CTLP	F	0.01%
GSBC	D	0.01%
MCB	C	0.01%
NFBK	C	0.01%
SMBC	C	0.01%
NRDS	F	0.01%
BHB	A	0.01%
TIPT	B	0.01%
AMBC	D	0.01%
TRTX	C	0.01%
GDOT	C	0.01%
CAC	C	0.01%
MSBI	D	0.01%
LPRO	D	0.01%
FSBC	B	0.01%
WASH	B	0.01%
TRST	C	0.01%
THFF	B	0.01%
CCB	B	0.01%
EZPW	D	0.01%
EQBK	B	0.01%
TMP	C	0.01%
AMTB	D	0.01%
IIIV	D	0.01%
FMNB	B	0.01%
PRA	C	0.01%
EGBN	C	0.01%
TREE	C	0.01%
IMXI	D	0.01%
RBCAA	B	0.01%
KREF	B	0.01%
TFSL	C	0.01%
CPF	B	0.01%
CFFN	D	0.01%
PFBC	D	0.01%
AMAL	B	0.01%
UVE	C	0.01%
BFST	B	0.01%
FG	D	0.01%
CASS	C	0.01%
FCBC	A	0.01%
RPAY	F	0.01%
HTBK	C	0.01%
HFWA	C	0.01%
OSBC	C	0.01%
BFC	B	0.01%
BSIG	B	0.01%
MCBS	B	0.01%
PRAA	D	0.01%
HBNC	B	0.01%
FMBH	B	0.01%
BY	D	0.01%
AMSF	C	0.01%
MBWM	D	0.01%
CFB	D	0.01%
FBMS	B	0.01%
BHRB	C	0.01%
CTBI	B	0.01%
BRSP	D	0.01%
BRKL	C	0.01%
DX	B	0.01%
CMTG	D	0.01%
UWMC	D	0.01%
HCI	C	0.01%
OBK	D	0.01%
SBSI	B	0.01%
DCOM	B	0.01%
IBCP	B	0.01%
ECPG	D	0.01%
CNOB	B	0.01%
CNNE	D	0.01%
LMND	D	0.01%
UVSP	B	0.01%
MBIN	D	0.01%
RWT	B	0.01%
PFC	C	0.01%
OCFC	B	0.01%
AROW	D	0.0%
RILY	F	0.0%
CRD.B	C	0.0%
GCBC	D	0.0%
DHIL	C	0.0%
DGICA	B	0.0%
KRNY	C	0.0%
HBT	C	0.0%
HGTY	D	0.0%

FNCL Underweight 144 Positions Relative to PALC

Symbol	Grade	Weight
JNJ	C	-3.07%
PG	C	-2.57%
COST	B	-2.45%
AAPL	C	-2.2%
AVGO	C	-2.11%
MSFT	C	-1.99%
PEP	C	-1.68%
NFLX	B	-1.56%
CSCO	C	-1.54%
ADBE	F	-1.42%
ADP	B	-1.41%
LMT	C	-1.35%
TJX	B	-1.33%
ITW	C	-1.08%
MDLZ	B	-1.05%
QCOM	D	-0.99%
GE	B	-0.87%
CTAS	B	-0.87%
KMB	D	-0.81%
PAYX	C	-0.8%
CAT	B	-0.79%
INTU	C	-0.76%
KO	C	-0.74%
AMAT	D	-0.73%
RSG	D	-0.69%
TMUS	C	-0.69%
SYY	D	-0.68%
CL	D	-0.67%
WMT	C	-0.64%
EA	D	-0.64%
LIN	B	-0.62%
BR	D	-0.62%
OMC	B	-0.61%
PM	C	-0.61%
ATO	B	-0.6%
ROP	C	-0.6%
LYB	D	-0.6%
MCD	B	-0.6%
HON	D	-0.59%
HOLX	C	-0.59%
MSI	B	-0.58%
AVY	C	-0.58%
DUK	C	-0.57%
UNP	C	-0.57%
GD	B	-0.56%
YUM	D	-0.56%
REGN	C	-0.56%
KMI	B	-0.56%
WMB	B	-0.55%
CHD	D	-0.55%
OKE	B	-0.55%
KLAC	D	-0.54%
AME	C	-0.54%
SO	B	-0.54%
MDT	C	-0.54%
ED	C	-0.54%
KDP	B	-0.54%
PPL	C	-0.54%
ABT	C	-0.53%
FE	C	-0.53%
CMS	C	-0.53%
IEX	D	-0.53%
VRSN	D	-0.53%
MO	C	-0.53%
WM	D	-0.53%
WELL	C	-0.53%
ETR	B	-0.52%
DRI	B	-0.52%
PKG	B	-0.52%
CSX	D	-0.52%
OTIS	C	-0.52%
SRE	C	-0.52%
GIS	B	-0.52%
AVB	B	-0.52%
STZ	D	-0.52%
LNT	B	-0.52%
ABBV	C	-0.52%
PPG	D	-0.51%
NKE	D	-0.51%
PEG	C	-0.51%
WEC	C	-0.51%
ECL	B	-0.51%
DGX	B	-0.5%
ELV	C	-0.5%
PANW	D	-0.5%
EVRG	B	-0.49%
HLT	B	-0.49%
DOW	D	-0.47%
LRCX	F	-0.47%
SHW	B	-0.45%
MCK	F	-0.42%
ZTS	C	-0.37%
ADSK	C	-0.34%
EMR	D	-0.31%
MPC	F	-0.28%
IT	B	-0.27%
MCHP	F	-0.23%
ROST	C	-0.23%
GWW	B	-0.23%
FAST	C	-0.22%
TEL	D	-0.21%
CMI	C	-0.21%
IDXX	C	-0.21%
VLO	F	-0.2%
CNC	D	-0.2%
VRSK	D	-0.2%
KVUE	C	-0.2%
LEN	B	-0.2%
GEHC	C	-0.19%
A	C	-0.18%
ROK	D	-0.17%
MLM	D	-0.17%
CTSH	C	-0.16%
MNST	D	-0.16%
NVR	B	-0.15%
EBAY	B	-0.15%
VMC	D	-0.14%
DD	B	-0.14%
BALL	C	-0.13%
LULU	D	-0.13%
ADM	D	-0.13%
HSY	C	-0.13%
CDW	D	-0.13%
K	B	-0.12%
VLTO	C	-0.12%
BAX	C	-0.11%
CLX	C	-0.11%
KEYS	C	-0.11%
DECK	C	-0.11%
BLDR	C	-0.1%
STE	C	-0.1%
ULTA	D	-0.09%
EXPD	C	-0.09%
POOL	C	-0.08%
JBL	D	-0.07%
SWKS	D	-0.07%
CHRW	B	-0.06%
FFIV	B	-0.06%
APA	F	-0.05%
AOS	D	-0.05%
PAYC	D	-0.04%
BWA	D	-0.04%
SOLV	C	-0.04%
RL	C	-0.03%