FQAL vs. ALTL ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Pacer Lunt Large Cap Alternator ETF (ALTL)

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

ALTL

Pacer Lunt Large Cap Alternator ETF

ALTL Description

A strategy-driven large cap exchange traded fund (ETF) that seeks to track the investment returns of an index that alternates exposure between low volatility and high beta stocks in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$39.40

Average Daily Volume

32,904

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	ALTL
30 Days	2.60%	2.22%
60 Days	4.35%	3.27%
90 Days	5.86%	5.68%
12 Months	30.56%	19.87%

34 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in ALTL	Overlap
ADP	B	0.64%	1.1%	0.64%
AMP	A	0.92%	0.92%	0.92%
AVB	B	0.19%	0.91%	0.19%
AVY	D	0.15%	0.92%	0.15%
CL	D	0.36%	1.23%	0.36%
CME	A	0.85%	1.04%	0.85%
CSX	B	0.49%	0.85%	0.49%
CTAS	B	0.55%	0.94%	0.55%
CVX	A	0.68%	0.93%	0.68%
ECL	D	0.24%	0.91%	0.24%
ITW	B	0.54%	1.09%	0.54%
JNJ	D	1.35%	1.11%	1.11%
KMB	D	0.31%	0.98%	0.31%
KO	D	0.66%	1.37%	0.66%
LIN	D	0.52%	1.07%	0.52%
LMT	D	0.56%	1.04%	0.56%
MA	C	1.48%	1.12%	1.12%
MCD	D	1.11%	0.96%	0.96%
MDLZ	F	0.38%	0.99%	0.38%
MO	A	0.44%	0.93%	0.44%
O	D	0.21%	0.92%	0.21%
ORLY	B	0.84%	0.91%	0.84%
OTIS	C	0.45%	0.94%	0.45%
PAYX	C	0.49%	0.87%	0.49%
PG	A	0.98%	1.22%	0.98%
PM	B	0.63%	0.95%	0.63%
SO	D	0.36%	1.0%	0.36%
SPGI	C	0.92%	1.01%	0.92%
UNP	C	0.61%	0.91%	0.61%
V	A	1.61%	1.09%	1.09%
VICI	C	0.18%	0.92%	0.18%
WEC	A	0.26%	0.97%	0.26%
WMB	A	0.34%	0.98%	0.34%
YUM	B	0.72%	1.07%	0.72%

FQAL Overweight 90 Positions Relative to ALTL

Symbol	Grade	Weight
NVDA	C	7.24%
AAPL	C	6.62%
MSFT	F	6.3%
GOOGL	C	3.69%
META	D	2.51%
AVGO	D	2.0%
LLY	F	1.72%
HD	A	1.5%
BKNG	A	1.21%
XOM	B	1.16%
ABBV	D	1.14%
BX	A	1.05%
ACN	C	1.05%
BMY	B	1.02%
LOW	D	1.02%
COST	B	1.01%
PGR	A	1.0%
GILD	C	1.0%
ADBE	C	0.97%
NFLX	A	0.97%
FICO	B	0.96%
PANW	C	0.96%
QCOM	F	0.91%
VRTX	F	0.86%
GRMN	B	0.86%
VEEV	C	0.84%
CPAY	A	0.82%
ZTS	D	0.81%
EWBC	A	0.78%
CAT	B	0.77%
CFR	B	0.77%
AMAT	F	0.77%
MCO	B	0.76%
MSCI	C	0.75%
AZO	C	0.75%
ABNB	C	0.75%
JXN	C	0.74%
ACGL	D	0.71%
CBSH	A	0.71%
DPZ	C	0.69%
LRCX	F	0.67%
IDXX	F	0.67%
KNSL	B	0.65%
QLYS	C	0.64%
KLAC	D	0.64%
WSM	B	0.63%
MTD	D	0.58%
MEDP	D	0.57%
T	A	0.57%
VZ	C	0.56%
GWW	B	0.55%
FAST	B	0.53%
AME	A	0.52%
MMM	D	0.5%
TDG	D	0.49%
CPRT	A	0.48%
NEE	D	0.47%
VRSK	A	0.46%
ODFL	B	0.45%
VST	B	0.43%
COP	C	0.41%
TTD	B	0.41%
CEG	D	0.36%
EOG	A	0.32%
MNST	C	0.31%
TPL	A	0.31%
PLD	D	0.3%
SHW	A	0.3%
LNG	B	0.28%
NRG	B	0.27%
AMT	D	0.27%
SPG	B	0.25%
HSY	F	0.25%
FCX	D	0.24%
PSA	D	0.23%
NFG	A	0.2%
AM	A	0.19%
EXR	D	0.19%
UGI	A	0.19%
MLM	B	0.19%
WHD	B	0.18%
NUE	C	0.18%
RS	B	0.17%
EQR	B	0.17%
CF	B	0.17%
SBAC	D	0.16%
ESS	B	0.16%
EXP	A	0.16%
RGLD	C	0.15%
GLPI	C	0.14%

FQAL Underweight 66 Positions Relative to ALTL

Symbol	Grade	Weight
BRK.A	B	-1.31%
RSG	A	-1.22%
ATO	A	-1.21%
MMC	B	-1.17%
TMUS	B	-1.17%
L	A	-1.14%
HON	B	-1.1%
PPL	B	-1.09%
CHD	B	-1.07%
FI	A	-1.07%
MSI	B	-1.07%
DUK	C	-1.07%
ICE	C	-1.06%
KMI	A	-1.06%
LNT	A	-1.05%
NI	A	-1.04%
PEP	F	-1.04%
FE	C	-1.04%
EA	A	-1.03%
CMS	C	-1.03%
TJX	A	-1.03%
GD	F	-1.03%
PEG	A	-1.03%
BSX	B	-1.02%
EVRG	A	-1.02%
SRE	A	-1.01%
CB	C	-1.01%
ED	D	-1.0%
OKE	A	-0.98%
COR	B	-0.98%
BK	A	-0.98%
SYK	C	-0.97%
ROP	B	-0.97%
ABT	B	-0.97%
BR	A	-0.97%
KDP	D	-0.96%
WM	A	-0.96%
WTW	B	-0.95%
EIX	B	-0.95%
HOLX	D	-0.95%
RTX	C	-0.94%
AJG	B	-0.94%
WELL	A	-0.94%
HLT	A	-0.94%
STZ	D	-0.94%
NDAQ	A	-0.93%
PPG	F	-0.93%
VRSN	F	-0.93%
REG	B	-0.92%
WMT	A	-0.92%
MDT	D	-0.92%
BRO	B	-0.92%
PCG	A	-0.92%
LHX	C	-0.9%
LYB	F	-0.9%
PNW	B	-0.9%
DTE	C	-0.9%
HIG	B	-0.9%
AEP	D	-0.9%
FRT	B	-0.89%
JKHY	D	-0.89%
SYY	B	-0.89%
PKG	A	-0.88%
GIS	D	-0.88%
NOC	D	-0.87%
LDOS	C	-0.72%