FQAL vs. PWS ETF Comparison

Comparison of Fidelity Quality Factor ETF (FQAL) to Pacer WealthShield ETF (PWS)

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

$67.46

Average Daily Volume

29,959

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

PWS

Pacer WealthShield ETF

PWS Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer WealthShield Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in (i) the component securities of the index or (ii) ETFs that seek to track the performance of some or all of the component securities of the index in the same approximate weight as such component securities. The index utilizes a systematic risk management strategy that directs the index's exposure to U.S. equity securities, U.S. Treasury securities, or a mix of each. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.36

Average Daily Volume

1,866

Number of Holdings ^*

217

* may have additional holdings in another (foreign) market

Performance

Period	FQAL	PWS
30 Days	3.23%	5.24%
60 Days	4.16%	-0.79%
90 Days	6.32%	1.42%
12 Months	31.11%	21.63%

49 Overlapping Holdings

Symbol	Grade	Weight in FQAL	Weight in PWS	Overlap
AAPL	B	6.62%	4.27%	4.27%
ABNB	C	0.75%	0.24%	0.24%
ACN	B	1.05%	0.27%	0.27%
ADBE	C	0.97%	0.27%	0.27%
AMAT	F	0.77%	0.17%	0.17%
AMT	D	0.27%	1.66%	0.27%
AVB	B	0.19%	0.57%	0.19%
AVGO	D	2.0%	0.93%	0.93%
AZO	C	0.75%	0.21%	0.21%
BKNG	B	1.21%	0.68%	0.68%
CEG	D	0.36%	1.2%	0.36%
CL	D	0.36%	0.54%	0.36%
COST	B	1.01%	2.9%	1.01%
DPZ	C	0.69%	0.06%	0.06%
EQR	B	0.17%	0.45%	0.17%
ESS	B	0.16%	0.34%	0.16%
EXR	C	0.19%	0.62%	0.19%
FICO	B	0.96%	0.07%	0.07%
GRMN	A	0.86%	0.13%	0.13%
HD	A	1.5%	1.59%	1.5%
HSY	F	0.25%	0.18%	0.18%
KLAC	F	0.64%	0.1%	0.1%
KMB	C	0.31%	0.32%	0.31%
KO	D	0.66%	1.72%	0.66%
LOW	C	1.02%	0.6%	0.6%
LRCX	F	0.67%	0.11%	0.11%
MCD	D	1.11%	0.84%	0.84%
MDLZ	F	0.38%	0.61%	0.38%
MNST	B	0.31%	0.26%	0.26%
MO	A	0.44%	0.68%	0.44%
MSFT	D	6.3%	3.79%	3.79%
NEE	D	0.47%	2.58%	0.47%
NRG	C	0.27%	0.32%	0.27%
NVDA	C	7.24%	4.4%	4.4%
O	D	0.21%	0.88%	0.21%
ORLY	B	0.84%	0.28%	0.28%
PANW	C	0.96%	0.15%	0.15%
PG	A	0.98%	2.84%	0.98%
PLD	D	0.3%	1.88%	0.3%
PM	B	0.63%	1.43%	0.63%
PSA	C	0.23%	0.93%	0.23%
QCOM	F	0.91%	0.21%	0.21%
SBAC	D	0.16%	0.42%	0.16%
SO	D	0.36%	1.57%	0.36%
SPG	C	0.25%	0.98%	0.25%
VICI	C	0.18%	0.6%	0.18%
VST	B	0.43%	0.87%	0.43%
WEC	A	0.26%	0.51%	0.26%
YUM	B	0.72%	0.15%	0.15%

FQAL Overweight 75 Positions Relative to PWS

Symbol	Grade	Weight
GOOGL	C	3.69%
META	D	2.51%
LLY	F	1.72%
V	A	1.61%
MA	B	1.48%
JNJ	D	1.35%
XOM	C	1.16%
ABBV	D	1.14%
BX	B	1.05%
BMY	B	1.02%
PGR	A	1.0%
GILD	B	1.0%
NFLX	B	0.97%
AMP	B	0.92%
SPGI	C	0.92%
VRTX	D	0.86%
CME	A	0.85%
VEEV	B	0.84%
CPAY	A	0.82%
ZTS	D	0.81%
EWBC	B	0.78%
CAT	B	0.77%
CFR	B	0.77%
MCO	A	0.76%
MSCI	C	0.75%
JXN	B	0.74%
ACGL	D	0.71%
CBSH	B	0.71%
CVX	B	0.68%
IDXX	F	0.67%
KNSL	B	0.65%
QLYS	C	0.64%
ADP	B	0.64%
WSM	B	0.63%
UNP	C	0.61%
MTD	F	0.58%
MEDP	F	0.57%
T	A	0.57%
LMT	D	0.56%
VZ	B	0.56%
CTAS	B	0.55%
GWW	A	0.55%
ITW	A	0.54%
FAST	B	0.53%
AME	A	0.52%
LIN	D	0.52%
MMM	D	0.5%
TDG	D	0.49%
CSX	B	0.49%
PAYX	B	0.49%
CPRT	A	0.48%
VRSK	A	0.46%
OTIS	C	0.45%
ODFL	B	0.45%
COP	D	0.41%
TTD	B	0.41%
WMB	B	0.34%
EOG	C	0.32%
TPL	B	0.31%
SHW	A	0.3%
LNG	B	0.28%
FCX	F	0.24%
ECL	D	0.24%
NFG	B	0.2%
AM	B	0.19%
UGI	A	0.19%
MLM	B	0.19%
WHD	A	0.18%
NUE	D	0.18%
RS	B	0.17%
CF	B	0.17%
EXP	B	0.16%
RGLD	D	0.15%
AVY	D	0.15%
GLPI	B	0.14%

FQAL Underweight 168 Positions Relative to PWS

Symbol	Grade	Weight
AMZN	C	-7.58%
TSLA	B	-3.8%
WMT	B	-2.67%
PEP	F	-1.54%
EQIX	A	-1.54%
DUK	C	-1.43%
WELL	C	-1.41%
DLR	A	-1.01%
SRE	A	-0.96%
AEP	D	-0.84%
CCI	D	-0.8%
D	C	-0.79%
PEG	A	-0.74%
PCG	B	-0.74%
CBRE	B	-0.7%
XEL	A	-0.64%
EXC	D	-0.63%
IRM	C	-0.6%
CSGP	C	-0.55%
ED	D	-0.55%
TJX	A	-0.54%
EIX	A	-0.54%
ETR	B	-0.53%
VTR	D	-0.47%
SBUX	B	-0.45%
AWK	D	-0.44%
PPL	B	-0.41%
DTE	C	-0.41%
TGT	F	-0.4%
AEE	A	-0.4%
CRM	B	-0.39%
WY	D	-0.39%
ORCL	C	-0.37%
ATO	A	-0.37%
ES	D	-0.36%
FE	D	-0.35%
NKE	F	-0.35%
INVH	D	-0.34%
MAA	B	-0.33%
CNP	A	-0.33%
CMS	C	-0.33%
KVUE	A	-0.32%
CMG	B	-0.32%
KIM	A	-0.3%
ARE	D	-0.29%
CSCO	A	-0.28%
KR	A	-0.27%
NI	A	-0.27%
AMD	F	-0.27%
KDP	D	-0.26%
LNT	A	-0.26%
MAR	A	-0.26%
NOW	B	-0.26%
STZ	D	-0.26%
DOC	C	-0.26%
GIS	D	-0.25%
SYY	C	-0.25%
EVRG	A	-0.24%
IBM	C	-0.24%
GM	B	-0.24%
HLT	A	-0.24%
UDR	B	-0.23%
TXN	D	-0.22%
INTU	C	-0.22%
RCL	B	-0.22%
CPT	B	-0.22%
REG	B	-0.21%
HST	C	-0.21%
BXP	D	-0.2%
DHI	D	-0.19%
CHD	B	-0.19%
KHC	D	-0.19%
ADM	F	-0.18%
ROST	C	-0.18%
F	C	-0.17%
PNW	B	-0.17%
LEN	C	-0.16%
CLX	C	-0.15%
FRT	A	-0.15%
K	A	-0.15%
PLTR	B	-0.15%
AES	F	-0.15%
MKC	D	-0.14%
LULU	C	-0.14%
TSN	B	-0.13%
ADI	D	-0.13%
MU	D	-0.13%
TSCO	C	-0.12%
EBAY	C	-0.12%
ANET	C	-0.12%
INTC	C	-0.12%
PHM	C	-0.11%
DECK	A	-0.11%
EL	F	-0.11%
DG	F	-0.11%
CRWD	B	-0.1%
SNPS	B	-0.1%
CCL	B	-0.1%
MSI	C	-0.1%
CDNS	B	-0.1%
APH	B	-0.1%
BG	F	-0.09%
EXPE	B	-0.09%
DLTR	D	-0.09%
NVR	D	-0.09%
CAG	D	-0.09%
DRI	B	-0.08%
LW	C	-0.08%
ADSK	B	-0.08%
SJM	D	-0.08%
ULTA	F	-0.07%
GPC	D	-0.07%
BBY	D	-0.07%
NXPI	D	-0.07%
LVS	C	-0.07%
ROP	B	-0.07%
FTNT	C	-0.07%
TAP	C	-0.07%
APTV	F	-0.06%
CPB	D	-0.06%
HRL	D	-0.06%
NCLH	B	-0.05%
DELL	C	-0.05%
CTSH	B	-0.05%
KMX	B	-0.05%
IT	C	-0.05%
TPR	A	-0.05%
POOL	C	-0.05%
KEYS	B	-0.04%
ANSS	B	-0.04%
LKQ	D	-0.04%
WBA	D	-0.04%
MCHP	F	-0.04%
HPQ	B	-0.04%
GLW	B	-0.04%
WDC	C	-0.03%
TDY	B	-0.03%
PTC	A	-0.03%
MHK	D	-0.03%
CDW	F	-0.03%
TYL	A	-0.03%
BWA	C	-0.03%
NTAP	C	-0.03%
HAS	D	-0.03%
GDDY	B	-0.03%
CZR	D	-0.03%
RL	B	-0.03%
HPE	B	-0.03%
MPWR	F	-0.03%
WYNN	D	-0.03%
MGM	F	-0.03%
ON	C	-0.03%
SMCI	D	-0.02%
SWKS	F	-0.02%
AKAM	F	-0.02%
EPAM	C	-0.02%
FFIV	A	-0.02%
JBL	C	-0.02%
VRSN	F	-0.02%
GEN	A	-0.02%
TER	F	-0.02%
TRMB	B	-0.02%
FSLR	F	-0.02%
ZBRA	A	-0.02%
STX	D	-0.02%
QRVO	F	-0.01%
ENPH	F	-0.01%
JNPR	F	-0.01%