FTA vs. PALC ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* 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	FTA	PALC
30 Days	4.88%	4.42%
60 Days	5.23%	6.04%
90 Days	6.80%	8.35%
12 Months	26.69%	36.24%

63 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in PALC	Overlap
AFL	B	0.5%	0.46%	0.46%
AIG	B	0.91%	0.47%	0.47%
AKAM	D	0.45%	0.09%	0.09%
APD	A	0.18%	0.42%	0.18%
ATO	A	0.73%	0.55%	0.55%
BAC	A	0.59%	1.98%	0.59%
BIIB	F	0.44%	0.15%	0.15%
C	A	0.76%	1.01%	0.76%
CB	C	0.7%	0.51%	0.51%
CHTR	C	0.62%	0.29%	0.29%
CMS	C	0.34%	0.55%	0.34%
CSCO	B	0.38%	0.55%	0.38%
CSX	B	0.36%	0.48%	0.36%
DGX	A	0.52%	0.44%	0.44%
DOW	F	0.42%	0.35%	0.35%
DRI	B	0.36%	0.48%	0.36%
DUK	C	0.49%	0.47%	0.47%
ED	D	0.64%	0.42%	0.42%
EIX	B	0.33%	0.18%	0.18%
ELV	F	0.27%	0.32%	0.27%
EQT	B	0.82%	0.13%	0.13%
ETR	B	0.78%	0.54%	0.54%
F	C	0.92%	0.26%	0.26%
FE	C	0.32%	0.54%	0.32%
GD	F	0.17%	0.46%	0.17%
GIS	D	0.31%	0.39%	0.31%
HIG	B	0.69%	0.5%	0.5%
HOLX	D	0.16%	0.41%	0.16%
HPQ	B	0.36%	0.3%	0.3%
IEX	B	0.18%	0.53%	0.18%
JNJ	D	0.33%	0.49%	0.33%
KDP	D	0.31%	0.42%	0.31%
KEY	B	0.4%	0.11%	0.11%
KMI	A	0.85%	0.61%	0.61%
L	A	0.74%	0.6%	0.6%
LH	C	0.18%	0.45%	0.18%
LHX	C	0.18%	0.31%	0.18%
LMT	D	0.16%	0.44%	0.16%
LNT	A	0.5%	0.45%	0.45%
LOW	D	0.17%	1.55%	0.17%
LYB	F	0.76%	0.37%	0.37%
MAS	D	0.16%	0.17%	0.16%
MDLZ	F	0.15%	0.43%	0.15%
MDT	D	0.16%	0.44%	0.16%
MS	A	0.65%	1.36%	0.65%
NDSN	B	0.17%	0.11%	0.11%
NI	A	0.53%	0.09%	0.09%
OKE	A	0.42%	1.07%	0.42%
OMC	C	0.17%	0.47%	0.17%
PEP	F	0.17%	0.45%	0.17%
PFG	D	0.17%	0.49%	0.17%
PKG	A	0.38%	0.51%	0.38%
PPG	F	0.33%	0.43%	0.33%
PPL	B	0.51%	0.48%	0.48%
PRU	A	0.36%	0.5%	0.36%
SBUX	A	0.17%	1.13%	0.17%
SRE	A	0.76%	0.49%	0.49%
STT	A	0.55%	0.18%	0.18%
STX	D	0.46%	0.13%	0.13%
SYY	B	0.49%	0.41%	0.41%
UAL	A	1.4%	0.15%	0.15%
WEC	A	0.35%	0.45%	0.35%
WFC	A	0.9%	1.42%	0.9%

FTA Overweight 123 Positions Relative to PALC

Symbol	Grade	Weight
SYF	B	1.14%
GM	B	1.13%
DAL	C	1.12%
PCAR	B	1.02%
FOXA	B	0.98%
EOG	A	0.97%
TROW	B	0.97%
STLD	B	0.96%
CVX	A	0.96%
CINF	A	0.96%
RS	B	0.94%
COP	C	0.94%
CTRA	B	0.93%
HPE	B	0.92%
HAL	C	0.91%
VLO	C	0.91%
CMCSA	B	0.91%
XOM	B	0.9%
T	A	0.89%
DVN	F	0.88%
PSX	C	0.87%
TOL	B	0.87%
COF	B	0.86%
OXY	D	0.86%
MPC	D	0.85%
NUE	C	0.85%
HBAN	A	0.84%
EG	C	0.82%
LNG	B	0.82%
CFG	B	0.8%
BG	F	0.8%
PHM	D	0.79%
LEN	D	0.79%
OC	A	0.78%
CVS	D	0.77%
ADM	D	0.77%
VTRS	A	0.76%
INTC	D	0.75%
FDX	B	0.75%
CRBG	B	0.74%
XEL	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
CTSH	B	0.73%
CNP	B	0.72%
AEE	A	0.72%
KR	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CF	B	0.7%
APTV	D	0.66%
EXC	C	0.66%
ON	D	0.65%
VZ	C	0.64%
DG	F	0.64%
SNA	A	0.63%
BKR	B	0.61%
MTB	A	0.61%
SWKS	F	0.6%
IP	B	0.6%
DHI	D	0.6%
RF	A	0.58%
FITB	A	0.57%
TDY	B	0.56%
LUV	C	0.56%
TRV	B	0.56%
USB	A	0.56%
CNC	D	0.55%
TXT	D	0.5%
D	C	0.5%
EQR	B	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	D	0.49%
HRL	D	0.49%
DTE	C	0.48%
CE	F	0.48%
BLDR	D	0.48%
DE	A	0.48%
AEP	D	0.47%
RJF	A	0.46%
KHC	F	0.46%
BBY	D	0.45%
ZM	B	0.42%
DIS	B	0.4%
PNC	B	0.39%
JBHT	C	0.38%
TSN	B	0.38%
NWSA	B	0.38%
RGA	A	0.37%
KIM	A	0.37%
SSNC	B	0.35%
FNF	B	0.34%
NVR	D	0.33%
DOC	D	0.33%
CARR	D	0.33%
HSY	F	0.33%
ARE	D	0.32%
GPC	D	0.31%
MOH	F	0.31%
HUM	C	0.31%
WLK	D	0.3%
PYPL	B	0.19%
CMI	A	0.19%
ODFL	B	0.19%
ACN	C	0.18%
WRB	A	0.18%
J	F	0.18%
KEYS	A	0.17%
UPS	C	0.17%
CTVA	C	0.17%
MAA	B	0.17%
HD	A	0.17%
CLX	B	0.17%
CPB	D	0.16%
WY	D	0.16%
EXPD	D	0.16%
DD	D	0.16%
CI	F	0.16%
FTV	C	0.16%
NKE	D	0.15%
AWK	D	0.15%
CAG	D	0.14%

FTA Underweight 118 Positions Relative to PALC

Symbol	Grade	Weight
TSLA	B	-3.78%
JPM	A	-3.26%
MCD	D	-2.85%
PM	B	-2.49%
ORCL	B	-2.07%
GS	A	-1.96%
AMGN	D	-1.64%
MO	A	-1.39%
BKNG	A	-1.25%
MCK	B	-1.17%
HLT	A	-1.04%
AON	A	-1.03%
NEE	D	-0.92%
PFE	D	-0.9%
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%
MAR	B	-0.65%
V	A	-0.65%
VRTX	F	-0.64%
FI	A	-0.64%
VRSN	F	-0.63%
AMP	A	-0.62%
RSG	A	-0.6%
WMB	A	-0.59%
WMT	A	-0.59%
MA	C	-0.58%
HON	B	-0.58%
FTNT	C	-0.57%
FICO	B	-0.57%
KO	D	-0.56%
MMC	B	-0.56%
MSI	B	-0.56%
AZO	C	-0.55%
ITW	B	-0.55%
TJX	A	-0.55%
PG	A	-0.54%
ROP	B	-0.53%
ADP	B	-0.52%
CME	A	-0.51%
LIN	D	-0.51%
ICE	C	-0.5%
COR	B	-0.49%
EA	A	-0.49%
WM	A	-0.49%
PAYX	C	-0.49%
CTAS	B	-0.49%
CL	D	-0.49%
WELL	A	-0.48%
CHD	B	-0.48%
COST	B	-0.48%
AJG	B	-0.47%
PEG	A	-0.47%
BRO	B	-0.47%
SPGI	C	-0.47%
AVY	D	-0.46%
BR	A	-0.46%
UNP	C	-0.46%
ABT	B	-0.45%
AVB	B	-0.45%
SO	D	-0.45%
EVRG	A	-0.44%
STZ	D	-0.44%
ECL	D	-0.44%
KMB	D	-0.42%
CBOE	B	-0.4%
NEM	D	-0.39%
ABBV	D	-0.38%
TFC	A	-0.34%
CPRT	A	-0.34%
SPG	B	-0.34%
CCI	D	-0.33%
REGN	F	-0.33%
SBAC	D	-0.31%
CAH	B	-0.26%
RCL	A	-0.25%
TTWO	A	-0.24%
PCG	A	-0.24%
TRGP	B	-0.23%
MTD	D	-0.23%
XYL	D	-0.23%
RMD	C	-0.22%
LYV	A	-0.2%
HUBB	B	-0.15%
WAT	B	-0.15%
DPZ	C	-0.14%
VTR	C	-0.14%
PTC	A	-0.13%
TRMB	B	-0.13%
AES	F	-0.12%
ES	D	-0.12%
CCL	B	-0.12%
NTRS	A	-0.11%
EL	F	-0.1%
WYNN	D	-0.1%
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%