GLBL vs. FVAL ETF Comparison

Comparison of Pacer MSCI World Industry Advantage ETF (GLBL) to Fidelity Value Factor ETF (FVAL)

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$63.69

Average Daily Volume

81,730

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	GLBL	FVAL
30 Days	3.25%	4.00%
60 Days	4.07%	5.45%
90 Days		7.75%
12 Months		29.12%

50 Overlapping Holdings

Symbol	Grade	Weight in GLBL	Weight in FVAL	Overlap
AAPL	B	4.78%	6.68%	4.78%
ACI	C	0.02%	0.34%	0.02%
ACN	B	0.68%	1.15%	0.68%
AGCO	D	0.02%	0.38%	0.02%
AMZN	C	5.39%	3.88%	3.88%
ARE	D	0.05%	0.16%	0.05%
AXP	A	0.55%	0.83%	0.55%
BRK.A	B	2.0%	2.07%	2.0%
BXP	D	0.04%	0.18%	0.04%
CI	D	0.31%	0.81%	0.31%
CMCSA	C	0.53%	0.61%	0.53%
CNC	F	0.1%	0.54%	0.1%
COF	B	0.21%	0.72%	0.21%
CRM	B	1.0%	1.46%	1.0%
CTSH	B	0.13%	0.76%	0.13%
CVS	D	0.23%	0.71%	0.23%
DFS	B	0.12%	0.68%	0.12%
EBAY	C	0.1%	0.51%	0.1%
ELV	F	0.28%	0.67%	0.28%
EXPE	B	0.08%	0.66%	0.08%
GLPI	B	0.05%	0.16%	0.05%
GOOGL	C	3.26%	3.72%	3.26%
HD	A	1.23%	1.22%	1.22%
HPE	B	0.09%	0.81%	0.09%
HST	C	0.04%	0.17%	0.04%
IBM	C	0.61%	1.09%	0.61%
INTC	C	0.32%	0.77%	0.32%
KR	A	0.12%	0.43%	0.12%
LVS	C	0.06%	0.55%	0.06%
MCD	D	0.69%	0.84%	0.69%
META	D	3.89%	2.55%	2.55%
MSFT	D	4.63%	6.37%	4.63%
MU	D	0.35%	0.85%	0.35%
NVDA	C	5.43%	7.33%	5.43%
O	D	0.16%	0.23%	0.16%
PARA	C	0.02%	0.28%	0.02%
PLD	D	0.33%	0.32%	0.32%
PSA	C	0.16%	0.25%	0.16%
QCOM	F	0.55%	1.0%	0.55%
SPG	C	0.17%	0.27%	0.17%
SWKS	F	0.04%	0.56%	0.04%
SYF	A	0.08%	0.67%	0.08%
TGT	F	0.17%	0.48%	0.17%
UNH	B	1.71%	1.69%	1.69%
V	A	1.53%	1.44%	1.44%
VICI	C	0.11%	0.2%	0.11%
WMT	B	1.22%	1.07%	1.07%
WPC	D	0.04%	0.16%	0.04%
WYNN	D	0.02%	0.5%	0.02%
ZM	B	0.06%	0.98%	0.06%

GLBL Overweight 230 Positions Relative to FVAL

Symbol	Grade	Weight
GOOG	C	2.82%
AVGO	D	2.28%
MA	B	1.34%
COST	B	1.32%
NFLX	B	1.26%
ORCL	C	1.0%
NOW	B	0.73%
CSCO	A	0.72%
ADBE	C	0.71%
AMD	F	0.69%
DIS	B	0.65%
ABT	B	0.63%
ISRG	C	0.58%
TM	D	0.56%
TXN	D	0.56%
GS	B	0.55%
INTU	C	0.54%
LOW	C	0.5%
MS	B	0.5%
BLK	C	0.49%
SPGI	C	0.48%
MELI	C	0.46%
UL	D	0.45%
AMAT	F	0.44%
TJX	A	0.43%
BSX	C	0.41%
SYK	C	0.41%
FI	A	0.41%
BX	B	0.4%
PLTR	B	0.4%
SCHW	A	0.38%
PANW	C	0.37%
SBUX	B	0.35%
ADI	D	0.35%
MDT	D	0.34%
LRCX	F	0.33%
ANET	C	0.32%
TD	F	0.31%
ICE	D	0.3%
AMT	D	0.29%
CDNS	B	0.29%
KKR	B	0.29%
KLAC	F	0.29%
MCK	C	0.29%
ORLY	B	0.28%
APH	B	0.27%
CME	A	0.27%
SNPS	B	0.26%
WELL	C	0.26%
PYPL	A	0.26%
CRWD	B	0.25%
CMG	B	0.25%
HCA	F	0.24%
MCO	A	0.23%
COIN	B	0.23%
APP	B	0.23%
MSI	C	0.23%
MRVL	B	0.23%
EQIX	A	0.22%
ADSK	B	0.22%
MSTR	C	0.22%
BDX	F	0.21%
ROP	B	0.2%
FTNT	C	0.2%
MAR	A	0.2%
AMP	B	0.2%
ABNB	C	0.19%
APO	A	0.19%
DLR	A	0.18%
TTD	B	0.18%
CNI	D	0.18%
HLT	A	0.18%
NXPI	D	0.18%
BK	A	0.18%
WDAY	C	0.18%
RCL	B	0.17%
DASH	A	0.16%
HUBS	B	0.16%
CCI	D	0.15%
SQ	B	0.15%
MSCI	C	0.14%
HUM	C	0.14%
TYL	A	0.14%
FIS	D	0.14%
YUM	B	0.13%
DELL	C	0.13%
DDOG	A	0.13%
EW	C	0.13%
ROST	C	0.13%
MPWR	F	0.13%
RJF	A	0.12%
COR	C	0.12%
TEAM	B	0.12%
EXR	C	0.12%
EA	C	0.12%
GEHC	F	0.12%
SYY	C	0.12%
SNOW	C	0.12%
HMC	F	0.12%
IT	C	0.12%
GLW	B	0.12%
MCHP	F	0.11%
AVB	B	0.11%
IRM	C	0.11%
HPQ	B	0.11%
NDAQ	A	0.11%
RMD	C	0.11%
ON	C	0.1%
IDXX	F	0.1%
VEEV	B	0.1%
CAH	B	0.09%
CPAY	A	0.09%
EQR	B	0.09%
NTAP	C	0.09%
TTWO	B	0.09%
DXCM	C	0.09%
PTC	A	0.09%
GDDY	B	0.09%
STT	A	0.09%
ZBRA	A	0.09%
NET	B	0.09%
CHTR	C	0.09%
LPLA	B	0.08%
VTR	D	0.08%
NTRS	A	0.08%
DRI	B	0.08%
CCL	B	0.08%
ZBH	C	0.08%
KEYS	B	0.08%
ANSS	B	0.08%
ULTA	F	0.08%
ARES	B	0.08%
GPN	C	0.08%
WSM	B	0.08%
CDW	F	0.08%
TROW	A	0.08%
MDB	C	0.07%
STX	D	0.07%
MOH	F	0.07%
OMC	C	0.07%
ESS	B	0.07%
WY	D	0.07%
WBD	C	0.07%
RBLX	C	0.07%
MAA	B	0.07%
PINS	F	0.06%
HOLX	D	0.06%
EPAM	C	0.06%
TDY	B	0.06%
DOCU	A	0.06%
FDS	B	0.06%
LH	B	0.06%
GPC	D	0.06%
FFIV	A	0.06%
HOOD	B	0.06%
SUI	D	0.06%
WDC	C	0.06%
SMCI	D	0.06%
BBY	D	0.06%
DKNG	C	0.06%
PODD	B	0.06%
BURL	B	0.06%
INVH	D	0.06%
TW	B	0.06%
TSCO	C	0.06%
MANH	C	0.06%
LYV	A	0.06%
DOC	C	0.05%
DKS	C	0.05%
TWLO	B	0.05%
UHS	D	0.05%
PSTG	D	0.05%
ENTG	D	0.05%
ZS	C	0.05%
DT	C	0.05%
GEN	A	0.05%
TER	F	0.05%
CBOE	B	0.05%
TRMB	B	0.05%
STE	F	0.05%
TOST	B	0.05%
SBAC	D	0.05%
DPZ	C	0.05%
DG	F	0.05%
ALGN	D	0.05%
KIM	A	0.05%
BAX	F	0.05%
SNAP	C	0.04%
REG	B	0.04%
LKQ	D	0.04%
AMH	C	0.04%
CG	B	0.04%
KMX	B	0.04%
H	A	0.04%
IOT	B	0.04%
DVA	B	0.04%
DGX	B	0.04%
JKHY	D	0.04%
AKAM	F	0.04%
UDR	B	0.04%
POOL	C	0.04%
VRSN	F	0.04%
FSLR	F	0.04%
EQH	B	0.04%
TFX	F	0.04%
DLTR	D	0.04%
MGM	F	0.03%
CPT	B	0.03%
CRBG	B	0.03%
ENPH	F	0.03%
JBL	C	0.03%
MKTX	D	0.03%
SOLV	C	0.03%
FOXA	C	0.03%
ROKU	D	0.03%
ELS	C	0.03%
ALLY	C	0.03%
IPG	C	0.03%
JNPR	F	0.03%
NWSA	B	0.03%
OKTA	C	0.03%
HSIC	B	0.03%
QRVO	F	0.02%
SEIC	A	0.02%
WBA	D	0.02%
FOX	B	0.02%
BEN	C	0.02%
MTCH	F	0.02%
BBWI	C	0.02%
BSY	D	0.02%

GLBL Underweight 74 Positions Relative to FVAL

Symbol	Grade	Weight
JPM	B	-1.84%
JNJ	D	-1.31%
XOM	C	-1.14%
BAC	A	-1.13%
ABBV	D	-1.11%
WFC	A	-1.08%
PG	A	-1.08%
MRK	F	-1.01%
BMY	B	-0.98%
GILD	B	-0.97%
BKNG	B	-0.87%
UAL	B	-0.84%
CAT	B	-0.77%
C	A	-0.74%
TRV	B	-0.68%
HON	B	-0.68%
GM	B	-0.67%
CVX	B	-0.67%
DAL	B	-0.64%
ADP	B	-0.64%
T	A	-0.62%
VZ	B	-0.61%
RPRX	D	-0.61%
UNP	C	-0.61%
DE	B	-0.59%
JXN	B	-0.56%
LMT	D	-0.56%
PRU	A	-0.56%
UPS	C	-0.55%
MO	A	-0.55%
RNR	C	-0.54%
LIN	D	-0.53%
PCAR	B	-0.53%
KVUE	A	-0.52%
CMI	A	-0.52%
F	C	-0.51%
OZK	B	-0.51%
EG	C	-0.5%
MMM	D	-0.5%
G	B	-0.49%
FDX	B	-0.48%
NEE	D	-0.46%
RHI	C	-0.44%
OC	B	-0.42%
KMB	C	-0.41%
COP	D	-0.4%
M	D	-0.39%
ADM	F	-0.35%
DUK	C	-0.34%
BG	F	-0.32%
EOG	C	-0.31%
PCG	B	-0.29%
EXC	D	-0.26%
ATKR	C	-0.26%
NRG	C	-0.26%
AEP	D	-0.26%
FCX	F	-0.24%
MPC	F	-0.24%
CBRE	B	-0.23%
VLO	C	-0.22%
NFG	B	-0.2%
NUE	D	-0.19%
NEM	F	-0.19%
DVN	F	-0.18%
CF	B	-0.18%
STLD	B	-0.18%
UGI	A	-0.18%
JLL	B	-0.17%
DOW	F	-0.16%
LYB	F	-0.15%
CIVI	D	-0.13%
MOS	F	-0.13%
MUR	F	-0.13%
CLF	F	-0.11%