GLBL vs. JPST ETF Comparison

Comparison of Pacer MSCI World Industry Advantage ETF (GLBL) to JPMorgan Ultra-Short Income ETF (JPST)

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

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

5,193,763

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	GLBL	JPST
30 Days	3.25%	0.31%
60 Days	4.07%	0.48%
90 Days		1.11%
12 Months		6.00%

28 Overlapping Holdings

Symbol	Grade	Weight in GLBL	Weight in JPST	Overlap
AAPL	C	4.65%	0.12%	0.12%
ABT	B	0.62%	0.01%	0.01%
ARES	A	0.08%	0.03%	0.03%
AXP	A	0.54%	0.01%	0.01%
BK	A	0.18%	0.01%	0.01%
BX	A	0.38%	0.07%	0.07%
CI	F	0.31%	0.08%	0.08%
COF	B	0.22%	0.04%	0.04%
DIS	B	0.58%	0.02%	0.02%
DT	C	0.05%	0.08%	0.05%
EQH	B	0.04%	0.35%	0.04%
GS	A	0.56%	0.01%	0.01%
HUM	C	0.14%	0.09%	0.09%
IBM	C	0.59%	0.01%	0.01%
ICE	C	0.29%	0.01%	0.01%
KKR	A	0.29%	0.04%	0.04%
KR	B	0.13%	0.07%	0.07%
MCD	D	0.7%	0.29%	0.29%
MCO	B	0.22%	0.01%	0.01%
MS	A	0.5%	0.05%	0.05%
ORCL	B	0.98%	0.04%	0.04%
ROP	B	0.2%	0.03%	0.03%
SBUX	A	0.35%	0.06%	0.06%
SCHW	B	0.37%	0.01%	0.01%
STT	A	0.09%	0.08%	0.08%
TD	F	0.3%	0.01%	0.01%
TDY	B	0.06%	0.22%	0.06%
UNH	C	1.71%	0.01%	0.01%

GLBL Overweight 252 Positions Relative to JPST

Symbol	Grade	Weight
AMZN	C	5.62%
NVDA	C	5.39%
MSFT	F	4.69%
META	D	3.94%
GOOGL	C	3.27%
GOOG	C	2.84%
AVGO	D	2.4%
BRK.A	B	1.98%
V	A	1.52%
MA	C	1.35%
COST	B	1.31%
HD	A	1.25%
WMT	A	1.18%
NFLX	A	1.17%
CRM	B	1.04%
ADBE	C	0.75%
NOW	A	0.74%
CSCO	B	0.74%
AMD	F	0.69%
ACN	C	0.69%
TXN	C	0.58%
INTU	C	0.58%
ISRG	A	0.57%
QCOM	F	0.56%
TM	D	0.55%
CMCSA	B	0.54%
LOW	D	0.51%
SPGI	C	0.48%
BLK	C	0.48%
AMAT	F	0.47%
MELI	D	0.45%
UL	D	0.44%
TJX	A	0.43%
SYK	C	0.41%
BSX	B	0.4%
FI	A	0.4%
PANW	C	0.38%
PLTR	B	0.38%
LRCX	F	0.35%
ADI	D	0.35%
MDT	D	0.35%
MU	D	0.35%
INTC	D	0.33%
PLD	D	0.33%
ANET	C	0.32%
KLAC	D	0.3%
CDNS	B	0.29%
ELV	F	0.29%
ORLY	B	0.29%
MCK	B	0.29%
PYPL	B	0.27%
CME	A	0.27%
APH	A	0.27%
AMT	D	0.27%
SNPS	B	0.26%
HCA	F	0.25%
CMG	B	0.25%
WELL	A	0.25%
CRWD	B	0.24%
MRVL	B	0.23%
MSI	B	0.23%
CVS	D	0.22%
BDX	F	0.22%
TGT	F	0.22%
ADSK	A	0.22%
FTNT	C	0.21%
EQIX	A	0.21%
AMP	A	0.2%
APP	B	0.2%
COIN	C	0.2%
MAR	B	0.2%
ABNB	C	0.19%
APO	B	0.19%
WDAY	B	0.19%
HLT	A	0.18%
TTD	B	0.18%
CNI	D	0.18%
NXPI	D	0.18%
DLR	B	0.17%
SPG	B	0.17%
PSA	D	0.16%
O	D	0.16%
HUBS	A	0.16%
DASH	A	0.16%
RCL	A	0.16%
FIS	C	0.15%
MSTR	C	0.15%
CTSH	B	0.14%
SQ	B	0.14%
MPWR	F	0.14%
MSCI	C	0.14%
CCI	D	0.14%
TYL	B	0.14%
SYY	B	0.13%
DELL	C	0.13%
YUM	B	0.13%
IT	C	0.13%
ROST	C	0.13%
EXR	D	0.12%
COR	B	0.12%
HMC	F	0.12%
GEHC	F	0.12%
TEAM	A	0.12%
DDOG	A	0.12%
GLW	B	0.12%
SNOW	C	0.12%
DFS	B	0.12%
EW	C	0.12%
IRM	D	0.11%
MCHP	D	0.11%
AVB	B	0.11%
VEEV	C	0.11%
RMD	C	0.11%
HPQ	B	0.11%
NDAQ	A	0.11%
RJF	A	0.11%
EA	A	0.11%
CHTR	C	0.1%
CNC	D	0.1%
ON	D	0.1%
IDXX	F	0.1%
EBAY	D	0.1%
VICI	C	0.1%
DXCM	D	0.09%
TTWO	A	0.09%
CPAY	A	0.09%
HPE	B	0.09%
CDW	F	0.09%
EQR	B	0.09%
CAH	B	0.09%
NET	B	0.09%
GDDY	A	0.09%
ULTA	F	0.09%
PTC	A	0.09%
ZBRA	B	0.09%
NTRS	A	0.08%
VTR	C	0.08%
MAA	B	0.08%
SYF	B	0.08%
ZBH	C	0.08%
DRI	B	0.08%
ANSS	B	0.08%
GPN	B	0.08%
TROW	B	0.08%
NTAP	C	0.08%
EXPE	B	0.08%
TSCO	D	0.07%
MANH	D	0.07%
STX	D	0.07%
MDB	C	0.07%
WBD	C	0.07%
ESS	B	0.07%
WY	D	0.07%
MOH	F	0.07%
OMC	C	0.07%
KEYS	A	0.07%
LPLA	A	0.07%
RBLX	C	0.07%
CCL	B	0.07%
HOLX	D	0.06%
PINS	D	0.06%
FDS	B	0.06%
DOCU	A	0.06%
LH	C	0.06%
FFIV	B	0.06%
LVS	C	0.06%
GPC	D	0.06%
EPAM	C	0.06%
WDC	D	0.06%
DKNG	B	0.06%
SUI	D	0.06%
LYV	A	0.06%
TW	A	0.06%
ZM	B	0.06%
WSM	B	0.06%
BURL	A	0.06%
PODD	C	0.06%
INVH	D	0.06%
BBY	D	0.06%
TFX	F	0.05%
DOC	D	0.05%
DLTR	F	0.05%
GLPI	C	0.05%
CBOE	B	0.05%
DKS	C	0.05%
PSTG	D	0.05%
TOST	B	0.05%
TWLO	A	0.05%
UHS	D	0.05%
SMCI	F	0.05%
ENTG	D	0.05%
ZS	C	0.05%
TER	D	0.05%
GEN	B	0.05%
ALGN	D	0.05%
ARE	D	0.05%
TRMB	B	0.05%
SBAC	D	0.05%
DPZ	C	0.05%
STE	F	0.05%
KIM	A	0.05%
HOOD	B	0.05%
BAX	D	0.05%
DG	F	0.05%
ROKU	D	0.04%
AMH	D	0.04%
JNPR	F	0.04%
CG	A	0.04%
LKQ	D	0.04%
KMX	B	0.04%
SNAP	C	0.04%
OKTA	C	0.04%
DVA	B	0.04%
IOT	A	0.04%
BXP	D	0.04%
H	B	0.04%
DGX	A	0.04%
HST	C	0.04%
WPC	D	0.04%
SWKS	F	0.04%
JKHY	D	0.04%
POOL	C	0.04%
AKAM	D	0.04%
UDR	B	0.04%
FSLR	F	0.04%
VRSN	F	0.04%
MGM	D	0.03%
ENPH	F	0.03%
CRBG	B	0.03%
CPT	B	0.03%
JBL	B	0.03%
MKTX	D	0.03%
HSIC	B	0.03%
FOXA	B	0.03%
SOLV	C	0.03%
NWSA	B	0.03%
ELS	C	0.03%
IPG	D	0.03%
ALLY	C	0.03%
REG	B	0.03%
QRVO	F	0.02%
SEIC	B	0.02%
WYNN	D	0.02%
BEN	C	0.02%
FOX	A	0.02%
PARA	C	0.02%
WBA	F	0.02%
AGCO	D	0.02%
MTCH	D	0.02%
BBWI	D	0.02%
ACI	C	0.02%
BSY	D	0.02%

GLBL Underweight 83 Positions Relative to JPST

Symbol	Grade	Weight
CASH	A	-2.2%
TMO	F	-0.74%
AZN	D	-0.57%
KDP	D	-0.31%
CCEP	C	-0.3%
ATO	A	-0.3%
LDOS	C	-0.26%
BXMT	C	-0.25%
SNX	C	-0.23%
HART	D	-0.19%
BA	F	-0.18%
D	C	-0.17%
OGS	A	-0.17%
VZ	C	-0.16%
ETR	B	-0.16%
T	A	-0.14%
CNP	B	-0.14%
GILD	C	-0.13%
DB	D	-0.13%
CAG	D	-0.13%
SO	D	-0.11%
WFC	A	-0.11%
VTRS	A	-0.1%
GM	B	-0.1%
FITB	A	-0.1%
WEC	A	-0.09%
MLM	B	-0.09%
JBHT	C	-0.09%
IFF	D	-0.08%
NEM	D	-0.08%
DUK	C	-0.08%
CFG	B	-0.07%
HSBC	B	-0.07%
BG	F	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
XOM	B	-0.06%
AEP	D	-0.05%
AL	B	-0.05%
BHF	B	-0.04%
MDLZ	F	-0.04%
ABBV	D	-0.04%
PL	A	-0.04%
CHD	B	-0.03%
R	B	-0.03%
NEE	D	-0.03%
BCC	B	-0.03%
BMO	A	-0.03%
HON	B	-0.02%
WLK	D	-0.02%
MSC	C	-0.02%
ETN	A	-0.02%
AZO	C	-0.02%
GSK	F	-0.02%
AER	B	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
PFE	D	-0.01%
DHR	F	-0.01%
CSL	C	-0.01%
BMY	B	-0.01%
PSX	C	-0.01%
PNC	B	-0.01%
MMM	D	-0.01%
CAT	B	-0.01%
PM	B	-0.01%
HBAN	A	-0.01%
ES	D	-0.01%
JXN	C	-0.01%
MET	A	-0.01%
UBS	C	-0.01%
BAC	A	-0.01%
RY	A	-0.01%
TFC	A	-0.01%
DE	A	-0.01%
KEY	B	-0.01%
MUFG	B	-0.01%
NWG	C	-0.01%
PFG	D	-0.01%
CM	A	-0.01%
USB	A	-0.01%
C	A	-0.01%
AIG	B	-0.01%