PALC vs. NFRA ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA)

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

$49.36

Average Daily Volume

43,752

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

NFRA

FlexShares STOXX Global Broad Infrastructure Index Fund

NFRA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXXÂ® Global Broad Infrastructure Index. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in its underlying index. The underlying index reflects the performance of a selection of equity securities of infrastructure-related companies that are domiciled or traded in developed and emerging markets around the world. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.06

Average Daily Volume

89,608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PALC	NFRA
30 Days	1.81%	4.11%
60 Days	1.26%	7.22%
90 Days	-0.55%	11.67%
12 Months	27.32%	19.16%

15 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in NFRA	Overlap
CSX	D	0.52%	1.01%	0.52%
DUK	C	0.57%	1.37%	0.57%
ED	C	0.54%	0.55%	0.54%
KMI	A	0.56%	0.62%	0.56%
OKE	B	0.55%	0.81%	0.55%
PEG	B	0.51%	0.64%	0.51%
RSG	D	0.69%	0.65%	0.65%
SO	B	0.54%	1.49%	0.54%
SRE	B	0.52%	0.79%	0.52%
TMUS	C	0.69%	1.26%	0.69%
UNP	B	0.57%	2.33%	0.57%
VLTO	C	0.12%	0.41%	0.12%
WEC	B	0.51%	0.45%	0.45%
WM	D	0.53%	1.17%	0.53%
WMB	B	0.55%	0.85%	0.55%

PALC Overweight 158 Positions Relative to NFRA

Symbol	Grade	Weight
JNJ	B	3.07%
MA	B	2.97%
V	B	2.95%
PG	C	2.57%
COST	C	2.45%
AAPL	D	2.2%
AVGO	C	2.11%
MSFT	C	1.99%
PEP	C	1.68%
NFLX	B	1.56%
CSCO	B	1.54%
ADBE	D	1.42%
ADP	B	1.41%
LMT	C	1.35%
TJX	C	1.33%
ITW	B	1.08%
MDLZ	B	1.05%
QCOM	D	0.99%
GE	B	0.87%
CTAS	C	0.87%
AMP	B	0.86%
KMB	D	0.81%
BRK.A	C	0.8%
PAYX	C	0.8%
CAT	C	0.79%
INTU	D	0.76%
KO	B	0.74%
AMAT	D	0.73%
PGR	A	0.72%
SYY	D	0.68%
MMC	C	0.68%
L	B	0.67%
CL	C	0.67%
WMT	B	0.64%
EA	D	0.64%
LIN	B	0.62%
BR	D	0.62%
OMC	A	0.61%
PM	C	0.61%
ATO	B	0.6%
ICE	B	0.6%
CB	B	0.6%
ROP	C	0.6%
LYB	F	0.6%
MCD	C	0.6%
HON	D	0.59%
HOLX	B	0.59%
MSI	C	0.58%
HIG	A	0.58%
AVY	D	0.58%
CME	C	0.58%
SPGI	B	0.57%
BK	A	0.57%
GD	B	0.56%
YUM	D	0.56%
REGN	C	0.56%
AJG	C	0.55%
CHD	C	0.55%
KLAC	D	0.54%
MET	A	0.54%
AME	C	0.54%
PRU	C	0.54%
JPM	D	0.54%
MDT	C	0.54%
KDP	A	0.54%
PPL	C	0.54%
AIG	D	0.53%
ABT	C	0.53%
FE	C	0.53%
CMS	A	0.53%
IEX	D	0.53%
AFL	B	0.53%
VRSN	D	0.53%
MO	C	0.53%
WELL	B	0.53%
ETR	A	0.52%
PFG	B	0.52%
DRI	C	0.52%
PKG	B	0.52%
BRO	C	0.52%
OTIS	D	0.52%
GIS	B	0.52%
AVB	B	0.52%
STZ	C	0.52%
LNT	A	0.52%
ABBV	C	0.52%
PPG	C	0.51%
NKE	D	0.51%
ECL	B	0.51%
CBOE	C	0.5%
DGX	B	0.5%
ELV	C	0.5%
PANW	D	0.5%
EVRG	A	0.49%
HLT	B	0.49%
DOW	D	0.47%
LRCX	F	0.47%
SHW	B	0.45%
MCK	F	0.42%
ZTS	B	0.37%
ADSK	B	0.34%
MCO	A	0.34%
EMR	D	0.31%
MPC	D	0.28%
IT	B	0.27%
MCHP	D	0.23%
ROST	C	0.23%
GWW	B	0.23%
FAST	C	0.22%
ACGL	B	0.21%
TEL	D	0.21%
CMI	C	0.21%
IDXX	C	0.21%
VLO	D	0.2%
CNC	C	0.2%
VRSK	D	0.2%
KVUE	B	0.2%
LEN	B	0.2%
GEHC	C	0.19%
A	C	0.18%
ROK	D	0.17%
MLM	D	0.17%
CTSH	C	0.16%
MNST	C	0.16%
NVR	B	0.15%
EBAY	B	0.15%
VMC	D	0.14%
DD	B	0.14%
BALL	C	0.13%
LULU	D	0.13%
ADM	D	0.13%
HSY	C	0.13%
CDW	D	0.13%
K	A	0.12%
BAX	C	0.11%
CLX	C	0.11%
KEYS	C	0.11%
DECK	C	0.11%
CINF	B	0.1%
TROW	D	0.1%
BLDR	C	0.1%
STE	C	0.1%
ULTA	D	0.09%
EXPD	B	0.09%
EG	B	0.08%
POOL	C	0.08%
JBL	D	0.07%
SWKS	F	0.07%
CHRW	B	0.06%
FFIV	A	0.06%
JKHY	B	0.06%
APA	F	0.05%
AOS	C	0.05%
PAYC	D	0.04%
BWA	D	0.04%
SOLV	C	0.04%
MKTX	C	0.04%
RL	B	0.03%

PALC Underweight 49 Positions Relative to NFRA

Symbol	Grade	Weight
CNI	D	-3.47%
VZ	B	-2.81%
NEE	B	-2.61%
WCN	D	-2.39%
T	B	-2.37%
CMCSA	D	-2.34%
AMT	C	-1.68%
EQIX	B	-1.27%
HCA	B	-1.16%
CEG	C	-0.92%
NSC	C	-0.87%
AEP	B	-0.83%
DLR	B	-0.8%
PCG	C	-0.79%
CCI	B	-0.78%
D	C	-0.72%
EXC	B	-0.6%
XEL	A	-0.53%
EIX	C	-0.51%
CHTR	D	-0.51%
TRGP	B	-0.5%
AWK	A	-0.43%
SBAC	C	-0.39%
THC	B	-0.24%
UHS	B	-0.2%
CLH	B	-0.19%
FYBR	C	-0.14%
WTRG	D	-0.14%
EHC	B	-0.14%
DTM	B	-0.12%
ACHC	C	-0.11%
CWST	D	-0.1%
LBRDK	D	-0.1%
SRCL	A	-0.09%
AM	B	-0.08%
SEM	D	-0.06%
CCOI	C	-0.05%
CWT	C	-0.05%
IRDM	D	-0.04%
HESM	C	-0.04%
AWR	B	-0.04%
GEO	F	-0.03%
MSEX	C	-0.03%
PCT	C	-0.02%
SJW	C	-0.02%
NFE	F	-0.02%
CXW	F	-0.02%
FSLY	D	-0.01%
UNIT	C	-0.01%