PALC vs. RAVI ETF Comparison

Comparison of Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) to FlexShares Ready Access Variable Income Fund (RAVI)

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

$49.30

Average Daily Volume

43,568

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

RAVI

FlexShares Ready Access Variable Income Fund

RAVI Description

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$75.55

Average Daily Volume

75,188

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	PALC	RAVI
30 Days	2.58%	0.62%
60 Days	2.03%	1.17%
90 Days	0.55%	1.16%
12 Months	29.06%	5.35%

24 Overlapping Holdings

Symbol	Grade	Weight in PALC	Weight in RAVI	Overlap
ABBV	C	0.52%	0.13%	0.13%
AIG	D	0.53%	0.57%	0.53%
CAT	B	0.79%	0.26%	0.26%
CLX	C	0.11%	0.26%	0.11%
CMS	C	0.53%	0.24%	0.24%
DUK	C	0.57%	0.07%	0.07%
ED	C	0.54%	1.05%	0.54%
ETR	B	0.52%	0.38%	0.38%
GE	B	0.87%	0.76%	0.76%
ICE	C	0.6%	0.15%	0.15%
JPM	D	0.54%	0.03%	0.03%
KDP	B	0.54%	0.95%	0.54%
LEN	B	0.2%	0.26%	0.2%
LYB	D	0.6%	0.83%	0.6%
MCHP	F	0.23%	0.22%	0.22%
MDLZ	B	1.05%	0.09%	0.09%
MET	B	0.54%	0.13%	0.13%
MLM	D	0.17%	0.28%	0.17%
OTIS	C	0.52%	0.95%	0.52%
PPL	C	0.54%	0.22%	0.22%
ROP	C	0.6%	0.07%	0.07%
SO	B	0.54%	0.26%	0.26%
VLO	F	0.2%	1.51%	0.2%
WM	D	0.53%	0.69%	0.53%

PALC Overweight 149 Positions Relative to RAVI

Symbol	Grade	Weight
JNJ	C	3.07%
MA	B	2.97%
V	C	2.95%
PG	C	2.57%
COST	B	2.45%
AAPL	C	2.2%
AVGO	C	2.11%
MSFT	C	1.99%
PEP	C	1.68%
NFLX	B	1.56%
CSCO	C	1.54%
ADBE	F	1.42%
ADP	B	1.41%
LMT	C	1.35%
TJX	B	1.33%
ITW	C	1.08%
QCOM	D	0.99%
CTAS	B	0.87%
AMP	A	0.86%
KMB	D	0.81%
BRK.A	C	0.8%
PAYX	C	0.8%
INTU	C	0.76%
KO	C	0.74%
AMAT	D	0.73%
PGR	B	0.72%
RSG	D	0.69%
TMUS	C	0.69%
SYY	D	0.68%
MMC	C	0.68%
L	C	0.67%
CL	D	0.67%
WMT	C	0.64%
EA	D	0.64%
LIN	B	0.62%
BR	D	0.62%
OMC	B	0.61%
PM	C	0.61%
ATO	B	0.6%
CB	B	0.6%
MCD	B	0.6%
HON	D	0.59%
HOLX	C	0.59%
MSI	B	0.58%
HIG	B	0.58%
AVY	C	0.58%
CME	C	0.58%
SPGI	B	0.57%
BK	B	0.57%
UNP	C	0.57%
GD	B	0.56%
YUM	D	0.56%
REGN	C	0.56%
KMI	B	0.56%
AJG	D	0.55%
WMB	B	0.55%
CHD	D	0.55%
OKE	B	0.55%
KLAC	D	0.54%
AME	C	0.54%
PRU	C	0.54%
MDT	C	0.54%
ABT	C	0.53%
FE	C	0.53%
IEX	D	0.53%
AFL	C	0.53%
VRSN	D	0.53%
MO	C	0.53%
WELL	C	0.53%
PFG	B	0.52%
DRI	B	0.52%
PKG	B	0.52%
BRO	C	0.52%
CSX	D	0.52%
SRE	C	0.52%
GIS	B	0.52%
AVB	B	0.52%
STZ	D	0.52%
LNT	B	0.52%
PPG	D	0.51%
NKE	D	0.51%
PEG	C	0.51%
WEC	C	0.51%
ECL	B	0.51%
CBOE	C	0.5%
DGX	B	0.5%
ELV	C	0.5%
PANW	D	0.5%
EVRG	B	0.49%
HLT	B	0.49%
DOW	D	0.47%
LRCX	F	0.47%
SHW	B	0.45%
MCK	F	0.42%
ZTS	C	0.37%
ADSK	C	0.34%
MCO	B	0.34%
EMR	D	0.31%
MPC	F	0.28%
IT	B	0.27%
ROST	C	0.23%
GWW	B	0.23%
FAST	C	0.22%
ACGL	C	0.21%
TEL	D	0.21%
CMI	C	0.21%
IDXX	C	0.21%
CNC	D	0.2%
VRSK	D	0.2%
KVUE	C	0.2%
GEHC	C	0.19%
A	C	0.18%
ROK	D	0.17%
CTSH	C	0.16%
MNST	D	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	B	0.12%
VLTO	C	0.12%
BAX	C	0.11%
KEYS	C	0.11%
DECK	C	0.11%
CINF	C	0.1%
TROW	D	0.1%
BLDR	C	0.1%
STE	C	0.1%
ULTA	D	0.09%
EXPD	C	0.09%
EG	C	0.08%
POOL	C	0.08%
JBL	D	0.07%
SWKS	D	0.07%
CHRW	B	0.06%
FFIV	B	0.06%
JKHY	B	0.06%
APA	F	0.05%
AOS	D	0.05%
PAYC	D	0.04%
BWA	D	0.04%
SOLV	C	0.04%
MKTX	C	0.04%
RL	C	0.03%

PALC Underweight 77 Positions Relative to RAVI

Symbol	Grade	Weight
OGS	B	-1.05%
PYPL	B	-0.95%
DHR	B	-0.86%
DTE	C	-0.77%
TSN	C	-0.7%
CI	C	-0.67%
CM	B	-0.62%
GP	D	-0.59%
GILD	B	-0.59%
TFC	C	-0.59%
SJM	C	-0.57%
NEE	C	-0.57%
BAC	D	-0.57%
AZO	D	-0.52%
NVDA	D	-0.52%
BNS	B	-0.52%
D	C	-0.51%
BDX	D	-0.51%
TD	B	-0.51%
RY	B	-0.51%
SYK	C	-0.49%
CCI	C	-0.49%
AON	B	-0.46%
UNH	C	-0.43%
BMY	C	-0.43%
AMZN	C	-0.42%
SCHW	D	-0.42%
CRM	D	-0.4%
VFC	C	-0.39%
OGE	C	-0.39%
AEP	C	-0.38%
CVX	D	-0.33%
NDAQ	A	-0.31%
ARCC	B	-0.3%
T	C	-0.3%
HSBC	B	-0.29%
CFG	C	-0.29%
DELL	D	-0.28%
CMCSA	D	-0.28%
DB	B	-0.28%
CP	C	-0.27%
WFC	D	-0.26%
ATHS	B	-0.26%
GS	C	-0.26%
AL	D	-0.25%
C	D	-0.24%
FIS	B	-0.23%
FITB	B	-0.22%
FOXA	B	-0.21%
NYC	C	-0.21%
CNP	C	-0.2%
SBUX	C	-0.18%
LUV	C	-0.18%
MKC	C	-0.17%
AEE	C	-0.17%
BHF	F	-0.17%
CVS	D	-0.16%
KEY	B	-0.16%
SEB	D	-0.16%
UBS	C	-0.16%
PSX	F	-0.16%
AZN	D	-0.15%
NWG	C	-0.15%
BA	F	-0.15%
MUFG	D	-0.14%
DHI	B	-0.13%
AMT	C	-0.13%
CNH	D	-0.13%
HPE	D	-0.11%
EFX	B	-0.1%
GM	C	-0.1%
VZ	B	-0.1%
R	A	-0.08%
HRL	C	-0.07%
COF	B	-0.06%
MS	D	-0.06%
PCAR	D	-0.05%