PAMC vs. CLSE ETF Comparison

Comparison of Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) to Convergence Long/Short Equity ETF (CLSE)

PAMC

Pacer Lunt MidCap Multi-Factor Alternator ETF

PAMC Description

The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. MidCap 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 mid-capitalization U.S. companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.47

Average Daily Volume

8,624

Number of Holdings ^*

142

* may have additional holdings in another (foreign) market

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$21.94

Average Daily Volume

53,460

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

Performance

Period	PAMC	CLSE
30 Days	3.80%	2.05%
60 Days	2.62%	4.63%
90 Days	5.62%	1.81%
12 Months	34.20%	37.03%

32 Overlapping Holdings

Symbol	Grade	Weight in PAMC	Weight in CLSE	Overlap
AMG	C	0.62%	0.98%	0.62%
AVT	C	0.92%	0.88%	0.88%
BCO	B	0.47%	0.36%	0.36%
CAR	F	0.22%	-0.05%	-0.05%
CC	F	0.32%	-0.11%	-0.11%
CG	D	0.83%	-0.15%	-0.15%
FIVE	D	0.44%	-0.45%	-0.45%
GMED	D	0.92%	-0.29%	-0.29%
GT	F	0.16%	-0.27%	-0.27%
GTLS	F	0.63%	-0.17%	-0.17%
HGV	F	0.22%	-0.1%	-0.1%
HRB	C	1.01%	0.53%	0.53%
JHG	B	0.58%	0.92%	0.58%
KRG	B	0.44%	-0.16%	-0.16%
LAD	D	0.7%	-0.19%	-0.19%
LITE	B	0.39%	-0.69%	-0.69%
MUSA	D	0.58%	0.59%	0.58%
NEOG	D	0.28%	-0.29%	-0.29%
NSA	B	0.31%	0.48%	0.31%
PGNY	F	0.19%	-0.12%	-0.12%
PPC	D	0.55%	0.72%	0.55%
RGA	C	0.71%	0.53%	0.53%
RH	B	0.52%	-0.56%	-0.56%
SEIC	C	0.8%	0.81%	0.8%
SHC	C	0.26%	-0.22%	-0.22%
STAG	C	0.62%	0.33%	0.33%
VAC	F	0.18%	-0.1%	-0.1%
VAL	F	0.26%	-0.12%	-0.12%
VNO	B	0.55%	-0.17%	-0.17%
WOLF	F	0.15%	-0.2%	-0.2%
WTRG	D	0.54%	-0.16%	-0.16%
XPO	D	1.26%	-0.18%	-0.18%

PAMC Overweight 110 Positions Relative to CLSE

Symbol	Grade	Weight
IBKR	B	2.1%
JEF	B	1.78%
SRPT	D	1.52%
WING	B	1.52%
BURL	B	1.47%
OHI	B	1.45%
RRX	C	1.31%
BRX	B	1.3%
POST	C	1.15%
TTEK	C	1.13%
GATX	D	1.06%
PNM	B	1.04%
NBIX	F	1.04%
POR	C	1.04%
COHR	C	1.02%
EPR	B	0.98%
BRBR	C	0.96%
SBRA	C	0.94%
PLNT	B	0.94%
OVV	F	0.94%
CHDN	C	0.89%
CCK	A	0.87%
NVT	D	0.86%
LNW	B	0.86%
ATR	B	0.85%
TKO	B	0.84%
CW	B	0.81%
PR	F	0.8%
FYBR	C	0.8%
VOYA	B	0.76%
DTM	B	0.76%
CACI	B	0.73%
INGR	B	0.73%
ORI	B	0.72%
GLPI	C	0.72%
EHC	C	0.71%
IDA	C	0.71%
THG	B	0.71%
ADC	C	0.71%
SON	C	0.71%
ALLY	F	0.71%
WEX	C	0.71%
OGE	C	0.7%
DCI	C	0.7%
NNN	C	0.69%
DBX	D	0.69%
AMH	C	0.69%
AM	C	0.69%
NJR	B	0.68%
ELS	C	0.68%
FHI	A	0.68%
AFG	B	0.67%
RLI	B	0.66%
G	C	0.66%
ESNT	B	0.66%
GGG	C	0.66%
NWE	B	0.66%
STWD	B	0.65%
SR	B	0.65%
GNTX	F	0.64%
CHE	C	0.64%
HLI	B	0.64%
USFD	B	0.63%
NFG	B	0.63%
CYTK	F	0.63%
FLO	C	0.63%
EGP	B	0.63%
MDU	C	0.63%
PRI	B	0.62%
ALE	B	0.62%
RPM	B	0.62%
SF	A	0.62%
ACM	B	0.62%
MTG	B	0.61%
FR	B	0.61%
MTDR	F	0.6%
LSTR	D	0.59%
OGS	B	0.59%
FLS	D	0.59%
CIVI	F	0.59%
SNX	D	0.58%
MSA	D	0.58%
SLGN	B	0.58%
NEU	D	0.58%
BKH	B	0.58%
UNM	B	0.58%
GEF	D	0.57%
MMS	C	0.56%
MAN	C	0.55%
TXRH	C	0.55%
R	A	0.54%
NYT	C	0.54%
KBR	D	0.54%
DAR	F	0.52%
DLB	D	0.52%
CHRD	F	0.48%
KD	D	0.42%
CNXC	F	0.41%
WHR	D	0.41%
TNL	D	0.4%
GBCI	B	0.38%
AN	D	0.33%
SMG	C	0.33%
IRT	B	0.31%
BHF	F	0.28%
PK	D	0.25%
ARWR	F	0.24%
JWN	C	0.23%
ASB	D	0.22%
CHH	C	0.2%

PAMC Underweight 294 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	D	-4.12%
META	B	-3.15%
GOOGL	D	-2.93%
QCOM	D	-2.58%
AVGO	C	-2.58%
AMZN	C	-2.5%
AAPL	C	-2.26%
WMT	C	-2.07%
APP	C	-2.04%
ANET	B	-1.86%
IBM	B	-1.7%
CVLT	B	-1.64%
NTAP	D	-1.64%
GDDY	C	-1.58%
CVNA	B	-1.53%
HPE	D	-1.52%
GOOG	D	-1.22%
ORCL	C	-1.22%
DOCU	C	-1.21%
HD	B	-1.17%
ACIW	B	-1.12%
MSFT	C	-1.12%
ABBV	C	-1.04%
T	C	-1.03%
HALO	C	-1.03%
MU	F	-1.02%
GILD	B	-0.98%
PYPL	B	-0.98%
JNJ	C	-0.96%
SNEX	B	-0.95%
OGN	D	-0.92%
NTRS	A	-0.91%
UHS	B	-0.87%
SYF	C	-0.86%
THC	A	-0.85%
AMRX	B	-0.85%
NTNX	C	-0.84%
DVA	B	-0.82%
EME	B	-0.81%
PG	C	-0.81%
MO	C	-0.81%
BAC	D	-0.81%
VLO	F	-0.79%
JPM	D	-0.77%
MLI	A	-0.75%
FTDR	B	-0.75%
MPC	F	-0.74%
CNC	D	-0.73%
BG	D	-0.72%
JXN	A	-0.72%
MCK	F	-0.71%
UMBF	B	-0.71%
IDCC	B	-0.7%
RF	B	-0.69%
CHRW	B	-0.66%
IIPR	B	-0.65%
IESC	C	-0.63%
OSCR	B	-0.63%
GVA	B	-0.63%
NEM	B	-0.62%
FITB	B	-0.61%
CAH	C	-0.61%
STRL	B	-0.6%
VRT	C	-0.59%
TSLA	C	-0.59%
XOM	C	-0.58%
CFG	C	-0.57%
TSN	C	-0.57%
UNP	C	-0.57%
PATK	B	-0.55%
WFC	D	-0.55%
AMGN	B	-0.55%
PNW	C	-0.55%
PGR	B	-0.55%
NEE	C	-0.55%
MTZ	B	-0.54%
LMT	C	-0.54%
GM	C	-0.54%
PRIM	B	-0.54%
AVA	C	-0.54%
MET	B	-0.54%
NRG	C	-0.54%
SLVM	B	-0.53%
MWA	B	-0.53%
EXPE	C	-0.53%
VST	C	-0.53%
MRK	D	-0.53%
RTX	C	-0.51%
CVX	D	-0.51%
FDX	C	-0.5%
BMY	C	-0.49%
ADMA	B	-0.49%
CNA	C	-0.49%
KLAC	D	-0.47%
LNTH	D	-0.46%
EEFT	D	-0.45%
EQR	B	-0.44%
RGLD	C	-0.43%
REZI	D	-0.43%
ACT	B	-0.42%
SPG	B	-0.41%
LAMR	B	-0.41%
KMB	D	-0.4%
SAIC	C	-0.4%
MRO	C	-0.39%
SCCO	D	-0.39%
LDOS	B	-0.38%
FCX	D	-0.38%
J	C	-0.36%
CTRE	C	-0.36%
DVN	F	-0.35%
GRMN	D	-0.35%
KNF	B	-0.35%
ABM	D	-0.34%
TOL	B	-0.34%
CAT	B	-0.33%
GLW	C	-0.32%
JLL	B	-0.32%
ALSN	B	-0.32%
ANF	D	-0.32%
NFLX	B	-0.31%
SM	F	-0.31%
VTRS	D	-0.31%
EXP	B	-0.31%
NVR	B	-0.3%
IBP	D	-0.27%
CPNG	B	-0.26%
BKNG	C	-0.25%
CCL	C	-0.24%
KR	C	-0.17%
ADUS	B	-0.15%
SPOT	B	-0.13%
ALNY	C	-0.12%
NTRA	C	-0.12%
MHO	B	-0.1%
QQQ	C	-0.0%
JOBY	F	--0.04%
CRNX	C	--0.05%
MRNA	F	--0.06%
COLD	D	--0.08%
ROK	D	--0.08%
ALIT	D	--0.08%
FOXF	D	--0.08%
AES	C	--0.08%
AGL	F	--0.09%
NXST	D	--0.09%
DRVN	C	--0.1%
WOR	D	--0.1%
AWR	B	--0.1%
WTW	C	--0.1%
MCW	F	--0.1%
VMC	D	--0.11%
HHH	C	--0.11%
ACVA	B	--0.11%
DRI	B	--0.11%
TXG	D	--0.11%
VFC	C	--0.12%
AAL	D	--0.12%
AA	D	--0.12%
CGON	C	--0.12%
BC	C	--0.13%
VSAT	F	--0.14%
PPBI	D	--0.14%
CHK	D	--0.15%
RBLX	B	--0.15%
EXR	B	--0.15%
AESI	C	--0.15%
PYCR	D	--0.15%
DAY	D	--0.15%
MTN	D	--0.15%
UHAL	A	--0.16%
CLDX	C	--0.16%
PCH	C	--0.16%
BIRK	F	--0.16%
ILMN	C	--0.16%
WAL	B	--0.16%
UEC	D	--0.17%
SJM	C	--0.17%
ENOV	D	--0.18%
KNSL	C	--0.18%
HI	F	--0.18%
BE	F	--0.19%
BANC	B	--0.19%
CZR	C	--0.19%
FCNCA	D	--0.19%
WY	C	--0.19%
CNH	D	--0.19%
COTY	F	--0.2%
COLB	B	--0.2%
TMDX	C	--0.2%
CINF	B	--0.2%
EL	F	--0.2%
TFC	C	--0.2%
LKQ	F	--0.2%
AVAV	C	--0.2%
AJG	D	--0.21%
LUV	C	--0.21%
GPOR	D	--0.21%
SOFI	C	--0.21%
BX	B	--0.21%
RNR	C	--0.22%
IRTC	F	--0.22%
CNX	B	--0.22%
DXCM	F	--0.22%
RBA	B	--0.22%
WBA	F	--0.22%
CIEN	C	--0.22%
AEIS	D	--0.23%
TTD	B	--0.23%
WTM	D	--0.23%
SW	B	--0.23%
IPAR	F	--0.23%
XYL	C	--0.23%
DLTR	F	--0.23%
FDS	C	--0.23%
PTEN	F	--0.24%
SUM	D	--0.24%
BIO	C	--0.24%
OKE	B	--0.24%
AGCO	D	--0.24%
MS	D	--0.25%
VSH	F	--0.25%
WAT	C	--0.25%
ALB	D	--0.26%
AL	D	--0.26%
APD	B	--0.26%
SITE	C	--0.26%
FLYW	F	--0.26%
EQT	D	--0.26%
WSC	D	--0.26%
CSCO	C	--0.27%
VVV	D	--0.27%
HASI	C	--0.27%
CELH	F	--0.28%
HSY	C	--0.28%
LW	D	--0.29%
APLS	F	--0.29%
FIVN	F	--0.3%
MNST	D	--0.31%
O	C	--0.31%
INSP	C	--0.31%
RVMD	C	--0.32%
ENPH	D	--0.32%
PEN	D	--0.32%
REGN	C	--0.32%
FOUR	C	--0.33%
SRE	C	--0.33%
EVTC	D	--0.33%
RGEN	F	--0.33%
EXAS	C	--0.34%
IAC	C	--0.34%
TOST	C	--0.34%
D	C	--0.34%
LPLA	D	--0.35%
MARA	F	--0.35%
ZI	D	--0.36%
ADBE	F	--0.36%
GE	B	--0.36%
LVS	D	--0.36%
ON	D	--0.36%
KLIC	F	--0.36%
LYV	B	--0.36%
AFRM	C	--0.36%
NDAQ	A	--0.36%
WBD	D	--0.38%
RIOT	F	--0.38%
BBIO	D	--0.38%
BA	F	--0.38%
PATH	D	--0.39%
SATS	C	--0.4%
BRZE	F	--0.4%
MKTX	C	--0.4%
RIVN	F	--0.41%
CCOI	C	--0.43%
CGNX	F	--0.43%
TTWO	C	--0.47%
ZBRA	B	--0.48%
C	C	--0.48%
GLOB	D	--0.48%
GFS	F	--0.48%
LSCC	D	--0.5%
MDB	D	--0.5%
MCHP	F	--0.5%
CFLT	F	--0.5%
BILL	D	--0.5%
DV	F	--0.5%
POOL	C	--0.54%
SMCI	F	--0.55%
WDC	D	--0.58%
LBRDK	F	--0.58%
FND	C	--0.59%
U	D	--0.6%
TXN	C	--0.85%
INTC	F	--0.93%