QLV vs. PALC ETF Comparison

Comparison of FlexShares US Quality Low Volatility Index Fund (QLV) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

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

$52.39

Average Daily Volume

19,012

Number of Holdings ^*

181

* may have additional holdings in another (foreign) market

Performance

Period	QLV	PALC
30 Days	0.23%	4.42%
60 Days	1.42%	6.04%
90 Days	3.24%	8.35%
12 Months	25.29%	36.24%

36 Overlapping Holdings

Symbol	Grade	Weight in QLV	Weight in PALC	Overlap
ABBV	D	0.97%	0.38%	0.38%
ABT	B	0.92%	0.45%	0.45%
ADP	B	0.92%	0.52%	0.52%
AMGN	D	0.73%	1.64%	0.73%
AVY	D	0.64%	0.46%	0.46%
AZO	C	0.56%	0.55%	0.55%
BRK.A	B	0.59%	0.69%	0.59%
CB	C	0.72%	0.51%	0.51%
CME	A	0.91%	0.51%	0.51%
CMS	C	0.53%	0.55%	0.53%
COR	B	0.2%	0.49%	0.2%
DUK	C	0.87%	0.47%	0.47%
EA	A	0.23%	0.49%	0.23%
ED	D	0.77%	0.42%	0.42%
GD	F	0.61%	0.46%	0.46%
GIS	D	0.72%	0.39%	0.39%
JNJ	D	1.68%	0.49%	0.49%
JPM	A	0.21%	3.26%	0.21%
L	A	0.11%	0.6%	0.11%
LIN	D	0.19%	0.51%	0.19%
LMT	D	1.07%	0.44%	0.44%
MCD	D	1.97%	2.85%	1.97%
MCK	B	0.35%	1.17%	0.35%
MMC	B	0.05%	0.56%	0.05%
PEP	F	1.52%	0.45%	0.45%
PG	A	3.17%	0.54%	0.54%
PKG	A	0.61%	0.51%	0.51%
PM	B	0.21%	2.49%	0.21%
REGN	F	0.47%	0.33%	0.33%
ROP	B	0.14%	0.53%	0.14%
RSG	A	0.58%	0.6%	0.58%
SO	D	0.68%	0.45%	0.45%
TMUS	B	1.14%	0.72%	0.72%
V	A	2.25%	0.65%	0.65%
WEC	A	0.83%	0.45%	0.45%
WM	A	0.68%	0.49%	0.49%

QLV Overweight 78 Positions Relative to PALC

Symbol	Grade	Weight
MSFT	F	7.86%
NVDA	C	5.54%
AAPL	C	5.13%
AMZN	C	2.5%
LLY	F	2.4%
MRK	F	2.29%
IBM	C	1.77%
VZ	C	1.58%
T	A	1.46%
META	D	1.27%
XOM	B	1.15%
GILD	C	1.11%
QLYS	C	0.89%
ATR	B	0.89%
WTW	B	0.87%
GOOGL	C	0.87%
TXN	C	0.86%
PSA	D	0.84%
AIZ	A	0.84%
WDFC	B	0.81%
TYL	B	0.81%
K	A	0.77%
RGLD	C	0.77%
DOX	D	0.76%
LSTR	D	0.74%
CHE	D	0.74%
CHKP	D	0.72%
ZM	B	0.7%
QGEN	D	0.67%
TRV	B	0.66%
DTM	B	0.65%
DLR	B	0.65%
GOOG	C	0.62%
CALM	A	0.62%
EQIX	A	0.62%
ALL	A	0.62%
XEL	A	0.62%
SMMT	D	0.61%
NOC	D	0.6%
CINF	A	0.59%
WCN	A	0.57%
CTVA	C	0.57%
AEE	A	0.56%
SIGI	C	0.55%
STNG	F	0.55%
MKL	A	0.54%
JKHY	D	0.53%
SCI	B	0.53%
CTRA	B	0.53%
WRB	A	0.53%
ADC	B	0.52%
AEP	D	0.52%
PNW	B	0.52%
TSCO	D	0.5%
BAH	F	0.5%
SON	D	0.49%
CHRW	C	0.49%
FLO	D	0.47%
HSY	F	0.46%
TTEK	F	0.46%
NBIX	C	0.43%
HRL	D	0.4%
AVGO	D	0.4%
VRSK	A	0.39%
BMRN	D	0.37%
NFG	A	0.37%
HII	D	0.36%
SLGN	A	0.33%
DDS	B	0.3%
BMI	B	0.28%
CRUS	D	0.26%
ALKS	B	0.19%
ADI	D	0.15%
NCNO	B	0.13%
CAG	D	0.13%
CWAN	B	0.09%
UNH	C	0.07%
EXPD	D	0.03%

QLV Underweight 145 Positions Relative to PALC

Symbol	Grade	Weight
TSLA	B	-3.78%
ORCL	B	-2.07%
BAC	A	-1.98%
GS	A	-1.96%
LOW	D	-1.55%
WFC	A	-1.42%
MO	A	-1.39%
MS	A	-1.36%
BKNG	A	-1.25%
SBUX	A	-1.13%
OKE	A	-1.07%
HLT	A	-1.04%
AON	A	-1.03%
C	A	-1.01%
NEE	D	-0.92%
PFE	D	-0.9%
YUM	B	-0.89%
BK	A	-0.88%
OTIS	C	-0.87%
AMT	D	-0.86%
AME	A	-0.79%
MET	A	-0.77%
TDG	D	-0.76%
BA	F	-0.7%
HCA	F	-0.69%
ORLY	B	-0.69%
MSCI	C	-0.65%
MAR	B	-0.65%
VRTX	F	-0.64%
FI	A	-0.64%
VRSN	F	-0.63%
AMP	A	-0.62%
KMI	A	-0.61%
WMB	A	-0.59%
WMT	A	-0.59%
MA	C	-0.58%
HON	B	-0.58%
FTNT	C	-0.57%
FICO	B	-0.57%
KO	D	-0.56%
MSI	B	-0.56%
ATO	A	-0.55%
CSCO	B	-0.55%
ITW	B	-0.55%
TJX	A	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
IEX	B	-0.53%
HIG	B	-0.5%
ICE	C	-0.5%
PRU	A	-0.5%
PFG	D	-0.49%
PAYX	C	-0.49%
CTAS	B	-0.49%
CL	D	-0.49%
SRE	A	-0.49%
CSX	B	-0.48%
WELL	A	-0.48%
CHD	B	-0.48%
COST	B	-0.48%
DRI	B	-0.48%
PPL	B	-0.48%
AJG	B	-0.47%
AIG	B	-0.47%
PEG	A	-0.47%
OMC	C	-0.47%
BRO	B	-0.47%
SPGI	C	-0.47%
BR	A	-0.46%
AFL	B	-0.46%
UNP	C	-0.46%
AVB	B	-0.45%
LNT	A	-0.45%
LH	C	-0.45%
EVRG	A	-0.44%
STZ	D	-0.44%
ECL	D	-0.44%
DGX	A	-0.44%
MDT	D	-0.44%
PPG	F	-0.43%
MDLZ	F	-0.43%
KDP	D	-0.42%
KMB	D	-0.42%
APD	A	-0.42%
SYY	B	-0.41%
HOLX	D	-0.41%
CBOE	B	-0.4%
NEM	D	-0.39%
LYB	F	-0.37%
DOW	F	-0.35%
TFC	A	-0.34%
CPRT	A	-0.34%
SPG	B	-0.34%
CCI	D	-0.33%
ELV	F	-0.32%
SBAC	D	-0.31%
LHX	C	-0.31%
HPQ	B	-0.3%
CHTR	C	-0.29%
CAH	B	-0.26%
F	C	-0.26%
RCL	A	-0.25%
TTWO	A	-0.24%
PCG	A	-0.24%
TRGP	B	-0.23%
MTD	D	-0.23%
XYL	D	-0.23%
RMD	C	-0.22%
LYV	A	-0.2%
STT	A	-0.18%
EIX	B	-0.18%
MAS	D	-0.17%
BIIB	F	-0.15%
HUBB	B	-0.15%
WAT	B	-0.15%
UAL	A	-0.15%
DPZ	C	-0.14%
VTR	C	-0.14%
PTC	A	-0.13%
TRMB	B	-0.13%
STX	D	-0.13%
EQT	B	-0.13%
AES	F	-0.12%
ES	D	-0.12%
CCL	B	-0.12%
NDSN	B	-0.11%
KEY	B	-0.11%
NTRS	A	-0.11%
EL	F	-0.1%
WYNN	D	-0.1%
AKAM	D	-0.09%
NI	A	-0.09%
MGM	D	-0.08%
BXP	D	-0.08%
MTCH	D	-0.08%
ALB	C	-0.08%
LKQ	D	-0.07%
KMX	B	-0.07%
LW	C	-0.07%
HSIC	B	-0.06%
NCLH	B	-0.06%
TECH	D	-0.06%
CZR	F	-0.05%
CTLT	B	-0.05%
FMC	D	-0.04%