QUAL vs. SZNE ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

SZNE

Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF

SZNE Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer CFRA-Stovall Equal Weight Seasonal Rotation Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) 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 its underlying index. The index uses an objective, rules-based methodology to track the performance of a semi-annual rotation of certain sectors within the S&P 500 Equal Weight Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.91

Average Daily Volume

3,448

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	SZNE
30 Days	1.61%	2.64%
60 Days	2.39%	0.15%
90 Days	3.34%	0.62%
12 Months	30.86%	17.34%

55 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in SZNE	Overlap
AAPL	C	5.44%	0.35%	0.35%
ACN	C	1.67%	0.36%	0.36%
ADBE	C	1.76%	0.32%	0.32%
ADP	B	1.75%	0.32%	0.32%
AMAT	F	1.17%	0.31%	0.31%
ANET	C	0.73%	0.37%	0.37%
AOS	F	0.06%	0.27%	0.06%
APD	A	0.35%	1.0%	0.35%
APH	A	0.5%	0.38%	0.38%
AVY	D	0.08%	0.78%	0.08%
BBY	D	0.29%	0.42%	0.29%
CAT	B	1.4%	0.33%	0.33%
CDNS	B	0.58%	0.39%	0.39%
CMG	B	1.26%	0.5%	0.5%
CSCO	B	1.74%	0.4%	0.4%
CTAS	B	0.6%	0.32%	0.32%
DECK	A	0.49%	0.54%	0.49%
DHI	D	0.7%	0.4%	0.4%
ENPH	F	0.06%	0.2%	0.06%
EXPD	D	0.12%	0.3%	0.12%
FAST	B	0.42%	0.35%	0.35%
GRMN	B	0.48%	0.57%	0.48%
GWW	B	0.59%	0.36%	0.36%
ITW	B	0.73%	0.32%	0.32%
KEYS	A	0.15%	0.38%	0.15%
KLAC	D	0.77%	0.29%	0.29%
LIN	D	1.14%	0.83%	0.83%
LMT	D	1.08%	0.28%	0.28%
LRCX	F	0.73%	0.31%	0.31%
LULU	C	0.66%	0.55%	0.55%
MMM	D	0.5%	0.29%	0.29%
MPWR	F	0.18%	0.21%	0.18%
MSFT	F	4.5%	0.33%	0.33%
NKE	D	1.41%	0.44%	0.44%
NTAP	C	0.21%	0.36%	0.21%
NVDA	C	6.93%	0.42%	0.42%
NVR	D	0.52%	0.45%	0.45%
ODFL	B	0.34%	0.34%	0.34%
PAYC	B	0.08%	0.39%	0.08%
PAYX	C	0.49%	0.32%	0.32%
PHM	D	0.43%	0.43%	0.43%
PKG	A	0.1%	1.01%	0.1%
POOL	C	0.22%	0.49%	0.22%
PPG	F	0.15%	0.83%	0.15%
QCOM	F	1.15%	0.32%	0.32%
ROK	B	0.22%	0.32%	0.22%
ROL	B	0.12%	0.3%	0.12%
SHW	A	0.57%	0.86%	0.57%
SMCI	F	0.06%	0.19%	0.06%
SNPS	B	0.51%	0.38%	0.38%
TJX	A	2.03%	0.47%	0.47%
TSCO	D	0.43%	0.45%	0.43%
TXN	C	1.34%	0.34%	0.34%
ULTA	F	0.31%	0.43%	0.31%
VLTO	D	0.21%	0.29%	0.21%

QUAL Overweight 68 Positions Relative to SZNE

Symbol	Grade	Weight
V	A	4.5%
MA	C	4.22%
META	D	4.09%
LLY	F	3.42%
UNH	C	2.81%
COST	B	2.55%
JNJ	D	2.15%
GOOGL	C	1.77%
NFLX	A	1.76%
COP	C	1.73%
GOOG	C	1.55%
KO	D	1.43%
PEP	F	1.1%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
MMC	B	0.74%
PLD	D	0.71%
PEG	A	0.69%
VRTX	F	0.62%
TPL	A	0.58%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
ZTS	D	0.51%
ED	D	0.5%
AFL	B	0.42%
ATO	A	0.4%
CBRE	B	0.35%
AMP	A	0.33%
IDXX	F	0.3%
WSM	B	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
EQT	B	0.22%
MNST	C	0.21%
MANH	D	0.2%
EA	A	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
EQR	B	0.18%
EME	C	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
HSY	F	0.15%
CBOE	B	0.14%
WAT	B	0.13%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
GGG	B	0.11%
OMC	C	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 168 Positions Relative to SZNE

Symbol	Grade	Weight
STLD	B	-1.11%
ALB	C	-1.09%
SW	A	-1.08%
IP	B	-1.05%
VMC	B	-1.02%
CF	B	-0.99%
MLM	B	-0.98%
NUE	C	-0.9%
CTVA	C	-0.9%
FCX	D	-0.89%
DD	D	-0.87%
EMN	D	-0.85%
MOS	F	-0.84%
ECL	D	-0.83%
AMCR	D	-0.82%
BALL	D	-0.79%
FMC	D	-0.78%
LYB	F	-0.77%
DOW	F	-0.76%
IFF	D	-0.74%
TSLA	B	-0.7%
CCL	B	-0.69%
NEM	D	-0.69%
RCL	A	-0.67%
NCLH	B	-0.64%
EXPE	B	-0.63%
TPR	B	-0.61%
PLTR	B	-0.6%
BKNG	A	-0.6%
LVS	C	-0.59%
UAL	A	-0.57%
MAR	B	-0.57%
GM	B	-0.56%
ABNB	C	-0.55%
HLT	A	-0.55%
WYNN	D	-0.55%
RL	B	-0.54%
AMZN	C	-0.52%
DPZ	C	-0.51%
CE	F	-0.51%
ORLY	B	-0.5%
HD	A	-0.5%
MGM	D	-0.49%
BWA	D	-0.49%
LOW	D	-0.49%
F	C	-0.48%
DRI	B	-0.48%
AXON	A	-0.48%
MCD	D	-0.47%
YUM	B	-0.47%
SBUX	A	-0.47%
EBAY	D	-0.46%
CZR	F	-0.46%
CRWD	B	-0.46%
GEV	B	-0.46%
KMX	B	-0.46%
AZO	C	-0.46%
CRM	B	-0.44%
FICO	B	-0.43%
DAL	C	-0.43%
TRMB	B	-0.43%
HAS	D	-0.43%
ROST	C	-0.43%
LEN	D	-0.43%
GDDY	A	-0.43%
LKQ	D	-0.43%
GPC	D	-0.42%
INTC	D	-0.42%
FTNT	C	-0.42%
HPE	B	-0.42%
JBL	B	-0.41%
MHK	D	-0.41%
ADSK	A	-0.4%
FFIV	B	-0.4%
EPAM	C	-0.4%
NOW	A	-0.4%
DELL	C	-0.4%
ORCL	B	-0.4%
DAY	B	-0.39%
SNA	A	-0.39%
MSI	B	-0.39%
GNRC	B	-0.39%
PANW	C	-0.39%
ZBRA	B	-0.39%
HPQ	B	-0.38%
TDY	B	-0.38%
GEN	B	-0.38%
GLW	B	-0.38%
EMR	A	-0.38%
MU	D	-0.37%
PWR	A	-0.37%
ANSS	B	-0.37%
HWM	A	-0.37%
PTC	A	-0.37%
ETN	A	-0.36%
CMI	A	-0.36%
APTV	D	-0.36%
PH	A	-0.36%
IBM	C	-0.35%
WAB	B	-0.35%
IT	C	-0.35%
AME	A	-0.35%
PCAR	B	-0.35%
TYL	B	-0.35%
URI	B	-0.34%
WDC	D	-0.34%
TT	A	-0.34%
ROP	B	-0.34%
HON	B	-0.34%
HUBB	B	-0.34%
IEX	B	-0.34%
VRSN	F	-0.34%
J	F	-0.34%
INTU	C	-0.34%
IR	B	-0.34%
PNR	A	-0.34%
JCI	C	-0.34%
CTSH	B	-0.34%
CHRW	C	-0.33%
NXPI	D	-0.33%
STX	D	-0.33%
CPRT	A	-0.33%
AVGO	D	-0.33%
LUV	C	-0.33%
VRSK	A	-0.32%
JNPR	F	-0.32%
NSC	B	-0.32%
WM	A	-0.32%
OTIS	C	-0.32%
ON	D	-0.32%
ADI	D	-0.32%
LHX	C	-0.32%
BR	A	-0.32%
JBHT	C	-0.32%
DOV	A	-0.32%
AKAM	D	-0.31%
DE	A	-0.31%
AMD	F	-0.31%
FTV	C	-0.31%
RSG	A	-0.31%
CSX	B	-0.31%
UPS	C	-0.31%
LDOS	C	-0.31%
ALLE	D	-0.3%
GE	D	-0.3%
NDSN	B	-0.3%
RTX	C	-0.3%
FDX	B	-0.3%
BLDR	D	-0.29%
UNP	C	-0.29%
TDG	D	-0.29%
MCHP	D	-0.29%
NOC	D	-0.29%
MAS	D	-0.29%
UBER	D	-0.29%
CARR	D	-0.29%
FSLR	F	-0.28%
SWKS	F	-0.28%
GD	F	-0.28%
BA	F	-0.28%
TXT	D	-0.28%
XYL	D	-0.28%
TER	D	-0.27%
CDW	F	-0.27%
EFX	F	-0.25%
SWK	D	-0.25%
HII	D	-0.22%
QRVO	F	-0.21%