SZNE vs. CLSE ETF Comparison

Comparison of Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) to Convergence Long/Short Equity ETF (CLSE)

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

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

$23.68

Average Daily Volume

66,024

Number of Holdings ^*

337

* may have additional holdings in another (foreign) market

Performance

Period	SZNE	CLSE
30 Days	2.64%	4.69%
60 Days	0.15%	6.81%
90 Days	0.62%	9.38%
12 Months	17.34%	39.93%

63 Overlapping Holdings

Symbol	Grade	Weight in SZNE	Weight in CLSE	Overlap
AAPL	C	0.34%	0.83%	0.34%
ABNB	C	0.53%	-0.34%	-0.34%
ALB	C	1.0%	-0.16%	-0.16%
AMZN	C	0.52%	2.53%	0.52%
ANET	C	0.38%	1.83%	0.38%
APD	A	0.94%	-0.15%	-0.15%
APH	A	0.38%	0.67%	0.38%
APTV	D	0.38%	-0.32%	-0.32%
AVGO	D	0.36%	2.28%	0.36%
BA	F	0.28%	-0.4%	-0.4%
BKNG	A	0.59%	0.44%	0.44%
CCL	B	0.67%	0.35%	0.35%
CDNS	B	0.38%	-0.46%	-0.46%
CF	B	0.91%	0.37%	0.37%
CHRW	C	0.32%	0.61%	0.32%
CSCO	B	0.4%	-0.52%	-0.52%
CZR	F	0.47%	-0.15%	-0.15%
DAY	B	0.4%	-0.14%	-0.14%
DELL	C	0.4%	-0.25%	-0.25%
ENPH	F	0.18%	-0.11%	-0.11%
EXPD	D	0.29%	0.14%	0.14%
EXPE	B	0.63%	0.61%	0.61%
FFIV	B	0.39%	0.6%	0.39%
FSLR	F	0.27%	-1.26%	-1.26%
GDDY	A	0.42%	1.42%	0.42%
GE	D	0.31%	-0.46%	-0.46%
GEN	B	0.39%	0.68%	0.39%
GLW	B	0.38%	0.52%	0.38%
GM	B	0.58%	0.87%	0.58%
GRMN	B	0.58%	0.37%	0.37%
HD	A	0.5%	1.13%	0.5%
HPE	B	0.43%	1.92%	0.43%
INTC	D	0.41%	-0.93%	-0.93%
J	F	0.37%	0.31%	0.31%
LDOS	C	0.38%	0.55%	0.38%
LKQ	D	0.44%	-0.17%	-0.17%
LRCX	F	0.33%	0.0%	0.0%
MCHP	D	0.29%	-0.63%	-0.63%
MLM	B	1.0%	-0.13%	-0.13%
MPWR	F	0.24%	0.3%	0.24%
MU	D	0.38%	2.13%	0.38%
NEM	D	0.66%	0.22%	0.22%
NSC	B	0.32%	-0.1%	-0.1%
NTAP	C	0.35%	1.0%	0.35%
NVDA	C	0.42%	4.61%	0.42%
NVR	D	0.45%	0.24%	0.24%
ON	D	0.33%	-0.39%	-0.39%
ORCL	B	0.39%	1.33%	0.39%
PLTR	B	0.57%	1.02%	0.57%
POOL	C	0.47%	-0.61%	-0.61%
QCOM	F	0.33%	1.73%	0.33%
ROP	B	0.34%	-0.7%	-0.7%
SMCI	F	0.16%	-0.47%	-0.47%
SNPS	B	0.38%	-0.44%	-0.44%
STLD	B	1.1%	-0.13%	-0.13%
SW	A	0.97%	-0.17%	-0.17%
TSLA	B	0.66%	1.22%	0.66%
TXN	C	0.36%	-0.81%	-0.81%
UNP	C	0.29%	0.47%	0.29%
VMC	B	1.04%	-0.13%	-0.13%
WDC	D	0.33%	-0.65%	-0.65%
XYL	D	0.28%	-0.23%	-0.23%
ZBRA	B	0.41%	-0.34%	-0.34%

SZNE Overweight 160 Positions Relative to CLSE

Symbol	Grade	Weight
IP	B	1.01%
PKG	A	0.97%
NUE	C	0.92%
FCX	D	0.87%
SHW	A	0.87%
CTVA	C	0.86%
DD	D	0.86%
MOS	F	0.84%
ECL	D	0.84%
LIN	D	0.83%
EMN	D	0.83%
PPG	F	0.82%
AVY	D	0.79%
AMCR	D	0.79%
BALL	D	0.78%
LYB	F	0.77%
DOW	F	0.77%
FMC	D	0.75%
IFF	D	0.74%
NCLH	B	0.67%
RCL	A	0.66%
MAR	B	0.58%
LVS	C	0.57%
TPR	B	0.56%
LULU	C	0.56%
RL	B	0.55%
HLT	A	0.54%
CE	F	0.53%
UAL	A	0.53%
DECK	A	0.53%
DPZ	C	0.51%
WYNN	D	0.51%
BWA	D	0.51%
ORLY	B	0.51%
LOW	D	0.5%
CMG	B	0.5%
F	C	0.49%
DRI	B	0.49%
AZO	C	0.48%
TJX	A	0.47%
YUM	B	0.47%
SBUX	A	0.47%
MGM	D	0.47%
ULTA	F	0.47%
MCD	D	0.47%
KMX	B	0.46%
TSCO	D	0.46%
AXON	A	0.46%
CRWD	B	0.45%
FTNT	C	0.45%
CRM	B	0.45%
NKE	D	0.45%
EBAY	D	0.45%
FICO	B	0.43%
BBY	D	0.43%
GEV	B	0.43%
PHM	D	0.43%
HAS	D	0.43%
TRMB	B	0.43%
LEN	D	0.42%
GPC	D	0.42%
JBL	B	0.42%
DAL	C	0.42%
ROST	C	0.42%
MHK	D	0.42%
GNRC	B	0.41%
EPAM	C	0.41%
NOW	A	0.4%
PAYC	B	0.4%
TDY	B	0.39%
MSI	B	0.39%
DHI	D	0.39%
PANW	C	0.39%
ADSK	A	0.39%
HPQ	B	0.38%
PTC	A	0.38%
SNA	A	0.38%
PCAR	B	0.37%
ANSS	B	0.37%
EMR	A	0.37%
FAST	B	0.36%
TYL	B	0.36%
CTSH	B	0.36%
PWR	A	0.36%
ETN	A	0.36%
GWW	B	0.36%
KEYS	A	0.36%
PH	A	0.36%
INTU	C	0.36%
IT	C	0.36%
AME	A	0.35%
CMI	A	0.35%
JCI	C	0.35%
WAB	B	0.35%
URI	B	0.35%
ODFL	B	0.35%
ACN	C	0.35%
HWM	A	0.35%
JNPR	F	0.34%
JBHT	C	0.34%
HUBB	B	0.34%
PNR	A	0.34%
LHX	C	0.34%
VRSN	F	0.34%
CPRT	A	0.34%
CAT	B	0.34%
IEX	B	0.34%
IR	B	0.34%
HON	B	0.34%
DOV	A	0.33%
ADP	B	0.33%
PAYX	C	0.33%
ADI	D	0.33%
MSFT	F	0.33%
NXPI	D	0.33%
STX	D	0.33%
TT	A	0.33%
LUV	C	0.33%
AMAT	F	0.33%
ADBE	C	0.33%
IBM	C	0.33%
VRSK	A	0.32%
OTIS	C	0.32%
AMD	F	0.32%
BR	A	0.32%
ITW	B	0.32%
CSX	B	0.32%
CTAS	B	0.32%
WM	A	0.32%
GD	F	0.31%
RSG	A	0.31%
NOC	D	0.31%
KLAC	D	0.31%
AKAM	D	0.31%
RTX	C	0.31%
ROK	B	0.31%
TXT	D	0.3%
TDG	D	0.3%
FDX	B	0.3%
ALLE	D	0.3%
ROL	B	0.3%
FTV	C	0.3%
UPS	C	0.3%
NDSN	B	0.3%
SWKS	F	0.29%
BLDR	D	0.29%
MMM	D	0.29%
CDW	F	0.29%
CARR	D	0.29%
LMT	D	0.29%
MAS	D	0.29%
UBER	D	0.29%
DE	A	0.29%
TER	D	0.28%
VLTO	D	0.28%
AOS	F	0.27%
SWK	D	0.26%
EFX	F	0.26%
HII	D	0.24%
QRVO	F	0.21%

SZNE Underweight 274 Positions Relative to CLSE

Symbol	Grade	Weight
GOOGL	C	-3.47%
META	D	-3.3%
APP	B	-2.25%
CVNA	B	-1.85%
WMT	A	-1.82%
IDCC	A	-1.51%
CVLT	B	-1.4%
DOCU	A	-1.37%
PYPL	B	-1.33%
ACIW	B	-1.3%
JHG	A	-1.21%
NTNX	A	-1.16%
SYF	B	-1.11%
BMY	B	-1.11%
NTRS	A	-1.08%
GILD	C	-1.07%
SNEX	B	-1.06%
LNG	B	-0.97%
SEIC	B	-0.95%
HALO	F	-0.9%
AMRX	C	-0.9%
BFH	B	-0.88%
COR	B	-0.86%
CAH	B	-0.86%
PPC	C	-0.85%
GVA	A	-0.84%
MLI	C	-0.84%
CARG	C	-0.83%
JNJ	D	-0.83%
BAC	A	-0.81%
PRIM	A	-0.8%
MO	A	-0.79%
NFLX	A	-0.79%
THC	D	-0.78%
FITB	A	-0.78%
DVA	B	-0.78%
IESC	B	-0.77%
CPNG	D	-0.77%
EME	C	-0.75%
WFC	A	-0.75%
CNX	A	-0.74%
FTI	A	-0.74%
UTHR	C	-0.73%
PNC	B	-0.72%
ABBV	D	-0.72%
RF	A	-0.72%
STRL	B	-0.71%
ZION	B	-0.71%
CMA	A	-0.71%
NRG	B	-0.71%
UHS	D	-0.7%
TMUS	B	-0.7%
CEIX	A	-0.7%
VRT	B	-0.68%
UMBF	B	-0.66%
ALSN	B	-0.66%
MTZ	B	-0.66%
AVT	C	-0.66%
MWA	B	-0.65%
BLK	C	-0.65%
JPM	A	-0.64%
TSN	B	-0.6%
FTDR	A	-0.58%
AMG	B	-0.58%
VST	B	-0.55%
RGA	A	-0.55%
MET	A	-0.52%
SLVM	B	-0.5%
GOOG	C	-0.49%
UI	A	-0.49%
EXP	A	-0.48%
CACI	D	-0.48%
PNW	B	-0.48%
AVA	A	-0.47%
PGR	A	-0.46%
DUOL	A	-0.45%
PG	A	-0.45%
ALL	A	-0.45%
LPX	B	-0.43%
CTRE	D	-0.42%
SCCO	F	-0.41%
RMD	C	-0.4%
JXN	C	-0.39%
SR	A	-0.38%
R	B	-0.38%
SPG	B	-0.37%
CNA	B	-0.37%
OUT	A	-0.36%
EQR	B	-0.35%
CDP	C	-0.34%
RGLD	C	-0.32%
CNC	D	-0.31%
PTON	B	-0.31%
LAMR	D	-0.31%
CVS	D	-0.29%
VLO	C	-0.29%
T	A	-0.29%
MDT	D	-0.29%
IIPR	D	-0.28%
APA	D	-0.25%
VRTX	F	-0.23%
MATX	C	-0.22%
TOL	B	-0.22%
EEFT	B	-0.22%
FLR	B	-0.21%
JLL	D	-0.2%
MUSA	A	-0.2%
ABM	B	-0.19%
BAH	F	-0.18%
KR	B	-0.17%
NTRA	B	-0.17%
BOX	B	-0.17%
JAZZ	B	-0.16%
FOXA	B	-0.14%
FN	D	-0.13%
PRU	A	-0.13%
VCTR	B	-0.12%
VCYT	B	-0.12%
CINF	A	-0.12%
CDE	D	-0.11%
ILMN	D	-0.1%
AEIS	B	-0.07%
INCY	C	-0.07%
HQY	B	-0.07%
QQQ	B	-0.0%
LNTH	D	-0.0%
PENN	C	--0.05%
KNX	B	--0.06%
HGV	B	--0.06%
HUN	F	--0.07%
EXAS	D	--0.07%
RYN	D	--0.07%
COOP	B	--0.07%
CCS	D	--0.07%
BC	C	--0.08%
JOE	F	--0.08%
AES	F	--0.08%
FLYW	C	--0.08%
GNTX	C	--0.09%
JBLU	F	--0.09%
MCW	B	--0.1%
ABG	B	--0.1%
ATO	A	--0.1%
ACVA	B	--0.11%
CGON	F	--0.11%
EL	F	--0.12%
RBA	A	--0.12%
FL	F	--0.12%
PCH	D	--0.12%
DLR	B	--0.13%
EXR	D	--0.13%
AVAV	D	--0.13%
ALIT	C	--0.13%
BPOP	B	--0.14%
PYCR	C	--0.14%
REXR	F	--0.14%
ARWR	F	--0.14%
MKL	A	--0.14%
AA	B	--0.14%
EQIX	A	--0.14%
COLD	D	--0.15%
GTLS	B	--0.15%
CRL	C	--0.15%
RNR	C	--0.15%
DRVN	B	--0.15%
NARI	C	--0.16%
FIVN	C	--0.16%
BHF	B	--0.16%
XPO	B	--0.16%
OSK	B	--0.16%
LGIH	D	--0.16%
DAR	C	--0.16%
UHAL	D	--0.16%
AGO	B	--0.16%
EW	C	--0.16%
SITE	D	--0.16%
TEX	D	--0.17%
TREX	C	--0.17%
MDGL	B	--0.17%
MASI	A	--0.17%
AJG	B	--0.17%
KRG	B	--0.17%
ENOV	C	--0.18%
CHDN	B	--0.18%
UEC	B	--0.18%
EBC	B	--0.18%
AGCO	D	--0.18%
COTY	F	--0.18%
AL	B	--0.18%
CNH	C	--0.18%
BRKR	D	--0.18%
C	A	--0.19%
WAL	B	--0.19%
AIR	B	--0.19%
KNSL	B	--0.2%
SRE	A	--0.2%
GATX	A	--0.2%
BIRK	D	--0.2%
BE	B	--0.21%
AESI	B	--0.21%
NOG	A	--0.21%
WTM	A	--0.21%
PRCT	B	--0.22%
BANC	A	--0.22%
MTN	C	--0.22%
SAIA	B	--0.22%
SUM	B	--0.22%
EQT	B	--0.23%
PSA	D	--0.23%
WTRG	B	--0.24%
ELF	C	--0.24%
IONS	F	--0.24%
GPOR	B	--0.24%
CELH	F	--0.24%
HSY	F	--0.24%
LW	C	--0.25%
KEY	B	--0.25%
BILL	A	--0.26%
NEOG	F	--0.26%
AUR	C	--0.26%
AWK	D	--0.26%
VAL	D	--0.27%
FOUR	B	--0.27%
STNE	F	--0.27%
TEAM	A	--0.27%
MSCI	C	--0.27%
PTEN	C	--0.27%
MNST	C	--0.28%
SOFI	A	--0.28%
ESTC	C	--0.29%
MDB	C	--0.29%
XP	F	--0.29%
MKTX	D	--0.29%
CYTK	F	--0.3%
LYV	A	--0.3%
NDAQ	A	--0.3%
APLS	D	--0.3%
GTLB	B	--0.32%
VVV	F	--0.33%
CCOI	B	--0.33%
LPLA	A	--0.34%
INSP	D	--0.34%
FCNCA	A	--0.35%
APO	B	--0.35%
AFRM	B	--0.35%
CACC	D	--0.36%
COHR	B	--0.36%
BBIO	F	--0.36%
ZI	D	--0.36%
BEN	C	--0.36%
DG	F	--0.4%
SATS	D	--0.4%
RBLX	C	--0.41%
DLTR	F	--0.41%
PINS	D	--0.41%
U	C	--0.41%
RIVN	F	--0.42%
TTWO	A	--0.43%
WBD	C	--0.43%
ALGM	D	--0.45%
DV	C	--0.45%
CGNX	C	--0.45%
MRNA	F	--0.47%
RH	B	--0.47%
CFLT	B	--0.47%
CHTR	C	--0.48%
FND	C	--0.53%
BRZE	C	--0.56%
FIVE	F	--0.56%
NWS	B	--0.57%
WST	C	--0.59%
LITE	B	--0.6%
DXCM	D	--0.63%
LSCC	D	--0.7%