SZNE vs. FBUF ETF Comparison

Comparison of Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) to Fidelity Dynamic Buffered Equity ETF (FBUF)

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

FBUF

Fidelity Dynamic Buffered Equity ETF

FBUF Description

FBUF seeks capital appreciation by investing in a large-cap equity portfolio of US and foreign stocks while utilizing a defensive options collar strategy. The fund aims to outperform the S&P 500 by picking stocks using a computer-aided, quantitative analysis of historical valuation, growth, and profitability, among other factors. The proprietary process seeks to find the optimal portfolio holdings, overweight stocks with positive characteristics, and manage benchmark relative risks. For the options strategy, the fund typically buys out-of-the-money put options on the S&P 500 Index and simultaneously sells out-of-the-money S&P 500 Index call options. Premium earned from writing calls is intended to offset the cost of buying puts, but this essentially caps the upside returns of the equity portfolio. For a continuous downside hedge, the adviser selects put options through a laddered approach that rolls monthly. The adviser diversifies the written call positions, which are rolled weekly, with different strike prices and expiration dates.

Grade (RS Rating)

Last Trade

$27.53

Average Daily Volume

5,177

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	SZNE	FBUF
30 Days	2.64%	3.10%
60 Days	0.15%	4.70%
90 Days	0.62%	6.08%
12 Months	17.34%

55 Overlapping Holdings

Symbol	Grade	Weight in SZNE	Weight in FBUF	Overlap
AAPL	C	0.35%	7.34%	0.35%
ADBE	C	0.32%	0.94%	0.32%
ADP	B	0.32%	0.26%	0.26%
ALLE	D	0.3%	0.38%	0.3%
AMAT	F	0.31%	0.67%	0.31%
AME	A	0.35%	0.09%	0.09%
AMZN	C	0.52%	3.84%	0.52%
ANET	C	0.37%	0.06%	0.06%
AVGO	D	0.33%	1.62%	0.33%
CAT	B	0.33%	0.53%	0.33%
CMG	B	0.5%	0.47%	0.47%
CRM	B	0.44%	1.16%	0.44%
CSCO	B	0.4%	0.8%	0.4%
CSX	B	0.31%	0.49%	0.31%
CTAS	B	0.32%	0.65%	0.32%
ECL	D	0.83%	0.63%	0.63%
F	C	0.48%	0.33%	0.33%
FTNT	C	0.42%	0.2%	0.2%
GE	D	0.3%	0.48%	0.3%
GEN	B	0.38%	0.13%	0.13%
GRMN	B	0.57%	0.44%	0.44%
HD	A	0.5%	1.32%	0.5%
HWM	A	0.37%	0.38%	0.37%
INTU	C	0.34%	0.12%	0.12%
ITW	B	0.32%	0.14%	0.14%
KLAC	D	0.29%	0.61%	0.29%
LDOS	C	0.31%	0.31%	0.31%
LHX	C	0.32%	0.21%	0.21%
LMT	D	0.28%	0.71%	0.28%
LRCX	F	0.31%	0.24%	0.24%
MGM	D	0.49%	0.23%	0.23%
MMM	D	0.29%	0.19%	0.19%
MSFT	F	0.33%	5.66%	0.33%
MSI	B	0.39%	0.43%	0.39%
MU	D	0.37%	0.5%	0.37%
NOC	D	0.29%	0.6%	0.29%
NOW	A	0.4%	0.5%	0.4%
NSC	B	0.32%	0.11%	0.11%
NUE	C	0.9%	0.36%	0.36%
NVDA	C	0.42%	7.37%	0.42%
ORCL	B	0.4%	0.04%	0.04%
PCAR	B	0.35%	0.37%	0.35%
PPG	F	0.83%	0.34%	0.34%
QCOM	F	0.32%	0.85%	0.32%
QRVO	F	0.21%	0.06%	0.06%
RSG	A	0.31%	0.23%	0.23%
RTX	C	0.3%	0.28%	0.28%
TJX	A	0.47%	0.72%	0.47%
TSLA	B	0.7%	1.27%	0.7%
TT	A	0.34%	0.68%	0.34%
TXT	D	0.28%	0.5%	0.28%
UBER	D	0.29%	0.24%	0.24%
UNP	C	0.29%	0.75%	0.29%
WM	A	0.32%	0.41%	0.32%
ZBRA	B	0.39%	0.52%	0.39%

SZNE Overweight 168 Positions Relative to FBUF

Symbol	Grade	Weight
STLD	B	1.11%
ALB	C	1.09%
SW	A	1.08%
IP	B	1.05%
VMC	B	1.02%
PKG	A	1.01%
APD	A	1.0%
CF	B	0.99%
MLM	B	0.98%
CTVA	C	0.9%
FCX	D	0.89%
DD	D	0.87%
SHW	A	0.86%
EMN	D	0.85%
MOS	F	0.84%
LIN	D	0.83%
AMCR	D	0.82%
BALL	D	0.79%
AVY	D	0.78%
FMC	D	0.78%
LYB	F	0.77%
DOW	F	0.76%
IFF	D	0.74%
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%
LULU	C	0.55%
WYNN	D	0.55%
DECK	A	0.54%
RL	B	0.54%
DPZ	C	0.51%
CE	F	0.51%
ORLY	B	0.5%
POOL	C	0.49%
BWA	D	0.49%
LOW	D	0.49%
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%
NVR	D	0.45%
TSCO	D	0.45%
NKE	D	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%
ULTA	F	0.43%
PHM	D	0.43%
GPC	D	0.42%
INTC	D	0.42%
BBY	D	0.42%
HPE	B	0.42%
JBL	B	0.41%
MHK	D	0.41%
DHI	D	0.4%
ADSK	A	0.4%
FFIV	B	0.4%
EPAM	C	0.4%
DELL	C	0.4%
DAY	B	0.39%
SNA	A	0.39%
GNRC	B	0.39%
PANW	C	0.39%
CDNS	B	0.39%
PAYC	B	0.39%
HPQ	B	0.38%
TDY	B	0.38%
KEYS	A	0.38%
SNPS	B	0.38%
GLW	B	0.38%
EMR	A	0.38%
APH	A	0.38%
PWR	A	0.37%
ANSS	B	0.37%
PTC	A	0.37%
ACN	C	0.36%
ETN	A	0.36%
GWW	B	0.36%
CMI	A	0.36%
NTAP	C	0.36%
APTV	D	0.36%
PH	A	0.36%
IBM	C	0.35%
WAB	B	0.35%
IT	C	0.35%
TYL	B	0.35%
FAST	B	0.35%
URI	B	0.34%
WDC	D	0.34%
ROP	B	0.34%
HON	B	0.34%
ODFL	B	0.34%
HUBB	B	0.34%
IEX	B	0.34%
VRSN	F	0.34%
J	F	0.34%
TXN	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%
LUV	C	0.33%
VRSK	A	0.32%
JNPR	F	0.32%
PAYX	C	0.32%
ROK	B	0.32%
OTIS	C	0.32%
ON	D	0.32%
ADI	D	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%
UPS	C	0.31%
ROL	B	0.3%
EXPD	D	0.3%
NDSN	B	0.3%
FDX	B	0.3%
BLDR	D	0.29%
TDG	D	0.29%
MCHP	D	0.29%
VLTO	D	0.29%
MAS	D	0.29%
CARR	D	0.29%
FSLR	F	0.28%
SWKS	F	0.28%
GD	F	0.28%
BA	F	0.28%
XYL	D	0.28%
TER	D	0.27%
AOS	F	0.27%
CDW	F	0.27%
EFX	F	0.25%
SWK	D	0.25%
HII	D	0.22%
MPWR	F	0.21%
ENPH	F	0.2%
SMCI	F	0.19%

SZNE Underweight 100 Positions Relative to FBUF

Symbol	Grade	Weight
META	D	-2.89%
BRK.A	B	-2.2%
GOOGL	C	-2.04%
JPM	A	-1.93%
GOOG	C	-1.89%
XOM	B	-1.56%
MA	C	-1.36%
NFLX	A	-1.28%
BAC	A	-1.18%
MRK	F	-0.96%
PM	B	-0.94%
ABBV	D	-0.91%
CMCSA	B	-0.84%
WMT	A	-0.82%
NEE	D	-0.82%
PG	A	-0.8%
SCHW	B	-0.79%
LLY	F	-0.76%
BMY	B	-0.74%
GILD	C	-0.74%
JNJ	D	-0.73%
PYPL	B	-0.72%
C	A	-0.72%
T	A	-0.71%
PGR	A	-0.67%
V	A	-0.65%
DIS	B	-0.65%
CI	F	-0.63%
ABT	B	-0.63%
SQ	B	-0.6%
BDX	F	-0.58%
UNH	C	-0.57%
CL	D	-0.55%
SEIC	B	-0.54%
MMC	B	-0.53%
ZM	B	-0.53%
DBX	B	-0.52%
CVNA	B	-0.52%
DVN	F	-0.52%
EOG	A	-0.48%
IGT	F	-0.46%
CME	A	-0.44%
SPG	B	-0.44%
AXP	A	-0.43%
EXEL	B	-0.43%
PFE	D	-0.41%
TMO	F	-0.38%
ANF	C	-0.35%
TDC	D	-0.35%
ALRM	C	-0.34%
INCY	C	-0.34%
SKYW	B	-0.31%
CAH	B	-0.31%
COST	B	-0.3%
TMUS	B	-0.28%
MEDP	D	-0.28%
TROW	B	-0.28%
WFC	A	-0.28%
TRV	B	-0.26%
MSCI	C	-0.26%
AMGN	D	-0.25%
SYK	C	-0.24%
CVS	D	-0.23%
AMT	D	-0.21%
SPGI	C	-0.21%
GAP	C	-0.21%
BIIB	F	-0.21%
PEP	F	-0.19%
TPH	D	-0.18%
SSNC	B	-0.18%
CACI	D	-0.17%
PSA	D	-0.17%
LNW	D	-0.16%
BBWI	D	-0.16%
OXY	D	-0.15%
IDXX	F	-0.15%
VST	B	-0.14%
CLX	B	-0.14%
GL	B	-0.13%
KR	B	-0.12%
BK	A	-0.12%
AON	A	-0.12%
DASH	A	-0.11%
LPLA	A	-0.11%
UNM	A	-0.1%
ED	D	-0.1%
TWLO	A	-0.09%
NRG	B	-0.09%
DOCU	A	-0.09%
LYFT	C	-0.08%
CINF	A	-0.07%
PLTK	B	-0.07%
CRUS	D	-0.07%
NBIX	C	-0.06%
VEEV	C	-0.04%
TNL	A	-0.04%
UTHR	C	-0.04%
TOL	B	-0.02%
CVX	A	-0.02%
PEGA	A	-0.02%