SZNE vs. NACP ETF Comparison

Comparison of Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) to Impact Shares NAACP Minority Empowerment ETF (NACP)

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

NACP

Impact Shares NAACP Minority Empowerment ETF

NACP Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	SZNE	NACP
30 Days	2.64%	2.08%
60 Days	0.15%	4.48%
90 Days	0.62%	6.57%
12 Months	17.34%	32.92%

72 Overlapping Holdings

Symbol	Grade	Weight in SZNE	Weight in NACP	Overlap
AAPL	C	0.35%	5.03%	0.35%
ACN	C	0.36%	3.58%	0.36%
ADP	B	0.32%	0.4%	0.32%
ALB	C	1.09%	0.04%	0.04%
AME	A	0.35%	0.13%	0.13%
AMZN	C	0.52%	4.47%	0.52%
APTV	D	0.36%	0.08%	0.08%
BA	F	0.28%	0.38%	0.28%
BWA	D	0.49%	0.03%	0.03%
CF	B	0.99%	0.05%	0.05%
CMI	A	0.36%	0.15%	0.15%
CSX	B	0.31%	0.24%	0.24%
DAL	C	0.43%	0.09%	0.09%
DD	D	0.87%	0.14%	0.14%
DE	A	0.31%	0.36%	0.31%
DELL	C	0.4%	0.54%	0.4%
EBAY	D	0.46%	0.11%	0.11%
ECL	D	0.83%	0.21%	0.21%
EMN	D	0.85%	0.04%	0.04%
EMR	A	0.38%	0.22%	0.22%
ETN	A	0.36%	0.44%	0.36%
EXPD	D	0.3%	0.07%	0.07%
F	C	0.48%	0.15%	0.15%
FCX	D	0.89%	0.25%	0.25%
FDX	B	0.3%	0.25%	0.25%
GE	D	0.3%	0.69%	0.3%
GM	B	0.56%	0.18%	0.18%
HLT	A	0.55%	0.17%	0.17%
HON	B	0.34%	0.46%	0.34%
HPQ	B	0.38%	0.62%	0.38%
HUBB	B	0.34%	0.06%	0.06%
HWM	A	0.37%	0.14%	0.14%
IBM	C	0.35%	3.08%	0.35%
IFF	D	0.74%	0.09%	0.09%
INTC	D	0.42%	1.52%	0.42%
IR	B	0.34%	0.12%	0.12%
ITW	B	0.32%	0.27%	0.27%
JBHT	C	0.32%	0.05%	0.05%
JCI	C	0.34%	0.17%	0.17%
LHX	C	0.32%	0.16%	0.16%
LOW	D	0.49%	0.51%	0.49%
LUV	C	0.33%	0.06%	0.06%
MAR	B	0.57%	0.19%	0.19%
MLM	B	0.98%	0.12%	0.12%
MMM	D	0.29%	0.26%	0.26%
MOS	F	0.84%	0.03%	0.03%
MSFT	F	0.33%	4.63%	0.33%
MU	D	0.37%	1.75%	0.37%
NDSN	B	0.3%	0.05%	0.05%
NEM	D	0.69%	0.22%	0.22%
NKE	D	0.44%	0.36%	0.36%
NOC	D	0.29%	0.29%	0.29%
NSC	B	0.32%	0.2%	0.2%
NVDA	C	0.42%	4.9%	0.42%
OTIS	C	0.32%	0.13%	0.13%
PANW	C	0.39%	1.81%	0.39%
PPG	F	0.83%	0.1%	0.1%
QCOM	F	0.32%	3.18%	0.32%
RCL	A	0.67%	0.12%	0.12%
ROK	B	0.32%	0.11%	0.11%
SWK	D	0.25%	0.06%	0.06%
TSLA	B	0.7%	2.22%	0.7%
TT	A	0.34%	0.29%	0.29%
TXT	D	0.28%	0.06%	0.06%
UAL	A	0.57%	0.05%	0.05%
UBER	D	0.29%	2.29%	0.29%
UNP	C	0.29%	0.56%	0.29%
UPS	C	0.31%	0.35%	0.31%
URI	B	0.34%	0.18%	0.18%
VMC	B	1.02%	0.12%	0.12%
VRSK	A	0.32%	0.13%	0.13%
XYL	D	0.28%	0.11%	0.11%

SZNE Overweight 151 Positions Relative to NACP

Symbol	Grade	Weight
STLD	B	1.11%
SW	A	1.08%
IP	B	1.05%
PKG	A	1.01%
APD	A	1.0%
NUE	C	0.9%
CTVA	C	0.9%
SHW	A	0.86%
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%
CCL	B	0.69%
NCLH	B	0.64%
EXPE	B	0.63%
TPR	B	0.61%
PLTR	B	0.6%
BKNG	A	0.6%
LVS	C	0.59%
GRMN	B	0.57%
ABNB	C	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%
CMG	B	0.5%
ORLY	B	0.5%
HD	A	0.5%
POOL	C	0.49%
MGM	D	0.49%
DRI	B	0.48%
AXON	A	0.48%
MCD	D	0.47%
YUM	B	0.47%
TJX	A	0.47%
SBUX	A	0.47%
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%
CRM	B	0.44%
FICO	B	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%
BBY	D	0.42%
FTNT	C	0.42%
HPE	B	0.42%
JBL	B	0.41%
MHK	D	0.41%
CSCO	B	0.4%
DHI	D	0.4%
ADSK	A	0.4%
FFIV	B	0.4%
EPAM	C	0.4%
NOW	A	0.4%
ORCL	B	0.4%
DAY	B	0.39%
SNA	A	0.39%
MSI	B	0.39%
GNRC	B	0.39%
CDNS	B	0.39%
PAYC	B	0.39%
ZBRA	B	0.39%
TDY	B	0.38%
KEYS	A	0.38%
SNPS	B	0.38%
GEN	B	0.38%
GLW	B	0.38%
APH	A	0.38%
ANET	C	0.37%
PWR	A	0.37%
ANSS	B	0.37%
PTC	A	0.37%
GWW	B	0.36%
NTAP	C	0.36%
PH	A	0.36%
WAB	B	0.35%
IT	C	0.35%
PCAR	B	0.35%
TYL	B	0.35%
FAST	B	0.35%
WDC	D	0.34%
ROP	B	0.34%
ODFL	B	0.34%
IEX	B	0.34%
VRSN	F	0.34%
J	F	0.34%
TXN	C	0.34%
INTU	C	0.34%
PNR	A	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%
CAT	B	0.33%
JNPR	F	0.32%
PAYX	C	0.32%
CTAS	B	0.32%
WM	A	0.32%
ON	D	0.32%
ADI	D	0.32%
ADBE	C	0.32%
BR	A	0.32%
DOV	A	0.32%
AKAM	D	0.31%
AMAT	F	0.31%
AMD	F	0.31%
FTV	C	0.31%
RSG	A	0.31%
LRCX	F	0.31%
LDOS	C	0.31%
ROL	B	0.3%
ALLE	D	0.3%
RTX	C	0.3%
BLDR	D	0.29%
TDG	D	0.29%
MCHP	D	0.29%
KLAC	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%
LMT	D	0.28%
TER	D	0.27%
AOS	F	0.27%
CDW	F	0.27%
EFX	F	0.25%
HII	D	0.22%
QRVO	F	0.21%
MPWR	F	0.21%
ENPH	F	0.2%
SMCI	F	0.19%

SZNE Underweight 125 Positions Relative to NACP

Symbol	Grade	Weight
META	D	-3.63%
GOOGL	C	-2.41%
JPM	A	-2.39%
VZ	C	-2.26%
GOOG	C	-2.16%
XOM	B	-2.0%
UNH	C	-1.95%
V	A	-1.53%
JNJ	D	-1.44%
MA	C	-1.4%
ABBV	D	-1.22%
CVX	A	-1.04%
MRK	F	-1.03%
KO	D	-0.99%
BAC	A	-0.99%
PEP	F	-0.92%
TMO	F	-0.83%
WMT	A	-0.73%
ABT	B	-0.69%
NEE	D	-0.66%
DHR	F	-0.64%
PFE	D	-0.62%
AXP	A	-0.56%
SPGI	C	-0.55%
COP	C	-0.49%
ELV	F	-0.47%
MS	A	-0.47%
C	A	-0.45%
EA	A	-0.45%
T	A	-0.45%
MDT	D	-0.42%
PLD	D	-0.42%
BSX	B	-0.41%
MELI	D	-0.38%
CI	F	-0.37%
MDLZ	F	-0.36%
BMY	B	-0.35%
GILD	C	-0.35%
SO	D	-0.35%
SCHW	B	-0.33%
DUK	C	-0.32%
EQIX	A	-0.29%
PNC	B	-0.27%
CVS	D	-0.27%
PYPL	B	-0.27%
MCO	B	-0.26%
AON	A	-0.24%
MPC	D	-0.23%
BDX	F	-0.23%
PSX	C	-0.22%
TFC	A	-0.22%
WMB	A	-0.19%
AEP	D	-0.19%
OKE	A	-0.18%
SRE	A	-0.18%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
MET	A	-0.17%
BK	A	-0.17%
VLO	C	-0.17%
LNG	B	-0.16%
IPG	D	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
EXC	C	-0.15%
EW	C	-0.15%
PEG	A	-0.14%
A	D	-0.14%
KR	B	-0.13%
XEL	A	-0.12%
ED	D	-0.12%
KHC	F	-0.12%
AVB	B	-0.11%
VST	B	-0.11%
EIX	B	-0.11%
ADM	D	-0.11%
RMD	C	-0.11%
HSY	F	-0.1%
DVN	F	-0.1%
WEC	A	-0.1%
BIIB	F	-0.1%
PCG	A	-0.09%
TROW	B	-0.09%
SYF	B	-0.08%
SBAC	D	-0.08%
PPL	B	-0.08%
FE	C	-0.08%
ETR	B	-0.08%
NDAQ	A	-0.08%
DTE	C	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
LII	A	-0.07%
CMS	C	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
DOC	D	-0.06%
DGX	A	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
NI	A	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
LNT	A	-0.05%
AES	F	-0.05%
BG	F	-0.05%
CPB	D	-0.04%
REG	B	-0.04%
LECO	B	-0.04%
TFX	F	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%
TAP	C	-0.03%