TCAF vs. PALC ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

565,915

Number of Holdings ^*

* 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	TCAF	PALC
30 Days	1.74%	4.42%
60 Days	2.92%	6.04%
90 Days	3.99%	8.35%
12 Months	28.41%	36.24%

36 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in PALC	Overlap
ABBV	D	0.67%	0.38%	0.38%
ABT	B	1.24%	0.45%	0.45%
AJG	B	0.62%	0.47%	0.47%
AME	A	0.2%	0.79%	0.2%
AMT	D	0.7%	0.86%	0.7%
BA	F	0.09%	0.7%	0.09%
BIIB	F	0.53%	0.15%	0.15%
BKNG	A	0.34%	1.25%	0.34%
CME	A	0.24%	0.51%	0.24%
CMS	C	0.82%	0.55%	0.55%
CSX	B	0.28%	0.48%	0.28%
ELV	F	0.67%	0.32%	0.32%
GS	A	0.1%	1.96%	0.1%
HLT	A	0.92%	1.04%	0.92%
ICE	C	1.06%	0.5%	0.5%
IEX	B	0.33%	0.53%	0.33%
KDP	D	0.46%	0.42%	0.42%
LIN	D	1.24%	0.51%	0.51%
LNT	A	0.12%	0.45%	0.12%
MA	C	1.53%	0.58%	0.58%
MAR	B	0.28%	0.65%	0.28%
MCD	D	0.78%	2.85%	0.78%
MCK	B	1.05%	1.17%	1.05%
MMC	B	0.98%	0.56%	0.56%
MS	A	0.2%	1.36%	0.2%
MSCI	C	0.14%	0.65%	0.14%
NI	A	1.09%	0.09%	0.09%
PTC	A	1.67%	0.13%	0.13%
ROP	B	1.74%	0.53%	0.53%
RSG	A	0.44%	0.6%	0.44%
SBAC	D	0.55%	0.31%	0.31%
SBUX	A	0.38%	1.13%	0.38%
SPGI	C	0.2%	0.47%	0.2%
V	A	1.44%	0.65%	0.65%
WEC	A	0.12%	0.45%	0.12%
YUM	B	1.04%	0.89%	0.89%

TCAF Overweight 57 Positions Relative to PALC

Symbol	Grade	Weight
MSFT	F	8.23%
NVDA	C	6.12%
AAPL	C	5.34%
AMZN	C	4.51%
GOOGL	C	3.12%
UNH	C	2.95%
FTV	C	2.71%
DHR	F	2.63%
BDX	F	2.48%
RVTY	F	2.44%
META	D	2.3%
AEE	A	1.91%
WCN	A	1.64%
CRM	B	1.63%
INTU	C	1.55%
LLY	F	1.5%
CNP	B	1.49%
VLTO	D	1.49%
RTX	C	1.47%
AVGO	D	1.39%
DTE	C	1.31%
MLM	B	1.2%
IR	B	1.19%
NOC	D	1.18%
AMD	F	1.02%
ADSK	A	0.95%
TMO	F	0.93%
TDY	B	0.71%
SCI	B	0.68%
AVTR	F	0.67%
HUM	C	0.55%
GEHC	F	0.54%
NXPI	D	0.53%
KKR	A	0.49%
AUR	C	0.41%
NKE	D	0.36%
EXC	C	0.34%
LRCX	F	0.32%
ANSS	B	0.32%
ARGX	A	0.26%
DLTR	F	0.25%
ACN	C	0.25%
WTW	B	0.21%
CMG	B	0.16%
SYK	C	0.15%
SLB	C	0.15%
DIS	B	0.14%
CDNS	B	0.12%
KLAC	D	0.12%
XEL	A	0.11%
VMC	B	0.11%
TW	A	0.1%
INFA	D	0.1%
PNC	B	0.1%
TYL	B	0.06%
TT	A	0.05%
APH	A	0.04%

TCAF Underweight 145 Positions Relative to PALC

Symbol	Grade	Weight
TSLA	B	-3.78%
JPM	A	-3.26%
PM	B	-2.49%
ORCL	B	-2.07%
BAC	A	-1.98%
AMGN	D	-1.64%
LOW	D	-1.55%
WFC	A	-1.42%
MO	A	-1.39%
OKE	A	-1.07%
AON	A	-1.03%
C	A	-1.01%
NEE	D	-0.92%
PFE	D	-0.9%
BK	A	-0.88%
OTIS	C	-0.87%
MET	A	-0.77%
TDG	D	-0.76%
TMUS	B	-0.72%
HCA	F	-0.69%
BRK.A	B	-0.69%
ORLY	B	-0.69%
VRTX	F	-0.64%
FI	A	-0.64%
VRSN	F	-0.63%
AMP	A	-0.62%
KMI	A	-0.61%
L	A	-0.6%
WMB	A	-0.59%
WMT	A	-0.59%
HON	B	-0.58%
FTNT	C	-0.57%
FICO	B	-0.57%
KO	D	-0.56%
MSI	B	-0.56%
ATO	A	-0.55%
AZO	C	-0.55%
CSCO	B	-0.55%
ITW	B	-0.55%
TJX	A	-0.55%
ETR	B	-0.54%
FE	C	-0.54%
PG	A	-0.54%
ADP	B	-0.52%
CB	C	-0.51%
PKG	A	-0.51%
HIG	B	-0.5%
PRU	A	-0.5%
JNJ	D	-0.49%
COR	B	-0.49%
PFG	D	-0.49%
EA	A	-0.49%
WM	A	-0.49%
PAYX	C	-0.49%
CTAS	B	-0.49%
CL	D	-0.49%
SRE	A	-0.49%
WELL	A	-0.48%
CHD	B	-0.48%
COST	B	-0.48%
DRI	B	-0.48%
PPL	B	-0.48%
DUK	C	-0.47%
AIG	B	-0.47%
PEG	A	-0.47%
OMC	C	-0.47%
BRO	B	-0.47%
AVY	D	-0.46%
BR	A	-0.46%
AFL	B	-0.46%
UNP	C	-0.46%
GD	F	-0.46%
AVB	B	-0.45%
SO	D	-0.45%
PEP	F	-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%
LMT	D	-0.44%
PPG	F	-0.43%
MDLZ	F	-0.43%
ED	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%
GIS	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%
REGN	F	-0.33%
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%
HUBB	B	-0.15%
WAT	B	-0.15%
UAL	A	-0.15%
DPZ	C	-0.14%
VTR	C	-0.14%
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%
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%