USMV vs. ALTL ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Pacer Lunt Large Cap Alternator ETF (ALTL)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

ALTL

Pacer Lunt Large Cap Alternator ETF

ALTL Description

A strategy-driven large cap exchange traded fund (ETF) that seeks to track the investment returns of an index that alternates exposure between low volatility and high beta stocks in the S&P 500 Index.

Grade (RS Rating)

Last Trade

$39.40

Average Daily Volume

32,904

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	USMV	ALTL
30 Days	1.70%	2.22%
60 Days	2.42%	3.27%
90 Days	4.02%	5.68%
12 Months	25.63%	19.87%

59 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in ALTL	Overlap
ABT	B	0.09%	0.97%	0.09%
ADP	B	0.09%	1.1%	0.09%
AEP	D	0.39%	0.9%	0.39%
AJG	B	1.27%	0.94%	0.94%
ATO	A	0.06%	1.21%	0.06%
BR	A	0.05%	0.97%	0.05%
BRK.A	B	1.55%	1.31%	1.31%
CB	C	1.47%	1.01%	1.01%
CHD	B	0.4%	1.07%	0.4%
CL	D	0.41%	1.23%	0.41%
CME	A	0.53%	1.04%	0.53%
CMS	C	0.19%	1.03%	0.19%
COR	B	0.67%	0.98%	0.67%
CVX	A	0.34%	0.93%	0.34%
DTE	C	0.2%	0.9%	0.2%
DUK	C	1.49%	1.07%	1.07%
EA	A	0.89%	1.03%	0.89%
ED	D	1.13%	1.0%	1.0%
FI	A	0.69%	1.07%	0.69%
GD	F	0.05%	1.03%	0.05%
GIS	D	0.66%	0.88%	0.66%
HIG	B	0.12%	0.9%	0.12%
HOLX	D	0.16%	0.95%	0.16%
HON	B	0.25%	1.1%	0.25%
ICE	C	0.28%	1.06%	0.28%
JNJ	D	1.18%	1.11%	1.11%
KDP	D	0.59%	0.96%	0.59%
KMB	D	0.21%	0.98%	0.21%
KO	D	0.1%	1.37%	0.1%
L	A	0.28%	1.14%	0.28%
LIN	D	0.16%	1.07%	0.16%
LMT	D	0.82%	1.04%	0.82%
LNT	A	0.1%	1.05%	0.1%
MA	C	0.7%	1.12%	0.7%
MCD	D	1.25%	0.96%	0.96%
MDLZ	F	0.44%	0.99%	0.44%
MDT	D	0.13%	0.92%	0.13%
MMC	B	1.11%	1.17%	1.11%
MSI	B	1.81%	1.07%	1.07%
NOC	D	1.43%	0.87%	0.87%
ORLY	B	0.68%	0.91%	0.68%
OTIS	C	0.07%	0.94%	0.07%
PEP	F	1.01%	1.04%	1.01%
PG	A	1.23%	1.22%	1.22%
PKG	A	0.2%	0.88%	0.2%
ROP	B	1.3%	0.97%	0.97%
RSG	A	1.55%	1.22%	1.22%
RTX	C	0.09%	0.94%	0.09%
SO	D	1.35%	1.0%	1.0%
TJX	A	0.45%	1.03%	0.45%
TMUS	B	1.95%	1.17%	1.17%
V	A	0.9%	1.09%	0.9%
VRSN	F	0.64%	0.93%	0.64%
WEC	A	0.78%	0.97%	0.78%
WM	A	1.44%	0.96%	0.96%
WMB	A	0.31%	0.98%	0.31%
WMT	A	1.78%	0.92%	0.92%
WTW	B	0.38%	0.95%	0.38%
YUM	B	0.5%	1.07%	0.5%

USMV Overweight 111 Positions Relative to ALTL

Symbol	Grade	Weight
PGR	A	1.67%
IBM	C	1.66%
WCN	A	1.56%
CSCO	B	1.47%
APH	A	1.44%
TXN	C	1.39%
VZ	C	1.35%
MCK	B	1.35%
MSFT	F	1.34%
UNH	C	1.34%
ORCL	B	1.31%
ACN	C	1.29%
LLY	F	1.25%
AVGO	D	1.19%
TRV	B	1.15%
ABBV	D	1.04%
MRK	F	1.01%
GDDY	A	1.0%
AAPL	C	0.99%
AZO	C	0.98%
GILD	C	0.94%
FCNCA	A	0.88%
CBOE	B	0.85%
K	A	0.8%
CTSH	B	0.76%
NOW	A	0.75%
T	A	0.74%
TSN	B	0.71%
VRTX	F	0.69%
ACGL	D	0.68%
NVDA	C	0.67%
KR	B	0.61%
AMGN	D	0.59%
FICO	B	0.59%
REGN	F	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	D	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
BMY	B	0.49%
XEL	A	0.46%
NEM	D	0.46%
UBER	D	0.45%
JNPR	F	0.45%
XOM	B	0.45%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
HUM	C	0.4%
BAH	F	0.39%
CMCSA	B	0.39%
AKAM	D	0.39%
KHC	F	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	0.35%
MKL	A	0.34%
GRMN	B	0.33%
CPB	D	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
WRB	A	0.31%
GLW	B	0.31%
FWONK	B	0.31%
HSY	F	0.3%
HD	A	0.3%
ANET	C	0.29%
AEE	A	0.24%
HUBS	A	0.24%
ADI	D	0.23%
D	C	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
NTAP	C	0.22%
BMRN	D	0.22%
HRL	D	0.21%
CI	F	0.21%
TW	A	0.2%
PFE	D	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CDNS	B	0.18%
MELI	D	0.18%
MOH	F	0.18%
SNPS	B	0.18%
EOG	A	0.17%
STX	D	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
DELL	C	0.12%
OXY	D	0.12%
DGX	A	0.11%
TEL	B	0.07%
PSX	C	0.06%
FSLR	F	0.06%
KNX	B	0.06%
VLO	C	0.05%
CRM	B	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 41 Positions Relative to ALTL

Symbol	Grade	Weight
ITW	B	-1.09%
PPL	B	-1.09%
KMI	A	-1.06%
NI	A	-1.04%
FE	C	-1.04%
PEG	A	-1.03%
BSX	B	-1.02%
EVRG	A	-1.02%
SPGI	C	-1.01%
SRE	A	-1.01%
OKE	A	-0.98%
BK	A	-0.98%
SYK	C	-0.97%
PM	B	-0.95%
EIX	B	-0.95%
CTAS	B	-0.94%
WELL	A	-0.94%
HLT	A	-0.94%
STZ	D	-0.94%
NDAQ	A	-0.93%
MO	A	-0.93%
PPG	F	-0.93%
REG	B	-0.92%
VICI	C	-0.92%
BRO	B	-0.92%
AVY	D	-0.92%
PCG	A	-0.92%
AMP	A	-0.92%
O	D	-0.92%
ECL	D	-0.91%
UNP	C	-0.91%
AVB	B	-0.91%
LHX	C	-0.9%
LYB	F	-0.9%
PNW	B	-0.9%
FRT	B	-0.89%
JKHY	D	-0.89%
SYY	B	-0.89%
PAYX	C	-0.87%
CSX	B	-0.85%
LDOS	C	-0.72%