AADR vs. ECOW ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to Pacer Emerging Markets Cash Cows 100 ETF (ECOW)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$61.48

Average Daily Volume

1,218

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECOW

Pacer Emerging Markets Cash Cows 100 ETF

ECOW Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows 100 Index (the "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 the index. The index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization U.S. companies with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as "cash cows". The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.36

Average Daily Volume

24,821

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AADR	ECOW
30 Days	-1.16%	2.16%
60 Days	5.65%	2.86%
90 Days	9.56%	3.70%
12 Months	30.37%	10.16%

2 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in ECOW	Overlap
	KOF	B	2.57%	1.16%	1.16%
	VIV	D	1.69%	1.5%	1.5%

AADR Overweight 26 Positions Relative to ECOW

Symbol	Grade	Weight
NVO	B	6.56%
YPF	A	4.63%
ABBV	D	3.51%
MUFG	D	3.41%
BMA	A	3.36%
BBVA	A	3.36%
GGAL	A	3.3%
CX	C	3.01%
ERJ	A	2.99%
RELX	C	2.85%
PAM	A	2.74%
HMY	A	2.69%
ASX	D	2.66%
SAP	C	2.62%
FMX	D	2.59%
PBR	A	2.55%
TNP	A	2.45%
NMR	D	2.44%
ING	A	2.38%
SMFG	D	2.22%
MELI	D	2.17%
NXPI	B	2.07%
LOGI	D	2.05%
E	A	1.85%
VIPS	D	1.82%
ELP	F	0.85%

AADR Underweight 8 Positions Relative to ECOW

Symbol	Grade	Weight
BABA	C	-1.85%
JD	B	-1.79%
ABEV	F	-1.52%
VALE	D	-1.46%
TLK	F	-1.29%
CIG	B	-0.87%
GGB	D	-0.68%
ASR	A	-0.65%