BULD vs. MNA ETF Comparison

Comparison of Pacer BlueStar Engineering the Future ETF (BULD) to IQ Merger Arbitrage ETF (MNA)

BULD

Pacer BlueStar Engineering the Future ETF

BULD Description

The index is a rules-based index that consists of globally-listed stocks and depositary receipts of companies that derive at least 50% of their revenues from Robotics and 3D Printing Companies, as determined by the index provider. The fund adviser will generally use a ?replication? strategy to achieve its investment objective, meaning it will invest in all of the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.45

Average Daily Volume

515

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MNA

IQ Merger Arbitrage ETF

MNA Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

56,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BULD	MNA
30 Days	-9.42%	-1.68%
60 Days	-11.07%	-1.56%
90 Days	-3.85%	-0.45%
12 Months	10.35%	-1.13%

1 Overlapping Holdings

	Symbol	Grade	Weight in BULD	Weight in MNA	Overlap
	ANSS	D	4.04%	6.47%	4.04%

BULD Overweight 24 Positions Relative to MNA

Symbol	Grade	Weight
ASML	D	9.63%
ADSK	F	6.96%
AMAT	D	6.14%
LRCX	D	4.77%
NNDM	D	3.96%
PRLB	F	3.83%
SSYS	F	3.67%
KLAC	C	3.62%
PTC	D	2.94%
EMR	C	2.66%
DDD	F	2.49%
FARO	C	2.37%
BSY	B	2.26%
ROK	F	1.23%
MTLS	B	0.66%
LECO	D	0.63%
TDY	D	0.62%
TER	A	0.6%
ALTR	D	0.44%
ONTO	B	0.43%
CGNX	C	0.34%
ACLS	D	0.18%
KLIC	F	0.17%
AMBA	D	0.14%

BULD Underweight 28 Positions Relative to MNA

Symbol	Grade	Weight
PXD	A	-7.57%
HES	A	-7.48%
DFS	B	-6.7%
ETRN	B	-6.26%
X	F	-6.13%
CTLT	C	-5.59%
JNPR	C	-4.87%
CPRI	F	-3.83%
CERE	A	-2.81%
AMED	D	-2.66%
SIX	D	-2.51%
FUSN	A	-2.5%
AXNX	B	-2.37%
DOOR	A	-2.15%
OLK	C	-1.81%
VZIO	C	-1.12%
MGRC	D	-1.07%
SRCL	F	-0.87%
HAYN	A	-0.8%
SP	A	-0.76%
EVBG	A	-0.75%
NS	C	-0.65%
INBX	C	-0.61%
HA	C	-0.59%
NWLI	A	-0.53%
TAST	A	-0.37%
XT	D	--0.24%
XOP	B	--6.52%