ECOW vs. SMOG ETF Comparison

Comparison of Pacer Emerging Markets Cash Cows 100 ETF (ECOW) to VanEck Vectors Low Carbon Energy ETF (SMOG)

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

$20.96

Average Daily Volume

25,148

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$98.40

Average Daily Volume

2,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ECOW	SMOG
30 Days	3.10%	2.18%
60 Days	6.06%	-0.21%
90 Days	8.41%	3.81%
12 Months	14.80%	-11.36%

1 Overlapping Holdings

	Symbol	Grade	Weight in ECOW	Weight in SMOG	Overlap
	CIG	A	0.88%	0.71%	0.71%

ECOW Overweight 9 Positions Relative to SMOG

Symbol	Grade	Weight
JD	B	2.0%
BABA	B	1.96%
ABEV	D	1.55%
VALE	C	1.54%
VIV	C	1.51%
TLK	F	1.23%
KOF	A	1.18%
ASR	B	0.72%
GGB	D	0.68%

ECOW Underweight 28 Positions Relative to SMOG

Symbol	Grade	Weight
NEE	A	-9.73%
TSLA	D	-7.81%
LI	D	-3.72%
FSLR	B	-3.45%
ENPH	F	-3.06%
OC	A	-2.95%
RIVN	F	-1.49%
NIO	D	-1.4%
XPEV	D	-1.34%
IBP	B	-1.09%
EBR	D	-1.08%
BMI	A	-0.91%
ENS	C	-0.73%
SEDG	F	-0.72%
ORA	C	-0.64%
LCID	F	-0.58%
HASI	D	-0.48%
QS	F	-0.47%
ELP	D	-0.43%
TAC	B	-0.4%
BE	B	-0.39%
DQ	F	-0.37%
AY	A	-0.35%
RUN	F	-0.34%
ARRY	F	-0.34%
PLUG	F	-0.32%
JKS	D	-0.2%
CSIQ	F	-0.16%