GCOW vs. IQDF ETF Comparison

Comparison of Pacer Global Cash Cows Dividend ETF (GCOW) to FlexShares International Quality Dividend Index Fund (IQDF)

GCOW

Pacer Global Cash Cows Dividend ETF

GCOW Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Global Cash Cows Dividend Index. Under normal circumstances, the fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the components of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities (e.g., depositary receipts). The index uses an objective, rules-based methodology to provide exposure to global companies with high dividend yields backed by a high free cash flow yield. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.91

Average Daily Volume

218,373

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQDF

FlexShares International Quality Dividend Index Fund

IQDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$24.42

Average Daily Volume

39,786

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GCOW	IQDF
30 Days	-2.24%	-4.49%
60 Days	-3.75%	-3.78%
90 Days	-3.52%	-4.57%
12 Months	6.80%	15.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in GCOW	Weight in IQDF	Overlap
	NVS	F	1.93%	1.89%	1.89%
	STLA	F	1.22%	0.27%	0.27%

GCOW Overweight 24 Positions Relative to IQDF

Symbol	Grade	Weight
GILD	C	2.71%
BMY	B	2.69%
T	A	2.49%
PM	B	2.46%
IBM	C	2.39%
MO	A	2.38%
BTI	B	2.33%
MMM	D	2.27%
CVX	A	2.05%
VZ	C	2.02%
SNY	F	1.93%
ABBV	F	1.93%
UPS	C	1.93%
RIO	D	1.78%
BHP	F	1.78%
TTE	F	1.74%
E	F	1.7%
EOG	A	1.69%
BP	D	1.64%
WMB	A	1.63%
CVS	D	1.45%
VOD	F	1.34%
GSK	F	1.28%
KHC	F	0.93%

GCOW Underweight 10 Positions Relative to IQDF

Symbol	Grade	Weight
MUFG	B	-0.54%
HSBH	B	-0.54%
BCS	A	-0.48%
SMFG	B	-0.4%
BABA	D	-0.3%
UMC	F	-0.23%
AGCO	D	-0.21%
VALE	F	-0.2%
UL	D	-0.08%
CNI	F	-0.03%