MGMT vs. PEXL ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Pacer US Export Leaders ETF (PEXL)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$43.12

Average Daily Volume

12,244

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEXL

Pacer US Export Leaders ETF

PEXL Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Export Leaders Index (the "index"). The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index. The index uses an objective, rules-based methodology to measure the performance of an equal weight portfolio of approximately 100 large- and mid-capitalization U.S. companies with a high percentage of foreign sales and high free cash flow growth. Free cash flow is a company's cash flow from operations minus its capital expenditures. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.97

Average Daily Volume

3,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	PEXL
30 Days	12.09%	0.34%
60 Days	12.18%	0.76%
90 Days	14.55%	-0.24%
12 Months	26.00%	18.16%

2 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in PEXL	Overlap
	BCO	F	1.54%	0.86%	0.86%
	G	B	1.58%	1.13%	1.13%

MGMT Overweight 42 Positions Relative to PEXL

Symbol	Grade	Weight
NRP	B	5.38%
AGM	B	3.65%
CVCO	A	3.49%
PHIN	A	3.41%
IGIC	B	3.36%
EXP	B	2.96%
CEIX	A	2.89%
TPB	B	2.75%
MTG	C	2.69%
AZZ	A	2.66%
CBNK	B	2.64%
BELFB	C	2.51%
CASS	C	2.36%
GEO	B	2.22%
LSTR	D	2.14%
IMXI	B	2.11%
PATK	C	2.03%
TDC	D	1.98%
BLCO	B	1.96%
LII	A	1.94%
ECVT	C	1.87%
EPR	C	1.53%
BWA	D	1.5%
RCMT	C	1.46%
KOS	D	1.38%
KN	B	1.28%
CMPO	B	1.25%
TRIP	F	1.23%
GSM	D	1.22%
IPGP	D	1.13%
EPSN	B	1.12%
IMKTA	C	1.06%
BIOX	F	1.05%
IRMD	C	1.03%
EXTR	C	1.02%
GPRE	F	0.97%
CRMT	D	0.96%
NTIC	B	0.9%
DOX	D	0.9%
TKR	D	0.89%
UFPT	C	0.89%
RMNI	C	0.41%

MGMT Underweight 97 Positions Relative to PEXL

Symbol	Grade	Weight
RMBS	B	-1.31%
COHR	B	-1.29%
MTSI	B	-1.27%
BKR	A	-1.27%
FTNT	C	-1.24%
BKNG	A	-1.24%
JBL	C	-1.23%
HPE	B	-1.23%
GRMN	B	-1.18%
KD	B	-1.17%
NVDA	B	-1.16%
HWM	A	-1.15%
RL	C	-1.15%
ALTR	B	-1.14%
WAB	B	-1.14%
LSCC	D	-1.13%
GXO	B	-1.13%
FN	C	-1.13%
ABNB	C	-1.11%
ITT	A	-1.1%
CAT	B	-1.1%
GLW	B	-1.1%
IR	B	-1.1%
APH	A	-1.1%
AXTA	B	-1.1%
NFLX	A	-1.1%
ATR	B	-1.1%
WMG	D	-1.09%
GOOGL	C	-1.09%
PTC	B	-1.08%
SNPS	B	-1.08%
NWSA	A	-1.07%
CDNS	B	-1.07%
INGR	C	-1.06%
META	D	-1.06%
CBT	D	-1.06%
DCI	B	-1.05%
ANSS	B	-1.04%
WST	C	-1.04%
PVH	C	-1.03%
HAL	C	-1.03%
XOM	B	-1.03%
AVGO	D	-1.02%
FCX	F	-1.01%
ALV	C	-1.01%
MOS	F	-1.01%
NOVT	D	-1.0%
NDSN	B	-1.0%
NOV	C	-1.0%
VC	F	-0.99%
CTVA	C	-0.99%
GE	D	-0.99%
CNH	C	-0.99%
LFUS	D	-0.98%
DD	C	-0.98%
CCK	D	-0.98%
AGCO	D	-0.97%
AMAT	F	-0.96%
NEU	D	-0.96%
QCOM	F	-0.96%
AAPL	C	-0.96%
LRCX	F	-0.95%
RGEN	D	-0.95%
ADI	D	-0.94%
UBER	F	-0.94%
WFRD	D	-0.94%
MSFT	D	-0.93%
LIN	C	-0.93%
A	D	-0.93%
ON	D	-0.93%
ARW	D	-0.92%
AMD	F	-0.92%
AMCR	C	-0.9%
KMB	C	-0.89%
ALGM	D	-0.89%
FMC	D	-0.89%
AVY	F	-0.89%
APA	D	-0.88%
SKX	D	-0.87%
ASH	F	-0.87%
IQV	F	-0.87%
MTD	F	-0.87%
BG	D	-0.86%
KLAC	F	-0.85%
DHR	F	-0.85%
IFF	D	-0.84%
ONTO	F	-0.84%
ADM	D	-0.83%
MRK	D	-0.83%
OLED	F	-0.8%
APTV	F	-0.77%
COTY	F	-0.77%
CROX	D	-0.76%
BMRN	F	-0.75%
CRUS	D	-0.75%
MPWR	F	-0.68%
CNXC	F	-0.61%