AFSM vs. COWZ ETF Comparison

Comparison of Active Factor Small Cap ETF (AFSM) to Pacer US Cash Cows 100 ETF (COWZ)

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.64

Average Daily Volume

6,330

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

COWZ

Pacer US Cash Cows 100 ETF

COWZ Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Small Cap Cash Cows 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 small-capitalization U.S. companies with high free cash flow yields. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.37

Average Daily Volume

1,767,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFSM	COWZ
30 Days	4.07%	3.51%
60 Days	8.85%	8.47%
90 Days	9.41%	9.29%
12 Months	30.99%	22.52%

11 Overlapping Holdings

Symbol	Grade	Weight in AFSM	Weight in COWZ	Overlap
AMKR	F	0.25%	0.44%	0.25%
AYI	A	0.14%	0.51%	0.14%
CHRD	F	0.12%	0.64%	0.12%
DDS	D	0.46%	0.49%	0.46%
DXC	C	0.29%	0.94%	0.29%
HRB	C	0.5%	0.56%	0.5%
KSS	D	0.07%	0.62%	0.07%
NVST	D	0.17%	0.27%	0.17%
PINC	F	0.43%	0.17%	0.17%
TDC	D	0.04%	0.24%	0.04%
WFRD	F	0.44%	0.49%	0.44%

AFSM Overweight 284 Positions Relative to COWZ

Symbol	Grade	Weight
NHC	D	1.19%
MLI	B	1.14%
IDCC	A	0.99%
SKYW	B	0.99%
ALKS	B	0.98%
CPRX	C	0.87%
MHO	C	0.86%
CRS	B	0.85%
ANF	D	0.85%
SFM	A	0.83%
DAKT	D	0.81%
MTG	A	0.81%
BCC	C	0.77%
RDN	D	0.77%
PFBC	D	0.77%
FIX	A	0.74%
HALO	D	0.73%
TMHC	C	0.73%
EME	B	0.72%
ZETA	B	0.72%
UVE	C	0.72%
CVLT	B	0.7%
STRL	B	0.69%
JXN	A	0.69%
BMI	A	0.67%
HWKN	B	0.67%
TBBK	A	0.67%
NMIH	B	0.66%
CALM	A	0.65%
COOP	B	0.63%
PLUS	B	0.63%
NHI	C	0.63%
AROC	B	0.62%
SLVM	C	0.61%
UFPT	D	0.6%
LNTH	C	0.6%
CRVL	C	0.6%
MCY	B	0.6%
SLG	C	0.6%
SANM	D	0.59%
PI	A	0.59%
COKE	C	0.59%
NTB	D	0.59%
ACT	B	0.57%
GMS	B	0.57%
BELFB	A	0.57%
GMED	B	0.57%
KBH	D	0.57%
CEIX	B	0.57%
BTU	B	0.56%
FDP	C	0.56%
HSII	D	0.55%
DOLE	C	0.55%
OFG	D	0.55%
SUPN	D	0.54%
MUSA	D	0.53%
STBA	D	0.53%
DFIN	B	0.52%
APPF	C	0.52%
REZI	D	0.51%
PRK	D	0.51%
AMWD	C	0.51%
TGNA	B	0.5%
POWL	B	0.5%
CHCO	D	0.5%
CORT	B	0.49%
BXC	D	0.49%
IIPR	C	0.49%
TEX	F	0.48%
EGBN	C	0.48%
RMR	B	0.48%
BRBR	A	0.48%
WT	D	0.48%
LPG	F	0.47%
EVER	D	0.46%
BLBD	D	0.44%
ADUS	D	0.44%
PLAB	D	0.44%
CSWI	A	0.44%
YOU	C	0.44%
YMAB	C	0.43%
PRDO	D	0.43%
ESNT	A	0.42%
VRNT	F	0.41%
SPNS	B	0.41%
CAL	F	0.41%
CVNA	A	0.41%
PRGS	A	0.4%
M	D	0.4%
MTH	C	0.4%
AMR	F	0.4%
HRMY	D	0.39%
BDC	A	0.39%
SIG	C	0.39%
GRBK	C	0.38%
HIW	C	0.38%
HIMS	C	0.38%
CNXN	C	0.38%
WNC	F	0.38%
ANIP	F	0.38%
TMDX	D	0.37%
ODP	F	0.36%
LGND	C	0.36%
PBF	F	0.35%
PDM	C	0.35%
BPMC	F	0.35%
TWI	F	0.34%
QTWO	B	0.34%
CCRN	F	0.34%
MATX	C	0.34%
RXST	F	0.34%
AVNS	D	0.33%
INMD	F	0.33%
ASO	D	0.33%
MOG.A	C	0.33%
FBP	B	0.33%
HDSN	F	0.33%
ASC	D	0.32%
SCS	D	0.32%
ATKR	F	0.32%
LRN	D	0.32%
LOPE	D	0.32%
RDNT	C	0.32%
CRAI	B	0.32%
APOG	B	0.32%
USLM	C	0.31%
CUZ	C	0.31%
PRMW	B	0.31%
BNL	C	0.31%
MD	B	0.3%
SBRA	C	0.3%
CASH	C	0.3%
IESC	A	0.3%
VRNS	B	0.3%
CMC	D	0.3%
AKR	B	0.29%
TILE	C	0.29%
TRMK	D	0.29%
GNK	D	0.29%
INSW	B	0.28%
GEO	D	0.28%
PSN	A	0.28%
BKH	C	0.28%
PFS	D	0.28%
CNK	D	0.28%
ATGE	D	0.28%
BKE	B	0.28%
HCI	B	0.28%
TCMD	C	0.28%
HUBG	D	0.27%
IBOC	D	0.27%
AZZ	B	0.27%
DNOW	F	0.27%
MEDP	F	0.27%
PRG	C	0.27%
THFF	D	0.26%
HURN	D	0.26%
HCC	C	0.26%
GIII	C	0.26%
PRM	C	0.26%
ADMA	A	0.26%
VIRT	B	0.26%
BHE	C	0.26%
PHIN	D	0.26%
HLX	C	0.25%
SBH	B	0.24%
MED	F	0.24%
NTCT	C	0.24%
ABG	D	0.24%
BKU	D	0.24%
ONTO	B	0.24%
INTA	C	0.23%
KN	B	0.23%
KELYA	D	0.23%
DHT	B	0.23%
SMP	D	0.23%
ITCI	D	0.23%
VNDA	F	0.22%
UCTT	D	0.22%
CMPR	F	0.22%
IMKTA	F	0.22%
GOGL	C	0.22%
LMAT	A	0.22%
PIPR	A	0.22%
STNG	B	0.22%
EXTR	D	0.21%
CRDO	B	0.21%
NUS	F	0.21%
NSSC	F	0.21%
SIGA	F	0.21%
MRVI	F	0.21%
HAE	F	0.21%
ENS	B	0.21%
AXSM	D	0.2%
BLFS	D	0.2%
NX	F	0.2%
ASGN	D	0.2%
KRC	C	0.2%
ADNT	F	0.2%
NAVI	D	0.2%
SXC	F	0.2%
XRX	D	0.2%
TNC	F	0.2%
HOV	D	0.2%
PK	D	0.2%
HY	D	0.2%
VSH	F	0.19%
WABC	F	0.19%
SCVL	D	0.18%
TPC	A	0.18%
GES	F	0.18%
SGBX	F	0.18%
AGX	A	0.18%
VCTR	A	0.18%
SD	D	0.18%
OSCR	C	0.17%
HROW	B	0.16%
BRC	C	0.16%
MAX	C	0.15%
CECO	D	0.14%
CWCO	F	0.14%
MOV	F	0.14%
ASTH	B	0.14%
TARS	C	0.14%
SCSC	D	0.14%
METC	D	0.14%
PCRX	D	0.13%
TWST	D	0.13%
CLW	F	0.13%
ALRM	F	0.13%
TGTX	D	0.13%
ALKT	D	0.12%
CGEM	F	0.12%
INVA	B	0.12%
EIG	A	0.12%
AIT	B	0.12%
NECB	C	0.12%
CSGS	B	0.12%
AMCX	F	0.11%
YEXT	B	0.1%
SPSC	D	0.1%
GFF	C	0.1%
RAMP	F	0.09%
TPH	C	0.08%
CTRE	C	0.08%
MLKN	F	0.08%
KTB	C	0.08%
KRYS	D	0.08%
OMI	F	0.07%
NSIT	B	0.07%
WGO	D	0.07%
VSTO	B	0.06%
JWN	D	0.06%
COLL	A	0.06%
AMN	F	0.06%
EOLS	C	0.06%
PHR	F	0.05%
OTTR	F	0.05%
ETD	C	0.05%
FORM	D	0.05%
REVG	D	0.05%
ATEN	B	0.05%
SWX	C	0.05%
ANDE	D	0.05%
GRND	D	0.05%
FTDR	B	0.05%
CTS	B	0.05%
APAM	B	0.05%
AMPH	C	0.05%
OGS	C	0.05%
JBI	F	0.04%
VITL	C	0.04%
HE	F	0.04%
LBRT	D	0.04%
SEMR	C	0.04%
ACLS	F	0.03%
RYI	D	0.03%
PGNY	F	0.03%
EMBC	F	0.03%
SWI	B	0.03%
ACIW	A	0.02%
MITK	F	0.0%
MAIN	A	0.0%
EPAC	A	0.0%

AFSM Underweight 88 Positions Relative to COWZ

Symbol	Grade	Weight
HPE	B	-2.16%
ABNB	D	-2.08%
NUE	D	-2.08%
BMY	A	-2.06%
CVX	B	-2.05%
EOG	B	-2.0%
T	B	-2.0%
QCOM	D	-1.99%
LEN	C	-1.99%
HAL	D	-1.98%
HPQ	B	-1.95%
COP	D	-1.95%
VLO	F	-1.94%
ADM	F	-1.9%
GEN	A	-1.89%
MPC	D	-1.89%
EXPE	B	-1.88%
CAH	B	-1.87%
FANG	D	-1.87%
DVN	F	-1.82%
COR	F	-1.81%
MO	D	-1.8%
MRO	B	-1.6%
BLDR	C	-1.57%
ZM	B	-1.49%
DINO	F	-1.47%
CAG	D	-1.38%
FOXA	B	-1.33%
CLF	D	-1.33%
OC	C	-1.27%
SWKS	F	-1.26%
WSM	C	-1.25%
TAP	D	-1.18%
TPR	B	-1.11%
ARW	C	-1.09%
MTZ	A	-1.09%
SMG	C	-1.08%
GAP	F	-1.05%
OVV	D	-1.04%
JBL	C	-1.04%
SNA	C	-1.03%
PPC	C	-1.0%
JAZZ	F	-0.9%
ADTN	C	-0.87%
INGR	B	-0.87%
RL	B	-0.86%
MTCH	B	-0.82%
AGCO	D	-0.82%
DOCU	A	-0.81%
CROX	C	-0.81%
SNX	C	-0.81%
WCC	D	-0.81%
UTHR	C	-0.77%
FTI	B	-0.77%
DBX	C	-0.76%
CNM	F	-0.74%
MAT	B	-0.73%
TWLO	B	-0.73%
SKX	B	-0.69%
PVH	D	-0.66%
ALSN	A	-0.65%
BWA	C	-0.65%
HOG	D	-0.63%
MIDD	D	-0.62%
QRVO	F	-0.6%
DOX	B	-0.59%
COLM	B	-0.59%
AM	A	-0.59%
ETSY	F	-0.57%
SEE	C	-0.56%
LEA	F	-0.54%
THO	C	-0.51%
LPX	C	-0.47%
NEU	F	-0.42%
CRUS	D	-0.39%
ZI	F	-0.37%
LYFT	D	-0.35%
UAA	B	-0.34%
RNG	F	-0.32%
MSM	D	-0.31%
PLTK	C	-0.31%
ASH	F	-0.3%
LEG	D	-0.29%
CRI	D	-0.29%
MAN	D	-0.26%
FTRE	F	-0.19%
IPGP	D	-0.19%
TRIP	D	-0.11%