AIRR vs. CALF ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to Pacer US Small Cap Cash Cows 100 ETF (CALF)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.89

Average Daily Volume

340,602

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CALF

Pacer US Small Cap Cash Cows 100 ETF

CALF 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.

Grade (RS Rating)

Last Trade

$46.10

Average Daily Volume

1,253,260

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	CALF
30 Days	6.92%	-1.15%
60 Days	9.85%	-1.49%
90 Days	18.03%	4.06%
12 Months	61.75%	8.00%

4 Overlapping Holdings

Symbol	Grade	Weight in AIRR	Weight in CALF	Overlap
DNOW	B	0.87%	0.92%	0.87%
MLI	B	3.42%	2.46%	2.46%
POWL	C	0.91%	1.31%	0.91%
PRLB	B	0.8%	0.24%	0.24%

AIRR Overweight 48 Positions Relative to CALF

Symbol	Grade	Weight
AAON	B	3.32%
AIT	A	3.3%
GVA	A	3.25%
EME	B	3.09%
RBC	A	3.04%
BWXT	A	2.98%
KEX	A	2.96%
ZWS	B	2.93%
MDU	D	2.9%
MSM	D	2.87%
CHRW	A	2.82%
HRI	B	2.74%
ATKR	C	2.73%
DY	C	2.72%
CLH	C	2.71%
PRIM	A	2.63%
CNM	C	2.56%
MTZ	B	2.55%
FIX	A	2.52%
FSS	B	2.38%
WMS	F	2.33%
ROAD	B	2.16%
HII	F	2.08%
ACA	A	1.75%
MWA	B	1.74%
FNB	A	1.72%
STRL	B	1.71%
ASB	B	1.42%
WTFC	A	1.41%
ONB	B	1.38%
MRCY	B	1.28%
GBX	A	1.15%
HEES	B	1.12%
VSEC	B	1.06%
BLBD	F	0.96%
FULT	A	0.94%
TGI	A	0.91%
WNC	C	0.91%
FFBC	A	0.87%
LMB	A	0.83%
TPC	B	0.81%
XMTR	C	0.78%
PRK	B	0.78%
FRME	A	0.77%
FCF	A	0.67%
AMRC	F	0.62%
LKFN	A	0.57%
TRNS	F	0.53%

AIRR Underweight 91 Positions Relative to CALF

Symbol	Grade	Weight
SKYW	B	-2.63%
BTU	B	-2.38%
HBI	A	-2.19%
TGNA	B	-2.17%
SM	C	-2.1%
AMR	C	-2.04%
SIG	C	-2.04%
DXC	D	-2.01%
SLVM	B	-2.01%
CEIX	A	-1.9%
ANDE	C	-1.86%
ETSY	D	-1.83%
PTEN	C	-1.8%
KSS	F	-1.75%
MATX	B	-1.72%
KTB	A	-1.69%
GIII	D	-1.62%
CALM	A	-1.53%
XRX	F	-1.51%
ARCH	B	-1.5%
VSTO	A	-1.49%
SCSC	B	-1.46%
NSIT	F	-1.44%
LCII	D	-1.44%
WKC	D	-1.34%
LBRT	F	-1.32%
ALKS	C	-1.31%
ASO	F	-1.3%
PATK	C	-1.29%
CVI	D	-1.27%
IDCC	A	-1.25%
PLUS	F	-1.19%
ADNT	F	-1.17%
KFY	B	-1.16%
ATGE	B	-1.15%
CENT	C	-1.09%
YELP	C	-1.09%
HUBG	A	-1.04%
HP	C	-1.04%
LEG	F	-1.04%
BHE	B	-1.01%
LPG	F	-1.0%
PHIN	A	-0.98%
PINC	B	-0.93%
MLKN	F	-0.92%
BKE	A	-0.88%
PCRX	C	-0.88%
FTRE	D	-0.85%
COLL	F	-0.84%
WGO	C	-0.79%
PTGX	D	-0.79%
RES	F	-0.76%
GES	F	-0.75%
HELE	C	-0.74%
WOR	F	-0.71%
SUPN	B	-0.71%
APOG	B	-0.71%
HRMY	D	-0.7%
ROCK	C	-0.7%
CPRX	C	-0.68%
PARR	D	-0.65%
PRDO	B	-0.64%
HLX	C	-0.63%
OMCL	C	-0.63%
PLAB	D	-0.62%
PUMP	C	-0.6%
INVA	C	-0.6%
DXPE	B	-0.56%
CNXN	D	-0.56%
FOXF	F	-0.56%
KN	B	-0.52%
IRWD	D	-0.52%
CLW	F	-0.52%
CAL	F	-0.51%
NTCT	B	-0.5%
CARS	B	-0.5%
TRIP	D	-0.49%
HSII	B	-0.47%
PGNY	F	-0.37%
ANIP	D	-0.36%
SCVL	F	-0.35%
MTUS	F	-0.31%
TWI	F	-0.31%
ETD	D	-0.25%
LQDT	A	-0.24%
USNA	C	-0.24%
THRY	F	-0.24%
SCHL	F	-0.23%
REX	C	-0.22%
IIIN	C	-0.21%
KELYA	F	-0.2%