BUL vs. COWS ETF Comparison

Comparison of Pacer US Cash Cows Growth ETF (BUL) to Amplify Cash Flow Dividend Leaders ETF (COWS)

BUL

Pacer US Cash Cows Growth ETF

BUL Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows Growth Index. The index uses an objective, rules-based methodology to provide exposure to mid- and large-capitalization U.S. companies with high free cash flow yields. 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. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.57

Average Daily Volume

7,089

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$31.28

Average Daily Volume

6,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BUL	COWS
30 Days	5.02%	6.07%
60 Days	6.36%	7.16%
90 Days	6.88%	6.78%
12 Months	39.40%	27.71%

3 Overlapping Holdings

Symbol	Grade	Weight in BUL	Weight in COWS	Overlap
OC	A	2.07%	2.76%	2.07%
VNT	C	0.77%	1.46%	0.77%
WSM	C	2.05%	2.17%	2.05%

BUL Overweight 46 Positions Relative to COWS

Symbol	Grade	Weight
CRM	B	5.79%
BKNG	A	5.76%
LULU	C	4.94%
FANG	C	4.83%
AMAT	F	4.67%
LRCX	F	4.66%
NVR	D	3.58%
PHM	D	3.45%
DECK	A	3.35%
FTV	C	3.3%
GDDY	A	3.14%
EME	A	3.01%
EXPE	B	2.95%
BLDR	D	2.6%
RS	B	2.21%
PSTG	D	2.17%
FIX	A	2.07%
TOL	B	1.99%
NVT	B	1.6%
LECO	C	1.52%
OVV	B	1.43%
MEDP	D	1.41%
BLD	D	1.39%
COKE	C	1.34%
EXP	B	1.31%
EXEL	B	1.3%
AIT	B	1.29%
FN	C	1.23%
SKX	D	1.19%
WYNN	C	1.17%
CE	F	1.16%
DBX	B	1.1%
UFPI	C	1.03%
CHRD	D	1.02%
ESAB	C	0.99%
HALO	F	0.97%
ANF	F	0.92%
BYD	B	0.85%
WFRD	D	0.8%
LNTH	D	0.76%
RMBS	B	0.75%
CROX	D	0.75%
QLYS	B	0.71%
NEU	D	0.67%
LOPE	C	0.64%
BCO	F	0.55%

BUL Underweight 50 Positions Relative to COWS

Symbol	Grade	Weight
VST	A	-4.0%
SNA	A	-2.95%
G	B	-2.68%
CMCSA	B	-2.56%
MRO	B	-2.49%
CF	A	-2.48%
SLB	C	-2.48%
HAL	C	-2.43%
BC	C	-2.42%
FNF	B	-2.35%
FDX	B	-2.31%
EBAY	D	-2.3%
TPR	B	-2.21%
TKR	D	-2.13%
BMY	B	-2.07%
ALSN	B	-2.03%
PARA	C	-2.02%
SM	B	-2.02%
PVH	C	-1.95%
PTEN	C	-1.93%
VLO	C	-1.89%
NXST	C	-1.86%
SWKS	F	-1.84%
BEN	C	-1.8%
BBWI	C	-1.75%
NOV	C	-1.74%
PR	B	-1.74%
MGY	A	-1.73%
MUR	D	-1.72%
MTDR	B	-1.67%
GAP	C	-1.67%
ASO	F	-1.63%
T	A	-1.6%
MCK	A	-1.48%
DVN	F	-1.48%
OLN	F	-1.45%
TMUS	B	-1.43%
DNB	B	-1.43%
AYI	B	-1.4%
BWA	D	-1.37%
CSCO	B	-1.34%
AEO	F	-1.33%
LEA	F	-1.33%
RL	C	-1.29%
OGN	F	-1.29%
OSK	C	-1.27%
INGR	C	-1.25%
IPG	D	-1.23%
SAIC	F	-1.19%
ENS	F	-1.12%