COWG vs. ALAI ETF Comparison

Comparison of Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) to Alger AI Enablers & Adopters ETF (ALAI)

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

COWG Description

Pacer US Large Cap Cash Cows Growth Leaders ETF is an exchange traded fund launched and managed by Pacer Advisors, Inc. It invests in public equity markets of the United States. The fund invests in the stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund seeks to track the performance of the Pacer US Large Cap Cash Cows Growth Leaders Index, by using full replication technique. Pacer US Large Cap Cash Cows Growth Leaders ETF was formed on December 21, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.07

Average Daily Volume

60,739

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ALAI

Alger AI Enablers & Adopters ETF

ALAI Description

ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.

Grade (RS Rating)

Last Trade

$23.48

Average Daily Volume

4,289

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	COWG	ALAI
30 Days	8.31%	11.93%
60 Days	16.55%	20.73%
90 Days	5.94%	2.72%
12 Months	37.99%

4 Overlapping Holdings

Symbol	Grade	Weight in COWG	Weight in ALAI	Overlap
APP	A	4.71%	3.74%	3.74%
AVGO	B	2.17%	4.07%	2.17%
META	A	1.96%	6.36%	1.96%
NVDA	B	4.11%	11.1%	4.11%

COWG Overweight 6 Positions Relative to ALAI

Symbol	Grade	Weight
DECK	B	2.39%
CSL	A	2.15%
GDDY	B	2.1%
QCOM	D	2.01%
MPWR	B	1.94%
ANET	A	1.92%

COWG Underweight 6 Positions Relative to ALAI

Symbol	Grade	Weight
MSFT	D	-13.68%
AMZN	C	-10.18%
AAPL	C	-7.32%
GOOG	B	-3.41%
NFLX	A	-2.55%
SPGI	C	-2.4%