ECOW vs. RNEM ETF Comparison
Comparison of Pacer Emerging Markets Cash Cows 100 ETF (ECOW) to First Trust Emerging Markets Equity Select ETF (RNEM)
ECOW
Pacer Emerging Markets Cash Cows 100 ETF
ECOW Description
The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows 100 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 large and mid-capitalization U.S. companies with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as "cash cows". The fund is non-diversified.
Grade (RS Rating)
Last Trade
$20.51
Average Daily Volume
17,116
13
RNEM
First Trust Emerging Markets Equity Select ETF
RNEM Description
The Emerging Markets Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Emerging Markets Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").Grade (RS Rating)
Last Trade
$51.01
Average Daily Volume
1,136
8
Performance
Period | ECOW | RNEM |
---|---|---|
30 Days | -4.16% | -4.17% |
60 Days | 0.24% | -5.94% |
90 Days | -0.40% | -5.04% |
12 Months | 7.78% | 4.70% |
ECOW: Top Represented Industries & Keywords
RNEM: Top Represented Industries & Keywords