EZU vs. PTEU ETF Comparison

Comparison of iShares MSCI EMU Index Fund (EZU) to Pacer TrendpilotTM European Index ETF (PTEU)

EZU

iShares MSCI EMU Index Fund

EZU Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EMU Index (the "underlying index"). The fund generally invests at least 95% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks from the following 11 countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain. Components primarily include consumer discretionary, consumer staples, financial and industrials companies.

Grade (RS Rating)

Last Trade

$51.13

Average Daily Volume

1,297,805

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PTEU

Pacer TrendpilotTM European Index ETF

PTEU Description

The investment seeks to track the total return performance of the Pacer Trendpilot European Index. Normally the fund will invest at least 80% of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurobloc Index, (ii) 50% to the FTSE Eurobloc Index and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.28

Average Daily Volume

1,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EZU	PTEU
30 Days	1.71%	1.72%
60 Days	8.88%	8.90%
90 Days	1.54%	1.36%
12 Months	26.81%	12.08%

2 Overlapping Holdings

	Symbol	Grade	Weight in EZU	Weight in PTEU	Overlap
	E	C	0.58%	0.56%	0.56%
	STLA	F	0.78%	0.54%	0.54%

EZU Overweight 3 Positions Relative to PTEU

Symbol	Grade	Weight
STM	F	0.51%
AER	C	0.34%
CCEP	C	0.27%

EZU Underweight 12 Positions Relative to PTEU

Symbol	Grade	Weight
ASML	F	-5.45%
SAP	C	-4.11%
TTE	B	-2.21%
SNY	C	-2.08%
SAN	C	-1.27%
BBVA	C	-1.03%
BUD	A	-0.99%
ING	D	-0.97%
ARGX	C	-0.53%
NOK	C	-0.37%
QGEN	F	-0.16%
TS	D	-0.11%